The evening world. Newspaper, May 25, 1903, Page 12

3 og pS a SB ta aa at KEENE LEADS DANE AT STOCKS Prices Drop Sharply in Bear Ate! _ tack, While Heavy Selling) Sends Transactions Over the} Million Mark. — CARLEY BACK IN BUSINESS AGAIN. Promoter Who Failed for $I, 000,000 Three Years Ago Finally Obtains His Discharge in Bankruptey. ‘Grading closed in a whirl of excite- ment on the Stock Exchange to-day, | after a heavy selling session In which losses of from 1 to 3 points were noted. | ‘The transactions were very big, 1,138,200 | @hares having changed hands. The! trading in bonds amounted to $2,720,000. Phere was a ralty in the final dealings on coverings by shorts, but the day's Joases were not cut much. ‘The decline followed a bear attack, fled by James R. Keene's brokers. General dissatisfaction over the Jabor situation, together with the contem- Plated export of $200,000 In gold to Ger- Many to-morrow, helped the active wtocks to break badly and new low Tecomls ‘were established for the year in several of the issues, London traders sold heavily during ‘the late trading, 5,000 shares being dis- oped of on balance. ‘Rock Island dropped 23-8 on heavy @iling by James R. Keene, Bogy & Hubbard, H. B. Hollins and Harris, Gates & Co. who are displeased with the terms of the purchase of crntrol of the Frisco road. ‘gMasourt Pacific lost 27-8 on the re- iterated reports of damage to the crops im the West. . Mt Paul sold off 2 7-8 per cent. on heavy liquidation by the Standard Ot! Mnterests, who are dissatisfied with the @eneral labor situation. There was aiso @ revival of the rumor that the divi- end might be cut, but the selling by the iargest holders was the math cause | of the decline. ‘The Eries advanced on buying by Van/| Embure & Atterbury in the expectation | ora LG tag of 4 per cent. on the com- this August and the probabiiity | t the first preferred would go on the | ‘per cent. basis in July, while the hope | y that the second prererred will be re: | in the near future. ivania was bought in large) loth by the banking houncs, which «ook both the stock and the rights on th») be tea view taken of the waderwrit Bteel issues were 3-8 to 1-2 point lower Gespite the excellent report made cy Prosident Schwab on the labor situation Pittsburg. in the mills at Car and Foundry lost 4 per cent. on @ccount of the policy of certain roads | retrenchment. | Brooklyn Rapid Transit sold off 1 5-% of the suashonineraent felt by the special- ad over the small business done by sroad on several recent Sundays. Union Pacific dropped 2 3-8 on lack of support, but Southern “Pacific held steady, at a decline of 1 1-4 Rumors attacking the financial stand- ing of some of the most prominent danking firms were circulate! around tif street and while they were not erally credited, helped to weaken the tire market, The Closing Quotations. ‘To-dey's hi closing prices closing prices | follows 1, lowest Am, Sugar .. Am, Sugar pt... At, Top. & 8. Fe. At, Top. & 8. F pf. Hall i. & Ohio.. Balt, & Ohio pt Brook, Rapid Trans. Pac Kan, & Texas. Kan. @ Texas pt Pacit Mo., Mo., Mo. pe ieress — Decline. + Advance, _ SECRETARY SHAW ** IN WALL STREET. May Have for Relief of the ' Financial Situation, Becretary of the Treasury Leslie M, of the Wall street distric:, Paling! Avsiatant Secretary Fish at its ‘Custom House. y declared that his peolal, stinificance eo far as A] commypnity at large is con- ' said he, “of main- tude of not discussing | M Mimating in any way I ‘think best "to adopt 9 the monetary outlook.” nae ‘ of the pur- | Exchange voted $ | down. |than at the present time. rived in town to-day and Tada! jury’ and Collector Stranahan Sasiqy | Primula, shields. Francis D, Carley, the pyrotechnic promoter and snancrer who has made and lost millions in Wall ptreet and who filed a petition in bankruptcy in | the United States District Court at) Trenton Nov. 18, 1900, has been dis-| charged and is back in business again. When reverses overtook him three | yearn ago Carley filed a statement showing that he owed $1,023,953. and | 2 no asseis. He nad been carrying on business under the firm name of F. D. €arley & Co. at No. 5 Brond- way, and