The evening world. Newspaper, February 11, 1904, Page 11

RT EP ITE EEE sheen yey terre cee ere crnenenen en a worm: Troy BEING. FEBRUARY 11: 1904, STEEL TRUST HIT (STOCK BULL, SHOW IN DIVIDEND SUIT Stockholder Asks Court to Com- pel Big Corporation to Show! Cause Why Common Was De- creased, Then Cut Off. ‘ TRENTON, } Feb. 11.-Alfred F. Stevens, of Ne . to-day instituted sult {in the Court of Chancery against the United States Steel Corporation to haye that corporation show cause why it first decreased and subsequently dis- continued paying dividends on tts com- mon stock. Mr. Stevens in his petition claims that the steel company since its in- corporation has had net earnings over and above Its fixed c sof about $65,000,000. Of this amount $13,000,000 was earned In 1901, $31,000,000 In 1902 and $11,- (000,000 in 1903, He claims that under its charter the corporation is obliged to pay quarterly dividends to the extent of 4 per cent. per annum, That in October, 1908, a dividend of only OF at the rate of 2 per . per annum, was declared, and that in January, 194, no dividend at all was declared on the common stock. He attacks the validity of the recent by-laws of the corporation which authorize the directors of the company to set aside from the earnings of the company from time to time such amounts as they may determine. Mr. Stevens contends that the by-law fa in violation of his rights as a stock- holder; that he owned his stock before thts by-law was adopted and that he never consented to Its adoption. He alleges that even under this by-law no money was set aside for working capl- tal until February, 1901, whereas It w. prior to this that the dividend of tober, 1903, was reduced and the one of 1904 was passed, January, COTTON BULL DROPS OUT OF BIG POOL Recent Decline Due to With-| drawal of Thomas. J. Majors, of New Orleans, Who Threw 200,000-Bales on the Market. Thomas J. Majors, of New Orleans, has goiten out of the big cotton’ pool. His interest of 200,000 bales has been taken over by the managers of the movement and {t was announced upon the Cotton Exchange to-day that Peter Laboulsre and Charles DeBoys, both ot New Orleans, would assume his place fm the bull ring. ‘Vhilo it Is stated that Mr. Majors's ‘Please was by a friendly arrangement, -the liquidations of his holdings are said to have been a factor in the recent heavy decline. His associates, Col. Wiltam P, Brown and Frank Hayne, have been in telephonic communication for three days with Dantel J. Sully, and it Is expected that the bull movement will swing along nicely now that the New rans situation has been ad- Justed. $20,000.000 In Pool, The pool in New’ York alone com- mands $20,000,000, and, besides Edward Hawley and the Standard Oll inter- ests, is sald to be supported by large spot cotton interests in Philadelphia and a strong clique of manufacturers in New England. Dantel J. Sully and his friends, who are in the bull clique that have been operating in votton for some time, have had a change of heart if their friends can be believed. Heretofore Mr. Sully has preached twehty-cont cotton. and it was but a few days ago that he again made this prediction. ‘To-day the bulls express a determination not to permit any sharp advance, as the spinners will buy cot- ton at these prices, while they object to paying more. By Keeping the mar- ket stendy at these figures the bulls and thelr friends will be ablé to dispose of the hundreds of theusands of bales of spot cotton that they accumulated at a lower level. To-day spot nouges were good buyers, showing tiat there was some wisdom in the attitude of the leaders of the cotton manipulators The opening to-day was higher, fol- lowing the advance of 60 points, or #4 @ bale, In Liverpool. The opening fricer were from 21 to §2 points above last night's