Newspaper Page Text
THE SUN, SUNDAY, JULY 30, 1916.
CORSAIR CLUB TOLD
OF IN MORGAN WILL
R. H. Maty 1 Ce.'i Attractions Are Their Lew Prices.
Clearance Sale of Pictures
The August Sale of linens
starts on August First. Thrifty housekeepers, as tcell as managers of hotels, boarding
houses and Institutions, should prepare to take full adcantage of the great money-saiing
opportunities offered at this lime.
For full particulars see Monday's Evening Papers.
About 13,000 worth of High Grade Merthandise reduced One Fourth to One Half Less
than regular prices; Water Colors, Signed Proof Etchings, Hand Colored Photo
gratures, Carbon Photographs, etc.
Mary's Fourth floor, 34th Street.
Another Secret Revealed Is
Holding of 88,000,000
In "Cafa and Dogs."
34th I 35th St.
MANY APPRAISALS LOW
Son's Share $53,684,918 Es
tate Larger Than Sage's
Tlie transfer tax appraisal of J. Pier
jwnt Morgan's ratate, Indicating a tax
able vnluo of $69,409,731, was filed In
the Surroante' Court yesterday morn
Inic bj an agent of the Stat Comptrol
ler. Anionic the aecrda exposed to public
view by the appraisal Is the membership
of the Corfalr Club, which was held In
confidence by Mr. Morgan and ttie eleven
other men who made up tlita unique or
ganisation. In his will Mr. Morgan was
careful not to mention any of their
names. Ho merely said:
I give mid bequeath to each of the
members of the Corsair Club nt tho
time of my death na n souvenir of my
self ami ns a token of my personal
nrfectlon for them a pleco of silver of
tho value of ) 1,000 to he selected and
purchased for the purpose by the ex
ecutors of my will.
It Is now revealed that the men who
received tho silver pieces am Lewis Cass
ledynnl, Mr. Morgan's attorney; Joseph
H. Cl'.o.Uc, ex'Ambassador to the Court
of St. JamcVs; George 8. Uowdoln, a
great-grandson of Alexander Hamilton
and partner In the Morgan firm, who
died on December 16, 1913, eight months
after Mr. Morgan; Charles Lanier and
Francis It. Appleton, lawyers; George
L. Hives, lawyer and president In 1900
or tlie commission to Ilevlse the City ,
Charter; Frank K. tfturgls, former
president of tho Stock nxehango;1
Charles Steele, a member of the Morgan
linn; Ohiiiincey M. Depew and William
One SI nil lie r lllrd HeCore Morass.
As tho club always had twelve mem
bers, one of them who was In the or
sanitation ut the time Mr. Morgan made
bis will must have died before Mr. Mor
gan did, for Including tu it of Mr. Mor
g.u there are only elevui names In the
f on going litd.
After Mr. Morgan's death The Hvs
nsked Mr. Depew Hbout tho Corsair
Club. He r.ald It would not r right to
tell who the members were, and he
"You know Mr. Morgan hated public
ity. 1 believe he loved this club better
than any othsr Hub of which ho whs a
member because lis found In It that In
timacy with his ftlenil of which he a
o fond and because ev-) thing said at
Its meetings wn confidential. At the
Mart, It was composed of Mr. Morgan
and eleven men who were his guests oil
the yacht Corsair. Kvery year since
then the club han met nine times.' We
dined at clubs or hotele, never at mem
bers' houses, ae 1 remember. Mr. Mor
gan was always there, always happy as
host or guest. .Sometimes wc had two
or three quests In from outside. I recol
lect thut the club wa my guent when I
was In Washington. Somehow the fact
was printed and Mr. Morgan didn't like
It was more than a coincidence that
among the treasures In Mr. Morgan's
library was the original manuscript of
Byron'a poem, "The Corsair."
"Cuts and Dogs,1' H, OOO.OOO.
