The evening world. Newspaper, March 16, 1905, Page 11

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BORROWED ON _—"BOOD NAME’ Hanover National Bank Offi- cial Admits Daily Loans of $100,000 or More, Revelations of banking and business Methods in Wall stroet even more sen- Sational than those made of the con- nection between the National Olty Bank €nd Munroe & Munroe were hrought Out to-day In the hearing before Ref- ree Stanley Dexter in the bankruptcy Proceedings of Jacob H, Borry & Co., of No, 71 Broadway, which firm failed last November for nearly $1,000,000, Henty R. Carse, assistant’ cashter of the Hanover National Bank, testified Under protest that Berry & Co, from early in October to the very day of the failure, Nov, 2%, borrowed $100,000 or More almost dally and frequently with- out security. Good Name Only Security. “What security did you get trom Berry & Co, for these enormous loans?” fsked James N, Rosenburg, attorney for the trustees, who are seeking to un- cover assets, “The only security we had was the Rood name of the firm,” replied Mr, Carse. Mr, Carse had been subpoenaed to Produce at the hearing all the books, focounts and written agreements bear- {ng upon the relations of the bank with Berry & Co, for two months prior to the failure. He had none of these doc. uments with him in elght when he ap- peared on the stand, Mr, Carse admitted that Berry & Co, secured dally loans of $100,000 from the bank prior to the failure, He admitted that on the day of the failure the Hanover National Bank loaned Berry & Co, $145,000, Loans by Telephone, ry “How was this arranged?’ he was asked, “Mr, Bennett, of the firm, telephoned to me that sundry loans in banks and ‘ other places covered by sundry stocks @nd bonds were offered as security for ‘these loans. He sald he wished to make deliveries on sales made by the firm the previous day." Mr. Case sald that lonng were mado under @ general agreement, He refused to produce this agreement, but said that the bank might let the attorneys have a copy of It. He asserted that the securities for the loans were held fn trust for the account of the bank, to be turned over with the receipte as oon ag the payments were made, New Note Every Morning, “What was the custom of making Joana to Berry & Co?" “A note was signed every morning by the firm or by aome one representing the firm,” “What sort of a note?” “Promissory collateral."’ “What collateral was deposited?” “No collateral was desposited, except Buch securities as we might have in our hands," “What securities did you get from Berry & Co,?" “The only security we had was the @00d name of the firm. Mr. Berry had been doing business in Wall street tor over forty years, A good name ought be Worth something,’ Ar, Caree thon testined that on Nov, % and ® following the failure of Berry fro phe Hanover Navona Bank sold, Bey udnut ; took xchat » all of the neouritien te the hands of the bank deposited by Bary Co, He sald he did not know ct ition was made of the pro- Geeds, but that a cash balance of $4,810, was turned over to the trustees on % by order of United States Judge @ pass book of the firm was pro- bag @nd Mr, Carse was asked to read it all the loans of $100,000 or loss made to Bary & Co, between Oot, Land ‘ ghe date of the fallure, Hg refused to Rive Rying that it seemed to him un- OBKATY. The referee ruled that the pass book ight be placed in evidence and that it, Carse might be questioned ocncern- Ing the entries, Dates of Big Loa Mr, Rosenberg then read from tt, from the dates, Oot, 4, 5, 6, showing on those 8 of $100,000 each to Berry Co,, and asked the witness if they were secured, Mr. Carse eaid he didn't know, Some had seourity, he sald, and some had not, Mr. Rosenberg read