davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17
DIGNOWiTY ON NEVADA.
Engineer Locates at Reno, the Com
ing Denver of Nevada.

AFTER more than two months in the
field, G. L. Dignowity, the well-known
| mining engineer and operator came in
from Nevada Sunday evening, and last
night pulled out for New York where he
will submit reports to clients for whom
he has been making Investigations and
at the same time present proposition
or two that he has taken into camp
during his pilgrimage and those of
three different outfits that have been
doing the state under his direction
THE great possibilities of some sec
tons of Nevada" said Mr.. Dignowity
yesterday, have so impressed me that
have established headquarters and
opened offices in Reno. NV family is
there and in that pretty little city
expect to make my home for 4 good
while to come. The place has a popu-
lation of about 10000 now: it will BE-
twice that in a year. and eventually I
believe the city will be to Nevada what
Denver is to Colorado, the metropolis of
the state
No other city in Nevada has the
same chance to grow that Reno has;
no other city is forging to the front so
rapidly 1t is growing like a mushroom
and has right to. The Truckee river
flows through the place, and this gives
nestle and power purposes as well. The
place is within easy distance of many
of the states best mineral sections, and
mining men are beginning to appreciate
the fact that Reno is a delightful and
convenient place in which to live. The
streets are being paved with asphalt
and beautiful homes and large business
structures are going up right and left"
MIR. Dignowity has been giving the
camps of Nevada the same discriminate
ing scrutiny that he gave to Bingham
years ago. when he preached its posi-
bilities and showed what might be done
by the employment of capital on a large
scale. That the investigation he has
been making will result in the round
ing out of some big undertakings is
certain. for he knows their value and
is capable of telling just what they are
going to require to bring them out.
Mr.. Dignowity is largely interested
in the Keystone-Nevada company, |
which is operating at Olinghouse. in the |
White Horse district, twenty-eight |
miles north of RenO-a camp into which |
an electric railroad will soon be com, |
pleted. This company is largely con-
trolled by wealthy Pittsburg operators. |
and late reports from the properties |
indicate that they are making reputa-
tons that will require no boosting TO /
maintain.
Close to Reno and at other points i'm
the state Mr. DignOwity has ACQUIRED |
on a development basis
which are just now receiving particular
attention at his hands
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17
Metal Markets.

New York, July 16.-There was a sharp
advance in the London tin market. which
closed at e16S 15s for spot and f16S los
for futures or about 92 5s above the
closing prices of Friday. The local mar
ket was also firm and higher with spot
quoted at S36.75G36.90.
Copper had a sharp advance in the Lon
don market closing at SO los for spot and
e79 for futures. Locally. however, the
market was dull and nominally un-
changed with lake quoted at $1S.3712G
1875; electr0lytic, s1S.121zQ1S.25; casting.
81. 756lS.G0.
Lead was unchanged at $5.75 locally. In
London it was Is Sd higher at 916 IS 80.
Slepter declined Is Cd to EGG rs Cd in
London Locally the market was quiet
at s595G6.OO. Iron was Sd higher at 49,
1Od for standard foundry and at 5qs 1l32d
market. Locally iron was steady with
some dealers reporting prices shade
higher, although there was no quotaDle
change in the general range. No. l fOun-
dry northern. $lS.25d1S.75; No. foundry
northern, s17.75d1S25; No. l foundy
southern. S17.50d1S00;. No. foundry
southern, $1IO@1I5O.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17
New York Mining Stocks.
LOGAN CANYON MINES.
Report Has 1t That Sam Newhouse
If After the Lone Star.

Newton Farr of Ogden, who has had
considerable to do with mining matters
in Utah during late years, is in Logan
now on business connected with a Lucky
Star deal, says the Logan Journal He
recently secured an option on the Lucky
Star for $4,000, and as it is claimed he
represents Samuel NewhOuse. something
important is expected as a result of this
deal. He is going up to the claim again,
perhaps today.
He also has an option on the Crown
claim which adjoins the Lucky Star, and
by way of indicating his faith in Cache
county mineral prospects. has also To-
Gated a claim at Mineral Point.
Manager Hansen of the Amazon re-
turned day or two ago from that mine
and he reports excellent progress there
The tunnel is being driven in at the rate
of four or five feet day. and the show
ing is altogether satisfactory. They are
now driving through a big body of stuff
that resembles carbOnates, but an ASSAY
will be necessary to determine anything
as to their values.
Work will be prosecuted all summer
and Mr.. Hansen is more sanguine than
ever that encouraging results will be OBJ
tanned
Messrs. n. ". Kimball. Fred Turner.
Del Cranney and Ed Hanson returned
this week from the Richie Cache They
say that work will shortly be resumed on
that prospect. and they expect to get it's
affairs in good shape before long.
From Mineral Point. La Plata and other
parts of the county where prospecting is.
going on very encouraging reports come
and it can be truthfully said that the
prospects for the developing of a mine
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17
MARKET SHOWED
GAINS At CLOSE
Relaxation of the Pressure to
Sell Stocks Felt in
Wall Street.
SHORTS TRYING TO COVER
DEALINGS QUITE SMALL IN THE
AGGREGATE.

