Word: trailerful
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Dates: during 1950-1959
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Meredith's newest idea is mortgages on automobile house trailers. Though many bankers consider trailer owners poor risks, Meredith argues, "Most of them are pretty solid-a lot are retired people who want to travel a little, and a lot are skilled and highly paid workers who have to go from one job to another.'' In 27 months National Life has lent $15 million at 5% and 6%. Total loss to date: $75. Says Meredith: "You have to keep up with modern developments...
Assignments came easier then. In 1953 Sadovy won a Vogue contest for fashion photographers (though he had never taken a fashion picture before). He married an English girl, became a British subject. Last year the Sadovys moved to Paris, set up living quarters in a trailer. When LIFE needed an extra hand in Budapest, Sadovy's knowledge of Czech, Polish and German, plus his excellent shots of Moroccan fighting a year ago, gave him the assignment. The troublesome part of the job in Budapest, he found, was that "the tears kept running down my face...
...million empire and attempted to gain control of giant Montgomery Ward, sounded a general retreat last week. He is getting out of Montgomery Ward and selling all his 59,000 shares (at an expected profit of about $750,000). Furthermore, he is thinking of selling the Highway Trailer Co., the Marion Power Shovel Co. and its subsidiary, the Osgood Co., all controlled by Merritt-Chapman & Scott, which Wolfson runs as chairman, president and chief stockholder (more than 157,000 out of 5,374,360 shares...
...story of these three winds forward from the brute's purchase of the heroine from her mother for a few thousand lire. With his frightened purchase he takes to the road on a tumble-down trailer built onto a motorcycle, and is soon teaching the girl a few simple tricks--blowing a horn or dancing a few steps--with which to decorate his act. Despite frequent cuffs and constant glowering from her master, the half-wit begins to enjoy her simple performances at rural festivals...
ANTIMONOPOLY COMPLAINT against Fruehauf Trailer Co., largest producer of truck trailers, was filed by Federal Trade Commission. FTC charged Fruehauf, which has increased revenues by 200% since 1949, had swallowed competitors illegally, was getting strangle hold on industry by offering special financing deals...