Word: makers
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Dates: during 1950-1959
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Pretty Picture. To nobody's great surprise, the television set makers made one of the prettiest profit pictures. Radio Corp. of America, the biggest U.S. set maker, netted $12.4 million (v. $3.9 million in 1949), and its nine-month total of $33.3 million exceeded any full year in the company's history. Ross Siragusa's mushrooming Admiral Corp. more than tripled its net to $5.2 million for the quarter...
...manager of its Allegheny plant. Then one day in 1911 a man named Nash from Flint, Mich, offered him the job of running the Buick plant. It meant less money, but Chrysler had never got automobiles out of his mind; he accepted. He scrapped Buick's leisurely, carriage-maker methods, soon jacked production from 45 to 200 cars a day. The money took care of itself; within five years, Buick was paying him half a million a year...
Died. Mrs. Frederick Ambrose Clark, seventyish, stable owner (Algasir, Tea-Maker), wife of the wealthy dean of New York State's horsy set, aunt of the polo-playing Bostwick brothers; of a heart attack; in Manhattan...
...Haldy will have one slight interruption. Last week, the St. Louis section of the American Chemical Society announced the winner of its annual Midwest Award for achievement. Usually the gold medal goes to distinguished research scholars. This year it will go to Monmouth's William Haldeman, teacher and maker of chemists...
Other industries were equally jittery last week. Charles A. Cannon, president of the huge Cannon Mills, biggest U.S. towel-maker, called for voluntary price ceilings on cotton goods. This year's short cotton crop (an estimated 38% below 1949) has boosted raw cotton futures to 40.25? a Ib., highest in 30 years. Cannon feared that if cotton cloth prices followed suit, consumers would demand Government controls...