The San Francisco Call. Newspaper, July 3, 1904, Page 26

26 THE SAN FRANCISCO CALL, SUNDAY, JULY 3, 1004, NONEY MARKET DISPLATS LIFE Gain Estimated by Bankers Falls Far Below the Real Increase in Cash Returns RESERVE FUNDS EXPAND Growth of Business Is Due in Part to Withdrawal of Funds for Panama Canal SR LT W YORK, July 2.—The Financier week says: The striking feature of the pfficial | tatement of the New York Associated last week was its failure fully reflect the gain in cash, which was timated on the basis of the traceable nts of money during the week, timates indicating an increase of while the gain as shown by WANTS COURT 10 INTERFERE Wireless Telegraph Com- | pany Sues for Accounting | ASKS FOR A RECEIVER |Says Affairs of Concem Have Been Mismanaged by the Board of Directors NEW YORK, July 2.—Henry Gard- | ner, stockholder in the Marconi Wire- less Telegraph Company of Amé‘ri(‘n,‘ has begun a suit in the Supreme Court | against that corporation and its di-| rectors, in which he demands an ac- counting as to the affairs of the com- *pany; an injunction restraining the directors from making and disposing | of its assets, or from interfering ln‘ ENDS THE DAYS OF BIG TRUST Stockholder of the Marconi|Final Decree Ordering -Sale of TUnited States Ship- building Company Signed PRICE OF SHARES FIXED Judge Names Minimum Sum Receiver Shall Accept for Interest of Corporations TRENTON, N, J., July 2.—Judge Lanning signed a final decree in the | United States Circuit Court to-day or- dering a sal® of the United States Shipbuilding Cempany in the fore- closure proceedings instituted by the Mercantile “Trust Company and the New York Seeurity and Trust Com- pany on the #wo mortgages held by | Illinois State prisons which is in di- | them for $16,000,000 and $10,000,000 | rect competition with free labor. The LAW RENDERS [STORM'S PATH | CONVICTS IDLE| SCENE OF RUIN Injunction Adds to Effective- | Reports Following - Cloud- | ness of Illinois Act Pre-| burst in Utah Greatly Un- venting Work in Prison! derestimate Damage Done ALL TOIL PROHIBITED|ROADBEDS WASHED OUT Hundreds of Cellars Filled With Water and Streetcar Traftic Prevented by Mud —— SALT LAKE CITY, July 2.—Dam- age by last night’s cloudburst iny,Dry Creek Canyon and the remarkable electric storm accompanying proves considerably heavier than at first re- ported. The cloudburst apparently occurred close to the top of the Wah- satch range, dividing City and Dry Creek canyons, and a wall of water from six to ten feet deep tore for Criminals Cannot Even Be Employed at Tasks for Benefit of the State e Special Dispatch to The Call. - CHICAGO, July 2.—Prison reform- ers and alienists as well as peace offi- cers throughout the country are watching with interest for the results following an injunetion prohibiting, temporarily at least, all work in the respectively. Accompanying the decree | State law preventing prison contract he filed an order dismissing the appeal | labor became effective yesterday, but It makes miles down the latter canyon. Com- ing out on the open bench lands any way with its manegement; the | {appointment of a receiver for the ¢ Children need cereal food. was only $71,300. Con- however, that the of Mrs. Ida E. Wood of ‘New York, | bone and muscle. sidering the fact, company, and for such other relief as,| { on top of that has been placed an In- | northeast of the city, it rapidly less- ash made & mew high record, the { 1y oure may deem he is entitled to.| Who asked to be admitted as a party | junction issued by Judge Humphrey | ened in depth, but was still two feet - s r gain in this item, compared| p. company was incorporated un- | defendant that she might attack the|of the Federal court at Springfleld |in gepth when it struck North Brig- q But they need a cereal food that con- the estimate, is not important. der the laws of New Jersey with a| repancy of $7,514,500 between capital of $6,650,000, and it is alleged | and the estimated g2inlpy th. company that of this amount e been due to specially 155y 100,000 of stock has been issued | one of the banks. | .4 i5 outstanding. = were, as was expected, increased. | qppe plaintift alleges that the de- he expansion of $5,128,300 In this | gongants caused to be issued on March ) es the total to within 33897~ | 5y 1agt o statement or balance sheet, | f the highest on record. which set forth that on June 1, 2904, | crease last week was most like- | ypo company was the owner of cer- | vans of funds early in the |ioin rights, privileges and contracts week which hed been deposited Pre- |,¢ the alleged value of $5,318,494, | parat to the disbursement of July | ywpish together with