The evening world. Newspaper, May 16, 1903, Page 10

__NEWS OF THE BUSINESS WORLD. ‘CHE WORLD: lq. G. O'SULLIVAN, WHO WILL SUCCEED | RIVES IF TAMMANY ELECTS MAVOR. STOCKS DOWN IN A SLOW MARKET London Trading Helped a Bit, but Poor Bank Statement and Other Depressing Factors Kept Dealings Down. SUGAR WAS AN EXCEPTION. Tractions Dull in Sympathy with Brooklyn Rapid Transit and Pa- cifics Make a Poor Showing—Coal arid Iron Issues Sag. Except for a slight rally early in the Bay's business, stocks on the Exchange @ritted downward on a moderate volume of business to-day closing heavy and virtually at the lowest prices recorded. Aside trom the news of H. H, Harri- map’s illness the bank statement show- ing, a ¢crease of $1,087,200 in the reserve ‘and an increase of $5,859,000 In the loans ‘Would have excited considerable liquida- tion if it had not already been discount- ed y general anticipation. Specula- tlon remained professional all day and there: was a tendency to depress prices throughout the list. on reports of sert- ous damage to the crops in the West and shipments of gold to South America, Southern Pacific showed a loss of 1 1-4 at one time, but closed at a fractional rally. The weakness was due to fear of the extension of the strike among the shopmen of the Union Pactfic Raflroad. ‘The jrather rvassuring reports of Mr. Harrlman’s condition found no reflec- tion in the stock. Union Pacific lost 5-8 on uncertainty concerning Harriman's health, while ‘Texas Pacific and Chesapeake and Ohio @ropped over 1 per cent. each in sym- pathy. Brooklyn Rapid Transit developed ome weakness in liquidation by tired Jongs selling off 13-8. The other local tractions were affected sympathetically ang declined 1-2 to 3-4. Amalgamated Copper lost nearly a At on profit taking and Colorado and Iron and Tennessee Coal and iron also dropped 3-4 on the weakness pig iron prices. Sugar gained 1-2 on the late advance ih the price of the refined commodity end heavy buying by the wholesalers of lower Wall street. Brokers whth Montreal connections | bought all the Canadian Pacific stock ithe market offered, but soon sold It again on the unfavoratile view generally taken of the proposed new bond issue in London. Missourl Pacific dropped 1-2 on the bad reports on the crop conditions in the West. laay, but atrength the gains made on the of this buying were lost he- fore the close The Closing @ High C4 63% 49% Low. Clos. Changes Si Amal. Copper Am, Smelt. & Ret Am. Smelt! & Ral. pf. Am, Sugar ne Ath. Top. At. Top. & §. Balt. & Ohio Balt. & Ohio, pf Bklyn Rapid Tran Can, Pacit: (hen & Onto. hie, G. Wem. Chie, G. West A... Onle, Mil. & Be Paul Cie MI & St. Poot Gol, Fuel & Iron 8. F. F. pt Mo.” Pacific... Norfolk & Western, N.Y. Centrale... Ontario @ Western nsylvania Reating .. Reading 24° pf. Rock Island Rock Island pt South, Pacific South. Railway pt L. & San Fran. jouth. Railway Tenn. Coal & Iron I ‘Texan Pacitte 14] Union Pacific . Union Pactte pt er" U, 8. Leather ri US. Lan, ot i U. 8. Steel. be 8. Steel pt. + 4 fadaah of K » Un, Te % . Central —% + Advance, - —__$———_- - SUED BY CREDITORS. After organizing within one year coal, lumber, Iron and oil companies, whose aggregate capital 1s $30,000,00, Charles Bary, a Chicago lawyer and capitalist, finds himself defendant to a petition in bankruptey brought by creditors. His attorney, Michael Jacobs, said to-day that Mr. Bary was soivent, but land poor, and, that, his diticulty’ had been Fought about by note brokers. The petitioners are Waldegrave Har- lock, $1,128 for services an attorney: Israel Hedwin, $2,501 as a holder of a note of the Lester Mill Company; Kittle 8. Bellows, in business as i. Bel- lows's Son, $497 for wines, and John A Palmer. $225. — PERRIN VERDICT STANDS. Keogh Declines to Set Aside Award of $75,000, WHITE PLAINS. N. Y,, May 16— Supreme Court Juige Keogh to-day de- nied a mistion to set aside the verdict for $75,000 and grant a new trial in the sutt brought by the Standard Trust executor of the last will nt Alfred M. Perrin, vietlm of the Park avenue tunnel ac dont, against the Now York Centra Railroad. The Couct grants an extra allowance of $2,000 to the plaintift in the sult. Chain of Wholesale Groce! CLEVELAND, 0., May 16.