Image provided by: University of Oregon Libraries; Eugene, OR
About The Sunday Oregonian. (Portland, Ore.) 1881-current | View This Issue
Tin: SUJTPAY OREGQyiAX,' PORTLAND, XOYEMBER 3, 1907.
Leslie M. Shaw Says We Need
Too Many Colliers to Be
Prepared for War.
BANQUET TO R. M. EVANS
Responding to Toast He Sajs He
Fears Nothing but Western Hos
pitality Senator Depew Says
Our Fleet Can Cio Anywhere.
XBW YORK, Nov. 2. Admiral Robley
D. Evans, who is soon to depart in com-"
mand of the battleship squudron for the
Pacitlc. was the guest of honor at a not
able dinner Riven tonight at the Lotus
Club. A larse number of distinguished
Kuests participated in the greeting to the
Admiral, Slid the speakers included, be
sides the guest of honor. Bishop Potter,
Senator C'hauncey M. Depew, ex-Secretary
of the Treasury Shaw, Seth Low,
Admiral CouRhlin and Nicholas Murray
Butler, president of Columbia University.
in responding to a toast to his health,
Admiral .Evans said:
"This fleet of li battleships and other
vessels will sail from Hampton 'Roads on
December hi. I do not think anybody
wants to stop it.' 1 do not think anybody
will stop it, for I know the men and I
know the ships. You won't be disap
pointed In the fleet, whether it proves to
be a feast, a frolic or a light.
Would Iiike to Go to Japan.
"It would please me very much to take
the fleet to Yokohama. I know the Jap
anese and I know that we would get a
welcome there. I know it would not be
the welcome, we would get from a certain
gang in San Francisco. I do not fear
the flower shows and the dog shows, but
1. do fear the hospitality of those West
ern people. When I took charge of the
fleet two and a half years ago, we had
some target practice out there which I
thought was good, and it was good, but
during our last target practice in Massa
chusetts Bay we did better than was ever
done in the world before."
Ex-Secretary Shaw said that it was a
good thing to have a navy and espec
ially one that "hits." which was after
all the only real navy.
lly 'o Means Heady for War.
"We have the navy, but we may never
have any need for it, -unless the world'
learns that we have no colliers or trans
ports. I regret that we have to have for
eign ships accompanying our fleet, and it
I humiliating that we should have to pay
half a million dollars to foreign ships to
carry our coal. If this were a war cruise
instead of one of .peace, who would haul
our cual? Don't deceive yourselves into
believing that we are prepared for war.
We need colliers as much as we need
guns. Here a man may not say before the
press what we think in our heartfi."
Senator Chauncey M. Depew spoke in
part as follows;
Can Go Anywhere in the World.
"The commotion which this expedition
has created and the discussion it has
aroused all o,ver the world is one of the
eccentricities of the times. We have S0W
miles of coast on the Atlantic and its
harbors are familiar to our fleet. We
have an equal number of miles on the
Pacific and most of its harbors have
never seen an American battleship.
"The Orient, which believes only what
It sees, must be reminded of the fact that
the United States is .second among the
naval powers of the world. Why, why
can our fleet sail only on the Atlantic and
must not sail on the Pacific Ocean? The
answer is because it would offend the sus
ceptibilities of the new power in the
East Japan. In the first place. I believe
that the Japanese statesmen are too sen
sible and too well informed to have any
such feeling, or to desire trouble with
the l'nited States, in the next place,
where any fleet of any friendly nation
goes, ours can go if it likes and -it ij no
one's business but our own.''
CONGRESS TO GIVE RELIEF
(Continued from Page 1.)
house banks have been taking over the
loans calltu by the trust companies,
and that this increased the bank
The National City Bank has engaged"
a total of $1,000,000 In United States
gold coin In Havana for Import; that
N. W. Harris & Co., of Boston, have
engaged J100.000 In gold, and that
George M. McKadden & Brother, of
Boston, have $500,000 in gold now en
route to the United States from Europe
on the steamer Lusitania. Additional
engagements of gold In Europe today
for Importation have brought the total
Banks and trust companies ditrin
nted yesterday $75,000,000, representing
stock dividends and Interest on bonds.
