Word: goodyears
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...looked last week as if Harvey Samuel Firestone had acquired a new spear for his running joust with the mail-order tire. To Harvey Firestone, an embattled individualist, all the woes of the rubber world are compressed in the cheap tires which his three big competitors - Goodyear, Goodrich and U. S. Rubber - manufacture but which the mail-order houses (and a few chainstores) sell under their own brand name (TIME, April 10). Harvey Firestone's spears in the past have been price-cuts and letters to his stockholders impaling his Akron neighbors. This time the spear-thrower...
Everybody feared that another missing bag, the Goodyear XI carrying Frank A. Trotter and Ward Tunte Van Orman, might have been blown into the Atlantic. For Pilot Van Orman, champion of two Bennett races and a veteran of many others, it would not have been strange to find himself at sea. Once in a European race he was carried out in the dead of night, signaled a passing steamer with a flashlight, alighted safely on deck...
Chiefly famed as an aircraft designer for the Navy and for Goodyear-Zeppelin Corp., of which he is vice president, Jerome Clarke Hunsaker is not new to teaching or to M.I.T. Graduated high in his class from Annapolis in 1908 he was selected the following year for the Corps of Naval Constructors and sent to M.I.T. for advanced work. Aeronautics as a science did not then exist in the U.S., but a beginning had been made abroad. A request from M.I.T. to the Navy Department, and Jerome Hunsaker was on his way to England and France where he studied wind...
Wage increases were taking place all over the country. In Akron, where Newton Diehl Baker was trying to bring harmony to the embattled rubber industry, Goodyear, Firestone. General. Mohawk all announced 10% raises. Seiberling upped pay 5%. The Pittsburgh Coal Co. was paying 10% more to 8,000 workers. Amoskeag Manufacturing Co., largest cotton textile manufacturer, announced a 15% raise at Manchester, N. H. Other textile mills at Dallas, Gadsden, Ala., Lawrence, Mass., Rockville, Conn, swung into line. Canning factories in Florida, a Philadelphia handbag maker, a Suffolk, Va., candy company, upped pay. Sears, Roebuck rescinded a 10% salary...
Chase itself bought in practically all the collateral for $22,700,000. Included were 95,000 shares of Republic Steel, 50,000 shares of Cliffs Corp. (iron ore), 98,400 shares of Firestone Tire, 77,000 shares of Goodyear, 62,000 shares of U. S. Rubber. 55,000 shares of Goodrich, 350,900 shares of Lehigh Coal & Navigation and working control of United Light & Power. What Chase intends to do with these new possessions Chase would not tell last week...