davidaulloa/AmericanStories huggingface dataset:
Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1908-06-05
DEMAND
WAS HEAVY At
THE OPENING
Trading Was Carried On Quite
Extensively, But Sellers
Soon Made Their Presence
Known-Copper Stocks.
lRy Frank j. Graf


The opening of the market showed
an Improvement over the close of the
day previous, with heavy demand fer
stocks ar the very opening. Trading
was carried on quite extensively, but
sellers soon made their appearance
and decline was noticeable and liqui-
dalton resulted, causing the market to
close at about the low marx for the
day.
The Boston market naturally iei off
in sympathy with the New York mar
ket, and lower prices were alsn no
ticed. North Butte very likely has al
ready discounted it's dividend which is
to be paid on the 81. of one dollar l.er
share. payable 10 those CT record Of
the 18th.
Greene Cananea also showed a slight
weakness, closing at 95s. Superior &
Pittsburg also declined fraction at
the close. Shattuck Arizona is in fair
demand at 1917 and is being well sup
ported at that figure. Dem Arizona is
inclined to be a trifle weak, stock
being offered at 2az with no takers.
The entire market has shown a slight
reaction which was nothing more than
expected, but on a whole is in fair
form
Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1908-06-05
EASTERN CAPITALISTS
GET THE HOTTENTOT
Daniel ]. SuIly Breaks Into the
Mining Business in Pima
County,

PHOENIX, Ariz, June THE Hot
tentot group of gold claims, belonging
to z. S. Osborn, and situated in San
Francisco district, Mohave county,
has been taken over by company Of
eastern capitalists. Parties here from
Kingman report that Mr.. Osborn re-
eeiyed a $4,000 cash. payment on the
purchase money, and that the group
is one of the best in the county.
The Archise Copper company, at
Stafford. Graham county, is installing
a fine concentrating plant for the re-
duction of its ores. A 500Toot tunnel
on the Archise mine is being sur
veyed, which will cut the quartz and
porphyry belt at a depth of 800 feet
DR.. Jackson, president of the com
pany, whose principal headquarters
are at Boston, is visiting his com
pany's property.
Through the agency and work Of
Lester Jackson. New York company
has taken bond and lease on a large
group of gold claims belonging TO
Enoch Williams in Hassayampa dis
trict, Yayapai county. The new com
pany has started an increased num-
Der of miners at work, and a repre-
sentative of the company has departed
for Denver for the purchase of suit
able machinery.
Daniel ]. Sully. who lost his mil
lions by the collapse of his bull deal
in cotton a few years ago. has be-
come the president of dhe Cerro
Colorado Mining company at Arivaca,
Pima county, and is the equal owner
with number of others. comprising
the Cerro Colorado company, in a
large group of claims and mines. Mr..
Sully says there is over $4,000 .uuU 4.
sight blocked out. and that additional
machinery will be installed at the
camp and a big reservoir established
t5lis summer.
Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1908-06-05
Mining, SInGItGrS and Stock Quotations
DISCOVERY IN
PlNAL MOUNTAINS

One Of the most important gold
strikes in the history Of mining in
the southwest has been made IN the
Contact claim OF the Thomas-Henry-
wimberly group OF claims on the
Pinal foothills. about six miles
southwest of Globe. The ledge is
more than six feet vide. and from
width of the vein an assay of S21.40
in gold has been returned by three
different local assayers. The ore is
an iron sulpaide, containing 25 per
cent sulphur. and is pronounced one
OF the best fiuxin2 ores ever uncov-
cred in this section OF the country.
The vein was first encountered in a
shaft at a depth of twenty-five feet.
At this point it was two feet wide
Five feet additional in depth have put
the prospectors in a solid ore body,
which covers the entire base of the
shaft, and its actual width will not be
known until further development
work has been done Old miners,
who have examinedssamples from the
Contact, assert that this discovery
viii revolutionize the mining industry
Of the Globe district, and in a very
few months it win be alluded to as q
gold copper section. Many men VINO
have examined the workings at the
Contact and the general formation CT
the vein and ledge matter are SAP
guine of the permanently OF the min
eral, and are inclined to the belief
that it will widen out with depth and
show a greater richness. A two
foot vein of such ore as is now being
worked would make millionaires of
the owners OF this group of claims.
The prospectors, however, feel GER
tain that they have struck it. and
struck it very rich. They will cu-.-
tinue to sink on the vein to determine
Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1908-06-05
A VEIN OF TaLC
FOUND IN VIRTUE
Promising Results Expected
With Comparatively Small
Expenditure of Money

