davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22
WALL STREET AND EXCHANGES.

OUTSIDE SECURITIES MARKET - Market
closed weak Standard OIL closed 53Oa535 against
5354537 on Wednesday. Last prices Of other proml-
nent issues Havana Commercial Gas; pre-
ferred $3.50; Baking Powder ssAa9O; Bay state
Gas, l%@lA; Markeen Copper 4RQ6; AmaIgamated
Copper ,SS4T14s5 Amsterdam Cas- 24F+G25A pre-
itupber foods. 2742b preferred
szHf DlstiIIihg OF America 4l2a5; preferred 1920
Storage Power l5MQl7; General Carriage 5a6
FOREIGN TRADING.-I.ondon prices were lower
and foreign houses sold stocks In the local market
Total sales amounted TO about fifteen thousand
STOCK LOAN QUOTATIONs-Ioa onotat,ors
were: American Steel and Wire common and pre-
ferred Atchison preferred, Peoples Gas New-York
Central. Rock Island, St. Paul Union Pacific pre-
fcrred American Tobacco. Tennessee coal and Iron
southern Railway preferred. Brooklyn Rapid Tran
sit and Federal Steel common, ll1: Atchson com
mon, Ihlrd Avenue Northwestern, Northern Pa
cihc common, Continental Tobacco preferred. West
ern Union ana Jersey Central fiat; Chicago. Bur
trio, Pennsylvania. Delaware Hudson and Fed
cinc common, Manhattan and Louisville and Nash
EG lgl3a IL N9Tthern Pacific preferred, n Sugar
ferred, lips.
AMALGAMATED COPPER DIVIDEND.-At a
meeting Of the Board of Directors of the AmaIga-
mated Copper Company, held yesterday "A regular
dividend OF ~ per cent and extra dividend Of u
ELECTRIC VEHICLE MEETING-The directors
Of the Electric Vehicle Company took action at
the meeting Yesterday on the dividend. 1t said
week F'
DIVIDENDS DECLARED.-The National Bank
Of the Republic has declared dividend OF 4 per
cent. The United States Trust Company has de-
faTed dividend o. per cent The Washington
cent: The Fourth National Bank has declared a
mental Trust company has declared the regular
quarterly dividend of u per cent. The Real Estate
dent OF per cent its capital stock
The Bowery Savings Bank has declared semi
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22
BUYERS AND SELLERS.

The principal buyers and sellers in yesterdays
market were: st. Paul l. Levy bought; Kohn q
Co sold Sugar. l. F. Mead (2OOO, Imbrie, Melon
aid and ]. s. Bache bought; Content and Rolston
& Bass sold. American Tobacco, d. Henry u,00O
T. 8. Young and Honigman bought d. o Dell sold
1000 Northern Pacific. Provost Brothers bought
1900 Brooklyn Rapid Transit. We'll bought loo
Street Norton G,OCO Halsted Hodges sold
Sugar. r. H Thomas. Content and Hatch & Foote
bought; G.. B. Hopkins. De Cordova, Scheftel and
Manson sold. American Tobacco, j. NJ. Amory
1000 bought c. I. Hudson and G.. b Hopkins sold
Southern Pacific London sold. st. Paul Mendham
and Krkner sold. Pittsburg Gas, T. Tyler and +.
T. Adams bought. Missouri Pacific, ElHngwood
& Cunningham. q. r. Butler and Bianchi bought
Bogert cold. Sugar Halle & Suegtz sold Loo s.
Paul CiOOdbody bought; Min2cShelIner SOFA I.plV
Chicago Burlington and Quincy La M0nJa8fne
bought: Mendham Brothers sold missouri racine
Van FmburEh & Atterbury bought; 5. Schuyler
sold Baltimore and Ohio. Halle q SutglLLZH sou
Sharp & Bryan bought. National steel worm
bought 900; Halsted Hodges sold llTh mon
Pacific, Post & Flagg, Moore SCh4eS, 9liHiOTs g
Slade and Adams bought; O. b. Hopkins ana Lon
bought New-York Central. J. NJ Shaw and StGH-
ems bought. Jersey Central, H. l. tlark j tl5l,ln
Keech and Loew & 60. bought; Henry BrotheTS
sold ST Paul. Worden bought; Bacon ana i r
& Kraus bought Wabash preferred, lt"ieto4 q
BASS and J. Daniels sold. St. Paul, ttasIed *
Hodges Lew and Mead bought. CioodIhud anu
Dav sold Reading first. Cruiksank oouE1l , 49,
ing first preferred. Cruikshank bouGht - '5ooS
Ivn Rapid Transit, Rolston & Hass h9uEhii REM
i1g arat preferred Kerr & co. 5000 in alD and a
n Combs bought. Northern Pacific, &. ]. Hudson
Mcintyre & WardweH and Provost Brolhers So'".
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22
FOREIGN BANK STATEMENTS

