Image provided by: University of Nebraska-Lincoln Libraries, Lincoln, NE
About Omaha daily bee. (Omaha [Neb.]) 187?-1922 | View Entire Issue (Nov. 11, 1906)
THE OMAHA SUNDAY BEE: NOVEMBER 11, 1006. IT , tx EDITION OF OMAHA'S TRADE Etitbj Cudition In 111 Linei Char , totrizi tie. Icctl Market SCARCITY OF COTTON GOODS THE FEATURE eral Rabstaatlal Alfinrn la Mal nil Woodrnware Sained Hnn dreda of Implement Dealers to Be Hero for Convention. 6 6 Tho Greatest Green water Offering; of the Year'9 "The Twin of the Furnace Creek Copper Company. B Bieltipaa o: In a 'V'ady, t"ry the boonafin tra of nouses r i RiifMnpm nn fhe Incnl marVot run alone In a'V'ady. healthy way. entirely satlsfac- e local lubbers. Tnere la no trada Just now. but tha majority renort snlrHt In mwi of the " w. rorreopondlng time of but year. The leari- '' T m fi.atnrA nf - m utii rLat ivintlfiilM In Nj scarcity of cotton roods, thourh om chans-es In nrlce In hunlwure attracted at tention a few days ago. Collections bp? reported satisfactory. The manajrws of the shoe houses say thy are having a arood fall season. Trav eling salesmen are stndlnjf In good ordt-rs and a xlance at the order blanks show thry are buying the better grades of goods. No advance has been made on leather, though the market continues firm and hJghi-r prices would not surprise any one. Jobbers In dry goods still complain that they have great difficulty In Retting goods Sfrotn the factories, and consequently they are a little slow In filling orders sent In by the retailers. The situation In this respect i. lias begun to improve and it Is tlmught the stringency will soon be over. House I trade Is reported better than is usual for ) this season of the year and early fall buy i Ing through traveling saleamen for spring I business la heavier tlian In liK. Raw cot ton Is firm, but yet unchanged In price. Implement t'onrentlon Tbla Week. Ai far as bouse trade Is concerned, busi ness nas been at a standstill with the Im plement Jobbers for two or three weeks. The retailers have not been visiting the market, but have been waiting for the con vention, which will be held In Omaha Tues day, Wednesday and Thur.duy of this wertc. There will be hundreds of dalers here this week and the Jobbers are preparing to en tertain them at their places of business. Business has been lively at the hardware houses, demand for winter goods being ex cellent and the demand for builders' hard ware keeping up In a remarkable way. Hume advances have been named, especially In woodenware. In which washboards and washing machines ar.d many other articles may be named! Tin phito is higher by Soc to 12 a box: ralvanlced unri blueV Iran hav i scored a slight advance; corrugated Iron ! Uk up also and lino bus advanced. Wire And nails remain unchanged In price. Iaporated apples heve taken a sharp tufcn for higher plane, the advance in price onV holce goods being about He per pound In rvew York state. rrunea have shown a further advance of jc, with further advances In sight. Raisins have again ben marked up, par ticularly seeded. These goods are In very ctlve demand because of the fact that shipments have been very late and Jobbers have been dividing with their neighbors In order to take cure of their trade. Currants have advanced again c: In fact. He, after losing 'Jo about ten days ago. Peaches and apricots have again been moved up Wale per pound. From present Indications California, on January 1, will have the lightest stock of dried fruit, including peaches, apricots, prunes and raisins, the llsrheat stock of canned fruits of all kinds and the lightest etock of canned salmon that It has had in twenty years. Situation In Canned Goods. No change has been made In the market on tomatoes during the last week. The statistical report of the Baltimore pack, compiled bj the Baltimore Canned Goods exchange, shows that while the pack was & trlde larger than last season, there are lens rnrvHa rn tiari1 nn hnn . I. the same date last year. Various estimates 4 on the total pack of tho country have been made, and for tho most part they agree that the tack Was Mimiwhnl la re At than nwuton. Final returns, however, mnv show different. It seems