Word: weekes
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Dates: during 1940-1940
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Added to tax-loss selling last week was a new December phenomenon: sales to take profits on stocks which had moved up. Since any change in income taxes would be upward (to pay for the defense program), investors with large paper profits hastened to cash them in at the 1940 rate...
...become operative, ICC's plan must first be approved in Federal court, then be ratified by 67% of the company's security holders. Last week Judge Robert N. Wilkin gave tacit approval to the plan, by overruling objections to it. Tired of fighting, C. & O. indicated it would put no obstacle in the way of ratification...
...Couturière Elsa Schiaparelli has barnstormed the U. S. talking fashions under the auspices of CBS's Columbia Artists, Inc. She also had a profitable sideline in selling her tour wardrobe designs to U. S. dress manufacturers (at $600 apiece plus 7% of the sales). By last week, as she was preparing to Clipper back to France, members of the U. S. haute couture were boiling mad. They were maddest at her continued insistence that the U. S. was too money-conscious to originate its own fashion trends, that Paris, ruled by the Nazis, still ruled the world...
Labor was first to explode publicly. Said Julius Hochman, general manager of potent I.L.G.W.U.'s Dress Joint Board (at a conference of labor and employers last week): "She insulted both our industry and the American women. . . . Unfortunately our industry is not organized sufficiently to meet such slurs, and there was no one to reply to this impudent insult." But there...
Wodehouse's American friends for a long time heard nothing about him at all. This week they learned that he is interned in a former insane asylum at Tost, a small village in the monotonous sugar-beet flatlands of Upper Silesia. Wodehouse has been there since the prison camp was created last September. No Castle Blandings, his prison is a big, brick, T-shaped, three-storied structure with many barred windows, high brick & wooden walls. A small military garrison runs and guards the camp. Central heating is said to be good, sanitation adequate. There are hospital facilities...