CUT III STEEL PAY
Wagesln Independent Plants
to Be Reduced.
LACKAWANNA LEAD IN MOVE.
Pennsylvania, Which Owns the
Maryland, Will Follow Suit
With the Cambria
Steel Company.
Philadelphia, March 3. Following
tlio reduction In the prices of steol
products, the wages of all employees
of Independent steel companies are to
be reduced within the next few days.
This Is admitted by officers of the
Pennsylvania Steel company and tlm
Cambria Steel company, whose gen
eral offices are In this city.
When news of the 10 per cent re
duction ordered by the Lackawanna
Steel company of Buffalo was given
to E. O. Felton, president of the Penn
sylvania Steel company, he expressed
no surprise. Asked If his company
bad made a similar reduction, lie re
plied, "Not yet."
Asked if such a reduction was In
contemplation, he said:
"We have a reduction lu wages un
der consideration, and action will lie
taken within the next few days."
President Stackhouse of the Cambria
Steel company when asked If such a
reduction was being considered he
aid, "I have nothing to say."
The Pennsylvania Steel company op
erates a large plant nt Steelton, near
Harrlsburg, where several thousand
men are employed. It controls the
Maryland Steel company at Sparrows
Point, a suburb of Baltimore, where
an additional large force Is employed.
The Cambria Steel company owns a
large plant at Johnstown, near Pitts
burg, where several thousand men are
employed.
The wage scale of the United States
Kteel corporation cannot be changed
until July, so' far as many of Its em
ployees are concerned, nnd the same
conditions apply to the Bethlehem
Steel company. That there will lie
more reductions in wages no one
doubts.
One of the best Informed men In
the steel Industry said today that
there was no cutting below the cut of
$4 on bars and $0 on shapes and that
he did not expect any further reduc
tions. "Wages may be cut more," said this
authority, "but if the steel men will
only keep up prices which will yield
a fair profit there's no reason why
wages should be reduced to any great
extent."
BEEF TETTST DEFEATED.
Jury Qivet Ex-Director $157,000 For
Stock Withheld.
New York, March 3. A jury in the
lupreme court awarded to Frederick
Joseph a verdict for $157,000 damages
igainst the Sehwarzchlld & Sulzberger
company, a subsidiary of the beef
trust.
Mr. Joseph, who was formerly a
stockholder and director of the com
pany, brought suit on the ground that
certain stock had been withheld from
him.
Samuel Untermyer, counsel for the
plaintiff, submitted balance sheets of
the company showing that the assets
sf the company had increased In eight
years from $0,500,000 to $22,500,000.
Mr. Joseph testified that in 1808 the
:ompany bought for joint account
B.800 shares of the company stock at
74 n share. When Mr. Joseph de
manded his share of the stock Mr.
Sulzberger refused to surrender It.
KNOX RESIGNATION IN.
Pennsylvania Legislature Will Elect
Oliver as Senator.
Harrlsburg, Pa., March 3. Governor
Stuart received the resignation of
United States Senator Philander C.
Knox as senator from Pennsylvania
and transmitted It to the legislature
today.
The legislature on March 10 will
elect George T. Oliver of Pittsburg as
successor to Mr. Knox.. A caucus of
"the Republican members will bo held
noTt week.
S0HBOEDEB COMMANDS FLEET
Appointed In Place of Rear Admiral
8porry, Relieved.
Washington, March 3. Bear Admiral
Seaton Schrocder has been appointed
commander In chief of the Atlantic
battleship fleet In place of Bear Admi
ral Charles S. Sperry, relieved.
Admiral Sperry was tendered the
presidency of the Naval War college,
but declined the position, indicating
his preference or subordinate duty
there.
Bear Admiral Blchard Wnlnwrlghl
will remain in command of the second
division of the licet, Rear Admiral
William T. Potter is transferred from
command of the fourth division to
command the third division, formerly
lu charge of Rear Admiral Schrocder,
nnd Rear Admiral Edward D. Barry,
who has been supervisor of the naval
auxiliaries at New York, has been ap
pointed commander of the fourth divi
sion. SIX KILLED BY EXPLOSION.
