The evening world. Newspaper, September 11, 1903, Page 4

Page views left: 0

You have reached the hourly page view limit. Unlock higher limit to our entire archive!

Subscribers enjoy higher page view limit, downloads, and exclusive features.

Text content (automatically generated)

< PENFIELD COME - $3,000, 000L05T Man: Who ‘Came Out of the West to Merge the Clay Work- ing Companies Found Task » - Too Big. FHOUGHT HE WAS ONLY RIVAL OF J. P. MORGAN. His Schemes. All Failed, and Men Who Invested Nearly : $3,000,000 Want to Know a Where the Morey Went. ff Raymont C. Penfielg would have © Been content with’ anything short of being dalieved the only'rival to J. Pler-| pont Morgan, the merger king, the ored-| 3 f tors of the various clay working com- q panies which he started with some $2,-| 600,000 of thelr’money believe that he “would have gathered together an enor- mous fortune dn the next year—whether honestly or not they are not now pre- pared to say. Penfield ts missing. He left no trace ‘dehind him when he disappeared from his palatia) apartments at No. 300 Cen- tral Park West, the middle of last week. Tf no word is received trom him very Shortly, it 19 probable that private de- teotives. will be engaged to find him, tf ‘they can. At @ meeting of the principal creditors of the various Pen‘leld companies yes- ‘terday it was decided that he was want- e@ urgently. There are many questions ‘that alone can answer, and several @f the Yocal national banks want some ‘Very seriotis words with him. What be- game of the $2,000,000 or $9,000,000 which "is seemingly unaccounted for it is be- Meved tliat Penfield can explain, al- though it is not supposed that he him- elf profited to that extent. _ Whought Himself Great Man. “If Penfield had not thought that he was the great financter he imagined| WRimself and had had a dit more busi- acumen he would doubtless have millionaire many times over very shortly,” said George W. Murray, who its the oreditors, to-day to ‘an Evening World reporter. _Penfield’s scheme was most feasible, the same as any general merger of in- _ terests, but the°overreached himself in fils anxiety to do the gréatest things possible and failed . "I can hardly believe that the man Dimself pronted greatly personally, but ‘hls plans were 80 deep and so well laid that he would have had things all his ‘own way in a short time if he had not A more than he could chew,’ to use ‘much 49 known of Penfeld @onally, He came “out of the Woet” go comparatively 4s supposed that he had 01 like $100,000 to girls fe oes: It was ngan's the merger king was at holo to get control of some soompantes. He hypothecated *he acquired and bought more conceras until he ostensibly the major part of several con- Re-merged the three or Yompantes, he himself acting as owe, band merger manager. Keeping up this Plan Penfeld soon haa Several small Saute located all over the country and fn Mexico, and then he planned “his Pend consolidation of interests, Began “Kiting” Notes. +Tt ta here ‘that the story turns Degins on his failure. He Me erate ed his ready capital, tt 1s supposed, and must needs have more to make the etowning merger or he erred. He began “kiting” notes of the various companies, making each ose the indorser for the otter, and no tyin ae ere that he ‘himself ie] ly ave kept track of thelr He used up all the credi gerna and to supsiy’ oe" capital “began Bie erection of mammuth works at South ver, near Perth Amboy. Notes on tig IG Diant, soon to be completed at ume enopmous, outlay, were secured by the indoreements of other “selling compa- nies" which he organized. But he Unable’ to swing the deal, and when the banks began to be insistent for thele money he was unable to form any new Sompanies and was forced to quit. Such is the story as genera: Dy the creditors—the banks, 4h no position to be sure of lis as the only man ield—ca: t of the con- y believed ‘They are accuracy, ‘ho reall, ve—Pen- t be found, y Rpeweaten Ung of the majority of the nilerday At waa