Word: long
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Dates: during 1920-1929
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...Here he had ample opportunity to study the workings of a Big Bank of the merging type.* Recognizing the power & potency of the Big Bank, Mr. Howell realized also that its very bigness left room for a smaller bank operating on more of a personal contact basis. So, after long consideration, and with the assistance of the tycoons mentioned above, he got together $7,000,000 for a surplus and sold $7,000,000 capital stock and formed Commercial National. It was designed to cater to persons who still regarded $1,000,000 as a considerable sum and to corporations...
...Long have mail-order houses like Sears, Roebuck & Co. and Montgomery Ward & Co., sold by mail tires and other automotive accessories. Last week Sears, Roebuck decided to sell the automobile itself. Details concerning price and type of car had not been decided. Announcement was made, however, that the car would be manufactured by Gardner Motor Co., Inc.* and that Sears, Roebuck & Co. would distribute...
...Austin is a sort of British Ford. The Seven does not, of course, refer to cylinders but to horsepower. The Austin is only 9 ft. 2 in. long, 3 ft. 10 in. wide and weighs only 950 lbs. Production date and price have not been announced, but it is understood that the Austin will sell for less than $500. Financing of the U. S. company will be handled by Bulkley, Vallance & Co., of Manhattan...
...their kind. With the liner Bremen, world's third longest, just starting on her maiden voyage (see page 21) came last week the announcement that United States Lines, Inc., was planning two new liners longer even than the 938 foot Bremen. They will each be approximately 950 feet long, said Joseph Sheedy, who is operating U. S. Lines, Inc., for Paul Chapman. Each will accommodate 4,000 passengers...
...reasons why so much money is being poured into the stock market is that there are many new stocks to buy. Privately held, closed corporations are issuing stock, taking the public into partnership. Corporations that have long been publicly -owned are undertaking new financing for expansion purposes. And the merger trend-outstanding movement in current industry-continues as an important element in Industry's insatiable appetite for money. Of last week's new deals of various kinds, the following were of particular interest...