Word: cresap
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Dates: during 1930-1939
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...Stetson Co. swelled its profits from $301,000 to $485,334, while Hat Corp. of America (Knox, Dobbs) reported net income of $923,000 in the year through November compared to $779,000 in fiscal 1935. It was also a good year for clothing. Said President Mark W. Cresap of Hart, Schaffner & Marx in reporting earnings of $484,000 as against $273,000 the year before: "Profits are still small in proportion to sales." Profit margins for American Woolen were even more unsatisfactory, the company's profits dropping from $2,740,000 to $1,929,000. But Manhattan Shirt...