davidaulloa/AmericanStories huggingface dataset:
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-10-24

NEW YORK. Oct as.--With the fact
| in evidence that for some time to come
the railroads must pay for extensions
and additions out Of savings rather than
BY new capital, the question Of permit.
ting traffic agreements between carriers
comes up again This means simply /:
Shall the railroads, under proper re.
strictions, be allowed to get together
and plan the most economical way to
handle and distribute tratfics
Everybody wants more railroads. bet.
ter service, and II possible, lower rates.
Anything that will make possible econo-
mics in operation out of which all these
things would come, would be desirable.
The laws ban ON such agreements was
framed to maintain competition,
but its principal effect has been to
force the carriers to conduct their bust
ness on the most expensive lines al
though the public's main interest Hes in
getting the most efficient and the cheap
est transportation.
Under law that would permit agree.
ments between railroads without sur
rendering the governments right to
prohibit combinations in restraint of
trade traffic could be 80 handled shat
the road with low grade would re-
lieve the high grade winding road Of
the sort Of transportation that 1t could
not carry properly. Economical distri-
button of class freight, now prohibited
By law, would also be possible, and the
resulting economies, railroad men say,
would mean an immense saving IN dol
lars and an even greater improvement
in service.
MIR. Hartman in his testimony before
the Interstate Commerce Commission
last February, cited the purchase Of the
dominating influence in the Burlington
BY the Great Northern ami Northern
Pacific as an argument for allowing
traffic agreements '1f,' he said. Eve
had some legal method whereby the
Burlington and Northern Pacific and
Great Northern, under some legal re-
striction, had been permitted TO make
contracts by which they could approx
mately have accomplished the same
thing, It would not have been necessary
to issue the s20oOOO,00O Of bonds to
acquire the Burlington stock, And the
ownership of these securities would
have been in the hands Of the people,
where ! believe it is better it should be-
This matter Of traffic agreements
seems to be one that affords good op.
portnnity for the sort. Of cooperation
between the government and the rail-
roads that, nearly everybody agres,
must be undertaken ii the carriers are
to live up to the increasing demand up
on them.
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-10-24

were quickly put at work digging out
The injured
While working in the debris George
Brfscoyich came upon the dead body or
his brother John. Many Of the wives
and sweethearts Of the workmen we're
quickly at the scene and helped in the
rescue work. Mary CAIRNS who II to
marry Joseph Karis on Sunday, found
her sweetheart under car and rescued
bin. Physicians and ambulances went
70 the scene Of the accident from this
city and the injured were brought to
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-10-24
PITTSBURG BANKS RECEIVE AID.

NEW YORK, Oct. %. Secretary Cor
telyou gave substantial aid to the
Pittsburg banks today. The amount Of
the deposits authorized in that city is
not made public but it is announced that
he is prepared to give them further aid
If necessary.
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-10-24
MAKES APPOINTMENT.

ALBANY, .N. Yy Oct. 23.Governo,
Hughes tonight appointed Clark viii
liams, heretofore vice president Of th,
Columbia Trust Company, of New York
as superintendent OF banks. Williams
will take office tomorrow.
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-10-24
IRESTLE COLLAPSED
One Man Killed and Six Fatally
Injured.
HIGHEST BRIDGE 0NTHE ROAD

Work Train on the Erie Il Jersey Rail
road at Stonyford Falls to Rocks Be-
low When New Trestle Collapses--
Loss to Railroad About $4,000.
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-10-24

NEW YORK, Oct. 23.--It has been
known for some time that The Goulds
are anxious to get the Western Pacific
IA operation in order to control as much
N the transcontinental business as pos
sibIe next spring. AT present there Is
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-10-24
PRESIDENT RETURNS 70 CAPITAL

WASHINGTON. Oct. %. - President
Roosevelt returned to Washington this
Afternoon at 4 o'clock.
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-10-24
'TRAFF|CAGREEMENT.
| Question Of Permitting Them
Comes Before Public.
RAILROADS SEEK FOR RELIEF

Common Carriers Will Endeavor to In
fluence Legislation to Permit the Max
ing Of Agreements Between Roads
Economical Distribution is Desired.
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-10-24

