Word: stockings
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Dates: during 1920-1929
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...open for business. For, although one Manhattan shop blatantly advertises that it fills no prescriptions, 30,000 of the 57,000 are still drugstores in the real sense.* Even Katz's in Kansas City, one of the biggest U. S. stores, with 50,000 separate items in stock, take pride in its accurate prescription work.* The expansion of such department drugstores and of the chains has led many a retail pharmacist to deal purely in drugs. Cleveland has Sherwood's; Manhattan, Timmermann's Apothecary; Baltimore, Hynson, Wescott & Dunning; Detroit, Seltzers; Atlanta, Marshall & Bell; San Francisco, Keck...
Business men, said he last week, should be licensed. The prospective retailer should be given an examination in stock turnover, in markups, in cash discounts, in keeping books. According to Professor Converse, the average corporate life is less than six years and from 45% to 50% of retailers vanish from the merchandising world in less than five years...
...Last week, when Paris correspondents feverishly cabled their great scoop, every well-informed businessman knew about the giant I.T.&T. whose stock had gone up more than 100 points in one year. A year ago, before the Brothers Behn acquired the Mackay telegraph and cable systems (TIME, April 2, 1928), many an executive would have been put to it to explain: 1) What was the International Telephone & Telegraph Corp.; and 2 ) Who were Sosthenes and Hernand Behn...
...National City Bank, was a young man he copied orders for the Western Electric Co. Making several carbon copies legible through the medium of a stub pen required a firm, indeed a strong, hand. Strong-handed, Banker Mitchell is also strongwilled. Last week he halted a collapse on the Stock Market, "slapped the Federal Reserve Board squarely in the face," heard Virginia's Senator Glass demand his resignation from the directorate of the Federal Reserve Bank of New York, announced the absorption of Farmers' Loan & Trust Co. by his National City, and regained his position (briefly lost...
...scarcity that its influence had helped produce. That was why Senator Glass made his "face slapping" remark and tried to read Banker Mitchell out of the Federal Reserve System. What with the Glass outburst and a Federal Reserve Board meeting, the market began April in a nervous condition, and stock averages sweated off over four or five points while call money got up to 15%. The Board, however, did nothing; Secretary of the Treasury Mellon being quoted as saying that neither the rediscount rate nor the Mitchell resignation were even discussed. Merger Mitchell. ''Very interesting," was all that...