Word: nationales
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Dates: during 1920-1929
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Exceptional in its character, Commercial National has also been exceptional in its progress. The bank was formed with capital stock of $7,000,000 and surplus of $7,000,000. A late June statement showed deposits of $76,589,035.84, undivided profits of $886,351.04. At this rate the bank...
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...
The favorable conditions under which Commercial National came into being were the prevailing and continued high money rates. For a considerable period last spring loans to brokers bore interest at from 10% to 15% and time loans were well over 8%.
* Only about a month after Mr. Howell had opened his Commercial National, the National Bank of Commerce merged with Guaranty Trust.
Western Newspaper Union. Many a country newspaper, weekly or daily, appears with its inside pages made up of either boiler plate or patent insides. It is from Western Newspaper Union that most of the boiler plate and the patent insides come. Boiler plate is the trade name for stories and...