Word: sales
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Dates: during 1930-1939
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...killing undistributed profits tax entirely, substituting a flat 18% levy on all corporate income, with exemptions for corporations earning less than $25,000; 2) killing the House's complex capital gains tax, substituting a flat 15% on capital gains arising from the sale of assets held over 18 months, reducing taxes on short term capital gains and capital gains by taxpayers in low income brackets; 3) an amendment introduced by Idaho's Borah removing exemption provisions from all future issues of Government securities...
Before the floods last month, Los Angeles' non-profit-making Zoopark, owned by the California Zoological Society, had managed to keep itself going. But it had never built a reserve fund from admission charges, sale of animals, concessions and, most important, renting animal actors to films. Among Zoopark's characters: Jackie, Metro-Goldwyn-Mayer's trademark lion; Nissa and Sweetheart, leopards which stalked through Bringing Up Baby with Katharine Hepburn; Anna May, veteran jungle-film elephant; Lady, the whooping crane which danced with Shirley Temple in Captain January...
...General James Aloysius Farley would shortly resign to head a rejuvenated Fierce-Arrow Motor Corp. Basis for this talk, which Jim Farley never denied, was a Fierce-Arrow reorganization plan proposed last August and approved by stockholders in September, under which the company would raise $10,700,000 through sale of new stock and enter the medium-priced automotive field under the guidance of "a person of national importance." Last week it looked as though Jim Farley had been saved for the Cabinet, for Fierce-Arrow trustees and creditors sadly obtained from a Buffalo court an order for the company...
...petition for a conference to establish fair trade practice rules, chose April 26 as the day, Detroit as the place. On the agenda, among other things, said FTC, are "various forms of misrepresentation, including misleading illustrations; use of fictitious prices and terms of sale; false invoicing; coercion; commercial bribery; finance charge 'packing,' and price discrimination...
Hercules has $131,000,000 worth of insurance in force. In Chicago, however, the first financial reaction to the sale was not as an insurance deal but as a banking deal. For La Salle Street was thinking of the 15,000 shares of Continental Bank stock in the Hercules treasury. And Mr. Giannini officially retreated behind the Great Divide when Transamerica sold Manhattan's old Bank of America to National City in 1931. By that deal Transamerica became National City's biggest stockholder, and in 1933 A. P. and his friend John Francis Neylan went on the National...