davidaulloa/AmericanStories huggingface dataset:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-04
BIG JERSEY MINE PROPERTY SOLD.
Joseph Wharton Gets Holdings OF the New
Jersey Iron Mining Company.

Morristown. y. J.. May tSpeclaD-What is
thought 20 he the largest resi- estate deal ever con
surrnated ina New-Jersey was completed yester-
day. when Joseph Wharton, of Philadelphia, oame
into possession OF all the property OF the New
Jersey Iron Mining Company. Mr. Wharton is the
owner OF the Wharton mines. at Port orarn ana OF
much other mining property f. various parts OF tho
United States In Morris County alone he employs
more than five thousand men in his mines.
For many years he has been endeavoring 10 get
hold Of the property OF the NewJersey Iron Mining
f-ornnan1 This company owned mines in Iiibernia.
Mount Hope Sparta. Mine Hill. Beach Glen hnd
wharton Some OF the mines have not been oper-
sted in several wears MIR. Wharton will now open
them adding several thousand more men TO ms
usvrol The value Of the properties trans eIreu >
moi known but II is in the millions or do!lars
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-04
ATLANTIC COAST LINE DIVIDEND.
J. P Morgan & Co., Syndicate Managers,
Announce It.

a dividend Of 1888 per cent has been declared by
J. P. Morgan & Co. managers Of the syndicate
which underworld the Atlantic Coast Line per
collateral trust bonds issued to acquire control
of the Louisville and Nashville road from John w
Gates and others. The syndicate 10 have ex-
pred December 81. 1903. but extended to
May. 1905.
Mr. Gates and Edwin Hawley end their associ-
in 1902 purchased majority of Louisville
and Nashville Railroad Company's 100000 shares of
stock. Their 3oS,0O0 shares were optoned to j. p
Morgan Co. who subsequently exercised their
option and then transferred the entire 3G shares
the Atlantic Coast Line Railroad Company al
$50 share-si5 100000 in all. In payment the At
lantic Coast Line Railroad Company gave s. 900
In its stock the market value of which was
about 49, $5 900 600 OF it's per cent collateral trust
bonds secured by deposit OF the 10000 shares of
Louisville and Nashville stock. and SlOO0OQ0O in
cash. A syndicate formed TO finance the
transaction. and il is this syndicate which has Just
received q dividend.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-04
CITY BONDS SELL LOW.
Average Price of 1OO.94 To Be Paid
for Issue of sS2, OOO, 900.

The cltys So 100000 Of 80 per cent hfty-year
porate stock brought price of 500 90 for
each 500 OF bonds at the sale yesterday. This IS
eght-tenths OF ! per cent more than the last lot
brought two months ago. The s5.otoo0O Of ten-yesr
bonds brought an average price Of 500 l3.
The highest large purchasers yesterday were J. &
". Selignan e. Co. and Edward Sweet d. Co, who
took 100000 at an average price Of 100.1. The
largest buyer OF ell. however q syndicate, COM
posed of Kidder Peabody 6; Co. Barring, Magoun
&. Co and Fisk e Robinson. which obtained SZ.-
l6s 500 OF the aftyye6r securities at the low water
mark price OF the day. 100 1919.
syndicate. which included the National City
Bank Harvey Fisk Gs Sons. speyer & Co.. Kuhn.
Loeb & Co and Vermiye & Co, put in a bid but
Fl was not large enough 10 get an allotment OF the
nfty-yesr bonds. although this syndicate obtained
81 80 $50 Of the ten-year securities
Controller Grout said that about one-third Of the
issue would be used this year Cor the specific pur-
poses for which the bonds issued-public i'm
proyenents various sortsbut as the city is con
SANITY issuing special revenue or short time bonds
for expenses III anticipation OF Its tax re-
nepts the of $s0,0oo0o0 or more a year. the
Controller declares ne will this money instead.
there being law to prevent such use Of funds
once paid into the city treasury. The Controller
raid il was not fair 10 compare the present price
bonds with that OF 1869. when high water price
was reached. He said the Drop hao not been sud
den but gradual extending over four years
IN spite OF Mr.. CIRCUITS explanations tho CON
sensus OF opinion among Wall Street men VINO arc
not buying bonds is that the Controller and the
Mayor have acted with manifest lack of sagacity
IN selling a years supply Of the citys gilt edged
securities when only one-third OF the money is
needed at this time Even II the money Is used IN
nopds there viii be saving Of not TO exceed per
cent for few months. while there ~ every pros pros
tration. that the city's bonds viii sell almost
when they brought average price Of 10; A az
terence Of per cent sale Of two-thirds OF the
issue disposed of Yesterday at little under lol
would have saved the city SlSh,ft2
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-04
STEEL TRUST DIRECTORS MEET.

