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The sun. [volume] (New York [N.Y.]) 1833-1916, December 25, 1903, Image 9

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Persistent link: https://chroniclingamerica.loc.gov/lccn/sn83030272/1903-12-25/ed-1/seq-9/

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< b M 1 OIi I t 11 > JX W1 N i II < r
I S 1 I ITHE V ri
THE SUN FRIDAY DECEMBER 25 1903 j i 1 J r I
mm VURTHOFBETllLEllEM ORTOFBETHEHEM OF BETHLEHEM PLANT PLANTMORE PLANTvonE PLANTV0RE
MORE FIGURES FIUREI AS TO THE TU OVER OVERVALUATION OVERIALUA OVERIALVATOV
VALUATION IALUA TI ALLEGATIONS ALLEGATIONSAccountant A ALLEGATIONSountat LJGATIONS LJGATIONSoatant
Accountant oatant ountat note on the Stand at Yrater Yraterdays ytf ytflal YesterdayI
days lal Shipbuilding Sltpbuldtl S1i1pbufldtn Hearing learlnurll HearIflJUt8I Jump li litb In InL InLIif
tb L LIif Amount AP Am nnt nt Spout 811t on Improvetnrni ImprovetnrniAft IrproVClnrntl IrproVClnrntlAtf
Aft Atf Afle r the Sale uy b sir HcnwanTim Hcnwan SenwabThe ennab ennabI
I Tim le condition cnditon of the Bethlehem Bthlehem Steel StccCompimr Stee SteelComttV
Compimr Complnv was wllnn again the subject 8ubJet of Inquiry Inquirythe inquir at attbe atthe
the hearing hCrnp In I the Shipbuilding tlt Shipbuiding case CeIt caeyter caeyterJay yostor yostorday r rrlay
day Alfred Alrd Rose Roe hood hea nccountant accoultant accouqtant of the tinAudit theAuiJ theAticilt
who made the InvestlRa InvestlRatlon
Audit AuiJ Company Compy Invtpa Invtpalon
then of the Uothlehom lothlehcr company cmpany for He Herolver HeIcr liehver
rolver lon Icr Smith Smih of the United Unied States Stutl Ship Shiphiiilding Rhlp1lldln Shipiiilldhng
hiiilding 1lldln Company was wa wa on the stand all al day dayThrough dayThrnuh dayThrough
Through Mr Hose Be Lawyer Untcrmyor Untcrmyorrepresenting Untermyorprotntol UntermynrnprentlUg
representing protntol tho complainants c mplalnnt8 is II h ceeklnf ceeklnfo
o prove thnt tho inventory Invontor of the Steel Steelrorapany Itel Itelrrrany Steelempafly
rorapany rrrany when It was sold Iold to Nixon am amOiA and andrr andJrisrhY
OiA rr JrisrhY 1r orby hy Cliiirlas Charl M Schwab wan Wl padded paddedand pade padeand paddedind
and that tho condition ondlton of the theoompany company Qomplny las lasprinc haRt laAtprnl haRtpring
princ prnl wannUch VolHuch thai U L It itcould could buvo blvo turne turneover tured turedoor turned turnedever <
over to tim ShipbuIlding Shipbuidng company cmpnny comphny mon monhan mor morehan
han hln the U50 350000 5OOcX It did turn tunlover over hlchwaA whlchwaRJust which hlchwaAu wai waijust
just u t tlio hio amount niount required requir to pay the inter interM interI
M I on MrSolwnbs lrShwabs bonds IwjndBTli bont bondsThe
The Tlt icsihscnjrouthls 1 Ithls point has blan an addeimiiortiinco added addedimportanco added4nipnrtancOleCaUROltlS
imiiortiinco 4nipnrtancOleCaUROltlS IxfcauBeit I ou It la tho tbolntenton th intention lnte tlonto to osl oslfor aRicror lt ltfor
for a I teparale eInrlte receiver rectver for that company companyrrossexaniinaUon compay compayrro companyrrosxaadnatIon
rrossexaniinaUon rro exan nlton of Mr Rouo ROlo yenterdu yenterdurhotved YCterlY YCterlYhow yteeduyhowed
rhotved how that I such ueI proceedings preeings would wOlld bi bifought be befou berilg
fought fou rilg ht both by tile le company eomplny and by Mr MrSchwab Mrohwnh fr frbwn
Schwab SchwabMr ohwnhMr bwn
Mr fr Rose R s yesterday y e8terliy etertl y went over a mass ol olfigures of offgures offlgflre
figures fgures Mr l Untermycr U terlycr brought brught out that thaifrom thatrrom thatfrom
from May flY 1 1901 111 to April Aprl 301002 30 10 1002 the Beth Bethehem Bth BthEhem BetheheH2
ehem Ehem company spent only 1163000 160 for ne neinstruction now nowontrlltlon newOn4rljjofl <
instruction ontrlltlon work while whie from rror May 1 lOffj lOffjo l0 l0o
o April pr 30 1803 190 during durmgtho the greater part par ol olwhleli or orIhlelllme oflillI
whleli Ihlelllme lillI time it WHS ml ownedby OIIby osviicdbytho tho Shipbidld ShipbidldaiR Shlpln Shiphuild1tgcflInP1flYi ld
aiR 1tgcflInP1flYi coinpanyi ImpaYi tho lie Steel SIl1 company comtJny expended expendecj expendr expended3thO
j 1 iLino II for that IJlt l purpose > urpo e Thecomplain Thecomplainnr fhO Jho cOlplaln cOlplalnII complain complainart
nr art havo Iavo avorrwl avorrf in tho papers filed fl that thati thataf thataIrr
II i ii > ii IntIpapol < ui el i iiy
the Stool
af aIrr r tho ocqlllt acquiNitlon n of company companyt11e
iy V lie tb ShipbulldlriK hlpbldl company rmpany it spent tpeut prac pracically lracicahty
ically all its Is tt eamlngH In II improvements at atnart 18 18uart uaart
111 n1
nart art nf ciIit > Ir u I deliberate delborate enrnpH plan of ilr 1 Schwab and andbn andhi
bn 11 hi directors directorsIn rlrtctor rlrtctorIn dtrectoriii
In August AIRust September and October of thh thhpir thll thiRpnr
> pir lr the months monthl lmnudlately Imnldlatel following folowing the theollapse theojap theoflapo
ollapse e of th thu ShipbulldinR Shlphldln company Mr MrIfoe lr I Ilo Iito
ojap
Ifoe lo ito f testified lllfed < l thnt there thr worn ero net earnlngt earnlngtof ornlngl ornlnglof
of f S4l1n256rt 410250 nud that of thin thl tlSOOO 518O was watppnt waspent waspem1t
pent for an increase Incra80 to the plant and S16 310 316iii I
000 I in the I tl hf purrhaso l1rha o of stoclw It ocltt and bonds bondsOf bondAo bondHof
Of o the latter Inlr amount S313 313035 5 was Wa wa set aside asideo IHlde 1
o buy stock tok of tho Jurugua JUrjUIL Iron Company Companyof I Iof Iofuha
of ofuha ofuhaFrom Cuba CubaFrom uha I IFrom
From 1tily Jil 311013 3I1Jr 31 1tJ2 the date of the pur purhnsi plr plrhn I Ihnse
hnsi hn c of the company Cmln to Oct 31 of this thisrear thl thisscar
rear Mr 11 hIQ1e roo l fniu FAi aiI thorn was wal an increase increaseIn Incre1 I IIn Iin
TO
In current assets nltRof of f8230 LS84 884230 and an increafi increafin Inclafe Inclafein
in > n the Ip innnufaxiturtHl Inlnuflwtun1 product of 5135074 1358074 1358074In I
In this thi eamo period crlod tho tht company expended expendedfSti17l eXlended eXlendedIIH6 eqendedt1476
fSti17l IIH6 for plant and Inll construction constlton and re reduced re retucll retiticed ¬
duced tucll its iH It debt by b 5537167 5537167Whfn 537567 537567When 537567When
When Whfn thn Ihl h witness wiue s was turned tured over t tMr to toIr toMr
Mr Ir puthrio for cropsexamination crOxmlnaton he hetestified hoe hetpsttfled
testified e tlfed uirie that he had been ben engaged as itr itrXpert II IIxprl anxprt
Xpert in this city ctyfor for twolve yours year that thainn thatI
nn xprl had onco onc examined exmined tho Cramps CnunpI one onethat ad adthil and andthat
I
that thil in the th wuy U of stool st1 companies he had hacnxaminrd hadIxnmlnld haduxamined
nxaminrd Ixnmlnld the different dllernt plants that wen wenurned wer wereurrud
I
urned urId into tli the American Americn Steel and Wire WireCompany Wir Wireomparmy
Company ompII omparmy I IIr
Mr Ir Rose admitted that there therowasa was W a diver diverRpnce dherEnc divergenee
Rpnce of opinion among business hUllnM men Jcna as tc tctho t to tothe
tho Enc way of wiking nicking an inventor and thu thuled thll tlisled
led to a 1 general Renerl dBciwsicn dilcllcn of tho tio policy polcv 61 61tnventortni or orjnntrln ofinseritoririg
tnventortni jnntrln finished fnlhepoo goods on hand at thel thelnmnufuctured tlel their theirmanufactured
manufactured lanufucured cost or on their murkrt value valueMr valueMr llue llueIr
Mr Ir Itose Ho stoutly t utly disputed dlllute thin thl with Mr MrOutline MrGutliri i
Outline Cuthr and the thl whole who I crotwnxamlnation crotwnxamlnationinvolving crOoxnmlnaton crOoxnmlnatonInolVnp crossexaminationinvolving
involving InolVnp virtually vlrtlul as it did the defence o othe or orthe ofthe
the company cmpany turned on onthlt this point pointMr point11r pointMr
Mr 11r Rose Re saidit was WI dangerous to esti estimate ct estimate
mate profit prCfo in advance ld mnce and td pointed pointe ou outhat out outthat outthat
that the th Bethlehem thlohel company c mpany subsequently subsequentljchanged Aubseuently Aubseuentlychange subsequentlychanged
changed change its 1t poUoy in this thl respect rpet for i ifar a afa afar
far fa more conservative one Mr Guthrie GuthrUwanted GuthrieWtt Outhrlewanted
wanted to t know how Mr Ir Hose I I as 18 an expert expertwould eJpert expertwould
would Wtt have flse4 fxe in aninventory anlnveltor an a alnh alnhprouc finishec finishecproduct finished finishedproduct I
