The evening world. Newspaper, January 19, 1903, Page 6

, 7 | HEY SUPPLY HEKS BULL Circular of Treasury rtment Causes Feeling Hesitancy Among Dealers Seourities. DLD EXPORTS ARE FEARED. mony of J. P. Morgan Gives Feeling of Encouragement to bs -Yyhoee Who Are Interested in the id Companies. After an animated opening, with prices igher than London's opening quota- or Saturday's closing fi,gures, the market became dull and unsettled Was an absence of selling pres- ‘except in a few instances and the ‘of gold exports at least during the is eet at rest by tho course of exchange. street was seriously disturbed @ circular of Acting Secretary be Trearury Taylor calling on benks Pbstitute Government bonds for @ municipal bonds to secure ments depurits, Although the ry allows until next August for ‘ubstitution, the street regarded § ciretilar as dietinctly a bearish ar- ent. that the effect action will be to compel the either to buy Government ponds gecure deposits or reduce their ctir- n. During the panic last fall aty Shaw allowed local banks Mubstitute about 321,000,000 of bonds than Government bonds on de- ts, These will have to be replaced, her disquieting feature of the day the widely circulated report that Di Rockefeller and the Standard Interests were not in sympathy with active market advance at this time. owas likewise reported that a gold ent might be made this week for oMcials say effect It would have upon the mar- | fry Such a shipment at this time would purely manipulative, Se Wall street knows that gold must be - ted, It will have to go out 7 - Miineratie volume to Hauidate Wall “atrebt obligations abroad, The only Hor of Importance now is how s90n gold will 4 ‘the way. Within three months it is eatimated ‘that the forelgn debt has been decreased +) at feast $200,000,000, but that the obti “ilons now out aggregate at least $30, “Bince Friday the associated banks We gained from the Sub-Treasury 00, a phenomenal increase for the. and indicates the continued rapid “taflow of money from the Interior, + Tt is a question of debate among bankers whether this is not the best “tame for the gold export problem to be cod and settied for the year. For- im exchange has not yet reached the int where Jt 1s profitable to ship val and it probably will not this bs 4) EBxrapiional advances were recorded én reat Northern preferred and Kher members of th four points, in sympethy with the rap of Northern Securiiles on th explanation of } that the Great twill give a stock bonus to» elders before the merger deal Is rati- d by the courts Every railroad whose stocks are ‘Weak du on the Stock Exchange wus mi- terlally helped by J. P. Morgan's test ¥ before the Interstate Commerce lommiasion in the Loulsville and Nasa- ville case. ‘Mr. Morgan made {t clear that the but powerful combination which. Mirects and controls the destinnies of 70 iper cont. of the transportation systems of the United States is keey watchful eye on the railroad map. Mot propose to let outsiders disar- _ -Fange tt. he shares of the United Bates Sect feerporetion were exceptionally active Tan ach advanced a point, in forenoon trading, Amalgamated Cop- e Was Up a polnt and Car & Foundry advanced. The rest of the In- \/ Mustrial ist was inactive = Manhattan “L" stock wan he round 14, but th feller pool met w ganiged ee we resistance when it attempted vadyance the stock on the theory that “the “rights” were good for 10 points, s a CURB A firmly Gould MARKET IS ACTIVE. >) The curb market was active. North- / ern Beouritles jumped 2 polnts at the i ing, selling as high ay 116 1-2. Vir- Coal, Blectric Vehicle and Stand- O)l were active. ions for the active stocks werv: Bld. Anked. 