davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-01-18
EHE SAIL LAKE HERALD SATURDAY. JANUARY 1896.

umns, there is considerable activity in
mining matters almost within the en-
virGnments Of Zion, and mining loca-
tons are being almost daily made
within stones throw of this city
Since January 10 the following loca-
ton notices have been filed for record
with the recorder of Hot Springs min
ing district, who has an Office in Salt
Lake:
The Carnadine placer claim of 100
acres, in section 271, township l north,
range l east, by S. Winberg, E. Win
berg, E. NJ. Smith, Margaret Smell, j..
j. Smell and D. S. Davidson.
The Smelling No. I lode, located one
half mile up the left hand fork of Dry
canyon, by ]. J. Smell.
The Addie lode, being a relocation of
the Bavaria. located seven miles up
City Greek canyon on the west side,
by Chris WAGNER and W. B. Carlisle.
The Victor Nos. / and 2 lodes, in
City Creek canyon, by c. B. Felt, ].
G. Felt, A w. Felt and j. L. Tibbetts.
Utah placer claim, located on the
northwest quarter of section rs, town.
ship ! north, range / east located by
e. A Adkins, e. B. Adkins, f. ]. Adj
kins, Thomas Kane, 0. f. Solomon,
Francis Solomon. E. Rousch and a. D.
Ferron.
The Harje lode, located by c. A. Sc
quist.
The Frekla lode, located by Christina
K. Rolin.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-01-18
SEEN BY BRADsTREETs.

New York, Jan. 7.-Bradstreets
financial review tomorrow will say:
Waiting and narrow conditions have
prevailed in the stock market all this
week. The assurance that the gov
eminent bond issue will be fully sub
scribed does not prevent the existence
of a feeling of suspension pending the
closing of the bids on February ..
Even with the notifications embodied
in Secretary Carlisle's circular of last
Thursday, which extends the payment
of the first 20 per cent allotment over
a period of three months, there is
thought to be reasonable danger of dis
turbance in the money market The
dissolution of the Morgan bond syn
dictate, announced on Wednesday last,
was no doubt inevitable, as no reason
could be found for its continued exist
ence. 1t would seem, however, that
this action renders the preparations to
bid for the bonds and to pay for them
after allotment more scattered, and
therefore more likely to produce in
creased Withdrawals of gold from the
treasury, which would result. Efforts
to obtain gold for bond subscription
purposes continue, and premium OF
p to q, or a little higher. has been
paid for supplies, the same rates be-
ing also quoted for legal tenders. Large
transactions on this basis occurred
early in the week, both in specie and
legal tenders, though the immediate
demand has slackened and the pre-
MUM has fallen off correspondingly.
The anomalous spectacle has been pre-
scented of gold both arriving from and
being shipped to Europe at the same
time. the former movement being an
artificial one, profitable only on &C
count of the premium referred to
above.
The absence of selling pressure and
the improvement of prices for Ameri-
cans in London caused covering of
shorts and some buying by the smaller
traders during the early part of the
week Londons purchases were. how
ever. on a limited scale, and represent
ed the closing of professional bear ac-
counts in that market, and at the close
of the week the tendency abroad in
regard to our stocks was less favor
able
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-01-18
DISCOVERY OF A NEW TITAN.

A purftanicaI policeman at Berne has
rendered a service to posterity. In a sec
ond-hand furniture shop in one of those
medieval and mysterious arcaded streets
that slope towards the Aarbrucke. the
gendarme observed an obscure canvas
and through the crust of dirt and smoke
which had gathered on 1T he was Just able
to make out that it was nude "A pagan,
1 am sorry to say" as Mr.. Pecksniff once
remarked. 1t was a recumbent wOman'S
figure. her head rested on her right arm,
and above her lowered a Cupid. Venus
and Cupid were at once impOunded by the
SeriOuS-minded gendarme. with the re-
mark that the state did not allow Frau
persons to be exposed without clothing in
the open street.
The Frau-person attracted attention,
she was visited by the directors of the
KuntsmuSeum, and was bought for 80
francs by Mr.. Otto Keller. Then the
goddess followed exactly the course OF
action adopted by the real and original
Venus centuries ago-she went TO Paris
TO establish her reputation. At Paris,
'cleansed from the incruSting dirt which
covered it, the picture came out in all
the Splendor of it's beauty. the harmony
of outline and richness of hue which pro-
claimed the hand of the master" The
experts have unanimously declared it a
Venus couchee by Titan. and a rich
American of Chicago, Mr.. Philip Armour,
has offered POO 900 francs for this once de-
spised au-person.-Pan Mall Gazette.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-01-18
VIEWED BY DUN.

