Word: firming
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Dates: during 1930-1939
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...made far more money. On the $500,000,000 British and French loan of October 1915 a group of American bankers headed by the House of Morgan made $9,000,000 on the spread between the purchase price (96) and the selling price (98). Of this sum the Morgan firm received $66,000. From its 1% commission as purchasing agent for England and France Morgan & Co. got $30,000,000. All that ended when the U. S. entered the War, when Davison became chairman of the Red Cross War Council, and Stettinius became second assistant Secretary of War, when...
Died. Charles Steele, 82, lawyer, unobtrusive partner (since 1900) in the banking firm J. P. Morgan & Co. ; after a long illness; in Westbury, L. I. A quiet philanthropist, he gave $500,000 to Manhattan's St. Thomas Church for its choir school...
...importance of the Milkman's Matinee during its five small hours can be reckoned in other terms than sales figures and telegraph tolls. One Newark trucking firm has equipped all its trucks with radios, on the theory that Stan keeps night drivers from drowsing. When a murderer last year eluded the New Jersey police and hit for the highways, Stan sounded the alarm between recordings of Mexicali Rose and The Very Thought of You; within 15 minutes a lunchwagon proprietor had the fugitive cornered. Anxious parents like to have Stan broadcast his all-is-forgiven patter to runaways...
Quakers began hectoring Schenley several years ago. Although it had no intention of yielding its 50-year-old name, a valuable property, the firm agreed gradually to reduce the size of the Old Quaker's picture, to kill him off completely at the first opportunity. To Friends, however, the Old Quaker still looks pretty big and bibulous. Friend Malcolm Read Lovell, authorized by a Manhattan Quaker meeting to study the problem, suggested a boycott-by others. For an effective boycott of a whiskey by teetotaling Quakers was a bit of a problem. Mr. Lovell's solution: to circularize...
...broad-boned, high-cheeked young Huguenots, wanted respectively to be prosperous merchant and artist. Both started well, as Onésime eloped with his rich cousin, Cécile Renouvier, and Stéphane got Cécile's paunchy, grandiose father to back a Marseille importing firm for him. The brothers' ambitions were reversed when his wife's money gradually converted Onésime into a comfortable bourgeois and Stéphane, after being ruined in business by bulbous-eyed Solomon Lévy-Ruhlmann, turned to painting...