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New-York Tribune from New York, New York • Page 4

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New-York Tribunei
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New York, New York
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4
Extracted Article Text (OCR)

AMERICANS IS CONTROL Continnrd from pare- OswTte! Greene's order. The trouble at Cananea Is of long standing and culminated In the strike for more broupht on agitators driven from the Colorado fields. There has been bad blood between the Mexican and American workmen fur pome ttaas as a result of petty jealousies and arrests made among Americans at various Including the imprisoning of the American vice roneul rerently. COL. GREENE'S VERSION.

Trco Americans and Eleven Meancans Killed Break. The following dispatch from Colonel W. C. Greene, pent yesterday from Xaco. which is about forty miles from Cananea, was received at the local ofnre of the Greene Consolidated Copper Company, of which Colonel Greene is president: and mines nil closed down to-day on account of rioting among: the Mexicans.

Authorities civinc us every riot ect ion possible, assisted by of the compaaiy. MesA lumber yard touriied. Xletcalf and brother killed defending TZlewri Mexicans killed irlne the disturbance. Number of not known. No other Americana killed.

Governor of Soiiora, with troops, mill arrive in morning. We have situation well In hand. granting and concentrating plants uninjured. Trouble incited by noHalistlc organization that had been formed here by malcontents opposed to Diaz government. Expect plant to be running at capacity to-morrow.

Plsbee. Douglas and pent two hundred to aid In preserving order. On the curb market, which usually opens at 10 o'clock, trading in Greene Copper stock begin yesterday morning about ten minutes before that hour, and thousands cf shares were pressed for Bale, with the result that the price 'broke to a few minutes about 2U points from Fridays closing figure, selling down to As the par of the stock is SID a share, the quotations represent dollars and not percentages, so that file maximum decline was equivalent to nearly 25 per cent of the par and was about 9 per cent from Friday's close. In all, there were 20.000 shares. The last sale at comparing with at the close on the preceding day.

Th 9 directors of the Greene Consolidated Cop.per Company yesterday declared the usual biraontbly dividend of 4 per cent. The company tea for some time paid 24 per rent yearly. MEXICANS ASK V. S. AW.

'Secretary Root Decides American Troops Must Not Cross Line. "Washington, June The State Department to-day a most urgent telegraphic appeal for help from the American Consul at Cananea. Mexico. The department also received dlrect application from the Governor of the State of Bcmora, Mexico, for help from the American rifle, a most extraordinary occurrence. The direct appeal was the subject of hasty ooasunations between Mr.

Root, the chief of staff. Brigadier General Bell, and the law officer of the War Department, inasmuch as the of Che right ol the United States to send troops into a friendly state was In doubt. Meanwhile the officers of the General Staff made ready to execute any orders that might be Issued. Four troops of cavalry are at Fort Huachuca. Just north of the international boundary In Arizona, aDd the staff officers assumed that by hard riding this force could reach Cananea within half a day after receiving orders.

rotary Root sent the following message to Ambassador Thompson, in the City of Mexico: Galbraith, consular agent at Cananea, telegrai'hE that American citizens are beirfg murdered nnd property dynamited at that point, and assistance. Press dispatches this naming- report strike riots have resulted in between Mexicans and Americans. Bring to the an- 1 T-, of the Mexican government and ask' prompt and control to protect American citizens. Say to the Mexican government, that if the matter appears to be of a serious character as dispatches stem to indicate, the government of the United States would be glad of any frora the government of Mexico as to the course which we may take to 1 v. at violation of intr-rnaticnal obligations on the part of our citizens to help promote peace and The Mexican government has always been exceedingly Jealous of any Invasion of Its territory hy American troops, and even in the troublesome days of Indian warfare Mexico's consent for American troops to run down hostile Indians when they crossed Into Mexico was obtained I only with great difficulty.

Major assistant Judge advocate general, furnished such documentary evidence as his office bearing upon this point. As a result the mte Department were satisfied that they ha 4no right to act on their own Initiative and dispatch American troops Into Mexico in time of peace, r.o matter how great the emergency, unless these troops -ere ceiled for by the Mexican government through oonstitutional channels. Not even the Governor oX the Mexican State of Bonora was authorized to make a legal call for the use of American troops, and If he felt the need of that kind of help before his requisition could be honored by our government it must have been taken up and transmitted through his own Foreign Office. The officials were considerably disturbed by a press report that Major Watts, commander at Buarhucs, had answered the appeal of Consuiar Agent Galbraith and started forthwith his for Cananea, leaving the War to pars on the legality and expediency of Ms actton afterward. An inquiry immediately telegraphed by General Bell It waa learned that the organization of a posse at a by the Mexican government of Sonora v.ats the foundation for the report.

