davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26
END OF THE FINANCIAL STORM.

What might easily have become a
grave. financial crisis has been averted
by the wise cooperation, not to saw
generosity. of J. PierpOnt Morgan and
the syndicate of capitalists associated
with him. who poured millions into
Wall street at the right time to restore
confidence.
How disinterested this action was
may be inferred from the fact that the
usurers of the street. who always prof
II by Wreckage. were demanding and
receiving as high as 80 per cent for
call money when the Morgan syndi-
cate appeared, and after Morgan
made his offer of money at per cent,
the usurers were driven from the field.
prices righted themselves and the
whole situation cleared.
Yesterdays operations Indicated the
end of the storm, though doubtless a
good many big concerns will sail I'M
der reefed sails until they can get their
bearings anew. The main thing is that
the general public all over the east
has recovered its equilibrium and can
no longer be stampeded by bear ru-
mors or the effort of the beach
combers of finance to destroy values
for the sake of their own profits
The net result of the weeks opera
tons, the chief good accomplished is
the retirement of men like Heinze and
Morse and the Thomases from bank
ing connection of all kinds. Aided by
the prestige of success in question: Bile
operations. they had installed them
selves as custodians and trustees of
millions of deposits which they were
calmly using TO promote their own en-
terprises. The New York banking
world knew in a vague way that such
things were being done but until the
collapse of the United Copper corner.
no one had any idea that the sums so
used were 20 enormous.
When the Heinze revelations came
and the bank appealed TO the clearing
house for aid. the showing so startled
the conservative bankers of the assoc
citation that they refused 20 extend any
aid until the Heinze-Morse interests
were eliminated from all the banks.
Successfully a number of other bank
ers who had been guilty of the same
practices were compelled to resign so
that today the Napoleons of finance
who have been specializing with trust
funds are retired in disgrace and de-
prived OF power to repeat their OPERA
tions at the expense of the public.
Unreasonable good viii follow the |
exposure and retirement OF these !
men Not only will their example de- |
ter other men from pursuing their sys-
tenn. but the depositors and supporters |
of the banks will have the assurance |
that their funds are being used for le- |
ultimate banking only. Investors will |
have the satisfaction of knowing that |
their securities represent real values, |
not the inflated appraisement of pro-
moters, but actual earning capacity. |
In the end it is probable the banks and |
trust companies of New York which |
have been violating solid banking |
principles by speculative. operations. |
will be limited by public opinion If not |
by law, to honest banking methods.
Here in the west. where the effect of /
the scare has been at minimum, sat
isfaction will be felt over the restora-
tioa of something like normal condi-
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26
A GREAT DIFFERENCE.
CWashincton Star.

$50 you are going to resist the law COM
polling you to reduce fares?'
Yes" said Mr.. Dustin Stax- so long
as they went no further than to compel us
to increase our revenues by charging ev-
erypody the maximum rate, we were def
erentiaI and submissive. But when they
aim a blow like this, patience becomes i'm
possible
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26

ago your father stuck my father in
horse trade and when you come to crit
ically mine the automobile which L
sold you today you will realize that the
old account has been settled with interest.
Yours truly. MY FATHERS SON.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26
TO BE CONSULTED.
.iChicago Tribune.)

fChlCdgO IrIDuDe.J
She had named the day-Nov. %.
But, darling" he protested, consider
what an unpropitious number % is. And
that date. falls on Saturday. too. Can't
we be married two or three days earlier?"
impossible, Clarence" she said. ''On
any other day in the week IL would con-
fict with some engagement of Bridgets."
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26

Silver. Gle per ounce
Copper (casting). 129sc per pound
Copper (cathodes). 1850 per pound
Lead s4.75 per 100 pounds
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26
Total Copies of The Herald
Printed September, 1907.
THEATRES TO-DAY,

Salt Lake-Matinee. THE Merchant of
Venice" night. THE Comedy Of Errors"
Orpheum-Matinee and night-Vaude-
Vile.
Grand-Matinee and night, why Girls
Leave Home"
Lyric-Matinee and INTERCHANGEABLE.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26

The man with some cash reserve
couldn't find a much better time to
make money than right now.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26

Anyhow. Wall street doesn't charge
it to the Democratic party.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26
MARRIAGE LICENSES.

Edstrom. Bingham Canyon.
Marie Nelson. Salt Lake
]. Gray. jr., Salt Lake
Mary Harris Salt Lake
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26
OLD ACCOUNT SETTLED.

brooklyn Life)
My Dear Sir-Revenge Is sweet. Years
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26
THE ETAIS.

