Last week witnessed the introduction to the buying public of another great family business. At a figure between 60 and 75 millions, suave, saturnine Clarence Dillon,* 43-year old chief of Dillon, Read & Co., Wall St., Manhattan, took over the assets and liabilities of the National Cash Register Co. (Dayton, Ohio) and invited the public to assimilate 60 millions worth of new securities with correctly calculated confidence that his invitation would not be ignored.
His special corps of 200 accountants had told Mr. Dillon that the N. C. R. Co. concern possessed...
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