The evening world. Newspaper, December 16, 1902, Page 9

THE WORLD: TUESDAY EVENING, DECEMBER 16, 1902. ALL THE sie TEST NEWS OF THE BUSINESS WORLD. Picture Books FRE LOAN POOL AN AD TO STOCKS.'* Car &@ F. pt. 100 Am. Cotton Olt 1) Am, Cotton O11 200 Anes.“ Expreas Am, 20) Am, 1,00) Am. Brokers Show Confidence in) 1%, 4% ysseed wey, i iv ret Tacomotive ape 800 StL. & 8, F.2d pt. Fay Market Dealings and General asa Sea Pei : : Toul. Poca Improvement Follows the Ac-| *: ‘ y 400 Tents Peetgoe wets: AS BO) AN 200 Hp bsse arerne tion of the Bankers. . & Ohio 9,600 Brooklyn Tt WAR NEWS IS DISCOUNTED. Steel a Leader in the Trading with 0 Sugar Prominent, While St. Paul tec Tere st. ae and Union Pacific Regains? Early| 3h) Giic TEm ny beth Losses. Y .don cae: he ot aint The course of the stock market was S. oh upward, though a reaction shortly be- 1 ed fore noon carried prices off some- 2 Consel Ose, ee me i bir what from the early high range. He- Prod Oe ee OH ee tween 12 and 2 the market was strong Pitt rtabert ted and the best prices of the day were 1B fa 1s made. In a limited number of issues Be RTM SRL Am, slight weakness manifested itself, By 28 . Considerable strength developed in the steels. Common rose to 32 1-4 and preferred to 82 3-8, an improve- ment of 2 1-2 to 3 points from the low figures of last Friday. Sugar moved up to 122 and back to 114, later crossing previous best quota- tions. Rock Island common rose to 37 5-S and preferred to 80, a gain of fully 4 points from bottom. Free selling of St. Paul and Union Pacific during the early trading checked ad- vancing tendency, but later the for- mer niade a net gain of 1 1-4 and the Tater 3-4. The entire active Ist scored improvements of 3-4 to 1 1-4 points over yesterday's final figures. 200 Great ern pt 2.400 Tiltnote Ciniet ) Inter. Paper 190 Inter. Pump bo Inter. Pump 200 Iowa Centrat wn KC. 8. & Clty Southern zen Kan Gky “eoan pt: 209 Keokuk & Des Moines. 40 Lake Erle & Western 200 Long Islan: I, 1.390 Mo. Kan, @ Tex... 3 GO) Mo. Kan, & Tex, pf. 16,800 Mingourt Pacific «...... 10 During the afternoon a disquieting report about new and dangerous de- yelopments with the Venezuelan } matter drifted in and produced weak- ness, but the selling spasm did not last. The feeling grew that the South American incident would be quickly adjusted through the peace- ful intervention of this Government. v, w 600 Premed sicel 409 Preceed Steel pf, 100 Quicksilver. 459 Ry. Steel Spy 49.100 Reading 990 Roading ist ot. i8) Reading 21 pf. Erle .. Hocking Coat Hocking Valley Central Louls, & 3 Manhattan ‘To! Union Paciso Rubber Bt £7.00 Unisn Pacing 1,400 Unton Ps 8, s 8, . 8 8. 8, 8. 3. Consolidated Exchange 3: Open. High. Low. Cio Amalgamated Copper Be 56% 55M Toa Co Leather Central eas 10,060 Rock Ialand 7,900 Rock Island 10) Rubber Goode pf. 200 Rutland pf, 40 Slows Shefteld 32,400 Southern Pacitle =... 1109p dourhera, allway. St. L, @ 3. F, ; THE CLOSING QUOTATIONS: The total aalea of stocks were 661,100 shares. es, oM iat RR 1% | stock and the Issuing of bon: HODGERITS BACK Unfair Dealing Charged in An 3 Bond Issue. o1 ‘°|DIRECTORS ARE SCORED. TRENTON, Dec. of counsel to-day fled here hi: brief in the appeal taken by the Unite Vice-Chancellor Emery restraining th retirement of $20,000,000 of preferre Instend. The brief contends: First, that th | corporation was not legally entitled t not continuously declared and paid div! | meeting at which the bonding schem | was adopted. Second—That the assets, after deduct and outstanding. Bad for Stockholders. Thrd—That