Word: cushions
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
Straus's undoing was the ballpoint pen. He entered the market too late with a bad product. Eversharp lost $3.4 million in 1947; its stock fell from 25⅞ to 10¼. In November 1946, Straus had bought control of the Schick injector razor, looking for a cushion against hard times. He got a cushion all right (the razor division helped Eversharp show a $1.2 million profit last year), but there was a big pin in it. The pin was R. Howard Webster. To get the razor company, Straus had to take Webster, a big Schick stockholder, into Eversharp...
...since before the depression had the opera rested on such a fat financial cushion. When Mrs. Charles Phelps Taft and Mrs. Mary Emery died, the purse strings that had long supported the opera were cut. Public support all but failed. In 1934, the wealthy patrons were looking for a way to drop their expensive hobby. The A.F.M. local agreed to take it up. Since then, Oscar F. Hild, the union's president, has run the show. One of his shrewdest ideas: the Young Friends of Summer Opera, whose teen-age members serve as money raisers and ushers...
...played third himself. The experiment worked; Keltner began hitting again when he came back. Then Boudreau (batting a frail .243) benched Mickey Vernon and moved over to first base. The Indians perked up and won six straight games, including one in which they built up a nine-run cushion for Feller in the first two innings...
...from March to the lowest monthly total ($16.9 billion) this year. But Sawyer was optimistic : the gross national output, as he pointed out later in the week, was still running ahead of 1948, there was still a strong demand in many lines, and price supports and unemployment benefits would cushion any decline in incomes. For the steelmakers themselves, Sawyer had a special word of cheer. "The Government," said Sawyer, "never intended to take over the steel business." He added that businessmen should be permitted to run their own enterprises without Government interference; after all, said he, "they know more about...
...tracks, did even better. Net profit of $11.2 million was its best ever. As in other years, the profit did not go to Santa Fe but into Western Improvement's surplus, bringing it to $58.8 million. Said Santa Fe's President Fred Gurley: "A handy cushion...