Word: yorke
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Dates: during 1930-1939
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...Declared a truce with Wall Street. SEC Chairman William O. Douglas announced in Manhattan: "The day of the crackdown on Wall Street is over. . . . The prosperity of the New York Stock Exchange is not incompatible with the national welfare." As a basis for further reform by the Exchange, Chairman Douglas and acting Exchange President William Martin Jr. drew up a "round table" of Exchange and SEC members to discuss: i) problems of floor administration such as the question of segregation of broker and dealer activities; 2) increasing the amount of bond trading on the floor; 3) commission rate revision...
...James Speyer, who has as broad a German accent as though he had just arrived from Frankfurt-am-Main, where Speyers have been bankers since the 18th Century. Actually he was born in Manhattan. His interest in Manhattan history is institutionalized in the Museum of the City of New York, to which he gave $450,000. John D. Rockefeller Jr. gave the same. Persistent at the time was a story that Mr. Rockefeller wanted to give more but Mr. Speyer preferred that no gift be bigger than his. Speyer & Co. rarely has taken part in any syndicate of which...
...Last week, resourceful Robert Young made inroads into two other operating companies. He himself was chosen chairman of New York. Chicago & St. Louis (Nickel Plate); and one of his close associates, Cleveland Shipping Tycoon George A. Tomlinson, was elected chairman of 1'ere Marquette...
Last week television took one step forward and two back. In New York City, Manhattan's Bloomingdale Bros. Inc. and Brooklyn's Abraham & Straus, Inc. advertised American Television Corp. receiving sets. Davega City Radio Inc., retail specialists in radios and sporting goods, jumped on the band wagon, making a deal with Allen B. DuMont Laborato^ ries, Inc. for exhibition and sale of DuMont sets. Demonstrations were planned to pick up the NBC experimental evening telecast from the Empire State tower. What often happens to best-laid plans began to happen fast...
Neither set manufacturer has sets available except to order, neither can guarantee purchasers any regular schedule of telecasts for their receivers, since the only telecasting being done in the New York area is the strictly experimental work...