Word: roebuck
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Dates: during 1930-1939
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...pages in the new Sears, Roebuck catalogue, only four advertise books. But Sears, Roebuck is a big factor in one branch of the book business. Since 1920 it has owned a controlling interest in the Encyclopædia Britannica (total sales-1,000,000 sets). First published in Scotland in 1768, the Britannica came under U. S. ownership 35 years ago, barely squeezed through its 12th, 13th and 14th editions, was often rescued by the late Julius Rosenwald when he headed Sears, Roebuck. For its 14th edition, it needed $2,500,000 to keep going. This month veteran Editor Franklin...
...Continental Illinois Bank & Trust Co. In 1929 Continental sold as high as $1,020 a share. In 1933 a share of Continental could be bought for precisely $1,000 less; Mr. Johnson's National Life Insurance Co. was, not surprisingly, in receivership. General Robert E. Wood of Sears, Roebuck & Co., which sells about everything else, decided that this was the time to go into the life insurance business. He formed Hercules Life Insurance Co. and applied to the court for the contract to reinsure National Life's 112,000 policyholders. Along with the 112,000 policies...
Last week Sears, Roebuck's Wood announced that Hercules Life had been sold to Occidental Life. The price: a secret, at least until approved by authorities. Hercules had been "doing all right," said General Wood, but "you can't sell life insurance through a catalogue...
Rejecting the Harvard Engineering Society's proposition that they substitute Sears Roebuck (advt.) vacuum cleaners for the traditional brooms, the Crimson curlers under the leadership of Caspar W. Berger are embarking on a series of strenuous secret practice sessions in an unused wing of Widener in preparation for Saturday, when they cross brooms with a veteran Kendal Home for the aged aggregation...
...year-old spinster named Harriet Monroe began knocking on the doors of wealthy Chicagoans, trying to get 100 of them to pledge $50 annually for the support of a magazine of modern verse. Charles Deering, Samuel Insull, Cyrus McCormick, Charles & Rufus Dawes came in; Julius Rosenwald of Sears, Roebuck stayed out. By June, 1912, she had more than 100 signatures on her five-year pledges, an income of more than $5,200 a year for her magazine...