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THt SISBEE DAILY REVIEW, BISBEE, ARIZONA, SATURDAY MORNING, AUGUST 26. 1905. mining, Stocks and markets LATEST TELEGRAPHIC INFORMATION UVELY BIDDING ALONE BRINGS OUT STOCKS YESTERDAY'S MARKET HAD A GOOD UNDERTONE. Junction is Clo&elv He!d North Butte Declares Dividend cf SO Cents for Snare C. & P. and P. D. In Consid erable Demand. (By Frank J. Graf.) Bisbce, Ariz., Aug. 25, The stocks In today's market show ed good strength and eastern advices are that higher prices will be had all around. Stocks were scarce today with little changes in the asked prices and with a slight Improvement In the bid price. All through the market has a strong undertone, with none of the stocks being offered too freely Mid lively bidding Is required to bring out the stocks. Junction, Calumet & Pittsburg and Pittsburg & Duluth were In for the public demand, with considerable of each being bought up. Bids of $99.50 do not bring out Cal muet & Arizona, which holds at $101. In the face of a dividend this stock should take on an advanco very short ly. $30 was paid for Calumet & Pitts burg with little offered at the price. Jake Superior & Pittsburg holds strong at $34.73 asked, with bids of $34 failing to bring out the stock. At $21 Pittsburg & Duluth- Is in good de mand, sales being made at $21. June tlon slock Is becoming scarce, a few shares heing pipked up this morning at $94.50, and at the close a rew snares were had at $94. Bids of $93 can not buy the stock which Is held pretty tight by eastern holders. The follow' lng reached us today regarding North Butte: A quarterly dividend of $200,000, be ing fifty cents a share on outstanding ttock, has been declared by the direc tors of North Butte, to be paid out of the surplus earnings, payable on Sep tember 30, to stockholders of record at the close of business September 12. Books closed from September 13th to September 30th, both inclusive. The company Is earning with its present facilities about $C per share net year ly, but the directors think advisable to have reasonably large surplus to take care of Us options to purchase other claims for development work. Divi dend rates "will be Increased from time to time as fast as conditions war rant. The above should certainly have a good effect on the stock. Denn had another quiet day of it, with plenty of stock offfered, but no bidders. Sales were made In Warren at $12. with. $14 asked. At $12 there is little to be had. American holds at $13 'bid, -with nothing asked. Manhattan is dead with $8 asked. with no trading. Chirlcahua holds at $12 bid with little stock offered. Greene made another advance of J 1.00 today. Bisbee and Miscellaneous, Bid. Asked C. & A $ 99 501 C. & P. 29 50' L. S & P. 34 00 P. & D 20 25 Junction 93 001 North Butte . 34 50 Denn-Arizbna ... ..... Manhattan 13 00 3 00 14 00 Blk. Mnt. 4 001 Warren 12 00 American 13 00 Chirlcahua 12 00 Shattuck Saginaw 22 00 13 00 Greene Con 27 00j Greene Gold 4 50! o THE BENSON SMELTER. Doan Merrill, one of the prominent citizens of Benson, was in the city yesterday on business before the board of equalization. Mr. Merrill Is one of the stockholders in the Southwestern Smelting Company at Benson. In con versation with a Prospector reporter, Mr. Merrill stated that the affairs of the corporation had been straightened out and that the company would be gin active operations within a few weeks. The company has an abundant supply of ore and coke on, hand to keep the furnaces running a number of weeks, and there Is plenty of ore In the surrounding country to Insure a continuous supply for all time. Mr. Merrill further stated that during the past few weeks several prominent cap italists of the Territory had been, In duced to Invest In the enterprise, and that the company would have their financial backing, which will place it In the best of condition. Prospector. o NUMBERS ORDERED FOR CITY. Will Cost $275 Cost of Putting Them on Houses Will Be About $75 More. City Clerk Hicks has been Instruct ed by the Council to purchase six thousand numbers and letters to be used In connection with the numbering of the houses of the city that Is shortly to be commenced. The supplies are called for on a hurry up order. They k wanted in the city as soon as poss! file In order that the work may go ahead. Cost of the numbers will be $275. They are cf handsome nickel plated design. It will cost about $75 more to put them up on houses In the city after they are received here. It is expected that they will be along within a couple of weeks. A little forethought may save yon no end of trouble. Anyone who make? It a rule to