davidaulloa/AmericanStories huggingface dataset:
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-09-10

.....Sli6932 so 3ll6,3i3 600
.Sll693g.850 sll6Sl8,66O

The inventory account as given
above does not include 1880 shares
of the common stock of the American
Smelters Securities Co. par value ST.
ISL 200.
In his report 20 the stockholders Dan
lei Gugsenheim, president or the COM
pauy, says.
"The business Of the company has
made the same uniform progress dur
Ing the past year as iu the recent pre-
ceding years. as Is evidenced by the
following table Of net earnings cover
ing the past eight years:
Met earnings IN 1907, $ll,og.669. 1906,
HOI6i 1855: 1905. SSS9S.Sll: 1904 $685.
512. 1908 S7,5767s5. 1902. AS6l,6l9i 1901.
50. S2S4h; 1900, Sl.91ssoS.
''Notc-The capital stock for the years
1900 and 1901 and four months Of the
fiscal year 1902 was $65O0O.0l0; for the
balance of the fiscal year 1902 and the
succeeding years the capital stock was
800 00O COO.
NET earnings for the year under re-
view amounted 20 Sl,34S. 31 IN excess of
the earnings of the preceding year. The
evppnditurts ON account Of ordinary re-
pairs. hetterments. improvement aud
new construction have amounted 10 the
sum nf s2O3i $50. which has been enc
urcly deducted from the profits OF the
year. The valuation OF the property
of the company therefore, has re-
NAMED unchanged. and it- efficiency
and phvFicai condition remain entirely
safieiactlry." Continuing he says;
There has been added 90 The surplus
of mo company during the year s2,3l4-
1,2 Tho surplus of the company now
amounts 10 a total OF Sl3.33AoZS. Not
V-ithstandiug the fact that the metal
stocks of the company in process OF
smelling and refining were valued ~
mo beginning M the fiscal year az hs-
mos which were omiueutly conserVa-
tive. vet the directors have not deemed
h. advisable 90 increase these Valua-
lions. although high prices have pre-
vailed during the year
"No material change has been made
Am tha valuation Of the investments of
Inc company. a reduction iu the total
,,sino mas been due 10 the sale N
,ortioD ~ the stock Of the United Lead
60. owned hy this company ana re-
ferred 90 Dob the last annual report No
valuation has been placed aH Nci upon
me- common stock ~ the American
SHELTERS Securities Co. owned by lhe
company. of par value of Alr'ol.olo.
"The earning of the securities com
many f1r the fiscal year ended May I'll.
1901. left 3D. surplus after payment ot
dividends ou its preferred stock NJ
$500 $780, Tho surplus of ihe company
fo date amounts 90 &lOlt.lAA.
..Due 90 the extraordinary shortage
of clrs iu NeXlco. the company has oo-
ruuulated about as 600 tons ~ ore 20
ts mines. which it has not been ahle
to shin nor secure financial returns
thereon.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-09-10
CONSOLIDATION EFrEorED.
Treasure Im-Croolc Coalition Wound
10 To-day
IsD6clal % ~ now ,

Provo. Utah. Sept l0-rhe c0ns1liia-
zion Ol tno uinah Treasure Hul 3nG
Cre0I. mines az Park city WAS effect
ga officially 900 this city today ana now
practically every dotau has been att
tended to preparatory fo tho uNng Or
tHe articles 0i Incorporation of the
UIutah Treasure Hill Coalition Mines
company 40 the meeting of tho sew
rM interests Identified with tho mar-
rtr today the organization of thc new
company WAS perfected hy the election
ut Iesse knight as president john
bern. vice presidents ~. Lester Mau-
sum general manager who. with j.
William knight and E ~ Fischer CON
.itute the board Of directors. r.
Eugene Allen WIS chosen 0s secretary
and thD official headquarters of tho
company Will hc On Provo. Mr. pern
clmo down from Salt Lake on am early
train t1 attend tine meeting. The share
holders of the Creole Mining company
ure t0 receive 100000 shares in the con-
solidttci company A block 81 200 900
shares 0f o. r. %. Coalition a. to ho
sold Ht 90 cents share for develop
Wrul purposes.
Tha Black Jack-sflr Consolidated
merger was alHo completed toby by
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-09-10
The Colorado Company Will Re-
member Shareholders With
Usual Amount.
BECK TUNNEL DROPS OUT
Company Needs Money 10 Pay for
ImprOyements-Gra Gen.
trail In Line.

