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The sun. [volume] (New York [N.Y.]) 1833-1916, June 20, 1903, Image 11

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THE SUN jRDAY 11JN O 19U N1 I
TOO WILL BACK SllELDON SllELDONjr
jr js siiirrian STOCKpiK STOCKpiKTO STOCK pItntI pItntITI
TO TI RKORfiiStXATIOS RKORfiiStXATIOSi REO rwtXIZITIOX rwtXIZITIOXp
p i I c f ttn llri IrNser urr Hark With IIus a NUtciiirn NUtciiirnThat SatcuiieiitThat
That lloll Kv IiIflIfl plain IIU UI Action eIIofls o oIrttlilcntt i iIretICflt
Irttlilcntt lint Not > nt lust Xow owIortnt owIortnttu IH r n nAnnul
Annul tu cml tile nrimhllc Trust Mrrttns Mrrttnscnml tretn tretnzIoI
cnml IP jeal vni Vfl accomplished yesterday ycMcrtlajIn
In tuo WH > of 01 untangling tho tim rwrl int intv into intoI <
v I ioh T > Iii 1 ItoyDrPssor loy got the Trust Com CompHtiyof Cornpl
pHtiyof pl I I I HIP I hf Republic 1I it1I 10 and tho t ho United State StateSMlrihuililliiK Stat StatsbrhuiIHtIg
SMlrihuililliiK Company nhinY l > y using tlio crcdl crcdlami CCiitlf
ami nnnio of lf thu I It former company In hi hinn liis liisefforts
nn wtrifiil efforts to float thti wcuritlefi wcuritle
fi f tiic t i shipyard combination A opaclamotins opacla RlciaIIng
motins Ing of the t Im stockholders of the trum trumniiipiny t rtut rtutat
niiipiny at which twothirds two tlilrdc of all tin tiniMi tIivai
iMi k was represented voted unanlmoiiHl unanlmoiiHlin unftnlmouMlyIn
in fnvor of Ihn th rporRanliuitloii plan formu formuIflicfl formul
Iflicfl l l > y the Kxoctitiw Committee am amtho and andlip
tho lip iiip > s of tin tim dlwatlftfled minority stock stockholder atook11er
holder 11er nf tho t tic phiplniildlng company win winwant whowlfll
want a recplver rvei I met vith ith u Rerloim set setKjPiicidoiU tetI
I 014
KjPiicidoiU Dresser of the trust com comivy cornpiy
ivy nrrived in this city early yosterdai yosterdaiiimming yestordayirning
iimming and n spent > ont the day Ifl and evening oveniniir
ir c > nMiltntlon with hi his lawyer Morris J JJlirsrh JIIII
Jlirsrh IIII h Ho made a brief Btatement las lasi IaitI
i ichi 10 the effect that when the propciimio ProPer ProPertil
imio til come Ofl1 ho will explain everything ererythlniKrisfactnrlljr everythingpl
Krisfactnrlljr pl futorily Mr Owner did notattem notattemi not aUnrl aUnrlI
i he meeting of the tli trust companys stock ntoekiders stockI
I > iders and in lie was not referred to touanw by byjino >
uanw at thq th meetlnK although there TVPP TVPPsome wro84JL00
some very pointed riieattoris asked alK about aboutthi > u uthi
thi dealings of tho trust company will willhlpyard withlItpynrl
hlpyard securities during the lreA lreKer lreKeradniinist e eadministration
administration administrationStuyvrwim adniinist ration rationSti1yvPant
Stuyvrwim Fish of the I he Executive Cjin Cjininitloe Cjinmit
initloe mit tPn presided IPorKe eorg Hold I of I the theVildorf hi hiWaldorfAifloria
WaldorfAifloria Vildorf tori4 who U third vieeprest vieeprestdent vktpreident
dent of i ho hf company as a reorganized rppre rppreionted rPpten1
ionted n1 t I on his Ii IS own OW Ii account and by proxle proxleabout irnx ire iretbotit
about 0000 share and thurt wero prcsen prcsenir present presentI
ir I t > orsuii tho t 1ii holders of 1500 I 500 mom momBank mornHa
Bank Ha nk Exntnlnerjilfimni was prenpnt prnsentlti1tnttOU b binvitation
invitation HP said that the proceeding proceedingwppc proce dinga dingaTr
wppc Tr aliifnctory dI and that the unanimous unanimouoiion unanimousrjfl
oiion of the stockholders was very ro roJueitioiis renuriflg
nuriflg nuriflguettotie
Jueitioiis were asked by various stock stockI
I Oilers 1kr about the suit for 132000 brough broughAgiilnM broiightt1p
AgiilnM IIP ionipany by Harris Gate GateiV CatcHa
iV IV MI a I u I about t similar rnila i claims cmi mu grow growi
i i oui ui cf Mr ir Dressers orders to the cliilm cliilmnut cIajnto
nut to iiiirlini > the shipyard seeuritie seeuritief
f u r the I hr tnit t company in the open market marketAH marketAll
AH of ilicsn rlaims arc now repudiated b bPi by byI
Pi I company ornaIIv on fl lID > ground that Mr Tr Dresse Dresseflitod Dressirn
flitod n I i I without s it hout autliority autliorityThis atm t horit y yrli5
This fiirinul statement relative to tin tinniiiui the thea
niiiui a omi of tlm I ii stockholders wnslssnied was issued bj bjthn by byt
thn t h Pieeutive e ocu I I vt c iiiiiiiittiw iiiiiiiittiwTh m n till t t ci ci1Ii
Th rcdiitinn of tho 1 hr directors from twenty twentyII t
II o m n Hiirtton I IK It iinnniniuuflly pitsserl pitsserlTh pedF
Th F Ii 0 evcutivp It I i comtiilttpp c omuttiti t p made ii ade a rorori roror torortt
t ti i rtiwil rig rut tn t ci t ih ti < < liiphiiillliig timttor tin tiniiinin Ito Itol
l IHtli iiinin lip of wlilrh Ii WHS wn s that t ha t thiy t ht wore not Ii ot ll llBonrrl I it itI
Bonrrl I l C I il t 1 the I Ii prosiit lino liii for nny iuti npplion nppliont
t in for fi t rivplvrr of the Itilttd t Suites Sltit Ship ShipI
I nUlmt ii IIi n t Coinpiiny I o I Ii tI ii bemuse hrc u use It viia ii tjelievii tjelieviiloit hel Inte I II
loit I nq t tin ft Ilitiliitniriit of n rooclvcr would no noi not notI
i < for tho t Ii I ht hst t Intorom I ii t Prt of the t he hu hitIn ino oss of tin tinSliinliiilldlni T Ito ItoiiioIitIhIIn
Sliinliiilldlni ir runipniiy rttmnht and therefore t no notn lOt lOttO
tn tho t hP lntoro t of tho ho Trust Company ttnflmI of tin tinllilinblloiis thnI
llilinblloiis I C p11 Ik a < ecnfity r1 t i t holder of tho t tin Shlpbulld Shlpbulldlnir I4h1 pbul Itt Itttii
lnir tii pnipany fftqiptImyttlt
With ttlt ro rrrarcl ard to the plan of th the rporganizn rporganiznI
I on of thn th shipbuilding otnun ny the rpori rporiiatod rPporti
i > iatod i hit I the 1 tie Rxmuilvo oiitinlttv > H stoot stootirndv stoorl stoorlt
irndv t fqt I I v In I n deposit tlio t t bonds with i It ti theReorcanl theReorcanltnn I hn Reorga ii I It
tnn t ominlttne Ill imeil tt ne as rt soon ns C oertuln ertlI in detail1 detail1nf i I eta I k kI
