Word: chase
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Dates: during 1930-1939
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...years ago, Stuart Chase let a good deal of light into this jungle by writing a book called "Your Money's Worth," in which he showed that the individual buyer is hopelessly lost in a Wonderland of conflicting and meaningless claims. Though large consumers, such as great hotels, can command the services of testing laboratories and can lower expenses by letting manufacturers offer bids to their rigid specifications, the unprotected small buyer has none of the technical facilities to make comparative tests. Mr. Chase urged that unbiased information be made available to every intelligent buyer. Recently this has been done...
...year War debt moratorium would be insufficient to get Germany's economy straightened out. He also knows that the European man-in-the-street regarded his moratorium as the first step toward cancelling War debts to the U. S. Such a move has the backing of bankers like Chase National's Albert Wiggin because if foreign governments have to repay their War loans to the U. S., banks like the Chase will have to wait a long time to collect their foreign loans. But Senators like WilHam Edgar Borah of Idaho and Joseph Taylor Robinson of Arkansas were...
Reserve Bank was there. So were Thomas William Lamont (J. P. Morgan & Co.), Albert Henry Wiggin (Chase National), William C. Potter (Guaranty Trust), Charles Edwin Mitchell (National City), George Whitney (J. P. Morgan & Co.). The rich paintings (Rubens, Rembrandt, Reynolds) on the walls may have held their attention for a moment, but an air of tension and expectancy forbade anything except the business on hand. The bankers waited for one man who was speeding toward them from his camp on the Rapidan. President Hoover, discarding all precedent, entered the apartment shortly after his return to Washington. He soon laid before...
...Chase National Bank is still the largest although its combined resources of $2,215,122,471.81 are $214,187,744.70 lower than the June figure. The combined resources of National City Bank and Bank of America (Manhattan) were $2,103,068,276.44, putting Guaranty Trust Co. back into third place with its $1,717,584,871.27. Typical of the high degree of liquidity shown by the large Manhattan banks was Guaranty's statement. Cash on hand and due from banks was 350 millions while Government securities were 333 millions. These two items were a good half of the bank...
Although few major banks have changed dividend rates, bank shares have dropped greatly. Chase National at $45 last week yielded 9% on its present dividend. The $1,000 par stock of San Francisco Bank however was quoted at a fabulous $12,000 per share. Stock in closely-held Mellon...