davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-12-09
Weeklu BANK statement.

New York, Dec. S.-The weekly state
ment of averages of the associated
banks shows:
Loans, SsOS, 442. 500: increase, s1,944, 400
Deposits 1851, 044, 700; decrease, 1885,
Circulation. s8O,6O7, 800; decrease, ss2,-
legal tenders, s58,15z9Oo; decrease.
Specie. sis2, so4.4OO; decrease. $4,000
Total reserve. s22o.9s2,s SOC; decrease.
Sc. OO6 100.
Reserve requirement, s25.261, 165; de
crease, $S41, $50.
Surplus reserve, s5,7O1,125; decrease.
IS, 1874. $50.
The Financier says: The upward
trend in the cash reserves of the clear
Ing house banks received sudden
check last week through renewed de
mands made by the south and west for
funds and steady absorptfOns by the
treasury. Both these factors were in
evidence early in the week and esti-
mates Of actual losses sustained by the
banks ran as high as $1,000, 600. The
statement shows a falling of in cash
of something over S6.000,000. and as re-
serve requirements against deposits
we're not materially lessened the sur
plus was cut in two standing at S.
70I 125, as against so. SIS. 675 for the
previous week. The loan item shows
an increase of 81. 944, 400, which is mod
crate, after the 81, 900. 600 expansion
} noted a, week ago Deposits have de-
! creased only 1856, 200. AS a matter OF
( fact, the losses in cash are shown to
: have been sustained by one large in
stitution, the changes in whose de
posits also account for the total shrink
4 age in that item. 1t follows that so far
| as the standing Of the. remaining banks
| is concerned they are at least as strong
] in reserves as they were a. week ago
1 The continued drain on New York has
/ had the effect Of hardening money
rates. and as the January dividend sea
/ son is not far distant the general Opin'
i ion is that firm rates are to be expected
over the end of the year The ship
} ments Of heavy sums westward at this
I season is abnormal, but the movement
/ is due to continued heavy business.
It is significant. however. that in an
ticipation of higher rates here interior
/ banks with large reserves are sending
! money to this center to be loaned and
/ before the first of the year it is antici
/ pated that large amounts will b,
] placed. The treasury will absorb NOR,
money than it pays out for some time
/ if current calculations are correct. anC
! as Alaskan gold shipments have falleI
| off. the extra supply. if needed here
| viii have to be attracted by means O
/ interest rates. There is nothing to in
dictate that the loan total viii be con
/ tTacted. The circulation item is de
creasing slowly, the loss for the cur
rent week having been s62.1OO.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-12-09
SAMPLE NAP IN COURT
C. P. Brooks Interprets Sketch
of Two Big Mines.
PROF. JENNY TESTIFIES
COURT TAKES AN EARLY AID
JoURNMENT TILL MONDAY.

