The evening world. Newspaper, August 22, 1902, Page 2

THE WORLD: FRIDAY EVENING, AUGUST 22, 1902. ALL THE LATEST NEWS OF THE BUSINESS WORLD. STOCK TRADERS TAKE PROFITS. Expected Tightness of Money Prompts Liquidating in the Market. GATES CROWD UNLOADS. Colorado Fuel the Spectacular Feature, While Southern Pacific Booms on Keene's Home-Coming- wiquidption was the feature to-day on the Stock Exchange. It was pronounced and open and Inclined to spread to most of the issues. Bellef that the next ten days would prove crucial ones for the money mar- et and that the interior demands crop ‘money would cause a stiffness in | money rates added to the desire to) take profits. | Disappointment over any quick de- yelopments following Mr. Morgan's re- turn was another factor in the day's business, and it was in a large meas- ure responsible for the pronounced de- crease in the volume of trading. Bull Poole Felt. i Bull pool in the specialties, notebly (Western Union, Ontario and Western | and Southern Railway, kept the profit] taking within reasunable limits and | made the general list strong in tone. In spectacular exhibits Culorado Fuel ‘and Iron was easily the leader. At the market opening frightened followers of the Gates contingent threw their hold- ings overboard. Regardless of losses, they sacrificed thelr stock for whatever they could get for it, This was in the first hour. Later) Mt steadied and regained some of the/ heavy losses | Big market operators were close stu- GATES CAUGHT IN _[G0ssiP In WALL STREET TRAP JUST HOW 210,000 shares common stock at 200,000 shar ld at 01,. wat hundred thou- sand dollars was Wall street’s esti- mate at noon to-day of the losses Three million, four sustained by John W. Gates and his coterie up to that hour through their attempt to secure control of the Col- orado Fuel & Iron Company. When Gates plotted his big gam- ble his 1.tention was to oust Chalr- man Osgood and the latter's board of directors at the annual meeting on Aug. 20, take over control of the property and turn it Into the United States Stee] Company at a pretty ad- vance over the price that he and his nssociates had paid .or control. All this was calculated to send the market skyrocketting, and there were millions in it for the Chicago crowd, who had loaded up with 200,000 shares of the common stock. THEY GOT THE WRONG END. Rut this time the hero of the corn corner and the Louisville and Nash- dents of the money market, and they did not hesitate to say that for the next two weeks a temporary stringency 1s} liable at any time. ‘The activity of the pool which right now is prominent in Southern Rallway Jed to & pronounced impression that (his particular siock ws being strongly | hulled now In order to let che Interests in Louisville and Nasfville realize hand. | some profiis, while the stock ts around the mark, Ontario & Western was Ints to-day on the advanced over strength of its | two reported forthcoming alliance with Cane | adiaa Pacttic, but on, whieh should | be well vd on C. P. matters, was | vance a feavy sei in fn the carly | etional ed yeturning confidence he and the other Goutd | Y owe Without any pro ent either way tomorrows bank state inigal nut plove entirely: satista- Gove a damper apen most of t that to-morrow thy Bloveiwedt soneercing Ch her Bes ch” $14,000,000 vond issue. complied by vy i & Co. tov James w) ye made public tended to then the stock langily dealt ia on the belief y tthe tit ‘avure and Mr. Keene w Wall t street alm v of th stern speculater has suifeved rverwh: ing deieat by 7 elgn e doling money higher to-day. As a It the price of sterling exchange was | barely tend Call money rates were 3, 31-2 and 4 per cent RAILROAD 100 YARDS LONG. PITTSBURG, Aug. 22—A schwne to Dlock the Wabash from the big mil dis- tet of the south side came ts Ii when it) wa announced hat « Monongahela, Allegheny und Ohio - road Company had been formed. to build a line from Garson street to the Monon: | xahela Rive | ‘The distance {s less than one hundred yards, but the line traverses ground ch the Wabash must cross if itis to ri one of the two mportant fre centres