davidaulloa/AmericanStories huggingface dataset:
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-11-15
THE LONDON MARKET.

LONDON. Nov. 15.-American securities
opened dull and heavy today. Union Pa
cihc and Chicago. Milwaukee and st. Paul
were supported and advanced slightly, but
the rest of the list eased off and at noon
prices generally were u to a point below
yesterdays New York closing.
Amerlen took further ,arge amounts OF
bar gold ard American eagles, totalling
Ne7S2, 600, from the Bank Of England today
for shipment to New York on the new
Cunard line steamer Mauretania tomorrow.
Prices on the Stock Exchange eased all
round on the prospects of dearer money.
Consols lost TIC on the day and there was
considerable liquidation in other direc-
tons.
Receipt of New York's market opening
steadied prices for a time, but renewed
selling caused a reaction. The~close was
weak.
The continued heavy drain of gold to the
United States has led to marked uneasi-
ness, both in the money market here and
on the stock exchange and general opinion
inclines to the belief that the Bank Of
England's rate of discount will be raised
to 8 per cent. on Monday next, Novem-
Der Is.
The directors of the Bank of England
met today and considered the situation.
but, as usual, the utmost reticence was
maintained regarding the result of their
deliberations. AS France refuses to ship
gold direct to New York, and as the z per
cent. bank rate has not stopped the Amer
lean demand, lnanciers here see no other
means of checking the flow, except by i'm
posing a prohibitive bank rate.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-11-15
NOTE WAS PROTESTED
AND STOCK R N
Bankruptcy Referee Finds Knotty Prob.
lem to Untangle in Hey
man Suit.

Referee Edwin G.. Adams has a
knotty problem before him for decision
l n the bankruptcy proceedings of ST.
mon Heyman. 1t seems that Mr.. Hey
man had his furniture and store Az
lures insured against fire by Tanne-
baum Son & Company.
Mr.. Heyman GAGE Moses Tannebaum
a note for $500 in payment of the claim
for the insurance. The note was pro-
tested, and the Tannebaums cancelled
the insurance. Now the latter want
Mr.. Heyman to pay the $500 for the
Insurance that was placed. Moses Tan
nebaum showed contracts with Hey-
man for the placing of the insurance.
Louis Hood, as counse for the bank
rupt merchant. inquired if the Tanner
baums had paid the insurance COM
panies the premiums. He was given a
negative answer, whereupon he said
that If the premiums had not been
paid the fire insurance the
policies were not in effect. The Tan
nenbaums say that makes no difference.
but thai the contracts with Mr.. Hev-
man show his obligation to pay the
$500.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-11-15
JAPAN WANTS DUTY ON
GOODS TO KOREA RAISED.
San Francisco Requests Congress to In
vestigate Alleged Overriding of
American Treaty.

SAN FRANCISCO, Nov. 15.-The
Chamber of Commerce of this city re-
solved last night to ask the California
delegation in Congress to inquire into
the action of Japan in an alleged at
tempt to override the treaty existing
between the United States and Korea,
with the result that goods from the
United States will be charged the same
rate of duty in Korea as in Japan.
This would mean an increase of from
40 to 80 per cent. on American ship
ments to Korea.
The matter was called to the atten-
ton of the Chamber of Commerce here
by H. H. Hubert, who, 1t is said,
is the official representative insAmerica
of the deposed Emperor of Korea. Hull
bert addressed a communication to
the Chamber of Commerce, in which
he stated that Japan had taken the
initial steps Of a course which, If car
ried to fulhlment, would mean the de-
struction of American influence, not
only III Korea, but in China as we'll.
The United States has a close trade
treaty with Korea. Under this agree
ment American goods enter the Her
nit Kingdom" upon the payment of a
z per cent. duty. In the process of
recognizing the affairs of Korea,
Japan has undertaken to revise its Gus
toms union between Japan and Korea
with the same rate of duty for Korea
as Japan. The matter will be brought
up. if possible, at the approaching ses-
sion, and will probably take the form
of an inquiry, calling upon the Presi-
dent for a report on our relations with
Korea and Japan.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-11-15
IMPOSSIBLE TO MAKE
COPPER, REMSEM SAYS,
American Scientist Declares English
Chemists Experiments Are
Disappointment.

