The evening world. Newspaper, February 20, 1903, Page 13

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)

i Getai.. \ aa THE WORLD: ANDERS OF STOCK 10 BE PROSECUTED Whitney, Ryan an Ryan and Others Confer and Decide to Make Charges Against Coterie of Wall Street Jobbers, Market, COPPERS \A COUP ON MAD RUMORS. of the market this aftern Aeport Is Current that Standard Oil Interests Are at the Back of the Attack on Metropolitan Shares. portant announcement has ‘After a conference with William ©. Whitney, Thomas F. Ryan and other leading stockholders of the Metropoll- ten Street Railway at the Morton Trust Company, Paul D. Cravath, one of the yeompany counsel, announced that prosecutions would be the outcome of the: stook Jobbing raid on the Metro- Poiten securities In Wall street Yes | oy ian, nalvancing 1 per cent. nearly a point “The depreciation of the compan) tock, which was the foature of yester dey's Wall street trading, was brought about by the circulation of rumors that ‘mismanagement of the company's finan- qa} affairs had been carried to such a oint that a leading Wall street firm| had placed the entire matter in Prose- euting Attorney Jerome's hands for ac- or. cent. but later reacted, Metropolitan treet Metropolitan Securities AN this, with the fact that Mr. Jerome ‘was Inown to have spoken with bitter- meas of the Metropolitan and eome of its leading stockholders during his cam- \paign, resulted in a material deprecis- Néion of the stook. “There ja not a shadow of truth in the Weperts circulated about the Metropoll- said Mr. Crevath at his office, No, “This attempted raid ts } &® par with the stock Jobbing coup rated at the expense of the Brook- Rapid Trangit Company three years ‘so. You will remember eome men went fae the penitentiary for that. "E cannot ssy what line of oriminal lon will be taken in the present case, Nut It will be known soon enough to lyhope concerned. The men who are re- lqponalble for epreading these iies broui- ttre known, and they will be made Pay for their conduct.” ‘The threat of criminal prosecution, ‘was heard early in Wall street, Herented @ sensation in the financial (Giatrict, as one of the leading firms in fhe street ts reportea to have put the wed charges against the company fore District-Attorney Jerome. On fane strength of this house's reputation ‘the bears had no difficulty in raiding {ue stoc! On the strength of emphatic dentals the officers of the Metropolitan and ‘the threwts of prosecution, the stock lwevovered ite old strength in the mar- / Wet to-dey. , One of the first rumors circulated in | the manipulation of the recent raid was \s ptatement that William C. Waaitney } hag recently sold 30,000 shares of Metro- »|politan. Over his own signature Mr. ‘Waltmey to-day denied that he had sola j@ hare of Metropolitan within six months, and he added that he knew me reason why he should sel Molose observers. in Wall atroct seo | Broo }more than @ stock-Jjobbing raid in the | c | attack GA % Metropolitan, It Is held skirmish was only the |{ ae war which the Btan- if rive stimula! situation. ta (mportant. cabling. eat and elosiog prices: a ‘Olt in nar Ee intend to Wage to Whitney out of the And ‘by Requirin absolute thel ‘aneportation situ- ilway laing company ¢ormed e stock of the subway and the Manhattan "ha? ine Pemoabers of the Btandard Ot) have eoorne. heavy holders ures for control Moe the Metro- made by the subway capi: wy. tried for the Man- foan, but Vhitney circumvented om by the formation of the Inter, ugh Comp: By. which would have at the purchase of control ft ane proposition, Ci mill anxious. for absolute control, ght took anther turn. nent Metropolitan elatined that to U. guaranteed seven per cent, Met- fitakn would nave to fave a mats u value of 