In Manhattan last week the developing billion-dollar merger of the Chase National Bank and the Mechanics & Metals National Bank (under the name of the Chase National Bank) seemed catalytic to three other banking consolidations similarly stupendous. Talk on Wall Street was that the National City Bank (the greatest in the U. S., with total assets of $1,215,033,702) was in process of absorbing the Corn Exchange Bank; that the Central Union Trust Co., the National Park Bank and the Chemical National Bank might be driven into union...
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