The daily morning journal and courier., 1903-08-06
FAILURES IN WALL STREET.
Continued from First Page.l

To-day's shrinkage alone aggregates
 many millions of dollars. Countless
 stop Ioss'' orders were caught in the
 selling avalanche and it is probable
 that hundreds of weak accounts were l closed in utter disregard of the losses
 sustained by their owners.
 The list of stock that touched their | lowest level includes Atchisons, Balti-
 more & Ohio, Chesapeake & Ohio, Chi | cago & Alton, common and preferred, Chicago Great Western and the deben-
 lures and second preferred, Chicago, | Milwaukee & St. Paul, Chicago &
 Northwestern common and preferred,
 Delaware & Hudson, Colorado & South
 ern first and second preferred, Denver | & Rio Grande common and preferred,
 Great Northern peferred, Evansville &
 Terre Haute preferred, Long Island, Louisville & Nashville, Kansas 6
 Texas, Missouri Pacific, Ontario & Western, Rock Island common and pre- ferred, St. Louis Southwestern common | and preferred, Southern Railway com
 mon and preferred, Texas & Pacific, l Union Pacific and Wabash preferred. | HI l1AC ti1uuSlIldI C1dSS HcW lOW ISG- | ords were the order In American Cotton Oil, American Locomotive common and preferred. American Smelling preferred, Republic Steel and Iron common and preferred, United States Leather, Unit l ed States Realty common and preferred, Virginia Carolina Chemical common and preferred, American Hide and Leather preferred, American Snuff, American Sugar, Hooking Coal and Iron, Consolidated Gas, Continental
 Tobacco preferred, General Electric,
 National Biscuit, New York Air Brake. Pacific Mail, Peoples Gas, Virginia
 Iron, Coal and Coke, and Pressed Steel Car. ..-: To these lists should be added Brook lyn Rapid Transit, and such specialties as American Express, United States Express, and Corn Products common and preferred. Fully a dozen or more other issues sold on a parity with pre- vious low prices of the year.
 These stocks made geratest net losses for the day: ,..i.t /
 American Snuff, 15 points; General Electric, 1-2; Pullman Palace Car, z S-4: Sugar, 2; St. Paul, 2 3-4; Colo rado Southern first and second prefer red Is and S-4 respectively; Consol- dated Gas, 6; Brooklyn Union Gas, 1-2; Delaware & Hudson, 5: Denver & Rio Grande preferred, 4: Evansville & Terre Haute z 1-2; Metropolitan Subscriptions, 5; Missouri Pacific, 5-S; St. Louis & San Francisco; Chicago & Ir Louis Southwestern preferred, 4 3-4; Texas & Pacific land trust, 4; Wabash preferred, 1-2, and Reading and Lake Erie first preferred, 5. I
 In the entire list just seven stocks made net gains, these including an ad- vance of 1-2 per cent. in Virginia Carolina Chemical preferred. Slightly over 100000 shares changed during the day. The heaviest trading was In Atchison. Baltimore & Ohio, St. Paul, Erie common, Missouri Pacific. Union Pacific, Pennsylvania, Reading com mon and United States Steel common, the latter leading the list with a total of more than S5,0o0 shares.
 The failure of Sharp & Bryan CW. w. Sharp and c. s. Bryan) excited general sympathy as both men are members of the board and popular In stock ex- change circles. MT. Bryan Is a gover- nor of the exchange. The firm was or ganiZed in 1891. They were specialists in several stocks, more particularly yir- ginia-Carolina Chemical, and their failure is regarded as directly attribut- ed to the decline in those shares. Dur ing last years boom Chemical preferred sold as high as 1S4 7-s, and the common at S0 They closed to-day at S5 and 23 3-4 respectively.
 According to the statement of the as- signee, Sharp & Bryan's liabilities are about s5,000oo0, mostly secured. As- sets are said to include several million dollars of stock exchange securities, the value of which is almost altogether con- tingent on market conditions. l
 The firm of Hurlbut, Hatch & Co.,
 John Henry Hurlbut, E. Sanford Hatch, the board member, and J. Frai- ley Smith) was organized in September, 1899. Their financial embarrassment has been a matter of general comment in the ''street" for some weeks. No statement regarding their affairs was obtainable to-day.