davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-02

worth considering. Their insignif-
canoe tended to impart confidence to
holders. but a decline of Id at Liver
pool was of greater influence as a fac
tor and prices opened lower No ag-
greSSive activity either by sellers or
buyers was noted. in fact, the trade
was remarkably light Receipts in the
northwest, $40 cars. against 562 last
Tuesday and 1.343 year ago, were
encouraging. although snow blockades
in that section may have a great deal
TO do with the restricted movements
Chicago received 5S cars and inspected
out %, 976 bushels. ThOman issued a
report estimating the supplies of wheat
in first hands a $4,000. 900 bushels less
than a year ago. He also gave the
area seeded as 5000. 600 acres, against
23. 100000 a year ago. and the condi-
ton at $50 per cent against S6-7 per
cent at the corresponding time in 1885,
Bradstreet'S reported a decrease in the
worlds stocks of 1861 900 bushels, which,
from the smallneSs of the reduction.
proved detrimental to prices; closing
Paris cables were lower; Berlin and
Antwerp higher. Export clearanceS
amounted to 30S.74S bushels. At the
close the feeling was weak. and inside
quotations were established about that
time. May wheat opened from $3.50
S4ts, sold between S45s GSS$s. closing at
S315-1A under yesterday. Estimated re-
ceipts for tomorrow. nine cars No
red spot wheat ranged from 90AD
92Ss. closing about 500 91h.
PrOvisions-The provision market
opened active with everybody anxious
to sell. The demand was backward and
prices receded. An unexpected heavy
run of hogs at the yard. attended tby a
decline in their prices, was responsible
for the weakness in product. Later
business showed animation. January
pork closed SOC lower. January lard ~
lower and January ribs 20 lower. Clos
ing prices:
Wheat-December, sou; May. ss14;
July, 771s.
Corn-December. 2s1s; January, 2s7s;
May, 265s G2624.
Oats-December. 1875; January. 1875;
May, 212s.
May, 1914.
Lard.Deeember. s.7714; January.
S.971s; May, 4.20.
Ribs-December. $50; January. SIS;
Nav, 4021R
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-02

Lion hill in Ophir mining district,
already has one big enterprise IN the
shape of the Northern Light mine, but
The Herald is informed that deal has
been consummated in this city that
promises, when the plans of the parties
interested are carried out, to develop
into the second biggest thing in that
portion of the district, which has al
vavs been noted for its rich mineral
ization.
Within the past three days E. w.
Center, S. w. Morrison, j. j. Stewart
and Parker and Depue, of this city,
have secured controlling interest IN
the Mckinley group of 13 claims winch
adjoin the Northern Light mine on the
northwest, and it is stated that II IS
the intention of these gentlemen, to
gether with James A. Fitzgerald, the
former owner of the group, TO ncor-
porate a company for its development,
and this company, ii is stated, will first
see the light of day about the first or
the year, at which time active work
will be commenced in the development
of the property in a thorough ana
scientific manner
The claims embraced in the McKin-
ley group are the Kickapoo, the New
York, Fraction, Dr. Woodruff, Emma,
New President, Protection and Mckin-
ley Nos. l, ,, 3, 4, 3, 6 and l.
This group, adjoining,as ii does, the
Northern Light mine and extending
over towards the new strikes just made
in the Omaha and La Cigale mines, IS
a very valuable piece of property, and
especially so as in the past several of
the claims have been worked with sue
cess by chloriders who have shipped a
great deal of rich ore from almost at
the grass roots.
AT the present time it is the intention
of the new owners of this ground to
go for the silver leads in their prop
erty as they are very prominent and
the precious metal can be taken out
almost at the surface. The first work
in the development of the property Will
be to run a tunnel in on the ledge that
crops so strongly on the New York
claim, and it is believed that it will not
take much work to place the enter
prise on a dividend paying basis.
There are two things about this new
mining venture that are pleasant to
dwell on, and this is that the group of
claims are gilt-edged to start with,
with no doubt as to the ultimate out
come with development, while the sec
ond is that the men who are heading
the enterprise are composed of some
of the best business men in the city,
and this, in itself. is a guarantee that
everything will be carried on in a way
that will be satisfactory to everyone
inf
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-02
COMING APPRoI'RIATIoNs.
Senator j. 6. Cnnnon's views as to
What VIII Probably Be Done.