Twelve Others Injured In Colliery at
Port Blanchard.
Wilkesbarre. Pa.. March 3. The col
liery of the Pennsylvania Coal com
pany at Port Blanchnrd, near here,
was' the scene of n terrillc explosion of
gas, which caused the death of six
men and the serious injuries of twelve
others.
The explosion set tire to the wood
work, entombing forty men. A large
party of rescuers were put to work,
but owing to the presence of black
damp they made slow progress. Fortu
nately there was n second exit from
the mine, nnd the employees behind
the fire succeeded In making their
way to the surface.
The officials of the mine summoned
the most experienced mine foremen of
other companies, and the flames were
extinguished.
CHINA DEFIES EUSSIA.
Refuses to Negotiate Question of Ad
ministration of Harbin.
Pckin, March 3 China has declined
to reconsider or to negotiate the ques
tion of the Russian municipal adminis
tration of Ilnrbin with Russia.
In view of possible action on the
part of the powers the railroad au
thorities at Harbin have desisted from
their policy of Intimidation and ag
gression. FINANCIAL AND COMMERCIAL.
Closing Stock Quotations.
Money on call was 2 per cent: time
money and mercantile paper unchanged
In rates. Closlns prices of stocks were:
Amnl. Copper.... 71" Norf. & West... S714
Atclilson 101U Northwestern ..17714
B. &O .-.10?'i Penn. It. R 130
Brooklyn II. T... 73ft Reading 1254
Ches. & Ohio.... C3?i Rock Island 231&
C. .C..C.& St.L... 78',i St. Paul HSU
D. , L. &AV 547 Southern Pac...llsU
D. & II 173 Southern Ry.... 24V4
Erie 28 South. Ry. pf... G3W
Gen. Electric... Sugar 129
III. Central H2 Texas Pacific... 32
Int.-Met 15'i Union Pacific. ..176?4
Louis. & Nash... 129-H U. S. Steel 45
Manhattan 140 U. S. Steel pf...MU
Missouri Pac... CO West. Union.... 6G
N.Y. Central.. ..124
Market Reports.
WHEAT Steady, but quiet; contract
grade, March, Jl.2Sal.26.
CORN One-half cent higher; March,
70a71c.
OATS-Steady; No. 2 white, natural, 59
aGOc.
BUTTER Steady on fancy grades; oth
ers dull; receipts, 10,473 packages; cream
ery, specials, 29a30c. (official 30c); ex
tras, 2Sa29c; thirds to firsts, 22a2Sc;
held, common to special, 21a28c; process,
common to special, 18a24c; western fac
tory, 18a21c; western imitation creamery,
21a22c.
CHEESE Firm; receipts, 2,313 boxes;
state, full cream, specials, 15al0',ic;
small, fancy, 15c; large, fancy, 15c; good
to fine, 14c.; winter made, best, 13c. ;
common to prime, ll'4al3V4c.; skims, full
to specials, 2al2c.
EGGS Unsettled; receipts, 18,773 cases;
state, Pennsylvania and nearby, fanes',
selected, white, 2Cc; fair to choice, 24a
25c; brown and mixed, fancy, 23V4a24c;
fair to choice, 22a23c; western, firsts, 22c;
seconds, 2111c
POTATOES Weak; domestic, old, In
bulk, per 180 lbs., 2.25a2.C2; per bbl. or
bag, J2a2.35; southern, late crop,. per bbl.,
J1.75a2; European, per 1C8 lb. bag, $l.F0a2;
Bermuda, per bbl., $5a7: sweet, per bas
ket, tlal.CO.
