Word: kaisers
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...months of investigation, the Securities & Exchange Commission shelved its attempt to revoke the securities trading license of Cyrus Eaton's Otis & Co. SEC had little choice. It had hoped to prove that Otis & Co. had fraudulently wriggled out of a deal to underwrite a $10 million issue of Kaiser-Frazer stock. But the only way it could do so.was by proving that Otis & Co. had put Lawyer James Masterson up to filing the suit against K-F which had enabled Otis to call off the deal. Last month, a U.S. district court ruled that Eaton's lawyers...
Humming. The automobile industry was heartier than ever. Chrysler Corp. reported a record nine-month net of $59,887,601 (up 25%). Packard's net for the same period was $9,488,336 (v. a $131,478 loss in the 1947 period). Kaiser-Frazer turned in $8,253,451 after deducting $5,900,000 in taxes (v. $6,089,000 in the 1947 period, when no taxes were paid. K-F's earnings were tax-free because of a carry-back). But K-F's third-quarter net of $2,058,000 was almost 74% below...
...Theodor Plievier was one of that small, distinguished fraternity (including Arnold Zweig, Henri Barbusse, Remain Holland) who, after World War I, deemed it their duty to blow the gaff on military imperialism so thoroughly that a similar carnage could never come again. Plievier's main contribution was The Kaiser's Coolies, and after writing it, he fled into exile. Now, with an even more fearful war come & gone, 60-year-old Theodor Plievier has resumed his old theme song...
Reporter, Boston Record-American; assistant television producer, World Video; seasonal park ranger, Shenandoah National Park; editorial department. American Telephone and Telegraph; editorial department, Collier's; translator, export, division of Kaiser-Frazer; and a position in the South American branch of the First National Bank of Boston...
Henry Expands. Busily adding to his empire, Henry Kaiser announced a big deal to expand his Fontana steel mill. As usual, it was somewhat complicated. In return for $60 million worth of Fontana steel, the Transcontinental Gas Pipeline Co. (which plans an 1,840-mile natural-gas pipeline from Texas to New York) will help Kaiser finance a $17-million blast furnace to double Fontana's 1,200-ton daily capacity of pig iron...