davidaulloa/AmericanStories huggingface dataset:
Hattiesburg daily news. (Hattiesburg, Miss.) 1907-1908, 1907-10-05
Three Affidavits Were Filed Against|
Meridian Private Wire Com
pany Yesterday.
CHANGES Are SUSPENDED
PENDING GOOD BEHAVIOR
Manager Wise Claims That He Was
Operating in ignorance of the Law
and That He viii Not Book Fur
ther Orders for Futures.
Dealing in cotton futures is dead in

Dealing in cotton futures is dead in
Hattiesburg.
Yesterday three affidavits were
made before Justice Paul B. Johnson
by John Dossett, all against John A.
Wise.
The first affidavit charges that he
did .nnlawfully sell commodities to
be delivered at future date, without
intending actually to deliver the same
kind and quality of said commodi-
ties at the same. price agreed upon
Another charges~that he unlawful
ly did sell commoditieS 70 be deliv-
cred at future date without fstend-
ing to actually deliver said commodf<
ties as sold, at the price agreed upon.r
The third affidavit makes the
charge that he "unlawfully did oper-
ste a gambling house for gain and did
1.eaisaiiy aud ,kpowinglx.. .permit gam.
6Iine' snss :, = . 4. ||E 3
Sae, be consnlt1 ||y
to he law soncsS Ssniag operad0hs ln
futures according n tne customs IN
vogue to learn thai nag osen 90
ing business contrary e me avs q
Mississippi. He subj snus caslea
on Justice Johnson and I'M l'nea tnat
gentleman that he proposed io o5f
the law and would at once cease oper-
ations in futures. whereupon the jus
tice consented to withhold prosecu-
tion in the matter pending his good
behavior.
The consequences is that this morn
ing the devotees of the Goddess of
Chance" will find notice posted inS
the Meridian Private Wire Company
office to the effect that there is moth
ing doing" in dealing in futures-the
picture of the goddess is Arned to-
ward the walt
Mr. Wise made a statement to a
Daily News reporter yesterday after
noon to the effect that he had been
ignorant of the law, but as soon as
he learned through his attorneys of
the conditions existing he had decided
to cease the business as heretofore
conducted, for good. He stated that
all old trades on hand would exhaust
themselves or be closed out and that
he would no longer deal in "commo-
dities to be delivered at future
date"
Mr.. Wise said, however, that as he
had already paid for the wire until
the end of the present month he would
continue to receive the market quota
tions for the benefit of the cotton
men and merchants of the city and
that he was going to endeavor to in
duce those gentlemen to subscribe
to sum to be used to continue the
quotations.
He stated emphatically that he
Wouiu not commune 10 zeal IN futures
since he had been convinced that it
was against the law.
BY telephone Justice johnson told
the Daily News that he had agreed
to withhold prosecution in the cases
as long as the law was not broken
and substantiated Mr.. Wise's state
ment that he was going to quit the
business of dealing in futures, con-
trary to law.
Mr.. Wise is in doubt that he win be
able to secure enough subscribers to
continue the quotations as the ex-
penses are very high, but said that he
would remain In Hattiesburg and
continue to deal in spot cotton as
formerly.
Hattiesburg daily news. (Hattiesburg, Miss.) 1907-1908, 1907-10-05