London, June 1.-THE weekly statement OF the
Bank Of England shows the following changes
Total reserve increased ES6s.O0O circulation in
creased fnsO00 bullion increased flODs 80 other
Securities increased 100000, other deposit IN
creased nls7,000. public deposits increased f353-
CO. notes reserve increased $4,000, Government
securities unchanged. The pro- ortion of the Bank
Of EnEland's reserve TO liability is ~ So per cent
Last week it was 1886 per cent. Rate of discount
unchanged at per cent.
Paris, June 1.-THE weekly statement Of the
Bank Of France shows the following changes:
Notes In circulation decreased 4OO25,OOO francs
treasury accounts increased 20 $50 600
francs. gold in hand increased 40s75.C00 francs
bills discounted decreased 63. 100. 900 francs silver
IL haud increased 1850 600 francs.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22
NE TR4DE IN CHLCAGO-

Chicago June q (SueciaD-Wheat traders say
there has been such market as to-day sncs
1891. when the Russian ukase so excited Europe
This present experience is very unlike the Letter
deal for when Letter was running his deal half
the commission people were without orders while
now there IS not a commission man who IS NOT
finding orders coming from every direction. To
nights wheat closed 1l.C over Wednesday; at one
time early prices showed 3isc over Fluctuations
here a nothing, however compared with the
wild movements at Minneapolis and Duluth. Min
neapolis AT one time showed sc advance lost It
Just suddenly and then recovered share OF
II The Northwestern people have been incredU-
Ious OF their damage but are now Wild fovar Il
The Northwestern markets also trading In
privileges. which adds 10 their excitement It Is
said that Minneapolis broke &C to-day with the
trade of only 10000 bushels. July here opened a.
Sc 10 Sac sold between Sab and SIC and closed at
S21sc September closed at S4lsc. Liverpool was
sac to 4'sc --gher with the English marks,
cited Crop advices were no different from what
they have been Snow estimates South Dakota
at about 100000 bushels. compared with 5Sot000
last year Expert InZlis estimates North Dakota
NJ 100000 bushels. compared with 52,000@0 last
year The estimate by The Price Current Of
spring wheat crop OF 220O00oO bushels was COZ
sidered farclcaL Profit taking was the feature to-
day; good deal of it for the Northwest It was
hot and dry to-day in the Dakotas. Minnesota and
Manitoba Same conditions promised FOR to-nOr-
row.
Corn az one time showed advance Of 1lso over
Wednesday but 1t was all lost ar the close ne
AnaI figures were Lac under Wednesday. The Auc-
tuatIons were largely with wheat July sold at
423sc and +1-sc. and closed AT +0-sC- September
closed AT Ha,c. There were liberal country offer
iugs on the advanced bids OF Wednesday night
Shipping sales about 10000 bushels. There
was very heavy selling by elevator people. Cudahy
was also a liberal seller Liverpool was Esd higher
Clearances, 77o0o0 bushels. Crop advices keep n
voJable
oats early IN the day divided attention with
wheat. with Wild opening and with prices for an
instant showing an advance OF &c Most OF tbs
was lost. July opened 24iec 70 pc, sold between
PC and Pike and closed at 24l2c; September closed
at 2iH4c The wheat excitement was a factor Ihs
Northwest has been buying September oats here
all the week Receipts 2S4 cars. with 24S esT-
mated for tomorrow. shipping sales. $4,000 bushels
Flaxseed was steady. to-njshts prices sc 70 &c
over Wednesday: September. 81 IS; october, 81 J.
For two days there has not been car Of faxseed
in here There IS not a bushel of haXseed in stoTe'
and yet the cash price is 81 81.
Provisions were stupidity dun, a remarkable con-
trast to the excitement IN grain Hogs were
steady. with $1,000 received and 1900 estimated FOR
Friday. Cables We're about steady The packins
West fer the week was 10000 hogs. against 500"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22
BONDS.
THE DAYS OPERATIONS IN STOCKS,

