Word: bargaining
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Dates: during 1940-1940
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...Haven & Hartford was sold for $1,875 (6¼? a share), or $675 less than the seller (possibly Pennroad Corp.) had to pay in commissions and transfer taxes. Corn Products Refining Corp., which pays a $3 dividend and sold as high as $65.12 this year, went at a bargain near its eight-year...
Last week Leadville was all keyed up. On a bright, brittle December morning, its townspeople gathered in their old two-story red courthouse to attend what was potentially one of the greatest bargain sales of all time. Climax Molybdenum Co.'s Bartlett Mountain mine, which contains about 90% of the world's known supply of molybdenum, was to be knocked down for its unpaid 1939 county taxes: $294,938.75, including interest...
...collecting. In 1939, they quadrupled the company's assessed valuation (from $4 million to over $16 million) and almost tripled Climax's bill, although the tax rate was lowered. When the county advertised the mine for sale to satisfy the tax claim, Climax advertised too, warned any bargain seekers that the company "wholly denied, challenged and controverted" the county's right to sell. Lest such legalistic language obscure the point, a Climax attorney explained: "We're telling anyone who might try to buy . . . that he would be buying himself a lawsuit...
...than the cook was a Greek, swept into the captain's office and wanted to know how much it would cost to bust up the galley. Much to the troublemaker's amazement, the "Old Man" sat down and seriously began quoting various prices, tried to show the bargain value of some of them. The sailor left for his room back aft in a fog and forgot the whole thing while the captain still sat around and pulled at a wheezing corncob pipe...
...Sharpened Fears. Next day Pierce Laval went back to Paris to implement this protest, to bargain for the Lorrainers and on other matters. He might not get his way on everything, but there were two German fears which might win him some concessions. They were: 1) French colonies in Africa might somehow fall into British hands; 2) French territories in the Western Hemisphere might be"taken"by the U. S. Both fears were sharpened a little last week...