FRIENDS OF MISSING MAN
THINK HE WILL RETURN
TO EXPLAIN MATTERS

That "Jim" Harper was missing,
and that there was an alleged discrep-
ancy in his accounts, awoke Hatties.
burg with a severe shock.
The statement of the directors of
the First National Bank, as it ap-
peared in the Daily News yesterday
morning, was the first intimation
most people had of the affair, al
though there were those who had
learned of his continued absence and
We nrowing persistent in their in.
= the bank as to his where
ose continued inquiries
whicA the officials of the
bank u an authoritative
statement as seen that the
affair was a 3 blpme public.
The stateme6t as q out by the
bank sad the fuller dkti|6 6as given
in the newsNstQry Of the - News
caused genuine ensation =. the
many friends Of the AssiseafN |ier
and not one, OF the Mndfeo
knew him, could be fouiNp W
not express the greatest sdr rprise
sorrow coupled with the Beiiei -
he would come back and Nraignten
out what they considered s&ip'y
mistake or a series of mistakes " ms
books and accounts.
EXPRESSIONS OF REGRET.
During the day little groups of men
gathered on the streets and in public
places eagerly discussing the sensa-
tional affair, and the warmest and sin
cerest expressions of regret and deep.
est sympathy were everywhere to be
heard. Men were loath to believe that
"Jim" Harper had committed such an
indiscretion as is virtually charged
against him and all kinds of specula-
tions were made as to what really
was the cause of his continued alb
sence.
1t was openly stated that were he
actually guilty of the alleged indis-
cretions his friends would have raj
lied to his support on the first intima-
tion of trouble and that he could have
made good almost any reasonable
amount. There were several who said
that, individually, they would have
furnished him the means to replace
any moneys that is alleged to be short
and unaccounted for
The oncensus of opinion seemed
to be that there was nothing in the
theory that Mr.. Harper han gone
away because of discrepancy in his
books and it was the general belief,
among those who knew him best, that
he would return within few days
and then all of the misunderstood mat
ter would be explained
EXPECTS HARPER's RETURN.
A close personal friend of the miss
ing man, who declined to allow the
use of his name in the paper, but
whose statement is absolutely relia.
BILE, had this to say:
81 saw Jim Harper on Friday
night before he went away and at the
time he informed me that he intended
going to a certain place in another
state on business of a personal nature.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-01-25
Mining Notes.

Five cars of ore from Utah properties
were released from the Pioneer sampler
yesterday morning.
Roy Ridge. the well known Goldfield op-
orator. was i'm the city yesterday on his
way TO camp from an eastern trip.
There were released from the Taylor *
teen carloads of ore from Utah camps.
Fred A. Flindt came i'm from Yerington,
New. yesterday afternoon. but he was not
in evidence when the news gatherer took
up his trail.
Herman II. Green is back from trip
to the properties of the Western Utah
Copper company in the Chtton district
much impressed with the showing that
has been made since he was last there.
Manager Walter James of the Black
Rock properties in Beaver county, who
is up doing legislative duty, states that a
to prospect the big iron blowout that Oc-
ours i'm the ground. The new shaft IS
now down sixty feet and a contract has
just been awarded for another 100 feet OF
work in the same hole.
A big consolidation OF properties in
Humboldt county, Nevada. has been per-
fected and within the next few days the
papers will be filed here and the person
mel of the syndicate that has worked the
deal will be disclosed. The Nevada Union
and other propositions in which Salt Lake
talent is interested in the vicinity of Mill
City will figure in the proposition and
some of the biggest operators in titan.
Nevada. California and Montana, ii is
said will be found identified with the
corporation that is take over the mines
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-01-25

GOLDFIELD'S EXCHANGE.
Starts Of to Big Misunderstanding
House a Feature.

With the first days transactions aggre-
eating 2O4,350 shares, the GOldfield stock
exchange board inaugurated business on
Monday under the most favorable and en-
cOuraging auspices. The great volume
or business which the members account
ed Tor was no surprise TO the people OF
Goldfleld- for its success was d fOregone
conclusion
The handsome exchange room was
crowded for some time before the call,
which began at 10, a. m, and after
speeches by President e T. Patrick and
Secretary Lewis II. Rogers. the trading
got under way at once with William +.
Hayes welding the gavel. To judge from
the crowded portion of the room occu-
pied by the brokers il seemed that every
one OF the 200 members was present and
that they were all well primed with or
ders. mostly on the buying side
The first session was fixed to extend
to L noon when an adjournment was
taken until 80 D. m, This announce
ment was varied on the following days
and the exchange now meets at 1880 q.
m. and ut 1870 in the evening.
Comment was everywhere very favor
ments made Cor the convenience of both
the public and the brokers, the large
and prominent blackboards clearly in
view of ali being especially notable The
space allotted to the ladies' is another
popular feature and rarely are any of
the chairs provided for their comfort I'M
occupied during the call hours. George
Peer. chairman OF the committee to
and his associates. were the recipients of
many congratulations on the way in
which they had performed their duty.
The merits of the clearing house syS-
tenn and the manner in which il cXpc-
diteS and simplifies business are realized
to the fun by all Of those brokers and
their customers unaccustomed hitherto
TO this convenience. and the machinery
is now running smoothly and TO the sat
fsfactiOn OF all. The clearing house is
under the management of MIR. Fagin of
Colorado Springs.
The Goldfield stock and exchange board
starts off with prospects of the best. The
personnel Of its membership the roomy
quarters. though but temporary ones, and
the thoroughly up-tO-date cOnvenlenceS
assure il a career of great usefulness
and a success that will eclipse that of
any institution of its kind in the coun-
try.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-01-25
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 whom il is secured
for use in this department of The Herald:
Boston. Jan. 24.-President Paine Of the
Copper Range issued a statement this
morning that the Copper Range would
enter into no combination OF Lake Su-
perior properties and this caused some lit
tie uneasiness that perhaps the rumors Of
deals are unfounded. About nOontime a
statement was issued by the Amalgamat-
ed people stating that they would be in
terested in no combination. as the prices
asked were too high. Those two reports
brought i'm more or less speculative sell
ing and the market was errauc all
through the day Toward the close conf
dence was restored and under the leader
shin of Osceola the whole market closed
strong Nevertheless. we would advise
selling on any bulge tomorrow. Quota
1
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-01-25
SHELTER SITE
IS SETTLED ON
Utah Con. Company Makes
First Payment on Pine
Canyon Property.
SURVEYING FOR RAILROAD
VENDORS GIVEN TILL DEcEM-
Der TO VACATE GROUND.

