davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-30
CARBONATE ORE APPEARING.
Report From Odin at Park CITY Indf-
Gates Cutting of Second Vein.

A report from the Odin company prop-
erty at Park City Monday night brought
the information that the face of the TIM
the cOmpany's ground A nice streak of
carbonate ore had just made its aDDear-
anCe, and the ground was getting softer
q condition that could not mean anv-
thing other than that a ledge was be
ing reached. As the face Of the tunnel
Is also at a point where estimates sug-
gested the ledge ought to make its an
pearance, every shifts work is now being
counted upon to break through the wall
rock and lay bare the character of the
VEN filling at the point of entry
In the meantime DEVELOPMENTS i'm the
Ilfst ledge encountered are progressing a
usual, and COnsidera bic ore is being aI-er
out as the work progresses though no
attempt IS being made to sort It, as would
be the case If stopping was under way.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-30
Wool Markets.

Boston, May 29.-The wool market is
dull. though with a better tone in evil
dence. Most of the trading is in the ma
ture Of cleaning up sales, and generally
of small lots
Great interest is centered in the west
ern primary markets Some sales Of for
eign woods have taken place, these being
in fine merinOs and cross breds. Pulled
woods are in fair call, A SuperS moving
steadily at 6llJ64: b supers sell at 5000
Both old and new territories stock is
being bought Territory quotations fol-
low:
Idaho-FGne, 22622; heavy fine, 1920
fine medium. 22GZ3; medium, 26q27; low
medium, 2603I.
Wyoming-Fine, 216D22; heavy fine 1920;
fine medium. 22G23; medium, 26d27; low
medium, 26d27.
Utah and Nevada-FiHe, 22d23; heavy
fine. 1920; fine medium, Eggs; medium,
26Q27; low medium, 26lT2.
MOntana-Fine choice, 24d25; fine aver
age, 23024; fine medium choice, AG25;
average, 2Sd24; staple, 27G2S; medium
choice, 21N2S.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-30
GRAIN AND PROVISIONS.

Chicago, May 29--FavOrable weather
for harvesting in the southwest induced
renewed prOnt-taking in the local wheat
market and caused a weak feeling. At
the close wheat for July delivery was
down "a Corn was up Ssa1z oats showed
d gain of 54lG@s Provisions were d shade
to D cents lower
Sentiment in the wheat pit was bearish
all day and local longs were free sellers.
AT the opening the market was affected
by reports that harvesting was under
way IN Texas under favorable auspices,
ana the clearing weather in the spring
wheat territory also encouraged selling.
As trading progressed the May delivery
was subjected TO heavy SslHng pressure.
many local longs being apparently UNI
wiling to retain their noluugs over the
holiday Of tomorrow This caused a sharp
break in the pT1Ce of May, which affect
ed the more distant deliveries In add
ton several reports were received telling
of favorable progress by the new crop
The chief of these stated that the crop
in southern Kansas and Oklahoma was
practically made and promised to be the
largest in several years. A number of
buIIlSh reports received sCdnt COnS1deTd-
ton. During the last hour there was
considerable covering by shorts who were
influenced largely by the strength shown
by the prices OF coarse grain and lib
eral decrease in the words visible sup
ply. Prices rallied somewhat from the
low point but the close was weak. July
opened a shade to 5s6tj4 lower, at S31sQ
S5la. sold off to g anu CiOSed at S2l2IJ629s-
lEdUlIlB III the corn Dit ana the market
was strong for the greater part of the
day. Some weakness was shown during
the first half hour because Of the break
in wheat, but sentiment soon became
buIlish, following active covering by
prominent shorts. Commission houses
were good buyers and offerings were
scarce Local receipts were smaller than
had been expected and SOME damage re-
ports were the main reasons for the lively
demand. The market closed strong. July
opened a shade lower to a shade higher,
at 1875 d4S1z. sold off to 4814 and advanced
10 49, The close was at 4SH- Local re-
ceipts were $50 cars, with 40 Of contract
grade.
Because of numerous reports of damage
by drought, there was an active demand
tor oats tor the better part of the day.
Shorts and commission houses were the
best buyers, and selling was chiefly by
longs The greater part of the trading
was in the September delivery. July
opened unchanged to SHADE lower, at
55ss to 1873 q 35$l, sold up to ia ana closed
at 81. Local receipts were lS7 cars.
Provisions were inclined to be weak
because OF selling by small packers, who
were influenced by liberal receipts of live
hogs at the CnieI western packing cen
ters- At the close July pork was off
cents, at 1875; lard was down ~ cents,
at SIS; ribs were shade lower, at
y4.I1I9.
The leading futures ranged ss follows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-30
Financial and Commercial

