The Inter Ocean from Chicago, Illinois • Page 18

PQRTERFIELD 190 LA SALLE STV STOCKS Im Letters of Crsdtt ana Moiirlc. I Btlls Exchange en All Parts "V' of the World. Up to Date CEREALS) Market Letter Mailed Free. etabllshea IN 4. IRWIN, GREEN CO.

Market UCUn Mailed oo Application STOCKS AUD BONDS Dividend Prospects of Great Western Cereal Company. BAD BANK STATEMENT Loss in Reserve Is Less than Was Forecasted, However. J. B. Farraa Wira Haaer Sllaa-'! Mlcalsraa Tele-plfoae Opla- IsaiFlaaadal w.

Directors of the Great Western Cereal company will meet next month to act on the first quarterly dividend on the new 8 per cent cumulative preferred ptock. This stock was Issued on Oct. 1 and will be owed Its first quarter's dividend of 2 per cent on Jan. 1. Without doubt the directors will declare the dividend, as the earnings have been ample for the purpose.

There has been some question raised as to the possibility of a dividend being declared on the common stock at the same time. While the earnings make it possible. It is improbable that theaction will be taken. Conditions In the oat market are little. If any.

more favorable to the oatmeal companies than during the last two years. Thero has been, in fact, an unprecedented tun of poor oat crops and high prices, operating to greatly restrict the profits of the oat-food manufacturing companies. It is felt that these conditions can scarcely last another year, however. The Great Western Cereal company has husbanded its resources and made great advances In a trade way during these years of unfavorable conditions. It has devoted Its earnings and efforts to building up and strengthening its business, so that It will be able to take advantage of better conditions when hey come.

This policy of husbanding resources will likely be continued until the oat market conditions Improve. Then, In a favorable year, the common stockholders should profit handsomely by the company's large earning power. New York Baak Statenaeat. The New York bank statement, issued yesterday, while showing a decrease of In the reserves, was yet more favorable than was expected. The loss in cash of $9,000,000 was about what was forecasted, but a decrease of $11,113,000 in the loans was a surprise, and greatly modified the final results.

Deposits went off $17,571,900. which was rather unexpectedly heavy, but season able. The surplus reserve now stands at $5,394,225. which compares with $17,852,350 on Nov. 8.

1902. Baak Statement Flsares. Following are the principal figures of yes-- terday'a statement, shown in comparison with those of the preceding week, and the changes given: Reserve dHTMMd S4.R70.B25 Loans decreased ll.41.( fpeole decreased B.247.IMH) Lrgal tenders decreased 4.02.1.OU0 IVpoalts decreased Circulation depressed 16.7U) Nov. 7. Oct.

.11. Tan. S9no.ut.V!WiO Sftlt.MW..V)0 Specie lH4.TMI.ou io.as-t.eno Lt-aal tenders l.tt-ti.7l lx-poalta 8HN.044.7iH 8M.V61tf.AX) Circulation 4.M.1.K)0 Surplus reserve S.3U4.223 Porsti mm Sltaatlaa. President James B. Forgan of the First National bank has given another characteristic Interview, covering the local money situation fully.

Following are Mr. Forgan's views: "Financial conditions are Just the same as they always are at this season of the year. Funds for moving the crops are In demand, and the banks are supplying them. Thus far all demands have been met without the slightest hesitation. "Naturally.

It la Impossible for banks to put out money and keep It In their vaults at the same time. Go through the grain raising sections, or through sections where other food products are being marketed, and at almost every railway station you will find a man with a pocket full of money paying farmers cold cash for what they bring. That Is where the bank funds are going Into the pockets of the farmers of the United In aixty days, however, these funds that are now going out will return to us, and we shall be reducing interest rate to Induce borrowers to take It from us again. "There Is not a bank la Chicago which has reason to view the future with other feelings than those of confidence. Whatever may be the situation In other parts of the country, our own condltlns savor only of a desirable situation.

As an Indication of the financial steadiness, let me say that our deposits have not varied $300,000 since May 1. There Is absolutely no lack of funds. Traat Companies Stroaar. "In Chicago the trust companies are conducted on as strict a basis as the banks. In consequence, their strength is great.

They lend on the products of the soil Just the same as we do. The, are not making and have not made it a practice to make loans on stocks. I do not say the banks and trust companlea never make loans on stocks, but I do say they do not make a practice of It. In con sequence, we have avoided the troubles which have fallen upon financial Institutions in other places. "I attribute much of the trouble that comes to financial institutions at this season of the year to the agitation always begun by the newspaper at each) recurring period of crop movement.

Exaggerated statements and baseless rumors arouse the public to a point of uneasiness, and sometimes bank runs fol-t low unnecessary and largely due to the fact that fiopH are prone to follow one another. "When people read the bank statements at this season, and see a decrease in rash on hand noted, and there ia no decrease in 1 labilities, they are often alarmed all because of a lack of understanding. There Is no less money; It Is earning Interest; it Is where it rcauy snouia be in the hands of the public and not In the vaults. It is the lack of under standing and the lack of a system which create uneasiness at crop-movement pe riods." Mlcalcaa Telephone. A Boston official, of the American Telephone and Telegraph company ssys: "The Western Telephone company, through Its rcpreseatatlres.

was present at the fore closure sale of the Michigan Telephone property and bid it maximum $4,000,000. We consider the property worth that much to us, but not more. From the start we have rot considered the stock and debt of the Michigan company as worth a cent. If there are Interests who think they see a value In the Michigan property sufficient to warrent a price above $4,000,000, wa are glad of It, and hope they will make money out of their The suggestion that the bondholders' pro tective committee might meet an expert enco similar to the one encountered by the Telephone and Telegraph Company of Amer lea when It acquired the Erie Telephone company was scouted. Certain agreements between the Erie and Bell companies made the operation of the former by Its purchaser unprofitable and It was finally sold to the Dell ccmrany.

