HANDSOME CHRISTMAS BOXES.

Hawera & Normanby Star, Volume XLII, Issue 7372, 25 January 1902, Page 3 (Supplement)

HANDSOME CHRISTMAS BOXES.

•Christmas in Wall-street, New York, was well celebrated. More than a million dollars was distributed by Santa Claus, the largest single gift being' fifty thousand dollars, given by the directors of the Central Trust Company to Frederick P. Olcott, president for many years. Each employee of this company received a present amounting to 50 per cent, of his salary. The ten principal clerks in the office of J. Pierpont Morgan each received a crisp five thousand dollar gold certificate, and everyone else, down to office boys, got an amount equal to half his yearly salary. Morgan's gifts to his employees in the street amounted to one hundred and forty thousand dollars. The First National Bank presented its employees with one hundred and ten thousarid; Chase's National's presents amounted to seventy thousand dollars, and the City National gave away a hundred thousand. Kuhn, Loeb & Co.'s presents on a profitsharing basis amounted to seventyfive thousand dollars. All brokerage, commission and financial institutions made handsome gifts. The Stock Exchange Christmas box for employees was over ten thousand dollars.