New York, Jan. 17.-R. C. Dun &
Co.'S weekly review of trade which is
sues tomorrow, will say:
The situation could hardly be more
perplexing for business men. Practi-
cal merchants, manufacturers or bank
ers can have little sympathy for those
who minimize their difficulties. None
doubt that the government will raise
money to meet its obligations, but how
far the money market will be disturbed
or the treasury reserve first diminished
no one can say. The business world
cannot know as yet how far foreign
questions may upset calculations,
though there seems every reason to ex-
pect a peaceful settlement.
It cannot know what may be the
duties on any of the important imports
a month hence, whether imports are
likely to exceed exports and draw away
gold, whether the deficit of revenue will
continue, or what other taxation will
be levied. Failure of the senate to take
any action upon the financial meas
ures proposed by the president or
those passed by the house, affects un-
favorably all branches of business. I'm
der such adverse circumstances it is
actually encouraging that shrinkage in
transactions and resulting commercial
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-01-18

The exchange lobby was crowded as
usual yesterday by interested specta-
tors. and while the transactions were
comparatively light. still the general
average was good.
Geyser, for the first time, appeared
among the regularly listed stocks, and
while no transfers were made, the buy
ers and sellers stood pretty close to
each other
AIercur was also active in the way
Of bids and offers, and concessions were
made both ways, but no stock changed
hands, notwiths standing the fact that
1t was offered at figures on which yes
terday's sales We're based.
Mammoth was active and a large
block changed hands at a figure that
was somewhat below previous quota
tions, while Ontario presented a wide
chasm between the bulls and bears
that could not be bridged.
A small block of Sunshine was trans
ferred at a slight advance over yes
terday's closing quotation
Among the unlisted stocks, Little
Pittsburg was again a general favor
lite, and several large blocks changed
hands on fractional decline.
New American Natural Gas cut quite
a caper on the floor, but the brokers
seemed inclined to fill with short Or
ders only. and a small transfer was
made at a fancy price
The transactions of the day were as
follows:
LISTED STOCKS.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-01-18
WALL STREET.


New York, Jan. 17-Dullness was the
main character of the stock speculation
today, and as usual under similar condi-
tlon, a SagSy tendency in prices was
noted The aggregate dealings did not
exceed 10000, volume of business that
would in a regulation market be recorded
in a single hour or less. OF such a mar
ket detailed comment is almost superflu-
GUS Inc Senl-StagnatIon illustrates the
purpose of the larger operators to post
pone dealings upon an important scale
until the political and financial outlook is
clearer. Should the money market con-
tinue reasonably easy during the COM
paratiVely short interval before the bids
for the government loan are opened and
the success OF the loan is demonstrated,
improved condition of affairs in Wall
street is expected to rule, provided of
course that no political entanglements oc-
cur. In the initial dealings the market
was heavy and prices sagged throughout
the day, the depression becoming marked
in the closing dealings. The publication
of encouraging exhibits by several i'm
portant railroads for the second week in
January failed to stimulate activity or
advance London cables came lower and
the selling for that account. noted in the
market yesterday, was continued on a
moderate scale today. In the money
and exchange markets no special change
was noted. The engagement of only $lOOO,-
900 in gold for shipment tomorrow, despite
previous estimates of an OutgO of from
S2,OG0,OOO to $3OOO,O0O, did not elicit any
encouragement. A temporary demand
from the shorts resulted in an early ad-
vance of / per cent. in the stock to 1O1.
The abatement of the inquiry for cover
ing purposes caused a reaction later in
the day to 991a. Sugar lost about l per
cent, despite a reported slight advance
in hard grade of the product
In the railway bond market prices were
fairly we'll maintained in the early trad
ing In the late session, however, de-
cIines occurred in sympathy with the de-
preston in the stock speculation.
Government securities were quiet on
sales Of SO 600 The Fl --~eF nmfv-vp ~
sales of 1900; the fves coupon were 1t3
per cent lower IN the bId prlce on sng
first call but subsequently were TRADED
i'm at an Improvement of Is per cent over
,,ae-t erda v'S closing bid.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-01-18

