The Worcester spy. [volume] (Worcester, Mass.) 1898-1904, 1899-02-26
HUMMING.
Aborn's Office Filled
With Orders.
TICKER Is TICKING.
Most Of the Creditors Accept
His Offer.

Promptly with the opening of the
stock market yesterday morning the
doors of James S. Aborn's rooms were
opened to business and the customers
came focking in by the score. SO far
as the suspension Of the previous day
was concerned there was not the slight
est intimation of it in SO far as the
general dealings of the day We're con-
cerned.
Neither the customers nor the orders
fell off, and Mr.. Aborn was in his ac-
customed place behind the desk. He had
but little to say beyond what has al
ready been stated by his attorney. To
The Spy man he expressed perfect
confidence in his ability to recover from
pre- sent embarrassment. He was g 'ate-
ful for the sympathy that has been ca
tended to him by his friends and for the
general assent of his creditors IN +he
extension of time on his obligations. He
proposed to pay them dollar for dollar
and is confident that he will be able
to do it within the time agreed upon.
Not one of those who called upon him
while The Spy man was present but
had kindly word for him, and they
included in several cases men who had
suffered by the suspension.
Eenry w. King, Mr. Aborn's attor-
ney, was present a greater portion of
the day arranging settlement with the
creditors on the terms announ ed by
Tho ny on Saturday. Mr.. King states
that re has not only secured signatures
from those representing a majo 'ity of
the indebtedness itself, but from a
majority Of the creditors as well. If
there have been any strong objections
made to the proposition he has offered,
he states that he has yet to hear from
the parties who made them.
1t has been stated in some quarters
that in the ordinary profits of his bust
ness. Mr.. Aborn could hardly make
enough money in the coming Il months
to meet his obligations. On the other
hand it is generally believed by these
on the street, who are in a position to
know that Mr.. Aborns earnings dur
ing the past year have been consider
ably beyond the amount of his liabili-
ties, and Mr.. Aborn himself does not
deny this And his earnings have not
been controlled by any particular con-
dition of the market.
The statement that several of his
creditors are among the representative
business men of Worcester is fairly cor
rect. Mr. Aborn numbers among his
customers several of the WealthieSt cit
liens, and 1t is understood, too, that
one of the losers is a prominent clergy
man who has been investing in a line
of high priced stocks. But that is not
an uncommon feature in any of the
stock brokerage houses of the city. One
of the teachers in the, high school is
also said to be several hundred short
through the operations of a middle
man,
Mr. Aborn still denies most en-
phatically that he has operated at any
time upon his own account. He has
simply been holding up his customers
he says, who have been on the short
side for a long time back in the ex-
pectation of a falling market. 1t would
have been an easy matter, he states, tc
have let them drop. But they had been
customers of his for long time, and
so he kept his deals on in their indi-
vidual names in the hopes that a turn
in the market would square things.
Haight & Freese, the New York cor
| respondents of Mr.. Aborn, a firm Of
high reputation in financial circles
have agreed to give him an extension
and accept all his orders.