davidaulloa/AmericanStories huggingface dataset:
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1901-07-10

A proper care for
the blood would
prevent many a
serious sickness.
The cleansing of
the blood is per-
fectly accomplish
ed by the use of
DIR. Pierce's Gold
ell Medical Discov-
cry. 1t drives out
the impurities and
poisonous sub
stances which cor
rupt the blood and
breed disease. 1t
increases the ac-
tivity Of the blood
M aking glands,
and so increases
the supply of pure
blood. 1t builds
up the entire body
with good sound
flesh.
There is no al
collol in WGolden
Medical Discov-
ery0 and it is en-
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1901-07-10
y uIy s..

FOREIGN.-In the final heat for the
grand challenge cup at Henley, Leander
beat the Pennsylvania University crew
by length in 704 4-5.-Many promin-
ent men assembled as guests of Gilbert
Parker to meet the visiting Canadian
Ministers at luncheon at London Lord
Kitchener reports.the capture of ninety
three Boers.-Buenos Ayres is in a state
of siege, due to participation of anar-
chists in local disturbances which have
arisen over the uni6cation of the public
debt; the Minister of Finance of Argen-
tina has resigned naval program.
me of Great Britain includes the building
within the next year of three battleships
six cruisers and torpedo boat destroy.
ers.
UNITED STATEs.-The President and
Mrs. Mckinley lett Washington for Can.
ton, Ohio.-The SmuggIer Union mine at
Telluride, Col, may be closed indefinitely
as the outcome Of the troubles there
early in the eek.-Little developed in
the ST eel strike situation, but President
Shatter denied that he was to confer with
the steel trust officials "A heavy storm
OF wind, rain aud lightning swept over
New York and its vicinity doing con
siderable damage a sewer burst at One
hundred and-siXty .Dinth-st. and Wash
ington ave, and houses in the neighbor
hood were flooded many persons had tc
be rescued from Easements and cellars.
JuIy q.
FOREIGN-In the amateur champion
ship athletic games at Hudders6eld Eng
land, the Americans won every event il
which they competed, with the exception
of the quarter mile run-The Barnum
Bailey circus train was wrecked in Sies
ia; besides the material damage to TIN
show two men were killed and severa
injured.-The Khedive of Egypt is visit
ing the Sultan of Turkey at Constant
nope.-The Pope has written letter t.
the superiors of religious institution
condemning the French exceptional legis
lation against the religious orders.
UNITED STATEs.-The Constitution dc
feated both the Columbia and the indie
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1901-07-10
.Buly 3.

FoREIGN.-In thorough trial over a
long distance triangular course off Rothe-
say Firth of Clyde, the cup challenger,
was defeated by Shamrock 1.-The illness
of Gen. Wood at Havana has been offic-
tally diagnosed as typhoid fever.-Queen
Alexandra distributed decorations to a
large number Of nurses at Marlborough
House.
UNITED STATES Fifteen men were
killed in riots at the Smuggler mine IN
Telluride, Col, where strike has been
in progress for two months.-Gen. Maxi
mo Gomez had talk with the President
on affairs in Cuba, and was entertained
at dinner at the White House. - The
Homestead Hotel, at Virginia Hot
Springs, was burned, with loss of
100000, all the guests escaping.-The
Columbia buckled her martingale while
racing with the Constitution off New
port shortly after the start, and the race
was discontinued.
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1901-07-10


London, and their support of Mr. Cham
berlain's policy, have greatly strength
ened the government has re-
quested Japan to close the Japanese
post offices and withdraw ohiclals.-Sir
Henry Campbell Bannerman admitted
that the Liberal party is in straits it is
believed that he will resign the leader
ship. and there is talk of Lord Roseberrv
as his successor.
UNITED STATES The cabinet held it's
last meeting before the departure
of the President for Canton.-Secre-
tary Wilson predicts that in less than a
year the United States, with its new pos
sessions, will be able to produce every
thing it uses.-The Niagara Bank of But
falo closed its doors, having been car
ried down by the failure of the City Ma
tional Bank.-The record of heat was
again broken in Philadelphia, where
1O2 8 degrees was shown on the Gov
eminent thermometer; at Baltimore the
record was 103 degrees; in a Kansas
town there was record of 104 degrees.
Little new developed in the steel strike
situation, but there is a general belief
that it will soon be called off the sheet
steel combination announced a cut in
prices. -There were more than two hun
dred deaths from heat in the metropOli-
tan district of New York and many more
prostrations-St Agnes's Roman Cath
Ollie church, Brooklyn, was DESTROYED by
fire, having been struck by lightning in
the storm OF the early evening.
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1901-07-10
PUBLISHED BY
ARTHUR F. STONE

Pythian Building. ST. Johnsbuy, Vermont.
St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1901-07-10

HOODS FlLLS care constipation, % cents.
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-20
COPPERS IN The PAST.

