Word: trusts
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
...successful 1927 campaign to raise $20,000,000.? In 1909, he, no politician, ran for Mayor of New York City at the urgent request of his Republican friends; he finished behind William J. Gaynor and ahead of William Randolph Hearst. His business monument is the New York Trust...
...other stocks. Yet this paper house built on a paper foundation is stronger than many a structure based on stone and steel. For as meat is a commodity to the butcher, as money is a commodity to the banker, so stocks and bonds are commodities to the Investment Trust, and dealing in them is no more fantastic than dealing in sides of beef or bags of bullion...
...investor in an Investment Trust, in effect, turns his money over to a group of experts who have the advantage of a thorough market knowledge and of handling sums ranging from three to five hundred million dollars. Such an investor is letting men like Simon William Straus, the Seligmans, Arthur Cutten, Fred Fisher, Walter Chrysler, invest his money for him. Investors in U. S. investment trusts usually do not know exactly where their money is being used (English investment trusts are more considerate); they are simply trusting the Trust. Perhaps the best analogy to an Investment Trust would...
...Motor Trust. With the Cutten-Blair & Co. Petroleum trust definitely established, rumors last week centered about the formation of an automotive trust in which the names of Mr. Cutten and a "progressive Wall St. banking house" were freely coupled. Two other great names were added?Fred J. Fisher, Vice-President of General Motors and Walter P. Chrysler, head of Chrysler Motors. This quartet was credited with the planning of an Investment Trust with a capital of from $500,000,000 to $700,000,000, formed to operate exclusively in automobile securities. Upon this automotive rumor was built an even grander...
...Seligman Trust. Thus the specialty Investment Trust, actual and rumored. Last month saw also the formation of a general Investment Trust, a smaller, more compact example of the species. This was the Tri-Continental Corp. sponsored by the house of J. & W. Seligman, famed international bankers. It is capitalized at $50,000,000, has no specific field of interest. It has offered 1,000,000 shares of no par common stock at $27; a $25,000,000 issue of 6%, cumulative preferred stock with warrants...