London, Jan. 17-At the wool auction
sales today, 14.47O bales were offered. of
which gel were withdrawn. A capital Sc
lection was offered and met with spir--
tied bidding. An excellent selection l. of
ings. and was practically monopolized
by the American buyers after r., paying
q above the December sales. The gen
erai tendency was against the buyers.
The American purchases today amounted
New South Wales, 3.293 bales; secured
1Od. G11s sled; greasy, 512d@1O1sd.
Queensland, l. 400 bales; secured, Is. cd.
greasy, Sd. @91Ad.
Victoria. 1888 bales; secured, Idols.
SID; greasy, 6d-Q912d;
swan River 824 bales; secured, 1Olad
greasy, Sgd. GS12d.
New Zealand, 2.12S bales; secured, I'D.
01s. 215d.; greasy, Sad. old
Cape of Good Hope and Natal, 2,l08
bales; secured, 9d-@1s. Sd; greasy, AID.
0Sd.
gid
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-01-18
FOREIGN FINANCES.

New York. Jan 1.-THE Evening Posts
London financial cablegram says:
There was considerable reaction today
in all the markets which were running
UP too fast. The absence of business,
together with profit taking, caused gen
eral relapse. None of the markets were
really weak except perhaps Kaffirs, and
there the weakness was due to fears of
a serious labor difficulty at the mines
some time to come.
American railroad shares were down
with the other markets, but the bond
market keeps good, which is an encour-
aging sign.
Gold is being quietly picked up here in
the open market for America.
Consols were lower today on a revival
of rumorS Of suspension of the sinking
fund. The rumor is probably a bear fab
rication.
The Paris and Berlin markets were
firm. The former was more active than
of late.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-01-18
UTAH's FIRST BORN

In order to determine and properly re-
cognize the important historical fact
as to who were the first son and
daughter. of Utah born under
statehood, The Herald will pre-
sent with it's best wishes for the long
life and prosperity of the recipients, a
sterling silver cup, gold lined dn the just
and equitable ratio of 16 parts of silver
to 1 of gold, to each, the first boy
and the first girl born within the boun-
diaries of Utah after 500 o'clock of The
morning of that suspicious day, Janu-
AIRY 4, 1896, that being the hour and
minute by local standard time that the
proclamation of admission was signed
Each cup will be appropriately en-
graved and will be worth $50
The award will not be made until
all the counties shall be heard from
Let each applicant state the name of
the parents, place of birth, full name of
child and the minute of birth with the
names of witnesses.
The child must be living at the time
that the fact of precedence is deter
mined.
Realizing that questions difficult OF
adjustment may arise, The Herald re-
serves the right to appoint a committee
to examine into the proofs and determine
the order of precedence
Carry the news to those of your neigh
bors who do not read The Herald, If
any such there be.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-01-18
THE BUTERFrELD TUNNEL.
a Bingham Enterprise of Magni-
tude and Worth.

A Bingham Enterprise of Magni-
tude and Worth.
In the spring work will be resumed
/ in the long Butterf1eld tunnel in West
Mountain district. This tunnel is be-
ing driven by the Butterfeld Mining
! company for the purpose Of draining its
group of mines between Bingham and
Butterfield canyons. and incidentally.
to also drain the other great mines in
/ that locality
The tunnel is now in distance of
5000 feet, the face being only 1000 feet
from the northeast end line of the
Northern Chief lode, one of the Butter
field group. When completed. the tun-
/ mel will have obtained depth of 1900
feet below the surface, and a depth of
/, 400 feet below the deepest workings
of the mine, and will also drain the
mines of the company so that the great
bodies Of high grade ore contained in
+ them can be easily and economically
extracted
In driving this tunnel several ore
! bodies have been cut at depth of / 400
feet, thus showing the continuity and
! permanency of the ore bodies of that
locality. which, in itself, is q great
thing for that district, as this work
! has practically demonstrated the
.
/ of the camp. The ore bodies cut by the
/ tunnel were very rich, going from 400
to $50 ounces silver, 50 to SO in gold
and about SO per cent. lead to the ton.
Mr.. George w. Keel the manager of
the Butterfield property, is now work
( ing twenty men in the Northern Chief
mine, and is taking out from $50 to 200
/ tons of ore daily that runs so ounces in
silver, 50 to $40 in gold and IS per cent
/ lead to the ton. The Northern Chief
! is now being worked through a tunnel,
and an uDraiSe is being made in a
solid mass of ore, and it is expected
/ that at any day now connections will
I be made with the upper workings of
/ the mine, which are now full of water.
upon the contamination of which, q
much larger tonnage can be taken out
/ as bad air and cramped quarters at
/ present prohibit the working of MANY
men.
In the Queen NINE which in the past
has been heavy producer of ore run
ming 100 ounces silver, u to Is per cent.
lead and some gold. the water has
taken complete possession, but upon
the completion of the long tunnel this
difficulty will be done away with and
large force of men can be employed
in the extraction of immense quanti-
! ties of high grade ore.
The Butterf1eld tunnel. when com
I pleted, Will reVolutionize mining OPERA
( tons in Bingham, and in consequence
a stream Of precious metal will con-
stantly flow from the mines of this
grand old camp to enrich the owners
thereof and bring prosperity and
! plenty to the inhabitants of the valley.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-01-18

