Tonopah daily bonanza. [volume], November 07, 1907, Image 1

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

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WEATHER
Klr Thursday.
VOL. Ill NO. ia
MI
Rumor Says Also .that Frank
Keith Has Succeeded Him
as President of the Tonopah
Mining Company. .
The news from the far East Is that John W. Brock is out of
the presidency of the Tonopah and Goldfield railroad. There have
been rumors to this effect for the past several days, but nothing
has been received here that would tend to confirm it. At the
railroad office nothing has been received up to last night to con-
firm or deny the story.
There has been nothing in the dispatches touching upon the
- situation, although there were meetings being held of the Tono-
pah Mining Company, the Belmont,, and of the directors of the
Tonopah and Goldfield, and the Bullfrog roads up to Monday
afternoon.
A copy of the Philadelphia Press was received here yesterday,
in which the story was told of tha deposing of Brock, and the elec-
tlon of C. K. Lord as president of the Tonopah an Qoldfield road.
Mr. Brock was not the president of the Bullfrog and Goldfield, .
that position being held by his son, Arthur. But according to
the plans, Mr. Lord will be president of both roads for the rea-
son that they are to be merged, with a capitalization of $10,000,-
000.
The reason that there was no dividend for the stockholders '
.of the Tonopah and Goldfield road, it was announced to the stock-
holders, was because there were $555,000 paid out for new
equipment. The Tonopah Mining Company owns 65 per cent
of the road.
General Manager Frank A. Keith of the Tonopah Mining Com-
pany and also of the Belmont Mining Company, was present at
the meeting of the directors of both companies, and it is said that
there was some objection on the part of the directors of the big
company to his guiding the destinies of the Belmont. The direc-
tors of the Tonopah Mining Company are said to have expressed
the opinion that their interests would be better subserved if Mr.
Keith were to forego the management of the Belmont. It was
not learned what action, if any, was taken on this matter.
There is another rumor afloat here, which cannot be run to
earth, to the effect that Mr. Keith has succeeded Mr. Brock as
president of the Tonopah Mining Company. Mr. Keith stated to
the directors of the Tonopah Mining Company that the big mine
had never looked better in Its history, and that everything was
in far better shape than a year ago at this time. Oil is being used
instead of coal, he said, and the power plant is producing 700
horsepower. The expense of fuel has been much reduced.
ST JOHN WILL NOT
BE A MARTYR
GOLDFIELD, Nov. 6. Vincent St
John, the anarchist, who was shot
by Paddy Mullany last night, is rest
ing in the hospital as comfortably as
he ever rested, and his assailant is
resting just as comfortably in jail.
The friends of the would-be slayer
of St John rallied to his assistance
this morning, but he would not ac
cept aid. There is no question as to
his ball being furnished, no matter
what the amount might be. The
story now is that St John threatened
the life of Mullany, and made an at
tempt to draw his weapon, but that
Paddy was too quick for him, and
started his fusilade with, such sud
denness that St John went flying
down the street, with lead in his arm
instead of his feet.
The other men who were shot by
the wild bullets from Mullany's gun
are said to be on a fair way to re
covery BIG L0N00N STRIKE
HAS BEEN AVERTED
(Associated Press.)
LONDON, Nov. 6. Richard Bell
announced tonight that the railway
dispute has been settled and that all
danger of a strike has been averted.
The details of the settlement were
not given out.
&jllKCKIVKR FOB A BIG FIRM.
a NORTH ADAMS, Mass., Nov. 6.
A receiver was appointed today for
the Arnold Print works, one of the
largest textile concerns in the United
States, with liabilities of over nine
millions, and assets estimated at fif
teen millions. The stringency in the
money market led to, the appoint
ment of the receiver and the cash to
continue could not be obtained.
Ynopah Daily Bonanza
DS Oil
HEARST IS ONLY
HUMBLE FINANCIER
(Associated Press.)
NEW YORK, Nov. 6. William R.
Hearst appeared in the Court of
Special Sessions today to answer the
charge of libel preferred by William
A. Chandler. The alleged HbM was
in an article in the New York Jour
nal, connecting Chandler with Ray
mond Hitchcock, the actor, who is
under indictment for tampering with
young girls. Justice Wyatt gave
counsel until next Monday to sub
mit briefs on the allegations of
Hearst's lawyers that he never wrote
for the Journal and had only a fin
ancial Interest in it.
