davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-02-01
GRAIN AND PROVISIONS.

Chicago, Jan. S1-Wheat was dull
and prices were confined within a mar
row range. The feature of the day
was the selling OF July and buying of
May by commission houses supposed
to have been acting for the leader OF
the longs. The opening was lower on
weak cables and favorable weather
throughout the winter wheat belt, May
being hG2sc to 1z65sc lower at &c to
77Ac. There was some selling early
by discouraged longs TO &c, but later
a better support developed on buying
by commission houses and the market
became quite strong, May selling uT
to 77%c. The close was firm with May
a shade lower at TIC. A fair de-
mand was a strengthening factor late
in the day.
Corn was quiet and after a little
weakness early a frmer feeling devel-
Oped. The close was firm with May {
shade lower at 44A @447sc.
Oats were neglected, but in the alb
sence of any selling pressure prices
ruled firm. The close was steady witt
May unchanged at 36i4c
Provisions we're dull and steady
There was no important trade either
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-02-01
MINING STOCK EXCHANGE.
Resume of What Bulls ana Bears
Have Done During the Month.

The week and month on the mining
stock exchange closed yesterday with
a single call, at which total of 3D.
765 shares of stock, with a selling value
of 81, 1851. changed hands. The bust
ness for the month. and particularly
the last week of it, was light. During
the six days 190,367 shares sold for
$l1S 966.3S, while the totals for the en-
tire month were only 779.S50 shares and
1922 1888.
Generally speaking. the market price
of stocks during the month has been
sagging. In some instances sharp de-
clines have occurred, in others advances
have been made. but the average pre-
vailing on the first of the year has not
been maintained. The physical condi
ton of the properties representing the
various stocks has not been responsible
for the declines. and neither can it b.
attributed TO the market price OF the
metals as they are all commanding as
much or more than they were thirty
days ago. It is believed that the mix
up of the powers at Venezuela has
made the investor and speculator tight
somewhat shy of the market, and until
the threatening storm in that direction
has passed a real improvement is not
expected.
Professional traders are taking ad-
vantage of the low prices, however,
knowing full well that a reaction will
come sooner or later and that they will
| then reap their reward.
Ajax was TO be had at close to 25c
at the beginning of the year. During
the month is passed the 30c mark, and
closes with sales at &c. Carisa has fall
/ len about &c. from 1Sc, and Consolidat-
/ ed Mercur has been up and down be-
| tween SO and $1.75. with final trans
/ fer at $1-69s4-
( Daily has been the star performer of
4 the month. At the beginning 1t stood
at S1-25 bid, 81 asked. The discovery
of ore in the new shaft going down on
! the south end of its property, at no
! great distance over the end lines from
\ the Quincy, caused the price to shoot
J up over the 81 mark inside of a week
From that it has eased off until now ii
/ is possible to buy it at about 1870
| Daly-Judge has moved up from SO to
about $10.35, and closes strong around
the latter figure.
! DAILY West has not Jared so we'll the
| price having receded from 81 to less
S3s. 80 yesterday. The damage to its
Quincy hoist a few days ago checked
| the strength il was beginning TO show
but with the marvellous record it is
| making as a producer, ii seems impos-
sible that It can be held down to pres
ent prices very long
Lower Mammoth, in the face of the
fact that the company is now out Of
debt and the mine workings constantly
/ showing up more ore, has decline.
steadily from about zoe to SEC. Nam
moth is also off, without anything al
the mine to warrant it. At the begin
ming of the month it was selling al
$1.90. Yesterday it was offered at S1.65
May Day, at 151zc is off nearly &c Z
share, while Martha Washington, with
the assessment paid, is stronger at 4ssS
bid.
Grand Central has been firm AROUND
$5.25, and California has moved u
from 25c 10 &c. Century has hung yer,
close to the 90e notch all month. Will,
Sacramento has gone or nearly &C, Il
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-02-01
Mining Notes.

