The evening world. Newspaper, July 12, 1902, Page 2

pores rere aes * “RINGERS. LED STOCK MARKET. Decided Strength | “privilege” operators in the world, [has just concluded a bear campaign Shown by All the Western Railroads on TRADERS WERE CAUTIOUS: Bull Movement in Rock Island Continued on Reports of New Deal by Moores—Amal- | gamated Copper Weak. . Professional influences entirely} @ominated to-day’s market and the| fluctuations of stocks either up or down were actuated by them. The known operations of money,) fn which New York was a heavy loger to the interior because of the current demands from Chicago and Boston to meet the pressure of the Gates corn corner, indicated a poor bank statement. When the statement was {s3ied, how ‘ever, it proved to be much better than was expected. The margst closed strong. | ‘At the opening prices were irregular, | the uncertainty over the monetary situ- ation and the bank siatement causing | “the trading to vary with whims of the | professionals. The bull movement in Rock Island ‘Was continued on substantial reports that the controlling interests were ar- ranging for a big deal with the St. Louls ©& San Francisco, which would give the Moores a #ysiem of nearly 8,00 miles, all of it directly competitive with the| Gould lines. | Through Sub-Treasury operations the Joss to the banks was $3,644,009, while th) interlor movement took away more than $2,000,000 more. which had the effect of making the time money rate stronger, with an advance of about one-half per | cent, compared wiih the preceding week Although the weather map showed clear skies everywhcre and Ideal crop and harvest conditions, the trading was restricted in volume. he Granger group advanced in nearly Ali ts issues, and decided strength wae shown in Atchison, St. Paul, Rock Isl- and and Missouri Pacitte, London was a strong buyer of Atchi- on, and this fact lod to a decidedly ag- gressive movement here. Missovr * elfic was absorbed on all offerings, Because of the lack of news from the anthracite section, pressure developed in Reading, but It declined only fraction- ally. n the industrial list the bear demon- stration against Sugar was continued, but the loas was not pronounced. Amalgamated Copper was weak on discussioa of the reports showing poor, earnings last year and the practical con- cessiona that the dividend rate could not be increased. Less support was given ihe steel es by the syndicate, and they w slightly lower woa! ——<$—<— BANK SURPLUS LARGER. Increase of $2,142,175 Shown by the Weekly Statement, | The statement of the associated banks for the week ending to-day shows: Loans Dee. f pete iis 44..107,000 ‘Ctreulation . Legal tenders . Boeck | sonally conducted. i#aving his of- Good CropProspects. | 1. ine veteran speculator plunged Reserv De Reverve 7 De: Surplus . Ine 75 | THREE LONDON FAILURES. Suspended Brokers Were of Little Financial Importance. LONDON, July thien brokers—i Walter H. Well and A. W. Hort were announced to-day. Whey were not traders of importanve LONDON MARKET DULL. Ton Firm Americans, but ‘Trading Lig ‘The London market to-day was dull throughout. The general tone was heavy and @ little uneasiness was felt over three additional KamMr failures There was no change in these srcuri- | |business Jan. 1. It will get the tles, and the worst ts thought to be over. Trading in the department for Amert can railway securities was very light ‘The general tone was firm. Prices were New York. SHIPPING NEWS. FOR TO-DAY Hell Gace Ferry... PORT OF NEW YORK, ARRIVED, "Progreso. Hal vteton + Civite Vecchi ' INCOMING STEAMBHIPS. DUE TO-DAY, ty ‘he, Le Canadians Liverpool. OUTGOING BTEAMSILIPS, BAUD TO-DAY. y miwerp. odalind, Newtown i Hnihadephve, Por Xajenci * Carli yba, THE WORLD: SATURDAY EVENING, JULY ATL THE LATEST NEWS OF THE 1902. WORLD OF BUSINESS | | White's “Bear” Campaign. “Deacon” §, V, White, who di- vides with Russell Sage the distinc: | tion of being one of the largest against a curb ctock which he per- into the wihrl of the