Word: lumbers
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...revolted. After prolonged proceedings, the Federal Trade Commission issued a cease & desist order in 1924. Pittsburgh Plus was then replaced by the basing point system, which substituted a number of cities for Pittsburgh. Other industries now using basing point prices, which may also, include "phantom" freight charges, are cement, lumber, paper, flour, sugar...
Surety bonding turns upon the completion of contracts. This business covers everything from the delivery of lumber to the painting of a house. National Surety also writes all manner of burglary business, insuring private homes, stocks of merchandise, paymasters, even covering the breakage of plate glass windows, doors, and glass signs. It does not handle any accident insurance, fire insurance or life insurance. Last year National Surety Corp. took in $9,134,000 in premiums, paid out $3,424,000 in losses. It made $959,000 on its policies. It also made $302,000 selling securities, received $458,000 from...
...father was a Scotsman who was taken to Utah by his immigrant family after their conversion to the faith of the Church of Jesus Christ of Latter-Day Saints. They covered the last thousand miles westward on foot. David Eccles prospered, founding one of the Northwest's great lumber companies, later branching into beet-sugar, banks, insurance, rapid transit. Before he died in 1912 he persuaded Son Marriner to accept his church's "call." Two early years of Reserve Board Chairman Marriner Stoddard Eccles' life were spent in Scotland in the frock coat and silk...
When he went to Washington in 1934 as an Assistant to the Secretary of the Treasury, Mr. Eccles' business interests included the presidencies of a $2,000,000 milk product company, a big Oregon lumber concern, a huge construction company, and the $50,000,000 Eccles group of banks. In addition he was vice president of Amalgamated Sugar Co., a director of a railroad, a hotel company, a farm implement company, a retail lumber organization. All this was achieved in less than 20 years from the time he set up Eccles Investment Co. to manage...
Wholly ignored was the fact that the stockmarket might profit from a rest, that many a low-priced issue not included in the averages was still rising smartly. Also ignored was a good gain over last year in weekly carloadings, notable of basic goods like lumber (up 31%), coke (up 32%), ore (up 101%). And RFChairman Jesse Jones allowed the private banking house of Kidder, Peabody & Co. to underwrite an $8,718,000 Maine Central R. R. refunding plan instead of doing it himself...