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Times Union from Brooklyn, New York • 10

Publication:
Times Unioni
Location:
Brooklyn, New York
Issue Date:
Page:
10
Extracted Article Text (OCR)

of I 16e. 733 FF 755 la a a THE BROOKLYN TIMES TUESDAY, OCTOBER 9, 1900. Financial Rand Cm WALL STREET, Oct. 8-The question of affected both London and New money raise York and both markets were low. gold exporte from that Landon fears New fears night salsa for side and 1 York in spite of the Imminence uf gold Imports The obvious tendency el money False in Landon la upward from the nature of the case, though on callithe rates there this moraine were unty 154 per cent.

with open market discount tales 84 4 per while here the rata call In the day wam a per sell and mercantile discounts are stronger fraction lower, the Blocks were generally a the latter In declare ranging from to People's Gas, due to Chicago pelllin In London, American wets weak ant below and tsettah 10 per cent. console dropped 4 per ceil The ('on Unental bouracen were though were as a rule rates in Europe this morning unchanged The Continent, bowerer, playa London, and London Itself second nadle to second nadie to New York la obliged to play Humore that 82,000,000 guld nad been engaged for Importation were not confrmed Aside from the money queation, the cut: ting of steel rail prices by the P'arnegle Company againet the Federal Micel regarded an a bad feature Itall pany was road offictals continue to claim that steel rails must be reduced to attract business fro The action of the f'arneate Company depressed Faderal Mieel, and other be little doubt that In steel stocks, as there can rail quotations will now have to tHe steel erally cut. Another feature far from fav. arable was the decrease in the gross cartInge of the Northern Parthe for the fourth week of Beptember of no less than $192. owing largely to the falling off in the North: western wheat crop in that section The fact, too, that the pound money Issue la the real lenue in the Presidential conteat and that however certain the election of Mr.

McKinley appears to the best Informed people, this result has not yet tually, been achieved, acts as a deterrent on trading by large interests, who might other wise embark on big operationa for long Recount. This hesitancy among much peo. ple as the Rockefellere, Vanderbilts, the Morgans and others communicates Itself to the rank and fie and It la a purely traders' market, regardless of the prosperous conditon of general trade, the favorable reports of earnings of most railroads, and the moral certainty that Bryan and with him him allver heresy are practically buried beyond resurrection. Tennessee Coal Iron advanced, owing to the settlement of the strike among its miners at Blocton. A pool WAR said to be buying Bugar on a rumor that quotations of refined sugar are likely to be advanced.

In the early business Brooklyn Rapid Tranalt was comparatively steady, and there was evident U'nion London sold 10,000 shares, Including I'nion Pacifie and Baltimore and Ohio. Good buying reported of Manhattan. The weather in the Northwest this mornInk was very cold, the thermometer falling to 29, while in the corn belt it was down to 34 and in the Southwestern cotton region temperatures were reported of 40 to 48. The fact the anthracite coal strike seems certain be settled in days, had that, next to no influence, a8 the money rate question overshadowed everything else here and abroad. Mr.

Keene was said to be testing the market on the short side especially in B. Q. Lower Wall Street was said to be buyIng Sugar. traders were covering later on in People's Gas. Western selling caused a decline in Tennessee Coal Iron, but later on Federal Steel became stronger owing to rumors, calling in question the reports of Carnegie cutting.

Money later on was three per cent. bid. Boston sold the grangers and Sugar. Wire was depressed by Western selling. The Bank of England has advanced its selling price of American gold coin from to 768., per ounce.

"This," says a London despatch, "Is highest price charged 'by the bank for American coin in many years." Later stocks rallied on buying by Housman, Wormser and other bulls. There was no pressure to sell. It is reported that the City Bank is arranging gold imports from Paris, STOCK QUOTATIONS. Reported by F. and J.

G. Jenkins, brokers, 72 Broadway: Open- High- Low- Closing. est. est. Ing.

Am. Malt Co pid 23 23 23 23 Am Wire, 33 Am Steel pf 74 74 74 74 Am Car Foun pt 62 62 Am Car Foun cm 153 Ain Sugar Ref Amer 90 Amer Tin 30 30 32 AL, At. 70 Anaconda Copper 0 71 78 78 78 Brooklyn Rp Tra Chesapeake 0. 28 28 Chi, Bur Quin. 125 C.

(ft West pt A. 70 70 70 70 Chi, Mill St Pa. 112 112' 112 Chi, Rock I P. 105' St. 62 62 62 62 Coi Fuel 34 Col Continental Tob 25 25 25 25 Cont Tob 77 77 Delaware Hud Federal 33 Federal Steel pid 64 64 Int 19 19 Illinols Central 116'2 116'2 116'2 Inte Paper 64 64 64 64 Louisville Nast 71' Manhattan Con 90 92 Metropolitan St 149 149 149 Am Ice Missouri National 26 26 Nat.

Steel 84 84 84 84 New York Centr. NY Ont Norfolk Northern Pacific. 48 North Pacific pid Pacific Mall 31 31 Perin Peo Gas, Chicago Pull. Pal. 185 185 185 185 Repub Steel 16 16 16 16 Reading 1st St.

San Fra 8t. L. St Southw pid. Southern Pacific. Bouthern Railway southern Rail pid Tenn Coal Ir 57 Third Ave 109 109 109 109 Union 584 Union Pacific pid 78:2 U.

