Word: bankes
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Dates: during 1920-1929
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West Palm Beach. The Commercial Bank & Trust Co. closed its doors, thereby stirring up a run against the Palm Beach Bank & Trust Co. It closed also. But the other six banks of the city met all demands. Merchants strengthened the bank situation by guaranteeing their employes' deposits...
Miami. Four suburban banks closed, each with deposits approximating $1,000,000; Bank of Coconut Grove (capital $25,000), Bank of Buena Vista (capital $50,000), Bank of Little River (capital $20,000), Bank of Dania (capital $30,000). Low capitalization against the vast deposits accepted was one important cause of this banking frailty. But President George Romfph of the Miami Clearing House Association blames the situation on outside control and loans on outside paper...
...Three banks in the Miami neighborhood withstood serious runs during the week: Bank of Hollywood, Bank of Allapattah, Bank of Hialeah...
That sweetening of labor which is a salary bonus sifted unexpectedly and in unusual ways upon three working groups last week. In Manhattan, each employe of the First National Bank discovered one morning a novel mid-year gift, an unexpected bonus equal to his entire year's salary. At the end of a year every bank employe expects some kind of bonus. It is his wage gamble against usually meagre salaries. This bonus was different. It was the personal gift of the bank's board chairman, George Fisher Baker, to 148 clerks and junior officers. It approximated...
...riot take any stock in the rumors that the shares of the Steel Corporation will be split and put on a $4 or $5 basis." Ryan. Governors of an institution the joint resources of which total one billion dollars, the Board of Directors of the National City Bank of New York, last week sat in solemn conclave. The roster of the world's most potent bank includes the names of Capitalist N. F. Brady, Shipper P. A. S. Franklin, Soap Man W. C. Procter, besides many another bigwig. To this array was added the name of John D. Ryan...