16 1G 140 iM Ye 10 an ay ay em ~ SHIPPING NEWS. ip EERE POR TO-DAY. [21 |8un sots...5.00|Moon risew THE TIDES, High Water. + Pt Tandon Antaulo in | art and who Will be the | “firet among Wall street bunkers to lead | CATES, ANGRY, | Western Plunger Resents the Charges of Unfitness and De- mands té Be Heard by Ken- tucky Railroad Commission. WILL TELL WHOLE STORY. Expected that He Will Throw a New Light on the Inward Workings of the Big Louisville and Nashville Deal. John W. Gates ts after J. Plerpoat Morgan, Geo. W. Perkins and Auguat Belmont for their uncomplimentary ex- pressions concerning him in thelr testi- mony before the Interstate Commerce Commiaston here last week tn the L. &, N. Inautry. vompetent or fit to manage & N. and that his object pracy was to loot It. also said that he disputes the of their statements concerning the way in which negotlations were brought about to end his ‘corner’ in the stock - w Mr. Gates has demanded of the Kentuey State Ratlroad Commineton that he be granted a hearing before the Interstate Commerce Commisatyn In order to reply to Morgan, Perkins and Belmont. A member of the firm of Harris, Gates Co. said: “It 1s true that members of the Gates- Hawley syndicate have asked to be heard In the case, Rank injustice was done Mr, Gates by the testimony of va- rious witnesses, and he wants to answer them, “He will testify at any time the Com- merce Commission will set a date, and ‘he will tell the whole story. “When he does, the pubilc can easily e how quick he was to protect the Keporal financial interests of the coun- 1 was not the 1. tloally It | accura "it was in his power to create a panie,| 2, but he didn't do it and now Is misrep- resented for it.” President of the Northern Se- curities Company Insists the Courts Will Uphold Combine. James J. Hil, president of the North- ern Securities Company, had a confer- ence with J, P. Morgan and hin part- ners to-day concerning the litigation to declare the Northern Securities Hold: ing Company an Illegal combination, Privately Mr, Hill expresses the great- est confidence in his belief that the yas ldity of the transportation merger whereby the Great Northern, Northern | Pacific and Burlington systema were placed under one management will be upheld by the courts He has even intimated that the plan of merger will be broadened and stock- holders of the Northern Securities Com- pany belleve It f# certain soon to in- clude many more lines, Mr, Hill and Vice-President James| ¢ Gayley, of the United States Steel Cor- poration, also held a conference. They sale of the valuable ore lands in the Northwest owned by the Northern se- curities Company, and which tt acquired from the Great Northern Railroad. The lands are sald to be extremely valuable and the United States Steel poration has been trying to get thew " some Ume. J, P, Morgun opened the negyilations for the Ste which are now i contin| President Gay- | It is expe hat the deal will be | HUN returns to oo LONDON MARKET HEAVY. Amerion Railway Shr Steady ou Small Salen, Phe securities markets at London to- day, generally speaking, were heavy but otherwise uninteresting, South Af ricans showed declines of 1:8 to &: cent, while Rio Tintos wi uring at 48 1-8. Perseveran acid at 13 To the An n department railway shares were steady on a amall volume of business. Louisville & Nashville and Chesapeake & Ohio showed the greatest strength, the former being equal to 120 1-2, an adva of &-4 of & point, and latter to 62 3-8, a galn of 1-9 per oe Wheat Market, The local wheat market opened firm day at 3-8 to of @ cent higher than Saturday's final