Word: j
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Dates: during 1920-1929
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...jute world-famed. It was the War's demand for sandbags which caused jute prices to soar and the Yule wealth to become fabulous. Much, however, of Miss Yule's $100,000,000 was in cash; for the jute part of the fortune had been acquired by J. P. Morgan & Co., now most potent factor in world jute.* To big companies the Exchange means no revolution in marketing methods. Burlap and jute will still be bought chiefly from the same sources, the difference being that there will be a guide to prices, previously a matter of private negotiations...
...construction have now become a Kreuger sideline, but most of the modern business structures of Stockholm are Kreuger-built and many are Kreuger-owned. The Construction Period lasted six years; then in 1913, Herr Kreuger entered the match business. At that time the greatest Swedish match company was the Jönköping-Vulcan combination. Herr Kreuger's first step was to unite all the independent match companies into United Swedish Match Factories, Ltd. He then reorganized Kreuger & Toll as a holding company for the match factories, left Herr Toll to look out for the construction...
Resigned. Curtis C. Cooper; from the presidency of General Motors Acceptance Corp. and the chairmanship of General Exchange Insurance Corp., to be succeeded in both positions by John J. Schumann Jr., vice president of the Acceptance Corp...
Died. John Hemingway Duncan, 76, architect, designer of Grant's Tomb and Trenton (N. J.) Battle Monument; of heart disease; at Highland Beach, N. J...
...later manner. First prize at Carnegie is $1,500. But this year a special prize of $2,000 was donated by Albert Carl Lehman, Pittsburgh steel man, for the best purchasable painting. Painter Carena also won this prize, and his picture was bought by Donor Lehman. William J. Glackens, U. S. painter and illustrator, won the second prize ($1,000). His Bathers, Ile Adam, hot in color and thin in texture, is composed in a lively, anecdotal manner. Georges Dufrenoy. French conservative, won third prize ($500) for a richly colored, rather thickly painted still life of brocade, a vase...