davidaulloa/AmericanStories huggingface dataset:
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-02-16
STOCK MARKET
CONTINUES WEAK
At Opening Enough Buying Or.
ders Appeared to Cause
Some Rallies.
ADVANCES SOON SURRENDER.
There Were Recovcrics, Offerings, Slid
ings Back and General
Irregularity.

New York Feb. Sufficient buying
orders appeared AT the opening Of tho
stock market today to rally some stocks
from the depression IN which the market
closed last night At other points the
pressure continued. There we're opening
gains Of IA IN Lead and Northern Pacific
and point In Reading and Smelling. Col
orado Fuel. Sugar and New York Central
were up large fractions ID. & K. q. lost
IL and Wabash preferred Il.
The bulk Of the commissions in the
hands of brokers were purchasing orders
ana the room traders, seeing the direction
OF the outside market bid up the favorite
stocks for time and helped the rise
along Advances reached substantial pro-
portions In number OF the stocks that
had been especially weak yesterday
Great Northern preferred and New York,
shleaso 81. LOUIS gained @ Colorado X
southern frst preferred Ia and New York
central, Ontario q Western and Coloradv
Fuel l. These improvements and num-
her Of Others OF similar Importance were
surrendered under renewed large selling
az the higher prices. Colorado Fuel anu
Tennessee Coal fell l. Northern Pacific
was down ?, sloss Steel "a and Delaware
& Hudson 3.
Prices fell below last night throughout,
but the market became quiet at rally
at II o'clock
Union Pacific ST. Paul Atchson, Mis-
souri, Pacific, Canadian Pacific, b. r. r.
aud others yielded a point or more before
the decline was checked, U. y. Reduction
preferred lost 3, Anaconda AZ and Ameri-
can Express .. The slow hardening move
ment which followed made up much of tho
decline. Great Northern preferred rose
4is oyer last night, Northern Pacific q,
and Northwestern !. The volume OF bust
ness during the second hour showed ms =
terial shrinkage from that OF the first
hour
Bonds were heavy at noon.
When the list got back to within meas
urahle distance OF yesterdays closing
prices slipped back again and some OF the
coaleTs and grain carriers reacted point.
Pressed Steel Car sold | and ~, above
yesterdays closing while Westinghouse
Electric was quoted and Chicago, St
Paul Minneapolis a. Omaha preferred
below.
An Irregular recovery set In about the
middle OF the afternoon In which some
stocks recovered to their earlier top fig
ures or above notably Reading. New York
Central. Smelling, Lead and Colorado
Fuel, Smeltngs gained "a
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-02-16
THE GIBRALTER MINES.
Venture Corporation Interests Become
Identified with Them.

President Baker Of the Venture corr
poration has confirmed the report cir
oulated to the effect that he mas per-
sonally, becomes Interested. with asso-
ciatcs, In the Gibraltar mines ut Bull
frog, New.
While the stock may stlll be consid-
cred somewhat speculative said Mr.
Baker 1T is my opinion that IL Is
worth more than its selling price and
should In the course Of q few years be
very valuable. our reports Indicate that
the property Is being opened UP in
such "a manner as to warrant expecting
the development of a mine"
The Gibraltar company owns "A choice
location OF claims ON Bonanza Noun
tain az Bullfrog. The company has a
capital stock of sl,j0O,000. The claims
constituting this property cover about
40 acres of ground ana are situated
about one-fourth of a mile from the
town of Bullfrog. IN the southeastern
slope Of Bonanza Mountain. The area
embraced reaches from very near the
town OF Rhyoltc TO f3ullfrog The main
tunnel OF the property Is at an altl-
tude OF about 1000 feet, just at the
foot OF precipitous sides Of the noun
tain. which rise 10 ali altitude of about
5000 feet, The main wagon road be-
tween Goldhcld Bullfrog and Rhyolite
passes directly across the property.
The local people most heavily inter-
csted In the Gibraltar mines are w. V.
Rice and james Farrell,
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-02-16
HEfNzE FOR PRESIDENT.
Copper Niagnatc Slated to Head Amer.
lean Con. Copper Company.

