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DAILY ARIZONA SILVER BELT
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BULLS ON' CHANGE
FLUCTUATIONS IN PBIOES ABE
NABBOW AND VOLUME OF BUSI
NESS IS ALSO' SHALL NO EX
PLANATION IN NEWS.
NEW YOUK, November 19. Con
htant fluctuation in prices In tho mar
ket formed tho principal fcaturo of
ilealinj-s in stocks today. Tho fluctua
tions were narrower than has been tho
rulo lately, nnd tho volume of dealings
was .ilo .smaller. There -vcro signs
that the support of prices wis not
abandoned today, but lcs aggressivo
than the recent rule, though facilitated
by the covering of shorts put out on
tho decline of yesterday. Tho day's
news offered no explanation of tho
prico movement. Another reaction in
copper in the local metal exchange was
an incident of the kind dwelt upon.
Bonds wero heavy.
NKW YORK, November 19. Tho
Ixmdon tin market was higher: Spot,
137, futures 139. Wally steady at
.10.15 to 30.30.
Copper was unchanged at 63, 2s, 6d
for epot in tho English market, but
lower at 04, 13s, 3d for futures. Lo
cally easy and moro or less nominal.
Lake, 14.25 to 14.S0; electrolytic, 11.00
to 14.25; casting, &.SV&. to 14.12'A.
Lead declined to 13, $s, 9d. in Lon
don. Locally it was dull at 4.32 to
Spelter was higher at 21, 5s in Lon
don, but quiet and unchanged at 5.05
to 5.10, locally.
Local iron was unchanged.
Silvor 49 7-8; Mexicans o.
CHICAGO, November 19. One of
the principal features of tho trading in
tho wheat pit waa the strength of Do
comber delivery, and tho heaviness of
May option. December lost strength,
owing to profit taking, and closed
weak. May showed a net loss of a
half to five-eighths, final quotations be
ing 107 5-S to 107 3-4, with December
at 103 5-3.
Corn closed weak with prices a shade
lower to an eighth and a quarter high
er. 'December 03 3-8; May 03 to 03 1-8.
Oata wero firm and closed steady nt
prices nn eighth lower to n shade high
er. December 49 M, and May 51 1-3.
There was a further declino in prices
on tho New YoTk stock exchange yes
terday, and a contriciion in the volumo
of dealings. For the past two days
there has been an absenco of news to
affect tho market one way or tho oth
er and it has been permitted to drift
within narrow limiU. Under ordinary
conditions, after tho long continued
rise tho market has had, a reaction of
-from fivo to ten points would natural
ly bo expected, but tho interests which
havo piloted tho upward movement ap
pear to bo still in control and it wero
idlo to nttompt to forecast the course
of tho markot for tho next few weeks.
Copper motal is having somo reaction
after tho very sharp advance it has
had sinco tho election, which was evi
dently overdono. Any further attempt
to advance the price of tho metal fur
ther at this timo would invito liquida
tion of tho largo speculative holdings
in Europe, which might result in a
Local copper stocks were slightly
weaker, with tho exception of Arizona
Commercial and Miami, both of which
There is nothing in ther money situ
ation to indicato any immudiato ad
vaneo in tho den'mnd money rate, not
withstanding tha activity, in the stock
market, says tho World Financial. The
demand, however, for timo money run
ning from periods of nino months to
a year, has rcsuletd in slightly harder
ratos for this lino of accommodation.
Thero has never been a time in recent
years when tho money .situation
throughout the world offered greater
encourngoraont for speculative enter
prises, ns well as to legitimato business
dovolopment. Tho commission houses
realizo this and "cvon tho moro con
servative class aro advising tho pur-
chaso of securities. They arc, however,
directing tho attention of their custom
ers to tho low-pricod stocks, on tho
theory that thoy havo a moro natural
markot and, with very fow exceptions,
ownership is not conccnirnted in them.
