Word: armours
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...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...
...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...
President Ivey was Virginia-Carolina's counsel in 1932, when internal troubles over a proposed merger with an Armour & Co. fertilizing subsidiary brought Mr. Kemp to the fore and began Virginia-Carolina's warfare. A tightlipped, poker-faced Baptist, Mr. Ivey is 50, a Georgia farm-boy with a law degree from Columbia University who was "reared between the plough-handles." 1886-1936 "At the annual meeting in 1886, Mr. Coolidge, then Treasurer, called your attention to the trend of [the cotton] industry southward. In 1889, 1891, 1896 and 1897 he stressed the same idea, pointing...
...Green comes to Camp on Soldiers Field with very small Ray of Sunshine, but the Hull game is right in the Crimson Handrahan. Harlow blocking and tackling will Lynch the Dartmouth hopes, Bott Coach Blaik will resort to strategy in Casey finds his Armour vulnerable. Kenny Frick the works? Sage thinks...