disasters have not been greater. But
four large failures within day or two
indicate that the same condition can
not continue without much embarrass-
ment.
Speculation in products was not very
active, and wheat was practically I'M
changed, though Atlantic exports for
two weeks, flour included. have been
4,4S3, 1870 bushels against 4,27S,1 last
year.
Wheat receipts still make short
crop predictions ridiculous, amounting
for two weeks of January to 5,421 $50
bushels against 2.559,12 last year.
Corn receipts were also liberal and
exports about five times last years.
The opening of fine and fancy
woolens has brought no change in
prices. There has been some demand,
not enough to keep most of the mills
running fhll. Sales of wool in two
weeks have been 1884. 500 pounds do
nestle and 6,S62, 800 foreign against s.
269.615 domestic and 4,41O,20O foreign
last year.
The pig iron output for the
week ending January IL, was
2074S1 tons, decrease of o.
SIG, or 4.3 per cent in December, and
unsold stocks increased 91,125 tons, or
over 10000 weekly, while the great
steel companies whose stocks are not
reported, produced in December S42.-
936 tons. The production Is 50 far be-
yond the present demand for finished
products that temporary stoppage of
many furnaces is expected, yet pig
iron is higher. Bessemer about 80
cents, and grey forge and anthracite
20 cents, although finished products are
generally weaker, with less demand.
| Controllers of the coke and ore output
are said to have agreed to maintain
prices above those Of 1895, which
makes dearer pig iron, but if orders for
finished products do not materialize.
the increased advance in materials can
hardly be maintained. Minor metals
are weaker with copper at 9.75. about
5000 tons lead at cents and tin at Is
cents
Failures for the past week have been
much larger in magnitude, numbering
395 in the United States. against 373
last year, and 81 in Canada, against 60
last year.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-01-18
VISITED SUNSHINE AND .rERcuR.
Union Pacific Officials Take
Jaunt to Camp Floyd.


Jaunt to Camp Floyd.
A day or two ago a company of
Union Pacific officials, including
Messrs. Eccles, Dickinson, Bucking-
ham, Mcconnell and Young, in their
special car, made a visit to the gold
fields of Camp Floyd district. They
were accompanied by Charles Jacobs
and Frank Officer, of the Sunshine
mine and at Fairchild the party was
met by two four-horse rigs and
speedily transferred to the rapidly
growing camp of Sunshine. At the
sunshine boarding house a grand
spread awaited them, after partaking
of which the party examined the
mill and underground workings of the
great Sunshine mine
Upon returning to the surface re-
1reShmentS were again served. when
the railroad magnates again took car
rlages and We're whirled up over the
mountain and down into Mercur.
where they We're conducted all through
the workings of the bonanza Mercnr
mine.
That they were well pleased with
what they saw goes without saving
They were more than pleased-thev
were astonished, for the examination
OF a camp that had produced over a
mllllon and quarter in less than four
years, was more than they had count
ed on, and, standing on the Mercur
dump and looking down on the Golden
cate, the Marion and the Geyser
mines, they We're free in saying that
never before had they seen such a
nourlshing camp. for a youngster. and
that the wealth of ore contained in the
Mercur mines was greater by far than
they had calculated upon, and of all
these Mines" said one, "the Sunshine
Is not the least. by any means
AT Mercur, Manager Jacobs. of the
salt Lake d Mercur road, had q sneciaJ
train in waiting for the company. in
winch they returned to Fairfield and
then In their own train to this citv
winch they reached in due time more
Than pleased with their visit to tbe
Johannesburg of America.
concerning the Sunshine mine ono of
the party informs The Herald renre-
sentative that there is a mile of work
lnSS IN this property, all of which
with the exception of 200 feet is in
pay ore; also that it is the intention
10 sink the incline shaft. which is now
down TO the 5o0-foot level. to a dentb
OF l.5OO feet, and that the rails have 81
ready been purchased for this purpose
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-01-18
BUSINESS, MINING AND STOCKS

