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P.KITISII FLEET STILL SAFE JIB. MORGAN HAD NOT BOUGHT IT. AC CORDING TO LATEST ADVICES. UNDUE PERTURBATION IN LONDON OVER THE BANKER'S PLANS-THE ROYAL ACAI>EMY EXHIBITION. SjHUllsX i lOOl: By The New-York Tribune.) [by cable to me names.] London. May 2. la. m.— Pierpont Morgan, according to the latest advices, has not pur chafed the British Navy, consequently the flag of the Admiralty flies proudly, and the average Englishman, not unduly influenced by supersti tion, is impressed by the fact that Britannia still ru'fs the waves, it is not improbable, however, that the Admiralty itself would be willing, with the approval of William Allan, its severest critic in th- Commons, to sell out a good portion of the fle«t to the American Government on the tame terms with which Mr. Morgan has pur chased the controlling interest in the Leyland Line, and would then- pull itself together and build a much stronger navy for the King with the beta of the shipbuilders of the Clyde and Tyne. There is a good deal of Inflammatory rhetoric In a portion of the English press on the sub ject of Mr. Morgan's raids on English shipping, but it would be foolish for Americans to deceive themselves respecting the real judgment of the fhipping interests here. It is an open secret that American competition in ocean freighting Is not feared when syndicate steel interests buy fleets which can be sailed under a foreign flag alone, but only whtn it threatens to cheapen construction of sh'p? and create a genuine com mercial marine under the American flag. As facts stand, the Leyland Line has made a good bargain with Mr. Morgan and cleared a hand gome profit. Other lines are willing to sell out on similar terms, and the shipyards of the North of England, the Thames and Scotland would be fully employed in replacing inferior with su perior fleets. English agitation over the opera tions of the syndicate is fictitious. People here understand that trade follows the flag, and that syndicate operations by which fleets are pur chased at exorbitant rates for possible require ments of the Carnegie-Morgan steel combination do not menace England's maritime supremacy. The alarmist articles of the sensational press here need not be taken too seriously. Commer cial fleet* have their day. and need to be dis posed of. If Sir. Morgan goes into business as a shipbroker on a large scale half the com mercial marine of England \,il, be his for the asking. But convenient as this policy may be for speculative purposes, it will not create an American merchant maiir.e. The gross tonnage of the steamers owned by the Leyland company Is 321.000. the number of vessels hsing rixty-five. Some of the ships are. however, likely to remain under the personal control of Mr. Ellerman, and for the present, at least, it does not seem that the headquarters of Use company will be removed from Liverpool. It Is now stated that Mr. Morgan's object is the placing of the Leyland Line in closer touch with the Atlantic Transport Company. The White Star and Cunard lines were asked to join the combination, but refused. A serious situation has undoubtedly been caused by the decision of the coal miners of Great Britain to advise their respective unions to declare a* general strike. Coal owners have probably discovered before now that they have pressed their opposition to the new coal tax a little too far. Many of them have not merely tacitly approved of the threat of a strike, but have actually Instigated these tactics. Now, however, they are becoming alarmed at the suc cess of their scheme. The recommendation of the Executive Committee of the Miners' Fed eration that there should be a general stoppage «f work was much dleruesed in the lobby of the House of Commons yesterday. Members who are strongly opposed to the coal duty regard even a threat of a strike as a great mistake. Debate on the question wi'l be held to-day in Parliament, but it is doubtful if a division will be taken to-night. The Royal Academy will be opened for a press view to-day, but notices, under the rule, will be wi'hheld until Saturday. The chi»f artistic work vill ss Mr. Sargents portrait of the two daugh ters of Mr. Wertheimer. which is described by his ooiieagu^s in the Academy as the most vital example of the art of portraiture exhibited in years. He has also another portrait v Wh a marvellous revelation of character in the tiuf Vela-syuez spirit. Among other notable por 1 raits will lie those of Queen Victoria, Mrs. Charles IluFsell. Winston Churchill. Gibson Plisiliai. the Duchess of Westminster, Mr. and Mrs. AJhusen. Sir Frank Lascelles and Sir Hiram Maxim. The London Bar will rally in force at the din ner of the Hardwicke Society given in honor of Maitre