Word: woolworths
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...Sears, Roebuck & Co. for the first nine months this year totaled $151 millions, as against $121 millions for last year-a gain of 25.12%. In the same comparative periods, Montgomery, Ward & Co. show sales of $90 millions and $59 millions-a gain of 51.60% over last year. F. W. Woolworth Co. has run 14.83% ahead of 1922 in the first nine months, with sales of $125 millions against $109 millions. During the same period the S. S. Kresge stores increased their sales 27.57%; the McCrory stores...
...Parsons, President of the F. W. Woolworth Co., sharply disagreed with the fears for future business reflected recently by falling security prices. In his opinion, merchandise prices are stable, merchants well financed and not overstocked and shipments prompt...
Undoubtedly his optimism is justified if only his own Company were taken as a criterion. Mr. Parsons estimated Woolworth sales for 1923 at $180,000,000, compared with a gross of $167,000,000 for 1922. The Company has no bonded indebtedness; it retired last February 100,000 shares of preferred stock at 125 by paying out $12,500,000; also, during 1922 the item of "goodwill" in its statement was reduced from $50,000,000 to $30,000,000 by the use of $20,000,000 from profit-and-loss surplus...
...Friederichschafen, home of Zeppelins, skilled mechanics are now riveting together the enormous frame of the ZR-3, greatest aircraft the word has ever known. The ship (which is being constructed for the American navy) will be completed "in October or November." Estimated in terms of Woolworth's well known building-it would top that building by 93 feet...
...predominance of visitors of this impressionable type causes a good many Americans to lose sight of the fact that there are Englishmen who know world affairs and can discuss something besides their sentiments on seeing the Woolworth Tower...