Word: ponts
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...well be able to cut its prices substantially. But G.M., with 46% of the entire auto market already, might thus increase its share to 50% or 55% and drive the independents out of business. Under such circumstances, G.M., already under investigation by the trustbusters for its ties to Du Pont, might face an antitrust suit on charges that it sold too cheaply. (The Great Atlantic & Pacific Tea Co. is now on trial on charges, in effect, that it sold too cheaply, thus drove competitors out of business...
...amateurs are spending well over $100 million on developing and printing, as against $20 million in 1940. ¶ The photographic industry will net an estimated $700 million, against $126 million in 1939. The lion's share, an estimated 65%, will go to Eastman, the rest to Ansco, Du Pont, and nearly 200 smaller camera and equipment manufacturers...
Goal for 1954. In the chemical industry, Du Pont's sales were up 8% to $440 million, while net was put at $1.21 a share, v. $1.14. Diversified Olin Industries boosted its net 23%, to $4,000,000. Mathieson Chemical, on sales of $60 million, netted $5,000,000, or 28% more than in 1952. In the steel industry, Republic was the first big company to report, and gave a hint of things to come. Its sales were up 52% (to $292 million), and net soared 172% (to $14 million), as compared with the strike-hampered third quarter...
Skidless Shine. A tough, nonslippery floor wax is being test-marketed by E. I. du Pont de Nemours & Co. For use on both hardwood and linoleums, the Safety Floor Wax contains tiny, gripping particles of Du Font's Ludox (colloidal silica) which snub the forward motion of a shoe hitting the shiny floor, bring it to a safe and sure-footed stop.. Price: $1.29 a quart...
...shares of Eastman-one of the company's ten largest blocks of stock. Quinby, who charges between 4% and 6.8% commission (the bank charges another 1% to 2.4%), is now grossing some $120,000 a year. Besides Eastman, he now also offers three other gilt-edge stocks-Du Pont, General Motors and Standard Oil (N.J.). Quinby tells prospective customers just to ignore what the stock market does. "If it goes up," he says genially, "all the shares you own are worth more. If it goes down, you are getting bargains; your money is buying more shares than the same...