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The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, January 21, 1907, Image 7

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NEW HAVEN MORNING JOURNAL AND COURIER. MOXI5AT JANUARY 5 1 1907
7
Going
THE ONLY ALL-WATER ROUTE BETWEEN NEW YORK AND JACKSONVILLE, FLA.
IS THE OLD RELIABLE ""
"CLYDE LINE-'
ELEGANT STEAMERS, UNEQUALLED SERVICE, UNEXCELLED CUISINE.
For tickets to all points at lowest rates, apply to
SWEEZEY & KELSEY
Steamship and Tourist Agents
102. Church Street
TOO CHAPEL STREET,
4 per cent is paid on Savings Accounts.
We also pay a small rate of interest on
Checking Accounts.
Open all Saturday Evening. - - -
STOCK MARKET FEATURES
THE OUTLOOK A3 VIEWED JGI'
VARIOUS EXPlJtTS.
Not ns Favorable as Bulla Could Desire
Some Rallies Expected on the Shorts
The Immense Demands for More
Capital Easier Money Doesn't Count
Nor Increased Bank Reserves, as
Speculators May Whistle for it lu
Vain.
The much better bank statement of
Saturday and the much easier rate of
the money market had no effect on be
half of the bulls.
Last year's conditions In the stock
market are being repeated. Then, as
now, securities fell as the money pres
sure relaxed, and corporations seized
the chance to put out fresh issues of
bond. .
The main cause for the depression
ana -uncertainty is the exorbitant de
mand on the money market for more
capital. The money is needed for a
legitimate purpose, viz: to provide
more facilities for doing the business
that is crowding upon the railroads,
and the industrial corporations.
Shareholders in companies that of
fer new stock are put to their trumps
to raise the money with (Which to take
.the new stock.
There has' also been liquidation by
Interests who are not in a position to
subscribe to the new stock offerings,
tout w.ho desire to Tiave their capital
in liquid form in Order to take up
the attractive note and bond issues of
the railroads that are yielding better
than most stocks, arid are unlikely to
depreciate in value in the next two
years. The aviditiy with which tha
new note issues of the New Haven
road have been gobbled up Is an in
stance pt this.
A year ago the average of stocks
ivas neary 14 points higher than to
Say. Buts bank loans in New York
are now $25,000,000 larger. This sug
gests how liquidation in securities fur
nishes relief in other quarters, and
how expansion in one direction is pos
sible only at the expense of contrac
tion in another.
There was a general buzz of excite
ment and pleasure in the brokers' of
fices when the fine bank statement of
Saturday came out, and glances were
at once directed to the boards with
the expectation that prices must take
a start upward. This didn't happen.
A New York broker told his patrons
Saturday that he was in accord with
a big Connecticut manufacturer whose
opinion was that reaction in business
was in the way, and that this view
wgs shared by other manufacturers.
Among the Wall street opinions are
the following:
R. M. Stuart-Wortley, of Edward
Sweet & Co.: The outlook for the rail
roads is by no means encouraging.
Wages are high, labor inefficient, rates
are low, capital requirements are enor
mous, and the growing hostility on the
part of the state legislatures is not
fully appreciated. Also those who are
In close touch with the situation in
Washington report unanimously that
the recent disclosures in regard to rail
road management and cutting of rates
have given rise to a feeling of bitter
resentment.
John H. Davis, of John H. Davis &
Co.: Outlining our individual review
of the financial outlook In general we
find the chief deterrents to increased
animation, first,' in money market con
ditions and secondy in that general, If
as yet vague, spirit of discontent which
has been excited in more than . one
class of the country's citizenship
through various occurrences within re
vent years. This last is a broad and
far reaching consideration.
George I. Malcom, of Malcom &
Coombe: The supply of securities is
enormous, and is being added to con
stantly. I have been expecting lower
prices for a lng time past.
, James B. Clews, of Henry Clews &
Co.: Liquidation by Important inter
ests has been the order of the day. Jan
uary has always been a liquidating
month for the insiders, the buyers be
ing the so-called outside public, and
January, -1907, is no exception, only the
large operators are getting out on
worse terms than anticipated.