Provo, Utah. sept 10-Two divi-
bends were posted by mining companies
operating in the Tnuc mining district
today The directors OF the Colorado
company decided TO pay - cents a
share or $4,000 and those Of the Grand
Central concluded 90 disburse O. cents a
share on $l2.5CO ou the 18th inst TO an
shareholders OF record on the 18Th inst
The Colorado dividend is payable on the
25th inst and the books of the company
close ON the gothic Inst.
AS anticipated they would do. the
Beck Tunnel Consolidated directors
passed the September dividend The
company has been spending au im-
mense amount of money in making inn
provemrnt7 and owing to the depleted
condition of the treasury 70 was deemed
advisable to Dec the dividends go 10y.
The Victoria viii not return 90 the
dividend column for az least another
month.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-09-10
ANNUAL REPORT
HAS BEEN ISSUED
Local Shareholders Of American
Smelling & Refining Com
pany Receive Copies.
TWO MILLIONS IN SURPLUS.
Statement from President Guggcn-
ADMINISTRATIONS the Railroad
Car shortage.

Local shareholders are in receipt Of
the annual report Of tho American
Smelling e Refining Co., for The fiscal
year ended April 80 last and shows a
balance after preferred dividends
equal TO 1852 per cent on The common
stock The latter now pays s per cent
annually
Figures in connection with the opera
tions OF the company show that the
gross earnings during the year were I'M
creased by &l5sf173; net Sl.84s,3l2. bal
ance after preferred dividends. til}o.-
1872; previous surplus, &202f.055. total
surplus. S294254
The balance sheet Of the company
compares as follows.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-09-10
TO U. OF U. STUDENTS.

We have your Text Books. large
assortment Of Students Note and Com
position Books. Pens, Pencils, Inks
etc. at reasonable prices.
We welcome the students OF all the
City Schools and Colleges, whose re-
quirements will receive special attou-
ton.
DESERET NEWS BOOK STORE.
Leading Book Concern,
G Maln 81
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-09-10

John u Southor and wife Do j. Il.
narmer undivided one- half inter
eat in % lots in blocks D. ana
d Fairfield sob. .... ..............
NharleH , TRUMP ana wife io Trus.
tees Jordan Lodge 80. q. H. %. ".
~ ioi ~ block p Wnho0 ub.....
george a. Peterson ana wife ID
Charles Hhouu of al. nart aertlor.
ana 2. township 2 south. range
Neai b., .......................
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-09-10
GEORGE M. CANNON co.

Bonds We desire your orders for any
thing ln our line,
Rooms 5i2-5i3 Tompletou Building
Phone Ben 81.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-09-10

the transfer of 100000 shares OF stock
in the new Black Jack company to
the shareholders Of the Star Consolid-
ated.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-09-10
REAL ESTATE TRANSFERS.


