Word: roebuckers
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...Continental Illinois Bank & Trust Co. In 1929 Continental sold as high as $1,020 a share. In 1933 a share of Continental could be bought for precisely $1,000 less; Mr. Johnson's National Life Insurance Co. was, not surprisingly, in receivership. General Robert E. Wood of Sears, Roebuck & Co., which sells about everything else, decided that this was the time to go into the life insurance business. He formed Hercules Life Insurance Co. and applied to the court for the contract to reinsure National Life's 112,000 policyholders. Along with the 112,000 policies...
Rejecting the Harvard Engineering Society's proposition that they substitute Sears Roebuck (advt.) vacuum cleaners for the traditional brooms, the Crimson curlers under the leadership of Caspar W. Berger are embarking on a series of strenuous secret practice sessions in an unused wing of Widener in preparation for Saturday, when they cross brooms with a veteran Kendal Home for the aged aggregation...
...year-old spinster named Harriet Monroe began knocking on the doors of wealthy Chicagoans, trying to get 100 of them to pledge $50 annually for the support of a magazine of modern verse. Charles Deering, Samuel Insull, Cyrus McCormick, Charles & Rufus Dawes came in; Julius Rosenwald of Sears, Roebuck stayed out. By June, 1912, she had more than 100 signatures on her five-year pledges, an income of more than $5,200 a year for her magazine...
...years ago the Federal Trade Commission ordered Goodyear Tire & Rubber Co. to stop selling its tires to Sears, Roebuck & Co. at net prices lower than those accorded to other purchasers-a practice which had enabled Sears to undersell its competitors. When the Robinson-Patman Anti-Price Discrimination Act presently was passed, Goodyear abandoned the practice. The Sixth Circuit Court of Appeals dismissed the F. T. C. order on the ground that the controversy no longer existed...
Last year another potent Governmental bureau, the Treasury Department, was mightily annoyed to discover that the 14 companies seeking its $2,800,000 tire & tube contracts offered practically identical bids. Threatening to investigate the possibility of collusion,* the Treasury gave a $1,000,000 contract to Sears, Roebuck, which had not bid but whose retail prices were lower even though it bought its tires wholesale from one of the original bidders (TIME...