Henry Clows' says: For such rea
sons an unsettled, and possibly more
active stock market is to be anticipat
ed during the next three months. Re
actionary tendencies are sure to be
stoutly resisted by those in control of
the market, especially as prices have
already undergone a very important
depreciation since last summer. Sharp,
and possibly substantial, 1 rallies may
at . times be anticipated, especially
should the money market improve,, and
the short interest in stock unduly ex
pand. FlRELIMINAirtlES TO PROM.
Class Teas, Glee Club Concert and
Class Germans To-day.
The Yale prom, girl was much In
evidence yesterday In the morning at
chapel, and In the afternoon promen
ading up and down the principle ave
nues of the cltj.
Everyone is talking prom., and this
will be continued until after the an
nual junior promenade Tuesday even
ing. The campus Is : alive with the
dainty juniors and their fair guests.
This afternoon there will be two big
class teas. Mrs. Elford P. Trowbridge
will open her house for the junior tea,
and Mrs. Anson Phelps Stokes, jr., will
give the sophomore tea at her home, in
Elm street. " ""',
This evening comes the Yale Glee
club concert at the Hyperion some
times familiarly termed' "the fresh
man rough house." The juniors, dress
ed for the occasion with their high hats
and frock coats, 'will' be accompanied
uy the guests . of the occasion, the
prom, girls. Although the police have
given stringent orders that no confetti
or serpentine be thrown, the freshmen
will bring forth some new' antics in or
der not to have this affair lessened in
their opinion by the lack of the usual
gallery fun.
After the concert the guests will be
whirled to the class and fraternity
germans, which follow immediately
afterwards. The junior german will as
usual be held In Woolsoy hall. Eighty
eight couples will dance. The cotillion
will be led by Mr. Roger B. Shepard
and Mr. James M. Townsend. Well
will have charge of the music, and
Mazetto will cater for the supper.
The sophomore german will -be giv
en in Harmonie hall. The Cloister
german will be led by Mr. Joseph Fil
worth dancing with Miss Elizabeth C.
Kerbaugh of Philadelphia. The St.
Elmo german will be led by Mr.. E.
V. Benton, and Miss Dorothy Clark
of Yonkers, N ,.Y. Mr. John P. Ram
sey will lead the St. Anthony hall ger
man. The York hall german will be
led by IMr. George Van Brunt and Miss
Kline. Mr. G. V. Roton with Miss
Helen Ehret will lead the dancers at
the colony german.
To-morrow the Sheff. teas will be
held, and in the evening the climax,
the prom, itself. The armory Is al
ready beautifully decorated. The prom,
will open as usual with a grand
march.
HELD WITHOUT BONDS.
Custodla DI Lucia May be Guilty of
Petrone Murdei
Luclanno Dl'Lucia, the man who is
thought to have murdered Raoffalia
Petrone at the box factory last Friday
night, is still at large, but his brother,
who was with him at the time, was ar
rested in M.riden Saturday and brought
to this city. He Is hfld on orders from
the coroner, without bonds, until the
Investigation is completed. Coroner
Mix stated last night that he would
continue looking into the case to-day
and hoped to complete it soon.
Custodla, the brother, admits that he
was in a row with Petrone on Friday
night, lut denies the shooting. It is
not altogether impossible, according to
the coroner, that Custodia may be the
guilty man. He accompanied his broth
er in flight Friday night. ;
Antone De Mario, the friend of the
Di Lucias, who was ordered held Sat
urday for throwing the police off the
trail, was let go, as it was proved that
he did so unintentionally.
IMPORTANT ENLARGEMENT
Of the Edward Malley Stores To Cost
?20,0flO.
Edward Malley is planning extensive
improvements to his property at 934 to
942 Chapel street. The present one
story building, containing five stores, is
to be lowered to the street level and
built in front to the street line, and
then a second story Is to be added. The
plan is also to provide five stores on
the second floor, according to the New
lork style. The improvements
cost $20,000.
will
Telephone 3209-4
LEAGUE MEETING TO-MORROW.
Notice of a meeting of the Connecti
cut Baseball league for to-morrow aft
ernoon at the Hotel Garde in this city
has been received from Secretary
O'Rourke. The dates for the opening
and closing of the league season will be
fixed at that time.
DR. FORD VERY ILL.