New York, July l6.-The relaxation in
the pressure to sell stocks which had been
IN evidence at declines for several DAYS
was not altered materially today by the
advance In prices. A material change in
the tone of the market was the conse-
quence. Hitherto the sentiment of the
speculation has contended in vain against
the steady and determined pressure to
sell stocks whenever prices turned m
"druS ana on every occurrence which
could be interpreted in a way fayora HE
10 VaIueS. Uncovered bears showed more
uneaSlness today than at anv time since
the decline as result of the light offer
lngS or stocks which appeared in the mar
ket. Their buying was not on a very
heaVy scale as is testified by the moder-
a.e aserte6ate or the days sales, but they
were oDnged to raise bids consecutiyeIv
10 I'LL up their needs and a rather wide
ana comprehensive rise in prices followed
opinion was general that the demand was
SUN largely confined TO the short interest
and IL was not considered probable thar
others demand would spring up at the
sharp recovery after having been so hack
ward at all recessions
Inc DeIlef has become prevalent, how
ever, that buying of a substantial char
acter has been in effect on a scale down
Tor several days The principal event of
the DAY was the purchase in the omen
market In London of ST. 900 in gold for
W view 1OTk. Inc 0pmOQStra-
ton OF the ability to draw gold without
the 1acihty of government deposits caused
an easier feeling over the money situa-
tlon. Inc price for the gold however
was at an advance of a full penny over
the market price. Sterling exchange at
ParlS also fell back. The call money mar
ket mere was easy in spite of some large
requirements falling due on the 18th and
the 40 per cent installment payable on
Baltimore IL Ohio stocks subscriptions
saturdays strong bank statement had
some Delated Influence in helping stocks
Something was made also of the comins,
return of j. p. Morgan to New York
which occasiOned a revival of the Great
Northern ore lands deal with the limited
States Steel corporation
Hopes are entertained that the manner
IN which the Panama canal bond fIOta
ton is being managed may Weld some
nelp 10 the money market by the shifting.
ABOUT OF government deposits A strong
market for copper in London was a ia
Norabie factor for Amalgamated Conner
The rise in the minor Vanderbilt was
based on the organized agitation for an
increase in the dividend distribution ON
Central The demand became
very DUH late in the day so that there
were fractional receSsiOns and a slightly
neaVlng closing, but active selling pres
sure was not renewed and substantial net
5alEs remained as a result of the days
business
Bonds were irregular. Total sales. par
value. 81. 725,O00 POI
United States new As advanced u. the
IS and old 4las and the IS q per cent on
-all.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17
LITTLE BELL IMPROVEMENT.
Ore Coming In on 500 Level, Where
CONTACT Is BEING Driven For.

There is rejoicing in the official house
hold of the Little Bell Mining company
over changed conditions on the 30t-foOt
level of that property. Since Saturday
morning the face of the drift hes been IN
the fissure that is being followed 20 a
connection with the great contact ledge
that opened up so well On tie 700 level
snd the character of the material encoun-
tered has been growing better every min
ute
Manager SpirO brought down ledge mat
ter Saturday night that looks very much
like the richest ore on the 400 level. but
from past experience i'm developing fis-
sures in the property, il Is not believed
that the rock carries high values per
ton. Since Saturday, according ID re
ports received, the character OF the ore
has been gradually improving until now
# is figured that the sousht-for shoots
OF pay rock are not far ahead. Neither
IS IL expected that many days viii oe re-
quired to reach the contact and when that
happens. watch the smoke of Little Bell.
Mr. Spiro stated, also. that things were
looking good at the Silver King COnsol-
idated, though there was nothing of
sensational character to report. The
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17
MINING STOCK EXCHANGE.
Week Opens With the Market Strong
and Weak in Spots.

