davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26
SUlTANA COMPANY
PREPARING TO CUT LOOSE

me Sultana company which owns a
splendid lead-silver property about fiji
teen miles southwest of Vernon, in Tooele
county, in the range sxirting the desert
has decided to begin operations in a sys-
tematic way and make the mines what
they ought to be, heavy producers of fine
lead ores. Up to the present time most
of the work done has been by leasers who
nave cOntented themselves with digging
out what high grade ore they could and
shipping il to the smelters In this way
great deal of work has been done and
tremendous bodies OF ore have been shown
up. The bulk of it would not stand the
long haul to a railroad but now that the
Western Pacific is only fourteen miles
off. conditions are different The COM
pany has therefore terminated It's leases
and taken hold of its own account.
Arch Clayton. who is in from camp,
states that Superintendent n. w. Whipple
is now directing the construction of new
buildings and is also having the ground
surveyed for patent. As soon as he has
provided accomr0 odations he will put on
good crew OF miners and carry on an
energetic campaign Of development and
the blocking out of ores that will place
the property in shape for heavy produc-
ton next year He had already started
tunnel that would cut some of the
great blowouts of ore that make In the
quartzite footwall country. and the in
tention IS to push this through to the
contact with the overlving porphyry. In
! this contact great results are expected to
result from development.
Mr.. Clayton saws 1t is impossible to give
q correct idea of the great amount of ore
/ that makes in chambers in the footwall
| country and. as there is plenty of water
right at hand, he expects to see the COM
pany make preparations to mill the low
| er grade stuff during the coming year.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26
]. A. POLLOCK
ON THE MARKET
Believes Copper Stocks Are
Now a Safe investment and
Sure to Advance.

In a business message to Z. G. Woolley,
his partner. James A. Pollock. of the bro
kerage and banking house of James A.
Pollock & Co., who is now in st. Louis,
expressed himself on prevailing conditions
in manner that will be read with keen
interest by the thousands of people in
this region who know him. There are
few men in this country who make a
closer study of business and financial con-
ditions than he does, and his opinion on
the markets is sought and given respect
full attention from San Francisco to New
York. From his message the Herald was
yesterday permitted by Mr.. Woolley TO
quote as wOlloWS:
General trade conditions will. in all
probability. show decided reaction be-
fore the close of the year. but il is not
safe to discount much more on the copper
metal l do not believe that 80 1-3 per cent
of the total copper output can be produced
for q less cost than 70 cents, and ii is
always good business to buy any COM
modify for less than the cost of normal
production. 1t may be a long pull but
these good coppecs will bring the money
eventually.
The saving grace for the situation is
that farmers have plenty of money, and
they have good crops that are selling at
nigh prices. After all is said the agri-
cultural community dictates the real eIe-
ments of the cOuntrys prosperity and
while nigh finance may destroy confidence
through sentiment, good common sense
and the good, hard money of the common
people Will prevail in the end"
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26
Mines and Mining Stocks
COLORAD0'S NEW "CAVE"
AND THE SIOUX CON.

From what can be learned at this time
there has been another important cave
strike In the Colorado companys prop
erty and judging from the statement
that Is credited to Uncle Jesse Knight by
d correspondent of one of the papers
here, it does not reach through in the Oh
rection of the Sioux Consolidated, and the
wizard of Tintic'' declares it never VIII
show up there; that its southern minus
have a swing to the east. This Is taken
to mean that it may go into the crown
Point.
There were some pretty warm people
around town yesterday who are interested
in the Sioux Consolidated over the state
ment attributed to Mr.. Knight, and par
ticularly because the story made MIN say
that reports to the effect that the cave
would reach Sioux Consolidated ground
had evidently been put out for tne puI-
pose of boosting Sioux Consolidated STOCK:
At any rate Sioux Consolidated advanced
on the exchange and should 1t happen
that ore is cut in the shaft now headinS
for the 2OO-foot mark, it will jump like
popcorn in a rooster.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26
Mining Notes.

Nine cars OF ore from Utah and four
from Nevada mines were released from
the Pioneer sampler yesterday.
There were released from the TAYLOR &
Brunton sampler yesterday three cars
of ore from Nevada and thirteen from
Utah.
DR.. l.. E. Benson. one of Nevada's sue
cessful mining men and associate OF Fl.
H. Clark's, is here visiting the latter,
and during the coming week he will ac-
company Mr.. Clark to the oil fields.
A report came from Tintic last night
that a strike had been made in the Little
Chief company's property, but details
were lacking. In fact The Herald's in
formant did not know whether the strike
was made in Little Chief territory or not,
but the Statement. at camp was that ga
lena ore had been found going into the
Little Chief, The straight Of 1t will like
ly come today.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26
MINING STOCK EXCHANGE
Market Takes a Brace and Things
Look Somewhat Brighter.

