Word: co
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Dates: during 1920-1929
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Elected. Herbert Farrington Perkins, first vice president of International Harvester Co.; to be president, succeeding Alexander Legge, new-chosen chairman of the Federal Farm Board...
Died. William Symes Andrews, SI, of Schenectady, N. Y.; electrical engineer, longtime chief assistant of Thomas Alva Edison, oldest employe of General Electric Co.; in Schenectady...
...resignation of Baron Giichi Tanaka, grizzled seadog, and the advent of Yuko Hamaguchi, tall, shaggy economist, as Prime Minister of Japan (TIME, July 8), seemed last week to portend two changes of international interest: 1) increased calm in China; 2) Japan's co-operation at the imminent five-power naval reduction conferences...
Bond & Share Family. Reports said that potent Electric Bond & Share Co., which lately voted shareholders rights to subscribe to some $66,000,000 of new 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...
Eaton. Persistent through denials was the rumor that Cyrus S. Eaton, Cleveland steelman and banker, had purchased working control of United Light & Power Co., midwestern utility with $500,000,000 assets and 1928 gross earnings of $89,000,000. The report was that the Eaton purchase was from the Koppers-Mellon interests. Reports also mentioned the Insull, Bonbright and North American Power & Light interests as United Light & Power purchasers. Cyrus Eaton is called "rich as Mellon" by Clevelanders. Whenever anything really big seems to be stirring in Northern Ohio, rumors mention his name. Last week's Eaton utility rumor...