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Morgan partner testifies. Washington, D.C., Dec. 18. Appearing at the Senate Railroad Financing Inquiry today, Arthur M. Anderson, Partner in J.P. Morgan & Co., told the Committee that his firm and other New York banks "lost money" through financing the terminal deal between Missouri Pacific Railroad and Terminal Share Inc. Anderson admitted that Morgan handled a $61,000,000 Missouri Pacific bond issue in 1931

Scheduled to tell Monopoly Committee of iron firm's financing. Washington, D.C., Dec. 14. B.A. Tomkins on the Bankers Trust Co. of New York City, photographed with Sen. Joseph O'Mahoney, Chairman of the Monopoly Committee, is scheduled to tell the committee sometime today of the financing of the Cleveland Cliffs Iron Co. Left to right: Sen. O'Mahoney and Tomkins

J.P. Morgan buys $10,000 bond - Public domain portrait photograph

Railway heads. Washington, D.C., March 11. M.W. Clement, (left) President of the Pennsylvania Railroad, and Daniel Willard, Prexy of the B&O, pictured at the meeting of the Board of Directors of the Association of American Railroads here today. The Executives were called into special session to seek a relief for the "critical financial condition" of the Nation's largest industry, 31138

Last-minute huddle. Washington, D.C., Dec. 8. Harvey D. Gibson, (standing) President of the Manufacturers Trust Company, goes into a last minute huddle with John P. Murphy, Director of the Mid-America Corporation, before the Senate Inquiry into Railroad financing today. Gibson testified that his company advanced to Mid-America Corporation $1,600,00 of the $3,121,00 used to purchase the Van Swerigan securities at auction

Listen in on transportation conference. Washington, D.C., Nov. 22. Fred I. Kent, Left, representing the American Bankers' Association, and Milton Harrison, financier, listen in on the Transportation Conference at the U.S. Chamber of Commerce today. To seek ways and means for solving the railroad's financial difficulties was the purpose of the meeting which was attended by representatives of all types of transportation

Senior Morgan Partner appears before National Monopoly Committee. Washington, D.C., Dec. 15. George Whitney, Senior Partner of J. Pierpont Morgan & Co., was questioned by the National Monopoly Committee today regarding the relationship of the Morgan firm with the American Telephone and Telegraph Co. The Morgan Co. underwrite almost $2,000,000,000 of bonds for the A.T. & T. during the last 33 years. Whitney described the investment banking business as 'competitive as the dickens'

In spotlight at Monopoly Committee hearing. Washington, D.C., Dec. 20. Snapped in an informal conversation at today's session of the National Monopoly Committee were, left to right: Harold Stanley, President of Morgan, Stanley & Co., George Whitney, of J.P. Morgan & Co., and Russell Leffingwell of J.P. Morgan & Co. Leffingwell was an Assistant Secretary of the Treasury during the Wilson Administration

Former Van Swerigen counsel appears before senate railroad financing committee. Washington, D.C., Oct. 20. John P. Murphy, General Counsel for the Van Swerigan Brothers during the years in which they expanded modest real estate holdings into a vast railroad empire, was the first witness today as the senate railroad financing committee resumed hearings. Murphy denied the committee's accusation that acquisition of the Missouri Pacific railroad by the Van Swerigans in 1929 was counter to ICC policy

Morgan partner testifies. Washington, D.C., Dec. 18. Appearing at the Senate Railroad Financing Inquiry today, Arthur M. Anderson, Partner in J.P. Morgan & Co., told the Committee that his firm and other New York banks "lost money" through financing the terminal deal between Missouri Pacific Railroad and Terminal Share Inc. Anderson admitted that Morgan handled a $61,000,000 Missouri Pacific bond issue in 1931

description

Summary

A black and white photo of a man in a suit and tie.