This Is the largest distribution of its
kind In November in the history of the
Of the $75,000,000 distributed, $45,
000.000 represented interest un bonds
and $30. 000.000 dividends declared ' by
industrial, steam railroad and street
FXCKO.U'HIXG OX IlESEKVKS
New York Hanks Lose Cash Not as
Hud as 1803.
NEW YORK. Nov. 2. The statement of
Clearing-House banks for the week shows
that the banks hold J38.S3S.S25 .less than
the requirements of the 23 per cent re
serve rule. This is a decrease in cash re
serve surplus of $17.60o.525. as compared
with last week. The statement follows:
Loans. $1.148.2rio,K0: increase, $,741.SOO.
Circulation, $.'.1,742, 700; increase, $.",44,400.
Legal tenders, $48,194,000; decrease. $20,
12.1(10 Reserve. J224.107.9i: decrease, $oO,601.800.
Reserve required, J2ii2.!M,725; increase,
Deficit. $.T8.838.S25; increase, $37,365,525.
Ex-United States deposits, not given.
The statement as given out at the
nearing-House contains this additional
sentence: ' ,
"Percentage of reserve. 21.30, against 20
The deilcit of $.'tS.S38.R25 this week com
pares with a deficit of $1,233,300 last week.
The Financier will say:
"As was expected because of the severe
strain upon the institutions last week,
the official statement of the New York
Associated Banks made a very unfavor
able exhibition, although so far as re
gards the percentage of reserve to de
posits this was 21.3 per cent against 20
per cent in 1X.'3. The banks gained J16.
0.000 cash ' from the Sub-Treasury,
through disbursements by that office, but
the drain to the" interior was so great as
to much more than offset such an
amount; - hence the net loss of cash, as
officially shown, was $30,601,800. Deposits
were Increased by $28,254,000, and the re
serve requirements were thereby aug
mented $7,003,723. Adding this to the loss
of .cash made $37,605,525, and the decrease
in the reserve was J38.S38.825.
"Loans were expanded $60,741,500, Indicat
ing that the demands upon the banks for
accommodation must have been enorm
ous; response thereto appears, however,
to have been llbetl, for, had such relief
been withheld, the situation doubtless
would have been even more disturbing.
"It seems quite probable that the state
ment of this week wilr show much im
provement as the result of the arrivals
of gold from Europe, which will begin to
be imported by Wednesday; and also be
cause of the utilization of other measures
"It ma- be Interesting to note the
changes in Associated Banks conditions
in the week June 17, 1893, when the crisis
of that year affected the statement so
seriously and the outlook was so unfavor
able as to compel a resort to the Issue
of Clearing-House loan certificates and to
other redief devices. Compared with the
exhibit of the previous week June 12, 1S93
-deposits were reduced $19,389,200; legal
tenders, $7,430,500; and specie, $1,310,900,
making the net loss of cash $8,741,400. The
surplus reserve was, however, reduced
only $3,644,100, and the banks held an ex
cess reserve of $8,776,800. Then, as now,
the bank conditions were influenced by
heavy shipments of currency to the West,
which section was in greatest need of as
sistance: the contraction of loans
amounted to but $3,699,800, indicating that
response to local needs was fairly liberal."
MORE COIX IS TURNED LOOSE
Government Furnishes Means to Entf
Flurry In Sun Francisco.
SAN FRANCISCO, Nov. 2. The United
States Government came to the assist
once of the San Francisco banks yester
day, announcing, through telegrams, that
it had taken steps to expedite the ship
ment of coin to the Pacific Coast. This
action was the result of an appeal made
by local financiers to Secretary Cortel
you, of the Treasury Department. A vast
sum, said to be In the neighborhood of
Jlo.OOO.OuO, is to be transferred by tele
graph for the use of the San Francisco
The Government fias coin in San Fran
cisco to the amount of $343,000,000. Of
this sum. $303,000,000 is stored In the mint
and J4O.O00.O0O in the sub-Treasury. An ef
fort was first made to Induce the Gov
ernment to allow the local banks to de
posit thelr Federal bonds with the sub
Treasury here and obtain coin In return,
but the authorities in Washington re
fused to consent to this plan.
