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The sun. [volume] (New York [N.Y.]) 1833-1916, May 13, 1904, Image 9

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Persistent link: https://chroniclingamerica.loc.gov/lccn/sn83030272/1904-05-13/ed-1/seq-9/

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ROCK I81AKDIQHDS ISL j6QQHD BiRRED BiRREDMS Aa ijD ijDiUItO
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iUItO MS BANKS VOTK orE HOT T TMTrsr O O1tESI oiicizsT
MTrsr IN NEW NE ISSUE ISSUErrlllrlim ISSUEi ISSUEI
i I > rrlllrlim of Selfish Int latntltl retU Whlc Whlcfittlt witioiek bleb blebetJc
fittlt etJc to Extend teod the LimIt of Saving SavingHank liavlnIIlnk vInl vInlRink
Hank Securities SecorlUetNumber Number of DC DCpoiltora Dr Drpoltol1l Dcpo1tori
poiltora Inercaicd voooo In 1BOS 1BOSAt 1903t 1003It
At its It eleventh annual meeting at tho theChamber thoChamber thoChamber
Chamber of Commerco yesterday y terday thn thnSavings thoRaving th thSaViCgB
Savings Banks Association of tho State o oNew lit litew f fNew
New ew York adopted a resolution declaring declarlnfit
it unwise for any anY6avlngs tavings bank in the Stato Statto Statof <
f to Invest in tho proposed 163000000 bond boneiuuo bondi bondof
iuuo i luo of tlio Chicago Rock Island nnc nncTatifio and andIlcUio andIacLffo
Tatifio Railway Company CompanyPresident CcImpanyPre6ldent Companypriden
President Charles Ch rlt A A Schleron brought broughtup
I up the matter of railroad bond investment investmentin
in his annual address addre6Swhen when he calledatten calledattention called atten attention
tion to Banking Superintendent Kilburni Kilburnireport Kilburnsrport Kllburnet
t report that the savings blanks xka holding holdingof
of UnitedStates United Stalcs bonds had fallen from
111000000 to less than 10000000 In th thlatt the thola thelast
last la t few years yearawhllo while their ti holding of rail railroad rl rlroad railroad
road bonds bond had b gone up from fom nothing t to <
177000000 177000000The 177000000The 700
The Te question qUton of the th Rock Rk Inland l land bonds bondiwas bndti bndtius bondswas
was brought before btort the meeting motng on o a report reportof rpr reportof
of the th executive exetve committee omtt which hat hatbeen baateen
been bfn considering cniderig the te matter mtrllneJanu el since nee January JanuaryTbo
4 Tbo committee commte first frt decided that tt the bonds bondscame nd
7 came cam within the law l limiting lmitng pavings svig bank bankinvestments bk bknnstment bankinveetmenta
investments nnstment but called caUe on their counsel counselGeorge cucl cuclGeorge counselGeorge
George W Vickenham Wickrlm for an opinion opinionMr
t Mr Wickcjshara Wickham held hed that t the tc bonds bondswere bondsere bondswsre
were ere not a proper investment Invetent under the theclause th6dU
I clause dU of the propr law 11 which bich says s that tho rail railroads ral ralroads railtoads ¬
roads bonded bndo indebtedness IndbWne must mut not ex exceed exc oxceed ¬
ceed c throe thr times tlmt its Is capital clpltl stock stk Part Partof Partof Partof
of thfl thl Rock Island Islad issue Iu was wa to t retire rtre out outstanding out outstanding
standing tadlng bonds bnd and td State Superintendent SuperintendentKilburn Superntendent SuperntendentKibur Superintendentt
t Kilburn Kibur made mdo up bis bl mind that tat the he new newbonds newbM nowbonds
bonds bM would be b a a lawful lwtul investment investmentThen invttment InveetmentThen
Then the committee commite decided decide to ask ak the theBMocUition theA theocintion
BMocUition A ocltlon ocintion to disapprove dipprve the bonds bnd as 8 an aninvestment aninEtment aninveMment
investment inEtment for savings s1ng banks bs funds tund and andtheir ad adIheir andtheir
their resolution r olu on was wa unanimously unaimouly passed passedyesterday pl passedyesterday
yesterday yesterdayMr
Mr lr Kilburn Kiburn who wo made a speech to t the themeeting thomttng themeeting
meeting mttng had this suggestion suggetion sph to t offer offerXeit ofer oferet offerezt
Xeit et ezt Inter If I I were you I should shoud at attempt att attempt ¬
tempt t Dpt to ct t lefftMatlon legAlUon to t this ths effect eet Before Beforenor BeforeADT eforesar
nor railroad rairoad boud can ca become a legal leinllnvNt leinllnvNtlODI Invest Investment Investnnt ¬
ment lODI for or savings savlni banks It must be approved approvedhr approv approvhl
hr thU thll thl awoclatlon aolUon in written rlttn form to beflied be betiled e
hl
tiled 1 t with lh tbo Banking Department DepartmentMr Derlutment DerlutmentIr
Mr Ir Kilburn KIbur also called attention as I did didthe didthe didthe
as cae attnton
the executive exotvt committee committ in its it report rport to tothe toIh tothe
the Ih bills making makin legal lea certain ctn investments investmentswhich iveterit iveteritwhIch inveatznohtawhich
which he said pld were wer introduced itruc for selfish selfishreasons selfishreasons fsh fshrton
reasons rton The committee commit cited ct as a an in instance InNtance Intance ¬
stance of this Senator Sator Marshalls Mahals bill bi to toadd toMId toadd
add to the list lit of savings svins savlngsbank bank blk Investments Investmentsthe InvMtent
the first frt mortgage mortgae 5 lpercnt percent bond bond of the the1tica the1tica
1tica 1 tea Clinton Clnton and andBlngbaton Binghamton Railroad RailroadCompany RaIroad RaIroadLm EailroadCompany
Lm Company n the payment of said Ild bonds bondsprincipal bonds1 bonds1prnipal bondsprincipal
principal prnipal and interest Intrt being beng guaranteed guaranteedby guaranteed guaranteedby
by b tho Delaware Delowa and Hudson Hudon Canal Caal Com Company Compy Cornpany ¬
pany panyThis py pyThl This Thl bill bi says sy the report rport was w Intro Introduced intr Introdueed ¬
duced duc at the reinedt rllEt of persons ptfon owning owningIncreasing owIl owningome
Ime ome of the these hond with lh the sle sole objeetot objeetotincreasing
Inoreln Increasing tho value of their tllr securities securitieswithout srtt8 srtt8without securitleewithout
without any regard rgl1 to the Interests Ihteret of sav savings sa saInjs salogs ¬
logs Injs banks banksPresident baks baksPrsidnt bankaPresident
President Prsidnt Sobieren SohJer In his hi address addrs salt saltthat Ml saidthat
that the t Fear ye 1003 11 had h shown show en a increase increaseStates incr Increaseof
or 00000 In the number of depositors in the theSttes theStates
0000 t depitor
States Sttes savings svis banks baks The Tb increase Inr8 in intotal IntoW intotal
total deposits In i 1903 183 was Wi only 19000000 19000000the 39000000the 0000
the th amount dePit ount of o withdwal withdrawals in that year yearbeing yearbeing
being hclo larger laer than ta in 1802 by b 12000000 12000000He 32000000 32000000He
He declared d1 that tt the to efforts eJort of some trust trustcompanies tust tustpompnle trustcompanies
companies pompnle retail rtl stores str and ad other oher1sttu oher1sttulions Institu Institutions botitutiona ¬
lions to t open savings svJngs departments departent with t the thehelp thehelp thehelp
help of op the t small smal steel stl banks were wer not notproving notprvi notproving
prvi proving successful tcful suceesfulThai successfulThee I
Thee Te new officers ofcr wore 1r chosen chol Presi President Pll Plldent Preaident ¬
dent William Wiia B Van Va Ilensselaer Rflr president presidentof Jrldtnt Jrldtntof
of the t Albany Aby Savings Svlnls Bank Bk Albany Abay N Y Yfirst Yfrt Yfirst
first frt vicepresident vl ldet James JBO McMahon Mcahon presi president prslIent pre prelent ¬
dent Emigrant Eigrnt Savings Bvn Bank Bl New York YorkSyracuse Yorlrod Yorkacond
acond od ylcprde yicepresldent EWI E4wari S Dawon DawonTTldfnt flawson flawsonnrMldsnt
nrMldsnt Qnondap lou couv t Syfn Syfnyraouae
TTldfnt Ononda Svnv 1nk 1nkRy
Syracuse Ry yraouae third td vioepreisiaenr vQrdet pr eIdent CharJflfl Cl E ETroyN E Bffannamh
Hnnmal ffannamh prmlt pxeaIcb3nt Try TrovSa1ngs Sn Bk BkTryN Bank BankTmy
TroyN TryN Tmy Y secretary srt Wii William O Conklln Conkllnork CII Conhltnsecretary
secretary tar Fall Frank1i avtege B Banc New Newyork ew ewok
york ok ork treasurer trlrr Sarmiel tv el B Styles Stylesuent Style pal paldent pxaaI pxaaIlentNorth
dent lentNorth North Nort River Saving vlga Bank B New York Yorkexecutive Yorkeetve Yorkexecutive
executive eetve committee for three thr years yearsAlexander Ylrs YlrsAle1Tder yearsAlexander
Alexander Ale1Tder E comtU Orr Or On president prldtt South Sut Brook Brooklyn Brok Broklyn Brooklyn ¬
lyn Savlrurs Svin Bank Charles CaJN E Snracue Snracueirenldent SprAf Spreaucpresident
president prldet Union UrloT Dime Savings Svlnls Bank Bk New NewRavings NewYor NowYork
Yor York Dvd David HovtJrtM Rovtsecestav Monro Monroe County CountySavlnJ Countyavlngs
Ravings Bank Ba Rochester ohPter N Y YLAKE YIAIE YIAKg I
LAKE IAIE SHORES GOOD REPORT REPORTCroM REPORTCrol REPORTCroN
CroM Crol Eamtnfi Elnll Rh Shw w an increase tn rale of of4OOeOOO oroONe ofstooooooNet
stooooooNet 4OOeOOO oONe Net Earning Elnll Gain GainThsj GainTe GainThe
The Te annual anual report repr of the theLke Lake Short Shortand Shorand Shoreand
and Michigan Micign Southern Sut er Railroad Rilrod for the theear the7ea the7ear
7ea 7ear ear ending Dec D 31 1003 11 was Wa made me public publicyesterday pUble pUbleyetray publiayesterday
yesterday The report showed showe that last lastrears lt lters lastyears
yetray rprt
rears ers business bualne8 wan wa the largest largNt in the thehistory
history histor of the road rod The gross earnings earningswere
were wer 134768082 14710 an increase Incr g0 of 4318760 4318760while 4318790while S187
while hle the te operating oprUng expenses for the same sameperiod le sameperiod i
expn
period ro show sbo an Increase IncroM of 16278 3506276 3506276A I IA
A large lrge proportion pro ron of this tla amount aout repre represents rpr reprocents ¬
cents nl outlay outay for improvements Improement and the theIncreased theInca theIncreased
Increased Inca cost t of maintenance mintnac of equip equipment equipnient ¬
ment The Te net earnings erings were wer 720000 10 tn tnf1c in inxce Inexcess
f1c excess xce s of those of 1802 11 and ad after paying payingfixed payingfixed
fixed txed charges chage to and ad dividends divdeds there remains remainsa rmin pyng pyngtxed
a surplus furlus of 1447ml 4471031 4471031The 4471031The
The report contains cntln a statement that
140000000 400000 prt of the new Issue of IOO 50000000
2 251tr 25 year 4 per cent ot bonds bnds have hae been bn sold soldand sld sldn soldand
and n the procoodn pr pr Ill used to reduce the tem temporary tm tmprlr ternporary ¬
porary indebtedness indebtne of the ruc company and andto andtl andto
prlr compT
to tl make additions ddltons to the companys compnys j prop propThe > rop ropertv
ertv frt
ertvThu frt1h The 1h directors dlr loriot of the Michigan Michiga Central CentralTUilroad Cfntral Cfntralnirod CentrallislIroad
TUilroad nirod met at the thO Grand Grad Central Ontrl Station Stationyesterday StUon StUont Stationyesterday
yesterday t rday afternoon sr rol and President Pident H B BIedvard Bl
Ledyard Iedvard l yad and ad others othes officers omors were reelected roelectedAt rlet I
At > the same fame time the directors dlltr of the New NewTork Newfok NewYork
York fok Chicago CIcgo tm and St Louis Nickel Nick A Plate Platereflected Platf Platereelected
reflected rflEte President P ldent CannifT Cnnll and Treasurer TreasurerCh Treaurr TreaurrlulK TreasurerCharles
Ch Charles lulK rle F Fox FoxJffPff FoxOR Foxvtg
JffPff OR MORE VOlE COLD GOING GOINGTOOOOOO 6010I GOINGsT000900
TOOOOOO I o at It t Once 0nH Besides Blifl the o3oe o3oeOOO s