curb and of- fered for sale big blocks of the stock he was hammering, When it reached the figure that satisfied him he quit the hurly-purly and retired to his den. eee ‘The acquisition of the Arkansas and Choctaw road by the St, Louis and San Francisco is an !mportant step In the Gould plan for the exploitation of tho Southwest, It is the first Bast and West line to be operated by the ‘Frisco through Indian Territory. It serves the fertile valley of the Red River ‘The road coat the Goulds $5,000,000. oe 8 Pierce for President. , Winslow S. Pierce, leading counsel | for the Gould system and recently GOSSIP IN AND ABOUT WA LATEST FAD IN John Gaffney and M. Lebargy Revive a Fashion of the Middle Ages. LL STREET. CEILING TRUST STEEL WAISTCOATS ARE THE GAY PARIS. HOLDS UP CITY, |Grout Gets Evidence of Com- bination and Calls Upon | Attorney-General Davies to | Begin Prosecution. Comptroller Groyt came out against |the trusts in a communicatton to Attor~ | ney-Gener John M. Davies, in which he charges that Chapter 600 of the Lawe of 1M! has been violated by the Metal Ceiling Trust." He si | house, elected President of the Western Maryland Railroad, is soon to be! made President of the West Virginia | Cntral and Pittsburg Railroad. | snis is part of George Gould’s plan, for making the Wabash a great! transcontinental system. He 1s also endeavoring to secure control of the old South Pennsylvania line as a connecting link. For the first time in the history of the | ‘Treasury Department money has been transferred from the Sub-Treasury at Chicago to another potnt, Fifty thou- sand dollars was shipped by the Treas- | ury at Wahington New Orleans against deposits at Chicaro. This is | one of the effects of the July corn corner, Moar. Afier Professional Litigants. Professional litigants In Wall street, who have made a practice and profession of harassing big corpora- tions by instituting “strike” suits opposing projected plans of the cor- porations, fear that there {s trouble! ahead for them, There are indica- tions from yarlous quarters that the day of the professional litigant In Wall street is going to come to an end. An entirely novel plan of at- tack, or reprisal, on the part of some of the big institutions concerned is to follow the ‘striker’ market operations, where he has any, and to run him to cover. This form of | or three of the professionals. . Frank 8, Hyatt has resigned as Vice-| “squeezed” by Gates, are long on President of the National Exchange | September corn, Bank, but he wil! still remain as a) discovered that member of the Board of Directors of) short 10,000,000 bushels of the Sep-| ‘tember contract grain, and they ex- pect to turn the tables on them at| that time. It is admitted by the Gates Railroad earnings are the most contingent that !t is short on Sep- important factor in speculation now, | tember, but no admissions will ve! Be Good and Reform, for the! independent of the crop and mone-| made as to tho extent of the short-! tary conditions, For the fourth) age. | "| week of June thirty-five roads re- the Institution ee Big Raiiroad Earnings, port gross earnings of $8,374,906, which is an increase of $627,726 over | pros Invt year, or 8.) per cent. For the|in the growing of su | month of June thirty-eight roads |™anufacture of bert sugar | report a gross of $31,416,523, which | is an increase of $1,762,103, or 5.91 per cent. over last year, For the —The failures of| fiscal year ending June 30 the gross Gould Ally of Vanderbilt A. McKullo*h. | earnings of thirty-seven roads are| given as $404,085,986, an increase | have developed a “community of in-| over the previous year of $31,684,475, | terest” feeling which hus led to very or 8.51 per cent. In May the gross| heavy | earnings of seventy-one roads were| Northwestern issues for the Gould! This latest combination has the thwarting of the} jambitious plans of the Moore Bros. The Moores are after Chicago and Northwestern bs nearly have tt $75,928,332, an increase of $4,225, or 5.89 per