8. Leather Wabash Western Union pid. 23! 23 Call money was quoted at 3 1-4 a 3 1-2 per with a proportion of loans at 3 1-2 per cent. Time money was qu'et but firm at 5 per for all Gali paper unchanged af de per for prime endorsed a 850 per cent. for choice single nance wand for other wood Withdrawals of gold the Bank England for Cho United 10-day were elates £56,060.

Pereign was Arm, but without quotable chance, deveral houses are said to be Reuine transsellone, but schnite arrangementa Save been made as Ver BUYERS AND SELLERS. Adam.a and 8 Vaughn bought Union Pacino F. W. Havin sold McKinley A Sherman bought Union Pacino common; Cammann soldi Kirkner and F. Ames bought Ca Brookiya A Rapid Transit Foal Plane and Bell Co.

auld H. Content Co, bought Northern Pacine. Ladenbure, Fasalman Co auld People's Gas auld A preferred W. 1. Stow 4 Co.

bought Hi Paul, Holman A L'un ningham, and 1. Warmer bought Huger James Honigman Bros a mil Ladenbure. The A 00. solid Sugar He nuine. 81 Louts Bauth western preferred, A Pain hilt euld John Muir a bought Bouthern BEFoRe Burgle ('a bought A Ohio, London auld Ladenbure.

1 Balinann A la sold Northe Marine and Chapinan Brooklyn Hapld Tranell 11 Content Bald THE SUGAR MARKET. European beet sugara were quiet and changed al be, a Hid for Da 101a4 for ber Domeetlogen were unchanged Granulated 6 law a for centrifugala and 1-4c. for muscavados EXPORTS OF MERCHANDISE. The aporia of merchandise from the of New Turk for the Week ending tu-day wets Valued 810,916,163, againat 812. 308, In the preceding week NEWS AND GOSSIP OF THE STREET.

The Musquehanna Iron and Company, of Philadelphia. has declared a quarterly of 1 1-2 pet cent a reduction 12 to a 6 per cent. rate, A lung Baht la expected in Chicago The Municipal company has Increased capital to 0, 000, and prominent names have been added to Its directory It la ntated that the earnings of the Elevator Company for the fret mix months of this year will a mount to $3,000,000, and total for the whole year in expected reach $0,000,00 Ennis Stoppa rat may: "ft looks as though an early advance In the Blank of England rate of discount. eat present probable, In order to attract gold to London or stay whipment to the ('nited States Our exports are so large that it looks ns though gold Imports were bound to come. The sentimental effect of such shipments will undoubtedly be good." A bet of $10,000 even in offered in the Stock Exchange that McKinley's plurality in New York will reach 70.000, Another bet of $10,000 to $8,000 In offered that Kansas will go itepublican.

J. 8. Bache Co. mys: "Our London house cables us this morning options for end November somewhat lower at, say, 1-16 cheaper. Papers Baltimore Ohio can be had at per cent, against the previous quotation of per The National City Bank has just ordered 1,000,000 francs In gold from Paris for shipment it on the next -teamer for thin country.

INDUSTRIAL NOTES. At Lowell, the employees of the Hamilton Print Works have renewed the strike which wam ended last week. The four rolling mills of the Susquehanna Iron and Steel Company resumed operations yesterday, the 1,800 employees having accepted the 25 per cent. reduction in wages made by the company. The principal threshing machine manufacturera are again in session at Indianapolis.

Efforts are being renewed to form the 000.000 combination. which was proposed year ago. The tin plate mills are resuming work rapIdly. The Monongahela Mill, the Deminler plant and the plant at New Kensington started yesterday. By the end of the week twenty plants of the Tin Plate Company will be in operation, and 35,000 to 30,000 employees will be again at work, after being idle since last June.

RAILROAD NOTES. It is belleved at Newport, R. that the Pennsylvania Raliroad Company is endeavorin to absorb the Joy line of steamers and develop the finest service on the Sound. Representatives of the Western Passenger Association, Northern Pacific, Great Northern and "800" have agreed upon harmony In passenger rates, although the three Independent lines will continue to make low homeseekers' excursions. The St.

Louls, Kansas City and Colorado Railroad Company has given contracts for Its extension fifty miles in the direction of Kansas City. The road is in the hands of St. Louts capitalists and a number of railroads are anxious to secure it on account of its fine St. Louts terminal. MISCELLANEOUS ITEMS.

The Philadelphia Trades League is trying to establish a oceanic line to French and Spanish ports. The Austrian Government purposes to build a railroad through Bosnia Into the heart of Turkey, where it will connect with the line to Salonica. The Wesern Union Telegraph Company has brought proceedings in the Supreme Court to the city of Philadelphia from collecting license fees on its poses and wires, claiming authority under the Inter-State Commerce law. OUTSIDE SECURITIES. Storage Power sold early in the day at 14.

but later dropped to Boston was a small buyer of Bay State Gas at 1 5-16. A small I block of Amalgamated Copper sold at 87. The general list was quiet with slight fluctuations as a rule. J. L.

McCormack, 80 Broadway, Manha't- tan, quotes: Yesterday. To-day Bid. Asked. Bid. Asked.

