Evening star. [volume], April 14, 1905, Page 15, Image 15

About Evening star. [volume] (Washington, D.C.) 1854-1972

Image provided by: Library of Congress, Washington, DC

                
The World
Financ
Yesterday's Conspicuous Fea
tures Marked Opening.
NUMBER SHARES SOLD
MOST LEADERS ROSE ABOVE
FIRST PRICES BEFORE YIELDING.
Aggressive Buying of Other Stocfls
Some Specialties Made Notable
Gains-Fractional Declines.
NEW YORK, April 14.-Yesterday's con
Pidln us features held their place in the
oiairg trading in the stuck market this
Ino a. Reading rose an extreme :,, on
rui.ning s:tles of 12.nM) shares, and Union
I'itli as much on running sales of 6.30
-h;, s. T'1hre was a jump of 2%lv in Woolen
;ra, of l1a in Erie stcond preferred. Ten
inc..", (t'l. Colorado Fuel. Sugar and
troInlitan Securities gained a point, and
i'nit'il States Steel preferred, Smelting.
i ;;.-r:tl 1Electrie. Nletropolit:in Street Rail
S.. St. 'ail and Colorado and Southern
large fr.irtions.
An rly :idvanc, was but indifferlntly
n tint inted. and there were indications of
growing pr.ssure aga,inst Illinois Central,
.' crnoo, . SmIlting and Amalgamated
('cp;r. Aiost of ti le:oiers rose above
their first price.c before yielding. :ind there
was enough aggressive huying of other
st. ks to give an a;lt".r;ine, of irregulai
ity. lhere wais an excellent distribution of
s:"e,,,uait.- int.rtst and trausactions were'
lit,omnntly large in a number of usually
io el"- t . sttcks.
Nu.ir II o'clock. when New York Cen
traI. whlib has been a laggard of late.
nove d l to ido,. the tendency became
genertlly upward again. Union Pacifie
rs. to 13~7i5 and Reading to 99. The
unor a'table ad an(-es were: Woolen. 4;
the preferred. 21, Philadelphia Rapid
Triansit and Ame-ia;n Agricultural Chem
ical. 2 : Northwestern preferred, 2%;
ie:;d preferred. 2. and Car, 1'. S. Pipe,
I)istilliers' Securities. Linseed. Smelting,
Twin City Rapid Transit. General Elec
tri' and Baltimore and Ohio preferred, 1
to 1
The scstained strength of Union Pacific,
St. laul and New York Central was the
feat lire of the railroad list, which moved
narrowly otherwise. Italtirmore and Ohio,
Louisville and Nashville. Atchison, Min
neaipolis. St. Paul and Sault Ste. Marie
and Northwestern. however. rose 1. The
movement among industrials and spe
cialties showed great variety. Union Pa
cilti touched 1316, New York Central 101
anid St. Paul, 151.
The more notable gains among speclal
ties were Hocking Valley, Car. Pressed
Steel Car, Pipe and Linseed preferred and
Beet Sugar, 2 to 3; Philadelphia Rapid
Transit. 4. and American Express, 8.
.Pa, Loconotive. lee preferred. Federal
Mining preferred and Pacilic Mail lost a
point. and fractional declines were made
in some prominent stocks. Bonds were
irregulati at noon.
Pennsy'lvania made a belated response to
the for.noon advance in other eastern
trunk lines and rose above 144. Support de
veio,cd on Locomotive and it recovered Its
loss.
Some new advances kept up the variety
of the market, but realizing made an im
pression on the leaders, carrying Union
Pacitic back a point. Amalgamated Copper
ruse I on large buying, and Illinois Central
and Smelting made headway against their
early depr.ssion and rose 1% over yester
day.
Pressed Steel Car rose 4th in all. Tennes
see Coal :t, Sloss-Sheffleld Steel 2 and some
ninor stocks a point. Rubber Goods pre
ferred and Wabash preferred lost 1. Toledo.
St. 1.ouis and Western preferred 14 and
Westinghouse Electric first preferred 4%.
The movement in Northern Securities on
the curb. with a rise of 5%4. kept pace with
tihe transcontin.ntal stocks on the ex
change. St. Paul allied to 1ti% before 2
o'clock.
NEW YORK, April 14.-An excited buy
ing movemcnt broke out in St. Paul after
12 u'c.h.ck i,i on putchases of many thou
sands of shares its price touched 1Ni, or al
most four points above yesterday's final fig
ures. (other transcontinental stocks did not
rise materially above the level reached at
nron, although Union Pacific brought 136%.
New York Stock Market.
Ft:rlshed by W. B. Hibbs & Co.. bankers
nnd brokers, 119 F street, members New
York stock exchan~ge, Washington stock
exchange and Chicago board of trade.
Open.11b.L.3:.
Amalgaimated Copper. N1M8} 18%8l
American lncomlotive.. 607 64%59 9
American l.oco., pf..... 12-.~ '$ '1W1
A m. Car & Foundry..... 411<~4~ t
Am. Car & F'oundry, pfd 10Y2% 13 0%1
Amierican le...............-.....
A merican smelting...123 i3'12 l>
AmnerleanSmnelting.pfd 125i l~ 2 2
American Sugrar........143s 4tj 14%14
Inter Rlaplid Trast.... 211 0 21
A tch., Top. & S'. F'.w......... 9/
Ateh., Top. & S. F., pf<i 133 .' 13 0
Baltimnore & Iiht o........10"10%
N or the rn .ecurities...174 ~19 ,,
Brooklyn Raoi<l Transir, 71147 7% 0.
