Word: schwab
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...year of the Depression. "There is a decidedly more encouraging outlook," he purred. "My question is not answered," snapped the woman. "If you were to wipe out the salaries of all the general officers of the company," the officer replied, "it would amount exactly to 6? a share." Priceless Schwab. Salaries were also the sorest subject at a stockholders' meeting in Newark. The Federal Trade Commission two months ago listed Chairman Charles M. Schwab of Bethlehem Steel as the highest-paid executive in the U. S. in 1932, bonuses excluded. He received...
...head of the biggest U. S. corporation was by no means the highest paid. President Walter Gifford of American Telephone & Telegraph had his salary cut from $229,167 to $206,250 last March. Highest straight salary for 1932 was $250,000, paid to Charles M. Schwab as board chairman of Bethlehem Steel. President Cornelius Francis Kelley of Anaconda Copper got $249,232 in 1932, against $345,000 in 1929. Eugene Gifford Grace of Bethlehem Steel got a $1,600,000 bonus in 1929 but his $12,000 salary had been upped to $180,000 for 1932. That year George Washington...
...72nd birthday Charles Michael Schwab revealed that he was "lightening his load" by retiring as president of Manhattan's Whist Club and "only spending several hours a day" as board chairman of Bethlehem Steel. "But I'm not through playing bridge nor have I quit the Bethlehem Steel Co." said he. "I will always get a kick out of cards, and as for the Bethlehem Company-that is my monument...
Birthdays. John E. Andrus (Yonkers' "millionaire straphanger"), 93; Elihu Root, 89; Charles M. Schwab, 72; Temple University...
...commission house in Paris and London. His friends and former clients ranged from Cineman Winfield Sheehan and Steelman Charles Michael Schwab to Lady Mendl (Elsie de Wolfe). Since 1931 when the House of Pynchon fell (borne down largely by the collapse of General Theatres Equipment securities), Banker Pynchon has lost his mansion at Greenwich. Conn., his yachts, his millions. Shrunken security values have reduced the settlement which Pynchon creditors expect to run about 25? on the dollar, denying him the chance of saving any stake with which to recoup his fortune. Wall Street, feeling that Mr. Pynchon had failed with...