Word: seligmans
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Adelbert Ames III, William Ames Atchley, Joseph Smith Bigelow, III, John Morton Blum, John Crapo Bullard, Gaelen Lee Felt, John Michael Harrington, Jr., Robert Heywood Hoskins, Edward Eyre Hunt, Jr., Martin Collins Johnson, Allan Lewis Levine, Harold Thayer Meryman, Henry Whitney Munroe, Joseph Crawford Scott, Carl Bryce Seligman, Preston Wood Smith, Jr., John Leland Sosman, John Finley Williamson, Jr., Brooks Wright...
...sort of coordinator of all banking problems for the Treasury"; Warren Randolph Burgess, 50, of Manhattan's National City Bank, a military statistician during World War I, recalled to duty last week as an expert on Government financing; shining-eyed Earle Bailie, 48, of J. W. Seligman & Co., drafted to gauge war's effects on international exchange...
...from Heidelberg. That year and the next United States Hair Co. borrowed nearly $1,000,000 on invoices signed by branch offices in London, Paris, Naples; lenders were the Bank of the Manhattan Co., the Anglo-South American Trust Co., and J. & W. Seligman & Co., some 20 others. But when Philip Musica tried to borrow $370,000 on a bill of lading for $250 worth of hair, the company fell apart. There were no legitimate offices abroad. There was mighty little hair. There was a sudden shortage of Musicas...
Last week such was Wall Street's mollification toward Chairman Douglas that two of its leading firms finally acted upon this advice. Tri-Continental Corp. and Selected Industries Inc., investment trusts on behalf of whose sponsoring bankers, J. & W. Seligman & Co., the Bawl Street Journal once advertised, "Tri Continental. Tri Chesapeake Corp. Tri Anything Once," decided to tri underwriting. For the purpose they formed a new concern- Union Securities Corp., with $1,000,000 in cash, $4,000,000 more subscribed...
Chairman of the new firm is Tri-Continental's longtime head, handsome, suave, bright-eyed Earle Bailie. Born in Milwaukee, this 48-year-old banker began as a lawyer, in 1919 joined J. & W. Seligman & Co., became a partner in four year. He enjoyed a brief moment of national prominence in 1934 as right-hand man to Secretary of the Treasury Henry Morgenthau Jr., was forced out by Senatorial objections to his Wall Street background...