davidaulloa/AmericanStories huggingface dataset:
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1909-10-02
GAY & sTuReis GOSSIP.

Hornblower & Weeks say: Senti-
ment here still continues very bullish.
Steel holds the center of the stage
the tipsters are saying Il told you
So" and are now predicting 12O for
Steel.
There is story that London is
| heavily short OF Steel, and that two
or three large operators ON this side
are i'm the same boat.
1t is also said that there is a very
large short interest In Anal. which
stock good interests have been quiet
ly accommodating.
There are persistent rumors here of
IA tremendous copper consolidation.
While talk OF a consolidation of this
sort may be little premature there is
no doubt but that the question is be-
| ing seriously discussed, and / under
stand that an agreement has been
made between two of the large cop
per producing interests, details of
which will be shortly announced.
still continue to think that taking of
profits on bulges from this level will
hurt no one. j. w. r.
New York, oct. 2.--Clearing house
banks average cash reserve 253S.
Reserve decrease, $5.1S5,75O.
Reserve less U. S. decrease, $5,216,
! 500.
Loans decrease $7,235, 900.
Specie decrease $6,SS3 200.
Legal tender decrease, $2,33S, SOC.
Deposits decrease. $16,145,4OO
Circulation decrease, $4,000.
Actual cash reserve, 25.15.
: Reserve decrease, $5,249,175.
Reserve less L. $. decrease, $3.50
525.
Loans decrease $16,1S6,3 300.
Specie decrease, $1O,4S0,4
Legal tender decrease $1,000. 600.
Deposits decrease, 3O,16O,9OO.
Circulation Increase, $413,5OO.
Other banks loans increase $11,636,
700
Specie decrease, $SO7, 600.
Legal tender increase, $443,6O0.
Total deposits increase, $l1,54S
100.
Eliminating, etc., increase $11,632,
500.
Aggregate reserve on deposit de-
crease, s. ,0S6, 200. 'fts
Percentage of legal reserve. 1890.
Specie decrease, $11,54S,10O.
Deposits decrease $11,6S6.7OO.
Reserve decrease, &lS5,750.
OCirculation increase, $i13,5OO.
Specdecrease, $S07 800.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1909-10-02
STOCKS

Boston, Mass. oct. This morn
ing's news sheets were fun of bull
points ON copper shares of "A certain
group and a better tone existed i'm the
market with Osccola again the promi-
nent feature but with marked strength
in western stocks also.
Notwithstanding the poor copper
statistics the outlook is favorable for
next week as sentiment has improved
materially and demand is increasing.
Irving j. Sturgis.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1909-10-02

and the stock came back easily to it,
previous level
Cumberland Ely looks the best Of
the owpriced coppers.
This Lake Copper acted well yes
terday. Buying was extremely high
class. although there was no news
from the property to account for ii.
The domestic demand for the metal
is the encouraging factor in the situa-
ton. The most aggressive pessimistic
are the domestic agents Of foreign con-
sumers-J. A. Minnear q Co.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1909-10-02
UNLISTED STOCKS.

j. a. Minnear & Co. say today:
Fred oHar. superintendent of the L.
5. ~ a., reported to directors of the
company last night i'm which he stated
there was absolutely no question but
that ssulphides i'm large quantitie
would be encountered in the Holt
shaft. He stated that this important
development could be expected in a
few weeks. A director of the COM
pany said today it would be premature
To make any statement on the new
financial plans, but did not deny there
was foundation to the reports current.
The curbs were active all day with
Greene Cannanea and Santa Rosalia
the features. There was good buying
i'm Superior q Gloge and Arizona IL
Michigan around IS cents, and at these
prices the stocks look highly attract
i've. Ely Central looks good at pres
Cnt prices and we are told to but il for
a substantial advance. The Boston
market was quite active for the short
session with prices fractionally high
err Allouez continues in good de-
mand. Osceola sold for $160. The ac-
ITCHY of today promises to continue
next week. steel Common was again
the New York feature.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1909-10-02
Mining News
Paine, Webber & Co.'S Weekly Copper Letter
Facts Of Interest Concerning Properties of
Merit, Prospects for Future and Metal
Market Conditions