Amg 87 87'2 Am. 5 5 Am. pt 30 25 29 Im Wool, 13 13 13 Am Wool, 69 70 69 70 Air Power 25 35 28 35 Amtse Gas, 105'6 17 17 bonds Chi Alton Bay State Ant 39........ 92 93 92 93 Distil of Am. 44 Distil of Am, pid 19 20 19 20 Elec Boat 13 15 13 15 25 30 26 30 Elec Veh 17 20 16 20 Elec Veh 85 40 35 40 Elec Pneu Fiem 22 30 22 30 Gen Car Havana C.

8 Havana 39 41 39 41 Ill Trans Inter Pump 18 19 Inter Pump 65 66 60 67 Nat 15 30 15 25 New Eng N.Y.El Otis Elevator Otis Ele 84 86 86 Royal Bkg 91 92 92 93 Rubber Rubber G. G. 27 76 78 76 78 8afety C0118 121 118 121 Stand Oil 652 655 561 653 THE COTTON MARKET. The trading in cotton was quiet with the changes in prices confined within a narrow range, but with the general tendency downward early in the day on disappointing bles and large estimated' receipts at the ports. October was 10.43; November 10.14; December 10.07, and January 10.05.

Later on there was some recovery, owing to colder weather all over the South, outside buying and covering of shorts. Liverpool both bought and sold, and so 414 Incal and Souths operatora. Light friata were reported along northern edge of Arkansas, Texas, Tennessee and Liverpool unchanged on the spot, with sales hales; futures opened 1 10 8 pointe higher, but reacted. The port receipte were mated at 90,000 bales, against last week and 60,071 last year. Houston received bales, againel last week and 34.663 last year, THE COFFEE MARKET, There was decline of 4 points early on proll taking and cables.

001 tuber 7.16, December 7.40; January 1.40 and March Havre opened quiet; October and November advanced 1-4. other months were unchanged A1 noon prices declined Bales 14,100 bage Hambure opened decline Bales 18.000 Lage. Rio barely steady al unchanged pries Exchange 10184. (1-161 advance) Herelple days, 20,600. 234,600 Banioa barely steady changed prices Receipts daya, 54,000.

Stock 160 OTHER PRODUCE MARKETS. lower foreign selling favorable weath. fur the crop movement and liquidation here and el the Weal, Lugether with more or less short selling The absence of outalde Interest In the speculation was bearish December was 11 In Chicago: here 43 14 The Nurthwest sold Chicago and an Increased movement of spring wheat expected Liverpoul deelined to 8-50 and Paris to 15 centimes fur wheat and 10 fur four In the extreme Northwest al Al the temperatures ranged from to In the Dakotan and Alinnesota 34 to 45; in Nebraska and luwa1 30 to In Kansas, sourl. Indiana, Ilinota and Ohio, 40 to 45 The lowa official crop estimate of all cereals will be 431,000,000 bushels, or 181,000.000 above Wheal was caster under the Innuence at the average yield and 10,000,000 in excess of any previous ear Corn dull, but steady, being sustained by higher rabies and suite foreign buying Itecelpte, too, were muderate and the offerIngs continued light December here October In Chirago 41 1-5 Liverpool advanced 1-4 to 3-54 The cash demand at the West was better, owing to a decline in ocean freights, Date were featureless. The spot demand continued dull No.

3 mixed In elevator, 1 No. mixed, 24, No. 2 white, No white, 26 The trading in provisions was fairly active and the tone continued good on the smallnesa of stocks of products. Receipts of live hugs were smaller at 24,000, with prices weak. Light, mixed, 5.

rough, 04. 85 b. Cattle were steady: receipts, 4,000. Beeven, 50, Texas steers, OBITUARY. Stanislaus Davidson Steele.

Stanislaus Davidson Steele for many years of the Blythebourne section of the borough, died at his home in Seventy-eighth street, near Eighth avenue, yesterday after an illness extending over period of several months. He leaves a widow and two sons, both grown and in business in Manhattan. Mr. Steele's parents moved to Brooklyn when he wan still an infant, so he came to preard. Brooklyn educated as in him the birthplace publie and schools home.

of the lower part of the old city, and engaged 19 business at an early age. He was red to a Brooklyn young woman. and moved to the southern section of the city when still In him teens. He was a strong Republican, and while he took no active part in the campaigns of his party he was always ready to aid in any way that he could. He was 75 years old, a member of the local Methodist Episcopal Church and for many years was A prominent member of the Board of Trustees of that church.

He will be buried from his late home to-morrow afternoon. The Inter. ment will be in Greenwood Cemetery. William Poyntz Sullivan. William Poyntz Sullivan, the well-known tenor, died at his home, in the Dewey apartment house, corner of Nostrand and Park place, to-day.

Ills death was the result of typhoid fever. Mr. Sullivan has long been prominent in church and concert work In this borough. He WAS formerly the tenor in Plymouth Church and afterward in Summerfleld Methodist Church and the Church of the Incarnation. His last position was with the choir of the of Our Father.

was a member Apollo Church. Club, and first tenor of the Dudley Buck Quartet, afterwards uniting with the Manhattan Quartet, which succeeded the former. He was unmarried. He was of English birth, and on his maternal side had descended from Admiral Poyntz, a famous naval officer. The funeral arrangements have not yet been made.