176, To keep up this al- fotitious value it was claimed that had been jugwied at the time of nater of the Metropolitan to the . ‘The sum mentioned COREE vst Bi. 24 pf. Mean’ Con & iron Texan Pacitv sumecests Ss PePPERELEE SASS: ion ‘Tel aoonisin Centeat ime Central pf. alee uals ulated in that a brief containing all in the case had been laid before Bepries Attorney for action, pds hanes i M4 re no love fer jt n during campaign od, ur _maen agente of De Wall began to approach him, S held his pease with. com: jeoretion, The attempia to ‘him into the controversy have been je din the Street late this ominent broker, who. tock of Te altinto hton} 5 te figures which ‘ove Sminattng a iMds the ot sbacrntion y hol ng com iw Wormeer, who vigorously fought formation of the Intarborou: Ae opm. gepphation! a to: that a any! uy th the pr present % M ‘opolitan Securities or e Teast fntefoat In the matter. “ STOCKS UP IN LONDON. the was an all-around recovery in “wie In the London stock market to- ifioaseis! outlook being Te to 1 per cen MAKE a STILL Big Interests in These Issues Confi- dent of Trade Conditions—Mexi- can Central Up on Future Expec- tations—Colorado Fuel Advances. Stocks were strong in the closing hours oon. session as a whole being favorable. Bull {sh sentiment was stimulated in a meas- ure by the expectation of an early im- respecting St. Louis and San Francisco, which issue shown exceptional life. The sup- port given Metropolitan after the senga- | D' tlonal episode of yesterda. bearing on the good market. ‘Frisco common stock advanced about] 4 points, the first preferred 3 and the second preferred over 4 points. York Central showed further strength, St, Paul went wp Hocking Valley scored| & gain of nearly 8 owing to belief in the; Tapid maturing of the compamy's finan- Industrials were fractionally stronger. Amalgamated Copper advanced almost a point, Tennessee Coal and Iron and Colorado Fuel and Iren were alro high-! General Electric rose about 1 per Rallway advanced on the strength of the official denial of} rumors of financial irregularities, i Amalgamated Copper was strong on the theory that the price of the metal can be further advanced and has not ached a point where over-production. that both the Lewisohn and Guggen- hetmer interests are bullish on the trade Mexfoan Central showed a rather firm tone, and it is probable that the pool in the stock has succeeded in making a better and wider market for st. In view of the developments in Rook Istand and St. Louis & Sam Francisco it is not un- teasonable to suppose that the Mexican roatis wil! come to the front. that Mexican National has almost com- pleted the standardization of its track There were not enough orde London to-day to pay the expenses of ‘The heavy buying of 'Brisco common by Van @mburgh & Atterbury and of the second preferred by Hodges had every appearance of having originated in J, P. Morgan's office. A tendency on the part of the bear element to reduce its committments over the triple holiday was noticeable. Government bonds were unchanged and railroad bonds were firm, —— The Closing Quotations. ‘The following were the opening, highest, G.H.Mumm & C° Extra &) Dry CHAMPAGNE Importations for Five Years | 3,570,648 rns 297,554 cvs An achiewement unvaraseled in the History of the Champagne Trade, THE FAMOUS 1898 VINTAGE NOW ARRIVING IS DESTINED TO also had al Bh It Is thought First National Hat L. Has Liabilities of $392,788, While Only $131,- of} 393 Worth of Its Assets Are Pronounced Good. ACTIVE.| $350,000 BAD OR DOUBTFUL. (Special te The Evening World.) WASHINGTON, D..C., Feb. 0.