The evening world. Newspaper, May 13, 1904, Page 11

WESTCHESTER A “Pretty Stiff,” Comments Comp- troller Grout, Who Presents His Report to Board of Esti- mate To-Day. CORPORATION’S CHARTER IS CALLED INVALID. Property-Owners and Others Will Oppose Company Receiv- ing Franchise. One of the concluding steps in the awarding of the New York and West- chester Railroad a grant to build and opernte @ railroad in the Brenx was taken Dy the city authorities when tho Board of Hetimate at its meeting to- day took up the consideration of the rates of compensation and conditions under which the rond will be permitted to construct and operate. ‘When the board has finished tts de- Uderations, which will not be terminated until one or more publio hearings are had, the report of the board will be forwarded to Corporation Counsel De- { lany for the legal drafting of the ordinance in accordance with the ated the and conditions agreed upon by board. o The drafted ordinance will then be gent to the Board of Aldermen, where it will be immediately and favorably acted upon. With the signing of the | certificate by the Mayor within the | spécificd tep days “thereafter,” the tors of the much discussed New York. Westchenter and Boston Railroad , Will be in a position to at once begin the tonstruction of thelr road. Mayor McClellan, Comptroller Grout and each member of the Board of Eatt- - mate, as well as Corporation Counsel Delany and William F. King, President of the Merohants’ Association, have been assured to their satisfaction, they Geclare, that the Westchester papple in- Ri tend to build. The projectors, through Bankers Dick and Robinson and Presi- dent Bull, of the new road, assert that operations will begin within one month after the signing of the certificate of permission by the Mayor, but consider- able time may elapse, as the Portchester. J promoters have signified their Intention of enjoining the construction of the Tival road on the ground that the char- Us 2 invall nction proceedings x Associations 0: he chester which-have been clamoring for a railroad declare they will take part in the injunction fight it was cn ‘the THOS of the Mayor 6 mot o! e ayo! several weeks ago that the matter of adjusting rates for the Westchester en- verprise by which that road would be Fenitted to bulid and operate was re- to Comptroller Grout. He has | in communication with the bank- @3 and promoters of the Westchester Rival Concern, Delegation of Since April 7 $42,000,000 Has CVS TERMS TO COLO FAMINE AD BT IN WALL STREET Heavy Shipment to France Has Nearly Exhausted the Bars That Were Held at the Assay Office, / NOT ENOUGH TO MEET THE DEMANDS FOR NEXT WEEK. Been Sent Abroad, the Ship- ments for This Week Being More than $15,000,000. fencer ee There is a gold famine in Wall street, Binc® April 7, $42,000,000 In gold has beon sent from New York to Europe in the shape of bars, and the drain is begin- ning to be folt The shipment of $9,500,000 on La Lor- Taine yesterday was the final dlow to the gold supply in the Assay Office, and when two banking houses made ap- plication yesterday for reservations for shipments on Tuesday it was discovered that there was not sumMctent gold of the reauisite fineness un hand to ac- commodate the demand, Consequently there has \been great scurrying around for gold bars, Per- sons with gold bars lying around the house doing duty as doar-holders or paperweights will confer a favor on the Government oMclals by presenting them at the Agsuy OMce and taking coin tn payment. It may become necessary to send $20 gold pleces to satisfy the demand abroad for our precious metal, but this will not be resorted to until every other expedient has fatled. Gold pieces wear rapidly and bankers seek to avoid the Sepresiauions . P. Morgan & Co, will ship $3,500,000 abroad to-morro’ Lazard Freres an will ship $1,500,000." ‘This will bring the fotal shipments for the week above Most of the heavy gold shipments have gone to France and are charged nst our $4,000,000 payment for the Panama Canal. The statement of Bank of France, issued to-day, shows an increase in‘ gold bulllon of over $18,000,100 in the-past month, a reflec- tion of our heavy shipments. 