other items, | interes 4 dividends, and also 10 6¥YB- | 40 an equalization between the as- | ickte borrowings. The deposits WeTe|gets ang liabilities. He alleges that | by $8,674,700, or $743,400 great- | tne patent rights and patents and con- | the sum of the expansion IN |iracts referred to in the finanacial the gain in cash, therefore|giatement were not worth on January | stat t was technigally out of |1 ja5¢ anything like the sum of | proof. The required reserve was in-|gsg1g 494, and that the capital stock creased $2,418,675, deducting from which | o1 cash given in payment of those the gain in cash left $2,347,375 as the|, ;o0 natents and contracts was man- | rease in surplus reserve to $36,105,- | ;; 1ateq by E. Rollins Morse, one of Computed upon the basis of de-| yo gefendants, who Gardner says he s less those of 323,246,600 Public |y.jieves had been the chief promoter the surplus was $41,916,650. Cir-| .3 Grancial engineer of the company. n was increased $238, Gardner asserts that the directors in this item of 332 |of the corporation have mismanaged its affairs and wasted its assets. He asks that they be removed from of- |fice and replaced by other directors. | The accounting is especially asked | for as to the sale of all stock. | ————— GOTHAM GAMBLING HOUSE IS RAIDED BY THE POLICE a gain May 14 may be noted that the public de- po have been reduced $32,976,100 since the end of April, chiefly the result of the surrenders of those funds which specially held on the Panama canal acco and of subsequent with- drawals In response to treasury calls. The daily average of bank clearings | for the week was $205,000,000, against $176,000,000 in the previous week. This | increase pa reflects operations iIn| were Officers Secure Entrance by Choking and Gagging Doorkeeper, Mak- ing Use of His Keys. payments of half year-| oo o < . | o ¥ | 2 V. YORK, July After choking 4 Sividend payments fne|the doorkeever into submission and usiness. wees 3298015 857, oo | taking his keys, a police captain and Tably above the dally swerage, |ihree detectives have accomplished an e ’lh:! seven | Unusual raid on a gambling-house in| v - | West Thirty-fourth street. Three at- banks gained $6,300,000 net, eight banks | - p—" tendar 3 v cap- 2 cash by $400,000 met and the‘\,:,';f;“’ and four players were cap | The house had been under police‘ n in the case of at least one | quite nt. e Sppecyen guard several weeks. Finally the cap- | T | tain moved his guard from view and| the proprietors were reassured. Taking | connection w bank wa TWO WOMEN BADLY HURT IN AUTOMOBILE ACCIDENT | three trusted men, the captain rang the | | basement doorbell and was answered Machine Crashes Into Motor ?l'lln | by a negro door man. He was seized and Occupants Are Hurled Head- |and throttled, while a gag was slipped long to Pavement. into his mouth and handcuffs slapped NEW YORK, July 2—Two women | oVer his wrists. Then, with keys taken 2 man, occupants of an automobile{ from the prisoner’s pockets, the police h crashed into a Brighton Be;ch*(are!uuy opened three steel doors and at Ocean Parkway early |made their way to the upper floors. | The women| So quietly had the work been done| that the raiders stood in the darkened hall several minutes and watched the games in operation. Then the officers train into which the machine |'stepped into the brilliantly lighted | crashed was filled yith passengers | rooms and placed every one there un- bound home from Coney Island. The |der arrest. The raid was the most suc- | d became greatly excited and the | cessful here in some time. as nearly emptied of its load in | —_—— minutes. The members of the ROBBERS SHOOT AND KILL automobile party were thrown headling | BRAVE POLICE SERGEANT the hard surface of the boulévard. | — | Both women sustained fractured skulls, Thugs Hold Up Gambling Resort and | and at the hospital to which they were | When Confronted by Officer | ly carried it was feared they would | Fire Fatal Shot. | not recover. Schoteel, who was hand-| BILLINGS, Mont.; July 2.—Sergeant ling the automobile, was not seriously | of Police Robert J. Hanna was instant- | | Iy killed by two hold-ups this morning | | while he was attempting to capture | { them. Sheriff George Hubbard was| | shot through the hand. The shooting | | followed the hold-up of the Qwl saloon | and gambling reseort at about 1 o'clock, | when about twelve men were compelled | | to throw up their hands. The robbers re badly hurt. red: Edward Schoteel, Trefie | d Laura O'Donnell. . BUSINESSS OF SUB-TREASURY INCREASED BY THE WAR Large Sum Transferred From San Francisco Due to Japanese Im- ports of Gold. | Government of its intention to pro- | on the work. NEW TYORK, July 2.