Tho maintenance of tho steel rail
chodulo, both by tho Unitod States
Steel corporation and the independents,
Is undoubtedly due to nn understanding
which it would seem, amounts to an
illegal compact, and thoroioro a viola
tion of tho Sherman anti-trust law. Tho
administration, howover, so far has
shown no disposition to interfere- with
this combination in restraint of trade.
It will probably bo left to tho tariff
reformers to deal with this condition
nnd to bring about a reasonable prico
for tho steel rails manufactured in this
country. Even the "otnnd-patters"
will bave..somo difficulty in continuing
to jimmy a profit of 10O per cent on
this product. Charles M. Sohwab is
fi i i n i -.
credited wtyh having testified before
tho interstate commcrco cominitralou
that tho steel industr yof this country
does not need protection. Mnny steel
experts sharo Mr. Schwab's opinion.
Tha economic axiom that prosperity
is literally dug out of tho earth is
again illustrated by the experiences of
tho past year. Tho agricultural and
mineral industries havo withstood tho
strain of the business depression bet
tor than na yothor forms of enterprise.
Another good crop next year will givo
nn impotus to business such as wo have
never known before, and the cxpan
sion will naturally continue until tho
flontlne supply of capital will havo
again been exhausted and tho incvitn
bio period of over-production shnlhhnvo
appeared. Tho operation of this law
is too often lost Bight of by thoso who
control tho policies of many of tho
great Tailrond an dindustrial enter
prises of tho country, and tho tendency
to excess! vo optimism during poriods
of prosperity is just aB great as tho
tendency to excessivo caution during
a time of business prostration, such as
has prevailed' for tho past year.
(By Tho H, 11. Bru Co.)
American Sacinnw .... 5.00 3.30
American Smeltinfi .... 95,12
American Sugar 132.75
Arizona Commercial ....38.00 .3S.50
Atlantic V.' . 18.00 18.50
Bay State Gas 2.12 2.25
Bingham .30 .50
Black Mountain ..... -4.12 4.25
Boston Con 10.25 1(1.30
Butto Coalition ........ 20.75 27.00
Butte & Arizona .20
Butto Bolaklava ....... 12.00 12.37
Butte i London 50 .55
Calumet & Arizona ....119.50 120.00
Centennial 31.00 35.00
Chemung 15.00 16.00
Conner Ranee 81.00 81.50
Cumberland Ely 8.62 8.87
Colo. Fuol &. Iron 3?.50
Dcnn Arizona 4.37 1.62
Davis Daly 3.37 3.97
East Butto S.OO S.12
Erie Railway 33.50
First Nat. Con 8.00 8.30
Goldfield Con G.C2 0.75
Greeno Cannnea 11.37 '11.02
Hancock 9.25 9.75
Helvetia , 3.75 1.00
Inspiration ... .20
Keweenaw 5.25 5:50
Lnko Copper Co 16.00 10.50
L. S. & A 1,00 4.62
Missouri Pacific 02.25 ...7
Michitrr.n 14.25 14.02
Mohawk 70.00 70.50
Mexican Central 17.00
Nat. Min. Ks. 90 .93
Nevada 1S.75- 19.12
Nevada Utah 3.25 3.50
Nipissing 11.00 11.37
North Butto S7.Q0 S7.50
North Butto Ex 05 .07
Ojibway .- 1J.0O 11.50
Old Dominion 57.50 57.75
Orphan 1.50 1.75
Quincy . . r 90.50 97.50
Raven ...,.' 90 .93
Reading 137.75 ....
Rock lslnnd 22.25
Santa Fo Min -. . . 3.00 3.25
Shnnnon 1S.00 13.12
Shattuck 19.50 30.50
Southern Pacific ,.116.75
Stonewall McMillen .00
Superior Copper 30.00 31.00
Superior S. Boston 13.75 14.12
Superior &. Pittsburg . . 1S.37 13.02
Tamarack 82.00 S3.00
Trinity 1S.00 18.25
Union Pacific 180.37 ....