closing. Watch for Sarprine. These gains were maintained during the morning, and the market was Steady And quiet. In the afternoon the rices were: March, 13.60; Bs; 13,90; diy: 1-99; Auguat,” 12.40; September, There were many traders who feares ® bull surprise in this a change of ttl tude on the part of ly. ‘They recall the fact ae srmounced ake & vacation. It is now. believed that he sold out ‘his entire line and id an equal amount of cotton short and at the low prices bought the cot- ton back. He would have made by this Operation about §90 a bale. pestibakthae A nas STOCKS DULL ON THE CURB. Liftte Change in Prices for the Outside Securities, ‘Trading on the curb was dull to-day, with prices practically unchanged. The bid and asked prices of the principal outside securities were: a Can ae. A i merken Ft BY firesne Copper * in rot eel 20 87% Sal § ‘84 134 ray Oe 18 18% Gas._2..28 FS nm no @ffort to cover tending that the full effect of the Balti- more fire and the Panama payments have not vet been felt. war. curities, » @armMans&G]|? Entire Block, Futon, From Bridge to Dujpeld St., Brooklyn. We Give “S. & H.” Green Trading Stamps None with C. 0. D's. ‘Table Damask, GAINS AT CLOSE St. Paul Strong, Gould Roads the Grangers Hold Well in Mar- Ket Ru'ed by Professionals. Show Support and Stocks wore exceptionally dull to-day while the fessional, bad, being Ignored. rhowed themselves to either side of the market, There was some covering early in the dhy, due to the shorts of a certain market aly news, disinclination to eNque being afraid to‘semain short over the holiday. The Well brokers, however, which are still short, made thelr tender, Despatch from W: aatingten seemed to sustain his position, as it was said at least $20,000,000 of cash would have to be sent out of the country, rangements to prevent this hy ed because of the developments of the The war, It s maid, has caused French financiers who had purposed in- vesting bout $20,000,000 to Insist on the money being sent to them, should prove true and the insurance companies should he forced to sell se- | markets and the/ stock market both would be upset and a flurry would be sure to follow. the money There were few features of interest. ‘The rumored sale of the Alton to the Pennsylvania, “rubbish,” which later, woutd be intensitte really acquired t dl. and net Ain Ain. & BR. pt. was strictly pro- a e whether good or The traders all commit ir a ‘Tran. Ax inn: Rapid ey CMe, Ge weit 18 ©, @ 81. PL. 1406 Gol. Fuel a tron. ag en. & R vt: 8 cris at bf Sts Erie Phar seen ah Tittnats cen, tz, souls, & con- Metro, MOK & 7 pr Neetol ms Weal. 25h N 1 that all ar- ing faii- If this to-day, was called caused some selling of Wa- bash issues in view of the competition betwenn +t the Alton and Wabash which ' displayed comperarty, The bul butts. was. irregular, but there (wns an fr oH the denial of the rumors that the com- pany wis to sane 325,000,000 of new stocks, It sold above 140 at one time re Talrly strong and The Gould roads we! Eatrong and | & the Grangers hed well closed gradually higher. The Closing Quotations, To-day" changer lows: High. Low. Amal. Capper 7 4H Am Sogn Au as F & Onion nd, Y. Central 1 intario & West... 20% ennayivanis fas cane l++ —— WHEAT MARKET. The matket was considerably quieter but remarkably well sustained considering the amount of promt taking that developed. There was more or less: disappointment over the cables, which if Pennsylvania has crowd, known as the Gates cliqtt, were sellers of Sugar and seemed to be dismusted with their efforts as "The price movement all day toward the close cation that certain on | 6 rom yesterday's closing prices or trom last recorded sale are as fol- SRE SP Rec TRS ee ae ward the merican market advance yesterday in further pre: rom ber 88 1-4 bid. x kp