—Telegraph transfers from San Francisco to the local Sub-Treasury to-day aggregated | $2,178,000. Mauch, if not all, of this is believed to represent Japanese imports | of gold to the Pacific Coast. ——— Tonopah Becomes Official Name. TONOPAH, Nev., July 2.—Tonopah has become the official name of But- ler, Nev. Some time since the Post- office Department at Washington was petitioned to make the change, as the town was known throughout the country as Tonopah. Considerable trouble was caused in the handling of mail through the town's having an unknown official name and a well known unofficfal one. | contented themselves with taking all of | the cash in sight on the tables, amount- | | ing to about $2000. A gambler in the rear | of the saloon, hearing the command of the robbers, slipped out through a rear | door and notified the police. | One of the robbers’ &ccomplices was captured, and posses are now in pur- suit of the two escaped robbers. ————— Lieutenant Commander Carter Retired WASHINGTON, July 1.—The Presi- dent yesterday signed an order plac- ing Lieutenant Cammander Fidelo S. Carter on the retired list. Lieutenant| Commander Carter when recently ex- | amined for promotion was pronounced | physically, morally and professionally disqualified. The moral disqualifica- tions were disproved. ADVERTISEMENTS. Free X-Ray Examination : Treatment | L SR e v !—!#'muunam THE ELECTRO-CHEMIC INSTITUTE, All persons call- ing at Electro- Chemic Institute will be given a free X-Ray examination and diagnosis. A truthful and sincere opinion will - be given in all cases. Curable diseases will be given a free treatment. No in- curable cases will be undertaken. Call at once. Absolutely no charge, 118 GRANT AVE, validity of the mortgages with a view | of entering a preference claim over the | rights of the other bondholders. She | holds $200,000 of bonds for which she | paid $195,000. The total amount due | on the mortgage held by the Mercan- | tile Trust Company as trustee for the | bondholders is $16,153,162. On that | of the New York Security and Trust Company $10,706,943 is due. In the decree Judge Lanning also| fixes the minimum amount which the | receiver is authorized to accept for the | properties of the \underlying com- | panies in the trust. These amounts are as follows: Three hundred thousand shares of | the Bethlehem Steel Company, $7,500,- | 000; Union Iron Works, California, | $1,400,000; Hyde Windlass Company, | Maine, $125,000; Bath Iron Works, | Limited, Maine, $300,000; Crescent | Ship; rd Company, New Jersey, $125,- | 000; Samuel L. Moore & Sons Company, I New Jersey, $175,000; Eastern Shlp-}. building Company, Connecticut, $125,- | 000; Harlan & Hollingsworth Com- | pany, Delaware, $550,000; Canda| Manufacturing Company, $200,000; | patent rights, good will, book accounts and contracts, $50,000; mortgaged | personal property of the Bath Iron | Works, $40,000; Crescent Shipyard | Company, $75,000; Samuel L. Moore | & Sons Company, $30,000; Eastern | Shipbuilding Company, $20,000; Har- | lan & Hollingsworth Company, $135.- | 000. The 'shipbuilding company is or- dered the decree to turn over the total amount due on the two morigages within ten days, in default of which the receiver is authorized to advertise and proceed with the sale. —_———————— GOVERNMENT PREPARES TO CONSTRUCT CANAL Notifies Railroad to Remove Tracks ¥rom District Throngh Which Water Will Be Directed. HELENA, Mont., July 2.—The Great Northern Railway Company has been notified by the United States ceed as soon as {pe necessary prelim- inaries shall have been arranged with the canstruction of the Milk River canal Arrigation project and is now preparing to move its tracks from land that will be submerged by the Government reservoirs. The Milk Riv- er project is the largest undertaken by the Government. It is estimated that it will result in the reclamation of 150,000 acres of arid land. The project provides for the con- struction of a canal 100 miles in length tapping St. Marys Lake and the Milk River in the northern part of Montana and the filling of reservoirs from which circulating waters will be drawn. It is figured by engineers that it will require two years of steady flow to fill the reservoir planned by the Government. The flow of water will submerge about twenty miles of the present right of way of the Great Northern to a depth of about twenty- two feet. Congress at its recent ses- sion appropriated $5,500,000 to carry —_———— NEGRO KILLED AND WHITE MAN WOUNDED IN FIGHT Colored Men Attack Soldier in the Streets of Cheyenne and Bloody Battle Ensues, CHEYENNE, Wyo., July 2.