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About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (March 19, 1905)
TI1E OMAIIA DAILY HEE: SUNDAY. MAECIT 10, 1903. 1? t HEAD OF THE FIRM OF Jones & Borlinl of Goldfield, Nevada, Discoverer of the Famous January Viin of Who Has Divided Among His Associates Over 1LLB0H DOLLAR: In Profits from His Goldfield Operations to Date SACKS T i urr HIS ulttk KAWICII GOLD REED .HHING CO. Capitalization, - - - 81,000,000 Divided Into One Million Shares of One Dollar Each. Full Paid and Non-assessable. Treasury Stock, - 400,000 Shares KEY PITMAN, - - - - - President Mltio Owner ;nd Artorney-at-Law, Tonapab, Nevada. S. II. KITTO, Treasurer '. Cashier Nye an J Orrtujbjr Co. Bank, doldfleld, Nevada. JANUARY JONES, - - - - Secretary Famous Mining Expert, doldfleld, Nevada. C Fifty lessen were let last month on the property of the Gold Reed Mining Com ny In Kawlch, Nev., to practical mining m?n who had prospected every Inch of the around. Within twenty-four hours eleven of these had struck shipping ore, namely, 'ore containing gold to the extent of $100 per ton or upwards. Some of the assays showed value aa high as $1,200 per .on. Almost In every direction, !n Kswlch strikes of bonanza ore are reported dally. In the heart of this region lies the property of the KAWICII GOLD REED MISIKG COMPAXY. It is Just three-q'.-irter of a mlla from the property of the Qold Reed Mining Companv, where the other famous discoveries alluded to have been made. The compsny owns five full clnlms, or 100 acres. A Tela of sold bearing; quarts, from three to four feet wide, that crops An tall view for n Matanc of l.tlOO fret, Is disclosed on the surface. Sor f lie assays show -values across the vein of 7H.M per ton. This property was -ken over by the KAWICH GOLD REED MINING COM ANY after an examination by Mr. Jnnuary Jones, who owns a quarter of all the stock of the company, and declares no partvf his stock for sale. The men who own the Gold Heed Mining" Company, the original dis coverers of Kawlch, have within a fortnight made a dosen requests for terms to lease the propel ty of the KAWICII GOLD HEE1J MIMING COM PANV. They have prospected It and made assays, and they know the trend of their owu newly discovered ledsres. Their anxiety Is slgnldcant. These offers have been flatly refused. A DO AAniMI UUL1J HEiUU - 1 , 1 lUinrAJll will UVTVlWftt It. uvvw property. A STOCK OFFERING. The purpose of this advertisement is to sell a small allotment of shares of the par value Of $1.00 ecch. Of the KAWICH GOLD HEEU MIN1XO COMPAXY, at 15 cents per share. The money is to be used for development purposes. Those who buy It .must be nonresidents of Goldfield. Mr. January Jones and his associates aim by this great offering to secure new friends for Nevada's world-beating gold camps, and to create a large following. The opportunities are enormous and to swing a large num ber of other enterprises In view, In which fortunes are to be mudo, these successful operators are willing to make the general publlo their partners. The record of January Jones .in thlB particular is one to be conjured with. He discovered the famous January vein of the Goldfield Mining Company, leased the property, and took out of the mine a million dollars worth of high grade ship-. ,'plng ore in eleven months. This he dlvldsd with men who, on his invitation, had taken a "slice" of his Investment. BONANZA ORE IN KAWICH. Kawlch threatens to make even the tremendous showing of Goldfield look tame. When it is remembered that Goldfield produced during the past year. Its first year of existence, $1,000,000 worth of gold, Just a million more thnn did Cripple Creek dur ing Its first year, the Importance of this statement will be understood. Goldfield and Kawich are part and parcel of the same stretch of Southwestern Nevada's mountainous desert, and geologists affirm that the formations ar identical. In both Goldfield and Kawlch the surface showings are also the same. Mr. January Jones, who has examined every inch of the ground at Kawlch, along with ether mining experts of national repute, pronounces Kawlch a second Goldfield. when Goldfield was as young a camp as nawlcn is now. companies were rormea and treasury stock was sold for development purposes at the same figures as Kawlch Securities are l.ow offered. History is repeating iteeir ana win continue to repeat it- ..-l a waoi. aim rinlHflM rtnrk. thai fl.re now ffpllinffnt from one dollar to two dol lars l . share, could be had at ten and fifteen cents. Kawlch stocks that can now be had at fifteen cents will, on merit, be selling at a dollar or more within a year, or sooner. KAWICII IN REPUTABLE AND ABLE HANDS. The best mining talent of Goldfield, the men who have made fortunes out of Gold field mines, Malcolm McDonald, United States Senator Nixon and January Jones are the principal owners of Kawich properties. Kawlch in the hands of these astute and reputable mining men is guaranteed a future second to no other gold mining camp in ino wuriu. Th.u m.n -rM nnt meditators. Thev are Investors, find two of them Malcolm McDonald and January Jones have thirty years of mining experience behind them. They Interest themselves In properties only after they Inspect them personally, with i . . .1 .1 V. . . l.i.i. nmnn.tla, . i iloii.lnn Vi . . v n t 1 1 mail a t ve f In tliam an asB&yilli UUllll, aim 1110 wmj v. .v.