davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
WILL ISSUE SECURITIES.
Reorganization Committee of Harper
& Brothers Completes It's Work.

New York. Feb. 1.-THE committee
appointed o reorganize Harper &
Brothers, has completed its work. The
plan provides for the conveyance of the
entire property to a new corporation,
to be organized under the laws of the
state Of New York, which viii be en-
powered TO issue the following seCuri-
ties: s1,500000 first mortgage bonds;
S2,000,000 income bonds with voting
power; $4,000. 600 capital stock.
These securities are to be disposed
of as follows: First mortgage bonds,
s1,500,000 for loan Of Sj0,000-Si, $50. 600
for loan of $3.50. 000-S1. $50. 600: to other
secured cridetors 1000; to be held in
the treasury $4,000; total, S1.500,000.
Income bonds clearing l per cent in
teTest for two years. per cent for
three and per cent thereafter) $1,000
600; to be delivered to general credi-
tors at par, the excess. If any above
the amount required, to remain in the
treasury.
Capital stock, $1,000. GOO: To be is
sued to present stockholders or as may
be determined by the committee. and
in consideration of contract with
George B. NJ. Harvey for his service
as president Of the company for five
years.
The stock is to be placed in a voting
trust for five years. the voting tTus-
tees to be Messrs. 7. ?. Morgan, Alex.
z. Orr and George 3. N. Harvey.
More than 80 per cent Of the claims
having already been deposited with the
cOmpa- y. the success Of the plan is as
sured. The plan reduces the bonded in
debtedness from S3.e00,0 600 to 81 SEQ 600,
and the annual interest charges from
nearly 100000 to S55,8OO. 1t leaves the
organized company wholly free from
floating indebtedness and provides
working capital in cash Of s175.0O0.
which IS supplemented by $4,000 OF
the first mortgage bonds held in the
treasury and available for the same
D1lrnoca
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
ALLIANcE eoEs FoR Sc. Go.
Silver King Mining Company is the
Purchaser.

Silver King Mining Company Is the
Purchaser.
At a meeting Of the stockholders OF
the Alliance Mining company yesterday
the agreement to sell entered into be-
tween the c0mpany's directors ana
these of the Silver King Mining com
pany was ratified and the property was
turned over for S60,O00 or on q basis
Of 60 cents a snare for the 100000 shares
Of issued stock. Thomas Kearns, presi-
dent Of the Alliance company, NOteu
over s., 0GG shares in favor Of the trans
action. and while It is understood that
a protest was entered by some OF the
small minority, Mr.. Kearns informed
them that he would shoulder the re-
GpOnsibility, and the deal was declared
closed.
The Silver King stockholders notified
the action of that cOmpany's officers IN
negotiating for the property at the an
nuaI meeting held several weeks ago.
The property purchased consists OF
some twenty odd patented GAINS al
joining the Kings other possessions on
the south. together with machinery,
buildings, cars. trackage, etc, ana
worth, for the improvements alone,
more than the King has had 10 pay Tor
It. The buying up of the properly was
manipulated by Mr.. Kearns ana was
one Of the neatest pieces of fnancier-
ing ever undertaken in the district.
The property produces through It's long
tunnel all the water consumed by the
residents Of Park City, which IS sofa
to the water company Tor SupuIdleu
price per month. In addition, an up
Der tunnel furnishes an abundance OF
water for all purposes - the Silver
King company, and on this account
alone was a most valuable acquisition.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
Regarding the United States.
bingham Bulletin.)


The letting out Of about seventy men
at the United States mines this week
mas caused considerable comment in
local and outside mining circles and
naturally much anxiety in camp as it
is quite generally accepted as an indi-
cation that the mines are preparing to
shut down altogether.
While the superintendent in charge
are reticent, having little information
which they feel at liberty TO make pub
lie we learn sub rosa that the men
who were engaged in blocking out ore
in the mines are all retained, with no
prospect that there viii be any farther
reduction, more than half the force be-
ing at work.
It seems reasonable to conclude that
the management decided to cut down
the pay roll by .SuSpending operations
on the large amount of new work in
progress, until such time as the COM
pany's financial affairs assumed def
mite shape.
It should cause no surprise if there
are $50 men at work in United States
mines by the 1st Of May.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
VISITING THE DAISY.
Gardiner and Earles Planning What
Is to Be Done.