Men of financial affairs were especial
ly Interested yesterday In the fact, re
vealed by the appraisal, that Mr. Mor
gan owned rrcurttlea of the face value
of S,uuO,000. but rated by the ap
praisers ns worthless or of only nominal
alue. Puch stocks amounted to $7,219,
344 and bonds $739,123. In somo cases I
tho executors could find no records of '
the companies or anybody who recalled
their existence.. Many of the securities
classed as worthless came into Mr. Mor-1
rain's hands many years ago. There Is
no record of how much he paid for any
of them. I
The blsgest loss of his estate was on
I2H.U.0 preferred mock and $1, 027,26a i
common stock of the Mexican Land and
Colonization Company, tho value of
which has been destroyed by Mexican
The values placed on the art collec-.
tlons are Kenerally low, compared with
tho prices obtained by J. 1 Morgan
Ince his father's death. For Instance,
there aro the fourteen Fragonard panels
that were In the Metropolitan Museum of
Art. Mr. Morgan bought trci In the
late nineties from Agnew & Co. nt Lon
don at a rumored price of $335,000.
Since then Fragonards have risen phe
nomenally In value, and II. C. Frlck
Is said to have paid $1,230,000 for the
panels when he bought them In February
last year. In the appraisal of the Mor
gan estate they aro rated at $750,000.
Some of the books ami manuscripts In
the library were not appraised as high
as had been expected, l'opo's "Essay
on Man" had been unofficially valued at
$60,000. but H Is appraised for only $16,
000. This Is the original draft of tho
vssay nnd has never been published, the
author having- revised It everal times.
4Mser Conservative Valaatleaa.
Other valuations In the Appraiser's rt
port which are regarded as conservative
are: Original manuscript of Haw
thorne's "Bllthedale Itomance," 12,250;
of Mark Twain's "Life on the Missis
sippi," $4,500; of Bulwer Lytton'a "Last
nays of Pompeii," $2,000 ; of Scott's
"Waverley" and "Ivanhoe," $5,000;
"Lady of the Lake," $0,000 ; "Guy Man
nerlng," $7,000, and "The Monastery'
$5,000: of Poe's "Ulalume," $2,000, and
'The Bells," $3,500. The manuscript of
"The Raven" Is not complete, as many
persons had supposed ; It consists of the
eleventh atansa and corrections for the
tenth stanza, and Is appraised at $2,000.
The Morgan collection of watches at
the Metropolitan Museum Is of mlnoi
Importance compared with the great
groups of paintings, taipestrles and other
art objects, yet chronolognri noted with
Interest that It was appraised at $174,
450. The share of the present J, P. Mor
ran, the largest beneficiary under his
father's will, Is appraised at $53,6114,918.
Mr. Morgan's gross estate was nut as
large aa that of Col. John Jacob Astor,
which was appraised at $87,216,961. It
was larger than the gross estates of K.
If. Harriman, $09,688,654 ; Anthony N,
IJrady. $77,042,448, and Russell Sage,
Surprising to many persons wero Mr.
Morgan's small holdings In tho United
States Steel Corporation. He owned
only one share of the preferred stork,
par $100, appraised at $107,50, and lino
ehurts of the common stock, par $30,000,
appraised at $30,437.60.
934,1)00,000 Motor Company.
IUltimori, July 29. With a capitnl
stock of $24.999,G00, the Nash Motors
Company, which will take over the plant
of the Thomas II, Jeffery Company, Wis.
eonsln, applied for Incorporation before
the Htate Tax Commission here to-day.
II. F. Herrlck, J. Wells Farley, Kdward
A. Taft and Phillips Ketchum. all of
-""""i i uaiucu aa incorporators,
As Usual, Highest Quality Standards at "Lowest-in-the'City" Prices
NTICIPATING the advance of all kinds of materials used in the
construction of furniture, an advance of from 5 to 25 within the
last six months, we prepared for this great sale early in March. By
buying in immense quantities, and on a strictly cash basis, we have obtained
prices that will save you from paying the market advance. Those familiar with
present market conditions will realize the full significance of this statement.
