The San Francisco Call. Newspaper, February 26, 1897, Page 14

14 THE SAN FRANCISCO CALL, FRIDAY, FEBRUARY 26, 1897 A COONEY TANGLE STRAIGHTENED 0UT Judge Cook Explains His Charge to the Grand Jury. No Reference to the Printing of the Barry Bianks Intended. Atlorneys for the Fair Es‘ate Ask for a Postponement of the Pencil Deeds Fight. Explanations were an impromptu order in the Cooney case yesterday morning. There had been a garbled version in some of the newspapers of Judge Cook’s recent charge to the grand jurors when he submitted the testimony introauced t the young notary to that body three daysago. One sensational daily had reported that the court had instructed the jury to investigate the circumstances at- tending the printing of fac-similes of the Crocker notarial blanks by -James H. Barry, which were ordered by Mrs. Craven's attorneys with a view to testing the skill of the experts employed by young Fair, ttorney D. M. Delmas asked Judge Cook if there was anything in this manner of eting his instructions to the jury. The Judge made an emphatic denial. Such an idea was farthest from his thoughts he declared, and he admitted the right of the lawyers to print the blanks for the purpose for which they were orderea. Attorney Delmas got the floor urt opened. He said: nination had in this court, | sitting as a committing i the case of J. J. Cooney, certain were introduced in evidence, printed at the request and ne of the counsel in a coilat- In the instructions Grand Jury acouple , some a on was made to the attached to the so-cailed Craven deeds. the | 1es been construed nded as a reflection sel in having had the inted for the purpose expert’s science to the test. 1 11d not conceive that any such con- laced upon the charge of re to be officially in- e court sees proper o > understand or the | tand that such was thatin theevent | d necessary, the matter dnation from t would not be Judge Cook sai t suggested by you, Mr. st from my mind, and I anguage could be 50 con- ent which I made to the were called here, aud, | ve how & construction | placed upon the remarks that 1 had no such thought n addressiug the jurors and d to coLvey no such meaming. it is during t se of the Cooney ex- n sllusions were made in the argu- e of the counsel in the case 10 of the Penal Code, and it is also Delmas, don’t see how & ed in the s Grand Ju was f y object in directing their attention 10 those two sections was that they should ex- | #mine those sections in connection with the two certificates atiached to the two pencil deeds. nerefore, if a certificate of that sort were ¥ made it might be the committing of & under the provisions of that s:ction, was with that view, and that view that I direcied the attention of the Jury to that section; whether they consi r the making of these certifi- ttached to the deeds) brought those aat made them under the provisions ction, or the making of the same cer- might bring the parties under the provisions of section 470, for the crime of forgery. d it alone, Grand us 1 said before, in relation to lar certificates attached to the that Iintended to make any ref- ud I did not refer 10 them in terms; I red the metter to the Grand Jury ght that was all they would under- Certainly, as far s the action of coun- . ed, in the making of similar esr- and filed on the motion to discharge the de- fendent in that case 1 made no allusion to hose certificates or the printing of them by Mr. Barry, or procuring them to be printed by cotiusel, would seem to me. sufficient to indi- cute that I certainly did not consider the vrinting of those blanks us a circumstance 1eading in any way to establish the guilt of the detendaut, or a circumstance which should be considered asatiail out of the regu- lar and ordinary course. v, had I considered it a circum- stance of that sort, having searched the entire record for evidence and circu: ances and enumerating each fact,I wouid have undoubt- ‘edly enumerated that, and, us I said before, the fact that 1did not consider it at all would indicate certainly to the counsel thatlsaw * Rothing in it that was improper. In fact, itis & very common every-day occurrence in cases where experis are examined to prepare for them simulated or manufactured specimens of writing or manufectured specimens of any- thing else upon which they are required to Puss, <0 thist the weight of their opinion as ex- perts may be tested. It isa matter that bas been done repeatediy in cases where identity #s goncerned that a u would be made to appear like n defendant and brought into court to test the