MORGAN'S MILLIONS.
HUGE PURCHASES. GIGANTIC MERGING OF BANKLW INTERESTS. B.i Cable- Press Assoclatioii-CopyTigfcl Received 6, LIS a.m. New York, December 18. Pierpont Morgan has secured control of tin- Equitable Life Ansursnce Society of New York, with its 04 millloni iterlinj of assets. The purchase is interpreted In Wall Street as foreshadowing a gigantic merging ot banking interests. Morgan recently purchased the Guarantee Trait with a capital and resources of 20 millloni sterling. Moderate American newspapers aiti* mate the resources Morgan now : contfoll at »o0 millions sterling.
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Taranaki Daily News, Volume LII, Issue 257, 6 December 1909, Page 2
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86MORGAN'S MILLIONS. Taranaki Daily News, Volume LII, Issue 257, 6 December 1909, Page 2
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