nf I I iiPgollHtlnii Itt nit rn r 0tt tlnir nnothnr nmttoi nmttoiImd niattrt
Imd t It tI hoon I o H amiiiifod S rrs ii t I tn I o the t he Hntifffntlnn MS tI friiIInfl of o tin t hn hnI
1 xoiiitive lIt IV fnininittooThtre fnininittoo oiillllttteoI
Thtre I h rn WHS WI i 4nll I I Ii discussion i I I in of o f tho t Imn nlTftlp nlTftlpoT a Ta Ire Ireor
oT lh il > pninpiipy flenro inil dolalU bfini bfinipi 1fiItrIvIi
pi rIvIi veil initi In a ris or r in tr MifstioiiM th hoHtiwk tttwk holder holdernmiMliK IloIItlt4OIIllIitt
nmiMliK pr h lining thil tRy wen weniii tcrpI
iii I icr ro for fo r I he Ii purpoKii itr nf r veilliiK q t i it siiKcristlon siiKcristloni im gat Ions Ionst
i t if r inn n It P iliojiooliliolilorsiind t Ii o 4 nI IlitI Ire ti n ci getting gt i ug tholr t hrl r vl vltlre views viewsoerP >
oerP tiikIii tiotlol tiotlolj
j j lit rtort of thi Ftnt tlre roinmltje roinmltjemill oitnIttseA
A tiCPiV4 nt1 imrrovd mill the stock stocknoljors stoCkTintior
noljors voteil nn lo trlvn ito VXPoutlVn lom lomliiiltop CotilloIttie
liiiltop power In their dlforetloh to donl wlih wlihiho vItItI
iho I Ii p soiiritios iiirtt I s of oi tho I Iti smiiniiltdliiz tttttIIIIm z Company Companylilrt 0 U itfl itflIi
Ii lilrt 01 d liy I iv tin t Ii I rnist Ccnl cnipanj put In niioh niannoi niannoin fl ntmnr ntmnra
n the Ixooiitlvo Cninmlttee nilaht soo fit fitTho fltrhn
Tho procoodlne of the rixooiitlvo Com Comii oi oiI
ii I tteo wore ratlfleil and the authority given givennnnninioiw gIiiito
to nnnninioiw votr oti of nil storkholdfrs prcwent prcwentuoptlne tirceentone
uoptlne one stockholder representins flf flftoon r rtim
toon tim shares sharesTli stiarosrIio
Tli cert rtMin in details of negotiations ongotialkitiseiooting ro roiipotinR
iipotinR anotlier matter referredlo referred to have haviin
in I do t ith tho foniplioatiotw arising from froirTie fromt
Tie t IC ronfliptitig claims on a Iat lt I of th thshipyards ho hosiljpVflljs
shipyards seouritifK held l hty > y the tnif tnifcmiliany I rutt ruttiIIJlI0fl
cmiliany iIIJlI0fl Tho Th trust t rompanj ieH I ski skiC oi oifintrols
fintrols C ItI rOIC in one > yay or another I3t0000f I3t0000fof t100000of
of hliipyurd necuritie turitin4which whicli may be ht CH clawel clawelfiI S Sfioil
fioil us follows S400flliO OI J4 held absolutely absolutelyJiwOOO ahotuteIyIw
JiwOOO Iw rxo fivnr Or wbicli the tni ttitt t fximpaiiy romnpany
1 I 1 < power of E nttnrnoy Slwmooo ownel by bysilvvi livSi
silvvi Si ivoaII ant Fish and Cioorg C Boldt and andinojr andt
inojr t fin friends and obout 7000H worth in inmtfird inmrIri
mtfird mrIri rd in Ii wiijpli jrI there is a 1 dispute disputeWnthrop diiputnVtnt
Wnthrop Vtnt litop K i Scnrritl the new presldontof presldontofiio of ofI
iio I ccimpany I U1Jti V said a jol that I ha I the I ho company dr dro >
I o i > to have thn Sheldon syndicate take takeier fakoonr
ier the 1w securities in liisputoand iiiopiite ariol thoclalniti thoclalnitiwhich time olaimitto
which 1 i Ii a i ignitis 1 go I n t thoni t Thntn TPun I pt where wheretio vhipreI
tio I rub ru I i mines now The Flit shlplntildlnjc shlplntildlnjciirginbafii sit ipi iii fici iti g gyiiolkatn
iirginbafii > n yndlfale of which fieorgo fieorgoIf
If I Sheldon is Iliu I his head Ii rod wants caItt 14 t lie control controlif con t Ci I II
if I r toiigh it gi m shipyard shipva ru Hcurities iieitiit liii to give thn thnfrvntlirvitP I ho hovmidiratr
frvntlirvitP a mnjorlty for its reorganization reorganizationwhiine noorganizatiomiI
whiine lint I ii it in net ni I nt a I nil enlhuiistie olout olouttiikin at out
tiikin 4 lu ing over tin I Iii di I imoit < t > uted nl ImldiiiKs I ICI lititi gs niuj niujhning ii Ii ci cihiviimg
hning 1 Irt of litipalion IDlest iiii on oh its hands handsThn hiamioleIhto
Thn Sheldon i Hvttdlcat now holds orcon orcontrold or coil coilt
trold t ib4 hv plodc jonotKX OflO000 of ho lt shipyardH shipyardHsoctirltloH hiipyardssotirhiks
soctirltloH limmOO 1 from fharlcs M MSihwah MSlvah
Sihwah anil loi0X I lOo OO that I hat vore vt sent back backfrom backill
from ill I Iranct Frt ic aftur aft ii the faitur fall tro of thn I liii pro proiniitiirH prohut
iniitiirH hut ifl to I 0 dispose chis1w of 0 f them I hnn in I n hat t oiuntn oiuntnThere comitit Iv Ivihipne
There will iindoubtidly iIithOhIItlll Is > > a compromise compromiseIvtwecn OflprflfltFo OflprflfltFolit
Ivtwecn lit wieii tho I liii syndinal ii and the t ho trust I com comliiny cornha
ha liiny ny as lln I Ii > two t vi i arc a n d dosi iroiM ii imis of getting gettingtoarthor gott ing ingtgt
toarthor tgt hpr and blocking tho I lii scheme cIon of if tin1 tin1minority Ito Itotinoritv
minority Mookholdors for n receivership
Tho whole vIIil influence of tho thi trust com comptny emImy
ptny said n momlnr of tho Ito exi eioctttivn eioctttivnrirnmittun > ciitlvo ciitlvorommltlee
rommltlee will IK for reorganization of oftii oftilo
tii tilo shipbuilding company
The l backhono > acllon and ono lie thins I of value valuef
of f ihn I ha whole thing I is tho th Bethlehem Steel SteelfonipanyV Ste1tiiflipflYM
fonipanyV plant put into the lie shipbuiUIinc shipbuiUIincimbination ehipbulkhingomhination
imbination by Mr Schwab If there Is to tol toIn
l In i n receiver Mr Schwab will take out tho thoRothleliem thiiRthihehern
Rothleliem plant and all we will have left leftttlll lefttlIl
ttlll IH a lot of shipyards scattered all over overIIP overliii
liii IIP onuntry without any head With the thomarket themitarh3et
market as it IB In these days it would IN INimpossible lieintposslhle
impossible lo enlist capital In the develop developniont developIit
niont Iit ° iit of such on outfit as that On the lie oth othcr othcrbtttd r rind
btttd ind if the Sheldon reorganization plan planKfs plaitCe
Kfs ° Ce through the steel plant and the ship shipyards ahtipvande ¬
yards will be kept together the lie rights of oflie ofhe
lie landholder will be preserved and tho thointerest liii liiilniireet
interest on the bonds due in July will IKS IKSntended heettended
