davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-12
Would Take Notice.

Yet IL has recently been frequently said
ny men OF finance that II the American
peopie could get accurate information as
10 the amount of money which is now
gong out OF the country and has been
SO doing for two years the Information
might cause the people to sit up and
do some thinking
Ihere nave been exaggerated reports
which told OF the amount OF money cid
at any one time by the bankers OF New
YORK on deposit for the credit OF bank,
IN other parts OF the country One esti-
YORK banks In the early spring have
sometimes held as much as a hundred
millions or even hundred and fifty mil
lions on deposit to the credit of what
are called the country banks. But the
pest INFORMED OF our bankers shake their
heads emphacically when these figures
are mentioned to them They are in
clined to the opinion that not at any one
time nave the banks of New York car
rled IN their deposits list as much as
nifty million dollars representing funds
deposited by country banks here, We are
approaching the season OF the year when
these deposits especially made by west
the home demand for money with which
70 hnance the crops is soon to begin
But the movement Of money from other
parts Of the country to New York in
certain seasons OF the year, particular
ly the late winter and early spring, is
similar In some aspects to the movement
OF money out Of New York across the
seas. Western and southern money
comes here at certain seasons of the
year because II can earn moro THAI, is
possible in parts OF the west and south
American money has been sent to Eu-
rope because the security offered is sat
lsiactory. and the profits are fairly ac-
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-12
MONEY Of NATION
IS GOING ABROAD
Two Hundred Millions Are In
vested Over Seas by
Timid Americans.
FIGURES ASTONISHING
Explains the Conditions That
Prevail in United States
at Present.
FIGURES ASTONISHING

Those who are disappointed in the
failure Of the stock markets and gen
eral industrial conditions throughout
America to respond more cheerfully to
what is popularly termed the trend of
the times, will be interested in the
following Holland letter in tho Wall
Street journal of July s, in which is
discussed the investment of American
capital in foreign channels:
However dillgent and persistent the at
tempt to learn how much American
money has gone out OF the country In
me past two years, nevertheless accu-
Tate Information cannot be secured, since
there are only private records OF these
transactions. Tho Pujo COMMITTEES, If II
were TO carry on It's Investigations on
thls line. would find 1t impossible, prob
ably. TO obtain information which would
reveal to the country the aggregate
amount OF American money sent 10 other
parts Of the world not IN the course OF
trade or In the settlement of trade bal
ances. but for investment or for financ-
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-12
REPORT ISSUED BY
UTAH CON. COMPANY
Encouraging Statement Made
by President Claiming on
Net Earnings.

An interesting contribution to the Utah
Consolidated Mining company literature
that has been available for several weeks
past was made on Thursday by K. IA.
Claiming, Jr.. president Of the company.
who issued a report for the first six
months OF 1912. This report shows that
the company has made unusual earn
lngs. and that the progress In develop
Ing new ores has been both satisfactory
as to grade and quantity, Eastern
comments for some time past have been
especially bearlsh upon this proposition
of Bingham, ono going so far rs to as
sert that the company would soon cease
ore shipments entirely. That there Is
no probability of this is seen In Presi-
dent Cummings report, which here fol-
lows in full
''The operations of your company for
the first six months in 1912 We're as fol-
lows; Shipped 100S0S dry tons OF copper
ore; shipped s025 dry tons OF lead ore.
"The net earnings from the above are
estimated at slightly over 100000
Exploration work during this period
has resulted In somewhat Increasing tho
tonnage OF lead ore in sight over the
figures given I'm the last annual report
while the copper ore reserves have been
maintained at approximately the same
tonnage and grade as then shown
r. II, CLAIMING. JR.,
"PreSdent.S
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-12
DRAGON SHIPMENTS
WILL Be INCREASED
Property in Shape for the First
Time to Produce Big
Tonnage.