PARADISE. Ariz., June A INST
row vein of tale was encountered in
the Virtue tunnel the latter part OF
last week. The appearance of tale
is usually considered a good ore indi-
cation. Furthermore, the tunnel had
for some time previously been in lime
good sign. With; this encourage
ment, the Virtue company expects 70
strike ore sOoOn.
On the other hand. the main ledge
is believed to be about forty feet dis
tant. and of course it would occasion
no great surprise should no ore be en-
countered for two or three weeks. or
until this ledge is reached.
The surface groupings are too I'M
mistakable and frequent for one to
doubt the existence OF this property
Of a large deposit of ore; and DEM
onsrations on the Savage and Co
chise. which, lying also in the foot
hill belt, are somewhat similarly stu
2ted, leads one to suppose that to be
successful the attainment OF great
depth may not be necessary on the
Virtue. and that promising results
may be obtained with a comparative
ly small expenditure of money.
Just before the Incorporation OF the
Virtue company, Judge w. G. Graham
and associates of Douglas, expert
enced and successful mining men.
made overtures for purchase of the
property: but no agreement was
reached, and they delayed so long
that the owners finally decided to
Incorporate and attempt to develop
the property themselves.
Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1908-06-05
LOGAN & BRYAN.
Especial Wire to L. ]. OverlocK.J

Especial Wire to L. ]. Overlook
NEW YORK. June AFTER an ir-
regular opening and some signs OF
strength the list became feyerish ana
continued so up to the last hour, when
on political rumors of a disquieting
nature, weakness developed and de
cIines were general. Considerable
hesitancy has been apparent among
traders for the last few days and the
announcement of reduction in the
price of bar iron has lead a great many
to believe that reductions will be
come general on all finished steel pro
ducts.
Crop reports are quite assuring and
announcement as to conditions in the
northwest caused a temporary good
demand Tor the grangers, but those
issues declined IN sympathy with the
remainder of the list when the mar
ket weakened. We still think that
the list is a purchase during weak
ness. but are of the opinic< that 20
litical developments should be watch
ed closely until after the nominations.
NEW YORK, June 4.-George W.
Perkins in an address before the steel
manufacturers at their recent meet
ing in New York said:
"The restoration of prosperity de
pended very largely upon three fac
tors, viz:
THE settlement of the financial
situation, satisfactory solution of the
political problem and satisfactory
crops"
He felt that the financial and politi-
cal problems were being adjusted
regularly and in a way that would III
timately please the majority of the
people of this country.
New York wires: Denver and Rio
Grande declared regular semi-annuaI
dividend of ? 10 per cent on its pre-
ferred stock. Swift & Company de
clared regular quarterly dividend of
l "a per cent on capital stock.
Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1908-06-05

more fully on its extent and will have
their ore hauled to the Old Dominion
smelter for treatment as soon as n
sufficient quantity is on the dump to
warrant this venture A shipment
has been made TO the shelter at FL
Paso. and returns are anxiously
awaited.
In the Wilkins group Of claims. adj
joining the Contact, and now being
worked under a. lease by Belcher, =
six-inch vein OF similar ore was en-
countered about a month ago. The
first assays on this ore gave values
in gold Of $40. This was at a depth
of sixty-fve feet. The shaft is now
down seventy feet ands the vein
measures fourteen inches, and still
maintains its richness. The force al
work on this claim is doing system
attic mining and taking out ore pre-
paratory for a shipment
The Contact was opened on a ledge
of aeeonposed quartz at grass roots.
Numerous assays on this matter re
turned values in gold ranging from
81 to s16. This character ga ut,.
continued until a depth of twenty,
two feet had been attained, When the
iron sulphides were encountered.
This is the first strike of this ma.
ture of gold ore in the Globe district.
Considerable gold-bearing rock has
been found on the Pinal foot hills
during the past thirty years, but no
systematic mining has ever been
done, neither has any great depth
been attained. The nature of the
discovery is calculated to inspire con.
fidence in the mind of the most pes
simistic croaker. The Globe news
papers believe that within a very few
weeks there will be considerable
gold excitement in Globe and that
the Pinal mountains win be the scene
of much activity.
Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1908-06-05
savage.

