The Denison Daily Herald. (Denison, Tex.), Vol. 18, No. 203, Ed. 1 Thursday, March 7, 1907 Page: 1 of 8
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denison, texas* thursday, march 7, 1907.
C. 8. COBB. J. J, M'ALBHTER.
H. 8 i.E(iATB, Cashier.
P. J. BUK^NAN, Atuilstant CuU«.
NATIONAL'BANK Or DENISON.
SURPLUS and PROFITS' .
W-VhwEST* % MS?™**
C. C. Jinks. W. 16. lllbbard.
NO INTEREST PAID ON
' ■ .
IN WALL STREET
ENORMOUS BUYING OF READING
STOCK 8TART8 LARGE CROP
Trading In Reading Reached the Larger
Total of 736,500 Shares and the
Stock Rose Eight Point* In
Less Than Thirty Min*
u Are Cordially
ted to Attend
lay, March 9th
E • ' V ?'
ONE PRICE-CASH THE PLACE TO BUY SHOES
S * DENISON, TEXAS.
t*1* k*t and It
will re no reconciliation
MEMBER8 OF BOOTH FAMILY AS
FAR APART A8 EVER.
No Truth In Rumor of Amalgamation
of Salvation Army and Volun-
teers of America.
New York, March 7.—Gen. Balling
ton Booth, head of the Volunteers of
America, when asked last night at his
home at Montclalr, N. J., whether the
arrival here of his father. Gen. Win.
Booth, signified an effort toward
amalgamation of the Volunteers and
the Salvation Army, made a statement
in reply in which he Bald all knowl-
edge he had of his father's coming
here waa what he had seen in the
newspapers. His last long letter to
Gen. Booth, he continued, was one of
sympathy at the tine of tho death of
hi* (Gen. Win. Booth's) daughter, Em-
ma, and this letter was answered by a
secretary in briefest and most distant
manner. Prom this Gen. Balllngton
Booth and his wife, Maud Balllngton
Booth, had been left to Infer that tho
tudo of the Booth family toward
them was precisely what it was when,
ipr conscientious reason, he ami Mrs.
quit the Salvation Army. At
time they were informed, he says,
unless they name back to the Sal-
Army and aubmitted to the
family's dictates, they would be
•s strangers or renegades.
„ton Booth said that there
Hhood whatever of the Vol-
mating with the galva-
New York, March 7.—Sensational
buying of the shares of the Reading
Company yesteiWy gave Wall street
Its most exciting experience since the
Northern Pacific contest of six years
ago. Reading had been Btrong in the
face of a generally weak market all
through the morning session of the
Stock Exchango, when shortly after
1 o'clock, there developed an enormous
buying movement in the stock, which
carried the price up more than eight
points in half an hour.
Up to the close of the market there
was nothing official to Bhow the source
of the purchasing orderB, but a per-
sistent rumor was In circulation that
E. H. Harrlman waa buying the stock
with the object d|f acquiring control
of the property, and that he was tak-
ing all that watt Offered In the open
market, in addltionl to the holdings of
H. C. Frick,' whlcn he was said to
have purchased privately.
It was also said that the \ Reading
stock held by the Lake Shore had been
turned over to Mr. Harrlman so that
he Would have absolute control.
The reports as to Harrlman \buylng
were circulated generally throughout
the financial district and were given
credence, in spite of tho lack of any-
thing official to confirm them, but
there were other j rumors. One of
these was that J. Plerpont Morgan *
Go., who formerly dominated Reading,
were buying to resume their former
position In the property. Another was
that the New York Central, which
owas tho Lake Shore, was adding to
tht. Lake Shore's holdings of Read-
ing A third attributed the buying to
the Delaware, Lackawanna and West-
ern. Still another rumor was that Mr.
Frlck was buying back stock he had
sold some time ago at higher prices.
At the time the stock was going up
efforts were made, without success,
to discover the Bource of buying and
to ob ln either denial or confirmation
of the various rumors in circulation.
At the offices of the banking houses
associated with the different Interests
mentioned In the rumors all knowl-
edge of the rumors was denied. Mr.
Harrlman, who Is In Washington, was
asked alwut the use of his namo in
connection with tho transaction and
ho then made a statement through his
secretary to the effect that he "was
not interested In Wall Btreet and did
not care to be denying all the rumors
Further than this nothing waa ob-
The brokerage hguses handling the
buying orders were numerous and
their identity gave no indication what-
ever as to the persons for whom they
The trading in Reading reached the
extremely large total of 736,500
shares, or about one-third of all the
transactions on the exchange for tho
day. The magnitude of the sales
>eemed to preclude the idea that an
ordinary manipulative maneuver for
highest prices waB being executed.
The blocks traded In were large, rang-
ing up to 4,000 and 5,000-share lots,
with one block of 10,000 changing
hands at 125.
The early feeling on the exchange
bordered on demoralization, with ex-
tremely heavy liquidation and declines
for many Issues to1 the lowest point of
the year. The Harrlman shares and
the stocks In what Is called the Stand-
ard Oil group wSfe notably sensitive
to pressure, and that fact emphasized
the better strength of Reading and the
firmness of the Morgan and Mill
This condition held unUl shortly
after 1 o'clock, when the sensational
buying of Reading began. At that
time the stock was selling *t 116%.
Suddenly it developed that all of the
stock offered was being taken on an
ascending scale of prices. l ts of
from 2 000 to 6.000 shares were traded
In rapidly and the price rose In about
half an hour to ~125. This Budden turn,
after the recent weakness In the mar-
ket served to strengthen the entire
list and a general rally was soon in
progress, which continued up to the
close, which was strong and activo.
with quotations In the main at the
best of the day.
Prominent lp the recovery Was
Great Northern, which closed at 166%.
an advance of 5%; Southern Pacific,
which closed at 86. a rise of t, and
Northern Pacific, which Improved 2%
The Reading company owns the en-
tire capital stock of the Philadelphia
nnd Rending Railway, the Philadelphia
and Reading Coal and Iron Com-
pany. the Reading Iron Company, 914.-
500,000 Of tbe outstanding $27,425,800
capita] stock of the Central Railroad
of New Jersey and a controlling in-
terest in the capital stocks of vari-
ous other companies operated by or
affiliated with the Philadelphia and
Reading Company. '
The capital stock of the Reading
Company authorized 1b $140;000,000, of
which 928,000,000 is 4 per cent non-
cumulative preferred, 942,000,000 and
$70,000,000 common stock.
UNWRITTEN LAW UPHELD.
Virginia Jury .Finds the Strothers
Brothers Not Guilty.
Culpepper, Vs., March 7.—After bo-
ing out an hour and a hair the Jury in
the case of James and Philip Strother,
on trial for the murder of Wm. F. By-,
waters, returned a verdict of not guil-
no hold-over officials
THE ADOPTION OF NEW CHARTER
ABOLISHES OLD OFFICES.
Ruling of State's Attorney General
Regarding Change In Form of
Since the election on the commis-
sion form of government there has
been much discussion as to the stand-
ing of the present city officials when
the commission government is put into
effect. Some have contended that tho
hold-over officials—that is, those who
have still a year to servo—would con-
BY GRIM REAPER
DEATH IN JUSTICE FITZGERALD'8
FAMILY DELAY8 THE TRIAL
OF HARRY THAW.
plan of defense changed
Mrs. Wm. Thaw, White-Haired Moth-
er of Defendant, Not Allowed to
Testify as to Insahity in Her
Family—Two More Alien-
ists to Be Called.
" steamer lost in
sight of port
Castellamare dl Stable, Italy,
March 7.—The British steamer
Malaga waa lost In sight of thie
port during a severe storm.
Twenty-nine bodies have come
ashore from tha wre
C. O. D. DECISION RE8ERVED.
Judge Meek Will Walt Until He Hears
from Similar Cases.
Dallas, Tex., March 7.—Judge Meok
in the Federal court today announced
to the lawyers In the case that he will
not hand down his decision in the C.
O. D. liquor and express company case
until he hears from the decision In
similar cases now on trial in Kansas
City and New Orleans. He stated fur-
ther that he might delay his decision
until he knows what action the Texaa
legislature may take in amending the
C. O. D. law or passing other statutes.
lnue In office unless they .choc 10 re-
sign. Others believed that the new
charter would abolish thoso offices.
In a recent decision the attorney
general holds that when a commission
government is put into effect all of-
fices under the old charter will bo
abolished. If the ruling is applied to
tho Denl8on situation, the terms of
thoso officials which would ordinarily
run for a year longer will be ended
when the city comes under its new
In substance, the ruling of the attor-
ney general is that whenever an offi-
cial is elected to hold a city office un-
der a city charter by either a general
or special law, by the repealing of the
said charter, the said office Is there-
by abolished, because there are no
contrac^? al relations existing by tho
election* of said# official. Applying
that "rule, the attorney general holds
that upon the adoption Of the new
charter, and upon its going into effect,
all offices existing under the old char-
ter will be abolished, as well as all
ordinances which are inconsistent with
the provisions of tho new charter.
Those ordinances not inconsistent
would remain in force.
New York, March 7,—A death in
Justice Fitzgerald's family has post-
poned the sessions of the Thaw trial
for a day and court will not sit today.
On Friday when court reconvenes the
defense will call two more alienists,
probably Dr. Graeme If. Hammond
and Dr. Smith E. Jelliffe, who have
been in the court room practically ev-
ery day slnco tho trial began. Beforo
court adjourned yesterday Mr. Delmas
stated that there would bo but two
more witnesses called. The attorneys
will devote today to forming the
hypothetical question which they will
put to these experts. This question,
Mr. Delmas said last night, will cover
every fact In the case. How long it
will take Mr. Jerome to cross-examine
these experts no one can tell. It will
depend very largely on their attitude
and their willingness to give direct an-
swers. This decision makes it certain
that a number of the witnesses who
have been expected to testify for the
j defense will not be called, at least in
the presentation of the direct case.
Among these are Roger O'Mara,
Thaw's Pittsburg detective friend, and
May McK^nzle, Mfrs. Evelyn Nesblt
Thaw's chorus girl friend. Both
may be called when the defense
reaches Its sur-rebuttal, but It now
seems doubtful If they will bo called
< The plan* of the/defense In regard
to what Mrs. Wm. Thaw, the white
haired mother of tho defendant, would
testify to were changed. It had been
announced that she would testify as
to insanity in her family, but Mr. Del-
mas would hot allow her to do so
even after she had asked In open j
court to be allowed to. This yas prob- j
ably due to the fact thaj the defense '
does not desire to pile up any moro |
evidence of thto taint of insanity In j
Thaw's blood. Mrs. Thaw's testimony j
as to the mental condition of he^!
brother and other members of her j
family could do nothing but tend to
show that the taint in the blood is one
that would perhaps be permanent. The j
defense goes on the theory that Thaw
was insane from early in 1903 until
after Juno 25, 190G, but that after
White, the man whom he believed to
bo responsible for all his troubles,
was dead, his mind rapidly became
The dofense has not yet. Introduced
testimony to show that Thaw is in-
sane, but may do so by the experts
who are to go on the stand Friday.
The only evidence that has bo far
been introduced which tends to show
that he is at present sane is Dr.
Evans' testimony that when ho saw
him in the Tombs Oct. 3, his condition
was greatly Improved and that the im-
provement was of a progressive char-
Robbers Loot Univereity at Moscow
and Make Their Eecape.
Moscow, Ma^ch 7.—A daring hold-up
occurred at tho university here today
whllo tho officials were being paid off
in tho chancellory. Seven armed men
entered, threatened all present with
pistols and demanded money. The in-
truders then fired in the air, seized
920,000 and; decamped, killing a ser-
geant of police whom thoy mot at the
dqor as he was about to enter the
building. The university building Is
now surrounded by police and all
houses in tho vicinity are being
Thursday, March 7, 190i.
Close 6 o'clock.
The new kind of corset cover
kind of a corset, good for corset
covers or to wear without a cor-
We have a good assortment just
now in'tha new H. & w.
Withdraw All Classes of Reduced
Rates in Nebraska.
Omaha, Neb., March 7.—In retalia-
tion for adverse legislation, culminat-
ing in tho passage of the twb-cent pas-
senger rate hill, which went into ef-
fect this morning, all Nebraska'rail-
roads, including the Union Pacific,
Burlington, Northwestern, Missouri
Pacific, Rock Island and Great North-
ern, Issued circulars this morning ab-
solutely abolishing all classes- of re-
Two-CSnt Fares In Illinois.
Springfield. III., March 7.—-The two-
cent maximum fare bill passed tbe
houso today by a practically unani-
To Prevent Telephone Merger.
Albany, ft. Y., March 7.—-Attorney
General Jackson does not purpose that
the telephone companies in upper New
York state shall form a combine if he
eon find the legal means to prevent It.
In response to an order obtained by
the attorney general the representa-
tives of several of the telephone com-
panies appeared today before Jos. A.
Lawson as referee to tell what thby
know regarding the proi osed merger
of tbe Bell company with the independ-
ent companies in order to form a mo-
nopoly of the ttp-state telephone bust-
Standard Oil and r.o-Oefendante Lose
' a "Point In Missouri.
Ht. Louis, Mo., March 7.—A decision
was handed down in the United States
Circuit Court today sustaining the or-
der of service out of the United States
Circuit Court against the Standard OH
Company and over fifty other non-
resident corporations and individuals,
co-defendants with the Waters-Pierce
Oil1 company in tho suit filed by the
government at the Instance of Presi-
BARN AND CONTENTS BURN.
Fire Near McKinney Causes Loss of
McKinney, Tex., March 7.—Tho big
barn of J. W. Field, president of the
Continental Bank here, burned at his
farm west of town today, with six
hordes, a wagon, hack and much feed
belonging to A. Ray, tbe tenant. Lobb
nn the barn, $600; Insurance. $1^0.
The tefibnt's 'loss on contends $1,200,
White, In all the sizes,
YOUR MONEY RETURNED
IF NOT 8UITED.
If you have been In our store you know that we carry an Immense line
of toilet and bath eoa^s, ranging in price from 3 cents Up to 75 cents
per cake. We bought*. J)lg lot of the famous Purple Azalia 8oap,
which sells usually at 10 cehts a cake, three cakes for 25 cents. We
offer this exquisite soap while this tot lasts at
6 cents a cake
Or three cakes In a nice box for 17 cents. It Is a delicately per
hard milled soap, hence will wear a long tine and make an excellent
lather. It haa proven extremely satisfactory to our customere a\ thb
regular price, and Is certainly a baragln at the above pricee.
Not more than four boxes will be sold to one person at this prfi
Telephone orders filled and soap delivered promptly.
THAW'S COU8IN INJURED.
Was Run Over by Team and Wagon !
at Hot Springe, Ark.
Chicago. 111., March 7.—A dispatch
to the Record-Herald from Hot
Springs, Ark., says:
Mrs. R. H. Thaw of Sistervillc, Va„
second cousin of Ha fry Kendall Thaw,
was run over last night on Central
avenue by a team nnd wagon driven
by a man named Snyder, Mrs. Thaw
was taken to a hospital and IS in an
extremely serious condition. After
tho occurrence there was great excite- •
ment among the people who had wit-1
nessed 'it. Thrry believed that the ac- i
cident could have been avoided by the j
driver and his attempt to escape in-!
censed them more. There was much I
talk of lynching, but there has been no
move In that direction thus far.
Forty Years Rector of One Church.
Boston, Mass., March 7.—'Mgr.
Thomas Magennis, permanent rector
of St. Thomas' Church, Jamaica Plain,
today received congratulations on hav-
Ing reached; his 64th birthday and on
having completed 40 years of service
at St. Thomas'. Father Magennis was
horn In Lowell and educated at Mon-
treal college. In 1 SOI. ho celebrated
his silver Jubilee as a priest, and dur-
ing his visit to Rome four years later
the Pope elevated him to the rank of
Great National Peace Congress.
New York, March 7,—Arrangements
are rapidly noarlng completion for the
National Peace Congress which Is to
be held In this city next month. The
arrangements committee Is In dally re-
ceipt of advices which Indicate that
the gathering will bo the most notable
of Its kind ever hold in America.
Embrace style, color and durability. They
are made by the best makers in. America and
every one of them is guaranteed by them and
by us. If you buy one of these hats and it
does not give you absolute satisfaction, return
it and we'll refund your money. We can
safely make this guarantee because we know
beforehand that you will not have to return it.
$aOO TO $6.50
.. , ' . /I'".? vM
A Size and a Style for Every Head.
NO CLOTHING FITS LIKE OURS
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The Denison Daily Herald. (Denison, Tex.), Vol. 18, No. 203, Ed. 1 Thursday, March 7, 1907, newspaper, March 7, 1907; Denison, Texas. (texashistory.unt.edu/ark:/67531/metapth199823/m1/1/: accessed June 27, 2017), University of North Texas Libraries, The Portal to Texas History, texashistory.unt.edu; .