decided that 2 not wrecked th Propertiga and that they might wet oue of the ‘difficulty with comparatively @allvloss, It was decided for all to stick “together in the matter and not force,$he various companies into bank: ruptey, Ut M heljeved that the appointment of Focel¥bra ‘for the ‘droverties. will: have Bren iu in time tm prevent wrecking, ores ot creditors holding lugsled"’ paper throughout but It-ts not belleved that any of them seriously be- yehed au ie awe in the Already ‘the Ban \ Tourpoy in’ one ac, suspemied “on wer wouet af the receivershin, and Mr. Mue- Wi gala to-day that he feared one or wo more might have to close their doors. There Penfield’s * Four Companies Are Solid. here are at least four of the ten Pen- d anes,” aald Mr, Murray, “that solid and substantial and money ers, I do not see why they cannot Of all the Indevtedness of the oth- Nearly ‘all of the money Penfield by exchanging notes between the es was evidently put In enlarge. ‘and improvements, ag he was not for his final great merger, and the brovaments he m: the Ore e em. ould Keep on raising. He just ‘ar. Penfield had done was most and I bell i} be found wi ed Ananolering did eh, And yet it may re ‘an at soa and would terview with Pen- 10 bes SOME OF 7H. PECEY IS FRO HCKORIILL If She’s Really from Paris, Too, Why Did She Come Baok? Is the Question at Wallaok’s Theatre. ‘Everybody seems to want to go out.” “Well, can you blame thent Just a Dit of foyer repartee, mt was extremely warm at Wallaok’s last night, and then again—well, you heard what the other chap sald. Peggy may have been from Paris, but we're strongly inclined to take the Hickoryville view of the case. Why she came back Ade only knows, “Pegsy trom Paris" is oonfuston in a prologue and two acts. The prologue is the best. It contains an alr or two original and pleasing and a pretty med- ley of old songs. But after the piece leaves Hiokoryville {t loses all sem- blance of sanity—even “musical comedy" sanity—and the last act is downright delirium. ‘The report that the piece was a big success in Boston creates a suspicion that Boston must have left its ey Glasses at home and worn wool in its ears when {t went to see “Peggy.” Here Are A mes. There are, as may have been expected, & number of Adetsms, like: ‘About the time I lost. my ¢hird wite"— “Have you been up against that game three ry “There's nothing ele todo in Hick- oryvill “She was happy?” “Yes—for a married woman."— “Lizaie walked in her sleep, but her mother ured her—she gave her carfare before she went to bed.""— “1 would have had brain fever, but I had no place to put tt"— “Your husband is particular? I don't belteve {t.""— But the average Now Yorker—if not the Bostonese—will be disposed to mildly demur when Mr. Ade, speaking from t says: “Wo have had musical plays dealing with London, New York, Paris, Japan, China, Turkey, the Philippines, Egypt and various cannibal islands—why not Miitnols?" ‘Well, if Mr. Ade would like to know, there are lots of reasons, chief of which in® “Peguy. Hickoryville and Paris don't mix, and, to make matters worse, William Loraine has stirred in a pretty poor mess of music, Tunefulness, ex- cept for that arrangement of old-time alrs and the Inevitable coon song, be- ns and ends with Peggy's entrance song, which !s warmed over and served so many times afterward that even it palls on the taste before the final cur- tain falls on‘ some hifalutin buncombe about the Amerioan girl, ‘The most noteworthy achievement of Georgia Caine, who played Peggy, was to keep a perilously low-cut waist from falling entirely off her shoulders. ‘This young woman's art 1s confined solely to dressing, and she is to be given credit for making an extremely pretty poster of herself in her first get-up. Guelma Baker as Lutle, we nicely, an ming in @ pink-and-white kind , and Josle Sadler was droll as a Dutch girl. Allce Hageman, all lin and length, made Mrs, Montague Fish somewhat of an anatomical wonder, ‘The greatest stunt ot the evening, however, was