New York, the metropolis : its noted business and professional men. . telligence and ca])acity. His word, to use athreadbare expression, is as good as his bond. When Baring Brothers failed, C. M. Whitney & Co.,with whom Mr. Shera was then engaged, suffered withothers, and as he was about to start for Europe to negoti-ate a large transaction in American securities for the firmhe was naturally disappointed when the crash came. Duringhis vacation, however, he closed the sale of four exten-sive blocks of securities to Eurojjean buyers and addedto his already high reputation as a large and successf
New York, the metropolis : its noted business and professional men. . telligence and ca])acity. His word, to use athreadbare expression, is as good as his bond. When Baring Brothers failed, C. M. Whitney & Co.,with whom Mr. Shera was then engaged, suffered withothers, and as he was about to start for Europe to negoti-ate a large transaction in American securities for the firmhe was naturally disappointed when the crash came. Duringhis vacation, however, he closed the sale of four exten-sive blocks of securities to Eurojjean buyers and addedto his already high reputation as a large and successfulnegotiator in finance. On January i, 1892, Mr. Shera, withMr. Frederick F. Ames, organized the banking and broker-age house of Ames & Shera, whii h, in the short space of ayea--, has intrenched itself as solidly in the confidence of thepublic as if it were a < entury old. Mr. Ames represents thefirm in the Stock Exchange and represents it in a veryable manner. It has been prominent on the Exchange inconnection with the Reading coal deal and cordage and. .1. FIJiPCHER SlIKRA. known on Wall Street^ for instance, that a short time agoone of the customers of the firm left with Mr. Shera acertified check for $400,000 without recpiiring even areceipt. This strongly illustrates the value of Shera received an elementary education in the publicschools, and graduated from Packard College at the age ofeighteen. His first business engagement waswitli Young <.V-Rigg, subse([uently changed to Young i\: Morse, bankers andbrokers, and we next find him in charge of the bond depart-ment of C. M. Whitney & Co. During those years hegained more than local fame as an accountant, and was for-tunate enough to discover an error of a million dollars inthe accounts of a large cor])oration which gave him a prestigethat was unitpie on his entrance to Wall Street for one soyoung. In Whitneys he came into touch with all the lead-ing investing cor|)orations, both at home and abroad, with
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