davidaulloa/AmericanStories huggingface dataset:
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-01-10
SENATOR ALLISON
GIVEN OVATION
SENIOR SENATOR FROM IOWA
WARMLY GREETED AT
WASHINGTON

IT, d w. r
Washington, d. G. Jan. Sc Especially
Senator Allison arrived Monday, &C.
companied by Private Secretary Nc.
Neeley. He was met at the train by
the entire delegation. He stood the
journey well and this morning is feel.
ing fine. He appeared in the senate
and was given an ovation, senators
crowding around to inquire as to his
health. He will assist as usual IN
the legislation, but will let others
to the heavy work, exercising supervi.
sorry charge of appropriations. He has
given no thought to the caucus on
federal appointment. Senator Dol,i.
Ger will probably go to Iowa within
few days and be present at the state
Legislature, although he has not the
slightest apprehension over the sena.
torial election.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-01-10
PRESENTED WITH
MINING STOCK
1000 SHARES IN GOLD MINE
GIVEN BY j. T. FLANDERS
TO NAMESAkE

T. J. Flanders of Spokane, Wash,
who has been visiting for the past
three weeks at the home of Mr.. and
Mrs. N. A. Flanders, 2O6 South Adella
street. has presented:their son, Thomas
Jefferson Flanders, his namesake,
with one thousand shares of stock in
the Marguerite Gold Mining and Mil
Zig company, of Hope, Idaho. Mr.
Flanders returned to his home in Spo
kane last Thursday accompanied by
his niece, Miss Alta Flanders.
The mine in which Mr.. Flanders is
Interested is one which he himself
first opened up and has helped to de-
velop. It has been worked for three
years and the company is getting
ready to install the milling machinery
of the plant. about $1,000 worth OF
ore. now mined is waiting the cree.
ton of the crushing apparatus.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-01-10
Ell EcT OFFICERS.
Magnolia Lodge, |. o. Of, Of Agency
Names Leaders.

Magnolia Lodge, !. 0. Of, OF Agency
Names Leaders.
Agency, Jan. AT the regular
meeting of Magnolia lodge, T. o. o. F.,
held January 5, the following officers
were elected for the year:
Noble Grand-E. Cary.
Vice Grand-C. Hopkins.
Secretary. +. Newell.
Treasurer-John Enyart.
Rev. 7. B. Hughes made an address
to the lodge members. At the conclu-
sion of Mr.. Hughes remarks the la
dies of Rebekah lodge had fine sup
per in waiting, which all enjoyed.
Other Agency News
Miss Clara Bryan has returned from
Pocatello, Idaho, where she has been
visiting friends for some Anne.
John Reeve has returned from
Ames, where he has been for some
time.
William Foster of Mediapolis has
been here visiting his daughter, Mrs.
John d. Newell. He went to Charlton
yesterday
Charles Enyart, who has been sick
for several days, is better.
John Springer has been elected to
fill the vacancy on the city council oc-
casioned by the resignation of Frank
Wheaton.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-01-10
THE CHARLTON wATERwoRKs
Work Progressing RapidIy-Chariton
News

!
Charlton, Jan. 9.-The work on the
waterworks tower has progressed rap
idly in spite of the inclemency Of the
weather The four large posts or pill
lars are in place and are 80 feet high,
on top of which will be the tank
Personal and Otherwise.
Miss Maud Coffman Of What Cheer
returned home Monday, after a pleas
ant visit with relatives here
There will be prayer meeting every
night this week at the Swedish Luz
theran church.
Mr.. and Mrs. William Parr are the
parents of son, born Monday.
Robert McMurray of Bloomfield was
business caller in the city Mon
day.
Miss Theo Bently arrived lastteven-
ing from Kansas for visit with rela-
tives and friends. She is enroute to
Des Moines to attend college.
Lester Shore returned to Indianola
last evening to resume his duties at
Simpson college.
Mr.. and Mrs. George Miller of Big
Muddy Wyoming. are expected We'd
nesday for visit with old friends
here
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-01-10
lakewood.