figures. There was buying by aborts fent by’ The da dispomition Was reflected here, after the The ab strength ii oplt weather mul enthu- ning 1 Wi ar, Went, and It also modified slasm in wheat a little, New opening prices were 84; July, 10 7-8. Whe $ to uly, | | re | 4; July. | 14048; J at 7 a S-4 oto ber closin, March, 85; May, 821-6; July, 1) 728 bid, Corm—January, 0; February ‘68 offered Vids May, 48 78 bid; July, | 4 Sentember, 47 3-8 offered: prices wi eat 6-8: July, 145-8 to Gomvenuary, aa 1-4 bid) Me i Bep- oS offered: July, 42 5-4 offere Uneut diamonds may be brought United Btates free of duty. thine ere cut ap a duty, ow East TP “y AFTER MOREA = 20.600 At. 8.600 Ba 6,800 rook 5.400 Ohte. Gt 16,900 Ohi. Mii a Rt P He resents the slighting way in whieh 70,600 Fre .. they went on record as saying that he» #30) Ene ag 2.700 Lou! ei 200 Met . 14,900 Manhattan 5,800 Metro, 81 oh Hy m4) 94 100 Premed Steel pt. 14008. SAYS J, J.HILL seetse Am Hide & Loa Ga Ann Arbor Lat 4 Canada Bouth 19 Cont of Georgia are arranging details of the proposed| ‘ches & 0 gea i%e 2000. 04 Remain) ¢ THE OLOSING QUOTATIONS, Allis, Chalm. pf oe ‘Amer, Bleyele vt 800 Amer. emelt 409 Am, 8. & K 500 Am. Snuff, pf. 8,600 Amer, Sugar. 400 Am. ‘Woollen Go 100 Ann Arbor 10) Anaconda Mining Tes Tax F. ot & Ohio Rapid Tranalt iM) Hutteriok 700 Can, Pacis & Obto, West Went, 8 1.200 At 800 Chie, Term, & Ti 800 Ch, 2,800 Chie 200 Chin & Alton ) Chic, & Alton 6900 Col, Fuel & Troa 100 Gol. South. tat pf 200 Col, South. 24 pf. Den. & Rio G. pf 100 Detrott South 100 Detroit South. pf. 100 Dis, Sec. Corpn 30) Duluth & 8. & At 200 Diamond Match . jai ot les 1.400 Erle 400 Ev 100 Inter, Paper pt. ex div 0 Inter. Power ‘ 100 fona Central 1.400 Kan, City Southern. 1,100 Kan, City South, of 100K. C., FL 8. & M. pf. 100 Keokiik & Tes Motnes 90) Lot & RR 000 Mex, Centra so... 100 Minn., 81.P, & 6.8.M erie “Chat, & @¢ lead : RR. of Mexloo 19% 7% 17 162 4 td BY oie 104 64% Mu 1% Reading . 86 800 Republi z 2 lic 8 rR BOND 10000. emi ” 8% Bo 864 one 100 100 2000 Erle Penn 4a 1000) Br'vilie @ m 1000 aw 9000. ® 17000... i 90%, Green Bay ss 8 eto Th 10000... Han & Bt Jo con 000, 7 110 KO RS & M de 1000... BT Kan City 80 3a 1000. é 4 de O08 BDY5 Doves 102% = Lang Telond unl 46 8 Wn div Sige ‘5000 «100, 2000, cece BBM Loule & Newt unt de bow L 12000... + 100% ft 5 Mex Cen 2d inc ‘oor 7 108% 4e 8M 989 ha Bry x4% 84% ) Mo K & T tet 3000 1000 00) 14 tn W000 400 10000 O00 Mo Fiat con Oy " et ton tru 4000 Int col ba 16000 107% 000 18o8. LOT Novt ded Be con Ba 9000. 000. 6000) 10 2d inc Ge tc a en Pac aid de 101A, 10.2 TO Jen Pao gid Sea 1000... Cry 10846 109 1035 Ww 594 1OLsy be 106% 100). 33% % NY Dock Cot 5000 Cy BL & tr be Mt pur money 4s m0. 97 registered 10000 Oregon 8 ps Wane 24K) rare FON) 10000. 65000. 80000 60000, 5000) 2000 000 ‘81000 10000 10000 100000, 1000) 11000 00 Topietered ay WA vannt 107% Hl & P gen te tom, Win, CV a FRR Me 700) bay 20000 sn 108000. bs f 110 Term Tr 48 000, % Ool F @ 1 conv ba 1300 Hy 49000 “4 Ol Mid Tat 4s 1000) 000, Cel Bouth de 000. Hy oun LTD on Tubaieo de Yeo & KE ine 600) Reading eau de 0 oak 98 Nie Gade Wa Int 2000, 81 BW let ae 8000 328%: 108 #1 F & bioux CM” ano 125% SLM & 8 een bs 1000 Ta ir) assy 4 214 | Ath 140%) 744 | Mo, ‘28% | Miseourl Pacific . 1954 | Premed NSACTIONS., Shares, 800 Rook Teland ...... 800 Rock Island pt “PRESIDENT AN ® TELLERON TAAL W. H. Kimball, Former Head of the Seventh National, and G. W. Rose Arraigned for Vio- lation of Banking Laws. 1 3 1 6 1,200 South, Rallway pt. 100 8. Ry M. & 0, stock 600 Bi. Jo. & G. 1. 