Word: manhattans
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Dates: during 1920-1929
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President Herbert P. Howell, onetime Carnegie Steel Co. executive, went from Pittsburgh to Manhattan in 1912 to become vice president of National Bank of Commerce. Here he had ample opportunity to study the workings of a Big Bank of the merging type.* Recognizing the power & potency of the Big Bank, Mr. Howell realized also that its very bigness left room for a smaller bank operating on more of a personal contact basis. So, after long consideration, and with the assistance of the tycoons mentioned above, he got together $7,000,000 for a surplus and sold $7,000,000 capital...
...long, 3 ft. 10 in. wide and weighs only 950 lbs. Production date and price have not been announced, but it is understood that the Austin will sell for less than $500. Financing of the U. S. company will be handled by Bulkley, Vallance & Co., of Manhattan...
Bonwit Teller. A Fifth Avenue, Manhattan, smartmart is Bonwit Teller & Co., founded 35 years ago by Paul J. Bonwit. Little Bonwit Tellers have been established at Miami Beach, Palm Beach, Southampton, Bar Harbor. Last week Bonwit Teller made partners of the public, offered 60,000 shares of preferred at $52. For fiscal year ending Jan. 31, 1929, Bonwit Teller showed net earnings of $563,066.66. The new financial structure will be operated by the old management...
Amused, Hugh Gordon Miller, another Manhattan attorney, produced a check for 5 cents, made out to him by the U.S. Treasury Department...
Henry Ford drew a check lately-the first he had signed personally in about five years-for 2?. He gave it to a man who had helped him buy a postage stamp. C. Walter Randall, Manhattan attorney, last week called attention to Section 293 of the U. S. Code, passed by Congress the snowy day President Taft was inaugurated, saying: "No person shall make, issue, circulate or pay out any note, check, memorandum, token or other obligation for a less sum than $1, intended to circulate as money or to be received or used in lieu of lawful money...