Word: trust
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Dates: during 1920-1929
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Stock of the Continental National Bank & Trust Co., Chicago's biggest bank, seventh largest in the U. S., mounted in three weeks from $545 to $676. And stock of the Illinois Merchants Trust Co., second biggest in Chicago, tenth in the U. S., jumped from...
From Santa Barbara, Calif., came a report that Hero Charles Augustus Lindbergh was piloting Banker John J. Mitchell Jr. to Chicago. As every Chicagoan knows, young Banker Mitchell's father had been President of Illinois Trust for nearly 50 years. Deep and abiding was the impression made by the elder Mitchell on U. S. finance. Himself the son of a banker, he became a power not only in Chicago but in Manhattan's Wall Street. His counsel guided such tycoons as George M. Pullman (Pullman cars) and Cyrus H. McCormick (International Harvester...
Decoded, it would have read: "Have received no letter from you since June 3rd. Are you all right? Please reply by telegraph. Pancake." The recipient of the cable would have recognized the mysterious Pancake as Carl O. Pancake, assistant secretary of the Guaranty Trust Co., technical delegate to the approaching International Telegraph Conference at Brussels...
...Manhattan offices of the Guaranty Trust Co., last week, Delegate Pancake conferred with fellow delegates, viewed with alarm a proposed change in cable rates. Up for discussion at Brussels will be the "Cortina report," recommending that code words be limited to five letters instead of ten, the cost of sending a 5-letter word to be 68% of the present 10-letter rate. Thus Mr. Pancake's hypothetical cable would read
Close friend of President Graustein is President Frank D. Comerford of New England Power. Last week, New England's Comerford came to the board of directors of International Paper, joining a group of potent New York and Boston financiers. Among them: Frank N. B. Close (vice president, Bankers Trust Co.) ; H. C. Phipps (New York Trust Co.); Ogden M. Reid (president, New York Tribune, Inc.); John R. Macomber (president, Harris, Forbes...