The evening world. Newspaper, June 21, 1902, Page 2

“MORGAN TRNES WP STEEL STOCK . More than a Point ' Under the Aggressive ' Lead of Big Financier. GENERAL LIST STRONG. St, Paul and Missouri Pacific Were Features of the Rail- ways — Coalers Developed Firmness on Strike News. ——_ Influential market interests dom!- nated by J. P. Morgan turned the tables on the members of the bear pool in United States Steel stocks. Under the aggressive Morgan lead Bteel common advanced 11-4 per | cent. in the early trading, and the proferred gained a point. ‘This was the only feature of an other- wise dull market in which the list showed decided strength on a small vol- “ume of business. ‘Considerable influence on the general list was exerted by the semi-official gtatement of the big increase in the earnings of the Stee! Trust, but the factor was the support given organ leutenants. Mipeculation was helped and the gen- eral strength of the entire list pro- moted by the forecasts of the bank statement, all of which were good. Btrong features of the railway list were St. Paul, Missourl Pacific, M., K. & . preferred, Brie, Reading, Louls Vile & Nashville, lllinois Central and Union Pacific. he anthracite coalers were helped by | fe report of the dissensions among the | ‘soft coal operators on the question of je soft coal strike. Bi ieetessive buying of the Gould “ptocks was continued under the stimulus of greatly improved crop prospect and the publication of new plans for ex- tions and betterments of the Gould sys- tem. ‘An attempt made by ehorts in Can- agian Pacific resulted in an tmprove- ment of over 1 per cent. and an in- credsed strength on all offerings. The market refused to bo frightened by predictions of gold exports In the near future and showed no apprehension over money rat There wero no features in the indus- ‘trial list outside of Steel. ‘The closing was dull at about the low- est prices of the day. The total sales of stocks were 189,000 shares and of bonds $900,000. The Closing Quotations. Open. High. + 6% OUN Gommon Advanced | exchange continue. |now a steady seller Instead of a yur ORLD; SATURDAY EYENING, JU 7 NEWS OF THE WORLD OF TRADE AND FINA THE W een | 4 Tat A TOUCHING ON AND APPERTAINING TO WILLIAM S. DEVERY, |Ex-Chief Hangs Out His Shingle at No. 150 Broadway, Where He Has a Fine Suit of Offices. EAL-ESTATE BROKER, bE Boos \ | wont SELL} | NNotin LESS ) WILLIAM S. DEVER PALMER & M'ENROF, Real Estate Brokers. John J. Byrne—John J. Halloran. : ‘That's the way the gilt-lettered sign reads on the glass door of a fine suit of richly furnished oMces on the sev enth floor of the brand-new skyscra at No. 150 Broadway Tho big ex-Chief has come out as a full-fledged real estate expert, and an- nounces himself ready to furnish points on anything “touchin’ on or apper tainin’ to” real ate, houses an | EXPORTS OF GOLD Sterling Exchange Has Been| Steadily Rising to the Ex-; port Point—-England's Change of Policy a Factor, Gold exports are expected wit days If the present conditions in Exchange has been gradually rising nd there has not been a s sion to the upward movement ‘The fact that London has ¢ policy of the last three z le reves. wed lis ns and is chaser of American securities brought the gold export tssue much nearer. Chicago & Chic, & Baw. Lit Chic. & Fant. 1), pf, Gol, Fuel & Iron... Detrokt’ Sourn.... p Pane Distiiling Co. i 6h | Distilling Co, pt. 2h a Det, Un. Gas, yw | is entry u International Paper pt International Power. lows Rites “is ia hl 1% 4 4 $ eeesse* Beueussres © et Feet ‘Trust 19 to become a New| tion. If the pending plans billion The The effect of this action was direc! reflected in the local sterling market by the steady advance in rate BET 100 103 ON KINGS LIF Big Coronation Gamble in London Based on Chances of Edward's Death Before the Event. LONDON fe 21—A brisk busines: was done this week at Lloyds 4 Coronation gamble. The odds given were 100 to 8 against the event occurring or, to use the h nical expression ates on the risk of the King liv) at 3 per cen Many th were underwrit shows to what ¢ Ness has grown in vertaln cir Careful is ground King's health ficial reports National Dank Notes Redeemed. WASHINGTC bank n¢ don $842,677 oe i, MUNYON GOES TO MAINE, Founder of Famous Company Plans Novel Campatyn. J. M Munson, founder