Bank of New York celebrates 110th anniversary at Wall Street site
The Bank of New York marks 110 years at its No 48 Wall Street location with history dating back to 1754. Cornerstone laid June 22 1774 and operations on June 9 1754 after earlier quarters at St George Square. Original building replaced in 1887 and the bank’s charter remained as Bank of New York National Banking Association. Alexander Hamilton served as director during reconstruction era after the Revolutionary War. The piece also notes a dividend outlook for United Copper Company and recalls Otto Heinze Co’s October attempt to corner stocks, contributing to the banking panic and Grose & Brechers failure.
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Toder
Bank of New York
Wall Street
First Bank
St. George Square
Treasury Department
Bank of New York, National Banking Association
Alexander Hamilton
United Copper Company
Otto Heinze & Co
United Copper
Heinzes
Stock Exchange House
Gross & Rreehers
2000 More Steel Workers Resume
In Pittsburg district today two thousand men returned to work. At Carnegie Steel Company plants in New Caste and Homestead 129 and 9 workers respectively resumed duties while mills on single shifts operate on double time, marking renewed activity in the steel industry.
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Pittebure
Pittsburg
Carnegie Steel Company
New Caste
Homestead
Wheat market rallies on May deliveries amid mixed demand
In Chicago on April 22 wheat for May delivery rose about two cents on the local exchange as shorts and bulls supported prices. May opened higher, surged to 66% and closed around 66 3/4 cents, while July and September swung due to corn weakness and favorable crop news in the Southwest. Receipts totaled 189 cars, with firm early session tone giving way to late weakness as July and September referenced pressure from corn. Provisions showed weakness with live hog declines.
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Chicago
Shorts and Bull
Northwest
Mar
Bsc
Minneapolis
Duluth
Stars neglige shirts spark new spring stock
The season for Star neglige shirts is here with fresh Spring patterns and prices from 1.50 to 3.50. The vendor touts past success selling hundreds of thousands of Star negliges and promises continued value and credit to buyers.
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