davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-13
SOMETHING is UP AT
WESTERN NEVADA COPPER

A message from the superintendent of
the Western Nevada Copper company S
properties at YerinSton was received by
Assistant General Manager Frank B.
Cook yesterday. 1t stated that things were
looking good in both the upper and lower
tunnel workings and in the winze that
is being sunk in ore from the uppel tun-
mel
1T is something altogether unusual for
Superintendent James Warden to report
conditions in the mine by wire" said
Mr. Cook. land l hardly know what to
make of it. 1t is not many days since 1
was there and, unless something out or
the ordinary has happened it seems to me
that the message would not have been
sent. As | stated the other day, there
is quite change in the formation through
which the lower tunnel is now being
pushed and it may be that ore has been
encountered. though it was not expected
that the second vein would be cut right
away when left the mine. We are drift
ing in the fissure on the lower tunnel level
to tap the big ore body that has been
opened in the upper tunnel workings, and
to get under the winze that is going down
in ore from above, so that raising and
sinking may be carried on at the same
time. Something must have happened
that the dispatch does not explain and
when / return from Beaver county 1 ex-
pect letter that will explain matters.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-13
MINING STOCK EXCHANGE.
Looks Like the Worst Had Hap
pened to the Local Market.

There was a better tone to the market
Yesterday and it looks as though the
worst had happened. Stocks braced up
and there was considerable genuine buy
ing. Stocks were still plentiful, but tnere
was not the same scramble to sell that
has characterized the trading of every
day of the week up to Friday afternoon.
The opinion was general yesterday that
buying on every drop from present prices
could be safely done; that while the re-
cOVery would not be as rapid as the de-
cline has been, it would be sure to come
Business was exceedingly heavy during
the week a total of gu, 995 shares of stock
with a selling value of $685.. 5000, changing
hands. Yesterdays proportion of the to-
tai was SC. 800 shares. and So. $3.50. Fol-
lowing is the list of final quotations and
record of sales made during the single
regular and open board calls:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-13
Smelling Company's Position.
Garfield Plants Enlargement.

Concerning the Garfield copper smelling
works MIR. Guggenheim said that the
plant was running at its capacity of
$500 to 5000 tons per day, according to
the character of the ore treated, and it
would continue to do so. The plant is
gradually being enlarged. and this will
continue until its originally calculated ca
pacity of between 5000 and 5000 tons per
day has been reached. On the subject of
reported metallurgical difficulties in con-
struction, Mr.. Guggenheim stated that no
plant had ever been started off and found
to be perfect; that no smelling concern
in the world had ever constructed a plant
that proved absolutely perfect at the
start, and that the Garfield plant was
no exception. But he truthfully. added
that the works had been built by the
best expert talent in the world, and he
knew that when they did anything it
was as near right as the imperfect
science of smelling would permit. If it
was found that something needed cor
rection, that correction would be made,
rather than continue without making it.
The great plant. he said. was now doing
splendid work and he knew that it would
compare favorably with any other smelt-
ing works in the world.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-13
COAL PROMISED FROM
NEW WYOMING MINES

Hon. A. P. Bugas, state senator from
Sweetwater county, paid Saratoga a visit
the past week, says the Saratoga Sun.
Mr. Bugas is engaged at present in de-
veloping valuable coal mines near Point
of Rocks. The construction by the Union
Pacific of a mile and a half track Will be
necessary and when this is accomplished
and the mine equipped with cars and
miners, Mr.. Bugas thinks his company
will be able to ship from thirty-five to
forty cars Of coal to the Salt Lake mar
ket every day. Mr.. Bugas, who is one of
the most conscientious members of the
state senate, returned home Saturday.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-13

Stull timbers. mine props and mine
ties. Chalk Creek Timber Co.. Coal
vile. Utah.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-13
TWO NEW COMPANIES.
One to Mine for Oil and the Other
for Metals.

