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Just such a difference of opinion now exists regarding the automobile industry. The stock market has recently assumed a somewhat sceptical tone on this subject; stocks of prominent motor companies have experienced marked drops. In Wall Street the talk is mostly of overproduction, inflation by sales on part-payment, diminishing margin of profit, increased and bitter competition and similar gloomy matters. On the other hand, the trade in its announcements and its advertising fails to share this melancholy tone. Alfred P. Sloan, Vice President of General Motors, declared sales of his cars to dealers this Spring would be 20% greater...

Author: /time Magazine | Title: Business & Finance: Market vs. Trade | 3/31/1924 | See Source »

...income was $128,176,519, compared with $58,840,801 the year before. After interest, charges and preferred dividends, $83,487,387 (or $16.42 a share) was available for dividends in the common stock, compared with $14,433,778 last year, when the payment of common dividends was made out of surplus. In 1923, compared with the deficit of $10,981,347 of the preceding year, an addition of $54,259,993 to surplus was thus made possible. But the striking feature of the report is after all in the balance sheet. The giant corporation...

Author: /time Magazine | Title: Business & Finance: Impregnable Steel | 3/31/1924 | See Source »

...first installment of their policies, there still remains a considerable number of men who have not paid the initial premium. The policies of these men do not go into effect until the first premium is paid, and April 1 has been set as the final date for the initial payment...

Author: NO WRITER ATTRIBUTED | Title: SENIOR FUND GROWS FAST--TOTAL COMES TO $117,350 | 3/27/1924 | See Source »

...into the discard. Insurance-probably paid up endowment insurance-will apparently be the main feature of the bill. The Democrats took a new angle by demanding a cash alternative. No proposal of this kind has been before Congress in two years on account of the difficulty of meeting immediate payment. Representative Garner, Democratic leader on the Committee, who had previously been opposed to every form of bonus, suddenly came out as a proponent of cash payments. The cash payment alternative was voted down in committee but it is not dead yet. It is practically certain that whatever form of bonus...

Author: /time Magazine | Title: SOLDIER BONUS: Insurance | 3/17/1924 | See Source »

...science, edited for several years past by Dr. George Sarton. The sale for such a magazine is, of course, limited; Isis is in danger of having to discontinue. The aim is to make it the official journal of the new society and send it free to members on payment of $5 dues. The proposed organization will provide a meeting-ground for scientists, historians, philosophers, writers, representatives of special groups like archeologists and medical men who have been writing independently. Dr. David E. Smith, professor of mathematics at Teachers' College, Columbia University, is in charge of the preliminary organization...

Author: /time Magazine | Title: Science: Isis | 3/17/1924 | See Source »

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