Word: packards
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Although only Packard had announced its prices at last week's end, price cuts below 1938's levels were likely to be made in other lines. Last spring, when the steel industry was bogged down in a soggy market (TIME, May 8), it pulled its production rate out of the bog by making concessions to hard-boiled motormakers' buyers: an average of about $6 a ton below published price lists. The steel industry, more worried about production than prices at the time, also guaranteed its concessions to the end of this year. By piling...
...preacher, who as National A. A. U. hop-skip-jump champion (in 1924 and 1925) was known as "The Leaping Parson from Leeds" (Kansas). This explained to observers Mr. Martin's nonchalance of the week before, when his wealthiest, strongest U. A. W.A. F. of L. local (Packard) moved 10,000 members and its treasury over...
...chain of stores and therefore fair game for the State's chain-store tax. Right then U. S. motormakers began to anticipate trouble. Last week to General Motors, Colorado sent a bill for $234,655; to Ford went one for $102,470; to Chrysler, Hudson, Studebaker, Nash and Packard went others totaling $193,995. Grand total: $531,120, billed to the seven motormakers for four years' chain-store license fees ($2.50 to $300.50 a store). Grounds: their licensing and supervision of dealers made them members of a chain...
Selection of Ivy Orator for 1989 will take place at 3:20 this afternoon in Bolden Chapel. Professor Packard will preside, while members of the Class Day Committee will choose the winner from the three contestants who survived a preliminary competition held earlier this spring...
Cold-eyed, aggressive Max Gilman joined Packard in 1918 as a truck salesman, was sales manager and vice president of Packard's New York company when he was brought to Detroit in 1932 to serve as Mr. Macauley's right hand in Packard's successful invasion of the medium-price field. Motorman Gilman once crusaded against the bad manners of Manhattan taxi drivers by cruising about the streets in an old touring car and forcing offenders into elevated-railway pillars. His big accomplishment to date: raising the pressure of Packard's gentlemanly dealer organization-which last...