In sympathy with the change for the
better noticeable in the east the local
market has taken brace and things
look better than they have for several
DAYS. EVERY dav for a week stocks have
been seeking a lower level and now that
change has come. a check in the down.
ward course has been experienced, better
prices ought to prevail. There was much
better buying yesterday than has been
seen for weeks, and while the gambling
element was inclined to go short on the
sharp rallies, the situation on the whole
was encouraging.
During the two regular and open board
calls total of 9S $50 shares of stock, with
a selling value of s65, 435, changed hands.
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, 1907-10-26
DEFINE CONDITION
Of ORE MARKET
Smelter Officials Explain Why
Some Mines Are Asked to
CurtaiI Shipments.
TOO MUCH OF SOME GRADES
MINE OWNERS UNDERSTAND
AND ARE HELPING OUT.
TOO MUCH OF SOME GRADES

An unusual condition confront the min
ing and smelling industries of this region
and, in. discussing II, the first thing 10
say is that it is not true that the smel-
tiers here are refusing to pay cash 1or
the ores they buy. Neither the SILVER
King Coalition nor any other company
has made such a statement, but Such IN
ference has been drawn, undoubtedly,
from conditions that have arisen. inns
was made plain yesterday in talks with
both smelter and mine managers IN TINS
city
Here is the situation. During the pres
ent season the mines of Utah. Nevada.
Idaho and other sections of the west have
been producing heavier than at any time
in the history of mining. The smelling
companies have hustled with all the en-
ergy at their command to meet the re-
uuirements of the industry. and, while
their capacities have been materially in
creased. manufacturing, railroad, fuel, Ia
Dor and other conditions have been such
that it was difficult for reduction COM
panies to keep even with receipts of GER
tain classes of ores.
To meet this unusual condition of af-
fairs, the smelling companies have tempo
rarily urged upon their regular contract
ing patrons an easing up in the ship
ments of certain grades and classes of
ore with which their plants are congested.
A message from Goldfield Thursday
night said the Mohawk had been closed
down because the American smelling COM
pany had refused to pay cash for the ore.
In the first place. the Mohawk and other
Nevada ores are not purchased by the
smelling companies direct. These ores
reach the smelters through the sampling
mills in the Nevada camps which buy
them. BY the time they reach Salt Lake
or the several other markets in which they
are disposed of, they have lost their iden-
tity, so it would be impossible to say that
a smelling company had refused to pay
for Mohawk or any other ore similarly
shipped.
But the statement is made here that
every lot of ore received and accepted is
being settled for in precisely the same
manner that settlements have been made
all the time
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26
GETTING READY TO RUN
MILL AT 0SCEOlA

With the intention of purchasing sup
plies for the Whitney MN at OSceoid
which he has bought, Forest -. Goody'
manager of the Boston Nevada Mining
company at Osceola, was passenger
for Salt Lake this morning and intends 10
he absent for a few days, says the Ely
Mining Expositor.
BEFORE eaVing Osceola Mr.. Goody gave
a contract TO Henry Nicholson to haul the
ore 10 the mill from the mines, one mile
away Mr. Nicholson has started to
comply with the agreement. and with
several teams hauling steadily he will
keen sufficient ore on hand to keep the
mill in operation continuously.
Manager Goody has had a force OF
woodhaulers delivering wood at the mines
for the last two weeks. in contemplation
of & long run.
II expect to have the mill In running
order by the LIST of next month";" said
Manager GOOdy TO an EXpositor reporter,
land / am going TO Salt Lake to pur-
chase supplies.
Il will be away for only short time,
as the working of the mine and starting
lp the mill will require my attention.
hone to have the needed machinery in
stalled and the mill in running order in
about two weeks.
Il have eight men at work on the old
Cumberland properties. and they are TAX
ing out fine quality of gold ore Plenty
of high-grade stuff has been placed on
the dump to keep the mill running for
several months. The mill viii be kept
working all winter"
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26
Afternoon Sales.

