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Last week the New York Stock Exchange and New York Curb Exchange suspended for insolvency the firm of Bauer, Pogue, Pond & Vivian-the seventh such suspension since the bear market began.* Although the firm was of fair size, the action affected only a few stocks, did not halt last week's stock-market rally. As is customary, Senior Partner Frederick R. Bauer announced that if his firm's affairs were liquidated in an orderly manner, all creditors could be paid, a residue left for the partners. The strong market gave him a more pleasing background than other recent...

Author: /time Magazine | Title: Business & Finance: Seventh Failure | 12/1/1930 | See Source »

Companies in whose financing Bauer, Pogue, Pond & Vivian have participated include American Commercial Alcohol, Helena Rubinstein, Inc., Bulova Watch Co. Announcement of the failure caused heavy selling of Bulova Watch, brought forth a statement from Chairman Arde Bulova. Said he: The watch company is entirely independent of the insolvent firm, will earn as much this year as last if not more...

Author: /time Magazine | Title: Business & Finance: Seventh Failure | 12/1/1930 | See Source »

...Coolidge and Herbert Hoover (who rewarded him with the portfolio of War), used to talk about votes in terms of bullfrogs. On the eve of the 1928 election he said he felt like the man who loaded his wagon with live bullfrogs and drove off to stock up his pond. From the noise in the wagon, the man was sure all the bullfrogs were still there all the way. But when he got to the pond, he found that all but two specially noisy frogs had jumped out. Good Jim Good's good moral was: Don't count your votes...

Author: /time Magazine | Title: National Affairs: Campaign Captains | 11/10/1930 | See Source »

...BRIDAL POND ? Zona Gale ? Knopf...

Author: /time Magazine | Title: Books: Near-Masterpiece-- | 11/10/1930 | See Source »

...Bridal Pond is a collection of her recent short stories. Some of them: A farmer accuses himself of the murder of his wife, but he imagined it all. A hired man falls in love with the lady he works for, but doesn't interrupt her wedding after all. A bitter woman sacrifices her secret formula for the best bread ever baked. A burglar willy-nilly witnesses a death scene, is converted by it, comes forward to explain, is arrested. An old man knows he is a burden, takes care that his suicide shall give as little trouble as possible. Zona...

Author: /time Magazine | Title: Books: Near-Masterpiece-- | 11/10/1930 | See Source »

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