The positions of the Erie and compacles, however, art not cob. aiccrea anaiagous. Drtwlsf aid Halt lag-. The Chicago Brewing and Malting votid conversion, scheme nas been carried out. The old mortgage has been released and the new, securing the 6 per cent bonds, recorded.

State Baak. George E. Rlckcords, formerly president of the Security Title and Trust company, and William Peterson of the Rose Hill Nursery company have been elected directors of the State Bank of Chicago. Contmoawealtb Electric. The first section of the Commonwealth Electric company's great new power station at Twenty-Second ttreet and the river haa been put In operation.

By the end of the year a capacity of about 25.010 horse power will be In operation, and the plans provide finally for a capacity of some power. The generatora are run by Curtis steam turbines. Milwaukee Breweries. The action of the Milwaukee and Chicago Breweries' stockholders In reducing the common stock and consolidating the two classes of shares has been confirmed by the English court. The capital stock of the company now consists of 852,500, or all of one class.

The old preferred has ten-elevenths and the old common one-eleventh of the total share capital. An Interim dividend of 2 per cent was paid on the old preferred Sept. 15. There is no doubt that results for the fiscal year ending Sept. 30 will warrant a further distribution of 2V4 per cent or so, and the management's expectation of maintaining the consolidated stock on a dividend basis of at last 6 per cent a year will evidently be fulfilled, even though beer in Chicago remain aa low as for the last three years.

Detroit Kdlsoa. An offer of $1,200,000 for the Detroit Edison company's first mortgage 6 per cent gold bonds is made by Spencer, Trask A Co. and Vermllye A Co 100 and accrued interest. This fixes the Income upon the Investment at 5 per cent. This amount completes the authorised Issue of $3,000,000.

The Pratt A Whitney company has declared the regular quarterly dividend of 1 per cent on Its preferred stock, payable Nov. 14. Books close Nov. 9 and reopen Nov. 16.

The NIIe8-Bement-Pond company has declared the regular quarter dividend of IV per cent on its preferred stock, payable Nov. 14. Books close Nov. 9 and reopen Nov. 16.

The American Soda Fountain company has declared the usual annual dividend of 6 per cent on its first preferred stock, payable Nov. 16 to stock of record Nov. 6. Baltimore A Ohio. It Is understood that the exact amount of Baltimore A Ohio bonds sold is $9,600,000, consisting of the following amounts and classes: $3,000,000 Baltimore A Ohio railroad first-mort-face 4.

3a. prior Hens. Sl.ww.tOO Baltimore Ohio Southwestern railroad Unofficial estimates of the unfilled orders on the hooks of the United States Steel corporation place the total at 3.500,000 tons, which Is a decrease of 228.740 tons during the month of October, and about 1.400,000 tons below the corresponding period last year. This unusually poor showing. It Is explained by officials.

Is due entirely to the depression in both Iron and steel circles and the stock market, which has caused railroad companies and other big consumers to withhold orders. The following table shows comparisons of orders on books at different periods since the steel corporation was formed: 1DOS. 1O02. Tons. Tons.

Oct. S.728.740 4.M3.W7 July 1 4.WXJ.57S 4.741.0!3 April 1 5.410.719 4.7.lOO Jan. 1 5.S47.2&3 4.417,749 Estimated. raited States Steel. One of largest steel Interests In Pittsburg says: figure that the earnings of the United States Steel corporation for the present quarter will be between $23,000,000 and $24,500,000.

During the corresponding quarter of last year they were $31,985,000. They were $29,759,000 in 1901. The largest earnings for any one quarter were $37,662,000 for second quarter of 1902. The smallest thus far, were $25,069,000 for first quarter of 1903." Appltcatloa to List. The Michigan Central Railroad company has applied to the New York stock exchange to list $2,000,000 8Vs per cent fifty-year first mortgage bonds of America Telepheac.

An official of the American Telephone and Telegraph company says: "There never has been a time in the history of the corporation when its business was so lsrge as at present and I anticipate that the results the cur rent year will show a surplus, after making full allowance for the dividends paid on the increased) capital, of fully 60 per cent above that of last year. The management of the company Is well satisfied with the growth of Its business and It is looking forward even now to the coming year with the expectation of accomplishing results far beyond anything that has even heretofore been achieved. The Western Union decision is giving the company no concern whatever." Amerlcaa Maltlaar. There are Indications that the annual meet ing of the American Malting company, to be held Nov. 12.

will be a stormy one, because of the fact that efforts are being made to bring about a change In the management. There la good authority for laying that the proxy committee appointed by the board of directors has received a sumcient amount oi proxies- to insure a continuance of the pres ent management during tne ensuing year. Cleartasa for the Week. The following Is the record of clearings of the Chicago banks by daya last week, with comparisons: Date Clearings. Balances.

