The Minneapolis journal. [volume], April 29, 1905, Page 25, Image 25

About The Minneapolis journal. [volume] (Minneapolis, Minn.) 1888-1939

Image provided by: Minnesota Historical Society; Saint Paul, MN

                
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BUTTER VALUES
MARKET WEAK AT PREVAILING
i FIGURES TODAY.
Eggs Selling Readily and Quotations
rovisions
Sold to a Steady BasisCheese Is
V$y Firm on Cured GoodsVeal la
Showing Better ToneMilk Lambs in
Oversupply and Lower.
Tlfe long-looked for decline in butter arrived
this week. It was considerably over-due, Rnfl
made matters rattle for a dav or two Lucaiy
the local market was not over loaded when the
bottom fell out and shippers willt not experience
miieh 111 effect from the decline here The
enteral run of nanOlera
con8We,r
J^t
vo
4
vrflues have yet settled to their normal basis
frfr the time of year, and, while making the
bftst deals possible to move the goods, aie notten
d/lsposed to tests sales if a slight shading or.
Quotations can keep stocks cleaned up. The
1 toarket is still somewhat higher than same
I Hate a year ago, and values were not con
sidered low at that time No grass butter has
been received as jet but a continuance of
showers will make a great change in the flavor
and natural color of butter marketed within two
weeks. It will take some longei than that
for stock to ayerage full grass, and until then
values can gain no strength from the speculative
buyer point of view Low grades have kept
sold out exceptionally well, owing to the fine
city demand for ladlen and i enovated goods
(luring the extreme btgh prioos ruling on top
graMes in both creamery and dairy makes
Without giving the figures to Influence the
matter oithei way. it nrav he of Interest to
producers, buyers and shippers of eggs to know
that the production of this veai has largely ex
ceeded that of last The arrivals at the
twochoice
larjrest receiving points In the northwest for
the months of March and Apiil show an excess
for 1905 Of neatly a quarter million cases, inis
Is undoubtedly responsible for the lower range
of prices prevailing now as compared with a
year ago. From general appearance it does
.not look as though values would go much it
any lower, as speculative buying is heaw, tne
larger ato-age houses now rpoiting as taking
In from two to three cars a day each
Cheese his not felt tbe ill effects shown by
other dairy products Tr* supply of well-curea
goods is hght, while arrivals of new makes
are not hiw enough to weaken the situation
to any noticeable extent.
Poultry is steady No price changes of im
portance occurred during the week Veal has
not been as heavy supplv and values show
1 a Blight brace on the top grade Wlk lambs
1 -""(Save been Coming little too freely to hold
value* level and quotations average about two
1 cents per pound lower.
Vegetables are active. Supplies of new from
the south are liberal and values on most lines
are seeking a lower level String and waxveal,
beans have been scarce, and are the only lines
that show advances Old stock i cleaning
up rapidlj on all lines except potatoes, and
cabbage and onions show strong advances
Strawberries have shown most Importance
this week Receipts have been coming from
Louisiana, Mississippi and Texas. Weather has
hardly been warm enough for a really satis
factory, trade but values are low and a still
heavier movement is looked for from now
on.carlots,
Arkansas,berries will be in tbe coming -week
and ought to be of oven better quality than
the stock from points farther south, as thev
'will not nave to picked as green in older
Orange* show no price changes but
vhe most
desliable sizes are getting scarcer. Fl"11
grape fruit and lemons are higher The deEggs,
mand for the latter is showing more activity
and will Increase as the weather becomes
warmer. Good keeping lemons bought at
present prices are more than likely to prove
a good investment. Apples are firm and higher
than tt week ago on Ben Davis and Baldwins
Banaim are firm and unchanged in puce.
Pineapples are more leasonable In price, com
ing mere freely the past few days California
cherries ore low for the time of vear, but doextra
not sett freely. Carlots nro expected about the
middU of May Cranberries are dull. There is
some fine stock and a lot of choice that will
have to be moved quickly. Honey values are
gome-tfhat unsettled owing to the heavy offer,
tags of choice .__-._.
GENERAL PBODUOE
dfflcial quotations of the Minneapolis
Produce Exohange, oorrected up to 13 m.
Saturday, April 29.
BOTTHRReceipts yesterday, 15,442 pounds.
Creameries, extras, 24c creameries, firsts, 22c
A Half Million Made
(By Judge Grosscup.)
The Chicago Tribune of
Thursday, April 27, contains a
long article showing how
United States Judge Peter S.
Grosscup had made several
hundred thousand dollars in
the last couple of years by in
stalling electric light, heat
ing, power and street railway
plants in the litble town of
Mattoon, 111.
And this is only one of nu
merous instances that could be
mentioned, to shew toe profits
there are in Electric light and
power concerns.
The Keystone Lumber and
Power Company was organized
a little over a month ago to
develop a water power and in
stall an electric light and
power plant right in the cen
ter and most important part
of the Southern Black Hills.
It has a valuable tract of land
heavily covered with Norway
pine timber.
Work has already been
started and public confidence
has been steadily increasing
in the enterprise. The com
pany Is gradually getting into
strong position.
An allotment of this stock
is now being offered at a low
price, remarkably low consid
ering the value of the proper
ty and the chances for large
profits. It will be to your ad
vantage to inquire about this
enterprise whether you can
Invest a large amount or- only
a few dollars.
George Girling & Co.,
4th Floor, Tempi* Court, Minneapolis.
Comprising a
.majority of
the members
of the late
firm of
U0MALC MA0KAY.
Member New York and Boston
Stock Exchanges.
LATHAM A. FISH.
GEO. D. MACKAY,
Member New York Stook Ex-(
change.
G. TROWBRIDGE HOLLISTER,
and
V. W. KENDRIOK.
Vermilyt
&Go.
Mackay &
Nassau & Cedar Sts^ New York
13 Congress Street, Boston
Dealers In U. S. Government Bonds
and other Investment Securities.
Deposits received and interest al
lowed on balances, subject to draft at
sight.
Messrs, Verner & Co.. Philadelphia, Pa.
Messrs. Thos. Branch & Co., Richmond, Va.
Correspondents Connected by private wires.
GOLDFIELD BOOKLET glTing complete history, production
statistics and S Geological Reports on Gold
nld AVv. the greatest of all gold fields, just
out, the onl-v authentic publication of its kind
out. Indispensable for all interested in mining in
vestments, sent to anv adpress on receipts of 1
eentb in stamps to cover riostage as the edition
Is limited. rite at once tot this valuable publica?
tionTH. A. Riedel, 107 Boston bid*, Denver, Coi
'tfi -%&
1 I 1 I 1 1 1 11 11 1 1
creameries seconds, 10c, dairies, extras, 22c,
dailies, firsts, 18$19e dallies, seconds, lfle
ladles, fusts, 20c, ladles, seconds, 1fic. reno
vated, extras, 22c, packing stock, fresh, sweet,
lbc
EGGSReceipts yesterday 887 cases. Cur
rent receipts rso 1 ase count, ease, $4 40
current iccelpts, No. 1, candled, do*s, I0v2e
dlrt'ies, candled, case, 53, checks, candled, case,
$4 35
CHEESKTwins or flats, fancy, 10c, twins
or flats, choice. 13@13VJC: twins or flats, fair
to jrood 10@lle, old, fancv. 10c. \oung Amer
icas, fancy in quality and regulai in stile, lt
\oung Americas, choice, ll@13c, bilck, No 1.