—Ac- cording to the report of the examiner of the First National Bank, of Asbury Park, fed in the office of the Comp- troller of the Currency to-day, the in- stitution t# in pretty bad condition. ‘There are Mablilties of $392,788, acoord- ing to the books. The examiner pro- nouncea only $181,393 worth of the as- aets Rood, $259,874 doubtful, while $90,995 of the asset ‘The liabilities are as follows: Individual deporits .. Gervified cheoks Ceruincates of deposit The day'a| ASBURY and apparently authority, upon that 19 r-mular meeting of the Board good New of Directors of the Monm Trust | Company was called to. pa singular purchase of First Nati j stock two eoks ago. It is sald that! two of the officers of the Trust wero present om Feb. 9; that! the minuteg and both approved but Compan, nem; that one offered resolution | for the purchase of National Bank} stock, the other seconded it and both voted in favor of t erapceition. to pay “A875 for the stock, thus creat- ing a defie which forced the Trust close its. doo! t not been for this, singular jon.” said State Bank Exam- tr iner Vredenburgh. toa. World reporter Company to ¢ last. night, ‘the Monmouth Trust Com- pany mizht still have been doing busi- ness. It certainly could have continued and|to do so until vitae next periodical ex- a amination of i DUBLIN A RIVAL OF STANDARD OIL? They’ve Struck Oil Over There, and Experts Say It’s the Rale Thing. it would ‘DUBLIN, Feb, 2.—The discovery of| oll near Mountjoy Square, this city, has created great interest and has raised ‘hopes that the old bogland ashe ‘The fact “8 May, 45 5-8-—45 8-4; ‘44 3-8 eee July, Beptember, 44 bid, Ireland ve picntlariy trom | A sam ¢ Dublin off whieh has been examined by experts "was. Dro- nounced to be of «90d, clear quality. It was discovered in the basement of an ordinary house, built on reclaimed bogland, and jt is said that copious flow has continued since the find was made five weeks ago. Halsted & rts attagh much Importance to $$ Cotton Market. The local cotton market opened firm to-day, with prices 4 to 13 points higher. The ‘advance at the opening of the market this morning brought out such heavy selling for both loug and short accounts that prices failed to hold thelr full strength the call, May in fact broke from 9.93 to 9.87 In a tew ‘minutes’ time, It was not ‘apparent that bull tow. | leaders were Identifed with the selling movement, They seemed rather to be . Low. Clos, | supporting the early market, but with §},, $24 [cables off several points from thelr strong {87% | opening bears dirplayed more than usual 1 10% |confidence In attacking the market. iy apie | Within ten minutes after the start the Se 'gac,| entire market changed again, and on G* \go%| feverish covering by May shorts, sup- 1H 7K] plemented by @ sudden rally ih the $4 GIN | cables, the wihole list Jumped to the high 4S i |polnt, "May touching 9.94 at 10. Me i va quo ‘brokers bought July on a lanes ay it wale port receipts to-day were estl- tid mated at only 21,000, sanyo with 142 addy | 98,000 last year. BX 8 ‘The opening prices were: TBM TEL. |to 9.06; April, 9.05 bid: Ma 42, 142% | Sune, 9.76 to 9.77; July, i 7% BS | gust’ gir, to 9.48: Oorober HE BY | vember, 3.43 vid: bi M2% 113% pear WEE Ti, TH The Wheat Market. Mik, “St, whoat opened about steady and even 140" 10%] with last night's close. There wa 14% 34% | moderate local trade, but there were no 2% $5 Indications of any further war scare, 7s 78. although consols came lower this morn- Re Re Inga ou Outlined DY Into Nows fant Tight Be be Tork's opening. prices were: Bi, 8 Time” © “May, 52; Bis 81M TR a iy oago'n opening prices were:, Wheat Bu te | Mai vied to MT Idi July, 781-8. to Ro | 78 3-401 orn E 41 Atay muy 44 to rr 8 $- 14 0% |" New York's closing ei were: Wheat M2 95" | Maron, May, bi 1-8 offer Ws 4. l7a4 ‘oftered: eptember, 107. 