Word: halseyisms
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Dates: during 1940-1949
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...This snow storm is the luckiest break we could have," exclaimed Harvard's new ski coach, Bill Halsey, first year Architectural School student and graduate of Dartmouth last spring, in an interview in the locker room after yesterday's first cross-country practice. "I'm pleased and surprised at today's turnout; we'll have a fighting chance against Dartmouth this winter, but we have to work on the cross-country and jumping...
...enemies on both sides of many a street, including Wall. A power there until the early '30s, he has won most of his subsequent newspaper clippings by front-running for the U. S.'s No. 1 anti-Wall Street financier, Chicago's pro-competitive-bidding Halsey, Stuart & Co. More recently, via the mails and letters-to-the-editor, he has offered intellectual aid to both Presidential candidates. As a Willkie-man he suggested that the New Deal is vulnerable for having made Big Business bigger, at the expense of Small. As a Rooseveltman he called Willkie...
Among those invited into the syndicate were Halsey, Stuart (for a participation of $1,200,000) and Eaton's Otis & Co. (which was finally offered a participation of $825,000). This set off the fireworks. Eaton, nostalgically recalling the days when Otis headed San Antonio deals, threw the offer back at Mellon Securities. When Mellon Securities paid no attention to his kick, Eaton violated bankers' unwritten rules by going directly to the San Antonio management, asking whether he could submit a competitive bid. The San Antonio management, fearful of SEC repercussions if it refused, agreed to listen...
...several Mellon Securities syndicate partners were not willing to work for the cost of their telephone bills. First Boston Corp., W. C. Langley, five others dropped out. Nineteen underwriters remained, including Halsey, Stuart, usually Otis' big brother. Last week they placed the issue privately with a few institutional investors. Cyrus Eaton had the satisfaction of knowing that if his meddling had not profited him, neither had it profited the "big bankers." Only gainer was San Antonio Public Service, which got two points more for its issue, pocketed an extra $330,000. That, thought Cyrus Eaton, was just another argument...
...first and biggest of these was Indianapolis Power & Light, which had successfully floated new common stock in April (TIME, April 15), was ready to refund $32,000,000 of 3¾% bonds just as the panic began. Lehman Bros, put the issue back on ice. W. C. Langley and Halsey, Stuart did the same to $12,660,000 of mortgage bonds of Iowa Southern Utilities. Other long-planned issues, postponed...