WEATHER FOR SALT LAKE.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26
REDUCTIONS IN
druggists
Sundriies
Etc.

These are just few of many other in
teresting specials
Sozodont Tooth Wash. .I5c
Euthymol Tooth Paste ...15c
Sanitol Tooth Paste Ice
DIR. Graves Tooth Powder .1Oc
1Oc Toilet Soap .........6 for Csc
pc CASTLE Toilet Soap. ........3 for 25c
Packers Tar Soap .1Se
Cuticura Soap ........ .1Sc
Satin Skin Toilet Soap. Use
]. B. Williams Shaving Soap. sc
Best quality Hair Shampoo. ..... 1Oc
SC Blue Seal Vaseline &c
15c Waterman's Fountain Pen Ink -. 1Oc
25c Silk Jewel Bags .15c
A six-ounce bottle of Antiseptic 49, 25c
The Ideal Hair Brush. .75c
15c and 20c Face Chamois. ..........1 0c
sc Orange Wood Sticks. ... lie
25c Pearl Manicure Sticks. .1Oc
25c Pearl Nail Cleaners. .1Oc
Java Rice Face Powder Csc
r. & G's Anthea Face Powder. 80. 65c
Importers Face Powder 25c
Colgates Talcum Powder .15c
Mennen's Talcum Powder ..........1 Toe
You will have to come early.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-01-29
RIGHT IN TOWN.
Big Mines May be Developed Near
Business Section,

In the early sos. says the Park
Record, 1t was predicted by thor
oughly reliable gentleman of this city.
he Is since deceased, that some day,
probably not In his time. the resi-
dents of Park City would see great
hoistng plant on Main street. and
that of the camps great. II not
greatest mines, would be found under
that thoroughfare. And who now
can deny that some time such Will be
the case. OF late years, the last half
dozen in particular, prospecting ana
mining operations have been carried
on within the city limits, and with
encouraging results. In the Clark
Virginia tunnel. whose portal Is Just
off Grant avenue, some very fine ore
has been uncovered, not immense
bodies of II of course, but enough
of 1t 10 give rise TO the belief that
such deposits do exist not so very
far away The Mount Masonic work.
ings show mp well. and with more eX-
tensive development. II Is reasonable
To suppose that "A shipping PROPOSE
ton might be opened up. The camps
latest sensation, the uintah-Treasure
Hin, is but very short distance from
the townsite limits, and we have heard
1t animated that some OF our proper
Ties which are at present quite regular
shippers, have come right into the
NltN ana DIcNiouS blths tii
Main street proper II is known that
ore Is to be found. Very recently in
fact telephone poles on this thorough
fare served as corner posts, and no.
tees OF locatin We're posted on them.
Near the head OF Main street ore was
found while workmen were digging
foundations FOR tho Lubbock and Stohl
homes, and more recently where the
new bank building was erected after
the IRE. nico streak of ore was
found there. A continuation of this
was found In the sewer-pipe trench
which was dug to Silver creek, and
again when the Dewey theatcr was
erected. All of these finds have been
made very near the surface and Il Is
not unreasonable to presume that
with further prospecting sensational
results might be forthcoming. It
would be splendid advertising for the
camp, too, and add materially 10 liz
prosperity II we could truthfully boast
OF q great bonanza IN every back
yard"
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-01-29
LIVESTOCK.


CltlCAtO.
Chicago, Jan. -Cattle--Receipts, 81
500; market dull. Beeves, 4,10lp7 90; cows
and heifers. l.50GS.25; stockers and feed
ers, 2.j044. 70 calves. 6.oodS 90.
Hogs-Receipts, $500: market cents
lower. Mixed and butchers. 6. 7017 90: good
heavy, 6.75G7.00; rough heavy, 6.65Q6.So,
6.S5a6.e2is
sheep-Receipts, 1900. market steady.
Sheep, 3.6oa5.75 lambs, 4,75GG.S5.
KANSAS CITY.
Kansas City, Jan. -. -Cattle-Receipts,
1000; market steady to 10 cents lower.
Native steers, 4.00G6,60; native COWS ana
heifers, 2. 25ll4 80: stockers and feeders.
3.0odS.0o; calves, 3.2541. %; western steers,
3.to1S.I5, western cows, 2. 50G6. %.
Hogs-Receipts. 10000; market ) to 10
cents lower. Bulk, 6.70G6. IS; heavy, 6.s0s1
e,Sla; packers, 6.7cd6.sS; pigs and lights,
Sheep Receipts. 10000; market TO 10
cents lower Muttons, 4.75G.5. 60; lambs.
6,I5af 40; range wethers, 5.O0d6,SO; fed
ewes, i.0O@5.35.
OMAHA.
Omaha, Jan. .-Cattle-Recelpts, 5000;
market steady. Native steers 1895 .
cows and hetfers, 2.u0u4 30; WI stern stee $.
3.23n6.36; Gamers, l.fon2. s5: stockers and
feeders, 2.S5G5.OO: calves, 3.00dt6.50; bulls
and stays, 2.504i6.25.
Hogs--Receipts, II 500 market cents
lower Heavy, 6.70n6.S0; mixed. 6.674.dl
go; lights, 6.65G672i.; pigs, 5.5Gq6 IS
bulk, 6.70as. 72is
Sheep Receipts, 1900; market steady to
easier. Yearlings 5.7546.25: wethers 5.OOq
5.l5; ewes 4. 4o@5.2o; lambs, 6.50g7.e0.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-01-29
MINING, BUSINESS AND STOCKS
NO COPPER STORED.
Story of Metal Dealers Association
Branded as False by Producers.