the directors who stockholders to ratify It were Interested and ecxpocted to share a commission 0: $10,000,000. and syndicate, wan contaminated by ac tual fraud om the part of the directors Fifth, that the execution of against the stockholders of the holders of preferred stock who migh' have subsoribed for bonds to the ex and should desire to subscribe for addi tional bonds. Sixth—That the requirements of the act of March 28, 192, as to the decla tion and payment of dividends on the corporation's preferred stock were nol complied with, Seventh—That the action of tl tors at the meeting of April 1, the bonding scheme was adopted, wai illegal, by reason of the private inter. ests of the directors, Unequal and Unf. Fighth—That a contract be: direc. some of its directors are which aireotly, or indirect! ly, ested, Inter. The money market underwent slight changes. The bankers’ rellef measure had the desired effect of quieting apprehension of acute strin- gency. The fact was also revealed thet the monetary constriction from \aich Wall street is suffering wag) more imaginary than real, as not a} single draft upon the $50,000,000 had heen made late this afternoon. Call inoney ranged 6 to 6 1-2 per cent. LOAN POOL NOT A BULL SUPPORT. Brokers Given to Understand S that the $50,000,000 Is Be- hind the Market, Not in It. Ate & 8 F gen te 01% Consol Tod 4a 32000 ‘50000. Somé of Wall street's enthusiasm over the $60,000,000 "money pool” was diss!- pated over night by calm consideration of Its, ulterior significance, Tho general opinion to~day Is that the 8000. ” Chi M & & P 4s C&P a monetary situation beneath the surface As 118% wes much worse than the stock mar- a ket community imagined, othorwise the ae bankers would not have taken the un- usual action. The street has been given to under- gland that this $50,000.00 is behind the market and not in it—a distinction cal- ehlated to dampen bullish ardor. “The bankers providing !t do not say that this money shall be used. to bull the market. It fe to be held in re-| 20 serve for the use of interssts who Hho, “have a right to borrow money," i None of it will be at the disposal ot| fu" margin operato 2000. By those who “have a right to bor-| 1% row money” is meant those whose| 3000 me loans are about maturing, and} Who woul be badly embarrassed in| “G00. a the event of being unable to renew| £000. ty these accommodations. B00 At 4s understood that it professtonal| 6000. speculators take advantage of the moral effect of the ‘money pact’ to bid up prices unwarrantably, the banks will repress them sharply. to @ late hour to-day no call for pee had ben received) by the 000 pool. Call money opened at Ber cent, to-day, and was in modera’ ‘The rate for time money W rast y unchanged, for sixty and hinety days, at about’ 7 per. cent, Sterling exohange was slightly firmer anf the only notworthy change in the domestic market was a surplus of New rears exchange on this city. been no currency transfer gut of olty for some days and in- Gications point to a return of money from various interior points, re STORM HURTS TRADING. ‘Wires Down and Wall Strect Brok~ ers Cut Of from Other Cities, Professional traders who addresaod Uhemsolyes to-day to the Upbidding of were handicapped by the absence of outside business against which to speculat The telegraph was working badly. Boin of the. largo wire houses were unadle to\make communications with Chicago. Washington business came slowly and there were no workable wireg to Hot Springs, Va., the report many Wall street men are now-staying. A- great