BALTIMORE, Nov. 15.-That the re-
cent experiments of Sir William Ram
say, the English chemist. are not likely
to result in the artificial manufacture
of copper, was the sum of President
Ira Remsen,s address before the Scien-
tifc Association of the Johns Hopkins
University. DIR. Remsen's subject was
1.-THE Work of Sir William Ramsay on
the Action of Radium Emanation on
Copper" DR.. Remsen, who is a notable
chemist, said:
Ramsay has made it appear very
probable hat when what is called ra-
dunn emaoation is allowed to stand In
contact with a solution of copper sui
plate or copper nitrate a very minute
quantity of @lithium is formed. If this
be true it Is evident that the substance
we call copper, which we have hitherto
regarded as a stable elementary form
of matter, is capable of undergoing at
least a very slight decomposition.
While Ramsay has made it extreme
ly probable that a minute quantity of
the element lithium can be obtained
from copper by the action of radium
emanation. the fact should be empha-
sized that this change takes place only
to a slight extent, and it does not seem
probable that any method can be de-
vised by which it can be markedly in
creased.
ITO the chemist and physicist Ram
says results are of special interest be-
cause they promise to throw light upon
that important problem. h constltu-
ton of matter. Those who are looking
for practical results in the sense in
which that expression is commonly used
will be disappointed. There is nothing
in these experiments to suggest the
possibility of making copper artificial
w."
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-11-15
VIEW Jersey COrporatIonn.

TRENTON. Nov. 15.-Certlhcates of in
corporation were yesterday granted to the
following companies:
The Rigid Reinforcement Company; reg
istered office, Jersey City, agent, Frank
F.. Neal; capita, stock. s100, COO; incorporat-
ors, Frank +. Neal. Henry c.. Hunter and
William b. Banker; to do general con-
tracing. etc.
Newark; agent, Edmund w. Zeb or Paul
r. Hahnemann; lncorporators, Edmund r.
Zeb, Paul r. Hahnemann and Herman f.
Woodford. Grouse e. Stcll; registered Of
fee. Camden; agent. New Jersey Corpora
ton Guarantee and Trust Company: cap
ital stock, 25.o00: ncorpQrators, Samuel A.
Woodford. William G. Grouse and Thomas
Stoll; TO deal In pianos.
Riddell-Born Company; registered office,
Camden; agent, New Jersey Corporation
Guarantee and Trust Company; capital
stock, 800 900; incorporators, L. j. Riddell.
Charles NJ. Born and James A. Simpson;
to manufacture and deal In clothing. etc.
Ralph, Croft q Co; registered office,
Camden; agent, New Jersey Corporation
Guarantee and Trust Company; capital
stock, 10000; incorporators, Yancey w
Ralph, Abraham J.. Croft and George II.
y. Martin; to deal and trade In horses.
Isle of Pines Transportation and Supply
Company; registered office. Westmont:
agent. John Quincy Adams; capital stock,
100000; incorporators. Leonard A. Whit
uey, Frank w. Harper and Morris r.
Briggs; to carry on a shipping, transporta-
tion. supply and general merchandise bust
ness. $3.50
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-11-15
WALL STREET
DECLINE IN PRICES MARKS
OPENING OF EXCHANGE.
Slight Rally Follows in Principal Stocks
but Improvement VA Only for
a Short Time.

NEW YORK, Nov. 15.-Opening prices
yielded easily before comparatively light
selling orders. The declines ran in Cana
dian Pacific to ~. General Electric Ia,
New York Central IN. the Hartman Pa
cities, st. Paul, American Sugar and Amer
lean Locomotive l and the Hill stocks,
Reading. Pennsylvania and United States
Steel preferred large fractions.
: II a. m.-The depression was partially
overcome and Reading. Union Pacific and
st. Paul rallied sharply. A later break in
New York Central car led the list to give
way again and some additional material
declines were made. Both the Eastern
and Western trunk line stocks were sold
freely. Atlantic Coast Line receded AZ.
General Electric l. ST.. Paul preferred 8,
Canadian Pacific and New York Central
"a, Baltimore and Ohio, American Loco
motive and American Can preferred 2,
Union Pacific, Missouri Pacific and Penn
Gylvania 1%, Great Northern preferred.
Rock Island preferred and Reading first
preferred ", American Sugar preferred 1%
and Northern Pacific. Louisville and
Nashville, National Lead, American Lo-
comotive preferred, Republic Steel pre-
fered and Western Union !.
II ma few stocks were acutely de-
pressed. but the effect on the general list
wa more moderate. American Smelling
was forced to sale at a total decline of
3k. Its preferred stock, Union Pacafic,
Northwestern. Denver and Rio Grande,
National Lead, Consolidated Gas n
American Sugar made declines of 2 to 2%,
and Southern Pacific, Northern Pacific
and Reading IL to Ia. Bonds were irregu-
lar
l p. NTH general market resisted for
Il whie1A the heavy selling Of the Harri-
man stocks, but broke afterwards when
u. s. Steel preferred weakened and the
Hill stocks began to be sold. The copper
stocks were not much affected on this
decline. Kansas City, Fort Scott and
Memphis preferred declined 5, Consolidated
Gas S1k, Union Pacific SA. Southern Pa
cifc 3s, Chicago, st. Paul, Minneapolis
and Omaha and Westinghouse Electric,
American Wooden preferred "a, Missouri
Pacific 21s, Northern Pacific, Southern
Railway preferred and Brooklyn Transit 2,
and u. S. Steel preferred and American
Telephone III.
2 p. m.-Business fell off greatly, but
there was no cessation of the decline in
which New York Central, Reading and
Atchison were prominent. Westinghouse
Electric got down 5 points, Consolidated
Gas "A, Union Pacific 81, New York Cen
trail 3N, American Locomotive 3, Pressed
Car Steel preferred and Pullman "a Read
ing and st. Louis and San Francisco Sec
ond preferred 2h, Atchison IN, Great
Northern preferred, Norfolk and Western,
United States Steel preferred and Dis
tillers' Securities 2, and Amalgamated Cop
per IL.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-11-15
BARNEY'S DEATH SEVERE
BLOW TO NEW THEATRE.
Financier Was the Most Active Person
in the Movement for It's Lib
eral Endowment.