product twhoie wl08 manufactured Ilufacturld imm cost was WI
prouc 1000000 100 but whose whoe market value waf2ooo0p was WI wasj2000000
j2000000 2ooo0p > Mr M Rose Ro said at cost costIf ct ctI costit
If I tho fact was wn8 inquired lqulr Mr fr Guthrie Guthrief Guthrietbat luthrierthat
f rOO rthat that tbat on a Government Governent contract contract the Govern Governmeii Goven GovenmeQt Governmeit
meii had made payments of o of3OOOmQor rSo0 300000or or MOO 50 400 400E0on
000 0 E0on on finished Inlshe products pymcnt prouct would you ou include includethese includethe Includetheee
these the payments payent nt lt the amount billed lir in the theinventory theinventrv theinventory
inventory inventrv inventrvThcr
There was Wi no nQ n evidence mldenc that the Govern Government Government Governmeat ¬
ment had hd accepted the contract I dont donlthink dontthink dontthink
think that tlat the Government Goerment accepts accpt part of orcontrct c ccontract a acontract
contract contrct was Wi Mr Roses RBe8 reply replyThe rpl rplTheprolng replyThe
The Theprolng proceedings were then adjourned adjourneduntil adjourne adjourneduntil
until unt Jan Jn 3when 5 when Mr Roso Ro will wi take thestand the thestand thot
stand t nc1 airain airainMr a amainMr aln alnIr
Mr Ir Schwab Shwab S hwab had a I long talk with Max MaxPam MaxPam MaxPam
Pam at the beginning hglnllng ofyesterdays of YCordays testi testimony tet teetimopy ¬
mony monv and then hurried huried away Mr r Pam Paniremained Pamreni Pamremained
remained reni ln Several Serl weeks wek ago Mr 1lrPi Pam Pomobtained1 Pamobtoine
obtained1 obtine permission prilon to t go to t Chicago and andremain andreman andremain
remain reman away several Byoml weeks weks but he didnt didnlBO didntg didntgo
BO g goCOXDITION
rovjwriw OF STATE flANKS BAKSIncrease DANKSnrraS8 flANKSJncree
Increase nrraS8 In nwonrces nlonretI Deposits Utpsll and I ISurplus In InSiplW InSurplus
Surplus SiplW and ad Undivided tndhdtd Profits ProfitsALBANT Pont PontLN ProfltsAta
ALBANT Ata LN Dec De 24 248upt Supt F D Kilbur Kilburof Ejiburnof
of the te State Stte Banking Department Deparment toda todacompleted tday tdaycmplete today todaycompleted
completed cmplete the tabulation tbuiton of the quarter quarterreport qUrtrly qUrtrlyreprt quarterly quarterlyreports
report reprt of State Stte discount dlcount banks as I of f Dec
8 In comparison with wih the showing made madby madeby madeby
by these thls cmpn banks ban on Aug 25 last lt The Te figure figureIndicate fgr figureeindicate
Indicate Indicte an increase in Jse rcase of something someting over
14000000 100 In InrEources resources an increase Incrp in de deposits depitl doposits ¬
posits of about 10000000 1000 and an increase IncrcnwIn increal
In pitl surplus 8urplu and undhlde undivided profits prolt of nearlva nearly nearlya nearla
lows a million mlon dollars doUar The To tabulation tbulatonIR is B as al fof foflows rol rollows fo fo10w8
LIABILITIBS LIABILITIBSCtpltM LIBILmB Xa XaCapital
Capital Capl W4M70C W4M70CSurplus Z 244937O0surpmui
Surplus fund tud fundundnlded 2347istx 2347istxUndivided 475IM 475IMUnd1df
Srlu
Undivided proflMi prnL proCts ilZ2 lmm lmmnue 11225726 11225726Tu 726 726Doe
Doe Und1df Tu depositors JO 2Ob7G70 2Ob7G70nue Ob79G70 Ob79G70ue I79C70 I79C70nne
nne ue tru depltor trust compnntM omplnle and banks 8223tS3l 8223tS3lDue 8211 82251531flue
Due Having tanks bnl 16051428 16051428Due 166142 15651429De
Due De State Siae Treasurer Treaur I00t844 I00t844Other 16 lOGM844Other SH SHOlher
Other IlsbllltlM Uablte 433018 433018Add 4301 4301Add 433015Add
Add for torcen1 or cents 303 303Total 32 32Tota 302Total
Total Tota t00 3
uaorniceaLoin uaornicea BZOuCBS BZOuCBSLaM aov1mcRLIoir
Loin LaM and discount discountUablMtrof cloounU 2t 1 0507S4 673
UablMtrof Uabllty uaIjat 01 directors dlrLor u makers mikeraOrerdrafts maer 8071003 80710031W60U 5671903Ocfflraft 0710
Orerdrafts OrerdraftsDue 1W60U 1W60U33lh0bNl lWr llOhOuflue
Oenral
Due from trust trt companlei compale and ad banks banksReal banksReal 33lh0bNl 33lh0bNl120MB27 S31N
Real lenl tviiMi tviiMiMortmrt flle 120MB27 10 12020927Iortiaie 27 27lortsal
Mortmrt lortsal owned ownedStocks own d 4013673 401367 4013572Storks
Stocks and bonds bondsSpecie bon 231134740 231134740S35I44S7 2I 23m434740SNlC HO HO5Ile
Specie < S Sreal S35I44S7 S35I44S7180I374S 22544437Teral HU7 HU71Ial
5Ile 1Ial Teral real tenders t nders and tank notes notesCt nole 180I374S 180I374SS96l 18013745CaIi S07J5c
Ct c CaIi u ltej Iteja s i iOther S96l 361 39619570 39619570Other H7fl H7fl48SI4 70 70Oher
lel1
Other Oher aweUs e i iAdd 48SI4 bb91 545314Add
Add dd tor or cent cet1 cet1Tlal 603 602Stock
Tlal 1383080 S 003 003ock 31 31Mock
Mock ock Exchanice Exelaole Seat St et at SUJ5OO SUJ5OOA S50
A Stock Siok Exchange Exchnge seat sot waa sold yester yesterday4 y yesterdajor ter terdy ¬
day4 dy dajor for 07000 7C an advance advanc of t7soo 75 7500 on the thelust theIt thelast
lust It sale and of J17SOO 150 over the low 101 record recordprice ror recordprice
price of the summer Harriott V Moore Moorebought Mor Moorebought
bought prC bught the neat Hlat from rrm Egbert E brt Mills MUI The Theprice Thepric Theprice
price pric of mf seats has hi rallied mie with wih the market marketlltislncfi mlket mlketUllnls marketUusInei
lltislncfi Ullnls Troubles TroublesTho Tonbl TonblThe TronbleThe
The Kitohell Iitohpl Millinery lllnory Company dealers dealersm
m o n millinery mltntr at 2KJ Third avenue aVlnue has made maden
in n assignment ssr tent to Jacob llcob D DGoodhRrt DGoodhRrtJurlt Goodhart GoodhartJucliro GoodhartJudo
Judo Jurlt fitzgerald Yltllcrolt of tho Supremo SIrrero Court Courthis Courthi Courthas
his hi appointed James II Hughes Iuihcs of Dover Dovprl DoverDf1
1 Df1 > 1 l permanent Ilerinlncnt receiver rccohrr of tho assets a8ets In Intills InHtltn Intw
tills tw Stntn Htltn of the tll International Intorntlotol flank Innk and andTruft an anTruFtCumpny arni1iist
Truft TruFtCumpny Company of Aincrlm AIrlcu which hud IILd an anoflly In Inonl anCal
oflly Cal at 84 1 Wiill Wil Htreet Hlrlt Mr Ir Hushes Illhts wns wnsappointed WIS WISsfllnte wacappointed
appointed temporary receiver rellwr on Oct 10 10Marry 10Inr 10larry
sfllnte Marry Inr Oyerliurlon Oerln tprrown lon lawyer ITlr of 2604 SOI Third ThirdVinuo lhlrdnue I Inul
Vinuo nul nue who has h been hln u I larifu lart real r11 estnle estnleoinriitor Eslnt Eslntorllor estlIte0irutor
oinriitor In The Bronx ron for many Inn yearn Ytnl IIIIH IIIIHSi bnl hitsa I
Si orllor u iiptitlon In bankrunloy bllkrunlc with 1lth lliibilltion lliibilltionH4ii27 Ilhiltlls Iiibilitirs31i427
H4ii27 4127 Vftiton anti Ind iiRsots IIS ItS nominal Hit 111 life 111 I Is In Innrd int iniirtI
< nrd t J for JlftiKio nnil ni one 01 or or tlie tll th pollclitt Ilch lor lorlfKHi lorrfll icrWAI
lfKHi rfll WAI U tilrdBMl IIMI t5IO for 11 11011 loan of llajo S I 3J1 of If the theilillltles IhejJbllli I he heIbilitIt
ilillltles SSS40 S > SV > 0 nr ffl sectinvl sCUr by b bond and andmrt nndortJII andlortgi
jJbllli
> mrt lortgi iisp Tho ho unsecured uns clrld llabllltleg lablltl1 llabi IItIts urn urnfiniirjimlly tirenrJtIiIfliIl r rrtfpal
finiirjimlly ortJII for borrowed borrow I money 10n the lnrie Inrllt largest largestcm t tci
rtfpal
ci ilitor behiK Thounts hOU1tA Overlninon Iwooo IwoooMlTt 5000J O
clliorA MlTt 11rt J hhu Iliiinbreclit Illbrecht S3I 3pOO and In < Henry A Allirlhilt AI AII I
llirlhilt I II olhlt trUmuit SliiDO SliiDOMiinltV 1 Ml 5 5S1imiIs
MiinltV SIII I II Ii ii O t Wnlpole Wulrol ulpoie of t Tnlon Square Squnrofllod SQulre SQulreI SquareItit
I Itit > mod M I petition petltol in II bankruptcy hlnkrurtl with lla llaHlllcR 11 liii1i111ts
1lil HlllcR f iss 8 to twentytwo twtnttwo creditors rrfntor con conct cn conIII
1 ct lI cl In I hlinlru InIMd In I Ii0N OM and no assets assetsAcrcdjtorapetition M atetsA tS tSA
Acrcdjtorapetition A r hlnlrl In linnkrtiptcy hnnkrlpt Ims 111 Imabeen ImabeenI been beenM b n ntJ
tJ M I Iit1 Jditrsppttonll HitiliiKt RlalHt U ga lust Isidont IAldol I klo ri MnKld lnlll wholesale whollshcllr whollshcllrn dealer dealern
n 1 jeMvlry iewlr 1 lt itt t 4IA Ij llroadwny Iroluy Liabilities LiabilitiesDKCLA 1lablt IlabIiItIesill
ill 11lJ 1lJ fIffiN IJ DKCLA nl iAltTW RATIOS RATIOSmtiantr IMTIASna7tI4nd S SrnlJOI
mtiantr na7tI4nd and d trrin trrinHed Itti termI t rck Anil nl Payable Payablelire povobltId payablelmi
Hed Id rnlJOI State siat Moil MoitEace MoitEacejd Iortlal 1tiilagehad
ll had jd Trust Trustiifhlneton tru rul lire le31 le31hlollbn 31 31a