Washington, Conn., Jan. 19. Dr. Wil
liam J. Ford, for many years one of
the best known professional men in
town, is critically ill. He was an In
timate friend of the late Senator O. H.
PJatt.
Yesterday was decision day in the
Sunday school of the East Pearl street
M. E. church and about a dozen of the
children arose and expressed a 'desire
to lead a Christian life.
USB ALLEN'S FOOT-EASE.
A powder to be shaken Into the shoes.
Your feet feel swollen, nervous and
damp, and get tired easily. If you
hayo aching feet try Allen's Foot-Ease.
It rests the feet and makes new or tight
shoes easy. Cures aching, swollen,
sweating feet, blisters and callous
spots. Relieves chilblains, corns and
bunions of all pain- and gives rest and
comfort. Try it to-day. Sold by all
druggists and shoe stores, 25c. Don't
accept any substitute. Trial packaga
FREE. Address Allen S. Olmsted, Le
Roy, N. Y.
A I. W IOUK STOCK MA 1! K l.T.
Reported over private wires of Prince
& Whltely, members of the New
York and Boston Stock Exchanges,
New York office 52 Broadway and 15
' Center street New Haven. Conn.
New York, Jan. 19.
' High. Low Bid, Asked.
Amal. Copper .111 113 111W
Am. Car 42 43V4 42
Am. Cotton Oil. 29 29 294
Am. Loco 71 71 70
Am. Smelter .. 14714 14814 145
Am. Sugar ....131 131 130W
Am. Woolen ... 32 ' 32 82
A. T. & S. Fe..!U3 104 102
112
43
29
71 14
-146
130
32
103
100
UH
7 '4
186
34
5(1
10
147
187
88
51
134
211
490
38
73
l'7
169
105
35 U
72
141
811
87
129U
4-1
87
151
30
131
94
127
36
97
20
0
92
28
85
100
33
173
4 a vs
105
46
104
33
13
19
uo piu . ...iuu iuu JUU
Balto. & Ohio.ll 117 lltl
B.-R. T 77 77 70
Canadian P. ...186 18616 184
i.ent. i.eatner . 3D if.r
4
Ches. & Ohio.. 50 51 60
-:., Ul. W. ... IWYt iu i
C. M. & St. P..14 148 145',
C. & North. ...187 18714 188
v.. v. . at m.
C. F & Iron ... 51 14
Con. Gas 135
89
8S
5.1
BOW,
13.1
212
490
3 'J
1
34 M,
Del. & Hudson. 212
210
490
I). L. & VV.
490
38
72
.157
Erie
do 1st pfd
39 ',4
72
uen. wieetrlc
157 150
Gt. 'North. pfd..l"t
171 "4 10
111. Central ...l(i
lo 16
Inter. Met 35 4
do pfd .... 72 'A
35
35 V,
.12'
Louis. & Nash.. ISO's 141'4 139'.
M. K. & T. pfd. 70 70 69'
Mo. Pnc 80 87 gii
N. Y. C. & H. .128 129 ',i 128
N. Y. O. & VV
Nor & West . .
Northern P. ..
Pacific Mall .
Penn
Peoples. Gas .
Rending .. ,.
Rep. I. & S.
do pfd . . .
0 IX' J 1 r f. 1 - "
.. 1.1 II)
. 88 S8 87
.150 151 14 149 U
.37 37 ' 30
.133 131 133
95
95N, 94V4
..129
. 3S
. 97
1211 120
38
30
97
26 54
(11
93
28
8 (Hi
97
26
Rock Island
do pfd 01
BO',.
91
28
S5
154
Southern P.
92
28
8 6 '4
Southern Ry.
do pfd .
T.-C. & Iron
Tex. & Pnc.
Union Pac. .
U. S. Rubber
do pfd .
.157
160
34
33
33
.174 175 172 V4
bVi 4!) 49
.105
IUO',4 1(16
U. S. Steel
46
J. oicri .... TU-8 t' til
4
1 r. ft
do pfd .-...104 104 104
Wabash pfd ... 33 33 83
W., L. Erie ... 13 13 13
do 2d pfd. . 19 19 17
Boston Stock Quotations.
Reported ever private wires of Horn
blower & Weeks, members of tha
jew York and Boston Stock Ex
changes, New Haven office, 27 Center
street.
Boston, Jan. 19.
