Word: pritchards
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...directors of General Motors Corp. last week accepted the resignation of one member of the du Pont family as their chairman and straightway elected his brother in his stead. Outgoing was brother Pierre; incoming was brother Lammot. The directors also heard President Alfred Pritchard Sloan Jr. report estimated 1928 earning of $276,468,108, an increase of some $41,000,000 over...
...Alfred Pritchard Sloan Jr., $1,000,000, Cox & Stevens and John H. Wells, Inc., Pugsey & Jones at Wilmington...
...Alfred Pritchard Sloan Jr., president of General Motors, before sailing for Europe on the Olympic last week, issued a long statement, of which the meat was that General Motors would cut a very fat melon in November. The stock did not soar, because some such statement had long been expected in Wall Street and the stock had already completed a steady rise...
...Alfred Pritchard Sloan Jr., president of General Motors Corp. Reason: "As stockholders in the United States, have we not received excellent dividends in the way of reduced taxes, quite general prosperity? Why, then, is a change logical?" Mr. Sloan admitted that "observance of prohibition laws is far from satisfactory," but he is "thoroughly convinced that prohibition has increased our national efficiency...
...against 840,481 last year. Out of its plenty, General Motors made a great and generous gesture. It dickered for a time with Metropolitan Life Insurance Co., then announced a contract for a $400,000,000 life, sickness and accident policy, open to any employe from President Alfred Pritchard Sloan Jr., to Jacob Hazay, who works a grinding machine at the Detroit plant. Jacob Hazay earns $32 a week. To share in the insurance plan, he must pay a premium of $1.50 a month, or about one cent on every dollar he makes. If he dies, Mrs. Hazay will...