ntended to The 2000000 additional additionali
i apitnl Pita that IH needed to reorganize neorganizeliac has len lenpromised hem hemI
promised I ° Iflil by Mr Schwab SchwabSamuel SchwalSamuel
Samuel Untermver does not control controla
a very vn considerable minority of the se securities eenitrhtips ¬
curities Ho N said yesterday A receiver recoivprliip receiverhip
hip is the heat thing for all concerned concernedThat concernedTiti
That Titi lien on the cruiser Chattanooga in inhe inlie
he frescent rccmnt shipyard ta only a forerunner forerunnerf
f what will happen In all the yards of the thoinbiiv therinhino
rinhino inbiiv If ire dont have a receiver receiverIn
In his hisatatement statement to the thepubhlc public Mr Drefer Dreferild Dreseerabd
ild that lie had come back to New York Yorkintrary Yorkofltrar
ofltrar intrary to the advice of his physician physiciannd
sncl nd that later on he would speak morn In Inillail inikini
illail of his connection with the two com companion canthiflhiirs ¬
panion He also wild wildI
I i Ih > h nt ii this time to Mute that In no in inntifo Inallot
allot tiCs nnyihintr don done by inn In my tii c capiie capiiehf p c cMS
MS nresiilnnt of the Trust Company or this thislHiiihMe he hePitiuihJI
lHiiihMe wlilrh will not bear the fullest In Inilifition toiItcatioIi
ilifition I nlfo state that nolther my mytT rn rnMr
tT Mrs Mr lohn Nicholas Brown nor m m1iiiherliiUw iiiI
1iiiherliiUw I Mr < leorK Vnnderblltiny Vnnderbllt Is
110 > iny piitner niaim r directly or Indirectly exin exinni eomiorileOl
orileOl ni fj in my Itl trnnsnrtlons with the Trust TrustI
1 iinlwiiy P of tlie ftrpulillc or the I lie United Jnit ed HUtcH HUtcHiiipriiiildlnct Stat PS PSiIiiriiimittlng
iiipriiiildlnct rmnpsny nmnpsfly This hns he been fr frfcionily fre fret
fcionily t ifIiih itnted lioforc end I wish to emplm emplmIrrdletn emphiatt
tt ttIrrihleti
Irrdletn a Better Copper Market Market1ilin MarketMmnntin
1ilin Stunlon who Is interested in intii nev nevmi
mi largo copper mining companieH and andknown andI
< known in thin trade aid yesterday yesterdayI
I fio 10 not fl rjtprct lo see re copper wll below belowit
11 ffni cnti a pound iuund The recent setback setbacki
i > I wen due lo the lie Mopping of work In InIP
IP 0 iiiilldiiiR iIthlhjii trade becau Iscaiie e of labor troubles troublesmarkfi
I < markfi will go go higher RS soon as the theioti
ioti ilil iltli lalMr 721 721ii
ii
PROPOS4F TO 4WKS CRKDITOR CRKDITORToronto cniwironqToronto
Toronto nrokern Offer to Ia > Oclit OclitIn Dthtiti
In ti Full Ulthln IlRhtrrn Mont Months MonthsA In InA
A circular line Wxin sent out to Its creditor creditorby creditorsby
by A K Ames A Co the Toronto brokors brokorswhosuHpcnded brohorewhiosuHponded
whosuHpcnded early this month mnnt Ii proposing proiwsima
a settlement of their liabilities on Iho lie bi bqsh bqshof i iof
of jviyinent In full till with 0 per cent Inter Interes litterOs
es to unsecured creditors twentyflv twentyflvr
r I r cent payable on July 15 and the balance balanciIn
In three equal payments at six twelve am ameighteen and andeIghteen
eighteen months titont ha The firms state statettwitt statettwittshowcd men menshowed
showed tho tim unsecured debts to IK Say HavIngs Sayhiigi
Ings dopositn 230114 credit balance o ociwtomara of ofcustomers
customers 134111 341Il and due for surplus mirplumargins surplusmargins
margins 1135000 1135000uossir 125000iosii
uossir or irt IVtiL STRKKT STRKKTIt
It was freely frunl imserted usserttIynterdii ye tcrd y lint th thLondon this thisIoioloiu
London market for merivun Hoeiirillen lui luiborn tutu tutuhcn
born ri rIggsd B d with orders from thl thk sldo told fo fosponilntlvo for forspnciuInthp
sponilntlvo effect here hen The prevalonco i ithnt if ift
thnt t hun t suspicion made It I I MOIII iti I ii that I liii t tho t lii thins thIn hn hnborn Ii ait aithimit
born overdone Stuck opened w weik ik mule mulethe utitilerthus
the Influence of the Inwor London eiuotatlons eiuotatlonsbut
but quickly recovered and all the stocks tol tolfrom solti soltitoni
from toni londnn wero taken above parity Th Thstrength lhie lhiestrength
strength exhibited In this tttI market nulled nulledlot a alot
lot of Iondon gelllne orders to bo cnneellec cnneellecTho dI dIThe
The foreign houses sold about V5nni OT slum slumon sharesott
on balance balanceThe balancel
The l hin Steel stocks III I it 1indon declined mori moritlmn mu or orItem
tlmn Item i per cent below Niw N ue York irk parity i ivery a ary
very ry unusual tlihiir thulii to happen In thov shares sharesThn shameThin
Thin sentlriientnl effect of It however was wninulllfloil wasnulltflnil
nulllfloil by t the support Riven at tlio tht ounln ounlnof fl flof
of this market In tho lii early euurh trading triidIn the com comnion
nion Htock liroko l point bolow Tliiirsduy Tliiirsduylow Ihiuirsdsuylow
low priio prh ii to S and a nil the t hi preferred wont wontlowor ntit ntitlower
lower thnn liii 0 Thurndnys Th urutn low to 78but 751 hut nolthe noltheissue nnlthiprIssue
issue reached rca duct u parity Pa rI t y with wit Ii the t lie London price pricennd hint tea teap
nnd p itoh both hot hi rallied ri II oil very vrr sharply slut rl Inter In ter on th thcommon t Ii IioiiinlnuI
common stouk tn 11 nnd the preferred to ii S SThoy Si SiTtio
Thoy Ttio closed thoisi I nt ii t tho t he lop I op There was it i bl blcrowd i icrowd
crowd at I flue he Stcol post when the markr markropened nuarketojieiii
opened ojieiii < l Sppoinllsts sahl thnt hut some of th thbuyltiK liii liiihutIni
buyltiK looked food Tlio storks evldentl evldentlwore CVIICtltlYwere
wore bohix supported with orders from Ini Inipnrtiiiit inplirttitt
pnrtiiiit source Short roverlmr WRS WP 1 foil foiltnio lett
tnio t iii n of the I ho advance ii d mire Tho tradhik t r di tii rlemen rlemenwhich ohiuintitwhbrh
which sold the common stock so heavily 01 01Thursday an anTtirsdti
Thursday bought back n srooil dealof It yes yesterclny e etorchuy
terclny There has been nn iiblrllnc short no nocount tiecount
