Word: chase
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Dates: during 1930-1939
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...program's listeners said they detested "ultramoder. -" music, and 19% cried out against jazz, the bankers' group hired the Philadelphia Symphony Orchestra, on a.three-year contract. Starting in November, the orchestra will serenade the U. S. public in a weekly concert under sponsorship of Manhattan's Chase National Bank, Chicago's First National. With each concert, the bankers will give what they consider an instructive talk. Beside the metropolitan giants, other banks in Des Moines, Detroit Cincinnati, other cities, will help pay for propaganda, Poet & Peasant and Fin gal's Cave...
Trick of the Yean Last year's outstanding audience-catcher was the Bowes amateur hour, acquired by Manhattan's J. Walter Thompson Advertising Agency from a relatively small station to follow in the footsteps of Comedian Eddie Cantor as nation-wide salesman for Chase & Sanborn's coffee. This season's most unusual big program may be Chase & Sanborn's "Good Will Court" in which downhearted folk step up to a microphone, tell their personal difficulties to municipal judges who pass out good advice. Appeal of this program, which shrewd J. Walter Thompson begins...
...while he was pyramiding his $400,000,000 holding company. In the field of financial pyramiding Promoter Clarke was an architect with considerable imagination. He it was who piled his General Theatres Equipment, Inc. on top of Fox Film early in Depression, a heroic achievement which cost Chase National Bank many a million, sent two members of the New York Stock Exchange to the wall, led to the complete collapse of the original theatre equipment company...
First three in total financing were the three houses which drew a large part of their present strength from the three leading bank securities affiliates of pre-Depression days: First Boston Corp. ($389,000,000), which absorbed the old Chase Harris Forbes organization; Brown Harriman & Co. Inc. ($389,000,000), which includes many an official of old National City Co. as well as onetime Brown Brothers. Harriman & Co. partners; and Edward B. Smith & Co. ($369,000,000), which took in most of the staff of old Guaranty...
...half footed up to $263,000,000. Other ranking houses: Lazard Frères ($168,000,000); Bancamerica-Blair ($156,000,000); Halsey, Stuart ($143,000,000); Lehman Bros. ($137,000,000); A. C. Allyn ($128,000,000); Mellon Securities ($113,000,000); Field Glore & Co. ($113,000,000). Chase National Bank was well up in the list ($136,000,000) with its municipal bond underwriting, which is still permissible for commercial banks...