Word: last
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Dates: during 1930-1939
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...over August were September orders. Better yet, for the first time in ten years October bookings equaled September's, topped 1938 by 25%, put the ten-month average 21% over last year. By month's end unfilled orders were 51% above...
Hypercompetitive, bubble-riding, style-mad is the $100,000,000 U. S. millinery industry. The Federal Trade Commission last week published a study of its scrambled distribution methods. Prime thesis of the report: chain and syndicate distributors (who combine the functions of wholesaler and retailer) handle close to half of the total trade, are not the pirates that manufacturing milliners think them: "With a better understanding the manufacturer will come to realize that he has not been the victim of oppression by the syndicate...
...majority of its 67,000 employes, last week big General Electric Co. cut a $4,750,000 holiday melon. The melon consisted of two parts. Under its profit-sharing plan,* instituted in 1934, employes of five or more years' service shared $2,400,000 (compared to $556,800 last year). Under the three-year-old plan of adjusting wages to the cost of living (U. S. Department of Labor Index), employes shared another $2,350,000 (almost $1,000,000 less than 1938). Together, the two bonuses add 5-75% to employes' earnings for 1939's last...
Neither firm has found profit sharing unprofitable. G. E.'s nine months' net was $25,022,631 (up 42.5% over 1938). Westinghouse's earnings were up 46% over last year...
...eliminated all conflict between the two main branches of an industry, did away with the expense of changing over machines, putting new models of shoes into production. It never failed to show a profit. Its boast was that neither half of the partnership had any control over the other. Last week that boast was liquidated...