count In the Steel shares for many ilmmu month monthIt
It I t is u question how hni much of It was cover coveron I Ioil
on this I decline Tho t liu bulk of the short cli tirt in interest Itttreet
terest ooverofl yesterday Is believed to have havboon havei <
boon i > Ciiui of recent growth growtha a more room short In Intcrest Interet
tcrest Short Steel put out six sh months ngo go t1 t1bald is issaId
bald till to be uncovered uncoveredThere uncoveredThere
There wore n it lot of 1 per cent bulls aroum aroumhero aroand aroandhere
hero at the opening said a room trader yes yesterduy ysterday
terduy believing the market could bo bid bliup bidutp
up against u scattered short interest am amwaiting auth authwaitIng
waiting to follow somebodys buying The Thefollowed They Theyfoltowed
followed the buying In Steel nnd Kvndiiuvery Kvndiiu Iteadinicvery
very willingly and any other that looked looketmonetarily lookednionetsril3
monetarily promising They will wnnt theIr thelpro theIrproflta
proflta pro Ills tomorrow tomorrowThe tontorrowThe
The friendly altitude of the room orowt orowtwai crowd crowdwaj
wai rather unexpected in view of the tht lowelondoii lowe lowerIondomt
londoii riiotutloii which the helm crowc crowcevidently crowd crowdvldentty
evidently intendoil to mo agaluM th thin market marketA
A force that none of the bears had reckoned rookonoion reckonedon
on anticipated further aggression ii In Steel Steeland Steeland
and th the buying of Ieodlng we very ini inipresslve
presslve presslveAlthough presivetIthouiiilt
Although the Vuldorf contingent ha haseemed i iseemed
seemed to be the principal bullish factor li liHeading Iii Iiiheading
Heading on this advance the Impression hn hngot tins tinsgot
got around that its operations are Incident Incidentto incidenalto
to purposes of morn than speculative Ini Iniinrtance muIiortanee
inrtance It I t is heard again thai t hat something somethingis samuel htIn e eIe
is golne on tn the coaler storks Much ul ulthis of ofthh
this thh recent buying In Heading has emanntet emanntetfrom emnamuated emnamuatedfront
from important sources sugKrstlncr furthoi furthoiacriimulntlon fort her heraecttmulatlotn
acriimulntlon by Interests who are am nlrondv nlrondvin iilruadyin
in control of the property The nnthraclKIndustry nnthraclK ttnthraehieituduustry
Industry lsropre a represetuted piit d to be in a vry flourish flourishing flauirbItlii ¬
ing lii it condition OtiIIt hon In quarters uchi vhoro nrc good Itenil ItenilIng I Plii I IIn
Ing In uc Infornmtlon I ii fornitut is rreiiueutly freit I ttIti t Ioiind t o it ii t I tin tinsentinionl t lie lieset
sentinionl set I fluent on o ii tho t ho stocU etoc l < confldontly confldontlybullish to ii fluten t I y ytulItIIu
bullish a aaenuiIsn scnn n Urns were tho I lie hcnvlosl hcnvloslbuyers hucuuviesthiyers
buyers yesterday fnklnir ink Iui about ifi ttiNuiu iiu sliaroiud sliaroi stuanisaiuI
aiuI ud bidding for tho thu stock llennlng nnd nndWorniHer tundSornieer
WorniHer were also instrumental In ndvunu ndvunuIncr ittvtuuoing
Incr the price Many who thought of taking takingprofits tatultigprofits
profits oil utock bought earlier In the week weekwere weekwere
were restrained by tossing how olTrrlng olTrrlngwere otTerinoiwere
were ubwrhed tubs > rhed ou rlflng rttngquitotntIIus rttngquitotntIIusflrokera iiuotntions iiuotntionsBroker
Broker who sometimes ropresent Mr MrKecne Mrleene
Kecne have been conspicuous on the buylni buylniside buyltigAIde
side for sRVcnil days and In the board root rnonIt rootit
It is supposed that Mr Keene is l bulling the thimarket themiunrket
market This opinion Is not bused alto nltogether altogether <
gether upon the attitude of brokers thnugh thnughto
to I bo noting for him him Mr Koeno is Uilkini Uilkinibullishly tuhktnbullishly
bullishly bullishlyThe bullishlyThe
The Pioani following i to sold to have been beenRcnuiuulatlng liedacoituiiuitIatln
Rcnuiuulatlng Erie on this level There w was wastalk i italk
talk In thn board room yesterday of ono order orderfor orderfor
for 10000 whnres havlnir been cxeuuted thl thlweek thiS thiSweek <
week for theIndividual the hnditldiial nconutit of one of the th1Itpam theI
I Itpam party hart y Krle Is ono of the few stocla stoclaon
I on wliioh tho t Ito prevailing preva lila g sentlmont smut I fluent is bullish bullishTho bit I II sh shThe
The floor crowd Is partial pnntiulto to it Sumo Sum of th thsnnin the thesnub <
snub snnin people who are bulling Heading focibullish foci fcitiiilhih
bullish on Vlrio rhe too Knrnlmri are sjild l to tohe j jbe
be responsible for the present buying interest interestIn
In both ca tnseu tnseurite ei eiTbe
rite less aggressive a attitude ott htude of some of I hi hileading he heIeadtmtg
leading bear interests tends to confirm the theImpression thu thuhutipresolon
Impression that the bear party realizing realizingthat retilizimugthat
that themarket the tiuarket has boon void almost to 11 11standstill iistandstill
standstill would favor a substnntiul ntlvHnce ntlvHncenn
0 nn which to resimm sollliit operations It Itwould itwriiiid
would not surprise the room crowd to cap seoseveral capseveral
several operators who have figured promi prominently irotnineuutly ¬
nently on the short side turn suddenly und undwork utidwork
work for an n advance Some suggestion of ofthat oft
t that hat was soon In yesterdays yestirda ys session It is isthul Icliehleved
liehleved thul t hit the t lie hidden short account has hasboon lieshiin
boon heavily reduced und that whit remains remainsi
I i miiinly a Hinting short Interest existing In Intho InI
I the room room Short stocks apparently are not notlioing
I lioing put out on I his hileJevol level lo stay stayThere stayihere
There wero two opinions of the rally yes yesterday yesterdity ¬
terday one that it wan encouraged by bear beartraders beartrioulera
traders in order to mnke around < in > n which whichto
to put Out more short stocks fora for a turn and andthe andthe
the other that it was genuine In response responseto
