Word: feldmans
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...story, which the committee dredged up from a dozen witnesses, began with International Detrola Corp., which needed steel for its radios and phonographs. To get a supply, Detrola, in August 1946, bought the Newport Rolling Mill at Newport, Ky. But Detrola's President C. Russell Feldman soon found that he still had a problem : he had no pig iron to make his steel. So, he told the committee, he made a deal with Kaiser-Frazer Corp. to trade finished steel for K-F's pig iron. (He also made another deal, the committee found, with Cincinnati...
Tuned In. Detrola's Feldman soon had another problem: his radios were piling up. So he offered to sell 9,000 tons of steel at mill price ($100.09 a ton) to Boston's Clark & White, Inc., if it would also pay $875,000 for 28,000 radios. Clark & White accepted the proposition - and lost $580,000 on the radios; it sold them for $295,000. But it made up the loss handily - and $461,120 to boot - by selling the steel in the grey market...
...candidates, all in the Class of '51, are: J. David Baumann, William C. Becker, Edmund J. Blake, Jr., Charles D. Bottenfield, David A. Brockway, Alexander J. Calla, Frederick R. Coburn, James N. Douglass, Robert A. Feldman, Frederick M. Fialkow, Roy M. Goodman, William G. B. Graham, John T. Hazel, Arthur Dwight Hyde, Jr., George D. Jackson, Edward R. Kane, Kenneth Keniston, V. Bruce LaSala, William van H. Mason, David G. Nathan, A. Werner Pleus, Roger V. Pugh, Jr., John P. Rice, Jr., Henry M. Silviera, Jr., John Talbot, Jr., Robert E. Tomasello, B. David Waring, and Jeffrey Watkins...
Orator: John Hertrand Cadigan, Jr., Albert Feldman, Richard Thomas Gill, Frederick Francis Lamont...
Included on the new slate are Jordan L. Golding '48, of Mattapan and Eliot House, as business manager; Albert Feldman, of Brookline and Claverly Hall, production director...