"MORGANEERING."
' A GIGANTIC MERGER OF BANKING INTERESTS. (By Telograph.-Prcss Assoclation.-CopyrljhU (llec. December 6, 1.15 a.m.) New York, December 5. Mr. J. Piorpont Morgan has secured control of the Equitable Life Assurance Society, Now York, which controls assets worth 01 millions .sterling. f ( / t Tho purchase is interpreted' on Wall' 'Street as foreshadowing a gigantic merger of banking interests. Mr. Morgan recently purchased tho Guaranty Tiust, .with capital' resources of 20 millions sterling.- ' , ' American newspapers say that a moderate estimate of tho iesources tho multi-millionaire now controls is 350 millions sterling.
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Bibliographic details
Dominion, Volume 3, Issue 682, 6 December 1909, Page 7
Word Count
90"MORGANEERING." Dominion, Volume 3, Issue 682, 6 December 1909, Page 7
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