deal of specula- WHEAT FIGURES DOWN. Available Supply Special cable and telegraphic advices to! Bradstreets this week show the ;fol- lowing changes in available supplies, as compared with Jast accounts whbat—U; can.. 5 sat an ng ae te xi & Afcat tor and 1 1 mupply The Wheat Market. ~ ‘The wheat market to-day opened 4) ang a-shade ‘Wire trouble ts still detrimental to business, there being no communication @t all with the North- west. Weather conditiona are against the corn movement to-day, but Mberal | 4 receipts at Chicago, together with easy cables, have wonkened prices a little. Trading was quiet and of a profossional nature, 4 New York's opening prices were: ‘Wheat—May, &1 1 ly, 78 7-8 offered. be toa 48.38 t vel Meher. Tid. Asked. | B Be ro.0TK 108K ‘aye Chicago's Monin —December, i 1. TT 14 July, 42 00, Wabash Ist 63 000. closing prions were: May, of- bid. ’ Corn 68 ee te en it by the lary houying orders an The Cotton ‘Tho Jocal cotton market opened steady 00) | to-day, with prices unchanged to 8 points The trading. at the start wad heavy, under, considerable profit taking, impelled by. the reaction In Liverpool, We weakness of the “number of oyernight the local market was weil eustalned in the face of early ket. 11544 104% 103% Tid. Avked. 1044 104% 19s ; January, 47; July, 4912 to 423-8; 4812 to 486-8. 4 ‘De- February, ‘Wheat 77 1-8 to 4 pid. Corn—December, & 6-3-4 bid; May, ly cables waa Inw, Which has bee for a quarter of a century. Ninth--That the scheme and unfair to preferred and that the action of the stoc ihulderse meeting could not validate the {ll action of the directors at the meet ot April Temth—That there could. be no lega ratification by the stockholdens, fo the want of a ful disclogure in the cl cular as to the interests of the direc Jafd down Is unde uneqital leventh—That the corporation diy not have ames ni legal); ‘ out the scheme, Attached to vhe brief are many de: cisions in support of counsel's conten. tlon, and as to why the {njunction should stand. "L ROAD THRONGS 2 SHOWN IN FIGURES. Wall Street Gets the Year’s In- crease in Passengers Carried and Wonders Why. The Wall street news agenctes to-day possengers carried by the Manhattan elevated for the week ending last Sun- day midnight. They were presented on the ‘page tickers" In the news slips in the following tatnlar form: 4,008,442 388.665 ‘The comparigons on’ which the “In- creases" are based are with the corres- ponding week of last year. ‘Those fig- tres are of general intePest, but thelr publication is something new, and Wall street is curlous to know why it was done. When the late Ro bulling Brooklyn Rapld Transit he used to publish tts earnings every day. The publiehing of Manhattan's daily “busi- ness recalls Mr. Ww methods, It (a Believed that the Gould bull pool in Han has yet a lot of stock to be distributed: $< LONDON MARKET FIRM. Strength Loan Pool Action Give: to American 1 LONDON, Dec 16.—Supplies were Iim- ited, money was in active demand and rates were firm to-day. Discounts were easy owing to the scarcity of Dilla. On the Stock Exchange the cheerful- ness of Americans, consequent upon the announcement from New York of formation of a money market, erally, but bust Ing to the absence of tho depressing weat SHIPPING NEWS. PORT OF NBW YORK. was restr) ARRIVED, Antwerp Hgoa Bay + Mobile au Pria ‘Banti January, ae ‘to 8.08; 10 8. 40; July, 84 bid Gepterher, to of- Seaurance, Troquiots, Charleaton, , Jauary, a3; July. 8,36. May Raise Hxchange Tax. ne RE aati OAR tet INCOMING STEAMSHTPS, . sp DU T DAT. Dona Marli 2, Eine, bah aes membérs cf the Cotton gp with pronosities chee yy ea atk ta Suse «AT STEEL TRUST swer to Brief Filed in Suit to Prevent the $250,000,000; 16.