Lower Mammoth-sO0@$1.2 20; 100Gs1 171lk
40Od$1. 25.
Mammoth-50Gs1. 70.
May Day-656a43c; 950d42c; 2,900d41c; 500
I4Oc; 1,5O1d40c, seller so.
Uncle Sam-600Gi75c; 100G76c; 1O00d75c
seller 60; 5.3O0a77c; 1.600d76c, seller 60;
. 1O017Sc; 1.500d77c. seller 60.
! Beck Tunnel-300177c; 500d75c, seller 50;
700G7ec: 9, 100d75c; 1,000d75c. buyer 60: 800
974c; 10cd77c, buyer 90; 1oOQ73c; SO0Q73c,
seller GO.
Black Jack-2, 5ooQ2Sc: 2.2oe@29c; 10Oa
29lbc.
Crown Point-100G30c.
Mt. Lake-2OOd4Sc; 100d42Izc
Colorado-lO0Gs3. 10; 100qS3. 10; 600ds3. O5;
1OOds3. on; S500$3 .07I5.
South Col-lO0M79c; 400GS0c; 200GS1c; 2O0
Gs2c; 700GS3c; 200GS4c
Sioux Con.-500d34c; 1,000G35c; 8, 100G37c;
/, OOOd37c seller 60; 2,300G3Sc; 1,000G3Sc,
seller so; 500d361zc; 1,500Q371zc; 5O0G39c;
,0O0G39c, seller CO.
Victor-6. 500qS1zc; 1.000d9c, buyer so.
Open Board.
Black Jack-1O0d31c, buyer Co.
Beck Tunnel-500G75c.
Colorado-200GS3.1 Is.
Daly-Judge-100ds3 IS.
Seven Trougns-1, 000q25c.
Sioux Con.-6yod3Sc: 2O0G3S1kc; 45oOG39c;
/. 000d39c, seller 60; 500d40c, buyer 80; 1000
@4Oc.
South Columbus Con.-300GS5c.
Uncle Sam Con-, 000Q77c, seller 90; 200
@7sc
Shares sold. So, $50
Selling value, $40 70.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26
BANK CLEARlNGS.

New York, Oct. 25.-Bradstreet bank
clearings report for the week en1lng oct
against q es5 e5S IN last week and $321s,-
$1,000 in the Corresponding week last
year.
Canadian clearings for the week total
and se5 57i 0l1 ia the same week last year
The folio wing Is a list of the cities:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26
OOiNGS OF UNLISTED
STOCKS ON EXCHANGE

There quite a little trading in Ohio
Copper yesterday, the first sale being
made at 81. and the rest at 81 30 Ma
son Valley again sold at 81 and New
house. which has been ranging around
the $3.50 mark for several days, found a
buyer at 81.
Nineteen cents was bid for Golden
Chain and CSC for Ely Witch, while Ce-
dar was offered at Zoe, Silver King Coal
ition at $3.50 and Uintah Treasure Hill
at 15c.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26
Mine Owners Understand.

Mine owners and mine managers all
understand the situation thoroughly, and
all. so far as it is possible to learn, are
inclined to be reasonable and exercise
business sense. A man who is largely in
terested in some of the biggest PROPOSE
tons in Utah, and in Nevada. as WELL
stated during the day that one of his Ne
vada companies had been sending great
deal of that ore to other points, as the
company here was simply unable to take
care of it. This producer was not In
clined to pursue dog in the manager pol
icy and insist on the fulfillment of his
contract to the letter to the possible in
convenience or loss to some one else. so
he promptly met the request of the com
pany with which he was doing business to
send his ore temporarily somewhere else.
For similar reasons. 1t is understood, the
Silver King company has temporarily sus-
pended the shipment of certain classes of
its ore; the Daly-Judge company and a
dozen other companies operating in Utah
and other camps have done likewise; and
it is all right. But the reports that any
of the smelling companies are refusing to
pay cash for ores purchased is altogether
untrue
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26

Boston, Oct 25.-After 2 o'clock it was
seen there was to be no squeeze in money
and confidence grew rapidly. We are not
out of the woods yet, but the close was
stronger, active. and this will do much
to restore the spirits of investors and de-
postors. Gold imports seem likely and
the treasury will furnish additional funds
if necessary. The local coppers had a
good jump at the close and are very hard
to buy, as offerings around these prices
are scarce. We advise against putting in
market orders and advise purchases only
on weak spots,
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26
Forenoon Sales.