OOO 0 La L Lorraine Lraine Carried < l d Yesterday YesterdayI Tute
I P Morgan Morga if kCo Co C applied appl applfedto ot to tho ho Assay AssayOffice A AssayOfike aT aTOnc
Office Onc yesterday yeeray for aIOO U5 3500000 of gold to tobe toM tobe
be chipped ahpp to Europe Erpp on n Saturday Stuay An Another Annther Another ¬
other firm fn of bankers bakel which dealreff delr that thatIts thatIt
Its It name should enld bewithheld b be wihhold withheld applied RplI tat tatIta for formore formor formorn
more mor for shipment hlpm t tin n Saturday Stutay and ad on
Tuesday TU ay It I is II estimated tlmated that Ulatbetwen UlatbetwenooO between betweenWnooOOO
WnooOOO ooO and ad 1700w1 17000 7000000 will go from frm here hereto he
to II the I ho other side sldo on Saturday Sura g and ad en Tues Te ¬
day I ILa i iLa 1L =
La L Tx lrln Lorraine > rraln of the e French line lie sailed sailedyesterday Ble sailedyesterday
yesterday teray morning morig with wit 9I000 9000pp In gold goldhare golda
hare h a and ad specie Ile locked looke In I hersteolwallod hersteolwallodstrongroom ber her st steelwalled steelwalledtrongroom lwole
strongroom trongrm The Te treasure trr was Wa taken takendown takendow takendown
down dow to the thl ship alp on Wednesday Weesay afternoon afternoonIn ateron ateronIn
In six lx trucks trck containing cntaiig respectively rptvel 80 3
20 2 U 19 sa 3 and ad V 0 kegs keg each weighing weighingabout
ec welhmg welhmgaut
bout aut 200 2 pounds pud When Wen the last lt keg ke was wasstowed wa wasstowed
stowed Itowe the steel etl door dor of th the strongroom strongroomwas rng ln lnuloke
was uloke locked and ad the only on two keys key unlocking ulocklnj
H I were er turned ture overto ovr to Capt Cpt Mix Alx and ad Chief ChiefOfficer Cief
Officer Olcr Blanquin Blanqul The Te room rm will wl be b con constantly cn cntonly const4ntly ¬
stantly tonly under undfr guard on the voyage After Afterthe Afor Aforthe Afterthe
the hip docks dok gar at a Havre Hav the te kegs ktpwl kegewill voye will bo bpt bptabar put putaboard putaboani
aboard abar a a special IpEla train t and ad taken take to Paris ParisIA Pm
TA T IA Lorraine Lrin is I one onl of the swiftest Ilftt ships fhlpi in inthe inthe
the Atlantlo Alato service seI0 So S much muc gold never nevertravelled
travelled trTle on one ship ahp before beforePURE bfor bforPURl beforePURE
PURE PURl FOOD DEFINITIONS DEFINITIONSternary DEFINIfIONl DEFINIfIONlkrf DEFINITIONSReertary
ternary krf Wiltons 1111 Commit CmIUH Committee Hers Bte Put Pnttine Pt Pttn Puthug
tine tn Up toe Bart BartTh B Ban BanThe
Th Te The committee cmitt on food fo standards Ira ap appointed appinte appointed ¬
pointed pinte by 1 b the Secretary St of Agriculture Agricultureto Aclur
to fix f standards etr of purity ptt for foods loa met metyesterday me metYesterday
yesterday Yteray at a the Hotel Hotl Walcott Waltt The Te com committee om ommrlttM cornmittes ¬
mittee mrlttM has b prepared tentative tentive definitions definitions2r defnltol defnltolhI
2r hI of JJVty jrtl for prprd various vrou food to products and ls lsholding l ldOll
pruc a
holding dOll a series ere of bearings for those who whodesire wboMr
desire Mr to t discus disi the hel standards t and show showcause showcuae
cause why wh the definitions denUon I should Mol a not aow aowatU bs bsAdopted b beadopted
Adopted atU opte Yesterdays YNery session on considered consideredn onde
the th la of iyrupa ad and flavoring ex
trc Iracs Te Tb n > committee cmmite Irp meets met tvorq today ta at
10 o oclok oclock clock for further furhr bearings bearingsIMdVt hn hnIdt bearingsfltdnt
IMdVt Idt Lets l Hoeh MI by b mstbtoMlil mstbtoMlilSchedules alld alldIkhfu ftthse0lldSchedujee
Schedules Ikhfu In bankruptcy bkrptC of Michael MichaelAbrms Michal
Abrms A r manufacturer mutaurr of psttlooaU pl at a 97 97r 0 07ete
Woe < ete r sr street tre t show Ic ItabilltlM lllll IiabllItlea6034 aOM O and andralnal ad admib anda
ralnal mib sts a7 of which a partIs w wI
l 1 1 otwblc r rr r
cash In I the Federal nde Bank 1 r
r r
r p
GOSSIP 6D80 OF c WALL W LL SrIEEr SrIEErc STREET STREETA
t r r1popr
A forproportion 1popr Irge proporti 1 of f yMi yesterdays rd ri wlllm
Dot not only onl to I Steel Stl preferred Prtere 7Nery1q but throughout throuebouthe
the acve sct4ve actT tlct Ut wu traceable toab1 more or less
director dlrectli to bearish berb aovrc 10c soizzces It I was u the te oplnloo opln opl
Joe Oi of conservative Otnathe board bo room rom obser obltrla obltrlatt observers observersthat cri crithat
that tt if the abort aor wiling ln In 11 the tbe days trans transactions traoaaclOI traceactions
actions aclOI could culd be cast Oat up In on Oe ose column colum and andtno ad adtbe andthe
the real selling slnc In another that tbt which wai wairtaliwould w wfalwould was wasreaIwould
rtaliwould falwould seem Inaljnlncant InaleUlcant by b comparison comparisonOn cmpaison
On authority thorty such I c u U juuallr ualy very ver trust tnmworthy trat tratwort trustworth7
worthy wort In I ttes e matters 1ttl the statement satmtt wa wamade was walmde wasitiade
made after rer the close clOe of the market maket yesterday TeterdlY
tnatone thatonubor short line lne of no lea Ie than 60000 IOabare to000eharae to000eharaeembracing shares sharesembradne
embracing embracnw various variou active acie stockg had ha beet beetput hen henput beenput
put out by a abear bear clique cique composed comple principal principalof princpaly princpalyor prIncipallyof
of Western W stom ter men Jt I Is the same 8me crowd crowdevidently crowdeVident crowdeWdently
evidently eVident that has l b s figured Ilrurf prominently on ortoo onto
too to bear bar aide of the market from promlnenty time thle to time Urrwdurlnc
during durIn the past twelve months It I baa ba been beerrery beenvery
very 11 successful luoHuln ID some lom of Its It bearcawpalgn bearcawpalgnand ba bear clnlp clnlpAd campaigns campaignsand
and Ad Its It reappearance rtappearlo In a militant Iltlnt bear bar rob r61was rblo robwas <
was 11 the subject luJect yesterday yesteray of extended oxtode com compent comment cornmacnt
pent ment Tho abort IhorselUnc selling Inyestcrday1 l yete r a market maket
however hOIovr w was s 1 not all 1 of this origin orML A good gooddeal gooddeal
deal of It appeared oppeat appear to t emanate from purelY
lnana
Wall Wal Street souroes eourOe Tho slUoe fflo otrdln otrdlnelment trading tradlnjelement tradingelement
element elment contributed cntrbut to It freely There Ther was waihardly washardly u uhrl
hardly hrl ao a officeintjie ofo oNce In jnthe te Street Stret having hlIJIa specula speculaUve IPeculot gpeculativo
Uve t e clientele cleltel in which bla Iich clients clent who bad beet beetlong ben benlo beenlong
long lo w of ofitocka stocks atock did not not sell 5el9yt put aod go 0 short shortThe ebor abortTb
The Th Tb borrowing borowiJ demand for stocks et ork in tb tbloan the tbolon theloan
loan lon department deplrent yesterday afterno6n aCer06 aCer06lld ntterno n was waisaid wasraid
said lld by b some brokers to be the largest thai thaihas that thathl dietbaa
has hl developed devlop at any Y time tme since Iinc the practical practicalelimination priclcl priclclelmlton practicalelimination
elimination elmlton of he short bor Interest on the ad advane advnc advance <
vane vnc following tolowlnl the Northern Norer Securities Securtes
decision decslo de lalop Veryfew Very f few w stocks stock were Yfe returned returnednnd ret returnedand
re
and renewals rtnewal were heavy showing Ibowlic that the thedemand thedemad thedemand
demand demad previously preTloUly reported froin day to tcday today today
repole JOJ4Y
day during durii the past pat two or three trto weeks wCk had hadnot
not been beEn materially materaly reduced reuc Most of the theactive theclTe theactive
active clTe stocks Itook were borrowed borrowe freely at 1 and andll andI
ll I 13 per cent ct Whereas Where the call cal money rate raUhad rat ratebad
had ha advanced avac during the day to 2 percent percentthat pr percentthat ent entthat
that being beln in fact the prevailing prevInl call cal rate rateThere rao raoThere rateThere
There was wa a very ery active demand for Union UnionPaclflo Unionpalno UnionPaciflo
Paclflo palno at I 1i4 A per cent nt Judging Judlnl from the thercale thoclie thescale
scale clie on 01 which this stock stok Is I being beln borrowed borrowedthe borowe borrowedthe
the present prelEnt short abor Interest Interelt Is I the largest hlrlest that thathas thathal thathas
has existed ellt at any time since olno the bear crowd crowdwas uowdwa crowdwas
was wa so badly squeezed eQueez on the advance advnc to 80 80Pennsylvania 8 00Pennsylvania
Pennsylvania PEnnylnla was heavily htDvl borrowed borrowe at 1 per percent pr prcnt percent
cent cnt The ruling rulni rate for Steel Stel preferred preferredwas prelere
was 1JI per cent There Tber was Wa a big bll demand demandalso demandal demandalso
also al for Atchison Atisol The Te Inquiry for Consoli Consolidated COllol Consolldated ¬
dated date Qua disclosed disclo a surviving unfjle short ebor Inter Interest Iter Iteret bitereat ¬
est et in that stock stockThe stockThe stockThe
The bear bar contingent contnlont to whose account accounta acout acouta
a large proportion proporion of yesterdays Totraya selling sellingwas ailna ailnawas sellingwas
was traced tac i Is the one whose whoe practice practce of bor borrowing borrowina borrowing ¬
rowing stocks Itock privately prvatly by telephone tlephone was wasreferred wasreferred 1
referred reer to t In this column clum yesterday eera morning morningThe morlnr morlnrThe morningThe
The full ful extent etent of the new short Interest Interesttherefore Itrlt Itrlttherefol interesttherefore
therefore therefol was probably not reflected retec in I the thetransactions thetraocton thetransactions
transactions traocton of the loan 10al crowd yesterday yesterdayafternoon yesttray yesttrayatroon yesterdayafternpon
afternoon afternoonAdditional atroon atroonAddltonallarae afternponAdditional
Additional Addltonallarae large amounts l t of otSteel Steel preferred preferredhave preferredhv preferredhave
have hv been returned returne to the lenders this th week weekbeuvy wek wekhelvy weekbeivy
beuvy helvy deliveries delverlel being made on Wednes Wednesday Wdnelday Wednesday ¬
day and anc and yesterday yettray from which it Is inferred inferredthat Inerre Inferredthat
that tba Important Import short ahor contracts contract have been beencovered beencovere beenovered
covered covere Very ery recently recnUy Deliveries Delverloe of stock stockare stockare tok tokae
are ae said Id to have hv betnmade beenznade been made In some lome quarters quartershowever Qua quartersbcuvever rs rshOever
however hOever without having have been ben preceded precee by bycorresponding bycopodll bycorresponding
corresponding copodll covering coverll operations opratonl In the theopen theopen theopen
open market and certain of these thff triansao triansaoa trinsaohave
eern trso trsoth
th ta a have tended tnde strongly to confirm confrm the thebelief tbebler thebUet
belief bler that tbat sellers etlera of long 101a stock Itok on o a higher higherVfice hrher hrher1rlO higherwle
Vfice 1rlO wle level borrowed borowe boi + owed It t to make mnle deliveries deliveriesholding delvere deUverleehodidg
holding boldl i their thelroirn own ow back and thereby thprtby creat creating cat catIna creating ¬
ing the appearance of an al extended etnde short ehortinterest shortIteret shortinterest
interest Iteret In that case ce it would oul be Interesting Interestingto Intrtnr Intrtnrto