The mystery which has pervaded local
mining circles relative to the fate Of
Bingham Consolidated for several
weeks past has been considerably clear
cd up since yesterday. aud late In the
day message from Boston reached
this city which was in the nature OF
confirmation OF the story printed In
the mining department of the News"
yesterday.
The Boston advlces are TO the effect
that Il. Augustus HelhN has been ask
ed to head the big Coram syndicate.
or the American Consolidated Copper
company, which was organized under
the laws OF the state OF Maine with cap
ital stock OF $4,000, 600
In connection with the foregoing.
President White OF the Montana Coal
a Coke company. and who Is also at
the head of the bingham Consolidated
issued the following statement to share
holders
40 the Board OF Directors OF the
Montana Coal q Coke Company.
"Gentlemen--l hereby make the fol-
loving OFFER to the stockholders OF the
Montana Coal & Coke company through
you; | win exchange one share OF
American Consolidated Copper company
stock for each eight shares OF the Mon
ylded a majority OF the shares can be
acquied for exchange on or before the
18th day Of February 1906 For the
purpose of carrying out this offer. the
stockholders OF the Montana Coal &
Coke company may deposit their stock
with the Federal Trust company, o.
MIX street Boston. and receive there
for negotiable receipts In exchange sat-
isfactory tn the Boston stock exchange,
THE American Consolidated Copper
company has been organized under tho
lf'ys of the state OF Maine with total
authorized capital OF $3.50 900, 600 d.
vided into 1900 600 shares of the par
value OF 800 each
"The first issue will be 365. Oo0 shares
or q total OF SAG, son. 600. and no addition
al stock can he issued for less than its
par value. 300 per share.
1.-THE company viii have In it's treas
ury ash working capital Of 81. 900 900
and will own n very large group OF
copper mines In the center OF the min
eral district of Butte, Mont. including
the properties known as the Davis es-
tate mines and the DAILY Mining COM
pany's mines of the estate OF the late
Marcus DAILY.
"These properties have been reported
upon for the American Consolidated
Copper company by Captain G. r. Pal
mer. f. " Wilson. Captain Ben Tibbey
Captain Duncan McVirhle and Carol
IT, Hand Their reports are exceedingly
favorable. and show net earnings on n
production OF 1000 tons n day Of 81
i0715o per annum. which Is equal 70 %
per cent earnings on the s36.soO, 900 10 be
iesued
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-02-16

early part OF the session held within
the opening range.
Minneapolis, Duluth and Chicago re-
ported receipts 81 800 cars against 272
cars year ago.
Free selling by cash houses end pit trad
ers weakened the corn market. The sell
ing was due 10 lower cables, liberal re.
celpts and favorable weather for the
movement Of the crop. Commission houses
were active buyers OF May. At the open
ing May was u TO u lower at AZ to iSt.
Oats were easier In sympathy with tho
weakness Of it's grains. Trading was quiet
and business mainly Of local character,
Moy opened unchanged 70 4 lower at IN
to 1875 and sold on to 29tsq29A.
decline IL aoss STARED nas a general sell
Is cents lower at 10 2ta to lbs, and sold
up to Is. ". Lard opened 2lggS cents low
er at 7.s2iaGpi S2isq7 IS, and sold at 7,S
Ribs opened cents lower at S.l0 and ad-
vanced TO s.l2ls
NEW YORK.
New York, Feb. l6-Sugar, raw. Arm.
Fair refining ~; centrifugal. .% test,
8 ll-32n3As; molasses sugar, 2ts.
Reiined-Quiet. Crushed. 4,j0, powder
ed, 100; graduated 40 "a
Coffee--Quiet. No. 7. Rio, Ss.
Butter--f'irm. street extra creamery,
2i official prices, creamery common to
extra, l6QHla renovated, common to ex-
ira. i5qi2O; western imitation creamery ex-
tras, DW2l; do, firsts, ~.
Cheese aud Eggs-Unchansed.
SAN FRANCISCO GRAIN.
San Francisco. Feb Wheat Steady.
May, .3?ih, Dec. .2SA.
Barley-Steady May. liz; Dec, o.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-02-16
|} MINING, BUSINESS AND STOCKS
PROGRAM CARRIED OUT.
Wabash shareholders Met and Auth
orixcd Increase In Capital Stock.

