Daily Arizona silver belt., October 10, 1908, Page Page Four, Image 4

About Daily Arizona silver belt. (Globe, Gila County, Ariz.) 1906-1929

Image provided by: Arizona State Library, Archives and Public Records; Phoenix, AZ

                
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' DAILY ABIZOA SHiVER BELT. . .
0 "S" UUi
lill':ii
I
J.
MAES, MAfflVG am the MARKETS
WAR CLOUD FELT
IN STOCK MARKET
SITUATION HERE NOT SO BAD AS
IN LONDON, WHERE IT IS DE
SCRIBED AS PANICKY BRITISH
CONSOLS FALLING.
10..10
nor.
Utah Con
UIOUO LOU i)..
La Hose 0.37
Touopnh 6.75
-11.00
r,.is
0.50
0.87
MARKET NEWS
NKW YOIiK, October 0. Tho war
loud over eastern Europe was the prin
cipal topiu of considoratiou to influence
tho market today, although the center of
ltaturlmm:o in the securities markets
.shifted souiouhat. Today's doings in
tb ii London jnarkot wero described in
privato telegrams as almost panicky.
Tho price, .of Hritisb consols was down-
n full point at one timo during tho da v.
Other government securities in London '
wore acutely depressed. Recovery was
helped by tho strength of tho Rock
lsland-IIartiman issues, due to the sig-1
nificancc attached to the announcement
of provision for $7,700,000 of St. Louis
& San Francisco notes maturing Decern-1
Ucr.,1. Final jirioes of stocks showed
little. change from those of the day lie
fore. Honds wero weak.
METAL.
NKW YORK, October $. London tin'
was lower, spot 133, 15s; futures, 135,
5s. Locall market easy, 20.15 to 29.10. j
Copper declined to 59, 3s, 9d for spot, '
E00 for futures in London. Locally
weak and nominal: Lake, 13.37M- to
I3.C21A; electrolytic, 13.12 . to 13.37'A,
casting 12.87'i to 13.12.
Lend declined to 13, 5s in London.
Tho local market was dull, -1.-I0 to 4.-15.
Spelter was unchanged at 19, 12s, Od, .
iii London; and 4.721 to 4.77 locally.
The local iron market was unchanged.
GRAIN.
CIIICAtiO, October 9. Wheat open
oil excited and strong, with prices one
eighth to three-quarters Uglier than the
previous close.. The unsettled jwlitical .
situation in Kuropo amused intense bull-1
ish enthusiasm among the local wheat
traders and the demand at the opening
was extremely active. Within the first
fw minutes, December delivery ad
vanced to 101 7 S, May to 101 u-, after
opcii-hg at 101 to 10112, andl03 5-S
to 101 1-8, respectively. At the end of
tho first hour, n-lull camo in buying with
mormous realising sales, and price
gradually cased off until below tho
opening prices. Trading was compara
tively quiet and tho market closed firm,
with" December at 100 7 8 to 101, and
May 103 7-8.
Corn closed at the lowest point of
the day.
Oats weakened during the last half
hour and closed at the lowest po'nt.
The market acted yesterday about as
it has for tho past weok. Opening low
er and weak, stocks advanced slowly
and at tho end of the day's trading had
entirely recovered from the losses sus
tained early in tho session. Tho forces
in control appear to bo satisfied to let
the market drift along, giving support
only when any pronounced weakness de
velops. A financial writer declares that
Wall street will not 'fulfill jts functions
if it does not seek to discount the re
sult of tho presidential election before
November and he looks for an outburst
of speculation within the next week,
but which direction the prico movement
will take ho is unable to state. Our own
opinion is that there will be little
change in prices until after the result
of tho election is announced. Wo be
lieve, however, that stocks arc a, pur
chase on all weak spots.
The local stocks were all fairly
steady. Old .Dominion sold up to 14 bid
and 4lvj asked; Arizona Commercial
opened lower at 32:1, but had recovered
by noon and closed at 33 bid, same as
the day before; Globe Consolidated was
a little stronger, while Superior & Bos
ton and Miami showed- littlo change.
Tim directors of the United Metals
Selling company, which handles the out
put of the Amalgamated Copper com
pany, have declared the regular quarter
ly dividend of 5 per cent. It is esti
mated that this company handles, in
normal times, more than 000,000,000
pounds of copper a year.
MOM
NOT TO BE
NEW YORK APATHETIC.
NKW YORK, October . Compara
tive apathy among tho voting popula
tion of this city is indicated by tho fig
ures of tho registration of Greater Now
York. For tho whole city tho figures
for two days' registration total 408,407,
as against 434,791 in 1901, a falling off
of 20,354.