—Wil- liam Carpenter, colored, was killed and Walter Jones of Company E, Eleventh Infantry, was shot through the abdomen in a fight in West Chey- enne early to-day. Ten or twelve negroes were beating Charles C. Lands, a soldier, and his cries attracted other soldiers to the scene. The shooting followed. It is supposed that Car- penter fired the shot which wounded Jones and that the latter shot Car- penter. Many negroes and soldiers were arrested. Jones is in a critical condition. ——————— BETWEEN DRUNKEN MEN ENDS IN A MURDER Victim Is Known to Have Had Consid- erable Money on His Person, but ; Is Is Now Missing. YUMA, Ariz., July 2.—A murder occurred within two miles of this city to-day. Eugene Tourtellotte emptied the contents of a double-barreled shotgun into the 'body of Pat Devine after breaking a rifle on his head, The trouble occurred during a discussion as to which was the better shot. Both had been drinking. They are well known all over the Territory. De- vine had considerable money on his person and it is now missing. ———— CONSUMPTIVES' HOSPITAL NOW READY FOR PATIENTS Fitting Exercises Mark the Open- ing of the Agnes Memorial Sani- tarium at Denver. DENVER, Colo., July 2.—The Agnes Memorial Sanitarium, dedicated to the treatment of pulmonary tuberculosis, was opened to-day with fitting exer- cises. The sanitarium was built and furnished by Lawrence C. Phipps of this city, formerly of Pittsburg, in ROW Cor. Post Bt., Ban Francisco, Cal, memory of his mother, Mrs. Agnes Phipps. ™ . | which was prepared by Governor | | law will produce a yearly revenue of | | $5,000,000 which restrains the expenditure of State funds to make operative the sys- tem by which convicts may work for the State. As a result of the State law, supple- mented by the court order, nearly 2500 convicts in the penitentiaries at Joliet and Chester and the reforma- tory at Pontiac are idle. The injunc- tion was procured by Attorpey Levy Mayer in behalf of several clients, one of whom is a non-resident of Illinols. This was done to give the Federal court jurisdiction, and it is sald that persons who have heéld prison con- tracts are behind the action, The trade unions influenced the passage of the law which has stopped contract labor in the penal institutions of Illi- nois. Dr. James G. Kiernan, who is famil- iar with the conduct of prisons and asylums in America and Europe, to- day said: ham and First streets, two of the most | fashionable thoroughfares in the city. ! For three blocks on those and inter- secting streets the roads are complete- ly torn up, the roadbed being washed | away clear to the rock; street car | tracks were covered with a foot of mud and debris and hundreds of cel- lars filled with muddy water. At Murray the branch power-house was struck by lightning and burned, | the consequence being that all the big smelters there were forced to close down for, several hours. tains brain-building who know that we D AT PENSE MOTHER SAV. ) OF HER CHILD OF LIF Body of Boy Struck by Train Strikes Parent and Knocks Her Out | \ of Danger. | WILLIAMSPORT, Pa., |Struck by the flying body of her | | 8-year-old son, who was instantly | “The inevitable result the world | killed to-day by an express train, Mrs. | over of idleness in prison has been an | Alva Willlamson escaped the fate of | increase of outbreaks against disci- | €' boy. Mrs. Williamson and her | pline, an increase of insane cases and | 0N were on the way to visit Mrs. Wil- | {ncrease in vietims of tuberculosis.” |llamson’s mother and were walking on . | the track. They stepped from in front INTERNAL REVENUE LAW {of an approaching freight train and July 2. material as well. § ¢ “FORCE” is made for people who are smart enough to want the best— are only what our food makes us, and who want their children to grow up as happy as “FORCE " comprises all the food essentials: the tissue builders, ' the bone makers, the brain stimulants, the energy producers, the blood makers— in just the right proportion. | . 5 2 % . | did not see the swift running express. | FOR ISLANDS IS PASSED|The boy was ahead. His body was | thrown back with great violence and Bill Prepared by Governor Wright | [ SE: PAGE3 . knocked his mother off the track. Meets With the Approval of Mrs. Williamson's mother saw the 2 Civil Commission, cident from a window of her home. 38 to 42. MANILA, July 2.