opening neicen, 96 1-2 to Gorn 0 Aa ° loning, prices, ad of Chase 3 Henry W. his resignation as President of Board. troller of the Currency, President, vice Cannon resigned. bert H. and Vice-President to succeed Mr. burn, and has accepted. Mr. the Vice-Presidency of miner. . Feb. SYRACUSE, N. closed the Americ: has been given out. The American Exchange Bank, a! Syracuse. had a pal {tal of oe CHIN loptem= < were: Wheat 7 3-4 to ST were PRESIDENT CANNON RESIGNS 1 hank Gives Up OMce on Account of Health, Cannon, owing to the fact that his health requires frequent ab- S| sendes and desiring to relieve himscif from continuing responsibility, tendered Chase National Bank, which the direc- tors accepted, and, in order to continue his indentification with the bank's man- agement, elected him Chairman of the A. B. Hepburn, the Vice-President of the Chase National and formerly Comp- wan elected Wisgin wan clected a director Nc eat 3 for many years prominent in n ine clrolen in Boston and for the past five years has been Vice-President of the National Park Bank of New York, from which position he retires In ac- * | copting 2 Chase’ National, NATIONAL BANK CLOSED. of Syracuse, 1.—Tosiah | Van Vraken, National Bank Examiner, Exchange | According to a recent statement the bank owed to depositors, e Indiference to- $500,000, Meritorious Values for Friday Shoppers. | | Chance. Suit 50c; Cake Boxes, 3 35c, Cake Boxes, round, punned, large size. material for entire suits, 32 in. wide, light and dark col- orings, yard Hercules braid, even length walking skirt.......... wi 35¢ Be Tweed Suitings, 15c, Cotton Tweed Suitings, elegant 15c} 35c, Damask, 25c. 1,000 yards, 58 in., full bleached linen Onish, splen- ordinary use, did for yard... 25¢ 1,25 Bath Towels, 50c. Bath Towels—only 44; size 31x64, extra size and extra heavy, full bleached, but slightly soiled (2 to a custome’ D.), each. Black Jap. Silk Hats, shirred, latent (tatoo 2.25 Sille Hats, 1.50. . 1-50! 8c, Hi is, 3c. Boys’ and girls’ school Reniken chiefs, embroidered cor- ners, each . 3c 75c. Red Clo! 5c, Turkey-red Cloths, 500, size 8-4, red and white fringed, fast CONTE, OBC... pee 740. Towelli ‘| Towelling, 5,000 yds., 18 ., =) strong and wiry, unbleached Russia Crash, cotton and linen mixed; it washes Mth yard, F 5c 50c. Doilies, 25c. Renaissance Doilies, 100 dozen, 7, 9 and 10 inches, square and round, all-over and linen cen- tres (in Linen Dept.), worth 35e. to 0c., exch... 25C 10c. Tooth Brushes, 5c. Frenoh Tooth Brushes, 4 rows pure bristies, bone handle, 5c} 16.50 Military Walking Suits, 10.00. Women’s Military Walking Suits, made of good quality cheviot, trimmed with lined with good quality taffeta silk, 7 gored, - 10.00 15c, Suitings, 8c, White crepe §uitings, 5,000 yards, special value, yard.. GO 25c. Stationery, 15c, Cabinet of fine Stationery, 50 15c sheets fine Paper and 50 Envelopes to matoh...... 49c. Lace Stocks, 25c, Point Venise Lace Stocks, with two tabs; scrim Collars and Cuffs, In sets, embroidered in Bulgarian effects,choice D 1.00 Wrappers, 55c. Women’s fiannelette ‘Wrappers, dark colors, assorted stripes, full flounced skirts, yoke and collar outlined with wash- able braid, fitted lining, for 55c) 10c. Castile Soap, 7c, | Olive Castile Soap, green or wilte, one- ound bar.. 1.50 Garcia 98c, Madras Curtains, wide x 3 yds., fancy tassel fringe, pair.. colored cross stripe, 15 different styles, 45 in. 98c 2.00 Bed Pillows, 1,50. Bed Pillows, 200, size 20x28, 3 Ib go0@ geese feathers, A. C. A. ticking (in Blanket Dept., none O. 0. D.),ea., 1. 50 69c, Bed Sheets, 46c . | Bed Sheets, 300, size 63x90, extra heavy muslin, one of the best 46c_ that's spesiePARRhLiy a0 males (none ©, MS D,) Valentine and Imported Novelties, 2c. to 3. 50. 