The evening world. Newspaper, July 25, 1903, Page 1

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WHATHER-FAIN TO-NIGHT AND SUNDA.~ EBALL “ Circulation Books Open to All’? | Sam ke Lam), C coetaustanen IT [ “Circulation Books RACING # SPORTS | PRICE ONE CEN FAST SUI VCTIN OF THE “STICK PAN Dr. Louls Shaw, One of the \ Wealthiest and Best Known \ Dentists in the Heights Sec- } tion of Brooklyn, Ends His Life & By Shooting. ALOSSES IN THE STREET ‘, REPORTED VERY HEAVY. He Had Been Despondent for Two Weeks, but Despair Came When the Firm of Tay- for & Company and W. H. Stow Went to the Wall. Carried down by the crash in Wall street, his fortune whipped away by the pwhirlpool of ruin that is churning round the house of Keene, Dr. Louls Shaw, of No, 162 Remsen street, Brooklyn, who had one of the most fashionable and lucrative dental practices, ended his life to-day with a bullet in the brain. The puicide occurre] at his home, where he fmaintgined his ralatial offices. Mrs( Shaw did not permit the servants to awaken her hisband to-day at his usual time of rising, thinking that a longer sleep than was his wont to take ‘would refresh him. But as the hours passed and no sound came from his room she became alarmed and knocked for admittance. There was no answer fand the lock was broken. Dr. Shaw lay on his bed, his face streaked with blood, p hole in his right temple and a pistol An one hand. No one in the house had heard the phot except Jennie W. Spencer, the of- fice attendant, and she paid no attention to it, thinking it was in the street. Sur- eons who were summoned said that if they had been called within a minute @fter the shooting they could have done wothing for Shaw. ‘Dr. Shaw had known for two weeks past that ruin wae ahead of him, that qnly @ miracle could save him from be- Ing caught in the financial smasb that twas then threatening. Mrs. Charles B. Cook, Dr. Shaw's mother-in-law, who lives in the Remsen ptreet house with her husband, was the bnly member of the family who would filecuss the suicide. “We had known that the doctor had deen worrying and descgndent over loss- es in Wall street,” said she. “His de- ‘ppondency became alarming two weeks go. He was strong and brave though, nd with our cheering, we thought we had gotten him to look on the bright side of things. ‘Two weeks ago the doctor ‘was in such a mental state that we ‘thought it better for him to leave New York. He went to Philadelphia on a wisit to his mother, but came back more Wepressed than when he went away. (Phen we causod him to take an ocean trip to the Maine coast but it was of po use. It has not yet been learned along what fines Dr. Shaw's speculations ran, but mhatever they were they ate up every went that he had. He was fifty years wt age and had no children, * RUSSELL SAGE ILL AT tls OFFICE. Although Feeling Indisposed, He Deemed It Hie Duty te Rc nain Downtown. Russell Sage, who has been in very poor health for several days, appeared at his Wall sirect office before the »pen- ing of the market to-day, deeming ét his duty to be on hand in case of trouble, But the strain of the hot weather and the financial conditions had told upon the old financier, and shortly after get- jing downtown he was taken ili. Vertigo seized him and he was forced @o call for assistance. He refuseq to gend for a doctor, saying that he would pull through all right. At his request a glass of milk was brought to him from e@ restaurant. To the importunities of his friends who begged him to go home he replied that he felt all right and ‘would remain until the close of the market. A swarm of men with securities vis- {ted Mr. Sage's office to borrow money. Most of them were turned down with the information that their requests would be considered Monday. This in- dicates that Mr. Sage is not entirely meraied that the period of depression is over. “The rumor that Mr. Sage was serious- fy {1 spread through the street, but @aused little disturbance, When the Exchange closed Mr, esse to his summer home at rai BROOKLYN GIRL IS ze jar- DROWNED IN CANADA. ! Miss Agnew ‘Farley Loses Her Life While Boating on the Lake at Royal. TORONTO, Ont., July 25.