Word: girdlers
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Dates: during 1930-1939
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Republic Steel, enjoying steel's best sea son in years, showed a nine-month profit of $6,333,649 as against $3,264,295 last year. President Tom Mercer Girdler estimated that the surtax on Republic's undis tributed profits would amount...
Republic Steel's Tom Mercer Girdler: I believe the American standards of living will continue to rise...
Since the death of the last Jones president in 1926, J. & L. has had no less than four presidents from outside. Most famed was Tom Mercer Girdler, now head of Republic Steel. It was during Mr. Girdler's term that Aliquippa became known to steelmen as the "perfect company town" and to labor agitators as the "Siberia of America." And it was under Mr. Girdler that J. & L.'s profits reached $20,800,000 in 1929. During Depression the company accumulated nearly $18,000,000 worth of deficits. Even under President Samuel E. Hackett, a master salesman...
...steel, irrespective of the size of the order. In practice, big buyers like the automobile companies have beaten down quotations as much as $8 per ton.* Last week in an attempt to waft away the dense cigar smoke that envelops this practice, Chairman-President Tom Mercer Girdler of Republic Steel Corp. made a bold move... Opening its books for second-quarter business, the No. 3 steel company of the 'land issued price lists with fixed discounts for quantity orders ranging from $1 per ton on lots of 25 to 50 tons to $3 on lots over 150 tons. With...
Though Mr. Girdler's base prices were generally unchanged from the previous quarter, net effect of fixed discounts may be a rise in average steel prices, for the public discounts are probably less than buyers formerly chiseled in secret. Jones & Laughlin followed the Girdler example on certain products, and other companies were expected to fall in line...