davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-01-18
HEAVY LOAN BEING CLOSED
Transfer of the Groesbeck Com
pany Encumbrances Involved.
EIGHTY-FIVE THOUSAND,
THAT WILL BE THE AMOUNT OF
THE NEW LOAN.
Don Mcguire Has Finished the Col
lection OF the Permanent Exhibit
of Utah's ResOurces-WiII Be
Placed in Chicago and New York.

Within the next few days the details of
one of the largest loaning deals which
has been closed up in this territory for
years, viii be finally arranged and the en-
cumbrances on The Groesbeck Company
will be shifted to other hands than those
now holding them. A new loan has been
negotiated and the board of directors of
THE company has authorized the change.
1t is to be a loan Of $4,000 and will take
the place of the present loan of $4,000
and $4,000.
The first business meeting of the.bOard
of directors of the company was held yes
terday morning and the matter OF the
making of the change of loans was the
chief topic of discussion. As stated in
The Herald at the time of the annual
meeting, several of the members OF the
directory rather favored the making of an
assessment to raise sufficient funds to
pay off the Indebtedness now on the
property of the company rather than
longer continue the payment of interest
These gentlemen were not in the major
Sty, however, and the loaning proposition
met, with the most favor at the hands OF
the board. 1t was practically decided that
the Provident Life Association, of Phila-
delphia, will be given the loan, the $50
600 to be furnished at per cent. interest,
with per cent. commission for the
agent making the loan. AT present the
company IS paying 10 per cent.on the
$6O, 900 and s per cent. on the $4,000 now
held against the property, all OF
which is Main and Second South i'm
proved business property, including the
Wasatch, Groesbeck and Union blocks.
Another meeting of the board is to be
held on Monday and by that date it is
anticipated that the papers providing for
the transfer of the loans Will have been
prepared and then submitted for approval.
! They are being drawn up by the compa-
lny's attorneys.
The placing of this loan ait per cent.
is another evidence of the abundance of
idle capital now seeking investment. in
this territory. 1t is not so long ago that
another loan of $4,000 at the same rate
of interest, was made by an eastern life
insurance company on Main and Second
South street improved real estate and sew
eTal others are now being negotiated.
There is plenty of money held here for
loaning purposes, but the property holders
seemed to have adopted the policy of ask
ing for about all the property Offered Is
worth, and as a result the agents who
have THE capital within their control are
not just now doing a thriving business.
They are loud in their complaint of the
business methods of the greater najority
of THE seekers after loans.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-01-18

of as fast as it is cut by a company OF
hard working men.
1t is not, then, because the wood yard
languiShes, but because it is doing
great work that we appeal to the pub
lie to support the association, both by
buying the wood and by buying work
tickets, lodging tickets and meal tick
cts; and also by sending in subscrip-
tons to the treasury.
Orders for wood can be left at the
general Office, II West First South
street, the wood yard, northwest corner
of Third South and Fifth West streets.
at AS South Main street. and at any
other place where the sign Is seen.
Persons who want to send men to
the yard for lodging. meals or work,
should procure tickets, which they
should give to the men to present at
the yard Tickets can be had by cali
ing at the general Office or sending to
the general secretary, Mrs. S. D. 3.
Cummings, IL West First South street.
Work tickets, which call for payment
in money, are sold five for a. dollar.
Ordinary tickets, which assure lodging
and meals for three days in return for
work, are sold ten for a dollar. Meal
tickets, which assure a meal without
work, are sold seven for n dollar.
These are intended for persons who
have had men do work for them and
wish to feed them but do not find it
convenient to dO so themselves.
Sure of your interest, thanking you
for your kind words hitherto, and
hoping for the support of the public, ]
| remain, very truly yours.
L. 3. RIDGELY.
Chairman of the Associated Chari-
ties committee on wood yard.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-01-18
PHOENIX SHOWING UP.
Annual Meeting of the Company Has
Been HELD.

