Word: kaisers
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...Miles per gallon for the other finishers: Henry J Corsair Six, 26.368; Studebaker Commander, 25.597; Ford Mainline Six, 25.463; Mercury Monterey, 25.409; Studebaker Land Cruiser, 25.383; Kaiser Deluxe, 24.648; Plymouth Cranbrook, 23.522; Plymouth Concord, 23.t>80; Lincoln Capri, 22.356; Ford Mainline Eight, 22.149; De Soto Firedome Six-Passenger, 21.278; Hudson Hornet Six, 20.827; Chevrolet Styleline, 20.571; Hudson Wasp, 20.464; Hudson Commodore Eight, 20.397; Chrysler Windsor, 19.360; Packard 200, 19.228; Chrysler Imperial, 19.080; Chrysler Saratoga Six-Passenger, 19.024; Chrysler Saratoga Eight-Passenger, 17.652; Packard 400, 16.951; Packard 300, 16.421; Chrysler Crown Imperial...
...Kaiser-Frazer cut prices on its Henry J models this week, thanks chiefly to the fact that, with the metal supply easing, K-F no longer must rely on high-cost conversion steel. The cuts, ranging from $100 to $168, put the lowest priced Henry Js $176 to $266 below the lowest Ford, Chevrolet and Plymouth...
Metals. Phelps Dodge, second biggest domestic copper producer, saw its net fall from $12.7 million to $9.2 million; Kaiser Aluminum & Chemical went from...
...last week, Eaton had the latest laugh. Manhattan's U.S. court of appeals ruled that Eaton's contract was, indeed, invalid. In its prospectus for the issue, said the court, Kaiser-Frazer stated its earnings in such a way as to represent that it had made a profit of about $4,000,000 in December 1947. "This representation was $3,100,000 short of the truth." This failure to make full disclosure not only "violated the Securities Act of 1933" but was "a breach of the contract," even though Otis & Co. had all the facts and had helped...
Eaton isn't out of the woods yet. He and the president of Otis & Co. are still under a $3,232,329 judgment awarded Kaiser-Frazer by a state court in Wilmington, Del. in a similar suit, and Otis & Co. is still under a court-appointed trustee. But the Manhattan decision made Eaton so cocky that he predicted he would soon be back in business...