-Four years ago l publicly called atten
ton to "Coppers the fact that al
though they had been actively dealt in on
the Boston Stock Exchange for over fifty
years, and had been and were still the
basis of large portion OF New England's
wealth, their merits as frst-class and
semi-speculative Investments were almost
unknown TO investors and spectators in
this country and Europe; to the fact that
Investigation would prove that an invest
ment in the stock of any of the coed pro-
ducing "Coppers" would give much larger
yearly net returns, with surer guaran-
tee of perulanency for longer period of
time, than like investment in any other
class of stocks, and | stated my belief
that so soon as these facts became known
TO investors and spectators throughout
this country and Europe, there would be-
gin a scramble" for "COppers" unpar al
leled in the history of the stock maTks;,
with the result that the price of such
stocks then for sale in the open market
would multiply. that this increased value
would hold and be further increased for
years to come.
At this time, and in all my subsequent
statements, the following were named as
some of the leading "CoppeTs' which
would multiply in price: Butte & Boston.
then selling at 81 TO Sl4; Boston e. Mon
tana, then selling at $50 10 $50, and Calu-
met & Eecla, then selling at S225. So
radical did these views seem that they
were adversely criticised by those in
terested in financial matters, and more
particularly by professional financial
critics, but it is now known and admitted
that my predictions erred on the con-
sentative side only for the present prices
of the "Coppers" then called to the at
tention of the public show an increase in
value of hundreds Of millions of dollars
or more than~has ever accrued to any
other class of stocks in like period
The prices of the three named, Butte
Montana, and Calumet. alone show an in
crease in value of Sis, 100000.
II is Tow known that never in the his
tory of stocks has there been a parallel
to the scramble" for "Coppers" which
carried the price of Butte from 81 to $l0S
per share Montana from $50 to $500, and
Calumet from 1925 to $500, and others in
like proportion. or another instance
where such a tremendous increase in
price held and became permanent. The
fact that the public were SO quickly edu-
Gated, that such a great increase in
values caRe in such a short time. and
that this increase has held and is still adj
vancing. and that seven out of every ten
persons interested in financial matters IN
this country and Europe are now familiar
with the merits of "Coppers." when four
years ago not one in one thousand had
even an intelligent idea OF their worth.
in my opinion proves the following state
ment. which was used in all my public
utterances:
Owing to a peculiar combination of
conditions. this great industry. copper. is
the only one Of all the great staples that
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-20
"cOPPERs" AS AN INVESTMENT,

In buying "Coppers" for speculation or
investment. intending purchasers should,
if possible, confine their purchases to the
stocks of established. producing mines,
for while such stocks are freer from the
risk of loss than any other class of stocks,
there is no greater risk than that which
attends the purchase Of the stocks of new
copper mines.
No inves tment in q gold or silver min
ing stock. the stock of a land company, or
an Industrial based upon patents, is at
tended with SO great a risk as an invest
ment in the stock Of a new copper mine
At least 499 in each 500 of the new copper
mines whose stocks are offered for sale
publicly are worthless. a large proportion
Of them being swindles of a most fragrant
character. organized and conducted for the
sole purpose Of selling stock.
The reason for this Is self-eyident; to
mire copper and legitimately conduct a
copper mining business at the present time
calls for the investment of a very large
amount of cash capital. No new copper
mining company can begin business, under
the necessary modern methods, without
the expenditure OF at least 81 600. 600 TO
s., eco Ono cash before any dividends can
be earned. making 1t the most uninviting
field for small capitalists who intend to
most inviting field for sohemers whose
only purpose is to sell stocks on promises
which can never be redeemed.
AS an illustration of the difficulty Of
securing new copper mining properties:
During the past few years it has been
necessary for me TO closely follow all al
legged discoveries OF copper mining prop
critics in the United States. Canada. and
Mexico or these. there were four hun
dred ard eighty odd which appeared to
have sufficient merit to warrant investi-
CATION. or the four hundred and eighty
investigated, in only forty odd instances
did they have sufficient merit to Justify
the expenditure necessary for complete in
vesGgation by the employment of en-
giGeers and mining machinery. and OF
these forty odd only three met all the re-
quirements necessary for the establish
ment of legitimate copper mining BUSH
ness.
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-20
THE FUTURE OF "COPPERS. !"