Nephi Dec. S.-Professor Jenny was
recalled for further cross-examination
by John NJ. Zane today in the big min
ing suit and testified that he found two
northerly and soUtheTly assures in the
Finn tunnel; but that he didn't recol-
Ieot finding any northerly and souther-
ly assures in the cross-cut that runs
from station So, passing raise No. ?
And in the cross-cut running from sta
ton 01O out to station 025. he found a
number of assures through there; the
COkes fissure and a dixie goes through
there, and there are a number of great
open breaks through in the limestone;
and the ground there is very much
broken and he didn't know whether to
call them assures or not. but thought
perhaps they. were assures and We're
running in different directions, but
generally in a northerly and s0utheTIy
course as he remembered it now
c p. Brooks was next called by the
Grand Central to explain what they
call the Sample Map" his is a gen
eral map of both the Mammoth and
Grand Central workings and is dotted
through every cut drift, tunnel, SHAFT
and stope as well as over the surface
with figures in red ink. These figures
correspond To the number OF the sam
pIe taken from those points. Ross Z.
Brown. s. ". Tyler and Frederick g
Small were then called and told how
they took their samples as indicated
on the map. The object of taking these
samples and getting them assayed and
analysed was for the purpose Of show
ing that there were no values in be-
tween the two veins of the Grand Cen
trail and Mammoth, or any values out
side of the veins proper, and TO show
also that the calc spar and iron STAIN
ed limestone in the seams, that was re-
! ferred to so frequently by the Mann
/ moth people to indicate the presence Of
/ vein matter and in tracing the vein IL
/ self carried practically no values, Al
afysfs Of the surface rock was also
/ made to show just where the ordinary
| carbonate of lime existed and where
: the 1olomite lime occurred. and the
! shaley lime occurred After intrOduc-
ing the testimony as to the manner and
! locality where these samples were
! taken, the assay certificates made by
! r. H. officer. who did the assaying
[ were produced. From a glance az the
! stack Of certificates there must have
! been made upwards OF a thousand as
( says. and ANALYSES Of rock The wit
, nesses called TO establish where and
/ how these samples We're taken were moi
cross examined to any extent whateve!
I and the inference is that the Mammoth
people are satisfied with the results.
Court adjourned today at 1 O'Clock
/ until Monday next at Il d m. for the
purpose of giving the attorneys and
witnesses A chance TO 60 home and re-
new acquaintance with their respect
i've families.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-12-09
THOMAS TAYLOR DROPS nFIn
WELL-KNoWN UTAH NAV
AT LOS ANGELES.
Took Prominent Part In n,
ment of Coal and Tr,, cop
Bishop of Fourteenth Ward

Thomas Taylor. a wealth..
known citizen Of Iron City. Urst vel
dead on the streets of Los ADr- 81 lei
terday morning lie had inst YES
in the California city with HE "a. "a, '''si
daughter, having gone ther. me aRt
health. The three were vain -o' Ms
corneAfor a street car. When n. vi d
Tor cShapsed and died sfrDo-- a. 1sJ-
IT is supposed that he dies - Once
disease The body viii no - lea-,
ana returned to this cifv f., --'a5,u-i
ment. lot inter
The deceased was known p,
circle of people in this star. Vide
years ne was a merchant I'm Ssr. many
and for years was bishau ar ~ ~ LAKE
teenth ward. Later he rrrr0--a5 ? our,
dar city. in Iron county and 90 le.
very active part I'm trying nj IN q
the iron and coal fields of fbs+ - -- 'tla
II IS SAID OF him that be rar-..f ..'..
lerlal' machinery and a nm. ma
tive many miles overland o.. ONO
euueaN OF 10 nave raflra4F
connect the coal and ECU ID
pOsits. He worked long ana de-
fully TO secure railroad f-.r. 'a.l--
point out to the coast at lbs --a-
For some time past lI~ Ts,l-. T.-'
been in very poor health and +, --- -1l
the hope that change uarrr5 r Z
him that he, with mis- Wife and 49,
ter. left this city for the coast a.
days ago. The first intimatfon 49,.
here Of his death was Telegram p -- T
nUunclnE the fact rs his zar-5- r
John Q. Cutler This was y,.s+s-5..-..l-...
ternOOn. a+'
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-12-09
NEW TINTIC GOLD NINE
Twenty-Three Ounces Of Gold
Sold From 1t Yesterday.
OUTLOOK OF DALy-WEST
A GREAT RECORD LOOKED FOR
NEXT YEAR.

