The evening world. Newspaper, January 5, 1901, Page 1

EDITION ‘ x PRICE ONE CENT. v OR fh, SATUR DAY. ANU ARY 5, WILDEST DAY IN STOCK MARKE é Prorioricics PIPRGEAGTDODS MORGAN’S BIG RAILROAD J. R. KEENE TELLS WHY MARKET IS UP; Wall Street’s Greatest Operator Gives His Views on Stocks to The Evening World. James R, Keene was seen by an Even- ing World reporter this afternoon and . Asked for hin opinion regarding the tre- mendous trading in stocks. “Of course,” said Mr. Keene, “I am bullieh, very bullish. I have been so + qaince [ returned fram Europe. “ICT fcit otherwise and could see any- 4@ thing In the future which would lead me to take a different view of the T would not hesitate to say 40. “The present advance in atocks, ae I view it. ls primarily caused by the peo- Ple uf the country, who are beginning to realize the enormous growth in business which hi taken’ place in thee United Btates during the last ‘few yeniz. “I a0. nat con ‘mocks too hich by any mea ‘axe ‘the prices of 1881, twenty: yeats lego. “They were selling proportionately higher with tb@ coun: ttuation, try by no means as developed in tie pow stb'ities am it la to-day. “I consider there are many stock# at present soll on the Stock Exchange which have an Intrinale value far In ex- cess of what thelr quotations tu-day would Indicate. “Tam convinced the unusually large transactions during the past few days are duc chiefly to the combination of big ratiroad Ines, Northern Great Northern, Reading, il, an} Jersey Central among “ I these lines there js a tendency to amaintain and to make the most of the excellent dusiuess conditlona extet- An “LP cannot eee a cloud in eight, and think that we arc yel far from top prices, As to the volume of trading, while My @eems large it is no more than what might be expected with the country seeking Investment for ites lus money whore It seems most “We are unter new. con itions, and the stock market Is adjusting iteelf to hem. OL ~—GOUNTERFEITERS, Secret Servic : Under Chief rested A gang of elght big councerfeners were, and captured here last nigat by/Beeret Service detect ton of Clilef John 5. Wilkie. | For two months this band hax flooded the covatry with the mos: dangerous all- dollars half do:jars and quarters seen in,yeara. ‘The chief of the wang is Pio Paris, and nis cunfeleraias are likew! Chteg WHklc that:ih's Kang probably was 5 je for at leas % per/cent. of all the silver counter- felte-whtch have been putin i | in New York during the last two An oMfcint of the secret rervice branch here estimated for an Evening World) — Feporter: that $20,000 a year in/all wilve> ‘counterfeits are turned out in New York City, This, would make Parts bi Te- sponsidle for urtering $2,000 in falee coin. The capture Fa nethe py ¢ Paris and his part-| ate mitk came about tn @ pecullar way, {hex were unwittingly betrayed by one of ‘thelr number who could’ not restrain: hte curiosity. ra. Matte of Gold street, New York, large deujcre\in sheet alfver and gold, recently and) purchaged) a thousand: opncea: of One-of thesmen ‘was ob- At the time of the parchase {> compare, one of the sheets with a voln walt: ook from his pocket, prodvabiy of determining whe:her te eheet was of the aame thickness as ihe| ein he had in his possession. This circumstance was made known ta the Becret Service officials by Measra Platte -Co,, and a'force wan immediately sthe men, e Detectives, Wilkie, Ar- Eight. CHIEF JOHN &. new lead, ma, men took away with part of the purchase, rtly rat to work Upon the fact that the them only: a aim. bi ansamed ¢ recurn for a ume the two men ag took away ane small quenthy ta IL Mangin str From there Watts street. The Becret ferved an where they etght in Mangin street hous house on Watts #trec thoy were chaduwed to i Service ofticials immedt- Atrance into both found several uf , ot work. The am well na the was fully equip: houses, five tom was In operation, About ‘one hundred ounces of