Word: stockholm
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Dates: during 1930-1939
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...match monopoly in Italy, needed funds. From an Italian engraver he got copper plates that bore the likeness of an Italian Government bond. On a piece of paper he sketched the way he would like an English-worded statement printed. He furtively took the plates to a Stockholm printer. The printer, knowing Kreuger's affairs were vast, did not become suspicious when he was asked to print 42 bonds, each of ?500,000 denomination. Kreuger took the counterfeits, forged on them the name of E. Drelli, gave them to his companies in return for good bonds upon which...
Stocks rose in Stockholm last week as the Swedish Treasury and private banks pooled $30,000,000 to tide over a leading Swedish bank hard hit by the suicide of overwrought Ivar Kreuger, president of the Swedish Match Trust (Kreuger & Toll). Next day Swedish stocks upped again as the Diet extended for another month the Kreuger & Toll moratorium...
...Tuskegee and Hampton Institutes, $4,362,000; to employes in the form of stock distributions, $6,000,000. His civic improvements in Rochester were the Rochester Dental Dispensary, Rochester Chamber of Commerce Building, Eastman School of Music, Eastman Theatre (now closed), Rochester Civic Orchestra. To Rome, London, Paris, Stockholm and Brussels he gave million-dollar dental & throat clinics. His private interests included art, music, big game hunting (in Africa, with the Martin Johnsons), calendar reform. He whittled, baked cakes & pies, collected orchids and firearms, was awakened every morning by pipe organ. He never married...
...match industry began in the latter part of the 19th Century. Small factories sprang up all over the country. In 1903 a merger of many of the companies formed Vulcan Match Manufacturing Co. which began to force the smaller companies out. In 1907 Ivar Kreuger, then 27, arrived in Stockholm after several years spent in the U. S. as a construction engineer. (He built Syracuse University's Stadium.) He and Paul Toll formed Kreuger & Toll Co. to do engineering work, but in a few years the company's function had changed to a holding company for the expanding of Kreuger...
...valuable power properties and rights. It controls financial institutions throughout Europe, including commercial and mortgage banks. A typical deal was its purchase of Sweden's $29,000,000 share in the Young Plan Loan in 1930. It has real estate companies with properties throughout Europe, including 87 buildings in Stockholm. By selling control of L. M. Ericsson Telephone Co. (acquired in 1930) to International Telephone & Telegraph for 400,000 shares of I. T. & T. stock, Ivar Kreuger connected his empire with the worldwide communications skein of the Behn Brothers...