The evening world. Newspaper, May 8, 1901, Page 1

WEATHER—Showers Te-Night aud Te-Merrow. THE NEWS FOR ALL DAY. across erin bra ATHER—Showers To-Night and To-tSessow. SAY, AIN’T DIS GREAT! WILD CRASH IN §TOCK PRICES. Bottom Falls Out of the Market and Millions Are Lost—Many Speculators Squeezed. A slump in the stock market late | Central 11, Weetern Union 10, Amer-| last two houre reached 2,000,000— this afternoon which almost reached | !can Tobacco 9, Erie 8 1-2, Manhat-| probably breeuing the records. Call the dimension cf a panic followed tan 7 and Union Paclfic extending ite | money went up to 40 per cent. the wind! the Northern Pa- |/°0# % 17 polnts. je winding up of the Nor “] In the closing dealings the market eific corner, which cleaned up $7,500,-| continued its wiki and erratic char- GREAT CORNER WINS 87,600,000. 000 to J. R. Keene and his associates. | acter, sudden rebounds in some The prope were taken from under | Points being, offeet by renewed de- the market and a ecene of wild de- | “ine {0 others. Only the appearance of strong in-/ Settlement Made with Shorts moralization followed. Leading stocks | terests in the market toward the last ona Basis of 160 a dropped two, three, six, ten and even) prevented a disastrous panic. All 8h nineteen points at atime. The con-|told, the shrinkage in value of the are. ditions became alarming, but no sup- Rian ea {n on the exchange! Te Great Northern Pacific comer . port was forthcoming except in a (eg lesa’ than $25,000,000. {a over. Mr. Keene and the other Northern Pacific and United States Much of this is actual loss to specula- Blea eI tors, for accounta by the tens of thou- members ns the corner have effecte’ <2 ds were closed out - nd the losses | Private settlements with a majority + Mise ao as Cae ee ee uotae ies charged up ogainst operators, Possi-| of the “shorta”’ around 156 to 160. < bly half of the shrinkage Is repre-] One short alone scttled for 60,000 of 14 points, to 991%; Delaware, Lack- awanna & Western went off 10| Seated by the mers dlaappearance of | shares at about the figure given. The s unrealized paper profits. st points; Delaware & Hudson, 19 The decline in the leading stocks total short interest settic with is Hae Cae conta from the highest prices of the day stout 160,000 shares out of 190,000 B heal are as follows: Othe ‘hattan, Brooklyn Rapid Meaty ROCK ISLAND, $10 a share; AT-|. MOD! OF THESE WERE PUR- 10, and x0 on all down the list. | citgon, 98 a ahare; MIBSOURI PA.| CHASED BETWEEN PAR AND 820. When United States Steel had CIFIC, $14 share; ILLINOIS CEN- TAKING 110 A8 AN AVBRAGE THE reached a decline of 12 polmts, 80-/ naar’ 919; st, PAUL, $17: UNION|TU--L GAIN BY THE CORNER parently unlimfted buying orders ®p-| paciic, $12; CANADIAN PA-|QUTSIDE OF THE ACTUAL AC- peared in the stock, which. rallied it CIFIC, $12; BROOKLYN RAPID QUISITION OF THE STOCKS BS 8 polnts. There were other rallics TRANSIT, $10; MANHATTAN, $8; FIGURED AT $7,500,000. $n sympathy, Brooklyn Transit re- METROPOLITAN, $5; LOUISVILLE vo ueayy was the rush to settle covering 6 points and other promi- AND NASHVILLE, $8; UNITED thet in the first hour at least $4,000,- nent atocks from 2 to 3 1-2, STATES STEBL, $10 for Cri 000 was loaned at from 61-2 to 71-2 But other socks: continued to} so4 919 for preferred, | Der cent. When the etreet realized break to still lower levels, Amalga-| 1, gteel there was $2 recovery in that the curner was at an end busi- mated Copper losing 12 oh Illinois} ommon and $7 In preferred. Allthe| 2° dropped away. Only 688,000! — A eliares were sold to midday. other stocks alao show a slight re- eoreenif the inside figures. I¢ {a sald on Wall street that one . Sereneees pdaabapeeeneetes £ WEATHER FORECAST. $| "ro atyeane tsar Snow fe vena he cre —o wi oa ve failure so far as known. The com-|'se6n the min who settied for 60,000 mon belief is that there: will’ be no financial fatalities!on| the Stock. Ex: =e ‘i Asmorre 8t1 108, Pitcher Phyle Makes His Debut at Polo Grounds--- PHIL DARLPHIA 310s O00 42200) -1—8 NEwoyor C PieOuOMeoviOl a59 FIRE WIPED OUT 5 