Word: rosenwalds
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Heroes. Julius Rosenwald, board chairman of Sears, Roebuck, early in the decline offered to cover the margin accounts of all his employes, became the prime hero. Later Standard Oil of New York became hero-ized with its announcement that it would lend $43 a share ($11 above the market at one point) to employes who had borrowed on their holdings. Other helping companies were Standard Oil of New Jersey, Humble Oil, Gulf Oil, U. S. Steel, Newton Steel. Late last week, when Washington's official silence was broken with promise of the tax reduction, then of an industrial conference, Hoover...
Rockefeller Dollars. To help found the Institute in 1925. John D. Rockefeller Jr. gave $10,000; Julius Rosenwald $2,500; Lee, Higginson & Co. $1,000; International General Electric Co. $500; Thomas W. Lament $500. These and other donations from countries facing the Pacific Ocean reached a total of $90,000. The first Institute was held in Honolulu. So was the second Institute in 1927. Last week in Kyoto the third Institute...
...Chicago Philanthropist Julius Rosenwald, board chairman of Sears Roebuck Co. guaranteed the margin accounts of all his employes. Two days later Chicago's public utility tycoon and opera promoter Samuel Insull announced that he would do the same thing. And so did Samuel W. Reyburn, president of Manhattan's department store Lord & Taylor. But the climax came when the wizened little man who lives in the fortressed home in Pocantico Hills, N. Y., said: "My son and I have for some days past been purchasing sound common stock." In memory of many a trader in Wall Street, John D. Rockefeller...
Appointment disclosed. Calvin Coolidge of Northampton, Mass.; Julius Rosenwald of Chicago; and Alfred Emanuel Smith of Manhattan...
...Chicago, the Woman's Symphony Orchestra gave its first concert in memory of Mrs. Julius Rosenwald, wife of the famed Chicago philanthropist. In the spring, shortly before her death, Mrs. Rosenwald (with Mrs. Edith Rockefeller McCormick, Mrs. Ernest R. Graham, Mrs. Charles H. Swift and others) gave $1,000 toward the orchestra's upkeep. Under Conductor Ebba Sundstrom, the orchestra played its thanks. Katherine Witwer, Gary, Ind., girl, sang...