Business & Finance: Personnel: Jun. 10, 1935

Last week the following were news:

¶ In Reconstruction days after the Civil War good housewives bought "Pratt's Astral Oil," a clear-burning, high-grade brand of kerosene refined on Long Island by two bright young men named Charles Pratt and H. H. Rogers. John Rockefeller bought out their firm in 1874, taking the two partners with him. At that time Herbert Lee Pratt was a three-year-old in the oilman's large family. When he was 23 and his father had grown exceedingly rich as a Rockefeller henchman. Son Herbert was graduated from Amherst in the Class of 1895 along with Dwight Morrow and Calvin...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!