davidaulloa/AmericanStories huggingface dataset:
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-12-07
THE COTTON MARKET.

NEW YORK. Dec. THE cotton
market opened steady at unchanged
prices to an advance OF 4 points, in
response to fairly steady cables, but
business was quiet and prices eased of
to a net loss of about 2 to 3 points
during the early trading under liquida-
ton. Slightly smaller receipts and an
apparent falling off in the interior
movement may have inspired some
support. but with rather a general ten
dency to expect a full ginning report
tomorrow there was no general buying.
The early decline brought out no long
cotton of consequence and the market
steadied up during the middle OF the
morning on covering by some of the
early sellers and a little support from
local bulls. General business continued
very quiet and the market at midday
held steady. net 1 to 2 points higher.
New Orleans wires reported that the
average estimate of members of the
New Orleans Cotton Exchange was H.
Ais, 900 bales, but the report was with
out influence in the local market and
trading continued quiet with prices
holding about net unchanged during
the early afternoon.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-12-07
TRUST COMPANY
DECLARES DIVIDEND.

A semi-annual dividend of 6 per cent.
was declared at a meeting of h board
of directors of the Federal Trust Com
pany held this morning. This puts the
institution on a dividend basis of IL
per cent. a year. a great showing for
so young a bank. The officers reported
to the directors thai this yea will be
the most prosperous of any year since
the company began business.
The officers also reported to the
directors that the undivided profits
will exceed $500. 900 on January l next.
The capital stock amounts to 81 ,0o0, 900
and the surplus Is $500, 900. The surplus
and undivided profits together exceed
81, 900, 900. which is practical evidence
of the great progress made by the bank
and its splendid financial condition.
At the close of business on June 30
last It's deposits exceeded s5.S22. 900.
The officers Of the company are:
James Smith. jr, president; Joseph
NJ. Byrne. vice-president; Winton c.
Garrison. vic~e-president; E. F. Ma
guire, treasurer; Charles T. Champion,
secretary. The directors are James
Smith. jr., Joseph NJ. Byrne, William
H. Keilner, James Smith. Louis Plaut
Hamilton r. Kean, Chester r. Hoag
Peter Hauck, jr, Winton c. Garrison
Augustus S. Knight, Gottfried Krueg-
er, Austen H. McGregor, Arthur c.
Hensier, James e. Bathgate, jr.. Oscar
n. Wheeler.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-12-07
PUBLIC HEARING ON
NEW BUILDING CODE.
Small Gathering Attends Meet
ing to Discuss Measure.

The public hearing on the new build
ing code, which was passed on first
reading at the last meeting of the
Common Council, did not bring out as
large number of people last night as
the committee on alterations and con
struction had hoped to see. The storm
was doubtless responsible for the small
gathering. out a number of important
phases of the code were discussed by
those who were present.
The Board of Trade was represent
ed by Redmond P. Conlon, who read
a letter from the board in which the
adoption of the code was urged and
the necessity of better regulations
pointed out. 1t is not believed that
the code in its present shape will be
materially altered unless some of the
suggestions made last night by Nathan
Myers, the architect, relative to thea
tres, are embodied in the measure
when it comes up for second reading
on Friday night.
The new fire prevention code which
was expected to be taken up at last
weeks meeting Is still in the commit
tee, although it is desirable that this
new code should be put into force at
the earliest possible date.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-12-07
THE CHICAGO MARKET.

CHICAGO. Dec. 7.-Weakness in Eu-
ropean markets was reflected today by
wheat prices here. Better harvest con-
ditions in Argentina formed the basis
of bearish sentiment. Otherwise cir
cumstances pointed largely in the op-
posite direction. 1t was expected that
the government report would be bull
ish, and there we're signs Of an i'm
proved demand for milling. The OPEN
ing was unchanged to %@h lower.
May started at 81 to 97A, a loss of u to
"a, and reacted to 941z@%.
Slim demand made the corn market
soft. Country offerings were said to be
a little larger. May opened Is to 4
down at As to 4SA and declined to 47B.
Oats were in good supply, but there
was less urgent call than much of the
time of late. May started a shade off
to a shade up at 3415 to Bass, and
slipped down to 34ss.
Regardless of the fact that the hog
run was more liberal than looked for,
little product could be had, and prices
were firm. First sales ranged from "a
higher to 5 cents off. with May at 100
to ITO for pork, 9.721z to 9.77h for lard
and $50 to 9.35 for ribs.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-12-07
COMMUNICATION COMPANIES
ARE GIVEN A HEARING.

