davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31
NEVADA CON. IS
RUSHING THINGS
Company Will Be Treating Ore
in Big Milling Plant in
December.
ROAD TO MINES is FINISHED
FIRST OF FIVE STEAM SHOVELS
is AT THE EUREKA.

According to w ]. Craig. general man
ager of the FederaI-Ely company's prop
critics, who returned from camp yester-
day morning, Ely is rapidly getting into
trim to make a noise in the world he
says the railroad has been finished to the
Star Pointer and Eureka mines Of the
Nevada Consolidated company, and that
the first steam shovel of the five that are
TO be employed in stripping the copper
deposits at the Eureka end of the proper
" IS now being set up on the ground,
while the other machines will land there
in few days.
Il was informed said Mr.. Craig. that
a force of something like 1,40O men was
being employed at the big mill and smelt-
ing works of the company, this including
the crew that is building the road across
the valley, which is to be used exclusive
~ IN the transportation of ore from the
mines to the works. This piece of road
IS also well along and l have no doubt
that the company's determination to be-
gin the treatment of ore before the end
OF the present year will be carried out.
The first two units of the great mill
ing plant are now being placed under
cover They will have a stated capacity
of LOO tons each. but 7 was advised that
the management is figuring on their being
able to treat nearer $500 tons, owing to
the nature Of the ore. The big power
plants, shops, light plant, warehouses.
boarding houses, officers quarters and
practically all buildings and equipment
outside OF the mills and smelter works
themselves, are now so well out of the
way that all hands can be turned loose
on the main works. There has been re-
markable work done over there and il
looks as though every promise made in
the beginning was going to be fulfilled.
Ely VIII be hummlng next year for sure.
though the most optimistic never figured
less than three or four years in which to
get things in full swing
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31
MINING STOCK EXCHANGE.
Market Gives Further Evidence That
Upward Movement Is On.

During yesterdays trading on the min
ing exchange a total of 81, $50 shares of
stock. with a selling value of S64 461 70,
changed hands. This is the best showing
the market has made for about two weeks
and there is so much evidence of legiti-
mate buying that it is certain the public
is again in the game. Prices were strong
or all through the list and those who went
snort OF some OF the apparently weak is
sues during the past week are already
scrambbRg TO cover. as these are the
stocks now showing the best strength.
Eastern market conditions are improving
all the time and this fact is having some
thing to do with the turn in the farket
here.
Following is the list of final quotations
and record of sales made during the day:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31
STRIKE I'M RATHER SHAFT
OF THE FEDERAL-ELY

At a depth of fifty-seven feet in the
Rather shaft of the Federal-Elv com
pany, the entire bottom is in copper ore.
the grade of which, from appearances.
Will discount anything formerly found on
the company's group of claims adjoining
the Ruth property of the Nevada Consol-
ldated on the north Manager w J.
Craig brought in samples from the shaft
yesterday. but no assays were made dur
ing the day. The ore Is composed of red
oxides and rich carbonates of copper and
looks good enough to eat The tunnel be-
ing driven on the same property is also
getting into highly mineralized ground.
AND Mr. Craig believes that it will short
" tap the same ledge that has been de-
VelOped in the shaft
While at camp Manager Craig visited
the company's Heusser ranch property
eight miles north of Ely, that was bought
early In the year TO insure the company
proper millsites and an abundance of
water for all purposes. He states that
about 5000 worth Of hay has been cut and
stacked on the premises, while the num-
beg OF horses being pastured in the mea-
COWS brings the company a revenue Of
500 a month. It is the purpose TO open
the pastures TO another 100 head Of ant
mails right away and this will increase the
revenues from the ranch by $500 month
more for the rest of the year. Manager
Craig consid srs that the ranch investment
on the part Of his company is a pretty
good one.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31
OLD OHIO COPPER co.
20 WIND UP AFFAIRS

The directors of the Ohio Copper COM
pasly (the old Nebraska corporation are
called TO meet in this city on the second
day of September for the purpose of set
ting the day when the books shall close
against the transfer Of stock This means
the practical dissolution of the company
after the date set for the closing of the
books and the only way thereafter of get
exchange for shares in the new company
the corporation recently formed under the
laws of Maine, with headquarters in New
York. As the number of shares in both
the old and new corporations are identical
100000 eachl there is no object in old
stockholders declining to exchange their
shares for shares in the new company,
which owns all the assets of the old one
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31
UTAH COPPER
DOING THINGS
First Unit of Three Thousand
Tons Capacity in Opera
ton at New Mill.
MARVEL OF PERFECTION
NOTHING TO COMPARE WITH 1T
IN THE WORLD.