Messrs. J. A. EarIes and Chan Gar
DINER of the Daisy directorate went
out to the mine yesterday to size up
the situation, and determine, if possible,
on a plan of action for the future. A
solution of the problem Of how to keep
the mine and mill in operation pay
running expenses and accumulate a
surplus to meet the S25,0 600 indebtedness
secured by a trust deed on the proper
Is. and which VIII fall due some SIX
weeks hence, is not an easy one.
1t is said the gentlemen who went out
yesterday would make an offer to the
men employed at the mill and mine 10
take hold and keep things going until
they had been able to get enough out of
it to pay themselves what was due them
"a. sum which Is reported to be in the
neighborhood of 5000 Failing in that,
unless some other scheme presents 1t
self, it is believed the gentlemen named
will order a shutdown and allow mat
ters to drift till the men and the bank
holding the trust deed go into court
with a demand for settlement.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
de each day were as
Yesterdays Trading.

A total Of $4,000 shares Of Daisy was
sold during yesterdays call of the stock
exchange. The stock was in evidence
everywhere and the first offer Of rs
cents was taken, 1900 shares going
at that price another block of 5000
shares was bought at II, closing with
another board lot going at l cent
share Ajax listed q sale at A cents,
while Eagle & Blue Bell was active at
about Fridays quotations. Mammoth
did no better, and Lower Mammoth
weakened from 421s to 3T12 cents during
call. Showers Consolidated brought 81,
but Sunbeam continued on the up
grade, selling as high as 50 cents.
For the first time since Copper Ranch
was listed on the board a block Of 5000
shares sold at cents. Yankee COnsOli-
dated opened with 1000 shares going for
1C'4 cents, followed by a decline to 10
cents.
The closing quotations were posted as
follows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
80 Francfsco Mfning stocks.
Dsafness Cannot be 60

by local applications as they cannot
reach the diseased portion OF the ear
There is only one way 10 cure deafness.
and that is by constitutional remedies
Deafness Is caused by an inflamed con-
ditiOn Of the mucous lining of the Eus-
tachian tube. When this tube is in
famed you have a rUmbiing sound OF
imperfect hearing, and when it is en-
tirely closed deafness is the result, and
unless the inflammation can be taken
out and this tube restored to its normal
condition, hearing viii be desuoyeI
forever. nine cases out Of ten are
caused by Catarrh, which Is nothing
but an inhamed condition of the mU-
COuS surfaces.
We will give One Hundred Dollars for
any case of Deafness (CaUsei by Ca
tarrh) that cannot be cured by HAN
Catarrh Cure. Send for circulars free.
F. J. CHENEY & CO, Toledo. O.
Sold by druggists, 75c.
Halls Family Pills are the best.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
ORE FROM HEATH DISTRICT.
q. D. Andrews Inspects the Abbey
Claim For A. VI. McCune.

O4s44l4 u n ". U4CCuLLC-
H. d. Andrews, representing the in
terests OF A. W. McCune in the Heath
district. where he recently secured an
option on the Abbey claim, is in the
city. en- rOute TO Salt Lake. says the
Boise Statesman. taking with him
big sack of samples. Mr. Andrews says
the development work So far done
makes q very favorable showing. but
not such as would justify a prophecy;
besides, he was not given to prophcsy-
ing The Abbey was being developed
by a shaft. which was being sunk on
the ledge High Srade pyrites occur in
the ledge. This ore was practically I'M
oNidiz6d and might prove the keynote
of the situation. The high grade pY-
rites ran 20 per cent and better in cop
per. There was lots Of low grade py-
rites and CarbOnateS. averaging 5 TO s
per cent copper. that could be worked
very nicely on the ground. As a ship
ping proposition, the property. said Mr..
Andrews. had not as vet developed any
thing particularly allUTiug. Still, the
indications were good and he had
strong hopes that a producer would be
developed. Mr.. Andrews says he has
great confidence in not Only the Heath
district, but in the Seven Devils cOun-
try as we'll He does not believe it
possible that there can be such remark
able surfaces showing without a num-
Der Of very good mines.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
BOSTON CONSOLIDATED.
Prospecting With Diamond Drills
Resulting Satisfactorily.

