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Show 6 THE MORNING EXAMINER: CTAII, THURSDAY OGDEN, .Harley Receipts, 6.k)0 bu. STOCK WALL STREET STOCKS HAVE SPASM OF LIQUIDATION. Produce. Chicago . 78 Ccntor Around Stock Which Have Heretofore Enjoyed 18. Chicago, Ik-cMay 78 Com Dec. 42 61-4- 24 ec. lard Ribs MINING MARKET COLUMBUS CON. OFFERED IN BIG BUNCHES DURING DAY. Wheat Close: e May 43 May 36 May SltS.'.i" Daly Judge Comes Out in Fins Form, and Victor Con. and Tintic Show Sharp Ad vane. 8 $16.-4- 2 January $8.80; May $8.80. 8.6U; Jan. $8.37 May Sait Lake, Dec. ha rebolder that It wig evident of the Columbus Consolidated expected better things than a dividend from the way they offered their stock fur sale on the open board of the mining - exchange today. It came out in big bunches, but friend of the company came to the rescue and took everything in sight ' with the result that when the close cam there had been a distinct rally. It is said that President Jacobson was favorable to a larger dividend, but that his des're in the matter was overruled, he having a majority of the board against him and consequently they agreed unanimously on n payment. Daly Judge came out in line form and Victor Con., of the Tinttc district, showed a sharp advance. The closing quotatloug and galea 18.80. market today and cauaed a downward rush of price that looked thruaienins at one time. As substantial recovery oocurrt-before the closing. The storm center was the a roup of stocks which, in the customary expression of the stuck market, have enjoyed right" recently, a phrase which operators in the stocks use with sn ironical emphasis. The continued stringency of the money market and the failure of any appreciable relief from the operation of the treaaury of the p'an for assistance had a dixfourag'ng effect on sentiment. The crumbling of the market at weak spots spread to pretty nmeli the whole market, although there were a few promineut stocks which maintained a show of resistance to the flood of selling. The confusion in the market for Bt. Paul continued, and was an unsettling Influence on the whole market. Th rights came off both clause of the stuck this morning. The "rights" were also admitted to quotation on the stork exchange. The open Ing price for St. Paul, with the price Quoted for the rirhte added, allowed n rise of 3 over the cloving price for the stock yesterday. The hope thus engendered that the disturbance in the Block was over was short lived, end it oon began to recede again under heavy offerings. The admittance to quotation of the rights helped to clear up one cause of confusion by providing a market valuation for purposes of fixing collateral in loans on St. Paul. The suddenness with which the books of the company were closed after the announcement of subscription rights and the call for a Installment of subscriptions ou December 31 on the eve of the yearly money eulenients was the subject of some bitter criticism and of professed fear of' a hidden design to disturb the money market. The pursuit of Ihle line of reasoning led to some excited unloading of holdings on the part of the speculators, who had been convinced that they were following the leadership in the market of the most Influential capitalists in the country, who were handed together for mutual protection of the speculative position from harm from the money situation. Professional traders were loud in protests! ion of a suspicion that the course of events had been especially arranged to cause a break in prices. There waa an extraordinary confusion and contradiction nlao in the estimates of the real value of the rights which hare been offered o abundantly in the last few days. 8t. Paul, Northern Pacific and llrent Northern preferred still suffered acutely, therefore, in the prevailing weakness. The high priced stocks generally were sufferers In sympathy. There waa an enormous speculation In Rending and heavy Belling when rumors were circulated that there was to be no change in the dividend rate, as predictions had been confidently made of 6 per cent dividend rate for that stork. The extent of the teenvery from the extreme declines pointed strongly sleo to extensive operation by bears. The presence of the secretary of the treasury In the city gave rise to conjectures of more substantial measures of relief for the money market, which