The evening world. Newspaper, June 30, 1902, Page 2

Germany Fears Wall Street. spectal taxes which will not exist at- Germany's growing distrust and| ter to-day in which the speculative @islike of Wall street are plainly}and financial community is inter- ©tenown in the daily decrease in trad-| ested inehided that on banking con- xchange Con- ve pt the Mar- lems ined Steady ON Ww AS EXPECTED ing * News from id Helped ‘to. Keep Up Certain Railroads veloped Strength. <Rews from abroad sandition of the King |‘ ‘shown by Lon- every day by big houses. Germany's shyness of American stocks and its unfounded reports of alleged condi- tions are charitably attributed by Buropé means trouble for'it, . . . . Steel issues were lower in London to- day, due partly, it was sald, to attacks on the bond conversion plan made by @n iAnierican lawyer who now resides ponent of the plan from its Inception. eee Henry H. Rogers to Testify. An agreement has been reached b; Montana Ore Purchasing Company, whereby Henry H. Rogers, President of the Amalgamated Copper Gom- "jpany, will take the etand when the hearing is resumed before Commis- sioner Klein at 220 Broadway, on July 11. For six months the Mon- tana Ore Purchasing Company has vainly tried to subpoena Mr. Rogers. He will testify on that day and will be followed by William Rockefeller. . oe The stockholders of the United States Steel Corporation amet in adjourned weasion at Hoboken, N. J., to-day, but no action was taken, The meeting was held antiolpating a decision in the bond commission suit by the courts. oe War Taxes Off To-Morrow. Wall street’s interest in the War Tax repeal law, which goes into ef- fect to-morrow, is pronounced. A me aa cperea ht te tem money ra’ nee and the effect of the Tallways, notably South- jj sapee es, ‘and in the first about shares of the dine aiaee taken for Lon- year tax which Uncle Sam voluntar- ily relinquishes July 1 1s pald by those who do business in the street. The ke, and Reading was pur- ‘on the reports of weak: bunts rmer ibe prevailed in the anthra- ny large per cent. of tne $70,000,000 a! ing in American shares both {n Ber-| cerns, which paid $50 In addition to lin and here, Reports with a German | $2 on each $1,000 of capital; on*brok- origin, which freely predict that Wall} ers, dealers In grain securities, &c.; street Is on the verge of a collapse, | wtamp taxes on issues of atock, de- and that investment in the present| jiverjeg or transfers, sales or agree- condition of things ts the boldest kind | ments of sales of stock; of speewiation, are nailed to the mast. taxes om persons, firms, companies excise and corporations engaged in refining petroleum or sugar. «me ‘Thomas W. Lawson in @ bullish etr- 1 street to, its jealousy of our/entar on the copper situation saya: ig] supremacy and a well-| “Has any entefprising financial publl- grotinded fear that our invasion of| ation printed the details of the City Hank paying out between $25,000,000 and $40,000,000 for stocks of companies out- aide the State of Montana?” eee 200,000 Miles of Railroads, Statistics recently compiled show 4m London. He has been an active op-| that the railway mileage of the United States has passed the 200,000-mile mark. Within the last six months iets miles have been added to 155 ¥ilines, making the total mileage the attorneys in the sult of million- 201,839 miles. Track laying has been aire E. Rollins Moree against the cerried on this year in forty-one States and Territories. The complla- tion also shows that no new mileage hes been laid in the States of New Hampshire, Massachusetts, Rhode Island, New Jersey, Delaware Wy- oming, Nevada and Idaho, The total for the twelve months of last year ‘was 5,222 miles, and this year’s rec- ord to date indicates that it will eclipse last year's figures. eee Production of gold in the Cripple Creek district for six months 1s $13,936,- 362, an increase over last year and the jargest output on record. Treasury's Gold Holding, The Treasury, gold record has at- tained the highest mark of the fiscal year—there being $558,634,596 of gold coin