Word: fold
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...difficult at any time. Unusual obstacles arose which threatened to block this long-awaited deal. A peculiar situation was known to exist in Bank of the United States. In 1913 this bank was formed in Manhattan's lower East Side. By 1928 it had grown one thousand-fold without a merger. Then, after Goldman Sachs Trading Corp. acquired a large block of its stock, it began to whirl through a period of expansion. Since May 1929 it has lost one-fourth of its deposits; its shares have tumbled from $91 to $13. Recently it has been understood that officials...
...announced that he would resign as president of Fourth & First National Bank, retire. The combined banks will have total assets of $86.000.000, be second in the South only to First National Bank of Atlanta. The deal brings the control of 17 branches. 18 affiliated institutions to American National's fold, was viewed as the most constructive move during the troubled week...
With the return of the backfield stars to the fold, Harvard's supply of reserve backs should be ample for the Dartmouth game, while with the three veterans Ticknor, Talbot, and Trainer to strengthen the center of the line, the Harvard forward wall should be able to stave off the advances of the Big Green eleven...
Teletype of A. T. & T. Many is the firm which eventually buys its largest customer, or is bought itself by its largest customer. Into the second classification fits the deal by which last week Teletype Corp. of Chicago passed into the American Telephone & Telegraph fold, will be operated as a subsidiary of Western Electric. Chicago Teletype manufactures printing telegraph equipment which transmits typewritten messages automatically and instantaneously between distant offices, enabling telegraph users to send their own "wires" directly, also to receive telegrams and messages from Teletype-equipped branch offices. (TIME uses such an instrument between editorial office in Manhattan...
Last week the reformed Young German Order appeared to be the backbone of the Staatspartei. Also in the fold was the old Democratic Party, which has been losing deputies at every election since 1919 until its formal dissolution last week. Friedrich Baltrusch and Ernst Lemeer, Protestant Trade Unions leaders, were listed among the new party's leaders. Observers saw in this an attempt to bring into the Staatspartei the Protestant workers of Germany as the German Centrist party absorbed German Catholic workmen...