The evening world. Newspaper, April 21, 1903, Page 8

9 apport rer rarer eter nine error hnanremnminrpteeaet === THE WORLD: TUESDAY ip ap 3 EVENING, APRIL 21, 1903. LL THE LATEST NEWS OF THE BUSINESS = Sato meee STOCKS MADE ~ STEADY GAINS, Sentiment in the Market Carried the List Along, Ad- vances Being the Order of the Day. ean ea og x ROULD BROKERS ACTIVE. hey Led the Other Large Interests on the Exchange, While Room Traders Were Fully in Evidence | =Cleaning Up Before Holiday. + Btocks went along on a ateady climb ; , the sentiment on the Exchanze 4 among tme outside speculators be- (in eldediy bullish. Gajns were tho i of the day for quite the entire # ‘while thor was a fractional re- ) peasidn toward the end of business, tho ) }market closde high. Considering that | (to-morrow will be a holiday on the Ex- | Change the trading was exceptional in its buoyancy. ‘The Gould brokers were the most ac- “tive of the representatives of the larger | jApterests, but the room traders were ‘gairly aggressive in their buying. (Reading recovered from its early de- on due to the lockout of miners, there was some covering by shorts Tumors of a settlement of the con- The Interstate Commerce son's inquiry did not affect the : viaably, the price advancing 5-8, '¥ The strength which developed in Can- u (Pacific and the sympathetic ad- 9 in Minneapolis, St. Paul & Sault Marie issues were a plain reflec- gf the bullish sentiment in Mon- where there is a pool in the ck, There was bdut little of tue former stock floating in the “street” and the price advanced 11-8 per cent. yuri Pacific gained 13-8 and W: } 21-2 on heavy buying by the Goula » St. Louis and Southwestern 2 2 points. “eather preferred advanced 2 pointe and even Amalgamated, which was weak early in the day, advanced. | Blotropolitan and (Brooklyn Rapid Tran- git were strong at fractional advances, but Manhattan closed with o slight loss realizing. Atchison was 1 point up; Union Pa- cific, 11-4; Gouthern Pacific, 11-8; 6t, Paul, 1, and Missour!, Kansas & Te’ 134, Westinghouse Electric & Man! facturing Company first preferred 7 re sient recession as trading closed ‘was due to profit taking, brokers clear- up their deals in anticipation of the holtay. money was much easier, belng of- dered at 3 per cent. The Closing Quotations. ‘o-day'a highest, lowest end closing prices @nd npt changes from yesterday's closing price Or trom last recorded sale ere as follows: 5 Net gh, Ld, Chase. Chee, istry Bs gs tbanetsezegtts Heer salliges err pt eerore a ogee Setegas [ttette tata ttt FLEE Pee reee TER SR secF hte SECIse SENSE, oer SS! egbevbrsobeas: Sunere $j FESEES SE, aeE Fre, et wre SILVhSs..' rt OEE ++ ltteeelttetes+ 444411 EBaB! Free eFiectorsrestesesrs esees eesrce ae eSSTEETIFa Sleez = are = Se PEERS See SPEPE cits SRENSRSS s: Eta Fre Fi + +4+x+ = BES Sse ay 3 uy = ere ut+4+ gazes | SHIPPING NEWS. ALMANAC FOR TO-DAY, Wises.. G.14)Gun sets.. €.44/Moon sels.. 1.57 ‘Tue TIDES. High Water, Low Water. CS a ee LOOKING FOR BY A SUBMERGED DERELICT. A LEAK—SHIVERED fn, WY iy , “NO WHEAT DROPS 0 HEAVY SELL Armour’s Expected Corner in the May Option Fading Away and Bulls Join in the Drive to Unload. pores HEAVY CUT IN CHICAGO. A sharp break in wheat occurred on the Produce Exchange to-day, the May option dropping 1 1-2 cents a ‘ushol on heavy selling by tired Jongs, who now believe that the expected cornor in that delivery, which was being engineered by the Armours in Chicago, has been aban- oned. July wheat also declined 3-4 of a cent in sympathy. ' More favorable weather In the West and abroad started the easier tendency in the trading here to-day and the weaker English markets completed the bearish factors, ‘The Chicago market opened a trifle stronger on the effect of the heavy buying by Armour yester. dgy, but soon declined when it was seen no support was offered by that trader. ‘Noting ‘the easier feeing in Chicago, where May wheat declined 3 cents, the local operators proceeded to sell their holdings, causing the nearby options to slump and finally break badly. Ever A. A. Fowler, the most prominent bul leader on the Produce Exchange, dis- posed of a pyramid of 600,000 bushels of the Mey option. Prices rallied’ somewhat after the bi decline, May being quoted at $1 1-2 an Juiy at 76 6-8. Corn held firm in splie of ‘the weakness in wheat. The closing prices were: Wheat—May, 1 1-4; July, 7% 5-8 bid; September, 74° Corn—May, 58 bid; July, 50 $-4; Septem- ber, 49 8-4 bid. —-——. WHEAT FLURRY HAD CHICAGO MEN HUSTLING, decline of 8 1-20, hour, leading long was endea’ orders came into the pit ters, The price dropped go sudd that ma 1-4. a 3-8e. and prices gradually advanced until 7 Was reuched, there beli slon-house demand. leader of the bull see and the pric ut noon roke precipitately, dropping to 75 1-2 of time, price advancing from 75 1-2 to out two min died around 7-8, ket ete clined 1 8 Wed again to July -$, welling off ‘The sudden drop vemted the Armour brokers from ge! any considerable quantity CHICAGO, April 21.