to know with wit what hat motive motle luoh such sellers elera have havebeen hve hvehen hvebeen
been hen delivering out the actual certificates certificatesduring crUlctee crUlcteedurlni certificatesduring
during durlni tho lost lttewdo isetfew few days If J alone aona with wih the theselling tbeseln theselling
selling seln a against aranst holdings holdlnla of actual stock a acertain acertin acertain I
certain certin proportion propoion of short shor stock ltok had been beenput brn brnpu beenput I
put pu out then tbt it might mllht be an object objet suddenly suddenlyto
to deliver delver out the long loni stock thereby I therebyweak therebyweakening htrtby weak weakening WNk WNkenina <
ening the market mket and ad facilitating lacltUnl the coyer coyerIng cover coverWi coverfaa
faa Wi of short shor contracts contactT fiat t is l one oe of ot of the theexplanations theeplaton theexplanations
explanations eplaton offered offeredOates otertd otertdOatN offeredhates
hates A r Co C11 said last lt laatnight night The market markethadal markt marktdal marketuda1l
hadal dal the the ap IP avXtrnoe eara0c rlot today of a drive driveagainst dlV driveagainst
against unllt the th StceU Stce and other vulnerable vulnerablestocks vlerable minerabletoc1tsfoT I Iltcs
stocks ltcs toc1tsfoT for rO the 1bl purpose pUTos pf ofsOuc acquiring Amalga AmalgamatedCoppec Amea AmalgimatedCoppaz
matedCoppec at Cop and CmfsotldafeJ sUdfl Uas UasJacob UasJacob i iJacb
Jacob Jacb Field who returned rune this week eek from fromabroad froml fromAbroad
abroad l r4 Is I J JelJved > eu ltne > Yed tp f be active etlTL in Arnale Arnalemaied Analgamated
mated ma Copper Cppr His HI return tur was U Af directly directlyfollowed dreUv dreUvfolow dtrectiyfollowed
followed folow by b asharp a shr share adTancain adnoci the tl stock stockon stck stckon
on Wednesday W eay Gates Gats 4 Co o have been beenrather beenrtber beenrather
rather rtber prominent promient in the stock etok of late lat princi principally prine prinetpally ¬
pally nlT on the buying buTna side At one time tme yester yesterday yesterday csler cslerda ¬
day da Harry larr Content Contlot vase f8 reported report from rroi the thefloor theoor thefloor
floor oor to be bidding btddlni 40 for any ay part pat of 10000 10000shares 100 10000shares
shares The stock Ick was conspicuouslystrong wa wasconspicuouelyatrongthroughout conspicuouslystrongthroughout cnsplcuusly strn strntluabout
throughout tluabout the thi session saloo closing dosln unchanged unchangedfrom uncblio unchangedfrom c
from Wednesdays Weucy final fnd quotation quotationSteel quouUa quouUaSteel quotttionSteel I i
Steel common ommon made ma4 niadethe the new low 10 price pricerecord plo pricerecordyestdsyof
record rtCrlI recordyestdsyof yesterdayof ies nar of 9 la a shore ebae and the ib8 pre preferred preferre preferred ¬
ferred ferre stock ltck suffered auee a further furer decline declie to toSljf 10U
Sljf 51 U or to t within wti 3 points plnt of Its li low 19qer record recordprice recordprice
price I It closed clos but an a eighth elalh better bete than tl th thlowest thlowet ths thslowest
lowest lowet showing Ihown a net nt loss 101 for the day of i iper H Hpr 1per
per pr cent cnt Currje Bros Bre and W T Urda Urdawere Urdee 7lydowere
were e active actve again aan yesterday TNtray In the te common commonstock ommon ommonBtck eammonstork
stock Btck making 1klnc it sell II at the te new IW low record recordprice recr recordprice
price pic Both Dtte the buying and ad selling elna orders ordersIn
In the thf preferred prtferre stock ltck were wee distributed dlslrlbuto In so soskilful a soskIlful
skilful Bklul a manner maner that tat It was wa practically practicallyImpossible pracUcUrImpalblo practicallyImpossible
Impalblo Impossible to t trace tac Important Imprtt operations operationsto
to any an source lurc Commission Cmmluloo house houl selling sellingwas sln sellingwas
was 8 apparent appnt on a larger laer scale lcle than ta perhaps perhapsat pebapl pebaplat
at any previous stage Iue of this tl decline declne New Newbqrg Ne Nebr Newbore
Hess were heavy sellers in the forenoon forenoonputting forenoonputtint
bore br a He wtr heav Uel I te forenon forenonjlitt
putting jlitt out possibly pllbITIOO 10000 shares Bhael The ThaFalrbalm TheFarbar TheFairbairn
Falrbalm Farbar r Billiard HIUar selling aelnc was thought touIM to tobe t tobe
be rather rate significant slcllctThat That firm frm has ha boon baonprominent ben benprmiet boonprominent
prominent prmiet as a 5 seller IUen of the te stock stck off ol and ad on onfor onfor onororne
for ororne some lme time tme post pt It I was continually ontnuaUy being beingasserted belneerte beln belnasserted
asserted erte yesterday ctra purely purl on boardroom boardroomauthority bard board room roomautorlt roomauthority
authority autorlt that tha the remainder reinder of Mr lr Schwabs SchwabsUnited Scaba ScabaUnite ScbeabaUnited
State Steel holdings were were In
United Unite Stat Stel hollnll process procenaof POO POOot processof
of liquidation lquiaton The he sheer sher persistence pe1llt ce of this thisreport thisreport lII
report has h been 01 its Ia chief authority uthorty As a amatter amatttr amaUct
matter rert matttr of fact ft persons perlDI who wh kit are rlvery very close closeto olole ololet
to t Mr Schwab Shwb and who whl would wuld probably probablyknow p pmbeblykn bablr bablrI
know I kn w w If lfibwe jie ereio > ere selling i ln say ly ay thatll t t t would ld bo boImpossible bl blImplble heImpossible
Impossible to t trace tr 1000 10 shares Shll of theevent theeventsilling the kgpent kgpentselling ent entItlnl
selling Implble Itlnl to t his personal prna account aCuntHe He Is not notIn notIn notiii
In NewYork at the present prsfnt pressnttimo time tlne but Is I i ex expected expt i ipected ¬
pected pt to t return Tetur shortly shortlyThe e eTbe shortlyThe
The selling IUnf yesterday atray < of foth f other steel a l stock stocknotably stocbnotbiy stocksnotably
notbiy notably Republic Republ0 Iron and ld Steel Stl preferred preferredind1 prferre preferredand
and Tennessee Ten Coal Coa and nd Iron Irn WAS wla thought thoughtto tbouabtt
to emanate otoat largely 1rely from the same elml quarters quarterswhence quatr quatrhec quarterswhence
t whence hec have hTe coma Cme Rome of the principal principalidling prlcva prlcvau10C principalselUng
la United States Steel preferred preferredDladwln preferredOladwIn
idling orders i ote 8ttc Stl prferc
u10C ort
Dladwln Wrtna Wr Bros and ad Blssell were wer the theprincipal thoprincIpl theprinciPal
01wl princIpl principal sellers e of Republic Repub1 Iron Iron and Steel Steelpreferred Stl Stlpreferre Steelpreferred
preferre preferred Thamain Te The main bear blr argument arlmet on 01 the thestock theatck theplook
stock Is that It compares unayorably Inorably with withUnited withUllt withlinited
United atck 1 States Stte tat Steel Sttl compre preferred preferrfthe the latter latterpaying laUtr laUtrplnc latterpaying
paying Ullt 7per Tpr 7 per cent and selling selnI doc cC o to 60 and and1tha ad adtbe andthe
the former foner paying nothing ntha and Mil Mlnl selling Ing around arould
10 0 Gates 4 Co C made madea a show aho of supporting supportingElepubllo Bupprng BupprngRublo supportingRepublic
Republic Oat Iron r and Steel Stel preferred pefere buying buyingIt bllnw bllnwit
Rublo It openly but Irn they tbeywere were wer reported report to be selling sellingauletly Idlnl aillIngquietly
quietly Borne r thought tboulht the tbee setting nc yesterday yesterdaywas ckrdy ckrdywa
quet pool liquidation liquidationTha llquIdatonThe
wa was suggestive IUlatv of pol lquidaton lquidatonThe
The b bear ar contingent contingem3thaa ntn has ba exhibited exhibie exhibitedchant a pen penhant pn pnchnt
chant lately for attacking attckln active Ictve stocks etJs Im Immediately I Imeatr Iramediately ¬
chnt mediately lat upon their selling slll exdividend exdividendThe udvdeud
meatr The most notable notble example fnmple of this recently recentlyaa recenty recentya
was aa la Steel preferred the t e bear ber campaign campaignJatlng campale campaigndating
datncfrm dating a I from St the he day it It sold Bld exdividend nlvd8nd I lper Ipr iper
per cent ent the thnextflothble next notable notble Instance Instlt was a in inPennsylvania In InPelsrlvaJ tr trPenneytvflI
pr PelsrlvaJ Pennsylvania when 1b it 18ld sold exdividend 3 3er 3pr 3per
yesterday It was U Atchison Atchisontelling tcbjinselling
per > er cent and l d traY Atbl AtblleUl
telling pr leUl exdividend elvldeld 3 per percent percentThe cent centThe ceDt ceDtThe
The Erie report report reportrhowlnl showing Ihownc a deficit detdt of ofIt ofstisosai
stisosai It 1 < m SW for the Match quarter qurtr had no great greatiffect greateffect t tee
effect 0 81 upon the stock ltk which wlcb probably proablr would wouldlave wouldhave ould ouldhve
ee have lave lost upnthe the th X l per pr cent cnt It did lose 10 mi without withoutha wihout wihoutthl withoutthe
hve the ha report reprt for traders tder to t sell lel It I t on A great greatnanr greatmany re t tmr
many mr Wall Street Stret people pople seem lem to t have hav access aooensadvance ao aot accessto
to advance Information of the Eries Erle riea earn earrings ear earnlags ¬
t lags ngs aYDcelrorrton The companys cmpalyl reports repor are ae found foundOmost loundaOlt foundalmost
almost aOlt 111 Invariably Inrbl to t have ba been be discounted discountedn diute
11 in n the te market marketAn mrket mrketAn marketAn
An active aoU professional prfl o element elemelt and aD also alsot alsoIt 11 11It
It t U said l a large Jr political poUUo contingent contlcant have havewen he hebD havebeei
beei wen whlpsawed wblpwe more mor ways wa in I j Consolidated ConsolidatedM Cnloltd CnloltdG
Gas bD M during the put lew aw weeks ek than an would wouldteem woud woudm wouldseem
duc te
G teem m mathematically mtmtolY pt possible Following FollowingU FolowIa FolowIai
Wednesday the theitoek theltk thestock
bewildering gyrations on
its U Irtol Wedeey
stock i bwdr adranoed IX I points pll on the opening openingrealardar Ipnloc Ipnlocye openingyeatsrd7
ltk realardar ye avl0d and ad then the broke brok 2 points plt to t J03K J03Kinder 303 303under 3H 3Hnndlr
selling for the short account accountJoe accountOn onnt
under nndlr active 111 te Ihort l <
On Joe bouse bOUlld actv sold lOJJ 10 10hrel hajre b In the early 8rlr tried tradag trd trdI triedlag
01 lag ag whloh hloh to I known Iow to have bv been bn for short shortlooouot IbortaoUt abortaooout
looouot I This Tla selling Hlle wan wn bated buN upon upn prl prlraM pr pcit
aoUt raM t information IlformUon Out tt HOT 00 Odell Olhl h had rt vetoed trtoedhe vetoedthe td tdbe
the he B Tismeen msenTIII bD bill and that the announcement InI0Un men
r
WM Wa betet b biIiwih2mbidAftsri withheld Altsr It Ii bid hadMn J > 4wn Ir Irtri r rportofl rp
ttr b
portofl p te1i frofa tri remamnyoijubut Albany AJ notofficially O i1ut but MI MIpattfrofnvwa as a atr aattr
pattfrofnvwa attr tr of n zisis that a tbvtaUl tb8 the lll bad b d been b rctotd rctotdCootoUdatod nt vetoe1ouaohldstid
CootoUdatod ulJtd Qu be begs nVto t to Advance TDC eentl eentltionally sn1tionshly n ntnl
tionally tnl and d In the tte late lat afternoon anerO It sold fl4 a ahigh s shigh
high hlbas210 as 210 This advance adYDOlt It was we 1 said I > was wsialmost wasalmost
almost lmOt wholly whol at t the expense UJnle of tb the abort tfoorInterest abortinterest
Interest Intrlt Brokers Brehl supposed eupposd to be b acting actlnifor ctn ctnfor
for Interests Intresl Idontlfled Id ntnld ntIfld with wlt the thf property propertwere prpry prprywer propertywere
