Biography of Gilbert B. Canfield
Cuyahoga County, OH Biographies

GILBERT B. CANFIELD, of Cleveland, is one of the competent and aggressive business men of the city, and one who is taking a leading part in the financial life of his great home city. He was born at Cleveland, Ohio, April 21, 1883, a son of the late Lewis C. Canfield, a pioneer in the oil industry of Ohio, and one of the organizers of the Trumbull Securities Company of Warren, Ohio. Gilbert B. Canfield was vice president of this company from its inception, and at the annual meeting of the company, January 30, 1923, was elected its president.

The Trumbull Securities Company was organized originally to take care of the rapidly developing coal ore and manufacturing interests throughout the Mahoning Valley. The growth of these interests was so rapid and became so vast that it was found necessary to transfer headquarters to Cleveland, where greater facilities were available for outlet and financing. After coming to Cleveland the company broadened the scope of its activities by handling nationally known bonds. Since May 1, 1922, when this policy was inaugurated, the company has handled eighty three separate national issues. The company during 1922 had a volume of sales more than double that of 1921, an effective demonstration of the wisdom of the change in policy from primarily a stock selling organization only to one handling bonds almost exclusively.

A History of Cuyahoga County
and the City of Cleveland
By: William R. Coates
The American Historical Society
Chicago and New York, 1924

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