accuracy of one claiming 1o identify him. Ithas been donein the most celebrated cases ever tried, and in cases where the identity of property is'in question. I sup- pose case after case could pe found where ex- s upon diamonds have been called upon to PASs &n opinion, paste diamonds having been thade in imitation of the genuine, and putting L them as to their m with the genuine 1ot kuowledge. ."And in handwriting it is done every day. 1; was'done right here in this court last week where differcnt samples of hanawriting were put upon‘paper, and some genuine and some Jinl tations, sor the purpose of testing an ex. pert. Inthe Dama will case I remember it avas doue, and ai50 in the Sharon case; in fact, it i€ always done, and if it is permissible in stich matiers, it Gertainly would be permiss: Dle where experts were expected to testify UpON Printing or upon any other matter; and, @5 1sny, from the evidence that was offered hert in'the Cooney case, I don’t see that there wus anything done at all by counsel in rels- tion o0 the printing of those certificates by Mr. Barry wnich could in any sense or any y be consirued to be & criminal act or which tould by any possibility bring either couxisel or the printer witnin the provision of scction 134 or within the provisions of any other section of the penallaws of this Stat From the evidence that was given on that examination it distinctiy shows that all that was done was admitted 10 have been done by tounsel for & particular purpose. If you will reémember when each of the counsel testified 4n relation to the matter each one of them dis- tinctly stated under oath that they were not phinted with any intent to deceive the court. That was stated, 1 belleve, by every witness who gave any testimouy upon the subject at Whether such statements were made by counsel under oath or uot, whenever counsel pear in this court and the court knows him 40 be a gentleman of the bar,and makes though not under oath a statement that things were done for & certain purpose, stating upon their word as an officer of sis court that they. were not done for a deceiying purpose, that will, suffice and will auswer all claims as far abthis court is concerned. It certainly satisfied me that they were not made for any purpose of deceiving the courtd and it certainly was not my intention to lead the Grand Jury to believe that they were to investigaie any such charge as that. I don’t believe they gave any such consiruction as that to.my language, and if they dia I will with the greatest of pleasure disabuse their minds of any such construction and even if tbey should present an indictment upon facts of that sort it would be a picce of waste paper: Il e 50 construed my langunage. explain the matter to them. Attorney Delmas deciared he was per- fectly satisfied. The illness of W. M. Pierson, who is the leading attorney for the execators, has re- sulted in a relapse, and his partner, R. B. Mitchell, yesterday served notice on the Craven attorneys that he wouold apply in court for a postponement of the trial of the pencil deeds until March 15. The mat- ter will come up this morning before | Judge Slack, and will be opposed by the attorneys for Mrs. Craven, who are anx- ious for trial at once. The Grand Jury will consider the Cooney case to-day. A subpena was is- sued to Stephen Roberts yesterday, asking his attendance with the pencil deeds. BIG CLOTHING SALE. Suggestions of Value by an Expert on the Beuefits of Judicious Advertising. The Baldwin Clotaing Company, a mafamoth establishment located at 924, 926, 928, 930 Market street, which opened up less than a week ago, has established | for itself in this short time a reputation | which might well be envied by many of the more pretentious clothing-houses that have been 1 business in this City for years. | 8. Meyer and M. Hyman, the members | of this up-to-date institution, are gentle- men who have been engaged in the cloth- ing business for the past twenty- five years. The Baldwin Clothing Company enters uron its business career 1n_this City with & gigantic sale below cost of the bankrupt stock of the defunct Rochester Manufac- turing Company, consisting of a complete | line of high-grade clothes, hats and fur- | nishing goods. | This sale, which will continue for sixty | days longer, was inaugurated for the pur- | pose of advertising and firmly establish- [ ing in the business world of San Fran- cisco this valuable addition to the tailor- | ing trade of this City. | In variety of patterns, styles, textures, | and in point of vrice and finish, the equal | of the stock of this gigantic store would | be dufficult to find elsewhere. Ever since | the opening day, which announcement | was made to the public by well-written advertisements of pages and half-pages in Ehio WilailyRnanars thss Shouse s iasioasn)| growing in public favor. | The aavertisements of the Baldwin Clothing Company can be depended upon; they are truthfully written, and woulg, | no doubt, prove profitable to any one to | read and study. “In regard to advertising,” said Mr. Meyer, the senior member of the firm, “I | follow as near as possible Hamlet's ad- vice to the players: ‘Suit the action to the word, and the wora to the action.’ *‘Does advertising pay? Of course ad- vertising pays. Like evervthing eise, it brings the measure of return that it de- | serves. I will show you a store that is bound to succeed if you neat, convincing, trethiul advertisement, | backed up by good merchandise and hon- | es:, not intlated values. | Che motto of our firm is taadvertise | exactly what we have to sell, and it is to | this fact that we owe our success.” | If they did I will Tired of Constant Dread of Death, H: Left for China. Tuesday Evening H: S'arted for Vic- | toria and H: Left There Y sterday. 4 “Big Jim” has taken flight. | He left Tuesday evening for Victoria on | the Oregon express, where he will take | the outbound steamer for China to-day. | His departure was made as secret as pos- | sible and 2 white guard purchased bis | ticket. Before leaving he had his money in cer- | tain banks converted into checks—one for $50,000 and another for $44,000. He caused the story to be circulated that he was simply going to visit a mine in the north- ern part of the State. “Big Jim” began life here as a coolie, engaged in gambling and trading and afterward purchased a great deal of min- ing and farming interests thronghout California. He was an‘intelligent Chinese, kept well informed on the n-ws of the world and was said to be bitterly opposed to the local Chinese feud and a personal friend of “Littie Pete.”” But he was & big See Yup man, and according to the Chinese code the only one whose death would am- ply revenge “Little Pete’s” murder; so he was obliged to flee. 5 g e WILL ASSUME HIS DUTIES. Dr. John Gallagher, the Autopsy Physi- cian of the Morgue, Ready for Work. Dr. John Gallsgher, the newly appointed autopsy physician of the Coroner’s staff, will assume his duties on the first day of March. Dr. Morgan, who has been filling the position temporarily, will take the oftice of chemist. Dr. Gallagher is a well-known young doctor who graduated from St. Ignating College and later from the Toland Medical College. - He served two years asan in terne at the City and County Hospital, and is looked upon as a skilled physician. ———— JEWELRY store, 5-7 Third, Kearny. remioved to 503 Large stock of diamonds, watches, etc. Dr. Rottanzi a ler Have a Passage- at-Arms. AND THE CHAIRMAN INTERFERES. WATER INQUIRY WAXES WARMER nd Mr. Schuss- The Water Committee Delegated to Make an Examination of the Company’s Books and Report Later---Sec- retary Ames Gives Evidence. The water rales investieation was con- tinued by the Board of Supervisors in committee of the whole last night and proved intensely interesting and dra- matic throughout. Chief Engineer Schussier and Dr. Rot- tanz1 were the principal actors during the | earlier portion of the proceedings, though Mayor Phelan resumed the thread of cross-examination somewhat later. Supervisor Britt took the chair at 8 o'clock, in the temporary absence of the Mayor, and immediately afterward re- signed it to Dr. Dodge, on the board resolv- ingitself into committee of the whole. Dr. Clinton, the usual chairman, was not present. “What,” asked the chairman, “is the pleasure of the committee ?” “I move that Mr. Shussler take the stand again,” caid Dr. Rottanzi. “I move,” remarked Supervisor Delany, interruption, until he gets through.”” “Is there any seconder to the motion,” asked the chairman. “1 will do so to expedite matters,” said Supervisor Haskins. Dr. Rottanzi rose with a warning finger uplifted. “I would like to know,” said he, “the object of this motion. I have desire that I should be cut off from doing so. I deem it of greatimportance thal the board should be acquainted with the true facts of the case. If he is afraid to answer them I do not see why I should be deterred from asking them.” “This is to merely facilitate business,” seid Delany, “and as soon as Mr. Schuss- ler is through we have no objection to your asking questions.” “Is it your object,” asked the