The evening world. Newspaper, November 20, 1903, Page 1

| “Circulation Books Oper to All.”” | | “ Circulation Books Open to All.” | PRICE ONE CENT.}| NEW YORK, FRIDAY, NOVEMBER 20, 1903. TEEL BONANZA OF MORGAN'S FACTION AMMZES THE STREET he Two Syndicates Organized by the Financier and His mote Company and Convert Its Bonds Obtained a Profit Friends to Pro- of $68,000,000, T UP ONLY $45,000,000 f TO GET ENORMOUS RETURN. hreats of Stockholders to Sue the Syn- dicate Believed to Have Caused a Dis- continuance of the Bond Conversion Scheine of Steel Trust. )? HOW STEEL PROVED A BONANZA FOR THE MORGAN SYNDICATE, sooo $12,142,735 Profit on $110,388,500 stock converted by Morgan & Co, Commission on $20,000,000 of stock bought for cash. Four per cent. commission on the remaining $150,000,000 of BLOCK. eeeenncwoen wesssecccenne secccesestersecersertesetees Total eereocesenessreese sevens Paper loss to syndicate on the $20,000,000 cash purchase.., Net profit on bond conversion scheme on an actual outlay Of $20,000,000 ..ssereseeererrneerereeres Profit to promoting syndicate on $25,000,000 cash advanced... 56,000,000 see $12,942,735 'ffotal profit on the $45,000,000 cash advanced,...5++.+++s4++++ $68,942,735 ‘All Wall’street is talking to-day about what a good thing the United tates Steel Corporation has been for J. P. Morgan and his friends, no matter what it has been for the 94,000 stockholders, The two steel syndicates, the first formed to promote the company, fand the second to convert the stock into honds, put up $45,000,000 in ash. On that investment they cleared $68,942,735, or about 155 per fent. on the actual cash advanced, SCARED BY THREATS OF SUIT. The threats to sue J, P. Morgan & Co. for the return of the profits ‘gaade out of the bond conversion plan by dissatisfied stockholders is be- Gieved to have caused the discontinuance of the conversion plan. ‘That the conversion plan is legal has been decided three times by the}: eourts, The ground of attack upon the conversion syndicate was that, orp fwhile a member of the firm of J, P. Morgan & Co., George W. Perkins, Who | Sorokanta, qwas also Chairman of the Finance Committee of the corporation, used his; Sj Anfluence to cause the signing of the contract that enabled his firm to make That is, he contracted with himself—to the detri- gment of the interests of the corporation and to the loss of the stockholders to take money from the company in the way of fees and commissions ‘hat by rights and in equity belonged to the corporation. MAY STOP PROPOSED SUIT, ‘The general opinion on the street was that with the ending of the (Morgan contract with the corporation ended all danger of a suit to recover the profit made by the syndicate, ‘The profits made by the first syndicate amounted to $56,000,000 in round numbers, The syndicate agreed to furnish the steel corporation $200,000,000, but was called upon for only $25,000,000 so that the profit upon the actual {investment in that case was 200 per cent. The operations of the second syndicate will result in the Steel corpora-| isn {ion increasing its cash surplus by $13,200,000, when it was expected that tthe result would be $50,000,000 in cash. This is but a little more than the| % profit tha, the Morgan syndicate has made out of the conversion, NICE PROFIT OF $12,000,000. ‘Tho syndicate has converted $10,388,500, upon which an average profit of eleven points was made, which amounted to $12,143,785. On the $20,000,- 000 bought for cash the syndicate recelved $800,000 in commissions, and on the remaining $150,000,000 they received a commission of $6,000,000, This made a profit of $18,942,735. On the $20,000.40 bought for cash the syndicate | Jost about $6,000,000, so that the net profits amounted to $12,942,735, All these facts were freely discussed, and there was a difference of opin- fon as to the position of the syndicate in the eyes of the law, 20 SETTLE SHIPYARDS CASE, Confirmation