now in the Treasury—and Treas- ury officials do not exactly know what course £o pursue, Outside of the $100,000,000 gold reserve Uncle Sam doesn't like so hoard the yellow metal to the point where Its col- lection at one point threatens to in- terfere with or in any faint ak sect the vast financial and interests of the country. parr ait terest payments. Most of this was intended for New York. * . ee President McDoel, of the Monon, that the earnings of the road for the fiscal yéar ending to-day are thé largest in the company's history. Arrangements are complete for hulléing the eompany’s coal road Into Southwestern Indian: soe Extending Southern Railway, J. Pierpont Morgan to-day added another line to the Southern Rail- way system, which he is building into one of the five most powerful railroad groups of America. The South Carolina and Georgia Exten- sion Railway, which runs from Cam- den, South Carolina, to Marion, North Carolina, is now under control of the Southern system. By the acquisition of this road Mr, Morgan gives the Union Pacific officials, with Edward | H. Harriman as the leading spirit, have | decided to spent not less than $12,000,000 in bullding a cut-off road into Sait Lake which will make the Union Pacific Ine between Denver and Balt Lake City shorter than the- $20,000,000 road which Banker Dave Moffatt, of Denver, j Just financed in New York. Distribute $130,000,000. | The great banking and financial In- atitutions of Wall street made out checks to-day for about $130,000,000 tn addition to their regular bustnese. These checks wiil be received to~ morrow by investors as profit pay-| ments of interest on bands and divi- dends on stocks. ‘The Interest and dividend payments for July break all records, They exceed by $10,000,000 the amount paid last July, and they follow payments in January which ismashed all previous records. Divi- | dends on railroad stocks will aggre- | |gate $22,253,960, and on indugtyial stocks $26,781,030. The interest on railroad bonds amounts to $55,729,150 and on Industrial bonds $6,736,820. has | # fag end disaffection among the min- THE QUOTATIONS. at ————_ PPenney.venia Railroad and New. Hiah, Low, Clos Hk Central were decidedly strong and - ot the ‘buying in these shares 2 & Foundry, & Foun, pt am Twine Ice Co. 5 lee Co. pt Locomotive melt. & Ref Saolt, & Ro y ovident purchase by investors. Were Neglected. 1 group was practically Gand tow rot Hehe innuos showed ot hat Obnbey wa was ‘fairly steady ea to. devolope the predicted man ; American ice was lower and| 1) An ong nf RuGrass Twine showed a detid-| jy) Any Arbor thn % ring tendency. Tae At “Akon fon and aviadian Pacific were) fo Att wat, pl diy HN OS ofp strong, the former on the claim that] "fo tak & Odto vi it Ant fupmiant St. Paul os a market 500 Brooklyn, ae ‘Tran... % Se » and the latter on heavy pur- from London. “Texas and Pacific had a temporary Hively boom on reports of better weather Sonditione in Texas and the South, 12.900 Cans Tan Pacite & Ono. shange in rates ang with only volume of busli ‘The advance in Paris check rates with- jout any corresponding advance in local Sarlles rate, makes the margin wider between the ha Srosent rates and the gold ae Sears bia f Rank loaned $10,- feast & 000 on cata at 4, 6 and 6 per cent. At SO os call waa loaned on 308 43 $504 an 42m WHEAT STRONG IN CHICAGO. feavy Rains Helped to Make Bull Market—Corn Unsteady. CHICAGO, June 30.—Tho deluge of rain and the still clouded sk{es monopolized @ At iu) Dul, 8. 