83% {3% | Com—February, 601-2 offered; March, Ha iy [718 bid: May, We 1-4: July, 002-8 offered. toe jn] Chloagore Ase apricas, were: Wheat he dit |—Muy, 175-8; July, 187-8 offered Septem- iy z ber, 721-4 Corn—Webruary, i *O JANUARY 1, 1003, THAN ANY More oTHeErR meee AND, _ MORE EMPHATIC INCREASE. fe honorary Vice-Preaident and George B. Besley Secretary and Treanurer, WALL STREET CHAT! | redee: Caria’ S Sona, P. 3, (Masini, Contrary to general expectation, the Coffee and Hanna and G. H Cotton Exchanges will not close Saturday, they suspending business only on Monday, The Pro- duce Wrohange will also remain open @aturday, the petition algned by one-half the members asking for an extra holiday not being granted, Hanna are Interested in the construction of a new elsctric road between South Bend and Michigan City, Ind, Senator Mauna is Algo interested in this project, | Tt ta rumored that the recent heary buying of Wabash eeourities was for the account of the ‘The General Chemical Company baa declared & | Peansylvania Railroad, & per cent. dividend on its common stock for the | sor) " aie n year, payable four quarterly insteimenta, | “7™A" O Galt. former Preaiden e ‘This ts an Increase of 1 per gent, over last year, | Sul T¥PEwHiter Company, announces the forma: atin (lon of the Hudson Portland Cement Company, of 1.90. Frick has resigned trom the board of | Hudson, N.Y. The company will have a cap! Airectora tn the Pittsburg Company. He will be | tal of $6,000,000 and will manufacture cement succeeded by W, R. Woodtont tn the neighborhood of Hud- General Manager Mitohe!!, of the Greene Con polldated Copper Company, has resigned. He feels that the interests of the Mitohell Mining Company are 0 great that he ought to dev his entire time to th John M William D. Bishop, 1. Dever Warner, Chariea PF. Brooker, James H. Jenkins a4 Wiliam 3, Burnham hare been elected the rumored consolidation of the Copper Range Girectore of the Bridgeport Steamboat Company, | ccosny, the Tri-Mountaln and the Champion the control of which haw Just been acquired by | Companies. Ife says he knows nothing of #uch a the New York, New Haven & Hartford Ralirosd | plan and je positive that there te no truth in the ‘Company, | report, W, H. Gitbert has Just completed an enormous timber deal, by which he secures between threo and four dilMon fest of standing pl aiderable mahogany in the Bahama Islands. Jobn Gtanton, Secretary of the Copper Pro- ducers! Amsoclation and a @irector of the Copper Range Consolidated Company, ts sceptical as to Carles F. Binkley bus been elected a member of the Suck Exchange. There Ia no change in the price of seats, che quotations continuing at $80,000. Charles M on re-elected Preal- dent of the Eastern Trust Company, and H. A Ware chosen as Vice-President. Jemup has Miss Hapgood tells how she was cured of Fallopian and Ovarian Inflammation— and escaped an awful operation by using Lydia E, Pinkham’s Vegetable Compound. “DEAR MRS. EAM iS suffered for four years with what the doctors called salpingitis (inflammation of the fallopian tubs and ovaritis), which is a most distressing and painful allment, affecting all the surround- ing parts, undermining the constitution, and sapping the life forces. If you had seen me a year ago, before I began taking Lydia E. Pinkham’s Vege- table Compound, and had noticed the sunken eyes, sallow complexion and general emaciated condition, and compared that person with me as I am today, robust, hearty and well, you would not wonder that I feel thankful to you and your wonderful medicine, which restored me to new life and health in five months, and saved me from an awful operation.”