STUPENDOUS FINANCING.
PIERPONT MORGAN DOES MORE “MERGING.” United Peess Association— Copyright. NEW YORK, Jan. 5. Owing to Mr. T. E. Ryan, a prominent financier, retiring, Mr. Pierpont Morgan and' his associates have acquired control of the Morton Trust and the Fifth Avenue Banking Companies, which will be consolidated with the Guaranty Company of New York: Mr Morgan intends the merging to likewise include the Bankers’ Trust Company, thus forming the largest trust company in America. _ The American newspapers, discussing Mr Pierpont Morgan’s stupendous control of capital, declare that it ha® now reached £600,000,000.
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Gisborne Times, Volume XXVIII, Issue 2704, 7 January 1910, Page 5
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93STUPENDOUS FINANCING. Gisborne Times, Volume XXVIII, Issue 2704, 7 January 1910, Page 5
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