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Author: Francis Murray Huston Publisher: Forgotten Books ISBN: 9780666466884 Category : Business & Economics Languages : en Pages : 752
Book Description
Excerpt from Financing an Empire, Vol. 1: History of Banking in Illinois In the preparation of this work the author has had constantly before him the twofold function of a historian, namely, the recording of events and analysing their proportionate significance to the sub ject he is treating. In some instances it has been found necessary to sacrifice chronolgy in order that the manifold factors in the bank ing development of Illinois might be shown in a more logical relation, n but on the whole the historical order in which events occurred has been adhered to in telling the story. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author: Francis Murray Huston Publisher: Forgotten Books ISBN: 9780666466884 Category : Business & Economics Languages : en Pages : 752
Book Description
Excerpt from Financing an Empire, Vol. 1: History of Banking in Illinois In the preparation of this work the author has had constantly before him the twofold function of a historian, namely, the recording of events and analysing their proportionate significance to the sub ject he is treating. In some instances it has been found necessary to sacrifice chronolgy in order that the manifold factors in the bank ing development of Illinois might be shown in a more logical relation, n but on the whole the historical order in which events occurred has been adhered to in telling the story. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author: Francis Murray Huston Publisher: Forgotten Books ISBN: 9780260467256 Category : Reference Languages : en Pages : 622
Book Description
Excerpt from Financing an Empire, Vol. 2: History of Banking in Illinois The Commercial National had built its deposit account up to fifty million dollars, without merger or consolidation when on September 1, 1909, it took over the Bankers National Bank. The Bankers National Bank was a promi nent institution and had deposits in excess of twenty million dollars, As a part of this consolidation plan the capital-stock of the Commercial National was increased to seven million dollars. The Bankers National made, therefore, an important addition to the components of what subsequently became the Continental and Commercial National Bank. On April 1, 1910, the capital stock of the Conimercial National Bank was increased to eight million dollars. At the same time the Commercial Trust and Savings Bank was organized with capital of one million dollars. Early in 1910 negotiations were opened by the Continental Bank's officials with the directors of the Commercial National Bank with a view to unifying these two interests. The negotiations were brought to a successful conclusion and on August 1, 1910, the Continental National Bank and the Commercial National Bank were merged under the name of the Continental and Commer cial National Bank of Chicago. The new bank had a capital of twenty million dollars and surplus of ten million dollars. The number of banks which were consolidated or merged before the final consolidation of interests August 1, 1910, had been reduced to four major units in the year preceding. The four institutions were the Continental Na tional Bank, the Commercial National Bank, the Commercial Trust and Sav ings Bank and the American Trust and Savings Bank. As a part of the general merger the American Trust and Savings Bank and the Commercial Trust and Savings Bank were consolidated under the name of Continental and Com mercial Trust and Savings Bank. The capital stock of this institution was owned by the stockholders of the National Bank. Thus the union of national and state bank - of commercial, savings, trust and investment business - was insured. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Author: Wanda Bowman Publisher: ISBN: 9780692981801 Category : Languages : en Pages : 110
Book Description
When it comes to financial and professional success, Wanda P. Bowman believes there are two key words. These words have nothing to do with financial terminology. Instead, they are "purpose" and "passion." She wants these two important concepts to guide you as you come up with a life plan and start building up your personal finances. Without purpose or passion, it's all meaningless. Bowman hopes you keep these two words in mind as you work through this simple guide to personal finance and money management. The concepts and techniques she introduces can take you far on your own journey to success. With her guide, Bowman shows you the importance of finding a job you love, investing in yourself, creating a budget, divorcing your idea of success from others', seeking out alternate revenue streams, paying off your credit card debt, saving for retirement, starting an emergency savings account, and preparing for the future. Bowman stresses how valuable independence is in your life. Her own goal was to create a retirement where she did not have to depend on social security. She used her creativity, vision, and passion to make that possible. Now she wants to show you how to do the same!
Author: Peter James Hudson Publisher: University of Chicago Press ISBN: 022645925X Category : Social Science Languages : en Pages : 370
Book Description
From the end of the nineteenth century until the onset of the Great Depression, Wall Street embarked on a stunning, unprecedented, and often bloody period of international expansion in the Caribbean. A host of financial entities sought to control banking, trade, and finance in the region. In the process, they not only trampled local sovereignty, grappled with domestic banking regulation, and backed US imperialism—but they also set the model for bad behavior by banks, visible still today. In Bankers and Empire, Peter James Hudson tells the provocative story of this period, taking a close look at both the institutions and individuals who defined this era of American capitalism in the West Indies. Whether in Wall Street minstrel shows or in dubious practices across the Caribbean, the behavior of the banks was deeply conditioned by bankers’ racial views and prejudices. Drawing deeply on a broad range of sources, Hudson reveals that the banks’ experimental practices and projects in the Caribbean often led to embarrassing failure, and, eventually, literal erasure from the archives.
