Word: recoupment
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...Charles Curry, 23, left for South America. In Peru a guide led them on a chase after chinchillas and they wound up with a plant by the same name. In Lima they ran low on money, so Partner Curry hurried back to the U. S. to recoup. Partner Urian went on to Chile, arrived with only $30. Near Santiago he found a man who had trapped several chinchillas and would sell five. When Partner Curry finally rejoined him, they wangled an export permit, packed their chinchillas in ice, started back to the U. S. On the way three chinchillas collapsed...
Most cause for catcalls had old, famed Rudolph Wurlitzer Co., one of the world's largest music houses, best known exhibitor at the show. Two years ago, to recoup Depression losses on organs, pianos, violins, Wurlitzer broke into the coin machine market with nickel operated phonographs, Skee-ball games. Last year it is supposed to have grossed about $8,000,000 on these items alone. Last summer Rock-Ola, which had acquired patents on the coin phonograph from the old Deca-Disc Co., sued Wurlitzer for patent infringement. If this case goes against it, Wurlitzer may lose...
...tons. Chief reason was the competition of highway trucking. Truckmen claim that railroads are foolish to bemoan the decline because the roads must handle such freight at a loss anyway. But railroadmen want all the business they can get. Last January, in an attempt to recoup, railroads in the West and Southwest got Interstate Commerce Commission approval for a "store-to-door" service. At both ends of the rail haul the roads furnished trucks to pick up or deliver freight free. There was no effective opposition to the plan. Last April the major Eastern roads started to follow suit...
...manipulated him out of it, he went after Ford with Chevrolet, in which he manipulated himself back into control of General Motors in 1916. Fatally entranced by the stockmarket, William Durant lost his General Motors shirt ($120,000,000) in 1920. The Durant car, with which he planned to recoup his fortunes in 1921, is no longer made. When Asbury Park, N. J. newshawks discovered unsinkable, 74-year-old Mr. Durant merrily washing dishes in a lunchroom last week they baked up a fine riches-to-rags story...
...cash was transferred from Seaboard's treasury to the Parker treasury-a transfer easily effected because the treasurer of both firms was the same man. Bowen Tufts and associates, according to the testimony of one witness, dumped this cash into the market in a vain attempt to recoup Parker & Co.'s stock losses. Eventually Seaboard Utilities was stripped of nearly all its cash...