davidaulloa/AmericanStories huggingface dataset:
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-02-04
PRODUCE.
CHICAGO.

Chicago. Feb 4-What rallied in tho
first hour after a weak start and reCoV-
cred decline which at the outset was
generally from u to "a. Shipping condl-
tIons favorable to increased arrivals and
foreign cables telling of slight declines
in Liverpool wheat prices gave nmmunl-
ton to the bears at the outset Infiu-
entail buying based on tho present mod
crate stocks of grain changed the de-
cline to an upward trend which carried
prices back TO about yesterdays clos
ing level, where the figures steadled, May
opened at l.09is TO ! 10 and much of tho
trading was In the neighborhood of 1.l09S
Generous accumulation of stocks to-
gethcr with a sluggish demand for cash
corn gave a bearish tnge to the corn
pit. Opening figures were from Il higher
to u lower. May showing the only initial
1rmness and losing Its lead In tho first
hour. Fluctuations were within narrow
higher at es3i to 66A and declining to a
resting place ut about CO.'S.
Trade In oats was practically feature
less. opening ngures being from a shade
May were unchanged TO shade lower
at i5& to i6 M6&.
Increased receipts, of live hogs at tho
packing ccnters and lower prices for the
animals caused decfine In the pro-
visions pit. Little activity was display
ed and trading was within narrow linz
its; Opening prices for May were: Pork.
2lsoh 2hc, lower. lard a. 7I.c. low
er: ribs. II .571s. 7l5c. lowor than yester-
days closing fiEuros.
Wheat-The early rally carried May
prices up TO LOS a Y and later a de-
cline set In May fell of to 1.0oIs n a
and other futures dragged less heavily.
The close was weak at nearly the low
point of the day, with May at .09H65s,
4 pl lower than yesterdays Anal ng-
urcs.
Corn-Later in the day the market
saGged under poor demand. The de.
cline was from Il to Is The close was
weak at the low points with Nav nj "a
d66Is. say lower than the Hnal nguro
yesterday
Close-Wheat-Fcb.. l.1k: May. l .osH
a u July. 1.OOM: Sept. %
Corn-Feb-, ss% May haGM; July.
66A; Sept, &A.
oats-May i654 July i5ls; Sept. 4oM.
Pork-May. 81 20: July n 6TH
Lard-May. II. SAL. .Mls july. IL s2x
Ribs-May l1.S1s a II .s2h; July, IL 81
Rye-Cash 81; May. 50.
Barley-Cash. 639
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-02-04
CRIPPLE CREEK GAINING.
Shows Good Increase in Output Over
Last Year.
Especial to Tho News)

Especial to Tho News)
Colorado Springs. Feb. 4.-The Cripple
Creek district. during the year 1909.
maintained its reputation as tho
worlds greatest gold mining camp"
with a production OF 734 Sig tons of a
gross bullion value of S15.s50, ,1l3.es. This
brings the total production of the camp
since its discovery in 1891 well past the
quarter of "a billion dollar mark. Com
pared TO the production for 1908, as cs-
timated by the state bureau of mines,
1909 shows an increase OF s2.S1S1e7. The
average value of all ores subjected to
treatment WAS S2l46,
During the year dividends of record
amounting to 81. 100 .531 06 were paid by
u companies as against nine in 1903.
In addition to dividends of record, prof
its of the close corporations were be-
tween s50O.000 and s7S0.O00 while tho
profits of the leasing companies approx
mate 81 .00o. coo. Between 1900 and 3. 800
miners we're continuously employed. the
pay roll for the year being $4,000. 900.
The main features Of the year were
the extension of leasing operations, the
steady progress OF the deep drainage
tunnel rich strikes on the lower levels
indicating future possibilities of deer
mining, and the discovery and adoption
OF methods for the treatment of low
grade ores, with the consequent in.
crease in tho activity of mills within
the district.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-02-04
BINGHAM ANAL LGAMATEO
GOES TO JOHNSON

