The evening world. Newspaper, March 13, 1903, Page 10

TEST NEWS OF THE BUSINESS WORLD. | LROPOLITN * SHOWS BOOKS, Railway Company. Per- ‘mits District-Attorney Jerome to Examine Its Accounts and Pry Into Its Affairs. | Apparent, but He Commends Cor- poration for Its Action In Giving Him Opportunity for Investigation, Wisirict-Attorney Jerome after further ultation with De Lancey Nicoll and ul Oravath, of counsel for the Metro- an Street Railway Company, gave His talked-of statement relative to charges of corruption in the man- mt of this corporation's affairs, der investigation by the District- ney’s office, and under excited dts- n in the speculative part of Wall ‘effect the statement says that the were first brought to the Dis- "s ettention by William O. , who was accused by President of being the instigator of the From the investigation made far the District-Attorney finds ap- @iwcrepancies in the reports made officers of the company, but he adds the company has offered all the | of the company to his ofMfce ‘these disrepancios may be ex- ed away. ‘This, he thinks, ostab- @ valuable precedent, in that : corporations in the future will it dare to refuse proper requests with- dering themselves open to grave ‘The statement follows: ‘Me. Jerome’s Statement. Company that he desired to lay me as District-Attorney of this I had known Mr. Amory for years through meeting him at Chess Club, of which he @ member, and I had known him in other way. K bearing and conduct, so far as I been able to observe, was always tt of a gentleman, and any opinions T heard him express on matters that under discussion were such as an and honest man would enter4| I made an appointment to meet Mir) Amory and he produced a volum- mass of statistics concerning the olitan Street Railway Company Anes leased and owned by it. H ps were confessedly compiled ‘the quarterly reports made under ng that the matter was one which 4 require careful investigation to n I referred it to my as- who proceeded * Gohurman had before him reports by the (panda ee the Btate in_ testimony Vreeland in a liti sph Ad reports of Mr. Hertie’ and Mr. man, who are accountants. Mr. Schurman’s Inquiries. fae there were no others. hen it appeared from a close smn n of these documents that .were apparently inconsistencies in ris made the ilible. te themselves, therefore sent for the counsel of pe company, informed them that under direction this investigation had been sonducted and told them that these dis- STOCKS RALLY ON GOOD OUTLOOK Expectation of Favorable Bank} Statement Brings Outside| Buyers Into the Market and List Shows All-Around Gains. COVEREING BY THE SHORTS. Heavy Purchases in Steel While Sugar Gains—Pacifics Fairly Good with Amalgamated Under Pres- sure of Pool Selling. Stocks rallied after an early weak spell In the market to-day and fair gains were registered, especially in the railway st. Speculation, however, was not very active. Traders began to take &@ more favorable view of the bank statement, and estimate a big decrease in loans. Covering by shorts and buying by the outside public, whose confidence has been temporarily restored, alvo helped along the advance. The higher London closing was also a factor. The announcement of the Keene sult to restrain the Union Pacifico manage- ment from voting -its Southern Pacifle stock at the coming meating of stock- the latter company at first ight decline in Union Pacific, which was later made up and indugea purchases of Southern Paoific, which carried the price up 1 per cemt. Cana- dian Pacific was heki in restraint by continued talk of the strike on the Pacific coast. - Among the industrials, Amalgamnted Copper was not as active as It has been of late and developed heaviness on re- Ported pool welling, and the deckine in the metal and the stock abroad. The price of the stock here declined a point and then rallied. Sugar Refining re- covered sharply on a report that Con- Gress might call an extra session in ‘October for the purpose of passing the ‘Cuban Reslprocity bill, Consolidated Gas ativanced 1 1-2 per cent, There was a fractional improvement im Metropolitan Street Ratiway and Man, atten was also firm. Government ‘bonds were unchanged and rafroad bonds ruled firm. Time money was mot in active de- mand, 63-4 per cent. being the average rate, Gome large sue were put out on call, one prominent bank lending %,000,000 ait 6 per