Thrall hospital.
Officials in charge Of the work state
that the loss Of the road Il about s2O..
900.
The morning Astorian. [volume] (Astoria, Oregon) 1899-1930, 1907-10-24
ANXIOUS COOPERATE
Western Pacific Construction 70
be Rushed.
CONTROL BULK OF BUSINESS

eouds Assert That with Completion Of
Western Road They VIII Have Con-
nections Which Will Handle Most Of
Passenger Business Between Coasts.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-06-08
JESSE KNIGHT HAS NOW
LANDED AT BINGHAM

Provo, June 7.-Articles of incorporation
of the North Bingham Consolidated Min
ing company have been filed with the
county clerk. Provo is the place of the
general financial and commercial offices
of the corporation, the capital stock is
100000 in shares of par value of 10 cents
each, 100000 of which is set apart as
treasury stock
The directors and officers are: Jesse
Knight. president; William w. Mathews,
vice president; w Lester Mangum, secre-
tary and treasurer; William Christopher
son and ]. William knight. The COM
pany owns the North Bingham Nos l. 9
8. 4. , and mining claims in Bingham
mining district.
At a recent meeting Of the Lily Mining
company directors held in this city. A. T..
Booth and MILFORD f. Giles made a pro-
pOsal to the board for the privilege of ex-
tracing the ore from the Ralph mine,
owned by the East Tintic development
company, through the Lily workings. The
matter was taken under Amusement If
the arrangement is made Messrs Booth
and Giles will get a lease on the Ralph
and begin operations. The ore enters the
Ralph from the Lily and can easily be
extracted in the manner proposed.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-06-08
BLACK ROCK SHAFT
TO BE SUNK DEEPER

Manager Walter James and other Off
Gals of the Black Rock company were in
consultation yesterday over plans for the
future. The Black Rock mine is located
in Beaver county, about four miles from
Black Rock station, on the San Pedro
road, and its development to date has
been of such a favorable character that
the management is now preparing to get
down to regulation mining
A boarding and lodging house for the
men is to be erected at once and other
surface improvements made. AT the
same time it is proposed to arrange for
the sinking of the shaft another 100 feet
or more to the 3OO-foOt level The shaft
is now down a little over 100 feet and
copper sulphides have been encountered.
BY the time the 800 level is reached it is
expected that the ore will make in solid
masses of high-grade sulphides and that
the proposition can be placed on a paying
basis. The proposition is controlled and
practically owned by Walter James of
Black Rock and a few of his immediate
and intimate business associates who
have done all the development so far
and who propose to put in the necessary
money to make a winner of the mine.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-06-08
WHITE ALPS MANAGEMENT
ELATED OVER SHOWING

A p. Mayberry, C. @. and w. II, Goss,
of the White Alps company, will leave
for Rosebud tomorrow. Mr.. Mayberry has
been commissioned by the management
TO make an inspection of the property and
determine whether permanent operating
SHAFT shall be sunk or whether the ledge
shall be opened through tunnel driven
tor the purpose of obtaining depth on the
ledge which has responded so well to de-
Neiopmezlt in the prospecting shaft dur
ing the past few weeks.
A crosscut from the bottom of the fifty
foot shaft has opened up four feet that
samples, just as il comes, 81 ounces sill
YER and g. 50 in gold per ton. while every
thing about the strike is pFemonitory of a
permanent ore body and much greater
values as depth is attained ON the vein.
At the eompany's offices here samples
of the White Alps ore and a number of
samples from the bigger mines of Tono-
that the character of the ores are identi-
cal and the management of the White
Alps is thus convinced that rothing re-
mains to make a bonanza mine, the equal
of the great producers of the Tonopah
camp, but systematic development. Be
cause the average of the four feet of
ore is no greater than stated it must not
be inferred that there is no high grade
in the ledge. Assays running up to sen
Sauonal heights can be obtained from Sc
lected samples, but il is not specimens
that the company is depending upon to
make a showing. Tonnage and general
values is what counts in a mine, and as
the formation, ledge structure and every
other feature of the proposition is what
miner would seek to insure himself that
mine existed in the ground, has been
found in the White Alps there is all
Kinds OF good feeling fitting around COM
pany headquarters.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-06-08
STARTING BOOM
FOR new CAMP
Provo Man to Wake Up the Ma
tiveS on the Merits of
Camp Lynn.

