The San Francisco Call. Newspaper, August 21, 1904, Page 26

26 JOKE APPEARS T0 BE ON ODELL Defendant in the Shipyards| Suit Says the Governor Insisted Upon Getting In EAGER TO BUY STOCK Two Holders Relinquish al Portion of Their Shares| on Behalf of Executive SIS Special Dispatch to The Call. NEW YORK, Aug. r Odell of bo; 20.—Just exactly | acquired his | of the defunct lding Company The statement is ation that his suit | he money thus in- ttled, as was the t by Kavanaugh. tements made to- -ipal defendants r's suit, the Governor on ccasions told the mren | were promoting the deal that he to come in. He was told that these n did not guarantee the suc- cess of the project, but he said he knew all about the scheme and was satisfled that it was & good one. He telephoned urday ng in the spring hroyd, Charles B. that he wanted the shipyard | tement at in Newburg late lowing Mon- States Ship! ree separate T P T DR. LOUIS BUSH DIES SUDDENLY WHO PASSED A 3 <+ Has Practiced Dentistry THE SAN FRANCISCO CALL, SUNDAY, AUGUST 21, 1904, STOCK MARKET [S [RREGULAR Fears of Renewed Wheat' Market Weaken Grangers, Causing Downward Trend GRAIN CARRIERS LOSE! Foreign Shortages of Wheat | Are Looked To to Stimu-| late Large Corn Demand R L NEW YORK, Aug. 20.—Yesterday's profit taking was in continued evidence | in to:day’s stock market. Resistance | was offered to the decline until the| fears of the renewed wheat market weakened the grangers and turned prices in general downward in sympa- thy. United States Steel preferred was de- | terminedly supported in the early deal- | ings, in spite of the further reports of unsettled conditions in the traders. Traders were suspicious of a specula- tive origin of some of the damaging | reports in the steel trade developments, | | and profess to detect a very large un-| | covered interest in United States Steel | preferred. These factors have a deter- rent effect on plans to attack the stock by short sales. Pennsylvania also was! conspicuously firm, and the anthracite | coal carriers showed good resistance + | under the favorable influence of a re- | | | ported agreement on a plan for the| settlement of differences between min- | ers and operators in that trade. A vio-| |lent break in Metrovolitan Securitles, | | which carried Metropolitan Street Rall- bargains. figures. Parlor Svils, Divans, Covches Regular Economy ; s Price Price. Three--Piece Parlor Suit, mahogany$130.00 $79.50 Three-Piece Suit, velour cover 5500, 30.00 Divan, mahogany frame, velour COVer SIS LR T 40.00 23.75 Dressers, Chiifonicr Regular Economy Price. Price. Turkish Couch, oak frame, velour cover &k el Asua il S $21.50 Morris Chair, birdseye maple, ve- 26.50 lour cushions Gilt Chair, silk damask s, Bed Room Suits FyrnitureSampleSale To-day’s news of vital importance to householders. Wé have inaugurated a permanent economy salesroom, where SAM- PLES, ODD PIECES and DISCONTINUED PATTERNS will be placed on sale AT ENORMOUS REDUCTIONS. Handling the enormous quantities of goods that we do, odd pieces accumulate rapidly, which, while they are new, and thoroughly depend- able, will be placed in this great salesroom to make room for new patterns arriving daily. Hundreds of others equally tempting. Following are a few of No discounts will be given from economy prices. to-morrow’s All goods marked in plain A,L:‘;I‘““"“ = way down with it, gave added force to | Regular Economy e s A “C_[ Half Century in San | the reaction, and the late weakening | % o Price. Price. . Vs Bidhiadt | . of the grangers caused the whole list to Three-Piece Bedroom Suit, solid i Chiffonier, mahogany #§ AR 9:2301';@‘ Francisco. ! give way. The leading grain-carriers | oak, golden......... - cecoo. 30.50 25.00 plate mirror get about ! all lost in the neighborhood of a point. | Two-Piece Suit, solid oak, golden Dresser, quartered oak per cen revear | - | 5 | E 2 - i » ent thirty-year first | | A fractional rally was interrupted by a | _finish, selected wood ..... i, 50,00 34.75 bevel plate mirror 23.75 fre United States| Apnother old California ploneer early | further drop in Metropolitan Securities, | Chiffonier, golden oak, quarter- Dresser, 1 1y, mass e H"f;'i‘i:‘;:f | yesterday morning passed away when and the closing was irregular. | sawed, bevel plate mirror...... - 40.00 e L S RO R 42.2: erwriting of 33,000,000 B liv S r-| The bank statement furnished no sur- | N Dr. Louis W. Bush, living at 2108 How- he en B Ir . brut o drstoteq, | D= Touls W. Bush, living at T How- (o Lo LSS0 O B ion mads | rass, Iron and Folding Beds Boothroyd went | 2T e 1 'd he com. 