The evening world. Newspaper, March 14, 1907, Page 1

WEATUEN Clearing and Colder; Friday tate, NEW YORK, THURSDAY, MARCH 14, PANIC IN STOCKS AS” [HE MARKET COLLAPSES Avalanche of Selling Orders and Slash- ing of Values Bring Traders to Point of Frenzy, While Omi- nous Reports Spread. “READING. HARRIMAN AND HILL’ ~ ISSUES STILL UNDER ATTACK. Feeble Attempts to Rally. the Market Fail and List Utterly Without Support Slumps, New Low RecordsyBeing Made-. ~- Money Rates. Soar. VF Stocks closed in a panic om the Exchange to-day. Not since the bwild Northern Pacific swirl of 1901 has - there been such a scene. Brokers were driven to the point of frenzy by the avalanche of selling: jorders, while Wall Street teemed with excitement, Prices dropped -40 to 20 points, and the-battering of values was still going on as day’s busitiess finished.” | Reading dropped 22 points and Union Pacific 24, cific, Northern Pacific, Great Nortnern, Penmsytvania, Missouri-Parific, St. Paul and Delaware and Hudson came in for such a drubbing at the | ~fhands of the bears as they have not had in many a day. Only the closing the session of the Stock Exchange served to halt the collapse along entire line. Among the alarming rumors accompanying the. collapse of prices one to the effect that Attorney-General Bonaparte would move for ithe indictment of E.H.-Harriman. Another report had it that the ad- } {ministration at Washington had made it known in response to inquiries 4 hat its attitude toward the railroad corporations had not changed. The circulati™m of rumors of a break-in relations between Kuhn, | oeb & Co; andgf. H. Harriman, although denied, was 2lso an influence | the renewed Weakness of the market. Tight money was” again a factor in the decline, call rates running up to 25 per cent. g + Several apanmodic efforta to rally the, ~RRFKEU I The -wiidest moments-ot con~ {tuston met with but meagre success. hin afew instances the downward os wan checked for a few minutes CORTELYOU CONSENTS JO AID THE BANKS. jand even a fow recoveries were scored, but all this was fleeting, The tempo- leary. checks indeed seemed only to leerve in the end to add to the fury of ithe trading. <ifho ‘oldest and wis treet were badly sto venture a reason for the enor- mous shrinkyge of valu Everybody (dee thal tt was-a- bear raid of ich vielence thal.no power waa strong. ough to resist it. % \ But there was one point about ft that 3}. of broad public interest. ‘Small. in- vestors were few) ‘ani far between in the tumble, and 80 the poor man {a not ‘the loser In this Roman holiday of Wall ‘treet. The rich man {s at the feast, cu jand he is paying a price for it that ts |9ct 22, 1908, the $12,000,000 in circiiution Mkely to make him have yain regrets | required to be reduced may be retained for, lo, these many da Iwith t seourlty now on deposit. |PxC wea ithe suddenness of the genarmty Pt sia ONCE Jeollapse that carried all of the pisscers om their feet, But the “TENEMENT AT BUREAU WASHINGTON, March 14—The sec- Yetary of the Treasury has instructed cuntoma receipts with national bank ge Positories already established in the same cities as the customa-houses, Tho Secretary also ha {ssucd -a cir- cular announcing that he will _regeem, t heads-in- Wall None alarmed. and coupon bonds, .4 per ocent., 1907, to @n amount not exceeding $25,000,000. The bonds may ba presented at once for redemption. The Secretary also has ‘of lguidation started the bidders simply |} fled In confusion and then came. the tumble. A Rumors were current from time to {time that some of the large commiesion jathere was a decided feellng of un- ver day nany of the large specu-l'cg. Crowley in another step in tual Jatora were hard hit, All of the trading} oie yoew, Mayor” MoClelt 4 Wiig of tho warlest hort, and 1tWaa Oe ee ee ee nee a omelet | vious