of the city. T artered at Harrisourg some time but the fact was not made publi he new line will be located on the property of the Hendersou-Johnston Company, a warehouse firm. G. W. ¢ Johnston, of the firm, 1s prominently identified’ with the River and Rail ‘Terminal Company, a warehouse Gate proposition, ‘The construction o the line would completely bar the en- irance of the Wabash to the upper south side, he said The Pittsburg and Lake omc Who have been heading the flabt aguinat the Wabash lately, deny all knowledge of the new road — SEW WHISKEY TRUS A plan is on foot, with leading Aller and whiskey men pushing It organize another whiskey combine, It is clalmed that the outside distillers of Kentucky and the outside spirit dis Ulleries of Ohio, Indiana and Il'inoin €an be brought together, and that good prices can be pald for ©. Out making the capitalization nearly as wrest ae the recent $16,0W,0W Lond issue of the trust, What is currently kovwn t# the Greenbaum pian te considered, =@ plants only to be purchased, not the mit The original owners’ of the ‘distilleries are thus to be made pi ih ent customers and affording an ow P fet for goods, which, it is claimed, the dine to 4 has not. The plan furth lateresting leading Joby eountry ——- - | Fanuyns TO CO-OPERATE, Phe Farmers’ National Co-operative uge Company, which has been lopmed with & capital of $50,000,000 to a8 she producer in holding his for # favorable market, Ie the ger years’ work by Hamilton Red Ook, la The plane faassO Call bus vide companies in at Acar ee] Pie fares ely, door en yi \them h plant with. | ville coup got hold of the “Hot End.” The gentleman who passed it to was Chairman Robert E. Os- good, of the Board of Directors of the Colorado Company, He had his Board of Directors pass a resolution declaring that all stock transfers jwould have to be registered under the laws of Colorado, also that the secretary would have to keep a stock list for the registering of stock and Of all instances where the stock was put up for collateral. As this had not and could not be Mr. Osgood’s kind friends from a Colorado Judge an infunctlon deferring the an- nual meeting until the law had been with, Result: No annual of directors; done, one of secured complied meeting, Osgood & Co, still in control, and Mr, Gates, Isaac Lambert, John J, Miteh- no onsting LOST $3,400,000. +-—$—$__——. His Scheme to Control the Colorado Cost Him and His Crowd $3,400,000. GATES é 000,000 ++ 18,200,000 14,800,000 pares... ell and James Blair, who journeyed to Denver with him, holding the empty bag. DOWN GOFS THE STOCK. On Aug. 14, the date when the in- junction proceedings were tnaugur- ated, Colorado Fuel and Iron was at 91. It broke one point, and four days later, on the granting of the injunc- tion, came a slump of five points. A break of five more followed the pass- ing of Aug. 20 without an annual election. Of course every point drop meant a loss of $200,000 to the Gates fac- tion with its 200,000 shares. Then some one began turning the stock loose In Wall street and the pounding carried the price down to 783-4, the lowest point touched to- day. Wall street is wondering whether the Gates crowd {8 unloading in 5. .e of their assertions that they will hold out and smash Osgood if they have to hold out until Saratoga be- comes a Sunday-school resort, Wall street is enjoying the joke on Mr. Gates, who with all but 40,000 shares out of 220,000, cannot get contro! of the Colorado property and canot let go without dropping millions. GATES TO THE CouR’ A member of the firm of Harris, Gates & Co, sald this afternoon: “We have made application for a dissolution of the Injunction deny- ing the directors of Colorado Fuel and Iron the privilege of cating a meeting. “Until this application granted or denied we shall do noth- ing. “We are not vuying a share of Colorado Fuel to-day, The support is apparently the result of shorts covering. “The stock will go lower, howev if our applicatior is not granted.” During the afternoon there was a steady but slight reaction in Colorado Fuel. Offerings were heavy, but were | freely taken, and