Word: reporters
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Dates: during 1930-1939
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Buried in the announcement was a notation that the Army & Navy Munitions Board, which coordinates peacetime plans for wartime procurement and up to now has reported to the Secretaries of War & Navy, hereafter would report directly to Franklin Roosevelt. Louis Johnson's sidetracked superior, Secretary of War Harry Hines Woodring, was inspecting the Panama Canal last week...
Died. James Francis Harry St. Clair-Erskine, Earl of Rosslyn, 70, gay blade; of shock following a tragic report that his daughter's foot had been amputated by a crocodile;* in London. In 1927 his patrician relatives groaned, unsuccessfully tried to suppress his memoirs, My Gamble With Life (written "solely for money"), telling about his three marriages, two divorces (wife No. 2 recommended him as "an altogether delightful person, but absolutely impossible"); the loss of a $1,500,000 inheritance, mostly by gambling, which fascinated him as a mathematical problem to which he was always finding a new "solution...
...tires a year. In the first half of 1939, the industry sold 9,217,000 tires at little enough profit to the hard-bargaining auto companies, and 17,188,000 tires at a better markup to the public. Last week its big producers were able to report quite satisfactory profits...
Firestone, which shoes the wheels of most top-flight U. S. racing cars, publishes its half-year report at the end of April. Last spring it had encouraging news for its stockholders in spite of the fact that one of its major customers, Motorman Henry Ford, is rapidly expanding his own tire production in the River Rouge plant. For fiscal 1938's first half (October-April) Firestone turned a net income of $2,429,738. This year's six-month...
Last week Consolidated Oil made its semiannual report, and by that time Harry Sinclair was hopping mad. For the first half of 1938 Consolidated had turned in a neat net of $4,000,341. But for the first half of 1939, it had a deficit of $872,671. With the report Harry Sinclair made another bitter statement: "I think the industry has served the public extremely well, but it is serving itself very badly...