davidaulloa/AmericanStories huggingface dataset:
The newspaper., 1907-10-25
ADVICE OF TWO KINDS.

One Mr.. Bogey, OF the firm of
Ramsey and Bogey. fnanciers of
Denver, has. just returned from
New York and unburdens his soul
to the newspapers by telling then
how Mr.. Roosevelt is running the
country. He sees but one bright
gleam in the cloudy sky and that
is that the farmers of the country
are prosperous and he says if they
could be induced to put their
money in the money centers for
the use of the gamblers all would
be we'll. We do not claim to be
past master of finance. We cannot
point to anyone VIII m we have
ruined in purse or to an industry
built by destroying others. but We
have learned some lessons in the
course of few years experience
and one is that stalking a gambler
is poor way to invest money. De-
posting your means in the money
centers is simply stalking the stock
gamblers. The first thing to de-
termine as to the safety of a local
bank, in our opinion, is the extent
to which they are stalking Wall
Street gamblers by sending their
money there If their investments
and loans are at home they are
probably safe, if they are carrying
huge deposits in New York you
may reasonably view them with a
certain degree Of alarm.
Most everyone can remember
that not long ago we had sort of
bankers panic. The New York
clearing house issued a form of
"due bill" and succeeded in having
it called money" for the time be-
ing. The financial name was clear
ing house certificate" and when de-
fined meant that they certified to
the fact that you had been id
fool enough to put some real
money there and that they would
pay it back when they got ready.
After the panic was over-that
means after they got through
squeezing the equities out of the
poor devils who had loaned them
money or property, they did pay
the certificates. Accept Mr..
Bogey's plan and they will repeat
the operation. Accep, ours and you
will be able to get real money in
stead of an indefinite promis TO
pay. guaranteed by the greatest
aggregation of thieves ever
punched under one roof. peniten-
tiaries not excepted.
Our advice to a North Fork
farmer is to handle your own
money. Invest it in North Fork
loans. The rate of interest is better
the security unquestioned, it builds
up your own country and thus en-
hances the value of your own hold
ings. Conhne your deposits to
moneys subject 10 check and sat
isfy yourself that the bank is not
using New York as a subtreasury
to any considerable extent. Thus
you will be safe-at least as safe
as you can be under our present
system.
The newspaper., 1907-10-25

EDITOR OLIVER, of the Booster,
has the mumps this week. Some
months ago he tusseled with the
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-10-29
Fac-Simile Bill of Lading for First Shipment from
Raleigh over the Norfolk & Southern Railway.

direct influence of the money position
was, to that extent in allegiance. The
market was not active and the influ-
ence towards repression of speculative
activity or dealing On margin was
asserted with undiminished force. The
tone of the market was regarded, new
ertheless, as a reliable index of the
prevailing sentiment over the fnan-
cial position. The expression of in
creased confidence throughout that
medium was unmfstakable. The ac-
ton of the market was clearly toward
resistance of any elements Of depres-
sion and the closing was irregular
and strong.
Bonds were irregular. Total sales.
par value, ~$2266, 600. u. S. registered
have declined 5-8; the coupons 3-4;
the As registered 5 IL and the cou-
pons 4 per CEN in the bid price on
call during the week.
Total sales stocks today $4,000
shares including copper $4,000; uga
LOO; tobacco 500; A. c. L. 500; G. q
O. 800; L. & N. 900; n. & w. 500;
So. Ry. 500; Do pfd 400; up $4,000,
V. G. Chem. 100; Do pfd 100; Sloss
Sheffield 500.
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-10-29

