The evening world. Newspaper, February 18, 1905, Page 12

I lustries Which , late the Other cities and towne of Treland, ‘exceptions, such ab y to Industrial enterpries hs to the indvetrint ‘revival ip the Jack of capitalists ein Ireland are nine-tenths proyBnglleh and invest) *: Hinglish underiskings, ‘Therefore, longing. eyes ate ists toward wealthy Irlab-Americans, who ha ‘yet shown Any inclination to employe portion of thelr; ch J industries of: the olf Inad, FES cae a ii that, until some real industria) development takes pléce in| (Cd on which threutens the nation with extinction eye yiruined: Thoroughfares. th thrés, main ‘nor. | i Foprer, east side not ated structures. the: ‘proposal should hattun, ‘The day for hgs gone by, Elevated borough are an evil nineteenth century, roads and sub- t become practicable, ‘An{roddced, elevated (From Our Megular Correspondent.) eas yi 11,—-A' remarkable gathering, convéned: by the)’ | in the Dublin’ City’ Hall\a few days agh. ‘It. com)" es and political views, who. met to devise) loping the {ntiustries of the country, As the out-) | Dublin. Industrial Development ‘Ausoclation ‘has ‘ahd the founders are sanguine that it will succeed in revivi- for dealing with on before, better lable, ‘They be, clase with the Insult the pa- of ‘The Rvenin World)’ - noe flourished in’ Dublin, By thts that of Wexford; presént every wisere ty he | fudignasity Vein, | wradiot hh: at . lets io again wih dr f g5z HEE STATEMENT: (). * “NOT-SATISFACTOR ‘read there! weFe’ ominous: signs of deep anger. : madé by the New Hayen officers forya strike. ‘Thete can bé little doubt that iyap| they, exbect.a atrike and there does 1,897,809| not seem to be any way that Shea i i Geeraeniing if, the mén yoté for one, f it WHEAT RALLIES eboceelten ‘baa besa prentel the Brotherhood - by. the ‘ra}troad, AFTER SLOW OPENING. Violence’ Feared, (Phe ‘opentig of the wheat market Shea sald again torday that the men wan forvouy to-day, but traders gon would not strike, but would simply quit erally regarded the breal fn.Chicago ag} Work, but that the strike would be a wholly a matter of man{pulation and a| #flows ‘one and marked by much. vio- rapid recovery followed. lence’ and destruction of property, no Corn was fairly activo, one doubts, There are nearly 1,500 nien New York's. opening prises were;|t0 #0 out, among them, some 300 en- Wheat—May, 1.17 +4; July, 1,03. 8+8;| gincers, and the effeet of so many quit- Soptember, 6 1-4. Corn—May, 51 6-8, ting at-onee would be serious, Chicago's opening prices were: Wheat| The engineers would ‘be easier to re- spel aN My yl Red November, | place than tlie firemen. It takes an ex- fe, Sulys 101 1-8 to 1A ; Septem-| perienced man to fire an engine; and me Pay tat donteates Mit 46 $ 3 at New Havens eaperiinenig. with ine Now. Yor» cloning * prices’ were! savers Taree. OL these hoy peor Repeat LILES bid: July, 18: |ialited In the cabs ‘beCore they had 821-2 bid, Corn—May, 017-8; July, | made half. of thelr run one day edrly In the weel UO STR ay umeaiaesaTen The attitude of the Brotherhood of ' Dng.peers has greatly angered the fire-| > men. ‘Chey say it is arbitrary and un-| ''" TAmited Opportantties, (Prom the Chicago Tri cy justified, and that If the en; Callor—Anything: new in ti ie protested the Now hood to-day? would probably have Mrs. Aw cart Nothing (hat know nf, | demand that they be allo I suspect that the Smitha aro preparing | sent their memboro In the adjustment ers had people thelr Tepre- ~|to wive a mes Wowoul, but our party | of difficulties, no matter in what class Vino telephone bas been out of order all| of service the members may’ be. day and [yhaven’t been