'UP an important part of the increased | : ; asked him if he | Short time before expired he com- 8 : s Regular Economy T 4 | plained of shortness of breath, but receipts, but there was a sufficient cash | Pice Diice 1omy would re some Of his holdings | » " E T @ " increase to more than keep pace with i ; ce: e ; Price. for the ( and John W. Young | Pone present thought the end was so = 0. 0 o) i s stainenl Brass bed, doubie 13-in. post, Enamel Bed, brass top rails 4 g near. The stroke of death must have the additional requirement, £ | knobf 2502l X .50 329.75 g S sked if he would part " i 5 vases, three-quarter g ghasay | gentle and a painless one, as N8 3382775 to the already abundant Brass Bed, bent post, fanc Enamel Bed. color pink = . round him did not know just s"-;-”"?'c RO ANt three-quarter . 5 5.00 57.50 quarter size, brass and ir ... 22.30 15.75 of April 19, 1902, the | change took place. o "N;;‘ SAleE b NORUR DS NORE v Brass Bed, double, fancy 50 KT.50 Maneel -Folding Bed. golden oak - 21.7G e feie, | could be called the dean of ** sttty S ina oscts I a t . 5 e tbniass | dentistry on this coast, as he came . 1 sk | Ch Cl € S d 0 rds E T bl g e here by way of Panama in 1854. He The stock market this week has been | ’ , LXICnSIon apies e o ": gt Odelr | oPened an office on Kearny street, near irregular, and at times quite weak, but - Regular Economy Regu Economy e e Odei | Clay, which was for some time the only reactions have been resisted and over- | 3 ‘ Price Price. : Price Price e o o | place where the early San Franciscan come, although the general course of Sideboard, golden oak, quarter- o . Extension Table, 8 ally his entire | 4 ot relief from dental woes, He prices has been upward. This was in cawed, bevel plate mirror.......$10000 $68.75 round top, highly $20.00 remained in that office room for twen- face of some heavy ing to take Buffet, quartered o golden fin- ... Ladie < 548 ty-two years, and in all his half-cen- profits and against the sentiment of a ish, beautifully finished 60.00 43.795 | 1£5.00 2.799 life in this city he moved his large part of the professional operators, | - # flice only three times, and never who have looked constantly for a nat- l'.\{(‘ns\un l"I a’hlr_ f’ in. draw, quar- . S nt e off Kearny street. ural reaction in view of the duration tered oak, golden finish. 19.50 T5 T == 24.75 agre | Dr. Bush was born in Hanover, Ger- and extent of the rise, which went be- C I L' I O'l - 54 SEe % | ma where he learned his protgmn, fore. Some of the week’'s news has of- | arpc Sy [no eums) I 3 He landed in Baltimore in 1847, r¥ain- fered a rather formidable prospect to Ge 2% e 45 1 .2 Loqap : . ] “HUZ fl U 2 5 3 s = g Several choice patterns in ready-made Carpets, as well as Linoleums and Oilcloth. Bring the size of | wife, one daughter, Mrs. A. and offerings of stocks were b sanls : = i tid ——————— (i Fwio aiia i and B Ber. absorbed up to the higher level o¢s purchassd now wili be stored in ou*' immense warchouse a2t B uxome. Fifth an! Continued From Page 21, Column 6. xcursion f the 't sts were on | once at r and the as com- | forward disast rea as speedil a He WRECK. PR THE DESCRIBES Member of Call Staff Tells of His Ex- perience on Trestle. connected ward against me to a halit aid Rogers. rs, we found | trestle track carefully along | lighter was | attende ‘dm“zw' Bush, a: ociated in father. [ oncordia dence of the street doc s often body be cremated after death, and in this manner the remains will be dis- posed of in Odd Fellows' Cemetery. The deceased w Lodge of Odd whom he will be buried from®the resi- 2108 Howard Monday afte the the business with Fellows, family at expre: latter of whom was his a member of by attained by prices. The crop news of the week has