—Miss Agnew Farley, of Brooklyn, was drowned to- fs while boating on the lake at Royal, . BODY OF POPE LEO LAD AT REST TO-DAY Inclosed in a Triple Casket and After a Brief Ceremony It Is Placed in the Sarcophagus Over the Door of the Choir Chapel. 80,000 TOOK A LAST LOOK AT THE DEAD PONTIFF. Long Farewell Procession Ended at Noon, When Doors of the Chapel of the Sacrament Were Closed and Prepara- tions for Interment Begun. ROME, July %.—Pope Leo's body was interred in its temporary tomb this evening. The religious ceremony was brief. After the body had been inclosed In a triple casket, the inner of plain pine wood, an outer one of rosewood, and over all a metal shell. It was lifted by pullles to the sarcophagus over the door of the choir chapel, where it will re- main until taken to {ts last resting place in the basilica of St. John Lat- eran, The body had been withdraw from public view at noon, and those who still lingered at the gates of the Chapel of the Sacrament, in St. Peter's were or- dered to leave. Two or three hundred persons, including Cardinal Goossens, who arrived from Mechlin Just in time, passed slowly out of St. Peter's into the sunlit plazza, and the world’s last fare- well to the great Pope was over. Ten finutes later Italian infantry and gen- darmes poured out of the Basilica and lined up on the steps in imposing array. The outer gates were closed and the body of the late Pope was left to the tender care of those who had watched by Leo XIII. tn his lifetime. The prep- arations for the interment this evening were immediately commenced. The most solemn and smposing cere- mony to-day was the reception by the Sacred College, in the Hall of the Con- sistory, of the whole diplomatic body accredited to the Vatican. All the dip- lomats wore gorgeous uniforms and the Cardinals had on thetr magnificent vio- let robes and were seated in huge arm- chairs, according to right of precedence. The Portuguese Ambassador, M. Martins d@’Antas, Dean of the atplomatic corps, was at the head of the body. He a vanced and delivered an address in French, expressing the sorrow of all the powers at the death of Pope Leo, who had acquired, the universal esteem of the world. Ring's Strange Story. It has just been learned that when the time came to take the Fisherman's ring from Pope Leo's finger another was found in its place. This did not surprise any one, as generally the Pon- tife does not wear tt, the ring being less of an ornament than an unused seai, At the fitst meeting of the congregation of Cardinals after the Pope's death, whe tie famous ring should have been broken, the ceremony was omitted, ind surprise and then, solemniy putting it on his finger, sald: “The thanke of theChur ch are due to . J shan see that you ere "The ring has ngt been seen since, as Pope 1#0 privatefy put it under seal. o fur It has not been discovered, but the Vatican authorities say the ‘ring will undoubtedly be found, ROME, famous Latin scholar, being unable to accept the task of writing the oratio brevis—or Latin eulogy, upon the late Pontiff, to be buried with him—the Con- gregation of Cardinals to-day selected | Father De Angelis, a Jesuit to under- take that duty. FLAGS AT HALF-MAST FOR POPE’S INTERMENT Mayor Low on learning to-day that the body of the late Pope Leo XIII, would be interred this evening at Rome dered, through Assistant Secretary Moran, that the flags on the City Hall » displayed at half-mast about 1 o'clock bs ich hour corresponde with the hour of Interment in Rome, ———_—— Morecco’s va. Carsey’s Tea ‘A good game is expected to be played at Equitable Park to-morrow between the strong Morocco team and ‘Kid’ Carsey’s Metropolitan nine. the rivairy between the two teams a side wager of $200 has been made on the result. WEATHER FORECAST. Forecast for the thirt hours ending at 8 P. M. Su: for New York City and vicinity: Fair'and continued warm to- might and §unday; Nght to fresh wenterly winds beeo: July %.