Word: trust
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Dates: during 1940-1949
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...died in 1931, mountainous J. Louis took over the White Sox. He lasted eight years. His will be queathed the $2,000,000 ball club to his wife and children, but directed Chicago's First National Bank to run it. The bank, not much liking so ephemeral a trust, wanted to sell. Grace Comiskey fought the action...
...Toledo (Ohio) Federal court, the Government's anti-trust suit against eleven major glass-container companies (and one trade association) finally went to trial last week. Jury box and coat racks were pulled out to make room for 23 company lawyers, Special Assistant to the Attorney General Samuel Shepp Isseks, six other Government attorneys. To the witness stand stepped dapper Francis Goodwin Smith, president of aptly named Hartford-Empire Co., which the Government charged had run the industry like a private NRA. Agile Sam Isseks opened fire. As Smith started answering, slowly and with long pauses, prospects were that...
...Department of Justice announcement pointed a finger at more than Boss Petrillo. It also mentioned "complaints" about the booking business, bore out recent rumors that trust busters are interested in the setup by which NBC and CBS split most of the U. S. concert trade. Each has a subsidiary (NBC Artists Service, Columbia Concerts Corp.) which, through an offspring (Civic Concerts, Community Concerts), supplies U. S. concertgoers with block-booked talent or nothing...
Slim, soft-spoken Floyd Bostwick Odlum, who built Atlas Corp. from a $40,000 experiment in 1923 to a $121,336,779 investment trust ten years later, has one very special gift: an uncanny ability to sense ''special situations." Last week Floyd Odlum released Atlas' 1940 report, and with it a bagful of cats. His newest "special situation" was revealed to be Hearst Consolidated Publications, Inc., 7% cumulative Class A stock. First reaction of many a Wall Streeter: "What does Odlum see in that?" Second reaction: look...
Studies in the book, apart from the budgetary research, deal with foreign trade policy in the business cycle, the now anti-trust procedure in the construction industry, the historical background of the Hatch Law, control of broadcasting in war-time, and administrative planning for national defense...