Canadian acific.........115
Ch icgo &A Ito ..........540
Ch icago & A iton, pfd..... 1 1 4J4M~
ChlicagoiGreat Western.. &3' 2 3
Obhi.. M i t & ft. Paul1....... 180 5% 7~,,14
ClrdFu&Iron ..... 63% 66 51 4
Cosldae as... ... .... 2041% 14 2)
Delaware & iludson....... 195 15 15 11
Erie, cornmon......... 46% 6% 41
Ere,2d1 pf.............. 70ks, 14 1 1
tiene ral Electric.. ..........i4~ 184
lilinois Ceutral .-............. 16ii,
K ansas City Souhern... St4 ilM3
Louisi lile & Nashville. 1424 4 42412
4an hattan Elevate.... 167 17 16
Metrop.olitan 8ees. Co. e7% t 7 57'
Netropolitan St. ktv..... 123% 12% 22
Mo., Kan. & Fez., com.. 12% 2 1 1
)iv.. Kan. & Tex., pd. 681 1%614 81
M Isoura Pacidef...... 1u74i8~ 0hI
ColoradoSouthern........ 29 i4 9 29
A merican Toubacco 4's........
Foutiern Pacific, pfdL.... 11816% 8 11418
le t. .'ou.. pil.. ........ ...... .
b ationalj Lead ...........7 48
Z'. Y n., Uut. & Western.... 61, 11 61 6
5 or olk & aWeer........ 86
iPenu.yIv ania iR. K.....1419,14'1l~14
i'eople's Gias of Unicago 10)i 1~ 0~IV
Pressd stel. Ga.......... i
kteading, 1st itd......... 112% 1 12
kMead ins at1 phI............ ......
kte pubkic stiee1 & Iron. 28 3 3 23
Rep. o'teel & iron, pfd...5 82% 8 4
Rock Island, coinnon . b6 4% 31
*ftock island, pfo......... 79%9
bt. Louis aoutuwestern. 263% 2~16
bt. 1.ouis... W., pfd ..... 66 1 6% o~
houth~ern Railway, pfd 11% 97 t.' 7
'l eu. Coal At lrin..... 14J% 1i IU 9
'. exas Pacilic............ 35 .,~
Lulnon Pacific.......1341-1357 l~1414 .
U nited htates Leathesr.... -..11....
L . 5. Leather, ptd........... 111.
Linited states Rubber.... 431 1%41%41
L ited Ntat,is hteel........ 37 W 37 3%
U. &. steei, pfd . 1............. 11)J
U. &8 hte 2d. 6'........ 97% % li413
%==a..............~.. 22% 21 2
Wabash, phd..... ........ 46 64 4$
Lhl. Ter.& T. Trust,, p6d. 84
Ufntral ilway or N.J. ....... .~
Mock Island Co. 4's........ 8% 8~8% i
Atlantic Coast Line...... 10 4~1
OONWEVCityE. id.... Aprl.....nte
the erios linaseot I. igo . Lsowg. 3:05
maaee le%t8a% es%
~ i~ 60% -. % .9%
of
e and Trade
NEW YORK COTTON YARET.
Opened Steady at Unchanged Prices
Decline of Three Points.
NEW YORK, April 14.-The cotton mar
ket opened steady at unchanged prices to a
decline of 3 points In response to lower ca
bles and turned easier immediately after
the call on New Orleans bear pressure in
connection with scattering liquidation and
local sellitig, encouraged by good weather
in the south and apprehension of a break
in the ranks of southern holders.
After declining to a net loss of 4a6 points,
the market was steadied somewhat by Wall
street buying, but the rally was slight, the
sentiment seeming unsettled.
At midday the market was active and
weak under selling by local and New Or
leans bear interests on reports of easier
spot markets south. Noon prices were:
Net. 8a!1 points lower; spot, quiet; mid
dling uplands. 8.00; middling gulf. 8.25.
Estimated receipts at the ports today,
2"4,010 bales, against 41,650 last week and
4.374 last year. For the week, 165.000 bales,
against 1!,491 last week and 27,025 last
year. Today's receipts at New Orleans.
(I,!t.O bales, against 2,166 last year. and at
Houston. 5,018 bales, against 1,i3 last year.
Futures opened steady. April. 7.38 bid;
May, 7.51; June, offered 7.44; July, 7.47;
August. 7.50)a51; October. 7.61: November,
7.64 bid; December, 7.66; January, 7.69.
Spot closed quiet, twenty points lower;
middling uplands, 7.85; middling gulf, 8.10;
sales, 5(0) bales.
CHICAGO GRAIN MARKET.
Liberal Argentine Shipments and
Rains Lowered Prices Today.
CHICAGO, April 14.-On liberal ship
ments from Argentina and general rains
throughout the United States July wheat
declined to 88%c. here today. May to 1.16.
Influenced by wheat, July corn sold off to
July oats were firrt at 30% on a good
general demand.
Several commission houses had moderate
offerings of May. with comparatively little
demand, and the price, steadily declined.
Distant futures also became still weaker,
July selling off to 87%c. The market closed
weak with May at the lowest point of the
day, at 1.14%. a net decline of 1%c. July
was down %c. at 87%c.
Lower corn prices at the sample tables
caused additional weakness in speculative
values. After selling off to 481/4a48%c., July
closed at 48%c., a decline of %a%c.
Wheat-aMay, 1.14%; July, 87%; Sept., 82%
a827.
Corn-April. 48; May, 48%; July, 48%;
Sept.. 48%a48%.
Oats--May, 30a30%; July, 30; Sept. 29%.
COUNSEL FOR THE SOUTHERN.
Alfred P. Thom Appointed Head of
Law Department of Road.
Special Dispatch to The Evening Star.
NORFOLK, Va., April 14.-Alfred P.
Thom. formerly division counsel here for
the Southern railway, who in the reorgani
zation of the law department of that rail
way becomes general counsel at Washing
ton, leaves tonight for that city to assume
his new duties tomorrow morning. relieging
Colonel Henderson, who goes as general
solicitor of the Southern railway at Knox
ville, Tenn.
Baltimore Markets.
Spe.:lal Dispatch to Tht. Evening Star.