of! in famous Muayon Hom Reme Company, eft for his n Rang day. He will spend a part of the summer in this de Malty and business, ‘tds said, will sur- Paso all his previous ones | It is undermood that Prof. Munyon while In Maine will formula the out- | line of a novel and unique cnterpria which. coording to hi will prove @ Vevelatic trade ' Mr, Munyon is accompanied py his son, James Munyon, jr. and will te Visited at Rangeley by’ several recenty pointed Weutenants for hie forihoon- pawn. Under Prof, Munyon ction the cam; t Rangeley have i) Isto doh olay Sais ae AUN ai ny TID Ley, 5, =} ) sure ag to the particular strength |@8 to plans for the further develop- | | to 1 | perience. “The Chief's got mo: member of the fi ‘NO FEAR OF BRITISH RIVAL TO MORGAN SHIP COMBINE, "ing nis antegea itt-neatth as a basis EXPECTED SOON, . Atlantic Transport Line Says Opposition Will Be Welcomed. resident of dition, LONDON, Jun a vival of Sir Wt BANK SURPLUS SMALLER. se of Alta SHIPPING NEWS, NEW YORK, TEAMSHIPS, \y hampton, | wh today opened son ' ‘| Mehical, Hwaneen, favorable, though echo ae new Wava Morgans Not Worrying “We have po interest in the doings of the British shipping combination,” said a member of the firm of J. P. Morgan to-day. “Onr attention ts confined exclusively to the shipping interests in which this firm has a voice.” In this way the firm dis- posed of the cabled story from Lon- don about the combination which in- tends to compete with the Morgan syndicate for the North Atlantic freight and passenger business, Sir Christopher Furness is to be the head of the anti-Morgan combination. It is to have a capital of $100,000,000. The Cunard Company t{s said to be included in the deal. Both Canada and the British Government are to give big subsidies. i The American Shipbuilding Company has declared the regular quarterly dividend of 1 3-4 per cent. on the pre- ferred stock, payable July 15. oe. Canadians Buy B. R. T. Canadian capitalists, headed by Lord Strathcona, are reported as be- ing recent heavy purchasers of B. R. T. stock. Edward H. Harriman is also taking a more pronounced in- terest in the system and is adding largely to his holdings. His repre- sentatives are said to be Flower & Co. Mr. Harriman and Anthony N. | Brady are said to be in full accord ment of the system and in the scheme J-| to secure the construction of the tun- s a real estate| Pel under the East River. saia| Nerbert Heinshelmer, well known in |banking circles, has been admitted to urlously | Membership in the firm of Ralston & rd | Hooley. | ee Morgan Rebukes “ Fakirs.” and | J. Plerpont Morgan, whose visit to Europe has been made the occasion | Mew of | for a vigorous attack upon many of cale, |the securities in which he is heavily ~~~ | interested, has sent cablegrams, |couched in burning words, condemn- | ing the Wall street fakirs who are for bear raids. The language of the cablegrams |s said to be so vigorous as to leave no doubt in the minds of those who received them that the |mental and physical state of the big financier are in exceedingly good con- * 8 « London quotations showed advances In Atchison, Erle, New York Central ind Pennsylvania and decreases In I!li- nols Central, Loulsvile & Nashville, Southern Pacific and Anaconda oe | Gates May Not Sail. ated} John W. Gates, who is busy now made squeezing the Chicago bears in corn, is booked to sail for London next Wednesday. To-day it was reported \that he might change his plans and not go abroad at all this season. The big Western speculator has so many ted irons in the fire that he considers it a good plan to keep comparatively close to the American shores during the summer. It is sald that he has been taking profits on enormous blocks of various securities preparatory to his ation, but it is hard to follow ac- ately his market transactions, Many in Wall street know this to their sorrow. * 28 «6 A Wall street pilot 1s one who, tired “PROTECT HOLDERS. OF BOSTON GAS, B-own Bros. & Co. and Ver- milye & Co, Have Agreed to Act in Interests of Stock Owners, Brown Brothers & Co. and Vermilye |& Co. have agreed to act for the pro- tection of interests of the holders of Boston United Gas Company stock. Notloe was given to-day that the acting in the Interest of holders » securities, would submit a plan vnization. Default has been made in the interest of the 6 per cent, sinking find trust bonds, fret series, Holders are requested to deposit their bonds with the Trust Company of New York, t to the orders of the two firms means @ pr nged Aight between and New York Interests, All be deposited before July 8. Dae MAY FORFEIT CHARTER. Provident Life and Aunatty Cy ny im Trouble, BALTIMORE, Md. June &1.