davidaulloa/AmericanStories huggingface dataset:
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1906-07-21

This certificate will be accepted In
payment for transportation to the
amount Of It's face value. and ut cur
operation.
CHICAGO.NEW YORK
ELECTRIC AIR LINE RAILROAD.
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1906-07-21
TN 1ADHMoO Or Tn 1oAD WIZ
N D2Y0HD AL S800DOD4I.

The new electric road would command an
az . G,u moe ~ ome ne, s smy
over existing steam lines, for It's rate Of so.
which 10 Just about one.half Of present pas
eenger rates. would command the traffic.
But when In addition to the fact that the rate
10 only SO we add the fact that the time 10
only ten hours and the well-known adyan.
tages Of electric over steam transit, there
seems little reason to doubt that the old
steam lines will be forced TO lose q very large
part Of their present business and the cleo
trio road get II. Not only that. but the new
travelling element will enthusc new people
who have hitherto travelled title or not at ALL
to 80 on journeys Just as summer rates do II
even now. TO some extent, on steam roads
Tho Chicago-New York Electric Air Line
Railroad will traverse the richest and most
densely populated part OF the country. II 10
not a road to be. built on Garden-of Eden
theories only to face sage brush realities. as
were some OF the great steam roads. but Will
run through a country that fairly huns with
Industry and between terminal cities, the
wealth OF which is simply incalculable. Its
patronage will be awaiting It's opening day In
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1906-07-21

tomorrow. Many q minor
curve or grade might be
left untouched and hun.
dreda OF thousands OF
dollars saved In original
cost. but they must and
will be straightened out
and leveled down. Every
curve and grade that II
left IN q roadway to save
construction cost. con.
etitutes q permanent
drag on the operating
cost for all time. an ex.
pense that exceeds what
u would have cost TO do
the thing right In the first
place BY q thousandfold.
The cOngtructionists OF
the new electric road are
pursuing no makeshiff
policy. II q curve or
grade exists and ought
to be removed, II Will he
removed. Wherever the
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1906-07-21

vestment. are more largely placed In raitpoo1
securities than In any other way. The total
value Of the stock and bond securities O0
railroads In the United States amountQ -
about fourteen billion dollars. which 10 aSo0o
one-eighth OF all the wealth Of the countsv
TN x11e1 70 INVEST 70 row. H1vxD
A0A11 WEI TN HD10D
N 20 cow.
Railroad fortunes are the greatest fortuaQ0
on earth. The men that piled up untol6 md.
lions BY railroad invest ments were not moO
who asked every Tom. Dick and Harry What
to DO. what was safe. what was good. Th0v
were men who turned a deaf ear and an eyQ
II out on the merits Of the case. whether e
not the proposition was worth while. TheD
used their own judgement, their own calm,
common sense. that's ALL In saying 70 -
that the stock OF the Chicago New Yoyb
Electric Air Line Railroad 10 not only to
Souhdest safest and wisest investment foe
all your savings. but that n YOU buy now -
you will surely become wealthy man from
their rise In value, We want you to use yOQl
own good judgment and convince yourself
from the facts that what We say 10 true.
Here IL a proposition with every element
OF risk absolutely done away with. Any man
or woman can see that no matter what the
road might or might not earn, the clause On
the stock certificates, making them .Gooo
for transportation. stamps them with .
This makes every investor realize that %
matter what comes. he Just simply cannQe
lose one dollar II he invests In that stock
IL is always good for transportation, an0
transportation is always as good as money,
But that Is only small part of the value OF
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1906-07-21

stock offers. Nothing on earth can wreck its
value. From the moment the road begins tc
as good as money: four times as good II
bought at present prices. IT will be easy TO
transportation, because any ticket broker
will cash II at small discount for brokerage.
even In one year from date. when the hrst
hundred.mile section Of the road 10 IN actual
operation between Chicago and Goshen.
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1906-07-21
70 EAxuSEyTT yxAy1o ron TIE 11W
1xD0y1x0 Road.

trio Air Line RAILROAD have determined that
no matter Of exped!ency shall cause them TO
build with only today In view and TO forget
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1906-07-21

It 10 almost beyond belief that 30 perfect q
natural route for railroad as that surveyed
by the new Chicago-New York Electric Air
Line could have stood all these years and
not had Q railroad built upon Il. For Q
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1906-07-21

pieted to New York. while ultimately. the
freight receipts from this tributary tonnage
Will be enormous.
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1906-07-21

on steam lines. on electric lines. the motor
Ing whatever. Il can be clearly seen how
electric transportation Increases the safety
Of every passenger. even when going at the
highest speed
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-08

MARKET SOMEWHAT DULL
BOTH SIDES EAGER TO TAKE
PROFITS.