-.. ucvcih ..v. "v . ... The reason th.it you have an opportunity to purchase stock in this property is that the Kawlch Gold Reed Mining Company Is not the only one on the map. There are other worthy properties In this district, now conceded to be the greatest gold min ing district in the world, and it takes millions to acquire ownership and millions to develop them all. WHY YOU HAVE AN OPPORTUNITY. It Is the practice In Southern Nevada, and, in fact, throughout the entire mining country of the far west, for mining companies to realize funds for development pur poses by the sale of stock, at a nominal figure, at the outset. From 60 to 70 per cent of the stock of eery company ns a rule goes to those who put up the money for tha purchase of the company's property, snd as most of this money is raised by mining men who know the district and are Interested in downs of other enterprises, they are glad at the outset to avail themselves of this means of engaging outside capital. It also accomplishes another purpose. Once an investor outside the mining region proper puts his money Into one of the mining properties, his Interest Is focused on the mining situation of the state, and the task of securing big capital at short notice for other enormous mining enterprises that come along, end are bound to continue to develop in a region where nature has apparently distributed her wealth so prodigally, Js a simple matter. ... ,, , . iv. : The history of all nreat mining sections shows that the small Investor is the man who more than ai.y other, contributes to the upbuilding of great mining camps. Until millions of tons of ore were blocked out underground In Tonapah, eastern capi tal held back. Until millions of dollurs worth of ore were shipped out of Goldfield, aven successful mine operators of Colorado who all their lives struggled with the problem of finding capital to develop good prospects Into producing mines, held back. Tha history of the Amalgamated Copper Company's mines and of the big Montana and Colorado mines show that the millions that were paid for them would never have been paid but for the fact that the Investor of moderate means was willing early in the game to gamble with his capital to a certain extent to help develop a good pros pect Into what might turn out to be a great mine. CHANCE FOR THE POOR MAN. Goldfield has rightly been termed the poor man's camp, for there the money of the man with small accumulations has gone to purchase stock sold for development purposes In the early stages of the camp. Thousands of men In moderate circum stances throughout tho country have profited enormously for this reason. They have been willing to Invest at an early stage. It Is Impossible at this time to even ap proximate what their profits will be when the mines are fully developed and the or underground la fully block ,d out. When that time arrives the big operators of tho east will send their engineers Into the dlstriot snd measure with the tape line the exact quantity of ore that Is dlseksed, and then we will hear of the sales of mines for minions to the big capitalists. Then only will the day arrive when the proper reck oning can be made. The flower of America's mining engineers who have visited the Kawlch dis trict and examined the ore deposits there, as disclosed by ths outcropping on tho surface and at the short depths so far reached by development, unite in the opinion that the ore bodies at Kawlch are as large and as valuable as those of Goldfield. A man, who successfully gets In on the ground floor of a likely Kawlch prospect Is therefore laying the foundation for a fortune. , The property of the Kawlch Gold Reed Mining Company, backed as It is by the reputation ef a man who has already divided over a million dollars among his as sociate by his Goldfield operations, is more than a LIKELY producer. TELEGRAPH YOUR RESERVATION. If you want stock lr the KAWICH GOLD REED MINING COMPANY bet ter telegraphy if possible, your reservation of shares, snd then remit by, bank draft for whatever number of shares you order, at the rate of II cents per share. The right is reserved to reject any orders for stock in excess of the allotment. Address: JONES & DORLIHI, Fiscal Agents, 210 Main Street, GOLDFIELD, NEVADA. Bank references (by permission): Nye and Ormsby County Rank, Goldfield, Ne vada, and John 8. Cook and Cumpuny. bankers, Golilfield. Nevada. A fortnlaht ago Jones and Iturllal pat ont stork In tho Dallfra Oil pie Mlntnar Company nt IB cants per share. It Is now selling la UoldSeld at Ittl seats per share. Art promptly If yon want a part of the Kawlch Gold Heed Mining Company. CONDITION OF OMAHA'S TRADE Wholesaler! Experienced Brisk Demand for AU Seasonable Lines. MANY COUNTRY BUYERS ARRIVED Several Price Changes Took Place, ngar Being stronger. Coffee Lower, Sheet Iron Higher, with Other Minor Changes. Omaha Jobbers and manufacturers report the demand for spring goods last week as being of very saiisfactoi y proportions. A large number of merchants arrived In the city to complete their purchases and travel ing salesmen met wan good success on the road. Present indications are that wholesalers will experience a brisk demand this week also, and, in fsct, many are expecting a good trade throughout this month. Their reason for expecung the de mand to continue longer than usual is that merchants were late in getting started, and as a result will be late in completing their buying. Accoraing to advices received from the country merchants have been enjoying a nice trade on seasonable lines. Farmers are, of course, beginning to get busy In the fields, but still they seem to find time to go to town, and as a result merchants have been selling considerable spring stuff. The feeling throughout the country seems to be very good and both wholesalers and retailers are counting on spring and sum mer business this year, breaking all pre vious records. Traveling men who have been carrying fall samples for future delivery have also been taking a large number of orders, and. In