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Sandy Houseton, Bill Drucker, Bus Curwen, and Mac McCutcheon will lead the '48 mermen against the Indian Freshmen who although untried, are reputed to be weaker than usual...
...husky, smiling Warren Courtland Mac Farlane. In 1933, when Messrs. Peek and Johnson were sowing the seeds of the New Deal, the accident of Depression put Minneapolis-Moline $1,541,000 in the red and a motor accident broke President Mac Farlane's back. Two years later Minneapolis-Moline netted $170,000, and indomitable President Mac Farlane, in his wheel chair, flew 15,000 miles around South America drumming up business. In 1938 Minneapolis-Moline had a profit of $727,000, and President Mac Farlane was riding horses for amusement...
Last week President Mac Farlane issued Minneapolis-Moline's 1939 report (for its year ending Oct. 31). During the year his company's sales dropped 8%, rather a good record since the sales of farm implements generally fell 10 to 15%. While late in 1939 U. S. business volume increased so that many companies passed the point where the velvet begins, Minneapolis-Moline's decline for the year took it back below that point. Its 8% drop in business was accompanied by a 91% drop in profits...
...earnings were $64,000, just about 10% of the amount needed to pay its preferred dividends. Having passed preferred dividends before, the company now owes $38.98 back dividends on its 98,700 shares of preferred. Well might Mr. Mac Farlane regret that in booming 1937 his recapitalization plan to reduce preferred requirements from $6.50 to $5.50 and buy off preferred claimants fell through because it was not completed before the bull market collapsed...
Following Burr's outside kickoff, Torbie Macdonald took the ball from his 35, slanted over tackle, and was finally stopped 25 yards later by the Eli safety man. A first down pass from Torbie to Mac Kinney brought Harvard up to an inch of a first down. Spreyer made that much on Harvard's first down...