Word: sales
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Dates: during 1920-1929
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What Mr. Edgerton had in mind when he implied that the tariff rates were not so important as their administration was the two conflicting methods of valuing imports for customs purposes. One method, called Foreign, values an article at its fair sale price in the country of production, i.e., the price at which the importer buys it. The other method, called U. S., values an article at the U. S. sale price of a similar article. Illustration...
Last week, however, John North Willys disappeared from the automobile world with the sale of his entire Willys-Overland holdings (some 800,000 shares of common). Nor did any one individual take his place. Purchasers were a combination of Chicago and Toledo interests. The Chicago interest was Field, Glore & Co., acting for Chicago Corp., the Midwest investment trust organized last winter (TIME, Feb. 25). Election of Charles F. Glore and Marshall Field III to the Willys-Overland directorate will be one immediate result of the transaction. The Toledo purchasers were headed by George M. Jones, wealthy head of Toledo...
...Keys-Hoyt) Curtiss-Wright Corp. and the Curtiss-Wright Aeronautical Co. was in the misleading similarity of the names. Organizers of Curtiss-Wright Aeronautical Co. had located (or invented) an airplane mechanic named Curtiss Wright, had christened their company after him. Assets, other than the name, were small. Stock-sale profits, however, should have been considerable. According to the Attorney-General's office, stock was optioned to Broker Cyrus Brin for 66^ a share, reoptioned to Broker H. D. Strahman at $1.25 a share, sold to the public at the $25,130 figure. The company was ordered to change...
...after the receivership of 1922 and no interest was paid by the $18,000,000 mortgage at any time. The Federal Court decided that the Farmers Loan & Trust claim had priority over the U. S. Mortgage & Trust claim. It is this dispute which remains to be settled before a sale-date is named...
...partly from the invention of Photophone, the talking cinema mechanism perfected by Westinghouse and General Electric engineers, and partly from Radio Corp.'s realization of the potential profits in electrical entertainment on the largest possible scale. R. C. A. Photophone, Inc. was incorporated in 1927, functioned for the sale and distribution of Photophones. In January 1928, the Keith-Albee and Orpheum theatre circuits merged, the combination also acquiring control of F. B. O. Pictures Corp., cinema producer and distributor. In October 1928, the Keith-Albee-Orpheum combination sold control to Radio Corp. and Radio-Keith-Orpheum, a holding company...