davidaulloa/AmericanStories huggingface dataset:
Bisbee daily review., 1907-02-24
INNING SHELTERS MARKETS|
OFl
 RICH IRON ORE

PRESCOTT. Feb. 23,--w What prom isss to be one of the greatest discover. les Of iron ore ever made in the ter. ritory was brought to light when E. Holden of wiekenbafs. brought 10 that place some ins specimens of Iron ore which he had found in a mountain about twenty-sight miles from wickeB. burg. in the vicinity of the Ballard mIue. and twelve miles from Eagle station.
 Immediately after iiolden had dis. |olossd tha location of his discovery there was a rush for the district, and some loo location notices. In addition io the fiftythfee locations made by Holden, were soon conHpieu0usly post sd on the mountain. Despite this. Mr, Holden, who is . mining engineer oi many years experience. states that there are still many more claims to Dc had there Speaking Of the find, Mi Holden said
 "i; is surprising to me that thls Va menss body of orc was not discovered before. as there was trail leading di rsctiy across the very richest of the ore, which is as plain as day. and the eropplngs would almost talk to you. "Myreif and associates have located Hfty.tyo claims. and there are as many more to be had. Our Alliance group
Bisbee daily review., 1907-02-24
WIN|FRED DISTRICT
 LOOKS PROMISING
Great Activity Is Now Apparent All Over That Rich
 Section.

W. J. Turner. employed by the For tuna Mining company. at the Scarlet mine, near Phoenix, stated to a Phoenix Gazette repeater. that the company now has new shaft down fifty feet and work will be kept up until the shaft has reached T depth of coo feet. when cross-cuts will bs' made to the main vein or ore.
 An air compressor and hoist rqs been ordered by the company and other machinery will be installed at soon as it is found necessary. The Forbtna company has recenly DurJhas- s1 the Red Dog claim formerly own ea by Billy Williams. and will com. mence work on the property at an early date.
 Great activity Is being shown nj over the winifred district" saIu nlr Turner. John Hardin. who has COD per property situated in the sam dis trict. known as the Siocum. located six miles north Of the Fortuna prop | erty. now has six men at worK anC | already has sunk a shaft 100 feet. anC | expresses himself as willing to st
 several hundred feet more. UT unti
 results are gained"
 That there is gold in the WinifreC 1 district there is no doubt. and it il [ now up to some of the various com panies in that country to find it 1T paying quantities. If it is found. ant that undoubtedly will b4. it will be 2 great thing for the city of Phoeni2 as all supplies must come through there.
Bisbee daily review., 1907-02-24
TESTER & HICKS.
 Brokers.
Bisbee. Arlz.. Feb. 2l, l9O7.

Bisbee. Ariz., Feb. 21, 1907.
 The market is quite active in spors and the undertone is generally firm There is no special feature. Good buying Is noticeable in American, and this stock closed at s1S.00. having gained one point for the day. War ren also comes Tn for considerable attention. Calumet & Arizona ad- yanced again today with sales at s1s5. and stands at s193.5O bid al the close. North Butte and Coalition are quiet. Globe Consolidated shows bet ter demand this morning with little coming out under s17.75.
 Greene Consolidated sold down to $31.62, holding well at that figure Greene Cananea and Cananea central are unchanged. Wolverine & Arizona is firm around s3.25 and looks like g good buy. National Exploration cer- tificates are being delivered and with these In hand think trading in this stock will become more active. There are no noticeable changes in the balance of the list Tomorrow De- ing a legal holiday there will be nO market
 Closing Quotations:
Bisbee daily review., 1907-02-24

consists of twenty-Aix claims. and the ledge can bs traced Tor q distance of mile and half. and is fully 1000 feet in width. There are 10000 coo iOns Of ore in sight. all first class. the average of which is eS 10 7s per cent Iron. carrying values in gold. copper hnd lead
 Three thousand feet tO the east of the Alliance group is the Black Die. mond group. consisting Of tweDtyssix claims, and the showing here Is even larger than that of the Alliance, and Ia shown up more particularly in a cave about co feet deep. all in ore.
 "on this group of claims there are at feast 20 900 900 tons Of ore. running equally as high in nfstclass ore as on the entire h~ldingE.
 "f have been besieged with tele' grains from some of the most promin' ent mining people of the world in the last few days in regard 10 the property and I expect some very substantial people here in the next live days to look over the property
 "Mr. Drake of the Santa Fe has as Hurrd me that E road will be built C the property at once.
 'T fully expect that there will be 900 people rush to the new find with in the next week. and there will be 8 regular scrap for holdings"
Bisbee daily review., 1907-02-24
PRE-HOLIDAY MARKET
 SHOWS ACTIVITY
Washington's Birthday and Short Saturday Make
 Brief Week.
fBy Frank J. Graf.l