—An attempt on ‘the part of the Armour Interests to un- load May wheat to-day resulted in a within less than an At the first intimation fiat the ng to dispose of some of his surplus stock selling om all quer. lenly y brokers were unable to exs- Cute stop-loss ondens until the price had The opening on May was @ shade to higher, at 75 1-2 to 78 B-ée., Sood commis- the pvement started to within @ short space ecovery was equally rapid, how- sand the mac- de 71 1-2, but rale pre: ting DOINGS OF THE FINANCIERS AND TALK OF WALL STREET. While it has been rumored in the “street” for a month that a consolidation of the First National Bank and the Chase National is under contemplation, con- firmation of any such merger is entirely lacking, an@ every one in any way con- nected with the banks in question denies the report. Secretary Satterlee, of the Texas and Pacific road, has just returned from his annual tour of inspection, He is enthusiastic over the highly promising crop| conditions in Texas, Joseph E. Widener has been elected a director of the Union Traction Com- pany to succeed Alexander Balfour, who dled recently, The New York Chapter of the American Institute of Bank Clerks will give a banquet at the Hotel St. Denis Thursday evening. Among those who have de- cided to be present and respond to toasts are: Caldwell Hardy, President of the American Bankers’ Association; Stephen M, Griswold, Presidént of the New York State Bankers’ Association; William Sherer, of the New York Clearing- House Association; Leslie J. Tompkins, Professor of Finance at the New York University Law School; Orion H, Cheney, of -the Garfield National Bank, an Wiliam M. Prendergast, Secretary-Treasurer of the National Association o Credit Men. Negotiations for the purchase of the Jones & Lmughlin Steel Company by the United States Steel Corporation have been temporarily abandoned. The asking price of Jones & Laughlin approximnting $90,000,000, supplemented by thé ¢urther demand that the payment be nearly all dn cash, catleed a halt, (R. R. Govin and J, 8. Auerbach, who are acting as J. Plerpont Morgan’s| agents, are trying to settle the Untoo Traction’s affairs ih Chicago. Efforts will be made to push the Mueller bill through the IMinols Legisiatute. This provides for a forty-year franchise. NEW YORK BROKER IS FOUND DEAD, Charles Nicole, Said to Be a Mining Man, Expires In a Hotel at Houghton, Mich, HOUGHTON, Mich., April 21,—Charles Nicole, a New York broker, was found dead in his bed here to-day, He came to Houghton from New York City in the Interest of the Units Developing Company, po lane BROKER TOWNSEND © * SUES FOR HIS SEAT, Produce Exchange Member Who Was Expelled Seeks Reinstate- ment Through the Courts, George Gordon Battle applied to Hu- preme Court Justice MacLean to-dey for a writ of mandamus compelling the Board of Managers of the Produce Mx- change to, rétnstate William M. ‘own- send as a member of that trading board, from which he was expelled March 41. Mr. Towntend is of the brokerage firm of W. M, Townsend & Brother, On the charge brought by N. R. Schoon- maker that he was accepting business from a firm which he alleged was discretionary pool, Townsend was ex- pell for réinstatement CURB STOCKS FIRMER. American Can Leads Trading in the Ontside Market, Trading on the curb was moderately active and somewhat firmer to-day, with American Can issues the feature, The preferred stock opened at 50 1-2, an advance of 11-2 points, on dealings of 2,000 shares, but reacted to 49 3-4 on heavy profit taking. ‘The common stock sold up to 91-8 on rumors of a tavor- able annual statement to be issued within a week. Northern Securttles In his application 4 actions complained of were on the Stock Exo} no affair of the Produce dn addition, that hearing on Mr, Schoonmaker's charges, that the house named was an improper concern, 0 hgh o declined ane and two cents below the] m4 yater tt drdited te we Uniiea| Decision was reserved. puint at which they had orders to soll, |Meaity Meee Aver oere ateon ! —— The bid and asked prices. o! cipal outside securities to-day w Bid. Ci) al Trust’s Extra Dividend. ‘The Central Trust’ Company has de- ed an extra dividend of twenty per payable May 1 in addition to its tg quarterly ala nd of fit OPPS ‘ et Pa) is equa. Ay ys f +) r o1 YY per cent. ONAN: been paying dividends at the rate i F obnt since January, 1900. Sale of Neckwear. 