were wer the principal prcipal buyers buel as they had beet beetfor bef beenfor
for several eevral days dlya the 1h difference duerno being bloc thn thnyesterday that tbntrltrday thatyesterday
yesterday rltrday they began ban to t take tke the e stock a k opnb opnbbiddla openly openlybidding openlybidding
bidding biddla high for i II whereas heen formerly fOJerlthey fOJerltheyhad the thehad they theyhad
had been bcen buying burii it on 01 a scale Icale down d n wjthou wjthoubidding tbout tboutbidding tboutbidding
bidding for it There Tere Is a great rr deal o ocuriosity of ofcurloaty ofcuriosity
curiosity curloaty to know how tho politics pltlal element elemcnIn elementI elementIn
In I the stock has hll fared Persons PrOI Persons who whopolitical wbol whose whosepohiUcal
political poltcal Information Intormlton Is I usually ulualy trustworthy trustworthbarn trtworby trtworbyhaTe trustworthyhave
barn been OlnotorloUI notoriously wrong wro on this thi Item Itemsen itemsen lm lmBen
sen bill bl matter mater at at Its various varou stagra tai Then Thenwas Ther Therewas
was heavy short sbor selling selna of the Oe stock t by BI BIuptown an anupt01 anUptown
uptown upt01 crowd on In information Inform ton that the te Mayo Mayowould IIITor IIITorwould Mayorwould
would veto t the bill In tho to lost few minute minuteof mlnutesof lu luor
of trading t radii yesterday yestrday tho stock ltck broVofron braVo from rom
210 to t 203 08 on fourtrnnnacttone four tranlactonl of too 10 shares shnreeach Inll shareseach
each ech It I closed Bt t 207Kr 207showlni 20fl4ahowlng > showlng a net tll gain galifor gainfor
for tho day dIY dayp pf tX 8 X percent percentPost per r cnt cntPot cent centPoet
Post Pot tc Flagg IBi were large lu buyers buyer of New KeiYork NewYork ew ewYork
York Central Ceotrl yesterday eattrday The Te stock etok was 1 con conspicuous con coneplcuou conspicuous
spicuous eplcuou for an I advance dvaoc of Ik I per pr cent centnotwithstanding cnt cntnotwlthstndlnl centnotwithstanding
notwithstanding notwlthstndlnl the now issue laue of debenture debentunbonds debnture debnturebonds debenturebonds
bonds There had been lot of selling
Ther bn a sllni rre rreviously imviously r
viously vloulY tothe toth announcement annoucmEnt of this thl financial flnanclaoperation fancll fancllopraton financialoporstion
operation opraton and the advance advanc of the thl stock stk stkteday yen yenterday yeaterday
terday teday was wl At the expense npnse largely laalv of a short shorinterest shortInterest
interest I te rst The Te floating totli supply uJpl appears appar to bi birelatively be belatnllmln berelatively
relatively latnllmln latnllmlnHALSTEAD small smallHALSTEAD amsilIL4LSTEAD
HALSTEAD TRUST TRUiT FUND SUIT SUITOne SUITOne SUITOne
One of the Principals Plnclpll Dies Dt mile Wle the Oil OilIs Case OueII CaseIs
Is Being Deln Argued ArguedPOUOBXKKFBIB Ape ArguedPonouxaxpaig
POUOBXKKFBIB P010BKUPBIB MaT 12Wle 12While While lawyer lawyerwere lawycl lawyersweye
were w arguing before btor Surrogate Surrgte Hoysrad Hoysradthis Hoysradttide
this t afternoon atron argng the question qu ton of o the laity laityot liabIlity liabIlityof llabllit llabllitof
of John F Halstcad Haatead a wealthy wHty retire retirebusiness rtr retiredbusiness
business bulne man mn of New Ne York for the acts at o oRobert or orRbrt ofRobert
Robert Rbrt F Wilkinson WIklnon his hi former formr ootrust ootrustunder ott cotrusteeunder
under uner the will wil of Charles CarlN J Buckingham Buckinghamthe Ducgham Ducghamthe
the death deh was wa announced anouoo of Charles Carle H HBuckingham HBuckingham KBuokiagham
Buckingham one of the principals prnelpn in th thsuit the tbesuit thesuit <
suit which wbcb may m make mke it necessary ne to star stara strt strta starta
a new action actionAfter actionAfter
Bcton BctonAtr
After Atr the te sudden Budde death of Robert Rbrt F FWllkfnsona FWUklnona FWllkinsona
Wllkfnsona WUklnona prominent prmnent lawyer lawye from frm torn Pough Poughkcepele Pogh Poghkcple Poughkeepole
kcepele kcple in England Egland a year ye ago it was wa said saidI saidtbat saidthat
I that his hi estate et was wa Insolvent Inolvent with wit liabilities liabilitiesof liite
of about abut 300000 10 and assets aMet of between btwe
40000 1400 and 150000 10 An investigation investigationshowed Invetgaton Invetgatonshowe investigationshowed
showed showe that tat trust tt t funds of which b Charles CharlesH Cle
H Buckingham Buckingh of Poughkeepsle PougbePe and Mar Martha Mr Mrtha Martha ¬
tha V B Wood Wo of New York were wer a bone beneof bne bnefclar boneties
fclar ties agggatlg aethig abut about 100 130 000 Yer were weremissIng
missIng w the a exception of 10 3O000 In Inseurte insecurities
wit
mlslnp ocpton o
of seurte securities claimants claimantsAfter climt claimantsAfter to which ter there wer were a numbr numbrof number numberof
After proceedings bad b been n taken to tocompel tocompl tocompel
Ater Jrolngs hd ben te
compel Mr r Halstead Hatead to t make good goo the theshortage tbeshorte theshortage
me
shortage shorte compl he testified ttUe that tt in 1898 18 189 be per personally personaIy ¬
sonally examined the securities lerlte ot pr prsonay tho thotrust thotrt thotrust
t
sonay trust trt funds fuds exmne and andfound found foud the te whole hole amount amountof
of 11300 130000 intact Intt A motion moton to resubmit resubmitthe rtubnt rtubntthe resubmitthe
the question of Mr Halstead1 Halts B liability liabilitywill lbity lbitywI liabilitywill
next wI Iext will bo D queton week weekL made me before befor Surrogate Surga Hoyeradt Hoyeradtnext Hoysrdt HoysrdtIext Hoyeradtnext
wee weeL
L AN r 1 i N SYNDICATE SrXDIATB TO DISSOLVE DISSOLVEFront DISSL1E DISSL1EPront DISSOLVEIroflt
Front In IodenvrltlnK lJder1ltnltbl the 3OOOOOOO 3OOOOOOOof 30000000of
of 520 aO aOJ 20sJ
J P Morgan orga Co announced anouc yesterday yesterdaythat yesterdaytht yesterdaythat
that tht the syndicate lyndlct which had ba underwritten underwrittenthe undenten undententhe
the to0 30000000 520 IZO Louisville Lunll and ad Kashvillo abUe ashvlllo
4 per cent cnt collateral colntral trust trt bonds bond had com completed complet cornpleted ¬
pleted plet its Is work and ad wan a about to be die dissolved dg dieolved ¬
solved ohO Of the te amount amout obtained obtrne from fromthe trm trmthe fromthe
the sale sle of the bonds bond Uio railroad rro company companyused cmpay companyused
used 111000000 100 in paying pAyig off ol of a mortgage mortgageon mortal
on u tho to North Norh and ad South Alabama Abm road roadand rad radand roadand
and In discharging dihargin other Indebtedness indebtednmsThe Indebtednf
The Te rest ret was Used ue for betterments bttenent and ad tho thodischarge thodhrg thedischarge
discharge of other indebtednesses indebtednessesThe Indebte lndebt dhesseo dhesseoThe e
dhrg oter
The understanding undertdi In the te Street Stt was u that thatthe thatthe thatthe
the syndicate dlct bad ba got the bonda bond at W eY 9234 9234and > J Jand
and hod hnsoldabut hadsoldabout sold about half hat at MXandthe a < t rest restat rt restat
at KX 9Y The To ByndfcAWtias lydt yndfbhed < h t97a been ben Inexlst Inexlstcnop Inel Inelen lneileen00
cnop en a little ltte over 06 a yearU yearUSTEEL yeal yeai yeaiSTEEl
STEEL COMMON AT 9 9A 9A 9A
A W Mellon Melon It I II Understood Vndn Vnderit od Will Succeed ISueoeedSowab SucceedSchwab SueoeedSchwab
Schwab Sowab al a Director DirectorTh Diector DiectorT8 DirectorThe
Th T8 The common cmmon stock stk of the te United Unite State StateSteel Stt StatesSteel I
1 struck low lowievet level ¬
Steel Bt Corporation Crrton etrck a new yes yesterday yea yestorday
terday trday At noon non it was wa selling at a 0 which whichwas whichwa whichwas
was wa against agamst 9X the previous prvou low level which whichwas whichWM which14aa
was WM reached reabe on Wednesday Wen y The Tepreferr preferred preferredetock preferredstock
stock stok declined delie to t 52 5234 but this tbl caused cusd no noparticular nopricular noparticular
particular pricular comment cmment 5Y as a the to preferred preterr sold soldat sld soldat
at 4BX 49 493 last lat fall fallIt fal fallIt
It I Is 1 pretty prty rctty generally eneral understood udeltod that thatA thatA
A W Mellon lelon S ellen who wno < is II the president preident of the thePittaburg thePlttburg thePittaburg
Pittaburg Plttburg Reduction Ructon Company Cmpay manu manufacturers mau maufacturr manuacturers ¬
facturr facturers of aluminum will wi take tke the th place placeof plac
of Mr Schwab Shwau In the companys board br of ofdirectors ofdireor ofdirectors
directors direor Mr Mellon compys is spoken poke of as a nn nnintimate nnIntmate anIntImate
intimate Intmate friend frend and business bu ne associate ocate of ofHenry ofHenry ofHenry
Henry C PrIck FrickMARINE PrIckMARINE
Frck FrckMARNE
MARINE MARNE ITELLiaENCE ITELLiaENCEUINATCai IVTELLI WE WEIlrll
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Apche UndaICUy JlaadalTCtty andalTCI y yeartns Swansea SwanseaPara IAe APrl APrlCerl a aI aJanus
eartns eartnsISud Para ParaGalveston pa Wy 1 1YISd
Cerl Janus ISudroquoU Galveston GalvestonJacksonville Oaht4In osivestonStay It 1 1lrquol 7Kansas
YISd roquoU roquoUCanaaa Jacksonville Jacksonvillesavannah laISA1Ie ly 10 10Ka
Canaaa lrquol Ka City CityTampan Cly savannah savannah0u Svana y I 11 1113u
0u D Tfmwrov TfmwrovLiverpool To ToCmpl Tori r ° w wPhIladelphIaSout
Tampan la lablladelphla Liverpool LiverpoolSouthampton Uvtrl Mar Va 7 7May 1pbIAdelpbl
Cmpl pbIAdelpbl PhIladelphIaSout blladelphla blladelphlalalla Southampton SouthamptonNaples Sulbaptn amplen May 1ay 7 7Ity 7m 7Palalla
Palalla lalla lallalekla Naples NaplesChrtitlansuid t tHekla
m m mIao
lekla lekladaho Chrtitlansuid ChrtitlansuidHull CtiTiitISflSSdAp tt I Isy
daho dahoercnant Hull HullHavana HII Wy sy I Ia 1Stay
Iao Havana HavanaNassau laval 1fa Stay II IIAIII
a Nassau NassauDut Nau May Itto 10 10DI toDue
AIII Due DI 3unaot SIIdov May N V IS ISHavre 1 15IaBretegceHatre
IaBretegceHatre Havre HavreTrieste Va 2tay 1 1Wrbe 7Maribe
L Maribe BroeRve Ia Trieste Triestea Aprl I I 13 13MererranIPetece
Wrbe MererranIPetece ercnant nl Prince PrinceinOottardo pnnco a Barbados BarbadosGibraltar Babdo narbadosaT lly 1 1B
Werha 850 inOottardo inOottardolarao Gibraltar GibraltarBrunswick Cbralu 1 May I IAlao 1May13
B Oao
larao Brunswick Brnwlcl We1
Alao Ity of Macoo WaD Savannah SavannahOut SaD My May13 May13flu 1
Cly Out DI flu tlendav JOav May NII Mo 1C 1Clnorapolls II 15lInitespolb
lnorapolls London Londonovlc LDdol Uay UayBvo 7 7Ilay
Wtltapl ovlc Llvenwol Llvenwolinlted Lvtrl Ilay ay I S SUnited
United Bvo mates Cbrisllansand CbrisllansandumeMlo CbrlaDd Way a aFumtlaOauow SFuriressiLilasrow
UDt FumtlaOauow FuriressiLilasrow umeMlo Glasiow Glasioweeland lly 6 6111 Ihay
eeland Antwerp Antwerpityndam 111 hay 7 7Irldm 7May
ityndam Rotterdam Rotterdamomu Ma May 7 7Cmua 7Ol15IMay11
Irldm omu New Orleans OrleansLfaracalbo OreS Ol15IMay11 Ol15IMay11Pt Ma 1
Cmua Mulb Lfaracalbo San Sn Juan Juanvlacara lua Wy I
vlacara 1Ca Mataazai MataazaiDut W 1 10 10Di
Dut Di Pt Tuiiitav TIV tSai Jt 011 17 17LsUerWIielmder IiKsieerWhn
Iwrhdm KsieerWhn LsUerWIielmder de dee GrseBremea GrseBremeaJreraen GrRrmel GruBrtmesMay20 GruBrtmesMay20Rreznen 1t 10 10Brmfn
Jreraen nremen nrementtllaato Max 7 7Mar 7hIctLsiti
ttllaato Brmfn lurbadM lurbadMI b Mar W l lMax eUltaoDIe Sii
UltaoDIe ii 1I I llcinonte Naulr 1ilA Max N I
OI OMNIBUS UU SHIPBUILDING SJBUIDlfG SUJ SUJBRACKETT SUff SUffBRACKETT SUIF1BRACKETT
BRACKETT AND VNTERMYEMAYBE VNTERMYE INTLRMYERMAIlIE
MAYBE nDE PLAINTIFFS PLAiNTIFFS COUNSEL COUNSELKavanaogh COUNSELKavansugh OUNSELanDIUlh
