davidaulloa/AmericanStories huggingface dataset:
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-07-26
CONFIDENCE IN
TRADE STRONGER
Railway Stocks Rise TO a New High
Record.
GOLD EXPORT, MONEY EASY.
insufficient Ruei Hampers Iron and
Steel Industry-Less Activity in
Speculative Market.

New York, July 25--R. G, Dun G.
Co. g Weekly Review Of Trade tomor-
row viii say! Each day brings the
agricultural products of the nation
nearer maturity, and as the possibility
Of any serious injury becomes smaller
the feeling of confidence in fully sus-
tanned trade grows stronger. Railway
stocks rose to new high record price
and gold was exported, yet money
iuled easy July oats succeeded corn
as the leading speculative cereal, but
all distant grain options tended lower
as the outlook improved.
"The heavy distribution of merchan-
disc is shown by railway earnings thus
far reported for July 20 per cent larger
:han last year and 20 per cent In ex-
cess Of the corresponding period Of
1900.
Insufficient fuel Is the one serious
difficulty in the iron and steel indus
try.
Footwear factories have returned to
almost tull operation, contracts COM
ing forward freely from wholesalers
At the large centers.
"There Is less activity in the specula-
tive markets for the leading cereals,
vet prices were fairly well maintained.
Meats We're somewhat weaker on larger
receipts and smaller export buying.
Among the other staples coffee con-
.inues active and firm, despite the sta
tstlcal situation.
Failures for the week number 200
in the United States. against 1856 last
year, and II in Canada, against % last
year"
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-07-26
Rio Grande Anticipates 1000 PeO-
pie viii Go on Special
WITH TABERNACLE CHOIR.
singers and Friends Going 60 Heber
Monday, where rhey Will be En-
tertained by wnsatcb Stake.

If all who have TO date signihed their
intention OF accompanying the Taber-
hacle choir to Heber City on Monday
show up at the depot 1t will not be an
exaggeration to say that close upon
1000 people will board the special train
for days junketing In beautiful Pro-
yo canyon.
The train will leave the Rio Grande
Western depot at $40 a. m. arriving
at Sticks resort at South Forks at 10 80.
passing the Bridal Veil falls and the
grand and picturesque scenery en-
route. Here the excursion rests until
1880, when those excursionists that
wish to (all choir members are ex-
pected to go) will board the train for
Heber, where they will give a free
musicale to the Old Folks and other
citizens In the stake tabernacle, In
which the Tabernacle choirs of Salt
Lake and Provo, the Best, Johnson,
Parr, Morley quartet Mrs. Lizzie
Thomas Edward, Little Mile VIII
liams, Alfred Best. Mabel Cooper, Prof.
II II. Giles, Eli II. Pierce and the
Boshard and Pyne Brothers quartet
Of Provo, will take part under the dl-
rection of Acting Conductor j. j. Nc
Clelan.
Immediately after the concert is over
Prest. Smart and Counselors Of the
Wasatch stake, will tender the choir
and sololsts a reception and light re-
freshments Will be served those who
have given so much pleasure TO the
good people Of Heber and vicinity.
At 3 o'clock the train Will again de-
part for the canyon, arriving at South
Forks at about p. m, where three
hours will be spent In dancing singing,
fishing, lunohing and roaming In search
Of wild flowers
AT 7:l5 the special will begin the
descent OF the canyon and the party
viii arrive at Provo at about o'clock
where another program will be rem
dered In the Tabernacle by the cholrs
and soloists, after which the train
leaves at 10 o'clock sharp for Salt Lake,
ending day Of pleasure such as the
choir has rarely enjoyed. Parties wish
Ing to remain in the canyon all day
are at liberty TO do so, the choir MEM
bers alone being expected TO so to He
Der by the committee. The rate, $3.50,
includes the Heber trip, however and
this feature will be one of the most
pleasant Of the day.
Manager Slick. Of Sticks South
Forks resort, Is going to have an ex-
cellent trout dinner from IL to and
viii do all in his power to make his
guests happy.
The committee consisting Of c. r.
Savage, John ]. Mcclellan, II. f.. Giles,
Eli H. Pelrce and II! 7. McEwan are
working like TroJans to make the at
fair success, and Mr.. Benton Of the
h, G. w. railway expects a tremendous
crowd to accompany the famous body
OF singers.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-07-26

