Word: firming
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Dates: during 1930-1939
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...formed W. A. Harriman & Co. which conducted a large-scale investment banking business. Hard-working young Mr. Harriman, attractive and sociable (two years ago he married Marie Norton Whitney, art-wise first wife of his turf friend Cornelius Vanderbilt ["Sonny"] Whitney), did not make a raging success of the firm. Its financial bulwarking made it an appropriate party last year to a merger with Brown Bros. & Co., forming Brown Bros. Harriman & Co. Another Harriman venture is Harriman & Co., a small firm doing a lucrative business in commercial paper. Virile Son Harriman enjoys sport as well as work, is an expert...
...with complaint against the State Alcohol Monopoly Co. last week. For one thing the company's stores are closed on Saturday, Sunday, Monday, holidays, on days preceding and following holidays, and every day from 3 p. m. until the following 10 a. m. For another thing the Government, firmly believing that mixed drinks are bad for the stomach, has issued stringent regulations providing that, without special permission, only two kinds of mixed drinks may be sold, the Martini Cocktail and the Manhattan Cocktail. In Italy (though not in Finland) it is against, the law to sell as a "Martini...
...ling Yui is a partner of Swan, Culbertson & Fritz, which last week applied for membership in the New York Stock Exchange. If the application is accepted, the Stock Exchange will admit its first Chinese member-firm partner. Though Swan, Culbertson & Fritz will have its Manhattan office with Hayden, Stone & Co., the main office will be in Shanghai where the firm and Partner Khe-ling Yui have done business for a long time...
...motors, ranging from the 1½-h.p. single cylinder motor to the 4-cyl., 32-h.p., 116-Ib. Johnson Sea Horse. During the last two years motorboat sales have dropped badly. Last week it was no surprise when the smooth drone of Johnson Motor Co.'s affairs was broken, the firm sputtered, coughed, lapsed into receivership...
...Paris the firm of Lee, Higginson et Cie. last week announced a similar move but the affiliated London house, Higginson & Co., planned to continue. A new firm will be formed with outside capital. It will be called Lee, Higginson Corp. and will carry on a securities business in Manhattan, Boston and Chicago. It will also do a small deposit business and trade in acceptances. Being a corporation it can belong to no stock exchange. But while this company will perpetuate the name, last week the career of Boston's old partnership seemed ended...