a iifhlneton hlollbn Tnuu Tru nuartelly nuar qUArIh tiar tiarirb
telly tellylovdand 3 Jan J 2 2Ih 2Clacintiall
lovdand Ih d Clnclruiatl ClnclruiatlCalcato Clnelral ClacintiallCatrago
Calcato Ciicaro < and StLoul StLoulquint 2tLouiquanerl t Loul Louluaner
quint quanerl uaner rly pfd H I4 Ja Jo 201 201J 20
4 i 1
J
GOSSIP OF WALL W ALJ STREET STREETThere STREE STREEThere STREETThere
There was as a good deal of grumbling Iumbln yeater yeaterday yeaterda yesterday
day da IllOnl ilmncni mon the ROo older oldlr members mrbcrs of the Bloc BlocKxehnnta BtockJxchnnlo StockExchnno
Kxehnnta Jxchnnlo because becauBt limo banj was TII broughtn broughtnat on onnt
at It 12 1 oclock puttinv putnl un 11 i tnI nil to serious busl busness buslOlst buslness
ness Olst Just when the nuirkct lrlwt was IIIS at Its Il benwith ben hlal hlalwith btstwith
with a fair prospect of further Improvement Improvemcnbefore Improvmcnl Improvmcnlbtfore Improvementbefore
before btfore the close closeBrokers cIoe1Iroker
cosc coscBroker
Brokers have been heln beenmamich much Ilch encouraged encounll thl thli I tlIa tlIaaeek II
week i by the Increased activity IIctlvlhor of bends nni nnililsh antI IIntlhlRh antIhIh
lilsh grade stocks A previous Improvemtn Improvemtnin
in thin tli1 clnss of securities was marked b bmoro 11more by byflora
moro or leSsinanlpulatlon ccnducUxl iippar iipparently upper upperelIU miplitireritly
ently elIU with n view tocrpntlnv to Ihe he nppcnran nppcnranof appearanttiof
of im investment Jeinnnli IINnnn but tilt the moro rrcen rrcennctlvlty rlCIntIcIIII recintactivity
activity IcIIII referred to HUH Hu been genuine ohstr ohstrvens ohserPM obserlers
vens of It declare und Indwhlleo while It is due largely largelyno Inrlelno
no doubt to1 10 tho reinvestment of yearcm yearcmInterest yearend yearendintereat Iarcnd IarcndIntlrlst
Interest and dividend disbursements i iood n nflood acoed
flood ood deal of eneotiriKement Is novertheles noverthelesderived lJolrlhelpsltllrhed anverthelessderired
derived from tho d relopnienl of so dis discriminative discrlmillatie d1 d1crIminatle
criminative a buying Interest IntereslThere InterestIhere l llherl1
There was nslltlll still nn active borrowing dctmini dctminiyesterdiiy demundsterlhl demnamidytstermltmy
yesterdiiy afternoon for Sleel preferred preferredIt
It loined in 3 > j per cent The Inquiry fo foIcnimylvanln for forPennsylvonlR forienrmsulvanla
Icnimylvanln was va nbout the wine as It had haibeen hlldhlcn hadbeen
been The Rcneml demand for stocks WH WHnornial wits witsimoriumal IIS IISnormal
nornialLondon normal normalJondon imoriumalLOfllOfl
London hounen were wereconspicuotmK conspicuous seller sellerof sellersi
of Union Inclflo and Southern Pacific The Thesold fhlold They Theysold
sold through the Inlcrmtlonnl list perhnp
30000 shares on balance balanceA bnlllncA
A trader who ho was very bearish on flock RoelInland RoekIslanr flockIsland
Inland on Monday lIlonlhl assIgned III s his principal prlncipureason principalreason
reason for being so o the fact that the company oompsnproposed IOmplln11ropocd companyPr0poed
proposed to bring out on Issue of oU2 IJSOooooo1 IJSOooooo1mortgaua 250000000mortgage OOOOOOO
mortgage bonds On Wednesday after i ireport a areport ameport
report that tho bond plnn had been uban ubantloneti uhandontd ubaniloned
tloneti this thl trailer tr tIlr was 115 still bearish on the thistock tho8tok thestork
stock more so thnn before and when asked nskecagain n askedagain ked kedagain
again for his reasons he said atd Im hearts heartson bearishon h hon
on tho stock of any company that thatcant cant sel selbonds sell sellbonds
bonds Such Is traders tr ldlrs logic logicThe 101C1eTht logicThe
The reaction that occurred red In the late trad tradlog tradInll tradlog
log yesterdiiy IAlerdu was not unexpected BesIdes Besldeithe Blsldelltbe BesIdesthe
the profit r rollt tithing by b traders who ho were un unwilling unwlllhu enwilling
willing to curry Iur stocks over the holiday holidaythere hollda holldatbere holidaythieve
there was short selling by other trailer trailerwho trlldersho tradersitio
who ho felt that they the > wanted to be short shopover shortorr shortover
over tho holidayon holldn on the chiinco chlln O of something somcthliubearish Ilomethhubearlh somethingbearish
bearish coming to rasa us8 In the Interim It I Ia It ItII Isa
a saying among traders thnt anything IIn thJnt un unexpected unuPlcled enxpcted
expected that happens during a holiday hollrlll li limore III IIImoro Ismorn
more likely IIkll to bn bearish thun bullish and i ifood a agood I
food many IIIlln of them make ft practice of ofshort ntshort nt IIishort
short on any little bulgethat beige that may ma c cthe i itime
the eve of a market hiatus E Eseems Fems c cseems <
seems ems to show that for small specuiive peCUl ve re returim retllrns Toturns
turns the theory holds good I ood nbout three threetimes thrletimeR threetimes
times out of five There Is said to be a com commission 10111mls cootmission ¬
mission mls lon house that went into business with withplan a aplaum
plan to sell out all of the long stocks In Its IUoffice Itsomoo itsomee
office every or Saturday and take them back backon backon backon
on Monday Iondn and tho results are believed to tchavo tohave I
have been b bei I1I n rather profitable It is also a atheory a aIheory atheory
theory that If the market opens up on Mon Monday lIonda Mooday ¬
day da morning It Is a sale for a small turn turnThat
That seems to hold good about three times In Inlive inlIve
live liveWlL88erman
Wasaermon bid up upTenumessee Tennessee Coal and Iron IronThe IronThe IronThe
The advance of United States Realty was wnisaid waalLl wasaald
said lLl to be at tho expense of an old short In Interest InA interest
terest terestA
A lower range of quotations from London Lonclorwns Londonwits
wits generally ignored on the tlie tie opening of this thUmarket thismarket i
market ns was also the subsequent selllnt selllntby 811I1nahy selliimgby
by London houses who put out stocks rather ratheifreely ratherCrlI ratherfreely
freely CrlI all around the room The stocks that thuishowed thatshowed thatshowed
showed the greatest strength were those It Itwhich itt 111which ittwhIch
which there Is supposed to bo a political In Interent IIItere interest
terent tere t notably tho local franchise stocks am amSugar and nndSUiur andSugar
Sugar Brooklyn Rapid Transit was o grea greafavorite great ireatrlorlte greatfavorite
favorite In the room The price now pre predieted prJi prJirlletld predletCd
dieted for It before the first of the yenr It ItDO Is
00 The prediction of 200 for Consolidated Consolidateddas
das 1ms lia not been changed The buying 01 01Sugar or orSugar ofSugar
Sugar another stock sl Jck < for which the roon roontrading roo roonumtrading III IIItrailing
trading element conceived a strong bullish bulllslfancy bullishCancwns bullishfancy
fancy Cancwns was the strongest that bus been seen seeislnco seenslnco seeumsinco
slnco u previous movement culminated at atUS
125 Harris Gates A Co Roberta Cahn k Co CoElllngtrood CoEllingwood CoEiiingwood
Elllngtrood A Cunningham and Pearl A Co Cotook Colook Cotook
took stock freely on the advance It Is pre predicted preclloted ¬ I IdIeted
dIeted that on this swing the stock I will reachiss reach I I18S
iss Sugar li I a stock stockthat that usually moves In Inwings Ina Inswings
wings a lngs of ord at 8 least 10 1Opotte 1OpottelpecIa1iets points pointsSpecialists potltepeclallst
Specialists were again reported d to be bid biddlrig bIddhllr biddiftg
dlrig up various stocks some of them on In Inside Inside Inaide
side orders It was said and others In antlcl antlclpatlon anticipation anticlpation
pation of a further Investment demand demandIt
It was supposed that certain specialties speclaltlewere specialtieswere I Iwere
were being advanced to Improve the looks lookof looksof i
of annual onnualstlltements statements statementsThomas atmitcmnontsThomas
I
I Ihis
Thomas W Lawson of Boston hall notified notifiedhis notifiedhis
his followers In a somewhat abrupt maniiethat manlier manlierthat mannerthat
that he his decided to discontinue expressing expressinihis
his opinions In print hence no more of those thosweird thoseelrd thoseweird
weird elrd circulars and also that the Lawson Lawsoicalendar LawlOncalendur Lawsoncalendar
calendar will 111 not be Issued this year ear or li liyo In InYQ Inyttrs
yo yttrs > irs to come He asks that the bronze bronzeframe bronzerraDle bronzetrauma
frame of the old calendar bn kept until hi hiprediction hIs hIsprediction hisprediction
