The sun., 1913-11-30
FIVE WALL STREET
FIRMS DISSOLVE
Two to Form New Partnerships,
Three to Go Out Of
Business.
SEVEN BRANCHES CLOSE
stock Exchange Members Quit
ting Operation to Keep
Their Seats.
SEVEN BRANCHES CLOSE

The regular Saturday bulletin Of the
stock Exchange revealed larger number
o. partnership dissolutions and discon-
,nued branch offices than is customary.
Five well known firms dissolved partner
three of them to suspend busint IS for tire
time being. Seven branch offices were
discontinued and only one new one opened.
About the only consolation that the
financial district inds in the news Ia that
IN every Arm that has dissolved the Stock
Exchange member has signified his intcn
ton to keep his seat. a sign taken to mean
that there IL still a belief that tire days
OF good business will return.
The news OF the dissolutions and the
dis, ontmuins of branch offices did not
come az IA surprise to the financial dis
;rct. for Wall street has lately been full
Of riinors to that effect tor some tim'.
and II has been known for several wee1s
that in view OF the great falling off in
investment and speculative buying that
nan:' Stock Exchange houses were plan
ring to cut down expenses. retrench and
bide their time.
Clman 4 Co. have announced their in
tfnliOU to ulSSolNt VII i'e-
cc,nber l. The firm, which began busi-
ness December 81. 1907. IL composed of
Joseph $ tlman. the Stock Exchange
member. and Elisha Dyer. Mr. Clman
will retain his seat on the exchange and
continue to keep his Offices at so New
street.
William Evans. Jr, & Co Of %
broadway will dissolve partnership on
December l. The firm began business
June .. 1902 and is composed OF Will
! lam Evans. Jr.. the stock Exchange men,
| her of the Arm. william W. Evans and
Lewis L. Evans. william Evans .Ir..
will make his Offices with A. NJ kidder
4 Co.
The firm OF Kendall & Whitlock. which
! was formed September Is. 1892, and Is
composed OF W. b. Kendall the stock
! Exchange member. and c. II. WhitlOck,
| is to dissolve on December l. The lat
ter dissolution has been rumored for some
| time in the financial district, as was that
OF Ulman n Co.
| Hendricksor. Hall & Co. Of II Broad
| way. which was formed August 81. 1907.
will dissolve to-day and u new frm TO
| h. known as Hendrickson Co. will
| hc formed to occupy offices In the same
building j. Wllet Hall Is the retiring
| partner and the new firm will be COM
rosed OF c. lie Roy Herdrckson. men,
| bcr OF the Exchange: Edwards Tworger.
W. B.rtram Remey. W. W. Peabody and
George : Hendrckson. special partner.
| Th. firm OF Johnson, Wood & Rogers
of - Wall street will dissolve the first
| of the coming month and a new Arm will
Ice formed to continue business at the
! same location. Edmund +. Rogers is
the retiring member and the new part
nership will be composed OF Chalmers
| Wood, member OF the exchange. and
Aymar Johnson.
Th. following branch offices OF Stock
Exohaugr houses have been discontinued
Roody. Mcclellan Co. az stamford
Conn. and a. Bridgeport Conn: CHS
| holm & Chapman 32o Broadway. n Y
| Thomson ~ MCkirnon. Evansville ina,
| Posn.r & Co. G2l broadway. y. y; j.
| : Farlas 4 Co. Hartford. Conn
! Rhoad"s & Go. have opened branch
Office at Worcester. Mass