A. the monthly Tnee'aG o. itn Board % directors
NJ the United Stat=s S'Dei Corporation yesterday
afternoon. his being tho first meeting following
7ne annual meeting or che stockholders q which
directors elected. officers for tho corporation
chosen. All the officers reelected. The
onlY change in The committees was that Henry
Phpps. who was elected direct"~ feN months
ago succeeding John u. Rockefeller. elected
member Or ;he finance committee take the
place o. Charles NJ Schwab. TIE resignation from
he hoa-.i OF llrrc tar= - Francis Il PEABODY. or
1Sidder. Pealodv y 20. = Boston, was accepted
and Robert Sinsor, Of Inc ean'e firm. elected
fll tie vacancy. NJ Pea!.pur's retirement WAS
on account Of ~ health. No reason given
for the retirement Of Nj Schwsb from the finance
committee.
The bylaws Of the CORPORATION were amended by
changing the dates oC the regular monthly meet
sings from The first Tuesday ii the month 10 the
last Tuesday ~ the month. This change will en-
bie the board 10 aScet taII the exact earnings
for each Of the tlrec months preceding a quar-
FeTly meeting Of me board. Heretofore IN state
ments for the several quarters have estimated the
earli1Es Tor the last month ~ each LoriOd
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-04
BoILERMAKERs' STRIKE THREATENED
Split Comes Over Open Shop, Men Refusing
to Renew Old Agreement.

AN unexpected strike of the boiermakers and
helpers. involving about seven thousand men.
is impending in al! the shipyards and factories
in New-York and vicinity far as Eliza bethport
against the open shop. The agreement between the
boilermalIers and helpers and the New-York Metal
Trades Association ended May J. and at the
request Of the Brotherhood of Boilermakers and
Iron ShipbuiideTs several conferences between
representatives and committee OF The Metal
Trades Association took place. The last agreement
was practically an open shop agreement. as there
was nothing in IL piedgiug the employers 10 ornD'o-
only union men II was thought that the boiler
makers Would be only too glad as many OF them
are idle. to simply renew the contract: bur M thu
final conference. yesterday employers aud eupioveS
split on the open shop question.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-04
PROSPERITY IN THE WEST.
Things So Good That Hartman Increases
Orders for Equipment

IT Hartman. president OF the Union Pacific
sn6 Southern Pacific railroads. who returned on
Monday from a tour Of inspection or those proper
,iee gave an informal interview yesterday dealing
with some observations made nv him on his trip.
lie said that ne had found conditions in the West
and Southwest much better than he had thought
when he visited those regions last fall that they
would be at this time. In the fall, he continued,
.he extreme depression IN the stock market and
unsettled conditions generally III this part OF the
country were clearly reflected In the West and
Southwest Conditions had materially improved
meanwhile however. that he felt warranted in or
dering more equipment for the Hartman roads
than ne originally intended 10 ordes.
Regarding the Southern Pacific, Mr.. Hartman
said that the road beginning to see day
hight in the matter OF extraordinary expenses.
Speaking Of the Lucin cutoff. Salt Lake City.
which has been a source Of great expense and has
baffec the skill OF the best railway engineers Mr..
Hartman said that freight trains were now being
run oveT 1t. hut that il was noT deemed advisable
10 carry passengers. Mr.. Hartman said that he
had not given much thought 10 the subject OF
dividends Southern Pacific but intimated that
once dividends we're begun they would be con
sinued.
Crpp conditions In the West and South west. ac-
conding 10 NJ. Hartman, we're much better than
she government reports indicated OF the West
servatisn was being shown there than here. and
that region. hc believed. IN good shape
ASKED II IN his opinion the n est va TO appear
the savior OF the situation. SIR Hartman
sponded by asking: Does the situation need a
faVior2' Continuing. he saC
Undoubtedly there las beeI bear market. hut
81 appears 10 me that IN quiet way 1t has been
working OF me slough. The process seems
she same a. in Che case of person who has been
on Z debaUch- He has 10 sleep il off The depauch
IN speculation has been followed by q sleeping off
process It's a sort Of "onHslr~canc. which the
market and The persons Interested IN = arc going
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-04