At the Savage two electric air drills
ere being operated by electric power.
both at the same time, in the new
shaft. which IS to be sunk as speedily
as possible The machinery is re-
pori ed to be running smoothly, and
satisfactory progress in the gaining Of
depth is. it is understood. being made
Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1908-06-05
Gardner.

After sinking a Wine several feet
in the tunnel on his property adjoin-
ing the Sullivan, G. l. Gardner again
vent to work in the face of the tun-
mel, which at the last accounts had
been driven about 220 feet, though
under cover only about $50 feet.
This tunnel is being run to tap the
ledge at a depth of about $50 feet or
Whereabouts. and word comes from
the property that according to calcu-
latiOns the ledge should soon be
reached. and when it is reached Mr..
Gardner expects a fine showing Of
shipping ore. It was not because he
did not previously have any ore that
Mr.. Gardner Commenced this tunnel.
He had plenty of ore in a 706{oot
shaft incline, which, if We are not
mistaken. has a vertical depth not
exceeding 10 feet. but. without
power machinery and alone IN his
work, it was a tedious process Cor the
owner to hoist out of a shaft that is
not straight. To gain greater depth
and at the same time facilitate taking
out ore. the tunnel was started.
While II would not be correct to
cav that this tunnel Is in ore all of
the way. the tunnel is certainly in
mineraH2ed rock for the entire dis
fance after the appearance of the
lime. twenty feet from the portal;
and paying ore was encountered in
several places, Npotably where the
Wine Is sunk. alput 100 feet in.
Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1908-06-05
PAINE WEBER LETTER.
Especial wire to L.. J. Overlook. g.,

Especial wire to l.. J. Overlock.)
BOSTON, June 4.-The successful
issue Of the Union Pacific bonds was
taken as signal by the traders to
sell the market and the closing prices
were weak all through the list How
ever, We saw very little real liquida-
ton and think the short interest has
been much increased by today's trad
ing, especially Amalgamated. North
Butte and Range.
Convention uncertainties are be-
coming more prominent and will
tend to make twosided market for
the next two weeks.
Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1908-06-05
WALKER Bros, LETTER-

NEW YORK, June 4.-The market
was under pressure from the opening
and although there were rallies from
the low there was good deal of long
stocks for sale. In the afternoon
there was a general break all around
under lead Of Union Pacific ana many
stop orders were reached.
The talk in Union Pacific was that
all the good news was out and il was
due for heavy profit taking sales.
The close was at nearly tie low and
with heavy tone. The market Is a
good trading one.
Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1908-06-05

CALUMET, Mich, June 4.-Su-
perior & Pittsburg directors author
ize the following statement:
Superior & Pittsburg Copper Com
pany is now on a profit earning basis
at present prices of metal and has
opened up sufficient ore reserves to
supply an additional blast furnace
which will probably be blown in in
July. There is therefore no neces-
sity for issuing or selling any addi-
tional stocks, as its earnings should
increase from now on
Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1908-06-05

BOSTON, June cooper pro
duceTs report a continued betterment
in conditions. The statement is made
authoritatively that the Amalgamated
Company is accommodating surplus
stocks.
News Bureau: London coppei
opened, spot, e5S. Is, Ct; futures e5s.
los; advance Is. Cd for both. Mar
ket steady.
Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1908-06-05
UNITED COMMERCIAL
TRAVELLERS TO MEET

LANCASTER. Pa. June 4.-Prepa
rations are complete for the enter
tainment Of the 9Th annual cOnveG-
ton OF the Pennsylvania division Of
the United Commercial Travellers.
which will begin a two days. session
here tomorrow. Al attendance Of
about three hundred delegates, repre-
senanS all parts of the state. is ex
pected.
Bisbee daily review. [volume] (Bisbee, Ariz.) 1901-1971, 1908-06-05

The currency bill was fixed up by
the conference committee to suit Wall
street and the f-enzied financiers.
Certainly the Republican party does
things"
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1908-03-20
A NEW TEAM

