Word: woolens
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...William Bishop Warner and Lionel J. Noah did not become masters of American Woolen Co. for love of the woolen business, for a desire for higher salaries, or even for the honor of running (he biggest woolen company in the U. S. Mr. Warner, an expert on merchandising and style promotion, had a good salary and plenty of honor as president of McCall Corp. Mr. Noah was said to be getting $50,000 as vice president of Gimbel Bros., Philadelphia. The thing that clinched their bargain with American Woolen was the right to collect a bonus of from...
...Warner became chairman of the executive committee at a salary of $30,000, Mr. Noah president at $100,000. Neither of them had ever run a woolen mill. They had to get along on their salaries alone the first year when American Woolen lost $2,800,000 and the second year when it lost $7,200,000. But profits for the third year (1933) were $7,053,000. Mr. Warner collected $170,000 in bonuses, Mr. Noah $273,000. They were sorely disappointed when American Woolen flopped back into the red in 1934. But they were not nearly as disappointed...
...holdings were scattered from Cobalt Lake, Canada to Peru. They included Inspiration Mine in Arizona and Indian Motorcycle Co. He financed lead, zinc and coal mines, street railways, handled the sensational Midvale Steel financing during the War when the stock rose from 290 to 500. He refinanced American Woolen Co. and Tobacco Products Co., launched Cuban Cane Sugar Co., got control of Pierce Arrow Motor Car Co., organized Submarine Boat Corp. and the Wright-Martin Aeroplane Co. Fat, good-natured, bald, a tireless worker, a devoted family man, Thompson chewed tobacco, underpaid his employes and, as one of the greatest...
Good news in Moscow last week: since the first of the year butter has declined from 29 to 27 rubles per kilo; pork from 20 to 18; beef from 14 to n; men's suits from 425 to 220; and the better grade of women's woolen dresses from...
...Chairman Warner owns 310 shares of preferred. Both he and President Noah have a contract to collect from 2 ½% to 6% on all American Woolen earnings over $2,000,000. Last year American Woolen lost $5,000,000. Mr. 'Warner also receives $134,553 as president of McCall Corp. (McCall's Magazine...