Monday S3.fM,o20 Tuesday az.nmt.oov z.uw.iw Wedneadav 2tl.73.77 l.hm.bOS Thursday 2M.20.3'J l.tua.7 jcif.iMo.s.s lij.uj Saturday 28.01S.SO4 2.2UUI& Totals for S1S0.782.3W7 813.007.070 Correepondlng week last 100,049,104 ii.zu.uit Bond Market. Mr. Barnnm of Lawrence, Barnum A Co. of New York says: "I have found a much Improved bond market, but think the ad vance has possibly been a little too rapid. Our selling has been to Individuals exclus- slvely so far, no Institution buying what ever appearing on our cooks.

Money will be the factor in determining the bond mar ket, and a leading banker told me he thought there would be more of It In sight on Jan. 1 than we would know what to do with. In such an event I should look for a firm. healthy market, but not one that would take on the character of a boom. In fact, I do not believe the level of prices on Jan.

1 will com pare favorably with the prices of the same day of the preceding year. An era of con servatlsm Is here, and, to my mind, it is any thing but an unmixed eviL Munlclpala ap parently will be the feature of the market for the next few weeks." J. Augustus Bsrard of Domlnlck A Dbm-Inlck of New York says: "The recent de mand for bonds may have had superficial aids, but In the main It has a substantial foundation. We have had a fair number of orders In average amounts from direct In vestors, a class of buying that Is much more significant than the Investment by Institutions. First grade 4a and second grade 6s seem to be the most attractive.

Good bonds are a purchase, bnt call for them may diminish for a few weeks, while money finds Its field In the West. Upon Its' return, how ever, a call rate of 1 per cent or thereabouts would soon drive funds into bonds, and a period or activity follow." J. 8. Auchlncloss of N. W.

Halsey A Co ssys: "It appears to me that the market for railroad bonds has been pushed a little too vigorously. There Is a fair demand for the strictly high grades, but we find the most activity in municipals, which seem to be la favor among savings banks and Institutions almost regardless of the yield. Ia this line of securities there has been a brisk call, cannot say I look for any pronounced lm provement In the Immediate future. It Is all a matter of how much money Is In the hands of cautious Investors. The demand at present does not Indicate to me that the market Is anything more than moderate." Caicaaro Stack Market.

The local stock market was at a low ebb yesterday, trading being extremely light. Pneumatic Tool told at 25 for 100 shares. Telephone. Edison, Can, and Biscuit were steady. Box Board preferred declined half a point.

A sale of Lake Street loco-nt bonds fo) TITE INTER OCEAK, STXSTDAX MOISNTNG-, KOVE3rBEK 8,, 1003. Mi Ml Gold and Silver Ore lyiiiiiE Bring Millions of Dollars to the Stock-holders of the Company. Hundreds of Shareholders Handsome Dividends Soma of the richest ore ever discovered In the State of Sonora, Mexico, has Just recently been uncovered In the property of the Tarasoa Gold Mining Company of Mexico a shipment made to the smelter at San Francisco. California, gave net retarna of over $200 to the too. The property la very favorably sultuated tn the same mineral district with the Great Ftletaa Mine, which has paid it shareholders over $20,000,000 In dividends In the past twenty years, and It Is also tributary to the runout Grand Central Mine, which has contributed ever 814,000,000 to English capitalists.

This arc traditional Tarasca Mine, which was worked by the early Spanish missionaries, was re-dlscovered by Faustlno Castro, a poor Mexican prospector. This famous property haa produced millions of cold and silver In the past, which was being taken out and shipped to Spain at the time Its location was lost, when the slaughter of all the miners took place at the hands of the Yaoul Indians during one of their uprisings In Mexico. There la perhaps no more famous mine recorded In history than was this Ions lost Tarasca. In Mexico the name Tarasca la a household word, a synonym for riches. It has been the theme of conversation among prospectors and miners of Mexico for the past century or more, and it haa been the hope of every one that he might be the lucky person who should rediscover this mine.

Fame Spreads. Havlnr been worked by the Spaniards and early missionaries, the richness of this mine has spread tta fame over two continents: to such an extent waa Wf of-f -wf 'iiL' ONE OF THE 8T10AM HOISTS ON THE PROPERTY OF THE TARASCA MINING CO. thla true that no hhrtory of Mexico, and particular ly the State of Sonora. waa considered complete without the history of this fabulously rich old property. The Tarasca mine waa spoken of in Ward's History of Mexico." and also mentioned by "Humboldt" as one of the most famous mines' In Mexico and there is supposed to be several hundred- thousand dollars In bullion burled In this mine.

Tha bullion was buried tn tbetld work In xa for safety durina; tha Indiaar troubles. Iurlna; these violent times the miners and owners were driven out and massacred, and the location was loot and the treasure never recovered. Large rewards were offered In later years for the redis covery of the mine, both by the Spanish -ov trn- ment and private Individuals, but to no purpose until faustlna Castro, a poor Mexican prospector, accidentally stumbled upon It. She old working can -be plainly traced on the surface for more than three thousand feet, and there are la rare trees growing out of the old cuts In the veins. The trails cut out of the solid rock snow where the ore was packed on doakeys to water some distance away to be worked.