15lB%o brick. No. 2, 12c, brick, No. 8, b@
9c. llmburger. No. 1, HV4c primoBt, No. 1,
7@7U.c pilmost. No 2. 5c mysost, No. 1,
Sc. pultost, No 1, 9@0%c Swiss, fancy, 190c,
make, luc Swiss taucj block, 14y3@15c, Swiss,
choice block, llS12
NEW EGETABIJES Asparagus, 1 3 bu crate
$2, beets, bu, 40c beets, dos bunches, 90c,
carrots, bu, 60c. Florida celery, crate, $8 50
California celeiy. doz, $1, California celery,
crate, $8, cucumbers, doz, $1 50. egg plant,
$1 75@2, garlic 10@12c. lettuce, leaf, 30c
lettuce, head doz SOe mint, doz, 40c onions,
green, doz bunches, 15c, parsley, doz, 30c, par
snips, bu, 40c, peppers, srecn, six-basket crate,
$4 50, radishes, lound, do bunches, 30c rhu
barb. 40 lb box. 75c. string beans, bu, $4 00,
spinach, bn, $1 Florida tomatoes, six-basket
crate. $5@5 25 turnips, bu, 25c, wax beans,
bu $? watercress, doz **Oe
BUCKWHEAT FLOURBrl, $5 50@6 bales,
10-lb sacks, $3@3.25.
HONEYExtra fancy white, 1-lb sections,
12c, fancv white, 1 lb. sections, lie choice
white, 1-lb sections, 9c amber, 9c goldenrod,
9c, extracted white, in cans, 8%e extracted
amber, in cans, 7c.
CABBAGELarge crates, $3 ton, $35, Cali
fornia, per 100 lbs, $2 75
BE 4NSQuotations Include sacks. Fancy navy,
bu, $2, choice navy, $1 65@t 75, medium navv,
hand picked. $1 75 85, medium navv, fair,
$125, medium navy, Ked and dirty, 65@75c.
brown, fancy, $2, brown, fair to good, $150
1 75
'LIVE* POULTRYyearling roosters, 12%c
hens, 12W. broilers, 1\& to 2 lbs each, doz,
S4@6, old roosters, 6g7c ducks, 10@llc, geese,
8c turkeys, 15c
DRESSED POULTRY (undrawn)Turkeys,
choice to fancy, 16@18c turkeys, culls, 10
12Uc, chickens, hens and yearling roosteis,
to fancj, 1113%C old roosters and
culls, 6@8c ducks, ll@lic geese, 10@12c
PIGEONSTame, live, young and old, dOB,most
Sl@l 25, dead, 60@TOc, squabs, nesters, fancy
selected, live or dead, $2@2 50, small, poor and
thin, unsalable A J14
ORANGESNavels, $2 50@4 Mediterranean
Sweets. $3 25@3 50 seedlings, $3 325
GRAPH FRUITCalifornia, $8, Florida, $6.
LEMONSCalifornia, fancy, $3 choice, $2 75.
BANANASJumbo bunches, $2 75@3, laige
bunches. $2 25@2 60: medium bunches, $2(32 25.
CRANBERRIESBell and Bugle, brl, $8.50
late Howes, $8, Jerseys, bu, $175.
DRIED PEASYellow, fancy, bu, $1 40 yel
low, medium, $1 50 green, fancy, $2 85, green,
medium. $1 10. marrowfat, $2. ._. __
PINEAPPLES24s and 30s, crate, $4@4 25.
ONIONSDry, 100 lbs, $3 Spanish, crate,
$2 50, Bermudas, $2
STR 4.WBERRIES24-pint cases, $175 24-
quart cases, $2 75@3 __._,
DRESSED MEATSVeal, fancy, lb, 7@7y9c,
fair to good, 6c veal, small or overweight,
3@5e mutton, fancy, 6@6Uc, lambs, yearlings,
fancy, 8@10c lambs, milk, fancy, pelts on,
15@16c choice, 12@14c, thin, poor, unsalable,
hogs. 6@6Mc _-.
FROG LEGSLarge, doz, 7@8c medium,
4@5c.
POTATOESBurbanks, carlots, sacked, bu,
25c, Rurals, carlots, sacked, 25c: red stock,
sacked, 20@25c, small lots, 5c more
bulk. 5c less, new, bu, $3 ._,.._
APPLESRoman Beauty, brl, $4 Ben Davis,
$8 25@3 50, Baldwins, $3 50@4 Ben Davis, per
box, $1.75
CHICAGO PRODUCE. April 29.Butter,
steady, creameries, 20@25c, dairies, 20@24c.
steady: at mark, cases Included, 14^o.
Cheese, weak, daisies. 14c, twins. 14c, loung
Americas. 14c Poultry, alive firm turkeys. 14
@15c. chickens, 13c. Potatoes, easy Burbanks,
S4@25c Rurals, 22@24c. tew, brl, Louisiana,
$6@6 50 Kentucky, $125@1.80. V**l. easy
50 to 4c, 6 to 75-lb weights,
41/$@5c60-lb
8 0 tweights, 123 weights5 5@7c
SEW YORK PRODUCE, April 28 Butter
Barely steady: receipts. 3,152 street price,
creamery, 27c, official prices, creamery,
common to extra, 23@27c: state dairy, common
to extra, 2l@26c renovated common to extra,
1725c western factory, common to choice, 19
@23c, western imitation creamery, common to
extra, 23@26o CheeseFirm, unchanged re
ceipts, 1,632, weekly exports, 1,130 boxes. Eggs
Steady, unchanged, receipts, 15,785.
CONSTRUCTIO N IS HEAV
LABOR WELL EMPLOYED AN
THE INDUSTRIES ACTIVE, ESPE-
CIALLY I N THE LINE OF BUILD-
ING.
New York, April 29.Bradstreet's today says:
Irregularity still characterizes distributive
trade, while industry Is active and outdoor con
struction Is of unprecedented volume. The
weather haa been rather too cool for the beet of
crop preparation or germination. Labor is weU
employed, and with the one conspicuous exception
of Chicago, where the teamsters' strike affects
trade and shipments, disputes are below the aver
age for Hay 1.
Prices of many staples have been weak and
unsettled, and cereals, cotton, some kinds of pig
iron, copper and country produce have moved
lower. Railway earnings are good and bank
clearings this week, owing to holidays, axe
smallar than last week's, but heavily exceed a
year ago. Collections generally are rather tardy,
especially In the south. Crop conditions, tho
tbe sason Is backward, promise well as re
gards tho cereals. A heavy wheat yield Is in
prospect
Wholesale trade is seasonably quiet, a feature
being good reports coming from portions ot the
southwest, where business is and has been very
good. IVade reports from the Pacific coast and
portions of! the northwest are likewise favorable.