chair, “‘to prevent any interruption while he is mak- inga statement in answer to a question or to allow him to continue without being questioned?” Delany was understood to say that the latier was his proposal, while Haskins leaned to the former interpretation. “Well, that's all we desire,” obseryed Rottanzi. Supervisor Smith movea that the motion be laid on the table, but the committee declined to take such action by a vote of 6 to 5, Devany, Delany, Dodge, Morton, Britt and Rivers voting in the negative, Clinton being absent. The committee tacitly accepted the original motion. Mr. Schussler said he would suggest to Dr. Rottanzi the propriety of refraining from the statement that he (Schussler) had failed to answer any questions. *1 prefer,” be continued, “not to have him make the siur that I try to evade questions. Isimply tell you thecold facts, and that is all you will get from me. If you will be pleased to be more carefal with your statements after this—" “I will refer you to thereporter’s notes,” cried Rottanzi. “Those are sufficient for me.” The chairman—Please come to order, zentlemen. As it is a rule for members not to address each other by name, I would suzgest to the witness that he do the ssme. “It was not my desire to say anything,” protested Rottanzi, “but when I am told that Ido not understand the question I wish to say that I bave studied it as thor- oughly as any member of the board, and comprehend it probably too well to suit some people.” “I wish to tell Dr. Rotta ' said Mr. Schussler, warmly, “when he talks to me not to shake his hands at me.” DOUGLASS Hall, Ban Mateo, and sound. The boy disappeared Tuesday morning terday’s CALL, and until news w kept busy in a search for him. straits, being unable to eat or sleep at all u; boy was safe arrived yesterd 1 don’t believe, Mr. Delmas, that it wil necessary for you or any one else to ask for 8 hearing before the Grand Jury on that matter st all unless youare advised by them that they ‘Why h that the notion struck him and he went. TALBOT. : After causing his mother great mental anguish and the police a zreat deal of trouble by his disappearance, 12-year-old Douglass Talbot has been found at last, The boy simply ran away to_join his elder brother, who is attending school at Matthew and yesterday the latter wired that the youngster was there, safe under circamstances fully related in yes- a: received of his whereabouts Detective Cody was No clews were obtained and his mother was in sore ntil the news from her eldest son that the should have chosen to run away when he conld have gone to see his brother at any time upon a simvle request is a mystery. He explains it as simply ‘‘Please come to order, gentlemen,’’ ob- served the chairman, soothingly. “This is really farcical.” Mr. Schussler (turning to Dr. Rottanzi)— On what subject do you wish me to ad- dress you? Dr. Rottanzi—I believe during the last meeting you stated in answer to a ques- tion that the City was really the gainer by the company having purchased the property on Stockton and Geary streets. I said,” replied the witness, *‘that it was a good business investment, and that increasing business necessitated larger offices.”” Dr. Rottanzi—What were the profits of the company on that investment? “They only geta certain amount of rent out of that building, and in addition they can charge themselves with a reasonable rate for that portion which they will oc- | cupy themselves. With the two together will show me a | “that he be allowed to continue, without | they will have an investment of 5 per cent or over.” | Dr. Rottanzi—What have been their | profits since the property was acquired? | “They have been a good rental since the | Wigwam building was turned over to | them. They have received the rent for that while it was occupied.” Dr. Rottanzi—Do you consider the in- 1] | [} BIG JlM S | | several questions to ask him &nd I do not | crease of value as profit? “I think that should propeily be with profit.”” Dr. Rottanzi—You also stated that it was worth $300,060 to-day ? “That,’* replied the witness, “‘was what I had been told.” “In other words,” said Rottanzi, “‘they made a profit of $180,000.” “*As soon as they havesold it and de- ducted the profits they will know. I con- sider it was a prudent investment, amounting to $120.000 purchase price. Whatever the lot has improved in value since that is the increase in the value of the property. It compensates them for such = rate of interest as they have not received on the inyestment from the be- ginning.” “I wish,”” the witness added, ‘“you would talk a little more respectfully to me. “Iam willing to answer any gentle- man’s questions.” “Iam as much a gentleman as any- body,” shouted Dr. Rottanzi, angrily. | *If you donos,” said the witness calmly, “I shall refuse to answer you. Ido not | propose to be interrupted. Let me go on with my answer. Now ask me questions.” “Do you consider.”” resumea Rottanzi, “the difference of $180,000 as a profit?'’ “I know nothing about $180,000. The property has not yet been soid.” Supervisor Britt rose wearily. ‘“At the beginning,’ said he, “it was understood that Mr. Schussler was to have an oppor- tunity to finish his answers. [ do not think he is on trial here, nor has he com- mitted any crime. Ihold that he is en- titled to and should be accorded the same privilege as we would receive.” “That,” observed Delany, “‘was my in- tention in offering that motion.” “I should like to know what we are | here for,”” said Supervisor Smith. *“We are here, I take it, to investigate, and we can- not do so in any other way than by ask- ing questions.’’ Dr. Rottanzi put another question, but Mr. Schussler coldly requesied him to address himself to the reporter, as he (Mr. Schussler) would not longer reply to him personally. This was too much for Dr. Rottanzi. I say.” he cried, shaking an admonitary forefinger, *‘that this board shall demand tbat be answer such questions as Iask him. Haye you calculated the amount of interest received from the water-rate pay- ers and the taxpayers upon the invest- ment of $120,000 by the company in that piece of realty?” “What rate of interest has been re- ceived from water-rate payers and taxpav- ers?”’ queried Mr. Echussier. Here the reporter read the question. *‘‘Well” re- plied the witness, “I don't know of any water-rate payers or,taxpayers haying paid interest on that investment.” “Then,’”” said Rottanzi, “you wish to imply that that was never counted in the list of properties upon which we base water rates?”’ “I never said that. You asked me whether I bad ever calculated the rate of interest we Lad received from the wate rate payers and taxpayers cn that invest- ment of $120,000 for that property.” *“In other words,” resumed Rottanzi, ““I want to know the smount you have re- ceived from the community at lar.e pay- ing for water, upon the investment of $120,000 by the water company in that particular piece of property. It amounts to-day to $155,000. That plus the actual increase in the value of the propertv would make it in the neighborhood of $275,000, and that does not include the orginal price, taxes and interest on taxes. I wish 10 show t! the wisdom of the company in charging interest in the shape of water | rates has not done justice to the com- munity, and that the company really owes the commun:ny a large sum of money.” Britt did not think Dr. Rottanzi was called upon to explain the question. They wanted to_hear Mr. Schussler and could attend to Dr. Rottanzi later. The chairman agreed with Britt and suggested that Rottanzi's arguments might be considered when the boara struck the rate. Rottanzi then fired the following ques- tions at the witness: ““When were the water lots in Sausalito | acquirea?” : “I do not know.” “Was it previous to 18602" “I have noidea.” *Whno has an idea?” “I subrose our secretary. I believe I stated before that I am the engineer of the company and am ready to answer ques- tions pertaining to my deparument. Iam not a real estate expert or bookkeeper. “What is the total daily supply from Pilarcitos, San Andreas and Crystal Springs?? “It varies every day. We can count on 18,000,000 gallons daily from those three sources.” “What is the extent of those water- sheds?"” “In the neighborhood of thirty-seven square miles or a little over. Between thirty-seven and thirty-nine ,square miles.” “And you say the supply is 18,000,000 gallons 2" “No. I say that the amountot water drawn from those three reservoirs yearin and year out for the last six or eight years nas been in the neighborhood of 18,000,000 gallons daily.” Dr. Rottanzi then inquired about the yield of the rainfall and was informed that this varied a great deal. Each por- tion of the watershed had a different rain- fall. If Dr. Rottanzi wanted to know the average fall for the last five years at Pilarcitos, he could figure it out. Rot- tanzi desired to know the average calcu- lated in the ageregate for say thirty years at Crystal Springs. Mr. Schussler replied that no record had been kept for so long. The dam was only commenced in 18 The calculation was very complicated. “I notice,” said Rottanzi, ‘‘that you have the comparative rainfall from Pilar- citos and San Andreas, but not from Crystal Springs.’” “That is only approximate. In the year 1889-90 we had a very heavy rainfall— so unusually heavy as to be nearly as large as that of 1861-62, when the Sacra- mento Valley was flooded. If you add 1889 90 to 1890-91 you derive much too high ap average, because these heavy falls only occur in twenty or thirty years. For that reason, it I figure the average rain- fall in the watershed I figure on the ordi- nary and not the unusual years. Tell me what document you have there.” “Ob,” replied Rottanzi, “I have your document.” “What year was it written In?’ “June 16, 1875."" ““Well, in 1875 I could not telt what the year 1885 would bring.” This conversation continued some little time longer, Mr. Schussler explaining the vrinciple of rain absorption and evanora- tion. in some years, he pointed out, a larger proportion reached the reservoirs than in others, the difference varving all the way from 9-10 of 1 per cent to 27 per cent. “I would make a suggestion,” said Mr. Schussler. *“If you want to get at the running expenses it will take a great deal of time. Our secretary is here to give such explanations as full outside my de- partment. I handed Dr. Clinton list some weeks ago of the running expenses under thirty-one headings. If you want those headings explained I can go ahead with them.” Dr. Rottanzi asked his estimate of the value of the Calaveras watershed to-day. *1 told you before,” rejlied Mr. Schuss- ler, “that I am not alond expert. I think 1t is worth a great deal of money. I would not dare to say how much because we would probably get our taxes raised in Alameda Ccounty. It is one of the best purchases, including all of the Alameda Creek and its water rights, that we ever msde.” Do you realize,” asked Rottanzi, “the amount of taxes paid by San Francisco on that purchase of your company ?” The witness urged in reply the import- ance of the purchase. ““You cannot realize it,”” he said, “until you see how much water can be drawn from it and the way in which it has saved the City from the consequences of drought. We have now in our reservoirs a certain amount on hand. If it had not been for our pumping from these vasious ontside sources to the extent we did we would not now have so much water in our reservoirs. Ifthe Ala- meda water had not been pumped it would have run to waste in the bay.” That source, he said, could now be drawn from to the extent of 13,716,000,000 gallons altogether. He further discussed the exorbitant prices exacted for land, calculating that in one instance as much as $4 and $5 had been paid per front foot. “You do not admit, then, that you have a possible supply of nearly 50,000,0002" Mr. Schussler replied in the negative. It had been proved, he said, that the sources of supply contained in these water rights were more incomplete than the sources acquired at Alameda Creek, and it was, therefore, decided that the taking of water from the latter was & necessity. “You need not shake your head,” he ob- served to Dr. Rottanzi; “that is a fact.” “You formerly paid me the compliment of saying that I wasan expert calculator,” rejoined Rottanzi, smilinely, *but I see that I am not in it with you. I see why you are employed by the company.” Mr. Schussler, resuming his testimony without further questioning, said that when the company was organized it was merely required by lew to supply the citizens with water, nothing whatever be- ing said about pressure. If the water were delivered at the level of the sidewalk they would be withn the limit of the law. The luxury of a high pressure was the item involving so much of the expense, necessitating asit did four or five pumping stations. He claimed credit for the company on the score of the care bes towed upon pipe con- struction and the subsequent renewal of the streets ana sidewalks. Capital, he continued, was the most cowardly thing m the world and would not move unless it could geta safe rate of interest. Mr. Schussler proceeded to argue at some length that any reduction of interest by the board on the companY's shares, to say 5 per cent, would only hurt the investor. “The City and the ratepayer,’’ he said, “'have to pay the same whether you put it at6, 5 or 4 per cent.” “You refer now,” said the Mayor,” to the monry you will have to raise to pay for new construction ?* “No, sir. I made a hypothetical case. Say in the case of the Crystal Springs reservoir.”’ “That’s ancient history,” retorted the Mayor. **We will require $300,000 or $400.000 for new cons'ruction this year. 1 wanted to illustrate that you do not make the City the gainer or the ratepayer by reduciny the rate of interest. I think vou are fully convinced yourself.” *“No,” replied the Mayor, “I am not.” “Then,” rejoined the witness, “1 am sorry.” “You claim,” resumed the Mayor, *‘that if 5 per cent wereallowed upon the money you required you would have to sell at 80. For the purpose of new construction you borrow in the open market. What rate of interest do you pay on your floating debt?"” “I don’t know.” “Don’t you know that you have never NEW 70-DAY—DRY GOODS. ooooo COCEOO® @ 0000000 5100000 (O RSTITIN s W g, H 1, M 111, R LIS Correct style and novel folks. styles and novelty. The Hale’s. are sought by fashionable Hale’s have correct fore, fashionable folks seek {00 000000I00000000I00] 0000000 0000 Ity re= our counters. DERBY CHECKS, large checks, very new and natty, 32 inches wide, In_greens, biues and browns. Hale’s price... 25° Yard SALVADORE CHECKS, Jarge checks, very would make a natty walking suit, heavy all 40° Yard wool and a price ard wide. Hale's PRINCESS CHECKS, a hard: finished 44-inch imported no: ¥, a stylish patiern, in lar) checks for teilor-made suit Hale's price BASKET WEAVE CHEVIO’ *97 novelty, an Eastera fad, soft, Leavy. desirable. 46 lnchies /750 wide, 7 new color combinations. \'Od ar 75° Yard Hale’s price. NEW DRESS GOODS! & Large checks will be popular for Skirts. See them at i SNOWFLAKE CLOTH, a decided i 1ad in the East, big white snow- N fiake splashes soattered over o 1.00 { mixed ground, a 50-inch favric. 1 \] Hale’s price. . «- Yam |f ROYAL CHEVIOT, rich, nove tasty, a 86-nch’ cloth, in new colorings; sure to be popu- lar. Hale's price 40° Yard A BIG SILK SPECIAL—Moire Velour Silk for skirts. black. inches wid», the greatest value in the city.’ Keductions abso- lute— Regular price 75c. Regular price 31 Regular price §2. 1 5 vard The merchants in New York are sel | more Mofre Velour than any other silk. | style has not reached Ca:ifornia. 0c yard 5S¢ yard #1. None sold after 6 P. M. CRINKLED SEERSUCKERS. 27- inch, medium and light coiors. FC Yard fine for children’s dresses, To- day e 7 (Notover 15 yards to a customer.) 9° St Box e to & customer.) Toaay as a trade- (Not over DRESS SHIELDS, seamless stock- q¢ inet Shieids, No. grade. Special to-d Each (For summer dress-s.) 937-945 Market St. RANCISCO. OoSoRead] SPECIALS! / </ | (INCORPORATED) to-night. Come early, BLACK COTTON seamless, high-spiiced heel, doublr sole, double toe, all sizes, a surprise for you. To- day only at.. . NOVELTY DRESS GGODS, all dark colors, & mixed lot, 44 inches wide, was 75c. Your Ppick untll 6 P. M. to-day at.. NOVELTY DRE: GOODS, our o peciar a0 5O dark colors. To-day ouly for... Yard o (e e [/ {/a (INCORPORATED] |987-945 Market St., ' SAN FRAN paid 6 per cent and that it has averaged 4 and 414 per cent?” I know nothing sbout the rate of in- terest paid by the company on a note. A note of the company is entirely different from the issuance of stock, and is secured by the good name and credit of the com- pany. If they borrow money at 2 per cent I don’t blame them. But that cuts no figure here. If you make a sweeping re- duction on all the shares I maintain that it wil4 reduce their selling value, and I know from my own observation that peo- ple 1n the East ana Europe do not want them. They want our bonds. Those bonds are at par because they are secured by all the property of the company. But the shares are subject to the whim of every new board that comes in.” “You don’t mean to say,” said the 5 per cent more money will have to be raised from the ratepayers of the City? If we in our judgment fixed the rate at 5 per cent on your stock that you would re- quire to raise more morey from the rate- payers?” “I say that if the rates were reduced to 5 per cent then we would have to sell more shares. I want toset him right,” added Mr. Schussler, addressing the board apolo- getically, “because he is a young man. [Laugnter.] If a certain amount of money is required for purposes of construction or purchase, etc., and we have to raise it by selling stock we will get much less for our shares at 5 per cent interest than at 6 per cent and we will have tosell a great many more shares at 5 per cent than at 6 per cent in order to obtain a given sum of money.” Pellam W. Ames, the secretary of the company, was then cailed to the stand to give figures on the bonds and stocks of the company. He stated that there were $9,975,000 in bonds outstanding, $5,000,000 bearing 4 per cent