Leadership is thing most needed
now to bring about most substantial
advance in the market for copper, tho
metal, and for copper shares. The
conditions are right for a decided bull
campaign i'm the Boston market and
the right sort of leadership could con-
sumate brilliant financial coup III
coppers with the proper backing and
the support of the public. For the past
seven months we have noted, regularly
an improved general business condition
throughout the nation and throughout
the world. The advance has been
steady but none the less apparent. II
has been reflected or preceded by an
advance i'm the general line OF indus
trial securities i'm marketable values,
i'm the railroad stocks and most particu-
larry in the market price of United
States steel, common and preferred.
To those who insisted all the way along
th"t the New York advance has been
brought about by clever reason to
doubt that much of the advance has
been brought about by clever market
tactics, but the basic facts remain UNI
questioned that the manipulators have
been backed up by such a pronounced
betterment i'm all business lines that 1t
rests upon a substantial foundation.
The present price of the steel stocks
but reflects the fact that the steel bust
ness has again reached normal condi-
tippg Tho partfnular iptaraGf attached
to the Steel common stock i'm that the
earnings of the big corporation are now
in such shape that the common stock
is likely to profit most materially be-
cause of enormous OUTLAWS made by the
corporation during the past five years,
OUTLAWS which were financed and pro-
Vided for before the panic and which
are now placing the corporation in po-
sltlon to handle a greater bulk of BUSH
ness than ever before with greater
economy in operation. 1t is Gasp to
realize that the steel business is again
normal when the price of iron is con-
suited or when a quiet investigation as
TO the demands for iron is made.
In regard to the copper situation and
the copper share situation, the present
price of the metal continues unfortu-
nately low and there seems to be one
worry in the minds of all interested in
copper shares and that is the accumu-
iated surplus of the metal, which sur
plus' instead OF declining rapidly as
business picks up, seems to be more
ana more embarrassing to the produce
ing interests. However. there is but
one way to judge of the future and that
is by the past. In the past copper has
always followed steel and iron, whether
inc course has been upwards or down.
ana by all the rules of precedence in
business conditions. II Is we'll known
mat domestic consumers of the metal
loiioWlng course pursued when the
stump In the metal was most pronounc-
Gu nave never made any large advance
purchases of copper and do not carry
any surplus stocks on hand but rather
ioiiowing the policy of buying from
""hu 10 mouth as their contracts call
lor the red metal. They have found
themselves in satisfactory positions for
'nree years now with this same bust
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1909-10-02

bring these interests into a closer
friendship with view to operating the
proper les more economically. In adj
dition II is said that negotiations are
also under way whereby the mining
interests OF both the Cole Ryan and
Phelps Dodge parties in the Burro
Mountain district will be brought into
a closer working agreement In the
event OF this deal beins successful a
large concentrating and smelling
plant will be constructed.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1909-10-02

company is more than a million ahead
of the game, due to 100000 ash in
the treasury and 100000 cash due
from the Steptoc Smelter for proceeds
from ore, also the statements that the
big Veteran shaft was in danger of
crumbling have been denied.--J. A.
Minnear a. Go.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1909-10-02

Chamberlalns Cough Remedy has
become famous FOR its cures OF coughs
colds. Group and influenza. Try II when
IN need. II contains no harmful sub
stance and always gives prompt relief
sold by Eagle Drug store. Calumet
and Iaurium pharmacy, Lawium.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1909-10-02
SHAKE INTO YOUR SHOES

Aliens Foot-Ease, powder. II cures painful,
smartng, nervous feet and ingrowing nails, and in
stanty akcs the sting out 81 cOrns and bunons It's
the greatest comfort discovery OF the age Aliens
Foot Ease makes tight new shoes feel easy IL IL
a certain cure for sweatng callous, swollen, tired.
aching feet Try II to-day. Sold by all Druggists
aud Shoe stores. BY mail for CSC. In stalnps.
Don't accept any subsfifuie. Trial package Fkkk
Address Alien 4. Olmsted, lie Roy. N. \.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1909-10-02

Champion. 2.4s6.OOO increase AZ
600: Baltic 100000 pounds increase,
$685. 600: Trimountain. 72S.O00 increase
1000 pounds. These compare with
previous years.
The report that deal whereby the
Mexican Mining properties controlled
ny the Phelps Dodge company and
by the Cole Ryan interests have been
consolidated is declared to be prema-
ture. II is said that the relationship
between the two interests In the
southwest have always been friendly
and that there are negotiations now
u~der way which may eventually
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1909-10-02
PAINE, WEBER &. co.'s GOSSIP

September mine outputs are: Mo-
hawk. 100000 pounds. an increase of
129.700 pounds compared with the
output for the same month last year.
The August output was 100000
pounds the Wolverine output FOR
September was i,O1770O pounds, a de-
crease of 1000 pounds from the output
of the same month last year. The
August output was l,S46,000 pounds.
The shannon output for September
is 1.562O0O pounds Of fine copper, an
increase of 162. 600 pounds from
September last year.
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1909-10-02
GOSSIP OF THE coPPsRs.

