Word: loeb
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Dates: during 1940-1949
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Fortnight ago, Jesse Jones pulled a coup that made many a banker narrow his eyes. Its chief victims were Chase National Bank, Kuhn, Loeb & Co., Mercantile-Commerce Bank (St. Louis). For over two years they had been nursing a deal with the State of Arkansas for the marketing of $136,330,557 of bonds. But when it began to ripen, the bankers got worried, went to Friend Jesse and asked him to take $46,000,000 of the issue off their hands. Jones's answer: fine...
Three RFC representatives were named to C. & E. I.'s new board. One of them, John Barriger, also becomes a member of the executive committee. Young (41), baby-faced John Barriger is a railroad fan who learned to wear cufflinks and stiff collars at Kuhn. Loeb. A bright young man to old Wall Streeters, an outsider to New Dealers, he has two pet railroad theories: 1) their maintenance of way badly needs modernization, 2) they sorely need consolidation. Wall Street, he feels, was on the way toward consolidating them until Teddy Roosevelt's trustbusting put a stop...
...attorney specializing in Interstate Commerce Commission cases. Cotterill plugged his idea for years, finally interested Wilmington's Du Pont family. For president. Transport chose Burge M. Seymour, head of Manhattan's big Metropolitan Truck Leasing Co., a top-flight operations man. For financing. Transport went to Kuhn, Loeb & Co., which underwrote railroad giants in an earlier...
...week's end it looked as if Chairman Eastman might be granted his desire to see the experiment tried, at least in part. Kuhn, Loeb, its fingers slapped, was out of the Transport picture. But about ten of the companies (with a net worth of around $7,500,000) were considering merger through a simple interchange of stock. After reading Eastman's opinion, they (and President Seymour) had good reason to hope for ICC approval...
...Press was established a separate department of the University by a vote of the Corporation on January 13, 1915. Its list of publications now comprises almost 2000 titles, among which is the Loeb Library, founded in 1910 by Dr. James Loeb '88 and bequeathed to the University...