Word: publicity
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Dates: during 1920-1929
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...reasons why so much money is being poured into the stock market is that there are many new stocks to buy. Privately held, closed corporations are issuing stock, taking the public into partnership. Corporations that have long been publicly -owned are undertaking new financing for expansion purposes. And the merger trend-outstanding movement in current industry-continues as an important element in Industry's insatiable appetite for money. Of last week's new deals of various kinds, the following were of particular interest...
Onetime owner of Western Newspaper Union was George A. Joslyn, who died in 1916. Since 1916 stock has been controlled by Mr. Joslyn's widow and other heirs. Last week, however, Western Newspaper Union exchanged its private for public 'ownership, issued $4,250,000 in gold debentures. The company earned...
Bonwit Teller. A Fifth Avenue, Manhattan, smartmart is Bonwit Teller & Co., founded 35 years ago by Paul J. Bonwit. Little Bonwit Tellers have been established at Miami Beach, Palm Beach, Southampton, Bar Harbor. Last week Bonwit Teller made partners of the public, offered 60,000 shares of preferred at $52. For fiscal year ending Jan. 31, 1929, Bonwit Teller showed net earnings of $563,066.66. The new financial structure will be operated by the old management...
...anywhere and everywhere. He enjoys and has often played jazz. Boston prophets foresee his elevation to a regular conductorship. He planned the Esplanade Concerts for two years, typing innumerable letters, making endless calls. Now that the concerts are a reality, he finds himself-dark, stocky, energetic-something of a public idol. Boston ladies applaud himself as well as his music. When the wind blows across the Charles they draw each other's attention to "Arthur's" locks, gaily ruffled by the breeze...
...Howard Payne wrote the extra verses in 1829 as a personal tribute to the "exile" of the verses-Lucretia Augusta Sturgis Bates, wife of Joshua Bates, famed London banker (Baring Bros.). Both Mr. and Mrs. Bates were natives of Massachusetts. He gave great gifts toward the founding of Boston Public Library. Their London years were cheered by opulence, popularity. But Poet Payne, who also spent most of his life away from his native U. S., was a homeless, often unhappy, expatriate, visited by the nostalgia which led him to write his famed song. When he met Mrs. Bates she asked...