prediction of 130 for Amalgamated Copper Coppeicomes COr CopperconIes > r er ercomel
comes true A part of this bronze frame framework rrumeork fraunework
work ork is I n reproduction of the tape tar > e on which whlclSteel whichSteel whichSteel
Steel common Is I quoted at 13 and Amalga Amalgamated Arimalgamated lIIalllImated ¬
mated at ISO I O Ills prediction on Steel com common COllimon coumimon ¬
mon caused a good I00 deal of amazement IImal lIIelit when whenIt
It first appeared lIr > pelired It In understood that Mr MrLnwson tlrJAwson MrLawson
Lawson discontinues his circulars calendar calendarand 1J calenittarand Iinrlnr IinrlnrBnd
and other literary efforts In deference t tIntimations to toInthnlltlon toIntluntttions <
Intimations made to him by b the Boston Stock StoclExchange fHocklxchtnl Stockxchaumge
Exchange ExchangeAmalgamated lxchtnlmullnmntld xchaumgeAmalgamated
Amalgamated Copper made a new hieli hieliprice hlebprice tijgbprice
price yesterday for this movement at 40J 40JIt 403g 403git < oj ojIt
It had previously prevlou h sold at HOW 49 Flower A Co Cowere Cowere Cowere
were large buyers during dllrln the forenoon forenoonBrokers forenoonBrokelB forenoonBrokers
Brokers were of two opinions as s to whether whetheryesterdays whethEryellterduy whetheryesterdays
yesterdays buying was better than the sell selling sellbIg Ill IllInlr ¬
bIg The room room crowd was ns Inclined to feel feelrather reelmthlr feelrather
rather bullish on th the stock and IIn was 88 disap disappointed dIBIlrpolntd disappointil > ¬
pointed when hea It reacted In the late trading tradingto
to a close at I8 Mi where It showed a net lI < t gain gainfor ealnfor gainfor
for the day tin of only o per cent centReports ccntReporls centReports
Reports from the principal > al Southern cities citiesrecall citiesrecall citiesrecall
recall rather vividly vIldl the public craze for forspeculation forspeculation forspeculation
speculation tied attended the great bull bullmovement bullmove btmllmovement
move movement lcnt In the stock market Brokers Brokerswho Brokersho Brokerswho
who ho are on the scene of the wild Southern Southernspeculation HouthErnspecullLtlon SouthernspeculatIon
speculation in cotton write that the condi conditions conclltiOU8 contlitiotis ¬
tions have got beyond control that there Is Isnothing IsIlothlnl isnothIng
nothing to he done now but to await the out outcome outcome outcome ¬
come Special trains aro required to carry carryLhe carr carrthe carrytime
the speculators from tho country coulllr districts districtsind Ilistricitland districtsand
and the smaller towns to the cities where wheretrading whomatrading hI hItradlnll
trading facilities are to be b found lp 11 to tothis tlthIs tothml
thml this point everybody has III been making money moneybecause 11011 11011because zmiommtbecause >
because cotton has been going only onl one way wuyThe Ill IllThe wayThe
The same was true of the stock market while whiletho whllthe whileho
the bull movement lasted It Is aid by bypersons b bpersonll bypersomle
persons who know that the Wall Street specu specuation IIpeculatlon speculatiomi
ation In cotton extensive as It is cannot be becompared becomparld becompared
compared with that of the South whero wherojvorybody wherotJoubod whereeverybody
everybody from the leading merchants down downto
to to bootblacks appears to have contracted contractedthe
the mania The Wall Street Interest In the thestaple theItaplo thestaple
staple Is perhaps > 8 the largest that has over overeen mrbeen overbeen
been een known In one of tho big uptown hotels hotelsirhere hotelswherl hotelswhere
where the bull leaders of the stock market marketised mllretused marketused
used to foregather tho cotton bulls now hold holdTorth boldforth holdforth
forth waited upon as formerly fonner the stock stockmarket stockmarket stockmarket
market lenders were by b a multitude of small smallirailers 811011trnders sumialltraders
traders irailers who feed upon lIr > on the ttmerumbsofIuifonumii ttmerumbsofIuifonumiition crumbs of infonnu infonnulon Illfonlllltlon
tlon lon that fall to them The 1hplIIRn man who Isrecou Isrecouilzcd I is reloa reloanlzed recoinied
ilzcd as the leader of tho hull forces here hereian herohus imenmuIimt
hus Iimt ian been holding h levees le ut night uptown uptownllspenflng ultondlsp ulmtowmmtiispitInc
llspenflng dlsp n lnl to the favored few Information Informationjf
of jf his Intentions He 11 promised I > to put cotton cottono 011 111 111to <
to o 14 cents before Christmas s and he did dlrllt dlrlltIt It ItIt ItIt
It Is understood that tho various bucket buckethop hucktAhop Imueketshop
hop combinations have been badly hurt hurtti hurtIn hurt1mm
In ti cotton On Olle Hotton hloct cml combination eonmbitmzmt lout whlih whlihs
Is s supposed RUr > IIOIItI to I is H > tin strongest In the business businessiud bURlnt bURlntlIu1 businessmind
iud which does a great deal of buslucrts In Inhe Inth Inthe
th the he South Is it said aid to have iavc lost lo t IM ii cotton prime pracIcully T primeticali roc roctJIII
tJIII Icully > ult of the money lIIonl It made on the bear bearnoveinenl bearnnovenmienlt
noveinenl In stocks There aro a great greatnany irulltman greatrunny
runny man bucket shops > In tho South where as asn 1IiIn asin
In n eomo other sections of tho country countryIn COUlltlthlJ countrythe
the In speculative public seems seeim to maku makuo mnkonodlHllnctlolI mnkno
nodlHllnctlolI no o distinction between that manner rfianner of III Intitution IIIMtltllllon Iiistittitlon
titution und a reiruhirly constituted broker hrokprIKO brokera brolmeragm
IKO a N establishment Wall Street observers observersirn
ore irn now considering the possibility r 011I11II of a ijen ijenral gmmloral 11 11ral
oral ral laying down turning thn tim bucket shops Rhol RholIn slmnisin
In 1 tho I lie South SouthThe SOllthThl Homit Ii Iirime
The speculation in cotton and coffee has hasrested hUAII hascreateil
rested 11 brisk hll k dcmnnd for neml mnemumberslmips mnemumberslmipscml > > erships ershipsin >
011 in Ihe Cotton 011011 and Coffe exchanges Wall Walltree Vimliitreml
tilret tree commission houses lIolI that have had hadotton holollnn hadCOttIfl
COttIfl otton Exchange l seals enIs nl for years CRrll have been beenvttlni h beengetting n nJrIttlna
getting vttlni bids a by h telephone til phono nnd offer orr by mall mallor
for or thulr membership
FROLICS FROL1 FOR STOCK BROKERinn BROKER BROKERSlIif BROkERS BROkERSlift
inn EXCHANGE nil ITS or orCAKEWALKINd OWAf OWN OWNYAICIhlt
CAKEWALKINd CAKEWALKINdLittle YAICIhlt Af I II t 111 111Little LICINJLIttle
Little KxchanRR xehan Imporlnl PedestrIan PeilmtrlaTalont PrdtwtrlanTalent PedestrIanTalent
Talent and amid Has hauler llnthrrThau Immer ImmerTlmaim atr > < i
Thau Ho HlR fli NclRlihor tllhhorIILIII turn In II th thiallrrtrs thlItries ti1t ti1talIer1es
iallrrtrs lItries of the New es Stock Kvchtnsi KvchtnsiTho ExehaneIho < I ITho
Tho annual ullnulLlnllth night before Christmas Christnu1 troll trollof froiioof I
of the IhonlCmbers members of tho Now ow York orl < Stock StoclKxchutigo StockExchunge StockExclmango
Kxchutigo took plAce yesterday afternoon itfturnooiThero ufllrnoonnwro afternoonflmero
Thero Imvo been more frolicHomo frolics frollciAlthough rrollclAlthough frolicsAlthougim
Although tho celebration was tie first c ctho or ortho ofthe
tho kind to take plnoo plar In tho now building bulldlntand bulldillgam buildingand
and am although tho Ito Seventh Keglment Ban Bandid Band Banddid Bandiid
did Its best to inspire tho bullfi und the beat beatthere bears bearBthoro bearsthere
there was something lacking of zest zestTho zestThu
Tho public however hnd got the notlotliut notion riot ion ionthat
that thoro were going to lie great doing doingand do doingsmmnd inKS inKSIInd
and tho galleries were crowded In tlv tlvpublic the thopubllo thepublic
public gallery the onlookers were packed packoin packooin
in lIke nardines in a box and a fine lot c cmillinery or ormilllllC ofmillIniemy
millinery milllllC got most fearfully ollrfull orumplocBy crumpled crumpledBy
By 230 oclock it was imixuMtlblo for any anybody anybody anybody
body to get either In or out of that gallerj gallerjand gulleryIInd gimlieryand
and all tho visitors wailed for tho Ito end c cthe of oftho oftime
the el 8howalthough 810W low although few besides those lean leanIng leanIlIg leanlog
log over the gallery mil could sac whawas what whotWUII whatwas
was going on Oh on the floor of tho exchange exchangeTho exchangeThe oxolmungeThe
The band canoe in at noon and took It Itplace its 118placo itslllaco