—MISS IRENE HAPGOOD, 1022 Sandwich St., Windsor, Ont. Ovaritis or inflammation of the ovaries or failopien tubes which adjoin the ovaries may result from sudden stopping of the monthly flow, from in- flammation of the womb, and many other causes. The slightest indication of trouble with the ovaries, indicated by dull throbbing pain in the side, accompanied by heat and shooting pains, should claim your instant atten- Uon. It will not cure itself, and @ hospital operation, with all its terrors, may easily result from neglect. “DBAR MRS. PINKHAM:—I can truly gay that you ha nd I cannot express m; gratitude to op in ronal ret my, Before I wrote to you telling how I felt, I had doctored for over two years steady and anept ‘lots of money in medicine besides, but it all failed e to do me any good. My menses did not ap- =\, pear In that time, and I suffered much pain, 1 would daily have fainting spells, headache, backache and bearing down pain, and was so weak that it was hard for me to do my work, “I used your medicine and treatment as directed and after taking three bottles of Lydia BE. Pinkham's Vegetable Compound, menses appeared, my womb troubles left me, and I have been regular ever since, I used fourteen bottles of Lydia EB. Pinke Blood Purifier together, and am now restored to perfect health. Had it not been for you I would have been in my ad grave, “I will always recommend your wonderful remedies, and hope that these fo ines may lead others who suffer as I did to try your remedies,""— MRS, WILLADBEN, R, R. No, 1, Manning, Iowa. Such unquestionable testimony proves the power of Lydia B. Pink hams Vexstable CORIAUNS OFas diananae of women, omen shou that they are privileged to Pinkham at Lynn MM about their ia ntl rely tree. semanls ‘Aire: For Sale. ‘CREDIT. CREDIT mer a Ww oe atches and Diamonds, | | § ba SA ee pti Lowest Prices, — Rellabi onds. 1 oivent 8 CONFIDENTIAL: eof Teleph American Watch and Diamond Co,, 19 MAIDEN LANE. TAK® BLEVATON | HAMON DO. watches, +} Duslivss cunBdent JaMEs DiBUMAN, 37 Maldes Bet Bway plan } #9 ant ith ave 19E, 14TH ST | TYPEWRITERS RENTED, i ’ t re 7 | 44 Ave. tes: 12hth Et Opon Kvenings. A!) Makes, 6G Warren, N. ¥.i 320 Fulton, Dalen, } CLOTHING. CLOAKS, Tokay [eda aso Sawin CRE DID oitite aniieeh | PHING CO., St, Open Bveaings. CREDIT, Ss in GOLD STIFFENED WATCH, $10. bie Atk iny representative calle G. Aso, 37 | Malden jane. ' $4 WEEKLY gyi Seatiomes vaihing mh seen iv a ek CLOTHIN UMS AND de CLOAK, a WELAY ox ran td ry: hg breainas Lagi tse tid FRIDRY EVENING, FEBRUARY 20, 1903. “ALL THE LATEST NE WS OF THE BUSINESS WORLD. ‘STOCKS SHOW |ASBURY BANK'S NEW STRENGTH.) CONDITION BAD Gain in St. Louis and San Fran- cisco One Bullish Factor in and Support Metropolitan a Good Aid. ham’s Vegetable Compound and b+ Gracefully fitting, of fabrics of superior all-.oo!. week ending next Friday. York in its grasp suggests the welght adapted to al stock abounds in sultable for a MEN’S SUITS SPRING HAT Men's and Boy's Woollen Gloves. Medium Weight Underwear. Men's and Boys’ Negligee Shirts Men's Laundered White Shirt: Boys’ Figured Cassi- Boys’ Very Styli mere Double-Breasted ny) coats with ae Suits. vet collar, THE DOUBLE GUARANTEE insures of new patterns, Derby and soft shi » 48¢ « 45¢ A5c | LYER FOR SUSPENDERS“3." Monday— Washington's Birthdas Open Sireay Oe Until 10 P.M SURPRISE SPECIAL SALE NO. 179. MEN’S WORSTED, CHEVIOT AND TWEED TROUSERS ance and good wearing quality, many of them novelty stripings and herringbones predominating—a considerable display of them is shown in the windows, and every pattern is in stock in all regular sizes-—on sale for one busy The wonderfully changeable weather that has New “year-round wear. for the new season, that are just out, any purchace fail to please, and free repairs of clothing for one year. TO-MORROW AND TUESDAY —Of Paris Web, handsome and ane The Store Will Be Closed, & HUDSON RIVER By THE FOUR-TRACK TRUNK VIA NIAGARA FALLS, Norah In san rasta 2.45. 