The evening world. Newspaper, August 7, 1902, Page 2

THE WORLD: THURSDAY EVEN. G, AUGUST 7, 1902. MINING TOWN SEIZED BY NOB; MEN BEATEN. 800RiotousForeigners Patrol Tamaqua, Pa., and Force Workmen to Return Home. ALL NON-UNION MEN FLEE Clash at Shenandoah—Strik- ers Throw Stones and Fire at Troops—Foreign Miners Drill with Guns. TAMAQUA, Pa, Aug. 7.—Three hundred strikers, mostly foreigners, to-day patrol.ed the streets of S.m- mit Hill and made an effort to forve all workmen to return to their homes. For a time the town was In a riot- ous state, Non-union men were com- pelled to fiee tor safety. Thos: who were captured were roughly handled. Sheriff Gombert, of Carbon Coun- ty, says n6 is unable to prevent riots, and Gen. Gobin, commander of the National Guard stationed at Shenan- doah, has been advised of the situ.- tlon. —_——.—- TO CUT OFF EARS, SAYS A MINISTER. (by the Associated Press.) SHENANDOAH, Pa., Aug. 7.—Rev. Charles Edwards, pastor of the Pres- byterian Church, and formerly State President of the Young Men's Bible ' Society, said to-day that young men in his congregation, which is made! up principally of mine workers, have informed him that the foreigners have determined to cut off an ear of every man who returns to work, 60) that they will forever be marked as unfair workmen. Mr. Edwards says his young men are in a position to know, and he be- lieves the story. The foreigners ‘think this is the easiest method for preventing attempts to break the strike, ———_ RIOTERS SHOOT AT STATE TROOPS. (Bpectal to The Evening World.) SHENANDOAH, Pa., Aug. 7.—An Company A, Tweifth Regiment, sta- tloned at the Pennsylvania de, ot. Several men crept to within a stone's | throw of the troops and hurled a, went on a strike unexpectedly this volley of stones, which did no dam- | morning for an eight-hour day. A battle of cobblestones followed age. The company chased the mob) from the hill from which the stones had been thrown, but all of them escaped. During the charge some of the strikers fired shots, but no one was hit. of ‘This {s the most serious attack Commissione yet made on the soldiers, The es- town tele how long cape of the men and the fact that the soldiers did not fire will likely encourage rioters to further reck- less attacks, Miners Drill with Guns, Much importance Is attached to the fact that former non-comm ott cers 10 the Russian and A re drilling hundreds of 4 sion by troops. The have nearly all served two 5 army at home and gli! posse knowledge, Most of them are armed and pistols, which a eoateed faaaly ae BOME gveu! Be Weins vaeate and quarrymen, wonk between who remained at was seriously hurt. ‘As the final decision reducing the time p rests with the J | the meetings of Coleman for their me re ers upon the passed by the glye ground. aa” Gobin made this statement to a: | There will be no foolinhnens, | violenve wilt be sup at-! parley with & man whe shoots at the camp, They will fire, und they will aim to hit. DiMdcult to Stop Drilling. At will be dificult to ste for that will cause fricti be attempted, but the tor the dri 1 w 80 on guard in the sections of the where It takes piace will be incr and a Vigilant watch will be kept upon jonditions, When the strikers were asked this morning why they dr they laughed, and said, "Oh, just tor oxere! MAY RAISE ST.PAUL DIVIDEND Mtockholders Urge that Common Should Pay 7 Per Cent. faduaritt jal wtock: pressure to bear, | © Bourd to induce the dircowrs to incre: P 9 the dividend on the common stock to ane Will be held in Milwaukee Sept 0) i rr Hen a rate am and that at ester Prevent rice "Tor. the stock the rate y Get» Loan, 0 Life insurance Com Tae annual meeting of the st. Pari STOCKS QUIET ON THE CURB. to the Central Healty On the property situated| of Meventh ave [Aol Aisha ff Yacw7 RACES AT CROTON DA. 3, Steam-Drill| Men, Engineers and Quarrymen Laborers, a 300 Atch.. nh, The entire force of laborers, steam-! attack was made early to-day upon 4rj11 men, locomotive engineers and including 550 Croton dam, the strikers and the work, but no one he strike may last