New York, May THE course of to-
days stock market demonstrated how
largely the outstanding short interest had
been reduced in the course of the vio-
lent rebound from last weeks extreme
depression. In Reading the recovery
from last weeks low point to today's
high point reached nearly IS points With
the satisfaction of the demand from the
shorts the market fell into dull con-
dltiOn and showed a heavy tone until
the Irregularity after a rally. The ad-
vantage against the bear party was eX-
tended cOEsiderab bly, by the action of the
miners convention on Saturday making
settlement without a strike practical
~ certain. The influence of this fac
tor was carried over into today's mar
ket and made Reading strong and very
active The feverish fluctuations in this
stock gave ample indications of some
very active manipulation which was di-
rected against the more persistent bear
position in the stock
The advance in Reading had a sustain
ing Influence on the general list while
1t lasted The sagging tendency was
reacted y progressive subsistence of ac-
tiVity and of the range of fluctuations
in prices is the normal result of such
a Spasm of liquidation that which
eliminated last week. The bear opera
tors OvereXtend themselves while the
liquidation is in force, and when the
forced selling is over they find them
selves under the necessity of buying
stocks to cover shorts on a rapidly riS-
ing scale OF prices Buyers at the bot
tom then come in to take profits, and
the process repeats itself on a decreas-
ing scale until the operations in the mar
ket lapse into the hands of professional
traders until some important new de-
velopment occurs to give a new impulse
to speculation.
Sentiment in the financial district at
present is favorable to a pause in Specu-
lative activity for the clearing up Of the
situation. The money market shows evil
dence of relief by reason of the drastic
liquidation effected well as by the
heavy flow of gold to New York from
abroad. The settlement of the coal Ia
Dor dispute is regarded with emphatic
satisfaction in its bearing on the cOnflr-
nation of the SOundnesS of the general
business situation. Western railroads for
the first time in many months admitted
a falling off in traffic. in spite of some
extra business on account of supplies for
San Francisco Reading, after losing
nearly all of it's gain, rose to the best.
and reasserted its influence in the mar
ket, prices at some points rallyinS to the
top. But the recovery again failed 10
hold and the market closed irregular.
Bonds were irregular. Total sales, par
value S2,110,OO0
United States bonds were all unchanged
on call.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-08
Treasury Statement.

Chicago. May 7-Shorts were active
bidders at the start because of higher
prices at Liverpool. Under this demand
the market became firm. Later in the
session. however, a considerable amount
of profit taking in the May option. coup
led with the fact that the total arrivals
today were 394, 900 bushels, against $4,000
for the corresponding day a year ago,
caused a weak tone in the market The
volume of trading was small The forth
coming government report WAS assigned
as the cause of the dulIness. The mar
l1et closed easy with prices near ne low
est Of the day. July opened unchanged
to 1k0N higher at 7914 to 79as9791z. sold
up to 795sq79A, and then reacted to 1875
The close was Il off at 70
The corn market was steady early in
the day on n fair general demand based
upon firm cables Later the market be-
came weak on selling by local traders.
July closed Las lower ar 400
Trading in oats was quiet. but the
market had firm undertone. July closed
unchanged at 307sd31.
Provisions were firm. At the close July
pork was up 1912, lard was up ~ and ribs
were 71Z6I10 higher.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-08
Mining Notes.

