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...Plymouth was withdrawing from the four-cylinder field, would come out as a six to sell below the present $700 base price of the four. "The best evidence of confidence we can give" was the way he referred to the $10,000,000 which Chrysler Corp. has spent on raw materials for the new Plymouth and the $9,000,000 spent on engineering, designing, retooling. Plymouth's change leaves Ford the only four-cylinder U. S. car except the small Austin. But Detroit thinks that the new car soon to be announced by Continental Motors Corp., which also makes...

Author: /time Magazine | Title: Business: Out Steps Plymouth | 10/24/1932 | See Source »

...Pisculli's medical kit were a hypodermic needle, a stethoscope, smelling salts, lamb's wool and almond oil to stuff in their ears to prevent deafness. In the larder were three roast chickens, a dozen raw eggs, tomatoes, oranges, chocolate bars, tea tablets, honey to sweeten the tea, chewing gum and special aviation biscuits invented by Dr. Pisculli. If the plane were forced down at sea, the party had a three-pound still to distill salt water...

Author: /time Magazine | Title: Aeronautics: Jumping Nurse | 9/26/1932 | See Source »

Under Studebaker, White will be run as a separate unit, just as are Fierce-Arrow and Rockne. Economies will be made by joint purchases of raw materials, by White's use of the big Studebaker sales organization. Studebaker's truck business, hitherto small, will probably be combined with White's. It is thought that the chief White executives will be retained. First among these is Ashton G. Bean who succeeded Mr. Woodruff as president two years ago. He is a forceful, hard-headed executive who has made automobile accessories, automatic telephones, phonograph motors and is still president of Bishop & Babcock...

Author: /time Magazine | Title: Business: White to Studebaker | 9/26/1932 | See Source »

...crepe in stock. So great and so urgent was the demand that silk men last week were vainly trying to buy from each other to satisfy orders. A good part of the silk & rayon industry's 125.000 operatives had already trooped back to re-opened mills. Consumption of raw silk last month jumped to 60,000 bales-up 29% from last year and the highest monthly taking in nearly two years. Japanese farmers clop-clopped about their sericulture more cheerfully, for the sudden demand had shot raw silk prices 82% above the June low of $1.10 a pound...

Author: /time Magazine | Title: Business: Silk | 9/12/1932 | See Source »

...Chairman James Henry Rand Jr. of Remington Rand, Inc. (office equipment) informed Secretary of Commerce Chapin in an open letter that he had instructed his purchasing department to buy immediately $4,500,000 of raw materials for use over the balance of the year. Wherever possible Remington Rand will place contracts for next year's consumption "based upon an anticipated business increase...

Author: /time Magazine | Title: Business: 10??? Cotton | 9/5/1932 | See Source »

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