Word: ellenstein
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...flying field. But the latter's sagging runways, built on filled-in marshland, are so bumpy that airline pilots call it "Mount Newark." For lack of hangar space at Newark, TWA has agreed to move to Floyd Bennett by Jan.1. To hold other airlines at "Mount Newark," Mayor Ellenstein offered them free hangar rent for six months, no more municipal taxes on gas, oil, mail & passengers...
...flight of the brokers ceased as suddenly as it began. And while Wall Street jubilantly referred to it as the "modern Boston Tea Party," New Jersey realtors plummeted into gloom. President Whitney of the Stock Exchange halted his workmen and negotiated a settlement with Newark's Mayor Ellenstein. The brokers' gesture had cost them some $100,000, but this they could easily meet with $100 initiation fees collected from the 1,300 applicants for membership in the proposed Jersey exchange...
...that was needed was a new home. President Whitney stopped off in Newark on his way in from Far Hills one morning to inspect Mayor Meyer Ellenstein's Centre Market, a big city-owned white elephant used partly as a parking garage. Mayor Frank Hague of Jersey City showed Founder Froelick Pennsylvania R. R.'s terminal. Real estate boomlets sprang up in both cities as brokers fought for options on office space. Finally President Whitney picked Newark's Centre Market for the exchange proper and Jersey City's Pennsylvania Terminal- equidistant between the old floor...
...same day Mayor Meyer C. Ellenstein of Newark, N. J. wrote Mr. Whitney a letter inviting the New York Stock Exchange to move across the Hudson River. Governor A. Harry Moore of New Jersey seconded the invitation with the promise that New Jersey would place no taxes on brokers...
Boston's Curley, Milwaukee's Hoan, Houston's Holcombe, New Orleans' Walmsley, Akron's Sparks, Cleveland's Miller. Bridgeport's Buckingham, Elizabeth's Williams. Salt Lake City's Marcus, Providence's Dunne. Newark's Ellenstein, Jersey City's Hague. Rochester's Oviatt. Yonkers' Loehr, Nashville's House, Worcester's Mahoney and a score more mayors of a score more U. S. cities trooped into the Chinese Room of Washington's Mayflower Hotel one sizzling hot day last week. They took off their coats...