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Three days after Carnoustie, Champion Cotton met U. S. Professional Champion Denny Shute at Walton Heath, Surrey, for a $2,500 prize and "the world's championship" in 72 holes of match play. For two rounds Shute almost held his own, finishing the 36th hole 2 down, 72-72 v. 71-70. Then his wood game cracked while Cotton plodded grimly, steadily on, carding a brilliant 69 for the third round and spinning along at 2 under par when he finished the match, 6 and 5 at the 67th hole. Cotton got $2,000, Shute...

Author: /time Magazine | Title: Sport: Carnoustie & Cotton | 7/19/1937 | See Source »

...Heath & Co., Publishers...

Author: /time Magazine | Title: Letters, Jun. 14, 1937 | 6/14/1937 | See Source »

When food is at last sneaked them by a waiter (Alexander Asro) who has been promised a part in their show, Mr. Loeb, after the most voracious eating scene since Mclntyre & Heath in The Ham Tree, amiably suggests that a small part be written in for the chef. In addition to the mortal drolleries of these accomplished comedians, a flanking barrage of laughs is provided by the continual reappearance of a man from the We Never Sleep Collection Agency who is trying to repossess a typewriter, an elk's head which the director loyally refuses to pawn...

Author: /time Magazine | Title: Theatre: New Play in Manhattan: May 31, 1937 | 5/31/1937 | See Source »

...business weekly called The Financial Observer appeared in Manhattan's downtown section (TIME, Feb. 15). At $10 a year, The Financial Observer booked 1,000 subscribers, among them J. P. Morgan. Newsstand sales went to 9,000 a week. Backer of the Observer was one John Bruce Heath. His respectable and even eminent staff* understood John Bruce Heath was a ; big capitalist from Canada. Actually this compelling little personage with a soft voice and wonderfully persuasive eyes was not John Bruce Heath at all but John Neville. He had been jailed for fraud in Illinois, was wanted...

Author: /time Magazine | Title: Press: Ponzi Publisher | 3/29/1937 | See Source »

...news began to break when an $8,500 Observer check for advertising promotion "bounced" from Manhattan's Chemical Bank & Trust Co. Since Mr. Heath had functioned as treasurer of Observer Co., up to this point not a soul had suspected that the paper's books would not bear auditing. Headed by Managing Director Eugene MacLean, onetime Washington Post general manager, the Observer editors promptly asked a court for an assignee to preserve the weekly's remaining assets. Next thing the staff knew, New York State Assistant Attorney General Bernard Abramson was in the office on "an anonymous...

Author: /time Magazine | Title: Press: Ponzi Publisher | 3/29/1937 | See Source »

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