An arrangement was effected later,
however, by which similar results may
be achieved by operating it through the
New York sub-Treasury. The arrange
ment entered into between the San Fran
cisco savings banks and the Government
provides that such Federal bonds as the
local banks have on deposit in New York
may be turned into the sub-Treasury
there. The New York sub-Treasury will
then wire the San Francisco sub-Treasury
to pay out an equivalent In coin.
The first of this money was transferred
this morning. , ,
Dispatches from Washington approving
of this arrangement were received by the
local savings banks too late to permit
them to take advantage of the offer yes
Thus with millions of dollars in the
vaults of the Mint and sub-treasury and
millions on the way from New York, the
financial situation Is rapidly clearing, and
by Monday it is expected that the flurry
will have spent itself and the necessity
for the Berles of holidays proclaimed by
the Governor will have passed. None of
the banks has observed the holiday, pay
ing money to depositors and receiving
new accounts, but the action of the Gov
ernor has had a wholesome effect in al
laying excitement and preventing the cre
ation of a feeling of unrest. All the banks
have plenty of money, and none is in the
least worried by the situation.
PAYING WAGES IX CHECKS
Pittsburg Doing Business With New
Style of Money.
PITTSBURG, Nov. 2. The checking or
scrip system decided upon here yesterday
was in general use today by the members
of the Clearing-Houfce Association. It Is
believed that business men and employes
will accept the plan In the light that it
will insure the steady operation of the
great industrial establishments of the
An exceptionally heavy rush of busi
ness is being accepted here, and the
money situation threatened serious inter
ruption. The enormous payrolls, about
$7,000,000, had to be met, and much anx
iety was prevalent among bankers. Under
the system that began today employers
will pay In checks of $5, $10, $15 and $20
denominations, ordinary sums being satis
fied with cash. The landlord, grocer and
butcher are expected to accept these
checks the same as currency.
The First National Bank, of this city,
has made arrangements for the importa
tion of $500,000 in gold bullion of American
eagles from London. This is the first en
gagement of gold for Import ever made
by a Pittsburg institution. The shipment
will arrive on the Lusitania next week.
Employes Lend to Employer.
CHICAGO, Nov. 2. Payroll worries are
not among the cares today of Henry G.
Dawson, manufacturer of mantels. A
score of his own employes, all working
men, yesterday surprised him by offering
him enough currency, about $6000. to carry
him through two paydays. If Mr. Daw
"son should need more money before the
flurry in the market is a tiling of history,
the men on tho other side of his desk
will bring more. Last week Mr. Dawson
made several deposits which would have
carried him through If he had kept them
in his own safe.
Money Easier in Loudon.
LONDON, Nov. 2. --Money was iji bet
tor supply in the market today, owing
to dividend disbursements. Discounts
were, firmer on fears of further gold
exports to New York. Trading in
stocks was dull and prices finished the
week with an easy tendency, the re
newed depressions in Americans, the
uncertain position of New York and
the fears of further exportation of
gold prompting realisations, under
which securities, after hardening from
the lower levels, again dropped. Cop
per shares were firm.
OPEN SUNDAY ISSUE
Fort Probably Next Governor
of New Jersey.
REPUBLICANS CLAIM STATE
Only Four Counties Conceded to
Democrats and Those Are Con
trolled by Foreign-Born
TRENTON. N. J., Nov. 2. (Special.)
Conservative estimates, based on re
ports received from county commit
tees and other reliable authorities in
all parbs of the state, Indicate that
New Jersey will next week elect John
Franklin Port, Republican, as Gov
ernor, return that party to complete
control of the Legislature and elect
Republicans to the most Important of
fices in the different cities and counties.