The Pioneer Mining company, pfl-
vate corporation, which is composed OF
about half a dozen Tintic people, has
beeu operating a group Of claims near
the Congress cCmpauy's properly.
twelve miles southeast of Silver City,
for. 2. wear past and that it IS proving
IN he a pretty nice gold proposition
was demonstrated yesterday when
Manager W D. Shepherd dropped into
Town and sold twenty-three ounces of
gold for 81 so per ounce-the result of
a few days quartz-grinding in a crude
mortar. The money was expressed to
the owners at Eureka and Mr.. Shep-
herd will leave for the mine again to-
night, having remained over 10 make
arrangements for a small mill which
he expects TO have sent out TO the mine
within the next few days.
Since the property was located a
shaft has been sunk 123 feet and some
drifting has been done from ne bot
tom, the hanging wall of the vein hav-
inE been followed in a streak of ore
avera ging about see.
A few weeks ago, Mr.. Shepherd says,
TIessrs. Newton DUnyan and O. A
Palmer visited the property and de-
cIarpd after looking it over, that II
contained the only true assure vein in
the whole Tintic district. and on Mr.,
Dunyan's advice a CrOss-cut was run
10 the foot wan, a distance of sixteen
feet, where nearly four feet OF quartz,
aVera giuE sac was encountered The
richest. specimens OF the material were
carefully selected and piled by them
selves. ana if was from about zoo
pounds of this selected rock that the
gold dust sold yesterday was extracted,
Manager Shepherd says that several
Tarties have examined the property
during the past few months and several
offers for il have been made. The
owners, however, refuse TO take a
prospect" price for it, having deter
mined 10 open il up and work il rather
than part with il for less than a very
large sum. With small mill. he says
shey viii have no dif1cuity in taking
out more than enough money to prose
cute development work, and this they
FlFODOse to do
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-12-09
Fortune 1Iin Closes-West Mountain
Company Increase
bingham Bulletin)


Shipments last geek included thirty
tons Of Last Chance concentrates.
A thirty-hve-ton shipment of very
nice ore was made b. the Mast this
week.
8Iayne's teams finished up a seventy
five-ton shipment from the Erie. yes
terda-
Rog = mill has been running this
week on sam Rogers Columbia lease
ore.
Yesterday teams started hauling to
depot a thirty-ton lot of hrst-c1ass ore
from Tom PelIs' Steamboat lease
The Almina was among Wednesdays
shippperS-sendiDg out one carload of
promising looking ore.
On w ednesda-- thirteen cars OF ore
left Bingham depDt-rnine .'ironclads"
CHighland Bow. and six common cars
carving a total of 500 tons. The
weekly shipments are ging from
., leo 70 . 900 tons
The Standish & JimpsOn company is
delivering another 1G0-ton lot of North
err Light at the Dewey. This mine ia
now steadily OutpUtting, and said to be
making a great showing.
Wednesday last two carloads of 400
tons of first-class ore and concentra ties
shipped by the Fortune company reach
ed market. The concentrates were the
last that VIII go out for the present, as
I'M AoiAN'iti tllN SAolhptC
OF the ShaWmut company, closed down
the mill on the LIST. The electric power
service has been so uncertain OF IR te
that a full shift was unusual and this,
with changes in the mine to simplify
handling and moving of ores, led - the
stoPpage-
The West Mountain Mining con pany,
/ deve clipping the Kansas group of eight
claims in Freeman gUlch, is so eaceuP-
aged by the result of work done the
past fall reported from time 10 time in
| these columns that il is planning to in
crease its operating force about the
first Of the year The company is an
eastern incorporation. its president pc
ing ". II. Child and J. F. Dearborn of
Nashua. n. H. is its secretary and
| treasurer. Captain snyder, locator OF
! the group, and who has been in camp
| for some weeks. is one of the direct
/ OrS.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-12-09
sHAwMUT COMPANY AFFAIRS
W. B. Andrew Goes to Boston to Con
fer With the Directors.