55c: Clothes Baskets, 39, 39c| Willow Clothes Baskets, 24 inches, 10c. Talcum Powder, 8c, Borated Taleum Powder, 6-ounce glass jar, perforated metal 8c 12.50 Couches, 9.85. All-hair Couches, best steel con- struction, rolling head, deep tufting, spring edges. covered in high-grade velours, fig- ured or solid colors.... 85c. Gowns, 50c. Women’s flannelette Gowns, good quality, full width, nicely made, dainty pink and blue stripe, yoke back and front, neatly finished, with piper braid, all sizes 2.00 Unmbrelag 9c. 300 Men's Umbrellas, sizes 26 in. and 28 jn., steel ik eases, roll very close, guaranteed for one year not to cut or fade, made with selvage edge, handles consist of box wood, furze, horn and silver trimmed... O5Gh Women’s 3.50 Silk Waists 2.00. Women’s Japanese Silk Waists, made of superior quality silk, front of small hemstitched tucks, full blouse, tucked’ back, faney stock, black and white only, sizes 32 to 44....... 2.00 _ 9.85 15c, Dressing Combs, 10c. Horn bone Dressing Combs, with metal back, coarse ard _Snd fee. . ma? (i Malin, 5 5c, Bleached Muslin, 2,000 yards, 1 yard wide, good quality, but it has manufacturers’ tmper- fections, yard... _ Se) 18c. Stockings, 9c. | Women’s Stockings, fast black cot- ton, good quality, seamless feet, double heels and toes. - 9c} 50c. Silk Floss Pillows, 39. 200 stik floss Pillows, size 22x22, best muslin cover, In our Art Needlework Dopt.,ea., 39c|” 1,50 Lamps, 79. ic |Table Lamps, complete with dome shade, good burner and crystal chimney, pink, blue and green, solid colors, assorted floral " 79¢ ~ 4.00 Silver Sra 29, Oxidized, steel and German silver purses, larsze size, strong ard Gurable, worth 50c. $1.00, choice........6..065 29c 25c. Hair Brushes, 1c, Hair Brushes, 9 row pure bristle, olive-wood back. ~ Child’s 25c. Vests, 10c. Children’s Vests, fleece lined, small sizes, good quality, well finished, warm and dw able. 75¢. Trousers, 50c._ Boys’ ‘Trousers, sample lengths, good, strong and serviceable, from 4 to 15 years.. |1.75 Burnt Wood Outfit, 1.25) | Pyrographic Outfit, complete set for burning wood and leather, and one lesson.. 25c. Laces, 1244c. Wide fancy Laces, odd pieces, in cream and dutter color, Cluny Insertings s ee Hagings, _yard,. 12%¢ Infants’ 2. 50 Cloaks, 1.98, Infants’ long Cloaks, Bedford cord, three distinct styles, one with double cape, bratd .trimmed; others with deep cape, trimmed with satin ribbon and fancy braid, lined through- Ciel aidogagore BauonOn ne 5c) - 15¢ manufacturer's 1.25] | Wo » en's lace cnkl2 and .ace allqper lisle thread stockings, and 1.98) TRanization of the ntry of the final | Jndge Kirkpatrick the | Hen of the forectosnre pro rest ‘anice,"” said Tam “tired ofthe Shipbul fair and Tam going fo Ido re to discuss the n Starts on Tour to Benefit His Health, Which Has Long Been’ «2, from it that Contemplated, but Delayed) siccinvcis. by Shipyards’ Suits. ee eee NINETEEN CLAIM $25,000. After Revi of B.R. T. for Alte) Depreeators of Stock. hipbut sald the reporter, Charles M. Schwab sailed to-day for France on the steamship Lorraine. 31! haw been Me. Schwab's intention. for many weeks to go to Europe for his health, For one cause ov another he) to-4 has been under eonstant strain since | Mis return from iis trip a year ago, | Which rendered it imperative that he should not delay in complying with the advice of hin physician and seek a change of air and rest for a month or six weeks, rain his private chamber They hy the Brooklyn Rapid Transit in ful- Tt wan pointed out that Mr, Schwab had refused to absent himself so tong | which resulted jn the raid on its se- ax the Shipbuilding Jitigations might curities In 180 require his presence, but that in view of the modification of the plan of Pe: liver respective claim, Pretty Florentine Frames, 2ic Cabinet size, square or oval open- ings, gold-plated; warranted not to tarnish. This