Resulting Satisfactorily.
The Eoston Consolidated is reported
TO be meeting with success in the pros
pecting work being done by the use Of
diamond drills upon the big Bingham
property. one bore hole has been put
down to a depth of 200 feet. ME ma
Chinery was started in a new place a
few days ago, and il is learned that it
is the intention to follow this one UP
with others, until the entire property IS
thoroughly prospected.
Eastern stockholders, have been
Clamoring for several months past for
a better showing. The work now in
progress is in accordance with the in
structiOrs left by Samuel NewhOuse
upon his last visit TO Salt Lake. and II
was for the purpose Of paclfying those
at the eastern end that Mr.. NeWhOuSe
chose the cheapest, as well as the
quickest method Of asCertaining the 10
cation of the large ore bodies in the
property. These Investigations will
probably lead to development work Of
a more substantial nature during the
present year.
Mr. NeWhOuSe expects to return to
the city at an early day, when it is eX-
pected he win lay plans for a more Wig
Orous campaign than has been carried
on heretofore.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
Mining Deed Recorded.

A quit claim deed from Frank A.
Grant, Henry J. Newman, Richard Saw
age and Robert c. Middlewood, con-
veying the Silver Cord and Silver Cord
No. 2 lode locations, situated in West
Mountain mining district to the Pine
Tree Mining & Milling company, was
filed for record yesterday with the
county recorder. The stated cOnsidera-
ton is nominal, but according to the
revenue stamp affixed the purchase
price is probably not less than $1,000.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
Daisv and Yankee Con.

Daisy and Yankee Consolidated stock
were the principal securities traded in
on the curb yesterday afternoon. Daisy
rallied a little above the closing board
quotations, but the best price the
stock could bring out was IL cents
a share. Later in the day, however, no
one seemed to want the stock at any
price. Those who did buy it were
principally brokers who had gone
short" on it. Yankee weakened and
towards the close of business hours
registered sales between and 9 cents.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
Another Mining Project.

Articles of the Dunkley Mining &
Milling company will be filed in the
county clerks office tomorrow. The
capital stock will be valued at 10 cents
a share for 100000 shares, or a total of
SAC, 900. The officers of thG new COM
pany viii be A r. Carter president;
A. G. Sutherland, vice president; and
A. z. Snow, secretary and treasurer,
with A. B. Dunford, r. G. Stewart,
John n. Christensen and Alfred Dunk
ley as the other directors.
The Western Bell group of claims
forms the basis of the incorporation.
The property is located in an morgan
lied district five miles south of the
Highland Boy mine of Bingham.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
Ore and Bullion.

Ore and bullion settlements for the
past week reached $399, $780, yesterdays
proportion Of that amount being $780,
300 as follows:
T. r. Jones & Co., ores, $4,000; bull
lion, $4,000
Mccormick & Co., Mingo bullion,
$4,000; ores, SIG. 400.
Commercial National bank, ores.
S6,9OO
Bamberger & Mcmillan, ores, 81, 200.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
Orient Annual Meeting.

The stockholders Of the Orient Min
ing company met at O'Clock yester-
day afternoon in the office of Powers,
STaUp & Lippman in annual session.
and reelected the board of directors
which has directed the affairs of the
company during the past year. No fur
Their business was transacted, but an
adjournment was taken until March "a,
when the reports of officers will be re-
ceived. The board of directors will or
ganize on that date.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
CENTENNIAL-EUREKA TRAM.
Will Start Up in Full Blast This
Week.

Clarence z. Allen, superintendent Of
the Observation-Disclosures mine. has re-
turned from Tintic again. where he
spends several days in each week in
giving the big bonanza his personal
attention.
The new ore tTamway is practically
completed, and the men who are to be
employed to operate it are being bro
ken in to acquaint themselves with
their new duties. The new ore bins are
being filed, and during the early part
of next week the new track scales viii
be ready for use, when cars will be
switched around to the new bins to be
loaded.
The new tTamway will materially de-
crease the cost of getting the ores Of
the mine TO market. and the slow pro-
cess of hauling il by trans from the
hosting works TO the railroad VIII be
done away with
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
FU1LER,s EARTH LOCATED.
Extensive Deposits Near Richield to
Be Worked.

tDIEctul GOIIto lbtiACA+|0-f
Richfeld, Feb lis. f. Mount and
three other gentlemen have this week
located an eighty-acre tract in Fiat
canyon between Richfeld and Elsinore'
in which is a large body Of Fuller
earth. The deposit is in three layers
from two 10 twelve feet in thickness
II is very extensive being 300 feet wide
and Of unknown length. Samples nave
been sent to experts, who pronounce II
of the very best quality. This, with the
quantity and its easy access and proN-
unity to a shipping point, encourages
the lOcators that it can be developed
into an important industry If they
can get interest aroused in the matter,
they are Of the opinion that it would
be a great inducenent for the establish
ment of a wool securing plant, as the
article is extensively used in the wash
ing and securing Of wool.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
Yankee Con Visited.

