Word: chathams
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Scheduled for next week at Manhattan's Hotel Chatham was the beginning of the most advertised, most bitter, most ambitious bridge match ever held. Manhattan card sharps could recall no card contest of any kind quite like it. Though bridge is a four-handed game, this match will be essentially between Sidney S. Lenz, long-recognized bridge authority and Ely Culbertson, young, brilliant, individualistic and-to conservatives-extremely unpopular contract expert. The match was arranged after months of acrimonious wrangling, conducted with due regard to the publicity value of a grudge fight, but also representing a basic disagreement...
...frequently at painting the smug faces of Success. He never lost his fondness for Gypsies and the color of the West of Ireland. He made brilliant little landscapes. He would sneak away from his job at the Versailles Peace Conference to paint the honey-bearded chef of the Hotel Chatham in Paris. He told President Wilson, General Pershing, Field Marshal Sir Henry Wilson what he thought of them and earned the subsidiary nickname of "The Wasp." When he could not stand the idea of drawing another frock coat, he would paint himself again, accenting his pixie face, dressing himself...
...purlieus of brokerage houses last week an alert ear might have heard these things whispered: 1) Irving Trust Co. would shortly absorb $191,000,000-in-deposits Chatham Phenix National Bank & Trust Co.; 2) Chatham Phenix was heavily involved in frozen real estate loans; 3) Chatham Phenix had substantial losses through an investment in Empire State Building; 4) The assets of Chatham Phenix were depleted through the sale of Chatham Phenix Allied Corp., an investment trust sponsored by the bank's securities affiliate (TIME...
Promptly bank officials and Chairman Mortimer Norton Buckner of the New York Clearing House made public statements that Chatham Phenix is in splendid condition. A statement was produced which showed that on Aug. 18 the bank had capital funds (resources minus liabilities) of $32,708,000 although since Dec. 31 its deposits had shrunk some $70,000,000. Attorney Thomas Lincoln Chadbourne, director of the bank and its counsel, called all the ugly rumors lies, spoke of their "utter baselessness, sheer malignancy." He said Chatham Phenix would prosecute Mr. O'Connell to ''the very limit...
...Chatham Phenix Allied was started as an investment trust with the power to do almost anything and $50,000,000 to do it with. It had only about $36,000,000 (a large part in common stocks) in its coffers when it changed hands last week, but this brought to around $75,000,000 the assets of the investment structure controlled by expanding Atlas. Atlas promptly changed Allied's name to Securities Allied Corp. At present the most prominent investment trust which remains directly affiliated with a bank is the $64,000,000 Continental Chicago Corp., identified with...