a special message from Toocle City.last
evening says the Utah Consolidated COM
panv has paid 5000 to the farmers own
ing land and water IN Pine canyon. this
being the first payment on the $4,000
option taken by the company last No
vember. The balance is 10 be paid on
or before June 1 next while the farm
ers arc TO be allowed the use of their
lands and water until the first Of next
December.
The new 81 100000 smcltcr is to be built
On the northwest quarter of section Il,
township south of range west. which
is upon the bench land between Levitt
canyon and SwensOn hollow.
Superintendent Matheson Of the Utah
company pronounccs the smclter site an
ideal one. and says that its elevated po-
sition Is such that little or no damage
will be done 10 the farming lands in the
valley below.
Besides the lands included i'm the Pine
canyon option herein mentioned tempo
rary options have been signed by the
farmers Of 'roOelc and Lake View giving
the smeltcr company possession of
enough ground around the smelter site TO
remove all doubt as to the erection Of
the smelter there in the immediate fu-
turc. Two companies Of surveyors are
now making the necessary surveys for
the branch railroad which will be the
first work done in order to get the build
Ing material and machinery on the
ground
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-01-25
RICH ORES IN DALY-WEST.
important Strikes Have Been Nu-
merous Recently.

Strikes OF high grade ore in the DAILY
West mine al Park City are becoming of
such frequent occurrence that the man.
.agement declares IL is afraid 70 enumerate
them. as to do so would be to invite in
credulOus criticism. The first results
from opening what is termed the Little
BELL contact were so erratic and unsat-
isfactory that the management of the
property never thought or such thing
as claiming a strike. A change has come
however, and now. instead Of running into
ore one day and out Of il again the next.
some substantial and magnificent shoots
OF rich rock are being developed
a new parallel fissurc to what is termed
by the company the black ledge and
which has been so productive OF high
grade ore IN the mine has recently been
opened and Manager Bamberger states
that II is opening up splendidy. In adj
ditiOn. some new disclosures nave been
made in quincy territory and the outlook
for the future in this portion OF the COM
pany's great domain could hardly be bet
ter. As soon as spring opens and the
roads are I'm condition the old Quincy will
begin shipping at a rate that will glad
den the hearts OF the stockholders.
Other portions of the mine are respond
ing in way that is little short OF sensa-
tional. and the claim is now made that it
IS many long day since the Daly-W est
was able to show so much rich ore in
sight as il boasts at the present time.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-01-25

