Word: amster
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...Early this year City Editor Amster Spiro of the Journal saw in Editor & Publisher how Japanese newspapers use carrier pigeons. Promptly he bought eight pairs of pigeons from the U. S. Army, bred & trained them under an oldtime Army expert...
...came into railroad shares last week. Wall Street's explanation: the Coolidge Commission is expected to come put soon with a "hardboiled" report urging that railroads scale down their capitalization. One suggestion Wall street did not expect the Commission to follow was made last week by Nathan Leonard Amster, president of Manhattan (elevated) Railway. He reiterated his plea of long standing: that if all roads were merged into one the railways would save $500,000,000 a year, "enough to practically pay the interest on all outstanding railway bonds." Nor was W'all Street stirred by the outcome...
Thus did Nathan Leonard Amster bring a new entry to the crowded field of interests which are jockeying for position in New York City's plans for unification of all its transit lines (TIME. Sept. 5). The ousted directors represented I. R. T., the subway system which leased all Manhattan Railway's elevated lines for 999 years, and pledged itself to pay interest & dividends on Manhattan securities. When I. R. T. was thrown into receivership, it was an open secret that the chief purpose of the receivership was to break the unprofitable lease of the El. Insurgent Amster...
...ousted board included Banker Charles Hayden, J. & W. Seligman. Partner Frederick Strauss, President Thomas Ignatius Parkinson of Equitable Life. Because Nathan Amster got in on the ground floor of the Chicago, Rock Island & Pacific Ry. reorganization in 1917. is now a member of its executive committee, Wall Street was not surprised that the new board included two Rock Island men. Edward Norphlet Brown, chairman of the executive committee (he is also board chairman of stricken St. Louis-San Francisco) and Peter Gansevoort Ten Eyck. At its first meeting the new board chose Insurgent Amster as president...
...face as wrinkled as a walnut, Nathan Amster says he is "in the financial business." He emigrated to the U. S. at 20, prospected in West Virginia coal fields, drifted west, developed rich copper claims. Wall Street has known him as an independent financier and market operator. He was one of the first men to bull Boston & Maine during the early stages of its rehabilitation. Always keenly aware of the value of publicity, he once advocated consolidation of all U. S. railroads into one huge system...