4 In the meantima penoles, nickels. ters, halves and dollar bills in local elreulation. CURB STOCKS WEAK. Blectric and North = Show in Active ‘Trading. Outside securities closed weak all around to-day, with trading weak. The feature of the market was’ the trading in General SBlectric rights. Northern Securities sold about 1.20 shares at a loss of 1 point. About 10.- | 4 00 shares of Japanese new sixes changed hands between 41-2 and 043-4 The bid and asked prices of the prin- cipal curb stocks were: =, Toad and after several conferences has | nally desided upon the terms whioh | Were mubmitted to the Board to-day. Pho terms are, as the Comptrolior de- Bded them to-day, “pretty auft.” The: molude payments to the cit Ki basie of gross Feceipts, taxes, Impost a 5 much per linear foot f treets “crossed by the raliroad, keep- in. rapair, character of Many other conditions. he terms under which: the West- chester Company is to get Its franc are 8 follows: The company shall pa. the city during the first ten years an annual sum of $8,000 and during the succeeding fifteen years an annual sum of $16,000. Upon the termination of the grant of twenty-five years all rights and priv- jlegos to eros treets shall close unless the company in the mean time had pro- ‘cured anew grant. It is carefully stipulated in the cer- tifleate that the righte and prviesen «= gequired shall not bo assigne No t #hall be ci at grads, trac ine carried aither under or above surface. The rate of fare shall not exceed five cents within the city limits, with trana- fer to branches included. Contemplating the future of the Port- ghenter road the vertificate reada: ¢. “This grant or privilege shall not. affect the granting of equal privileges to any other corporation. perations of buliding must bexin within o yedr and a four-track road f from the northerly lino of the city as i far south as the Intersection of the Southern Boulevard und Weatchester avenue be completed within Ave years and the branch to Classon’s Point within seven years, When the Considecation of the West- chester franchise, as framed by Comp- troller Grout, came before the Hoard of Estimate, President Haffen demanded that the “whole matter" be referred to dim. am the responsible officer of the Bronx, and I am responsible to the property-owners of that borough. want to o bver this matter carefully j Bnd devise some ineans of protectin: our sewers ate! being, Seclanae an eing destroyed in the ita of this or any other road,” he A general discussion followed, and tt was finally agreed to give Mr. Haffen & copy of the conditions, with the pro- ¥iso that he report on It in two weeks. ‘With this understanding, the matter was laid over. wutlegations f, Broperty-owners who Dresen not get a chance to be heard, ————___ COTTON MARKET. The local cotton market opened steady to-day, with the let “1 to 11 points lower. Considering the Liverpool cables, ‘the opening was remarkably firm. A feature of considerable interest was the buying of July, which appeared to be for spot houai Commission houses American Can streets ldges and viaduots to’ be crossed, and New. B.Altm f the | 4 ‘ \ ‘ ‘ / sft | THE WORLD: FRIDAY EVENING, MAY 15, i004 WN STOCK MARKET Consolidated Gas, Amalgamated Copper and National Lead in Favor, While the Steels Are Weak and Drop Further. ‘Treading improved some on the Stotk Bxclinnge to-day, @ little show of activ- {ty being encouraging, while highe: prices during part of the session added to u growing feeling of optimism. Tn the late goalings prices fell away, but the brokers were fairly bury. ‘The news of the day was of a mixed character. and it was natural that traders sho de decidedly mixed tn thelr opinions Some preached higher prices, while others talked of lower prices for the whole Met. The money market came tn for a ood doal of discussion, Rates for call and for time loans were easy, and the big expor of gold, which will amount to about $14,000.00 f he week, hod no ‘effect upon 3 The ease in the monty market will probably continue for some time In spite of the loss of cash by the banks this week, amounting to $4,461,100. crop report was put out—that is, bull- ish as far as general trade conditions are concerned. Many good judges of cropt are freely predicting a wheat crop almost equal to the bumper crop of 1901. The coniitions are excellent the market, and the good news put it up, with the