fact, have done much better than usual for so early In the season That is par ticularly true In the line of rubber goods. There have been quite a few market changes 'during the week under review, but still they have not, as a rule, been of a startling nature. As a general thing the markets seem to be In a good, healthy condition, with all Indications favorable for their remaining that way for some time to come. Collections are reported as being about normal for the time of year. Raw Sugar Higher, Coffee Lower. Wholesaler grocers report the demand for their line of goods as being fully up to expectations, and, In fact, tne demand has been unusually heavy, with the out look very encouraging. About the usual number of price cnanges took place last week, but the sugar market Is unchanged so far as rellneu grades are concerned. The market on raws, however, advanced He In New York ana 3d to 6d In London. A much better reeling is noticeable than has prevailed for some time past regarding the future market, and thoBe in close touch with the general situation believe that the predictions of some weeks ago regarding Higher prices are to be realized. 'ihe coffee murket was again rather ir regular last week, advancing and declining at quite a rapid rate. The close of the market was lo to 16 points lower than the close of the previous week. Some of the well known brands of roasted coffee was also reduced c per pound on Friday. It should bo noied, however, that the de cline on green coffees Is conttned very largely to the lower grades. The old crop of yellow coffee Is commanding full prices and in some instances la even sell ing at a premium. The fact that some New York brokers have been sending out low prices has apparently created the im pression that the decline has affected the entire line, but such Is not the case. In speaking of the situation a local Jobber said that there is a good deal of dark green coffee on the market which is very undesirable and any roaster caring for his reputation would not dure to send that class of stock to the trade. It la of course difficult to tell at this time Just what the final outcome will be but many of the larger operators are firm In their belief that higher prices will eventually rulo as they claim that the consumption of coffee, taking the world at large, has overlai;ied the production. In the canned goods market considerable Improvement In both corn and tomatoes Is noted. Tomato packers in particular are showing a stronger feeling and ex press the hope of gelling better prices in the near future than can now be obtained. It is also difficult to find any spot standard corn for lees than futures can be secured considering the carrying courses, sweet potatoes, gallon apples and California peaches are all getting Into stronger hands and will doubtless go out at a considerable advance over present prices. There has been no important change In the dried fruit market during the week under review. The demand Is Increasing, however, and particularly Is that the case with prunes, and raisins, while the entire line Is now moving out at a very satis factory rate. There has been particular change In the fish market, hut as has been previously mentioned through these columns, prac tically the entire line is in a very strong position with the tendency of prices up ward. The demand at the present time is exceptionally heavy for even this season of the year, and Indications are favorable for that being the case throughout the Lenten seusou. ihat being trim it does not seem as though considerably higher firlces could be prevented on a number of Ines. Advance In Sheet Iron. About the only Important change In the hardware market last week was an ad vance In the price of sheet Iron amounting to $2.00 per ton. This caused an advance In the price of steel roofing amounting to loc per square. Galvanised: iron Is still unchanged, but Jobbers nre expecting an advance on that line at almost any time. These advances simply go lo show that Jobbers have been correct In predicting higher prices for hardware. They are still of the opinion that the top has not been reached on a number of staple lines so that they consider hardware at present prices as good property. Those marchunts who stocked up early In the season al ready have a good profit In their goods with prospects of still better margin be fore the goods are all disposed of. So far ns trade conditions are concerned Jobbers have no cause for complaint. They are still running far ahead of the record established last year, with everything pointing to a continued heavy demand throughout the season. The demand Is not limited to any particular class of goods as everything that may be classed as sta ple or seasonable is selling at a very rapid rate. Dry Goods Active and Steady. Local dry goods jobbers experienced a llvelv trade last week and traveling sales men also met with much encouragement. Taking It altogether, the volume of busi ness was very large for the time of year. Judging from advices the wholesalers, have received from their customers, there are still a good many buyers to come, so that a good house trade Is expected both this week and next. Of course, most of the orders from now on will be somewhat smaller, but It looks as though there would be enough of them to make the total vol ume very satisfactory. Retail trade out through the country is opening up in good shape, In spite of the fact that farmers are busy with their work, and with seasonable weather from now on retailers expect to enjoy a more liberal patronage than they did a year ago. There is nothing new to be said on either cotton or woolen goods, prices on leading lines being In practically the same notches thev