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The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1906-06-01
J rs, LALAl,S STOCK MARKhT

4 tContined on Eighth Page.l
The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1906-06-01

and Brokers, 81 Broadway. New york.
And 10 Center street, ,tew Haven. Conn
Open. High Low, Close
The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1906-06-01
cal Development, Etc.

Taking--The Big Outlook for Electro
cal Development, Etc.
Yesterdays stock market was charac-
terized by considerable strength, ana
though business was dull, there was
activity in a few stocks which record
ed higher prices.
There was a manipulated break in
Pennsylvania, owing to a false rumor,
but on the denial of the rumor the
stock rallied. The rumor was that the
roads loan in Paris had been turned
down.
There were various favorable fea-'
lures, such as the returns of another
large amount of currency from Frisco.
This reached $3,4O0,00O, or total Of
very nearly SS,0OO,OOo for the week.
Washington dispatches said that the
treasury officials reckoned on the re-
turn from the coast of $40, O00 900 to $685.
100000. Another evidence Of approach
ing easier money was the engagement
of $1,50O,0OO gold for import, the final
engag cement Of the sort under the treas
ury ruling of April IA. All this is re-
garded as pointing to continuation Of
easy money.
Good earnings were reported for April
by several railroads. The illinois Cen
trail gained $4S7,474 net. incidentally
the stock rose ID points on the old story
Of Hartman buying for the Union Pa
cific. The Rock Islands system in
creased it's net $449, 707 and has a large
enough net gain for the ten months to
insure continuance of preferred stock
dividends. The 800 line earned $170,-
OOO Chesapeake and Ohio $1S6,000, Wis
consin Central $4,000 and the Mexican
Central $4,000.
The regular 1-2 per cent. dividend
on Missouri Pacific will be declared
next week.
Stocks sold off on the late trading on
profit-taking sales by those who had
bid prices up In the morning The
losses extended to a point or more in
some issues.
(Ccntinedr on Eighth Page1
The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1906-06-01
NEW HAVEN MORNING JOURNAL AND Cot2IER FRIDAY JUNE
Our Record.

S2ooo,ooo Resources and s. years of business in this
city indicates ability to SAFELY handle your banking
Courtesy and Consideration for small and large depos
ors alike IS one reason why this bank has depos
tNrs to-day
There are many others-new accounts invited
THE YALE NATIONAL BANK,
TEMPORARY
2s1 State o wONste
The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1906-06-01

On the New York Stock Exchange
reported by Prince 4 Whitley. Bankers
The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1906-06-01
The Union Trust Co
NEW HAVEN.

NEW HAVEN.
CHARTERED by the State OF Con.
" necticut with authority to act as
Executor, Administrator, Guardian, Re-
ceiver. or Trustee, under will or deed
Is legal depository of money paid
into Court and public Trust Funds.
Acts as Trustee for Municipalities Corr
porations and individuals. and admin
listers trusts of all kinds. Empowered
TO act as registrar of stocks, bonds or
other evidence of indebtedness, manage
sinking funds. and do all business such
as usually done by trust companies.
1t also does a general banking bus
mess, collecting checks, notes. coupons,
aud receives deposits. The principal Of
each trust is invested by itself and kept
separate and apart from the general
assets Of the Company.
This Company is by law regularly ex-
anined by the bank examiner of the
State of Connecticut.
HENRY L. HOTCHKTsS, President.
EUGENE s. BRISTOL. Treasurer.
The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1906-06-01

he following are the closing prices
reported by Prince & Whitley, Bankers
ana Brokers' rs Broadway. New York.
ana Is Center street. New Haven:
Bid Asked
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-03-21
CHICAGO CLOSING QUOTATIONS..
MONEY AND EXCHANGE,

