Word: corps
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Dates: during 1920-1929
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Best argument for a pool wishing to move a stock up is talk of "secret processes and patents." Last February the International Combustion Engineering Corp., world's leading manufacturer of boilers, automatic stokers, ash handlers and power plant devices, opened a new plant at New Brunswick, N. J. Function of this plant was to use a newly acquired foreign patent for the distillation of coal, rendering from the fuel valuable gas byproducts, light oil, and a powdered semi-coke for use in steam power plants...
...preferred stock, now dividendless, sold as low as 21 while the common, now Durantless, went to 4. Although both stocks had already suffered during the break, last week's decline had its own reason-"friendly" receivers were appointed as the result of a petition by Bethlehem Steel Corp., said to be a $400,000 creditor. In this receivership there was not evident the aftermath of the market's break, as had been true in the Fox trusteeship (TIME, Dec. 16), nor of poor trade conditions as in the American Piano receivership (see p. 30). There was little reason...
Sender of the C. O. D. consignment is Carl Joys Lomen, President of the Lomen Reindeer Corp., in which are also engaged his four brothers, George, Harry, Ralph and Alfred. He was born in southern Minnesota of Norwegian stock, was raised to follow his father into law. In the summer of 1900, after much persuasion, the elder Lomen took Carl to Nome for the summer. The Nome gold rush was in progress and Lomen Sr. found many a client there while his son prospected the territory. Their visit lasted two years, then father and son returned to St. Paul...
...found that by Government decree no white man could engage in the industry. He learned, however, that the Government would allow a certain contract, due to expire in 1914, to succeed to a white man. Lomen secured it and on the day of his succession founded the Lomen Reindeer Corp. The new company instituted reforms at once, substituted the corral for the lasso,† built a cold storage plant and proper houses for herdsmen. The problems of marking, slaughtering, packing and shipping, which had never occured to the Eskimos, were studied...
...Aviation Corporation, $40,000,000 holding company, announced last week the formation of a subsidiary corporation (name unannounced) to consolidate under one sub-president its transport activities, which constitute 30% of all scheduled air transportation in the land. To head the sub-merger Aviation Corp. chose an expert traffic man, James Franklin Hamilton, president of New York State Railways, Schenectady Railway and United Traction...