cent. ‘There was some hopeful talk on the probable Hebruary earning of Reading, and the stock advanced on the strength of tt People who had early information sold Sugar ghort on the practical postpone- ment of action on the Cuban reciprocity ‘treaty uniil December. Lower Wall street houses were bullish, but the peo- le in touch with the company's af- were heavy buyers of the stock. ing of United States Steel wae ton adtitude ‘of fordige operetore, sup: je of foreten operators, su Posed to be in touch ‘with the Morgan terete, Ik that the Gould arty would take goed hol ings party woul © oldings of West- ern Union at present prices, The rally in Wabash uncovered quite @ considerable short interest and stop orders Were cuught on the advance, Reading was bought in lange quanti- ties by Wasserman Bros. and Pearl & Co, It was reported that the Morgan interest regarded it as a cheap invest- ment at the present levels. ‘The Whitney-Hikins crowd bought ‘heavily of Metropolitan and managed to om | run up the price on the short interests, and that they would put all the books and papers tan St y and of a oy it for the purpose of explain- matters, and would in eve! taciittate mein making a full an ough investigation. ‘That investiga Fests atom on 0 ora b ent thon goes on to in delay about its issuance, Mr. Je- me wanted to be sure that the attor- they informed by both Mir, Nicoll and wath, (Bo the etatement was to the company's atti- respect the District-Attor- Seems to me thet this course on part e Metropolitan Street ray Company shes @ prece- it OF the greatest public value, It that Rot quasi-public corpora- ne Bre willing, when proper a) 4g made, to give to public full disclowure of their aff far ‘be necessary for such officers ermine whether there has or has mB wrong-Golag in wich the pub- interested. Pho Sirwopoutan Btrest Ratiway | ny, one of the largest corpora sounty, being willing to submit to pr r Inspection to Il now be very her corporations to refuse to do roper request 1s made, with: hem to grave suspicion,” ———— SHIPPING NEWS. THE TIDES. ‘The Standard Of1 coterie was sald to be operating heavily in the market, and some of the buying was ascribed to the Morgan interest. The newly formed $3,000,000 bull 1 in Louleville & Nashvilie, headed” by John W. Gates, abthough of small di- mensions, was able to take care of the stocks and the price remained tinm on Pumors ‘that the ‘western alist would force the declaration of a divi- Gend of 6 per cont. The Southern Pacific pool, of which James R. Keene is the organizer and leader, supported its stock well and Waa believed to have influenced sume of the pressure on Union Pacific in London, The Closing Quotations. To-day's highest, lowest and dlosing prices and net changes from’ yesierday'e closing prices are 88 Coblows Amal. ‘Ama, Am ‘Am. Asn. At, t Brooklyn 8 ran. Packt “eee vee eererere ‘ on | Reading iat pt Reading 24 pe. Rock Island Rock Istand ot Southern Pacific % ‘| SPECIAL OFFER, | WANTS CY TO BUY TERMINAL Staten Island Rapid Transit Co. Sends Notice to Mayor Low, i to New York for $440,000. IN A FRANCHISE HUNT. That Company Decides to Become an Open Bidder for the Transit Rights and Will Not Compel City to Condemn Its Terminal. Mayor Low to-day received a propost- tion from the Staten Island Raptd Tran- sit Company to sell the St. George Ferry terminal to the city for $440,000. ‘The Jand and water front was valued ft $200,000 a year ago and since that time {t ix sald that $240,000 has been spent In improvements. The directors of the Rapid-Tranalt company have decided to become bid: ders for the franchise and determined that to put themselves on a» fairer basin they would offer their property to the olty at what they consider a fair price Instead of forcing the city to acquire the terminal by condemnation proceed- ings. The Rapid Transit Company's decision to sell! the terminal at St. George will give impetus to the plans of Borough President Cromwell for a change in the map of Richmond, which will reduce the @rade of the wagon approach to the ferry from 11 per cent. to 4 per cent., and provide a direct route for the trolley cars into the second story of the ter- minal, ‘The latter improvement fnvolves the Purchase by the city of a small part of the lighthouse department reserva- tion, southwest of the terminal. The trolley lines from both the east and north shores will enter the