Money on call. .4tsd5H per cent. last loan,
~, per cent ruling rate, ~ per cent. time
money. quoted at 81 per cent. for sixty TO
5aSH per cent. fol Ave and six months. COM
mercial paper quoted at $685. per cent. for
prime single names and bills receivable;
other names. 9 per cent.
The foreign exchange market was easier
to-day. demand sterling. rates showing a net
decline for the day of 10 points. Posted
rates were quoted at s4.s3li for long bills
and A.s7 for short. Actual rates. Long
bills. S4.s24onS 81 $3.50: sight drafts, A.s5eOS
tt,s56s, and cable transfers, - .ss05d q. s6lO.
plus i-S2 for short. Reichsmarks were quoted
at "a 3-l8 for long and 94It plus l-32 for short
Guilders were quoted at 30. rs for long and
40 less lag for short.
Domestic exchange on New York: Boston
Par and iOc. discount. .Chicago-No market.
CharlestonmBanks. buying, par selling. l.iOc
premium. Cineinneti,,l5Gao zoe. discount; Mon
banks, 81 premium. st; Paui-+5c, premium.
Minneapolis-45c. premium. Louisville-3Oc
premium, San Francisco-25c. premium. 81.
~Iouis-20d3oc. premium.
Money In London. 3dt per cent. Rate Of
discount, IN, open market for short and three
money closed al soi and for the account at
30 e-i0. Paris adyices quoted 3 per cents At
90 francs 80 centimes. The private rate OF
discount is 3 per cent. Exchange on London,
rs francs 10 confines. Berlin advices quoted
exchange on London 20 marks so pigs. The
private rate of discount Is 4 per cent.
New York Clearing House statement: Ex-
Sub Treasury credit balance. $500, e7S.
Commercial. price OF bar silver in New York,
e5Hc. Bar silver In London closed at 9ohd,
Mexican silver dollars were quoted at soc.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-03-21

She outside market was quiet. but with a
good UNDERGONE. and most issues showed an
improving tendency lust before the close.
hut II was Enthusiastically firm in spite of the
attack from Boston, which apparently had
some effect on Butte Coalition. Boston Con
solidated was strong on rumors that the
merger negotiations might be reopened.
Other copper stocks were stronger as a rule,
the close being generally at about the highest
prices of the day. Mercantile Marine issues
we're weak, but the fractions acted fairly
we'll. Mqckay, was firm, American Can issues
we're dull. Manhattan, Transit was active
fairly strong.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-03-21
EXPORTS OF MERCHANDISE.

Exports OF merchandise from the port OF New
York as reported TO the Custom House compare
as follows With those OF last week and OF the cor
responding week q year ago:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-03-21
The semi-weekly interior movement was as

The exports from the ports were 3,344
bales.
Futures declined 80 TO az points. but re-
covered part Of the loss, closing 20 to 2l lower,
with the tone steady and the estimated sales
900. 600 bales. Prices as follows:
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-03-21
THE OUTSIDE M4RKET

'Ex dividend. ZEN rights.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-03-21
ENGINEERS.
DAILY TREASURY STATEMENT.

WARRINGTON March 2O.-The statement Of ~
ceipts and expenditures Of the Treasury shows
This Day. This Month. Fiscal ! sT-,
Receipts SEQ. sl,Oa6. s2i sci .5ls.s2l SAP. So. 80,
Expenditures 100000 80. 100000 i26,a42 '''
Detclt..-... S4+s.o7s $751; 10 Sur. &coisS
The receipts from customs to day were s7ls.S'N,
from internal revenue. S25S. $50. and miscellaneous
t5I sos. National bank notes received for redew?'
ton. 81, 02s. 80.
The cash te,ement OF the United States Treasurer
for MaHh N shows!
RBsERvE FUND.
Gold coin and bullion ............... $4,000 80
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-03-21
PHILADELPHIA QUOTATIONS.

sES dividend. 'EH rights.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-03-21
THE BOSTON MARKET.

Boston, March 20.-The copper market wa9
devoid Of feature to-day. Amalgamated and
United Copper were the most active. OF tho
list, the former opening at 1881. selling to
1885, and closing at a net gain Of two points
from the opening sale. United gained 4
point from the opening on sales OF LABS shares.
American Pneumatic Service was again the
feature In the industrial list, closing strong
at about a point above last nights closing.
The sun. [volume] (New York [N.Y.]) 1833-1916, 1906-03-21

In Liverpool spot cotton advanced 1 point.
MiddlinR. SID, against 4.S4d. last wear.
Sales. 5000 bales; imports. "a. 900. Futures
declined I to 2 points. closing as follows:
Fort Pierce news. (Fort Pierce, Fla.) 190?-1920, 1906-11-16
BASEBALL ON THANKSGIVING
Arrangements Have Been Made
for Two Good Games.

Arrangements have been made for
an afternoon of sport for Thanksgiving
day. The Woodmen of the World and
Odd Fellows lodges have arranged for
a game of baseball between the two
orders and the contest will be pulled
off at one o'clock so as to allow time
for another game which has been an
nounced, A
What will probably be the last
game Of the season will be played be-
tween the Jensen and Fort Pierce
teams and it promises to be one Of the
best we have had yet. These two
clubs always put up hard fight for
the honors Of the day, and always
draw good crowds to see the games.
Thanksgiving being a holiday, it is
hoped larger crowd than usual will
be out to witness the contest and the
boys promise game worth SEEING
The lineup for the team are as follows;
Jensen Fort Pierce
Fort Pierce news. (Fort Pierce, Fla.) 190?-1920, 1906-11-16
CITY NOMINATIONS ARE MADE
Caucus Held Saturday Night To
Name Town Officers.