The Columbia of Bingham reached the
market yesterday with a car of high-
grade copper ore.
The Taylor & Brunton sampler was yes
terday in receipt of seven cars of ore
from Tintic and one from Bingham
Managing Director A. F. Holden of the
United States company spent yesterday
at the company's big smelling works.
Checks with which to pay the Sacra-
mento dividend of 5000. due today, were
being made out at the company's offices
Yesterday.
c. /. Hanson of the California-Tono-
pah company, who came in from the west
on Thursday. pulled out for Chicago and
the east yesterday.
DR.. Franklin and the party of eastern
operators who accompanied him are
scheduled to return from their trip to
the Blackbird properties in Beaver coun-
~ tomorrow.
The remodeling of the old Pioneer sam
pier at Sandy will begin tomorrow morn
j. 3. Jensen expects to have the plant
ready to begin business.
During the month OF January the High
land Boy smelter forwarded to the east
ern refineries eighteen carloads of copper
gold bullion. The different consignments
aggregated 100000 pounds,
Secretary VIII 9. Lamb of the Silver
King company is down from camp for q
few DAYS recreation and rest. Unless
summoned back sooner he viii remain
ever until Tuesday morning.
President A. =. Lewis of the Majestic
has gone down TO Beaver county to note
the progress of developments at the va
rious properties of the company. He will
return tomorrow morning 10 resume his
legislative duties
Word w5s received yesterday from til.
Dewey property in the Deep Creek coun
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-02-01
surplus, s27. SSO. sos; increase. 81

Surplus. s27.SSO. sos; increase, 81
465. 500.
Ex-United States deposits, So, 923, 10;
increase. s1.464. s25-
The Financier says: Despite the in
crease Of almost $4,000. 600 in deposits,
the reserve OF the clearing house banks
of New York City increased 81, 465,SO0
last week This rise in the face OF the
unusually heavy expansion in the de-
post item was due, Of course, 10 the
fact that the flow Of money from the
interior continues in almost undated
volume. As interest rates have been
declining rapidly il was anticipated
that the impetus given TO the return
Of money to New York from other
points might be somewhat checked, but
the retursn fail to show that this de-
cline as yet has had any influence on
the situation The principal feature Of
the current statement is the increase
of. 81. 062, 500 in loans, due to large cor
poration borrowings which have been
pending for some time. The loans Tor
the most part are tFaceable 10 Two or
three of the largest banks, as is also
the gain in cash. The two banks re-
port an increase of over 100000 in
specie which is more than the gain re-
ported by all the banks. So in de-
posits the principal expansion was
caused by the operations of few Wall
street institutions of note
While doubt is expressed as TO the
continued maintenance of much idle
cash reserve over a considerable length
Of tine. it is yet true that the pres
eut reserves of the banks are at Z
higher level than for many months
past. while the excess reserve is alsC
bove that reported at the end of any
week for year. With these facts II
evidence il is surprising that rate.
should have declined as sharply, anC
a dull, stock market does not mark To-
a different situation.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-02-01
COMPETITION IN
ORE MARKET
United States co. Establishes
Ore Purchasing Department.
T. R. JONES AS MANAGER
ERNEST GoDBE A BELIEVER IN
PARK VALLEY.

An announcement has just been made
by the management of the United
States Mining company that viii fur
Their tend to gladden. the hearts Of pro-
ducers of silicious ores. 1t is that, COM
mencing tomorrow, the smelling
branch of the company viii enter the
market as a competitor for such ores
as can be treated at the furnaces Of
the new 1,0O0-ton plant. To that end
an purchasing department, with 7.
r. Jones. the father of the smelling
industry in this state, as manager,
will be opened and conducted with the
same attention to detail as is any other
branch OF the business.
This move on the part of the United
States company has been in contem-
plation from the beginning, and now
that the plant has had all the rough
edges, so to speak, worn off, it is ready
to begin the treatment of all the ore
that it was designed to handle. the
state is productive of a great amount
of ore peculiarly adapted for combina-
tion with the ores produced by the
company's mines, and as the smelter
is being conducted as a money making
institution, the company will go after
everything in sight that promises
profit.
With 7. r. Jones at the helm, the
producer win recognize in a moment
that the company has selected the
man of all men in this region capable
of holding his own with the best fig
urers in the market, and if he does
not pull his share of the business 1t
will be because the producer is Will
ing 20 be held up" He knows every
detail of the business from start to
finish: he knows as probably no other
man in the state knows, just what II
is worth to handle ton of any kind
of ore and that he will give the other
ore buyers a swift run for their
money goes without saying.
There are now four institutions in
this state bidding for the character OF
ores mentioned, namely: The American
Smelling & Refining company, the
Bingham Consolidated, knight & War
mock representing eastern reduction
works., and the United States COM
pany. With such formidable compe-
titiOn in the field the producer should
and most likely will, receive the best
treatment he has been accorded IN
yea~S.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-02-01
THE UTAH's FINE RECORD.
Making Good Money and Opening
Mine at Depth as Well.