was president of what was then known as the Monetary Trust. Some of his creditors were not in- clined to accept his statement of his financla! condition and the Kentucky National Bank especially contested his discharge, No Money in Hin Name. He was examined in supplementary proceedings, but no money could be found anywhere to which he had title. Mr. Carley is related by marriage to the Vanderbilt family and is weaithy. The Kentucky bank charged that Car- ley In some of his stock transactions had been acting for William K. Van- derbilt and in this way sought to have brought in as assets certain stocks which stood In Mr. Vanderbilt's name. Mr. Vanderbilt denied that Carley had acted for bim, and Judge Kirkpatrick recused to permit the amending of the Specifications, The cate was carried to the United States Cireult Court of Appeals, which sustained Judge Kirkpatrick. To-day's order discharging him is the result of that decision. Carley is sixty- borne at Fort Way {ted with malcing $1,000.00 in Panhandle Rallroad stook and as much more out of the Monetary ‘Trust. He ancribed his most recent failure to the failure of the Kentucky Union Ratiroad Company, in which he was heavily intereste He lives in Bast Orange, N. J. One of his daughters Is Mrs. Oliver Harriman, r.. and another was Mrs, Richard How- and Hunt. $300,000 IN GOLD GOING TO EUROPE. Von Hoffman & Co. Will Add to the Shipments that Have Been Listed, L. Von Hoffman & Co. announce an export of $300,000 gold to Burope to- morrow. The Von Hoffman gold goes to Ger- many. The transaction was made in the regular course of exchange busl- ness and haa no other significance, This was the first gold shipment to Kutope chis week, although $2,500,000 in af coin was exported to Buenos Ayres. ‘o-day. The shipments to-day were made by the Merchants’ Bank at Philadelphia. which sent out $500,000;: the London and years o'd and was Ta, He was cred- River Plate Bank, $1,000,000; Muller, Schall & Co., $500,000, and Baring, Ma- goun & Co., '$50).000. The gold went on WALL STREET CHAT, The Board of Governors of the Stock to-day to close the exchange Saturday, Memorial Day lercbant Prince. | Tae Produce ppoint a Exchange has decide: committee, ¢ ie equitable mn tne railroads, ailed the Com- mittee on Trade and Transportation, weon City state that n the Yukon ia now 00,00) of the total. yleld 0,000 in gold is ready to be ehipped and will leave for the Pacific coast within the next few days. On account of the continued high ‘The officials of the Calumet and Hecla Gopeer Company say that they never le better about the copper situation They an- nounce that the increase jn the dividend rate from $5 to was from last y cont copper. ‘or the last quarter rs earnings with 12 of the Boston and iracterizes as ab- to be made Road waeat was falely ctlve to- ) was dull and practical- A good decrease ts antici- pated in the visible supply of wheat to- . opening prices July, 8 bas » 2 epenin iy. 78 1-2; May, mber, 4 to M4 7-5; July, September, 443: y: 445-5 to 44 New York's Wheat—May, tember, THirgst Chicago's —M tember, May, 43; July, 451 bid, Corn | Sepiomber, 44 3-4| SHIPPING NEWS. PORT OF NEW YORK, ARRIVED. Monroe city Fri Dai Lat Gains Were Not Large and}, smoking-room teresia in the South, His adsence, was commented upon much more than 8u | sudden appearance, as it is recognized that he ts sul the power in the local) A , y THE WORLD: MONDAY EVENING, M About 100 About About 100 About 100 In addition will offer 6,500 Yds. Fine Quality Fast Black Cotton Hose, with double 1 gc soles, Value 30c Lisle Thread and Ingrain . Cotton Hose, with double 25¢ unbleached soles, Value 40c Lisle Thread Hose withlaceankles, entire open work,emb’d front c and new clock effects. 