Word: glore
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...Continental-Illinois Bank Trust Co., largest U. S. bank outside Manhattan, did last week. President was Arthur Reynolds, who is board chairman of Continental-Illinois. Vice-president was James R. Leavell, also a Continental-Illinois vice president. The directorate included George M. Reynolds, Stanley Field, Charles F. Glore, D. R. McLennan, Eugene M. Stevens, Edward F. Swift, F. Edson White. Christened Continental Chicago Corp., and with an initial financing of $65,000,000, the new company was designed for an ultimate capitalization of $500,000,000. Continental-Illinois Co. (the investment affiliate of Continental-Illinois Bank) took...
Last week, however, John North Willys disappeared from the automobile world with the sale of his entire Willys-Overland holdings (some 800,000 shares of common). Nor did any one individual take his place. Purchasers were a combination of Chicago and Toledo interests. The Chicago interest was Field, Glore & Co., acting for Chicago Corp., the Midwest investment trust organized last winter (TIME, Feb. 25). Election of Charles F. Glore and Marshall Field III to the Willys-Overland directorate will be one immediate result of the transaction. The Toledo purchasers were headed by George M. Jones, wealthy head of Toledo...
...financial world. Packers are represented by Edward F. Swift, vice president of Swift & Co., and F. Edson White, president of Armour & Co. Merchants include George B. Everitt, president of Montgomery Ward and James Simpson, president of Marshall Field. The present Marshall Field conducts the investment house, Field, Glore & Co., which financed the issue. Industrialists on the new board include Sewell L. Avery (U. S. Gypsum), Edward F. Carry (Pullman Co.), Robert P. Lament (American Steel Foundries), George A. Ranney (International Harvester), B. A. Eckhart (Eckhart Milling Co.). The new corporation will function under one of those broadminded charters which have...
...Field, Glore Mitsui Bank...
...concern was in good condition for refinancing, for letting the investing public share in it. Lehman Bros, of Manhattan took the initiative; Field Glore & Co. of Manhattan and J. H. Holmes of Pittsburgh joined them in the underwriting. Joseph Horne Co. was incorporated for $7,500,000 preferred stock and 240,000 shares of no par common stock. But, although Home's department store was thus a quasi-public institution, no preferred stock was sold, and only 40,000 of the common. That common already is listed on the Pittsburgh stock exchange, but is closely held. Homes, Sheas...