were a week ago. and. as has been previously mentioned through these col umns, those best posted on the general situation do not look for any radical fluctuations for some time to come. Rubber Goods Will Advauce. April 1 Is now close at hand, which Is the time set for the next 6 per cent advance In rubber goods to take effect. At the time the last advance was put in force it was announced that on April 1 there would be an additional advance of & per cent. Mel chants have been placing their orders for next fall in anticipation of this advance, and nearly all of the merchants who ex pect to buy before they actually need the goods next fall have already placed their orders. A few orders, however, keep com ing in and it would cause no surprise If quite a good business was transacted be tween now and the end of the month. The number of orders booked for next fall Is larger than ever before so that Job bers are well pleased with the outcome of their spring eompaign for fall business. The leather goods trade is also of very satisfactory proportions. A good many merchants arrived In ths city last week and bought quite freely. They all had a good word to say regarding the condition of trade in the country and seemed to be very confident regarding spring and sum mer Justness. , Movements of Merchandise. NEW YORK, March 18. Total Imports of merchandise and dry goods at the port of New York for the. week ending today were $11,241,794. Total Imports of specie at the port of New York for the week ending today were $l,i.6,2U gold and $m, 863 silver. Total exports of specie from the port of New York for the week ending today were $0.875 gold and $i67,6 silver. ests. the market essed off. The close was steady at unchanged prices to an advance of b points. Sales were reported of Ki.oiiO bsgs. Including May at $,.3.Vu.4ftr: July. i oo fj&tc; September, . lOfaO 75c; October, ft.SOc; December, . Sufi. 95c; January. 7 05c. Spot, quiet; Rio No. i Invoice, TSc; mild, steady; Cordova, lo4(13c. OMAHA WHOLESALE MARKET. Condition of Trade and Quotations on Staple and Fnacy Produce. EGOS Receipts heavy, market weak; candled stock. 14c. LIVE POULTRY Hens, 10c; young roos ters, according to size, sc to 10c; old roos ters, BSsftSc; turkevs, l&c; ducks, 10c. BUTTER Packing stock. Italic: choice to fancy dairy, KijJ3c; creamery, 2lV(j-4c; prints. 25c. FRESH FROZEN FISH Trout, 9c; pick erel, 6Hrc; pike, S4o; perch, 8c; bluofish, lie; whltefish. be; salmon, 11c; redsnapper, 10c; halibut, 9c; crupplr. 11c; buffalo, 7c; white bass, 11c; herring. 6c; Spanish mack erel, 11c. Frog legs, per doz., 40c. HAY Prices quoted by Omaha Whole sale Hay Dealers' association: Choice No. 1 upland, $7.00; No. I $4)50; medium. $ii.00; coarse, $5.50. Rye straw. K5.50. These prices are for hay of good color and quality. It HAN Per ton. $17.Bo. OYSTERS New York counts, per can, 45c; extra selects, per can, 8&c; standards, per can, SOc. Hulk: Standards, per gal., $1.40; extra selects, per gal., $1.66; New York counts, per gal., $1.8u. TROPICAL FKL'ITS. ' ORANGES California, extra fancy Red land navels, all sixes, 12.60; fancy navels, $2.26; choice navels, large sizes SO, 96, 112 $2.10. LEMONS California, fancy, $2.70; 300 and 180, $3 26; choice, 270, 800 and TOO, $3.00. DATES Per box of 3u-lb. fkgs., $2.00; Hallowe'en, In 70-lb. boxes, per lb., 4W5c. FltiS California, per lo-lb. carton. 75 K&c; Imported Smyrna, 4-crown, 10c; 6 anu 6-crown. 12c; fancy Imported twashed), In 1-lb. pkgs., 16110. BANANAS 1'er medium-sized bunch, $1.75 2.25; Jumbos, $2,504(3.00. GRAPEFRUIT Per box of 64 to 64, $6.00. -T '"ITS- STRAWBERRIESFlorlda, per quart, 60 APFLES-New York Baldwins, $3.nogS.5; Colorado Wlnesaps, per bu. box, $1.75. GRAPES Imported Malagas, per keg, $7. TANGERINE California, per half-box, $2.60. CRANBERRIES Wisconsin Bell and Rugle, per bbl . f.00; Jerseys per bbl., $8.00; per box, $2.25. VEGETABLES. POTATOES Home grown, In sacks, per bu., 3.vJ)40c; Colorado, per bu., 45c. TURNIPS Old, per bu., toe; new, per doz., $1.00. CARROTS Old, per bu., 40c; new, per doz., 75c. PARSNIPS-OId, per bu.. 40c. BEANS Navy, per bu., $2.10. CI! CUMBERS per doz.. $1.75(32.00. TOMATOES Florida, per 6-basket crate, $4.50. SPINACH-Per bu., $1.00. ONIONS Home grown, red. In sacks, per lb., 2c; Spanish, per crate, $2.50; Colorado yellow, per lb., 2c; Bermuda onions, per crate, $2.75; new southern, per doz , 75c. CABBAGE Holland seed, per lb., lc. SWEET POTATOES Kansas kiln dried, per bbl., $2.60. BEETS Old, per bu., 40c; new, per doz. bunches, 75c CELERY-Callfornla, WgThc.. RADISHES Hot house, large bunches, per doz., SO'&yiic. LETT ITCE Per box of about fifteen heads, 60c. RHUBARB-Callfornia, per lb., 10c. PARSLEY Per doz. bunches, 7fic. ASPARAGUS Illinois, per doz. bunches, $2.00; California, white, per doz. of 2-lb. bunches, $5.00. MISCELLANEOUS. CHEESES Wisconsin twins, full cream, 13Vyl4c; Wisconsin Toting America, 15c; block Swiss, new, loc; old, 16ttl7c; Wiscon sin brick, 16c; Wisconsin llmburger, 14c; brick cheese, 15gltic. HIDES No. 1 green, 7c; No. t green, 8c: No. 1 salted, 8V4c; No. 2 salted. 7Uc; No. 1 veal calf, 9c; No. 2 veal caif, 7c; dry salted, 7f&14c; sheep pelts, 26cJj$1.00; horse hides, $1.6Of(7 3.0O. NUTS Walnuts, No. 1 soft shells, new crop, per lb., 15c; hard shells, per lb., 13c; No. 2 soft shells, per lb., 12c; No. 2 hard shells, per lb., 12q; Pecans, large, per lb., 12c; small, per lb.. 10c; peanuts, per lb., 7c; roasted peanuts, per lb., 8c; Chill walnuts, fier lb., 12i"yl3tec; almonds, soft shell, per b 17c; hard shell, per lb., 16c; chestnuts, per lby 12H1T13c; new black walnuts, per bu., 76,B90c; shellbark hickory nuts, per bu., $1.75; large hickory nuts, per bu, $1.60, Wool Market. BOSTON, March 18.