Word: shared
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Dates: during 1930-1939
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...working capital last week was Manhattan's R. H. Macy & Co. Feeling that it was smart to be thrifty about the undistributed profits tax. President Percy Straus persuaded his directors to authorize an offering of rights to Macy's stockholders in the ratio of one new share for every ten now held, at a price to be announced. Declared the Macy directors in a statement which might have been improved by Macy's copy department: "It is prudent to raise additional capital at this time to provide against contingencies calling for greater working capital and to provide...
...working capital last week was Manhattan's R. H. Macy & Co. Feeling that it was smart to be thrifty about the undistributed profits tax, President Percy Straus persuaded his directors to authorize an offering of rights to Macy's stockholders in the ratio of one new share for every ten now held, at a price to be announced. Declared the Macy directors in a statement which might have been improved by Macy's copy department...
...margin showed a sharp drop, from 19.8% in 1930 to 14.7% in 1937. Labor and material might be rising but any company that can retain nearly 15? operating profit from each $1 of sales still looked good to Wall Street, and Chrysler stock closed last week at $115 per share, up from the June...
...abandoned mine shaft. Before their startled eyes stood 35 gold ingots, each weighing 50 lb., neatly stacked against the wall. Nearby lay equipment for panning gold and relics of the days of the Spanish conquistadors. Stumbling along the shaft, Van Steck came upon 45 additional bars, refused to share them with his partners, hurried to the settlement to file a claim, leaving native pack drivers on guard. The 80 bars, each stamped with the seal of the Spanish royal crown, are valued at $1,120,000. Dazzled by so much wealth, Hill intrigued with the native drivers, fired...
...Bruce, and Mellon friends including Aluminum Co. of America's President Roy Arthur Hunt, they brought suit against the company's management. Pittsburgh United's President John Hartwell Hillman Jr., who is also president of an investment company which held a block of 130,900 shares of Pittsburgh United common, fought the action tooth & nail. In 1932 a compromise was reached by which a redemption of $110 a share plus accrued dividends on all Pittsburgh United preferred, to be deposited with Peoples-Pittsburgh Trust Co. as trustee, would be made on March...