Ge0rgiu ~ AIlhcn and husband 20
lorenzo Christensen lots ~ U
block q Belmont suh..... ...,......
Anna Barrett FAB ellen J.. Summer
holt qnd. : iut para m Dot e.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-09-10

T. NJ. WEST & CO. stock brokers.
%. r. Walker Blk. Both phones Of
Zee and residence
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-09-10

Does not include appropriations for
metal stock account
The general balance sheet Of the
company as Of April 30 last compares
follows
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-09-10

+. II. Snow a Co. Stock Brokers.
% Commercial Blk Both Phones 1874
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-09-10

A. s. CAMPBELL.
Stock Broker. 2i6 ID r. Walker Block
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-09-10

Ophir.' 110a115: Mexican. 56057;
Gould q Curry. 25626. Con Va. S0a
81; Savage, 91092; Hale & Norcross
I1OHl15; yellow jacket 100 bid.
Belcher. 25626 Sierra Nevada SEA
A.. Union. 40G42.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-09-10
WOOL


g. Louis. Sept lO-Wool steady
Territory ana western mediums 20m
% 'euB .oG5D6I mnp7m QUIZ .og5
% zoe.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-09-10

CANNON & CANNON, Mining Stock
Brokers' is p. s. Tenn. Both Phones.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-09-10

GEO. Q. CANNON ASSOCIATIONS.
BROKERS - II. so. Temple Both
phones $40
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-09-10

UNION ASSAY OFFICE.
NJ. s. Hanauer. ]. V. sadier.
16e So. West Temple. T. o. box 14a6.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-09-10
EXPERT KODAK FINISHING

Harry Simpler. Commercial Photcg-
rapher, 151 Main St
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-09-10

Local Rank ticnrings--rocal bank
cie1rinFa today were. t0EfgT6a0
Those FOR Che spending day LAT
year were fsG9.76G0i.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-09-10

Custom Assayers and Chemists, 100
South West Temple ST
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-09-10
COPPER CLOSE

Mass. Gas. 5IG52; Mass. Gas pfd,
S0a ia, Arcadian 4.13N5 Bingham,
1OLN11; c.. & a. 1872 asked; Centen-
NAL. 29M21; Cop. Range. sea ri;
Franklin, 9iadA; Mass. 4A % az;
Michigan. 10a W11iF; NJ. G. O.. 2 bid;
n. b.. 55456. Parrot 14A obs. Quincy,
So asked. Santa Fe. "a p; Tama-
rack, 20 asked; Utah Con, $3.50 U40i
Wolverine, l85dl3S; Boston Con, 190
u: u. $. S. com, 39N - u. S. $. pfd..
1910. Auouoz52 035; Adventurc244 p;
Atlantic HOP; b. Coal'n, lis1ls;
G. e. H.. 6.99 asked, Con. Mercur 3iH
80: DAILY West 13&mlA4, eX-diy.i
Cranky. 910t .O0i Mexico Con, S's1f5;
Mohawk. 67T64. Nevada Con-. i00l0ha,
old Dom. 25025ia, Phoenix. IA asked
r. l., 3Aqf shannon. 12ul2ia. Trinity.
l50l54: Wiuou8. 3 bid. Az Cont EA
0l5A B0yalc, 1854 0l6; Greene-Cana-
nea. lO0l0is; Balaklala, lHlA.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-09-10
GOLDFIELD