The first unit or one-half of the Utah
Copper company's great milling plant at
Garfield is now in full commission, the
sixth 50-tOn section being limbered UP
for business on Thursday. By the time
full and complete adjustment of this unit
of the 6,GOO-ton plant is accomplished.
Manager D c. lacking will be ready to
commence the warming up" of the sec
ond unit, section by section, and, if the
railroad company viii carry the ore to
keep everything moving, 1t will not be
many weeks till the Utah Copper com
pany Is handling more ore than any other
mining company In the west
1t IS a question, however, whether the
railroad company is going to meet the
full requirements of this mammoth plant,
al least until the fall business lets up and
allows the use of more rolling stock on
this, the most important branch of the
Rio Grande system. In the meantime the
management Of the Utah Copper COM
pany Will get along the best ii can and
make barrel Of money for the share
holders, anyhow. Ore is being delivered
at q good rate at the present time and
the 1900 tons requirement at the new Gar
field plant and the 500 tons OF more at
the Bingham mill of the company is being
pretty well taken care of. James A Pol
lock. of the brokerage and banking house
of James A. Pollock & Co. was out in
speeding the new mill the other day and
upon his return he said:
NO one familiar with the plant and its
construction and equipment can have the
least possible conception of the magnifi-
cent work that has been done The first
thing that impresses a visitor who is at
all acquainted with mechanics and engi-
neering Is the keen appreciation that
here nothing has been overlooked 1t is
seen at once that the works have been
erected with a view to the greatest per
manency. The foundations of the struc-
lures, the steel buildings, massive foun-
dations for all machinery and the care as
10 completeness OF detail in every little
and big device in the whole mill is simply
marvellous. Everything is right up to the
minute and everything has been done
Win an eye 10 making the works them
selves stand the wear of ages and the
machinery and equipment go the limit in
life and usefulness I am satisfied there
is not another ore-dressing mill in the
world Just as good"
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31
NEW YORK STOCK MARKET.
Business Small Owing to Impending
Three Days Holiday.

New York, Aug 30.-Light operations
marked the opening of the stock ex-
change. There was some irregularity In
the movement of prices. but the more
prominent stocks were lower. Along the
minor issues, Peoria & Eastern sold an an
advance of 3. North American and Dis
tillers' Securities III. and st. Louis & San
Francisco second preferred, Great North
eFn preferred, Reading, Amalgamated
Copper sold off substantial fractions A
more definite tendency developed, prices
rising slightly when Union Pacific and
Reading began to move up. Business was
exceedingly small owing to the impend-
ing three days holiday. Canadian Pacific
opened ~ lower (ex-dividend), and Met
rOpolitan Street Railway and Interna-
tional Paper yielded and l respectively
Colorado & Southern l, ST. Paul rose "a
and Brooklyn Transit 1.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31
D0INGS OF UNLISTED
STOCKS ON EXCHANGE

1t is several days since as much interest
was taken in unlisted stocks as yesterday.
Several thousands of shares of Copper
Glance were taken into tow at 16c. 1t re-
CURED 40c a share TO loosen up Bingham
Standard, while East Tintic was allowed
to go at Sc. Ohio Kentucky sold at 3.05,
Silver King Coalition at S.. West Quincy
at lie and Uintah Treasure Hill at Csc.
Newhouse was quoted at .621z and
Sl0.Sl12. while s. was demanded for Ohio
Copper. Mechanically was offered at 75c,
NaildriVer at &c, Thompson at 25c and
Yerington Copper at 19c, while 171kc was
bid for Mountain Dell.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31
MORE COMPANIES
PREPARE FOR BUSINESS

