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Aldrich leads clean up at Chase amid big writeoffs
Central Press staff presents a portrait of Winthrop W. Aldrich as Chase National Bank president driving a renovation of the board and allocating 565.7 million from surplus to charge offs and reserves. The article notes Fox Films loans as chief loss. It also flags pessimism in international finance and broad writeoffs totaling 425 million dollars since 1929 by New York banks.
MENTIONED IN THIS ARTICLE
New York
Winthrop W. Aldrich
Chase National Bank
John D Rockefeller
Morgan
America
Fox Films Corporation
General Theaters Equipment Corporation
Aldrich
Fox
Norman Is Devis
United States Senate Congress
J P Morgan & Co