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Meantime the steel industry was concerned with another and more fundamental aspect of steel prices - the basing point system of quotations. This system is a modification of the old "Pittsburgh Plus" plan. Carefully nurtured by U.S. Steel's late Elbert Gary, Pittsburgh Plus worked on the simple principle of charging every buyer the price of steel in Pittsburgh, plus freight to his door, regardless of where the steel was made. Thus in one classic example soon after the War, when the Pittsburgh price was $40 per ton, a Chicago concern was paying $47.60 for steel made by its next...

Author: /time Magazine | Title: Business & Finance: Prices & Bases | 3/23/1936 | See Source »

...according to the State, the Courts, the local customs. In New York, banks get from 1 ½% to 3% of both principal and income, the percentage depending on the size of each.† Sometimes big estates pay less than standard rates, but this practice is frowned upon. The late Elbert Gary (U. S. Steel Corp.) willed the trusteeship of his estate to N. Y. Trust Co., but only if a cut rate was granted...

Author: /time Magazine | Title: Business: Bankers Speechless | 2/24/1936 | See Source »

...Hardiest of the Filbertian legends concerns his middle name. This originated' with the late Judge Elbert Gary, who once declared that after knowing Mr. Filbert 35 years he was still unable to discover what the "J" stood for. The story was perpetuated in dozens of press, biographies of Steelman Filbert. As anyone could discover by asking Mrs. Filbert, the "J'' stands for James...

Author: /time Magazine | Title: Business & Finance: Up Stettinius | 12/30/1935 | See Source »

...Weld 35--Elbert P. Little '34 of Worcester; Assistant in Physics...

Author: NO WRITER ATTRIBUTED | Title: Freshman Proctors and Their Activities as Undergraduates | 9/20/1935 | See Source »

...reality an adherence to the views held by the founders of the church, and from which the General Convention had departed. . . . One other item I cannot pass without comment, namely the claiming of Goethe, Wagner, Berlioz, Balzac, Coleridge, Tennyson, Browning, Carlyle, Emerson, Thoreau, Victor Hugo, Helen, Henry James, Keller, Elbert Andrew Carnegie, Hubbard, Maeterlinck, Amelita Galli, Yeats, Curci and Eddie Guest as being "in formal or spiritual fellowship" with the New Church. All of the above and many more modern writers and philosophers have had some contact with Swendenborg's writings but, with the exception of Galli-Curci...

Author: /time Magazine | Title: Letters, Jul. 29, 1935 | 7/29/1935 | See Source »

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