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...indemnity asked for by Italy in her ultimatum. (TiME, Sept. 10.) Sir Basil, "citizen of the world," noted philanthropist, famed international financier, notorious "mystery man," born in Egypt, reputed subject of Greece and Great Britain, citizen of France, denied that he had given money to Greece. Inquired The Wall Street Journal: New York World cable says you deposited two and a half million dollars to guarantee Italian reparations, but not solely altruistic as with English, French and America capitalists you had big scheme afoot to develop Salonica Ghevgely Railroad, which would supplant Egypt Oriental route by Italy. Give me personal...
Advertising pays just as liberally in Wall Street as elsewhere. Gilded on its windows or carved on its lintels, appear the names of countless bankers and brokers, all just as anxious to impress the passer-by with their particular names as firms are anywhere else. Even the Stock Exchange and the Chamber of Commerce feel it necessary to label themselves quite plainly for the benefit of the man in the street...
...Wall Street. Big Business on Wall Street viewed the Italo-Greek situation " cheerfully", It was pointed out that in 1914 the international financial markets were thrown into a high state of excitement by European demands for loans. The present state of the market was practically unaffected by the Italian ultimatum, and no loans were asked for by Italy from U. S. or European (including Italian) bankers. As Italy cannot go to war without money, it is assumed that Italy is not planning an offensive...
...supplanted London as the financial centre of the world, nevertheless the rivalry of the two great financial capitals is today even keener than three years ago. Particularly is this seen in the flotation of foreign government loans, a work in which London was formerly supreme, but in which Wall Street is now proving a challenging competitor. Last week, the two centres competed directly for the flotation of the new $20,000,000 Norwegian loan. New York won, just as she did in the struggle for the recent $20,000,000 Swiss loan. The Austrian loan was shared between London...
...Wall Street-it beat The City in the Norwegian race and is ready for more...