ter- minal etation on a trestle with low gradients, which will carry them above the team railroad tracks and the wagon approach, BEAR CREEK MINING CO. Court of Chancery Asked to Ap- point a Receiver by a Boston Woman, (Qpecial to The Bvening Work.) TRENTON, N, J., March i8—Vice- Chancellor Emery has granted an order to show cause why a receiver should not be appointed for the Bear Creek Con- volldated Gold Mining Co. The application Je made by Jerome D. Geiney, of Kast Orange, representing Martha P, Goodell, of Salem, Meas. ‘The company was organized Feb, 8, 1901, with @ capitalization of $500,000 for the pur jose of mining gold and other materials territory of Alaska. Martha P. Goodell, the complainant, alleges that the company is insolvent. —————___— Lackawanna Steel Elects. James Speyer, R. B. Van Cortlandt and G. R. Fearing, directors of the Lac! any. Mr. Fearing represents interests in the company. ——— Week’s Imports §3,230,6P4, ‘The total imports of dry-goode at the port of New York for this week were valued at $3,239,604, IMPORTANT TO WOMEN! Beauty Is Woman’s Great- est Safeguard and the Key to Happiness. DR. CHARLE FLESH FOOD 4 by every woman Tt Ie oF 80 maki Hoth (a ah leah Food after & bosom to WARN: 10 “avoid “substitutes ot b's famous preparation, “DR. CHARLES FLESH | FOOD" ts ont sale vat ihe. principal. Department Biores and ‘Druga Uf your dealer has not got The regular price of lee Flesh Fo: 00 att Ht Into thousands | i ry al are seat Ip plain Offering St. George Property) = CURB STOCKS STEADY. Steel Inanes, Amerioan end Stand~ ard O11 Sought. ‘Trading on the cury was quiet, but about steady to-day United States Steel fives sold at 87. Sales in this se- curity amounted to $65,000, Bteel rights sold at 5-4 to Lackawanna fives were uoted at American Can at Ti-t and Standard OM at 687, The bid and asked prices of the prin- cipal outside securities to-day were: —— ‘The Wheat Market, Wheat opened fairly steady, but dull, Commission houses had few or- je was inclined toward the bull side, because of small Argentine shipments. This demand carried May up to 79 15-16 after the opening. Broomhall cables say while arrivals of wheat at Argentine ports are liberal at the mo- ment, offers from the Interior show a falling off. Corn opened steady, but later on rallied. New York's 1020 A. M. opening prices May, 79 %-4; July. 77 bid. Corn—May 50 1-4 to bo &. Chicago's 9.30 ‘A, M. open! were: eat—May, 76 7-8 to 71 8-4 to 71 7-8: September, 70 3-8 to 10 1- Corn May, 47 1-2; July, “4 6-8; Septem: ber, 43 5-8, Nev York's closing, were: Wheat —March, May, 7 ? 763-4 bid; ‘September, ‘Corn— March, 66! oft ch were: fered; May, 621-2 offered; 3-8 to 50 1-A go's opening prices were: Wheat 11-2 to 71 6-8; Bep- 708-8. Corn--March, ~ . 471-2 offered; July, 44 3-4 to 447-8; September, 43 3-4 bid. The Cotton Market. ‘The local cotton market opened quiet and “@&sy to-day with prices 1 point higher to 2 points lower. Disappointing cables were offset by further rains along the Gulf coast, so that the early market steadiness on distant posi- ‘ate unloading of May led to a decline of 4 points after the open- Ing. | The weneral market was rather quwet with public intereat lacking and big operators seemingly little Interested for tae moment on eltber aide, ‘The flood news was a factor in late months, causing fears of delayed planting. Port recelpts were estimated as fairly large. Late cables were easter and brought out considerable cotton after the opening, but {t was well absorbed, and on light estimates for receipts at Houston the market continued to harden, near months showing the strength ot new crop options. New ns opened rel- atively steadier than New Yo! ‘The openti es were: May, 9, 9.72; June, i Roi July, 9.80 to 9.51; September, October, 8.58 to to 8.84; 8.4; November, 8.43 bid; December, 8.42 to £44, Every day lam re juvenating worn out eyes with correct glasses—not glasses 90% right or 999%, but correct to the infinitesimal degree—1009¢ right. 1 can bring back to your eyes, weakened with strain, the clear vision, the natural ease and comfort of twenty years ago. Correct Glasses, $1.00 up. Artificial Eyes inserted, $3, 00. antes Ati 409 HONeill & Co Misses’ Sutits—(Second Floor.) Attractively Priced for Saturday. MISSES’ BLOUSE. SUITS of fine Cheviots, fancy silk braid trimming, gored flare skirts, colors navy or back, $15.75 sizes 14, 16 and 18 years, value $20.00; Saturday 5 MISSES' JUNIOR SUITS, blouse effect in novelty mix- tures and solid colors, trimmed. with panne velvet and $22. 