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New-York Tribune du lieu suivant : New York, New York • Page 5

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New-York Tribunei
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New York, New York
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5
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COAL AND IRON MERGER. Interest in Alabama Consolidation Plans Quickened. TELEORArH TO THE Birmingham. March The return of T. G.

Bush, president of the Alabama Consolidated Coal anfi Iron Company, to Birmingham this evening quickened public interest in the progress which is being made in the proposed merger of the leading coal and iron interests of Alabama. Mr. Bush points out that in the last four or five weeks of negotiation the entire business world has been awakened to the vast possibilities of this region, and thousands of persons who two months ago knew little about the iron and steel possibilities of Alabama now realize that this is indeed to be the dominant iron and steel centre of the world. The statement recently widely published that the companies interested in the proposed combination have more Iron ore and several times as much coal as the United States Steel Corporation gave to a great mass of American people a conception which, they had never before had of the unbounded mineral wealth and possibilities of Alabama. The interest aroused is illustrated in the fact that "The Philadelphia Press" and "The Chicago Record-Herald" have sent William B.

Curtis to Birmingham to write a series of on this district, following the comprehensive dispatches along that line which "The Manufacturers' Record." of Baltimore, recently published. Two or three of the leading monthly magazines and a number of the most prominent daily papers in the country are also having prepared comprehensive stories of Alabama and Its industrial development. The beginning of this active movement, which promises such a revolution in the metallurgical interests of the world, was made when the International Power Company, of New- York, bought a controlling interest in the Alabama Consolidated Coal and Iron Company, and in taking this step inaugurated a new era In the Industrial development of the South. In ownership of a control of the Alabama Consolidated, the International Power Company has an absolute control of one of the most important coal and iron properties of the South, already having an iron output exceeding that of the largest yield which the Southern end of the Republic Steel and Iron Company has ever had. and which is now building, out of surplus, funds in its treasury, as rapidly as possible, by night and day work, a new furnace, to cost nearly $500,000.

which will still further enlarge its production of iron and bring about a consequent Increase in Its coal and coke business. As illustrating the possibilities of the district, the Alabama Consolidated la now earning at the rate of more than 20 per cent on its common stock, which is considerably more- than 40 per cent on the price paid by the International Power Company for its control of the Alabama common stock, Joseph H. Hoadley, the president of the International Power Company, acting on the advice of Mr Bush. Richard H. Edmonds.

Editor of "The Manufacturers' Record." and Thomas P. Grasty, all of whom have been so long and Intimately Identified with Southern development, having been enough to secure this company before the general public had realized the coming supremacy of the Iron interests of the South. In this connection, Atwood, Violett bankers and brokers, of New- York, in their circular letter, issued yesterday, referring not only to the purchase of Alabama Consolidated, but to the operations of Mr. Hoadley in other iron and companies, said: Joseph H. Hoadley.

who. it Is said by his close friends, has cleaned up 55.000.000 out of his transactions in The stocks of th- Southern coal and iron companies, will appropriate $1,000,000 to the equipment of the Manhattan Transit Company with motor omnibuses, like those now in use for passenger transportation on the streets of London, but with the motive power produced within the vehicle by the new Hoadley-Knicht internal combustion engine operating a small dynamo. This Hoadley-Knight internal combustion engine, the Joint Invention of Mr. Hoadley and "Walter H. Knight, premises to revolutionize transportation on land and water.

In discussing this In connection with Mr. Hoadley's mechanical abilities. George B. Randolph, first vice-president of the Baltimore and Ohio Railroad, is said to have remarked in the Waldorf a few days ago that he regarded Mr. Hoadley "as the most brilliant mechanical genius in America," and the success of the mechanical industries with which he has been Identified, and especially the improvement of the Diesel engine and the invention of the Hoadley-Knight engine, is pointed to by his friends as demonstrating the correctness of Mr.

Randolph's statement. The International Power Company has the exclusive building contract for Diesel engines In the United States and Canada. This engine is coming Into rapid use throughout the country, and the reeuHs of Its operation apparently confirm the statement made by Mr. Cramp, vice-president of the Cramp Shipbuilding Company, a year or so ago. who, when writing about a Diesel engine which was operating a portion of the Cramps shipyard.

said: "It is showing an economy of 5 per cent over the highest type ofsteajn engine," and predicted that it would revolutionize transportation on land and possibly by water. Following the development of the Diesel engine business has come the Hoadley- Knight internal combustion engine, with broad patents throughout the world cwned by the International Power Company. It is under this system that a new locomotive now being built for the Southern Pacific Railroad, ebout which there has been such widespread interest. This locomotive, which is said to be in nowise an experiment, since It Is simply a combination of the internal combustion engine, already, a success, and- of an electric motor, uses bo email a quantity of oil as fuel that, so far es the fuel is concerned, it can carry in a small tank under the locomotive a sufficient supply to run from New-York to San Francisco without Ftcppir.g. It is, in fact, a waterless, flreleEs, smokeless locomotive, and railroad people who have investigated it believe that It marks the greatest advance in railroad transportation which has ever Ma brought about since the first railroad was constructed.