At this point RETIRES FROM THE MIXE3. The following letter received by the owueis of the' Tarasca Mining Company's property from the Consolidated Kansas City Smelting and Refining last shipments of ore from the mine, $1,634.25, after only Included 165 sax, as the letter states: nuuiusiuA; (oonorai. Aug. 10. Dear Sir: Conforming to your telegram of the 14th please find our settlement sheet No.

450. covering last shipments of 165 sax ore. Also on draft No. LS35. for $1,534.23 U.

8- In pay ment of same. And Sonora R. R. expense bill for lot. but could not find any difference with first res results on their aamulea, and, if there la any difference, will send you a correction of same.

I also send you by mall a pulp sample of lot. Have sent triplicate settlement sheet and M. T. aax to Cunningham. Torres.

Please algn and return the two Inclosed receipts, and oblige. was made at S3, an advance of two points over Friday's figure a. Sales oa the Eirhasgc. t. fniinwine- were the sales on the Chi cago stock; exenange yestcruay American Can 2 7H 140 25,.

115 84 11 27 115 84H .8 2 ix pia -rr Chicago 51 '-I-1 U.ntim.tle 140 23 Chicago Telephone 8 Rational mscuii. Do pfd National Carbon JO l7 IT 8T IMy pia -y Swift A I 101 101 United Box Boera ZlVfe 21Vfc ....83 S3.000 Lake Elev. Income Unit.nnTi A- Co. snatt the nominal prices 'of Chicago bank stocks as follows: American Trust and Savings Itit .17 181 115 800 141 820 255 5u7 112 2IO 160 105 13T S75 155 124 Central Trust Co. of llllnola rtmnir .113 lot .175 .305 ,.245 Chicago National Bank Chicago savings Colonial Trust and Savings Bank.

Commercial National Bank Continental National hnvM Hank V. Irexel mate Drovers Deposit National Bank 1M Drovers Trunt and loo Koultable Trust Co. 1 Federal Trust and- Savings Bank l-jJ First National First National Bank of Fort Dearborn National Baak 1W Hamilton National 1 Hibernian Banking Home Esvtngs Bank I'JJ 630 140 818 107 117 ia 105 200 475 Jackson Trust and 128 -Mercnsnis loan ami Metropolitan Trust and Savings Bank. 103 Milwaukee Avenue State Bank iia National Bank of Norm National Bank of the I I l. ElnrW Itanll Northern Trust Co 425 Oakland National 200 Prairie State Bank 15 Pullman Doan and Savings ..200 145 255 160 iii ivuj.t 1 runt South Chicago Savings Bank 108 State Bank of Chicago 24 5 Stork Tards Savings Bank 150 I'nlon Trust Co 15 -yveeiern pwf Listed on Chicago stock exchange.

New York Car Prices. The following were the closing prices on the New York curb yesterday, as reported by S. B. Chapln A Co.t Bid. Asked.

American Can Do pfd Hay State Gas .4 5-82 British Columbia Copper. 2'4 3 Con. Ught and Hef 84 4 Compressed Air. ts 1 Electric Boat. 20 25 Do pia Klectro Pneumatic Electric vehicle eO 8 SO 45 V4 Do pio i-H-n.

nrtnt Conner I Havana Tobacco 20 21 Do pfd 83 86 Int'l Mercantile Marine, 4 Do pfd 1'4 Do 85Vi Manhattan Transit 1 Montreal and Boston Kl Veh. Tr.ni 4 174, 100 3 Northern (Securities 874s utis Kievaior le pia 83 Pittsburg A Beseeme De l.fJ TO TO 5 Royal Baking Powder pfd. 88 Seaboard Air Line 2 Do old 20Z 80 If 81 Standard Oil 668 Tennessee 80 nt. Lnits Transit aula Transit 14 1441 ait. St.

touts, pfd. 60 63 ng Paper 3 pfd ll 13 1H I Ion I Wi-ttlna Do 1,14. 7TIV7 -m 1 I If I I ill II LZJUU Uncovered Which Will Will Soon Be Receiving on Their Investments. are some thousands of tone of the old taiitna-s. which are covered to a depth of three feet with soil and grown over with Urge trees.

These taillnars have been ail worked over by Mexicans at great profit. Cruds Machinery. At the time the mine was formerly worked mining methods were extremely crude, and machinery and explosive were practically unknown. As hss been shown In numerous cases, none but the very richest of these old mines could be worked by tha crude methods then in use, and. without exception, these old mines when reopened and worked by modern methods have proven very rich, and yielded large fortunes to their fortunate owners.

All CsJlfornians know that raulU-rallllonalre Dao Huma of that state, as well aa some of the millionaires of Illinois and New York, have made tha lanrest share of their wealth from these old Mexican mines, which were when they took hold of them but old deserted mines having; no such history of richness, nor did they make any such showlns on the surface as the property owned by the Tarasca Gold Mining Company of Mexico. Faustina Castro, the discoverer, flrat strujr aled along without any capital, absolutely refusing to accept any of the offers made for tha necessary money to work the mine, which meant the loss to him of the lion's share' of its riches. Finally, however, he permitted aom other-parties of limited1 means, whom he feared less than the capitalists, to take hold of the property, and together a small plant was secured and work started. The last parties to work this valuable discovery were more anxious to find the fortune hidden In a lump soma place in the old workings than they were to take out the profits from the ore. which waa very rich, and property develop the mine.

