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Sterling's agreements with I. G. Farben date back to the early '20s, after its predecessor had bought the Bayer patents (which belonged to a Farben predecessor) from the U.S. Alien Property Custodian, but failed in a legal fight to extend them to Latin America. The agreement let Sterling make Farben products and sell them in Latin America, but only on commission (25%). Sterling processed these drugs (usually from German raw materials), had $10,000,000 worth of plant in Latin America, but the drugs bore Farben's names. The agreements, until last week, still...
...retail sales, other business growth. Newspaper revenue (advertising and circulation), which was .9% of the national income in 1919 and mounted to 1.49% in 1933, is now down to 1.11% (but it is still around $900,000,000, better than in any except the best years of the '20s...
Tommy Milfon, champion racing driver of the early '20s, crashed with another car at a Detroit street crossing; one woman was killed. ∙ ∙ Driving in San Diego, Al Schacht, longtime "Clown Prince" of baseball, collided with a motorcycle. The cyclist and passenger were fatally injured. ∙ ∙ Banjo King Eddie Peabody, submarine veteran of World War I, is now a lieutenant commander in the Navy, running entertainments at the Great Lakes Naval Training Station. ∙ ∙ Oldtime Heavyweight Champion James J. Jeffries is playing himself in a movie now in the works in Hollywood. Other members...
Alvin ("Shipwreck") Kelly, 51, No. 1 flagpole-sitter of the trivial '20s, has been spending his Sundays in a Connecticut jail for drunken driving. The arrangement keeps him from losing his steeplejack jobs. Of Brenda Frazier's ex-footballer "Shipwreck" Kelly, Alvin says: "I guess there's plenty of room for two of us as long as he don't go climbin' any poles." ∙ ∙ Racing Driver Kelly Carl Petillo, winner of the Indianapolis speedways in 1935, was charged with "suspicion of assault with a deadly weapon" on a Los Angeles cop. Petillo...
...about two-thirds of its business. But its straight-sweeping main line from Buffalo to Kansas City avoids the congestion at Chicago and St. Louis. The Wabash was therefore one of the biggest chips in the great consolidation poker game played by the Eastern trunk lines in the '20s...