Word: siragusa
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...Some longtime Mafia observers believe that Giancana and Cain had a serious dispute. Others believe that a band of jewel thieves he had fallen in with decided that he could no longer be trusted. Why was he killed? Said one Chicago police investigator: "He knew too much." Added Charles Siragusa, executive director of the Illinois Legislative Investigating Commission: "He may have committed the unpardonable sin-talking to both sides...
Admiral Corp., one of the country's leading makers of television sets, is withdrawing its advertising from TV. "We have been disappointed in the lackluster quality of the shows," said Chairman Ross D. Siragusa Sr. last week to a Las Vegas gathering of distributors. What also irks Siragusa, whose company has been spending nearly half of its $20 million annual advertising budget on TV time, is the deluge of commercials that are slithered in between programs by local stations. Admiral's answer: at least temporarily, the company will invest a proportionately larger amount of its budget in newspaper...
...Japanese fears, few big U.S. manufacturers took up the cudgels against them. Ross Siragusa, president of Admiral Corp.-which imports no components from Japan, but competes with firms that do-called for a U.S. boycott of Japanese products "as a counter-demonstration to the cancellation of the Japanese government's invitation to President Eisenhower." He pointed out that Japan sold more than 5,000,000 transistor radios in the U.S. in 1959, charged that jobs have been lost as a result of Japanese imports. Recently, the Japanese government announced plans to limit the export of transistors...
COLOR TV SETS will soon be put on sale by Admiral Corp., because President Ross D. Siragusa believes there is finally a good market for color. Other TV makers, except color pioneer RCA, are still skeptical, do not seem likely to join in production. Admiral hopes to overcome consumer color-TV resistance by offering one-year guarantee on all parts, v. usual 90-day warranty...
...Corp.'s President Robert S. Ingersoll announced a 45% hike in earnings, noted that Borg-Warner has "a very substantial portion" of the parts orders for the Ford and General Motors small cars. Admiral Corp., reported a profit on a sales rise of 15%. Said President Ross D. Siragusa: "All the bad things are behind...