in accordance with The program OUT
lined ror tAe futufe OF tnat company,
the shareholders oil the WABASH Mining
company met yesterday afternoon and
passed a resolution authorizing an Ia
crease ot the capitalization from SJV,-
0VO shafes OF the par value OF 81 each,
to 100000 SHARES VI Che par value OF
50 each. The increased amount and the
$4,000 shares tnat remained In the
treasury unsoid under the old organiza-
tion 20 be made -assesssbfe.
Following this action President Ire
week transferred to the new company
all the new properties acquired and
paid Tor or he'd under option in mis-
name and all unfinished business Will
now be completed In the name OF the
wabash Mining company. A pool
agreement was also entered into by
nearly all the stockholders represented
to pooi their stock until September.
During President Treweek's eastern
trip, II Is said, ne arranged for the plac-
Ing Of a large block of the treasury
stock Of The company at a good figure.
but Just what the plans OF tae WABASH
are for the future remains To be seen
President Trewoek says the time is not
ripe TO release them.
The amended articles Of Incorporation
were filed In the office OF the secretary
OF state yesterday afternoon.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-02-16
SCHM|TTRO7H OUT
OF CON. JEFFERSON
&. W. Neiman Chosen to Succeed
The Former President and
General Manager.
r. A. HOOCK, VICE PRESIDENT.
Vigorous Campaign of Development To
BE Carried On--Property Near
Little Cottonwood Canyon.

The stockholders Of the Consolidated
Jefferson Gold and Silver Mining COM
pany held quite a stormy session yes
tcrday afternoon, which finally result
ed In the resignation OF General Man
ager Nicholas Schmittroth, under
whose direction the property has been
operated for several years. The place
vacated by Mr.. Schmittroth was filed
by the clection OF II. w. Neiman OF
Omaha, who was also made president
of the company and y. a. Hoock, the
we'll knOwn salt Lake business man
was called upon to serve the corpora
tion az vice president These were the
only changes made In the board OF d.
Yectors. Secy. Butler was also retain
ed.
A proposition to borrow S2bO,000
with which tn carry on future Develop
ment OF the property. giving the pro-
perry az security for the loan was turn
ed down.
The board OF directors held meet
ing this morning and will probably
hold another one tomorrow at which
plans for the future development or
the mine will be discussed
The Consolidated Jefferson property
II located near the mouth OF Little
Cottonwood canyon II has produced
some high grade gold ore, but not In
very large quantity
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-02-16
NEVADA STOCKS.

James A. Pollock 4 Co., brokers. re-
ported the following quotations from
San Francisco today:
Golden Crown, offered. 81: Gold Bar.
69q72 Booth, 25Q26; May Queen, 75@
rs: Atlanta, 1911; Denver, gsql,o;
Montana-Tonopah. 297hqaO0; Tonopah
Midway, l921a@i.96; Mcnamara, 46QH;
Tonopah Belmont. $3.50 bid, North star,
54@56; Rescue, 1910; Jim Butler. l.O5G
l.O7h; Tonopah Com, lS2bdl9.o0; Ton
opah Extension, ll.00Q12.OO; Redtop,
l.sOQ1.95; Goldheld. T6qSo, Sandstone,
$50 offered Adams. 9diO: Mohawk, iS
m45: Dixie, 6di1: Kendall, s2qs4; CO.
lumbia Mountain. 2SQ25, Jumbo. LOG
l.72i2;f Jumbo Extension, 24@26 Silver
Pick, 1idl5; Golden Anchor, 1.6od 1.5S.
Goldfeld Great Bend. 23a24; Eclipse, 81
ass; National Bank. 27d2s; West End
2.25a2.30; st. Ives 22q23 Ohio-Tono-
pah, 4s9i9; Original Bullfrog, 22d2Si
Diamondheld, $685.: Hbme-Tonopah,
80 offered; Cash Boy. 23q2i; Con, Viz
ginia, l35ml.4o; Ophir. 5.75a5.s71a Cali
edonia, 50a5l Mexican, 1.20ql.2j; Ex-
chequer. ilq43; Norcross, I7dS0.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-02-16
CONCENTRATES.