performed by Helen. Hale, a nimble girl with a Hickoryville voice and Parisian legs, when she kicked silk hat into the lan of an auditor sit- ting dbout elght rows from the front, George Richards bore up manfully under the burden of barnyand humor heaped on Peggy's.pa, and George A. Beane, another former Hoyt tarceur, figured in a familar Gayboy role. ‘The chorus, which Jncluded a bunoh of fat-legwed little broilers, worked with a will, but there were times when the walking delegate of the faithful frst- nightera might reasonably have doubted that it and the orchestra belonged to the same union, ——————— 600 WATCH BEACH 8HooT, GAPE MAY, Sept. 10.~The New Yo Schuetgen Corps, which has here, had Ite GOA: ABeane Asd Al @8 “Mr-and Mrs: Mon: THE WORLD: FRIDAY EVENING, SEPTEMBER 11, 196%. — PERFORMERS IN “PEGGY FROM PARIS,” WHO, THOUGH BADLY HANDICAPPED, PRETEND THEY ENJOY IT. ce laa tage Fish? "L” AND SUBWAY LINKS FOR BRIDGES Elevateds That Switching Transferring. In @ report to Mayor and Lindenthal Proposes System of Will End Simplify Low Commis- sioner of Bridges Lindentha) tells of his plana to connect the East River wil four bridges over the surface, ele- vated and subway systems of the city, The plan contemplates cara over the bridges various A part of the same pl run from the Williams! the Brooklyn Bridge, away with somo of the the Brooklyn side, making a park of the place, thus adding to the beauty of Canal street from the Manhattan Bridge with transfer pointa to Second, “Third, venue elevated i and a trolley line underneath the Sixth and Ninth vated structure. {a proposed, with four tation every sixty the Commissioner., pacity of 15,000 seated one direction,” Commissioner Lindent ystems so that much of thi transferring now done will be avoided. As to the Brooklyn Bridge, be is in favor of a double-deck track for the structure with trolley oars w! the bridge trains now run and bridge trains running above them In regard to the tramMo over the Will- jamsbung bridge @ large etation at the intersection of Broome and lm streets oar train could depart from 16,000 standing passengers per hour in the running of and upon the he say: an is a loop to burg Bridge to and the doing bdulldings about stem through tracks and five seconds,” says “This means a oa- Passengers and hal informs the Mayor that he ts still committed to the moving platform idea and wants @ mov- Ing platform over Willi jamsburg bridge going into a subway extending down the Bowery street. This platform, would have a capacity gers an hour, ee A New and Prett; flinging rice after a d ton of being struck by ‘An eff ent idea Last week witnessed two mem Of departure arrived for ‘they bo Shoes made of silver outside. with the Pistia, eid ae jal, Got ies be more a , Not a pleasant one, according to th timony of those who have experienced t ‘ort waa once made to popularix the use of confett! instead, but the lal seams the grettiont ani the weddin, to Park Row and Nassau he ostimates, of 70,000 pasnen- 7 Custom, (From (he Philadelphia teedger,) It is pleasant to hear that ‘honored but scarcely eensible custom of eo time- departing bridal couple ig being atandoned by the fash- fonable people of London. "The eonsa- evaina of rice ts beat, ic of rg of the English nobility in St. Mark’a Ghureh, and when the time bride and bride- arded with tiny er and inscribe: “Good Tuck,” of the same tition (oa ? "DOrAS TZ BIC SYND Certificates at AlanzoPhamme? ICATE (5 DISSOLVED United States Realty Company Announces that Surrender of Cause Money to Be Paid Over. will The dissolution of the United States Realty stock syndicate was announced this ‘morning, coincident with a drop in the stocks, participants’ having recelved notice that upon presentation and sur- render of thelr certificates of participa- tion in the syndicate to the Central Reaity Bond and Trust Company the holders will recetve the stock and cash te which they are entitled. ‘There has been talk for several days of the Likelihood of thls