further from tho books, showing loans of $100,000 on Oct, % 10, 11, 12 and 13, and asked the wit- ness if he remembered them, Mr, Qarse did not, Reading further Mr, osenberg showed that on Oct. 14, 17, 19, 20, 22, %4, 25, loans for each day of $100,000," and’ besides on the Ath loans ‘of $50,000 and $15,000, and on the 2th by besides, and on the 26th another ‘itness was asked if he had ar. ranged these loans of $100,000, and ad- mitted that he had made some of therm. There were times, witness sald, when Partner Bennett asked for loans larger than the bank would grant. No inter- est was aa My those eg No compensation was given, and in answer to Phat consideration was offered, Mr, ison replied: "The consideration of the brokers’ account. The firm had a handsome ao- count with the bank and received no “more accommodation than such an ac- count éntitled dt to, The same accom- trocetion, was given to other business Deople of like Sanding, The witness was ordered hy the ref- eree to produce at the next hear ig ‘agreement. wit Derry. 2, the ort Co, and the transcript of the notey si 1, ¢ hearing was then adjourned me iy jo firm, Yaoon jerry, will testify, et SULLY FAILS TC HOLD UP COTTON, Losses in the Karly Market—Bears Sey Hie Infinence Counts for Little Now, Daniel J, Sully did not do much for his bull syndicate In the cotton market | to-day, though he still sticks to his prediction that colton is going up to 10 cents, The bears do not credit Sully | with the sudden rise of cotton eaniy dn the week. ‘They declare that he is not now the leader he was, and thar the boom in prices was hatural, and not through enforced speculation. Prices started to-day unchanged t ints lower, and after the initial sings deciinsd about 3 points ty More long cotton came out on the market, and there was conalderably selling ‘for short account, Room sentl- | ment was very much mixed, The opening prices were: ff 0 bid; Anril, prod; to , U9 July, 7 August, 7.77 bid; Septer + October, 781 to i her, 7.85 bi December, 7,88 to, 7.00: January, 7.02 bid, ‘Yhe Jate prices were: May, 7.76; July, UT, August, 7.78; October, 7.80, . | Prominent In financial circles and friend- | Ese Ral Rat ett pe lia ei a ae ke ji "ey Not Sales, Hlth, Low, Clots, Ch val 200 Allis @h'mers.. 12, 104 10h — Me 200 Allis Ch, pf... 68 oo 30 lh 80 Am, Beet Bu. 24 Mh +4) ‘100 Amer, Beet pf. 8 8 + %) $8200 Ama}, Cop...... 90 78% 70% — 9%! a)Am. Ag, Ch. 8 8 8 +1 | 18400 Am, Oar & F384 96 © 89% +1%| 410A. C, & FF pti oh 80% 41. | 200 Amer, Cot, O11 % 95 33 = Mt 100 Am, Express...23 283 233 —1 | 20000 Amer, Loco... 17% 4% 47% + 2% $0 Amer, Malt... 7 7 7 4 Amer, Malt pf2s 4 2% —-\ 2870). Am, Smelting..101% 99° 100 —1 200 Am, Bmelt, pf12% 12% 122% — 4 200 Am, St, Pdy,..16 16 16 —% 1200 Am, Bt. Fdy p. 61% O% 01% + 6 10000 Amer, ; Bugar.,149% 148 Lh = h 900 Amer, ‘ & TAG 145% 8 + | 60) Amer, ‘Tob. pf, 9% of M7 —% 6300 Amor, Wool ,. 20% 94) 20% + % 200.Amer, Wool p08 108 108 —% 200 Anaconda .,..,1184 17200 A,, T, & B, By, 10% 900 A., T, & 8,F.p.108% MOAT, & BFirts % 5700 At, C, Lime, 145 18800 Balt, & Oblo. 10 Balt, & QO. pf, oF 28200 Bklyn Ry Tes, 67% 900 Brunewiek Co, 18% 800 Buf.& Sus, pf, 8% 200Can, South., .. 7 14200 Can, Pacifio..148% 106800Ches. & Ohio 69% 2300 Chi, & Alton., 44% GOO Chi, & Alt. pt. 82% 800 Chi, & N, W.,242% 46300 Chi, Gt, Wise. 2% 20000. GLW, ph B mK 28400 C, M, & St. P..182% $00. M.& 8, P, pf.190 800 Chi, Term'l.... 17% 1200 Chi, Term, pt. 8% 2700 Chi, Un, Tras, 12% 100 Chi, U. Tr. pt. 49 MOOC.C.C, & St.L..107% 25900 Col, F. & Ir, 55% 200 Col, H. C. & 1. 17% 300 Col, Bouth 3 200 Col. So, Ist pf. 61% 100 Col, 80. 24 pf. 85% 8500 Consol, Gas... 200% 3600 Corn Prod 1% 2500 Corn Prod, pf. 72 1200 Del, & Hud,,.193 1400 Den, & R. G... 3% . OL + 8 11200 Dintitlers' 8... 