Word: seconds
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Dates: during 1940-1949
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...million only a month ago, the RFC last week opened its cash drawer and plunked out another $10 million to its great & good friend. The earlier loan was to help Kaiser-Frazer bring out a low-priced car by next spring to compete with Ford, Chevrolet and Plymouth. The second loan was to permit K-F to finance its dealers' purchases of cars from the factory, because K-F dealers had trouble getting loans from private banks. All told, RFC has loaned K-F almost as much as the company raised in stock sales...
General Electric Co.'s net of $21,060,037 was off about 28%. But second-place Westinghouse had turned in $20.5 million, a 109% gain that pushed it nearly abreast of its giant rival. Westinghouse's President Gwilym Price gratefully added 40? to the usual 25? quarterly dividend and Westinghouse stock joined the big group* of those who boosted dividends and made new highs on the big board...
...second time since he left the White House in 1933, Herbert Hoover last week took on a private business job.* He became a member of the new board of directors of Conrad Hilton's newly purchased Waldorf-Astoria Hotel (TIME, Oct. 17). Hoover, who will receive $30 per board meeting, had an added reason to take the Waldorf job. He lives there...
Born. To Clifford Stanton Heinz II, 30, an heir to the Pittsburgh food-packing fortune founded by his grandfather, the late H. J. ("57 Varieties") Heinz, and Second Wife Virginia Howard Heinz, thirtyish: their second child, first daughter (he has a son by his first marriage); in Los Angeles. Name: Sharon Louise. Weight...
Deanna testified against her second husband, 47-year-old Felix Jackson, who helped to write some of her early hits (Mad About Music, Three Smart Girls Grow Up), and produced her most recent flops (I'll Be Yours, Because of Him). She told the judge that a year after their marriage in 1945 (his fourth), Jackson "started a series of unhappy moods and a certain restlessness." She added: "About six months after that, he told me he was unhappy being a married man and preferred being single ... He left me, went to New York City, hasn't been...