Tonopah daily bonanza. [volume], November 10, 1907, Image 1

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

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?onopah Daily Bonanza
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Kalr Sunday.
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VOL. Ill NO. in
TONOPAU NEVADA, SUNDAY M0UN1N0. NOVKMUKK in. 1907.
riUCE 10 CENTS
FIFTY MILLIONS
H EUROPE
Financial Situation in New York
Is Nearly Normal and More
Gold Coming
MILE
WITH THUGS ENDS IN
fi .J KB n$
TURNS GOLD LOOSE IN
Checks of Companies Prompt
ly Cashed and Money Flows
Into the Merchants.
There was plenty of money In town last night. The Tonopah, $
Belmont and Jim Butler mining companies decided to pay off
the miners yesterday afternoon, Instead of waiting until tomor-
row. The men received checks, of course, but it was not long
before they were around the city seeking to have them cashed.
The merchants were taken 'by surprise, for they had not ex-
pected the innundation of cash until Monday, and there were
few, if any, prepared to cash the checks. But Tonopah is a
camp of resource, and as soon as it became known that there was
a payday, there was a scramble for the yellow and the white
metal. The merchants were taken unawares for the reason that
there were no checks presented until after banking hours. It was
not long before the news spread, and the miners were not long
in discovering that the checks would be cashed at the Casino and
the Tonopah Liquor company.
Before 5 o'clock the Casino had cashed between $18,000 and
$20,000, and at the Tonopah Liquor company there were in the
neighborhood of $15,000 paid out for paper of the mining com-
panies. There were men of all nationalities who presented the
checks for payment, and they were treated all alike. But the
majority of the check-holders were Americans, English and
Finns. The Slavs seemed to be in the minority on this payday.
Payday made quite a difference in the camp, and there was
mora money in evidence than there had been for a long time.
Bills were paid, goods were bought, and the saloons last night '.
were crowded. The wheels, faro banks and other games were
doing a thriving business and be it said to the credit of Ton- .
opah, there were no drunken men to be seen.
At the Casino, there was a long line leading from the cashier's
window to the sidewalk all the afternoon, and t he same per-
formance was witnessed last night. There was paid out at the
Casino in good, hard cash, about $30,000? Needless to say,
there were merry times at the Casino in the evening.
The merchants and the smaller dealers said last night that
business had Increased in most wonderful proportions, and the
clerks were tired enough to e glad when closing time came.
The Nevada First National bank and the Tonopah Banking
corporation, both found conditions much improved yesterday.
Cashier Harris, of the former and Cashier Howell of the latter,
, declared there was a better feeling all around, and that they
looked to a much speedier easing up of the nancial situation than
had been thought. (
The Midway, Montana-Tonopah, McNamara and the other
mines in the district, and the railroad will pay off their men to-
morrow, and there will be another innundation of cash for the
merchants and business men.
At least two of the mines will pay off their men, partly in
cash, and partly in San Francisco clearing house certificates. The
latter are as good as the gold in San Francisco, and there is no
doubt that they will be accepted as cash by the merchants here.
The merchants can send them to the city in lieu of cash in pay-
ment of their bills, or for the purchase of new goods, for they
pass every where current. The merchants' will take some action
in this matter on Monday.
KEITH IS STILL
GENERAL MANAGER
HKAI) OF TOXOPAH MINING COM
PANY' LEAVES NKW YORK
FOR HOME.
Flank , A. Keith,, general
manager of the Tonopah Mln-
ing company, left New York
for Tonopah last tight. It is
evident from thlB, and from the
fact that nothing has been re-
ceived to the contrary, that Mr.
Keith still remains in charge of
the big company, and also of
the Belmont and the Jim But-
ler. '
James A. Austin, the new
president of the Tonopah Min-
ing company, was here with the
Brock party in last August, but
at that time there was no hint
of his succession to Mr. Brock.
He is remembered here as a
very quiet, observing gentle-
man. He is rather short in
. stature, wearing a beard, slight-
ly tinged with gray. Without
saying a great deal, he imbibed
a good deal of knowledge of the
4 workings of the company.
The Tonopah company paid three
dividends of 35 cents a quarter,
which was an extra dividend of 10
cents added to its regular payments.
Then when times began tq. harden,
and money growing scarce, the divi
dend of io 'cents was cut off of the
June payment. There was an out
cry on the" part of the stockholders,
SAN ftlMC
but President Brock in some way
quieted them, and the dose was re
peated at the end of September. Only
a 25 cent dividend was declared for
the quarter, ending in Septmber.
Then indeed did the stockholders
arise in their wrath, and demand to
know what was being done' with all
their money, and they called for a
new regime. There was a surplus
of more than three million dollars In
the treasury, and the stockholders
wanted to know why there should
not be a division of that money. The
mine was shipping more ore than
ever, and the mill at Millers was
grinding out the dollars. The report
of the general manager was more
satisfactory than ever.
The result was that the larger
stockholders got together and de
manded the retirement of Mr. Brock
on the ground that they were dis
satisfied with his policy. Mr. Brock
being a small owner In the company,
was perhaps, not as much concerned
In dividends as were others, par
tlcularly as he is a man of abundan
means.
There have been rumors of chang
es In the management of the Bel
mont, the control of which Is held in
Philadelphia. Mr. Brock is president
of the Belmont, and Mr. Keith is the
general manager. At the meeting of
the directors of the Tonopah Mining
companv, there was some objection
voiced to Mr. Keith continuing In his
position in the Belmont, but wheth
er it amounted to aught, we have not
yet heard. It would be Immaterial
to Mr. Keith whether he remained
By Associated Press.
NEW YORK, Nov. 9. Gold was engaged in Europe today to
bring the total forward movement up to $50,000,000. This was
unprecedented and brings financial situation much further to
ward normal. The statement of banks was more favorable than
had been expected. Next week there will be larger arrivals of
gold, and the statement a week hence is expected to show great
gains in every way.
NEW YORK, Nov. 9. The decision to withhold the publication
of the bank statement until after the close of the stock market
deprived it of what is usually the whole Incentive to activity in
the Saturday short session. In consequence there was a torpid
market and in consequence drift of prices. The bank statement
made the unpleasant showing of the widening of the deficit be
low the legal reserve by the amount of $12,085,000, leaving the
margin for repair before the legal reserve limit is restored at
$51,924,625. The cash showing is not "worse than was expected.
Cardinals Outclass
The Blue and Gold
By Associated Press.
' STANDFORD UNIVERSITY, Nov. 9. Stanford won the foot-
ball game from the University of California today by a score of
21 to 11. Stanford was behind at the opening of the second
' half, but showed greater staying powers. The game was the ?
most sensational ever played between the universities. The fast '
back field of the Cardinal wore down California in the last half
and swept the blue and gold off their feet. The first half ended
with the score 8 to 5 in favor of California. For the first ten ;
minutes of the second half the teamg fought in the center of the
' field with no advantage to either. The cardinals outplayed Call-
fornia in every department and their superior condition gave
them victory.
MINERS VOTE TO
RETURN TO WORK
(By Associated Press.)
DANVILLE, Ills., Nov. 8. Four
thousand miners, who went, on a
strike in the Westville district a
week ago, voted to return to work
today on the representation of the
owners that they be paid 20 per cent
cash and the balance in checks'.
Financial Situation is Much Better
Than Any Day Since the
Hurry Began
..
By Associated Press.
SAN FRANCISCO, Nov. 9. No decision has yet been announc-
ed by Governor Gillette regarding an extra session of the legis-
lature. A telegram received from Los Angeles is to the effect
that San Francisco bankers, in telegram today to bankers of that
city, intimated that the governor has given his assurance that an
extra session will be called.
The financial suituation here Is better today than any day since
the flurry begun. From the sub-treasury today over half a mil-
lion of coin went, to various banks in this city. The clearing
house certificates are being more freely accepted as people begin
to understand that they are Just as good as gold. It appears
certain that the legal holidays will be extended all of next week
to give the banks an opportunity to get large reserves on hand.
with the Belmont, but it is very ma
terial to the people of Tonopah that
he continues as general manager of
the big company.
He Is a man who understands the
conditions here, and he is thorough
ly in touch with the people. Mr.
Brock's policy was to keep all the
money of the company In Philadel
phia, to the exclusion of Tonopah
Mr. Austin is a business man and in
terested, In large enterprises, and he
may see the wisdom of a departure
from the Brock policy.
)
PRAIRIE FIRE IS
MILES IN EXTENT
, ( By Associated Press.)
CROOKSTON, Minn., Nov. 9 The
worst prairie fire ever known in this
section in fifteen years is raging
north of this city. The path of the
fire extends twenty miles north and
south, and is fanned by a fierce wind.
The damage will .be great.
IS
THE MISSING DETWEILEIl.
(By Associated Press.)
TOLEDO, Nov.' 9. Raymond J.
Burns, the attoney and detective
who has charge of the search fbr A,
K. Detjviretf who is wanted in San
Francisco on the charge of bribery,
arrived in Toledo today. He says
that the theory of the officers in San
Francisco Is that Detwller has es
caped to a foreign country, but' the
search is beirg "kopt up.
SCO
Former Officer of Tonopah
Makes Plucky Capture of a
Desperate Criminal.
Reno seems scheduled for a carnl- j
val of crime, and the gate city is full
of thugs, holdup men and other hard
characters. The Pyramid saloon was
held up on Thursday night and on
Friday morning there was a shoot
ing which resulted in a triple shoot
ing, one of the victims being dead,
and another, a brave officer, is not
expected to live. The following ac
count of the shooting is taken from
the Reno Gazette:
In a desperate encounter with two
Germans near the Pyramid saloon
this morning shortly after 11 o'clock,
Officer Brown was seriously injured
by being shot in the stomach; Ed
ward Sauter, a German sailor, was
shot through the right breast and
also in the left temple and killed,
and Archie Burrus, a car sealer, was
shot in the back, and was seriously
wounded.
William Sauter, also known ' as
Roederbach, was arrested, and is
now in the city Jail.
Two other men, Karl and Fas
charcheuz Farny, were arrested at
Sparks later, after the shooting and
are being held pending an investiga
tion of the trouble.
The shooting this morning created
more excitement than any event that
has taken place in this city since
Ferrel was killed by Charles Kucks
at the Palace saloon.
An immense crowd gathered after
the first shot, and that more people
were not killed is wonderful, as
many shots were fired and the cur
ious throng crowded around Officer
Brown and the men with whom he
was fighting, endeavoring to see
what was goin on, and not realizing
their danger.
The trouble started when Wm. and
Edward Sauter and the men arrested
in Sparks entered the Crown saloon
on Commercial row, and began to
argue.
They were driven from the saloon
by the proprietor and going from
there around the corner on Lake
street, Edward Sauter, who now lies
on a slab at the morgue, drew a
bunch of bills from his pocket, and
after some argument handed them to
SAD
PRISON FOR WIFE
OF MILLIONAIRE
(Associated Press.) '
CHICAGO, Nov. 9. Mrs. Evelyn
Romadka, wife of the Milwaukee
millionaire, who pleaded guilty to
thievery In this city, must go to the
penitentiary according to the deci
sion passed by State Attorney Heal
ey. The attorney for Mrs. Romadka
announced today he would permit
the plea to stand, and Attorney
Healey at once said that he would in
sist on the penitentiary sentence. '
BY THE INDIANS
(By Associated Press.)
CAMBRIDGE. Nov. 9. The Car
lisle Indians defeated Harvard today
by a score of 23 to 15. For ver
satility' the Indian team has not been
equalled on the Soldiers' field since
the new rules went into effect.
HI I.L REVIEW FLEET.
WASHINGTON, Nov. 9. It was
announced today that President
Roosevelt will review the Atlantic
battleship fleet In Hampton roads on
December 16. the day of the fl?er'?
'sailing for the Pacific const.
the man who was later arrested in
Sparks. He then walked towards the
Pyramid saloon and drawing a re
volver from his pocket, stated that
there was going to be some shoot
ing. Officer Brown happened upon the
scene at this time and started to
place Edward Sauter, the man with
the gun, under arrest. Sauter then
raised his revolver and pointing it at
the policeman, backed over the
tracks.
Officer Brown then grappled with
him and he fired, but missed the
officer. Brown then shot him through
the right breast and he fell with the
officer on top of him. He was shot
a second time as he lay prostrated,
the bullet striking him in the fore
head. Sauter was too weak to struggle
after the first shot, but gradually
rolling onto his Bide he placed the
22-callbre revolver Against Officer
Brown's stomach and fired. The
bullet penetrated Brown's stomach
and he fell back with a groan, but
still clung to his revolver.
When the criminal fired the sec
ond shot, William Sauter, who was
standing nearby with an umbrella,
in his hand, jumped onto the officer's
back and began beating him over the
head with the umbrella. At this
Archie Burrus, the car sealer, rushed
into the fray and William Sauter, or
Roederbach, Jumped up and started
to run. Brown still had strength
enough to raise his revolver and
pointing It at the fleeing criminal
flied. The bullet sped in the wrong
direction and struck Archie Burrus
in the back. He fell to the street
wounded, and was carried to the de
pot by bystanders.
Jack Lorentzson, manager of the
Nevada Transfer company, appeared
on the scene at this time and rushed
to Officer Brown for the purpose of
assisting him. Brown handed this
brave young man his revolver and
told him to catch the criminal, and
leave him alone, that he . was all
right.
Lorentzson, together with other
(Continued on Page 4.)
RUSSIANS WOULD
HELP FIGHT JAPS
By Associated Press.
ST. PETERSBURG, Nov. 9. The
talk of the possibility of a war be
tween the United States and Japan,
which throughout has been taken
seriously by the Russians, is bringing
many volunteers to the United States
embassy, who say that they are
anxious to serve in the United States
army in case of hostilities. The re
port has also been given circulation
that the American army needs in
structors in the Philippines, especial
ly the artillery engineer corps.
Five or six Russian officers of this
branch of the service applied at the
embassy for commissions and . were
disappointed when they were given
assurances that there was no likeli
hood of Japan and the United States
going to war.
FOREST NICHOLS
IS NOT GUILTY
(Associated Press.)
PITTSBURG, Nov. 9. Forest
Nichols, former secretary to W. H.
Andrews, territorial delegate to con
gress from New Mexico, was found
not guilty in the United States dis
trict court yesterday of charges of
aiding and abetting Cashier Clark la
wrecking the Enterprise National
bank of Alleghany two years ago.
The case was the last of many grow
ing otit of fi zT.v.tl"-t! ':.".: r
the l.iUil:.