place on the platform along the IJroa IJroastreet Broad llroad8trt Broadstreet
street front The Ih board room roo III was hun hunwith hung hungwitb hungwith
with Christmas greens and holly BO ar airanged arrnngld arranged
ranged that to those looking down from froitho from fromthe fromtIme
the galleries it soenlud as if little canople canopleof CUllopllsof
of green hud been erected at each of th thfour time thnfoul timefour
four corners of tho board room with littl littlgreen little IIttlognCn littlegrecus
green pagodas III between tho canopies canopieand eanopielaud canopiestimid
and along the four Bides of the room roomThe roomThe rnomulThe
The real fun Ixjgan bc an when three new mem members membel mom momhers
hers Xowton olton L T Stout William SI I Vane Vaneand Vanceammd anre anreand
and John L hiker Id tl were fre initiated A Ausual AI AItlillIal Asusual
usual Charles Knoblauch und Munso MunsoMorriw MunonIlorriK MunsonMorris
Morris wcro wero the loaders in the initiatloi initiatloiceremonies Initintiollccremonlt lnitiatlomiceremonies
ceremonies Tho neophytes nlOllhYle wero emO tmttei tmtteiami hutttllalld buttedamid
amid pummelled pummcnfand and knocked about nftethe after afterIho afterthe
the tashlon historic in the Stock Ex Exchange Exchuulte Exchange
change and when It was over the bam bamplayed blilldplllyed lmmtumdplayed
played Ill Never Oo There Any More MoreBy MoreBy MoreBy
By way wdr wit > of reminding members mnemmibertmof of th thStock tIme thoStock tImeStock
Stock Exchange that tho really reall good thing thingKolng thlnltRolng timingsgoimmg
Kolng worn erc further downtown where th thcotton till tillotton timototton
cotton pit won lU4 Ui bcothing the band played playedI
I W Vb iidm < < h I Was in thn land of Cotton A Athe AI AIthe Asthe
the gong hounded tho hour at the cloto clo e o obuslnens or orhUNlnlhB ofbusiness
business it played the Star Spangled SpangtaBanner SpangledThll1nlr SpangledBanner
Banner in which whl h many man v of the tllehrokell tllehrokelljOllllli broken brokenjoined brokersjoined
joined with ithm their Hinging voices voicesThen volCfllilhen voicesilion
Then there was time annual Christinaiwalk Christinai Chr Christrnmmswalk JIumlf1 JIumlf1walk
walk around the band lending and andmany so somllny somnmlmly <
many of tho brokers as cured to following followingafter rollowlngufllr followingafter
after which tho president of the exchango exchangiwas exchangown
was wn made to walls around the floor aloni aloniwith II10nowith aloumowith
with tho band us an escort Then Aul AulLung Auld AuldLang <
Lung Sync ended the frolic frolicOn CrollcOn frolicOn
On the Consolidated Stock Exchange th thChristmas the theChrlstmal theChmrlstmmias <
Christmas festivities were put under way wajat wayat wayat
at halfpast I and lasted until halfpost 5 5The 5The 5Llme
The little exchange ha hM been persistently pereUtentlbearish
bearish for a year or more and in the de doclinlng declining declinimig
clinlng market of the past summer am amfall and andfall 1101fall
fall wus uniformly ullifonlll lucky luck in im Its It Ii operations operationsTho
The members entered into time celebration celebrntioiwith celebrntlonwith celebrationwith
with great spirit spiritTho spiritfho sjmlritrhmtm
Tho Eighth HeRiment ne lrlent Band pla plaever played when whenever whenever
ever its leader thought thou ht it could be heard hearabove heardabove
above tho tumult and an aggregation aRgregatiuof
of colored artists HOMIH thirty in number nunibeplayed numberplayed nummmberplayed
played a skit entitled Eighty Minutes ii iitho In Inthe intime
the South which gave an opportunity opportunityto
to the stars of the out lit It to sing ragtime ragtimsongs ragtlmosonp1I ragtimesongs
songs and pathetic ballads Following Followinithis Followingthis
this there was buck and wing dancing donciniand dancingand dancingaHi
and Miss IiSR Muriel IlurlellUngold liincold figured in 11111 a gran granprize grand grandprize rund rundprize
prize cakewalk by tho champion cl walkers walkerof walkersor
of America AmericaThe AmericaThe AmericaThe
The champion walkers wnlk of America in ineluded Includld Ineluded
eluded couples couph from Chicago St Louis LouisJersey LouisJCI8CV LouisJersey
Jersey City Cit and other metropolitan centra centraand
and their efforts were greatly great r appreciated appreciatecby
I by the members melll t1I > of tho exchange wh whshowered who
m showered them with compliments am amconfetti and andconfcttl
confetti The judges jud es of the cakewalk cakewalkEdward cakewallEdward cakewalkEdward
Edward B Burgess nUr eAA president of the Produce ProdticiExchange ProduceExchalljle ProdtmceExchamige
Exchange Lewis V K < Kundolph president presidentand
and Mortimer II Wnear WIlfTar apr vicopresiden vicopresidenof
of the Consolidated Exchange awardec awardecfirst uwardedfilst awarde1fihit
first prize riz to time Chicago hlghstepners hlghstepnerssecond IIllbwPPIr8000na highstepperssecond
second prizo to tho couple from St Louis Louiiand Louisand Louisand
and only third prize to the erstwhile cham champlon champion ehampica
pica Miss Rlngold and her escort Picka Pickaninny Plckaninny Pickaninny
ninny Hill The cake itself was ruffled off offbringing 011brln ofTbringing
bringing brln ln 25 and this thl wan Wi divided amonjthe amonj allongtho aunongthe
the three UIfI e winners winnersSome wInne wInneSomo
Some one on the floor who didnt know knothow knowhow knowhow
how to to throw ticker tupo properlvbom properlvbombarded properly born bomuntil bornbarded
barded the women gueats U tR m time galleries galleriesuntil olleril1 olleril1until
until a policeman was wu brought in to cur curhis curb curbhla curbhis
his zeal zealJVEir zealEIt zeal2EI
JVEir EIt SCHOOL COMMISSIONERS COMMISSIONERSR fO JI1 510 E IlS IlSR
R D Aldcnift and jtItenwlch 1 A Hrrnvlcri INnmei INnmeiMaxwell lImfcl lImfclUax amet1Maxs
Maxwell Maxs Uax Ill Contradicts Conner ConnerMayor CombersMayor clllnrr clllnrrIayor
Mayor Low yesterday appointed James A ARonwlck ARonvlck AHonwick
Ronwlck of Flushing Jol lIIh hi L 1 I I and Richard KicharcB
B Aldcroftt of this borough to take the theplaces thoplaCflli timeplaces
places on the Board of Education of Ed Edward Edward Edward
ward V W V Holter amid ThomasB B Con Conner on onnery ominor
nery nor > who have resigned Mr 11 Henwicl Henwiclis
is a lawyer who for the last two yeanhas yean ytarRhas yearshas
has been a member of the local schoo schooboard Rchoolhoard seimoolhoard
hoard of Queens Mr fr Aldcroftt is also u o i ilawyer It Itlawyer alawyer
lawyer Ho lives at 20 Mornlngside Iornlll t1lde avenue avenueSupt 11nulSupt avnueSupt
Supt Maxwell issued > uld a statement yester yesterday yesterday cter cterday
day in replv to Mr 1 Conncry COI1lIlI saying avhi that thatnot thnt1I0t timatmmot
not 20000 children nor even Ieli two children childrenwero childrenwere chiiirCnwere
were crowded out of primary Primary instruction inslructioiUJ InAlructionby
by UJ UIKIIIK111 chanln changing the rnw sclmooi choo l connie UIIf7u null from cctlll cctlllto seven eelnto sevento
to eight years IJIr Mr 1r Maxwell said that the thechange thechnll timeeimmumge
change chnll o was aH made necessary IIPCI > sary to have a uni uniform ulIlform cmiiform ¬
form system > m in all of the boroughs us the thecourse theCOllniO timeCOtlrt4O
course hall been eight years eurs In Brooklyn BrooklynQueens BrooklnQUIlm BroolmlymmQueens
Queens and Richmond and the Stateo State Sintorepentll Stateregents
regents would grant full recognition only onlyto
to o a high school when it had afouryonr afouryonrourse a four venrH venrHcourse yemmrscourse
course founded on un eight years yearl course coursn e coursein urHe urHeIn
In n an elementary school Tho Th eight year yearourse yearscourse lar larCOl1J1O
course prevails prelilln In all the big cities of r th thounrty the IhecOlnrl theeotlnrty
ounrty cOlnrl ho added addedRESIDENT addedIRESIDET addedIRESIDENT
RESIDENT COOM11S Of1I11 TO RETIRE RETIREIII
l III III Not nt Accept cerllt Olrire otri Irnee tint mil lIi Write amid nnrtSpeak nnd111a1 amidmlmeai
Speak SpeakFormer mlmeaiFormuer 111a1 111a1Joornwr
Former Congressman cngrmssTmman William J J J Coomba Coombajf CootimioI
of jf Brooklyn who celebrated his hl seventieth seventiethirthday seventiethiirthmlay eentlethhirthday
irthday yesterday will retire from the thnresidency thoJlr8IdIC theIresiietmCY
residency of the Manufacturers Trust TrustCompany fruBtCompnl1Y TrustCompany
Company and from all active actl business at athe ntIhl mitthe
he clote of the yeir ltl Although Mr MrCoombs Ir IrCoomh lrCoonmlw