the Colorado river. has the earmarks of
turning out well. The quartz lodges ar
strong and well defined, and the usual
crOss-fissuring that is found so pro-
nOunced in most Of the prominent camps
is remarkably plain. If the ores will car
~ even so a ton. instead of the sensa-
uonal values attributed to many of them,
all kinds Of money can be made in min
ing there
Mr.. Joseph got track Of another propo-
sitiOn while in Los Angeles that sounded
all right to him. and if the investiga-
tons Of Mr.. Hoffman show that the prop
oslt1On is as represented by the owner
the contract that has been Professionally
entered into with him will be carried out
and the ground viii be operated
The Good Springs country, Mr.. Joseph
states. is now moving to the front at
a great rate The smelter crowd has just
gone into camp with Contractor Joseph
DederlCh, and the Uuderst, Iding now is
that the work of building the plant will
be proceeded with.
From the HOOSier property which IS be
ing operated Oy the syndicate of Salt
Lakers Of which Mr.. Joseph is a mem
Der carload Of fine lead ore is now on
The way TO market, and another carload
IS being delivered at the railroad loading
station The HOOsier has made some ship
ments before and from the manner in
which the ground is opening up there is
reason to believe that it Will continue to
make regular shipments from. now on
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-30
EXAMINATION OF THE OHIO.
1t Is Being Done for the Company,
Not for Outside Interests.

The report that the Ohio Copper COM
pany s property i being examined i'm the
interests of the Bingham Consolidated or
the Coram syndicate is characterized by
an official of the Ohio company as be
ing without foundation in fact The mine
IS being examined by expert engineers
at the solicitation of and for the Ohio
copper company. their findings it is I'M
oerstOod- to determine largely upon what
INES the future development of the ground
viii be carried on.
WITHIN a year different companies and
INDIVIDUALS nave had a whaCk at the Ohio
and as all the schemes that were Matched
options given and deals negotiated finally
Ieil through the company has, as far as
can be learned determined to do some
exporting on its own account so that
IN case new oVertUres are made or extcu-
SlNe new work is mapped out, the com
pdHy viii have behind it the opirfcns Of
men expert i'm their profession bearing up
on the value of the mine and its physical
possibilities
Since late pending deals went by the
board there has been a lurking suspicion
on the part Of the Ohio management it
IS thought. that reasons other than those
having TO do with the physical condi-
uOn Of the mines We're responsible for
nothing having been done. After the pres
ent examination has been concluded and
report submitted. the Ohio company will
Know better where d. is at
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-30
WALL Street
DEADLY DULL
Absolute Stagnation at Times
Owing Mainly to the Me-
mortal Holiday.
SLUGGISH PRICE MOVEMENT
READING STILL THE PRINCIPAL
FEATURE.

New York. May 29.-Lacking Yesterday
one-hOur squirt Of activity at the opening.
tOday's stock market sank to midsum-
mer duIiuess of dealings. Absolute stag
nation ruled at times and the sluggish
current Of prices was barely perceptibIe
The interruption of tomorrow's holiday
was partly accountable for the extremely
lansuid interest in the market. The pay
ment Of the S50.OOO.OO0 of PennsvIvania
ItoJeS caused no disturbance in the money
market as the transaction was largely
concluded by the transfer of book ac-
counts and the funds remain on deposit
ever, after the holiday interval. prepsra-
uohS VIII be made for the monthly &C
counts and these Will be complicated by
Jne payment of subscriptions for new
CnlcdgO x Northwestern stock which will
call Tor some S16,267,O00. The most i'm
portant development of the day was the
transfer by telegraph from San Francis
co OF nearly y3,000,G00 This is the first
substantial evidence Of the fulfilIment of
the generally INDUCED hope that currency
would be RENTED to New York imue-
diately from the center when the resump-
ton of banking had demonstrated the
calls from depOsitOrs
\ loan of a million dollars was reported
10 have been made also at the stock OK
change for account of one Of the San
garded as further convincing evidence Of
the relaxation OF the strain on the money
situation at that point. But this deveI-
opment was of less influence on sentf-
ment than it would have been had not
the rates for time money and especially
for the longer periods shown an advanC-
ing tendency. With money over the END
of the year quoted at 514G51z per cent
there IS a lack of confidence in the per-
manency of ease in money for day-tO-dav
borrowings The firmness of time loans
IS indicated rather by Iessened offerings
than by Increased demand. There is prac-
tlcaily 100 demand for loans maturing dur
ing the usual autumn period of interior
demand for currency. the inference be-
ing that borrowers are disinclined to run
the risk Of having to find new accOmmO-
datiOn at that period. IT is expected.
however. that after June I there viii be
cheaper rates for money. especially for
call and short time loans
Prices were very well maintained TODAY
IN spite of the light demand. This was
largely due TO sympathy with one or two
stocks which were bid uD at different
times Reading was still the principal
day there was d desultory movement in
St. Paul which was associated with
favorable view of crop prospects. The
heavy iurOads upon Readings net earn
ings for April as a result Of the shut
down Of the coal mines did not detract
from the strength of that stock. A gen
eTal tendency had developed. however
when the late movement Of ST. Paul
supplied the sustaining influence filled
by Reading in the early part of the day.
The late advances were well maintained
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-30