Southern reports are rather spotted, while at
the east rather better advices come from the tex
tile grades. Well posted authorities claim the
cotton goods trade has emerged from the past
two years of depression. Eastern cotton goods
buying Is strictly to fill Immediate requirements
but in seasonable goods Is in good demand.
Buldlng is active the country over, far distant
points uniting in reports of unprecedented con
struction. Finished Iron and steel are In good
demand, particularly In the west. Raw mate
rials, except coke which Is easier, low grades
beingr a drug in the market, are In active sale
and movement. Petroleum is lower and bitumi
nous coal Is offered at low prices. Anthracite
coal Is still active at the lower April prices.
Shoes have sold better than a year ago,
andUnwashedr
the movement the countiy overt is larger. Hides
are stronger, while leather tends up because of
high raw materials.
Business failures In the United States for the
week ended April 27, numbered 193 against 183
last week, 197 In the like week in 1904, 173 In
1903, 174 In 1902 and 163 In 1901.
In Canada failures for the week number 17
against 21 last week and 24 this week a year
ago
Wheat, including flour, exports for the week
ended April 27 are 1,260,316 bu against 1,242 267
last week, 1,010,850 this week last year, 3,418,-
289 in 1903 and 5,308,155 In 1902. From July
1 to date the exports are 52,308,230 bu against
121,728,847 last year, 137,090,882 in 1903 andFox,
211,339.896 In 1902. Corn exports for the week
are 1,885,766 bu against 2,232,604 last week,
190,193 a year ago, 2,210,155 In 1903 and 128,679
In 1902. From July 1 to date the exports of
corn are 61,263,411 bn against 48,935,499 in 1904,
55,314,863 In 1903 and 24,034,661 In 1902.
REOEXPTS AND SHIPMENTS, APRIL 88.
KccolveO 'Wliea.t 131 cars. 121.830 Ijix, corn.
7,210 bu, oats, 30.d69 bu barley, 20,800 bu rye,
520 bu flax, 1 420 bu, flour. 800 brls, iniHstuffi,
59 tons, hay, 170 tons linseed oil, 60,000 gals:
carlots. 213.
ShippedWheat, 61 cars, 56,730 bu corn, 930
bu, oats, 15,400 bu, barley, 57,630 bu rye, 820
bu flax, 658 bu, flour, 32,267 brls, mlllstuffs,
6S3 tons, linseed oil, 120,000 gals oil cake, 540,-
000 lbs carlots, 348.
WHEAT MOVEMENT BY SOADS, APBXL 28.
ReceivedCarsMilwaukee, 17 Omaha, 14, St.
Louis 8, Great Nortbera, 68, Soo, 6
ShippedCarsMilwaukee, 28 Omaha, 17 St.
Louis, 16, Grea Northern, 2 Burlington, 2\
N CLOSING STOCKS, April 29 Con
lor 90% consols for the account,
80% Anaconda, 5% Atchison, 87%, Atchison
preferred, 103, Baltimore & Ohio, 109% Cana
dian Pacific. 153%: Chesapeake & Ohio, 62%
Chicago Great Western, 22 Chicago, Milwaukee
& St Paul, 1S1 De Beers, 17% Denver &
Rio Grande 33 Denver & Rio Grande pre
terrea, 88%, Erie, -43T4,, Erie ,first preferred
80 Erie second preferred, 67% Illinois Cen
tral, 163% Louisville & Nashville, 149% Mis
souri, Kansas & Texas, 29% New York Cen
tral, 152%, Norfolk & Western, 80% Norfolk
& Western preferred, 94% Ontario & Western,
53% Pennsylvania, 71% Rand Mines, 10%
Reading, 48, Reading first preferred, 47 Read
ing second preferred, 44% Southern Railway,
32% Southern Railway preferred, 98% South
ern Pacific, 63%, TJniqn Pacific. 126% Union
Pacific preferred, 100%, United States Steel,
15%- United States Steel preferred, 102%:
Wabash. 21%: Wabash preferred, 44%. Bar
silver, firm 26%d per ounce. Money, 2@2J/.
per cent. The rate of discount In the open mar
ket for short bills, 2% per cent for three
months' bills, 2 8 16@2% per cent.
CosolLONDOmoneyt
NEW YORK SUGAR AND/COFFEE,
April 29.
Sngar. raw quiet fair refining quiet: crushed.
6 85c, powdered, 6 25c, granulated, 615c Coffee,
steady No 7 Rio. 7%c. Molasses, steady New
Orleans, 20@$5c. Wd&te&&
l^i
x% ~f wW&
NEW YORK OIL, April 29.Ptrleum, quiet
reflntd, all Mrts, 6.80@6.95c.
1 tii*
CARRY THE CATTLE
OVER TO MONDAY
CONSIDEEABLE STUFF STILL UN
SOLD AT THE CLOSE.
Sioux City Had a Week of Unfavorable
Conditions, the Same as Other Mar-
ketsThe Fat Cattle Trade in Bad
Shape Everything in Beef Now
Lower Than Early in the Week
Hogs Also Down "by 20c or More on
All Grades.
Sioux City Stockyards, Sioux City, la April
29 Conditions governlug the cattle trade at
this market bave resulted in lower values in all
branches of the business The stocker and
feeder market opened up the week with 4,100
head on sale and tbe trade ruled brisk at
steady prices with last week's close. Bad
weather later hampered the trade and stocker
values depreciated, closing tbe week 25c lower
than Monday The most of this decline was on
the light steers and heifers running to inferior
quality which were a drug on the market.
Demand for tbe best stockers and strong weight
yearlings went unfilled owing to lack of sup
plies which weie not over a dime lower. The
demand from the country fell off considerably
and the dealers were left with more than the
usual quota of cattle on hand to feed over
Sunday This fact may result in a still further
widening of prices between the interior light
weight cattle and the best grades of atockers
and long yeailings the coming week. As. high
as $4@$4 45 was paid for 700 to 900-lb. steers
of good quality while the bulk of the 800 toquiet,
500-lb. yearlings sold at $3 25@$3.75, In stock
heifers prices ranged from $2 25a$ 80 -with the
of the sales at $2.40@$2 60.
The fat cattle market has been in a demoral
ised condition and values close the week 50c
lower than Monday with a very slow trade at
the decline. On Monday, last, tbe market ad
vanced a dime over last week's closing quota
tions and the market was 25c higher than the
low day of Wednesday of last week. The sharp
declines of Thursday and Friday of this week,
making a total decline of 50e, brings values
down to a "quarter" lower than the low
of last week There has been nothing strictly
choice in long fed beeves at this point and
the best short fed cattle sold at $5 75@$6 with
a fair class of beeves at $5.25@$5.85. Butcher
stock sold up to $5 with the bulk of the week's
marketing at $4g)$ 65 and the inferior cow
stuff at $3 25@3 75. Canners sold from $2.60
@$8 00.