That the coming week will witness q
very material increase In the ore ship
ments OF the Dragon Consolidated com
panys was the statement made on Thurs
day by one closely identified with THIS
Iintic proposition. The management up
10 date has been somewhat Handicapped
ny tho large amount OF developrnent
work that had to be accomplished. III
the first raise south of the Iron Blossom
nne. which was at first designed lot
development purposes only, the company
has had to do considerable amount OF
lining UP and timberinS before proouc-
ton on logical scale could be attempt
ed. This work is about rounded out TO
the satisfaction OF those in charge, ana
this stope will afford generous tonnage
from now on.
The plan OF development contemplates
drifting south beneath the ore. and rals-
Ing to the same at each 10O-foot point
The second raise has been sent to the
ore 100 feet south OF the initial raise,
and this likewise Is being put into con-
ditIon to provide a steady tonnage OF
first-class ore. Additional raises Will be
driven and each will be utilized for stop
ing for the market. The ore body has
been demonstrated now for not less than
$50 feet north and south, while work at
the center and the extreme southern end
or the property Is being hurried along
existence Of the ore as well as slopes
for giving the shipping tonnages more
generous phase.
The grade of ore Is being maintained
with satisfactory fsithfulness. and the
Knight interests have progressed far in
liHing up the Dragon as one of their COM
Ing big producers and dividend payers.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-12
COPPER ORES AND
THEIR REAL VALUE
Experience of Ohio Copper Is
Creating Inquiry as to
Other Mines.
QUESTION OF SAMPLING
Is Present System of Getting
at Average the Proper
One? Is Asked.
QUESTION OF SAMPLING

One item that is receiving considerable
attention at the hands Of the western
Ohio Copper shareholder is the failure oil
the mine to produce the grade of ore
which the engineers In charge Of the
sampling OF the property several years
ago found existed In It. A difference OF
three or four pounds Of copper to the
ton OF ore invariably must spell the diff
ference between success and failure OF a
proposition which OF necessity must de-
pend upon The reliability OF fractional
mineral contents in ore and the reduction
OF costs 10 three figures beyond the deci-
NAL point.
The experience of the Ohio Copper has
occasioned research in the case OF others
of the modern gigantic low-grade copper
propositions In the endeavor TO ascertain
II The Ohio Copper stands alone or In
distinguished company when II comes TO
mining grades of ore below anticipation
What is desired by the mining world Is
positive knowledge whether this varia-
lion between SBmplin9 and mining OF ores
Is an exception, or II II is typical. and.
II typical. what is the reason.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-12
COPPER GOES DOWN
AND STOCKS FOLLOW

The usual experience is being met with
In the stock markets with the reduction
in the price OF copper. Electrolytic on
Thursday was quoted at II cents pound.
against l7a cents the day before, and
the copper shares fell off materially as
result The decline was even more
prompt and pronounced than the appre-
ciation OF the copper stocks when the
metal was pulled out Of the mire Of de-
spond recently TO o cents above the low
mark. The market bulls seem to be
completely bluffe5, tho public is keeping
hands OFF and the bear element is hav-
ing everything Its own way.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-12
OHIO COPPER HAS '
NAMED DEPOSIT(

Word from the east on Thursdav
20 the effect that the shareholders q
ONO Copper company were to have
repositories for tho purpose Of ID
the assessment and depositiug thi
stock for the new. In New YorjI
Empire Trust comnany will be utt
While the International Trust compa,
Boston also is named, The date OF
ment or the initial installment Of 80
n share is July 25
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-12
NEVADA DOUGLAS is
DOING DEVELOPMI

General Manager Walter c. Orr,
the Nevada Douglas Copper cofnpa'
back from q business visit Ia tbs
He states that the Nevada Douplas :
pany Is crowding development wo,
an unusual extent both In the ~
and Douglas Fill sections. and =,
are being obtained In proportion.
mine continually Is showing an incr
ore tonnage. and everything Ia IN,
out underground just as could be
for. Production is being accomui
with greater facility and economy
along and shipments are holding we
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-12
OHIO COPPER WILL
BE lNVESTIGA

mas been determined b. "a
Ohio Copper company 10 bnId
on next Tuesday afternoon. ai thS
Lake Stock & Mining EXCHANGE
ing, at which the affairs OF fbis a.
%ation and the proper course for n
holders 10 pursue In regard to fhs
Ganlzati plans will be entered In
.no.ougily as possible. One shareh
items that local stockholders Shouts
eincidatcd before paving the assssu
as demanded by the rcorganIzafIon E
and an effort will be made TO sec,,rs
information from President Anlen,<
fore the time of first payment. All :,
holders are Invited 10 be present vi
desire. "z
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-12
VITALITY IS SHOWN
IN MANY INSTANCES

The New York Mining Age calls atten-
tiou 10 the fact that there seems TO be
no age. limit in the mining game. for
rom All reports the Grandma company
of GoldGeld seems to be coming back i"
The west is full Of ancient mining propo-
sltIons that are showing every evidence
demanded Of ability TO throw off the
moss and palms OF age and come back TO
n new era OF useful cndesvor.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-12
Ohio Carefully Sampled.