were filled At the san,e time the Dit
was flooded with selling orders from To-
cal and outside longs. This started
prices downward. Selling became more
general as trading progressed and toward
the end of the session the market became
decidedly weak. The news of the Gay
favored the bulls. there being almost
nothing in the situation 10 encourage sell
ing. The market closed weak with prices
near the lowest point of the DAY May
opened Jsdhc TO Sc higher. at Use To
79190Ssc. sold off to 7S2sM1Slzc and closed
&c down at -7Sla GI7S5sc.
The corn market was also Weakened pN
general realizing. The selling seemed to
be due entirely to the desire TO secure
profits. The market closed weak WITH
prices almost at the lowest POM MAY
opened a shade higher 20 hM2sc lower AZ
1915 TO 461ec. sold off TO 45S4 U41'sc ana
closed I26C3sc off at 457sc.
The weakness of wheat and corn had
little effect on the oats market. winch
was firm because of buying by q leading
bull May sopened unchanged 10 a shade
higher at 3S2sc to 3S9s612c sold between
3Sh 03S$sc and 3S5sc and closed a shade
lower at 3SAM3S2sc
Trading in provisions was quiet. me
feature of the market was buying b OK
porterS. Because of a smaller movement
of live hogs there was less disposition TO
sell A scarcity of offerings was cherry
responsible for a firm close. AT the close
May pork was up cents: lard was up Zi2
cents and ribs were 2iAd5 cents higher.
The leading futures ranged as follows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-01-25
SOME FIGURES ON CACTUS.
Great Masses of Ore Average Over
IS Per Cent Copper.

4 bit Of absolutely correct and reliable
information concerning the character of
ore that Is being developed i'm the new
ground of the Cactus bonanza of the
Newhouse Mines & Shelters corporation,
cropped to the surface yesterday. 1t is
significant not only OF conditions on the
fourth level in the new portion of the
mine. but il is also suggestive that dis
closures OF tremendous Importance are on
the eve of being made on the fifth and
sixth levels, to say nothing Of what II
suggests for levels that are being reached
out for below the sixth or 600-foot level
of that property.
An assay sheet from the mine discIoses
the fact that the sampling of ore covered
by twenty-five sets of mine timoers gave
returns Of Go up to pa per cent copper.
Sixteen of the twenty-five sets of assays
showed percentages ranging all the way
from 11.9 TO the highest, while an aver
age of the lot attested the presence Of
better than 10 per cent copper The num-
beTing of the sets on the face of the as
say sheet, while not conclusive. suggested
that the samples had been taken through
the lateral distance of more than fifty
feet and at two or three places to
height of about twenty-five feet above
the fourth level. AS no explanation of
the numbering system on the sheet ap-
peared. the shape of the ore body thus
sampled is only conjecturai As each
OF ore approximately six feet square. or
ZIG cubic feet, and as ten cubic feet would
be a liberal allowance for a ton of the
ore. each set sampled represented 20.6
tons.
Counting il all up and allowing the mar
ket price Of copper for the better than
200 pounds contained in each ton Il is
seen that there Is not far from $4,000
worth Of ore in this little spot in the new
workings. No account is here taken of
the gold and silver contained in this ore
and. as. the assay sheet did not cover
these metals. there Is no way Of esti-
mating their value. 1t is an open secret,
however. that all the ore found in the
new portion Of the mine carries high val
ues in both. so il would probably not be
an extrava CANT statement 70 say that this
ore is worth nearly. if not quite 800 a
ton.
That such space in the newly devel-
oped ore bodies of the Cactus averages
so high means something. II means that
the high-grade streaks in the monster ore
body that has been crOss-cut for approx
mately 300 feet and followed along its
strike for over 600 feet or had been sew
eral weeks ago. cannot fail to hold out
there TO the sixth level, while. according
to rule, il should be growing richer and
bigger as depth is attained. With this
character of ore making In great ribs or
lenses In the mass Of milling rock that
will likely average four per cent copper
or better. aside from the gold and silver;
with 300 tons of the latter being con-
verted into 800 tons of concentrates a day.
and with 200 to 800 tons OF the first class
being daily shipped with it, little figuring
is required TO see that the Cactus viii
make the biggest mines Of the west go
some to keep I'D with IT.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-01-25
New York Curb
DOINGS IN UNLISTED
STOCKS ON EXCHANGE

