New-York tribune., 1906-05-11
FIND BONDS OF SPIER
IN BROKERS' OFFICE.
Said TO BE Property of II. IT,.
Rogers Hgpothecated.

Among the stories that were current in Wall
Street yesterday regarding alleged spsculations o,
Charles L. Spier. Henry III. Rogersfs confidential
man, was one that two blocks OF traction stock,
one for $4,000 and the other for $40 $4,000 In all,
which had been given into Sper's custody. had
turned up in the Office OF Neech Loew & Co. where
they had been deposited TO finance the operation
OF the man whose death is one of the deepest
mysteries the police have had TO deal with in re-
cent years
Il could not be confirmed last night that these
bonds belonged to Mr. Rogers although such was
said TO have been the case
Irregularities in the accounts Of Mr. Spler were
admitted yesterday by II. II. Rogers 5r,, who IS
experimenting the investigation into spier's ac-
counts
80 far as the investigation OF the records has
proceeded" said Mr.. Rogers, ''there 70 be ir-
regularities but they must be traced 20 the end
before positive statement can be issued as 70 how
far Spier exceeded his powers
"It is very probable that certain OF these stock
certificates apparently issued under Irregularities
may prove an the outcome 70 have been devoted 70
legitimate outlays for the company's account. So
far we have heard from no bank with when any
of the securities have been hypothecated.
''We cannot assume TO know 70 estimate tho
liabilities OF the spier estate. position. up
now, is that are investigating and trying 60
learn where stand.
1--WE ave found records Of the issuance Of stock
which require investigation. There is evidence
that of the stock was put out in the name OF
the wife. We cannot say that it was improper un-
ill we have gOne1 further into the matter. But as
we do go further there is no appearance OF in-
crease. but. on the contrary. the liabilities may
prove to be smaller than anticipated At the
present stage we cannot give any approximate idea
Of the amount involved.
Investigation yesterday showed that Spier had a
speculative account with Keech, LOew & Co.. OF
No. Wall street When Mr.. Keech was asked
about this he took refuge in the plea that the
transactions between his hrm and It's clients were
confidential.
Whether Mr. spier had an account with is
purely CONFIDENTIAL he urged. land is matter
which concerns only the widow and the executor
of the estate.
L. w. Serrell an engineer, who was associated
with Spier in several undertakings said that Spier
had been speculator in Anaconda copper stock
Mr.. Serrel said that Spier told him he had oousht
at 26O and sold at 26S, making profit Of szO.0o'
Later however Spier bought at $50 and sOoh after
ward the stock dropped and he lost all his win
nings
1t was said also that spier had bought Amalsa-
mated Copper at 115; last Friday the stock had
dropped 20 96
terday as instances of Spier's unfortunate specu-
latlOns IN fact friends averred that for the last
two or three years every investment in which he
had been interested had been failure.
George Gordon Battle, who counsel for
Spier in the Yetman Typewriter Company case
said yesterday that the $4,000 judgment against
him could not have been a cause OF worry as an
extension Of year had been granted. He said that
in addition there note for $4,000. but this
also could not have been possibly any cause for
alarm on Spiers account
Spier was no stranger to litigation. About two
years ago he was plaintiff in suit against Charles
L. Hyde and W. r. Garrison on account OF the
Goodson Graphotype Company. Spier sued for
$50O00 recovered judgment for $5O6E2, and Is said
to have settled for about S25,OOO
In spite of the alleged revelations concerning her
husbands involved finances. Mrs. Spier still re-
mains convinced that he was shot by a burglar
She says she signed various papers presented TO
her by SpieF, but that she and IS unacQuatnted
with their nature. These papers, it has been al
legged. stock certificates to which Spier had no
claim
F. L. D. Prentiss. Spler's brother-in-law. said
yesterday that he had no knowledge that Spier
had ever speculated. He still OF the opinion
that burglar had murdered Spier.
Coroner Cahin has announced that the inquest
will not be held this week As he usually holds in
quests Thursdays, it is thought likely that the
hearing will be held next Thursday: Coroner Ca
tracted from sper's body proves that he committed
suicide, that he met death by accident from
a bullet from his own revolver. He holds that a
burglar could have carried revolver Of the same
Calibre.