NEW YORK, Nov. B.-The death Of
Charles T. Barney, the financier. is a blow
to the project for the New Theatre. an In
stitution that is to be so literally endowed
that commercial considerations could be
completely ignored in the production of
plays. He was active in the movement,
and it was settled that he was to be one
of the thirty founders who were to con-
tribute $1,000 900 apiece.
According to the plans, the New Theatre
was to be opened some time in the autumn
of 1908. Opera comique was to be given
on one or two nights a week, the others
being devoted to the more serious drama,
and in an attempt to foster the American
drama by the production of plays b y
American authors.
Otto II. Kahn, the banker. who Is also
deeply interested in the project, said that
the effect of the death OF Mr.. Barney on
the plans of the New Theatre would not
be known until the founders had met and
discussed the situation. There is to be a
meeting some time this month.
MIR. Barney was the most active of nu
the founders of the New Theatre" SILL
| Mr.. Kahn, and / don't know Just what
| we will do now that we are deprived o. ms
| efncient help. He has been a leading spirit
IN the movement from the start, and MS
death win be a sad shock to all of us"
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-11-15
DRUG FAMINE POSSIBLE.
Lecturer Calls for the Cultivation Of
Medicinal Plants.

IF. as has been asserted. there Will soon
be 200. 100000 persons in the United STATES,
we must engage in the cultivation OF
medicinal plants or there will not be enough
drugs to keep them alive
In this facetious way did professor
Henry Kraemer drive home an important
truth in a lecture at the Philadelphia Col-
lege of Pharmacy, says the Phiiadeipnla
Ledger. He was talking on The Cultiva-
ton of Medicinal Plants" and his cnlel
argument was that at the present rate al
which forests and their wild growths Were
being destroyed the pharmacists woulo
eventually be unable to fill physicians
prescriptions. !,
1.-The medicinal plants grow wild, nc
said. but the acreage needed. 10 grow
wheat and other foods is daily increasins
and. naturally. there is being cut on tnt
old source CT supply upon which we havt
relied for our plants.
I'VE grow about three-fourths OF tht
medicinal plants in use and import INT
rest. but we could cultivate half OF thos
we get from other countries.
Professor Kraemer declared that the cui.
tivation Of plants for medicinal use coule
be made q profitable industry.
In proof Of this, John A.. Bornemann
another lecturer, whose topic was tn'
Cultivation and Naturalization Of Foreig1
Medicinal Plants. told OF his success II
this direction on a farm at Fox Chase
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-11-15
BARNEY'S NEW JERSEY
REAL ESTATE VENTURES.
Owned a Large Number Of Houses in
Nutley and Extensive Old Estates
on Passaic River.

