Word: crosleys
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Long-legged, youthful-looking Powel Crosley Jr. towered above a tiny automobile at the Indianapolis motor speedway one day last week while his grandson broke a bottle of gasoline on its nose and 200 Crosley Corp. dealers applauded the christening. Then Mr. Crosley tucked his six-foot-four frame comfortably behind the steering wheel and posed for photographers...
...Crosley became interested in iceboxes. Now Crosley Refrigerators are turned out on an assembly belt at a rate of nearly 2,000 a day. An old baseball fan, Mr. Crosley had long been disturbed by the Cincinnati Reds consistently losing money and games. So in 1934 he bought Line No. 5. He has since carried the Reds out of the red and into the first division of the National League...
...Crosley sidings have remained sidings. Soon after he went on the air with WLW he went into it with biplanes which he called Moonbeams. Now he no longer makes planes but owns three airfields, always travels by private plane. He produces washing machines, ironers, ranges, bottle coolers, and a strange gadget called the Xervac, designed to stimulate hair growth by alternate vacuum and pressure. These big and little lines are all gathered under an $8,800,000 corporation, Crosley Radio Corp., which last year lost $376,915 (partly because of damage by fire and flood), but which had average...
...through his experiments and expansions, Mr. Crosley has been wistful about his first and least successful love, the automobile. For some time he has been reported toying with a little two-cylinder car, to sell at about $200. Last month stockholders received a letter proposing that the company change its name-leaving out the word Radio-and alter articles of incorporation "so that the company will be able, if conditions warrant, to enter the automobile industry when, as and if, such entry into the automobile industry appears desirable...
Last week, as Mr. Crosley left Cincinnati for a ten-day trip on his 100-foot yacht, Sea Owl, he denied that his company was ready to produce automobiles, but admitted "experiments." Stockholders, having ratified the proposed changes, met this week to discuss next moves. Cincinnatians, believing Powel Crosley had crossed the switch into a new siding, expected to see the new car before the New Year...