A. j. BEETLES, chief netallurgist OF
the Newhouse mines, has been lndis-
posed for couple OF days,
Charles NJ. Schwab has been elected
president OF the Montgomery shoshoe
Mining company, operating at Bullfrog
New.
Samuel Mcintyre, president of the
Mammoth Mining company, came In
this morning from his big Nevada
ranch.
The Taylor e. Brunton samplers re-
ceived three cars OF ore from Tintic,
two from Bingham and three from Me-
yada today.
The directors Of the Columbus Min
ing company operating at Park City
have awarded a contract for 200 feet
of tunnel work.
Adrian y. Pembroke has been elected
a member OF the Salt Lake Stock *
Mining exchange, he having purchased
the seat formerly occupied by ]. $.
Bransford.
The ore and bullion settlements re-
ported late yesterday by Mccormick &
co. were as follows; Crude ore and
concentrate, s2l,3OO; base bullion, $780,
700.
During the first week of the month
British Columbia mines showed the fol-
lowing output CRANKY smeter. i9.0sS
tons; British Columbia Copper COM
pany. 1896 TONS Dominion copper smell
ter, 3,5I0 tons; total treatn e1t for week,
1854 tons.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-02-16
THE MONTANA DEAL.
What Montana Papers Say About End
Ing of Copper War

IN commenting on the big Helnze
mining deal, the contamination OF
which brought the Montana copper
war to an end three Of the leading pa
pers OF that state say:
Anaconda Staudard--"What Is of
most consequence to Butte and Ana
conda In the completion OF the deal is
the fact that mass OF litigation will
now be eliminated from the courts OF
the state--ltigation of vexing and
costly character-and there viii no
longer be likelihood OF thousands of
miners being thrown out OF employ
ment through the closing of mines by
injunctions In the neighborhood OF
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-02-16
SHOVEL AT THE CACTUS,
Manager Hanchctt Says IL VIII Work
ON Orc Within Thirty Days.

General Manager Lafayette Hanchett
OF the Newhouse mining interests, re-
turned from Beaver county this morn
ing. where ne went to note the progress
being made there with the operations Of
the big steam shovel which arrived at
the Cactus mine recently. The ma
chine, said Mr.. Hanchett, is working
splendidly, and is engaged in stripping
the saurface of the Gaping to the ore
feet In depth,
Mr.. Hanchett says the shovel will be
working on ore within a month, when
the mill will be supplied from that
source.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-02-16
RETURNED MISSIONARIES.

Have you a friend or acquaintance
IN your former field OF labor, to whom
YOU would like to send atcopy Of the
Semi Weekly News? II so. take ad-
vantage of our special offer. made to
aid the great missionary work. We
send the paper one year to any point
In the United States. Canada or Mex
leo at half price, 800 This does not
apply to points where there are regu-
lar wards or Stakes. Foreign postage
extra.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-02-16
GOSSIP OF THE WIRES.