to more encouraging general news and favor favorl
a l hile > le technical t I conditions cond It honc In I mu the t Its mnrkel mnrkelTransactions nm rk ot otTnittusactions
Transactions were ns largely Is rgsiy professional professionalus
us In Thursdays sesaloni Favorable foro foroa tontcaste
caste a > t i of the bank statement played a promi prominent prornineat ¬
neat part In speculative calculations Many Manytraders Manytraders
traders said last night that they would sell sellstocks sellstocks
stocks on n strong opening this morning morningun
un the theory that the market will sell oil oiTunder oiltinder
under profit taking on the appearance of n nfood agooil
food bank statement statementThe statementhIm
The hIm statement was made yesterday by n nliroinlnont airoiiiinent
liroinlnont Insider that there Is no Indus Indusrlnl Indiestrlii
trlii rlnl I corporation corporat Ion stronger at ronger In n llnnminl I way wayh waythen
then h n tIm Inltod States Realty Company CompanyIn
In the consolidation of oltlce Ac he added addedt
It t was found necessary to let out a number of ofmen ofattn
men with the result usual In such cases casesWestern cacoVectnnmu
Western speculative Interests seem oven ovennore eventulane
tulane disposed than Wall Street is to forecast forecasthe forecastthe
the he stock market by the crop outlook Much Muchif Mitchof
of if the Western buying that occurred yes yeserday yesterday
erday In storks especially the ernnger rail raiload raIlrood
rood oad Issues appnrenlly was Influenced by byIhn tiythe
the moro encouraging tenor of crop advlos advlosaoth iuhvlnsboth
both ns to corn tint wheat Many who were wernihort werehuortof
ihort huortof of storks iotoksrofld and long of corn wore moved movedhereby oiouedthereby
hereby lo take profits In both nmrkets nmrketseportsof ninrketslteportaofrnln
lteportaofrnln eportsof rnln In the Northwest where spring springvhont siinimiwheat
wheat neodod it and of the temperatures In Inhe Itithe
the he corn belt worn received with irrett satis satisaction attcfactIon
action especially In stook market circles circlesilost circlesMost
Most of tlm private crop advices received receivediy
tiy iy the Mogtern wire houses louSes were favoriiblc favoriiblcV
A V despatch from Chicago said that returns returnso
to o the officers of the Burlington Indicated n nrmtorlal auntttorInI
rmtorlal improvement during tlm hi lust fort fortilsht fortuilglit
ilsht In the Nebraska crop situation It ItIQW l lnow <
now c estimated l linn tori that the wheat yield lsIuI In thnt thntitate ttustState
State will equal that of last year and bo of ofiPttrr ofhiettrr
iPttrr quality The floods did considerable considerablelamH coneldertuldedarnnie
darnnie lamH p in the lowlands but this Is offset by byhe htythe
the he Increased upland acreage Corn It l lld isaId
saId ld will revive If the sixty days following followingho
the ho 1st ti of luly are ninrketl by lileh t tefltprn tefltprntures mp rn rnure
tures ure The Uorftrn Millrrt crop rfsuinn was wasilso vtisalSO
alSO encouragIng CDCourntlniMnrtcaice encouragIngMortaP
Mnrtcaice on Stock Kxchance nullillnK nullillnKA fltilIuIln
A mortgage of 400000 made by the New Nework NewYork
York ork Stork Exchange Building Company Companyo
to o the Bowery Savings Bank on the New Nework NewYork
York ork Stock Kjchango Building was recorded recordedesterday necordsIesterdsy
esterday It U to run for five year at atJ
4 J Per er cent ti nt
sTKEr rnHEs OT TO T cno cnoOttlHal I1tN6Omelal
OttlHal Annoimcrmrnt ArniotiiiciuintTbat Tli t the inn innNchrdulft 1004 1004SchettuI
Nchrdulft Will IIt Ilr Dettue the Mmuuia nm ns huts Vp eir9 eir9It ri riIt
It wan officially announced announced yesterday yestcrdathat yesterdaythat
that tho hue United UnitedStates Slates Hlecl Corporation Corporationprl CorporatioutsrLc
prl rLc o schedule for finIshed steel product productfor productsfor
for delivery In IKM will lie the snmo as th thcurrent tImcuttmcii
current cuttmcii t Micdnln to This TI i Iii menrs tarot u that I it Ici Icirails ccl cclun
rails un I Is now stlllng suI II ii g at 58 S a ton cmi will uv I II rcmal rcmalnt ietnaiiiat
nt that price priceTho PriceiIie
Tho meetings niret liug of the thu ezpcumt seciitiv iuut officer officerof
of I I the I lie constituent constit ii cit t conipnrifH Ciiiiihn t ics if the I lie Unite UniteStatps id idStates
States Steel Corporation orhotnI ott nndof 1011 of rcprrxrntn rcprrxrntnlives
lives cf c f tho hut ltiirp < Md iiilsrt nt istid Mi I producincuniNUilcH producin ptiuluicingJiiihiaIiiiS
cuniNUilcH to Hx the prlco irhro Kclicilul 1cr cr too tooended ICO4 ICO4ctnbti
ended yesterday Charles M Schwnl Schwnlpresident SeluwabhirtsidPumt
president of Ihn I lie Sfr co tnr rntic n mad madthe niathet
the t he first ft ret announcement a ii ito ii ri cemnu i I irgnrdluK ir go iii iii g lies liesyears iiPt iiPtveers
years schedule ehed ii Ic Suh Suhti iiKnlly itic n I ly K i H Cnrj Cnrjcluiirman ha ry ryelutiratan
cluiirman of tlip t pxrcullvc sxrcitt Iuo committee o othe of ofhi
the hi Steel corrorntkn gave out thin state statemen thteIiuiflt
men Iiuiflt Iiuifltihu I ITho
Tho ihu prlco of steel rails ru Its for tho liii yi yiYmr r ii 1titt4 1titt4in 1 1lin
lin in boon llvpil nt sM ii the price uenit wldcli ha hanhtjilneil has hasnht
nhtjilneil nht I a ed ilurlnv I ii rtn it tho t hi l luot t throo t lure yours yiti us Asth Asthfull t a t ii iifull
full capnclty of if nil tho ttu mills for the ncTt sevo sevoor eevelt eeveltin
or in Iluhl iiionllm ittitiut Its him lietii sold ninny iiutiii of th thloading t tie tiehendiiug
loading mllroiid cohi inlos hnvo liii ye oiprosso oiprossoi i
i do I Inch lro re to t 0 Inve hum ye theprice t he Pr he nf of mil ru hIs csliibllsho csliibllshofor Cci ii hI khd khdfor
for noxt season nnd tutu nrtluti net Iuui hut hoon nkon nkonlittle ii iilittle
little earlier tlmn imiiiil tpwnrd nf f Vjoo VjooIons ujiiObr
Ions for tiKl linvti idroidy boon booked nn nnliiiirle titid titidliutitirles