—After extensive discussion in public the internal reve- nue law for the Philippine Islands, il PNk Cheap Rates East. If you are going to World's Fair get cheap | rate and go Vv Northern Pacific Railw Wright, has been passed by the Civil | Lo °% p . g o SRR, Commission. It is estimated that this | Fra ® 5 -4 —————— | in gold, one-quarter of | Pierpont Morgan Lives in Peace. | | | BUSINESS CHANCES, MONEY TO LOAN, ROOMS | TO LET FURNISHED AND UNFURNISHED, HOUSEKEEPING APARTMENTS TO LET, SITUA- TIONS WANTED, HELP WANTED, AND A THOU- i S AND OTHER WANTS FULLY DISCUSSED— PAGES 38 to 42, INCLUSIVE, TO-DAY'S CALL. which will revert to the provinces and | LONDON, July 2.—J. Pierpont Mor- % municipalities where it is collected and | 20 has been living here quietly in his 2 three-quarters of which will go to the | Douse ‘at Princess Gate. He does not| DEATH BENEATH THE WAVES | insular government. y find.it as difficult to preserve complete | IS THE FATE OF A DIVER Understhe” law taxes will bejlevieq | Privacy now as he did a few years back, | principally upon alcoholic productions, | g’;n"[“i;sg"‘:‘f'&zd iz':g;:;:r:"‘“eh‘l‘z: beer, tobacco, ciga iga | 3 ' matches. L-Ic-hfl.: l‘s ::' :.‘-:.t.t:c.cuap:‘i | tormerly followed his movements with | tion (ax:' and revenue will be derived | far more interest than those of any from lcenses. The law repeals a great | FOYAItY. It is reported that he has pur- Sorsigesy R chascd at the record auction-room > d | ::::_ p’;o;le“:; e exl‘;“u"‘l:"gp:r:’i‘:g figure of $60,500 Gainsborough's Duchess | it charge of the divers engaged in ' SRbatsr ~am- | deepening the Delaware River chian- law. The tax upon liquors and | pf ™ioster trom the Bule ;;f._m::’:ofnelpofl Chester, was drownel in his tobacco provided for under the law?hr Temeins wllh"lhe Agnews, the bi ! diving suit yesterday. He went down is much lower than such taxes in the | g ., o " 1€ P8 (6 the river bed because of trouble the United States. i o | men were having with a drill. In a It is believed the new law will fur- - e | few minutes he gave the alarm rig- nish & basis to provide a wubstantial| GESE A Jon ol 5% casel, | nal and two minutes later was, pul and sufficient revenue for the Govern- | wpo js defending Port Arthur, is a | on the deck dead. In some unac- | ment should free trade between the | Swiss by birth, and has received most | countable manner the heirier of United States and the Philippines ulti- I of his military education in Switzer- | diving apparatus had become dis- mately be established. ShnA | placed. e R Hig father and two brothess still live | Some people are not only at home | at Wulflingen, in the canton of Zurich. Mrs. Maybrick’s figure in wax, which when opportunity knocks, but they General Stoessel passed through the ! has been for many years in Mme. Tus- | are prepared to seize it and drag it in- | military school, and until 1888 was at | saud’s exhibition in London, has been side behind doors locked with a com- | the head of the engineering department | withdrawn. Whitaker Wright's has bination known only to themselves. at Winterhour. taken its place. Unfortunate Man Gives Alarm Signal, | but Dies Before Helpers Pull Him to Surface. | | CHESTER, Pa., July 2.—Captain G. H. Metcalf of Philadelphia, who was —_———— WOMAN MEETS HER DEATH WHILE DRIVING WITH SON Fatal Accident Terminates Carriage Ride of Chicago Educator and His Guests. MADISON, ¥ » July 2.—~In a run- away on University drive Mrs. Josiah Jackson of Pittsfield, Mass, mother of Professor D. C. Jackson, head of the department of electrical engineasing. was killed. Professor Jackson had an arm broken, as did also his wife, and Mrs. Erastus Milo, widow of the for- mer president of Fiske Univer: o who was visiting them, was badly hurt. Professor Jackson is subject to heart trouble and faint2d while driv- ing causing the team to run away. The carriage struck a tree. —_——— The Herreros, whom the Germans are now fighting in Southwest Africa, number 20,000 fighting men, of a class far superior to most of the African na- tive races. ADVERTISEMENTS. Schlitz Beer Is Just This— Barley—selected by a partner in our concern—from the best barley that grows. And we malt it ourselves. Hops—brought in large part from Bohemia—selected by our buyers from the finest hops in the world. Water from six artesian wells bored 1400 feet to rock. . Just a food and a tonic—brewed with the extreme of cleanliness —-cooled in filtered air—sterilized after it is sealed. Schlitz beer is pure, because our process is cleanly, and because the beer is filtered, then Pasteurized. It does not ferment on the stomach, because it is aged—aged for months in refrigerating rooms before it 1s marketed. out biliousness. Ask for the brewery bottling. Los Angeles—-SHERWOOD & SHERWOOD—Sea Prascisco ‘Whelesate Distributers . Beer That Made Mihvailk It is a health drink without germs in it. It gives you beer with-,