The result waa they did not alve the proper attention to timbering the shaft aa they proceeded, and Just aa success seemed ready to crown their efforts they were summarily stopped by a cave at th 200-foot level, which absolutely prevented further work. As their means by this time were entirely exhausted, it waa Impossible for them to reopen the shaft. Experts Report Riches. Two reliable mining experts examintd the property, and asserted positively that from the showing made on the surface and down to the iiOO-foot level, together with assays mads from ore on the dump, the mine waa very rich, and required but the necessary capital to clean out the cave, which they estimated could be done at an expenditure of less than $23,000. absolutely placing the property on a basis paying at least S20.0U0 a month.

A few months ago the company was reorganised, with Hugo C. Relchenbach. the eminent German mining man, at its head, and Robirt Barnett. a well-known and successful California mining superintendent, was placed In charge of the work with necessary machinery to properiy open up the Company gives the net returns from one of the freight charges were deducted. Thla shipment $32.70 Mex.

silver, freight paid. We reassayed your ults. I will advise El Paso works to send me the wr Very mir, maefrCTV44 -V 'saiiaaa xa Xa. Bid. Asked.

ftft .87 Seaboard Iron and rie new bonds Local Car to Prices. W. L. Beckwlth A Co. give the nominal quotations on local curb securities as fol lows: Bid.

Asked. American Cereal 0a loo loci Do stock 20O American Type Founders, 25 ISO Via on a-e Auditorium 5 10 Aurora. Elgin aC. St. 10 16 Do 63 Do is bl4 Automatic Electric 85 106 Borden's Condensed Milk.

116 120 Do 105 10 Butler Bros 2o0 215 Congress Hotel 7 102 Creamery Package 08 104 Elgin National Watch 1.650 1.750 great Western Cereal 55 artford 40 CO Illinois Brick, common 2 3 Do pfd 88 43 Northwestern Teast 180 185 Strowger Automatic 12 15 Western 285 .810 Rates of Exehasi. Foreign exchange was weak yesterday In Chicago at the following prices: Sterling Demand. Sixty daya Actual 4S4H 480 Commercial 478 Paris Francs-Actual .....514 B21U Commercial 520 German Marks- Actual 844 04 1-10 Commercial 84 11 -16 84 New York exchange sold at 50c discount In Chicago before clearings and 20c discount after. New York exchange sold Be premium In Ban Francisco, par in Minneapolis, 15c discount In Cincinnati, and 60c discount In St. Louis.

Railroad Earalns. 'The Delaware. Larkanna a Western Ttallmaf company's leased lines In New Xork report for IU. yiwnvr nun Dpu oi Increase. Orose $3,204,823 e2.oi0.nnf I.IM.UUO 125.218 Net $1,800,683 $1,884,689 162.183 2.2U4 Surplus til 284 450 $1,806,883 Against deficit last year $012,433.

The New York. Chicago A St. Louis railroad In Ita report to the New Tork railroad oommlseionere for the Quarter ended Sept. 80 shows as follows: Oross $410,120 Operating 1.604.870 434. BM) Other Total Fixed $400,171 0.768 $400,858 8S3.4U3 24.P60 6.680 19.189 0.6O1 Surplus 12.088 The Cincinnati.

New Orleans A Texas Paclflo railroad reports for September: i03. 1902. Increase. 30,477 Kxp. and 464.663 375.615 79.04a Sept.

Three moe. Exp. and $125,914 1.7fr7.lf.: 1.3O0.880 $124,823 $1,001 1.476t4 281.000 1,101.132 205.868 Three mos. Bet. $.101,003 $876,702 $15,241 Mobile A Ohio railroad reports for September: Mileage 812 48 874.

ii 8AM Sept. gross $34,476 Exp. 420,473 416.406 4.007 Sept. net $219.25 Three mos. J.8X1.724 Exp, god 1, $18,76 flVMAO 1.721.86T 130.857 1.247,841 Three moe.

net. $682,094 $474,626 $67,668 The Southern railway reports for September: Mileage me T. 126 72 10.20 pt. This Is the asm succtsaful Barnett who superintended the development of the famous Santa Rosalia Mine of Mexico, the stock of which was sold on the installment plan at is cents per shart. and which becan paylnc dividends of lO cents a share per month within four months after purchase, and the stock advanced from 18 cents to 83.00 a share within twelve months after pnrchasi.

Two hundred thousand shares of the treasury stock of Tarasca Company were placed oa the market a few months ago, and gobbled up In short order by Installment purchasers, some of whom investlsated the property, and wire so well pleased that they purchased more than they could possibly complete payments upon; althoush a few months' time will see the rreat Tarasca Mine rspeatlns the history of the other rreat tributary properties by once more yielding up its fabulous wealth in dividends to Its lucky shareholders. Forty mtatrs are now working night and day, and steady shipments of Its rick ore wtll begin again within the next thirty days, and It will soon be next to Impossible to purchase thla atock at any price. Since the reorganization of the company Prasl-dent Retchenbaca has been besieged with requests from those who are familiar with the great possibilities of this rich mine to secure a small Interest la this stock and participate la the dividends which are sure to follow the reopening of the property. He has been unable to comply with these requests until now, when there are a few of those who overloaded and have more stock than they can carry that have requested him to secure some to assist them. Consequently Mr.

