The evening world. Newspaper, May 5, 1903, Page 13

ry veer ain in-the in. the: ‘Heedquarters §rapdtarceny and a viola-| wa. The prisoners | Prince, | _THE WORLD: TUESDAY EVENING, MAY 5,- 1903, OF THE BUSINESS WORLD. a, sie emia" ane wo younger ones ; called ween fn the Centre Street | 11 to-day to explain just how thelpiayed on t Finance Company did| teen seen Were taken in ous- Offleces of the con- rn Building, they John J. Be rae gh @ broker, twei No, 491 State street, ‘Was excitement in Wall street Patrol “wagon went clanging @long that thoroughfare and stopped 1n Front of the Schérmerhorn suliuing. , Central Oltice Detectives Clark and Peadody and Post-Oflice Inspector Boyle sprang out) & when the: patrol | eGangte After arresting the drm they niled the p. of the wilh prospectuses and otui several weeks the concern is siit have been soa ee ate itpele. as wan sald to 0 val zi DlvegFound county pany wile df a, nounced for ‘and, See Ne) e directorate of. con ny. at sant oun lice tha told the that the i exist an Were held I were hel Tnation on Thursday, ing sir ritish ‘consui-General in Out letters ‘she fiscal agent of ¥, Limited, which | mines of ta ot stock in according id, , contained hig! Fey Bundy New men did not company fn the Cent Sergi. McCot ndui name. __ SUING A BANK FOR DAMAGES. Checks “Not Suf- Although Balance Was Ample to Meet Them. The question of whether a bank Is Mable for the mistakem of its bookkeep- ers is involved tn a mitit for $25.00) dam- ages begun to-day behalf of the Novelty [Silas to Mr. Marks por the bank und ders it Hable in dam: ee served to-day uj was somewhat firme The wd ‘derdan, Moriarty” . That the cozy hheauty as well as a shown at Jordan, Mot} in East Twenty-third third floor a moat Moorish, ‘Aperies, lamps and - Seni whien Biutes Btect bs sold at. and asked ‘prices Of the prin- | cipal outside securitlanyte to-day y at Jacob Marks | ting Company, of Nos. 70,to 74 West Houston street, Against the State Bank. that sever: each upon th nted da,"" wheres, lenty of money in the bank. inK's bookkeey it the neglect « Mstances rer summor ‘Vioe-Preside: CURB MARKET QUIET. forthern Seenritien, Greene Cop- Vance in the metal In London, and} per and Other Shaves Advance. States Steel rose 3-8 on the re-| Panlet b | port that the corporation has more busi- ue Bush Sore wae qu vs ut firmer |ness on hand than it can attend to. day. with a good mn for * rn Securities, which advanced aimost RU eANe CoOPES Cream Bete aa The ng Quotationn. “ Mer divider | Tosdaye highest, lowest and closing prices and Gn the "praterred, waitin Ar negae Uhacges from yesterdays closing. price or batt sometimes & Co.'s 81 eet. On Ic display lapanes: leminin ue: ry to. ovhave filed this season td pve! features, Veathers were the hundred bed British African | ER ins busi, an. ‘ney in $300 ball each for exam- al were returned them coy eve h display of ACTIVE STOCKS CO UP IN PRICE Gains Were Made in the Early Trading and Held Until the Close of the Stock Ex- change. .| ADVANCE IN METROPOLITAN. Gates and Others Heavy Buyers of Reading on the Reiterated Report that a Dividend of Four Per Cent. Will Be Paid on Common Stock. Stocks were higher Ist to-day, throughout the and more activity was dis- he Stock Exchange than has for many weeks. Active stocks ail mude arly gains and held them to the close, showing but few recessions during tho Inte trading Fractional advances ranged from 6-8 to 7-8. The factor which exerted a strong in- |iwace over the |afternoon’s dealings was the belief in banking circles that there would be no gold exports for at ;|least a week as the rate of aterling has N-| declined so materially that such ship- ents would ‘be \unprofitable, Call money dropped to the low point of 2 psr cent. and the Government report pub- Ushed to-day showed that Winter wheat Was little damaged by the late fronts. Reading was heavily bought by Harte, & Co, P. UW. Hissell, Fahenstock