DOMESTIC EXCHANGE.-New-Or Orleans - Com
merciaI. oc discount bank, 81 premium. San Fran
tiSeo-SlSht' DC; telegraph 71sc. Boston--1Oc dis
count Charleston-Buying. par; selling. 1-10c
premium Chicago--3oc premium. Cincinnati-2Oc
discount. vannah-Buying. SOC discount; selling
''c premium St Louis-35c premium. Minneapolis
Soc premium
bANh CLEARINGS. - New-York - Exchanges
Sz9"ON|oo3; balances. $17651. sos Baitimore-Ex-
changes &.O6o259: balances, $477559 Chicago-Ex-
changes S4zl5s,736: balances $4731GOS Boston-Ex-
cHdhses' %l4SS.3S4. balances 81. 264O43
FOREIIN MONEY MARKET rnona, IN
LONDON l'2n2 per cent Open market discount rate
Tor snort bills. 2sd24 per cent; for long bills. 249
o-lo per cent Berlin discount rate. per cent
oeFhh exchange on London, 20 marks 49, pfennigs
fd'!S discount rate. pa per cent Paris exchange
Oh Lonuon, % francs 111s confines.
FOREIGN SECURITIES -Rritisb console t
money 80 lS-l6c; for the account coo: French
rentes. % francs ) confines
0lLN Elk MARkET-Bar silver 54s4c: Mexican
siiPec dollars. 43'2c Bar silver in London closed AT
GOLD PREMIUM.-In Madrid so 10: Lisbon o. "a
ION tIttNME\T NEUTRALITY-SUSPICIOUS. recainta
reported from Washington. $751; 957: internal ray-e
eCelPts Sz5t6o9. miscellaneous receipts S121
o. tsscelPts for the day Sl,2OO9 expenditures
Sl:2-Ucg receipts for the month TO date So 2l9 296
expenditures, $4,000; excess of expeuditIires q .
oS,,,o. receipts for the year date S454 500 400
eHPeI!oitures stA 03 591 excess Of receipts S 500
SUI ftE-ASCRY-The Sub-Trea stIry was dabto-
10 the Olearlng House. S2,076.2SL
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-04
FEAR STRIKE IN BRONA
Building Employers Stirred Up
Orer Walking Delegate.

The executive committee OF the Building Trades
Employers Association of The Bronx met last
night LoessleI's Hall, One-hundred-and-forty-
eghth-st and Willls-ave. Charles Baxter, chair
man OF the committee. reported that there
danger of a general strike Of the carpenters union
and the allied trades. The association is troubled
by the Interference of walking delegates, who. they
say. stop men in working hours and demand their
cards. The employers union has asked representa-
tives Of the carpenters union to meet them next
Wednesday night TO II they cannot come TO
some agreement. The employers are willing TO give
the carpenters union wages and union hours, but
Will insist that the wa liking delegate must not in
terfere with the men in working hours. The en-
plOyers say that if the unions do not meet this
agreement they will change open shop"
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-04
LAWSON OPENS STANDARD OIL FIGHT
To Ask for Receivership for Amalgamated
Copper First.
ny TELEGRAPH TO THE TRIBUNE. J

Boston, May sit leaked out to-day that Thomas
W lawson was preparing TO ask for receivership
of the Amagamated Copper Company, as the first
move IN the fight with the Standard OIL people
which he anmounced some days ago that he would
start himself If Mr.. Lawsons first move proves
successful IN procuring Amalgamated receiver
ship he says he will execute attack by opening
his batteries on the National City Bank the recog-
rized STANDARD OIL financial institution. Already
his attorneys at work preparing the prelimi-
nary papers.
Following up these moves he declares he will
carry into other fields of Standard OIL
activity. and If his plans in any way successful
the war will be carried he AYERS into all sections
where Standard OH interests have betrayed a weak
spot their defenc"s. HIS energies viii be concer-
trated AT first however. II ia said. TO opening up
Amalgamated copper TO the glare of publicity. and
some sensational exposures Of its prom
ised ny Mr.. Lawson. It intended keep the
affair quiet until papers were served. and II poa-
sble catch the Standard Oil men of their guard
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-04
THE DAYS OPERATIONS IN BONDS.
GOVERNMENT BONDS Market lower Final
mutations fnIlnrr.

RAILROAD BONDS.-Market generally higher
Total sales amounted in par value s. 7a5 500
against 1856. 500 Monday. The heaviest dealings
were in the AtchsOn general As. Baltimore and
Ohio gold As Brooklyn Rapid Transit convertible
As Chesapeake and Ohio 41as, Chicago. Burlington
and Quincy IS. Chicago. Rock Island and Pacific
Railroad Is and collateral trust IS. Colorado and
Southern first As. Louisville and Nashville unified
IS Mexican Central INST and second incomes Ore
gon Short Line As. Pennsylvania convertible 3Iss
Reading general As Union Pacific convertible As
and Wabash debenture Bs Consolidated Tobacco
As and United States Steel 5S We're also active
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-04
JOHN I. SILBERSTEIN DEAD.
Wealthy Silk Merchant Expires in Billiard
Room of His Home.