Notwithstanding the wagon haul of
ninety miles TO Toano, the Utah COM
pany, operating at Fish Springs. Deep
Creek. is making as enviable record for
production these days, and the $1,000
monthly dividend, which has become
a standing order with the manage
rnent. is a great deal more tnan being
earned. Only yesterday Secretary
Weller took down a check for s., 129 in
payment of the last car of ore deliv-
cred to the smelter. performance that
has become of weekly occurrence.
At the mine he reports everything to
be moving with clock-work precision,
while the shaft is being sent down for
the 1000 level with the utmost dis
patch. The sinking pump recently in
stalled is doing its work like a vet
eran, and while the mine is so remote
from the railroad and the machinery
market, the fact is counted by the
management as extremely fortunate.
The Utah promises to break all rec
Ords for output and net earnings dur
ing the present year.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-02-01

try that eighteen inches of fine ore was
exposed in the shaft recently started,
with every indication of its widening as
depth was attained
George Fetterman, the well known De
Lamar merchant and mining operator, is
up from camp. and report has il that an
other powerful corpora ton is beng
shaped up to operate south of the Bam-
berger syndicate's mines.
Superintendent c. T. Mixer OF the Gre
ole was down from the Park yesterday
He reports sinking steadily progressing
in the shaft. The third shift was put on
yesterday and he expects 10 reach the
5o0-foot level before the snow has disap-
peared in the spring.
1t is expected that when the directors
of the MAY Day convene in regular
monthly session tomorrow they will levy
an assessment of cents a share. which
viii bring into the treasury $4,000. The
delay in getting the mill down TO business
has seriously interfered with the opera
ton of the mine
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-02-01
THE VALUE OF CHARCOAL.
Few People Know How Useful Tt Is
In Preserving Health and Beauty.

Nearly everybody knows that char
coal is the safest and most efficient dis
infectant and purifier in nature. but
few realize its value when taken into
the human system for the same cleans
ing purpose.
Charcoal is a remedy that the more
you take of it the better; it is not a
drug at all, but simply absorbs the
gases and impurities always present in
the stomach and intestines and carries
them out of the system.
Charcoal sWeetens the breath after
smoking, drinking, or after eating on
ions and other odOTouS vegetables.
Charcoal effectually clears and i'm
proves the complexion, it whitens the
teeth and further acts as natural and
eminently safe cathartic.
It absOrbs the injurious gases which
| collect in the stomach and bowels; it
disinfects the mouth and throat from
! the poison of catarrh.
All druggists sell charcoal in one
! form or another. but probably the best
| charcoal and the most for the money
/ is in Stuart's Absorbent LoZenges; they
are composed of the finest powdered
| willow charcoal and other harmless
antiseptics in tablet form, or, rather
in the form of large, pleasant tasting
| lozenges, the charcoal being mixed with
| honey.
The daily use of these Iozenges will
soon tell in a mach improved condition
! of the general health, better complex
| ion. sweeter breath, and purer blood
and the beauty of it is that no possible
harm can result from their continued
use, but. on the contrary, great benefit
A Buffalo physician, in speaking OF
| the benefits of charcoal, says: Il adj
wise Stuart's Absorbent LOZeEges to al
patients suffering from gas in stomach
! and bowels, and TO clear the complex
/ ion and purify the breath. mouth and
| throat 1 also believe the liver /.
| greatly benefited by the daily use o.
them; they cost but % cents a box a
drug stores. and although in som,
sense a patent preparation, yet I be
lieve L get more and better charcoal il
Stuart's Absorbent Lozenges than il
any of the ordinary charcoal tablets
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-02-01
New York Mining Stocks.
Boston Mining Stocks.
Ore and Bullion.

Ore and bullion settlements in this
city during the month just closed came
so close to the 81, 00O, 900 mark that the
difference is hardly worth considering.
They amounted to 81 ,943, 310, and could
the ores sent out of the state and set
tied for elsewhere be included there is
no doubt that the figures first named
would fail to cover the business. The
past weeks settlements were the
highest of the month, Mccormick &,
Co. reporting them at 1917 300, yester-
days proportion being 1900 as fol-
lows: Silver, lead. gold and copper
ores, SIS, 200; base bullion, $22, 800.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-02-01
FRANKLIN FARRELL LOSES.
His Process of Converting Copper
Matte Not Original.