The Ohio Copper company has beer
classed among the modern poIphy11es al
though IL is not h monzonite proposition
for the sole reason that IL was known tc
hold "A very large tonnage OF copper ore
tonnage which would stamp IL as
marvel among copper mines we're IL no,
for the overshadowing ore tonnases o!
the so-cslled porphyry propositions or inc
west. This Ohio Copper tonnage was
sampled carefully and frequently by many
Of the hest mining engineers or thf
world men whose Integrity and ability
are far and away beyond question oi
criticism. Numerous painstaklng expert
examinations OF the Ohio Copper mine
brought about such uniform results as
TO orc value that there seemed TO be no
variation possible in any degree, Nor can
there be any question but that the ONO
Copper management has endeavored with
the best engineering talent procurdole TO
mine up to expectations.
There is an interesting question 10 be
determined here. The experience OF one
may be the experience OF others. When the
Nevada Consolidated property was first
recognized as one o. the coming great
low grade. low-cost producers of copper
its tonnage then less than 10000. 900 tons,
was held bv the best engineering talent
proCUrsblc 10 hold per cent copper Up
In January !. 1912. this proposition had
mined and milled over 1000. 900 tons. the
average OF which was 2.041 per cent cop
per Here was an increase over original
expectations and as insignificant as the
increase appears in some cases 1t might
as q decrease mean the upsetting OF big
plans and the ieopardizing OF millions oi
capital invested. According to last re-
ports. the Nevada Consolidated had over
~. 600. 000 toys OF profitable ore developed
averaging 1.552 per cert copper.
Differences in Time.
II may be argued that the so-called
porphyries In their infancy could be
shown To hold only limited tonnage OF
copper ore OF commercial grade, COM
mercisl from the standpoint Of the then
limited ability 10 handle the same. AS
time progressed and the facilities fol-
treating such iow-grade ores were inn
proved ALI enormous tonnage OF low
grade material not heretofore deemed
OF commercial value is found 10 exist,
and the available present-day tonnages
arc tremendously increased while the
grade is lowered. That these propost-
tlons contain a greater ore tonnage than
was ever expected. but OF lower quality
is now generally seen.
II is too early to draw conclusions from
many Of the porphyries, for they are
merely being launched upon their career
Of production. But their results VIII be
watched closely TO see II they come UT
10 the original samplins Tt is the sys-
tom Of ascertainine ore values that is or
trial and there can he no Disgusting the
fact that this matter is receiving tho
careful consideration os stockholders.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-12
PRINCE CON. MAIN
TRADER THURSDAY

Were the Prince Consolidated trades
Of Thursday removed from the business
transacted. there would be nothing left
10 comment upon, The stock was ac-
satisfactorily, Sales yesterday reached
a total OF 25.600 shares OF stock, the
market value OF which WAS S97l4o0. The
following were the closing Transactions;
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-12
Mining Notes.

The Columbus Extension is ms
through very satisfactory amour
naturalization in its deep work
now.
The Columbus Consolidated com
during the next thirty or forty days
market some of the finest ore that.
came from this mine. And from al
ports there is no limited tonnage
either. Mine conditions are reported
fine.
Teams began hauling Alta ConsolIt
ore on Thursday for the first time in
eral days These teams for several
have been hauling In the City Rocks ,
uct OF the Michigan Utah company,
Alta Consolidated has three railroad
OF first class rock in the bins AM
the dump awaiting shipment
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-12

N. j. Gorham, Cashier Bank
Woodville, Woodville. Ga, had q
severe attack OF kidney trouble
the pain in his kidneys and back
terrible. 'fI rot bottle Of Foley
ney Pills from our druggist and
entirely relieved ME. I have more
eft from them than any other .
cine.' Schramm-J ohnson, Drugs.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-12

San Francisco Oil Stocks.
James A. Pollock & Co, bankers and
brokers, furnish the following, received
over their private wire yesterday after
noon;
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-12
Boston Mining Stocks.