The annual meeting OF the stock
holders of the Phoenix Silver Mining
company has just been held, the only
changes made in the official directory
being the resignation of w. H Hof-
heimer, as president, and the election
of A. Hanauer, jr., ito the office. This
leaves the board of directors made up
as follows: A. Hanauer, jr., A Geb-
harCIt, H. T. Duke, Fred Rehiman, ~
Fl. Hofheimer and William Schade. OF
these Mr.. Hanauer is president: Mr.
Gabhardt, vice-president; Mr. Rehiman,
secretary, and Mr.. Duke, treasurer.
Reports were received from tis~ pro-
perties of the company, which ara To-
Gated in Little Cottonwood canyon, and
a large box of very good ore was ex-
hibited to the stockholders. The report
of the foreman was to the effect that
the drift from the tunnel has been
driven forty-five feet within the past
thirty days and may now strikd the
vein any day The indications are very
flattering and from the stringers al
ready cut rock showing wei in both
silver and gold has been taken. 1t is the
intention of the company to continue
the search for the vein, even should 1T
require the whole Of the winter.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-01-18
PERSONAL MENTION.

E. j. Kearnes. of Gunnison, is at the
Walker.
j. H. Clemes, Denver. is registered at
the Knutsford.
NJ. p. Thomas, a Pueblo mining man,
is at the Templeton.
Tom D. Pitt is in from Cordnne, and
stopping at the Cullen.
Frank SIosson, of Kanosha, Wis, is a
guest at the KnUtSford.
James Evans, merchant of Castle
Gate, is a Templeton guest.
Louis Lund, of Denver, is a. travelling
man stopping at the Templeton.
T ]. Lewis and wife, tourists from FIRE.
mont, Neb., are at the Templeton.
w. NJ. Reeves and S. W. Gulby, of
Charlottesville, Ind, are tourists at the
Cullen.
Nathan Randall and wife, mining
man of HALEY, Ida, is a guest of the
Walker.
Jack Talbot and ]. &. Pelton, both
tourists of Omaha, are registered at the
TenlpletOn.
D. C. Mclaughlin and w. V. Rice are
down from the Park, and registered at the
Hnutsford.
H. r. Sloan, of Manti, is at the Walker.
on his way to Butte, where, il is under
stood, one of his nepheWs was killed and
arother injured in the sad casualty there
on the 18th.
W. o. Turrell, travelling representative
of the Columbia Bicycle company. is in
town for the purpose of making arrange
ments for the pushing of their machines
and is domiciled at the Knutsford.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-01-18
CHICAGO GENERAT, MARKrT,

8 Chicago. Jan. 17.-Wheat opened
quiet and steady at about the closing
price of the day before and held within
Il IF a cent of IS per bu. all afternoon.
Trade was of the dullest kind. The
primary market receipts were a little
larger than on the corresponding day
last week, but only half of the quantity
received ON the similar day of last
year. The ciearances in the Atlantic
ports in wheat and -four amounted to
523.000 bushels. The foreign markets
were, in the main, firm. The market
finally turned weak during the last
hour and May broke TO 575s 657$4. The
stubbornness with which the market
refused to advance discoura ged holders
and the liquidation carried prices
down.
The corn market was rather firm for
r. short time near the opening, but be-
came heavy later and quite weak about
forty-five minutes from the close of the
session. The receipts were even smaller
than the moderate number of cars es-
tin1ated yesterday. Business was dull
on the average.
The oats market was the only ap-
parent weakening factor. May opened
at 47B, sold as high as A77s@30H and
closed at 3Oss bid. Yesterday the mar
ket closed at 3024 @305s.
The provision market recovered
somewhat from yesterdays great run
of hogs. Today, although the hog re.
ceiTfts were still heavy, numbering A.
900 as against $4,000 estimated, the mar.
ket opened firm at a. little improve
ment on yesterdays closing prices
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-01-18
SHEEP HERDS ARE BARRED.
The Badly Mountain Nest of Summer
Range Campers.