The Bingham Amalgamated Copper
company of Bingham has just closed
an agreement with M, NJ. Johnson by
which the company sells to him 100000
shares of the treasury stock for S100, ,00O
payment to be made as follows-S2 500
on March l, 1910, and not less than
$1,000 each month thereafter until the
full payment is made
Under the terms of the contract all
this money received by the company or
as much as may be necessary Is to be
expended in the development OF the
property under the direction, however
Of Mr.. Johnson himself as directing en-
gineer In addition to the 300,G0O shares
acquired by him in this DEAL the board
of directors of the company guarantee
to transfer to him part of their own
stock at 40 cents per share. such stock
to he taken up by him on or before one
year from the date of the contract.
In case of q failure on Mr.. Johnson's
part to make any one OF the monthly
payments of $500. both contracts are
null and void.
Mr.. johnson also has the option to
close up the deal for the treasury stock
at any time he may see Mt, prior to
the expiration OF the contract, In which
event he also has the option OF at oncc
calling on tho board of directors for
the number of shares agreed to be sold
to him
The stockholders now on record are to
have the same privilege that the board
of directors enjoys. and may turn In 20
por cent of their stock to be bought by
Mr.. Johnson ut 10 cents per share IL
they so desire.
When the deal is consummated, 1t
Will give control OF the property to MT
Johnson. AS most people well Informed
on the mining situation IN Bingham
| know, the Bingham Amalgamated ad-
| Joins the Fortuna. the Ohio Copper and
| the Utah Copper. and Is the only large
| group of mines which has not been
acquired by the big mining concerns
| which control the Bingham camp
| The men who have so long controlled
the Bingham Amalgamated. feel that n
new era has arrived in the history Of
| their company. No one Is better aware
| than Mr.. Johnson, from his long asso-
| ciation with the Bingham properties,
| and his position as consulting enci-
neer of the Newhousc interests, of tho
high favor In which Bingham canyon is
| regarded. not only in New York and
Boston. but in the old world With the
future conduct OF the property in hts
| hands, the owners arc congratulating
themselves that the prospects of the
| Bingham Amalganlated arc now fuller
OF promise than they have been for
many n long day past
II has long been the opinion OF those
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-02-04
sLowEsr MARKET OF YEAR.
Business Is Less Than Many Brokers
Had in Day a Year Ago.

Real slumber struck the local stock
exchange this morning and the volume
OF business went lower than ever.
There was not us much business
transacted during the morning session
as many brokers have had in one day
a year ago Most of the stocks wero
listless and weak. The usual vim and
vigor OF the market was lacking and
trading was at the point of dullness.
Colorado was down to 76 cents this
morning and Columbus Consolidated
sold at the same price. Crown Point
which had a little furry yesterday
on account of the announcement that
the property was shortly to begin op-
erations. was down today and sold as
low as TX cents Iron Blossom was
uneasy and fluttered around 81 to Sc
cents. Lower Mammoth sold at Az
cents which Is the lowest In some time
There was considerable trading in
Uncle Sam with but little change in
price.
The total number of shares of stock
that changed hands this morning was
25,24S, while the amount represented
by the transactions was $7,256.17
On the curb market the trading was
In keeping with other stocks. Federal
Ely sold at 9 cents for 1000 shares.
This is big drop as tho stock OF late
has been selling from 13 to 16 cents.
Ono thousand shares OF Demijohn sold
at 5A cents and 1000 shares OF Green
horn sold at ~ cents.
TODAY'S QUOTATIONS.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-02-04
MINING, BUSINESS AND STOCKS.
CONSOLIDATED P|OCHE
HOLDS FIRST MEETING
All but One Director Present, but No
Business Was Transnctcd-Wii
Increase Operations Soon-