w. z. Barney of Provo, who has been
making a roundup OF Nevada camps fer
long time past, and who has become one
brunsh state on matters relating to the
gold camps, is in the city for a few days
He is loaded down with samples of gold
ore from the new district, christened
Camp Lynn, twenty-five miles northwest
of Carlin in Eureka county
During my stay in this city" said
interest Salt Lakers in this new district.
If mining men here are susceptible of be-
coming enthused over anything | am 60
ing to start the blood running through
their veins faster than they have felt 1t
run for long tfme-that is. if | can per-
suade them to look at ore that comes
from claims which have been named thv
Gold IS by my self and associates and
which have not been misnamed, either.
THE camp is new one. 1t was known
to only a few of us two weeks ago, but
since then it has been heralded across the
state and before the present month Is
over we expect boom there. Ole Ell
lott and Tex Richard have been in and
taken over fifteen claims from seventy
claims that have been located by me and
my associates. They knew what they
were getting, and there is a chance for
men here to get in while the camp is
young and make all kinds of money. /
want to see them go from here and !
don't want them to wait; they will lose
out If they do. | shall have some OF
my samples and paintings on exhibition
here in a day or two and then | expect to
wake 'em up"
Mr. Barney says he will be going back
to camp in about a week.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-06-08
OF UTAH
BRINGS GOOD REPORT

Supt. +. S. Sutton of the Utah Mine
company's Deep Creek bonanza. came in
from camp yesterday to look after bust
ness on this end OF the line and visit at
home for day or two. He reports that
another carload of high-grade ore is be-
ing delivered at the loading station at
Oasis and that it will reach here during
the next few days. The burned shaft has
now been cleared of ashes and debris
down to a point seventy-five feet from the
bottom or 800 level and the work of re-
timbering is progressing as rapidly as the
arrival of timbers and the number of men
employed on the job will permit.
Superintendent Sutton has been sam
ping practically all of the ore shoots in
the mine, together with those exposed in
the Galena and Fish Springs properties.
adjoining. which are being operated under
lease and bond by the Utah company.
From a vein in the Galena workings a
foot thick the assays show $50 per cent
lead and 1854 ounces silver. From three
or four places in the Fish Springs ground.
where there is from one to over two feet
of ore exposed. he gets from 1874 to 54.S per
cent lead and from 1875 to 90 ounces silver
per ton. From numerous places in the
Utah workings the samples show all the
way from sol to 64.2 per cent lead and
from 1858 to 1.1614 ounces silver per ton.
The places from which these samples are
taken number a dozen or more and the
thickness of the shoots varies from one
to over three feet.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-06-08
SILVER KING
HAS BIG DEAL ON
Control of Stock Being Round
ed Up for Eastern
Talent.

If there has been any doubt that the
control Of tho Silver King Coalition
Mines company was to pass into other
hands than those controlling the old Sill
yer King company it may be cast aside.
The heavy interests in the company have
already agreed to part with 80 per cent
Of their holdings and an offer has been
made to minority shareholders TO get in
and ride the same chariot. The nature
Of the deal II not being paraded at all,
and details are not even vOuchSafed In
the circular letter and blank option agree
ment that has been mailed to stockhpld-
ers by the secretary of the company
The letter states that the heavy hold
ers have seen fit and consider 1t wise TO
execute an option in favor of Thomas
kearns, the general manager of the COM
pany for 80 per cent of their stock, and
the hope IS expressed that the minority
stockholders will take advantage of the
opportunity to do likewise with half of
their stock at the stated price of s. a
share. or par. The option is to run until
August 10, by which time the money Will
either be paid or the stock released.
II is stated that the stock is being gath
cred up Tor some eastern capitalist,
whose identity is not disclosed or even
limited at, though il is made to appear
that the action is being taken so as 10
provide an eastern and European market
for Silver King Coalition stock.
1t is long time since a stock deal of
the magnitude of this one was pulled off
IN the state of Utah, and there is 40
doubt but what there is more behind the
transaction than appears on the surface.
Its contamination can hardly fail to ben
eft the present shareholders of the COM
pany, as the prospects appear to be all in
favor of the stock going up when the
right time comes. BY the sale of a half
interest at par the remaining stock in the
company may be safely counted upon to
advance to a much higher point after the
new crowd gets ready to disclose its
plans
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-06-08
PARROT MINE SUIT
NOT SETTLED, AS REPORT

