Word: ratings
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Dates: during 1920-1929
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Sugar last week became food for Republican thought as the Senate Finance Committee returned to this bitter-sweet subject of tariff-writing. Full committee hearings were held on a plan for a sliding scale of sugar duties proposed by Chairman Reed Smoot as a substitute for the flat rate in the House tariff bill. Senator Smoot spent the weekend with President Hoover at the latter's Shenandoah National Park camp site, returned convinced that the President will approve the bill if his sliding scale is inserted, pondered sugar solemnly with the President...
...ominous the warnings to consumers. To quiet this clamor, Senator Smoot proposed a scale of sugar duties that would vary inversely to the wholesale New York price of sugar. His purpose was to stabilize that price at $6 per 100 lb. Insistent was he that it would produce sugar rates lower than those in the House bill. The top rate in the Smoot scale would be $3 per 100 lb., the bottom $1. Cuban imports would still benefit by a 20% differential. When sugar was exactly at $6 per 100 lb. the tariff would be $2.20, the present duty, with...
General Earnings. Estimators figured that the operating net income for all U. S. railroads for the first half of 1929 was at the rate of annual earnings of 6.11% of railroad valuation (by the roads), whereas the same figure for corresponding 1928 period was at the annual rate of 4.78% on valuation...
Passenger Traffic. Railroad passenger traffic has steadily declined since 1921, but every month since November 1928 the rate of decrease has grown smaller. Railroad men feel that passenger traffic has reached its minimum, will improve in the future. As 60 passengers can be hauled in the same coach and at the same cost as 30, an increase in passenger traffic would be very healthy for net incomes...
...paper buyers and the remainder as clothing peddlers with packs on their backs. When the sons of the founders became active in the business, difficulties arose between young Henry Goldman and the Sachs family, reputedly concerning Mr. Goldman's sympathetic War attitude toward the Central Powers. At any rate, there are now no Goldmans in Goldman Sachs. Founders Harry Sachs and Samuel Sachs sometimes visit the offices, are more frequently engaged in trips to Europe and other distant localities. Sons Walter, Arthur and Howard Sachs are partners. Walter Sachs lives at Darien, Conn. Arthur Sachs specializes in foreign exchange...