figure; Sears to Colborn at 33s, and
Hardness to Colborn at 81.
Gas opened with bid of l6 cents for
$50 shares. offered at IS. a sale was
made at 1715; Lowe to Pendegast.
Hill had 1900 shares of Minnie to
sell at 5 cents. No bids.
Dalton was inactive starting out
with a bid of S12 cents and an offer at
IL No sales We're recorded.
Allen wanted to sell Old Fred at 81.
No bids
East Golden Gate made quite a re-
cord for itself in the bidding and
offering, starting at 55 cents bid and
10 cents asked. and closing at so bid
and IS asked.
Colborn wanted to buy, and Hill had
stock to sell. An examination has
been made on this property and it will
probably be listed within a day or
two.
Allen purchased 1000 Richmond and
Anaconda after call at cent share.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-01-18
REAL ESTATE TRANSFERS.

Kate j. Farrell to Clayton R. Far
rell, part lot 5, block 20, plat F. 81, i
Rachael NJ. Wyatt to Herman Schen,
part lot l, block To- plat B..... rs
Anna Humphrey to Henry c. Hoff-
man ct al, lot 2, block 2, University
ouDuINISIOu ...........
Henry G. Hoffman ct al. to Anna
Humphrey, lot s. block 2, Golden
Park addition NEUTRALITY-SUSPICIOUS.. 2
MarcelIus j. Gray to Ada G. Gray,
part lot q block 3d. plat A.. Is, q
Ella S. Sears ct al, by sheriff, to
Frank e. McGurrin, part section 26,
township l south, range / east. 3
J. L. Ellison ct al. to Thomas Weir,
interest in Larsen lode.
Martin j. Sackett ct ux. to Francis
Mcdonald. part section 4, township
2 south, range 1 east. ................ 2,
Herman Schell TO Frank w. Gran
south, range 2 west. .................
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-01-18

divided into shares of the par value
of $40 each. is held by the following
incorporators: Fred j. Leonard, G. r.
Boutwell, and J. w. Mayne, $4,000
shares each; Francis Hall and W S.
Hall, $4,000 shares each, while Fred j.
Leonard, as trustee, holds $4,000 shares
The new concern owns the Seal and
Maine groups in the Camp Floyd dis
trict. G. r. Boutwell, is down as presi-
dent, Fred j. Leonard as secretary and
treasurer, and Francis Hall vice-presi-
dent, these, together withW. S. Hall
and ]. w. Mayne, make up the board
of directors
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-01-18
The Latest News From MerCur
and Other Utah
Camps.
TO OPERATE THE HIGHLAND
incorporation of the Gold Seal
Mining Company.

Considerable Activity at Stockton
IOcations Near Our City Limits
From the Walker Bros. & FyIer
CO-CO-Op Wagon and Machine
Company Declares a Special Div
idend-Thc ButtcrfieId Tunnel
Yesterdays charlottesville Bank
CIearinEs-Ore and Bullion Re
ceiptS-NIinfng Notes and Per-
gonaIs.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-01-18
SALE OF LISTED STOCKS.
1000 Mammoth at $1.40.
SO Sunshine at $345.
CALL OF LISTED STOCKS.

Alliance was beared from 20 to %
cents in the offerings. No bids
BulIon-Beck was offered at $40 and
then 50, with no buyers on the floor
Daly-WeSt was wanted at $3.50
offered at $3.50 and $625
Springer wanted to buy Geyser at
S1.35 and S1.37I5. The opening offering
was at $3.50, and Lowe. Allen and
Kenneth Donnellan wanted to sell.
Mercur opened at $3.50 bid and 81
asked; closing at Sc BID and 500 asked.
Hill wanted to buy Mammoth at
$1.35. and Lowe was willing to sell at
S1.50. A transfer was made at $1.4O
Thompson to Colburn.
Ontario opened with a bid of IS:
offered at $3.50 1t closed at $3.50 bid
and 1926 asked.
Lowe had Sioux Consolidated to sell
at S2.o5 and Kenneth DonneIIan beared
this to 81 No bids.
The bears and bulls charged furi-
pusly when Sunshine was called, and
the stock started out with bid of SO. So
and an offering at $3.5c. The limit was
reached at SS.45 and so shares were
knocked down at this figure, Fender
CAST to Colburn.
UNLISTED STOCKS