Word: nettings
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Dates: during 1950-1959
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...Pine, Colo. As he fished, 50 men, women and children gathered on a highway near the stream to watch him. The onlookers offered advice and encouragement, and Ike goodnaturedly bantered with them. On his first strike he lost both fish and fly. When the President brought a trout to net, an onlooker called: "Yeah, Ike." The stream, specially stocked with 500 Ibs. of trout by Ike's host, Bal Swan, provided fast action for the rest of the day. White House correspondents couldn't keep perfect tab on the President's catch because part of the time...
Other businessmen were talking in an equally optimistic vein. In Manhattan, a Dun & Bradstreet survey of 1,126 executives showed that some 48% expect an increase in net sales over 1953 during 1954's fourth quarter; only 22% forecast a sales drop. On Wall Street, the stock market reflected the businessmen's optimism. Aircraft stocks, which have led the market with a 75% rise in the past six months, climbed higher still. Six months ago, many a trader wondered if the Dow-Jones industrial average would ever hit 300. Last week the industrials pushed up 2.87 points...
...stockholders and 93,000 employees. Its 61 factories (23 outside the United Kingdom) turn out golf balls, tennis balls, foam rubber, tires, tubes, 'raincoats; its Malayan rubber plantations (92,800 acres) are the biggest private landholdings in the British Commonwealth. With 1953 sales of $680 million (and a net of $14 million), Dunlop completely dominates the Commonwealth market for rubber goods. Dunlop, in fact, is often called a microcosm of the Empire...
...around, especially for Murchison. If it goes through, he will still have 46% control of his two moneymaking firms. In addition, he will have a handy carryover tax advantage from Follansbee to apply to his two companies. Since Follansbee's book value is actually $16 million, the net loss (after tax adjustments) on the sale is $5,000,000, of which 52% can be charged off against the new corporation's income. Possibly the biggest reason for the deal was that Murchison will have a listing on the New York Stock Exchange. Then Murchison can use Follansbee (under...
...glamour to housewives as well, it has grown into a cosmetic giant, with some 200 different kinds of lipstick, face powder, talcum, cologne, mascara, face cream, shampoo and soap. In 1953 alone, Davis Factor and Max Factor Jr., the brothers who run the company as chairman and president, counted net sales of $19 million in 101 countries, with profits...