Carrying no water, the locomotive is tree from the heavy expense of a water supply, so burdensome in cost In many ways to the present iocomctives. It has. In fact, been estimated that the saving under a. general use of this locomotive would soon add almost inconceivably to the profit of every railroad using it. Plans are under way locking to the securing by the American Locomotive Company, of which the International Power Company is by far the largest stockholder, of the privilege of doing the actual work of construction in the building of these locomotives as soon as the one now being built for the Southern Pacific Railroad is in actual operation.

The invention of this Hoadley-Knight Internal combustion engine, which can be made practically to double the power of all Internal combustion engines, becomes of Importance in the automotile ad autobus Interests that Mr. Hoadley. who controls the Manhattan Transit Company, with Its unusual and practically exclusive charter for running autobuses in the streets of New-York, Is quoted by Atwood Violett Co. as preparing to spend Jl .000.000 immediately in the building of autobuses to be operated In New- York under the Manhattan Transit Company charter. Mr.

Bush reports that he has returned to Birmingham for a few days In order to award the contracts for the building of the new furnace to be constructed by his company at Gadsden. and to round up other matters which have awaited his return; that, with these out of the way. he will shortly be back New- York. and expects in the r.f-ar future to see very great progress made in the carrying out of the proposed iron merger, but that in the mean time the Consolidated is enlarging its own output 01 coal, coke and iron as rc-pldlv as possible, and it is likely that In the near future the International Power Company will be forced by the rapid development of its varied interests, controlling as It does bo many large engine and ordnance in New-England, to establish a great plant In the Alabama district for the building of its Corliss and Greene- heelock engines as well as for the Diesel engine and the Hoadleylir.ight engine and locomotive. NEW NAME FOR VERMILYE CO.

Vermilye Co. announce that the name of the firm which after March 81. when the present partnership will expire by limitation, will occupy the offices at No. 26 will be Mackay Co. It is understood that the firm to be formed by "William A.

Read, of Vermilye will be known William A. Read Co. MAX PAM SAILS FOR ITALY. Max Pam. who Bailed for Italy yesterday on the Irene, is taking his first vacation In seven years.

He will be abroad about three months, and expects to epend most of his time in making an automobile tour on the- Continent. for Sore Uhroat, qi-Ve prompt relief. Sold only in boxes. GOSLIX A COMPLAIXAXT. Has lAttDyer Arrested Suing to Recover Union Pacific Bonds.

Henry J. Robert, a lawyer, of Xo. 132 was nrrosted vrsterday by Deputy Sheriff Terry on Issued by Justice Dowllng in an action brought atalnst him by Alfred H. Goslln to recover five Union Pacific 4 per cent convertible coupon bonds which ho alleges he delivered to Robert on July 6. 1903.

for safe keeping, and which he avers Robert converted to his own use. Robert grave ball. The bonds. Goslin declares, are now valued at each, which, with the $400 alleged to have been collected by Robert on the coupons, makes his indebtedness $7,300. A.

R. Goslln's chief claim to notoriety has been his connection with the 620 per cent Franklin Syndicate, of which he and Colonel Robert A. Ammon were the brains. Goslin and Ammon were also associated in the New-York Electrio Brake and Coupler Company swindle, Beveral years ago. and various similar enterprises.

Goslin was one of the eleven men indicted by a federal grand jury after the failure of the E. S. Dean Company in 1897, but the Indictment against him was dismissed in October, 1898, after he had put the federal authorities in the way of getting such evidence as they needed for the conviction of Kellogg and other co-dsfendants named in the $1,000,000 bankruptcy case against the American Finance and Mortgage Company, the offices of which concern, at No. 112 were raided In July 1903, by the police. Goslin departed for Europe just before the raid.

In July, 1900, Goslin was convicted of circulating false rumors about the Brooklyn Rapid Transit Company, and was sentenced to six months in the penitentiary and to pay a fine of $500. Henry J. Robert, who has now been attacked by Goslin. is a lawyer who occupied recently offices in the same suite with Uppmann Ruck, who were Goslln's attorneys in the American Finance and Mortgage Company case. Robert was vicepresident and a member of the finance committee of the Lteht.

