The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-12-18
WALL STREET HIS DEBTOR.
Owed Russell Sage Millions When
He Died.
New York WORLDLY

The report on the appraisal of the estate
| of the late Russell Sage, made by Charles
p. Dillon. and approved on Thursday by
| Surrogate Beckett, includes loans in large
| sums to many of the foremost firms in
Wall street. All of these loans have been
| collected in cash since Mr.. Sage's death,
| as failure to make good the required
| amounts would have necessitated forfeit
ure of the stocks or bonds deposited as
security.
There is also In the report an account
of the securities held by Mr.. Sage, whose
value the appraiser places as nominal
Mr.. Sage was heavy holder of residen-
tial real estate, the report shows.
Among the Wall street firms whose
notes the Sage estate included at the time
of his death, July %, 1906. were the fol-
J. W Davis, 100000: Moore & schley.
8, 10000; f. B. Havens & Co, 500 900;
Stout & Co. 10000; s. D. Chaplin & Co..
$4,000; c. B. Morse & Co., $3.50. zoo: Hall
garten & Co. 100000; E. & G. Randolph.
$3.50, 900; Dominick & Dominick, s250, 900;
Byrne & Mcdonald. 100000; Webb &
Prail 100000; f. Meyer, jr.. & Co. $500.
ooo; Sharp & Montgomery. s2200OO Wor-
A A. Housman & Co. s250.0OO: Shearson
Hammill & Co, 5000. geo: Hooley Learnard
& Co, 100000; Marx & Metz. 100000; a.
o. Brown & Co, 500 600; Ellinger Bros &
Co, $4,000: Wolf Bros. & Co, 800
Strong, Sturgis & Co, $4,000
Ladenburg, Thalmann & Co, 500, 600:
JeSup K Lamont, $500 600; Flower & Co.
81, 10000; Hartman & Co., $4,000; Stern
& Co., $4,000; Gross & KIeeberg, $4,000:
DeCoppet & Doremus. $4,000; c. G. Gates
& Co, $4,000; J. S. Bache & Co., $l,Oo0,-
600; Henry Clews & Co, $3.50 900; Halle K.
Steiglitz, s25O.OO0; Post & Flagg. $500, 900:
F. NJ. Lockwood & Co. siO0, coo; s. ID.
Brown & Co, 100000; Sheffield & McCul-
Tough, 100000; Raymond Pynchon & Co,
10000; Van Emburgh & Atterbury, 500 :
600; f. Sweet & Co, $500, 600; E. c. Bene-
dict e Co., $4,000; Wasserman Bros
$500, 600; Wrenn Bros & Co, 500 600: Hav,
den, Stone sod & Co: $4,000; G. w. Maury &
Clark, Dodge & Co.. $4,000; Pearl & Co
100000: c. d. Barney < Co. $4,000: 81
B. Smith & Co., $4,000: W. E. Lauer &.
Co, $3.50. 600.
According to the appraisers estimate
Mr.. Sage was the possessor of some
thing between S30.O00,000 and s35 900. 600 in
stocks and bonds. the most important of
which were:
s2.07l.OO0 bonds of st. L., I. M. & So.
Gen. Con. Railway & Land Grant, 8 per
cent, 8, 366,1l7.50 s., 527,7s0 Missouri Pa
ciflc Railroad first per cent trust bonds;
collateral per cent: $113O5O0 Wabash
Railroad per cent Deb. Series A; $500 O0O
n Y C Revenue bonds, per cent; 800
600 Cross Country Railroad first 4 per cent
bonds, valued at 5000.
Appraised as Nominal.
Stocks named by the. appraiser at NOM
inal in value are:
$1,000 y. Ore & Pacific Railway dand
grant; slSOO0 Land Grant scrip of y. O.
q Paclfic Railway company; $50, 900 Brun- |
dloge, Cuthbert & Columbus per cent |
ponds; $1,000 State of Georgia gold |
bonds; 5000 Iowa Central Railroad third
SS!l bonds; $4,000 State of North Caro- |
Ina; 5000 Chicago, Danville & Vim |
cennes Railroad company: $4,000 Decatnr
chesapeake & New Orleans; s25.000 St |
l., New Orleans & Ocean Canal & Trans /
port2uon company, of New Jersey.
among his other valuable holdings |
were:
l2.4O1 shares of Manhattan Railway
company. A,SZz94I; 15.2S5 shares Missouri
racine Railroad company, 81, $50 $50; "a
~ shares stock OF w. L. Tel. Co, s.. PEI
10: 100 shares OF the Pullman company
sos CO.,
Other securities to which a mammal
value IS attached by the appraiser are:
-Four hundred and fifty shares Toledo a.
W apasn Elevator company; 30 shares Pro-
1ucS exchange company. provisional
stock receipts; 500 certificates of the
Ocean Causeway: 31S9 shares Minnesota
Central railway; % shares American /
Wood Carhonizing company; 800 shares
Iron company; 1900 shares Sa-
oula Marion CITY Construction COM
pany; a shares Mariposa Land & Min
ing company: l51 shares Grinneil & Mon
lezuma railroad; 5s5 shares Central Iowa
railroad; 3,S4z shares Central Iowa ILL
nois division. common; SO shares RelIe
vile and Eldorado company; 500 shares
Denver & Northern Oregon Construcfio1
company, 1s shares Marshall Consolidated
Coal company S95 shares St Louis Ore S
steel company; $50 shares Chicago Ele-