Last week another vast business passed, from the family that built it, toward the hands of the public. Eldridge R. Johnson, the Camden, N. J., mechanic who 32 years ago took the squeak out of toy phonographs like the ones he saw at Coney Island; his son, E. R. Fenimore Johnson, and his secretary, H. R. Hathaway, turned over a majority holding of common stock in the Victor Talking Machine Co. to J. and W. Seligman & Co., Manhattan brokers, and Speyer & Co., Manhattan bankers. For...

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