The Garfield Oil company filed articles
or incorporation with the secretary of
state yesterday. The headquarters of the
concern are at Panguitch and claims are
owned in Washington county. The Off
GERS are: John L. Sevy, president; ]. c.
Spencer, vice president; Clement Tibbs.
secretary and treasurer. The capital stock
IS 100000 with shares at d par value of
81 each.
The Mayfiower Consolidated Mining
company of Salt Lake filed articles of in
corporation yesterday with the secretary
of state. The company owns property
in Tooele county and has capital stock
of $4,000 with shares at 10 cents each.
The officers are: Thomas W. Bell, pres
ident; William PeregO vice president:
Charles I. Anderson, secretary; John T.
Flinders, treasurer
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-13
DOINGS OF UNLISTED
STOCKS ON EXCHANGE

Copper Glance sold at Ice. Old American
at loo and Newhouse at s6.2o yesterday.
The closing quotation on the latter stock
was s5.S71z bid, s6.121a asked.
Bingham Standard was quoted at 23G25c
and Mason Valley at s1.10di.50. City Rocks
was offered at $1.50, Alta-Hecla at 15c
and Ohio Kentucky at g.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-13

Union Assay Office.
Il s. Eanauer. J. v. sadler
I5e So. West Temple. p. o. Box 144a
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-13
Not interfering With Utah Copper.

He would not discuss the affairs of the
Utah Copper company and would not
per would necessitate an easing down in
the amount of copper IT would produce
during the next few months. The Gar
field smelter. he said, was under contract
TO take its product under specified terms.
but whether the company would continue
to operate and turn out a heavy tom
mage he said was something for the Utah
Copper company itself to determine
thing, of course. is In the constructive
period. can say that there will be no
cessation in the matter of building the
big mills and smelters at that point and
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-13

the development and equipment of the
mines will be carried along at whatever
pace Is necessary to make all ends
meet
Don't Like the Sherman Law.
Mr. Guggenheim steered clear of all
questions that cut into politics He re-
minded his inquisitor that his brother.
Simon Guggenheim, was now a United
States senator, and ne felt that it would
be in bad taste for him to make state
ments that might some times be embaras-
sing to Senator Guggenheim. He took
occasion to say, however, that the Sher-
man antitrust law ought to be repealed
and a less drastic measure framed to re-
place it, He pointed out that under it's
provisions it was impossible for business
interests to get together and do things
that would help the country
Why" said he, IF a miner in Utah
and a miner in Colorado should put their
heads together and decide to reduce the
product of their mines in order to steady
the price of lead or some other metal,
they could instantly be cited for doing
things in restraint of trade. l believe in
the proper regulation of all business, but
there are many features of the Sherman
law that are absolutely detrimental to the
best business interests of the country
and they ought to be changed"
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-13
GUGGENHE|M
IS OPTIMISTIC
Believes That Money Condi-
tionS Will Undergo Change
Before Long.
OCTOBER WORST MONTH
RUN AT CAPACITY.
OCTOBER WORST MONTH

1.-THE trouble with this country is that
it has been trying to do too much bust
ness with the amount of money it has"
said Daniel Guggenheim, the directing
head of all the Guggenheim mining and
smelling enterprises yesterday noon.
within the next sixty to ninety days,
when the money situation has cleared up,
there will be q marked change for the
better. AS far as money is concerned,
this month of October, in my judgment,
will be the worst we shall have to eX-
perience. For want of money there has
been a recession in all lines of business,
lust how much / would not undertake to
say; but II 1t has equaled 3 per cent of
the country's volume, that is sufficient to
work a tremendous change in a short
time. Continued for another thirty or
sixty days that, in itself, would give the
country all the money it needs to go
ahead again.
During the next few weeks money will
be coming from abroad in payment of the
farm products that have been sold. That
will help the situation UNNECESSARILY. 1t
will give us the money we need to re-
sumo and carry on the mighty undertake
ings that have been held back; the mar
kets for copper and for lead viii be bet
ter and trade conditions generally will be
improved
Finds the West Prosperous.
Il find that the west is very prosper
and business is generally on sound
basis. But the big undertakings do not
look to the west for money. Their re-
quirements are met by the banks of New
York, and these banks. to a greater or
less extent, depend on the great financial
institutions of the old world. The east
has not got the money that is required
and conditions all over the world, in
England, in France and in Germany, have
been so nearly like our own that they
could not furnish the relief demanded.
Matters are now in an automatic
be long till the untangling process has
been accomplished; then we shall forge
ahead again"
Mr.. Guggenheim did not go deeply into
the local situation. In reply to questions
he stated that he was simply here for
local officials of the American Smelt-
ing & Refining company, and that bust
ness necessitated his leaving for Denver,
Omaha and Chicago again last night.
Smelling Company's Position.
can Smelling & Refining company said
the visitor, ito attempt the curtailment
of either lead or copper. We shall ac-
cept all the ore we are able to treat
and we shall do all we can to sustain
the price Of the metals. 1t is natural
price of the metals the more money we
make, naturally. But. IL more copper or
more lead is produced than the markets
Will take. the price must necessarily de-
cline. The miner, the producer, has more
to say in the matter of the market price
of the metals than the smelters have If
they find that the markets will not alb
sorb their product, it is up to them to
curtail production and maintain the
price"
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-13
New York Curb Close.

