Word: weekes
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Dates: during 1930-1939
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...addition to its carrier service (in which it has a virtual monopoly) Pullman also engages in the manufacture and sale of passenger and freight cars. Last week it arranged to strengthen its dominant position in this field by absorbing Standard Steel Car Co. and its affiliated Osgood-Bradley Car Co. From this merger Pullman would diversify its production to include street railway cars, steel forgings, grey iron castings, as well as increase its railroad car production...
...wrecked ships show that seas are stormy, so last week two corporate ailments indicated troubled conditions in their respective industries...
...have shared in the general decline of New England industries, but the copper and brass manufacturers thrive above all others, produce 70% of U. S. fabricated brass. In 1922 Anaconda Copper Mining Co. reached into this region, bought American Brass Co. Later Kennecott absorbed Chase Brass & Copper Co. Last week Scovill Manufacturing Co., most venerable of all the Valley's brass companies, figured in a deal, but, absorbing instead of being absorbed, continued an expansion policy in buying A. Schrader's Sons, Inc. of Brooklyn...
...Last week there came a realignment of Standard's controlling interest. Through a complicated rearrangement of Standard's financial structure, a group of capitalists headed by Harris, Forbes & Co. secured control of the Standard System, although leaving to the Byllesby Company the management and operation of Standard properties. The reorganization represented the amicable settlement of a dispute which had arisen between Byllesby & Co. and Standard's common stockholders. Byllesby's control of the System lay in its ownership of a special issue of 1,000,000 shares of preferred stock which carried a vote with every share. Through United States...
...Colombia last week went South American Gulf Oil Co., subsidiary of Gulf Oil Corp., the great Pennsylvania petroleum company controlled by the great Pennsylvania Mellons. All field operations were suspended following the decision of the Colombian legislature to add 16% tax to existing royalties collected by the government from oil producers...