davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-07-26
SILVER KING CON. CALLS
ANOTHER ASSESSMENT

The Silver King Consolidated company
levied another assessment of 10c a share
on Friday. 1t will be delinquent on Aug
26. and the sale day is set for Sept. II.
This is the third assessment of like size
levied since the reorganization of the
company and the resumption of opera
tions last spring, and Secretary 6. w
Browning reports that they are being
cheerfully and promptly paid While the
notice did not appear in print until yes
terday morning, a number of prominent
local stockholders had their checks in by
noon.
While a lively campaign of development
is being prosecuted in the mine, the man
agement is gradually cleaning up the old
Indebtedness and everything is going
along at a swinging gait. For about two
weeks, now, Manager Scion Spiro has
been constantly with his surveying crew
in the Silver King Coalition company's
workings determining the size and char
acter of the latter companys operations
In ground that is jointly owned. and he
has expressed his determination to keep
right at 1t until the task is finished, II
possible 1t is not likely that the data
secured in doing this work will be made
public at any rate in detail, until 1t Is
presented in the form of evidence In the
suit for an accounting and settlement
that has been brought against the silver
King Coalition company. The work up
to the present time. it is said. has been
confined to One or two levels where stop
ing operations have been carried on In
Vesuyius- Andes ground.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-07-26
CURLING THE CURRIERS'.
Boston Exchange Takes Action Cal
culated to Check Curb Trading.

At special meeting of the governing
committee of the Boston stock exchange
held yesterday July sO it was voted:
THAT on and after Aug. l. 1908, no
member of the exchange, or firm, one
of whose partners is a member, shall be
connected by telephone or telegraph. di-
.rectly or indirectly. with the Boston
curb. Neither shall any member or firm
be directly represented on the curb. either
temporarily or permanently"
The action of the governing commit
tee of the Boston stock exchange with
reference to transactions on the Boston
the hearty Endorsement of a very large
majority of the members of that body.
saws the News Bureau.
We understand that this action is the
Outgrowth of long contemplated desire
on the part of the Boston stock exchange
to free itself from all responsibility for
the existence of this outside board. and
to eliminate so far as possible the feel
transactions on the curb have Indirectly
the sanction ~ the exchange.
In taking this radical action the Bos-
ton stock exchange has not waited for
any New York initiative. 1t may be
interesting in this connection to recall
that the first stock exchange clearing
house was the creation of Boston peo-
pie and put into force here before 1t was
tried in New York.
That there have been legitimate trans
actions on the Boston curb goes without
saying; that there have been vlany fic-
titious and illegitimate ones is equally
true. The action announced this morn
ing should go A long way to protect the
investor in all his stock dealings
In preparation for this action by the
stock exchange on opportunity has been
given to legitimate companies whose
shares are now being traded in on the
curb to list their securities on the ex-
change. Half a dozen different COM
panies are now preparing reports for such
listing
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-07-26
Two New Mining Companies.

The Tintic Plymouth Mining company
filed articles of Incorporation with the
county clerk yesterday. 1t owns claims :
~ J,;ah county and has a capital stock of
s1o0 600. with shares at 10 cents each me
Officers are: A. J. Cronin, president; r.
F. Roland. vice president; Shand Smith
secretary and treasurer
SantaotIin filed articles with the secre-
tary of state. The company owns claims
in the Santaqun district, Utah county
and has a capital stock of $25'O0o, with
shares at 2Ib cents each The officers
&C. G Holman. president; r. ]. Arm
strong. vice president; John Greenhalgh'
secretary and treasurer.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-07-26
THE HERALD IN NEVADA.

The Herald can be bought at the foi-
lowing places in Nevada
Lovelocks-Charles II. Baker.
Tuscarora-Mrs. a. l.. Clark.
Reno-Rosenthal g. Armanko
Goldfield-Palace News Stand ano
Hunter Adv. & Pub. Co.
Ely-Harville Stationery Co. G.. b.
FaXon and Walden & Burnett.
Caliente-John fShier.
Delamar-J. NJ Kelly.
Pioche-Pioche Drug Co. and A. A Car
than, p. NJ.
Cobre-Richard Richards.
Raw hide-Louie Polin.
Las Vegas-Wilson Drug Co.
Smelter-M Herman.
Tonopah-T. A. Oldfather.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-07-26
Mines and Mining Stocks

