Business: Faith, Bankers & Panic

(See front cover)

Black, Starr & Frost-Gorham, Inc., famed Manhattan jewelers, opened the doors of their new Fifth Avenue store last week. The interior was 16th century Italian Gothic. Displayed was a $750,000 pearl necklace, exquisitely matched.

Lee and J. J. Shubert and Max J. Kramer, Broadwayites, announced that they would build on Broadway a $15,000,000 theatre-hotel.

U. S. Steel and American Can declared extra common dividends of $1.00. American Tobacco Co. declared dividends of $2.00 each on both common and common B shares. Bon Ami declared $1.00...

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