Judge Fort will probably be elected
by a plurality ranging from 10,000 to
20,000 the exact figure being some
what dependent- upon the conditions
prevailing at election time.
The Republicans will elect Anators
In Atlantic, Bergen, Cumberland, Mer
cer,. Norrls and Ocean Counties, Hud
son" County being conceded to the
Democrats and the- other Senators be
ing holdovers this year.
Sixty Assemblymen are to be elected
and the indications are favorable for
a majority of them being Republicans.
The Republicans should and doubtless
will carry all . of the counties . of the
state with the exception of rtudson,
Hunterdon, Sussex, and Warren.. This
will give the Republicans 45 of the 60
Assemb-lymen. The last. House con
sisted of 29 Republicans and SI demo
crats. . -
Open Sunday State Issue.
Wit hthe' possible exception of Hud
son County, where there is a popular
demand for increased railroad taxa
tion, the "open Sunday" or excise ques
tion Is the paramount issue throughout
the state, all other questions having
been retired to the background -J the
Democratic movement In favor i- le-
gallzing the sale of liquors on Sundays,
and the opposition to this plan which
has been manifested by all church and
temperance people, irrespective of
creed or party affiliations. Judge
Fort has made his fight on this prop
osition, declaring himself in favor of
the Bishop's bill and its enforcement
and against all "open Sunday move
ments. Frank S. Katzenbacii, Jr., tne
Democratic gubernatorial candidate,
has persistently refused to commit
hinwelf on the Issue, but every one
knows just Where his party stands on
the subject. At the same time Mr.
Katzenbach has lost prestige every
where because of his lack of courage
to lace the issue. For this he has been
condemned by all of tne influential
papera of the state.
The German citizens of the state
have become estranged from the
Democrats by reason of the latter's
position in the "open Sunday" question.
The Democrats have been claiming that
the Germans are demanding that the
saloons be opened on Sundays. This Is
resented by the better class of Ger
mans. who insist that they are law
abiding and respectable and have no
desire as a class for the opening of the
saloons on Sunday. Only in the for
eign colonies of the larger cities In the
northern part of the state is there any
considerab. sentiment in favor of open
Sunday. The country districts are a
unit against any change in the present
liquor laws of the state.
Estimate of Pluralities.
. Based on the Iaest reports and
most conservative estimates the lineup
of the counties will be as follows,
the figure being Republican plurali
ties with exceptions indicated:
Atlantic, 3500; Bergen, 1200; Burling
ton, 2500; Camden, R000 Cape May,
1000; Cumberland. 2000; Essex. 4000;
Gloucester. 1000; Hudson, lO.SOO; Hun
terdon. 1500; Mercer, 1000; Middlesex,
800; Monmouth, -. 500; Morris, 1500;
Ocean; 700; Passaic, 1500; Salem, 500;
Somerset, 1000; Sussex, 1000; Union,
1000; Warren, 1000.
(Democratic). . '
Some of the Republican leaders be
lieve that Fort would be elected by a.
plurality greater than wag given Gov
ernor Stokes three years ago were it
not for the financial disturbance In
New Y'ork during the past week. Gov
ernor Stokes' was elected by a plurality
Driven to Suicide by Crisis.
SHAWNEE, Okla., Nov. 2. Russell
Johnson, a teller in tne State National
Bank, of this city, attempted to commit
suicide today by cutting his throat He
cannot live. His accounts arc reported
correct. Worry over financial conditions
the last few days, it Is believed, caused
Oklahoma Banks Reopen.
OKLAHOMA CITY, Okla., Nov. 2. The
banks of the city all opened this morning
on the limited payment plan. The de
posits were greatly in excess of amounts
that were withdrawn. The holiday pro
claimed by Acting Governor Fllson does
not end until Monday.
Greene Helps Out His Company.
EL PASO. Tex..' Nov. 2. W. C. Greene,
head of the Greene Gold-Silver Company,
has presented, that company with $7,S83,900
in stock to help the concern in any
trouble that might arise and to enable
It to continue Its work of development..
