Word: businesses
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...Banking Act divorced deposit banking from underwriting; three Morgan partners, including bland Henry S. Morgan (J. P.'s younger son), accordingly split off to form a new partnership, Morgan Stanley & Co. J. P.'s elder son, Junius Spencer, stayed on as a Morgan partner. The foreign loan busi ness was dead; its epitaph the Johnson Act which forbids U. S. sale of securities of governments defaulting to the U. S. Government. Meanwhile Morgan partners were retiring, dying; from the partnership their heirs drew millions for inheritance and inheritance taxes. By last year's end the House...
...since he was Diana Wynyard's husband in Reunion in Vienna. William Tracy (the much hazed plebe of Brother Rat} is the typically brassy errand boy who, after saving his boss from suicide, badgers him into making his rescuer a clerk. James Stewart walks through the amiable busi ness of being James Stewart. Joseph Schildkraut, as usual in a minor part, as 'usual acts rings around everybody else...
...estimated 25% of such U. S. thrift plans from selling shares without prospectuses or with misleading information. Last week the sixth thrift plan enjoined by SEC, Lexington Foundation Inc., consented to a permanent injunction without admitting guilt.* Lexington, whose contracts total about $16,000,000, may continue in busi ness so long as it is careful to issue prospectuses which make clear such facts as that from the first $100 which an investor pays, some $70 is deducted for a service charge...
...classical beauty, but she and Teddy were ever so distressed and annoyed when they were held one year by the Italian border customs officials. Those sillies thought M and Teddy were smugglers, and filled with jewels. M was positively haughty and finally got their release. . . . But now, this abdication busi ness. Teddy doesn't think much about that or anything, M, though, says, 'Kings do things...
...annual sales of $400,000,000. That was only about 1% of last year's total retail sales in the U. S.. but enough to cause Printers' Ink to note : "If co-ops are to be viewed with alarm as poaching on the preserves of private busi ness, there is plenty of room for alarm...