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Coaxed out of retirement by another New Englander, William Sargent Ladd, Asahel I, at 44, went into the banking business with him and one employe, a cashier. First day Ladd & Bush took in $1,450 deposits, made nine loans on which they collected $221.17 interest (12%) in advance. The bank...
Poetry-loving Bachelor Mackenzie King spends so much time at his country house, "Kingsmere," that Mitch Hepburn dubbed him "The Hermit of Kingsmere." In win-ter he lives at "Laurier House" in Ottawa, which Sir Wilfred left to the Liberal Party. A Gladstonian Liberal, the red-faced Prime Minister once...
Last week, after announcing Steel's common-stock dividend, Chairman Stettinius released Big Steel's annual report. It revealed simply and graphically more facts and figures than ever before. One striking figure: the Corporation's total sales of "goods and services" ($857,100,000) amounted to $3...
The art business went to hell in the Depression. But Collector Bishop was rich enough to stand the Galleries' losses, ready enough to leave its conduct to President Hiram Parke and Vice President Otto Bernet. When he died in 1935, sales were picking up again. But two years later...
Legendary are the corporate complications of Associated. Metaphysical, ingenious, a cost-accountant's flea-circus, they are as far above cash-register economics as Einstein is above arithmetic. Legendary also is the personality of Associated's creator, pudgy, laughing, strongarm Tactician Howard C. Hopson. Hopson learned the utility...