W. b Andrew leaves for Boston to-
day for the purpose of meeting with
other directors and talking over plans
for the future operation of the COM
pauy'S Bingham mines. Among other
matters to receive attention will be the
recommendation that Mr.. Andrew will
submit that the mine be equipped with
{. good air compressor and power drill
plant and the addition of a set of high
speed crushing rolls to the new 100-tOn
mills equipment, with view to in
creasing the maximum capacity TO 30
tons.
All we are waiting for at the mill. 80
said Mr.. Andrew yesterday, ''is the
bringing in of wires by the Telluride
Power company. That work is now
well under way and we are promised
that our plant will be connected up by
Jan, l. With the addition OF a set OF
fine crushing rolls I am sure the mill
Will be able to treat fully 100 tons of
ore per dag, after allowing for such
stoppages and accidents that usually
occur IN conducting any plant of ma
chiEery-
We have under contemplation the
running Of some additional long drifts
and raises and I figure that a good
compressor plant wiz be indispensable.
Tt viii not only be Of great assistance
in freeing the mine of bad air. but
with power drills in motion the long
distances can be covered in much less
time"
After his business in Boston is con-
cluded Mr. Andrew and his wife, who
accompanies him, viii visit friends and
relatives in New York, Philadelphia
and Chicago and return home about
New Years.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-12-09
Nephi Has a Saloon War.

Nephi. Dec S.-SOme time ago there
was a petition circulated through Nephi
signed mostly by the ladies of the city.
requesting the city council to pass an
ordinance requiring the saloons to close
at $50 p. m. In opposition 10 this
movement there was a few days ago
another petition circulated and which
received a strong endorsement from the
business men
The second petition states THAI TO re
quire the saloons to close at $50 O'Clock
would be TO practically place the town
on a prohibition basis, and the usual
evil would follow by forcing the sale Of
liquors into unlawful channels. and
that the town would be then worse of
than before. for they would have the
same evil existing in a worse form than
before and at the same time they would
be deprived of the license, which
amounts to about $1,000 per year
The matter came UP last night before
the council, when it was presumed that
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-12-09

New York. Dee. S.-Close: Money on
call steady, at AZ per cent.
Prime mercantile paper, 414G5 per
ccG--
Sterling exchange nominal with &C
tuaI business in bankers bills Ct
S4.S5k for demand. and $4-Sl9s for SIX
ty days posted rates, S4-S212@4 y
commercial bills, $4.S094 @4.61H.
Silver certificates, 65065c.
Mexican dollars, 50Ac,
State bonds inactive: railroad bonds
easier. Government bonds stronger;
IS registered. 1043z; IS coupon, 105; IS
registered, 1001a; IS coupon, 1922; new
rs registered, 1875; new IS coupon
l377k. old "A registered. 1l4A old Is
coupon, 115% 5s registered, 1l2% Is
coupon, 1I3H.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-12-09
GIyESIFOR SCIENCE.
D. o. Mills Furnishes Funds For an
Expedition.

Berkeley. Cal, Dec Sd. o. Mills.
the New York capitalist. at the request
of President Benjamin Ide Wheeler.
has promised the University of Cali
fornia. TO defray the expenses, about
S24 000. of two years astronomical
expedition from the Lick observatory
20 South America or Australia. The
object Of the expedition is to study
the movements Of stars in the line Of
sight.
Already this work has been done at
the Lick observatory for about three
fourths of he sky. Two years work at
an ObserN ing station south of the equa-
tor will complete the first general sur
vey ever made Of the heavens for this
purpose.
BY the use of the great spectograph
presented by D. 0. Mills several years
ago the Lick observatory has done re-
maTkable spectroscOpjc work
Acting Director W ". Campbell viii
at once begin the preparations for the
expedition
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-12-09
NEEK'SSTOCK MARKET
Sales Reached 127,769 Shares,
Worth S113,967.51
DAILY WEST WEAKER.
LOWER MAMMOTH WAS THE
STAR ATTRACTION.