Washington, Dec. 1.-The subcommittee
of the house committee on appropriations.
in charge of the legislative, executive and
judicial bill, met today at the capitol to
work upon the measure in advance of the
assembling of congress. They had before
them the civil service commissioners, the
new commissioner of internal revenue, "
S FOrman of Illinois, and several cnieiS
of the treasury department, who set forth
the needs of their several bureaus. The
policy of the committee in regard TO
appropriations was outlined by Hon j.
G. Cannon, chairman, who said 10 a re-
porter for the United Associated Presses:
LAS published recently, the estimates
for Notifications amount &c something
of congress, a new and important de
parture was made with reference 10 the
manner of appropriating for fortilicalons
by giving TO the secretary OF war ar-
thority to enter into contracts Tor ma
terial and labor in constructing gun aud
mortar batteries at the important ports
on cur sea coast to the extent OF S-,.V1.t9i-
lust what the dep3 rtment has done IN the
way of administration under this au-
thoritv has not yc. been develo2ed-
1.-THE committee will probably be en-
abled to complete the preparation OF the
pension appropriation bill ana report II
10 The house on the first or second day Of
the coming session. and they expect 20
have the legislative bill IN CONDITION 10
report by the middle or last q the n i
week The subcommittee on the pension
bill VIII meet Thursday morning next
what viii Be the policy Of the COM
rnittee touching recommendations OF ap-
p~orriations at this session. was asked
..'rhe committee Mr. Cannon answered
Twill no doub. recommend appropriations
for an efficient public service The re-
CENTS Of the government, however, are
less than the expenditure and this deficit
has heen and is being made up by Dor
rowing money at interest. As long as this
SITUATION continues. the ar-rocriat tons
and expenditures should be held down
r;gidlv TO the smallest aggregate com
rafibis with the efficiency of the public
service
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-02
LOCAL AND FOREIGN INVESTORS
Home Men Must Act Quick if They
Want the Cream.

nome wen Must Act Quick if They
Want the Cream.
The following. from the San Fran
cisco Mining and Scientific Press, ap-
plies not only to the state of California
but to the entire west:
The advent of the foreign speculator
for the purpose of purchasing mines is
looked upon with alarm by some who
believe that large proportion of the
best mines Will soon be taken up and
owned abroad. 1t is unfortunately true
that too large a proportion of the mine
owners would rather sell mines than
work them. Then, of course, MANI of
them have not the necessary capital
10 properly develop their properties.
However, there has been a large in
crease within the last year of that best
class Of minerS-men who are looking
for mines to work for the profits to be
made, rather than for speculation.
They, and not the spectators. are the
men who will do most for mining. and
who Will add dignity to the calling.
The great change in sentiment in
reference to that industry that has
taken place within the last few years
Is best illustrated by the San Fran
cisco downtown business men" A
lew years ago an offer of a mining in
Vestment TO one of these men would
nave made him throw IN his ewes in
III u liz NOulQ captain lDat he never
sambled.
Now all that is changed. More
money has probably been invested in
the mines of this state within the past
year by San Francisco business men
than by any other class They have
learned that mining may be conducted
as any other legitimate business enter
prise. and the fact that they have
learned this means much for the future
WeHare or the industry, and particu
larly for the welfare of California. II
means that not only a large proportion
OF The profits of the mines will remain
at nome but, more than that. it means
mat mining will be conducted as if
should be, by careful and conservative
men, who are looking for Investment
for their money in a business that
economically and carefully MANAGED
VIII give them large profits. They will
be much more interested in new
methods of mining and milling than in
the Vaccinations of stock dealers or
promoters. u
The day of pure speculation in mining
IS Iast passing away the world over
Inc big English syndicates which are
looking Tor mines to offer in the Lon
don market, expect to buy ONLY mines
Whlch they can practically guarantees
70 thelr clients. The good work done
for English syndicates bv CaIisor,,;o
engineers. and the splendid renntst iia,,
they have made as a class for integrity
has given them standing in I,onf,o,,'
That enables them to do much toward
turning capital to this state. II is 10
be hoped that this new interest of for
elsn capitalists viii further stimulate
local capital to rival them in seeking
Investment here.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-02

pany viii declare a dividend the first
of every month, and that in time these
dividends will grow larger
The Sacramento is nov considered as
one of the most promising mines in
Camp Floyd district, and it is said that
in this mine there is the greatest
showing of ore today that is TO be
found in any other property in the
camp. and this is easily believed. as
it is claimed that in one place in the
mine 2 breast of ore is all of 100 feet
in height.
The new mill. now that it is run
ring satisfactorily, is making a high
saving. and, all things considered,
there is no reason why the company
should not pay good dividends in the
future.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-02
MINES, MINING and milling.

