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...Harriman is famed for the world-sweep of its interests?so Lehman is famed for almost sensationally successful financing in recent years. Significant is Lehman's entrance into aviation financing, which so far has interested only a few of the big houses?e. g., Hayden, Stone & Co., National City. P. W. Chapman, Pynchon. Salesmen of Aviation Corp. stock (which is not to be confused with Richard F. Hoyt's Aviation Corp. of America) suggested that it might become the Electric Bond & Share of aviation...

Author: /time Magazine | Title: Business & Finance: New Deals | 3/18/1929 | See Source »

Died. Josiah W. Hayden of Boston, 82, vice president of Eastern Steamship Co., father of Banker Charles Hayden of Manhattan (Hayden, Stone & Co.); in Boston...

Author: /time Magazine | Title: Milestones: Feb. 11, 1929 | 2/11/1929 | See Source »

...Corp. offered 3,250,000 shares at $34, a total capitalization of $110,500,000. Prominent among its executives are Director Arthur W. Cutten and Board Chairman Elisha Walker, first partner of Blair & Co. (TIME, Dec. 10). Other famed directors are Halstead G. Freeman, president of Chase Securities, Charles Hayden, of Hayden, Stone & Co., E. F. Hutton, chairman of Postum Co., Inc. President is John H. Markham, Jr., head of the Exchange Bank of Tulsa, Okla., an independent oil opera tor. Petroleum Corp. will make its initial investments in Prairie Oil & Gas and Prairie Pipe Line?the two oil companies...

Author: /time Magazine | Title: Business: Investment Trusts | 2/4/1929 | See Source »

Last summer, a few months after Col. Lindbergh had flown the circuit of the Caribbean, Hayden. Stone & Co.. with other bankers, organized the Aviation Corporation of the Americas, which bought all the stock of Pan-American Airways Company already in the district. Richard F. Hoyt* became chairman of both companies, and transportation projects began to take shape. At once they started a Miami-Havana service...

Author: /time Magazine | Title: AERONAUTICS: Pan-American Airways | 1/21/1929 | See Source »

Another millionaire made his mark in aviation last week. Paul Wadsworth Chapman, Manhattan investment banker, had watched the profitable aviation promotion of Elisha Walker (Blair Co.), Charles Hayden and Richard F. Hoyt (Hayden, Stone & Co.), Charles E. Mitchell and Gordon S. Rentschler (National City Bank, Manhattan). Jansen Noyes (Hemphill. Noyes & Co.). James C. Willson (Louisville), Thomas N. Dysart (Knight, Dysart & Gamble, St. Louis), Clement Melville Keys (Manhattan). He had watched recent mergers in the industry: Fokker and Western Air Express. Transcontinental Air Transport. Curtiss Corporations and Sikorsky. Keystone and Loening, Pratt and Whitney. Boeing and Niles, Bement and Pond...

Author: /time Magazine | Title: AERONAUTICS: Pan-American Airways | 1/21/1929 | See Source »

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