that the large operato: wel on | SNA OR aes MEPRY ea ed Le Ons. The lookout for another severe wquall, | #MP hangw beside thowo of the other Union Pacihe opened at 141 12, 4 new | eMPloxees Of the sity Kovernment who have refused to ‘desert Tammany Hall Mow record fur the Harriman road since ft becanio w10 per cent. dividend-paying |ahd Ube up with toe MeCiellin faction, The oampalgn against Col. crowley ex- tock. In the face of slender afforings dt pisked up strongth In a few minutey| leaded over a year, ol, Crowloy appointed by former and got up to 13 14, but ot this price nari are fave) taket Teiement ous Coamissioner ‘Thomnay ld Neb dad herent Fale fit, now-on the General Bess penliedstsst oom mon braced ub/n DIE tions Wee" Minen “the “Stuyor “dia: after the slump of yesterday, the pre- | ainsed Conimlenloner Crain je could ot Mgerred did not seem to have even ita . Crowley icon: eloslng strength. Thien they got i yretueed to-desert.‘aramany: eronetl nd the present Tenement House Comininsioner, ‘amond J. utler, acts tax, under inatructions, Zrom. the Hail, preferred chargen of ait ‘ot and sepa Eee position as secretary to ‘the ataaaest (Continued on second Rage) tha eats Guickest com Rou ee oe page ~AIl of the railroad stocks were rapped for many points. Southern ACI CITY. PARK ‘|place) 2, Granada 3. collectors of customs at places where it | {s found to be desirable to depoalt their | with taterest..to July..1, any registered. . announced that under the clrcular of | o,55 jovges were tn deep water, but these +: ora promptly. dented. Col. Chatles Crowley, of ine “Tetan | } With the opentox of the market! volunteers, has-been removed trom hls Union Pacific ....e.eeeseeeeeeee Reading Amalgamated Copper .. 1} Southern-Pacific-.++++++ |] Great Northern pf.. j | Delaware & Hudson |}St. Paul ........- Anaconda ......++ Northern Pacific ... New York Central Brooklyn Rapid Transit. . Steel Common . Pennsylvania . Smelters .. |LOSSES IN PRINCIPAL | | STOCKS IN TO-DAY’S CRASH. Open. Price. 445 115 98 8214 443 185 13814 6534 Clos, Price. 12434 93 81 76 437 16734 12514 544 120 11114 47. Net’ Loss. 2056 | Ship As hore; iNav and ee coe th in Fos ) Abe”’: Hummel’s Story Is Partly Admitted in Court PRICE ‘ONE. ‘CENT OR, FLNT si THAW | OANE WHEN HE KI 2034 1734 534 3% 1944 1314 RAIN AND MUD SPOILS “DOPE” Track Is clean and Bet- tors’ Calculations Are | All Upset. NEW ORLEANS RESULTS. “FIRST RACE—Lute Foster (5 to 1 land 2 to 1) 1, Dick Rose (4 to 1 for | place) 2, Prince Bowling 3. \ SECOND RACE—Kara (7 to 5 and 1 to 2) 1, Lights Out (even for | place) 2, Gubadar 3. THIRD RACE—Sallle Preston (3 to Said out) 1, Lancastrian(3-40-5-fer- NFW .ORLBANS, March. 14.—Heavy. SECOND RACE othet ec ‘course; THIRD RACE—Seven-elghths of a mile. Ant arter, 108 (h-Day! Dallle Preston went to he front. at the start, made ull the ae and_won In ta gullop by fe lengths “from Lancay- trian, who beat Granada two lengths, iment In tho parade, rhe he led ais 1 =e Crow: coodinys yin witnesse! [course to. tie uring. Hi | ince was tt courts he strung out the last enor Co retain wu ‘ough a writ of prohibition | restrain Somminsioner from ine charg! Ae: This form of wi Teourta Was not proper un elreumat Commisztoner talking of the decision, the order of remoyal, Application for a writ of certiorari to compel a reopening of the trial pro- ceod.ngy bas been made nd the matter Is now before the courts, Until st ts decided tho Tenement House Commia- 1 have to get along without a retary, Gol. Crowley hax deen offered two {Rog noitttons, Dut he tas refused potn nd endeavored to eetain: his position in ¥ | tho Tenement House Department ak @ mae riot prino’ aye Ho holds thee eee vas oe an of tie Apaniah was, Jasued solely eshuse ot of Mint ical a | Ohlo. this city. shall way at the St. them very 11. 