According to notice received in
Salt Lake City today by Ernest j..
Godbe. the first meeting of the d.
rectors OF the Consolidated Phoebe
Mines company was held In New York
on Jan. 81 The notice comes from
former Attorney General John w.
Griggs. one of the directors of the
new company The meeting was strict
" formal and was for the purpose or
discussing the organization of the COM
pany.
Mr.. Godbe was the only one of the
directors not present at the meeting
The other directors are John W.
Griggs. George E. Learnard Anthony
H. Godbe and Warren H. Akers
AS the company has been incorpor-
ated under the laws of New Jersey
work Will be pushed with greater vigor
at Ploche The consolidated company
takes over the property OF the Ohio
Kentucky and Nevada Utah. Although
work has been going on for some time
Mt the property the organization was
not formed. the terms of consolidation
having only been agreed upon. AS soon
as transportation conditions are
Strengthened out at Phoebe tho COM
pany will go ahead with some large
development work.
In the No. shaft some fine galena
ore has been struck and according to
the latest reports from the camp is
opening up In splendid shape. 1t Is
declared that as soon az the mine Is
placed in shape for shipping 500 tons of
good ore can be sent out each day.
A. H. Godbe has been In New York
arranging the details OF the organlSa-
ton and Is probably on his way home
nv this time
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-02-04
BLooDED STOCK FOR UTAH.
Carloads of Pedigree Holstclns Shipped
To Fillmore and Other Points.

Southern Utah Is stepping to the
front with It's dairy interests, a few
days ago n carload of 30 highgrade
registered Holstcln cattle reached
Fillmore and has been distributed to
various ranches down there. The cat
tie came from New York. and cost
from $3.50 to $3.50 each. The young
ones. yearlings, weigh from 600 TO 800
pounds each; one two-year bull
weighs 1.S00 pounds. Another car
load will be shipped In there this
spring, half of which Will go on the
other side of the mountains. to ]. w.
Kelley at Marysyale.
Verne Bartholomew of Fillmore last
fall received q fine young bull from
Courtland, New York. This cost him
$3.50 He liked 1t so well he sent for
five young helfers. at a cost of $1,000.
Others went in with him and made up
a carload. Now another carload is
about to be sent for.
These animals are from the Star
farm herd where they have 250 to 800
head of registered Holsteins. Among
them Is the celebrated old fellow "Mor-
cedes Jullp." imported direct from Hol-
land. which when In full flesh tips the
scales at 5000 pounds-a ton and u
half. There is also Plertertige 2sS30.
valued at $4,000. the highest priced
bull In America. He weighs $500
pounds Then there is Count" an
other that cost the farm $4,000.
Horace L. Bronson, proprietor of
the Star Farm herd at Courtland. s
registered at the Kenyon. This is his
first trip 10 Utah. and he is delighted
with the climate and the country He
has been Mt the Kenyon several days.
during which time he has been in con-
sultatlon with a number OF people of
tho state prominent in the stock In
dustry. This afternoon he Will pay a
return call on Governor Spry. Mr..
Bronson has been IN the fine stock
business for over 90 years.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-02-04
LIVE STOCK.
OMAHA.

