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...cheap variety theater in Haverhill, Mass, into a cinema empire. Oilman Edward L. Doheny, a gold prospector from Tombstone, Ariz., found a fortune beneath his feet and exploited the vast oil wealth of Los Angeles. Donald Douglas and "Dutch" Kindel-berger built air armadas, and restless Henry Kaiser, fabricator of dams & ships, gave southern California its first complete steel plant...

Author: /time Magazine | Title: CALIFORNIA: The Pink Oasis | 7/4/1949 | See Source »

Dworkin, Ronald Myles of 167 Laurel Avenue, Providence, R. I.; Classical High, Providence, Hammer, Louis Zelig of 324 West Main Street, Norwich, Conn.; Norwich Free Academy. Kaiser, Walter Jacob of 285 Southwest Street, Bellevue, Ohio; Phillips Academy, Andover, Mass. Kanter, Carl Irwin of 23 Abbott Avenue, Danbury, Conn.; Danbury High...

Author: NO WRITER ATTRIBUTED | Title: Scholarship Lists Released | 6/21/1949 | See Source »

Like a smart tennis player, Cyrus Eaton had more than once caught the Securities & Exchange Commission flat-footed in its long battle to revoke the underwriting license of his investment house, Otis & Co. SEC charged that Eaton had instigated a suit against Kaiser-Frazer Corp. and then used the suit to get out of underwriting a stock issue for K-F when it seemed that Otis might lose millions on the deal. Eaton neatly handled that hot serve. He sued SEC in the U.S. District Court. It ruled that there was insufficient evidence against Otis. SEC took the case...

Author: /time Magazine | Title: HIGH FINANCE: Cy's Set | 6/13/1949 | See Source »

...Russians, for example, include in their definition properties which the Nazis seized from the Austrians after the Anschluss. The Big Four might interminably haggle over half a billion dollars' worth of factories, oilfields and Danube River shipping, but all the competent authorities were agreed on one fact: Herr Kaiser's three rings seemed to be German assets, all right. Frau Feix was informed that she must not sell them without written permission from the Allied Commission for Austria...

Author: /time Magazine | Title: AUSTRIA: Due Process of Law | 5/23/1949 | See Source »

Nobody expected a pickup soon. In spite of the Ford strike, new cars were rolling out of Detroit at a rate of more than 5,000,000 a year. Some new car dealers were feeling a sag in their own sales (Kaiser-Frazer Corp. this week reported a $5.8 million loss in the first quarter). They were once more offering bigger trade-in allowances than they could get for the used cars. By summer's end, some of 1949's new cars would be showing up on used-car lots, to add to the glut. Both...

Author: /time Magazine | Title: AUTOS: No Sale | 5/23/1949 | See Source »

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