davidaulloa/AmericanStories huggingface dataset:
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08
WALL STREET IS
UNDER SUSPICION.
Reading, Which Is the Index Of the An
thracite Situation, Was Lifted a
Shade Higher.

New York, May 7--Today's stock market
made an unavslins effort to contest the
downward tendency. After yesterdays
reyulsior from the semi-demornllzation on
Monday came rcactionary tendencies,
which were nat6.al, TO restore the normal
balance Of things, but this tendency was
reinforced by the decidedly skeptical sen.
timcnt over the prophecies concerning the
anthracite labor settlement These rroph
ecies continued very confident from sources
with every means Of authentic information,
but the fat contradiction Of the runners re-
ccivcd from Scranton, where the miners
delegates were in convention. caused con
fusion and uncertainty, and suspicion
that the Wall street outgiviugs were in
The nature Of tips" designed to Influence
the stock market. AS a matter Of fact.
Reading, which was accepted as the index
Of the anthracite situation, was lifted a
shade above last night
The reports of the condition of the crop
ana the weakness 0f the grain market were
a heip to tue grain carrying railroads and
they made a good advance in the course
Of the days session
The continued aggressive strength of
louisville aud Nashville and Chicago. IN
annapolis and Louisville, and various
smaller subsidiary lines. gained additional
influence from the response In Southern rail-
way which was considered significant Of
closer relations in the whole Southern
group. Nashville. Chattanooga and ST.
Louis, Chicago, and Eastern Illinois and
Evansville and Terro Hautc, all shared in
the movement. Illinois Central was a COO
Fpicuous exception and was heavy through
out, falling az one time ~.
Inc advance I'm Kansas City Southern
was attributed to the formation Of pool
IN thc STOCK. All OF the strong points how
ever yielded to the liquidation during tbe
IaSt hour. Practically all Of the gains were
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08

preston in corn and wheat. Crop advices
were favorable and the cash SITUATION Wus
still good There was little support on
the decline and July sold from 33ts 70 "a
weak close n down at 35M. Receipts lo'
cars
Provisions were dull and huctuated mar
rowIy. The weak hog situation at the
Yards offset the general disposition 70 buy
when the market opened Ribs and iard
were In good demand and especially py
packers brokers. The weakening grain
markets also worked against the advance
and the early grains were not held wei.
July pork closed unchanged Mt 1925, July
lard a shade higher at 1910 and July lids
3 up at 9.52l2.
Estimated receipts for tomorrow: Wheat
90 cars; corn 10J cars; oats 40 cars; nogs
2S. coo head.
cash quotations we're as follows:
Wheat1No. 3 72d75; No. . red s1ds2.
Oats-No . 415sd42; No. white 43A944;
No. g white 43Isd43%.
Rye-No 2 59R
Barley-Fair to choice mating 6s6T1.
Flax seed-No. / 1.64; No. / Northwestern
1.75
Timothy seed-Prime 100
Mess pork-per Dbl 16s5d1690.
Iard.-Per 100 lbs 10,0TkG1010
Short ribs sldes-Loose 9.45d9.55.
Dry snlted shoulders-BoXed smSA.
Short clear sides-Boxed 1O.oDd10.10.
Whlsky-Basis of high wines 100.
Clover Contract grade s35.
dfaE r.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08
Grain and Provisions Elsewhere.

Bacon-Steady; boxed extra shorts 10. 6215;
clear ribs 1000; short clear 10 10. ~
cepts-Flour 1000, wheat 2So00, corn so
COO, oats $1,000. Shpments-Flour 5000,
wheat ii, 900 corn 5000, oats $1,000.
Kansas city. Nav 7.-Wheat-May 71B;
July 71kd71A; cash No. hard 70; No. 2
red 10. Corn-May 619sd6lai; September
CAS-; cash No. mixed 66m6612; No. . white
G5m65Is. Oats-No white 454Gl45h.
Eggs Fresh IA. Receipts-Wheat 1890,
corn 144,O00 oats 10000. Shipments
Wheat 5000 corn $500. oats 1900
New York. May Wheat Receipts o5,-
600; exports 2s,OOO Spot weaker; No. red
SIS elevator No. red ss7A I, o. b. ahoat
No. l Northern S23s +. o. b. ahoat; No.
hard S6Ss f. o. b. aloat. Options lower.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08