Sandstone. 5la53; Mohawk. $4,000
1.E0. COL Mt, 5U asked: Jumbo Ext,
1T5mlT71a: Nerual, 15 bid; Pennsyl-
yania. asked. G1ldhcll Min. Coz
$50 bid. Kendall. 80 asked. Booth,
44N45: Blue Bun 33 bid. Adams. Is
ais. Slveh Pick 5000, May Queen,
il bid: Nevada Boy 1NSi Black
Butte EXt. bii. Blue Poll $50 49,
Dixie. GW1; Golduald Columbia, %
bid; Hberuia, 9 asked ST. Ives Oh p
s2s Conqueror. 12014. Black Rock.
sac: Lone Star. 22023; q. wonder
8 asked; potlatch. 40 asked; orc. 10
bid. Kendall EXT. 3 asked sand
storm EEL. 405i Mayne, co. q. At
lanta. 52 IA SO.
Great BEND. G5a6S slmmcrone. 20 ask
ed. EmT re. 1904 Rcd Top Ext. 25n
2s. Florence 4.1 bId; Diamondne.d b.
-. Con, 26 bis; GoIideId Daisy. l.5oW
l.55: Ilguua. asked, Combination
Fraction. 212Ns2I.. Great Bend Ex!s
l4Qii. Great Bend Annex. o asked. D.
B. Bonanza, 60f. Kowanos. 6iN5g
Portland 200E HracSeriack 2l02lt
Rcd HIS. 5Tuls. Mohawk Est, 10 bid
Lou Dillon. ~ III s. Tiger Do hlI
Grandmg % bid. S p. Ext l0uus
y. Rose, 6 bid. colorado Mn. Ett.
asked, Golthel CON. 1tiHut5l,
Diamonlied Triangle 2l022.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-09-10
WAGES AND RETAIL
PRICES OF FOOD
Bureau Of Labor Annual lnvest-
cation Shows Higher Wages
In 1906 Than in 1905.
AND FOOD ALSO WAS DEARER.
In Manufacturing and Mechanical In
dustries Increase OF Pay Greater
Than Increase OF Prices.

washington. d. c.. Sept 1o.-The
annual investigation Of the bureau OF
labor into wages and the retail prices
Of food. the report on which has Just
been placed IN the hands Of the print
er. shows that IN the principal manu-
featuring and mechanical industries Of
the country average wages per hour
in 1906 were as per cent higher than
IN 1905. the regular hours Of labor
per week O.5 per cent lower, and the
number OF employees in the establish
ments Investigated was per cent
greater. The average full-time week.
ly earnings per empolye in 1906 were
SO per cent greater than in 1905.
INCREASED WAGES.
During 1906 wages were increased
generally in nearly al industries, 40
Of the Al industries covered by the
investigation showing some Increase.
The greatest increase was In the man
utacture Of cotton goods, where the
average wages per hour IN 1906 were
11.2 per cent higher than 1905. In
the manufacture OF electrical appar-
atus and supplies the increase was lu.l
per cent. In street and sewer work
done By contract the increase was 81
per cent: In iron and steel Bessemer
converting, SIS per cent, and In the
manufacture Of cigars, S.4 per cent
In the manufacture Of bar iron the
Increase IN wages per hour was 6's
per cent and in the building trades
CT per cent. Briefly stated. two IN
dustries showed an increase IN hour
ly wages Of more than 10 per cent
Z industries an increase Of per
cent but less than 10 per cent, and 81
industries an increase Of less than 5
per cent. In one industry--paper and
wood pulp-there was "a decrease Of
IL per cent In the Industries as a
whole. weighed according TO import
ance. the Increase In hourly wages
was 40 per cent
The fact should be borne in mind
that these figures apply only TO wage
workers in manufacturing and me-
chanical Industries and do not show
conditions SO far as salaried employ
es are concerned.
The Washington herald., 1907-07-04
Cotton Rates from the South

The Interstate Commerce Commission
has just rendered a decision that will be
disappointing to the cotton manufacturers
of the South, who sought relief from what
was alleged TO be an excessive freight
rate on Oriental shipments. as well as one
that Disseminated against them in favor
Of New England cotton manufacturers.
II appears that the rate charged for
Southern cotton shipments TO the Orient
is SL2j per 1o0 pounds. while that charged
New England shippers is So cents. This
apparent discrimination was upheld by
the commission on the ground that the
lower rate was due TO water competition
via the Suez Canal. On this point the
commission said:
The lower overland rate which these defend
ants make from New England is forced hy water
competition and tie supreme Court Il the United
States has held in many cases too well known 20
require citation that railways do not violate the
terms # the act 20 regulate commerce By meeting
such competition without reference 20 rates from
other points where the competition does not exist
Regarding the complaint that the rate
Of $L25 is excessive, the commission ruled
that the rate was not unreasonable. not
withstanding the fact that it was put in
force by an illegal agreement to advance
transcontinental rates. In spite of that
agreement. the commission was forced 10
the conclusion that the rate complained
of was not too high. in view Of a recent
decision that a rate Of si15 to Pacific
Coast terminals was not unreasonable.
That rate" says the commission, "car-
ried the goods only to San Francisco.
while the rate under consideration carries
them more than 5000 miles beyond"
Thus the commission has declined to
equalize competitive conditions by equal
izing freight rates from competitive points
having differing advantages in the way Of
transportation.
The Washington herald., 1907-07-04
Wherein We Follow a Precedent.

