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The
Payne - Whitney Family of Cleveland and New York
Page entitled : The Payne - Whitney feud in Wall
Street
Content of this page is about :
Oliver Payne's repeated attempts to outdo William C. Whitney in the stock
market and Whitney's eventual triumph in the battle for the Third Avenue
railroad.
Extract :
…
the plunging stockbroker
who made $6’000’000 in the Californian mining bonanza of the 1870s and who
was alienated to Whitney both in the stock exchange and on the race tracks,
Payne and consorts sought to ruin Whitney, selling short his [Metropolitan]
stock while keeping the money market dry through the influence of the
National City Bank, New York’s largest, of which
...
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