Transfusion for K-F?

At Willow Run last week, Kaiser-Frazer Corp. laid off 5,000 workers and stopped production for six days for "inventory adjustment." While the shutdown gave K-F dealers, whose sales had been lagging, a chance to cut down the supply of cars' on hand, it also gave Wall Streeters a scare. K-F stock, which had tumbled from 15 5/8 to 3 3/8 in 21 months, dropped another s of a point to a 1949 closing low.

But two days later the stock bounced up again to 4 3/8. At week's end RFC let out some news which might explain the rise. K-F had been dickering for a $30 million . loan since May, and if "all requirements are met" the RFC might be disposed to grant it. Detroit buzzed with rumors that Kaiser would use such a loan to retool for his long-promised, light low-priced car to compete with Chevrolet Ford and Plymouth.

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