Public domain portrait photograph, free to use, no copyright restrictions image - Picryl description

Wall Street in Lower Manhattan is one of the most famous streets in the world, known for its role in the international financial system. Wall Street is the symbolic and geographic center of American capitalism. Geographically, Wall Street is the center of Manhattan's financial district. It runs east/west for eight blocks from Broadway to South Street. The Street ran along a physical wall built by Dutch settlers when New York was still a Dutch Colony. Then-Governor Peter Stuyvesant ordered a 10-foot wooden wall that protected the lower peninsula from the British and Native Americans. It later became a street bazaar where traders met under a now-famous buttonwood tree. New York Stock Exchange is located on 11 Wall Street. History Of The New York Stock Exchange The NYSE was founded 17 May 1792 when 24 stockbrokers signed the Buttonwood Agreement on Wall Street in New York City. Other businesses: The New York Federal Reserve Bank is at 33 Liberty Street, in close proximity to the Stock Exchange. The NASDAQ OMX is on 1 Liberty Place. Goldman Sachs is at 200 West Street, and JPMorgan Chase is at 200 Park Avenue. The NYMEX is at One North End Avenue in the World Financial Center. Wall Street Journal is at 1211 Avenue of the Americas.

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district of columbia washington dc glass negatives morgan partner morgan partner senate railroad senate railroad inquiry inquiry today arthur arthur m anderson committee firm banks new york banks money pacific missouri pacific railroad terminal share inc terminal share inc bond issue missouri pacific bond issue senator wall street new york ny new york new amsterdam united states history library of congress
date_range

Date

1900 - 1940
person

Contributors

Harris & Ewing, photographer
collections

in collections

Wall Street

New York's Wall Street
place

Location

Washington, District of Columbia, United States ,  38.90719, -77.03687
create

Source

Library of Congress
link

Link

http://www.loc.gov/
copyright

Copyright info

No known restrictions on publication.

label_outline Explore Senate Railroad, Arthur M, Missouri Pacific Railroad

Hiram Payne to Abraham Lincoln, Monday, May 28, 1860 (Inquiry regarding Lincoln's genealogy)

Abraham Lincoln to Stephen A. Hurlbut, Monday, May 02, 1864 (Court of inquiry)

Grant County, Oregon. Malheur National Forest. Lumberjack making a "rubberman". This rubberman is used when a lumberjack who is sawing down a tree does not have a partner. The cross-saw is attached to the heavy rubber belt which holds saw secure while one man saws

Informs President SEC ready to proceed with investigation of insurance companies. Washington, D.C., Jan. 24. William O. Douglas, Chairman of the Securities and Exchange Commission, leaving the White House today after reporting to President Roosevelt that the commission was ready to proceed with its investigation of insurance companies in connection with the present monopoly inquiry. He indicated the SEC would be concerned primarily with the investment and managerial phases of insurance company operation and said approximately $300,000 would be required to carry out the work in this calendar year, 1/24/38

A black and white photo of a man picking apples. Office of War Information Photograph

John Derham, Dennis Morgan, 11/17/20

Prominent at slush inquiry. Harry Baker, former Republican State Chairman of Pennsylvania and Vare Manager, (left) and Edward E. Beidleman, Vare's ally running for the gubernatorial nomination, who were questioned about the financial arrangements made in the formation of the Vare-Beidleman coalition at the slush inquiry in Washington, June 21st

Senate Committee questions Pennsy head. Washington, D.C., Dec. 15. Martin W. Clement, President of the Pennsylvania Railroad, today told the Senate Rail Inquiry that there had never been any objection from the Interstate Commerce Commission to salaries paid Directors of the road. At the same time, Clement admitted that his own salary had been increased from $60,000 to $100,000 on January 1, 1937. After hearing+F14 Clement, Chairman Wheeler criticized the ICC for their lack of supervision of the railroads and placed the blame for the current rail troubles at their door, 12/15/37

Joshua Scholefield, and John Taylor, plaintiffs in error, vs. Jesse Eichelberber, Surviving partner of John Clemm, defendants in error. In the Supreme Court of the United States, January, 1832.

Interior of the Blattner Brunner marketing firm, Washington, D.C.

[John Pierpont Morgan, half-length portrait, seated, facing slightly right]

Chas. G. Bond, N.Y. - Public domain portrait photograph

Topics

district of columbia washington dc glass negatives morgan partner morgan partner senate railroad senate railroad inquiry inquiry today arthur arthur m anderson committee firm banks new york banks money pacific missouri pacific railroad terminal share inc terminal share inc bond issue missouri pacific bond issue senator wall street new york ny new york new amsterdam united states history library of congress