liiiirle liutitirles Corn ion n lurtiniiiMilliiniil tonnige tonlin ge have hnvboon haveliptii
boon received during tlio day X < > Ilniuv IlniuvIn hutuiitoIn
In tho t Iii prlcoi uhees of other oh her linos of stool at cci titus boo boocontemplated been beeninflt
contemplated contemplatedThis inflt P ill tlri t ed edthIs
This announcement eminent cii anti i has I as put iii it nn ii n ml t I to I a th thIxar t lie lieboar
boar rumorn circulated in I ho Ii last few day avs avslii
In Wall nll Street St tcrt lo 0 the t lie fret that I heavy ciit ciitwere eults eultswero
were to be inide In the t lit prills inius of flnishfi flnishfisteel flit Ish d dsteel
steel pnidiictx hiioluu els for not year Ciii The Nut Nutand u uand
and Bolt Association IIHM nlso devIrlFcl ti timake to toinn
make inn tue no iii chango rh unIt go In pricon and at d a brisk I imiskrand tie tieiralirl
rand for nuts anil bolt n is I wild to exist existTlie slstThic
Tlie manufnctnrers are lookirc for n ft fttlenient settlrnieiit
tlenient cf tin1 lnl muon > or Irrliblrs fri tiblis in ir tlm lit I Ittild Ittildhog Hi lit litIng
hog trade next month monthHIT moot It Ittill
HIT IUCK It II 1 HUSKY ItlHWKIlli ItlHWKIlliOld
Old Owners thu iuers Pureha e stuck I uuk ul Knells KnellssjmliMto
sjmliMto nditt I nt lmv Irlce IrlceIl
Il was niinounrid in Newark Noun rk yestcrdij yestcrdijthat yosi rid ty tythitt
that Gottfried Kruopor of Nowark uvirk anil anilTeler noulPet
Teler Pet er Hauck of 1 1 Harrison Ha rruvtul N J J hod re recovered ncrovrcd
covered control of llmlr I hrIi brownrles whirl whirlwere I Iwere
were taught by tn EiiRliwh syrdlcatc four fourteen fourt
teen t eon years ago This Myriliontp e purchitser purchitserthe
the t lie plant of Adolph t 101111 Ilurfcl II urfel in this t liii city citjand citya
and a mid that t ha t of tho t lie Albn Al I i i > < irewlnp lres t Coinpniij Coinpniijof nitipa a y yof
of Albany Albaii Hupfcl Hiuck II iuek ard ar d Krungfi KrungfiJoired Icrurgerloin
Joired loin id in Inlying buy itt g up i II tho t hi stock from Knglisl Knglislholders u ulmoldurs
holders niakins n rato of To 7 for preferred preferredand prefernuulatI
and 31 for common slock The Knglsli Knglsliholdern miglshlmoltheniu
holdern arc said to have deposited with withthe wit Ii Iitin
the lloyds Rank of Ix lrio1ort > rdon 19000 h9O share shareof shiarosof
of the liii stock on iii June T > anti the runvjirdei runvjirdeiis
is promised by July 11 11Negotiations 13Nigot
Negotiations Nigot lot ions wen rarriod on iii bv Samuel SamuelIntermynr StuiiueItntemniynr
Intermynr of this I city mid M i1 T I TJufrett TJufrettof
of Newark and Goorg Iril was sent over ovorfrom overfiotti
from England as tho t lie representative repiusintiut lu of the thestockholders thiostockholders
stockholders lIter then1Messrs lIterMPSSN
Messrs Krueger anti Hiuck Jointly joint ly or orsoiaratelv rnI
soiaratelv I rat Pl3 ure ci ic now believed lo I o IIHVP I tve cortrol cortrolof o nt rel relof
of all of llu I Ito > big brnvvprUs in it Newark ex except o ocept ¬
cept the t lip Bailout 1al In iii inc Hcuslcr FelKsnupmi FelKsnupmiand Veiuin loptit m mand
and Wlecienmayer which rcmainrd out nf nfthe ofthe
the Hynilicntes nril the Kiistrcr 1tust cci ami Tref Trefbrewerifs Trefibrewerki
brewerifs which hiehu art a to still st ill under r control cont ret of ofEnglish if ifEnghisit
English Hyndicates HyndicatesKnioger siuihicatishnmeger
Knioger owns the t hr Uyon nrewiiiK Company Com ¬ I IIian
pany Iian outright neil IIB huni largo imprests in infour Iiitour
four others Tt is said that he Ito and Huuck Huuckwere Ilatirkwere
were prepared to tiny nivrly S2 3iwsotsi < XOfiu for forthe fort
the t lt rppurcliaso o oh the Kcglish rihioht holdings holdingsThey holdIngslluey
They had the management ol the breweries brewerieswhich hrowtheswltlch
which tliey sold up to 1899 when they bweaiito bweaii hegatito
to to buy up the stock through agents nt prices pricesfar
far Ia r below those t at which It had bc I iron < n floated floatedTO float ed
TO HKHTRMX llltlllM llltlllMew IIt 1t11ltl 1t11ltlew
ew Uriel riled tlheuItaIiisI snln l Voting iIIn I I IIlolilln IIlolilItiZa
Ilolilln IlolilItiZa In S l > Ilectlon IlectlonCINCINNATI
CINCINNATI Ohio June in tontrary out nary tn tna i ii iia
a report Hint I n m compromise tail l een of offe offeet
fe feet < te euh < l in New York or Iwtween 1 iei uveoti ilio hi Koono Koonoand letea
and a tid Hnrriman lii tilt tin ii Interest nnd a t iii thnt I hot the theSouthern t liii I ISt
Southern St hero Pacific Itailwny its ilway Mull hail Its I lucii luciicoiiipromliedj Ieeticouiiproitileetli
coiiipromliedj a brier was filed today by bycoiin byeottiueh
coiin eottiueh i1 for tcii tho t he npt llaiitK llaiitKThe
The original origh on I sm stilt Involved the t lie niimtion niimtionof q I uet ion ionof
of the t lii rlgiu of lio Villon 1 Ii Pacific Paci fle directors directorsIn d ire I I Iti
In ti vote ott in tin tb stockholders niooiiiiK of the thnSfiuthern theStttIertu
Sfiuthern IafiHe Hailrnnd HailrnndThe ItculIrinilihi
The ihi brief I lilyd Ii he I otlny 0tin was V11 jiropared red by bySenator I iy iySciinttm
Senator Korakor AligiKtns VilKon of ofLouUvlllo uILout
LouUvlllo Lout vi I ho Kslyln FIaI it l imorbncli uuit trhizut m of NVv York Yorknnd Virkii
nnd ii nd FUKOIIH Eu eite Treailwell iron i I ueI I Tvom it v vI x iirgu iirgumenH a rg u umen
menH men to nre a ru idvnnood tti Va ttel in I ii lifhalf hishua It of i i C the t lii nppel nppelJanti I Itaut
Janti taut s lo ti restrain reiitrit iii tho t lie Harrlmnn intprostn intprostnfrom lit crest i I Ifrom
from from voting vut lag lio I Inidn Iuciflt1 holding 1tttkhimtt in inthe litI
the I hi Southern Sittt hcrii Iaciflo election diet ion vhi ° i tins liaslxeii tinshiceti
lxeii postjionod postjionodIlcadnic Iiii Iiii3O
3O I1WII1 I f lRIv S1X S1Xileasn
Ilcadnic letitiire of the it Ssenscrfi at atSI atSI
SI lniih lniihST IoitliSr
ST ltns Nlo lo him in Tlio matlneR matlneRgiven luau irie iriegiven
given today by the hi f tinget iiiKPifo fet i ihpv out n nrecordbreaking anecordbrenkitig