The OTizaba Consolidated Mining 3
Smelling company of Salt Lake filed arti-
Giles of Incorporation with the county
clerk yesterday. The capital stock is 81
OOO.0O0. with shares at 81 each The Off
GERS are ]. p. Olympus. president; Leslie
F. Rutter. vice president; H. J. Robin
son, secretary and treasurer.
The Sioux Consolidated Mining com
pany of Robinson filed an amendment TO
It's articles with the secretary of state
yesterday. changing its HEADQUARTERS to
Provo and dividing the $1000,GO0 capital
stock into shares at 81 each instead of at
SO as formerly. Senator Reed Smoot Is
the president of the company
The CrescendO Copper company filed ar
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31
Mines and Mining Stocks

ticles with the secretary of state. The
capital is 100000. with shares at 10 cents
each The officers are: John Clark. presi-
dent; T. r. Ellerbeck, vice president; j.
Z. Clark, secretary and treasurer
The Utah-Montana Mining & Reduction
company filed articles of incorporation
with the secretary of state yesterday. The
capital stock is 100000, with shares at
81 each. The company owns property in
Jefferson county, Montana The officers
are: Arthur Buckbee, president; ]. R.
Bowdle, vice presid snt; Edgar S. Hills,
treasurer; +. A. Buckbee, secretary.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31
Ore and Bullion.

Ore and bullion settlements in this city
yesterday, as reported by Mccormick 4
Co. amounted to $117.OO0 as follows: Sill
yer, lead. gold and copper ores, $50. 600;
base bullion. s.. 900.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31
Stocks in San Francisco.

The closing quotations on Nevada stocks
in San Francisco yesterday, as reported
over the private wires of James A. Pol
lock & Co., were as follows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31
Metal Markets.

New York, Aug 30.-Lead-DuII, S5.0s
Q5.25.
Lake Copper-Weak, s1S.O0d1s75
Silver-6SAc.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31

Salt Lake Photo Supply Co., kodaks,
finishing. Framing. 142 South Main.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31
Forenoon Sales.

Columbus Con.-1OGdS4. go
Uncle Sam-200lIS1 40.
Beck Tunnels 0O0dS2 OH
COlOrado-+00qs7.5 80; 200dS7 60 buyer %.
Crown POint-500d95c; S00d96c
Sioux, 2O0G60c; 6O0d61c; 600d6Oc. seller
30; 1.5OOg61c, seller GO; 5OOQ62c; 1,OOO662c,
seller 90.
Seven Troughs-150Q50c.
ViCtOr-500G1612c
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31
WEEKS SHIPMENTS
FROM TINTiC MINES

Special TO The HeraId)
Eureka, Aug. 30.-Shipments of ore from
the mines Of the Tintic district for the
week ending last night amounted to I76
carloads, as follows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31
Metal Markets.

Silver. 6SIIc per ounce.
Copper (casting). TIC per pound.
Copper (cathodes). 172<c per pound.
Lead. $5.25 per 100 pounds.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31

Boston. Aug 30.-Today's market was
strong in tone right from the start and
about an hour before the close advanced
sharply on short covering 1t has been
very popular with local traders to sell
everything short on every rally for the
past two weeks, but the odd lot invest
ment buying has been on an enormous
scale lately and short covering is not as
easy as il has been on this account We
do not look for any bly, bull market right
away, but you will notice that the good
STOCKS are gradually seeking a higher
level and we would rather buy on good
breaks than sell on bulges around this
Ie1yel
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31

visions of the company's amended arti-
ties of incorporation. Instead of the num-
Der of shares being raised to 100000 the
number was reduced from LOCI, 600 TO 10000
and the par value was raised from 81 to
SO a share. Managing Director Z. f. Abb
ercrombie, who was visiting the mine
early in the week, pulled out for Boston
on Wednesday night.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31

$500 given away, saltair, Labor day
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31
Open Board.

Open Board.
May DAY., O0OQ6Oc, buyer 60; 1O0a6Oc,
buyer 30; s00a59c.
Beck Tunnel-100dS2. OK.
Sioux, 0O0Q62c; 60OQ63c; 6OOG64c.
COloradO-1O0dS7.5
Seven TrOughs-l, 200G49c.
Uncle Sam, 000dSl .4215; 1,0O0dS1 As. buv-
er 90; 500GS1.40
VictOT-50ld1615c
Yankee-50Gd7Oc
Shares sold, 26, go.
Selling value, S26, AZ. 80.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31
Afternoon Sales.