8 & At, pe attention in the wheat pit to-day. Un Hy refuses to say whether he owns the Hi g der the influence of numerous réports ock or turns the Wyidends over Shout ° valent te tna New ere a)98: of flooded wheat fields September wheat somebody else. In fact, he refuses to, 0h eee at y eo Seneca: opened 7-8 to 13-4 higher at 731-4 to AB discuas the subject at all. one os andgfurther advanced to 7 ater Thote was mome diMlculty in finding | 2h, specula outlook is strength: Corn, Wke wheat, was under the in ii ‘ ened by the assurance of cheap money fluence of the rains, aith City. Southern Mr Cutler because his name ts not in ¥ Suaalpulated condit! ‘ f the City Directory, ‘The an ink Infor the next few weeks, An early re ion kept the mark Ps Sine Cli iteclane publlahect ae ro iat | duction tn the Bank of Enginnd rate 1s “ie gure oar ‘was the selllog of the latter Nase tatncs on anit PARRA Kee y "the bull clique clude residents of Staten Island in thelr | = — Date were active and sirong on the| iomin eat and Mr, Cutler ilves on Staten! Liverpool Grain ana Provistons, woather, buying being general ut the| 120M. BLP. & pron 7 okey YMseP a soar = Melee | LIVERVOOL, June 39,—Cloaing= ae s clearing up of the mostery #ut~ Wheat-Spot-—-No, 1 Northern pring wh roundhig Bertram Cutler es > lmtendy, 68, 11-84.; No. 1 Califo f ™e pat Market, other mystery, to wit: OB, Catler holds Ales Latin teeta BY The wheat market to-day was strong Jobn D. Rockefeller's stock, who holds 21-24. Corn pot quiet; oa and active at the opening. Much ex- Andrew Carnegic's stock? amaricarh inlined (Raw ki: bd. prican E eitement prevailed in all the markets, AHVOriEAN mlROR ARN, Ha Ws i Amerionn especially in corn, Wheat was up 5-4 a Sse cea a ures firm; July ” no al; Beptember, 5s. 3 5-84. x. mi the atari and oora wae bid up rapidly FOR MAX COHEN’S FAMILY. | pocic im prime meen Western, Tis va rom. 8 on Beptember, without plas Plumer yao tener . 3 sales. All outside markets were stro) han es rs AN et vt cut, 14 to 16 Iba, a Sd news from very RoUrce Was bulla Consnibysinne Mase’ By Spartans ; Cumberland out, 2 ening 70) Rep. 8 10) Kaliway Steel "Ser 0 ee) Sor. pe Pacific Rathway vs, Ohicago's opening rises were sluly. 78 7-8 to J. B84; Dect tember, to 143 n Wheat 731 400 Le 400 AL & BY. tet pt 1.100 8. Lous ow OM. Te BOW wf + Rope & Twine Wheat—July, Susy B58 ld 8 pA! i 6 DL H ne a ith ember, 69 8:8 offered; Ao pier Hy ptem we to Ws Maps We hh win chy RF ag a8 hy ioe 1M) Tein Oi aa TIS el Toveela HUN JOE 104% Phe Cotten Market, oe § (Phe dooal cotton market opened barely ly today, with prices 4 points to 5 points lower. A demand the market was feverish, were better than fi Mt Points 08 ON | BERTRAM CUTLER MYSTERY GLEARED i | Young Man in Whose Name}: 123,976 Steel Trust Shares Are Held Represents John | D.Rockefeller,Not Carnegie. ‘Tho identity of Bertram Cutler, whose name adorns the records of the Steel drew Carnegie, as a despatch trom] Pittsburg alleges, but he i a clerk tn the employ of Jobn D. Rockefeller, and w every day—in room 1,409 In the Stand- ard ON Building, No. 26 Broadway Mr, Cutler has reached ¢h age of twenty-one, any, by Mr. Rocket of Bertram Cutle A modest young man ts Mr. Cather Readers of The Evening the money previously re by ¢ Evening World, acknowledged and delivered to the family Cohen, Ad, Monroe street, ympath: nA Bchaefer street, Brooklyn, $1) "'D,' vA. KB Makes the skin soft as velvets Trust as the holder of 128.975 shnres of preferred stock and 2 hares af} mmon has Ho ts] not the niidential se of An- ound to-day where he can be found mature Me has been sone {years with the Standard Ol ‘The London market to-day was cheer f, Rockefeller regards him highly y | RO RKeEARE seg arte D m hBNY-] fal and moserately active throughout, | popularly. supposed to. be qwned | 2¢ten the foun holidays. Confidence was stands in the name of Max which wae destitute aad about to be evicted from it# rooms ae ise, 250 The Kvening World ac- knowledges the receipt of the following further contributions for the relief o Hi phi tordny, beating Munyon’s Witch-Hazel Soap Keeps Lady and Baby Sweet as Roses. CURB MARKET DULL. | Outside Trading Were Nominnily Unchanged. | Summer dulness struck the curb mar-| ket hard to-day. hore was very ttle Price in inquiry for stocks and the extent of! trading was exceedingly small | Prices were nominally uy nged. San co 48 wore lower, being offered vorthern curtties were firm at io 18 bid. Quotations at noon for the active] stocks were: San Franoisca .. San Prancisco pt San Rraucisco ds I White "a F i [hay “State Light and LONDON MARKET STRONG. American Securities Firm at New | York Parity. | greatly restored by the King's rapid re-| American allway department} active, Prices were In the trading was falrly : short rib, 18 to 24] ; long clear middles Naht.