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...manufacturing industries. Last year the average packer's profit on every $1 of sales was 0.85?, compared to food chains' profits of 0.99?. While this was more than double the profit of 1954, it was still well under the 1.6? made by the big four packers (Swift, Armour, Wilson, Cudahy) in their best year, 1947, when farmers also cashed in. For example, Swift & Co.. biggest U.S. packer, netted $23 million last year, compared to $19 million in 1954 and $34 million...

Author: /time Magazine | Title: AGRICULTURE: Meat Spread | 2/27/1956 | See Source »

...were all up from 10% to 29%. But California's huge Bank of America, the world's biggest private bank, had the biggest profit of all. It went into 1956 with resources of $9.7 billion, earnings of $66 million, both at all-time peaks. Another record-breaker: Armour & Co., after a slump in 1954, pushed to a $10.1 million profit in 1955 for a 549% gain...

Author: /time Magazine | Title: STATE OF BUSINESS: Onward | 1/16/1956 | See Source »

...Tire, Union Oil, etc.), who put up $618,000 for 25,000 shares of American Airlines alone to support the market during the cardiac break, at one point was $163,000 in the hole. ¶John Coleman, 53, head of Adler, Coleman & Co. (53 stock issues, including American Tobacco, Armour, Motorola). ¶Benjamin Einhorn, 48, partner in Astor & Rose, which handles Sperry Rand and 14 other stocks...

Author: /time Magazine | Title: WALL STREET: Every Man a Capitalist | 11/21/1955 | See Source »

BEEF-BACON SALES are soaring as a result of newspaper stories that the meat is one of President Eisenhower's favorites, is on his menu at Fitzsimons Army Hospital. Armour says sales of beef bacon have shot up 30%, would have gone higher except that demand outran supply...

Author: /time Magazine | Title: Time Clock, Oct. 31, 1955 | 10/31/1955 | See Source »

...family. He went to work selling Bibles-three different editions for teachers, three for home use and, along with them, a discreet book on sex fundamentals. By the time he married Thelma Carver, Donald had a job selling "Checkerboard" feeds for Ralston Purina, later was hired by the Armour Fertilizer Works, for which he is now district sales manager. Perhaps because he never had a chance to do much of it, Donald loved farming-a love that he passed...

Author: /time Magazine | Title: AGRICULTURE: The Closest Thing to the Lord | 10/24/1955 | See Source »

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