syndicate, agreement, the dissolution of among other Items of gossip about the realty company, though the syndicate, was to remain in existence al- by tte original until the first of November. ‘This syndicate, which: rafsed $11,000,000 for the United States Realty and Con- atruction Company when it was first or- ganized, the Hyuitable Life, thi consits of Haligraten & Co., @ Mutual Life, the National City Bank, the Central Realty Bond and Trust Company, the Central ‘Trust Company, Charles M. Schwab and other United States Steél interets, and, Mt is understood, had in dt representa- tives of nearly all the prominent inter- este in the etreet. \According to report, the syndtoate got one share of preferred stock and halt a @are of common in every hundred dollars the company for 4n cash it put up. With Realty common selling about 6 and preferred @ little above 3%, preferred having made a new drop this morning, the mai the stocks represent oni: cont. of what the syndioate m up ih cash. low record in ite per imbers put The drop in the stocks this morning was various): ly, attribu eral and to the belie: tion of the syndicate of the stock that thi ted to talk in gen- f that the dissolu- meant that much © members of the syndicate will now have to ta will be thrown on the market, Ak? OVE The United States was incorporated lest y Its capltallmation is $96, $30,000,000 Ia 6 Bey. lative preferred, ‘The new. compan; A. Puller Now York Realty Co: in the reaity busine Minnte Dillon, thirt ployed as a laundress J. Tilden mansion at No. Park South, which Doarding-house by a found In bed t ease brought on by cause, according to Realty Bond and Trust Company, the Coroner. Realty Compan; ear in New Jer 000,000, of per cent. ‘oumu- merged the ‘ Construction Com, Shige DY and th, Tporation and tone es of the Centra) DIED FROM OVERWORK, ty years old, em in the old Samuel 1 Gram ig Row, fin ag . Briggs, was jo-day. Heart dis, ‘overwork waa the STOLE HUSBAND'S KEY, ENTERED FLAT Young Man Surprised While Rummaging in Mrs. Ayar’s Room 1s Held on Double Charge in Morrisannia Court. ‘Mrs. Ida M. Ayers, wife of Henry C. Ayers, a carpenter, living on the top floor at No. 34 Third avenue, was awakened about 3 o'clock this morning by Pamneaentine about in the room. the stranger was her huhwband, Mrs, Ayare ent up in bed and said: “Is that you, Harry?” “Yes; go to sleep," was the reply. ‘The strange voice caused her to leap from bed and run to the flat of Mrs. Catherine Myland, across the hall. The two women returhed to the Ayars’ flat, but the Intruder had gone. They hur redp to the firet floor and looked up and down the street, but could see no one. Then Mrs, Ayars mounted guard at the front door, and Mra. Myland at the rear, until Polfceman O'Donhell came along. He searched the house and found @ man hiding under the cel- lar stairway, ‘The prisoner give his name as Mar- ‘tin Mahon, twenty-one, of No. 4 Hast One Hundred and Forty-second street. He was arraigned in Morrisania Court to-day, Mrs. Ayers, who suffers from CHANGES: FAITH Rev. Archibald H: Bradshaw, Or. Burrell’s Assistant. at the Marble Collegiate Church, Be- comes an Episcopalian. WILL TAKE UP NEW WORK IN PENNSYLVANIA TOWN, He Had Become Well Known Through His Wark Among the Guests of the Great New York Hotels. y Rev, Archibald H. Bradshaw, assist- ant to Rev. Dr. D. J. Burrelh of the Marble Collegiate Church, on Fifth avenue and Twenty-ninth street, has renounced his faith, As a reformer the Rev. Bradshaw has become a prom- {nent clerical figure not only in this olty, but all over the country. He now puts upon himself the vestments of tho Protestant Mpiscopal Church and will oon leave New York to take up his work in a small Pennsylvania city. Rev. Mr. Bradshaw d!d as much for the reputation of the Marble Church as he Actors’ Friend did for the Little Church Around the Corner. The field of labor was different, however. One Pastor became famous for his kindly feeling toward the men and women of the stage, the other because of