of the report published in The Evening World yesterday that the warring factions in the United States Shipbuilding Company are preparing to get together was had to-day in the announcement that repre- sentatives of both sides have had several conferences with James B, Dill, great corporation lawyer. < ‘Neither Mr. Untermyer, representing the protesting bondholders, nor the lawyers representing the Sheldon reorganization nlan have been to see Mr. Dill pereonally, but they have sent emissaries, and it is understood that ‘an important conference was held this afternoon, Mr. Dill'ts counsel for the Trust Company of the Republic, whic} holds $1,000,000 of the securities of the Shipbuilding concern. Delleved that a reorganization plan that will eatisfy all parties concerned qwill be worked owt. There is a general opinion that under competent, care- dul management the Shipbuilding Trust can be made a these immense profits. ‘With his atd it is CZAR FAVORS PANAMA. GT, PETERSBURG, Nov, 2.—The of- Melais of the Foreign Office hero say sRussia will doubtless recognize Panama Wn due Ume and will Rruollon “ot fa. neutral, cana F Hi nthe gen cerived therefrom, ita: ENGLAND AND ITALY AGREE. LONDON, Nov. 20.—It is underatooa | Bmulnence 1 that as a result of the conference be- | canal 10 downe a perfect ached ty Britain And gialy on movies, sting quit. their fo policies, nd just Iasted- long enough to beat tion, Asthma and Bronchitis. Guareates. MASTER PRIN AT 30 101 Long Shot Gets the Money in Second Event at Bennings— Conkling, at 20 to 1, Foilows; Him Home. ANOTHER OUTSIDER, POMPANO, WINS LAST. Tow-Ropes Field, Galloping In Fifteen Lengths to the Good —Judith Campbell Beats Big Field in Opening Dash. THE WINNERS. FIRST RACE—Judith Campbell (even) 1, Red Damsel (7 to 1) 2, Sam Craig 3. to 1) 1, Conkling (20 to 1) 2, Belle of Belle Mead 3. THIRD RACE—Gcldsby (40 to 1) 1, Draughteman (8 to 5) 2, Allene Abbott 3, FOURTH RACE—Alpaca (4 to 1) 1, Drar.etist (6 to 1) 2, Mono- graph 3, FIFTH RACE—Merry England (4 to 5) 1, Buttons (11 to 10) 2. Only two startors. | SIXTH RACE—Pompano (7 to 1) 1, Miss Melton (16 to 1) 2, Yellow Hamner 3, (Soectal to The Evening World.) { BENNINGS RACE TRACK, Nov. 2— The programme at Bennings this after- noon, while not so classy as that of yesterday, was very interesting. There Was one race which promised a meeting between Buttons and High Chancellor at seven furlongs, with Toscan and Voxy Kane also carded. This race alone would be worth going a long route to see, for Buttons and High Chancellor both have a world of speed. The attendance picked up a bit be- cause the weather moderated. ‘The ranks of the bookies are badly decimated, They have been slaughtered since the meeting began, an unprece- dented number of favorites winning. ‘The track was in excellent condition. FIRST RAC! Six and a halt furlongs, Columbia course. Hie Fin, ‘Stn Te wo 1 net Starters. wats. jockey Judith Campi O'Ne Mary Wort Mart Mullen Brincelet. Belgadl 2 i 41 100 } L. Welbeck, 107, Houtire 14 40 | avon, 107, Barbee... 1 oo Paul Sn ttord Vewiart 12 Henry Clay’ R 116, Blake i Squid, 09, 'D. Ly Taraxon. 09, Start good, | Won 3, Judith Campbell raced to the front an Stayed there all the i by a length and a ba m= sel, who was second all the way. Sam Craig was thin, a head away. SECOND RACE. Five furlongs, Columbia course, Betting. Starters, wets SUINEFIn, Str. PL Mastur Pr TT aie Ce a 1) Conk 42% tb 8 10 2) gh oT 5.8 ff 8 th 8 S$ 09 oo foot mae Ce 2 OR oo8 5 3 a 6 tier 04, Rou Ce ee ver Foot. Ti 5 A SN hae | Codar Rapids, 12 12 2 4:5 Mian Shylock, 13 13 100 “30 Her, 14 4140 12 *F “ert 5 UK 40, i 100 40 i 7 18 oot a ‘Time—1.03, e running, fol- her Leaf’ and hela this » Conkling moved up | Master Prim held h , and won driving ling, who wa of Belle of Bi ‘ THIRD RACR, Mile and three-uyarte er nove oetiilesend jarters, over neven flighty Starters. wats. Jockeys, Bains: Goldaby, 140. Holriek Drowehiamane 140, St.HitFin. 