New York, Jan. 29.--Representatives
of some OF the largest copper produce
ing companies having offices in this
city, declared yesterday that there was
no truth in the allegation made to
Atty. Gen. Bonaparte by the North
eastern Metal Dealers association to
the effect that copper is being with
held from the market by combination
of producers. They denied that there
was any such combination and declared
the situation Is a natural one, due to
the enormous increase In the demand
for copper and the inability to meet
the demand,
Some of the copper men said they cx-
perience great difficulty in Keeping
enough copper on hand to meet possible
emergencies, such as blockades on the
railroads or the going astray of the
cars. one said that every pound of
copper his mines could produce was
sold for months ahead and that he
doubted that a carload of copper could
be obtained today for immediate de-
livery. Other proucers said that they
had considerable copper in process OF
refinement. but this occupied several
months and as soon as refined 1t was
shipped TO customers who had long
been awaiting il,
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-01-29
Provo Mining Mar Interested in
Lead, Silver, Copper Property
In Deep Greek District.
PELICAN POINT COMPANY
Us Assembling Machinery and VIII OPP
crate ON Extensive Scale
Proposed New sIlIl.
Special Correspondence.


Provo. Jan. 2s.-F. n, Mlilett has re-
turned from Deep Creek where he has
been doing assessment work on some
claims owned by himself and Jesse
Knight near Gold Hill Mr.. Miilett
has brought some fine ore with him
rich in lead. copper and silver, and IS
hopefui OF adding another mine to the
big string OF MIR. Knights rich hold
ings.
Walter Parkes, manager of the feil-
can Point Mining & Development COM
pany, Is here, making arrangements
for supplies and material for the COM
pany In its work on the west SIDE OK
the lake. He reports that two gaso-
line engines and other machinery is
already on the grounds or In transit
for use In the erection of the cyanide
plant to be built this spring.
The company has secured ten-acre
LOT ON the west shores of the lake,
with good harbor, and Intends TO PUT
a line Of scows on the lake. unless u
railroad Is built, and ship lime, pant,
iron and other material 10 the rililroAu
or this side for transportation 10 mar
kct, The variety of products con
tanned In the company's big holdings
is remarkable. At the company's once
in this city are samples OF grapnite'
lime raw and burned. az well as ce-
,nent OF an excellent quality.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-01-29
MAY BUILD SHELTERS.
The Bambergers Planning to Have a
Plant for Their Own Mines.

\ story comes from New York to
the effect that the Hamburger mines
are to be equipped with smelling facill-
ties; that II IL not the intention TO de-
pend on custom plants very much long
err all Of which goes 10 indicate that
something IL likely TO he done In the
way Of construction during the present
year.
simon Bamberger who Is now In
New York. IS quoted as saying
FIFTY per cent OF our mining prOits
50 TO the smelters and the railroads.
To OFFSET this l have decided TO com-
plete plan ! have had IN mind for
years. This viii insure our freedom
from the treatment we have received
from the smelling combine In Utah.
Between the penalties and excess
i've charges we have always operated
at a disadvantage, The time IL now
ripe for the change contemplated
The plant win have AT least a
daily capacity OF 500 tons and viii be
so constructed as To cna BILE ua 10 nut
ON another b00-ton addition whenever
We believe II eNpedient. The location
OF the plant Is still a matter of con-
lecture, depending largely upon the
concessions VIC may receive from sew
eral districts that are willing 10 offer
us Immunity from the Injury due TO
smelter fumes should we decide to
build In any particular locality"
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-01-29
THE MINING CONGRESS.
Much Good Can Come TO Mining In
dustry IL Given pl.opcr Support