John D. Baker, who lives at III Second
avenue, this city, was confidential secre-
tary to Charles T. Barney, president OF
the Knickerbocler Trust Company, who
committed suicide yesterday in his New
York residence, and who was the father
in-law of Assemblyman Archibald ).
Alexander. of Hudson County.
Mr.. Baker said today that he was with
MIR. Barney at the New York office
Wednesday, and, though his employer
was greatly depressed, as he had been
since he resigned from the Knickerbocker.
his actions gave no indication thai he
contemplated self-destruction. He added:
ut is impossible for me to discuss Mr..
Barney's affairs outside of the con-
nection with the Knickerbocker. That
he was interested in many business and
financial enterprises, including real estate
transactions, is generally known.
Mr. Barney was heavily interested in
real estate at Nutley, his interests there
being, it is estimated, in excess of $1,000
600. James R. Hay. a wealthy man, who
lives In 1.-THE Enclosure at Nutley, was
associated with Mr.. Barney in the owner-
ship of over 200 acres of land in Nutley
and West Nutley. 1t is more thanstWenty
years since Mr.. Barney first began to in
vest in Nutley, buying in his own name
and through other men. He built the
Nutley water WORKS and sold the plant TO
the town. OF recent years he bought real
estate for improvement and investment.
In this way Mr.. Barney had built and
owned at his death more than fifty houses.
which are rented to residents of Nutley.
The Barney-Hay holdings lie along Pros
pect street, Vreeland avenue, the River
road, Washington Avenue and Nutley ave-
nue.. They embrace a large tract of pri-
vate park development known as The In
closure" where Hay lives.
NJ. Barney was head of the Nutley
Loan and Improvement Company and was
identified with other enterprises. His son
has lived In Nutley from time to time in
the summer season, but the elder Barney
has never had a home in the place, Out
side OF their joint real estate holdings.
Mr.. Hay has entirely independent inter-
ests in Nutley, such as his connection with
local financial institutions, with none Of
which had Mr.. Barney ever been connect
ed.
Outside of his separte parcels in Nutley,
most of which have been built upon for
residential purposes, Barney had acquired,
comparatively recently. a number of large
old estates located along and near the
Passaic River, which he was holding for
DEVELOPMENT.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-11-15
NEWARKERS PHARMACISTS
six Among Those to Receive Licenses
from State BOARD.

TRENTON. Nov. 16-The State Board of
Pharmacy has announced that licenses
have been granted TO the following per-
sons who passed the recent examinations
here.
Registered Pharmacists-Emil o. Beiz,
James r. Fazio. Peter A.. O'houghlin, De
Witt w. Slice. Newark; James w. Beck
with. Passaic; Pasquale Cataidi and Abram
B. Schectman. Orange; John Cohoon, Sam
uel r. Sykes and Saul Solomon Taub,
Paterson; Harold ]. Emmett. New Bruins
wick; Charles A. Heffner. Sidney K. Hunt
and Herman SmIthwine. New York; Harry
Reinstin and Edward H. Struckmnnn, Jer-
sey City; John A. Saln. jrs Elizabeth.
Registered Assistants-Russer A. J.
Mudhank, Bala, Pa; samuel Kahn and
Abraham Rosenberg, Newark; Edward A
Krom. East Rutherford; David w. Reith
and Charles W. ~sehappert, Of Jersey City
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-11-15
BANKRUPT STORED GOODS,
OLD EMPLOYEES TESTIFY.
Tell of Carting Stock to Private House
Few Days Before Merchants
Failure.

While t~estifying before Referee Adams
In a bankruptcy proceeding a queer story
developed. The examination was held to
establish the liability Of Joel Kuperberg,
recently failed IN business. Two for
mer employees, Morris Rosenberg and
Joseph Schwartzberg, told a story that,
after Kuperberg had decided to take ad-
vantage Of the bankruptcy act, he UNI
folded his intentions on the matter.
Rosenberg swore that a few days prior
to his employers failure Kuperberg Or
dered him to carry a large quantity OF
goods from the store to a house at 81
Charlton street. This was done, and
Rosenberg further added that Kuperberg
told him that after his trouble had blown
over he intended starting in business
again.
Schwartzberg swore that he helped 70
load a truck with the goods spoken OF py
Rosenberg. 1t was the opinion OF the
witness that $500 In silk goods peen
token from the store prior to closing II up;
This testimony caused much comment
among the interested listeners.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-11-15
WAS
NOT RUINED
FINANCIALLY


