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Word: goldmans (lookup in dictionary) (lookup stats)
Dates: during 1920-1929
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Usage:

...broadly empowered to "buy, sell, trade in and hold stocks and securities of any kind . . . participate in syndicates and underwritings . . . exercise such other of its charter powers as its Board of Directors may from time to time determine." The Board thus broadly trusted contained great names, One was Goldman Sachs & Co., potent financiers. Another was Harrison Williams, potent utility man. After the House of Morgan has taken its bow as First in Finance, it is questionable whether any other banking house, from the standpoint of present and recent activity, much outranks Goldman Sachs. As for Mr. Williams...

Author: /time Magazine | Title: Business: Million-Dollar Names | 8/5/1929 | See Source »

...Goldman Sachs. Simplest measure of a successful banking house is the success of the issues it has backed. Many are the winners that Goldman Sachs has sponsored. It brought out a Lambert Pharmacal issue at 41¾, Woolworth at 55, May Dept. Stores at 50, Continental Can at 52½, S. H. Kress at 60, Sears Roebuck at 50, United Biscuit at 28. Special pride is taken in National Dairy Products, issued three years ago at 33. The stock has paid a 33⅓-stock dividend, followed by a 100% stock dividend, is now selling...

Author: /time Magazine | Title: Business: Million-Dollar Names | 8/5/1929 | See Source »

...Original Goldman Sachs partners were Julius Goldman, Harry Sachs, Samuel Sachs. The company began as a buyer of commercial paper, with its funds so meager that Harry and Samuel Sachs are said to have spent part of their time as commercial paper buyers and the remainder as clothing peddlers with packs on their backs. When the sons of the founders became active in the business, difficulties arose between young Henry Goldman and the Sachs family, reputedly concerning Mr. Goldman's sympathetic War attitude toward the Central Powers. At any rate, there are now no Goldmans in Goldman Sachs. Founders...

Author: /time Magazine | Title: Business: Million-Dollar Names | 8/5/1929 | See Source »

Able are the younger Sachses but the weightiest thinking and most potent activities of Goldman Sachs proceed from Partner Sidney Weinburg and Partner Waddill Catchings. Partner Weinburg, treasurer of Goldman Sachs Trading Corp., has the reputation of being the best "picker" (of likely issues) in the Street. A small but significant example of his selective ability has been furnished by the annual outings of the Bond Club. At this outing, automobiles are put up as prizes, tickets on the automobile are issued, and the Bond Clubbers trade in the tickets in such a manner that the smartest trader wins...

Author: /time Magazine | Title: Business: Million-Dollar Names | 8/5/1929 | See Source »

Just as the soft strains of Wagner's Prelude to Tristan und Isolde were floating out over Lewisohn Stadium last week, an airplane swooped low over the city, its roar and honk drowning out Conductor van Hoogstraten's orchestra and Edwin Franko Goldman's able, obliging band. Adding insult to injury, the plane was advertising cinema, the industry whose "talkies" have thrown some 35,000 musicians out of work. Next day Conductor Goldman protested vigorously to the city authorities. Outdoor concertgoers throughout the land were relieved to hear there is a Federal regulation requiring airmen to stay...

Author: /time Magazine | Title: Music: Concert Zoomed | 7/22/1929 | See Source »

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