42% 80 D. 8. B. & A, 16 500 D. 8.8, & A. pe 32% 30000 Brie,. .. . 8000 Erle ist p! 2200 Erle 24 pf. 100 Fed, M. & 8.105% 1400 F, M. & 8. pf, 95% 5400 Gen, Blec, 00.192 200 Hook, Vaj.... $200 Ill, Centra! 800 Int, Paper ..,. 2% 1875 Int, Paper pt. 80% 1100 Kan, & Mich, 38% 100 Kan, C, 90..,. 29% 1900 K, C, Bo. pf... 67% 100 K, C, Ft. 8. pt 84% 200 Knick. Iee...,. 14% 100 Knick Ice pf, 70 200 L, B, & W..., 100 L, B, & W. pf.l04 2200 Manhattan... .172 19700 Met, Bt, R'y,.124 63900 Met: Seour, 88 10600 Mex, Cen, 81h — % 190-2 v 33% +1 pu 9 +% 100% —1% 5% + IM —% uM — 1 1 | A % 204 + % | 16% 1% 69% 3 19% — % Mh —1% 90% — 1K — MM +% 1% — % 824 ~ 4h — Rh + 60% — 4 16% + % Hh — % 199% + % % 1 162% — 4 BA — % 0 —% Bh +1 29% —1 6 —% 844 +1 Wh +% 0 -2 a —-1 14 —% 2m +% 128% +14, 81 +25 Bh + 104 amt 12% 8 me Wy EDWARDS OUT OF MORSE BANK Resignation of President of Na- tional of North America, Who Offended Ice King, Accepted’ —Western-Man Successor. The rerignation of Richard L, Ed- wards as President of the National Bank of North America was accepted by the Board of Directors to-day and Charles W, Morse showed himself to bh in absolute control of that powerful institution, The successor of Mr, Rd- wards will be a Chicago or Boston man ly to Mr, Morse and his interesis, From a director of the bank The Eyening World learned to-day that Mr, Udwards tendered bis resignation last Thursday afternoon at a meeting of the Board of Directors called at the request of Mr, Morse, Although Mr Morse was dropped ay vice-president of the bank at @ meeting held while he was in Europe last December, ho wat re-elected to that position at the meet: ing last week, The reason Mr, Hdwards resigned was because Mr, Morse criticised him for allowing antagonistic interests to triumph in the December election of officers, Mr, Morse let it be known that he thought that Mr, Edwards could not see hia way clear to continue at the head of the inatitution, although Mr, Morge did not request his reala- nation, Mr, Edwards, who hes been in the banking business In Wall street for more than forty years, admitted this afternoon that he was out of the Na- tional Bank of North America, He ex- lained that he was mereng. well along in years and wished to retire from active bysiness, At the me C, W, Morse, the joa king, began to form is combinations of banks in this are Mr, Ddyards was President of the Bank of State or New Fork at William street anid Ex- change place, Buorse, the First Vice-President, the elec- Mr, will act as President pend: wards, tlon of a successor to Mr, a LONDON STOCKS FIRM, WITH TRADING FAIR. LONDON, March 16.—Money was auteter In the market to-day and sup- piles were moderate. As A result of the recent large borrowings from the Bank of England, discounts had a hard- ening tendency, Prices on the Stock Exchange opened firm, with © moderate amount of busl- ness which helped the satisfactory con- el an unusually heavy Hettle- mi The feature was a demand for Trunk and Mexican Rails, each ing substantial gains. Gonsols nade vases, Home rally were on disappointing tule re= urns, Americans opened dull and recovered | ' \ Hive led by Chesapeake & Ohto and York, Ontario & West- ci Winch Were both'astive and advane- ed considerably, Afterward the tone was generaiy rather irregular, and the market closed fluctuating and weaker. Foreigners were fairly firm, Imperial UOTATION! Not Bayes, Heh, Low, Close, ob, 300 Mint, & Bt. L.. Ge Ole Ol — be 600 MStP.& 8.8,M,116% 110% 110% — 14 1800 MSL) ASM, 162109 100 M, K, & Tex, bs ey 1900 M, KK, & 60% 60% — 18600 Mo, Pa 107% 108% — 9» 3000 Nat. Bis, Co, O14 OK 1600 Nat, Lead yy 0 by 200 Nat, Lead p: 16% 100% — 300 Nat, B. & 8. WH oh — 100 Nat.R.RM, pf. 4h 44 43a | 100.N. J. Central...202 201 202 =I 90N, Y. Alr Br 162 164% — % 40900 N.Y. Cen 162% 168% —1 1600 N.Y. 48 40 7&0 201% 201m — 10300 Nor, & We 86% + 400 North Am, 103 102% 02% — 47000 Ont. & Wes. ... 