Word: ince
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Dates: during 1940-1949
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...mind cash & carrying from Penney's to save dollars. This habit of year-in & year-out buying at Penney's has built the company, which has stores in every state, into the third biggest U.S. retail chain. Last year, only Sears, Roebuck & Co. and Montgomery Ward & Co., Inc. sold more goods than J. C. Penney, which rang up a whopping $885 million gross and a $47.8 million...
...Squeaky Burwell, 37, decided to start an airline specializing in all-expense vacation tours. He raised more than $400,000-some of it from the Du Pont family-and, with eight surplus DC-4s and DC-3s, Resort Airlines, Inc. was under...
...Bethlehem Steel's Eugene Grace ($293,279), and William Randolph Hearst ($300,000). But the others were not so familiar. They were: E. H. Little, president of Colgate-Palmolive-Peet Co. ($350,000); A. A. Somerville, vice president of Manhattan's R. T. Vanderbilt Co., Inc., which distributes chemicals ($319,398); Seton Porter, president of National Distillers Products Corp. ($310,000); Theodore Seltzer, president of Bengue Inc., which makes Ben-Gay ointment ($295,613); and G. A. Bryant, president of a Cleveland building firm, Austin...
...Copyright 1909, copyright renewed Harms, Inc. Reprinted by permission...
Last week, after a nationwide survey of 1,776 companies, Manhattan's hardheaded Dun & Bradstreet, Inc. predicted that all U.S. sales for the second half of 1949 will show an average decline of only 3.3% under 1948's record total. The group surveyed did not expect more than a drop of 3.6% in profits on the average-ranging from 5.1% for the durable goods companies and 4.2% for the wholesalers, to 3.6% for the retailers and only 2.5% for the non-durables...