24 pt 1,700 8, . @& Ban’ Fran 100 BLL & 8 F.2d pi 800 BU Louln 8. W. 200 Bit Laut 8, W’ 6) Tenn. Coal & 3.200 Texan Pacific HRausIE Saas 4 4 24% 12445 36 36. 80% Bag & Pape. 100 Un. Bag & Taper pt 46.700 Vnion” Pacite 1.200 Union Pac m0. 8, Leathor 8. Leather pt 8, Ry. Inv. Co, Ry, Inv. Co, pt ® RK. & Con, Co. 11000 8 R&C Oo, pt 100 U. 8, Rubber... 100 V) & Red, & Ret 12.700 V8, Bteel.., WU. 8 Beri 200 Vatean “Dot lean Det is We Ws ie ats ACCOUNTS WERE OVERDRAWN Bay 9 12% «12% 8, $0] william H, Kimball, former President ie” fa Jor the Seventh National Bank, and Gamallel W. Rose, its paying teller, were placed on trial to-day In the Crim- inal Branch of the United States Cir- cult Court, Judge ‘Thomas presiding, on charges of having violated the National Banking law, which resulted in the sus- pension of business by the bank There are three indictments against former President Kimball. In one ho is charged individually with “resorting to device and recelving fictitious obligu- tong to evade provisions of the Federal law (governing national banking inst!- tutions.” A second indictment cl ‘KOs Presid: Kimball and Paying Teller Rose with an over-certification of checks as ofMctala of the Seventh Na- tlonal Bank of New York, and the tivrd indictment charges Mr. Kimball, to- nether with Frank B, Poor, of the firm of Marquand & Coe., with conspira Mr. Kimball and Paying Teller Rose were placed on trial to-day on the sec- ond indictment charging them with the over-cr fication of checks. These checks were those of the firm of Mar- quand & Co, As soon as Judge Thomas called the trial tw talesmen were called ‘to the jury box, The questions pur to them to test their qualifications to serve as jurors which were propounded by Mr. Baldwin nd Lauterbach were few. A nuumber of the talesmen first called to the jury box were « cused because they’ were. acquainted with elther Mr. Kimball, Mr, Rose or the lawyers interested In’ the caso, niér George W. Adams, of the Sey- enth National Bank, was the first w ness called, District-Attorney Baldwin then called off a long list of che mont of Chem for amouncs in the nel rece porhood | 0! 00), for Leather pf. a ; ‘4 ifled. Steel, , 3 3 3 A eu 4 Steel pf. on which nt » 3 39" tried. The totals of | Wisconsin Centra i p imo the mill ribed rtifleadon, He sa 1 cheeks wore certified Uiey were entered In the certifieat book Q. Wibose duty: was it to certify Ka” drawn Marquand & 2.600 Wis. 1,400 Wis, ‘Total ‘Contral Central pt it les of stocke were 628,100 whares, Consolidated Exchange Sales, High. Low als is 30h Me Open, 63% Ag Clon 6a 44 Is 804 Amal Am Am Am, Copper, car @ Fe Toe Go... Locomotive T. @ 8, Fe Vain, & OMe vol Fs Rap. Canadian Pact Shon & Olto Chic, G. West jghie 01 tl Titnoin 6 Tanite. & "Bt, ary 204 Metre, RR Kan, & Texan. Nortolk & Went N.Y. Central & Wemern.. Gan Steel Pen Reading... Rep. _ Steel | Rock Inland Scarthern Paotific Southern Rallway "St. Louts Southw. Tenn, Coal & Iror Tex, Pacific Union Pacito Us 8 ods ‘of ¢ Co. 15000. TO) Se L & W 4a a Waban 1 794 4000. °. 3 10000) the paying teller deb at the tim Q. Did you authorize the certifies hese “Marquand them to Mr. K mount of overd on June 4, asked Mr. Mr. Lau of the qu about It Q. 1 show vy you If they show deposits of ch 31,150,000 and $900,000 drawn on the Park Bank from Marquand & Co, on June 4? A. They do. Q. Were ‘these checks patd through clearance? A. No, they were not never were honored at the onal Bank? A. Never. These checks represented the amount of overdra by Marquand & Co and n sald the amount was never hat is net in cash,” added with sm: Win then ‘showed “Mr. Adams | sit book and asked where the deposits of Marquand & Co. June 24. OL last entry on the page,” r ithess pene! marks of fleur ? 