Word: corps
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Dates: during 1920-1929
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Chrysler-Dodge. In a dull market, common stock of the Chrysler Corp. and preference stock of Dodge Bros., Inc. assumed leadership, soared 10 points in a single session to new high levels for all time. Wall Street debated: Could the Chrysler-Dodge combine threaten General Motors supremacy? Commenting on results of the merger, E. F. Hutton & Co. noted: "Chrysler obtains a second dealer organization of 6,000. It thus becomes the only automobile company in a position to compete with General Motors in the latter's highly successful plan of a separate dealer organization for cars selling in different...
Studebaker-Pierce Arrow. Stockholders of Pierce Arrow Motor Car Co. met, last week, to approve plans for an alignment (not a merger) with Studebaker Corp., bringing together companies with total assets of $200,000,000, making the fourth largest manufacturing unit in the industry. Studebaker will invest $2,000,000 in a reorganized Pierce Arrow company, call upon its selling organization to increase Pierce Arrow production to 15,000 cars yearly...
...present contract (with Middle West Supply Co., Dayton, Ohio), would add some $5,000,000 to the shearings and scrapings so insistently demanded by Budgeteer Herbert Mayhew Lord. Postmaster General New named a committee to study the bids, probably to recommend awarding the contract to the low International Envelope Corp., subsidiary of the (world's largest) International Paper...
Engaged. James Joseph ("Gene") Tunney, 30, retired world champion heavyweight fisticuffer; to Mary Josephine Rowland Lauder, 21, of Greenwich, Conn., granddaughter of the late George Lauder, who was first cousin of Andrew Carnegie & organizer of Carnegie Steel Corp...
Died. James B. Laughlin, 64, executive Committeeman, onetime (1914) treasurer, and grandson of Founder James Laughlin of the Jones & Laughlin Steel Corp. of Pittsburgh; in Hyannisport, Mass...