Business: Bankers' Dilemma

Large banks like to be the largest in some category. Until last week the Union Trust Co. of Cleveland had prided itself on being the largest bank between New York and Chicago. Also until last week the Peoples Wayne County Bank had prided itself on being the largest in Detroit. Now the status of both has changed. The Union Trust Co. of Cleveland has become the second largest between New York and Chicago; the Peoples Wayne County Bank is now but a part of the largest bank in Detroit. Largest between New York and...

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