Word: takings
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...years ago smart, eccentric Irving Salomon, president of Michigan City, Ind.'s Royal Metal Manufacturing Co., looked at his annual business (manufacturing chrome-plated metal tubular furniture) and found it about right: $100,000 profit on $1,500,000 gross. He decided to hold it right there, to take no business over that amount, never to be lured into the risks and discomforts of expansion. Through Depression II there were no layoffs at his $580,000 plant. And every year since 1934 Royal's net has just topped...
...years big Melville Shoe Corp. (No. 1 U. S. shoe retailer; sales: 10,000,000 pairs of shoes, 12,000,000 pairs of socks) and J. F. McElwain Co., Nashua, N. H., shoemaker, have got along fine. The arrangement between them has been that Melville contracts to take most (now 92%) of McElwain's yearly output, to be sold through its 652 Thom McAn chain stores. Under the plan the factory sold shoes to the distributor at cost, took a percentage of net profits from sales. This streamlined combine, which eliminated all conflict between the two main branches...
...their cooperative enterprise permanent, remove any possibility of a bust-up. The deal: 1) Melville to acquire all of McElwain's outstanding 16,966 7% preferred and 104,726 common shares; 2) Melville stockholders to submit to reclassification of their 99,992 6% preferred, 404,722 common shares, take shares of the new company in return...
...cheeked son, Gary Bok, agreed they wanted no Plan that might precipitate a stockholders' scrap. Curtis bankers sat down to figure out another Plan, were rumored to be planning sacrifices for the common holders to make up for the wounds that the preferred is bound to have to take...
...even, unemphatic clarity and selective power, Sandburg adds incident to incident, utterance to utterance, personality to personality until he recreates the wild winter of 1860-61, when the election of Abraham Lincoln, on a platform committed to the limitation of slavery, aroused the fire-eaters of the South to take their States out of the Union. History that is considered an old story takes on new body and quality in such bits as this...