—Mgr. Farabulini, the! Owing to! {charies B'wood. 106, NEW YORK, SATURDAY, JULY 25, 1903. orld. Open to Al.” | _ NIGH PRICE ONE CENT CHARLES ELWOOD WINS. | BIG CROWD AT BALL GHAS.ELOUD WINS THE Bl BRICHTON DERB Evening World’s Selections in the First Four Races Win in Easy Fashion and Form Play- ers Are in Great Luck on Get- away Day at the Seaside THE WINNERS. FIRST RACE—Tople (3 to 1) 1, Petunia (10 to 1) 2, Hazlewood 3, Time—1.08, SECOND RACE—Lavator (5 to 2) 1, Judge Phillips (5 to 2) 2, Manilian 3. Time—5.06 2-5, THIRD RACE—Ormonde's Right (9 to 10) 1, Pentaur (even) 2, Mid- shipman 3, Time—1.13, FOURTH RACE—Charles Elwood (2 to 1) 1, Slave (5 to 1) 2, Rigadon 3. Time—2.05, FIFTH RACE—Lady Potentate (7 to 2) 1, Lux Casta (2 to 1) 2 Sir vorhics 3. Time—1.52 4-5, (Special to The Evening World.) BRIGHTON BEACH, July %—Tke greatest day in point of attendance was this, the “getway day." Not less than 20,000 people were packed Into the course, this in spite of the fact that the programme . ‘were two stakes, the Montauk, for two- year-olds.and the Brighton Derby, tor three-year-olds. Both were: valuable stakes, but the class of entries wae poor, ‘The Montauk went to Ormondes Right, who was the favorite at odds on. O'Neill took his right to the front, Stayed there and won, hustling a bit by three-quarters of a length. The quality of the lot behind this pair is seen when "Midshipman was third, Afteen lengths away, with Bouvier and Gir Carter lengths away. The stake was worth 35,40 to the winner, The Brighton Derby was an easy vic tory for Charles Elwood, His speed car- rled him to the front, and he stayed there throughout. winning in a great, big gallop by seven lengths from Slave, who beat the favorite, Rigodon, a length and a half for the place, Rigodon brought down specaily from the Sara- toga, but he was concedin gtoo much weight and was beaten early. ‘The stake was worth $7,550, which brought Mr. Haggin’s total winnings up to nearly $32,- 000 on the meeting. Charles Elwood's victory made O'Nelll's third successive vietory. He won or opie in the opening event and on Ormonde’e Right. FIRST RACB. Five furlongs. i was put on record tuat the ring for the moment could not be found, Starter, welghth, Jockey. St. HIL-Fin. St 4 In September, 1898, the late Pope Leo | Topic. 104, O'Neil! Ly og was one day insistently asked for an | Pet 109, Gannon oe, 8 4 wag one Oy an under servant, and Wd Redfern 4a at gD audience OF cnlosity,, he granted It, . 112. Buse 9 5 4 MS 4-5 Whereupon the man entered, and, kneel- Miata le) foot Sis , Bad: . A ing, Str Holiness, I have to restore to |} dod, | Hick RE a you what has been a loss not only to/ointment, 99, Creamer... 7 9 9 100 80 you, but to the work Giad Smile, 99, Bolesen... 2 2210 30 9 ‘Alter these Words the man proffered |Gold Tip, 112. McCafferty.12 11°11 60 8 the Pope tie Fisherman's ring, which |Head Lad, 107, Cochran...1112 12 100 4 he had-found. Pope Leo looked at it In| Start poor. Won easily. ‘Time—1.08, Topic raced to the front at the start and Glad Smile went with him for half the distance. Topic then drew clear and at the end won sily lengths from Petunio, who ‘wi lengths In front of Hazlewood, SECOND RACE, Steeplechase; about two and a half miles, Botting. Starter, we it, Jockey. Bt. Fin, St. Place. Layalor, Tepe Magee see. Ane go PS Judge Phillips, 142, 3 3) 6-3 4-5 Manilian, 1 Some Fi eo oo 16 Falmins i Ray 9-5 7-10 Eophone, 167, J. O'B: 438 & 6 2 Start good, Won easily, Time—5.06 2-5. Lavator went to the front at the start, led all the way and won ina big by “eight lengths from Judge ree hillips, who was two lengths in front of Manilalan. THIRD RACE. 6x furlbnge. att Starter, we 1f.Fin, St. Place, Ormonde’ wR, + 1§ 9-1 - Pentaur, 112, hae a Midahipman, 6 ww Bouvier, 104, Ri ce a ae a ‘Sir Carter, 104, Gannon... 