Word: steeling
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Among those Atchison directors are such bishops of U. S. finance as: William Benson Storey, President of the Atchison; Edward Julius Berwind, Manhattan holder of coal, shipping and transportation enterprises; William Chapman Potter, President of the Guaranty Trust of Manhattan; Arthur Twining Hadley, President Emeritus of Yale; Charles Steele, Morgan partner; Henry Smith Pritchett, President of the Carnegie Foundation since 1906; and Myron Charles Taylor, Chairman of U. S. Steel's finance committee...
Charles Michael Schwab (chairman of the board of Bethlehem Steel Corp.) arrived in Manhattan on the Aquitania, having completed his 77th crossing of the Atlantic. After the usual "I am always an optimist in regard to American business," he said that he wears button shoes because he can get somebody to button them for him; that he always patronizes the same tailor because that tailor wears exactly his size clothing. Mr. Schwab will return to England in April to receive the Bessemer medal* from the British Industrial and Steel Institute. Will H. Hays, famed deus ex machina...
...Awarded annually from a fund left by the late Sir Henry Bessemer (1813-98), inventor of the Bessemer blast furnace for converting pig iron into steel...
...share. It was then selling at $187.25. It shot up to $199, and in two hours of trading the shares of his corporation increased $47,850,000 in value, making an aggregate market value for the company of $3,306,000,000, another record gone. (U.S. Steel's stock is worth...
Instead of putting their money in a shoe, cautious people often buy bonds. There is a feeling of safety in a crisp bond; it is backed up by buildings, lands, machinery, steel, coal?things. People can go and see or touch the things that make their bonds secure. But what about newspaper bonds? Only a fraction of their security is based on buildings and presses; the rest is good-will (of readers and advertisers). Indeed, a cautious investor might be alarmed if he asked himself the question: "How do I know definitely that anyone is going to buy this newspaper...