E offer the finest grades of furniture at prices that cannot be approached.
Furthermore, we have been fortunate in securing furniture which, in
design and workmanship, is in keeping with the standards we always
maintain. Look over our extensive display note the prices then compare
Macy Furniture, quality for quality, and price for price, with that sold anywhere
else in Greater New York, and You Will Buy at Macy's.
A collection of artistic designs, any of which will lend a
tone of elegance and refinement to your Living Room. Every
piece is made of carefully selected materials, chosen for
individual attractiveness and durability.
Adam Design in Mahogany Finish, $57.50
Three-piece Suite, as illustrated. Frames are Mahogany
finished, with caned backs and caned panel sides. Up
holstered seats, covered with handsome two-tone silk
velour, in blue or mulberry. Special price S57.50
Another Living Room Suite, 3 pieces, having Birch
frames. Mahogany finished, with inside arms and
backs covered with genuine brown Spanish leather. Out
side arms and backs covered with leatherette. Special
Sale price, $40.25
A 3-Piece Living Room Suite, constructed with heavy
Birch frames, Mahogany finished. Inside arms and backs
covered with genuine brown Spanish leather, outside arms
and backs, brown leatherette. Specially priced $67.50
Tables- Attractive Designs and Prices
Martha Washington Sewing Table, constructed of solid Mahocany,
with a beautiful dull finish. $9.74
Library Tables, veneerec" Mahogany, In a variety of attractive designs.
Special at $14.67, $16.49 and $21.24
Spinet Desks, original designs carried out in solid Mahogany.
Specal Sale Price, $19.24
Spinet Chairs, solid Mahogany, to match. $5.67
Macy'i-SIUli foor.- - --
An Urgent Call Buy Your
Draperies and Upholstery
An early consideration of your drapery requirements is ver essential
this year, and it is not too early to place your order now. Owing to
what is likely to be a shortage of upholstery fabrics, due to the scarcity
of dyes and the inability to obtain foreign upholstery f;'bric. selections
later" on will not be so easily or cheaply made as now nor will prompt
delivery be assured, except at almost prohibitive prices.
We will gladly submit suggestions, estimates or samples from our ex
tensive assortment of drapery fabrics, of which we are snowing a splendid
assortment of styles and colorings, both in silk and sunfau mercerized
Irish Point Lace Curtains
Our first shipment has just arrived from Switzerland cn'.t.iininj? 500
choice patterns, and we will sell at the following prices astonishingly
jow you will admit.
$3.24, $3.47, $4.24, $4.49 and up to $10.49 per pair.
Mary'i fourth Floor, Rrar. - - rt-
Rug Treasures From the
Orient and Far East
After careful preparations and well planned buying, the
Macy Oriental Rug Department is showing a larger assort
ment of beautiful Persian and Chinese Rugs than ever
before. This collection, in mat, scatter and room sizes, is
one of the largest in the country. The rugs are finely
hand woven, vegetable dyed, in a variety of weaves and
colorings and are sure to give excellent service.
Small sizes, In a beautiful a;sort
ment, $12.48 to $67.50 each
Modern Room Sizes.
$67.50 to $974.00 each
Modern Hugs in scatter sizes,
about.? ft. 4 in.vsft. r in. to 3x9 ft.
$19.89 !o $4-1.50
About J x Si ft., $11.89 to $14.48
: Macj'i Fourth f'luiir, Cmlre.
Beautiful Electric Lamps
At Worth While Savings
Solid Mahogany Boudoir Lamp.
A very neat lamp for the new dressing table,
complete with 10 inch sill shade in a variety
of colors. Stands 14 inches high: with bulb,
cord and plug for attaching. May also be
had in white enameled wood. Illustrated.
Electric Floor Lamp
Solid Mahogany, White linamel
or Burnished Gold wood, with
fluted column, 22 inch silk shade
in several desirable colors and
silk fringe to match shade.
