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...Central's largest stockholder is Leonor Fresnel Loree's smallish Delaware & Hudson Co. Bought at the bottom of the 1932 market, its 500,000 shares today show a profit of more than $10,000,000. D. & H.'s holdings entitle it to subscribe to approximately $6,000,000 of Central's new bonds...

Author: /time Magazine | Title: Business: Fashionable Bonds | 3/5/1934 | See Source »

...classical equations for electron motion with new differential equations similar to those which describe the wave motion which constitutes light and sound. Thus the atom is conceived as a positive nucleus wrapped in a throbbing field of negative electricity. To expound these ticklish ideas to U. S. scientists slim, smallish, pleasant-spoken Dr. Schrodinger journeyed to the U. S. few years ago, lectured at Caltech and other universities in excellent English. Born and educated in Vienna, he was professor of theoretical physics at Stuttgart and Zurich before joining the faculty of the University of Berlin in 1927. This year...

Author: /time Magazine | Title: Science: Youth & Atoms | 11/20/1933 | See Source »

...capacity, talk of steel mergers was sprouting again last week-sure sign of a jubilant industry. It concerned no Bethlehem-Youngstown merger but it did deal with the scattered relics of Cyrus Eaton's industrial empire-big Republic with small ($34,000,000) Otis Steel and smallish ($54,000,000) Corrigan-McKinney Steel. Interest was added to this report by the fact that a block of 50,000 shares of Cliffs Corp. which controls Corrigan-McKinney was included in the collateral that Cyrus Eaton put up for a big loan from Chase National Bank in 1931. Chase auctioned...

Author: /time Magazine | Title: Business: State of Steel | 6/19/1933 | See Source »

Robert Fresnel Loree, younger son of Railroader Leonor Fresnel Loree, was elected a director of New York Central R. R. Ever since his smallish Delaware & Hudson bought a 10%, interest in Central (TIME, Feb. 6), Father Loree has been seeking a place at Central's council table. But the I. C. C., wary of interlocking directorates, has taken no action on his application. Impatient to have his $10,000,000 investment represented, he nominated his son, no railroader and hence not subject to the I. C. C. Son Robert Loree is a vice president of Manhattan's Guaranty...

Author: /time Magazine | Title: Business: Personnel: Mar. 27, 1933 | 3/27/1933 | See Source »

...generations the House of Morgan, George Fisher Baker's First National Bank and the Vanderbilt sons and grandsons have been at Central's throttle. But early this month a new force entered the Central when 74-year-old Leonor Fresnel Loree, the bush-bearded president of smallish Delaware & Hudson, triumphantly announced that he had bought 10% of Central's stock (TIME, Feb. 6). Last week he was trying to persuade the I. C. C. to let him have an official seat at Central's council table. Central's president, Frederick Ely Williamson, a Yaleman like...

Author: /time Magazine | Title: Business & Finance: State & Stakeholders | 2/20/1933 | See Source »

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