Nebeker & CurrIe, Stock 5rokers,
pa D. f. Walker Bldg. Phone 2so4.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-13
Break at GoIdfieid.
Especial to Inc HeraId.O

Especial to The Herald)
Goldfield New, Oct 12-There were
heavy declines on the stock market today.
followed by a decided rally in the face of,
short selling. Florence recovered 25
points, closing at $3.50. and Consolidated
sold up from $3.50 to S5.05. 1t is the be-
lief here that the bottom has been
reached, but decided gains are not ex-
pected in the immediate future The
slump in Florence is said to be due to
liquidation in San Francisco, where 10000
shares held as collateral were thrown
on the market without warning. The price
then broke to s1.95 Shipments from the
Little Florence lease are heavy and the
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-13
Yesterdays Sales.

Ajax, 500G32c
DAILY, 2O09$1.25.
Mammoth. a0ds2.25.
May Day, 2300q6lc; 6,500G50c; 500d52c
buyer 80.
Uncle Sam Con-, 2,1OOas1. o5; 1,6Ooas1. OH !;
2,O00dS1
Beck Tunnel. 2SOO@s1 .1211k 9Ooas1121S. sell
Ter 90.
Black Jack, 1OOdS5c.
Colorado Mining. a0QS3SO: SO0dSS SPY ;
!, 1O0d$3s5.
Crown Point. 1oodS7c: 25ooassc; 1Oe6ss1bc
Iron Blossom, 1,2o0a4Sc; 50oq4S1sc; 1000
ACC
Mountain Lake, 2,OoOa4sc; 1Ood4s1kc.
South Columbus Con-, MoG$1. 20.
Sioux Con-, /. 400G34c; 1,0o0d3315c
Victor Con, 1,00o911c.
Open Board.
Ajax, 9O0032c.
Black Jack, 1,s00aS5c
Beck Tunnel. L7oOas1. 121a; SOOds1 15
buyer 60; 0o@s1 -12llk, buyer 90.
Colorado Mining, 3O19sS. STU: 2OOdS3 95
3006S3-95 seller 60: 100ds3. 1871; 1,1O0@$4
Crown Point, 10000 3Sc.
Iron Blossom, 1.700d48c.
Lower Mammoth. 1,0o0ds1.75; 10od$1 721S
May Day, 2,300d51c; S.10065Oc.
Mountain Lake, 500d47c.
Richmond e Anaconda, i00616c
Uncle Sam. 1.100ds1. 02ia; /, 0o0ds1. o5 buy
er 60; 20O0Gsi. 02ls buyer 80; 3,100as1
Yankee, 4O0652c.
Shares sold, $500.
Selling value, Sc, Cos. 80.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-13
Utah LithographIng Company,

45-47 Richards Street.
Stock Certificates, Bonds and Diplomas.
Bank Quitting and commercial sta
enery speciality.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-10-13
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,
feature that has been added recently by
James A. Pollock q 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, 1907-10-13
Boston. Oct. 12-Nothing but selliI

Boston, Oct. 12-Nothing but selling
again today. Confidence is lost and no
one wants to buy stocks. The break to-
day was too rapid and we confidently
expect a rally Monday. If they open
strong it is safe to sell them, as there is
no change in the situation. Amalgamat-
ed Copper and Steels and all industriais
will sell lower before the new year., but
don't follow the crowd when everybody
wants to sell Take on a few stocks
and let them out on the rallies made by
short covering.
The Mount Holly news. [volume] (Mount Holly, Burlington Co., N.J.) 1891-1942, 1907-03-05
DIED.

