Search Details

Word: lehman (lookup in dictionary) (lookup stats)
Dates: during 1930-1939
Sort By: most recent first (reverse)


Usage:

Adapted from an 1890 best seller by Laura Elizabeth Richards, directed by David Butler, Captain January belongs to a special class of cinema. Neither epic, romance nor extravaganza, it is designed solely as its star's vehicle. The screen play by Sam Hellman, Gladys Lehman and Harry Tugend is pleasantly salty and the supporting players comport themselves as expertly as usual. As an item of entertainment, however, the value of Captain January depends entirely upon the fact that Shirley Temple appears in almost every sequence, grinning, sobbing, dancing, singing, wriggling, pattering down stairs or spitting on her pinafore...

Author: /time Magazine | Title: Cinema: Peewee's Progress | 4/27/1936 | See Source »

...weeks ago the lawyers for Manhattan's banking house of Lehman Brothers wrote a long letter to John J. Burns, general counsel to the Securities & Exchange Commission. They wanted to know, in effect, whether it would be legal for Lehman clients and certain associated bankers to stabilize the market for stock in Flint-kote Co., control of which Lehman bought from Sir Henri Deterding's Royal Dutch-Shell (TIME, March 30). Lehman was distributing stock in this old U. S. roofing and asphalt concern to the public, and the open market price of the stock had dropped...

Author: /time Magazine | Title: Business: Lawyers' Letters | 4/27/1936 | See Source »

Manipulation of a security is forbidden by law, though just what constitutes manipulation has not yet been defined. Pegging operations ("stabilization"') are subject to SEC rules & regulations, which have not yet been issued. In this legal swamp Lehman wanted to be on ground as solid as possible...

Author: /time Magazine | Title: Business: Lawyers' Letters | 4/27/1936 | See Source »

Having mulled over the Lehman letter, SECounsel Burns wrote an answer: 1) pegging was permissible; 2) pegging need not necessarily imply a fixed price, though "activities designed substantially to raise or lower stock exchange prices are clearly manipulative," hence illegal; 3) the prospectus should disclose the fact that the underwriters were engaged in pegging the price of the stock; 4) "this represents my opinion and is not to be taken as an expression of the views of the Commission...

Author: /time Magazine | Title: Business: Lawyers' Letters | 4/27/1936 | See Source »

Last week Colonel Albanus Phillips, the company's big, bluff founder-president, let the public in on what has always been a family-&-friends affair. Small issues of common and preferred stocks were offered by the Manhattan firm of Lehman Brothers. Out of the total proceeds of $1,895,000, about $1,200,000 will be used to pay off notes and bank loans, presumably incurred to finance the 5? soups. Balance will go into expansion, working capital, possibly introduction of a new brand of canned dog food...

Author: /time Magazine | Title: Business: Soup Stock | 4/13/1936 | See Source »

Previous | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | Next