Word: pittsburgh
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Dates: during 1930-1939
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...days later the Federal Reserve Board furnished the Senate a list of salaries paid by banks for the year ending June 1933. Highest was to Henry C. McEldowney of Pittsburgh's Union Trust Co.-$165,000. The next nine were all to executives of Manhattan banks: Winthrop W. Aldrich of Chase National, $151,744; Charles S. McCain of Chase (since resigned), $128,488; Percy Hampton Johnston of Chemical Bank & Trust, $125,000; Harvey Dow Gibson of Manufacturers Trust, $125,000; Gordon S. Rentschler of National City. $125,000; the late Charles Hamilton Sabin of Guaranty Trust, $101,919; President...
...customers were getting on their orders, a rumor spread that other motormakers would take a tip from Henry Ford and buy or build their own plants. Last week it was reported that Mr. Ford himself had started a $10,000,000 steel expansion program. United Engineering & Foundry Co. of Pittsburgh announced that he had ordered a complete set of rolling mills for his River Rouge plant...
...taken a postgraduate course at "Pit College" is no mean feat in itself; on the strength of her masterly thesis Authoress Gilfillan has graduated magna cum laude. The mining town she picked, more or less at random, was a huddle of shacks she calls "Avelonia," about 35 miles from Pittsburgh. Under cover of darkness she arrived in a hired car, knocked at a house that looked less dilapidated than most and asked to be put up for the night. Next morning she donned a disguise of old clothes, made her face up to look peaked and hungry. Very soon...
...brother and I," said Andrew Mellon to his black-hatted banker father one day in 1872, "could start a good business with not very much money." So at 17 Andrew and his younger brother Richard got a loan to start a lumber yard and real estate development outside Pittsburgh. Thereafter Andrew and Richard always prefaced their business decrees with "My brother and I"-a phrase which grew to have the finality of the royal "We." As soon as the two boys had proved their sense for profits, their father took them into the private bank of T. (for Thomas) Mellon...
...Pittsburgh has always believed that the Mellons wanted Paul to be the industrialist, Dick the banker, a division of labor roughly similar to that of their fathers. But quiet, easy-going Paul rebelled at his destiny. After his graduation at Yale in 1929, he went to England and spent two years at Cambridge University, got another B. A. Back in the U. S. he talked of becoming a publisher. Finally he bowed to his father's wish, has been cramming spasmodically in Mellon National since 1931. He last made news when he and Lucius Beebe, famed japestering newsman...