If every prominent mining operator
In this state would take the interest in
the organization known as the Ameri-
can Mining congress that Is being dis
played by John Dern and few other
Salt Lakers this portion of the west
would derive much benefit therefrorn
In speaking of the congress and it's
aims and purposes today Mr.. Dern de-
clared that since the late meeting of
The National Wool Growers association
in this city, he is more firmly convinced
than ever that the mining men should
ally to the support of the American
Mining congress-.
There is no doubt" said he. that
he mining industry should have better
recognition from the government and
II we can so before our national law
making body with our petitions backed
by a powerful organization we are very
apt to be heard. we ought to have rep
resentation In the Presidents cabinet
through the creation of a department
of mines and mining with the head Of
the department member of the chief
executives official family. The creation
of laws to protect the public against
illegitimate mining enterprises should
be adopted and in many other WAYS the
general welfare of the mining industry
can be more carefully safeglarded IL
the mining operators and those inter
eSted directly In mining enterprises Will
get together in one big association"
Mr.. Dern also pointed out how the
resources of the state can be spread
abroad. AT the last session of the
Congress, Mr.. Dern read paper using
as his subject THE Mineral Resources
OF Utah" This paper received wide
publication and he has since received
dozens of inquiries from prospective in
vestors. Only during the past week a
frf.tra ,e.A1
capitalist who is looking for iron and
coal lands, and the writer wanted to
know more about the deposits of Iron
county and If the same could he pur-
chased. Another man wanted to look
into the ozocerite lands in southeastern
Utah. The foregoing are mentioned as
only few instances OF the character
of the letters Mr.. Dern has received and
the most of them have come from men
who are prepared to do BUSINESS.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-01-29
ANNUAL MEETINGS HELD.
Yankee Con. and observation-disclosures
Chosen for Ensuing Year.

The annual meeting of sharchold-
ers of the Yankee Consolidated and
Blackbird Gold and Copper COM
panies were held yesterday afternoon
and boards of directors We're chosen to
serve during the ensuing year. Both
companies are controlled by John E.
Dubois and associates of Pennsyl-
vania,
The Yankee Consolidated company
is operating In the Tintic mining dis
trict. The new board organized by
the election of John Il. Dubois. presi-
dent; Charles j. North, vice presi-
dent; b. n. Lehman. treasurer; who,
with H. C. Edwards and +. o. Frick
are directors. A. E. Canfield was man,
ed as secretary.
The Blackbird company which owns
large domain of valuable mining
property in Beaver county and adj
joining the Cactus mine will be Of
ficered by the following: John Il.
Dubois. president: Charles ]. North,
vice president; b. n. Lehman, treas
urer. F. o.. Frick, secretary; who,
with Lorn n. Morrison. NJ. f. Murray
and Frank b. Stephens constitute the
board of directors.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-01-29
PRODUCE.


Chicago, Jan. 29-Prices In the wheat
market were frm at the opening today
and trade was moderately active. The
failure OF the prediction regarding snow
IN the southwest and small receipts in
the northwest We're the chief sources OF
strength. May opened - 10 4sah higher
at 1915 an dsold at 7sh
The prediction of unsettled weather
throughout the corn belt caused some
buying OF corn by shorts and brought
about n firm condition In prices. May
i594 and sold at i57s.
The oats pit was very quiet aud prices
were steady May oats Sc. opened ,ns UNCHANGED
and advanced to 3s@3sls
Provisions were dull and prices were be-
cause Of 10 10 cent decline In live
lard 5q7Is lower at $40. and ribs were
down ~ at 9.42is.
The high point for May was 1874. PIlcos
eased on somewhat In tho last half hour
May up 9.s,4 'a az Isl; 7ss.. s''ss was "'h wiz"
Corn Offerings were light and the mar
kot ruled strong until the close, Final
g gester.oY Wers higher tnan tho close
Cash: Wheat%No. red, 7sN: No. 3 rcd.
74II5; No. 2 hard, 7llii6l.; No. Q hard. eslp
e; No northern s2as5; No. ? do, 79asa;
Gorn-No. g o. No >; iaH
G9ss; M Whea tall May E,, ~ July 0it
0ats-May, 3sIt July, 35sk,
Pork--May. 1915: July. 1870.
LRrd--May, aG7ia; July, go.
Ribs-May, sl2ia; July, $50.
Rye-Cash, G9fifO.
Barley-Cash, lblfJ7.
Barey-cash, i5Ms7.
SUGAR AND COFFEE,
New York Jan. 2a.-Sugar, raw. steady
Fair refining 3l-32: centrifugal SO test
Q 15-S2, molasses Rpgar, 2 2i-Ss,
Reflned-steady. Crushed, $50 powder
ed 100; graduated. 4.S0
Coffee-Steady. No. Rio, 7.
LIVERPOOL GRAIN.
Liverpool, Jan. a9.-Close. Wheat
March Us 5std; May Of lNd; July, Gs I'D.
The weather IN England today was fine,
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-01-29
MARKET WAS
VERY UNSETTLED
Prices Opened Lower, With LARGE
Selling Orders Widely
Distributed.
SERIES OF DECLINES ENsUED.
Drive Against Stocks illuminated Soon
After Noon, When Strong Rally
Set In.