yj Co, W. B. Oliver and Smith & Oli- phant on the reiterated report that the common stock wi!l pay a dividend of 4 per cent. in Augast and the remarkable Increases in the varnings for the past month, which will make a net gain for the year instead of @ loss, as was an- | tielpatea. Absorption of Mexican Nationa! com- mon by Stowe & Co. and other crokers conected with the pool in the stock continued and gains of 3-4 were made on the further advance in the price of bar | silver abroad, St. Paul acted well, advancing a point an continued buying by the Standard O1 crowd = he | International Paper developed a great deal of strength and advanced over 3 Mtay | POlnts on buying by traders who have n-|learned from the management of tho company that a number of the contracts |made at low prices have expired and that the renewals will be made on much more favorable terms, Bond dealings were email and at un- changed prices. Metropolitan Street Railway advanced on the report of the District-Attor- ney's expert accountant, which declares the Amory charges of mismanagement and defalcation te be without founda- tlon. Brooklyn Rapid Transit was 1-4 higher on the belief that the Pennaylva- nia Road is contempiating the purchase of the company. Manhatan was ateo stronger in pathy with the rise in Metropolitan, in Erle issues were strong on heavy buy. ing by London specula ‘+. who hope that the arrival of J. P. Morgan will bring about tangible results in the ad- vance In'the dividend rate of the first preferred. ‘The common advanced 1-3, C while the first preferred gained 5-3 and S: | the second preferred sold up 1-2, Canadian Pacific advanced nearly point on the confirmation of the new that the road has Just’ completed the; purchase of the Calgary and Northwest Railroad for $6,000,000. 18 Mt two points on buying by the pool in this stock. Amalgamated Copper was 1-2 higher on| last recorded sale are as followe Hien 6 Low, Last.change Amal 4% aror ee Ferry ++ United States Leather sold up nearly |‘ DLYPHANT WILL LEAVE D. AND f. ‘Announces that He Is to Retire from Presidency of the Road at the Annual Meeting on May 12, WILLCOX TO SUCCEED HIM. Officials Assert that There | Foundation for the Report that There In to Be a Contest to Get Control, President Robert M. Olyphant. of + Delaware and Hudson Railroad formed the Board of Managers of tho company to-day that it was his desire to retire from the pos’ on the date of the ar fon of president ual meeting, to Mr. Olyphant has been executive head of the Delaware and Hudson for nin teen years, and the day he resigns will complete the elghtieth year of the ex- istence of the company, whica was originally the Delaware and Hudson Canal Company. The management of the company jr there js no foundation for the report of a contest for the control of the rat} road, W. B. Oliver and Jacob Field were the most conapicuous beers of the stock to-day, which advanced an ad- ditional point and a quarter in the early dealings on the Stock Exchange. though he gain was lost on heavy profit taking. It is generally predicted that the price will touch 200 before the end of the month. NEW HGH LEVEL FOR MAY COTTON |Short, Interests Are Now Thor- oughly Frightened Over the Possibility of a Further Squeeze in This Delivery. SULLY KEEPS CLOSE WATCH. prices. reached a new high when May option ad- vanced on heavy buying by the now thoroughly frightened shorts, who are hervous over the possibility of a further squeeze In this delivery. The remaining nearby positions also advanced in jumps of 3 and 4 points in sympathy with May, until gains of from 9 to 10 points were recorded. Sully, the bull leader, stood near the pit on the floor of the Exchange and watched his orokers, who sold only in small amounts to prevent the price from breaking badly. Several members of the bull clique adopted similar tac- ties, and though more than 200,000 bales were thrown upon the market during the first hour of the trading, the cotton was quickly bought in by the short in- tercets, whthout materially weakening he prices of any of the options. The higher Liverpool market favored the bulls on the local Exdhange in thelr operations. and the small receipts at the South aelped to make the squeez even mot fective. The bears feel that unless they are aided by large shipments from abroad within the coming wee! they will be foreed to make good their deliveries by buying spot cotton, which Ja now relling perilously near 11 cents a pound. May touched 10.68; July, 10.0; August, 9,70; October, November, 8.66, and December, 8.47 in’ the morning trading. As the’ trading of the afternoon. progressed the May option gained an- other point. registering, the new high ord of 10.67, while the July option ched 10.03." The remainder of the T-by deliveries continued at the high prices scored during the early trading: The unfavorable crop report from the Western cotton belt, which was pub- lished late In the afternoon, caused a fise of another point, in the price of Cotton level to-day = Sep- december, — feecre ot}. i | | | | Py re a N furniture, |! a % In the debate preceding vote Al- derman March (Rep,) declared that he | | had ‘been offered a bride to yo \the franchise, No further | wns made tious of drier: * NEW TELEPHONE | co. GIVEN A FRANCHISE. Ordinance Passed Over Mayor's Veto, and One of the Aldermen Talks of Offer to Bribe Him, NEW BRUNSWICK The Common Council In the ordinance giving a 1 New edraey 7 over the Mayor's veto by a vote of 7 to 5 H 18 | | FLETCHER H. BANGS FAILS. Fifth Ayenue Book Auctioneer Maken Analgnment, Fletcher H. Bangs, who carried on business under the name of Bangs &! Co, book auctioneers, at No. % Fitth avenue, to-day filed an assignment for the benefit of creditors to Barstow Drake-Smith. strong & Cudwalader, street, are the ‘attorneys for the as. or. s te Mr. sein Is No, be held May 12. It is belleved that he Will be succeeded by the present. vice- | President and general couree David Willcox. very anxious to have it understood that | | 5 f No. 40 Wall they. ‘aia not that Stern Brothers will offer to-morrow, a large collection of Imported Hosiery At Special Prices Women's Fast Black Ingrain Cotton and Plain or Ribbed Ingrain Lisle Thread Hose, Value 40c pair. Women’s Extra Quality Fast Black Plain Gauze Lisle or All-over Lace Work, Lisle Thread Hose, Value 45c pair. Women's Extra Fine Fast Black Lisle Thread Hose, with emb’d fronts, lace insteps or lace work full length, | Value 60c pair Men’s Extra Quality Cotton or Lisle Thread Fancy Half Hose, fast black grounds, emb’d in colors, Value 50c pair. 25¢ 28° 39¢ 30° or Unusual Values To-morrow in Women’s Oxford Ties | 500 Pairs with Welt or Turn Soles, | | in Kid and Patent Leather, | First Floor, Annex. High-grade Silver-plated Ware | Choice patterns of Tableware in fine quality plate, bright and grey finish. / Prices are Y 2 to 44 Below Regular Values BERRY SETS, glass lined, Bowls, $2.50, 2.95 Sugars and Creamers, each, $1.95. BREAD TRAYS, $1.65, 1.95 FRUIT BOWLS, $2.50, 2.65 WATER KETTLES, $6.00 WATER PITCHERS, $2.95 TRAYS and WAITERS, 6 to 19 inches, | | |TEASETS, $6.00, 11.50, 14.50 SOUP TUREENS, $3.75, 4.95, 6.00 | CRUMB TRAYS | |and KNIVES, SYRUP PITCHERS | |and Plates, $1.50, 2.25, 2.75 | | BUTTER DISHES, $1.50, 2.25, 2.75 COFFEE SET: $4.25, 6.00 BAKING DISHES, 3.50, 5.50 First Floor, Annex West Twenty-third Street $1.95, 2.25, 4.00 65c to $5.75) SMALL TALK ABOUT WHAT BIG BROKERS ARE DOING. Russell H, Landale has been elected a director of the Consolidated Rubber ‘Vire Company, to succeed Samuel W. Ehric Cooper Proctor and Morris White have been chosen memUers of the Board of Directors of the Cincinnati Gas and Electric Company, to succeed M. E. Ingalls and George Bullock, who have resigned, Senator William A, Clark and E. H. Harriman will meet in Los Angeles with- in a week to conclude the purchase of a section of the Oregon Short Line. Many well-informed bankers in Wall street believe that the Mexican Govern- ment is considering the advisability of a gold loan of about $25,000,000 for its pub- lic works, and also a loan to facilitate the establishment of a stable currency. Senof Limantour, Mexlean Minister of Finance, 1s sald to have already had sev- eral important conferences with New York bankers on this subject. ©. 11. Holdridge, formerly general agent of the Savannah Steamship line in Now York, was to-day appointed general agent of the Pacific Coast Steamship Company and general freight agent of the Columbia and Puget Sound Railroad, with headquarters at Seattle, Washington, The A. Booth Company has declared {ts regular yearly dividend of 8 per cent. on the preferred and 3 per cent, on the common stocks, Francis B, Reeves and Richard Y. Cook have been added to the directorate of the Philadelphia Belt Line Ratlroad. It is reported that the Southern Pacific management ts thinking seriously applying for the appointment of s receiver for the San Antonio & Aransas P: Railway Company !n case the Railvoad Commission should instruct the Attor- ney-General to bring sult for the forfe!ture of the company's charter. It {s pointed out that by taking this action the present interests could continue to practically control the company. ‘Presiden Ramsey, of the Wabash Raliroad, announces that all work of im- Provements on the Ine excep! what is adsoluteiy necessary has been postponed on account of the high price of materials and labor, CREDITORS AFTER THE ABBEY PRESS : A Much Reincorporated Fifth Avenue Concern Made the Target for Judgments and Sheriff's Writ. 5 ————_____ $40,000. None of the officers could be found at No. 14 Fifth avenue to-day. it as sald there that Rey. Carlos Martyn a8 out of town ill, and had been ‘or two months. ‘The elevator man said that Rev. Carlos Martyn was in his of- fice all day Saturday. The Rev. Carlos years old. Mart t ant arty ia about He was born in. this and was educated for the ministry, graduating. from Union hem omicai Seminary in 1899. In that year ne be- came ‘pastor of the Pilgrim Congregas tionat Church, in St. Louls, remaining there unt! 1878, when he took charge of the ‘Thirty-fourth Street Reformed Church, in this city, He remained there for seven years, when he assumed the pastorate the Bloomingdale ke- formed Caurch, where he remained five years, Then he took up Mterary work, achieving | a wide reputation as an author and essayist. In 18% he went to Newark as pastor’ of the First Re. formed Church, and from there he went oe to Chicago to take charge of the Sixth Presbyterian Church, Creditors are falling all over ench| While in Ot. 1a is he married the other In an effort to get judgments | daughter of Col. Charles H. Jones, the Raatiats (Her Aohereiteae editor, and some years aj to Consolidated, of No, U4 Fifth avenue, of which Rey Carlos Martyn 1s president. Deputy | Sheriff Plunkett has a writ of exec tlon against the concern on a judgment this city asthe represen of the Lauls newspaper of which Col. Jones had charac. His wite secured ative from him and he then married the co- respondent. the daughter of a Southern Congressman, for $1.44. Numerous firms have ob- en tained or are seeking to obtain judg- tained LONDON MARKET STRONG, The Abbey Press has had a complh LONDON, May 6.—Yesterday’ - cated career. It was incorporated in| provement was Satdtninee in retant es New Jersey in May, 1902, with a capital i market to-day, with Americans stron, of $1,000.00, Three months later itl and fairly active. On was incorporated under the lawe of} ports Canadian Rail: this State, with a” capital stock of | Played strength and activity. $10,000; "and procacdea) co Guy |Fieans ‘were stead white Rio "Tintos at @ out the | were advanced 3- concern, Later on the ee 88, consolidated with a cap- Of $300,040. ght out the corporation. Rey. carlos M Rideal and Frank R. 8 1 the Boi ard of Directors New Jersey P: Ms All the markets declined moderately nder selling pressure, with the crowd n bes fue to fine weather and ‘The market at Minneap ed the selling. A little foreigi the Abbey Press is a concern | (agen wheat was evident. | Crop much publishers, Dooksellers. IM; \quilness, Atter the initial tradi in Gondon, Paris, Met spackat siowly followed a rally of purne and Montreal, The puolications | ew yo Isnued by the cornoration are Literary | waree Whente May ia sal penn k Times and the September oolbooks, ee 5 9.30 Seagles | of all of prding toa sgn on the door of cnt rices TS Pe to tb 18 bid. "corn—stay, iA: Mf. opening | prices iy; 72 Sto TT a ate of the concern orl through the pure matyrial from dry-goods houses, albly to be made Into ¢ Gorn ods people donot | 438 know whether, the gouvenita were made not. but they are. convinced that et pald for the goods, and ‘The it under Nwitol hema int ‘a tor a inated jase of osten: uvenira for cus+ er ‘hica, tombe July, 41-2 to 443-5; Ma i Meptember, #410 441-8, New closing _ prices Whett— tay iets aie July, te | er Rothenberg <o. New York's Fastest 14.74 ST. jection ntée oF Busiest May Days We Ever Knew. We Are Offering Absolutely Unmatchable Values. And there are plenty of them! Every trip you make to this store means money-saving to you, no matter hat you Every member of our energetic organization is enthusiastic over the rapid strides that the business is making. Every possible effort is made to show still greater advancement. That's why -you continually tind better values—and more of them—on our counters. $14. 50 Fancy Tailor-made Suits at $8.98. All-woo! Venetian, collarless blouse, with double shoulder capes piped with taffeta; heavy stitched taffeta straps down front and round necks front trimmed with small buttons ; postilion back and large puff sleeves piped to match, faring skirt with train effect made over good mercerized Ch colors blue, black, castor and gray; value $14.50. Silk Monte Garlos for Women and Pure Silk Taffeta Monte Carlo Box Coats for Women, 26 inches long. Collarless model, long stole {rent; large puff cuffs; shoulder cape. Entire garment handsomely wuned with silk braid: neck cnd stole trimmed with antique lace and two silk ornaments; sizes 32 to 44; $6.50 value; special, at... Girls’ Silk Monte Carlos, three-cuarter length; full circular cape, handsomely trimmed with 1-inch fancy sik bratd snd lace medallions; all seams trimmed with fancy stitching; lance severse puff «1 ff trimmed to match; Hned throughout and ticked with six large pearl Luttcns; sizes 6 to 4 years; spccialat......... 0.00 3.5 8 $2 Handsome White Waists at $1.29. Made from very fire lawn, yoke of fine lace and embroidery, pleated front, 1 29 very full bicuse trimmed with embroidery, pleated back, pleated sleeve Knit Underwear and Hosiery Bargains. and cuff and fancy tab steck; good value at $2.00; sold to-morrow at erora. Seanosoo Women’s Low Neck Riche- Children’s Fast Black Fine Ribbed Cotton Neu Ribbed Vests, with silk Hose, double knee, pice sole, heel and toe; oe tape in neck and sleeve; iC quality at..... 06 seeeee c aped Ribbed Vests, in extra large sizes, tir value, for taped ‘neck aod armhol value, at.. Niomenis Ribbed Cotton Umbrella Pants, in regular and extra large sizes, trimmed with washable lace; regular 25c 39c. Brilliantine, 25c. A large special lot of 38-in. high lus- tre Brilliantine, in Royal Blue, Navy Blue and Black; pearl avd medium gray, tanand brown; worth 39c. per yd.; on special tables to-morrow at Great Values in Siths. 19-in. Impcrted Linen Color Tussah Silk, small, neat designs: also 24-in. Plain Surah S!!k. in light blue, gray, turquoise blue, reseda, green, old rose, nile green, pink, royal and navy blue, 49c. values, at 24-In. Black Oriental Waterproof Habutai, fast black, also perspiration proof; worth 59c., here...... 9c ize Women’s Fast Blazk Stockings, lace li: [eee black, black with unbleached feet, spliced eel and toe; special..ces Special at. cccccccsecceccccceccsceve beautiful sheer fabrics, suitable for waists, 36-inch Covert Cloth, in gray faba tan mixtures, * Re Striped Dress Ginghams, in 25 different Sealey, ee ‘Women’s Fast B'ack Gauze Lace Lisle Ho. Wash & White Goods ° women’s and children’s dresses; regularly value 1&c., per yard, at 10c. quality, per yar ravesesiees as hom 12% extra wide and extra long; spliced heel and t White Lace and Satin Striped Lawns, 1 0 15c., special per yard oy Cc Fine White Mercerized Madras, per yard ........ $0¢ Linings. Highly [Mer-erized Black Beetled Percalines, 19¢. quality; special, per yard ..:... Boys’ Handsome $2 Suits at 98c¢ Double-Breasted and Sailor Blouse Styles. 25 patterns in 2-pfece suits, in excellent cheviot fabrics and a’great variety of dtd) strongly made with wide facings; sizes from 7 to 15. The Sailor Blouses are of cheviot: 98 and cassimeres in shades of GRAY, BLUE and various ATTRACTIVE MIX: D 125c ys x TURES; 15 styles inall; elegantly made and trimmed with various colored silk braid and soutache; large embroid:red detachable shield. Sizes are from 3 to 8 years. To-morrow, while they last, the best value we ever offered at Boys’ 25c. Blouse Watsts, 124. Fast color percale, in 20 neat patterns, very nicely made, with small round collars, “hold-fast” buttons, limit'2 to a customer; sizes 4 to 12, at. JAMES McGREERY & CO. Ladies’ Pajamas, 2nd floor Made of Madras, Sateen, Percale, China Silk Pon- ° gee and a variety of nov- elty fabrics, Ladies’ Pajamas, miade of white or striped Madra _ 95 per pair value 1.50 to 2,25 JAMES McCREERY & CO. | Ladies’ Hosiery. JAMES McGREERY & CO. Ladies’ Coats. Fine and sheer Lisle Thread Stockings. Designs in- clude lace ankle, all over lace or drop stitch weave with white or colored, silk embroidered, insteps 35c. per pair. Pure, spun silk Stockings, plain or drop stitch Tan Covert Cloth Jackets, Strapped seam design. Lined with taffetas silk. 10.50 Blouse Skirt Coats, made of black taffetas or peau de soie, Lined with white silk, i weave, with double heels, 16.50 Flannel and Albatross toes and soles. Black. {Black Voile,.three quarter] under-petticoats, ~ trim- TOO; PEE pair. length, pleated Coats. med with torchon or fine Value 1.50, 30.00 laces, 1.50 ‘Twenty-third Street value 2.50 TO STUDY OUR WATERWAYS. Members of Congressional Com- mittee on Rivers and Harbors Make Tour of Inspection as Guests of Citizens. Twenty-third Street Twenty-third Street, ee s boats and came down through the Har- lem River. The official party was on the steamboat Fulton Market. Commis- sioner Hawkes bad charge of the city officials on the tender Manhattan. The Jaunch Bronx was in attendance for e: cursions into the small bays and cree! The boats were decorated with flags and the coats of anms of the States from which the various Congressmen hall. As the party proceeded on their way, they were greeted with three salutes of seventer guns, One was fired at Kingebridge by the Second Battery, N. G. N. ¥.; one at Fort George by the Fi Battery, N. G. N. ¥., and one at Willetts Point by the U. A. garrison When You Want Facts Consult the _ World For the purpose of familiarizing them- selves with the waters around New York and to see what improyements in shipping facilities are necessary mem- bers of the Committee on Rivers and Harbors of the House of Representa- tlyes started to-day on a tour of the city’s waterways, They are the guests of the Joint Citizens’ Committee of the Riahistnts New York Congressional MAKING A ROAD OF IT. The Long Island Raliroad Company has had @ number of powerful pagsen- Almanac and Encyclopedia. Locomotive a Works in Philadelphia, and ‘they, will soon be added to the equip-| bagel clty officials are parsye which Hotel anid 4 tis