James A Pollock &, Co, bankers and
brokers', furnish the following received
over their private wire yesterday after
noon:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-12
Nevadas in San Francisco

James A, Pollock & Co.. bankers and
brokers, furnish the following, received
over their private wire yesterday after
noon:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-12

large amounts to Europe-to Germany
and recently to France-aud to Canada.
nevertheless the railroads are unable TO
secure capital In any large amount and
for long periods OF time needed for these
improv ernents. A year ago there was q
curiously paradoXical financial situation In
the United States. Some OF our railroads
We're borrowing money In France because
they could not borrow IL upon reason
able terms in the United States, while at
the same time the United States was
lending money to Germany and making
investments in other parts of the world
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-12
New York Mining Stocks.

James A. Pollock & Co, bankers and
brokers. furnish the following. received
over their private wire yesterday after
noon:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-12
Ore and Bullion.

Ore and Bullion.
The ore and bullion report for Thurs
day. given by Mccormick & Co. was
follows: Ore received. $4,000; bullion
shipped, Sl15,000; total, s165,O00.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-12

FORENOON SALES.
Colorado. 400 at 1Sc.
Grand Central, 200 at 5sc,
Indian Queen, 1000 at 1lc.
Prince Con. 100 at 81 1.52s.
Shares sold, 100
Selling value, s355oc.
OPEN BOARD.
Grand Central. 800 at soc.
Iron Blossom 900 at 81 30
buyer sixty days; 500 at S1.55; 700 at
81 ,5?5
Victoria Con. 100 at 5ec.
Shares sold, 16 500,
Selling value, S6o4a.o0,
AFTERNOON SALES.
Colorado, 500 at 1SAc.
Grand Central. 900 at Sic.
Lehi Tintic. 400 at 1c.
Ohio Copper, 100 at sc; 500 at sc.
Opohongo 400 at 16lc.
Prince Con, 100 at 81 say.
Union Chief, 500 at lie.
Shares sold, 340o.
Selling value, $4,000
OPEN BOARD.
Opohongo. 100 at 16ic.
Prince Con, 100 at $3.50
Shares sold, 5000.
Selling value, S2T0.5o.
Ore Shipments
The Utah Ore Sampling company on
Thursday released three cars of ore from
Utah and one car from Nevada camps,
Metal Market,
The metal quotations for Thursday,
posted by Mccormick & Co., were as fol-
lows: Silver 6o3ci lead, s4.65, copper,
S17,221-
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-12
Ore Shipments.

The Utah Ore Sampling company on
Thursday released three cars of ore from
Utah and one car from Nevada camps.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-12

For Yellowstone park information
call WaSatch 649.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-12
Metal Market.

The metal quotations for Thursday,
posted by Mccormick & Co., were as fol-
lows: Silver, 6o3c; lead. s465, copper,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-07-12
Bid. ASKED Sold For.

UNLISTED STOCKS.
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1912-03-29
THREE CHILDREN CREMATED
Zeimer Babies Trapped in Farmhouse
Fire Near Shawano-Mother At
tempts Desperate Rescue.

ShaWano. - Barred from their
frantic mother by the leaping flames
which enveloped their farmhouse
home, the three little children of Gus
tav Zeimer-Edward aged 4 Alice,
aged, 3, and baby girl, Edna, aged
months-were burned to death in
the blaze which destroyed the dwell
ing, eight miles from this city.
Mrs. Zeimer, who had just return
ed from the village of Richmond, en-
tered a barn to care for the cattle
AS she left the building on her way
to the house, smoke and flames burst
from an upper window.
Rushing frantically to the front Of
the house, she entered in a desper-
ate attempt to save the youngest Of
the family, but was driven back.
painfully burned about the head and
shoulders. In spite of her injuries,
the woman with the courage of des-
peration plunged through the smoke
and fire which belched from the rear
door, but was almost overcome be-
fore she dragged herself to the outer
air and collapsed in a semi-conscious
condition as her babies died.
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1912-03-29
ADVOCATES SCHOOL FARMS
Board of Public Affairs Expert Rec
ommends They Become Part of
States Educational System.