Perhaps It is hardly necessary for us
TO call your attention 10 the fact that this
Is the Fourth of July, the Day We Cele-
brate, the Anniversary Of the Birth OF
American Freedom, SC, &c, sc. Probably
the small boy and the cannon cracker
in fiendish conjunction, have already
made YOU aware that such is the case,
but, nevertheless. It is not for us 10
smash a precedent which has ruled in
all well regulated newspaper offices for
one hundred and thirty years. a Fourth
Of July newspaper without a Fourth of
July editorial would be as refreshing as
the day itself without multitude Of dia
bolical noises, but we cannot expect to
progress too rapidly, even in this progress
sive age.
It's mighty fine thing to inculcate the
young American idea with a proper ap-
probation of the meaning of patriotism,
and of what dark and benighted land
this would be had not Thomas JEFF
fersOn and John Hancock and some
others practiced penmanship that sum-
mer day way back in 1T16- But we do
wish the process Of incubation could pro-
ceed without the assistance Of gunpowder
and near-orators Anybody who will de-
orator and defrecracker the Fourth Of
July will earn our everlasting gratitude
and, We think. that of a very large
number of people no more pessimistic or
grouchy than we are.
Tonight, when you are trying 10 get
over the tired feeling that the Oratory
and the lodging of Internal pyrotechnics
has brought on you. but cannot because
of the necessity Of bandaging Tommy's
MANNED hand. and telephoning to the
doctor to come and replace Willie's left
fO-t, you may appreciate the force Of
these observations more than you do this
morning. But we shan't be disappointed
If you conclude that they haven't any
force. We are quite we'll aware that the
eagle will scream and the fireCraCker
crack and the orator crate just as loud
as If We hadn't said a word. but Il helps
some TO unburden our mind. Maybe the
casualty list will not be as large as usual
this year; and. anyway. the day furnishes
business for the surgeons. and will not
come again until the middle Of 1908 SO
we Will cease repining and be as patriotic
as any Of you. It might be much worse,
after all-mightn't it?
The Washington herald., 1907-07-04
4 CrueI and MerciIess Strike

There may be protests from the public
about the strike Of the telegraphers: some
people may object 10 the strike of the
Western miners. and when the street
cleaners strike, leaving the cities reeking
with garbage it is a supreme test Of the
public patience. But for sheer and un-
adulterated cruelty it Is difficult to con-
ceive Of a strike more far-reaching in its
effects or more ruinOus TO the health
than the strike Of the ice men in New
York
The New York fee men have been strik-
ing only day or two. but already the i'll
effects are apparent. The first wall went
up from Broadway. somewhere in the re-
gion Of Longacre Square, where the hotels
began, for the first time, to serve high
balls without ice. That is. they served
what they called highballs, for any Amer
ican citizen knows that without ice the
highball becomes merely the plain and in
sipid whisky and soda" of cur English
cousins. Being a lukewarm and tasteless
drink, offering no alienation from the
heat waves that rise from the asphalt
streets, it is this iceless whisky and soda
that is, without doubt. responsible for the
phlegmatic and easy-going disposition of
our British friends. A nation content
with such n drink can hardly hope ever to
cut much ice
The strike is seriously affecting New
York's social atmosphere. The drug stores
are unable TO serve "sundaes" or 'lime-
AIDES, and as a consequence there is no
inducement for the fair sex to sally forth.
II is reported that Broadway is filed with
men-just men-and that the actors out of
work who. during the summer, strive so
bravely to hold up the Metropolitan Opera
House, are discOnsolate. 1t is said that
the hotels are rapidly installing ice ma
chimes so as to be independent of the
strikers. but In the meantime Il Is to be
feared that there will be an exodus of all
the thirsty men from Broadway TO some
summer resort where the merry tfnkle
Of ice is still heard in the highball glass
II this should happen. New York would
be quite deserted, business would be at a
standstill and Wall street might as well
shut up shop.
Some strikes are justified. and the pub
lie is willing to stand some Inconvenience
The Washington herald., 1907-07-04
The pearness Of Money.