Fuel and Power Company of West Virginia, fn the stock of which a successful corner was worked last May in the curb market. At the time Robert denied that Goslin had any interest whatever in the company, and declared that as far as he knew the report was baseless that Goslin had engineered the corner, in which bucket shops Consolidated Exchange houses and a few Stock Exchange firms were considerable losers. In June, 1904. Robert was a witness in the American Finance and Mortgage proceedings, but refused to answer many of the questions put to him by counsel for the creditors, on the ground that they concerned his own private business. I BETTER WAGES IX STEEL.

Trust Said To Be Planning to Restore Old Scale. Pittsburg. March Officials of the United States Steel Corporation are reported to have completed all plans preparatory to making the announcement of a sweeping wage increase, to go into effect on Saturday, April 1. It is said that the heads of all subsidiary companies of the corporation a few weeks ago were requested to furnish estimates of t'ne total amounts necessary to accomplish the desired increase and bring the standard of wages paid steel workers and other employes to near tho level In force prior to the deep cut made a year ago. These estimates were placed in the hands of the executive officials of the corporation the early portion of this week and were approved.

The amount of the increase is not known at present, but it Is stated that, with the exception of the tonnage men in the steel mills, all employes will receive the full amount of the former reduction. The total increase for the year will, it is said, approximate $9,000,000. The advance will affect thirty thousand workmen in this district. P. R.

R. PUSHING BRIDGE WORK. To Go Ahead with Part of New-York Connecting Railroad System. The Pennsylvania Railroad sent a force of engineers and laborers to Astoria yesterday to make soundings and borings for the foundations of the bridge that Is soon to be built across Ward's and Randall's Islands and Hell Gate. This Is part of the system of the New- York Connecting Railroad, and the action of the company Indicates that the officials have little doubt about getting the necessary franchise, whether the aldermen oppose them or not.

STARTED TO JUMP FROM BRIDGE. Eastport Man Was Undressing When Caught Had Been on a Spree. Seized with a sudden Idea that it would be a good thing to jump from the Brooklyn Bridge, a man who said he was John Collins, of Eastport, Long Island, and had been on a two weeks' spree, started to carry out his idea yesterday afternoon. After having torn off his coat, waistcoat and collar and necktie he was grabbed by two policemen. Collins rode on to the bride on a truck, and when he was a short distance from the Brooklyn tower he said: "Well, I guess I might as well Jump now as any other time," and jumped to the roadway, ran to the railing and began to pun off his clothes.

REDUCTION IN RETAIL COAL PRICES. Dealers Will Sell for Two Months at 65 Cents a Ton Less. In order to give the users of anthracite coal an opportunity to lay in a supply (or next winter, and at the same time take advantage of the 60 cents reduction in the wholesale price made by tho coal operators, to take effect April 1, the retail coal merchants of Manhattan and The Bronx have decided to make a reduction in the retail price of 60 cents a ton. beginning April 1. This will make the retail price $5 85 a ton instead of $6 50, as at present, while the wholesale price will be $4 50 Instead, of $5.

The price of $5 SB will remain in force April and May. From Juno 1, as in the case of the operators, there will be an increase of 10 cents a ton a month, until September 1. when the price will be 25, while, at the same the wholesale price will tie $5. This is the same price as charged by the retailers last winter until the heavy snowstorms. DEMOCRATS BUSY ON DINNERS.

Bryan and Parker Use 'Phone Between Chicago and New- York. Between the Jefferson Day dinner in Chicago and a similar dinner here the Democrats are having a great time. First ex-Mayor Van Wyck came along and offered to bet that the New- York dinner would eclipse the Chicago function. As the paper goes to preps the bet is uncovered, although Brian G. Hughes was seen in close consultation with well known counterfeiter and it Is believed he is planning a hoax to cover the bet with bogus money.

The next step announced is a sort of interchangeable speech arrangement. this is to be taken with reservation, as it is not Mfielally confirme are being made to place telephone between the clubp. William J. Bryan is to talk In a telephone in Chicago and have It reproduced at this end through a megaphone. "Why by wire." asked a curious Democrat.

"Just let him talk. He could be heard." On the other hand, Alton B. Parker is to talk in the receiver here and his voice 1b to be reproduced through a megaphone in Chicago. The promoters of the two dinners are promising other and novel features later. "US ARTISTS." CRY BARBERS.

