davidaulloa/AmericanStories huggingface dataset:
Mohave County miner., 1907-07-06

J. George Hately, who formerly re- sided in Kingman, has an article on the mines of the Monument Peak country and Empire Flat, accom- panied by sketch map of the district, in the last issue of the Mining World. The article treats of the two camps and their ore bearing veins in an interest ing manner. MT. Hately is now the manager for the co-Gold-Copper company, operating in the Guinopa district. Chihuahua, Mexico. The ar ticle is we'll worth perusing and pre- serving.
Mohave County miner., 1907-07-06

MT. COle, UHc youuS SurVeyOT, WnO was in Kingman a number of days last week, departed to the McCracken mines last Saturday evening It is understood that the Western Develop ment company, composed of Chicago people, has put up 5,00OS for the pur- pose of sampling the McCracken mines and making surveys of the properties. Estimates will be made of the cost of building a railroad to the mines from the Santa Fe at or near Yucca. The building of this line of road would open up great mineral section, as it would cover the Bill Williams Fork section to Planet, where there are big veins of copper hearing ores, the Owen and Rawhide mining districts where great veins of copper, silver, gold and lead are known to exist. The McCracken properties alone are capable of sending out hundreds of tons of finished product daily, while the other mines could be made to furnish a big tonnage of ore. Shelters would have to be put in to handle the ores from the several districts, which would make that section one of the greatest shelter centers of the terri tory. R. P. Wheeler, who is at the head of the Nonpareil mining con- pany, is promoting the deal.
Mohave County miner., 1907-07-06

Edna Steen was up from Yucca yes terday and reports the arrival at that place of a party of men who are to make thorough examination of the McCracken properties. She also re- ports a number of mining men passing through there on their way to mining property in the south part of the coun- ty. The little town is prosperous, be- ing the distributing point for northern Yuma and southern Mohave county.
Mohave County miner., 1907-07-06

now standing.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-31
THE COTTON MARKET.

NEW YORK, Dec. Si.-The cotton mar
ket opened steady at a decline OF 1 point
to an advance of 81 points in response to
the cables which failed to meet expecta-
lions based on Yesterdays close on near
positions, but was fully as good as due 1n
later months. Business here was quiet
during the early session, but the market
ruled steady to firm and shortly after Tie
opening tie active months were about 8 to
10 points net higher on buying by New
Orleans and Wall street. Some Of the To-
cal traders sold on the bulge on the reac-
ton theory and during the middle of the
morning prices were 4 or 5 points off from
the best, although the undertone con-
tinued steady owing to reports OF firTn-
ness in the interior and the absence of
aggressive pressure. Tomorrow and Thurs
day are holidays in Liverpool and New
Orleans. The local market will be closed
tomorrow, but will reopen for business
on Thursday morning.
While business was cuiet late in the
forenoon the market held steady on a
moderate demand from Wall Street. with
prices at midday about 8 to 5 points net
higher,
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-31
CHICAGO GRAIN MARKET.

CHICAGO. Dec. 31.-Following the de-
cline of nearly three cents, which occurred
yesterday in the price Of wheat for Nav
delivery the market today was again very
weak because of renewed liquidation. A
little frmness was manifested at the open
Ing of the market owing to the steadiness
of the wheat market at Liverpool. but
prices soon slumEed sharply on lack Of
support, May selling off nearly two cents
from the highest poin. which was reached
on initial transactions. May opened a
shade to s@Ac higher at LOS to 1.Gss, ard
declined to 1.03%. Minneapolis, Duluth and
Chicago reported receipts OF All cars
against 5SS last week and a holiday a year
ago.
May corn opened a shade to &c highe.
at 59ss to 59hQes and sold off to oS%.
Local receipts were S6 cars with IA of
contract grade.
May oats opened unchanged at 81 and
sold off to 5Sss. Local receipts we're $40
cars.
May provisions opened weak: pork off
TIC at 1905; lard &c lowe at 1880, and RIB
sc lower at 7.@.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-31
BURNING POWDERED COAL
It's Use Results in More Efficient Com
bustion and Is an Economizer.