500 Dozen Stocks and Top Collars, 25 & 506 cach. Silk Top Collars, embroidered in colors, also solid white and black, ¢ A Variety of Styles in ' Persian Lawn Hand-Made Collars, Silk, Persian Lawn, Pique & Linen Stocks, all the newest styles and colors, Lovd & Taylor. Mr. Townsend sets forth that the trans-| 600d EAST RIVER GAS GRAB PASSED. Assemblymen Had Their Votes Changed in Secret After Be- ing Recorded Against Measure (Special to The Evening World.) ALBANY, April 21.—The Assembly to- day passed the Enst River Gas grab. This measure has been amended several times, but it still is declared to give the Hast River Gas Company @ fran- chise to lay mains all over the city. When tho bill was being passed, hair a dofen members went down to the clerk's desk, and, after having loudly voted In tho negative, whispered: “Just change me from the negative to the af- firmative."* ee LONDON STOCKS HIGHER. Americans Share General Favor | aod Sfrong in the Denlings. Americans were strong on the London ‘Stock Exchange to-day, while the tone in the securities markets was generally cheerful. Grand Trunk showed im- provement and South Africans averaged higher. The Argentine boom was un- abated and Rosarios had a further sub- stantial rise. Offigiais of the Bank of England ex- pect a large influx of gold to that In- stitution this week. $10,000 Verdict Against Store. John J. Boston secured a verdict of $10,000 before Justice Gaynor In the Brooklyn Supreme Court to-day against Abraham & Straus, the big department store firm, for injuries he recelved by having a wagon of the defendant fall ‘|upon him while at work in a ditch in Thirteqnth street between Sixth and Seventh avenues, Brooklyn. | Mrs.~ Hughson, of Chicago, ‘whose SULLY MEETS AID OF COTTON BEARS. Bull Leader Absent, but Was Ready to Let Go Holdings When Prices Were Hit. In the absence of Daniel J. Sully, the bull leader, from the Cotton Exchange to-day, the bears mads an attack upon the high prices to which the bull clique had boosted the May and July option, and succeeded in pulling them down 10 points. May declined from 10.21 to 10.10 under the heavy selling by the bear contin- gent, which was favored by the Mberal receipts at Southern ports and clear weather in the cotton belt. The, July delivery dropped 10 points after an early advance of 4 points in- fluenced by the stronger Liverpool market. When Sully left town to talk over his plans with W. J. Reynolds at Providence, he realized what would happen as soon as he quitted . the Exchange floor for a day or two, and accordingly gave orders to his brokers, Stephen M. Weld & Co., to d'spose of the bulk of his holdings in the nearby options whenever it became necessary, as he was satisfied with the profits he had already taken and was golng to at- tempt a new deal in another delivery month, So when the pressure was felt to-day, almost as much cotton ‘was sold for Sully’s account as for that of ‘the’ bears, When nearly 100,000 bales had been disposed of the market railled 601 what, prices of the nearby positions ad- vaneing 5 and 6 points, The later quotations were: April, 10.15; May, 10.14; July, 9.73; August, 9.39; September, 8.78; October, 8.48; Novem- ber, 8.38; December, 8.37. OG letter follows, is another woman in high position who owes her health to the use of Lydia E, Pinkham’s Vegetable Com- pound, “DEAR MRS. PINKHAM: I suffered for eeveral years with general weakness and bearing-down pains, caused by womb trouble, My appetite was fitful, and I would lie awake for hours and could not sleep, until I seemed more weary in the morning than when I retired. After reading, ono of your advertisements I decided to try the merits of Lydia E. Pinkham’s Nesstanio Compound, and I am so glad I did. No one can describe the id me. I took three bottles faithfully, and besides building up my general health it drove all disease and poigon out of my body and made me feel as epry and active as a young girl. Mrs, Pinkham’s medicines aro certainly all they are claimed to be.’