Labor!, in Holborn Restaurant. Nearly all 'he lead of the English bench and bar will Join in this tribute of respect to a great French advocate. Saint-Faens conducted the orchestra last night In Queens Hall, witn a programme made up afessaajl rxcluFively nf Ms own works. Ysaye Is violin, and Salnt-Saens solo pianist. I. N. F. CANADA IN THE KINGS TITLE. Is*. May I— At a meeting of the British I League to-day it was disclosed that the Cranial Office has been in correspondence with vernment of Canada 'n regard to includ ing Canada in the title of King Edward. The result of the negotiations will not be made known until the correspondence is published later. AMFRfCAX TROOPS fKDEPESDEST. LEGATION GUARD AT PUKING NOT SUBJECT TO ORDERS FROM ANY FOREIGN GENERAL*. Washington. May I.— The guard at the Amer ican Legation at Peking will not be subject to th* order of any foreign general. Official reports of the latest phases of the negotiations at Pfking, as told in press dispatches, have not reached Washington, and it is suggested as a possibility that the demand of the international Generals Is not unqualified. Still, if it is. the American Legation guard will retain Its inde pendence even if it is necessary to remove it from Peking and from China. The latter course •night become necessary in case one of the pow *rs formally declares war on China and exercises >t« right to cause the withdrawal of all neutral forces, but under existing conditions the guard Probably will remain. Germany was one of the powers that sub scribed heartily to the suggestion of the United States that no nation make private arrange ments with China for the enlargement or ac quisition of concessions, so the officials here are surprised to learn that the Germans have taken •»«ps to acquire a concession at Canton. It Is believed here that It was without doubt the in sistence by the United <-;*<«•» on th* force of this **r* ment that checkmated Russian designs on Manchuria for the time being. THE SKY LINE OF THE PAN-AMERICAN EXPOSITION, FROM THE SOUTHWEST, AS IT NOW LOOKS OPEN GAMBLER?' SAFES. JFSTICE JEROME AND AN EXPERT GET IMPORTANT EVIDENCE. AN ITEM IN AX ACCOUNT BOOK THAT POINTS TO THE LONG BOUGHT "JOHN DOE." Justice Jerome, of the Court of Special Ses sions, and Colonel Robert drier Monroe, coun sel for the Committee of Fifteen, spent several hours breaking into safes yesterday afternoon, with the aid of an expert, in the search for evidence which they failed to get in the raids made on Tuesday night. They found in two safes some documents that are believed to be important evidence of the payment of money by the gamblers for protection. In one case the payments were made to a "James McQuade," be lieved to be the agent of the mysterious "John Doe," who has been giving protection and col lecting large sums In blackmail. When the raids were made Tuesday night de tectives of the Committee of Fifteen who were in the rooms of the "Metropole Club," at No. 54 East Thirty-flrst-st.. and the "Wlnona Club," at No. 11l East Fourteenth-st., saw the gam blers hastily place documents in safes and slam the doors of the safes shut. Justice Jerome told the alleged proprietors of the gambling dens that if the combinations of the safes were not given to him before 1 p. m. yesterday he would have the safes broken open. He placed seals on the safes on Tuesday night, and had policemen de tailed to watch the safes until yesterday after noon. At 1 o'clock yesterday Justice Jerome. Colonel Monroe and Assistant District Attorney Gmni went to the rooms of the htetropole Club to open the safe. They had with them an expert armed with drills, wedges, sledgehammers and crow bars. They were met at the place by "Jimmle" Oliver, counsel for the gamMers, who disclosed the combination of the safe in the place. As soon as the safe was open Justice Jerome began to take out the contents. He examined them, and decided what to take away as evi dence and what to return. Poker chips. Imple ments for playing roulette and faro and ?239 in cash were taken out. Justice Jerome decided to return the cash to the safe. Next a check book was disclosed. Then were found a check on the National Exchange Bank for ?.V>. drawn by Rush Burgess and Indorsed by Adolph J. Jan pen, Jr.. and another check, on the Hudson River Bank, for $1,577, drawn by William A. Millar and also indorsed by Jansen. The first of these checks had gone to protest. Jansen is said to be the manager for "Al" Adams, the policy man. and is said to be well known in. sporting circles as "Dolph" Jansen. Then was found the account book with the "James McQuade" entries. Assistant District Attorney Gans winked. "I guess this is th stuff." he said. Justice Jerome promptly thrust it into his pocket. I. O. U. OF AN ARMY OFFICER. The search of the safe next revealed a large number of I. O. TVs. some of them written on visiting cards and calling for amounts all the way from .