To sum up the situation with regard
to the use of powdered coal in steam
boiler practise. writes w. d. Ennis in
the Engineering Magazine, it would
seem that the expense of pulverizing is
not entirely offset by the saving in fire
room labor, under usual conditions. AS
suminge however, a loss of twenty
cents per ton due to the cost of pulver-
izing, this is a small percentage Of the
cost of the coal as compared with the
percentage to be saved by the more
efficient combustion which powdered
fuel induces. This more efficient COM
bustion now SO widely sought in boiler
urnac operation seems to be more
readily obtainable by the use of pulver-
lied coal than by any other method at
present offered.
In industrial applications aside from
steam production, powdered coal pre-
sents great opportunities for saving. In
general, the slight additional cost for
pulverizing is more than offset by the
relatively higher price in most localities
of either fuel, oil or natural gas. In
such special locations, for applications
in which ordinary coal is impracticable
no fuel Is as cheap as p~ulverized coaI.
Considerations of speed in production
have led in metallurgical and other es-
adjustments to the widespread use Of
oil or gas even at a cost per heat-unit
twice as great as that of coal, Pow
dered coal would be equally convenient
and quick, and far more economical.
for the operation of varnish kettles,
annealing furnaces. drop forge fur-
naces, brass foundry crucibles, enamel
ing furnaces, collaborating machines,
Hanging furnaces, steam-hammer fur
naces, rivet and bolt heaters, etc. The
only possible competitor Of powdered
coal in these applications would be in
dustrial gas. For the steam automo-
bile, the dispensing of dust fuel from
established depots would effect a a v
ing of 80 per cent. in the cost Of fuel
would permit of perfect regulation from
outside, continuous and automatic feed
ing of fuel, high efficiency. smokeIess-
ness and cleanliness.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-31
WHY PANIC WAS BRIEF.
Country in Better Condition to With
stand the Strain.

AS compared with the most recent OF the
panies, that in Cleveland's second term,
our situation, at all points, has been
vastly improved. The Treasury deficit of
1893 makes a sorry showing besides the
large surplus of 1907. The SIS, 00O. 900 of an
adverse balance in our foreign trade in the
former year Is replaced by a favorable
balance of SAT, 0 1000 in the latter year.
While Cleveland could not keep our Treas
ury gold stock up to the 800, 900, 900 mark,
even by his successive bono sales amount
ing to $262, 900, 900 in the aggregate. Roose-
welt has a large excess of gold over the
$3.50 % 10000 redemption fund. Our mines,
which produced $50, 100000 Of gold in 1898,
turned out over 800, 0OO,O in 1907. The
money in trade channels has Increased so
much faster than population that the S23
per capita circulation then has expanded
10 va now, says Charles M. Harvey, in
Leslies Weekly.
Bank clearing and railroad earnings.
which are an accurate index of the volume
Of our great activities, have, since 1853: ffsa
as our population. Savings bank~deposits
have, between those two years,
In a FAR larger proportion than has the
number ,af the working people of the coun-
try. These register the great Increase In
wages which has taken place In the inter-
val, and reflect the advance in the general
level of prosperity which has taken place
in the same period. The value of the prod
ucts of the country's farms, which was
81, 500.0 900 in 1893, was according to the
report of the Secretary of Agriculture, over
81, 000,0 900, 900 in 1907. The United States has
expanded so rapidly in recent years that
while we have only s per cent. of the
worlds population, we produce 20 per cent.
of the worlds wheat, 25 per cent. of its
gold, 80 per cent. of it's coal, IS per cent. OF
Its manufactures, 80 per cent. of its silver,
40 per cent. of it's iron, AZ per cent. of its
steel, 50 per cent. of its petroleum, So per
cent. Of its copper, 70 per cent. of its cot
ton and so per cent of its corn.
These things tell why we were able to
get $50, 10000 0 of gold from the outside
world during the recent furry, although
the big government banks of Europe raised
their discount rates in the attempt to di-
minish the stream which we drew to us.
These Things also tell why 1t is that the
passingl will be short and mild compared
with the financial disasters which often In
the past precipitated themselves upon the
country.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-31
WALL STREET
COPPER W ADVANCE
U. p. CAUSED.
Bearish Tendency Soon Kills the Mod
crate Rise Apparent at
Opening.

