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Daily Arizona silver belt. (Globe, Gila County, Ariz.) 1906-1929, April 26, 1910, Image 4

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

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn87082863/1910-04-26/ed-1/seq-4/

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If sgstt DREAMLAND THEATER m
4f &
M
ALCH
Chritftensen agrees to throw Husson catch-as-catch-can sT:yle five times in one hour. Winner takes the gate receipts.
Preliminary-A. H. Berry vs. Joe LeDuk--Be& Two Out of Three
LADIES ARE PARTICULARLY INVITED
and will be admitted FREE
Mining and Financial News
i
BOTTOM AFTER
Steel Furnishes Only Ray
of LTope Bears Rush
to Cover Wheat
BANKS WORRIED BY
OUTGO OF MONEY
Cotton Market Faced by
Paralysis as Resu.lt of
Great Pools
NEW YORK, April 2o. Speculative
sentiment in the stock market today
was woro depressed than over, aftor
the faihiro of momentary advances dur
ing the day. Tho reeu'perativo power
proved extremely modcrnto and short
lived. Tho action of tho -wheat mar
ket was taken as discrediting tho worst
fears of damngo to grain by tho cold
wive. Account had been taken, though,
of tho known disposition of holders of
old grain to liquidate their holdings and
take advantago tof tho strong spots
"to do so. Support centered on Steel,
to tho accompaniment of renewed pro
dictions of great positiveness' thnt tho
dividend would bo increased to 5 per
J Sultan & Wayne
MINING ENGINEERS
Globe lcc. Light & rower Bldg.
P. 0. BOX 2B7
171 MESQUITE ST.
TEL. 1121
ASSAYS
MINE SAMPLING
H. E. BIEROE
W. BINKLEY
SATCHELL, VAN WAGENEN
& SATCHELL
ENOINEEKS, CHEMISTS, MIN
EROLOGISTS DEPUTY MINER
AL SURVEYORS.
Booms 10, 12 and 14 Trust Bids.
GLOBE, ARIZONA
PHONE 63
(Established 1901)
THE H. H. BRU CO., Inc., Brokers
Correspondents with Members of Boston and Now York Stock Exchanges.
SPECIAL ATTENTION GIVEN TO BOSTON COPPERS AND ALL
CURB STOCKS
AMSTER BLDG. . GLOBE, ARIZONA
P. O. BOX 810 PHONE 1741
WILSON & WAYNE
BROKERS
fetocks. Bonds and Mine Investments. Listed and Unlisted Securities.
Local Stocks, Curbs.
The Greatest
MIDDLEWEIGHT CHAMPION OF THE SOUTH
cent at tho first meeting of tho direc
tors. Now York bankers would regret any
development to encourago deferred
liquidation of interior bank loans for
withholding grain from the market. The
extended loan position of tho interior
banks is a feature of tho situation that
is not liked. Shipments of currency
fiom tho interior aro said to bo due
to scarcity on tho Now York exchange
xnd low deposits. In tho meantimo Chi
cagj bankers report country bank de
posits being drawn upon to meet land
payments, including largo shipments
from Canadian lands.
Tho chaotic conditions of tho cotton
market have disturbing features from
both stock maiket and financial points
of view. Tho diflicult position of cot
ton shorts has indu'eed ro-purchaso of
cotton in Liverpool and reshipments
hero at a loss. On top of this compli
cation comes a rush of Liverpool brok
eis to New York to make fresh pur
chases influenced by the appearance of
cotton bills of lading abroad for which
no cotton exists. Paralysis of tho cot
ton iudustry is a dreaded consequence.
METAL QUOTATIONS
NEW YORK, April 2.). Standard
copper wns weak today, spot closing
at 12.10 to 12.53; April, 12.50 to 12.55;
May, 12.50 to 12.02U.; June, 12.30 to
12.55; July, 12.50 to 12.00. Tho Eng
lish market was easy with spot closing
at 30 7s Od and futures at 57 10s.
Local dealers quote lake at 12.75 to
13.00; electrolytic, 12.02. to 12.75;
casting, 12.50 to 32.G2M!. Exports, S00
tons, making 10,134 tons for tho month.
Tin weak "with spot and April clos
ing at 32.90 to 33.10; May, 32.80 to
33.02'i; June, 32.75 to 33.05; July,
32.90 to 33.15. London closed easy with
spot 150 35s! and futures 151 15s.