the ground is cleared and is ready for the
quick construction of two moHe led;i
stacks, but the material and equipment
for these is not on the ground yet.
While nearly everybody about the works
was taking a holiday Friday. it was plain
~ evident that large force of men was
being employed and that things would be
whipped into shape at a rapid clip from
this time on. If both lead furnaces are
down to regulation business by the end
of next month, no one will have a kick
coming, for there Is certainly lots to do.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-07-26

per annum and the common per cent;
both so par value.
These enormous profits suggest that the
metallurgical industry Is fertile field
for fortunes of a kind that depend not
alone on the natural resources but on
the intellectual application of the princi-
pies of economy ard shrewd management.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-07-26
Mining Notes.

Two carloads of Utah ore was released
from the Pioneer sampler yesterday.
I,orin n. Morrison expected to leave for
Beaver county on mining business last
night
Manager w. ]. Craig left for Alta and
the properties of the Kennebec company
yesterday afternoon.
$4,000 carload of ore will be marketed
by the Uncle Sam Consolidated during
the coming week. The strike of high
grade ore is said to be holding out splen-
didly.
1t was reported in Tintic Friday that
a big body of fine ore had been struck
on the 800 level of the Iron Blossom. The
strike has not been officially promul-
gated, however.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-07-26
MONEY MADE,|N
ORE SMELLING
American Smelling Has Paid
Over $43, 900, 900 in DiM-
dendS Since Organization.

The miner who is subject to the pc
culiar policy of certain smelters that are
in position to demand sometimes more
than their due for treating ore and gen.
orally penalize a very complex ore. often
wonders what are the profits of these
metallurgical works, says the Mining
World of yesterday. People who have
bought the shares of smelling compa-
MES also occasionally question the phil
anthropy of the management when divi-
dends are declared out of profits. Even
the employees of the smeiters will Specu-
late on the results of profitable or un-
profitable year. especially when the day
arrives on which a change in the salary
account is usually made.
There are other economic factors which
make an analytical discussion of smelt-
er profits interesting; these. include the
keepers, etc. upon the successful opera
ton of the metallurgical works. The lat
ter group of dependents upon the smelter
have experienced some pecuniary incon-
Veniences as a result of the panic last fall,
but there are signs that the situation has
improved materially during the last two
or three months, and is likely to continue
to be bettered in the closing months OF
the year by the anticipated increase In
consumption of the smelter products
Where however, the operations OF a
smelter are interrupted by smoke ano
fume litigation, earnings are severely
sidered profits anight we'll be classed as
a reserve fund to be drawn on by the
lawyers and their successful compliments
AGAINST the smelter
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-07-26
U. S. Company's Record.

A cerditable record has also been estab-
lished by the United States Smelling, Re-
filming & Mining company, which since
its organization in March of 1906 to July of
1893 has paid common and preferred divi-
dends to the aggregate amount OF 3d.
AIS, go on an issued capital of s4l,S46,65o.
The preferred stock yields per cent
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-07-26

The following table, high and low prices at
stocks dealt in the local
mining exchange half of the interesting
as showing acted during that time The
range prices will noted has been broad enough to
splendid opportunity speculation while the general
the part upward thus making stock
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-07-26
COPPER METAL MARKET
SHOWING GREAT STRENGTH

The Boston News Bureau of yesterday,
as quoted over the Pollock private wire,
has the following to say on the copper
metal situation:
''The market for copper has become
very strong, with a decided increase in
activity. Large ssles have been made
during the past few days at 1Sc to 1Slsc:
mounds for both Lake and electrolytic
brands, and the market last night closed
strong at 13lsc at 13Ac from electro IL
looks as though 1Sc copper had become
a thing of the past for the present al
least. as bids of this figure are no longer
considered in leading quarters.
Europe is an anxious buyer on a large
scale. and the demand Is stronger on this
side than for considerable time past
The market acts the best in a long time
and the advancing tendency is creating
quite a stir among buyers.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-07-26
Six Months Range of Prices for Utah Stocks

anything shaky for the man who bought to
hold shown the table,
stocks and the better class OF the specu
With the coming month
way all in favor of still higher
table complied by Child, Cole & Co., the
block brokers and exchange members
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-07-26
Ore and Bullion.