That the withdrawal from the superior
court docket of the famous two years
old 100000 PARROT mine suit of Franklin
Farrell and family against Robert D.
Grant of Los Angeles. Cal. and Thomas
Wallace, jr.. of this city. means a settle
ment has been effected between the par
ties. is Indignantly denied by the defend
ants. When interviewed upon the matter
by the New Haven Register, Mr.. Grant
said:
The reports of any settlement having
been made with the Farreis is absolutely
false. Not one dollar has been paid nor
would have been. for the reason that the
sale was consummated strictly according
to the terms of the contract.
THE withdrawal of this suit was en-
tirely voluntary on the part of the Far
rels. / have never seen nor talked with
any of the Farrels since the litigation was
started and neither Mr.. Wallace nor my
self knew of their intention to withdraw
this suit until 1t had been DONE
Mr.. Grant was for years the general
manager of the PARROT company at Butte,
Mont. and Is now operating large copper
mines in Arizona.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-06-08
SAWTO0TH CAMP is
COMING OUT RAPIDLY

Rosebud. New. June THE Galena
King mine at Sawto9th, eight miles from
Rosebud. is Sacking ore and expects to
make the initial shipment from that camp.
The ore runs from $50 to Sl20. the values
being gold. silver and lead. The ledge is
large. well defined and easy to work
The owners. Ludwick and Hillman. are
pushing work on shaft and tunnel.
Last week a deal was consummated by
which the WarneTStewart syndicate of
Chicago took over the Sunrise group. Mr.
Stewart is on the ground directing opera
tons. A 100-foot shaft has been started.
That Mr.. Stewart viii push development
on this property is evidenced by the fact
that he has put sixteen men at work has
lumber on the ground for a clubhouse
shsfthouse and blacksmith shop and has
OF supplies.
Grading has been completed on the new
wagon road and Sawtooth is now on the
Rosebud Winnemucca stage line.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-06-08
Mines and Mining Stocks
MINING STOCK EXCHANGE.
Nothing to Indicate Improved Condi-
tions in the Market Soon.

As the days pass. II becomes more and
more evident that the dull period in To-
cal stocks will continue throughout the
summer. Barring the little activity that
has been prevalent in the Jesse Knight is
sues, Alta stocks and one or two Nevada
representatives, the market has been dull
and draggy for week past. The COM
bination of the May Day and a portion
of the Uncle Sam Consolidated has had
little effect on either stock, and the buy
ing capacity of the market is so limited
that higher prices can not be expected
no matter what mine conditions may be-
During the two regular and open board
calls yesterday total of 1884 shares of
stock, with a selling value of 81, 233. %
changed hands. The list of final quota
tons and record of sales made were as
follows;
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-06-08

came up with Manager Harris YESTERDAY
morning. states shat it will De only 4
short time till sinking can be commenced;
In fact, he expects to be breaking ground
in the bottom by the 10Th
Another boiler is to be added TO the
steam-making equipment at the property
at once, not that any particular difficulty
but because il is deemed prudent to be
on the safe side all the time. The COM
pany's property includes the old Carbon
ate and Rather mines, and when the
lodges have been opened In the present
shaft there is going to be something doing
down that way, and it will not be a
great while. either.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-06-08
D0INGS OF UNLISTED
STOCKS ON EXCHANGE

There was some activity in Bingham
Standard yesterday and the stock was
taken at o0c to 4Sc. Crown Point sold
first at Gle, then zoe and later at sc
There was a laundry odor about the
transaction. Copper Glance went at 1411c
Emma Copper al &c, Thompson at 20. and
NewhOuse at S1525.
Biscuit was an offering at 35e Melon
ald-Ely at 75c. Naildriver at 42c, East
Swansea Extension at Ice and Ohio-Ken-
lucky at $3.50. East Tintic was at 1Oe
bid. while Mason Valley was quoted al
s1-50d1.60 and Yerington Copper at 20a
s0P
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-06-08
COPPER STOCKS IN
BOSTON AND NEW YORK

Following is the daily market comment
of Paine, Webber & Co., Boston. together
with the range of prices of copper stocks
and other Boston listings in which the
west is interested, as well as similar
report on New York curb transactions, a
feature that has just been added by
James A. Pollock & Co. to its private
wire service, and from which it is secured
for use in this department of The Herald.
Boston, June IA better feeling still
prevails and stocks were strong all day.
There was considerable liquidation by the
traders on the advance, but it was vel
taken. Greene-Cananea seems to be en-
the upturn, and ought to get back around
20. We do not expect a bull market, hut
believe that prices will work a few points
higher The money situation is worse
and there seems to be no hope for easy
money for a long time to come.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-06-08
Ore and Bullion.

