Word: ericsson
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Matches. Far flung are the operations of Kreuger & Toll Co., holding company for the great "Swedish Match Trust," for 21 industrial banking and real estate operations, for the Grangesberg Co. iron mines (Europe's biggest), for the control of L. M. Ericsson Telephone Co. Master of its many operations, getter of its match monopolies is close-shaven,quick-speaking Ivar Kreuger, self-made, much publicized "world's richest bachelor." To shareholders last week he reported that Kreuger & Toll during 1930 earned $24,163,000 from dividends and interest received, against $14,278,000 from those sources in 1929. Trading profits...
Kreuger in Ericsson. Undoubtedly most famed of Swedish companies is Ivar Kreuger's Kreuger & Toll Co., holding company for Swedish match, international banks, large mines. But a close second is L. M. Ericsson Telephone Co. which wages successful battle against German's Siemens & Halske on one hand, International Telephone & Telegraph Corp. on the other. Good news in Sweden last week was the announcement that Ivar Kreuger has obtained a large block of Ericsson stock, that Kreuger & Toll will direct its many activities. Foiled apparently by the deal was I. T. & T., recently reported angling for Ericsson, and against...
...Ericsson makes telephone equipment, operates telephone systems. It has plants in many countries, concessions in Italy, Poland, Turkey, Esthonia, Mexico, Argentina. In Herr Kreuger & associates it will have the benefit of the shrewdest concession-operators in the world...
...George F. Ericsson of Chicago: the U. S. Wet Fly Casting championship at Buffalo, with 99% perfect casts, only ten demerits...
...stormy Greenland (TIME, Sept. 10). Two months ago Cramer backed Aviation Editor Wood into a Chicago hotel room and talked sport, adventure, glory at him. The trip would be safe and sure. They would fly from Chicago to Milwaukee, make a courteous gesture to Leif Ericsson's statue there, go across Canada to Cape Chidley at the northernmost tip of Labrador, skip over water but in sight of land to Cape Walsingham on Baffin Island, jump across Davis Strait to Mt. Evans, Greenland. From Mt. Evans they would cross the Greenland ice cap to Angmagsalik and then over water...