Word: absorb
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Dates: during 1920-1929
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...employs the current issue of The Forum to paint a dark picture of the future of daily journalism in the United States. The daily newspaper, he says, is disappearing, and he adduces figures to support his contention that the chain system that has standardized American groceries is threatening to absorb and standardize American newspaperdom...
...inconstant. Burlesque competition, movie competition, changing conditions in the whole amusement business forced changes. Colored shows, straight dramatic shows, strange hybrids he added to his wheel. Yet, owing to enmity of the Mutual, the gamble grew for each. Sam Scribner decided to stop trying to outclass the field and absorb it. This done, he becomes chairman of the United Burlesque board, will now devote much of his time to golf. President of the new combine will be able "Izzie" Herk, long a leader in the business, since 1922 head of the opposing Mutual Circuit...
Banks. In San Francisco, directors of the Crocker First National Bank and of the Crocker First Federal Trust Co. have decided to absorb the Humboldt Bank. Humboldt directors have agreed. The enlarged Crocker First National Bank will have resources...
Banks. Stockholders of the Chase National Bank voted to absorb the Mutual Bank in Manhattan. Mutual stockholders had already agreed. The transaction gives Chase National and its affiliated Chase Securities Corp. capital, surplus & undivided profits of more than $134,000,000. The Mutual bank office becomes Chase's 21st branch in New York City. (Chase also has three foreign branches...
Less momentous were last week's negotiations for the Seaboard National Bank to absorb the New Netherlands Bank in Manhattan. Seaboard, which does a large domestic and foreign business, has been rapidly expanding. Recently it raised its capital from $6,000,000 to $8,000,000. Its surplus and undivided profits are $12,000,000. New Netherlands will bring $600,000 additional to its capital...