Word: p
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Dates: during 1930-1939
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...Messrs. J. P. Morgan & Co. announce that they propose to admit to general partnership on February 17, 1939, Messrs. Henry C. Alexander, I. C. Raymond Atkin, and William A. Mitchell...
...week full of important utility events (see p. 58), North American's successful reshaping was not the least significant. It was: 1) the first publicly offered bond issue of 1939, and thus broke the capital market's ominous stagnation; 2) the first major public utility holding company financing since passage of the death sentence drove the industry into financial hibernation four years...
...Wall Street one day last week J. P. Morgan humped himself from his desk at the far end of the big room in which all Morgan partners sit, walked through the lobby to a small reception room and greeted reporters with a "Good day, Gentlemen." At that point Mr. Morgan's usual embarrassment overtook him, he muttered something about his firm's being "short-handed," then passed around flimsy sheets bearing the curt announcement...
Both Isaac Cubitt Raymond Atkin and William Arthur Mitchell got their start with the Traders Bank of Canada as junior clerks (i.e., office boys with standing). Both stayed with the bank when it was merged with the Royal Bank of Canada; both became inspectors. In 1925, when J. P. Morgan needed two good commercial bankers, both were hired. Both went to live in New Jersey, to play golf together on week ends. In 1931 both were upped to the newly created title of manager. Both gained prestige when Morgan gave up underwriting and concentrated on commercial banking...
From the ranks of those who answered the postcards in the affirmative, P. B. H. has a nucleus of administrators for any program they may wish to undrtake. Now that the first step has been taken and the seed sown, the future success of the committee in solving the difficult problem of acclimation depends largely upon the wisdom of their subsequent program of action...