During yesterdays trading on the min
ing exchange total off 45,j22 shares of
stock, with a selling value of s31, S03S7,
changed hands. AS compared with the
close OF last week prices. with few eX-
ceptions, are a little lower. condition
that is in strict keeping with the summer
dullness that has taken POSSESSION Of
the market. Little Bell, with improved
conditions at the mine reported is up
to $40 a share, and New York, with a
lot of fine ore headed for market is
about &c higher. at 3315c. South Column
closed at 49c, while Columbus CONSOLE
dated pulled through with little change.
Daly-Judge was let down to $11.25, Ne
vada Hills TO S22712, Carisa to 25c. and
May Day TO 121ac.
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, 1906-07-17
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-
panying the report, which is furnished by
James A Pollock & Co, is the market
letter of Paine. Weber & Co.. as fol-
lows:
Boston, July 16.-The urgent liquidation
seems to have stopped for the present
and the whole market rallied slowly to-
DAY. In the Boston coppers this was
especially true. stocks moving up several
points on the sale of few hundred shares.
One buying order for 500 shares of Cop
per Range put i'm Saturday. lifted the
stock from 81 to 691a. From now on
would pick up the good stocks on every
break and hold them for a good rally.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17
Money, Silver, Etc.

New York. July 16.-Money on call easy
21kd3 per cent. ruling rate, "a per cent
closing bids, ~ per cent; offered, 212 pei
cent.
Time loans very strong Sixty days
4L641b per cent; ninety days, AZ per cent
aud six months, 512d5A per cent.
Prime mercantile paper. 5G51s per cent
for demand. and at 4S1SOa4. S1S5 for sixty
day bills.
Posted rates, 4S212 and 4S512 per cent.
Commercial 4S15s.
Bar silver 65$4c.
Mexican dollars, 5012c.
Government bonds strong. Railroad
homes irregular
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17
LIVESTOCK MARKETS.

Chicago. July -Cattle-Receipts, b.
600; market 5d10 lower. BeeveS, $4.10G6.N;
cows and heifers, 81. 30G5.30; stOckers and
feeders, $2.6OG440; Texasn, $S.75@5.30;
calves, $500d7.00.
Hogs-Receipts, $1,000; market 10c lower.
Estimated tomorrow, $4,000. Mixed and
butchers, Sc. 45d6S0; good heavy S6.50d
6.S5; rough heavy. Sc. 10G6.35; light, $3.50
$50; pigs, $565G6.3O; bulk of sales, $500
$50
Sheep-Receipts, 10000; market 5G10c
lower. Sheep, S310G6O0; lambs, $4.75d8.00.
Omaha, July -Cattle--Receipts, $500;
steady. Native steers. S435G6.05; COWS
and heifers, $300d4.40; western steers, $3.50
M4.75: cows and heifers, $2.25G450; can
rers, 81. 50lI2S so; stOckers and feeders, $500
@425: calves. s2.75q5.75; bulls and stays,
Hogs~Receipts, 5000; market 5G1Oc low
err Heavy, s6.45Q655; mixed, $6.45G650:
light, s6471906.5212; pigs, S5.5Gq625; bulk
of sales, s6.45G65212.
sheep-Receipts, 300; steady, Year
Iings, $5.25de25 wethers. S5.0005.75; ewes,
ST. 800 40; lambs, s6.50QE.45.
Kansas City, July 16-Cattle-Receipts
IL COO; steady Native steers, S4OOd6. 10;
native cows and heifers, $2.OOd5.50; stock
ers and feeders, $2.5OQ425; bulls, s.. 25d4O0;
calves, s.. 5Gd6.00; western fed steers, So. y
ass; western cows, S2.50d450
Hogs-sReceipts, 5000: market 10c lower.
Bulk of sales, 6.6OG665; heavy, $662l26
6.67lA; packers, $6.6212q6.70; pigs and light,
s. 90G6.6712.
sheep Receipts, 4OOO: steady Muttons.
s5OOd6.25; lambs. $6.00G8.O0; range weth-
ers, $5.25d6.25; range ewes, A75q5.50.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17
LEXINGTON GROUP DEAL.
Valuable Property Southeast of
Osceoa Is Financed at Sprincville.