Considerable animation marked the course Of
dealings in yesterdays market. Liquidation
continued in many issues. and active efforts were
made IN some quarters TO reduce values, but, as
"a rule, closing prices showed improvement over
Wednesdays final dealings. Liquidation and
abear pressure were offset by covering purchases
and fair support from a good class Of buyers.
but the conflicting influences named served to
acreate great irregularity in price movements
THE nominations at Philadelphia We're encour-
aeging factors. affecting investment sentiment
Hbut professional spectators, who bearish for
"a long pull, did not permit the favorable side
-of the political situation TO change their Opin-
Hons regarding the outlook for lower prices. 1t
IS something akin to treason to mention higher
values IN speculative circles at present, but the
aprediction is made, nevertheless, that the short
snterest will not have everything its own way
Ehis summer. Stock market values are below the
actual worth Of securities the short interest is
heavy and weak holdings are not a feature of
bhe situation Speculation has been bearish so
Gong that a rally is due on purely speculative
reasons, and while a bull movement is not in
sight, 1t seems reasonable TO expect a short
period at least, of recovery. AS general condi-
siOns stand to-day, with quotations at the cur
Tent level. short sales do not appear particularly
attractive.
Sentiment in Wall Street ought to be favora-
sDy aHected by the strong ticket nominated in
philadelphia, and there is no reason to suppose
1hat the Street viii not accept the action OF the
philadelphia Convention a harhnger of sue
cess IN the fall. OF course the bear element will
not admit that the outlook is not gloomy, but
the chances are that the more careful bear
operators viii gradually change their position in
expectations Of a bull market after the cleo
ton Destructive forces are not at work upon
actual values. while ii appears from trade re-
ports from various parts OF the country that
business interests are not moving on lines that
might prevail if Mr. Bryan's election were ex-
pected. The people learned 10 think about cam
paign issues four years ago. and they will think
again this year If Wall Street makes up its
mind that the chances Of Republican success
are slim. stock quotations Will doubtless go
lower; but the bargain hunters and panic BIRDS
VIII be on hand to pick up all good securities
that may be offered. Street gossip saws that
the next important decline viii take place when
the Kansas City Convention meets. The greater
number OF active issues showed marked strength
n the afternoon dealings especially Jersey Cen
1raI and Reading first preferred. The only de
cided weakness that developed was in Northern
Pacific and Great Northern, which were sold ON
adverse crop reports. Closing prices were under
1he best Of the day
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22
SUGAR TRADE CONDITIONS.

The position OF raw sugar is very strong. and m
dicatons point to further advance in price in
the future. An advance in raw sugar would
be followed by corresponding gain I'm refined and
In trade circles II IS believed that sugar prices will
be considerably higher I'm the course of the next
month. Referring to report about ruinor that
two thousand tons Of foreign refined sugars are
being purchased for shipment TO this country one
of the best authorities in the sugar industry makes
the following statement:
Importations of foreign refined sugars are to be
expected, In view Of the present difference which
the domestic rehnerS maintaining between the
prices OF raw and refined sugars. Such impOrta-
lions, however VIII he insignificant now as they
were In the ante-sugaT times. previous To 1928
Inc difference between graduated and 50 degree
test centrltugals Is now y of a cent, which was
me average yearly difference for a series years
prior TO lS9S and there is reason why this diff
Terence should not be maintained. Ii is not ex-
cessive and while light 10 he appreciated by
the consumer, II puts the refining business ON y
prohtable basis The impOrtations of foreign sugars
reported TINS morning refer mainly to Russia Crys-
tals; grade OF sugar to which there is nothing
similar made by our refners 1t is very much off
IN color for a graduated sugar, and is too hea w
d grade to suit the jobbing trade of this country
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22
IOWA CENTRAL BOARD REoRGANIzED.