The employees of the Rapid Transit
Co. have just organized a @ase ball
team with the hope that they will De
able to enter the major league. Fred
Asch has been appointed secretary,
and will communicate at once with the
trustees Of the Honolulu baseball
league. to see If it will be possible to
have the team entered in the big
league Last year the trustees refused
to allow the team to enter, but it is
understood that they may change their
minds this season.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1908-03-20
FIRE PRECAUTIONS
Continued from Page One.I

emptied of pupils, the windows and
doors closed, and the fire hose in
markably short time the building was
the building, manned by boys who
are detailed for this purpose.
Most of Honolulu's schools have
three or more exits, and the doors
swing out, not in. Had this been the
case at the Cleveland school, the loss
of life would probably have been
slight according to reports, but the
wild rush of the children against the
doors prevented their being opened
from the outside. Then in every
school, l think, except Kalihiwaena,
there are two stairs to the upper stor-
les, one at each end of the building.
If fire should cut off one, escape would
still be possible by the other. We
have had an architect looking at the
Kalihiwaena school with a view OF
putting another stairway in it as a
matter of additional safety.
However, in this last named school,
as well as in the Normal school, there
is fire hose with nozzles and attach
ments ready for instant service, and
some of the larger boys are instruct
ed in their use, and would probably
be able to check an ordinary blaze.
Fire Chief Thurston has taken q
great deal of interest in the fire pre-
cautions in the schools, and has in
structed the principals and teachers
in the matter of fire drills and means
DP Co, fhnrafnrn 10 moi
think that Honolulu parents need
have uneasiness as to their childrens
safety"
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1908-03-20
REPORT

Notice-The directors of the Hon. r.
T. & L. Co., have declared a dividend
of l per cent. on Common Ltock, Mar.
81, 1908.
Between Boards-Sales: 10 Eva Co.,
$26. 90; As Oahu Sugar Co., $25 90; 3d.
500 Waialua 5s, S93 so; 10 Oahu Sugar
Co., $24 .875; 200 Oahu Sugar c., $500
100 Hawaiian Sugar Co., $39 90.
Session Sales. U Oahu Sugar Co.,
$25 90; 10 Oahu Sugar Co., $25 90; ST.
900 Pioneer Os, $1O1 co. 5 Oahu Sugar
Co., $25. Co.,
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1908-03-20
SUING THE NEBRAsKAN.

Before Judge Dole this morning the
testimony of the captain and mate of
the American S. S. Nebraskan was
taken in connection with the libel suit
of Karl Weidman, seaman, against
the vessel for $500 damages for in
juries. The case was continued till
April 18th. The, case was instituted in
December, 1906, at which time Weld
man claims to have had his leg hurt
by the falling of some heavy iron
plates from the tackle by which they
were being unloaded upon the deck
George A. Davis is representing the
libelant in the case.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1908-03-20
MAKLKL BRANCH.

Sub-station No. 2 of the Post OfiQ
has been re-established at 1889 Kinau
street, in charge Of I, Ito for the sale
of stamps, money orders and register
ed mail. The large japanese popula-
ton near the new station will prob
ably do large majority of their bust
ness there, which will greatly facili'
tate matters at the main office, as on
steamer days a large amount of for
eign money order business is done
which keeps the clerks very busy.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1908-03-20
NEWS IN A NUTSHELL
Paragraphs That Give Condensed
News of the Day.

