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