74 | and won ea: Gould and Draughtsman alte the lead to the far turn, where Gould ropped out of it, Draughtsman then went to the front and showed the way | to the stretch, where Goldsby cloned, | and in a hot drive Goldsby won by it head from Draughisman, who peat} Allno Abbott elght “lenghts” for ‘the | place. | uted in FOURTH RACH, One mile, Columbia course, Betting, Btarters.wats Jockeys. St.¥ a has Alpaca, 08. Relnhetiner. 8 4 Dratnatist, Monograph, Beortlo, 104, H Picodwink. 07, Demurrer, 1 100 Start poor, | W . Time—t Memurrer. and Alpaca raced in 0 order to the stretch, where Demurrer Alpaca then took up the runninj house here. He w | Haven was at varous times connected as di- churanes in cago and Cleveland. MAN ROASTS NO DEATH ON THIRD RAIL Felix Henderson was killed by the third rail of the Fifth ave- nue “L” road, Brooklyn, late this afternoon. He was repairing a wire near Atlantic avenue when he fell across the third rai! and was roasted to death. Hendrickson was thirty-five years old and lived at No, 53 Third street, Brooklyn. a BIG CHICAGO STRIKE ENDS. CHICAGO, Nov. 20.—It was stated unofficially late this . atternoon that the street car tie-up:had been settled SECOND RACE—I/aster Prim (80/the men would return to work to-morrow. The cate wi been left with Clarence Darrow, reprenting the strikers, and Col. Bliss for the railway company. The men, it was stated, had reached an agreement which was indorsed by both sides, The Post later in an extra says it has been settled that the street railway strikers will return to work to-morrow, eigen LATE RESULTS AT LATONIA. Fifth Race—Princess Lucille 1, Eccentric 2, Vallarambla 3. Sixth R&ée—Lubin 1, Drummond 2, Kilmorie 3. EX-SHERIFF 0’BRIEN WINS IN DIVORCE SUIT After Three Hours’ Deliberation the Jury De- cides that His Accusations Against His Wife Were Founded on Fact. ‘The jury, after being out three hours, Inte this afternoon found a vertot In favor of ex-Sherift James O'Brien, an SPECIAL EXTRA. Atyoroe trial of ex-Sheriff James O'Brien! and Abby [lla Cook O'Brien, and to- day was given up to speeches by the lawyers for husband and wife and the HORN 1 HANCED, PRAYER ON LIP Noted Wyoming Desperado, In- dian Scout and Cattle Detec- tive Is Executed Despite! friends’ Threat of Rescue. JAIL IS SURROUNDED ‘WITH STATE MILITIA. He Finally Broke Down, Pro- fessed Religion and Went to His Doom Without a Tremor —No Attempt to Free Him. CHEYENNE, Wyo.. Noy. 20.—With prayer on his lips and his boots on, Tom Horn was hangod to-day, and tho} last of the bad men of the present) generation fs no more, | Outside the jail yard in which Horn| was hanged stood the militia of the, State in a cordon. Inside the jail yard were more members of the guard with their rifles rendy to prevent any at tempt to rescue Horn. About the town were a hundred men, friends of Horn, willing to take any chance to prevent the hanging, but who saw the impossibility of a resceu under the conditions that prevailed. Horn did not turn to religion until the very last. It was only after a choir had sung for him and the Rey. Mr. Watson, of St. Mark's Church, had In- bored with him that Horn said he «aw things differently and knelt down and prayed. murders to his credit thai any man in Wyoming ho had friends by the hun- dred. He was chief of scouts in two cam- paigns wit Gen. Miles—onte when Miles went after Geronimo and got him, and again when Miles went to Porto Rico. Horn was a hired slayer, and most of his murders were In the line of what he conceived to be his duty aa & special officer hired to exterminate cat- tle rustlers, ‘Tom Horn was born in Missour!. 