Tonopah daily bonanza. [volume], November 02, 1907, Image 1

About Tonopah daily bonanza. [volume] (Tonopah, Nev.) 1906-1929

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TONOPA
Daily Bonanza
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VOL. II! NO. .t
TONOPAtI NEVADA. SATURDAY MORNING. NOVKMI1KR . 1901
PltlCE 10 CENTS
D0
Proposed Measure
Eor Relief of Miners
TMiPS at
MANHATTAN ARE
PASS VOTE OF
WEATHER
ShfM-n Haturdiy.
H
CON
State Bank and Trust Com-
pany Is Sending Out Copies
of an 'Agreement to Be
Ratified by Depositors.
Carson City, Nev., Nov. 1, 1907.'
Pyne & Douglass, Goldfield, Nev. ,
We are sending you copies of an agreement to be signed at
Goldfield, Tonopah, Blair and Manhattan. This is being univer
sally signed here.
A large meeting of depositors was held here last night and
passed a unanimous vote of confidence in bank management and
against the appointment of a receiver.
Will be 'with you soon.
' T. B. RICKEY.
The foregoing telegram from President Rickey of the State Bank
and Trust Company to his attorneys, Pyne & Douglass of Gold
field, reflects the general feeling of restored confidence in the
Rickey Institution today. It Is said that private dispatches receiv
ed in Goldfield from President Rickey give positive assurance of
the opening of the bank next week.
Financial Atmosphere
Gradually Clearing
By Associated Press.
NEW. YORK, Nov. 1. The financial situation was gradually
clearing today without showing any
banks and trust companies are practically over, and the money,
which was temporarily withdrawn from banks, subject to runs, is
flowing to stronger banks, and currency is being provided in most
cases where demand for it is considered legitimate. Further en-
gagenients of gold by Boston and other point have brought up
the total engagements abroad, under recent movement, to $26,-
550,000. The Lusitania, which sailed from Liverpool today, has
on board about $10,000,000 in gold, one of the largest shipments
ever made. Prices on the exchange were firm during the early
part of tho day and did not yield seriously at any time.
HILLED IN A
CARJ0LLIS10N
.
By Associated Press.
SAN FRANCISCO, Nov.-l.
Motorman Charles Fitzwater or
the United Railroads is dead,
and Thomas M. Smith is badly
injured as a result of a collision
on Fillmore "street early today.
Fitzwater had been in an earlier
collision at Castro and Market
streets and was going home on
a partly demolished car, which
was in tow of a repair car. At
Hayes street there are a num-
ber of switches, and the south
bound owl car missed the frog
intended for it. The two cars
came together with much force
and Fitzwater was caught
squarely In the jam, receiving
such Injuries that death ensued
a few hours later. Several peo-
pie were hurt this afternoon
when a California street car
crashed Into a Kearny street
electric, car.
NEW TREASURER
WESTERN PACIFIC
By Associated Press.1
SXAN FRANCISCO, Nov. 1. J. Dal
zell Brown today resigned as treas
urer of the Western Pacific railroad,
and Warren Olney, Jr., was appoint
temporary treasurer of the road.
The new treasurer will be elected at
a meeting of the directors to be held
November 8th. .1. Dalzell Brown is
manager of the California Safe De-
i.nslt anil Trust Coninany. which
closed its doors In Uis city a few
days ago.
denc
striking features. Runs on
STOCK MARKET IS
SEMI-STAGNANT
NEW YORK, Nov.. 1. The, stock
market was tranquil today, with a
firm undertone, and sank into a con
dition of semi-stagnation after vari
ous irregular but narrow fluctuations
Being still under the restriction of
the banking situation, this reflects a
feeling of growing confidence in the
stock market, but facilities for its ex
pression are still hampered. Ten
tative operations on margins which
have cropped up with the easing of
call loan rates, receive no encourage'
ment from bankers. Houses with la-
terior connections assert that there
are potential demands for stocks
from points outside of New York,
but that the execution of orders from
these sources must await the receipt
of actual 'cash shipments owing to
the difficulties of exchange opera
tions. There was a subsidence of
forced liquidation which has been a
feature almost every day for some
time past. Bonds were irregular.
The total sales had a par value of
$2,510,000. United States 2'a ad
vanced per cent, and the 3's
per cent on call.
PREPARING FOR.
BALLOON RACING
ST. "LOUIS, Nov. 1. Plans have
already been commenced by the Aero
Club of St. Louis for a week of aero
naut events to be held in St. Louis
during October. 1908. - Balloon rac
ing Is to be an annual feature here.
IIASIOUAI.L SCORES.