CATTLE MOVEMENT
CLOSELY WATCHED
' (Associated Press.)
WASHINGTON, Nov. 6. Secre
tary of Agriculture Wilson has is
sued a notice that violations of the
law regarding the interstate move
ment of cattle and swine affected
with tuberculosis will be vigorously
prosecuted. The act is punishable
by fine and Imprisonment.
SANTA FE WILL
KEEP MEN AT WORK
(Associated Press.)
KANSAS CITY, Nov. 6. General
Manager Hurley of the Santa Fe
railroad said today that the Santa Fe
would not lay off any men this win
ter in the operating or maintenance
of way departments, and would need
all the men now employed in com
pleting the Belen cut off. -
TONOPAH NEVADA. THURSDAY
MAP
KEY MEN
SUSPEND llll III
By Associated Press.
NEW YORK, Nov. 6. At a
meeting of the local branch of
the telegraphers' union late to
day it was decided to suspend
the strike of the employes of
the telegraph companies which
has been on since August 9th.
KANSAS CITY, Nov. 6. The
Btriking commercial telegraph
ers of this city tonight declared
the strike off. There were
about 375 strikers here.
HOLIDAY EXTENDED
IN CALIFORNIA
SACRAMENTO, Nov. 6. Govern
or Gillett said today that the holi
days will be extended through the
present week.
PUSION
TR
IN SAN FRANCISCO MAKES
CLEAN SWEEP
Taylor Has More Votes Than
Ryan and McCarthy To
gether Langdon Beats Mc
Gowan by 11,000.
By Associated Press.
SAN FRANCISCO, Nov. 6. The ballots in 241 out of 273 pre-
clncts in this city have been counted and show a total vote of
49,409.
Taylor, Democratic and Good Government candidate for mayor.
received 24,522; McCarthy, Union Labor candidate, 15,298; Ryan,
Republican, 7925. For district attorney, Langdon received 28,-
412; McGowan, Union Labor candidate, 17,188. Mulcrevey,
Union Labor candidate for county clerk, is elected over McCabe,
Good Government candidate, by a plurality of 2369. William
Broderick, candidate on the Democratic ticket' for supervisor,
is defeated by his Union Labor opponent, T. A. Casserly. All
other candidates of the Democratic and Good Government fusion
ticket are elected by safe majorities.
BANK FAILS, BUT SITUATION
BETTER IN SAN FRANCISCO
By Associated Press.
' SAN FRANCISCO, Nov. 6. The Citizens State Bank, one of
( the small financial institutions of
today and announced through its president that the bank had re-
signed from the clearing house and would suspend until the holi-
' days are over. He declared that the institution would meet all
its obligation. The liabilities are placed at $91,000, and assets
at $140,000.
Bankers throughout the city reported a decided improvement
in the financial situation today. The $800,000 paid out by the
sub-treasury helped materially to brighten the situation. The
clearing house will issue $500,000 in certificates of the denomin-
ation of $1 as soon as possible. 4
PENNSYLVANIA IS REPUBLICAN.
PITTSBURG, Nov.' 6. Sheatz.
Republican candidate for State treas
urer has a plurality 'of 175,000.
MOUNINQ, NOYF.MHKli 7.
plow
NTO NEW
LOCAL
STOCK MARKET
The Btock market in San
Francisco showed a decided lm-
provement in tone, and there
was evidence of less desire to
flood the market with shares.
The Tonopah securities were
especially strong, with the ex-
ception of Tonopah Mining Com-
pany, which showed the effect
of the wrangling among the di
4 rectors in Philadelphia, and
hung about the old prices.
The Goldfield shares also
showed signs of improvement.
The upward movement was no
doubt caused by the result of
the election in San Francisco,
and by the continued brightness
in the financial world of New
York. Reports of the increase
of the pour of gold into the
metropolis, from abroad were
reaching San Francisco all day
and the effect on the market
was immediate and solid in ap-
pearance.
TICKET
San Francisco, closed its doors
DRY COUNTIES IX ILLINOIS.
CHICAGO, Nov. 6. The returns
show five new counties added to the
"dry" territory.
STRONG
1907.
or mm
Crisis Has Passed and Finan
ciers of the Metropolis are
Turning Their Attention to
Other Parts of Country.