*."i to $.">OO. None of them contained any explanation as to how the debt had been contracted. Among these was a card with the figures $500 scrawled on it. This Justice Jerome tore up. It was afterward explained that it wa»the card of a prominent army officer from the Went who had contracted a debt amount- Ing to two months* salary. .lustier Jerome re fused to reveal his identity. Among other cards found were those of Jo seph Coombs, of No. ".ft Broadway, and Isaac Loyman. of No. 3fi Thomas-st. Both these cards bore the inscription "Wheel" in pencil, as did also the cards of R. Mackay. of No. IK West Thirty-seventh-st., and C. Goodwin Turner, of No. 120 Broadway. It was explained that this indicated that they were patrons of the roulette game. Louis F. Sherry, address not given, ac cording to a similar note, was also a patron of the same game. On one card which on one Fide bore the printed name W. T. Wotney, was writ ten: "Sodjer, but a nice young man. Goes with nice young people. Three dollars to ?.*» a play." This was an introduction. "Evidently a come on," remarked Justice Jerome. On a slip of paper was written "R. Canfleld, brought in by R. Green. Wheel." This was an other introduction. There were similar cards and I O V slips bearing th* names of men prominent in the social and business life of th city. Justice Jerome smiled as he found an envelope addressed "Albert J. Edwards." This contained a life insurance policy. Another smile appeared on his face as on another envelope he saw the name John H. Carr. This contained fire insur ance policies and deeds. There was a bundle of papers which Justice Jerome put in his pocket, and about which he declined to say a word. These papers are thought to contain incriminating evidence. AT THE WINONA CLUB. From the Metropole Club the party went to No. 11l East Fourteenth-st. The rooms of the Winona Club are on the second floor. Inquiries in the building brought out the information that the gamblers had held forth there for nine months, and that at one time the ground floor had been a gambling den and poolroom. On the door of the place appeared the name "Ray mond & Co., Brokers." The gamblers of the Winona Club had refused to give up the combinations of the two small safes In the rooms, and Justice Jerome ordered the experts to attack and break the safes open. The expert worked an hour and a half on the first and larger safe before he opened it, and half an hour on the smaller one. In the smaller safe there was an inner compartment provided with a burglar proof arrangement, which defied all his skill, and which had to be left until to-day. when heavier tools and an additional expert will be pressed into service. In the safe first opened were found two roulette wheels, which had cost about $500 each. One was manufactured by a Chicago j firm and the other by Unite & Co.. of No. 114 East Fourteenth-st.. opposite the gambling den. . NEW-YORK. THURSDAY. MAY 2, 1901. -FOURTEEN PAGES.-^rJSSSrJSi— Other articles found in this safe were one card press box. containing faro cards; one faro lay out, a lot of chips, one faro pad. a lot of bone toppers and markers for faro, and a package of envelopes addresse.l to "J. W. Gullen, N° :: * East Ninth-st.," which may prove an Important ling in the chain of evidence In a small portal. le strongbox which was found in this safe were a number of keys and a pink slip, which lusti'-e Jerome put away In l li?: pocket. Later it w:-s said to be a pas receipt made out to J. T. Ryan, the alleged proprietor of the gambling place, who escaped arrest. In the smaller safe were found the usual sup ply of chipa and cards. At 'he bottom of the safe was a visiting cai i. which Justice Jerome placed in a sealed envelope, and aboul he kept silent There were also two small memo randum bo< ks and the regular acc< uni bi oka •><" the establishment. JUSTICE JEROME SMILES. Justice Jerome hastily glanced through the latter, with a satisiie.l smile. He refused to fay whether they contained anj Items pointing tow ard "John Doe," but gave out some of the entries in regard to losses and profits which they contained. According tO these one roulette wheel in the establishment earned $1.«i19 between April l'~> and April I".'. It had won money for its owner in thnt period except on April -'•"•. when it had a run of bad hi' k and lost >! Tii. other rculette wheel show .-¦.) nei profits on April 28 amounting to $5,269. A number of pages previous to those on which these entries occurred, had l •¦• n torn out. Justice Jerome said thi.