Relchenbach offers aa opportunity now for any who wish to secure this stock on the same liberal Installment terms v. v-1 HUGO C. RZICHENBACH. PRES. TARASCA GOLD MINING CO.

upon which It was originally sold, to get a small amount, the price being $1.00 per share, payable In cash, or aa follows, in ten monthly payments: Number of Monthly shares. payments. Total. 25 2 BO 29.00 60 6 00 60.00 100 10.00 100.00 aoo ao.ou 200.00 soo 30.00 boo. 00 4O0 eO.OO 400.00 600 50.00 6OO.0O 1.000 100.00 1,000.00 2.000 200.00 2.000.00 As long; aa this atock lasta, there being less than 20,000 a hares on hand now that can be bought at that flgure.

but it Is absolutely certain that a short time will see every share worth many times thla aum. Every care has been taken for the protection of small investors. The articles of Incorporation and the by-laws of the company make the atock absolutely nonassessable. It la agreed that Investors should under no circumstances forfeit any money paid in for atock. That is, if one should subscriba- for 2.000 or less shares, and.

after making one or more payments, be unable to meet an Installment, stock for every dollar that bad been paid shall be issued to the purchaser. If there are any readers of this paper who derstre to stand In, In a email way, on thla wonderfully rich mine, they are advised to write or call on Mr. Hugo C. Relchenbach. President Tarasca Gold Mining Company of Mexico.

100 Randolph street. Chioairo. Rooms 20 and 20S, 2d Boor, and arrangements will be made to get a few of them la on this desirable opening. The day is past when it Is safe to believe that all statements are honest until the party making them la proven dishonest. The writer does not wish or expect any reader of this paper to accept one word of this article is true until it baa been proven true by the best bank references and tha reader convinced that the men at the head of thla company are absolutely square and honest, and that every statement made by them can be absolutely relied upon.

Officers, Directors, maid Prominent Stockholders. Hugo Relchenbach. German Mineralogist, president. Herman 8. Martin, formerly of Bwaaey A Martin, bankers; ProVo, Utah, treasurer.

Hon. Robert Barnett, ex-Internal Revenue Collector. 4th District of California, secretary. Hon. H.

8. Foote. United States JudgeMcAlea-ter, Indian Territory. Marshall B. TVoodworth, United States Attorney, Northern District of California.

San Francisco. Hon. C. 8. Denson, ex-Judge Superior Court.

Sacramento. Cat. B. D. Pike, wholesale merchant.

San Wm. Lewis, wholesale tobacconist. San Francisco, CaL Maps, pictures, affidavits, and Information regarding the property will be furnished free upon application to Hugo C. Relchenbach. 10 Randolph a tree Chicago, Koorai 204 and 205.

2d Hoar. Exp. and 2,6:9.333 2.445.683 173.661 Sept. net nse DMM. I Sl.2RO.712 S1.174.6flO SMOft2 Three mot.

11. 103.421 1O.410.016 7K3.4O0 Exp. and 7.8b3.772 7.387.814 485,858 Three mod. net. $3,508,649 $3,022,201 t287.44S Decrease.

Ml-flXO SHARES. Hew York. NEW TORK, Nov. 7. Closing quotations: Adams 11 LlttW Chief.

.07 4.62 .08 .30 .15 2.O0 Alice Breece "Brunswick 14 10 OS Ontario JOphlr I 'Phoenix Coma took Tunnel. Savage Hlerra Con. Cal. A I.06 Horn 1.05 Small Hopes Iron Sliver leadvllle Offered. 1.75 .02 btanaaxa Boston.

BOSTOX. Adventure Alioues Amalgamated Bingham Calumet A Centennial Copper Dominion Franklin lale Royale Mohawk Old Nov. T. Closing quotatlona: 4 Osceola 66 4H 8Afc 224, .450 5 86 rarroi IT t-6 14 90 I 64 Va Qulncy Fanta Fe Tamarack Trinity united States I'tah Victoria Winona Wolverine 101 MARKBTS BY TELEGRAPH. LIVERPOOL Nov.

7. GrainWheat pot steady; No. 2 red Western winter, 6s 2d; No. 1 Northern spring, no stock; futures quiet; December. 6s 64id; March.

6s 544 May. 6a 3d. Peas-Canadian, quiet. 6s 8d. Corn Spot quiet; American ratxed.

4s 14td; futures dull; December. 4a 1W; January, 4s lad. NEW YORK. Nov. 7.

Flour Receipts. 86.061 brie; sales. 6.7O0 brie; dull but steady. Buckwheat Flour Dull. $2.40.

Grain Wheat Receipts. 106.3CO bu; sales, bu. Opened eaaler, but soon rallied on further covering by December short. December. SOtf 80Hc: May.

82 9-166 824c. Rye teady; state and Jersey. 60558c; No. 2 Western. 61 He, nominal f.

o. b. afloat. Corn Receipts, 22.060 bu: sales. 40.000 bu.

