Word: studed
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...challenge to Ford. But Mr. Erskine was a year too early. He made the awful mistake of expanding in a dying market." Studebaker fell $21 million in debt, went into bankruptcy. President Erskine put a bullet through his heart, and Hoffman, Vance and Ashton Bean, head of Stude-baker-controlled White Motor Co., were made receivers of the company...
...been to build up a big enough supply of weapons to tide the U.S. over the first year of an all-out war. How big should that supply be? In Washington last week, the Office of Defense Mobilization's eight-man Advisory Committee on Production Equipment, headed by Stude-baker's Chairman & President Harold S. Vance, gave a startling answer: nobody seems to have the faintest idea. Furthermore, the military apparently has not taken into consideration the fact that some items could be brought into full production in a few months, while others might require a year...
...government prior to getting his indoctrination in Tucson, Arizona. He joined Company D. (then E) after two months at Tucson. Probably most people around here think of South Bend as the home of Notre Dame, but South Benders insist that there also are a couple of places called the Stude-baker and Bendix corporations deserving of mention...
...cars and trucks but net income dropped from $67,052,000 to $64,663,000. Reason: Taxes and contingencies totaled $75,152,000 v. $18,303,000 in the first quarter of 1940. In all of 1929, G.M. paid only $28,120,908 in income taxes. Stude-baker's first-quarter deliveries rose one-third to a record of 30,298 cars and trucks while net profits dropped from $512,000 to $180,000. But some automakers bucked the trend. Nash-Kelvinator-which pioneered low refrigerator prices in 1939, followed through with a low-priced auto...
...increase was indicated. North Dakota bakers set the minimum price for a "standard" loaf of bread at 12?, a 1? rise. In Rome and Syracuse, N. Y. a 1-lb. loaf of bread rose 1?. "You can't have your cake and eat it," observed President Henry Stude of the American Bakers Association, denying the 3? bread price upping in Iowa which horrified Secretary Wallace week before (TIME. July...