BALTIMORE, Md., April 14.-FLOUR-D11, un
changedY; receipts, 3.337 'barrels; exports, 614
barrels.
WiEAT-Dull; spot, contract. 106!,.a106%; spot,
Nt. 2 red w,stern, 107%; April. 106%,a106 %; May,
10 ,% asked: June. 101 asked; July. 86 bid: steamer
No. 2 red. 971at97%: receipts. 7.153 bushels; south
ern .y sample. 87a105; southern on grade, 97a107.
CORN Quiet; spot. 52%a52%$2; April, 52%a52%:
May, 32%:52:; July. 52%a5274,: September. 53;
steamer nirxed. 4M7.ka49; receipts. 70.051 bushels;
exports, 163,587 bushels; southern white corn, 49a
s24j; southern yellow corn, 49%a53.
.)ATS--Firm; No. 2 white. 36%a37; No. 2 mixed,
351; receipts. 21.466 bushels; exports, 146 bushels.
RYE-Firm; uptown, No. 2 western, 90 bid; re
ceipts, 59: bushels.
I AY-Steady, unchanged.
G;RAis FRLEi(GIlTs-Quiet. unchanged.
BUTTEt-Firm; fancy imitation. 26a27: fancy
creamery, 31a32; fancy ladle, 24a25; store packed,
20s21.
EG;GS--Firm, 16%,.
('IIEESE-Firm; large, 13%; medium, 14; small,
14%.
SUGAR-Coarse granulated. 6.25; fine, 6.25.
GOVERNMENT SECURITIES.
Eid. Asked.
2 per cents, registered, 1930....... 104% 105
2 per certs. coapons. i930 ........ 1047 1054
8 pet cents, registered. 1908-18..... 104- 104%
:3 per cents. couipns, 190-15....... 105% 106
3 iwr cents, coupons, small, 1908-18. 103, 104
4 per cents. registered. 1907....... 104% 10514
4 ner centi, como'ns. 1907......... 104% 10)51%
4 pcr cents, registered, 1925....... 132% 133'
4 per cents, coupons, 192b......... 133 133q
District of Columbia 3.65s. 1924.... 118%
4 per cents. Pr.Ilippine. 1914-34..... 109
Today's Government Receipts.
National bank notes received today for
redemption. $1.024,547; government receipts
from internal revenue. $90)0,413; cristoms
$x87.112; mIscellaneous, $86,644; expendi
tures, $2.0,0)40,000.
Grain, Provisions and Cotton Markets.
CHICAGO. April 14.-GraIn:
Open. High. Low. Close.
Wheat-May........ 117% 117%4 114% 114%
July......... 8'% 88% 87% 87%
Co-n-May. ........49 49%4 444%-14 48%
July.........48% 4445 48'4-% 48%
Oats-May..........30% 3 30-w 30-%
July..........30% 30% 30 30
CIIICAGO, April 14.-ProvisIons:
Open. IIigh. Low. Close.
Pork-May.........12.87 12.87 12.80 12.82
July ... .. .. 13.15 13.15 13.05 13.07
Lard-May........ 7.32 7.35 7.30 7.30
July........ 7.47 7.55 7.45 7.47
R ile-May .. .. .. . .7.10 7.12 7.07 7.07
July........ 7.37 7.37 7.32 7.32
NEW YOItK, April 14.-Cotton:
Open. High. LoW. Close.
May................ 7.51 7.51 7.40 7.40
July................. 7.48 7.48 7.37 7.37
August.............. 7.50 7.50 7.43 7.44
October.............. 7.61 7.61 7.50 7.51
December............ 7.1t6 7.60 7.54 7.55
Rate War May Be Settled..
At a conference of the freight traffic offi
cis of eastern and western railroads held
in New York yesterday action was taken
which, it is believed, will settle the rate
war between the eastern and the gulf lines.
An arrangement of the division of the
rates between the eastern and western rail
ways was adopted which will enable the
eastern roads to meet the cuts made by the
gulf lines.
This is said by those Interested to be tan
tamount to the serving of a notice upon
the gulf concerns that the eastern and
middle western roads are now a unit in
rate making, and -will meet all cuts. The
officials expressed the belief that the gulf
lines will agree to satisfactory rates for
the coming year at the Buffalo meeting to
be held within a few days.
The Northern Securities Rise.
A reason for the great advance in North
ern Securities, which touched 174 yester
day, was given by a man largely interested
in the conmpany. who said that Mr. Hill
and his associates propose to increase the
stock of the Great Northern railway, one
of the constituent companies of Northern
Securities, by at least 50 per cent, and pos
sibly 75 or 100 per cent. The present stock
issue is $124,000,000. The proceeds from the
sale of the new issue, it is said, will be
used for acquisition and development of
rich iron ore properties in the northwest.
These are the same properties which the
United States Steel Corporation has en
deavored to buy. Mr. Hill owns some of
them personally, and others are owned by
his associates, as well as by the railroad
itself. The plan as ou.tlined- contemplates
offering the new Great Northern stock to
stockholders at par soon after-the return of
the stock by the Northern Securities Com
pany. It is believed that the rise in Great
Northern stock to $825 a share is, like the
rise in Northern Securities, attributable to
the alan..
Treties Appmoved
THE HAGUE, Apr21 14.-Jhe ueond
chamber et the- etates gemeral today ap
proved the arbitration treaties betw
the Netherlands and Denmark
LOCAL FIN ANC rB
WAS INTOIN 8TOC8' IMCHANGS
AND WOTit Or nrnaar.
A record was made In the eommon stock
of th~e Washington Railway aad- Electro
Company at todar's meeting of the stoeK
eschange. For a time the trading was so
active that it was impossible to keep a
record or even for the sellers and buyers
to know exactly what was going on. BroK
ers left their seats and rushed toward the
seller, waving their hands and shouting
"sold."