4 4 0 10 Btart good. ‘Won ridden out. Time—1,13. Ormondes Rights rushed to the front at the start, made all the running, and won in a mild drive by three-quarters’ of a length from Pentaur, who was sec- ond all the way. Bouvier wae third to, the stretch, where he weakened, and was beaten out by Midshipman, who was| fifteen lengths behind Pentaur, TH RACE, Fo Mile and a quart Betting, 8 Starter, weight, Joc *Coupled Start good. Won easily. Time—2.05. Charles Elwood made a runaway race He went to the front at the J omade all the running and won in a big gallop by seven lengths. The others Tan. well distance, when slave took second place and held it to the end, beating Rigodon, @ length and @ half for the place. Wor other races pee columns ¢ and 6) unched for haif the|® GAMES. Cal Sa eam 0 0 GIANTS LOS NEW YORK . -0001200 PHILADELPHIA .... -.-- 9 o0o0112 M BROOKLYN AT BOSTON—SECOND GAME. BROOKLYN ....-. -..--- 0 1 2-1.1,3.0 a BOSTON ..--.. -------- 1°1°0/0'5 5 @ Pere i) At Chicago—Cincinnati, 3; Chicago, 6. Second Game—-End of second inning: Cincinnati 0, Chicago 0 At Pittsburg: St. Louis, 14; Pittsburg, 6. oo: AMERICAN LEAGUE. INVADERS LOSE BOSTON ccccce cceccsee O10) 1 INVADERS ...... --..--0 5 0 At Cleveland—End of fourth inning: S At Detroit—End of sixth innin+: Chice CORBETT DEFEATS M'GGVERN IN BALL GAME. M’GOVERN ...-.- ------ 1 2°1:3 2.3.0.1 O—1 CORBETT ...--. ------- 0351104 3'0—1 LATE RESULTS AT BRIGHTONsBEACH. Sixth Race—Ascension 1, Osgood 2, Isia 3. : AT HAWTHORNE. Third Race—Lucien Appleby 1, The Conqueror II., Hargis. Fourth Race—Ahola 1, L’Etrenne 2, 0. D.-Gibson 3. ss ohana AT ST. LOUIS. Third Race—John Yerkes. 1, Macbeth 2, Charles C. 3. Fourth Race—Bas d’Or 1, Croix d’Or 2, Deutschland 3. a asta ei abe 1— 4 1—5 sae! 3 7 was very ordinary. There], POLICE RAID DEY STREET POOL ROOM. Capt. Burns, of the Church street station, wilh thirty plain lothes men made a raid! thié afternoon on a pool room at No. © Dey street, taking thirty prisoners. This is the pool room hat was conducted by “Ridge” Levein, in which Commissioner Public Works Maurice Holahan was captured in a raid dur- ing the Van Wyck Administration. Mr. Holahan said he was looking for a “wayward son.” The Levein ase growing out of the first raid is in the courts. «>, 1014-0 WOMAN SUICIDE IDENTIFIED AS ACTRESS. _ The body of the woman found in the Bronx a few days ago was identified to-day as that of Cissie Clifford, known in pri- vate life as Mrs. Dempsey. RAMMED DOORS OF SUPPOSED POOL-ROOM. Capt. Murtha Caved Them in with a Log and Axes and Gap- tured One Man. | PARKS STILL AT ODDS _ WITH THE BUILDERS. No Cotnpromise in Situation Effected When te Called Upon Sac- retary Eidlitz. No agreement or compromise was of- an- Police Captain Murtha of the Elisa- beth street station last night raided an alleged pool-room at No, 52 Centre street, arresting one of twelve men found in the place The prisoner, Gor- neMus Murphy, of No. 18 Hamilton 8 t, was arraigned before Magie- trate Ommen in the Centre Street Court to-day by Cavt. Murtha, and held in $500 ‘bail for examination on Tuesday. The evidence against the place was fected this afternoon, as has bec tleipated, by Sam Parks, walking Bate of the Housesmiths’ men's Unions, Association. A committee of four walk- ing delegates, headed by Parks, called at the Townsend Bullding tile after- noon in response to a letter asking that @ delegation call upon Mr. Eldiits, #ec- retary of the association. Mr. Parks was met at me door by Mr. widlits, Kk hands corain ly; secured by Louis Johnson, of No. 383! Parkasaid he was there to reprasent Court street, Brooklyn, an attache of| the Houseomithe’ Union, whereuyon bidlite said ¢ be could nol wnder any the District-Attorney's office. Armed with a John Doe warrant issued by Magistrate Ommen, the police broke