The evening world. Newspaper, December 8, 1902, Page 9

Ta PROBLEM HURTS STOCKS. _Finandial Outlook Gives Concern to Leaders on the Street and Pronounoed. COPPER SHOWS SOME LIFE. Page Anticipating a decided squeeze {n the money market between now and the new year, Wall street to-day re- | | Bumed its policy of curtailing activ- ity. The day’s transactions, small in volume and limitcd in the number of ‘issues dealt in, were induced wholly Eby ‘the unfavorable outlook for + money. R , Prominent bankers and heads of ,, companies, who have recently | visited Washington in the endeavor may bo expected, have returned with rather discouraging reports. — | “There is very little chanco of any important financial legislation at this seasiqgn, and absolutely no prospect) for any further relief from the | United States Treasury, however reat the temporary need. The great demand for money to} Meet the needs of business at the/ year’s end, coupled with tne steady; volume of money still going to the; | West, presage a period of calling in | Jouns and bn active liquidation of _ Speculative ioug accounts. Call money advanced to 7 per cent. | in the early trading and all applica- tions for loans were carefully scru- tinized. It was this disposition on ‘the part of the bankers to cut down loans that had more effect upon the market than any other news develap- ments. London was more optimistic to- day, It bought 10,000 shares, divid- © ing-the purchases among the general list. Most of these purchasees were for the purpose of closing up the foreign short acount in evident expectation of better prices and higher levels soon after the holidays. Afialgamated Copper was one of the’ features of the day’s limited trading. It advanced on the definite -Yeport of a big pending deal for the settle:nent of the long-pending busi- | ness war and a closer community of Interest between heretofore rivals.. Hocking Valley Railroad shares were stronger on the belief that the ) road would soon take over the Pere Marquette road, which has just been acquired by the Ryan-Cox syndicate. Plans for the retirement of the preferred stock are well under way, too, and it is considered certain that | new and important developments in ee property will soon be made pub- Traction issues were featureless, Manhattan Metropolitan and B. R. T. sagging ot in sympathy with the rest of the market. There is a eral belief that Brooklyn Rapid it is to be to» next local trac: tion to feel the sitmulus of a real ne organizations, and reports of Presi- dent. Greatsinger's resignation, to be- come effective Jan. 1, were widely Py culated. rts from Denver that Hawley, Gould and Harriman would reach a satisfactory basis for a compromise before the meeting of the Board of Ree of the Colorado Fuel and if Company Wednesday helped ad- - yanee the general railroad list frac- tidhally. » a= ——— ____— | tthe Wheat Market. Phe local whea market opened steady to-day, due to the @rmness of cables with ‘moderate world shipments and a “ debrease of 940,000 bushels in the quan- “tty afloat. Prices were about 1-8 to 1-4 of a cent Regie than the close Satur- with December again showing jar at! th, ‘The clear oid West acted against wit a ree i Bus 2 bey 14; July, 42 vant ry, the Berger suit, whi a Which th Hat gue decided in favor of wine Sorpora: is ist prises Pb “it SO ard , Effect ‘on Market Dealings | | ver to-night or to-morrow morning, te" aseertain what financial relief) payin Hawley und his attorneys | la ov jon pa COULD HAS OF FER FROM HARRIMAN Suggestion Made that They Pool Their Issues in Colorado Fuel Fight and Divide the Board of| Directors. TO LEAVE OSGOOD OUT. Edwin Hawley and Edward H. Harri- man are sald to have made a proposi- tion to. the George Gould-Butler pool in Colorado Fuel and Iron to compromise their differences and divide the directors who are to be elected at the special meeting of stockholders In Denver next Wednesday, The