Word: armours
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Dates: during 1930-1939
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...Ghezzi, needing a final 71, had taken 81. If he had further doubts last week as he waited for Manero to finish, Cooper could have thankfully reflected that lightning rarely strikes twice in the same place. In the 1927 Open, he posted what looked like a winning 301. Tommy Armour tied it, beat him in the playoff...
...Chicago last week Retail Butchers William Kessler, Charles Kessler and Louis Feldman sued U. S. meat packers for some $33,000,000. They wanted some $20,000,000 from Armour & Co. and Swift & Co., the remainder from 28 smaller packers. The amount claimed represented part of the processing tax money which had been put in escrow pending the Supreme Court's decision on the constitutionality of AAA (TIME, Jan. 20). When that question was inexorably answered in the negative last month, packers (in Chicago and elsewhere) promptly recovered taxes totaling some $50,000,000. Meanwhile processors of other farm...
...return just as the Government has been sued for collecting excess income taxes and excess War-profit taxes. Because the meat-packing business is so large and so concentrated, the four big packers made large recoveries on the AAA decision. Their refunds were reliably estimated at: Armour...
...Armour & Co. has had a hectic career since J. Ogden Armour cracked up in 1921 and left his company with a $253,000,000 debt. In 1933-34 a prolonged stockholders' battle brought peppery old Frederick Henry Prince of Boston into control of the company. Mr. Prince sunmoned from London Robert Hervey Cabell, Armour's London manager, made him president of Armour early...
Like most packers, Armour turned the corner in 1933, had a good year in 1934. In 1935. sales of $683,000,000 produced profit of only $9,349,000, leaving Armor with only 1.37? profit per dollar of sale. Mr. Cabell said he had observed "considerable consumer resistance" to high meat prices...