to be the cennral opinion, however, that there will be very little change In tomatoes before the first of the year. , The corn market Is In little better shape. Sales have been made at an advance of ?Vio over prices recently ruling, so that the situation appears stronger than It has for soma time. Canned peua are practically cleaned tip, very little Mock of any kind remaining in the hands of the packers. The pack of both string an refuge- bean was very much lighter than during the season of 1SC6. Otieap string beans are closely cleaned up in Baltimore and sales have been mads this week at an advance of 10c per dozen over prices recently ruling. Jobbera' prices will accordingly have to be marked up, as the J. ouii river de pends largely upon Baltimore for the sup ply of tills grade. Cove oysters are In very strong position. The Jobbers are buying from one another to cover their requirements. New good are Just being shipped out of the south, but it will take many days to nmke a fair distribution, of these goods, and the entire west is dependent upon the south very largely for its supplies. Harulnes have come in for a further ad- lice of lOo per cane. Drags Bind Chemicals. Drugs are still in rood d olunie of business during the week howed a decided Increase over the corre iKndlng period last vear. Changes hnv not been very numerous, but have all ben In the nature of slight advances. The tone of the market la strong. Opium Is high abroad, but there la no change on this side as yet The market for quinine Is decid edly gtrong. Tke late Amsterdam sale of tkftLrlr nMiiltf1 In hah.. , x Iness continues steady In alcohol, for 1 V. both grain and wood. Anilmnnv ... ad vanced in sympathy with the rine In metal. ins Hme rwnn Diue vitriol continues scarce and high. There has been a atronir advance In oodllver oil, it having been 7'e up ounng ine ween rs per barrel. inces nave taken place in oil pepper- ftl. Oil hemlock, nil runyln nil n baergamot and oil lemon. The general tendency for nearly all essential oils is up ward. Jalap root is higher In price owing to scarcity. Golden seal has udvanced rap. Idly. All sorts of prices are now asked: the regular price In this market is U per pound. Camphor Is very scarce, but nomi nally price remains the same. Paint. Oils and Glass. The glass market remains firm and the demanJ for ail line Is heavy, especially lor smail plate glass, this being due to the fact that plate glass Is being used very freely for residences instead of the double strength glass, which had been used ex tensively fn the last fuw years. I.lnaeed oil has taken a Jump of 2 eenls, the boiled neing 40 cents and raw & cents. Lad Is 'he same as last week. Carters being cents, while Southern is 7 cents. The ue nvand for paint continues to be very good, the mild weather enabling paiuters to cool Unue their work outside. foreign Financial. wi'n5,NP?r,.wNov- ,10-.Money was much wanted In the market today and the sup plies were limited. Discounts were firm. .Trading on the stock exchange was on a small arale. but the quotations of B.HUii securities were flrinly maintained. Korelsrn- ers were Inactive. Russians were a shade ( t ml I V -J,n.tLr;,i,Ani",.'v;'""" 'ta,le'1 "teudy. but the r'UJ ( UUl I HQ nn thrvtuir hi.nr . ini.ll. Quotations" i. .7' trtlng. Kaffirs were fractionally harder Japanese Imperial s if cliwe.1 at liinl REAL. KSTATK TKA.SrKRS Elen Gavin to Mary Kllen Gavin. KUU I, UIOCK JU. Vn nut Hill Anna C. Caffeny to Caroline Haul nV lot f, s' lot i, block 10. K v' Smith John W. Rasp to Morris Mnrtensei't' et e feet lot 10, block "U ' Pros pect Place, and east 40 feet lot j '.Indhay's i ris Wiich and wife to W. Howard Meyuian. lot i. blin k 7. Spring Uake I ii4 r U jBi.kiiili Ciiiiuliu W ry E. Miller to Eliju'h' B." Davis." lot io.