ST. Louis May 7.-Wheat-Lower; No. 2
red cash elevator 81; track s2l5; May n;
July ~; September 72Ia. Corn-Lower; No.
cash CT; track "a; May 591a; July COY;
September 5Sa4m5S7s. Oats-Lowcr; No. ,
cash 49,; track 44Ad4fa; May 4112: July
32%l September 2T7s No. > white 43%Gl i5I2.
Pork Steady, jobbing ! ! 10 new; l1.05 old.
Lard Higher 10 CO. Flour-Dull; red win
ter patents 3 65d3 50; extra fancy and
straghts 3 40m3 50; clear 3 oOd3 20 Tim
othy secd--Nomlnal 5.oOd5. 30. Corn meal
Steady 2 10; Rran-Steady: sacked east
track a3. Hay-Stroug; timothy 10. Ood
1900 prairie not quoted. Whisky-Steady
1.3o. Iron cotton ties steady los. Bagging
Steady 5JsG6% Hemp Irvine 0. Dry
salt Boxed steady; extra shorts
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08
LARGEST NUMBER OF CARS
RECEIVED FROM TEXAS.
Movement Thus Far in the Year to St
Louis Division Shows Increase Over
Last Year.
The Live Stock Reporter says:

From January up to and including the
week ending May 3. the total receipts Of
cattle in the quarantine division at St.
Louis amounted to 6291 cars as against
4G71 cars received during the corresponding
period of 1901, a good balance in favor of
the present year. The comparison shows
that the greatest number OF cars came
from Texas, with Arkansas next and the
Indian Territory third in order. Follow
ing is a tabulated comparison of whence
the receipts originated during the period
in question for the two years, 1901 and
1902.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08
WATERING COURSEFOR COTTON

the bull. Sales on the spot amounted to
1000 bales at quotations advanced by Lied.
At the close contracts were higher by 4l5
10 5ib-64d on near and G to 6h-64d better
on far options. A recent reduction in ex-
ports is probably receiving the attention
OF Lancashire.
New York opened to points below
the previous close slight decline at
once made the lowest Of the day and fuc-
tuations were very narrow in the early
moments. A rapid advance soon set In and
carried the scale TO top prices In the mid.
die Of the morning. gradual loss OF 3
to points followed in the latter half OF
the morning and formed a level that ruled
until after the midday call. slow recess
sion began In the next hour and continued
until half the gain was lost by the final
Thirty minutes OF the session. Some i'm.
provement occurred Just before the gong
sounded, but the changes were very slight
In the net result May advanced g points,
June 2, January l and the balance Of the
list stood unchanged to points down.
New Orleans started 2 to lower on near
and down on far options. This made bot
tom prices for the day and slow advance
occurred very early. A decisive jump ap.
pcarcd in the next hour, followed by a
steady rise until the highest Of tae day was
touched 4 to , point decline was eSpc-
ricnced towards noon with slight i'm
/ proyement on that call, which formed the
level for the next hour. A constant, but
| slow, recession then began and extended
without recovery until the closing moments.
! ,-b,r ho..,, NJ -, ,,,.. ro,,z,d
w" Do''oiN p'i'es wy "''N''.
Der lost point. June and July did not
h. - - - .t- 49,, . o.,
ia" "Hu tHe o'".' op'''Hs "'"Pr'N ~
points. sales at the four American mar
kcfs amounted to 3gl7 bales Spot quota
49,, - 80, -, 80,
LIONS were raiSeu 80 AT Nc" 10TH anu i'i'
unaltered elsewhere.
The seward movement was Of moderate
volume Recalnts al nil norts for tho dar
-. o.oo -, -, -, "a 30, -
"e'e '''o "''es conpureu Win '-''o2 I''
the corresponding day Of last year Since
Friday they have been as 440 bales. com
=, 90, 49,, -. H.. t,-t
,wool od T ~ for tbn co,,rnsnondir,, tine
Of iast year e Ih US far IN the season I9f
4, son + "a for tho correspondinr time Of last
season. Exports since Friday have boon
5144o nales, conpareu Win WIN, 90 Lor th h
,,,,1.',s nntd,p.. In, az IA 60,
I>nited Stotes norts for tbc Jn,. 80 Sqg
So5 baIos connared ,yith ~ 40 for in
same dov ~ III ,rcot amd IA Soz fnr -
corresnoGdlnr dov Of Iost rnor '''
Nfobr G. E-ordoY, ,io~,,dri, t-r,,, ,o.
>'''''' ''' - ~ 10y
III recent letter fnccs OF contracts
fully good fair May delivery, sl2h Egyp
tian dollars. do 1901 S1ola 40 roccirts ~
r.oot. at ,o~a,iri, "a ooo -
Week az AIeAahlrla' lS'WD cant2rs lcantar
edins W p'usnsl. 20 lVl' 33tol %; re-
/ oantaass; 90 last year yea ", 5o5S,Is1 do; stock
i roo 000 DO, "a cInort9 tba .G l' sa,
America 1000 bales. do 1901. 400 do:
exports OF the week for England. 55o1
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08