1 do they nee of the Baldwin ed_to. the Baldwin 103% ‘40 + 106% 108s aBISih 2 Tit 10a + 106 106 96% 110% ML 10K 10% The (otal males of bonds were $2,852,000 Government Bid. Asked.! 10014 110 [4a coup 108° 110 4s reg 10714)4a © new Un Pac cony 80000. 41000, 20000 2000, 5009) 40000. 56000, 8 1000... Waban) 2d be Bonds, Bid 109% 1 LAGS Asked No hey me posits, Q. Then Marquand & Co.'s entry was made atter the balance had been taken? Yes. sir. | 1 was adjourned until to-mor The Cotton Market. ‘The local cotton market opened steady to-day, with prices 2 to 6 points higher. Buying orders predominated at ‘the opening, notably of distant options, which were strongest and in good de- mand by spinners. Other domands came from commission houses, for- elgners and room shorts. At the same time certain local houses appeared to have fair realising orders, based on the fact that port estimates were 32,000, against 27,800 bales last year. Prices held very firm after the early trading, on a broadening trade. ‘The opening prices were: January, 8.74 to 8.75; February, 8.74 to 875: March, 8.81 to 8.82; April, '.86 offered; May, 8,85 to 8.97; June, 8.94 offered; July, 8.4 to 8.85: August, ‘8.65 Lo 8.68; September, 8.29 to 8.81 ‘The closing prives were: January, 8. to 877; February, 8.78 to 8.75: Maren, 8.80 to SAL; April, 6.84 to 8.65; May, 6.96 to 8.87; June, 8,80 to 8.87; July, 6.87 to 8.88; August, $85 (0 8.66; Beptember, 8.28 to 5. —= TO PREVENT BLOCKADES. Aldermen Consider P! Street Conditions, Regulation of street traffle with a view toward preventing unnecessary | blockades in street ratroad nes and congestion in thoroughfares ocoupled the attention of the Aldermanic Com- mittee on Laws and Legislation, at the public hearing held to-day fn the Clty | Hall, Mr, Charles P. Eno, who actively prosecuting Fegulations !n the ad dressed (he committ He submitted « rule providing that no | vehicly shall be unte Jed in any street In which t be im peded between. the and 10 A.M. and 4 and7 P.M. 'T alone | will the effect, said Eno, of | preventing the annoying — blockades | which occur on congested thoroughfares | occupled by surface railroads. mu to Better | has been | Improved — tratte city’s streets, > mig, hours of 7 Mr, ~ Banking and Financial NEW YORK CITY 34% GOLD EXEMPT BONDS SEVEN MILLION DOLLARS Payable November, 1952 TO BE SOLD THURSDAY, JANUARY 22, 1903, nd bids in a neaied envelope. ope cent, of par, bate Mae a Bid. tt must be in cash OF oop dad check on biateor Natio EDWARD M. GROUT, Comptroller City of New York 280 Broadway, New York ENNIS. _STOPPANI HAIGHT & FREESE | a ANAS Sib bditaons, ‘Banking and Financiah — reased no velo) od } DOT. N. ¥. iy DAILY Maraat Last With els en i ee at A r CHOICE GROCERIES OTATOES, CHOLCE ROCERIES lic. LARGE BASKET, Our produce man comes to the front to-day with potatoes. He has made large purchases di word for it that the. potatoes immense outlet, and because ect from the shippers—and the shippers are the farmers who raised the potatoes. Some are from Long Island, others from up the State, but ypu have our are white and mealy and the best obtainable, With an of our buying capacity we have no commissions to pay to middlemen, hence the low price. Tea and Coffee Sale Continued, At the prices quoted you get the best values eyer offered. TEAS. Ceylon. Golten pee atid Parca nt Ined cartons; full net weight; nnd, 25c' pound, 50c.3 haif pound... Unxid Brand. | Oolong, English Breakfast, Indian | oe Mixed—Packed in parchment- lined cartons; full net weight; | pound, 80c.; half pound. 25c | Best No Formosa Oolong, glish Break- fast, Mixed, Ceylon, Japan. Gun- | powder and Young Hyson; 3 lbs., $1, pound... 