—Robert H. Me- for J, Aspinwall Steel Corporation from the decision of carry out the acheme because it had dends at 6 per cent. on preforred stock for a period of one year preceding the ing the indebtedness, are not equal to the amount of preferred stock issued ap- proved of the scheme and urged the Fourth—That the conversion scheme, including the contract with the bankers the heme would discriminate inequitably cor- poration and especially against those dtent of 40 per cent, of thelr holdings when veen | corporation and some of Its directors in is vaiaable 4 essary in value to published the figures on the number of a $9, $10 and $12 ones, ‘ell P, Flower was shee 1 found @ costly chemical tu _publle support and er. CENTRAL ROAD BACKS DOWN Prominxenx to Retain tte Sietion at Ired and ‘Tenth Street. ntor, of the Borough of tan, to-day recelyed word from w York Central oMcials that the station at One t, Which {t bad Sere State at Nat “meeting. of the Heitronal Commission ————— THE WOMAN WHO COULD NOT BREATHE. 8 | 6 o. e Imagine this tady sitting af an open win~ | dow, gasping for breath, face blue for | want of oxygen in hor hing her doctor at her side tryt: to relfeve her, expecting every breath to be her last This te tho pleture of Mrs, Anna Kapp. 40) ED. 60th St, New York. many months she: hd’ teed every: treatment for asthma known to medical selence, but finally became discouraged and heartbroken, ving her asthma to be incurable, ery treatment failed She had alwa: VJ henrd that asthma was incurable, but se f | Was not willing to die without making one last effort, When she heard of the Koch Lung Cure and of the wonderful cures that they had made, and roalled that the treatment em- bodied the newest and most advanced {deas In medical setence, she determined to try patment, for the principle of Inhallng Vapors directly Into the lungs ap- Aled to her common Fonse, sho applied to the Koch Long Cure, 48 W. New York, bé ¢ rhe bad beard of others Whom they had cured. * After talking this treatment a short while all of the bad symptomn of her dineare disappeared, and she was discharged as cured in September, since which time she has remained in perfert health. Any one can call and see her at her home, 409 E, York, where ber neighbors and friends will verify the truth of this ‘They have no Interest tn telling. anything but the truth. Hundreds of other cases no Joan remark able and Cures no lesa completo than. thle one aro on file. t rt Lung Cu 48 224 + and see the hears LS Ret the t If this disense {fs curable by th treatment, is it not cowardly to suppress the statements of grateful patients? ‘The truth be ensily Verified, for the bundredw of testimonials are from former sufferers in your own city, at your own door. “Let the tent 1 e e | Tailoring iS i ensation. made or known, « Choice of my en- tire line of 2 } 0 5 Men's Suits, 50 ; | $50, made any way you wish, at........ Nothing reserved—I mean_the $30 and $40 ones—and 1 will make them up just as freely—at $14.50. Nothing reserved—1 mean the stapie fabrics dressy, subdued effects, just the same as the nobby, sporting mixtures—$14.! 