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Just as "investment trust buying" was a potent pushup factor in 1929, "investment trust selling" has been a big knock-down factor in many a stock recently. Last week Tri-Continental Corp., investment trust sponsored by J. & W. Seligman & Co., issued its third quarter report?one of the first major trusts to do so. At the same time Selected Industries, Inc., Tri-Continental supervised, published its showing. The investments of Tri-Continental Corp. had, on Sept. 30, a market value of 29 millions against a cost of 51 millions. The common stock had a book value of $2.84 against...

Author: /time Magazine | Title: Knockdown | 10/19/1931 | See Source »

Before Fall started for Santa Fe, President Hoover received a petition for his pardon signed by every member of the New Mexico Legislature, Senators Cutting and Bratton and Governor Seligman. In view of the President's denunciation of public betrayers when he dedicated the Harding tomb last month, it was not considered likely that he would be clement...

Author: /time Magazine | Title: CORRUPTION: Fall to Jail | 7/27/1931 | See Source »

Score--Yale '34. 4; Harvard '34, 2. Goals--Brines, Levan, Lessig, Ed Jones, Payne 2. Substitutes--Brown, Seligman, Hammond, Patton, Pearcy, Earle, Vernon, Robbins and Smith; Harvard, Fields, Hosapple, Wilbur, Carroll, Topalian, Reed, Townsend and Johns. Referee--Reed. Time--Two 30m. periods...

Author: NO WRITER ATTRIBUTED | Title: UNIVERSITY, FRESHMAN LACROSSE TEAMS LOSE | 5/18/1931 | See Source »

...week the management of the company (which two months ago assured stockholders it had "patience to ride out the Depression") announced they considered there is no opportunity at present for this sort of an investment trust. They therefore resigned, placing the management of the company in the hands of Seligman's TriContinental Corp...

Author: /time Magazine | Title: Business: Tri-Continental | 5/11/1931 | See Source »

...work soon reached out into new fields and he combined his peculiar gift of almost geometric design with brilliant studies of occupational scenes and actions. Among those who have contributed to the exhibition are: Adolph Lewisohn, Knoedler and Company, Dur-and-Ruel Incorporated, H. J. Sachs '10, Jacques Seligman and Company, and Wildenstein and Company...

Author: NO WRITER ATTRIBUTED | Title: EXHIBITION OF DEGAS OPENS AT FOGG MUSEUM | 5/11/1931 | See Source »

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