Full text: Banking and finance (Vol. 1, nr. 17)

1924. . 
1925... 
1926... .. 
1927... .... ce 
1928. . ce 
1090 
8,036,000,000 
8,856,000,000 
9,197,000,000 
9,289,000,000 
9,452,000,000 
10,162,939.970 
Through the courtesy of the Clearing House, we are enabled 
to append the largest daily exchanges during the last ten years. 
June 18, 1918 .. $62,500,000 
June 18, 1919 43,900,000 
Nov. 6, 1920 42,000,000 
Jan. 3, 1921 45,172,000 
Nov. 13, 1922 39,606,000 
Feb. 2, 1923 42,800,000 
Jan. 2, 1924 42,245,000 
Jan. 2, 1925 42,450,000 
May 10, 1926 48,400,000 
Feb. 1,1927 ....... 57,200,000 
July 8,1928.......... 61,400,000 
Feb 2, 1929 CL 52.662.000 
No sketch of Pittsburgh’s financial position is complete 
without tribute to the name Mellon. It symbolizes vision, 
courage and constructive work of the first magnitude in be- 
half of Pittsburgh’s rise and growth. Pittsburgh is proud that 
Andrew W. Mellon, the most illustrious of American finan- 
ciers, developed his brilliant capacities in a Pittsburgh atmos- 
phere. His father before him, with fine vision and high cour- 
age, sponsored many of the then infant industries which have 
grown to world dominion. His sons have carried his banner 
to new heights. After sound judgment has been justified by 
colossal achievement, it is easy to minimize the courage and 
faith of early years, but when the final word is written, it wil} 
be recorded that the pioneering spirit of the Mellon family 
seeded the field of Pittsburgh’s greatness. They have justly 
earned the prestige and affluence which their high genius has 
earned. Well may it be said that their work has been and is 
constructive in the highest sense of the word. Through their 
brilliantly conceived financial operations they have given to 
the Pittsburgh community more in economic opportunity and
	        
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