Word: philco
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...huge expenditures of the past four years has gone into capital improvements. The area under irrigation has doubled, the soil planted to vegetables tripled, the number of tractors on farms increased sixfold, a merchant marine of 34 ships of 120,000 tons created from nothing. Factories like Philco refrigerator and Kaiser-Frazer have sprung...
...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 group, General Electric (which sold the units for the Dallas housing group), Chrysler Corp...
...makers of microwave equipment, e.g., R.C.A., I.T. & T., Philco, Motorola, General Electric, Western Electric, did an estimated $150 million of industrial and military business last year and expect to do even better in 1952. But they think that they have barely scratched the surface. R.C.A. alone has orders for microwave systems from the Arkansas Fish & Game Commission (to catch poachers fast), the Atomic Energy Commission (for remote-control experiments) and the Pennsylvania Turnpike Commission (for quick reporting of accidents, traffic jams and other road conditions...
...United Air Lines had its best first-quarter profit in its 25-year history. First-quarter earnings were $1,371,834, compared to a $1,993,681 loss last year. ¶ Philco Corp.'s sales were a record $113,-524,000, but profits inched up only some 6% to $4,354,000 in the first quarter...
...Philco TV Playhouse (Sun. 9 p.m., NBC). A Secret Island, with Mildred Natwick...