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The Courier-Journal from Louisville, Kentucky • Page 10

Location:
Louisville, Kentucky
Issue Date:
Page:
10
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THE COURIEK-JOURNAL, LOUISYILLE, THURSDAY MORNING, OCTOBER 16, 1902. 10 Jefferson C. Conner, George Dorsey, I. B. Friend, Philip Dlefenbach and C.

A. As- FINANCIAL AND COMMERCIAL IN DEMAND. HEALTHY BODY FOUND. portunity to secure a library to slip, and he declares that he has sufficient confidence in the citizens to know that they will see that the entire amount is raised. ACQUITTAL ENTERED known as the "Brook and Breck gang" In taking the prisoners from him.

Dr. Woodbury, the druggist at First and Breckinridge streets, testified that a crowd of young men had followed Martin to his drug store, and that the prisoners had escaped during a general scuffle. good buying In Norfolk and Western and Chi-apeake and Ohio. (G. R.

Hunt, Co. Some of the largest financial interests In tha street ore taking a much more cheerful view of the situation. Indications are considered to point very strongly to the acceptance by Secretary Shaw of a round block of Government bonds anywhere from to 5C0.0CO.0CO within the next twenty-four hours. (rew I York News. I New York.

The lower range of prices for Americans In London was somewhat disarpnt-- j' to the traders here and influenced I'ght i'e-j cllnes at the opening. The weakness was short Big Works Cannot Supply Locomotives. ORDERS FROM MANY ROADS. NEXT YEAB SHORTAGE MAY FURTHER INCREASE. OTHER NEWS OF THE RAIL.

Reports from the American Locomotive Company and the Baldwin and Rogers works prove that the demand for locomotives was never greater than at the present time. Practically all of the roads, big and little, are after more engines'. The demand is such that the various locomotive builders find it impossible to keep up with the orders, and it is doubtful It any Industry in the United States has a brighter outlook and a more successful future awaiting it than that of locomotive building. Every one of the big plants of the American Locomotive Company, including the Schnectady, Pittsburg, Brooks, Dickson, Cooke, Richmond, Rhode Island and Manchester (N. plants, are working at their full capacity.

The mamoth Baldwin locomotive works is so crowded with orders and the demands- of the motive power officials of many of the big road3 so insistent that the owners, Burnham, AVilliams are figuring on general extensions, the limit being only the limit of the company's ability to procure ground adjacent to its present big plant in the heart of Philadelphia. Recently details were completed for the erection of a big locomotive building plant at Canal Dover, The matter has assumed definite shape and are to be invested. A site thirty-five acres in extent will be utilized, and about 1,000 men employed. Last week President S. R.

Callaway, of the American Locomotive Company, was reported as saying that his company would shortly authorize a great Increase in the capacity of each one of the firm's eight plants. Awarded To the Southern Railway. At the thirty-sixth annual encampment of the Grand Army of the Republic, held at Washington, recently, the management of the Southern railway received advice from the chairman of Committee on Decorations that the committee appointed to award prizes for the three best decorated buildings in Washington on the occasion of the G. A. R.

encampment, decided that the Southern railway was entitled to the first prize. The committee conveyed their congratulations on this success and thanks for the part the Southern railway took In malting the city of Washington so attractive to the large number of visitors. The magnificent appearance which the general office building of the Southern railway, 1300 Pennsylvania avenue, presented, was commented upon by thousands, the decorations being exclusively of numerous large national flags. The effect was. most dignified.

and pleasing. ILLINOIS CENTRAL Votes To Purchase Property of Leased Lines. Chicago, Oct 15. The annual meeting of the stockholders of the Illinois Central Railroad Company was held to-day in this city. The directors whose terms had expired and who were re-elected for the ensuing four years are as follows: Chas.

M. Beach, Cornelius Vanderbilt and J. T. Harahan. The stockholders voted to purchase the railway property corporate rights and franchises of the following leased roads now operated by the Illinois Central: The Chicago, Madison and Northern, the Kankakee and Southwestern, the Chicago and Springfield, the Mound City railway, the St.

Louis, Alton and Torre Haute, the Chicago and Texas, the Chicago, Havana and Western, the Rantoul, Illinois and Indiana and the Riverside and Harlem. October Started Well. A statement of estimated gross earnings of the Southern railway for this year, compared with the actual gross earnings for the same periods of the previous year, was Issued yesterday. It Is as follows: bury have "been appointed trustees for DePauw College in this city. The Hon.

Smith Askren, of Harrison county. Democratic nominee for Joint Senator, will deliver an address at the Democratic meeting to be held to-night at No. 1 school house, in Franklin town ship. Norman E. Miller pleafled to a charge ot petit larceny In the Circuit Court yesterday, and was sentenced by Judge Utz to an indeterminate term of from two to fourteen years In the Reformatory.

John McDanlel and Miss Louisa Dean both of Louisville, applied yesterday for a marriage license of the County Clerk, but on account of the prospective bride 'being a nonresident of the county they were refused. William Fielden, a memlber of Company One Hundred and Fifty-ninth In diana volunteers during the Spanish. American "War, received yesterday a check for 5236.80. that being the arrears of pension due him. A.

T. Smith, Alvln Boss. 'Walter 'WeU-singer, Thomas L. Grant, John Albert, Herman Schlageter and. Joseph Hurley have been elected by Pawnee Tribe of Red Men delegates to the Great Council, which meets next week In Indianapolis.