-^ wai significant, In view of the fact lhal Captain Dean had been transferred Crom the precind on April 7. Justice Jei d last nieh' that as h re sult of the afternoi n's work the al ¦ biers caught In these ra;.i> would be bu to a k ¦ hlng and protracted examina tii n than anj othei He said I many of the i emed pi omlslng, thi telling where they ¦ ui-l I A man In charge of No ".1 East Ninth I night said .1 W. Cullen waa "out." Th< had a suspicious !-.ok. The mar. In he thought Mr. Ryan, in Eaai Fourteenth-st. t gotten hi!M^--:f In a n "Is this a club ' ' Iced "No, then • boh ." was the snswer "We used to have someth i here, but :h--r.- Is . inir at pp "The best thlnp Is to lie low." suggested the r. porter. "You are right," assented 'be man with a knowing wink. B TH 1 h /.' OA LA X E8 V EAR END. MARINE ENGINEERS TO RETURN TO WORK -STEEL EMPLOYES EXPECTED BACK TO-DAY. Buffalo, May I.— The strike of the marine en gineers Is practically settled on a basis of mutual concessions. The Lehlgh Valley Trans portation and Union Steamboat companies have agreed to put on the extra men demanded on the larger boats, but not on the smaller ones. The United States St<^l Corporation is expected to come to an agreement with the men to-mor row. It is thought that all boats will be ready to go Into commission on the lakes In a few days. TO PRETEyT STRIKER !\ BAK FRAXCISCO. MERCHANTS' MUTUAL PROTECTIVE ASSOCIATION .FORMED BT BUSINESS MEN. Ban Francisco, May l (Special). —An orsanizatlon known .i. th>- Merchants' Mutual Protective Or ganisation was formed here to-day, which has for its object the "prevention" of strikes amor em ployes of commercial hons«>«< r and. Incidentally, It will ¦!it organised labor if the emergency arises. It is believed to be the strongest anti-union com bination ever formed Most of the large firms of San Francisco have Joined this movement and to il. iV .v>"."" was pa d In for running expense* and emergencies. An executive committee of live was chosen, to whom --ill strikes In firms of members must l"- referred, it will be optional with this com mittee whether they settle the strike themselves or select an arbitration committee. The association also Include) many allied interests, like setam hip companies, draymen and others. — •— TELEGRAPHIC SOTEB. Carbon^ale. 111.. May I.— Fire to-day destroyed the Carbondale Milling and Elevator Company's elevator, together with 78,080 bushels of wheat. Loss over $60,000; Insured. St. Louis. May 1. - Fire to-day partially destroyed the building occupied by the Roth-HomV»yer Coffee Company, at No. 200 South Etghth-st. The esti mated lose was $75,000. The stock of the Oliver Wallpaper Company, adjoining, was damaged ¦lightly by water. Port Colborne, Ont., May L— Navigation in the Wetland Canal was obstructed to-day, and prob ably will not he resumed for a week. The steamer D. R. Van Allen, registering 271 tons, loaded with coal, and bound from Toledo to Toronto, caused the stoppage of tratllc by carrying away four gates of Lock No. •;. near St. Catherine's. Milwaukee, Wis>.. May 1. — As a result of the ma chinery manufacturers combination, the Edward P. Allis Corr>pany, of this city, one of its members, will enlarge its plant within the next year and a half, expending In the neighborhood of $2,500,000 and employing between five thousand and six thou sand more men. Victoria rf. <".. May The Indians who found the wreck i f a three masted vessel on Queen Char lotte Island report that traces of a camp of ship wrecked men. with embers of the fire and a blanket rigged op as a tent, were found. Tracks of the unfortunates from the ship led northward, where there are no people, not even an Indian hamlet. Adrian. Mich.. May Two masked men entered the home of Mrs. Ruth Ayers. at Sprlngville, where she lived alone, bound and Bagged her and ransacked the house. They obtained about $8,000 In gold and currency. She was assessed at $40,000, and it i- known that ."he always kept a large amount of money about the house, Plttsburg, May I.— The body of Nicholas Darrle, a painter and contractor, twenty-eight years old. was found in bis room, at No. 612 Fifth-aye., at 1 o'clock this morning, with the throat cut from the left ear to well under the chin, and his face badly battered. The body waa so badly decomposed that only a superficial examination could be made, but there Is evidence enouKh to show that a severe struggle bad taken place before the supposed muner was committed. Darrie was last seen alive on Saturday. No clew as to the Identity of the murderer has been discovered, but there is a sus picion that a woman may have committed the deed. 5 ;''•*s-* Philadelphia. May I.