This Day in History: 1951-08-19
Sales of Brake Shoe products for the first half of 1951 were the highest in the nearly 50 years the company had been operating, according to a report issued to stock holders by William B. Given Jr., the Chairman of the company. Net earnings were $3.7 million compared to $2.5 million for a comparable period in 1950. Shipments rose from $46.5 to $77.6 during the same period. As of June 30th unfilled orders stood at $60 million. (Bristow)