Word: tryingly
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Thus, with parables perverted, did William Bushnell Stout, designer and builder of Ford tri-motor planes, last week in Aviation magazine castigate the airplane industry for its lack of ingenuity and inventiveness. In the same tenor in the same magazine two years ago Designer Stout, long a gadfly of the industry, observed that no plane had been produced as efficient per horsepower as the original Wright kite-like biplane. Illustrating with cartoons from his own drawing board (see cut), he queried: ''What would you think if the designer of a ship put the propeller in front to blow...
Among other big air transport operators the name of smart Errett Lobban Cord has been anything but hallowed. He established Century and Century Pacific Lines parallel to "pioneer" services. Equipping his lines with his own cheaply operated Stinson tri-motors, he forced fares down. In his efforts to get airmail contracts he persuaded many a Congressman that the Government pays too much money to have its mail flown. In no quarter was he less popular than with American Airways (operating subsidiary of Aviation Corp.) which went before the Arizona Corporation Commission to thwart his competition in the Southwest (TIME, March...
According to Avco, the company is paying Mr. Cord no cash and "less than 140,000 shares of stock" ($2¾ per share last week). Avco receives about 30 Stinson planes (all tri-motors except three or four) which have been flying between St. Louis, Chicago, Detroit, Toledo and Cleveland; between El Paso and Los Angeles; and between Sacramento, San Francisco, Los Angeles and San Diego. Also it receives Century's new hangar and shop at Chicago Municipal Airport, valued...
...itch for gay trappings threatens to take more starting form. Blazers are just over the horizon: and once these receive the blessing. Joseph's coat of many colors will indeed become fruitful and infinitely multiply. Heraldie rabbita will cavort on Levereff pajamas; tennis shoes will be tricked out in tri-color; and at length an Eliot man will wear from tip to too the azure and red that proclaim him every inch an elephant...
...Corp. common stock ($108 to $224 in two months). One day last week Goldman Sachs made another spectacular jump but this time only from $1.88 to $3.63. As soon as Goldman Sachs started jumping last week Wall Streeters guessed at what was coming. Last spring it became known that Tri-Continental Corp. was angling for a large interest in Goldman Sachs. When Tri-Continental ceased angling, it was rumored that Atlas Utilities Corp. was working out a deal...