The evening world. Newspaper, August 6, 1903, Page 2

iG TAADERS HALT THE ~——BANIG IN WHLL STREET THE WORTD, | WALAING DELEGATE SIM PARKS WHolmeoNvretTi poe # vee Rich Men Come to the Rescue of the Beleaguered Securities and Help to Repe! the Attack of Thos Who Would Hammer Them Down More, TOW TWLNTYV- TURE LEADING STOCKS HAVE SHRUNK IN A VEAR. Follow portant stock j i ar dealings ef Am. Stiene Ateliieon Nils Pe a" ’ " Balt. & Ohio 104 ™ %! Pe sland n% 0 20% Bklyn Rap ; » a0 Consol Gas i i va, s ww Dal. & Hudson, 15344 p ‘ 4 ay 1 file wis... 18% | Wabaah 8 14% Gen. Blectric.. Wabash pf Hie 20% HN Loula, & Nash wy The stock market was saved to-day from demoralization by determined @upport. Heavy liquidation set in with the opening of the market and there were wide declines in a number of securities, but it soon became @ppa@rent.that the big financial leaders were holding up the market and ‘were prepared to protect their interests The activity of the opening hour, when over 200,000 shares of stock wore Gealt in, was repented before the close, when an upward rush of prices wiped | CCondiraied: fron Trt Pages Py @at the day's losses and brought almost the entire list « point or two above|y 4, yy, ‘. Eest night's closing. The sales recorded during the day were 1,006,000, Maye d to t Unffed States Steel preferred sold down to 68, the lowest point it haa| Bar i id attained in the present slump. Steel common went to 203-8, its low record | Fifty-ninth aires everle tt f BE yestertiay. Both stocks reacted before the close, : Persea eoneayieen i Selling was conspicuous in the Steel stocks, Missouri Pacific, which was | about (ie eS Griven down to 88 1-4, and Atchison, which touched 65 1-2, a new low record,, “i saw Parks knocked down and 1 Ka Many of the inactive and high priced specialties showed sensational |RelPed t9 piok him up, dal thal hs un i declines, Metropolitan Street Railway lost 31-8, Continental Tobacco pre- aN ari ye AG voor ean | Ruusnn? i a ferred, 37-8; Delaware & Hudson, 3. Declines of two points were made in| that struck Parke Sugar, Consolidated Gas, Brooklyn Rapid Transit, Union Pacific and St.| ‘Had Parks anything 0 drink thot Paul. Later all of these stocks recovered. seed te Ran coeuie aiacie The market opened with a rush. The floor of the exchange was more| «You told my aagistant that you could crowded than at any time since the new building was opened. Brokers sel-| Bo", ,0! winether Barks was Intoxicated ua ia dom seen on the floor were struggling about the various trading posts. fen what do you moun by aaying Pi id Mr. ir PANICKY FEELING DISPELLED. Hee nly had eT NaN tore,” | Sir. Brann did as {, There was evidence of forced selling In the first half hour and this gave| was the reply. ae eeiinurautied rise to the rumor that further failures were imminent. The panicky feel- ing was dispelled when {t was announced that all fhe brokers’ sheets had gone through the Stock Exchange clearing-house all right. The market remained feverish throughout the forenoon. Trading was very active, over\half a millon shares having been sold up to noon, ‘The Mr. BIG FIRM CHANGES HANDS. « Jerome Bal joxer, \erhe \dustice Maver ann to | sultation with his objected strenuously rani Court finds 'the defendant guilty,” THURSDAY RVESING, ACG WT 4, ton, BOLTE'S COUNSEL ‘SHERIFF SEIZES ASSMLS JEROME — TWO WARSHIPS - Charges that Diatriot- Attorney Union Gounty OMolal Levies on Sayed Criminal Prosmoutions «Vaaqala Unear GConatrustion 0 Consideration of Aooused for the Mevican Government Teatifying Aqainat juation al the Cresoent Shipyards IeeAtLT dent Giegerich’s Message of Congratulation. Greer President of celved the fodowtng ca Mer. Merry Del Val, Secretary charred that had) Pope Pius X noanewer to a e against mt povauine there Was 10) gram congratulating hi mon 1 vii “Ie it not trie,’ asked Mr, Blumen-|tion to the F sent by thal, “that you Were expelied trom the | Justice Glegerich on Monday last: for f omMetal room an nt when the > omageio affetuose yp to him and! statem the witn Ell dua, stanone at sasett Gee shouting: “Ll know 1 the 23) maithat) cuore t [papers rks hit any one?" “There are roan yorner cas hana Mr. Translated th Blumenthal where criminal prosecu- becom ». 