the market recoy- ered by slow stages from the bottom rock price of 78 8-4 to 77 1-2, which was a point and a half in advance of the day's opening price. READING DIVIDEND, Wall Street Hears That Voting Trust Will Likely Remain in Power — Meeting Next Wednesday. divectors of the held the will be A mecting of Reading Railroad Wednesda At this meeting action on the dividend on the first preferred stock will be taken. Jt is not definitely known yet what J rpont Morgan and the other two avers of the Voting Trust have de ed upon If, however, the directors at Wednes vay's mesting vote the semi-annual div jdend of 2 per cent. on the first pre ferred the Voting Trust will by that curse be abrogated and the road will timed over to the stockholders. It is asserted by interests clone to J.P. Morgan that the fnances of Read Ing have peen so affected by the anthra ite strike that it ts considered best to next Pp m | WEAVERS’ STRIKE OVER: MEN LOSE. Four Thousand Strikers Go | Back to Work on Uncondi- tional Surrender and No | Change of Conditions. ‘The weavers’ strike in North Hudson and Jersey City is practically over, Four ‘thousand of the strikers have gone back to work on unconditional aurrender. | They were from Poldenbard mill, Jersey | City ‘The strikers held a meeting this morn- jing at Hefliph’s Hall, just across the West Hoboken lne, and decided they had better go back, Only twelve of their number, Italiana, who were boisterous taken’ bac! not employe! wor refised to recognize any of the demands | and the conditions are precisely those Which existed beforehand. Swarzentack, Huber & Co. and the Hoboken mill are running with y. and the Ciifton Silk Viey say that all the mills will be run: Ning full force by Monday The Poldenbard mill put in forty-six new looms before the strike was on, m0 is oither with 0 out’ of {0 looms manned. | Hold Stock Baek, It is said that J. P. Morgan has practically decided not to place the securities of the $200,000,000 Atlantic Steamship Trust on the market for some time. Mr. Morgan believes that, temporarily at least, the public sub- scription might be slow, because of the stagnation in the ocean steam- ship business. It is quite probable that the securities will not be of- fered to the public until he has brought about changes in the busi- ness which will mean a sound basis for them. It is said to be the espe- cial pride of the big financier to have jall his vast enterprises ‘going con- cerns” from the hour they are open to the public as investments. “8 6 Stockholders of the Baltimore & Po- tomac Raliroad have voted to merge with the Philadelphia, Wilmington & Baltimore. A new corporation to com- bine both roads will be organized with a cipital of $25,000,000. It will be controlled by President Cassatt and his associates of the Pennsylvania, « . . | Thirty-third Degree for Gould. George Gould is said to have been selected by John D. Rockefeller as cligible for election to the directorate of the Standard Of] Trust. At the next annnal meeting of the company it is asserted he will become a mem- ber of the very close corporation known as Mr, Rockefeller’s business family, Admission to the select cir- cle of Rockefeller'y Standard Ol board is the thirty-third degree in financial circles. Many knock there for admission. Few are admitted. John D. Rockefeller is so nearly a billionaire that he can choose his business associates with care. He does so. The fact that he has selected George Gould for one of his directors ig distinctly a feathor’in the latter's financial cap. ' Ladenburg, Thalman & Co. & Co. and Vermilye & Co., bankers, are | to finance the $20,000,000 extension of the | Virginia & Southwestern Raliroad. Thie | in a subsidiary road of the Seaboard Air Line. Hallgarten eo ee CG, B. and Q. Profits Big. President Harris, of the Chicago, Burlington and Quincy, has juet com- pleted a tour of the system and is now of the opinion that James J. Hill, head of the Northern Securities Company, was not far wrong when} AND ABOUT WALL STREET, he estimated the net earnings of the three systems—Northern Pacific, Great Northern and Burlington, the three members of the Northern Se- curities—at $150,000,000 for the year. Although hampered somewhat by litigation, which was chiefly inspired by the Peter Power sult, the big Transportation Trust for the first year of its existence promises to make more money for J. P. Morgan than did the Bil}ion-Dollar Steel Trust in its first year. . 