Ore and bullion settlements in this city
yesterday. as reported by Mccormick &
Co., amounted to $4,000 as follows: Sill
yer. lead. gold and copper ores. $1,000;
base bullion. $4,000 Settlements for the
week aggregated s255, 900.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-07-26
INCREASING SHIPMENTS
FROM TINTIC DISTRICT

Eureka, July 25.-The shipments from
the Tintic district amounted this week to
ia carloads. forty-two of these going to
the Tintic smelter The list is made up
as follows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-07-26
The Best Printing.
Union Assay Office.

Is done by The Century, Salt Lake
printers, 165-167 South West Temple
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-07-26
Midsummer Wall Paper Sale.

Everything in the line at reduced
nrices. lust to keep busy. While you
take your vacation we will take the
worry, and do it right.
w. A. DUVALL.
Both phones. 1lO w Znd So
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-07-26
COPPER STOCKS IN
BOSTON AND NEW YORK

Following is the daily market comment
of Paine. Weber & Co, Boston, together
with the range of prices of copper stocks
and other Boston lIstings in which the
west is interested. as, well as a similar
report on New York curb transactions,
by James A. Pollock 81 Co., and from
which II is secured for use in this de-
nartment of The Herald.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-07-26
Stocks in San Francisco.

The closing quotations on Nevada
stocks in San Francisco yesterday, as re-
ported over the private wires of James
A Pollock & Co. were as follows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-07-26

Boston. July 25.-The bull movement was
continued in good shape today. All the
bears of yesterday were inclined to bull
stocks and they advanced easily. We
would advise taking profits Monday for
a turn, as Tafts speech is coming Tues
day and the market will be nervous I'M
til then. Have faith in this market and
believe in buying on every reaction. Ad-
venture. Copper Range. North Butte,
Greene-Cananea and Shannon will ali sell
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-07-26

NJ. S. Hanauer- j. V-Sadler
l62 So. West Temple. P. o. Box 1446.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-07-26
The Metal Market.

Silver. 52Ihc per ounce.
Copper (cathodes), 121sc per pound.
Lead, $3.50 per 100 pounds
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-07-26
Improved Methods Make for Success.

improvements in smelling, and the in
stallation of labor saving devices, ald
largely in attaining the success which
means profits to the operating company
and its shareholders
Consolidation of shelters to economic
management and regulate treatment
charges has in at least two. cases COM
pounded the interest on the capital in
vested Technical skill and the payment
of a bonus to employees have resulted in
far greater profits than were made when
the shelters were operated individually
Reviewing the progress of the Ameri-
can Smelling & Refining company since
it acquired the Guggenheim plants, at
which time the capitalization OF the so
called smelter trust was increased to $lO0.-
600 600, the net earnings have been IN
creased by over s5.000.000 per annum. Dur
ing the fiscal years from 1903 to 1907 the
net earnings grew from $7,5l67So to Sll,-
500 $40. The figures for the year ending
April 30, 1908. are not yet available: but
there is reason to believe that the stump
in metal prices has seriously affected
earnings.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-07-26
Effect of Metal Prices.

In 1861 when the net earnings were
ST. 905,572. the dividends 81. $50. 900 (of which
81 10000 was on common stock. and the
employees profit sharing fund was ere
ated by the setting aside OF s9l ,2o3. the
monthly average price of silver ranged
from $3.50 to GO36 cents per ounce. and
that of lead from 4075 to 4.475 cents per
pound In 1885, when the net earnings
were SO l61, S5S, the dividends S., 600
and the employees profit sharing fund In
creased by s449 2Oi, the monthly average
price of silver was 57.S32 to 66.10 cents per
ounce, and for lead $50 to $50 cents per
pound.
In 1867, when the net earnings were
81 509.670. the dividends Sc. 10000 (of which
Sc go. 600 was paid on the common stock.
and the profit sharing fund of the en-
ployes was enriched by $4,000, the month
iy average price of silver was 6o.l1 to
7O.S12 cents per ounce, and of lead $50 to
cents per pound.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-07-26
Trust Earning Since Organization.