LIVE POULTRY Firm; prices not set
tled. DRESSED POULTRY Firm; turkeys,
young, selected, per lb., 23c; poor to
good, 10a22c; capons, nearby, 23a2Sc;
western, 22a25c; sprlns chickens, fowls,
boxes, lGc; barrels, 15V4c; old roosters,
12c; ducks, western, lDaliic; geese, west
ern, 10al2s.; squabs, white, per doz., $1.2ia
4.25: frozen turkeys, No. 1, per lb., 23a25c,
broilers, milk fed, fancy, 2Ga28c; corn
fed. fancy, 22a21c; toasting chickens,
milk fed, 20a25c; corn fed, 17a20c; fowls,
No. 1, 14al5c; old roosters, ll'lc; ducks,
No. 1, 17al8c; geese, No. 1, 12al4c; capons,
24a27c.
viaacsi.TJE--Fjif.-1
3
SUBSIDYBILL L0S1
House Defeats Senate Bill
by Narrow Margin.
ONLY THREE VOTES LACKING.
Representative Qoldfogle Brought
to Congress In Invalid Chair
From Hospital to Oppose
the Measure.
Washington, March 3. The ship sub
sidy 1)111, previously passed by the
senate, was defeated in the house of
representatives by the narrow margin
of three, the vote resulting 172 to 175.
The opponents of the measure wildly
cheered.
A dramatic feature of the roll call
was the appearance in the hall of
Representative Goldfogle of New York
in an invalid chair, he having been
brought from a hospital where he had
undergone an operation on his kneo-
, cap in order that he might record ills
inline ngnlust the bill.
Mr. Moon of Tennessee led the op-
position to Hie measure. "It Is an In
' fernnl fraud designed to plunder the
1 treasury," he declared. Speaking of
i Oin firnvMiiii for tlio trnlnlni? nf Amer
ican boys and answering the plea of
patriotism advanced by Mr. I.nndls,
he said that It was lint a blind to
hide the giving of the people's money
to corporations of shipowners.
The climax came when Champ Clark,
the minority lender, declared (lint a
lobby had been carried on "right on
the floor of the house" in favor of the
passage of the bill. "It is an outrage
to n civilized country," he declared,
"tills thing of coaxing men, of bullon
linllng men. and I undertake to say
that when Mr. Moon of Tennessee de
nounced this bill ns nn 'infernal fraud'
lie used language that he was Justl
fled In using."
The debate against the bill wni
closed by Mr. Cockran of New York,
lie denounced the sending of Hie
American Hag abroad by a subsidy "as
an outrageous concession of the en
slaving of a people through the agency
of n government."
As their champion the advocates of
the bill put forth Representative Fns
sett of Now York, who was the clos
ing speaker. He referred to the con
dition of the battleship fleet on its re
turn from Its recent encircling of the
giobe and said that no tender carry
ing tlio American flag went the trip
with the fleet.
.'The wars of the future will not be
gun wnrs," said Mr. Fnssett. "but
trade wars. They will be war to get
goods to tlio world's markets. In that
war we cannot choose weapons, but
must fight with the weapons of our
opponents. We must face fncts, not
syllogisms."
A scene of wild confusion followed
the roll call. With the announcement
of tlio vote of 172 in the nflirmntlve
the speaker hesitated to get n good
breath and then said "17." In the nega
tive." The Democratic side of the
house broke forth In cheers.
Thirty Republicans voted against
the measure and four Democrats for It.
LEFT $800,000 TO CHARITY.
Erv.'in Saunders Cuts Off His Brothers
With $5,000 Each.
New York. March 3. Erwin Saun
ders, a bachelor, who died at the Ho
tel Majestic, left practically nil of his
estate of $800,000 to charity by a will
filed in Yonkers. He cut off his mil
lionaire brothers, Alexander and Les
lie Saunders, with ?ij.O0O ench.
To the Homeopathic hospital of
Yonkers he left $250,000 and to the
Carnegie Library association of Yon
kers ?00,000. The residue of the es
tate goes to the Yonkers Trade School
For Young Men. Sixty thousand dol
lars of this is for the erection of tlio
building nnd $4."n,000 for f.s mainte
nance. Coal Mines Shut Down Indefinitely.
