Word: bankes
(lookup in dictionary)
(lookup stats)
Dates: during 1920-1929
Sort By: most recent first
(reverse)
...Banks. In San Francisco, directors of the Crocker First National Bank and of the Crocker First Federal Trust Co. have decided to absorb the Humboldt Bank. Humboldt directors have agreed. The enlarged Crocker First National Bank will have resources...
...York City, the Financial & Industrial Securities Corp. (the investment organization of the Manufacturers Trust Co.) controls the Capitol National Bank, the Longacre Bank, and the United National Bank. Last week the Financial & Industrial Securities Corp. decided to merge those three banks as the $60,000,000 United Capitol Bank & Trust...
...International Acceptance Bank, Inc. lost approximately $1,000 last week by shipping $1,000,000 in gold coins to England. But thereby the bank gained the prestige of being the first U. S. institution since 1914 to send gold to England as a transaction in foreign money exchange...
...transatlantic steamships reduced their freight charges from $3,750 to $1,500 for each $1,000,000 of gold carried; 2) The pound sterling increased in international value above its par of $4.8665 to $4.8828. Theoretically when the pound sterling becomes worth $4.8875 it is worthwhile for U. S. banks to send gold to England. The difference of 2.1 cents is enough to pay for freight, insurance ($450 for every $1,000,000), cooperage ($60), cartage ($50), brokers' fees and loss of interest. Last week, although the pound's value was not quite up to the "gold shipping point...
...Bank deposits $51,612,000,000....gain...