Monday, Mar. 14, 1949

Facts & Figures

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."

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