8 & James J. Hill, head of the Northern Securitles Company, and President of the Great orthern Railroad, who 18 still heavily interested in the Erie Rail- road, is credited with the present plan to retire the second preferred stock. No public notice has been given, but the plan is being mature Factors in Gas Trust. Anthony N. Brady, C. K. G, Bil- lings, Anson R. Flower and Fred 8. Flower are the controlling factors in the new $10,000,000 combination of all the gas plants in Cook County out- side of Chicago. The primary ob- Jects of the consolidation are the re~ duction of operating expenses and the! centering of control, but back of that | is a general scheme for revolution- 20,000,000 IN AXE-HANDLE TRUST Charles D. Gates Engineering Deal that Will Include ajLarge Number of Plants—All Un- der One Management. LOUISVILLE, Ky., Aug, 22—Charles D. Gates, President and General Man- ager of the Turner, Day & Woolworth Handle Company, has just returned from New York, whore he conferred vith capitalists who are promoting a $25,000,000 trust, to take In all the axe manufacto: handle = manufactories and grindstone factories in this country nd Canada, the plants to be operated under one management, It ix stated on good authority that matters have so far progressed that op- tlona have been given on most of the plants desired ——__ CEMETERY MEN Hickory GAIN. Grove Association F tinlly Vacated. (Special to The Evening World WHITE PLAINS, N, Y., Aug. 22—The injunction secured by the wealthy sum- mer residents of Quaker Ridge and Mam- aroneck, led by ex-United States Sen- ator Palmer, of Michigan, to prevent the Hickory Grove Cemetery Association from laying out a cemetery on 200 acres ising the gas situation in the city of | Chicago. This will be undertaken as soon as the new combination ma-| tures its plans. ee 8 ‘The annual meeting of the stockhol of the Ontario & Western will be held | here Sept. %&, when a proposition from the Canadian Pacific, which wants to enter New York over the O. & W. will be considered. The Vanderbilts are fighting the proposition vigorously. They do not want’ competition on nortbound business if they can prevent It Selling Railroad Stocks. Quiet but extensive liquidation in) many of the high-priced railroad | stocks 1s a feature of the present up- | ward swing of the market. Elther the numerous pools operating in many | specialties have reached that point where they see a decline ahead or the eagerness of the investing public to change some of its paper profits into, real money is inducing it to part with | its coin-makers. In spite of this con- | stant liquidation, the market holds | its own, Buoyancy is inspired in nenrly every quarter, and a bear is a disconsolate and solitary fact when you find one. eal 1 | THE QUOTATIONS. Sharer ni 3,200 Ama}. Copper 654 | 1,900 Am. Bicycle . 7 aN 100 Am. Bicycle pf » 1,60) Am. Foun. ite Me 1.700 Aw. Twine... 6B 600 Avw ‘0 12% tan | 200 Am. doe ay ints 1,400 Am, Linared 1.90) Ain, Locomotive wu Am, omotive pf. 10) Am. Mal pf. 100 Am. Smelt, & Ref... Hi 200 Am. Smelt. @ Het. pt | 9.700 Amer. Sugar oe... ' KAM. Tel, @ Tel. Co. H 0) Anaconda ‘Mtnia 89 At, Top. & 8. Fe 4 AN! Top. a 8. Foe i, @ hte 1 & Ohlo ‘pt kiyn Rap. Tran D firaiawiek | Sun Can. Pacite | 00 Can, Southern | 2.900 Chen. te Un, 6.90) Chic. ae 1,00) Distilling Co. pf. © 1'Bo0 Dluth Rw AL 490 Dul. 8, 8. & Ah pt bon Det Ny | 6.900 Erie i | 1300 krie Ant pt not vote the dividend and to Jet te (they will retain all the men taken on In Hi 7 Voting Trust continue In power Ipiace of the strikers. 