Captain Timothy Egan returned last
night from Tintic, where he went to
look after Yankee Consolidated affairs
Men were put to work extending the
tunnel on to the southwest within the
Yankee side lines. Captain Egan is
still confident that the vein opened up
in the May Day will extend into yam
kee territory. The extension Of the
tunnel as it was first planned will tell
the tale
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
BACK FROM BULLIoN-BEcK.
4. E. Hyde Noncommittal on What is
Going on at the Mine.


A. E. Hyde returned from the Bull
lion1Beck property yesterday, but when
questioned on what had occurred at the
mine to cause the price Of the stock to
climb so rapidly during the past few
days, he pleaded utter Ignorance. he
said that nothing startling had oc-
Cured at the mine, though much new
DEVELOPMENT work was being done.
IF. someone should get out and offer
200 or 300 shares of the stock at S5.5O a
share" said he, i believe it would
brighten everybody to death and break
the market all to pieces That any
thing Of the kind would happen is not
likely. however, for some Of the best
posted brokers IN the city express the
greatest confidence in the property,
and whether an important strike has
been made or not they appear to have
no fear of a decline in that security.
Manager FarnswOrth, Mr.. Hyde says,
has not been at the mine during his
trip.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
Cars Of or,
We'll known Horseman Dead.

New York. Feb. 17.-FOrmer Corpo-
ration Counsel William H Clark died
today at his residence in this city Of
bronchitis and g complication of dis
eases. Mr.. CLARK was wen known in
racing circles and was the owner Of
Banastar, the winner of last years
Brooklyn handicap.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
TINTIC OUTPUT.
Seventy-three Cars of Ore and Con-
cenCrates.

VoFCvTaI NvTIG1 V0NIGNCe.J
Robinson, Feb. 1.-THE output from
the district this week was somewhat
curtailed owing to the absence of the
Grand Central and Tintic Iron from the
list. The first named did not complete
its new contract with the smelling
trust in time to put out any. and be-
cause of some disanection between the
Tintic Iron ard local smelters, peremp-
tory orders came from the city to close
shipping at once. As usual this list in
clUdes everything sent out from Satur-
day TO Saturday:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18

bad roads. Professor Lamb and Lew
Bartholomew OF Denver have landed
their steam hoist at the Copper Belt
mine. and deep sinking en- that flEe
property win soon begin.
All signs point TO an Immediate and
unexaTpled era Of prosperity for Ma
TVEVale.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
PETRo STRIKE CONFIRMED.
The New Disclosure Was Made on
the 500 Foot Level.

TIC UOO GUOj AGhNAs
The report sent in from Bingham
few days ago that a new ore chute had
been opened up in the Petro mine was
verified yesterday in a letter received
from the superintendent Of the mine
by Colonel S. =. Miner, the manager
The strike was made on the 500 level,
and about $50 feet from the incline
shaft On the tunnel level the chute
appears to have a width, the writer
states. of about three feet. A drift has
been run for ten feet, all in ore.
Colonel Miner says the new strike
shows evidences of being the biggest
thing ever opened up in the mine, and
he is Of the opinion that the chute will
continue all the way across the prop
erty.
A gentleman heavily interested in the
York, an adjoining mine, who is well
acquainted with the PetrO ground, eX-
pressed the same belief, and declared
that with the new ore reserves to rely
on. the Petr0 viii be in condition to pay
dividends for a good many years 10
come Colonel Miner says there will
be several hundred feet of stopping room
on the new ore body.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
peeorated - &c Sultan.

Paris. Feb. 1.-THE sultan's envoy.
Munir Bey, presented President LOubet
today with the insignia and grand cor
don Of the Order Of Nichamimiaz, the
highest decoration in the Turkish en-
pire which the sultan sent specially to
Munir Bey. the envoy. and his suite.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
Want Hides on Free List.