Kavanaogh anDIUlh Suit fDt In Saratoga 8aatOla County t tIlecovvr to toRfcoIr toRecorer
Ilecovvr RfcoIr Illi 11 Losses Lltl on fiends Dncl an anStock and andHloek andtoek
Stock toek Made Ilade Interfiling Inteulln by Reports Beportllom Reprte ReprteITom ReportsIrotit
llom Saratoga and Wall In Street StreetA
A new twist was Wi given to the Unite UniteStates Unted UntedSlt UnitedStatO
States Slt Shipbuilding Shipbidig litigation IUgaton g1en yesterday YCtY b ba by bya
a story which came cm down from Saratoga Sratoga t ttho to toI totho
tho effect elcct that thoelt the suit brought brught by Charles Chales H HKuvanaugh 1 IIkavanaugli
I Kuvanaugh of Waterford Watrord Saratoga Sratcga county countyagainst countyaait countyagainst
against aait tho JMrtl Mercantile Trust Trst Company Companand Cmpn CmpnI Companyand
and others othr to recover rcvor a little lte loss 10 than thn 7S 7
I 000 paid pldout out by Kavauaugh Kalugb for forbonds bonds bnd ad adboth and andboth andboth
both kinds kind of o stock atok of the tlo Shipbuilding Shlpbuildlncompany Shipbuiding Shipbuidingcmpln Shipbuildingcompany
company cmpln had turned tured outto outt be b In roalit roalita rlty rltya reality realitya
a sort of omnibus lawsuit in which th thCommonwealth the theCommonwelth theCommonweaith
Commonwealth Commonwelth Trust TrUt Company Compy tho sue BIIOcesaor suoClsor suecessor
cesaor Clsor of the th Trust Trst Company Cmpy of tho Re Republic Republc Republic
public and Ad the th old directors dirctr of the te Trust TrusiCompany TrustCompy TrustCompany
Company Compy of tbo Republic Republc some twenty twety li linumber in innumber
number decided dolded to t pool pol Issues with Kava Kavanaugh Halanaugh lavanaugh
naugh for reasons reaon good god and ad sufficient sulcient t tthemselves to tothemchC tothemselves
themselves themselvesTo themchC
To this thi thu report repr from up the State Stte wa waadded was wasadde wasadded
added adde Wall Wal Streets Strets own ow contribution cntributon t tthe to tothe tothe
the gossip g0lp of of the ie litigation ltigation It I was wa to t tim thieffect t10 t10eloct timeffect
beciretained been beenretdlned
effect eloct that Samuel Smue Untermyer had bn bnretained
retained dlroctl dlroctlor directly directlyor
yesterday ycterdny by persons prnl dirty dirtyor
or indirectly Indirety interested Interted in tho Common Commonwealth Commonwcath Commonwealth ¬
wealth wcath Trust Trst Company Cmpny to associate Isocate him himself WmseI himself <
self seI with James JamC B Dill Di and Senator Snar Edgar EdgaT Egr
T 1 1 Brackott of Saratoga Sratga Kavonaugh Kavonaughattorney Havaughs Havaughsattorey Kavanaughsattorney
attorney attorey and that tht Mr Untermyer would woultl wouldbe wouldbe
l be > e actively actely connected connoto with tho trial tria of o tin tinKavannugh thoHavanugh tImKavannugh
Kavannugh Havanugh suit suitThe suitThe suitThe
The case Ca comes cmes on to be b heard herd before befonSupremo beforeSupr beforeSuprdrno
Supremo Supr Do Court Cout Justice Justc Kellogg Kelogg at BallstoiSpa Ballstoi Baltton BalttonSpa BallatonSpa
Spa the county Beat sat of Saratoga Srtcgl county countyon count counton
on Juno Jun 20 Zo It was a said Id yesterday yestrU1 tha thathe that thatthe thatthe
the cone C will wl bo b tried according accoring to the pro proRrammmo programmxno
Rrammmo gramme mapped out by blenatr Senator Brackett Bracketand Brackettand Brackettand
and that tht t hat he mapp will wJ be b regarded regarde aa a the senior seniocounsel snior sniorcouna seniorcounsel
counsel couna Indeed 1nde Wall Wal Street Strt understock understockthat tincierstoodthat
>
that Senator Bracket Brcket in addition addion to his hiiretainer hisretiner liferetainer
retainer retiner from Mr Kavonaugb Havaaugh who is t twealthy I a awealthy
woltby wealthy knit goods manufacturer manufaturer of Water Water1ford Watr Watrford Waterford
ford had also as go been bn retained retane as 8 advisor advisorcounsel advisory advisorycounsel
counsel cunel to the te Commonwealth Comonweth Trust Trst Com ConyIt Compay CornItwas
pay It I Itwas was wa said Bld that tht the combined combine Interest Interestthat Inter0ls Inter0lsthat Intereststhat
that ore ae now lined lie up against agat the Shlpbuild Shlpbuilding SWpbuld SWpbuldlug Shlpbulldtug
lug combination cmbln ton have b vo great grat greathpee hopes hop of ohtlg striking strikingoil
oil 01 In Saratoga Stoga county cunt They believe believefor beleve belevefor believefor
for some unexplained unexplined reason ron that Ship Shipbuilding Shipbuiding ShipbuildIng ¬
building buiding company witnesses wit0 who 1no are ar in inclined Inclne Indilned ¬
clined clne to compny bo b unwilling unwllg or forgetful forgetu will willfind wl willfind
find fnd them that tht without the gloye gloves glovesNo up State court ou will wi handle handleNo hdle hdlethem handlethem
No one on in a a position psition to know kno the facts factsfrom factsould factswould
would ould elthpr either aln afllrm or deny the slort stories storiesfrom
from Saratoga Srtoga or Wall Wal Street Stt Mr Unter Untermyersald Vntr Vntrmyer iJnterznyersaid
myersald myer sid that he was wa very ver sorry srr but it was wasabsolutely wasabsolutely
absolutely impossible Impo lble for him to talk about aboutany abut abutany aboutany
any phase pbe or orat or the Shipbuidn Shipbuilding ltigaton ltigatonatprent litigation litigationat
at atprent present When Wliousenior Mr DI Dli who 1 is the thesnior thesenior
senior snior counsel cul for the th Commonwealth CommonwealthTrust Comonwelth ComonwelthTrst CommonwealthTrust
Trust Trst Company Compny was WW asked alkefor askedfor for confirmation confirmationof confrmton confrmtonof
of the story ho said saidAbsolutely sd sdAbolutely saidAbsolutely
Absolutely Abolutely nothing to say s I would wouldnot wouldnot wouldnot
not be b surprised surris however if the trial of oftho oftho oftho
interesting intfrCtlg tho Kavanaugh Kannugh suit would bo extremely extremelyinteresting exrmely exrmelyintfrCtlg extremelyinterestIng
The real ginger in this new phase pha of the theShipbuilding theShipbuiding theShipbuilding
Shipbuiding Shipbuilding litigation ltgaton is said to lie 10 in the thofact th6fact thefact
fact that thlt the old dlrotoJ directors of tho Trust TrustCompany TrustCompany TrustCompany
Company of the Republic Heublc have hve the notion notionthat noton notonthat notionthat
that that they may be b liable lable to their stockholders stockholdersfor tckholder
for some of the nets of Daniel LeRoy Lloy Dresser DreeserTrust Drr DrrIt DresserIt
It wi was oven shl smilti that n i stokholder stockholder of the theTnlst theTrust
Trust Company Compny of the 011 Republic Hepublo would wouldBorvo wouldservo ould ould8rvo
servo 8rvo copies cotes of tho summons and complaint complaintin complait complaitIn
in an action cOilo to t be b brought brught by him to recover recovertho rver rvertho recovertho
tho value of something smetng like lo 600 I shares share of ofTrust ofTntt ofTrust
Trust Tntt Company of the Republic Rpu lo stock stockwhich stok stokhlch stockwhich
which hlch he alleges greatly depreciated deprplato be because because ¬
cause cuse of the alegea acts act of Dresser DrOr This action actionwill ac actionwill on
will 1 be b instituted inttut according acring to the story storyagainst stor storyagainetthe
agln8thl againetthe against tho old directors dlror of theTrust Com Company Compa Coinplmy ¬
pany pa of the te Republic Republc one oe of whom was wasEraatus sa saastua
Eraatus ratU astua C KniRht K of o1l3ulTaio o1l3ulTaioVOLNEY r Buffalo BuffaloVOLNEY
A cBJlao cBJlao1OL1EY
VOLNEY 1OL1EY SUIT SUITAG41NST AGAINST NIXON NIXONHI NIX 1 1I
liii HI I Contentions Contentonl and Those Tole of Dr Yolney YolneyPeciilon ioIne ioIneDecision oln olnnelion
Decision nelion Brservrd BrservrdDr Rtrnd
Dr Carl Cal W Volneys suit sut In the Court Cu of ofChancery ofChancry ofChanc
Chancery Chancry Chanc ry to compel cmpl Lewis Lwi Nixon to give givehim gl givehim
him onehalf onblt of the shares shar8 which the ex expresident e cxpresklent
president preFlrent of the Shipbuilding Shipbuiding Trust TrUt ac acquired aequlre soquired ¬
quired qulre in tho International Intrtional Smokeless SmokelessPowder s sPowder
Powder and Dynamite Company was con concluded cn cnclude coneluded ¬
eluded clude before bforl Vicechancellor YlcChanclor Bergen Brgn In InJersey InJery inJersey
Jersey Jery City Ity yesterday YCtera The arguments argumentswere argumnts argumntsWlre
were Wlre made mdo by L Lawyer ° wyer yer Linsley Lnly Garrison Garrisonfor Gar n nfor
for tho complainant complalnlt and exGov Foster FosterM Foter FoterM
M Is Voorhece Vorhe for the defendant defendantVolney deftndatlt deftndatltolney defendantYolney I
Volney claimed cllmr that tht Nixon got Block in inthe Inthe inthe I
the company cmpany valued lu at 2950000 zQSO and
131000 10 in cash csb for tho works ork8 of thc Volney Volneycompany Volne VolnecmJny Volneycompany
company cmJny st l South Suth Amboy Amby and Keyport Keyportand Keyprt Keyprtand
and Dr Vplneys smokeless smokelC powder pwder patent patentrights ptent ptentright patentrights
rights right Nixon on the th other hd hand said he hereceived heriv hereceived
received riv only 350000 130 worth worh of stock tok Ho Hoiave Hegave Hogave
gave iave the thl inventor inJtor 160 150000 of the Block Blockexploiting Itok Itokdistrlbutfd stockdistributed
distrlbutfd distributed shfS shares aggegatnK aggregating 50000 0 In Ineploitng Inexploiting
eploitng exploiting the company cmpany and Id kept the th rest restmaking rt rtmaklnj restmaking
making maklnj their shares sha equal eul 1e He denied deniedthat denie deniedthat
that tht ha got gt any such amount aount of Block stok as asDr a asDr
Dr Volney represented rprente The minute minut books booksnf boks boksof
of the company cmpany were wer examined exmine by tho thoVIceChancellor thoVicChanclor theVIceChancellor
VIceChancellor VicChanclor Decision Diion was reserved reservedTo rsrr rsrrTo
To End d O and W f Voting otIC Treat TrnttSeventyfive Tut TutSetntyfo TreatSeventyflvo
Seventyfive Setntyfo stockholders tkholdol of the New Nework NewYork NewYork
York ork Ontario andu and andVestern Western Weter Railroad Riroad who whonnt whowlnt whowant
wlnt want nnt the voting trust terminated met in inoom Inroom Inroom
room 3 on the seventh venth floor for of the Mills Millstulldlng 11 MUteBuilding
Building Buiding yesterday Yftcrda afternoon nfernoon Horace Horac L Lrlolchklss LHotchkl8 LIlotchkiss
rlolchklss Hotchkl8 presided presidedResolti presidedRC0lu presidedItesolti
Resolti RC0lu tlouff ton8 were ere adopted adoptr in which it itras Itwa itwas
was wa recommended r < ommndo that tht immediate Imeiato steps stepsm stepsbe tep
hf be m taken to declare dolam tho voting Totng trust tnUt void voidind voidand old oldfnd
and fnd to accomplish aoomplbh that Ihat result it was re reolved r resolved
solved Iol1 to direct diret tho chairman chairma of yesterdays ywiterdayBneeting YMterdyR YMterdyRmoting yesterdaysmooring
mooring moting to appoint appint a commit cnulte B of live 110 from fromirnong trm trmamong fromamong
among the stockholders 5tokholdor to have he full ful pow pO4r pO4rInd power powerand r rnd
Ind and nd authority nuthorty to take te such Iuch action aoton in the theiremlses thl thepremises
premises prmues as 1 they may m deem wise 110 and ox oxedi oxprlont oxpedlont
prlont pedlont > edi nt and to do all al and everything ort hlng neces necesnry nec necsary noceesary
sary to further turher the stockholders Rtokholder interest interestJap intoret intoretap intorestJar
Jar ap Loan Lan Subscription HUMcrtplon Still SUI Open OpenKuhn OpfnKuhn OpenKuhn
