The evening world. Newspaper, November 10, 1902, Page 9

ria wees es Sipe PALL THE LATEST NEWS OF THE: BUSINESS WORLD. FOREIGN DEBT NNORCAN'S SHIFT iG aati DEDICATE CHAMBER |HIS PARTNERS (SHIPPING TRUST TD MONEY FACTOR. AVERTS TROUBLE.| 2222" 8 Base eS2 8% BOF COMMERCE) WERE SHOCKED, EXCHANGE STOCK. = doy | 8, Mow, 2:45. 9.30, ; #4 | European Nobles Will Represent Say Harrison B. on B. Moore, Jr, Was! Atlantic Transport Holders to|! sine‘onss'e i chee Pressing in Many Instances and| Prompt Change Made and New with Undue Delay in Cotton} Underwriting: Syndicate Is iMeaihaoued tetas iy|) Their Monarchs and Noted Not Conservative Enough to Get International Mercantile | > me |. Americans Will Attend. Suit Them. ~ | Marine Paper and Cash. and Wheat Exports Affects} Named for the Shipbuilding pre ; the Market. Trust. = 222: s De a 3" SSE ES23: oe: anes 0: r= 4 Ri 400 Ams melts & Ret pi mer ica 15. i rahe ME xPOStTION Dutlalo 1.15. Cleveland RUC wees Mages Chleago 1.) 1 ape e CUS Lota Stoge at Mp eMPIRD STA Moa faneue wan i pies br, PA Al Pie erat ee * Nines EXPRESS. auth ‘oattale 1, oe pe tt - pitas gore fanatl 10s tnateoapate E90 grapes} SFSE FEE EFL. bad ee oa pF o +253 SzE2S2388 f. i. Harrison B. Moore, jr.. vaitaten | Mang notable members of European! sng san about town. to-day announced . J P. Morgan & Co, who financed the 3 | mobility, as well aa the most celebrated his reasons for dropping out of the barat ae eal hip. eri have notl- 4j7"| men in this: country's Mnancial and Stockbroking firm of W. B. Mack é& Co, ,1¢d the stockholders of the Atlantic Mr, Mocks tatires on Nov. 4 Transport Company that exchange of F7y| commercial world, will attend the dedi- on 3 4 stock will be made on Dec. 1. 4 fot that wae would reflect upon Mr. : % bation of the new building of the Cham-| eoos' ersonal character” aetd Me, | At that time, (ke Atlantic Traneport ber of Commerce on the site of the 014} wack to an Evening World re orter, Starcholders will recolvey for every Mw Real Betate xchange at noon to-mors| ‘mut Thomas 8, Smith, my’ partner, WW2!> of the preferred stock of the In- tow. and myself concluded that Mr, Moore hata ReLetnapt le) Mariber company, Mayor Low will wrariae over the cere-| was not conservative enough for us, and, 278 Share of the common and 15 {n cash. Worles and there will bes llet of dle. Maoh 1 Tula is the first exchange of stock {2 % : Ween, Plekseey & Wines cxtsAYSEAHV 1S) Aeaitaan icdowpatien «PRI Nagi CALOH enence. z $23553582333 e: Pee eeEceesE a9 2. gaze! =i: 3: 2 o~ ree BANKS ARE LOSING FUNDS.|DEAL NOW IN FULL SWING. ee rae: to i) e's: aeleess Financiers Explaining This Say That| North American Company Buys All - with Treasury Relief Channels the Stock from Trust Company of Shut and Gold Exports Pending North America—French Concern ———s =P=5 Sake shualtes 3S 33s. 3 care 8e28 the Situation Is Acute. Failed to Complete Contract. 