Colonel f. A. Wall was in BINGHAM
yesterday looking after his mining inter
ests.
Wire troubles cut out the speciaI mar
ket reports over the Pollock wires from
Boston yesterday.
J.. A. Jeffs left for Denver on mining
business yesterday afternoon He expects
to return within few days
Manager Lorin n. Morrison of the In
Yer county, came up from the south YES
terday morning.
August Mathez left for Grand county
yesterday TO make an examination of the
Big Indian property in the interests of
Samuel Newhouse.
Tony jacobson, manager of the Column
ous Cohsohdated, went out to the mine
800 level below the tunnel
Ore receipts at the Pioneer sarpn1;ne,
works yesterday included three cars from
Tintic, two from Bingham one fron1
Stockton and one from Alta
The week opens with silver at 66k cents
per ounce The settling basis fixed for
the pTesen! week on lead and copper. by
changed. III
Twenty-Five carloads of ore from Tin
tic, two from Idaho one from ITjsb
springs, one from Milford and one from
Idaho were released from the Taylor <,
Brunton sampler yesterday morning
Barney Riley WAS down from the Park
yesterday getting pointers on mining
stock market conditions and otheruiiass
amusing himself. He says the Park is
going to enjoy lively summers season
The expert examination of the Carisa
was finally finished on Saturday and the
fate of the option on a control of the
company's stock will probably be known
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-08
new EQUIPM
FOR STAR CON.
Powerful Hosting Engine, Fine
GalIOWS Frame, Additional
Boiler Are Ordered.
BIG CAMPAIGN is PLANNED
UNCLE SAM DECLARES USUAL
DIVIDEND.

A new and powerful hosting engine, an
other 1OO-horSe-power boiler. a fifty-foot
gallows-frame and other and minor mat
ters of equipment have been decided upon
by the management of the Star COnsoli-
dated and the placing of the property in
first-claSs condition for any demand in
the way of development and production
that may arise will be pushed with all
possible speed.
Fred c. Richmond OF the Salt Lake
Hardware company landed the order for
the hoist and it was being prepared for
shipment to the mine yesterday afternoon.
1t is great 12x4, double-cylindered
ating under a heavy load to a depth Of
100 feet, and calculated to meet the de-
mands of the company for a long time to
Heavy foundations for both the hoist
and gallows-frame, the material for which
has also been ordered, will be constructed
with eye to their lasting qualities, six
feet in thickness of solid masonry being
the specification for the foundation bed
of the engine. Material for this work
and brick with which to enclose the new
boiler are being hurried to camp and the
management will try to have the new
plant in commission thirty days hence, the
time depending altogether on the ability
sion timbers for the gallOws-frame here
promptly.
just about outgrOwn it's usefulness for the
work ahead of us said President II. G..
Mcmillan. Down to the 600 level it oper-
ates very satisfactorily, but it is not
heavy enough to stand the work piled
upon it from two three levels at the
same time and operate to the 500 level,
the bottom of the mines present work
ings. We have not been able to do much
on the 500 level for some time past on that
account.
with the new plant in commission. we
shall have every facility for going deeper
and determining what the mine is worth.
That we propose to do. There is no use
in spending a lifetime to find out what
the mine is worth. Properly developed. we
Relieve the Star Consolidated will prove
one of the best mines in the camp and
we also believe that the shareholder will
endorse the decision of the directors to
operate in the future on broader lines
Mr.. Mcmillan stated that the 500 level
looked promising, but that il was next to
impossible to open it UP as it ought to be
without having a hosting plant heavy
enough to do the great amount of lifting
that would go with rapid work in the
mine. Matters at the Star have been
dragging along for years and the man
agement has at last decided to take a
new tack and WhOOp things up.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-08
MACHINERY FOR BULLION.
Three Carloads Go Out for a Salt
Lake and Eastern Crowd.