continued very stringent both for rail and time loans. Sterling exchange was very weak in response to the money stringency and London showed keen apprehension of gold on the part of New York. New York bankers were Inclined to the opinion that a demand on Ismdon for gold would be injurious, as it was believed beyond doubt that the Hank of England would advance ita discount rate tomorrow should gold be taken from that market. The news of the presence in Wall street of the bee rets ry of the treasury came at a time when the liquidation had spent, most of Its force. The increase In the dividend uu liebigh Ynlle.v also revived hopes which proved faillcloiis on an advance in tin Reading rata. The covering liy the shorts became quite precipitate and worked a material rally in the whole market. The closing was strong and showed a number of substantial net gains after a level of prices at the low point, ruling all the way from one to seven points below last night. Bonds were weak. Total sales, ,psr Rye Cash CC. Harley Cash 43656. Flax, clover and timothy, no trading. PRESIDENT NICHOLS 19. 15-ce- TESTIFIES. Republic Oil Company Not a Competitor of Standard Oil. New York. Dec. 18.' Testifying today in the suit brought by the state of Missouri against the Standard Oil Oil comcompany, the Waters-Ilercpany and the Republic Oil company to tnp them from doing business in Missouri, C. L. Nichols, president of the Republic Oil company, declared e 15-ee- that aa a result of the disclosures made In ihe proceedings, the usefulness of the Republic Oil company as a supposed competitor of the Standard Oil, had ended. The entire business of the company outside of Missouri, he said, had been turned over to the Standard Oil company iff New Jersey. The proportion In Missouri would also have been turned over bad it not been for Injunction which prevented such. William' I. Helner of Buffalo, who was formerly manager of the Republic OU company of St. Louis, was asked by the attorney general If he recalled that, while in' St. Louis he received Instructions in a circular letter from Walter C. Teagle to state to the trade that the Republic Oil company was then an independent concern fighting the Standard Oil company. It 1 nty beat recollection that I did.". You claimed to be selling high-graoil. of a grade different from ten-milli- the Watera-Pierc- e company? "We were. You got some of your nil from P. M. Andrus of Whiting, Ind.?" Yea." . That waa the refinery of the Standard Oil company nf Indiana?1 I believe there was a refinery at Whiting." Did you ever hear that the Waters-Pierc-e company bought Its oil at Whit ing r believe so." 80 yon and the Watera-Pierc- e bought from the same source? To some extent." It la expected that John Archlwld will he among the witnesses tomorrow. I COUNTING VOTES. Expert Counters Secured for Service Next Week. SAN FRANCISCO un- CASES STOCKS. Interstate Broke rags Company New York. Dec. 19. The task of counting 787.1)00 votes cast at the election fur trustees, held yesterday by the New Yhric and Mutual Life insurance companies will, begin by early next week. The board of inspectors iff each company hu secured the services iff expert accountants, who will have charge of the cqpntalng and tabulating of the votes. Separate accounting firms have been employed by the two companies. Before the actual work begins representatives of each of these firms will consult together with a view to perfecting a system for canvassing the votes. When the count begin both aides will have regularly commissioned watchers present, ahd ballots and proxies which are considered fraudulent or illegal will be duly challenged. Undoubtedly a large number of dpull-cat- e ballots have been cast inadvertently. Many policy holder who have held in either cumpany mure thnn one policy have cast a vote on each policy, although only entitled to vote once. Many of the proxies are made out In foreign languages. The result of the election still seems to be in doubt. Both the administration forces and the international policy holder' committee are declaring they have been victorious In the two companies. The officers of the New York Life have not reduced a particle their estimate of a victory for the present management bv a plurality of j 00,000, and the administration of the Mutual estimates its plurality at 150.000. The international policy holders' committee, however, still lays claim to having carried the Mutual's election by from 1.700 to 19,000 votes and the New York IJfo by 12,000 to 615,000. value, $1298,1)00. United States bonds were all changed on call. 1-- 8 . Fork Jauuary New York, Dee. IS. A violent spasm of liguMaii'ia serpt oier the Block 20, 1-- Osu-D- Rights. DECEMBER ahip-Uicn- On the produce exchange today the butter market waa sirady; creameries 22iSl; dairies, 20fj27. Eggs steady, at mark cases included, 2"ft25; rsts, 24; prime flrats, 27; extras. 28. Cheese steady, 13 14. MARKET Storm bu.; 1..5,1' 1 MORNING, Doe-1- IMS. NOLLED. Mineapolls, Dec. 19. The two criminal casea against Wallace Campbell, formerly an officer of the Northwestern National Life Insurance company of this city, were nolied before Judge Simpson In the district court today by the county attorney. Several cases against William Bechtel, former president of the company, CHICAGO FUTURES. The following were the closing quotations: Wheal -- Dec.. 74. 744. 744; May, 7SS. 784. 784? Torn Ike.. 424. 42. 424; Mav. 44. t:4, CiSift,; July, 44a.. 44. 41 were also nulled because the fact that they bad been outlawed, but other were continued over the term. Ms) . 3644,4. sn,. The bribery charges against Rimer lull. 324, 334. 33444. Ptirk .tan.. Ilfi.224. 416.07V Dearth, formerly state! nsurance comfor h'ls connection with the .."7',; May, l.f.2Vk. flfi 424. missioner. $ H'. 42'. same company, went over the term. Ijird-Dc- c.. IS.H'i. .7r.. $8.75: Jan.. BARRETT PRESIDENT. $SS7'. $. 774. I8.RU; May, l'i.87V 44- Oats Per.. 344. 2.44. 24444; :Mi44; 48 k". "sg.SU. Washington, Dee. 19. At a meeting presided over by Secretary Root at the state department today, the executive committee of the bureau of AmerCah quotations were as follnns: ican republics elected John Bsrrett of VTmr Steady. Wheat No. 2 spring. 7'. r 83; No. 3. Oreg.ir.. at present American minister to Col.mitda. to be director of the bu71jR2; No. 2 red. 74 44i;1. Coni No. 2. 4444i4: No. 2 yellow, reau to surceed Wiillam C. Fox of New Jersey, who has occupied the po4i;&42. year and was Oats No. 2. :!44fi 4; No. 2 shite. sition for the last two : today nominated i( l American minX. 3 white. Re No. 2. tie: fair to choiee mail- ister to Ecuador SR Short Hilts -- Ian.. .Mh. sk.R.'i. $S.i'.2V 28.321. S8.su. $V7."i, ing. if'i 3.Y Flax Reed JEFFRIES TO BE REFEREE. No.x 1. SUV. No. 1 north western. SI 22. Tniiopah. Nev.. Dec. 19 Manager 1rime timmj-.S4..Vi. Hlli v of the Casino Athletic club today t lovi-r- rant 1. mm grade. $l;j.7.Y Jeffries should Mni'.t ribs, s'di s llooiiel $K."ii'i decided that .lame referee the Uans Hermsn light. The ; mess pork. ar bid.. $11.8.--,: la'll. per ion lbs., sg.go; short ilear art trie of iigretiiietit gave him the right iff selection If the principals Sides I ImVii I sP.nu-i- 9.2.i. Vhl.-bss'- of high wines. 1.23. could not agree. Jeffries was offered to referee and $1.oui' and vxpense accepted. Receipts and Shipments. Hour Receipt s. 29.900 hhls.: ARGUMENT BY RUSH. S2.2i"i iilds. 13.8'HI WIiir; Receipts, btl ; Omaha. Neb.. Iee. 19. 8. R. Rush, .'il.4"" lot. special attorney in the RlrhardwCom-docfont Receipts, 2.347.4is bit.; land fraud trial, began the final lt.'i.7XI I'll argument fur the government this afI af i Kereipts. ::8.::nM bit.; ternoon. and bad not finLhed at the in. time of adjournment. The case will Ke ILCHip'H. l2.lu'o bu.; ship- - prolsibly go to the jury tumorros -, l . hi-74- k, ,. sbtp-Illi'MI- k ship-rent- 1 mi.ui- ,,I7'.iy bu. s Fractured Skull. San Francisco. Dec. 19. Aa a result of haslng practiced by the member nf of the Kappa Alpha fraternity, which he is a member. Floyd E. Alien, a student in the freshman claa of the Unlversitv of California, lies at the home of his mother in Berkeley with a fractured skull. Allen's condition is precarious, and it is not known whether he can aurvive. While Allen waa being harried by hla fellow frat" member, who were attempting tu duck him in a bath tub, he ran nut on the roof of the fraternity building. There, as hia pursuers were closing in on him, he missed hia footing and fell to the ground, twenty-fiv- e feet below. He was carried Into the horn- - and a surgeon summoned. An operation waa performed in the hope j of saving hie life, which now hangs I in the balance. WANT ADS YIELD BIG RESULTS. 100(5. |