Lend dull with spot at 4.35 to 4.40
in New York and 4.35 in East St.
Louis. London unchanged at 12 12s
Od.
Spelter weak with spot 5.40 to 5.55 in
New York and 5.15 to 5.25 i nEast
St. Lon'is. London unchanged at 22 3s.
Silver, 53 Mexicans, 44.
QUOTATIONS
NEW YORK, April 23. Special wire
to Wilson & Wayne. Tho first install
incut of Ray Central bonds were issued
with sales at par and interest. The
bear clique is making a desperate effort
to cover a largo lino of shorts by foie
ing stock sales at $3.00. Investors can
well afford to buy tho stock at this
price in view ot Channlng's re-confirmed
statements of yesterday of
7,500,000 tons of ore. When this news
gets circulated wo look for a strong
rjHE RODGERS HOSPITAL
and Training School for Nurses
For Surgical, Maternity and General
Medical Cases. A limited number
of pupil nurses taken for training.
Directory for Graduate Nurses in
Connection
MARX A. RODGERS, Ja D.
123 S. Stono Ave. Tucson, Arizona.
P. O. BOX 1449
Handicap Wrestling Match Ever Staged in the Southwell, between
FOR A SIDE BET
rising market and would like to see
our friends take, advantago of tho pres
ent situation. On its tonnago Ray Cent
ral has a net share valuo of around
$7.00 to $10.00.
WEIR BROS. CO.
New York Close
Ameiican Smelters .... 78.37. 78 50
Amalgamated 72.12 72.25
Anaconda 43.50 4400
C. E. & 1 37.87 38.00
Erie 28.25 28.50
M. K. & T 40.87 41.00
Missouri Pacific 08.50 08.75
Reading .'. 150.00 150.12
Rock Island 44.25 44.50
Southern Pacific 123.50 123.75
Union Pacific 181.50 181.02
U. S. Steel com 81.50 81.02
Utah Copper 44.G2 ....
Boston Close
Adventure G.OO 0.23
Arizona. Commercial ... 1G.75 17.00
Atlantic 7.5U 8.50
3oston Corbin 14.50
Calumet & Arizona .... 03.00 01.00
Copper Range GG.23 00.50
Centennial 18.00 20.00
Franklin 12.25 13.00
Grecno Cananea 8.75 9.00
Girou'jc T.75 8.00
Hancock 19.00 20.00
Helvetia 3.00" 3.50
Indiana 25.00 20.00
Koweonaw 4.25 4.50
La Sallo 13.75 14.00
Lake 50.S7 51.25
Michigan 5.50 G.OO
Miami 22.50 22.75
North Lake 14.50 14.87
Nevada Consolidated .. 20.37 20.02
North Butte 33.12 33.50
Ojibway 8.50
Old Dominion 30.00 37.00
Shannon 12.00 12.50
Superior & Pittsburg . . . 13.00 13.25
Superior & Boston 11.00 11.50
Trinity 0.00 0.50
Ray Con 18.12 19.50
U. S. Smelting 42.50 42.75
Utah Consolidated 23.00 24.00
Curbs
Arizona Colorado .OS
Arizona Michigan 40 .50
Boston Ely 2.87 3.00
Bohemia 9.25 9.73
Butte Ely 75 1.00
Cactus ..' 3.12 3.37
Chino 32.12 12.25
Calumet & Montana ... 1.12 3.25
Calumet Corbin 75 .80
Colorado Mining 74 .79
Chief Consolidated 1.87 2.12
Cortes 2.12 2.37
Coulova, $2 paid .73
Cordova, full paid . 1.75
Dcnn Arizona 2.50 2.75
Ely Central 1.00 1.00
Goldfield Con S.OG 8.19
Gila G.OO G.50
Iron Blossom 3.00 1.12
Inspiration 7.5G 7.G2
Keystone (new 3.G2 3.87
Live Oak 20.73 21.00
Mangus 2.00
Montana Clinton .00
Mason Valley 1.G9 3.91
National Min. Exp 38 .40
Ohio Copper 3.50 "3.30
Pinto .20
El Ravo 3.00 3.12
Ray (jential 2.87 3.00
Superior & Globo 40 .50
Shattuck 23.50 20.23
San Antonio 8.75 9.12
ioi.j; Consolidtaed 31 .33
Warrior Development . . 10.75 11.23
FEAR MANY LIVES
LOST ON FISHBOAT
Schooner Reported as Lost
with 187 on Board
ST. JOHNS, N. V., April 25. Tho
sealing schooner Boothic, which arrived
late last night, brought from the fish
ing bank tho report that tho steamer
Aurora had sunk.
