Word: inces
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Dates: during 1950-1959
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...huge corporation farms. Example: Delta & Pine Land Co., a 37,000-acre, English-owned plantation in Mississippi, drew $1,167,502.35 in Government price-support loans on its 1957 cotton crop, $20,761.20 in soil-bank subsidy (now partly abandoned) for not planting riceland. Example: Westlake Farms, Inc., of Stratford, Calif., did a heads-we-win-tails-you-lose business with taxpayer money: $854,450.67 from Commodity Credit Corp. for the cotton it raised, $125,942.50 from the soil bank for the cotton it did not raise. Because of a small 1957 crop and rising prices, some big operators redeemed...
...take advantage of such computer-like efficiency requires a high degree of automation and integration by the broiler men who buy the breeding stock. In Gainesville, Ga., Jesse Jewell, Inc. operates what it believes is the largest integrated chicken business in the world (TIME, Jan. 14, 1952). Buying Vantress roosters and hens from a New Hampshire breeder, Jewell hatches the eggs, sends the chicks out to 270 contract farmers in a 55-mile radius. The chicken houses are so thoroughly automated that one farmer can look after two houses, each containing 18,000 chickens. The feeding is entirely automatic...
...Thomas, 52, who resigned. Widow of Financier-Diplomat Charles Ulrick Bay, Josephine Bay took over the business affairs of her husband after his death in 1955, became the first woman to reach a top Wall Street post when she became president and chairman of A. M. Kidder & Co., Inc. Now married to Oilman C. Michael Paul, who succeeds her as executive committee chief, she is the first woman to hold a major post in the shipping industry...
...organization, Arlington Books, Inc., has reduced overhead to a minimum, with its only office in Bledsoe's home. All editors and advisers contribute their services without pay except Bledsoe, who left his job with the Beacon Press to work full time on the new enterprise...
...also charged that "some $2.000,000" appears to be "siphoned out" of the Jacobs Co. into Comficor, Inc. "Comficor," said New York SEC Administrator Paul Windels Jr., "is Guterma." Guterma denied this...