8 $1, | Uasuished speakers, the foremost of! his habits. Wee ain tne cones 1, * ie Ea 8 | Rope will Be Provident, Receavelt, ¢k-|\ when informed of Mr, Mack's state-| Fien mnce the coloweal ship/trist was} 4 itt President Clevaland, who will deliver} ment, young Moore replied tl BBA ap the oration, Bishop Potter and Morris/ That ts not the truth. I left.the arm}, Morgan & Co. will probably arrange Conditions in the money market to-| The prompt action of the North @ay were not wholly responsible for the] American Company—of which J. P. demoralization in stocks. Morgan & Co. are the chief, owners—in for the transfer of all the other Amer- yausts ~ oF = K. Jesup, because my conuuct with it expired and A represen: ent d to go with nother | hou: ican stock soon. reptesentative of the Emzeror of| + Peart ee Ott ato ner nour ori eee iv detiaia: tha cist Fe agree 3 an A akan ae Se “ax, Bet 1 ai D RAPIDS Germany, young Prince Henry of Peer, | enthusiastic member of tn Nee von GPww P Call money opened at 51-2 per cent.,| ¢, Axo Erni ie 7 went up to 6 per cent. and at that figure | fo take over te saan hiduededderane a Bu Mt] will attend the celebration, while as Ainerican : FY Ail the omices of the various lines) § 90) FM—-LARE shone Liner, all the loans of the day were made. | states shipbuilding Company, was au % delegates of the French Government. Pe wee en, Tork Alhietio, rane: sAiOe Up ithe trusb will be pail ate Dus Cleveland fA. Mee Ghat y. vd . ion an eo burden nm No. roadway under one roof an Bar gold in London was higher, but material factor in preventing serious ys Pount Reoul Chandon de Brinlles, will Clubs. He was prominent in the the management changed #0 as to ad- be orasent, together with Sir. Vince! i md, having served in the Barrington, the representative of King | Se LS) riyesecond Regiment! &nd was a colonel on Gov, Black's staff. were decided upon before the trust was Badward. It. in also expected that the! fis ‘sociai connections made. him the | formed. | Brith, German and. French Ambasea-| conspicuous member of the firm, and his| Clement A. Griscom, head of the trust, dors .will come from Washington. retirement has caused surprise, will have executive ‘control of all the The committes in chatge of the exer- nena Baya are ee clses will’ meet, the distinguished guests | FIRST CARS RUN << in. the old quarters of: the Chamber In} GLENS FALLS, Y., Nov. 10—For] CASHIER ARRESTED. the Mutual Lifo Building. the first time since the strike on the PBTLAD EIDE HTA Nov. Trom this point, they will march to| tines of the Hudson yale, Rallway on ed twenty-four the new building where the opening| Aug. 20 cars will be run into Troy to- y cashier at the prayer will be delivered by Bishop Pot-|4ay by that company over the Ines 5 rk City, was a leased from the United Traction Com- on the charge of ate: sterling exchange opened about ffteen| Gteaster, to-de ve points below Saturday's close. Sterl- + | ing at Parls declined to % francs, 121-2 Amctlenaeoencns bapihie vlapd taba dt ceatimes, which offset the New York | 70: Company < the Repablio ait th Gecline so far as gold exports are] 11 by picpalies id Saeenes Rises h tare ; rs ening Conan Demand sterling was quoted locally] Sock held by it as collate) Gt aa at 48710 and business was light at thae | }rench syndicate, which failed to com-| figure, considerable uncertainty sur- ye its contract of underwriting the rounding the prospective developments . IA(thW conor eariee, ‘As $8,100,000 in cash had been advanced Wall street financiers couid find no|>¥ the original syndicate, and as the satisfactory explanation of prevailing} total $12,000,000, mit of economies tn operation, which i aoe = 3 DD 8S Fee nd. 3 * ADIRONDACK AND MO: 5: M_SBUrFA ACTA lapara wie ie ee ee 2e cas ©© or p= oa ay , ter, followed by an address of welcome : | Foated venterda conditions, other than the combination the new syndicate had to purchase only H H by President Morris K. Jesup, former | °°": i ani I ea of bearish facts which ended in to-| $4,000,000 of stock. BY Ft President Cleveland's speeh will treat = Sega day's panicky conditions. This is now owned by the Morgan 6 ee of the ‘commercial, maritime industria} Dentistry. Dentistry, Planet One of the prominent bankers in the] Pool and is held by the North American @ 15% By and fnancial development of the State —- sab ad a ae Bnancial district, said: Seivany cg Miia by it. ‘ = i Ry} Et of New York. A Uight luncheon will be 1 Station “To-day's pumas ia decline in stock jeorge R. eldon, Treasurer of ie 7 ‘ served aft i rer led4- me a ete ne. It was neoessary | North American Company, sald to-day ay cH in Bis cated, ans atannherein ponies at The Hayes Dental Offices, Bt ‘Feai that the transaction was a small matter 1g It the Waldorf-Astoria ot 6.99, rr Baggero eee MP ERceRy Tis stasca, ana ib nominal out |and that it: had bens sigeed! ae ge H Charieas@; Bmithils chidean ot the 338 6th Ave, S. hie Cor. 21st St. ! ce by Weetewt Fg Instead of in. Our big foreign debt 18] ‘This afternoon or to-morrow all the eit i General | Comuiittea' et sthirtystve. ts NEW YORK eGENTRAL R preasing in many instance: tae) and wheat expor Rbo: Hnduly delayed and our Im we been Joane concerned in the transaction will have | be paid, and the new deal will then be Been “extraordinarily “heavy. This has in full swing. » Fesulted in che banks losing money faster than they could Possibly gather 1t in. ye —————— arora that thi ecretary of the Treas- ia hte" Sian ii [PRICES DROP ON THE CURB, meet has ho recourse but to, liquidate. ta good part of to-day's liquida- Be ry inspired ‘by fear of what the oh a may do in regard to combina: ese E WEEK ONL sso aot Steer QUR DOUBLE SUCTION PLATE, 5 &, QO inew ror«, Boston ton, John D. Rockefeller and Corneilus GUARANTZED NOT TO DROP. AN» NEW ENGLAND, N. Biles are among the members of the |. —— ? BOSTON AND DVAEBANY. ich i Invitation Committec, 3 OO Orman, lenge its ee te e ue and 42d Sit ae = York as aM. ee 8 3.80 B P.M a FRAMING CANAL TREATY. Per Tooth. RE REESE RIES F. SESEE, tts FER PESTER EPEEC LE Sass: SS ENHeeS BEE BEE. is undoubtedly correct, but with . 156 ports pendiug, the money situa-| Th» curb market showed vjolent de-| {. bossy Bias aan 100% Secretary Hay Reports Fa: Tie ery eat mela, aie, suretul workmassin, av Tovert pos acute. elinee to-day and many of the strongest | tin) Nat Ft} on Colombian Negotiatto ith i Sight arte of heey. rey eee issues rea: the lowest point of the} (1: x pt 8 i Ri feo! 19, % Fos 5h OPEN EVENINGS AND SUNDAYS, ‘ tea ° WASHINGTON, Nov. 10.—Secretary otal eth basal Reta aa 120 South, Rallway | St Hay was in conference to-day with ; eartortalext eae ieohd cbilay aarein | See Se 27, 164 biota thee 4 i Senator Cullom, Chairman of the Senate Banking: andi Financt FolSda WEST ‘SHORE todey’s slump, while Northern Becuri- wr Me tt Tenn. Cou 4 1 es Committee on Foreign Relations, and anking tles reacted to 30, All other issues We cea Coal y Un. Pach 100! ard Oll dropped . Iie bs re is Members Xow making toward the completion of a! Syacotteated hock. ches treats with the Colombaw Government Established 1865. FR THIS MERGER ==: Safe COD BAM & 00 506. aWeek 358 to show that substantial progre: BUYS A SEWING MACHINE. geesr3 New Jersey Senator Says Pru-| ca a Sonatzustion of ofa canal screw theietne| 44-46 Broadway, New York. dential Life and Fidelity Trust |Navem™att aH laeec wigo well have the neqottations pro-| qyBatite aie, Matted, Mental Can Legally Join Issues. BANKING “FIR? TOS RESUME, BOND TRANSACTIONS, ee eee HAIGHT & “ER FESE See 4 Wall Street Financiers to Reor-| Adams Ex 1000. ~ AS a disclosed and little The suit brought by Wililam Ropoth+ 5 bette 18% Thisd Are be Hy ae he MADE oPricz. an and John Illingworth, of Newark, to; #@etze Gilman, G8 + ie ii oF. be stated 11 arte anova, ast gs CO, awit ner. restrain the merger of the Prudential} The private banking firm of Gilman, Bart} dian négotiators presen’ 0 insurmount- Life Insuran:e Company of America| gon & Co., which was compelled to clo "6 ne Frames eoaptente: te not ey oan i STOCKS, BONDS, GRAIN, COTTON, and the Fidelity Trust Company was] {ts doors on Oct. 16 last, is expected fi mot strict “congormaity with the he Suet JE ung | We wilt be pleased to vend you upon request pefore Vice-Chancclior Stevenson In] to resume business soon. Prominent | Nee os; | Spoone: our WO-page cloth-bound {Hlustrated “GUINE Jersey City to- Wall street financiers are organizing a INVESTORS,” also STOCK AND coTTON The plaintiff's claim that the Pruden-| company with $100,000 capital which will ty ott r ‘id be thal Company has no right under its} take vert the obligations of the sus- 6 where i charter to consotldate and that the Fi-] ended fh Nea are ea ane aie chia ar. te delity Trust cannot enter into the invoreda tn the ne scheme, beravse, as alleged, It has not} house, but its re In such got 1000, een a dividend paying corporation for ceratiion that i ‘te’ spells nai eta 2000, ive years, as the law requires. sumption. Gilman, Son & Co, made a Fo New, HOME. Di OMESTIC, WHITE, SINGER, MAL Limsed las ¢ ttsburg, Wary of Roosevelt. OUT PRIOES. GUARANTEED 2 TO 10 YEARS. |. Car Pittabera to chicsact ” No aa President Roosevelt's attitude on ets, "ys 4 iss cas = vi pase $l Or $2 Dawn; ole. Weekly: eae baie a yaercirdin. we * |WALL STREET GOSSIP. |2Aee tet eace suite es. SPECIAL SALE THIS WEEK. | ENNIS. & STOPPANI 3 HLssesrseresazarese2es2 t3 F FERAL ESESSS The answer of Senator Joun $8. Dry-| Specialty of farm mortgages. The firm Trusts {s worrying Wall street. It > BANKERS FBW SMALL SINGSRS, $2.00 TO $ Gen, the President ot an? Insurance Was established in 1860, mS. is uncertain to the speculative world |9 x Be ra a opin "Brentags Write, Salesman Witt cat. company, was submitted to the Cou wi eis’ moral goalie ote'non She aaiwrven voi] REBUKED BY ROOSEVELT, cunt te mee cated [aroon ane ‘a Westera Union S. M. C0. 5 riday next. ———— Prt Biers reve of President Dryden was|President Removes (Lily White” take ap aggressive stand against Saori eters 173 3D AVE., NEAR 16TH ST. wbraitted by ex-Attorney-Genera} John | Repabliean Who Drew Color Li: them. A passive opposition would For Sale. W. Griggs. In it, President Dryden says! WASHINGTON, Nov. 10—Jullan H. shat the policy of the Insurance Com: |eingham, Collector of Internal Revenue pany fn investing {n the stock of the! for the District of Alabama, been ‘Trvet Company was the result cf AVI] removed trom his office, and Joseph O. ture deliberation, Thompson appoipted to succeed him. ‘The Trust Company had restlarly pala) phe change was made as a result of & tock for Ave Lydon Ola’ ther time’ of the Arve | Political condition which recently arose rohi 3 ot jsistocke by the eugene in Alabama, when colored Republicans Ton and has conunued to were excluded from participation In the menu it Dryden mame serol-arnualy, Eronident Dden Republican State convention, Collector to be ald out of the insurance com-|(Bingham was held responsible at least “s assets to the Trust Company in @ measure for their exclusion. —— as not alarm the trust promoters, It | is the fear of what a strenuous Ex- Cuotnina AND Croaks 0) CREDIT. present flurry. For Men, Women and Children. ° 68 « ‘There Is said to be a serious hitch be- Hats, Shoes, [illloery and All Kinds of Furs. tween the Wall street underwriting Watches and Diamonds. syndicate and the packing-house int $1 per Week. WE WANT YOUR ACCOUNT. ‘Three retail stores added to our old estad- Iiuhed wholesale busluess in ab? Sees = ef if tie YRAND AD, curcopvare No employers’ reterences require: diate delivery, Strictly cot BETZSSAE: B Fee SEE 3 s2z FEF ets JB connection, with the oration of if jet. The pi tive it te sald to be the poin! SESESSSESES eS ana? ER E For he perma of having it maid ever : e8 © ee ew 6 Bee ers of the Insurance company. The Wheat Market. Rogers, the Lead Magnate. M Gian iy erie or ashen also denies that the IN-1\ he wheat. market to-day opened Henry H. Rogers, head of the ANHATTAN \LOTHING Co. AIDEN LANE TRSTORE 258 SIXTH AVE. ii. ¥, 467 FULTON ST. BRKLYN, y intends t tte mai trust, title or| steady, but {nactive, Prices were little a Savings bank ousiness, ‘and cave that it| changed gt the opening, but later the Speier, ts onerariong in the | whole market eased off a trine, Werld's gf ife Insuranc FOUR STORES: 114 3d Ave., near 65th St, 2274 3d Ave., near 124th St. Amalgamated Copper Company—the [Copper Trust—is credited with the; plan for combining all the ead prop- | ). (Di a. 455 on i? Sihant con: | 6hipments re smaller then expected he largeat ine| 224 there Phe ae aessekin ee 890,000 on erties of the country into one gigan-'1 206 8th Ave., near 25th St, ray ae Pi Pa meg, Draten,gart the! company and| Passage, Corn was practically un- tic trust, He is now the power be- GR at agen eminoal Dah Lene tATLWAT — Porta as prosperity at hea changed at the wart, but later eased oft hind the Nationa) Lead Company and | nem rictiy consesual "Open evenings eesti iat eh dally. ee ‘Saag hdd ye a ig sald to bave both John D. and caper el Meniphia and eae, 3.98 P. LONDON MARKET FIRM, | {P£ 0%» visible increase of over 2,000,000 Willlam Roekefeller with him tn this REDI pas Ma greeh dart iz Ab ant fe New York's opening prices were: latest deal, | bewvaane bh wat CLOTHING Fol MEN AND WOMEN ON Easy 19 BL MTH t. Broadway & 6th are Vice-President Adrian Iselin, jr, of EKLY OR pp rains PAYMENTS. the Buffalo, Rochester & Pittsburg Rall- ~® read Company, bee completed the an- ANG ca, | oon a ard the roed. He wns rt of the time by Presi said THIRD aye. NEAR arnt ST Genta arene ir de Fates and other offici: 88% COLUMD: 6. NEAR of the road, erately active and a fairly good tone| 73-4. Corn—May, 47 offered; Dare r st prevailed. ‘To-day 18 