The evening world. Newspaper, March 17, 1903, Page 14

Annual Meeting of Company. FOR MUTUAL BENEFIT. W Caso of Defeat in Union Pacific | - Talbot J, Taylor, representing the + Reene pool in Southern Pactlic Railroad @ock, announced this afternoon that members of the pool had agreed to jd together until April 10, which Is two days later than the date set for the @nnual meeting of the Southern Pacific, This action, it was stated, was taken Yo enadle the pool to plan any future ac- ~ fon deneficial to the interests of those ed. | Until the courts decide the question of ‘Union Pacific Hatiroad yoting the 000 shares of Southern Macitic neid by ft at the yearly election on April ¥ mat- the pool dosires some time to matters over in case of a hitch. The Keene pool holds 400,00) shares of Bouthern Paciflo, while Harriman con- ‘trols 200,000, If the Court decides that Union Pacific cannot vote the 900,- shares held by it, then the Keene forces will have an easy victory, pro- ef course, the Harriman contin. do not prevent a meeting. by Te: nine. away and forcing a declaration net the cc court decision favors the Union . however, the Keene Torces will themacives’ with @ pig block of hand which they bought ror ‘and is now selling In the market for It is therefore primarily with a view range A thelr losses 8 case of de- that members of the pool will If necessary th epool, may eventually, extended for several months. > ‘taking time for market campaign agp igi coyld plan to force the stock the figure at which they bought, aha'thus wind up without loss, — EPORT OF IMPENDING SALE OF WESTERN UNION. Se iibinke cious the Coming, increase o* ‘dm American Tclephon Btock to $250,000,000, ‘The American Teleptione and Tele- graph Company has called a meeting of {ts stockholders for March $1, to in- ‘orease its capital stock from $160,000,000 "This led to'a report in Wall street that rot eno! ugh stock to x! they Western Union Acoeding to” thks Gould. Raving, disposed of thé tan, has also decided to get rid ‘af his telegraph stock in order that he it _con- ead May carry out his ratjroad plans with sreater, freedom ‘This story was met: with prompt de- niais’ Tt was said by the telephone In- forests that the capital stock was only ¥o.be Increased gradually, hough It was Thonght desirable to havethe increase Authorized at the next meeting. —_—<————_—$ The Cotton Market. | The local cotton market opened firm to-day, with prices unchanged to 2 points © higher. It was rather quiet and no more ight advance. Cables ‘were a little bet han expected, flood Ee vas bullish, and the estimate {oF geceipts at port was rather light. weral breaks ‘were reported in Mem- mihg flooding the surrounding country. further Faint are predicted in the Cotton belt, no immediate relief js in Bight. After the call moderate reaiizing Gaused a silent decline from opening, ‘operators in the market appeared a litde Interest in initial proceed- Ma 4.90 “October, B87 to ¥ Maveinber, 848 to 840s, December, eto 8. 8.48, _——+$___ The Wheat Market. Wheat opened a trifle steady put orn opened so woak and heavy that ond soon followed to last night's The break in corn was attriy- Beer to further, heavy vunioaging in ‘of yesterday. May corn deciined against ih break in Chicago, July, 78 bid, eptember May, 60 3-8 bid; tune, “tho bla 49 1-8 offered, I-4 offered; September. cos to 44 1-2; September, 42 7-8 a 4 dacoba ba & Nuhinovs Assiue, ‘Jesse BK, Jacobs and Abraham H. | A Ruhinova, comprising the firm of Jacobs manufacturers of children's fo, 149 Spring street, hovday to William M. Kenhard, out preferences. The liabilities arc é 10 be about $9,000, SHIPPING NEWS. ALMANAC FOR TO-Day, stoms,. Cision cocs., 6 Ullidoos’ rises. 