WON'T AFFECT STOCK MARKET

The Evening Telegram

Even J. J. Astor is Not a Power in

Financial World

From Our Own Correspondent.

New York, April 16.---The stock exchange is not at all likely to suffer serious disturbance in consequence of the White Star disaster.  Had a large number of very prominent and active financiers been on board, the market might have been manifested a panicky feeling.

John Jacob Astor is on the board of several railroads and financial institutions, but the great bulk of his fortune is in real estate.  He has never been looked upon, however, as an important factor in the stock market.

Related Biographies:

John Jacob Astor

Acknowledgements

Jason D. Tiller

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Copyright © 1996-2019 Encyclopedia Titanica (www.encyclopedia-titanica.org) and third parties (ref: #4578, published 16 May 2005, generated 17th July 2019 08:31:09 AM)
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