Kansas City, MAY 7.-Cattle-Receipts
500 natives, 200 Texans, 80 calves; beef
steers and cows % higher; others strong.
choice export ara dressed beef steers 8. e
"a 80; fair TO good ). OO676. IS; stockers and
teeders 3. 0OG5 go; Western fed steers So
Texas COWS 2.75d5. rs; native cows ~
:. 90 rative heifers 3, 50d6 90; canners
z VV8Z 20; bulls 3.Ood5 so; calves a5Ti
500 Hogs-Receipts $500: market 5 10 "a
lower; heavy Z. l5d7 %; light 6. dOdT 90:
pigs 6-OOd7 60. Sheep-Receipts 5,;hO,
steady; Western lambs s. 75Gr7 10: nafive
wethers 8 40dG 90; Western wethers 1 7osf
.. 10; rev ewes Dd5.5o; Texas clipped
. 5O' stoekers and feeders 2 95a4 so. ~ y
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08
SALES AT KANSAS CITY,
Especial to The Post1

Stock Yards, Kansas City, Mo. Nav ?
Sales Of Texas and Territory cattle TODAY:
J. L. Bnrringer, Ada, l. r.. eighty.se
l0l5-pcrnd steers, 5.25; twenty four 925.
pound, 425; ]. w, Earles, Quapaw, /. T..
Oklahoma City, O. T., one hundred and
forty,three s14-pound 400; thirty cows
6s6pound, Bis; VIM. Chidress, Elcin, Kan
S S, forty, four 1854 pound. 565; sol MAYER.
Elgin, forty-three 1030-pound, 565.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08

National Stock Yards, ILL.,, May THE
tie were made today: d. r. FAINT, San An
tonic, Texas. 10SS pound bulls 3 10; ]. VI.
Chittim. Houston, Texas, 967 pound steers
100; w ID. Reynolds. Alice, Texas, $50
Emery & Son, Albany, Texas, 1880 pound
steers 3. 40 900 pound steers %; S47
pound steers 500 Four hundred Iexans
sold; market strong and 10c higher.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08
NEW ORLEANS.

o., New Orleans, May THE New Orleans
i've stock exchange reports: The market
IS Lightly supplied with all kinds OF good fc.
cattle. GOOD fat steers, fat cows and helfers
ana good fat calves, ruling active at stendy
prices. Good fat yearlings. firm; common N
1air stock in full supply weak and slow TO
sen, Good fat beef cattle in demand. Hogs
steady' market bare; good fat sheep steady
and in demand; market bare.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08
QUARANTINE CATTLE RECEIPTS

| 3. 5otde so; dressed beef and butcher steers
4 65m6 50; steers under 1000 pounds 4 GOA
and beifers , 25Si6 ~: Gamers / 5fSJo 10
bulls 3. 256i4 4O calves :. 0066. %; Texas
and Indian steers. fed 4. 35d6. 90; grassers
3. 4OdJ 30; cows and heifers . 55d14 -.
Hogs Receipts 400; market 10 lower; pigs
and lights 9, J0d6 IS; packers g. sod6 %:
butchers 6 SOAR 90 Sheep Receipts 200;
market Is lower: native muttons O0d5. -:
4 70; stockers z. OOt73 so
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08