WIvance, but by the time the came ts| home at Fitchburg Mass, toatay by te Me got to third base, hat had to/ calle! there ma be wm shift in the}death of hts) bre Ja; who had Me down i of the iine-up. Basevall an Invalid for s . Hanton ——| managers change their mils as easily nthe team In Brooklyn the late 9 . Ol eThere tan't much water left up there Reins maidens when comes tol ter part of tats week << peso eee g ‘ the day 2 : pate aeRO Me ER hola doce not warm up well, Btlty UREA TAD FEF dds ; Rveryboly clae way qucnsi7g and ath. | Direon will pitch for Horton Charley Farrell is as sore aml atlff as. Ing his next r rink ielltrain. n antiquated race horse after two days Blaze Menaced the/Ex.Secnetary of Treas- nes Amortens Leamae Onening, | riqeet tate es, ntatbie fellows free Business Section of Augusta, Ga.. leken th K rooster will] © AUGUSTA, Ua, May 8—Fire which) tormpo, 0., May &—Charien Foater, to be: It i to be hoped that he] and Preeenta nany ladies. Telatteraertancctioe nerastieect of Fostorin, ex-Becrvtary of the Trean- prove to te another find ike Mat. | 1° Park are a ee and at one time threatened the bus, (U0) Naa made appiteation in the Macatee United States Cour to be declared | Phyie, what a fine t e Ness part of the city, voluntarily bankrupt with. Wil he Ramo, put= The great cotton wardhoure of the! Tia Habiliies are 74708. He has] PO aaeieaii cat Neld and Gating Unton atroyed, and the warehoures of Phinizy ene fou; Aansive, terminals af the Charleston |: ae sWeetern Carol’na Rallroad,-> with: 00 Quakers Fall On His Curves for Three Runs in First Inning. —————_ ‘The Batting Order. New York. Philadelphia. Bernani, re e Af Pye Veg lapire—Mr. Nash. BY FERDINAND LONG. (The Evening World Cartoonist.) POLO GROUNDS, May 8.—The rain seems to be holding back In anticipa- tion of a good game this afternoon. The few early comers scattered around the grand stand seem to have the same hope, There is not much of a crowd here yet, but they are coming tn in a slow sprinkle, just like the rain Is at present threatening to do. “T guess it won't rain to-day." re- marked a hopeful fan in the bleachers. Cs “BEATS The Fans tn Chorus After He Struck Out. BROOKLYNS VS. BEANEATERS. 4 |Champions and Bean.| a “Nelaon! Acknowledges Applause. eaters Play a Close Game — Dineen and Kitson in Battle Royal. The Batting Order. Brook|sn. Boston. Keeler, rf 1 Sreckard, If, ty, MeCreery’, cf Demont, 7 Mtb, howe, 2. Kittredge. c. Dineen, p. fr. O'Day. = Now! You Lebater! Runt He he Team (Bpectal from taf Correaponder.t IND BALL GROU . Wil perform in the middie j the grass ptot afternoon fo: eran twirling wiz. is carded to de. ra for tne He Keeping Hie Eye on the Bate Joing all spring.” ed tu bts . ; 1a sun-seat fa is the progfamme arrange! in Manager Hanlon was cs FOSTER OWES and the woather hae nough up to date to ene Into condition. Farretl, The Amertean Leaguer. who open | work thelr ball park to-day Ppoaition to | not bee! Billings. able him te ury Asks to Be De- clared Bankrupt. ce m1 | NO _NAsety. omprens Company war de) Mixedceretary Foster's business trou: | cente per? Mer date Pack to 19h. wheal the flems a? | Firat Inning. White i going & Co, and 6 M. Whitney were gutted. | Foster & Davie and’ Foster & Co, of b r pherotd for the | y i y bat jer hii i The Fire Department and many citi-{ which he was a member, nerigned Rie tea t J sRtTtOkBAt Bee he tthe James to save the ex- DEGREE FOR M’KINLEY. as a “phenom” and has been trotted | wi}] be remembel Sheena nage Roment 1 ere S out thia afternoon to stop the Glante’liyn Club to @ eet: it tp low League, and t ett sent MeCroery In practice before the game Hughes |fi/)° pape Need a fly over toward the left bleach: | Daly made negpard chased It, but it fell\ in} wae ou \ereighe @epot and’ surrounding |’ pogTON, May §.—The Board of Over: | “0MNe MT : peers of Harvard University at their Warming Up. regular, meeting: here today voted to! yganager Davis han brought all his men aed ine Doctor af Laws (0) anq (a, warming up all the .2ittle. ball-|¢ Festa HPI Meee feria siaSGent aug cn IatNN rege Fs 135