More Gold From England.
LONDON. Nov. 2. The Bank of Eng
land's stock of gold was further depleted
today by 220.000 In bar gold and W9.000
in American eagles, which were with
drawn for shipment to the United States.
XEW YORK ELECTION DULL
Campaign Over and Results Awaited
With Little Interest; -
NEW YORK, Nov. 2. One of the
quietest campaigns that New York City
has experienced in many years prac
tically ended today. The fact that no
state office is to be voted for. that
the Republican and Democratic parties
hart agreed on the nominations for the
Court of Appeals Judges, and that As
semblymen to be elected will not hav
to choose a United States Senator,
made the campaign quite colorless.
As there Will be no election of mu
nicipal officers in New York, the chief
interest centers in the fight for Sheriff
of New York County. The Income of
the Incumbent of the office, including
salary and fees. Is about $65,000 a year.
The Republicans fused with the Inde
pendence League and nominated M. F.
IhmHen as their candidate against
for Grip and
"It's not expected '
you -will tell.
get your patient well."
A fashionable Doctor in New York
City said: "Ifiud Humphreys' Seventy-seven
in the hands of my pa
tients more often than ..any other
household remedy, . and it is a good
remedy for Colds, too."
All druggists sell it, most druggists
recommend it. 23e. ' '
Humphreys' Homeo. Medicine Co., Cor.
William and John Strt. V-w ra.l, -
Thomas F. Foley, the Tammany nomi
nee. Next to the Shrievalty contest, the
campaign of Charles S. Whitman, Fu
sion candidate for Judge of the Court
of General Sessions, has attracted at- J
The Independence League has placed
candidates in the field for Judges of
the Court of Appeals and the vote will !
be watched with interest as indicating
tho League's strength in the . Presiden
tial campaign a year hence.
'In addition, to the Fusion and Tam
many tickets, the Prohibition party and
Socialist party have nominated full
state and county tickets while the So
cialist Labor party and the Liberal
party have made partial nominations.
From start to finish the campaign
has been dull. The entire city's regis
tration thiB year Is 593, S01, which is
46,000 less than that of last year and
it Is not expected that' more than 80
per cent of those registered -will vote.
HOLD FOR THE RISE
BURTON OR JOHNSON, WHICH?
Cleveland Campaign Hinges on the
Street Railway Fare.
CLEVELAND, O., Nov. 2. With ral
lies in all parts of Ihe city, the most
notable municipal campaign that has
been witnessed here in recent years
came to a close tonight. The Demo
cratic ticket Is headed by the present
Mayor, Tom L. Johnson, who la seek
ing re-election for the fourth time.
He Is opposed by the Republican ticket
headed by Congressman Theodore E.
Burton, chairman of the House com
mittee on rivers and harbors, 'who en
tered the race at the solicitation of
President Roosevelt and Secretaries
W. H. Taft and James R. Garfield.
Mr. Burton early in the race an
nounced his adherence to the Repub
lican platform favoring Immediate set
tlement of the street railway contro
versy on a basis of not less than seven
tickets for 25 cents. Mayor Johnson
demands a straight fare of 3 cents.
Nebraska Farmers Refuse to
Sell Their Corn.
HAVE NO MONEY TROUBLES
THREE PARTIES IN CINCINNATI
Will Decide Between Boss and Pop
CINCINNATI, Nov. 2. For the first
time in more than a century of Ohio's
statehood voters this year will cast
their ballots for municipal and county
officers only. The adoption of a consti
tutional amendment two years ago
changed the election of GovernoV and
other state officers to the even-numbered
years. In this city there are
five tickets in the field, but the real
contest is among the Republican,
Democratic and City parties.
Mayor. Dempsey seeks re-election by
the Democrats; Frank Pfaff, Vice
Mayor, is the City party candidate, and
Colonel Leopold Markbreit is the Re
publican candidate. An anti-boss cam
paign has been waged by all three parties.
Quiet Campaign in Pennsylvania
Fought on Official Honesty.
PHILADELPHIA. Pa.. Nov. 2. The po
litical campaign in Pennsylvania, which
closed today, was one of the quietest in
the history of the state, very little in
terest being shown in the contest for
State Treasurer, the only state office to
be filled at this year's election. There
are four candidates for the place John O.
Sheats, Republican; John G. Harmon,
Democrat; M. B. Stevenson, Prohibition;
Sam Clark, Socialist.
None of the candidates made a very ex
tensive campaign. The Democrats made
honesty in the government their principal
issue. The Republicans also took up the
Capitol affair and demanded that all those
involved In the scandal be. severely dealt
All the Republican candidates for judges
and other city offices in Philadelphia will
be elected by the usual large plurality.
It Is estimated that people In 'Chicago
spend $:i00.000 a year in keeping their "shoes
polished. Of this amount profits are said
to he $100,000.
Wliile Wall Street Sacrifices Stocks
to Get Money, They Build Barns
to Store Their Crops and
Kef use to Contract.
LINCOLN, Neb., Nov. 2. (Special.)
The financial troubles in New York, with
their later echo in the West, have not
alarmed the farmers of Nebraska. For
the past decade farmers of this state have
disposed of their crops by cantract be
fore they were harvested, but this year
conditions are changed.
During the week word came to Lincoln
from all sections of the state to the ef
fect that the farmers were building barnB
to store away the corn they were soon
to harvest. They say they will hold their
grain for higher prices, although as high
as 48 cents is now being offered. Some
of them, of course, will sell a part of
their yield within the next few
weeks; some of them will sell their
entire crop, while a few have already
contracted for the disposal of their grain.
These, however, are in the minority.
A majority of the farmers, local grain
men say, will hold their crop for a higher
figure and some expect 76 cents a bushel.
They feel assured they will be offered
that price before Spring.
The Nebraska farmers are contented
and prosperous. The times are good,
even if the corn crop was a little short
and the wheat and oats crops a little
shorter. Many' of them have their bins
filled with wheat and oats, and some of
them have a liberal amount of old corn
on hand. Grainmen. declare they are un
able to buy, because farmers will not sell
their wheat at present prices, and as to
contracting the corn even for as late as
December delivery, the growers will not
hear of It. Some of them 8Jld some
wheat earlier in the Fall at the topmost
figure, receiving as high as 85 cents a
bushel, but that was when the market
Reports for the week" coming in from
different parts of the state Indicate a
yield in Nebraska of perhaps 180.000,000 to
190,000,000 bushels of corn. The yield gen
erally has been hardly upto expectations,
but the quality, as a rule, is good. At
present practically all the old corn- has
Hill Tries to Help Farmers.
ST. PAUL, Nov. 2.-J. J. Hill is in New
York using his Influence to secure be
tween $1,000,000 and $2,000,000 In cash for
the purchase of grain. Unless the farmers
can make ready sale, they will suffer.
The magnitude of Mr. Hill's task under
present conditions is apparent, but bank
ers are hoping for the best.
Commonly cause pimples, boils, hives, eczema
or salt rheum, or some other form of erup
tion; but sometimes they exist in the system,
indicated by feelings of weakness, languor,
loss of appetite, or general debility, without
causing any breaking out
Hood's Sarsaparilla expels them, renovates,
strengthens and tones the whole system.
This Is the testimony of thousands annually.
Accept no substitute, but insist on having
In usual liquid form or in chocolated tablets
known as Sars&tabs. 100 doses Si-
DO YOU NEED A HEATER
or a Range ? Buy it From Us and Save Money
Guarantee n Carry a
0, : fe?P0t? ' Complete
Beat rJWf f If
the Klilrjk are
Market - lowest.
Green 104 - 106 FIRST STREET Between
Building ' CASH OR CREDIT andStSsls.
For the Horse Show
Make the occasion a diamond, one. A brooch, fancy cluster ring ot
; beautiful necklace are ideas f op thought, and a. selection from our
i unusually elaborate stock will lend enchantment and be a joy forever.
