Word: motors
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Dates: during 1940-1949
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...meat and are working at full capacity. They've created enormous organizations to procure the horses, most of which come from western states where there are still big herds of half-wild horses. Once the owners got good prices for these horses, but since the coming of the motor car, horses have not been worth so much. Farmers now make good money on this horse meat by sending it to Europe . . . Unemployed cowboys hunt the horses, shoot them, and make big money too. In this way the Government angles for the cowboys' and farmers' presidential vote...
Last week the Ford Motor Co. added its new St. Louis plant to the river's customers, began shipping new cars to New Orleans and Houston by barge. The first load of 1,200 Fords and Mercurys was picked up at St. Louis by the Commercial Clipper and Commercial Express, two of the latest additions to the Mississippi's growing fleet. Just completed by the St. Louis Shipbuilding & Steel Co. for $500,-ooo each, for the Commercial Barge Lines, these two diesel-powered, screw-driven tows typify the modern fleet that has replaced the oldtime packets...
Collateral. Packard Motor Car Co., which split its stock 5-for-1 in 1929 when it sold above 160, was ready to reverse the procedure. President George T. Christopher announced that he would ask stockholders to turn in their stock, on a basis of either i share for 5, or i for 3. It would make Packard, now selling below 5, more respectable and more acceptable as collateral...
...motor trip across Canada is an endurance test. Only 1,945 out of 4,300-odd miles are hard-surfaced. In winter snow blocks the Rockies' passes, shuts off even the most adventuresome motorists. Not until 1943, when the last link was finished in Ontario, was there even a makeshift road across the Dominion. Even then, it was three years before any motorist made the trip from sea to sea-twelve days of bumps, jolts and dust...
...Ford Motor Co. last week posted its second round of price rises in less than two months. Blaming increased costs and "material shortages which cause production interruptions," it added $75-about 5%-to the price of Fords.* Lincolns and Mercurys were boosted proportionately, and other manufacturers were sure to follow suit-Nash, for instance, when their new models come out this fall...