llver and a baskut (ull of steo! dies wern secured. Two of the men Ived at 112 Mulberry etreet, Now York, and others were sca’ {ered about the pelghtorhood, CENTRE OF POPULATION ; NEAR COLUMBUS, IND. Census Bureau Announced It Had Moved West 4 Miles (spectel.to The Evening Worta,) ! “WASHINGTON, Jan. 6—Tho centre of population of the United States has boon ted by the. Ceneuis, Buredu./ Ith ‘ ‘south. The centre of: fopulation,’? Taaye “the! psiia Bureau bulietinteayed to-day, in Ten Years. the following ition: Latitude Tomgitude #.4h2t.. "ten. Sears the cen:re of. population has moved westward i¢.1. spout fours Hew, and southward 2.20 or about | FUT CE WITH ODELL lees and Senator Agree on a Police Bill. A halt doze Republican of the big leadera in the rty got together In con- ference thix afternoon in the rooms of the State Committee cat the Fitth Avenue. Hotel, The palice problem war the principal topic, and the way was ed for three police bi Osell, Senator Platt, State Chair- man Dunn, Lieut.-Gov., Woodruff, Sonator Ellsworth, leader of the Re- i Speak®r Nixon of, Axnembly, were urese Arrangements ink through a Dill on the !nex mendation, it wil be -tytrd houses rimuitane may night when phe Feconvenes, The bil wil abolish the partisan pollee nde will prove re inade for push- reorgantza of Gov. Odell" Legislature! presy mein thie appointment by mlswioner, ree able by both Mayor and ‘The Elections Bureau will tv from the Vollce Us usual bi-partisan will be continued, ‘Two other pollee bills were conmileret, They ire devoted to detalix the reorkantzation of th ment, Wills N, Cohen at the request Repudiican leaders, One scheme vides that the Gpitce “Commtssloner shall have two deputies, and that the oMce of chief be adoilshed. Th plan pravides for the two deputies the fetention bf the chief, This wil be supplementary, to the principal police Dill, and one or the other will be passed, for the Republicans will pledge support to the police legisiation reed upon in ernore me: now being considered iy the Gavernor, ‘The schéMme seems ‘to be that In every ‘concelyable ‘way, bureau combinationra shall be effected so us to do away with commission {nthe plural for commission in the ‘singular: + A ‘constitutional amenitment {x con- templated pene about a unfqn of the State Board of Health, the State Board of Charities’ and the State Lunacy Com- minsion. The Joining of these three de- partments ‘will’ place all State Institu- {ions used’ as hospitals and lunatic asy- lumsvunder one head, ———_—— LOVER. KILLS HIMSELF. Frank Follette Blows at Brains at Sprprise Party. * (Special to The Evening World.) ¥,, Jan. 5.—Frank Folle:te, ot Both New Brin, aged nineteen ; night, accompanied” Mies party. He f woman, and « Hin 4 Bostonitys, dled at the Tremont. Hote | MOG) AND SHARKEY MaTGic., $f FRISGe M’GOVERN FIGHT 3 iN matchmaker of the club. saw both this afterno referee eGovern to fight there: tt red Agi SSS re and haw {ver Uo rer hold the ECGRO WEEK FOR BANK CLEARANCES cotal of $1,501,518,202. to 986,506 538 clips a es NEW ORLEANS RESULTS. Guorgia Gardur 5, ONDITION IMPROVED “TABLOID” AWARD BY HARMSWORTH. ————_ ++ Herbert L. Baker Wins £100 Prize for Criti- cism of the New Year’s World. The writer was Herbert L. general manager, a former His letter was as fol- Alfred Murinsworth, proprietor of the; building. Lonilon Mak, who edited the New Year's Baker, the teas of The Worl, presenting It in a newspaper man. “tabloid” form LS he considered lows the ideal “mak for the twentleta omy ta have: eh th fertagugh requested critleiama of the | perhapa it iy, all there.y like ihe torn and offered £106 to the writer of ry om but ten don't fra: letter he picked out of the to rs a ¥ that hundred recat fald aie Harmsworth, shak'ng and they ater of relety _ abertly 1, 12,00) replies. w rte of the country were piled in flee of the mu nrsworth counted out twenty raving thet he had been tu- ry to tind @ £100 note tn New