Word: weekes
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Dates: during 1940-1949
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...Last week, as Pete Nehemkis tried (unsuccessfully) to get Mr. Stanley to admit that his firm, managing underwriter for A. T. & T., had parceled out its financing ($580,000,000 since 1935) to a select and fixed group, SEC's quizzer carefully avoided reference to competitive bidding. A question by TNEC Chairman O'Mahoney gave Harold Stanley the opening he was waiting for. With the air of a man starting a lecture, Mr. Stanley sounded off: ". . . The question of competitive bidding is a subject which I would like to go into and talk about at length...
...Last week President Mac Farlane issued Minneapolis-Moline's 1939 report (for its year ending Oct. 31). During the year his company's sales dropped 8%, rather a good record since the sales of farm implements generally fell 10 to 15%. While late in 1939 U. S. business volume increased so that many companies passed the point where the velvet begins, Minneapolis-Moline's decline for the year took it back below that point. Its 8% drop in business was accompanied by a 91% drop in profits...
...trucks in the U. S. average $168,000,000, four times as much as all divisions of Allis-Chalmers-belatedly went out to meet this competition, introduced a new tractor selling at $515. $225 cheaper than any previous International model, only $20 above Allis-Chalmers' small unit. Last week, International Harvester extended its counteroffensive to combines, announced that besides its $725 six-footer, it would now build a four-footer to compete with Allis-Chalmers' $345 42-inch machine. Meanwhile, farm implementing's newest-comer, Henry Ford, stepped up tractor assemblies to 875 a week (price...
...these dilettante stabs at keeping busy convinced Jay Paley that it was time to go to work fulltime. Last week he had his new business. It was a spa, Arrowhead Springs Hotel, in the San Bernardino Mountains near Riverside, 70 miles east of Hollywood, built over hot mineral springs and fitted for healthful Hollywood holidays with everything from mud baths to bars, from deck chairs to ski slides, minimum rates $13 a day (American plan). At Arrowhead for the opening were such gentry as Arturo Toscanini, Ernst Lubitsch, Edward G. Robinson, Sam Goldwyn. A few days later Arrowhead opened...
...from San Francisco, city & county. Because the Fair's new managers think that they can carry the exposition over the winter and rehabilitate it in the spring with $1,600,000, and their expected assets in cash and accounts receivable tote up to $1,725,000, they last week announced that the Fair will try again...