Up in the Loft
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When the buyers' market came, Schwab was not caught napping. Since Robert Hall Clothes buys most of its fabrics from other mills and hires other manufacturers to make most of its clothes, it could pick up goods cheaply and make bargain deals with suitmakers. Thus it could balance off the slump in its own textile operations and go after the newly price-conscious U.S. consumer. Said Jake Schwab: "We're the A. & P. of the clothing business, and that's what the business needs most right now."
*First two: Cinemogul Charles P. Skouras, $985,300; Cinemactor Humphrey Bogart, $467,351. *No kin to Robert Hall, a name plucked from the air.
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