Large Reed Rocker, $1.98. This is a representa- tive item from the great February Furniture Sale. Take it as an evidence of the sale’s value-giving and you'll be led to the greatest money - saving ss), furniture specials of the Wi"\ year. bi” These Reed Rockers are of good large size, well made and handsomely designed. We cannot fill any BD mail or C. O. D. orders, of cravat silks left over after he had finished his regular stock for Spring 1904. His Price to us was about a third usual, because “the dozens (Though other stores are selling the identical ties for 50c. and 75c, each ) in Floor. GUth St. Aection. 6 * ”? > Priestley” Rain Coats, $10. and the lot will probably were broken.” All the new smart Spring ralierns, are here, and the Our entire stock goes on sale to-morrow at a eae price cut. Every one knows the value of the words “Priestley’s Cravenette”’ ) not last more than one day. Fourth Bet, ° ~50c. and 75c. Cravats, 25c. shapes are 2%-inch folded squares, wide and reversible in rain coats, and our assortment this year received particular note- A maker made us a large lot of new neckwear ae odd lengths four-in-hands and tecks. Price for to-morrow, 25¢ worthy comment. Still, in this merchandising mill nothing but new Is must begin a new season, so we've taken all our $12.98, $138 , $14.98 and $19.75 coats and cut the price to $10. This reduction will take effect to-morrow. These coats are made with plaited backs, shaped belts, attached pockets and detachable shoulder capes. For Bale i Mackintosh Dep't, Second Floor, 0th St. Section. Some of Our Women’s 5c. StocKings Reduced to 25c. We've gathered together three sorts, in all about a thousand dozen, of our regular 50c gualities of women's imported Hermsdorf dyed stockings whica we want to be rid of by 6 o'clock to-morrow night. Don’t you think we'll say “good-by”’ to the last of them by cut- ling the price exactly in half? : In this assortment will be found : Women's Stockings of Rembrandt risted lisle thread. Women's gauge iis'e thread stockings, .n all sizes. Main Floor, 90th St. Section. — a aE Black Sateen Petticoats, 98c. In walking lengths, 36 and 38 inches long. They are trimmed with deep rufile, finished with satin told, and the bottoms of these They are shaped to the figure at skirts are piped with velveteen. the top. Second Floor. 0th St. Section. — Some Gold-Dlated Dins at 10c. That Were Meant to Sell for 30-. About twelve hundred sets of these gold-plated pins came to us as a “special job” from a manufacturer, who cut the price almost down toa fourth usual to get us to take the entire quantity at once. ‘There are three pins in a set and you car use them as shirt-waist sets, as separate lace pins, sash pins or for the baby’s garments. Many of them were manufactured to sell at 50c. set. Main Poor. Reont_ Contre French Dimity Paper, 18c. Lb. Il the Stationery Store be a busy store to-morrow?. Needless to ask if you're a good judge of value, for this item « ght to setile the question in good earnest This paper has a fine fabric tinish and comes in white. two sizes—note size and regular letter size, Envelopes to match paper, 7c. per package of 25. Main Floor. 30th St. Section I ir Ae _BLOOMINGDALE BROS., PAE aed and Ch: There are “ALL CARS TRANSFER TO) BLOOMINGDALE BROS., ] CARS TRANSFER TO 81.00. ‘ mpany and of the ee on Tuesday by ‘eccedings. Ne had felt at Mberty to take the needed CAND’ |COUNTER GOODS hi5.43> wir ncrrencers | ONGUROPEAN TAP ose end most of my time tn thw ing a a complete reat, used to being | “but lam glad Nineteen Inwyers appeared at once before Supreme Court Justice represented nineteen claimants for the $25,000 reward pald ime court filment of their advertised promise for information leading to the conviction of ‘the person’ or persons who. Inatigated the