Word: kodak
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Dates: during 1940-1949
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Meanwhile, at last week's end, many prime equities fell to apparent bargain levels. Examples: Du Pont (selling around 160 and paying $7.50), Eastman Kodak (selling around 140 and paying $6), Bethlehem Steel (selling under 80 and paying $3.75), United Aircraft (selling at 48 and paying $2.75), nearly a 5% rate of return on the cream of U. S. business. Traders with cash balanced the temptation to snap up these bargains against the thought that fresh Allied disasters might well knock the market down to still more attractive bargain levels before defense spending takes hold...
...married (to his senior professor's daughter), emigrated to the U. S. and went to work for a photographic supply manufacturer. Then he started his own consulting practice, invented a quick-action photographic printing paper called Velox, organized Nepera Chemical Co. to manufacture it. George Eastman of Eastman Kodak bought...
Bald, cob-nosed Designer Teague has been beautifying machine-age gadgets ever since 1928, when Eastman Kodak Co. hired him to spiffy up its then drab-looking cameras. From cameras. Teague went on to magnifying glasses, mirrors, telescopes, binoculars. Steuben glassware...
Toward the close of World War I big Eastman Kodak Co. got scared. Low and uncertain were its supplies of methanol (wood alcohol), indispensable solvent of the cellulose nitrate from which photographic film was made. When peace came, Eastman set about making its wood alcohol supply secure. In doing so, it unwittingly became a pioneer in the infant field of U. S. plastics...
Awed but not dizzied by all this is Tennessee Eastman's President Perley S. Wilcox ("Uncle Perley" to his employes). Now completing his forty-second year with Eastman, he has built his plant to 82 buildings, 372 acres, 5,000 workers (second to the Kodak Park Works, Rochester, N. Y.'s biggest plant). Last year his big plant produced some 50,000,000 Ibs. of cellulose acetate, of which one-half went into rayon yarn, one-eighth into Tenite I & II, the rest into film, wrapping sheets, lacquers. Gross: some $25,000,000. For Tennessee Eastman pioneering...