-WOOL-The Com mercial Bulletin today says: There Is no material change In the wool market. There has been a little more trading in domestic pulled, scoured and fleeces. A more cheerful feeling has followed improve ment In foreign advices and leHS pressure to sell foreign wool here. Quotations are unchanged and rule fairly firm on all grades above one-quarter. There has been no further easing off In lower coarse grades. There Is live Interest In the west and further contracting at full rates. The ship ments of wool from Boston to date from December 16, 104, were 13,342,443 pounds, against 51,162,735 pounds at the same time last year. The receipts to date are 17,757,609 pounds, against 38,761,691 pounds for the same period last year. " ST. LOUIS. March 18. WOOL Steadv. medium grades, combing and clothing. 24 ac; ngnt nne, iKv-uvic; neavy nne, HQ'ioc; tub washed. 3037Ho. NEW YORK. March 18. WOOL Market steady" domeMlo fleece, SlS33c. LONDON, MarcD 18. WOGL-The offer ings at the wool sales today amounted to 7,909 bales. The demand was spirited and the small supply sold early. Recent hard ening was again noticeable today, especially in meaium ana wen-grown cross Dreaj suitable for Americans, who secured sev eral lots. All grades of merinos were wanted for the continent. Following are the sales In detail: New South Wales. 3.000 bales: scoured. idffilsd: srreasv. 6idiftls 36. Queensland, 400 bales; greasy, "iid'ij) is. victoria, i.e v oaiep; scourea, waves o; greasy, 54d(B)ls 4d. West Australia, 300 bales; greasy, 4Uifflld. Tasmania, 100 hales; greasy. HHdltfls l4d. New Zealand, 8.000 bales: scoured. 9Vtdf1s 9ld: areasv. 6Mid(!Jls Id. The arrivals for the third series amount to 62.172 bales, Including 29.000 for warded direct to snlnners. The Imports of the week were: New South Wales, 9 607 bales; Queensland. 678 hales; Victoria. 7.CNH' bales; South Australia, 6.5F1 bales; Cape of oood Hope and Natal. 6.053 bales: China. 474 bales; Singapore, 901 bales; various, 557 bales. Coffee Market., . . I7,ir -v L Vfapitk Ifi ffl IT IT ' IT Th market for futures opened steady at en ad vance Ol 10 1 mjimi in ir.Miuo in mailer 1 . . ...... n uhl&. n il B ... i n t i 1 1 1 1 mi dmimnH from Wall street sources. At first offerings bam limit..! .nil tha m.rlinl ruled nr.l I v Steady, but later in the session there was a realizing by recent Buyers, ana witn some selling attributed to roasting Inttr- Cotton Market. NEW ORLEANS. March 18. COTTON- Quiet; sales, &o bales; ordinary, BHc; good ordinary, 8 7-lc: low mlrtdlln, 7 3-lflo: mid dling. 7 ll-16c; low mlddlln. 8 1-lrtc: mld- )dllng fair. Sc; receipts, 6.449 bales; stock, 241,725 bnles. LIVERPOOL, March IS. COTTON Spot market quiet with prices unchanged; American middling. 4.31d. The sales of the day were 8,000 bales, of which 500 bales were for speculation and export and In cluded 7.600 bales American. Receipts, 4,100 baleR. all American. NEW YORK. March 18.-COTTON-Fu-tures closed steady; March, 7.66c; April, 7.70c; May, 7.75c; June, 7.71c; July, 7.71c: August, 7.74c; September, 7.76c. Spot closed quiet; middling uplands, 8.30c; middling gulf, 8.45c; sales, none. agar and Molasses. NEW YORK, March 18. SUGAR Raw, firm; fair refining, 4Hc; centrifugal, 98 test, 6c; molasses sugar, 4V4c; refined, steady; No. 6, 6.46c; No. 7. 6.40o; No. 8. 6.30c; No. 9. 6.2T.c; No. 10, 6 SOc; No. 11, 5.10c; No. 12, 6.05c; No. 13, 4.96c; No. 14, 40c; confection ers' A, 5.90c: mould A, 6.40c; cut loaf, 6.75e; crushed, 6.75c; powdered, 6.16c; granulated, 6.05c; cubes. 6.30c. MOLASSES Steady; New Orleans, open kettle, good to choice, 9,16c. NEW ORLEANS, March 18. SUGAR Quiet ; open kettle, KiSttie; open kettle, centrifugal, 4l,-fi47c; centrifugal whites, 6'c; yellows, 4t&6Hc; seconds, l4'g'4Hc. MOLASSES Quiet: open kettle. KT2Gc; centrifugal, CaHc. Syrup, nominal, 30c. Oils and Rosin. NEW YORK. March 18.-OILS Cotton seed, firm; prime crude, nominal; prima yellow, 24m26Hc. Petroleum, steady; re fined, New York. $7.26; Philadelphia mnd Baltimore. $7.20; Philadelphia and Balti more. In bulk, $4.30. ROSIN Steady; strained, common to good. $3.00 asked. Turpentine, steady at Mifi6TC. SAVANNAH. C.a., March 18. TURPEN-TINK-FIrm at 62V4e. ROSIN-Firm; A, B, C. 82.77H: D, $2.82; E, $:.87tt; F, $2.924; O. $3.06: II, $3 30; 1, $3 60; K. $4.06; M. $4.50; N. $4.75; WG, $5.00; WW, $6.16. Metnl Market. NEW YORK. March 18 METALS There were no special features In the metals, which were generally quiet and unchanged. Tin Is quoted at $19 40r29.60. lake copper at $15.S7H316.60. electrolvtlo at HBlvft'iS. J7l and casting st $I4.87V 16 25. Lead remains quiet at $4 4Mr4.6. Spelter Is unchanged at 16 154430. Iron is In good demand and firm in tone. ST. LOU IS. Msrch IS. METALS Lead, higher at $4.4U4.42H. Spelter, dull at $6.00. Dry Goods Market. NEW TORK, March 18. DRY GOODS Mirket In dry goods closes with less ani mation in Jobbing quarters and yet with continued firmness In sll sections and a tendency on the part of certain lines to advance. The scarcity of a good many lines Is well recognized by buyers, but this Is not Influencing them as a rule to any greatsr activity. READER TELLS HIS ST0R Member of Syndicate Eajs United States Balked His Santo Domingo Deal. DILLINGHAM STOPPED NEGOTIATIONS Interested Party Itepresents PresU dent Mornles of the Island Re public as Fearing; to Offend President Roosevelt. NEW YORK. March 18.