Business & Finance: Wall Street Partners

As happens at the end of every year, many a Wall Street investment house last week announced new partners to join its group. Two:

Benjamin Joy, to partnership in J. P. Morgan et Cie. of Paris, but not of J. P. Morgan & Co. of Manhattan (the parent organization). Immediately upon the announcement Mr. Joy, once a vice president of the Bankers Trust Co. of Manhattan, resigned his affiliation with Dillon, Read & Co., and sailed for Paris.

Frank Arthur Vanderlip to a special partnership in Campbell, Starring & Co. Mr. Vanderlip was, from 1909 to 1919, president of the National City Bank in Manhattan, a post from which he retired to his estate at Scarborough-on-Hudson. Now 63 and bored with retirement, he is investing capital in Campbell, Starring & Co. and will furnish his partners business & financial advice from his ample store.