camille circles. 1t is not to be sup
posed that the process of readjust-
ment is complete. 1t is likely to go
on for some time to come. Probably
some recovery may ensue later ono in
the security markets. but the fact that
we have fairly entered into an era
of business reaction may as we'll be
accepted Contraction must follow,
and if commercial embarrassments
multiply they must De accepted philo-
sophically as a part of the general re-
action. Prices in the commodities
markets will now " to take their
share of the decline. Extravaganza
will cease and economy will become
the order of the day. New enterprises
will be suspended for some time to
come and there will be a lessened de-
mand for both commodities and labor.
This part Of the process of readjust-
ment will be unwelcome, but it is inc
vitable and is the only way for a sub
stantial re-establishment Of confidence.
By means of such adjustments we
should each q lower n more stable
basis for a business revival later on.
One important fact should not be
overlooked. Our crops are bringing
profitable prices, and there is sure to
be a good demand, both foreign and
domestic for all that our farms have
produced. This will prove a valua-
bic support to business throughout
the country. and will do much to off
Set dIy lttCllO1 Ill liz lI1uuSLIldI uelQ.
Many securities are now at bargain
prices, and small investors have col
lectively absorbed considerable
amounts. Security prices have also
reached a point where European buy
ing must become a factor. Europe
always takes our obligations at a
price, and as soon as convinced of our
determination to secure financial re-
forms will renew it's confidence in
American stocks and bnds The
elimination of big plunging specula-
tors will do much towards this restora-
ton of confidence. In this cOnnec-
ton it is to be hoped the administra-
ton at Washington will pursue its re-
forms with due regard to the sensitive
ness of the situation. These reforms
are necessary, and no one doubts for
a moment the presidents firmness in
carrying out his we'll known policy.
There is, therefore the less necessity
for disturbing celebrations in times of
stress. An unfortunate and unneces-
sary tendency to hoard ash exists,
which aggravates the money situation
and should be discouraged at every
opportunity. In general, however.
the outlook is much improved; the
worst is evidently over, and invest
ments can be made upon a safer and
more profitable oasis han at any time
this year.
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-10-29
Baltimore Provision Market.

Baltimore. Oct. 26.--Flour dull. winter
patents S5.O0@S5. 20; spring patents $3.50
500.
Wheat, quiet, Spot contract fO3h01035S;
Southern by sample 100.
Corn hrmer, Spot mixed 67A0--.; No 2,
white 6740-.
Oats dull, No. 2, Mixed 55055H.
Rye easy, No. 2, Western, 96G.-...
Butter firm, Fancy imitation 24G.25; fancy
3013E fancy ladle 22023; Store
packed 1920.
Eggs, steady, unchanged 25G26.
Cheese, firm, unchanged, Large 1865
small, 1865.
Sugar unchanged; coarse g~ranulated $40,
fine $40.
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-10-29
Stocks and Bonds.

new York. Oct 26.-Quiet condi-
tons reigned the Two
hours session Of the stock
To-Day Owing to the rule OF procedure
there By which loans on Friday carry
over until Monday the following
week, the immediate borrowing OF
money was not a necessity and the
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-10-29
NOTICE.

Having qualified as executors Of the
will of the late Eliza j. Chappell we
hereby notify all persons indebted to
the estate Of said Eliza J. Chappell 70
come forward promptly and settle.
and all persons having claims agains.
otherwise this notice will be plead in
debar CT their recovery of said claims.
L. N. CHAPPELL,
II. A CHAPPELL,
Executors.
Address H. A. Chappell. Forestville.
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-10-29

a. oaanxe az Easy. per Dbl. sa-ooasaoo. nav
@S2.37: southern si7su - per 80 s%Es
reanuts steady fancy haud-ng.k AZ
~herdomest s1G7. 'Ae1 o.
cabbage, steady. Dants,
90 per crate si.a311.s2, Ton - .-I
Red Savoy 1914 s iH@ha ana
Sossohoy steam ID Liverpool 1se.
miIis see1 oil weak. Prime crude. /, q. b.
US ~, prime sumner yellow ata-
oa suinn.r yellow, a0Ga3; good of summer
800. t43: prime white 500. prirns
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-10-29
NO ROOM NOW FOR PANIC.
Crops are Bringing Profitable Prices
and This Will be a Valuable
Support to Business
(Henry CleWs.)

The stock market stood I'D spleu-
didly against the recent storm Fer
tunately. LIQUIDATION in the u
market has sire 1gthened the market
against further attacks There IS
now no room for panic. The effect
of this collapse has not doubt reached
the climax in financial circles. and Ii
now remains to be seen what the ef-
fects will be in industrial and mer-
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-10-29
Naval Stores.

Wilmington, Oct. 26.-Turpentine, steady,
receipts IS casks.
Rosin .....-....; 385; receipts 223 bills;
Tar irm; receipts so.
Crude irm; S2.75, Si.0o1Si00.
Charleston, Oct.26-Turpehtine firm, SEQ
SAVANNAH, Oct. 26.-Turp entIne firm,
SEA; sales, sos; receipts, 759, shipments,
1872.
RosIn nrm; sales 2.2ia, receipts 3,2oS, snip
ments 2,793: stocks, 81, 522.
AS42s, si.25, @ S2.25 $3.50, E 1897
FS4.SO, GSE57, II Sass, Isl.6o, X sass
NJ xS.50, n S. SD, VIC $685. WV $685.
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-10-29
Raleigh Spot Cotton.