An order had aJready been sent by the War Department recaJling the troops. The Mexican Embassy In this city Is without official advices concerning tho situation at Cananea. Mr. a 1 the Mexican Ambassador, sailed for Europe last week, and Mr ea-nseco. secretary to the embassy.

of the only through press dlspatrfipg "The trouble is very regrettable." said Mr Feel Right When You Feed Right you know one I always feels very fit when the head and nerves swing along peacefully and v. Ith that cortaln sense of power that is unmistakable. But when overwork or anxiety breaks down the soft gray in the brain and nerve cells anxiety will do It' quicker than overwork) fatter than the food you have been using re-places It, then to save yourself from tliat horror of darkness, nervous prostration, you must change food, and take on some sure rebullder. That's the mission of Grape-Nuts." made of selected parts of Wheat and Barley, containing the natural Phosphate of Potash which combines with albumen in the human body and makes the soft gray filling of the brain and nerve centres. In making Grape-Nuts the starchy parts of the field grains are converted into a form of exactly as in the process of digestion in the body.

So Grape-Xuts has really passed the first act of digestion and therefore food Js quickly assimilated In the most perfect manner by babe or athlete. There's a. Reason. KtJTSi PANORAMA SHOWING SMELTING AND CONVERTING PLANT AND CITY OF CANANEA, MEXICO, WHERE MINE RIOTS TOOK PLA' COLOITEL. WIUMAM GREENE.

Canseco. "There was a strike at Cananea once before, which threatened to result In a serloua situation. With such a large body of men In one place friction is doubtless unavoidable." "CAUSED BY JEALOUSY." Telegraph to The Springfield, Ohio, June Claude Ashbrook, Ohio representative of the Greene Consolidated Copper properties, said to-night that the trouble at the mines at Cananea was doubtless due to the Jealousies aroused among the Mexicans by the Importation of American laborers. "Colonel Greene told me several months ago," eaid Mr. Ashbrook, "that he was going to send American laborers to the mines, as the Mexican workmen were practically worthless.

The men who work the mines are a mixture of Spanish, negro and In and as a rule are so that lerican ran do the work of three of them. ene sent nearly five hundred men down to Mexico from Minnesota, and was on the lookout i miners and other labor all the time. The town of Cananea bas a population of 22.000 and the company practically owns the whole 'town, tho concessions from the Mexican government gave them 10,000 acres surrounding the rr.inee." SHOT WITH OWN PISTOL. Raritan Italian Killed by Woman for Alleged Wrong. Telegraph to The Somtrville, N.

June Alexander Dlpaolo, a well known hotel proprietor and real estate dealer, of Raritan, was shot through the head at 3 o'clock this afternoon by Flarindo Illerlo at her home in Mechanic street here. Two bullets penetrated Dlpaolo's brain, and he died in the Somerset Hospital an hour later. The woman is locked up in the county jail. She says she shot Dlpaolo because he accomplished her ruin and then cast her off. He had recently tried to make up with her, and at the time of the shooting, according to the woman's he knocked at the door of her home and wanted her to admit him, telling her that she had $500 belonging to him and that he wanted it.

The woman says she was afraid of Dipaolo and refused to admit him. Dipaolo, she pays, then took his revolver from his pocket, handed it to her to assure her that he would do her no harm, and tried to force his way into the house. Smarting from the sense of her wrongs and with tho weapon in her hand, as near as can be ascertained by the authorities, the woman was seized with a sudden impulse to kill Dlpaolo, and pointed the revolver at his head and fired. She then walked to the Somerset Courthouse and gave herself up. An auto was Bent to her home, and Dipaolo, who still alive, was taken to the Somerset Hospital.

Dipaolo's relations with the woman date back several months. About the middle of April ho suddenly disappeared from his home in Raritan, and at the same time she was missing. Dlpaolo was gone for several weeks, as was the woman. When she returned to Puritan her parents refused to receive her, and she had since been living at the place where the shooting took place. Dipaolo had been a picturesque character here for over a decade.

