Word: grosses
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Dates: during 1940-1949
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Brisk British Tycoon John Richard Sofio, chairman of the board of British Home Stores (a chain of 60 cheap stores with a 1939 gross of ?15,000,000), admitted when he arrived in the U. S. that business was good, particularly in one item: because of blackouts Britons have bought millions of electric torches (flashlights...
...stock, 3) anti-municipal ownership propaganda by P. G. & E., 4) the $2,300,000 which P. G. & E. pays the city yearly for its Hetch Hetchy power, 7% of San Francisco's tax revenues. (P. G. & E. sells the power for a gross of $8,900,000 a year.) The voters, long satisfied with this arrangement, were last week overruled by the U. S. Supreme Court. Justice Hugo LaFayette Black (Justice McReynolds alone dissenting) read a decision declaring the 15-year-old contract between San Francisco and P. G. & E. against...
...Sell Hetch Hetchy power elsewhere-perhaps to the publicly operated irrigation districts in the valley. This Jim Black would not oppose. It would leave P. G. & E. in control of the San Francisco market, which provides 23% of P. G. & E.'s gross. But it would shave P. G. & E.'s profits from this market, since costlier power than Hetch Hetchy's would have to come from P. G. & E.'s own turbines and stand-by plants. Last week P. G. & E. common, a Wall Street blue chip, dropped 1¾ points...
...Sewell Avery (then and still head of U. S. Gypsum) was put in charge of Montgomery Ward in 1931, it was almost two-thirds as big as Sears, Roebuck (in sales), but losing money. Last year Montgomery Ward was over three-fourths as big as Sears, had a record gross of $474,900,000, a record net of $27,000,000. To help Montgomery Ward in this famous comeback, Sewell Avery hired top merchandising talent from other jobs : Walter Hoving from R. H. Macy, Frank M. Folsom from Hale Bros. in California, Raymond H. Fogler from W. T. Grant, many...
...Torsten Kreuger, brother of the late gross match king, owns two important Stockholm dailies, Aftonbladet and Tidningen. Torsten Kreuger hates all those who helped to strip him of Ivar's properties, believes the House of Morgan is a hive of Jewry, means to get even...