Omaha. Feb. 4-Cattle-Receipts. 200;
market 10c. lower. Native steers. 4.Oo@
500; cows and heifers, 3.0o95 10; west
ern steers, 325@6eo; COWS and helfers,
and feeders. 2,S0@5.sO calves. 4.ooas 90 /.
bulls and stags. 3,0oa5.0
Hogs-Receipts. $500; market 106 15c.
lower: Heavy. S.2Sas. 10; mixed. S.0P
S.26; light. S.1o@S. %: pigs. 7oO@775; bulk
shecp-Receipts. 2.ao: market loc.
lower Yearlings, 6. e147.60: wethers. 8. .25
@s.Ss; owes. 5.0Na6.OO lambs. 7.76@S75.
KANSAS CITY.
Kansas city, Feb. 4.-Cattle- e-Receipts.
5000; market steady to 1Oc- lower Native
steers. 4.9O@7.1O; cows and heIfers. 5000
600; stockers and feeders. 2595. 25
bulls, S5o@6 10. calves, 400@S75; west
ern steers. 4.S0@s.oo; western cows. 800
@50o.
Hogs-Reocipts. 1000: market 1oc. low
er. Bulk of sales, s.2pgS. IS. heavy, s. 100
$50. packers and butchers. S.5oaS.i
light. S.o9@S,$5; pigs. e.7S@7,7S.
Sheep-Recelpts, 5000; market weak.
Muttons. l75@e.oO; lambs. 6. 6.75@S.SO. fed
wethers. western and yearlings. 5000
7.7o; fed western ewes. 4.5oq5.55-
CHICAGO.
Chicago Feb. 4.-Cattle-Reoeipts. es-
timated at 1900; market 1Gg15c. lower,
Beeves. 4.2o@7.e0: Texas steers. 9.So@4s5:
western steers. 4.oo@5.S5; stockcrs and
feeders, 3.OOa5 35; cows and hclfers. 2,1O
@6 60. calves. 100000,
Hogs-Receipts, estimated at $4,000:
market 1Oc. lowcr. Light, S.506s,55; mix
ed. s,16@S.57ls; heavy, S,l5@S.57k ;
rough, S. O9S.G0; good to choice heavy.
s.3S @S.sO; pigs. 7.00aS.6, bulk of sales.
S.40@S.55.
Shcep-Receipts. estimated at 1O.OOO;
market weak Native. 4.25@6.6o: western.
1886 40: yearllrGs. 7l0@S.15; lambs. na-
tive, 6.5OaS.6o; western. 6.50@S.e5.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-02-04
CONCENTRATES.

Harry A. Lee. n well known mining
engineer. returned from New York this
morning, where he has been on bust
ness.
The mill recently constructed by the
Rex Mines company at Gold Circle
was started on Feb l. Figures on re-
suits have not as yet been obtained
Murray Z King. president of the
Silver Island Coalition Mines COM
pany expects to leave today for the
mine to look over recent developments
there.
A test run OF the mill of the Uteland
Mining company. in Uintah county. Will
be made shortly. The mine is seven
miles below Ouray. The mill will use
a teaching process on It's low grade
copper ores.
The opening OF the Crown Point
shaft on Colorado ground 1t is believed
VIII be done for the purpose of opening
up the Great Eastern vein which par
allels the Colorado vein. This is about
500 feet west OF the shaft.
James a. George. an operator from
the mining camp of Lodi, is In the city
from that place. The Lodi smelter for
the Illinois mines he declares will be
started up In the spring. II has been
pronounced by experts to be the most
perfect small plant in the country.
1t is declared there Is change in
the formation In the drift in the New
York Bonanza property at Park City
that is indicative of the presence of an
ore body and it Is believed that at
most any time the ore will be struck
In the drift off the 1000 foot level.
There is considerable activity In Amer
lean Fork In spite of the heavy SHOWS
and cold weather that has been had
this winter The Dutchman. Miller,
Mountain Dell, Mary Ellen. Whirlwlnd,
Texan. Miller Hill. Major Evans, Camp
Bird and several others have been ac-
tive all winter. DR.. Holden has been
operating the Dutchman The Noun
tain Dell is taking out ore and LOCO
sacks were recently sent to the mine.
The Pacific has been closed since the
death of Superintendent Sommeryille,
but will start up shortly.
Michael l. Powers, according to
statement made by his agent A Max
we'll intends to start trouble for the
Eureka City Mining company and the
Chief Consolidated company. Powers
asserts that the Dlablo. Aquarious
and Greenback claims recently ac-
quired by the companies and which are
within the city limits of Eureka, were
transferred without a REIMBURSEMENT OF
his rights In them. He asserts that in
the early SOS he worked the claims and
applied for patent. He says he was
turned down on the charge that the
lands were agricultural and not min
eral
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-02-04
BUYING ORDERS
SENT UP PRICES