his friendliness to hotel guests, Ww Among Hatels, Realizme how great the transient Population of New York ts and how many hotel guests are practically -with- out home or religious aMllations when In this city, the Rev. Bradshaw set about a plan of operations which would bring those who are plously inclined and who are stopping here on a visit within the scope of his daily religious, Jabors. Marble Church has housed more hotel guests than any other in New York. Tall, broad-shouldered, with the ap- Pearance of an athlete, the Rev. Brad- shaw sat io the vestry of the church and talked to an Evening World re- porter to-day. “I do not wish to go into the detail of my conversion to the Episcopal faith,” he said. ‘But it is no sudden step on my part, no religious inspiration which has) taken me out of the ranks of the reform. ers. I have contemplated the change for some time and have studied for months and months before my announcement was made. I charge it all to evolution. A natural and developing growth of my re- Nglous self. Won't Make Excuses. “I decline to make excuses on account of the people of my congregation, all of whom I love dearly. “My ancestors in Wngland were all members of the Eatab- Mshed Church, and NM is really a return to the first and firm belief upon which my faith has always rested in spirit. “But, really, in point of fact the fun- damental principle of the reformers d not materially differ from the primal Church, We all enter the same door to secure our salvation. The method and ‘heart trouble, was too ill to de in court and her husband made the com- plaint. (He recognized Mahon as a young man with whom he had been drinking in @ saloon near his home during the evening and where he had fallen asleep. Wien he awoke he found his night ke: e. When fas sha Fat a at a. was held for examination in Baker. Mabon $500 ball by Magistrate About the Comet of Borelli. (From the Obicage News.) ‘The first reliable news as to the comet comes from Montgomery, Ill, where Chartic Bliss, editor of the News, sets it forth as Collows: ‘tA French nemed Borelll has lost. ie comet. .pped 1e ter 1@ of phpht dn travelling at the rate of about a mil- lion miles @ second In a parabola, Tt (would have taken an automobile, but ‘are too #lOW. A parabola I6 a celes- and is ast. I¢ its two ‘tadle very Teo # an elapse Bets, Gyant, and you siti ribbon in her be found near Dpee- a 2 e at her ry 3 if Look Aristocratic! If it isn’t in you it’s in a Young’s Hat. The result’s the same. Price looks good, too. management is different. That is all, It 1s not 6o much @ matter of law and right and faith, but of politics—not the plitics of government, but the politics of faith.” Farewell Sermon Next Sunday. “E have been in communication with Bishop Talbot, of the diocese of Central Pennsylvanie, and it will take @ year and @ half before I can become an or- dained priest of the Hplscopal faith. A year will pass before I can become a Geacon. On next Sunday nignt I shall ‘preach my last sermon ‘to my congrega- (lon, and then go immediately to Phila~ delphia, where I shall take @ course of lectures and begin anew my old stud! I phall shortly be attacked to some church as layman.” Rev. Mr, Bradshaw was anxiously sought to-day by Dr. Burrell. As the assistant of the Marble Church was out for a long walk, the pastor did not find him at the church at the usual hour. ‘Mr. Bradshaw, in his college days at Princeton, was a football player of some renown, He has always thought and view of the broad side of the moral of his serm Reese Screen the hig! ution ‘views ‘him. with the dee} ‘and most heartfelt respect. ——==>__—_ J@TT’S FRIENDS INDICTED. CYNTHIANA, Ky. Sept. 11~The Grand Jary has indicted qtroky gin" ack, Bollinger and C. C. Adams Pack, Georse they westloda ia. thetteoent sour trlals, attempting to prove an alld! tf for Jett. principle of the Protestant Episcopal | - FAMOUS PASTOR {TUGBOAT RAMMED | “omer we: fi FERRY I HER SLIP Two Woman Passengers, One with Infant in Arms, Were