Word: stockings
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Dates: during 1920-1929
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...future. How much will the U. S. collect next year in income taxes? Mr. McCoy scratches with a pencil, adds, subtracts, consults a sheaf of papers, brings forth an answer. How many cigarets will be smoked? How many men will die to leave large estates? How many shares of stock will change hands? On all these matters, from which the U. S. derives revenue, Mr. McCoy can produce answers. How he does it is his secret...
...merchandise, and the various departments are each under a department manager or buyer. It is his function to select and purchase the goods which his department handles and he is responsible for getting rid of the goods. Under him are his various assistant managers and his heads of stock...
Last week these various bad pennies turned up at a stockholders' meeting of Schulte Retail Stores Corp. The meeting was extremely raucous, with President David A. Schulte centre of the storm. Hecklers maintained that Schulte directors were selling their Schulte stock and that Wall Street knew that Schulte earnings were shrinking before Schulte stockholders had any suspicion that all was not well. To them Mr. Schulte replied that no common dividends might be paid for the rest of the year, that if cut pricing prevailed there might be no dividends for the next five years, that...
...Schulte stock, which had a 1928 high of 67½, has had a 1929 low of 23⅜, was selling last week at around 24. The 1928 earnings were $3.96 a share compared to $4.91 in 1927. Angry, Mr. Schulte threatened to put lunch counters and "novelty" merchandise in his stores, thus (like United Cigar with its Happiness Candy alliance), to alleviate cigaret competition by adding non-tobacco merchandise...
When the Manhattan brokerage house of de Saint Phalle & Co. last month divulged (to customers, thence to prying newsgatherers) its balance sheet, the other 614 member houses of the New York Stock Exchange confessed their surprise. Neither brokerage houses, such as de Saint Phalle, nor banking houses, such as J. P. Morgan & Co., are inclined to follow corporation practice and announce their financial standing. De Saint Phalle & Co., revealed total assets of some $33,000,000. Last week it appeared that the same prosperous, socially prominent de Saint Phalles* would sponsor yet another innovation. Within two months, their office...