notwithstanding the fact. that this
ground is involved in a lawsuit
STEPS are now being taken to incor-
porate on TIE Gold Hill mining claim,
which adioins the Utah Spur mine on
the north. This is a very promising
piece of ground and shows surface
values running as high as 104 ounces
in silver and 81 in gold to the ton. This
is continuation of the Utah Spur lode
and is soon to be developed by means
Of a tunnel which will also tap the
vein at a depth of about 400 feet.
Capital is beginning to find invest
ments in this camp and it is believed
that in the spring there will be a great
deal OF excitement there
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-02
ANOTHER ENTERPRISE.
A Group on Lion Hill to Be Ex-
tensively Developed.
THE HIGHLAND BOY MINE.
WORK ON THE sIILL WILL NOT
COMMENCE UNTIL SPRING.

The Silver King Trouble-Outlool2
For the Re-opening OF the Mine
Not So EncournSing--The Sacra-
mento Dividend-Win Pay u Neat
Little Sum ON the 18th of This
Month-In Camp Floyd District
Interesting Budget of News From
Utah's Great Gold Camp-WO-k On
the MoIIie GibsOn-ShOwing in the
Buckeye. at Tintic-The bullion
Beck Tunnel Comp1ny-ore anu
BuIiion-Siiver and Lead-MininS
Notes and Personals.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-02
THE HIGHLAND BOY.
Work VIII Not Commence in the
Construction of the Mill Until
SuriuU.


Spring.
Thomas Weir, under whose mana ge-
ment the Highland Boy mine at Bing-
ham is being developed. came in from
the mine Monday night. and he Informs
The Herald that the property is in first
class condition, and that in the new
working tunnel, which is to be 500 feet
in length, the contractor is now push
ing work with force of eight men.
and that already, with this force, the
tunnel has been driven a distance OF
10 feet, and Mr.. Weir states that the
contractor is doing a fine job, and that
when the tunnel is completed it will bl
one of the best pieces of work to be-
found in the camp.
Besides the men at work in the tun-
mel Mr.. Weir is working five men in
the development of the NINE which,
he says, is looking well, as il is esti-
mated that in this property there is
enough ore now in sight that viii carry
average values of $40 in gold to the
--i+7. 4 capacity of 100 tons of ore
daily, and while this mill viii not he
l.,--.- las Wilter, as il is now growing
too late in the season TO begin such an
enterprise, it is the intention TO let
the contracts within the next two
weeks, so that work in the constrUc-
ton of the plant can begin as early in
the spring as possible; and this mill.
The Herald is informed, Will be ono
of the best ever put up in this coun-
try. and Mr.. Weir says that the COM
pany will not stand on few thousand
dollars in perfecting the plant, which
will use a combination amalgama ton
and teaching process.
It is variously estimated that the
ores of the Highland Boy can be mined
and milled at cost ranging from 81
TO S3.25 Der ton, and as at this cost
there will be great saving il can
readily be seen that with $40 ore to
run on the company viii soon be on a
dividend having basis
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-02
kansas city Live stock.

Kansas City. Dec. III ss-Receipts.
$500; dull, 15@25c lower; light. $3.50
1885; medium, 3.2OGS.221k; heavy. 315@
3.271s; pigs, 2.SOG3.1O.
Cattle-Receipts 1900: market for
best steady: native steers. best. also
4.75; fair TO good. 3.15G4.15: cows and
heifers. best. 2.956325: fair to good.
1.7502.95; bulls. 1.7OG2.75: stockers and
feeders. 3.00G4.10; Texas and western,
2.5O03.00; calves, 5.0O612.OO.
Sheep-Receipts. $500; market steady.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-02