700 Inter Paper “ ——— <a |g TN Conta | HO) loa Central LONDON MARKET WEAK. /|STOCKS DULL ON THE CURB.) 3) fo.) oti, “asus daca Soo Kean. City, south pt ; et ety Irreguiar Northern Securities Kally Attor| 2 Kan. @ Mich 10% amneisen ‘ URS Selling Of im Karly Dealings, | in. nd hut ae Lil The outside market opened uli and} KR Because of the continued weakness In irregular to-day, Northern Seouritios sold 100 Mex, Central 4 >| consola in London weday it caused oe at fret, but later railed. 108 Min: @ Bt 1 aN heaviness in other ons of the MAF) Quotations for the active stocks were: | 12,400 M. a ket and Bouth Africa mining stocks ate ae anat, ae ae 0 ni 400 Mo, Javerage 1-6 r cont. lower Manhattan ‘Tran yy) i 1,100 Mo, Ki 4 65 American allway shares were Very | Northern Becurttt ie. eed hy Aq i f|irregular, but displayed a tendency to | fregon, ‘ Hey $00 Nash. Chat Patt tt iby ti \narden later in the day. Ree Ftd ino Sat lar oe i Anaconda Mining, Iliinots Central and | Ro 89 100 Ni Bircult WO 196% 106% sw York Central all showed declines | Set iy 1e ee tN ot ao ge iM 1-3 per cent., while Louisville & Virginia Coal’: i" 3% | ako Nat RA" of Men Be iy tt Nashville van equal to 166 3-4, an ad: | ¥iteinia Coal pt By Bylot Nevtct' ewan) OR Toy Toy Vance of ene point over yesterday's $ Nom” American. HAN un a wing here, Denver & Rlo Grande, ren at We Alrerae ine Hy ies common and preferred; Southern Ryil- | 30 WHEAT F Ladd Gy Sh Hy way, Reading common, first and second| A Minneapolis despatoh says that the mS eh preferred, and United States Btee! com-| *Hortage of milling wheat bas become HR mon all showed fractional adva: 0 marked In the last week that several 4 ry Over yesterday's closing figures mills have been forced to suspend oper- 16M iy 4 ———— ations, Stocks in store at that centre Wel tll f me eMC now aggregate 2,626,600 bushels, lesy than be Cm ey half the amount on hand one year ago. | pHALIPAX, NB. Auk. @—The Marl’) otitis without terminal stocks to draw RS BY RS . 10 sen ‘rom are paid to include all the \- 5 ney. has passed a resolution in favor o' | sive millers except the Hsbury- Wash: id * ateek shipbullding, as it ts desirable tha: | urn Company. which Is underatood to anadian products should be oarcied on wheat in°atore: Int the histoupolla dist W.Canadian-bullt shipa, _- I tak Ot present, D 4 POLICEMAN REGAN IS DISMISSED. Capt. Herlihy's Former Ward-| man Found Guilty of Neg- lect of Duty and Violation of the Rules. Policeman Stephen J, Regan, of the East Sixty-seventh street station, form- distrist er wardman in the under Police Capt. He ‘red-Maht lin: was to dismissed from the police for Deputy Commissioner Thurston, w heard the testimony, Med the following 1.400 Chie, Gt pinion, which was approved by Com- 1900 Chie) RT @ P missioner Partridge 1. Apc tua abu Tt 4) “After mature deliberation 1 Gnd that $400 GhIck eal we Patrolman Stephen J. Regan, of the SR |owenty-tifth Prec Rullty of neg- TW) Com Prod. pt ef duty in that he falled to ss 08 Ne ON restrain the unlawful and rly | tap at! Routnern * | houses: | 300 Coll South Jat ot sss) 'L further iad Patrolman Stephen J aN ea ARNE a Be bi! regan gullty of disobedience of rule 41, 1.900 molidated (as paragraph H, of the Rules and Regula 10) commercial able tons of the Police Department, 1 rec 700 Del, & Hi . commend that the sald Patrolman Ste bP a Ee AE phen J. Regan, of the Twenty-fifth Pre- 1 Daa a. “bs A einct, be dismissed from the police force Detroit South of the city of New York." | abe Betting et tte Regan was recently tried before Dep uty Commissioner Thurston on charges preferred againat him by the District: | Attorney on oharges of neglect of duty, | bribery in having employed a man named Narrins to collect money from. | the keepers of certain disorderly houses | delight’ district, with disobe- | pt in the dience of ries in having gone to ¢ Herlihy and telling about an exasina- | Ki on the District-Attorney had put him through concerning the charges against the Captain, There was a fourth charge of perjury in his testimony at the frat criminal trial of Capt, Herlliny Charles G. F. Wahle, the counsel for Regan at trial before Leputy Com |miasioner ‘Thurston, moved that the changes of bribery and perjury against | his client be ut, Which motion er granted. 