Facts & Figures, Mar. 14, 1949
Antitrust. Monopolists were having a rough time. In a Cleveland federal court, Timken Roller Bearing Co. was convicted of conspiring with its British and French affiliates to fix world prices of roller bearings and restrict competition. In Manhattan, E.I. du Pont de Nemours & Co., National Lead Co. and three individuals were fined a total of $43,000 (the maximum) for operating a worldwide cartel in titanium pigments. The companies were already under court order to license titanium production at a reasonable royalty.
Boats. Manhattan's Bilnor Corp. put on the market a new collapsible Vinylite boat, small enough, when not inflated, to be carried in an overnight bag. Blown up, the boat will carry up to an adult and five children (see cut), can be paddled like a canoe. Prices: $10 (56 in. long) and $25 (72 in.).
Bouquets. At a Greater New York Fund-raising luncheon, New York's C.I.O. Boss Louis Hollander freely expressed his opinion of John D. Rockefeller III. Said Hollander: John D. and his four brothers (TIME, Jan. 31) were perfect models of a rich man's sons. They saw their responsibility as "custodians" of their great wealth rather than owners of it, and were spending it on socially useful projects instead of nightclubs and "riotous living."
Most Popular »
- Prehistoric Super-Crocodiles May Have Dined on Dinosaurs
- The Growing Backlash Against Overparenting
- Amid Concern About India's Lost Clout, Singh Goes to Washington
- Woman Loses Benefits over Facebook Photo
- Toilets
- The Fall of Greg Craig, Obama's Top Lawyer
- Why Exercise Won't Make You Thin
- Can the A380 Bring the Party Back to the Skies?
- Man in Coma Heard Everything for 23 Years
- The Political Fallout of Egypt's Soccer War
- The Growing Backlash Against Overparenting
- Will Private Equity Be the Next Meltdown?
- Prehistoric Super-Crocodiles May Have Dined on Dinosaurs
- The Fall of Greg Craig, Obama's Top Lawyer
- How One Army Town Copes With Post- Traumatic Stress
- Troubling Rise of Facebook's Top Game Company
- Why Exercise Won't Make You Thin
- Man in Coma Heard Everything for 23 Years
- Beijing: 10 Things to Do in 24 Hours
- Female Sexual Dysfunction: Myth or Malady?







RSS