Word: bankes
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Dates: during 1930-1939
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Bernard Marcus, convicted president of Bank of United States (whose executive vice president, Saul Singer, last fortnight had a uniformed chauffeur deliver an oriental rug for his cell at Sing Sing) applied for transfer from Sing Sing to New York State's new wall-less, bar-less prison at Wallkill, which convicts call ''The Country Club." His application was denied because authorities feared his onetime depositors might protest. ∙ While fire swept through the second & third floors of his home near Baltimore. Author F. Scott Fitzgerald stopped rescuing furniture long enough to answer a newshawk...
Three years ago Tennessee's most potent publisher was big, dynamic Colonel Luke Lea, an A. E. F. artillery officer and onetime Senator. Today he is a man stripped and broken by adversity, desperately fighting extradition to North Carolina where a six-to-ten year prison sentence for bank fraud awaits him. With his crony, Banker-Promoter Rogers Clark Caldwell, Col. Lea was strong in State politics. With his able son Luke Jr. who is also fighting extradition and a heavy fine, he ran the Nashville Tennesseeans (morning & evening), the Knoxville Journal, the Memphis Commercial Appeal and Evening Appeal...
...Largest Circulation in the South"-111,000), is so deeply rooted in affairs of the South that even the Lea-Caldwell cataclysm failed to shake it. Good-looking Publisher Hammond, 40, was back on home soil. He had been brought up in Tennessee, got to be a bank vice president in Arkansas whence he was hired in 1922 by Lord & Taylor. Manhattan department store, as its treasurer. Five years later he became president of Gimbel Bros, store in Pittsburgh, there stumbled through a back door to the publishing business when William Randolph Hearst bought the store's radio broadcasting...
...abundantly recorded in the cool abstractions that are indexes. Last week electric power production soared (for the sixth consecutive time), to 91.7% of normal. Steel production, most potent barometer of basic industrial activity, surged up another 3% to 47% of capacity, more than three times the rate last March. Bank clearings went to 6.3% above last year's volume. Carloadings in three months have risen from 20% below 1932 to 12½% above. Automobile production in May was the largest in 22 months and precisely twice last year's figure. Six hundred and twenty-one thousand bales...
Employment. And last week though the stockmarket dipped and commodities turned soft, business continued to improve -long after the normal summer decline usually sets in. In San Francisco Amadeo Peter Giannini declared the Depression '"over." upped salaries in his Bank of America, restored dividends. In Akron the tire industry, rounding out its preparations for the National Industrial Recovery Act, topped two increases in tire prices with a 10% wage increase. In Washington the Federal Reserve announced that its index of department store sales stood only 2% under a year...