26 father was a trail blazer from Ken- tucky. The old man was a cattle thfef, | train robber and 4 Missourl bad man | of the Jamés stripe. He turned up his toes soon after the war, leaving the boy to grow up and drift west. Tom Horn started a# a cowboy when the cattle thieves were plentiful and fights were frequent. He has said he did not kill any one until he was twen- ty-six years old or about fifteen years swering “yes” to the charge naming| lawyers for each of three or four of the| Paul Sulth and George Powors, and| co-respondents, r . ; a vas Lt a the} no" to all the charges against O'Brien,| Ex-Judge W. M. K. Olcott, forl greeter Armen Babine energie ‘The ex-Sheriff will seek his divorce} O'Brien; Robert L, Turk, for Mrs.! inc tine from EH: Paso, Horn did the! from another Justice in a later action.| O'Brien, were unlimited in tee, Dut! Snooting and swam the Rio Grande to ‘The testimony by forty-three wit-|the lawyers for the co-respondents|2rr away, ‘The fight was about a wom-| nesses during the last eleven days was all given in the divorce and counter | which to earn their retainers. were allowed only ten minutes each In| Dramatist a head, the latter beating Monograph by a head. FIFTH RACE, Seven furlongs, Columbia course, WILL OPPOSE GOMPERS. vy Engian by the Labor Federation, and head to the § ‘an out. Merry England then came on lengths. One mile and old course St.HIf.Fin, ry a3 4 B86 jockey Saliahan @ | 2% Walsh 1 18 ‘ALB ae be} 8SeeenBaran=" the convention, with Py as the candidate for President. Bro Lanuspur,' 00, Jeun Ban Rem Start Koo. to-morrow if possible. 5. Entries for To-Morrow on Page 2. WINNERS AT LATONIA. (Special to The Evening World.) LATONIA RACE TRACK, Kentucky, Nov. 20.—The races scheduled to be fun here this afternoon resulted as fol- lows: First Race—One mile.—Won by Choice, 10 to 1 and 4 to 1;,Barney Burke, 4 to 1 for place, was second; Moor was third, considered, was adopted. Then He Died. >| Time—t.44 1-4. to the Hudson Street Hosspital to-day Second Race—Five and a half fur!and told the clerk in attendance that longs—Won dy Jim Ferrin, 10 to 1 and he had inhaled gas from a gas stove 4 to 1; Trovator, 8 to 6 for place, Wasnt his home, He was admitted, but died second; Rhyme and Reason was third, Time—1.10. Third Race—Seven-elghths of a mile Won by Jigger, 9 to 10 and 8 to 10; 8 to 5 for place, was secon: ling was third, ‘Time—1.30 1-2, Fourth Race—Short Course,—AVon by, Galba, 0 to 5 and 3 to 6; Volantine, to 1 tor. place, was second; Faraday Jr. was third.’ ime 8.03, COMPOSER DANKS DEAD. Well-Known Singer and Writer Found Lifel in Bed, PHILADELPHIA, 20,—Hart P. Danks, a musical composer of national and formerly a noted singer, bed in his boarding- seventy-nine years Danks was born in New He began the study of music ghortly after entering that institution, a GOOD BANK STATEMENT. have made a net Against 114,197,600 lost last week. Movement between the money and «ry tivity. Further recel it is almost Impossible to forecast. — ROBBERS TERRORIZE TOWN. MARSHALLTOWN, Ia., Nov. Compelled to remain in their repute, was found dead |i old. Mr. at an early age and was the composer of ma old-time popular songs, in-| the villaze of Green Mountain, Don't Be Angry With Me, and “Silver Threads Among sions before daylight to-day. the Gold,” Hoe also wrote much church music and morse Bank Building. yrominent rector or basso soloist with N lyn, Chi- Kh foe 00) and escaped on a handcar, —<—<—__— ‘Take Piso’s Cure for Consumpt Itewill cure your cough, All druggists, 2c." s Hght appeared. ‘The Fr. John’s Mediol) Cures Con! p= er Socialists Against His Re-Election BOSTON, Nov, 2.—It was announced | Informally this afternoon that the Ro- n clolist delegates to the American Fed- eration of Labor Convention had held a caucus and had decided to oppose the re-election of President Samuel Gom- pers, placing a complete ticket before Ernst Kreft, of the Philadelphia Central Labor Union, The convention will hold a session this even- ing so that adjournment may be reached The recommendation of the committee on executive council that all matters not settled by the convention. in which jurisdiction disputes have occurred, be left in abnyance for one year in order that the questions may be more calmly DYING, WALKS TO HOSPITAL. Wright Sni@ He Had Inhaled Gas, Frederick Wright, fifty years old, went | The outlook for a good bank state- ment this week is good, The banks joss of $620,000 as interior and New York showed a gain of $114,500, proving that the tide has turned and that from now on the flow of cash wiil be toward New York. This means easier iter stock market ac- pts of gotd during the week will make tho statement show a gain in cash. Just what the deposit ‘ount and the loan account will show 20.