Word: chaining
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Dates: during 1920-1929
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...stock of their companies is selling too high, conscientious tycoons will often sound a warning. But mum is the traditional word when they deem it is going too cheap. Last week this convention of high finance was crisply broken by potent, unconventional Viscount Rothermere, dynamic chairman of the largest chain of British newspapers and allied interests...
Logical as was this explanation, followers of the Schulte fortunes wondered if it were not another circumstance in the chain of events that seem to indicate that Schulte prosperity no longer zooms ahead at its onetime remarkable pace...
...inspiration to young boys has long been the story of David Schulte, clerk in a small tobacco shop near Brooklyn Bridge, who rose to be head of the second largest U. S. chain of cigar stores, then entered into real estate and merchandising deals that involved millions. Many a feature article has described quick-speaking, efficient, firm-jawed Mr. Schulte who took no vacation for 24 years and said his only hobbies were "business and family." Although of late Mr. Schulte has taken many vacations to Palm Beach, and learned to play games, his name has remained a symbol...
...eventful and stirring times, names baptized in the blood of Liberty. The famous General Putnam built a set of bastions there in 1777. Molly Pitcher took a shot with her husband's cannon at advancing British regulars. Thaddeus Kosciusko organized and perfected the fortification in 1778. A great iron chain was forged and stretched across the river on log floats. Mad Anthony Wayne defended its position. Baron Steuben drilled our troops; Washington lived there...
...Tobacco Co. While the Morrows are not identified with the large manufacturers, their position in the distributing end could make their influence mighty. If the raise in the wholesale price presages a return to the strict 15? retail price (now two for 25? in most places, 23? in large chain systems), the second menace to the tobacco industry will have been removed. Although chain stores can afford to sell cigarets at no profit, or even a loss, the war has been expensive to smaller merchants. With cigarets costing them $6 per 1,000 the package price has been (allowing...