John I. Snberstein. wealthy silk merchant
at No % Greene-st died suddenly from heart
disease last evening in the billiard room the
top floor Of his city house, at No. l19 West
Eighty-frst-st. He had been playing a game of
billiards with several friends.
Mr. Silberstein was forty-nine years Old and
was born in Zurich Switzerland. where he was
graduated from the Zurich Polytechnic Insti
tute He came TO this country thirtY-fve years
ago He had a large country house at Babylon.
Long Island Besides his widow he leaves two
young sons, John Gregory and George Oliver
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-04
FUNDS FOR SMOKE NUISANCE FIGHT
Counsel Says Case Will Be Carried to United
States Supreme Court. if Necessary.

john = Coleman. who. with John a. Deering IS
counsel fo- the committee representing the West
End Association The Riverside Drive Association
and The Mornngside Heights Association In their
Eight against tho smoke and blasting nuisance of
&ew-Jersey. said last night that there had been
SOLICITED $500 with which 90 push the case in the
United states Circuit Court and The New-Tersev
Court Of Chancery. and that there was need OF
funds. TWO different persons on Riverside
Drive have volunteered 20 become parties 10 tho
suit One Of these men will be selected later Mr.
Coleman declares that il the is lost he will
appes! IL 70 the United States Supreme Court
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-04
AMERICAN SECURITIES ABROAD.
London. May 3. p. m.-The market for American
securities was dun and HIGHER. Final prices follow:
MONEY AND EXCHANGE.

MONEY MARKET.-Money call opened at IL
per cent highest III per cent lowest, Ia per cent
last loan. Ia per cent: closed, 1AG1ls per cent
ruling rate. IA per cent Time money was quoted
at ~ per cent for sixty to ninety days. 22sdS per
cent for four months and 2G4 per cent for five and
six months Commercial paper was quoted at 374qf
per cent for sixty to ninety days. 494z for
fear to six months and per cent for otherA
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-04
OUTSIDE SECURITIES

The market for outside securities was extremslv
duh. and. with the execution Of one or two brs+,
OF moderate activity. was absolutely fat Tbers
was no particular selling pressure in evidence Va,
prices were weak. the market declining apparently
OF its own weight Greene Consolidated Copper was
the most conspicuous feature both IN respect 10
activity and strength. The dealings in this tSSus
amounted 10 about 3to0 shares. After early weak
nesses the price advanced TO = Per cent above yes
terdays final figure. Dealings In all other issues
were upon exceedingly small scale and fractional
losses were generally recorded
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-04
c. AND w. SECURITIES CO. MEETS.

The annual meeting of the Chesapeake and
Western Securities Company held Jersey
City YESTERDAY. Joseph ". Rhinehart. ~ Plain
field. who holds 9l6 shares. and was unsuccessful
in his effort 10 secure injunction to prevent the
holding OF the meeting, attended, and fled a pro-
test demanding that the books De examined before
The election was held. The election proceeded ana
Roeert McC Gillespie, Jules J. Galube and William
n. Hall were reelected directors They organized
and reelected Gillespie president. Gaube vice
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-04
JOSEPH PARKS ESTATE ACCOUNTING.

The final accounting IN the estate Of Joseph Park
the founder OF the grocery firm OF Park & Tilford
was fled in the Surrogate's Court at White Plains
yesterday. The value OF the personal estate Is
given as aess55S. and the real property $4,000
The stock Of the firm OF Park a. Tilford was valued
az ssoe5s There are l7s per cent registered bonds
nf the same nrfn, which valued al $3.50 900 he
sides 100 per cent coupon bonds Of the same
firm. valued at 10000
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-04

FOREIGN TRApING.-Foreisn houses dealt in
c00No shares i'm the local market mostly prr,bases
ON the London Exchange quotations were stror,
with tho exception Of the Russian and Chinese Is
sues Japanese Is advanced nearly points T on,
uoh anu German discount rates We're lower Par
,eiNchanse on London was unchanged while the per
IN r rate was slightly lower. Consos were strong
bar silver In London advanced IA ICONS
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-04
EXPORTS OF MERCHANDISE

Week ended May e. S9159s $40 14q asa az AZ,
Since January 1.- 100 044 POS 1eQ 500 Ss
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-04
SLIGHT RALLY IN STOCKS.
London Quotations Generally High eSterng Exchange
Money as Lo1o a of Per Cent.