Grazing the sheep of New Mexico
upon the grasses OF Colorado and
fencing the public domain in La PLAZA
county will probably receive more at
tention next summer than heretofore.
The prospectors and miners in the
vicinity of Badly mountain will object
to the fences ON public domain, and the
owners OF horses and cattle who pay
taxes in La Plata county, will urge
that they have better right to feed
their herds on that excellent range than
have the New Mexican owners of sheep
and other stock.
Last summer there were from 1880 to
5000 sheep feeding on the slopes of
Badly mountain, and the grasses not
eaten by them were tramped out by the
roots. 1t will require several years FOR
nature to repair the damage done to
this range by sheep in one year
in years gone by Colorado herds were
taken to New Mexico in winter to board
out the bills the Mexico herds made in
summer, but Colorado stock is Wintered
in New Mexico now at given price
per month, so that it can no longer be
held as an exchange of courtesies.
La Plata county stock owners will
hereafter earnestly protest against in
vasion by sheep herds, and the tax col
lector, it is suggested, may learn some
thing to his advantage by watching the
stock ranges Of La Plata county in the
summer Notwithstanding (Col) Her
aid.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-01-18

Although they have made formal re-
quest for permission to enter the I'M
derground workings of the Centennial
Eureka for the purpose of making a
survey in accordance with the order Of
the court, the parties to the suit
brought to restrain the Centennial peo-
pie from extracting ore from the Her
kirner ground, and their engineers have
as yet been unable to get to work on
the proposed drawings and maps, and
it is possible that they never will gain
that advantage When the application
was made to the Centennial manage
ment for permission to make the de-
sired measurements a fiat refusal was
recorded. 1t is understood that the
case will be called up today before
Judge King for preliminary arguments.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-01-18

One of the latest arrivals from the
famed Ferguson district, which HIS at
tracted SO mich attend III during the
Ipast two years, but more especially
since Captain De Lamar made his
heavy investments in the Monitor and
Jim Grow properties, is ]. P. Nesbitt,
one Of the members of the firm Of
Nesbitt brothers, extensive operators
ait Phoebe and in Ferguson. The gentle
man was at the Cullen yesterday and
will leave for England this morning
ON a visit to old familiar scenes. Just
before his departure for the north the
run at the Condor mill, the plant at
which the ores from the Monitor and
Jim Crow were formerly reduced, had
just ended, and the cleanup was ex-
trernely handsome, some very rich ores
having been treated. The plant is now
closed down for the winter, it being.
practically impossible to deliver ore
from the mines on account Of The con-
dition Of the roads. The Condor is
owned and operated by the Nesbitts
and makes regular Shipments of bull
lion to this city.
In response to questions, Mr.. Nesbitt
! stated last evening that the construc-
ton of the new mill ON the De Lamar
properties at the town Of De Lamar,
is being rushed with all the speed pos
sible and the company anticipates
being able to commence tine treatment
of ores by the first day OF March, al
though it may be a month later be-
fore the machinery is ready for opera
tion. 1t will be enc Of the most com
plete plants in the west, and is expect
ed to save practically all of the values
in the ore, which ds free milling. Cap
tain De Lamar has already made ar
engagements for the transfer of the
gold bullion from the mill to Milford,
and William Parry will nave charge
of that rather risky work. 1t is his
intention to have a guard of some five
or six armed men, and the bars will be
brought north in a specially construct
ed safe. The Monitor and Jim Crow are
being worked to- their full capacity,
and considerable ore is being taken
out and stored in readiness for the run.
Great bodies of ore, which is said ITO
run as high as $500 and none less than
$50, have been blocked out. and with
the commencement of operations at the
mill the properties can be made to
produce almost any tonnage desired.
The new office buildings have just been
completed, dllu are now occupied ny
| the employees of the company. They
are all substantial structures, heated by
hot air and lighted by electricity.
At BuIlionvilIe, w. S. Godbe is work
| ing away with the reconstructed mill,
! using the cyanide process and saving
between 81 and Sc per ton from the
great tailings dump Of the old mill. At
present the capacity of the plant is
twenty tons, but new tanks are now
being put in, and soon Mr. Godbe will
! be able to take care of in the neigh
| borhood of seventy tons daily. His
good fortune viii cause much pleasure
among his great host of friends here in
| Utah.
One of the newest properties in the
Ferguson district is the Cold Cup,
which is said to have irIlmnese bodies
of ore which average SIT.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-01-18
Making Good Progress.

Good progress Is being made with
the cutting out of the shaft station
in the tunnel Of the Alliance, and it is
anticipated that sinking will commence
not later than the 10th of the coming
month The completion OF this station
is a delicate and at the same time ex-
tremely hard piece Of work, as the
miners are working constantly in the
solid rock of the hanging wall and the
chamber is to be 20x30X20 feet. The
shaft is to be put down to a depth
sufficient to get on what is thought
70 be the level OF the vein, and then
drifting will commence. There seems
to be no question in the world but that
the vein will be encountered at a
point where 1T is both extensive and
,scIL
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-01-18
InsnecteI the Plncers.