Elisha White, an old citizen of Orange county, died Tuesday afternoon while, sitting in his chair at his home near Paoli. He was sixty-six years old. Several months ago he was badly Injured by being run over by a heavily loaded wagon. Nellie Bunch, who was released on gooB behavior ot a previous term, was sentenced yesterday by Judge Utz from one to three years in the Woman's Reformatory at Indianapolis. She had been convicted of petit larceny and had violated her parole.

An invitation dance will be given tonight by New Albany Lodge of Elks at their home on Pearl street to celebrate the ninth anniversary of its organization. Music will be furnished by the New Albany Military orchestra, and there will be dancing from to 12 o'clock. To-morrow Sheriff Hippie will leave for Indianapolis, having In his charge Mrs. Maggie T. Walker and Carlos Sal-vator, a Mexican, both of whom have been adjudged to be of unsound mind.

They will be placed In the Central Hospital for the Insane for treatment. Judge Utz, in the case of Peter Toung, administrator, for the construction of a life insurance policy of held on the life of the late Jacob Toung, rendered his decision yesterday and ordered the money derived from the policy to be divided among all the surviving heirs equally. The will of Anna Smith was probated yesterday. She leaves her dwelling on West Seventh street to her daughter, Kate Penlcks. to hold as long as she gives a home to Clem Smith, the testator's husband.

The instrument was executed October 1902. and was witnessed by Thomas E. Fogle and August A. Baker. JEFFERSONVILLE.

Misses Laura and Cleona Carr have returned from Chicago. Mrs. Mabel Batterton Bishop has returned from Eminence, Ky. Miss Rose Wilson will return home this week from Grand Forks, N. D.

J. M. Creamer has been appointed guardian of Frances L. and Robert Creamer. Wednesday, October 22, Mrs.

A. T. Hert will entertain the Ladles' Afternoon Euchre Club. The Appellate Court has affirmed the decision of the lower court in the case of Little and others against Burns. The Rev.

J. B. Butler will be tendered a reception to-morrow evening by the congregation of Morton Chapel. Mrs. Marlon Snook has returned to Eminence, after a visit to her parents.

Capt. and Mrs, Jonathan Thick-stun, Ralph Rader, son of the former Mayor, has obtained a position as stenographer In a wholesale establishment at Jeanerette, La. Mrs. A. D.

Bell will leave to-morrow for Washington. She has been, here for some time on a visit to her parents, Mr. and Mrs. Herman Gallrcln, Mrs. Emma Britan and Ida M.

Montgomery have been declared insane. Mrs. Brltan lives at New Washington, and the other unfortunate lives Monroe township. They will be committed to Central Asylum, Indianapolis. Dr.

Leach, of Bennettsvllle, has reported to Dr. W. H. Sheets, of this city, that he discovered a case of smallpox there In the. recovering stage.

He vaccinated the remainder of the family and quarantined the house. Dr. Sheets is urging the public to vaccinate, otherwise he predicts a scourge here during the winter months. The twenty-fifth annual meeting of the Women's Foreign Missionary Soclety of the Seymour conference will be held today at the Henryvillfc Methodist church. This evening addresses will be delivered by Miss Marion Lucknow.

of India, and Miss Margaret Dickerson, of Conners-ville. To-morrow evening Miss Marilla "Williams, of this city, will speak on "A Few Minutes with the Daughters of the Covenant." Officers will be elected. Objections to the final report in the estate of Mrs. Sarah Morgan have been filed In the Circuit Court, and Mrs, Josephine Kelgwin Marks, the administratrix, will testify Saturday. Xeal Barker has filed a claim of $465 for services rendered in caring for Mrs.

Morgan. H. A. Burtt's claim as an attorney is $100. Mrs.

Marks wants S100 for serving as administratrix, and the undertaker's bill Is $212, which includes a shroud. The heirs are objecting to. paying for the shroud on the ground that Mrs. Marks asked the privilege of supplying the shroud, saying It was the last thing she could do- for her mother. The remains of Mrs.

Susan Styer will be Interred this morning at the "Utlca cemetery. The sermon will be delivered at the Utlca Christian church at 10 o'clock. Mrs. Styer's death was due to kidney and stomach trouble. She had lived for years at 6111 East Chestnut street, this city.

Her maiden name was Oliver. She was born In Oldham county, sixty-two years ago, and at the ago of fifteen became the wife of Henry Slyer. Ho served in the Civil War. Mrs. Styer belonged to Clark Commandery, "nlted Order of the Golden Cross, and the Daughters of Rebekah.

John W. ar.d J. William Styer are sons. MORE SUBSCRIPTION'S FOR LIBRARY SITE FUND. Mayor Grainger Says Money Can Be Eaised If Present Efforts Are Continued.

Mayor Grainger yesterday received several subscriptions for the free library site fund. The subscribers were Charles B. ICorton, $100: Paul C. Barth, $100; -William Slaughter, $100; R. VT.

Bingham. V. Daviess, $30; John M. Settle, $50: P. S.

Walsh. $50. These bring the total up to $13,000. The Mayor says the money can be raised if the present efforts are continued. He says the people of Louisville should nor.

allow the present op Wednesday Evening, Oct. 15. wa3 not so rushinc to-day, although as good as bankers could reasonably expect. The truth Is there has been so much talk ot tight money and bankers have so steadily refuse-i to Increase loans there has been a decided falling off In the number cf applications. All the loans for which a borrower will ak now are strictly of the legitimate kind, and there Is an ample supply of funds for these.

In fact. If the stringency comes to an end in New Ycrlc fioon, aa was indicated by the decline in call loan rates to-day, a gooJ deal of mcney will tx brought back to be used at home. Call Joans at 10 to in per cent, are attractive to bankers who get only or 7, but It Is not satisfactory to loan on collateral so far away from horor. A lower Interest rate and a knowledge of the borrower In better. New York exchange continues In demand, with sales at par.

