Word: merchanted
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Dates: during 1930-1939
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...Evelyn Hall Warburton petitioned the Bucks County (Pa.) court at Doyleston to stop her parents-in-law from selling the 94-acre Saracen Farm where her late husband Barclay Harding ("Buzz") Warburton Jr., grandson of Philadelphia's late merchant John Wanamaker, accidentally shot himself while hunting two months ago (TIME...
...becomes a power at Lloyd's, and Nelson receives command of the British navy. When the French break through nelson's blocade, the directors at Lloyd's decide to put pressure on the admiralty to reduce Nelson's command and put part of the fleet into services as a merchant convoy. Realizing Nelson's need of every available ship. Blake pleads for his old comrade. Finally, in desperation, he flashes a false message across the channel from Calais reporting a decisive victory for Nelson. Feeling that the sea is again safe for shipping, the admiralty countermands its order to Nelson...
...more stores in a town starting a feud and vowing they will not be undersold. It always seemed to me that is one way to go nowhere fast." Not price-cutting but price-raising disturbed Jay D. Runkle of Marshall Field's New York Office. In prices the merchant's interest is close to that of the customer, opposed to that of the manufacturer. The lower the price the easier it is to sell the goods. In viewing with alarm the commodity boom, Retailer Runkle opined: "It would be a serious thing for all of us if prices...
Namm raged last week: "The only reason or excuse for this measure was to enable smaller and less efficient merchants to compete on equal terms with their larger and more successful competitors. . . . The Robinson-Patman bill would have been beaten to a frazzle if these stores had enlisted the aid of their customers." When the Dry Goods platform finally emerged from the resolutions committee on the fourth day of the convention, it had become a pious resolution approving "the objective toward which the general principles are directed." This was approved unanimously. Having thus sidestepped the issue completely, they turned...
interest costs $400,000. After taxes and a few minor deductions the year's profit was $3,172,351.19. This profit was earned on total capital & surplus of less than $13,000,000. Like all banking houses, like many a good merchant. First Boston operates to a large extent on borrowed money, loans payable amounting to some $55,000,000 at the year end. As one of the biggest government bond dealers in the U. S., First Boston had $30.000,000 worth of Treasury issues on its shelves. Other securities, including those in joint trading accounts, footed...