cent. Official announcement is made that the Lackawanna Steel Company, the | $40,000,000 rival of the United States Steet | Corporation, in which the Vanierbilts are heavily interested, will be re, for all the equipment work of the New York Central and aMiated lines about nt yesterday's final figures at) Withdrawals from Steel Suit. Vicehancellor Emery, of New- restrain the bond conversion plan of | the United States Stee! Corporation. The sult now stands with only per- sons of comparatively small influ-| ence in the financial district as plain-| ¥ a | Uffs against the big corporation. The |:ies was slightly trimer on t plans for improvements to plants,; Quotation ove Maverpoa! | which entail an expenditure of $20,-| Mnertca + Pein Amboy | 000,000, still remain in abeyance| UU einigaa | Preding a decision by the New Jer-| gh Gal sey courts, This is expected next | Us! Monday. New York Central's report for the month of June shows earnings of $5,803,- corresponding month lant year, Its earn- ings for the fiscal year, however, are $70,800,000, an Increase of $4,486,000 ala ha Bach Action Corn Corner. There {e a vew turn In the July corn corner which the Gates-Harris- the Chicago market. The ‘shorts,’ led by Armour, Cudahy avd Kau! John Gaitney, bullets of unseen king in. dark | ce to wound | medie Francalse 9 the fashion of t) They appeared a few day ago at a dinner in the Amer! In steel walstcoats. WV new garments are reprisal has recently crippled two) somely embroidered and dazzling affairs, |the principal uso to which the Lebargy, of the attempted to return Terpont Mor- | ism to beware a arts dandies. | 100 Gen, Electri> OH, WICKED TRUSTS! STAND FROM UNDER! They claim to have the Gates crowd CLUB WOMAN Will Catch} You Don't Watch | Out—B ig Movement Started, A new development in the sugar war announcement golng to engage extensively ar beets and the | with tackling the stand- reported to have bought se fanms near New Palt begin operations th regulating the and will ltax rate. x stores and Institut. kle the trusts. erlty and confi- sublime they are 4 question that has W. K. Vanderbilt and € purchases of putting the trusts out of busi- i ness Its probable that the clubwomen 25, | I solve the Latimer myst {for its object Aiscover Charley Roxs, out of the Philippines Billy Patterson, K. Vanderbilt to eat with him, All “On April 29, 1902, a voucher was fled in this office by the Pollce Department in favor of Henry 8. Northrup amount- ing to $434 for metal ceiling tutnished |to the First Precinct Police station- Attached to the said voucher | are found bids for the performance of the sald work which were submitted by jthe New York Metal Ceiling Company, the Brooklyn Metal Ceiling Company, jthe Berger Manufacturing Company, Coburn & Dodge and the sali Henry |S. Northrup, all of whom presented the uniform bid of $484. “The unanimity of prices in the sald proposals caused this office to institute an Investigation in relation thereto, and from information obtained it would ap- pear that the metal celling companies have formed a combination and have agreed among themselves to act ag a metal ceiling wor “Winile the act of comblaing parties in question does not 1 In any respect the cont them with the city, and pa claim now on file in this office can be withheld, yet It is felt inc to the fi of your consid compliance with the provisions of sald Chapter 690 of the Laws of 1599." eee THE QUOTATIONS. acts as ays ee | Bim | wo" | 000, pt 1,400 Am. Smelt. & Ref 100 Am) S & Ret be 8.00) Am. Sux 1h) Aim. Sugar pi 1,000 Anaconda 25,400 At. 7,100 At., 200 Can. Pe 1.00) Ches, & Onto 300 Chie. U. Trac 14,700 Chic, AMI & StF 4/000 Cle.) Tt. 1. & Pac 160 Chie. Term’ & Tr 100 Rransviile @ 7! 