Business & Finance: Mergers: Sep. 3, 1928

Chicago bankers were busy, last week, considering facts, and denying rumors. The facts:

Stock of the Continental National Bank & Trust Co., Chicago's biggest bank, seventh largest in the U. S., mounted in three weeks from $545 to $676. And stock of the Illinois Merchants Trust Co., second biggest in Chicago, tenth in the U. S., jumped from $875 to $1,282.

From Santa Barbara, Calif., came a report that Hero Charles Augustus Lindbergh was piloting Banker John J. Mitchell Jr. to Chicago. As every Chicagoan knows, young Banker Mitchell's father had been President of Illinois Trust for nearly 50 years. Deep and abiding...