The dividend payments by the smelter
combination from its organization in April
of 1899 TO July of 1903 amount TO the large
total of s4s. 2Oe. 500, of which the preferred
shareholders received SIS. 706.553. or at the
rate of per cent per annum on par, SloO,
and the holders of the common stock $li,-
$4,000 The last quarterly dividend on
the common stock was at the rate of 4
ner cent per annum In addition to these
dividends there has been created by the
combination for its employees a profit
sharing fund, which from 1904 TO 1907 Qis-
cal years. amounted to s1.2sI,
1t is noteworthy that during the period
of 1923. when the smelter trusts net
earnings were s7,5167S5 and only the pre-
ferred dividend of s3,5O0,O00 e per cent?
was paid the monthly average price of
silver varied from 47.57 to 52.SS cents per
fine ounce and lead from 4.015 to 4.561
cents per mound.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1908-12-04
NEW GAR is ANXIOUS.
Bulgaria Again Asks Aid of the Rus
sian Government.

Bucharest, Bulgaria, Dec 4-The
Bulgarian government has for the sec
ond time asked Russia to interfere
against Turkeys claim for monetary
damages as a result of the declaration
of Bulgarian independence
Bulgaria's new car. Ferdinand, while
still affirming his peaceful intentions.
has declared to Russia that he will dis
band no more of his troops until he is
assured that Turkey will surrender to
his country her own sovereignty with
out force of arms or exaction of
tribute.
Russia has so far failed to reply to
the demand from Ferdinand, and the
situation in the Balkans is again be-
coming tense as a result.
Meanwhile Ferdinand is drilling his
troops daily, and there is a sentiment
throughout the country that war is
preferable to a tax that would have
to be levied in exorbitant amounts in
order to pay the Turkish tribute.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1908-12-04
BRYAN'S WARNING
Says Next G-eat Political Battle Is
With Socialism.

Lincoln, Neb., Dec. 4.-The growth of
the Socialistic idea, rather than its
votes. is the subject Of the leading edf-
torial in this weeks issue of Mr..
Bryan's newspaper. The Democratic
party, says Bryan, is for individualisrn
and therefore IS opposed TO Socialism
He warns the Repu blican party that
the Socfahstic movement must yet be
dealt with and that It is no trivial
problem. Bryan says in part:
The Democratic party cannot adopt
the Socialistic programme: IL cannot
accept the remedy which Socialism
presents. The Democratic remedy is
more nearly in accord with the plan
upon which the universe was construct
ed. The Maker of the World might
have supplied us with food, clothing
and shelter without requiring labor on
our part, but He did not. He gave US
the rich resources of nature, and not
only commanded US to work, but ar
ranged that our rewards should be in
proportion to our intelligence and our
industry.
Might has overturned this law In
some cases, Gun ming has perverted 1t in
others and government has sometimes
suspended 1t; but it should be the aim
of the social man to restore this law
and to make 1t operative. Man cannot
adjust the rewards of society as i'm
partially or as equitably as they can be
adjusted by competition where competi-
ton is free.
Man has not the intelligence to par
eel out the worlds work by legislative
act or by commission, nor have those in
power the disinterest edneSS necessary
to a wise distribution of the work to be
done. Where competition is impoSSi-
bic, a government monopoly Is neces
sary, but where individual competition
is possible, competition is better than
government ownership.
1.-THE Republicans may boast of their
victory, but they have a more forInid-
able opponent than the Democratic
party to contend with. They have the
Irresistible forces of Socialism to COM
bat If the Republican leaders are deaf
to the petitions of those who feel ag-
grieved by present injustice. the re-
monstrance will grow until the threat
of punishment will compel the govern
ment to give heed.
Just as the Populist party grew until
it compelled consideration OF the abuses
that led to it's organization, so the So
ciaIist party will grow until it forces
those at the head of the government to
look into the wrongs that are done and
to apply remedies.
"a Democratic victory would have
brought the reforms earlier. but even
Republican victory cannot permanently
nrevent them. The Socialists acting
with the Democrats, might have has
tened these reforms, but the Socialists
acting alone will still exert an in
f1uence in compelling a more careful
consideration of the great economic
question that has vexed the world from
the beginning. namely, the equitable
distribution of the joint product of hu-
man toil-a distribution which will give
to each Individual a share proportionate
to his contribution to the worlds well
fare
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1908-12-04

them are to get the benefit.
Two hundred thousand of them are
expected to reach Chicago today.
The proceeds of the sale of stamps
in this city will be used in fighting
the white plague" in Chicago through
educational work, support of SAM
forum and maintenance of dispen-
saries.
It is proposed to sell the stamps in
a booth at the postoffice, with the con-
sent of federal authorities; In depart
ment, drug, confectionery and book
stores Booths will be established in
theaters and elevated railroad stations.
The board of education will be asked
to sanction sales in schools. All bust
ness men will be urged to buy stamps
to attach to the letters they mail be-
tween now and Christmas.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1908-12-04