Afternoon Sales.
Lou Dillon-100d9c
Uncle Sam-100ds1. 40; 5G0G$1. S71k
Beck Tunnel-9O0d$2. O5.
Crown Poi1t-3O0Q99c; 700d9Sc; 5o0d99c,
buyer 30; 3,O09dGc.
Mt. Lake-400dS7c; 200d6Sc.
Richmond & ACKNOWLEDGEMENTS.
South COlumbus-70Od$2. 90; 2,5001S1 .97i5
Sioux 30OQS5c; 5Ocq64c; 1,OO0d63c.
Victor, OO0d1615c
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31
Excursion to Sacramento, Aug. 90,
80 and 81.

For National Irrigation Congress. via
o. S. L. Round trip from Salt Lake,
s29.0s. Tickets limited to October 31st.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31
COPPER STOCKS IN
BOSTON AND NEW YORK

Following is the daily market comment
OF Paine, Weber & Co, Boston together
with the range of prices of copper stocks
and other Boston listings in which the
west is interested. as well as a similar
report on New York curb transactions, a
feature that has just been added by
James A. Pollock & Co. to its private
wire service. and from which it is Sc
cured for use in this department of The
Herald.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31
All Men

who find themselves declining in ply.
steal or mental endurance-from any
cause-need a nerve tonic. If you
knew how costly are delays in the
natter of treating such debility, you
would at once begin the use of Palmo
Tablets. They make you look and
feel years younger. 30 cents. Book
Free. Address The S. r. Fell Co.,
Cleveland, o.
For sale by F ]. Hill Drug Co.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31

Open Board.
Beck Tunnel-100GS2 Go.
Crown Point-2O1G9c.
Century,. 0006l0c.
Colorado-lOOqS.5 SO; 1OOqs7. 90; 1OOdS7. 80,
buyer 60.
Iron Blossom-400d$1 .Z71k.
May Day-500d59c; 2 600d6Oc
Sioux, 5O0Q62c: 4,100G63c; 1O0664c; 1250
csc.
Uncle Sam-5O0@$1. 40; 5,5OOGs1. 421k; 10000
81 as buyer 60.
Yankee 2OOQ69c; 3o0d70c; 1OO075c
Shares sold. IS, 325
Selling value SIS, 0342 %.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31

Free day for boys and girls Satur-
day, Wandamere.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-08-31

For the best printing call on the Cen
fury Printing Co, Salt Lakes printers
le5-167 South West Temple ST. Both
Phones. 604.
The Birmingham age-herald., 1907-11-06
Meeting Of library Committee.

l A meeting of the committee in charge 1 of the affairs of the Carnegie library i was held this afternoon at the library. , The report of the librarian was sub mitted and the report shows that the ] library is in very fine shape.
 The library now has a membership ID of four hundred, and there are now 1 about fifteen hundred books loaned out on Saturday there were eighty five books given out and on Monday
 there were eighty-one.
 Some time during the month a meet ing of the librarians of the state will
 be held here and it is thought there will be about twenty-fve visiting
 librarians present. Speeches will be | made by people prominent in the library work of the state, after which refreshments will be served and the visitors will be taken for drive over the city.
 The question of opening the library on Sunday came up for discussion and it was decided that the library should not be kept open on Sunday for the
 present. simply because the young lady that had volunteered to act on Sunday afternoon might become weary of the job, and, of course, the library would have to close down, and the peo- pie that had been led to believe that they could have access to 1t on sun day afternoon would De very hiuch ulH- appointed, IS if there was only one per son in the city of Bessemer that would volunteer to help the cause along. IL was not supposed that one person would have to go there each Sunday, month in and month out. because there have been several people who have stated their willingness to serve one Sunday in each month.
 The committee set up the claim that they thought it better to wait until the l library had the money with which to l engage an assistant. If they walt that | long to open the library on Sunday, IL i will probably be after the dog wood l has bloomed three or four more times.
 The following members of the com mittee were present: Mrs. Lee Moody ], Mrs. F. H. Lopez Mrs. Fred Robert
 son, Rev. l. o. Adams, R. B. Mingea and Rev. n. r. Taylor.
The Birmingham age-herald., 1907-11-06
hand they do not expect to cash them