able fo learn|, The engineers have promised the New oF Of AME particulars. Provok'ng, dantt Herel peoele that they will not assist a a ‘went into operation, that it is:run with- Out proper protection’ in the matter of electrical roservoits,” save the writer, as & motive power that is not, so ” confusing, and even thany experts em- ployed in the Subway’ do not’ under- wtand ‘the meaning of the term “‘eléc-, trical: reservoir,” ‘an elaborate system of storage bat~ teries, in which enough power to oper- ate the eystem to which it is attached is kept constantly on tap, lights and ‘stopping all trains, as was ~ | the ¢aee.a few days ago, the current stored In the electrical reservoire could Hixh. Low, Close, oh'g. 2 hh WH + % 100M 8 P & BB M.105% 105°. 105% 1300 May, I, & ‘T. 10) Mo. K, &T. pl Hh 01% — % 1800 Mo,’ Padifio. Sion Nut. Lead 5% WONat. Lead pf, .100 000 Nat. H, @ 8... 200.N, RR: M, 2 pt 224 500 N, J. Central.200- 199° 200 +2 100 'N, Y. Ale Br.,.153% 168%. 158% S00N, ¥, Central. UT Mie— % BY 23% : 1800 Mox,. Cent, 2 = ezac} Phebe Pr s *S =EPz3s 108% 108% +1% 05 PEZRR° =. eeeZFe - SR: IBERE £ g2553 3000. Nor, & West. 19700 Ont, & West. Reb aig) Mail . = = slgcesdge§gisae® ane gtaeeteis-ee bt ee Pi e+e tet Tih 4 % % Mi % % 4 * % % % Ye % % % % 4 % % i % Eg aueyigglgeae§Gazes 3 i FF FSF SK 2100,Bloss - Sheff. 10 SL BF 2 pf. 100 BLSFCRI) ct. | 1600 St, BW, pf. 00700 Sou.” Pacifi trei+gt Lito+ FERERS KRREK- ++ |, 2000 'Hou.? Ry.” Co. 34% a0/Tenn, C, & 1; 81% $tett PS = r= 1+1 KEK FRSEE Zaggsstaciggsggagos8esg3¥gegeeu pS Sp iegsee'ssigesgsresgés 400. Twin C, R, 1.108 100 Un, B, & P. pf. 74% 3353" ALi FRESE = ee = = 2 z = + = 1 eee .G. 8.0. Te Pipe 25% 25% x 2000 U! 8, R, & Irn: 90%" 80%! 0 U., 8, Leather, Fez ) 100 U. 8, Lea. pf. 200 U8, Rubber. 49% < B¥a82ergcecEse¥sg* g5Sereezs ee = Fe gaen8Z Vict Pate + ee Bae 800 Wheel, & 1, B, 19 ‘a0 Wis Central . 24% 2% Uh —% 800 Wis, Cerf, pf. 03% 59% 18% — % Elaborade preparations ~ are being | 4 4 81% 81%, 814 — 4 COTTON PRICES UP ON GOOD BUYING There wor big trading in the cotton market to-day between proféssiénals, One operator alone selling 8,00, bales, thost of it May, In the early tun; The Opening was firm at allvancés of trom ‘|New Jersey, as a witness for Willlam Frye, White in his sult against Osborno Congelton to retoyer certain moneys hé loaned off ralltoad stocks, Mr, White chatgea' In his complaint that he was imposed upon, and sues Mr. Co! lginuges, ‘he amount ts not 1,574.09) and his assnctates’can avoid a atrile| | ll VAN COTT DEAD. Gablye were itm shough to start a, general buying movement on the call, | notably.in March, which again led tho , Although short, in taat month is belleved to have been erently reduced as a reguit ‘of heavy | buving vesterday, He Was a Cousin of the Late Pont- manter and Lived in Mexico, Dr, Alberto B, ‘Van Cott, cougin of ‘| this elty, dled last week In Monterey, Van Cott had built up a large practice in the Mexican city, and was beloved by both Mexicans and Amerl- cans because of his work among the He spent two-thirds of his time administering to the sick poor, never exacting a penny for hia services, He was seventy years old and stood very! high In his profession, a Consul Horton Sails, Market closed firm, cee mediatins elon CLAIMS MONEY ON LOANS. WHITE PLAINS, N. (nder an order of Supreme Court Jus- filed In court at White) Vain to-day, Willard P. Jessup 18 ap-! George Horton, United States Consu’ polnted & conimissioner to examine J, ie of the firemen in any way, 'Willard Morgan, the Coniptrolier of day on tho steamer New Yor! at Athen, Greece, ealled for Burope to “SAYS, IS POWER Mr. Eoquervie Urges Impor- tance of