The scramble for a chance to buy the
stock was one of the liveliest ever seen on
the floor of the exchange, and one broker
alone disposed of about - 4,000 shares, an
unprecedented amount of stock to place on
the local market In one day.
The principal seller made no effort to ad
vance the price and started out with of
fering it at 86%. He continued to supply
the demand at. these figures until be had
exhausted his order.
No-change was made at first in the level
of prices from that of yesterday, as the
trading opened at exactly the same figures,
namely, 36 bid, 36% asked. There seemed
to be a feeling that was very general that
the downward movement of the stock which
had been In progress during the past ten
days or more had come to an end. Last
Monday 371 was bid for the stock an4 374
was asked.
As soon as the stock was called an offer
ing was made of 364. Cries of "sold" were
heard from apparently all portions of the
room. As it turned 'out there was urgent
buying demand at those figures. and after
the broker had unloaded hs order and had
completely sold out the demand was sufti
cient to run up the price, so that there
were sales from 36% to 36%.
A feature of the trading was the selling
of options at 36%. and the stock for this
purpose was mainly. supplied by buying
what was offered at 36%. The latter was
bid for a block of 5.00) shares or for 1.41X)
shares. and' toward the last a bid of 36%
was made for 1.() shares or any part. At
the close 36% was bid and 3(6% was asked.
It was noticeable in the trading that there
was free bidding for large blocks, and no
less than three 5)-share lots were sold and
one 1.000-share lot.
The tradifig in the preferred stock of the
Washington Railway and E!ectric Company
was rather limited in amount, but much
better prices were obtained than was the
case yesterday. Today the sales were on a
range of from 94% to 94%. Yesterday the
bid was 94 and the asking price 94%.
Capital Traction stock was more active
today than is common, but on a range
lower than usual. Yesterday 144% was
bid and 145 was asked, while today the
sales ranged from 144% to 1:3%. A bid on
the latter level secured a block of 10) shares.
The total sales aggregated 220 shares. At
the close 143% was bid and 144 asked.
The dealings in Lanston reached an ag
gregate of 1.200 shares and the prices
were from 14% to 14%. Yesterday the bid
was 14% and the asking price 15.
There was some trading done in the bond
list and the prices paid were on about the
same level as in recent days or a little bet
ter.
The best bid made for the Metropolitan
Railway certificates. series A, was 10'2.
Washington Stock Exchange.
Rales.-Regular call. 12 o'clock noon-Washington
Rwy. and Elee. 4s. $1.000 at 89%. $500 at 89%..
$1,000 at 89%. $1,000 at 894. $1.000 at 149%. $1.000
at 819%. $1,000 at 89%. $500 at 89%, $500 at 894.
Columbia R. R. 5s. $1.000 at 108.
Washington Gas cert., $1,000 at 122%.
Chesapcake and Potomac Telephone 5s, $1,000
at 107%. $1,000 at 1074. $1.000 at 107%.
Capital Traction. 5 at 144%, 10 at 14414, 20 at
144%. 20 at 144. 20 at 143%. 20 at 143%, 20 at
143%. 100 at 143%, 20 at 143%.
Washington Rwy. and Elec. pfd., 5 at 94%, 100
at 94%, a040 a' 34%. 50 at 944, 100 at 94%. 100
at 94%. 50 at 94%. 10 at 95.
Washington Rwy. and Elec, com., 100 at 36%,
200 at 36%,. 100 rt 36,. 100 at 36%1. 100 at 36%3.
100 at 3614. 100 at 361,, 100 at 364, 50 at 364,
100 at 361/. 14 at 36k%. 100 at -36%, 100 at 3614,
100 at 36%. 100 at 36%, 100 at 36%43, 50 at 361,,
5 0 at 364, -00 at 361. 100 at 364, 500 at 36%,
100 at 361%. 100 at 36. 100 at 36, 50 at 36% (buyer
60). 100 at 3614 (buyer 60), 100 at 36%. 100 at 96%
(buyer 60), 100 at 36% (buyer 60). 100 at 36%
(buyer 60), 100 at 364. 100 at 36% (buyer 60). 100
at 36% (buyer 60). 200 at 36% (buyer 60), 100 at
36(% (buyer 60), 200 at 3614, 100 at 3614, 200 at
3614, 100 at 3614. 100 at 36%. 500 at 3614, 500 at
36%.4, 500 at 3614. 1 000 at 36%, 50 at 36%, 100 at
36%, 100 at 36%. 100 at 364.
American Security and Trust, 10 at 244%. 8 at
244%
National Union Insurance. 111 at 7%.
Washington Gas. 25 at *66%. 25 at *66%4.
L.nston Monotype. 70 at 14%. 100 at 14%. 100
at 14%. 100 at 14%, 100 at 1414, 100 at 14. 100
at 144. 100 at 144. 104) at 14/,. 100 at 14%. 100
a'. 14%. 100 at 14%, 100 at 14%.
Greene Copper, 100 at 29%. 100 a,1 2914.
After call-Capital Traction 4a, $1.000 at 10814.
Washington Rwy. and Elec. 4s, $1,000 at 89%,
$5,000 at 89%.
District of Columbia 3.65s, $50 at 117, $750 at
117%.
IT. S. coupon 3s. $300 at 105.
Washington Rwy. and Elec. pfd., 15 at 94%, 100
at 94%.
Washington Rwy. and Elee. com.. 25 at 36%.
Washington Rwy. and Elec. 4s, $1,000 at 89%.
RAILROAD BONDS. ;
Bid. Asked.
Capital Traction 4a......... 118 109%
Metropolitan Railroad 5e........... 119 11g%
Metropolitan s :'ert. indebt A.... 102 ...
Metropolitan cert. indebt., B...103% ...
Columbia 6s...................... 117 118%
Columbia 5S...................... 107% 109
City and Suburban 5a............10o ...
Anacetia and Potomac 5e.......... 106 ..