York, hanted the mone “T rather wih t after noon, reac to some poor men, pile andstook: the firrt letter that his] worth. hand touched, ft was In of the Unitype Company, are he twentieth Moor of SAVES ~ PARK SiN SAVES LITTLE BOY FROM FIRE. MONDAY, MAYBE rn remarked Bak Mrs. Strobel Found Him! If -Coo! Weather Con- Senseless Su: rounded tinues Ice Will be by Flames. Strong. Littie Jack ¢ ontinues old xon of of the big ily $2 East One fund atreat, ‘owex his Strobel, who Hy street. Bhe was pasring t- Tom and. Frank Ca and Xx yews, run fromthe. dour. of pouring, “re i inside.” * uriaent cool weather Mfo to Mia, No. ) of the 6: The ice Is Deita [ase and apps mame! tg hear skaters, tink Ht La rufilete modnte th the lake [nm ment thit ska About the saa poilce don't trong to a pe watch smok wand Jack in out a moment's hes tation Mrs, Sire ran into the Cavanagh apart- ments, ‘There in the amoke, with names crackling around him, lay’ Ittle Ju unconsclour, 8 oued him Just In time. ¢ apartmel «gutted wane the lose ‘catlmateal at $1,00. of the office, nnd PRIMA DONNA DEAD. - Diatefot-attornes, John. Schwi wa DENVER, Col, Jan, &—Mias elle | CCR of Whom recelved salaries of "send Fremoni, prima donna soprano of the} if) ‘palibin, anrounced a in BG euROB ER: Her home wa Dian trl Re veto Mos f 5 ey eo WOR hose iy yelled the bays, erday. nt conition, PHILBIN DROPS TWO MEN. | Disteicicattornsy Pilivin thls, morning requested the realgnutiony of Carleton, for ten years Indfotment f Dowty y Aas! ‘Attorney Hurmann, pelery. ie} apn ‘age and. sen the enouga | ¥ SHOO 10 mE, District - Attorney Says There Is No Unneces- sary Delay. BLAM2S THE LAWYERS. Deciares Counsel for Pris- oner Put Immaterial Mat- ter In Answer. Diatrict-Attorney Philbin: this: afters noon issued a xtateenent In regard to the delay in sending the Molineux case to the Court of Appeals, After: drawing attention to the fact tliat the’ Buchanan care was not decided by the Court of ‘Appeals ‘until fizteen |: months after Buchanan‘s convictlon, the District-Attorney suid: I have found the papers are in the hands of Recorder Goff; that a case had been served by defendant's counsel, to which atnendments had been suggested by tlie District-Attorrey, and spon each of those amendments a decision was re- quired by the Recorder. The case con- sists of neatly 6,000 pages. “It was beyond posstbility that the various dectstonx upon the amendments required by the Recorder could be made within a short time. 1 find that there fa no evidence of any unnecessary delay tn this case, “Lam informed tha been ree up by the fa: ae ma endant’s ¢ many danecessary pages of Immatertal matter.” No repiy Got to the com; L. Molineux, that he has retatned (he papers in Holand [Me appeal for «a new triad for an unrea: able length of time Hmeux further Bisiature to ine tere action, Molineas decta eal to the Legiviature delay in the case of his son In the death-house at Sing Bt Prison awalting the deci#lon of Court of Appeals an to his right tow new trial, © When Assis borne was se neux case he said: victed Mr. Molineux and the Gas is inthe hand« of Mr. Le isar- will bs made by Recordes of Gen. Edward Edwur that he whl to Investig on bier.” Mr. work Le Marbles said: “I finished my on the Molineux case some time papers to ftecordser Gort. ——$———— "| GARDINER VISITS MAYOR. Ea-Distriet- Attorney and Van Wyck In Conference. Ex-District-Attorney Asa Bird Gar- diner yialted tne Mayor's offize to-day and wax closeted with Mr. Van Wyck for nearly a half hour “1 don't think we hardly touched upon pollticul mutters,” he explained In leav- ing. ‘Mayor Van Wyek ban old friend ead ax 1 was down thin way I stopped In Uy nes I came down town home at Garden Win front of 95 « this morning. He -tive years old, five feet nd welghs 192 pounds. town chee gray under= derby. for the ending ats May for New York ¢ vioinity: Fair and colder ta. wight; Sanday nies freah to's and Reading Absorbs the Line. : Make Millions in ait Bulge—Higher, ° Prices. Are Expected. oS secede bineges STATUS, OF THE READING. Mileage controlled Pansengers carried (1 mile) Merchandise carried (1 mile). Net income . NEW JERSHKY CENTRAL Mileage Pansengern carried Freigat: moved (tons) SEEDIDERIE GEM J.P. Morgan & Co. announced to-day It’ la sald that they pald at least $15.