ANTRIM.-March A. near Jobstown Martha
III. Antrim, aged 70 years.
Relatives and friends are invited to attend
the funeral from the residence of her husband
Shreve Antrim, near Jobstown, Thursday
March 2, at one O'Clock, p. NJ. Interment at
Columbus
COLES.-March 3, at Mount Holly, Samuel,
son of Ann and the late Ellis b. Coles
Relatives and friends of the family are re-
spectfully invited to attend the funeral on
Wednesday afternoon, March 6, at 2 o. clock,
Charles P. Cobb, No. 16l Water street. Inter-
ment at st. Andrews burying ground.
ALExANDER.-February 25 at Burlington,
John T., son of william s. Alexander, aged
26 years.
Theodore B. Gaskill, aged n years.
GEHRING.-March 2, at Moorestown, John
G. Gehring, ST., in his 18th year.
KELvY.-February %, at Burlington, VIII
liam M. Kelvy, aged 81 years.
LAMB.-March 2, at Mount Holly, Rebeeca
M. Lamb, aged 20 years.
| RoGAN.-February %, at Burlington, Mary
M, wife of Thomas Rogan, aged 81 years.
| RossELL.-March /, at Mount Holly, Sarah
Elizabeth Rossell, daughter of Harry and
Ursula Rossell, aged years.
PorTs.-March2 2, near Three Tuns, Elizabeth
widow of Joseph Potts aged So years.
| STILTs.-March 2, at Burlington, George
stills, aged 81 years.
/ MISUNDERSTANDING rs, at Burlington
Catharine, wife of John Williams, aged 81
| years.
WADE.-March 3, at Moorestown, Phebe b
| Wade, aged SO years.
The Mount Holly news. [volume] (Mount Holly, Burlington Co., N.J.) 1891-1942, 1907-03-05
Ocean County.

Senator Shinn, of Ocean county, has
introduced bill to abolish boards of free
holders in counties of less than $4,000 in
habitants, and substitute five commission
ers.
Toms River carpenters have organized
Union No. 1922, of the United Brother
hood of Carpenters and Joiners of Amer
lea. The officers chosen are: President
8. N. Bunnell; vice president, Charles
Forcanser; financial secretary, Adolph
Anderson; treasurer, IBarzillai ]. Flyers;
conductor, Thomas Gaskill; warden,
George Gaskill; trustees. Joseph Back.
John Layton, Ed Vaughn.
John A. Shinn, of West Greek, has been
instrumental in having q bill introduced
in the Assembly to prevent the seining OF
sinners or silver fish in the spring and
summer months. Mr.. Shinn says that the
eelers catch large quantities of the
sinners to bait their eelpots, and the
supply is running short. His theory II
that the sinner is the favorite food of the
weakfsh, and If the little fellow was left
alone, the weakfsh, having plenty Of
food, would come in the bay in large
quantities again.
On Thursday afternoon an editorial ap,
peared in Toms River paper speaking o.
the school children running the streets
and demanding that truant officer b.
appointed. The demand was answered
quickly. The School Board got busy
called special meeting, and within tire,
hours editor G. Leland Haslett, who's
paper published that demand, was electet
truant officer at salary of $50 year
In the meeting of the board it was votes
to introduce the Crowell system of physi
cal and chemical laboratory In the school
putting the high school on the approves
list. They also elected Albert s. Tilton
the present principal of the school, a
supervising principal Philip 8. Bailey
principal. and Miss Grace Crook. assistan
principal.
The Mount Holly news. [volume] (Mount Holly, Burlington Co., N.J.) 1891-1942, 1907-03-05

An entertainment entitled the .'Superio,
Sex. will be given in the M. E. Church
Thursday evening, March 18th, by the
young people. Admission fifteen cents.
Proceeds for the benefit of the organ fund
Come and bring your best girl
Death has again visited our neighbor.
hood, this time taking the oldest land mark
In the community as it's victim. Mrs.
Elizabeth Potts. who has reached the
ripe old age of ninety-four years, died at
her home near here Friday. The funeral
will take place Tuesday morning. Inter-
ment at Mansfield.
The funeral of Mrs. Asa Carty took
place from the residence of her husband.
Monday morning last. The seating ca
pacitY of the house was insufficient to ac-
commodate the friends and neighbors who
desired to pay their last tribute of respect
to this grand old lady. A profusion of
floral offerings filled the house with frag-
rance and were silent tokens of the love
and esteem with which she was held. The
services were conducted by the Rev. Mr.
Moore. pastor of the Columbus Baptist
church, of which she was member The
deacons of the church were pail bearers
Interment was made in Cedar Hill GENE
terry
The Mount Holly news. [volume] (Mount Holly, Burlington Co., N.J.) 1891-1942, 1907-03-05
Medford.