Today's market closed in pretty fair condition, taking into consideration that we have two holidays In success sion and that there will be nothing doing in the market till Monday and up to that time all brokers will go fishing. Calumet & Arizona wss strong the entire day opening at si94. sales
 being made as high as Sieb and closed at Sls3. North Butte and Butte Coal. ton were both weak and at the close
 fell off almost a point from the open ing. Denn-Arizona and Shattuck have
 been offered freely the entire day, the
 former at t60 and the latter at s44
 with little or no buying. American
 closed strong and looks as though
 there was something doing in this for a quick turn. 1t might be bought l. mp but don't wait for too much of profit for you might not be able to sell. Warren has been in better de- mand today than 1t has been for
 some time, sales being made at s13.50
 with bids out at Sl3.25. East Butte and Keweenaw do not show much strength. National is well supported
 at SIPS and think that stock offered at or near this figure ought to be bought up for good turn.
 | Wolverine S Arizona IS lifeless at ! $500. Greene and Cananea Central
 as well as Greene-Cananea fell on l a little during the day. Personally l think that Greene-Cananea ought to | be bought up. This is the first Cole
 stock that ever stayed so near to par
 and I can not help but think that there
 is good money in this stock for the
 one that is willing to wait a reason able lenght of time. All stock ex- changes will be closed Friday and Sat
Bisbee daily review., 1907-02-24
ASH PEAK DISTRICT.

Visitors in from Ash Peak report considerable mining activity there and the prospect is that a town Of some importance will soon spring up. The mines have been visited recently by eastern owners, who, it is stated, have great confidence in their value and are willing to furnish unlimited capital for their development. At present an average of twelve tons of ore a day are being shipped to the Shannon Shelter. which more than pays for the work now in progress. It is expected that an increased force will be em- ployed at once and the output mate rially increased. Ash Peak is one of the most prominent camps in this sec, ticn.-SolomonvilIe Bulletin.
Bisbee daily review., 1907-02-24

have no connection with Pritch- ard. Hagen & Go. My name iB used contrary to agreement and promise.
Bisbee daily review., 1907-02-24
p. o. Box sss. TeIephone 12e.
 J. C. PRITCHARD as Broker. Bonanza Circle and Warren District
 Stocks a Speciality.

February 2i, 1907.
 The market today is rather dull, and there will not be much doing until the beginning of the week. account of the holiday tomorrow, the short Sat urday, and Sunday intervening.
 Calumet & Arizona seems to be very strong in spite of the dullness. Ameri- can closed some stronger, sales being made at $500. Warren also picked up a little, safes being made at s13.7o, and there is not much offered at this figure. With these exceptions all the stocks are fractionally weaker. Some Of the new flotations, such as Jerome Verde, and Manhattan Dividend Min ing Co, are being taken up as offering special inducement to the investors to get in on the low subscription price. Butte & Arizona, and Wolverine & Ari' zona, are exceptionally good buys at the present prices. and should show considerable advance in the near flu turc
Bisbee daily review., 1907-02-24
s7,OOO,OOO IN CAL.. B AR|Z.
 DIVIDENDS
ereat Warren District Properly VIII Disburse An Even Mil. ion in March-$6 Dividend Practically Assured.
This Will Place Market Value
 Of Stock at S240--Curent
 Earnings Are S36 a Share. 40.000, 900 Pounds Yearly.