He became a leader of the Italian colony and claimed to be able to deliver their votes as he pleased. He received a hotel license several years ago. His wealth increased and he made a I Ip to Europe. When he returned he had with him a young Italian girL His wife made complaint against him for desertion, and he was under Indictment by the grand jury when he killed. ADDICKS MEN GO TO DU PONT.

Telrgraph to Tho Wilmington, Del, June The expectation that Colonel Henry A. Dv Pont will be elected Senator at the special session of the Legislature at Dover on June 12 was strengthened to-day by a report from Dover that ten of the Addicks men have pledged themselves to Dv Pont. With the votes of the nine Regular Republicans from New County, this will give Dv Pont four more than the requisite majority on the iirst ballot in caucus on June 11. It is said the deal was r-ngineored by a well known New Castle County Republican. FRIENDS RAISE FUNDS FOR BROUWER.

Toms River, N. June 2 Dr. Frank Brouwer, who Is a prisoner here on the charge of murdering his wife, is the heir to her estate, valued at between $5,000 and $10,000. Despite this fact, his friends are taking up a subscription to enable him to pay his counsel fees and fight bis case. It is alleged that the money and property left by Mrs.

Brouwer had to be assigned to Brouwer's bondsmen, ex-Aseemblyman Parker and brother. Benjamin A. Parker, both of Shrewsbury, Monmouth County, ho went on Bromver's bond as trai NiEW-YOBK DAILY TRIBUNE, SUNDAY, JUNE 3. 1906. REFORMING THE UT UAL BIG EXPENSE LIST CUT.

Stationery and Restaurant Accounts Show Greatest Reductions. La the effort being made by the officials of the Life Insurance Company to find out Just where the vast sums of money went during the McCurdy administration, a careful study of the books now in possession of the company is being made. Most of the books prior to January 1, 1904, are missing, a new system, of bookkeeping having been begun at that time, but the figures have been tabulated for 1904 and 1905. They show that extraordinary sums were charged against such things as stationery and the restaurant that was maintained by the company for the officers and employes. The present head of the supply department, in addition to making sweeping reforms, is doing everything In his power to assist District Attorney Jerome in bringing out the true state of things under the old management.

A bookkeeper has reported that examination of the books shows that the following amounts were paid on bills coming or supposed to have come from the following firms: 1004. Lawrence Co $102 47? Olobe Printing Company W. Ahrens 64,580 18 .164 Holden Motley 53.812 50 George McKlhbin Son 70,129 15, 406 C. E. Parsons A Co 49.000 H.

K. Brewer Co 16, 091 15.809 These are only the accounts above $500 with firms from whom the company is charged on the books with receiving stationery, printing and advertising novelties. The totals are $651,340 for 1904 and $465,502 for 1905. On the stand at the Armstrong inquiry it was said that the stationery and printing account for 1904 was about $601,000. It would seem, therefore, that a part of the money went to some of these firms was credited to other than the stationery and printing account.

Lawrence Co. Is, of course, Lysander W. Lawrence through whom Andrew C. Fields got most of his money. The Globe Printing Company was a subsidiary corporation of the Lawrence firm.

The relation of George Mc- Kibbln Son to the Lawrence company was brought out by District Attorney Jerome before the Insurance grand Jury several days ago. The former used to sublet some of tho binding 1 to the McKlbbin people, and put In the bills direct. They kept the bills of the binding firm on hand for that purpose. C. E.

Parsons was a clerk in the employ of Lawrence Co. It will be noticed that no bills were put in in the name of this "fake" company in 1905, when the insurance revelations began to come out. Holden Motley Is a stationery firm, the senior member of which was Horace Holden. a son of James C. Holden, a trustee of the Mutual.

He is dead and the Interest In the firm is held by his widow. L. Ahrens has since gone out of business. IN RESTAURANT SBRVICE. There are some meat bills from a butcher named McDermott, showing that $25,000 was paid to him for meat Fupposed to have been used In the Mutual's restaurant in 1905.

The entire ropt of the restaurant In 1904 was some 315 officers and employes of tho company received their luncheons there. Nearly four hundred persons are now bring fed at noon each business day at a yearly expense of less than In the old days, it is wine was served to the officers at the expense of the company on certain occasions. Tho caterer is now a man named D. Costa, who was a head waiter In tho old restaurant. Further evidence of the change in the way the Mutual Is doing business is to be found in figures obtained yesterday.