Kuhn Loeb Lb c A Co the Notional Natonal City Bank Bankand Dankand Bankand
and tho National Nationa Bank of Commerce Comr com composing compsing coniposing ¬
psing posing the th underwriting underTtng syndicate sydlcllo of the theInpaneee theJapnNe timeJapanese
Inpaneee JapnNe loan announced announce yesterday Ytalerday that thatIho Ulattbo thatthe
the loan loa had already alre dy been ben heavily heMI over overlubscrlbed ovcrsUMcrlU oversubscribed
subscribed sUMcrlU but blt that in order to 0 give outof outoftown outoftown outoftown
town subscribers sUMcrlbl a chance chac to get gtt their theirmmctt theirnRmC theirnames
names nRmC on the subscription II1crlpton list Isl the list listwould l hatwould t twould
would bo lw kept ktlt open until unti this thl morning moring at atII atJ
II J oclock ocok The ho opn subscriptions lubcrptlon ore a coming comingIn
In not not only from bonkers bkcl but from cmlnj indi individual Indlvlduall mdividual ¬
vidual investorsall etral over the country cuntr The Thopremium Thl ThepremIum
prmium premium on the loan 10ln yesterday yct4ry was M about aboutI nbut nbutH
I 1 3 J 414 1 1Mil
that the theetibscription
H Lndon London reported YCterdy yesterday thf
Ruocrlpton etibscription thero reprte ha had bn been about Mil six sixIroea sixtme sixtimes
times tme oversubscribed oversubscribedTo overuborlb overuborlbTo
To Trenton Trnton by Trolley Tolty Car CarTho rrTho CarThe
Tho Public PubJo Servlcn lcl Corporation Crorton pub pubished publlhe published
ished llhe Its schedule ohldulo today tday for a a a through throughrolloy thrugh thrughtroley throughtrolley
trolley troley service tnlc from New York to t Trenton TrentonU Trentn TrentnAt
At U the outset oltset four tOlr cars cal will wi be b run rn daily dailyach dnly dnlytach dailyeach
tach each ach way Yay The T first tnt oars to make the thohrough Ih Ihthrujh thethrough
through thrujh trip will wi leave Jersey JCley City at 835 835omorrow 8S 8Stomorow 835tomorrow
tomorrow tomorow and Trenton Tnton at 8 oclock oclockFINANCIAL oclok oclokFl oclockFIN4NCI4L
FINANCIAL Fl 4NCAL NOTES NOTESPresldont 7OTES 7OTESlrl NOTESlretldent
Presldont ldpnt W J Turner Tlrer of the Lehtffh IAhllh and andew 8ndNew andNew
New ew lrl England Railroad said yesterdaytniit yesterday thut MM MMad 111 lilaroad
Jnllnnd nalrod eteraytlat
road ad una tli tile Liihlgh blah and Hudson Company Companyoiild Compny Compnywould Companywould
would oiild continue to control the t 4 FoUKhkerpcIo FoUKhkerpcIoIrldfo Pouhkelpslo Pouhkelpslollrldlo PoughkeepsieIirldga
Irldfo cootnue route rOlte and that he 1 knew nothing nothingbout nolhlnl nothingabout
bout llrldlo a tory to the th effect t1ct that the New York Yorkiew Yorkew ork orkiew
iew control controlin iew onlrolIn ew Haven Ilvu and Ind Hurt Uarror hartford fort was os trying tlni to gel gelonlrol Ie Iecontrol getcontrol
In 11 connection connfclon with wih the thl Ultnl listing br the te New Nework Nework NewYork
York ork Stock 6tok Exchange Jxcbance of the first frat mortgage mortgageonda mortgagebonds
morll8o morll8obonda
bonds of tho Louisiana JlulAlaa and Arkansas JtaU JtaUfay Uol itailway
fay ay It Is stated that this company now 10W owns ownsIS
187 IS 67 miles ltle of road chiefly cmpny In thn th longleaf longleafilne 10nallr 10nallrJJlne longleafPine
Pine ilne mlf1 belt of Central Cntrl Louisiana Lula The Loulal Loulalnn Lulll Lulllana Loulsiann
ana nn and Arkansas Railway running Inll Irom Iromnorhwfst Iromnorthwest fromorthwest
northwest norhwfst Arknll to southeast loutheat Rlw down the thf Red UN Jilter JUveralley Rnr RnrIty Jilterahley
alley connects the St Louis Lulaud and Kin Frau KranIsco Fraucls rae raeel
cls Isco Ity o the < noec main Uht line ne of the Iron Mountain Mountainnd Moutq Moutqand MountaJqand
and el nd the te Bt Louis Southwestern 80utb1lter on the north northrlth norta nortawIth
wIth the New ew Orleans Orlen division rlvllon of the thf nor iron ironitountaln IronMountain IronMouqtaln
Mountain and the Louisiana LulsllL Railway Rlhra and andnavigation aodailaton andNavigation
navigation ailaton Company CompnT on the south southThn eoulbThe southThe
The ten tln representatives rfrlspnlatna of the creditors creditorsif crrlol
or if 8wetser fwHtMr Pembrook Pembrol Co constituting constitutingn cTltutna
an n advisory rleory committee tommltN will wi meet this after afterloon atr atrnom afternoeri
loon latlon dat Ion to formulate a working orkI plan of liqul liqullatlon Iqul Iquldallon iiquidat
FINANCIAL n14a V1Lt4Wj I FINANCIAL FI AicAL 1 PThANCAL NC r r r t tn J Ji1
n I
4 i1 10000000 10000000Imperial 10000000Ifflperial o oImperial
Imperial Japanese J4panese Government fovernment 6 Sterling Sterlng Loan LoanDUE
DUE APRIL 5 191 1911a 1911aWJTH I IWITH IWITH
WITH OPTION TO THE IMPERIAL JAPANESE GOVERNMENT TO REDEEM RtJDEEll ALL OR ANY ANTPART ANYPART ANYPART
PART AFTER APRIL APRi 5 5a 1007 UPON GIVING SIX MONTHS NOTICE NOTICESECURED NOTICESEOURID NOTICECUNED
SECURED CUNED BY V A FIRST CHARGE ON THE CUSTOMS RECEIPTS OF THE EMPIRE EMPIRECREATED IMPUtECREATED IMPURECREATED
CREATED UNDER UNDER THE AUTHORITY OF LAW LAV NO NO1 1 DATED MARCH 20 1904 194 AND ANDOF oD ANDOF I IOF
OF AN IMPERIAL IMPERIALORDINANCE ORDINANCE OF 01 HIS MAJESTY llAJESTY THE EMPEROR EMPERORNo 1 1Coupon
No 138 PROMULGATED MAY 10 1004 194 194Coupon 7 7Coupon
Coupon Bearer Bonds in the Denomination of g100 IOO and g200 g200SEIANNUAJ 2OO 2OOSEMIANNUAL 200SEMIANNUAL
SEMIANNUAL SEIANNUAJ INTEREST INTERE PAYABLK APRIL 6TH AND AN OCTOBER OCOBKR STH Sm AT TUK Tit OFFICE OF THE T1E YOKOHAMA YOKOIA SPECIE SPEE LUll BAJtKLTD B LUllLTD
LTD LTD IN I LONDON AND AD AT ITS IS AGENCY AGNCY IN NEW YORK YORKPrincipal YORKPrincipal YORKPrincipal
Principal and nd Interest Inlerst payable both in London Lndon In Sterling and In New York In United Unt States Shlta Gold Dollars Dolll at the flied fe r rat rat ratI ratexchange t f f fexchange
i I exchange echnge of 487 47 per pr Pound Sterling Sterlingi SterlingPARRS Strlng StrlngPARRS SterlingP4RW5
PARRS DANrl LTD THE HONGKONG HONGIONG AND SHANGHAI DANUING BANIING CORPORATION AND ANDTHE ANDTH ANDTIlL
THE TH YOKOHAMA YOIOHAMA BANI SPECIE THt BANK DANJ BANZLLTD LTD ARE AIE AUTHORIZED AUTHOIIZED BY THE IMPERIAL IMPEIIAL JAPANESE JAPANESEGOVERNMENT JAPANESEGOVEINMINT JAFAWESLGOVLPNMNT
GOVERNMENT TO ISSUE THE THLADOVI A5OVE A BOVI 1OOOOOOO BONDS OFTHIS OFTHISAMOUNT5000 AMOUNT 5OQO 5OQOOOO OO < > r
000 GOVEINMINT IS 5 BEING OFFERED OFFEk D FOR PUBLIC SUBSCRIPTION IN LONDON BY THE ABOVEMEN ABOVEMENTIONED ADOVEMEN ADOVEMENTION ADOVEMLJTIONED
TIONED TION D BANKS AND A5OOOOOO OOOOOO HAS BEEN TAKEN TAIN UNDER THE AUTHORITY OF THE THEIMPERIAL TI TVI TVIJMPL1AL
IMPERIAL JHPERIAL JAPANESE JAPANE5 GOVERNMENT TROM ROM THE LONDON ISSUING BANKS BANJS BY MESSRS MESSRSnUHN MISSIS MISSISJUHN HLS3PSUHNLOE1SfCO
nUHN UHNLOE1SfCO UHNLOE1SfCOTIlL LOEB LOE CO CO COTHE COTHE
JUHN THE LONDON C ISSUING BANKS > lArtE THE FOLLOWING STATEMENTS STATEM NTS IN THEIR THEIRPROSPECTUS THElaPR05P THEI THEIPROSPECTUS
PROSPECTUS PR05P CTUS WHICH HAS BEEN BE N APPROVED A PROVE AI BY KOREKIYO nOIEIUYO TAKAHASHI ESQ VICE VICEGOVERNOR VC VCGOVEINOR VICtGOVBPSNO1
GOVERNOR GOVEINOR OF THE BANK DAN I or JAPAN THElMPERIAL THE IMPEIIAL l8PEPIAL JAPANESE GOVERNMENTS DULY DULYAUTHORIZED DULYUTHORIZ DULYAUTHORIZED
AUTHORIZED UTHORIZ D SPECIAL SPECIAL COMMISSIONER COMMISSIONI IN LONDON LONDONiTh I ITh
Th Th The Imperial Impral Japanese Jape Government Oovrment reserve rre the right to redeem rdem at par all al or any of the th bonds bond at any time tm after aftr April Aprll 8th t
1 1807 1G on giving givn six months month notice notc Partial Partal redemption rdempton to t be betectd effected by drawings at at tho office ofc of the th Yokohama Yokoh Specie Spe ffeak ffeakLtd 1 sak sakLtd
Ltd Lt London Lndon and the New York Agency Aenoy of 6 f the game lat bank in the usual manner mnner The bonds rrlll wi bo b secured lure both as a to principal prDpl prDplad prImpaland principaland
and ad interest Inttt by a first dt charge upon upn the Imperial Imprial Japanese ctfatbrhs ii m receipts recolpl and the Imperial Impral Japanese Japnl Government Govermnt will wl pay P eb ebmnth each eachmonth oh ohmonth
month mnth onetwelfth onetwelt part pt ol the Bum Bm required ruir annually annualy forihelntero fot the ntr0t t payable on this issue Iul to the Hongkong Honkon and ad Shanghai Shb Bufc BufcIng B ak akleg
Ing Corporation Crorton and to the Yokohama Yokoh Specie Spie Bank Bn Ltd Lt as representatives rprntatve of the bondholders bondholder in Yokohama Yokoht or in London Lndon attfca attfcaoption a sttbeoption t
option opton of o th the Imperial Impra Japanese Japne Government Oovermlnt Coupons Cup ms and nd drawn bonds of this Isue Issue sue will wl be receivable rehabl for their ther fuD face 18 wales ymluain walesIn 10 10In
in payment paymnt of customs ctm duties dute at all the custom Ctm houses houe of tha tb hd Empire Epir of Japan Japnat at the fixed fo exchange of two shillings hlUngs onehalf oneh psuif psuifper p pyperyen
per peryen yen YEn I ITho
pr yenThe The average oTrae annual anua yield eld of the t custom ctom receipt rp of olthr the Empire of Japan as a shown show by the financial tnancla and economical econocl Anaaal Anaaalof Anl Anlof Anslofjapan
of ofjapan of Japan Jap number numbr three t Issued Ie br the te Department Dpent of Finance Fnac WM W 1484812 for the fire fve years yoa 18988 188D to t 19023 113 The yieldor yeld fo tb t the JTMT
19023 l0S was wa 1740071 17407 Sinoe Sln the te close cloe of the last lt financial fcial year ye the tariff tlf of customs Ctom duties dute has ha been ben Increased Incea on certain cri articles artteVisREFERRING articlesREFERRING 1 1REFERRINQ
REFERRING TO THE ABOVE THE THEUNPERSIONED UNDERSIGNED ARE AUTHORIZED BY THE TI1 IHPERIAL IHPERIALJAPANESE InpeR II1PEWALJAPANESE L LJ
JAPANESE J PANESe GOVERNMENT TO ISSUE THE ABOVE ABVE LOAN LAN AND HEREBY OFFER FOR PUBLIC PUBIC SUB SUBSCRIPTION SB SBSCRIPTION SUBSCRIPTION ¬
SCRIPTION 5000 5000000 oO 000 OF THE ABOVE BONDS AT THE PRICE OF X93J L93 93 PER CENT AND ACCRUED ACCRUEDINTEREST ACCRUnINTEREST ACGRUD1NTERBST
INTEREST INTERESTThe INTERESTTe
The Te subscription lubsrpUon list llt will wl be opened ope at 10 A Ar M on May 12 I IBM 11 and will wl be closed clos on or before befor May M 17 1804 lD4 The Te undwvlfMi undwvlfMireserve u urere undsrsiaelreserve
reserve rere to t themselves tmlVM the te right rght to t close clo the t subscription sblcrpton list lit at any ay time tme without wthot notice notc and to reject rejet any subscriptions ebcrpton and ad allot al alamount allotamounts H I IALIJ r ramounts
than for forALL forALL
amounts amount t applied apple
ALL SUBSCRIPTIONS 8DCIFOl WTOCH WCH WHIC onOtD SHOVLiU BE MADE ON THE T FORM FOa1 WHICH Wc CAN N DK DF OBTAINED ODTUmr FMOM FO PO TUB T WW WWOEIWIONED V uNDEIGNED
DEIGNED DEIGNED ARE AE TO BE ACCOMPANIED AaMANE BT A DEPOSIT DEPI OF 25 a IN 1 NEW NW TORK FUNDS DS PER Im rflOO lO 1O0 BOND BONDIf BND BNDIf
If no allotment alotment be b made mde the deposit dcpOlt will wl be returned rture in full ful and if only ony a portion porion of the amount applied applie for be allotted aUott th tM1 tM1oe thbsI thbsIance bal balance ¬
ance oe of o the deposit depot will wl be appropriated appropratd towards tward the amount due on May ay 25 1004 10 If I any further furh r balance balnc remains remin suchbalwoa suchbalwoawill Icb such ba bawi busses busseswill
will wi be returned rtrne Failure Falur to pay any instalments Intent at due dates dt will wl render rnder all al previous prvious payment pyrntllble liable to t forfeiture forfeitureThe rorrltur rorrlturTho forfeItureThe
