The Birmingham age-herald., 1902-11-09

z EW YORK; RoVemDef e.--1n my
 daily passing and repassing of men in the downtown money center of New York. I often catch glimpse of Edwin Hawley erstwhile manager of all the eastern traffic of the Southern Pacific Company. and now one of the noted individuallties of the Wall street district. He is, comparatively speaking a new arrival in the front ranks of that long-headed and daring group of operators. who compel rather than await events. He Is a clean-out business-like man. utterly New Yorkish in hIs style. quiet and correct in dress amiable and cheerful of temper. terse and forceful in words. He has a multitude of acquaintances and a strong financial backing. His friends are always glad and prompt to stand in'' with him on any proposition that depends for success on his keen and comprehensive vision and judgment; for. as they say: Flaw ley always gets there" It Is well known in Inner circles that 1t was the brain and skill of Hawley that conceived, engin- eered and carried through the sensational Louisville and Nashville deal, and made millions for himself and his associates, although John W. Gates was the man before the public and absorbed most of the credit for the coup.
 Hawley's acquisition of the Minneapo- lis and St. Louis road showed his fore sight, and the result of his control of it has proven him to be most sagaeious and practical manager, for the price Of 4l.z a.l- 4.F. hon eleven has risen over hundred points, is a reflection of the vast increase of bus mess and earnings of the company since the reorganization of its directory. The Iowa Central and Colorado Southern are later acquisitions, and there are others" "a slang phrase which often bears deep significance. The future down in Wall street has got to reckon with Ed win Hawley as factor of unusual force and originality.
 The enormous growth of the business of the Southern Pacific and the demands its management makes upon the time of its executive officers has induced E. H. Hartman to place at his head an official who can devote all his time to the prop erty MT. Hartman has been looking about for a practical man for some time. He has at last decided to place MT. H. R.
 
 important position. This gentleman Is fully equipped for the great responsibil- ity, having had a long experience in all phases of management and finance. MT. Harrinans relationship with the proper ty, however, is the same. the Southern Pacific control resting in the same hands.
 Henry Clay Prick of Pittsburg is be- coming more and more closely connected Ano nfal inct fta1f n New York, and it is said, will spend more of his time in this city than in Pittsburg. He was, this week, elected a director in the Equitable Trust Company of New York He recently purchased the Schenley estate for $2,0OO000. This property is in Pttsburg and includes all the land lying between Third street, Penn avenue and the Monongahela and Ale gheny rivers. Considerable mystery sur rounds this purchase. It Is admirably adapted for a park, and some say MT. Prick purposes giving 1t to the city; 1t Is also adapted for warehouse purposes, and others say 1t will be sold to the Pennsylvania railroad. In the center of this tract stands the famous Block House but protected by court decisions that 1t cannot be destroyed, title to 1t did not pass to MT Prick. MT. Prick Is so closely identified with New York in- terests that he is recognized here as one of the Pittsburg colony, which means that while he belongs to this cosmopoli- tan center in one sense he Is still a son of Pennsylvania. This reminds me that certain we'll informed politicians say that MT. Prick Is to be within short time a United States senator.
 A tocular Wall street man recently said that he did not believe the opera company, with great singer at its head, would ever make rapid transit pay in Brooklyn. On top of this comes the an- nouncement that President Jacob l.. Greatsinger would resign the presidency of the Brooklyn Rapid Transit Company, and that S. D. Calderwood, who is now acting as assistant to the president Will be placed in control The R. T. has not been a dividend payer. The traffic 1t en- ioys is enormous and 1t is pronounced by experts to be a very badly handled en- terprise Certainly there Is plenty of room for improvement and business enough to make it a paying property. It will be more than interesting to see what Mr. Calderwood will do. His Is a great opportunity. He has the ability, the experience. and the knowledge Of what is required in local transportation in Brooklyn, to confer a blessing on the people and pay dividens to stockholders.
 Wall street is talking a great deal about Charles T. Yerkes. They say: 'Did Morgan or Yerkes come out on top in London?" That there has been a de- termined struggle to capture the London Underground roads everybody knows Victory is claimed by the Yerkes party. Behind Yerkes the daring financier and indefatigable promoter, stands the fa- nous banking house of Speyer Brothers, who have, during fifty years. scored .reat victories in financial battles. It is said the speyers made the great pur- chase for Yerkes that decided the fight. But whether Morgan won or Yerkes won ia not to my mind decided. Even victo- ries are prematurely announced. What ever the result the personality of Charles IT yerkes as a financial gladiator Is of great general interest. Love of battle Is the key note of this man. He Is fighter. He has confidence In himself and com mands confidence in others. He is cool