Word: snubbers
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March 28." Foster's early potatoes brought a high price and he paid off a $1,800 debt that had been haunting his father for years. The Snubber. At 19, Foster opened up a small machine shop. A self-taught trombone player, he also gave lessons. Combining his musical and mechanical talents, he invented an auto horn that worked off the exhaust and tootled several musical notes. He called it the Gabriel Horn, founded the Gabriel Manufacturing Co., and made $150,000. Then he began to tinker with a shock absorber for autos...
...Invented by U. S. Inventor Claud H. Foster who named it for Gabriel's trumpet. He later devised an ingenious contraption using a spring in a box to take up an automobile's road bounce. He called it a snubber, called his company Gabriel Manufacturing Co., now Gabriel Co., maker of shock absorbers and other auto accessories. Founder Foster (now retired) long paid Ohio's biggest income tax, in one year...
...Professor Moley to take up U. S.-Russian recognition at the World Conference with moon-faced twinkly-eyed Soviet Foreign Commissar Maxim Maximovich Litvinov. In London last week correspondents noticed that Comrade Litvinov, once accustomed to being snubbed by Statesman Stimson at Geneva, now hobnobs in friendly fashion with Snubber Stimson's successor, Secretary of State Cordell Hull. In the lobbying skirmish fortnight ago to get Vice Chief U. S. Delegate Cox elected Chairman of the Conference Monetary Committee (TIME, June 26), Comrade Litvinov battled from the first for Mr. Cox, battled again for the tariff proposal made last...
Claude H. Foster of Cleveland, inventory promoter, manufacturer, called his new automobile horn in 1904 after the name of that golden trumpet by which the archangel will at some unknown date announce the dissolution of all things-Gabriel's horn. Gabriel Manufacturing Co. prospered, expanded, invented a snubber to tame the jouncings of springs on automobiles. Gabriel snubbers rivalled Gabriel's horn in fame. Since 1925 when Gabriel Manufacturing was listed on the New York Stock Exchange "Snubber" has been cried in stock brokers' customers' rooms, when the ticker recorded a transaction in Gabriel stock...
Last week, Gabriel directors shocked Gabriel stockholders by discontinuing the regular 87½% quarterly dividend. Six months ago, an alleged but obvious pool had taken "Snubber" stock in hand, had run it up from $40 to $60. Then it fell from $60 to $18, sometimes at a rate of $4 a day. A printed rumor had it that President George H. Rawls of Gabriel, had lost the shock absorber business of the General Motors Corp. President Rawls explained to stockholders that last year was one of the most successful periods in the company's history, but important research...
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