1% 6% Ol —% 200 Pao. C. Ist pf..108 107% 108 1000 Pacific Mall... 40 45 4M Mi 14% = % 111% 12K — % 44 41% 2% 100% 100% + YH 19% 119% — % uo Mh 7% 8h + 2600 Press, 8. C, pf 01% 91 fle + % 70 Pullman P. C..2d7 246-2464 +1 M00 Ry. St. S'pg. 8 3 8% + % 200 Rep. Steel ..., 18% 19% —-% 800 Rep, Steel pf. 7% 76% 7044 108500 Reading ... .. 98% 9% 6% —% 2700 Reading ist pf ey 02. 2% 10 Reading 2% pfils 1% 1h + % 28200 Rock Ipland ., H% 31% HH —% 900 Rock Isl, pf... 8% 8 80 —% 80 Rub, Goods .. 274 25% 27% +1% 800 Rub. Goods pf, 6% 96% 96% 200 Slows-Sheff .... 99% 90 +1 908, Li&s.F2dpt 1% 1 1% + fh 82008. L. SF CHI cfi92, 178 192 +14 00 Bt, L. 8. Wes, 20% 264 BH + # 3900 Bt, L, 8, W. pe Gi 6344 69% 2008t, P, & Om,,.195 19 19% 8 85900 Bou, Pacific... 69% — % 900 80, Pac, pf...118 118% + % 9900 Bou, Ry. Co... 9% 854% 8% —% 400 So, Ry. Co, pf. 1% 6900 ‘Tenn, C, & 1, 91% EE re nana Se ana 200 Tex, Pac v1... 304 200'Third Ave. R,.180 2 Tol, Rwys .... 29 6300 T, St. L, & W 30% 5100 Tol SL & W p 58% 1900 Twin ©, R, 1,109 600 Un. Bag & P, 11% 20 Un. B, & P, pf. 7% 201400 Union Pad. ...136% » 40 600 Un. Ry, In. pf, 81% 5700 8 C I Pipe, 8% 8, C. I. pf, 8% |. R & Lm, I R&R Co R& R ot. 68 , Leather, 124 8 Leather p.106% 8, Rubber 42 . 8. Rub, pty 8. Steel .. 3% , 8. Steel pf.. 06% ac a Secce << P < = noe aoe abas); am ‘abasy pf 46% ‘enti house ae » Un, T heel * L. B, ti p21 i + 218 1500 Wis, Cent, pf.: 8% ‘The total sales of stock: sates and of bonds $1s5,0u 4600 <. = <sss= seSbfvecs Sg ¥ 5G eet z = 22= STEEL CORPORATION LOST 36 MILLIONS, ‘The third annual report of the United Btates Steel Corporation was issued to-day by Bibert H. Gary, ohairman of the Board of Directors, It covers the entire calendar year of 1904 and shows net earnings of $73,176,621, a de- crease of 4,680 As compared with the business of the previous year, Af+ er making deductions for the sinking ‘und, Interest on bonds and amounts charged off, tor various accounts, a balance of $30,267.59 remained, and out of this $25,219,771 was pald in 7 per cent, dividends on the preferred stock, The report shows undivided profits: for the year of $5,087,842, which Is less by er Bate than the same !tem at the end of 1908. LE WHEAT SAGS IN QUIET TRADING, Wheat showed a declining tendenoy In the market to-day after a quiet opening, prices dr ng from 3-8 to 1-2 of a cent all wound, Corn opened edad lower, but later nullied on covering. ‘The market at Chi- ago pieced, Ce ap Masi trade, ew York's openin ces were: Wheat—May, 111 $8 waly" 96 3-8; Bep- temiber, 89 1-8, Cio) 66 8-1 e ‘Chicago's opening prices were; Wheat —May, 112 FW rik 7-8; July, 917-8 to ay, 491-4 to -8; July, 8 to 4 i Beptembebr, 40 1-4, Now ork's closing prices were: Wheat—May, 111 7-8; July, 96 8-8 asked; Beptember, 8 1-8 asked, Corn—May, 56 asked; July, 56 1-4 asked, Chicago's clesing prices were: Wheat— May, U8 1-8 asked; July, 1 $4 asked: Beptember, 85 7-8 to 8, Corn March, 48 asked; May, 491-8 bid; July, 491-8 to 491-4; September, 49 1-4 Clearance Sale of Shirts. Men's Stiff Bosom Colored Shirts, made’ of very fine materials, light and dark effects, Cuffs attached, ‘ket began Its recent series of epurts, ex- /{po0), it was rumored, Was mush ati surbed by the appearenod in tha mar- bit ne ef 04 Met ot certain lots of stock which the) nacre ciroulated the te pool mAnagers thought were tled up. will be no call for the 60 per. cent, re THURSDAY, March 16. A spirit of caution, that bas been de- veloping gradually since the stock mar- ereised a deterrent Infldence to-day on the