yy weoks have Park Reservoir Decided to Force Ins) Leader Among THE “OLD GUARD" NEVER SURRENDERS OR TAKES A VACATION. tony ‘psue) S00 Amal 100 Am 405 Am 3 540) Am, Bomar Top. & 8. thy ente 2.000) € at un) Nat - _OPENPOWER SUIT “WITHOUT POWER H \iaanine Is Continued Despite the Absence of the Complaining Speelal Examiner Richard A. Mabey, d States Circuit Court to- continued the hearing In the suit of Peter Power to restrain the North- Northern Securitles Company. r Mabey called the names of John G unswered to his 1 e hearing be ad- taken Into culstony or sh rowid make his » the hearing In the ring ehould » roceed lence in the room | by a general] And Iron. On authority from the West 1 HeWspaper man, repited the| Call money waa quoted at sult] in time money ne w ate, Leme | NEW MANAGEMENT FOR ROAD p his client's case " Tenlied the witness OW heel Me 80) Wisoon, “Cal 9 Wil eptral Bh (ola) walon of a wed of bonds were bullish, | tempera: | og Company, | ty 0! Decem | May, adet to r New ¥: ils, Maye A. | whoat, Bis | i CATES ACTIVE IN THE MARKET. Big Operator’s Men Push "Jp Louisville and Nashville and List Follows. IN A DEAL WITH GOULD, Colorado Fuel Fight Takes on New and Interesting Phase —Manhattan Still Holds Firm. Under the stimulating Influence of the Gates-Harris-Hawley combination, Louisville and Nashyvil the market for most of the da venced beyond M&—an extreme level the stock. i ‘The entire market was fairly ant- mated the greater portion of the diy, and, without important news from any | source, gathered strength and impetus and added volume as it went along. Its most reassuring feature, apart from the splendid weather conditions in the Northwest, was the activity shown | by London. It was the principal buyer o¢ Missouri, Kansas and Texas issues and a heavy trader in Atchison and | Southern Pacific. Its large orders had a stimulating effect and revived a| drooping tendency here, General List Good. ‘The strength of the general stock list was very aptly Mlustrated by Manhat-j tan, Under the adverse conditions of @ threatened strike, with al] the conse- quent complications and losses which such a disturbance entails, it lost less | than a half point and was firm at that. | No apparent halt in any of the Gould railway stocks was caused by the im-| probable story given publication that | a strike on the Manhattan “L' would involve all the Gould roads. Southern Railway, which has not had @ good agitation since the Western con- | Ungent “handled” 900,000 shares of It in a few hours spectacular pit perform-| ances, crossed the 4 mark to-day and for a tmle sold higher than the common |stock of the United States Steel Cor- oration. Southern common pays no dividend at Jail, while at its present market price, Stéel common returns to the investor a ite more than 10 per cent, it ts one of the puzzling vagaries of Wall street | that such inconsistencles are to be noted right along, | Gn the strength of an excellent June | statement LlInois Central led the pro- cession of Western, substantial galn. ‘Th fiscal yeur Wus correspondingly beter than the monthly report Outside Interest Grows. | There was a noticeable improvement | in the orders coming to commission | hou ul Of outside interest inspired deal, Ings In-many heretofore neglected 1ssues. | ‘Standard Oll brokers who are known | to represent Rockefeller's interests and} to act under his orders were ne princi- | pal buyers of National Lead, This drew but the inspired story that the Lead Trest und the OU Trust would have soon that “community of interest ' | whish follows the absorption of the | aker by the slronge! {tWas reported. that the Lead Com-| is about to decome identified with | y lead combine which has been | in process of formation for weeks | Discouraged by the evident firmness | of both miners and operators in the an- | thracite fleld, there was some lively selling of Reading by its holders. Strong supporting orders revented at 67) and the sellers we ned Among the Industrials’ Copper and | sugar we: actically neglected and Mmportance in elther were insues were