The evening world. Newspaper, May 6, 1903, Page 9

PLN ONT LE LEN STH ENT PPO TMS TPE RH PMA TPES PENT PRED AIT IE NETRA I ITT TT Ee TT ‘HE WORLD? WEDNESDAY EVENING, MAY 6, {90% ALL THE LATEST NEWS OF THE BUSINESS WORL STOCKS HELD IN [SEEK TRANSFERS BROAD MARKET en L MANDAMUS Railways ‘Led the List in Activ-| West Side Committee Asks Su- ity and All the Issues, with | the Exception of National Lead, Shared Favor. ‘GAINED UNTIL THE CLOSE. All the gotive stocks, with the ex- ception of Natlonal Lead, remained firm in the market to-day, early gains peing aded to during the afternon. The volume of trading eased off In some of ‘the issues, but the railways were more ‘active than for a month, although deal- ings were largely professional, Trading for London account was Insignificant, only 2,500 shares being sold on balance, but the general sentiment continued cheerful, with the possibility of gold exports entirely: forgotten. ‘W. FB. Laner and G. C. Miller were the most prominent purchasers of Union Pacific, which has shown such fn extraordinary increase in its eayn- ing capacity, and an advance was rec- orded on the more favorable reports from the winter wheat districts, Despite the repeated denials of the officers of the Rock Island and ‘Frisco roads that there are any renewed ne- gotiations pending looking toward a merger of the properties, it was quite evident that the strength in both se- curities was due to the belief that a traffic agreement of some importance tas ben made, giving Rock Ieland an entry into St. Louls, and the specialists in the stocks anxiously awaited any news on the deal. Gains were made during the late dealings. ‘The weakness in National Lead was ue to the report that the consolidation of the lead interests was indefinitely postponed. The stock declined 3 points. ‘The Lewisohn interests bought heavily ot Amalgamated Copper, which was pushed up on the advance in the metal ‘and Copper stocks abroad. Canadien Pacific again showed fair gains on the confirmed report that the oad has completed the purchase of the ¢ any and lorthwestecn Railroad for ‘The firm tone in Brook Rapid ‘Transit was directly due to the talk of ree incr in the March fone and equally good prospects for Fil. 1d brokers were heavy purchasers of Sissons’ Pacific and ‘St. Paul, which id : fies in Gross for the month of April. Metropolitan rose_on the news th the ge Lirsaten Le Securities Compal had made its call for % per cent. of 1 capital on the stockholders, thus assur- ing its guarantee to the Metropolitan Street Rallway Company. ‘The Mexican issues were strong on eontinued buying by Stowe & Co. and other members of the pool on the heavy increases in gross earnings during the past six months and the further ad- Vance in the price of bar silver In Lon- don to-day. By far the most prominent trader rng the afternoon session was W. B. liver, who bought dndiscriminately /of all the high-priced issues, causing them fo advance fractionally. ' The Western erowd was also conspicuous in helping the advance in Louisvilia and Nash: ville and Tulnols Central, which stocks @ained over a int each on reports Of an increase in the dividends and the Jarge increases in the net earnings dur- ing the past month. Great Western showed considerable strength based upon good earnings and rose 1 1-2 per cent. without the usual rumors of absorption ‘by some larger interest, There was also a god inquiry for the 'B’ bonds, ‘The inquiry for the generally inactive stocks such as Pere Marquette was es- eclally noticeable as indicating the Broader “character “of the market Though there was no special news in this particular security, {t advanced nearly a point on the supposition that this road aso wil be included in the Rock Island-'Frisco deal whenever it @omes to pass. American Smelting and — Refining ined 1 point on the purchase by the vernment of over $3,000,000 of silver for coinage in the Philippines. Other large future contracts also helped to retain the early gains. (Bonds were in better demand. espe- clally the standard {ysues which pet bout 4 per cent., but the improvements faValues were merely fractional, The Closing Quotations, Te-day's highest, lowest and closing prices and net changes from yesterday's closing @r from last recorded male are as followa: Net High, Low. Clos.changes. + 1% GIN Ge + OM pkiyn Rapid T Canadian Pacifle SES. PSFSRE ESEE Seeeeeettet | tit ++ lt+et+ e eeERE ————= The Wheat Market, ‘Wheat had a rather small opening to- showing little change, partly because of the unsatisfactory cables from England and a_ lessening di news from the Southwest. Sab A. dhs opening rt 80 A. M., opening prices 821-2; Suly, 77 5- did. Corn— 50 3-4. ng. Prices were: Ys to 77 3-4; September, ; Wheat 4-43 Sop- Corn—May, September, 44 1-4 to mer, 75 1-2. 