Word: lynch
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...acquired another house, has been growing ever since. Soon no dispute arose when the phrase "largest wire house" was used in connection with E. A. Pierce & Co. Since last fall its primacy has been strengthened by numerous acquisitions. Of these, purchase of the brokerage business of Merrill, Lynch & Co. was the most important, and the taking over last week of four of the seven offices of Charles D. Robbins & Co. was the latest...
When E. A. Pierce & Co. took over the brokerage business of Merrill, Lynch & Co., the firm acquired, in addition to a wire system, a large retail sales and stock commission organization and entered investment banking on a large scale. It had previously participated in some offerings (Phelps-Dodge, Curtiss Airports, Petroleum Corp.), but never before was a large factor in distributing securities. To some Wall Streeters this recent vigorous expansion has suggested that E. A. Pierce & Co. cash-rich, is taking advantage of bargains. Other observers believe that little cash has been used. They say that E. A. Pierce...
Early this year Merrill, Lynch & Co. sold their branch offices to E. A. Pierce & Co., became specialists in chain stores. Last week they compiled the results of 52 chain store companies for last month and for the first nine months of the year. During September total sales were $310,535,660, a 4.16% decline. For all 52 chains, nine month sales came to $2,904,181,652, a 1.65 gain. Nine-month returns for the biggest 23 were...
...Companies financed by Merrill, Lynch...
...Walsh, its secretary A. Sidney Lynch, and naming their successors. At 4 a. m. friends of Messrs. Walsh & Lynch burst into Dean Cross's bedroom. He confronted them in a suit of wrinkled blue pajamas. Roughly they told him he could "go to hell" with his dictation to the State Committee. In equally strong language he reiterated his determination to make a fresh start in the party's organization. In that first serious political encounter of his life, Dean Cross proved his mettle, forced his opponents after much wrangling to yield...