— The first American steam ship to come directs from the Hawaiian Islands to this city with a cargo of sugar was the i'ali fornlan, which arrived last night from Honolulu and Hi!o. with 7.920 tons of raw sugar, grown In the new American possessions. The Callfornian'a run wa« over fifteen thousand miles, bavins been by the Straits of Magellan. She left Hawaii In February, and stopped at Chill. St. Lucia and Nor folk to supply her bunkers with coal. The call fornlan la th- pioneer vessel of a new line of steamships which will play between New- York and Philadelphia and the Hawaiian Islands. The cargo is an unusually large one. BAN FRANCISCO, THE GATEWAY To the Orient, is b«st reached by the 'Overland Limited" via Chicago and North-Western, Union Pi iv- and Southern PacinV* Railways. Address North-Western Line Office, 161 Broadway.— Advt. MXINLBYIN NEW-ORLEANS A ROUSING WELCOME GIVEN TO HIM BY TFIE CRESCENT CTTY. TREMENDOUS CROWDS IN THE STREETS THE TARTY GREETED PV STATE AND LOCAL OFFICIAL* THE PRESIDENT SPEAKS AT A DINNER. N*>Tr- Orleans, May I.— The President and his party travelled across the cotton belt to-day from Memphis almost to the Gulf of Mexico. Down the low lying, rich Yazoo Valley they went to Vicksburg. with its memories of the Civil War; thence east to Jackson, the capital of Mississippi, and from there to th« old romantic city near the mouth of the Mississippi, with its traditions of French and Spanish rule. The outpourings of the peo pie to see the train along the route to-day were larger, if anything, than on the two pre vious days, and the demonstrations at Viehs burg and Jackson, the two principal stops, were striking. The visit to Vicksburg was in some respects the most interesting yet made. Here a triumphal arch of cotton bales, with the word 'Expansion." pointed out to the President, as be passed under it. the path of the New South. Although It had not been intended to make any stops after leaving Jackson, the train was halted at several of the smaller towns where cotton mills are located, to permit the President to see and speak to the operatives. At some of th.- stations the crowds actually impeded the progress of the train, and the engineer was obliged to slow down to avoid danger of run ning over enthusiastic people. As the sun was lowering the train crossed the bayous, with their tangles of mops covered cypress an.i light oaks. and, skirting Lake Pontchartrain. steamed into New-Orleans FIRST VISIT OF A PRESIDENT. This is the first time New-Orleans has ever had a visit from the chief magistrate of the nation, and it was a royal reception that the old city extended to President McKinley. Mr. McKinley has been here before He made a notable speech here the year before his nomina tion for th-? Presidency, and ex-President Cleve land was here on one occasion between his two terms, but never before has a President while In office visited the Crescent City. The air wa'a lied with the blare of bands, the booming of cannon and the screaming of thistles from th.- harbor craft as the train drew into the station. Here the President and his party wer>-> greeted by Governor Heard, Mayor Capdevielle, Senators M En. and .Foster, the entire Louisiana delegation in Congress, the city Council and representatives of the various com mercial exchanges. While the Mayor was for mally extending the hospitality of the city to the President a fine military band was drown ing his words with the favorite air of New- Orleans, "Lousiana Lou." The President and the Cabinet members passed nit of the station between a line <>f smart looking militiamen on one side and a smarter looking line of young cadets from the Jesuit military college on the other. The boys ranged In age from eight to fourteen, but. despite their youth, they made a fine appearance in their gray uniforms as they presented arms to the President's party. Out side, the Governor's staff, resplendent In gold lace and mounted on plunging chargers, awaited the party. The crowd around the station was so dense that it required heroic efforts on the part of the police to keep the path to the rarria^es clear A bi:: military parade, consisting of the Louisiana Cavalry Troop, the Washington Ar tiilery and all the miiitia from this end of the State, pyi-orted the party aiong Camp and Canal pts.. to the new St. Charles Hotel STREETS CHOKED WITH HT'MANITY. The cltv was liberally, hut not * lavishly, adorned vifh the natkna! colirs. but the crowds in the streets were tremendous. Never, except in Mardl Oral times, were they known to tie so choked and lammed with purging humanity. The wrought iron galleries which embroider the fronts of the buildings here with their fine trace ri°s fairly groaned under their burdens of human freight The feature of the crowd was th" preat number of handsome women who watched the procession from the windows and galleries. 