Hawley-Harriman forces evidently fear that Gould and Osgood will poot their issues and leave them out entirely and the offer to compromise ts made with the apparent aim of insuring the downfall of President John C. Osgood. Mr. Gould's party should reach Den- nd. eo! due there to-day. This will give the opposing factions over twenty-four hours to arrange a trucv or to enter the courts in @ battle over proxies If peace is not made. The Spectal Master in Chancery, who received the Gould announcement that protests were to be entered against Iron was practically ignored in the trading. There will be little activity THE CLOSING QUOTATIONS. “30.900 Amal 20) Amer. Copper 00 Rubber Goods pf. 190 Slors Sheff... $.000 Southern Pasine 1.700 Southern Railway’. {0 Bournern Hallway. pf 1, Southweat, 100 Stand, & Twi ‘anadian Pacific 1,800 Chesapeake & wanis.. 20 Culeago Gree: 91,200 Chie. tt, ay 200 Gal Tern, & 100 Chie, Union Tri 200 Col. Fuel 1,700 Col, Southern .. a bay eaten let pl. Col. Southern 24. pf. 12,700 Col. | & Hoek. wa” 1 ie. Central 100 Wie Central pt. by) 60 ‘The total sles of stock were 253,600 wharss, 100 Den. & Rio. i aE an GOES 300 Den. @ Rio G. pfs... Connolidated Exchange Sales. 700 Erle... é joe Hish, Low. Clon. Amal. Copper... American lee Co, American Sugar |... i « 700 For, “wort £ be. oral 100 Geno 1 ‘Aim. Locomotive pt 1, i Ateh., Top. & 8. F, ‘300 Hocking ig |Atch., Top, & 8, F, 590 INinoiw 143% | Baltimore & Ohio 100 i aper yy T. 100 Towa Central iy 100 twa Central: pf. 3 . O&M, Dy ms ee SaeveEnBae: 2: Sou seuss teanesesnsceas as cy BEE ESTES ES SPE PEEET, = tral Ps Total’ eaten of stocha’ wore 98.00% sneoe Members of the New York Stock Ex- change are much exercised to-day over "/a@ ruling which will become operative when the new building ts opened early in February. Heretofore members of the Exchange have not had to pay for their telephones Lawyers for Corporation Say He Did Not Act in Good Faith} o» the floor of the Exchange, the only i i ax rel sre bog! bein, io a year in Bringing Suit. a new rule of the Stock, techange Gavecriae Commitven® sore hones here- after must ording to a seheaule ‘ran from $00 $168 sean Guthrie, Cravath lerson, coun- | $3 aE, = Tale Mates Waal cons: | Ree ing to location on he floor ot egetved upon “the ae the Exohange, dint the Court of Appeals, ‘i, er "i the abpeal taken from the| NEW YEAR PAYMENTS BIG. ‘Chancellor Emery in the ‘Counsel for Steel Trust ty veseen lis the anne ta January Disbursements Will Ne About $200,000,000, The money ba that the construction WOE Net) atsees for pets Seen Dae bb bie ry, Mare! iT STuly. 47 3-8 bid. t aey, December, igen, ? 8 May, 43 34; Jocal cotton market opened steady i. pris prices Malia iat two nts higher, The market arte vin the initial dealings, notwith- 3 di he bearish conditions at the hére was a decline of two points art Se short sellers and "ome |i he commlssl . : a) ourith stead lulet, Contan-| with ia quoted ai 7 Sipe nie: Se rea TTY Dee 2 tis." an is acces to increnee the settlement. ‘Chancellor regarding. the|t%@ Month appears to be firmly fixed its duration of the dividend period on the|@round @ per cent,, and both call ani a meat peices were: SPAT Stcgh pplther. gives, reason us time funds are not any too plentiful at! eaning to the fa: nor sarries out the purpose of the Lege | bat figure. Te bh paseiae the act of 1907, Arrangements are now being made tn that! wail streét for the tremendously large | when © acted It was not from an: | Dona fide desire to, protect the interests | payments in dividends ang interest which {he Cotton Market. of the company, but to extort. money| “te feveaiimated that the New Year dis tains the charge from the defendafts by means of a] pursements Will aggteKate nearly, If no Let LONDOW MARKET DULL. | pon, eoeculatve contmltme ivi i Hy ended fa market, to-day was dull ee stock market until after the New Trac ona ver: Pees, scale The ear