Shnmokln. Pa., March a. The Phila
delphia and Reading Coal and Iron
company has suspended all work on
now openings In their mines for an in
definite period. The shutdown Is un
usual at this season of the year.
isriOKe
BOB" HAM
10 CENT
YOUNG C0RBETT IS VICTOR,
He Defeats Johnny Marto In Fast Ten
Round Bout.
New York, March 3. Young Corbet!
of Denver, former featherweight cham
pion, signalized his reappearance In
the ring hero by defeating Johnny
Marto of New York In a fast ten
round bout before the members of the
Fnlriuount Athletic club.
Corbett surprised those at the ring
side by the wonderful speed and ngll
lty displayed even under .the handicap
of incrensed weight.
Tlio former featherweight champion
has added to his weight until he now
weighs fully 140 pounds.
Roth men received a lot of punish
ment, Corbett closing one of Marto's
eyes In the second round and the lattei ,
drawing blood from the ex-champion's'
nose In the. third. Although the New
York fighter wns knocked off his feet,
lie finished the bout strong.
Roth men adopted aggressive tactics
from the first. Marto having to be I
warned repeatedly for usbig ills head, i
In tlio majority of the rounds Corbett!
forced the lighting. It was only in thel
!d,tm,m,
cleverly held him ofT. finishing the
fight as fresh as nt the beginning.
SHOT AND KILLED BY PASTOR
i General Miller's Valet Was Threaten
ing Wholesale Slaughter.
Temple. N. II.. March 3. While
! crazed with drink George L. Mnrcotte, Capll.il, SUrpllIS, $455,000.00
i valet . for Rrlgadler General .lames j
j Miller. V. S. A retired, ran amuck
i nnd after shooting nt several villagers
j who attempted to disarm Iilm wns j
shot nnd killed by Rev. Harvey East- j
j man, pastor of the Congregational
I church.
! The tragedy occurred at General j
' Miller's residence. Mnrcotte became
uncontrollable and seizing one of Gen- j
, oral Miller's nnny pistols discharged i
t II ... .......1..... .....1 ,1..n .1... .vj.l.nK.ll I
j 11 ill l.lllllitlll mill mum - tuv; ii ....
and his housekeeper from the house.
! General Miller telephoned for assist
ance, and In response eight men armed
with shotguns and revolvers hastened
to the Miller homestead. They sur
rounded the house, hoping to Induce
Mnrcotte fo "surrender, but the valet
refused to do so nnd maintained his
threatening attitude.
Finally the Rev. Sir. Eastman point
ed a shotgun at the valet and fired,
tlie contents striking Mnrcotte In the
forehead and killing iilm.
CLEAR SIGNS OF PROSPERITY.
Large Increase In Imports
of Dia-
monds and Pearls.
New York, March 3. From figures
made public by the appraNer of the
port It nppears thai the prosperity
wave long reported as headed lu thN
direction lins at last reached these
shores.
The best Indication of Its. presence Is
to be found, the appraiser declares. In
the Imports of gems and precious
stones for February. During the
mouth the value of t ho diamonds,
pearls, rubles and other gems entered
through this port aggregated i?2.l1i.
710, a gain over the Imports of the
same class of merchandise during Feb-
ruary, 1008, of $200,477.
On all other imports tlio total value
aggregated .$(i0.8."7,.r2(!, or .$1S,.-i00,0!I0
more than for the corresponding
month last year.
The importation of foreign made au
tomobiles is decreasing rapidly. The
Imports of tills class for February.
RIOO, consisted of sixty cars, valued at
$lfl1,870, ns against 107 cars, valued it
$224,nr?l, for February, 1008.
MONTENEGRO WANTS SPEZZIA
Willing to Break With Servia if Terri
tory Is Restored.
Cettlnge, Montenegro, March .1.