511-4 bid; September, Flos were ber, 70 te red July, 446-8; preme Court for Order Pend- ing Street Railway Company’s Appeal from Recent Decision. ‘ IN INTEREST OF THE PUBLIC. ‘The fight instituted by the West Side Committee of One Hundred to compel Interurban Street pany to Jasue transfers at all poin intersection of roads in this city Ratway Com- f Distriot Municipal Court to the Supreme Court toxlay when James 8. Lehmater, Chair- Committee, asked Justice O'Gorman to issue a per- emptory writ of mandamus to compel the railway company to issue the trans- Justice Worcester, in the Munteipal Court, declded in Lehmater’s favor in four sults brought against the railroad to collect penalties of $0 in each case where transfers had been refused. ‘The company at once appealed to the Ap- pellate Term of the Supreme Court, and former Supreme Court Justice Charles ¥. Brown, who represented the Inter- urban Raibway Company, characterized the application for a mandamus as dis- courteous to the court while the appeal . He that should a mandamus would be necessary for the Supreme Court to carry on the business of the railway that the order of tl carried out could only be assured by having a court officer on every car to see that the transfers were dul Jullus Henry Cohen and Fi Whitney appeared for the west siders, Former Justice Charles F. Brown and Interurban Rail Sorapany, “Boks er wa ‘ompany, After the interests of the corporation. | ‘Counsel said Mr. Lel applica. ‘tion was made in the interest of the | specu! fers were granted at other points, and there was no reason y, as @ return court had been Ny issued, wi ard B. @ corporation. jer’ 3 at One Hi and Twenty-fifth street and Eighth avenue, and the other points where they were now refused, Decision was reserved. 8 May. 4,10. 1-2 to 70 8-4, Ait ; 441-8; COES 10 EUROPE Famous Chicago Plunger Sails with Mrs. ‘Gates on the White Star Liner Oceanic for a Long Rest. STATEROOM FULL OF ROSES. In a stateroom which was a bower 6f rosea sent by friends, including Charles M. Schwab, President of the Steel Trust, John W. Gates and Mrs. Gates sailed for Europe on the White Star liner Oceante to-day. Accompanying Mr. Gates to the pler were hia son, Charles G, Gates, and his wife, Mrs. C, H. Gurney and F. B. Elder, of St. Louls, The party came trom the Waldorf in the automobile of Charles G. Gates. after a merry hand- shaking with the speculator by a crowd of brokers who called to say good-by. It ts the intention of Mr. Gates to re- main abroad until the fall. He carried with Fim a chauffeur who has been in his employ and a big racing machine eultable for touring is ready foryhim on the other aide. In it Mr. and Mrs, Gates will tour France and Germany. After this Mr. Gates will go either to Carlsbad or Kissengen, He has not yet decided and it will depend largely upon his tour as to his decision in this ro- spect. ‘Asked if he feared any move against any of the big industrial properties such as was made against the Northern Pa- cific merger, he sald: “I do not think so. Jt would have a depressing effect upon legitimate secur- ities, What I do believe is that there will bo an extra snasion of Congress for the purpose of passing nece: ix= jation providing. for the expansion of the currency. “Although Iam out of the market, atively, I still own @ great { many railroad and industrial stooks and bonds. ‘There is no damage to the spring or winter wheat crop, and I expect to see rices higher for seaurities when I re- in you are a bull?” A eat 5 was the feply. In addition to the floral plece sent Nixon, John Lambert and John shape for the winter's work at home. CURB TRADING QUIET. ‘The bid and asked prices, of the. prin- cipal outside securities to-day f Bid, Askvod. zB a Be U. 8. Steel fives 84% §, Central Foundry preferred . 1B 4 JOHN W. CATES COTTON ACAIN Another New High Record for iCROP IS FALLING BEHIND. can and European mills and the urgent need of the shorts in the cotton market to-day forced the price of the May op- tion up another 9 points to 10.7—a new high record, {u thelr flight upward by the firmer Liverpool markot, unfavorable Govern- Gent reports from the western portion cotton belt and news of s dumaged crops abroad. Se i England spinners who are operating tie corner in the May delivery ted out small lots to the frantic bears and shorta, who are now quite desperate over the shorten the main line from New Y brospect of being caught or buying spot cotton at Il cel 9uly Bi ber, 8.64; December, 8.64. by Mr. Schwab there were flowers from Dr. M. R. Ward, Arthur J. S:nger, aot Drake. Mr. Gates appeared in better health than he has for the past few weeks. He expects the trip abroad to put him in Northern gecurtties + 98K 4 Gans ic 4% 45% 7 82 102 GOES KING. May and Shorts Quite Des- perate Over Tactics of Sully in Working Corner. The uneetisfied demands of the Ameri- July and August followed suit, aided ually at their head, the New © crop is now estimated at 10,630,945 vhereas the shorts have been ex- a total of 13,000,000. Even the receipts at the Southern ports have not been as large as they usually are ‘at this time of the year, | on he late po: Were about un-| changed on the strength of the im-! Proved Weather reports to-day, which indicate rains in the portions which have been most damaged by drought. | ‘The quotations for all the deliveries in; the early market dealing: to eo: May, + July, 10.05; Septem ‘Oetou Oh renewed attempts by tie short in- | terests to cover the May option soared | to 10.75, while July followed closely, | touching 10. The remainder of the list of deliveries remained at the open- ing prices. ‘The Governors of the Exchange, after a@ conference, offictally declared the! price 10.7. ‘The final figures of the day were: May, 10.77; July, 10.08; August, 9.71; Sep- teniter, 9.00; October, 8.00; 86 Ana Dtcomivar, 8.62 November, total transactions were about The 400,000 bates. Telephone Directory For the Summer months Goes to press May (0th. It will contain 170,000 names. To secure listing In this tseue, contracts for service must be mado before the 10th of May. WALL STREET GOSSIP AND DOINGS OF FINANCIERS. a Becrotary of the Treasury Shaw says he is more than sa ress of the bond refunding operations, as We tulad offere ‘over $00,000,000 J. Plorpont Morgan was elected a director of the New York, Chicago & St, Louie Railroad to-day at t 18. &. Willlamgon, decesse and Col J chosen to succeed Charles Mf FE. H. Harriman fs inapecting the Califo Intention of connecting the road with the postal strip of Northern California, George O. Gordon, agent of the London & River Plate Tank in thin otty shipped $5,000 In gold on the steamer Sailor Prince to Buenos Ayres to-day President Robinson and several out- yoad were In Boston to-day attending th will not Ue ready for a few days, owing to t plete the work President A. J. Carsatt ference with Robert Piten © the company The Kanawha & Michigan and Toledo & Ohio Central show increases of 31 per cent. in their April gross earnings President Baer, of the Reading Railroad, and the chief engineer of the road have inepected the proposed cut off from Phi rk to to attract purchasers. be a reason. Low Rates. Efficient Service. New York Telephone Co. prices | BRS Fre TO ROONE Teena eee With skill the Petti-Johnnys run their mill. Each Pettijohn flake contains an entire grain of Petti- john wheat. All the natural build- ing material for the body, all the brain force, nerve supply, health- flaked Te IRE Renee RE Sa Tae erties that nature put in the grain are, through exclusive and original processes, retained in these flakes, You get all this nourishment in Pettijohns | Breakfast food | Cooked in your own*home, Easily home-cooked. A Cereta coupon in every package. There is! You*may fool all of the people some of the time, And some of the people all of the time, But you can’t fool all the people all the time. A DOUBLE PURPOSE Our Men's Stor \IN THIS MAY SALE. Ample floor space. Magnifice shops on the premises for ell a ‘erati nnnuol mer tingge focldnniders to. su id, who resigned re: a & Northwestern Rallroid with the ‘Aumbia Southern and deve failure of the printers to com- ennsyivania Ralirond His resident H. MoCrea, to aottle sdme real cetate diMcultics which have been confronting the was to-day in coh- holtenham to Provore. elphia by a litte ov _ACITY IN ITSELF OPER 18"819"STS, vay 7 Qvens Co-morrow Worning. = : Wei! THOUT deviation, our Clothing Stores have placed before you BONA-FIDE VALUES, without exaggerations, misleading quotations, puny com- parisons or fictitious valuations. Purc! in every instance receive MORE than they expect. Hence SIXTH AVE. jue ese y BO class of merchandise is so persistently advertised as clothing. Every imaginable excuse is advanced Clothiers of high repute for want of better arguments publish “funny stories” and ‘“‘cartoons;” others (considered good merchants ) have a continuous performance of “‘Underpriced” clothing. Still others offer clothing at “Half Price” or less. And yet with all these efforts the majority of these firms complain of dull business! Strange, is it not 2 What is the cause? There must DOLLARS in fey and faney asd ris! lomesput i Tweed “Cravenette” Cans . ee Garments | D. \imeomnnin's Gure- | Insomnia is generally caused by | the overworked digestive organs trying to digest food at night which they should have done jduring the dey A ddse of Beecham’s Pills will Soothe the Stomach by assisting the organs to do their work and enable you to obtain | Yourstomach doesnot nourish you . with the food you take if it is not work- ing right. You sometimes need the gentle assistance of Beecham's Pillstohelp nature. If you would sleep well, work well and be well, take an occasional dose of BEECHAM’S PILLS If you don't know their reputation throughout the world, ask your friends. Sold Everywhere tn Boxes, 10c. and 2Bc. G Nature's Restorer—perfect sleep. | WARD’S T-RI-G-O-N “Appearance is everything.” Your shoes go to make up your appearance, © T-R-I-G-O-N shoes help. Different. from your other shoes. Step in and our clerks will gladly show you where the superiority is. Our Button Oxford (Patent Colt) may _be worn on all occasions. The $3.45. Style—Goodness. John Ward Co, : 18 Nassau Cortlandt st. 307 Broad los °Brondwag Asthma, Bronchitis, Catarth, Deafness, Free Examination Datly 10 to 7; Sundays, 11 to3 119 W. 22a St, Store, NE. Sale of Utmost Import —Good business at all times. Attracts Them All. their regular trade. Our Purchasing Power |as well as design. Every good quality of Black Thibet and y Seer $] 4.00 Manufacturers have been seriously disappointed during April. Instead of re-orders came cancellations. Their early stocks were delivered at a GOOD ROUND TT: They could not offer the same merchandise at GREATLY REDUCED PRICES to They came to us and we bought Several Entire Stocks, comprising more than Three Thousand High- Class Garments, which will be placed on sale at prices far less than competitors pay at wholesale. Ghe Centre of the Wen’s Store Is Arranged in 3 Sections as Follows: FOURTE EN In this section will be found models of perfection fal the tailor shops of world-renowned makers of “Jour- neymen Tailored” Clothing. . Paddock and Surtout Coats! Sack The very choicest Worsteds and Suits Cheviotsgfor Spring wear. Every line showing correct workman- TOD Fine Coverts and Whi ay ship. A magnificent selection to choose Coats marrity alk lined ipcords ;/ from. Many exclusive novelties in fabric Black and Blue Fabrics Worsted in styles for dress or business wear. in many weaves and styles of finish. Sizes to fit every build. Description cannot do justice to this remarkable offering. Even when you see the garments you will be sceptical Rlue Serge DOLLARS and wonder “How, it is possible 2” Prince Albert Coats and Vests. Fine black Thibets, silk-faced lapels. Extremely stylish coats. Cheviot Suits. pre...” Black Thibet Suits. eeenen fon intended to retail at good Elegant Top Coats and Rain Coats, § { 0° Special Models to fit every build of man. Tuxedo Coats and Vests, Soft finished, lustreless black fabrics, | silk-finished roll. Fancy Worsted A. perfect galaxy of style and variety. Every AND coloring and design you may desire. _Fab- Custom Tailors sell at ‘Fancy SEVEN important factor o} Navy Blue Serge Suits , At this price we will certainly astonish you. Nothing \like it has ever been attempted. But your personal DOLLARS inspection will convince you. Black CLAY DIAGONALS, THIBETS, CHEVIOTS; made in the new style Sacks; also, 3-Button Cutaway; serge lined; perfect ‘ Suits fitting. Fancy Mixtures fined, All the new. colorings, including Slates, Olive and Dark grounds; great variety; every garment correctly tailored; serge Covert Top Coats Rain Coats e is" without question the GREATEST Institution of its kind. Aside f VALUES BEYOND COMPETITION AT ALL TIMES, we the great Purchasing Public its many additional features: ; Rooms Easy of acess by 7 from. Incorporated for the cure @® > Stomach & Lung Troubles