SAX FRANCISCO, Nov. 1. The
following are the scores for today's
games: Oakland 2, San Francisco
0; Los Angeles 1, Portland 0.
Hon. George A. Bartlett will, on the opening day of Congress.
introduce a bill asking that the Federal statute In regard to
assessment work on mining properties be suspended. Mr. Bart-
lett feels that in the present conditions that this would be a good
move In the right direction, In the interests of mining, and as a
protection to the. prospector and to the purchaser.
"The same thing was done In 1 893." said Mr. Bartlett last night,
"and I do not see any reason why it should not be done at the
present time. There are people with many claims who intend
to develop them, yet cannot raie the money under the existing
conditions. It means one hundred dollars a claim, and this runs
into money very fast. Why should not our people be helped as
well as those of every other State? I am going to work for the
passage of such a measure, and I have no doubt that it will be
passed. At any rate, it can do no harm to try it, and the other
mining States -will be with us."
RYfiN
IS VERY.
'
By Associated Press.
OMAHA, Nov. 1. William J. Bryan, in Omaha today, gavo out
the following interview on business and financial conditions. "I
do not look for any prolonged trouble in the business world. The
conditions which made the panic and depression in 1893 are en-
tirely different now. Then prices were falling because of a re-
strlcted money supply; now we are in the midst of a tremendous
gold production which' gives an abundant money supply and .
maintains prices so that business is brisk."
"Then you do not think the present bank trouble shows the
need of an emergency or asset currency?"
"Not by any means. On the other hand, I think It is a strong
argument against an asset currency. Suppose," for instance, we had :
been using an asset currency during the past year and in addition
to the present trouble the people had a distrust about money;
that would make matters so much the worse. As it is now,
there is no doubt about the quality of our money."
Prospects
Strike
(Associated Press.)
LONDON, ' Nov. 1. The executive
committee of the Amalgamated So
ciety of .. Railroad ; Servants today
adopted a resolution to call a general
strike.
Notwithstanding powerful influ
ences that have been at work for
some time past in the hope of avert
ing trouble in the British railroad
world, tonight there seems to be
little probability of preventing a
FATHER AND SON
ARE ARRESTED
By Associated Press.
CHICAGO, Nov. , 1. !harles F.
Bidwell, secretary of the Bidwell
Electric Company, was arrested to
day on complaint of Postofflce In
spector Wm. Ketcham, that he and
his father, Benson H. Bidwell, presi
dent of the company, had made use
of the mails to promote a fraudulent
scheme. A warrant also issued for
the elder Bidwell. It is alleged they
claimed Benson H. Bidwell was the
inventor of and the company manu
factured an electric motor which
would not become heated. The offi
cials claim the motor is of the or
dinary type and that $200,000 have
been realized through the sale of the
stock and from which stockholders
have received no benefit.
BRIDGE COLLAPSES:
i By Associated Press.
MANILA, Nov. 1. The new rail
road bridge over the Pasig river near
Fort McKinley, collapsed yesterday
owing to the breaking of the super
structure. Sixty workmen were pre
cipitated into the river and three Am
ericans and twenty Filipinos were in
jured. The damage to the bridge
amounts to $100,000.
of Great
in England
strike. The action taken today by
the "executive committee of the Amal
gamated Society of Railway Servants
in passing a resolution to call a gen
eral strike, leaves little or no hope
for a favorable outcome. The prin
cipal grievances has turned on recog
nition of the union and this the rail
road companies refuse. Under the
rules- of the society and the require
ments of the law, the strike cannot
take place for some weeks.
RUSSIAN SAILORS
RAISE RED FLAG
(Associated Press.)
ST. PETERSBURG, Nov. 1. Ac
cording to the official report of the
recent mutinous outbreak of sailors
at Vladivostok, the crews of three
torpedo boats, the Skory, Serbitin
and Trevotsheny, mutinied and hoist
ed the red flag. They shelled the
port, doing considerable damage to
buildings and killing some civilians.
The Skory, on board of which were
three revolutionary agitators,. includ
ing one woman, took the lead in the
mutiny, the crew rising at the in
stance of the agitators, killing tne
commander of the boat and wound
ing the other officers who were over
powered and confined below tne
decks. The fire of the rebellious de
stroyers was answered from the fort
ress. . THK METAL MARKET. .
' (By Associated Press).
NEW "YORK, Nov. 1. Lead,
dull, $4.55 to $4.75; Lake cop-
per. firm, 144c to 14 c; sil-
ver, 59 e.
Manhattan Ore Reduction
and Refining Company
Keeps Faith With the People-Lemon
Mill Next.
(Special to the Bonanza.)