Prlnce Nicholas, has asked Clroat Brit
ain for Its assistance in securing from
Austria the cession of the port of
iSpezzia to Montenegro. In that case
! Pi'ttH'O Vlflifilnti ivmilit lu. wlllllii. fi
break entirely with Servia and recog
nize Austria's title to Bosnia and Her
zegovina. Spezzin Is a town of Dnlmatla, Just
north of the Montenegrin boundary
fine, nnd has a fine hnrbor. Since the
trouble with Servia It has been the
rendezvous of a formidable Austrian
squadron, the presence of which Mon
tenegro regarded ns a menace.
Spezzla once belonged to Montene
gro, but became Austrian under the
Berlin treaty. .
ILTON &
CIGAR.
ROLL of
HONOR
Attention is called to the STRENGTH
of the
Wayne County
The FINANCIER of New York
City lias published a ROLL OF
HONOR of the 11, -170 State Hanks
and Trust Companies of United
States. In this list, the WAYNK
COUNTY SAVINGS RANK
38th in the United States.
Stands i C tli in Pennsylvania.
Stands FIRST in Wayne County.
Total ASSETS, $2,r33,000.00
I Honesdaic, I'a., May '-) 1IXW.
IIKt'ORT OK TIIK CONDITION
OF TIIK
HONES DALE NATIONAL BANK
AT
HONKSDALK. WAYNi: COUNTY. I'A.
At the close of business. I'cb.S, IfWi.
RESOURCKf.
I.onns anil Discounts....
. t :;ii,BU 21
Ivcrrirafts secured mill tinsoon
ll led Kl
l h. llonils to mtii recirculation.
I'lcinlimison I'. S. llonils
llonils. sccui.tlcs, etc
1! uiking-liou c, furniture mill llx
turcs D.ic from Xa loual Hanks (not
Reserve A, ems)
Due from State Hanks and Hank
ers Due iroiii 'approved reserve
agents
Checks Mid other cash Items-...
Notes of other National Hanks..
Fractional pupur curieney, nick
els and i cuts
Lawful .Money Reserve in Hank,
viz: Specie 37!l,US2 il
Legal tender notes lO.Oitl liu
licdemptlon mud with U. S.
Treasurer. (5 per cent, of circu
lation) Due from l S. Treasury, other
llian&i icilemiitlou fund
55,(100 00
2.SU0 00
l.:Ht.hll, Nl
40,000 00
3.401 32
202 01
127,519 ftl
1.1U4 ill
l.Uij W
:uo 27
SI.7H1 50
2.700 00
500 00
Total l,fM5,W)i H.1
MAMUTir.s.
Capital steel; paid In
4
150 000 00
150,000 00
72,177 a
65.000 00
1MKI 00
I. 22 Oil
210 07
MIITllllS fl.llll..
Undivided mollis, less expenses
and taxi s paid
National Hank notes outstanding
Stale Hank notes outstanding ..
Due to other National Hanks.. ..
Due to .Stale Hanks and Hankers
Individual deposits subject to
check fl,-l2l.:i74 75
1,.,.,.1 ..,...WT,.,.f..u .,r
deposit 23.IW 00
Certified chei ks 55 00
Cashier's clieck out-
su menus 217 15
I I! juris Ijt.rrtwcri
i .Notes ami lulls rcdlscoimled....
! Illlls payable, liiclurilUL' certill-
1.453 AW !W
-Mine
None
, K'jJ" "..V".. .... ' .....
' I.iabilltleso he'rthan thoseuhovo
j Mat"1
None
None
Total Kl,H83,i3 83
Stale of Pennsylvania, County of Wayne, ss.
1, Kuwhi I'. Toncy. (-'ashler of the above
naiiicu naiiK, oo solemnly swear that the
above statement Is tine to the best of my
knuwk rife and belief.
K. I". TOli KICY. Cashier.
Subset bed and sworn to before me this
.li day o. I'eb., 1W.