-AthoIe R. Reader and his wife, mentioned by Senator Morgan of Alabama, In the Santo Domini can treaty discussion as composing the Reader syndicate which had In hand a plan for raising the debts of ths Domini can republic and the sale of a naval port in the Island to the Americans are In this city. It Is stated that Mrs. Reader was formerly Miss Ella Raise of Alabama a stenographer, who came to New York In 1891 to seek her fortune. In the course of five years she had become owner of a large stenographic bureau In Wall street, and In the course of her business, did considerable work for the Venezuelan boundary commission. Later she went to London, representing a prominent English banking firm, procured from the sultan of Jaho a $5,000,000 railroad contract. While In London sho married Reader, a native of New Zealand, who traveled widely and acted as confidential secretary to well known persons. The couple claim later to have taken charge of a big Peruvian mining dealing and by the diplomatic efforts of Mrs. Reader to have averted a revolution In that country. In a long statement Issued by the Readers they set forth their scheme for relieving the Santo Oomlngo situation, which fell through when Commander Dillingham ar rived on the scene. They claim to have been engaged In the matter by one Teres, a secret agent here of President Morales. Reader asserts that he consulted a well known attorney here (who yesterday Issued a denial of all Interest in Santo Domingo affairs) and after outllng his plans to the lawyer took a trip to the Island. He was received by Morales and dally conferences were held during which documents were formulated .appointing Mrs. Reader fiscal agent of the republic In the United States and giving her authority to negotiate treaties for the debt settle ment at Washington, as well as the entire financial rehabilitation of Santo Domingo. Breaks Off Negotiations. These matters had. the Readers claim, almost reached a conclusion when Presi dent Morales announced he had received word through Minister Dawson that Com mander Dillingham was coming and all negotiation with Reader was Instantly dropped. Reader felt much hurt over the outcome and declares some Interested person, aware of his secret negotiations, had Informed the authorities at Washington. In reply to a query as to what he was going to do about it, he asked, "What can I do about it?" Mr. Reader said that on January 9 he called on President Morales and Mr. Sanchez, who said that United States Minister Dawson had advised the Domini can government not to proceed with Reader, but to negotiate direct with Wash ington. "I asked him" said Mr. Reader, "If this was not very sudden and unexpected, and he seemed confused and anxious to avoid giving offence. I asked him if he was quite sure of Mr. Dawson's authority, and he said that the president had seen a cable from Washington, and that they were waiting to receive another cable from Washington that day to the effect that a special commissioner was leaving Wash Ington within twenty-four hours for Santo Domingo City. Mornles Expresses Pear, "I saw President Morales and asked him why he had proceeded so far with me, had accepted everything and had gone so far as to make out the telegram appointing Mrs. Reader as his fiscal agent and rep resentative In Washington, If he had not intended to complete his arrangements. "President Morales also seemed confused and upset. He said: " 'What can I do? I am frightened of the big stick, and I dare not, under present circumstances offend President Roosevelt.' "I asked him If Minister Dawson proposed to ,mako any arrangements for the can cellation of the external debt, or to relieve Santo Domingo from its present embarrassed and bankrupt condition, and he said he did not think so, and begged me to return In a months time, when he would be free to take up" the question of the external debt snd the other concessions. "On Saturday January 14, Commander Dillingham arrived at Santo Domingo City from Porto Rico by the United States gunboat Castlne and immediately proceeded with his negotiations with President Morales In conjunction with United States Minister Bowen. On Tuesday, January 17, I left Santo Domingo City." IOWA SENATORS WIN OUT George L. Dohaon Will Not Succeed Frank W. Mahln at Not tingham. WASHINGTON, March 18.-Presldent Roosevelt recently sent to the senate the nomination of Geqrge L. Dobson of Iowa to be consul of the United States at Not tingham, Eng., vice Frank W. Mahin. The appointment created a flurry In the Iowa delegation In congress. Mr. Mahln is an Iowa man, his appointment to Nottingham halving been obtained originally by Senator Allison. Both Senators Allison and Dolll ver objected to his displacement, even by another Iowa resident, and as a conse quence Dobson's appointment was held up. After a consultation between tha presi dent and the Iowa senators It was decided to make a change In the nomination of Mr. Dobson. Today, therefore, the presi dent sent to the senate the nomination of Mr. Dobson to be consul at Hangchow, China, vice George E. Anderson, who is promoted to be consul at Amoy, China, the nomination of Dobson aa consul at Nottingham at the same time being with drawn. This arrangement leaves Mr. Mahln In the Nottingham consulate. SETTLES THE ILLINOIS CONTEST President Decides on Men for New Federnl Judicial Positions. WASHINGTON, Msrch 18. President Roosevelt had a conference today with Sen ators Cullom and Ilnpklns and Speaker Can non of Illinois, at which It was determined to appoint C. C. Kohlsaat, now United States district Judge for the Northern dis trict of Illinois, to be circuit Judge for the Seventh circuit. It also was decided to ap point Solomon H. Bethea, now Uniud States district attorney for the Northern district of Illinois, as United States Judge for that district and Kenesaw M. Landls as adldtlonal United States Judge for the same district. This agreement ends a spirited contest which has been In progress for two or three weeks. Ths nominations will be sent to the senate today. Mr. Kenesaw M. Landls Is a brother of Congressmen Charles B. and Frederick Landls of Indiana. Hunt Ont on Uall. CHICAGO, March 18. Wllllum II. Hunt, former president cf the defunct Pan-Amerl-cn Banking company, was reluaaed from the county Jail todsy on a tlO.Ooo cash bouj. lis Is accused of embezzlement. STORYOFAGOLDH DAYS OF THE COIUISTOCK BONANZAS REVIVED About Thirty Miles South ol Goldfield, Nevada, the Treasure Vault of the World, Lies the Old Gold Mountain Mine, Believed by Mining Engineers to Be One cf the Coming Great Producers of Nevada's Newly Opened Up Mineral Zone. On page 47 of "Explorations of Nevada snd Artsonn," Issued In 1871 by the Wsf Department, containing a full report of the exploration and surveys In Nevada and Arizona that were conducted In March, 1S71, by First Lieutenant George M. Wheeler of the United States Corps of Engineers, the following appears: "Gold Mountain District, Nevada. "We followed a trail up a wash, which took us Just to the enst of Mount Magruder, then down a gentle slope and across a barren desert. Finally, after crossing two ranges of mountains we came to another sand, desert. Up the opposite side of this we enme to Camp Gold Mountain, which is situated on the northern slope of Gold Mountain. The district was formed In ISTi. Wood Is abundant and water tan be obtained on the northern slope of tho mountain by sinking wells. The chief ore Is gold, and for the purpose of reducing this an nrrustra has been erected, and gold is obtained by means of amalgamation. Coat of mining the ore Is about $10 per ton. Barley Is worth 10 cents per pound, and hay la worth $"n) per ton. There Is sufficient grass on the mountain slopes to furnish all pasture necessary for the animals. The amount realized for one week's work Is $4u0, and 2u0 pounds of rock is generally worked per day. "The chief mines are the Evening Star, Slate Line, Nova Zembla, Krthlnoor, Golden Eagle, Bamboo, Boomerang. Little Bell, Hulmrniac and Borneo. The total number of locations is about forty. The amount expended since 1SH6 Is about $7.tK). There are but two men working at present, but at one time there were twenty employed. A 10 siamp mill would cost in this place $10,000 or $15,000. Many of the mines are situated on the slopes of the smaller mountains, which generally run east and west. Much gold is taken out of the summit of one mountain of syenite. The gold occurs In quarts, Jasper and malachite; specimens of the latter are unique. Argentiferous sell nlle, of excellent quality, occurs In abundance four miles south of the camp. The State Line ledge, lying five miles to the northwest, Is 8,000 feet In length and $0 feet thick, yielding $20 per ton. The ledge runs northwest and southeast." From this It will be seen that the OLD GOLD MOUNTAIN district which Is about thirty miles south of Goldfield on the same stretch of mountainous desert, Is an old proven gold mining ground. From fhe Government report it will also he observed that the methods employed at that time were primitive. No reduction mill had been erected, and even with the assistance of a single "arrastra" for which one horse furnished the power, ths mines were worked at a profit. High Grade Ore Is in Sight. The Old Gold Mountain Mining Company's property consists of six claims of about 130 acres as follows: The Central, the Smasher, ths Lucky Jim, ths Banner, ths Key stone and the Wide West. This property was worked In the early TO's by primitive processes. About 800 ions of "tailings" left there from old arrastra reduction processes, lie on ths dumps of the property. They prove that several thousand tons of ors have been taken out of the mine. For lack of facilities It was necessary for the ore to average 160 per ton near the surface for a profit to be made out of It by tho "arrastra" process of reduc tion, and as transportation facilities were out of the question, the mine was given up. It fell Into the hands of a German who held It for sixteen years. He would neither work It nor sell It. Finally It was purchased by officers of the Old Gold Mountain Company. Assessment work, required by the Government to establish title, has been done and veins are exposed. Various assays have been made from ors taken at a depth of from 100 to 150 feet, which show values of from $X to $400 per ton. Samples of ore taken from the ledges show free gold In abundance. Several veins are exposed from a depth of 100 to 150 feet. In all, 8,000 feet of work has been done on the property, and the value of tha 800 tons of "tailings" on the dumps Is not less than $20,000. A Great Milling Property. The gold producing veins lie In a granite formation, and the ore Is free milling. Water has been developed In the vicinity, and there Is plenty of wood to be had at $6.00 per cord. Development work has Just been commenced by ths company, and It will be car rted on extensively and with vigor. A mill will be Installed at an early dato. Ylthi the railroad shipping point within thirty miles at Goldfield, which Is asnured be for the summer is over, all ore that assays over $75 per ton can easily be shipped at a profit, and with the water and fuel facilities near at hand, the mill which will ba erected presently will handle at a profit the hundreds of thousands of tons of low grade ore that is now exposed, and need only to be brought to the surfaca to ba handled at a profit. In the Heart of the Mineral Belt, The Old Gold Mountain Mining Company's property lies midway between Goldfleld. ' and Bullfrog. Bullfrog properties have been under development less than half a year, and have already produced ore that It has paid to transport seventy miles by muls team and then ship by railroad to the smelters