975 Wirst avenue, | Hon has ‘been stioed: bee Metrict. | Holy Fat our affectionate in the xaloon, swore] Attorney ua a recompe homage with a grateful spirit and w struck awainet Justice Bol blesses you from the depths of his ng on the floor,’ he ght ou heart." | ft t t your practic t the defendan andamus proceed- ne 8, ra to sli cause or other tricks unt!l you have exhausted all such schemes, wien you then settle?” asked TRADING ON THE CURB. gh “Let your he wast he had 1 a and Mr. witnesses: Only Fractional Changes Prices Quoted. in the ih that this witness ts here to testify to | A. S) Stick Sticl Spencer & Ordway, No. 31} s A was next called in regard to the case 5 of John Walker aguinst Thomas Far- Tae. PAsron a y: 1 thing that is want-| Stocka were qulet and steady on the nounced after a eon. | here Nisa y tad one qulet a1 F ollengiies. CN Meret cite Peng pails curb to-day, ‘The changes in prices articulariy: Saturdaye, were only fractional from the closing of no!" cried the witness last night. ney. of the firm The bid and asked prices of some of the principal stocks were as fullowa: selling was in big blocks, Missouri Pacific and United States Steel and ° Jone Wa wine, ‘Thomas Far-| american Can sexes Baltimore and Ohio being dumped into the warket in 600 and 1,000 share |Burtness of Cowan & Co, Sold to the came was rendy to gu. up for American Can, ‘ot 5 lots during the opening hour. Rta yt Cr slenseAlCas he’ fount tat adational 5 i " which Justice Bolte gave With the evidences of support the market stendied a little apd the, Bx-| Pawar! ‘7 O. Steare Paco Henkera| were mbecni from the minutos whe h ae " b. 4 Lobsayhipeh des ed ne e appealed to Ju Ic jo , DOs. change hocame more quiet. Activity in trading also abated, Reports were hy Gowan & Go, 60 Sub ae ihe: Case Wen on the buine of Iter. ser arog te current that considerable liquidation of loans was in progress, the idea| this city, which Is connected with the settlement ho tacitly Jet the pola pass, | Iaterboroue K.” i} bib Consolidated Stock — Exchange The Solomon J, Ko: oom, af No. 320 |dfanhattan 7 being based on the fact that many stocks ordinarily Inactive were thrown |Q’nMvliduted Stork Fxchan oMces In Broadway, Was the next witness. After | ew On {nto the market. The fact that these securities were quickly taken up was| this country. Cleaners at Work in House and | telling of a "case in whieh he appeared vor Cota Mustive Liolte that the plaintift | Sewoard Ale Llne —— i “1 told Justice Holte that the plaintise | Seapoerd Air Lin the most important element in toning the market, Lot of Jewels Disappeared | ara’ sot ive ac ine address given. but | Rtangars OW cose bess cc"t £ om ry ave It so us to bring his case in Justice | white Knob Copper... 8 | MANY BIG HOUSES HELPED. TAR CLOSING QUOTATIONS. When They Left, So One Was | Bolte's “court” the “Justice shouted, | ©!" : a mz | Rumors of the formation of syndicates by financial leaders to support Sone ee Rivacer: (practice) and. maid he UNION PACIFIC’S REPORT. j ae, vou je out ofc ‘ate y ‘the market found no confirmation in the course of trading. The support Wr eu Arrested. mop talking But T kept on talking, " { agcorded the leading issues was not a concerted movement, but the efforts of Beaty chatipes pice and he put the «ase over uunttl the next | |{ndividual houses and in comparatively small amounts, From all indica: |e yen, Manes from semen Blanchard, restraining Justice Bolte) The report of the Union Pacific Rail | tons no further offort was made than to save the market from demorallza- ATES ee eee eee ec ie a Oe | Neneltgense tint uuetarelcourtronar mas titrae Leeds ea RU SITES of Marvin, was eoaivicted of stealing rt lke We 2 fd ids: 5 " tion. Amal Copper PN a eS Seely al fn the wrt of pronibition, ‘lke’ Works | Opens 93 Ba ee cas a rth of Jewelry from tho apart-| brought it out again. T went to the t During the afternoon lull a slight reaction was registered throughout |: Gar Fosin, Mrs fo the Hotel [court-room and found that the case hes the entire list, only a few noticeably weak stocks failing to rebound to open- | Ai melt fo Ret NG Ton March) 2900 Waavare|| Ooms ihe vcase ttt Balm. vel. Weleentesd | CAC RE Soe cleuee tng prices. St. Paul, all the trunk lines except B. & O., Southern Pacifle, the | Am at Avene Band Thirteenth | witness said that A. I. Gordon was|dendsson Northern § | "Wabash, the Southern group of roads and most of the industrials rose above | Muni uRiag SO SISA R rohd l beetelL alee tial cre se ap Mn ANG rit ac a anus uh Jast night's closing prices. teh, aar re and) Wlernan, charged with Hosen tha] an ettorney, of record. reuse of CA panne. toe aE . grand larceny, | records were produced that Justice rges were $12,071,068, a ered » The suspension of Laidlaw & Garrie, brokers, at No, 50 Broadway, was j The charge againat him is that while | Holte signed an order to show cause in | $8038. vient otiaividerda thererves announced on the Consolidated Stock Exchange shortly before noon to-day. [with thveeottinn employees ofa car. | MetciaterChurt Meare ser ee ee pee ont OF saluldenda, there) re: ‘The firm did a commission business, whicb was not extensive, and the sus. pet-cleaning: mpany on July 2 he | This concerns one of the charges on} of $648 198. fg ‘ stole $200 worth of Jewelry from the | Which testimony is to be taken for sub. —————————o pension was without general importance, 3 ments of Mra, Lillian Le 1 mission to the Appellate Divislon of the e OD Mr. Laidlaw sald that the suspension was only temporary, and was No. 17 Weet Porty-fourth aireot, [Tapas bone ea contention tein that CUPID'S FQ! j y 7 y-fo tree ; r sale. suc! forced by the firm’s Inability to get in margins from {ts customers with |; : sufficient rapidity to keep pace with the declining market. e GOOD TIME FOR WALL STREET BARGAINS. Washingon E. Connor is one of the big financlers who take a favorable wlew of the present situation. He pointed out to The Evening World to-day that the present slump in securities gave the legidmate investor a golden lie opportunity to pick up splendid bargains, His views are expressed {pn the fpllogins statement dictated to The Evening World: “The precent situation In the stock market Is very much like that of the year 1884, when the Metropolitan and Marine banks failed owing to the suspension of the firm of Grant & Ward The only difference between the two periods is in the money market. Ip 1884 the money market was stringent. At this time money js easy “The depression of 184 did not extend beyond Wall street. ‘The general business of the country continued to be good. We find now the same situa- tion outside of Wall strect to-day, and | do not believe that general business affairs will be at all affected by present stock market conditions. “Business all over the country is active and profitable, As an !llustra- tion of the marked change which can take pace in a short time, Missourl Pacific in 1884, during the Wal! street pauic, sold cown to 63 1-2. In tweive months it was up to 119 1 “The market to-day affords an excellent opportunity for Investors to Pick up splendid bargains. Most of the present selling 1s forced by necessity, | Margins become exhausted as tho market declines, compelling holders to! throw over their stocks for whatever they bring, It le during such periods | of forced sales that the buyer gets his bost bargains,’ ~aieke A PINT OF BEER, $75. Weinfeld Sold It to \iinor, So Is Fined and Sent to J. Abram Weilnfeld, vrupriet Joon, at No. 243 Hast Thir Ponvicted in Special Ses. Pelling a pint of lager beer 1 SHIPPING NEWS. AUMANAG FOR TO-Day, 5 00'Sun sete...7.11 Moon gets, THE TIDES, Sun rises 3.29 ter, | not purchased the beer bh Aad sent a man into the saloon it tor him, Pr @ defendant is guilty. Justice | El declared. “and he hos add Ime by getting this boy to riury. We are of warning Norte, Piemonte Ww see Ww OUTGOING sTEAMSHIPS. BAILED TO-Day, a Touraine, Havre, El Alba. Galveston farbarosaa, Bremen, fondly Jack fo ithe Tombs" City of Weahitgion, Moltke Hamburg \d