Madison. - 1.-THE cheapest and
most profitable investment that a
school district could make, would be
to provide a school farm in connec-
ton with a centralized or graded
school, where a competent teacher in
agriculture could, under proper SUI
pervision, conduct a model farm"
This conclusion was reached by S.
G.. Lindholm, director of the New
York school of municipal research,
in reporting to the Wisconsin board
of public affairs upon the progress
made in the study of rural schools
undertaken under the auspices of the
board.
He advised that, not only as an
aid to arithmetic but as a valuable
help to the parents, simple but ade-
uuate systems of farm accounting
should be taught, market reports ex-
planned, and the method by which
farm produce reaches the world
markets used as lessons in geography
and wherever possible methods of
testing and weighing milk should be
explained.
A summary of report of the field
study undertaken by Mr.. Lindholm
and his associates showed that the
school conditions on the average
compared very favorably with other
states.
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1912-03-29
MINERS WON'T COMPROMISE
OPERATORS OPPOSED TO ANY
CHANGE FOR THE PRESENT.
will be elected Both the Taft and
Three Million Workers.
Idle,

Cleveland, Ohio, March 26.-Consid-
GRAFTON by union officials Of a possible
compromise in the wage demands OF
the miners in the bituminous coal
fields Of western Pennsylvania, Ohio,
Indiana and Illinois resulted in q de-
cision that when the conference with
the operators is resumed today the
miners will adhere to their original
demands, asking for ten per cent in
crease and shorter working hours.
Already the operators are on record
as being willing TO grant nothing
more than an extension Of the present
wage agreement and it is said this
will be their position when they con-
fer.
The members of the unions policy
committee met but deferred action on
the anthracite situation, pending the
outcome of the bituminous conference.
They announced that as all negotia-
tons between the operators and min
ers in the anthracite fields having
been broken off, their recommends
ton will be that operation must cease
at midnight, March 81, and the qras-
ton of strike will be submitted to
referendum vote of the union.
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1912-03-29
SEE LAW VIOLATION
IN FORM OF BALLOT
Designation of National Dele
gates Declared illegal.
FORM UPHELD BY BANCROFT
Attorney General Gives Authority for
Placing Words, la Toilette Can
didates" and "Wilson Candidates"
Preceding Delegate Lists.

Milwaukee.-Thep presidential del
egate ballot, as the result Of statutes
considered of doubtful meaning, and
differently construed, is going to be
printed in a form never before
known. In the opinion of able law
yers and of E. l.. Phillip, chairman
of the Taft republican committee, the
ballot as prepared for voters is in
direct violation of both the primary
law and the delegate law.
AS the result of an opinion from
the attorney generals office, under
the names of the republican candi-
dates for delegates favoring La Fol
lette, the words LA Toilette dele
gate will be printed in smaller type,
and so under the name of the Will
son delegates on the list of demo-
cratic candidates for delegates the
words ''Wilson delegate" will appear.
Under the name of the Clark demo-
cratic delegate list, nothing will be
printed to designate their choice for
president, and so also under the Taft
delegate lists there will be nothing
to show that they are for Taft.
Mr.. Phillips declares there is no
evident authority in law for such
designations, which, in his belief are
in direct violation of the primary
act provisions.
Ladysmith news-budget. [volume] (Ladysmith, Rusk County, Wis.) 1907-1927, 1912-03-29
500 TRAIN WRECKED.
Six Coaches of Passenger No. 106
Derailed Near Belgrade, MINI.

Belgrade, Mimi, March 27,-Passen-
ger train No. 106, eastbound, on the
500 Line, due in Minneapolis about
q. M, was wrecked three miles east or
Belgrade. Six cars left the track on
a twenty-foot embankment, and some
of them rolled into the ditch below.
Two sleeping coaches, the diner, day
coach, smoker and baggage car We're
derailed.
A dozen persons were injured, but
only one serious]y-A. Linderholm, a
stock buyer OF this place. He was
badly cut and bruised about the head,
and will probably lose the sight of one
eye. Conductor Anger of Minneapolis
was slightly hurt. The baggageman
happened to be out of his car or other
wise he would probably have been
killed
The accident is supposed to have
been caused by defective rail. The
track was torn up distance of quar'
ter of mile.