Word: quarter
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Dates: during 1930-1939
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...made a trip to West Point to inspect the vast strong box she had had built in a corner of the Military Academy's reservation. Semi-sunken, its obdurate walls made of reinforced concrete, Mrs. Ross's strong box is to hold over a billion and a quarter dollars' worth of silver bullion purchased by the Treasury in Manhattan and now overflowing the Assay Office there. "This," said Mrs. Ross with a wave of her hand at the new vaults, "is just for cold storage...
...billion and a quarter in silver is approximately one million 1,000-oz. bars, each ounce worth $1.29 at the Government's statutory price, or 43? on the metal market. A thousand ounces is 62½ lb. To move a million such bars, a fleet of trucks was needed, and last week Mrs. Ross awarded her contract to Peter James Malley Jr., 38, of Manhattan, son and grandson of Irish truckers, who bid her 15? per bar for the 50-mile haul. Mr. Malley hauls most of New York City's whiskey, also dyes and chemicals. He figures...
While Prime Minister Neville Chamberlain's Government last week had its hands full defending Britain's domestic air defenses, from another quarter it was questioned on the security of nothing less than "The Rock'' itself. Was the Prime Minister aware, asked Her Grace the Duchess of Atholl, Conservative M. P., that Spanish Rightist Generalissimo Franco, with Italian and German aid, has so fortified the Spanish seacoast overlooking Gibraltar as to make this keystone of empire practically worthless...
...capacity appeared to dent the steelmasters' contention that prices could not be cut without a slash in wages. But Franklin Roosevelt was also explicitly on the record against wage cutting. In the face of reduced sales and mounting losses ($1,292,151 lost in the first quarter of 1938 against $28,561.533 netted in the first quarter of 1937), U. S. Steel on May 18 reaffirmed its old price schedule until September...
Price & Dealers. The crux of Philip Morris' selling is its 15? price. Its rivals allow price cutting (such as two packs for a quarter). Philip Morris never does and swears it never will. In some States price-maintenance laws insure this policy; in others Philip Morris relies on its good dealer relations to maintain the 15? price. This price stability assures dealers their approximate 2? per pack profit margin with Philip Morris and they tend to push it harder, give it better displays, etc. Conversely, with its prices rigid at a high level, Philip Morris has more money...