here, expressed himself to the extent
that he did not think that his COM
pany would be disposed TO take kindly
to the action of the committees.
The sentiment among the oouncllmen
was divided Councilman Fernstrom
proposed that a requirement be incor-
porated In the Franchise that the COM
pany shall pay per capita tax OF at
least IA mills on each fare collected
during the life OF the grant. Council
man A, j. Davis had another scheme.
He proposed to ask for bonus Of $780,
600 to be paid into the city treasury
In addition to the per capita tax. This
latter suggestion found favor with the
majority Spence, Vigus and Il. II.
Davis voted with a. j. Davis. The
minority, Thomas, Fernstrom and
Eardley stood for the per capita tax
proposition, In lieu OF the customary
license tax of s25 year on each motor
car operated
The meeting came TO a close with
out any definite plan being adopted.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-07-26
Speculation Was of a Decidedly
Varying Character
SOME PRESSURE TO SELL.
Publication OF Bank statement Was
The Cause Closing Easy nj
Lowest.

New York, July 26.-The majority Of
stocks opened higher, but a few showed
losses, among them United States Steel
preferred, which fell u on the sale OF
5000 share block New York Gem
trail rose Y on running sales of 5000
shares and later reacted a point. The
speculation was Of the same varying
character as yesterday but centered In
a few stocks st. Louis & San Fran
cisco was pushed up AZ TO 79%.
placing II fractionally above the second
preferred stock II reached 2 points.
Rock Island advanced to 200 United
State Steel stocks rallied to above yesS
terday's close, Sugar reached 1874 at IL
o'clock and the market became steadier.
There were some further advances in
St. Paul. the Pacilcs and leading spe-
cialties, but prices generally dropped
with a languld demand Except for
few strong stocks losses were estab-
lished and the reactions ran to a point
in the principal active stocks, The pub
licatlon Of the weekly bank statement
increased the selling pressure, and the
closing was easy at about the lowest.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-07-26
The Market Has Been Firm With
Boosting Tendency,
DEMAND FOR GOOD ISSUES.
Dividend Paying stocks and Better
Clsss OF Prospect. Were Much
Wanted.

Trading for the week was brought TO
d close with this mornings session OF
the mining exchange and the business
recorded during that time involved no
fewer than 2O7, 9l5 shares, and s2O7, 7iS.
Trading was good at nearly every ses-
sion and the better class Of stocks was
chiefly in demand There was much
evidence during the week Of o consid-
cradle outside trading element and the
market was not little favorably effect
ed by the knowledge that there Is
fairly strong underlying demand for
stocks by outsiders
Many issues advanced to higher fig
ures while with few exceptions no large
declines were noted
Con- Mercur, Daly-West. Daly-Judge
and Grand Central were the centers OF
attraction among the higher priced
stocks, while Ajax, Ben Butler, May
Day and California participated largely
In the business
Con, Mercur in the fRce OF the fact
that another $4,000 dividend viii be
paid August ., was very Arm above
2.OS, while sales were recorded at ig-
ures above 2.05.
At EOS q share the value OF the mine,
estimated to have not less than s30O0,-
600 net In ore reserves Is $2,050, 900 upon
which over II per cent In dividends Is
being paid annually at the present rate.
Daly-West has been weak ever since
the accident. bearish element IL
using rumor that some damage suits
threaten the company, as a club but at
the close today the stock held firm at
s5l.o0. II is stated that there VIII
neither be a discontinuance OF nor
decrease in the present dividend rate
Grand Central, with contracts for her
low grade ore signed up and shipments
commenced. and a corToberated report
OF big strike in new territory, closes
the week with a sale at $500
Daly-Judge, after reaching $l2 fell Off
considerably but closed today with a
sale at II 80. A statement is going the
rounds that every share Of stock Of
fered for sale Is being taken by eastern
buyers
Ajax. Ben Butler and May Day
showed up very we'll during the week
as did also Utah and Century. The
latter two properties are said to be In
excellent working order.
California rose to dizzy heights on
positive information that an assessment
or two are soon TO be declared. How
ever the fall was equally rapid though
the week closed with prices somewhat
rallied.
Quotations and transactions today |,
<yara foiloWQ.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-07-26
GRAND CENTRAL AFFAIRS.
Low Grade Contract With Bingham
Company Very Profitable.