interest and the rest 6 per cent. He stated that the company issued these bonds to pay a floating indebtedness on which it paid 534 to 6 per cent interest. Mr. Ames stated that the company held stocks amounting to$3,200,000 which could be sold to cancel indebte.iness, such as the cost of constructing the new building on Stockton and Geary streets. Mayor Phelan. then went on to the question of the expense account of the | company and asked the amount of com- | pensation received by the directors of the | company. Attorney Keliogg for the cor- | poration objected to the question on the ground that 1t would be detrimental to the discipline of the company. Mayor Phelan said that he desired to | find ou: whether the salaries paid were greater than those paid to the cflicers of other corporations of the kind, so that it might be judged whether or not the affairs of the company were economically con- | ducted. i Supervisor Smith moved that the sala- ries account be accepted as being correct, and that the company be not compelled to make public such figures as wouid be detrimental to its interests. | Mayor Phelan obj:cted to, any drawing back by the board from the position it had taken in the matter, and asked that the secretary be compelled to answer the questions. Attorney Kellogg accused the Mayor of curiosity in the questions he asked, and stated that the City was concerned only in the question as to whether the works were conducted economically in the aggregate. It made no difference, he said, how much any one employe received. He respect- fully insisted that the questions be not pressed. Engineer Schussler produced figres to show that the running expenses had been reduced year by year from 1888 tothe present time, though the business of the company had largely been increased. Mayor Phelan stated that there was an apparent subterfuge in the statement of the company regarding the salaries of its officials inasmuch as the total of the iemuneration of seventeen officials was Mayor, “thatif the interest is reduced to | |as | directors, making up the total, only re- ceived, as he understood, $40 per month each. The circumstance showed that the average of eleven of the officials | must be very high, and he wanted to | know how it was divided, whether the salaries were higher than they should be, Supervisor Smith’s motion wasamended by Supervisor Delany to provide that the company be required to farnish the infor- mation to the board in executive session. Both motion and amendment were lost, and Mayor Phelan asked the salary re- ceived by the president of the company. Attorney Kellogg instructed the secre- tary not to answer, on the grouna that it would endanger the interests of the com- pany. He said, however, that the board could send & committee to see the books, and that it would be given free access to | them, provided the members would give their words not to make public what they saw. Mayor Phelan said he was familiar with what was in the books, but wanted the figures given as testimony so that it would go on the record. A motion by Britt to reconsider was lost and a motion by Haskins that a com- mittee of five be appointed to 2o into the company’s books was carried by a vote of 9 to 2, Sheehan and Rottanzi votingin the negative. Chairman Dodge placed the matter in the hands of the Water Committee. Supervisor Rottanzi wanted meetings held every day so that the matter couid be closed up by the end of the month, but others objected and when the doctor tried to 1nsist he was hooted by the other Supervisors. The committee adjourned until next Monday evening. Grady Mayhem Case. The case of Attorney W. D. Grady, charged with biting off the ear of James Schaefer, & waiter in the Orpheum, was called in Judge Joachimsen’s court again yesterday afternoon. Grady asked for_another continuance, as he had been compelled at the last moment (o sub- stitute ex-Judge Levy as his attorney instead of W. W. Foote. Attorzey Ackerman, for the prosécution, said he had no objections 1o & reasonable continuance, and the Judge said be would set a time for peremptorily hearing the case to-morrow morning. e THEY are peers in their profession—binding or printing. The Mysell-Rollins Co., Clay.” o Divorced for ¢ruelty. Mrs. Grace Hamilton has been granted a ai- e from Walter J. Hamilton on the ground FPtrnelry. She has been granted the custody of the minor chila. XEW TO-DAT: If your grocer advises you to Jrophy Baking Powder it shows that he wants to keep your trade. given as over $64,000 per year, while six [ ] Tillmann & Bendel, Mfrg \