The following Boston gossip came
over the Pollock wires today;
Paine says: The United Metal Selling
company. Phelps, Dodge r. Co, inter-
ests have no copper for sale under 1915
cents for March April and May deliN
cry. They have comparatively little
copper for sale in those months at amy
price. The legitimate quotations for
copper for delivery In the next three
months are 1sA@lSie not lS%dl7s
cents, as reported by some OF the trade
publications.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-02-16
VISITED BOSTON CON.

Former u s. Senator Warner Miller
of New York, and former Adjutant
General James RI. Dalton Of Massachu-
sets, arrived this morning, from the
west. and registered at the Knutsford.
They mad business at the Boston Con.
Offices. which they visited later. The
visitors are said 10 be extensive share
holders in the big Bingham company.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-02-16

the Salt Lake Stock and Mining FIX
change this afternoon. Carisa, which
Tintic property Is now being subjected
10 an expert examination, opened
strong and sold up to 29k cents and
closed In good tone Star Consolidated
also appeared In good form and was In
considerable demand.
on the open board there was quite
q little Inquiry for Columbus Consoli-
dated, the price huctuating Ohio Cop
per continued IN demand 800 shares
being supplied. at si,Sb.
The closing quotations and sales
were as follows:
Glazing ORION nrnN.c
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-02-16
HoNERINE TUNNEL.
Companies Interested Have Agreed on
4 Basis of Charges.

The minevwners OF Stockton. who
are interestd Ia the Honerlne drain
tunnel prospect, met at the offices OF
the Western Exploration company yes
friday for the, purpose of agreeing on
basis Of charges TO be exacted from
each company using the adit In the
movement OF ores 10 the surface.
Each company interested was repre-
scented by legal talent and. It Is said.
nm agreement satisfactory to all con-
cerned has been entered into.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-02-16
PRODUCE.


Chicago Feb. l6.--Isower cables and lib
eral shipments from Argentina caused
weakness today In the wheat market
mand was scattered, the principal buyers
being shorts. May opened x to a to ~
az lower at HA to AIz and during the
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-02-16
REGULAR CALL SALES.

REGULAR CALL SALES
Con, Mercur. 800 at So.
Daily, 100 at 20
Carisa. 500 az 2SM 1000 Mt 2s& 1000
Mt 2sgs 5000 AZ %, 600 at 29'R.
Grand Central 100 at 800
Star Con, 500 at "a; 800 at II 100
az liA; 1000 at liai 500 at lt$.
Butler-Liberal, 377 at a.
Yankee Con, 100 at 30iS.
OPEN BOARD SALES.
Beck Tunnel 800 at 52is
Carisa, 1900 at 90.
Columbus Con, 400 at $50 100 at
AIS 200 AT 49, 100 at AS: 100 al t,Sf
Copper Glance 900 at r.
May Day 1000 at 49, 1000 at l6, s.
so.
Ohio Copper. 800 az 1855.
Star Con, 800 at iiil
Thompson, 1000 at H.
q, REHABILITATION.
Shares. Value.
Regular call .. .......1S,O77 s29l6.s2
Open board ............. $500 6,216. Is
-----
Forenoon totals ...,.2l,777 $40 81
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-02-16
OMAHA.

Omaha, Feb. -Cattie-Receipts. 1900;
market slow 10 cents lower. Native steers
i.HGi560; cows and neifers, 3,0od4 Is: can-
ners 200di3.00 stockers and feeders 2. so
"a 20; calves, 3.00a6.2; bulls and stays
2.5O0.tO0.
lower, Heavy, 5.s2aQ5. 80; mixed, g. S2iadr
5S; lights. 5.I5@5.S6 pigs, 5.O0q5,S; bulk,
j.s2i4f6.s5.
Sheep-Receipts, 400; market slow and
easier Yearlugs. 5.60QG.9O: wethers, :, 40ql
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-02-16
WOOL.
ST. Louis

St Louis, Feb. l6.-Wool. Steady Ter
ritory and western mediums, 22fia9 fine
mediums. 2la25; fine, lsG2i.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1906-02-16
CARISA IN DEMAND.
Tintic Stock an Attraction During the
Regular Forenoon Call.