| strong, Sia. éd.; long clear strong, 616. ; 16 to ® Ibs., strong, Su. Od. clear bellies, 14 to 16 Ibs, strong, |S. Shoulders—Square, 11 to 1 strong, 44 saad oy 4 f 1% fo H Ibs. middles, heavy, 8 to 40 tbs. jshort clear backs, Doherty W English Tennis Tithe LONDON, June 9.H. |. Doherty won the all-England lawn tennis champion: | A. W, Gore, See and’ ssn, 70" she ft holder, by 3 More sootbii } ry hd than any lotion, liniment or salve; more gee ly’ Por Bale Bverywhere, Price 18 ot, harder. PRO ABOUT WALL STREET. FRFECT tf TRAIN FIGHT FELT HERE, Government paid out $461,477 -in in-} Excitement on “Produce Ex. change in Sympathy with Gates—Cudahy Contest in Chicago—Prices Advanced. The conflict at Chicago between John W. Gates and is Meutenants and the Cudahy faction over corn and wheat Was reflected on the Produce Exchange to-day. Attempts by shorts in both the corn and wheat pits to cover, created excite- ment and added strength to the market. It was reported from Chicago wnat both Cudahy @nd Armour interests were short on corn and that the Gates fac- tion had millions of bushels at its com- mand. Corn was bid up rapidly, and in the wheat pit wheat opened higher vanced. Th heavy rains reportes the winter wheat section and the corn belt was the feature of the forenoon, It eclipsed talk of the Gates's alleged Boerse to-day had a hesitating tore, but the undercurrent was firm. Can: Pacifics and Transy: red eke somewhat Mines opened higher, was not maintained to, the clo ——— Cyria B. Welles, private wecretary to the Secretary of the Navy, has resigned © and will accept a position with the Na- wees fonal (ity Bank, MAY SELL BONDS of the Jersey Courts. Stockholders of the bond conv pending littg poned for two weeks. the scheme impracticable. sd ad- from chase the desired to retire. TO BUY UP STOCK. Possible Plan by Which the Steel Corporation May Get Around an Adverse Decision the United States Steel Corporation were to have held a special meeting to-day to formally ratify ‘sion plan, but in view of fon the meeting was post- Financlers interested in the plan to re- tire $200,000,000 of preferred stock and substitute $20,000,000 of bonds, say that the plan will be carried through even if Jersey courts declare the present ‘They aesert that all that fs necessary is for the corporation to sell the bonds outright and use the proceeds to pur- preferred stock which it ds corner. Southern the shortest connection be- =a caccmeeee tween Asheville and Charleston. Tone of Berlin Boerse see BERLIN. June 30.—Busiaess on the CAS T OR IA nadian For Infants and Children. but thi Bears the Bigne rite O’Neill’s THE FIRST CUT-PRICE SALE OF Her Majesty's Corset EVER ED IN THE CITY OF NEW YORK. All on ce remarkable pice oO SIXTH AVENUE, 20TH TO 21ST ST. Thousand Five Hundred Pairs of THESE CELEBRATED CORSETS price quoted below. of this season's production, Diamond’ Sateens. and Black; Sizes 18 to 33. . 2.50 to at Pair. ene | AB? ——————_{-—— * 8 6 description, O’Neill’s Sixth TeoOery 20th to 2ist Street. A Timely Special Sale of Dress Suit Cases If you have decided to spend the Fourth out of town and are not yet equipped for the trip, this little Ad- vertisement will interest you. Canvas Cases. Regular 1.59 grade, now.. ., Leather Cases. Regular 4,00 grade, now, ,, Both sizes, 22 and 24 inch. » KOCH'S LYMPH INHALATION = CANDY AND TRBERCULID Asthma, Bronchitis, Consumption. CIAL FOR MONDAY. The Kind You Have Always Bought | We have just purchased from the PRINCESS OF WALES CO: Two and have placed them on Sale, at the extraordinary. The assortment comprises three different styles, all absolutely (Perfect. in shapeand finish, and all They are made of very fine Drills, Coutils and The colors are White, Drab Never Before sold in New York /or less than .75¢ Regular 2.69 grade, now,.., 1.98 2.98 Regular 5.00 grade, now, ,, 3.98 Regular 7.50 grade, now,., 5.98 Also Specially Attractive Valucs in Travelling