Chicago, as befitted the second city of the land, shared fully in the investment trust boom that filliped the tail-end of the Coolidge bull market. Leader in Chicago trust-booming was the rich young firm of Field, Glore & Co. That house and its friends were behind three trusts launched in quick succession, designed to invest chiefly in Chicago and Midwest securities. It was planned by Charles Foster Glore, ambitious, competent young head of the firm, that the three investment trusts (one of which was formed with...
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