Washington Rwy. and Elec. 4a.--.-. 89% 89%4
MISCELLANEOUS BONDS.
Washington Gas Cs. series A...114 115
Waahington (las 6s. series B...114 115
Washington Gas cert. .. .. . ..... .... 122% 122%
U. S. Elec. Lt. deb. imp. 6s...105% 1061
U. S. Elee. Lt. cert. 1n. 41s......... 103V 105
Chesapeake and Potomac Tel. 5... 107~ 108
Washington Market 1st 6s.........110 ...
Potomac Eiectrie Ba..............*. 107%4 109%4
SAPE DEPOSIT AND TRUST STOCKS.
National Safe Deposit and Trust. .. 182%4 187%4
Washingt;on Loan and Trust...221 23
Arreriean S.ecurity and Trust...-244 24
Washington Safe Deposit.......... 42% ...
Union Trust....................,128 12,
Wr.shington Savings Bank.........112 115
Home Svings Bank.............20 ...
RAILROAD STOCKS.
Capital Traction ...................143% 144
Washington Rwy. and Elec. pfd... 94% 945,
Washington Rwy. and Eleec. com... 36% 36%
NATIONAL BANK STOCKS.
Commercial........................ 168 189
Bank of Washington...............495 505~
Metropolitan-ClieiIs'..............845 38
Central...........................1
F.arnmers and Mechanies'............o
Second............................18 io
Columbia..........................23 3
Capital............................IO g
American..........................17
Traders'..........................1 1
Lincoln...........................12 3
Rigg.................. 0 ....
Firemens.......0.........
Potoma..........17.........
ARig............................. *5 0
FrnanlAm.........................23
Metiopol itain.......................7 1
Corcurba...........................it 2
Rigom.e...............................
PA oln to . .. .. . .. .. . .. .. .
Natrioal...io.... ...................
Colnia.......... ..............
Reals .at .......................
Pole'i Title....................
Commeretonl...................
Chesapake ad Potmac.......
Anmricn rapoponecor.... 7.. 9...
Wasing. Ga.......... 20o ...
Georgetwn Gas.2..0.......
CLsonaMo.o.....................140 16'
ISLLNOUSAC STOCKS.
GreenemCon T ote................2 4%9j
Washington Mitko................1
Nor,pa and as.oteoat........275 485
Americay Apraisalphoncy...........9%
Geotor Gasn ............ of .....r
fordgofthle Lm Sn ityarium.... wa4% to...
yaso ago,natyer.- --.---.------ ad b1e
pefrmeedCn uoner. .......... w2as trie
an oce Norcs.Sembore.... and wa25e
senltencedprothirAgenyears.......cond27
Degretmrder. uly fMudr
-OCICAO. Apra. April4.--Dr Crof
foUr of t-yp U theLmn ai ariuma. to
found guoity of t h Inorde of a Maudet.
mSte whodie at 1t~t sairu fou1r
degee mure.Dbbsuo Ia is
Is tbed toRis e u
a f - ,-ma- . er9l-rl in
York Cental rXger.
Bonds aggregating 4SM.,00,U-the great
eat railroad tsese ever made-must be mar
keted by the Union Pado to c.nmmatt
its merger with the New Tork Central are
term and the Chiago and Northwesters
railroad, according to details Of the under
writing made public in New York yester
day for the Brst time.
The consolidation will produce the great
eat railroad system in the world with thi
greatest capital.
Its total of stocks and bonds will be
greater than the national debt of the
United Stat"e. There is not enough money
in the United States to pay cash for th.
capitalised value of the system.
The total mileage of the system will be
96,244, or enough to go around the world
almost twice at the latitude of New York.
-The plan of consolidation is all under
written and the promotera are merely wait
ing for a- favorable time to announce con
summation of the scheme.
There Is to be an issue of 15 per .cent o
stock made by each of the roads to be ab
sorbed. That issued by the Chicago and
Northwestern is to go as an extra divident
to the stockholders. That issued by tlh
New York Central will be sold to stock
holders at 125; piroducing $28.125,000 cash
with which to' male kmrovMinents already
planned on the systeln.
The total stock of both roa4s is then to
be purchased by Union Pacifl" with bonds
The Central stock will be taken at 200 in a
4 per cent bond, and the Chicago and
Northwestern. at 36, :wit& a 3I per cen1
bond. Al-of the#e lpeds'have been under
written and enough stock of both. systems
is pledged to vote- for the plan to carry it
through.
The consolidation figures out this way:
New York Central stock'now authorized
$150,000,000; 'new stock, $22,500,000; total
$172.500,000; bonds, required at' 20), $345,
000.000.
Chicago and Northwestern stock author
ized, $100,000,000; new stock, $15,000,000
total. $115,000.00; bonds needed to retire i1
at 300, $445.000,000.
Total of bonds, $790.000,000.
There will be above $2,000,000,000 of un
derlying stocks and bonds covering the 36,
244 miles of railroad, which will be divided
as follows:
Urlion Pacific system, 6.142 miles; South
ern Pacific, 8,933; New York Central sys
tem. i3,804; Chicago and Northwestern,
7,365.
The agreement to consolidate these sys
tems was reached several months ago, long
before W. K. Vanderbilt and J. P. Morgan
sailed for Europe. The underwriting has
been completed several weeks, but all un
derwriters were pledged to secrecy.
There are many details of the consilida
tion still to be worked out before the an
nouncement can be made officially. It is
expected that these things will be hurried
through the distribution of assets of the
Northern Pacific and Great Northern stock
by the Northern Securities Company the
coming week.
PRESIDENT IN COLORADO.
Crossed Boundary Line at 11:50 A.M.
Presentation.
TRINIDAD, Colo., April 14.-President
Roosevelt crossed the Colorado-New Mexico
boundiry line ,at 11:50 a.m. Gov. Jesse F.