Pursuant TO the call published last
week mass meeting of the citizens OF
Fort Pierce was held in the Improve
ment Club hall Saturday for the pur-
pose Of nominating officers to be voted
for at town election in December
The caucus was called to order by
Mayor F. H. Fee, who stated the OBJ
iect Of the meeting and read the call
A temporary organization was affected
by electing Jas. e. Andrews chairman
and f. L. Hemmings secretary,
The following resolution was intro
ducedsby F. L. Hemmings and passed.
"Resolved, that this caucus shall
certify to two names as its nominees
for the offices OF Mayor, Clerk and
Marshal, provided there shall be two
nominations made. II the re are more
than two nominations then secret
ballot shall be taken and the two per-
sons receiving the highest number OF
votes shall be the nominees OF TINS
caucus. In the case of Aldermen, II
there are moro than six nominations
then each member of the caucus may
vote by ballot for not more u IN three
names aud the six receiving the high
est number shall be the nominees Of
this caucus"
The offices to be filed at the coming
election are mayor, marshal, cler auc
three members Of the city eon'cll
The officers whose terms expire
wear are Mayor F. H, Fee, Marsha
IT.. Alderman, Clerk 2. ~ Tyler
Fort Pierce news. (Fort Pierce, Fla.) 190?-1920, 1906-11-16
Entertainment at Jensen.

An entertainment will be given at
Jensen this evening for the benefit of
the Union Christmas tree. The faculty
of the Jensen high school has the man
agement and arrangements in charge,
and that is assurance that each number
will be OF excellent quality. They ex-
tend cordial and pressing invitation
TO the people of Fort Pierce to be pres
ent. A small admission will be charged
The following is the program to be
rendered:
Trio-Misses McClinton, Racey and
Schuyler.
observation-disclosures Bray.
Vocal Solo-Mr, Gilmore,
Duet Mrs. Hoke and Miss Gary.
Recitation-M ande Miller.
Piano Solo-Miss Schuyler.
Vocal Solo Mrs. Hardee.
Duet-Misses Gary and Jessie Miller
Observation-Disclosures Fredrickson.
Duet Messrs. Heller.
Farce--The Country School
Refreshments and dancing.
Parties desiring to attend from Fort
Pierce may leave on the six O'CLOCK
train and return at u:65. There will
,e number from here who VIII atten'
and help the ladies and gentlemen o
sen in their laudable undertaking o
Fort Pierce news. (Fort Pierce, Fla.) 190?-1920, 1906-11-16

Years ago when Fort Pierce was
only a name and when the country
round about was little less than a wal
darness. the Florida Canning Company
started what purported to be factory
for the canning Of Indian River
oysters. This, however, did not prove
spccessfuI venture and P. T. COBB
houobt the stock Of merchandise and
continued business in that l'ne' ana a.
~ Years rolled on the country settled
nm and Fort Pierce grew to a thriving
town. Mr.. Cobb's business grew IN. - !
,,te manner and today the floor space
Fort Pierce news. (Fort Pierce, Fla.) 190?-1920, 1906-11-16
Looking over Our Country.

Harry L. Brown, editor and business
manager of the St. Augustine Record,
arrived in town Wednesday evening,
accompanied by Herr N. Kaumanns,
Of Berlin, Germany, who is Imperial
Agricultural Attache of the German
legation TO the United States, and who
Is studying the agricultural conditions
q our country. The above gentlemen,
with A. K, Wilson, of the Tribune, and
Fred Fee, drove out west OF town yes
tecdey morning to view that section.
~ The afternoon Col. G. 7. McCarty
vs. empsnied them on drive down
lefo'eh the famous pineapple belt az
81 eo'Sh IS Jensen, whore they expect
% poarn the southbound train for points
Fort Pierce news. (Fort Pierce, Fla.) 190?-1920, 1906-11-16
Motoring MORGAN
Wants MOr6 Roads