V. ii.stoni:. N. P.
Concct-attest:
II. . Kl'SSKI.I.. )
H. H.HAnnEMiERau, Directors
I'. II. .Murray. i
rOURT PROCLAMATION. Whereas, 1
j tlie Judge of the several Courts of
the County of Wayne has Issue tl his precept
for holding a Court of Quarter Sessions, Oyer
and Terminer, and (Icneral Jail Delivery Hi"
and for said County, at the Court House, to
beuMn on (
MONDAY. MARCH H.W0II.
and to continue one week:
And directing thnt a (hand Jury for Ihpi
Courts of Quarter Sessions and Oyer and I
Terminer he summoned to meet on-Monday,
Mnrchl.l!0,J,nt2l. m. I
Notice Is therefore hereby slven to the
Coroner and Justices of the Peace, nnd Con-1
stables of the County of Wayne, that they he
men aim mere m men- uroper persons, at
said Court House, at 2 o'clock In the after
noon of said 1st of .March WM. with their
records. Inqulsitioiis.exanilnat Ions and other
remembrances, to do those things which to
their olllees appertain to be done, and those
who me bound by recognizance or otherwise
toproH'cutothe prisoners who are or shall
bo In the Jail of Wayne County, he then mid
thereto prosecute against them as shall be
just.
(liven under my hand, at Honesdale, this
11th day of February, 1000, and In the I.tld
year of the Independence of tlio United
states.
M. MilC HItAMAN, Sheriff.
Attorncys-at-Law.
TT WILSON,
umcc. Masonic nyiinine. second
Honesdaic. Pa,
M. H. LEE.
ATTI HNEV X PAIIVDM nn. i m .
uiui-uuYcr pose oiuce. All leeal bus
nroniDiiy ntiennpfi in. irrtnnaH..in i
TJ1 C. MUMFORD,
oince LiDerty Jinn hulliiw ...,i.
Post Olflce. Honesdale. Pa.
HOMER GREENE,
ATTOHNEY A COltNSKt.nn. it-
v..i.vc mi-, iwii a siurv, xiuucsuajo. 1
A.
T. SEARLE,
ATTOUNEY A COUNSRMih.it.
I Ullrtrt ..nn.. I ....... 1 1 t . .
0
ROWLAND,
Olllco over l'ost Olilce. Honesdnle. I'll.
.uji.i r. . ul unr.i.iiii.i-i-.i
nllARLKS A. McOARTY,
.Special nnd prompt attention given t
collection of claims. Olllco over Helt'tf
More, jioiiesuaie. 1'U.
V. KIMRLK,
. ATTORNEY & COUNSELOR-XT-
Olllco over the post olilce, Honesdnle.
Hf K. SIMONS,
JJLL A 11 U It A Fa I tic LU SHI LU AT-
!.. 1 .... II . tl
in uit: v; n ii utilise, iiiiiii'n
ra.
rTKRMAN HARMKb,
. I'utents and pensions secured. Olilce
M-nucrnoiz uunmiiir, lioncsdule, ra.
T)ETKR II. ILOFF,
-i- a -i tuhnky a f:miNHKr.nn-AT.
Ollll-e Kerniii! flivir olrl
Huvlnes
bulldinc, Honesdnle, I'a.
EM. SALMON,
. ATTORNEY A COUNSKLOR-AT-
..nnln.1 I... tlF II ll......t.1. ,f ...
Dentists.
It. E. T. BROWN,
DENTIST.
int;, iiuuesiiaie, rn.
Physicians.
DR. H. B. SEARLES,
1IOXESDALE, TA.
-icieoiiones. iimeu iiours'ixi in j-h
y:uu to b:uu. o. in
B MB HID- HH B
IS SIB BVSaiaa
Fire
TI.a rT TvT"0T T"J.. r
A . TT T f a
iigcuuv in wayue luuih
Oilice: Second floor Masonic
ing, over U. C. Jadwin's drug
Honest! ale.
MARCH I, 1909.
A CARLO A
WILL ARRIV
At BROWNS.
I