ly-Judge-900G$4. 90.
Lower Mammoth-100699c; 200Gs1. 90; 600
6s1 .O21k; 2O0ds1 %.
May Day-1O0dSSc: 6O06S9c.
Uncle Sam Con.--1 O0Od6Sc; S0Od70c; $500
arc; 1,600d73c; 1.500G74c.
Beck Tunnel-100d75c; 200676c; 2O0d77c.
Colorado - 300qs3 10; 100ds3 .05; 2O09
s.. O71a.
Crown Point-1 500d30c; 3COG29c
Iron Blossom-2O0440c; 6o0G39c; 700GSS1Sc;
l, 1O0d3sc.
Mt. Lake-400d44c; 1,O0OG43c
South Columbus Con.-1 100dS0c; 1O0a
Sac; 1O0dS5c; 1OOdS3c; 600d79c; 1,2OOd7sc;
1000d75c.
Sioux-5o0G34c; 5Ood341kc: 5O0dS4c; 5Ood
35c. buyer 80; 500d3ic. seller 30 600d34c.
Seven Troughs-50G621c.
Vfctor-1 OAlN7ILe
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26
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 been added recently by
James A Pollock e. 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, 1907-10-26
Ore and Bullion,

Ore and bullion settlements in this city
yesterday. as reported by Mccormick <
Co, amounted to $1,000 as follows: Sill
yer, lead, gold and copper ores, s37, 600;
base bullion, $4,000.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26
Metal Market.

Silver Gle per ounce.
Copper (casting). 127sc per pound
Copper (cathodes). 125sc per pound.
Lead, s4.75 per 100 pounds.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26
WEEKS ORE SHIPMENTS
FROM TIMTIC MINES
,oo;oT 70 Tho Herald

Eureka Oct 25.-During the week end
ing last night eighteen properties In the
Tintic district forwarded to the smelters
in Salt Lake valley and elsewhere lao car
loads of ore as follows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26
Open Board.

Black Jack-500d30c.
Crown Point-10Od31c.
May Day-1OOG41c. seller 60: ,sOo042c
50OG4Sc buyer 80; 5o0d43c, seller 80; 5000
44c, buyer 30
Uncle SAM, 600G75c; 1,500G76c.
Seven Troughs-90oG22c.
Victor-4.5c0GoA
Shares sold, $4,000
Selling value, S24821. %.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26
New York Curb Close.

Stocks in San Francisco.
The closing quotations on Nevada
stocks in San Francisco yesterday, as re-
ported over the private wires OF James A
Pollock & Co, were follows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26
Good Printing.

Tribune-Reporter Pig. Co.. ss w. ID Sc
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-26

Nebeker & Currie, Stock Brokers,
22f D. F. Walker Bldg. Phone 1904.
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1907-02-23
Telephone Main 400

Baroness Burdett. Coutts. who died
In London recently at the age of ~
years, was one of the most remarkable
women OF the last century. Her grand.
father, Thomas COutts. founded
noted London banking-housc. ana his
granddaughter Inherited large part
of his fortune. She was the daughter
of Sir Francis Burdctt. hut added the
name of her maternal grandfather to
her own in 1897. She used her vast
wealth In building schools. churches
ana model tcncments. in endowing blsh-
oprics in Cape Town. Adelaide and
British Columbia. IN restoring waning
industries and In assisting deserving
immigrants, Ii is estimated that dur
Ing her life size gave away fully live
million dollars, In ISL. when she was
~ years old, she married Mr.. William
Lehman AshmeId,Rartlett, born an
American. but n0turIlilci as an En-.
glishman, who had assisted her in re-
lievlng the sufferings of the Bulgari.
ans ana Turks after the war of 1877.
Mr.. Ashmead- Bartlett assumed the
name of his wife. She was already
a baroness, to which rank Queen Vie.
toria elevated her In 1871 in recOgni-
tion of her great phllanthropies King
Edward Is reported as having charac-
terized her ms the most remarkable
woman of her time, after Victoria, to
whom he assigned first place.
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1907-02-23
Judiciary of Cook County.
APPELLATE COURT JUDGES

FRANCIS ADAMS, Presiding Justice.
WARD O. BROWN, JESSE HOLDOM.
Chicago eagle. [volume] (Chicago, Ill.) 1889-19??, 1907-02-23

The proposition of President McCreu
To Increase the age at which men may
enter the employment of the Pennsylya-
mia railroad to l5 years Is recognized as
the result of the scarcity of labor IL
would be correct to recognize that the
scarcity is in its ratio to the demand.
There are more laborers, skilled and
unskilled, In the country than ever be-
fore, but the demand for their services
has increased in greater proportion
than the supply. We need not claim
that there is not much improvement yet
to be sought. But 1t Is certainly the
historical fact that the competitive era
has, as one of its chief results, wrought
an immense Improvement In the COM
pensatiOn of labor and Its Industrial.
liberty.
The mirror. (Stillwater, Minn.) 1894-1925, 1907-03-28
Kind Words.