, By Associated Press.
NEW YORK, Nov. 6. Gold engagements were further increas-
ed today and stocks rose buoyantly. The danger to the finan-
cial institutions of this city has passed and attention has been
turned to other parts of the country. It is believed now that the
situation will finally settle down to a continuous arrival of gold
until there is plenty of reserve money in banks, as is always the
case after a crisis. 4
The Lusltania, bearing ten millions in gold for the relief of
the financial institutions of this country, left Queenstown on Sun-
day, and a wireless message received in this city at 10 o'clock
today from the vessel showed her to be 929 miles east of Sandy
Hook and making 24.50 nautical miles an hour. The steamer
should reach here by midnight Friday.
The New York banks began preparations today to ship all
available currency to the northwest to assist in the movement of
the crops.
Eastern Market Firm
Stocks Closely Held
By Associated Press.
NEW YORK, Nov. 6. The small volume of transactions in
stocks today was an index of how far the financial conditions still
hamper the conduct of operations In the market; but the strong
upward tendency of prices was convincing evidence of returning
confidence in the values of securities. Brokers on the floor of
the stock exchange summed up the situation by saying that stocks
were scarce. This was shown not only in the diminished pres-
sure to sell but continued to be manifest in the execution of big
orders when prices were bid up. 4
Copper was lower in the English market, with spot quoted at
63 s 6d, and futures at 63s. Locally the market was dull and
unchanged. Lead was unchanged at 18s In London, but weak lo-
cally, quotations ranging from $4.50 to $4.75. '
TROOPERS AFTER
(Associated Press.)
OMAHA, Nov. 6. Col. Frank and
troopers from the Second United
States Cavalry were ferried across
the Missouri at Forest City today,
and the command will continue the
march to Thunder Buttes, eighty
miles west.
It now appears to army men that
the campaign against the Utes may
keep up all winter. A detachment
of Infantry will be sent from the
Cheyenne River agency. From Hu
ron, South Dakota, comes word that
the Utes are very uneasy. No per
mits are being given civilians to visit
reservations.
BANK CASHIER
ATTEMPTS SUICIDE
(Associated Press.)
KINGFISHER. Okla., Nov. 6.
Guy Condit, cashier of the First Na
tional Bank, attempted to kill him
self by slashing his throat with a
razor. Anxiety over the financial
situation caused the act. It is said
that he will recover. His accounts
are straight and the bank is solid.
CLOSING YEARS IN
A PRISON CELL
(Associated Press.)
KANSAS CITY, Nov. 6. Dr. F. J.
Tygard. over seventy years of age,
was today sentenced to serve five
years In the penitentiary for misap
plying the funds of the Bates Nation
al bank of Butler, Mo., of which ha
was president, when a year ago he
7!'led guilM- ;? "hai-ir
H to tiimM.'
ntlCE 10 CENTS
Y0NK
BETTER PAY FOR
POSTOFFICE HELP
By Associated Press.
WASHINGTON, Nov. 6. First
Assistant Postmaster General Hitch
cock returned today from an extend
ed trip to the West and gave out a
statement regarding his investiga
tions of the conditions prevailing in
the service. He said that consider
able difficulty had been experienced
for some time in retaining the ser
vices of good men in postoffices. He
found that the prices of labor aro
high in the West and that living ex
penses are two-told higher, but post
office employes get the same rate of
wages as in the East
He spoke of Instances where the
postmaster paid out part of his own
salary to maintain the offices and
cited among the Instances that of
Postmaster Collins of Goldfield, who
has paid out more than his salary to
keep the office going. There is no
way to reimburse him except by a
special act of Congress. He says
that he will advocate to Congress an
amendment to the graded salary law
which will obviate the difficulty.
REPUBLICANS W
IN NEW JERSEY
(By Associated Press).
TRENTON, N. J., Nov. 6. The
election of John F. Fort, Republican
nominee for governor, is conceded by
Katzenbach, Democratic nominee.
The State senate will have fourteen
Republicans and seven Democrats.
MISSOURI FOR TAFT.
(Associated Press.)
KANSAS CITY, Nov. 6. The Mis
souri Republican Club, the oldest Re
publican organization in the State,
tonight unanimously endorsed Taft
for president, and Attorney Gn?ral
Hadley for governor.