higher Heavy, sZ71z95 g; mixed, a271A9
$50; light. 6-25q6-So; pigs, 5.O096.0 90; bulk OF
sales, 6.271kd630.
sheep Receipts. $500; steady Year
hngs, 5-60d6-25; wethers, 540d6.Oo; ewes,
4.75d5.75; lambs, 6-25d6S5
Chicago. May 29.-Cattle-Recefpts 5000;
steady. Beeves. 5.10Q5.9o; COWS and heif-
eTs, ltOQ0.67; stOckers and feeders, asa
ASV; Texans, A00d4.60; calves, 5.35G6 50.
HOgs-Receipts, 22Oo0: market slow and
steady; estimated tomorrow, 5000. Mixed
and butchers. 620d650; good heavy, 500
$50; rough heavy. 6-20d6-30; light 62OQ
6-4I12; pigs, 5.fGq6-20; bulk OF sales, 640dA
6.45.
Sheep Receipts. 10000: market strong.
Sheep, 475d6.25; lambs 5.4Gd6, 20.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-30

loss of the previous day. with spot and
futures both quoted at Els IS. The local
market was firm in consequence and
closed at 40.50d4f00.
Copper advanced los in London, to ESQ
15s for spot and eS5 IS Sd for futures. LO-
cally the market was unchanged, with
lake quoted at 1S.75d19.00: eleCtrolytic at
1S-37lzG1S.75: casting. Is. 25G31S 371z.
Lead was unchanged at 5.7565.96 in the
local market In London It was shade
lower. at SIC lbs
Speter was unchanged, at 227 los, in
London. and at 5.S5G5. 95 locally.
Iron was higher in the English market.
with standard foundry quoted at 49s Cd
and Cleveland warrants at 49s 101zd. Lo-
Cally No. 1 foundry is quoted at 1850
1900: No ? foundry northern and No.
foundry southern, 1S.25Q1S-50; No. 2 foun-
dry southern. II. 1561SOO
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-30
MINING STOCK EXCHANGE.
After q Fair Days Trading Recess Is
Taken Until Tomorrow.

Business Was fairly good on the mining
exchange yesterday, stocks having sell
Ing value OF 81 a share up attracting most
attention. During the two regular and
open board calls g total Of a .15O shares
with q selling value Of $50, 699 changed
hands. Beck Tunnel was quite active
around SL5, Columbus Consolidated
swung around the sos mark, and DAILY
again found takers at $40. Daly-JudRe
was again crowded below the S12 point,
Grand Central brought $50, Mammoth
was trOtted out at $L52 to SIS, while Sil-
yer King was sold az $50 and $3.50 A
small bunch OF Victoria was parted with
at s., and Wabash showed good form ar
S1071a and S11255
Among the lower priced stocks there
was not a great deal doing outside OF
May Day. New York and Thomson Nav
Day did business with 16c as the. low and
1SC as the high mark and New York
swung around the AizC notch. Thompson
continues in demand at and around 4oc
the impression being that the comDanv
will soon decide TO begin operations al
the property In the Nevada stocks some
little business continues TO be done and
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-30
Mining Notes.

