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