The. business done on the Salt Lake
mining exchange during the past week
mas been exceptionally good and com
pared with the week previous showed an
increase of S22,7O914 The number of
shares sold was I27.769 as against 152, 400
showing that a greater business ia the
hlsh-priced securities was transacted
notable feature Of re trading has
Deeh the sensational advance of Lower
mammoth week ago it was strong
around a cents and a good proportion of
the talent thought a decline was immi-
nent In that they were greatly mis-
takeh for commencing Monday every day
mas witnessed steady gain and on FRI
day 1t PASSED the 81 mark. the highest it
had been in three years. Yesterday it
StaEted on al " cents. and under one Of
the strongest buying movements recorded
OF ne board lOr a long time the price
ciifInoed steadily tin $l-15 was reached. In
an lo,le2 shares charged hands.
DAILY West has been active and inclined
70 weakness From the high mark of
W.. week since, It mad slipped back
till on Friday ii sold down to S2S. S25k. No
SAFES were made on cnange Yesterday
put the price bid was S24 o. while holders
demanded $500. The latter figure was
noon
Ajax and Dexter remain firm around
last weeks figures and Consolidated
n1ent that the mill was 10 be prepared for
the treatment Of a greater tonnage OF
base ore, has stiffeneG perceptibly,
Grand Central is of a little from last
weeks figures, and its n5ighbor, the
Mammoth, remains practically un-
changed. Neither stock has been very
active, and as the big suit drags along
without any sensational discoveries, the
holders of both are waiting
Joe Gowers has Shown signs of improve
ment Ur1ng the week but no news of any
s1SnlhCance comes from the mine.
Chloride Point. which has been "a dead
dog IN the pit Tor a year has just passed
into the hands of a receiver, and some i'm
portant disclosures are looked for IN the
near future.
May Day was hammered down several
cents 3, share. but it began 10 recover
again YESTERDAY. That the property viii
earn good money from the time the
leasers of its second-gTade acre begin
operations with the eighty-tOn mill, whicf
Is II be installed at once. IS practically
certain. and dividends should be coming
regularly inside of six months
Sacramento has advanced some daring
, the week and Star Consolidated has beer
on one Of its periodical slides, though
the mine is shipping heavily and reported
to be in prime condition.
Yankee has been inactive and most Of
the little fellows have behaved very well
The weeks business, from day TO day
.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-12-09
FUTURE OF DAIY-wEsT
increased Dividends Expected-To Be
Listed on Boston Exchange

Listed on Boston Exchange
It is impossible II get official verifi-
cation of the story, but those who pro-
TESS to be in touch with the comPany's
purposes declare that when the DAILY
West holds its annual meeting a little
more than sixty days hence exceeding
~ good news viii be impaired to the
Shareholders
It comes from a gentleman who has
very recently been investing in its
shares that the management will not
only show that the mine is earning and
capable of paying larger dividends. but
he is quite cerUain-if the action is not
sooner taken-Jhat a recommendation
viii then be made that the shares be
listed on the Boston exchange. He
pointed out that with The mine paying
80 cents and possibly 3T12 cents q. share
monthly on its capital stock of $50, 600
shares, it would at once 90 to $50 or $50
and be eagerly sought at those figures
That would surely happen. because the
mine contained such vast bodies of ore,
which are now being simply blocked
out that in another year the property
would be in prime condition to follow
the Silver Kings example and pay 90
cents a share monthly.
The mine has made q wonderful rec
ord since the warning elements got to-
g6ther, less than two years ago, and
went TO work il earnest
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-12-09
Chicago Livestock.

Chicago. Dec S--CattIe-Receipts, 200
NORMALLY steady. Good to prime native
steers. 5.4O9l6.6G; Door to medium, 4-1edS . !;
selected feeders. 3.7564. 30; mixed stockers,
2.25a3. IS. cows. 2-sG1s4. Is; heifers, 265a4-eo;
Gamers. 2.OOa260: bulls. 2.25d350; calves,
S.5Ga5-z5; Texas fed steers, 4.OJ1t. 50; Texas
grass steers, 330a4-I3 Texas bulls, 2.53G
RS
Hogs-ReceiTsts today, $500; Monday.
10000; left over, $500; generally &c lower.
Top, 1925; mixed and butchers, 4-6oq
1921. good to choice heavy, 4.65d495;
rough heavy. 450di6O; light, $3.50 40;
bulk of sales. 450d46712
Sheep-Receipts. 2,200; sheep and lambs
steady Good to choice wethers, 4-efq Az;
fair TO choice mixed 2.75d4 p; sheep. 4-00G
400: Texas sheep. 250G3.65; native lambs,
409Q5. 80. western lambs. AT595.59.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-12-09
Metal Market.