at Salt Lake City. Mining engineers describe the great mineral zone of southwestern Nevada as ex tending from Bullfrog on the south, north through Old Gold Mountain, Tokop, Gold field and Tonopoh, to Sodavllle, and of all the great mining properties of the entire district, mining engineers are a unit that that of the Old Gold Mountain Mining Company is one that has the greatest prospect before it of becoming a great producer. Famous Mining Men at the Helm. W. J. Douglass is president of the Old Gold Mountain Mining Company. He la superintendent and owner of the Tonopah Milling and Mining Company which oper ates the only reduction mill In Tonopah. He was one of the original owners of tha famous Montana Tonopah mine, stock In which Is selling at $3 per share, and of ths Tonopah Midway, which has appreciated In value over 2u0 per cent in three months. Mr. Douglass is one of the pioneer mining men of Nevada and is recognized as ons of the most successful mining experts that ever penetrated the desert. He has accumu lated a fortune from his mining ventures In Goldfleld, Tonopah and Bullfrog, and has probably more weight among investing mining people on the ground at Goldfleld and Tonopah than any other mining man. J. 8. MeQuillan, vice president, was, along with President Douglass, ons of tha original owners of the MonttUn Tonopah and Tonopah Midway, two of tha greatest producing mines in Tonopah, and has made a fortune on his Tonopah invest ments. 8. H. Kltto, treasurer, Is the well known cashier of the Nye and Ormsby County Bank of Goldfleld, Nevada. In his capacity of cashier of ths bank. It Is ths duty of Mr. Kltto to pass on the value of securities on which loans are made dally, snd hs Is probably the best posted man on security values In Goldfleld. His acceptance of the stewardship of the company's finances may be taken as Mr. Kltto's opinion, after careful Inquiry, of ths value of the company's property and its probable earning capacity. There Is nnt a single officer or director of the company who Is not well versed la Nevada's mining history, and does not know all the angles of the mining profession. Practical mining men In Nevada are not rare, but the company may readily be said to be In the hands of practical mining men only, which assures for It management and development on practical lines. Capital Is Needed. Mlms-Sutro Company, Goldfleld, Nevada, has been appointed fiscal agent of ths Old Gold Mountain Mining Co., and has been authorized to offer to the public a suf ficient amount of treasury stock, at 15 cents per share to raise money for develop ment purposes. The officers and directors of the company have supplied the cash with which to buy the property, and while all of them are men of fortune, they are willing that tha money for development purposes shall be supplied by the sale of treasury stock. The opportunities for Investments of cash in mining propositions In Nevada's great mining camps are such that it would take tha fortune of u Croesus to back them all. $4,000,000 of gold ore was shipped out of the Goldfleld district during the past year from mines owned In almost every Instance by companies that offered small bo2ks of stock at the s'.art for development purposes on the same basis. If at that early stags the money of outsiders could be used advantageously to further the Interests of tha various successful companies, such advantage Is now multifold, for since then proa pectins; has been pursued with unwonted vigor and scores of discoveries have been made In every direction that warrant Investment by men on tha ground of every dol lar they can raise. Ths investments of several of the directors of this company In other mining enterpriNes represent millions, and unless they center all their Interests In this ons company, or a few companies, they could not interest themselves as widely as the opportunities before them suggest. , Capital is needed because ths gold properties are so numerous that It takes a world of capital to possess and develop all the properties. Within a year It is believed that the properties In which capital Is already Invested, will produce to such an ex tent that outside capital will have little oprtunlty, and the profits of those Inter ested In Goldfleld here now will accrue to such an extent that those on the ground will be able to hold and develop between themselves all the . new properties that ara demonstrated to be worthy. If you want any stock In the OLD GOLD MOUNTAIN MINING COMPANY, tele graph you reservation to Mlms-fiutro Co., Goldfleld, Nev., and remit at the rate of 14 cents per share for whatever number of shares you want. Mlms-Sutro Co. Is the famous fiscal agent that has financed most of the Gold, field successes. The Mlms-Sutro Co. refer by permission to the Nye snd Ormsby County Bank of Goldfleld. and to John 8. Cook A Co., bankers, Goldfleld, Nev The capitalization of the Old Gold Mountain Mining Company Is $;o0 000. Tha nan- win iuii iu anu inin-Bnriiiiiiuio. i inr par value is one aouar each. The Mlms-Sutro Co. Is also fiscal agent for the great HEARST-JAOUER8 gold Ine of Goldfleld. Particulars of a great "ground floor" offering of stock about to 9 made can be had on application. 17. Farnam Smith & Go. STOCKS. BONDS, INVESTMENT SECURITIES. 1320 Farnam St.Tel. 1064 GOLD hOW TO 6EF YCUR SH At E FREE Tonopah, Goldfield and Bullfrog are ths greatest Gold Mining Camps on earth Write at once for Map, Dally and Weekly Market Letter and other Information. Ab solutely free. The Anxrlcsn ttsnklsg 4k Breksrage Ce. 204 Majestle Bid., Denver, Colo. DEPUTY STATE VETERINARIAN, ' H. L. RAMACCIOTTI. 0. V. S. CITY VkVrifiHIIfAKIA. OWw and Infirmary, Ssth and Mass a Ig, OMAHA, NtU. Telephone Ut I