17 DIE IN FLOODS, TOWNS SWEPT AWAY. PITTSBURG, deutha from (iis clty and other places in Pennayl- vanla were reported up this afternoon, This Inoludéd three tn The record high water ménaces Many are homeless in Alle- gheny and McKeesport and 100,000 men havo been thrown out of work, The loss by the shutdown of factories and damage to property will reach $1,000,- 000, upon County FRITZ| SCHEFF, IN GRAVE PERIL, FACES THE KNIFE Suen Onno Neces-; sary to Give Her a Chance for Life. “Poor Uttle Fritz! Scheff ts in a bad Her strength ix @t a low ebb, she suffers Intense pain and whe faces a serious operation, whioh cannot be performed until the inflam- mation that is the basis of her iliness subsides, Two nurses and her husband, Baron Fritz Dardelben are In constant attendance three physicians in {frequent consulta- tions over her case. *Chavlea Dittinigtanr, convinted that she will not be able to! sent to the scene of appear on the stage come, even though she should recover Regis. her, pain and waa unable to sleep Jast night. As soon a# possfole an operation will bo March the. flood Reports reached here to-day that the towns of Majorville and Viola in Mare Virginia have enn swept away, but no lives lost. St In West Sunday World Wants Werk and there for months to she ~went — to to a late hour through the boiling surf. due to the fog. in ballast, every big wave more firmly ombed her in the holding sand. Durini and at daylight great waves Wi ing over the decks of the coe was lying well over on her anid are sa lendencered Men of the: Steamship | Gowandburn Are Hauled Through | |. Great Combers’ by Means of Breeches Buoy. When the Gowanburn went ashore In = the dense fog {t was supposed that she would float at the next tide, as she 1s Put the sea Was heavy and | edded g the night the strength of the surf Increased, © dash- She J roll ine as the mountalns of.water struck manger, tee Te big Merritt-Chipmatt wistking: tur tte Gowa: Ket close enough, tO Che slip to drag through the booming surf. that the line was fast ta the ship, sh mile. | Gwendolyn Valentine, a he. ah Bally’ Preston, 92 (A. Martin)... 3-5 French Lick Springs, Ind, At a hotel waa just beginning to 6 a Ipeere tay yt on pian $2 85] cr that resort Miss Scheff ant) Misd Vaj.| Bits Of.wreckage coming asho rea nea 03, (storch * Bs nine partook pf wome fish that mado| surt showed. that most of the ay a . and déek ~Atting had works loosened by the wives: Leaves the Ship Last. Capt.Forbes was the Inst to the ship. in the day phone with the to communicate by thin stunt, ¥ of the vesse her sides, ock, and 1a of 2.723 grossa tons. Another steamer aground the fog {s the German tramp ‘1 Capt. helped to pound ho! “agents \orithe yi nburn wreck last pixht has been unable to eT and completely exhausted after the long While DBtartere, wel Xe; “ - Kame 116, “Murphys Bete | bertcemnee the rescue of the crow! waa Deine, digits Our ag, Fa ie Se j The illness of Miss’ Gcheff dates to al ried tho surf became more violent Gackson’ Day, 120, 4. of 8} month ago, when, with her company, | under the Influence of w southerly wind Hnretoot 105, Potiosk: do | whe reached Pittsburg after a lonx tour] sng the occastonal glimpsca the life arabe 1S Bors ya 2] of onernight stands. She was phystcally | very got of the Gowanburn througt Incantation, | 135, $$] run down and very nervous, Mr. Di] 1°75," indicated that she had half ‘Won easly by Kara by two lengtha:| lingham ordered her to tko a rest. [000 0M TAghta Out was five lengths tn front of} An understudy took her place tn the| Utne an taken ashore reported Aubador, show, and, with” her_eecrotary, Mian} The seamen which pleces. eth leave “fig had been) ashore earher * tele- M.