There VIII be no calls on the local min
ing exchange today.
The 1-cent assessment on Little Chief
is delinquent Sale day is fixed for
June 16.
Manager 5. Nj. Levy Of the Annie Lau-
RE, concluded his business on this end Of
the line and returned to camp Monday
Frank NJ Taylor, head Of the Taylor
& Brunton sampling companies, came in
from Colorado Monday night and left for
Nevada yesterday afternoon.
Superintendent James T. Kescel of the
Daly-Judge COmpany's milling plant, and
John Thomson. the COmpany'S master
mechanic, were down from camp yester-
day.
Three carloads Of ore from Stockton.
three from Tintic. one from Ophir. one
from Alta and two from Nevada were
reported at the Pioneer sampler yester-
day morning.
August Raht the veteran smeIter expert
of the American Smelling & Refining
company was in the city yesterday on his
way back to Colorado, after having in
spected several of the cOmpany's coast
plants
from Bingham. one from Fish Springs,
four from Nevada. two of which were
from the Bristol district, two from Cali
fornia and one from Idaho, were released
from the Taylor & Brunton sampler yes
terday morning
Seven carloads Of first-class ore from
the Honerine are in the market and five
more are in transit This means that
something like eighty tons a day is be
ing sent out from the mine, as a result
of driving the drain and operating tun-
mel Within day or two concentrates
will be coming along, as well.
The San Francisco stock exchange was
in session Monday and again yesterday
On Monday little was done other than fix
up clearanCes. Yesterday a call was had
and quotations made. but ii is not thought
that much Of an attempt was made TO do
trading. On account of the rush Of tele-
Crane TO and from the east, the Postal
company was given the use Of
the Pollock private wire. As a result the
usual quotations were not received here
Mr.. Pollock expects to have them tomor-
row, however.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-30
TEACHERS EXAMINATION.

An examination for Salt Lake CITY
teachers viii be held in the Lafayette
School building Monday and Tuesday.
June 4 and 3, beginning at a. m, Of
the first day.
All teachers and candidates not hold
ing certificates valid for 1906-19OT are
expected TO take this examination.
Candidates for High school certif-
Gates will please notify the undersigned
not later than Thursday. May 81
Pens. ink, and paper will be fur
niShed.
d. H. CHRISTENSEN,
Chairman, Board Of Examiners.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-30
Open Board.

Beck Tunnel 500GSLC71z. buyer 50: , 2ooa
S7.05; 60Gd$7.OG w. O'H
Dalv-Judge, 100dS11. S71L; 9O0qs11 Il
Grand Central, 40OQ$3.70; 2JT24O0
keystone. 6Ogd17c
montgomery Mountain, 1,00GG51c.
May Day, 500I151zc
New York, 3gG20I2c
Thompson, S90Ghc; 1.OOOq4Oc; 5ooaSs1sc.
Wabash, 50ea$1 O71z; 5ooa$I.10: 3Deas1. 121A
Shares sold q. 400
Selling value S20746
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-30
Postmaster Robbed.

G. W. FoUtz, postmaster at River
ton. Ia, nearly lost his life and was
robbed Of all comfort. according to MS
letter. which says: 'Fo- % years I had
chronic liver complaint, which led to
such a severe case Of iaundfce that
even my finger nails turned yellow,
when my doctor prescribed Electric
Bitters; which cured me and have kept
me well for eleven years" Sure cure
for BiliOUsness. Neuralgia. Weakness
and all Stomach. Liver, Kidney and
Bladder arrangements A wonderful
Tonic. At z. c NJ L Drug Dept 80
cents.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-30
TIES UP PROPERTIES.
Samuel Newhcuse May Become d
Factor in Cherry Creek Renion.

during his trip into the Cherry Creek
region, Nevada. Samuel New horse -
quiTed an option on the ole SheIIbo1rne
mines and one or two other properties
SIu had men put to work upon them
Ills engineer. NJ N Johnson. Is still i'm
the field and the chances are that. he
Tore MS return, other properties will have
feen tied up NJ. NewhOuse recognizes
great possibilities in the field which he
mas been covering which is equivalent to
saying that before he gets through. tn
region about Cherry Creek will know that
something is doing
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-30
BUYS ADDITIONAL TERRITORY.
East Butte Company. ADDS 1t5 Acres
to HOLDINGS in Copper Camp.

Inc East Butt company has Just sue
Ceeded in purchasing 15J acres of mineral
ground adjoining the East Butte mines
on the southeast Officials Of the conf
Iany nave been negotiating for this tract
Iectors had owned seven-eighths of the
end for some time. but were unable TO-
purchase the remaining eighth from NJ. p
LrOWniee until recently Mr.. BroWnIee
IS a former associate Of Marcus D9Iv.
several known leads run through the
ground and II Is the biggest piece OF min
eraI ground that remained within the
known Butte copper zone. Since the com
pany tied up the ground. offers of s150. 100
have been made for the whole but the
company got il for a little more than \
third of that figure
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-30
San Francisco Mining Stocks.
Back From Colorado.

Ephraim. May 29.-FieId Manager NJ. F.
Murray and General Superintendent Ole
Larson of the Gold Development company
OF Utah. returned home Sunday from tIt
cOmpany's mines at Telluride. Colo. where
they have been the past four weeks over
seeing the work al the mine at that Mace
which IS now equipped to concentrate
thiTty-five tons Of ore a lay They ara
highly elated over Inc prospects al the
nine and will put a force of mon at work
as soon Us the snow has been cleared
W2V
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-30
BACK FROM SOUTH COUNTRY.
Harry Joseph Tells of the Region
Out From VEGAS.

