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...Luke Lea, Tennessee hero and publisher of the Nashville Tennessean and three other southern newspapers* arranged a contract with the Howell family to purchase control of the Atlanta Constitution for $1,050,000 (in stock) plus an additional sum based on the 1927 earnings of the Constitution. A disagreement arose over the auditing of the earnings. Col. Lea and his associate bankers, Rogers, Caldwell, sued the Howell family to compel a sale for an additional $54,000. Last week both sides agreed to drop the suit...

Author: /time Magazine | Title: The Press: In Dixie | 10/1/1928 | See Source »

...Within the last three years, Matchmaker Kreuger has concluded shrewd deals in Poland, Peru, Greece, Norway, Germany, France, Jugoslavia, Japan, Ecuador, Esthonia. International Match Co. controls 75% of U. S. production, through the wholly owned Vulcan Match Co., and through the "biggest" Diamond Match Co. This company has a contract with the Swedish monopoly for the sale of foreign matches in the U. S. until 1930. Last year International Match consolidated its interests with Bryant & May, Ltd., biggest British-owned match company to control the market in the British Empire outside of Asia...

Author: /time Magazine | Title: Business & Finance: Tandsticksaktiebolaget | 10/1/1928 | See Source »

...second time bids to supply the U. S. with 12,800,000,000 stamped envelopes, its quota for the next four years (TIME, Aug. 20, Sept. 17). Once before bids had been opened and rejected. This time figures were much lower. The Middle West Supply Co., now holding the contract, offered an estimate of $13,314.954-98. But the International Envelope Co., subsidiary of International Paper, underbid its rival by $105,161.18. International Envelope won the contract...

Author: /time Magazine | Title: Business & Finance: Government Contract | 10/1/1928 | See Source »

...Mercantile Corp. won the non and lucrative U. S. stamped envelope contract, making a tidy profit for Stockholder Myron Charles Taylor, now a potent U. S. Steel executive.* Not until 1917 was the contract wrested away from the Mercantile Corp. In that year, the Middle West Supply Co. submitted low bid. And as this contract is not transferable, the only way for the Mercantile Corp. and Stockholder Taylor to regain it was to buy the Middle West Supply Co. This they did. They were not again disturbed in its possession until last week...

Author: /time Magazine | Title: Business & Finance: Government Contract | 10/1/1928 | See Source »

...Italio-Spanish-Tudor-Romanesque villa, gives him a small dinner party for 60 or 80, makes passionate love to him, orders him to write her a script. He escapes to New Mexico. She pursues with a sheriff. In self-defense he signs a rival producer's contract, and marries a sub-star from Kansas City, to the luxurious jingle of magnificent jewels, gilt-edged limousines, plum-colored footmen, in short−Hollywood. The author handles his glittering incredible material with staccato brilliance...

Author: /time Magazine | Title: Books: Farce | 9/24/1928 | See Source »

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