Word: penney
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Soon many of Detroit's 400,000 school kids were running about with defense-stamp albums. Next the large chain stores-A. & P., Kroger, Woolworth, Penney, etc.-hung out red, white & blue signs, began selling stamps like cigarets. The Cunningham Drug chain spent $1,600 on newspaper ads, nearly burst with patriotism when daily bond sales in its 125 Michigan stores hit $750. Kroger's eight Lansing stores rang up $80 daily. Last week 12,500 Michigan stores were selling bonds; by mid-September there...
Finding him "grossly negligent in the performance of his duties as a director," Judge John Clark Knox ruled in Manhattan Federal Court that pious, stockbreeding Chain-Storeman James Cash Penney, as chairman (and only non-dummy director) of Miami's defunct City National Bank, must pay for losses sustained by depositors and stockholders when the bank flopped in 1930. Likely sum due depositors (in addition to the 40% already paid them...
...country's 8,500,000 stockholders, extra and special dividends came almost too fast to count. Items: Allied Chemical, $2; American-Hawaiian Steamship, $1.75; Loew's Inc., $1; J. C. Penney, $2; U. S. Gypsum, $1. The New York Journal of Commerce estimated that they would bring the year's total to $3,565,000,000, up 13% from 1939, 27% from...
...become chairman of Coca-Cola Export Corp. Eastman Kodak, which still gets a third of its sales from amateur photographers, also makes money from plastics, reported $9,179,170 net, up 13.7% for 24 weeks ending June 15. For the first six months, stores were up too: J. C. Penney 4%, American Stores...
...International Nickel, Standard Oil of New Jersey, Texas Corp., National Steel, Liggett & Myers "B," Reynolds Tobacco "B," U. S. Tobacco, American Telephone, Consolidated Edison, Public Service of New Jersey, Eastman Kodak, International Harvester, Procter & Gamble, Sherwin-Williams, Union Tank Car, American Chicle, Beech-Nut, General Foods, J. C. Penney, Sears-Roebuck, Commercial Credit, Commercial Investment Trust, Household Finance, International Business Machines, Allied Chemical, New Jersey Zinc, Homestake, Phelps Dodge, Bristol-Myers...