Word: bankes
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Dates: during 1920-1929
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Elected. John Stewart Baker, 34, to be President of the Bank of The Manhattan Co., in New York, thereby becoming the youngest bank president in New York;* to succeed his father, Stephen Baker, who becomes chairman of the board...
...Baltimore is a younger, James McHenry, 28, active head of the Morris Plan bank. Banker McHenry is great great grandson of George Washington's Secretary of War, James McHenry...
...shrewd financier who wore a mulberry waistcoat bought on issue some shares in the Bank of The Manhattan Company, then being organized. Almost a hundred years later, in 1893, the mustachioed directors made his grandson, Stephen Baker, president of the Bank of The Manhattan Company. In the same year a son, John Stewart Baker, was born to Stephen Baker. Last week, the directors of the Bank of The Manhattan Company met again. This time they elected John Stewart Baker president to succeed his father. For Stephen Baker they created the office of chairman of their board...
There exist ample $5, $10 and $20 gold pieces. But a $2.50 piece appears just as big to a Christmas recipient. So depositors clamor for the smaller coins. This year the Treasury minted 388,000 of them and distributed them among the 12 Federal Reserve Banks. And not even at the request of many bankers would it mint more. In the New York Federal Bank district, members last week could only get ten $2.50 gold pieces each. Bonuses. Banks and investment houses are notorious for the low salaries they pay their clerks. Handsomest presents reported last week were First National...
...Gold Pieces. Christmas week, and again not enough $2.50 gold pieces to pass around for presents! Bank tellers apologized to their depositors. What could they do? The National Association of Mutual Savings Banks had sent a letter to Secretary Mellon personally, demanding $2.50 gold pieces for Christmas. He had not complied. Did you want to see a copy of that letter...