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...international banking house of Speyer & Co. was 100 years old in 1937. Also, its arteries were beginning to harden. Polished little James Speyer, born...

Author: /time Magazine | Title: BANKING: After the Centenary | 6/26/1939 | See Source »

Since the World War, European connections had lost a lot of their value as the capital of the financial world moved to the U. S. There was a time when Speyer & Co. could raise $50,000,000 by cable overnight without calling on a single U. S. bank. That was long years after old Philip Speyer had sold millions of dollars worth of U. S. securities abroad to finance the Civil War, made a handsome profit for the house...

Author: /time Magazine | Title: BANKING: After the Centenary | 6/26/1939 | See Source »

...post-War twilight, Speyer & Co. floated many a foreign loan, financed railroads, built a railroad in Bolivia, power plants in Manila. But Speyer's London firm was dissolved in 1922; in 1934 the Lazard-Speyer-Ellissen banks in Berlin and Frankfurt were dissolved. Latterly Speyer & Co. has fallen into the sere and yellow leaf...

Author: /time Magazine | Title: BANKING: After the Centenary | 6/26/1939 | See Source »

Last week Jimmy Speyer, 77, wealthy, still fond of ceremonious European dining, announced what Wall Street had long been expecting: his retirement and the dissolution of Speyer...

Author: /time Magazine | Title: BANKING: After the Centenary | 6/26/1939 | See Source »

...illustrated limerick contest. First prize: twelve bottles of "1929 Heidelbach-Icpleheimer"; second, $2.50; third, a "partnership in Speyer...

Author: /time Magazine | Title: STATE OF BUSINESS: Bawl Street | 6/12/1939 | See Source »

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