Word: lite
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Dates: during 1950-1959
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Stock Control. Hoping to avoid a proxy fight, Evans and Landa persuaded Gurdon Wattles, chairman of Electric Auto-Lite Co. and a Crane director, to back them with 322,900 shares of Crane stock owned by Auto-Lite. They also went to Mrs. Emily Crane Chadbourne, 89, only living daughter of Crane's founder, explained that Evans' chief argument with Crane President Neele E. Stearns was over Stearns's slowness in expanding the firm's inadequate network of independent wholesalers. Proof of Evans' complaint was Crane's first-quarter earnings (23? per share...
...remarkably successful against short attacks of extreme heat. It is used in 20 types of missiles, sometimes in the nose cones, sometimes in other hot spots such as the nozzles of rocket motors. The Thompson company says that a laminated layer of Astro-lite two-tenths of an inch thick can protect the nose of an IRBM. For an ICBM, which enters the atmosphere much faster, four inches may be needed. This thickness weighs, says Thompson, only one-fifteenth as much as a heat-resistant metal used for the same...
...Here . . ." From death, that sunken rock of an abstraction, Wights painted ideas ripple out to include what he calls "the transitoriness lite. Now we're here, now we're not." Says he: "I suppose that I would have been a good transcendentalist 100 years ago." He often paints water, finding in its unresting ebb and flow an almost obsessive symbol for the tides of time. On occasion, as in his stormy Clock (see cut) time, tide and the implied threat of shipwreck build together into a powerful unity. At other times he uses a huge winter-stripped, decaying...
...James P. Falvey, 49, an expert on law and labor relations, was elected president and chief executive officer of Electric Auto-Lite Co., the world's biggest independent manufacturer of automobile electrical equipment (30 plants in the U.S. and Canada). Falvey is the complete opposite of his rugged, swashbuckling predecessor, Royce G. Martin (onetime paymaster for Pancho Villa), who died minutes after his horse Goyamo ran in the 1954 Kentucky Derby (TIME, May 10). Falvey joined Auto-Lite in 1934, when it bought out Moto-Meter Gauge and Equipment Corp., for which he was patent attorney. He built...
...Despite the high incidence of mayhem on Suspense, sponsor Auto-Lite, makers of car appliances, sees to it that no one is ever hurt in an auto accident...