Word: corps
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Dates: during 1920-1929
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Second star witness was Charles Michael Schwab, benevolent-looking Chairman of Bethlehem Steel Corp. He declared that he would like to see every battleship sunk, he never met Mr. Shearer so far as he recalled, regarded his employment as unwise. Said...
Unusual was the Continental Chicago Corp. in one outstanding feature. According to Mr. Reynolds, it was not designed to speculate in securities but was established primarily to assist Continental-Illinois' 40,000 commercial customers. Said Mr. Reynolds: "There are innumerable instances where a company is not entitled to commercial bank credit . . . and is in no position to go to the securities market. . . . Yet it is entirely sound and worthy of banking cooperation. . . . We know from experience that there is keen need for this additional banking service, that it is entirely sound and extremely lucrative. . . . There will be [in Continental...
...Detroit Stock Exchange one day last week Bank of Detroit opened 120 points higher than it had closed the night before. Union-Commerce Corp. varied 39 points during the day's trading. Other banks' stocks danced, jumped, oscillated. Half an hour after the market closed, the reason for these gyrations became evident. Officials of Guardian Detroit Group and Union-Commerce Corp.?two of Detroit's biggest banks ? announced their merger. Furthermore, the merged bank planned soon to acquire Bank of Detroit and eight smaller institutions in and around the city. With capital assets of $75,000,000, deposits...
...metal. A little carbon added yields hard steel. Steel plus a trifle of manganese gives an alloy hard enough, when fabricated into rails, to support heavy subway traffic. If with manganese steel a bit of molybdenum is mixed, the alloyed steel is still harder. G. M. Eaton of Molybdenum Corp. of America advised railroads to use the molybdenum steel for rails. It would support the heavier locomotives and trains that U. S. transportation is requiring. X-rayed Metals. Use X-rays for detecting blowholes, pinholes, porosity, shrinks and refractory and other foreign matter in metal castings, particularly those made...
...Baltimore at her 100th anniversary (1829) fell in step with the very first U. S. railroads. At her 200th anniversary celebration last week (see p. 16) she was not only in step with the newest transportation, aviation, but well up at the head of the march. Items: The Aviation Corp. last week bought a $500,000 factory site to build Dornier all-metal transports; Glenn L. Martin Co. was to move into its new plant this week; Curtiss-Caproni Corp.'s new factory was almost completed; Berliner-Joyce Aircraft Corp. had just completed its first commercial biplane; Doyle Aero Corp...