Word: corps
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Dates: during 1930-1939
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...meet for 50? lunches at the Brevoort Hotel on Tuesdays, listen to speeches on "How I Came to Jesus," enjoy a half-hour of "Christian fellowship." Most of the Fellows are white-collar workers, with a scattering of executives like Board Chairman James Lewis Kraft of Kraft-Phenix Cheese Corp., Vice President Frank Flagg Taylor of Continental Illinois Bank. Still spark plug of the club is Cartoonist Shoemaker, who contributes drawings to the club paper, lately packed a Tuesday meeting by demonstrating the "Shoescope," a $1,500 contraption which projects his cartoons, as he draws them, upon a screen...
...order to stock dealers. Overproduction of 200,000 cars would average less than five cars apiece for each of U. S.'s 41,698 dealers. Beginning of autumn, production ran at full blast. Last week it assembled 117,805 cars (against 102,905 last year). But Chrysler Corp., after its 54-day strike, has still to fill accumulated orders and stock its dealers. This may help sustain auto assemblies, regardless of January-April retail auto sales-and auto assemblies count 5.4% in the Federal Reserve production index...
...firm's reorganizers (most of whom were bankers who had financed Fisk) for sacrificing the bondholders to suit their own fiscal interests. The old company was sold for $3,030,000 to a new corporation which wrote it up to $13,000,000, but new Fisk Rubber Corp. was clean in one respect: it had no bonded debt. And it prospered...
Last week President Donald Lamont Brown of United Aircraft Corp., which owns Pratt & Whitney, could have been expected to pinch himself as he looked over the production report of his engine division. Sawing away at a backlog of something like $100,000,000 (United's total backlog: above $115,000,000), Pratt & Whitney has hit the high point of its production history, above 350* engines a month, more than double its average for 1938. This production will be doubled when the new plant reaches its capacity next spring...
...Paterson, N. J., at the works of the other big aircraft engine builder, Wright Aeronautical Corp., another plant extension is springing up under the watering of another French grant. Wright's expansion is financed by a French order said to be $30,000,000, will nearly double its capacity of about 400* Cyclones a month. Meanwhile, in Indianapolis, General Motors' new Allison plant is getting into production on its high-powered, liquid-cooled engines to go into new Army pursuit ships. By the middle of the summer the production of the three plants in military engines may well...