Word: transamerica
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...many a month Wall Street has known that "Something has to be done about Transamerica." Last week the big holding company's 217,000 shareholders received a lengthy letter from their bustling chairman, Elisha Walker. It told what will be done about Transamerica...
...burglar entered the Wheatley Hills, L. I., home of Executive Committee Chairman Elisha Walker of Transamerica Corp., and made off with jewels worth...
Uncertainty of earnings has led to a new dividend practice. Many stocks on a dividend basis are being added to the list of those for which no annual rate can be quoted (Canadian Pacific, American Car & Foundry, Socony-Vacuum, Great Northern, Transamerica, Stone & Webster). Ac- tual rates of such stocks are expected to continue as high as ever...
...went to Chicago with L. & T. and L. He gathered and possesses a leading U. S. collection of silhouets. Edward James Nolan, Wartime aviator and Los Angeles banker, confirmed re ports of his resignation as board chairman of Bank of America National Trust 6 Savings Association, subsidiary of Transamerica Corp. Sailing W . Baruch, father, and Donald Edward Baruch, son, filed with the New York Stock Exchange a proposal to dis solve the firm of Sailing W. Baruch...
...Refund. Six months ago the management of Transamerica Corp. decided its shares at $13¼ were undervalued, called upon shareholders to contribute funds for a market pool (TIME, Dec. 29). Last week all the money received (said to be $20,000,000) was returned to stockholders, plus interest at 4%. Surprising was the pool's statement that the money had been kept in a bank, never touched. But it was also gratifying word to the pool's contributors, for last week Transamerica shares were at $7 against the year...