George Henry Stone. George Henry Stone, 70 years old, died of heart disease last night at 7:15 o'clock at his residence, 1,364 Dean street. He had been under a physician's care for several weeks. Mr. Stone was born in Providence, R.

in March, 1830. He came to Brooklyn, and was at the time of his death a retired builder of this borough. As a young man, for years he conducted a boys' meeting on Monroe street, Manhattan, which afterward became a mission Sunday School. Later he was superintendent of the Sunday School connected with the Cannon Street Baptist Church, and still later he became superintendent of the Sunday School of the Noble Street Baptist Church. He was the organIzer and superintendent of Falth Mission.

He was an Ideal superintendent, genial, sprightly and original. He easily maintained order, and was honored and nved by the children under his care. For about twelve years he served as trustee in the Marcy Avenue Baptist Church, and only gave up that office when his health failed him. After he had left Sunday School work. his interest became centred in philanthropic work for the colored people of Zion's Home, on Kingston avenue, and of the Immediate neighborhood.

He started an evening service at the home. He built the New Home for Colored People rendered much effective service to that institution. Mr. Stone leaves a widow, whose maiden name was Maria M. Gooch, two sons, Arthur G.

and Edwin and one daughter, Eleanor M. The funeral services will be performed by the Rev. Dr. W. C.

P. Rhoades the residence of a the deceased to-morrow night nt o'clock. Interment will take place ThursGay afternoon at 3 o'clock at Mt. Auburn, Boston. ALLEGED EXCISE VIOLATION.

Agents Say Grocer Krumpeter Sold Beer in His Store. An inquest, in a suit on a bond, brought by State Commissioner of Excise Henry H. Lyman against Henry Krumpeter, of 28 Adelphi street, in an application for a No. 2 certificate, was taken yesterday before Justice Dickey in the Supreme Court. By the certificate procured by Mr.

Krumpeter, he was allowed to sell liquors as a grocer, but not for consumption on the premises. As alleged, his bond was forfeited on account of sales made to Excise Agents Stephen Pollard and Frank Place, who testifled that they drank beer served to them in the rear of the grocery Judgment was given on the bond for $800 as there was no defense put in on the trial. The defendant has put in a general dental to the charges. Wants to See Tax Books. The Weldman Brewing Company and other corporations represented by Burr, Coombs and Wilson, applied to Justice Marean in the Supreme Court this morning for a peremptory writ of mandamus commanding Comptroller Bird S.

Coler and James E. Bouck, Deputy Receiver of Taxes, for this Borough, to permit the several corporations to examine the records of the past six years of taxes imposed on property owned by them and to make copies for their own use. The papers were handed up. DEFUNCT BANK IS TO WIND UP ITS AFFAIRS Long Receivership of the Commercial, Which Failed In '93, May Soon be Ended. TWO BUITE SETTLED TO-DAY.

SEVEN FORMER DIRECTORS AGREE TO PAY $5,000, Actions Were Brought Against Directore Upon the Allegation That Dividends Were Illegally PaidLong Litigation Ended. The long receivership of the Commercial Bank which failed in 1803, 1s likely to brought to in short time. a morning two actions brought by William Dykinan, the receiver, agatnat seven of bank's Hoard of Directora to recover with Interest, from 1850, were settled Part 111, of the Bupreme Court, by the ceptance by the receiver of an offer to settle for $5,500 in each case. The suite brought to recover dividends alleged to been paid out Illegally and when the rectora knew that the was Vent. The dividend was declared in cember, 1502, and was for four per cent.

the capital stock. The receiver alleged the money was then taken from surplus prof Its, but that it was a part of the capital stock. There were originally three sulta. One of the cases went to the Court of peals and the decision was in favor of Directors. The second case went to trial and complaint Was dismissed.

The Judginent wan reversed by the Appellate Division, new trial ordered. When the case Wan a reached in Justice Wilmot M. Smith's Court to-day, both of the remaining sulta were metted, Lawyer Albert IC. Lamb, attorney for Beth 1. Keeney, one of the Directors, and reported that the following appearances, of counsel for the Directors be noted by the Court: Mr.

Lamb, for Beth Keeney, Robert H. Roy for Elbert Snediker, George F. Elliott and Henry M. Dater for David W. Binna, In action No.

2. The same co counsel appeared in action No. 3, and Robert land in that sult, was represented by WIllInm J. Courtney, Mr. Lamb maid that Mr.

Keeney, Mr. Snediker and Mr. Binna offered to allow Judgment to be taken against them in the second action for the mum of $2,600, and in action No. 3, Mr. Keeney, Mr.

Snediker and Mr. Rowland offer to allow Judgment to be taken against them also for $2,600. James C. Bergen, counsel for Receiver Dykman, said that he was acting for the recelver and that whatever he might accept was subject to the approval of the court. He added: propose to accept Judgment in these cases and I ask judgment to be entered accordingly.

want it to KO on the record the time when the three actions had been begun brought end trial before any offer one of them had to an in settlement was made to the receiver for $7,000 In the three suits. That offer was larger than tuls offer and the receiver WAS willing to accept the offer. Notice was given of a motion to be made at Special Term for permission to accept. This notice was served on every person who had an interest in the affairs of the Commercial Bank. Among others, notice was served on a self-styled Creditors' Association, represented by one, Mr.

Haviland, who had been a depositor in the bank. He opposed the motion with the result that the court refused to allow of the acceptance of the terms of settlement. All this, notwithstanding that expressed opinion that it would be for the best Interests of the Institution and of all concerned. It would have saved all the litigation for four years and would have saved $3,000 in expense and would have put $2,000 cash in the hands of the receiver. In accepting this offer, I so on my own responsibility, as the offer has not been submitted to the redo, celver.

