Word: steele
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Dates: during 1920-1929
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...present John Pierpont Morgan was then studying finance in his father's English institutions. He returned to the U. S. and became a partner of J. P. Morgan & Co. in 1901, the year his father created the U. S. Steel Corp. Morgan Sr. died...
When the elder J. P. Morgan created the U. S. Steel Corp., he sent blocks of the new stock to his clients with a demand for their checks forthwith. They complied. J. P. Morgan clients do not refuse J. P. Morgan offerings...
They began last week selling bonds of the German United Steel Works, the combination of the Thyssen, the Phoenix, the Rheinstal and the Deutsch-Luxembourg. This grouping ranks in wealth and production only below the U. S. Steel Corp...
...Germany- the Deutsche, Dresdener, Disconto Gesellschaft and Darmstadter, those pre-War drillmasters of German industries-wanted a share of the issue. German funds have suddenly become available for investment, can be had at 2½%. So this week he will offer only $30,000,000 of the United Steel Works bonds; the German banks, the balance...
...Chairman of the U. S. Steel Corp...