1 0) Geo. A. Fuller Co. . Fuller Co. 9 2 H PREC RS sts Be eee PSE 10M, Sty Pa 88 100 Mo., Kan, & Te: 200 Mo. Kan. & Tex. pt 19,400 Mo.” Pacific 10) Nat. Mot 1 x vy 10H Tol, StL, & Went 200.1 B_ Cast Iron Pipe 400 Un, Dag & Paper " ann ‘The total sales of stocks were 197.100 sharee and of bonds $1,900,000. ————— The Wheat Market, mains but Mt- them to do but solve the problem |had not hurried home from Europe they would have dominated the last directors’ meeting. “8 | cost George Gould $5,000,000 and in | addition won an entrance into St Louis over his head. iould bankrupted the Moores in Dia- eek, N. J., has signed the order per-| mond Match, | mitting Russell Sage and Hopkins | | Bros, to withdraw from the sult to to have done already ment against the trusts had and other large ns have been In matod that the move Six years ago mont will bh there Is a we CURB MARKET STEADY, say It fa unique, but Northerm Securities Fi y have sent out. Publicity will play prices ragging as yosterday’s ¢ yoaitions In the societies and clubs of na for the active ato a a New York who have r iubds and Pres MILLION-ACRE DEAL, One of the largest land deals of rec years has been closed In within the week Detroit-Mackinac land grant bo sold to a Detrolt | of land tn Northe 02, which Is a decrease of $39,497 for the | bigan owned by The price pald tA, Keyser, of The bondholders in New Xork yester- Ried contingent has been running in| day were jubilant. ‘The boags hay, welling around @. ‘Phe wi “A FULL PURSE NEVER LACKS ‘The advertiser who reo The wheat market to-day openod weak and inactive. A fine weather map was a bear feature, There was considerable demand later for September, which sent that option up fractionally, Cables were bearish and foreign houses sold a little wheat here at the start. Corn was mod- erately active at the opening and frac- Uonally up. Now York's opening prices were: Sep- if ber wheat, 78 6-8 to 7k 3-4; December, iTS ottered; May, 81 bid,’ September %, ago'a opening prices were: July when Me 12: May. 763-4 nominal; Bep- tember, 73 5-8 to to 721-3. July corn, December, 47 78 to 47 1-2; January, 4) 443-6 44 Let. cloning, prices wer Bi 81 1-4 nomi bid; December. Corn 1-2: Beptember, 65 1-8; De- cemb: os nominal, jcago's closing prices were: Wheat if 1 5-8; Bep- er. y ", 44.14; September, #1 3- —————- Liverpool Grain and Prey VERPOOL, July 12, ~ Closing oat—Spot) firm. No. northern tpring. 6a, 44/; futures steady; July, @s. September, 6, 38-84,; December, Gs, 36-84, Corn--Bpot firm; American mixed, 6h; futures, nominal; Septem- ber, bs. 81-4; October, bs, 34 Pork firm, Prime mesa W: 88, 64. Hams, short cut, 4 lo 16 pounds, strong 06 Bacon, strong; Cumberland out, 26 to 9 pounds, H64.; short rib, 16 to pounds, Sie. 1s clear middles, ight, 28 10 1 pounds, a,;, long clear middles, heavy, 3 to #0 pounds, Sie; short clear backs, 16 to 2 pounds, xonterday | FRIENDS,” Ognizes the value of Sundry World Wants wever lacks @ full perme, Ee eee eee ABRESTS REDUCE MINE DISORDERS. Hundreds of Citizens Volun- teer as Deputy Sheriffs in Disturbed District — Presi- dent Mitchell Going West. (Special to The Eventaz W714.) WILKESBARRB, Pa, July 12.—Presl- |dent Mitchell, of the Mine Workers’ Union, will leave here late this afte |ncon for the West. He will go direct to Chicago and will be in Indianapolis by | Teesday, Wholesale arrests by constables pro- tected by a large force of Sheriff's depu- tles have moderated the rioting in Car- bon County, where Sheriff Gombert was refused ald of troops. Hundreds of citizens of the Panther Creek Valley, from Tamaqua to Mauch Chunk, have Joined in the effort to sup- press acts of violence. Fifteen arrests were made last night and warrants are out to-day for fifty more of the men recognized during the numerous attacks upon the workers. Pat Sharp, said by the company ofl- cials to be the leader of the mob, was arrested night on the charge of ighway rosbery and fs mow in jail wt Mauch Chunk a CHICAGO TRUCKMEN QUIT. unit in fixing prices for performing | for two soft-bolled Men Went Out as Individuals to Support Freight-Handlers. CHICAGO, July 12.