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...brokerage houses have failed or have been forced into shotgun mergers. Last week the big Dempsey-Te-geler & Co. was ordered into liquidation by the New York Stock Exchange. Exchange officials disclosed that nine other firms are so near failure that they have stopped or may soon be forced to stop doing business with the public. In addition to Dempsey-Tegeler, four are formally being liquidated: McDonnell & Co., Gregory & Sons, Baerwald & Deboer, and Amott, Baker & Co. The other five?Meyerson & Co., Fusz-Schmelzle & Co., Blair & Co., Orvis Bros. & Co., and Kleiner, Bell & Co. ?are headed for liquidation because...

Author: /time Magazine | Title: Business: Change and Turmoil on Wall Street | 8/24/1970 | See Source »

Similarly, Dempsey-Tegeler arranged last March to borrow $7,000,000 from Denver Oilman John McC. King. The loan consisted of stock in King Resources Co., which explores and develops oil and gas prospects. As those shares plummeted, Dempsey-Tegeler fell apart. Last week John King was also in financial trouble, and he resigned as chairman of both King Resources and the Colorado Corp...

Author: /time Magazine | Title: Business: Change and Turmoil on Wall Street | 8/24/1970 | See Source »

...living room," he recalls. "A spitter's greatest joy lies in hitting the moving target, preferably cats, chickens or snakes. You ought to see a cat run when you spit in his eye." Today he is semiretired, but his presence at the contest is something akin to Jack Dempsey ringside at a heavyweight title bout...

Author: /time Magazine | Title: American Scene: The 16th Annual Tobacco Spit-Off | 8/17/1970 | See Source »

Judges were C. L. Barber, dean of Humanities at the University of California, Santa Cruz; Ron Loewinsohn, a poet who has just published a book of collected works entitled Meat Air; and Joanne Dempsey, a tutor in English...

Author: NO WRITER ATTRIBUTED | Title: Harvard 'Senior Wins Summer Poetry Tilt | 8/14/1970 | See Source »

...talk about "current matters before us regarding both foreign and domestic matters." There was no discussion about controlling National Guard trigger fingers; Nixon defended his Cambodian strategy at length. He and Henry Kissinger also chatted informally with Governors Robert McNair of South Carolina, John Love of Colorado, and John Dempsey of Connecticut. On short notice, Nixon dropped in on a meeting of the A.F.L.-C.I.O. executive council, a body that has always been staunch in its support of the war. So it is still, and Nixon took the occasion to report the "enormous success" of the Cambodia venture...

Author: /time Magazine | Title: Nation: Nixon's Campaign for Confidence | 5/25/1970 | See Source »

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