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...investment houses underwrote an issue of 442,443 shares of Pure Oil Co. 5% preferred stock convertible into Pure Oil common at $22.22 per share. But the coincidence of the market smash with the slow period of gestation which the Securities & Exchange Commission requires before permitting new stock issues threw the conversion plan askew. When the offering was finally made, Pure Oil common had fallen to $17 per share. As a result stockholders who had first rights to the stock took only 8,040 shares. The underwriters then took over the balance, impounded the stock to wait for a better...

Author: /time Magazine | Title: Business: I.B.A. | 11/15/1937 | See Source »

...passes were enough to give Winthrop its lone and deciding touchdown in its triumph. First quarterback Flinn threw a pass to fullback Weller. Then Weller tossed one to right end Baumgarten, who raced over the goal from the 20-yard line. Versatile Baumgarten caught his breath, then drop-kicked the point...

Author: NO WRITER ATTRIBUTED | Title: With Championship Clinched Kirkland Loses to Puritans 7-0; Elephants Trounce Dunster 14-0 | 11/9/1937 | See Source »

...told to come but with his hands up. On getting out he suddenly pulled a gun and started firing. . . . He was trying to take his stand in the middle of the road when several bursts from machine guns lifted him off his feet and threw him to the pavement, dead...

Author: /time Magazine | Title: Letters, Nov. 8, 1937 | 11/8/1937 | See Source »

Oakes made a good gain, but Pope fumbled, Army recovered, and this time they were not to be resisted. Two rushes netted a first down, they were held for one down, gained four yards, flubbed another pass, and then threw one that gave them a first down on the seven yard line. The game was over then to all intents and purposes. Four rushes gave them a score and the point was kicked. Daughters' almost-catch was really an anti-climax, serving only to aggravate the bad heart condition of the 47,000 who attended.JIM CRAIG His Pass Leads...

Author: By John J. Reldy jr., | Title: CRIMSON LAPSES GIVE WEAK CADET ELEVEN DECISION | 11/8/1937 | See Source »

After the War the Joint Distribution Committee, with Felix Warburg as chairman, had been formed to relieve starving Jews in Central Europe. Out of the $80,000,000 spent. Felix Warburg gave $10,000,000. Then the Nazis seized the power in Germany and Felix Warburg threw all of the Committee's energies into the task of helping Jews move out of the reach of Adolf Hitler. While Felix helped thousands of Jews to leave. Max and Fritz remained, however, in Hamburg. Felix Warburg was no ardent political Zionist. He gave great sums to Jews in Palestine...

Author: /time Magazine | Title: Business & Finance: Death of Warburg | 11/1/1937 | See Source »

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