50. No_ restrictions whatever—Prince Albert if you choose—to measure $14.50. Cutaway Frock, Double-Breasted Sack, Single-Breasted Sack—in fact anythii and only $14.50 to pay. Overcoats the same way—any- 45° made to order at... Trousers the same way—$7, $8, 4° choice to order at..... Sale begins TO-DAY—no limit as to wil be advantage in early selections, Fp Geshcicher 28th St care. The biggest ‘sacrifice 1 have ever were $20, $30, $40, and $50 ones just as well as the $20 just as well as the fancies—the rich, Coat and Vest, with rich striped trousers, you want, made the way you want thing in the house goods—no limit as to time—yet there 6th Ave. I Will Cure You of Rheumatism Else No Money Is Wanted. Be siclab pi 400) exporiin testing all known the world for someth hile searching Nine years Germany | whens ith, my previous discoveries, gives erta completely and forevet y 100,000 times. we this so well that I will furnish medy on trial. Simply write me Yiei for iy book on Rheumatism will mail you an order op your dru ‘x. bottles hoon's, Rheumattes Take It for t ‘month at my risk Cs no cost ts only $5. ai Cte ‘pay the druglet |mygelt—and” your bale rd shall decide Tinoan that exactly. If y Any ou say the re- suits are pot what I Ristna, X'dou't’etpect a penny from yo have ho samplos. mere sample ed to tho verge of danger. Sa folly Co tak ust get the disease out of tl ood. does thet even in the moat inate canes. It bas cured the at ever met. And jn all my all my 2,000. tosts—I never remedy that would cure o: them, re) Foy tremed % hot cant affect chranic Rieumation must | from Pupp: former yea have it—now qualities sold and The Bronx as far north as 180th St. 10 Ibs, Cofee—or § Ibs, Tea—or 1 Ib. express charges, within 25 miles of Manhattan. Established 1840, Tel, 3471 Cortlandt, The Gillies Annual Distribution. The children look for it—the old folks look for They know that they will never be disappointed in 1 the Gillies Picture Books—nor in the Gillies Teas tf or Cofites or Spices, which for been giving such excellent we begin the Christmas distribution of Picture Books, | Next day and the next—until all the books are gone, ¢ Six kinds b Raphael Tuck & Sons, The great color publishing firm of New York re | and London. and the Beast,” “Pussy” ixty-Two Ye satisfaction. To- eautifully lithographed in colo by The titles ar ippy Dogs,’ sABC,” “I’se Topsy Given only land” and “Ponies.”* S. —A good, pure, honest Coffee. 18¢ —A choice Cof- fee, thorough- 226 —The real rich Coffee taste through and through. 28c and keep © and year ou —A rich © cost a great est caterers could at know to be IN TEAS prices begin at 35c. for Teas that we know to be pure and good—no poor here, Then on up to 80¢.—and at every We deliver § Ibs. Coffee—or 1 Ib, Tea and 5 Ibs, Coffee—in Manhattan, Brooklyn Call, send postal or telephone. Tea and 10 Ibs/Cofiee—delivered FRI Call, Gillies Coffee Company" 288,286,237 &239 Washington St,, N. That no ore may miss them we shall be glad to jsend them also with goods ordered by mal! or telephone | when asked for. i\Cash Coffee. We know it to be- unequalled in this market to-day for anything like the money we ask, Holland Java. ly excellent in all respects—one that we are glad to recommend to all our customers, Bogota. Formerly so rare and costly that only the swell Broken Java. fee, it makes and keeps friends, Holland, Mocha& Java many customers to coffees that Arabian Mocha. genuine inthis country. direct from Aden, Arabia, fs ars have te morrow bi “Be “Tale to purchasers, as in —Hundreds families coming for it year in ut. A splendid C of come 20c Sollee. Preferred by 24c —There is little of the 35c dealmore. Try it, This we allright, for it comes step a full money's worth. f send postal or telophone. Bet. Park PL. « & Barclay St. our three ree. LW. “ @: Uptown Christmas Gifts can be obtained at retall Which we hare _lmimediate deltvers. 