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Admiral Corporation - 1960's dated Stock Certificate - American Appliance Brand

Inv# GS1004   Stock
Country: Canada
State(s): Delaware
New York
Years: 1960's
Color: Green or Orange

General Stock. Interesting vignette of male and female figures overlooking concert & operating a radio. Nice!!! Available in Green or Orange. Please specify color.

Admiral is an American appliance brand that is currently marketed by Whirlpool Corporation and sold exclusively at The Home Depot. In 1934, Ross Siragusa founded Continental Radio and Television Corporation (CRTC), which produced consumer electronics such as radios and phonographs in Chicago, Illinois and was eventually renamed to Admiral Corp. With annual sales totaling $2 million, Admiral's products ranged from electronic equipment used by the U.S. military in World War II to consumer televisions. In 1950, Admiral was selling: a line of seven TV sets, with four models having a 12.5 in (32 cm) tube size, at prices between $179.95 and $379.95 (equivalent to $2,189 to $4,865 today); a 16 in (41 cm) model retailing at $299.95 ($3,187); and two 19 in (48 cm) models (priced at $495 and $695, equivalent to $6,021 and $8,453). During this era, their success in television sales allowed them to diversify into other major appliances, including refrigerators.

During World War II, Admiral was the weekly sponsor of the CBS Radio Network Sunday news program, with it and World News Today utilising the promotional slogan "America's Smart Set." Admiral was also one of the first major advertisers on television, sponsoring Sid Caesar’s Admiral Broadway Revue, Lights Out, Fulton J. Sheen's Life Is Worth Living, Admiral Presents the Five Star Review - Welcome Aboard and Notre Dame football games. Annual sales hit $300 million and the company employed approximately 8,500 people within the early 1960s. During the Cold War, Admiral additionally manufactured military TV cameras for reconnaissance purposes under adverse conditions, on land, in the air and underwater.

In 1962, Admiral Corporation listed four manufacturing plants in Illinois, identified as subsidiaries of Admiral International Corp. of which Norman E. Johnson was named President; the corporation collectively employed approximately 5,730 Illinois employees in 1962. The Chicago headquarters was located at 3800 West Cortland Street, with Ross D. Siragusa identified as Chairman and President, Cy S. Rossate as Vice President in charge of production and William L. Dunn as Vice President of Engineering. The factory started a workforce of 2,100 employees and produced television sets & combinations, radios, record changers, refrigerators, ranges, freezers, air conditioners, dehumidifiers, and stereophonic phonographs. A second Chicago facility was located at 4150 North Knox Avenue with a workforce of 230 employees that manufactured record changers, power supplies, and metal stampings. In Galesburg, Illinois, the Midwest Manufacturing Corporation was listed as a subsidiary of Admiral Corp. with George Heidenblut as Vice President of Engineering and a labour force of 1,400 employees that made refrigerators, freezers, air conditioners, dehumidifiers, and ranges. The Harvard, Illinois plant located on South Division Street listed Ernest Polichio as plant manager and its 2,000 employees made television sets. Read more at https://en.wikipedia.org/wiki/Admiral_(electrical_appliances)

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Condition: Excellent

A stock certificate is issued by businesses, usually companies. A stock is part of the permanent finance of a business. Normally, they are never repaid, and the investor can recover his/her money only by selling to another investor. Most stocks, or also called shares, earn dividends, at the business's discretion, depending on how well it has traded. A stockholder or shareholder is a part-owner of the business that issued the stock certificates.

Item ordered may not be exact piece shown. All original and authentic.
Price: $15.00