Word: sale
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Dates: during 1930-1939
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...include, said he, "a revolt against a few socialistic or capitalistic delegates, at national church conclaves, passing resolutions pretending to bind the entire membership." But the pearls lay where they fell. The convention proceeded to do just what Moderator Babson had been inveighing against: It adopted a resolution* condemning sale of war materials to Japan, and one asking the Government to respect conscientious objectors in time of war, adjourned impenitent...
...particularly on top of the $700,000 expense of building a slick new factory, opened last month. So last week with its 519,151 shares of common selling at $95 (on earnings of $10.91 last year, current dividends so far for this year of $5.25)-with its English Blend sales this year setting new records each month and expected to approximate 11,000,000,000 by year's end-Philip Morris finally offered for sale an issue of 77,873 shares of 5% preferred stock convertible into common share for share. Only 748 reached the general public. The rest...
...back from a seven-year vacation in Europe and the two quietly began buying Philip Morris stock. In 1931 they had control, got into the 10? field with a cigaret called Paul Jones. But they found themselves making little from Marlboro because a 20? cigaret has only a limited sale, making less from Paul Jones because it had too small a profit margin for big earnings despite its sales of some 2,000,000,000 in 1932. Rube eyed the 15? field dominated by Camels, Lucky Strikes, Chesterfields, Old Golds. He had already tried, with dismal failure, to crack this...
...Wall Street this easy sale, in a period when stock flotation had never been so difficult, produced two reactions. Financial World dubbed Philip Morris "a coming blue chip." Cynical tobacco stock specialists, however, were still unconvinced. Noting that more than two-thirds of Philip Morris sales are urban, they wondered whether, with its sophisticated slant, it would ever have truly national appeal. And they shook gloomy heads over the action of New York City (where Philip Morris sells one-fifth of its smokes) in imposing a 1? a package cigaret tax two months ago. Other cigaret companies could pass this...
...outsells a best-selling work of nonfiction, two to one. Last month Lin Yutang's philosophic miscellany of Chinese wisdom, The Importance of Living, was the only book that sold equally well in New York City and San Francisco, in Chicago and Dallas, Tex. And although its total sale fell slightly short of Marjorie Kinnan Rawlings' The Yearling, it was head and shoulders above rivals in its own field, and the only work of non-fiction in the past season to sell on the scale of best-selling novels...