25 YEARS AGO
Aggregation of Capital
(From "The Dominion,” Jan. 7, 1910)
Owing to Mr. T. F. Ryan, the prominent financier, retiring, Mr. Pierpont Morgan and his associates have acquired control of the Alorton Trust and the Fifth Avenue Banking Companies, which lie consolidated with the Guaranty Company of New York. Mr. Morgan intends the merger likewise to include the Bankers' Trust Company, thus forming the largest trust company in America. The American press is discussing Mr. Morgan’s stupendous control of capital, which they declare has now reached a total of £.600,000,000.
There is not the slightest doubt but that the AVaikare, which struck a rock in Dusky Sound, will never be savefl. At the moment, if the slightest sea arises, slie will slip back and disapear for ever. On. the day before yesterday she sank three feet at the stern, and it is considered almost certain that by this time she is at the bottom.
The yacht, Sayonara, which has several times won the trophy (the Sayonara Cup) which tlie owners presented as a perpetual challenge cup, has changed hands. Iler new pwner is Mr. J. Dixon. iiiiiiiiiiiiiiiiiiHiiiiiiiiiiiiiiiininiiiiiiiiHi
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/DOM19350109.2.55
Bibliographic details
Ngā taipitopito pukapuka
Dominion, Volume 28, Issue 89, 9 January 1935, Page 8
Word count
Tapeke kupu
18925 YEARS AGO Dominion, Volume 28, Issue 89, 9 January 1935, Page 8
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Dominion. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in