High. Low Bid, Aasked
Adiventure ..
Allouez
Arcadian .. .
Atlantic,
Binfrhain . . . .
Boston Cons. ,
Cal. ft Hecia .
Centennial . ..
Cop. Rnnffo ..
1'alv West ...
Franklin .. .
Greene
Isle Royal ...
Mas sCons. ...
Mohawk
North Butte .
Old Dominion
Osceola
Parrot
Quincy
Shannon . . . .
Tamarack .. .
Trinitv
U. S. Mining .
Utah Cons. ...
United Copper
Wolverine . ..
Am. T. &. T. .
Swift & Co. . .
United Shoe . .
do pfd ... .
Un. Fruit
New Ha ven
Mass Cons. ...
. 5
. 64
. 13
. 15
. 32
. 30
.940
, 38
- 95
. 19
. 25
, 3(1
, 32
. 8
. 91
.113
53
157
32
.118
, 23
.150
, 36
fit! Vi
"1
70
128
112
. 63
5
63
13
14
32
30
935
38
95
19
25
30 ',4
31
S
89
5
61
1 3 14
14
32
30
3
95 U
18
25
30
5
64
13U
15
32
30
940
94
19
25
30
8
90 91
112 113
53
157
31
1I0
22
150
34
06
70
70
12S
112
155
31
115
22
158
274
150 151
30 35
00 67
71 82
190
128 129
62 63
28 28
105 106
65 65
1.3
100
185
65
.106
.185
. 66
C. E. Thompson & Sons
Bankers and Brokers
Investment Securities
810 Chapel Street
OUR FACILITIES
are such that we can safely handle your banking,
both at home and abroad, no matter how
extensive it may be.
THE YALE NATIONAL BANK
Temporary Location, 281 State St.
TUZ,UTJtl holds the controlling position in
J the commercial development of the
tribu.la.ry territory, and is one of the
ftrst ports of the United States. It is reported
thatthe building operations for they ear 1906
showed an increase of 66 over 190-5,
T'HJS Duluth-J3dison Electric Company does
the electric lighting business free from
competition and under a perpetual
franchise.
JE offer and recommend as a desirable pur
chase at 96 1-2 and accrued dividend the
preferred stock of this company, which pays 6
dividends, payable quarterly.
p. Investment
IV &. ii ULIGIWOIIU 00 a, Securities,
. vu Hire KTUinitJC 1FI FPHONRS 110(1.110
Fnvate
HORNBLOWER & WEEKS
Members of Xcw York ami Boston Stock Exchungcs.
No. 53 Slntc Street.
BOSTOS
New Haven Office,
Telephone 342
FRANK D. WETMORE, Manager. .
INVESTMENT SECURITIES
DICK BROS. & CO.
BANKERS AND BROKERS, 30 ER0A9 ST., NEW KORK.
MEMBERS.
Nenr York Stock Exchaac
Keir York Cotton Exchange.
Nck Orleans Cotton Exchange
Associate Member T.tvrr
Bands, Cotton, Arafa and Coll
EPWARD B.
NEW DtAVElf BOAMCH
James Br Smith
KVESTMEHT
BONDS
141 Orange St., New Haven, Conn.
US COMPANY
40 Church St.,
NEW HAVEN, CONN.
A place of deposit for the funds
of Individuals, Arms and corpora
tions as Tioli r.s for the moneys
nd securities of executors, admin
istrators and trustees.
Interest paid on Certificates of
Deposit.
SECURITIES FOR SALE'
Mechanics Bank Stock.
Snath. New England Telephone Stock.
New Haven Water Co.
Winchester Ave. Bs of JD12.
Conn. Railway A Light. 4's of 1051.
N. Y., N. II. & II. R. R. Conv. 3Mi's.
Mlllikln Bros. 1st 6's, 1021.
International Sliver O's, IMS
N. II. Gas Light Convertibles.
New Haven AVnter Co. Convert. 4's.
Conn. R'wny 4V2. 1951, Not Stamped.
KIMBERLY. ROOT X DAY,
Tel. 1101. US Orange Street
Private wlra New York and Boston.
Willingness to do and
Ability to do character
ize the service of the
National Tradesmens
Bank
of New Haven.
Organized in 1S55.