—Practically all the ruckmen in the city engaged in freight teaming refused to work this morning pending a settlement of the frelght- handlers’ etrike. The strike Is simply @ cessation of nb) that your attentlai should be directed | work by the men as individuals and bas in recited as worthy |Nnot been sanctioned Ly their unton. tion in enforcing @ | peta ae The Cotton Market. ‘The local cotton market opened steady to-day with prices 2 points higher to 3 | points lower. Sentiment in the early | trad Ing Was about evenly divided, Enk- lsh cables were builish, but were offse High Yaw. Close | by hard rains In Georgia, Local shorts | Were uneasy on rumors ‘that Philadel- phia iongs would siip thelr cotton to Europe instead of delivering 1c ¢ tract. After the call, prices were a ight's bids, were: July, 8.69 to September, 8.12 ; November, 7.4 "AUREL BUT to Bis Beptemher, 8.11 ust, 8.47 to 8 tember, a.8.12) October, 12 to Tair Noverber, ; December, 7.82 t 0 7.84; February, Market CECIL RHODES’S WILL | Provides for Proper Food for Students. Cecil Rhodes in his late will left a ‘bequest of $50,000 for the improve- ment of the high table for resident Fellows and tutors at Oriel College, \Oxford. “I am rejoiced to find that one 2 millionaire has at last given some {thought to the question of dietetics lin educational institutions,” says Elizabeth Cady Stanton in the New York Journal, “One of the crying evils in our schools, colleges and universities is ‘the bad system employed in feeding Mil Deiaware, a corporation with an authorized capital of more than $100,000,000, has undergone a practi- | cal reorganization, and Wall Street | has just learned of it. | H. Content & Co., who have heen leading in the litigation of stock: holders against J. Edward Addicks and his faction, confirmed the report of the change of officials to-day. ‘According to them J. Edward Addicks, the Delaware Gas man and millionalre promoter, has resigned as President and has been succecded by J. Frank Alice, jewoller, of Dover, Del James G. 5! y has been elected Vics President; W. H. Miller, rTeasurer, and John F. Donahue, Secretary. ‘The Bay State Gas Company was or- [ADDICKS IS NO LONGER HEAD OF BAY STATE GAS, — +44. The iy State Gas Company, of €anlzed Addick oo sh In 1889, te original capital was 1,000, This hits been Increased Umes, until it is sald, there $16,000,000 of capital shares elther fe. sued or authorized Whatever property it may have in the Roston gas Meld is ued up in Httgation, cad the courts of three States have deen. Aypeaind to by various litigants The stock was siricken from tho Ist w York Stock ago, and is ot the 1 hange sev- now dealt In on u Its quotations there yesterday were 134 bid and 2 asked. H. Cortent & Co. sald: “We hav further details, We ave told that aie 8 resigne that Mr. Alice m the Inst stockhold- but we con't know when ‘as held. According to our Intest Informal dhe company. now hag outstanding 08 Tw of stock of the Dar valu ho a total of si60.tonome Of growing boys and girls. “Students, above all other classes, | need plenty of good, well-cooked food | and a happy state of mind in an- ticipation of their various meals. “Dyspepsia is one of the common | diseases among the literary classes, | d the foundation for this prevalent ailment {s laid in our colleges and seminaries, Of what avail is a knowl- edge of art, science, philosophy and government when health is seriously | \undermined?” All this comes from ignorance as | to the kind of food element the body | must have to supply the daily loss from brain work. Bacon, meat potatoes, white bread and coffee ab- solutely will not keep a hard brain worker well. A food expert perfected a verfect food for brain worker | Not only in the schools but in the home should the food be looked after. | The necessity of selecting food to! *lsupply proper nutrition to replac the daily waste of tissue of brain | and nerves is of the greatest import- iv ance. Grape-Nuts is the ideal food for young and old who use the brain actively; the diastase of the grains being perfectly developed and the starch transformed into grape sugar in the most perfect manner, In this condition, Grape-Nuts