w. j. Morgan, Of New York, better
known as motoring Morgan" who Is
the promoter OF the automobile races
at Daytona-O rmond beach, is also In
terested In the good roads movement,
to the extent of promoting motoring
in Florida, aside from the races. Mr..
Morgan has written the Times Union
in regard to Florida roads and
his lstter will be of interest to st.
Lucie county residents just now that
we are on the eve Of good roads cam
paign. Mr. Morgan says;
81 trust that the good roads enthus-
iasm in Florida is not confined to the
winter months, and that good progress
has been made the last summer in q
good roads way.
81 am in receipt OF many letters
written during the past few weeks ask
ing for particulars In regard to Florida
roads, and II it was advisable to bring
automobiles here this winter. The
letters are from no one particular To-
caiity, as yesterday l received letters
from Atlanta, Ca, Rochester, N. Y"
Boston, Mass, as well as from Duluth,
MINI. All of the writers want to
know what is the milage and location
of the best roads in Florida.
81 am only familiar with what had
been done on the east coast up TO last
winter and would be glad to learn from
the county commissioners what has
been done on the east coast last win
ter. If the west coast people will also
give me what information they can,
will see that it is used to the best adj
vantage.
"The Atlanta writer wished to know
II he can drive from Orlando to De-
Land and il the road from the latter
point is passabe for an automobile to
Fort Pierce news. (Fort Pierce, Fla.) 190?-1920, 1906-11-16
FLORIDA ORANGES
Being Well Received in the Ney
York Market.

Florida oranges are doing better than
at any timo this season and the trade
is learning that the quality IL Suoh that
It can take them safely. The receipts
this week showed good colored fruit
very sweet and brought o2.40 TO ~
This was for both russets and brights,
There is feeling that the orange
movement from Florida Is not going 70
be as heavy as has been predicted by
the press generally One OF the heavy
receiver a thrt yhau the papers
talked Fl rom Florida
that the quantity 20 nearer
8, 100000. Up to the pres ut time there
has been from three to our times ~
many oranges marketed as at the sAms
time last year. The distribution has
been very fine and both growers and
shippers have made excellent money.
The shipments are more satisfactory
this season than they have been for any
season for some time, The quality 70
all that could be expected, And from
now until after the holidays the trade
will be good. Buyers In the South
have realized that they must pay d OF
more for the fruit on the trees, and
this is being done. Florida snd Porto
Rico ought to dominate the market
until after the holidays. The quality
Is such that they will both discount the
green oranges which ere usually
shipped out Of CalifornlA early In the
season. 8'
Grapefruit from Florida e IN bstssr
condition. higher oOlored. and fAncs,
good sizes bring a and 40. Ths
range OF the bulk Of the stock 10 ~ 70
O.. There has been tendency on the
part Of shippers Of grapefruit 70 hold
back and some dealers thiuk this b ,
mistake. The market is In such soa'
dition that grapefruit II nice vill ell
readily, and It would be mistake 10
hold II any longer. The grapsffula
product Of Florida viii be 100 per coma.
greater than last year. In keeplng
the records Of the shipments OF citrus
fruit out OF FIorIds last year, the grape
| fruit and oranges were noe separated.
| It Is understood that these arc 70 BE-
separated this year. The total Of the
two will probAbly exceed lsss years.
crop. but ahere will be iess oranges
and more grapefruit. -New York Pruil
ard Predlce News.
Fort Pierce news. (Fort Pierce, Fla.) 190?-1920, 1906-11-16
PROCLAMATION BY GOVERNOR.
November Goth Designated as the
Day of Thanks.

In accordance with custom sacred
in the memory of the people OF Flor
ida, I hereby appoint Thursday, the
10Th of November, as a day OF Thanks
giving and prayer.
And recommend to all the people
of this state that on that day, in devout
assemblies in their respective places OF
worship, and in glad gatherings around
family fresides, they give thanks to
Almighty God for the prosperity which
fflIs our land with plenty, and for a
civilization which endears and conse-
crates associations Of homo.
And | further recommend that the
people make ready for this festival with
love, which binds all hearts and bright
ems all homes; and with charity, that
blesses alike both the giVer and the
receiver, so broad that it shall reach
its ne, dy one in the state.
Given under my hand and the Great
Seal of the State, at Tallahassee, the
Capital this 9th day of November, ir
the year of our Lord, One Thousand
Nine Hundred and Six, and OF the In
dependence of the United States the
one hundred and thirty-frst year.
[sEALl N. B. BROWARD,
By the Governor; Governor.
Attest: H. CLAY CRAWFORD,
Secretary of State,
Fort Pierce news. (Fort Pierce, Fla.) 190?-1920, 1906-11-16