Coombs lias had a stirring luiKiniss 1HM llI and andpolitical nndpcllilcal mmcciiolItiemti
political career extending over fortyrive fortyriveytrins fOllvft fortyfiveycirs
ytrins 111 lie is it still tillill In robust liralih liralihHe hlal1hHI Imealllmlie
He was 111 one of till Icaditip figures in it the theHouse IheHoue time1louse
House of ItrprcsenlntivcH durini his hi two twoerms IwolelllR twoterumis
erms us COlIlrtsman oiigris nan and on his retire rotireHimt rttlrlIIl1mt retiremNent
Himt wits appointed by President Cleve Cleveland ClleInnd Cleehand ¬
land HM a meinber of the Pacific linilroad linilroadCommission HllirondClInmlHloll 1miirnaciCoumimissioum
Commission Mr r Coomls said lid yesterday yesterdayhat vestcrdmmvthat cRterdll cRterdllthnt
hat ho did not Ithire and would not ilOt accept acceptmy ILccelrRnr aeceimmRn
my Rn > pulilio office oO le At Allhl the sumo MI time it WHS WHSlift Ill Illhlil wmmshiM
lift Intention immtmnt lou to It write rllu and speak on topics topicsAllli topicswith topicsvi
Allli vi I lm which his hi cxperiiixe cxperi has lal s nindu mnd him himnmiliur himI himrnmllhlr himfaumt
nmiliur faumt nmiliurvfir ilimr ilimrxtir
I vfir cjiMtci i corrin OIILI irtr irtrF1 11 11F
F F1 A 4 HflnP Accused III fll of Tnklns Tnkln IUd Ore OreFrom OrtI OreFro
From Fro in Kiijoliidl iruml irumlBurn Imm iIr lltlll lltlllDUTn urmmlBuTrI
I Burn Mdii > IIIII Dec IJ 24K A JIeln JIelnibeyod HelnJ HelnJj 11eimm7AOlmCei >
j ibeyod today III till order of Judge Judg Heatty Heattyif Dealt BIILttoflhc Dealtor >
oflhc or if tlie t lie Inltcil i um i ten StatPH 4t tlllH mit s Court oil nt to I o tidmii mm dtimit n piuty piutyif JlIlt JlIltI pu ui y yof
of if Ainnlgatiinled onginrers II lnle and impectors impectorsnto InlolctorliInto immpectorsinto
I Into nto the th ii Ilnnin mine fur the juirpom of ofiwrUiniiiK ofa ofmmsetrt
a mmsetrt iwrUiniiiK lrlinill a imuimm C the I b hit triiih 11lIi I ml t h of the I hI report rpo It thai thainining IhnlIUnilllt I Imimlimimig
nining wan Wl liriiiK hI lI doiu ill mmm ihn I hit Michael MichaelJpviti lIchlirl1Iltt iichaeljevitt
Jpviti mini owned by h l > the I Ime liiitlf and Dos Boson Dos10mm Q Qtali ¬
on Cotniiany in violation violmit 10mm of nn injunction IIlIlnjunclionIt injunctionIt
It is said thnt the MirvoyorH unlro found I lint lintixtensive hnlextenlihl limitextensive
extensive work WRK wn going on mid that thatnining Ilmtmlnhl tlmmmtmaIn
mlnhl maIn nining I img hnd btwi Itt mm done for a long In umg lime III innjoinwi IIIenJfJirltd iiienjti
njoinwi enjti iniecl ground groim rollllli um I of mm f the t lie Michael l vnltt vnlttan1 vltt vlttmil I I1Itl
mil that vast II1t lumiitllios qllILIiI Iii itios > of on mm running runninginto
into 3m to 41 per cent nt cojiper had been hllIlnkcn taken out out1he outIhp outlhe
1he matter is to be called to the attention attentionif
of if the Federal Court ommrt In contempt charges chargesiguinst chnrgclIlIfalnMI chargesmmgainm4i
iguinst the Heino peop6 peop6lies PIlp PIlpii1llM pepluIeit
ii1llM lies an Attorney A ttOlJI for KdCMMMt 1IL IHHt for Slander SlanderCHICAHO SImltrCllteOo SlanderCiucno
CHICAHO Dec c 2JMi t III n CarolineIutter CarolineIutterion Caroline 1lItter 1lItteron jaterson
ion of Oak Park < has brought stilt lilt in the thoIroult IhoClroult thetIrouit
Iroult Court for 50000 50t10ollrllllnpIR damages for forslander forslandermmgainst slander slandergainst lnndlr1IplllnMt
gainst Attorney A B Wright The rIlI suit suitrows smutgrows ult ultgrowl
growl rows out of the suit recently leCellll brought broughtgalnot IHoUghtIIltnlnt Imrotmglmtmmgumlnst
galnot Miss Patterson by h the t im helm of ofonathan orIonathnn ofIonathmamm
onathan Clark whoso wlro o private secretary secretaryelm ecretaryho ecrelatIIhe
elm ho bid IIIfn > > en for twenty years lIr charging chargingor hllr lnlt lnlther
her or with unduly Influencing the mlllionalro mlllionalroo
to o give her 1250000 worth of his property propertyVright propertyWright pmprtyWright
Wright is the theatiorney I1ttornp attorney for the Clark heirs
FINANCIALTelephone FINANCIAL FINANCIALTelepbooD P1TfANCIALww
ww wwTelephone
Telephone MUTUAL L1FK LIF DUILDIN
4 46714 7 John Itoonu DM and 807
32 Liberty Street StreetNEW StTeettNEW
NEW YORK YORKPUBLIC YORKPOBLIC
PUBLIC ACCOUNTANTS iCCOUHtlHTSIresldrnt Acco ACCOUNTANTSCORPORATION i s sCORPORA
CORPORA CORPORATION CORPORATIONIresldent liON liONridt
i irOEI
Iresldrnt IresldrntIOEI IresldentIOEL ridt
IOEI II EKUARDT EKUARDTVJCBIlUiHIDKNTS EIIIJARUT EIIIJARUTlClttlcs1fluNTs mu RDT RDTJC
VJCBIlUiHIDKNTS VJCBIlUiHIDKNTSHon JC IIIISlmNTS IIIISlmNTSlion
Hon WIUIA > I O 1 CIIOATE A S KEVNYl KEVNYlfonncrly K KiiNN KiiNNformerly NNI NNIfonnrrlr
formerly Paymaste PaymasteSecretary PaymMlerIclnotftry PayfllMtCtccrrtary
Secretary 4 Trcwurer ieneral I l H Nftvi NftviTHOMAS 2tRYYriioMAs ftVY ftVYTIIOMAS
THOMAS IUWKCTT ILtlNI r retired retiredThis retiredThl uettredTbls
This Thl Company will 111 examine any account an anreport and andreport andreport
report thereon examines real estate and person personproperty penonal penonalProlwrt penonsiPrOlWrt1
property Inventories and appraises Ihetn hemp whe whedesired wheo wheodelretl wlmeodesIred
desired desiredIlciwrtH delretlIIrllOr desIredIteportt
IlciwrtH of a restricted nnd superficial super rlai character characteor
or ccrlllilnc merely meno to the accuracy of compiitj compiitjtlons comp computalions la lalion
lion will 111 not be furnlnlied turnl hed by this Company CompanyInvcsllitatlons CompanIIIr5l1saUolU companyImmvesmtmtatbons
Invcsllitatlons will 111 bo b strictly alrlcll conlldentlal onnd nlla None Nonof Noneor
of the llnrtore or olllwrs of the Company wlllt wllltaware 11I1bealfAre wliibeaware
aware of the examinations or of reports made madiexcept madencepL madeexcept
except the President and nd the Expert Manager Alalln er an anhis and andhis andhis
his otulstanU otulstanUCOTTON nltanUCOTTON atatstamitaCOTTONPRICESSTILLRTSINtL
COTTON COTTONPRICESSTILLRTSINtL COTTONPRICESSTILLRTSINtLWId1 PRICES STILL RISING RISING11LY RISINGI I
11LY AT n 1H9J CETSTE JE 4ENTS 7TN TE POINTAIIOYE POINT lOINTf4A1JJ11 IOINTS
S AIIOYE WEDVESDAYS VS imnrEtiT imnrEtiTJump IIWl1fiTJump II1G11STJulep
Jump In Wlirnt Itat anti Corn OIn Keens ietllMIt It Company CornpanWar CampanWar CompanyWar
War Humors anti a Squeeze of ur o th thShorls the theliih theShioris
Shorls liih rts Did nlatThtedllre Hmt Tlieoilnre II PrIce VrlcSec VrteIOrll PrIceSees
Sec a Dowle Situation ComliiK ComliiKCotton ConmliiCottoum omlll omlllCotton
Cotton prices got up to new high figure figureyesterday figures figuresyeHterdHY flguesyesterday
yesterday The bull leaders were actlv actlvin a tlvo tlvoIn tIvtiui
in bidding up the market Tim July do do dolivery I
11 livery vory touched 1301 cents a pound compare comparewith compared comparedwith comnparedwith
with 13GO cents a pound Wednesday Wednesdayclosing Weclnesdaymiclosing
closing price and tho May delivery dlI ry 130 130contH 13UIrontH 1391cents I
cents cotnparpd cOlJlpa d with 1368 8 cents at til tilclose LImo thodOli LImoclose
close on Wednesday The advance a in InJu Jul Julwas July Julywait Iy
was S175 176 a bale The best prices wen wennot wero weronot werenot I
not hold however the market closlni closlniwell ololilngwP1 olosigwell
well off from tho top though still abov abovWednesdays above aboveWedtmesdumymi I
Wednesdays ftiuil figures figuresThe flgurlTho figuresTime
The rumors of curly hostilities between betweeiRussia bctw betweenRussia n nRussin
Russia and Japan resultod in a sharp ad advatice adllce adsaumce
vatice llce In grain prices but railed to huvi huviany htlYeallY imuveany
any efTect upon the cotton market in tin tinearly thoearl timeearly
early earl rise There was an idea around aroundhowever aroundhowever aroundhmowever
however that should the bulls objective objectlvipoint objectiveioimmt
point of 14 cents a pound hound be reached atenormous an anfmOnltOUII anommormimous
enormous volume of profitrealizing sales saleiwas HIllelwas saleswas
was likely to come upon tho market An Another Armotimor I
other Idea held was that the turning pour pourIn point pointIn
In tho market might not be reached until untithe untilthe untillimo
the publication of thc lookedfor CeneuiBureau Census CcnsU8Dureau CensusBureau
Bureau report regarding the amount o ocotton or orcott ofcotton
cotton cott < n cluned 11 III iimnecl lied to Dec 15 There has been beena
a lot of talk that this report haa hlltlleakcd leaked but bulno butno butrio
no evidence of such n leak has been dis disclosed dlsolOHOd dIsclosed ¬