WILLIAM T. FIELDS, President.
ROBERT A. BROWN, Vice Pres!
FRED'K C. BURROUGHS, Cash!
FRANK B. FRISBIE, Ass't Cash!
Drafts and Letters of Credit Is
sued for use in Foreign Countries '
i
i
TELEPHONES 3100-3101
wires.
No. J20 nrondway
NEW YOlUf.
27 Center Street
Philadelphia Stock Exchange.
Hew York Coffee Exchance.
Chicago Board of Trade.
pool Cotton, Exchange. . Stocks,
ea.
EAMES, Mgr.
S3 CENTER STREET.
New Haven First Mortgage
Real Estate Loans For Sale.
. r.no 5 per cent.
pet cent.
10(M IV per cent.
i;too n per cent.
l.KH) 5 per cent
isoo B per cent
2000 5 per cent.
2300 !S per cent.
.-,Otl 0 per cent.
2700 5 per cent,
2S00 5 per cent.
SSOO 5 per cent.
.'(."(Ml 5 per cent.
Full particulars regarding; nny loan
furnished on application.
Lamas & Nettleton
BANKERS AND BROKERS.
137 Orange Street.
II. C. WARREN & CO.,
BANKERS
.Dealers in Investment
Securities
108 ORANGE ST.
James H. Parish & Co.',
Bueeeeding
NEWTON A, PARISH.
Stocks and Bonds
Dealers in Investment Securities
86 Orange Street 7
Prince & Whitely
Bankers and Brokers,
52 Broadway, New York,
and
15 Center St., New Haven.
Members N. Y. and Boston Stock Ex
changes, Produce Exchange, and
Chicago Board of Trade.
C. B. BOLMER,
Manager New Haven Branch.
ALL CLASSES OF RAILWAY
STOCKS AND BONDS, ALSO GRAIN,
PROVISION AND COTTON BOUGHT
AND SOLD ON COMMISSION.
Investment Securities
G. B. BUNNELL, Manager.
Mon., Tues., Wed.,
January 21-22-23,
Matinee Wednesday.
A. H. Wood Offers
The Big Melodrama,
CHINATOWN
CHARLIE
THE OPIUM FIEND.
By Owen Davis
-with
Harry
As "Louis Lofts."
THRILLING SITUATIONS
. STARTLING CLIMAXES.
A Great Company of Players,
A POSITIVE. NOVELTY.
Regular Popular Prices.
BRANCH OFFICE ,
Booiyjclellani Eo,
BANKEIIS AND BROKERS,
, 27 Broadway, New York.
; MEMBERS OF
New York Stock Exchange.
Bonds and
nought and sold on commission for cash
or carried on margin; also Cotton,
Grain and Provisions.
Investment Securities
A SPECIALTY.
New Haven Branch, 29 and 31 Center St,
A Strong Directorate
i .- AND .;'
Ample Resources t
both reflecting strength and solidity
' ' maka ' - " -
t
THE MERCHANTS
NATIONAL BANK
370 State Street. Op. YVooster St.
A desirable depository for your funds.
JliiUnion Trust Co.
NEW HAVEN.
CHARTERED by the State of Con
necticut with authority to net as
iKxeeutor, Administrator, Guardian, Re
ceiver, or Trustee, under will or deed.
Is leffal depository of monev paid
Into Court and public Trust Funds.
Acts at Trustee for Muniolpalitles, Cor"
porattons and individuals, and admin
isters trusts of all kinds. Empowered
lo act as registrar of stocks, bonds or
other evidence of indebtedness, manag-e
sinking- funds, and do all business such
as usually done by trust companies.
it also does a genera banking bus
iness, collecting checks, notes, coupons,
and' receives deposits. The principal of
each trust is invested by itself and kept
separate and apart from the general
assets of the Company. '
This Company is by law regularlv ex
amined by the bank examiner of the
State of Connecticut.
HENRY L. HOTCHKISS.Prcsldent.
EUGENE S. BRISTOL, Treasurer.
MINING
News Bureau
ISSUED DAILY
All the news of the mines and the min
ing muijvei. ouijijj.c wujjies i.ee un re
auest. TONOPAH
GOLDFIELD
BULLFROG
an featured In this service.
