Word: parentes
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...Culver City, Calif.; Hughes Productions (movies); a controlling interest in Transcontinental & Western Air, Inc., and a brewery, the largest in Texas. There is an exceedingly large but unknown amount of cash out of which Howard Hughes paid for his RKO stock. The net income of Hughes Tool, the parent company, is estimated at $8-10,000,000 a year, but since Howard Hughes owns 100% of Hughes Tool he does not have to publish balance sheets...
Universal Atlas is a subsidiary of U.S. Steel, so some steelmen thought that the parent might soon give the cue to abandon basing points in steel and many another industry. But short of more specific orders from FTC, the decision would come hard. To many industrialists it seemed that dropping the basing-points system-and using the alternative of discounts to meet competition-could cause as much trouble as holding on to them. The dilemma had been neatly, if inadvertently, pointed up by the Supreme Court itself...
Habits. The average male graduate is much more likely to be married (82%) than the average coed (62.4%), and his marriage is a little more likely to have weathered the years. The average college parent in the TIME survey has about two children...
...Luckman spent $5 million for another (Hedy Home Wave) that was less well known, planned to change all that by thumping advertising. In branching out last week into food products, Luckman had not gone afield: oleomargarine uses many of the same raw materials as soap (Lever's British parent company, Lever Bros. & Unilever, Ltd., and its Dutch twin already dominate the world margarine market...
...Miss Madeira began teaching English and history in a Washington, D.C. private school. After ten years of it, she was earning $950 a year. Borrowing $6,000, she started her school in 1906 in a rented building in downtown Washington. One month before the term began, a parent telegraphed to ask if there were any openings. Replied Miss Madeira: "All of them...