An event of more than usual inter
est will be the address Sunday. De-
cember at 3 p. M, at the Majestic
theater to men. DIR. Johnston has held
pulpits of the first importance in Des
Moines. Colorado Springs. Chicago and
New York DR.. Johnston's standing is
shown by the fact that he was sent by
the Presbyterian church to make a
round the world study of the work in
all its foreign mission stations He is
not only a great preacher, but a writer
of note. His book. Scientific Faith" is
said by DR.. Estey of this city, to be
the greatest book on this subject he
ever read. Dr. Johnston's subject Sun
day afternoon will be Scientific Faith.
He will deal in mastery manner with
the "Religious Doubts" All men should
hear him. Take a friend.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1908-12-04
CAMEL Is OURS.
A Scientist Says Ship of the Desert
Originated i'm America.

New York, Dec. 4.-Camels. hump
included. originated in America. and
not in Asia or Africa. according to
Prof F. B. LOOMS. who has made a
study of prehistoric animals. In an
address before the Amherst asso citation
he said that some three million years
ago the camel roamed about North
America When the beginning of the
glacial period brought its covering of
ice tc this continent, he continued, a
few camels went to Asia; others went
south, passing the Isthmus of Panama
and starting the Llama family of
South America.
Prof. LOOMS showed a series of pic
lures of skeletons which he and his
party had discovered in Wyoming,
tracing the development of the camel.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1908-12-04
WATERWAYS LEAGUE MEETS.
Object Is to Connect the Rio Grande
With the Mississippi.

New Orleans, Dec. 4.-Between Two
and three hundred delegates gathered
here today in attendance upon the
fourth annual convention of the Inter
state Waterways league. which has Cor
it's object the construction of an inland
waterway from the Rio Grande to the
Mississippi.
1t Is planned TO connect and dredge
to sufficient depth all of the rivers and
bodies of water just lying inside che
Louisiana and Texas coasts. A gov
ernInent propriation has resulted in
a portion of the work being completed
already and a further appropriation
will be asked of congress.
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1908-12-04
RFAL EsrA1.E: rRaNsFERs.


OBSERVATION-DISCLOSURES. -ppe
s.eIqolra as uosIpeN pue -Ise sloI :
OOOII r.: :. =. eAe sesueN 60 4oI
'HIeIO s a OF eJIM pure suIoD "a f
.
-aIsH as pIeqoIO e "a pue 80 loI
4l5HooId q D o. 7uIoqkeLO H f
F. " Greene and wife to S. Hercules,
lots $40 to 3S5 inc. Warren ST.; also
lots 316 to 3S6. inc. Winter st, Wash
o. B. Keilam to A. A. GODDARD, lots
25-7-e-31-3 and B Boswell ave-. add.
E. M TiDton 70 M \ = Morev, lots
and Locust St. Mulvane & Chases
aCNQ- -.--'-.-- go. 1900 L
al. 81 ard 70 western ave,
Throop's ACKNOWLEDGEMENTS.
G. Gleed and husband 70 H. c. Ewers,
lots o05-7 and and part 500 West
Gossett ana hisbard 80 ''0"
Cozad. pt- ". u S. w. IL 2e-l1-l5-...... 200
The Topeka state journal. [volume] (Topeka, Kansas) 1892-1980, 1908-12-04
TUBERCULOSIS STAMPS
To Be on Sale in Chicago During the
Holidays.

Chicago, Dec. 4.-The Christmas
tuberculosis stamp of mercy is to in
wade Chicago.
1t will be a 1 cent stamp which can
not carry letter but will carry aid
to consumptives of Chicago. The Chi
cago tuberculosis institute Is to be the
clearing house for the distribution of
these stamps in Chicago and Illinois.
The stamp was originated by the
National Red Cross society, but IN each
locality the organizations distributing