Word: tractions
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...name to conjure with is Frank Julian Sprague's, yet last week the foremost electrical engineers of the land and scores of other celebrities gathered in Manhattan to do him honor on his 75th birthday. They called him the "father of modern electric traction" (both horizontal and vertical). Listening quizzically, he beamed behind his mustache, half closed his keen old eyes...
Seventeen years ago when Cincinnati's Zoological Gardens were in peril of closing, two wealthy women came forward and saved them. Cincinnati Traction Co., owner of the property, threatened to break it up, sell it as building lots. Mrs. Charles Phelps Taft, wife of the publishing half-brother of William Howard Taft, gave $125,000 to prevent the split-up. Another $125,000 was given by Mrs. Mary Emery whose father-in-law, Thomas Emery, made one of the first big real estate fortunes in Cincinnati, increased it by manufacturing lard oil and candles...
...grand opera, Mr. Insull is one of the best known citizens of Chicago, as are also his son and his brother Martin. Last week's problems did not appear to have stripped the Insulls of Chicago's respect. Their trouble was purely financial. No ice, heat, light or traction service would be interrupted by the intricate figuring at the Manhattan meeting. Criticisms voiced last week were directed against the utility holding company as a financial device rather than against Pyramid Builder Insull himself...
...after having yielded that position in 1930 to U. S. Steel. Interesting comparisons were that International Nickel is more popular now than American Smelting; Safeway Stores i? ahead of Woolworth; Loew's ahead of Paramount-Publix; National Dairy ahead of Borden. Stocks gaining in popularity included American Light & Traction. Chrysler, Drug, First National Stores. General Foods, United Gas Improvement. Decreases were shown in the number of trusts holding Aluminum Co., American Radiator, Anaconda, Electric Bond & Share, General American Tank, International Telephone, Kennecott, Kreuger. Radio, Western Union, Westinghouse. Total shareholdings in American Machine & Foundry, Commercial Solvents, Continental Can, Deere, United...
According to the terms of a trust agreement made by the late Nelson Robinson, Jr. '81, Harvard is to receive and endowment fund of $1,071,000. Mr. Robinson was a member of the New York Stock Exchange and a director in several traction companies...