closed closedTheodore olOHOdTheodore closedTheodore
Theodore H Price who bulled oottorfor cotton oottonfor cottonfor
for a while early this year and then turned turneca turneda
a bear at much lower prices than those now novruling nowIullng nowruling
ruling is still a bear Ho said yesterday yetsterdajregarding yesterdayregamding Ctterdayi
i regarding certain bullish prophecies us to Ucotton tocottOIl tocottomu
cotton cottonA
A recent experience of Elijah Dowie Dowiewho Dowiewho
who Is now said to have the profit while whiltIlls whilehis whilehis
his followers have the prophecy Is n case cowIn caseIn casein
In point pointWAR pointWAR
WAR RUMORS BOOST GRAIN PRIDES pEloltsIn PRIDESIn
In the grain markets wheat and corn coreprices cornrrlceti cornprices
prices rose both here and at Chicago TinImmediate Tin
Immediate rrlceti cause cuu of tho jump was the re receipt recelpt neceIpt
ceipt of a Broomhall cable cablodC3pawh despatch an announcing armmmouncitmg ¬
nouncing a rumor that the Japanese fleet fleelwns fleetwas fleetwas
was clearing for notion There was buying buylnfby buyingby I Iby
by frightened bears to cover short con contracts commI ¬ I II
I tracts tractsAmid trnc tractJAmid
I Amid l1Ild great rpat excitement the December Decemberwheat J Decemberwiment
wheat delivery def1ery on the Now York Product ProductExchange ProducoJoxchango ProduceExchange I
Exchange sold at B4 94Y f cents a bushel th thhighest the thehigimest
highest price of the season fIeUlonand and the highest highesltouched hlghllIttouched highesttouched
touched for several years On Wednesday Wedncsdajnight Wednesdaynight
night flits name delivery dtlh ry closed at 93 cents centu centsa
u bushel bushelBesides bushelBesides
Besides the war talk there was a special specialmoving Rpeclalmoving specialmoving
moving cause for the advance In this do delivery doIn dolIvery ¬
livery in a squeeze of the shorts owing owinjto owingto
to the light higlmtcontraet t contract stocks here hereMA hmeJl4nI I
MA Jl4nI RIXE 1TELLHIECE 1TELLHIECEUlXUTtmB JXIJlLlnE 1XTLLLIGECLmemrmuATerw JI JIIIIIIIATUII
UlXUTtmB AUJANAC ALIoIUUCTnIS TIIIH DAT DATSun DTSun DAT3un
Sun rises 73JSun 722SatisCtS36doon sets4MMoon sels 36loon sets metiIllt metiIlltflmOmi 1111 1111IlICIH
IlICIH WATER ATiRTIIIII THIS UAT UATSandy urj DATSanity
j Sandy SaDd HookllOSKiov Jlook 11o IO Id 1 1l4OkIctI 1110 40 Hell Gate133 Gate133ArrlrodTuunsDAT Gate 183 183I m33ArrtvedTt1tR5DAr
I ArrlrodTuunsDAT Dec 34 34V 2 24m
V m S cruiser Baltimore Key Ic West Dec 20 20Ks 20Cortnllls 29rs
Ks Cortnllila Naples Nov 0 M MUs 252s I ISs
Us liulsfliand J ulscbland llallkl tank Harry IIAr Dec lI e 10 10Ss 10Ss 10ScCactmluc
Ss ScCactmluc Cacique TMlcalmana > Sflil SeI 18 18Ss IIIis ISuaunu
Ss laion clenfurtos Ucc 11 W WSs VSs 9Ss
Ss HI Alba New ew Urlcttiis Urc lIrcO lIrcOSs lee M MSs 20i
Ss i City ot Memphis Savannah Dec 51 51Ss 3m4s I IS
S Ss Monroe Norfolk Dec 23 13SsConclio 23is 23Ss
SsConclio is Concho Calveston Dec IS 18Ss ISss iSs
Ss s Herman Winter Inter lloston Dec 23 S3Ship 23Shll 231tlmImi
Ship llaudaudlne Bordeaux Nov Xo 12 12Hark 12IInrk 12Itark
Hark fharlrs Chari LorliiB Lorlnl1i LuuIulg2amvmmnnah Savonnah nnah Dec 15 15AR ISumIIIVP1
AR umIIIVP1 11 HIVKU > our ourSs OITTI OUTSi
I Ss La Savole from franmXewVor New York at Havre HavreAltKD 1IafsJum Itarres4umED
AltKD ntOM IO rURKlOS PORTS PORTSSs PORTSSs pousSs
Ss Majestic from j JuretiMown lIslon for New X York YorkSs YorkSs Yorks
Ss s arpatlila from Naples for Nnv Yort YortOOTOOISO YortOCTOOISO YorkoUT00l0
OOTOOISO RTEAMHII1P4 RTEAMHII1P4Hull IITEAISIltPilsalt STEJII45IIIPSSmml
Hull Tolav ToJawtlal
TolavMai
Jail Vnsti VnstiClose IstsCo iesselalor
Close Co lor 1111 Selil110nru SmIlMoniue 1111llonrur
llonrur Norfolk > 300P 300PStfd 39015S 39015SSill
Sill Tomorrow TomorrowRtPAUl ToorrowSI
RtPAUl SI Paul Southampton 6 600 00 A AJucanla M I n ao A M Mluiio MIuranln i iLuraimla
Jucanla Liverpool 030 tm 30 A AZetland M motto A M MIalld > t tetammd
Zetland Ialld Antwerp nLw rt S SJO 30 A AMlnncaiiolln M I 10 3il 34 A m M t tlInncnJoll I Ilmummwauiclls
> Mlnncaiiolln London Londonllelirrnvla 111 matte 00 AM AMu M Mn t tmmmtrrmtsIa
llelirrnvla n ll1rnla Hamburg Hamburc1rrtorla u 0110 0110mreuorlmt do AM A M MPrtorln
1rrtorla llornuuln HOOA HOOAIlilladelphla S IJOA 00 A 11 10 tUllUAor tUllUAorIhlladelphla at at1mmmlacletfltmla K A M MI
Ililladelphla Curatoa H 31 A AAlene 1 I 12 Oil M MIene I Ilen
Alene len Iene Jamaica J Ii > 5I A AMorro M I 12 lZMI mmmi Hi M MJorro t tIorrn
Morro Caslle Havana 1000 10 cjm A AMaracis > 1 1 II W Si IP 1 M MIarals Mtararas
Maracis Havana 12 t230 30 iu I IEl M > t 3 3UlI IK I > M M1201M MEll MEl
El Ell Dorado > orado New > ct Orleans OrleansArapahoe Orl at1 1201M lZoo M Mrantahne I Ii
Arapahoe Charleston CliarkilcnK I 3 00 13 1 > M MtI
IIrI g 11 11Han
i tI K ml HloOaUcilon HloOaUcilonSan lImo G Gamveatofl f 3 00 iS P PM PMmain M
San Marcos 11 a 11 llrunswlck llrunswlckLoncho 3 3001 00 a M Mconemmo
Loncho aUeston aUestonHamilton 3 VO I M Stitaunlltriui
Hamilton 1 nYIt Norfolk NorfolkIlty r3t 3 m 00 I IM IMS I St I ICllr Icttr
Ilty of Memplili ttavah ttavahsd S m 1111 o HI 1 I M Mi MSamZ 1 18ntl
8ntl sd Manaiv OlldIV Drc DrcIrfferwn 29 29lerercon
1
Irfferwn Norloll NorlollCity a i IP w p PM PMCity M I ICII
CII City > of Marnn Huvwunal 3 300 Oil P Ior IorINlOIlII 1 M Mlloilda > t tlzcoMmzl
1NCOUIXCI BirAUBHIIB BirAUBHIIBDue BflAMSHIIPpar tuallll tuallllnut
Due Today TailauStettin TOdovFlorida
Florida lloildaAtknnYT Stettin StettinMrttln 11 ltln ovZo ovZoI ov ovDcc
AtknnYT AtknnYTAlberta I kHnM Mrttln Mrttlntilbralttr DcI I iDee
Alberta AlbertaAnlllliili tilbralttr tilbralttrAntwerp DC a ai aDec
Anlllliili AnlllliiliIrtiH Antwerp Dec 3 3mulmmz
IrtiH i Osknr OsknrOIISUClO g i r Naples NaplesHull j P g glOIIUlo 7 7I
OIISUClO OIISUClOHeeler Hull HullSwanwn I mitt I lIce 5 51lrr Sleter
Heeler City CityAriniironp lII Swanwn SwanwnCherbourg Del 5 5rg Stier
Ariniironp AriniironpKlowa Cherbourg tier 6 6lime
Jtlf B
Klowa KlowaSirlplicis rg Jacksonville JacksonvilleSt I I lime I UI UIMtrttmtets
< Sirlplicis Sirlplicisnctiorin 11111 St Mlcliacla MlcliaclaCUsauu mite c 13 13Iec 3 3onctoorll1
nctiorin nctiorinLalahrla CUsauu CUsauuGibraltar JIarowne Iec IZ IZCnlnhrln mJDec
Lalahrla LalahrlaLVdrlc Gibraltar GibraltarLiverpool Dec n nCdrlc 12Dec
LVdrlc LVdrlcKl Liverpool LiverpoolCialvriton lIecIU lIecIUII Dec mit mitam
Kl None NoneKsnwix Cialvriton CialvritonXavinnah Oalr fn Dee I Is Is1ec
Kn Ksnwix Cl < Iv v vllrandeiUnirir Xavinnah XavinnahHremen lIee 21 21ltrAnclmilmmimrml 3 3JlrandHlllrr
llrandeiUnirir Hremen HremenJacksonville Uee 13 13ComnamielmeIacksnmvlIIe Z ZComalhr
Comalhr ComnamielmeIacksnmvlIIe Jacksonville JacksonvilleVcra Ue Dec z zIIIIDnln 22Vmgmlencmmm
IIIIDnln Vcra era Cm CmIhlladdphla Dee 17 17JUt 17flue
JUt ToIIr1Ir ToIIr1Irhlt I IlhIImidcIptmla
Ihlladdphla Ihlladdphlala hlt dltlhla Southampton SouthamptonHavre Uc 10 10Ion inla
la Tnuralne Tnuralnellrltlsli Illarr hare Havrenlwrrp Dre 19 19Urlll1 it ititrtitstm
llrltlsli lrlnces4 lrlnces4Ktrnrla rlnl nlwrrp nlwrrpllveriwol nl wn Drr 12 12I 121trulrta
Ktrnrla I KtrnrlaMinnehalia llveriwol llveriwolttiif Uc 19 19lIt ItDue
Due lIt < fiutiilatt l lire > re 27 27London 27innehnha 27Mlnnetmmitma
Minnehalia MinnehaliaVtnrlHinic London LondonUlbrnllnr lire flr 17 17tarIRl1l1r 17Dee
VtnrlHinic Ulbrnllnr UlbrnllnrGdlvcston Dee 12 12lmI1aft Utlgtnmpmmas
lmI1aft Gdlvcston GdlvcstonlHck lite 21 21igOflmItmItl I IlIOIIluln
lIOIIluln lHck aelsunlI1I unvllle unvllleM 1IIr4 1IIr411I tr 4 4imir
11I imir M Monday Dec 11 21 21Hull 2 2Iarlllln PtMarIcHit
Iarlllln Hull Hullsavannah imlt nee i iZ IS ISits
its itt K t savannah lm lltc 26 26mmUi
mmUi Z New Orleans OrleansMveston i 1ftr
11 Monteflalvestea Ionll Mveston MvestonDiir lJrc lJrchIIn Ij IjIm21ua
hIIn 1I111IUla L ore > ec ecJu a aDump
Dump Ttttilat Dee Ju11e1le 23 23STKAMHOATS 29ItotIc
11e1le 1IIrqKol 01 1 1hn ms msCtmmulmilt
Ctmmulmilt hn II 111 II tIm linll tnlcston lon Uea 23 23Itv J
111010 AI1III lrt2 lrt2rllrollnblll Itv 23 23cIty
rllrollnblll cIty of V astilliZuomm li Colon pr prSTI 22 22gr1MnO4F
STKAMHOATS STKAMHOATSnOTnU STI gr1MnO4FB I no T Tu TBOSTON
u
nOTnU AND POINTS IN INUO INNbW
BOSTON B UO 5 I UN U NbW ENGLAND ENGLANDA
E4 A Ir II HIVKH Ill VEIl USE via n Newiwrt lI1rl and Kail taIH11er taIH11erJIlIII ValittvsrIm Hiver Hiverfn
JIlIII fn Ill llrr Im r u N II tool of Warren unrn St weekdays wveUdaynnly wlrkdIlYIInl
IInl tInt nly at Sttl 0 P I M 1 Steamers Ill JIIISCILL 1SCILLA and andIlllTAiV AndPIIIIT Mmiim
