Word: ince
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Dates: during 1940-1949
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Super-Salesman. Al Capp understands his economic meanings as well as the next $250,000-a-year man. Through Capp Enterprises, Inc., he stands to make an extra $100,000 from the book and 26 licensees who are busily turning out shmoo balloons, ashtrays, dolls, scarves, banks, soaps and suspenders. In a couple of months Toby Press, one of the mushrooming Capp enterprises, will take over Li'l Abner comic books, previously farmed out to publishers...
...largest U.S. producer of wallboard and similar wood products last week took over one of its biggest customers. In return for 81,250 shares of its own stock (current value: around $4,550,000) Masonite Corp. bought control of Marsh Wall Products, Inc. of Dover, Ohio, No. 1 finisher of Masonite wallboard. For 23-year-old Masonite, the deal will enable it to turn out finished products (doors, panels, etc.) for sale to the building trade. For Marsh Wall, it marked a new chapter in a happy saga of family enterprise...
This week, the Boston Store got a new owner: Federated Department Stores, Inc., headed by wide-awake Fred Lazarus Jr. (TIME, Feb. 1, 1937, et seq.). In the deal, Lazarus exchanged 292,600 shares of Federated common stock (market value: about $8,000,000) for the Boston Store stock. But the Boston Store will be run, as before, by President Richard Herzfeld...
Just ten years ago, Marion Harper Jr., fresh from Yale, got a job as office boy at McCann-Erickson, Inc., one of the six largest U.S. advertising agencies. Tall (6 ft. 1 in.), strapping (190 Ibs.) Harper was far from the outsider's idea of an advertising man. He was quiet and studious; he did not wear hand-painted ties, didn't smoke, showed not a single huckster characteristic...
Furriers were digging foxholes for a long bout with the buyers' strike. Manhattan's I. J. Fox, Inc., biggest U.S. fur retailer, canceled plans for four new New York City stores, decided instead to lease fur departments in smaller department stores all over the U.S. By plugging lower-priced furs, the company-like other furriers-hoped to make up in mass sales for the slump in its luxury coats...