— homes under threat of being shot, residents of ten miles north of here, heard three explo- ‘The ex- plosions wrecked the Green Mountaio robbers ran through the streets, warning the people to keep indoors and shooting wherever robbers secured an. There was a price on his head for ‘awhlle and then the affair waa forgot- ten. He then turned up in Arizona, Horn Helped Gen, Miles. He had lived along tho old trail of the Santa Fe road, He had beon in the laads for which Geronimo started when Miles decided he had to be taken, Horn! went along, or rather, in advance, an chief of scouts, He followed the old Indian night an¢ day, and finally at the grana windup Geronimo was taken. Miles knew Horn was a bad man, but| he iiked tae way he worked, the head of a gang of men to stop the rustlers had ooen running of tle. They did. ‘They we about it that finally the gang was taken troops. Daings were q turn at driving was held up a e Overland stage. He ne of th and it from any road agent was Lhe loss of two Killed them, the company hav: price on ¢helr heads. It was While he was waiting to Kill old man Nickell for having been the head of a band of cattle thieves that he committed tne crime for nh F He had loo: B pura Command a view of the door of the old | Cattle titef's house, when Willie Nick- a lad of elghtoen, found him, Horn was mad at having been beaten’ out of | his shet at the old man and shot the voy. Confessed His Crime, In a burst of confidence he told the story to some United States marshais, and he was arrested, tried and con: Victed.. Horn did not attempt to ales prove the charge against him. Hoe said it w in the line of business and Killing was bis business, ‘The cattlemen of Wyoming, who from time to time pald Horn mosey to fight cattle thieves, and who never asked him what became of the men” who! had been with Horn and others, banded together to try and rescue him, The a would never hang Vvernor and the militia pout the Jail tu prevent hi ny re Horn was a humming. dird on the wing with a re drew ay gun ‘except to wu never will be known: killing two at one time Killing three and wounding five other time. ‘The express compa. him for & couple more and in the paign against the cattle thieves a. fe Years oxo a dozen men were killed Horn and hie crowd, Horn did hi share in this round up. He got $900 for, WEATHER FORECAST, Forecast for the thirty--'x hours ending at 8 P, M. Saturday for New York City and vicinity: Falr to-night; Saturday partly cloudy and slightly warmer; fresh to light westerly winds, becoming variable. Despite the fact that Horn had more| | Justice Roesch. It was also in Italian. 1 Horn then turned up in Wyoming at cat: | so viclous | out of the Territory under an escort of | fet_and Horn took aj} was his ooast that the worst he ever got | leaders, AK en express driver he was valuable. He killed a couple of road) agents and trailed a couple « 6 and | of his capture he said an Italian in the gang of kidnappers had who argued for the death of the priest drunk. translate . it, is in the Sicilian dialect. and detectives guarded his home during the night. The letter was ten on cheap ruled paper and was similar in many respects, including th writing, to those that have been received by others in the Bronx, that an Italian boy named Popolizio, had told his son that he had seen shot; could nit a/Father Joseph walking