Quality and .Workmanship considered, our prices are the lowest for
only the highest grade of goods.
Corner Third and Washington Streets
Manufacturing Jewelers Opticians Diamond Importers
That old cloud which had its silvery lining in '03
has a golden background now. The fog may be
a little thick at the present time, but in' a few days
we will have forgotten all about it. Be cheerful,
don't worry about the money you have in the bank.
The banks are all right so is the Denny Dulin. Did
you ever stop to think what the miner has done for
this country? During the panicky times of '93 the
suppljr of gold was less than six hundred million
dollars. Today it is in excess of one billion, five
hundred millions. Nevada alone will increase this
supply by five hundred millions of dollars during
the next ten years. Are you going to get some of it ?
Here is the latest from the Denny-Dulin mine:
Assay by Garvin Cyanide Co.:
Gold, 17.56 oz. per ton; value ...$363.00
Silver, 72.44 oz. per ton ; value 47.09
Copper, 15.8 per cent; lead, 6 per cent.
Total value, per ton, $457.47
We are not going to try to make you believe that
we have several feet of this kind of ore for we
haven't. This assay was from ore selected from a
lot we received from the mine this week. It is the
highest returns we have ever received. There are
possibilities and probabilities where you find such
ore as this, although we are very well satisfied with
the $75 grade.
Here is what the Goldfield Review has to say of
the Gold Mountain mines:
"Gold Mountain district is fast becoming famous.
A vast amount of development work is being done
and there are many paying properties in the district.
"The Bonnie Clair has an enormous amount of
ore blocked out, and the mill is being run day and
night pn high-grade ore.
' ' The Oriental is in high grade, and will soon be
among the shippers.
"The Gold Mountain Carbonate Mining Company
has made a wonderful showing during the Summer.
This property has developed a five-foot vein at a
depth of 160 feet, which gives returns on average
samples of $310.00 per ton. . '
"The Denny-Dulin has recently opened up sensa
tional ore and is in line to swell the list of shippers
and may outrival some of the best properties iu
"Tokio Consolidated has a large tonnage of high
grade ore blocked out.
"The Goldfield Crest has a large acreage and a
wonderful surface showing. Has let leases upon
"A large milling plant is proposed for the
Nevada Empress, which will be run on the com
pany's own ore, besides receiving customs orders.
"The Corbett mine has four 14-mule teams em
ployed hauling ore. They convey 50 tons to the trip.
"The Great Western and Murray mines are both
being actively worked. Ore is being sacked and
forwarded to the reduction works. Splendid re
turns are being received.
"The Nevada-California Power Company has
completed a power line to Gold Mountain and is
now prepared to furnish ample power to the prop
erties being developed.
"The Brock and Clark systems of railroads pass
within eight miles of the heart of the district, and
upon completion of the branch to the western part
several more mines will ship from that side."
We .had a few words to say last week about
opportunity and getting in with the right people.
We told you how we have tried to safeguard your
interests, as well as our own ; what we intended
doing with the money and about how soon you could
expect returns. Would you like to know why we
don't put in the money ourselves, if it is such a good
thing? The truth is homely but we will give you
straight goods on this deal. We haven't got the
money. We are not rich; neither are we philan
thropists. If- we had the money, we would not be
offering you this chance.
Ninety per cent of the greatest mines of the
world have started in just, this way.
When we said a limited amount of stock would
be sold, we told you another truth. Neither do we
intend to raise the price the mine will do that.
We are not trying to make dividends out of you
we are going to get the dividends out of the prop
erty. The price is still J.0 cents per share, and the
rapidity with which the stock is being subscribed
for, your opportunity in the Denny-Dulin will soon
There are few men that are so well or favorably
known in this community as Alex Sweek, Thomas
O'Day, Dr. Sanford Whiting; I. Aronson and J. II.
Yates, the directors of the company. Get in with
a home concern with people you know. The prop
erty is located on Gold Mountain, near Goldfield,
Write or call on us for further particular?
303 Wells Fargo Building
Phone M. 8397 Portland, Oregon