9.49 [42 THE TIDES. - PORT OF NEW YORK, iG itis” Bri STRAMSHIPS. FENE POOL TO EASIER MONEY —[TAYABLE TRANSE AD 10 STOCKS. Trading Limited, but Prices Up, with Southern Leader. on the Keene Pool Buying Campaign. _ BE EXTENDED. Pacific Stockholders Who Are Fighting Harriman » Will Hold Together Until After UNION PACIFIC HOLDS UP. Harriman Interests Support the ls- sue Against Doings of Rivals— Coppers Strong and Pennsylvania and'N. Y. Central Regain Lo Court Action They Would Stand to Lose and So Will Plan to Bring Shares Back to Profitable Figures Speculation in the stock market to- day centred arougd Southern Pacific, which was rapidly ‘advanced by James R. Keene «nd his followers, anxious to obtain a majority voting stock before April 8. The movement met with some ,tesistance from the Harriman coterie, ard for @ time the price weakened, but quickly rallied and maintained a gain . Union Pacific was also| i well supported. American Smelting and Refining showed considerable strength. the meeting on After early declines Pennsylvania and ‘will be a littie hazy for botn mdee; | d. , Raliroad bonds were dull In spite of the difference in price of Southern Pacific between here and Lon- don, which amounted to 1 per cent., the arbitrage houses did not care to trade in it. Stocks bought {m London for the account and shipped here on delivery cannot arrive before the closing of the | Worl thus entailing a risk of being | Vpr caught on the short aide here. A squeeze in the stock was so much feared that 1 . Was not regarded as a fair compensation for the risks Involved. The later weakness was due to the prgposition to declare rights before iogg to subscribe :to addi- tonal stock at 140, in Pennsylvania (he brokers usually trading ‘for the Harriman intereat supported Union Pa- cific and raliled st on the shorts. The heavy tone in Manh: ascribed to the labor situation as shown in the demands of the newly organised The downward move had sympathetic effect on the other Consolidated Gas seemed to have been the company was Cad for ‘the | oversold and advanced on the demand ve for the stock in the loan érowd. ‘The Hquidation in Pennsyiventa was thought to be due to selling to protect Philadepthia holdera® of conaolitiated Lake Supertor. Tennessee Coal and Iron wee strong THE WORLD: TUESDAY EV LZ TEST NEW NEWS OF THE BUSINESS WORLD:| BILL IS SIGNED, State Will Gain "gain $000 000 by the New Law Assessing Di-| rect Inheritance. ALBANY, March 17.—Gov, Odell to-day signed the no-called Taxable Transfer bill of Senator Stevens. The measure provides that the direct inheritance of property when the value ts $10,000 or Rreater shall ba mubject to taxation un-) der the Inheritance Tax act. ‘The tax is 1 per cent. on the market vatiio of the property. It Is estimated that the State will gain $600,000 per year by the change. ———— CURB STOCKS ACTIVE. Steel Ff and Northern Secari- ties Among Sharex Sought. Trading on the curb wan fairly ac- tlve but steady. United States Steel 5s were firm at 868-8. American Can pre- ferred sold at 46, and Northern Secur!- tiem at 10 3-4. The bid and asked prices of the prin- cipal outside securities to-day were: Bid. Asked, 105% 106% || ty % 90. ey x oe" jectric Tackawanee oe iw GRAIN SUPPLIES WANE. Decrease im Available Wheat and Corn, Increase in Oats, Bpecial cable and telegraphic com- muntoations received by Bradstreet's show the following changes in avail- able supplies since lest report: Available Suppites. Bushels. Wheat—United Staten and Canada, 2 2,222,000 ‘600,000 2,822,000 tam of Rocklen, decraised + 854,000 Cate -Voited States and | Canada, of Rockies, increased.......... 