Closing prices yesterday OF the principal active
securities and net changes from Mondays quo
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-04

INACTIVE STOCKS.
FURNISHED by William E Nichols & Co. No IS Wan-st)
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-04
FOREIGN EXCHANGE.-Market closed firm
Actual closing rates follow:

Bankers posted rates were:
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1904-05-04
ACTIVE STOCKS.
BONDS.

10. Tsa Total sales 'Odd lots
The San Juan islander. [volume] (Friday Harbor, Wash.) 1898-1914, 1904-01-21
of water
Body Washed Ashore

A body, which is believed to have
been that of Homer M. Swaney, presi-
dent Of the Seattle Iron and Steel Com
pany, one of the victims of the Clailam
disaster, was washed along the south
shore of San Juan island shortly before
dark Tuesday afternoon. James Firth
was walking along the shore looking
for wreckage from the Clallam, num-
Der of articles having come ashore in
that vicinity, when he saw the body
floating in the tidal current close to the
rocks. He drove nail in the end OF a
stick and going out on a rocky point
managed to reach the body, but the
nail gave way and before he could
make another attempt with anything
more secure the body was washed out
of reach. There was a life preserver
around the body, which was floating
upon the back. The face was quite
plainly visible aud was that of man
of middle age, clean shaven except for
mustache, full face and gray hair,
closely cut. At the ISLANDER Office
Mr.. Firth was shown picture of Mr..
Swaney in the Sunday Post-Intelli.
gencer, of the 10th inst, and he at once
said he believed it to be the picture OF
the man whose body he had seen. The
coast at that point is rocky and sx:
posed to the full sweep of the south
west winds and it was too rough at the
time to safely venture out in small
boat.
The San Juan islander. [volume] (Friday Harbor, Wash.) 1898-1914, 1904-01-21
CAPT. TOZIER'S
INDIAN CURIOS
GREATEST COLLECTION OF THE KIND
IN THE UNITED STATES
Great VARIETY of Specimens of the Handi-
work OF Washington, British Columbia
and Alaska Indians--Now Stored in
the Ferry Museum, Tacoma.

The Tacoma Sunday Ledger of the
10th inst. devotes over eight columns
of space to an illustrated article on
Capt. ID. f. Tozier, of the revenue cut
ter Grant, and his great collection of
northwestern Indian curios, the largest
private collection of the kind in the
United States, nov stored in the Ferry
museum at Tacoma.
Friday Harbor has long been one of
Capt. Tozier's favorte ports on Puget
Sound, and the Grant, carrying four
mounted guns, seven officers and
thirty-three men, and still stnunch and
graceful despite her thirty three years
of service, often lies at anchor in the
sheltered waters of our lovely harbor.
Quite number of baskets and other
specimens of Indian handiwo ork in
Capt. Tozier's great collection were OBJ
tanned in this county. The Ledger
says of the collection as whole that
"these records of the aborigines of the
northwest will be known and valued by
scientists and scholars and the name of
heir collector preserved when all trace
of the Grant and the people she cruised
among shall have passed away.
cover four thousand baskets, repre-
senting the best weaving of the north
west tribes, are to many the most in
terest ny part of the collection, but for
the tudent of ethnology, to the one in
terested in race history, there is an in
exhaustible mine of information ready
to his hand. There are twelve old
trIba totems of different designs grac-
ing the large room in awesome majes-
ty. / here are dozens OF carvings, grave
| figures, feast bowls, tamanawas, en-
olems of every description. There are
hundreds of dancing masks and head
dresses i'm infinite variety. There are
all kinds of bunting and fighting imple-
nents, kyaks of skin, and canoes of sew
.ra' varieties. A wonderful collection of
ancient stone implements has been
given close attention by the captain,
who has sought particularly to make
his collection educational in character
He Is constantly adding new treasures
received from the agents he has em-
ployed in the interior of Washington
and Alaska to secure rare and interest
ing articles. On his last visit he
brought to the museum quantity OF
carved pieces of black slatestone, the
reasured work of worthy member OF
The Chilcat tribe, very rare and very
eautiful, even in the esthetlc, rather
han the scientific, sense. This work
IS exceedingly rare, and was purchased
1t great price. 1t adds enormously
10 the collection, showing the high
,rtistic development of some of the
western tribes, and, an interesting
point, the similarity of their ideas and
workmanship to that of Asiatic peo-
ples."