Word: lating
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Dates: during 1920-1929
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...Lolita Sheldon Armour, relict of the late great Meatpacker Jonathan Ogden Armour, and her daughter, Mrs. John J. Mitchell Jr., closed the affairs of the Armour estate in Chicago. The estate being insolvent for $2,000,000, Mrs. Armour and Mrs. Mitchell relinquished claims to loans for that amount. When he died (TIME, Aug. 29, 1927) the Chicago Journal of Commerce said of Meatpacker Armour: "He probably had the distinction of having lost more money than any man that ever lived...
Bullish corporate developments late in the week were many. An extra dividend of 30¢ was declared by General Motors Corp. Radio Corp. of America, long the prime scoffing object of "inflation" criers, showed earnings of $8,729,389 for the third quarter, compared to $1,409,299 in the preceding quarter. Announcement was made that the $250,000,000 patent suit brought by Bethlehem Steel Corp. against United States Steel Corp. had been settled out of court. The Aviation Corp. announced it had used part of its $20,000,000 cash surplus to buy stocks other than aeronautical securities...
...points," the industrial average dropped 183 (according to Prof. Irving Fisher's index of 50 most active industrials). Quickly capitalized was Seer Babson's accuracy, as were Wag Cantor's losses. Newsstands displayed for $3 a pamphlet giving Babsonic market recommendations. A long silent sage, John Moody, late last week predicted the break was over, that 1930 would provide a slow rising market with small volume, easy money. A broken sage was Charles Amos Dice, famed market student, who early in October published New Levels in the Stock Market, showing prices would fluctuate around the then current prices, never dropping...
...York became hero-ized with its announcement that it would lend $43 a share ($11 above the market at one point) to employes who had borrowed on their holdings. Other helping companies were Standard Oil of New Jersey, Humble Oil, Gulf Oil, U. S. Steel, Newton Steel. Late last week, when Washington's official silence was broken with promise of the tax reduction, then of an industrial conference, Hoover joined the ranks of heroes. No mere bullish oratory, this statement meant Prosperity was expected to remain, meant bigger corporate earnings and dividends, more spending and employing by the rich...
...provided for the University of Chicago's president (in the barn of which Mrs. Hutchins will sculp and not keep an automobile), facing the broad Midway across the street from John D. Rockefeller's $1,500,000 chapel, stands Ida Noyes Hall, the women's centre, given by the late La Verne Noyes ("Dealer in People," inventor of the aeromotor) in memory of his wife. Here the induction procession formed, young President Hutchins preceded by the trustees and by five-score other college presidents, including his father, and by the faculty. (In store for Hutchins Sr. and Trustee Ryerson were...