New York, Jan. 29--'rhe market for
stocks opened at lower prices than last
night. with large selling orders widely
distributed throughout the list, Declines
We're generally confined to small fractions,
but Colorado Fuel fell Ia, Reading ~,
nion Pacific point and Great Northern
Dre tertlhcates, American Car and
Pressed Steel Car large fractions.
lhere was pretty thorough recovery Of
the opening losses and many of the ia
vorites, including st. Paul, Great North
err, preferred and Amalgamated Copper
solu at good fractions above last night.
Northern Pacific and Canadian Pacific
gained l1s
Prices wavered uncertainty. going high
er THAI the first hour and then reccding.
The advance carried Northern Pacific up
les, Great Northern preferred III, and St
Paul and Missouri Pacific /, The selling
which followed centered on Reading and
Bonds were irregular.
The drive against the market culmi-
mated soon after noon and an urgent de-
mand for both accounts followed. Read
ing recovered all It's loss and the market
rose to above yesterdays final figures
Amalgamated Copper and Union Pacific
were heavily bought on this rise Union
Pacific rose l. Alamgamated Copper III
INSprthwestern IA and Canadian Pacific
There were intervals of semi-stagnation
IN the trading, but new buying orders
carried prices to Il higher level and the
selling pressure on the advance became
LEGS pronounced. Nothern Pacific got ,
oyer last night. Anaconda Az. Great
Northern preferred 31s. St. Paul, Cana
dian Pacific and General Electric g and
Atchison and United States Steel /. Pa
cihc Coast second preferred sold at de-
cline of 9ia.
The market closed active and irreg,1-
lar; Stocks poured on the market again
and prices fell back. Reading reacted g.
Pressed Steel Car lI2 and North Ameri-
can 2. Buying orders appeared again at
the decline and rallied the market.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-01-29
DR.. SIMPSONS CASE.
He Expresses Utmost Confidence That
He WI. be Acquitted.

River Head, n. Y. Jan. 2s.-Dr.
James w. Simpson, a jury TO try whom
probably VIII be completed today, lex =
presses the utmost confidence that he
win be acquitted OF the charge of
assassinating his father-in-law. Bart
ley t. Horner. He was told that
his sister. Mrs. Charles Bowman.
arrived yesterday and announced
that she would remain and do all she
could TO assist in her brothers. defense.
Hitherto Simpson has stood alone and
almost friendless. His wife and her
mother have been bitter against the
prisoner since the death of Mr.. Horner.
That their position has undergone no
change since the preliminary invesiga-
ton of year ago when their evidence
was largely responsible for the indctA
ment of Simpson. is made clear by the
repeated question OF the lawyers 10
the Jurors; Have you any prejudice
against wife testifying against her
husband In case of this kind?
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-01-29
MR.. SHARP HERE.
President of United States Company
Back From California.

William G. Sharp, president OF the
United States Smelling. Refining and
Mining company, returned to the city
last evening from trip to the Pacific
coast where he has been making an
inspection of the Mammoth mine and
smelter, Mr.. Sharp expressed him
self as being Well pleased with the
way things are running. He was ac-
companied on his return by Fred
Lyon, Pacific coast manager for the
United States company.
President Sharp states that the
matter Of moving the company's
ssmelter out of the Salt Lake valley
has not been settled.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-01-29
CONCENTRATES.

Manager J. A. jacobson OF the Ely
Eesurrection company departed for
Ely New. today.
William B. Jeffs. an extensive share
holder in the Columbus Consolidated,
has arrived from Michigan.
Development work is going ahead at
full blast In the property OF the Nall
driver Mining company at Park City.
Nevada Douglas is very active on the
New York and Boston curbs The
stock sold yesterday up to 81 a share.
The ore and bullion settlements re-
ported late yesterday by Mccormick q
Company We're: Crude ore and con-
centrates, s6S.O00; base bullion, s26, 900.