According to Wikipedia he came to the United States in 1907 and his family lived in Brownsville and Flatbush in Brooklyn. His father worked as a paper and cordage (cords or ropes, especially used in a ship's rigging) wholesaler, though he also wrote articles on philosophical subjects.
However, in 1923, Schipiro's resume in the American Chess Bulletin says he was born in Brooklyn on April 9, 1903 and learned to play chess while attending the Boys' High School of Brooklyn.
In 1919 he graduated from that school with high honors and entered Columbia on a Pulitzer scholarship.
Schipiro excelled in mathematics and Latin at school and entered Columbia at age 16 and graduated in 1923. He then went on to receive an advanced degree from the university in engineering.
Schapiro served as head of his own investment banking firm, M. A. Schapiro & Company. He established new business techniques for the banking industry. Starting in the 1950s he led some of the banking industry's largest mergers.
He was also a philanthropist and was a major donor to Columbia University, including Schapiro Hall (a dormitory) and the Morris A. Schapiro Center for Engineering and Physical Science Research.
While at Columbia he led the chess team to four national championships. He also won the Manhattan CC championship in 1921 and 1922.
While disliked, even feared, by some bankers, he was extremely well liked by his colleagues. Once, while vacationing in Maine, Shapiro telephoned his office and spoke with everyone there. Known for his small kindnesses, his 50 employees at his 2 firms received free lunches every day, a practice that is virtually unheard of along Wall Street...or anywhere else for that matter. He died aged 93 at his New York City apartment in 1996.
While a student in the School of Mines at Columbia, he played a match against Oscar Chajes that began on December 22, 1922 and ended on February 4, 1923. Shapiro won +5 -3 =5.
By winning the thirteenth game Schapiro, the club champion, brought to a conclusion the match.
Upon resigning the game, Chajes was the first to congratulate his young rival, who, as a result, was ranked as one of the leading players in the country and a bright future was predicted for him. As it turned out chess took a back seat to his business interests.
[Event "Match, New York"]
[Site ""]
[Date "1923.02.03"]
[Round "12"]
[White "Morris Schapiro"]
[Black "Oscar Chajes"]
[Result "1-0"]
[ECO "C83"]
[Annotator "Stockfish 15.1"]
[PlyCount "67"]
[EventDate "1923.??.??"]
{Open Ruy Lopez} 1. e4 e5 2. Nf3 Nc6 3. Bb5 {[%mdl 32]} a6 4. Ba4 Nf6 5. O-O
Nxe4 {In the open defense black tries to make use of the time white will take
to regain the P to gain a foothold in the centrer. It often results in sharp
play and in modern times fighting players like Korchnoi and Timman played it.
Before them it was a favorite of Euwe.} 6. d4 b5 7. Bb3 d5 8. dxe5 Be6 9. c3
Be7 10. Nbd2 O-O 11. Bc2 f5 12. Nd4 Nxd4 13. cxd4 Nxd2 14. Bxd2 c5 15. dxc5
Bxc5 16. Rc1 Rc8 17. Bb3 Qb6 18. Qf3 Rfd8 ({was a reasonable alternative.}
18... Kh8 19. Rfd1 Rfe8 {Better was 19...a5 with equal chances.} 20. Kf1 d4 21.
Ba5 Qc6 22. Qxc6 Rxc6 23. Rxd4 Bxb3 24. axb3 Bxd4 25. Rxc6 Bxe5 26. Rxa6 Rc8 {
White has a favorable ending. Vovk,Y (2549)-Prohaszka,P (2508) Szombathely 2008
}) 19. Bg5 Rd7 20. Rfd1 Qb7 (20... h6 21. Be3 Rdc7 {Bad...he should play 21...
Rcc7 and white's advantage is minimal.} 22. Bxd5 Bxe3 {Really bad...it loses
at once.} 23. Rxc7 {Ciric,D (2405)-Leverett,B (2310) Gausdal 1982. Black
resigned because if} Rxc7 24. Qxe3 Rb7 (24... Qxe3 25. Bxe6+) 25. Bxb7 Qxb7 26.
Rd6 {wins without much trouble.}) 21. Rc3 {A nice move. White can either
double Rs on the c- or d-filer or , if given the opportunity to slide this R
over to the g- or h-files.} h6 22. Bf4 Kh8 {Chajes senses danger in white's
coming Qh5 and so defendes the h-Pawn, but he is too cautious...it would have
been better to continue Q-side counterplay.} (22... a5 23. Rcd3 a4 24. Bxd5
Bxd5 25. Rxd5 Rcd8 26. Rxd7 Rxd7 27. Rxd7 Qxd7 28. h3 {and the Qs plus
opposite color Bs cancel out white's extra P.}) (22... a5 23. Qh5 a4 {is even
because the d-Pawn is not under attack.} 24. Rxc5 Rxc5 25. Qe8+ Kh7 26. Qxe6
axb3 27. Qxf5+ Kg8 28. e6 Rd8 29. axb3 {with equal chances.} Qe7) 23. Qh5 Bf8 (
23... a5 24. Bxh6 a4 (24... gxh6 25. Qxh6+ Rh7 26. Qxe6 {etc}) 25. Bxg7+ Kg8 (
25... Kxg7 26. Rg3+ Kf8 27. Qh8+ Ke7 28. Qf6+ Ke8 29. Qxe6+ {wins}) 26. Bh6
Bxf2+ 27. Kxf2 Rxc3 28. Qg6+ Rg7 29. Qxe6+ {White is winning.} Qf7 30. Qxf7+
Rxf7 31. Bxd5) 24. Rxc8 Qxc8 25. Qg6 Rc7 26. h3 {A safety precaution...his K
needs an escape square.} Bf7 (26... Rc6 {was a better defense. After} 27. Qh5
Qd7 {it would gave been much more difficult for white to make headway.}) 27.
Qg3 {[%mdl 2048] Aiming for e6 and keeping black busy.} Rd7 28. Rc1 Qb7 29.
Bxh6 {This not only wins a P, but also destroys the defenses around black's K.}
d4 (29... gxh6 {was necessary.} 30. e6 Bxe6 31. Qe5+ Bg7 32. Qxe6 Rd8 33. Rc5
Qb8 (33... Qd7 34. Rxd5 Qxe6 35. Rxd8+ Kh7 36. Bxe6 {wins}) 34. Qxa6 (34. Qxf5
{makes things a little more difficult. For example...} Qe5 35. Qxe5 Bxe5 36.
Rc6 Rd6) 34... Re8 35. Rc1 d4 36. Bf7 {white is winning owing to black's weak
Ps and reduced activity of his pieces.}) 30. e6 {There is no good answer to
this.} Rd6 (30... Bg8 31. exd7 Qxd7 32. Qb8 Bxb3 33. Qxf8+ Bg8 34. Rc8) (30...
gxh6 31. exf7 Rxf7 32. Qg6 Qe7 33. Bxf7 Qg5 34. Rc8) 31. Bxg7+ {[%mdl 512]
Practically any move wins.} Bxg7 32. Qxd6 Bh5 33. Bd5 Qa7 34. Rc8+ {Black
resigned.} (34. Rc8+ Kh7 35. e7 Qb7 36. Bxb7 d3 37. Bd5 Bxb2 38. Rc6 Bg7 39.
Qe6 Bf6 40. Qxf6 Bf7 41. Qxf7+ Kh8 42. e8=R#) 1-0
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