Word: inces
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Dates: during 1950-1959
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...unleashed Greyhound's first broad public-relations drive, plugging the theme that bus riding can be classy and comfortable. The campaign cost millions, but, grumbled Vice President Adam P. Sledz, "it produced nothing of a tangible nature." Genet's greatest misadventure was Greyhound Rent-A-Car, Inc. Started 2½ years ago, it still rides in the red. Last week Genet, 48, resigned under pressure...
...Russia's Sputniks, U.S. experts have surmised that the Russians may have a massive, single-chamber rocket engine for which the U.S. has no match. The U.S.'s most powerful engine develops only 150,000 Ibs. of thrust, is made by Rocketdyne Division of North American Aviation, Inc. for the Thor and Jupiter (the considerably larger Atlas uses a cluster of engines). Last week Rocketdyne was starting work on an Air Force contract for developing a monster engine with 1,000,000 Ibs. of thrust...
MONEY-LOSING PABST Brewing Co. (sales: 2.9 million bbl.) will jump from eighth place among U.S. brewers to third or fourth by picking up profitable Blatz Brewing Co. from Schenley Industries, Inc. for $14.5 million and 200,000 shares of Pabst (price: about $10 a share). Schenley also gets warrants to buy 350,000 shares of Pabst for $10 to $12.50 until mid-1966, may thus one day become biggest Pabst shareholder...
...least two U.S. filter brands - Kent and Hit Parade - carry less than 18 mg. of tar, while King Sano has 18.5 mg. and Parliament 19.6 mg., says Foster D. Snell, Inc., an inde pendent testing and research firm...
...helped revive tiny (pop. 1,800) Saltsburg, Pa. with a campaign that attracted three new industries with a payroll of about $1,000,000 annually. Then, perfumed with a reputation for good works, the E.I.D.C. group really started operating. Belle and his friends acquired control of Cornucopia Gold Mines, Inc., which owned a worked-out Oregon claim that had only one visible worth-a listing on the American Stock Exchange-planned to use Cornucopia as a holding company "shell" for half a dozen small subsidiaries (claimed 1956 sales: $5,200,000) that it had located and had taken options...