Packwood, Jan. &C. A. Moorman
has returned to his school duties ut
Hazenton, N Dakota after spending
the holidays with relatives here
Mr.. and Mrs. A. W. Grafton Of
a. the patcrnal Grafton home.
Miss Hazel Moornan has returned
to Mt Pleasant to the l. w. N.
John Peters has returned to Da5en-
port to complete his training as nurse.
Arthur Stevenson of Lea Harpe,
Has, has been the guest Of his par
ents for a short time.
Mr.. and Mrs Ralph Fleenor VINO
went form here to Pell1 about two
years ago have returned. Mr.. Fleenor
is employed in the Downey livery
barn
Mrs. o. B. Myers was tie guest last
week Of her friends, Miss Ruth Nor.
rison of Hedrick.
About forty of the neighbors and
friends CT Mr.. and Mrs, John Dudgeon
successfully surprised them Friday
night, it being Mr.. Dudgeon's 36th
birthday.
II. C. Teas Of Alba is assisting o. G.
5OTentt III Ills feN-Vdi luSSlihSS at Inc
Methodist church.
I. b Nelson, who is a student at
the Keokuk medical college, spent his
holidays with ms relatives in this vi
Ginity.
Robert Wibb an. wife of Union
county are visiting Mr.. Wibb's par,
ems and other relatives here
George Hunt has sold his farm to
illinois parties for 800 per acre.
Howard Smith, a student at Drake
university, visited his grandparents,
Mr.. and Mrs. J. N. Smith last week.
The infant child Of Mr.. and Mrs. j.
IA. Clingman died last week and was
buried IN Packwood cemetery.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-01-10
INCORPORATION Notice.

Notice is hereby given that Article I,
OF the Amendatory and Substituted
Articles of Incorporation of Western
supply Company has been so amended
as to change the principal place Of
business of said Company from ottum-
wa, Wapello County, Iowa, to Knox
vile, Marion County, Iowa, in accord
ance with authority given by vote Of
the stockholders of the Company at the
regular annual meeting on November
IA. 1906
Dated Dec. 49, 1906.
Western Supply Company,
BY E. f. Duffy, President,
M. d. Duffy, Secretary.
Attest: NJ Duffy,
(Seal) Secretary
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-01-10
Notice-Proof of Will.

State Of Iowa, Wapello County, S.:
To All Whom 1t May Concern: Mo-
i'll writing purporting to be the last
will and testament Of J. e. Mccormick
deceased, was this day produced
opened and read by the undersigned
and that have fixed Monday. the It'll
day OF February, 1907. as tic day fol
hearing Iroof in relation t1lerelo.
Witness my official signature, with
the seal Of said court hereto affixed
this 7th day of January. 1907.
George Phillips.
(Seal) Clerk District Court.
James Gee, Deputy.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-01-10
Administrators Notice.

Notice is hereby given to all persons
interested, that on the Sth day OF
January, A. D., 1907, the undersigned
was appointed by the Clerk of the
District Court of Wapello County
Iowa, Administrator of, the Estate ot
Laura Wright, deceased. late of SAID
County. All persons indebted to sale
Estate will make payment to the UNI
dersigned, and those having claims
against the same will present them
legally authenticated, to said court fol
allowance.
Dated January 8, 1907.
John Burtlow,
Administrator.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-01-10
Have You isited the
New Up-to-date
Jewelry
Department?

Its popularity has increased with
every week, until at the present time
1t stands unrivaled as regards sales
and low prices.
1t is stocked with the popu-
lar makes OF Watches. Clocks and
Jewelry, which will be sold at great.
ly reduced prices for few days
The manufacturers from whom
we buy, as far as abil.
ity and reputation are concerned, re.
present the foremost men of the pre-
sent day. The goods without excep.
ton are of enhancing beauty, good
quality and manifestly those most de.
sired by lovers Of fine Jewelry. A
purchase Of one of two of these bar.
gains will convince you that there is
no place like the New Up-to-date Jew
elry department to trade for
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-01-10
LOW PRICES
GOOD JEWELRY
COURTEOUS AND PROMPT ATTEN.
TON.
Geo. H. Doherty,Prop.
Phillips Big store.
First Floor.

