New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-12-27
THE B. R. Y. INQUIRY.
MANY WALL STREET MEN SAID TO HAVE
BEEN CALLED BEFORE THE GRAND
JURY-STATEMENT FROM COLO
MEL WILLIAMS.

The efforts OF the Brooklyn Rapid Transit COM
pany to discover the men responsible for the clrcu
atlon OF false statements and rumors with the al
legged Intent to affect the market price OF the stochs
and securities OF the company were discussed win
undated interest yesterday in the financial district
James r. Keene declined to comment on the serving
OF Grand Jury subp9nas upon Talbot j. Taylor
and Edward d. Jones. employe OF the nrm Oh
| Talbot J. Taylor Co. Mr. Keene has not oeeh
subppnaed At Mr.. Taylor's office i was said yes yes
| that thirty or forty members of Stock Exchange
houses had been subppnaed to appear before b ui
| knowledge OF the origin OF the Brooklyn Rapid
Transit rumors. Ex-Lieutenant Governor Wiilla an,
! case .,
Assistant District Attorney Unger said YESTERDAY lay
| Grand Jury to-day. and that there wouid DE ID
number Of witnesses brought before the nody IN Te re
added that the witnesses would be 0inSa 81 Str se
and and 9th yq Taiiroad o incl
The charge under which the ,men, have p oeeh
| subpenaed is found In Section 40 OF the Fenai
Code and relates TO circulating false rumors con-
corning public funds etc The puni S,h ,t
three years in prison, fine OF 5000 or oo'h' max
Assistant District Attorney Unger said n yester -
day afternoon that there had been no formal con,
| ference; that William f. Sheehan and ex-Dstrct
Attorney De Lancey ,;icol had called upon NM rs
sspIer Who represents some of the Wall Street IN
| terests. He refused to tell what had pee" "o'e
Brooklyn Rapid Transit stock Yesterday ranged
| between Gel, and 70ss closing at 69As. net gam
for the DAY OF ia per cent No rumors aHectins the
| stock put out yesterday.
Colonel Timothy S. Williams. secretary or the
Rapid Transit Railroad, spoke freely yesterday
| OF the attacks on the company. He said;
| would be perfectly willing TO give out the bal;
| ance sheets OF the company for publication II /
thought such action would do any Sood AS .h1S
| now stand howeve-, | think II wiser 70 Wltnnopn
them from inspection for the present MY TedsUoSI
are that these rumOrs, which have been i
to the company. hare been put into clrcuatoI W.
honestly They are lies pure and simple anu oi.e
! men who have spoken them know that they are
lies Mr.. Rossiter gave clear ana c i,oS IN All
ment OF the company's financial condltof III ~ ~
gust. 1t occasoned At that tine u! ,i,ar's
rumors. Nevertheless, as soon as MT; I.ossins -
be false new Hes banded about w ndoeEe Wv,
explanation may make now VIII only cleaI a n,,
| one set Of fasehoods so that others ma! NC P"'
| into circulation. -, ..ro q ooo mn
There has been rumor that there were SIy,
| I'm judgments against the company TOT aCCiue,,.
outstanding and unpaid 1t was proNeu III sent
that these amounted to only $4,000 The runo sete
the stock down but the refutatlon uld no. 81
Il react Plain facts do not seem 10 count ~
| rumors. And the more absurd are tne S'oi'N'' "
| more serious seems to be their erect 80. ro,,or
| The phvsical condition OF the system was new -
better 'than il is now The recent inspection ION vi Vi
| the company's condition by the state ran n Ill
| Commissioners the source oil lreduenf nrjeb IN
mentarv comment. Another reason why M VS.. ~
withhold the statement OF the company i,S ca ciai
! condition is that on January | the regular '''O'
statement will be made public ST., NATHAN ~
| think that the plan Of putting this mater +p 0a
false rcports before the Grand Jury Is uS ~ tbe
! best poiicy will by this means nIii .Ia,o 10
| originators OF these rumors ana coupe ' -
| prove the statements they have maze