Ogden Standard-Examiner | 1922-02-27 | Page 7 | More Wall Street Brokers Go Under

MORE WALL STREET BROKERS GO UNDER NEW YORK, Fob 27 The number r.f Wall Htree'. br kt-ra.Ke houses whlcn have crashed since laat November advanced ad-vanced toward the 40 mark Unlay wit a the announcement of several more failure's. fail-ure's. Suspension of the brokerage firm OI Sliewrv und Falkland uas announced from tho roetrum of the Consolidated utoi k exi hand e nhc rth b. i"..i c re in A short time after tho suspension of Thomnt Cowley and Company was announced an-nounced from the Consolidated stock ax-Change ax-Change rostrum, an Involuntary petition agralnst that firm was filed In federal exiurt by threo creditors with claimsp-proximatlnc claimsp-proximatlnc $80" Liabilities were es-tlin:ite. es-tlin:ite. ,n 100 nuO Hiid assets at $40-000 $40-000 Karl B Humes was appointed receiver, re-ceiver, under $10,000 bond. Federal Tudsre Learned Hand appointed Iuls Weill, receiver under bond of $30,000 for Mosher and Wallace Ho oNo named John It. Kittle as receiver under $1000 bond for the firm of Reltz and Sullivan, against which an Involuntary petition was filed last week. FOREIGN EXCHANGE. TEV YORK, Feb 27 Foreign exchange ex-change .strone Great Britain Pemand $4 4'iH: Cables $1 4?'-j; 60 day bills on banks $4.40'i. France Demand H.lit'-ic; cables l.20c. Ital ! Demand B.tte; cables 0.33c. Belgium- Demand S.i'iflUc, cable S.70 Germans Demand 43V4C: cables ,44c. Holland Demand 3S 43c; cable? 38.41c Norway Demand 17 ISc Sweden; Demand 26.65c Denmark: Demand 21 OSc. Switzerland. Demand 19 OSc Spain- Demand 16 00c. Greece Demand 4 COc. Poland Demand 02Sc. Czccho-Slovakla Demand I7.0?o. Argentine; Demand 30 37c. Brazil Demand 13.76c. Montreal OS'ic. NEW YORK SUGAR. SEW YORK. Feb 27 The early raw uu.ir market was firm and unchanged with DO Bgles reported. Cubas were quoted at 2 3-32c. cost and freight, evjual to 3.70c for centrifugal for spot, and 2Vc. equal to 3.71c. for centrifugal, for Mat. h shipment Raw sujjar futures were firmer earl on renewed buying by outride interests, but after showlny advances of 2 to 4 Points prices cased off under realizing and at midday wore 1 point net hlyher There were no chances In refined sugar with fine granulated listed at 5 10r by all refiners with a fair Inquiry reported re-ported Refined futures were without transactions. transac-tions. Shgar futures closed steady approximate approxi-mate sale 11.000 tons. Maroh 2.22e; May 2.42c. July 2. file; SepL 2.75c.