been distinetively unfavorable to stocks, al- though the opinion ef the outlook in the financial district has not gone the ported in the grain markets and effec- tive in the excited speculation there. The material reduction in the wheat crop which hasg resulted in the dam- age from rust, however, is generally admitted and the extent to which this + £ wver the trestie toward the head of the trair i the front : narro “The tender our tr ser scar Is none fatally. on the d, were rushing out of the 2w a number who were injured, but There-were several phy- mong the passengers and they to the injured. ‘Our engine was No.10. The picnic train was pulled by No. 1376. We were | going slowly a: oon after leaving the trestle and on the ground I and a baggage car had been telescoped. The pas- badly cars. picnic train, nd £o0, I understand, the other train, otherwise there wo | have been great destruction of life.” ————— came to the < may go is recognized to be a factor for future determination. FEven more length of the disastrous conditions re- | im- ! portance is attached to the corn crop | for its promise of an effective offset to the unpromising qutlook for wheat. =0 that a big crop of that cereal will of each was shattered. play an important part in the year's -gauge engine being the The week's y damaged. gs over gress of that therefore a serious factor in the stock market. Reports of deteriora- tion from lack of moisture were re- ceived with much anxiety and the dan- ger still to come of harm from frost to of conceded. ized in that trade ha for industrious calculation as to direct effect on the earnings of the United States Steel Corporation. Be- yond that direct result is the effect to Price cuts already autho: offered a basis id The number of cotton ‘spindles in ; vy ) the United States increased last L “XPoCted in bt Bty o from 15,600,000 to 20,000,000, 'itude on the part g i oy owing principally to new factories in the cotton belt. whose indisposition to make commit- | ments on a falling market or with a | chance for lower prices will naturally | follow. “Hold Up Your Hands” says the highwayman to his victim. way to “make” money. Thomas W. Lawson explains in the clearest, simplest manner the heretofore abstruse subject of High Finance, in the SEPTEMBER number of erybodys | agazine Last month thousands waited for 2d Edition GET YOURS NOW The edition of the July number of EvErysopy's MacaziNe was 300,000 copies and all sold out in a few days. For A ~ There is a safer ugust, 350,000, We are printing 425,000 for September in the hope of supplying the demand. Sold on all news-stands. WILL CONTEST MARKET. The purpose of the United States | Steel Corporation to prevent a profit to | the Pennsylvania Company from its { tion of $4 a ton from the association | price is clearly indicated and the pur- | pose of that company to contest the | market for wire products is avowed. | Meantime the existence of pools and ;agreemems for maintaining prices of be menaced, with the possible exception | of steel rails. While this condition has a moderate one, in the United States Steel stocks and those of some of the independent steel companies, the sym- pathetic effect on the general market has been surprisingly small. Trouble in the New York trades was extended and the meat packers’ strike was still a subject of daily attention and discus- sion. That prices of stocks should contiftue to make headway against a combina- tion of disturbing influences in this way has been a cause of surprise and of some suspicion of manipulation by parties of professional operators. Ma- nipulation evidence in some cases has been rather flagrant, in fact, but the success of this manipulation was in it- self proof of a strong underlying condi- tion in the market which made the bears among the professionals very timid about attacking the market. That the supply of stocks for sale was very small is a very palpable fact. No liquidation of importance has been in- duced at any stage, aside from some speculative profit-taking, which was readily absorbed. il MONEY MARKET EASY. The condition of the money market offers a strong attraction for the hold- ing of