Business & Finance: Deals & Developments

Hub Stores Home. The Lyttons, father & son, were back in control of Chicago's four Hub Stores last week. Henry Charles Lytton, now 86, started the first store 46 years ago with $12.700 capital. He spent $2,500 for fixings, $3.500 for advertising. In March 1929, when the Hub Stores were reported doing a $10,000,000-a-year business they were sold to Fashion Park Associates. Inc., for stock then worth $7,000,000, now worth i/'iooth as much at market prices. How much it cost the Lyttons to buy back their stores was not disclosed.

Father Lytton sat behind...

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