Word: lehman
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Dates: during 1930-1939
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...largely for new construction, General Foods Corp. sold 150,000 shares of new preferred stock. Offered at $101 a share-through 39 underwriting firms headed by Goldman, Sachs & Co., Lehman Brothers, Brown, Harrison & Co., First Boston Corp., Smith, Barney & Co. and Kidder, Peabody & Co. -the issue promptly went to a premium at $104, was oversubscribed in an hour. C. One of Myron Taylor's prescriptions for U. S. Steel Corp. when he was elected its finance committee chairman in 1927 was a realistic appraisal of its funded debt. In 1929, in the biggest industrial refinancing in U. S. history...
With a good pick up on your car you can hit a pedestrian at twenty paces.* There are more taxi drivers than students, and more yard cops than professors. In President Wigglesworth's time the college played a man $2000 a year to mow grass in front of Lehman Hall, which was then a stable. The man's name was Harvard, and he had a square wooden leg, and consequently when he came to the end of the lawn, he could only turn a sharp corner. These sharp corners formed a square, which came to be called "Harvard's Square...
Until last week no other State had copied Massachusetts. That, however, was not so surprising as that no big old-line insurance company protested with much enthusiasm when New York's Governor Herbert H. Lehman began last January to persuade his Legislature to allow New York's savings banks to issue life insurance. When the Massachusetts law was passed the companies were still slightly groggy from the 1906 investigation by the Charles Evans Hughes Committee and they said little. But whenever the subject came up in other States they said plenty. In New York, however, opposition came chiefly...
Deadline for applications will be Saturday, April 2, when these must be turned in at the office of the Purchasing Agent of the University, in Lehman Hall...
...floor of the New York Stock Exchange one morning this week the gong bonged as usual at 10 a. m., opening the day's trading. Slowly the ticker tapped out the first sale-100 shares of Lehman Corp. at $25.50 per share. The market was dull. Suddenly the bell rang again, bringing trading to a sharp halt. As a man the hushed brokers turned toward the rostrum to hear an astounding announcement: the firm of Richard Whitney & Co. was unable to meet its obligations...