San Francisco, Feb. 1.-THE local
leather men through a committee ap-
pointed at q recent meeting have for
warded a. resolution to the California
delegauo4sin congress asking for a re-
peal Of the duty of Is per cent on hides
and for the restoration of hides to the
free list
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18

day in interviewing the various ma
chinery houses and before many days
he expects TO be able 10 let the con-
tracts AS soon as this part Of the work
is done Mr.. Macfarlane expects 70 put
possible.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
Rnstnn Mining Stocks.

Especial u The He-ald1
Boston Mass. Feb lI.-AmalSamaJed,
254 shares. S53.75Q2f25
Bingham 80 shares SlG03u19O.
COchiti. 69S shares. Si0G0Nl0.15.
Utah 100 shares. E3l.lluIl.ul.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
At THE MARsAc MILL.
Refinery viii Be Making Bullion in
a Few Days.

E5W Ddyo.
superintendent Chambers returned
from the Ontario mine at Park City
Friday night, a day sooner than he ex-
pected The Marsac mill, he reports
has now got down TO business in the
handling of Ontario ores, and during
the next few days the refinery will
begin cOnv eTting the sulphides into bull
lion. Hauling from the mine 10 the
mill has been greatly facilitated by the
recent snovstorm. which made sleigh
ing good. Fully eighteen inches fell at
the mine, while the town end of the
route received over a foot.
The new tunnel route 10 the DAILY
West is now. working Systematically,
and the innovation promises TO be Of
great benefit to the mine.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
Metal Market

Silver, 5934 cents per ounce.
Copper, 1514 cents per pound.
Lead, A. 5. & r. Co.'S price, S45715 !:
New York brokers', S445.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18

New York, Feb. 1.-THE Herald says
H. II. Vreeland, president Of the Metro
pOlit6n Street railwaE. has received @
800. 600 valentine in the shape of D..
check. The check was given ly
wealthy capitalists who Urdr-ea..-
control the Metropolitan Street Ia.-
way. and they drew on their iudiTIaHa
bank accounts for the purpose of snow
ing their appreciation Of the WORK .-
Mr. Vreeland a. president of the stree.
railway.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
NEW HUMBUG STRIKE.
Promises to Be an Important Factor
in Future Shipments.

Uncle Jesse Knight was in town for
a few hours yesterday, and while here
exhibited some exceedingly fine samples
Of horn silver ore which was encounter
ed a few days ago in his famous Hum
bug mine in the Unite district The
strike was made not far from the end
lines OF the Yankee Consolidated. and
is believed To be in q continuation of the
vein disclosed in the May Day ground.
The new strike promises TO become an
important factor in making up future
shipments Of ore from the mine.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
Not Gliltv.

fN1'It171I-7I IT ~
Mother-Willie. did not / say I'd whip
You If You put another rubber button on
the stove?
Wiiiie-Tes'm; but faint me this time
ma IT IS pa saokin one of them cigars
yon bought hhin FOR Christmas.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
MILL FOR DEER LODGE.
Supt- Maefarlane About to Award
Machinerv Contracts.

The new cyanide mill to be built for
the Horseshoe and Homestake mines
by A. W. McCune and associates. will
be ready 10 go into commission about
May ]. AT least that was the infOr-
nation given Out yesterday by super
iutendent MaCfarlane. who returned
from the diggings several days ago for
the purpose OF letting the contract for
the new equipment. He spent yesTer-
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
VEEK'SSTOCK MARKET
Sales We're Light and Conditions
Not Materially Improved.
REVERSES FOR SUNBEAM
ATTRIBUTED TO A CONCERTED
ACTION OF BEAR ELEMENT.

Stock Is Again on the Up Grade
Daly-West In Much Better Tone
Double Dividend the Surprise Of
the Week-Yesterday's Trans
actions.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18
FAITH IN DEEP CREEK
Railway Officials Said to Be
Buying Property
NEW GROUND LOCATED
SHORT LINE MEN GETTING
MORE CLAIMS.

Indications That the Short Line May
Be Extended-Desr Lodge Mill
VIII Be in Operation By May L
Rich Strike in the Humbug-op-
erations Of the Daisy.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18

Cherries and hatcbets at Ko.itz.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-02-18

Quite a Nice Valentine.

Washington birthday novelties I'D
candy boxes, hatchets. etc, at k9-itz.