They Object to Eeing Classed with Peddlers and Licensed Persons. The journeymen barbers of New- York, who that a slight has put on them by hill pending In the legislature by which every one working at trade pay $1 every year for a license, called a mass meeting of Journeymen barbers yesterdny. to be held this evening In Teutonia Hall, near to protest agnlnst the bill. The slight, they say, is not so much the paltry payment of a dollar a year as that the bill appears to classify barbers with nailers, who have to tnke. out a yearly license, whtreas barbers are Phyricians and jay a dollar for a license when they begin practising and have nut to out a license every y-ar.

In tiie old dayw. when blood letting was a cure for everything, barbers were also surgeons and could legally be called to let blood, whereas they can do so now only by accident when shaving cubtomers Hence they should be classed with pnyalclans end dentists, they say, in tlie v.ay of the meeting to-day start an agltatlon for an amendment to the Sunday dot-Ing law by which barber shops wll! be closed all day, instead of at 1 v. ni. -YORK DAILY TUIIJrXE. SUNDAY.

MARCH 26. NEW HENRY BOSCH CO.iL: walls of your country house deserve attention this Spring. Our stock of novelties especially designed for the summer cottage has never been more complete. is the time to look it over, while there is the widest range for selection. Night light is hard on many wall papers.

Disappointment often follows a selection made under but one light. At our store there is a special room where you can see the paper of your choice as it will appear under artificial light. Just as we have a style to suit every taste, we have a price to suit every pocketbook. For the Drawing Room. For the Dining Room and Library.

Self-toned and Brocatette silk Forest and fruit Tapestries, Burlap effects. Louis XVI. Rococo, Moires 'with a.nd Fabric effects. Heraldic, Colonial and panel borders, Soirettes. etc.

Modern Art papers. 25c, 50c. to $7.03 per roll. 25c, 35c. to $5.00 per roll.

For the Bedroom. For the Hall. Creionne, Chintz and Dresden effects. Oriental and Verdure Tapestries, selfsilk and floral stripes and papers reproduc- toned papers. Colonial strives.

Imitation ma all the natural flowers. Leathers, plain and Veloutines, etc. 10c. 15c, 25c to $3.00 per roll. IBc, 25c, 40c to $5.00 per roll.

We invite particular attention to Lin-o-wall," the new imported relief decoration, shown in a variety of designs and colors and sold at a moderate price. BROADWAY AT 19th si. Children's Outfitting. For the Complete, Satisfactory and Economical Outfitting of Children, we offer certain inducements which never fail to be appreciated by those who once understand them. Not the Originality that trespasses in the slightest upon Good Taste or Correct Style, but rather that which illustrates and emphasizes both.

Seen in every department If you're thinking of a Prince Albert for Easter, think of Arnheim. We're building an unusual Frock coat and vest lined and faced with silk) for $25. The proper trousers (of English striped worsted) to go with 'em, $6. A wide-wale grey diagonal is the "properest" top coat fabric. We're, making lots of 'em.

Lined throughout with silk and tailored the best we know how, for $25. Let us send you samples and fashion book. ARNH I HOTEL ROBBER OWNS UP. John Calmus Confesses to Four Recent Jobs More Suspected. John Calmup.

-who was arrestrd on suspicion Friday night of being responsible for numerous hotel robberies, 'ias confessed to being the perpetrator of at least four, and the police suspect him of being guilty of several more. To Acting Inspector O'Brien he confessed the following: February 13, Manhattan Square Hotel, diamonds and jewelry, valued at $900, from Airs. Kochberger. Marrh 11. Hotel Flanders, $1,250 In diamonds and jewelry, belonging to A.

T. Tenney. March 112, Hotel St. Andrews, diamonds and jewelry, valued at $1,000, belonging to J. W.

Moore. March 12. Hotel Gallatin, diamonds and jewelry, valued at $500. belonging to Mrs. C.

Wilson. In addition to thepe, Calmus said he had "takpn pome stuff" from the New-Amsterdam Hotel some time ago. At the New- Amsterdam it was learned that a man named Norton, now in the Bahamas, had been robbed of a considerable sum some months ago, but the exact amount had been forgotten. Two suit cases belonging to Calmus were fcund by Central Office men in the Gilsey House. In them was an elaborate kit of burglar's tools.

Mrs. Kochberger. who lost jewelry valued at in the Manhattan Square Hotel robbery, visited the court, accompanied by several hotel detectives, who hoped to identify Calmus as the man who had robbed guests of their respective hotels. Calmus is a stenographer, about jrean old. He gave his address as N'n.

1,226 Spring Philadelphia. Li also known as J. T. Standing and Howard Berry, hut which of his names is the right one, if any, the police do not know. SAYS HE DID NOT KICK DOG.

