The Birmingham age-herald., 1910-02-09
Report of the Committee Is Made Upon Hooking Deal
 and Ihe Failures
TWO POOLS EXISTED
 ID HANDLE TIE STOCK
Much of inc Evideace Taken By the Committee Is Conflicting, and For This Reason No Severe Pen
 aIiy Is Inflicted

New York, February S-Seyeral firms merit severe condemnation for their con- nection with the Columbus and Hooking Coal and Iron pool, whose collapse Janu- ary l9 caused three stock exchange fail- ures, but nothing more drastic than this can be found in the wording of the re- port of the special committee of the eA- change, made public tonight after an in vestigatlon of the fiasco. says a report published today giving the name of all the participants and shares they sub scribed for
 It shows that in reality two pools exist ed The names mentioned include some of the best known firms doing business on the exchange in addition to Iathrop Haskins & Co. J. M. F'iske X Go. and Roberts, Hall & Criss. who were forced to suspend by reason of their entangle- ment in Hooking stocks
 The parties to the two pools are given as follows
 Pool No. 1--Nuberger. Henderson SS Loeb, 500 shares.
 J. M. Fiske S Co. SO0O shares.
 Markoe & Morrison. 800 shares. assumed by Lathrop, Hasklns & Go.
 James R. Keene. $500 shares.
 Lathrop Haskins & Co.,, 5000 shares.
 Rollins & Co. 1000 shares, for account of Lathrop. Haskins & Co.
 Day. Adams x Co., 20O0 shares for ae- count of Lathrop, Haskins X Co.
 Jewett Bros, 1000 shares, for account oe IAthrop Haskins & Co.
 A. J. Ellis & Co. 1000 shares, for ao- count of T.tbrot, IIoslipS C Co
 Total, ls,b0o shares. s>
 Pool No. 2:
 Atwood, Violet x Co. 1000 shares.
 Wagner Lamhier & Co.,. 1000 shares.
 Bishop, Lambier & Co.,, 1900 shares.
 J. M. Fiske & Co, 1000 shares.
 James R. Keene. 4OoO shares.
 Lathrop, Haskins & Co., 7o0o shares.
 Tucker, Anthony & Co.,. 1000 shares for account of Lathrop Haskins & Co.
 Van schaick, 1ptO shares for account of Lathrop, Haskins & Co.
 Total, o0Ooo shares
 Hugh F. Criss. board member of the firm of Roberts. Hall & Criss, became the specialist in the stock, says the re- port, after an interview with James R. keene, the supposed manipulator of the pool.
 The interview was held in the presence of members of Lathrop Haskins X Co.,. the pool managers and Criss, the report adds received check for s25000 for any contracts he might make for the pool.
 Much of the evidence taken by the com mittee is admitted to be conflicting, es- pecally that relating to the distribution of pool orders, it is declared It appears. however, that J. M. Fiske & Co. made no repudiation of the purchases made in their name by Crss, but that A. I. Elias & Co.,, Rollins & Co.,, and Day, Adams .S Co. accepted and paid only for all stock bought on their direct orders"
 The report concludes:
 Your committee reports that in it's opinion the conduct of Day, Adams & Co.,, Rollins x Co. and A. J. Elias & Co., in rejecting the reports in question and disclaiming responsibility for the trans actions reported, thereby was fully war ranted by all the rules and practices of the exchange and by the members of said firms in their action taken, and they shall not be censured."
 It appears that Mr. Criss, for his firm. is responsible to all sellers for all his purchases which have not been accepted and paid for by others. and the claims of his firm against Lathrop, Haskins Ss Go. remain, says the report.
 Hugh F. Criss, it s declared, has used offensive language in connection with the acts of Day. Adams & Co.,. was not war ranted by the facts, and merits severe condemnation.
 ''The acts of the stock exchange firms in subscribing to the Columbus and Hook ing coal and iron pools for account or Iathrop Haskins & Co.," says the report. "thereby linking their names to the un- dertaking, also nlerlts severe condemna- tion."