Helena, Mont, Jan. 31.-Judge
Knowles in the United States court to-
day decided that the Pierre Manhes
process of converting commercial cop
per from copper matte, which was as
signed to Franklin Farrell and the late
Achille Z. Migeon, was in all respects
similar TO the Bessemer process Of
converting iron into steel and that the
Boston & Montana company, against
which suit was brought to recover for
infringement of patent had a right to
use process. Farrell and Migeon
claimed a royalty of 50 a ton on all
copper matte treated by the process
since il was patented in 1892. All cop
per produced in the United States is
converted by Manhes' patent, and it is
estimated that the amount involved, if
damages could be collected for all cop
per so reduced in this country would
be in the neighborhoOd of $1,000 900.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-02-01
Would NOT insure HIN
Insurance Companies Refused
TO Insure the Rev. J. w.
YeiSley Because He
Had Kidney
Trouble.

This case is but one Of thousands
where the head Of the house was re-
fused insurance, because he had kid
ney trouble Mr.. Yeisley had given up
in despair when some friend recon-
mended DR.. David Kennedy's Favorite
Remedy and it cured him.
Mr.. Yeisley writes;
My kidneys and liver were in
bad condition and I was anxious
for relief. I had tried many RENE
dies without success, and when
bought a bottle of 'Favorite Rem
edy, il was with but little faith in
its ever helping me, but ii a short
time it effectively proved its merit
Perhaps the best proof I can give
that it has completely cured me is
to state that have since been &C
cepted by four different life inSur-
ance companies
The Rev. Mt. YeisIey is the pastor Of
the First Reformed Church Of ST. Paris,
o., and is as well the editor Of the St.
Paris Dispatch.
There is no question that DR.. David
Kennedy's FavOrite Remedy is the best
and surest medicine in the world for
diseases of the kidneys, liver, bladder
ard blood. rheumatism. dyspepsia and
chronic constipation, as we'll as the
weaknesses peculiar to women. II
quickly relieves and cures inability TO
hold urine and the necessity of getting
Up a number of times during the night
It puts an end to that scalding pain
when passing urine and cOrrects the
bad effects of whisky and beer All
druggists sell Dr. David Kennedy 5
Favorite Remedy in the NEW 80 CENT
SIZE and the regular $1-00 size bot
ties
Sample bottIe-enough for triaI-frea
by mail. DR.. David Kennedy Corpora
ton. Rondout. n. Y
DR.. David Kennedy's Magic Eve
SalYe for al diseases or inaarnr,a+inn
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-02-01
Coffee and Sugar

New York. Jan. 31-Coffee-Spot Rio,
quiet; No. invoice, SIC; mild, easy; Cor
dova, 7d112c.
Coffee futures closed steady. net un-
changed to 5 points higher. Sales, . 900
bags, including March, $3.50; April. $40:
May, $4.45; June, A-55; July, $40; Sept,
$3.50.
Sugar-PaW nominal; fair refining,
SIC: centrifugal 96-test, 8 I1-16c: molasses
sugar. Sc; refined. dull. No. s. $4.33; No.
Z, $40; No. s, s425; No. 9, $3.50; No. 10,
$500: No. Il. s3-95; confectioners' A $3.50:
mould \. 500; cut loaf. S5-S5; crushed,
S5-S5; powdered, $.S5; graduated. $40;
cubes, $500
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-02-01
Metal Markets.

New York, Jan. 31--Nothing of feature
occurred in the metal markets today.
prices ruling unchanged with business Of
the regular Saturday dullness. Tin was
barely steady. spot quoted at 2S.15dZ910-
COpper-Dun and nominal, unchanged
STANDARD. u 90: lake. u. 45d12-75: electricity
tic. 12.45612 s.; casting. 12.25G12-50
Lead-Quiet at A12iz for spot.
Spelter quiet at 4.s0d5-00
Iron steady and unchanged.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-02-01
Yesterdays Sales.

