Word: demmler
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...became a member of the Securities and Exchange Commission in 1953. was named chairman of the SEC by President Eisenhower. Armstrong, a Harvard graduate ('38), got his law degree there in '41 and served as a Navy lawyer during World War II. He replaces Ralph H. Demmler, 50, chairman since 1953, who is returning to a private law practice in Pittsburgh. Andrew D. Orrick, 37, regional administrator of the SEC's San Francisco office, was nominated to fill the commission vacancy caused by Demmler's retirement and Armstrong's promotion. ¶Brigadier General Kenneth...
...short sales, whether he holds the stock a day or a year. Commented Chairman Fulbright: "Well, that certainly is news to me . . . That is quite a discouragement to short selling, isn't it?" Clean Record. Was anything really wrong with the market? Securities and Exchange Commission Chairman Ralph Demmler gave Wall Street a clean bill of health for its conduct during the big bull market, made it clear that SEC is fully capable of regulating the nation's stock exchanges. From another witness, U.S. Steel Corp.'s Chairman Benjamin Fairless, came more cheerful news. Said Fairless...
When Volpe tried to question whether the plant was needed for national defense, SEC Chairman Ralph E. Demmler shut him off. Said he: "This commission is not ... an appellate court to review [AEC contracts]." At week's end SEC went into overtime sessions to hurry along the hearings, and the chances seemed good that SEC would okay the stock issue. Dixon-Yates must then file for approval of its $99,915,000 loan. After that stands the biggest hurdle of all: a Democratic Congress, which has already promised to give the contract a third going-over...
...Ralph H. Demmler, 48, of Pittsburgh, was finally cleared by Pennsylvania's Senator Ed Martin as a member of the Securities & Exchange Commission. He will take over the chairmanship. Son of a well-to-do family (Demmler Brothers Co., distributors of sheet-metal products), Ralph Demmler attended Allegheny College and the University of Pittsburgh, was admitted to the Pennsylvania bar in 1928, and became a specialist in corporate and banking law. No stranger to SEC procedure, Demmler worked with the commission on cases involving Pittsburgh's Mellon National Bank and Trust Co. and the Duquesne Light Co., handled...
...soon be short of a working quorum because of a patronage squabble. Philadelphia Lawyer Ralph Demmler is slated to become chairman, but Senate approval of his appointment has been held up by Pennsylvania's Senator Ed Martin, who is irked because Ike's aides neglected to check with him. Meanwhile, Commissioner Richard McEntire and Chairman Donald Cook are ready to step down, leaving only two commissioners-not enough, under law, to run SEC. Eisenhower's choices to fill the gaps: Democrat Andrew Jackson Goodwin, an Alabama banker, and J. Sinclair Armstrong, a Chicago lawyer...