The management Of the Grand Cen
trail company forwarded this week IL
carloads Of ore TO the Bingham smet-
er. Two carloads OF the ore were Of a
very fine grade. while the other 10
were from the big dumps Of second
class ore averaging over 81 In values
While negotiations are still on with
the railroad for an extention Of the
Mammoth spur to the Grand Central
dump, the management of the latter
company Is preparing to ship no fewer
than 5000 tons OF second class ore
monthly, while II has not entirely BAN
ished the idea OF erecting an overhead
tramway to a station on the main line
Of the railroad.
II Is stated that the company already
has very good treasury surplus and
that I'm view OF the fact that an AMIGA
bic settlement OF the Mammoth.Gra
Central litigation Is not entirely i'm
probable things are In a most fayora-
bic condition, The strike in Grand
Central territory has been confirmed
though It's extent Is not yet determined.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-07-26
MORE APPOINTMENTS.
Plat Succeeds Henderson While
Matson Goes TO Pocatcllo,

II. V. Plat, the agent for the Ore
gon Short Line at Pocatello, has been
appointed by General Superintendent
u. II. Calvin to succeed Horace w.
Henderson, promoted as local freight
agent here. Mr.. Plat in turn Is sue
ceeded by A. B. Matson, the agent at
Montpelier. Ida. The appointments go
into effect Aug, /, when Mr.. Hender-
son takes over the superintendency OF
the Utah division. Mr.. Calvin this
morning stated that there would not be
any more changes at this time.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-07-26
1T WAS so.
Rio Grende officials Confirm Story
or A. r. Welby's Resignation.

The cruel suspense Is over. II was
the intention Of Manager Herbert on
his return TO Denver to Issue a circu-
lar announcing the resignation Of Cen
eral Superintendent A. L. Welby OF the
Rio Grande Western and the appoint
ment OF j. II. Young TO succeed him,
effective Aug l.
This paper on Thursday anticipated
the change and accordingly gave II as
a piece Of legitimate news Yesterday
the morning papers quoted the visiting
officials as being intensely surprised
that any changes should be thought ot
at this time. In fact they are reported
TO have denied all knowledge Of any
designations or appointments.
Yesterday afternoon, however, Man.
ager Herbert announced that Mr.. Welby
had handed In his resignation and Mr..
Young had been appointed to succeed
him, Aug. l. All OF which had been
public property for IS hours. Mr. Her
bert also announced that the appoint
ment had been under consideration for
more than a month past
The official announcement Of the res
ignation OF Mr.. Welby will be received
with genuine regret In Salt Lake. Per-
haps the esteem in which Mr. Weiby IL
held among the trainmen and those un-
der him on the Rio Grande Ia best ex-
pressed by a Rio Grande engineer who
said this morning: 1.-THE physical con,
dition OF the Rio Grande lie a monument
TO Mr.. Welbys ability, bit perhaps the
best tribute TO him as a man is the
fact that during the years he has been
with the Rio Grande I have yet 10 hear
OF man who had been fired by him
who would not admit that Mr. Welby
was just in all his decisions"
Mr., Welby was born al Georgetown,
South Africa, A years ago, his father
being one Of the Church OF England
bishops OF Cape Colony. He entered the
railway service In 1879 and for several
years was connected with the Grand
Trunk In 1881 he came to Colorado as
clerk 10 the division superintendent OF
the Denver & Rio Grande Twelve
years ago this month he was appointed
superintendent Of the Rio Grande west
ern; two years later he was promoted
20 the general superintendency OF the
system. Col Dodge as did HIS asso.
ciates, had a very high opinion OF Mr.
Welby's ability as an efficient railroad
man. This opinion Is also shared by
those In this state who profess 10 know
anything about railroad affairs,
II Is understood that Mr.. Welby is un-
decided as 10 nis future plans but Il Is
safe TO predict that man u his ability
VIII not be allowed TO take very long
vacation.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-07-26
! NEW YORK METAL PRICES !
SODA SPRINGS, IDAHO.
NEW ROAD TO STAR VALLEY
Paradise for sportsmen-Ill.Luck OF
Louis Winchell.
Lead quiet, 4.12la.
Copper dull, 1i.65Q11,75,


Special Correspondence.
Soda Springs, Bannock Co., Idaho,
July A.-The quarterly conference Of
Bannock Stake will convene in the
meeting house at Soda Springs at 10
o'clock next Sunday morning and con-
tinue two days. A large representation
OF the Saints from all parts Of the
Stake Is expected.
IN BAD LUCK.
Louis WinsChell seems to have more
than his share OF III luck. A few weeks
ago, says the Idanha Chleftain. he had
a portion Of his right arm shot away
by the accidental discharge Of shot
gun and had about recovered when he
was taken with the measles. Last
Friday while hunting cattle on the
rance he met an Indian who was hav-
ing some difficulty with the mechanism
Of a 25-35 Winchester rifle. He offered
10 assist the redman 10 get the gun in
working order and while they were
thus engaged the weapon was In some
way discharged. the ball passing
through his left hand tearing away the
bone Of the third finger. Immediately
after the accident the frightened In
dian mounted his horse and rode away
leaving the boy TO get TO town as best
he could. The accident occurred about
1890 o'clock near Ten Mile Spring and
he did not arrive here until late in the
afternoon when his Injuries were at
tended by DR.. Kackley.
NEW ROAD TO STAR VALLEY.
Instead Of going around by the way
Of Montpelier travellers from Cache
Valley and other southern Idaho and
Utah points can now drive through 10
Star Valley over the new Tin Cup"
cutoff. a saving OF 60 miles TO Alton
and 70 miles TO Freedom.
The road leads from Soda Spring up
Trail canyon TO Lander's road at head
OF Lanes creek, thence down Tin Cup
canyon TO Freedom, distance OF as
miles. For the construction Of this
road $500 was appropriated by the
county commissioners, to which was
added about $3.50 subscribed BY resi-
dents of Soda Springs and $500 by the
people OF Star Valley. The construc-
ton work has been going on FOR the
past two months in charge Of Contrac-
tor Marion Heap and the road was
completed and opened for travel last
week.
This route TO Star Valley and the
Yellowstone National park offers spe-
clal inducements TO tourists for the
fishing In the streams along the way Is
not better In any other part Of the
state, and grouse, sage hens and ducks
are found In abundance, a yeritable
gpOrt snan'S paradise
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-07-26
Subsidy Terms.

London, July 26,-The Times an
nounces this morning that the subsidy
Of the Canadian Pacific service will de-
pend upon speeds Of the passenger
steamers, If they are 20 knot vessels
Canada viii give a subsidy of R175,0OO
and Great Britain will probably sup
plement this by a subsidy half as great
making total Of e262.O0O There Is
every prospect, says the paper, that
the matter will be arranged before the
Canadian ministers leave London.
According TO the Times, the Canadian
Pacific railway Is prepared to fight the
Atlantic shipping combine. Passenger
boats, says the Times. viii be built to
be available as armed cruisers or as
troop ships, with large steerage ac-
commodations.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-07-26
MINING, BUSINESS AND STOCKS.

| days market with 70 carloads Of con-
| centrates.
Messrs. Kimberly and Bull who now
control the Cedar city iron fields, leave
for the east today
Joseph Oberndorfer, the well known
troker has returned from a several
weeks vacation trip 20 California.
An answer In the case Of the United
States Mining company vs. l.. NJ. Law
son ct al was filed today IN the Federal
court
The Dixie mine mt ST. George is re-
ported 20 be opening W splendldly
while construction Of the new smelter
is under way.
Manager Pollock. Of the Tetro, an
nounces that the property will be
equipped with power plant of It's own
IN the near future.
COL Treweek. OF the Wabash, is re-
ported to have reached Boston while
Assistant Manager Dougherty Is eX-
pected from Omaha, Monday
Manager Joseph, Of the La RENE,
announces that his company has ac-
qulred lease and bond on the pro-
perry Of the Rlchmond-Anaconda COM
pany.
Utah copper stocks quoted In Boston
obtained at the following figures yes
terday: Bingham $3.50, Utah, S2L25'
United States, $3.50, and Boston Con-
soldated AO6A
At the Taylor and Brunton offices
this morning the samplng was re-
ported OF u cars Of concentrates from
Ophlr canyon, two cars Of ore from
Tonopah and one from Tlntlc.
Manager z. T. Farnsworth, Of the
Horn Silver, has returned from Idaho.
lie says that nothing VIII be done at
the Frisco property until more salts
factory working charges are obtain
able
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-07-26
A NEW Departure,

The Chicago Milwaukee & 81. Paul
Railway has recently put In service on
It's Pioneer Limited trains the largest
and handsomest dining car ever built
At Is 81 feet In length from tip to It'd
and its body is inches wider and high.
er than the usual dining car. II seats IS
people comfortably In movable chairs
and has a kitchen large enough TO per.
NIT the working OF six cooks, which
with six walters and conductor make
up the crew. The dining cars hereto.
fore in service did not provide sufficiea.
space TO properly care for the larTe
number OF patrons Of the Pioneer, 30
that It became necessary TO have q
larger car.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-07-26
DE LA MAR GOLD MINES.
superintendent Janney Len for the
Property Last Evening.

Frank Janney under whose direction
the De Lamar gold mines are being
opened UP left for those Nevada boz
nansas yesterday having placed his or
ders for supplies and materials for the
equipment Of the property.
II Is expected that the 75O-horse pow
er electric plant 10 be installed some
miles south OF Calientes will be In
readiness for operation within 30 days,
while the machinery with which to in
crease the mill capacity to 300 tons OF
ore daily, is being hurried
II was estimated by Mr. Neil, the
expert mining engineer that with the
proper equipment In the company will
from the startup earn not less than
sos, 900 a month net, while when the mill
capacity is enlarged to 800 tons daily
over twice that amount net will be
earned
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-07-26

The Oregon Short Line passenger de-
partment looks for the biggest excur-
sion that II has ever hauled out OF Salt
Lake tomorrow morning The occasion
will be the Scandinavian reunion at
Brigham City and It is expected that
close upon 1900 will take advantage OF
the low rates offered The Rio Grande
train from Sanpete Is reported to be
loaded down with passengers, most OF
whom are going on TO Brigham In the
morning. City Ticket Agent Kyes has
been kept busy all day selling tickets
for the excursion.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-07-26
Colossal Papers Filed.

The Colossal Gold and Copper com
pany OF this city filed its articles Of In
corporation In the county clerks office
today. The capital stock Of the COM
pany Is $500 0OO divided into the same
number OF shares " the par value Of
81 each f. +. Brown Is president; G.
S. Du Mont, vice president an4 treas
urer and Wallace W. Wait. secretary.
The company holds an option ON the G.
NJ. c. group OF lode claims, truated
In BOWER county.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-07-26
I'M no.. Mnrm Mnnlrlne

II. p. Kumpe, Druggist, Leighton.
Ala, writes zone OF my customers
had a child, which was sick, and threw
Up all food, could retain nothing on its
stomach. Tie bought one bottle OF
Whites Cream Vermifuge. and Il
brought up ll9 worms from the child
It's the boss worm medicine in the
world Whites Cream Vermifuge Is
also the children's tonic. IL improves
their digestion and assimilation OF food,
strengthens their nervous system and
restores them to the health. vigor and
elasticity OF spirits natural 10 child
hood. 25e at z. c. II. l. Drug Dept.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-07-26
MINING NOTES.

Two more cars Of ore from Tonopah
went 10 assay this morning.
A small shipment OF Flagstaff ore
from Alta will be marketed next week.
Supt. Kirby. Of the Daly-West leaves
for that Park City bonanza tomorrow.
Mammoth ore TO the extent Of one
carload reached the local .aarket to-
day.
Senator clark's ophlr Hill Is on to-
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-07-26
WEEKS SHIPMENTS LARGE.
Great Quantity Of ore Now Headed
This Way,

Assistant Manager Woodbridge Of
the Taylor and Brunton sampler stated
this morning that ore Is coming In
from the various Utah camps IN mag
nlncent quantities. Tintic picked up
not little this week and with the bet
ter smelling charges now 10 DE OBJ
tanned, there is little doubt that a good
record will be recorded by the shipping
agents In Tintc,
From Bingham little less than 1000
tons Of ore weekly Is coming. while
there are many companies and lessees
getting ready 10 forward conslgnments
OF ore.
Park City shipments picked up some
this week and soon the regular guam
tity In the neighborhood OF 1900 tons
weekly viii be forwarded.
From Stockton, Alta, and Nevada
camps many tons Of ore are coming,
and when the new American plant gets
under full headway a still greater tom
mage Is expected.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-07-26

1872 400 bushels. Opened firm and high.
or on stronger cables with reports or
unfayorabie weather In England, Lat
err II reacted under big receipts at ST.
Louis and prospects for a larger ylsi-
BILE supply decrease. Sept i6~n7bBi
Dec, 76 7-i6077; May, 7ShG1S ll-l5.
SAN FRANCISCO
San Francisco, July Wheat
Steady, l1ila; Spot quiet but steady
LIS
Corn--Large yellow, steady, l42hp
1.47la o,.,
Barley Firm, Dec. S5ls cash, 9S%'
LIVERPOOL.
Liverpool, July 26,-Wheat-Sept., Is
Id; Dec, Is sd,
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-07-26
YANKEE con. PLANS.
Management Not After Better Rates
ON larger shipmenis.

Dr. Franklin stated today that he
will have nothing TO say regarding
Yankee matters until after the meeting
August a. When asked whether the
Yankee would try to get better smelt-
ing charges with a view to increasing
shipments he said that nothing is be-
ing done In the matter.
I'VE are simply developing the prop
erty and getting nice little surplus
In the treasury We don't intend to
try to make other arrangement with
the smelling company nor to increase
shipments at present"
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1902-07-26
DRUG STORE OPENING

Tonight Willes-Ho Drug Co..
from ; Ia II, Deseret News building.
Souvenirs TO all ladies' Music. Every.
one welcome.