Word: laughlin
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Discus--Won by Tom O'Laughlin '42; second, Dick Pfister...
Died. Clara Elizabeth Laughlin, 67, oldtime Midwestern novelist and friend of Poet James Whitcomb Riley, who turned to writing travel books after World War I, published the highly successful So You're Going to - series; in Chicago...
...Jones & Laughlin, which swung from profits of $29.04 a share in 1929 to a $20.86-per-share deficit in 1932, swung back with earnings of $10,277,029 ($10.70 a share), highest since...
...steel companies' 1940 earnings reports made good reading for shareholders, their stock quotations did not. At week's end U. S. Steel sold at 62 (seven times 1940 earnings), Bethlehem at 82 (six times earnings), Jones & Laughlin at 31½ (three times earnings, depressed by $45 of arrearages on the preferred). These quotations, ludicrous by the yardstick that used to set a conservative price for common stocks at ten times earnings, reflected Wall Street's fears about the world situation, higher taxes, collapse of the defense boom. The next question investors will have to answer...
...auto and aviation through his lieutenant Roland J. Thomas, has spoken to electrical industries through James B. Carey. Last week he got ready to speak to steel. S. W. O. C. has continuing contracts with President Benjamin Fairless of U. S. Steel, and President H. Edgar Lewis of Jones & Laughlin. Either side may reopen negotiations at any time. Murray let it be known that he thought it was time. He also announced that he would send an aide, lanky Clinton Golden, to Manhattan to discuss with President Raoul Desvernine a new contract with Crucible Steel. Labor and industry were approaching...