Word: recent
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Dates: during 1920-1929
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...changed hands (TIME, Aug. 26). The hands into which they passed were those of George Kenan Morrow and his brother Frederick. Since the Morrows were known to be interested in a number of food products, Wall Street began to talk of a new food products combination, perhaps rivaling the recent Morgan merger (Standard Brands). Last week, confirming that guess, four companies ? Toddy Corp. (chocolate malted milk), Edward H. Jacob (canned mushrooms), Kitchen Bouquet (liquid flavoring extracts), Fould Milling (macaroni) ? united in Grocery Store Products Inc., and the name of George Kenan Morrow again figured prominently on the board...
...recent years when an oil man has a nightmare, he sees a sea of petroleum. vaster than the Pacific, with dark green oleaginous billows rolling before a wind that moans "Overproduction, overproduction." Yet last week when 2,941,550 barrels of oil swelled up each day from the bowels of the U. S., a greater secretion than ever at any one time before, there was comparatively little disturbance to the peaceful slumbers...
Chairman of the metals subcommittee of the Senate Finance Committee is Senator David Aiken Reed of Pennsylvania, onetime attorney for U. S. Steel Corp. Well he knew what the steelman wanted. Also on the job was Pennsylvania's Joseph R Grundy, arch-lobbyist for manufacturers The sequence of recent events: 1) The Finance Committee by a vote of 7-to-4 first rearranged the manganese ore tariff on metal content, in effect increasing the duty above the 1 cent per Ib. level. 2) From Moscow came the announcement that U. S. Steel Corp. had signed a five-year contract...
...first six months of 1929. Though many another stock was up to 20, 25 and even 30 times earnings, only three prominent motor stocks were selling at "15 times" or more. Many were below the ten times ratio even in the bull market of 1929. The following table shows recent prices of a number of representative automobile stocks and the price they would command at "15 times" according to first-six-months reports...
...products $800,000,000. The filter is Des Moines, population 151,900. The bank will be the lowa-Des Moines National Bank & Trust Co., resources $40,000,000, result of a merger (to be formally voted next week) which has more relative importance to the corn belt than the recent stupendous bank mergers in Manhattan, Chicago or San Francisco have to their districts. It means that small metropoles-and Des Moines is typical of several-are moving against dependence upon the great financial centres. It means too that the half-billion and billion-dollar banks must look increasingly...