Word: controllers
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Dates: during 1920-1929
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Along the west coast competition is zero for Pan-American, stupendous for anyone else. Manhattan's Joseph Peter Grace and William Russell Grace, brothers, are the commercial tsars. They control ships (Grace Line), trading companies (chiefly for heavy machinery), banks. Peruvians respect and follow their courteously covered commands. Other west coast nationals do likewise, from Ecuador to Chile...
James Carruthers Masson of Rochester, Minn. (Mayo Clinic) said: "If it were possible to ascertain the number of cases of cancer throughout the country, the number of successful operations and the number of deaths prevented, the evidence most conclusively would support the conviction that the control of cancer is being realized to an increasing extent...
...Radio Corp. was formed, it was organized solely for the purpose of transmitting wireless messages. At that time Great Britain, long dominant in cable communication, was also the outstanding leader in wireless. World's greatest wireless company was British Marconi (Marconi's Wireless Telegraph Co., Ltd.) which controlled American Marconi (Marconi Wireless Telegraph Co. of America), leading U. S. wireless concern. British Marconi was attempting to buy from General Electric Co. exclusive rights in the Alexanderson high-frequency alternator, which first made long-distance radio communication possible. From the Inter-Allied Conference on Radio at Paris to Manhattan...
...Radio Corp.'s realization of the potential profits in electrical entertainment on the largest possible scale. R. C. A. Photophone, Inc. was incorporated in 1927, functioned for the sale and distribution of Photophones. In January 1928, the Keith-Albee and Orpheum theatre circuits merged, the combination also acquiring control of F. B. O. Pictures Corp., cinema producer and distributor. In October 1928, the Keith-Albee-Orpheum combination sold control to Radio Corp. and Radio-Keith-Orpheum, a holding company, was formed. KAO lost money in 1928. The RKO management, with David Sarnoff as Board Chairman, showed an operating profit...
McCall's, third largest in size of woman's magazines, has in recent years been a fast-growing profitmaker for its owners. Profits give publishers ideas. Last week McCall Co. decided to acquire control of Consolidated Magazines Corp., publishers of the fiction monthlies Red Book (circulation, 791,219) and Blue Book (165,903). Louis Eckstein, "the man behind Ravinia,*" president of Consolidated, required 25,603 shares of McCall stock, valued at more than two million dollars, to consummate the deal...