McDonald of Colorado and his party met
the President at Army Gap, N. M. After
greetings were exchanged Gov. McDonald
presented to the President a special en
grossed hunting license, giving him permis
sion to kill any game he may want in Colo
rado.
The President's trip through New Mexico
was a continuous ovation, for although the
train did not stop at small stations, there
were crowds at all of them, who let out a
good wostern yell for the 'nation's chief
executive.
EXPLOSION ON STEAMER.
Fireman Suffocated by Escaping Steam
-Third Engineer's Escape.
NORFOLK, Va., April 14.-By an explo
sion aboard the British steamer Himeria
Firemar. J. Capara, a Greek, shipped at
South Shields, England, was suffocated by
escaping steam. The steamer, which is
bound fron New Orleans for Flume and
Venice via Norfolk, with a cargo of corn
and cotton, came in here today under one
boiler and behiId time. She sailed from
New Orleans March 31, and on the after
noon of April 6 one tube plate and two
furnace crowns in the starboard boiler col
lapsed.
Only two men were below. One fire
man on watch had just come up for a lamp
when the explosion occurred. Captain
Lockhart was on the bridge and instantly
ordered that the engines be shut down, at
the same time warning the engineer.
Third Ergineer Hodgson immediately
emerged from the engine room, and thus,
by a few seconds, escaped the death which
overtook Fireman Capara, who was after
ward found with his arms bent and so
rigid that they could not be straightened.
In this position the man was burled at
sea.
The Himera is a steamer of 2,351 tons net
register, and hails fronm Liverpool, but is
owned at St. John, New Brunswick,
THE HARGIS MURDER TBTIAT.
Long Wrangle in Court Over Selection
of Jury.
LEXINGTON, Ky., April 14.--FollowIng
a long wrangle between attorneys in the
Hargis case, the court .today excused R.
W. Bacon from serving on the jury which
is to try Judge James Hargis for alleged
complicity in the Breathitt county, Ky.,
feud murders. Bacon yesterday admitted
that he was a friend of Judge Hargis
and had not only apprised Hargis' attor
ney of that fact, but had sent them the
name of a prospective juror who was also
friendly to Hargis.
HANGED AT PATERSON.
Two Negroes Died on the Gallows for
Murder.
PATERSON. N. 3., April 14.-Arthur Las
ter and Joseph Miller, two negro murder
ers, died on the gallows in the county jail
here today. It had been expected that Las
ter, who made a desperate attempt to es
cape- from the ja-il last Sunday night after
shooting his death watch, would make
trouble today, but he went to the gallows
without resistance. Neither execution was
marked by an unusual incident. Laster was
the first to go to the scaffold. The cap and
rope were quickly put In place, the drop
was sprung, and twelve minutes later the
physicians pronounced the murderer dead.
Twenty minutes .later Miller had gone to
his death from the same scaffold.
Laster fatally shot Max Wollenburg last
June while attempting to escape after be
ing detected in the act of robbing Wollen
burg's store in this city.
Last Sunday night after the death watch
had been placed before the condemned
man's cell Laster made a sensational at
tempt to escape. Securing permission to
leave his cell for a moment, he savagely
attacked the guards, secured the revolver
of one of them and shot both of the officers.
Then he attempted to get possession of the
keys which would open the iron doors be
tween him and freedom, The guards fought
back desperately, however, despite their
wounds, and finally succeeded in getting
a door between themselves and the pris
oner. A few minutes later, with the aid
of reinforcements, Laster was overpowered
and returned to hi. cell.
Miller was convicted of the murder of
Mrs. Cellon Stewart, a colored resident of
Midvale, on the night of September aii last,
He entered- the- womnan', -house and after
an attempted assault cut his victim almost
to pieces with a rawa.
-Mild Wit* hi Ala-a
SEICLN. WasL A4 - pea
*rem Nome to the Pes Inatpeoar statoe
that the past wint;ei' h been Uueemt
ed for maldnes anad tata e ee s rapib,
breaMon. up -all a tha M .d N;S
M--hars bay the water ts esat ed th lee
,arsth as fra a
annenpen 4 = a Md s
D<>s iseli t Qsmanfs ? .IMu. e
- rma Ount's satmnt.
BSRLN. April 14.--Count von Tatten
bach-Asbold (who bas been appointed teo
polary ~charge d'affaires of Germany In
Morocco) has given the orreaspoadent of
the Lokal-Anseiger, at Fes (where the count
is arranging for a special German-Marooem
treaty), a declaration of Germany's poie"
toward Moaoco
"It is not only Germaly's right." the
count says. "but also her immediate and
undeniable duty, to protect and develop her
Moroccan interests. While she energetical
ly demands for the powers signatories at
the conference held at Madrid in 1 OG a
frank recognition of the open-door policy,
Germany insists on the preservation of the
-sultan's sovereignty and the independence
of Morocco, especially because both are
mentioned vaguely in the Franco-British
agreement, and, therefore, permits legiti
mate doubt on this subject.
"Germany's program of action. which
stands on a sound and irreproachable foot
ing, is, fortunately, generally supported by
public opinion In Germany and has the
sympathy of the whole Spanish population,
Including the liberal party, and the ap
roval of all. the . unprejudiced powers.
Therefore, Germany may confidently carry
out her plans and can fearlessly face the
consequences, whatever they may be.
"The watchword of Germany is-daunt
lessly forward."
HAb NiAROW ESCAPE.
Twelve Men Caught in Submerged
Tunnel.
NEW YORK. April 14.-A dozen men who
were at work in a tunnel underneath the
Hudson river, between Jersey City and
New York. had a narrow escape from being
drowned today when the walls of the tun
nel caved In and the hole was flooded. The
tunnel is intended for use of the trolley
cars to connect the two cities.
A shaft forty-five feet deep has been sunk
in Jersey City, and from the foot of It a
tunnel has been extended a short distance
under the river bed. The men crowded a
narrow ladder which led up the side of the
shaft so badly and the water gained on
them so fast that some of them started to
climb a hoisting chain suspended in the
center of the shaft.
