The evening world. Newspaper, January 22, 1914, Page 12

7 s Thg DRY GOODS MAN ng vm CONFESSES THAT NOW PENNILESS. S HES 0 | account for only $600,000 of ie $830,505 went to the Four- r j Street Store, $62,000 to the ‘ ‘ [ al Store and $68,524 to Simpson, ¢ $ 4 4 “Pthink it went to the ; Mind is not clear on that will les it up and tet ed th, didectbee eis 4 stores, all of whom with the | ¢ of himself and Vogel and p of Chicago were employees: with very small holdings id, an Vogel did yesterday, no understanding that all by the eat ggg i ‘rawford jenry Yo, of Hos. } the Fourteenth Mtrect Store to Stores Corporation wore to inated to all other debts of ea to other ‘creditors, He it the claims of the Siegel | 3 apceporetion Against the three as the claims of | — ss moe Ce assets was made clear when Mr. Tos. | rg asl if, Siogel If the money FORESHADOWED oveR uSTE Ait jah Reel Fae one | iE OF THE ASSETS. stores was cat has debt not to be repald unt! other debts of t Might te coming, between the) sured warn pi for certain assets a you to ask the witness irs of the bank.” Stegel was told by Judge Holt to eal € you believe [ileeeever wwe paw req jasse: j Stegel said it was agre uire sl - Merchandise creditors Were t ed the conscientious ad- first, | bank Sepoaltors | stockholders, for dividen a thoroughly cain) Siegel declared he owned $3,500,000 at physician) gommon stock in the Siexel Stores led services of a ration, an that he had person- Glasses are scaly cath, 5 by ie ‘Opticians in ‘ompany ani five -factories—and |Fourne stock in stone jin Chicago, for which ignorance of that the Siegel bank loaned larg: to Simpson-Crawford, and that~these sums actually went to the Fourteenth Btreet Store and to the Boston store, ‘Then he told of the formation of the Biogel bank. “We atarted on a small scale,” he ald, 'e.sold small safes to our cus- tomers in the Vourtes:.th Street Store, to persuade them to open acounts, In that way we built up a big bank- ing business.” OWNS SOME STOCK OF LITTLE VALUE. eald BIAltnnant & Cnt & sizes suitable for Boys from 3 to 8 years), Rm: a variety of de<irable macerials, will be & | cept “a few automobiles.” did it not?” a “. Boys’ Hats | _ and bonds and{deposited in our bank was put there; The only collateral he put up was the to the receivers. | bec stock in the Siegel Stores Corporation, |e furnishod a Met of there unpledged ; | which already was in the bank's vaults securities, amc d 4 8 collateral for the loans made by the Man Logg no fh som - dj bank to the Siegel stores. ‘The pur value of this stock was nearly $8,000,- By private money do owned by Siegel and Vogel. THE EVENING WORLD, THURSDAY, JANUARY 22, _1914,_ APPRAISALS OF ESTATES. gy, Cound eetate, (AEE: net value i | Lawrence W. Trowbridge, died March Miss Mary Moffat Cunningham, a 21, 1912: total estate, 97,487; net value, niece of the late 1. 0. Mille, died at Lu- | 96,386. jeerne, Switzerland, Aug. 6, 1 total| Col. Thomas M. Canton? died March te, $868,119; net vulue, $31 | 13, 1913; total eatate, $33,828; net value, 1 oWn personal mone DE ‘$4,500,000 FROM TWO © ed. Gen. Joseph Cooke Jackson, 9 j $81,408. Cooked—reedy 1 certainly do; we regarded it as | GREAT STORES. of the oly rar, died May 25, 18151 total | 3 Michael Gray, died March 30, 1913; | oon cas Goat pron, cur private money, and loaned It tO) tm response to queations of his at-lestate, $191,407; net value, $122,408. | tions catate, deposits, $3,000, no Mgt ha se a ina money he had in torneys, Siegel sald that in 1902 nt ‘4 7 ‘ DEPOSITED HIS OWN STOCK IN | personally had $4,500,000, of which he 4 hunaren thousand dole] |relnvested moro chan $3,600,000 in his § era) hundred thousand OWN BANK. lous banks, secured by | various stores, All this vast sum, he n addition, he ts persona Siegel sald that to secure deponitors Sald, had been earned for him by New York Stock Exchange, died