Word: hutton
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...police their markets effectively against manipulative and deceptive practices." Hardly was this news on the streets when-giving a convenient plausibility to its assertion- SEC brought formal charges of manipulation in the stock of Auburn Automobile Co. against two partners of the important brokerage house of E. F. Hutton & Co. and a floor trader on the New York stock exchange. Most startling of all-one of the cited partners was Gerald M. Loeb. long known (in spite of his bald head) as one of Wall Street's "fair-haired boys...
...Hutton & Co. is something of a misnomer, for E. F. Hutton retired in 1922 and now has only a minor financial share in the business. The $10,000,000 firm is dominated now by a younger group, of whom 38-year-old Gerald Loeb is prominent in the Manhattan office and Gordon B. Crary in the Los Angeles office. Between them these two brokers manage to see a good deal of colorful onetime Motor-maker Errett Lobban Cord, who lives in Beverly Hills...
...Last week, when SEC suddenly pulled the case out of its files again, astute observers wondered whether Cord's abdication might not have been the price of a deal with SEC whereby he saved himself and certain good friends from prosecution for manipulating Checker Cab. 1935 E. F. Hutton & Co. partners played no part in the Checker Cab trading. Simultaneously, however, Gerald Loeb and Gordon Crary did considerable trading of Auburn for clients. According to SEC, the pair, through Floor Trader H. Terry Morrison, effected enough artful Auburn deals to raise the price from...
...like the U. S. but want more pay-Babs with our money runs away. Such was the legend striking employes of three F. W. Woolworth stores in New York carried on picket placards day after 25-year-old Countess Haugwitz-Revent-low (Barbara Hutton) spent five minutes in a courtroom on the fifth floor of Manhattan's Federal Courthouse, signed away her U. S. citizenship, became solely a Danish subject like her husband, sailed back to England on the Europa after 36 hours in the U. S. Through her attorneys the granddaughter of the 5?-&-10? chain...
After the War Mr. Chester's Greenwich, Conn, neighbor, now Mrs. Marjorie Post Close Hutton Davies, persuaded him to enter her Postum Cereal Co. as assistant treasurer. By 1924 he was president, and it was under his direction that Postum swelled until it became General Foods Corp. with some 80 products and $74,000,000 in assets. Today as General Foods chairman, modestly ensconced in a white colonial office on the 17th floor of the Postum Building in Manhattan, a portrait of his father over the fireplace, a bust of Lincoln, his favorite character, above his silvering head, Colby...