One of the men fell from the chain and
would have knocked some of the others
from the ladder had he not been caug7i. by
one of them as he dropped. Before the last
of the men left the tunnel the water at the
foot of the shaft was four feet deep.
VICTIM OF SHOOTING DEAD.
Ante-Mortem Statement Exonerated
Man Who Did It.
Special Dispatch to The Evening Star.
NORFOLK, Va., April 14.-James Griffin,
aged thirty-eight, who was shot here some
days ago by Thomas Beard, died at the
Norfolk Protestant Hospital today as the
result of his wounds.
Griffin in his ante-mortem statement com
pletely exonerated Beard, declaring that the
shooting was accidental, while the two were
playing. Beard, ' who was out on a $1,000
bond at the -time of Griffin's death, wil
probably not be rearrested at this time.
Crew of Sunken Bark Landed.
LOWESTOFT. England, April 14.-The
crew of the Norwegian bark Tancred, from
Gc,ole for Gaspe, Quebec, were landed here
today. The Tancred was sunk in a col
lision with the steam trawler Ostrich,
which reached Grimsby yesterday consid
erably damaged.
FINANCIAL.
L P O S I T Francis H. Smith.
your busi- Al,i, M tr
ness or per- tlt V. Pres.
E. Quincy Smith.
sonal funds 2d V. Pres.
with t h i John B. Sleman. Jr.,
with th i sSecretary.
b a n k and D. Fulton Harris,
enjoy every Jackson a
banking fa- I. G. Kimball.
cility. i
Savings deposits
earn interest
annually at
$1 opens a savings account.
Union Savings Bank,
Bond Bldg., 14th & N. Y. Ave.
ap14-30d
sUmmamaumu1memn lann1 mnWmImmImIpnmummsunusmmIsmmamII- au
REASON IT OUT
WITH YOURSELF.
and receive no monetary con
sideration in return. Invest
yul this same rent money in
shares of this association and
yo'lhave a home to show for it in
ten years or so.
I7Can you afrord to hesitate in your
*choice? consult us.
CIti zens' Equitable
I'Building Association
ILOf Georgetown, D.C- 3066 M st.
Small sums
systematically saved
grow with
surprising rapidity.
~PHE safest and most satisfac
tory way of accumulating
small savings is to subscribe
for shares in the First Co
Operative Building Association.
You amy deposit $2.50
to $10,000 any business 4'b
day. Interest -allowed
annually at.... .....
FIRST CO-OPERATIVE
BUILDING ASSOCIATION,
Sd eo. W. King. Tress.
1325 32d St. 3. Barton aMier, sier.
ap14-80d
SAFE STORAGE
DEPOSIT ROOMS,
boxes, medium good size room,
size, per year, per month,
.$2.50 $2.00
Washington Safe Deposit Co.,
916--PA. AVE.-f1S,
apl4-20d
Every married womarn should
have her own bank account as
a protection against unforeseen
accidents. Why not start one
yourself? A little saved each
week soon grows into a comn
fortable sum, and though you
may never need it, you will feel
the safer for having it.
Home Savings Bank,
- t and Mass. Ave.
Deposits more than a Million
smoseDollars.
M .draOtieRou
MZEADUIL
LETTERS of Credit.
1 3,000 Correspondets.
1 DRAFTS on Every Country.
s,oo ter *pnents.
TRAVELERS' CHECKS.
1.es0 corresponenta.
everywhere..
MONEY ORDERS
On New York. Receipts attached
THE TRADERS
ATIONAL BANK, p"a,.
aDi4-za
HEN you can use any
thing from a thousanc
or so up to fifty or i
r thundred thousand dol
lars to advantage in some building
operation, consult us about nego
tiating the loan for you.
rompt servie Ins
it *ture here. Loans ii
varying amounts are al
was. on call.
The F. H. Smith Co.,
Real Estate. Loans. Investments. Insurance.
1408 N. Y. Ave. 8otd Bldg.
apl4-d,eStu,2R .
HE DEPOSITS in this j
institution at the time
the three different calls
of the comptroller of
currency, since this bank was
founded, were as follows:
i Nov. 10, 19%...........$1.026,763.(R0
Jan. 11, 1905................ 1.512.382.O1
March 14,. 1905............. 1,849,750.96
% COMMERCiAL
1NATIONAL BANK, "oh
n aP14-2Sd
"1'
Hlavenner
&
Kennedy
Scal wiro grain and
Speialwir toNew York and CUi.
eago. Buying and selling bond. a
specialty. Correnpondents: The Stoch.
Grain and Provision Compay of New
York. 10 Wanl at.. "Tbe Loring
Wires." Rooms 22-23-24 and 25. Hom.e
Life building. 15th and O sts. n.w.
'Phone Main 110 and 111.
Washington
Loan & Trust Co.,
OFFICE. COR. 9rH AND l STS.
PAID-UP CAPITAL. $1.000,00.
- Loans in any amount made on approved real
--- estate or collateral at reasonable rates.
- Interest paid upon deposits on monthly hat
- ances subject to cbeck.
- This company acts as executer. administra.
- tor, trustee, agent, treasurer, registrar and
- in all other fduciary capacities.
-- Boxes for rent in burglar and Breprest
- vaults for safe deposit and storage of sale
- able packages.
-- Real Estate Department is prepared to as
-- same the management of your real estate.
- Careful attention given to all details.
JOHN JOY EDSON..................Presidenj
JOHN A. SWOPE..................Vice Presideal
ELLIS SPEAR .............Second Vice Presideal
ANDREW PARKER ....................Treasuret
HARRY G. MEEM............Assistant Treasure
BOYD TAYLOR ............Assitant Treasure
THOMAS BRADLEY..........eal rotate Odicsr
de20-tf.86d.eSt
Lewis-Johnson & Co.,
Bankers, 1319 F St.