~The com: mission which was recently appointed or the application of State Insurance Commissioner Wilkinson for the fors frlture of the charter of the Provident rm 1 Annulty Company reported to Judge Stockbridge to-day that the com: pany ts Inso!vent and ite plans of busl- ness unsafe and impracticabl Judge Stockbridge gisned an order re- 9 }auiring the company to show by June a why Mecaberter abowd not be forfeited! Nuts we GOSSIP OF WALL STREET. to ——_ of tinking his own craft, sinks others for salvage.—Ticker Talk Good for Syndicates, Wall street promoters and syndi-! cate organizers are elated over the! recent decision of the Supreme Court! of Texas, which held that it is not a violation of the Anti-Trust law for a company to buy up and operate other corporations in the same busi- ness. The decision Is sald to be the Union and iscf particular Interest .o the $100,000,000 Northern Securities Company, of J. P. Morgan and the various railroad mergers now being Promoted by him. “ 6 6 Hester's cotton figures gives the world's visible supply 2,658,753 bales, as against 2,948,096 bales last year. There are now afloat and in Europe 1,665,000 bales, as against 1,437,000 last year, and in the United States 509 000 bales, against 27,00 bales for the corresponding period of 1991. Tobaeco Litigation, The suits brought by Géorge F. Butler and Susan K. Elmer against James It. Duke, Thomas F. Ryan and other directors of the Consolidated | Tobacco Company, as well as against the cc.rreny itself, have taken on a more serious phase. Criminal actions fre now contemplated, it is said, which may end in sensational liti- gation. The plaintiffs in the action already brought seek to restrain con- solidations planned by the big To-! bacco Trust, of which Duke is the head, and the actions contemplated are based on statements of record in the clvil suits. W. Bourke Cock-/| |ran's action in calling the attention! jof the District-Attorney to the state- |ments is the forerunner of new suits. | “8 oe The steamship Nome City has arrived | at Seattle with $200,000 in gold dust, the | first to arrive from the Alaskan fields this season Pacific Express Plans. President James Eggleston of the| Pacific Express, says: “We have at present no plans for an entrance into sw York. The ambition of the company is to get an entrance Into Baltimore, which we expec: to 8e- cure when the Western Maryland and West Virginia Central become /an integral part of the Gould sys- tem.” * 68 6 Otto H. Kahn, managing partner of Kuhn, Loeb & Company, has returned from a three months’ tour of Europe, The Kuhn-Loeb market specialties have |taken an upward turn since he arrived. | oo. Crops in Northwest, | The crop situation in the North- west will bear careful watching| ‘from this time on by those who are, jinterested in the market. There is a decreased acreage of 2,000,000 acres in wheat in Minnesota and the Da-| kotas. Because of the excessive| rains rust has appeared and a call , has come from North Dakota for aid in destroying the grasshoppers that have hatched out in thousands of} | acres, | " 8 6 Ex-Representative Jefferson M. Levy, who has conducted may big deals in| | Wall street since he refired from Con-| gress, 1s on his way to Europe to attend the Coronation, He accompanted John |W. Mackay, Colorado Fuel Meeting. The long delayed meeting of the) directors of Colorado Fuel and} Iron has been called for June 26. It is probable the meeting will be held |in Denver, The date of the meeting {es the same as that get by John W. Gates for sailing for Europe. Be- cause of the alleged discord in the relations existing between President Osgood and the Gates faction there is sald to be policy in fixing the date |for the meeting. * * 6 J. Cordier has deen elected a di-| rector of the Hanover Natlonal Bank UP IN MINNESOTA The Women Know How. Food, and Good Food, 1s the right LONDON MARKET QUIET. Ing orders were scarce. American Railway