408,000 MISSOURI PACIFIC ELECTS. John D. Novkefeller, Jr, Added to OmMetal Ron: At the meeting of tho newly elected Board of Directors of Missouri Pacific to-day the titles of First, Second and Third Vico-Presidents were abolished, those holding these offices hereafter be- ing known simply as Vice-Presidents, C,, Bird, formerly of the St. Paul Raliway, was elected a Vice-President, the ‘former officers were re-elected. and Wivh the exception of John D. Rocke- feller, jr., who was chosen to succeed Gen,’ Fitzgerald, the personnel of the Executive Cominittee was not changed. STOCKS STEADY IN LONDON. Bat American Group Irre, Qn Exception on the Li ‘The arrival of gold in London ex- erted a steadying Influence in console end pce. invertnent securities on the ock Exchange. American Tali way phores Gisniarel ire regutarity. while Gri were firmer, and Tite were on the reports of excellent earnings for An interest formerly identified with Baltimore and Ohio was understood to be bulling Reading, and as the jsame probably covered shorts in Baltimore and Ohio, the pro- sumption Is that they have a fair idea of the limited quantity of stock in the Southern Pacific moved entirely os the brokers representing the pool chore and was thoroughly. manipulated. bot J. Taylor & Co. gave out the or- Corn products showed early strength and gave some welght to the stary that the common dividend would be declared on a 4 per cent, basis, A general improvement in the money tion kept prices up and al: ing was lMmited good ga. tered throughout tne hm. Firmer London quotations started the upward movement and Favorable reports on the ra. road earn: most ‘conservative element is expecting 4n easy tendency for call money during the next thirty day heen ‘some Imports of gold from France and exchange P, Chives henge by leading holders stmiar to “here hate been of money to the West and the total loss of to the Sub-Treanury amounts to only $) in the monoiary alt: as bullish factors, ‘5 10,8 A, M. opening prices yore waet Pfly” "bid, | no big shipments or South of late aince last Friday 000. "Phese teat uation Were takel To-day's highest. loweat and closing prices and net’ chaugeo {rom eater ing. pric nae cloring prices wore: May. March com, i2 6-8 bid; May, & Ohio. irkiya Rap. “rasa ite ea PSs sass = Feeerr F: Bigs Water, Yow Water % Hook. ts 40 Mo | Me, Ken ase ABS HE ER toe e2scz F SE FESR EE Ferree Fete ae where ESS Aatwerp ‘openhagen iterdam | 80 22. 2 Seeee FE SPELT ES ES: ee FSF RESET: atin AP pate | Reta, higher. R WALL am Gallagher and Henry Sar- uss, two of the prominent traders in atarted one of the/Cut Glass. Dattle royal “scrape” that occasionally jenllven trading on the curb. The: outside securities, broken hats, fled tempers, but all laughed over it and the trading went briskly on. Holyoke, Mass, First National Bank, a visit to this city. J. 8, Wynne, Secretary and Treasurer of the Raleigh Cotton Mills, announces 13.75: that his company, together with several others, is forming a consolidation or morger of the cotton milla in North Car- The new venture ts backed by several New York capitalists. olina, minutes there was a cholce collection of damaged faces and rut-| Mustard Jar, 850. Twentieth Century Art ©. A. Crocker and R. F, McElwain, Glass, Flower Vases, Suit formerly associated with the American| able for Easter gifts. Writing Paper Company, have purchased mill property with water privileges in and will enter into ag- 5 gressive competition with the American Value 2.95. Paper Company. STREET CHAT. JAMES McCREERY & 60 China, Gia and Bric-a-Brac, {it a Donnybrook diversfon, Gall Va'u? §.00. opening the fun by smashing Sar- keant's new derby hat. Sargeant retal-|Celery Tray, 2.75 }tated by bruising his friend's nose and Value 4.09, then the festivities became general. No ry ‘ae method of slugging was barred and no| Vinegar and Oil Cruse, 1.00 rules were observed, At the end of ten Value 2.00. 1.00 each, English Porcelain Dinne’ James B. Forgan, President GD Sets, Cobalt blue, —fin: of Chics West 23d Street (Opposite Fifth Ave. Hotel). WEDNESDAY, March 48 THURSDAY, March 19 SPRING OPENING MILLINERY Comprising the very latest PARISIAN NOVELTIES, together with OUR OWN. MATCHLESS CREATIONS The flower, leaf and vine deco- rations of the store breathe the spirit of the event, and mirror the commencement of Spring. West 23d St., N. Y: Fulton St. & Elm Place, B’klyn, 10 Rue Sainte Cecile, ‘Paris, Stern Brothers will place on sale to-morrow, a large purchase of Women’s Hosiery Black Gauze Lisle Thread Hose, _with