keep Chamberlnin's Colfc. Cholera end Diarrhoea. Itemed? st hand knows this to be a fact For tale by all dealers in patent medicines. SMELTER ENTHUSIASM IS REVIVED AT TUCSON MAYOR ROSE, OF MILWAUKEE, CONSIDERS OUTLOOK GOOD. In Talk With President of Chamber of Commerce Expresses Confidence That the Project Will Go Through. Citizens Enthusiastic. The interviews with Mayor Rose, of Milwaukee, and B. L. Worthen, of this city, about the customs smelter propo sition has aroused interest which lay dormant for several weeks. The smel ler situation was a favorable topic of conversation today, and most citizens seemed very optimistic, says the Tuc son Citizen. Mayor Rose had a long talk over the telephone with President Plumer, of the Chamber of Commerce, who is at Oracle. Mayor Rose said he was highly pleased with the situation as St was explained to him by Mr. Plumer. Mr. Plumer said no difficulty would be experienced in finding local citi zens who would be willing to Uke $25,000 worth of smelter stock, which is the amount asked of Tucson. Mayor Rose, after the consultation with Mr. Plumer, stated that the smel ter would be built without delay, and that he desired to know the local atti tude in order that he might determine- where to place the smelter. "I favor the smelter heartily," re marked a local merchant today, "and 1 am wIUinK to subscribe for some of the stock. It will mean hundreds nf dollars in trade for this city. Many, , .!.. t.n nmnAlac In W'S' 'ras ""u .o 'f" ,, vicinity wiiose ore is not oisuincienuy nign grade to anow oi xneir senainsvii j 10 r.1 .raso or visewuert?, vtiit uiju i their product to a custom smelter here and have It reduced. On the return journey to the mines they will leave a goodly number of dollars tor sup plies which they will need." Mayer Rose was much disappoint ed at the lack of acUvity of Tucson citizens in regard to the. smelter prop osition. This was caused by the non arrival of the gentleman at the time expected, he having been detained in Milwaukee en civic matters. However his disappointment is entirely dissi pated since he has had time to test the feeling of the business men here. o HUNTING FOR A LOST MINE Alleged Fabulously Rich Pro perty in Uinta Reservation Price, Utah, Aug. 25. With the near approach of the opening of the Uinta reservation to mineral locations the reserve is naurally the mecca of hundreds of prospectors, all of whom have the one purpose, .first, of finding the fabled Caleb Rhodes lost gold mine, and Incidentally, as it were, picking up anything else that may look good. With Rhodes, who was a trapped and prospector there in the early days of this section, died the secret of the whereabouts of this mine, which dur ing his life he was often heard to say was big enough to liquidate the na tional debt. Rhodes passed away at his home near Price some three months ago, and though his demise was sudden, it is believed by many that he left with his wife plats and maps that would lead to the mine. Others "who have less faith do not think that Rhodes ever had a mine on the reservation and that the whole thing Is a myth. But be this as It may, there are those who think enough cf the fabu lous gold mine story to seek out 1U location, and they have gone so far as to gain the friendship and atten tion of the widow and are hopeful of the results. Last week Mrs. Rhoies left the little farm north and west of Price In the care of the help about the place, and outfitted for the resei7a tlon country. Accompanying her is Joseph R. Sharp of Sunny side, Dr. A. W. Dowd of the same place, and Thomas Rhodes of the Helper, the latter a brcther of the late Caleb Rhodes. The party has now been out a week and is believed to be bv this time in the north range of the Uinta mountains to the east of Heber City and to the west of Vernal. Their departure they announced to no one, and their return is entirely problemaV leal. They were equipped for a long stay. The widow of the late Caleb Rhodes Is well advanced in years, but despita this Is hale and hearty and capable of standing much hardship of the char acter that would naturally be encoun tered. On the other hand, it is not likely that If she possesses the In formation as to the location of the mine she would intrust its location sixty days after the opening to any one but herself, if it should be on the reservation proper. If on a forest reserve, "of course the location may be made now, as well as at some future time In this present qnest for it"; whereabouts one Hathenbrook of Pro vo, who was supposed to be the part' rer cf Caleb Rhodes In the property, appears to have not been consulted, and