Receipts yesterday ......... Is bales.
Prices yesterday. 10 SIS to 10 3-4c.
Receipts year g ........ 100 bales.
Prices that day =. 10 Tie to 10 5-8c.
The amount of cotton being sold on
the Raleigh market these days, since
the price dropped below II cents, is
quite small. Comparatively little is be-
Ing brought here and a god proportion
If what to the city is not sold
hut stored in warehouses. The farmers
Ce not at all inclined to sell at pres
Ell prices.
Other Cotton Markets,
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-10-29
Dry Goods.

New York, Oct. 26.-The dry goods
market was very quiet for h day.
There is much uncertainty about the
future, out nearly all reports agree
that price recessions are unavoidable
Linens are quiet and firm. Reports
from abroad state that nan looms
are being shut down on high priced
goods. Burlaps are firmer.
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-10-29

Messrs. D. Wood and Lem Brown,
returned yesterday from a fishing trip
to 600 Creek. Mr. Wood says that
one day they went out and caught
nineteen immense clubs, four of them
weighing twenty-five pounds. This is
a record day for creek fishing. He
said they had a good time and were
anxious to go angling again oon.-
kinSton Free Press.
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-10-29
New York Money.

New York, Oct. 26-Money on call nom.,
IS per cent; ruling rate so; closing bid so,
offered at SO. Time loans nom, so days
So; 80 avs 6hD7: s months 6 per c. Prime
mercantile paper 707a. sterling exchange
nom, with actual business in ankerS bills
4sa.75G4s2.2s for demand and at a77.509
AS 90 for 60 day bills. Commercial bills 474
@176. Bar silver, 604. Mexican dollars 47h.
Irregular,
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-10-29

I--T UIOtatiOnS WlTe as follows:
Fi1u- easy; winter patents, sa.201S4.5 SO,
S. s5rIf[hs SSoass. - bakers, s2SSg n
S3sA. ,Vtn3f Nc . SaS9soa No. 2 460n10S
n. 49, 9sS
go red 95H19S; corn No. ., 59k0---;corn
. Z Yellow 594G6G; cats NO. a9A; NO.
"t-sl ----; No. 3, white, 449a51. NO. z
s good feeding parley oo1lo'
NEW 3o'h Erosieio"s
New York. Oct. - dull. Mimi
nutaatenf5 3 an. do bakers S.. 6 o
s3~GE.v.lrar n3tantS SlaS straights
SIS g. sR.9a.
Rye Hour steady. fair to rood SIS. o00$5.2 rs;
thut ID fanry s. .psIE.5o
B4c. wheat ionr steady. 81 S
H|sc.rarat guIiat. ss.a0.
Cor. .l.4r staatIvy' 41na =, zsas,.ea coarse
hs5 st.50, kim dried So,
RE- ~ n p Isetsrn ~
H.- Sa
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-10-29
l-. the Associated Press.)

Sc. york. oct. 26-The cotton mar
.r.i steady at a decline of 7
re r..uts and . off to a net loss
~ r. rr rs points right afterward as
r.- stt lower cables and reports of
.-.- ..feriOr spot markets. The de-
-. .ts checked by heavy demand
w.. r.. uary, presumably for short ac-
.- ..l h market during the mid
~ u the morning was and
t~rs.r BY two or three points up
t1 tse lowest. General business was
, The leading English authority
+l..Ms requirements of American
-.. Tor the esason at 1%.2,OO0,OOO
nrr- The market closed steady with
-~..s- to 10 points net low.
Receipts at the ports today 46,252
a,es against 1895 last week and H.
IA last year. Tor the week $4,000
ta'es ~against 321,615 last week and
a,a-94 last year. Today's receipts at
yer orleans 5000 bales against IA
og last year, and at Houston 9,267
bales against 1920 a s year.
New York, Oct. 26.-Spot closed quiet.
Htdiug uplandR f3.95; middling gulf 1920.
-aes 1900. bales. Cotton futures opened
STEADY and c.oBed firm.
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-10-29

The express cars on the Norfolk and
road are loaded with boxes
of fish, which signifies that the fish
bushes is booming at Morehead. An
extra car is necessary to take care of
the shipment.
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-10-29

President Gannon's car. of the Nor
ok and Southern Railway. arrived in
the city last night attached to the
train from Norfolk The car was
transferred to the train to Beaufort,
Mr.. Cannon was entertaining a party
of friends on board.-New Bern Jour
nal
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-10-29
GOTTON'S EARLY
DECLINE CHECKED
Sharp Loss Right After
the Opening
rvENED UP AT CLOSE