Author: Marlene Smith-Baranzini Publisher: Univ of California Press ISBN: 9780520217706 Category : Business & Economics Languages : en Pages : 532
Book Description
A collection of essays on mining and economic development in California from the Gold Rush through the end of the 19th century. This is the second in a series of four volumes comemmorating the state's sesquicentennial.
Author: Albert J. Churella Publisher: University of Pennsylvania Press ISBN: 0812207629 Category : History Languages : en Pages : 970
Book Description
"Do not think of the Pennsylvania Railroad as a business enterprise," Forbes magazine informed its readers in May 1936. "Think of it as a nation." At the end of the nineteenth century, the Pennsylvania Railroad was the largest privately owned business corporation in the world. In 1914, the PRR employed more than two hundred thousand people—more than double the number of soldiers in the United States Army. As the self-proclaimed "Standard Railroad of the World," this colossal corporate body underwrote American industrial expansion and shaped the economic, political, and social environment of the United States. In turn, the PRR was fundamentally shaped by the American landscape, adapting to geography as well as shifts in competitive economics and public policy. Albert J. Churella's masterful account, certain to become the authoritative history of the Pennsylvania Railroad, illuminates broad themes in American history, from the development of managerial practices and labor relations to the relationship between business and government to advances in technology and transportation. Churella situates exhaustive archival research on the Pennsylvania Railroad within the social, economic, and technological changes of nineteenth- and twentieth-century America, chronicling the epic history of the PRR intertwined with that of a developing nation. This first volume opens with the development of the Main Line of Public Works, devised by Pennsylvanians in the 1820s to compete with the Erie Canal. Though a public rather than a private enterprise, the Main Line foreshadowed the establishment of the Pennsylvania Railroad in 1846. Over the next decades, as the nation weathered the Civil War, industrial expansion, and labor unrest, the PRR expanded despite competition with rival railroads and disputes with such figures as Andrew Carnegie and John D. Rockefeller. The dawn of the twentieth century brought a measure of stability to the railroad industry, enabling the creation of such architectural monuments as Pennsylvania Station in New York City. The volume closes at the threshold of American involvement in World War I, as the strategies that PRR executives had perfected in previous decades proved less effective at guiding the company through increasingly tumultuous economic and political waters.
Author: Jean Jacques Van Helten Publisher: Edward Elgar Publishing ISBN: 9781781959411 Category : Business & Economics Languages : en Pages : 248
Book Description
"This important, well edited.... collection of essays focuses primarily on the contentious relationship between finance and industry, revealing the jury to be still out on the thorny question of the City" culpability. David Kynaston, The Financial Times "An extremely useful and informative volume. Michael Collins, University of Leeds, UKCapitalism in a Mature Economy charts the development of the City as the undisputed financial centre of the world in the late nineteenth and the early twentieth centuries, reflecting Britain's dominant position in the world economy. The book focuses on four inter-related themes: the development and operations of English capital markets including the stock exchange and the clearing and merchant banks, the financing of British industry, the role of financiers and company promoters, and the financing of British overseas capital investment and trade.
Author: Rondo Cameron Publisher: Oxford University Press ISBN: 0195345126 Category : Business & Economics Languages : en Pages : 670
Book Description
This book, the product of a unique international scholarly collaboration sponsored jointly by the American Council of Learned Societies and the Soviet Academy of Sciences, provides a comprehensive survey on international banking from 1870 to 1914. In that period international investment reached dimensions previously unknown, and the banking systems of the world achieved a degree of internationalization without precedent. The book's authors, twenty-five scholars from fifteen countries, are the acknowledged experts in their fields. They detail the origin and development of internationally oriented banks in each major country, and explain their role in foreign investment and industrial finance. They look at all areas of the world that were involved in international investment, either as investors, recipients of investment, or both. The definitive work on international banking from 1870 to 1914, this book will interest scholars and students in financial and banking history, bankers and economists in the finanical industry, and general historians.
Author: Gerard Caprio Publisher: Academic Press ISBN: 0123978734 Category : Business & Economics Languages : en Pages : 635
Book Description
This title begins its description of how we created a financially-intergrated world by first examining the history of financial globalization, from Roman practices and Ottoman finance to Chinese standards, the beginnings of corporate practices, and the advent of efforts to safeguard financial stability.
Author: Liaquat Ahamed Publisher: Penguin ISBN: 9781594201820 Category : Business & Economics Languages : en Pages : 584
Book Description
Argues that the stock market crash of 1929 and subsequent Depression occurred as a result of poor decisions on the part of four central bankers who jointly attempted to reconstruct international finance by reinstating the gold standard.