NEW YORK. Dec. 31.-There were no
notable changes from last nights prices
in the opening quotations today for stocks.
A few small losses were mingled with the
prevailing fractional gains. Anaconda fell
/ and Colorado Fuel rose y.
IL a. ma moderate rise occurred which
was assisted in large part by the obsorp-
ton of Reading and Union Pacific. Pres
sure against Amalgamated Copper and
profit taking at other points subsequently,
wiped out nearly all of the advance.
Pacific Coast had been "a, Delaware and
Hudson 2, and American Tobacco pre-
ferred 2, Colorado and Southern first pre-
ferred and Virginia Carolina Chemical IA.
S~loss-Sheffield Steel and American Beet
Sugar IL, Kansas and Texas preferred,
Kansas City Southern preferred and
Mac<ay Companies preferred IA, and
Reading, Union Pacific, Canadian Pacific,
Northern Pacific, Colorado and Southern
and Central Leather preferred l. New
York Air Brake fell 2h.
Noon-Individual stocks made advances,
but the general drift was backwards and
demand was insignificant. New York, Chi
cago and st. Louis second preferred rose 2,
Metropolitan preferred ia,
National Biscuit Ia, Hooking Valley Trust
receipts IL, U. S. Pipe preferred 1b and
Northwestern and Rutland preferred 1.
Bonds were strong.
i p. m.-The market grew heavier and
exceedingly dull, but the recessions from
the noon level were slight. Pennsylvania
lost l and United Railway and Invest
ment ~. Maekay companies gained 2.
2 .. m.-The publication of the %unfavor-
able November net earnings of the Atchi-
son induced liquidation Of that stock,
which cost it Ia in price and caused SYM
no fla ofin donlfnnc alGnuyhnro Gntfhnrn
Pacific, Reading and Northern Pacific re-
coded l and Missouri Pacific 2. CRANKY
Mining gained AZ and American Cotton
Oil 1.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-31
PAY INTEREST
CONSOLIDATED STEAMSHIP
LINES TO DEFAULT.
Can't Meet Coupons on $50, 900, 900
Bonds Maturing Today, Because of
Heavy Payments for Ships.

NEW YORK. Dec. 31.-Announcement
was made last night on behalf of the Con-
solidated Steamship Lines by N. ii. Camp
bell, the treasurer, that the company
would default on the interest on its $780,
100000 collateral trust bonds, due today
The official statement explains the ,rea-
sons for the default:
THE inability of the company to make
the payment Of interest on its bonds on
the above date is chiefly due TO the fact
that while 1t has made most substantial
earnings, after paying interest on the I'M
DERIVING bonds and all other interest and
general charges, owing to the prevailing
financial conditions. 1t has been compelled
to devote its earnings TO the aymen for
new ships recently completed or under
construction, and hence is unable to meet
the coupons maturing on the above date"
The Consolidated Steamship Company
is popularity known as the Morse Coast
wise Steamship Combination.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-31
BUSINESS AND FINANCE.
So, 1929, 152 DECREASE IN
GOVERNMENT RECEIPTS.

WASHINGTON, Dec 31.-The forth
coming report of the government receipts
and expenditures for the month ending
today will show a decrease in the receipts.
as compared with December last year, of
sS,o29' lb2, and an Increase in expenditures
of $ 1881, Ala.
The largest decrease in the receipts is
from customs. where the loss is 1886. s5s.
internal revenue shows a decrease of 81
i0S,645, and miscellaneous receipts al in
crease OF N,1S5,452. The several items of
expenditure shows an increase in civil
and miscellaneous Of SO, 800 900; In war an
increase of s. 1850. 900; in navy an increase
of nearly $4,00O.00
For pensions there was an Increase Of
100000. For public works the expendi-
lures for the month were nearly double
those for December, 1906, the Increase
being "a, 843, I'll to IS, 500, 900.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-31
RAPS Low TARIFF
WOULD INCREASE DRAIN ON
WOOD PULP MATERIAL.
Congressman Littleheld Disagrees with
President, Saying That Reduction
Would Diminish Forest Supply.

PORTLAND, Me, Dec. S1.-Congressman
Charles e. Littleield, of Maine, In a speech
before the Portland Club last night on
Forests and Tariff on Wood Pulp" took
issue with President Roosevelt on the
proposition to reduce the tariff on wood
pulp, claiming that such action would tend
to increase rather than diminish the drain
on American forests. He argued that
President Roosevelt's suggestion that the
Canadian government shall not impose an
export duty will not be followed by that
government, as an agitation to that end
has already been started. The American
manufacturers of paper, he declared, would
then be forced to seek their pulp wholly
in American forests on account Of the high
price which the Canadian product would
command.
Regarding the protective tariff in gen
eral. Congressman Littlefield said in part:
''There will be a general revision of the
tariff some time in the near future, but
there will not be, nor is there, any neces-
sity of a revision of any particular scheduie
Mt this time. | prophesy that we will have
tariff reform some time in the future. That
part of the country in which you and l
now live will not exercise a
influence in that revision. The suggestions
which will come from the committee on
ways and means will be submitted on
caucus of the Republican members of the
House and Senate. In that caucus those
States west of Pennsylvania will have a
majority of sixty over those States east
of Pennsylvania. When you realize what
that majority of sixty means you VIII real
ize that there never will be another tarln
schedule thai will treat the industries Oh
New England with the consideration that
they enjoy today"
He said in closing:
81 am willing to reduce the tariff arecting
any industry when it appears that 1t can
pay a reasonable return on the investment
and can pay the high standard of American
wages, without that aid"
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-31
THE D MARKET.

