| Show HARRIMAN LOSES MILLIONS IN VALUES V L New Ne York Aug Auf 21 Edward II H Harriman Is supposed to bo he ono 01 of o the shrewdest est stock tock market larket traders In iii II tho the country Ho Ito has plied piled pled up UI unknown millions milon for himself by h buying buln stocks cheap chelp and selling at an nn advance It would seem Icem however that his astuteness 85 as o a 1 judge of values vaie of o se securities e Irlies had deserted him when wh 1 he lie ex ox expended between Juno 30 1901 1906 and March 1107 1 1907 of the tho money mOlo of or It tho the stockholders of ot the Union Pacific railroad company for tOl huge blocks uC of stocks Those securities wore were worth nt at a atthe the depth of or the time slump last week 96 showing time the stupendous loss toss of 32 Mr 11 Harriman bought some sonic of at the time stocks that haxe hac proved pro BO so IO costly costy to tho tim shareholders of ot the time Union from himself Ho lIe 10 acted both bolh as nR buyer buor anti and 1111 seller In the tho transaction He Ste le fixed the time price at aL which he ho would part wirt with them and ant for the tho Union Pacific he lie also agreed to his hilt own terms Mr 1 Harriman bought other blocks of or theo theco costly cost stocks from frol roam his hits Intimate associates James and Henry HenryH Hen HenI H Ii I Rogers both boll ot or the Standard Oil 01 group I p Thelo facts are matters of oC rec rt record ord arch It I la is II also supposed that ho he bought bou hL other blocks from his bankers Kuhn Kulin Loeb Company COmpI When hen Otto Oto Kuhn Kahn of or Unit firm was waR on the tho witness stand nt ul the time Investigation of o tho the Harriman roads s by b the Interstate commerce commis commission shin sion he lie refused to answer questions de do designed signed to disclose tho time limiter Inner relations which existed between time tho thC bankers and In tho time of ot his hl stock Harriman matter op operations orations with wih tho the mooney money mono of tho time Union Pacific stockholders Mr 1 Harriman also refused to testify lesly fully tuly as its to tho the stocks he unloaded on elm al time tho Union Ulion Pacific the tho prices he lie paid laid for far them and the tile price lit h received It H ItIs HIt Itis Is It believed the tho government wilt will wi com corn compel pel both Mr and Mr 11 Kuhn Kuhl to In show cause why they tho should not an answer balked at last sever RIer all ni questions they It I him has hll been blon established that Mr liar Har Harriman lar riman bought from for fol tho time Union 1000 shares of oC Illinois Central stock For the time Union Pacific he ime heul le ul uilo also o bought hought from frum II SI H ii Rogers 30 shares nod and nd another block of 30 I shares from frol Jamas Tarol ThIs ThU accounts for tor only emily of or the tho shares hars ho he bought bou ht at about bout the time time ho was on his hll campaign to oust Stuyvesant Fish Ih front from frol the presidency pre of oC the time Illinois Central rime Tho average price he lie paid himself and others was wan ff n a share Last week Illinois Central stock sold at It 1127 27 a I share a I shrinkage of ot J ID IS 8 |