F H. Davis, treasurer OF the Minneapolis and St
Louis. who has Just been elected vice-president Of
the Iowa Central. was quoted follows yesterday
regarding the significance OF the change In the Iowa
Central Board
IL Is entirely wrong TO assume that the reorgau-
ization Of the Iowa Central Board means that the
Minneapolis and 81. Louis has secured control or
that company Minneapolis and St. Louis as a cor
poration has interest whatever In Iowa Central
II is OF course true that capitalists prominent in
Minneapolis and s.. Louis have acquired control
OF the Iowa Central hut there has been no ppr-
chase by one company OF the other and there Will
no merging Of the properties II is likely that In
tho near future some close traffic arrangement Will
be arrived at by which the companies Will turn
over to another much more traffic than they
have heretofore been doing, but no details OF any
such arrangement have yet been worked out.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22
TOLEDO, ST. LOUIS AND KANSAS CITY
BONDS

Justice Bischoff. in the Supreme Court, yester-
day grarted an order directing the Farmers Loan
and Trust Company as receiver TO deposit be-
fore June p with the Central Trust Company
15S first mortgage bonds of the Toledo. St Louis
and Kansas City Railroad and all unpaid coupons
since January l, 1888
The order made in accordance with the inv-
tation sent out by Frederic p. Olcott and others
of the Reorganization Committee recently The
order also directs that the Farmers Loan and
Trust Company receiver hold the remainder of
the stock The Farmers Loan ana Trust Company
Is directed to accept certificates of the stock
transferred.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22

RAILROAD AND OTHER BONDS-Market tr
regular Total sales amounted in par value to
SEQ. against S1270.50O on Wednesday. The
heaviest dealings were in the Atchison and Balti-
more and Ohio issues Chesapeake and Ohio as
Chicago Rock Island and Pacific As Detroit CITY
Gas IS, Missouri. Kansas and Texas I'd IS Norfolk
and Western IS. Northern Pacific IS and 4s Read
Eng general As, 81. Louis and Iron Mountain IS
81 Louis Southwestern lists and DDS Southern
Eacihc 4s, Southern Railway lst IS Texas and
lIenryre Rs '''- IL
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22
SOUTHERN PACIFIC.

Southern Pacific has been in good demand in the
last few days and traders have covered on the re-
port that dividend would be declared this sum
mer. Insiders are not promising dividend at
present despite the fact that has been earned,
but IL earnings continue at the same rate IN the
fiscal year In the current year payment
will doubtless be made before the end of the first
six months Southern Pacific stock recently
qured for the Huntington interests has not been
sold and il Is not at all likely that any of these
holdings will come on the market. They were not
bought 20 sell current figures
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22
ANTHRACITE COAL STOCKS.

Strength In the anthracite coal stocks was due 20
buying induced by the report that efforts TO build
Independent coal road TO tidewater had been
abandoned. a story put out IN effect that
negotiations for the settlement of tho controversy
between the anthracite railroads and tho Pennsyl-
Vania Coal Company had been successfully COM
pleted and that the controlling interest in the stock
OF the company named had been secured by Morgan
interests. Jersey Central was active feature
a sharp advance, also Reading first preferred. On
tarlo and Western was firm small dealings.
Rumors of a deal whereby Jersey Central would
pass under Vanderbilt control accompanied the hd-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22
AMERICAN SECURITIES ABROAD.