New York, Dec. Money on call
easy at 2Q2lS per cent; last loan at
2 and closed offered at ? per cent
Prime mercantile paper 4@4la per
cent.
Mexican dollars, SOS.
Sterling exchange, steady. with ac-
tual business in bankers bills at 4.SSl2
Q4S3A for GO days and 1864 G4.S7 for
demand; posted rates. 4.S4iAQ4S7l2.
Commercial bills. 1924 G4.S3A.
Government bonds, firm; state bonds,
dull; railroad bonds, firm.
Stocks earlier in the day were weak
er on further selling by professional
operators, who have been working 10
bring about liquidations for a week or
so The decline was insignificant, ex-
cept in the case of a few SpecialtieS,
such as Illinois Steel, Denver & Rio
Grande and the Big Four. The tactics
of the bears and sold-out bulls failed
TO dislOdge long stock, and shortly
after the opening the market drifted
into dullness. In the last hour the
bears, recognizing their inability to de-
press prices, started in TO cover. The
result was an advance all along the
line In the case of Jersey Central,
Consolidated Gas, Omaha and Chicago
Gas, the rise extended from ~ 10 S12
per cent. Omaha sold up S1a to 4lA;
preferred to 129: Chicago Gas. rs to
741s; Consolidated Gas, 21s to 59ia,. and
Jersey Central 8 to 104. The other
prominent issues moved no 1aGo2 per
cent Manhattan, Sugar, the Changers,
Tennessee Coal. Louisville & Nashville,
Reading, the Southwesterns and Pa
cific Mail all being in good request
The change for the better during the
afternoon session was due mainly to
an impression that the president
message TO congress will be of pacific
character. The president, it is un-
derstood, will not take decided stand
on the Cuban question. and will leave
the matter for the incoming admins
tration The rise in Omaha common
was due to rumors that the directors
intended to declare a dividend on the
stock in the near future. The story
on the board is that the dividend Will
be at the rate of per cent. per an
mum. Speculation closed strong, with
an advanced tendency. Net changes
show gains of las per cent. Total sales
were 2S5. 395 shares. including 90 100
sugar; 10000 Burlington & Quincy,
1000 St Paul and 16, 400 Reading.
The bond market was strong today.
The total sales were 81, $500
In government bonds, $4,000 coup. As
of 1925 sold at 1875 and $4,000 coup. SIS
at 1872.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-02
LivernooI Whent.

Liverpool, Dec. 1.-Spot wheat. 1rm.
moderate demand: California club. rs
SID; No. 1 northern, IS
Futures-Wheat, red American. firm,
good demand; December, IS 11s4d; Jan
uary. 6s ND; February, IS 11Ad;
March. 6s 114d.
Corn-Quiet, moderate; American
mixed. December. IS; January, ,Febru-
airy and March, IS 1ls4d.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-02

ST. Louis. Dec 1.-The Providence
Jewelry company. 4Os North Broadway.
made an assignment today. No sched-
ules of assets or liabilities are made
II is thought the failure of the SwoDe
Watch case company yesterday in
vclved the Providence company. The
firm manufactured and did a lar=e
wholesale business.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-02
South Omaha Live stock.

South Omaha. Neb., Dec. Hogs
Receipts, $500; market 15@2Oc lower;
light and mixed. S.2OQ3.35; heavy. 80
Q3.25.
Cattle-Receipts, 5000: market
strong, active; steers. 3.5O04.75; COWS,
1.50G3.25; feeders, 2.7563.75.
Sheep-Receipts. 900: market higher;
muttons, 3.75; lambs, 800
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-02
GOVERNMENTAL EFIRM
State Bonds Dull and Railroad
Bonds Firm.
PUBLIC DEBT STATEMENT.
CUBAN QUESTION AGAIN WORKED
BY THE CREATORS.

Wall Street Speculation Closed
Strong, With an Advanced Ten
dency-Monthly Report of the Di-
rector of the yint-Germnn-Ame
lean Bank of Portage, Wis, Az
Observation-Disclosures Jewelry Com
pany of st. Louis Goes to the
Wall.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-02
Ore and Bullion.