35c) M a aa No. a ie ixed, English Breakfast | Colong, 31bs., 70c.; pound 25c | Best Mocha and Java; | 3 Ibs., 70c.; pound.. et 25c¢ Same grade sold elsewhere at 38c. and acc. Ib. Fancy Fresh Roasted Santos; 2 ibe 25c.; pound... 13¢ Walter Baker & Co.’s Celebrated Cocoa, half-pound can. svi ZC Prunes, best Santa Clara Valley fruit, averaging 5§ to pound; 3 Ibs.,25¢ Maceroni, Trovatore Brand, im- ported, pound packagesses......10¢ Spaghetti, Trovatore Brand, im- ported, pound package..........10¢ Campbell Salad Dressing, bottle... sess eeeeeeee OC Peerless Honey, tb. bottle....15¢ Essie Brand Corn, best Maine Sugar corn, tender and sweet, can,10c Evaporated Applies, |b. carton... 10c Noodies, }4 lb. package......... 5¢ Chocolate, Triumph, sweet, cake.. 5c Chocolate, Premium No.1, % Ib... 15¢ Pineapples, Singapore Brand, in chunks, heavy syrup, can,.......15¢ Pears, Numsen Brand, packed in Baltimore, 3 Ib. can...., Peaches, Patapsco Brand, Mary- land canning, 3 1b. can 1 Tomatoes, best Maryland ca ning, solid and red ripe, 3-Ib. can 8¢ Liberty Preserves, made from fresh fruits, 3-Ib. stone jar. Baked Beans, plain or in sauce, | 2-Ib.can... . |Peerless Sauce, Worcestershire, wrapped, pint bottlesss. Liberty Catsup, pint bottle... R. & R. Pickles, assorted, pint bottle... seetesseeeneeen OC Codfish Threads, Peerless Brand, selected cod, package. . Codfish Threads, very fine, pack- ALC woww sree we 5e Codiish Bricks, lb., 8c.;2 fore... 15c Salmon, Hatchery Brand, fine red Alaska, Can, 13C.; 2 foresee ++ 28C Laundry Needs. Starch—Best 3-Ib. box .. + Soap—10 cakes XX Soap—t Scakes C ry Island...e+0e25¢ Clothes Pins—hardwood, hundred, 8c Butler’s French Blue—3 squares 5c Borax —Best, !4-Ib. package . Ic Violet Ammonia—large bottl Ib, cane. Be 28¢ 5c 13c 10¢ 8c seeeeee 10 | Cap Mantles. | Britt int white light, carefully | packed in cartons and easy | apply to your gas jet, t 13c. each, 2 for. : Chloride of Lime—} BU CHOICE GROCERIES. uum, Large, Extra Lars ,25c.3Doz.,29¢.;Do: LEMONS, Borate N’T “GUESS,” HE KN He knows that there are twenty-seven Marconi* Wireless Telegraph: Stations: in regular use. He knows that John Pierpont'Morgan»was-named “Pierpont” afteny his mother, that being her maiden name. He.knows the pédigrees of famous American multi-millionaires. He knows that the-war in the Philippines-cost the United States $170,326,586. ical Platforms and Election He knows all about:the Coal Strike, the Trusts; Polit Returns, the United States Civil Service, Scientific Re search, Electrical Progress, Polar Exploration,—in fact, he knows or can-easily4k by referring to his WORLD ALMANAC-AND ENCYCLOPEDIA, moresthan 10,000 Facts on Over 1,000 Subjects. HE WORLD ALMANAC and Encyclopedia for 1903 surpasses in-interest-and+scopgy all preceding issues, Recognized the world over as the most concise and ace work of its kind, the 1903 Edition is the apex of knowledge, so eagerly sought, 6 achievements of man and even the tragedies of Nature are fully depicted, The business or professional man pace with the march of civilization. the Arts, Literature and Sciences, Polar Exploration, acy, the Isthmian Canal, the these and man WORLD AL more interesting subjects ANAC, known at home and abroad as the and students alike should consult its pages in order to keep | The doings of nations, military and naval development, Electrical Progress, American Su ; marvellous growth and reconstruction of the Metropol Dealt are fully described in the 1903 Edition of THE4] Standard American Annual, Cents of Ail Newsdealere. Addre, THE WORLD, Pulitzer Bldg,, New York. it