spliced seams and double soles, Black Lace Lisle Thread Hose, Value 45c pr. 29¢ entire length and in new ankle effects, Value 60c pr. 38° Extra Fine Quality Black Lisle Thread Hose, in new lace work designs and with embr'd insteps, Value 95¢ pr. Oe French Pure Silk Hose, black with embroidered clocking, Value $2.50 pr. 91.65 Special Values in Women’s Neckwear FANCY PIQUE AND DIMITY STOCKS, with bishop ends and colored lawn edges, 25¢ FANCY WASH STOCKS FOR SHIRT WAISTS, of pique,cheviot & fancy madras,in the newest design & colors, DO LIBERTY SILK AND CHIFFON RUFFs, Stole, Fichu and Full Effects, in black, and black and white $2, 38, 4.50 Actual values $3.00 to 12.00 HYDRANGEAS, all colors, FLOWER HATS, Special Values in Imported Flowers 79¢ WREATHS, suitable for ladies’ or children’s hats, $1.25 and $1.50 \'rtimmed Millinery Dept,, First Floor. Value $9.00 $7.50 200 ORIENT AL RU! best makers, modera' Third Floor. prices, meee setatesel se + ttet tel ttel t+ PRESS FEET SS FEF FE SEAS Oriental and Domestic Rugs BO ee NNnstin Ghendiec, Hamadan, ete, $5250 to 22,50 MODERN PERSIAN & TURKISH CAR- MODERN ikea Libmriestuisce, $50 to $225.00 Fine Persian Carpets & Rugs, incudi choice specimens of Kirmanshah, Herat, Sennah, Iran, Khorassan, Rurdistan, ebriz, Fereghan, etc., at Low Prices, Domestic Rugs, witon, smyrna, Brussels, etc, from the Art Rugs and Squares, Japanese Cotton Ri blue and white, and green and white, and China » inred, thing, at West Twenty-third Street. ished with gold. Formerly 19.75. 16.50,' 19,50 and 21.50, gold, [ 26.50. Value 34.50. Haviland China plates, Breakfast “ 20c “ Tea Saxisc, reduced prices, ; Twenty-third Street. JAMES McGREERY & G0. Toilet Dept. Brushes. bristles.’ 11’ and 13 rows, 85c.: Value 1 25. rows. ‘18¢, Value 25¢. to 35c. plexion brushes, JAMES McGREERY & CO. Corsets, © “Vesta” and ‘La Princesse” latest fashions of dress, 3.95: Value 5.25 to 10.00, Twenty-third Street. THE MAGNET OF SUCCESS. © IG, MARCH 17,’ 190e, Sugar and “Creamer,” 2.95 Limoges China Dinner Sets, —handsome patterns,each piece finished with coin Dinner size, 20c. each. Dinner Sets, Open Stock, decorative China and Bric-a-Brac, at greatly Imported, solid back, hair brushes, — with bleached or unbleached, petietrating Hygienic and Dehamme tooth brushes, 4 and 5 Solid back, waterproof com- Newly Imported models of On Wednesday, March 18th |Broche Batiste Corsets, with long or short hips,— and genuine whalebone! taffetas,—black, black and corsets, iu various models, | white or the latest fashion- [Rot choice at.......65 \ White Cheviot Ss Waists. With small black polka 4 , 4 dot, plaited sides, | Limoges China Dinner Sets,|]} broad front, trimmed with large eee (es tucked back, “cuffs, tab stock, oe Tucked Fap. Silk Hats. worth $2.25 each, at..eeee More to-morrow! color.../...+++ ruffles; 65c. values at Children’s Tatfeta Silk Coats. 4 years; $3.98 values, special at., ming, $1.35 values, at ers, in. or kid tip; complete ; $3.50 value at WEST 14'S More Record-Breaking Offers To-Morrow. We're Going to Keep This Great March Success Growing Until it Surpasses Any Like Event Ever Known—Suach Values As These Are Bound to Make it Grew, Women’s Fine Sample Suits at $9.98. In the prettiest and most desirable styles for this season's wear. garments from which stock suits were mad2. Great variety of designs, but all on the blouse idea. elaborately trimmed; lined with fine taffeta or satin. venetlans and fancy suitings ; colors black, blue, brown, tan and gray; to secure one of these be cheap, but as an Anil veneaty Sheil we Satisfaction Guaranteed or * Money Promptly Refusded These are the’ model 9.98 Tailored Blouse Suits for Misses. Made from fine all-wool Venetians, collarlees blouse, Hee with tabs and fancy buttons, lined ‘with Italian cloth, ‘puff r fort flare skirt, lined with best percaline; lack; sizes 12'to 16; good value $8.5 Shown in broadcloth, its at $20 would 9.98 Covert Jackets. The Boldest Offering of