(julet and barely steady, being Influenced by the return of fine weather West. December. 61c; May. Sc. Oats Receipts, 61.O00 bu, nominal; track white, 414si464c.

Provleione Beef Steady. Pork Steady. Lard elteady; prime Western steam. $7.45. Butter Receipts.

4.715 pka-s; steady to firm; extra creamery. 224kc: creamery, common tdk choice. 16622c; stats dairy, 154i20c. Cheeae Receipts. 6,636 pkga: quiet; state full cream, fancy small colored.

September, 1144c; October, lie; small white September, 114c; October. 11c; large white September, ll4sc; October. 11c. Eggs Receipts. 4.904 pkgs; strong; state and Pennsylvania, fancy mixed, 20i3Oc; Western firsts, 2728c: Wertern thirds to seconds, refrla-erated.

19fi22r. Sugar Haw steady; fair refining. 8 5-lAc; cen- tnrugai. vo test, a is-ioc; moiassea sugar, j-ioc; refined, steady; crushed, 6-30c; powdered. 4.80o; granulated, 4.70c Petroleum Firm; refined, all porte.

$9.2599.80. Molasses Steady; New Orleans. 81942c. Poultry Alive, nominal. Dressed, dull and unchanged.

Got Too "Hot ye heard," asked: Mr. O'Toole. "about th' yoongest la-ad av Meglnnlty's?" "No." answered Mr. OTunder. "Phwat about him "They tuk htm oop fer wor-rukln th' ehtrong-ar-rm act on some chance pedes- thrlan who happened t' come down th' alley whin yoong Meginnlty wor nadln' money." "Yes don't tell me! Too ba-ad! An be wor a broth av a boy.

too." "Mebbe 80," commented Mr. O'Toole, "mebbe so. But he's In th' aoup now." juage. unsTaECff mm CO, $5C3 and $IC3. Ylildln hvislors, 4 ta 6 Wo Own and Offer Subjoot to Prior Sale 40.000 18.000 24,000 8.000 1,000 2,000 19,600 20,000 10,000 6,000 40,000 5,000 Chicago Sanitary District 4s and Port of Portland.

Chaffee Conntr, Colorado, Refunding- 5a Independent School District, Allison, Iowa. Morgan Park Missoula, Montana, School 6s. Citj of Auburn, lndianaevrer Congress Hotel Great Western Cereal, First 6s Chicago Gaa Light Coke 1st mortgage 5s North Shore Electric 1st Mortgage Swift and Company'a First Other Railroad and Corporation Bonds, yielding 4 and U. S. Government Bonds bought and sold at market prices.

WRITE OR CALL BOND DEPARTMENT Z4 mm Trust fj. E. Corner La Salle CAPITAL, $4,000,000 SURPLUS, $1,000,000 Open a Saving's Account $1.00 or more with the Central Trust Company Of Illinois SOUTHWEST CORNER DEARBORN AND MONROE STREETS Savings Deposits Made on or before November io draw interest at per annum jrom November i I WILL BUY 800 Bald Butte. 2000 El Capita" (TVtO 1000 Old Oold Mines. BOO0 Snuset Cop.

(Wash.) 1500 Plumas (D.I..) 600 Cons. Alpine. 23 Soverelsa Bank 6000 Parry Sound Cop, 600 100 Eureka Oil St G. Mine Lamotle. Puindle Tod OH.

isoo 1000 Nova Scot Ian Mex. iooo 10) a) 1AA Black la. Coal. I'nlon (Jons. oil.

Oranoy Pmelter. Eastern Cona.OlL Refereadum. Amn. Nickel. lOOial ioo I WILL BOOO M.H.

Basket. 1000 Ethel Cons, Col. Cona. B. H.

600 Mine Lamotte-1000 Dabney OIL lOfO Cal. Fortune OIL (IOO Blue Bird. 2000 Great Weatern (Henderson). 8000 Dot-emus. CU0 Potsdam B.

H. 1000 Wales Copper. And many others. 2000 Olympic CWaah.) 1000 San Felipe, inno Funter Bay. Marconi Vv lreleaa.

10O0 Vlsnaaa. inn Rlark Dll. COD. 100 Honiestake (B.H.) 2000 M. at T.

Oil. 2.V Nat. Barium. 600 Reliance, B. H.

1000 Sbeba G. aV S. Send for list. I CAN SELL TS nTfo? EES, explaining my successful plan. C.

F. SESIUGER DEALER rSLISTED SECCRITIES Orcxel Palledelphla. EatabUsbed leSft. THE ADVANCE In crude oil In the past 30 days of IS cents a barrel is -creating a treat demand for substantial oil producing properties and their atock. The official records show ths consumption is greater than the production.

Among the beat propertiea in existence Is the Chicago Findlay Oil This Company has been earning and paying monthly dividends for the past alx months st the rate ol 25 cents a share equivalent to 12 per cent upon the selling price. This Company Intenda drlllng additional wells and thereby increasing -ita Income. We otter a limited amount of thla atock at $25 a share, and having personally investigated and inveated In It. we can recommend it aa a safe, conservative, and profitable Investment. PORTERFIELD CO.