Chicago, May. Cattle Receipts II 600.
a cI5ll I'VE lWql5 higher; good to prime steers
stockers and feeders .. 75dS So; CAVES !, n
a.. ~; Texas fed steers 3 2Jd6. ~ Hogs
Ihecelpis 10000: market 10 10 lower
Gcfd strong; mixed and butchers a ~
40: good to choice heavy 7 io6S5 81.
rough heavy s. soar %: Hight &. 6fs556 %.
pnlk OF sales 8. soar 90 Sheep Receipt I
i 49,. sheep weak 70 10 lower: lambs abont
sISauyl sood TO choice wethers 3 7sSo6 *
Iair to choice mixed s DOCS 60; Wes y,S9
sSneep D. 2Sd16 rs; native lambs 4 ING n,
Hocostern lambs 5.25Ge. 40; Colorado lambs
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08
SALES AT CALnmr11-

Caldwell Texas, May 7.-Reeves & Hale
yesterday closed a deal for $4,000 worth
OF cattle about 1900 head, now in Brazorla
I'd Reeves today bought from F. Kin,
ABOUT 200 head Of cattle, prlncipallv ftonE
cattle, e. 9lo.0O per aeaG. ''ock
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08
SUGAR.

New Orleans. May 7'-sas,sl,
open kettle 21sG73 3-1B; open ss:ii6k
fuFal 363lS: centrifugal yelien Viii
onds 3ls. Molasses cen p,r n
New York, May 7.--Sugar-n4s III
refining 8; centrifugal, 30 ie'r .T
ses sugar ga; refined STEADY
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08
NEW YORK EXCHAN,Ip
New Ynrk Mnnnu

New York May l. Money on call firm
a. 6dl5 per cent, closing offered at 10.
iilInt mercantile paper 4hm5A per cent.
Sterling exchange steady. with 1ctual busi
ness IN bankers bills at ST5sl14 s7a. for
demand. and at 4 S5Gi4 Sj1s for sixty days:
posted rates 4 SO and 4 $50: commercial
DUES = s4lzd4 s5@. Bar silver 513s Next
can dollars ia Government bonds steady:
state bonds inactive: railroad bonds weak
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08
S I s;:;: \: : 4! 4! 81
j. A. zIEGL Err, HousIll

3&@11Hd. West Australia 80
secured Sdd1s 215d; greasy 6A9lN
Zealand 1900 bales; secured "
greasy 4@1o1gd. Cape of Good BE-
Natal 700 bales; greasy 5A9stis
American $500; greasy 711sdelA
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08
London Elnanoial Cahle

New York, May Z The Commercial Ad
vertiscr's London special saws: Stocks were
quiet and cheerful. American stocks start
the report that money was nor cont IN
New York and that New York was a free
seller OF coalers
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08
London Consols.

London, MAY 7-Consols for money
va i9-l6; account 951s. Bar silver steady
~ l3-l6d per ounce; money 21gd2A per cont
Discount for short bills pa per cent. dis.
count for three months bills 2& per cent.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08
BUTTER AND EGGS.

changed.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08

MOVEMENT OF QUARANTINE CATTLE
Southern cattle receipts at three marke S
this year by weeks are as follows:
-. ~.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08

New Orleans. May Hog products
ltm PORK standard mess II 50. Lard
hv,nhed fierce Slk pure lard i0Js Boxed
meats Dry salt shoulders sL: Sides lou
Recon Clear rib sides i1S Hams-Choics
I agar cured l2%di3Ia. Coffee Rio oriI.
j5y 10 fair 63s6TSs ce-Steady: screen
ms 2A,@als. head 4ssi75: fancy head 5l56f6
Flour Extra fancy 2. 55Q3. 70: patents 4 az
a. TO- Cornmeal 2 rs. Bran 90 Hay
Urine 10. oodIB, 80: choice IL .5Odis On
corn-No. sacked white II; mixed 10
yellow toM oats-No. 2 sacked 81,
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08

81 sL Louis MAJ I-Cattle-Rees.pt. I'm,
strons; native shipping and export stssys
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08

Chicago, May -Butter-Strong; cream.
cry 2Oei23; dairies 1920, Cheese Stes,iy
- lal,- Eggs Steady: fresh l4%
Kansas City. May Eggss-Iower: No
white' wood cases included, IA per dozen
eases returned 1874
c-NNew lork. May L. Eggs-Receipts IA,
"a Southern at mark lS@15Is.
-; Louis, May Poultry Steady:
chickens '@aisi turkeys Z: ducks o. Geese
800 bntier Steady; creamery l7d23;
aalrf 1895 Eggs Steady IA.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08

Difference. 1880 J 4oo.22o 800.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08
METALS.

New York. May 1.-THE New YORK lead
n,arket was steadx<St alsc. London WAS
unchanged ~SaslSA steady at 40 ana
London I'D higher st fls 5s 81 English
gov at n2s % and Middlesboro AIS ria.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08

New York. May toaoe Spfsa Rio dull;
No. invoice 81 mia dull. cor So, slsGt
y. Futures close. Quiet and 9rhet q
changed, the bulls stepping IN "a tho ~ a
"a SnStcm prices, Total GALES were hnt
10" bags. December 545 and March 5gt'
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08
COTTON MARKET QUOTATIONS
Other Spot Markets

Memphis -. Steady o SIS ah 500
ST. Louis, Firm Oh e%
Other Spot Markets.
Galvcston-S Spots closed quiet and steady.
prices unchanged stock Ga, 792 bales.
low ord....ll3 MIdding 80. ole
Ordinary. ISIS Good mid 9l3.16
Good ord. ..,.S& Mid fair :. 10 3-l0
Low mid ..,..9 3-i6 Sales ........ none
New Oreaps-Snots closed steady prices
unchanged; stock 1881 bales.
Low ord,.....7 1916 Middling ,,.. 9Ss
Ordinary SS Good mid &C.. Q 1916
Low mid. .9l4 Sales ........38JO
New York Spots closed quiet, prices sc
mp; stocks 1917, 1Gl bales,
Good ord...,..sA Good. mid 10 l-l6
Low mid. ,9% Mid fair 10 Ole
Middliug. .9% Sales .,.-....267
Liverpool-Spots closed steady, prices
ll6d up; sales 1000 bales, OF which 60Oo
were American; speculation and export 800
bales; imports 1860 bales, OF which all
were American,
Ordinary. Az Mlddling 5 7,32
Good ord. AIS Good mid Is ll-32
Low mid. ,5M Mid fair .5ss
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08

auction Ra0n sai NAY to IThe offerings at the
bales good selection ~ cros o 1905
Nsseme9 NJ extreme rates. sales I, S 9aeens
Ne" 81 south Wales 2eoO bales; Secured de. eddi
1910 bales SEQ Secured sSd e 4ag I'd queensland
Sg{iVssd; Victoria 31Oo bales: sc ou, greasy
~ ~ greasy 4sals Al. sou1h u n Ilad
w" Oa'es' secured iihdeis 5ld australia srnaaa
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08

New Orleans. May 7--cottoh y
Prime refined in barrels HI
43l&; prime crude. loose s,s. 4 Az
Memphis, May 7.-Co ~ sesg
crude 3Sl5@39; off crude hon. .siicr
summer yellow AZ; o: summer ~
inal. Meal and cake-Prime
nominal.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08

Totals -. a.50s IS. $40 7.247. SOS G. SIS. $50
Last yesr IL les 55.7sl 6.S3s,5s2 ...,...
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08
m c. Tanner cid New
G4LvESToN STOCK
COTTON SEED PRODUCE

F. o. B. mill Texas interior By st
cordlng to location. sIss
Prime crude oil, loose, 80. SS5
Prime summer yellow oil ssT
Linters, according to quality WE M
~ -, $500 4
bb.u luis, loose ' .:,a .,oai q % Z
Prime cotton seed cake. 80. - y - =
Quotations on prime cotton a.
aid prime cotton seed cake arg y (
at Galveston.
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08
TRADE WAS INDEClSIyE.
SMALL ORDERS GAUGED PRICES.
Bulls and Bears Either Seemed to Have
the Victory at Times-"shor.s'
Sold Freely.
AT THE CLOSE,

Liverpool, t-2 to 6 ~ points higher.
New York. 6 points up to 2 points
down.
New Orleans, unchanged to points
down.
SPOTS:
Liverpool, 1-t6d higher.
New York t-Se higher.
Elsewhere, unchanged
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08
HIDES AND WOOL.

s.; L9uis; May wool-Firm. meo,nu,
SAY t r1SI Masbs lig9t fne 129i5 heavy tine
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08

Comparative Spot Markets.
Quotations for middiinT at other spot
markets. together with sales:
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08
MARINE INTELLIGENG

PORT OF GALVESTON, Mn
Arrived.
SIS Comal (Am.) New York.
Cleared.
SIS Uto (Nor.) Havana.
SIS Lampasas (Am.) New YORK
Sailed.
SIS Uto (Nor.) Havana.
SIS Lampasas (Am,) New XofL 4
The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1902-05-08
Houston Spot Market.

Houston-Spots closed steady, prices IN
changed; stock 30.596 bales; sales none.
The mirror. (Stillwater, Minn.) 1894-1925, 1902-12-25

miles to the railroad. There we
took the train for Trinidad, and
Kane meeting some mining ex-
perts engaged to lead prospect
ing party into the San Juan coun-
try. | went along and during the
excitement that followed the dis
covery of rich gold in the San
Juan we both lost interest in our
claim in the Rabbit Ear range.
PENDENNIs
The mirror. (Stillwater, Minn.) 1894-1925, 1902-12-25

wealth Of his dreams ID his in
tangible reality. It is right here
that he falls down. fer z prospec-
tors Judgments VIGOROUSLY poor.
No mattes how keen he may be in
following Indications or how much
experience he may have, he can't
tell a good mine when the proofs
are in sight. He will make all
sorts of extravagant claims before
a pick has been struck, but as
soon as he has developed his find
sufficiently to prove to all the
world that he has struck it rich
his interest begins to wane and in
his Imagination he can see the
mine peter out a few feet further
in the vein So he sells out to the
first conner who is sane enough to
believe the evidence of his eyes
and the assay Office.
The more successful he is as a
prospector the quicker he is to
sell a really good mine and spend
the proceeds on worthless one.
This may seem exaggeration, but
it is cold fact and you may meet
such men on every side in the
mining country. He will have
some worthless hole in the ground
in some inaccessible region around
which his Imagination has woven
the widest Of dreams which are
not backed by his practical knowl-
edge. This hole (you can't call it
a mine) he will call the Diana or
Marcellus, in honor Of some gold
en- haired fairy he has met in
dreamland or in the Gaiety in
Spokane, and around this pros
pect will cluster his fondest hopes.
When down on his luck he will
walk hundreds of miles if neces-
sary to do the development work
required each year by law, in order
to hold it, for he will always be-
lieve that some one will try and
jump his claim.
When necessity calls him away
he may perhaps locate real
Bonanza. Should this be the case
he will promptly dispose Of the
reality and with men and money
he will hurry back to the Diana
and cheerfuliy sink his wealth.
The Diana is his life. his only
luxury; it is supposed that he
looks upon it, or her, as an eastern
millionaire looks upon his steam
yacht, and if through any freak Of
Nature the Diana should COM
mence to pay (which is rarely the
case) he will sell it as quickly as
the millionaire would drop yacht
ing should that sport ever become
profitable.
Mining is like horse racing, the
beginner at the game and woman
always win, because they will play
the horse whose name strikes the
fancy, or who is ridden by a red
headed jockey. But after one
knows the horses, their pedigrees
and past performances, one can't
place winning bet So it is with
mining. The tenderfoot gets the
money. w. II. e.