Word: bonbright
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...stock, planned to form a billion-dollar company to hold stocks of Electric Power & Light, National Power & Light, American Power & Light, American & Foreign Power, American Superpower, American & Foreign Power, though a Bond & Share company, has little community of interest with the other rumorees, carries on only abroad. Superpower, a Bonbright & Co., child, does extraordinarily well as it is. The other three rumorees, however, are direct, lineal descendants in the Bond & Share genealogy of holding companies, sub-holding companies, operators. A move which would merge these, put one in place of three, sounded logical to many...
United Corp. For Mr. Broun to identify himself with the industrial fortunes of United Corp. of Delaware, however, might be called shocking in so famed a Liberal. Incorporated early in the present year, United Corp. was formed as a holding company for the Morgan, Drexel, Bonbright and American Superpower holdings in United Gas Improvement, Public Service Corp. of New Jersey, and Mohawk Hudson Power Corp. The company was designed to "foster closer relations between the great public utility systems of the east"-i. e., to promote utility mergers and consolidations. What would Brown Derby think? How could the Nation approve...
Alfred Lee Loomis, banker (Bonbright & Co.), electro-physicist (effects of high frequency sound waves) had as guest at his splendid private laboratory at Tuxedo Park, N. Y., Professor Charles Vernon Boys, British physicist who for 26 years has been trying to measure the duration of a lightning flash. His tool has been a camera with two lenses revolving on a disk. At Tuxedo Park he finally and happily measured a flash. It lasted one seven-thousandth of a second...
...Bonbright Continental National...
...other directors had agreed to sell out to the American Power & Light Co., for the equivalent of $166 a share. That is, they were trading each of their Montana Power shares for two shares of a new issue which the American Power & Light was issuing; and a banking-syndicate (Bonbright & Co., White, Weld & Co. and National City Co.) was willing to pay $83 for each of those new American Power & Light shares. Mr. Ryan, in Manhattan last week, recommended that other Montana Power shareholders make the trade. They as a group would be getting somewhat more than...