Word: corpe
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Dates: during 1930-1939
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Rearmament has so far meant much to only a few U. S. industries-chiefly those which make war machinery for air and sea. One U. S. company which makes war machinery for both air and sea is Sperry Corp. What rearmament has meant for Sperry was told in part last week in that company's report for the first half...
...slump but a record year was 1938 for Sperry Corp. This year working overtime to turn out antiaircraft equipment, searchlights, airplane instruments, and deep-sea gyro equipment, Sperry netted a thumping $2,469,576 ($1.23 per share), up 12% from 1938's record first half, up 49% from the first half of 1936 when the armament boom began. Buttressed against wartime demands for working capital, it had $5,768,158 cash, 31% more than last summer...
...Sperry Corp. owns Ford Instrument Co. which makes naval gunfire control devices in its closely guarded plant at Long Island City, N. Y., recently bought Waterbury (Conn.) Tool Co. and Vickers, Inc., of Detroit, which manufacture hydraulic pumps and variable speed transmissions. But it is proudest of its biggest and oldest subsidiary, Sperry Gyroscope Co. of Brooklyn and of its English brother, Sperry Gyroscope Co., Ltd., which has just set up a new factory in the English Midlands, to carry on if its London plant is bombed...
...first dreadnaught. Delaware was also the first battlewagon to be equipped with a Sperry gyroscopic compass and before he had walked many tours on the quarterdeck, Ensign Gillmor knew as much about it as the two electricians who had installed it: Thomas A. Morgan (now president of Sperry Corp.) and O. B. Whitaker (now Sperry Gyro's marine manager...
Next day, to the abandoned two-story plant of Fashionmaid Hosiery Co. at Vankirk and Keystone Streets went the 80 to clean up, overhaul the machines, put up a new sign (Colonymaid Hosiery Corp.) and get ready for production. It was their plant. They had put up $300 each by drawing on savings, getting loans on their life insurance and cars. They had high hopes and some reason for them...