recordbreaking crowd n choirs thin is < r f uzGo uzGooIcis M Mvolcfs
volcfs of children cl m ikhnen frrim from ii the i i ii public pi m 11 Ic xrhooli xrhoolilxing cltoohsbeing
being ilio t liii groni g rot I nttrnntluii a i t ran to ii and ii iiii tho t ito further furtherdesire Iii rt Itet ItetcleIre
desire to hear Mine lCai Catherine hcriut Flelwher FlelwherEdol FheisehoiiLoI
Edol soprano oopra no Muu M me Ioulsn loit Iso Ilomnr lottie con contralto cont ¬
tralto t ra I i o Villi i Birrenkovpn Hi rteuu kovim tenor t ntii James Jn nics J JKohatiai 1 1Itohiatuai
Kohatiai barytone and Max lohllnibasso lohllni Loimtlmighuassit
basso huassitthin bassoThe
The concsrf this t It is evening wound up the themusical t I in inrntusical
musical feature of thp t1u test and was devoted devotedentirely liVitiilcli
cli entirely t irely to m r chorus singing iii migi tt C concluding coticl uding with withthe si t It Ittlun
the Star Spanglpil Bnntior the t he audience audiencejoining audiencejoituimug
joining in with the male chorus and or orchestra orcluestra ¬
chestra Delegates will participate in an anopen aimopen
open air entertainment Saturday Sat tirdav evening eveningat
at the old fair grounds concluding with a agreat agreat
great pyrotechnic display displayiiKr likpinyII
II iiKr 11t ioitai IMI IMIThe 111tiie
The IJlli Anniversary ttimIt ersam of tin Kvnfiiallnn KvnfiiallnnCelebrated Iu netiatloim netiatloimehelirat
Celebrated CelebratedIHilADFirllU ehelirat cd cd1htttnFtrHtA
IHilADFirllU In June Jill1 10Tlie 10 Titii 125th 125thanniversary 125i hi hiannIcrsoty
anniversary of tho tim evacuation of Valley ValleyForge oallcyForge
Forge by Clen lea ietjrgo Washington V army armyvas armywas
vas celebrated today tov 0v Pennypaoker Pennypaokerrepresentatives Pennypaokerrepresentatives
representatives of ciylo civic nnd military militarynuthority militaryauthority
authority tllgnltariea of the Church metti mettilrs menu menutiers
tiers of the lie Daughters of tho Ito American AmericanInvolution AmnonloamiBevohtutinn
Involution and n largi assemblage of menwomen men niemiuuomen
women and children tool part partMemorial partMemorial
Memorial services were hold nt Mount MountJoy MottntJoy
Joy at 10 oclocki later nt Port Kennedy Kennedythe
the cornerstone of the Washington Me Memorial Memorinl ¬
morial Chapel was laid laidIn laidin
In the lie afternoon them was another patti patriotic pattiotic ¬
otic service serviceOLottino serviceOLOIItIO
OLottino IVKi iri KORII TO MUM MUMro itiTo
ro DIscuss the l lcla > rlay In the 1avment nf nfIt ofIts
It Its Notes NottaMOre More Talk out r Friction FrictionA
A meeting of the directors of the Colorado ColoradoFuel ColoradiFuueland
Fuueland Fuel and Iron Company will lie held in this thisity lila lilacity
city ity on Monday nt which Wall Street ox oxects cxlie
> ects the lie recent Incident in the companys companysiffalrs companysaflains
iffalrs involving a delay In tho payment paymentif
of if SAOOOOO of note will bo fully discussed diFcussedI
I C Opgocd chairman of the company comtianyffho companywho
who has IXMJII in Denver will probably probablyittend probablyattend
attend this meeting meetingWall meetingVahI
Wall Street has lia heard much recently recentlyib recentlyabout
about ib < iut renewed acute friction between betweenhe hetwtenthe
the he Osgood and Could factions in the t hue com commiiy curnpatty
patty All that one of the directors would wouldiv uoiilliuaV
iuaV iv yesterday was wasI
I can say nothing until Monday Mondayllurnmd Mondaytliirflend
llurnmd > Made I lcoile anlnln anlnlnPolice aplainPolice
Police Sergeant Henry W Burflend was wnslade wasmade
made lade a captain ypslprdaybyCommissioner ypslprdaybyCommissionerireene
ireene Burflend ban been in charge of tlm tlmlarlem Its ItsHarleni
larlem pilloevourt stjund He wasowsigred wasowsigredo
to o command thin Morrlsanla station The Tliai Thenew
new i w captain Is hO 0 years old and haft lx beau en a anemlwr amember
member of thin force for eighteen years yearsJOTTIS yearsFOTTIY6S
JOTTIS IHOtT TOW TOWTlie TOWN TOWNThe
The Hoard of Kitlmntf AUtborlird yrstertlii yrstertliionit > abond
bond onit lisue of 13000000 for nock IniprovpmenW IniprovpmenWnil
anti nil an taste ol fionooo liOOOoO for building btttldtn the new newliy aceclii
clii liy rotlfRe rotlfReludEninnts rolhiweiudneflte
ludEninnts for aholutr dlvorre vrre granted jtruntfdr grantedirsierda
irsierda r tfrd y by Jmtlrf Aminit to Johannii K Ilflllj Ilfllljrnm lteihbfront
front rnm John 1 Itllly ti llcrbrrt N Chute fmm fmmle frniiiOiaChUt
OiaChUt le rhutf lvA tOAiIIfPhtiipp < lilVhlllpp from Ann nn M A Ihlllpp Ihlllppna
na lo Annie note tartan from Morris Ciiirlan CiiirlanThe iutrianThe
The atlarhincnt lasiteti uert ifnlnM the rout hililnrll hililnrllf
of f Clurrnre 1 l owtlirr In favor of A noy floyat l GurM GurMrho Guesiwho
who ht brought stilt ui ficalnM him for the Allrnt AllrntIon tlrn tlrnlion
Ion ot Mr fluidS Ktlrrllrtns ute v rcdwr redtie4 rt jr jrrrdiy ea ealriliy
rrdiy liy the Appfllaie r liii > HI < lon nf the Miprnnr Miprnnrourt tiprcinr tiprcinrOtirt
ourt fmm ft7riC 7 io 10 jVinm YflO tiueM 1 suit l te lor brexi
73000 exi damacr
ClVT RECOVER FROM ii IP lruJtT lruJtTParjs fiTKl fiTKlParkii
Parkii IMCH Suit tiIL for Share tif r Steel ni niHlreTnist nnih nnihihrtTrust
HlreTnist Protlln ProtllnTlie rrnhltcThe
The decision of Supremo Coiirt Juutii JuutiiTruai JustIce JustIceTruaa
Truai In dismissing the he suit brought b bJohn by byJoltn
John H Parks against John W Oaks f fa for fora
a share In the profit of the formation i itheStwl of ofthteMtcel
theStwl wire Ire Trust was affirmed ycstcrda ycstcrdaby
by h Hi t h ° Appellato Division In a unahlnioi unahlnioiopltrton iinalmlniotisopit4on
opltrton wrltton by Justice Hatch HatchParks hatchlarks
Parks was ann of five men associate associatewith associatedwIth
with Oerrlt Oer1 H Ton Broeck who In S StptIiu StptIiubet < spion spionl
l bet er 1807 entered Into an agreement wit witKllicrt Ii IiEIhiett