stocks. The call loan rate has ranged from 1 per cent to % per cent and there is practically no demand for | acquisition of steel billets at a redue- | other finished steel products is felt to | rot been without some effect, aithough | standing still and yoreign shortages of wheat are looked ! contfnued Rogers. “They |y, to stimulate a large demand for corn, 1med close against each other, | riod. | corn was a restraining influence on| speculation. The gravity of the situa- tion in the steel trade is also freely the | Towns nd St’eets, ires of charge t il wantad. RENTING DEPARTMENT MWill save you time and trouble. Hun- dreds of houses and flats listed. Service absolutely cal cost in fuel. 235259 C0 ) ON THE SQUARE | THE REGAL RANGE. A masterpiece of me —_— genius Dollar down and a dollar a week. W The easiness of the London money market had precluded the prob- ability of any call for money from that quarter. Interfor money markets show the beginning of the fall demand. But with a surplus of $60,000,000 in the New York bank vaults the coming demand is viewed with equanimity. It is ex- pected that this demand will come up to the usual volume and the higher ! prices ruling for grain and cotton may swell the usual demand. But possible future contingencies of this sort are not of much effect in the face of a %, per cent call money rate. Railroad earnings show a general im- provement and traffic reports speak | hopefully of prospects. This is a strong | supporting factor for stocks. Demand for bonds has not been ac- tive, but prices have been well main- tained. The 3s coupon and the old 4s have advanced !, and the 3s registered 3% on call since last week. —————— JOKE CAUSES ARREST OF GOTHAM BROKERS | Detectives Catch Them Gambling for Pennies With a Toy Roulette Wheel. NEW YORK, Aug. 20.—A joke that | miscarried has caused a police raid on a brokerage office in a big building on Lower Broadway and the arrest of five men, who were locked up on charges of gambling. Two of the prisorers are members of the Consolidated Stock and Petroleum Exchange. After the day's business had been fin- ished some ome in the brokerage office produced a pocket roulette wheel such as are’ sold in toy shops, and those present, anxious for amusement, sent out for a lot of pennies. Then all sat down to a big table and were having a lot of fun when the door suddenly flew open and a squad of detectives entered. The brokers explained that they were only amusing themselves, but’ admitted that they were gambling. The pennies and wheel were confiscated and the players marched off to the station. It appears that some outsider spirit of fun had called up police hi quarters and reported a gambling- house in full operation in the office. S ey WAR WORN VETERAN DROPS DEAD AT SANTA ROSA Death Claims Old Soldier While 'He Is Engaged in Picking Frait. SANTA ROSA, Aug. 20.—Franz Her- mann, a hero of three wars, dropped dead this morning while picking prunes on the Lincoln Purrington place, near this city. He was a native of Germany and in his youth was a soldier in the Prussian army, and later followed his adopted flag in the Mexican and Civil wars. He was a member of the local Grand Army post. { AWFOL LOSS OF LIFE. Continued From Page 21, Column 7. tally; Ole Swanson, hit on head by fall- ing plank, probably fatal: Theo Swit- zer, blown from wagon, seriou jured; Mrs. Robert Re collapsed house in Lafayette ! Injuredg internally, may die; | Strong, machinist, hand crushed; John Dugan, newspap man, badly cut about head by fl glass. avenue, S e i SWEPT BY FIERCE GALE. | ;’Gn‘.'u Damage Done to Property at 1 Rockaway Beach. | NEW YORK, Aug. 20.—Rockaway | Beach was swept by a fierce storm t: so far as is known no lives were lo: | A tornado swept over Rockaway Park, | blowing down trees, fences and chim- neys and leaving a wreck strewn path | 200 feet wide. The wind caught the roof of the pavilion attached to the Adiron- | dack Hotel and the building was de- molished, but nobody was injured. Por- tions of the wreck were caught up by the wind and carried a hundred feet | away. The tornado passed out into Jamaica Bay, where the wind formed a small | waterspout that grew in proportions as it passed up the bay, overturning many of the small boats anchored in the channel. It spent its force against the railroad trestle. The tide in Jamaica Bay rose to an unprecedented height. Thou- sands of tons of sand were cut away | from the beach by the strong cur- rents. B e — VALUABLE GOWNS RUINED Damage Done by Rainstorm at St. Louis Exposition. ST. LOUIS, Aug. 20.