According to the Armstrong law, after January the total expenses of a life insurance company must not exceed the gross amount of loading. This excess of expense was a common occurrence in the old days, but the Mutual has already come around to the standard of the Armstrong law and gone beyond it. For tho first four months of 1905 the expenses exceeded tho gross amount of loading on premiums paid by $845,000. For the same period this year the expenses were $820,000 leBS than the loading on premiums paid. making a net gain for four months of $1,665,000.

This has been accomplished largely through the decrease In expenses. A large amount of. money formerly hell In banks and trust companies at a low rate of interest has been so invested that In the first four months this year the net returns from Investments increased by over It was also learned yesterday that the Increase In the amount of insurance allowed to lapse by policyholders of the Mutual In the first quarter of 10OC over the same period a year ago was a little less than a Quarter of 1 per cent. On a total of Insurance in force this would be an Increase in lapsing of something more than $3,500,000. The total lapses last year arc raid to have amounted to some 180,000.000.

In response to the statement made by Samuel Untermyer yesterday that the Mutual and the New York Life were paying 8860 a thousand names to have the lists of their poMcyholders made on th understanding that the companies doing them should not furnish any of the lists to other persons, -whereas another company stood ready to do them for a thousand, a statement was made by the official In charge of these lists for the Mutual yesterday. He said that he received all the bids he could get, and the lowest was that of the Trow Directory Company, which offered to write six lists in duplicate for $7 a thousand names. The next bid was The first was taken. He said he have been delighted to get somebody to do the work for a thousand, and that he had been told that the materials could not be got for that amount. He denied that there was anything In the contract preventing the company from preparing lists for outside persons, and that nothing of the sort was even talked of.

Ii Is said that the New York Life is paying $15 a thousand to have stencils of its pnlicyholders' names. After the stencila are made the lists can be made for 25 cents a thousand names. MR. CLARKE TO VISIT EUROPE. Augustus W.

Clarke, of the 811 a Art Galleries, Liberty street, will Kill for Europe on "Wednesday iLUtia fur a Dleasure SUBWAY TRAFFIC LIGHT DUE TO FRIDAYS FIRE. Rapid Transit Board Expected to Abolish Wooden Cars. The flre In the Suhway at Broadway and 107 th street on Friday night has apparently frightened the travelling puhlio more than any accident on surface, elevated or subway lines In years. Although Subway trains are usually crowded on Saturday afternoons, the traffic was much lighter than usual yesterday. Tt Is authoritatively stated that on Thursday the Rapid Transit Commission will adopt a resolution calling on the Interborough to run no more wooden cars In the Subway.

It was generally commented on tarday that cars supposedly fireproof, with copper sheathed sides, should burn like tinder. Two cars were completely destroyed, and of two others only twisted and warped steelwork remained. The supposed caused much discussion yesterday, in -which of the Interborounh Raptd Transit Company talked as freely as outside engineers who criticised the Subway. The Subway accident In Paris about two years ago, when nearly one hundred persons were killed, nearly all brfngr miffocnted from smoke, was recalled, and the possibility of such ar. accident In this city discussed.

Another point raised was that the lights In the trains went out almost simultaneously with the short circuiting that started the fire. Although this denied by August BeJmont and K. P. Pryan, president and vlce-presid-nt of the InterborougH Rapid Transit Company. Deputy Fire Chief Blnns and many other firemen, policemen, and even passengers, affirmed It.

Mr. Belmont In his snid: One thing ought to he o.lparly Impressed upon the public and that Is that the independent lighting system In the Subway continued for a half hour after the collision. That means that the Subway was not left in darkness, as persons woidd believe by some accounts. The public can always be sure that, no matter what may happen In the way of an accident In the Subway, the passengers will always light enough to enable them to make their way in safety to the nearest station. The Impression i-reafpd in some, accounts of the accident was thai as soon as the empty cars crashed together the whole Subway in that section was immediately In utter dnrknpss.

The Is that for thirty minutes after accident the Independent lighting system continued tn operation, thus giving everybody an opportunity to out. The Independent system kept on until thin.es got too hot down there and the wires malted. E. P. Bryan, vice-president, said: It Is all nonsense to say that the Independent lighting system failed to work.