og, exchange quotations to- very oat ¥ | ad ng ge 4 0 onal nai leatly unchanged, but tivity nt Hi whole marie poll Sy Be eioriy. of comurercies Billa was couoh sing i Paria aby | SDemana pnd ‘sterling was 4.8720 and ara, ere 314 Rands and Ba Bast ‘Rands t Broker's Stables Burned. SOMBRVILLE, N. J., Dec. &~The ae WALL STREET A LONESOMEHURST FOR rive cameo NOWADAYS. Higginson, T. L rmore and other | Boston intorests In Calumet and Heels, | Mr, Rockefeller’s object 18 to secure a working agreement between the Trust | and {ts most Important independent rival, so that the Amalgamated Copp proxies for siuck now owned by George [ater tethers At eie "ar “a & Ader r president. of the. Unite s Steel Fede eG La AE) CELTS) |Gorporation, while in Kurope has been it Wednesday, jan important trader in copper metal To-day the stock of Colorado Fuel & “With Christmas only two weeks away the profeseional stock traders and Ito Tinto ‘shares, find customers few and profits small. in it until the result ofthe Denver mect-| Market and brokers’ rooms are quite deserted. An air of quiet has settled Ing is known, over . he fitrent and dulness is noticeable everywhere.”—Wall Street Note. The public holds aloof from the | of Amalgamated Copper share is ROCKEFELLER WOULD END WAR With Other Magnates In Copper Trust He Seeks Peace with Boston Forces to Control the World’s Trade. HE HAS MADE OVERTURES. President Henry H, Rogers, William Rockefeller, James Stillman and other prominent financtera indentifled with the Amaigamated Copper Company—the Copper ‘Trust—are making a strong of- fort to reach a harmonious ngreement with their strongest rival, the Calumet and Hecla. To William Rockefeller has deen In- trusted the diMeult task of getting tho heretofore irreconcilable factors to- gether, He has held several conferences ro- | cently with representatives of F. lL. Company may renew its old scheme for | ing the world’s territory dmong the ous dig intere: 9 that competh- no longer exist and profits be 1 as A recent buyer and is leaid to be evidently buying with 1 ‘knowledge of what ix belng done toward settling the copper war, He 1s also report BOND TRANSACTIONS. | 105% 3 NaC of dex prior Cen Branch tty ts In 440 U0 soos 101 NY Gan @ HW tat cea Pac wd dan 400 3 Cea st Ga cone a) in 20 ee 8 Gas Hi L Me P 4a | Rypans Tadutes, doctors and, | ENNIS & STOPPANI terse Te Ontario & West 4s 2000. % Ore Sh’ Line Ist con Went Un fund a Wis Gam gen 44 veal emt 44, Boiesaess | Government Bondn, Bd. Aaked. F107% M8i$\ts coup 6.108% 1091s reg on 107% 1084 Isc new - 19 107% 108% 8 reg on 1ODK 104% | 108% — (Ba coup... OTK 104, <108X 109 _|D._C. da @Sm123% — | Genuine | Carter's Little Liver Pills | Must Bear Signature of (head BEE FACSIMILE WRAPPER BELOW. CURF SICK HEADACHE oot Mow for mankind, 10 for Se. at druggists. Banking and Financial {Conro! Stock Exoh Produce Exch Rat, 1853 8% BROAD ST mG 5 CERT.) 560 BROAD) Onters noltet CKS, COTTON, WHEAT. el of desitable STOCK & NOND INVES IN’ HAIGHT & FREESE Pia a hah om Seant Air tine fe jena Air Tine ; sbi “CURB 3 BROKERS ROKERS BUY OIL. co. 63 DROADWAY, N, STOCKS, BONDS, GRAM, COTTON We will be pleased to send you upor request @ur 400-page cloth-bound Illustrated “GUIDE TO INVESTORS,” also BTOCK AND COTTON MAR- KET LETTERS. Iesved gratis, matied tree Dentistry. UNTIL DEC. 15 alae Sats of Toath Croton) re K Gold Crowns, th tooth, rH Gold Filing 3 Higher. visa eed Rolls saees. sh ped and you wit oR. Ties ‘DENTAL PARLORS, } | 44 EAST 14TH ST. | Open evenings ll 7, Gundays, 9 to 3.5 | __ Lodges Sarit and Hoeioas INTERNAT: BROTH ATRIGAL WORKERS NO. Swill hold. epocad mocting on Dec. 11 for nominations, and on Dec. 18 for election of officers. Members can not voto they have thelr due cards, olla open unless trom 4 t0 10 >, G. WwW. wHITORD, Recordiug Secretary Lost, Found and Rewards GO WEWARD for ing aulta lost by errand boy on day bight aU 7 o'elock between 30th a on Broadway, of any information ena to the recovery é me. questions asked. 