Word: trusts
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Dates: during 1920-1929
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...trust the American Ambassador is bearing a sprig of olive branch in his mouth, and has come back to us in the guise of a dove rather than that of an eagle...
Artificial Coal. Dr. Friedrich Bergius of Germany heated soft coal, hydrogen and a catalyst under heavy pressure. The coal changed into gasolines, aromatics and other volatile hydrocarbons. This Berginization process the German Dye Trust is using under direction of Dr. Carl Krauch, able chemist, who was at Pittsburgh last week. With him was Dr. Bergius himself to report his further wizardry with hydrocarbons. By heating cellulose and: water or lignin and water, lie produced coal. "End coal" he ; calls it, and, like natural coal he could transmute it into gasoline and other fractional products...
Never had such a total been rolled up in five days. Obviously, it challenged explanations. Most plausible, most demonstrable, was the theory that the public, in general wary of Wall Street, is now possessed of a great desire to trust all its savings and all its credit to common stocks. Few professionals and not many amateurs have lost either savings or credit as a result. Not every one of the 1,131 listed stocks has advanced in the Hoover Market, but few have gone off. Certain stocks have appreciated 75% and even 100% in value. For a fair view...
...Allan Ryan, cornered the stock of Stutz Motor Car Co., and was expelled from the Stock Exchange for doing so. Thomas Fortune Ryan tried several times to retire from business but until last week he called frequently at the office he maintained in Manhattan, at the Guaranty Trust Co. It was said of him that he "could have been the richest man in the U. S." He lived in Manhattan and at "Oak Ridge" on the site of his birthplace* in Nelson County, Virginia; and the middle name, which might have been his motto, was given him by his parents...
Dividend. Prosperous, successful, the Guaranty Co. (N. Y.) last week announced increase of capital stock from $5,000,000 to $9,000,000, and a $4,000,000 stock dividend, the first to be declared by an investment subsidiary of a N. Y. bank (Guaranty Trust...