The Independent lighting system continued for thirty minutes, and finally It was the heat from the short circuit that caused Its discontinuance. August Belmont was the only official of the Tnterborough Rapid Transit Company who practically acknowledged that the cars burned were not properly flreproofed. Deputy Chief Blnns of the Fire Department was emphatic In his assertions that they were not fireproof, while Frank Hedley, general manager, stated the opposite as emphatically. An expert engineer said yesterday that the cars burned on Friday night, while called copper sheathed are really wooden cars, with a copper sheathing on the sides "no thicker than a piece of paper," and wh.cu. the expert said, are absolutely useless In a hot fire.

Mr. Belmont, In discussing this feature of the fire, nald: I am willing to say that we shall never put any more wooden cars in the subway. From now on nil cars that go Into the subway will be made of steel and will be absolutely fireproof. "Why not take out the wooden cars before there Is any serious accident?" Mr. Beimont was asked.

"What are we going to do with the wooden cars?" he replied. "Throw them into the scrap heap?" "Couldn't you utilize them for elevated trains?" "They are too heavy for the elevated structures." "Why couldn't you let them run on the surface somewhere?" "We don't own any other roads on which they could be utilized, and from the present attitude of the public mergers it seems that It wouldn't be a good thing for tin to own any more railroads." Asked If the wooden cars could not be sold to some other road for surface use, Mr. Belmont said it might possibly be done. But. he said.

It takes time to build steel cars. He continued: When we first started to build cars for the subway there were no steel cars In existence. The first we built In Altoona, were too heavy. We had to keep on experimenting until we could get steel cars that were both durable and light. Hut while we are doing the very best we can to give the people the most effective subway service in the world.

I think it la wrong to exaggerate any accident in the subway, If any such little accident as occurred last night is exaggerated, the passengers would get into such a frightened state of mind that they would want to Jump out of the windows every time the lights went out Chief Engineer George S. Rice of The Rapid Transit Commission did not discuss whether or not the cars that burned were fireproof, but argued yesterday that all cars, fireproofed or not. would burn under the excessive heat of a short circuit. Mr. Bryan, vice-president of the Interborough, as emphatically denied that cars were entirely consumed as others said they were.

He said: Naturally there was a considerable quantity of stuff burned as a result of the short circuit wcoden sheathing of the third rail, the Insulati around the wires and other Inflammable stuff caught fire nml caused a great deal of smoke The motors and general equipment of the affected cars however, were found to be in very good The damage to the hns been very much ex Of the copper sheathing on the two cars injured the most is still there, and can bo seen and examined by any one who wishes to rid bo. It Is nonsensical to say that it was destroyed completely. On the whole, It can be said tim two steel cars acted very well. The woodwork was naturally very. much charred by the flames md the enormous heat.

No matter what the material may be, it cannot stand the lie.it generated by powerful short circuit. One of the best kntiwn expert engineers in the country yesterday spoke of the loss of life which would result If a tire similar to that i Friday sight should occur in the neighborhood of the 188 th street or ISOth street station on the Broadway line. At 168 th street the subway la 117 feet below the street level and is reached by two large elevators, both Blow mcvlng. and a long, winding stairway. At lRSth street the subway is about a hundred feet below the street level The expert said: It a fire similar to that of Friday night should Start near either of lt station? there would be bound tO be loss of life.

The volume of Btnoke which would pour through these outlets would suffocate any one about. it would be impassible In case of a crowd such as attends the baseball games and gets ofT at mm street to get out of the subway or many were overcome and suffocated. It would be a repetition of the Purls subway horror of two years ago. Smoke the denpity of that of Friday night would take about fifteen minutes to ascend to the street and escape, and in the mean time many would be killed. Many thousand passengers board and leave trajns at USth street and 189 th street each day.

and. according to experts, the loss of life, in case of a fire at either of these points, would be great. Alexander E. Orr. president of Rapid Transit Commission, said: When the subway was built there were no such things as steel earn: Wo got copper shenthert cars which were the most dura bio md of any that time.

and. thought had done a great thing. But it i at possibles that some other action may ba taken, in view of the recent Bra. TO FIGHT BOXING ORDER. Athletic Clubs to Appeal to Courts for Protection.

Sheriff Hayes will have a busy week. If the managers of the fighting: clubs adhere to their determination. Notwithstanding the order of Governor Hlggins to the Sheriff to stop all Illegal boxing contests In No if York, and the latter's activity In carrying out the the officials of the Maryborough Athletic Club and the Olympic Athletic Club declare that they will carry out their schedules this week. The latter club, which "meets" Friday nights at Its rooms ct 138 th street and Fifth avenue, has advertised a star attraction. Young Corbett and Tommy Murphy (both members of club) to meet, and their fame Is likely to swell the club membership between now and next Friday night.

But, according to the Sheriff, the only way to circumvent the order of Governor Hlggins is to obtain a Supreme Court Injunction restraining official Interference with the club's entertainment. It was said yesterday that the first club to proceed In the courts against the Sheriff and the Police Department would probably be the Longacre Athletio Club. In West 29th street, which was the first to feel the effect of the instructions from Albany. At a business meeting of that club, the secretary. M.

J. Neumann, was instructed to consult counsel, with a view to obtaining a decision by a higher court on the question of the legality of sparring exhibit: The club officials say that the three and six round bouts which they hold are only sparring exhibitions for club members, and not public prizefights. Both the police and the magistrates are anxious for an interpretation of the law In that respect. Some action will probably be taken by the Longacre club to-morrow. There Is In the preeent fighting situation a bit of humor that recalls the introduction of the Raines law sandwich in this city.

It is the Insistence of, the club managers that their "sparring exhibitions" are strictly fraternal affairs. The spectators and the pugilists are all club members, they assert, and Indulge in these exhibitions because they like the sport, and not for pecuniary gain. Governor Hipelns sent the same instructions to Sheriff Flaherty of Kings County that he did to Sheriff Hayes. THOMASES GET ROAD. E.

B. and Orlando F. Buy Control of Short Canadian Line. E. R.

Thomas, who, with his associates, recently acquired control of the Mechanics and. Traders' Bank, the Consolidated National Bank and a trust company In this city, has now entered the railroad field. He and his brother. Orlando F. Thomas.

It Is announced, have purchased a large interest, probably representing control, In the Brockvflle. Westport and Northwestern Railway in Canada, and. with Walter I. Burgess, one of their employes, have been elected directors of the company. E.

R. Thomas has succeeded John Gerken as president of the road. The Brockville, Westport and Northwestern is a small line, only forty-five miles long, extending from Brockville to Westrort. near Niagara Falls. It has $2,000,000 capital stock, of which Is outstanding.

The total gross earnings for fiscal year ended June 30. 1905. were only The object of the Thomases In purchasing the property could not be learned yesterday. Tlwir rather, the late General Samuel Thomas, conducted many successful operations in buying small railways and combining them into systems. BROAD STREET BUILDINGS CRIPPLED.

Electricity Cut Elevators Stop Running and Lights Go Out. A good deal of inconvenience mi son" red yesterday by bankers and brokers having offices in some of the Broad street buildings from the cutting off of light and power usually furnished by the Edison Electric Illuminating Company. The elevator service In several buildings was suspended all day. The Sew York News Bureau, which oecuriea part of ore of these buildings, usrs electricity for runnine its and was obliged to print its news clips and Its newspaper on hand press and consequently was unable to give the customary prompt to Its customers. The trouble was said to be due to the burr.lrg out of some of the Edison underground wires In Broad street.

81-HYBRID LIKES "LONG GREEN." Attempts to Swallow Ferari's Bank Notes Torn to Shreds. One of Colonel Francis PeraiTa bri Is. at Brighton Beach Park, nearly choked bin death yesterday on bank notes. Colonel Ferarl has four of I remarkable annuals, they inifns of tlvir kted known to other reports to ths contimrj i standing i'-'-y aw a combination of Hoi ard and Jaguar. Colonel Ferati came to New York yesterday to get money for his payroll.

of it was in bills of small denominations, and it made a big "roll." Upon his return to Brighton Bench a rehearsal was la progress, and, the animals not acting to his liking, the colonel went Into the arena himself. He hunt; his coat up. the money being wrapped up in a newspaper in the outside pocket Of his coat. in putting the animals through their paces the bundle was knocked to the floor, anil shortly afterward to the colonel's horror, one of bl hybrids was discovered just starting In to make meal of it. Some of the money was torn, bin the pieces were collected and sent to ihe Bureau of Kedemption at Washington.

RECEIVER FOR A. H. KINGSLAND. Payson Merrill was appointed receiver of the business of Albert H. Ktngslaad, 'asalnst whom an Involuntary petition In banltruptcy Was tiled yesterday.

The ri-ceiver's bond was at The petition asking for lbs appointment of receiver states that the alleged bankrupt has an Interest, estimated at SISO.WV. Is property devised under the will of Daniel C. who died on May SI. and an Interest In property under the will of Auburn C. Klngsland, together with an Interest In other property estimated worth at least SM.OW.

-The court restrained alleged bankrupt from parting with any property he might own. and the same order also restrained any MM from paying money to Mr. Kingsland. He, It is declared. is in constant receipt of the incoma from the property specified.

It Is deel.ired that there are upward of thirty unsatisfied judgments against him. BOY KILLED BY STREETCAR. Einll Muller, twelve years old, of No. Third avenue, was run over and Instantly killed yesterday by an east bound SUh street car between Second and Third avenues. He was playing baseball gag darted the road to make a catch, when the solng.

it Is said, at excessive speed down the incline, knocked him down. The car i-nl no fender on. The Michael ot No. 690 Tenth avenue, was arrested and remanded to the Coroner. father fa Armln Mutter manager of the department of Jorf.

The Financial World. Stock market hesitation becomes marked. Xew elements influence the situation The financial outlook is less clear than it has been. National prosperity promises to be lasting: but prosperity's reflection where confidence wirs merging into enthusiasm there now Intervenes a spirit characterized 53 conservatism, but which may actually be regarded as doubt an.i suspicion. Reasons not far to seek.

No mystery wraps them, A little While ago there was wail and outcry against "the mania for but who corporation Integrity were r.o* trouhled, for it was their firm faith that mack raking energies wouM be halted by prompt proof of ugly allegations. Yet. in too conspicuous quarters. Instead of denial, there Js dodging elsewhere confession. And Wall (whether Just'y or unjustly) reaps bow a rum indictment.

Pfnnsylvania inquisition, Star.da-^ Oil accusation, alleged Beef Trust abomination pessimism into Wall Street. It may be. Temporary? Perhaps. quentlal? Vr.fortunntfly. no.

public choosing to itself "on notice." Apologists need not strive to delude themselves; p'ib. lie sympathy at the moment, however is sharpened to keen erJge. adversely. Evf. dences abound.

Speculative brokerage ofn are empty, bankers offering Investments without normal custom this week's record on the Stock Exchange stands for but the barest professionalism. Some new show of life was infused Into Saturday's market, a few stocks becoming fsJriy active at advancing quotations, but the isssssp stration was hardly of convincing character There is a substantial short Interest In market, and traders so committed may tx, from time to fir: forrerl into hurried covering processes, but actual healthy animation is To Ignore current of public's sitlon would be childish, for looking facts in the face, it Meeds be confessed that the security marl for the time at least, has provocation for hesitancy and halting. Prosperity has other uses than to be exploited by issuers of new securities. What Is troublesome in -he fiaaaeM situation to-day Is much less the surface tndication of "grafting." so much indicted, than the competitive making and huckstering el sjss) stocky, new bonds, short time notes and mis. cellaneous other capitalization schemes.

Crop prospects seem almost perfect. General business conditions an not only without apparent defect, but, both commercially and in. dustrially. Good Times tokens multiply. positively deterrent are the avalanches of new securities Pennsylvania's example less exceptional than examination will disclose.

It Is urged In defence of the policy of an overftowtng volume of new capitalization obligations that funds so realize! are for profitable Investment, that net returns will be so augmented to amply Justify the enormous drafts belas made. This may ultimately prove to be trse. though up to date the theory is not quite so well as early predictions promised; tha Pennsylvania example (still adhering to that merely for example), disclosing an exhibit ot bonds expanded from $33,000,000 to 5131.0M.M1 within half a dozen years and stocks Increased during the period from under SIoO.OOOIMI to over $300,000,000 (a total capitalization of mere than over 123 per cent.) with $9,781,000 paying the dividends of 1900 against requirements of more than for 1905 and this attended by the disclosure that the $7,990,000 current surplus available over dividends for improvements in 1900 Is expanded in 1905 less than half a million dollars. These are hardly returns officially anticipated. But critics of Pennsylvania policy are not well poised if they hurry into free and easy condemnation of the plans and accomplishments of President Cassatt.