The hog market has also been showing a
downward tendency. The receipts at this and
other points have been increasing and the
general quality of the hogs shows Improve
ment. Hogs close the week selling at $4.90@
$5.15 with the bulk of the sales around $5,
the market showing values 20c lower than
the close of last week. Tbe market at tbe
present time is at the low point of the month.
With the heavier marketing looked for the
coming month, values are not expected to again
show any material advance
ReceiptsHogs, 8 600 cattle, 250.
HogsSteady. Sales 60, 171 lbs, $4.95 75,
260 lbs, $5 07% 60, 289 lbs, $5.12%.
CattleSteady. Sales Beeves11, 1,241 lbs,
$4 85, 11, 1.260 lbs, $5 25 20, 1,820 lbs, $5 80.
Cows and Heifers8, 920 lbs, $3.25 10, 870ket
lbs, $4, 9. 1,120 lbs, $5. Stockers and Feeders
8, 740 lbs, $3 75 14, 820 lbs, $4 16, 920day.
lbs, $4 50 Yearlings9, 320 lbs, $3.10 10,
540 lbs, $3 76, 18, 660 lbs, $4 25.
HIDES, FELTS, FURS, WOOL
REVIEW OF THE MAEKET BY THE NORTH-
WESTERK HIDE & FUE 00.
Hides are strong at last week's advance of
%c. Calf skins dull without change. Tallow
dull, and none but extra choice in good de
mand This shows the Importance of rendering
tallow properly and putting it In good packages,
preferably iion-bound barrels vith two heads.
Altho late in the season, there are a good many
furs coming to market and many poor ones that
ought not to have been trapped so late. Ship
pers are disappointed with returns for such poor
lots, and yet the dealer finds no pro^flt wh6n he
sells them. Some choice lots are coming from
Canada and Alaska, and they, of course, bring
good prices, but even the muskrats are nowYear.
shedding and ought not to be trapped. They
should be allowed to multiply for another sea
son
Wool and pelts in active request, choice lue
dlura bringing from 21c to 28c some extra choice
a little higher. The glowers are delighted with
the good prices they are receiving, the range
being twice as high as a few years ago.
No, 1 No. 2.
Gr. S. heavy steers .10% 9%
G. S. heavy cons 9% 8%
O. S. light hides 9% 8%
G. S. cured steer hides, over 60 lbs..,.10% 9%
G. S, heavy cow hides, over 60 lbs.
G. S. light hides, under 60 lbs 8%
SI bulls, stags, oxen and work
steers 7%
S. long-haired kip, 8 to 25 lbs.... 9%
Veal kip, 15 to 25 lbs 10%
Veal calves', 8 to 15 lbs, each 18
Beacons, under 8 lbs, each 65
Green or frozen, lc less than G. S. cured.
8% 6%
J!8
Horse and mule hides, large, each....$3.25 2.35
Horse and mule hides, medium 2.50 1.75Western,
Horse and mule bides, spall, each... 1 60 1.10
Dry horBe and mule hides, each..*. 1.50 1.00
Indian bandied, over 18 lbs 17%
Montana butcher bides, short trim,
heavy 16%
Montana butcher hides, snort trim,
light 16%
Montana butcher hides, short trim,
heavy 17%
Montana butcher bides, short trim,
light 18
Indian stretched ..13
Montana calf, urder 5 lbs.... 19
Montana kip, 6 to 12 lbs ,..16
Iowa, Minnesota, Dakota and Wiscon
sin Sides 13
Dry bull hides 12
Dakota and Wiscocain, under 5 lbs... 17
Kips', 6 to 12 lbs 14
Dry salted hides, all weighta 12
Wool
ULWPBhed, fine .........16
Unwasted, fins medium... ,...18
Unwashed, medium, to %-blood. ..20
Unwasted, coarse 20
Unwashed, burry, seedy, chaffy, me
dium coarse 18
broken lots, medium ana
coarse .18
Tallow, in cakes.*, 4%
Tallow solid 4%
Grease 3%
Beeswax, yellow, No. 1, clean
Beeswax, dark 20(g
Ginseng, dry, godo to choice, a llsee
tlons, spring ?5.75
Seneca rott, dry, good....r% .62(3
Seneca root, dry, poor 50(g
Bear, black, brown or grizzly $7,766
Bear, yearlings and cubs... 2.00{j
Beaver 8.00
Beaver, kits 2.00Q
Cat. wild 65fi
Fisher 2.50
black and silver gray.. 25 00
Fox, cross 3.006
Fox, red 200g
Lvnx 250
T.BOli 2.60ri
250(i
2.00^
W
.07d
S 75(i
Marten, dark
Marten, trown or pale.....,,..
Mink, dark
Mink brown
Muskrat, winter
Muskrat, spring
Otter Raccoon
Skunk, Mack and short stripe..
Skunk, narrow and long stripe...
Skunk, bioad stripe and white..
Weasels 20i
Wolf, timber 2 00i
Wolf, brush and prairie, cased 1.25i
These skins are for prime or No. 1 skins No.
2, No. 3 and No 4 In proportion.
.90
.70 .45(5
PROVISIONS
CHICAGO PROVISIONS, April 29.Buying by
shorts created a fairly steady tone in provisions.
Smaller receipts of live hogs started the cover
ing. July pork was unchanged to 2%@5c high
er, at 512 05@12 07% to $12.10. Lard was off
5c, at $7.22%. Bibs up 2%c, at $7.10.
Close. Pork. Maj, $11.85. July, $12.15 Sep
tember, $12 37%
Close- Lard, May. $7 05@7 07% July, $7.25
September, $7.40@7.42% October, $7.87%.
Close: Ribs, May,
7 15, September $7 95
$6.82%,
NEW YORK PROVISIONS, April 29.Beef,
strong family, $13.50@14 mess, $11@11.60
packet, $12.50@1S. Pork, quiet mess, $13.25@
13 62% family, $14.50@15 short clear, $13@
15. Lard, easy, prime western steam, $7.40.
BOSTON MINING STOCKS, April 29.Clos-
ing quotations, yesterday's market Adventure,
3%@4 Allonee, 20%@21. Arcadian. 1%@1%
Atlantic, 14@14% Bingham. 31%@32. Calumet
& Hecla, 650@655 Centennial, 18%@19, Con
solidated Mercer, 89@40: Copper Range Consoli
dated, 72@72% Daly West. 14%15: Dominion
Coal. 77@78. Dominion Steel, 5o%@21 Elm
River, 2%@2%, Franklin. 8%9 Granby, 5%
5%. Guanajuato. 5%@5% Greene Copsolldah^
27@27% Isle Royale. 22%@22%
9%, Mayflower. 1% asked Mfcbigi
MOhawk 49%a50 Old Colony, 1(
minion, 23%24 Osceola. 95Q96 Farrott, 36
abked- Phoenix. 1%@1% Qutncy. 100@105
Rbode island. 1%1%: Shannon Copper Cojn-
7% Swift & Co. 108%
120 Tecnmseh, 22%
United States Mining, 31%,i*
arrack, U5@r*-:
pany.
"W11 i i ""i 111 1
A WEEK OF CONTINUED DECLINE
IN EVERTTHTNO.
South St. Paul Windup Shows Veals
50c to $1 Under Recent High Points,
Bulls 50c Lower, and Butcher Stuff
25c to 60c OffHogs Just as Bad,
and 25c Of for the WeekSheep and
Iiambs Also on tbe Slide, Despite the
Light Receipts.
South St Paul, April 29 Receipts of live
stock at. toe South St, Paul market for the
first days of this week total 7,698 cattle, 1,865
calves, 17,698 hogs and 1,113 aheep, compared
with 8,990 cattle, 2,081 calves, 17,524 hogs
and 2,809 sheep the preceding week, and 3,139
cattle, 830 calves, 19,389 hogs and 5,029 sheep
the corresponding week last year.
Cattle receipts have been moderate but in
spite of that fact there were declines in all
classes Of killing stuff with the exception of
fancy fat cattle. Packers being overstocked
wih beef, and having a limited outlet for their
product, were not heavy buyers during the
week, and the result was that prices began to
fall at the opening, and the decline continued
thruout. Values are from 25 to 60 cents lower
at the close than they were at the recent high
time. The quality ot the offerings haa fceen
of common to medium grade, and the demand
being light, the market has been generally
the snap that was the feature of the
trading for several weeks back being entirely
lacking. Beef and butcher steers sold as high
as $5 85 on Monday, on Tuesday the top was
$5 65, on Wednesday nothing went over ?4.50,
Thursday nothing sold over $5, and Friday a
bunch of western stuff brought $4.75. Butcher
cows and heifers have had a wide range, good
stuff holding fairly steady until tbe middle of
the week, when declines were noted Canners
and cutters have been on the market in large
numbers this week, and sold down in sympathy
with better grades. Bulls have ruled weak and
some spQts were 25c lower. Veals have been
very quiet and declined 50c on good kinds and
$1 on common to poorer grades.
Stockers and feeders have generally been quiet
during the week, traders repotting a very un
satisfactory market. The bulk of the supply
has been of the common class, while orders
have specified the better kinds of stock and
feeding steers, feeding cows and stock heifers.
Values declined generally on all kinds of stock
ers and feeders in sympathy with the beef trade
and the drop has been from'25@50c. There
is no lack of demand for good feeders, but that
kind has been scarce. Traders report that good
feeding stuff will find a ready outlet.
Hogs With the exception of Monday each
day of the week has seen declines in hog
values, and the close of the week finds the
market 25c lower than at the close of last week.
Influenced largely by the speculative grain and
provision markets the decline has been contin
uous. Following last Saturday's market, which
was quoted steady to strong, Monday opened
Strong to 5c higher, and Tuesday opened steady
but values dropped a nickel. On Wednesday
two declines came In the session, and tbe mar
was left 10 to 15c lower. The decline
has continued, a nickel being dropped off each
Shippers who have been on the market
during the week with mixed loads that have
not been properly partitioned, have lost 10c per
hundred, buyers insisting upon the discount,
because of bruises sustained by the hogs shipped
la that way. The general tone of the market
is bearish, and with the prospects of increased
Shipments, further decline* may be expected.
Sheep The market during the week has
been very quiet, not enough being offered to
furnish a test Prices on common to medium
sheep and lambs have declined 25 to 60c. Pack
ers have drawn their supplies from the feed
lots on contract, and the arrivals have largely
gone to the feed lots
Estimated receipts at the union stockyards to
day: Cattle, 790, calves, 60 bogs, 1,400 sheep,
25, cars, 56.
The following table shows the receipts from
Jan. 1, 1905, to date, a coarpared with the same
period In 1904:
Cattle. Calves. Hogs. Sheep^
1905 ...86,054 13,100 337,633 188,282
1904 ....47,664 8.870 347,126 237,750
Inc .....88,890 4,230
Dec 9,473 46,468
Tbe following table shows the lecelpts thus
far in April as compared with the same period
in 1904:
Year. Cattle. Calves. Hogs. Sheep. Cars.
1905 ....30,422 5,216 68,881 10,521 2,038
1904 ....13,080 2,965 59,543 18,950 1,810
Inc 17,342 2,251 8,638 728
Dec 8,429
Official receipts for the past week are as fol
lows* Datel.
i
11%
Mass, 9%@
112%
Do-
fritted States Oil. 9H9%,
t'jandot. 1070)108.
Cars.
8,266 7,139
1,127
Hpgs.
2,031
2,209 1,553 3,187 4,750 2 706
2,632
Cattle.
Sheep.
60 Calves9 Apri 21 ...1,46 7
July 22 214
April 24 ...2,601
April 25 ...1,694
April 26 1,237
April 27 ...1,092
April 28 774
Railroads
enteriniff
Cars.
87
35
127 104 111
79 6'
15
54
456
63
420
221 1C3
*ii
121
600
15
266
the yards reported receipts
for the day by loads as follows1
Chicag Grea
2 Chlcaga, Milwaukee & St. Paul, 1,
Chicago, St Paul, Minneapolis & Omaha, 12,
Great Northern, 41 total, 56.
Disposition of stock Friday, April 28
Firm Cattle. Hogs.
Swift & Co 366 2,514
W. B. McCormick.... 19 21
W. Bronson 19
glimmer & Thomas.., 44
F. Evans 2n
J. B. Fitzgerald 59
Other buyers 3 36
Country buyers 740
Sheep.
1,093
3
1,096
Total 1,270 2,571
HOGS
Date AV. Wt.$5 Av2.3Cost. PriceJtange.'
April 2 1 19 5
April 22..A 203
April 24 203
April 25 204
April 26 204
April 27 207
April 28 195
HogsSteady to stromg
Average quality fair
?5 20(?25
5 15fi!5
5 20fi
5.15^ 5 00
5 00C
4 95615.10
5 26
5.28 5.24% 5,14 5.06 5.01
40
to $5 12% bulk, $5 to $5.05 ltgnt and light
mixed quoted at $4 90 to $5 05, mixed and
butchers, $5 to $5.05 heavies, $5 05 to $5 12%.
As compared with a week ago, prices are 25c
lower
Hogs90, 244 lbs, $5.12% 103, 204 lbs, $5 10:
59, 179 lbs, $5 10, 62, 227 lbs, $5 10, 93, 186
lbs, $5 05: 68, 208 lbs, $5.05 48. 224 lbs, $5 05
95, 179 lbs. $5.02% 101, 189 lbs, $5 02% 72,
181 lbs, $5, 83. 180 lbs, $6 89, 144 lbs, $4.90,
62, 200 lbs, $4 90.