Electric.Reser- : ‘voits for Tunnel, DANGER AT PRESENT ry i] rah Breakdown: in, Power-House Would Instantly Tie Up En+ ‘tire Line, He Deolares. Tha letter addresned to The Hvening ‘World Edmond Roduervie, of No, 8% ‘Weat Twenty-fourth street, declares that: the: Subway “ts ‘absolutely ‘with- out protection in event of any’ accl- dente in its power-touses,’ and that the ‘eltuition’ thus existing 1s “danger- ous and scandalous, Ki \y i It been a, evasilal \ntnong elec: trical engineers ever ‘since the road "It te the only underground’ railroad In the world on which electricity 1s used “Eloctilcal Reservoirs.” To the layman this complaint sounds An, “electrical reservoir’ is simply Thus i€ an aockent’ befell waa ohut off, thus extinguishing the bo jmmediatMy called “into service, From the power thus. drawn trains could be run ‘until tha’ trouble in the iin stationag had been remedied, and Oty Syne, Pilg el ae Mr, ) are wi Parig Baltimore, He adds: ort Subject to Interruptions. “Even the beautiful’ modern. plan ae Ma Noma i ’ é) 10} which, owing to 4 ofr Heageyolra Ing to the *| are translated on the line, and the fre- went wt that the traveling pub- lo have when’ motion ceases ae ise lavetior Neate ep, out ie oriak are past numbering, ‘The of: Fore ‘of this Upon the nerves and ie of passent to attrac les of promotion tlon of matter up and is proceeding before the authorities to have this engineer~ ing defett corrected, Purely Economical Reasons. “Electrical engineers inform me that 8 for not thus equip) the rely economical. gg wasted on gubjedts, ‘as sign-boards and gum boxes, wonder grows that ao portant topic like this has been neg!<et- ed_80 long.” Officials ay \ranaceahe to- | aay hut sleottieal ver at je! rese! ‘5 were a 4% | noes in: the tunnel wel Bary ‘The power tina, oo tat ang, Arpapie In cone tiny HI ‘would not ‘aftect the vor, rors ‘otters, and thus s complete yatem is electricity on STOCKS LED BY UNION PACIFIC Railroad Issue Holds Its Promi- nence During’ a Wavering ~ Market Session and Advances to Another New High Record. Prices eased off in the stock market to-day, following a higher opening, bit in final dealings a better tone devel- oped. ‘The ‘list, however, fished Irreg- ular, with speculation comparatively quiet. Union . Pacific ‘was the conspicuous | feature of ‘the market, it ruling strong during the session and closing 31-8 per cent higher at 1207-8, establishing ah- other new high figure. The trade In this atock was very heavy. +Baltimore and Ohio and Bt, Padl were the only other good issues in the stand- ard railroad grolp, the latter finishing 4-4 per cent, higher, while the former closed with a gain of-almost 1 point at 1041-8 Southern Pacific soored a gain of 84 per cent. Reading, Southern Rallway, Missourl Pacific, Loulgvillo and Nashville, New York. Central and the Wisconsin’ Cen- tral Issues suffered losses of from 18 vo ehean melting and Refining sHowed the best advance among the Industrials, it closing at 1-4, against | 47718, its final figure of yesterday, tes Steel, Tennessee Coal and Hates e Conuolldated Gas closed lower, Irregularity marked the late’ dealings the ‘Tractlona and Brie, Monde were fairly active, ‘The total sales of stocks to-da; were 524,100 shates, and of bonds §2,428,000, ‘ wes of avooks for the, wook Were 4, \ shares, and of bonds $22,127,000, —_— REFEREE IN SUIT OF FURSMAN’S FIRM. ‘roubles of Former Justice and Hin Partner Not te Be Heard In Open Court, The troubles of ex-Justice Edgar L. Fursman and his late law partner will hot be alred In a public trial, John Schwartekoff, the junior member of the late firm of Fursman, Little & Schwartg- koff, sued the ex-Justlce