AS the breath of the dew on the tender
plant, they gently fall upon the droop,
ing heart, refreshing its withered ten
drills and soothing its burning woes.
Bright oases they are in life's great
desert. Who can estimate the pangs
they have alleviated or the good works
they have accomplished? Long after
they are uttered do they reverberate in
the soul's inner chambers and send low,
sweet, liquid strains that quell all the
raging storms that may have before ex-
listed. And, oh, when the heart is sad
and, like broken harp, the sweetest
chords of pleasure ceases to vibrate.
who can tell the power of one kind
word? One little word of tenderness
gushing in upon the soul will sweep
the long neglected chords and awaken
the most pleasant strains. Kind words
are like jewels in the heart, never to be
forgotten, but perhaps to cheer up their
memory a long, sad life, while words
of cruelty are like darts in the bosom,
wounding and leaving scars that will
be borne to the grave by their victims.
Saturday Evening Post.
The mirror. (Stillwater, Minn.) 1894-1925, 1907-03-28

over the swiftly receding Landscape, our
thoughts, perhaps, uEconsciously, turn
to the almost supernaturally weird
scene and, from the swiftness of our
speed, the magnitude of the outlying
world-so silent and hushed-and the
vast space to be covered ere we shall
have reached our terminus, may well
cause us to ponder on the tiniteness of
man. Of a sudden we remember our
fellow passengers and wonder how they
can lie in undisturbed slumber, when
broken tie, misplaced switch, the
neglect of an operator or a confusion
in, or misunderstanding of orders,
would in all reasonable probability
jeopardize their limbs or life. Then we
reach this conclusion: no matter how
much we appear to rely on our own re-
sources, no matter how boldly we de-
clare our belief in fatalism and how
painstaking we are to shield our inmost
self from worldly gaze, we instlnctively
turn to, and place greater trust in
One, whom, if we do not actually deny
we do not always openly confess.
PAUL,
The mirror. (Stillwater, Minn.) 1894-1925, 1907-03-28

til thousands were fitted out with
homes, and then I, with my fortune,
turned my attention to building up and
booming cities. Eastern capitalists,
who had. heard of my self-sacrifice in
assisting persons to get homes, wrote
me, or sent agents. for the purpose of
assisting them to increase their wealth
1 was foolish enough to oblige them,
and after had invested my last dollar,
together with few of theirs, to build
street car line-when it was aoso-
lutely necessary to invest more money,
then those New York capitalists re-
fused to advance another dollar. We'll,
let them take the street car rails and
ties, and came here to form part
nership with Mr.. Arm. should have
stuck to real estate, Mr.. Fay. There is
big money in it, and if you are ready
to provide the capital we will furnish
the brains. All you need to do is re-
main at your hotel; we will launch the
"boom," do the work, and share the
prOcccuS Will you
"Well, he said great deal more, and
1 finally decided to invest my money i'll
the enterprise. | felt eIated at my
good fortune in securing the services
of two men so pre-eminently Qualified
to conduct the business. Of course, l
realized that it would be game of
high finance, that many might be
feeced, and that such practices were
opposite to the dictates of justice, con-
trary to the prevailing opinions of
right, and Incompatible with the doc
trine of brotherly love-in fact, l knew
it was a case of silk-gloved robbery,
but reasoned that all's fair in the game
of life.. Therefore, scraped together
every dollar could and turned it over
to the gentlemen, who, in the mean
time had prepared a legal looking doc
ument, purporting to be partnership
contract.
81 was at the depot when Mr.. Strong
and Mr.. Arm left for Wichita to launch
the boom. Our parting was affec.
tionate, at least, on their part. l
watched the train fade into the dis.
tance, then returned 70 my hotel to
: plan for the future, when should gel
my share of the proceeds of this boom.
Several days later telegram reached
me; it read: Dear Mr.. Fay: A sucker
is born every dayp
81 concluded that, talk is cheap, ant
that had been talked out of my mon
ey. But l learned lesson and that is
: aside from the truth of the quotation
in the message. that when one tries t.
] get something for nothing there Is gen
t orally nothing but he gets it,
q ERID.