The Clearing-house report to-day was as follows: Day's clearing Balance, 22S.C0S A broader and stronger market for local securities was in evidencs to-day. The first Improvement this week has been an Increase in the trading in bonds, which were altogether neglected during the period of speculative excitement. Now they are coming back into favor, but It is worthy of note that this applies chiefly to the old and standard investment issues, though there Is a fair speculative inqul for New Orleans The approved dividend- paying stocks were the. only ones that could be Told during the panic and are now getting stronger. The feature of tne market has beon the steady absorption of Rochester Railway preferred, which could always be sold when other securities would not be looked at.

It sold at 0OS0H to-day. International Traction preferred has come next and the common Is In good demand. For Detroit United was freely bid here today and one sale of 300 shares was made at that figure, with little stock on the market. A small lot of Tobacco Warehouse common was sold at but was little on the market. There is still a good Inquiry for National Bank of Kentucky shares, which has touched 193 on the rise.

New Orleans was in better demand and strong. Over 1,000 shares were sold. Following were- the transactions reported: $4,000 N. O. Railways '83 $1,000 and N.

unified 43 10Oa $6,000 Louisville Water Co. Ce MC5H $27,000 3f. and I. first 7s UOH $0,000 M. and I.

second 7s 120 $1,500 L. and N. Short-line second $3,000 L. and N. Short-line second 7s.

..113 150 shares N. O. Railways 16 H) shares N. O. Railways pfd i 100 shares San Francisco United com.

23 100 shares San Francisco United pfd. C2t; 50 shares SL Louis Transit common. 26 shares Internal' 1 Traction 33V 50 shares lnternat'l Traction 33 100 shares lnternat'l Traction 50 shares lnternat'l Traction f84 2S shares IvlHe Tobacco W.H. cam. 48H 100 shares Detroit United 50 shares Rochester Railway 0Si 125 shares Rochester Railway 00 60 shares Rochester Railway My, 20 shares Louisville Gas 117 IS shares Nat'l Bank of 101 And Interest.

One of the officials of a large local trust company says that a great many of his customers have taken advantage of the break In Rochester Railway preferred. The trust company made an Investigation of the Rochester Railway and now recommends its securities to Investors, especially the preferred. The selling did not come from Philadelphia, where the road Is owned, but from Columbus, where there was a squeeze of speculators by local banks, and where they had to realize on something that was marketable In a panic. Thousands of shares have been taken up by people who want a secure 5 per cent. Investment, and the cheap stock will soon be oft the market.

The close on the tractions In Cincinnati today was as follows: Cincinnati. Covington and Newport, 36 bid. 37 asked; Toledo Railways, 33 bid. asked, with soles at 33; Elgin, Aurora and Southern, 60 asked; Aurora, Elgin and Chicago common, 40 asked; pre ferred, 03 bid. asked; Cincinnati.

Dayton and Toledo, 37U bid. 40 asked- Tha gross earnings of the Detroit United Railways for the first week of October show an increase of $6,219. October is likely to make as good a record as was dono In September. New York. The stock market to-day was exceedingly irregular and passed frequently from phases of strength to these of weakness.

Dealings were on a comparatively moderate scale, as traders were considerably mixed in their views In regard to the outcome of the monetary situation and the negotiations for a strike settlement. The opening was fractionally lower la response to declines In London, but almost Immediately prices began to strengthen. In the afternoon the Impression prevailed strongly In usually well Informed circles that the Secretary of the Treasury had determined to purchase heavy amounts of Government bonds for the sinking fund. Estimates of these probable purchases ranged from $10,000,000 to 00. 000.

The loan market showed Increased ease and was considered to lend circumstantial evidence to the probability of further Treasury relief. In the last hour a sharp reaction from the highest prices of the day, caused by reports that the head of the miners' union would reject the offer of compromise made by the coal operators. The selling movement did not last long and was succeeded by a period of dullness and a gradual tendency to recover. The market closed quiet but strong on the general belief that considerable case was assured to the monetary situation in the near future. In Government bonds the 2s were up 14 per cent.

Railroad bonds were somewhat firmer. (S, C. Henning. New York. The strength of to-day's market was duo In the main to persistent rumors of bond purchases by the Secretary of the Treasury.

The stories flooded the streot In every direction all day and the effort to bull the market in that manner was extremely perceptible, but at the close no reliable confirmation in any form is forthcoming, hence the situation remains no less mixed than that which marked tho opening this morning. (John W. D. S. Green.

New York. The close was strong, with prospects or higher prices to-morrow, especially If the Government decides to purchase bonds. (Almstedt Bros. New York. To-day's market was largely a traders' Commlsalon business was small, as was the arbitrage business, though London sold about 25.000 shares, buying little.

The movement of prices was Irregular and they left off about as they closed last night. After the lower opening there was some buying, based on reports of negotiations for the Eale of bonds to the Government. These negotiations have been In prcgreis for several days and it Is thought among tho bankers that they may result In the purchase for the Government of or $20,000,000 bonds. No new developments In the nrlke situation save the visit of the leaders of the strikers to President Roosevelt. Advices so far indicate that he will endeavor to have the proposition of the operators amended in some respects.

The foreign exchange market was easy again. Dunlap, Morgan Co. New York. The favorable news on which the market advanced yesterday afternoon has not been officially verified, but It seems that the people believe it will materialize before very long. Mr.

Mitchell Is In Washington and will have a conference with the President this afternoon. The general opinion Is that he will accept the proposition of tho operators In a little modified form. There are, no doubt, negotiations In progress between the syndicate cf bankers and the Treasury Department, and if our Information Is correct' we will git enough bonds to relieve the money market. The market to-day was fairly strong, but not very lively nor excited. We understand that the pool in the Gould securities has been buying stocks again to-day.

The way Missouri pacific. St. Louis and Southwestern and Texas Pacific are acting there seems to bo some truth In it. There is nothing special to mention about the market St. Paul, Southern Pacific, Pennsylvania and Manhattan were ail fairly strong.

The industrials likewise. We notice some very Mrs. Kelly Picked Up At i. Fulton Landing. ROY JENNER IS DEAD.

COEOKXK BEINGS IN" VEBDICT XN JACOB'S CASE. DEATH FROM UNKNOWN' CAUSE Floating face upward, the corpse of CUrs. Dot Kelly, wife ot James T. Kellr. Pr the "King- Pas Pong" Company, was found by Bud Taylor at Fulton Landing, three miles above Westport.

end twenty-five miles above Jeflerson-ville, yesterday. Mrs. Kelly lost her lite last Friday morning while en route from Madison to Louisville on the gasoline boat Hanover. The troupe of which Fhe was a member chartered the steamer In order to reach Louisville in time to catch a train for Danville, Ky. first it was reported that Mrs.

Kelly committed suicide, but her husband claims that the boat gave a sudden lurch and she fell overboard. There were rumors that a fight took place on the deck the Hanover, but this Jias been denied. Deputy Coroner Coots left Jefferson-ville on the packet Kanawha yesterday Jn response to a message from Benjamin Scott, a merchant at Solon, informing him that the body had been found. The Deputy Coroner took a casket along. He reached the body at 10 o-clock last night.

He will probably A reporter for the Courier-Journal t-ilksJ to Scott over the long-distance last evening at 7:30 o'clock. He said that while Taylor was in a skiff bound for "Westport the body of the woman was swept close to the shore fit Fulton Landing by the wind. He tied a rope around the corpse and fastened it to the hii't. The woman had on a (heavy dark skirt, a red Jersey, and a pocketbook was attached to a belt. Her Uair is liffht.

Scott says there is no question about its being Mrs. Kelly. Scott said that the Rev. J. H.

Massey, of Vine (Jrove. who is a brother of Mrs. Kelly, was at Bethlehem last evening, and he was expected during the night at Fulton Landing. The minister has been searching for the hody. An unusual circumstance Is related In connection with Mrs.

Kelly's death. Her mother. Sophia A. Massey, lives at Vin-cennes, Ind. Last Friday morning she wired the husband of her daughter: "Is Dot with you and well?" Kelly subsequently ascertained from George Turner, a 'traveling man, whose home is at Vinwnnss.

that Mrs. Massey. while asleep, had a dream In which she heard her daushter scream as if in terror. "When she arose that morning she wired her son-in-law. Mrs.

Kelly was drown-. fti between 1 and 2 o'clock six miles be- "Jow Madison. Soy Tenner Is Head. T. H.

Jenner, purchasing agent of the Indiana Reformatory. Jeffersonville, KnnnU.n maorf. era vuctarflav aT111fl1111(. lng the death at Phoenix, of his son, Roy Jenner, who went there two months ago for his health. He was twenty years of age and had been suffering from an affection of the lungs.

the message contained no particulars, it is supposed he died from a hemorrhage, as the announcement of his death was a shock to his family and many friends In Jeffersonville. Only a few days ago his father received a letter from him In which he stated that he was feeling well and was pleased with having secured quarters on a ranch. The first intimation that his father had of his condition was a message stating that he was in a serious condition and could not live. Frederick Pagelar, clerk of the Reformatory, wired for particulars, and the news of his death soon followed. Young Jenner had for some time been employed in Jeffersonville as a clerk at M.

F. Doherty's drug store. He wa3 graduated from Perdue University with the highest honors, and later, at an examination of the drug clerks from all over the State, before the State Board, he carried off the highest honors. The remains will be Interred at Evansville. "Death From Unknown Cause." "Death from an unknown cause" Is the verdict of Coroner Coots, of Jeffer--sonville, in the case of Frank Jacobs, of Watson, seven miles from Jeffersonville, who.

on the night of October 6, was drowned off the packet Kanawha while en route to Madison. The Coroner yesterday questioned Second Mate Qulnlan, of the Kanawha. Qulnlan said that a negro and a white man had a Ught on the Kanawha on October 6 about a white boy, but Jacobs was not involved in the trouble, he said. Benjamin Jacobs, father of young Jacobs, as well as other relatives, thinks a murder was committed. When the bodv was found floating last Sunday at Boy-fr's Landing there was a wound over the temple and the skull was fractured at the base of the brain.

How these injuries were Inflicted is speculative. The Coroner found no money in Jacobs' clothes, although he was paid two days before he lost his life. This probably closes the incident, and the Jacobs family will always cling to the belief that a murder was perpetrated. NEW ALBANY. Miss Nellie Wilkin.

1S01 East Elm ftroet. has sone to Leave irworth to visit friends. Frank Self, of Corydon. has resiimed his poskion in the Treasury Department at Mr. and Mrs.

Thoir.as Fawcett left yesterday over the Monon for Iowa to cend the month with relatives. -X'r. Charles Faiveett enterrained the Coterie Ciub yesterday afternoon at her home. East Fourth and Elm streets. Mr.

and Mrs. TV. A. Lyon, have been visiting- relatives in this city for th2 last days, have returned to their home et Ind. Mrs.

