Word: mergered
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Dates: during 1920-1929
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...duce about 15% of the total, leaving about 42% for independent companies. Prominent among these companies are: Youngstown Sheet and Tube Co. Three-fourths of the plant, nearly all the directorate, in Youngstown, Ohio. Makes principally pipe, sheet and tube; therefore best customers are the oil and automobile companies. Merger with Inland Steel Co. (Chicago district) has been frequently reported, was once almost completed, is still rumored. Ranks as Third Largest (3,000, 000-ton capacity); earned $10,-466.300 ($9.54 a share) in 1928. Jones & Laughlin. Fourth largest; closely held stock traded in over-the-counter market; estimated 1928 earnings...
...unit (International Standard Electric Corp.); two cable companies (All-American Cables, Inc., Commercial Cable Co.); a telegraph company (Postal Telegraph and Cable Corp.); a radio company (Mackay Radio and Telegraph Co.). It had invaded five states (Argentina, Brazil, Chile, Mexico, Uruguay) of Latin America. Last week, unnoticed in the merger excitement, it picked up the U. S. & Haiti Cable Co., opening a new line between New York and the West Indies...
...face," heard Virginia's Senator Glass demand his resignation from the directorate of the Federal Reserve Bank of New York, announced the absorption of Farmers' Loan & Trust Co. by his National City, and regained his position (briefly lost by the Guaranty Trust-Bank of Commerce merger) as head of largest U. S. bank...
...began April in a nervous condition, and stock averages sweated off over four or five points while call money got up to 15%. The Board, however, did nothing; Secretary of the Treasury Mellon being quoted as saying that neither the rediscount rate nor the Mitchell resignation were even discussed. Merger Mitchell. ''Very interesting," was all that Banker Mitchell said when told of the Glass attack. Mr. Mitchell's mind was occupied with an important matter - the merger of National City with Farmers' Loan and Trust. Announced early this week, the amalgamation created a banking institution with...
...received New York University LL. B. in 1894. In 1899 he was Queens County District Attorney; in 1900 served as secretary of a committee formed to revise the charter of Greater New York. He became Central Union's vice president at the time of the 1918 merger and in 1919 succeeded to the presidency upon the death of James N. Wallace...