,-,.,, demand o January Stopped
.. uaaruard Tendency of Prices
receive and n Half Millions Es-
rrr..rc,- as the Worlds Need
~ the american Crop.
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-10-29
The
Union Central Life Insurance
Company


HAS SUCCEEDED.
L. most economically managed.
Selects only choice risks. hence had Je
Lowest death rate for last 90 years
largest profits from Its I'm vestmenfs;
rays the biggest annual cash df yIdends: fhas IL
GIVES INSURANCE AT LEAST POSSIBLE COST.
EEsi POLICY FOR BUYER OR SELLER
1ooo agents can get choice teri itory.
CAREY J.. HCyTER d BRO. State AgcntA
Raleigh. n. c.
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-10-29
Liverpool.

liverpool, Oct. 26.-Cotton spot quiet.
American middltng fair 6 SO, good niddlfng,
G23t u~lddl!ng 6. %, low middling SIT; good
ordinary 5.23, rdinary 6
Ire sales of today were 5000 bales of
which 500 were for speculation and export
ar4 included a, 500 American Receipts II, 600
tales, including 5,400 American.
Cotton futures opened quiet and closed
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-10-29
Grain and Provisions,

Grain and Provisions.
chicago, Ill. Oct. 26.-Higher prices
Tor wheat at Liverpool had a strength
eHlng effect on the local market today,
The December delivery closing at a net
gain of one cent. Corn was I'D SIS.
oats were also SIS higher. Provisions
We're ) to 7 IL TO 90 cents higher.
Highest. Lowest Closrg
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-10-29

Ports Tone EMiddli'g Receipts
The farmer and mechanic. [volume] (Raleigh, N.C.) 18??-19??, 1907-10-29

Address n. a. Chappell. ForestYille.
n. c.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-01-03
Mining Notes.

O. weiser superintendent Of the White
Pine County Gold Mining company left
Wednesday for this Cherry Creek pro-
perty with force Of men to resume ac-
tive operations.
G.. w. Lsmbourne. secretary and treas
urer Of the DAILY Judge company, is back
from New York Mr. Lambourne states
that Mr.. DAILY and family will sail for
Europe on the tenth.
General Manager Ed Hoffman, Of the
l.. VI. Sullivan Trust company's proper
ties. left Wednesday for Manhattan 10
resume his duties there. Enroute Mr..
Hoffman VIII visit the Eagles Mes, and
Hailstone mines of. the company at Fair
view.
CLAUS Jeldness. general manager Of the
Ely Consolidated company, arrived in
spokane. Mr.. Jeldness VIII leave for Ely
today TO again take up the work OF open
ing up this property.
Prcsiden, and Manager Tony Jacobson.
Of the Columbus Consolidated company.
has returned from Alta. Mr.. Jacobson
reports very satisfactory developments
upon the Columbus Con. and the South
Columbus Consolidated properties.
Sam Levy, OF the National Exploration
company returned Wednesday from Yer
ineton. where he spent several days upon
company business, Among the many in
terests OF this company, the Malachite
property at this great copper camp Is not
the least regarded by the company.
Charles D. Rooklidee. who retlres as
manager Of the Pioneer ore Sampling
company, has taken offices on the second
floor nt the Hooper building. at which
place The business of the Yer!ngtop Cop
per company and the Wheeler Gold Mines
company will he conferred.
Frank Schwudler, of the Helnze staff
Of experts returned Wednesday from an
inspection visit to the properties under
his charge at Bingham.
j. g. Jacobson. manager Of the Ely
Resurrection company, left last night for
Flv To- resume the active campaign OF de-
velopment work upon the property OF the
company. which was interrupted for the
time being by the Christmas rest
The Columbus Consolidated company Is
preparing for the payment of the initial
dividend Of that organization. The checks
will bc handed out or. Saturday. and the
sum or Sl2.oC0. 20 viii be divided among
the stockholders Of the company.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-01-03
FINE SHIPMENT OF
ORE FROM STATEL|NE
Big Fourteen Company Markets
Its Richest Car During Last
Month.