CALUMET. Mich. Feb. 25.-onf million dollars. or g. per share. .nI be distributed among the shareholders of the Calumet 4 Arizona Mining company on March 20. This Is the fogrteenfh qBarte-Iy dividend and h payable 10 stock of record at the clos ing of books March l. With the pay n.sat of this diEiesnd. the total dis barzenents of the Calumet < Arizona aiasnz company viii aggregate g. 1sss. .gO9. Thz report of the company for she year ended December 2i. 1906, vii be ready for publication fri a few weeks and t EiI show that the com. uzay ts czTrylng a surplus of be- tween $500 yo00. .e09 and 1e.OSo.egO.
 fl ia learnss froEn absolutely relias ble sources that tso of the directors cf the company were in favor of de. cizTinx e per share dividend at the kneetlnz held ia Calumet a short time zxo. The dividend three months ago was ss a share. and these tyo direc' tors were in favor or making ths ois bursemsnt the present quarter ss regular and q extra. The majority of the directors. however. were not in favor of tncreasln~ tt disbursement for ,hs prcsent quarter tz snare at one time, but preferred to pay sG a share Iu June. This wiil "laee the stock on | n per cent DaslS oh market vaiue of s2f0.
 Current earninPs of the Calumet X Arizona Mining company are at the rate of more than s36 a share. en IL will be seen that dividends will be ~radually increased during the re' maind<er of the year. providing the nresent copper conditions continue. The surplus is already sufficiently large to meet all the requirements o' the corrcration'S operations
 The Calumet & Arizona is producin' at present at the rate of 4V,OOV,UO' pounds If refined conoer per anne
 this ~-~per costing less than sever cents a pound delivn~~5 10 the custo mer. Recent ore disclosures on th' companys -rcperty at Bisbee. Ariz. are of untold importance. There art more, than thirty-hve drifts in the mine -ow and big bodies in the Buck eye and Gibraltar claims. recently discovered. are of unknown extent The Oliver shaft. which is the new oneniug, is equipped with the mos modern and economical machinery available and Is producing regularly The ore tributary to this shaft is oi great richness and of large area. The Irish Mag shaft the Calumet & Ari zona's original producer. is maintain
 (Continued on Page Seyen.j
Bisbee daily review., 1907-02-24
SUPERIOR COMPANY.

The Superior company has had con siderable trouble with water in the second level of its mine for the past few weeks and this underground flood does not ceem to be diminishing to an! great extent as yet. It necessitated almost a complete shutdown for time for the flood was of such an extent that it was beyond handling in the lower level, which is not opened uI so as to make large area for the wa ter to fill, and therefore is beyond handiing-Florence Blade.
Bisbee daily review., 1907-02-24

The marketS-will be closed Friday and Saturday on ac- count of anniversary of Wash ington's birthday.
 @ C . % . ( C ( . . ( .
Bisbee daily review., 1907-02-24
RICH GOLD ORE.

Considerable excitement is being evoked by the recent strikes of rich gold ore in the section of country south of Kingman. The veins of that section are proving up well with work and below water the values are main tained. At the McKesson mines the work has developed good ore bodies of ore at depth of from tNrty-five to fifty feet. Water was encountered in the veins at depth of thirty feet and 1t is thought sufficient will be opened up to supply the needs of a small min ing piant.-Kingman Miner.
Bisbee daily review., 1907-02-24
RECORD IN SINKING.

In the past two weeks all slnKne records in the southwest. as well as in the Cananea district. where the property is located. have been broker by Superintendent c. E. Watson. oi the cananea-Bisbee property. where
 in the above stated time. he made l2e
Bisbee daily review., 1907-02-24
Pritchard Hagen & Co
 gINcoRpoRATED.)
 Brokers. \ FRED c. ftAoEk, Mgr. | ' FRONT ROOMS Q. [. BUILD. [ ' ING, OPPOSITE DEPOT, Bie . BEE, ARIZONA. . ALL STOCKS BouoHT AND | . SOLD ON COMMISSION. ! . DIRECT WIRE coNkgc- | ' TON WITH ALL LEADING . MARkETe.
 
PRONE 1ss.
MARKET lzJyza.

Fob. 2i. l907.-The only ac- tiYity in the curbs today of note is centered in American. which stock Is acting strong. With q continuance of tl de- mand price will probably ad- vance several points. Other wise the curb market is dun. Trading in Sun. & Pitts. has eased off though the price is holding firm around s2G.5O. Shattuck is inclined to 20 still lower. Denn is offered around sG0. Warren Is in demand at s45.12, and would become much stron"er should anv heavy buyinr spring up. Lit tEe can be said of the balance other than that they are ex- tremeiy quiet. While the To- cal situation -lains unsettled sJocks will undoubtedly de- dine further. in which event we advise the picking up of the good stocks.
 Ouotations:
Bisbee daily review., 1907-02-24

feet in two double compartment shafts. and as consequence a good showing is said to have been maue Sinking commenced on the property only short time ago four shafts be. ing started. Two of these are single and tKo double-compartment shafts.
Bisbee daily review., 1907-02-24

No. nobody has knocked or car knock holes in the county option bill It is based on local sels.7overnment and the rule of the majority and as long as it is admitted that the people are capable of self government the principles of local option is unassaila ble.
Bisbee daily review., 1907-02-24

