Word: weekes
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Dates: during 1940-1949
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...Manhattan, biggest earner to report last week was National City, which listed $17,651,170, including profits of $6,897,525 on trade in securities. Not counting securities profits which National City, like many another bank, cannily retired to reserve, its net was 38.7% above...
Long has the New York Stock Exchange wailed that nobody understands it at all. Recently it hired Elmo Roper, specialist who conducts FORTUNE'S Survey, to find out for sure. He sampled 5,166 men and women, carefully scattered as to place, age, income, occupation. Last week the Exchange published the first installment of his findings: the answer to what the U. S. doesn't know about...
...Last week U. S. banks great and small sedately advertised their annual year-end statements and financial pages reported their year-end earnings. No news were their latest over-all statistics: that they had more deposits than ever before ($42,022,000,000 in Federal Reserve member banks, up $4,596,000,000); that due to the inflow of war-scared gold from Europe they had record excess reserves ($5,200,000,000, up $2,128,000,000); that they had a record amount of idle cash (almost $6,000,000,000, up over...
...Pacific Coast's second biggest banker (No. 1 A. P. Giannini). Since October 1938 he has been out of Anglo California National Bank, and a bankruptcy receiver has been collecting his assets to pay off his creditors (whose 76 claims originally totaled $18,881,653). Last week, with unsecured claims reduced to about $3,000,000, Anglo California slapped a $160,000 suit on Fleishhacker's onetime lawyer, famed Hearst Counsel (until 1937) John Francis Neylan...
Having repudiated even Herbert Fleishhacker's lawyer, Anglo California also gave up its last connection with the name of Fleishhacker. Herbert's solid, solemn brother Mortimer, who resigned as president and board chairman last year, last week retired from the bank's directorate. The name of Fleishhacker appeared no longer to be a banking asset...