Word: 151and
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...first 13 weeks of this year, R.K.O.'s consolidated net earnings were only $439,000 v. $643,000 last year. For a while there was only one picture in production151and a huge operation like R.K.O. needs much more than that to stay in the black. In fact, R.K.O. is scraping the bottom of the barrel again, and Mr. Odium, who got it out of receivership in 1939 was out looking for a $3,000,000 working-capital loan (which he will probably get from New York City's Manufacturers Trust Co.provided he guarantees...
...Howland Barnes is 69 now, and long since retired from the grain business in which he was once the biggest U.S. exporter. But last week he came back > into the news again with a plan for improving labor relations by giving first call on jobs to the neediest workmen151and paying them the union scale of $51 for a 60-hour shipyard weekeven if they had never before earned half that much. To prove his theory, he had made a place in his shipyards for 169 men who were almost down & out, and he was well pleased with...
Tobe's business, which he likes to describe as "the removal of electrical garbage" (noise suppressers to the layman) was never able to support drinking fountains in its old red-brick factory until war came along. Now it's terrific151and a prime example of how a little businessman with unbridled enthusiasm and pixie screwball-ishness can capitalize 14 years of struggle and adversity to make himself invaluable to the war effort...
Tobe talked himself into the radio business on a shoestring after the last war, made $68,000 in 1927 on condensers. But that year an engineer showed him how a filter would eliminate static151and since then Tobe hasn't been interested in anything else. "Everybody was making condensers, but nobody was suppressing noises. That was a real service151and I figure you have no right to be in business and make a profit unless you offer a service...
...What in hell is this thing we've got to put on our vehicles now?" "This thing" was Tobe's new "Filterette" and the "vehicles" were 18,000 Willys jeeps. Now, by Army specifications, all tactical vehicles, including tanks, must be equipped with his Filterettes151and Tobe Deutschmann expects his 1942 sales to hit $5,000,000, 50 times what he grossed...