Word: co
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Dates: during 1920-1929
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Someone had to show faith. The first to do so was T. B. Macauley, president of the Sun Life Assurance Co. of Canada, who said that his company (large institutional stock-buyers) was not selling, was buying (TIME, Nov. 4). Others quickly followed his lead. From Washington Dr. Julius Klein, Assistant Secretary of Commerce, radioed to the nation that its business was sound, that only 4% of U. S. families were affected by the break. Others were Stuart Chase and Irving Fisher, famed economists, Paul Shoup of the Southern Pacific, Bowman Gray of the R. J. Reynolds Tobacco Co., Luther...
...failure to meet their obligations the firms of John J. Bell and Lynch & Co. (Manhattan) were barred from the New York Curb Exchange. In Madison, Wis., H. M. Warner & Co., brokers, closed their doors. In Worcester, Mass., Riley Fitzgerald & Co. did likewise...
...Chicago Philanthropist Julius Rosenwald, board chairman of Sears Roebuck Co. guaranteed the margin accounts of all his employes. Two days later Chicago's public utility tycoon and opera promoter Samuel Insull announced that he would do the same thing. And so did Samuel W. Reyburn, president of Manhattan's department store Lord & Taylor. But the climax came when the wizened little man who lives in the fortressed home in Pocantico Hills, N. Y., said: "My son and I have for some days past been purchasing sound common stock." In memory of many a trader in Wall Street, John D. Rockefeller...
Equitable Trust Co...
...ajar. That is why he left Exeter (1888) and Harvard (1892), to become a good reporter (and later, a good copy reader) on the New York Tribune. And why in 1902, he could bring order out of the chaos of an importing and exporting house which became Lamont, Corliss & Co. (agents for Cream of Wheat, Rainbow Dye, Pond's Extract, O'Sullivan's, Peter's Chocolate), of which he is now chairman. It is why the late Henry P. Davison called him, in 1903, to be secretary-treasurer of the Bankers Trust (Lament: "All my business life I have been...