Teh weak interests in Cumberland.
Ely sem to have been well scared out
The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1909-10-02

Boston, Oct. Slowly but surely
the local market is getting i'm step
with the advance in New York. Diff
ferent specialties are being taken i'm
hand and we are told next week the
coppers will be boiling. Osceola sold
at 100 on the best kind of buying and
Allouez is being picked up around 81.
Important news on Greene Cananea
is coming out within a few days and
the stock is being well bought i'm anti
cipation of it. Butte Coalition is
scarce advancing half "A point between
sales. A great deal of bcarlsh talk is
being made about the vast accumula-
ton of copper but we believe that the
consumption at present is equal If not
greater than the production and that II
will be only a short time before this
surplus of copper is financed and tho
price of the metal advanced.-Pane,
Wcbber & Co.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-02-27
VAN LAWS BILL.

Senator Van Law Is gaining exper-
fence in public affairs which will make
him an aged statesman at the end of
his first term in an Iowa Legislature.
He has introduced a bill which seeks
to enact common sense into aaw but
because it might disclose the facts as
to public service corporations his bill
has been unceremoniously kicked out
Of a committee by the adverse votes
of such noble public servants as SEN
ators Saunders, Gilliland and Stuck
schlager.
Van Law argues with seeming plaus-
Utility that the present statutes give
city councils the right to regulate rates
to be charged by public utility COM
panies and that court decisions make 1t
obligatory that rates so fixed by city
councils shall be reasonable in their
effect upon the profits of the corpora
tons, from which he concludes that
these city councils ought to have the
right to investigate the books of such
corporation so as to be Informed as
to what rate would be reasonable. At
present city councils have to guess at
rates, adopt them by ordinance know
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-02-27

ing that they will be enioined by the
companies and then hire q lawyer to
oDtain an order of court to produce the
books which ought to have been shown
to the council before the rate was
fixed
corporation attorneys. of course, OPP
posed Van Laws bill saying that city
councils are Interested parties and
should not be given power to fix rates
that this function should be performed
by a disintereSted state commission.
Their entire objection was raised TO
tho principle in the present law giving
city councils jurisdiction over rates
while Van Law sought only to give
city councils access to information in
fixing rates under the power now given
by law that they might fix reasonable
rates at the start. However, the OBJ
jections of the corporation attorneys
found friends on the committee enough
to kill the bill.
Van Law expects to receive better
hearing on the floor of the senate but,
them this Is Van Laws first term in
the legislature. His bill is fair enough
and is logical complement to present
law but logic does not always control
the votes of legislature. These cor
poration attorneys are admitting in
their opposition that the books OF pub
tic utility companies would disclose
earnings which would cause city coun-
ellis to make further reductions in rates
or else. there would be no cause for
objecting at all. The law now protects
the companies from unreasonable rates
and it would still protect them under
Van Laws bill Van Law seeks to show
the books before the rate is fixed rather
than in court when the rate is enjoined
He argues that the city council is no
more competent to pass on the rea-
than Is district court and that If the
court is entitled to the books so should
the council be- But Van Law is serv-
ing his first term in a legislature
When he comes home he will be able
to catalog the different kinds of pub
lie servants.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-02-27

brick houses that are used chiefly as
tenements for two or more families.
The church possesses practically no
big barrack tenements like those lining
the lower East Side streets. Its tum-
BILE down houses in Hudson, Varick,
Canal and many other streets west of
Broadway are ill-htted for tenement
occupancy and have no modern con-
veniences. They are always occupied,
however. for two reasons Trinity Is a
cheap landlord and the houses possess
more light and air than barracks, even
II lacking In sanitary comforts.
AS long as these houses did not
come within the tenement laws and
sanitary crusades were not embarrass-
ing the property brought in a fair rev.
enue to the church. But now the
amended tenement house law covers
most of the old dwellings. more repairs
are constantly needed, alterations. and
sanitary improvements are forced by
law with the result that the net in
come has fallen to very low figures
The recent public report made by the
vestry shows that even including prof
table business property Trinity is net
ting only about 2a per cent from its
vast landed estate.
There is difference Of opinion among
the vestrymen whether Trinity should
involve itself ins debt in order to make
commercial improvements. 1t has en-
tered a little way on this course and
has borrowed 100000 for business i'm
provements already.
But most of the vestrymep are ultra
conservative and express themselves as
not favoring piling up an Indebtedness,
even tho it would serve to increase the
revenue in the long run.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-02-27
THE JONATHAN APPLE.
TFairfield Ledger1