Utah Copper 47.25 13.00
U. .S. Steel 56.37 ' ....
do pfd 112.87
Warren 5.12 5.50
WqlvcrineiA, Arizona .. 1.75 4.50
.uarm v m.w ,iA.,n
Globo Con 8.02 8.87
Tonopab . . . . 7.00 7.50
Utah Con 10.75 47.12
La Roso 7.12 7.57
Nowhouso 0.25 0.50
Iris Theater 9.00
BILLEK WILL HANG
CHICAGO, Nov 19. Herman Billeck
convicted of the murdor of fivo mombcrs
of the Vzral family, was sentenced by
Jndgo Barnes today to hang Dooombor
11. The fight of Billck and his friends
for his liberty, which carried tho caso
before tho United States Supreme court,
attracted wido attention.
Billck, a fortuno toller, whoso in
come was derived from tho ignorant and
suporstitious, usod arsenic in causing
tho death of tho Vzrals, nil of whose
lives wero rnsured and which money
Billck is said to have planned to secure.
Ho was firrt sentenced to hang in Oc
tober, 1907, nnd sinco that timo has
been reprieved four times.
Billek's last hope, a slender one, in
view of tho previous attitudo.of Gov
ernor' Doncen,tisithatrthovdenth sentonco
may bo commuted to ono of lifo impris
ABUSING PUBE FOOD LAWS
WASHINGTON, Nov. 19 According
to a swooping decision of tho commis
sioner of patents, any Inbel boaring tho
inscription "guaranteed under puro
food nnd drug acts of June 30, 1900"
whero such inscription is intended to
imply that the government is responsi
ble for the purity of tho goods, will bo
refused registration. It is claimed that
hundreds of packers, and others through
ontitho country, aro so printing labels
a to givoittfis impression, whereas it
i hold by tho officials hat tho govern
ment simply acecpts the assertion of
tho manufacturer that tho goods aro
puro, then Investigates his business. Up
on proof of the puro food drugs act be
ing violated, the goods1-will bo confis
cated and tho manufacturers'punlsked.
STATES THAT HE APPBOVES OF
BUTOHEBS ' LICENSE
TUCSON. November 19.-To-tbo eaU
tit) raisers of Arizona nt tho convention
of tho Arizona Cattle Growers' asso
ciation, Governor Kibbcy in an ad
dress delivered in defenso, of his ntti
hide toward the butchers'' license law,
said that he would still bo for tho same
law evon if it made powriblo meat
Kibbcy 's oxtromo statement came
after ho had repeated sections of, the
political speeches ho doHvcrcd during
tho recent campaign, in which ho con
tended that tho present law doos not
prohibit tho farmer killing his own
beef and disposing of what bo can not
cat, to his neighbors.
It was of tor ho had sought to show
that tho butcher la wdoes not crcato
trusts, citiug the fact tha in Tucson
thero are about fiftoen 'butchers who
slaughter their own meatf and adding
that as far as ho can learn Phoenix is
the only city in Arizona in which there
seems to bo anything that bears tho
earmarks of a trust.
After pledging tho cnttlo raisers that
they courd dopend on him to protect
their interests, Governor Kibboy spoko
jUt longth linvdefoase oOtho,JbutchprJi-f
couso law ana mo Arizona rangers,
contending that both tho law and tho
rangers were tho bulwarks of the cattlo
industry in Arizona.
CONGRESS, Ariz., Novomber 19. A
test run of 500 tons of oro was recent
ly finished in tho new mill of tho
United Gold Mines company at Con
gress, which, according to tho state
ment of J. H. Morrison, master mechan
ic of tho company, demonstrated tho
neccwiity of installing a cyanide plant
for tho economic treatment of tho ores.
Tho management expects to havo tho
cyanide plant ready for operation early
Master Mechanic Morrison in con
venation with n nowspftpr.Tfprcejatn-th-e,
said: 'The test run proved sat
isfactory to tho management. Tbo
four stamp Nissen mill worked perfect
ly as well ns tho three Wilflcy tables.
Tho mill has a capacity of forty tons
in tho twenty-four hours. With tho ad
dition of a cyanide plant tbo reduction
facilities will bo as near perfect, as
possible. Tho management expects to
start installing the cyanide plant in
the nqar future.