nnedetta Boggiano, died July 11,| Mary A. F. Barmer, died i he 1918: | total eetute, net valu moa Vzerteetta Save otal estate, $10,479; net value, | total estate, $29,208; het Jane ES his | re Straus ! award Haight, member of the | Na total estate, $6.43: net value, ‘addition, he 1 ha Sept. | dled ys, ‘bon, sp eaten, Som. ', a 4 ‘| Siegel, Cooper & Co. in Chicago and 108, rk te at MA o the var UA BLO / x Blegel, Cooper & Co, in News York, wath total estate, $63,550; net value, | het rate, i re stocks, bors nC , I. The latter store he later rol’ 8 ridget ied Jan, had given the receivers a, "The value of that stock depe Homon store aia an annual busineas| Me ‘Theresa Enel, dled June 27. tal eatate, deposits, 140; met value, iM5 | of $5,000,000 and employed 1,800 peo- full lst of his personal belongings ex- |on the polvency of the Siegel ores, | Dien The Fourteenth rect. store, Mr. Siegel testified that, roughly, A.” Employing 1,600. people, id a business id you consider you were secur. | of $4,000,000, weve 8 We Sebi, in je by in yor 0. stot aur depositors by stock in Your) Wien annual salon of $7,009,000, while | h Btreet Store was worth inly did. That stock is val-| the Chicago store, with 3,000 em- ” more than ite Habilities uable. I want to go on record as say- | Ployes, handled $10,000,000 ” year, | sxamined by Mr. 1 ling every creditor of the Siegel bank | total business in his four stores’ of | e 7 {will receive dollar for dollar if they | $26,000,000 every year. per- will only give usa little time to reor- | Je to the depositors for | ganize, It will be my life work, I as-| tl in the Siegel bank. He (sure you, to pay all thone debts Se rsonal knowledge of | Siegel stores will bac + nee \Celeage store maken high profits and| ~=——10——10-——10-—— 1 Feb. ‘The Siogel bank, he said, be-| that. We are going to pay all our i ves ‘© loan money to the Siegel stores debts,” sald Mr, Siegel, Authors In Ten Weeks in the Eve- q Immediate after it began busitiess| Blegel admitted that he personaly | ning World. Complete Novel Each P| in 1902, owed the Slegel bank $154,000, bor-| Week. Began Monday, J: “We felt,” maid Siegel, “that assy, rowed to meet his personal enentone. Order from Kewaseale STERN BROTHERS Forty-second and Forty-third Streets, West of Fifth Avenue Announce for To-morrow and Saturday, on the Third Floor, a Sale of . Men’s. Made-to-Measure_ . Silk Lined Sack Suits, at $36.00 From a choice of 384 individual Pieces of fashionable rough or smooth finished Woolens (One Suit only of each pattern), of a quality usually employed in the making of $50.00 to 65.00 Suits. Also Cutaway Walking Coats and Waistcoats of suitable Oxford or Black Cloths, with braid or stitched edge. All full silk lined (including sleeves and waistcoat back), of best quality Taffeta or Silk Serge. Also To-moyow and Saturday, an Extraordinary Offering of Men’s High Grade Overcoats At the following Drastic Price Reductions from Actual Values: Men's $30.00 and 32.50 Overcoats, at $19.50 Men's $35.00 and 37.50 Overcoats, “ 24.50 Men's $40.00 and 50.00 Overcoats, “ 28.00 The collection comprises both London and American-made Overcoats in every desirable style and fabric of the season—from the clean-cut, silk-lined Dress Models to the shaggy warmth-without-weight English Coats. Sale of Men’s Hats | Men’s Correct Footwear At the Sixth Avenue Entrance On ‘the Third Floor . in SI the season's most favored blocks, in | Riding Boots, Date Pumps and high quality Felts, Furs and Velours, | House Slippers, of unusually well at the following price concessions: py pcnee ler na in the highest grade ship. Puibite end, Foh Mats, « $2.50 Particular attention is invited to a special Value $3.50 line of Fur Caps, Value $5.00, at 3.80 _ Placed on sale to-morrow (Eriday) at_less : wet the originat prices. ‘ Boys’ Hats of American manufacture Fee ee ee 700. & $1.00 "Imported Hats . © . at $1.50 ty A limited number of oys’ Ovefcoats sre now being offered POET ek Ss «SABO 35th Btvects, New Pork Men’s Shoes at $5.00 Austrian Made Velour Hats, at 3.45 comprising the latest English lasts, in Value $6.00 all suitable leathers; also conservative Men's and Young Men's Silk Hats, shapes, designed primarily for the com- in the newest shapes, . . at 5.00 | fort of tender feet. ICHIGAN FURNITURE C° MANN AB 2114-32 AVE. J.BAU AT 64ST & SAVE. BET [JB™ BUI" STS Long Time Credit To ‘Every One & WHITE Scotch Whisky Jidge “Black and White” quality, . mot by price, for juality is high and the " ay i OUR TERMS: 3 Down On 150% © Down Ons 1 oe” HB os on 1100. OPEN EVERY EVENING AY BOTH STORES ~ 139 W. 125 ST. BET LENOX & 7 AY. j 4 ‘ROOMS Furn Write for our. WE PAY FREIGHT OUR LIBBRAL formation ‘rearding| AND RAILROAD | iy cies io, Lone is Free «FARE Gonmectiowt © PROMPT PELIFER ES, are or wel ay AUS MEE payers Le ene eae ——) ance ge a te The esas selene was adjourned un- | | sheet not more than twice ajthe Siegel Stores Corporation owns! ‘Ten Great Stories by Ten Great! dames NicCreery & Co. 34th Street 5th Avenue Annual Clearance Sale Of Men’s Youths’ and Boys’ Suits & Overcoats REMARKABLE PRICE REDUCTIONS On Friday and Saturday Fifth Floor SUITS & OVERCOATS | SUITS & OVERCOATS For Men & Youths For Boys 90 Sack Suits,—imade of Fancy Cheviot or Tweed. Size 32 to 40 inch 120 Suits,—double breasted model; made of imported Fabrics in chest. regularly 15.0, 9.75 Fancy Cheviot or ‘Tweed, also Navy 210 Hand Tailored Sack Suits. | Blue Serge or Cheviot. Size 7 to 16 made of Imported Fabrics in checks | _ years. 4.75 and 6.50 or stripes, also plain Gray or Blue: | regularly 9.00 and 12.00 flap or patch pockets. Size 32 to 72 English Norfolk and Single- breasted Suits with two pairs of knickerbocker trousers. Made. of Fancy Cheviot, Tweed or Navy Blue 15.00 and 21.00 42 inch chest. | regularly 22.50 and 30.00 290 Overcoats, —- Chesterfield { Serge. Size8tol7 years. 8.50 model with velvet collar, full silk | regularly 12.50 lined or silk yoke with worsted body; | ; e also single or double breasted model, | Boys’ Winter Overcoats, — with self, notch or convertible col- | double breasted model with convert- lar; with or without belt. Made of ible collar. Made of Imported imported fabrics including English Tweeds or Cheviots. Shetlands, Chinchilla or Tweed. Size Sto 7 years........... 5.00 Size $4 to 44 inch chest. regularly 9.50 ae 15.00, 21.50 and 29.50 = Size 10 to 18 years......... 8.50 regularly 24.50, 30.00 and 40.00 i regularly 12.50 4 BOYS’ FURNISHINGS Boys’ Russian and Sailor Suits, — made of Fancy Cheviot or Tweed. ‘ 20 Dozen fine Flannelette Paja- | Size 3 to 10 ye: 3.75 mas in Blue, Pink or Lavender regularly 5.50 ; Stripes; trimmed with silk frogs. | 290 Washable Russian and Pi Size 4 to 16 years, ~1.00 | Sailor Suits,—Middy, Sailor or Eton. # fegularly 1.50 | collar model, with bloomers or i 70 Tan Rubberized Rain Coats, | _ straight trousers. Made of imported é guaranteed waterproof. Size8to18 . and domestic fabrics, including Gala- } years. regularly 7.50, 5.00, | ‘ea, Chambray and Poplin. Size 3 ; 40 Dozen Rompers,—-made of | te 10 years. regularly 3.95 1.85 - ¢ Madras cloth in stripes or checks. | 4, Size 2to7ycars. regularly 5c, 38c Special Sale t 10 Dozen Plush Hats,—Tyro- | “SOROSIS” N lean or Teddy Model; in Navy, | Brown or Olive Green. 150 | BOOTS & OXFORDS regularly 2.50 \ Men’s....a pair, 3.95 and 4.85 formerly 5.00 to 7.00 Boys’... cc cece eee a pair 2.95 formerly 3.50 and 4.00 90 All Wool Worsted Sweaters, —Button-to-neck or V-neck models. Size 26 to 34 inch chest. 1.95 regularly 2.95 ocemnten annette Lens ret | N CREAT S TOR IES BY TEL) GREAT bra cu soa WEEKS 0N THE =>) EVENING WORLD, 4 Beginning Next Monday & “The Trail. to Yesterday,’* By @. 3 SELTZEL, Author oF “The cone es se svete e tae