Word: willful
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Dates: during 1950-1959
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Mitchell lifted the lid off a black hatbox, revealed a yellow cake shaped like a fedora, with a dark chocolate hatband and the initials J.P.M. in white. Said he: "The first piece I'm going to cut I will send to R. Conrad Cooper, who is the management negotiator...
FORD-CHEVY RACE will be won by Ford in calendar 1959. Chevy is now shade ahead, but Ford will outsell its traditional rival because of steel strike. Since Ford makes 40% to 50% of its own steel, company can produce 20,000 cars a week until end of the year...
GERMAN AUTO TYCOON Friedrich Flick will add the nearly bankrupt Bavarian Motor Works, West Germany's seventh largest automaker, to his Daimler-Benz empire, already the Continent's biggest carmaker. Taking over B.M.W., Flick will get two fast-selling small cars, the midget Isetta and the new B.M.W...
AUTO-INSURANCE DISCOUNTS of 15% will be given by Nationwide Mutual Insurance Co. on compact cars, topping the 10% discount offered by Allstate. Autos eligible are 1955 and later models priced under $2,300 which do not exceed 3,000 Ibs., 200 in. in length, or 125 h.p.
The Key. At week's end, Alleghany Chairman Kirby was trying to make up his mind whether to fight to keep control or not. He owns 524,000 shares of Alleghany common, about 10%, also holds 148,000 shares of 6% convertible preferred and warrants for another 226,440...