"The mine is dosfined to rank
among tho large gold producers of
northern Arizona. It is opened by a
shaft 400 feet in dopth, from which
over 1,000 feet of levels have been run".
A large tonnage of oro is exposed. Tho
ore carries fiold values and the pay
streak is continuous in tho shaft and
drifts. Thero is a twenty-horse power
gasoline hoist nt tho shaft and the mill
power is nlso gasoline. engines."
The United Gold Mines' company's
holdings, known as tho Alaska group
of mines, aro located at Congress a
half milo west of tho Congress mine,
tho deepest developed gold property in
the territory. Tho Alaska ledge dips
easterly at un angle of thirty degrees,
almost tho same dip as tho Congress
Tho Congress brnuch of the S. F.,
P. & P. railroad passes over tho clnim,
affording excellent transportation facil
ities for tho mine product nnd tbo de
livery of supplies without expensivo
hauls by wagon, which decreases tbo
profits of many of tho most promising
properties in the territory.
The property was dovoloped from a
mere prospect by D. J. Suljivnn, for
mer county nssessor. Ho 13 confident
that iUwill -yet rival in gold production
the Congress mine, which has bcun
turning out a steody stream of bullion
for many years.
PEKIN, Nov. 19. An edict issued
today declares that tho Erajora of Pu
'Yi"th'c infant emperor of China,' will
bo named Hsuan Unang, meaning, "pro-
ization is interpreted ns signifying tho
unification of tho nation upon the re
form program of tho throne.
Another edict ordors a posthumous
titlo for KwangJIIsu in recognition of
his merits. It enlarges upon the reform
program to which tho valedictory of
tho emperor committed tho throne, and
thus commits tho government again to
tho details set forth in tho program.
Tho grand council appears anxious to
impress thp idea of roform upon tho
new generation of tho reigning Manchu
Dowager Empross Yebonala, ' acting
on tho memorial presonted to tho prin
cess and ministers, has issuejii an edict
that tho period of mourning' bo reduced
for tho regent and court to one hun
dred days, and for jtho people to only
scvon dayi. k
Ai! fct AhuaftMWtftASf At , , .tAigiSua.
LIVELY TIME WHEN BAILBOAD
AND CITY MAPS, ABE
MATTEB BEOUGHT UP BY PBOP"
EBTY HOLDEB8 FBOM VIOTN.
XTY OF BAILBOAD.
Action Deferred Fending Inspection of
Grounds This Forenoon Electric
Light Company Coms Up for Dis
cussion and Contract Will Be Studied
Tho discovery of. tho alleged fact
that the Gila Valley railroad company
is building its now freight depot on
the line of nn old and forgotten street
may indefinitely hold up tho comple
tion of this much needed addition to
tho railroad property in Globe.
Tho matter was brought up last even
ing by Eugeno Middleton, representing
his mother, who owns property in that
vicinity. Ho represented that the rail
rood was apparently preparing to erect
somo building on tho lino of Newton
street, which ho said crossed tho track
south of tho presont passenger depot,
nnd asked tho city council to look into
tho matter and toko steps to protect
(tfoo city-'s streets. Ho04ked, that, tbo
btreet bo opened to travel.
Superinterdent C. C. Mallard was
present and explained to tbo council
that ho had no knowledgo of this prop
erty being on tho lino of tho city
streets and had always supposed that
it was railroad property. Ho had with
him the plans for tbo now depot, which
had been prepared in tho offices of tho
railroad in Tucson, and theso plans
showed no such street. However, maps
of tbo city in tbo council chamber show
that a street was on tho original plat
at that point. Mr. Mallard offered to
aubstituto for tho property on which
the building is to bo erected a street
which would cross tho tracks direct
from Cottonwood, but this plan was
not satisfactory to Mr. Middleton. Af
ter considorablo discussion of tbo sub
ject, during which tbo need of the
city and of the railroad company for
a freight depot was taken into con
siderationiy nil parties, it was decided
that tho council in a body meet with
tho representatives of the railroad and
tho property owners.aflYctod and abut
ting on tho allegedsstreot, and inspect
tho grounds at 10 o'clock today. l is'
hoped that somo agreement may bo
reached which will allow tho comple
tion of the freight building without
Building permits wero asked and
granted by the council in four coses,.
