New-York tribune., 1920-01-01
Several Brokerage Houses
Reward Efforts of Their
Executives With Firm
Memberships

the first time since Thomas Cochran
joined the firm on January l, 1917.
Junius Spencer Morgan, son CT the
present J. P. Morgan and grandson of
the founder of the American branch Of
the company; Elliott Cowdin Bacon,
son Robert Bacon, former partner,
and George Whitney, nephew of Ed
ward F. Whitney, former partner,
yesterday became full partners of ]. P.
Morgan & Co., of New York; Drexel e.
Co., of Philadelphia; Morgan, Grenfell
q Co., London, and Morgan, Harjes &
Co., of Paris. The total membership
of the firm now consists of fifteen men
Young Morgan bears tho same name
as his great-grand ather, who started
the Morgan banking tradition. He was
long associated with the firm of George
Peabody & Co., which became J. S Nor
gan & Co., and later Morgan, Grenfell &
20. The present Junius S. Morgan is
twenty-seven years old, and is out Of
Harvard five years. Like his father.
Mr.. Morgan remained in Boston for \
year after he was graduated teom the
university and then joined the staff Of
the tlrm. In the war Mr.. Morgan was
commissioned lieutenant in the navy
and served on destroyers in Queens
town Harbor and later at London. Like
the other two men who were made
partners together with him, Mr.. Nor
gan is married and has children.
The other two men are also Harvard
graduates. Mr.. Bacon, who is thirty
one, has been out for nine years. and
Mr. Whitney, thirty our, has been
away from Harvard's classrooms for
WE'VE years: Mr.. Bacon was mem
per or the victorious varsity crew for
Two years, and was we'll known as an
9arsman oars, during his undergraduate
days. He Joined the Morgan staff in
1914, and during the war became car.
tain in the 304th Field Artillery of tho
|'th Division and saw active service
overseas. MIR. Whitney entered the EN-
ploy OF Morgan's in 1915, and at the
Time the armistice was signed was in
training at an artillery school. He
went abroad with Thomas W. Lamont.
who had been appointed financial ad
wiser to the American peace dclega-
tlon, early this year, and served as his
aid and alternate. Earlier in his
career Mr.. Whitney acted as sccre-
tary to w. B. Thompson
Among the other changes that took
place were the following:
The copartnership of Mann. Bill g.
Co. has been dissolved by limitation.
Charles A: Bill retires from the firm
and the business will be continued d
under the firm name of Mann. Pell &.
Peake. Edwin S. Gorham jr. becomes
special partner.
Philip Kip Rhinelander and George
f. Cozzens have become general part
ners in the Stock Exchange firm OF
Gillespie, Mees & Co.
After having been associated with
the banking house of Ladenburg, Thai
mann q Co..for thirty years, Paul Lich
tenstein has retired from active bust
ness.
John R. Hall, formerly with Hall
garten & c., becomes a member of
knauth, Nachod e. Kuhne, beginning
to-day.
Alexander D. B. Pratt, heretofore a
special partner, Clarence l.. Howland
and Malcolm McBurney have been ad-
mitted as general partners in the firm
Of Markoe, Morgan & Co.
Joseph A. Torres, formerly manager
OF the foreign department of the Asia
mitted as general partner in the firm
of Horch, Rosenthal & Co.
Lewis A. Williams jr. has been ad-
mitted to the firm of Abbott. Hoppin
Co., who will become successors to
the firm of Abbott, Johnson E. Co.
William M. van der Kieft and A.
Wilson De Baum have formed a copart-
nership to deal in investment securities
at 81 Broadway
L. Montetiore Stein and Frank E. AL
strin, of Chicago, who have been in
charge of the Chicago Office of Block,
Maloney & Co., have withdrawn from
Chicago, have formed the Stock Ex-
change firm Of Stein, Astrn g. Co..
The latter firm has acquired and will
continue the business heretofore con-
Quoted in Chicago by Block, Maloney
Co. and will act as its wire CORE
spondent. Alfred Dryer, George P.
Maloney and Alfred L. Rosener have
been admitted to the firm as special
partners.
The interest Of George Foster Pea
body as trustee In Spencer Trask &
Co. ceases to-day. The interest of
Robert Mallory sr. passes to Robert
Mallory jr. New partners admitted in
clude j. Graham Parsons, V. C. Ruxton,
S. Wallace Roe, of Albany.
Franklin Escher has been admitted
as general partner in John Muir G. Co.
general partner in the firm of Webb
Stone s. Webster. which has con-
sisted of Charles A. Stone, Edwin S.
Webster, Russell Robb and Henry G.
Bradlee, to-day adds six new partners:
Frederick P. Royce, George O. Muhl-
field. Henry B. Sawyer, Frederick s.
Pratt, Harry H. Hunt and Howard
l.. Rogers.
Lazard Freres announced that the
following changes will take place IN
the firm of Lazard Brothers & Co.,
London: The firm will be changed to
British limited company, under the
name of Lazard Brothers & Co., Ltd.
Charles S. Godr * will become q
general partner in the Stock Exchange
firm Of n. F. Bachman & Co.
The New York Stock Exchange firm
Of Edwin S. Hooley & Co. dissolved.
a new partnership under the name
of Brumley, Chamberlain & Co. has
been formed to take over the old bust
ness.
Paul E. Gardner. who has been con-
nected with the Chicago Office Of
King, Farnum & Co., has been admitted
to the firm.
The firm of Sichel & Frank having
been dissolved, Rene A. Sichel and
Joseph D. Frankel have formed a
partnership under the name of Sichel
4 Frsnksl Milton l. Frank. member