it may be that the understanding of the two ended so far as Mrs. Rhodes is concerned with the dealt of her husband. Thomas Rhodes, the brother of Ca leb, must have had another and a new revelation as concerns the property, for it was only a short time ago when. discussing the reservation opening and matters in connection therewith. BOOKS OF BIG MINE ARE IN DEMAND ALLEGED CROOKEDNESS IN THE PORTLAND OF COLORADO. James Burns Save He Believes the Mine Is Being Manipulated in Inter ests of Railroad, and Wants to Know About It. Colorado Springs, Aug. 25. James F. Burns, former president of the Port land Gold Mining company and tno largest individual stockholder, has made a formal demand on Irving How- bert and the other directors of the company for the books, and If the are not produced threatens to carry his demand into the courts, In connectioi. witu tne mandamus oroceedlngs against the Short Lino lailway to compel an investigation of the Cripple Creek railway merger, this move is regarded as significant. Burns object in demanding the Port land books Is not set forth in the let ter he has served on the directors, but in view of a circular letter sent out to Portland stockholders by Burns in December last the meaning of this new move is rather apparent In his letter bearing date of De cember 27, when the fight between Burns and Howbert for the Portland presidency was waxing warm, Burns says: "Mr. Howbert, in addition to being a director and vice-president of the Portland company, is also president and director of the Short Line rail - ,.,.. , ,,, . ,nifiin,a m- nf J ' - - . - - - more value than In the Portland. Mr. peck js alg0 a dlrector m tne Snort Line railroad, his holdings In that company being of more value than his holdings in the Portland. In spite of the fact that the Portland Is the heaviest shipper over this railroad, we have often been compelled to adopt positive measures to' force from this corporation a just consideration of cur rights. Owing to the stand I have taken I have been retired as a director of this railroad and have no oice in Its affairs, although the larg est stockholder. "It is natural to suppose that with the Short Line directors In control of the Portland the company will be come an auxiliary and help to swell the receipts of other corporations. While Howbert's connection with theShort Line and the railroad's re lations with the mine may be one of the reasons for Burns' desiring to make an examination of the Portland books, his new move is also signifi- cant, in view of certain charges he made against the Howbert faction when It -wrested tht control of th-s m.iie from him and operated it on a new basis. In a letter dated January 14, 1905, a short time prior to the annual meeting in Council Bluff. Iowa, Burns devotes a few paragraphs to the 'costly policy being followed by the Howbert management. He says: "Development work and cost of min ing has very materially increased, and the output they have maintained was only possible by virtue of the fact that the mine, when they took po: session, bad such enoiiious ore re serves blocked out and development work many months ahead of produc tion. "At the time they assumed control there was in the treasury the sum of $557,000. Had it not been for the development work previously execut ed, together with this immense treas ury reserve, I question very much whether or not they could have con tinued with usual regularity the pay ment of dividends. o PLATINUM FINDS. Government Investigating Reported Wyoming Discoveries. Sheridan, Wyoming, Aug. 25. H. E. Crain, special agent of the govern ment, arrived in Sheridan today, and this evening started for the platinum mines, about thirty-five miles from this city, -on Piney creek, in company with H. Hensvhke of this city. He will secure samples of the ore, which will be-sent to Professor Day at Port land, chief of the geological depart ment. Owing to the scarcity of this metal the government Is making an Inves tigation of all finds. The owners of the claim say they have vast quanti ties of the ore, which, if found to be platinum, will mean millions of dol lars to them. Many prospectors are starting for the tills to locate platin um mines. o From the Savage. C. R. Temple ar rived in Douglas last night from the Savage mining camp in the Paradise district, where he has charge of the office Mr. Temple wa3 greeted warmly by many friends In Douglas. He wa3 more than two years in charge of the Southwestern freight and pas senger offices In this city. that he doubted the existence of the mine. Sharp was formerly superin tendent of the Sunnyside coal mines, while Dr. Dowd