is! ready to be quickly absorbed into tho | blood and tissue without taxing the intestinal digestive machinery, The phosphate of potash found in the) cereals is retained, and this, with al-| bumen, supplies the elements re- quired to build the gray matter in brain and nerve centres. | Dr. Max Groszman, of New York| City, recently called the attention of the Board of Education to the fact that “pupils of the defective class are apt to be weak physically, Tempor- | ary aberrations ave often mistaken for real defects, when they are only} symptoms of physical growth, of in- ; |digestion or other maladies, Indigo: tion has been responsible for more than one falsehood, and its cure has often been followed by a return to} truthfulness. In Sts predigested form, the daily use of fa for the cereal part ‘of the meal, alds digestion, nour the body, tones up the nervous sys- “Item and quickens the mental facul- ties. Coffee should also be banished, for {t unnaturally stimulates the brain and nerves so that proper nutrition is interfered with and they cannot get sufficient rest to take the food needed for the work they must do trom day to day. For the morning ‘beverage, Postum Food Coffee should | be used in place of coffee, Let the daily breakfast, particularly at this time of the year, consist of Grape-Nuts and cream, a little fruit, | ‘a cup of Postum Food Coffee, some whole wheat bread and possibly one It is impos. hible to make one belleve what a wonderful in health, strength | | ity comes IONS of Women Use CUTICURA* SOAP, assisted by CUTICURA OINTMENT, for preserving, purifying, and beautifying the skin, for cleansing the scalp of crusts, scales, and dandruff, and the stopping of falling hair, for softening, whitening, and soothing red, rough, and sore hands, for baby rashes, lions > itchings, and chafings, in the form of baths for annoying irritations and inflammations, or too free or offensive per= spiration, in the form of washes for ulcerative weaknesses,, and many sanative, antiseptic purposes which readily suggest themselves to women and mothers, and for all the purposes of the toilet, bath, and nursery. CURA SOAP combines delicate emollient properties derived from CUTICURA, the great skin cure, with the purest of cleansing ingredients and the most refreshing of flower odours. No other medicated soap ever compounded is to be compared with it for preserving, purifying, and beauti- fying the skin, scalp, hair, and hands. No other foreign or domestic toilet soap, however expensive, is to be com-- pared with it for all the purposes of the toilet, bath, and nursery. Thus it combines in ONE SOAP at ONE PRICE, the BEST skin and complexion soap, and the BEST toilet and baby soap in the world. Complete External and Internal Treatment for Evory Humour, Consisting of CUTIOURA SOAP (26c.), to cleanse thé skin of crusts and scales and soften the thickened cuticle; CUTICUKA OLNT! cura (hoe,), to instantly allay itching, inflammation, and irritation, Gooike and heal and Curicuna RESOLVENT PILLS (25c.), to A SIN Sud cleanse the blo T e@ Set Bil the most wrturing, scalp Srorld, British Depot. 21-2, Charterhouse ‘and ett ‘with lose of hair, eT 1s often suMelent to cure grr suring, and scaly” ak ben ai Clee fais, Bold. throughout ety ndon. French Depot: 5 Hue do 1 Paix, Paris, & DRUG AND CHEMICAL COMFORATION, Sole Props., Boston, U,8. A. containing beyond bumowr cares, and Resouyant Frits (Chocolate Coated) are a new, tasteless odourless, cconomioal the celebrated quid CUTICURA RESOLYENT, ips pli equivalent to ove tenepoontul of liquid Kxsoviear. Fut up ‘well as for all otber blood er of doses as ofc, of lig via rice 260, CUTICURA PILLS aro allerative, antiseptic, tonle, and di: ive, “tha purest, pweetest, mows successful and economical blood and iin pusldsee ‘Winjordlgaatives vet oouei Shady Spots to... Spend the Summer. Mountain, Leke, Seashore | and Farm Resorts. The World’s Vacation Bureau, 1381 Broadway. When ordering bookleis by mail stamps must be inclosed to