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Dean G. Witter 1961 Letter with News Bulletin from 1990 Stating they will stay in the World Trade Ce

Currency:USD Category:Collectibles / Autographs Start Price:100.00 USD Estimated At:150.00 - 300.00 USD
Dean G. Witter 1961 Letter with News Bulletin from 1990 Stating they will stay in the World Trade Ce
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California, 1961. Letter from Dean Witter to William W. Conrad typed on Witter's personal letterhead regarding a tour and hunting trip of northern India with Indian Shikar & Tours, a service which Conrad had recommended previously. Dean G. Witter (August 2, 1887 – May 25, 1969) was an American businessman, stockbroker, and investor. With his brother Guy Witter and cousin Jean Witter, Dean Witter co-founded Dean Witter & Company in 1924, which became the largest investment house on the West Coast. In its early years, Dean Witter focused on dealing in municipal and corporate bonds. The company was highly successful in its first five years, purchasing a seat on the San Francisco Stock Exchange in 1928 and then opening an office in New York and purchasing a seat on the New York Stock Exchange in 1929. Although a relatively young company, Dean Witter survived Wall Street Crash of 1929 and the Great Depression, posting profits every year during the 1930s and into the 1940s. Dean Witter would lead his company until his death in 1969. In 1978 Dean Witter and Reynolds Securities merged to form Dean Witter Reynolds Organization Inc. (DWRO) in what was then the largest securities industry merger in U.S. history. The resultant company, Dean Witter Reynolds, was the fifth largest broker in the U.S. One year later Dean Witter Reynolds became the first securities firm to have offices in all 50 U.S. states and Washington, D.C. After completion of the merger, Dean Witter Reynolds generated revenue of more than $520 million.