in- Iscuss the trouo'e with . Parks became very to the alleged pool-room by the use of axes and a log of wood used for batter- ing down doors. Twelve men were found In the room on the fourth floor. They insisted that they had met for the purpose of can-|!t pleting arrangements ¢. font athletic clus fe feeseipien HAWTHORNE RESULTS. for en . “Rodd da walking delegates, with A: semblyman “Dick” Butier, wem over so. thé "Pump." When Parks was seen after his inter- view with Mr. Hidiits he said taht theline runners. Instead of smashing, Executive Commities of the Tron League@| Browne bunted where no one could _ (Special to Tae Eveaing World.) ed ing Celeretes to sign| reach him, scoring Giloert. Van's long HAWTHORNE RACE TRACK, Chi- ee acltration, with the Em: | ay to right was good for Warner's tally, be run here thie afternoon resulted cs follows: First Race—Five and one-half tur- | % or nol there wou longs.—Won by Sweetle, 7 to 2 and 9| > tof. Miss Crawford: f'to & for place. | (@t he was in favor of meeting then wae! second; Buccaneer wan Patra, | HUE che other mombers of Wie amua- tion did rot wan to see them ate Time—1.08. Second Race—Short course —Won . by lagesre ns re Sor ace, a ae Monat tri §‘o1FATHER AND SON ON TEAM niré, Tin 5G 2-5. _ or yacracin Ls sie 4GAINST MURRAY HILLS. WINNERS AT ST. LOUIS. Jim O'Rourke, the of3 Giants’ catcher, — and fis Drdeeport team of the Coane (Rpec'al to The Evening World.) i yea wil KINLOCH PARK RACE-TRACK, gr, '2"MovT0W and engage t LOUIS, July 4.—Following are te re : One. itunarea ” F street and Lenox avenue, The Bridgeports are an exceptionally strong team and expect to have no dif- ficulty in winning. roger less of the fact sults of the races scheduled to be run 1 ja, 1 to 2, was second; third. Time—1.00%. uarters of a mile, on his father's {eam. in the hist Dolly oray, 6 to 1 £01 wanes ond; (hat father and h y re A second; that father and on he was third, fh 1» 115%. {tons in the same club. * ¢ iba che Dori wai Lak [GIANTS MAKE | double. Lauder finished things Sy grab- TT HOT FOR. THE QUIKERS. MoGraw Has Heart to Heart Talk with His Team and Tells Them They Simply Have to Win the Last Game of the Series from Philadelphia. THE BATTING ORDER. Philadelphia. New York Thomas, c.f. Rrowne, r.f. Gleason, 2b. Vai Haltren, c.f. MeGann, tb. Kelster, rf. Barry, 1.f. PHILADELPHIA, BALL PARK, July 25.—The Quaker team felt ax much elated to-day as Young Corbett. who put Billy Maynard to sleep last night with- out @ look in. The National League royalty here are delighted with the good showing made against New York, and this afternoon saw more enthusiaem in Potter's Field than has been witnessed this season. Many believe that Phila- delphia still has a chance to win the pennant. Jf she only had New York to play from now till the end of September they feel certain of it. Firet Inning. About six thousand Quakers dared the tropical heat, and armed with fans and parasols prepared to help the hone team; and Frazer was in the box, the gay mo made a home run sgainst innity and won the game last trip. Brown's finish came very speedily on a Dounce to Frazer and Van walked, and hen Md-headed Doolin made a cirous ch of MoGann’s high foul and Dooin he ball, couched the etand fan under t bake nis left hand and reaching back his right. grabbed the falling sphere. The crowd in- jecent ovation. V bad steal to second. No runs If the Quakers intended batting as brilliantly as they fielded, it ooked bad for the Tondlodds betters. Thomas, how- ever, only groundei to McGann, and Pop-filed also to sturdy Dan, ason while Mertes made a tieautiful running cate} f Wolverton'’s low drive that lgoked good for a double, No runs. Second Inning. Mertes's chance came to start the mu- sic, but Sam was too anxious and pasted a foul high as Washington Monument which Dooin made a handsome catch of. Babb signalled his first appearance ‘by striking out and Lauder pushed a @do hard one