Word: curtiss
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...Paris (1927), U. S. aviation stocks began to go up. Wright Aeronautical Corp., especially helped by his flight, rose to spectacular heights on predictions of tremendous profits. Fulfilling these prophecies, earnings for 1928 were $2,400,000 against $900,000 in 1927. Last week, Wright, now 90%-owned by Curtiss-Wright, published its report for 1929. Its earnings had tumbled into an airpocket as great as the one which engulfed all aviation securities, for instead of the $5,000,000 that had once been hoped for, the report again showed a measly $900,000. Last month the Wright dividend...
Although the true position of the industry can not be gauged until such potent companies as Aviation Corp., Curtiss-Wright Corp., and Detroit Aircraft Corp. make their statements some time in April, the losses shown by two large transport companies were significant...
Northerns. Another important event of the railroad week transpired at J. P. Morgan & Co. when President Ralph Budd of Great Northern, President Charles Donnelly of Northern Pacific, President Frederick Ely Williamson of Burlington, and Arthur Curtiss James, largest Great Northern stockholder, met to discuss means to merge Great Northern and Northern Pacific as proposed by the I. C. C. Awaited for many years, this merger is now held up by the difficulties, financial and legal, attendant upon the two roads divesting themselves of Burlington stock, against which they have issued bonds...
...airports are too far away, are all subject to fogs which render navigation impossible. (The seaplane base in New York harbor, while decreasing the distance to the centre of the city, will still be affected by fogs.) Because of fogs, U. S. airmail removed its original terminal from Curtiss Field, L. I., to Hadley Field, New Brunswick, N. J., a distance twice as far from Manhattan...
...President Curtiss Wright Corp.; Chairman of the Board, T. A. T.-Maddux Air Lines...