Word: tions
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Dates: during 1930-1939
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...funded debt is still $91,000,000. T. G. Lee could do this simple bit of arithmetic: add to $6,000,000 (interest charges), $4,000.000 (guaranteed dividends on the preferred stock of its subsidiary, Armour & Co. of Delaware) and $7,000,000 or $8,000,000 (for deprecia- tion) and the total makes over $17,000,000 that Armour & Co. must earn before it will have any profits to pay dividends on its own preferred and common stock. Adding the fact that some $10,000,000 of unpaid dividends have accumulated since 1931 on Armour & Co.'s preferred...
...chewing gum business- one payable in each of the next four months-at the extraordinary rate of 26 30/95? per share. Not so complicated as it looks, the new rate will result in stockholders getting a monthly dividend of 25? per share as formerly. The odd addi- tion merely represents the 5% tax on dividends collected at source under the new tax law. Thus the Wrigley Co. simplified the problem of figuring out shareholders' dividends, absorbed the tax itself, set a precedent...
...liners a year touch there, most of them unloading onto tenders. The town has protected them with an outside breakwater 27 mi. long, but slowly lost traffic to the great port of Havre up the coast. In 1926 the Cherbourg Chamber of Commerce, fat with embarkation and debarka tion fees paid by U. S. tourists, began to carve out a real harbor with an inside breakwater and two deep-water piers. It raised a huge $2,500,000 Gothic passenger terminal topped by a tower bearing the arms of the City of New York. Prime mover was Cherbourg Chamber...
Others count themselves lucky merely to get occupation outside Hitler's jurisdiction. Last week Kurt Goldstein, Berlin neurologist, was in Switzerland. Ludwig Halberstaedter was in Palestine, where the American Jewish Physicians' Committee and Hadassah (women's Zionist organiza- tion) hope to build a hospital and medical school. German refugees would have staff opportunities with both. Bernhard Zondek, Berlin gynecologist who helped devise a positive test for pregnancy, has invitations from Stockholm and Leyden. Safely back in Manhattan, where he is a naturalized U. S. citizen, is Gustav Bucky, Berlin cancer specialist. Another able medical emigre in Manhattan...
...quiet, friendly surroundings, is following principles of which anybody, Socialist or not, may well be proud. Frequently a guest at this restaurant, I like my eggs and chicken fresh-have you ever tasted its chicken shortcake?- and consider 50 chickens to one set of thieves an example of maldistribu- tion, rightly susceptible to padlocking. E. S. COUSINS New York City Sirs: I have read TIME for several years and have been impressed with its accurate reporting and unprejudiced comments. However in TIME of April 24 an item appearing about Socialist Norman Thomas left the impression a Socialist should share...