New-York tribune., 1891-10-17

named firm had a large balance to Its credit IN tne
Boston banks. Whatever may be the specui"''No
losses Of Evans individually there is general con
fdence here that his death Involves no nhAu0''' ''
turbance in any direction.
rbere was some difference OF opinion here rs 10
the effect OF Mr. Evans's death upon the iuture oi
the firm few persons thought that IL "ouiu oe
continued while several wellinformed oroheis WIN
Boston connections believed that theie wo"'u oI
formal winding up Of its anairs Inv
partners Of Evans & Co. are Austh ID. LUCY a"N
william S. Bliss. Both are men Oh apni"' ouv - ~"
life of the concern rested with Mr. Evans IL "ouiu
no natural and orderly proceeding suggestive OF
no bps,ness combinations, II In the circumstances
ths two mariners should call upon an assignee 10
tobe cbarce NJ a general settlement Oh the analrs
Nv rvans was in this city last Monday. When he
,ot, hero Il was to go to suncook. N h. place
wberc he had frequently gone for rest al umes
in the past His wife acooMpanieu hi'n' Ao"i'
pos q, noston an old friend of Mr. Evans. was seen
s,ordav at the Office OF E. L. Oppenheim Co., In
90 Mr. Ross was deeply affected by the news
which had come to the firm. There Is no ground
- tor as 7 know" he said "f for believing that Mr.
rvans committed suicide. If it proves true that he
did. can only suppose that physical suffering caused
,.mnorary alteration OF mind. do not believe that
financial losses led to it, Mr.. Evans when saw him
last complained Of need Of rest, and said that he
couM not stand the strain he had
long been subjected TO. ! about to
start to-day to Join him at Boston, where
he was TO come after his rest at Suncook.
Mr.. Evans was the most popular man In the Boston
Stock Exchange; everybody loved him. He was
leader that Exchange and there is not broker
there who not under obligations to him In some
way another He has done more than any other
man TO make seats valuable the Boston Exchange
lie generous, wholesouled, and the squarcst
man / met in business"
The tribute paid by Mr.. Ross was echoed by New
York brokers. An Illustration Of Mr. Evans's strict
sense of business honor is shown by the following
story One day while in a certain New-York broker
age house he accosted frield who looking at
the ticker tape and recommended the purchase Of
@ stock. That stock Is going up,' he said, land
you had better buy couple Of hundred shares
will give you put on it' No paper passed be-
tween the two men, but the New-Yorber made the
purchase recommended. The speculation fail
ure; the stock went down and the purchase was
finally closed out at loss of about 81 200. One day
Mr.. met his friend, and recalled the transac
ton. He found what was the result, and insisted
that he should be drawn upon for the loss on his
friends venture. 1t this method OF doing busl-
ness which inspired such confidence in Mr.. Evanss
speculative following and increased his influence as
operator.
There is little doubt among welLinformed men
here that Mr. Evans has lost heavily in his
stock speculatons for year or more He
was skeptic the rise III prices
which began In early August and was not
checked until the passing of the Missouri Pacific
dividend at the end Of september. After the break
in values which attended this sensational episode
his advice to customers to buy stocks, but his
personal losses had been heavy, 1T is said, that
he became discouraged. He had been suffering from
kidney troubles for some time and his illness doubt
less helped TO add TO the burden OF unsuccessful
business ventures. 1t is said that Mr. Evans was
short OF Chicago Burlington and Quincy on the uIn-
Der rise, working with James r. Keene against IT,.
Other losses reported to have grown out OF bear
operations ia Atchison and in New-York and New
England particularly 1t is hard to reconcile these
assertions which come from good sources, with the
declarations of his friends that for about four months
Mr. Evans has done practically nothing in the stock
market. The firm has not been active as OF
old In speculation for more than year.
and it is believed to have lost the support
given 10 IL in the past by compi-
nation of wealthy Boston men. 1t is suggested that
the withdrawal of this backing may have teapted the
dead operator into reckless speculation In rehahce
upon his former success as plunger.
Irving A. Evans was born in Boston on November
. 1s47 His father. Alonzo IL. Evans, has Tor many
years been president OF the Boston 1--WE OehU oaFe -
| Bank and his prudence has been SO extreme uat IL
is said that the bank never lost cent In any way
From this conservative stock came one OF the poiues'
and most brilliant operators in Boston ana NC" ioi
! in several years. Merry" was the nickname gwen
IN him in recognition of his pluck and aGgressiVehesS'
| even IL IL is a corruption OF his CHRISTIAN haiiic.
younr Evans was educated In the public schools OF
boston and on the outbreak OF the ClVll war he ran
away from home to become diummer-poy III une
army His youth compelled his return TO his family
| Irving was placed in his fathers bank ana hhany
became payingteller. He chafed uhoer ule leS"i
of his fathers careful methods and 6naly biahcheu
ont into life as an outside broker In Boston, Tic VAS
subsequently clerk In the Boston pranoh oi ueoiee
| " BalIou who became one OF his warmest Hlehus.
There ia a story that young Evans got his utl9 oi
Nervys in his early business career by boldly seiiS
a Stock which was under the care OF Ice, hleeIsVh
a -" II was big concern for the stripping to DEFY
but he selected good time ana lhe stoCh VIII mtn and ,
mouse "s1 the 'ppeats and presuge of the younS
hears daring venture grew ms subsequent ihhueIoc
Evans formed the m OF Of EtSeS tSe Boston Stock Ex
change on November 3, 1851 and on June 20 i19o s,
abont that time that Mr. Doane retired and the mouse
became known by its present name M f0r & tne s
YEAR Mr IN the two cites Among the deals he
managed was the distribution Of the stock OF the
End Land Company, Boston ooncerii' among -'e"
lie has been interested in nearly every speSaIiaIvS
movement in NeTforE ana 10 tSe operaton in New
England stock which preceded the retirement % %
clark IT, G IN. s SeR a8sn
The Bostwickstarbuck party obtained control 9I tnS
Jybcb had been promised to him by Arthur G q Bate
an 70 SECURE his cooperation in the deal The sue
nnae,uI MAJ u men declared that Mr.. Bateman had nc
authority to pledge place to Mr. Evans h S,oaTv and 'S
a.Oit ontment Of what he deemed breach OF goo
faith, lie conducted vigorous bear campiagn ias
nring and while it successful for time II 4
pieys.d that the subsequent recovery In the Vflc'
"Reg To we Years ago the "piunger made great deal
| LMo 5wt M The bear campaign against the sugar
T 4TmSt which finally led to It's organization lni" a.
Incorporated compapy Anot1eF %Sen he eoubse
the price Of Mexican Central BY shul Inn GecDs
He was also largely interested IN COO 6ne ~
hssn Interested largely southern land ana oI
but S suffered 1e NSn.py Of the South about
So Years ago Part Of these losses were ohSsl n a'e