| Show mm ALLY ALIV is I Ii i LOST TO TOI DELMONT DELMONTI I II II I I I I I Wall Street Rumor Is Credited I Despite Strenuous Official Denial I I REAL ESTATE TRANSFERRED Worth of f Deed to Land Is Given to S New York Jan Jac 22 Wall Wall street was intensely Interested lo today ay by reports that t the time s had ere Sc severed all connection with the house of or Belmont Delmont These reports were streu strengthened by bythe bythe bythe the assertion that several se Important banking houses of or international repute repute re re- In this city were making strenuous ous and aud a aggressive efforts to obtain that connection for themselves August Belmont was so greatly perturbed per per- b by the reports that he cabled them to London and later Intel issued the following formal typewritten statement state stalL ment To ro set at rest the tho unfortunate rumors ru ru- ru mors concerning the tho rel relations between our firm and the s. s Rothschild W we ure are authorized by them to lo officially contradict the report concerning a severance sev sev- erance of or their thell connection with our house hO Ii The Ihie various rumors circulated b by in the tho street stroet growing out and time press cut of or a Q certain real reel estate transaction are without foundation the e operation In question being a 0 simple simpleS bu business transaction which does not S affect our position in iii any way S Mr Nr Ir Belmont refused to say what was viat the tho simple J Business ss transaction which necessitated tho the transfer b by him of ot almost worth of or real estate in iii the tho heart of the time cit city w to tho the great rent English financial firm which has backed backe backed back back- e ed his house since it Il was foun founded c in inthis inthis this city b by hl lila his father Transfer Not From the thO transfer papers it was learned earned that the transfer was made last October about the time of the p panic pic in monetary circles here lIec but ut that hat It was not recorded then because of the bad effect it was 08 feared the news of It Il would have upon pon th the irritated rr t e l condition on I of ot affairs in financial circles here The Tile contents of 0 the tho deed indicate that property p was transferred to secure a debt bt that Is Js to say the deeds were of or that character whIch lawyers draw raw when their client does docs not wish to re- re nil all claim to the property heb ho lie b holds but only onh to part tart Of it that will that had cOU the amount of ot money b en advanced to ili hiru hirl That seemed to confirm tho tle b belief Inthe in inthe the he street that the time ha had suf- suf r fred freil with other speculative firms inns Inthe in he timO recent cent panic It was us recalled that he le had been hit hut haid by y John W. W V Gates ant and liI his friends when thc they took tool from flom un t l Ulo and Nn h- h IU I 1 1 ufo 1 t US n hi t hJ l lIl Il rl d' d oCl ii- ii 0 VL nu 1 subway lines in this city Altogether the rumor would woul not down that lint if the had not nol severed their connection with tho the Bel nel- monts the they certainly were protecting protect protect- ing themselves In any uny money transaction transaction tion thou they might have had with him and did dl not deem him so strong financially hat thal they could afford to advance an any large arge sums to him without the theer er very best security |
