Word: ledgers
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...Pierce plant, tried a $2,300 car (previously Pierces cost as much as $6,400), then trailers. Last summer, when the reorganization scheme was cooked up, the company was at a standstill, with no cars on the line, 25 employes in the factory, lots of red ink in the ledger. When the market crash last fall halted refinancing plans, the company took refuge in a 77 B reorganization to await reviving good times. When the market crashed again last week, Pierce's 444 creditors were agreed that there was no use waiting any longer...
Each year Philadelphia undertakers spend $175,000 of their clients' money for paid death notices in the city's four biggest papers. Just as regularly the Bulletin, Ledger and Inquirer divide $75,000 of this revenue while a $100,000 lump goes to the Record, mouthpiece of Julius David Stern, sonorous Jewish crusader for the New Deal in Philadelphia, New York and Camden...
...children participated during his first term, became aware in April 1934 that Franklin and Ethel du Pont were companions. The discovery was inescapable because the pair was attending a wrestling match in Philadelphia and Franklin, objecting to being photographed at the ringside, made a flying tackle at the Ledger's photographer and smashed his camera. "This man was taking a photograph of me," explained Franklin, "and I don't like to have my photograph taken." A member of his family has since revealed that a good part of Franklin's dislike of being photographed at Philadelphia...
...Philadelphia Public Ledger. They got their idea from Benjamin Day's New York Sun, which had been pleasing Manhattan's masses and enriching its proprietor at a penny a copy since 1833. Sledding hard in Philadelphia, Partners Simmons and Swain left it to Partner Abell to see that the Sun shone successfully on Baltimore. The story of the Sun therefore became the story of Partner Abell, of his descendants, and of their business and journalistic heirs. Last week that story was published by four able writers, all employes of the Sun, in as comprehensive a biography...
...Alfred A. Knopf ($3.75). -After these revolving presses had been in successful operation at the Sun and Public Ledger for two years, the London Times was still solemnly assuring its readers that the Hoe cylinder was a physical impossibility...