MANHATTAN, Nov. 1. The Manhattan Ore Reduction and
Refining Company has kept its word with Manhattan. They had
promised that they would be dropping stamps on the first day of
the month, and today witnessed the keeping of their faith with
the people. The first shipment of ore for the mill was hauled .
through the town last night from the Manhattan Consolidated, so .
that it would be ready for the mill this morning. Truth to tell,
it was not expected that the stamps would begin to drop before
tomorrow, but to the surprise of most of the camp, the whistles
began blowing frantically this morning and the flow of wealth
for Manhattan was on.
' Work is being rushed on the Lemon mill, the second of the
plants to be started, and It is said that that plant will be drop-
ping stamps within two weeks.
San Erancisco Banks
Open Eor Business
. .
SAN FRANCISCO. Nov. 1.
The arrival of banking hours
this morning brought no visible
change in the quiet, confident
condition which obtained yester-
day. None of the banks took
advantage of the holiday de-
clared by Governor Gillett, all,
with the single exception of the
California Safe Deposit and
Trust Company, opening for
business as usual.
Homer S. King, president of the
Bank of California and of the Clear
ing House Association, said: "The
situation this morning Is even a little
better than It was yesterday."
Manager Brown of the California
Safe Deposit and Trust Company
stated this morning that the officials
of the suspended bank would not be
BUTTE CAPITALIST
DASHED TO DEATH
LOS ANGELES, Nov. 1. In a col
lision between a Westlake park
street car of the Los Angeles rail
way, which was beyond control, and
a car of the West Eleventh street
line at Spring and Second streets to
night, J. I. Mooney, son of J. L.
Mooney, a capitalist and mine own
er of Butte, Mont., was killed and
five other persons were injured.
While descending the grade on
West Second street between Hill and
Broadway, the Westlake park car
failed to respond to its emergency
brakes and ran unchecked to Spring
street, where the other car, speeded
ahead by its motorman, who saw the
runaway, was attempting to make the
crossing. Nearly all the passengers
had jumped but Mooney, who was
standing on the platform of the West
Eleventh street car. He was flung
to the pavement wheu the car was
turned over on Its side and struck
on his head. He died Instantly.
T. M. Smith, a bookmaker of San
Francisco, was caught beneath the
car and sustained a dislocated hip.
Three other passengers and the mo
torman were less seriously Injured.
BANKER COMMITS 8CIODE.
GRAND ISLAND, Neb.. Nov. 1.
The Commercial State Bank here this
morning closed Its doors. Fifty
thousand dollars of the funds of the
bank is in the First National Bank
of Chariton, Iowa, whose cashier
committed suicide yesterday. Fear
ing the reserve of " the Commercial
State Bank would be threatened, the
directors decided to close' the institu
tion. ' .'."..
in a position to make a statement of
the assets and liabilities of the in
stitution until Bank Commissioner
Garoutte has completed an investiga
tion. He said, however, that the out
look for the early resumption ol
business is bright.
REDDING HANKS OPEN.
(Associated Press.)
REDDING, Cal., Nov. 1. Four
Shasta county banks which closed
yesterday in deference to the gover
nor's holiday proclamation, reopened
this morning. The banks are trans
acting the usual business, paying gold
for all checks of any amount and not
using clearing house certificates.
ANOTHER HOLIDAY.
(Associated Press.)
SACRAMENTO, "Nov. 1. Tomor
row has been declared a legal holi
day by Governor Gillett
SCHICK GIVEN
THIRTY YEARS
By Associated Press.
GOLDFIELD, Nov. 1. J. C.
Schwlck, recently convicted of the
murder of John R. Davey, a crime
committed at Columbia on June 20th
last, was sentenced this morning by
Judge Langan to serve thirty years
In the State prison at Carson.
- Before fixing the extent of punish
ment Judge Langan denied a motion
for a new trial made by Judge Mul
lins, of counsel for the defense, such
being made particularly upon the
ground that the court erred In In
structing the jury, that there was no
evidence during the trial of self-defense.
SERIOUS CHARGES
AGAINST THESE TWO
By Associated Press.
CHICAGO, Nov. 1. Alexander D.
Gordee an'd Miss Etta McLean, a
stenographer in the office of United
States District Attorney Sims, were
today held to the Federal Grand Jury
in bonds of $5000 each on a charge
of stealing Important papers from the
office of the district attorney. The
evidence showed that the woman had
taken numerous letters and papers
and that Gordee tried to sell them to
John R. Walsh, former president of
the Chicago National Bank, now
awaiting trial on the charge of mis
application of the funds of the bank,
and to his attorneys.