Business & Finance: Shock Absorber

Claude H. Foster of Cleveland, inventory promoter, manufacturer, called his new automobile horn in 1904 after the name of that golden trumpet by which the archangel will at some unknown date announce the dissolution of all things—Gabriel's horn. Gabriel Manufacturing Co. prospered, expanded, invented a snubber to tame the jouncings of springs on automobiles. Gabriel snubbers rivalled Gabriel's horn in fame. Since 1925 when Gabriel Manufacturing was listed on the New York Stock Exchange "Snubber" has been cried in stock brokers' customers' rooms, when the ticker recorded a transaction in Gabriel stock.*

Last week, Gabriel directors shocked Gabriel stockholders by discontinuing the...

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