Intending purchasers of "Coppers'' for
investment or for speculation should first
find a correct answer to these questions:
"a VIII the earnings of "Coppers," at
the present price Of the metal. allow of
larger net returns than can be secured
from any other class of stocks?
~ Can the permanency Of production
of copper mines be as surely ascertained
as the future earning capacity of corpora
tions which are the basis of other stocks,
and.
90 VIII the present price of copper. the
metal. be maintained? The answer to
these three questions will enable one to
decide whether "Coppers" are a purchase
at present prices. cursory investiga-
ton of Coppers" viii prove that no other
class OF business will give as large net
earnings as are at the present time de-
rived from "Coppers" at the ruling price
of the metal
careful investigation of the present
method of conducting the copper mining
business will-prOve that in no other in
dustry can the future earnings be as
surely ascertained for so long a time in
the future as 'Coppers."
The reason for this is that all good pro-
ducing copper mining companies first. that
is, before beginning to produce" block
out" for years in advance the copper ore
which they afterwards are to produce, -
and each year thereafter add to this re-
serve an amount of ore equal to from so
to 100 per cent of their yearly production;
in other words, "Coppers." while paying
the very large dividends they do pay, set
aside each year in the form of blocked
out ore, 80 to 100 per cent additional divi-
dends.
So consistently has this been practiced
that mines like the Boston and Montana
can al any time after their ore has run
out" pay to their stockholders a sum
equal to the present selling price of their
entire capital stock.
A thorough investigation will prove con-
clusiyely that the present price Of copper.
the metal. is permanent: that Is. it will
surely be maintained for years to come
and that ii will he maintained through the
working of the natural law of supply and
demand.
The present selling price of copper. the
metal. is about II cents per pound. The
cost of production is from to cents
yet with this enormous disproportionate
net profit the consumption throughout the
world Is 50 rapidly and steadily increasing
beyond the possibility of production as to
ensure for years to come this or any other
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-20

NEW YORK, Jan. 19.-The downward
movement in the market made further
progress today The speculation super
ficially was affected unfavorably by re-
ports OF the mortal illness of the Queen
OF England, it being assumed that the
passing away Of the venerable monarch
would be regarded abroad as likely to
cause political disturbance apart from the
natural sentimental influence.
Time and again the common sense and
conservatism of Queen Victoria has
smoothed over difficult and threatening
problems that have confronted England
in the qualifications OF Continental politics.
Some time after the close OF business on
the London Stock Exchange the reports re-
garding the Queens health became alarm
ing. and a perfect flood OF selling orders
for foreign account were received for exc
eution in this market.
The street also considered the bank
statement discouraging, because it partial
ly reflected in the items Of loans and de-
posits the steps taken to finance recent
large corporate purchases. The statement
showed an increase in loans OF S22, Sal, 600,
and an increase in deposits OF $780, 451 coo.
The assumption is that money was Dor
In the purchases and in turn paid by the
central agents in the operation to their
own banks, thus accounting for the in
ereases in the leans and deposits
Today's market reflected an almost con-
tinuous selling pressure. a great many
stop orders being reached. The iron and
steel stocks showed strength at the out
set On the publication of circumstantial
report that Federal Steel had secured
control Of practically all of the common
stock Of the American Steel and Wire
Company as & result of a new deal"
On denial OF the story this group re-
acted in common with the general market.
In the early advance Steel and Wire
common gained 23-S per cent. and the
local traction shares rose to the extent
OF L per cent each in Manhattan Railway
and Metropolitan Street Railway. The
feature of the entire market was Missouri
Pacific. which led in respect to activity
and scored an extreme advance of about
points without any attending news or
reports. The Subsequently lost all
OF the improvement and scored a slight
fractional net decline.
The volume Of trading was below the
recent average fer q half holiday In the
railway list the greatest attention cen
tired in Rapid Transit. Northern Pacific
common. Erie common. and Manhattan.
and in each case there was decided
diminution Of activity.
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-20
The Chesapeake chaGtauqua Assembly, Of
ChautauGua Beach, Nd.

