davidaulloa/AmericanStories huggingface dataset:
The citizen. (Honesdale, Pa.) 1908-1914, 1910-10-26
A Feasible Project.

81 believed the object of this COM
pany to be legitimate and notwith-
standing the vicious attacks which
have been made against 1t am not
convinced to the contrary. and today
am of the opinion that 1t could be
successfully carried out. Charles N.
Bennett, a civil engineer of high re-
pute in his profession, whom | sent to
Oregon on my election to the presi-
dency. reported favorably upon it and
within a week passed has reiterated
that opinion, and has stated that II
eastern capital could not be had to
carry the work through local capital
there could be had TO do it. | be-
lieve that the worst blow the stock
holders of this company have re-
ceiyed is the result of unwarranted and
The citizen. (Honesdale, Pa.) 1908-1914, 1910-10-26
Statement Of Fact.

Ordinarily would pay no attention
to the falsehoods that have been ut
tered by an untruthful newspaper, but
it may be that some falr-minded men
have been misled by the way facts
have been distorted, and for this rea-
son, and for this reason alone, de-
sire to make a short statement which
covers my position.
"In December of last year l was Wis
tied in Washington by William L..
Chrisman, Esq, an attorney of Phila'
delphia, and #. L. Smart, who re-
Quested me to become president OF the
The citizen. (Honesdale, Pa.) 1908-1914, 1910-10-26

malicious attacks through the columns
of this hypocritical newspaper
81 never promoted the National Pub
lie Utilities Corporation; was not a
participant In its promotion; never
sold any Of its stock, or solicited any
body to buy any of it's stock. My con-
nection with it was entirely honorable
and straightforward, as l have above
described.
II am informed that about $4,000
in cash (not nearly S2,,000,000 as pub
lished) have been paid to the company
for stock, and to show that l do not
wish to evade any responsibility in
the matter, if any man, relying upon
my being president, or upon my name
being used in connection with this
company during the time l was presi-
dent. presents proof to me that he
purchased any of the stock and paid
cash to the company l will take the
stock from him and give him exactly
what he paid for it in cash.
whatever has been done by this
company as respects the taking over
of any other or subsidiary companies
or enterprises, was before my connec-
tion with 1t, ,and with which l had
nothing to do, but l believe, and had
the right to believe, from the charac-
ter of those who were in control, and
from my investigation, that all had
been properly and legally done.
LAS to Messrs. Bromley and Haines
never heard of them until l be-
came connected with the company and
not until the matter was exploited by
adverse criticism affecting them.
A Successful Company.
Concerning my connection with the
Security Life and Annuity company
with others l sold my stock some
years ago and soon after, at the re-
quest of the company's president, Mr.
w. o. Johnson, of Chicago, again be
came a member of its board of direc
tors and still serve in that capacity
The company is and always has been
eminently successful.
"In view of the scurrilous attacks
believe it to be no more than just tC
myself, as an assurance to the people
of my business integrity and ability
! to say that | am now and have beer
| for twelve years president of the First
National Bank of Charleroi, Pennsyl
vania; l am now and for several year!
have been secretary and treasurer o.
the Charleroi Savings and Trust com
pany, and | have several other bust
ness connections-all prosperous-al
we'll managed, and all have the con
fdence of every one connected or hav
ing to do with them.
81 know that certain interests arr
striving to induce some one to be tn,
tool to issue (for political effecD |
warrant for my arrest. For the prope
condemnation Of such conduct | con
fidently appeal to the sense of fai
play OF the electors Of Pennsylvania
and challenge my detractors to pro
ceed. l court any judicial investiga
ton. for am ready to meet any an
all accusers in court of justice in
stead of trying to answer hidden foe
who are straining every point to aC
complish, for political purposes, m
business and political ruin"
The citizen. (Honesdale, Pa.) 1908-1914, 1910-10-26

Continued on Page Eight.)
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-05-05
WHO CONTROLS THE
OHIO COPPER NOW
Recent Selling Out as Reported
of Insiders Raises an In
teresting Point.