It is feared, according to report cur-
lent at tho fishing banks, that the en
tire ciew of 187 men lost their lives.
McElroy for wall paper.
DAILY ARIZONA SILVER BELT
vs.
DOLLie ROASTS
AMENDMENT TO
RAILROAD
LAWS
Opposed by Root in Defense
of Crawford-Elkins Ad
' dition to Bill
RAILROAD STOCKS
WATERED TO LIMIT
Root Attacked by Clappas
Being Inconsistent in
Ilis Argument
"WASHINGTON, D. C, April 23.
With Dolliver criticising in pointed
phraseology tho,, Crawford-Elkins
amendment to the traffic provision of
tho railroad bill, and Root supporting
tho same provision with careful legal
argument, tho scnato today was tlie
scene of an interesting debate.
Tho Iowa senator showed his resent
ment at interference of the administra
tion in proposed legislation, while Root
said the experience of tho executive!
branch of tho government had become
satisfied of tho necessity for such legis
lation. At the close of the debato Senator
Elkins mado an effort to secure an
agreement for a vote ten days hence,
but failed becauso of the objection of
Senator LaFollette, who said the 'sen
ate had not yet had rih opportunity to
scrutinize closely more than half the
bill.
Railroads in Debt
Declaring the obligations of railroads
to bo m reality a part of tho public
debt, Dolliver said that within tho past
few years, "right under tho nose of
congress, in tho midst of the Roose
velt era, liabilities had been contracted
by tho railroads exceeding the $2,000,
000,000 public debt which the country
found saddled upon itat the close of
tho civil war, and which our children
will have to pay after wo aro dead."
Theso debts had been contracted, he
said, b irresponsible men to permit
harmonizing their interests without add
ing ono dollar's worth of railroad facil
ities. He was satisfied that whatever was
dono the government should keep an
cyo on and control the actions of rail
roads. Of his opinion, the pending bill
paralyzes the nrescnt control.
Tracing tho history of "the traffic
agreement scheme," Dolliver asserted
that in effect it was a mere Tencwal of
tho pooling system of tho past.
Root in Defense
Replying to Dolliver, Root said he
thought Dolliver had been led into some
extravagance. He did not think, for in
stance, tho American peoplo were on
the road to slavery.
Ttegarding the traffic agreement of
the provision, Root said that as it
stands it accomplishes in a practical ana
effective way tho thing which Mr. Dol
liver had ifcclaied desirable.
He concluded with the assertion that
tho Crawford provision was practicable
and should bo enacted.
in a few words, Clapp attacked the
position of Root as inconsistent, saying
that in ono 'breath ho had argued '
the Cummins amendment, lequiring the
passing on lates in advance, would nul
lify the effect of tho provision, while
tho next he had contended that tins re
sult would be practically accomplished
if tho Crawford Elkins prowsion he
came a law
CHAMPION
OF $100.00
Admission
ROOSEVELT
HE 1ST LIVE
TO
Tells Doting French of His
Aspirations to Merit
Their Praises
PARIS, April 25. As tho guest of
Paris, today, Roosevelt was received by
the city fathers in tho Hotel De Ville,
and was the subject of glowing tributes
pronoii'neod by M. Cazon, president of
the municipal council; M. Do Selves,
prefect of tho Seine; M. Lampuo, pres
ident oi tho general council of tho
Seine, and M. Lepine, prefect of police.
Speaking in French, Roosevelt sai,d:
"You make of mo an ideal which I
can only try to realize in the future."
After nn inspection of tho magnifi
cent building Roosevelt sat down vto
luncheon between Premier Ilriand and
M. Casson, two hundred others being
present. Tho only formal toasts given
was when Roosevelt proposed a toast
to the city of Paris and the French
people.
During a visit which he paid to Car
navelct, Roosevelt manifested great in
terest in the original revolutionary doc
uments. From the museum he visited Notre
Dnmo cathedral.
At the opera tonight Roosevelt en
joyed a repetition of the ovation at the
Comedie Francaise Thursday night.
The opera was "Samson and Delilah."
