Word: week
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Dates: during 1950-1959
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Demand for the new models is strong. One big factor is the powerful sales appeal of the compact cars, which account for 25% of total 1960 models produced so far. The orders are pouring in so fast that Ford last week made plans to shift over its Metuchen (N.J.) Mercury plant to produce Ford's Falcon and the new Comet, scheduled to make its appearance next spring. Ford will not cut back on Mercury -other Mercury plants will take up the slack. It just needs a third production facility to turn out all the compacts the U.S. public apparently...
...Judah Holstein, 32, of Los Angeles, last week faced the harrowing test that comes to almost every young working wife: her first big dinner party. A top Hollywood secretary (to Producer Stanley Kramer), Selma Holstein had to grapple with phones, mountains of paper, and hubbubing actors and directors all day, rush off at 6 p.m. to prepare a dinner for 14. To complicate matters, she had to go through her paces at her sister's house because her own apartment has no dining room, only a small kitchenette...
Cooked-ln Religion. The revolution toward convenience wins a new battle-and explodes into new products-almost every week. General Foods' Mortimer chafes at the fact that there are just so many vegetables, so he has put his company to work creating "new" vegetables. General Foods separately purees two vegetables (e.g., carrots and peas), joins them together in frozen sticks called Rolletes, which are now being test-marketed. It is working on the first frozen mixed-green salad, is test-marketing a new line of baby foods, which are partially dehydrated, then frozen; the baby foods come...
...Last week there was no further word of air-car production or of orders. But Chairman Hurley had another innovation to announce. Calling in the press, he displayed (but did not demonstrate) a radical new internal combustion engine billed as the greatest advance since the diesel. It has no pistons or valves, only two moving parts; there is a carburetor to mix air and gasoline, a single spark plug, a rotor that drives the crankshaft. Beyond that. Hurley refused details. CW, he said, had developed the engine in conjunction with West Germany's NSU Werke, makers of autos...
...week's end the stock had firmed a bit, was back to 36½. But both the New York Stock Exchange and the Securities and Exchange Commission had some questions to ask Curtiss-Wright and its managers. The exchange began investigating to see if Chairman Hurley or any other officer had bought or sold C-W stock recently. SEC Regional Administrator Paul Windels Jr. questioned Hurley about the price movements of the stock. Said Windels: "We are investigating to see if this sequence of corporation actions was done deliberately to have an effect on the market...