result that prices fluctu- ated rather violently at times. ness was the heaviness of the Steel ts ves. ‘The common made several ne during the dav. to 83-8 and rallied and then declined ty rallied again, and then touched . The Standard Ol! bro} boug! te freely of, Steel preferred but auld e common, This kent the preferred er the bevinnine of Inet an attack was made upon nes with the result that the + stated, made another new o od the preferred drom-ed to 311-4. This ts within 21-2 of the low record for the preferre Consolldated Gas was anctive and Nently between 261-4 and There wera dozen fluctuations dof more than 2 points and room raders who wer the stock sold thetr holdings 1 times at the igh prices and bought them back at the low with the reqult that one man sold the same 10 shares three times find bought (t back ax often and at the cloxe had his’ stock and $150, the best day's work fe hax had for months, ‘The total sales of stocks were $95,400 ghares, and of bonds $1,561,000. The Closing Quotationn, ays highest, lowest And net changes from yi clasing prices or from last are as follows: High. Low.; Clos. Ch'ges 61 40K! GOK + IN tes Ry > % te - aah — s + a st = ka on he Dae a ae Sar’ ibd ajay 108 1s yea 4 208: aft a 19% “Ip, — ay 8 —~R 2% — gt eat & Nash: X 10; 3 jot. Securities; sie; oid an&@o. Later in the. day a bullish }° The bad news as !t came out depressed |" The principal tactor making for weak- |£ It dropped |] BLAINE'S SON SUES BROKER £. R.THOMAS Young James G. Demands $3,- 200 Which He Says Transac- tions with Racehorse Owner’s Son’s Firm Cost Him. Rlsine, son of the Iats 'Plumed Knight,” i& the plaintiff in a tt on trial to-day before Justice Green- aun anda jury In the Supreme Court. in which he demands $3,200 damages James G. rom Post & Thomas, brokers, for the m shares of on Ma: Pennsylvania Retlway at 8, 1900, the day of prthern P Ie. member of 1h ule of 1 brokerage r A $11,800 Bird" end Mr. Blaine claims that he margin at Post & Thomas's on May’ §, 190, and was In Washington next day. where he SOM his 1,00 shares at $)12 On gbtiing back to New to he Dad to pay 1M to Ket stock liver the shares sold In Washin, The two transactions cost him ch le sues, was the frst He transac- ith the firm of Pe Manhattan 142% Metro. St FAR 0K oe KAN Tee IML Mo.” Pacific voit Ww ooh, 88. Mural... 16s rin & Weat 21H Pennasivania ..) 113% People's G. ex-div ah Reading Reading lat pt Rock Inland . {Tock Island ‘pe. If Pric We can sa Oxford Ties with a acterize Grade Shoes. 2 Stores in Philadelphia—14 in Chicago—2 in New York. FRAZIN & OPPENHEIM 6TMAVE. & 18T! St, N.Y. The $1, $2 and $3 Shoe Store. If You’re Undecided From the magnificent assortment of Newest Fashions in durability and those finer points which char Strictly High- |threusn donations from Adrian Iselin }er., and costing $250,000, was badly da: {aged hy fire ¢ FIRE IN CHURCH OF BLESSED SACRAMENT et | b a-Will iveM near the jad also been aroused, F am ehurch vehed Date Marble Edifice in New Rochelle 1 ' Is Damaged to the Extent of arm te turned Iran mand fre-chgines| $20,000—Priest Discovered were sv ai she sore the Blaze. vot ane chee, embers of the chureh, NEW ROCHELLE. N. The Churen of the © handsome marble whom are fougat hard 1 was ro 1 reeult of not dam: ing. A altar, by aar Was t xe at a. sith D Lord & Taylor Announce for Saturday the Following Extraordinary Values! At Half Prices. Women's and Misses’ Covert Jackets, made of a superior quality covert, taffetn lined, per- fect on of fit, 3 models to select from; sizes 34 to 42; At i sicica Misses’ sizes 14, 16, 18—a $20.00 Jncket each, ' Women's Taffeta Silk Etons, ) At about 50¢handsome models, prettily trimmed jand $15 oo white silk lined, lace trimmed sleeves; original values ( . $25.00 to £35.00, each. Girls’ Spring Reefers. At The entire balance of stock, abayt 100 Coats and Reef- \ c ers in cheviots, coverts and : sizes 4 to Myrs, ; { $5.00 formerly priced $7.50, $4.50, The above arg valuos of superior merit. Broadway and Twentieth Street and Vitth Avenue. hd e Cuts a Figure !! tisfy the most critical! greater degree of Style, fit, oO 4 window saw altar boys’ . ench. | sista ahaethahod ea alae in “i oor Blessed Sacramet smoke, also more or less inju walls of the edifice were disfigured from vy plush 3 and