Messrs. Dern, Airis, Heinrich, Brown
and Sommers, of THE Mercur Gold Min
ing and Milling company, the two first
manned being also members Of the
West Mountain Placer Mining COM
pany, spent yesterday at Bingham
inspecting the placer ground of the
company, and returned last night
greatly pleased with what they saw.
For some time past the work. has been
confined to- underground preparations
for the extensive development of the
property, and the pumping station
has been cut at the foot of the shaft
and tine pumps lowered into place. A
great deal of timberinlg has been done
and the ground over the bed rock is
again perfectly safe. The raising of
gravel is to commence in earnest with
in a short time.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-01-18

$S.021A. The close on the New York
market for the white metal was 591a
cents, as compared with $685. cents on
the day previous.
Copper-A great deal of business has
been done in this metal during the
week. says the Engineering and Min
ing Journal; in fact much more than
appears ON the surface. The demand
for wire bars and cakes has been good
and the companies are holding for 10
cents. Buyers had to pay this price
or fall back on electrolytic copper, for
which rather high prices have been
paid. Lake ingot changed hands at
from s7s to 9.S21s and now 1885 is
asked.
Lead shows a marked Improvement.
The lower prices recently established
and the cold weather have affected the
production, and refiners were retired
from the market. There being several
large orders in the market, buyers
themselves again bid up the price, and
we close very firm ait 9.10@3.121a, or an
advance of from to per cent against
the previous week.
The foreign market also shows a
marked improvement and Spanish lead
is quoted at 60 13s. 9d.@15s.; English
lead Is cd higher
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-01-18
Southern Mining News.

The Utah company are shipping be-
tween 500 and 1000 tons Of second
class ore from Fish Springs, says the
NIillard County Blade. This. in addi-
ton to shipments of ffrst-class ore,
will keep about twenty large teams
busy for some time TO come, and Will
put between Sc, 600 and $4,000 more Of
cash in circulation in this locality An
other thing in connection with the Ship
rnent of this second-class ore that is
most gratifying is, that the ore will be
reduced at the bennington smelter.
George Busby and \. NJ. Laird came
in from Detroit on Saturday. Relative
to Detroit, Mr.. Busby says every claim
upon which work is being done is i'm
proving. In the Charmed, OF which MIR.
Rushy is foreman, they are now stead
ilv sinking below the 100 foot level.
The shaft is in dead ground, and the
vein will be pierced at every 30 feet
in depth and levels run on the ore.
The recent strike of large quantities of
native copper in the lower workings.
is am encouraging indication of in
creased richness with greater depth,
J. B. Joy, of Detroit Mich, and G.
NJ. Howard, superintendent Of the Mer-
cur mine came in on Fridays train
and Immediately started to the Detroit
district. Mr.. Joy has returned to Utah
earlier than he expected when last
here. The object of mis- present visit
| is to start sinking on the keystone
and Hard Times claims that are both
on the same vein. a shaft 400 feet
deep will be sunk and the vein tapped
at that depth, where, it is confidently
believed, large and permanent ore
bodies will be encountered, for within
the entire district there is not vein
that showed better on the surface than
the keystone. All those who know Mr.
Joy and have been acquainted with his
efforts to bring Detroit to the front
in the past, will be gTatified lto SEE
! him strike a bonanza. And II 1T Is
| there he will find it.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-01-18
PERMANENT UTAH EXHIBITS.
Splendid Collections just Made By
Don Mcguire.