New York, Dec. S.-Tne week finishes
with the metal market quiet and with
no positive feature. The undertOne
may be called rather weak in the gen
eral way, following like conditions
abroad. As usual for a Saturday mar
ket there was practically no business.
Quotations:
Tin-DuH, at 27.25.
Lake Copper-DuH at Il for Lake
Superior and 1852 for casting
Spelter-Quiet and rather easy,
4221b0A2TH
Iron-Slow, but about steady; fOun-
dry. northern. I5.00016.50: southern
145061475: soft southern, 1400G1575.
/. Iead-Quiet at S43715
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-12-09
Coffee and Sugar.

New York, Dec S.-Options closed
steady with prices ret unchanged to 5
points higher Total sales. $50 bags. in
Guiding February. SOS; March. SIS, May
s. 25d6. 30: july, 6.35: September. $40; DC
tober. Gas. Spot Rio quiet; No. Z. in
voice, rs; mild. quiet: CoTdOva. 9lzd13.
Sugar-Raw quiet but firm; fair refin-
ing 15-1e; centrifugal as test. f-16, mo-
Iasses sugar. ? Tf-I6; refined quiet; stand
ard A. 3 40: confectioners' A, $40; mould
A. SIS: cutloaf. 500: crushed. 500. DOW
dered, $40: graduated, $50. cubes. 5.I5-
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-12-09
GRAIN AND PROVISIONS.
Wheat Weakens and Corn Is Inclined
Likewise

Chicago. Dec. S.-There was merely a
local market for wheat. Steady cables
maintained prices for few minutes at
the beginning OF the session, but there
after the Ii0erality of the days receipts,
added TO recently increased stocks and
the almost total lack of outside bust
ness caused weakness, which was still
apparent when the closing bell sound
ed. January opened hQEc lower at
7f1k to II. and sold to 701z. closing 9s4
q under yesterday at 70lz a10Ss.
clear weather and larger country ac-
f.eptances forced out liberal amounts ef
long corn December closed lie lower
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-12-09
coNGREGATIoNAL FAIR.

Attention Of Xmas shoppers is invited
to the First Congregational church fail
Thursday and Friday afternoon and
evening at the church. Admission free
Friday evening fine musicale in the
church auditorium, admission 10 cents
Those taking part are:
Mrs. E. ]. Jolly.
MS. Mont. Ferry.
Mrs T. G. Tuttle
Dir. William c. Give.
MI J. A Anderson.
Mr. J. A Graham
ACCOMPANIES.
hrs. T. J. Amy
Mrs W. g Bogue
Mrs. a. + Volimer.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-12-09
Omaha. livestock.

Omaha. Dec. S.-CattIe-Receipts. 200;
nominalIy steady. Native beef steers, 40
q5. IS. western steers. 4O0G4. 50; cows and
heifers.. 3.OOGI4. ~; stOCkers and feeders,
3.O3T4.50
Hogs-Receipts, 300; shade to sc lower;
closed stronger Heavy, 4-1f4z6A- Sz12;
mixed, 477196f4SO: light 4.75G4.S5; pigs,
4. coat 10; bulk of sales, 4-7712G4.Sl.
Sheep-Receipts. 30C: steady; fed NUT
tons. 3.S5d4 10; westerns, 3-.JQ4-eJ; com
mon and stock sheep, 3.50a3. So; lambs, AS
"a 25
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1900-12-09
beautiful PIANOS ONLY s245.
- Holidav Chance.

A number OF beautifuIly-case rich,
sweet toned, standard new pianos,
worth $3.50 to $500. to be sacrificed at
S245 ta 1855 cash OF Payments. Greatest
bargains in the city. Examine Them
critically for yOursels If you really
want a good piano, why not make an
early selection Tor immediate or Xmas
delivery Bargains in organ depart
men; also. cable Piano & organ com
pany, % Main street, opposite T. {. n. L.