Word: dye
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Clinton Stephen Lutklns who left the Stock Exchange house of R. W. Press' prich & Co. to become a vice president and director of mysterious Allied Chemical & Dye Corp. (TIME, March 2) last week resigned both positions, returned to Pressprich. Rumor said his successor would be William Gibbs McAdoo. Vague tales that big blocks of Allied have changed hands, that hard secret fighting has been waged, continued...
...Berlin the first modern (1859) building built of stone instead of brick was the Börse, or Exchange of the Berlin Chamber of Commerce. Last week such big issues as A. E. G. (German "General Electric"), I. G. Farbenindustrie (Dye Trust), Vereinigte Stahlwerke (United Steel Works) and Siemens & Halske soared...
...Pittsburgh Morris Dye, 17, swallowed two safety pins, was taken to Homeopathic Hospital. Awaiting treatment, he borrowed a double-edged razor blade from a fellow patient, wrapped it in paper, swallowed it. The blade lodged midway to the stomach, was extracted by an esophagoscope invented by famed Dr. Chevalier Jackson. The safety pins rested comfortably in Morris Dye's stomach, pending another operation...
Charles Walter Nichols, chairman and a director of Allied Chemical and Dye Corp., was not re-elected at the annual meeting. Soon afterwards he issued a statement denying that this meant the Nichols family (the late Dr. William Henry Nichols played a big part in Allied's formation) had sold its stock in the company. Succeeding Mr. Nichols was Orlando Weber, president of the company, recently back from a leave of absence...
...that which the annual report of his company demands. In 1916 he left his position as executive vice president of sickly Maxwell Motors to enter the chemical field, in which his good friend Eugene Meyer had large investments. In 1920 he reluctantly assumed presidency of the new Allied Chemical & Dye Corp. He ran it with a harsh discipline. His phenomenal success in creating for the U. S. a chemical company greater than any to be found in Europe is one of the supremely important industrial achievements of the decade. Lately it has been known that he has thought of retiring...