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...growing abilities to motor firms. By 1910 he was President of the Buick Motor Car Co. Later he served four years as President of General Motors. In 1916 he founded the company which bears his name, a business which is the greatest crop he ever grew. Last year its net profits were $16,256,000, and in January, 1926, resulting in the 900% stock dividend. Naturally Mr. Nash was not worried by a little excitement in a big room somewhere in Manhattan...

Author: /time Magazine | Title: Business: Nash Motors | 5/24/1926 | See Source »

Year ending Railway Net Railway Return on Dec. 31 Property Operating Investment Investment Income Per cent...

Author: /time Magazine | Title: Business: Business Notes, May 24, 1926 | 5/24/1926 | See Source »

Contrary to the general idea insisted upon by retail tobacco dealers, the American Tobacco Co. is not "by far the most potent of U. S. Tobacco manufacturers." It certainly is potent. For the year 1925 its net income was $22,238,596, net working capital $87,531,654, cash $19,194,515, inventory $66,897,803. Liggett & Myers is also potent. The same year its net income was $15,289,652, net working capital $98,545,146, cash $18,080,236, inventory...

Author: /time Magazine | Title: Business: Tobacco | 5/17/1926 | See Source »

...most potent is the R. J. Reynolds Tobacco Co. Recently its Chairman William N. Reynolds and President Bowman Gray looked over last year's balance sheet. There was satisfaction, for R. J. Reynolds during that twelvemonth earned net $25,221,579. On Dec. 31 their net working capital was $105,999,434, cash $8,024,866 and inventory $97,168,844. Their net income was the equivalent of $7.44 on $80,000,000 combined common and Class B common of $25 a share, better than their 1924 equivalent...

Author: /time Magazine | Title: Business: Tobacco | 5/17/1926 | See Source »

...tobacco business was enormous and profitable. Twelve firms-R. J. Reynolds, American Tobacco, Liggett & Myers, P. Lorillard, American Cigar, General Cigar, Consolidated Cigar, U. S. Tobacco (snuff), G. W. Helme (snuff), American Snuff, United Cigar Stores (retailers) and Schulte Retail stores-aggregated net incomes of $96,154,158. This was an increase of nearly 14% over total profits of 1924, of about 28% over 1923 and about 29% over...

Author: /time Magazine | Title: Business: Tobacco | 5/17/1926 | See Source »

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