WASHINGTON. Dec. with a view
TO reaching a satisfactory determine
ton of the application of the present
interstate act to telegraph
and telephone companies the Inter
state Commerce Commission today
gave a hearing to officials of telegraph
and telephone companies. which, by
terms of the law. are made common
carriers.
Some of the questions presented to
the conference were:
What telegraph and telephone COM
panies are subject to the act?
May such companies issue franks
emitting to free interstate service, or
may they grant free interstate serv-
ice?
"Are telegraph and telephone COM
panies required to file with the COM
mission their tariffs of charges?
Does the law forbidding rebates and
undue preference apply to telegraph
and telephone companies"
1t was not the purpose of the COM
mission to determine the status of any
particular company, but rather TO in
duce a discussion of the meaning and
application of the law to the new
common carriers generally.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-12-07

guards during the night. The inter
ment will be made in st. Johns Gene
terry in East Orange, a very old burial
ground.
The family name of the dead priest
was Boron, but when he became a
member of the Benedictine order he
took the name of Maurus, by which
name he was known to the end. He
was born at Neuhausen, Germany, in
1860, got his primary education there.
and in 1878 he came to this country and
went to the ARCHAEOLOGY of the Bene-
dictine order at Latrobe, Pa, where he
began his theological studies at st.
Vincent's College.
In 1888 he came to Newark. finished
his studies for the priesthood at st.
Mary Abbey in High street and was
ordained a priest by the late Bishop
wigeer at st. Patrick's Cathedral in
June, 1889.
Father Maurus went to the hospital
In August, was operated on for appen-
dicitis on November 81, but did not
rally. Brother Anthony, o. s. B., is a
nephew.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-12-07
SERIES Of DEATHS
LEADS TO SUIT IN,
SETTLING ESTATE
Brother of Dead Clergyman
Brings Action to Recover as
Residuary Legatee.

That the death of the Rev. john J.
Keogan and his niece. Louisa O'Neill.
on the same day, March II. 1909, aud OF
his sister, Bridget o'Nelll. two days
beofre, has brought about strange COM
plications in the distribution of his
estate. was brought out in a suit in
e~jectment brought by Patrick j. keo-
gan, his brother, against Sarah L.
Beach. a niece. before Judge Adams, in
the Circuit Court today.
The suit is brought for the possession
of the house at 460 Orange street.
which, by Father Keogan's Will. was
left to his niece, Louisa O'Neill. to-
gether with 81, 900. Miss O'Neill died on
the morning of March Il. 1909, and her
uncle died a few hours later.
Mentioned rs Residuary Legatec.
Patrick j. Keogan, the plaintiff, was
mentioned in. the will as ~residuary
legatee, through Miss O'Neilrs death
occurring before the testator's death,
the entire estate naturally reverts to
the residuary legatee. Miss ONeilis
heisr being entirely cut off.
An executed deed, dated May 2o. 1907.
was offered in evidence in court today,
in which Father keogan transferred
the property. to his niece on that date.
This deed was given TO the Rev. James
j. Flood, the executor of the win. to-
gether with several other papers. on
the day of Father keogan's death.
The question involved in the case is
whether Father Keogan had ever de-
livered the deed to his niece, If he had
the title vested in her at her death
and would it now revert to her heirs.
Clergyman Called as Witness.
The first witness called by Counsei
James F. Mooney. for the defense. was
the Rev. James ]. Flood, pastor of the
st. S~aviour's Church, Brooklyn. Father
Flood is executor of the viii. He
testified that at the time of death
Father Keogan was rector of the
Church of st. Thomas the Apostle, at
West 11Sth street. New York city. He
died at his sisters home in Newark.
at 46O Orange street, after an illness OF
seven weeks. 1t was later brought out
in the evidence hat his sister and
niece had nursed him through his III
ness and had themselves contracted
severe colds, which resulted in their
deaths. the sister a short time before
and the niece on the same day as that
of their patient Another niece, kath-
crime O'Neill, died a few months later.
Conover B. English is trying the case
for the plaintiff. Patrick j. Keogan,
who is in Ireland.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-12-07
THE PRODUCE MARKET.

NEW YORK. Dec. 7.-Flour-Steady,
with a fair local trade.
Rye-Steady.
Wheat-Easier cables and more bear
ish Argentine news resulted in a half
cent decline in wheat this morning.
May, 103h Q1o3%.
Pork-Firm; mess. 1000.
Beef-Barely steady; family, $4,000
1850.
Lard-Easy Middle West, 1O.1O@1o.D,
nominal.
Sugar-Raw. firm; m~uscovado, SO test,
$50; centrifugal. s6 test, 400. Molasses,
SO test. 1926. Refined, steady.
Parliamentary.
Coffee-Spot, firm; Rio No. Z, lSAQ
1895, nominal; Santos No. 4, 1875.
Enthusiastically.
Hay-Quiet.
Butter-Steady; prices unchanged.
Receipts, 6,1S2.
Eggs-Steady; prices unchanged. Re-
ceipts, 1894.
~Cheese-Firm. Receipts, 2,744. state,
whole milk, September quality fancy
colored, 15s; do. fancy white, 16h; do.
choice, 14%@15A.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-12-07
c. 0. ?.
OFFICIALS FACE
JAIL FOR VOTES
Supreme Court Justice Garrison
to Instruct Grand Jury Con-
corning Election Frauds

CAMDEN, Dec. 7.-Developments of
an interesting nature are expected at
b opening of the courts next Tuesday
when h grand jury will be told by
Supreme Court Justice Garrison of its
duty concerning election frauds in
nearly every ward, township and bor-
ough in the county.
A number of Republican office-hold-
ers have been held in bail on charges
of, violating the election laws, and 1t
IS presumed that in view of a recent
statement issued by Judge Garrison
there is to be no doubt but that every
section of the election law will be en-
forced until there is a big procession
of the guilty ones on their way to State
prison, whether they be men Of sup
posed high standing In the community
or ofice-holders supposed to enforce
the law.
1t was stated that the coming grand
jury will do its plain duty concerning
the election cases. Friends of Sheriff
Hatch declare that a weak grand jury
would kill him politically in the future,
II do lley dulIlL lidl ic CApcNIS "
become active in political circles dur
ing the next few years he will give
the anxious public a jury that will
prove satisfactory all along the line.
All eyes are on the Court House to see
wha3 is going to be the outcome of the
election cases.
When former Sergeant of Police Ed
yard Hartman was held in $1,000 bail
by Justice of the Peace Frank Garri-
son yesterday 1t was stated he furn-
ished the bond to assure his presences
IL needed, as a witness before the
grand jury in the election cases. Hart
man has been a familiar figure in po-
lice and political circles here for a
number of years, and as he and others
decline to talk about the matter 1t IL
presumed that he will be called to tell
under oath just how much of a hand.
IL any, he has taken in election frauds
in Camden county during the past few
years. He was always a Republican
machine adherent.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-12-07
SHORTS ACTIVE
IN BUYING AS THE
MARKET CLOSES
Hour Is Productive of Gen.
eraI Recoveries and
Some Gains.

NEW YORK. Dec. Initial prices in
the stock market today showed further
pressure in the active list. Union Pa
cific opened with a block of $500 shares
at 1864 to 1861, as against 1914. at
yesterdays close. A large block of
Reading opened at 14219 and 142%, a
maximum loss of half a point. Almost
Immediately after the opening the mar
ket rallied. with recovery in the gen.
eral list.
IL a. m.-Room traders poured out
stocks freely on the rally and a num-
Der Of the representative issues were
driven materially below yesterdays
low figures. The metal and railroad
equipment stocks were especially weak.
Losses reached 2 points in American
Car preferred, ia in Lehigh Valley
and American Locomotive and 1 to IA
in Union Pacific. United States Steel,
American Smelling. Pressed Steel Car.
Anaconda, Kansas and Texas, Republic
Steel and Tennessee Copper. BY II
o'clock the market was receiving some
support and there was a fractional re-
covery.
Noon-The increased weakness in U.
S. Steel, Union Pacific and other issues
In the same class vas ascribed large
ly to the operations of the short in
terest which seemed to have renewed
its aggressive tactics of the previous
week. Many rumor and reports re-
garding industrial conditions were in
circulation, despite yesterdays reas-
surfing statement from the leading rep
r%esentative of the steel and iron trade.
The reported introduction of a bill in
| Congress designed to give that body
further legislative control over trusts
was apparently ignored. Throughout
the second hour the trend of prices was
upward, causing pretty complete re-
coveries all around and raising st. Paul.
Great Northern preferred, Amalga-
mated Copper and Northern Pacific /
over yesteday's closing. and Interna-
tionaI Paper preferred 2 points. Bonds
were easy.
l p. m.-The recovery was generally
well maintained during the noon hour,
but business dwindled to minor pro-
portions in marked contrast to the OPP
erations of the morning session. There
appeared to be considerable short
covering together with very moderate
buying from what was considered the
more substantial interest. General
Electric gained 2.
At 2 D. m.-Realizing sales depressed
| Amalgamated Copper, Union Pacifc
and Lehigh Valley a point, but other
stocks did not suffer much and the list
eventually worked back to its high
level. Toledo. st. Louis and Western
receded 2 points.
9 D. m.-The market closed strong.
The final hour was slightly more ac-
tive on buying by the short interest
which was productive of general re-
eoveries and some gains. New YORK
Central, Chesapeake and Ohio, Ameri-
can Smelling and PENNSYLVANIA I'M
proved |. and Reading and Lehigh VAL
ley liz. Covering of these contracts
was induced largely by limitations of
a possible further reduction in the
Bank of England rate tomorrow.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-12-07
CLOSE S26,5OO,O 600
COPPER MINE DEAL.

CHICAGO, Dec. "a copper deal. in
~volving properties capitalized at $685.
500, 600. was contaminated here at a
meeting of the directors of the COM
panies concerned yesterday.
Under h terms of the agreement,
the Superior & Pittsburg copper mine
at Bisbee, Ariz.. will be merged with
the Calumet & Arizona property, which
adjoins it. The exchange was made on
a basis of approximately three and one-
half to one. By consolidating the two
properties, the operating expenses OF
each will be very materially reduced.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-12-07
PHILADELPHIA COMPANY
GETS ARGENTINE CONTRACT.

PHILADELPHIA. Dec. ! An
nouncement has been made in this city
that the Argentine Republic had placed
a 81, 900, 900 contract for cars with the
Harlan & Hollingsworth Company and
the American Car and Foundry Com
pany, of Wilmington. Del
The statement came from ]. E. Co
baugh. the representative in this coun-
try of Senior Guillemo Dominica, In
spector-general Of Argentine Republic.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-12-07
WORKMAN IS INJURED
BY WHIRLING SHAFT.

Throw heavily to the floor when the
shafting upon which he was working
WAS set in motion by an electrician
who failed to see the workman, Wadis-
Iaus Hutwick, 80 years old. was badly
hurt az the Otis Elevator Company's
slant. Harrison. this afternoon. He
was taken to st. Michael's Hospital,
this city, where 1t is reported he has a
chance of ecovery
Hutwick's home is at 1os Central ave.
nue., this city.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-12-07
BODY OF DEAD PRESTO
LIE IN STATE In CHURCH.
Victim of Appendicitis Will Be
Buried at st. Johns.

The funeral of the Rev. Father
Maurus, o. S. B., who died Monday
night in st. Michael's Hospital after
an operation for appendicitis, will be
held Friday morning. At 9 o'clock a
solemn high mass of requiem will be
sung by the Very Rev.. Prior Polycarp.
rector of st. Mary's Church, at High
and William street, an old friend of
Father Maurus, who assisted in the
parish work.
The body Of the lead priest is now
II st. Mary's rectory. 1t will be taken
to the church TOMORROW night and men
of the parish societies will serve as
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-12-07
CONTRACTS FILED.

These contracts were filed in the
county clerks office today:
B. Finn, owner. with G. Lienhard.
contractor. mason work, $1,170; 1876
Bergen street. Same owner with E.
Wasserbach. contractor, carpenter
work, $40; same premises.
Katie Finzel, owner. with J. Ehr-
mann, contractor, mason work, $500;
IS Magnolia street. Same owner with
A. Sipple, contractor. carpenter work,
5000; same premises.
l.. Anderson. owner. with P. Andee-
son. contractor. plumbing work, 1915;
Outlook place. Glen Ridge. Same
owner with same contractor, plumbing
work, T25 Baldwin place, Bloomfield.
C. Hernsheim, owner. with connors
q FIFTEEN, contractors. mason work, $s.-
054; Mountain avenue, West Orange.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-12-07
THE, LONDON MARKET.

LONDON. Dec. 7.-American securi-
ties opened about unchanged today.
Prices advanced a fraction, but realiz-
ing caused the market to sag before
the end of tho first hour. At noon the
tone was eacy with values ranging
from u above to n below yesterdays
New York closing.
BUS AND FIN
Prices dropped further in the after
noon, when Wall Street sold Union Pa
cifc and United States Steel. The clos
ing was uncertain and heavy.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-12-07
LIMITS TITLE COMPANY POWERS,

ALBANY. Dec. little GUARANTEES
companies are not entitled under the
law to do the business of borrowing
from the banks for the purpose
of buying and selling mortgages, ac-
cording to the opinion Of Attorney
General O'Malley. Such companies he
also holds may not receive deposits
from individuals for which Interest,"
bearing certificates are issued to be
redeemable at their option in mort
cages.
Quick results are what you set y You uss me
star. Try q classified I'D.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-12-07
Ct rpK DAVIS RECOVERING.

JERSEY CITY. Dec. Edward Da-
Wis. clerk in the office of County Sur
ogate John p. Egan. who is confined
to his GONE IN Union street. TINS city
by pneumonia, is on the road TO recov
erv. It will be a week or more before
he will be able to leave his home.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-12-07

Sldney w. Keith, or EDWARD Is.
Smith & Co.; Edward T. Stotesbury
and T. Dewitt Cuyler returned to
Philadelphia yesterday after a trip
over the Atchison system. During
their travels of a week Mr.. Smith said
he had heard nothing of the talk Of
absorption of the Western system oy
the Pennsylvania railroad, locking to
the establishment of a transconti-
mental line. Mr.. Keith added that the
trip was made for the purpose of
affording Mr.. Cuyler an opportunity to
inspect certain sections of the road
over which he had not been since he
became director.
The Pennsylvania railroad. through
it's counsel, has filed with the Public
Service Company of Maryland an ap.
plication for the lease of the Northern
Central railway. The application also
asks for permission to issue 154, TAI
shares of Northern Central stock in
order to carry out the terms of the
lease. The Public Service Commission
is expected to hold a hearing on the
application. The filing of the appli-
cation is taken to mean that the Penn
sylvania will accept the action of the
Northern Central stockholders on the
lease.
Figures compiled by the New York
Journal of Commerce show that there
are over 300,0 900 stockholders in Amer
lean railroad corporations having a
capitalization of 1896. 600, 600, making
an average holding of s13,053. At this
time last year these same companies
had 10000 stockholders. and their
capitalization was 1888, 600, 900, an
average holding of s1S,437. The num-
Der of shareholders has, therefore, in
creased more in proportion than the
capitalization. Among the companies
showing the most notable gains in the
number of stockholders are the Atchi-
son, Brooklyn Rapid Transit, Chicago
and Alton, Chicago and Northwestern,
Great Northern, New York Central,
Ontario and Western, Pennsylvania,
Big Four, Southern and Union Pacific.
In line with the rule adopting 100
shares of stock as the unit of trading,
the governing committee of the Phila-
delpf ia Stock Exchange announced
yesterday that the unit of trading in
bonds hereafter should be 81 200. The
object of this rule is to protect the
small trader against arbitrary iuc-
tuations in prices by the bidding or
offering Of securities in large blocks,
while declining to accept small lots.
Sealed proposals win be received at
the office of the comptroller of Albany,
n. Y. until Thursday. December 10,
1910. for the whole or any part of
5000, 900 registered bonds of the city of
Albany. made up of s100, 900 4 per cent.
water Improvement bonds. bearing
date December l, 1910. and 100000
4 per cent. new high school bonds,
bearing the same date. Bonds wall
mature December /. 1880.
The township Of Millburn, n. j., VIII
receive sealed bids until December II
for $t2.o 900 AZ per oent. semi-annual 20
| year sewer bonds.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-12-07
COURT CALLS FOR TOMORROW.

Supreme Court-Nos. 4S0, 1872, 4S6, 44o,
442. 44e, 44s. AGA.
Circuit court-Nos. s52. 800 800, $50,
|as1, 34s. $50, s5s. 1856, s67. $40.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-12-07
NEW YORK STOCK EXCHANGE.

Following are the quotations Of the
days prices, as furnished thYoush
Byrne & Mcdonnell, members of the
New York Stock Exchange,
Oman High Low Close
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-12-07
D.. /. AND W. PROMOTION.

NEW YORK, Dec. IA further indi-
cation of civil service policy Of the
present management of the Lacka-
wanna Railroad is given in the circu-
lar issued by C. c. Hubbell, purchasing
and approved by Mr.. Truesdale.
president, of the promotion Of H. f.
Lowther. to become assistant purchas-
ing agent, effective December 1, 1910.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-12-07
IN THE WORLD OF FINANCE
LOCAL SECURITIES.


The bid and asked prices appended
furnished through EiseIe 4 King.
STOCKS.
Newark evening star and Newark advertiser. [volume] (Newark, N.J.) 1909-1916, 1910-12-07
NEW YORK CURB MARKET.

The following New York Curb quo
tations are furnished and corrected by
Charles A. Stoneham & Co., "a Broad
street New York. Rid AaLad