—Magnificent Parisian gowns, valued at $500,000, are in a ruined condition in the Palace of Manufactures as the result of the heavy rainstorm which swept over the World's fair. The gowns were exhib- one of the most interesting features of the Manufactures building. They were displayed in glass showcases, but the rain was driven through crevices in the roof of the building and poured down upon the top of the cases, event- ually leaking through and soaking the garments. Many of the dresses had been sold, to be delivered to St. Louis and Chi- cago firms at the close of the World's Fair. The damage, it is said, cancels the contracts. AR R At e President Returns to Oyster Bay. OYSTER BAY, Aug. 20.—President Roosevelt and party arrived here at 19:12 o'clock to-night, y in-| ger, caught in Clarence ; day and much damage was done, but | ited by French dressmakers and were | RESTORES COLY, -~ BUT LOSES JoB B A Speculation lured William J. Smith, receiving teller of the San Francisco Savings Union, from the paths of duty made good every cent he used, Smith's employers decided to let him go. William J. Smith and well liked by a friends. He was keeper of wampum for the Improved Order of Red Men and chancellor of the exchequer for one of the lodges of the Knights of Py thi In all more than $15,000 was in- trusted to his care. When one of the bubbles of specula- tion in which he based his hopes burst, | Smith used this trust money, hoping to regain what he had lost. good money thrown after the bad, and, more than that, money not his own. The “salt trust,” the scheme which he hoped would make him rich, fell flat. The moneys he used were: $7000 Be- longing to Manzanita Tribe; $8000, the per capita tax of the Great Council of the Red Men, and $500 belonging to the Knights of Pythias. These sums he made good. For the $7000 he gave property at Point Rich- mond worth more than that sum. For the $8000 he gave securities worth double the amount. The $500 he paid in cash. His brethren in the fraternal orders forgave him immediately, but his em- ployers felt that a man given to spec- _ulation should not be a receiving teller. Smith lives at 922 Ellis street. James Boyes, Smith's successor as large circle of said last night: “William J. Smith is as honest as the day. { placed confidence. If he wanted $5000 to-day I would let him have it. I do | not think that he will lose his position in the bank. All that know him like jand trust him. He restored more than twice the amount he used.” —_———— CHIEF OF CHIPPEWAS WEDS ON DEATH BED Ceremony Is Performed to Give Wife Legal Claim to His Property. DETROIT, Aug. 20—Slowly dying i It was simply a case of mis- | | William Smith, the Paying |5 "¢ Teller of Local Savings|' Bank, Is Given Dismissal | nize sition. Though he i of the t was prosperous, | But it was | keeper of wampum in the Red Jen, | make the neces- Bah We T mnants of t and t We Tuk goods and chatte Alth chile sary the a common Indians. It Indian r BLADDE flex complicat diseases, qu:ickly anc ns Strictly Reliable. More Taan 17 Years' Consultation Free & by Mail. the syste leaving Infuriss gfter effects in and at the lowest cost possibie EST, SKILLFUL and St TREATME: 1 HAVE CURED MORE MEN THAN M hysician on the more ra effective practicing gives v and ambit any other ast treatments ern and physician han the = wea’x and sid, married 2use the FEES REASONABLE. —I do not want any maan to feel that he is unable to pay me, s I always | arrange my terms in payments to | sait their convenience, and doubt- | ine PATIENTS MAY TREAT UN- | TIL CURED BIFORE PAYING. | It you cannot call, write for questior and FREE BOOK describing my spec Correspondence confidential. C. K. HOLSMAN, M. D. 729 MARKXET ST. (Top Flowr). Hours—9 to 8 dally; 9 to 12 Sundaye.