Specially priced, ' $10,29
Mahogany Table Lamp
Stands 22 inches high, with Colo
nial turned stand ami column of
solid Mahogany, hitled with silk
shade, 18 inches in diameter, with
silk fringe, in various colors.
Specially priced, $4.49
Metal Adjustable Floor Reading Lamp
A lamp which may be adjusted for- use at the piano, or for reading in a
chair or at the bedside. Mas parabola shade for throwing light down
ward, so rays do not hit the eyes. Finished in Japanese Rronze, Ivoi v
or Urush Brass. Specially priced, $5.29
Maej't Bsiement, 34th St., Broadway.
For tine Dining Room
Ten-Piece Louis XVI. Suite, $248.19
A strikingly handsome Dining Room Suite of solid American Black Walnut. The graceful
Louis XVI. period is expressed in the Buffet, Extension Table, Serving Table, 5 Side-chairs and
l Arm-chair as well as the China Closet, the latter to be had with either glass or walnut doors
and sides. Very socially priced, for ten pieces, $248.19.
Jacobean Dining Room Suite, $193.63
Macy's Regular Price would be S247.08.
Substantially constructed of tine, Quartered
Oak. The suite consists of ten pieces.
Dining Room Suite, $174.86
Ten handsome pieces of furniture, in a
beautiful shade of brown Mahogany finish.
Chairs have slip leather seats.
Ten-Piece Queen Anne Suite, $242.94 (As illustrated)
Of solid American Black Walnut. Each suite consists of a Buffet. f2 inches long, a round Din
ing Room Table, 54 inches in diameter, a Serving Table. 40 inches long. 5 bide-chairs and 1
Arm-chair, seats covered with tapestry, a China Closet 40 inches wide, which may be had with
either all wood or glass doors and skies. Special price, ten pieces, $242.94.
Dining Room Suites that are also Sold Separately
All of the pieces are finished in Butler Oak. a modified color of the Old Early English. There
are two sizes of Buffets to each stle. These suites may be had complete or in single pieces.
Buffet, large size.
Buffet, small size,
Serv ing Table.
Mary' price Sal
would ha Price
Buffet, large size,
Buffet, small size,
.Mary - price Sale
wi.iilit he Prlre
$0.5. 75 $42.50
Chairt to match the aloce pieces at special prices, ready to be finished to match suite.
I I il IT ' -- i '
, :iT 'TtTJ . W I T T HI I
Heppelwhite Dining Room Suite, $154.00 (As illustrated)
An unusually handsome design, in Gumwood. with a Mahogam finish. The Buffet is 60 inches
long, the Dming Room Table 52 inche in diameter, the China Gloet 45 inches wide and the
Serving Table .58 inches wide. 5 Side-chairs and 1 Arm-chair complete the suite. Special sale
price, for ten pieces, $154.00.
Fomitare for the Bedroom
Colonial Bedroom Furniture
All of the gracefulness and stateh dignttx of Colonial times are preserved in this suite.
Four-Post Colonial Bed, in Mahogany, $27.25
Toilet Table, $28.25 Chiffonier, $29.75 Dresser, $32.75
.Although these piece' are made to match, they will be sold separatels as well.
Colonial Four-Post Beds, a complete assortment in 4 ft. ft in. and 3 ft. 3 in. sizes at $22.49,
$28.50, $33.75 and $37.50.
II PJIl. L-.r.J. V i. ' -k'.lillil Tl'.'lt- I Vy't'N.IKl W ULl ,1 I 1 HUB M a TJ " k L- 1 tl u T
Bedroom Suite, William and Mary Period (.44 illustrated)
A fine reproduction of furnittiiv used in that era. rendered in Circassian Walnut, with Gumwood
posts and legs. The Dresser is 43 inches long. Chiffonier 33 inches long and Toilet Table tlie same
length. Bedstead full sve only. The following prices are ver special:
Dresser, $29.25. Chiffonier, $28.25. Bedstead, $27.25. Toilet Table, $21.24
White Enamel Bedroom Furniture
White Enamel Chiffonier, five drawers, wood knobs, well finished. Sale Price, $5.89.