Mr.. and Mrs. G, F. Eberline in honor
of William Eberline of Kenesaw, Neb.
raska, who were visiting there.
Mrs. VIM. Spohr spent Friday and
Saturday in Eldon w. h friends.
Mrs. Thomas Mcclure of Bloomfield
spent Sunday with MRS. Magic Middle.
ton, while on her way to Floris to
visit relatives.
]. B. Mccormick, mail carrier OH
the rural route, has been quite ill for
the past week. His deputy, Clay Vest.
is carrying the mail in his stead.
Mrs. j. ]. Combs and daughter, Miss
Marvin, were Ottumwa shoppers Fri.
day.
A watch party was given on last
Monday evening by the Misses Merna
and Sylvia Myers to their school.
mates. An enjoyable evening was
spent,
Mrs. Lizzie Baker and little son Will
lie of Dunville, visited Thursday with
Mr.. and Mrs. ]. E. Johnson.
Mrs. Ida Jannings left Wednesday
for two weeks visit in Greene coun.
ty, with her parents, lr. and Mrs. Viii.
bur.
Grin Hellwig left Saturday for Mil.
ton to spend Sunday with his wife and
parents.
Mr.. and Mrs. w. A. Wishard of near
Bloomfield spent Sunday with Mr. and
Mrs. William Dodd.
Will De Mar left Thursday for Prim
CHAR to resume his school duties.
Miss Blanche Songer of Bloomfield
was the guest last week of her Sis
ter, Mrs. Abe Burns.
Lloyd McMains is quite i'll with a
cold.
Mr.. and Mrs. Wesley Stark left for
their home at Selma after weeks
visit at the j. G. Mcconnell and ]. M.
Mccormick homes.
Clyde Spohr has returned home
from Moberly where he had spent the
past few days.
Charles McMains and Abe Burns
spent Sunday afternoon in .Drakeville
Miss Grace Cree of Bloomfield spent
last week with her sister, Mrs. Belle
Burns.
Mr.. and Mrs. J. F. Mum are spend
ing few days near Bloomfield at
the home of their daughter, Mrs. G.
w. Hackersmith.
j. M. Eberline is spending today in
Ottumwa with his brother, William
Eberline, who leaves today for his
home at Kenesaw, Nebraska.
Miss Jennie Slagle of Mystic was
the guest last Thursday evening of
Mr.. and Mrs. ]. B. Mccormick.
Miss Pansy Mum of Carbon was a
guest at the lone of G. H. Middleton
Sunday
James Mohler of Seymour is Belk.
nap visitor today.
Rev. D. W, Hastings of Floris took
dinner at ]. G. McConnel's Wednes-
day.
Mr.. and Mrs. Charles Pitman rem
dered some excellent music Saturday
night at the Charles Dodd home
Clarence and Charles Wishard who
are employed at Muscatine, visited
Sunday with relatives.
j. w. Mum of Carbon spent Sunday
in Belknap with friends. IS,
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-01-10
Administrators Notice.

Notice is hereby given to all persons
interested, that on the End day of jan
uary, A. D. 1907, the undersigned was
appointed by the Clerk of the District
Court of Wapello Sounty, Iowa, Ad-
ministrator of the Estate Of Delilah
Reed deceased, late Of said county. All
persons indebted to said Estate will
make payment to the undersigned, and
those having claims against the same
VIII present them, legally authenticated
to said court for allowance.
Dated January 2, 1907.
M. l.. Reed, Administrator.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-01-10
LEGAL.
MOTHERHOOD Of Will.

state of Iowa, Wapello County, SIS.
10 All Whom 1t May Concerns: No
.lce IS hereby given that an instrument
IN writing purporting to be the last will
and testament of VIM Shumaker, de-
ceased, was this day produced, opened
ana read by the undersigned, and that
l nave liked Monday. the 2Sth day of
January 1917, as the day for hearing
proof In relation thereto.
Witness my official signature with
the ti seal of said court hereto affixed
this IND day of January, 1907.
(seal;) Edwin DUNCAN,
Clerk District Court.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-01-10
v. N. UNDERnILLL
DIES SUDDENY
PASSES AWAY AT HIS HOME ON
NORTH COURT STREET AFTER
ONE HOURS ILLNESS
rom Tuesdays Daily.