Three carloads of mining machinery and
equipment were billed out by Fred G.
Richmond yesterday for Beowawe, New.
it is consigned to the keystone EXplOra-
tion company, a combination Of Salt Lake
and eastern mining men. and viii be
used in the equipment of properties i'm
the old Bullion district. thirty miles south
Of BeOWawe. on the Southern Pacific. A
six-driu compressor, eleptric light plant,
cars, rails and all sorts of mine equip
ment are included in the order that has
been filled. its completeness being neceS-
sarily minute owing to the fact that the
district does not as yet boast of supply
houses and places where little things can
be picked up.
P d. Delmas. who last year interested
a Montana crowd in the same district
and organized the Gold Quartz company.
went east early in the present year with
another group of claims that he owned
in the district and was not long in find
ing hackers for the present undertaking.
load stock upon: he went with a deter
mination. If possible, of finding someone
willing to put money into a legitimate
undertaking, an undertaking that he de-
manded should be thoroughly investigated
at the start. Engineers were sent into
the field. and they were followed by some
Of the men who contemplated going into
the enterprises. The result was the for
nation OF company with ample capt.
tai and a determination to mine. The
shipment Of the big consignment men,
toned has been the result. Mr.. Del
mas. who is vice president Of the com
pany has gone ahead to look after the
delivery Of the material at camp.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-08
STILL TALKING MOVE.
Utah Consolidated May Yet Decide
to Rebuild Its SmeIter at Garfield.

1t has been animated from Boston
more than once during the last six months
that if an amicabIe settlement with the
farmers and ranchers in the valley was
not finally made that the Utah COnsoli-
dated company would move its smelter
10 Garfield That idea evidently still pre-
walls, for Boston paper which has al
ways stood close to the officials of the
Utah Consolidated company. again re-
fers to the subject, as follows:
The one problem before the Utah Con-
sOlidated management is that in connec-
ton with smelter fumes. There has been
some consideration given to the question
of the removal of the Utah smelter to
the Garfield district. where is located
the new smelter of the American Smelt-
ing & Refining company the mills of
the Boston Consolidated company and the
the Garfield country permits of Smelter
operation without fear of damage to ag-
riCuituraI interests.
Utah Consolidated is prepared to make
this move If ii is found necessary. 1t
IS estimated that such action would cost
the company between 100000 and 100000,
but II is in a financial position to make
this expenditure out of earnings with
out interfering with dividends. President
Broughton. however, anticipates a set
tlement with the farming interest upon
terms which will not make necessary the
removal OF the smelter. That matter is
still in the courts and the management
is endeavoring TO overcome this smelter
fume difficulty through various mechSni-
cal contrivanCes-
President BroughtOn will sail for Eu-
rope early in May for a vacation"
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-08
MINING STOCK EXCHANGE.
Market Opens Strong and Lively
Little Bell Jumps Up.

The week opened to renewed activity
on the mining exchange and all stocks
were strong During the day a total OF
$3.50 shares of stock, with a selling value
of $3S.277 changed hands. Little Bell
made its first sale at $123712, while in the
afternoon it was picked up at SEQ
This was over 81 above Satur-
days closing price and reflects the i'm
portance attached to the tapping of the
fissUre on the 3OO-fOot level. Columbus
Consolidated did business at $40 to $3.50
and back TO SI25, while Daly-Judge held
stationary at SO. Bullion-Beck recorded
ed a sale at $50, the highest price it has
shown in years. Beck Tunnel was prac-
tically unchanged at s1.15. Thompson
shot up from 80 to 371ac, and closed at
35c. while Wabash did business around
Saturdays prices. May Day moved up
a cent or two. and Carisa, Lower Nam
moth. Uncle Sam and Yankee each APP
peared in better form.
A few of the Nevada stocks again took
part in the trading and the prices made
indicate that no slump is going to result
from the shaking up brought about by
the San Francisco disaster.
Following is the list of final quotations
and record of sales made during the two
regular and open board calls:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-08
Mines and Mining Stocks
T financial and Commercial
AT NEW YORK BONANZA.
Management Is Now After Big Ore
Shoot on 800 Level.

Manager NJ. J. McGiII of the New York
Bonanza came down from the Park Sun
day night for the purpose of attending
the regular monthly meeting of the di-
rectors last evening. He reports that ere
hauling from the mine is now progress
ing, and that during the next few days
he will have a couple of carloads OF
good stuff in the market For The past
few weeks the roads have been in ain
almost impossible conditions for por-
ton of the distance between the mine
and sampler and it has been hard work
to get teams through. Unless other
storms come right away. however, it
will be possible to make frequent ship
ments and keep the treasury well sup
piled with funds
The work of sinking in the ore from
the l0O-foot level. Mr.. McCill states, has
been discontinued. there is nothing to
be made in windlasSing from the bottom
of the Wine, which is now down forty
feet. Instead, he will continue drifting
on the 200 and at the same time reach
out for the same shoot on the S00-foOt
level, where another fifty or sixty feet
Is counted upon to carry the face of
the drift into the ore. Mr.. McGiu says,
also, that he now has a nice ore show
ing at several points in the mine, and
the future looks good. He will return to
camp this morning.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-08
UNCLE SAM DIVIDEND.
Usual Monthly Payment of $4,000
Ordered for May 10.