E. II. Franz was granted permission
to erect three- cement biuldings in block
82, on what is known ns thj Mrs.
Beach property. Permission "was
grantedtp J.'E. McNeil to-build a one
story building of adobo blocks in the
rear of the Racket storo on Brond
street, and James Wiloy asked nnd was
granted permission to build n corru
gated iron building in tho rear of his
saloon near tbo postoflico. Permission
was granted Dr. James Wiley to build
.1 corrugated iron building at tho cor
ner of Oak nnd Dovcrcnux streets, to
bo used for stablo purposes.
At tho request of abutting proper
ty owners the city engineer was in
structed to establish tho sidewalk grado
on Broad street between Bono and
Property owners on East Cedar street
between Broad and High streots pre
sented a petition to tho coiincil askinc
that tho street bo, graded , as, n. locns
improvement, tho samo to bo dono by
tho city and oseiSpd pro rata to the
abutting property owners. Tho matter
was referred to the btreot "committee.
An ordinance limiting the amount of
explosives which may br stored insido
tho city" limits, camo up on its first
City Clerk Welch reported to tho
council that tho city assessment roll
was nearly completed aitd would bo
turned ,ov,er, in, a few dayB. Tbo total
taxation amounts to $10,510.15.
Tho local electric light company
como in last evening for a fair sharo
of discussion. Tho matter camo up
on consideration by tho finnnco com
mittee of a bill for moving two lights,
tho company having charged $5 for
this work. Tho committoo thought this
was too much and refused to recom
mend its payment. Tho 'council, how
over, decided thero was no way out for
ibera and allowed the bill. Then tho
matter of sorvico, the height at which
street lights should bo strung, tho dura
tion and terms of the present contract
nnd other matters relative to tho ilght
ing of tho city wero 'discussed and it
was suggested that City Attorney All
Ted exnmino tho contract between tho
light company and .tho city, and seo
how tho franchise and ordinance and
original specifications of tho original
agreement conform to tho present con
tract, and hero tho matter was droppod
for tho present.
All members of -tho council werp
present except Alderman House. The
session lasted nn hour and a half.
Chamberlain's tho Most Popular
."Wo havo in stook many colic nnd
diarrhoea medicines,." 6oys K. M. White
a prominent merchant,. of .Turtlo .Bayou,
Texas, "but sell moro of Chamberlain's
Colio, Chole,rn and Diarrhoea Remcday
than of all others put together." For
Bale by all druggists.
.STALLCUP FOB HORSE SHOE
ING, WAGON AND CABBIAOE
WORK, NEAR O. K. STABLE.
- fSta.JhLfiU,tui to.j.
Made possible by an enormous
watch purchase. We've J oat
clostd a big deal In watches and
no ut Koing to giro yon tho
benefit of this fortnnato pur
chase. Oar buy Includes tho fin
est medelB of the world's great
est (Watch makers. Special prices
will prevail en overy time piece.
We quote the following two spe
cials Just to ho'w yon the
Gentleman's Open Face Watch,
stem wind, pendant set, Waltham
works, gold filled ease, guaran
teed for 20 years.
OUB PBICE ONLY S1Q.50.
Lady's Plain Open Face Watch,
Boman Satin or Polished Gold.
Just the right size t obe worn as
a Chatelaine, guaranteed CO
OUB PBICES ONLY $10 and $12
Wo have hundreds of other
big bargains in jewelry.
Mindlin Jewelry &
437 N. Broad St.
Globe's Music Store
MASK WALEEB, B. 8.
Chemist, Assayer & Metallurgist.
Boom 25, 211 West First Street.
Los. Angeles, California.
Analyse 'and- assays of- all 'kinds.
Gold and Silver, $1.00; Load. $1.00;
Copper, $1.00. Mailing sacks free oc
Trotter, Becord of 8:14.
Stands at Saute 's Bars
DB. H. A. SOHELL,
Bend broken glasses to be repaired or
duplicated. Next visit to Globs in
Docomber or January.
El Paso, Texas
BOOMS 75c, 91.00 and $130
Conducted in acotrdance with ))
sanitary laws of the States of Toxn.
Tho best oquipped restaurant in the
Southwest. Headquarters for stockmen
and" mining men. '
CHAS. ZEZGEB, PBOP.
THE GLOBE BUSINESS COLLEGE
Suite 27, Trust Bldg.,
Call or write P. O. Box 008.
DoWjtt's Kidney nnd Bladder Pills
aro unequnle'd in cases of "weak 'back,
back ache, inflammation of tho bladder,
rhoumatie pains, and nil urinray disor
ders. They aro antiseptio and act
promptly. Evory enso of kidney or
bladder trouble should bo attended to
at oncCg and tho aahct) in tho back,
rheumatic pains, urinary disorders, etc.,
nro warning signs. Don't delay, for
delays aro dangerous. Got De Witt's
Kidney and Bladder Pills. Regular size
50c. Sold by Palace Pharmacy and
United Drug Co. '
Tho raanngomont of Maurol hall will
givo aj.n)ajsqucradp ball Saturday night,
November 21. Prizes will bo given "for
tbo best ladies and gonts costumes.
Thoso that aro not masked will not be
permitted to dunco until after 11
Tickling and light coughs can bo sure
ly and quickly loosened with a prescrip
tion Druggists aro dispensing every
where as Dr. Shoop's Cough Remedy.
And it is so very, verj different than
common cough medicines. No Opium,
no Chloroform, absolutely nothing harsh
or unsafe. Tho tender leaves of a harm
less, lung healing mountainous shrub,
gives tho curative properties to Dr.
Shoop's Cough rBemedy. Thoso leases
have tha power to calm tho most dis
tressing' Cough and to, soothe and heal
tho most sensitivo bronchial membrane.
Mothers should, for safety's sake alono,
always demand Dr. Shoon's. It ean
with perfect freedom bo given to even 1
too youngest nnbes. Test it yourself!
and see. Sold by Palace Plmrmaoy.
We place on sale our entire line of
Ladies' White Waists
Sizes 32 to 38; regular price $1.50,
$1.75, $2.00 and $2.50.
To get the room and move, the lot quick, we
will sell the entire line at
each, as long as they last v
Globe Cement and
FACTORY AND YAZDS CB. AK AMI WILLOW STBBETS.
P. . BX MB. -
Wholesale ssd retail dealers fn lime, sand, cement, plaster, and tile.
Manufacturers of machlse made emest brick, eeafrasaed hollow em
cxete blacks, paving blocks, steel nfnforced tfntsia, voter table, drain
tile aai sewer pipe.
Contractors for all classes ef ceasut censtructiou, concrete retain
ing walls, foundations, eta, etc.
PLANT RUNNING DAILY
Solicit Investigation and
J. A. WILSON
Stock and Share Broker
Office Martin Bldg.
New York Correspondents: Hayden, Stone & Co.
Listed securities handled on substantial margins
50 per cent advances made on listed securities
Enquire for terms.
We Have Moved
Temporarily to 558 N. Broad St.
We 'Rill occupy these quarters while our new building is being buflt on
tbo site of onr old location at 521 North Broad.
Four Doors North of the Bridge
SPECIAL SEDUCTIONS ON TOILET SOAPS, STATIONEBY, ETC,
IF YOU BUY YOUR
MEATS, FISH, OYSTEBS AND POULTBY-HEBE, you'll get the
cleanest and most delicious food you've ever tasted. Tour appetite wOl
always be good and yon'n relish your meak.
Shanley & Mbunce
WHOLESALE & BETAIL BUTOHEBS
Silver Belt for
A. TL KIHSBOUGH, Secy. & Treas.
Comparison of Product
P. O. Box 1367
461 NOBTH BBOAD ST.