Word: eitingon
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Dates: during 1930-1939
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Last week's fur story involved three of the most potent fur firms in the country: Eitingon Schild Fur Corp., whose $9,789,000 sales last year entitle it to the position of world's largest fur dealer; Balkan Importing Corp., New York office of the big Rumanian firm Pellimpex; and Alexander Bernstein Co., privately owned so that its figures are kept secret, but generally believed to be among New York's ten biggest. Some months ago Eitingon and Bernstein received shipments of furs worth $800,000 from Pellimpex, were aided by Balkan in selling them. Pouncing...
Last week another company received resuscitation in this manner. Eitingon Schild Co., Inc. is the world's largest fur organization, has usually reaped big profits from pelt operations extending around the world. Last fall, however, when stocks crashed the fur market had its most violent decline in history, average drops ranging from 30% to 50%. The only skins unaffected were such blue-chip staples as the very fine white, silver, and cross fox, Russian sable, fisher. The cheap but U. S. favored raccoon temporarily maintained prices because of seasonal demand. Eitingon Schild's inventories had to be written...
Although the present company was formed by one Waldemar Eitingon and one Sol Schild, the Eitingons, descendants of potent fur traders for three generations, dominate the company. Before the War the Eitingons operated in Leipzig, New York and Moscow. The centre of their trading operations was Moscow Fur Trading Co., headed by Motty Eitingon. Imprisoned by the Bolshevik Government, Trader Eitingon escaped and reached New York in 1919, became president of Eitingon Schild...
About 40, Motty Eitingon must concern himself with such problems as the supervision of a Polish subsidiary engaged in the textile industry, proper handling of a $16,000,000 fur contract with the U. S. S. R., preservation of secret dye formulas. He has, however, plenty of time for relaxation, which he divides between a home on Park Avenue, and another in Leipzig. Riding, music, are his hobbies; generosity his outstanding characteristic. To satisfy his riding urge he keeps a string of horses in Manhattan. He is said to have been the patron of the violinist Benno Rabinov. His spending...