PIERPONT MORGAN DEAD.
A GREAT FINANCIER. ! MARKETS —lAFFECTED. OWING TO THE EXISTING STRINGENCY. (Received 10.50 a.m.) LONDON, March 31. J. Pierpont Morgan, the great American banker, who was taken ill in Egypt a fortnight ago, and went thence to Naples, died there to-day. Contrary to the general expectation, there was no excitement in the New York markets when news of the financier's death was received. Prices declined fractionally, but the "bears" made no attacks on the market. The recent money stringency and the fall in prices was responsible for the lack of interest. » Members of the Money Trust Investigation Committee reject the suggestion that Mr Morgan's death was hastened as the result of the investigation. Tboy pointed out. that Mr Morgan rather enjoyed his cross-examination at the hands of the committee.
A character sketch >of Mr Morgan appears in another part of this issue.
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Auckland Star, Volume XLIV, Issue 77, 1 April 1913, Page 5
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144PIERPONT MORGAN DEAD. Auckland Star, Volume XLIV, Issue 77, 1 April 1913, Page 5
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