New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1872-11-28
TESTIMONY OF AUGUSTUS sCHELL.

TESTIMONY OF AUGUSTUS cCHELL.
Aarnss testified: wer- reside sui Whist is rolr
occaraon A. reside the City Of EsvYor have relations With
seysIaoaa eompaae AL aoasel corporations aai oArr H9
tons 81
Have you row and hav you had iuar oNorsnber
49, any Northwest sock a-e shore Railroad
other leading sctye the Newton mott
NORTH yss' stock Lake
Shore oeE and ODE cks Of several other leading railroad corr
Hc1s
Hsre ron observed tie course Of the make: in @ city E
nu the aouh Of So5ebe 1917 A. have considerable
O. Hsveyou been for any number years iHte in active stock,
Iienc a. 20 i-e course Of hs Lsei for seh s'oss a. lave n
quite fau.. With The market
si5ry TTof TO Eov p 8-2 End up that isv -ih ~ e. refer
, E. ~ esrv ma af Oeo-r III ih, r,rtr ras very much
dpres,sd qang to osEsp Of money which WI. SEQ TO
e tcas7s which occurred lk about d. So or m Of oroae,
r1 NE ead 1asettsI by eoa Of ib, Botla m thso -c m
% @ . 7s,ss 5S cane quite sTs and eIs,, -a
g W here 90. considerable advance 70 the sst price o. No
West Common stock between o.. lith AMI I II N.vr-- 30
O. was not ADVANCE Of public a1oaet7 a5i
natter Of ao.ost, and s eo1meuis uGo- BY the u,rs- u
O. Was there not rmor crrlited among business rr-
~ paoisls n me neH,l.aeF. -e f-., saT,co s -
vas 60 De lcTeas7a % .ue -i.el' .! a.
~ s-A ti /" .ls t5 ~ ,i5or.i tb Es-.,. C-.. ~
V-a ,- era 10 s.us ',oeF sIcrTl publicly reported As
-aslaollIl A. undcrllla. 20 vas
GOULDg ARREST ANTICIPATED.
O. Iu way smother go not tre -,tr n te r-e o Moth
Wet .uon stock attract genera aentohin @ si+
interested Stocks and did lot tsse fluctuations become as s1 n
comment Dol. only among business bu, he press D. ll. DID,
AID vas se Of comment and conversation among business
it eas al referred to in several neF8paDen
O DID you receive nmson the 2l or 22i n So7erier
1871 Is e probability Of any o-1rsags Teh rol lac i
seal Fa,l o. rl n y ~ n common .,-s were 10 b. t Ire
asrse Of he hallway Company Mr Gould md received
fN and p H.irHH Cd va
to hsp o'clock that day wien would cause panic o
O. I'D YOU 70 to M Office Of Osborn Csrn Nov % an a:
s1og. Hhai tine an Jo1 an l,e IN A. ven ~ st "
q an Mr. Goaid ares, at thai alei a. ioaa NJ
o Did you 70 become Of the bordsmeu for Mr. Goui
determined % prefer Gould the spot believed non
Tie conversation attending re trsst -h4 non other @ 1isa nay
lad been aads in the nres, n ls,ocxollg speeua
place the most critical Psuo Of hobuiHs Vi the dn
sn3 10 critical condition Of the stock market.
O Whist yourjadsrsa is the most critical period o. tasiness
ton or hat se ihs critical tie day between
o VII ron explain Why that hour IS 50 importsn stock
ar, made up % qaar,sT past = ana os zen s e ana
O. What would Be he natural ia upoa condition or
81 At hat hour " day. condition Of the stock market
Al Lat aoTea ss1.'di Ain2,, ian ea.ls ia ~ financial
o. and 10 10 esag on large sesie e SoHi e. eoamoa
so a Il known that be vas largely engaged % purchaser ana
% az, 5i y y o,s5 AZ Id s If Mr. i a been asen away
his place business and committed 10 pron A. la m oia
n W Comb ae Sheriff
bafness for he remainder Of n A Eul have m
cusi widespread n han hat w-h aseaei thc
eyeuls D the Black FRIDAY o. 1862
PANIC AVOIDED.
O. Womb he panic North wst Common stock
or would b. extended other stocks A. &c would not lave been
confined Common stock but would have efte 70 al
m stocks actively dealt market and world have caused
crest depression price which woa resulted 10 Tie laaH l
o larre ueTs oi persons. ,,, --,.,
goue bu that sho sell flo Of ocs AID prohi by great
fsssaltss. br tbe ul si0rtuues o. other men
interested the anAsenlsnl OF hse corpora
ions for soran yess pAstl A. have .
could he Le Railway company
o. H. srft of NJ Goud actual narceraton, e time AID
under The circumstances referred 20 assuming Nj 'ou 20 ose the
I A. kos The
~ mini 10 positive iniurT 10 the BIO Railway
succcc1rd u hr ooud8 mp n az
wuad ruiu financially
au thus aepngs bin she PsFng 1 ALLEGED lelieaeat
Their In th CITY % newton Who could
IN promptly their
sff A No not that there hat could do D.
there in this who c1ul hai in TIE
% .gi be yerT fes oay BY -dfeatiJ oilcaasisnce
o AZ -ou selusnsi IN hs eiJ who noted being
thyf 4. Enew numurf oi wealthy men
stsudl b, you apply veil % wealthy nn "a 70 nsA a ora
H' ma Sa .sssep.n, NJ iosc, p Clara he shars oe ard
I tte-s rye Jail iyr NJ Could a les &c..
IA Hs a the shelfs nhce 20 give schedule Of y0ur
I rasi sstats 10 tRs Ciiy Of Nss-ToEi A. Tea go,
lus.sic1 up0l after
made by the ooussei Cor Doubt A. TIE demand Nhs not ste
ys sot the enforcement ola bV the sheriff requiring bail 20
iusufg u estate In the tlF y hsH 1914 20 We
d Their undertaking greatly increase me ameu o kns -