and Steam- er Trunks, Bags, Hampezs and Travelling Requisites of every | || Store Closes Daily, Except Saturday, at5 P.M. When the Store closes on next Thursday, July 8rd, it will remain closed until Monday, July 7th. During the months of July and August the Store will close on Saturdays at 1 Midsummer Sale of CARPETS AND RUGS A Semi-Annual Clean-up of 30,378 Yards of Carpets OT a mere Remnant Sale—mark you that; though the movement ineludes a splendid remnant sale, as its secondary feature. But, primarily, this is an offering of really immense quantities—as, witness the total actual figures above, which are aggregated by immense numbers ‘of full pieces, and in some cases up to twenty Sull pieces of a pattern! Enough, in most instances, to cover t ihe largest floors of rivate homes, and hotels, too. There can be no uantity- disap} pointments, as is common in most so-called “Carpet: Sales, Se for those who seek floor-coverings in this great Midsimmer movement. variety of carpet is included—Axminster, Velvet, Body Brussels, Tapestry and lh n—all of the very highest character, in the various ides, and all in profuse variety of patterns. For these AMPLE QUANTITY lots th t he new prices: Be; now 550 Second grade of Tapestry Car} Third grade of Tapest Test All-wool Ingrain. Carpets. ‘500 Extra heavy quality Ingratn ( , Se; NOW GOC Then here are the facts of the Carpet Remnant Sale in which lengths vary from 5 to 80 yards in a piece, and prices shorten as the length le sens Eine Axmninsters at €0e to s1_a yard a yard 400 to 50 a yard 40c a yard Wilt vel al Other Velvets, 50c to And there are thousands of yards here, too; but you must bring your room dimensions along, to buy to advantage. Then there is another branch of this movement of intense interest to people with Summer or city homes— The Clean-up Rug Sale Including a large number of Oriental Rugs, as well as Domestic Rugs, in Mnes where sizes are broken; and to buy certainly aud to best advantage you'd best be sure to know ‘the measurements of your rooms before you come. DOMESTIC ,,,,°3 RUGS 4 They goods at regular prices Smyrna, Axminster, too many s!z65 > comprises all rugs in whieh the or patterns ure dropped. and prices me eases 63 1-3 per cent, in quality and style They consist 0 “Ades; e story. about two hundred fin and Am The abo’ | | We have culled from our lai | ORIENTA and fifty, i of the best grades, condition; and they | show a Ve redui one-third from | RUGS Revie a ey ‘Again, there variation in size | Teer ae tee pur it is a. dec ‘ ot be overlooked by now er n | Serene feAvithout down! the {floor coverings that we have ever | ageentbied at any one time. Superb jstterns, ample quantities, best grades, ana Hii prices. Phe movement conunands the attcntion of all housekeepers interes ested in large and positive e°00 afta beeal JOHN WANAMAKER Formerly A.T. Stewart & Co. Broadway, 4th Ave., 9th & 10th Sts, An Exceptional Purchase and Sale of | Embroidered Swisses. A recent purchase of fine printed and embroidered Swisses, in Linen colors, at far less than regular value enables our offering this very popular, stylish and de- sirable Summer fabric At 14c. Yard. Its usual selling price is 29c. There are about twenty-five designs in all—in Dresden, Scroll and All- Over effects. These embroidered Swisses are unques- tionably among the handsomest American Cotton Dress Fabrics shown this season. cvimpsonCranjordCo. 1Gth to 20th Street, Sixth Avenue, WEAR DIAMONDS. LOOK PROSPEROUS, FORCE YOURSELF TO Open ount 4 ny of our three RETAIL HRANC HES: ra Eve aaded sn ur old eetablished WHOLMSALE business, in DIA- MOonDs, WATCHES and Jewelry. You do not necd any cash, aa we od W CREDIT SYSTEM whic! W in strictly confidential. No employer's roferences required, write or telephone a D L. W. SWEET & CO., LRADING CREDIT JEWELLERS, iden Lane (Stor d DROOKLYN BRANCH, 467 FULTON 8. (Opporite Matthews’s,) to sult everybody, Call, DIED. oot his Tealdence, 24 Castelo meer o hy 1 a 4 A HUGH MUNPHY,, aged 69 year ‘unerel on Wednesday, July 2, 1908, ‘Set 10\ finds it through Gunday, fen Manley