1,000 South, R'y pe... 8c Jo. & Grand isiand 1100 By | Hho at Jo. @ te I pt ihe D700 Bt. Jo. & G.I. Md pe ; io Bat 4.80) Ve ie By 4.400 ‘84 Tw 1 Py ( iw j it 1.08 V is 18 and of | that it 1s true a proposition to purch: ‘me CHICAG jn tae county treasurer's office involving largo sims of money have been brought of land between Larchmont and Mam~- aroneck, because they clalmed It would be a detriment to the summer resort section, was wartially vacated to-day by Judge "Gaynor, The Judge, however, | Wrote in his order that the cemetery as- |sociation is revented from making any the further or@r of the cemetery backers elaim that this Is a great victory for them, and that it will eventually lead to the final order vacating the latter restraint, COAL. HAYTIANS SEIZE ‘ Supply from New York'for Rebels ‘uken by the Government. burials until Court. The PORT AU PRINCE, Hayti, Aug, 22 ‘The Cuban steamer Lauenburg, belong- ing to the Cameron Steamship Com- pany, which sailed from) New York Aug. arrived here to-day with 230 ions of coal Intended for the Firminist gunboat Crete-a-Plerrot. nment selzed the coal, 0 be contraband of | war the revolutionists | and must be sold In favor eGo ing it for claimed that it of the sender. on The Wheat Market. The excitement in September wheat and corn in the varlous markets con- tinued to-day, while later options were only a little higher han last night. Buy- tng was largely for short account, al- though the recent advance has attracted than the usual amount of outside mo trading At Chicago wheat opened 3-8 to 3-4 per cent, higher, influenced mostly by the news of dry’ weath frosts in Ar. gentine. There was some. selling of september wheat by Armour openly. jthe price at one time iigured at New York's opening prices were: Sep- 1 to 78; December, December corn, 48 ng prices were: 8 to 7 3 to 6 tember wheat ber, 68 to 68 tember Qi é bid ‘losing prices were: Sep- at, TL 3-8; Dezember, 67 3-8 69 1-2 to 69 3-8. ‘August corn, 5 eptember December, 42 1-8 offered; May, 29 5-8 bid; October, to 63. —$—— __— ILLINOIS CENTRAL'S PURCHASE, President Fish of Hlinois Central says ed roads also perated by T time, and that their transfer rely & matter of bookkeepin| effect upon operation at a ——_—_—_— TAX FRAUDS. Aug, 22.—Fradulent records to light here. It 18 announced that a forged recelpt for 82 taxes assesse against the Masonic Temple had been issied and that fradulent entries had been made on the tax books, showing | the taxes to have been paid. SHIPPING NEWS. ALMANAC FOR TO-DAY. 6.49|Moon rises. $.93 fun riser., 5.16)3un seta, THE TIDES. High water, Law water. ict ye er nay Mook ‘ai 3 Geteracrs, 960 1008 = 356 4.14 Mell Gate Ferry 1148 1.60 5.28 546 PORT OF NEW YORK. ARRIVED. Rio Ci :Facksonville Jroauole Hamburg Columbia OUTGOING STEAMSHIPS. BAILED TO-DAY x |, Tampico, Algongulm, Jacksonytite, INCOMING STRAMSHIPS. DUB TO-DAY, Vinoenro Bona’ British Kt Sibrajar Columbia He Kulebt, Algiers Perugia, Naples, Bolus, Gaivestons Bringens Ante.” Norfolk CASTORIA For Infants and Children, The Kind You Have Always Bought Bt glean ture Signa THE ERICAN MAN'S WHISKE TRAVE—di—MARK. BOND-BLAINE CONVENTION AGAIN Premier of Newfoundland Wants Free Trade with United States and Seeks Rat- ification of Agreement. LONDON, Aug. 22.—Sir Robert Bond, the Premier and Colonial Secretary of Newfoundland, has sailed from Liverpool for Montreal on the Allan Line steamer Pretoria on his way to Washington with full powers from the Imperial Gov- ernment to reopen the negotiations through the British Charge d'Affaires for the ratification of the Bond-Blaine con- vention. The Newfoundland Premier has de- clared hinwself in favor of free trade with the United States as against a union of the colony with the Dominion of Canada, His success in obtaining imperial sametion for his present Amer- ican visit is the culmination of twelve years of persistent effort. The Bond-Itlaine convention was a (special agreement entered into about ten years ago between the Jate James G, Blaine, then Secretary of State, and the Premier of Newfoundland. The convention, oa the part of Ne foundland, granted to United States | fishermen considerable privileges in re- | gard to purchasing bait, and largely re- duced the duties on @ considerable class of American imports into Newfoundland. ‘The United States, on its side, opened its marketa to Newtoundland fish and raw products and cynfirmed the priv- ilege of transportation of fresh fish in bond to the United Stutes markets. —- lone OF SCHWAB’S PLAN | ATLANTIC CITY, J., Aug. 22.