Word: co
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Dates: during 1920-1929
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Last week it appeared that the B. & O. had waited too long, that another railroad had stepped in to make the Canton dream come true. For Canton was sold (price, $13,000,000) to American Exchange Securities Corp., investment affiliate of Manhattan's Irving Trust Co. Obviously the bankers were acting as agents, but for whom they would not state. After many questions, denials and guesses, however, it was stated, unofficially but definitely, that the purchaser was not Baltimore & Ohio but Pennsylvania R. R. Whether the Pennsylvania would keep Canton for itself or sell it to the friendly Wabash...
American Brake Shoe & Foundry Co., formed Absco Corp. to distribute 40,000 shares among executives and other employes. Shares were to be bought from Absco at $48. American Brake Shoe and Foundry closed last week...
Largest U. S. alcohol company is United States Industrial Alcohol Co. But U. S. corporations interested in alcohol include potent E. I. du Pont de Nemours & Co. The du Pont Company owns 50% of Eastern Commercial Alcohol Corp. Last week U. S. Industrial Alcohol Co., expanding, planned to purchase the other 50% of Eastern Commercial Alcohol Corp. The purchase was to be made from National Distillers Products Corp., which also controls Kentucky Alcohol Corp., second largest U. S. alcohol company, and Old Time Molasses Co. It was also expected that these two subsidiaries would be included in the sale...
...York two large institutions, the Chase National Bank, the National Park Bank, at meetings of their respective boards, agreed to consolidate. Total resources of $1,200,000,000 will make the new company the third largest banking institution in the country, exceeded only by the Guaranty Trust Co., National City Bank. In point of total capital funds, it will be the largest with...
...Gates fortune was making a hurly-burly in the Gatesian town of St. Charles, Ill. There a new post-office is to be built. Mrs. Delora Angell Norris, niece of the late Mr. Gates, who received most of the Gates estate and controls some $80,000,000 (Texas Oil Co.) wants it built on the East bank of the Fox River, where she owns a community house, a cinema theatre. But E. J. Baker, brother-in-law of the late Mr. Gates, who inherited several other millions of the Gates estate, owns another community house, another theatre and a skyscraper...