in addition Havana. Raveusdale, ¥. Felfereon, Nortolk. re ers against selling ene. will make an example ae 8. | \3 to | | Union ‘aban Paci Pac Rubber Bteel tee pt Apartment, of the Jewels was soon aft named Vivian Mari cod and is MeMahe ‘The pris le Trad rond LONDON Ratlway shares from anxiety reg course of the mark ing the day ‘Phis Was aggraya reports. of Rales that wer sof IS per ceni ¢ Rio Grande and fo 5-8 ver cent. Chidage in € President Kebler, nouncement that signed, The men had been sent by pany to take up some carpets in the nd after leaving the loss rward Jeft the company, and five years and his address as Butt y was caught h to the detectives by stagnation in the market for American here to-day, Although business was at a stand- stil! In railway securities the majority | At 68 44, a decline of 1-4 stocks displaving the grewtest. strength | were the Erie Issues. Atohison, Denver | Texas, all of these being up from 1:8 and Iron Company, makes ofMctal an- Vice-Presiient and Treasurer, The resignation becomes effec. Uve at once, ain A. % Miller has bee an order as the case Jurisdiction, ‘The order was returnable tn eight days and was served on the witness by Max Levine. Then, on the day of return, it Was put off by Justice Bolte for another the com- was out of bis After a Bump on the Pike, No one expects true love ever to run perfectly smooth, and it doesn't ‘A Texas girl was thrown from her Ascoveret, Hyman wee! When the police learned that ho was an| ‘Tha witness had to be wamed ma ; sit- ex-convict thelr suspicions turned. on | times DY Referee Willie tor Inecede hovaes Sau Mows food vipited: the:ait er Ett Hmes On Toxtraneous matter in his answers, “The | Wation she best can tell. nim respondent's financial tus. all through ‘Seven years ago last March I was Hyman was arraigned befor the hearings, has been a bone of thrown from my horse, and although trate Ommen In the ‘Tombs 1 he witnesses for the. pros ; rate Ommen in the ‘Tom tion Beet To‘inake statements agai | 1 did not seem much hurt at the time and remanded for twenty-t his bankruptey, and Mr. Blumenthal/in a few months I began to suffer, He was accompanied 1 woman | combating their eftorts, Mr. Bhimenthat gradually growing so weak that I had to stop school and never felt well, 1 had no appetite and was so nervous I vould not do work of any kind. Five years ago I became engaged to be married as soon as my health was found great enlovment in the witnes mimicing his broad accent and disguat ® Jedly referring to him as “my ‘brether lawyer.” in when h. Hotel to Elmira by under paroie. his age as twenty- 8 WAS SO DerRistent In vol formation that finally Mr dh, answer yes or no.” anteerin| Iselin sald, “Don't vou get angry with him or he ‘We will waft three months not lots better ’ for {t seemed that I was doomed to suffer the rest of my life. A few weeks later a friend asked me if I had ever tried Grape-Nuts food, and begged me to get a package, I did this, not hay- ing any hopes of !t helping me, but before I had used the first package I felt stronger than I had for a long time. “So I continued the use of Grape- Nuts twice a day, with plenty of cream, and now the United States does not hold gold enough to buy my health and the happiness that has become mine because of this health, It was not long before I was entirely well and strong once more, and last September I was married, and am the happiest young woman in the world, and all of it Is the outcome of using the food Grape-Nuts. “Now that I have written my letter 1 feel that it is not a success, for I cannot find words that seem half sald: COTTON A LITTLE HIGHER. Liberal Pit Offerings tor Delivery, August The local cotton market apened steady to-day, with prices in the different po. sitions varying from 2 points lower to 4 points higher. Trading on the call was unusually active, with August weakened by Iiberat pit offerings, but the Inter months wera in demand, The traders who sold short on the break yesterday were the principal buy- ers of late months. ut the demand was cheoked by foars of unfavorable de. velopments in Wall street, The weather and crop news was very favorable, but had little effect on the market. There was evidence of pool operations by elther Sully or Brown. ‘The opening prices were: August, 11.58 bid; September, 10.46 a 10.47; Octo- ber, 9.85 a 9.81; November, 9.65 bid; De. cember, 9. 