Word: banc
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Dates: during 1930-1939
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...department (TIME, March 23). This high bid for all of National's 100,000 shares of stock, was made by Commercial Investment Trust, cash-heavy installment financier. Last week, however, the courts ordered Mr. Pink to reject C. I. T.'s bid, accept one from Banc-america-Blair Corp. for 70,000 shares at a slightly higher per-share price...
...president of Chase Securities Corp. and in 1925 chairman of the executive committee of Chase National Bank and Chase Securities Corp. In 1927 he suddenly resigned and practically retired from active business. Two years later he accepted the presidency of Interstate Equities Corp.. an investment trust sponsored by Banc-america-Blair. Fortnight ago Interstate was sold to youngish Wallace Groves, an independent capitalist who got his start in the small-loan business, but Mr. Tinker remained as president...
...testimony to the sorry times. Otis & Co., from which 14 partners have resigned this year, headed syndicates totalling $3.500.000 against $93,975.000 in the same period last year. Goldman, Sachs & Co.'s figures were $8.000,000 against 1930-8 $12,500,000, 1929's $95,851,000. Banc-america-Blair Corp. dropped to $5,000,000 from $33,500,000 in 1930, $153,500,000 in the same period...
...three and one-half of NAT stock. This offer was quickly, flatly rejected (TIME, April 14). To the Curtiss-Keys group, active as such in aviation since 1920, United Aircraft seemed a shade Napoleonic.* While denying any desire to command the industry, Curtiss-Keys, with 13 companies, backed by Banc-america Blair Corp., was recognized as the No. I group of U. S. aviation; United Aircraft as the contender...