SO SAYS TRANK M." MURPHY WHO
REPRESENTS INTEREST THAT
HOLDS MORTGAGE
Tho amount of copper at present used
by the United States government is
equal to one-half tho entire output of
the world at the timo when Washington
became tho first president of the United
States. The army aud nnvy workshops
for tho past twelve months used 8.750,
000 pounds, the contractors iff the army
and navy and architectural departments
14,000,000 pounds and the army and
navy ordnance shops about 5,000,000
pounds.
CLOSING QUOTATIONS.
(By Tho H. H. Bru Co.)
. 'Amalgamated 71.37 ....
1 Amcrcan Saginaw f.. .. 4.00 4.50
American Smelting ....131.00 ....
Anaconda 42.37 ....
i " Arizona Commercial. ... 33.50 34.00
f- ' Atlantic. .' ..17.00 18.00
f - Atchison 87.02
Hay. Stat o Gas 1.75
Bingham .30
Black Mountain 3.37
Boston Con 13.02
Butto Coalition 24.25
Uutte & Arizona 20
Butto Balaklava 7.50
Butte & London .15
Calumet & Arizona ....115.00
Centennial ' ,31.00
Chemung 9.00
('upper Rango 72.75
Cumberland' Elv . 7.37
Colo. Fuel & Iron 35.00
Denn Arizona ...'.' 3.37
Davis Daly .:.... 3.50
Fast Butto' -- 7.75
Krio Railway ..,.. 31.50
Franklin . 11.75
r
0.50
5.75.
9.S7
0.00
3.75
.15
F'rst Nat. Cop.
(ioldfield Con. .
Greene Catuinca
Hancock
Helvetia
Inspiration ....
Keystone '
Kjowccna w .....". 3.75
Lake Copper Co. ..... 14.00
L. S. & A , 3.00
Missouri Pacific . .s. . . . . 53.02
Michigan :...' 13.00
Mohawk 02.50
Nat. Min. Expl. .J! .42
Nevada Con 15.75
Nevada Utah 2.75
'Nipissing ..., 8.00
North Butte ' S1.00
North" Butte Ex; 10
Ojibway ., , . . . . 7.50
Old Dominion 44.50
Orphan ..... 3.00
Quiney .... 91.00
Raven 80
Reading ".;.... 129.12
Santa Fe Mining 1.75
Shannon 15.00
Shattuck 14.50
Southern Pacific 102.50
Stonewall McMilleu
Superior 'Co'tipcr ...... 25.50
Superior & Boston 8.75
Superior & Pittsburg ... 14.00
Tamarack .:... 71.00
Trinity '. 17.25
Union Pacific 102.12
Utah Copper '..'''.. 40.87
U. S. Steol ....... ,:.1:.. 40.00
do pfd ...... 108.75
Wjirron ..... 5.02
Wolverine & Arizona . . . 1.50
Yukon, Gold :'..-. i. ''. . 4.12
Miami Copper. ....;.... 10.00
2.00
.50
3.75
14.00
24.50
.30
7.75
' .50
110.00
35.00
10.00
73.00
3.75
' 3.75
8.00
12.00
0.75
0.12
10.12
0.37
4.00
' 1.0(1
4.00
14.25
3!?l
13.75
.48
10.12
3.12
8.25
81.50
.14
S.00
44.75
. 4.25
93.00
.90
2 12
15.25
15.00
.50
20.00
9.25
14.25
74.00
17.50
"4U2
0,25
1:87
4.37
10.12
"Thero is ,no reason why investors
for thp long pull should take a pessi
mistic yiew of the situation, since the
bulk of the standard issues are in strong
hands, making against material reces
sions. So long as money rules less than
the averago return on gilt-edged stocks,
the incentive to sell is not present, pro
viding, of course, the elections do not
upset calculations. Speculatively, the
best that can be expected is a profes
sional market, where active issues may
bo bought on reactions and sold on ral
lies for quick turns." Charles Head fe
Co.
One of the most encouraging results
of the business disturbances of the past
year has been the increased activ'ty in
the mining, iudustry. Several prominent
Wall street financiers, have practically
deserted the stock exchange for mining
enterprises, mid the,samo has been truo
all over the country. There has been
a great improvement in mining methods
and awakening of 'public interest In that
important industry. Mining machinery
manufacturers report a banner year, aud
the scientfic handling and treatment of
ores of all kinds i's rapidly taking the
place of antiquated hand methods. It
is estimated by the president of a large
nrning machinery company that the in
stallations of tho past twelve months
will effect an annual- saving of mora
than $10,000,000 over 'fqrmcr operating
costs. As an instance of tho advantages
of centralization, the ease of the Cop
per Queen Mining company is cited,
where ore central shaft and plant equip
ped Hi modern machinery has been in
stalled in place of tho six shaft and
isolated plants of small capacity firmer
lj in use.