false rumor against the company ths, at the following mtos: Hoboken or The Bron. wenty-eleht of the claimants filed ‘frames which measure 2448x35 inches. | ist MOUTON EY RO Tr kaeees ae an wt Ese j. 208 oy . SPECIAL FOR bales a = |NUTTED FIGS........1b. fc S#96 SPECIAL FOR FRIDAY. ee “HOALATE MOLASSES 10c) “OANUT NOUGAT... DNC er, Maar Apes te I5e pe viLALL 6c) We will deliver from 1 to 16 Manhattan Island, 10c.” Brooklyn, Jersey City We've a large vari of Valentines for the “bachelor girls,” :as w. | others that will “express it” everybody. ‘ e e For Bargain Friday Never was the word “economy ” more em- phatically defined than by the Bargain Friday Specials we offer for to-morrow. Don't these news-paragraphs prove it ? A Thousand Umbrellas Found New Owners Yesterday! And every new owner congratllatd himself upon his new possession, never was umbrela vate’ moye } nounced than'in the umbrellas we're ing in this special sale. y A Good Umbrelta—Covertd ed with Frigttsh.’ cotton porta and tinfshed with neat ta 7 : The Loadon Umbrefta—covered = English cotton gloria, in 24,26 and 28 inch sizes, for... The Royal Untbretia—Covered with silk” face mercerized gloria, with tape cdge, handles of horn, Japanese Reig ae ta ues 24, 26 and 28 inches, for re umbrellas in. this sale “at SP». st ‘Sie. $1.85 and upward. Main Fieo enema ensy, Specials m Boys’ Kilts. + We've many new ideas in Spring clothes for the youngster show ‘you, and for to-morrow we've a special pecuniary interest should fill this children’s department with practical Ss. Roys’ White and Colored Kilts, 98c, *s The kills in white are of. Russian style, trimméd with ingertion.| Those in colors are made with deep sailor collar edged with ema broidery. Sizes two and three years, $1.49—For Boys’ Russian-Kiits. | $198--For Boys’ Russian Kita. Of white pique and colored ging- e i p ham. Those of pique made with sated , nr | | box pleats in front and back, with | revers trimmed with insertion. All. prettily. tritm ‘8 he | aod (three years. Those of gingham trimmed with Becond Flor, 90th’ St. Seefion. | insertions on front, belt and cuffs, Sizes two and three years. nnn OA, A Bevy of Ribbons Underpriced Considering the hundred and one uses a woman puts ribbons to, our ribbon sate to-morrow cannot fail but be of interest to every reading this store-news. y emo ‘ind at-exactly half prices a large new lot of satin taffeta. ribbon, in light shades such as pink, blue, white and cream, 3 aches wide, regular price 25¢., special, 12\e. yd. ' 34 inches wide, wagular price 30c., special, 15¢. yd. 4 lg inches wrde, regular price 36c., special, 18c. yd. Also a lot of fine quality 3-inch Fancy Ribbons, in 36c.; special, 18c. yd. “Dolly Varde * Prints; regular jirce spintill;s Fipor. 39th Bt. 5 More Snow-FlaKe Curtains. Bains Kis We didn't dare speak of thése but once this week, for the lots at { 4 going out as soon as they come in with but one newspaper hint about J q them. i The lot which came in to-day, though, is surely big enough now ‘ } ; to go around, and the price (about one-third under usual) wil set O. them flying fast to-morrdw. 4} These curtains are three yards long. and regular widtb, with heavy fringe on the bottom. They are worth $1.50 per pair, but tive hundred pairs go on sile to-morrow at, per pair Creratine Snow-Flake Curtams, novth $1.60 par, $1 15, Al-Over Snow-Flake Curtains, sold regulary at $1.75 oer pair, $1.33. Toied Eoor, Sch St, Becton, Framed Elchings, $1.38. a large collection of etchings, particularly well sa lected, that we will place on sale to-morrow at $1.38, a any steres ere selling the same subjects for $7.50. They are mounted and matted and framed in oragmeated, silt bs aK e've quite Thint Floor 80th Bt. Spatiqng: oe BLOOMINGDALE BROSA 4 2, 624th Ow ALL CARS TRANSFER TO BLOOMINGDALBS’,