There Is tradition, and 1T has a very
good foundation, in the Hoskins family
of this county that the Jonathan, the
greatest and best of American apples,
was first propagated in Iowa, and that
1t took its name from Jonathan Hos
kins. a brother of the late Moses Hos
ktns and great uncle Of members of
this large family now living here. Mr..
Hoskin came to Iowa about 1885 and
located near Salem, Henry county.
Like most thrifty pioneers he planted
a Seeding orchard. and one of its fruits
was a fine large juicy, highly favored
red apple which the family knew as
the Uncle Jonathan. Older members of
the family remember how visitors to
the Henry county relative brought
home with them this peculiarly de-
licious fruit 1t has been propagated
and grown by the Hoskins family OF
this county ever since. The Ledger
has never heard the history of this
apple, and it is possible that the tradi-
ton of the Hoskins family may be
founded in fact If it is, Jonathan Hos
kins, the pioneer Friend, accomplished
a greater work than the man who
builded city" for such fruit as the
Jonathan apple is one Of natures
choicest gifts.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-02-27
Topics of the Times.

The legislature is reported as apa-
thetic on road bills. When the public
mind gets the proper understanding of
the need and advantage of better
roads the apathetic legislator Will fall
a pathetic finish.
Thousands of the older politicians OF
Iowa will note the condition of Gilbert
B. Pray with deep regret. Glib" Pray
was one of the most successful state
chairmen of the republican party OF
Iowa.
If the legislature would pass some
sort of law to guarantee deposit IN
every bank to every individual, 1T
might adjourn and go home in abso-
lutte confidence that it would be unan-
imously reelected
President Taft will have to skimp
along on $4,000 year. However. he
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-02-27
THE cou. Gil BLUFFS INDUSTRY.

| The revelation of the successful OPP
erations of a swindling syndicate al
council Bluffs and the prominence So
cial and financial of the dupes it vic
| timized is astonishing Iowa newspa per
readers. To the average man thieves
combination, that has no trouble in
separating the men whom ordinary
persons have been habituated to look
up to as extremely wise guys" from
$500 or so apiece with ease, expedi-
ton and comparative safety, will be
regarded as particularly successful in
its way and under shrewd management
The gang at Council Bluffs seems to
have made few mistakes in its men.
II selected the victim and quietly pro-
ceeded to take it away from him.
1t is hard to arouse much sympathy
for the financiers who suffered at the
hands of this syndicate They deserved
to lose their money. Each Of them was
blinded by the thought that he was
helping to rob some other man. He
was simply a bunko steerer being
steerd and hadn't sense enough to
know it. He deserved to lose because
he believed he. was a crook among
crooks, a confidence man among con-
fidence men.
The point is that the syndicate
didn't deserve the loot and that 1t
should be taken away and the mem
bers of this skillful organization sent
where their energies may be directed
toward the public good, or at least
their activities be limited to the ex-
tent that the fool and his money may
be parted without their assistance. The
thing to do is to round up the gang and
send them to the penitentiary They
deserve so much. Their victims de-
serve nothing but the contempt that
comes to all who go out to shear and
return fleeceless.
The story however, carries its moral
for other cities to heed. Council Bluffs
has garnered revenue from gamblers
for many years. 1t is peculiar that the
diamond thieving gang rounded up and
sent to prison some time ago was in
timately connected with Council
Bluffs; that when criminals of this ana
the confidence type are sought the trail
runs to earth at Council Bluffs. The
moral is that when crime is sold priv
ileges it demands something for Its
money. It is always willing to pay for
being let alone, but it wants what 1t
paws for and as it gets immunity and
protection its devotees increase In
numbers to the degeneration of the
community and the danger to fools and
innocent. The moral is that when a
CITY condones crime and vice for a
price it costs her more to protect than
vice pays for protection,
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-02-27
THE LODGES.
MASONIC NOTICES.