3.90, appear- wo : Saas Sses &8 8S8 acyenes, 1 50 n— wisdom of apparel of The Surprise Store’s ight woollen garments $3, $5, $7.50 Tc, 95c, $1.45 20-hour train to Onier Electric lights MURAI AND ROT us Albany 6.40. Troy, MAL P. Di P. OPww apes 28c | Boys’ Hats, of unusual quality. .00 *: Boys’ Gaps, of all-wool cloth. 6.00 My M. Boys’ All-Wool Knee Pants. .. 6.35 & it Men's and Boys’ Four-ply Goilars... 7.30 3 a sh Over- | Young Men's Suits of 8.00 §; LRirtie 7. - $2, 50 all-wool che $4. 50 E §.43, Toronto 10-68 jot... 9.15 Sicening ear enty tor Rechewar: a prompt refund of the price should 9.20 D Oat Tk P. 9.30 8 10c Other Days Until 6:80 P.M. way. 35 Unign Su. W. Zi rant 325th at, Grand Central 6 Sete Wiew" "Vouk CENTRAL NEW YORK, BOSTON. Write for Ilustrated Catalogue. ASPERFEL ULEVELAN “Bowery Savings Bank Block. Bet. Grand and Broom north of Grang Bt. ‘Station, west side of street, PRN ADT tT ADOT SOOO We have purchased the entire stock (valued at $500,000) of CLARKE & CO: the well-known Broadway “ewellers, which we are now offering to the public at unheard of prices. al or sai wets waite’ Diamonds (ho ovement; Sarr $584 te price $22.50 ei sir 54 and 18 karat gold seamless Wedding Rings our dalty. Prices $2.50 to $1 ity Guaranteed. No extra Charge for Leitering. ‘Open Evenings till 7. Saturday till 10. Mail Orders Pilled. Inquiries Solteited. te) dr “$15.00 Gold Watches, $6. To-Day and To-Morrow. walter, mak Ladies’ an hundred of these 14K. Everyone has been te carrying. Sale” ponitively tarp Saturday evening. | Also a $185.00 Bolid 14K r hes. | regulate! for utope at 6 Suiffened, Baars 00, and many othore. All Written Guarantee’ given. $135.00 Diamond, $85. $10; Varramted And « Wee Gent's heavy 14K. can be remounted into lady's setting, Gold Ring Betting A 4, without exira com, $100 01)” Dian i Shoe Soart pine Kure W L Lady's, 86s 00 Bias ond Betting $40. Genie $70 450 aby eines A tad a "Welton Guaraa Biven. $5.00 Gold Glasses, $1. ‘This week our Opticlan will «: FIED and teil you & pale of warraute CHARLES A. KEENE, We INV DIAMONDS, WATCHED, JEW ELI, Cash or Credit, One Price, WwW. SWE ET & CO., 37-39 MAIDEN LANE (1 srore) PTOWN BRANCH, ¥ HhOOKLYY BRANCH for th ~Patents yee tT For five dollars we will make @ full sct of teeth, and guarantee them to fit perfectly, botanical discovery applied to the gums makes pain impossible, our wonderful method you can have your teeth extracted free, painlessly, in the morning, and new ones ready at night. All examinations and consulta- tions FRE anteed for Ten Years. Fall Sets of Tocth. Gold Crowns, 22 kar: Gold Fillings. Silver Filling Waterbury Dental Parlors, Hours, 8 to 6. German, French and Swedish spoken, Positively prevents the plate from TEETH EXTRAGTED GOLD FILLING! King Dental Co., *°% Hours, 8 A, M, to 6 P. M. 364 6th Ave i) Gold Pillings Silver Fill HAIGHT & = TEESE| STOCKS, ‘BONDS, GRAIN, LOTTON. DREAMT ALENT OFF Street AND NEW ENGLAND, . a Via SpringOeld and the AND ANY NO PLarTes REQUIRED Our new By i, and all work guar- Pennsyivania AILROAD. BROOKLYN: | NEW YORK: THIRD OB 4-416 Fuiton St. 84 W.23d Se, fl asd besnnpsane (ND conTLa = Derive ps (28 door weet Abraham | (Opp. Bien Musee.) Iie levine, ra tnlenie lies I aw tor Twenty-chird st ‘aatiens Fwiee noted. Sundays, thot ds 9 to 4 All Work Guarantood for 10 Years, UADRUPLE ATTACHMENT which opping when eating or talkin; NO PAIN. Sundays, 10 to 2 Pull Sets of Ts Gold Crowns, 22 karat tor Bridge Work, p -$0¢. up work guaranteed Palnioss ‘snd warranted 10 years Hours8 to 8 Sundays 9 to 4, Banking and Co. BROADWAY. vite Mist ‘wenty-t foo Desbromes $60 Fulton st Annex tau ” iad re ents elage “ wt will be ple we cloth-bound illusraced STOKS, OT Help Wantere Male HT 4. © wean eaning

Other pages from this issue: