Show t Financial andL and and- L Commercial D A. A M. M CHAPMAN IAN N New w York Vork Juno 1 12 Taking Tn Taking an ad tage e of or tho announcement by President President dent Un Underwood erwood o of the Erie that the tho earnings of ot his company had not b boon sufficient to meet O w n-w d ch charges r p. p traders traders trad trad- ers era today raided the securities of or th that t company on the stoc stock exchange e en ahl aided by a n break brenk of oJ one ono point In th time the price of Union Pacific bond contracts I on tho the curb and bringing th the quotation quotation quotation quota quota- tion tion- for fot those contracts more than thanA a a. point below bolow the subscription price for tor tho the same sam bond they sold Union Pacific securities tes freely treely The success 8 of ot these raids caused weakness In tho ho entire list and d declines of at from rota two o to four tour points were recorded record d all along the tho line Une The Pho heavy selling by 15 London London Loudon Lon Lou don was vas another unfavorable factor In Inthe Inthe Inthe the market The Tho power Ver of this for harm was increased by the news of or ortho tho the d depressed d condition of ot Americans In Europe generally general it being said fear exists tR that a R. struggle between n Harriman Harrl- Harrl man and Morgan Is Imminent and ond that between the two Interests Erie Erfe will tail fall to the ground As If to emphasize tho tIm reports I of t that fear cable dt dispatches late In the afternoon flashed the tile flOWS that J J. P. P Morgan Iorg n would sail for New Naw NewYork NewYork York tomorrow Mr Morgans Morgan's son on however c explained his fathers father's rS r'S apparently sudden n decision de to return home by saying There Is Is nothing nothing- sudden about It S My ry father I Is returning In accordance with arrangements made some months montha ago ato to to- attend the wedding of my co cou sin ln hH hll co Another rumor that was wn c extremely disconcerting hail had to do 10 with ono one of or tho largest public transportation en cn en- en In this city It was wa-a said saidon saidon on what was given glon as cs the best beRt authority author author- ity that tim this corporation Is In dire lal straits and that a n receivership receivership receiver receiver- ship ship- Is likely In tho the near future During tho the day clay there wore were announcement announcements announce announce- ment ments of or move more bond bonel and note issues The Tle first told of ot of or debentures deben debon- tur tures s to be put pot out by hy tho the New York Central Centra the tho second of ot of ot fours to be Issued by the Ore Manhattan l railway and the the- third of or In five OVE per por c cent nt notes by the Diamond Match company While toward the close close- there was A n slight recovery from the tho lowest levels of ot the tho day tho the marl market ct was feverish It 1 Is likely to continue In that condition con con- until after tho tim reports in connection con con- with the platform of tim tho Republican Re Re- publican party In Chicago next week have crystallized Into a a. certainty I On the curb interest centered In tn the Union Pacific honda bonds Weakness of r Goldfield Daisy was the tho feature In the Ute mining list This stock sold down I from 89 to on tran transactions of ot about shar shares s. s In the Iio ser Street ct Number of ot shares of or stock slack sold to today to- to I day corresponding day a D. year ago Par Pat value of or bonds sold soM today 2 corresponding day a II year ago ngo 9 I Official announcement was made mado that the Now New York Centrals Central's of or i 30 year four per 11 cent debentures are to be offered to the nubile at 91 anti and ac accrued interest by b- J. J T P P. Morgan for and company compan the tho First National hank J. J S. S Morgan lorgAn o of London Leo Lee nj and company of 01 Berlin Drexel and compan company com corn pan pany of Philadelphia and the thc Harris Trust and Savings hank bank of oC Chicago These debentures are part o of an au authorized au- au Issue of S n nm I having been soul sold i in 1901 lOOi under r an I Indenture dated datel Mn May 12 12 1904 and executed exe axe by the United States Trust com company pany Tany of or Now low York as trustee by the llie railroad Company from which tru trustee teo full Information ma may he had re regarding the nature of the security The bonds t 9 tJ In W 1 J li 1 1 ml i Ti li 11 of 1000 5 and ne Registered bonds may mav also be exchanged for tor coupon bonds Kuhn Loch and arid company compan announced L that the subscription lists for fOI th Union Pacific bonds had been closed at 10 o'clock and that tho the issue had been IJ heavily oversubscribed oversubscribe Officials of ot the United States Steel corporation and steel manufacturers n-manufacturers of Scotland denied today the report that a a. mer merger el had been formed ormed of or tho the leading steel firms of or Great Grent Britain Brit lint am ain Germany Russia and tho the United States to control the thc international ex exPOrt ex- ex port trade The combine was to have hao a capital of be Increased to to For April the tile Rock Island system reduced reduce a gross glOSS decrease of or 2 to a a. net not 10 loss loan H of Han c ox oz Pollock Special Wire I ji Ii H. I I. I L. L I Sf CIs Sales A Am in Car Fd 33 1 1000 Am Smelt 7 7 75 I Am Loco i 19 iSa Am m Sugar 1271 ISil Amalgamated 67 GG Anaconda 4 11 ut 1211 1700 Atchison SU Sa SO 1000 Bait Halt and anil Ohio J 91 SS SO SD SOl 1100 Brooklyn rooklyn R Tb nr T r 48 lC Canadian Pac 1591 lR Ches hes and Ohio 44 H 1 43 H ii C M r and St P. P 1348 l 1312 U 1328 i I. I r Colo Cob F und I 61 Br- Br IS 19 Gt Ct Nor or pfd pd 1298 6 00 I Illinois Cent 1211 1400 Louis nn nl l 11 rid a i ATI I t Mexican c Cent T j U Gi l ii l 16 Gi Missouri Pac 1581 M 01 l K ani I 2611 61 2000 Do pfd I 9 New York Tori Cent 1 1100 X N Y Out Ont ant anti Y W. 16 1300 Nor and West GO 61 69 69 I Nat Lead Lea I I GC CC iS 2000 Northern r Pac 1137 Pennsylvania 1211 las Gas 91 91 Oft Reading 11 I 1101 jt OO nock flock Island lC IC 1000 Rep nep I anti And S I 18 11 1 1711 i I Southern Ry fly 1 I 17 16 1100 Union Pac 1 13 U i U S Steel Shel Do pfd 37 lOa Utah Copper 01 JO Tennessee o Cop 36 36 Newhouse 6 6 61 I. I Money Ioney cl U l. l per cent Total sales Mes shares I |