Business & Finance: Bibendum Bonus

Greatest of European tiremakers is Andre Michelin et Cie., which in 1929 for the first time in its history showed a deficit of 8,000,000 francs. But it would take more than that to shrink the grin on the rubber face of "Bibendum," famed Michelin trademark mannikin (see cut). Last week Bibendum's grin spread to the faces of 700 former employes of the Michelin plant in Milltown, N. J. Depressed business forced the closing of the plant three months ago. To the employes was due $700,000 from an...

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