PIIIIT m IlllTAiV t OivliiMrnrin Cntmtst no cmi rah caeliOIM rah01nl cactiNOI1WIVII
NOI1WIVII OIM 01nl Itll 1I llMl II I via 111 New ell 1ondon l IRr ave Pier Piern PIerm
m n N It loot of clarkxcin St st uecli wr I day dlrlohlY das olily at atsam I
sam 1 P I M tt t steamers CITY CIT or IOWlCIb 1II ft Knd Knd11KSTKH an11 an11tlItSOlmt ncI
11KSTKH 1 I 1 iv V CIIAIMN CIIAIMNfKW tIIAPIIitw c II tIl N Niw
fKW llVi 11 I iIi 11 1111r jar New llavrn Hartford Hartfordiirlnirtld lIarltontSNln hartfordurmnCttetd
SNln iirlnirtld tIld miamI tnc North Leave Plrr 40 O N It Itont Itfont
font ont of ClarUsun St week days only ont at 400 P I U Uileamer WSlramr 51Meaner
Meaner HICHAMII PKCK PKCKJOY PICIjoy CI CIJOY
JOY LINE LINEROVIOENCE LINEPROVIDENCE LINEPROVIDENCE
KVB 1tR M WCK V12K Dr DrOSTON UAYr DA DABOSTON
PROVIDENCE 150 Or
r 6 I N NBOSTON
BOSTON OUTSIDU LINE DIRECT DIRECTrom DIIU DIRECTrrom CT CTrom
rrom rom Tier lor M East Ea Hirer Thoae PhoaeOOOrcard BOO Orchard
b 1 14 14Thero 4 4There
There tire fourteen trains per da dabetween day dnrootwccn daybetween
between Now No York and Buffalo un unNiagara and nndNiagarn andNiagara
Niagara Fnllspractically Falls1 practically a train over overbiisinesfl every overyb11J1nC8A everybusiness
business b11J1nC8A hour hOllrbr by tho Now York Central CentralCan CentralCan CentralCan
Can you Oll do bettor than this thisAQUEDUCT lhlsrn thislIIOPfMLS
rn lIIOPfMLS lIIOPfMLSAQUEDLCI OPOHAIs OPOHAIsAQtI1ml
AQUEDUCT AQtI1ml 1 COMMIRRIONHIIS bMi RsIO IIS IISloom OFFICE OFFICERoom OPIiCmIItoom
Room 0 S07 Stewart Ht t llulldlni k lnl No iJr 2W Droadwa DroadwaNew ttroacmwayNew T TfJ
New Yurk Decvnibvr II 1 l 1903 1903to 03 03TO
TO to CONTRArrORS CONTRArrORSnids
nids ld for proposal for dolnij dolnm the work and Andlur AndlurnJblnlr fur furnlshlng furniihlng
nlshlng the materials called for In the th approve approveforms alproed alproedtorm aImprnedform
forms of contracwnow onlrftrl nolV on tile la the onice of th thAqueduct the IheAQurdllL theAnuednel
Aqueduct Cummlsslnnem for lorII tontim
II 1 Constructing CoII lnlcllni an overflow and hlow ble blownt < ifl rr pipe pipline pipeJI pIpeline
line and d nppurtermaces from Gate House No 2 o oJerome of ofJerome
Jerome JI JIotn otn Park 1 J uH Reservoir c of fnrG the New cw ig Croton gro Aque Aqueduct Ju Judurl que queituct
duct In the Horuugu of the Bronx > the City of NCI NCIYorU New NewSoric
YorU 011 end endC2I andtzm
C2I 2 Furnlthlnir erectlnr and placing sluice gates gateswith IIlIIellh
with llh the ticrrsury > lifting lmltIn machinery ladders laddersfloor laddersfloor
floor beamnnd Hoar plates pIMlequlrrtaL tequlrnd at the Muscoo MuscooDam Muscootlamni Iuooel I
Dam l al11 Gate House 1I0u 1 In the m he town of lledfurd Weal Wealtheater Weslchter est estbstereoUfliI
theater bstereoUfliI county ounl New York Yorkwill Yorkwill YorkvIlI
will be received rrrel at this office until 12 oclock olocknooo noo nooOH I
OH TUESDAY JANUARV n 1W They i will Ill t1 b bpublicly be be11ubllcly bepublIcly
publicly opened by the Anueducl Commissioner CommissionerM
M soon Moulhrtl1fltr thereafter ns n poulme and the award ar of ollhe ollheronlrnrt th thcontracts he heContracts
contracts for doing snld li ld work and uniljhlnc th thmsterlali the Lllemlerlal themmmterlala
msterlali required will he niado by hYlllld sold Contmls Contmlstloncrs I IIonrr ISloners
tloncrs Ionrr as II man Iherenfter ns practicable practicableUlanU practicableltanI racllrhleUlan
UlanU Ulan forms nf said shl Hf1J1ItI pprnil d contracts and the thiiperinrallon1 Ibe11Ilnaallon thesuwrlflrmmliomtr
iperinrallon1 thefciif dud lId blds hid or propossli nnc nncpropireiivrlopisfnrlhrtrlnclaurc anti I Ipwpr mprcipt
propireiivrlopisfnrlhrtrlnclaurc pwpr r 11flopcs for belt IlIrloure foi ins of bond bondand bondg bondsanti
and all other r Informallnn Limo be ohtiilncd nt thi thitbove t the theabove
Llt1o lt1o r I IPII
ItloM tloM 11rr eJ I
g Commissioners
above I office nt the AqtKdilct L ol olipnllcatlon on onapmlIcmtton
ipnllcatlon I to the srcnlary srcnlaryFor seCrim3rlor I r
PII For at further h partleulari rrl I SIM Clly liccord pub publlshed pubIIsbed publlshed
llshed at No 0 2Cllr City Hall HallIly I IIJr
Ily 21 order of the Aqueduct Commissioners CommissionersWILLIAM Comnmtacloners5mLUAi s
t tUAnny
II1i I1i wurrt r
onH WILLIAM I H TKV BYCK President PresidentHARRY PremmtdentiinnY enL
HARRY W v WALKER IKlm Secretary SecretaryHIGH SecretaryHIGH
I
HIGH BIDS FOR U S REALTY REALTYREORHAXIZEHS REALTYREO I I II IREonO4I7EIl
REORHAXIZEHS REO IW4NIZLltS HELIEYED HELIEYEDHAVE HELFE1 Jfl TO TOI143E < I
HAVE 411 THE CONTROL CONTROLReiKirt CfJTllOlReport CflTI1OLReport
Report Yesterday Hart It That Fnllfi FnllfiroiHlrtipllon Fnllernn EnhlerCnn3trtmciloni
roiHlrtipllon nn trulIon Company olllllln Interests trestll am amIlir BIIII BIIIIIh multithe
the Ih Prrscnt MniUBfiuent Were ere Hid HidilliiB nIlIIlInl Hidthug
thug for frr the th Ntdck In ninprtltlon CnniipelitionAn ninprtltlonAn I IAn
An advance of 3 > points in tho pre preferred prefelTcd prefeured ¬
ferred stock and l j of u point hi the com common common conmmoon
mon stock of the United States Itealty ItealtyA
A A Construction Company on hnles of 11500 1150and 11500and 11500itnd
and 10000 shares respectively rC61ccti ely led to c creport a aroport areport
report In Wall WallStrret Street yesterday that the therally themlly therally
rally was tho result of competitive bidding biddinffor biddingfor
for tIme stocks by the various Interest Interestin InteretHIn
in the company which are known to be a aodds at atodd atodds
odds odd II The preferred stock opened at 31and 37 37and 37and
and sold at ono time ns high OR 41 anc ancthe and andthe andthe
the common which opened ut 4 4J sold ur urto up upto tipto
to ejii Both stocks declined al the close closeReport cloReHeport closeDeport
Report had It that tho interests InterpstlJn Jn th thFuller the theFuller theFuller
Fuller Construction Company a subsidiarjconcern subsidiary subsidiaryconcern subsidiaryconcern
concern of the Realty company the re reorganization reorpnlllzntion reorganization ¬
organization committee of which Jam JamSpeyer James JomlfllSpeJr JamesSpeyor
Speyer is chairman und James H Hyde HydeFrederick HydeFrederick hydeFrederick
Frederick B Olcott James Stillman and nnciothers andoUlers andotimers
others are members meml > tr and the present man managament manalament managament
agament of the companv were buying the thestock thetock thestock
stock in competition The 1h reorganizatloi reorganizatloicommittee reor reorganizittionieornomitoe anlzlltloll I Icommittee
committee issued < IIL n circular somo time timeago 111111npo tinmoago
ago asking ol > lng that stocks bo deposited with willit withIt
it in order that it might carry out change changein changesin I
in the tiitiimpement Imtmimmmm ement From the wording wordingof I Iof Iof
of the circular nnd by b by the admission of olmembers ofnonmbers
members of the committee this step was waetho WISlhe wasthe I
the result of the apparent friendliness ol olcertnin orccrtnln ofcertaium
certnin officers officcrsor of the ooni COJIILnrpartlcullrly cormmjmuny > unyf particularly particularlyof I Iof
of the Fuller company to Sara ln Parks th thconvicted the timeconvicted <
convicted com leiId labor lender lenderIt I I
It was 118 said nld ut the time that the object ol oltho orthe oftime
the committee was to t < radically rodlcall change tin tinmanagement timemaimagemtTmt I
management mBnn ement of the Fuller company companyA
A memberof mlml > erof the reorganization reorunI1allolloommlttce reorunI1allolloommlttcesaid committee committeesaid cormirnitteesaid
said yesterday y tercla that there was no truth In Irtho Inthe Inthe
the report that it was bidding for tho stock stockHo stocktie
Ho would not venture any ILII0pinloJl opinion regarding regardingthe i
the attitude of the Fuller interests IntplE t or the thepresent tltoplEsent timepresent
present management managementThere IumunagtmentThere I
There are outstanding outstandln 270000 shares ol olpreferred or ofpreferred I
preferred tock of tho company und 330000 330000Iharl1I 330000shares ISOCXXshares
shares of the common the common havinp havinpvoting havingvoting
voting power on the same busis hils as the thepreferred thoPrlfprrlll timepreferred I
preferred Tim reorganization rt < ranlzlltloll committee committeelias colIIJIlttltl1an coumitnitteoimmu4
lias l1an set Jan Q na the last duto dub for dex dlpoltllll dlpoltllllstock depositimmgstock > Kitinn Kitinnstock
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