py transmission to London and at which hich will have to be made by Mb Mbicribers subscribers
The rate rt of exchange exchne fixed fxe by the to undersigned underigne for tlnmllon t Lndon payment wi haT md b7I b7IIrOr
scribers IrOr is I48S 14 48s per pr pound Sterling Payment for bonds bond allotted aIotJed is I to t be made in New York funds as a follows followsOn fIow fIowOn fellowsOn
On application appUcton J250 12500 per pr 100 IO bond bondOn bon bonO boneOn
On O May 25 1004 104 2300 Z50 per pr 100 IO bn bnOn bondOn bond bondOn
On June 80 1904 IDo 41318 per pr Al0 100 bond bondTotal bondotal bondTotal
Total Total otal 149318 18 per pr A10 100 bond bondwhich bondwhich bondwhich
which is the th equivalent ewnlent of L 93K P per r cent and ad nd accrued acr interest Intert Temporary Temprr certificates crtfcte to t bearer will 11 be delivered deUver by tb t u usigned ua uasigned 4f 4ftigned
signed In exchange exchge for allotment alotent pr letters Itton duly endorsed endor upon upn payment pyent of final fnal instalment Intlment A coupon cpn for pa payment t of o tb t tannul tbs bi biannual 1 1annual ¬
annual annul interest ntrt due on October Otbr sIb 6t 1904 11 will I be b attached atthe to the temporary tempora certificates certificatesPayment Ct6cat certificatesPayment
Payment In full ful may mT be b made me on May ay 25 1904 19 under discount dIunt at the th rate of two per pr cent per pr annum annumTbe annum annumTo annumThe
The To bonds bond will wi ba bedelivered delivered eUver by the undersigned undenlKne in exchange cxohano for the th temporary temprr certificates crtl cate as soon on as practicable prcb prcbI practicablei Ip IpH
c
< H I < KUHN LOEB CO COWilliam COWilam COES
ES William Williamand and Pine Streets StreetsNATIONAL Street StreetsNAtIONALCITyBANK
1 1NATIONAL Wilam
> NATIONAL NAtIONALCITyBANK CITY BANK BANKI 5
1 I 52 5 5 Wall Wal Street StreetNATIONAL StreetNATIONAL StreetNATIONAL
NATIONAL BANK OF OF COMMERCE IN N Y
31 3 I Nassau N ssm Street StreetXT Street Street3EW x
XT 3EW TOnE MAT T 10 IW4
LEDERER SAYS sn HES BROKE BROKEThis BROK BROKTll BROKEThis
Tll This Time Tme He Net Not ot Ills li Credit ctdlOr creditor on Filet FiletPetition nle a aPetlon aPetition
Petition Petlon In Bankruptcy BankruptcyGeorge Dnkroptc BankruptcyGeorge
George Gerge W Wlterr V Ledorertbe tbe theatrical thetrlcal manager managerwho maaer managerwho
who lives InJ at the AJasonia Msonla Broadway and andSeventysecond Id Idwenleond andSeventysecond
Seventysecond wenleond street trEt has ha filed fle a petition petitionof ptiton ptitonot
of his own in bankruptcy bnkrptcy with known knownliabilities knownliabilities
liabilities labites 170681 and ad sixtyfive sityfve other otherclaims otberclaim otherclaims
claims claim the amount aout of which are ar unknown unknownHis
His Hi assets 1t are nominal consisting cltng of un unliquidated u unliquidated ¬
liquidated lquit claims clam to t the amount aot of 169200 169200against 166200against
against against various persons pron for breach breah of ofcontract ofcon ofcon
contract contractA con lact lactA tiact tiactA
A creditors crltl petition ptton was a flied fle against againstLederer agaist agaistLderer againstIederor
Lederer Lderer on Aug 21 1801 101 on which whic he was wasadjudicated Wi Wiadjudicate wasadjudicated
adjudicated adjudicate a bankrupt bankrpt on o Sept Spt 27 1901 1901but 101 101but 1901but
but no proceedings pr dlng were taken tken on It until untilSept untilSept
Sept Spt 26 1802 10 when Mr Lederer Lerer filed fle a apetition aptton apetition
petition ptton with the referee retere for his discharge dischargeJudge dlharge dlhargeJudge dischargeJudge
Judge Holt of the United Unie States Stt District DistrictCourt Ditict DitictCurt DistrictCourt
Court Curt dismissed dismid the application applcnton on Sept Spt 10 101W3
1W3 1W3Mr 10 Mr Lederer Lerer starts slart In I again agai with Ith a now nowpetition nowptton nowpetition
petition which includes IncludC roost mot or the debts debtsamounting debU debtsamounting
amounting ptton to 111774 110774 In the old case Cn and andsince ad adahut andabout
amoultng
about 850000 WO additional debtl debts contracted contractedsince
since ahut the first frt petition pttion was 18 filed 61e He also alsoseeks alsoseeks
sic rks seeks to t get discharged dishage from liabilities labltcg in incurred Incre incurrod ¬
curred as a partner in i the firm fn of Canary Caar A ALcderor tLederer
parer
Lcderor cre I which ceased to do business hutIt1 In In18D7
18D7 Ieror 1 7 and of Ledoror ca < t McLoUan MoLUan which whichceased whichCld whichceased
ceased Cld to do business busines In I 18W 189 189g Among his hiscreditors hiscreltra hiscreditors
creditors creltra are areHobert arcHobrt areItobert
Hobert Hobrt F Olllcn Olln lliooO II O Gillen Glfn Printing PrintingCompany PlnUm PlnUmCompan Printingompan
Company ompan 115000 1110 Daniel A I NvcenBV ttD HS HSaulgnoe lS lSRMhm0 asnasirnos
aulgnoe RMhm0 of the claim of Mary Mar M 3 Thomas ThomasIO Tholal 1
110751 IO 1 for rostunvs coatlmp Ludwlg Englander EnglnndorITnoo Enallndlr
ITnoo 701 royalties roIUfa Charles Scheuer tcheupr 5441 44t 44tJ U UJ
J J Wesley f le Rosenriueit JOenQupst and E Collle CIlet 6066 1000Cbllta 6066dam 6055Charles
Cbllta Charles J F Gal Gail 512 3 12 Bik Bank of New Ameter Ameterdam mster msterdam
dam Uooo 5 O 003 c i w Lester loItfr 5oo 0 rcnnsyl PnnI PnnInll Penntiylvania
vania nll 5rinting and Jbl PublIshing hlnl Company of1pln
rintnt
13500 350 MiiurloD llurlc Runkle Runklt I3t 130 3000 > on Kopp KOIIllhnn KOIIllhnnJI toppel l Cohen Cohnntooon
tooon 3000 H Henirel snd Ind Paulo Chevalier Chcller
11nKei IAllo
JI 11500 4560 5 o Pall rai I Mall Ial Deposit nptt nnd Forwarding ForwardingCompany ForwlrdlDr ForwlrdlDroDany Forwardingoniparly
Company of If London IJooo 3000 0 Dcbcnlmm DcbcnlmmCompany Dtbnllm DtbnllmCompam DebenhinmCompany
Company oDany london lnron 11148 IltlS 1 itt Metropolitan Ietropoltan Job JobLipman JobPrint JobPrint
Compam Print 27O 1lrn harry JfunAon Idunson 1I2 2229 Chlr Clara ClaraLlpman
Lipman 1lmln I7M liO 106 Albcrtierl l lHe 181 181He 5501 5501He
He owes 341 for personal taxes tue in 1002 1002Ho 10 1902no
Ho Jo believes blovc owe S4 that that a prnal number numbr of judgmentsagainst judgments judgmentsagainst Judgmfnla JudgmfnlaBRanst
against him have hoo been n satisfied fatlfc but that thaton Ihaton thaton
on BRanst account aunt of the death of a former tonor attor attorney ator attornny ¬
ney the satisfaction Iatltaton pieces ple have la1 been bn lost lostniS 10t 10tHI
niS HI STOCKS WENT WEiT IN PANIC PANICJames PA1C PA1Camrl PANICJames
James amrl R flame Rlalnl Denies Dnlt Brokers orrl Bight Bightto
to S 81 Sell ll Them Tenl and ad Hue HueThe Nue NueT SuesThe
The T suit of James JC G Blaine Blant son of Sen Senator Stn Stnatr Scnator ¬
ator atr Blame Bane against agalnlt the stock stok brokerage brokeragefirm brkerge brkergefrm
firm frm of Thomas Thoma A c i4 Post POt to recover his hisloesea hislosM hislosses
losses losM when whenB whonaai as be alleges ale aIbegestheysold 0theyold they sold out his hisstocks hisstock hisatock
stocks without his hi knowledge knowlego or consent consentwill cnent cnentwl consentwill
will wl be b tried trie today tday before beore Justice Jutc Gie Giegerlch Giegerich Ciagerich
gerich In the Supreme Court According Accordingto
to Sidney Harris thelawynr for the plain plaintiff plalntllf plaintiff ¬
tiff his client authorized aut1lorlzedThomas Thomas k Post Postto POIItto Poetto
to buy for his account 1000 shares of P R R Rcommon Rcommon Bcommon
common on April 21001 2 IDOl depositing depo 1tlng 15000 115000marlrln 15000margin 15000margin
margin While Blaine was in Washington Washingtonon
on May 9 IDOl the day of the Northern NorthernPacific NortfiernPacific NorthernPacific
Pacific corner panic c his broken sold him himout himout himout
out without his knowledge kIlo ledge At the same sametime sametime sametime
time he soH through Ladcnburg Thai Thairnann Thalmann Thaimann
mann k Co IZOO shares of P R R R common commonfor commonfor commonfor
for 71000 71 000 instructing them to get ge the thestocks thoetocka thestocks
stocks from horn rom Thomas t Post Upon tho thofailure thofailure thefailure
failure of the latter firm to deliver the thestock UIOIBtock thestock
stock the plaintiff was compelled oom 1led to buy
in the open o market on May 141000 It 1000 share shareof ahasnaof
of P R R common comf1lOnf for InO 73000 72 J 000 to fulfil fulfilCo fulfilthe fulfille
the le contract of 1AOenburg LaJenburg Jbalmann JbalmannCa FhialmaunOn
Co CoOn On On account of this the plaintiff states stateshe fltatMhe statesbe
he has suffered Ices to the amount of ofa ot8S760
a 368780 87M with Interest from May fi 81 IDOl itoilin IDOlHe 1901He
He w I suing to nOOtr this amount yrank yrankUn irankUn
Un Bartlett U I the attorney for tho defend defendants defendnlll defendants ¬
ants nlll
CROSSOVER SIGNAL DISOBEYED DISOBEYEDTestimony DISOBEITDTestimony JISODEIEDTetlltonr
Testimony About the Adami Expresi ExpresiTralu ExPleIIITratu ExpressTrain
Train Wreck WreckTho Wreckrho rrck rrckTho
Tho state Cate Board of Railroad Commission Commissioners ¬
ers held an Investigation yesterday into the thecauses theClUSIS thecauses
causes of the wreck of an Adams Express Expresstrain Expre88train Expresstrain
train on the New Haven railroad near nearPort nearPort nearPort
Port Chester last Tuesday Tuesda morning morningJust morningJust morningJust
Just before the accident the train crossed crossedover croasedoyer crossedover
over fr om track l to track 3 W H Foster Fosterchief FOflterchlet Fosterchief
chief train despatcher testified that engi engineers engineers mgineers ¬
neers are instructed to make crossovers crossoversat
at a apood speed not exceeding ten miles an hour hourCharles hourCharl08 hourChance
Charles Phillips the towerraan and George GeorgeDaly GcorgoDaly GeorgeDaly
Daly conductor of the train both testified testifiedthat l testifiedthat tlfied tlfiedthat
that the train took the crossover at between
45 and 60 miles an hour Bud was derailed derailedby derailedb derailedby
by b a frog
Phillips testified that two signals were wereshould wereset wereset
set both otwhlch signified that the engineer engineerAhould engIneershould
should slow up at tl tlDepotcher the crossover Train TrainD TrainDospateher
Depotcher D > patchr Foster said that Keonon had hadnever hadneI hadnever
never > r crossed over at Byram River before beforebut beforehut c chut
hut that other fast trains frequently rrcquentlycrOAAfd frequentlycroesedover crossed crossedover I IoI
over oI > r there at night n ht and that the signals signalsdirecting IIlgnalsdirecting signalsdirecting
directing an An engineer engined n neeito to pross cross over are aretho arothe arethe
the same at all places p oeI on tKo road roadTho roadTh
Tho Th place where tho thfraln train started off the thetrack th thtrack thetrack I
track was as In Connecticut Coun tlcul but it actually actuallyrolled actuallyroiled I Irolled
rolled off theembankment th the mlankment in New York YorkI Yorkonrt YorkCourt
I Court onrt Calendars TnlR Day ItayAppellate I DayAppellate
Appellate b rnvMon flIvlIouprcrne JrI i Supreme upr me Court Courlo3 Nos W 1upltmo
10 fP 5 s 54 K J7 it i W WSuprrmo 20iupnmc
> Suprrmo Oourt lourtIal SpncI l Term TrrmPArl Part I Jootlon Jootlonral 1Motiaflcalendar Mollnn Mollnncalendar
calendar ral ndar railed cal1 d At 10i A Ad M Part II III Hi lurte lurtemMlrn 116110matters a rle rleInall
matters Inall Part art 111 111C lIiCaai C sr unDnUhrri Motions MotionsGeneral Mol MotionsGenera on onGeneral
