Word: grubbs
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Last week the following were news: C. Succeeding E. Burd Grubb, who lately moved over to the Big Board as a partner in Coggeshall & Hicks, Fred C Moffatt, senior member of Moffatt & Spear, was elected president of the New York Curb Exchange, No. 2 U. S. securities market. Son of a minor Erie R. R. official who died when his son was 15, President Moffatt got his start as a Postal Telegraph messenger boy in Scranton, Pa. He bought his Curb seat in 1923, two years after that boisterous outdoor market sought the dignity and protection of a roof...
Young, wiry Mr. Grubb, who is the nephew of Yachtsman Thomas Octave Murdoch Sopwith, is being boomed for president of the New York Stock Exchange. At a big testimonial banquet for the most popular Curb president in years, Richard Whitney, noting such reports about his possible successor, generously declared: "I sincerely hope that is right and E. Burd Grubb will be a president of the New York Stock Exchange-and soon...
Even more athletic than big, brawny President Richard Whitney of the New York Stock Exchange is tanned, wiry President E. Burd Grubb of the New York Curb, second largest exchange in the U. S. He was Delaware River champion swimmer, amateur welterweight boxing champion of Philadelphia (1911). He holds a course record of 70 at the swank Somerset Hills (N. J.) golf club. His British uncle, Thomas Octave Murdoch Sopwith, last year's challenger for the America's Cup, taught him to fly, but up until two years ago he preferred to streak across the New Jersey flats...
Last week the most popular president the Curb Exchange has had in years let it be known that when his term expires next month he will quit the Curb, transfer his activities to the Big Board. Broker Grubb expects to become a partner in Coggeshall & Hicks as soon as the New York Exchange approves the transfer of a seat...
...highly-paid lawyers" of the utility industry's trade association are none other than Democrat Newton Diehl Baker and Republican James Montgomery Beck. Soon after the Grubb ruling last week Edison Electric Institute released a 57-page opinion on TVA constitutionality by Messrs. Baker and Beck. Following Judge Grubb's reasoning, Attorneys Baker & Beck concluded: "Neither the power to regulate interstate commerce (including specifically powers over navigation and flood control), nor any of the war powers, nor the power to dispose of government property, sustain the authority of the Congress to enact the Tennessee Valley...