Underweights and Roughs2 r. 70 lbs, $4 60,
3 a r, 376 lbs, $4 60 2 r, 300 lbs, $4 60 2
r, 410 lbs, $4 50, 3 r, 400 lbs, $4 50 1 Stag,
850 lbs, $4, 2 Stags, 480 lbs, $4 2 stags, 570
lbs $8 75, 1 stag 400 lbs. $3.75.
CATTLEReceipts fairly liberal for Saturday.
Market very quiet. Prices steady with week's
decline. Bulls and veals steady. Stockers and
feeders slow and steady with week's decline.
Milch cows very dull and $5 lower for week.
Butcher Steers3, 1,826 lbs, $4.50.
Butcher Cows and Heifers2, 1,295 lbs, $4 2,
1,160 lbs, $260, 2. 925 Uw, $2.75.
Cutters and Canners3, 1,080 lbs, $2.40 2,
205 lbs, $2 25
Butcher Bulls1, 1780 lbs, $3.
Veal Calves1, 140 lbs. $4 5. 352 lbs, $2 50
2, 175 lbs, $2 2, 145 lbs, $1.75
Stock and Feeding Steers4, 786 lbs, $3 50
3, 856 lbs, $3 50 16, 504 lbs, $315 2, 756ing,
lbs $3
Stock aTid Feeding Bults2 I.IOS lbs $2 75
SHEEPReceipts very light. Market very
quiet. Supplies of packers, diawn from feed lots
crossed tbe scales at prices ruling steady with
the week's decline Sales included shorn west
ern wethers at $4 75. Sales:
Killing Sheep and Lambs449 shorn western
wethers, 105 lbs. $4.75
Among the shippers on the market were: C.
O'Brien, Degraaf S. A. Dillbert, Russell A. J.
SchlUIng, Delano, W. Korpal, Launton A. D.
Sackett, Janesville State Bank, Vesta Thomp
son & Co. Morgan Dunham & Co.. Redwood
PaUs White^ MarshaU. Ryan & Co Water
ille J, J. Hughes, Lake Crystal, Gaulson. & Co.,
Milan M. gkrumstad, Goodhue G. Rolf, Mayer.
OMAHA LIVESTOCK, April 29CattleRe
ceipts, 100 market unchanged beef steers, $4.40
@625 cows and heifers, $3.50@5.10 calves,
fim
HogsReceipts. 5.700 market generally
strong light, $5.07%@5.15 pigs, $4.75@5.10
bulk of sales, $5 1C@5.12%
SheepReceipts, SOO, market strong, steady
Sheep, $4.75@6 lambs, $6.60@7.25.
GRAIN TIRADE GOSSIP
Jackson wired Watson: The Chicago gossip
on May corn is that the holders of that delivery
are going to demand the fulfillment of con
tracts The intention is said to be to ship the
corn away from Chicago. The same story was
well distributed on the May wheat deal, while
it is possible that the people who have May
corn bought, and should stand on It and ship
the corn from here, It Is not quite plain wherein
there is to be much profit in the transaction.
The mere transfer of corn to some other point
does not mean that It can be sold. An adfair
vance in May corn will mean an increase in
receipts With the splendid weather for plant
ing and starting the new crop, farmers will
be quick to take advantage of an advance here
Tan- to sell their ol corn. In our
opinion*p
lnitv. 8" has"T*en"iand"idand
7
8
Victoria 3%4\1: WIriopa: 1J*^812% Wol
verlne. 107Q10S: W
all tha
mmm
MINNEAPOLIS JOURNAI*. 'April "29/^ 1905.
LIVESTOCK PRICES |NEW YORK'S BONDS
SHOW HEAVY LOSS HARDER TO SELL
SYNDICATE STILL OAEEYING
$16,000,000 OF PREVIOUS ISSUE.
Wall Street Not Quite Sure About the
Harriman PositionGates Reported
to Have Made Up in Stocks a Crood
Fart of His Losses in the Wheat
Corner The Monetary Situation
Highly Favorable^Gossip of the
Street for the Week.
Special to The Journal.
New York, April 29 Much comment has
been aroused by the fact that the bids for the
recent New York city bond issue pf $20,000,000
have fallen off moie than 1 per cent. It is
said that the bond market has latterly been
well stocked, if not overstocked, with securities
of this class, especially with the "city stock"
of New York, and in the face of this neither
dealers nor investors could reasonably be ex
pected to offer 102 40, as they did at the last
salethe pi Ice in consequence falling to 100 712
for the bulk of this last Issue. Incidentally It
may be remarked that the pjndlcate which took
the majoiity of the previous high-premium issue
has still on its hands about $16 000,000 of these
city bonds, the plain inference being that it
cannot easily place them profitably under the
terms of Its purchase, in other worop, a premium
Of $2.40 on the hundred dollars was too high.
Furthermore, the marked activity in the bond
market in recent months discloses that first
class 4 per cent bonds are in fairly good supply
at prices which net the owner better interest
returns than the New York 3 The credit
of New York is as gilt-edged as ever, but she
hasn't a mortgage on all tbe "good money" in
sight.
Wall street did not quite know whether to be
reassured or to take fresh alarm over the posi
tive assertions that a combination to restrain
tbe ambitions of E H. Harriman bad been
formed among other high railroad financiers.
The Harriman stocks, and in an only slightly
less degree the stocks of other railroads con
cerned in the western railroad situation, were
closely watched but afforded little indication on
which a construction of any kind might be
placed. Union Pacific was bought freely by
brokers generally credited with representing
Harriman but as they have been among the
lieaviest sellers, in the recent past, their busi
ness this week had little direct beating on the
questions at issue. Pending more definite indi
cations, brokers were inclined to believe that
while pressure might have been brought to bear
upon Harriman to curb his instinct of domina
tion, it was wholly unlikely that any serious
break had occurred between him and the Stan
dard Oil party, without whose assistance, it
is believed, he would be unable to maintain bis
position. It is currently reported that tbe
Moore Bros, sold 800,000 shares of Union Pa
cific stock at private sale to the Harriman in-
torGsts
The Waldorf Crowd.
There is still considerable uncertainty in the
minds of the Waldorf-Astoria clique with re
spect to the immediate future of the market.
It seems to be generally expected that there
will be further liquidation and further short
selling. No one can be found who is bearish
on business and monetary conditions. It is
pointed out, however, that the developments of
tbe last ten days are not conducive to general
conQaence, and that these conditions may pro
duce still further unrest with respect to the
stock market. One man who has been regarded
as a prominent factor In the market for some
years expresses his opinion briefly by saying that
he Is bearish on the position of the market and
not on general conditions. One feature of the
market which has attracted attention and caused
much favorable comment is the excellent absorp
tion of all stocks offered. It Is believed that
these securities have been taken by powerful
financial interests who expect, of course, to
realize handsome profits on them. It is believed
also that these men expect to get these profits
within a comparatively short time.
Apprehension that tbe Milwaukee bank episode
might bring In Its wake a trail of consequences
such as followed the Harper defalcation in
Cincinnati was dispelled by the unieserved man
ner in which the Chicago banks extended sup
port to the financial institutions of tho Wiscon
sin metropolis.
