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...Pickands, Mather & Co.), first citizen of Cleveland; of heart disease; in Cleveland. Son of Samuel Livingston Mather who founded Cleveland Iron Mining Co. and the family fortune, he was a famed philanthropist, a director of U. S. Steel and many another great corporation. Holder of 60,000 shares of Youngstown Sheet & Tube Co., he battled Cyrus Stephen Eaton over a proposed merger with Bethlehem Steel Corp., won last week when the project was finally dropped. Steelman Mather's 15-year-old grandson took his own life (hanging) last month (TIME, Sept...

Author: /time Magazine | Title: Milestones, Oct. 26, 1931 | 10/26/1931 | See Source »

...Youngstown, Ohio, City Trust & Savings Bank and Dollar Savings & Trust Co. announced permanent closing. Under the same management as the Dollar, First National closed pending a merger with Commercial National and Mahoning National...

Author: /time Magazine | Title: Business: In Atlantic City | 10/26/1931 | See Source »

...business for the past year was settled. Many a potent industrialist is still against reductions, including President Walter Sherman Gifford of American Telephone & Telegraph who carries great weight on the U. S. Steel directorate. But with Steel taking the lead, other companies rushed to follow. Bethlehem Steel Corp. and Youngstown Sheet & Tube followed suit so precipitously as to suggest that they had settled the argument long ago, were merely awaiting a strong lead to follow. As more and more steel companies were added to the list, absences became conspicuous. It was clear that many companies had already taken their...

Author: /time Magazine | Title: Business & Finance: Oh Yes! | 10/5/1931 | See Source »

...liked it so little he lay very still. There was never any more faltering. An undaunted mind-that was Hardy. He was a great man. That was his hard fate." ¶ Last week from England's Lake District came another literary incident. A Mrs. Jane Jefferson of Youngstown, Ohio, went to Cockermouth to see the birthplace of Poet William Wordsworth. She looked all over town, finally got some one to point out the unmarked house, now a doctor's office. "Young man," cried she, "if William Wordsworth had been born in Youngstown we would have shouted...

Author: /time Magazine | Title: Foreign News: Barrie on Hardy | 9/14/1931 | See Source »

...manufacturing power and light. Cleveland, city of his adoption, had come to look upon him as its most aggressive financier and some midwestern steel interests fancied him their champion against the East. Last December when he broke the proposed merger between Bethlehem Steel Corp. and Youngstown Sheet & Tube Co. by one of the bitterest and most expensive lawsuits in history, the whole nation looked on and Cyrus Eaton stood at the height of his fame. But it proved a Pyrrhic victory, which left the conqueror too weak to continue the fight. Reverses came thick and fast. In April, Continental Shares...

Author: /time Magazine | Title: Business & Finance: Gugle v. Eaton | 8/24/1931 | See Source »

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