hand they do not expect to cash them for the face value.
 If these dodgers are printed and dis tributed throughout the mining camps adjacent to the city they will natur- ally enlighten good many of the laboring class with regard to the true situation. Instead of getting their scrip cashed and paying usurious in :. terest for it, they can simply come into the city, do their trading and get the full value of the scrip. It has been pointed out that the people that iD- tend to do such a business as this will put themselves in a position to retard the progress of the banks, and it is hoped that these circulars will clear up the situation. It is understood that the city authorities have jurisdiction within the three mile limit of the city and while they can go no further than that in their efforts to put a stop to the scrip traffic, still, if they will adopt a resolution requiring every pre- son that does this sort of business to pay a high license, the traffic will no doubt be reduced to considerable ex- tent
The Birmingham age-herald., 1907-11-06

the simple reason that the banks needed
 the ready cash that they had on hand
 in order to carry on the regular business.
 He stated in conclusion that the banks
 were doing all in their power to help the
 situation and what they needed at the
 present time was the confidence and CO.,
 operation of the mechants and citizens.
 Capt. H. w. Crook was the next speak
 CT. MT Crook stated that it was his be-
 lief and opinion that the banks of this
 city were doing all in their power to help
 the people and still keep business going
 along on smooth lines. He said that he
 believed that the people of this city had
 the greatest amount of confidence in it's
 bankers, and he for one was perfectly
 willing to help them in every manner
 possible. Captain Crook stated that this
 was no time for idle talk, but on the
 other hand it was the time for every one
 to try and give business and the banks
 a boost.
 The following resolution was introduced and adopted:
 Resolved, The Board of Trade of the
 city of Bessemer heartily indorses the ac-
 tion of the Birmingham Clearing House
 association, of which the Bessemer Ma
 tional and Bessemer State banks are
 members, and the banks composing such
 in the issuance of a check system to
 tide over the present stringency in the
 money market. and this body comments
 the action on the part of the banks to
 uphold the business of the district, and
 this Board of Trade calls upon every
 business man and citizen of Bessemer to
 see that no check is taken for less than
 its face value and by so doing carry out the intentions of the banks and business interests to maintain all paper so issued at par value so that the banks, mer- chants, industries and laboring ir~sn may no bp i'm cd
 we further request the business men of Bessemer to pledge themselves to assist in carrying out this resolution" The following resolution was offered and adopted, namely, that the resolution be presented to the City Council at the meet ing to be held this evening, reading as | follows:
 Resolved, That the City Council be | requested and urged to pass q resolu- | tlon requiring a heavy license on any in- divdual or company dealing in checks at l less than the face value.'
 A committee of three were appointed | to present this resolution to the council. A committee of three consisting of l Messrs. Batson, Benton and Gilbert were appointed to canvass the city I and get the signatures of the different | merchants with regard to the cashing O. checks or scrip.
 | Circulars will be printed and scat | tered throughout the entire district ] provided that the signatures of the merchants can be obtained in which it | will be stated that all checks and scrip | will be received for the actual amount | that they call for, without any dis | count
 1 This action was taken from the fact | that it has been learned that there are | a good many people in this city who | state that they are perfectly willing l to cash the scrip, but on the other
The Birmingham age-herald., 1907-11-06
GOVERNOR GLENN GETS BUSY.
Conference Is Held and United Action
 Mapped Out on Litigation.

Raleigh, N. C., November 5.-Except that a plan of united action has been agreed upon and the entire state mapped out for it's conduct of the rate litigation with the Southern and other railways, ence with his advisers, declines to give out any details.
 With him in conference were the mem- bers of the supreme court of the state, the corporation commission and the six at- torneys who are looking after the state interest in the litigation. Govesuor Glenn says that the conference was | nanmous in it's approval of the policy outlined and that the states interests would be fully protected and guarded.