Word: millions
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Dates: during 1940-1949
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...Pont finally found its long-sought competitors in Olin Industries, Inc., one of the biggest U.S. makers of cartridges, military small arms, and sporting rifles. Du Pont will sell Olin licenses on all Cellophane patents. Du Pont will also design and build a plant with a capacity of 33 million pounds of Cellophane a year on a fixed fee basis, and then help train Olin's personnel to get the operation started...
Power Hitter. The tight-lipped brothers are masters of a tightly run empire with an estimated net worth in excess of $65 million. Its citadel is the sprawling Western Cartridge Co. at East Alton, Ill., on the Mississippi bluffs just north of St. Louis. This huge plant grew out of a blasting-powder business which their father, Franklin, founded...
With peace, the Olins branched out into such products as rollerskates, flashlights and skeet traps. The newest product: a tiny battery not much bigger than a penny, for. miniature radios and hearing aids. Brother John figures that the new Cellophane plant will add some $15 million a year to Olin Industries' gross. Said he, with feeling: "We look forward with real enthusiasm to Cellophane...
...city, hoarding housewives, having heard rumors of $1 a Ib. coffee, were hastily grabbing all they could get. Under such scare buying, coffee prices shot up as much as 25? a Ib. Last week the National Coffee Association estimated that hoarding consumers have already bought at least 132 million pounds more than they need...
...lost time. Though it was one of the last major U.S. railroads to dieselize, it was finally retiring steam locomotives at a fast clip and stepping up its purchase of diesel-electric equipment. Last week it took its biggest step yet: it ordered 226 locomotives, costing some $38 million, from six manufacturers.* The new order will give Pennsy the largest number of diesel locomotives (820) of any U.S. railroad...