5 rs. McKinley and the women of the party dined quietly at the hotel, and later received the women of New-Orleans. The President and his Cabliet and the chief men of the party were the guests of honor at an elaborate dinner at the hot-M in the evening. About three hundred of the prominent men of New-Orleans 'were present, and the dinner was said to have exceeded in every respect anything of a similar character attempted heretofore in this city The party will drive about the city to-morrow morning, and in the afternoon will take a sail a'ong the riverfront. The train will resume its Journey toward the Golden Gate at t» o'clock to morrow evening. speeding sorrnwAim THE PRESIDENT JOURNEYS IN THE COT TON BELT. SPEAKING BY THE WAY. Viekaburg, Miss.. May 1 -Throigh the low. rich valley of the Yazoo the Prerldent's special train rushed southward to New-Orleans to-day. Although the party did not reach the train after the big dem onstration at Memphis last night until 1:30 o'clock. the President was up early this morning. He ap peared several times on the rear platform and ac knowledged the 'cheers of the crowds at the small stations with a wave of his hand. lft?3 Among the members of the Cabinet the Presi dent's speech last night, with Its allusions to th* principle of subsidies as a means of enlarging trans portation facilities for the expanding trade of Amer ica, with the picture he drew of the commercial possibilities in the Orient under the open door pol icy in China, to which his administration has se cured the adherence of the other powers, is regard ed a.= an exceedingly important utterance. Vlcksburg- was reached at 8:20. This was th« first Continued on aecond pate. SOME RELIEF FOR f: RAKERS. PRESPT-RE OF BTSINESS ON STOCK EX CHANGE RELAXES A TITTLE. PRODUCE EXCHANGE ASKED TO LEASE MORE OF ITS FLOOR SPACE TO ITS NOISY TENANTS- DEALING IN UNION PACIFIC. The Stock Exchange made another remarkable record yesterday, for never before in it? history had it been heartily thankful in a rising market that orders to buy showed a distinct falling off. That the day's sales were hali a million less than Tuesday's was regarded with joy rather than regret by the overburdened brokers. How glad their clerks were may be judged by the fact that the Stock Exchange clearing hou;ie had not succeeded in balancing Tuesday's business until far into yesterday afternoon. The feature of yesterday's market was the enormous dealing* in Union Pacific. 572,50<> shares being bought and sold, while the total of all shares dealt in was 2.507.200. One room trader, Otto Loeb, cleared $40,000 on sales of Union Pacific common shares, which It is said he had been holding for months. This stock Jumped more than a dozen points. Some per sons thought this meant that the fight for con trol of the Union Pacific was still undecided, but the prevailing opinion seemed to be that it was caused by the widespread belief that Van derbilt interests have captured Union Pacific and that there will be guaranteed dividends on the stock. UNABLE TO EXECUTE ORDERS. Some explained the falling off in business yes terday I\\ the actual inability of commission houses to execute all their orders under the in adequate conveniences to be found in the Stock Exchange's new quarters. Already th.- govern ors of the Stock Exchange have opened negotia tions with the Produce Exchange for more floor space. They would take the whole floor if they could get It. report says. On the other hand, so distracting Is the noise made by the Stock Ex change brokers that not a few Produce Ex change men would be willing to pay a big bonus for the cancellation of the leaefr.amLres,to.ra.Uon of at least quiet enough in which to hear them selves yell. An application from the Stock Ex change for an additional strip of the floor twenty-five feet wide and extending from one side of the room to the other will be considered to-day by the Produce Exchange managers. MORE ROOM NEEDED. Large as the apace now is. the additional amount Is badly needed, for it is feared that a continuation of business on the present scale must result in a breakdown in some form. It is almost impossible to place orders with special ists at any time, not to speak of the half hour before the opening. On* commission broker yesterday had stop orders in twelve stocks and three orderr. of over one thousand shares each at the market at the opening. He could place none of these, but had to take chances on them all. Four-fifths of the men who usually confine themselves to room '.ins: are now doing noth ing but executing orders. The New-York Clearing House reflects the stupendous volume of these financial transac tions. a day or two ago one check for $lt«. 1(00,000 passed through that Institution. A few years ago a check for SIQ.tXIO.WX) would have been preserved as something worth looking at. Now checks for .<•"•.