—-MRS, M, FE. HUGHSON, 847 East Ohio st., Chicago, Ill. firs. Pinkham Tells How Ordinary Tasks Produce Displacements. Apparently trifling incidents if woman’s daily life frequently produce More than a million women have E, Pinkham’'s Vegetable Compound. displacements of the womb, A slip on the stairs, lifting during menstrua- tion. standing at a counter, running a sewing-machine, or attending to the most ordinary tasks may result in displacement, and a train of serious evils is started, a The first indication of such trouble should be the signal for quick action, Don't let the condition become chronic through neglect or a mistaken idea that you can overcome it by exercise or leaving it alone. i) regained health by the tise-of Lydia itest trouble appears which you do not understand write m ber will show you the rothing, but it may meas life or “T suffered womb trouble, ache, but a few etab! , at Lymn, MMass.. for hi right thing to do. happiness or beth, « Mrs, Lelah Stowell, 177 Wellington St., Kingston, Ont., writes: “DEAR MRS. PINKHAM:—You are indeed a godsend to women, and if they all knew what you could do for them there would be po need of their dragging out miserable lives in agony, advice, and a few timely w This advice peel eo for years with bearing-down pains, nervousness, and excruciating head- bottles of Lydia E. Piakham's Veg. le Compound ‘made life look new and promising to me. Dappy and I do not know what sickness 1s, and I now énjoy the best of health. Lydia B. Pinkbam's Vegetable Com. 1 am ight and pound can always be relied upon to restore health to women who thi its—that 7 jown feeling, weak back, falling and di Be wom, Th ley of the ovaries, and all troubles of if ute} {t is @ sovereign cure for the worst forms of female com- rus or womb, It dissolves and expels tumors from the uterus in the early and checks any tendenoy to cancerous humors, excel B auerons prostration, and tones greatest excell Its record of cures is the in with confidence. — It the entire female een the world and should be relied upon panisaagen, 4 eRALBEND of WORLD. ] purchase. L. ' ‘ TO MOTHERS OF BOYS: ‘ — After the real economy of our boys’ clothing— substantial things at moderate prices, the greatest vA point in our stores’ favor is their convenience. No scurrying from aisle to aisle, from floor to floor, to complete a boy’s wardrobe, Anything your boy wears that isn’t in our boys’ clothing, or hat, or shoe department, is in our boys’ furnishing department; and all are grouped con- veniently together, And all are equally returnable if you don’t like them} ér the boy doesn’t like them, or they don’t do their duty. ‘i LONG TROUSER SUITS — \ SINGLE-BREASTED AND DOUBLE wisn aes Wie $12 to $18.00 | BREASTED WASHABLE VESTS Pency mixtures 7 to 20.00) size 8 to 16 1.75 to 2.50 THREE-PIECE SHORT TROUSER eUITS BOYS’ DRESS SHIRTS 190 to LEO 1 Sizer 10 to 16 : Black goods 9 to 16.00 | BOYS’ NECKWEAR 35 end .50 baer. | 6 to. 14.00) -xreNT LEATHER SHOES — 2.60 to 5.00 pga anue tia BLOUSE SUITS BOYS’ DERBIES 1.90 to ae 8 Black goode 7.80 to 10.50 | SCHOOL, SHOES codtiaht Fancy mixtures 3.50 to 14.00 | SCHOOL CAPS 01S Rocers, Peet & Company, Broad’ a ite Olt be) ond Tina. warren Bu Mz Broad a cor, ate prostety.corema A" way. cor, 324. Gnd G4 Woot S34 Se ® What We Say, You Can Depend, It’s So. GarPpmMansG Formerly Joseph H. Bauland Co. Entire Block Fulton, From Bridge to Duffield St., Brooklyn. Mid. Week - Specials. These items at quoted prices cannot be purchased any other day but to-morrow (Wednesday). Double Trading Stamps Wednesday, the Last Day. Take advantage of this great offer and visit -us to-} morrow, double trading stamps with all purchases—in other words, two stamps instead of one with every 10c. Women's $15.0 Spring Jackets, of tan covert, 20 in, long, fly front, with Spring ty full. blouse, some made cape or epaulettes, 0 Oak Exten- \ sion Table, opens 6 feet, top 42x42, molded rims, five E heavy fluted legs, rations, } ;. Bheets, bleach- fee ¢: Inches wide, pure sa musa “igen full leashed (None C. 0, D), ea } Alo, Ho, White Or Sandie, % in $2.00 Satin Blip pers, gives 2% 9 3%, narrow wide, fine sheet widths, $1.60 and quality, yd. Ay F $2.60 slippers, 35c. pS Pees fhia 3s