H. would be mighty interesting reading
TO n large number Of western stockhold .
ers OF the Ohio Copper company could a
list of recent purchasers Of this issue
he published. Eastern advjces persist
entity have asserted that tie large sales
during the past few weeks. especially
during the past three or four days. were
due TO the forcing out of the inside IN
terests. Close TO 30 900 shares sold yes
terday in New York. practically el. as
far as can be ascertaIned. being either
stock hold on margins or stock thht mas
been acting as security for loans.
Some one has been picking the stock
up, and 1t Is not altogether the general
public for the general public Is not In
the market and seldom does get IN
when tho various market Issues look
Ike bargains The west believes that
II a roll of stockholders were called,
fewer names would appear but these
few would have the bulk Of the stock re-
Gently thrown on the eastern markets,
OF course this is nothing more than
speculation. II Is possible that more per
share was borrowed on the stock re-
Gently sacrificed than the selling price.
letting the borrower climb back from
the lowest stcr OF the band wagon. Such
things some times happen III high finance.
and IL will be some time before the real
inside is known. but there are several
western stockholders getting In on what
they believe is cheap stock. Orc stated
on Wednesday that he was offsetting
each share purchased With 81 In bank
so that IL all financial plans miscarrN.
and the officials decide TO levy q 81 per
share assessment, he VIII have tho cash
ready. So far there has been no inti-
nation OF an intention 10 levy any as
Scssmcnt.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-05-05
FOREIGN BOND SALES
HELP MARKETS EAST

Paine. Webber & Co. letter, Boston,
For the first time in many days the
feeling was more optimistic. II was stat
ed that negotiations were under way for
placing OF several large bond issues
abroad and this will affect the balance
OF the trade so that gold exports will
cease and We shall be able 10 get all We
want In the fall. Short covering was
responsible for most OF the rise today
and commission house business was light
The market Is commencing 10 have two
SIDES again and the bears have not got
everything their own way but on the
whole. we Still believe in selling stocks
on rallies, think we will ultimately
have lower prices.
Logan * Bryan stock letter New York
The cause az the better feeling today
was the lowering OF foreign exchange
and the reports TO the effect that sew
eral large bond issues would be financed
IN France and thus strengthen the do
nestle monetary situation. Shorts COW
cred freely but the volume OF outside
buying continued small. The market
was unquestionably due for a rally but
the elimination or a large part Of the
short interest can hardly serve 10
strengthen its position and unless invest
ment buying can be stimulated il Is
doubtful whether present recovery will
hold
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-05-05
MINE CONSOLIDATION:
JESSE KNIGHT CONTROLS
Special TO The Tribune.

Speclal 10 ne tribune.
PROVO, May All the mining pros
poets on the hills east of Provo and
south TO SprineVille have been consoli-
dated. and Jesse knight and associates
have secured the control of these proper
ties. The latest properties TO be brought
Into the merger are: The Little CANYON
Mascot Tidal Wave and others III is
the intention Of the promoters OF this
combine to concentrate development work
In the most favorable locality There
has been much prospecting on the face
OF the mountains cast OF here for years
and In some cases good Indications OF
riches have been opened uD. In the
Buckley mine in Rock canyon they have
found silver-lead ore in sufficient ouan-
titles TO ship few car loads 10 the
smelters in Salt Lake valley n is now
firmly believed that a systematic search
through tunnel will result In uncover
ing the great ore bodies that are believed
10 exist in these mountains. The tun-
mel Will probably be driven in the noun
tain about half way between here and
SprinGville. where there are many indi-
cations of mineral In fact the noun
tain Is streaked and scanned with conner
and lead. gold and silver. and has at
tracted the prospector for years but the
minerals have only been found I'm pock.
cts and small seams. Many GLAZING have
been located, worked for time and
abandoned, only to be taken up again
by others. and at the present time the
whole country east OF Provo and as far
south as Springvlle is pretty well located
and In some cases United States patents
have been secured.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-05-05
CENSUS MAN IS
TRAILING MINES
Elaborate List of Questions
Presented to the Companies
of State.
FEW, If ANY, ARE
OVERLOOKED in UTAH
Pedigree of Every Ton of Ore
Wanted, and Very Nearly
Is Secured.