has opened an Office at No. SIS F st. n. W.
Room 80. for the sale OF their building
lots at Chautauqua Beach, taking sub
scriptions to their capital stock and the
booking Of excursions for the season OF
1901 of Sunday Schools. Leagues. Conyen-
lions and other organizations which may
desire an outing for day or longer at
thoroughly moral and elevatiGg resort.
The immediate improvements contem-
plated for the amusement of the children.
pleasure of the daily visitor, comfort of
the hotel guest and enjoyment Of the cot
tage resident are elaborate, comprehen-
sive and attractive. Our patrons may
rest assured that the sale Of Intoxicating
liquors. horse-raclng gambling and gam
bling devices will be strictly prohibited.
Not laboring under the disadvantages
and inexpcrience Of last season. We can
confidently promise for next season better
service in all departments.
For plat OF lots. size and prlce-list. ex-
cursion dates, etc. Call or address Rev.
CHARLES c. MAGICIAN. Chancellor.
HOTEL AND CAFE TO lease to RESPONSE
BILE person for term OF yearS.
;alOeod-I3t
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-20

price which does not actually prohibit
the use of this metal.
The only factor that can adversely affect
the selling price of copper. the metal, is
the discovery Of new mines.
Demonstrated facts indicate conclusiveiy
that the entire production Of all new
mines for the coming ten years will prob
ably not equal what has been taken from
the old ones in the past three years.
The answers to these questions prove
that no purchase OF stocks can be made
which will be so free from the risk of loss,
SO sure to pay for the present and for the
future such large returns. and consequent
ly so sure to give such large profits as
"Coppers." In my opinion the purchase
Of good. producing "Coppers" at present
prices will give as large. if not larger.
returns in the coming two years than have
been realized In the past four
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-20
THE CHICAGO GRAIN MARKET.
wheat Closes Lower, Corn Dull, and
Oats Somewhat Steadier

CHICAGO, Jan. 19.-The steadiness of
the Liverpool market, which was IN
changed TO 18d higher, again gave this
market better opening. There was mod
crate commission house buying early, but
the offerings from the local professional
element who are bearish, were too heavy
and resulted in a decline CT IS from the
top, from which there was a feeble rally
and the market closed lower than last
night. The only support offered the mar
ket comes from shorts. There was an alb
sence Of yesterdays liquidation. Receipts
for the day were 215O C0 bushels larger
than last year, and for the week are over
million bushels. Australian wheat ship
ments were larger. being 432, 000 bushels
Cash sales here aggregated %. 00O. The
seabOard reported thirty loads The visible
supply viii show an increase.
Corn was exceedingly dull. about the
only trade being between local profess
SIGNALS, who exchanged round lots with
one another. While country acaeptances
were reported light there was some receiv-
ing houses selling. The cash demand was
slack. The seaboard reports twelve loads.
Local stocks viii show a fair increase for
the week. Today's receipts were 445. with
400 estimated for Monday.
Buying by an elevator firm, supposed to
be removing of hedges, steadied the oats
market In spite OF the easier tone in other
grains. The market was dull. and the
volume Of trade small. Receipts were 24s
cars. with 252 for Monda,.
The sympathetic infiu .'Be~ of grain mar
kets caused a considerable scattered lioui-
daticn In provisions, under which prices
yielded sharply. The leading bull interest
bought on the decline, and there will be
some demand froa4 packers. The closing
was steady. Stocks here continued light
and this gives provisions a strong under
tone and makes the outlook buIlish.
Chicago Grain and Provision Market
Corrected daily by W. D. HiIbs & Co., mem
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-20
unsbIrrton stock Exchange.