Id the Utah Fuel com pany physician at Sunnyside. Thomas Rhodes is a farmer and cattleman. i SOUTHERN CfiLirOFNIA . AND COAHArT SCHOOL CFSHCRTHANO, Largest and best tmsrness school It always has in attendance young people from Bisbee. Take ycer busi ness or shorthand course in It, axu you will be O. K. Send for new cata logue. Ladfey, ffctf HoIImia. MINERS AND MERCHANTS BANK BISBEE, ARIZONA CAPITAL - - $50,000 SURPLUS - - $50,000 A GENERAL BANKING BUSINESSITRANSAQTED 3U. CISHATTUCK, Pres. DIRECTORS: L.. C. Shattuck:, J. Al. Muhclm, L. J. Overlook: Jakob Schmid, J. T. Mood. OUR BRANCH AT LOWELL, a as 5K WAS R CLARK ENGINEERING COMPANY a a a a a a a NOW a a a a a a a a a a a a a et a a a a a a a a a Franklin W. fc Smith & Co, Mining Engineers Assayers aid Chemists SHATTUCK-SCHMIDT BUIL0INC BISBEE, ARIZ. a Slay 15, 1005 a J a fa a tf $. ;S 5J j? Jtl 5 21 ;B i ;v fd 3 5, St NOTICE OF SALE OF TIMBER. Washington, D. C. July 28, 1905 Sealed bids marked outside "Bid Case No. 197, Chirlcahua," will be received by -the Forester, Forest Ser vice, Washington, D. C, until Sep tember 16,1905, for the purchase of 5,000 cords of dead cord-wood from Block 2. District 1, Division 4, Chiri achua Forest Reserve. No bid of less than $.40 per cord will be con sidered. A deposit of $250.00 must accompany each bid. For further details and book of regulations ad dress Charles T. McGlone, Supervisor, Chiricahua Forest Reserve, Paradise, Arizona. OVERTON W. PRICE, Acting Forester. COPPER QUEEN CONSOLIDATED MINING COMPANY. Bisbee, Arizona, August ICth, 1905. Mr. J. E. Thompson, Real Estate Agent, -Bisbee, Arizona. Dear Sir: You are hereby author ized to collect ground rent for this Company's ground, from those per sons owning houses situated on land belonging to the COPPER QUEEN CONSOLIDATED MINING- COMPA NY and holding regular leases there for; and you are authorized to give receipts in the name of the Copper Queen Consolidated Mining Company for such anfounts collected. Yours truly, WALTER DOUGLAS. General Man ager. WALTER DOUGLAS. General Manager. If. W. J0RGENSEN CIVIL ENGINEER Barnahy Bide"., Bisbee, Ariz. U. S. Deputy Mineral Surveyor Gasoline Lamps Tanks Pumps Cement Phone 8 f-i OPPICERSs J. M. MUHEIM, V-Prea. ARIZONA, Is Fully Equipped Banking Line. FrankJ.Graff Broker & Copper Queen Hotel BIdg., Bisbee jt 'PHONE 111 Branch Office, El Paso Texas e rlorrte of the 9 Bonanza Circle3' I New York and Boston stocks haedled an S margins. 3jjL Private wire connections with New York, Bostou and Copper Country. Continnous quotations; our present wire ser vice cannot be equalled anywhere. iw raure MS f ' ' ' Duey stocks Beal Estate & Insnrance rentals MINES Agents Non-Kesidenls Collections All business Intrusted to us vlll be promptly and carefully attend ed to. Llt your property with ua. Special attention given to rents. Room S, Fos toff Ice Mining and Power MACHINERY ENGINES, BOILERS PUMPS, GEARED & FIRST MOTION HOISTS. AIR COMPRESSORS, DIAMOND r " . FORGINGS, CASTINGS, ETC., Specialties: COMPLETE PLANTS Gold and Sliver Mills, Concentrators, Cyanide Plants, Smelting and Converting Plants. Carl Clausen, M. E. Representative Engineer for; Wellman-Seaver Morgan Co. Meehan Boiler & Construction Co. Hendrie &. Bolthcff Mfg. Co. Sturtevante Mill Co. Westlnghouse Elec and Mfg. Co. Union Iron Works. Pennsylvania Boiler Works. D'Olier Engineering Co, e. GET OUR ESTIMATES 1-2 Rates East and Return FROM BENSON Chicago and Return. $52.45 Aug. 2i, 25; Sept. 7, S, 9, 10. 11, 16 and 17. Many other points In proportion. Choice of many routes. Portland and Return, $50,00 Stop over privileges, good until Nov. 30. Southern Pacific Company For further information or reservations, address E. G. HUMPHREY, CARL BOCK, Agent, D. F. &. P. A., Tucson. Benson. Scoffs Sanfal-Pepsio Capsule A POSITIVE CURl Torlnfluams'lon orCsUtrti ike BUtfder and DtKued Ki nert. bo ctrxr ro nr. Cji qucklr so trei.at)T i wortt cue. of Gonorrhoea and Clert, ao mattn o. be Ion itandirjr. AbioSBt.l, kannlMs. Eo!d D7 drnrrfit Ftlca tle. or It nail, pot paid. nxc.J lorn, (2-? TKESAKTM.-PEPSISK 8clVfatlM. Obfaa. The Bisbee Vrxsg Compaay. 1 I J. T. HOOD, C s liter to Handle Anything in the C. A. BENNETT, Mgr. IXSBUjuu MlirW "'Milt "' m i OverlocK Building, 'Phones 286 THE ORNDORFF HOTEL. El Paso Is entertaining many cf the people from Bisbee, Douglas, Cananea, and surrounding towns. It Is sug gested that when in the Pass City they try the Orndorff hotel. It has hand somely furnished rooms, Is so pleas antly situated on the Plaza, and the cuisine of the highest class, that visi tors will be thoroughly satisfied with their visit at the Orndorff.