Patrick Twomey. track walker, arrested on Friday night charged with kicking a dog from the elevated tracks to the htreet. was honorably discharged in the Harlem court yesterday by Mng- Ictrate Mayo. Twomey so'rl that had tried to save the aninml from being run down, but thit it had fallen. STANDARD REDUCES CRUDE OIL PRICES.

Pittsburg, March 25. -The Standard Oil Company to-day made a reduction of three cents In the higher grades of crude oil and two cents In the lower grades. The quotations follow: Pennsylvania, 1W; Tlonn. 151; Corning. 103; New- Cabell.

in. North Lima, 91 South Indiana. a Rasland. 63. UP UTIAN One of these inducements is Originality.

Hats, Boys' Clothing, Shoes, Girls' Millinery and Suits. 60-62 West 23d Street. Broadway 9tK. La Grecque Tailored Underwear Combination garments exquisitely manufactured, fit and hang like a well tailored gown without disfiguring fullness at waist line or hips. Thinnest of dress may be worn over them with un wrinkled, glove-like fit; chic, fluffy fullness at the knees giving ample freedom in walking.

Edgings and Insertions of daintiest new laces. These garments made in soft clinging Nainsook, Linen, Cambric or Silk, appeal to women of taste. The coolest, most comfortable garment worn. Price $2.00 up. Van Orden Corset Co.

1504 Chestnut 28 Wert 23d Philadelphia. New York. SUES MISS BINGHAM FOR DAMAGES. Plaintiff Says She Neglected Coal Hole in. Front of Her Home.

John E. Simpson baa begun suit against Miss Amelia Blngham for $450. an damages for injuries received from falling through a coal hole In front of the actress home. NO. 40 East 31st-st.

The plaintiff says the cover of the coal hole save way and that he fell through, spraining and bruising Ms left He declares Miss Blngham was negligent In allowing the coal hole cover to be In an unsafe condition. OF THE TRIBUNE ore enuring- more Diimrrnut every day; 43 per cent inrrrauc In February, 1903, with February, 1003. I. Altmatt £0. THE Spring and Summer stocks, which are now offered in completed form, represent the most desirable new productions in fine Dress Fabrics, Laces and Garnitures, suitable for the coming season, and include selections of Women's and Apparel, embodying the most recent fashions, here and abroad, in articles of attire of every description.

WOMEN'S SUMMER DRESSES of Hand-Embroidered Linen and Cotton (Department on Second Floor.) The collection of Summer Dresses for Women which is now shown is exceptionally interesting, including a numbet of Hand-made and Hand-embroidered Gowns. Pompadour and Embroidered effects are offered ia New Model Dresses of Broche Chiffon Mull, Tissue, Gauze Rave, Messaline and also Embroidered Batiste Frocks, effectively trimmed with lace, Paris Model Dresses are shown in delicate materials, such as Handkerchief Linen hand-embroidered, or with embroidered eyelet design; Plumetis, Dotted a and Figured Muslin, Net. Lace and Mull; And also Coat Suits in long and short lengths, and Separata Skirts of Linen, Pique, Cotton Rep and Poplinettc DRESS SILKS. Assortments of the seasonable Rough Dress Silks, Burlinghim and Rajah, are now on sale in a range of colors which include over Sixty-five shades. TEA GOWNS.

NEGLIGEES and HOUSE ROBES, including Paris Models. (Department on Second Floor.) Displayed in the department for Tea Gowns and House Robes are unusually attractive garments for wear on various informal occasions at home Louis Quinze, Directoire and Empire Tea Gowns and Negligees are shown in such fabrics as Hand-embroidered Crepe de Chine, Corah and Silk Finished Organdie; Pompadour Taffetas, Net and 'i Ninon; Plain, Striped and Checked Voiles; Radium Silk; All-over Blonde Lace and Broche Grenadine and Crystalline, also selected designs in Tea Gowns of Lierre Lace combined with Bruges; and of Renaissance Lace, combined with Hand-embroidered Net. DOMESTIC RUGS. Advance styles are offered in Wilton and other Domestic Carpet Rugs, and a number of Novelties in Rugs, suitable for Summer Cottages. Among the latter are Homespuns delicate colorings; Art Squares and exclusive novelties in Mazoork Rugs for the Veranda.

Washable Cotton Rugs for the Bath Room are also shown in appropriate colorings. H. Altman will hold a Special Sale on Monday. March 27th, of LACE CURTAINS, $4.50 and $6.75 per Pair. Upholstery Department, Third Floor.

nineteenth Street and Sixth Avenue, new York. 5.

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