Word: shenandoahs
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...Rain fell upon President Hoover on his weekend outing at the Shenandoah National Park camp. Indoors he talked tariff with Senator Reed Smoot, congestion in U. S. prisons with Attorney General William DeWitt Mitchell He amused himself by cooking ham and eggs over a coal range, while Filipino chefs stood about as assistants...
...appoint a special commission for the General Staff. Specifically this commission was to "see what services and other outlays have become obsolete through advancement of science and war methods; and what development programs can well be spread over longer periods in view of the general world outlook." To his Shenandoah camp President Hoover took as week-end guests to ponder this problem Secretary Good, Assistant Secretaries Hurley and Davison, Chief of Staff Summerall. It was decided to let the General Staff instead of a commission thereof handle the problem...
Last week a select portion of the U. S. public was permitted to buy stock in Shenandoah Corp., a newborn investment trust which came into being with a silver spoon of $102,000,000 resources in its mouth. Eager, the public snapped up one million shares of common, one million shares of preferred, paying up to 42 for common offered at 17½ and up to 60 for preferred offered at 50. By midafternoon of the first day's sale there was no Shenandoah stock available...
...Shenandoah Corp. was broadly empowered to "buy, sell, trade in and hold stocks and securities of any kind . . . participate in syndicates and underwritings . . . exercise such other of its charter powers as its Board of Directors may from time to time determine." The Board thus broadly trusted contained great names, One was Goldman Sachs & Co., potent financiers. Another was Harrison Williams, potent utility man. After the House of Morgan has taken its bow as First in Finance, it is questionable whether any other banking house, from the standpoint of present and recent activity, much outranks Goldman Sachs. As for Mr. Williams...
...issued, and the Bond Clubbers trade in the tickets in such a manner that the smartest trader wins the car. In the last three outings, Trader Weinburg has won six automobiles. He and Partner Catchings handle all the syndicate business of the company and represent it on the Shenandoah directorate...