There were lively doings in the unlisted
stocks yesterday. Federal-Ely was trot-
ted out in big blocks and during the
trading probably not less than 10000 TO
12OOO shares changed hands. Ii sold at
~ to 80 cents and 1t was q matter for
general comment that it held SO strong.
If everybody knew as much about the
nroDerty as some do it's strength would
not be as hard to account for. Copper
Glance was also lively and sales were
made at 20 to IS cents. Ohio Copper
showed fine strength and sold rapidly up
the line from $50 10 $3.50. Ely-Witch
sold at $3.50 to $LS715 and Western Ne
vada Copper again brought SL4o. Ne
vada-Douglas sold 200 shares at 5000
lucky brought $3.50 Naildriver remained
at as cents bid. Honerine sold for 20
cents and Mechanically remained UNI
changed at $50. There was considerable
trading i'm bingham Standard at $1.20 to
81 22ib while Mason Valley, old stock, was
at S14 bid and $17.25 asked.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-01-25
DRAIN TUNNEL
OPENING SLOW
Another Cave Is Encountered
and Drift Around 1t Has
Been Started.
MAY TANK OUT MINE SHAFT
ONTARIO MANAGEMENT ANTIcI-
PATES BUT LITTLE TROUBLE.

Another cave has been encountered
ia the Ontario drain tunnel. another
bulkhead has been constructed and the
management has commenced the driv-
ing Of another encircling drift on the
south side of the main avenue to get
around it. The tunpel was cleared for
over 500 feet after getting around the
big cave when another was struck. This
one is located about 500 feet from No.
2 shaft, and as the ground is solid,
though blockv. il is not anticipated
that much difficulty or great deal
of time win be required to pass this
obstruction
After running parallel with the tun-
mel for short distance, it is tie intcn-
ton to again bring the diamond drill
into play and learn what conditions
are. If the main channel is found 10
DC unObstructed at the first trial con-
rections will be made and the water
drawn II. If it is evident that there
is more caveG ground than count I'd
upon the drill viii! be directed farther
ahead and the tunnel felt Of in that
way several times, if deemed advisa-
bic.
1t is not believed that there is much
more bad srOund between the present
cave and the No. shaft. and il is also
quite certain that there is 40 grave
Instructions i'm the mine near the shaft
Recently a weight was lowered into
No. and il went down close to the
tunnel level without having it's descent
interrupted. That the workings be-
tween Nos. 8 and 3 shafts are not caved
i'm is evidenced by the fact that the
water in each remains at practically
the same level. or at close to the 1,150-
foot mark in No. 3.
Manager Ernest Ramberger stated
yesterday that he was also consider
ing the proposition of tanking out the
mine through No. workings in order
to relieve the pressure on the drain
tunnel, once it is opened. AS just
about the normal flow of the mine is
row passing through the tunnel, ne fig
les that by tanking at the rate of
1000 gallons per minute. or $4,000 gal
Ions per day. it might be possible to
clear the mine TO the tunnel level in
a comparatively short time and thus
eliminate all danger from a sudden
rush OF water into the tunnel.
Even though the tanking did not
fully meet expectations in this respect
il is felt that the drawing off Of so
much water would relieve the situation
To the extent Of draining much ground
into which the water has naturally
found its way during the nearly two
years past. so that when the tunnel
is finally opened il will not be so long
till it is possible TO get things started
in the mine. The situation is consid-
cred to be getting better all the time,
ard the hope is expressed that il will
not be long till il can be said the mine
has been reclaimed.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-01-25
GOLD ORE IN THE ALICE.
Dugway Property's Strike Yields q
Big Surprise.

Mention was made yesterday OF a strike
that had been made i'm the Alice Conso-
idated company's Dugway property that
samples OF the ore had been turned over
10 the assayer and that returns We're eX-
pected yesterday. When the certificates
showed up there was some little gaspng
for breath. FOR a gladstone surprise was
found in one OF them. The lead ore was
expected To carry well. and il did: but
the management was hardly prepared for
tho returns that came from a sample Of
disintegrated black iron material which
superintendent r.. l.. Cutler sent in with
the other ore. requesting that il be tried
in order TO determine what il was.
The black iron stuff only assayed
$40. 80 in gold. 2f.5 ounces silver and 1873
per cent lead. The crystalliZed lead ore
samples gave returns OF 6S per cent lead.
1915 ounces silver, a.20 in gold and IL per
cent copper.
The strike was made in a cross-fissure
that is headed for the great lime-quart-
zte contact ledge that runs through the
property for long distance and within
200 feet OF it, The vein is one that had
previously prospected well on the surface
and it was decided that some work
should be done on il. The ore sent in
must have come within a few feet of the
surface. as work was commenced only a
short time ago. The company appears TO
have the making of a big and rich mine
on its ground and some OF the early day
history of the Dugway district is evil
IDENTIFY TO be repeated