for a disso- jution of the partiership and an ac counting, and In the row resulting, & hid the other up ia police court in ‘Troy, where they botn live, \ On the application of counsel, Justice Davis to-day appointed — ex-Justio Abraham Re Lawrence, of the Syprem ort, referee to take testimypy im the actlon, =~” » BATURDAY, Fob, 18 Three powerful interests bought Union Pacifico to-day—the Harriman, HIN and Gould parties, "This stock developed additional strength on the current be- Met that Mr. Hill and Mr. Morgan are asoumulating it in order to havea yolea in ‘the fannagement of the property in [onse ‘the outcome of the Northern e- curities tigation. leaves the contro}: of the Northern Pacific with the Union Pacific, . Spectalists in® Union . Paoitio were very bulllah in thelr talk, some of them’ predicting ‘that this stock ‘will touch 190 before the present movement is over, The Gould quying Is sald to: be for Investment. George J, Gould is a Lmembet of the Union Pacific Executive Committee, and he has been increasing his .stock holdings in this property for fome time past, On very brisk trading Union Pacifico went to 1287-8 to-day, In connection with the remarkable rise, in the price of Northern Securities oa the curb, it {s related that President James J. HM told ‘some of his friends just before he went West that he ex+ pected to see the price of this stock go ‘up # points. It was then selling at about 138, Iuquiry among tha curb brokers to-day disclosed the fact that tips have been liberally distributed to continue buying Northern Seourities for @ further advance. The price touched ‘1603-4, which {s the high record, In supoort of Intezhorough sént that ‘atock upto 216 on the curb, and there was n moderately active demand for %, Berg!-oMolal r-ports of steadily inereasing Subway earnings were freely cireulated, Siandard Ol] shares fell oft three points on two small sales. Coincident with the statement thot John W. Gates. will roturn to Now York next week comes a renewal of the reporta that a strong pool in: Steel is forming for the purpose of pogaing up both rhe common and preferred stocks. The Gates contingont in the street has been mnillish on Stee! for keveral Qhys, and it Is’ noticeably well sirnniied with “Inside. Information” regarding {n- oreased oarnings of the U, 8, Steel Cor- poration and the possibility of a re- sumption of dividends onthe common stock. There is & conprvattve clement in Wall street, however, that {s appar- ently not yet ready to go into Steel shares extensively, Indications promise developmonts in nome of the big ratirond stock pools during the odming. week. Heavy buying of the’ Chicago Great Western for the past two days Is” be- Heved to have been for the ke Island party, A belief prevails railroad men that a large proportion of the for- elgn holdings of this ‘atock has been transferred to American hands, and the heads’ of other Western railroads are congratulating themselves that the old- the aggressiveness of the leago Great Western, especially in rate mat- ters, 19 to be moderated. Although. there were some ‘unsatisfac- tory: features in the bank’ statemént, thelr effect uyon the stock market wi alight... Many of the active stocks closed at their highest figure. Shares in the Southern steel and iron companies continued strong on the ex- pectation of consolidation in the near future, A plan of merger is belleved to have been conforring in this city for the e diferent companiés. Presl- dent pdon, of thé Republic Iron and, Steel Company, and President Ma- ben, of the Sloss-She Company, have ben conferring in this city for the pes two days, and eome definite an- nouncement 1s