the Season. The chances are that you will not get another oj until summer clearing time. just the style and weight that you need at the pres- ent time and can use for cool nights and mornings sitin-lined garments, somely strapped and finished with velvet collar Special for to-morrow ate. A World of Millinery Beauty Here for You. There was never such a broad and attractive display here for early buye! was never before so great in March. Many people make it a practice to come het that they are almost certain to find exactly what they want at the lowest figure, 1.69 Flower Hats at $1.98, We can hardly --get them fast enough to keep pace with demand, Great value—this is the only place intown where you can get such hats at a popular price; any tunity like this ‘Covert Jackets— 4.49 All Wool Tan all Summer long ; Maybe that’s why the millinery business before looking elsewhere because they know Ready-to-Wear Hals Of straw. A broad assortment of the newest styles and most popular colors, These Hats are usually sold at $2.25. Special here at.. Covered Hat Bands. Unusual—decidedly so—to get them at retail at a price like Such news ought to interest milliners as. well as those who buy for personal use. The bands are covered with velvet, taffeta silk or satin. sizes—and no limit of quantity, at, each. seeeeee Flowers at 10c. Per Bunch. Almost every flower represented here. Large, showy bunches at a price wonderfully low. We have sold thousands of bunches this week. More to-morrow,values up to 39c, per bunch, at For Little Ghildren. $3.50 Outfits, $1.99. Children’s Guipers, 4 to 14 years; fine lawn; insertings of Val. lace and embroidery in yokes; clusters of tucks; 50c. values at.eovses Children’s Petticoats, 4 to 14 years; cam- bric, with umbrella ruftles; insertings of Val. lace and lace ruffles; some with embroidery Finely finished hand-made Hats, in all the latest shapes, In black and the popu'ar red, 1.69 All Wool Double-Breasted Suit; Extra Pair Trousers; All-Wool Golf Cap. 1.99 and Cassimeres. wise lace inserting; mercerized Maines 2to price of the entire outfit. Double warp Italian lin- ings, wide French facings. Sizes 7 to 14. Complete at Teen x Hosiery Ribbed Vester! extra large ae Children’s All-Wool Reefers, in Castor, Red ai Royal, sizes 1 to 4 years, sailor collars, fancy braid trim- Liberty Shoes. Fifty different styles. Colonial Ties and Evening Slip- dull kid or patent] women feather, all sizes and widths ; Patent Leather, boots or Oxfords, Louis XV. or military heels ; Dongola Kid or Box Calf, patent Women’s Low Neck silk cron 4 andy ribbon trimming; d Pants, extra large sizes: high neck and short sleeve vests; ankle or knee length panrs with French bands; 55c. grace at Women’s Fast Black Cotton Hose, some with ribbed tops, unbleached split Ace bigt spliced heel and toe; elsewhere 19¢.; h Fast Black Cotton Hose, nected high-spliced heeland to Viel Kid Oxfords, welt or turn oe 1.98}. soles, Cuban fey joule XV. ‘ast Black Ribbed Cotton Hos tbs 8 sie and widths war spliced heel and toe; double knee; speclal JAMES MeGREERY & CO. 25¢. Imported, wooden back, nail sale of, brushes. Muslin Underwear 15% and Silk Petticoats, ‘Twenty-third Street. and Floor. Gowns, Chemises, Drawers, Petticoats and Corset Cov- ers. Made of sheer ma- terials, in new designs to suit any type of figure. Trimmed with fine lace and embroideries, Gowns, Chemises and Petti- coats, 75¢. to 3.50 corsets, designed to meet Corset Covers and Drawers, the requirements of the 50c. to 2.50 The new “Calve’ yoke and “Pompadour”’ sleeves are introduced on this season's lingerie. Silk Petticoats made of excellent quality able colors, 6.75 to 15,00 Twenty-third Street. a ‘There's « simple little pussle, And the answer I will state, “What's the best way to get board- ers?” “The World's great three time! Fate! yer errr ame By Studying World. Home dats Printed PREPARE FOR MAY MOVING ‘THE WORLD: TUESDAY. MARCH 17, 1903. Serer seyret ele eT Pee ee fate