enthusiasm of the bulileh element, Stocks which shown an Inclination to tour above wielr logical altitude were pulled down with a determined hend, Some prices dropped, only to rise again under pressure of persistent manipulation, bét the general market took its cue from the split of caution, and the cloaw of the day's business saw a lower range of quotations. An avalanche of selling ord ruck the market at the outset, Poof oper- ators ad well as the small individual speculators displayed a desire to realise oh their holdings as quickly a8 posaltile. ‘he fact that a large proportion of the orders to sell stocks camo from uptown offices or reached the downtown brokers Jn the early morning mail, led to the belief that the so-called Waldori+ Astoria party had at its leat night's session orgenludd a concerted bear movement, Room traders gauged this bearish sentiment as haying more than temporary strength and turned in mer- rily to help knock prices down, Not- withstanding the energetic resistance of fume of the big operators who are look- {ng for still higher prices, quotations fell off right and left, in gome cases the decreases amounting to 3 and 4 points, Stop orders were reached in nearly every stock, Some of the pool managers soon as- certained that they had accumulated more stock than they ould oon- veniently carry, and the process of un- loading without material loss gave the market a seesaw charactor for a while, In various instances Insiders bid up the price of their own shares In the hope of inducing some outside buyer to take them at the higher ° figure, Most of the recoveries effected in this | way howover. were short lived, “Prices are too high, They must come down!" was the battle ery of nearly one-half of the traders in’ the Stock Exchange, In the soramble to sell i blocks of tock’ came! out from unexs peoted sources. ‘The Chesapanke & Ohk This pool showed great strength and determiitation In supporting the stbek | °U at the advanced market price, The far-) reaching Influence buylng of the stock in London, In| Spite of the generally depressing ten- dency of the trading thu price of this } stook waa held firmly above 68 through- out the day, The impression is gaining ground in Wall Street that the New York, New Haven and Hartford Railroad Company will eventually guarantee 21-2 per cent, on the wtock of tne New York, On- larlo & Western, Hence the ointinued strength of the last named stock In the market, There waa more or less Stock Wxchange talk to-day about a new On- tarlo & Wostern deal in which the New York Central ts to figure, Accord. Jng to this rumor the Vanderbilts will take the Ontario & Western Rallroad off the hands of the New Haven & Wartford and will operate tt as part of the New York Central system, The New England Rene will reta.n posses. sion of tho valuable coal lines owned hy the Ontario & Western, Metropolitan traction atocks came to the’ front as a strong feature of the market during the afternoon, Flower & Co, and other bullish houses pushed these shares witn animation and ad+ PAINLESS AN DENTAL CO. Inc F GOLD SET = OllcROWNS ‘Sue Filnn ita toy Denton teat trace, Our LT) and introduce our Thurlo Plate, bt a cae Peat att Biboe pactate yi} within Pet kar ain oe tn it ning, i Qel ra fn ed at Sah se "A. written contract given todo your ED rl at hl mee What AMO Talla : 0! a aty Atiendaste, Tele, rance on German spoken, OON Ss certainly 1 hi and baritone wing full stringed creh Aalde trom its tand wi ir to al $30 for a $50, UA fy Se ode ik NATURA est talking and sin, yak or’ are mous ijuantity for ( without the And they won’ cakes now, WE G) manutact Ls one of tl nufactyrers, nai lawt long, for they're OU" CONSISTS OF: 1 handsome 180.00 th fi an Tari ay Ja nity matt 0] fe Atami i and a bea! Th addition: 10 10-INCH $1.00 DISC RECORDS. Yes? Like then when thay're good? Thon you'll inost delightfully pleasure of listehing to, A duet hy the fafnous tenor send you home hum: Ni the dn our Uravtontone Date Md i {gieent machine is the most ing machine companies in tho is worth $50.00. Owing. 