PIERPONT MORGAN DEAD.

Wanganui Herald, Volume XLVIII, Issue 13944, 1 April 1913, Page 5

PIERPONT MORGAN DEAD.

Press Association.—Telegraph.— Copyright Received April 1. 8.20 a.m. ' „ LONDON, April 1. Obituary—Pierpont Morgan. NO EXCITEMENT ON MARKETS. Received April 1, 11.30 a.m. N'EAA YORK. March 31. No excitement was caused in tho market by tho news ot Air Pierpont Morgan’s death. Prices lost fractionally, but “the hears" did not make attacks. The recent money blp.ngoncy and the call for prices is responsible for the lack of interest.

SUGGESTION REJECTED, Received April 1, 11.30 a.m. NEW YORK, March 31. Tne members of the -Money Tust Investigation Committee reject - the suggestion that Mr Pierpont Morgan's death was hastened bv the result of the investigation. They point out that Mr Morvan rather enjoyed tho cross-exami-nation at tho hands of tho committee. John Pierpont Morgan. L.L.D. Yale and Harvard, was a member of the banking firms of J. P. Morgan and Co New York: Drexel and Co.. Philadelphia: Morgan, Grenfell and Co., London: and Morgan, and Co. Pari*;. Lie was born in Hartford. Conn., oii I‘Hi. IS3i, and was thus 60 vears ti- 'i. ' va '' fc!llc: ‘te;l at the English High School. Boston, and at Gottingen, entering the flank of Duncan Sherman and Co. in I'm/. He b-'enme the Ameiienn agent of C. Peabody and Co./Lon'lt>n. in 1860, and a member of the firm e( Dabney. Morgan and Co. from 1861 - of Drexel, Morgan and Co. in TB7L Ho lias been prominent in fho largest reorganisation of railways in hue years. He was the princinal negotiator of the Bond Issue of the Cleveland Administration. the late Pierpont a^S ° "'ell-known as a dog fancier, ohd as a yachtsman, and also as a curio collector.