1st Edition

The Emergence of the Trust Company in New York City 1870-1900

By H. Peers Brewer Copyright 1986
    364 Pages
    by Routledge

    364 Pages
    by Routledge

    Between 1875 and 1900, the assets of trust companies in New York City grew at a compound annual rate of 9.6%, compared with 4.1% for national banks. The purpose of this book, first published in 1986, is to bring to light the entrepreneurial, economic and political forces which prompted the growth of the trust companies and resolved the movement into a well-defined financial intermediary and eventually led to the merging of the trust movement with commercial banks.

    1. An Overview of the Trust Company Movement: 1870-1900  2. The Trust Company Movement Quickens: 1870-3  3. The Asset Structure  4. Deposits, Capital and Profitability  5. The End of the Century: Signs of Maturity  6. Summary

    Biography

    H. Peers Brewer