• hmi.inhi are not uncommon, and a $1,000,000 check causes no comment at all. The par value of bonds sold on the Stock Exchange yesterday was $11.855.000, and this makes a new record in that direction. The tele graph comparies say that never fore has there been such a demand for private or leased wires. OOTERXOR DEFERS ACTIOX BRIDGE BILL DECISION MAY NOT BE KNOWN BEFORE MONDAY. fBT ;:;R\rn to the tribuxk.l Albany, May I.— Governor Odell did not act to-day upon Senator Raines's bill empowering the New- York and New-Jersey BriJge Company to build an approach along West-st.. and. it is said, will probably not express his decision upon the bill to-morrow. The Governor is busy considering the appro priation bills passed by the legislature and ether bills of importance, and a good many briefs were filed with him concerning the Bridge bill which he has not had time to read. He may not give out for publication his decision upon the bill before Monday, and It is said that the Gov ernor is likely then in a memorandum to state his reasons for his action upon the bill. COLER THINKS ODELL WILL VETO- W. F. KING SAYS RAPID TRANSIT COMMIS SION SHOULD BEGIN THE WEST ST. IMPROVEMENT. Controller Coler had a talk with Mayor Van WycK yesterday about the hearing before Governor Odeil. and said Jie thought the Governor would veto th« North River Bridge hill. "It seems to me." said the Controller, "that. in the face of the arguments pre sented, the Governor must veto the bill. Nobody was in favor of the measure except some paid at torneys of the company that wants to grab West st. for a railroad franchise." W. F. King, president of the Merchants' Associa tion, yesterday Issued a statement, givirrs reasons for opposition to the bill. In the statement was the following: It 13 time for the city to handle its own public improvements, and not turn them over to Jobbers and speculators, to be overcapitalized, in order that they may become enormously rich, while the city gets nothing. What may be done by intrusting public works to competent and public spirited men is shown by the example of the Rapid Transit Com mission, one of the best public bodies ever ap pointed. The West-st. improvement shouM be undertaken, and it should be begun at once, and there is no one more competent to do it than the Rapid Transit I Commission, whose powers, in fact. are. in a large j degrse, exactly of the kind that are needed to do such great works effectively. ; _ i PRICE -THREE (TAT*. EXPOSITION OPENED. BRIEF EXEi:< />/> I/ FIRST DAY OF l'J FFALO FAIR. SPEECHES IX GOVERNMENT BUILDIXO DISPLAYS RAPIDLY ASSUMING SHAPE.- ' OFEMNG OF PAN-AMERICAN E\rOMTIOX. \\ .-.ulM-r— l 1..i:.1> anil cMlly In the mnrn- InB; pleasant and mild afternoon ami ffea iii- Condition of cronmls — Drj- Tvntkinc:. Attendance — About fifteen thoniand. (BY TK!.E..KU'U TO THE TEIBf XE.J _____ Buffalo May I.— The gloom and the chill which fell upon all Buffalo last nisht. with the gather ing of the clouds and the dropping of the rain, turned to gladness and warmth when the sun shone out early this morning. The Pan-Ameri ! can Exposition belongs to Buffalo. The city J was measured for it. had it built for itself, and paid for it. The city owns the exposition, and doesn't care who knows it. Therefore it was disheartening. on the very eve of the opening, to see the clouds close over the sky again and the rain pour down, and to feel that there was a prospect that the official beginning of the show would have to be made in the same cold and wet which had already so set back the prepara tions. Th-=> continuance of the rain would mean , the attendance of only a few people, and it would mean that thos^ few must make their way I over the grounds through and across and around ! quagmires and pools and sloughs, which would ! be sloughs of despond not only for the visitors i hut still more for the much enduring managers. i Therefore the return of the sun to duty this i morning warmed many hearts, as well as much ! ground and atmosphere, and all three needed i the kindly glow in like degree. I Pomp and panoply and glary. martial or dvtc ! or oratorical, formed no part of the opening of i the bi? fair of All-America to-day. There was j no great crush of people to see and to hear great i things. It was more like a quiet little family J party. There was much good humor and good ¦ feeling and congratulation and satisfaction that j the exhibition was fairly started, but there ! were no bursts of eloquence and small bursts ! of fireworks or cannon. BRIEF OPENING CEREMONIES. The nearest approach to a ceremonial was the i few minutes' speechmaking in the United States ' Government Building, and nobody pretended to ! call this exercise by so dignified a title. The ! gates had been open since ¦::n , locH in th» I morning, and the turnstiles at noon had already made some fair records, but there was =¦> much space for the people to spread abroad that ther<» were nowhere any crowds in sight. At 12 o'clock a big bell Just inside the door of the Government Building began to ring, being smitten with a hammer by a workman. Thereupon the few 1 persons who were in the building and a few j more who were called in by the sound Ml as M j they were summoned to church, and they began to look around for the pulpit. Presently a rough. temporary platform sm ] discovered in one corner of the rotunda, and I the members of the Government Board who were present soon gathered around it. Amonrr •he.