Word: winnebagos
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...slide is all the more galling to Winnebago people because they believe that it has been caused largely by stock-market confusion. President John V. Hanson, son of the founder, claims that investors have been worried by reports of disappointing shipments in the "mobile home" industry, and have got that mixed up with Winnebago's "motor home" business. The name is about the only similarity. Mobile homes, despite the term, are usually towed to one spot and left there to serve as a family's permanent dwelling. Motor homes, also called recreational vehicles and sometimes "fun machines...
Around the factories and Forest City, Iowa, offices of Winnebago Industries, a maker of vehicles for the growing army of U.S. campers, bulletin boards list hourly quotations on the company's stock for the benefit of the many officers and employees who are shareholders. Lately, the boards have been flashing a mystery story. Though the company's sales and profits are rising swiftly, the stock price fell from an adjusted June high of $48.25 to an August low of $32.13; last week it closed at $38.50. One result has been to diminish on paper the fortune of Winnebago...
When the elder Hanson took over the company, he foresaw that campers would want to be pampered and gradually switched the product line from spartan travel trailers and portable dwellings mounted on pickup trucks to more luxurious box-shaped, selfpropelled vehicles. Winnebago now crams its 13 models with such gadgets as eye-level ovens, built-in vacuum cleaners, showers, color TVs and sleeping quarters for as many as eight campers...
...beds. In the past, oversized campers mounted on pickup trucks have caused handling and braking problems. The department is expected to issue other safety standards in the next few years. Forcing recreational vehicle makers to add new safety equipment would increase production costs. That possibility, plus the fact that Winnebago is the industry's leader and is one of the few companies whose shares are traded publicly, seems to be another reason for the drop in its stock. Actually, though federal safety rules would hurt the smaller companies, Winnebago now claims to be ahead of prospective federal standards...
What the writer called "Indian lore" is actually Winnebago religion, many times older than this country. The eagle and its feathers are a significant part of that religion. Funmaker had a right to kill those two eagles...