Stories that John W. Gates has lost millions
must be taken with reserve Gates has cer
tainly lost money in grain but he has made
up most of the loss in stocks. Foreseeing his
difficulties In grain, he went heavily short of
stocks and came out about even. Gates is a
"slick article," and speculation Is his busi
ness. There were signs as long ago as the
middle of last week that the corner in May
wheat had been abandoned.
Hill-Harriman Deal.
Rumors have been current that an under
standing has been reached between the hostile
Harrlman-HIH factions, which, however, find
little credit in the best quarters. It hardly
seems probable, however, that tbe large Inter
ests in Wall street will countenance a move of
either party calculated to carise disturbance in
the financial world, tho the H1U interests cer
tainly appear to have the upper hand at the
present moment.
The money situation continues satisfactory to
evervbody excepting the banking community,
Which is not making the same profits as dnringr
the previous business boom, when Tates ranged
materially higher. Of course, it may be that
business requirements will reduce the available
supply of money and by so doing cause higher
rates. But for the next few months it is gen
erally believed that merchants have made ar
rangements for the necessary requirements.
S. S. Schroff.
THE "CORNER" A
*5 35
)5.37VJ
30
!5.15
i Receipts verv light
Prices range from $4 90
livestock nrices with the new wo In th lights $4(|noneLIVESTOCK. 6 10 butthern and best KM0
31%81% has been discounted. It looks like tacll|rin BogsReceipts 700 market steady pi and
ground on tune the month of June wfll
conTselling at a lower tovaV
1, hii#K'}*,
nav
CURSEwilmsbe
A CHICAGO BOARD MEMBER AND
THE EASTERN FINANCIAL
PRESS GIVE FORTH SOME
WITHERING COMMENT.
In a complaint filed by Robert H. Thoburn
against some fellow members of the Chicago
Board of Trade for "attempts, at distortion,"
Mr. Thoburn says that during the past sir or
seven years there has been a regular epidemic
of corners and attempted corners on tbe board
of trade, and these attempts still continue.
The machinery of the board, which was denearest
signed originally for legitimate purposes to
facilitate the marketing of the agricultural
products of the west, has been seized hold of
by unscrupulous men of great wealth, and
prostituted by them as a means of carrying
on huge gambling operations in direct violation
of the criminal statutes of the state, to which
operations the legitimate interests of the board
and its members are sacrificed. The result has
been enormous losses to members of the board
and their customers, and the present paralysis
of business from which all members are suffer
as well as tbe growth of a conviction
thruout the country that the Chicago Board
o* Trade la nothing more than a hnge gambling
Institution, in Which legitimate business plays
as Insignificant a part as the tail of the flog.
It is about time to call a halt on these deals,
and the first step to take is to expel from
membership a few of the most notorious law
breakers.
A conspicuous example of the harm that may
be done Is seen In the fall of the bank presi
dent of Milwaukee, says the New York Journal
of Commerce, who tried to save himself by
using the bank's funds and only brought ruin
and disgrace upon his own head If a man in
bis position could tie enticed Into speculation
until the fever so possessed him that he could
betray his trust and become a defaulter, what
may have happened with the weak and obscure
whose losses and crimes are covered up?
The regular exchanges, which are estab
lished for the purpose* of facilitating legitimate
dealings, whether in commodities or securities,
should take stringent measures to prevent those
operations which involve a cornering of the
market, ^t Is their toleration that brings all
speculative dealings into discredit and even
affects injuriously the whole system of ex
change trading, making It a subject of fre
quent attack on moral or economical grounds.
CHICAGO LIVESTOCK, April 29 CattleRe
ceipts, 200 market steady: good to prime steers,
$5.75@6 50 poor to medium, $4 25@5 40 stock
ers and feeders. $2-75@5.25 cows. $2.75(3)4.75
heifers, $2 50@5.50 canners, $1.60@2.40 bulls,
$2 5004.75, calves, $3@5.75.
HogsReceipts 8,000 Monday, 35,000 easy
mixed and butchers. $5@5.80 good to choice
heavy $5(3)5.30 rough heavy, $4 50@4.95 light,
$5@5.27%, bulk of sales, $5@5 25.
SheepReceipts 2,000 sheen and lambs
steady good to choice wethers, shorn, $4 60@5
to choice mixed, shqrn. $4@4 50, western
sheep, shorn, $3.50@5 native lambs, shorn, $4
@6.50 western iambs, $6.75@7.40, &%:
And5.25.
ST. I.0VI8 29.Cattle
~itU i Vulltt in" the situatiote -Receipts, none saleAprilheavy,
packers, $6@6.15. ,J|-*.
heRecalnU. now: none oa salt, lak?*
^r
the ?$V*J ^IHS^^
The Hearst-Jaggers
Gold Mining Co.
(Incorporated, Fmbrumry. 1905.)
CAPITALIZATION, $1,000,000.00.
1,000,100 Shares. Par Value $1.00. Fully Paid and
Non-Assessablt.
TREASURY STOCK, 300,000 SHARES.
OFFi&ERS:
GEORG E WINGFIEU), Mine Owier, leoopab, Nev.,
f. J. DOUGLASS, Mine Owner, Tonopah, Ne?.,
JOHN S. C08K, Banker, Goldfield, Ne?.,
DIRECTORS:
tn
TOi?V1^age^8
GEORGE W1NGFIELD, V. J. DOUGLASS, JOHN S. COOK, L. BLEAKMORE,
GEORGE MUMS, f. B. LANG.
of $50,000. The cornpany holds on gen
**rv
4 yr~ g-^**g
Pursuant to the order of the Board of Directors, for the pur-^y
pose of providing funds for enlarging its operations and facilitating.^
the development of the property, the Hearst-Jaggers Gold Mining
Company offers for sale 100,000 shares of treasury stock, of the par $--^
value of $1.00, at 15 cents per share, payment to accompany sub-
scription. ft
Subscriptions will be received at the office of Mims-Sutro Co.,-f
fiscal agent,'Goldfield, Nevada, and stock certificates will be issued by e?,
it. Th company reserves the right to withdraw this offer at any time ^45
In case of over subscription, stock will be allotted in the order in
which the subscriptions are received.
A NETWORK OF MINES
Unlike most of the gold mining properties that have later turned out to be Vf
producers or non-producers in Goldfield and its immediate vicinity, the Hearst-
Jaggers group of mining claims can be said to have a developed network of
gold mines before the company itself has spent a dollar on development work.
The Hearst-Jaggers property stands out as one of the few that at the be-^
ginning of its development by a mining company has guaranteed immense depos-
its of gold-producing ore. In this class is the great Combination mine of Gold-
field, which is paving dividends at the rate of $960,000 per year. Before that
property was turned over by Lucien Patrick to the company which is now
further developing it, shafts had been sunk and shipping ore had been blocked
out. The same may be said of the great Florence mine of Goldfield, out of
which thousands of tons of ore are being taken now before a company has been *Z
organized to take it over.
