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...made $429,000. Slow-spoken, tousled, deliberate, Metalman Marsh wears polka-dot ties, is rarely without a cigar. Before last week he had never received scientific kudos. Never plagued by labor troubles at the Hoskins plant, he worked out an employe compensation plan 13 years ago whereby a generous slice of profits is distributed to his 200 workers every year. Many a Hoskins man has waxed well-to-do ploughing back his bonuses into Hoskins stock, which pays $2 plus extras, sells at about $52 per share on the Detroit Stock Exchange...

Author: /time Magazine | Title: Business: Metalman's Medal | 6/1/1936 | See Source »

...slow starting, Mr. Hopkins had to set up Civil Works Administration to get the jobless through that first New Deal winter. In the second stage (1934-35) Secretary Ickes got an extra $500,000,000 to carry on his incomplete PWA program and Administrator Hopkins got a bigger slice with which, besides doles, to experiment with work relief, surplus farm commodities and rural rehabilitation. In the third stage (1935-36) President Roosevelt himself became the big relief man with $4,880,000,000 to allot as he saw fit. Secretary Ickes got the spending of only...

Author: /time Magazine | Title: RELIEF: Fourth Stage | 5/25/1936 | See Source »

Clearly evident in March quarter motor figures was the trend toward medium and high-priced cars. Low-priced makes gained only 16% compared to a 41%, rise for all others. Though still holding more than 90% of the market, the Big Three (Ford, General Motors and Chrysler) had their slice of the market pared slightly, independents gaining more than the general average. Furthermore, Ford safes fell off 24% from the same period last year. Ford's slump nearly cost the Man of Dearborn second place in the industry, reducing his margin over Chrysler to a bare 6,400 units...

Author: /time Magazine | Title: Business: Statistics into Cash | 5/18/1936 | See Source »

Bland General Chang Chun has very little to do with formulating China's foreign policy. A multi-millionaire many times over, his vast fortune comes from the international opium traffic and a goodly slice of the Chinese national lottery. This has given him no Chinese stigma, for General Chang also controls the Bank...

Author: /time Magazine | Title: EASTERN ASIA: Plots & Shots | 4/20/1936 | See Source »

...revealed that the wholesale division had lost no less than $12,000,000 in the past five years. Butler's President Cunningham, in Florida last week for a quick vacation, must have had a few chuckles over that Field report, for he expects to grab off a fat slice of the business Field has abandoned...

Author: /time Magazine | Title: Business: Modern Jobber | 3/9/1936 | See Source »

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