Kllicrt H bury ary and John W V Gates for forcombination a acotimbinat
combination cotimbinat lou of tlio t lie numeroUH Indeixrndei IndeixrndeicorpxirutlonM Indepcindetitcorpontttions
corpxirutlonM pitinufiicturlm wire nul nuland tiuhls tiuhlsan
and an vlre into a corporation Under th thagreement thute thutengu
agreement ngu iuiuwnt all the > profits whichon uvhfrhm on tho t Ito ItoPOSd pro proiwsoil
iwsoil capitalliatlon of J73noo000 for Hi Hitrust the thetrmtuut
trust were expected to lio JirionoMX wor worto wroto
to bo dfpcsllod with J J P Morgan A Co Cowho oct octwho
who were to act m a trustees and banker bankerfor bankersfar
for tho t Ii company which was to his collet colletthe callNlIto
the Ito American Steel and Wro Company
I I P Morgan t t Co 0 were to get oni1nfl oni1nflI half th thprofits the the1roflt
profits 1roflt 7iVX000 7rOOO Clary Iar and Oatenhalf Gates half th thbalnnw time timeuahnimci
balnnw 37SO000 nnd alit Ten Broeck und hi hinssooialeH hilts hiltsasscdates
nssooialeH onflslxtli each of th the romalndei romalndeior
or it 1625000 62iiOt each to U paid iiiIl in slock of th thnew tltiunw
new corporation corporationJ orrvratirsti
J P 1 Nlorgnn A A Co a Iwcntm ilisHallstlciwith ilisHallstlci hIftauiusficiuulili
with th lie < accountnntH1 reports and rcfuaet rcfuaetto
to I ci Miter r Into I ha plan t wlilnh uvi mint was abandoned abandonedIn
In IbOD isc ini nI H helped hunIpsdIuircrwrate incorioralcthe lie AiKri AiKriffin Auiricmlii
ffin Sled and Wire irt Company ompan rf lllinoi lllinoiwhich IlIlimoisthiIihi
which wa was later rtforKanlzcd Into the Atnfri Atnfricnn Amtcrhmu
cnn Steel andWIr1 Company of New Jersey Jerseywith TorseyvIh
with vIh Ii a capital of 8W000000 which Include IncludealmcKi inchumdcia
almcKi a I ititst all oh Ihe t he ninnufncttiring am nufact tunhuig concerns concernsParks concerpsParks
Parks then brought null agalnht Ontei Onteion ottes ottesoFt
on thin old afirrnmirnt tigrnoutii nt In I mm writing Ihi Ihiopinion I he heopluilrn
opinion Justice Hatch says that Parks hat hata hada
a right to go ahead wltli wit It thn t hit nbatulono nbatulonoplan
plan hun ii mid that t lint thf I lie trrtlmony I iit I many shows ci iowa hat t h hdid hue <
did d Id inak m such nn a a attempt a I I enipt but I lit it provet provetaljorlivi1 proe1 proe1abort
aljorlivi1 abort lvi iatrs llier t hinisfare fore had an feqlnill feqlnillgood eqiiiilhyr
good ° right to lake up the negotiations nni nniit ant antl
it r U l undisputed that Parks had nlK alsoluttely alsoluttelyItiteras > ltitl ltitlno
no inti Ititeras rc > or concern In th I lie incorixiratioi incorixiratioiof incotpnratioii incotpnratioiiif
of if th > AmPiican Steel and Win irtu otn ottiitiuy ottiitiuyhf an anof
of either llllnilH or New Ne NelltllETtsG Jersey JerseyIROTMTISf
IROTMTISf ITS 1T ttlRKS ttlRKSThr Ib ItI ItIlbii
Thr lbii Hrslern l lsl eri I nton KIptlnliiK tlnllroni tlnllronironipinlC hinhirondtottitttilCs
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WltJIINOiON Pl Jutio Ia lii liiStales the thetlilUfl
tlilUfl Stales Circuit tourl iiIri for the dittrlfi dittrlfiof ohit
of Dclawnrp today Judge Bradford he liestr r < l laizuiUent l lImi
Imi aizuiUent in thn 11111 iilt of the Wetftrr Wetftrrtnion sttn sttnttiioiu
tnion Telegraph Company ompany apinst aga Inst tr trPhllaclolphia the thePliihndouiphtia
Phllaclolphia Biltimoro and WnshinRtou WnshinRtoutho
tho hIm Delaware lavaue nnd th < > Dflawnro Mary Mnrylamt Maryha
lamt ha rid and in iti Virgin it nihoad ri itroad cimptnl c inuti to I > s an anaction it a aanion
action to rt rstraii trai i thft t lie railroad ooin ooininni eiinii
inni s fmm from rpinovliiR Ih I hi psls1 and and vlri > i iof i ior
of the i lie trlfgraph company froni tho ho rights rightsof a aof
of way wa of the railroad companIes eompanlWillard companIesWliianuh
Willard Salisbury for the lie teleqmph com company coinPit ¬
pany Pit ii p iit iitei J out it t thai t tlie t Ite conditions co until Iits in inriclawnre iiirmthA
riclawnre rmthA ware nre ii ii ilifTerent from thoe t in other otherS ot her herS
S nts where llinv I ICI have l Issit > ° eii similar suits suitshiC suitsII
II hiC hi i Johnfiou for ro r the t he riilroiid r i ii ion d companies companiestilgisstwl ci to tostuga
stuga tilgisstwl ite < l that lint there bi l a stay stti of ation ationuntil aiiniiuiiitii
until tlii Suprrine Court curt of the Cnittd CnittdStults Lnittultitts
Stults titts gives n drrlsion in the h lie New lei mitny mitnycas > ey eyas
cas as which l it < i imowhnt cimilar Decision Decisionp
ve p ies eenNl eenNlSttilsbitry rve < l lSitiJMbiiry
SitiJMbiiry obieoipd on the ground that thatthe thatt
the t lie infos arc dilTcronl dilTcronlloiiir dirertlasiuc
loiiir ot Dominion Iron I ron and a tmd Strrl Mt eel Mouiln MouilnMOSTRKAI lloulsMoyiri
MOSTRKAI June 10 After the mcetlni mcetlniof nmetingtho
of tbo ill thlicior reel or of the t he Dominion Iron and andSUMI andSttd
SUMI Company nihiiiuiy today one of tho lie directorMntfd director directorsstattiI
Mntfd that I an i iSilO 9im of 1r 1 00OnH > 1 t Pi r cen censcctind cent centoc
scctind oc tii mortgngi intirt go gi Ixmds is ttds had I IHPII I teni i decide decideTOffl
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idle I line 57 j China July hmi i iItnttkin i ilonckoni
lonckoni Uaru Maruticlt July 7i 7 Doric July JulyIor s shor
Ior freUhl fre ehi pweneer nml fli crnrral Information Informationpply informationapply
apply at 348 Urondway or I ttatlery Place V ash ashIi h hiilon
iilon Hide and 7 Broadwav N Y Illy Illy3LD Ii IiOLD
OLD DOMINION LINE LINEo
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SAILS JLTLY 2 AT II I I AM AMHAMIHUHSAMRWMAN AMI1tMflIttkMEtJt
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RED STAR LINE LINEM
M itu UlUK AVUVIIIP I tvvIhI PAULS PAULSFinland itihisrinianci
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SPECIAL TRIPS FOR FORJULY F3RJULY
JULY FOURTH FOURTHM
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