BANKERS COMMISSION BROKERS, 198 La 8alle 8trot, CHICAGO Per ton or 11 per pound was the value of some of the wonderfully run goto, ore enippea irora mt celebrated Black Bird Mine, located at Gold HU District. Colorado, the richest district of high grade gold ore In tbe worM. 100,000 share of the Black Bird Mining stock now offered to Charter Members only at 9 cents per share. Get la on the ground floor while atock Is selling at Use rock bottom price of cents per ahare cash or Installment; one-tenth down, and one-tenth each month. Stock cannot possibly last long.

Don't delay If you want any, but write at once for EnaHneer'a report, prospectus, maps, photos, special offer, bank referencea. and what the press and visitors to the property aayanj be convinced. HODER I ate SB-C'C RITIKS CO, 6 TO Temple Court. Denver.Coto. U.

E. VCODEND BANKERS AND BROKERS. Member N. Y. Consolidated Stock Exchange MAIN OFUCE, 33 BROAD HT.

New Vark. CHICAGO 31 ROYAL. INS. BLDO. OFFICES' MONADNOCK BLDO.

Stocks, Dcnds, Grain Ccf ten PAILY MARK RT LETTKK ANU WEEKLY UKVIKW I8SIEU. NOTICE OF DISSOLUTION. TO WHOM IT MAT ioNCERN: Notice Is hereby given that The Thresher-nea's Review Company, a corporation organized and heretofore existing voder ths laws of ths 6 tats of Illinois, was, on ths SOtb day ot September. A. D.

1M3. dnly dissolved. Dated this ltth day ot October. A. I.

1963. E. C. DAV1D60N. Preaideat.

W. V. WEST, Beoretary. 3.75 4V 4X SHU 6 4.85 J6 5a. savings bank and Monroe Streets WARE 200 to 211 Rialto Building.

DnviuncciAr roruii i loy co-ivef iurt onA.iunuiiiw, inL-jii liua drniitaj, ihj. GRAUJ, PR0VIS10IIS, STOCKS, COTTON AND COFFEE. Members Chicago Board of Trade. Kew York Cattoa Exrhssge, New Tl eric Coffee Eiesaage, Kew Orleaaa Cottoa Excaaage, Jillwaskec Chaaeber of Coaaaaereo Private Wires to All Principal Points 'V Members Beard si Trsds. aaA Send for our "Special Market Letters." STOCKS, BOHDS.

GRAIIL PROVISIONS. curitlss aaa Bisk Stacks. Telephone Main 170. Private Wires. 18e-ItX 1A -4LLE i HbK 1 Vfermtu tn Crais Or .7 Cttm AfsW 6 mdvitetC Wt will i gU4 it mud ywm our illuminative dmily mnd wmvijr fetter exclusive Wali Street cfxtmeut mnd fuit nhetker yen trmdt with er met, IV.

E. WOODEND CO. 5 Broad New York. Be Largest Profits Art Yours If you, keep posted- on Investments. Bend for a PreS Sample Coy of the Amerlcaa Adviser.

A veritable guide to success in stock baying. Well edited: fully Illustrated; reliable; Impartial. No prorreaalve man or woman should be without 1C Others are making money by judicious Investments and so can you. Write today. THE AMERICA ADVISES.

Est. 11 years. 613, Washington Cntcagt ENNIS SlUFFAiNl 34 HEW STREET, NEW YORK Consolidated stark Rxrhanee. New York Produce Exchange, Cat, UU, unicago xtoara ox i raae. 401403 KOOKery TeL 39S4 Harrlsas.

F. M. CLARY, Mgr. Orders solicited, purchase or sale, cash or margUu. STOCKS, WHEAT.

COTTON. Direct private wires to New Tork or Boston. Upato-data Mining paper tfully IN lust rated), containing all the latest news from famous gold ramps. Including BIU CHEEK efe Thunder Mountain V. m.

IHIHIXG JOCRHiL, ISO Saaaasi M. Y. EnilEST E. JOriES CO. COMMISSION BROKERS STOCKS.

GflAltt. OTTO Membera of Rast.rn and Western Eichin-ta 2i Im. Caile Chicago, 111. (PHvate Wlrea) Send for our "Bulletin" and "Daily Letters. also our book "Profe Ions I Traders and Their Saccessful Methods." Free on request.

'MlONfi HARH1SON 1614. Em TUB MIXIXO HERALD. Leading mining and financial paper, giving all tha newa from all the raining districts, and containing latest and most reliable Information on the mining and oil principal companies, dividends, etc. Every lnveator should have It. We will sen-1 It free for six months upon request.

A. I. W1S- MIT.R a Cn RmaAar.v Vnrk- a' a-v Oa1 Cei LdJll lO IN SUMS OP $1,000 AND UPWARD AT LOWEST RATES. H.O. STONE 5cv CO.

206 LA SALLE STREET. COMMlSSIOf. GRAIN sail PROVlilOXS. t0 Baard of Trade Mm Chleag. JOHN M.

GRAVES CO. BANKE-RS AND BROICERa, 2-88 Wall Street. N.w York. BCI ANU EGUi MINE LAMQTTE LB AD AND SMEL.T1NO STOCK. ffi'TY Tfl IfilM on Real Etat- I.U.r:i IU LUftvl at very ow Kates.

WACHIKOTOH ST. yielding yielding yielding yielding LED 1 I -Ta II.