The failure Of a bond sale in New York,
for the first time in a great many years.
calls attention to the fact that among
the other commodities which have risen
in price, so that every one is complaining
that living Is more expensive, must be
counted money
The comptroller Of New York City Of
fered $27.00O,OOO In bonds. payable in fifty
years, and 100000 payable in ten years,
all bearing interest at the rate OF per
cent. OF these only about SO 600 worth
were sold. There could have been abso-
lutely no question as TO the value OF the
security offered. II was gilt-edged and a
perfectly safe and conservative invest
ment but the bonds were not attractive
enough, and the comptroller. it is thought,
viii have to increase the interest rate on
the $27. 100000 that is left to at least AS
/ per cent
The reason for the failure Of this bond
issue lies solely in the fact that people
can get more for their money than 4 per
cent Il has not been so long ago that
municipal bonds of good character were
snapped up eagerly when they offered
only per cent interest. and 3 l-2 per cent
bonds were at a premium. But the inter
est rate has gone up, because the oppor-
tunities for investment have increased.
New York state, few months ago. was
unable 70 sell its canal bonds at 3 per
cent. and by a special act the interest
rate on them was raised TO per cent
The failure Of this bond issue casts no
reflection on the credit of Greater New
York; It simply means that money. like
other commodities. has gone higher, and
1t sets. for a time. a new mark at which
municipal or other improvement bonds
will have to be rated. Il will take some
time, probably. for this change in the
world Of high finance TO percolate through
20 the underworld Of low finance, and
II viii be interesting TO note how soon the
banks will recognize the fact that the
rule should work both ways, and consent
to increase the interest rate on the poor
mans savings.
The Washington herald., 1907-07-04
INSPIRED BY THE HERALD.

Atlanta Journal: II the cartoon in The
Washington Herald is to be trusted, they
have a new bulldog in the White House
who will never show the white feather.
Roanoke Va) World: IT'S Ted or
Taft says the St. Louis Post-Dispatch.
It's also Ted and Taft-Washington Her
aid 1t may be Ted without Taft.
Atlanta Georgian: The Washington
Herald scores hit when It declares that
the people viii choose their next Presi-
dent, without regard to Mt. RooseveIts
wishes.
Bristol (Tenn) Herald-Courier: Look
at those cadets. girls" exclaims the Nor
folk Landmark. Eyes front, cadets,"
commands the Washington Herald.
Charge, girls,
Houston Post; The Washington Herald
has discovered Secretary Tafts double
in washington. If the two men ever meet
they viii have TO put their backs to-
gether and reach over their shoulders in
order to be able TO shake hands.
Cleveland Leader: Says the Washington
Herald: There is no use in physicians
warning Us against microbes in connection
with kissing babies. We emphatically re-
fuse to boil the babies, and that's all
there is to It," Charles Lamb has a little
the start of you there. You remember
that when the lady asked him how he
liked babies he answered "B-b-b0iled"
Austin Statesman: Those newspapers
that apply to the railroads for advertising
contracts are very liable to come TO the
conclusion that has been reached by The
Washington Herald, as follows: IF the
railroads would only obey all laws in the
same manner that they obey the anti
pass law, what a glorious country this
would be-