E2HVisitors always welcome.
VNHall over 1857 West Main.
MARSHALL LODGE 1OS A. n. s. A.
M.--Work on first degree Friday even
ing, Feb. 90. H. G. Hoeck. w. M.
Hs S. Lawrence, Secy.
SIGNET CHAPTER No. 3s, r. A. M.
Special convocation, Saturday Feb.
q, 1880. Work in the P. M. and M.
x. M. degrees.
G. H. Boggie, H. P.
l. S. Willard, Secy.
KING SOLOMON COUNCIL Stated
assembly of King Colomon Council No.
20 r. IS. NJ, Monday, March ~. for
work.
A. D. Meeker, r. I. M.
I. T. Forbes, Req
ST. ALDEMAR COMMANDRY No.
80. K. T.-Stated conclave Tuesday.
March 20, 1880.
F. NJ Wilbur. E. c.
F. Wallace, Rec.
+ CENTRAL CHAPTER No. 81, o. e.
s.-Regular meeting Wednesday, March
II, 1880.
Mrs. Geo. Downing, W. NJ.
Edna C. Fularton, Secy.
Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1909-02-27
Chiropractic Institute
MARsHALLToWN, IA,
Corner Third and State Street.
DISEASES. NO KNIFE.
CONSULTATION FREE.
German and EnsIish)
Notice Of Incorporate

1. Notice is hereby given that a
corporation has been organized under
the provisions Of chapter IS, of the
acts Of the Twenty -sfxth general as
sembly and chapter So. acts of the
9'wenty-eight general assembly of the
state of Iowa. That the name OF the
corporation is the Marshalltown Saw
ings and Loan Association and its
place Of business ,MarshalItown, Mar
shall county, Iowa.
g. The general nature of the bust
ness to be transacted Is Of a domestic
local building and loan association
and being in general the issuing OF
shares of the capital stock to subscrib-
ers and the loaning of the funds to the
members thereof.
8. The capital stock Of the corpo-
ration is $250,ooO, divided into $500
shares of 500 each, and paid thereto
by the holders in monthly install
ments of fifty cents (50c) each.
4. The existence Of the corporation
began on the 18th day of December,
1908, and will terminate on the 18th
day of December, 1923, with right of
renewal and succession.
s. The affairs of the corporation
shall be conducted by a board of fifteen
directors without remuneration, five OF
whom shall be elected annually, by
ballot by the stockholders, which cleo
ton shall be held at the office Of the
corporation on the 3rd Monday of JAM
uary each year.
g. The officers of the corporation
are president. vice president, secre-
tary, and treasurer, who shall be an
nually elected by the board Of direc-
tors.
Z. Until the first annual meeting Of
the corporation the following named
persons shall constitute it's board Of
directors and its officers: w. w. Doc
little, James j. Fitzpatrick. Thomas
Stotts, W. H. Mathews, j. I. Armour,
q. L. Williams, c. F. Schmidt, w. G.
Kane, E. P. Miller, Fred Hopkins, B. F.
Cummings. w. C. Payne, p. L. Hayz-
lett, directors; George Whitton, presi-
dent; W. w. Doolittle, vice president;
P. L. Hayzlett, secretary; F.. p. Mil
Ter, treasurer.
8. The highest amount Of 1ndebt-
edness to which this corporation is at
any time to subject itself shall not ex-
coed sum equal to the amount OF the
expenditures and expenses for man
aSemenu ana COnQuCllHS the affairs OF
said corporation.
9. No person shall at any time own
more than fifty shares of said capital
stock or vote more than 100 shares.
nor more than 10 per cent of the OUT
standing shares at the time Of a stock
holders election.
10. Shares of the capital stock may
be transferred.
II. Any member may withdraw from
the association or withdraw a part Of
the shares OF stock held, on giving SIX
ty days notice to the secretary. and
shall be entitled to receive the amount
paid into the association, on such
stock, together with such proportions
of the profits credited to such stock.
12. Borrowing members may pay
up their loans ait any time.
49, The private property Of the
stockholders Of the corporation shall
be exempt from corporate debts and
from any and all liabilities.
GEORGE WH1TTON,
President.
4zs q P. L HAYzLhTT,
] 81 secretary.