London, June H.-The market for American Sc
cuTities opened weak and continued so through
out, except In a few cases where slight rallies
occurred. Sellers predominated throughout At
the close the tone fat Last prices were:
Atchison, 25is Canadian Pacific 921k; St Paul ia.
Illinois Central. ll4i4 Louisville and Nashville
tTal, l5l Erie. NJ: Pennssyylvania, CO. Reading
g2referred =: Grand Trunk. 81. and Anaconda 81
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22

DOMESTIC RECONSIDERATION Orleans - Com
Saercal, Sc discount bank 81 premium San Fran
eisco-sight Zoe; telegraph. Pic Cincinnati-Be-
tween banks. 8c premium; over the counter SOC
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22

premium. Boston-Par Chicago-2oc premium. St
Lcuis-I0c premium. Savannah-Buying. par; sell
irg 81 per g, 900. CharestOn-Buying par; sellns'
1sc premium.
BANK CLEARINGS - New-York - Exchanges,
s143745132; balances 1858 $50 Philadelphia - Ex
changes SIS 437 223: balances. $2,6269l5. Boston
Exchanges N9. S93 balances, N,5s569 Bait
more-Exchanges, 4,033; balances. S940, $50 Chi
ca go-Exchanges $22.54 los: balances, $23S9,SS5
FOREIGN MONEY A1ARKET;-Caii money in
London ~ per cent. Open market discount rate
for short bills. 9-16d23s per cent and for long
bills 25s per cent Berlin discount rate 4s per cent
Paris exchange London, % francs y centlmes
Paris discount rate. 27s per cent
FOREIGN SECURITIES. - British consols for
money 100 1916; for the account 1905 French
rentes 100 francs 2lk confines Spanish is closed
at 20
THE SILVER MARKET-Bar silver, 602sc. Mexi-
can silver dollars 4724c. Bar silver in London,
q 13-l6d
GOLD PRENIIUM-In Madrid, 1856; Lisbon, 1926
Buenos Ayres 1890; Rome, els.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22
STOCKS CLOSE HIGHER.
COAL SHARES FEATURES.
sEHoRTs BEGIN TO COvER-BoNDs AND
MONEY.

Closing prices yesterday Of the principal &C
hive securities and net changes from Wedres-
hSay's prices were:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22
MONEY AND EXCHANGE.

MONEY RATEs.-Money on cali. l14a1% per
cent. IA per cent being the ruling rate Time
money. per cent for sixty days 3l2d4 per cent for
three months, per cent for four months and "a
- per cent for six months. railroad collateral
Commercial paper. 319a41a per cent for three four
and six months for the best names. and above for
names not 50 well known
FOREIGN Observation-Disclosures weak Actual
closing follow:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22

GONFKNMENI REIEIPTS-N CUSTOMS receipts
reported from Washington 1857 36S internal revenue
receipts $93l7l5. miscellaneous receipts. S24 49,
Total receipts for the day. SS4252I, expenditures
100000 Receipts for the month to date" f22 o' g.
expenditures, S25.365 ni, Of receipts fIN4f
Receipts for the fiscal year 10 date $50 aS2 t5 ,v
pendtures, A195S3fs Of receipts So E-s I2-
Receipts Of National bank notes for redemption
$3.50 COS.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22
MISCELLANEOUS SECURITIES.

FURNISHED by Frederic H Hatch. No 80 Broad-st.l
STOCKS.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22

Most OF these foreign refined sugars are only semi,
States.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22
CHICAGO STOCKS.

FURNISHED by Walker Brothers No. Il Broadway,
High. Low \ -
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22
5In1nClal.
RAII.W AS EQUIPMENT COMPANY
OF WIN NESDTA. -
, ID =, = hNIdA

NVIIV r II IEkEBl VIN ~ % me HOI'l7l1
Of the Six Per Cent. Eonds ~ the above CouaLas1y
dated June LIST 1891. that the Atlantic Trust CoIn
under the provisions OF the Deed OF Trust securing
ItoDHs. viii receive offices. No. 81 Wlr1ssS
Street in the CITY New York. until July luth
cuT-s for the sale Bonds the amount or 49,
tuo not exceeding and interest the date OF P
therefor. 49,
II $50 OOO IN amount q Bonds not 0Iefe- -
sale aforesaid Will he the duty ~ the Trustees
redeem by offered. II -
provisions Of the Deed ~ Trust
ATLANTIC TRUST COMPANY. Trustees
New York. May s1st. 1909.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22
BOSTON STOCKS.