—If the plans of N. M, and F. C, Leets, of Chicago, are carried out a chain of wholesale groceries will be established in Oblo. ‘They represent the Warfeld- Pvatt-Howell Company, the Western Grocer Company and” the National London trading. amounting to 6,000) shares, helped the market early in the! —-——. u from a Million- Dollar Mansion by a Hoodoo. The Strange Series Occurrences and Hair - Raising Have Driven Anson Phelps Stokes from His Berkshire Hills Palace. Catastrophes that Her Life. n Forgot Who She Was! Nice Home and Worked as a Ser- And She Doesn't Grocer Company, who. together operate twenty-two wholesale groceries in Michigan, Illinois end other Western States. $50,000,000 PROMOTER}: [BANK STATEMENT SHOWS LOSSES, Heavy Loan Increase, Only Nominal Gain in Cash, and Reserve Figures Poor. Wall street looked for a statement to-day, and even of the pessimists were realized. The loan Increase was heavy. in reserves was a siim showing, while th only a nominal gain In cash. ng-House figures were: Reserves on «ll deposits, decreanc. $1,097,200 Reserves on all a other than United Staten, ey Lowna, increase stn, Inereawe {aS theres jcsiisticy || SULOOD The surplus was $8,992,625, as com- pared with $10,029,825 last week and 38,346,000 last year. CURB TRADING QUIET. Market Weaker with the Leaders Showing Lonaes. Trading on the curb was quiet and a shade weaker to-day. United States Stee] Sa opened at an advance of 1-4, but dropped again to 83 1-2. Northern Secu- rites lost 3, selling at 96 1-8, and American Can declined 1-4 to 6 3-4. The bid and asked prices of the prin- cipal outside securities to-day were: Hid. Axked. 96% 7 456 ne Marine of : a Marine 4 1-2) 43, Rock Inland 68. 1% "8, Steel Se 834 White Kno 11% Wolke Knob Oe 123 Standard O11 85 a LONDON STOCKS RECOVER. American Shares Improve After a Flat Opening. Americans improved after a flat open- ing on the London Stock Exchange to- day and sentiment appeared to be more confident, There was a general recov- ery in prices all around at the closing of the market, Mexican Rallway sold good, while South Africans hardened under the cov- ering of bear contracts, Baer Announces Operators’ Ri resentatives on Board of Conciliat! WILKESBARRE, P. May 16.— President Baer, of the Philadelphia and Heading, in a letter yesterday informed District President Nichols, of the Mine Workers, that RoC. Luther, he Philadelpyla and Reading: 8. 6, Warrl- ner, of the Lehigh Valley, and W. L. Connell, of Scranton, an‘ independent operator. have been chosen to represent the operators on the Board of Conellla- tion. ——— The Whent Market. Wheat and corn opened quiet ana barely steady to-day, following bearlsh cables. Forengn news and weather were unimportant. New York's opening prices were: Wheat—July, 73; September, 75 14. Corn —July, 621-4 offered; Muy, ‘85, Chicago's 9.30 A. M, opening prices were: Wheat—July, 727-8 to 72 4 Bep- tember, 705-3 to 703-8, 701-2, Corn— May, 451-8; July, 46 to 451-8; September, W1-2 to 445-8 to 443-8. _——$—<$—$—— ———- The Girl in York. of Spookish the Great Left a Know Harriet Hubbard Ayer’s ee and the Two Sailors in the Funny Side. Invaluable Aids to Beauty. New Know Her? Another Quartet of Candidates in Beauty Prize Contest. Lady Boun- tiful, Phyllis poor bank | the expectations, The decrease | a eee Tammany ts s0 sure of “winning out" this fall that it has mlready selocted| Thomas Cully O'Sullivan, Sts, prize orator, to succeed “Mister” Rives as) Corporation Counsel. O'Sullivan was elected by the Hall in 1892 to represent the Twelfth District In the Senate. Be-| fore that “the siiver-tongued pride" had| held a deputyship In the County Clerk's office. ‘That was his beginning in poll- tics in Manhattan. It was during his time under the! County Clerk that O'Sullivan, green from an elocutionary professorship in an ‘upstate’ college, attended the New York Law School. He made a brilliant) record there, but when commencement] rolled round the young student got into a controversy with Dean Chase and the latter refused to sign his diploma. It was all about the holding of re- Ugtous vervice in connection with the ex- ercises, and O'Sullivan reached the point where he told tho head of the institu- tion that he thought a lawyer, under certain given circumstances, could tell @ Ile. It was that dictum that decided the dean against O'Sullivan, whereupon the latter obtained a writ of mandamus SATURDAY ING, against Mr. Chase to compel him to put his name to the sheepsitin. The dean MAY 16, 1903, [it been