He does not know anything about 1t." "You have been in the litigation for several years?" Justice Smith asked. "The suits were brought at my instigation. In the courts legal questions have been s.iced out and the Court of Appeals, as I 1 think, shunned points submitted and decided on other cases." Justice Smith directed judgment to be entered for the sums named, without costs. MORRIS PARK ENTRIES. Selling Races Predominate Four Events for Platers To-morrow, and One of Them is a Stake for Three Year Old Fillies.

There are four selling races on the programme at Morris Park to-morrow. One of them is a stake, the McGrathiana, for threeyear-old Allies, non-winners of $1,000 In 1900 at the time of closing. Entries follow: First Race-Selling steeplechase for threeyear-olds and upward. Non-winners of two or more races in 1900. By subscription of $10 each to the winner, with $600 addeu, of which $100 to the second, and $50 to the third.

About two miles. Tamor 142j Gov. Budd 153 waissa Capt. Piersall 163 Baby Bill Matt Simpson 136 Second Race-Highweight handicap for all ages. By subscription of $10 each, only it declared to the winner, with $600 added, of which $100 to the second, $50 to the third.

Last six furlongs of the Withers' mile. Lady Schorr Blarneystone 128 Neapath 8t. Finnan 129 Seniry Midsummer 115 Lady Uncas Sparrow Wing 124 Garry Herrmann. Godfrey 140 Third Race--The McGrathiana Stakes. Selling, for Allies three years old, non-winners of $1,000 in 1900 at time of closing.

By subscription of $10 each, $30 additional for starters, to the winner, with $1,000 added, of which $200 to the second and $100 to the third. Last seven furlongs of the Withers' mile. Miss Hanover Oread 104 Smoke Her Ladyship 106 Fourth Race-Selling, for two-year-olds, non-winners of $1,200. By subscription, of $10 each to the winner, with $600 added, of which $100 to the second, $50 to the third. Last seven furlongs of the Withers' mile.

About The Golden Prince 103 Seminole Balloon 87 Cherished Rolling Boer 110 Margaret Hoffman 102 Ginki 95 Inshot Vhilma Patton 102 Frank Hall 90 Sentry 105 Plederich Btilionaire 105 Scurry Lambkin 107 105 102 Queen Carnival 102 Fifth Race for three-year-olds. By subscription of $5 each, and $5 additional for starters, to the winner, with $700 added, of which $125 to the second and $75 to the third. The Withers' mile. Iroquois Belle Carbuncle 113 Hammock Radford 115 Redpath 126 Kamera 121 Sixth Race- Selling, for three-year-olds and upward. Non-winners of $750 in 1899 or 1900.

By subscription of $10 each to winner, with $600 added, of which $100 to the second, $50 to the third. Mile and a sixteenth over the hill. Tom Galney Alsike 109 Lucky 106 Tenison 105 Leek Radford 104 Olea To-day's Racing Results. The first race at Morris Park to-day, for maidens, 3 years old and over, furlongs, was won by Armor, 8 to 1 and 3 to Baden second place even and Draughtsman third. Time, 1:24 1-4.

The second race over the Withers mile won by Sparrow Wing, 16 to 5 even. Watercure was second, place 7 to 10 and The Chamberlain third. Time, 1:45. INJUNCTION IS DENIED ON BRIDGE CONTRACTS Defeat In Court for Julius Myers, Who Would Stay Work on Approaches. SPECIFICATIONS ARE FAIR.

JUSTICE GILDERALEEVES IM. PORTANT DECISION, No Illegal Requirements Exacted of Bidders for Work on New East River Structure Contracts May Now be Made. Justice Glidereleeve, sitting in the Court, Manhattan, this morning, down a dealsion. denying the motion Julius Ayere for an Injunction the new Bast Itiver Brage Commission from awarding the contract for the construe. ton of the approaches to the BOW Mr Myers, through hie L.

Kellogg, brought the action in queetlon the ground of fraud in the specincatione lating to the quality of the steel to be and also because of provision in to the labor law Justice Glidersleeve denying the motion told that he was Ing tO pass upon the labor law phase volved in the motion, an the has several times been before the Appellate Division and no decision has been made. maid apart from this that the plaintiff failed to present sufficknt reason for granting of the motion. The Bids for Work of the construction of the approaches were opened Auguet There were bidders, and the pi prices were favorable very to the city. Mr Myera in supposed to brought him motion on behalf of These dera, but thim has been dented. The bidders and total bide were as low Kingebridge Company, 12.

Hall Company. Pennsylvanta Steel Company, American Company, $2,500,000, New Jersey Steel on Company. Hydrautte tion Company, Michael J. Dady, $2.797,000. It will be seen that Ilall (o, are lowest bidders, but whether the contract will be awurded to them or not in a question.

Bids were frat opened May 31 last, New Jersey Steel and Iron Company, Kingabridge Company were the only dera. The latter bid lower by nearly but the Commission refused to contract to them on the ground WAR "for the bent Interest of the elty Both bids were then thrown out proposals readvertised. It will thus be seen that the award contracts has been delayed four months. The Commission has held few meetings that time, but will meet Thursday, now Myers' Injunction proceedings are and probably award the contract. In his decision Justice Gildermleeve views the claims Net up by the plaintiff touching among other things certain quallwhich the steel work advertised for approaches must possess, and which as alleged made competition unfair.