A little over $4,000 worth OF bust
ness was transacted on the floor OF
Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1906-12-07
THE SOUTH HAS NO
PROBLEM"

AS "a matter OF fact, come to think of
IL, the South has no 'negro problem
at all. We have settled it. The only
"problem" the South ever really had
was a political one, and that has been
arranged satisfactorily 10 the white
people and TO the better element of
the colored people, and we are satisfi-
ed. If the Northern people will keep
hands off. and attend to their own
business there will be no"race question ,
to discuss. The only place where the
"problem" is still unsolved is i'm those
states where the negro is a political
factor.
The fifteenth amendment, nor any
other amendment is giving the South
any trouble now. How TO raise more
cotton, corn, tobacco and grain, and
have better schools, is the South's
great problem. The "negro question, 4"
which the North thrust upon us we've
settled. Now let it be adjusted at
headquarters, where it originated and
is still unsettled.
Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1906-12-07
APPROPRIATE AND

If you wish TO give a Christine S
present that will bring most pleasure
and at the same time do the most last,
Ing good, give your friend or your re-
lative years subscription to The
Sunday School Times, The Woman's
Home Companion, Golfers Weekly
one or all of these great papers. Do
not omit the Youths Companion for
the younger members of the family. II
your friend has moved from your
county TO distant state nothing will
be more acceptable than your county
paper. These are gifts that cost but q
triile, and last all the year, and will be
useful as well as pleasing.
Clinch Valley news. [volume] (Jeffersonville, Va.) 18??-2019, 1906-12-07
A Valuable Agent.

The glycerine employed In DIR. Pierce's
medicines greatly enhances the medi-
cinal properties which IL extracts and
holds IA solution much better than alco-
hol would. II also possesses medicinal
properties OF its own, being q valuable
demulcent, nutritivc, antiseptlc and anti
ferment. II adds greatly To the efficacy
OF the Black Cherry bark, Golden Seal
tained in Golden Medical Discovery In
subduing chronic, or lingering coughs,
bronchial, throat and lung affections,
for all OF which these agents are recon-
mended by standard medical authorities.
In all cases where there is wasting
away OF flesh, loss OF appetite, with
weak stomach, as Ina the early stages OF
consumption, there can be no doubt that
glycerlne acts as valuable nutritive and
aids the Golden Seal root, Stone root
Queens root and Black Cherrybark in
promoting digestion and building up the
flesh and strength, controlling the cough
and bringing about healthy condition
Of the whole system. OF course, IL must
not be expected To work miracles. 1t will
not cure consumption except I'm its earlier
stages. IL will cure very severe, Obstin
ate, chronic coughs, bronchial and laryn-
gcal troubles, ard chronic sore throat
with hOarSeness. In acute coughs IL is
not so effective. 1t is In the lingering
coughs, or those OF long standing, even
when accompanied by bleeding from
lungs, that IL has performed its most
marvellous cures. Send for and read the
little book OF extracts, treating OF the
properties and uses OF the several med
icinal roots that enter into DR.. PIerce's
Golden Medical Discovery and learn t0hy
this medicine has such a wide range OF
application In the cure OF diseases, II IS
sent free. Address DIR. r. V. Pierce,
Buffalo, n. Y. The Discovery" con-
tains no alcohol or harmful, habit-form-
Ing drug. Ingredients all printed on each
bottle wrapper In plain English.
Sick people, especially those suffering
from diseases OF long standing, are invited
10 consult DIR. Pierce by letter. free. All
correspondence IL held as strictly private
and sacredly confidential. Address Dr.
X. V. Pierce. Buffalo, n. Y.
DIR. Pierce's Medical Adviser is sent free
on receipt OF stamps TO pay expense OF
mailing only. Send 81 One-cent stamps
for paper-covered, or 81 stamps for cloth
bound CODY.