1. shellehs Et LosT—aatarasy z eo etemneenrnenantetnne a mach nan turn Of boxes comtain= short tall. ac Fra wont a Helo Wanted— Male FOODS 400 Bremen: “horeewhowr, at Ti outside otead: with. prices advancing inter f. large volume of tradiny ed, Sti | Wage Compaen worktr on ‘a - and 108. Resictaes tor entive stocks: World. y. Call tos cae Rn gromes waaws, ‘plese Work, Asdivta Bit DIED. NEWMAN—On Sunday, Dec. 7, at No. 12 Soldier wrest, Jemey City, THOMAS @, NEWMAN, beloved husband of, Margate, Newman, sged 0 year. evetat eoatian bereathon, 2 4-Room Apartr Cash or Credit. For Sale. Christmas Gifts! Diamonds, C W. Sweet&Co. Leading Credit ) 37-39 Maiden Lane Uptown Branch, 256-258 Sixth Ave. Brooklyn Branch, 467 Fulton St. BSTABLISHED 1855. CLOTHING CREDIT. For fen, Women and Children. flillinery and All Kinds of Furs. Watches and Diamonds. $1 per Week. Manuartan Cvoruine Co., FOUR STOR: 1114 3d Ave,, near 65th St, 2274 3d Ave., near [24th St. 295 8th Ave, near 2Sth St. 700 Broadway, Brooklyn. OPEN EVENINGS Hats, Shoes, ow ss KEEN Millinery. Tuesday, December goth. Sale of Trimmed Hats and Bonnets, 56.00, Former prices $15.00 to $35.00 Misses’ and Children’s Hats, 33.00, Former prices $10.00 to $20.00. Lord & Taylor Broadway and 2oth Street. BAUMANN’S Furniture and rte 3-Room Apartment, furnished complete, at Whitt: ‘ Ox List UF GOUv5 FOR THeSE ROOMS, ent, furnished complete, at...... 69.98 City or Country. Cor. Sth Ave. and 46th St. OPEN SATURDAYS UNTIL 10 P. M. Open an Account and Pay fC DOLLAR A WEEK. FURNITURE AND CARPETS. LADIES’ SUITS AND GLOAKS AND MEN'S CLOTHING. LEWIN’S 45 WEST 14TH ST. FURNIURE ONLY, Watches, 50c. A WEEK. ployerta references re- lellvery, Call, write or Jewellers, (In Store), . mach! » to CREDIT.» | you may require tn nery, Furs, W, Merchant Tailoring, 1 ‘Open CREDIT | | | $84 COLUMBUS | Bust We sell Clothing for mea a STANDARD oUrerrrING c0.,| N 112 West 14th Si. WATCH CO., Fine diamonds, watches;| DIAMONDS, jewelry delivered en: business confidential. | payments THREE MAIDEN LAN on ners confide: ; JA en's clothing Made to| write oF Leleph T, Broadway, room 7. | 1ane (upetatry) DIAMONDS, watches, rtlitble weodas repr & HUDSON RIVER. 8, Re |THE FOUR-TRAGK TRUNK LINE. AGAKA Lary: "Empire 68, will op. we oe Te eee ue Buffalo aRUT Exbaae, = hws a 1.0) bie Clactunatt rs indlanapaila sGlactunatt 1 103 0.9, pola 34.20 11cAGo Ia faioti Pe Mee i eG RAND RAPIDS” SHORE, AtiMiTED. at Pullman M.. Hica 30 Four iene the Due Cleveland 7. it MONTREAL ‘exbntse aD Bt—*ADIKONDACE A PRIS. PACIFIC EXPRESS. Chicago » 01 a | Sonn pentacnte by Wwentente pte NEW YOR K NEW YORK, "BOSTON van ‘D get ENGLAND, For Sale. YOUR CREDIT IS GOOD. a Bara 0 ee whcran ‘ann. i a Gen. Passenger Agents WEST T SHORE RAILROAD. Ciew York Central & H. River RR, Phin eo rons rate Franklin Bt, fot cited 1430 atte Teen iim Tor Det, Cat. 267 WEST 125TH ST. FURNITURE AND CLOTHING. OPEN EVENINGS, Dat pt Sun ya Aeon Bf 110, OA 50 Cents a Week, |S, H. SMITH, ‘Gen}. Superintendent. rene ROAD. fn! “NMG 00'1$ THE PENNSYLVANIA SFWCIAL— Be Puliman 2a Lo ndianapolia, Chiesa, Thia machine only $1 down, 50 conte a Just Ike ent; price 319.50; guaranteed 5 years; we alto sel! first-class makes, New Home, Singer, Wheeler & Wilson, Domestic, House- hold, Western Union, Willcox @ Gibbe a: her makes: prices $15 to $35; second-hand maranteed; open even- | §.65'P. free. Write, saleeman will call, Me our train to srt “Sa P. BXPRI % hsctanai Indianapolis For Welci Howe Connesis tor’ CLEVELAND AND. Steams For ‘Pitteoure, Cleve Is ADSOLUTELY FRRE on requert for WASHINGTON AND THR sQUTHL 925 hy * 19 BAST 14TH ST, Het. Bway and 6th A uM. afiaNiid goas EVERYBODY. | CLOTHING FOR MEN AND Wome: vo Metropolitan, mite, WERKLY OR No: tia Express. 12-10 age i ‘ara, Dining Car and We Give Credit. women and enildren ah Prices and take Tenidences throws! c