Word: blodgetting
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Power. Charles Augustus Stone, head of Stone & Webster and Blodget (engineers, financiers) last week added a great block to his interstate power structure. He is chairman of the Engineers Public Service Co., a holding company for power manufacturers of the Middle West, Southwest, South and Middle Atlantic States. In the Northwest is the Puget Sound Power & Light Co., which supplies motive power to the Great Northern Railway. Last week Mr. Stone got control of Puget Sound and joined it to his Engineers Public Service Co., whose total assets thereby became...
...originated by Samuel Insull, public utility pope of Chicago. The chief propagandist of the industry has been the National Electric Light Association. Citizens awaited completion of the Trade Commission's investigation and a final verdict from Commission and President. . . . In Manhattan, President Bayard F. Pope of Stone, Webster & Blodget, Inc., made public a survey of U. S. investments in the past five years. Of a total of 34.8 billions invested, public utilities attracted 9.04 billions,-more than any other kind of investment...
...Wealth now amounts to $320,000,000,000; calculated economists of Stone & Webster and Blodget, investment bankers. Since 1890 population has increased from 62,000,000 to 117,000,000; manufactures $9,372,379,000 to $62,700,000,000; farm products $2,460,000,000 to $19,700,000,000; exports $850,000,000 to $4,870,000,000; bank deposits $4,060,000,000 to $48,880,000,000. In 1890 the U. S. owed foreign investors and institutions $600,000,000; now they...
...pound class: D. M. Greeley defeated Blodget (T), by fall...
Stone & Webster, famed New England engineering, construction and securities firm, announced last week amalgamation of Blodget & Co., Boston and New York investment house, with its securities department. The new company, to begin operations Jan. 1, 1927, with $10,000,000 capital, will be known as Stone & Webster & Blodget, Inc. Bayard F. Pope, now partner of Blodget and Co., will be President. This extension of investment-securities interests, said President-elect Pope, was necessary to care adequately for both the investor and Stone and Webster's rapidly increasing engineering-construction work...