Word: controls
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Dates: during 1920-1929
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...Power to control departmental expenditure...
...virtual control of foreign markets by U. S. cinema producers is bearing rich fruit in constantly increasing exports of U. S.-made films...
...Pont holdings in General Motors developed from an interest in the company shown as early as 1915 by J. J. Reskob, Du Pont Vice President. When after the Armistice W. C. Durant, General Motors head, found himself unable to continue in control of the company, the Du Pont concern, under persuasion of Mr. Raskob, raised $50,000,000 on its own credit to take up Durant's stock in the concern. Since that time the value of the stock has more than doubled, and now the Du Pont stockholders are receiving very substantial dividends from Mr. Raskob...
...Yellow Cab Manufacturing Co. controls the Yellow Coach Manufacturing Co., (makers of busses) and the Yellow Cab Co.'s in this country. The stock of the Yellow Cab Manufacturing Co. is worth about $28,000,000. The rumor as promulgated in Chicago had it that the merger was to include the omnibus company which controls the Chicago Motor Coach Co., operators of busses and the Fifth Avenue Coach Co. (Manhattan), also bus operators - in which case it would be a $60,000,000 affair and put General Motors into the operating as well as manufacturing business, taking control...
Either W. A. Harriman is braver, more far-sighted, more lucky or more reckless than most, for he has just concluded negotiations with the Soviets for control of the Caucasian manganese ore properties (TIME, June 22, RUSSIA). The Harriman interests have acquired a 20-year grant to operate these mines, and exclusive right to export manganese. The Soviet will receive a royalty on all ore shipped, with the annual minimum figure...