The day when investors or financiers could afford to stick up their noses at the "specialties" has long since passed. Few better instances of this fact have appeared than the Gillette Safety Razor Co.
Only a few years ago, Mr. Gillette started his business with $5,000 capital and a new, practical idea. The statement of his company as of Dec. 31, 1923, shows a corporation of 334,215 shares with a book value of $85.48 apiece, or $28,570,884 in all, and earning $25.16 on each share.
The apostle of the close shave is under no necessity...
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