with two men on the night he disappeared and had said “Good evening, Father,” to him. He had also seen a baker’s wagon it. How many men ‘Horn killed two horses standing in front of Mr. Lamb's house in Fourth evenue, and had tried to make him deny the story, which was true. Thy he had seen the priest or the wagon, to have sent threateneing letters to a number of persons in the Bro for the work of the police, One of them, in speaking of the affair, first. To cover up their own inefficiency they have tried to cast 4 upon the character of Father Joseph, who is loved. by all wha | When given clues to work on, as in the case of the who me Joseph that night, they have tried to throw them-dows. MAFIA LETTER NOW 1 SENT TO PESTS FATHE Civil Justice Roesch Visits McClusky and Convinces Him that Father Cire ringione’s Story Is True in Eve Detail—More Detectives on Case. It Had Been Announced that He Would Preach on Sunday and Tell Congres gation of Plot Against Him, bu Doctors Say He Is Too Nervous. Civil Justice Roesch turnea over to the police this afternoon at supposed Mafia letter received by the father of Father Cirriny kidnapped priest. ¢ The letter was addressed to Antonio Cirringione, of No. 300 Seventeenth street. The envelope was addressed in that manner, bu letter read: - “Father Cirringione—No more explanations. No more. lose your life. Same as this mailed to Judge Roesch. Saved life, Will be against. A. B. Cy The handwriting was the same as that of the letter add ts 5 roe For two sours Justice Roesch conferred with Chief Inspector of Dé tectives McClusky an.. after tne interview McClusky’s scepticism of priest’s story of kidnappers changed tc one of ardent belief. i He at once ordered additional detectives to go to work on the case. E He took charge of the first letter which the Justice received and which few hours before he had said he did not want. y Evidently the opinion the police held on the case changed with thé visit of Justice Roesch to Headquarters. The second letter to the Justice is simply one more of the many developments which have gone to su stantiate Father Cirringione’s remarkable story of the kidnapping, his imprisonment and release. No facts have been presented to refute story. ‘ erate {t was announced that Father Cirringoine would leavé St. Vincent's Hospital to-day and would celebrate mass at his church on Sunday, the doctors late this afternoon decided not to release him. “He is too nervous to go away to-day,” said Dr. Rourke. “He may “T cannot discuss his case further.’ Ree Archbishop Farley had instructed the hospital officials to release the — priest if he was mentally and physically sound, ‘The first letter was received by Justice Roesch last aight. This letter, Ile those received by the priest and others in the Bronx, bears the mys- terious signature “A, B. C.” “ LATEST MAFIA LETTER. ‘Tho letter was not a threat against the life of Roesch, but-was intended as a warning for Father Cirringione. It read as follows: “Sir: Tell to Father Giuseppe that he shall not speak any more for his life shall answer. “A. B.C. ‘ “T have saved his life. Now lamagainst him. A.B.C.’* It will be remembered that when Father Cirringione first told the for him when it was proposed by other members of the gang that he be killed. This Italian procured whiskey and got the one member of the The wording of the letter received by Justice Roesch would indie that the author of the missive is this Italian. WORK OF ITALIAN. The letter was written in Italian and, according to an expert who It was at first construed as a threat against the life of Justice Frank J. Holahan, who lives in Williamsbridge, told Justice Young Popolizio also told the Holahan boy that the police had seen | ‘The police are now seeking an Italian named Correnti,, who: CRITICISE THE POLICE. The friends of the priest are bitter in the expression of their “The police have tried to discredit the priest and his