H 5. Joseph returned from his trip to
southern Nevada and California yester-
day morning, leaving Ed Hoffman 10 look
into another proposition or two. Regard
ing the property in the Vincent district
mentioned Yesterday, Mr.. Joseph said du-
ring the day that 1t would be impossible
70 tell what it was going to amount to
previous to having the samples which he
brought along aSSayed- He states that
the district, which is located about twen-
ty-five miles southeast Of Las Vegas and
about midway between the San Pedro
Los Angeles Salt Lake railroad and
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-30
Utah Stocks in Boston.

Following is the list Of Utah and other
stocks traded in on the Boston exchange
yesterday. showing the range of prices
and the number of shares sold Accom-
panylng the report which is furnished by
and received over the private wire of
James A Pollock & Co. is the market
letter Of Paine. Weber & Co. as follows:
Boston, May @9.-The recent rich strike
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-30
HEADING FOR DEEP CREEK.
Salt Lake Operators Preparing for
inspection Trip to Their Mines.

J S Garrison, the well known DeeD
creek mining operator. who now claims
Long Beach Cal, as his home came in
over the Salt Lake route yesterday morn
ing, and on Monday next, accompanied
oy j. r Gardner, with whom he is asso-
Ciated IN several propositions in the re-
gion west Of the desert, will leave for
camp TO remain a week or two.
Work" said Mr. Garrison has been
going on all winter at our properties. and
neither Mr.. Gardner nor myself have had
a chance TO go out and see what results
have been On this trip we shall see
what has been accomplished and award
some new contracts, for we are now lust
as anxious as anybody TO get in shape for
production when the Western Pacific
makes it possible for US TO hit the mar
ket"
Mr.. Garrison promises that upon his re-
turn from the Deep Creek section, which
is now attracting unusual attention he
VIII be IN a position TO talk Of what is
being accomplished at the mines In which
he Is interested. as well az some Of the
other properties out his way.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-30
Sixty Years Experience OF an Old
Nurse.

Mrs Winslow's Soothing Syrup IS the
DresCriUtfOn Of one Of the best female
3hvsicfans and nurses in the United
States and has been used for sixty years
18th never-faiIing success by millions OF
mothers for their children During the
D-ocess Of teething its value is inCalCu-
liable It relieves the child from pain,
cIrrss dfarrhOea, gripping in the bowels
and wind collie BY giving health TO the
child it rests the mother Price 70 cents
a bottle
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-30
Money, Silver, Etc,

New York. May 29.-MOney on call
steady. 212G4 per cent; ruling rate. per
cent: closing bid per cent; offered at
215 per cent Time loans firmer: sixty
days, 4s4 per cent; ninety days, 4s4d5 per
cent; six months. 5 per cent.
Prime mercantile paper, 5d515 per cent.
Sterling exchange firm at 1850 for de-
mand and at 1870 for sixty dav bills.
posted rates. 4S3G4S61A; commercial bis
4S1s4.
Bar Silver-672s.
Mexican dollars. 81
Government bonds. steady; railroad
bonds, irregular.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-30

in the Arizona Commercial caused the
shares to advance in the stock market
sharply to -. the highest price the stock
has sold at in a long time Mohawk de-
Clared a dividend of s.. The market is so
dull that the stock failed to respond to
any extent Copper Range declared its
regular dividend Of S1.25. but insiders
promise more next time. Parrot is being
picked up around these prices. and il looks
as if the cut in the dividend was simpey
made 10 accumulate cheap stock. Quo
q
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-30
LOW RATES EAST.
Via D. & R. G. June 1, 3. Is.

va = &C ~ u WIZ y y TT
One fare plus two dollars for the round
trip to Chicago St Louis Kansas city,
Omaha and intermediate points. Final
limit October 31st. Take the New
Scenic Limited Finest train IN the
West First trip from Salt Lake June
3rd- See any D. & r. c. agent for fur
Their particulars.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-30
Coffee and Sugar.

New York. May 29.-Coffee-Rio. No. Z.
rs; mild. steady. Coffee futures closed
steady at a net advance of 5d1O points.
Sales were reported Of about 22250 bags
including July at sos, September, $50.
December, SIS; January, 6.50d655; March,
6.7Od6.75-
SuEar-Raw, steady. fair refining
1915; centrifugal, 96-test, 1872; mOlas-
ses sugar. 2 ll-I6. refined. steady