COURT 70 WATT: PAY YOUR TAXES jJustice Giegerich Throws Out His Suit to Escape Them, with a Scathing Denunciation of His Motives. Justice Glegerich, of the Supreme Court, decided to-day that Commodore Archibald Watt must pay the $1,123.38 taxes for 1900 on his personal property and In passing upon the suit of the city to force Watt to pay says the Commodore is trying to escape his share of the public burden, The decision has been looked for anxiously by a host of people who, had in favor of Commodor’ Watt, would have immediately attacked the assessments of 189 and 190, with a probable lors to the city of millions. Watt was assessed on $50,000 worth of personal property. In his wife's sult for alimony he declared he had no personal property. In his complaint Watt sald the Com- missioners of Taxes and Assessments ‘arbitrarily, capriciously and unlaw- fully set down names upon thelr tax rolls, and, in a yast number of in- stances, negligently and with unfair discrimination, to the Injury of the defendant, put down opposite the names of persons sums far below tie actual value of their personal property subject to taxation, and omitted the obeyed the court order, but appealed! names of many other persons owning later and won taxable personal property and failed to That was the first indicatton of] tux jt.” O'Sullivan's ginger, but it was shown in another instance, when, as a mem- ber of the Senate, he had a brush with Senator Lexow, of Nyack, which, it was thought for a time, would result in a duel. Lexow was roasting Tammany and intimated that O'Sullivan had bought his election. The Tammany man made the fur fi “Didn't you over buy a vote?! he asked the man from Nyack, "My élec- tlon expenses only amounted to $300. Your's were $4.09," Later, in the street, Lexow demanded an apology, which O'Sullivan refused to make, and the Incident passed, as things of that kind do, but with’ the honors of war on O'Sullivan's side. Attorney O'Sullivan Is six feet and cover and weighs 230 pounds, but he {s nat what could be called bulky. He is now forty-two years of age and Is, ad- mittedly a tintshed orator. His style ts much Ilke Bourke Cockran's. His voice has been heard all over the State In behalf of his party. and although he made an outside campaign upon his en- trance into politics he was sent to the Legislature with a plurality ot 2,100. ee Prealdent Duntley, of the Pneumatic Tool Company, {8 on his way to this clty to explain: to the stockholders there why the quarterly dividend just de- clared was only 1 3-4 per cent. instead of the regular 2 per cent A special meeting of the shareholders of the St. Louls & Southwestern Rall- way Company, of Texas, will be held In this city July 6 for the purpose of voting on the purchase of the Texas & Louisiana Railroad. Daniel J. Sully, leader of the bull eligue in cotton, will sail for Europe on June 3. Latest news from Washington states that a positive denial 1s authorized of the report originating in this city that States 5 per cent. bows of 194 In con- nection with a money relief scheme to be put Into effect In September. So long as the Treasury Department is under its present mamagement these bonds witli not be retired, but will be permitted to mature, L. C. Benton has succeeded Charles A, Browne ja the directorate of the Mext- can Telephone Company. MH. E. Ginter has been elected prest- dent of the Boston and Seattle Mining Company. — Damages Against Standard O11. LEXINGTON, 1 May 16.—James | Doyle has been given a verdict for} 7) damages against the Standard | Ol Company and C, B, Gilman for conspiring to injure the business of Doyle, by his oll not pronouncing up the Treasury Department has in con- templation the retirement of the United | to standard company, riv spector for the cit: proof. He repre WALKED ARM-IN-ARM WITH DEATH FOR A YEAR. The Nerve-Wracking Life of a Kentucky Man Who Knew that He Would Want to Be Right in Fashion’ See the Fashion Page, Conducted by the Modiste to the 400, and Pay Attention to What Mrs. Osborn > Says. ‘Warded Off the Fatal Day for Months by a Strange Method. Be Assassinated and American Art- ist Against a British General, and the Artist Has the Better of tho Argument. Our Cavalrymen Attacked by Gen. Baden-Powell, Defended by Fred Remington. Gets 4 p Complained of System, Mr. Watt implied that real estate is assessed far beow its taxable valuation, and If the commissioners assessed real estate as it should be taxed, no one would have to pay personal taxes. te also charged that by an unfair asseas- ment for 1900 taxpayers were forced to make up for shortages of years. preced- ing, and -cited certain alleged irregu- laritfes in the proceedings of the com- missioners, Justice Glogerich brushed all these ob- jections aside in @ long opinion, in which Cerra) “This is not the case of a citizen de- prived of his property and seeking to regain jt, but of a citizen seeking to evade his share of the necessary bur. dens which his fellow citizens have borne without pretest or resistence, It. Is difficuit to see how injury could have resulted to him, unless it be from those relating to the assessment; but the question as to the assessment should have been raised earlier, and in a dit- ferent manner—by certiorarl, within the time limited by thi ae e statutes, MAIL DRIVER WINS HIS SUIT. Judgment for Damages Against Metropolitan Road, The Appellate Division of the Supreme Court has handed down a decision af- firming a judgment for $1,000 damages in favor of Max L. Lurie, of No. 9% Monroe street, ugainst the Metropolit Hallroad Company. pretty TRY Mr. Lurle was employed as a driver on one of the United states mall ons When on thé night of March Wi driving across Broadway at ‘ark Place from the Post-Office a north bound Broadway car struck his wagon throwing him to the ground and injuring his arm Lurie employed Lawyer Lot of W2 Broadway, to brin, it against the railroad company. The action was tried before Justice “McCarthy and “e jury In the City Court. ‘rhe jury gave Lurie a verdict for $1,000, From this judgment the railroad com- ny appealed to the Appellate Term Of the Supreme Court, which has just handed down a decision affirming “the judgment in Lurie’s favor and directing the railroad company to pay the money. Steckler, Puzzle Contest. $50 in Prizes. Say, You’ll Burst Your Buttons Laughing. Talk About Fun! Watch the Comic Supplement ! Tidy Teddy Gets Another Bath 22h ALL ABOUT OMe DALI ADR ss The Sunday World’s Ground, Where Cupid Makes Havoc Strange Spot in New York Where the God of Love Is Having Great Sport. in the Funny Side. Pande aR iuaktt COTTON DEMAND “STOP WHITNEY HAS FALLEN OFF. frading Rather Tame in the Market and Some of the Op- tions Show Losses. Less excitement and activity were dis- Played In the cotton market to-day and the opening waa the tamest of the week. Firat prices wore at an advance of 3 Points to a decline of 3, the gain being due to covering, while the trade seem 1d disposed to sell the lute positions In ex- pectation of a further reaction and on the generally favorable tone of werk- end crop accounts, Port receipts were estimated to exceed those of last year and there were many reports of curtailed consumption. ‘The closing Liverpool cables, while perhaps not #0 low as expected on futures, re- ported a subsiding demand for spots and a decline of 2 points in spot prices. These factors naturally encouraged the early selling, but after showing a litte further weakness values were rallied u few points by New Orleans buying or- ders, Muy was at the previous closing price of 11:12, while July dropped 7 points, to 10.70, and August declined 10 points, to 10.47, The new crop positions were Weaker in sympathy. Bull Leader Sully appeared to be only mildly interested Inthe course of the market, and sauntered about the floor of the Exchange with his hands in nis pockets and his back to the trading pit Most of the session. The impression is growing umong his fellow traders that| he is now practically out of the market, and his avowed Intention of sailing {or Europe on June 3 more than confirms thelr belief. William P. Brown, the New Orleans magnate, will enter the market person- ally before Sully leaves, {t being stated on the Exchange to-day that the South- ern operator would come here on Mon- day to stay. McFadden sold heavily of July and August, but the majority of the ‘p: inent brokers ‘ta no conspicuous ps in the iransact'ons, and only 350,00 Vales were disposed of before the ‘The final quotations were: May. July, 10.69; August, 10.46; Sept 2.25;' Ootober, 8.86; November, 8, cember, 8.75, ani January, 8.76. soe RAILROADS IN COTTON. To Operate Memphis’ Compresgca with Big Capacity. MEMPHIS, 'Tenn., May 16.—It may be stated on reliable authority that the railroads entering Memphis have closed a deal whereby they secure a five-year lense on the cotton compresses of this city, two in number, and that ther after the railroad companies will oper- ate the compresses themaelves. The two compresses have handted over 500,000 bales of cotton thus far this season. JANITORS TOO POWERFUL. Civil-Service Board Wants to Pre- pare Liste for Asnistants. The Munteipal Civil-Service Commis- ston, through President Ogden and Sec- retary Briscoe, has sent a long com- munication to the Board of Education objecting to the present methods of em- plwying Janitors’ assistants, and. pro- posing that the remedy {s ‘in the ap- pointment of an as tant Janitor from eligible lists prepared by the commis- sion. ‘Phe present method of allowing the Janitors to employ thelr own assistants, the commission says, 1s not In accord: ance with the Civil-Bervice laws, The letter says in this regard that the assistants are at the mercy of the jenibors, are employed from early in the morning until late at night, and In many cases are insufficiently paid. That some of them are not proper persons to be brought in contact with children is also ment‘oned. neath Streets. Opera at $7 a Seat Under- Massive Plans for Subterranean Palaces Under New York City, Necessitated by the Overcrowded OMNIUSES,” ;E. R. Thomas Points to Trolley Cars When His Chauffeur Is Arrested On a Charge of Vio~ lating the Speed Ordinance. In the Harlem Court this morning: Edward Hawley, chauffeur for EB. Re Thomas, wes held for trial for speeding his auto along Amsterdam avenue. Mr. Thomas, his wife and the chaufe feur were returning from the Morrie | Park races yesterday when they were seen by Bicyole Patrolman Liebold. He saw them coming, followed by a cloud of dust, and pulled his stop watch. After an eighth of a mile he judged thelr speed was more than twenty miles an hour, and when they reached him | ordered the chauffeur to stop. “What for?’ asked Mr. Thomas. ire not exceeding any Mmit."' “Phe watch says differently," replied the policeman, and after some talk the machine was trundled around to the West One Hundred and Fitty-second street station. “Now, look there," sald Mr, as a trolley car whizzel by. that. “We (homas, “Look at Why, he is golag forty miles an hour. Why don't you arrest him?" In the police station Mr, ‘Thomas | Pointed ‘to the trolley cars as they passed the door, and called upon the sergeant hot to make fish of one and flesh of an= other. What is it?" asked the sergeant. Those W. C. Whitney omnibusea going past the door, there."Lsaid Mr. Thomas. “They are worse than this ma- chine. They are going faster now than we were going.” | Just then a man with a three-minute horse and his best girl passed along. ‘Now look at that,” said Mr. Thumas, “He's it, too, and that fellow with 19% head over the handle bars, they all of them ougit to be in here if my chauf- feur Is to be arrested.” c The sergeant was suffering from an affection of the eyes, He asked the chauffeur's name, whether he was mar: nied, how many children he had and the rest’ of his pedigree. A crowd of wheeimen making a cen= tury run sped down the hill paced by a trolley car and followed by a man with a trotter. “Look at them!" interrupted the banks er and ‘horseman. “Thal fellow win [the trolley is going faster than my. horse Yardarm.” “Well, T'll have to hold him for the court," ‘said the Sergeant. Mr. Thomas furnished bail. —E———— “PADDY THE PIG” AGAIN. His Bartender Held for Assaulting a Patvon of the Vince. On the complaint of Charles P. O'Con- ‘nor, of No, 149 Clinton street, a chemist [connected with the Health Department. William Johnson, a barkeeper employed by Clarence O'Brien (“Paddy the Pig")» jin the latter's saloon at Thirty-sixth street and Sixth avenue, was held im $300 bail by Magistrate Mayo in Jeffere son Market Court to-day for examina= tion on a charge of assault. According to O'Connor and a friend who was with him, Johnson assaulted the chemist after they had disagreed |about the price of a drink, According to O'Connor, the barkeeper insisted on % cents fora 2% cent drink, and seized some of O'Connor's papers to hold until full payment was made. O'Connor was knocked down ani received a bad scalp out. New York. ) Have You a Peevish Pup? Asylum. For Just _ There Is an Insane Asylum Crazy Canine? A Send Him to the Full of