OLD DOMINION'S
STRONG POSITION
PRKSCOTT, October 9. "The sale
of the Humboldt smelter has been post
poned until October 20 at the request
of parties who desire to offer a higher
bid than the one proposed. If a sale
is not consummated before tho first of
November, something- will be done to
wards starting it in a short time."
This was tho significant statement
made yesterday to a Journal-Miner rep
resentative by President Frank M. Mur
phy, upon his arrival in Prescott, from
an extended tour of the east. Tho inter
ests represented by President Murphy
hold a frst mortgago on the properties
of tho Arizona Smelting, company at
'Humboldt. Whilo ho wouhUnofadm't
that he was ready to institute 'foreclos
ure proceedings in case the property was
not sokl on tne unto mentioned, no-sum
the smelter would not be allqwcd to be
idlo much longer.
lie will then return here and visit
Tombstone, Imperial, Congress, Polland,
Wildllower and the Tiger mines, owned
and operated by the. Development Com
pany of America, of which he is the
president.'
' BASEBALL, CHALLENGE.
Natives of Kentucky, residing in
Globe challenge the butchors to a game
of baseball to bo played Sunday, Oct.
18. Accept .or reject in Sunday's Sil
ver Belt.
The furniture for the club rooms of
theSaguaro arrived in Globe yesterday.
F,OR SALE
xCOMPUTINO SCALE, Stimpson
make. Also cash register and fourteen
foot counter; bargain. Gamble's Cash
Store.
A BAD MOTHER-IN-LAW.
See her at tho Iris tonight. One big
laugh. An oxcellent program.
The wholesome, harmless green
leaves and louder stems of a lung heal
ing mountainous shrub, givo to Dr.
Shoop 'h Cougjt Remedy its curative
properties. Tickling or dry bronchial
coughs quickly and safely yield to this
highly effective Cough medicine. Dr.
Shoop assures mothers that they can
with safoty give it to even very young
babes. No opium, no chloroform abso
lately nothing harsh or harmful. It
calms tho distressing cough, and heals
tho sensitive membranes. Accept no
other. Demand Dr. Shoop 's. Sold by
Palaco Pharmacy.
STAE OYSTER PARLOR.
Sorvos dally Steaks,, mutton chops,
pork ham and eggs, hamburger, ham
burger royal, boiled ham, liver and ba
con, plain omelets, Spanish omelets,
cheese omelets, ham omelets, plain en
chiladas, enchiladas with eges, chili con
came, spring chicken, fish, oysters any
stylo. And tho best chef in Globe pre
pares tho above.
Rev. Geo. Solby's Reply
The reply of Rev. Geo. Selby to the
recent charge made by. a prominent
churchman to tho effect that our public
schools arc dc-Christianiziug the nation,
which will be given on Sunday morning
at St.. John's church should prove to be
very interesting and instructive, as Mr,
Selby has had a long experience in
both public school ami normal school
work.
NOTICE TO THE BRYAN-KERN
CLUB MEMBERS.
A full turnout of the members of the
Bryan-Kern club is expected for tho big
democratic parado in honor of Hon.
Mark A. Smith, Saturday evening, Oct.
10th. Meet at Democratic Headquar
ter: Trust Bldg., 7 p mp sharp.
L. G. MOYERS, Prest.
BRYAN-KERN CLUB.
Tho regular meeting of tha Bryan
Kern club will bo held at democratic
headquarters, Trust Bldg., Monday, Oct.
12th, 8 p. m.. A full attandanco Is ro-
i quested.
A BAD MOTHER-IN-LAW.
See her at the Iris tonight. One big
laugh. An oxcellent program.
If you want "choap" goods do not
use SOLWICO, all goods packed under
SOLWICO brand ara tho very best.
Hamlet
Had melancholy, probably caused by
an inactive" liver. A bad liver makes,
one cross nnd irritable, causes mental
and physical depression and may re
sult disastrously.
Ballard's Hcrbino is acknowledged to
be the perfect liver regulator. If you're
blue and out of sorts, get a bottle to
day. A positive euro for billions head
ache, Constipation, Chills and Fovcr nnd
all liver complaints. Sold by Palace
Pharmacy.
Alfred Benjamin
Fine Clothes
SOLD AT
Lantin's
The James R. Gibson Company
COLLECTIONS
Suite 27, Trust Bldg. P. O. Box 399.
Phoen 251, Globe, Arizona. James
Gibson, Mgr.
Donations for Democracy
The Bryan and Kern club of Globe is anx
ious to assist the democratic national com
mittee in the election of Bryan and the
success of democracy generally throughout
the country, and in order to do. this a sub
scription paper has been started. It is the
desire of the club that every democrat in
Gila county contribute tb the fund. The
success of the ticket in the states means
much for Arizona and while we are not
privileged to vote for the presidential elec
tors we can aid with funds. Subscriptions,
large or small, will be, received at.democratic
headquarters in the Trust building.
AMUSEMENTS.
AMUSEMENTS
DREAMLAND
BARCLAY, HIGDON & CO.
Single and Double Teams
Saddle Horses Hay, Grain & Coal
A Specialty made of Fine Livery Rigs
Telephone 171.
Globe, Arizona
The Modern Way
The erection of buildings by manufac
tured stoao blocks is CHEAPEST,
STRONGEST, SAFEST, COOLEST,
WARMEST, DRIEST.
Hollow Cement Blocks and Cement Brick
Estimates Cheerfully, and Promptly Furnished.
J. THORNTON PRICE
BISuSjIb'S
BOX G31
RESIDENCE 110 S. PINE
DEVELOPING RICH SULPHIDE ORE
BODIES, AND GETING READY TO
INCREASE PRODUCTION. TO DE
CLARE A DIVIDEND SOON.
HOSTON, October 9. The Old Do
minion Copper company continues to
dovelopc tho rich sulphide ore bodies in
the lower workings of tho mine, and
while it is not pushing for a larger pro
duction at tho present time, the manage
ment is getting ready for a substantial
increase soon. The costs are being grad
ually reduced and tho company is now
getting its coke under the contract with
the Phelps Dodge pcoplo at mup.li lower
cost than it paid last winter. The com
pany has about cleared up the bdlauco
sheet, and is therefore in a condition
which will enable the stockholders to re
ceive dividends within a few Mionths.
These could have been paid long ago;
but tho directors have seen fit to remain
strictly conservative nnd build up tho
working capital as well as improve the
property by tho uso of the earnings. We
estimate that Old Dominion is earning
at the rate of aljout $1 a share, which is
10 per cent on tho present selling price
and that the earnings will increase
largoly ncxtyear. through an increase
in tho production, lower costs, and high
er prices for tho product. Old Domin
ion is ono of tho best copper' invest
ments and for that matter speculations, j
OPENING ANNOUNCEMENT
I HAVE RE-OPENED my tailoring establish
ment in Globe and I am prepared to show you
the finest variety of fabrics that can be found
in Globe. Any man that is hard to fit or please
can be dressed properly here, He can get just
the suit that is becoming to him. -.You know
what the "Walters Tailoring" means. It means
perfect fit the best style and excellent quality
of fabric. There is a combination that I want
you to expect when you come, because it's
just exactly what you get. Now about the
price, I make
SUITS and OVERCOATS
$25 up
Satisfaction guaranteed. Gleaning and pressing
in connection, bring your work here.
J. W. WALTERS
Between St. Elmo and, Stranger's Home Restaurant
Programme
TONIGHT
Grand Democratic Rally!
MARK SMITH
Will Speak
Music by the Globe City Band
Roller Skating and
rioving Pictures
Sunday Night
--
IRIS THEATER
PROGRAM TONIGHT
FIBST SHOW AT 7:30 SECOND SHOW AT 8:30
Moving Pictures "On Bad Terms with the Jani
tor," (comic).
Illustrated Song
Moving Pictures "The Boston Tea Party."
A wonderful historical picture. -
Full of thrilling scenes.
Illustrated Song
Moving Pictures "A Tradegy of Japan."
"The Artist's Model" (comic).
BIJOU THEATEE
INA LEHR, Lessee and Mgr.
Presents Miss Ina Lehr and Her Capable Co.
In
"The Great Diamond Robbery"
Popular prices 25c and 35c. Reserved seats on sale
at Palace Pharmacy
"PECK'S BAD BOY," Matinee Saturday Afternoon
Prices 15c and 25c
It is Coming!
It is Coming!
The Cameraphone
ACTUAL TALKING PICTURES
They Live, Talk, Sing, Dance and Act! All the
big New York Hits in Songs, Sketch jand Drama
There is a place in Globe for the Cameraphone and Globe
is the place for the Cameraphone- It is going to staj
Watch this space for announcement of opening date of new
Cameraphone Theater
W. T. TOPPER, Manager
Pollard's Ball Ground Store
The man who would rather drive a mule
before six o'clock than a pen after six
I have been the advocate of living prices for
the people of Globe. When you have an order
Throw It My Way
Phone 1441, or mail order to P. O. Box 1385. My
experience and prompt attention awaits youf
orders
With every $20 worth of groceries you get a 31 .50 book entitled
tmr ' -r . t . -, ,
woman rast, rresent ana future