saIes-Capital Traction As. s50OQ1O7 $-S-
Lincoln National Bank, 1oGl11 IL. Ma
tional Safe Deposit and Trust Company
3T15O. American Security and TruE, Com
pany. 2d225. Riggs Fire Insurance Com
pany. 2e67 1-9. Capital Traction. $50
104 rs Washington Gas. 25aG4 IL. Mer-
genthaler Linotype. 2OG160 45@16S, ESQ
1914. 45G165. 2OG154 IL. 10d16S 81, 500
1863 1-2, 1Om163 3-S. 6O@162 "a. and 100
1872 IS. After call-Was hington Loan and
Trust Company, 106if5. Washington
Traction and Electric IL S. s6.cOOg79 IL.
American Graphophone Company. Com,
1O0@1O. Mergenthaler Linotype. 100
I63 81, 151164, and ST163 SIS.
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-20

The downward course of the market
yesterday and the figures CT the bank
statement illustrate. together. very for
cibiy the vide divergence between ac-
tual conditions and present sentiment
The statement is the best ever issued by
the clearing house, probably, showing an
immense gain in cash and fine in
crease in surplus reserve. 1t indicates in
q way that needs no explanation the SUI
perb financial conditions that exist, and,
less directly, the general business situa-
ton The appearance of this statement
was al time when prices in the best Of
railway and industrial securities were
breaking rapidly, at the end OF a week
that has witnessed a continuous de-
cline, measuring several points in most
securities. The moral of this seems to
be-and many important people are un-
Outstanding it that way-that the present
break in prices is due to technical condi-
tons only. and not justified in the least
by intrinsic conditions. These people will
buy stocks on the declines every day now
in the firm expectation that the recession
Will not go much further and that the
upward movement Will soon be under way
again They may be mistaken in their
views. but IL they are it will be thing
that does not occur frequently.
Aac olNhAtoS Vi queen 4ldu d
considerable effect on the market yester-
day, causing liquidation of stock that 9TH
erwise might not have been sold. II is
probable. too, that in case her Illness is
prolonged II may continue to depress the
market this week. 1t is not believed that
her death would have more than tenn
porary bad effect, and it is possible that
the important interests might combine to
support the market and prevent even a
temporary sharp depression.
The New York traction securities we're
among the weakest stocks on the list and
In this they made a vivid contrast to
their action on Saturday a week ago. II
will be remembered that on that day
gains of three TO seven points were scored
and that the group was the leader of the
market. The boom is supposed to have
been a manipulated one simply, and ap-
parently it was made under the misappre-
hension that the decline would not extend
during the past week. At the close yes
terday all the gains of the previous Sat-
urday were lost and more with them At
the same time there is O persistence
about the talk of higher prices for the
group that convinces careful market peo-
pie OF deal in view IL not actually yet
consummated.
~ Il
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-20

has absolutely escaped the march of mod
ern progress-escaped IL for fifty years,
until today it ia possible for capital to be
invested in this business on a basis that
will give to 1t 100 per cent net profit on
all gross business-a business where the
working of a natural law of supply and
demand not the artificial law Of arbitrary
combination. allows the producer to make
his selling price such as will give to him
from 100 to $50 per cent net profit on his
entire product"
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-20
Do You Need Maaey2 We Hare II for You.

We want to call your attention to our plan o.
Ioa1ing money on Furniture Pianos Organs o.
snv household goods. We say tc you II you need
money this is the most reliable loan Office in .hs
city, Ycu have delay. No unnecessary eues-
tons to ask yoI. Our terms the cheapest,
our payments the smallest. and your own tine
to return the money. We will lend you any
amount from $40 Up. Private offices Business
strictly confidential. COLUMBIA GUARANTEE
CO.. els st. NV. anl1-tf
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-20
OFFER FOR PUBLIC SUBSCRIPTIONS.
subscription
Of of
ARlMEX CONSOLIDATED COPPER COMPANY,


o d a a IN OF for
January
ais o reject ub ri ti G go npar.
tGipi sen onapia
n and
o
tm en oil w o 3to Mass:
The times. [volume] (Washington [D.C.]) 1897-1901, 1901-01-20

MoNEY-sIO AND UP LOANED ON
FURNITURE, PIANOS, ETC. AT THE
LOWEST RATES, AND EASY PAY
MENTs. BUSINESS STRICTLY con-
FIDENTIAL.. SEE ME BEFORE ROR-
ROWING ELSEWHERE. MARTIN.