Utah mining organizations are unapt-
mously OF the opinion that tho quality and
quantity OF questions asked individuals by
the census man arc child's play in com
parison with the queries presented 10 the
mining companies in regard TO their af-
fairs, For several weeks special men In
the employ OF the census bureau have
been urging on all mining companies the
Importance and necessity OF preparing
the long and intricate blanks presented.
and while there has been considerable
grumbling on the part OF mining secrc-
tarics ii Is understood that the work is
progressing as smoothly as could have
been expected.
The United States geological survey,
ever since the last census has been keep
ing close tab on ore producers through
out the country, and this bureau has
collected a formidable supply of card In
dcNcS of producers. both big and small
steady and Intermittent, There has been
cooperation between the survey and
the census bureau to the extent OF giving
these cards over TO the census heads. so
II there is a Utah company that has been
missed 1T Is because no one has heard a
word about il for ten years or more.
There arc several ways in which the
geological survey secures lis data.
Throughout the country offices are main
tained for the accumulation az facts and
figures in regard TO mines and mining.
ana every means OF securing informa-
tlon from the SMALLEST country postoftice
10 the daily papers is taken advantage oi,
The system Is pronounced about as near
perfect as could be devised without the
government demanding each year a
sworn statement OF production and other
items in n mining way.
What the government wants to know
now Is the location and quantity Of
ground owned; value of all orc produced
value of bullion. and whether taken from
crude ore or concentrates; how the mine
IS worked, whether by tunnel. shaft or
adltS, and how many feet driven In a
given time; cost and character OF power
used: cost and distance of transporta-
ton TO market; number OF employees
from manager down to errand boy. and a
hundred and ono other facts that are
giving, mining employees lots Of trouble.
hut all have the satisfaction OF knowing
that they are helping In a good and legal
cause.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-05-05
CARDIFF STILL PEGGING
AWAY in RICH ORE

Fred Price. one OF the largest stock
holders In the Cardiff Mining company
returned Wednesday from the property
with some magnificent samples OF the
rich ore now being encountered I'm the
raise. This raise Is sixty y-fivc feet en-
route 10 the contact, where the man
agement expects to find tho real mine
and so far there has been from two and
a half TO three feet OF fine copper and
si1ver-lead ore continually. The manage
ment has taken out over seventy tons
OF 500 rock In pure development work.
no moro ore being extracted than Is abb
solutcly necessary for the shipping sea
sou VIII not arrive until June. Mr.
diff conditions
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-05-05
DAY OF CONFUSED
EMOTIONS ON CHANGE

1t was not easy 10 size up the situation
Wednesday on the local exchange. There
was disposition TO take profits on sew
eral stocks, while there was an evident
anxiety on the part Of the talent lest
one of their number start the ball roll
Ing upward without their getting i'll In
st1nt touch with the movement II is
very interesting market, the condition
OF many mines being at a point where
very big results can be looked for al
any time. and perhaps equally pro-
nounced Is the chance for disappoint-
Ing returns. II is a gamblers market
throughout. During the day. 62.g3S shares
of stock sold the market value being
S24 ,S95.54. The following were the closing
unlisted and listed stock transactions:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-05-05
FORENOON SALES.

FORENOON SALES
Cedar Talisman, e1oo at lac: 1900 at
l2bc: 2n00 at 13ic.
Colorado. 100 at SIC. 1000 at Csc.
East Tintic Development. 1000 ct &c
Iron Blossom, 100 at 81. 500 at 9sc.
Lower Mammoth, 1000 at SEC: 900 at
55c.
Mason Valley. 90 at $3.50.
Ohio Copper. 1900 al 81 30; 100 at 81 921
buyer sixty days; 100 at s1e25.
Sioux Con. 200 at 32hc; 1000 at SIC; 500
at 3l2c: 500 at 30c.
TIntIc Central, 1000 at lie.
Uncle sam. 100 at 35c; 500 at 3sc.
Shares sold 1890.
Selling value. so
OPEN BOARD
Beck Tunnel. 500 at 1o.c
Cedar-Talisman. 5000 at 12lc: $500 at
13c.
Daly-Judee, $50 at s4.o5.
Iron Blossom 100 at 9Tc.
Lower Mammoth. 200 at sac.
Ohio Copper. 500 at 50.
Uncle Sam. 500 at S5c.
Shares Sold $3.50.
Selling value. 5000 90
AFTERNOON SALES.
Cedar-T -Talisman. 500 at 12hc
Colorado, 600 at SIC; 5ss at 6sc
Columbus. 500 at csc.
Crown Point. 500 at 7c
East Tintic Development. 1000 at &c.
Grand Central. 200 at S1.30.
Iron Blossom. 400 at SIC; 300 at CSC.
Lower Mammoth 500 al 6oc; 100 at
5Sc: 200 at soc; 200 at Sic.
Mountain Lake. 1900 at 1Oc
New York. 1000 at 4c.
Ohio Copper. 700 at s1,92i: 4Oo at sl.e5.
Sioux Consolidated. $500 at SOC.
Uncle Sam, 1000 at S5c; 700 al 35lc
Utah Consolidated 1000 at SC.
Shares sold 17l6S.
Selling value. $S335.04
OPEN BOARD.
Cedar Talisman. 1000 at 12bc: 1000 at
15c. buyer sixty days, 1000 al 1sgc, buyer
sixty days.
Colorado. 400 at &c.
Columbus 100 at 55c.
Iron Blossom, 500 at 91c: 100 at 96c,
Lower Mammoth 500 at sac: 1900 at
Soc 2000 at Gle buyer sixty days
Sioux Consolidated, 1000 at soc,
Ohio Copper 100 at s1.9Ta
South Columbus Consolidated 5000 at
&c.
Tintic Central 100 at 1Osc. 100 at lie.
Uncle Sam. 500 a 355c
Utah Consolidated. 1000 at &c.
Shares sold, 5000
Selling value, S54T4 30
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-05-05
To FINISH LINE
MIDDLE Of JULY
Second Section Nevada Copper
Belt Road Being Rushed
by Company.
HARDEST PART OF
LINE COMPLETED
Railroad Company Places Or
ders for Additional Rails and
Rolling Stock.

on his return yesterday from the Ma
son district, w. c. Orcm, managing di
rector of the Nevada Douglas Copper
company. stated that orders had been
placed for twenty-slx more miles OF
track and the management OF the Ne
yada Copper Belt Railroad company cx-
poets tho second section of road TO be
completed by the middle of July. This
will give this company in the nelghbor-
hood OF thirty miles OF track in and
about the mines OF the Mason or Yering-
ton country.
Work Is now being rushed on the track
connecting Wahuslta, which is on the
Valley smeter site, while lines 10 the
Mason Valley and Nevada Douglas Will
be laid fast the work can he done.
The most difficult task confronting the
Wilson canyon. and this now is com
pleted The railroad company has placed
orders for new cars and other. rolling
stock. so as 10 be In shape by the time
the road Is open throughout.
The connecting OF the mines with rails
Il the most pressing task now before
the Nevada Douglas and Mason Valley
companies, for the mines are just about
in condition TO start producing the tom
mage demanded by the smelter contracts
already nego2tiated Nj orem says 8, 1t
ishes the installation Of the new ma
chInery over the incline. which Will OBJ
vate the necessity OF working through
the vertical shaft Of the Ludwig group,
now down 10 the 400-foot level. The In
cline extends to the deepest levels from
the surface now.
Railroad day at Mason, says Mr.. orem.
Is going to be a banner day for western
Nevada. Nearly all OF Reno is going to
descend upon the camp. for il is the first
good opportunity ever presented the pub
lie at large for getting personally ac-
quainted with the copper resources OF the
camp, There will be many Salt Lakcrs
leave on Friday for the camp,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-05-05
WONDERING ABOUT IRON
BLOSSOM AND COLORADO

There is much speculation rife over
The action OF the Colorado and Iron Bios
som companies at their regular monthly
meeting scheduled for the 10th or next
Tuesday. II Will be recalled that the
directors OF each company met on Feb
ruary 10 and posted dividends navabIc
In March This set precedent it Is
thought, and the dividend declarations
Tor June may be declared this month.
Nothing definite is known Of the inten-
ton Of the two boards. nor has any
word leaked out In regard 10 The amounts
to be posted when the meetings do oc-
cur Inc stocks were weaker ycster-
day on the local exchange
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-05-05
Mining Notes.

f. j Evans and John II. Pape leave
today for the Bakersfield oil section OF
California. where they have some valua-
BILE oil territory lined UP.
A report from Beaver county stated
yesterday thnt the Wild Bill company on
the 800 level had encountered four feet
of lead. silver and copper ore OF first cla SIS
shipping quality. The ore Is said to
carry close TO 10 per cent iron also. and
the smclters. The Wild Bin adjolns the
Cedar Talisman property on the north.
1T may he all right TO say that the
OpcS will never get any of the Centen-
NAL Eureka ore bodies, for that is a
matter OF opinion. but il would he foolish
to say the company Will not get ore. -
You never can tell about that lime conn
try. and the OpeX has just as good a
chance as any of them, and just so II is
ore it Will make precious little difference
whether II bears the Centennial Eureka
stamp or not"
From New York. on Wednesday. over
the Pollock wires. came a brief resume
OF the annual report OF the United States
Smelling, Refining and Mining company.
The year ending December 81. 1903
the common stock. and after paving 4
per cent In dividends. and after laying
aside $4,000 to swell what is termed the
depreciation fund a surplus Is shown
equivalent TO per cent on the common
stock. These earnings represent results
on the properties OF the company which
are located in Utah. California. Mexico
and other localities. and are not made
entirely on the Utah assets OF the or
ganization, as many evidently believe
GOOD PRINTING PAYS.
Century printing pays. 55-57 Post.
Office place.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-05-05
LAKE COPPER STOCKS
HELP DEPRECIATION LIST

Since the first OF the present year the
copper stocks have deprecated close TO
S220, 900 900. to which startling amount
the lake coDpers have contributed IN
tho neighborhood of $40. 600, 900. the
small capitalization OF the lake coppers
has saved n still further accumulation
Of figures The following lake quotations
Will rrnMs Interesting.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-05-05
DELINQUENT NOTICE.

The New Stockton Mining company;
etW eTire'Pa tab Sc location 0S,'e OF mines Tooele
county, Utah. Notice.
There are delinquent upon the follow
Ing described stock on account of assess
ment No 10 OF one a. cent per share.
levied on the 7th day of March, 1910. the
several amounts set opposite the names
OF the respective stockholders. as fol-
lnvu
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-05-05
Nevada News Agents.

NBVdU6 NBW0 ABbuUA
BauYard-A- G. Pceco.
Goldfield-Louie Polin.
Hawthorne-Louie Poliu.
kimberly-Sheldou Lowney.
Low velock-Bible Bros.
Midas-Mrs. c. A Harrington
Rawhide-Louie Polin.
Reno-Hotcl Golden News Stand; Ro.
senthal g. Armanka; Shepard & Son
Yerington-F. M. Burner.
Winnemuccn-Pearce & Chase.
Cobre-Eichard Richards.
Cherry Creek-Grey 8 Collins.
Elko-Wheeler g. Co.
Ely-Gra 20 B, Paxon: Harville Station.
cry Co.
McGill-M. Herman; walden D Bur.
nett.
Rhyolite-The Crescent
Fioche-Pioche Drug Co.
Caliente-John shier: Thomas Aim-
street
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-05-05
CONSUMER. NOW HAS
ALL THE ACE
Copper Producers Playing Into
Hands of Consumer by Pub
fishing Figures.

The Copper Producers association is an
organization perfected not many months
ago for the purpose of collecting stalls
ties In tho copper mining industry. for the
better protection of the members who
represent the output OF the country.
Everything pertaining to the copper In
dustry was To be collected and men
trained In the collection and arrangement
OF statistics were employed to guarantee
the best possible results. From the be-
ginning of this association the figures
have been published on the tenth of each
month, and just recently there has been
an attempt made 10 stop these monthly
publications which has produced a great
deal of adverse criticism.
One reason given for the proposed ces-
sation OF publication was that the figures
were misunderstood, and that they gave
Wall street too much OF an opportunity 10
gamble on the information shared with
the world. A prominent copper man of
Salt Lake was asked on Wednesday for
his opinion In regard to the proposed Sc
cretlon OF the statistics. and he snid:
Personally ] would dislike 10 see tho
association stop making public its month
ly statistics on copper production and con-
sumption, for these figures have been
full of interest and Information 10 the
copper trade In general, From thc as
sociation standpoint: however. ] can see
several reasons for stopping this month
ly laying down Of hands, the most strik-
ing one being that the figures give the
consumer the advantage.
al this time OF copper accumulation,
the consumer is kept closely in touch
with conditions. and the producer, the
man who makes the copper, comes 10 the
consumer each month with the figures to
show why the consumer should not make
large purchases Of the metal The cop
per producer is NOT IN the business for
his health. and ] believe that were the
figures concealed the consumer would be
playing more into the hands OF the pro-
duccr, The respective positions. In
other words, would he reversed, and
from the producers standpoint I see
plenty OF reasons 10 quit disclosing my
hand with each new moon"
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-05-05
Metal Market,

The metal quotations for "wednesday
posted by Mccormick & Co. were as fol
lows: Silver, 5fsc; lead. $3.50; copper
IL 7-l6c
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-05-05
Ore and Bullion.

The ore and bullion report for Wednes-
day. given by Mccormick & Co. was as
follows. Ore received, 100000: bullion
shipped $40 900
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-05-05

ana In accordance with law and an
order or the board OF directors made ON
the 7th day of March. 1910, so many
shares of each parcel of stock as may be
necessary will be sold at public auction
block, Salt Lake City. Utah. on Wednese
DAY the llth day OF May, 1910. Mt .
o'clock p M. to pay the delinquent as
OF advertising and expense of sale
M, f. III. JACOBS, Secretary
F1rst publication April 26, 1910. hSso4
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-05-05
New York Mining Stocks,

James A. Pollock & Co., bankers and
brokers, furnish the following. received
over their private wire yesterday after
noon: