Newspaper Page Text
THE ITEMING WORLD, TUB 8DAY, DECEMBER 10, 1911.
Surrogate Computes Valua
tions From Earnings df The
World and Post-Dispajch.
dated .Tan 1. Iflt. shier tht h n'
pront or Dial rot p.ir uion
For Irte year 11 VtTV
Tor th ar IW9 am
Kor in er llft were
Ker the yr 11I
MAY SEND REPORT BACK.
Declare? State Presented No
Witnesses and Fuller Testi
mony Should Be Taken.
urrnrt Cohalan haa handed d"wn
th folios-In- opinion In ronnrfltlon with
th spprnlaal of tiia estate of Joeeph
1'ulltser. Mad In rh HnrroKnta'a Court;
"Mr. Joseph Pulltsrr died Oct. U,
IH1. Hla will waa duly admitted to pro
bat la thla court Hla raal property In
th State of Now York as ah own by
Hie tax appraiser- report, tiled to thla
oert. Nor. ft. lilt, la velued at .l.l7.a.
The personal property filer deducting
therefrom the debts, eoaimlaalona and
dminlatratlon essonaaa la valued In
ueh report at ett.NMM.0). Among the
iteata of personal property are the fol
Tour thousand tilae hundred end
nlaety ahares of the Praia PuMUMnf
Ooaaptuir, par IN per ohere. eeprelsod
at Nat.N per attare mjeQm
"Nine thouaaM one hunirod aad el-tr-four
ahorea of the Pulltaer PublUb
liuj Company, par 9M0 par ahar. -praloed
at IU1 T-4)U 110.117.
"Among the affldavlta submitted to
the transfer tax apmolaar In retard to
the value of thla atook appeera one of
Mr. N. H. BoWord. Auditor of the
rresa Publlohtnc Oompany. publisher
uf the New Torh World, daled Jan. .
i U. Hi which be atataa that the not
p rants of the Praaa PubUohln Company
I 'vr the year Una wero p
For the year IMP were oot.nt
'or the yeer 1110 wore 702.174
Kor Uie year ml wero KJ.MI
Total .. I2.KI.BU
SURROGATE WOULD NOT US
TRACT THE BONUSII.
Trom thla net total the appraleer de
tected llOvOOO. allaped to hare been paid
aa boatioee to ampleyeee of the news
paper. The nature of these bonuaeo.
rheehor sifts or eonti . iuai outlgatlona.
Is not shown. Aeaumlopt Mww son use
to have been voluntary alrtDu4lac to
rbo omployoos of Ins newspaper, la my
opinion they have boon erroneously de
ducted, aad the net proflts for the four
years should bo placed at N.Kl.ttl. la
stead ef tl.lM.sn. This would make the
avorasjs ast proftu tot its four yeare
HiinoSiP doood rot's dea'h tMtttO.S, ta-
bead of mm.Ue. as mown In the report
an avarsre of net profit for eaoh of
eaM four year of tOW.iat 7.
DECLARES STOCK IN SOTH
"Amotif th asaets of the I'ren Puh
llehlnf Company are two aharea of atocM
In th Aaannlatid Prose, and among the
aa1. of th Pulltaer Puollahlng Com
pany of at. Ixrula. Ma, was one ahare
of stock In the Asanclated Prose. These
shares of stock wore appeal J In each
oaa at oho face value of f 1.000 per share
and the only testimony ragerdlng their
value la Chat of Mr. Mel Title B. Stone,
who tea titled that thla Is the par value
of aeld otook.
"In view of the font that the net earn
ing or the Preei Publishing Company,
without ded noting bonuses of II X. 000
from th earnings of nil. averaged
MS.0. aad dedvotlng ewoti alleged
bonus! would average MM.U0 for each
of the four years preceding decedent's
death. Indicating a return of almost II
per cent, oa t 014.466, the appraised
value of ohta .took, and the further tact
that the average yearly not earnings
for the foar roars preceding the de
redenl'a death on she atook of the Pu
lltaer Publishing Company of ML Usui.
Mo., were Msl,4M.T, Indicating a return
of almost 17 per cent, on ll.lli.T17. the
appralaed value of said stsoh; and la
vtsw of the fact that Oho par value of
the aald stack waa taken as the ap
praise! varus of aald Frees Publishing
Company's and PnlHlor Publishing
Company's hotline of the otook of the
Aseortated Proas, the a trek WHhOUt
which any paper pakllshid In Now Tork
city end ot aim Wig to be Brat eleoo In
Its ran could not wall eslst, It Is quit
apparent that these several aoourlnos
have been grossly undervalued, possibly
to th nxlent of many mllllona of dol
lar, for on a I per cent baala of earn
ing power the holdings of decedent's
aetata In she elook of tk Pros Pub
Hshlng Company should be appralasd
at upward of 111. 001.000 Instaad of
13,011. W. while th holdings of de
cedent' estate la Oho Pulltaer Publish
ing Company on th sans basis of earn
ing power should be appralaod at up
ward of M. 000, 000 Instaad of n,laV,TT7.
"If the proper-tie were Bgured on
s 10 per cent, bests of earning power
the value of th estate's holdings la
th Pre Publishing Company would
b upward of Muo.oto, and th rain
of the holding In th Ptolltssr Put ten
Ing Company of t Usui would he tip-
ward of 14,000,000.
Hearing all thla fa mind, toapud
with ths clrcumatanoss that no wtt-
ne wsr called on behalf of th
piste to contradict any of th teatl
mony offer ed on behalf of ths eat ate ef
the decedent, It eoem to m that ths
report ahould bs remitted to tk Ap
praller for further and fuller teetlmonr
long th llns now oriMelsea.
"It I contended en behalf of the
of th tranefsr las appraiser
"Ths affldavOt of Jane T. Keller.
A aill it and Treasurer of tk Pulltaer
Publishing Company at ML Louie, Mo.,
th publisher of the) St, Lou la Ulspatoh.
Save Time A
neuusg and SbsBBbS MtTBBWARI
au th anas.
Isneita fnatat aad ana ImMii WIWmii
-wUh Ine Awt thes aor etksr palish.
Ttx Blaotra auteas Co., 10 nnTaV. Paw To.
SsU by Sigssso aad Praggtrta.
Uos letrtro lofcti MOChwa
jfranhUn Simon & Co.
Wlfl tlose Out Wednesday
We Jkttmrntinm No AjetttXaTsls
145 Women's Tailored Suits
Drsssy or (.llored suits of imported diagonal cheviot, English
serge, Bedford cord. Velour de Lalns or Corduroy,
Htrttofore $19.50 to $49.59 "
185 Women's Dressy Gowns
Afternoon gowns of chtrmeuse silk, crops meteor,
velveteen or serge, in blsck and ail colors.
Havtofore $29.59 to $$9.50
97 Women's High Grade Coats
' Silk Lined, Wool Interlined
Of imported Velour de Laine, stockinette chinchilla, heather
mixtures, broadcloth, chevron diagonal or serge;
also a number of Evening wraps.
Heretofore $29.50 to $45.00
NFlh AVE. 37th and 38th Sis.
t H -.
UMMuk atC week. OieU
esUte that the nsrsensllty of Joseph
NIltMV waa In a great meaiur r
aponethl for the eernlng oinarlty of
theae two newspapers, and that hi
death greatly reduced auoh earn nat ca
pacity. If this contention la made In
good faith It would be very easy for
the estate to show the earnings of
these twa newspaper for the pear
since docedent'o death, bat no teUmony
of thla kind Was offered."
of th Common lt power to let IS
I late In mgarri to tr.nt, aoaatakePl end
The C.mnionwMt flovernment re
eei Iv found r -: In th grip of th
International me) Trut when making
i pur-dina of raJla 1 It was also oon-
ceroed over toe alleged IntenUoa or
the Amerloen Href Trml to gt the
of Australia In o It hand.
IRISH CROWN JEWELS
Such Reports Have Been Current
Before Without Being
LONDON, Dsn. Is. A rumor Is otorrant
In linden to-day that the Irish Crown
leweta wbloh war myeurlously stolen
from Dublin Csstls la Jan or July.
1M7. have been a myetertenety replaeed
In last la their srlglaal position. It has
been Impossible as far to ebtsia eor-
roborauon of thai report.
Or several prevtovs so est ens reports
sf tk return at the Irish Crown Jwh
to ouana castle havs galaad curreser.
nly later t be dawi edIOsd. The )eWU
Stotsa War tkose seed Ml the cereesoay
sf InvesUture la tk Order ef SL Pat
lick, tk processional cross studded with
diamonds and ths Jewelled sword, valued
to all at pat. 00 Mr Arthur Reward
Vicar was the eustodlan sf th Jewels,
but he refused os appear before a oom
mteelon which was aaaslatad t Invest!-
Ulster sUng-of-Anaav "
AUSTRALIA AFTER TRUSTS.
MOLBOtTRNE. AustrsSa, Do. M.-A
ayonopol! bUl waa pasaad tswough 'ts
Snal tag In the Haws of K.i pre
sent stives of th common w edits of
Australia to -day by a vote of C against
Pt The at 4 re gives ths Oo vera mailt
A CLEAR BRAIN
COMES FROM A
If jron overload your otomack yon
must softer from a dull brain. With
the stomach ia healthy conditio few
-U ... trn.iKl.rl with brain fa.
Headaches arc caused ninety-nine
times out a hundred by a disordered
'UTheiUnisch I the custodian of Life.
Health aad Strength. If you want to
hasp yosr body in good health you muot
not abuse your otomack by tearing it
with atrong cathartics.
Cooper' New Discovery directs its
attack on th cans of itomach trouble
which is catarrh of ths stomach. Thl
ittaiail lo ths curse of th American
race. Many people have it who do not
know It. It ssps their vitality and weak
ens their braia power.
Thousand of people are half-irk
all the time. They are droopy, tired
aad fed all worn out. This i rausrd
by stomach trouble which could be
remedied by Cooper's New Discovery,
which may be purchased at any drug
2. Altaian $c (Ho.
hare In stock an extensive assortment of
from which selections may be made for useful
and ornamental holiday gifts. Included are
luncheon sets afternoon tea cloths, center
pieces, scarfs, etc., with trimmings of hand
A Sale will be held to-morrow of the following:
Center Pieces, trimmed with hand-made
French Cluny lace, each $2.40, 3.20 & 4.75
Doylies to match, each 7c, 25c, 60c & 75c
Linen Dresser Scarfs, decorated with drawn
work and hand-embroidery each $1.50
The following sales will also occur
10,000 YARDS OF FRENCH HENRIETTA
In a variety of attractive colors,
at the special price of . . per yard 78c.
This material is especially desirable at this
season for kimonos, house gowns and simple
WOMEN'S KNIT UNDERWEAR
A limited number at the
Vests of ribbed lisle, low
Combination Suits of
ribbed cotton, low neck,
medium weight 50c.
heavy weight . 75c.
Wool Sweaters $3.00
following reduced prices:
Spencers . . 95c.
Also Vests of Italian
silk, embroidered, white
or pink . . . $1.90
Combination Suits of
Italian silk, plain, white
or pink . . . $2.90
In several styles (sizes Incomplete)
usually $5.00 to 8.00, are being offered at the
very special prices of per pair, $3.75 & 5.00
In the regular stock are shown, at moderate
prices, women's boots in all the fashionable
leathers and in styles appropriate for all
sfflB) Xsrsutr 344) sat. 35K) BtxuU. tfra: fork
filer r silent nn Nelaeny.
WASMtNOTON, Dec. W.-esBP, -elect
Kulrer of New York IvlM neither deny
nor iflii-i. twlar the rnport thst he I
aerlourly conalrletir. the appointment
of Oenrxe M 'Aneny, President of tha
Borough of Manhattan, as a u creator
to William H Wllleox. Ohalrman or Ihe
rn n Hervlce Commission. Th place
pay 110.000 a year. The Cfhvernor-elect
aald i. hsd nothing: mora to say than
that hs 1is1 no! given ths pstronajr
question any thought and would aot do
o until he got to Albany,
A Remarkable Sale of
Women's Tailored Suits
Taken from regular slock
High-class tailored suits, comprising this
season's best models, superbly lined and
tailored. Choice of broadcloth, velour
de laine, cheviots and various fancy
materials in all prevailingcolorsand
all sizes for women and misses.
Regularly $35, $40 and $50
None altered None credited
Exceptional values in the
B. J. Brassieres, made of fine grade
cambric: trimnnxl with lace and
insertion; reinforced under arm.
Regular price $1
Other B. J. and the well-known A. P. brassieres in
all materials at prices ranging from Si to f 3.75
Special Sale of Corsets Various
models suitable for all figures;
madeof good quality coutil : all sizes.
Extraordinary values J
Other corsets at prices ranging from 12 to $20
Have arranged as a further introduction
to the New Shoe Department their
Sale of Shoes
For Women and Misses
At a remarkably low price
1500 pairs of dress and walking boots
in new fashionable lasts and leathers
Regular Price $5
Second and last day of sale Wednesday. December 11th.
Women's Gray Boots
Ooze leather, buckskin
and kid, $5 to $9 some
with taxings of gunmctal
and patent leather.
Boots, tan and
black in fashion
able shapes, for
$6 lo $10
At Nineteenth St.
548 Fifth Avenue
Above Forty-fifth Street
will place on sale To-morrow, Wednesday,
Women's Fur Coats
in three-quarter and full length models, of high grade furs
and superior workmanship, at the following
Very Special Prices;
Natural and Black Russian Pony,
at J4.50, 47.50, 75.00
French Seal, " 68.00, 89.50, 1 10.00
Caracul, 45.C0, 87.50, 125.00
Blsam Seal, " 135.00, 185.00, 275.00
Women's Fur-LJoed Garments
of high cost Imported Cloth, lined with Squirrel, Hamster,
Natural Muskrat, Caracul and Bisam Seal, showing
j entirely new features, including reversible models,
at $35.00 to 145.00
Formerly 465.00 to 275.00
Also unusually large assortments of desirable
Women's Fur Sets
Appropriate for Holiday Gifts
Greatly Below Prevailing Qrices
Persian Paw, 4.75 2.75
NaroblaLynx, 5.50, 9.75 5.25, 8.75
Caracul, 12.50, 17.75 10.50, 21.00
Black Wolf, 13.50 8.50, 14.75
Australian Opossum, 21.50 12.75
Pointed Fox, 2f-00, 35.00 19.75, 35.00
Blsam Seal, 32.50 16.50
French Seal, 11.50, 17.50 7.50, 14.75
Civet Cat, 22.50 10.50, 18.50
Persian Lamb, 29.75, 45.00 21.75, 42.50
Beaver, 29.50 12.75, 31.50
Skunk, 32.50, 39.75 s 14.75, 32.50
Scotch Moleskin, 32.50, 49.50 19.50, 26.50
White Fox, 37.50 35.00
Ermine, 49.50, 65.00 35.0t, 65.00
have arranged for To-morrow, Wednesday,
A Special Olferlng of Broken Lots of
Men's Winter Overcoats
Values from $35.00 to 45.00
One, two and three coats of a style, in the most desirable
models, materials and colors, taken from regular stock,
all sizes 34 to 44 inch chest In one style or another.
Men's .Seasonable Underwear
Very Much Below Former Prices
Silver Grey Merino Shirts and Drawers,
extra good quality, Value $1.10 Each, at o5c
Fine Grey Worsted -1 t
Shirts and Drawers, Value $1.50 Each, at 1.15
English Natural Wool
Shirts and Drawers, Value $2.50 Each, at 185
For To-morrow, Special Values in
Boys' and Children's Bath Robes
Small Boys' Robes,
of Eiderdown, in blue, pink or red,
sizes 2 to 8 years, Value $3.00, at 15
Boys' Blanket Robes,
in gray, blue or brown Sine nc aoe
effects, sizes 8 to 18 years, J 5
Values from $3.00 to 5.00
SECOND FLOOR MAIN BUILDING
West 23d and 22d Streets
d "Co Let" JM$. J
W - eesae... - - " ------ rrrJfSf. TJ-Tefl, 1 1
Simplify Home-seeking by saving
time, temper and tramping.