expected next week, The interests that favor) consolidation are sald to have seoured absolute control of Tennessee Coal and Iron by pur- chi of stock’ during the pnst few days, Am increased demand for tron ia reported by all of the companies, MILLION FOR CITY INGOT. VERDICT Jury After Nine Days’ Trial.and All-Night Session’Sets a Pre- cedent in Suits Aggregating Big Claims. After Geiiberating all night, at the conclusion ‘ofa trial lasting nine court days, a jury reported to Justice Kel- logg, in thy Supreme Court, to-day a sipoent verdict, which {9 worth more tan a mil¥on dollars to the city, It 18 a precedent set by the first of yeveral huzAred sults against the city, against the city, at that. It was rendered in favor of Henry Bundheimer, who sued the city for $4,000 damages to his property in East One Hundred and Sixty-ninth street, Bronx, due to the flooding of the Mill Brook sewer by the terrific storm of Aug, 2, 1901, All the houses ih that section wete flooded and. damaged, and their owners have brought sults against the city demanding damages for .that flood and another one on July 5, 1901, aggre- gating more than $1,000,000, fix-Juatice Augustus Van Wyck rép- resented Sundhelmer, and ex-Judge Ar- thur C, Butts represented the city, Cor- poration Counsel Delany gave the gtder to, contest the claim, It was claimed by Sundhelmer that the flood was due to the faulty con- struction of the Mill Brook sewer, of which the One Hundred and Sixty-ninth @treet sower is a branch, ‘The weather man showed from his records that four inches of raln fell in wy | one hour on Aug, 4, 1901, and Rudolph Hering and James M. Croes, sewer ex- perts, renowned all over the world, tes- ied that the sewer was correctly con- tructed, but that no sewer could bo xpected to carry off a four-inch flood. A six-cent verdict goes not carr he conts with {t, ant Sundhelmer will aye about $250 to pay In costs, which ought to discourage his sulng neighbors from pressing their su.ts. ta W:FE DEAD, HE ENDS LIFE, Arthur Rose, Despondent, ‘Turna q h On Gas and Asphyxiaten, Arthur Rose, a cigarmaker, forty-nine years of age, was found dead in his tooms at No, 343 Bast Forty-eighth street early to-day by Patrolman Me- Lean, of the East Mitty-first street sta- thon, He had turned the gas on and!}* was atphyxiated, He was despond nt hecause of the death a week Ago nf his wife, ‘0 children of the family live relatives in Paterson, N. J. ne ‘bal message. with lehuor eft Aver) mi eo. Ww. an Parsi ssid R RATE ae PROMISED ON #8 | amount stated by President Potter, Aten Bile ROAD “IS PROSPEROUS Financial Report Shows Fallagy ~ of Claim that System, W Losing Mon The protests of the miuters: against re bin cent. which wo@! bse Higsak spate Feb. Land whioh od. from Montauk Polnt. to Brooklyn ‘he: resulted In a promise on, part ‘of the management for a feduction, Presfure wos brought to bear from every elde, Other papets jolned, The Hivening World In pointitg ‘out the, ine justice of the charges and the fallagy’ of the claim made’ by President ‘William F, Potter and his assockites that the road had been losing money and would have to go into bankruptcy if it ald not make! an additional charge, for its. mige erable service, As a reguit Proaident Potter was summoned to Philadelphia yesterday for a conference with ‘Presle dont Cassatt, of the Pennsylvania) Rall- toad, which controls the Long Island Company, and tt was announced that a eduction of the rates would be meade at’ once, ry The amount of reduction wag not stated, and it was intimated that the rates would still remain higher) thas before the recent advance, Commuters say that this is merely a sop’ thrown