Word: stockings
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Dates: during 1920-1929
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...often wonder," he told a CRIMSON reporter last night, "why Harvard University doesn't take more of a hand in the matter, why it doesn't try to prevent that gang of low politicians from making this city the laughing stock of America: but," he added, after a contemplative pause, "I guess Harvard's got troubles enough of its own with its football team...
Besides the immediate acquisition of 16 banks in the state of New York,* the Ma rine Midland Corp.'s sponsors will make a public offering of stock to finance a $25,000,000 subsidiary bank to be known as the Marine Trust Co. of the City of New York and located in the financial district. While no announcement was made of how much stock would be sold to the public, trading in Marine Midland commenced on the New York Produce Exchange, the stock selling at more than 20 points over the rumored offering price of $60 per share...
Other directors and officers will be drawn from the banks acquired and from the firms sponsoring the corporation. Approximately $500,000,000 of the stock will be kept to provide for national expansion. Announcing the plans the organizers said: "For several years the opinion of bankers through the country has been becoming more and more favorable to the principle of group banking. . . . [It] is common in Great Britain, Canada and continental Europe ... is peculiarly adapted to American conditions as it offers the advantage of maintaining a large degree of local independence and local contacts through the maintenance of the individuality...
...these and other newspapers had excited great outcry because I. P. Co.'s owner is International Paper & Power Co. and because power companies' press activities have lately been viewed with wide alarm (TIME, April 22 et seq.), authorized the sale of I. P. Co.'s 50% stock interest in Boston Publishing Co.-a development long rumored (TIME, June...
...paid $5,500,000 last January. The new buyers, Boston bankers acting for the Boston Publishing Co. management, paid some $7,000,000. The stock will now be offered to the general public...