FTom ILesHays daily. 4 F-------
William Henry Underhill, az aged
and highly respected citizen OF Otturn-
wa, passed away suddenly at his home
on North Court street, carly this morn
ing from heart trouble, after an hours
illness. At the time ofehis death Mr..
Undernill was 70 years, l month and
Is days Of age.
He is survived by his wife and one
daughter. Mrs. @. R. Tower, 1917 North
Court street, and two brothers. Edwin
UnderhiH of Gloyersville, N. Y, and
Thomas Underhill of Antelope, N. d.
The funeral arrangements will be an
Neanced later.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-01-10
EVEN HORSE TRADE.
General Orders Hold at Fair Proper
tions for All Business Glasses.

Chicago, Jan. -9.-Trade develops but
few new features as compared with
Mondays movement of horses. Re-
ceipts are liberal, but many dealers
are in the market with orders for an
commercial classes, and the general
clearance is on nominally a steady
pr.ce basis. Good heavy drafters are
not. moving with the keen COMPETE
ton anticipated by shippers, as the
weather is unreasonable, reducing the
urgency of the demand for heavy team
offerings. In the absence of snow there
is no demand for extra equipment to
Keep the streets free for traffic and
heavy classes have failed to score any
advance thus far the current month.
Good drivers on both domestic and
foreign account are in brisk demand at
s150@350 and upward, s3O0@325 being
paid In the auction on foreign account.
A broad inquiry for farm mares at
s110W150 characterizes the trade and
common grade offerings of medium
weight clear freely at the above fig
ures. The market displays an even
tone at the following prices:
Poor Good
to fair. to best.
Drafters 3115@150 $170@210
Loggers and feeders 7o@125 15o@1so
Farm mares and
Small chunks ..... 500 70 90@130
Light drivers 1890. 70@115 125@36O
Actors and coachers .110@140 150@35o
Carriage pairs j.. !. 225@275 290@625
Western (banded).. $50 IS coo rs
Mules .........5.s.... 60@125 100000
Movement OF Horses and Mules.
Movement Of horses and mules at
Chicago Stock Yards for dates men
toned:
~ Fseceivcd. Shipped
Monday, Jan. Z 1897 los
Tuesday, Jan. 6....... 100 200
Week 50 far ......1,5ss $50
i saina time last week L l5G5 as
Cor time 1905 .......1 ,503 42a
e,e..s time 1895. .......l,sss 3sO
Shipments Of Hcrses.
Carloads OF horses slipped from
Chicago Saturday:
". Il. Denton
I Connei!y s. S. ]
Gilnaan Brcs. |
o..,ar shippers .................... 8
800
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-01-10
MEETS WITH MISS LOEB.
Bloomfield Chapter B.. P. e. O., iias a
Pleasant Session.


Pleasant Session.
Bloomfield, Jan. 9.--Chapter 3, p. o..
O., met Monday evening with Miss
Minnie Loeb as hostess. Although the
night was stormy the meeting was
well attended and at the close of the
business meeting a pleasant hour was
spent with Frank Stanton, the Whit
comb Riley of the south. A sketch Of
his life, given by Mrs w ]. steckel,
was followed by selections and recita-
lions by Miss Mary Hinkle. Miss Elm
kle was electer as secretary to fill the
vacancy caused by the resignation of
Mrs. w. M. Hotchkiss.
Personal and Otherwise.
DR.. L. L. Pittman left Tuesday for
Fairfield to attend dental conyen-
ton
Miss Janet Wilson returned Tuesday
rived to attend the funeral of Mrs. Jas.
Swift
DR.. B. F. .Shrieve Of Troy spent
Monday night with his daughter, Mrs.
H. C. Leach. and left Tuesday for OF
tunwa where he attended the Jack
sonian banquet. He was accompanied
by Mr.. Leach.
Master Dec Atkins is receiving pri-
waite instruction this winter from Miss
Lou Wray.
S. L. Berry left Monday night for
Bloomington, Ill, to spend few days
on business.
Miss leila Fouts has returned to her
home in Eloris on account of illness.
but hopes to return here in n few days.
Sheriff Wilkinson. John Owens
county sheriff, and u. G. Scott. coun-
ty recorder, attended the .Tacksonian
banquet in ottumwa Tuesday OVEN
ing.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-01-10
AGED MAN
MURDERER
JAMES CULLEN, 60 YEARS OLD,
KILLS WIFE AND sTEP-soN,
THEN TRIES SUICIDE

Waterloo, jan 9.-(Specia) james
Cullen at Charles City murdered his
wife and step son at four o'clock this
morning at his home and made an in
effectual attempt at suicide.
The murder was probably premedi-
tated and the o,1tgrowth of family
difficulty. Cullen was sixty years old
and was married last January to the
woman he murdered.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-01-10
RETAIL pelcEe.
Elo,.t and Eesd.

