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Show FRENZIED FINANCE NEARING THE END I New York. N" Y Nov 21. Scores of brokerage firms and small invest-i invest-i ment banking concerns doing business in Wall street will go our of business 'the first of the ear. owing to the ! prolonged absence of simulators from the market .Many of thoso connect I d with the firms will retire from the ; brokerage business entirely, while Otil I era will enter some of the more firm ly established concerns as either Ju nlor members or as plain employes During Ihe lean years since 1007 nearly all of the brokerage houses have kept up a bold front, but th coming year will see a curtailment of expenses such rr Wall street never j ; saw before k is estimated tb&tl mor" than 1 nu clerks and stenographers stenogra-phers have already been discharged but this v.iM be small In comparison with those who will be forced to seek ne positions after January l next Some firms with beats on the New York stock exchange have alradv gone out of business Anions the most interesting of thesp was B. L. Smyth & Co., of 42 Broadway. This firm had been connected With the stoi k ex hango for more than fifty years In one way or another and several years ago was one of the re-puled re-puled 'Standard Oil houses.'' The brokers who are holding on and hoping agaiust hope are becoming discouraged at the failure of the speculators to return to the marker The blame the "trust busting' campaign cam-paign about to be launched by the administration together vrith the Mexican situation and the coutlnued aitnckB against the railroads The more far sighted ones admit that Wall street has seen the last era of fren zied speculation and that the bus.-ness bus.-ness of the future will be one solely of an investment nature rut |