Word: manhattans
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Dates: during 1920-1929
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Commentators saw in the St. Lawrence transaction a Mellon-Morgan alliance, quickly created a super-superpower project by linking the Mellon-Pennsylvania properties, the Morgan-New York properties, and adding Manhattan's New York Edison and Consolidated Gas for good measure. It was also rumored that Niagara-Hudson was negotiating with Stone & Webster for Eastern Utilities Associates, a group of light and power companies operating chiefly in New England. Out of all the rumors and rumbles, however, salient emerging points were: 1) That J. P. Morgan & Co. has undoubtedly become acutely interested in light and power; 2) That...
...field, most large banks have investment affiliates, somewhat less conservative than the banks themselves. Step Three in the employment of currency would obviously be for the bank to organize an investment trust, and that is what Chicago's Continental-Illinois Bank Trust Co., largest U. S. bank outside Manhattan, did last week. President was Arthur Reynolds, who is board chairman of Continental-Illinois. Vice-president was James R. Leavell, also a Continental-Illinois vice president. The directorate included George M. Reynolds, Stanley Field, Charles F. Glore, D. R. McLennan, Eugene M. Stevens, Edward F. Swift, F. Edson White. Christened...
...demanded that a suit bear only the retailer's label. Thereafter the name Stein-Bloch or Fashion Park appeared with the retailer's name on the inside breast pocket of many a U. S. citizen's suit. Prominent among retailers to adopt this new policy were Manhattan's Weber & Heilbroner, and Finchley...
...unscrupulous man might have sailed for South America or Africa. A more logical man might have surrendered to the nearest representative of the law. But Charles Delos Waggoner, quixotic President of the Bank of Telluride, Col. adopted none of these courses. Having fraudulently obtained some $500,000 from six Manhattan banks to save his Telluride bank (TIME, Sept. 16), Mr. Waggoner was last week apprehended in a Wyoming tourist camp. He was traveling in his own car and under his own name, although he had adopted the subterfuge of shaving off his mustache. Arrested, he admitted his guilt, said that...
Died. Mrs. Minnie Palmer Marx, 65, of Manhattan, mother of the five Marx brothers (Zeppo, Groucho, Harpo, Chico, Gummo); in Manhattan...