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While J. P. Morgan & Co. and Kuhn, Loeb & Co. skimmed the cream of railroad financing, Goldman Sachs concentrated on industrials, which to a large extent meant selling stock, not bonds. Its clients include Woolworth, Goodrich, General Foods, Continental Can, The Lambert Co., Pillsbury Flour, United Biscuit, Phoenix Hosiery, Endicott Johnson, National Dairy Products...

Author: /time Magazine | Title: Business & Finance: Cash & Comeback | 11/9/1936 | See Source »

Died. Harry Hayes Whiting, 59, president since 1932 of Pillsbury Flour Mills Co.; of injuries sustained when his horse threw him and fell upon him; in Minneapolis, Minn...

Author: /time Magazine | Title: Milestones, Oct. 12, 1936 | 10/12/1936 | See Source »

...amazing political document, the list contained not 58 different kinds of taxes, but only 16 types, which the Republicans had multiplied by applying them individually at each step in the process of making and selling a loaf of bread. Thus a Federal income tax paid by farmer, grain elevator, flour mill, railroad, flour trucker, baking company and retail distributor counted as seven taxes. Even after multiplication, it was shown that only 13 of the 58 taxes were Federal. The rest were state, county, local or municipal.* Of the 16 kinds of taxes, only three were Federal: On income, on capital...

Author: /time Magazine | Title: National Affairs: Taxes & Truth | 9/14/1936 | See Source »

Time works wonders and today Minnesota is thriving on its wheat and corn and is known the world over for its fine flour though corn...

Author: /time Magazine | Title: Business & Finance: Alchemy of Time | 9/7/1936 | See Source »

...bleak little port of Churchill, Manitoba, on the west side of Hudson Bay last week churned the freighter Firby, bound for England with six passengers, a cargo of wheat, flour, timber. The first ship to clear Churchill this year, the Firby was also the first to carry passengers to Europe under an organized booking service. In the past, passengers have occasionally been taken, usually listed as crew. The new arrangement is the latest Canadian effort to make a paying proposition out of Churchill, which was developed as a port five years ago at tremendous cost, has so far proved...

Author: /time Magazine | Title: Transport: Churchill-to-Europe | 8/17/1936 | See Source »

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