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"But I had to buy something, so I could get some change for the exact-fare bus."
"But I had to buy something, so I could get some change for the exact-fare bus."

"But I had to buy something, so I could get some change for the exact-fare bus."

Artist (American, 1900 - 1974)
Date1969
ClassificationsCartoon
Mediumcrayon ink
DimensionsObject: 9 1/8 × 9 1/2 in. (23.2 × 24.2 cm) Sheet: 9 1/8 × 9 1/2 in. (23.2 × 24.2 cm)
Credit LineMary Petty and Alan Dunn Bequest
Object number1979.1637
"Now look - International has a net quick of $15 per share. Its market price is $10, book is $36.65. Our net quick is $8; our book is$22, and at market we are selling for $25. So to start with we offer them one share of ours for two of theirs. That's five bucks premium. Can they turn it down? So they turn it down. Then we say, O.K., we'll buy the assets. We'll give you $1 million for your plant, which stands at $3,900,000 net. That wipes out all the water, gives them a fine tax carry-back. Then we give them 80 per cent of net inventory and accounts receivable - that's another $4 million. Another nice tax loss for them. So we pay 'em $5 million. There's nothing complicated about this except - say, where do we get the turn-around money"
"Now look - International has a net quick of $15 per share. Its market price is $10, book is $36.65. Our net quick is $8; our book is$22, and at market we are selling for $25. So to start with we offer them one share of ours for two of theirs. That's five bucks premium. Can they turn it down? So they turn it down. Then we say, O.K., we'll buy the assets. We'll give you $1 million for your plant, which stands at $3,900,000 net. That wipes out all the water, gives them a fine tax carry-back. Then we give them 80 per cent of net inventory and accounts receivable - that's another $4 million. Another nice tax loss for them. So we pay 'em $5 million. There's nothing complicated about this except - say, where do we get the turn-around money"
Alan Dunn
1954
"What a dreadful twelve days! Not a bus or a subway was running, taxis were impossible, and if I wanted to go anywhere I had to walk!"
"What a dreadful twelve days! Not a bus or a subway was running, taxis were impossible, and if I wanted to go anywhere I had to walk!"
Alan Dunn
c1966
"So you don't want any part of the world my generation has made? Well, I think I can do something about that, son."
"So you don't want any part of the world my generation has made? Well, I think I can do something about that, son."
Alan Dunn
1966
"So you're a Save the Thirty-five-cent Fare! I'd like you to meet Mrs. Hawes. She's a Save Long Island Sound."
"So you're a Save the Thirty-five-cent Fare! I'd like you to meet Mrs. Hawes. She's a Save Long Island Sound."
Alan Dunn
1974
"I cud not understand why the doctors made so much fuss about my teeth but it is all clear now since I got some of the beef the army uses in beef stew."
"I cud not understand why the doctors made so much fuss about my teeth but it is all clear now since I got some of the beef the army uses in beef stew."
Alan Dunn
1941
"Here's the latest dope. I just had a call from R.B. We're to rewrite the script, placing the action in Siam. It seems we have some blocked ticals there."
"Here's the latest dope. I just had a call from R.B. We're to rewrite the script, placing the action in Siam. It seems we have some blocked ticals there."
Alan Dunn
1950
"I wish our friends wouldn't strain so to give us something we didn't already have."
"I wish our friends wouldn't strain so to give us something we didn't already have."
Alan Dunn
1971
"Mrs. Hartford's husband had two major operations at one time and oh, Julian! I was so humiliated when I told her you had diabetes."
"Mrs. Hartford's husband had two major operations at one time and oh, Julian! I was so humiliated when I told her you had diabetes."
Alan Dunn
1927
"I suppose in some neighborhoods you get nothing but the Journal American."
"I suppose in some neighborhoods you get nothing but the Journal American."
Alan Dunn
1944
"Once there was a time, my dear, when we had something that could make each other laugh."
"Once there was a time, my dear, when we had something that could make each other laugh."
Mary Petty
1933
"I don't remember Verona very well. I guess I didn't buy anything there."
"I don't remember Verona very well. I guess I didn't buy anything there."
Alan Dunn
1969
"Here's the one - The Coming Armageddon - I wrote it four years ago - I remember I delivered it on a day that rained and only three people came. Why don't I change the wording a bit substituting 'atomic might' for 'military might' and let it solve my problem for next Sunday? After all, Dr. Blahr does it all the time - suppose I just read it to you - you can go right on sewing..."
"Here's the one - The Coming Armageddon - I wrote it four years ago - I remember I delivered it on a day that rained and only three people came. Why don't I change the wording a bit substituting 'atomic might' for 'military might' and let it solve my problem for next Sunday? After all, Dr. Blahr does it all the time - suppose I just read it to you - you can go right on sewing..."
Alan Dunn
1948