Word: banke
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Dates: during 1940-1949
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PERCY J. EBBOTT, 61, became president of Manhattan's Chase National Bank, third largest in the U.S.* He will share the chief executive duties with Board Chairman Winthrop W. Aldrich. Ebbott's predecessor, Arthur W. McCain, became vice chairman. A ruddy-faced, friendly Midwesterner, born in Fort Atkinson, Wis., Ebbott worked at sales and manufacturing before entering banking, has been a Chase vice president since...
...first two: Bank of America; National City Bank...
Heretofore, the agents received letters of commitment from ECA and issued letters of credit to ECA countries. Under an optional plan ECA will set up accounts in the Federal Reserve Bank of New York on which ECA countries may draw, roughly like writing a check. The ECA countries will not be required to sever long-standing relationships with private agents. But for the first time in history, foreign governments, if they want to, will be able to draw on the U.S. Government direct...
...result, ECA nations will be able to save sizable sums which commercial banks had been collecting as service fees and interest charges. On the banking side, the big losers will be New York's Chase National Bank, Bankers Trust Co. and J. P. Morgan & Co., Inc., which have handled $439 million of the funds...
Director Ford was apparently trying to develop a muscular yarn about the effect of innocence and helplessness on man's wickedness. Three escaping bank bandits, in Technicolor, stumble across a woman in childbirth, stranded in a covered wagon during a sandstorm. The crooks, all 15-minute eggs, immediately begin quaking with spasms of oldtime religion, secondhand paternal pride and firsthand conscience. One of the godfathers (Harry Carey Jr.) dies from exhaustion and a slight wound he picked up in the robbery. Another (Pedro Armendariz) breaks a leg and has to shoot himself. That leaves John Wayne and Baby; Mother...