Word: stocked
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Dates: during 1960-1969
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...some corporations have tried to encourage migration back to the country. For example, McDonnell Douglas Corp. has five plants in Tennessee. Initially, job seekers were local residents, but within a month applications were pouring in from former Tennesseans fed up with city life. The Daisy Manufacturing Co. moved lock, stock and gunbarrel from Michigan to Rogers...
Usury Ceilings. In many states, certain types of loans are becoming almost unavailable because of the low ceilings on interest rates set by usury laws. Margin loans for stock purchases are drying up in such places as Vermont and New Hampshire. In Michigan, which has a 7% usury limit, unincorporated businessmen and partnerships can no longer legally borrow at a rate that lenders will accept. Illinois lenders shun home loans because of the state's 7% ceiling; now the legislature is moving to up the limit...
...Playtex underwear, B.V.D. shorts and, most recently, Schenley Industries. The company had been under the rather tenuous control (14%) of McCrory Corp., a retailing outfit that is 51%-owned by Rapid-American. Thus, by exchanging Rapid securities worth more than $200 million for 62% of Glen Alden's stock, Riklis consolidated his position. "We have come full circle," he said...
Learning How. By "full circle" Riklis means that he has fully recovered from the 1963 disaster-heavy losses and plunging stock prices-that almost cost him his empire. The maneuver strengthens his hand against possible attacks by other acquisition artists. It will also allow Rapid-American, which Riklis estimates earned about $10.9 million last year on revenues of $925 million, to report 62% of Glen Alden's earnings. Last year Glen Alden made a $22 million profit (up from $18 million in 1967) on sales of $788 million...
Touraine stores is an autonomous company whose stock is owned by Outlet. Outside of yearly report, the company has no contact with Outlet, Ehrlich said...