[1] In 1922, Blyth returned briefly to the East Coast to serve as a pallbearer at the funeral for Amherst's president George Harris.
[1] The Federal Reserve Act of December 1913 made Sloss unprofitable, and the company filed bankruptcy on April 1, 1914.
The company's young file clerk, Frank Weeden, would later pioneer the "Third market" of over-the-counter trading.
Blyth Witter was formally established on April 18, 1914, based out of offices in the Merchants Exchange Building in San Francisco.
[9] In 1928, Blyth bought a seat on the New York Stock Exchange, and was mentioned in The Wall Street Journal for the first time.
Shurtleff was concerned about the branch offices taking too much initiative in buying stocks, so he traveled to each one in 1929, directing the company to sell off a total of $7 million worth of the least promising, most speculative accounts.
This action by Shurtleff made the difference for Blyth & Co. in October when the Wall Street crash of 1929 hit—Blyth suffered severe losses but survived.
[4] In the 1930s during the Great Depression, Blyth's business was hurt because far fewer bonds were being offered; companies were not borrowing money.
Still, Blyth was a major source of funding for the Golden Gate Bridge, along with A. P. Giannini of the Bank of America.
He financed the political campaign of Earl Warren during his successful 1942 bid to become Governor of California.
[10] He served as president of the Philharmonic Society of San Mateo County; a group that produced a symphony series at the Woodland Amphitheatre.
[1] Blyth was a central figure in the Blyth–Zellerbach Committee, a group of leading San Francisco industrialists who help fund and organize various civic projects and enterprises.
The two-story house, designed in the Italian Renaissance Revival style, was renovated by the Blyths, who reworked the interior.