- 00,009 for the controlling Interest. J. P. Morgan would not state the price at which the stock had bien purchas-<d. He has bought only a controlling Inter- est in the road which Is capitalised tor nearly $28,000,000, Shook Up Wall Street. ‘This enormous deal had a proport! ate and sudden effect on Wall street. A jump of 7 points In Jersey Central stock ‘follywed immediately on the news of the tranasction, H, Warren; sccclal Vier President’and’€ arapice 8. Jams; Treasur man of Exe: | Bake est; Genera: TraMc Manager, J. Law= : General Papsenger Agent, P, Guarantee! Dividend.- is understood that J, P. Morgan @& guaranteed 6 per cent. dividends ea) Jersey Central stock. : : joger Maxwell, President ot. the” i Jersey Central, fs ssid to be . President of the Reading, Tr Je the ultimate abject of ‘thi j In controlof the two roads to ‘seéure! Thia Meading deal has bean for some| complete control of tite anthyweltetogals time in, contemplation. It fm one of a series of gigantic ratl- tons of the country's that they had obtained control of the, Jersay Central Railroad. way manipul greatest, fnanclal interests. [phe recent purchase of the Pennsyt- nia-Goal Campany by J. J. HIN and 1; Ream was bur an Incident of the vat plan. A complete transformation tn the rail way! svatera of the Unjted States | looked, for. ac ‘the culmination of the scheme, ‘The executive and. te the Central Rallroad of Prealdent, J. R. Maxwel trade, Over 52,00) shares were dealt in in this market ‘to-day; The total Issue of Jersey Central stock i’ Is $27,113,! PHILADELPHIA, “Pa. Company, ment of thet two roads. Vices ny, amy end. ——- 4 -—______ WALL STREET HAS. A-new record was made in Wall Jurday “halt. “tay aeasion " promised, The half-day vession chanse street to-day. saw 1,174,600 hands. Uld operators, sald the day was “unsurpassed In’ this genera- tion,” and. that more business. was done’ in the-same period than on Dec. 18, 1899, during the money pants. | In the first fifteen minutes of trad- ing to-uay, 300,000 shares of stock wore dealt’ in, and in the first hour 730,000 shares. ‘The best previous opening was ‘last Saturday, when 200,000 shares changed hands in the first quarter of an: hour, and: 650,000 in the first-hour, Ih the whole ses- sion ‘last ‘Saturday 1,013,000 shares were dealt in The wildest excitement prevailed onthe floor of the Exchange. The market was furlously active and the shares tossed about! Teading issues were In from 1,009 to 10,000 shares at a time, Rallroads the Centre. When the reaction set In the buv- ing wds so heavy as to absorb the realizing to gocd offect, and the Sat- break all records for holidays, The raltroada were tie centre: business, otter stocks belng compares «vely neglected. London's’ big “jum In prices'of course helped Jo; psec the market, “Sales of the Reading. atocke rece : 94,000 shares of the’ first_ pj 103,000 shares. of the common -and)) (26,009 shares of the sesond pref ts There were over 100,000 shares of! the: Erle common also traded In. + Rip Despatches from London showe that the market there was’ wildly’ exe cited, and the American Department | was #0 overcrowded that brokers. found {t dificult to approach. The excitement spread.to the ‘wheat. and cotton markets, and big advances: were made. Wheat was booked on); a reports that Keone and Wall street) 77 were in the market and a bell ool. was: forming. The advatice In prices was violent particularly in Reading common, wnseh Jumped up sever full pois on 2,00), and 3,000 shires wera con the ret ftteen; minutes, ..Tad! for. it of the ticker compahice were! tated