50 silk flat novelty braids, value $29.00; Saturday...... ... 9 p CHILDREN'S REEFERS, made of cheviot, box back, with emblem on sleeve, in navy blue and red, sizes 6 to! $6.75 14 years, value $8.50; Saturdaysseescsencec seeces seees MISSES FLY-FRONT JACKETS, of Covert/Clothand 6 and 18 Cheviot, lined with satin, sizes 14, 1 hie $13.50; Saturday. . value $10.00 Hosiery, Underwear, Etc., For Men and Women At Very Special Prices For Saturday. (First Floor.) Underwear for Men and Women. 100 dozen Women’s Imported Swiss Lisle Thread Vests in pink, sky, black and white, made low neck and no sleeves, sizes 4,5 and 6, usual price, 50c.; special at 35c. each, 3 for.. $1.00 Tive cases Men’s extra fine ribbed Batbriggan Shirts and Drawers, in salmon, blueand brown unbleached —shirts 34 to 44, drawers 30 to 44— usual price $0c.to 65c.; special at39¢ Two cases Men’s extra fine and super weight natural wool Shirts and Drawers, best finish, suitable for early spring wear, made to sell at $1.25 to $1.50; Men’s super weight imported “Stutt- garter” natural merino Shirts and Drawers, all sizes, ates... + $1.50 Men's ‘and Boys’ Fancy Percale Shirts, over 20 ‘patterns to select from, attached and detached cuffs (a sample line), made to sell at 39, to $0c.; at. tees 25c “Guyot’s” French Suspenders, plai white and fancy, at, per pair-.-32¢ Hosiery for Men and Women. 500 dozen Women’s Fast Black Lisle Thread Hose in plain and ribbed gcods that lly sell C5 per pair, Women's Fast Black Cobweb Lisle Thread Hose, special salvage, usual price 50c.; at our pricewecees 39¢ Women's Fast Black Lisle Thread | Hose in over thirty different pat- terns (manufacturer's samples and no two pairs alike), worth 50c. to! $1.00; at 35c. pair,3 pairs for $1.00 Women’s Fast Black Lisle Hose, | Rembrandt and Richelieu ribbed, double soles, heels and toes, ingrain dye, usual price 39c; at, per paireeseee ws 25e Men's Half Hose, black cotton, worth 35c.; at, per pair. 19c Men's Half Hose in Lace openwork, worth 39c.; at, per pait.esseee 25 Men's Plain and Fancy Half Hose, over 20 styles to select from, goods worth 50c. to 65c.; at, per pair, 35c., 3 pairs for $1.00 The Popular ‘‘ La Vida’’ Corsets. Manufacturer’s Sample Line Away Below Regular Prices. —(secone ricor.) LOT 1.—A number of short, medium and long waist ti that usually sell from $4.50 to $6.00; ate.seesee eee H § | .50 LOT 2.—For stout figures, low bu: lly $7.98; for this sale. ae a '$2.75 LOT 3.—Fancy Brocade, light’ and dark effects, corsets that sell in the regular way for $16.00; ates. {$7.50 LOT 4.—Fancy Batiste and Broche style: Hy $7.00 and $8.00; at. $$2.75 It is to be noted that La Vidas are American Corsets of genuine whalebone, and the equal of any corset that comes from abroad. There are models for every figure, and they fit to perfection. Laces, Ladies’ Neckwear and Belts. Specials For Saturday.—(rirst rioor,) Several hundred pieces of Torchon, Valenciennes, Point de Paris, Cluny and other Wash Laces, in edgings and insert- [3 ings, regular price 8c, to 25c,; at per yard 3c., 5c. and. cesses Real hand-made Arabian and Bruges Lace Collars, Collar- | cttes and Yokes, regular price $5.00 to $8.50 each; at..-+-. | 2-40 Washable Stock Collars, with bishop tab, inwhiteand colors, | with white or Persian embroidery,regular price 75c. to 8$c.; at | OOC. Real Lierre Lace Fichus and Berthas, in white, regular pri Povinscmalsia eee ee SL AS Belts, in All-Silk Taffeta, Surah, Peau de Soie and Elastic, folded, plain and tailor-made with ailk; oxidized, silver, gold | 3c and jet buckles, regular price 60c.; a , Sixth Avenue, 20th to 21st Street. MEN’S FURNISHING DEPARTMENT, CLEARING SALE OF “Star” Shirts at 85° Each. FORMER VALUES, $1.50, $2.00 AND $2.50. Made of the finest French percales in all of this season’s newest patterns, consisting of neat figures, polka dots and stripes on white grounds; a very choice selection of black stripes and figures among this lot. Bosoms plain or plaited, cuffs attached or detached, sizes 14 to 18, all sleeve lengths. CLEARING SALE OF Men's $1.00 and $1.50 Neckwear aT 45% English Squares, Ascots and Four-in-Hands, in light, dark and medium colorings. : CLOSING OUT WOMEN’S GLOVE DEPT. Trefousse, Perrins and finest class makes at