Now York, Feb. "A rush of buying
orders at the opening today carried
prices of stocks comprehcnsIvely up
ward. The rise in Americans In tho
London market alarmed tho uncovered
shorts here and they bought heavily.
Central Leather started . points higher
than last night. Great Northern pre-
ferrcd / u, American Smelling and Pa
clnc Mail ss and Union Pacific. South
ern P1cinc, Northern Pacific. Reading,
Rock Island New York Central, Emo
first preferred. Chicago & Alton, Atchi-
son and United States Rubber l. Ma
tIonal Biscuit sold at a decline OF ,.
The opening rise invited heavy sell
Ing under which the advances were
wiped out and most of the leading
stocks were driven below yesterday
final prices The pressure was especially
the Hawley stocks. American Smelling
broke from S3% to sos placing II on
level with yesterdays low figure and
ia below last night. Chesapeake & Ohio
dropped 1 * below yesterdays final prico
and Toledo. st. Louis & western pre-
ferred ~. Other notable losses werc
National Biscuit Z, Westinghouse E;lec-
tric 2Rs Tennessee Copper 2 Great
Northern Orc Certificates IL. Colorado
& Southern first preferred Ia and Anal
gomated Copper and American Car l.
Supporting orders checked the break and
there was rally OF points In Ameri-
can Smelling and point or moro In
a number of other stocks. Delaware Sc
Hudson jumped 3 points and Federal
Mining preferred ga.
The opening rise Invited heavy selling
under which the advances were wiped
out and most OF the leading stocks
were driven below yesterdays iinal
prices. The pressure Was especially Sc
we're against American Smelling and tho
prices rose again, few stocks showing
buoyant tone. a oh-point rise In
Hooking Coal was feature. Rock Is
land rose IN, Great Northern preferred
2iA.s Northern Pacific and United Rail-
ways and Investment preferred 2Ss.
Pullman 2Ik. Distillers' Securities and
Norfolk & Western ~, Reading ia
and American Cotton OIL IL Mnneap-
oils & st. Louis fell .. Iowa Central
Bonds were irregular
Tho metal stocks were bought freely
for an Interval after midday. United
States Steel going up !. Amalgamatcd
In general was quiet and there was lit
tie Interest manifest in the railroad
leaders but prices held well. Consoli-
dated Gas rose 2 and st Louis & San
Francisco second preferred ia.
Stocks stopped rising after Chesapeake
x Ohio had gained a point and there
was subsequent reaction which wiped
out the major portion of the days ad-
vances. American Smelling receded to
19&. 2ls points under last night and
sou1e other stocks got back to near the
lowest Laclede Gas fell 31s and Railway
Steel Spring IA.
Tho market closed strong. The drive
carried American Smelling "a under
yesterday and u. s. Steel and American
Sugar l. Other active speculative stocks
sold at the lowest of the day. Resist
ance was encountered and substantial
rallies followed but left the market dull
The advance was resumed In the final
dealings, Rock Island rising over last
night.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-02-04
ORGANIZE TO TAKE
OVER SCOTT MINES
Rhode Island People Organize Com
pany to Take In All Properties
or Local Corporation.

