The evening world. Newspaper, November 14, 1902, Page 11

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

WALL STREET FULL OF ROBBERS STOCKS BREAK I NEW BEAR RAL Bankers Withdraw Support from ' the Market and Heaviest Slump of the Week Follows with Leading Issues Down. GUESS THAT Wik HOLD GATES FOR AWwHiLe DO A THING il To GATES Banking interests, which for two days held the st market temporarily steady, withdrow their support to-day. The result was a crash in values the most sensational of the week. There were several reasons Influencing the big Interests, the most important | of which were the heavy losses the banks ‘have sustained this week und the | inexplicable call from San Francisco | for nearly $4,000,000 within the last three | day! | The possibility of gold exports, the tremendous pressure from all quarters upon New York for money and the Im- possibility of securing any more aid from the United States Treasury were the Impelling causes in inducing bank- ers to call a halt in the scone of opera- tlons. even lower prices are looked for be- fore the situation clears, but it is suid by the most conservative interests in the street that this does not mean any-/ thing more serious than continued and steady liquidation. Just how long Wall street can stand this constant Mquidation 1s a question. The fact that the big slump in values has not resulted in disaster is pointed | “w as proof that the situation aside from selling pressure is solid. To-day’s heavy drive at prices came after three hours of see-saw buying | and selling with slight advances in many stocks being followed bv frac- + tonal recessions. The ovening was weak and below the London quotations. Prices rallied some- what, but selling pressure was notice- ably so great that the Scars rallied and —— ALL THE LATEST NEWS OF THE BUSINESS WORLD. WHEN GATES LOSES AT THE GAME. ®PDOEHOHHHHOHHSHOHHOD cy ee buy ae vw. Cisuad teeadeda | da teins hi aaah For Sale, LEITER LEADS IN CORN CORNER, Chicago Brokers Say the Big! Operator Has 8,000,000! Bushels of December and Predict Lively Times. (Spectal to The Byontng World.) CHICAGO, I, Nov, 14.—It Js claim- ed on fajrly good authority that Joseph Leiter, the former wheat bull, is the man with the big line of Decent corn, bought, There ts talk of an 8,000 0% Hushel shortage, which few bell If Letter has caught a ine of shor If or quarter large as the figures Ven there will be an exelting cam- palgn from this date on tl tt Is timo for , Christmas presents Shorts were scared again to-day and a hundred firms tried to buy December corn at once. ‘There is but a half million bushels of contract corn here. <<< The Whent Market. The wheat market to-day opened mod- erately active, With interest centered tn December corn, Both wheat und corn Were steady with a falrly good dleplay Vee strength. There was little wheat on vthe market, with shorts buying It on the ftrength of corn, together with fears of ATlessened movement. An Argentine lcable says t reports In {terlal advance in sw York's opent At, WI4 to 7 4. May cern, 4 Ont s close: A yheat, 15) t0, H May, 4a iG WATS: Dee, 521-2 Baw York's closing prices were: Wheat Decemner 782-8 bid: May, 79 bid, Corn :. #3 bid: December, 58 5-8 bid; Jan- rn 2 hid. = | uns icagoa closing prices were: Whent | —December, 723-8 to 721-2: % 8. Corn—November, 4: Ra bid: January, 44 to 401-8; $ to 41a-4; July, 411-2 bid. er —— Kuhn, Loeb & Co, and Fareon, Leach & Co. ure offering to Investors New Yorlc | SAIGERE % heya non-taxable, fought every advan Shortly before 1 o'clock they had their “inning. Circumstances evicently com- elied further saeritices of stocks, and in the drive the bears utilized St.Paul as a battering ram. It opened at 176, and after the serious break began was sold down over five points to 171 1-2. The Rockefellers were “DECLINES ON THE CURB. Nearly All the Insues In the Ont- nide Market Showed Lonses. | The curb market was frresular and High. Bald not to be supporting it, and this|dull with prices on a declining scale, Feport lent impetus to the downward] Nearly all the issues were lower to-day The direct responsibility for the se-| and the weakness was pronounced. vere drive was due to a story that two| Quotations for the active stocks were: rominent Boston firms, with ble New Dil, Aaked, Bia. Asked ‘ork connections, were In trouble. Nor, Seo... 109% eer eemie Sunrital While this was quickly denied, the aN Brit. Col. oe fact that a Boston bank falled yester- Dis. Ama wey Am, tens , day was enovgh to cause some io hold Honda... Snes tenaciously to the rumor. Paper. Jen ama ieoeeee aes 2 Amalgamated Copper’ and Brooklyn Paper 1.40) Ain, “Locomotive. Rapid Transit, both of which have solit _ —e= ‘ Locomotive pt. aboye 130 a share within two years, made low-record prices to-day, Copper sold at 4 3-S and H.R. T. at 55. It was reported that Thomas W. Lawson, the Boston antagonist of the Copper Trust, was loser about $1,000,000 in the slump, but this was not con- firmed. A feature of the bear attack was the The Cotton Market, The local cotton market opened easy | to-day, with prices 1 point higher to 4/ points lower, There was considerable irregularity at the start. January shorts and spot houses bought freel. the December option. ‘Ther Hew. whore 1400 Amer. Sugar ry Am. Sugar pf. 300 Anaconda Mining . 100 Ann Arbor 100 Ann Arbor. pf. Bolu) At, .gelling of Baltimore & Ohio and Union| Selling went to the spring and summer | °}it) s CAGNG coker are Salto vaien| months “on” bearish Interpretation Of sii fh Winaeane fold as low as 977-8, while Union Pa-| Gop and weather news. Cables were "109 palt, & Ohio pi selfic went to 98 7-8. disappointing and weather in the cotton M0) Hrook. Rapid Reading sold down to §3 3-4; Missour!| Delt Was generally mild and otherwise 200 Bklyn Un Gas . rw call prices were favoraple, After ‘the Pacitic to 1041-2; Pennsylvania, 181 1-2; 100 Dranawick . Erle, 381-2; Canadian Pacific, ‘1%, and| !elined to decline, x) Dhutterick Loulsviie & Nusnvitle toa’ S841 “ihe opening prices wer 2s.b00 bat The entire industrial list gave /way lanuary, 8.04 bid; March, under the attack, losing from 2 to 4 95° Offered May. polnts, ffered; July, 7. Late sales steadied the market slight-| August. 7.67 offered, ly, ‘but the level reached was the lowest | , The_prices at M. were: Decem- Of the present depression. ger 1a March, 7.86; Union Trac.. & Alton... 5,100 Cnt: 800 C., 15,100 Col. {600 Col. Southern 190 Col, South. 1 1,100 Col. Southern 24 ‘409 Col! & Hock, “V ‘ 300 Col. & H. Val. pt 8,000 Connoltdated Gas Ee Com, Cable ; 990: 401 Con, Tob. pi 1,600 Gora Pro. Co. 209 Corn Prod, pf 10000... O) Tol, Sack, & W. Oe: 1,580 Delaware & “Hudwoa’. Late 300 Den, & Ito G... ee Boo Den. & Rio. Gop swe 100 Des M. & Ft. Dodge . Bon Detroit Southern idl Wi Derolt. souks pt 20) Detroit Union Ry 200 Diatilling Co. certs... ++ 100% ESBEE 190% 00 D 100% Bklyo “Ferry be 1000-.ccsecsee 70% Brin tiv tet 4000. ito os ; 30) Hocking Coat Be 10) Homesteak Mining Be it 8.300 11 Central 20) Inter, Paper B00. ist 1,000 Inter. 100 Tater, : 260 Inter, Pump ... central Canteal res. @ a, Southern Southern pe ia & Mich : Inland 1008 9.200 Louie, & Nash, Be: By 200 Met ‘4 Securities ' im) Manhattan. ean Pi 2,000 Mi at Met Apis Se eae eet 7000. 101 ain Mist Pe a 3000 6.40) Mo, K. & cao K, @ T. 1000. 40.100 ‘Mo.’ Pacific 109. Chet! @ St. L. 103 "Lead » BY hl 8 Tord pt oss. 1% 009. AAG: oF RR. of Mex. pf. vi cht StL 1M & 8 be ‘ i cen Ene eee B00. acne 1138 Central on Niue bop 2 trust 4s Ne 8 Fem bs Ente & 8 i. Pent. Cow 4000. 22000. 48.100 Peansylvania ‘6000. 9.0% People Gas ‘5000. 200 Peoria & . Be sa fad s rensed Stool. 10000. 200 Pressed 8: 108 $0 Falleas Pal. uicks! a0 1000. . ae: 2909 Hock _ Ts 000, South Pac dis 300 R'ys Bteol § eri T6002 100%, 69,100 Reading 18000. South Ry Ist Sa 200 Reading ist pf. 3000. 2yOe20t 1,600 Reading 24 pf. 000. i 1800 Rep, Stool. 1000: stan ha ine 1,000 Rep. Steel pf, 35000. 5000. 200 Rubber Goods 10000. Joomupder oats ot. 1000. 1000. San het s i 10000, cgi e td St. Jo, & 6. 1000, fad ; 90000: 04 15000. rs 5 15000. 1,000 St, Lowis 8. W. 100000. 1,200 St. Louis 8. Ww. pi ¥ Y 40000. 4.600 Teon’ con! Tron Bean: nae 4500 Texan Pacite .., +000. inion lootay were $4 616.000 bE re acell RE DRY bed GOVERNMENT BONDS, 200 Twin City ROT!) 113 $008 Hd. Aaked, Did.Asked.| 610 Unton Mar & Paper. 12% 1000. 10,000 Union Pacifle + 101% 1000. 900 Union Pacific pt. 89% 1000, av. 1. Pipe, 28000 vu. 89000. 2.000 U. THE CLOSING QUOTATIONS. st te 4.600 33% 400 5 29,06) M4) 30,800 0. Es ug Consolidated Exchange Sales, 86 en. High. Low. Clow. | S%| Amat, copper .. ce he iis | Am. Cotton O11 GX 6% 45% Bik Am, Ice Qo... aus ped AO ay Z 5 4h 12% 14s | 93% Atch., Top. & St .F.. 2 Gee Aichi, Top. & 8. ph 220° fait.” & Onto 10" 43 127% Chea, & Ohlo. 444% Chi. G. Weat 25M Chil, M. & St. och RO 38 Chi T. & T. & Alton 13 4 94 | epustlo Bisel High. . Clon. | *| Chem. Go. ‘aro pt Vulcan Det. 109 6.100 Wabawn 200 Wabash pt. M 430) Weteere. Uniie he 8") | “Guo Who & Lake Erte. % 10 W. & LB lat pt 3 | oo W, a Le 24 pt ab ‘ 1,80) Wirconsin aS 1.200 Wisconsin x ‘The total sales of stocks were 1,332,500 shares. | ¥ Brooklyn Rap, ‘Tran. Canadian Pacifio « Fuel & Iron. Co). Southera vee Det, South . Erle... Hocking Coal’, | Esuithern Pacite Southern Railway. | West, Union Tet, Wheel, & Lake Eri Wis, Central ..... Total wales of mocks were 212,200 shares. ———_ | Samuel Bettle, of the American | | Line, 1s to be appointed Chairman of | the International Mercantile Marine Company, Benjamin F, Kabbe, also of | the American Line, {8 to be the agent of the Ship Trust. will be made short eneral The To Physician and Patient Alike. Dr, Redmond, a specialist in tho study | jand treatment of piles and rectal disenses, | recently stated that the Pyramid Pite Cure, | the new discovery for the cure of piles, was the most remarkable remedy he had ever seen or tried In one respect, and that was | tho Instant rellef experienced in all cases, | no matter how severe, from the moment the | remedy was applied; this was the more sur- prising to him, because be bad carety Slanalyzed the preparation and no trace o {oplum, cocaine or similar poison could be | detected, | Physicians look with groat favor upon the | Pyramid Pile Cure, because it ix rapidly | taking the place of surgical operations und | because 1t In so simple, xo cantly applied, ad contains no mineral or other potsons so fommonly used tn pilo cures. Dr, Esterbrook reports that the Pyramid Pile Cure not only cures tho various forms of piles, but never falls to Rive immediate rolief on the firat application, no matter how sovere the pain or discomfort may be, People who have suffered from piles for years are often astonished at the instant re- | Hef experienced from the first application. | Another important advantage 1x the fact {that any ono can use the remedy without | detention from business or interference with | Aatly oooupation. Mr. J. W, Rollins, of Sweet Springs, Mo., writes: “I consider the Pyramid Pile Cure | without an equal; it cured me in less than 30 days. I waited 15 days or more to be sure { was fully cured before writing you; I can now say I am cured and | mond the Pyramid Pile Cure 4 | ble opportunity because it desery 3 he popularity of this remedy 1s such that all druget tit at fifty cents a ie package, so, ite sales exceed those of ail similar remedies combined, eon 3, rita Fyre ‘ramid Drug vert Marshall, Mich., on cause and cure of piles, bonda maturing in | f GOLD EXPORTS Of HIGHER MONEY, Demands on the Market Con- tinue and Bank Statement| Likely to Show Effect. To-morrow's bank statement pected to reflect a number of o1 his week, in all of which New York suffered an aggregate serious ot cash Qufte unexpectedly San Francisco has called upon Wall street bankers for a large sum—$3,000,000 up to date—and It} {s provable more may go later on. loss, Sale of Suits a Vogel Brothers’ Winter Suiits and Overcoats represent the | s dr est art of men’s —made to tit up to the style demands of the shoulders--with collars that tit the line possible only in the finest cust You'll come here sooner or later if you want s' moderate prices—then you'll see the real ciffel Vogel Brothers’ clothing and the ordinary kind. Men’s Winter Thisis the winter overcoat we have made popular: at trage ‘They're cut very loose, 50 inches long, with bis, Greasy Goats broad shoulders and wide sleeves —made of Oxford frieze, Pictured above. The usual price is $20. Our special price $15. Made of vet Other Style Overcoats, $15 blue, bl shapely sho very wi Men’s Winter Overcoats, $12 Vogel Broth at $12. ‘The ultra-fa Paddocks and Surtouts, $20 Men’s Winter Suits, S15 bodies and Pictured in The new gle-breasted and close-fit! roughish gr A large and in the new n Styles, neat its, mottled etfe Men’s Winter Suits, 312 Men’s Winter Suits, $10 even at $14 Young Men’s Great Coats, $10 friezes. Cut on the overcoat, Young [len’s Overcoats, $7 sizes 13 tot Special— Young Men’s Suits, $8, $10, $12 $10 and $12. ONE FURNITURE A LEW 45 WEST J4TH ST, FURNITURE ONLY. Vogel Br A2™ Six Cor B Ane pell bottom. With a grace of line and swing only possible in fons and frie Jong, cut with broad, square shoulders Fifth avenue 3-button double-breasted and militar: bets, shagey blac rich, soft-feeling thibets and {i No better value we dare go to pive satisfac fancy cheviots. ———_ With the same snap and style as the overcoats pictured above, with big, broad shoulders and lone, narrow, close-fitting lapels and collars; very long and loose; sizes 13 to 18; made of Oxford gray Special at $10. es with broad full loose back—a 1 Special at $7. Ss caeeeesagreceesnmn The popular new 3- sack and the sizes 13 to 18; fabrics with pl also fine smooth-faced black thib HENING ga’ ANN) SATURDAY, Established 1868. E) TILL 9 P.M. tere Sw.Cor. uid Ave. 10.30 P.M. YOUR CREDIT IS GOOD. Open an Account and Pay DOLLAR A WEEK. LADIES? SUITS AND CLOAKS AND MEN'S CLOTHING, Cxornina ano Cioaks Most this money Is to be used in oN mov Coast grain to Sa The | for demands upon New Y +, ?, 3 \ For Men, Women and Children, & HUDSON RIVER A, have aggregated about $3,000,000 for thy \ week, ad the banks have lost to the | Hats, Shoes, Milinery and All | PHE FOUR-TRACK TRUNK SiG Drone uty alng ey neta bce Uae Watches and Diamonds. VIA NIAGARA FALLS, ment nearly $4,500,000. $1 er Week Traine arrive Grand A possible #h f. in the Joan ween w D ie chty a large ¢ Manuatran Cornice co. FOUR STORES: Ill4 3d Ave., near OSth St. 2274 3d Ave., near 124th St. ft’ Sec Shaw's policy. when Is to follow ent of cloulation by Govern a withdrawal Btime a AM Grand ~IMID3 ‘rhe bankers claim that there ts ttl 295 8th Ave., near 25th St, 15 POSITION | FLYER, THe inveircafation at beat, aid 4f they Ree Malmpered be, nrovislonal threats tie | 700 Broadway, Brooklyn, y 457M. tengo LI, situation will not ha tiered, OPEN EVENINGS 54 LOCAL Steps ‘They also say that Wall street must “ took for higher money rates for an {n- 30 { Soon w ofinite period, of else submit to heavy | f REET 5 2 exportadtons ete DIAMONDS ON CREDIT 45 the other. Lhd he ; f CARES TEWUNU HE Nini aNreinSE Canes any WANT YOUR ACCOUNT 10.3 many loans were made at 5 and tires retail, acorve adild to our ofa esta per cent Tisha wholesale. bautneng. (a 11.3 ‘ 12'5 i Pees DIAMONDS WATCHES JEWELRY SERN LIMITED, Ialanapelte 1: 26 St, Loule 6.4 M. next ou Aer pone hea) Uisireb. vem uo ca i f ng ati Sita CRNTURY tse s hour train to 1 aceon tt ten end fame P. 4tALBANY AND re FLYRR. L.WiSWEET &’CO. HERAL ACCOMMO- pe 5S 20019 as ocoo Act *LARE shone LIMIT ae RETA SLANE INSTORE 5&8 SIXTH AVE N.Y. 67 FULT ONS T. BL YN: CREDIT fvé | EVERYBODY. | CLOTHING MEN AND WOMEN ON Easy WEEE { MONTHLY PAYMENTS. Ls Sane CO TPOwW Nm =o wWOoww M. MV ESTERN EXPIEOS, 28 houre tla both La 8. and M. NIREAL EXPRESS, via Dy 1G on Rattan 10 M. ALINONDACK AND MON | Do TREAL & 8.00 ?; Heol AND. TORONTO Nia M. Die, Buffalo 7.25 A. Ma 33, Torsute 10-3 J THIRD AVE) NEAR 195TH ST. 81 COLL SAVE, N TH 8ST. TAL | MAM BUSINESS CONFIDENTIAL OPEN EVENINGS. nly for Rochester, HWESTERN 31 Indiaaapolt NEW CREDIT SYSTEM Chotiilng for Ladies, Men and Boyn socuruty requ red Ur deilveries. made pay the Orsi payment aad Suuday, rie JM DEN ISION Make you Wales wen at 113, OPEN EVENIN W We Give Credit. aRe ; ft i siatangeh Bete count NEW YORK’ CENTRAL ROUTB | STANDARD OUTFITTING C 20,, 118 West ttth 80, Nenr ath Ave, CREDIT tea ven Watches and Diamonds «se st) NeW YORK, LOsiUN ANv NEW ENGLAND. | wid aad the AILROAD. er RR., Lessee.) ciiral Statlog, | FORA: Men’s Winter nd Overcoats. iets wre west Prices. Ie. able Good My. oe S eee, well—made to wear well —i SSACTIONS CONFIDENTIAL day, with broad, square, shapely , i Diane iM sctive Sew vat 30 Re aes sell oe sq tess ely Americen Wate’ and Diamond Co., (th Seed ke Me ee neck snugly, and with a grace Off) 12311 TAKE BuGVATOR Vark Centtal’ oplees, . y & aanndccand at Grand’ Central” Rtattonte om tailor-inade clothes and ours. ylish clothes at ence between Taal tend Gk RGF MH. DANIELS, Pamenger Agent. W EST SHORE ry fine kerseys, moulles and triezes in 44 and Oxford, ul inches long, broad, et collars, full ful folds to a $15. Taggage, checked. from tontt Expres C.¥. LAMBERT, Gen. Pass'r Agent. Sp endent. = Pennsylvania RAILROAD. > SEATIONS fuel ot WEST YWENTY-THIRD, 8Te 4 DESBRC STs ninlenaly for the most ner. Maly tow who i a meed A ed and Hilo nh detent artort hers’ overcoats, Made of Oxford mel- 's, blue and black kerszys, 44 inches Special ital 'S ie trestmne car7 Orme Mier ile Ni tad mci ENTS THE PLATE § Shionable overcoats, made exactly as the tailors make them, tight-fitting upper Jong skirts, made of ¢ ord moutlles. itabove, pecial at $20, ty-third wt. noted. $5 A. ML PAST. 3 sin- sack suits, with pe ad, shapely shoulders en eating or talking, 69 A. AL PENNSYLVANIA LIMITED tine collars; madelotblckand Blue this nan Fan tae yaaa are t ‘uinpartiuen i ining, Suioklog ing collars, made of blick and blue thi Hiting that dental acl Cate Pore Culetaareel iene if they mie be tadle Noch ‘Toledo, Cinecinnatl, Indi ? Toteac atl, Indlapapolig Lou! Y M.—THE PF 20-hour trata to Drawing-rooi, rr where Fou removing ter artitic are required. Teeth Without Plates . &4 1d Crowns + worsted chevicts and the new Special at $15. eens and grays. ping, Dining and handsome showing of suits at $12; cut M.—ST. LOUIS EXPRESS—Fot Pittes . Indianapolis, Loaltvitle, Mite Va vie Teeth i 2} MICAGO AND ST. LOUIS EX- military single-breasted and regular sa Le CEOWAR Eee < Toledo, Nashville. vi dark effects in cassimeres, fancy chey- PAIN : Sliver Fillings «s+ + 800 Stee jadianapalls, Chiceg®, Cleaning Callan we wil be vlen it gray and Dining Gar. For Welch, W. Special at $12, “Rotte) in town than these $10 suits—not This price isr boitom, as low as Made of black and Special at $10, Hoare to! KING DENTAL PARLORS RELIABLE PAINLESS DENTISTS, 26 West 23d Street, near Sterns, In. to 44. Sizes 33 HAIGHT & FREESE STOCKS, BOuDS, GRAIN. COTTON, on request | <bound Wlastrated “GUIDE TO | ND COTTON MAR- le Banking and Financial same graceful fines as the long, loose shoulders, narrow collars, tle shorter than the great coat; 8; made of Oxford gray overcoatings, T aH: ry Bore, 238 48 RAILWAY — YARD AIR WH] be pleamed to gend you el out 400-page | inves alae STOCK, button double-breasted long roll single-breasted military sack; ty of life and pecial at $3, RS, asued grat, mailed free. new JAcoB BERRY & CO. brokeraze Grain, ND CARPETS. Real Estate | T cheek baggage agh tod) tenth st, sold Immediately wellin ences th IN? S 267 WEST 125TH ST, FURNITURE AND CLOTHING, OPEN BVENINGS. GEO. ROBINSON (LAWYER), SUNDAY WORLD. w Nassau st, (Day.) 1370 B'way, 87 et, (Bventage, basa MOR :

Other pages from this issue: