Word: one-fourth
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Stricken Stocks. For many a year Abitibi Power & Paper Co., Ltd., owning about one-fourth of Canada's newsprint capacity and a potential million horsepower of hydroelectric power, has stood No. 1 on the New York Stock Exchange list. Last week this honor, alphabetical only, fell upon Abraham & Straus, Brooklyn department store. For Abitibi was declared bankrupt, its transfer office closed, its shares stricken from the Big Board. Abitibi's troubles were only one storm-centre in the mightily troubled newsprint industry.- Another stock stricken last week was Oesterreichische Credit-Anstalt fur Handel und Gewerbe, the name...
...One-fourth of the apartments in Seattle are empty with rents down 25% from last year...
...dress silks is Stehli Silks Corp. Susquehanna, Schwarzenbach Huber & Co., Cheney Bros., C. K. Eagle are all large silk makers, but their business is less specialized. In 1929 Stehli sold 14,000,000 yards-enough for 5,000,000 dresses. About three-fourths was sold to dress manufacturers, one-fourth to stores for over-the-counter distribution. Their annual volume is nearly $25,000,000. The business was founded by Statthalter Rudolph Stehli in Obfelden, Switzerland, in 1837, has remained in the family ever since. The company now has 3, 500 looms scattered through Switzerland, Italy, Germany...
...field by 100 workmen, sweating under a blazing sun. The shroud lines which support the spherical aluminum gondola are straightened out with meticulous care. In the cool of night hydrogen is fed from cylinders into the envelope. In less than an hour the inflation is finished. The bag is one-fourth inflated, bulges at the top like a mushroom...
...York curly-haired Cornelius Vanderbilt ("Sonny") Whitney, 33, Yale-man, socialite and inheritor of one-fourth of his father's 77-million-dollar fortune, including his great racing stable, announced his candidacy for the Democratic nomination for Congressman from the first (North Long Island) district. He had the support of Democratic bosses against his friend, tall, handsome Robert Low Bacon, incumbent. Congressman Bacon, 48, onetime Harvard athlete son of rich, famed Robert Bacon, was once designated by Anthropologist Ales Hrdlicka as "the wholesome, effective type of future American." Candidate Whitney, twice married, is a grandson of William Collins Whitney...