Word: wichitas
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...years ago, there are now more than 30,000-and many of them fan out from Phoenix as far as 280 miles to find water. There was scarcely a man-sized boat in Kansas ten years ago; today caravans of autos tow runabouts and outboard cruisers 361 miles from Wichita to Oklahoma's Lake Texoma. The seven-state Tennessee Valley region accommodated fewer than 10,000 boats on 24 TVA-created lakes in 1947; last year the count ran to more than 45,000. Denver had five fulltime boat dealers two years ago; 49 are making a good living...
...vast concrete hangar at Wichita's Municipal Airport last week gathered city officials, businessmen and workers to pay homage to "the Henry Ford of the light aircraft industry." His name: Dwane L. (for Leon) Wallace, 47, president of Wichita's Cessna Aircraft Co. A skillful management pilot with a frame (6 ft. 2½ in., 160 Ibs.) as spare as a wing spar and a face as weatherbeaten as a crop-duster's, Dwane Wallace was celebrating his 25th year with Cessna. There was a great deal to celebrate...
This year, for the first time, Cessna is forging ahead of rival Beech Aircraft ("across the street" in Wichita) as the No. 1 maker of private planes. Cessna announced first-half earnings for fiscal 1959 of $3.92 a share v. $2.45 last year, declared a 25% hike in its quarterly cash dividend to 50?. The company's conservative projection of the year's earnings: $7 a share...
...operations in France, doubling its stockholdings in Standard-Hotchkiss, a French tractor maker, to 50%. But energetic Al Thornbrough still looks to the U.S. for the even bigger market that Massey-Ferguson must have before it can shuck all its troubles. He has purchased Mid-Western Industries of Wichita, Kans., a leader in the light industrial-equipment field, doubled the size of the Detroit tractor plant. Before long, he will announce a brand-new line of larger tractors designed especially for the U.S. market...
...football coach who wants $15,000 to start a wholesale and retail seed-cleaning business; Del and Betty Robinson, who need $10,000 to start a shop specializing in party planning and decorating; and Tony Oropesa, a restaurant operator who wants $15,000 to start a seafood restaurant in Wichita. Private Enterprise has $314,000 available for loans, may make Opportunity Knocks a national program if it is a success in Kansas. Graham hopes to see a program with no losers. Says he: "Somewhere in the TV audience there's going to be someone with capital even...