Word: hormell
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
Since 1935 wealthy residents of Hollywood and its swank suburbs have been apprehensive of an unapprehended "phantom burglar." Last week in San Francisco the phantom, one Ralph R. Graham, was finally captured, readily identified the looted houses. A few of his victims: Packer George A. Hormel; Cinemactors Gary Cooper, Tyrone Power, Miriam Hopkins, Carole Lombard; Director Frank Capra. Complained the phantom: "All of ... the movie boys and girls whose playthings I swiped . . . except Fanny Brice exaggerated the amount of stuff taken." Estimated total loot...
...Home Mission Board of the Southern Baptist Convention, "which speaks for 4,121,000 Southern Baptists," declared: "The Church must be up and about its Father's business." Read to the committee was a long testimonial to the General Welfare Act by Minnesota Packer George A. Hormel, whose firm has net sales of $56,900,000 a year. Excerpt...
...Hormel's new scheme, an adaptation of the profit-sharing idea, was worked out after Jay Hormel figured that 80% of his Austin plant's income went to employes in wages, 20% to stockholders in dividends. Although last year's $1,031,000 net income would have given workers no extra money under the plan, Packer Hormel thinks his program may inspire efficiencies, hence increase profits...
...Hormel & Co., still in the van of the parade, last week came out with something brand-new, a "joint earnings plan." During the current fiscal year (ending October 1939) the total of all profits and wages of Hormers Austin plant will be reckoned up. At year's end this theoretical kitty will go 80% to employes, 20% to stockholders. If the employes' 80% fails to cover the pay they have already received, they will get no more. If it more than covers their pay, the surplus will be divided 80-20 until the workers have been given four...
...That Hormel executives are classed as employes and will share in the plan is altogether logical. For Jay Hormers executives go to work at the same time as his packers-7:30 in summer-and President Hormel works at a steel desk that is exactly like 250 other steel desks in Hormel's single vast executive office...