NEW YORK, Dee. observation-disclosures,
81, $50; sales, 1900; dull and barely steady.
Wheat-Receipts, 122,O00; sales, 10000;
| although wheat had O strong and excited
opening, due 20 bullish cables, it soon
gave way under liquidation and the holt
day feeling and broke &c a bushel before
noon. January. 105sS41063s; May, l1034 .
112%; July, 104#9106.
Rye-Dull; No ? Western, 81 (. o. b.
New York.
Corn-Receipts, 9,T75: sales, $1,000; there
was a cent break in December corn this
morning while May opened higher with
the West. Later all options turned weak.
December. as; May, 6SS@6Sss.
Realistically.
P~ork-steady: family, 17.5c@1s.Oo; short
clear, T.75@16.50.
Lard-Easy; Western prime, S.O01S.10.
Sugar-Raw. Arm; fair refining, 330M3.35.
centrifugal, So test, 3.8S; molasses sugar.
3.00@3.O5. Refined, steady; crushed, $50.
powdered. 4.S0; graduated, 4.s0.
Petroleum-Steady; refined, all ports, $40
Conee-ouiet; No. Z Rio, s1-1s; No. 4
Santos 8.
Molasses-Steady: New Orleans, 34642.
Poultry-Dressed. steady: Western chick
ems. 1920; turkeys, 15GiS: fowls. 7d12.
Butter-Steady. unchanged; receipts,
1911.
Cheese-Quiets receipts, 2.4l7.
Eggs-Firm. receipts, 9,l61. Western
first, 2o5ks seconds. 24Q25.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-31
1852 KILLED IN YEAR;
22.3O7 WERE INJURED.
21,512 Met Death in Earthquakes,
Landslides, Etc.-229 Auto
mobile Fatalities.

NEW YORK. Dec. 31.-A summary of
the accidents of the year published here
states that 57,919 persons have been killed
and injured in accidents during the year,
35.6l2 having been killed and 22,307 injured.
Some of the larger items OF the list are
as follows: Earthquakes, landslides, ETC..
21.5l2 killed, 1902 injured; explosions and
mine disasters. S,0S6 killed, 2.721 injured;
storms and floods, 1903 killed, 1868 injured
railroad wrecks. S11 killed, 1853 Injured;
automobile accidents, 229 killed, 74 In
iured; firearms, 1877 killed, 3,97S injured.
Among other deaths are 2,269, lost in
wrecks Of vessels and 1872 in other drown
ings.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-31
N AND EXCHANGE.

Call money In New York 1920 per cent
New York Clearing House statement: EN-
hanges, $237, 255, 700; balances, S1S,SO2,Soz
sub-treasury credit, $91,773.
Commercial bar liver in New York, oS7:
cents: Mexican dollars, 43 cents, and bar
silver in London, 24Bd.
Paris rentes 50 francs rs centimes. Parts
private rate of discount, 4@4A per cent.
exchange on London, % francs 10 cen
times. Berlin private rate Of discount, "a
per cent. exchange on London, 70 marks
50la pigs.
Money on call in London s1sd7 per cent.
Rate of discount for short bills. 51s@5% per
cent. three months bills, 5ksg59s per cent.
Consols for money, SO 11-16d. for account
"a 1-16d.
Foreign exchange market held a steaoy
tone. Demand sterling was quoted 4.ofSl
d4. 1890: cables, 4.s6%@4.8 $500; sixty day
bills, 4.7s1h; short francs, 5,19S@5.1S% less
LID: -reichmarkS, "a 7-16.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-31
EARNINGS.

Atchison. for November, gross $S,021 125,
Increase $685. 53; operating expenses $6,040,-
III, increase 81, 254,O OF; net $3.50. 407, de-
crease 5 ,1S4, 224; taxes and rentals $2SS, 0OS,
increase $SS, 71s; net 81, 742, 399. decrease ST.
222,94S. From July 1, gross S40,59 146, in
crease 81, S0S, $50; operating expenses $685.
67S, 1853, increase $6,06S, $50; net $11, 1926, 977, de-
crease 1920, 4S9; taxes and rentals 81, 2O2, :
SIG, increase 1926. 7OS; net income s10,7 2S, AGO.
decrease s.. 49,. 19S.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-31
BUSINESS IN CHILE.
Favorable Banking Exhibit-currency
Observation-Disclosures Our Trade.