(continued on Page seven.)
The Washington times., 1907-06-30

the world. No man-not even John
Hay-is entitled 10 so much credit as
he for the consistent American de-
mand for preservation of the open door
of commercial opportunity In China
So that ii may be said without great
Indulgence in hyperbole that to this
railroad genius, inspired by no more
2ltruistic motive than a desire tor
larger tonnage. is largely due the sal
walton OF China from the cupidity Of
the European powers.
the disposition to capitalize IL. Three
years after he had opened his line to
the coast for a full volume Of traffic.
the Northern Pacific went into the
hands of a receiver. It was the first
great victory for Hills theory OF rail-
reading. The Great Northern had been
declared impossible. The Northern Pa
cihc was an established road when the
Great Northern was opened But II
could not stand the competition that
Hill organized against II. HIS genius
for making traffic and for avoiding lost
motion enabled him TO compete and to
win at the game. Up TO this time he
had proved himself a great traffic
man. and success at inducing people
70 entrust him with their money. He
mad not yet yielded the field OF ma
nipulation.
The Northern Pacific in a receivers
hands was Hills easy victim. Mean
The Washington times., 1907-06-30
Hill and Hartman Compared.

II is impossible to discuss one Of
these twin giants of transportation
without Juggling in the other. Com
PARSONS are unavoidable; and com
p'r.sor proves that they are at once
sirikinGly alike and wonderfully M
Ike. Until very recently Mr.. Hm
WAS accepted rs the great practical
railroad man. II was supposed thar
his business was moving freight and
passengers. whereas Hartman was
popularity supposed TO be primarily
financial juggicr a manipulation of SO
curiues. but not worthy OF con,pa.i
son with Hill as railroad operator
IN ;his respect the past wear IA
brought a decided change OF opininu
AR Hin does not stand SO high as
railroad operator since The ter-ihc
breakdown or his system last fan and
winter proved its inadequacv 10 han
die the bUsiress OF its territ9rS, The
spectacle OF branch lines snowbo,,n5
for weeks, OF towns suffering for food
and fuel. of farmers unable 10 mar
ket their crops FOR want OF cars NJ
millions OF bushels Of wheat mn
threshed. OF business hamrred f.
want of transportation facilities.
this gave q sad shock to the Will.
spread notion that Hin was the rre,.
master OF traffic movement. even
though he might not be an exper, =,
the ticker
The Washington times., 1907-06-30
Always Pays His stockholders.

Hill always pays He is the great
est paying proposition now on wheels
Because he paJs. his stockholders send
him their proxies for the annual meet
iHgs. They are willing to let him run
the thing So he controls the Northern
Pacific just as securely as IN the courts
had not ruled that he positively must
not control It Uncle Sam has been
wondering and worrying about il OF
late. and went so far as To hire
lawyer 20 look into IL. But he hasn't
done anything important yet.
This lawyer is Judge John A. Love
". Of Albert Lea, MINI. He was for
long time on the Minnesota supreme
bench. and knows all about the Bu
system. because he had 10 do with the
litigation In the Minnesota courts look
ing TO the dissolution or the combina-
ton OF the Northern Pacific and Great
Northern. which finally ended IN the
Federal court decision dIssoivin~ the
Continued on Page NineD
The Washington times., 1907-06-30

White industry was nos 50 iar estab-
Hshed rs 10 produce the things which
must be shipped East. Wonderful
forests were there easy to be turned
into freight. All that was needed was
10 make rates which would enable this
lumber to compete in the East and
Middle West with lumber from other
sections Of the country. He made those
rates. and builded up an immense
business in hauling lumber eastward
in cars that otherwise would largely
have gone East empty.
The Washington times., 1907-06-30