to Huiswitt. No runs. Gilbert was spry as ever in his ward and nipped Keister's bump. Barry got a nice hard one out of Gilbert's reach, ‘the first hit of the game. As Douglass fanned, Barry stole, Bash going to p off second, Hulswitt drove a low Mner that Van was waiting for and his judgment saved a tally. No funs ‘Third Inning. Gilbert beat out his rap to Gleason, but Emslie did not see it. Warner's Texas Leaguer fell to Barry. Gleasi invaded Kelster's farm for McGinnlty's nigh poke. runs. Gilbert ‘sounded a death note for Dooin. pitcher, Frazer, the slugging smashed a grounder out of Babd's reach, ‘Thomas grounded to Gilbert, who threw Frazer out, There was no time for a bing Gleason's foul hoist. No rune. Fourth Inning. Browne nearly broke Wolverton's finger with a redhot rap that put one Glan: on base anyway, Van then came up with a genuine single to centre. MoGann's sacrifice filled second and third. Mertes brought Browne home with a clip to Gleason. At last New ork was touching the leather, Babb walked, and {: depended on Lauder to P) get Van home. Babb stole second Lauder fouled to Dooin, !saving two on ase. One run. CUibert made a lightning throw from Wolvecton's #iaw one. Kelster's fly in right was safe. Babb's fumble from Barry put Keister on seond. Gilbert nailed Douglass's swift rap. but the uakers were o. third and mecond, and bb then tedeemed himself by » ‘good throw to) MoGiann§ from) Hulewitt’s fab. No runs. Fifth Inning. Gilbert made a good start, getting a free pai yy the fastest sprinting as ever al ‘arner oeat a bunt t> Frazer. MoGinnity's sacrifice advanced both of uns. Dooin's hoist was ple for Browne. The Iron Man got gay with his twists and walked Frazer. Lauder did a_pretty trick with. Thomas's sacrifice. Gleason then slerhed a drive clear to the right fence, gooring Frazer. Wolverton poppad to Babb, One run. Sixth Inning. Hulewitt’s fast flelding ended McGann, Keister cainght Mertes's high 0! at the} fence. Babb, pasied a single mire. | Lauder flied to right. No run | The best for Keister was a bounce ito MeGinnity. Lauder could not handle | Barry's burner. Browne had a chance to distinguish himself on Douglass's great drive, but falled&.. Douglass go: fird. ‘Barry scored, Babb threw Huls witt out, holdi Doug at thid, Dootn popped to @ One run Seventh Inning, {bert perished on a foul to Dooin. Warner had no chance with his bounce to Gleason MeGinnity cracked out a fingle to centre. Gleason made a good | tateh of Brown's Texas Leaguer. No Imiddie.”” BROKRES FORGED TO LIQUIDATE MAY OUGPEND +. Forced Liquidation Known to Have Involved Brokerage Houses and Assignments Are Looked For Monday—Bank Statement Re- sults in a Wildly Fluctuating Market in Clos- ing Hour, Excess of Loans Being Shown, FAILURE OF TAYLOR & CO. WAS ; BUT ONE RESULT OF CAMPAIGN, — James R. Keene’s Loss by the Assignment of © Talbot J, Taylor & Co. Is $1,500,000, and — Slump in Stocks Has Probably Brought Additional Drop of $3,500,000 in Values, Rumors of impending failures in Wall street circulated freely in the two hours during ‘which the market was open to-day, but if there were houses in difficulties they weathered the period. Conditions were favore able for weak houses as there was a market for almost any stock on the list. There is every indication that failures will be announced on Mons day, as it is known in the street that several brokerage firms have been compelled to liquidate at prices that cannot allow of them continuing in business. Up to the time the bank statement was issued at 11.30 o’ciock, the tone of the market was one of hope. Nearly all prices had reached the close of yesterday after a feverish fluctuation and rumors that the bank statement would prove to be favorable had the effect of steadying quota- tio. = +4 The statement showed an ncrease of reserve on all deposits of $6,636,920; an increase in loan of $884,200; an increase in spec:- of $5,503,700; an ta- crease