During the last few days of the dead
year there was a shipment of ore made
to the local market by big property
in new and struggling district Of
Utah that received but scant notice in
the rush incident to the closing of the
old season. This shipment consisted of
one car of ore from the Big Fourteen
property in the Stateline district. and
from all reports it deserves to be count.
ed among the satisfactory achievements
of 1906. Taking into consid Grafton the
distance Of the Stateline region from
railroad facilities, the expense attached
to the hauling of resources over noun.
tain and desert roads during the winter
days, lt requires considerable mineral
values and as much confidence on the
part of their shippers in their ores to
market resources under the circum-
stances.
The Big Fourteen mine however. is
not an unknown quantity, and in sew
eral circles the possibilities Of the prop.
erty and discoveries of the management
are fully appreciated 1T is understood
that this particular assignment ran up
to 3,1S ounces gold and 597 ounces sill.
yer per ton. II Is by far the most sat
isfactory shipment ever made by the
Big Fourteen, and no doubt will cncouT-
age the same company To repeat the
trick several times during the present
season. ASIDE from disclosing recently
some very fine shipping grades of orc,
the Big Fourteen management has ac.
cumulated n great dump of from $40 TO
500 ore for future disposition,
Statehne is one region of Utah about
which the general public knows and
hears very little. Mining has been car.
ried on by a few faithful owners of
property who care little for the hard
ships incident TO distance from trans.
portation facilities and base Of sup
plies. Their activities are serving TO
open up some fine mineral showincs.
and there is a quiet movement on foot
in some circles to acquire Stateinc
ground before the real merits of the sec.
tion call for recognition on the part OF
the mining fraternity generally. a
boom, has been predicted for the dis
ttrict this year, and few shipments
like that Just marketed in this city will
serve to hasten forward this era Of
prosperity for the Statcline region.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-01-03
SUBWAY FOR PATENT.
Talisman Company Getting in Condition
for Prosperous Season.

Consulting Engineer Donohue and Sec
r"tary Stringfellow. OF the Tallsman COM
panY. returned Tuesday evening from
the property In Beaver county. Mr..
Stringfellow stated Wednesday to The
Tribune that the management had
huckled down TO hard work again after
The holiday lull, and that Interesting de-
velopments can be looked for during the
immediate future. The property, he
states. Is In splendid shape the company
still utilizing the whim pending The ar
rival and installation Of the hoist now
enroute 10 the mine. The fact that
practically all the workings are now I'm
ore VIII assist the company greatly In
making up the consIgnments to market
which are n generous part Of the pro-
rramme mapped out for the present sea-
son.
\ portion Of the Talsman possessions
a this time Is not patented. and force
ut surveyors is at work preparatory TO
securing patent for all the group. Mr..
Stringfcllow is greatly pleased with the
present condition OF the mine. and pre-
diets satisfactory and remunerative
year for the company and stockholders.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-01-03
Manager Ernest Bamberger Has
Formed Outline of Method
to Develop Mine.
WILL WIDEN TUNNEL
TO WINE NUMBER ONE
Upraise TO Surface Where the
Hoist Will Be Installed
BY Management.

General Manager Ernest Bamberger
of the Ely Witch company returned on
Wednesday from this interesting Ely
proposition, after having made thor
ough examination of the same with a
view of mapping out the future cam
paign of development work. The Ely
Witch ground originally was acquired
by r. III Claiming and associates, and
on account of its location, nesting rs
il does fairly upon the great Ely min.
eral zone. the group has attracted and
held the attention of the public. The
company now in charge is one OF the
powerful organizations OF the district,
and the management has all the plans
laid for most vigorous campaign of
exploitation.
Mr. BambcrgeT stated yesterday ar.
tcrnoon that II was the intention OF
the company TO push the development
work with all possible vigor, and IN
spite Of the general shortage of mining
labor and supplies, he expects the com,
ing few months to bc most active and
satisfactory in result. The property has
been given over 30 the charge of u. w.
Wicks, who has achieved distinction for
his successes with the Cumberland-Eiy
company up TO the present time. and
who for a time was the field expert
for George y. Gunn.
III is tne purpose OF Jnc COMPANY :
stated Mr.. Bambcrger to widen out the
tunnel as far as winze No. |, about 300
feet from the mouth. The management
will then run an upraise to the sur
face. where n hoist is to be installed.
The Wine Will be driven to still great
er depths and the main work Will he
centercd at this point. The hoist will
bring the ore TO the tunnel level, and
then disposed of through the tunnel.
Mr.. Bambcrger stated that as soon as
several parts Of the broken churn drill
can be secured from the East, this ac-
ccssory will he placed in commission
again. He is more than pleased with
the present condition Of Ely Witch af-
fairs and his examination has served
TO emphasize his first favorable i'm
preston regarding the property.
In regard to general condition at Ely,
Mr.. Bamberger states that both miners
and mining supplies are hard to get.
The work upon the mammoth Nevada
Consolidated and Cumberland Ely smelt-
er is being urged forward with good
speed. He states that the recent ac-
QUESTION by the Federal Elv company
of the Queen of the West and Harmon
groups was a splendid coup for this
Salt Lake organization, as these groups
are extremely valuable.