Informed critics will not be forgetful of the tremendous reserve possibilities available for the rounding out of the Pennsylvania's policy through Its position as beneficiary from its hundreds of millions of investment The control of other great railway systems nets with Pennsylvania. From Its Western relationships, it may be that no early Increase of net revenue will come Into the Pennsylvania treasury, and Its Island control may not be for some years a contributor of profits; but the vast mileage of Norfolk Western, Caesapeaks A Ohio and Baltimore Ohio may be expected to provide early expansion In dividends for Pennsylvania advantage. Much stress. Indeed. Is laid by Wall Street upon this element the It is urged that Chesapeake.

Norfolk and Baltimore Ohio resources will speedily be providing' all the increase of revenue which will be necessary to offset any delay in Pennsylvania's reaping a large reward from Us own expansion. This manner of optimism does not. however, indulge in much particularity. But the suggestion is popular, and in the market It has been Influential. Of Pennsylvania's large stock holdings upon which dividends may be raised, lteralzatioa la as follows: Chesapeake Ohio $10,180,000 Norfolk Western 20,330.000 Baltimore Ohio 30.293,3<# Total It is pointed on: that Increased dividends must be soon disbursed upon all three of these an increase, it la forecast, of 1 per cent.

all around. Now, for the Pennsylvania, what would thus result? Upon its Chesapeake Ohio investment It would additionally receive $101,000 Norfolk's addition would be saw." and the increase for Baltimore Ohio would a total gain (for a year) aggrtganr-s $607,500. This would equal exactly one-flfth of 1 cent, on Pennsylvania's own capital stock. An increase of 2 cent, (which would make 7 per cent, for Baltimore Ohio, i per cent for Chesapeake Ohio and per cent, for Norfolk Western) would increase Pennsylvania's Income by an amount equal to fifths of 1 per cent, per year noon its eOKre capital. But nobody is forecasting any euca increase soon.

Pennsylvania owns stocks of the par vaiue o. S2W 000,000. An all-round per cent, mow paid' on every gtva the company as much as 1 per cent on its outstanding capital, such an increase Jl2.9oMoo) being equivalent to raisinsr income trow. secua ties approximately another 29 per cent, on top of the 38 per cent, expansion shown nr 1905. following years of expansion In returns to a continuous period of unexceptional proa- Tt is fair to record that the 1 Railroad for 1906 will receive dividends from its holdings of Company stock, now rayinjc 5 per ccn ravins nothing from ltftt to 1000.

and only i per cent, in 1901. In hard times ivlde a rrZ, been dropped from Pennsylvania stock. On the J40.000.000 held last was received by the. Perm Railroad. Of course, the Pennsylvania Is liable for interest on bonas -vl dividends on its own stock issued 3 JT funds obtained with which finance the Be Issue of $20,000,000 Pennsylvania Company Pennsylvania's prosperity is dependent Pennsylvania itself.

It is not wise for optimum to be careless. St. Paul has extraordinary financial under way. coincident witn extraordinary I cal ami there may be some furcae. upward St.

Paul movement. In Reading there is forceful a pool of traders under leadership more dominated by Richard Canfleld. The stocks may be ought to be. l- capacity is reflected, for copper trade have never hitherto been in such situation. Amaljjamated-s dividend can I creased.

Anaconda may be retired possibilities are abundant. There evident that finally insiders the chief of capital stock. Insiders the buyers of Brooklyn Rapid Transit. In the Vanderbllt quarter there is no ment of the plans which are to round out a tawj concentrated system. It Is creditably 4 VT that the large volume of funds withdrawn Mi- Rockefeller from Missouri PaeUle was Jr vested in the mo.

of two of the Junior aIMW hilt railroads. Reports of increase ia trie Four dividend are not confirmed officials. announcement of what will important ms that property may be expected shorty. The entry of James J. Hill into Canadian raway construction Is not in sense bearish upon established Canadian rrtits.

Rather, it may taken as the recognition of the richness of caija field from one of th clearest minded or way authorities. Canadian Pacific t9 on eX bargains of the present market. Still 3 L. ceptlonal is the value disclosed In both mon and preferred shares of the inn eai Paul and Sauli Ste Railroad gas system) auxiliary of the. Canadian Paclflc, April net earning of this road Increased per cent.

Earnings Increases for the a pass 7 per cent dividends tor both and preferred that amount in much, more than earned before were scored, or htgh prererred stocks that of the Soo system JV I out -Is measurably approached oy a few. and those in the ultra gilt edged a a JI 7 per cent paid upon the common stocij. a preferred Is entitled to equal participation in such a participation as double the rate It 13 receiving..

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