Word: makers
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Dates: during 1950-1959
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Would easier credit end the spring slump that had many businessmen worried? It was still too early to tell, but there were already signs that businessmen, having cut their inventories to the bone, were beginning to end their own buying strike. One furniture maker reported new orders 36% above last year's. The hard-hit textile industry picked up to the point where raw wool prices were on the rise again, and rayon and acetate shipments were up 4½% since March. The wholesale-price average of all commodities turned up 0.1% for the week, indicating a stiffer demand...
...like the hippogriff, a beast that is half horse and half griffin.* Last week came word of a proposed merger which would create a real-life business hybrid-part cow and part bus. The companies concerned, whose directors have already approved a stock swap, are ACF-Brill Motors Co., maker of buses and trackless trolleys, and Foremost Dairies, Inc., seller of milk, ice cream and other dairy products in the South and (through foreign subsidiaries) the Far East. For ACF-Brill, which just turned the profit corner last year, after three years of losses (TIME, April 7), the deal...
Fedders-Quigan Corp., a Long Island company which makes air conditioners for RCA and Crosley, says that it has 20% of the market, that with ample materials it may prove to be the largest maker of single-room coolers this year. This claim is hotly disputed by York Corp.'s President Stewart E. Lauer. Since York not only makes its own but Philco's room-unit as well, York's Boss Lauer thinks he holds first place, claims 40% of the market. Chicago's Mitchell Manufacturing Co. insists that it is second. In the package-unit...
...France, no one who likes to eat and sleep well would think of setting out on an auto trip without a fat little red book in his pocket. The book: the Guide Michelin, maker and breaker of restaurant reputations all over France and one of the smartest promotion stunts ever dreamed...
...cargo doors for the huge C97 transport. Now, with $70 million in defense orders on his books and 3,600 employees on the payroll, Ryan thinks he is finally flying smoothly again. The Navion has been temporarily shelved, and Ryan now produces components for every big U.S. airframe maker. He is pioneering in the new field of ceramic-coated parts for jet engines and is developing a complicated pilotless jet target plane...