White Enamel Dresser and Chiffonier to match, each. $11.24.
Low Bureaus, in White Enamel and Golden OaU finish, $7.39 each.
White Enamel Dresser, $12.74. Very handsomely finished. Chiffonier to match, $11.24
-Mary -With Moor. "
Mahogany Chairs & Rockers
As illustrated' $11.89 cich
Very substantial and impressive
chairs and rockers, made of solid
Mahogany. Caned seats and
backs and correctness
of design make these
chairs as comfortable
a they are pleasing
in appearance. Ver
Stxjctal at $11.89 ea.
At i. H fi.nA'
A Few Special Offerings
Fumed Oak Hall Seats Fumed Oak Hall Mirrors
$15.89 and $16.89 j $14.49 and $9.C4
Macy't rfjajf prices utulJ it Ma:j.i reftilar prica uaull hi
MJ.j anJ $27.25 S2) 24 anj flO 2
ri -. --'--Mary'tMilh I'loor.
Protect Your Dining Room Table with a
Moisture and Heat Proof
Such as i v)ld exclusively by K. H. Macy & Co. Tlit- hic'i finish o
vour table will not be itrirrcil by :i hot ihs'i or by hot or coll
lifiuids. accidentally spilled, if there i a Aticy Keystone f'-ul bcntM'1
Thefollo'Ainj? sicsatul prices ar.- for round p. d th 't are always in slock:
Diameter. -12 i.i. 4S in. .18 in. 52 in. s-i in. 60 in.
Price. $2.97 $2.97 $3.19 $3.96 $3.96 $4.89
I:.tra leaves o to 12 inches lc. 89c oa.h.
These pads are ao made to order, on sh irt notice, in any nze or shape.
-Marr'i Scronit floor, 35th Slrfrt.""
Rugs. Carpets & Lieoleuims
At Special Prices
With our newly purchased furniture vou will want new
ruijs, carpets or linoleums, borne of the goods desenhci
below were bought at special price concessions, others have
been marked down from our regular stock. All of them,
however, represent considerable savings to vou. In one
or two of the items listed below the quantities are limited.
I Srnmless Axminsrer Riiits
Tapestry Brussels Rugs
framlci rum uf clmelv woven, hlisli
Krmli wool aril Aitractl vp Inn
tunc ellivis nun neat Moral or rlhlion
' ft. il In '.ift wi'i-p IM.4S. Now ttl.54
lift nl-'fl ,nT-ltlR. Now I4.H
High Grade Wilton Rugs
V-r lipavy ru of line woritrd yarn.
I)yr of KotMl iiiallty. Import!! and
Doniplli' t'vii. IVrfi"Ct kooiIs.
AlKiut an '1 p than tnual irlr"H.
27 x.'.l In., wcr.i Sil.tK. Now .8
-rt.tlin.xtirt..rr J.I.'i.M. Now 1I.S0
H ft. a In. x to ft. (1 in..
0 ft. X 10 ft. H in., worn $53.fi).
Now tin. so
Q X 12 ft., wrro SM.Ta and S.1S.M).
II ft. X 13 ft. il ill., wore 08.5O.
In plain rolor nlth sliailwl lun I
l)oriior KiivIIcnt for nho roo.n
or o!ll(V. Of cliwly niiMii all
wool )arn. SllKluly Innicrfirt in
nrdp. Very opueially pnnil
4 ft. (1 In. x o ft. 0 In.. i:
h ft. a in. x id ft. n in., ??.ts
J ft. x 12 ft. -.'. M
Mailp of tlii li't or-.tit arn lnt
Kraile of iIpn olitalnalili- ami an' uf
tho oIom'sI woavp. To-toini v(
f-ts In crppns, browns, bin- nil
and tan. ohip pattpniN have bonbT.
to matPli and ma be mailt' into ru;
of any special re and Ii.idp Were
:i.2l yard, Haln iirli-p '!.t4 yani
Inlaid Linoleums at Special Prices
(7 Rolls, in 15 designs, 2 grades. 2 yards wide. De'giN
extend through to back of material. Tile designs and
imitation wood patterns. Some slightly imperfect. Wearing
quality unaffected. 69c and 74c jxt sq. yd.