Investment Securities,
Government Bonds,
Letters of Credit.
IL?Foreign and Domestic Exchange.
Direct Private Wire to
MOORE & SCHLEY.
apl3-d.eSu,28
The Safest Investments
Are thise that do not depent
or the tabit of anyidvdJ
trust (mortgage) note lerall
Dsr of Columia eonsttt
"gilt-edged" investments. Thes
sup'fy to ln,estors. They bear
atnte rate of ie peent pee
annum san may behdofp usi
at par and accrued intarest. Send
a. Invetments.
Swvartzell, Rheem &
Hensey Co.,
WARNEB BUILDING,
916 F STRLiAT NORTHWEST.
Capital, surplas~iidProtT2,250,98.0.
SRAFTS issued direct
on the principal
cities of the world.
-Letters of Credit issued.
-Money transmitted by cable.
-Exchange bought and sold.
-Stocjcs & Bonds bought & sold
-Collections and Investments.
Ri ggs
LENN. AI E. OPPOSI'tE U. L TREASURY.
ap18-28d
SDOPT a system-save
systematically. Make
it a point to deposit a
certain amount of
money in a savings account
-here at regular intervals.
Interet paid
on savings account.
MERCHANTS &
.MECHANICS'
savings Bank, 707( OSt.
Seeking
Houses to Sell.
It's a constant ef
ar here. to keep up
wth the demaM4e
.iia isfo
Bank by Mail.
/ einEta Samtr s pe aw a
~h w ft TPersn. viti
atalimt Ufly . sad laa I M w
mes4 t osO time !aa Oyatdtls tr _am .
Tow aeswat he a .m oof 1M1
4% a a"W sae east
Aetna Banking &
Trust Company,
im F St. N.W., Washington. D. C.
ertIt-tt.1D
EIR'. ClApk.
Members N. Y. Stock Exchange,
1301 F Street N.W.
Mgr.,
Member Wash. Stock Exchange.
t.4-tf
MONEY AT 4%and5%
P m tl :m.d on real estate Is lts
Ditrict of W.umblai. LOR IS1' COIUt3S10H$u
tleiskell & McLeran,
e-17-tt-a t008 V s. a.
Biggest In Washington.
Perpetual
Association.
Twenty-fourth Year.
Assets, $2,576,933.35.
Surplus, $155,077.44
Pays 4% interest. payable every three oeal
$. to $S.000 .sy be pal.l at any. time. Laea.
113D04pr ere fo e month Interest. $1,006 108
$3.fZ 00 ort10 $100for $15. and so ea
ANIREW GLASS. 1'reident; CHAS. r. soxia.
MIN. Vice Preafdrat, Attorney and Trm3.e ;
JOH1 COOK. Secretary and Treasacer. Oi
500 l1tb at.
D)IRECTORS.
Wan. P. SevIlle. Pension Burea.
Wmn. R. 11111y er. I'enah.n BRma.
C. Banke Bookes. Real Estate and Note Bra
F. J. Dieu,Ionne, Real Eate and Note Breee.
George Wright, Engraing Bareaa.
James Berry. Weather Bureau.
s. C. Epey, Government Priting OSes.
Arthur Carr. Builder and Appeaoer.
Ja29t-tt 40d.cSu
Home Building Association
Loans on Real Estate
Ot EASY MONTHLY PATYELNS.
It will accommnodate you for building. baylaf av
Improving a bore. or for Investment a a!N
nmoney.k Cnall sc the anpctoaderuisued for I*flo.rnatl.n
and takn aock. AppUicatiorn terk he m
agents so11c1!ed.
GBO. W. LINKINS, Prea.. WM. H. WRZE. /as..'
$00 19th at. o.w. 2135 H St. aw.
A. S. TAYLOR. V. Pres.. t. 8. Wco'r. Tress.:
1400. F at. s.w. 18OT Pa. ava. L..
on28-tf.14d..Su
MONEY TO LOAN
4y and 5%
ON DISTRICT REAL EBSTATE.
R. O. iOLTZCAN,
eela-tf-14 10th a-.' F ta. a.w.
Carpet Cleaning,
Cold Storage.
Storage,
Moving,
Packing,
Shipping.
Our facilities
enable us to offer
you the very best
of service.
W. B. Moses & Sons,
F ST-1EET. COR. 11TH.
mhb29-tt -28
ENU TABLE
GO-OPERATIVE
ASSOCOATIOIm.
Thcee who contemplate bulIMiag, the gesehe
of property, or have mortgages to pay ef amm ase
money, sbould ascertain the termes apes which
boans can be obtained from this amseeatiss,
are made repayable i as
per cent per annum. Settlemest ta ftuB e
in part may be made at any time. IntseuBn
is chargad to date of settlement. When
part et a loan is settled the amanthlyi
stallments are reduced proportienats+.
Information coneerning the advaaps
terms, how to proceed, etc., ea he e -
tained upon applcaties at the .U06
EQUITABLE BUILDIG, 1066 V at. a..
John Joy Edson, PreMieat. i
Ellis Spear. Vice Przelsidet.
Geo. W. Casilear. 24 Vice Pradu
38"' YEAR.
Capital and Profits..E. een
De,..i.. o.e,.......... ...
The National Sat
Deposit, Savin
and Trust Co.,
Cor. r5th & New York Ave. N.W.
An account snay be opened With
TEN CENTS or with TUIN
THOUSAND DOL.LA RS. Samne
courteous attention ad sa ate
of interest to aiN.
BOOKS, LWANS and SUCUDI
DEPARTMENT. as provide yr
act of Congress.
SAFES rented maMe bughe
proot vaults.
Authorised by law to act as
EKECUTOR, ADMINISTRATOR,
GUARDIAN, TRUSTEE, Am.
rZ5G Street lfW.
5jtee Branches,
Poreigi 2change--M