Word: bonbrights
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Wendell Louis Willkie, formerly a partner in the law firm of Weadock & Willkie, was elected president of Commonwealth & Southern Corp., big Morgan-Drexel-Bonbright Utility holding company. Bernard Capen Cobb, who has held both the presidency and chairmanship for the last year, will continue as chairman, the corporation's chief executive post...
Floyd Leslie Carlisle, board chairman of Niagara Hudson Power Co, who marched down from Watertown. N. Y. to Manhattan to become board chairman of Consolidated Gas Co., a director in National City Bank and the most potent man in the Morgan-Drexel-Bonbright utility holding company. United Corp., was elected a director of United Gas Improvement Co., whose Philadelphia. Connecticut and New Jersey properties flank the Morgan system...
...President Hoover, who has vigorously defended the Hawley-Smoot Tariff on the stump, was presented last week a petition from 180 economists, most of them college professors, asking him to flex duties downward. The petition's sponsor was Columbia's James Cummings Bonbright. Its gist was that current rates increase unemployment, strangle foreign trade, produce tariff reprisals, delay world recovery -all arguments the President has repeatedly denied...
...Chase National Bank and almost every bank in Rochester advanced $8,500,000 to the company. Rochester Gas is considered a fine property. Niagara Hudson Power Corp.'s Floyd Leslie Carlisle has eyed it with approval. Acquisition of it by A. G. & E. in 1929 disturbed the Morgan-Bonbright-Carlisle utility group...
...Connecticut had, it seemed, received a telegram from no less a personage than Publicist George Barr Baker, faithful friend and volunteer adviser of President Hoover, disclosing the imminence of a "billion-dollar bear raid." The Senate Committee on Banking & Currency, on which Senator Walcott, once a Wall Streeter himself (Bonbright & Co.), is the Administration's spokesman, wanted Mr. Whitney to get up a complete list of persons on the short side of the market, wanted to quiz Mr. Wrhitney on bear practices and the Stock Exchange's rules...