Ajax. 500d27c.
Consolidated Mercur. 5OOds1 694: 1000
$40: 100d$l6934; 10qSl.6912. Total, no
shares.
Daly-Judge, 1O0qS10321z 4o0qs1O.30.
Total 500 shares.
Uncle Sam 1.OO06241kc-
Ben Butler. 2OO0G6Ssc; 1,000G61zc; 5000
SIC. Total. $500 shares.
California, 500d27c, seller so; 1,500q2Tc,
seller 60: 3O00d27c. Total, 5000 shares.
Little Chief, 1,755d5lzc-
New York. 5OOal65sc; 1,5OOq1614c. Total.
1000 shares.
Victor, 2,3001201zc.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-02-01
Open Board.

100 Consolidated Mercur at $1.697s.
100 Consolidated Mercur at $1.69%.
200 Grand Central at $500.
100 Grand Central at $3.50, buyer 60
800 Sacramento at &c.
800 New York at 1870.
500 New York at 1634c.
1.0Oe Victor at 2G15c.
200 Wabash at 26Ac.
Total open board, 5000 shares.
Shares sold, %, 765.
Selling value 81, 1851.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-02-01
Money Market,

New York, Jan 31--Close: Sterling ex-
change firm with actual business in bank
ers' BILL at 4.S6SI5a4.SI for demand, and
at 4S3T5d4S4 for sixty-day bills Posted
rates. ASH and 4.S712G4SS. Commercial
bills. 4S27sGGA S37s-
Bar silver. 47ss-
Mexican dollars. S1l2.
Government bonds, steady; railroad
bonds steady.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-02-01
TRAYLOR AND GASKILL
Ex0RERATED BY JURY

Ely. New, Jan. 31.-A grand jury
called by Judge Brown to investigate
the tragedy which occurred on Jan.
Z. in which three men were killed and
two wounded, closed its session today.
Mine Managers Traylor and Gaskill
were exonerated, but two indictments
were brought in against William Lloyd,
president of the miners union, who
is charged with having concocted a
scheme for getting rid of Traylor,
either by kidnapping him or taking his
life.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-02-01
SUB.TREASURY AFIRE.
Blaze Quickly Extinguished and the
Damage Slight.

Damage Shght-
New York, jan 31.-Fire was dis
covered in the upper floor of the assay
Office in the sub-treasury shortly be-
fore l o'clock.
The fire started in a lavatory on the
second floor and probably had been
smoldering for some minutes before dis
covered. A clerk in a banking Office
opposite the building saw flames break
ing through the cornice and notified a
policeman, who sent in an alarm. An
extra squad of police and detectives
surrounded the building and the doors
of the sub-treasury were closed.
AS soon as the alarm was given the
safes containing about SSO,O0O,CO0, were
locked, and all the loose cash was
gathered up and rushed into safes and
locked up. The books were also taken
to places of safety. At l O'Clock the
firemen had extinguished the flames
but the charred wood was still smok-
ing.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-02-01
CLUBBING ON CHANGE.
Governors Adopt New Rules That
Will Be Submitted Tomorrow.

The governing board of the mining
exchange met again yesterday after
noon and. as it was previously an
nounced they would do, the matter of
removing the restrictions on eurbing
was taken up and decided. The new
rules were adopted, subject to the APP
prevail of the exchange, to which they
will be submitted tomorrow, in the
manner explicitly stated in the follow
ing resolutions:
Resolved. That all rules heretofore
adopted by the Salt Lake Stock G. Min
ing exchange restraining or prohibit
ing the curbing of stocks between
members of the exchange be and are
hereby repealed; and be it further
Resolved, That beginning on Mon
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-02-01
The Bank statement.

New York, Jan. Sl.-The weekly
statement of the averages of the as
ISOLATED banks shows:
Loans. $s04.51O. 700; increase, s14,-
062, 600
Deposits, 1891. rs. 500: increase. s1S.-
$50, 500.
Circulation. s45.1S4.sOO; decrease
So. 500.
Legal tenders. s7S,15s.5Oo; increase
sos, 800.
specie. s1S2s72. 600: increase. S.,
sos, 600.
Reserve. $3.50. s25.5oO; increase. So
207. 800.
Reserve required. :2s2. 44.7z5. in
crease. s4.T41. ZOO.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-02-01
Treasury Statement.

Washington. Jan. 31.-TOday's statement
of the treasury balances shows. Avail
able cash balance, $2l6, 0S2, SIS; gold. S97,-
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-02-01
Metal Market.

Silver, 473sc per ounce.
Copper, 1890 per pound; New York,
S11.45 to $11.65 per 100 pounds.
Lead, $3.50 per 100 pounds.