Word: fruehaufs
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Into the Detroit smithy of Wagon-maker August Charles Fruehauf (rhymes with blew-off) one day in 1915 walked a lumber dealer. To the blacksmith he posed a problem: Could he make a two-wheel cart to hitch behind a truck, haul lumber from yard to job? August thought he could. In no time his two-wheelers were delivering lumber all over Detroit, and a brand-new U. S. industry was born: the commercial trailer...
...long yellow oak table that is Edward G. Budd's desk last week came a $9,000,000 order from Fruehauf Trailer Co. of Detroit. This order for 10,000 stainless steel unassembled semitrailer bodies meant that at 69 courtly Edward Budd was crossing a new frontier in the Detroit automotive field, where for years he has sold bodies and wheels to Chrysler, Ford, General Motors and various others. That the No. 1 trailer manufacturer was going in for stainless steel in such a big way was good New Year's news for 27-year-old Edward...
...Fruehauf Trailer Co. (first in 1938 truck trailer sales): "differential dual" wheels, with which a double-tired trailer can swing a corner and have tires 1 and 2 on each wheel revolve at different speeds. Claim: savings on gas and tires...
...which gives employment to more than 3,000,000, pays special taxes of $417,500,000 ($89,000,000 more than the amount of all taxes that U. S. railroads pay). Truck manufacturers represented were Autocar, Baker-Raulang, Brockway, Diamond T, Divco-Twin, Dodge, Federal, Ford, Four Wheel Drive, Fruehauf Trailers, General Motors, International Harvester, Mack, Marmon-Herrington, Pak-Age-Car, Reo, Sterling, Studebaker, Truck-tor, Walker, Walter and White. Motor-makers were Aircooled Motors Corp., Buda, Continental, Cummins, Hercules, and Waukesha. Represented, too, were some 75 body, wheel, accessory and fuel companies...
...corporate capital financing totaled $526,187,000 compared to $310,709,000 in the same period of 1936. Notable issues: by Johns-Manville, $10,000,000 in common stock; by Pennsylvania Railroad, $52,000,000 in debentures; by Burlington Mills, $3,150,000 in common stock; by Fruehauf Trailer Co., $1,500,000 in debentures; by Wilson & Co., $6,500,000 in debentures; by Inland Steel Co., $10,000,000 in bonds. June underwritings included a $75,000,000 debenture issue by Socony-Vacuum, $15,000,000 in Safeway Stores debentures...