Thin dented by the bridge engineers, who were planned in Interest of safeguarding the public and curing contracts only with firms capable doing good work: Justice Gildersleeve says: "As to the effect of limiting competition a small class of bidders, in causing an crease of the cost of the work, which charged against the defendants, there la reason to apprehend any such reaults, for amply shown by the affidavits, read part of the defendants, that, 8O far respects the requirements of 'Anished are twenty concerns which now easily can, produce that kind of steel. Whether the commissioners have acted wiseor not, in selecting and insisting use of a certain kind of steel, In construction of the bridge, it in not for to sit in Judgment upon the exercise them of that discretion, which is vested them by the Legislature. For aught that appears before me, I must assume that they acted honestly and wisely. all events, they cannot be said to unreasonable or unfair as to constitute abuse of the discretion, which the Legishas entrusted to the Commissioners. far as the policy of the Commissioners tend to limit competition, it must remembered that the of the law, requiring municipal corporations to Invite competition for public works, is based on economic considerations; it was never Intended that municipal commissions should irresponsibly over the competition unqualifled bidders, merely for the purof furthering the Interests of business.

first consideration of this magnitude is safety and permanence, and conditions and qualifications affecting and contract must tend to secure "The labor law, so called, has been before Appellate Division on several occasions, Its constitutionality might properly been drawn in question, but no the validity of the law seems to have expressed, and I do not feel disposed to from the rule, of judicial propriety at that la single Judge, sitting at Special should not, except in a palpable case, to pronounce an act of the Legislaa violation of the Constitution. But the plaintiff, as I view his position, has not established a sufficient status to maintain this nor, aside from this question, shown meritorious grounds for an injunction. "Motion is denied, with $10 costs. Order to be settled on notice." Decision to be Appealed From. At the office of L.

Lafin Kellogg, 120 Broadway, Manhattan, this afternoon, the thro Brooklyn decision Times of Justice reporter was Gildersleeve Informed dissolv- that ing the injunction against the new East River Bridge Commissioners would be appealed from. The appeal will not act as a stay of proceedings in the award of the contract for the approaches, but if East River Bridge Commission makes the a award it will do so upon its own responsibility, At the office of the East River Bridge Commission, this afternoon, only one of the Commissioners, Boyle, was present. Mr. Boyle was gratified at the decision, but would express no opinion until he had received an official copy of it. He did say, however, that the reason for bringing the Injunction proceedings might be possibly laid at the door of corporations a traffic business across the East River.

It was further said this afternon that Vice President Mitchell, of the Hydraulic Construction Company, one of the bidders for the approaches, was back of Mr. Meyers in his injunction proceedings. JUROR WENT ASTRAY. Malamont Was After a Drink, and Got a Lecture When He Returned. A jury in the Supreme Court before Justice Dickey awarded a verdict of $500 to George Harris in his suit against Gustave Livoti and Morenzo Ceninleila, owners of real estate at Fifth avenue and Fifty-seventh street, today.

The plaintiff sued for $15,000. He alleged that on July 27, 8199, while on Fifth avenue he fell Into an areaway and hurt his right arm. The verdict was reached after considerable -trouble, which was caused by Juror J. A. Malamont.

It appears that after the jury had retired from the court room to deliberate on the case, Malamont, Instead of follow- FINANCEAR. FINANCIAL PROPOSALS FOR $4,500,000.00 Corporate Stock OF THE CITY OF NEW YORK. Exempt from all Taxation in the State of New York, except for State Purposes. Principal and Interest Payable in Gold. RESCUTORS, ADMINISTRATORA, GUARDIANS, AND OTHERS HOLDING TRUST FONDA AUTHORIZED OF ASTIOLE OF CHAPTER 47 OF THE LA TO INVERT IN 1818 SEALED PROPOSALS, WILL, BE SEORIVED BY YORE at sis Na.

260 Breadwa to the be This the 14.130 In were me- on that Apthe the and It to T. is the or ly, the by in have At so an lature So may sound of pose The all bidder these. the when have been depart least, Term, ture action, Supreme handed bridge Lasein on In unwitt. in- re: used, relation lie tias The the several have bid. fol.

John Bridge and the the and bid- award that not and of in that over. held the soof in- no It on as do, the the be be Monday, the 15th a for the or a part of the New Fork, bearing tatersat at the rate of THRES 81,000,000 00 CORPORATE STOCK OF THE CITY OF NEW FORK FOR BOHOOL. HOUSER AND BITES THEREFOR IN THE BOROUGHS OF MANHAT TAN AND PRINCIPAL PAYABLE NOVEMBER 8000,000 00 CORPORATE STOCK OF THE CITY OF NEW YORK FOR SCHOOL. HOUSES AND NITES THEREFOR IN THE BORDUOR OF BROOKLYN. PRINCIPAL PAYABLE NOVEMBER 1.

