Word: co
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Dates: during 1930-1939
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...little steelman in the U. S.; sleek, youngish Edgar Monsanto Queeny of Monsanto Chemical, whose dignified diversion is Republican politics (finance committee) in Democratic Missouri; scholarly Henning Webb Prentis Jr., president of Armstrong Cork, No. 1 U. S. linoleum producer; rock-ribbed John Howard Pew, president of Sun Oil Co., financial angel of the Republican Party in Pennsylvania; long-nosed Lammot du Pont, beardless patriarch of the U. S.'s most famed family industry; Du Pont-in-law Donaldson Brown, vice chairman, financial and labor policy man of General Motors; the retiring president of N. A. M., courtly Howard...
...long after Fisk Rubber Co. was pulled through the receivership wringer in 1933, the House Select Committee on Investigation of Real Estate Bondholders' Reorganizations roundly spanked the firm's reorganizers (most of whom were bankers who had financed Fisk) for sacrificing the bondholders to suit their own fiscal interests. The old company was sold for $3,030,000 to a new corporation which wrote it up to $13,000,000, but new Fisk Rubber Corp. was clean in one respect: it had no bonded debt. And it prospered...
...Wall Street banking house of Dillon, Read & Co., Fisk directors listened to a proposition from big, potent U. S. Rubber Co., nodded their heads in approval. U. S. Rubber offered to buy Fisk outright for $6,827,330 cash and 109,981 shares of U. S. Rubber Common, holders of Fisk's 34,738 preferred shares to get $110 a share cash (call price), holders of its 439,923 common shares $6.75 a share cash plus 1 share of U. S. Rubber common (last week priced about...
This answer to a promoter's dream was fine for the rig's inventors: Carl White Jr., master salesman, and Harry H. Franks, master mechanic. Their Franks Manufacturing Co. has sold 35 truck-mounted rigs to date at $50,000 apiece. The rig eliminated the cost ($650-$2,000) of putting up a drilling derrick, paid for itself by drilling 18 wells a year. It also set blond Larry O'Donnell, Shell Oil Co.'s chief mechanical engineer in the Texas-Gulf area, to thinking...
...soon as the oil stopped flowing freely and pumping became necessary, The derricks had to be there for pulling and cleaning the wells' rods and tubing once or twice a year. He asked for sketches and bids on a portable unit to do the job, and Franks Co. engineers went to work...