CATLIN & POWELL CO.,
35 Wall St., New YorK.
NEW HAVEN
COUNTY
NATIONAL BANK
317 State Streei.
ESTABLISHED 1SS4.
Capital, - $350000
Surplus and Profits, 350,000
This bank offers to de
positors every facility for
business and invites the ac
counts of corporations, firms
and individuals.
EZEKIEL G.. STODDARD,
President.
HORATIO G. REDFIELD,
Cashier.
WILLIAM. G. REDFIELD, .
Asst. Cashier.
G. H. BLNiXKLL, aianuper. J
Thurs!,'Fri., Sat.,
January 24-25-26,
( Matinee Saturday.
Rowland & Clifford's New and
Successful Comedy-Drama
THORNS
ORANGE
Blossoms.
.'By Lent B. Parker.
MISS EDNA EARLIE LINDON
And Competent Cast.
The Most' Attractive Play of the
Veur.
A Beautiful Stage Story That
Appeals to Everybody.
N3W Production Throughout I
,. NEW SCENERY DISPLAY.
New Everything.
Regular Popular Prices.
HYPERION THEATRE
To-morrow and Wednesday.
The Colored Comedy Cyclone
"Bill Bailey's Jubilee"
A Terpsichorlan Revel. :- . . ,
With Syncopated Melodies by
35 Clever People 35
"Pardon Me."
Pricpn.91.0O. 75c, BOc, 25c. - -Seats
now. selling. . . .. '
BIJOU THEATHE
Sylvester Z. Poll. Proprletoi
WEKK OF JANUARY 21.
THE STOCK COMPANY
' in-
The Frisky Mrs. Johnson.
Poll's popular prices, 10e-20c-30c' '
' Ladles' Matinee Dally. ,'
Seats reserved in advance. Tel. 3(550.
Championship Pf f
aulnniplnc Rink, VWU
183 Grand Avenue. .
TO-MGHT
BRIDGEPORT vs. NEW HAVEN:
Roller Skatljlg before and after game.
. ADMISSION 25 CENTS.
Reserved Seats at Lauber's, 860 Chapel,
THE WICOLET
791 CHAPEL STREET.
.ADMISSION FIVE CENTS.
Polite Popular Pure,
i Resort of Ladles and Children.
Continuous Performances from 1:30 p..
m. until nlfrh't closing. ;?
LATEST MOVING PICTURES.
Programme Changed Monday, Wednes
day and Friday.! 1
Seaside House.)
Atlantic City, N. J. '
Best location on the Ocean front.' Com
plete. Modern. F. P. COOK & SON.
Haddon Hall.
Atlantic City, N. J.
Always open. On ocean front, 1
Courteous Attention v ;
Homelike surroundings.
Every comfort. , V i
Booklet aild Calendar on application,
LEEDS & LIPPINCOTT
fas
HOF-BRAU HAUS.
, kM a high elcts ...
GERMAN KITCHEN .
mmt tha . follow! taouM '
FOUR IMPORTED BEERS
IB arse Bin Pllsea , ' ' I ii "
itanclicner Hof-Braa. l
Nnrabercc Tocher Bratat
Wanbnnrer Bnntf Bnib
Enough Said i-rr i
HOTEL QARDB
Opposite Cnln DftS
BIW HAVEN, COSlf.
Connecticut' 9 Largest Hoisi
The Shorefaam.
Washington, D.C '
American and European Plan.
Metropolitan Standard of Excellence.
JOHN T. DEVINE, Prop.
Ohalfonte.
ATLANTIC CITY,, N. J. ' , '
Almnya Open.
On the Bench. Fireproof.
Send for Literature. , "
THE LEEDS COMPANT.
Security Insurance Ca
of New Daren.
Cash Aaseta Jan. 1, 1006, $1,800,919,011
OFFICE 37 CENTEU STREET. ,
DIRECTORS.
Charles E. Leete,
K. G. Stoddard. ' i
Joel A. Speiry.
S. E. Merwin.
John W. AUInsr.
Chas. E. Curtis.
John VT. Allinc,
President.
U. C. Fuller,
Secretary.
William R. Tyler, :
John T. Manson.
H. C. Fuller. -Charles
H. Nettleton,
Charles E. Curtis, '
Vice-President
Victor Itoth.
A't Secretary

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