Shares Active securitte trading was auite active and geniiment! LIVERPOOL, South Afric thonally lower, juat was steady. The loca! cotton market opened easy | Hame—Shor to-day, with prices unchanged to 6|bacon, firm; Cumberland. c points lower, The nervous selling Wa8| jong clear middie Wy most radical and far reaching in the | the et result of reports that, rain [jie ea Petite ‘a 0} with more forecasted for t # morrow. After the call or a shade from the opening, and support- ‘he opening prices were: June, 8.85 Tuy, 846 t August, 8.16 to September, 7.87_ to 7.88; October, cember, 7.73 to 7.745 sanuary, February, 7.73 bid; March, and Prices Hardening. market for American ratlway London to-day was the only $$$ in the whole market. The| Liverpool Grain and Provisions, 21'—Closing— @ . 2 red Western a dediy bullish. Prices were sub- | Wheat— ced ov r inal figures ‘| anced over tae final NEUFES | SHANGYR Ep: Herdenay very dui . 1 California, no stock; fu- aging was of a order. | July, 68, 11 1-41, ; September, Wining shaves were fra - its. 21-44.. Corn—Spot, quiet; American The gene al tone through-| mixed new, és. 9d.; American mivea old, \5s. 94.: futures nominal; July nomin September. bs. 1 8-td.; October, Bs. 1 1-44. ‘ y fork, firm: prime mess Western, 78s, é 0 16 Ibs., fi H ———— The Cotton Market. cut, 14 868.; short rib, 16 to 24 Ib: to 301 long clear middies, heavy, 3s short clear backs, 10 to 20 \ 6a.: clear bellies, 14 to 15 Ibs. houlders—Square, 11 to 18 Ibs. quite generaly in Texas, ces wel O’Neill’ el Ss Sixth Avenue, 20th to 2Jst St. More Big Values al. for Monday. Ihe Watch for Our Advertisement in the Morning Pagers of Monday. “O'Neill’’ Advertising Never Se Baldness ; And Cleanse the Scalp of Crusts, kind of foundation to build good ealth on. A Minnesota womalt writes, “I thought I would like to tell | you of the good Grape-Nuts has done jfor me. “Last winter I got sick and kept getting weaker and weaker. I could ot eat anything but some crackers nd a little cup of beet tea for every | meal, then I was put on Grape-Nuts | land used it with some cream for |breakfast. My stomach got strong gradually and before I had used three packages my digestion was so good | that I could eat any kind of food, even cabbage, pastry, etc., and I) notice that my memory is very much | better than it used to be, | “On the 5th of July I weighed 102 pounds, and two months later, after using Grape-Nuts, I weighed 122 pounds and was‘able to do my house work. | “This Is a good, honest statement \of facts about Grape-Nuts and you can publish my pame if you like,” Mre, EB, Frederickson, Centre City, Delicious recipes for warm weather dcaserta In ‘gach. pashage’ Of” repe- 9 , the t ski fk eserving, purifying, and beautifying the Ge cleansing the salp of crusts, scales, and dandruff, stopping of falling hair, ings, in the form of baths for annoying irritations and inflamma- tions, or too free or offensive perspiration, in the form of washes for ulcerative weaknesses, and many sanative, antiseptic purposes which readi!y suggest themselves to women and mothers, and for ail the purposes of the toilet, bath, and oursery. SOAP contbines in ONE SOAP , soap, and the BEST toilet soap in the world, Appears in Sunday Newspapers, Scales, and Dandruff by Shampoos with £ a \ ff? And light dressings with CUTICURA, purest of emollients and greatest of skin cures. This treatment at once stops falling hair, removes crusts, scales, and dandruff, soothes irritated, itching surfaces, stimulates the hair follicles, supplies the roots with energy and nourishment, and makes the hair grow upon a sweet, whole some, healthy scalp when all else fails. 4 Bs Millions of Women USE CUTICURA SOAP, assisted by CUTICURA ind the x soitening, whlening, and soothin, rough, and sore hands, for baby rashes, itchings, and chaf- ) CUTI at ONE PRICE, the BEST skin ind Internal Treatment for Every Humour, $l. KOT CUTICNRA BOAR, to cleanse the shin of crushes nnd soften the thickened cuticle, Cut say Me hin, al, and Cer the Uioou, The Set Bl. cure ive sos torturing, diesguring aoa fend Diood Lumoure, with .o9s of hair, woen all © A throughout the ‘w Dish Depot #744, Charternouse 34, London, French Depot. 6 Rue do la Paix, Paris, Forres VACO AND CHEM, CORF, Kole Props, Boston, U.S, A, ’ r u Dosied) are anew, le