MES uluA luttlluS VI Ems IOul5uls
Auto at hack fare, f. Lil.is, Tel. 361
Try Lutteds Tabasco Sauce For
sale at all grocers.
Lum Tung has sold his interest in
Tong Lee Yuen Co. to Chang SAX.
The regular monthly dividend of
Eva Plantation has been declared.
Paradise of the Pacific Souvenir
number, ready for mailing, Is cents;
for sale all newsdealers.
Eight precinct fourth district Re
| publican Club meets this evening at
Emma Square at 1880 p. m.
The Hotel Baths will hold a special
meeting on Monday March 20 at the
Office of The Henry Waterhouse
Trust Co.
Good cheap second hand pianos at
the Repair Hospital corner Alakea
and Hotel Streets. James Sheridan,
proprietor
The Republican Precinct Clubs
throughout the Territory meets this
evening for nominating delegates to
the Convention.
Do you want to save some mohey?
If so order a case of Tansan, ring up
III and be sure of saving doctors and
druggists bill.
The adjourned annual meeting Of
the Kipahulu Sugar Co will be held on
March 81 at the office of H. Hackfeld
e Co., Ltd.
It's time you began figuring on
your new tan OXfords. See style No
474 in the tan Russia leather at the
Manufacturers Shoe Co., Ltd Price
$3.50.
E. r. Bivens was on the list of those
with being drunk this morning in the
police court Instead of being tried
he was held for an examination as
to his sanity.
On account of the rainy weather last
week the Leahi Athletic Club has it's
dance, intended to be given last Satur-
day postponed till next month on SAT
urday, April 18th.
The Henry Warehouse Trust Com
pany yesterday filed it's third annual
accounts as guardian of w. r. and
Leonora Opfergeldt, showing an income
of S2626 65 for the year.
Butternut Bread, the most delicious
in Honolulu, is served with every
meal at the Palm Cafe. Appetizing
meals, dainty refreshments. Hotel
Street, near Fort
What do you think of the argument
being used against the purchase of
Tansan water? That is the cheap
est mineral water on the market It
is also the best, therefore ring up III
and place an order.
The 1907 accounts of Father Valen-
tine, guardian of the estate of Pede-
rOza, an insane person. were APPROX
ed this morning by Judge Lindsay.
| The amounts involved are less than
one hundred dollars in value.
If you're moving anything, from a
piano stool to a house-full of furni-
ture, phone So. The Union-Pacific
| Transfer Co. have a complete equip
ment of moving apparatus and expert
enced men. All work guaranteed.
A prominent citizen said this morn
ing Speaking of Tansan, it unques-
tiOnably will save physicians bills, but
iC does not save butchers bills. 1t
increase health, vigor and appetite to
such an extent that our family has
been forced to materially increase our
meat and grocery orders"
Secretary Mott-Smith has been busy
today examining a number of Chi
nese and Japanese applicants for Ger,
tiiicates Of Hawaiian birth. He will
represent the administration on the
trial of the Mauna Kea this evening
Albert Catuk was this morning
granted a divorce from Louisa L.
Catuk, by Judge Lindsay, on grounds
of desertion.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1908-03-20
WORDS OF WISDOM.

mo man can tell what a woman will
do next, remarked the thoughtful
thinker.
That's right" rejoined the man who
had just faced the parson for the third
time, "and if he could it would be ad-
visable for him to tell it over long
distance phone"
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1908-03-20

THE WEATHER.
Local once. T.. S. Weather Bureau
Young Building.
Honolulu. r. A.. March 2o. 1905

Temperatures. a. m; "a. m,; 10
o. M; ANA morning minimum.
a; e.; 15i lG; a.
barometer reading; absolute humid
ity (grains per cubic footi relative
humidity and dew point at a. M.
5000; 5259; 5S; 5S.
Wind: Velocity and direction at G a.
M. a. m; 10 a. m; and noon.
g. T.; 9, g.. 70, T.; A. e.
Rainfall during q hours ending s a.
m: U.
Total wind movement during "a hours
ended atno on: l9S miles.
WA. y. STOCKMAN,
Secti0n Director.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1908-03-20
MAUNA KEA's SAILING TIME.

The sailing time of the steamer
Mauna Kea, which takes an excursion
party out tonight, has been changed to
nine o'clock. She leaves from Kinau
wharf.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1908-03-20
For Rent.

Cottage with modern improvements
Emma Square, adjoining the residence
of Jas. F. Morgan. Rent, $25 pei
month.
JAS. F. MORGAN.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1908-03-20
BEST FOR CHILDREN.

The Nazareth Waist prevents colds
by its perfect ventilation, and its elias
ITCHY gives freedom of motion. See
them at Sachs.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1908-03-20

1t takes good many years of siren
nous experience to enable a man to
profit; by the knowledge he acquired
at college.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1908-03-20
James F. Morgan S
Stock and bond
ID q ID "a n M q n

Member of Honolulu Stock and Bond
Exchange.
Stock and Bond Orders receive
prompt attention.
Information furnished relative to all
STOCKS AND BONDS.
LOANS NEGOTIATED.
Phone 70. P. o. Box 594.