Fred Schrott F. o. McFall and BARLEY
]. Smithson left for the Osceola country
again last evening. They came to town
less than week ago to place properties
secured in the Black Horse district. ard
in the country southeast of Osceoia. The
first was disposed of within d few hours
after their arrival. and the Lexington
property, mention of which was made in
has gone into the hands of Il SPRING
vile syndicate, headed by A Il. RockniIl
of the Commercial bank of chat Mace.
A company is being organized TO develop
the ground and Mr.. Schrott reported
Yesterday that the money necessary to
take up the bond held by him aad his
associates had been provided Work on
the property is to be commenced at once
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17
GRAIN AND PROVISIONS,

Chicago. July 16,-Continued wet wealth
er in Southern Russia and diminished ex-
ports from that country were the chief
reasons for Il strong tone today in the
local wheat market. At the close Septem-
Der wheat was up 5sdA. Corn and oats
were off. 1s@A. Provisions were un-
changed to 5 cents lower
Notwithstanding enormous receipts at
primary points in this country the wheat
market was interesting all day because of
advices from Russia which told of con-
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17

somewhere in the county are brighter now
than they have been for some time.
Ire story which came from Star val
icy about Ron" Thatcher and some 9TH
er Cache valley boys striking a gold
mine while digging a canal turns out to
be good deal of a hoax From what
can be learned, the boys found few mug
gets and people who knew of it imagined
that great mine had been discovered.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17
Afternoon Sales.
No sales on regular call.
Open Board.

No sales on regular call.
Open Board.
Beck Tunnel, 200 at soc.
Carisa. 800 at 261ac, buyer 80 days; 1000
at 26c; 5000 at 251zc; 500 at 25c.
Daly-Judge, 100 at $11.25
Columbus Consolidated. 400 at s7.45; 800
at $50; 400 at $780, buyer 90 DAYS.
May Day. LOCO at 13c; 1000 at 121Rc
New York, 1.500 at 33l2c; 1,50O at sc,
seller 90 days; 800 al 33c.
Sacramento, 1000 at Size.
South Columbus, 800 at soc; 800 at 4Sc;
100 at 49,
Shares sold. 1900.
Selling value, Sl2SS9
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17
Coffee and Sugar.

New York. July 16.-COffee-Spot rio.
steady; mild. steady. The market for
coffee futures closed steady. net I'M
changed to points higher. Trading was
very quiet here most of the session but
there was some switching in the late
business up to $3.50 bags, including
December at 6.50d655; March at 500:
May $780,
Sugar-Raw steady; fair refining, 7-32
centrifugal. SO test, 1872; mOIasses sugar,
31-32; refined, steady.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17
Treasury Statement.

Washington, July 16.-TOday's statement
of the treasury balances in the general
funds shows:
Available cash balance. s169, 972, 762; gold
coin and bullion, $9S, 554, 425; gold certifi-
Gates, S41 ,060, 260.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17
American Fork Mininq Sale.

Provo. July 16.-S. Osborn of American
Fork has sold to jeremiah Rankin Of
Salt Lake for a consideration of 500 an
undivided fifteenth interest in the fol-
lowing mining claims on Pittsburg hill
in American Fork canyon: The Osborn
and the Osborn Nos. 2 TO inclusive. and
the Chicago and Superior lodes.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17
Butter and Eggs.

New York, July 16-Butter, steady;
street prices. extra creamery, 2012G21c;
official prices, creamery, common to eX-
ira, 161Ad201ac; renovated, common to ex-
ira. 12d1S13c; western factory, common to
fjrsts, Bale; western imitation creamery.
extras, 1872; firsts. 1612G171kc.
Eggs-Firm; western firsts. 17G171ac;
lower grades, 15GI16l2; southerns, 15Q16c.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17

tinued uufavOrane weather for har est
ing and the decrease in exports. Wee-.ly
statistics were favorable to the bulls, the
amount of breadstuff on ocean passage
showing a decrease of 3,176.0O0 bushels
and the worlds shipments being only o.
0S6O00 bushels for the week against $780,
900 bushels last week. The market closed
firm. September opened Ss@z to zQ1
higher at 755s79lsc, sold up to 791sc and
closed at 1875, gain of 5sG7lc. Sentiment
IN the corn market was Dearish, because
OF rains in various sections of the corn
belt September closed easy. 1sd1zc lower
at 5lsQ01Ac
Weather conditions We're favorable for
the oats crop and the market had an
easier undertOne. September closed at
S4$4qS47sc. loss of 1sqAc.
Provisions were dull and easy because
OF unusually large receipts of live hogs
at the stock yards. At the close Septem-
beT pork was unchanged, lard was off &C
and ribs were &c lower.
The leading futures ranged as follows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17
Ore and Bullion.