THE MINE OF HIS LIFE
The Hearst-Jaggers Gold Mining Company takes its name from the locator
of the property, Tom Jaegers, and from the W. E. Hearst claim in the center of
gr,uPi
so named by Mr. Jaggers when he located the same three years ago.
The property is situated thirty-three miles southwest of Goldfield, in Tule
canon. It consists of seven full mining claims, or 140 acres. 4
The claims are named as follows: W. R. Hearst, PolarnStar, Valley View,'
Crescent, Last Loaf, Stray Horse and Leopard.
A water well 90 feet deep is located 120 yards from the tunnel on the W B.
Hearst claim of the Hearst-Jaggard property Wood is to be had at from $5.00 to
$7.00 per cord. Charcoal can be had at 50 cents per sack from the Indians. A 20-
stamp mill can be built and put in operation for $20,000, and in the opinion of the 2
company's mining- engineers who have examined the property, sufficient ore can be
taken out of the mine to keep this mill going for at least a generation. These are
indications from the development work done so far However, in the opinion of the &
company's engineers, sinking of the main shaft 60 feet farther will take it to the
water level, and there it is expected even better results will be found At that depth A
it is believed that the leads of the other claims owned by the company v*ill forma
junction with the W. R. Hearst, Polar Star and Valley View. It is a compact group, j^
and the claims have been located with the utmost care, in order to prevent fractions a*
beingr located by others to separate the workings
If the sage opinion of these mining engineers is borne out and deposits increase S
with depth, it is no exaggeration to predict that the Hearst-Jaggers will turn out to J|
be the greatest producer on either side of the Sierra Nevada mountains. s& f\
At an expense of $6,000 this property can be developed up to a point where a mill 1FJ
can be considered, and the directors of the company have decided that the first
16,000 realized from the sale of stock shall be so employed. Work has already com-
menced and the shaft will be sunk 300 feet in other words, 250 feet deeper than the
present shaft. When that has been accomplished, a cross cut tunnel will be run
fro the bottom of the 300-foot shaft, in a westerly direction to cross-cut all the
vein of this group, except the Crescent. This prospecting will show up the true ex-
tent of the Immense deposits. Drifts will be run on the lead, and then calculations
made correctly as to the amount of ore tonnage and the size of the mill that
will be necessary to reduce the ore.
IN THE HEART OF GREAT MINERAL BELT
The Hearst-Jaggers group of claims are located on low foot hills. The altitude
at this point is 3,200 feet.
The property lies three-fourths of a mile from the border line that separates Ne-
vada from California.
Bullfrog, the great new gold district already famous, which is 70 miles south of ,J
Goldfield, JieB 38 miles southeast of the Hearst-Jaggers.
The Hearst-Jaggers is situated within a few miles of a direct line drawn north
and south from Carson City, Nevada, to the Searchlight gold district in California, i
and may therefore be said to be centrally situated in the heart of Nevada's newly %A
discovered mineral belt, in which are found Tonopah, where $150,000,000 of gold ore j*
Is blocked out Goldfield, which shipped $4,000,000 in gold in the first year of its hie-
tory, or a million dollars worth more than did Cripple Creek In the same period and -g
Bullfrog, within six months of its discovery, has found it profitable to cart to tne
railroad station, 105 miles away, at a cost of $90 00 per ton for drayage, toM
^lthta'BO daysPthe
r~l-T ^T-^N^"
dtecoverer, after an arduous career i the early mining I
days of Colorado, in which he profited to the extent of $200,000 on mining claims
he had located, went to Arizona, from whence he traveled to California over the
mountaxns, and then into Nevada. In 1895 he had been prospecting at Haw-
thorne^ Nev., when he struck a southern trail. After he had traversed over 100
miles, in which he spent seven months, and had prospected thoroughly every inch
of the ground on the road, he located the Hearst group, now possessed by the
Hearst-Jaggers Gold Mining Company.
Here ise Mr. Jaggers' report on property. He says:run
I
developed the propertthe as follows I have drifts and raises
from the xace of a tunnel upwards and longways with the lead, and I have found
gold all the way for a distance of 50 feet upwards, and 50 feet southerly, which
shows the presence of immense ore deposits.
At a depth of six feet from the surface, a vein is now uncovered wfbich
runs northerly and southerly 4,500 feet. Assays of ore extracted from this vein
show values as high as $987 per ton gold, and some silver. "Z
Out of the Crescent claim I have extracted ore by running a ditch, in no
Place more than ten feet deep, the ore from which ran $162 per ton.
On the Last Loaf claim I have arrastraed several tons of ore taken from
the surface. They went from $27 to $49 per ton.
"On the Polar Star I have arrastraed one ton that assayed $58.
I arrastraed nothing on the Valley View or the Stray Horse, or on the
Leopard claim, but as your engineers have already reported to you, there are
ledges carrying free gold in every one of these.''
Mining engineers employed by the Hearst-Jaggard Gold Mining Company
who have examined the property more than bear out the veracity of Mr. Jag-
gers statements as to the ore values and as to the character of the development
work done.
IMMENSE ORE BODIES
raliroad Into Goldfield will have been completed, and then the
Hearst-Jaggers property will lie relatively as near to Goldfield from a shipping stand-
Dotnt &B Goldfiefd has been to Tonopah during the first year of its existence, when
it has found It profitable to ship $4,000,000 worth.
ft DIRECTORATE OF FAMOUS MINIM MEN
amaJS^e^S^on a SitSS ^SSS^^SS^^Sja
mlnw*f
&^S I
the original owners of the how famous Montana Tonopah mine when was notita
mofeTnasandy stretch of desert, and gave no surface indications of ever be-
SKagre^mtae. Dousrlasa' opinion that on account of Its, gfrmphlcai i*.
Sten, itWUia at a level Of 600 feet show immense ore b^s SkirftE
Konah mine which owns the Mizpah ledge, haa^ been^dkated^ wvd s^kfcj the $
ronooah Midway, whicE-has also materialized ^'W^^^JTi
vSoomTnt stock in the Tonopah Midway was marketed at a shorter price than
PRESIDENT #f
VICE PRESIDENT
TKASUMR
3
^^^Z^Bank of Carson City and Tone-
for a longtta^yWjr JgJgJ* S^tiSmK finance. His iwceptance of
t^tre^u^sSm ot ^SfSSSSSm^morm for the company an honest admto-
^^a^chX'payaWe to Mims-Sutro Co., fiscal
our mSaTL^nSJm to telegraph tneir reservations, if possiUe, and to I
their remittances follow by mail. Address,
MIMS-SUTRO COMPANY,
^IfFiscol Agents, itMtM
GOLDFIELD, NEVJr
^There is an ari In writing a Journal want ad for a servant. Many servant*
arrihSy emploxeS but afl? looking for better positions. State th advan-
lagei th,isttWjiyj( offer when you advertise.
Uffless you do-soyour ad may be read by hundreds of capable persons
who will not heed it because it Is not attractive enough to warrant the trouble
of investigating. _, v
t- -s
I
ii