Safeway outlines plans for larger stores and 1000 new locations
Warren, Safeway Stores, Inc. president, reports 1949 sales dipped but net profit rose to 14.37 million with per share earnings 5.22. The company plans 1000 new stores in five years, modernizing existing ones, adding larger parking and self service meat, frozen foods and distribution centers. No expansion into new territory is planned.
MENTIONED IN THIS ARTICLE
Lingan A’ Warren
Safeway Stores, Inc
Safeway
Warren
United States
U.S
Deficit Financing Echoes Bank Embezzlement Tale
The column links a Texas banker's embezzlement to federal deficit financing. It cites Treasury Secretary Snyder borrowing over 3.2 billion since last June to fund government spending. It notes investors bought three year notes, making short term loans to the government.
MENTIONED IN THIS ARTICLE
Texas
Treasury
John Snyder
Anv
Newspaper
Dispatch
Snyders
Snyder
Warrén outlines buy-build-sell-lease plan for expansion
The company will use a buy build sell lease program with equipment financing and merchandising plans to limit land and building investments to a revolving fund of about 10 million dollars. This approach aims to add conveniences for customers and support the ongoing building program.
MENTIONED IN THIS ARTICLE
Warrén
The Danger of Deficit Spending and a French Precedent
The piece warns that continued federal deficit spending risks national chaos and likens it to 1780s France. It cites Necker's cheap money schemes and eventual bankruptcy, urging tax increases or budget cuts to avoid financial collapse.
MENTIONED IN THIS ARTICLE
Treasury
America
France
Jaques Necker
Necker
Frustrated talk on loans and salary raises today
A fragmentary dialogue touches on loan interest, government debt, and delaying financial problems. A stenographer mentions a salary raise, prompting curiosity. A joke about glasses and vision ends with a quip on overfilled spectacles.
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