When the curtain fell at the clpso
of tho second act, applau'oe for the art
ists swelled into an uproar for Roose
velt, who aroso twice and bowed his ac
knowledgements. Tho colonel and Mrs. Roosevelt dined
at the Military club as guests of Gen
eral Brugors and officers of the Roch
ambeau mission.
GREAT WESTERN OIL
And gasoline. See Pcnn, Marx' cigar
stand or 'phone Red 15.
COAST SUGAR PROBE
Attorney General Sends His
Representatives to San
Francisco
SAN FRANCISCO, Cal. April 23.
Representatives of the four biggest
sugar concerns in this city and Honolulu
were summoned today by the federal
grand jury, and during tho afternoon
were closeted with government inquis
itors and Assistant Attorney General
James It. Knapp, representing Wicker
sham. When the session adjourned Knapp
admitted that ho was here to investi
gate. GREAT WESTERN OIL
And gasoline. See Pcnn, Marx' cigar
stand or 'phone Red 15.
SHERMAN TALKS OF
TARIFM.AW
( Continued From Pago One.)
we aro to continue our own woik and
maintain the present volume of em
ploymcnt and high standard of wages
and living.
Imports Increasing
"Imports during the first eight
months of the present fiscal year hae
inks
E S
LIGHT WEIGHT OF ARIZONA
50c, 75c.
COOK & COMPANY, Bankers
General Banking Business Transacted. Collateral
and Escrow Loans
Personal Responsibility over $250,000.00.
exceeded the corresponding months of
last year by over $200,000,000.
"There are two significant features
of this state of our foreign commerce.
In tho first placo it is necessary that
our exports should exceed our imports
by some $300,000,000 to $400,000,000
annually in order to make good our
foreign obligations and prevent the ex
port of gold.
"The second, and to mo tho more im
portant, featu'ro of this great increase
in our imports in manufactured and
partly manufactured goods, is the dis
placement of American production.
"I will not assert that up to the
pieseivt timo it has injured any Ameri
can industry. With the immens'o vol
ume of employment that has come with
tho now tariff law, the great increase
of wages and consequent purchasing
power, has como the ability to absorb
tho imports in addition to the absorp
tion of domestic productions.
'iNo danger need to be aprehendedj
' m niinnrinir n tnTiff Irm- wtiiflti ti-ill ln
prohibitive. As long as we provide a
large volume of employment at high
wages for our people, so long will ac
cruing prosperity enable us to buy
abroad su'ch a quantity of luxuries, aftd
to some extent necessities, that will
PHOTOS
Smith's
493 NORTH
F. L. JONES & SON
Funeral Directors and Embaimers
Office Cor. Broad & Oak Res. 346 S. Hill St.
TELEPHONES Office; Black, 84; Residere, Green 84.
The Globe Commercial Co.
TELEPHONE 221 .
We Want Your Trade
Ths quality of goods carried by m can always bs depended en. Wa uj
and cell the best, and handle only such qualitlei at will appeal to tOTtrt
of "good things to tat."
We have accommodating salesmen.
' Our solicitors are competent.
We make prompt deliveries
Open an account with m to-day, and wa will both b winner.
Stationery
RYAN'
1 1
Toilet Articles
Tuesdaj', April 26, VKO.
and $1
continue to net a revenuo to meet our
expenditures.
Appeal to Businesss Men
"Because I believe wo should make
at homo nearly everything that we can,
instead of buying it abroad, I again em
phasize the fact that, while I do not
advocate an immediate revision of tho
tariff, I wish to put myself on record,
here as insisting it is the duty of the
business men of this cou'ntry to scan
closely the increasing imports to see,
if they continue, it would not be wise
and better to protect our own labor and
industries instead of sending abroad
gold to buy cheap labor in foreign
countries.
"If we do not anticipate and pre
pare if we open our custom gates too
far then we shall invito and have an
nvalancho of foreign goods that will
closo our mills and drivo our laborers
to idleness. Then will wages and prices
fall, and compared to tho cousequcllt
calamity and disaster that will follow,
tho depression of 1893-90 will be a
summer shower compared with an equl
noxial storm."
GREAT WESTERN OIL
And gasoline. See Pcnn, Marx' cigar
stand or 'phono Red 35.
Studio
BROAD ST.
Drugs
Guns
5aaaag!i!MKMavfiESB;
-W

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