Word: trusts
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Dates: during 1920-1929
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...record bears the title. "That Baboon Baby Dance." The assumption is that it was released about the time that the evolutionary theory was becoming well known. Another disk reveals the fact that at one time in the past the Turkey Trot was all the rage, if one is to trust the number of them recorded by old time orchestras...
...Home of the House of Morgan. Although an excited Hearst reporter would have it that the Head of the House was present, actually, John Pierpont Morgan was in Europe. It was Partner Thomas W. Lament with whom conferred Charles E. Mitchell, National City Bank; William C. Potter, Guaranty Trust; Albert H. Wiggin, Chase National Bank; Seward Prosser, Bankers Trust. These men controlled resources of more than $6,000,000,000. They .met briefly; they issued no formal statement. But to newsmen, Mr. Lamont remarked that brokerage houses were in excellent condition, that the liquidation appeared technical rather than fundamental...
...person who once paid $50,000 for a hundred shares of Auburn Motors would have been lucky to get $15,000 for his stock on October 29th. Goldman-Sachs' famed Blue Ridge investment trust which was to share in the entire sweep of U. S. prosperity was sold at $3 per share. Dozens of stocks of huge companies sold for less than half of what somebody had once said they were worth. So nonsensical did all this seem that some brokers refused to sell out their customers even when technically they might have. But the awful expected began...
...second time that Mr. Mitchell had arrived in Manhattan on the wings of panic. He took his first Manhattan job (with Trust Co. of America) just in time to cope with the Panic of 1907. He arrived home from Europe last week, just in time to utter bullish reassurances on the eve of the crash...
...Continent Trust Conference meets at Detroit...