Northern Tel-Com

Northern Trust Corporation is an international financial services company headquartered in Chicago, Illinois, USA. It provides investment management, asset and fund administration, fiduciary and banking services through a network of 85 offices in 18 U.S. states and 12 international offices in North America, Europe and the Asia-Pacific region. As of September 30, 2011, Northern Trust Corporation had $97 billion in banking assets, $4.2 trillion in assets under custody and $644.2 billion in assets under management. In March 2010, Forbes Magazine ranked Northern Trust as the world's most admired company in the "Super regional Banks" category.

1 History
2 Services
2.1 Corporate and Institutional Services (C&IS)
2.2 Personal Financial Services (PFS)
2.3 Northern Trust Global Investments (NTGI)
3 Businesses and other subsidiaries
4 Locations
5 Sponsorships
6 Community initiatives
7 References
8 External links
History

Northern Trust was founded in 1889 by Byron Laflin Smith in a one-room office in the Rookery Building in Chicago's Loop, with a focus on providing trust and banking services for the city's prosperous citizens.[3] Smith provided 40% of the bank's original capitalization of $1 million, and counted such businessmen and civic leaders as Marshall Field, Martin A. Ryerson, and Philip D. Armour among the original 27 shareholders.


Intimately acquainted with the operations of the bank, these men would personally examine Northern's assets and records at each year's end.

In October 1929, however, the flamboyant decade of the 1920s came to a sudden halt—the stock market crash led to a spectacular drop in prices, employment and production.


As these troubles swept across the country, one bank after another closed. Two days after his inauguration on March 6, 1933, Franklin D. Roosevelt closed all the banks in the United States. When they reopened a short time later, there was a great deal of uncertainty as to what might occur. Fortunately, the people in line outside the Northern bank offices were there to deposit money instead of withdraw it. Northern's conservative policies had served it well during the 1920s.[4]

Accross The Street The Way With Helen , Alice

THe World's Columbian Exposition (the official shortened name for the World's Fair: Columbian Exposition,[1] also known as The Chicago World's Fair) was a World's Fair held in Chicago in 1893 to celebrate the 400th anniversary of Christopher Columbus's arrival in the New World in 1492. Chicago bested New York City; Washington, D.C.; and St. Louis for the honor of hosting the fair. The fair had a profound effect on architecture, the arts, Chicago's self-image, and American industrial optimism. The Chicago Columbian Exposition was, in large part, designed by Daniel Burnham and Frederick Law Olmsted. It was the prototype of what Burnham and his colleagues thought a city should be. It was designed to follow Beaux Arts principles of design, namely French neoclassical architecture principles based on symmetry, balance, and splendor.

The exposition covered more than 600 acres (2.4 km2), featuring nearly 200 new (but purposely temporary) buildings of predominately neoclassical architecture, canals and lagoons, and people and cultures from around the world. More than 27 million people attended the exposition during its six-month run. Its scale and grandeur far exceeded the other world fairs, and it became a symbol of the emerging American Exceptionalism, much in the same way that the Great Exhibition became a symbol of the Victorian era United Kingdom.

Dedication ceremonies for the fair were held on October 21, 1892, but the fairgrounds were not actually opened to the public until May 1, 1893. The fair continued until October 30, 1893. In addition to recognizing the 400th anniversary of the discovery of the New World by Europeans, the fair also served to show the world that Chicago had risen from the ashes of the Great Chicago Fire. This had destroyed much of the city in 1871. On October 9, 1893, the day designated as Chicago Day, the fair set a record for outdoor event attendance, drawing 716,881 persons to the fair.

Many prominent civic, professional, and commercial leaders from around the United States participated in the financing, coordination, and management of the Fair, including Chicago shoe tycoon Charles Schwab, Chicago railroad and manufacturing magnate John Whitfield Bunn, and Connecticut banking, insurance, and iron products magnate Milo Barnum Richardson, among many others.[2]

The exposition was such a major event in Chicago that one of the stars on the municipal flag honors it.[3][4]