—Seventeen| fy co Steager Company, of N menaces| yory. While ho expr the hove that tho vessel might be saved, he ad-| mitted that her predicament war serious. The Gowandurn wae bound trom Australia for this port got lost™in the fe and poked howe on the Great Bouth, Bay Bares has a lot of trovtore Inher hold. ana} ned loose by the roling\) les mn ‘The versal halls trom Green-/ Decaus or; Yards AW gether and locked ike a pair of giant Both were ratsed off their trucke azal turned aliarply aaido, cara rines, Eggers, carrying a cargo of oti valued \at $250,00, She was bound out | tore’ ") i. The former teft off by the Blue Point life-saving crew by means of the breeehps In the riyers and bay about New York there were sev: and-little craft staggered slowly about in thes murk. “TN PAW later find a fracture. A panic wus tied back to a stands! |mad d cugh other und crying one ne of. the older rain we! eut by severe brulscs. 4] “Horaman was Grimes, of St. Vinc dn’ an umbulunce to li tenyille, Tho trains In colli tenyille at SUL und th carried the school teaville at about the picked up the childr High-School and the Academy, at BL Ge enot and Beince lithe right of way; us 4on a aiding ut it 0 engincer of No. Ig Were vet for hin wrestlers. aving the ra: started out of thelr wits they h, for the doors, trampling over on atationa, all of whom attend CREW OF WRECKED STEAMER RESCUED: COLLISIONS IN BAY The big freight steamship Gowanburn began to break up this after- | noon under, the tremendous pounding of the surf, where she has been ashore-since-yesterday-on-the bar outside Great South Bay The seven- [teen wwhite men_and_ nineteen_Chinamen composing her crew were SCHOOL CHILDREN IN A TRAIN COLLISION = heud waa also cut, and che doctors may among th.” Brighte for help, Many of the Httle ones avere ‘brulwed and had ‘their clothes single ded by Cs Hospital, Wpst Urightop, and was later conveyea Vor in hone at on were Nos. 4 and ivorke for Tot latter, which: Statea i uguenot, Hedi to proceed, kept on. i prain No. 4, 4s only a few hundred tind the collision was not ta be avoided. The engines came, to- | 2 e is together, wrecking thelr front pint: [aie forme. F taken} buoy | collisions ran in a wilt, but not a ed a doctor's attention. Dr not find 4 on the aiding, but he sayn the sig. and sraeias Ab WHITE Dr. Austin Flint Asked by District-Ate | torney the Hypothetical Question © | Framed by Delmas and He { | i Answers Against Prisoner. : Ya i ti CS EVELYN THAW MAY BE ‘CALLED AGAIN TO TESTIFY. | Will Say That Story Told bss Abe Hummel _ Was Untrue—Jerome Is_Also_ Likely ., 10 Be Called as a Witness. ° @ Late this afternoon Dr. Austin Flint was called to the stand in the Thaw murder trial. After establishing his right to be accepted as an expert Distiict-Attorney Jerome asked him if he Felieved Thaw was sane or insane on the night hé killed Stanford Wint 4 “I believe he was ae ihe eeplict ang L believe he was conscious that the act was wrong.” tecided to put Evelyn Nesbi Thaw (ill deny such able to get in, ‘She | Abraham Hummel, the defense. Ta ‘on the stand in rebuttal. The young wife of Harry of the Hummel testimony as the District-Attorney Various liners anchored off Sandy Hook and. the big it-atso-swear-that-at the time=she signed paper tn tfunmnret’s “onice, |the contents of which she did not know, Hummel was acting as her — lawyer. It was announced at the opening of the trial to<lay that the defense would’call District-Attorney Jerome also as a witness to impeach ¢ testimony of Abe Hummel, That such * move woul. be made was apparent when ‘the defense qanounced that part of Hummel’s testir | i would-be-admitted-without objection from the Thaw lawyers. ling to allow Mr. Hummel to te: Mr. Delmas said he was w Evelyn Thaw had told him “that” Harry Thaw had proceed against Stanford White. Igasmuch asthe —Distric tin wis argument yesterday over; tie adinissabillty or the Ho | mony, managed to tell the jury