Stockholders of the Scott lines COM
pany are receiving notices OF the or
ganizatIon of the Providence Mines &
Commercial company. backed by
wealthy Providence. Fl. l. men, whose
propose to take over the affairs of the
Scott Mines company. The new cor
poration, although holding company
of a holding company. Will evidently
do much toward Strengthening out the
affairs of the Scott company. 1t means
that activities will shortly begin on
tho rich holdings of the company In
Arizona and also in Pioche.
The Scott Mines company was or
ganized as a holding company under
the laws of Nevada 1t was capitalized
ut $4,000. 900, with shares at 81. AZ the
annual meeting last fall. after con-
siderable pickering among the Stock
holders A. w. Scott was deposcd as
president and the eastern people Sc
cured control. II is the controlling IN
terests that have formed the new COM
pany.
The Providence Mines e. Commercial
company is capitalized under the laws
of the state ON Maine for Sl,70U.ouo'
with shares at $40 each. OF the stock
issue 10000 shares are preferred and
10000 common. 1t is proposed to take
over the shares of the Scott Mines
company at the rate of 40 shares or
Scott and cents in cash on each share
of Scott transferred for one share OF
the preferred stock of the new organ
izatIon. The preferred stock Is non
assessable and carries with IL
cumulative dividend which shall never
exceed 10 per cent per annum payable
semi-annually. 1t is further stated
that none OF the common stock VIII be
sold at less than par, This makes the
Scott Mines stock worth In the neigh
borhood of "A cents.
Tho officials of the Providence COM
pany are Fred L. Smith. president; Jo-
seph OFT, vice president, Emile Macr-
tens. treasurer and Reno Van Buggen-
houdt, treasurer.
The new organization Will squeeze
the water out OF the stock and put 1t
on a firmer basis. 1t is asserted that
there Is considerable valuable property
held by the organization and that with
the proper management II could be de-
veloped into a strong company
The Scott Mines company owns the
control of the Boston &c Ploche Min
ing company at Ploche. the Rawhlde
Northern Consolidated Mines company
at Rawhide, and the Phoebe Arizona
Copper & Gold Mining company. which
owns the Copper Giant group. four
miles from Bouse, on the Wickenberg
cutoff of the Santa Fe railroad. This
latter piece OF property Is declared to
be one of the richest In the Arizona
camp. A well known engineer In re-
porting on this property said that it
can safely be counted on to yield 20
per cent copper and IS in gold to
the ton.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-02-04
MAY DAY THROUGH QUARTZ.

Drifting through tho quartz on the
LOO foot leyel of the May Day prop
erty has been completed. according 10
the report sent in from the mine this
morning by Supt. C. C. Griggs 1t Is
declared that the drift Is now in Il
more open formation. and that within a
week ore should be reached. The for
nation is much the same as on the
level above and the management is now
confident of getting the ore on this
level which Is the lowest in the mine
Several months ago ore was encount-
cred on the 1000 foot level From ap-
pearances 1t was believed that the drift
was on top of the ore. Working on
this theory the shaft was sent to the
100 foot level and then a drift was
started to get under the ore. 1t now
seems probable that the ore Will be
found on the lower level within few
days.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-02-04
UTAH EXCHANGE IS NO MORE.

c. w. Hartley chief promoter of the
Utah Stock and Mining exchange that
was started in the D. f. Walker build
ing about year ago. says the lease has
been sold for what IT cost the associa-
tion and the money returned on seats
purchased Is almost what WAS paid for
them. There has been sl25 returned
on each $500 scat and this Is now being
distributed. There VIII be little more
money to be distributed on each seat
later on. 1t Is declared. When tho time
came for distributing the money more
than rs per cent OF the amount paid In
was left.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-02-04
CLEVER THIEVERY.

A group of stovedores IN New York
We're lunching In 81 sheltered nook OF
a wharf Ono of them went across the
street for plug of chewing tobacco.
and In his absence another substituted
for his tin of pale coffee and milk his
own tin of milkless black coffee. When
the first stevedore, plug In hand, re-
turned he could hardly believe his eyes
We'll" he said, I've heard of clever
thieves, but to swlpe the milk out of a
feler's coffeo beats the bandl"
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-02-04
TODAY'S MONEY MARKET.

New York. Feb. 4.-Money on call
easy, 2@2% per cent ruling rate 2&:
closing bid 2is; offered at 2 Y Time
loans easier: 60 days y per cent and
90 days 3%; six months per cent.
Close-Prime mercantile paper Az
as per cent
Sterling exchange easy with actual
business In bankers bills at 1870 at
so for so day bills and at 4S6. Is for
demand.
Commercial bills. 4SSH OK.
Bar silver SIX.
Mexican dollars, "A.
Government bonds steady Rail-
road bonds irregular
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-02-04

best posted on Bingham Amalgamated
that all this property needed was com.
petcnt management with the necessary
capital to develop 1t. and now that IL
has gone into the hands of a man like
Mr. Johnson, those interested feel that
In the not distant future. Bingham
Amalgamated win become one of the
great producers of the big camp.