«e were Colonel J. H. Br-srham. chairman: W. V. Cox. secretary: W. De C. Ravena'l. of th? Fish Commission: W. H. Hills, Dr. F. W. True. of the Smithsonian Institution: Professor F. W. \ Clark. D. F. Pet- -->. of the Navy Department; i P. C. Harris, of the War Department: C. 11. I Verrill. J. B. Brownlow. of the Postoffice Pe. j pertinent, and Major W. H. Michael Th- M i were also Mayor Conrad Diehl of Buffalo. John I G. MHbtirn, president* of the exposition, anfl j General William I. Buchanan the dir^ctor ; general. Colonel Brigham began the speaking, and ex pressed his gratification at the accomplishment ; of the opening of the fair on the day set for it • by law. He said he believed that the display in this building was the best which the United States Government had ever made at any expo ; sition. He called upon President Milburn as ; the next speaker. President Milburn said he wished to express the deep obligation of the ex : position to the Government Board. From the i start there had been perfect harmony between I that board and the Exposition Board, and he de i sired to thank the Government Board in an : especial manner for its efforts and for their • success. THE SPEECH OF MAYOR DIEHL. The Mayor was the next speaker. He joined : Ma thanks with those of the president of the i exposition, and said that the citizens of Buffalo i deeply appreciated the liberality si spirit and I the work done by the Government Board and the i government officials, all of whom he begged to ! accept the freedom of the city. | Professor Clark spoke for th* Department of I the Interior. He sail that th» United States Government exhibit at each succeeding exposi tion was in the nature si a report to the peo : ple, an object lesson in what the government \ was doing. Many persons who never had oppor ! tunity to come to Washington could attend I these expositions in various parts of the coun try and could better understand the work which I the many departments of th» government were ! carrying on at the capital. Dr. True speke for 1 the Smithsonian and the colonial exhibits. Major ; Michael for the State Department and General ! Buchanan for the directors of the exposition. With the customary promptness of the United States Government in such matters, the board has succeeded in placing the building and tta exhibit in a far more advanced stage than can b<? shown in any other building in the exposi tion. In fact, the exhibit in this building is all but finished, while in the most of the other building It is only begun. Any visitor might well spend a day or two here with pleasure and profit. What tittle work remains to be done is going forward rapidly, and in two or three more days the building will be ir. perfect order for the sum mer. But if the displays in the other buiM ! are not keeping pace with the government's, they have made surprising advances since yesterday. The structures which are to house the displays in the Manufacturers' and Liberal Arts Build ing are springing up like mushrooms, and to day the place looks like an exhibition hall, in stead of like an armory with a big drill floor, which was more like its appearance yesterday. A considerable amount of machinery ha- been. Installed in the Machlrery and Transportation Building to-day, and more is ready to go In to-morrow. RAPID CHANGES IN THE GROUND?. Similar progress has been made in the Ag ricultural Building, which two days ago like wise presented a'desert waste, where agriculture or anything pertaining to it would seem taw last thing to be looked for. There were sur prises, too. all around the grounds to-day. Th« court of the fountains showed itself in trui guise as a Bower bordered lake. Instead of a dry and dirty bed of clay and gravel. Broad, smooth walks were found where yesterday there were < only rough cart tracks. Trees were planted, turf was laid, flowers were set out. statues were ALMOST WITHIN THE SHADOW, of ¦-.> great hotels stands th» Grand Central Sty tlon of the. New York Central. When going West you say« time and travel it I cea:a a mile oa thi; Une. Perfect service.— Advt.