less than half cost. ALFRED J. CAMMEYER, éth Ave,, Cor, 20th St. John Daniell SonsuSous Offer the Following Special Values IN Furnishings for Men. NEW COLORED SHIRTS—A beautiful line of all the latest neat figures and stripes, perfectly made and hand laun# dered, usually retailed at $1.25; offered in this sale at O8c, each) MEDIUM WEIGHT UNDERWEAR—Men’s Natural! Merino Shirts and Drawers, right weight for present wear, usue ally retailed at 75c. each; offered in this sale at..... 50¢, eact# HALF HOSE BARGAINS. A large lot of Manufacturer's Samples in Lisle Thread andj Cotton, qualities ranging up to 65c. per pr., at three special pricesd 17c. Per Pair; 25c. Per Pair; 35c. Per Pair; 6 Fairs for $1.00. 6 Pairs for $1.38. 6 Pairs for $2,00,) PROMPT EXECUTION OF ORDERS AND INQUIRIES BY MAIL, Broadway, 8 & 9 Streets. Entrances on Three Thoroughfares. i _ What We Say, You Can Depend, It’s So. | H GarPmMangs&G FORMERLY JOSEPH H. BAULAND CO. Entire Block Fulton, From Bridge to Duffield St., Brooklyn. Saturday's Special Attractions. Women’s Exquisite Shirt Waists.) These clever conceptions in Women’s Shiit Waists, combined with the excellent mate- rials and low prices, make these offerings for Saturday of special interest. WOMEN’S WAISTS, made of satin da- mask, front made with small box plaits partment. Talloring True, all nar hs. stsat mart Terit Pian Fooamwill be feat ge ite book, Fart aul directions A LES CO,, *, ia OPEN TO-MORROW NIGHT TILL 9 O'CLOCK. Get a Hecht ‘15 & *20 Q 90 Suit--Saturday at There is no faltering in clearing our clothing de- It's good-by to all the medium-weight clothing, and a terse one at that. Saturday must positively see the last of this class of garments, going to be caught short on the season, as Spring is close on our heels, $8.90 is the price we have chosen to accomplish results, clean and decisively. Back of this price is a choice of $15 and $20 men's clothing of invincible standard, that lasts—that wears—that has character to the general make-up. lines aren't complete—you couldn't expect that—still you couldn't help being pleased with some one of these suits. There's a fit for any man. CREDIT entitling you to part payments, 8.90 We Are Splendidly Stocked with Rain Coats, Weare not Cravenette rain coats are 10096 Pe erage all the dress advantages of the swaggerest overcoat. Whether you pay us $10 or any o! Broad shouldered, sk a your back, CREDIE WIT PART PAY are sure of having it ** right,’’ hope to fit one from our loose skirts. the gradual increases to $35 fot rae rain coat, 7g eh ? , a forming yoke, full front with four large pearl buttons, box plaited, “extra full sleeve, with fancy cut and $2.00 stock WOMEN CHINA SILK WAISTS, front made double-breasted effect, with em- broidered grape design and finished with pearl buttons; algo side plaits forming full front, back made with three small box plaits, tucked sleeve with frinesgs at elbows, fancy stocks with tab $3 75 e and buttons Stylish Garments for Misses. These special offerings are not equalled elsewhere. Nowhere can you save money on misses’ wear so well as here Saturday, GIRLS' PEDESTRIAN SKIRTS, of all-wool melton, seven gore, kilt bottom, sizes 30 to 36 inches $2.75 i GIRLS' REEFDRS, made of excellent quality covert, double breasted front, full box back, lined throughout, velvet collar, sizes 6 to 14 years... $5.75 GIRLS' SUITS, of all-wool cheviot, blouse jacket, trimmed with bands of taffeta, seven gore flare skirt prettily trimmed to mate! blouse, royal and black, sizes 14 and 16 years ys $8.00 €) Men's Clothing Specials. ( Special offerings. No such combination of quality and low price can be found elsewhere, Visit the cloth- ing store and be convinced. SPRING OVERCOATS, in all shades of covert, gra: vicuna and a] the new effects, made with the lat cut, fae fitting “collar and concave shoulder, regular value $12.00 to $15.00, MEN'S SUITS, all wool, in new effects, all made and tailored with an eye to perfect fit as well as workmanship, all sizes, Saturday.... $10.00 i} MEN’S ALIL-WOOL PANTS, in all the new effects, ||‘ made of pure worsteds, regular $4.50 an: $3.50 $5.00 value ones MBN'S NEW SPRING HATS, in all the new $2 00 } shapes and shades. Alpines and Derbys... r i { Molasses Creams, cream centre, mo- | lasses coating; Assorted Butter- cups, fruit fiavors, soft centres; Butterettes, soft. centre, butter | 3 Popular Candy Specials,