39 Value 60c Brilliant Lace Lisle Thread Hose, Fast Black, emb’d in colors, SOc & Noyelty Lace Work Emb’d Value 95c COTTON BULLS PUSH UP PRICES. Transactions Only Moderate}: —Sully Not Doing Much. from European mills, the nearby a5 well as the late positions showed more strength in the local market to-day and soon made advances of 7 to 15 points, Covering by the short Interests in July and August caused these options - Bi by appearing upon the floor of the ex- change. He left town Saturday after the close of ‘Change to consult with the members of his firm, W. J. Rey- nolds & Co., at Providence, and was not expected to retum to the market until after his European trip. His presence among the traders did not have the effect of disconcerting them, however, he Is virtually out of the market, He. gave but few orders to his brokers, and spent most of his thme reading in the m P. Brown, the new bull leader, in New Orleans, where he intends to! | remain for a week looking after his in-! market ‘Tradl dpell TeRvit necame dull toward noon and the natural in Jum: a8 by tho shorts, boi tlons, while the bull clique supported the new crop options. The, transactions reachsd ‘quotations as; July, | Chita 41 Palermo, Vaderiand. Antwerp. Olbraitar, Thordis, Gibraltar. Clty of Savannah, of a. clearing similar to the Exchange, formation My id as it is realized that} [ OPPENHEIM@CLLINS&G TO EFFECT A QUICK AND FINAL CLEARANCE Will Close Out on Tuesday and Wednes 75 LADIES’ SEPARATE DRESS SKIRTS, Values $10.00, $12.00 and $15.00, day, May 26th and 27th, LADIES’ WALKING SUITS, Values $18.00, $20.00 and $25.00, LADIES’ SILK OUTER GARMENTS: Values $15.00, $20.00 and $25.00, LADIES’ TAILORED SUITS, SILK LINED; Values $30.00 to $40.00, ‘A NUMSBER OF CREPE DE CHINE AND SIL Reduced from $10.00 and $15.00, Broadway and 21st St. Lisle T! Stern Brothers To-morrow, Another offering of very desirable Cotton Dress Fabrics ( MERCERIZED WHITE MADRAS & OXFORDS, ~ 32 inch wide, in fancy stripes, ( basket broche and plain weaves, Value 25c to 30c yd. (SCOTCH MADRAS AND . 4,500 Yds.- FRENCH PRINTED PERCALES this season’s choicest styles, Value 25c to 32c yd. 19° Women’s Summer Hosiery and Underwear | Imported Swiss Ribbed hread Vests, 29¢ | Value 45c | Extra Q::ality Fancy | Trimmed Swiss Ribbed Silk Mi 43¢ xed Vests, Value 60c Imported Swiss Ribbed Lisle T! or Hand Crochet Trimmed, hread Vests, Lace 59¢ Value 85c Very Fine Quality Imported Swiss Ribbed Gauze Silk Vests, 69¢ Value 98c West Twenty-third Street. | NORTHERN SECURITIES KEEPS GOING DOWN. Stock Drocs to 91 on the Curb Es-) tablishing Another New dow Record. Northevn Securities made another new ow record on the curb to-day, sellin ny with the listed an preferred los: © Vehlole dropped to ‘The The bit cipal outside securities to entral i rading was weak and quiet. and asked prices of the prin- Jay were: prices for raw cotton a number of ont) Biimulated by the later TAverpool Dig; Aaked. ton mils throughout New England toh Improved materially after | Northern Securities : a % prices, which Improved m y bese on Gown, * 1 Feported, decided to ‘close | tig opening on an increasing demand | American cer jont a 1 to gain 9 and 10 points respectively, | Montreal and Boston “a while the reporta of unfavorable weather | t¢ cape 2. in the South, together with the poor prnlte nee sine 4 Reading at the Interlor pointe, also is added firmness to the new crop months, beginning with September. CLOSING UP STEEL Daniel J. Sully surprised the traders STOCK CONVERSION. Syndicate Carrying Out $20,000,000 Bond Plan Must Finish ed 8 5 pe AMOUNt themselves Ii SCHWAB NOT SICK. Charles ited St New York this morning: be in excellent health and nors t for which the members’ hold by June 1. It was announced seml-officlally to- day that the syndicate organized to con- $20,000,000 of preferred stock of the tates Steel Corporation into r cent. bonds has been given June 1 to exercise this privilege, his makes it mandatory to turn in $50,000,000 of pre- ok and_ $20,000,000 of cash for $100,09,000 in all, the M. Schwab, President of the Ates Steel Corporation, reached He looked to denied the elegraphed on . stating that he had be (°"Mr. Schwab immediately The commission houses | rival wer h in small lots of the nearby op-|offico and | ing with 1 ne of The gains on the day were from 5 tol the health of the Steel Trust's President consult his. p! 1 Corporation's 3 closeted during the morn- business associates. his New York friends sald that was better. than it had been for a long e and more fovll 8. r. ing, sald trin amo j district, ty ! best possible i true Ot the labor. situation serious i ments o1 that he had not in years been al. wad In an interview this morn- have just returned from a our mills in the Pittsburg ere I find everything in the shape, this being espscially Reporta of inbor difficulty in any depart. four ness are. without x foundation, Business continues good, und wo-are booking Just as many ordets as were & year azo. Melont the pre E We have now business beoked toe the ne! K waists, 4,9) 14¢ | | Figured |Hemmed ready for use. upon the | £0.00 5.90 9370) £9.75 JAMES McGREERY & CO. Sale of Men’s Pajamas and Night Shirts. Pajamas, made of fancy) woven nainsook, — plain | white or dotted and figured | designs, or fancy woven} white madras, | Fastened with large pearl) buttons, g5c. each. Value $1.50 to $2.50 striped Mull a or Pajamas, 1.45 White Cambric, Night Shirts. Finished with a colored edging. collarless 5o0c Value 75¢. Twenty-third Street JAMES McGREERY & CO. Linen Dep't. 2nd Floor. Cotton Sheets and Pillow! Cases. Sheets. 54x93 inches....47¢. each vaxogy | ce.u§6cs, 72x99 . 81x99 “ “ goxgg " Pillow Cases. 42x384 inches....15¢. each goxsee 9" uw tT. © 54x383 “ ....190 “ Fine Hemstitched Pillow Cases, 45x36 inches.....16c, each Twenty-third Street. a%6 A sale of Fine Madras Summer Shirts, some were $1.50, some were $2, now One Dollar gives you your choice, Also that exceptionally good Hosiery—Oxford Grey Lisle, only 50 cts, up They’re all the go. Three Gor. 13th St. BROADWAY ‘Cor. Canal St. AY 25, 1903. Great Millinery Reductions Now—Hats Trimmed FREE, Ehrich Bros.’ 6TH AVE.. 22d TO 23d ST.. NEW YORK. Another Big Tuesda in the Challenge Sale, Some of the very best Bargains of the whole Sale are in the Tuesday list (only a few are advertised), We’ll make it worth your while to come. 1 5c yd. for Corded Wash Sil Talk about your bargains! Here is a Chal- lengg Bargain indeed. 100 pieces Japanese Corded Wash SILK, one of the finest qualities and prettiest styles and colors— in pinks—light blues—castors—violets—reseda green—medium blues—beige—black and white— and gui-metal effects; for Tues- 45 a C yara day's selling, at..... seeeee None sent C. O. D. We sell more yards of sitk than any store in New York. 10°: for 20x40 inch Towels, 100 dozen assorted Sample TOWELS, slightly imperfect, on sale Tuesday like this: Size 17x32 10° Size 19x36 Tuesday only. Size 18x34 Size 19x38 Size 18x36 Size 20x40 No Mall Orders. ‘ 5 . 1 2 5 for Women’s $2.50 Ties e Made of finest patent leather, hand turned soles, in Oxfords and Colonial styles, plain opera toe, Cuban heels; the greatest shoe value J 25 ever offered. Tuesday's Challenge.... ° White Goods—Linens— Domestics: Challenge: 39c. Yard for all-over embroid- ered Scotch SWISS —white only — 27 inches wide, 32c. ca. for 9-quarter __Un- bleached SHEETS. Sale for Tuesday only. (Main floor annex.) 12%c. Yard for Panama Linen SUITING — cream only—30 inches wide. 29c. yd. tor58-inch, full- bleached DAMASK, 6 beautiful patterns. Hair Goods Challenge, We have secured from one of the leading Im- porters about 1,000 natural Human - Hair SWIICHES. We got them at a heavy conces- sion from regular price, and place them on sale to-morrow at slight advances over what we paid. Three lots: Lot No. 1—500 Natural Human Halr SWITCHES, 18 inches long, all dark and light brown 70 colors; worth $2.00, at . . Ic Lot No. 2—:300 Natural Human Hair SWITCHES, all dark, light brown and gray col- ors; worth $3.00; long, at ..... LOT NO. 3.—200 first quality Natural Wavy and Straight Human Hair SWITCHES, 18 and 20 inches Jong, in all shades; worth up to 2 00 ° 1 Lot Natural Wavy Hair POMPADOURS, 65 all shades; worth $2.00, at...........++ Ic ’ Infants’ Wear Challenge. J BABIES’ SHIRTS, low neck and sleeveless, fin- Ished with silk shell stitch, sizes to 3 95 years; value 39c. Challenge, Price..... ec INFANTS' LONG CAMBRIC SLIPS, square yoke of embroidery and bishop style, shirred 5.5 at neck; value 89c. Challenge Price.... ic BABIES’ LAWN CAPS. rows of fine tucking snd cording, hemstitehed hem and lace edge, 25 ¢ all sizes; value 49c. Challenge Price.... LADIBS' AND MAIDS' APRONS in fine Victoria lawn, deep hemstitched hem and fancy hg drawnwork; value 39c, Challenge Price.. 