The evening world. Newspaper, December 23, 1902, Page 6

ACAN CHECKS HN STOCKS ding Big Loan Pool He Jumps Money Rates as a Re- buke to Bulls Who Gave No Heed to January Disburse- ments. —d ‘under the directing care of J. P., , James Stillman and George * Baker the $50,000,000 money pool a eall rates for money reach 8 per “geent. to-day as a rebuke to the too ous bulls who have been sending “prices to a higher level for the last jar days. ' * The rebuff had Immediate effect. ‘Prices eased off. The booming market OSING QUOTATIONS. Share “THE OL High. Law. Ciose 448 8% Ho 634 148,000 Amal. ‘Copper 0 Bicycle A c 24,700 Rock DO Am, Bloyole pf. 300 Am, 55.200 Am, Shar 100 Ansconda Mining... 13,000 Atch., Top, &@ 8. Fe 1,400 At., ‘Top. @ 8. F. pf 800 Baltimore & Ohio... 14,000 Brooklyn Rapid Tran 100 Can, Cars Ae a fo ¢ Un, Trac & Alton & Alton vf NW © & 8b 1 Fuel & Iron Routhern auth, 2 & Hock & Hook. Val. pt 200 Con. Tob. pt 0. 0, $00 Cora Product | dof several days was replaced by low- _ g@F quotations in most of the issues. ‘Where was an immediate cessation of! 1 movements. Stocks which ad-! Wanced did so because of excellent; ‘news concerning them. | _ A member of the money syndicate | Senta: “We had to do something to re-| to Wall street's attention the fact that we have to pay about $150,000,000 © din maturing obligations’ Jan, 1, and Bt ate arrangements for this immediate big disbursement temporarily re- Squires all our cash. “It ts not possiliie for Wall street to carry on bull operations until the ‘banks which have to carry the bur- _ den have had an opportunity to get “the January payments out of the/ Bf way” ‘At to-day’s opening the market was slightly lower than yesterday's close, It rallied early but there were fractional reactions, The bears were encouraged by the attitude of the >) money poo! to make renewed attacks) 4 against values, but they found most} Blocks strongly held. While the financiers were willing that the boom ease, they frowned ‘upon attempts to cut values and let it be known that their real market position had not changed. Semi-official statements that J. Pierpont Morgan was negotiating a «Mexiéo had a depressing effect upor | the market. It was contended that) ‘if this amounc of money was to go aut of the country soon it would hurt the market. This view of it was given unex- pected prophetic force by the sudden tightening of money in the call “Money market and the increase in ‘the interest rate. A puzzling fer was the dealing in Reading stocks. ‘asserman Bros. bought 20,000 eharcs and at the highest figure of a ptho story that J. P. Morgan would!, 4 sition to combine and t.at the deal . as nearly ready to be a inounced. re houses, the hard coal production for January wiil be the largest in history, “being estimated at 6,500,000 tons, The | fact that the companies will receive trom 50 to cents to 75 cents per ton more than a year ago for It is alone sufficient to boom the stocks, supplied titeir wants it advanced to 7 and finally to 71-2 and 8 per cent., ‘at which figure belated borrowers to enter the loan crowd. About} # $3,500,000 was loaned at 6 per cent.,| ‘ot which amount $2,000,000 was loan- by the Western National Bank. BS ht BY CONSOLIDATED. WAM otipotidated stock Exchange nas expelled John L, McLean and suspended rw one year Charles W. Frost “for actions detrimental to the Exchange.” 4 1 ‘Phe action of the officials of the Con- > molidared Exchange was taken after the! had refused to show th mers to officers of the E ge. of J. L, McLean & Co. {8 one at u est doing busin: onsolidate xchange, it has branch oy in os ry ee Chicago, Philadelphia and ton and h ig trade Wt has hands offices in the Broad ange Bullding, which it has ooct qver pince the bulldng was erected. - MeLean, the expelled member, id this afternoon: whole alfa to the toc the Exchange officials to unand to seo the list of our c era, "Aside from that the fight on us is In- fapired by tho Jealousy of room traders . comm. , and on theatormy da: WHEAT SUPPLY DECREASED. © $10,000,000 loan for the Republic of /O“t Figures Also Cut, bat Corn munteations to Bradstreet's s\ following changes In avaliable sup since Inst report — Vo ure of the market oars. United Sates and Canada, Kast Rockler, ‘the day bid cash for 5,000 share lots The Wheat Market. 