everything he expected to Hummel, it is supposed that the defense has concluded to allow the get. from. of the felony charge at th enrliest pos- to the prose- HIS LAME HORSE i} Rutherford, Finely |: I Mrs. Gowned, Splashed in Mud to Cause Arrest. at Alienist All There, ue, was ed to his wagon i Ham: imental rained, ont ve by the bridle ment tls poor anima nud ie woman, two Of t it to yo her in a <i to help the horse Jan Ge whip and started ‘catowith the woman in wed him to Myrtle found & policenuth, et ve Quinn, f the station. Ho rea ) j rested who was held-tn ball in, Adams Street Police Court. ol titrepld yoru, her own and Ho started off as fol- , there canbe no doubt man's mid cat at bit Nxured at Abra Thi h Nao EAT RAVER INE DRO ETH eee “ana here yesterday, a6 ing as bls jént and he as her attor » as Rutherford, "et "No, 10) eet ao a ar ney. 1 bol sible moment. Ha’ aw killed Stans |ford White nine moaths ago. tmmo- diately the -District-Attorney recelvea’ ~ information that Abe nel had some “For the purpose oa ata biishing- the faisitSe of-the-testimony of Thaw Hooded City Park to-day and up- | eee aae oCULRe heay | Ribas - tthe calsiations. of ‘the players who! after the operation, wired orders to bah saeco liceuezare succecde 200 Staten Island Pupils | reputation” 6f the witness to stand against his evidence. : had figured over night ona fast track,, the performers ih ‘'Mile' Modiste" twi nt: to ins: i ie sseteiat ona aib |e ; nublicly state, Aba 7 mE | Jugeter ‘was withdrawa trom tho tourth | Weekw hotles: “The show will close in aeulina Aaa ae Saat in-a—Mad—Rush_to. Disirict-Attorney_ Jerome has publicly stated. that “Abs “Hummel | race, khua spoliing the prospects of a] pontreal SDM, } ls of the community for twenty years. 7 a mento go ashore : was a men. to the morals of -the ¢ y nty years. | wvod contest between the B, & O, crack ‘ Saat | NOs KNOW any. of hia men Gain Safety. i _ tnd. Gloritier, Fitey-olenth Lenn AnUisiaterertoaa | Willer ne novatitstherelwes (eer : y JEROME WILL BE IN A 11x j A ee kee Misg Scheff's father and mother; Dr, [Of *VDE = ee = tel yieie: ; i If-called as-a witness, the District-Attorney will have to say that he |e cerewelght, Socket ee Sl Reestpl aati thee a ata Captain Forced to | Srog. caused a oreck onthe Perth = E rasta: fara Po bi 3 howe Abe el i this-conmmiunit Haske: | Bick Rowe’ 100," flowers: 1) FlGerster, of At, Sinal Hospital, are. the| yo pumpa refused to work mortly | Amboy Division of the Staton ee rknows the reputation of Abe Hummel in t mime if it princes acing. i 83 | phyaictana in_charge_of Mise Sohef's | pefore noon, having become clogged | today. lil al en LAG el cat oa lis good or bad, he will be up against an embarrassing p eo 24 Ltgwing-wtatecsen 40-0057 out the f61- | ath _eand._nnd_the, Nese! Tad VECO wld. pmaeemsern Anata ae ashe mel is tow-under-sentence-of one year-on a misdenieanot con t 2 t ; driven so far up on the bay ta STadout two hundred school children, met | a Bamate, gh Senrenlsaataitilen eke bone deobiint pope ‘sna no prospect of palling neriiot, Reaal on on altitle truck Just optaide {there is a feiony indictment nt agains him. peaneeeo Pte $y tng out We javeloped “into ger the circulistances “Capt of “Huguenot. Hoth engines andthe any iletndiotment ta-on- tie-in the: Dis tana hi. 165, $| alignt perttonitla and acute-inflamme- Yeave hls ahip. first car of oach train were derallod, ‘ j ‘ 08 ep thought 1¢ best to le ’ 2 lerlet-Attorney’# office, When tummet i le. jon vorable, but she ‘able, Wero sent ashore Z ‘s p " = heck ee Ure Roster: “Bio - 2 Y almost unmanagabie, oualy Injured, He Jumped when the nome fMfteon months ago-the District- onlyon, by Lute Hoster one n0o-l a worse to-day: Ghe suffers intenac| FT hey reached shore almost frozen| Coty MUST | ihe te elon Dit ce GONE GN a y