Emily D. Fullenlove, who has been spending three with her daughter. Mrs. Guy F. Vance, Chicago, returned last evening.

Mrs. Emily L-eyden entertained tha Foreign Missionary Society cf Trinity M. E. church at her home on the fiilver Hills Tuesday afternoon. Mrs.

William Sloem-er, who -was severely burned at her home on North State street Tuesday morning, was reported somewhat improved last evening. Agatha Miller, who was charged with liaving stolen a gold watch from Mrs. Joseph Fougerousse, pleaded not guilty In the Circuit Court yesterday, and she will te tried later in the term. N. T.

DePauw, Alexander Dowling. Report of Distilling Company of America. CONSOLIDATED BALANCES. NET CONVERTIBLE ASSETS BOURBON AND RYE PROFITS. Plants Reported To Be In First-Class Physical Condition.

SUCCESSFUL LITIGATION. Chicago, Oct 15. Special. The report of the Distilling Company of America for the fiscal year ended June 30, compares as follows with that of the preceding year: 1902. 1901.

Incr'se." Gross Operatingexp. S2.064.959 79,708,515 2.296,444 Net 1,541,363 1,365,407 Interest, taxes, rent and miscel 1,572,504 53.513. Surplus 1,734,350 1,667,850 76,506 The balance sheet, which Is consolidated with those of the constituent companies, shows: Convertible current assets $15,500,224 97 Current liabilities 2,702,007 27 Net convertible assets $12,798,217 70 Bonds Bedeemed. During the year there was purchased $500,000 of Distilling Company of America collateral trust 5s for redemption and $459,000 bonds have been purchased toward another $500,000, to be retired January 1, 1903, thus reducing the bonded debt by $959,000. In December, 1901; there was redeemed and canceled under the terms of the mortgage of bonds of the American Spirits Manufacturing Company, and on.

July 21, 1902, a further sum of $123,000 of said bonds was redeemed and canceled, reducing the amount of outstanding bonds of that company from $1,872,000 (June 30, 1902,) to $1,749,960. One Net Decrease. The net profit from the spirits and alcohol departments for the year was $607,622.14, against for the year ending June 30, 1901, and $160,423.02 for the year ended June 30, 1900. The decrease in the net from last, year was occasioned by new competition in that line, foreshadowed in the report of February 4, .1902, but, as anticipated, the spirits and alcohol companies held their business at the cost, however of a portion of the profits. --i-'-t Bye and Bourbon Profits.

The net return of the Hannis-Distilling which manufactures rye whisky, for the year ended June 30. was against $215,120.32 for the year ended June 30. 1901, and $125,698.79 for the year ended June 30, 1900. The net of the Kentucky Distilleries and Warehouse Company, which manufactures Kentucky or Bourbon whisky, for the year ended June 30, 1302, was $910,622.72, against for 1901, and for 1900. President Rice says: Improvements On Plants.

"The physical condition of the plants has been well maintained and the distilleries are in first-class condition, equipped with modern and up-to-date machinery. There was charged to operating expenses $286,953, which not only embraced maintenance and repairs, but material additions to the property. For permanent additions to property, which included new warehouses and new dry houses, which pay for themselves in from three to five years, there was charged to capital account $271,103. Dissolution Litigation-. "In order to save the considerable expense of separate maintenance and corporate existence, the Spirits Distilling Company, of whose stock this company owned and controlled over 99 per was during the year dissolved and wound up.

The holders of less than one-half of 1 per cent, of the stock of the Distributing Company, although they had been offered by this company a cash price equal to the distributive value of their shares, instituted four separate proceedings to enjoin such dissolution, but In every instance the courts sustained the action of the company." NATURAL GAS BELT Of Indiana May Be Saved By Coal Fields In Southern Part of State. Anderson, Oct. 15. Special. If negotiations that are now under way should be successfully consummated, and the Indications point to that effect, the coal fields of Southern Indiana will soon have as its greatest patron the great natural gas belt of -Indiana.

The first step in this direction will be taken on Thursday, when a committee representing the cities and the commercial clubs of Anderson and Muncie will go to the Indiana coal fields, particularly in Sullivan, Greene and Parke counties, to investigate coal lands and lesses on which options have been taken by John W. Lovett, of this city, who is promoting a mammoth company to supply this city and others of the gas belt with coal. His plan is such that the cost of the coal will not be much above the cost of mining it. i Buys Out a Competitor. Mayking, Oct.

15. Special. The Crane's Nest Coal and Coke Company, operating three plants in Wise county, has bought out the Stone Gap Colliery Company, at Glamorgan, and will increase the working force within ten days. Nine-Foot Vein of Coal. South Carrollton, Oct.

15. Special. The W. P. Robertson Developing Company, in sinking a shaft at this place, struck a nine-foot vein of fine coal at a depth of ninety feet below the surface.

There are 4,000 acres in the block, which is perhaps the best-located coal field in the county, having an outlet by both railway and river. Eor Men Charged of Assaulting Vera Clark. Union City, OoL 15. Dave Lowe and Robert Lowe, 'Will Mays and Sterling Mays and Adam Nelson, who have been. on trial before Squire J.

F. Gregory and Squire H. S. Sacra on the charge of criminally assaulting "Vera Clark, were honorably acquitted this evening of the charge. They were also acquitted -of violating the age of consen George Wilson Dismissed.

George Wilson, president of the Globe Mercantile Company, was tried in the Police Court yesterday morning on a charge of embezzlement and dismissed. Wilson was arrested at the Instance of A. Mercer, one of the stockholders. Mercer claimed that Wilson had disposed of a consignment of corsets without accounting for the proceeds. Mr.