For some time past Don Mcguire, of
Ogden, has been devoting his time and
energies to THE collection of a most COM
plete exhibit of 1.-THE mineral and agricul-
tura1 resources of the territory, which is
to be divided into two equal parts, one
of which is to go to Chicago and the
other to New York. These exhibits are
to be maintained as a. permanent adYer-
tisanenit of the possibilities of Utah and
the shipments will be made from Ogden in
the very near future. The work is now
complete and the specimens are all packed
and ready for removal to the two great
cities named, where all of the necessary
provisions have been made for their
display in prominent places where they
will most likely attract the attention of
the probable investor. Mr.. Mcguire has
taken great interest I'm the matter and
naturally feels that great good will result
from the display of the raw products and
materials of the TERRITORY.
During the collection of the exhibit Mr..
Mcguire has visited practically every sec
ton of the territory and nothing was al
lowed to give him the slip that would
prove of interest to the eastern people
whose attention is to be thus diverted to
ward Utah. The gentleman practically
ignored the manufacturing interests,
however, arguing that the prospective in
vestors were not looking for established
manufactures, but for the raw materials
which could he changed into articles of
commerce.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-01-18

WHEAT-Spot quiet; demand moderate;
No. red winter, As Cd; No. red spring,
SIS 3D. No. / hard Manitoba, 5s 415d; Nc.
California, 5s 111ad.
Futures opened steady with near and
distant positions l farthing higher,
closed steady with near positions Ia
farthings' higher and distant positions
farthing higher. Business about equally
distributed. January, Is Cd; February, As
sgd; March, As sgd; April, As 10l4d; May,
is 10l5d; June. Is 10$id.
CORN-Spot steady; American mixed
new, As 212d.
Futures opened firm and closed steady
With near positions unchanged to / farth-
ing higher and distant positions 1GI2 farth-
iugs higher. Business heaviest on ear
lest positions. January and February, Is
2iad: March, is pad; April, May and June,
FLOUR Steady; demand moderate; St
Louis fancy winter, 5s 90.
HOPS-At London. Pacific coast, e los
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-01-18
All kinds Of coal. at Ellerbeck's, 10,
Main. Telephone sol.
THE WOOD YARD IS ALL RIGHT.
st. Pauls Rectory, Salt Lake.
Tan,1a1.u 1907

The WOOD YARD is ALL RIGHT.
st. Paurs Rectory, Salt Lake.
January 6, 1895.
To the Editor of The Herald:
Will you allow me to say q, word
in regard to your notice in this morn
ings paper touching the Associated
Charities? We were glad to see the
notice and fully appreciate it, but I fear
the words in regard to the wood yard
are likely to be misunderstood by the
general public. The wood yard is not
languishing. but is very actively at
work. 1t aims not to ease the life of
tramps, but to provide lodging and
meals to men who will work for what
they get. 1t gives nothing, except in
return for work. During the first two
weeks of this year is has lodged an
average of seventeen men every night,
and provided meals to the number of
twenty a. day.
1t was hoped, indeed, at the first, that
this work would entirely pay for it.
self, and under the efficient business
management of Mr.. Burns it would
now be doing so if we had not con-
cIuded in addition to this ordinary
work. to undertake supplying work at
small pay to married men who have
families to support, and cannot profit
by the lodging and feeding arrange
ments.
When it ds remembered that last
winter the city and the general relief
committee were taxed to the utmost
to provide such work it will be seen
that there is room in this direction for
the Associated Charities to spend large
sums through the wood yard. We have
been very careful and sparing in Civ
ing work for that very reason. We
shall not continue it much longer, de-
siraible as it is, unless the treasury OF
the association is replenished from some
source as it involves too heavy drafts.
In the end the yard will repay even
those drafts, but it cannot be disposed
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1895-01-18

Chicago, Jan. 17.-Not so many cattle by
$500 head arrived yesterday and the run
today was light, consequently there was
return of confidence and freer buying
from the start. Sales were principally at
3.40u450 for steers, and at 2.00q3.00 for
COWS and bulls. Few cattle were left over
and the close was firm.
mon ranging over $50 pounds, at 3.90@4.40
for averages Of go to 25) pounds, and at
3.7JQ4.20 for lighter weights. The bulk
of the sales were at 4.G0q415 for light,
and 4.150D440 for medium and heavy.
In sheer. today receipts were about Il, 0o0'
and generally of pretty fair quality; The
market was strong TO a shade higher
under good export and local demand.
Sheep We're quoted from eco tc 500 and
the bulk sold from $50 to 400. The top
for lambs was $50, though not many
sales were at that price. a good many
sold around 4.45 and the bulk brought 4.0J
@4.40.
Receipts-Cattle, 1900; calves. 400. Hogs,
45 600. Sheep, $4,000.