One day ahead of time the directors
of the Uncle Sam Consolidated company
met in regular monthly session yesterday
afternoon and declared the usual dividend
of 5000, or 1 cent share on the capital
stock of the corporation. Books will
close on the 18th and payment will follow
on Saturday. the 18th
1t is now nine months since the Uncle
Sam company resumed the payment of
dividends. the lull of few months previ-
Gus to that time having been necessitated
by the burning of the cOmpany's works
and the building of a mill The annual
meeting of the company is scheduled for
the early part of next month and the eX-
hibit that will then be made cannot fail
to be good one, the mine has been
responding to development in new terri
tory fully up to the expectations of the
management.
underground conditions has been given
out, but the record of production has been
talking for itself. 1t is stated. however.
that something new is coming soon and
that it will occur before the annual meet
ing is the object sought by Superintendent
g g CIrfggS-
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-08
Metal NJ arkets.

New York, May 7.-Notwithstanding the
sensational advances recently reported
the London tin market made another
sensational advance during the days
session and closed G465 above the final
prices of last Friday, with spot quoted
at e193 and futures at 91S9 los The
local market also advanced sharply and
closed at ~. 256G43. 60.
Private cables from London regarding
the situation are very bullish and fur
Their advances are predicted Business
here was very quiet at the advance
Copper was irregular in London with
spot closing at esq and futures at .eS2
Locally no change was reported lake be-
ing quoted ct 1S51QlS.75; electrolytic at
IL. 25Q1S.50, and casting at 1S-00Fs1S.35.
Lead was IS higher at G16 1Gs in Lon
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-08
BELL COMPANY WILL HELP.
Manager Murray Tells How Idaho
Camps May Get Connected.

Speaking of the desire of the people in
the Yankee Fork mining region, Idaho,
for telephone connection with the Custer,
mention of which appeared as q, mining
item from the northern country yesterday
morning, Manager David S. Murray of
the Rocky Mountain Bell company said:
The subject Of running a line in that
country has been under consideration for
some time, and while the Bell company
is not justified by the population in ex-
tending a branch through there as yet, it
is willing to help out on the project. The
thing for the people up that way to do is
to form company of their own and han
die the service themselves We are will
ing to lend a helping hand
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-08
GOES TO OSCEoLA.
Or. S. A. Whitney May Start His
Mill on Black Horse Ore.

DR.. 5. A. Whitney. who owns a big gold
property in the Osceola camp, which is
equipped with a mill, left for camp last
night to size up conditions at the diScOv-
cries in the Black Horse district. few
miles out of OsceOla- The doct0r has
been importuned by some of the owners
of property in the new district to make
mill of their ores. and, if he finds that
conditions are such that it can be profit
ably done, he will most likely start his
plant up for them.
If there is the quantity of gold-bear-
ing quartz reported. and if it will mill
anywhere from SO a ton up. the doctor
figures that the owners can well afford
to haul the ore and pay him a fair price
for handling il for them Should the mill
be started il is also the doctors inten-
ton of resuming development work upon
his own ground.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-05-08

don. Locally the market was Unchanged,
with quDtations ranging from 100 to ; -.
Spelter was IS I'd lower at A26 Is &C.
in London. and unchanged at 6.00I6.IO in
the local market.
Iron was 81 higher in the English mar
ket with standard foundry quoted at 49s
cd and Cleveland warrants a. i9s Cd. Lo-
Caly iron was unchanged, with No !
FOUNDRY northern quoted at 1S.75019-OO;
No foundry northern, lS.25d1S.E3: 40. l
foundry southern. 1S.25G1S- 80; No. , fOun-
dry southern, 1775I1&0O