Word: kaisers
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Looking for an ear-catching name for his new, lower-priced car, Automaker Henry J. (for John) Kaiser set up a $200,000 contest. The result was prodigious: some 450,000 people submitted names. Last week Kaiser-Frazer picked the winner. It wasn't easy, since about 100 contestants had submitted the same name. K-F awarded first prize of $10,000 to Mrs. Charles Atkinson of Denver because she had written the best 25-word reason for her choice. The winning name: Henry...
...Excuses are found to make loans, and in large amounts, that under no circumstances can be justified. [RFC] is being prostituted when making such loans as the Kaiser-Frazer [$44 million], Lustron [$37.5 million], Texmass [$10 million] and Waltham Watch Co. [$6 million...
Died. Prince Hubertus of Prussia, 40, grandson of Germany's late Kaiser Wilhelm, wartime captain in Hitler's Luftwafte, recently a sheep farmer in South Africa; after an appendectomy; in Windhoek, South-West Africa...
...renovate two factories, and Borden Co. was planning a new milk-processing plant. In Canada, Cleveland's M. A. Hanna Co. was developing the rich iron-ore deposits in the Ungava area of Northern Quebec and Labrador, a project that may cost $200 million. Automaker Henry J. Kaiser had landed a $2,500,000 contract with Israel to build an auto assembly plant in Haifa. In Latin America, considered an "undeveloped" area by Point Four planners, some of the biggest U.S. companies were hard at work. In Venezuela, U.S. Steel Corp. had discovered ore deposits of higher iron content...
...short, it looked as if Kaiser had put most of his own eggs in the right baskets and kept a tight hold on the handles...