Business: Harris, Hall

U. S. banks can no longer have investment affiliates, but U. S. bankers are still ready to take the risks & profits of a general securities business. Last week some officials of Chicago's $165,000,000 Harris Trust & Savings Bank, following the example of two J. P. Morgan partners, organized Harris, Hall & Co. to underwrite and distribute corporation securities. Head of the new company is Edward Bigelow Hall, a vice president of the Harris bank. Associated with him are Norman Harris (grandson of the Harris founder, son of the Harris chairman); Lahman V....

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