Word: loewe
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Dates: during 1940-1949
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...Hollywood itself, Comedian Fatty Arbuckle was being tried for the death of an actress following a pajamaed "orgy." There, too, a small group of men who knew less about show business than fur dealing (Marcus Loew), jewelry merchandizing (Lewis J. Selznick), glove selling (Samuel Goldwyn), cloth sponging (William Fox), railroad engineering (Sam Warner), were struggling among hundreds of others "from Saturday night to Saturday night" in an atmosphere of "ruthless conflict, chicane, daring, and genius...
Reopened this year, the Fine Arts theatre, nestling in the shadow of Loew's State, the Christian Science Monitor building, and Mass. Avenue station, gives to Boston in small quantities what New Yorkers can find in a number of spots. So far it has limited itself to foreign films; through tomorrow, it is presenting what amounts to a telling comparison between a good foreign picture and a good American picture...
...Broadway outlet for their productions, Producers Samuel Goldwyn* and David Selznick leased Manhattan's famed, 40-year-old, 1,140-seat Astor Theater from the owner-operator, City Investing Co. Major C. I. request:" Goldwyn & Selznick keep the Astor as well supplied with pictures as did former tenant Loew...
From them, the buying spread right across the board as buyers looked for undervalued stocks. Sears, Roebuck and Loose-Wiles went to new highs for the year. The movie stocks, gilded by the amusement boom, climbed right along with them. Typical example: Loew's, Inc., not cheap at 71, went up ten points in the last ten days. As usual, the market was also full of bargain hunters, shopping among the cheap stocks. As a result, many of the blue chips, notably General Motors and U.S. Steel, lagged, were still below their year's peaks. Furthermore, many...
...purposes, and thus encouraged the establishment of pension plans. Thereby some abuses began, i.e., paying top executives deferred bonuses in the form of pensions. Congress tried to chink up these loopholes in the 1942 Revenue Act. Now in practice the Treasury must approve all plans (it approved Loew's) before tax deductions are granted. In effect, the corporations whose pension plans were avoiding taxes were doing what Congress has been trying to get them to do all along...