Word: frazer
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Ever since 1946, when Edgar Kaiser became general manager of Kaiser-Frazer Corp., he has actually been running the company, although breezy, glad-handing
...spur slumping sales, Kaiser-Frazer Corp. last week took a bold step: it cut auto prices 10% to 15%, by far the biggest reductions made by any automaker since the war. The slash brought the list price of the lowest-priced model, the Kaiser special, to $1,995-a drop of $333. The smallest reduction was $198 on the Frazer. The company said that "starting up" costs had been absorbed and that steel end auto parts were now available at lower prices...
...preceding 175 pound class bout, Phil Isenberg of Winthrop took on Jack Frazer of Dunster House. Knocked down three times, Frazer earned the applause of the crowd when the referee finally forced him to quit in the third round, against his will...
When sales of Kaiser-Frazer cars went into a slump recently, K-F cut production from 675 to 350 units a day rather than cut prices. Last week, its annual report showed why it had no choice. Though its sales had increased 24% to $341,500,000, its 1948 profit, before taxes, had risen only 2%. And after taxes, the profit of $10 million was little more than half that of 1947, when no taxes were paid. In effect, K-F could not afford to cut prices because it was making less than...
...freshman summaries: Hentz (W) defeated Bacon (H), 3-0; Magaseth (H) defeated Frazer (W), 3-0; Flagg (H) defeated Lucas (W), 3-0; Hoar (H) defeated Rosner (W), 3-0; Wood (H) defeated Robbins...