On Oct. 23, 1929, the New York Curb listed 1,227,392 preferred shares and 7,477,392 common shares of Blue Ridge Corp., investment trust sponsored by Harrison Williams and by Goldman, Sachs & Co. As the same date is more memorable as opening day for greatest market crash in history, unfortunate has been Blue Ridge's Curb career. In retrospect, indeed, the history both of Blue Ridge and of Shenandoah Corp., companion investment trust formed by the same interests, appears somewhat ironic. In August, Blue Ridge had announced a policy of exchanging its shares for shares...
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