decidedly that the rae to ition i Gould with Gates, An ontirels ew tuen wie @l test between the Gates and Mone tor content of Calerado. wae uld is be It was state Jorn est | the ts ie could Ho Grand jand ’ i ne 1 " market w for demana| Sivs and which was quoted three and there was \staten tatand rie In Now the Hichmond Street Ratlway. ALBANY, N.Y, A The Rich t Rathwa moans, of Rich re rallw taten Island > 8. Reed owkirk, Hay D Rohert r Heviland. New York: and John B. Summerfe Yo) raw Reliey. J i market to demand for diet on t selling, due ther advices at the opening, but Sentiment, was about trading were 0 ThE to 335 to 1-8 Cormn— Joes were: Wheat Beptember, 64 91-8, ‘Corn siomber, OA G-8 10 mM wern: De ’ Th M8, "December, were: Auguat Decendber, 67. 7 core 63 6b; Me UBE to ALL THE LATEST NEWS OF THE BUSINESS WORLD. GOSSIP IN AND ABOUT WALL STREET. Hit at the Goulis. An official announcement by Presi- \dent Loew, of the Baltimore & Ohio, states that on Sept. 1 all relations between the Baltimore & Ohio and tho Western Maryland will terminate. After that date all freight hereto- fore turned over by the B. & O. to the Western Maryland will be dl- verted to the Cumberland Valley Rail- road, ‘This is the latest phase of the war between A, J. Cassatt and George Jay Gould, representing their respective great railway systems, now energetic rivals for business east of Pittsburg. This blow is finan- cially a serious one to the Western Maryland, which the Goulds have just purchased. They plan to get even. o 8 6 Senator W. A. Clark, the multi-mill- lonaire, announces that he has satisfac- adjusted the route for the San Pedro, Los Angeles and Salt Lake Rall- ~ road out of Southern California, There will be no further compilcations. oe Risks on Morgan’s Life. London bulls who are purchasing American securities at prevailing figures are reported as taking out heavy insurances on J. Pierpont Morgan's life. ‘The American finan- leler, who will return to his Wall street bailiwick next week, has more ‘risks dependent upon his physical well-being than any other man in America, It is sald that even in England almost as much life insur- jance is carried upon him as upon King Edward. . . OMcial announcement is made by J. |P. Morgan & Co, that up to this time no action has been taken looking to dividend declaration on Reading first preferred. ‘This 1s additional proof that the voting trust will not be terminated this year, . eo. N.S. Litigation Slow, The slow progress of the litigation in the case of the $400,000,000 North- ern Securities Company is somewhat discouraging to the men who have millions tied up in the Morgan-Hill plan for evolving a transportation trust large enough in its scope to in- clude the whole United States. The case of the State of Minnesota against the combine cannot be finally adjudi- cated for months to come. It will be probably a half year before the de- cision can be expected in this case alone. Litigation in other phases of the fight against the merger may take even longer to settle. eo ee The Cleveland and Pittsburg Railroad has declared the regular quarterly divi- dend of 13-4 per cent. on its guar- anteed stock payable Sept. 1 to stock- holders of record Aug. 10. oe. Reading Awaits Morgan. Reading directors will meet imme- diately after tue arrival of J. P. Mor- gan from Europe, and it will then be officially decided whether the divi- dend on the first preferred stock shall be declared or passed. If the latter action be taken the tenure of the voting trust will be indefinitely continued, the Morgan combination will remain in control and the real ownership of Reading will still be a mystery. It is practically assured now that the dividend will not be de- clared and that the trust will till manage the property. + & ~% The action of the Unton Pacific and Southern Pacific in ordering steel rails abroad is said to be due to the desire of B, H. Harriman to get the improve- BRITISH FAVOR SHIP COMBINE, |Government Said to Have Made Terms with J. P. Morgan—New Vessel Built for Trust Chartered. LONDON, Aug. 7.