-k a. r lorence Arthur J. Btory and wife to Christen Tolstrup, wH lot lu, blcK-k 11, Omahu View Mutual Benefit Life Iimurance eoni pany to August Johnson, wH lot 5, block S. Sliinn s I.uclen V. lisle to Margaret J. Hale, fast 18 fe-t lot 6. south 75 feet, west nine feet lot , Miwk V'47. Omaha.... Uucltn K. Hale and wife to Joeeph A ,.A. Hale and wife, snine v he McCaaue Invi btioeni conipary to i"'t" i nieooraj. lot is. j. k. H ley's sub tnnur Kat to Christine East, lot 8 na soum reel lot t, block , subdivision block ). Albright's noioe, toutt umaha Charles G. Anderson and wife to Ed ward W. lteldeiimann. north 30 feet wH lot . and north SU feet lot 10. block S, bliull s 1 ,0 2.0 150 130 I i 11)00 j I 3"0 I SAO 750 H3 WE OFFER FOR IMMEDIATE SUBSCRIPTION 250,000 Shares Treasury Stock WW. 1 HV, AT wm EM r i 0 u. U U Uh ln)g?a Mines Adjoin Those of Patsy Clark's Furnace Creek Copper Company and Both Properties Have the Same Vein. CAPITALIZATION. ... - - 01,500,000 (1,500.000 Shares of the Par Value of $1? Fully Paid; Non-Assessable.) TREASURY STOCSt, - - - - - 500,000 SHARES Officers and Directors: HON. JOHN SPARKS President Governor of Nevada C. B. KINGSBURY .Yice-Prcsidcnt Mining Partner of Patsy Clark and formerly half-owner Anaconda Copper Company of Butte L. M. SULLIYAN Treasurer President of L. M. Sullivan Trust Company J. L. LINDSAY Secretary Cashier State Bank & Trust Company, Goldfield GEORGE D. PYNE .....Counsel Attorney at Law, Goldfield JOHN D. CAMPBELL . Consulting Engineer Mine Operator and Mining Engineer 48-Vein of 22 Per Cent Copper Ore The great Anxiety-Copper Shoe groups of claims, adjoining on the south the ground of Patrick Clark's Furnace Creek Copper Company in Greemvater, havk been taken over by the newly incorporated FURNACE CREEK SOUTH EXTENSION COPPER COMPANY. This announcement is equivaalent to the statement that a twin of the Furnace Creek Copper Company has been born. . . - The Furnace Creek Copper Company, with a capitalization of 1,250,000 shares is selling today around $4.25 per share. It was originally promoted at 25c per share. ' ' ' The Furnace Creek South Extension Copper Company has a capitalization of 1,500,000 shares, of the par value of one dollar each; 500,000 shares are in the treasury. Treasury stock is offered at one dollar per share. From the report given below by J. D. Campbell, the noted mining engineer, it is apparent that the Furnace Creek South Extension Copper Company owns practically a counterpart of the property of Patrick Clark's Furnace Creek Copper Company. The same croppings of high grade copper ore are in evidence on both properties, the veins having been proved to be continuous. . . ' The Copper Matte Claim of the Furnace Creek Copper Company has the greatest showing in the dreenwater camp to date. This . claim adjoins the Anxiety No. 1 claim of the Furnace Creek South Extension Copper Company. The immensely rich veins on which the present valuation of Furnace Creek Copper Company's stock is based pass from the Copper Matte Claim of the Furnace Creek Copper Company into the Anxiety and Copper Shoe Claims of the Fur nace Creek South Extension Copper Company. These veins have been traced for a distance of 4,500 feet on the two properties. On the Furnace Creek Copper Company's ground this belt of ore shows 48 feet of 22 per cent copper ore; 30 per cent copper ore has been found on the surface, and no ore -of lower grade than 10 per cent in copper has been encoun tered at the 250-foot level. It can be stated as an absolute fact that at the time when Mr. Patrick Clark purchased the estate of the Furnace Creek Copper Company he endeavored to secure the important claims which are now a part of the estate of the Furnace Creek South Extension Copper Company, but they had already been acquired. Clark's and Heinze's Properties Adjoin This The tremendous mine showing presented at surface by the property of the Furnace Creek South Extension Copper Company is in a measure shown by" Engineer John D. Campbell's report, made before the purchase. It follows: - "The Furnace Creek South Extension Copper Company's property consists of the Anxiety and Cou per Shoe (groups, embracing the following mining claims: Anxiety, Anxiety No. , Anxiety No. 2, Copper Shoe and Nos. 1 and 2, a total of 120 acres. The territory is heavily capped with gossan, one of the truest indications of immense copper dposits beneath, with occasional croppings of fyigh grade copper ore. "This property has the advantage of exceptional location, being bounded on the north by the estate of the Furnace Creek Copper