Flour, per sack ........... 81. 0o@1. 40
Corn meal 1o-lb sack 1880. 12A @15I
Graham flour, per sack $50. rs
Corn Chops, per cwt 80. -. 1.10|
Shorts, per cwt ........... 1.25I
Dat chops, per cwt. ....... 1.16I
Bran, per cwt .......... lis
Ear corn. per bushel ...... 45
Shelled corn, per bushel $50. IS
Wheat, per bnshel ......... IL
Hay, per cwt, new ......... 80
OIlmeaf. per hundred. 800. l.es
Oats, per bushel ............. 40
Chicken feed (ground) 20 ID
sack .5.s......... ........ 20
Oyster shell, per cwt. ....... 30
Eggs, per dozen ....... $3.50. 30
f.ourrry.
Spring chickens, dressed. lb. IA
Old hens, dressed. lb........ 12M
Ducks. dressed .......... Isl
turkeys. ID ................ 20|
ttapp1ts ......... .......... 12A
Butter, and Eggs.
e esp sss1 butter R pss b.: ss@a7s
Vegetables, Fruits, Etc.
Lemons, per dozen ......... 80
Oranges, per dozen ....... 25@50
Bananas. per dozen ....... 20W2s|
Apples. per peck ,.......... c0040
Grape fruit, Toe. 8 for 500. IS
Grapes, per basket 1. ........ %
Washed Figs, lib ........... 20
Washed figs. basket ........ 90
Chestnuts Ii ............. Is
Black walnuts, peck 5000. %
Missouri hickory nuts. peck 60
Dates, l3., 1oc. lbs. for.... %
Figs, lb ................. 10, 1920
Honey, lb ........ ....... 20
Mince Meat. ib............io. 12M@2o
Plum pudding, lb........... Is
Malaga grapes, lib ......... 90
Pulled figs, lb ............ 20
Large raisins, lib ......... so
Water cress. bunch ........ s.
Colorado potatoes, bu. 1880. 80
New Potatoes. bushel ..... 6O@65
Pie pumpkins ...... ...... SOLO
Cemeteries, quart........ 10. 12A @2O
Cucumbers. each ......... Is
Spanish onions. ps h..
Cocoanrts -. ........... 500
Homegrown cabbage, head =. SOLO
Shipped cabbage, b.. o.
Head lettuce .............. IL
New bunch beets ............. 10
Homegrown carrots. peck. 2s
homegrown turnips, peck J. IS
oaulihower, each ......... 2o@N
$-9'fs.'0. 'ie,' s.a'k ........ -:
Straw, per cwt ............ a.
Clam shells. per cwt. 1890. Is
Green beans, lb. ....... -. 20
Rntabaga turnips, ln....... Z
Sweet potatoes, peck $3.50. So
New red cabbage. head... SOLO
iF"hhard squash s, ....... 10Q15
Beets, peck ............. 80
Parsnips peck ............ 90
Wax beans; h.. ............. 20
5s,'aatrfos lb ooc basket 81
Red Padishes, bunch ....... 10
Spinach, lb ................ 12ls
Green onions, 2 bunches... IS
basket ........ -
Jack rabbit ............... rs
| Mackerel. ID. ...... IS
Pineapp!es, zach ........ Csc
Oysters.
| Oysters, quart ............. 40
Oysters select ....... 80
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-01-10

FOR LE-REGISTERED AND
grade Aberdeen Angus bulls of good
breeding. E. f. Ochler, Moravia, Ia,
Route g.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-01-10
FOR SALE.