Continued from FIRST Fnge,j
Company for many years, and mad seen
it grow from a Comparatively obscure
concern to one of the leading financial
institutions of the city. Then, almost
without warning. Hcame the crash.
The resignation of Mr.. Barney as
president of the K~nickerbocker was
accepted by the directors of the insti-
tuition, and the next day the great
trust company, with obligations to its
depositors amounting to nearly $70,00O,-
goo, was forced to suspend payment.
In the run which lasted less than q
full day the enormous total of $S,000.0OU
was paid across its counters. After
noon saw the big front doors closed and
the issuance of a notice that the COM
pany a found 1t necessary to tenn
porarily suspend payment.
With his departure from the trust
after his resignation as
president Barney was seen but seldom,
even by his intimates. For nearly two
weeks. even while the financial storm
was at the height of its intensity, he
did not appear at his office. A few
DAYS ago, however. at the urgent
solicitation of friends that he step into
the breach and do what he could to
stem the tide which was sweeping
away his fortune, Mr.. Barney resumed
an active. interest in his business
affairs.
That his health had suffered severely
in the interval was apparent. He was
worn, haggard, troubled. The struggle
was hardly worth while. he told his
friends. He had given his life to the
upbuilding of a fortune and a reputa-
ton for business integrity. n he
feared that both had been ruined. The
tangled ends of his many big business
enterprises were quickly brought to-
gether. however, and tn re was every
assurance, bis associates say that he
would weather the storm with q big
margin, maybe a fourth of his original
fortune, to spare.
But Mr.. Barney would not be COM
forted by that financial ruin
had been averted. He brooded over
the blow which had been dealt his
business reputation, and of the losses
which he believed some of his friends
had sustained indirectly through him.
It was in a moment of intense depres-
sion. brought on by thoughts like these,
his friends believe. that he fired the
shot which resulted in his death.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-11-15
THE COTTON MARKET.

NEW YORK. Nov. 15.-The cotton mar
ket opened steady, at a decline of 3 to 8
points, and during the early session sold
Off to a net loss of 6 to 5 points on the
active months under scattering liquidation
and bear pressure, which was promoted
by lower English cables, reports of cur
tailment in spinning circles and an I'M
favorable opinion of the trade outlook.
Busi6ess was less active at the decline,
but, while there was no sign of bull
CLIQUE liquidation, the market developed
little rallying power, and prices were
within a point or two OF the bottom during
the middle of the morning.
Later in the forenoon the market weak
ened under bear pressure and liquidation
with active months about IL to 10 points
net lower at midday. December continued
to maintain a premium of about 40 points
over January, and there was no sign of
clique liquidation; neither was there any
aggressive support from that source
Quotations furnished by Van Scha'ck
O o.k0
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-11-15
REIp gupeMENT REDUCED.

'ange representing John l. Reid. Of
this city, against whom a verdict for
$3.50 damages for an alleged defective
Of Mrs. Florence H. Dunning, of West
Orange, was given in the Orange Dis
trict Court last week.. applied to Judge
verdict set aside. Judge Jones asked
If the plaintiff. Mrs. Dunning, would
accept $125, half the amount awarded
her last week. Thomas A. Davis, for
and a Judgment for the reduced amount
WAS entered. Mr.. Lord Will. how ever.
appeal the case.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-11-15
MORE STOCKHOLDERS IN
TIE BIG CORPORATIONS.
Books Of Both Railroad and Industrial
Corporations Show a Very Con-
siderable Increase.

NEW YORK, Nov. 15.-The leading rail-
road and industrial corporations have
given the journal of Commerce the num-
Der Of stockholders on their books at this
time and one year ago, from which it is
evident that securities are being gradually
assimilated by the people. Had the figures
In each case been compiled since the Oc-
tober panic the increase in stockholders
would have been much greater.
Tho returns cover thirty-five leading in
dustrlals, with 152, IA stockholders and ST.
IN, 900 capital this year. against 134,9gO
stockholders and 81, 10000 a year ago; also
eighteen leading railroads. with 50, 2S1
stockholders and 81, 1897, 100000 capital this
year, against 6s,S5S stockholders and ST.
29s. 900. coo capital a year ago.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-11-15
Hudeon IncorroratIons.

JERSEY CITY. Nov. 15.-Articles of in
corporation of the Rigid Reinforcement
Company were filed with the County Clerk
yesterday. The company will manufacture
reinforcement for concrete structures and
: other building materials. The office is al
76 Montgomery street. this city; the reg
istered agent being Frank F. Neal The
capftai is placed 1T 100000. divided into
1000 shares of the par value OF 500. The
incorporators are Frank F. Neal, Spark
hill. N. r.. fifty shares; Henry c. Hunter
z 900 Broadway. New York.. 100 shares, and
william 3. Banker, OF 227 Van Houten,
Passaie. n. j.. 100 shares.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-11-15
STANDARD OIL DIVIDEND
TO BE PAID EARLY.
Is Same as Last Year and Money will
Come in Time for Thanks
giving.

NEW YORK. Nov. is The directors of
the Standard Oil Company today de-
clared a quarterly dividend of $40 per
share on the capital stock. This is the
same amount that was declared in CORE
spending quarter last year. The dividend
is payable on November 26.
Ordinarily payments for this quarter
are made ON December Is. but it was an
nounced that the earlier date was named
this year because of the present financial
conditions.