Company and the Ileinze holdings. The Copper Matte claim of the Furnace Creek property, which has the greatest showing in tho camp to date, lies next to the Anxiety No. 1 claim of the Furnace Creek South Extension. ' ' , "The great copper ledge traversing the Copper Blue and Copper Matte claims of the Clark holdings has been disclosed at surface on both the Anxiety and Copper Shoe groups, and has been traced for a distance of 4,500 feet on the acreage. These croppings are clearly defined and cut through the fonnation withthe directness of a railroad track. On the Furnace Creel; estate this belt of ore shows forty-eight feet of twenty-one per cent copper ore. "Thirty per cent copper ore has been found on the surface, and no ore of lower grade than ten per cent in copper values has been encountered down to the 250-foot level. " ' ' . "The Anxiety and Copper S3ioe groups form what is regarded as one of the richest pieces of inside rround in the entire district.' It is my opinion, based upon the showing of the property of the Furnace Creek South Extension Copper Company and its location with reference to the trend of the copper veins of the Clark mine, that it should develop into oue of the greatest copper producers of the Green water district." - , Ownership Stock Pooled and Not for Sale In announcing the promotion of the Furnace Creek South Extension Copper Company, we beg to call attention to the fact that copper just at present is commanding a higher price than ever before in the history of metal mining. The supply falls far short of meeting the demand. Never before has the consump tion of copper been so heavy. It is finding more general use every day. Copper stocks have been the distinct features of trading in all, market centers for many months. Figured on a basis of the present market value of Furnace Creek Copper Company's shares, stock in the Furnace Creek South Extension Copper Com pany at oue dollar per share is a gift. An investment at this time and at this price is a pjractical guarantee of tremendous quick profits. Of the million shares of ownership stock which were paid to acquire the property, 850,000 shares are pooled for one year and cannot be sold or transferred. This will couvey an idea' of the high opinion of the future of this stock which is entertained by the owners of the controlling interest. The present offering is of 250,000 shares of treasury stock. Tho n4 proceeds from the sale of this stock will be put into the treasury of the company and be used for development work en tirely. It is believed that these funds will be ample to provide all moneys needed for the opening up of the property and the making of it a dividend payer for many years. ...... The following recent promotions of Greenwater, which include all the important ones, will convey some idea as to the opportunity presented here for quick profit making: Furnace Creek Copper Company, recently promoted at 25c, with a capitalization of 1,250,000 shares, now $4.25 per share. Greenwater & Death Valley, recently promoted at one dollar per share, with a capitalization of 3,000,000 shares, now $2.75 jer share.- United Greenwater Copper Company, recently promoted at one dollar -per share, with a capitalization of 3,000,000 thares, now $1.25 per. share. Sullivan Issues Always Oversubscribed Suleoriptions at one dollar per share should be made at once to insure consideration. The recent offering by the L. M. Sullivan Trust Company of treas ury stock of the Eagle's Nest I" airview Mining Company at 35c per share was oversubscribed by upwards of 800,000 shares and that stock is now commanding a big premium. Telegraph your reservation as soon as you have made up your mind that you want some of this stock, and we will immediately reply as to what allotment we can make, if any. On receipt of notice of allotment, it will be necessary that remittance be made in full to cover at one dollar per" share. As soon as payment ia made, stock certificates will he promptly issued and forwarded by registered mail, or stock can be ordered shipped attached to draft, if your reliability is known to us. a V Sullivan Tryst Geiipaiiii3 lollfsel! 3 Nevada WW ....tM , , g,J41 j