Word: creams
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Dates: during 1930-1939
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...told that on May 15 Richard B. Bevier had come to Mr. Howe with an introductory letter from Basil O'Connor, the President's one-time law partner. After inspecting Mr. Bevier's toilet kits (comb, toothbrush, soap, toothpaste, toothbrush holder, brush. soap box, mirror, shaving cream, razor, razor blades), Secretary Howe asked Budget Director Douglas to come over and have a look at them. Director Douglas was busy, sent a subordinate named Lowery. Instructing Lowery to investigate the cost and quality of the product as compared with the kits the Army was already issuing...
...securities floats bond issues through syndicates. Because of its prestige it gets the pick of the business, the securities which are easiest to sell, of foreign governments (of England and Germany, for example), of great corporations without number. The margin of profit is small but because it gets the cream of the securities, the turnover is sure and rapid. If an issue of tens of millions can be floated over night, what if the profit is only $100,000? That is enough for a night's work...
...investigators have so much difficulty in putting their finger on what they complain of. The success of its loans may be insured by its intimacy with corporations for whom it has floated securities. Its ability to make large loans brings it security business. Its prestige brings it the cream of financial business. Having the cream, its prestige and influence increases, etc. and though it cannot control the capital market, it at least has the front or inside seat. The whole is greater than the sum of the parts, and the whole is responsible for Morgan & Co.'s profits...
Among the self drinks Coca-Cola appears to be the most severely affected with sales reported dropping 40 to 60 per cent, Ice cream sodas were slightly affected, out milk and coffee search suffered any change in demand...
...fused directly into milk bottles. Buying into National Distillers Products gives Mr. Levis not only mastery of 40% of U. S. bottles but interest in a company which makes 40% of U. S. medicinal whiskey, which packs cherries, fruit, and olives, which makes extracts for the ice cream and candy trade. Incidentally it puts Owens-Illinois in line for a dividend of 8,000 cases of 15-year aged-in-the-wood whiskey which National Distillers has declared for holders of record Sept. 15. 1934.* More important to Owens-Illinois is the prospect that in case of Repeal it will...