in legal tender of $925,400; an increase in deposits of $7,168,700, ana a decreaze in circulation of $89,700. The showing in the increase of loans was a disappointment that was not offset by the large cash gains. The market sold off at once and speculation, which had been brisk, became dull. The range of prices was eo irregular that buyers and sellere were all at sea and at the close there was & general - feeling of depression, Sales of specialties {n which it was suppor#d that the houses which fajled yesterday were interested caused violent declines. Des Moines & Fort Dodge sold down 20 points, Evansville & Ter-e Haute 9 1-2 points, United States Rubber preferred 4 points, Rubber Goods preferred 12 poirts, Weet- inghouse Electric 5 points and I ernational Paper preferred 2 1-2 points. James R. Keene was in his office early. He reached Wall street, ate tended by his son-in-law, Talbot J. Taylor. They had a conference with Receiver Britt and then went to work on a complicated statement of the affairs of the firm, prepared during the night by the experts on the books, — Mr. Keene eaid that he had no statement to make. MP ‘There was an attendance of brokers at the opening of the Stock Eix+ change most urueual for a Saturday in the middle of the summer, but there was nono of the tremendous excitement usual to a period of anxiety in the street. In fact, it seemed as though the brokers were confident that the air was fairly clear and that it would be well to rest until developments growe ing out of the failures might become apparent. MORE RUMORS OF FAILURES, ; : Rumors of failures were found on every hand, but they were faint ; rumors and caused little excitement. The fact that the Stock Exchange — session was to last but two hours—from 10 o'clock to noon—made for confidence, It 1s uot unlikely that more than one prominent firm will be compelled to give up the ghost on Monday, because the Keene following has been numerous and many have been, as Mr, Keene himself saya, be Saree men, owners of securities upon which they do not depend for an income, were buyers of industrials to-day. They believe that prices are as low as they can go, and that the period of reaction is at hand. Never= theless the banks were tight about lending money, and nothing but gilt- edged securities could command attention, aaa Ge sort supposed eld by the Taylor firm were not given any consideration. res consents of opinion on the Street is that Mr. Keene antagonized | a coterie too powerful for him and that the downfall of his firm was due to nifing by this caterie, They got him, as the gamblers say, “coming and going.” First they depreciated the value of his securities, and then made it impossible for him to borrow money on them—a process: a approximating another gambling term—"playing both ends against the systematic k ‘After an hour of trading the entire market showed improvement, Ra- | mors of a favorable bank statement had a cteadying effect. ‘The stoe most persistently hammered yesterday were the leaders in the rally. ‘The financial rock on which Keene suffered his latest shipwreck the Southern Pacific pool—the largest and most disastrous ever formed He had attained such prestige as & manipulator by his keting of the United States Steel securities and his handling of the delic Northern Pacific situation for J. P. Morgan that when he suggested formation of a Southern Pacific pool many of the biggest Stock E houses and a number of outside banking institutions subseribed. The was to be entirely in Mr. Keene's control, and the deal was ni closed out until the stock attained a certain price. As matters it was charged that Keene really desired to force the Southern Pacific: Wall street. runs. (Continuation of gama in columns 4 and 6) ple to declare a dividend or take the stock off his hands at @ would name. Out of the 2,000,000 shares of the total issue of

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