"hile the Great Northern man had eS-
tablished alliance with the house OF
Morgan, and that great concern un-
dertOOk the reorganization OF the
Northern Pacific II was no easy task.
but Morgan has never been man to
hesitate when the patients necessi-
ties required a bit OF financial surgery
that cut deep. In this case his dag
nosis led to the conclusion that the
operation must be a capital one. There
must be a shaving Of capitalization.
II any minority got left out entirely.
why. so much the worse for the mi
nority. And il did get left out. as
it evidenced even within the year
when 1T carried its grievances I'D 10
Congress and tried 10 induce that body
to inquire into matters which the
courts had declined to. concern them
selves about
But If 1t was uncomfortable for the
frost-hitten investors OF the old over
capitalized Northern Pacific. the new
deal was good for the new organiza-
ton The road was taken over by the
new concern in 1896 and has been do
ing well, having for several wears
paid per cent on its stock. Rut
the secret is simple enough. Hill and
Morgan were in the concern, and with
Il as well as the Great Northern. nm
der his domination. Hill was at last
become the railroad ruler Of the North
west. Competition was now forgotten.
Community OF interest had been sub
Stituted
Next came the absorption Of the Chi
cage, Burlington and Quincy system.
IL seemed much like the tail vaggine
the dog when the Great Northern ana
Northern Pacific Jointly bought into
the shares OF this system. old conser-
vative. established like the rock Of
Gibraltar. Hartman saw the move
ment with concern. He opposed. He
entered the market and tried TO buy
control away from the HIll-Aforgan
interest Everybody knows the rest
Of the story. He failed by a legal tech
nicality, bringing rich mems panic
with the failure and the corner in
Northern Pacific. Hill and Morgan
were left In control. thelr control
The Washington times., 1907-06-30
Put Ships ON the Pacific.

Hill was the first man who svs
tema tically started great propaSard.,
for Oriental trade. He made his rail-
road the most serious competitor the
Suez canal had ever known. He built
steamships ard placed them on the
Pacific 10 connect with hts road: and
he MADE arrangements with connecting
railroads and steamship lines. so that
he become the head Of commercial
systems practically reaching around
The Washington times., 1907-06-30
The Northern Securities Decision.

Inc northern SECURITIES Decision
What Hartman could not do on
change. Uncle Sam now proceeded 70
do in the courts. The Sherman anti
trust law was invoked. and after lonE
litigation II was decided BY the high
est courts that the Northern Securi-
ties Company. organized by Hill and
Morgan 20 hold the controlling inter
est in the shares Of both Great North
oTn and Northern Pacific, was lie
gal That concern was forthwith dis
solved, and competition between the
two big Northwestern systems waa
restnred-theoretfcal
Only theoretically. however. The as
sets Of the Northern Securities Com
pany were distributed back 70 the
original holders. but the Hill interest
went right on ruling both roads. There
has been an immense mystery about
how HiH has been able to 20 right on,
year after year, doing the very thing
the courts had declared he must not
do-that is. dominating these two
parallel and competing" systems.
naming the directors. selecting the ex-
ecutives. writing the policies OF both.
Mr.. Hill has been a consistent payer
OF dividends. The Great Northern
paid 3 per cent from. 1892 to 1895 in
ciusive-a newly opened road. IN a
new country. IN the midst OF the hard
est times railroad men OF this genera
ton have known. Right through the
period OF the Northern Pacific receiv-
ship the Great Northern was giving
regular returns to stockholders When
Hill got control OF Northern Pacific u
also went u paying. There is no
blightinE the trust OF the investor in
the man who pays regularly So long
as he pays he enjoys the confidence OF
he investor
The Washington times., 1907-06-30
Asks No Aid From Government.

ASKS NO Ala rom U0NernHlenl.
Mr.. Hill was the first man to build
a transcontinental road without Gov
eminent aid. The financial world re-
garded him as insane when he pro-
posed the Great Northern extension 10
the Coast He had an idea that a rail-
road built honestly, strictly modern.
with 'ow grades, and easy curves
would have an inestimable advantage
over the older roads. He proposed not
only to build 1t honestly, but also to
capitalize II honestly. to keep water
out of it's securities. and to see what
would be the result when a road with
these advantages came to competing
with the Union. Southern and North
ern Pacific lines, all of them capital
lied for excessive amounts, on which
they must pay returns.
The first business Of Mr.. Hill, when
he had attained his ambition 10 control
a transcontinental road, was to make
ii pay. He had a great country. but
few people. His s5H.1s for developing
the country, for inducing immigration,
for building traffic was soon proved.
Il became and Is today one of the
The Washington times., 1907-06-30
Character Study of the 5Nan
Whose Lrdon1fable viii Con-
quered a Continent and Won a
Steel Girded Empire for elmer
tca, and Who is MoQu Battling
Against Impending Disaster.

The Hartman system had its trou-
hles. but they we're not comparable to
those of the Hill lines; and the com
parisOn of operating efficiency has
been followed by revision OF the older
estimate Of these two men. 1t is now
recognized that Hartman is not the
only man who knows the arts of capi
talizing the advantage of a monopol
OF charging what the traffic will, Deal
So 1t comes about that these two men
look more alike than they ever did
before. But they have come TO this
station in public estimate by very
different courses