—Replying in the MONEY DEMAND WILL SOON BE FELT Rates Will Go Higher When Crops Begin to Move East— Not So Plentiful Now and Western Banks Short. The prealdent of a leading Wall etreet House of Commons to-day to a request | bank says of the money market: of Lord Charles Beresford for assuranc that no binding agreoment wouli be con- cluded between the Government and the ment being approved by Parliament, the Premler, A. J. Balfour, said: “There has been enough inquiry among Western banks as to their needs for money for the next few weeks, to and this tangible evidence of a /shipping combination without the agree- give us a fairly good idea of what we may expect from the money market. “It ts claimed that west of Chicago, “I do not think it possible to negotiate especially the fer West, the banks have on this or any other subject If the pro- no money to lend on crop movements, posed terms are to be publicly discussed while the Central West banks have very before the Government has ugrsed to tittle. them. The Government, however, 18 ‘Thig means that the principal most anxious to take the House into its will fall upon the New York Moe [confidence at the varliest possible mo- ‘This should be felt In about two weeks, ment." | “The demand this year will be greater Mr. Balfour's reply has particular in- then ever and Roe enn asent thay terest, as Belfast despatches to-day an- Wil do materially higher, someaain ee nounce that the Government accepted call loans. i J. Plerpont Morgans ofer to give the The time money market well reflects Admiralty claim on all the combine's the Judgment of mow bankers in regard to money for the next six Liesl ‘As evidenco of the acceptance, it Is “It is fortunate for borrowers of stated that the Government has char- money that stock ulation Is Inactive. tered the Corinthic, the first wf ullt There ls not enough money to carry on for the combine. which has Just been an active stock market speculation at completed at the Harland-Wolt ya nauirles made show that belief is gen- card in maintaining @ strong financial eral that J. Pierpont Morgan's offer situation.” practically “has been accepted by the Government J. S$. Morgan & Co., when asked con- derce M. Frett Chosen, od cerning the reported agreement, adoot James M. Pratt has been appointed same non-committal attitude as the Secretary of The’ Fifth “Avenue. ‘Trust remier, Mr, Balfour, in the Hopse of Company. He succeeds H. H. Swasey, Common who has resigned, * $750,000 SOUGHT CUBA SENDS UP * BYLONDON RECEIVER)» TARIFF RATES, No eee ola mica | WASHINGTON, Aug, 1.—The State moe Te ime |Derartment 9 advised by Miniater and Hobert Leman w recover $750,000 ty he = that the Cuban @enate has. c mh t10 with Oye transactions be jaurberined ithe zixecutive tp. ini A connection hare en | low! % ween the British-America Corporation | sport Gutles to the following maxi and the falled London and Globe FY- ance Corporation, Limited ae ich is ios hale lini i i che sere bai rgd aa bee eer | Coal, % cents per thousand kilos. Rte ‘ pt | Pino lumber, 40 per cent. | | 3 to prosecute the directors of the London Globe Company for malfeasance. Stearine beef in cans, fresh beet, fresh “he city, however, Ix displaying the! mutton, st beef, jerked meat, hams, the London and) herring, coffee, cider, beer, 60 per cent. dnd the de- | Hate, 60 per cent. Prosecutor act 18) Butter, Mauors, vine, 7 per cent, social pett-| | Poultny. fresh ‘pork,’ salt pork, bacon, on ‘threulating onthe Stock | tard” ehceses cokaenmed, mike,” wheat, x ch nme, he delgned by many influen-! flour, coaneh, nice alimentary pre- ti vee Ue prom utton of! serves, ee a peas, onions, a sidered | potatoes, © ic ‘oo per cent. nan ita te Blog mamma 02. per cents gation of the “London and Globe meth- Abas REF ag menta completed as soon as possible and his inability to get the orders quéok- ly filled here. . Vanderbilt Ready for Them. On every occasion of market im- portance in New York Central the old story is revived of Henty C. Frick, W, H, Moore, J. H. Moore, John W Gates, W. B. Leeds end Daniel G@. Reid, the Rock Island