d by R. L. Day & Co.. No. 1 sroanx
zsa-5a-- 7-r-day- -. ~
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22

'Cen Tn @ 5s.
econ Deb b..
'EquIt LIST G 5s
Mutual .-.....
New Am Gas.
DO pref ...-
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22
THE DAYS OPERATIONS IN BONDS.
GOVERNMENT BONDs.-Market closed lower

Final quotations follow:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22

Bankers, posted rates were:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22

TRUST AND SURETY COMPANIES
reported by Clinton Gilbert No. waIl-sr1
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22

LAKE SHORE = MICHIGAN
SOUTHERN REFUNDING MORTGAGES
Gold 3',s, 1921.
\ limited amount FOR sale 1O9Ss and interest Has,
ing First Consolidated Is due July taken IN p@S
at par and interest To maturity
FISH II ROBINSON,
Bankers and Dealers IN Bonds
30 Nassau Street, New York
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22
SALES AT THE STOCK EXCHANGE.
RAILROAD AND OTHER STOCKS.

I----Ac-uel Closing Share:
IOnar FIiVhII,ow Fin Bid. ASK. sold.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22
The LAKE SHORE and
HUrutT,GN SOTsTTICTN ~ nj NAV CO.

Office OF the Treasurer -,
Grand central Depot. New York. June 20th Iosr
FVHE PRINCIPAL Of this COmpanyS "
cent First Consolidated Mortgage and SiHi M,
Fund Eunds,'' becoming due the LIST day %
next vii! be paid the md DAY Of that Uont11t itet
thereafter. behalf OF this Company. by me
Trust Company " New York. NJ. ~ Wan S.fsi
The coupons payable on that day should gts--rySR
" ~ TreaSursr'
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1900-06-22
PHILADELPHIA STOCKS.

reported by De Haven & Townsend No. 40 Wall
Spirit of the age. [volume] (Woodstock, Vt.) 1845-1913, 1900-07-21
GRAVEYARD INSURANCE.
Serious Charge Entered Against
Pawtucket Citizens.


Pawtucket, r. l.. July 19.--Dr. Michael
w. Kelleher, one of the leading physi-
ciahs of this city, and Hugh ]. McGinn
were arrested Wednesday night by De-
tective Haberlin, on the charge of fraud
in securing money on life insurance
policy. Dr. Kelleher is charged with
fraud and forgery, and McGinn with for
gerry. 1t is claimed that they Sc
cured a policy in he Berkshire Life In
surance company Of Pittsfeld, Mass,
for Thomas P. McFadden, knowing that
McFadden was dying from consumption.
The application was made on June 80,
1897, and on July 26, it Is stated, Dr. E.
r. Morrison, for the company, examined
a man supposed to be Thomas p. Nc
Fadden, but who was really his brother,
Francis A. McFadden. The applica tion
was accepted and the policy was made
out in favor of one Francis Roche, for
he sum of $3500 On Aug. Is, 1897,
Thomas McFadden died, and The amount
of the policy was paid on Aug 80 to Nc
CHM, who was the agent of the COM
pany. Some time later, q number Of
similar cases occurring, where the takel
of the policy died soon after receiving it,
the berkshire company began an investi-
cation, with the result that Kelleher
and McGinn were arrested.
The men We're arraigned before Judge
Shove and both pleaded not guilty. kel-
leher waived examination, and was held
in $4,000 on each charge for the supreme
court. McGlnn will stand trial July
25.
Both men protest their entire inno-
cence Kelleher says he knows moth
ing of the matter; that Roche called one
day to pay him bill, and that beyond
that he does not know the man. 1t is
believed that there will be more arrests,
and 1t is stated that frauds have been
discovered in which about dozen life
insurance companies are involved to the
amount Of about 100000.