Wilson showed that there was no ground for the charge. FIRED TWO SHOTS. KOCH MADE EFPOBT TO TAKE HIS LIEE. Betired Tobacco Man. Who Has Been Suffering From Rheumatism.

John Koch, sixty-one years of age, Is in a serious condition at his home at 1221 Winter avenue as the result of two shots fired by his own hand. The shooting occurred about 4:30 o'clock Tuesday morning. Since then he has been in a serious condition, but the members of his family persistently refuse to discuss the matter. All callers except physicians and friends of the family were denied admittance to the residence yesterday. According to the story told by a neighbor, Mr.

Koch rose Tuesday morning shortly after 4 o'clock, and after dressing crept softly downstairs to the back yard, where he seated himself on a 'bench. A few minutes later his son, Peter Koch, who was asleep In an upstairs room, was aroused iby the report of a pistol. Thinking burglars were In the house and had attacked some member of the family, young Koch seized a gun which was in the room and dashed down the steps. As he reached the door leading to the back yard he saw his father point a revolver at himself and fire a second shot into his own body. The elder Koch fell to the ground unconscious, with the blood streaming from the wounds he had Inflicted.

Both bullets, It is said, struck near the heart. One passed through his body, coming out of his back beneath the shoulder blade. The other lodged in his back and was not recovered. As soon as Mr. Koch was carried into the house Dr.

Louis A. Seitz was summoned to attend him, and later Dr. Alexander Nettleroth was called. Both physicians agreed that the wounded man is in a very critical condition, with the chances against Ms recovery. Mr.

Koch was formerly employed by the Finzer Tobacco Company, but retired some time ago: No motive for his act Is known except that for several months he has been a sufferer from rheumatism. Peter Koch, his son, is a wrapper for the Continental Tobacco Company. WILSON WAS SHORT. MANAGER BE GAL SHOE COMPANY LEAVES CITY. Said To Have Lost Money In Gambling General Manager Here Prom Boston, Mr.

A. B. Young, general manager for the Regal Shoe Company, whose headquarters are in Boston, reached this city yesterday morning and at once assumed charge of the firm's store at 346 West Market street. The presence of Mr. Toung in this city is, it is said, made necessary by the sudden disappearance of W.

W. Wilson, the com pany's local representative, who has not been In Louisville since Sunday night. Wilson came to this city last May from Chicago, where he had held a position with the W. B. Holden Shoe Company, of that city.

For several weeks he boarded at one of the hotels, but afterward secured a room on Bast Broadway in a private house. Inquiry at the Market-street store by a Courier-Journal reporter was met with the response that the location of the house is unknown by the other employes. Monday morning, it is said, Mr. Dave Felix, who is employed at the store, received a note from Wilson saying that he was short a large sum of the firm's money, which had been lost In gambling, and had left the city. This amount is supposed to be over $300.

Mr. Felix immediately wired the situation to the Regal headquarters in Boston and received a message in reply instructing him to assume charge of the store until a representative of the Arm could reach the city. Mr. Toung, the general manager, left Boston at once and reached this city yesterday morning. He was seen at the shoe store by a Courier-Journal reporter several hours after his arrival, but declined to make a statement in regard to the matter.

Employes of the store, however, corroborate the statement that Wilson has left the city, and that his whereabouts are now unknown. Wilson purchased goods from a number of stores while he was In Louisville and left owing several of them bills for various He Is under a bond of $5,000, furnished by a security company, however, and any shortage in his accounts will be made good. Cr.pt. Duffy Enforces Orders. A brief but lively fist fight was indulged in yesterday afternoon by Capt.

Barney Duffy, of the Louisville Salvage Corps, and Arthur Brunn, son of J. Brunn, the jeweler. The men fought near the Salvage Corps headquarters, at 537 West Market street. Brunn's face was bruised and Duffy's lip cut during the oxchange of blows. The fight followed a quarrel which was caused by Capt.

Duffy ordering Brunn away from the Salvage Corps headquarters. Admiral Selfridge Dies. Boston, Oct. 15. Rear Admiral Thomas O.

Selfridge, U. S. retired, died at the McLean Asylum In Waverly to-car. BROOM MAKERS ASKED TO JOIN THE TRUST. Louisville Manufacturers Do Not Lcok With Favor On the Proposition.

Manufacturers of brooms in this city have been Invited to join a syndicate which Is being organized in Syracuse, N. the objects being to purchase the raw materials in large quantities, take advantage of the lowest railroad rates and sell the finished article at a minimum cost. It is the intention to distribute over $5,000,000 among the plants taken over to the owners who join the combine. A special effort will be made to push the export trade into European, South American and Oriental markets. Mr.

T. C. Caummisar said he had been asked to join the syndicate, but declined. He thinks there are too many small manufacturers for a combination to be successful. Mr.

W. L. Martin, of the Louisville Broom Works, said his company had been invited to join the combination, but would stay out. L. Gould Co.

have not received an offer. It is said that Mason Foard, of Frankfort, have received an option. William A. Shephard, of the Onondaga Broom Works, or Syracuse, Is engineering the syndicate. BROOM PLANTS COMBINE.

Reported That 75 Per Cent. Have Agreed To Deal. South Bend, Oct. 15. Special.

William A. Sheppard, head of the Onondaga, N. broom works, has about completed the final details for combining all of the manufacturers of broom-corn in the Over $5,000,000 will be distributed In the purchase of plants and will be given to the owners joining the syndicate. Options have been received from 75 per cent of all manufacturers, including Jacobson, Peterson of this city; OHIO EXCURSIONISTS ARRIVE IN TEXAS. Will Investigate Gulf Coast Country From Land and Immigration Standpoint.