9 1,000,007 enables 0 put ot WH iit ‘machine; JarKe Bask iapanned “body! ONGS! Is one, for its undoubted iRhAble songe we one of the r had the rors, Messrs, Collins and Harlan, with jeetra Aocompaniment, cachy swing, the full, rich melody. ing and whistlini Hy record, if $ou own'a tacking, both, and we're netertnn @ trl nine ines A (eeu cut the 0 foie GOOD ONTS., teas thot tae), 00 Theatre Outfit To» Morrow. clear and Joud, It 18 m 1d, the enor: the price THEY CART! acing Uke the proverbial. pan winking arm, ifully grained Exchanged Halt. lnc: onlyColum- Bice (ai bia — 1903 Sonne, Dig. Macht DY ke—In t ent dot Ne, Gold. Moulded Cylinder Records. for a little wh! quickly pays for Millinery creations of our Our window disp:ay accurately remarkabl These Are Opening Days in Our Come in and see the fascinating showing of foreign models and the Parlors, Own workers, reflects the character of this je exhibit, all tastes and purposes nave recelved much $I.35, Were $1.50, $2.00, $2.50, in all prevailing shapes. tone Taylor, Broadway and Twentloth Street, Fifth Avenue, Ninotoeuth Street. Japanese Government ixes of 1901 wor quoted at 105 Ind oe be Quarter Size Collars: 25 pes cent., in some cases up to 100 per Water Colors | By leading arusts, Framed with | exquisite taste, in gold frames; regular prices 8.60 to 14,00; specia pager! EBS 2.48 to 9,98 Den Decorative Pictures. ‘The wreatest assortment uf novel- tos, suitable for den decorations, jn frames of Al designs, regu. ‘9 25, to 9.96 cial prices Slzes of frames 14x22 to 25x3414, of sub_e: | Our Annual Sale of Pictures a Collection Unusually Rich a! Prices Undoubtedly the Lowest. Tn this excellent assemblage of Pictures we are guided by two importint considerations—iigh quality and moderate cost, 5,000 pictures to take part in this sale, and on them with what others charge, you'd see at once the great saving -no less than Pictures that other stores offer There are here at least ‘Ou may rest assured that in the selection ought, I£ you'd but compare the prices i t cent, Here's part of the interesting list; D ning Room Pictures, hish and y} in paints and high oval and fancy srioea from. tue 5c te 14,96) class fr to ‘Re Bpec ‘Amos $20,00, prices Pastels. An endless variety In oval, square oblong and fanoy git | frames; regula prices. from. gy to poles ur ! ‘At $1—-The Biggest Picture Value Yel. | black and gilt, in a choice variety | | $1,75 and more. | of the Chesapoake &) m Ohio pool was evidenced by the Iberal | ;rsmswsss__—0—_1Wcm: th mining unpald surities subscriptions, vanced the price of Metropolitan Sex curios trom i to. 8f 3-8, Ks Identified with the Metropo! S-) hat’ this Interest purposes Capitalists Hitan deotat to take ho subway constrnotton I cimne supposed to be acting for {1 rt ttiat there on Metropolitan 8 Cali money renehed 4 per cent, toward hn close of the day. It ruled at about Now in progress are various Special Sales involving Spring Novelties as well as staple lines. Particularly interesting is the Annual Exhibit and Sale of Sum: me: Furniture, an event certainly without parallel in’ department store history, Sales of kindred lines — China and Glassware, Rugs, Carpets, Linoleums, Mat- tings, Curtains and Draperies— serve to make this a most Oppor- tune time for taking up the mat- ter of summer home-furnishing, Goods will be held for delivery when wanted, Boys’ Clothing, 2d Fi, rear, j Boys’ Reefers and Top Coats, made of tan and olive coverts, over- plaid cheviots and blue serges; Reef- ers finished with gilt buttons and embroidered emblem on sleeve; Overcoats made full and boxy; sizes 2% to 16 years, at.,....,...83.96 Boys’ Russian or Sailor Blouse Suits, made of fine serge; sailor or Eton collar models; each suit has extra palr of bloomer trousers, sizes 2% to 12 years, at... $4.49 Young Men's Suits, made of all-wool. cheviots and cassimeres; single and double breasted; value $10.00;, our prioe.....15.4. $ Young Men’s Overcoats, made of tan coverts; perfect fitting and splendidly cut; value $10.00; our price. .s.e0s $7.49 Sale of Cigars, bth Fi), Finest Clear Havana—Key West— Cuban hand-made:s— Concha Regalia, box of 50, $3.75; at $2.7: Puritanos, box of 50, value $4.50; at $3.49, i Panntolas Sublimes, box of 50, value $4. 50; at $3.49, Perfectos, box of 25, value $3.50) at $2.49, Favoritas, box of 50, value $6, 50; at $4.96. Club Selection, bux of 50, value $6.50) at $4.96. Robert Burns Presidentes, box of 50, $2.49. Havana Panatelas, all Havana fillerand Hi fpper, box of 50, value $2,50; 74, Agnes Booth Clear wrapper and fine combingt! about half price:— \ Diplomaticos, box of $0,at $1.74. Invincibles, box of 50, at $1,69, Perfectos, box of 50, at $1.49. Fine Porto Rican Cigars—Mac- anea~ made of the best tobacco grown in Porto Rico:— Perfectos, box of 50, at $1.98, Brevas Finas, box of 50, at $1.24, atelas, box of 50, at $1.24, rere “Finos, box of 100, at vedene +e — Sumat jon fille —————SS Astonishin Prepare for the A splendid assor' i g Summer Embroidery Of out of town sojourn, tment of aanped and tinted goods in Bureau 81-4 a) Ru val bretent In a free lende: during the forenoon, ‘The rapid fluctuations in thé priee of Central attracted much Ny Re ef this stock to 162 1-2 and up to 163 was considerable Tquidation part of small operators tively little Inside support, York Th R. H, Macy & Co.'s Attractions Are Their Low Prices, Bway at 6th Av. 27x27 inches, each 36335 fneke each 45x45 inches, each India Chuddah Shawls, New Models—Smoot $14.96 $24.96 $11.87 Coverts, Venetians, to $27.49 $19.96 $28.49 ) cloth. Bleven different models of ready, Particular attention is pure worsted Suits, cloth, handsome reductions ;— 56.48 Robes at bie ee He 24,99 Robes i oa Robes at $9.75 28.24 custom finished; made to sell at wal nd com~ o Women’s Shawls—Imported Novelties, Chinese Embroidered Shawls of Canton Silk, beautifully” embroidered in new designs, and fully fringed— 54x54 inches, each $ —one may easily be drawn throug’ 72x72 Inches, square, each $9.75 to $14.74 72x72 inches, double, each $23.96 to $28.74 Men’s Spring Overcoats. 2d Fi, rear, Box Model Coats, $3 to 34 inches in length, made of | Chesterfield Model Coats, knee length, made of! Vicunas, Thibets, Undressed Worsteds and .Cheviots in | plain black and fancy mixed, Paddock Overcoats, made of Oxford and: Tan Co Worsteds and Gassimeres, lined with serge or Ven Men’s Spring. Suits $12.49 to $28.49, Men’s Robes, Shirts & Neckwy. tot FL, th Bt ‘ Robes and Home peg diy ihe trimmed wi cord or ~ In r figured Silk Robes, lined and trimmed with a8. in: ate, ha | prio, ay ade Tait dept Bk ar Hoy ue de Marte 1 ‘on 34th to 35th St, an, 49, $3.74 and $3.96 Hie, $575 tnd. sacra 7.96, $8.49 to i249 fs pray end White, *etyfnh: AA in gray and white, very fine texture 4 ordinary finger ting hly Tailored—Silk Lined, Whipcords and Buckskin Covert Single and Double Breasted directed to our latge .49 Robes at ps bi 12,49 ay $9.48 Robes at \$4 Nogligee Shirts—A ‘special lot of 1,800 Plain bosom Shirts made of fine imported Madras in a varlety o} $2.00 and $2.50, sale price 4 Stitt Bosom Shirts $0 quality......0 \Spring Neckwear— too heavy, others too regular ling, though he blocked, manner, You prol : In Regular Derbles Scarfs, Pillow Slips, Table Covers, Laundry Bags, etc,, worth 49%.,, ll spools, worth 25c, box, at 8¢, t 29, vitied Embroidery Silk, in all colors, put up in boxes of 25 Main floor, centre, Central Building, Bedding in the Great Brass Bed Sale. Care in Making—Wonder in Pricing. We do not exchange Bedding, for sanitary reasons that are well understood, i that it was so superior wishing it exchanged or re sure of every h Bedding ourselves, foreign matter can intrude, made in this building, And with all this care that so per are lower than those 0 Mattresses, $8.10, regularly $10, Full size, gdod mixed hair, , tick- y, 1 or 2 parts, Smaller sizes priced in proportion, South American Halr Mattresses, South American horsehat’, covered with A.C. A. ticking, in 1 or 2 parts. $15.80, regularly $20.00. Full ze, Smaller sizes priced in pro- portion, Hair Mat'reses, A, & 3, Special. This mixture of hair ts made espe- cially for us, and is guard id to give better service than pure South American, Covered with A, C. A, ticking, in 1 or 2 parts, Fourth Floor, Bast Bullding, that ther 1 we ai fectly 50, BA, If it were for no other reason than that, we would see e could be no possible reason for turned. So that we can be absolutely air that goes into the Mattresses, however, we make the nd so carefully that not the tink No old Bedding is perm! jest died of ited to be re- re absolutely sure of quality, Yet insures your satisfaction, our prices f others who do not take these precautions, $12.00, regulariy $18.00. Full | Smaller sizes pricea in pros Size, portion, Mattresses. $3.95, regularly $5.50, Full , African fibre, with mixed hair top and fancy stripe ticking. Small- ey sizes priced in proportion, Cotton Mattresses, uuder layer process in 4 or 2 $8.50, regularly $12.80. full size, Smaller sizes prigéd In pro- | portion. ‘Cotton Felt Mattresses, Extra Quality Made under layer process in 4 or 2 parts, $12.50, regularly $15.83. Full size, Smaller sizes priced in pro- portion. Inet i Four-in-Hands, rich imported silks, 2¥% and 2 ¥% inches;.$1.50 quality, 94c.; $2.00 quality, We also offer a special assortment of 234-inch F Hands at.24c each, These are made of short silks used! in making regular $0c., 75c. and $1,00 lines, Men’s $4.00 and $5.00 Derby H at $1 98, Ninh i Becausé the Hat bodies in the rough varied in wel; ht—the manufacturer barred f bably. could not detect the so-called imp and Soft Hats at $1.88, $2.49 es sold by others at $2.50, $2,50 and cheviot and fine madras; 946 Fly rear. 0 trimmed and finished them in Stocks We Offer The Most Desired The airy, fairy creation have set Hf femininit - dainty Laces that more than ever this season waist trimming, dress trimmil sleeves, collars, etc. All are her fresh, new and bright—at smallest pricés {maginable, Ecru and white, 45-inch’ Cotton Net, in dots and small figuri used for waists and oy Fil ? value $1.00 to $1.35, a and $86. « 48-inch Venise, in ecru white, Specially fing value, reg ularly $f,25, at... 79¢. a yard | bili Bey hy) wie lets, value $2.69, 1,00 a 1,500 yards of ecru and white linen Watiste Galloons, a signs, fine St. Gall ue 75C, at vicve y | * re whe and Hck, Nowe ored, white a line de Sole; hard and finish; 40 inches wide, val 75c,, at 496, 9 $12.50 Value at $9.95. ° The daintiest Spring and Summer negligee wear, House Gowns of China Silk, in all colors, made with fancy collar of tucks and lace inser- tion, with edge to match flounce }} on skirt, kimono sleeves, trim. med to match collar; ruffles of silk and lace trimming down jf front of gown, $9.95. : Becond. tloor, rear, Central Building,

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