The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1903-08-06

wabash. preferred, 41-2, and Reading
and Lake Erie FIRST preferred, y
In The entire list seven stocks made
net gains these including an advance OIL
21-2 per cent. in Virginia Carolina Shei m
ical preferred Slightly over 1.oooeop
shares changed hands during the day.
The heaviest trading was In Aichsoh
baltimore and Ohio, St. Paul. Erie. COM
mon; Missouri Pacific, Union Pacihc,
Pennsylvania, Rcadns, common, ah u
United States Steel, common, the iat'er
leading the list, with total of more lhhh
5000 shares.
General Sympathy.
The failure of Sharp & Bryan wv. w,
Sharp and c. s. Bryan cXclted gem eile' :
aympathy, as these men are memoefs %
the Board, and popular on the Sloeh ~ ~.
change, Mr.. Bryan is memper VI n ,ns
Governors of the Exchange. The htin
~ ~ ana,n,zca In 1891 They were sne-
cialists in several stocks, more more pa n,h
larry IN Virginia Carolina Chemical aii M,
.heir failure IS regarded as directis az"
tributable to the decline In those SUI, "fer
During last years boom cheh',Ca, -
red sold as high as ia IN ana we ca AVA
mon at 50. They closed to-oaS AZ 7N
2S "a. respectively ,. os mo as
., AEeos u Sharp &, Bryans Liabilities are
about 100000, mostly seGnr ,,,1;,,on dol.
arc said TO include several m .i.iion tho
lars of Stock Exchange secui nnnt,n, gent
value of which is altogether co'''iis
on market conditions. match G. co.
The firm Of Hurlbutt H atena M,tch,
(John Henry Huributt Saml 1}ie,, smith,
was organized in September, wv in notl
financial ina Embarrassment has be m.sir ma'
ter of general comment ~ tsrn onu regard
TOR Some some Wars WARS was obtainable to-day.
An assignment was made TO hesl /, .j2
Tetcham, a lawyer of the firm of helo'
EsselsUn & Ketchum.
Sharp & Bryan.
Tbe firm OF sharp u Brya9 I,n was ,s,o pn-
ganized July :, l@l me ne 'i anS Gharles S.
B r. both board members . The oi dnd
Of the firm is at No. % Broad street anu
they we're specialists ln,ty Y onMst trui and
Sow, railway. Tho firm had q mel En
camille rating of from 10000 TO S 9sG,yIG.
G. II. Sullivan. of the law firm OF suit nf
the suspended firm. sharp & Bryan T Tene
nroninent in operations on the curp, iheS
We're specialists there In Amrican B ,,nrss
Northern Securities and se Inc1ss Of Sea-
board shares for sale on the curo EeIp,
day. The greater part OF shatp ~ 1 ny
ans obligations OH the Exchange WIZ .i,s
ana trust companies threw out their ioans.
iiouidation on the Exchange was ioi
Sharp q Bryan's account.
VIII Liquidate.
Mr., Cromwell counsel for tho assignee
of Sharp & Bryan, made the ao'o"'"e
statement: ,,.,4
for the purpose Of insurtnE . e,auali.y
among It's creditors without pre1eren,Gte.
The cause is directly attributable to the
sudden sits ana extreme shrinkage in the
market value OF the securities or me inc
about 5000, 900. The value Of assets com
prisins almost exclusively STOCK IN
change securities to tho amount OF sew
eraI million dollars. is dependent, on mar
ket conditions. Most Of the crnditors re-,
coRnizing that present conditions are
short-lived, are very fairly and wisely
withholding their securities from SAFE
An official statement was made to the
effect that the firm had no open contracts
in the, market, and that at at r to,Hay IS
their loans. 1t was added that II prices
did not decline further the firm wouia
be able to iauldate It's assets on a salts
factory basis.