all room Several of the windows were practt ed th Other valiant. paling were top to bottom. The| ; Velvet curtains hanging] fa hie [Liem the IX wrches at the rear of the his |onureh iv glass was cracked in man: * 2 et WHEAT MARKET, There was more demand for than for July on account of weather In the Northwest. Aifter first tun of business ptices trifle, Corn was firm, i New York's opening prices Wheat—July, 89 1-8 to 89 1-4; The | 82 7-8. Chicago's opening prices were! Stieaked and to 7) 1-4, Corn—May, 48; July, 4 7 in, the rec-/ . »: New Yorle| brick wail @ edifice from July, 88 1-2 bid; Septen 14; December, 81-8 b Wheat opened from 1-8 to 2-8 cent | lower to-day on additional Hautdation | Gor -|and further bear pressure in ‘July. On Sal Children in materials, white (Special Table, Thi 's ext 100 dozen mci ers neatly fin'shed straps and gusset 42c. cach—9 o'clock...... Women’s Belts. real leather value 7$c. cach— All Wool Dress All-wool crepe Albat color assortment — 49c. per yard —9 til o'clock (Specia SATURDAY MORNING SPECIALS. No mail orders filled—none sent C. O. D. CHILDREN'S WOOL DRESSES. 100 Wool Dresses for Children, various colors of Cheviot and Novelty Cloths—former prices $6.00 to $7.00—9 till 12 o’clock.........-.... Children's Wash Dresses. | Crochet Quilts. A quantity of Wash Dresses for (Limit 2 to a customer.) all new. shapes—former Price $2,00—9 till 12 OOK’ scones ieee $1.25! Men’s Underwear. Balbriggan Shirts and Drawers— | shirts Jong and short sleeves. Draw- | Pleated bodice effects in silk ; also | with Isather covered buckles in red, navy, champagne, n, brown, white and bDlack— (Special Table, First Floor.) } Goods. rors, in a full! regular price | 112 ‘able, First Floor, rear.) e 9 till 12 o’clock Only. $2.95 «Special Table, Third Floor.) and Fancy 500 extra quality Hemmed Crochet Quilts; choice of new patterns— value $1.25 cach—9 till 12 79¢ o'clock... (First Floor, rear.) Hemmed Pillow Cases. (Limit 1 dozen to a customer.) ird Floor.) | ra fine brown with drawer regular price | ae (ENS) 1,000 Hemmed Pillow Cases, size 45 x 36—good 10c. valuc—9 till 12 | 90c. o'clock caches per dozen, Oil Stoves. ¥ | “Perfection” blue flame wickless | oil stoves, burner — regular 2 price $5.68—9 till 12 o'clock «.. 3 00 (Basement) ‘Toilet Sets. 9 pieces, plain print, three col- ” ors to select from —regular price $2.25—9 till 12 o'clock .... 29c. (Basement) belts—Saturday.... Suits for Misses and Small Women At such attractive prices as shall effect a quick and absolute clearance. MISSES' SUITS—Mace of Novelty Cloths, medium length coats trimmed and lined with taffeta, Also—CHILDREN'S RELIERS—Of navy bhus Cheviot and Covert Cloths—Special for Saturday. Offer a lot of Iso loose shapes with half $14.05 $4.95 (Third Floor.) Actual value $20.00. Actual value $8.00 to $9.00. ee Boys’ Suits for $3.98 That Would Be Splendid Value at $6.00. ¥| —July, 8 3-4 to 8 1-2; September, 79 Se ing prices were: Wheat July, 68 1-4 bid; Sep $1.70 | » Reefers and Rain Coats, MISSES’ AND CHILDREN'S DRESSES, . comprising attractive selections of Gowns, Frocks, Separate Skirts, Muslin and Silk Waists, Jackets, are snug-fitting around and do mot slip at the heel. lasts of the swagger and lofty type! and thee New Shiny or Oxford Ties the ankle, All made over This season's newest colorings in vogue are pleasing tan shades of Odessa Russia Calf, Shantung Pongee Kid, Champagne Kid, Nut Browa Calf or Kid They come from the best makers and are splendidly tailored. The assortment com- rises Two-Piece Suits, Norfolk, Dou- le-Breasted, Russian, Sailor and Three Piece Suits. The materials are fancy worsteds, cheviots, tweeds and Scotch mixtures, in light and dark colorings in overplaids, stripes and various handsome patterns. Sizes for boys from 24% to 16 years, but not every size in each style, which ac- counts for the low price at which they are offered, Suits as fine can- not be bought anywhere to- $3 98 day for $6.00. Herc to-morrow . On Saturday, May 14th, Extraordinary Reductions will be made in the prices of Children’s Reefers, which will be offered at $4.50, $6.00, $7.00 REDUCTIONS will also be made in the prices of a number of styles of Misses’ Suits, Jackets and Reefers, * Elgbteentd Stree’, Nineteenth Sireet aud six) Hoenn Boys’ ‘Suit .Sale (At Our Thirteenth Street Store Only). took a conspicuous lead as purchasers of new crop months, basing their sup- ‘ton the cool, wet woather In Texay nd the deficiency of molature in the Bastern cotton Btates. A few early buyers took profits later, providi NX abont the only, offerings of the early t estimates for recelpis Beasion, as Il at port checked hear eelling of neat tions, and the weather tions A tumily prevented any pressure in erde coebing. pil May, 12: 1@ opening prices were: a 15, bid; Tune, IRE ‘bids Tuy. 1,99. to 1k ide Aunt, ib.08 to 3830; Séptember, 7h t to 11.74; Oatober, 11.26 to 11.29: Decem- J Der, ite bid; January, 11.23 to 11,24. i \ RUSSIAN LOAN AT 99. ic, LONDON. May 18—A despatch from Paris received here to-day says the issue loan will A pring, 06 the new Russian —— JAPANESE LOAN GLOS! Budseriptions) to. the Japanese loan, ‘ware closed to-day, A member ee ynticate. Stent that the loan wae Uvece aba te~ bed To-morrow morning we will place on sale, at Thirteenth Street Store Only, 140 Norfolk Suits, 135 Double-Bréasted and 250 Single-Breasied Two- Piece Cheviot and Worsted Boys’ Suits, sizes 8 to 16. Many Suits with belts of same material. Reduced from $8, $10, $12 and $14 to $3 BA and. $5 0 Young Men’s Suit Sale “At Our Three Stores.’’ Sale of Young Men’s Suits (31 to 35 breast) continues at all three stores, with a number of added patterns, Reduced from $15.00, $18.00 and $20.00 to $9 00 ‘Hackett, Carhart & Co., ‘ i MEN'S $ LITTLE $ WOMEN’S $ BOYS’ SHOES GENTS’ Hand-Welt Hand-Welt Weatherproof Calf SHOES SHOES SHOES i Lace. Box Calf, Patent Calf. Vici Kid. Guaranteed Patent Satin Calf Congress. Viel Kid. Velour Calf Blucher. Colt Blucher. Tan Russia Calf and Enamel, $00! (aie MISSES’ Velour Calf Blucher. Patent Leather, Tan and} Satin Calf. k $ Tre Black Calf Slippers, WOMEN’S ¢ tae WOMEN s $ 4 ° land-Welt BOYS $ SHOES Guaranteed Patent Colt. OXFORDS SHOES Vici Kid, Viei Kid. Patent Colt. Vici Viel Kid. Vici Kid Oxfords. Tan Russia Calf Oxfords Kid Box Calf. Patent Leather Blucher Ox- . ye Tan Russia Calf. Satin Call. fords, MEN'S $ pene ° Patent Kid 3-strap Slippers.} Hand-Welt MEN’S MISSES $ CHILD'S $ OES Hand-Welt SHOES SHOES Patent Colt, French OXFORDS Dongola Kid. Tan Viel Kid Wax Calf. . Patent Colt. Button or Lac ‘an wel ia Lace. Tan Russia } French Wax Calf, e, Patent Leather or Kid Tips. Allkinds, all leathers, all siz: Entire Bullding Devoted to Sel!- ing Three Special Priced Shoes. Dull Mat Hid 2 f Leathers. . : tifically Fitted by a Professional Staff of Shoe Fitters!!! in which shaping, style, fit 'ynd shoe making are of the highest order, | ALA MDALAP PARA PARAAPALAPLAPPLALPRAPPPPPPADD AS (}Good Reliable Shoes at $1.}Shoes Stout and Lasting. Patent Leather. all widths, year round, always one price, $1. Fad Get Scien- Choose from a most exclusive stock of Footwear, ‘= Selected Leathers $2 Guaranteed from Every Standpoint. Vici Kid. Tan Russia Calf. Il the} Recommended for their many points of excellence, comfort to the weareraud durability. At $1. At$2. At $3. That’s all. stoke Factories: } Our $3 Special Shoe Store { snoeracrories: 3) aig for Men and Women paeaotrte ots Mite | Cor, 2ist St. and 6th Ave. | Shurds }| Cit ook ee capt emi ie ATW yet RPI E AT Ds double shaped, years. Norfolk or plain Tam $1. ) Sixth Avenue, 20th to 21st Str syasapanieciones Boys’ 98c. Blouses, 50c. Made of fine madras, in white grounds, with neat figures and stripes, all seams Hats for the Boys. linen, duck, pique and crash... +. Hats of duck, cloth or straw, with wide brim....-. Genuine Milan Straw Hats, silk bands Saturday, May 14, We Will Offer Men’s NEGLIGEE SHIRTS ach bare ng Wa fiagn Sage y<jcenionne st illBbLi dad Od dba LOU uot aad stitched, usually full and. well collar attached — sizes 6 to 14 o’ Shanters, golf, yacht and Eton caps of butcher's ae - +100 25¢, and 50¢ -50c, to $3.98.» jd streamers—regular $2.98; (Third Floor.) 00, $1.25 and $1.50 At 65c cach. This,is the balance of a noted manu- facturer’s stock and consists of Men’s High Grade Negligee Shirts of fine Madras Cloths in a splendid assort- ment of styles (dots, figures and stripes), light and dark colors, one pair of cuffs, sizes 14 to 17's, At 65 C cach. Have sold:all scason at $1.00, $1.25 and $1.50, (First Floor, 21st St. Side.) mt o a