-Mary's fourth Floor, Broadwa).
Serviceable Sheets and
At Prices That Are Very Attractive
livery Housekeeper knows the .tdv.tntace of having a Rood Mipp!'
sheets, pillow cases ami hoUter cases in her linen clet. I'lie on '
of the nieichamlise tlescrilHl below, consulenil with the w- 1
prices, makes purchases fur present and future needs of part'v '
vantaite at tliis time.
"Fruit of the Loom" Bed Coverings.
Sheets. Pillow and BoUter Case-, of this famous brand ate well Ki '
for their weight, bleach and wearing dualities. The are benu " "r '
at the Usual low prices, but when this lo' 3.P0O duA l in .il! ,
no more will be obtainable at such low price--. Size-., before lur ,
Slip .14 x 94 IJ In.. Mr ra.
SUn tU x 1M15 In , .Hp pa.
Slip ti:t x UM1.J In.. ; pa.
Hlio :t x 112 '3 III.. Hip pa.
SUe 72 X '.IU-j In., SJf Pa.
Slo 72 x llial, In., l ra.
SUc HI x ill In., !Uc pa.
StrouK, rull Iltrarbrd Muslin
SllPI'tk, with (Ulltrp iraillv "I.I"
lienm, kIp iM'foro lioniinlni; 72 'JO
Pillow Cawi to match, nine 1.1 x ail
liu'lie. Hp 'a.
Hemtlilrhrd Pillow Cavo. Mtn-y'ii
Ited Star No. 2, made of lino, round
tlirrad potion. Slf beforo licin
mlllK, 1.1 x atl In. 14r pa,
Initial Knilir'drred and Sralloppd
Pillow t'ap, of i ry iluralile iinh.
Hi), ilt) 1.1 ail Inches. ?lr ra,
Sim SI x id;i)j In,,
slo (Hi llia't. In ,
SIo (K) X U2,lv I" .
II Ik li (Jrade Mulln Pillow ('.!-,
full lihwlied. pei Hem l-iur -'
1 u.tli I Me before lienmi.iu
4.1 x a'l Inelies l.'o ea.
( iip I Set. . Ml In nil riniip-idiK
imp full Kle c,illoM'd nppt and t '
reyul.ir -io iilllow eae to imi
Kueli et n .ill boe l rt
Imported VII l.lnen rillon t".te.
Crib Sheet a
sir.o 12 x rn lii .
Slp 1.1 x 7S III.
liemitlti Inil. medium ,;
Willi ki'alloped oilk'iH.
tlf 42 a'.Hv 111 ,
slp i.i ao'j in
Sie .10 v an', in ,
Sire .11 .I'.l'.. in ,
711' j Hi .
si,, 1.1 . 70 In .
Srallopi'd lied sheets, fo-
Ih-iN extra roi I I as 1 1 c
l'lllo' ea-t's In 111 Hen He '
llll'lies l"e ".
11 1 1 1 .1 1 and lleiiisllti'lird I'loo
t'ap., iiiinli 1' me Ihi'm -hleaelicl
:nilli'i old Kiwli 1 -lelleis
mp l. x ai, Ini'li.- Jti-ea.
Imiiortpil embroidered 411 I Inen
I'lllon Cne., Ill bixiMtlfill
Madetrt d 'OKiii In ureal 'i eM
ic II I.i b.c.. Jl l! e 1
Jlr i .1.
:ti v i
Mar'- Haspiiipul, Itear,