Word: stilles
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Dates: during 1930-1939
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Incomplete as mere earnings figures last week (major food, automobile and building companies had still to report), certain conclusions were inescapable. Steel's tumble was proof of how heavy industry has lagged in the recovery from Depression II. Caterpillar Tractor's drop reflected the slump in farm income. Conversely, Continental Baking's rise shows how industry's more rigid prices make for profits when highly elastic farm or other raw-material prices fall...
...became International's head man has been the Public Utility Holding Company Act of 1935, requiring geographical integration of utility pyramids. Like many another utility magnate, Mr. Cullen tried to evade this "death sentence" without avail. SEC remained adamant and the stone in Mr. Cullen's belly still hurt. Last week...
After six months of dickering between I. P. & P. and SEC, both parties agreed to a plan under which the $800,000,000 empire's $583,000,000 in utility properties would be transferred to a liquidating trust. After a projected reorganization, I. P. & P. will still have assets of $250,000,000, will still be the world's biggest paper company-as it was before it ever heard of Archibald Graustein...
...first wife was Dutch, his second White Russian, his third a pro-Nazi German. In 1937, after his third marriage, he retired from the directorship of Royal Dutch-Shell. At 70, worth $200,000,000, he was still ruddy, still sharp-eyed, still apoplectic in his hates, still pulling strings behind the European scene...
Last month Promoter Bob, his hair thinner but his personality still as bland as ever, was in new trouble. Again he went on trial in Manhattan for using the mails to defraud. According to Assistant U. S. Attorney Leo Fennelly, who has helped run down many a noted swindler (including Banker Joseph Harriman), Promoter Bob had sunk so low he had taken to selling gold bricks. In 1932 he acquired Bankers Service Co., which was founded in 1908 to solicit accounts for savings banks and which he turned to investment counseling. Its chief counsel, according to the charge...