Houston, Oct. 15. An excursion with 200 land investigators from Ohio reached here to-day. This train will make a complete tour of the gulf coast country of Louisiana and Texas 1ft order to show the Ohio contingent the possibilities of the territory from a land and Immigration standpoint. The party will visit every town of any 'mport-ance in Southwest Texas, and will remain in the State nearly two weeks.

This special train will be followed by a big excursion of land and immigration agents of the Southern Pacific, in charge of G. M. McKInney, general emigration agent of the Southern Pacific. The train will contain some 800 representatives of the Southern Pacific Laud and Immigration Department and a large number of homeseekers from Illinois and Iowa. SONS OF AMERICAN REVOLUTION TO ELECT.

Organization. Will Also Celebrate Anniversary of Battle of Yorktown. A meeting of the Kentucky Society Sons of the American Revolution will be held October 22 at the office of the secretary, Mr. Phil T. AIHn, In the Equitable building, at which the annual election of officers of the society will be held.

The meeting Is also for the purpose of celebrating the battle of Torktown. which occurred on October 19. At this meeting action will be taken on the amendments offered to the present by-laws last October. One of these amendments Is that the chapter shall hereafter vote by ballot upon the admission of new members. Another is that the society, instead of holding one meeting a year, shall hereafter hold five meetings annually to commemorate various battles.

HEAVY FROST FELL YESTERDAY MORNING. Day Wss Clear and Pleasant Throughout Fair Weather Is the Forecast. The heaviest frost of the season made Its appearance In Kentucky yesterday morning, the minimum temperature, at 6 o'clock, 37 degrees, being the lowest of the fall. During the day it became and many who had donned their coats and wraps in the early morning were compelled to "shed" them before 3 o'clock. The maximum temperature for the day was 70 degrees, the minimum 37 and the mean 54.

The day was beautiful, with clear skies and temperature pleasant and balmy. Last night the atmosphere was pleasant. The forecast for to-day is for fair weather. AMERICA WILL PRINT HONDURAS POSTAL MATTER. Silver Coin Will Be Minted In Philadelphia! For the Little Nation.

Washington, Oct. 5. The Government of Honduras has decided to have its postage stamps and postal cards engraved abroad this year, and the work Is to be done in the United States, according to a report from Consul W. E. Alger, at Puerto Cortez, dated September 16, made public at the State Department to-day.

The Government has also arranged for a supply of silver coin to be minted In Philadelphia. Mississippi's School Children. Jackson, Oct. 15. Special.

State Superintendent of Education Whitfield has issued a statement showing that the number of children in the State has Increased from 590,222 in 1900, to 630,649 this year, a total of 40.427. Of these, 74,156 belong to the cities and towns, or separate school districts, the remainder to the country schools. lived, however, and after the first half hour prices began to harden and advance. Price. as a rule were well maintained thereafter during the entire session, although dullness pr--vailerl.

The most prominent factor as a dominating Influence was the hopefulness of reli-f in the monetary situation, although this bell-f was based on rumors that Secretary Shaw-would be Induced to make large purchases Government bonds to be tendered to him. Th banks have gained through Subtreasury operations about since last Friday. Mory rates ruled firm at about 9 per cent, average for the day. In banking circles the sentiment is more favorable than for some time past aivi money Is expected to work lower, particular-bin the event of large purchases of bonds by the Government, which amount Is estimated to bj 520.000.000 to $25,000,000. aryl there is a strongly confident feeling that at least SI0.C00.C0') will surely be taken.

While the large operators would hesitate to resume pool operations without some further assurance of ease in time mon yet the indications point to a well-sustained and advancing market. L. Lyons Co. The stocks of the Cincinnati, Newport Covington rood ore beginning to gather strength again, after the weakness fo-'Io--vin the disappointing dividend declared at the las: quarterly meeting of the directors. Yesteriay 37 was asked for the common and SSLi for th preferred, which Is much better than a few days ago.

though It Is still far from the high point, it is asserted that the monthly statement, to be Issued to-day, will make a showing, and If this Is the case It is though: the stock will recover This Is no time for panic. There Is no mors reason for tho sacrifice of good securities at present than there was a month ago. Stocks are worth Intrinsically as much as they wer worth when prices were selling at the top, an.l people who throw over their holdings because of the vaportngs of the prophets of disaster fie-serve little sympathy if they lose their money. Operators who have speculated unwisely by buying more stocks than their financial resources warrant are now suffering Just punishment for their folly. The elimination of th-lr accounts Is helping the market.

The weeding out of overloaded pools and weak margin traders Is making the situation all the safer for actual Investors and speculators who operate on large margins only. If the current movement of prices reflected a change in economic conditions In this country there might be reason for uneasiness, but it represfn'a nothing beyond speculative conditions brought to a climax by passing money market The coal strike helps to depress sentiment an I affords bear traders additional argument fr hammering stocks, hut the money market situation Is the main cause of the collapse In bull-1 speculation. (New York Tribune. The Indianapolis Stock Exchange organized and filed articles of incorporation this week. The organizers are: J.

F. Wild, of J. F. WiM 7 Harry B. Gates, of Karry B.

Gates Eudorus M. Johnson, of J. F. Wild Newton Todd: L. E.

Lathrop. of Lathrop Hausen; A. W. Thompson, Lyman W. Louis and Sol Meyer, of Meyer Kisser, all active, and Larz Whltcomb.

Charles O. Roemier and Philip Goetz. Inactive. The governors for th- first year are: Harry B. Gates, J.

