Word: woolworth
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...bought into Alleghany Corp. at Wall Street's most spectacular auction. Passed to Mr. Ball last week was a check for $3,000,000 made out to the philanthropic George & Frances Ball Foundation and signed by Allan Price Kirby, son of one of the founders of F. W. Woolworth Co. and the third partner in the deal. Another $1,000,000 came from Messrs. Young & Kolbe. Rest of the sale price for control of Alleghany Corp. ($6,375,000) was made up by a promissory note for $2,375,000, payable in two years and secured...
...scheme of Andrew W. Mellon. The new Department of the Interior building, into which Secretary Ickes moved last week, is the only one of the new Federal buildings designed under the New Deal. The favorite architect of Mr. Mellon's city planners was the late Cass Gilbert (Woolworth Building), who died...
...down total above 20. Strongly-unionized New York City was lightly touched by the fever. Determined to stamp it out before it could get a start, police arrested 60 sit-downers in Brook lyn's Jewish Hospital for ''endangering the lives of patients," 100 in a Woolworth 5? & 10? store for "disorderly conduct." Detroit, where the Sit-Down epidemic began, remained its seething centre, and Detroiters last week were getting an idea of what a revolution feels like. Timid housewives laid in siege supplies of food from neighborhood stores, being afraid to venture downtown. Guests...
...Francisco losses. Each director was asked to subscribe to stock in the new corporation in a ratio of twice the amount of the par value of his former holdings. All but one agreed. Mr. Levison made their subscription notes security for a $250,000 loan from the Crocker-Woolworth Bank. To policyholders he offered 50% in cash and 50% in stock of the new company. On every stockholder he levied a $300 assessment. Mr. Levison's plan worked. Fourteen months after the fire, Fireman's Fund Insurance Co. had assets of $5,345,000, cash capital...
Footing the bill for all this was one of the leading squash racquet and polo players in the U. S., Seymour Horace Knox. Son of a Woolworth partner and a potent investment banker in his own right, Poloist Knox has a burning ambition to make East Aurora and the Buffalo district as famed for polo as Long Island. He was captain of the squash racquets team sent to Britain in 1935. His active interest in art is recent. To date his private collection consists of one Utrillo bought a few months ago, and the collector...