The sun. [volume] (New York [N.Y.]) 1833-1916, 1903-07-25
a NEW ASPECT HAS
N been given the
question Of printed mat
ter for advertising pur-
poses by the individual
work of The
CHEL TENt4AM Press
$50 Fifth Avenue
Southwest Corner Twentieth Street
,ttled upon Mrs Keene a handsome prop.

settled upon Mrs. Keene a handsome prop
erty, ,,..,.,.
! it is intact to-day At any rate, the story
was that the wife would never permit thc
! husband 10 use dollar of the amount nc
had thus settled upon her for speculative
| purposes.
! rtn addition to that, he settled COM
! Portable fortune upon his daughter at the
time of her marriage TO Mr. Taylor. and
about the same time he settled an equa
| amount upon his son Foxhall' In tniS
way, suppose, he may have set aside 10Y
the benefit of members of his family, all
told, something like 81 100000:
what il the condition of Mrs Taylor
| property and that of Foxhall Keene have
no means of knowing, but / believe that
Mrs. keele's fortune, whatever IL may be,
is in gilt-edge securities, so that she ana
her husband, no matter how disastrous
this failure may prove to be for Mr., keene,
will have enough TO take care Of them In
comfort in their old age
1t is known that Mr., keene and Taylor
4 Co have been trading recently on the
extensive scale which was their habit in
the stock of Chicago, Milwaukee and st;
Paul. That stock has steadily decllned
from nearly 200 to 1917, which was the low
point touched yesterday. A glance at the
transact ions on the Stock Exchange yester-
udy may NtTVt 10 buRktyt bouN VI tAlt sNNNh no
which Taylor l. Co were obliged to throw
overheard. 1t is known, for Instance, that
they were also interested in Reading COM
mon. OF this stock l07 900 shares were
sold yesterday, which was the record OF sales
for any stock on the list. or st. Paul
~ 900 shares were sold, and of Amalgamated
Copper Az, 400 shares. There were sales OF
S8,,35 shares of Southern Pacific, 1890
shares of Union Pacific, 81 800 shares OF
Cuited States Steel, "A, 400 shares Of Penn
sylvania. 81 500 shares of Atchison. Topeka
and Santa Fa, 34,iO0 shares OF Brooklyn
Rapid Transit, and 40,200 shares OF Erie.
Commenting on these sales at the close Of
the market yesterday afternoon the senior
member Of a well-known Stock Exchange
firm said:
Il have reason to know that the heaviest
sales during the day were those of stocks
in which Talbot J. Taylor Co had large
holdings
BEARS FAIL IN BEAR MARKET.
The gray boards Of Wall Street were
ramarking yesterday that there was a
peculiarly fateful feature OF both the fail
ures of Taylor Il Co. and Stow Il Co. Up
to within a few years ago James II. keene
and Addison Cammack. il was remarked
by the old-timers, were the great bears OF
Wall Street. They pointed out that when
keene failed before ii was on declining
market, and that his son-in-law's firm went
under on the decline from bull market
which had lasted 80 long as to become
famous in the annals OF the Street. The
same thing happened to Stow 4 Co., al
though they during the greater part OF
Addison Cammack's active career in the
Street were his brokers and assisted him to
carry through many Of his bear raids.
BRITT THINKS KEENE FIRM CAN RESUME.
Philip J. Britt, the assignee OF Talbot
J. Taylor Il Co., and Keene's counsel in
many affairs in the past, gave out this state
ment at the Oriental Hotel. Manhattan
Beach last night:
II haven't had time TO get an intelligent
idea of the situation, but from the informa-
ton that he's been impaired to ME I do
know enough to convince me that this
suspension is only temporary, and that
matters can soon be arranged 30 that the
firm can resume business.
II do not know exactly the extent of the
liabilities but feel sure that we will be
able TO pay dollar for dollar to every credi-
tor; but that depends on the attitude of the
creditors The banks are the largest
creditors and they are fully secured and If
they do not show unreasonable impatience
but will wait until the market settles, it will
he essy to settle every obligation. james
II. Keene is the largest unsecured creditor.
The others do not amount to much. To-
morrow we will issue n statement to the
creditors setting forth the exact facts"