Word: corpe
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Dates: during 1950-1959
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...drop in steel use in Detroit. January auto sales were the most disappointing since 1954 with only 381,000 new cars delivered-down 22.6% from December. Ford Motor Co., after record 1957 sales of $5.8 billion (with profits of $282 million), was off an estimated 30%; Chrysler Corp., with record 1957 sales of $3.5 billion (and profits of $120 million), tumbled an even sharper 34%, dropping back to 14% of the market. General Motors' sales dropped only 11%, and G.M. jumped up to 56% of the market v. 46% last year. Nevertheless, the industry's overall sales were...
...Wernher was born in Wirsitz, East Prussia (now part of Poland), the middle son of Baron Magnus von Braun, the local state administrator. Today Wernher's older brother, Sigismund, is counselor at the German embassy in London; his younger brother, Magnus, is program-control manager of the Chrysler Corp.'s new missile division in Detroit. Last week in a comfortable Oberaudorf apartment, Baron Magnus von Braun, tanned and vigorous, celebrated his 80th birthday, marked by a four-page letter from Wernher and a gift of twelve bottles of Rhine wine. Said he, fingering his white walrus mustache...
...between the movies and TV suffered its Dienbienphu last week. Paramount Pictures Corp., last of the big moviemakers to hold out, finally surrendered, sold its backlog of 750 pre-1948 films to TV. The price: a handsome $50 million. Soon to visit the televiewer at home, courtesy of Management Corp. of America (and numberless sponsors), are such Paramount standouts as Going My Way, This Gun for Hire, The Lost Weekend, all the Mae West films, the Hope-Crosby-Lamour "Road" shows; and Cecil B. de Mille's Cleopatra, Unconquered and Union Pacific...
...Magnet Cove Barium Corp. (Magco-bar), one of the world's biggest dealers in drilling mud, which uses aircraft to fly its "mud doctors" to out-of-the-way sites around the U.S. It has found that one man in a light plane can do the work of eight in cars or aboard boats, and the time saved often means keeping a valuable well from being wrecked. Magcobar's fleet: 17 planes, mostly float-equipped, which flew 7,200 hours last year at a cost of $144,000, far less than the business they brought...
...Leaders. The Big Three of the private-plane industry are Cessna Aircraft Co., whose President Dwane Wallace is called the "Henry Ford of the light-plane business"; Beech Aircraft Corp., whose President Olive Ann Beech is the only woman to boss a big plane maker, and Piper Aircraft Corp., whose President William T. Piper is the dean of the industry...