Eli Wills has moved into the front Of
the Allen Lamb house.
A proposition to pave Branch and Union
streets is under consideration.
The residence of Isaac D. Smith has
been frightened by new coat Of paint.
Edmund P. Moore has had a porch
erected to his Mulberry street dwelling.
James W. Haines is suffering consider
ably from carbuncle ON the top of his
head.
Mr.. and Mrs. VIM. Lloyd, of Atlantic
City, are visiting their daughter, Mrs.
Charles E. Holmes.
E. B. Grain has rented the second floor
of the building adjoining his and placed
pool table therein.
Mr.. and Mrs. Robert Lounsberry cele-
brated the second anniversary of their
wedding on Thursday.
Seven candidates were initiated into the
mysteries of Odd Fellowship on Friday
evening, and six more are under considera-
ton. The Odd Fellows Lodge in Med
ford is experiencing boom.
Rev. F. w. Randall is delivering a
series of sermons in the Baptist church
on Sunday evenings, on 1.-THE Pathway of
Life" His subject on Sunday evening
last was "The start in life, or birth and
the law of heredity."
The Mount Holly news. [volume] (Mount Holly, Burlington Co., N.J.) 1891-1942, 1907-03-05
Moorestown.

John T. Evans has sold two lots on east
Main street, near Stanwick avenue. te
Francis Condor and T. Lee Haines.
DR.. Joseph Stokes sails from New York
to-day for a months cruise in West Indian
waters. He goes for the benefit of hi:
health.
Joseph L. Thomas. trustee, and Catha
rine H. P. Williams, haye sold farm OF
six and quarter acres. near Westfield, to
Alexander G. Wood, for So. 400.
Rev. DR.. George W. Lamb, a former
Moorestown boy, is now rector OF st.
Martins P. E. Church, Radnor, Pa,
where his rectorship is very successful.
His church has just installed new 80, 600
organ, and in May he will consecrate a
new chancel.
Michael Cassidy, respected resident,
died at his home on south Church street
very suddenly on Monday morning of last
week, from acute indigestion. Mr.. Gas.
sidy complained of suffering, and his
daughters went to his room from time to
time, after giving him the usual home
remedies, and were shocked upon their
last visit, after lapse of some ten
minutes, to find him dead. The funeral
took place on Thursday morning from the
Church of Our Lady of Good Counsel
and was largely attended. Mr.. Cassidy
had farmed in this section for years, and
was well known and liked He was In his
9th wear.
The Mount Holly news. [volume] (Mount Holly, Burlington Co., N.J.) 1891-1942, 1907-03-05

Frank Weeks, who has been visiting re.
latives here has returned to his home at
Plttsburg.
Irving Thomas is i'll at his home on
Farnsworth avenue with an attack of
acute indigestion.
The wife of James Lewis, who has been
i'll with pneumonia at her home on Walnut
street. is improving.
Mr. and Mrs. James florence have re-
turned home, after spending four months
with their daughter and son-in law. MIR.
and Mrs. William Horsful, at their home
at Baltimore.
Mrs. Anna Reeves, who has recently
returned home from trip of several
months to Panama. where she had been
visiting her daughter and son-in-law. Mr..
and Mrs. George E. Kirk, is i'll at her
home here with pleursy.
j. Holmes Longstreet, of Bordentown,
and James B. Hunt. of Trenton, who are
on a southern trip, have reached Los
Angeles, Cal. William A. Shreve and
family, who are also taking in the sights
on a southern trip, their destination being
different ports along Southern California.
have also reached Los Angeles. Manv
souvenir postal cards of different views
along the route of the various cities they
visited have been received by relatives
and friends here.