The ore and bullion receipts yester-
day were as follows:
Hamburger & Mcmillan, ores, 81. 99s.
Commercial National bank. ores.
$2,975.
Mccormick & Co., ores. So. 300.
Wells. Fargo & Co.. bullion, $500.
T. r. Jones & Co., bullion, IS 300.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-02
SALE OF DALY-WEST.
Park City Stock That Is in Good
Demand.
REGARDING STATE LINE.
DEVELOPMENT WORK IS BEING
PUSHED IN THE DISTRICT.

Being Made to In
corporate on the Gold Hill Claim
The Grand Central Mine-The Re-
cent strike in This Property an
Inportant ODe-BeIieved to he the
Observation-Disclosures and Manmoth
Ore Zone-LocaI aud Foreign In
Vcstors-Home Men Must Act
Quick if They Want the Cream.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-02
silver and Lead Quotatjons

The silver and lead quotations yes
terday We're as follows:
Western Union. bar silver, 651k cents.
lead, $2.75; casting copper, 105s cents.
United Press. bar silver, 651k cents.
lead. S3.O5QS3-l0; lake copper, 1lK@11B
cents.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-02
slcRAMENTo DIVIDEND.
VIII Pay "a Neat Little Sum on the
10Th of This Month.

The officers Of the Sacramento Min
ing company met yesterday afternoon
and declared dividend of half a cent
a share, or $1,000, payable on the 18th
of the present month.
This is the first regular dividend
that this company has paid since its
incorporation, and it is the general be-
lief that from this time on the COM
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-02
Mint nirector,r Monthly Renort.

Washington. Dec. 1.-The monthly re-
port of the director of the mint shows
that during November there was coined
179. 760 double eagles, value Sc. 595, 200;
Jog. 40 eagles. valued at 81. 067. 700; TO-
$50 half eagles, valued at 1884, 500; $500
quarter eagles. valued at $1,000. Total
gold, 370,290 pieces, valued at $1,000. 700.
standard silver dollars, 312.O45 half dol
lars. valued at S156O22 20; 7SS. 900 quar-
ters. valued at $197. 900, and $50, 900
dimes. valued at $780, eco. Total silver,
1884, 405 pieces. valued at $2.305, 022.50.
In addition to this the mint turned
out 500. 900 scent nickels. the value
being SIS. $50, and 4.055,00G pennies, val
ued at $40,55O. Total coinage for the
month, S7,45S 722.50.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-02
The Rncchnnfe.

Chicago Tribune: The preferred pro-
nunciation Of Bacchante appears to be
Bak-kant. Authorities are not want
ing, however, who pronounce it scan
dalcus.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-02
THE PUBLIC DEBT.
Statement at the Close OF business
Nov. 80.

Nov. so.
Washington. Dec 1.-The debt state
ment at the close Of business yester-
day afternoon shows a net increase in
the public debt. less cash in the treas
ury during November. of IS, 200. 3S3. 16.
The interest bearing debt increased $50
the non-interest bearing debt decreased
SIS, 500 and the cash in the treasur.r
decreased sS.215 .663.16. The balances of
the several classes Of debt at the close
of business November 80 were: Inter-
est bearing debt, $S47. 1864. $50; debt on
which interest has ceased since ma
turity, 81. 591, 620z6; debt bearing no in
terest, S372. 40. 11740; total. S1,221. 1885,
257.40. The certificates and treasury
notes. Offset by an equal amount OF
cash in the treasury, outstanding al the
end of month. were S567. 523, 923. an in
crease of S3.1SS, 900. The total cash in
the treasury was $685.. 951. 579.S1; the
gold reserve was S1c0, 200. 600: net cash
balance, S125. 357, 09S.47. In the month
there was an increase in gold coin and
bars of S14. 203. 26S.71. Total at the close
was 1853. 527. 102. "a. OF silver there was
an increase OF 1921, 1856. OF the sur
plus there was in national bank depOs-
itories, S15.S32. S94.57. against SIS 119. 096.51
at the end OF the previous month
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-02

The ladies' of the First Presbyterian
church viii hold their bazaar at the
church parlors, corner Second South
and Second East. on Thursday and
Friday afternoon and evening of this
week. Admission free.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-02
Wisconsin, bank Closes

Portage. Wis. Dec. 1.-The German
American Bank today made an assign
ment to E. s Baker for the benefit of
its creditors The assets and Liabilities
cannot be learned.