1040. Deposit TWO PER CENT. State the THE COMPTROLLER OF THE CITY OF NEW Cay of New Fork, sotll Day of October, 1900. following deareibed ad the 1 AND ONE HALF PER CENT. per to wit.

a $180,000 00 CORPORATE OP NEW ORE FOR THE BOOKS PAYABLE NOVEMBER 1646. 6860,000 00 REOCE OP CITY YORKE FOR AND PURPORKA OP DEPARTMENT OF DOCKS 1, have PAYABLE NOVEMBER Der 01,000,000 00 CORPORATE NOCK OF CITY NEW OP AQUEDUCT NEW YORK FOR THE PRINCIPAL PAYABLE 1, 1030 OCTOBER Bed check on a National Ver Teller Informatics CITY RECORD. Copire to he procured at No. 3 City Hall BIRD S. COLER.

Comptroller, THE CITY OF NEW DEPARTMENT PINANCE OFFICE, SEPTEMBEU 1600. ENNIS STOPPANI, 34 NAW STREET, NEW YORK, New Bork Produce stock Kachande Kot. 183 22-26 Court St. Tel, 1349 Main.) BROOKLYN, E.N, M'Er. LIST OP DEMINABLE STOCK and BOND MEN Bolleit ordere purchase sale, cash or STOCKS market WHEAT.

of COTTON. A daily letter, giving outline quotations free: also, monthly table with prices bops. DIVIDEND NOTICES. German Savings Bank, HENRY ED ROFHR. Vice Presidents.

DIME SAVINGS BANK OF WILLIAMSBURGH, Broadway and THE SIXTY- NINTH DIVIDEND Will be credited payable on and after Oct 15, on all deposits entitled thereto, al the rate of FOUR PER CENT. per annum on sums Ml 8500 and under, and at the rate of three per cell. on the excess Over 8300. Money deposited Now and until OCTOBER 10 will draw Interest FROM OCT. lank open dally from 10 A.

M. to 2 M. urdaya from 10 to 12), Monday evenings from 5 to o'eloel GEORGE BINHOP. CHARLER President. JOHN SCHUMANS.

Luther and Lao INTEREST COMMESCES THE FIRST DAY OP EVERY MONTH. Eight months' Interest on deposits made on or before Nov. 1, 1000. Bank open daily from 10 A. M.

to 3 P. on Mondays from 5 to 7 P. Saturdays from 10 to 12 M. JOHN MOLLENHAUER. President HENRY GECKLER.

Secretary, Ing Into the jury room, went to a water cooler to get a drink. That was the last seen of him until he turned up in court this mornIng. When It was discovered that there were only eleven jurors, the fact was made known and arrangements were made by which the eleven given power to return a verdiot. Malamont appeared where he asked the Court Clerk when the verdict was to be announced. He was told that the Jurors had already decided.

Malamont thought he was to appear to-day and tell the Court his Impressions. Justice Dickey was Informed of the situation and he lectured the Juror for his stupidity and made some sarcastic remarks about going to the Ice cooler too often. Malamont pleaded that it was his first experlence A9 a juryman and he was digmissed with a reprimand. MARY'S AFTERNOON OUT. She Was in Jail Yesterday and She's Back Again To-day.

Mary White got out of jail yesterday. She is well known in East New York. She had been spending the past six months on city board, resting and recuperating through the summer. This morning she was arraigned again before Magistrate Worth In the Gates Avenue Court. Mary felt so good over her release that she visited all her friends, and drank not wisely but too well.

At 7 o'clock last night Mary was in a high state of exhilaration, and was singing snatches of old songs in a wheezy, alcoholic volce that disturbed the neighbors for blocks around on Atlantic and Vesta avenues. She was in the midst of "I Won't Go Home Till Morning' when she was observed to pitch violently forward on her head, and land in the gutter, where she was picked up by a policeman, and taken to the Brownsville Station House. "I have just got out of jail, your Honor," whimpered Mary this morning. "Just because I drank a glass of beer the officer wouldn't give me a chance." Mary went to jail for twenty-nine days more. ROOSEVELT'S VOICE LASTS.

Has Made Many Speeches and Gone Many Miles-Hurt by Ribaldry. (Special to the Brooklyn Times.) ALBANY, Oct. William J. Youngs got back to-day from Chicago, where he spent Sunday with Gov. Roosevelt.

He says the Governor still feels much cut up over the outrageous conduct of the gang of newsboys who greeted him with such disgraceful language as he was leaving church on Sunday. Col. Youngs has some interesting statistics relating the Governor's Western campaign trip. seems that from Septemto, ber 6 until midnight last Saturday, the distance traveled was 12,872 miles. The number of speeches delivered 290, and of persons addressed about Each speech averaged about 2,000 words, making a total of 580,000 words.

The special train averaged 60.03 miles an hour. The Governor managed to get a night's rest in bed just three times during the month. Despite the wear and tear of the trip he is reported to be in good physical condition, and his voice is bearing the strain as well as could be expected. DIDN'T FOLLOW DIRECTIONS. Stiess' Eye Was Injured, but Medicine Company Was Not Responsible.

In the suit of William Stiess against the Munyon Homeopathic Home Remedy Company to recover $10,000 for injurles, a jury to-day brought in a verdict in favor of the defendant company. The plaintiff alleged that he purchased an inhaler and that the chemicals used in it exploded and injured him so severely that he is likely to lose the sight of his right eye. The company's defense was that if the plaintiff had followed the directions which were sent with the inhaler the accident would not have occurred. Eagle Savings and 5 Loan Company 120 HE MAEN AT sar Cliy Itali Square, Assets, $1,500,000 Surplus, 170,000 PAYA 5 PEE CENT. JULY AND JANUARY.

ON HAVING ACCOUNTE, PAYS PER PEST PER ANNUM. MENI-ANNUALLY. ON MONTHLY ACCUMULATIVE ACCOUNTS FROM TO PRIL CENT PRIL ANNUM. ACCORDING TO NUMBER OF MONTHS' DEPOSITS REOULAR1.1 MADE. LEGINNING AT ANY TIME.

LOANS ON IMPROVED LOCAL RICAL ESTATE REPAYABLE IN 144 MONTHLY PAYMENTS EDWARD K. BRITTON, Presideut, JOHN A. SCHWARZ, Vice GEORGE W. WAKEMAN, Premident Secretary JAMES T. ASHLEY, Treasurer.

TRUSTEEN: Edward Grout, James 11. Ferguson, Richard 11. Lalmbeer, Jr. Edward M. Child, Amasa Cropser, W'm.

K. Cleverly, James T. Ashley, Edward K. Britton, Elwin 8. Piper, George W.

Wakeman, John A Schwartz, John T. Rafferty, George J. Jardin, Frederick H. Schroeder Henry B. Davenport.

GENERAL COUNSEL. EDWARD M. GROUT, Esq. The Long Island Loan and Trust Company 203 MONTAGUE STREET. CAPITAL, $500,000, Deposits received PROFITS, subject OVER $300,000.

UNDIVIDED Checks payable through the to New check York at sight. Ing House. Clear-, Interest allowed on dally balances, on time deposits. special rates' Fiduciary Powers: deposit Issued, bearing Interest. Certificates of to act as Executor, Trustee, Authorized by Administrator, charter tan, Committee of Estates, and also as Registrar Guardand Trustee for corporate bonds Transfer Agent as under Railroad and stocks.

Letters of Credit furnished or other Mortgages. EDWARD MERRITT, and President. guaranteed. DAVID FREDERICK F. T.

LEGGETT. Vice President. WILLARD P. SCHENCK. Assistant ALDRIDGE, Secretary.

TRUSTEES: Secretary. Watson R. Dickerman, William M. Ingraham, Seth L. Husted, Jr.

Seymour L. Theodore F. Jackson, Frank Keeney, Edward D. White, George Edward bhott, Ba Edward Merritt, John F. Ide, Frank Lyman, William Halsted, David G.

Leggett, Clinton D. Burdick, C. Redfeld, David F. Valentine. 198 MONTAGUE ST.

Capital and 81,000,000. Surplus TRUST CO. Authorized to met as EXECUTOR, ADMINISTRATOR, GUARDIAN, A LEGAL DEPOSITORY for MONEY. Travelers' LETTERS OF CREDIT Issued. ACTS AS TRUSTEE for Railroad and other Mortgages and accepts Transfer Agency and REGISTRAR of Stocks of Corporationa.

at sight, Interest allowed on New deposits Subject to Check, payable through York Clearing House. OFFICERS: WILLIAM J. COOMBS. President. WILLIAM J.

H. NICHOLS, MATHESON. Vice President. 2d Vice President. FRANK L.

SNIFFEN, Secretary, WILLIAM C. BOARD NESMITH, Assistant Secretary. OF DIRECTORS: William J. Nichola. H.

B. Halght, William Matheson, K. T. Bedford, William J. Coombs, F.

Dwight Church. Sanford H. Steele, Frederick W. Wurster, John H. Hanan, Henry Batterman, John H.

Schumann, J. Adolph Mollenbauer, James H. Oliphant, John C. Orr, Edward Hinman, Royal C. Peabody, Silas Tuttle, John H.

Ireland, William A. Nash, Charles 0. Gates, Daniel P. Morse, Frank Bailey. H.

V. V. Braman, James L. Morgan, Jr NASSAU TRUST COMPANY. 101 Broadway.

Capital and Undivided $870,000 INTEREST ALLOWED ON DAILY BALANCES, AND SPECIAL RATES ON TIME DEPOSITS. A designated depository for Bankrupts' Estates, Court and Trust Funds, General Banking facilities afforded; courteous and careful attention given to all matters pertaining to the business of the Company and its patrons. Acts as Executor, Guardian Trustee, Committee, etc. Letters of Credit issued TRUSTEES: William Dick, Edward T. Hulst, A.

D. Baird, John Loughran, Charles H. Russell, Henry Selbert, E. D. Tuttle, 0.

F. Richardson, William F. Garrison, Jost Miller, John Truslow, Herbert F. Gunnison, Wm. E.

Horwill, Andrew T. Sullivan, F. W. Wurster, William Lamb, D. Mollenhauer, Robert P.

Lethbridge, Ditmas Jewell. James A. ANDREW T. SULLIVAN, President. WILLIAM DICK, I Vice Presidents.

JOHN TRUSLOW, H. F. BURNS, Secretary. FRANCIS WEEKS. Assistant Secretary, WILLIAMSBURGH TRUST CO.

I BROADWAY AND KENT AVE. OFFICES 1361 FULTON ST. Capital, Surplus and Undivided Profits, $1,126,500 SAFE DEPOSIT VAULTS. JENKINS, PRESIDENT. MOSES HERMAN a ARMOUR VICE SAY' U.

PRESIDENTS. W. ADDISON FIELD. Secretary. HAMBURGER, Assistant Secretary.

T. B. McFARLAND, Secretary..

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About Times Union Archive

Pages Available:
689,237
Years Available:
1856-1937