256-258 Sixth Ave. Brookiyn Branch, 467 Fulton St. ESTABLISH! Diamonds, { perfect ten years, for Five Dollars. will extract your teeth free, pain- lessly, in the’ morning, and have a new set home at ical discovery applied to the gums makes every operation absolutely | painless, mployer’a references re- Call, write or Sweet&Co. Leading Credit Jewellers, 87-39 Walden Lane (In Store). Branch, ~ M41 D 1385, Hours, German, GLOBE Piers WATCH SO, gor. John: te Gite, Come be ie MOH BT. 7 West 1th at DIAMC 0. tial Address ¥ DIAMONDS, reilable goo Diamond Wa CREDIT, Pa) i Site FASHION CREDIT HOUSE WEEKLY ‘PAYMENTS, — Diamonda, Watch strictly copidential: Df $1 WEEKLY watohes, lowes 1D WATCH CO, ch positively preven ningeatitiy ai ee Hen, WAY AND STH AVE. N.Y, bet. Sth and 6th a Evenings, 37M jae Opest event TYPEWRITERS wei RYE 7 FREE! see KEEN 1s0 Broadway NE, 180 Bway, STOCKS women's and ture; ent) # otot lng, 465 Worle. Jeaiiy ee yevteee Te tal ehly. or monthly way- NATIONAL, ver _noveltte “ $i GEO, Rob ED. RORINSN Gauze, Graygery HOLIDAT. PRES y dell amoads, % prisea TS weekly Cent TS—Hine diamonds, watches; ness confidential IDEN DAN! Gentlemen's clothing made .0 order, \287 Broadway, room 7 \bawiverss: ty arts es ’ bit oS Sapsnien ee ae NO PAIN. Here you can get a full set ot Waterbury Dental Paro, BROOKLYN: [ing Del bo UNTIL JAN. Gold Filing, $1 and No Higher, . WORK OR. TARR'S. DENTAL PARLORS, 44 EAST 14TH S pean ee oo Banking and Financial, _ Denti strv. warranted We fitting ‘teeth, ready for you to wear night. Our new botan- NEW YORK: Fulton St. 64 W. 28d St. ham (Opp, Hiden Muses.) 8 to 6 Sundays, 9 to.4 Fronch and Swedish spoken Cauleenene Dr King's BAFF treat ote alll other fe people. es or heart trai QUADRUPLE ATTACHMENT, ‘1 W.2348t W Near Stern’ in.toép.m. Sundays, toto 2 ent caneneneneeen oO 1 ONLY. Sets of Teath cies! 22-K Gold Crowns, $3 ridge Work, per tooth, $2 aga Uli 7. Hee 9103. HT & FREESE" CO. B2 BROADWAY BONDS, CRAI, pleased to 6 pu uzon cloth-bound icatrated STOCK AND COTTON MAR+ ved gtatis, mailed fred, COTTON, request YOU CANNOT AFFORD TO NEQG- SOUIDE To} 4.33. P, “Gnleaee LIK” neat warning. RACUBE LOGAL OUTH Bow cian 13 ey nal Bt —ACiKICAgO. ininrreo: 4.00 f.. ND CHICAGO SPROIIa M.—*LAKE SHORE Li nour trata to Chieago. All Cleveland 7.95 A, 130, ‘Intl is 910, Ci 9.08 A. 3 ne Pitted th Al alimen eure’ ea ait throagh Traine tiumtn with, Pa Ke 1, 415 and NEW YORK CENTRAL Rt NEW YORK, BOSTON ‘AND NEW ENG XigSPrinetale one Boston AND’ A ¥ Wan New York Central @ 1 coon wor BER, Traius leave Grand Genta Station, avenue and 43d stroot, New York, sa 15 Hioaton 00 A. Moy 112.00 1,00 artive New Y¢ WEST SHOk RAILROAD. - tral @ 11. River RRL Cosy cet Buataye es P. ale ‘ata. cr Be ) Aa email RAIL OAD ONS foot ot WEST TWEN STATIONS sfuleded AND CORTEANDT & EG Toe Leaving me. trom 33 A ast irked laud, ‘AL M.—PRONNSYLVANIA LIM Commparunant Sieepia Dining. ration Cai or. ty moking C t 1 Sincago AND Isr. 10u PRESS—For Toledo, Nashville 3 nall aad, Lanseria ‘Indianapolis, 5 Mi burg, Cineinna ahr Dian i MM NCLRVELAND AND xriinse—¥or Pittsburg, Cleve! S WASHINGTON AND THE SOUT} 55, 8.65, a aris eae wD and. Cortlandt (Dining Car) A. (Destrosog and Cortlan 1 Lam. (is ininiog Can), 0.25 P $3 (Dining Car), : Be SALAS, ee cE: by rr fi Kis aad New Orieane vee CHSSARBARE AND, OHIO MS PINT AON, rok, OLD POINT CoMtd rr! e,: Aa) Lep nae Car anrvion, HUTCHINSON, anager, Leer SUNDAY wore wane Ui Wit NOH coneluetyely that the. Wor! rey