Word: partnership
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Dates: during 1930-1939
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...presented "without comment, the ascertainable facts": Before 1900 Engineer Herbert Hoover had saved not more than $10,000. That year's transfer of Chinese coal mines to a London syndicate of which he was the agent profited him $150,000, started him out as a capitalist. A junior partnership in the London firm of Bewick, Moreing & Co., mine managers and promoters, gave him about $50,000 per year. In 1902 the dishonesty of another junior partner cost him about $165,000, wiped out his reserves, set him back two years. As a senior Bewick, Moreing partner he made...
Because, like Henry Ford, he profoundly mistrusted financiers, Thomas Bat'a took care to remain the First Working Partner in a partnership which embraced all his employes. No one outside the partnership could own Bat'a stock. In Bat'a language the Bat'a newspaper of Zlin tersely announced the tragedy thus...
...facts are that the company has been selling this year for $1.50 shoes which it sold ten years ago for $6.60. Of the 23,000 working partners in Zlin last February, about one-third have had to be discharged from partnership, leaving some 15,000 still employed in Zlin last week. But there are Bat'a branches in 27 foreign countries. The total of Bat'a working partners throughout the world still exceeds 25,000. In 1931 the Bat'a plants were turning out 150,000 pairs of shoes daily (latest available figures) compared...
...will carry on a securities business in Manhattan, Boston and Chicago. It will also do a small deposit business and trade in acceptances. Being a corporation it can belong to no stock exchange. But while this company will perpetuate the name, last week the career of Boston's old partnership seemed ended...
...made markets in stocks for corporations or their officials. In October 1928 Operator Breen learned that Board Chairman Rudolph Spreckels of Kolster Radio Corp. (now in receivership) wished to dispose of his holdings. Taking Arthur W. Cutten, famed Chicago bull, and plunging Lawrence P. Fisher of Detroit into partnership, Operator Breen obtained options on 250,000 shares of Chairman Spreckels' stock at prices ranging between $70 and $74 a share. The first day he tested the market by selling 15,000 shares, buying a lesser amount. A few days later he sold 100,000 shares, bought 30,000. Some...