Identifier: progressofempire01cona_0 (find matches)
Title: The progress of the Empire State a work devoted to the historical, financial, industrial, and literary development of New York
Year: 1913 (1910s)
Authors: Conant, Charles A. (Charles Arthur), 1861-1915
Subjects:
Publisher: New York : The Progress of the Empire State Company
Contributing Library: Columbia University Libraries
Digitizing Sponsor: The Durst Organization

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bank. While his competitors chased impecu-
nious creditors, he drank with a friend, who had been
equally fortunate, to failures which could no longer disturb
us. To while away time, he played chess with his book-
keeper. The panic was severe, but of short duration;
bankers more than merchants were affected, and the
writer began to extend credit again to solvent customers
the following spring.
When Fort Sumter was bombarded in 1861 and the Civil
War began, almost every Northern merchant who traded
with the South was ruined. The banks realized that the
Government could not borrow sufficient money to bring the
war to a successful end, and suspended in December, 1861,
except the Chemical, where the writer kept his account.
His business had grown and included foreign accounts.
Being anxious to protect his European creditors, he called
on the bank to inquire about a balance of some $5000 he had
on deposit. His mind was relieved when he was promptly
assured that this balance had been placed to his credit in
Text Appearing After Image:

ANTON ADOLPH RAVEN

Insurance president and bank official; horn Curasao, Dutch
Sest Indies, September 30, 1833; son of John R. and Petronella
(Hutchings) Raven; paternal ancestry English; maternal ances-
tors emigrated from Holland to New York and afterwards settled
in the Dutch West Indies; boyhood spent on Island of St. Thomas
until seventeen years old, when he came to New York City;
married in New York City, i860, Gertrude Oatman; has four chil-
dren, of whom one, the Rev. John Howard Raven, is professor of
Old Testament languages and exegesis in the Theological Semi-
nary of the Reformed Church in America, at New Brunswick,
N. J. Became clerk in office of Atlantic Mutual Insurance Co.,
January 4, 1852; advanced successively to underwriter, fourth
vice-president, third president, second vice-president, vice-
president (1895-1897), since then president. Honorary vice-presi-
dent and trustee of Home Life Insurance Co.; director Bank of
New York (N. B. A.), Fidelity & Casualty Co.; trustee Seamen's
Bank for Savings in the City of New York; vice-president
American Geographical Society; Member American Museum of
Natural History and of Metropolitan Museum of Art.

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