Word: p
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Dates: during 1930-1939
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...news of whom, see p...
...utility super-holding companies, J. P. Morgan's United Corp. was the biggest and fell the hardest. United now looks back ruefully on its ten checkered years of existence and hopes that it has finished taking its licking. In this connection it announced last week its first step toward quitting business as a utility holding company and setting up as an investment trust. It reported that in the past three months it had invested nearly $2,500,000 in 15 leading common stocks (Chrysler, DuPont, General Electric...
United Corp. was created Jan. 7, 1929, when J. P. Morgan and Co., in common with most U. S. elevator boys and other brokerage hangers-on, was somewhat overexuberant. Morgan & Co. and its "good neighbor" Bonbright & Co., put up $20,000,000, plus common stocks of great utility systems, giving United $150,000,000 in assets. They installed softspoken, aristocratic George Henry Howard as president of the new utility combine. Howard was one of the smartest graduates of the informal law school that the late Dwight Morrow ran at Simpson, Thacher & Bartlett's Manhattan lawshop, before Morrow became...
Largest pickle packer in the business is Heinz, with an estimated gross between $5,000,000 and $10,000,000 a year. Heinz policy keeps it out of the trade association but it works closely with N. P. P. A. whose biggest members are Widlar Food Products (Standard Brands), Libby, Mc-Neill & Libby and Squire Dingee. Biggest pickle States today are Wisconsin and Michigan but the oldest is New York where Dutch burghers packed dills not many years after Henry Hudson debarked from the Half Moon...
...century ago, P. T. Barnum produced The Drunkard to show the tragic effects of drink. In 1933 The Drunkard was revived in Los Angeles to show the comic effects of time. Last week the Los Angeles revival went into its seventh year,* breaking all known theatrical records for a continuous (seven-days-a-week...