25c 4%, Yard for full-bleached yard-wide MUSLIN —no dressing, no seconds, (No mail orders.) 12ic. ea. for 18x27 inch, Hem- stitched Linen TRAY CLOTHS, 2 rows open work, 6%c. Yard for bleached = PIL- LOW CASES, 45x36 inches; on sale while 200 doz. last. (No mail orders.) 3 6%c, yd. for full bleached ROL- LER TOWELLING, 18 inches wide. (Main floor annex.) 19°: forWomen’s 49c. Gloves, |. A grand purchase of Summer Lace Lisle, Mila- nese Lisle and Silk Taffeta GLOVES enables us to make this broad challenge. All the correct styles and colors for.Summer wear. Gloves that have sold for 29c., 39c. and 49c. Tuesday's 19¢ Challenge, pair............ forBoys’ 39c.Underwear ———— 25C Boys’ Balbriggan SHIRTS, short or long sleeves; drawers in knee and ankle lengths to match, trimmed with silk binding and pearl buttons, guaranteed perfect fitting; regularly retailed for 39c, per garment; sizes from 24 to 34, Challenge Price -, " 256 Women’s 50c. Ribbed Vests. One of the greatest bargains ever offered im. : or any other store. Women’s fine Ribbed Lis.- Thread and Silk Mercerized VESTS, also in lace openwork, handsomely trimmed with lace and silk ribbons, in regular and extra sizes; regue larly sold at 35c. and 50c. per garment. 19% Challenge Price....... for Women’s $3 Shoes. 1.50 = WOMEN’S KID AND PATENT LEATHER SHOES Made to sell for $3.00 a pair and J 50 a never sold lower; here Tuesday at be pair These celebrated SHOES come in Patent Leather Lace, bright and dull kid tops; Vici and Don- gola Kid, hand-turned light soles, lace and but- ton; Velour, and Box Calf Lace, mannish shape hand welted soles, for walking. Tues- day's Challenge ..... 1.50 Walton's Embroidery Sale. Lot I. CAMBRICIN- SERTINGS and EDG- INGS, 1 to 2 inches wide, value 7 cents, : At 4 cents. Lot II. SWISS and CAM- BRIC EDGINGS, variety of designs, 3 to 6 inches wide, value 15 cents, At 9 cents. Lot III. SWISS and CAM- BRIC EDGINGS, supe- rior quality, 4 to 8 inches, value 20 cents, At 123 cents. Republic. Lot. IV. LAWN TUCK- ae f SO cs wide: physicians, Wes 23 cents. stomach troubles, Lot V. SWISS ALLOVER "EMBROIDERY, neat de- signs, 22 inches, value 50 to 75 cents, At 29, 39 & 49 cents, 8th Ave. & Sist St. States. fashion. eighth Saratoga, the southern gateway ot the Adirondacks, has been called the Baden-Baden of America, It is an ideal summer resort and can accommodate about 40,000 visitors, The fame of its mineral springs and mugnificent hotels has travelled far and wide. Tourists from al parts of the habit- able globe visit this queen of American spas, The village of Saratoga is located in the midst of a region made famous in the early years of the American Revolution, where was fought one of the decisive battles of the world—a battle that changed the current of human history and was largely instrumental in establishing this The various minera! waters of Saratoga are known all over the world. The medicinal qualiti¢s have been highly recommended by very eminent , Those waters are beneficial in cases of chronic dyspepsia and Saratoga can boast of the largest and best racecourse in the world, During the racing season the large ‘hotels are filled. Among the famous hotels there are the Grand Union, Windsor, Congress Hall and the United They are not only the largest but the most luxurious. There ig also a large number of small hotels and boarding-houses, which range {1 price from $7 to $15 per week. Saratoga, the beautiful, has long been recognized as a great social and political centre. It Is a place of much activity during the summer montas, and is exceedingly cosmopolitan. It is also the rendezvous for wealth and ‘The Floral Festival at the close of the season will doubtless, 88 usual, be a great event. Thé pageant last year attracted tremendous crowds, Im | conception of design, artistic exeoution and magnificent display it would | compare favorably with the floral exhibitions of Nice or Santa Barbara, For information pertaining to Saratoga hotels consult Tie Wortd’s | ‘Vacation Bureaus, No. 1981 Broadway, between Thirty-seventh and streets, New York, and No. Brooklyn, Thirty,