to them to quiet the most. belll of the opponition, and thet the fight will go on. They gather some crumbs of comfort from the fact that their pro- tests have atiracted attention, as ther way that even this was! unexpected, and they did not think ‘there ‘be tangible, results without legislation, whioh ls-now being pressed at: Albany in the Miller bill and the Sullivan’ tilt, wither of which would have the effect of compelling the company to to a reasonable rate. f { Potter's Poverty Plea ‘When the advance was’ made Pred dent Potter said teat the proposed ad> vance would’ not add niore than $60,000 to the ennual earhings of the road, and stated that the road had been operated nt a loss for the preceding six months, It was claimed by authorities thet the added % per cent, would produce an additional revenue of over ten ties the when the annual report of the ‘Treas urer of the company was issued indige uation reached fever heat on account of the disclosures made by the official fige ures. ‘Thin report showed that the net 3 Ings of the road for the preceding months had inc $197,668, the gross earnings Had increased for the sane porlod $247,959. while the operating ex- penses had increased during that fs only,. $50,291... The» month of December last showed an increase of 835.642, with an, Ierease jn e: polley of the company made @ that rang all over the State backed by such u: ted facts the cor yy had no ground to upon and did not even make an at at defense. : v No Announcement to Make, President Potter ai Ake by. an Srentag. Worl it he had nothing to say as yet abou the matter of rates to commu: Ay "There was pa meetigg of thi pi se o! i La pied ow ‘ork a) railroad = an ih “Phila rpht yesterday,” eat Mtr. otter, “and I attended the meet+ Kat as a director, I cannot ety anys thing about the matters discussed just yet, and am not RISDaTeR to make any. announcement as to commutation rates, T do not Know. that I will have any statement to makegiater, It iw too eal ret to discuss commutation yates, br will not say: that the company any intentlon of reducing them, I. di not care to @ay al y thing. as to {Re Taubioct at ratea‘is receiving propa the subject of soneldersiton, but that is all that Ioan say now.” MINERS IN CAMPAIGN TO STRENGTHEN UNION, Little Mope of Renewing {Agrees ment with Uperators Under Present Condition, (Special to The’ Evening World,) WILKESBARRE, Pa., Feb. ir arations for the coming’ to this region of President Mitched were made torday at a meeting of the Hxqoutive Board of the Anthracite Ming Workers. A) pe liminary agitation will be atarted to are the miners for the reorganisation Rreetin which are to follow, and wi Mr, tchell comes he will be updn to rial addresses at a number f Mine unfon ofcials consider it of to parenns the PRR I 9 BP che union, force the men Lagbay dure and show fiterest in the or ‘cor clee give up hope of renewing ae nt with the tors in Ay Pex, year. wy tauh time ‘al agree- ments between operators and mine workers the country over expire and @ weneral demand is .exy for: com censions, i SHIPPING NEWS, ALMANAC FOR TO-DAY, Sun rises, 6,50/Sun sets, 5.87/Moon sate, O88 PORT OF NEW YORK, ARRIVED, Santiago .. Havana tele mc Tnayna he ‘ Campanin Satverpool INCOMING STEAMBHIPS, , DUB TO-DAY, . Vera Cruz, St. Louls, U Southamptom Bremen, 20 Florio, Na-Itoma, Naples, Ferugla, Nanles, lea, codvera, Barbados, q OUTGOING STHAMBHIPS, BAILED TO-DAY, rin, LAverpoo!, Burn, Janiajon, Yorh, Morro Uaatla, Waveney Houthampton. Gurityba, Mataneay, | ANtWOD, Li Rio, Now Orleans, Princess Irene, Naples. Bi Dis, Galyoutn, Ly ia, Hamburg, in AJarco! FeRAM" a eveguin, ohana sai Vener Ue ie weak = ry