Ore and bullion settlements in this city
yesterday, as reported by Mccormick &
Co, amounted to $l21.GOO. as follows: Sill
yer. lead, gold and copper ores. $1,000
base bullion, so. 600: gold bars 10000.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-06-08
Other Districts.
BEAVER CARBONATE
DOWN TO BUSINESS

At the properties Of the Beaver Carbon
ate Mining company the task of unwater-
ing the shaft is going rapidly forward
and Superintendent James Dugan, who
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-06-08
Open Board.

Butler Liberal, 300 at Ice
Beck Tunnel, 100 at $3.50.
Columbus Consolidated 400 at A97l5
Lower Mammoth, 800 at g. 32Jb
May Day, 1000 at ale; 800 at Bic, buyer
80: $500 at 30I2c
Seven Troughs, 500 at Sc
South Columbus. 100 at S195
Uncle Sam, 1000 at lie
Shares sold. q. 62g
Selling value, S14S47
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-06-08
Clocks 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 as follows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-06-08
Open Board.
Afternoon Sales.

Swansea, 800 at 35c.
South Swansea, 500 at 101zc
Little Chief, 1000 at 151zc
Mountain Lake, 700 at SIC
Scottish Chief, 800 at Sic
Seven Troughs. 200 at SIC; 400 at Sc; 300
at SEC.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-06-08
Forenoon Sales.

Ingot, 120 at SC.
Carisa, 400 at 4Sc.
Grand Central. 800 at $3.50
May Day, Loco at pc, seller 90; LOCO al
2912c; $500 at 30e.
Uncle Sam. 200 at 69c
Iron Blossom 100 at SEC
Mountain Lake. 100 at Csc
Seven TrOughs, 400 at SIC
Open Board.
Beck Tunnel, 100 at 81. ia, seller 80; 800
at S1.7715.
Little Chief, 1900 at 15c
May Day, 800 at Sole
Seven TrOughs, 200 at 52c; 800 at 53c; 500
at soc.
Uncle Sam Consolidated. 200 at zoe.
Yankee Consolidated, 200 at 49c
Shares sold. l4195
Selling value S3S625
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-06-08
Metal Markets.

Silver. $3.50 per ounce.
Copper (casting). 227sc per pound.
Copper (cathodes), 2Sisc per pound
Lead, IS per 100 pounds.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-06-08
Mining Notes.

The ore from the Ely Consolidated COM
pany's mines Melted sS1s9 per ton.
Ten cars of ore from Utah and two
from Nevada mines were released from
the Pioneer sampler yesterday.
Greeley and Bismarck Snyder went to
Elv last night to inspect mining prop
critics with Yhic hthey are identified.
Eleven cars of ore from Utah, two from
Colorado and two from Nevada were re-
leased from the Taylor & Brunton sam
pier yesterday morning.
George E. Gum pulled out for trip
to Mexico last night. He has gone to
make an examination of mining proper
ties, but was not disposed to enter into
details.
The May Day Mining & Milling COM
pany filed an amendment to its articles
of incorporation with the secretary of
state yesterday increasing its capital stock
from sl00,0O0 to 100000 with shares at d
par value of p cents each.
CLAUS Jeldness. until recently manager
of the Ely Consolidated company's prop
terday morning and left for Ely last
night. After looking after his interests
there he will go east for several weeks.
David Fisher was down from Park
City yesterday comforting with the Of
ficials of the Columbus company with ref
erence to the resumption of work at
the property. He says the seasons cam
paign of development will be opened n
few days
II. H. Green. secretary of the Western
Utah Copper company, and prominently
identified with other Utah and Nevada
mining enterprises, will leave for the
east, accompanied by Mrs. Green and the
children, on Tuesday. A month will be
spent in sightseeing and visiting with
relatives and friends.
The North Bingham Consolidated Min
ing company filed articles of incorporation
with the secretary. The company owns a
number of claims near Bingham. The
capital stock is 100000 with shares at a
par value of 10 cents each. The officers
are: Jesse Knight. president; w. W.
Mathews, vice president; w. L. Mangum,
secretary and treasurer.