heavy sextet, buying heavily to revenge themselves upon William K, Vanderbilt for his snub in refusing them representation on the Northwestern board at the last meeting. To-day a New York Central authority, close to Vanderbilt, sald: “I understand the Western group, so called, is buying New York Central. T hope it is true. It will tle up some of their surplus cash in a very fine road and will not in any way hurt the Vanderbilt influence. W. K. Van- derbilt gave the Westerners a pretty good idea of his style of doing busi- ness at the Northwestern meeting last spring, and if the nervy set from Chicago want another object lesson in New York Central they will be ac- commodated.” For the fourth week in July the C., C., C. and St. Louls reports a gross in- come of $570,803, which is an Increase of $38,298. For the month the total was $1,567,473, a decrease of $28,722. Rockefeller Buying Oil Lands. The millions of John D. Rockefeller and his associates in the Standard Oil Company are being discreetly placed in the ofl lands of Texas, Re- ports which come from exceptionally good sources indicate that experts acting under orders from the Rocke- fellers have for weeks been quietly at work in Texas selecting the best properties and carefully avoiding comment. It is suggested that when the proper time comes it will be found that the Standard Oil Trust has the Southwestern ofl field firmly in its grasp. SKIN TORTURES (Sob all Forms of Itching Humours Instantly Gin GS and Speedily euRED BY GUTICURA, Complete Treatment ($1), onnsieea of CuTicuRA Soap, to cle skin of crusts and scales and so! fenthe thickened cuticle, Curicuna Ormrt- MENT, to Instantly allay itching, irritation, and inflammation, an soothe and heal, and CuTicuRA RE- SOLVENT PILLS, to cool and cleanse the blood. A SINGLE Ser Is ofen sufficient te cure the most torturi disfiguring, itching, burning, bleed- ing, et Oa crusted, and pimply hu- mours, when all else falls. MILLIONS USE CUTICURA SOAP, ‘Aasioted by CUTICURA OINTMENT for beautify. Ing the skin, for cleansing thescalp, and stop. b of falling hatr, for softening and whiten jog the hands, for baby itchings aud rashes, ths for annoying irritations and chadngs, te iee es nine perspiration, for many sanative, antiseptic purposes which ‘Suggest thomsclyes to women, and for all the Purposes of the toilet, bath, and nursery Curwuna RESOLVENT PrLLs. (ghonoiase Coated) are a net loss homicst substitute for thp celebrated tquid pe ly b RaDOL Tear, be we ae 04 8) ree A aaty jng 00 doses, prioe 250 ‘260. Fate ey wise) Owner bel tn Probably the full extent of the mone to the public by the company wil r be known, but tinanc now estimate it at ‘The Notations for reaponaiolo agerogated 01. with the 6 mous capital of $111,770.90, and with all these companies are which Wright was iter! Economical Illumination, The arc light service of this Company sup- eithes xn Vaildation. “have been uogorh-| Plies the Cheapest known artificial illumina- ¢ defunct | What th holden Her ant Gant tte cata | thon, and the light is of highest quality—a, he wamaained from of tnenouncemest| perfect substitute for sunlight. mbe Will receive only 5 per cent, and that nothing remains for the LONDON | MARKET FIRM. The London Wcmar tre to-day was firm throughout, The favorable report re- garding the King’ & weneral Improvement fh ail depart-| New York, on reque: ments, Money is firm in active de- mand and leading. banl pect that arehold~ Alter September first the maximum price for incandescent and arc lighting will — be reduced from twenty cents to fifteen cents a kilowatt hour, Large discounts are made when the daily average use of the lamps’ exceeds two hours, An agent will call, or we shall be pleased to condition har causal S@Nd you our list of Electrical Contractors of et fsa be we mailed) THE NEW YORK EDISON COMPANY, if ne department for American rail- war wweoutitles sn aainw WAN moderate) Mattver the. fabewvernent tn ton GBNERAL OPPICES—55 DUANE STREET, dC ialese wate sate Offices, Contract end inspection Department va Mad Ag Baral TR oils Se" eam