Ore and bullion settlements in this city
yesterday. as reported by Mccormick &
Co., amounted to $4,000, as follows: Sill
Yer, lead. gold and copper ores S29 900,
base bullion. s37 900; gold bars, $50 CO0.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17

Cash quotations were as follows;
Flour-Steady.
Wheat-Spring No 2. SO1zdS2c; No. z.
76d79c; No , red, 791sQSOc.
Corn-No. p 51%c; No. yellow. 5zhc.
Oats-No. ,, S77sc No. white, 3912c;
No white, 35d39c.
Rye-NO. >, sec.
Barley-Good feeding 3Sd40c; fair 10
choice mating. 43q50c.
Flax Seed-No. /, Sl.051z; No 1 north
western, $1.09.
Timothy Seed-Prime, S425.
ClOver-COntract grades, $l1.25.
ChOrt Rids Sides-(LOose), $500 40.
Mess Pork-Per barrel $3.50.
Lard-Per 100 pounds. $S.9215.
Short Clear Sides-(BOXed). 50. 75G9.S7ia.
Whsky-Basis of high wines. $129.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17
Stocks in San Francisco.

The closing quotations on Nevada stocks
in San Francisco yesterday, as reported
over the private wires of James A Poll
lock * Co. were as follows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17
Mines and Mining Stocks

shaft is still going down, and the pros
pecting of assures cut some time back
is progressing with most encouraging re-
suits
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17


The Nevada Central Railroad COM
pany has established a daily train
service between Battle Mountain and
Austin. Trains leave Battle Mountain
at 1880 a m, arriving at Austin at
1 p. m. daily. except Sundays Stage
leaves for Manhattan and intermedi-
ate mining camps Immediately upon
arrival of train. The service via this
route is first class.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17
Financial and Commercial

and Mr.. Schrott promises that it will not
be long till he has ore headed for lhe
smeterS here
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17
Open Board.

Beck Tunnel 1,SOO at soc; LOO at zoe;
400 at 7Sc.
Columbus Consolidated, 800 at s745
Carisa, 1,000 at &c.
Daly-Judge. so at S11.371k.
keystone. 1856 at coke
Little Bell, 100 at $40.
May Day, 5000 at 14c: 1000 at 131bc;
1000 at 13c
Nevada Hills, LISP at $40; 500 at s..
100 at 81. 321s 100 at s227jb.
New York, 100 at 32c; Loco at 3Sc; 800
at 331bc. buyer 80 days.
Star Consolidated, 425 at 10c.
South Columbus, 100 at 46c; 500 at 47c;
!, 600 at 47c, seller 90 days; LOCO at 4712c.
Thompson. 500 at 3514c; POO at &c.
Shares sold. 50. 522.
Selling value, $1S,Sl4.S7.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17
M etaI NJ arkets.

Silver. 6534c per ounce.
Copper (casting). 1Sc per pound.
Lead, 1915 per 100 pounds.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17
Chicago. july 16.-On the

Chicago, July lion the produce ex-
change today the butter market was
steady; creameries, 15q1912c; dairies 15G
17i2c
Eggs-Steady; at mark cases included.
12614l5c; firsts, 141ae; prime firsts, Ice;
extras, 1Sc.
Cheese-F'irm l1Ml13c
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17

would be a kick. In that event. it was
understood that all miEes would close
down tight.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-17
NJ anhattan.
Forenoon Sales.

Carisa, 500 at &c.
Star Consolidated, 2100 at 1Oc.
New York. 800 at S01ac; 1000 at 31c; l, 100
at 3lI5c; 1,500 at 32c.
The Roswell daily record. [volume] (Roswell, N.M.) 1903-current, 1906-11-23
Proposals for Bridge.

The Board of County Commission
ers of Chaves county, N. NJ, will con
slider sealed bids for the construction
of a public highway bridge, of metal
on steel, ~concrete-f1led cylinders, at
a point to be determined by said
Board at time proposals are consid-
cred, over one of three sites selected
by a commission appointed for that
purpose near Dexter, N. NJ.
Each bidder will furnish, at his
own expense, and file with his bid
plans and specifications for the con-
s%truction of said bridge and a certi-
fed check for 100000 that he will
enter contract and file bond for the
faithful performance of contract.
Successful bidder to furnish all
material n complete bridge at his
own expense.
Length of bridge 800, 312 or 400
feet. All bids should be filed with the
Probate Clerk at Roswell, N. NJ, not
later than IL O'Clock, noon, Decem-
Der 3, 1906.
The Board reserves the right to
reject any and all bids.
By order of the Board at Roswell,
N. NJ, Oct. &c, 1906.
w. M. ATKINSON,
Chairman.