5 January, 965 : February, 0.64 bid: March, $64 bid, | strong enongh to me to tell you how here was absolute resulting | arding the probable et at New Vork dure ated by contradiotory @ transacted at the fractional advan it 207-8, a and the preferred | of a point. The| Missourl, Kansas & folorado Fuel, o, rf ‘ ve walted and waited for) ough i have no ¢riends,” remarked Mr, | better, but we: wal A man “Not even the stenographer," — said “About New Year's a year ago 1 mended the | Referee Will for Men, Women Great crowds have coming for These Beat She Patent Leat 15,000 $2.50 a Black Kid, Velour Leather, Pair . 15,000 Pairs Misses” $2.00 Black Kid and Box Calf, Button and Lace, stzes 11 to 1,500 Pairs Child’s $1.50 Black Kid and Box Calf $ Lace, sizes 8'% to 10%, Pair » . 2 1.00 10,000 Pairs Misses’ $2.50 Large Sise Button and Lace, in Black Kid and Box and first heels, sizes 21% to TOO ERP KS Ooi lis 6,000 Pairs Boys” $2.50 sizes 2)4 to 54, Pair . . Bargain Goods. in our Basement. Leather Goods and Trunks on our Store Closes at 1 P. M, CF ee ee ne OO aT AVE, COR TH aT The Unparalleled August Clearance Sale of 75,000 Pairs of HighClacs Footwear ind Children Is Silt Our Basement. Bvery pate fully guaranteed, 9,000 Pairs Men's $3.50 Black Kid, Box Calf and welted soles, $2.00 Pair, 5,000 Pairs Women’s $2.00 Patent Leather Oxfords, latest styles, Cu 2,000 pairs Women's $2.50 Black Ktd Oxfords, patent leather tips, welted soles, heels Black Kid, Button and Lace, welted or turn soles, 51.50 mn 10,000 Pairs Men’s $3.50 Lace Shoes in Box Calf, Calf and Patent $2 25 1,500 Pairs Infants’ Black Kid Lace Shoes, sizes 5 a Be OG On Go 6 Box Calf Lace, Wwelted soles, The 20th Street windows are used only and daily for the display of Watch these windows for Bargains in Fine Shoes on sale Bargains in Fine Hosiery, Men's Furnishing Goods, n Progress in come and new erowds are 1¢ Bargains in the City. Do not delay, her Oxfords, ; te 57,50 Pairs Women’s nd $3.00 Shoes, . 2, Pair « « 41,25 Calf, with spring heels 6 se oe *1.50 75c: 71,50 Main Floor. Saturdays During August. | | BME. — ress re ni The very thing to country or seashore. and rubber tired whee Dac-T-Ra Eyeglass Clip, 50c. Dows not alip, plach cr loaye mi at GO Weot 125th, near Lenox ave, ; ave., dist & 120 Ate. 2590 20 ave., at, DACHTBRA BROS,, opticlans, ‘solr patentee. —_ + DIBD. DUFFY.—On Tuesday, Aug. 4, loved daughter of John are ‘ ARY, Mary the bee OtcAn- Funeral Friday, Aug, 7% from her Into residence, No, 285 ave., Brook= thence to St, Patrick's Church, where mia requiem masy will be offered for tho wo of hor soul, Interment tn Calvary Cemetery. MCARTHY.—Suddenly, at his residence, 383 of the Colorado Fuel” ue -closiig prices of coro, Wore; | thankful I am.” Name given by Pos- 66 bid; Se; tum Co., Battle Creek, Mich, nd Sctabe 3 hig 00 00 "Sovambe | Send to ths Pombeny, for partion: .73 to ember, 745 k na uary, 974, irebenary, 9.78 to. lars y pelt ot extension of time on f z to 8 J. Ls Jerome, ‘Third has re- Weat 126th at., THOMAS G, M'CARTHY, be- Joved husband of Anha McCarthy, nee Murphy, Notice of funeral horemfter. Sunday World Wants Mi ‘2 So- Cares With Reclining Backs, best fashion of hardwood. Golden oak finish; cane seat; adjustable reed dasher; steel axles These Go-Carts are reinforced throughout Easy to push—easy to fold—easy to carry, Green Trading Stamps. 0 ACITY INITSELF I } »OOPERG 18"S19"STS., ‘ '4.00 take with you to the Every one made in the Is; green enamelled. (Third Pioor, Kant, 19th Bu) —————s | Laundry Wants—Female. BRIBNGBD gil charge of branch oft M pas Victoria Laundry, 72 Lake family ironer: Laundry, 1 family mer; youd Wague Farty; come ready to need familly troneray steady, ary B. 438 a Orb hea Ba GiTWa prvieiFea]_wulecy voaT@ines Eeterence, Alter 0, 18 Madison even