General Clpnd CaIndar CalendirNoo rTNo o 4727 SOU 4514 8303 37 37S <
4 11141 4t liSt 3527 4511 5 Mt 3 3IM W IZZ > 43K > inn 207 4 4372 J 24fr
4422 4S0 4SJI 45737 t137 2 2S 231 1000 4i2l 41X3 4132 4614 46144ftS5
3t J JCe
4ftS5 4714 4fr 4 46571 W1 2ahllOOi 3MB Jilt ahllOOi IVC IVCasti a s u unfinished unflnlshtclCase unfinishedCase
Case from Part III Jart V Adjourned dJClum d until untilMonday unlllMonda untilMonday
Monday Mm La > 11 1904 Inrt VI IC tCiear Clear lIr No iosated Wo Wovated t1 t1a
sated a d u ft II caa t caw Ca Case rs to 0 tI M sent rnl from Iart 111 111CW 111TrIal Illtrlal
Trial Term nrmlart Part 1I IiCae CW I undnlitied Short Shortrausea Shortcaup3 > hartU
rausea U f 513 NoaJKC 11176 I3 13575 < 7 71 H81J 16 U 1U4 14WO 13786
12177 IS38S 14900 15421 1S4W 11 > IW70 Cart arl III IIICaw 111CMe liiCaae
Caw imflnlshrd Day Oa calendar Nos f ttl26 2 < 43M 43MM7S 11
M7S 1 41 MIS 13 644A 8213 C343 64M 0014 flI75 f73t 7J > f tOO tOOasi Q
0087 00U7 422 4226 4444 B875 4IKO 4811 4 WK t54 > 4 3M
6563 = 0 6104 lItl 510 iooi I4 Leo L973 d 325 2387 lh 1730 f Sill Sillsitm
sitm 130 8137 0144 BUS 0141 BIB3 1IOB 01B7 I niWI 6175 6175SiO3Ii IM
SiO3Ii 183 1 i iI3Jla I3Jla I3JlaHltl Iart Hltl IV ltCace Caso unllnlihert r iIhr CIUFS i Irom IromPart r miii miiiPsrl i iParI
Part III Iart V VCse Cae Me unfinished duoes Mes Train lromPart TrainPart ram ramPart
Part III III Iurt 1 1 VI ICe Case unftnlslied Casr Casrfrom Ca Calrom Cstifrom
from Iart III Tart VII IIclear Clear Owei from fromHart tramPart rain rainPart
Part 111 Part VIII IIIaoc Case unllnLshrd l No NoU104 NOoI NOoIIO Noiiaio
U104 iaio IO 6443 443 W44 6402 O 5233 M8T 1 MM 36 HWS KM s3
5858 0544 BSMI S0 0045 004 tOtS 8120 lO 0132 01SJ l3 1512
621 1257 6 7 15238 6307 19U42 sin el4o 14U 8151 GI 8152 162 6Ir1 6Ir1111M 6151sf38 IWi IWiBIM
BIM elM 8161 OlaS > 0188 8172 6t7 BIN1 GII2 I82 8103 8207
6215 8227 fl2S 1236 0248 C251 8215 Iart IX tXd tXdbi iLtdJouord Ad Adloured
loured until Monday d May 181904 IC l 1904 Iart X Case Casounflnlshpd CaseunruiUbrd
lIld ar it it11tr
unruiUbrd bi CIMVH from Part VIII ill Iart XI XIClear XIClear
Clear Cases Ca tram Part VIII 111 Iart XllClear XllClearCakes XII XIIClearCasti 1ear 1earCM <
Cakes CM from from Iart VIII III Part MIIC XIII tlIlCase se e unun ununlabcd unnnbed Iinflntsbed
labcd bed CaMs Ca from Iart VIII VIIISurrogates VIIISurrofates 111 111Surror
Surrogates Surror lra Court CourlChamIJeMlMollon Chainbers Motion calendar calendarrailed cAlendarclIlIl calendarrIied
railed I at 1030 A M For or probate AVIlls of Mai MaiOtretendnrfer MuGtl5lendorler Itsikratendnrfer
Otretendnrfer Caroline Lcwry u Dorlnda Arm Armsimnc Annsisling nn nnsuunr
simnc Thomas HICKln Kllzabcth V Kelvin KelvinWilliam KtlllillWilliam lCelvtiiWillIam
William J 2 Kent Helena U i Flwber at 10JO A M MWilliam ItVlilIarn
William Hhrilns at 1 3 2ao M I 1 M Trtal TermNo TermNoday Tennoda TomSoday
day da calendar rlrndarCII calendarCity v
City CII Court Coul1S CourtSpectal Sperlal I Term lrnnourl Court opens at 10 19A 10A 10A
A M Motions Trial Tenn Part 1 Icaso Caso un unnnlMted IInnnlhtd onflalahed
nnlMted KM ns MOS 2OB1 I 2MT7 1381 280N st 7884 23M
27 27112 2 mill 2803 2804 2flHl 2828 J7M BOOBU W 088SU part partIICae lart11case
IICae unfInished NCI 1B35U 1 r li 21211 l jJ 210 2247 22472IR4
2184 6273 200H 2582 2209 173W4 n I736 i 113 1187 77 77too m
Part 11IAdJoumCd for the term 111 iv ivCfar IV IVClear
Clear I Short bol1 NIUaesNoa 163 7744 1JOI ease
11100 too 8040 tax Imo Part V Yclear Clear Noa TtVM TtVM2M2 77 nea
2M2 2111122883 s s rm loeo tat r78i 2317 n 231 zsiaH zsiaHCourt 2ee33 2ee33Court
ZUI2 IIOOI
IIOOICeurt
Court of Appeals Calendar CalendarALBAXT CalendarAIsAsT
I
ALBAXT May uCourt 12 ourt < of Apl Appeals App 4W > al calendar
for tomorrow to niormw Nos 324 4 MS and an anPROPOHAIA II IIPROPOIIAI SMPROPONAL
PROPOHAIA PROPOHAIAFORT PROPOIIAIFORT PROPONALFORT
FORT HANCOCK N J L Mar Iay 1J I004Se ID04Sealed ID04SealedproPt 004 celed celedpmpnaala led ledpropnoaU
propnoaU proPt b for plumblnc plumitnr and beating 4 additions ddltiefl ddltieflto
to barracks here will b be rccelved until J I U WI
May 27 2 IftM Information furnished
1 on appllra appllratlon appllcatloll apptlrsI
I I tlon tlonProposals U u B reserve liSt 10 accept or reject an ano any anyOr
o Or alt 1 proposals Yne10 Itovelopes should he marked markeitPropoA markedaddxeased
Proposals for nlambtnc r and beatlnj addreaied addreaiedABBTiTuiCKUAM addxeasedPROPOSAt 1 1AH
AH ABBTiTuiCKUAM So 1IICK1IAJt Captain pJD Q M MPROPOSALS 0PROJOSAL1
PROPOSALS FOR ORDNANCE SUPFLIBS SUPFLIBSSandy SUpILrpftly suPPursSandy
Sandy y Hook Provtni Ground t P O OJ Fort Han Hancock hancock lar larI ¬
cock N DJ J May r 1J I 1801 1904Sealed SealM pro prowill oronossi in inI
I IrlPllc will be receIved until 10 A AIS K M 5 IUN8 IUN8I JuN11 JuN11I
I 1 IS I8U4 for furnlshlnr hardware d lumber r J forase torseI forasefuel
IIrernr rnr
I fuel oils IIre etc during the he year endlnr w June so soCol 3 3I
I lea Inlormallon lumlobed on application 1 1Col LICot
Col CI1AS 3 4 SMITH Comdf Cc lIIdr
Ill Lnlllla II 88 SR Fraacl Ersaclaco IIUr WUrs4 0 0hereb V Vplay
play W hereby hereb elves rh ntl nClllce tnBLlH that II 1 II IIi is S SSew B S2S S2Sthe
Sew otk Security e t and Trust Oontpasy II IIIbe SI SIIn
i In successIon I to Oonlintnit I Trust CoD57 t tthe
the City of New York orll under Its Deed of Trust TrustSTlUlUIS TnIsIiClvtmber Tn dated datedNovember
November 17 1110 11612ST
STlUlUIS ST > 7 LOUIS SAC > FRANCISCO RAILROAD RAELROAD00 RAELROAD00Hy OO OOBy OOHI
By A J J DAVIDSON FrcsldMl FrcsldMlApril PreatdaAprtl presIIAprtl2O1904
April Aprtl2O1904 20 1W4 i iRailroad jSt 1 1St
St 11111 11 Ssu Frelac I Ns NsRUroad Niw OriljJ5s OriljJ5sRaltroad
Railroad Company hereby tvr rh tve5 notice that IIa II IIhas ItbllA iihai
has appointed New York security unl and Trust Om OmCompany emg Cimpany
pany as Trustee In auccaslOfl to Coiittne5tat That ThatCompany =
Company g IJ i of the City I of New York under Us Deed Dedof Deedof
of Trust dated 1101 < November I IDOl 1W2ST IDOlsr 1902ST
ST LOUIS SAN FRANCISCO 4 NEW ORUUN3 ORUUN3RAILROAD ORtBANSRAILROAD ORL3AK3RAiLROAD
RAILROAD COMPANY COMPANYApril COMPANYApril coMPANYliv
By JAUKS CAMPBELL CulP ELL Pmtdnt Pral4eetYau PreJI4ISIApril
180By lJI
April 20 180 1504 1504You 04 04You
You Can Save Save2O
20 Per PerCent Cent Annually AnnuallyOnroitof
Onroitof Oa cost oil of Imaraner Contracts < nlracu recom recommended recoinmended OOJD OOJDmrnd ¬
mrnd mended d by b me arc rt issued by the oldest oldestand oldesland oldestand
and ntrontest life Insurance companies companiesROBERT eompaleaROBERT eompaeteiROBERTA
ROBERT A SASSFJCX ISC Broadway Broad IfT IfTTh N NVTbIesther W
Th TbIesther leather MannfarUren lsnlllrcta Natlaiul Haak Haakof
of New Nt York YorkNOTICF YClrkNOTICFTh YorkNOTICETilt
NOTICF NOTICFTh Tho leather Manufacturers 1lIufaclu National NationalDank NUIJntDank NstInstflank
Dank nt New Ne York located at 78 Wall Street In Inthe IIIIhe a athe
the City Cli of New York ork In the Ib StatS of New Ne York YorkIs forkIs rl rlts <
Is rlo loloc lnr Its affairs erral All note holder and other othercreditors ethereredliort er errredUar
creditors of the association Iallon arc re therefore there 10 tamer tamernotified bersb bersbnollned bersbynottfled
notified to present pre nl the notes nol and other clalrat f for rerlJaIII forpayriieIt r rpayment
payment lJaIII nl FRANK O ROE Cashier CublirDated CubllrIJald CashierIatcd
Dated April letfc 1804 1804THi 19GCTill 1004TI1I
Till CENTRA NATIONAL DANK of th the city dlfof rll rllf cityof
of New York located at No J2O nroadwar In th thrltynf the the115Ot
rltynf f fs New NewtortIii York fol In MI the State t of New York iorkIa I Iae ae aeInr cl clIne eton etoning
Ine UK II affairs All note holders hold era and other otbereredlOors otbereredlOorsof creditor creditorot > r
ot the association AIO < IlIon lire therefore hereby noticed noticedto
to present presenllb the notes and other b claim for payment paymentCI1AII11CS D51isaAIClitIILIIS
Cli CI1AII11CS ttl tl tlb S YOUNG M rJ rJDsttd Cashier CaihUrDated Cashierristcd =
Dated March 7 1004 1004ALFRED 11mAIFRED 1104AisnEn
ALFRED HOSE HOSELATE nOSELATE ROSEILATE
ILATE LATE NEW YORK YOII MANAUKR OF THE AODtT AODtTCO ADDICo
CO OK KKW YORK YORKCertlned YORKJ YORKJCertUled YOflhClCertlfted
Certlned Public Accountant M Pine Street M Y TPROPONAUi YPROPOHAIA YIROP0ALA
PROPONAUi PROPONAUiIOOOOO IROP0ALAF
F
IOOOOO IOOOOOTRACK 4 4TRACK
TRACK ELEVATION BONDS BONOSCITY BONDSOF
OF TilE TilECITY TrillCITY
CITY OF NEWARK N NJt J Jfifoled 1I 1IHflllNl 4 4Sesled
fifoled proposal for the purchase of ofNewark Dr Drark of3eiesrk
Newark ark N J fifty year tour per cent cca Tra TraIteration Track TrackIletatlon
Iteration l ellllon Bonds for or tiooooo will be re reat reo75ve4 reo75ve4at J
at 1 the once ot tbe Comptroller Cc mJ1lroller In slid ld oltr oltruntil dUIInUl ty tyuntil
until S oclock P M on Thursday May I IMIb I
circulars conditions toadl condltlosaInformation 1 1Information
1801 For contalnlnc IoDI IoDItntormallOn
Information address addreasFUEDEBICK addreMF addressFUEDEBIC
FUEDEBICK F EDEBICIC T 7 JOHNSON JOHNSONFORT JOIlIfSONCOlDptreUer JOHNSONCmptrllr
COlDptreUer COlDptreUerNew CmptrllrNewark
New N NFOnT 7 7i 7rain
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FORT UYER VA A1 Mar II 1804 ISeale4 Staled tiro tiropoaals sf0poasts ro
poaals In triplicate for a New 50000 5O nation Tank Tankand Tsakand
and for Rtrenclbenlnc the Present Platform by byThree b bTblte byThree
Three Double 10 Inch I D Deems ams will III bIo receIved ncelvtituntil reoeInllunlll receIveduntil
until 10 A M June 141804 14 1904 and then publlclr publlcloptlllCd publlcloptlllCdThe opeaed opeaedthereol
The rich la reserved 10 reject Jecl any proposal or nepals nepalstbereoz r rIbtreor
thereol Informttlon furnished upon uponlion aPJIpca appilcatIoO
lion Itavelopes I elopea containing proposals should be bemarked b bmarked bemarked
60000 Uallan Tank Tsakknrf TaIIkand Tankand
marked ProposaU for New NC
and knrf addreoatd kr4 M 4 t LO fBnlaln CaplalD fl G I Iguarterm C ARNHARDT BARNUAUrfQuartermaaler ARNHARDTQurtermaaler
guarterm Qurtermaaler QurtermaalerrJC QuartermaalerOFFICE aster asterOFFICE
OFFICE OF TUB COMMISSIONERS D C CWaablnrton 0WasibIn1on
Waablnrton rJC rJCnOJJlf nOJJlf May 14 l 1004ea1ed 04 esaed proposals e will willbe willbe il ilbe
be received receFed received at this office oln e until 11 oclock ocloc M Woo June
4 19O4 for constructing I a portion of the t Sewage HewafeDisposal SewagelJlpoat
tt S r et tf tfoluml
fl
ef efColumbia ofColunibte
Disposal 1 System r e Outfall ewer In the e District
Columbia oluml l FormiapedBrstlonj Form ape illcatlo < l and nee n necesaarpln necesaarplnformaUon INln INlnronntlon iarr > In Information ¬
formation may ma h M < obtained at 1 this oilIer HFNRY HFNRYII
II F MACrARLANIl HENRY L L WFST JOHN JOHNDIDDLC JOHNIDVLC JOWlIIIDDLI1
DIDDLC Commissioners D C CFORT CFORT CFORT
FORT HANCOCK N J May 12 104 tOOCeled tOOCeledrr 1904SssIdpropositi fMalvd fMalvdproposals
proposals for const colistruetlfln met Ion wilier rI nlumblnt and andsteam asSclean n nbe
steam rr hfatlnr a r Post Eichanre h n Hulldln Iluilding Ir cm her hrti will willbe 3 3be
be revived until 2 I 1 > M I May loIa 27 1804 Informa Information Inlermlion lnternslIon ¬
lion furnished on application U S 0 r rosetTes reseruB rosetTeslIght s nes
lIght to Mvept o 01 reJect J anm or all pro proJ proposals Fe FesoiOfWs
soiOfWs should B be marked tr r Pmpnials oaun for Tnfl TnflEacbanrSaddrLSedlADr
J ebanreaddrcuodjADIM S jTI B1C6LA q u ui
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