Consul Alfred A. Winslow, of Valparaiso,
reports thai the outlook for prosperous
business conditions for Chile for the next
year is excellent, ant furnishes some par
~ticulars:
Laborers in this country are all en-
ployed at good wages, and the crops
promise well, with prices for farm prod
ucts very high. The last bank statement
for all the banks of Chile, which has just
been published. makes an excellent show
ing as compared with the previous six
months exhibit. The statement in United
States currency follows;
Items. 1907. 1907
1907. 1907.
Capital paid in........ $51, 4SS, 44O 500, 1864
Total resources ....... 272, 1914 30S, 674, III
Cash deposits ......... 142, IFS, $3.50 ITS, 295, 902
Surplus .............. 8,626,2l6 1926, 40
This favorable showing is followed by
the increased customs receipts for the first
nine months of 1907, which show a gain
for that time of So, 1884 $50, the total for
the nine months being $5. 1882 61. About
20 per cent. of the increase was on Inn
ports and 80 per cent. on the export OF
nitrates and the by-products- The govern
ment has some important public improve
ments under way, and private interests
are making extensive improvements, es-
pecially at Valparaiso and in. the vicinity.
There is only one cloud on the horizon
of any Importance, and that is the depre-
Shortly after the beginning of 1907, gold
was at a premium of only rs per cent,
while on October l it was So per cent,
with very little promise of better condi-
tons, rs a new issue of paper money is
being put out by the government TO the
amount of $30,0O0,O00 with practically no
redemption fund to back it.
1t Is a satisfaction to note hat Ameri-
can exporters are taking advantage Of the
opening for business in this part of the
world. This consulate is receiving three
times more inquiries from manufacturers
and exporters than one year ago, and the
information Is surely bearing fruit, as the
imports into Chile from the United States
for the first eleven months of the fiscal
year ending June 80, 1907, were SIG, $50, 1852
United States currency, against $12, 49,, SO
for the same period of the previous year.
This shows an increase Of nearly 80 per
cent. This should be made SO per cent.
for the present fiscal year ending June 80,
1908, and will if the American exporter
makes the most of the existing conditions.
Now Is the time to send good statesmen
into the field, for the people are ready to
consider the best America has to offer.
More American statesmen have done busi-
ness in Chile in the past six months than
ever visited this part of the world before
in a year.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-31
DIVIDEND DECLARATIONS.

Minneapolis General Electric Company,
semi-annual of 50 per share on preferred
stock and of 81 per share on its common
stock, payable February /, to stockholders
Of record January 16.
National Bank of Cuba, regular semi
annual of 4 per cent, payable January l;
books close December q, reopen January 2.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-31
rHE LONDON MARKET.

LONDON. Dec. s1.-American securi-
ties opened quiet and about unchanged
today. Trading was limited during the
early session and prices at noon ranged
from 4 below to u above yesterdays
New York closing.
The market closed steady on New York
buying of favorltes.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-31
CHILEAN I ENDS.

WASHINGTON. Dec. 31.7John Hicks,
United States Minister TO Chile has sent
a dispatch TO the State Department an
n%ouncing hat the recent troubles in
Iquique caused by the strike of the
nitrate workers have entirely quieted
down and thai most of the men have
returned to work.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-31

II fell in love at first sight" said the
New York girl. Il don't suppose any of
you Boston girls ever dc that?"
mo replied the girl from the Hub.
fMost OF us Boston girls wear glasses, you
Iknowt''-YonkerS Statesman.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-31
FACTORIES

DAYTON, O., Dec. d.-Local Industrial
conditions show unmistakable improve
ment, all factories In the city apparently
being on the threshold of another period
Of prosperity. The Plat iron works will
resume January 2 and the Davis Sewing
Machine Company on the 9Th, both on full
time n with their entire forces. The
Barney & Smith car works will also soon
increase their force. About 1850 men are
affected.
The evening star and Newark advertiser. [volume] (Newark, N.J.) 1907-1908, 1907-12-31

MILLvILLE, Dec. 31.-Three thou
and glass operators returned to their
work in the large plants of whitall,
Tatum Company and T. c.. Wheaton
Company's factories this morning. That
of the Millville glass plants before
July l is very improbable, as both COM
panies claim they were never more
rushed with orders than at the present
time