the mining set~ | 5 offered. « tlement, contangoes for which are? to 8} Chicago's opening prices were: per goat A feavure of the market was} Wheat~May, 737-8 (a 73 3-4; December, ealness 1) consols on reports of! 717.8 to 115-8. Corm—M to 421-8; rebabic conan eneroachntent a January, 1-4; December, 407-8 to 603-4; | ‘The London market to-day was mod-| Wheat~May, 78; December, 785-8 to am July, 411-2, ae ra mg tones but tetersin che] Tale rectal site f Trust F s rdened considerably. ing prices were: jet Favors Swift. HION CREDIT HOUS iw te Retment was fairly act! taal ta pik beacalenserotadl Hew per me hia Wall street members of the $500;- Pry Sane tana ond ia} ‘word for tt | 7 THE FAM oy bet Sth 1 USE SHIPPING NEWS, 0034 bid; May, 4, shat 000,000 Beef Trust underwriting ity 7S, "os facuthy receiv: Bastoess ass | FEEEEESE FES Ei Chieago's closing prices were: Wheat December, 711-2 to 716-8; May, 735-8 2 Geilvery: oui ous. JAMS BERGMA BRERERARE BS zi that Gi F, Swite Nvasipeia sey tet are Prealnt tt) STANDARD OUTFITTING CO. AUMANAG FOR To-DAr, to T3a+4. Corn—November, S244; Dee : aw big corporatio Ogden Ar | 31% Weat s4th St. Near ath Av. en rsee.. G40/8un votes, 4.49|Soon wets. 25.44 601-2; Janu: wary. Wid; Mey, ©)! & ieee aad PA PA. Valentine, who were “CREDIT ae Bees g Tey | Grek eumrmested for: prenigents will’ c- Watches and Diamonds ¢ as cupy responsitie positions in the Lowest Prices. Reliable G aie The Catton maser Ey MH management. ae TRANBACTIONG oe, ie local cotton market opened a ‘a rite or Telenhone to-day, with prices unchanged to 9 pointe EAs qinomen Dotan: ERC IC el American Watch a tch and Diamona. Con Woaway: 182, b a paoeei Improvement Company, says that x TOR, Sag ; a ee Nort fa ne ‘The lat-' ce vevceacePhlladliia pa ‘weather 10 the South one hee emer es iris nine hen stepmother. He is at present in | pa Rete ow ‘controlled 2; P; Moran Tht Weak our cpticlane wt sxunine your ey trae | —— <= | may cut Nee: or eo * Sirsa, egehy Bt thee SOE Meee with Son in New York, Pememahs OE etl ere a a A eclie Pil cil Mou gave chance Patents A ih teed tareneh a oderate invest Kent dep d. pa t 7 Ward's eperations caused @ crash Ae In many citie ENE OMPTICA! i ag 80 Broadway, er astihb te Ee erecta go -" aN igienieects “es a foe Pes nayaat ee oh ‘te Topas to] Ferdinand Ward, whose manipula-| the financial world in 1884, wheo the Lge ee ae sre ad Sater Teese | Aovion Fae Pele near eocarey ie arciee i Hort rey Hons in Wall street, landed him in Sing| firm of Grant & Ward failed, leaving | SUBMARINE BOATS. Busoni “csa seed WOR BT" Pee cals, MEER, goat FATES cD Hine we ved eit jan: | Sig Prison for a term of ten yeara and | debts of $14,000,000. THE HAGUE, Nov, 10—The De prices; any rae. NATIONAL | 2 {ruined Gen, U. B, Grant, bis partner in| After his release from Bing Ging Wara! gekelde Bhipbullding Company, of NCEE renee ert again. Ho lived in New York paushing, has obtained fram the Ameri- conddentiat, | elness success depends upon em a hg sg Grant & Ward, will retura| tor @ time, but finally returned to Géen- fh tt Holland eeerent Tork ang bia home Ph Regy tlle 4 tor 1.8 0 day. cag owners tt eBay an tes gu eine WATCH SUPPLY ok Tain sito MAIDEN are ee tem yer eb rho Wat WA le ‘wife shariog: hiy poverty. Sha Dutch Inaley for Si WEERLY Sarr areas. toon 2 orgy. sbility—and Sundsy Wort