F. Wild. Sol Meyer, Newton Tcdd and Irz Whltcomb. They will elect from their number a president, vice president, secretary and treasurer. Thi membership Is limited to fifteen, there fceig twelve active and three inactive There are four vacancies In the list of activ, members.

The memberships crt $JC0 and duea of active members are $150 each per There was an immediate demand for and $40O was bid before Monday no-m. Some ot the banks may desire membership. STOCKS AND BONDS. New York Stock Exchange. New York.

Oct. 15. Money on call firm at 3 fl per closing bid and asked 67; prim mercantile paper 6. Sterling exchange weak, with actual business In bankers' bills at for demand and at $4.82234 82373 for GO days; posted rates and commercial bills Bar silver 50 c. Mexican dollars 40c.

Government bonds firm. State bonds Inactive. Railroad bonds firm. Further progress was made toward a higher level of prices In the stock market to-day, although there were no new actual developments In either the monetary or the coal strike situation to Indicate any material change In conditions. Nevertheless the feeling was more prevalent that the coal strike woui'd reacn an early amicable end and that measures are to be taken by Secretary Shaw that will shortly relieve the present stringency of the money market.

His action was said to be In the nature of further large Government bond purchases, various interests being credited with holding large amounts which would be shortly turned in. The sums named ranged from to $30,000,000 and the report was vigorously circulated throughout the street. Whether thers was any foundation or not In the rumor tha money market reflected greater ease than In some time, call loans opening at per the highest, and then shading gradually to 5 per cent. Considerable attention was given to the reiort that there would oe certain mod flca-tlon3 In tho terms proposed by the coal operators for a settlement of the strike, which, would Insure less opposition from the miners from the points contested. Nothing definite developed regarding this report, though it was colored to some extent by the heavy buying of Reading, which showed considerable strength throughout the day.

The dealings were smaller than usual In other stocks of this class and. there was a disposition in general to await active developments before pursuing active operations in this quarter. Recent speculatlvo leaders among tho Grangers, pacifies and Southwestern stccks were bought freely anl the entire market showed decided strength at one time or another. St. Paul.

Louisville and. Nashville and Illinois Central were conspicuous In the day's dealings and made i rtceptional advances of 2 points. Prices elsewhere averaged a point pretty generally, with quite an active demand In a number of specialties. Th Gould stocks as a group received the most consistent support, the heavy buying of Missouri Pacific having a sustaining effect cn the lower-priced stocks. Some disappointment was felt over the heaviness of tho London market, ani as the arbitrage dealers turned sellers the early market showed seme weakness.

Realizing sales, however, by the local traders were soon overcome by the appearance of large orders for the transcontinental stocks and the movement throughout the day was mainly upward, although momentarily checked at timed by profit-taking. Trading Jacked the breadth and activity of tho early operations of the week, but there was a marked undertono of confidence In the general situation. Sterling exchange rate made a further decline to-day, demand bills declining to and there was some talk, of the likelihood of early Imports of gold. Tha payment to-day of tho necond installment cf -f $17,000,000 on the Louisville and Nashville ac- count was looked to as contributing toward a further ease In the money situation, aa th funds will speedily be redistributed again through the usual banking channels. Payment was made by the Subtreasury to-day of $200.030 on transfer account from San Francisco, and it is expected that further consignments cf Klondike gold will be available to the money market in a few days.

No currency transfers hav been made to the Interior by this institution this week and there was a feeling In banking circles that the general condlilons favored low er money rates. In the late session stock trading wad virtually stagnant at times, especially when the market was under from realizing sales. Thero were occasional bursta of activity and these, as a rule, were marked by advancing prices. Praflt-taklng gales outweighed the buying orders In the final hour and there were a number of Important reactions. which were not checked by a final upturn la St.

Paul to the best. The closing was dull and easy. The bond market was dull to-day, but dis- i played, a firm tone. Total sales, par value. $2,475,000.

U. S. Bonds. Refunding 2s. registered ltl Do coupon.

1091 Period. 1902. 1801. llncre'so First week In Oc tober $837,394 $776,917 $60,477 July 1 to Octo- ber 7 11,224,907 9.S59.836 1,365,071 Mileage 7.110.S5I 6.920.591 LOCGWIOTIVE RUNS OVER AND KILLS TWO MEN. Engineer Faints In His Cab At the Sight and His Condition Is Critical.

Wheeling, W. Oct. 15. Special. An engine driven by Chester Lewis through the Benwood yards of the Baltimore and Ohio railroad this afternoon ran over and killed Lewis S.

Boon and David Rusk, employes of the road. When Lewis saw his companion fall beneath the wheels he fainted in his cab. Efforts to revive him were fruitless and he was taken to the Benwood hospital. When he revived he was in convulsions and it is feared that he will not survive the blow. MATLACK IS DISMISSED IN POLICE COURT.

Private Policeman Martin Gives His Side of the Brook-Street Trouble. Leonard F. Matlack, charged with disorderly conduct, was dismissed after a hearing in the Police Court yesterday morning. The prosecuting witness was Private Policeman J. T.

Martin. Matlack's testimony was to the effect that he had asked Martin to release his prisoner, a mere boy, and that the officer had used vile language and provoked the encounter by striking at him with his club. After the trial, Matlack announced his intention of preferring charges against Martin for conduct unbecoming an officer. Martin testified that Matlack was one of a gang of young men who had assaulted him and taken two prisoners from him. The prisoners, he said, were athletic young men, and not boys, as Matlack claimed.

He denied provoking a conflict with Matlack, and declared that the latter had assisted the crowd 3s, registered, 107i.

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