— | Charles M. Schwab has made a careful Inspection of the ground jn and around | Chelsea, the fashionable outtage colony. and has decided to build @ palatial cot- ¢ there in time for next. summer. is doubtful if he will return to the cot- tage he has leased in this city, The lease expires In October | at{z ROOSEVELT ASKED TO CHECK TRUSTS Trans-Mississippi Commer- cial Congress Wants the Laws Governing Combina- tions Amended. ST. PAUL, Minn., Aug. Although discussion of the Trust question and the Jater action of the Resolutions Commit- tee In ignoring the question had been re- warded as the end of consideration of that problem before the ‘Trans-Missia- sippi Commercial Congress, such proved not to Ve the case. When the Congress was called to or- der to-day for the closing session J. A. Gardner, of St. Louis, secured the floor and moved the adoption of resolutions which he presented. These slightly dif- fered from the Wetmore resolutions ear- ler in the session and precipitated an- other lively debate. ‘The resolutions were finally adopted as follows: “That the President of the United States be respectfully urged to use all the power vested in his office to the end that the growing power and the influ- ence of the trusts may be destroyed, “That if in the wisdom of the National Congress the laws now on the statute books are insufficlent to suppress this growing evil that other more stringent And efficient laws be speedily enacted.” oo ‘The Cotton Market. ‘The lucal cotton market opened stea@y to-day, with prices 1 to 6 points lower. Weak Liverpool cables and @ report that 20,000 August notices were in cir- culation led to quite active selling early in the session, but soon after the call a local spot cotton house bid August up 8 points and Wall street bulls sent January up 6 pots, Shorts hastened cover and commt houses became active buy ment, ‘1 and gene: The ope ugust, 8.12; November, 7.89; nuary, 7.91, choice of suits demanded now, an | | | } Five Dollars The magic key that opens for you the way to a full $10, $12.50, $15 Men’s Clothing. Clothing worth original prices to-day. Just the oe hardly enough to last more than one day’s heavy selling—T ho’ what's here are about as prime a gathering as you'd want to choose from. Those $4.00 Trousers $2. Your personal investigation will substantiate all. Certainly, Have It Charged. This part-payment plan is never altered by price. Here Is Like cASH SLSEWHEPE | “TRAMP, TRAMP, TRAMP, THE BOYS ARE MARCHING’—yes, and the girls, too. fairly take us by the following exclusive orlginalities: For 10 cents au. tional we will deliv- erany or all of the above specials to any address on Manhat- tan Island. | LEVELINDY CASPERFELD& DIAMOND - acoA C&CABK ROAR AD s 1s karat Gold scant Nt | consider the uncxcelled values we give them. If not, we fee! sure you will enroll under our banner of “SATISFIED CUS- 'TOMERS” !f you will give us the opportunity of serving you with any of SPECIAL FOR FRIDAY ONLY. They crowd in and out of our establishments daily and storm Fridays and Saturdays. Small wonder when you Haye you joined the army? VANILLA CREAM ALMONDS. «--o07 oss. tareeseces Ih, 100 SP. tay FOR SATURDAY ONL’ 100 PECI. FOR FRIDAY AND SATURDAY. BUTTER PEANUT BRITTLB. «esses ee ece sees ee seseees Ib, 100 ORIENTAL FRUIT PASTE, im Orange and Lemon......++++. Ib, 120 ASSORTED FRUIT AND NU HOCOLATES . Ib, 150 VANILLA MARSHMALLOWS, - . - 10 i RENOBLE WALNUTS... 4,» os teeeeseees Ibe 100 HONBONS AND CHOCOLATES OR ALL CHOCO- 54 BARCLAY COR wesrT Bway. 29 CORTLANDT ST COR CHURCH Roth stores open until 8 P, M. on Saturdays, [There Are 10,000 ' Argument Settlers IN THE 1902 WORLD ALMANAC the “Standasd American Annual,” 000 1 Teraely Treaied tn We i RS CANDY '