Daytona.
"a Rochester physician wishes TO
know II he can make the trip In his
automobile from jacksonville to Nj
ami have written him that 1t might
be done, but that he would know that
he had been on q trip before he got
through with it. .sa H
II am sending out to newspapers .
short story on the possibility of On en-
durance test from jacksonville 70 MI
ami this winter. The result Of such
test would. think, do much TO show
the people of Florina that they are
missing good deal each year IN the
way OF travel and consequent revenus'
because of the lack of . pNssable road
the entire length Of tho peninsula.
"It is the writer's conviction that
Florida could be made very attractive
to automoblIists II fair system Of
roads prevailed. feel sure that u
would result In the bringing 70 Florida
Of host OF men Of means Who would
build winter homes between Jackson
Vile and Miami.
"There is no reason why this would
not he done, as the nearest winter re-
sort and the means OF getting there 10
good at the present time, and possibly
In few years we will see trunk road
from New York to Jacksonville, over
which automobiles can drive, IL they
want TO-
"Of course, when people get to Flor
ida they are we'll entertained. but IL 10
the getting OF chem there, and | feel
sure that good roads would materially
assist That laudAble endeavor.
II would like TO hear from everybody
interested in good roads, especially In
charge Of the roads Of the state.
"W.J. MoRa AM
Fort Pierce news. (Fort Pierce, Fla.) 190?-1920, 1906-11-16
6Ounty Court Gases
W6r6 Tried This W66k

court. They were sent back and At
torney McCarty moved to recall them
and instruct them to find verdict OF
not guilty, arguing that it the testi-
mony was not sufficient to justify a
verdict of guilty the defendant was en-
titled to acquital. The motion was
sustained and the jury under instruc-
tions from the court returned verdict
of not guilty. The defense claimed
self defense in his acts Of assault upon
the complainant.
In the case of State of Florida VS.,
Will Robinson, colored, charged with
trespassing the jury returned a YER
dict of not guilty. Attorney Otis r..
Parker defended.
Last Saturday in the judges Office a
case was tried in which Ed Johnson,
Charles Brant, Frank Billings and Otis
Swamberg were charged with unlaw-
full fishing. The defendants had been
using seines in Indian river around
Eden, and were brought up by Sherff
Lennard and Deputy Sheriff Tyler.
Judge Otis II. Parker appeared for
the State and Col, G, I. McCarty for
the defendants. The Judge fined each
of them $1,000 and costs, remitting
$1,000 to each during good behaviour,
and ordered the fish and game warden
to confscate the nets used by them in
this fishing. This being their first Of
Tense of the kind the court was lenient
and let them off with light fine and
a good lecture on the damage of such
acts to the fishing of our section.
Fort Pierce news. (Fort Pierce, Fla.) 190?-1920, 1906-11-16
JACK FROST'S EARLY VISIT
Mantle of White Does Little Dam
age to Pineapples.

This section was visited this week
by an unusually cold snap for this time
of the year. Wednesday morning the
thermometer registered IS degrees and
frost was visible at several points until
after six o'clock.
1t is reported that there was frost as
far south as Delray, but We have heard
no reports of damage done to vegeta-
bles or pineapples, At White City no
damage was apparent, and down the
pineapple ridge the crowns of the pines
we're nipped slightly, but the fruit was
10 perfect condition.
These cold snaps, coming so unex-
pectedy, often do great damage to the
tender vegetation, even though we are
so far south, but fortunately this was
not so severe as to result in any finan-
cial loss. A great saving could be
made to the farmers and others 1t we
had weather signals that could be
uoloJcu tbNA klNC wal hlhF VI pA'N ~
proach of cold wave, hurricane or
other disastrous weather condition. T.
+. O'Brien, government weather OBJ
server at this point, has been working
for an appropriation for flag pole oil
sufficient heighth and strength to hold
the necessary weather flags, but so far
his efforts have been in vain, although
Director Mitchell Of Jacksonville, has
promised to look into the matter. we
respectfully recommend this matter to
the Board of Trade and suggest that
they take up the cause with the proper
officials and see if they cannot assist
Mr., 0'Brien in securing means for
precaution against the repetition Of
the disastrous losses experienced al
various times in our section. Weather
signals displayed will give notice, and
preparations can be made to meet the
change when it arrives.
Fort Pierce news. (Fort Pierce, Fla.) 190?-1920, 1906-11-16

covered by his immense stock is equal
to any store on The East Coast.
Starting with modest one-room
building he has added to it at various
times until now it consists OF two
story bulldog, fronting on the river
seventy-five feet, and one hundred feet
on Palmetto avenue, with two smaller
buildings to the rear Of the big store
containing Two departments, while q
third is used as warsroom for surplus
stock. An addition is now being made
which will connect all these buildings,
thus making one big store Of immense