The Story of the Trust Companies

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Morgan & Co., Bankers, N. Y. ; Daniel G. Reid, Vice-President, Liberty National Bank, N. Y.; Edward P.
Swinney, President, First National Bank, Kan- sas City; Francis H. Skelding, Cashier, First National Bank, Pittsburgh; John F. Thompson, Vice-President, Bankers Trust Co.; Albert H, Wiggin, Vice-President, National Park Bank, N. Y. ; Samuel Woolverton, President, Gallatin National Bank, N. Y. ; Robert Winsor, Kidder, Peabody & Co., Boston; and Edward F. C.
Yotmg, President, First National Bank
..., Jersey City, N. J.
The rise in total resources between the dates Jime 30, 1903, and September 7, 1905, was, in the order of progression: Jtme 30. 1 903 1 5,748. 1 74.87 December 31, 1903 10,085,557.31 June 30, 1904 15,304,064.48 December 31, 1904 18,497,504.50 June 7, 1905 24,899,785.18 September 7, 1905 25,436,229.50 Digitized by Google • • •• ^ I m &• O '^ -a '8 Si l| i?
la 5 I -8 I I Digiti zed by Google Digitized by Google A Rapid Growth 225 The rapidity of this growth may be attributed in large part to the influence of the unusually strong directorate; its members have been able to send the Company a great deal of business in the way of by-products of their own institu- tions, and tmdertakings; at the same time their presence on the board has inspired public con- fidence to such an extent as to attract a very large volume of other business.


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