1 traits Hoteeaentee | clomaigsa Jwithont being able to get many! no wheat market to-day opened quiet Ivan interest se aaa takers. and steady, with prices unchanged to a © The strength in Reading revived) shade higher on moderate covering of “soon have the hard coal roads In po-| market will be closed to-morrow oper According to conservative banking| portance at ted against much business 0 r Intere oard. Weather conditions ported favorable through at. | Bile There was no forelen trade of tm-| Philadely the opening. Corn was | and Sehle had under co A steady and unchanged at the opoaing. | for some time the terms they are suld ew York's opening prices were: May | to have finally a 4 Money on call opened strong at 6] usvat. _ (per cent. Before many brokers had Dera COLLAR. - SBROKERS SHUT OUT | $00 Del. & Hudeon 600 Den. & Rio 0... 400 Dea. & Mio G. pt 100 Det. Kouthern 300 Det, Souther 100 Det. Un, Ra 100 Dia, Sec. Carp. 200 Dull, 88. & Atl pt Ama Amer | Aime ay Electric -.. 200 Great North. pf. 300 Hock'ng Coal 6.400 IN), Central 309 To} Ohio Rie iv Tet 1 +a Pas 8M BP. & 88M. pt 300 Mo, Kan, @& 900 Mo.) Kan & 16.8") Missourl Pact 4000. 2000 } 1 @ Q 4a joint 6000. in 5 ple’s Gap £09 Premect Steet 10) Prensal Steel 8,000 Renting 300 Reading 24 pf N77 7 +7000 wheat, 811-4 : 18014) Mav cor Chis when Shows an Increas a cable and teleg Speclal WHRAT g prices were ushers TAG8 affored; a, East Rockies, May 1 Increawd ¢ Afloat for and in Burupe, decreased Total supply, deceased 1,033,000 | Silent on ctrlc Deal. report from Philadelphia that W: hitney, ‘Thomas F. Ryan and Grant pleted the deal with | ChE & NW dob 1000. 1900. decreased 49,000 a Bano, t under. Company Whitney horts, ‘The fact that the Chicag ul Bleetr iys outright froky Willan, Sit (Copyright, 190%, Wm, Vogel & Son.) good clothes included—are so much to be desired as at me. to any garments ever sold at that price. it was working poor v je to «et all the ordei Rect, and this forms the basis of the Inst us, shall go on doing business as king and Financial, GHT & FREESE route. garments—an endless variety of them—$15. highest priced ones, are made with our famous improvements made in tailoring in fifty years. OPEN EVENINGS UNTIL GHRISTMAS. WM. VOGEL .& SON, ok StL gm i no) CRTe PRR 4,80 Canadian” Pacific Neca 400 Canada. Southern r 1.400 Chea. & Ohio... an ‘Trans-Atlantle Oe ores Ge ent furnished a aensatic 29,100 cr day, ‘The shares bre 200 01 3 hf 1034 72. 02. bua ou Morgan’s International Mercan- tile Marine Issue Just Placed | rus ‘in’s on the Market Hammered by the Brokers. | common stoak of the Intern: Marine Comp: camshiv 1 sate on the curb to- | feelded 0) Kan Clty & Pac Int Met St gen be 200 Met st Ry 40 2000 Mex Cen i ines | Me 1000. Lions 5000 trust be 000. 104% 1H). 2 101% Int col ba | KW) 108% | Mo Pac bs | 50% 101% Norfolk & West 4s M) % CONOAVE. SHOULDER, A SUIT OR OVERCOAT FOR CHRISTMAS—$15. There’s no time in all the year when the good things of life— hristmas Our Suits and Overcoats at $15 are beyond question superior C Woollens direct from the mills, garments made in our own tailor shop—doing things on the large scale we do gives us a distinct advantage over the re- tailer whose goods must come by way of a circuitous many-profit __._ Here are Overcoats and Suits made of the very finest mate- rials—with an elegance of style equal to the best custom-made All of our Suits and Overcoats at $15, as well as our , “Concave Shoulder” and “Close-fitting Collar,”’ two of the most important Mo P iat con 6» » Bait to $14. a share bid and few sales made. There was also a wide discrepancy in the bid and asking price for the pre- ferred stock, bidders offering only $20 a while $0 a share was the asicing listed trades thus far made are with the id as issued, but it 18 0 U they should have ard at the start. f the Morgan Ship equally divided into common and d'atock, und. there is in addition a bond lasue of 1,000,000, ‘The stock i# largely held by the undel writers of the bond syndicate. tine the underwriting syndi. k up the task the basi# of esti- | mate of stock was $0 a ghare for the Jonal|common and $# a share for the pre- e Mor- | ferred ust which prot sidere been h for tho preferred mon indica 5 on bearish fe ard the new jssues. a the curb e | to 2106 oN 5000) 1 oN) NY te Put 3 1000, -oveserss 1164 119 x Tulrd Ave con 4s a i tne a 1000°° coal ‘is 11000... ira iailatiad ; 99 Reading gen 4a 2000. 8 WoW. 1000 si Tol St L & Wn 4n 6000. see Tl 800 93 Rich & Danville 100. oo 1 Rio G & Wh te 4000) San An & AP W) SCL TM & 8 gen 300) 13 , DECEMBE ve ia " THE LATEST NEWS OF THE BUSINESS WORLD. in IN SHP Standard O41 ili i a ta ie S10 BROKERS FOOLED ON LOUISVILLE. Dividend on Tractioh Stock Mis- taken for Louisville & Nash- ville, and Many Lost. i: ANegetable Preparationfor As- similating the Food andRegula- ting the Stomachs and Bowels of ee Bears the. Signature The shrewd traders of the Stock Ex- change were victims of a too hasty Jump at conclusions this afternoon. About 1 o'clock the ticker carried the announcement of an extra, dividend of 1-2 per cont on Louisville Street Railway | stock. At once there was a wild scramble for the L. & N, post. Brokers contested flercely for the privilege of buying the stock, ' It soared upward nearly a point at a tlme untilt reached 127 from the ex- treme low point of 123 1-2, ness and Rest.Contains neither a nor Mineral, or NARCOTIC. Ih al ni en it was discovered that it was ano ail & mistake and the rush to sell was AnaGal aac rae tls tusacuohe teaay t Remedy for Consti The extra dividend was on Louisville perfec! 'y For Constipa- Street Hallway stock and not on L. &| fl| Hon, Sour Stomach, Diarrhoea ” N. Ratiroad stock. Brokers who bought were Bogy & Worms Convulsions ,Feverish- For Over Thirty Years Hubbard, Wasserman, Lansburg, De| {| ness and LOSS OF SLEEP. Witt, McIntyre & Marshall i] —_—" ‘ ———— Fac Simile Signature of CURB PRICES VARIABLE. Strongest Stock in | the Outside Market. Prices on the curb variable to- ¢ Standard Oll was the strongest It rose to $691 bid and $696 asked 2 1000. a unity & re 000. see ua b at 45000. 10000 17000 Wabash Int 66 0 Stocks Quiet. Dec. 23—Money was much ted at 4 per ce the market to- 12% | Solid Gold Case, Waltham Movement. $17.75. OPEN TUESDAY AND WED’SDAY EVENINGS UNTIL | El our wel actu: pric WATCHES FOR WOMEN. Solid gold ease with Waltham movement, price, $13.75, 14-karat gold filled cast, warranted for 10 years, American movement, The Diamond Jewelry and Watch House of America. WATCHES FOR MEN. geolnte aia eos perfect, pang: white Cluster Scarf Pin, ghing %% karat; $ diamonds; actual emerald, ruby or tur- actual value $50.00; st value, $52.00 5 Meine 6, $25.00; quotse centre; actual } price, AND i pricey value $30.00; price, $28.75. 8.75. 4 $24.50, liant diamonds weighing 4 karat, actual value, $100.00; price, Penns aeenaeneneanarpaenaemanameaaaenaennammaaaaanma anaemia n advance of $15 a share with- | 8 i ASTORIA adie THT CENTAUR COMPANY, NEW YORK CIT ‘ er or discason” has been Drs ‘ayorite Remedy. Drug- The Cotton Market. The local cotton market opened steady th price: oints lower to 2 nts higher. January advanced a few shortiy after the f the list remained practically unchanged, belng influenced by rather 2 s. After the open- Apply to W. 8, Rockey's ay e. st World and ‘nd: CORPORATION, Cheviot Suits, ! $15. > : within ’ pwithin a Tho cloth may be no better than IF YOU NEED oe ae $5 i —but where we | cel is in style and = tnake, our clothes keap thee ND OF ETCE HOT: OR ay) AN ERRAND BOY, AN INCENT, AD, IN THE SUNDAY Oth Ave. at 12th St,, ‘ani Broadway at 22d St. WORLD WILL GIVE YoU YOUR CHOICE FROM AMONG HUN- DREDS. AN Solid gold Coil Pin, heavily carved, set with a large diamond, Solid gold Brooch, set with 45 Oriental pearls and1 genuine Pendant or Brooch, set with simone setts large diamond and 72 Oriental } Value $10.75; value, $25.00; price, § pearls; value $60.00, price, price, $8.50. $24.75. $2.75. Ger...ine diamond Genuine dia- Ear Screws or NZ Wy, Drops, very bril- liant, pure white; actual value $57.00, price, $22.50. mond Eat Screws s\l4e .\ty QRS (no chips), solid “Aig~ "= - i Ys \ f gold settings; ac- RS Aa tual value $8.00, = —— price, 14-karat Solid Gold, Extra Heavy Case Waltham or Elgin, price, $23,50« OPEN TUESDAY $4.75. Hoop Ring, set with elcher Ring, 5 perfect diamonds; Solid gold Ring,2 WED’SDAY EVENINGS UNTIL Solid gold Pansy Scarf Pin, set with genuine diamond; price, , Solid gold Knot with genuine dis ¥ mond, Solid gold Brooch or Pen- dant, set with 9 large and brillant diamonds; actual value, $60.00; price, $27.50, Solid gold Ring, set with fine, large diamond, actual value, $12.00; price, $4.75. WATCHES FOR WOMEN, Cam» (((\)))) aS oe $45.00. | HATE ORDERS PROMPTLY AND ACCURATELY FILLED. | Solid gold case, extra heavy, set with 4 genuine diamonds, Waltham move- ment, $16.75, 879d: LISHED! Pianutasturing Jewaiet and Silversmith 409 & 411 FULTON STREET, BROOKL Opposite Boerum Place, near City Hall. YN,