GENERAL REAL ESTATE-HAVE rs.
farms listed in this vicinity, also sew
eral stocks of general merchandise.
If interested write or see me, as I
have good propositions to offer g.
r. Robinson, Batavia, Iowa. over
Iowa Savings Bank
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-01-10
FOR SALE.

FINE IMPORTED woeL DUsIXSaaass
Will not scratch the finest rftrnit TIL e;
fancy bright colors; price post paid,
Csc. Catalogue free. Superior Sup
ply Co.. 1887 Armour avenue Chi
cago, Ill.
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-01-10
) = %
LOCAL. MARKETS.
80 -
Il. esas es.~s,.a.-s =. e..a..a $500. . $3.50
WHOLESALE PRICES.

Furnished by 1ohE MorreIl a en-.
Lt.1.. at /. n. n. Jan. e)
There Is a slight decrease iii tho
&C os butter and eggs this rno.ning.
1.-Two Srcsk,
IS. 1870 to s.4o lbs. ........ 5000
So, over go lbs.......... 60
gs. ovei. go lbs. ........ 800
g .........s.-..: ...s.s... 5. 50@5.3 5
81 1890. .s..... ........ z.00@4.59
Ottumwa tri-weekly courier. [volume] (Ottumwa, Iowa) 1903-1916, 1907-01-10
FOR RENT.

FOR RENT-THE M. j. LOGAN
farm of $50 acres. Inquire B. F..
Logan, 11S East Second street.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1907-10-17
HAVE STAND PIPES
TO FLUSH STREETS


The Committee on Stree Cleaning last
night decided to spend tss $1,000 on hand
for the purpose OF placing miniature stand
ripes In the streets. so tbnt the principal
thoroughfares might be flushed. Before
adopting the resolution made by Mr. Um-
lsut, that the superintendent OF the depart
mont and the Superintendent OF the Water
Department confer as TO the most available
locations for the stands. the committee
talked the matter over: and 1t was its opin-
ion that the stands be erected on Main
Street from Seventh to Seventeenth. and
on Cary Street from Tenth to Fifteenth.
There is not enough money on hand to cover
this territory. but as much of 1t as possible
will be served until more funds are available.
and 1t is likely that Main from Eighth to
Seventeenth. and two or three blocks on
Cary Street, will be covered.
A resolution recommending that the pay
OF Night Waterman W. H. Sale be increased
to $3.50 a day WIS adopted. Mr.. Sale Is
what is known as the handy man of the
department.. and the movement to pay him
more met with Unanimous consent.
The question of the establishment OF a
municipal blacksmith shop was laid over
for further. consideration.
The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1907-10-17
DECLINE
CAUSES TURMOIL
Price Of Shares. Drops Rapidly
from SIS to $40 During
Day.
BROKERAGE FIRM FAILS
Had Bought Large Blocks Of
Copper Stock, Which Are
Refused.

NEW YORK, October 1s.-Trading in
both the New York Stock Exchange and
the curb market was In ,alturnoil as
result of excited movements and vio-
lent declines in the price OF United
Copper stocks in the later market The
suspension of the firm OF Gross g.
Kleeberg, members OF the New York
Stock Exchange, contributed material
ly. II 1t was not the chief cause Of the
decline in both markets. This firm
has been trading actively in United
Copper stocks and 1t was reported that
they were members OF pool formed
to support the price OF the stock. Ap-
parently there was break in this pool
yesterday as the result OF which the
common stock broke from $50 to 336
per share. and the transfer agent of
the company declined to record the
transfer Of block OF 1890 shares.
which he said had been sold In violation
OF the rights of parties having some
interest in 1t. 1t was reported that
Gross & Kleeberg, acting for the In
terests identified with +. Augustus
Heinze. had bought IN some OF this
stock and that the Heinze interests re-.
fused to accept the stock because Of
the manner in which 1t had been placed
on the market
United Copper common, which closed
at $50 yesterday, opened at $50 to-day.
and during the excitement OF the az
|ternoon, went as low as $40. from which
it recovered to SIS before the. close.
The preferred stock, which before
today had been quoted last at $74,
reached the low point of $24 to-day.
Trading in these stocks was confined
to the curb market.
A rally set In before the close OF
the market on the belief that the eff
feet OF the failure had been discounted.