Salt Lake Herald | 1891-08-05 | Page 1 | Failure of A. P. Stockwell Announced

Failure or A P Stockwell Announced NEW YORK Aug 4The failure of A P Stockwell was announced the i on consolidated con-solidated exchange to day He had been allowed until 211 oclock to make contracts for 200 shares of stock but couldnt do it The decline of Stockwell atone at-one time noted as a most daring dar-ing and venturesome speculator excited much sympathy among the people in Wall street Twenty years ago he came here from Cleveland Ohio with a capital estimated 1000000 He was at the head of the then famous Howe Sewing Machine company a position ho acquired through his marriage with the daughter of the well known inventor For a longtime long-time he cut a big swath in Wail street affairs He became president of the Pacific Mail Steamship company Then reverses came Misfortunes followed each other in quick succession until his ertune was swalled up in the maelstrom of speculation