Se- verely Injured and-Had to Be Sent Home in Cabs, The Lackawanna ferry-boat Ham- burg was run into by the Pocahontas Coal Company's tugboat eBrwind this afternoon just as the ferry-boat was entering her New York slip on her 12.90 o'clock trip. Ther were only twelve Deasengers aboard, but of these two bruised. They were sent home in cabs. ‘The ferry-boat. had her nose in the sip when the tug struck her in the starboard side amidships at full speed as she was running up the river. The guard rail, angle irons and flooting of the women’s cabin were torn away for about: thirty-five feet. ‘The boat's hull Was, po ed, although ste will ‘The two Women—Alrs. Certrude Kelton of No, sa Willow avenue, 1 M roe street, Hobo! at. the time, Both were Hurt by the flying timbers. Mra. Del, had he three-months-old baby in her arms.. Thi child was struok on y a pleci of falling Wood, but was not seriously hurt, ‘The ferry-boat captain lala the blame to the tugbont master, as the collision | happened inside the $00-@ot line,” which the ferry-boat right of way over. fairway bad the ete women, who were scratched and|tion that et; ever lost his ments or fights, His verbial, and he & cheerrul gr and pleasant smile for all. The composer of popular music readily recognized value of the name “Peaceful Henry itney-Warner {ng Co., of Detroit, who have put so many nomena! musical -siccesses on the mar- ““Misalsalppl v= ny pet humming while it ts being played ts tmpossible. ceful. Henry” is certainly great. A BOYs’ SUITS, BOYS’ tures and blue and 7 to 16, black chevi and silk ties. AMERICAN BOYS’ FREE thousands of youngsters, is entire], patrons, »<W! he gets a membership card entitl! 279 Broadway. 47 Cortlandt St, STORES. Boys & Parents School opens Monday! ever is the boy to wear? Some, thing serviceable, natty and in- expensive, suits we sell. suits are beauties. “ EXTRA KNEE PANTS, double seats and knees, in solid colors and mix- tures, 50¢. quality ....,esss0« 2-PIECE DOUBLE - BREASTED NORFOLK SUITS, ishly made in neat-patterned fncy mix- s, sizes BOYS’ SAILOR BLOUSE SUITS in brown and gray mixtures and all-wool serges— brown, blue, &c.; embroidered ornaments All sorts of good suits from $1.95 to $9.00. In each of our stores, a library of 300 books by popular au- thors, including Henty, Optic, Alger and others whose stories delight hen .2 boy buys a suit, or even a This he may exchange at any time for any other book by’simply presenting his membership card. Ask for FOUR CONVENIENT “Get the Habit.” TTENTION! What- Just the kind of Our new school ee te 39c Our Price $950 Value $4.50, CIRCULATING LIBRAR®® styl- ly at the disposal of our young ain of knee poe ling him to take home a Kk the Ibrary Catalogue, e 211 and 219 Sixth Ave, 128th St.. cor, 3d Ave, alllshed 1857. 144 BOWERY, “ Bowery Savings Bank Block.” Bet. Grand and Broome Streets, north “arandust, uation, weet side ot street, Our goods do the talking for ws, and the low prices we ask should cer tainly tempt all intending purchasers. Gentleman's Belcher Ring. Pu, while dia: mond: Jetta,” 8"? $93 DIAMOND ENGAGEMENT Did you ever walk along a road and stop to dsk a countryman how far you must go to reach a cer- tain place, and whether you on the right road? Si And did the countryman answer:'|* “Ye-es, yeou're on the right an’ T reckon {t's jist it ginael in) of a mile? lhe And did you proceed on’ your three-quarters of a mile and then another countryman, and receive th answer— ig “Ye-es, yeou're on the right Md its "bout a half @ mile ciniead on?" And. so on, till you had interro- gated three or four natives, all agree- ing that you were on the right ‘road, but slightly disagreeing as to the die- Just so with the Business tunities in The Morning World. 1 may take you one, two, three or days to find the exact you are looking for, but you're on th right road, and you will come uy particular Bouse and for a printing » live are tor Mees to purchase a 1 and 8 hotel man wishes Looking under 5A Se

Other pages from this issue: