davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-01-12

fewer still have recorded an advance
Lack Of participation in the buying by
the public is the chief cause assigned
for the sluggish and slumpy condition
that perVades the market, and there is
No outward signs indicating an i'm
provement in the near future.
With isolated exceptions reports from
the mines indicate constantly improv-
ing physical conditions, and while out
puts have hardly been up to standard
for a few weeks past owing to the IN
settled condition Of the metal market,
The time has been improved in push
ing development all along the line.
Ajax has dropped about &c a share
since Monday, though conditions at the
mine favored an advance, rather than
a decline.
Carisa, that touched the SOC mark
early in the week, grew stronger after
it became known that the management
intended to ship only sufficient ore to
meet expenses, and go on developing
during the unsettled condition of the
copper market.
Consolidated Mercur jumped suddenly
into favor after selling at $3.50 on
Monday, and before the upward move
nent ceased il had sold for S1.75 From
there it eased down, and closed with
a sale At $1.6S.
Daily West did business at S29.75 20
$30.0215 until the books closed on the
dividend 10 be paid Wednesday next,
after which it was held at $3.50. with
COO less bid. Lower Mammoth went
down from $1.16 to 81, though it brought
from &c TO 215c more than that after
the regular call yesterday.
Mammoth did some business during
the week a S1.31 to $1.33, while May
Day closed about &c lower than il
opened. at &c.
California also fell off considerably,
owing, no doubt, to the fact that early
in the week stock was wanted to vote
at the annual meeting on Wednesday.
Monday it sold at from 7S15c to S5c,
while the closing transfers were made
at Csc
Uncle Sam receded from re to 65Hc,
and closed nearly &c above that figure.
Century has been weak every day,
though prices have fluctuated some
what. On Monday it touched Bic. after
wards went VI 371zc, and closed on
sales as low at re yesterday. The
company is in iebt not less than $35, 900,
and yesterday a lee assessment, that
will furnish $4,000, was announced.
Before the new mill can be made to
earn good money it may be necessary
to make another levy.
Star Consolidated was hammered
down to 16c during the week, but the
last day or two it has recovered per-
ceptibly, and after the regular call yes
terday it sold up to 23c.
Sunshine has been active at 1870,
and Sacramento has sold up to lie.
Yankee Consolidated. with a sc divi-
dend on receded from 1886 to $34S
asked, while Victor has hung close to
44c. Ben Butler, Tetro. La Refine, Sill
yer Shield, Joe Bowers, Valeo. West
Morning Glory and a few other stocks
did some business during the week.
which closed on the following record
of final quotations and sales:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-01-12
TINTiC MINES
MAY SHUT DOWN
Result of Excessive Charge For
Water BIZ Sam Mcintyre.
-1----
TESQRA DELINQUENT SALE
NEW OIL WELLS TO GO DOWN
NEAR GREEN RIVER.
TESQR4 DELINQUENT SALE

a roar of indignation is coming from
the residents Of Mammoth in the Tin
TIC district and tie mine arrangements
whose properties are dependent on Sam
uel Mclntyre's pipe line system for the
wafer they drink and use in supplying
their households and incorporating
plants. 1t has been oc lsioned by the
rule lately adopted requiring every
Dody from the person who uses a buck
etful daily TO the mine that consumes
from $4,000 to 100000 gallons, to pay a
nat rate OF one-half a cent a gallon. or
douDle what they We're previously
taxed.
The raise was first made against the
management of the Black Jack, as near
as can be learned, on Dec. 1. when.
rather than pay It, Messrs. Evans and
hnlght discontinued its use altogether
and began pumping what they needed
from an old shaft on the Ajax extern
sion property.
After that is gone" said Nj. Evans,
suppose we shall have 90 shut down.
The new rate meant $500 per month to
US ana / have no doubt that it will
hit several others just as hard and
some of them a great deal harder"
Manager Weir CT the Ajax said he
bad been notified Of the increase and
The presumption is that the Star Con-
NHAi0fAtNNAiA VI anu central, lCIOI ana sew
efdl other of the larger operators have
been similarly notified by Mr.. McIn-
tyres agents.
1t looks as though -,Ir. Mcintyre had
made up his mind to have that portion
of Fintic adjacent to Mammoth al to
himself" said one disguised operator
during the afternoon. land if we are to
be held up for $500 to 81, 500 per month
for water with which to make steam il
VIII result in the shutdown of the
mines or some of them at least"
Manager Evans Of the Black Jack
took d less gloomy view of the situa-
ton, though he said it would necessi-
tate The combining of prices and a wait
till pipe could be contracted for and
delivered.
There is lots Of water in the por-
phyry Nelt running through the Tintic
district" said he, las illustrated in the
Sunbeam. TesOra and other mines, but
II VIII take time to get in shape to
utilize it. 1t can be done. however. ard
Mr.. Mclntyre's action will likely re-
suit in the proposition being taken up
in the near future"
Under the old arrangement all the
companies using water from the Nc
Intyre system had to lay and maintain
their own pipe lines from Mammoth
to the mines and then Mr.. Mcintyre
had sufficient OF the fluid pumped to
their works daily to keep them going.
The one exception was the Grand Cen
trail, which maintained its own pump
ing plant and presumably had a spec
ial rate in consequence.
1t is said that the Mcintyre pipe line
carries more water than can possibly
be used by that portion of the camp
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-01-12
THE o. K. Is A WHALE.
Forty-foot Ore Body Penetrated on
the 400 Level.
Milford Times.


superintendent Maudlin, who came
down from the 0. +. during the week,
reports developments on the 400 of
greater Importance than any that have
yet occurred at this property of sensa-
tons. The crOSs-cut that has been 60
ing through the vein on this level is
now in distance of forty feet, all in
ore, with no sign OF the foot wall yet.
While the vein has not been sampled,
its appearance indicates Enthusiastically
that it will average well in the red
metal.
uPerintendent Maudlin believes the
presence of such a monster ore body at
this depth establishes beyond question
the fact that the great vein goes to the
deep, and removes all possible ground
for doubt upon this point. AS the high
grade ore body was found near the foot
wall on the levels above, there is a
probability that it will be encountered
near the foot wall on the 400, but if it
is not the mine is still a whale.
Mr.. Maudlin's theory is that when the
water level is reached the values will
be found to be more evenly distributed
throughout the vein, with none Of the
sensGuOnally rich chutes, or else the
rich ore will be found in the form of
native copper. There are even now no.
ticeable some of the conditions that al
ways denote the presence Of native cop
per.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-01-12
SLOT MACHINES MUST GO.
Police Determined to Suppress VuI
gar Pictures in Saloons.

The police are again waging war on the
slot picture machines, which are said to
be installed in plentiful numbers in the
saloons of the city. These machines,
wherein are displayed pictures anything
but elevating in their character. have
numerous occasions. but the machines, it
seems from reports, still remain in the
saloons.
OF late numerous complaints have
reached the police officials about the ma
chimes. it being alleged that they were
in operation in many saloons, and that
boys were allowed to gaze at the pictures
as often and long as they please
There is a city ordinance against the
operation of these machines anywhere
in the city, but the officers declare that
they are unable to catch the saloonmen
running them. They now announce their
intention of seeing that the machines are
disposed of.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-01-12
CENTURY CALLS FOR $4,000.
A Minority Holder Tells What He
Thinks Ought to be Done.

Following the war dance that has
been going or in the minority ranks of
the Century company concerning the
management of the property ana the
accumulated Indebtedness. the direc-
tors got together Friday night, accept
ed the resignation of Superintendent
Percy Williams and levied an assess
ment of 10 cents a share on the capital
stock-an action authorized by the
state laws for the purpose Of paying
debts.
From the beginning the Century
management has pegged along and
tried in every way to avoid reSOrtlng
10 assessments, and with ordinary good
luck the friends Of the management
have been confident it would have sue
ceeded. From the din that was made
by those on whom the burden fell the
lIchtest. it was finally decided to hold
out no longer and give them a chance
to contribute.
It is currently reported that the in
debtedness, including what is due the
shareholders on an old voluntary as
sessment, will greatly exceed the $4,000
mark named by Manager White earlier
ir the week. and it is thought that
three assessments Of 10 cents a share
at least will be necessary to square the
company. o.,
II would like to see the company"
said a minority holder yesterday, 'em-
pIoy a high-class man to run that mine
and mill / would not object to seeing
one employed whose services would
cost $3.50 or $500 month, as believe
that is just the kind If man who IS
needed to make the proposition sue
cess. It is not so much the Pay man
n m i
man possessing the qualifications nee
'essarv to make low-grade milling
nroperty win commands good pay, but
if invariably happens that he IS the
.cbeapest IL he long run. I would like
N see the Century win out"
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-01-12

This suggested total yield Of 6IS661,-
400 bushels. compared with the Sep
TENDER estimate of only 626, 900 900
bushels. May opened = to 4 cents
lower 10 x 10 L cents up, at S3l5GS37s.
Between these two influences, the
cables set a fair number Of outsiders
TO buying the price went TO S37s6S4.
Commission houses. however, were the
only buyers and the report of a poor
cash situation. both at Kansas City
and Minneapolis and the prediction
that rain would fall in the winter
wheat belt TO relieve the disastrous
condition depressed the tone Of the
market materially Altogether there
was no support TO the market. Win
ter wheat was reported still scarce
and bringing higher prices than fu-
lures in the pit. but there were no
foreign buying orders even With the
firm situation abroad. As soon as
the market broke short sellers seized
the opportunity to pOung prices and
sent Nav down to S2ss. The close was
very weak, Us to IA cents lower, al
S212.
Corn shared in the wheat slump and
its break was bad. There was no for
eign demand and the demand west was
reported unimproved-
on the wheat break short sellers
pressed the market sOrely and May slid
down to a weak close, q lower, at 6534.
oats opened somewhat firmer, but
weakened on the wheat decline. Trade
was light. Nay closed Z TO S cents
lower, at 5&G457s-
Provisions ruled dull and heavy
throughout the session under the grain
influence and the close was weak. May
pork closed cents lower. lard 5 cents
lower and ribs 1905 cents lower
The leading futures ranged as follows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-01-12
HErNzE WINS AGAIN.
Judge Harvey Sets Up a New Rule
on Restraining Orders.
(Special ID Ii Herald.O

Especial to The Heraid)
Butte, Mont, Jan. 11.-Judge Harvey
today refused TO grant a restraining
order o the Anaconda Copper Mining
company against ,HeinZe's Nipper COM
pany to prevent the latter from work
ing the Nipper mine, owned Jointly by
the Anaconda company and HeinZe. IN
refusing the order the judge estab-
lished a new rule TO apply to the Anal
gamated company. and mining liti
cation generally, that insolvency must
be charged before a restraining order
is granted. There was much chagrin
manifested on account Of the ruling
from which there is no appeal. An
applicati ton for an injunction will be
heard Jan. 20, and in the meantime
Heinze Will be permitted to take out
as much ore as he can.
Judge Harvey has Deen charged by
the Amalgamated attorneys with
threatening in another case some time
ago, with declaring his intention to
give the company the worst Of it when
ever he was offered chance. In the
noted Minnie Healey case, in which the
Judge was charged with corruption and
immortality by the Amalgarhated at
tOrneys, and upon which they based a
demand for a new trial a motion for a
rehearing was submitted to him today
but no attempt was rlade TO go into
the nastiness of the allegations against
him. He took the matter under advise
ment.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-01-12
GRAIN AND PROVISIONS.

Chicago, Jan. I1.-Heavy selling by
leading professionals, a somewhat
bearish crop report and the advice of
numerous brokers to their clients to
sell on this bulge. brought the slump
in wheat Conditions seemed ripe for
a bad break and all over the pit trad
ers were predicting a bad dip today
and still lower prices Monday.
At the outset the market was rather
quiet and featureless.e The cable list
was slightly improved and combatted
the bearish influence of the govern
ment wheat crop report. This report
indicated a condition of S6.7. or 14.S
bushels per acre for the year 1901,
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-01-12
THE METAL MARKETS.
Expected Reduction of Lake Copper
Did Not MatriaIize.

New York, Jan. lit was thought
that prices for lake copper might be
reduced today but To Official an
nouncement was made OF the change.
Hence the prices stand at 1915 for lake,
u for electrOlytic. and 1115 for casting.
1t was reported that sales of casting
had been made at lie. Tin was dull.
but unchanged, with spot quoted at
22.75Q23.00. Lead was quiet but steady
and unchanged at 4c.. Spelter was quiet
at the former price of 440. Iron dull.
Pig iron warrants 11G12; No. 1 north
ern foundry, 15.5OG16.0O; No. 3 foundry
southern, 15.O0615.5O; No. 1 foundry
southern, 15.5O016.OO, and No. l foun-
dry southern soft, 15.O0G17OO.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-01-12
FOUR NEW OIL WELLS.
Men and Rigs Now on way From
California to Do the Work.

Manager Don c. Robbins of the Cali
fornia-Utah Oil company was in re-
ceipt of a letter from Secretary w. 1.
Roberts at Fresno Cal, yesterday in
which he was advised that a contract
had just been awarded to Z. H.
Mitchell of Fresno. to sink another
well on the cOmpany's ground, near
Green river and that he was then pre-
pairing to leave with a first class stand
ard rig. He was also advised that the
new stem and bit for the plant now
hung up at No. 1 well was en- route and
should reach its destination by Mon
day or Tuesday.
Secretary Roberts also stated that L.
L. Bettys was just leaving with a crew
of operators and a fine rig under con-
tract to sink three wells for the Mil
ton Land & Water company on the ter
ritory lying south of WOodside on the
Rio Grande Western and Green River
station.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-01-12
Coffee and Sugar.

New York, Jan. 1l.-Coffee-SpOt Rio
steady; No Z invoice, SIC; mild quiet,
Cordova, 71zG11c.
Coffee futures closed firm; total sales
uarv 665: March $50: April. $50: May.
$40; June. $50; July, 6S5G690; Sep
TENDER, 100; October, 705.
Sugar-Raw easy; fair refining, So.
centrifugal, 96 degrees test, 3l2c- mo
lasses sugar, 294c; refined dull; No o.
S4.15; No. Z. $4O5; No. 8, 1885; No g
$3.50; No. 10, S3.S5; No. Il, $3.50, No L.
$3.50; No. 13, 1913; No. IA, $3-I5; stand
ard A, S455; cOnfectiOners' y, $+-72,
mold A. $50: cut loaf. S5.25; crushed
$5.25; powdered, $4.85; graduated, $+-S5,
cubes $500
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-01-12
Yesterdays Sales.

Ajax, 1OOG521ac; 1OOq52Ac; 9OOa53c: 2OOQ
531sc; 10Od53Ac
Carisa. 2OGd521ac: 10O653c; 1,6OO654c; 200
G55%c; 1,OO0d55c; 50Oq551zc; 2OO9561zc; 200
d56c; 100d56Hc.
Consolidated Mercur, 10Ods1.68.
Mammoth, 100GS1.33; 100GS132
May Day. 500G62c.
Sacramento, 201617c.
Star Consolidated, 500621c.
Sunshine, 500Q181zc.
Uncle Sam, 1O0a65azc; 5OOd651Zc; S000
6614c; I0OOd6615c; 6OOG67c: 3OOQ56a4c
California, 4O0d67c; 4O0d66c; 1,20Od661kc;
1OGd6714c: 100d66:Ec; 1.2O0d6515c: 2Ogd65c
Century. 500634c; 100G351zc; y00q33c; 100
Sc c:aG dgc: PS@S6c l 9S86c iSS 9
2914c; 1,1O0d29c; SO0d2Sc; 30OG2S15c.
West Morning Glory, 10,000Q47sc; 1900
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-01-12
Thinks Horse Was Stolen.

Mike Garvin, who resides at the corner
of Sixth North and Twelfth streets
reported TO the police last night that a
horse had been stolen from him and
asked that an effort be made to recover
his property. Garvin claims that he rode
his horse down into the city last night
on business and hitched the animal or
Commercial street. He called at several
places in the city and on his return found
his horse gone. He visited every place
where it was thought likely that the THE
could have disposed of the animal, but nc
trace was found
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-01-12
Boston Mining Stocks
Mining Notes.

Fridays Chicago Chronicle an
nounced the arrival of Willard F. Sny-
der at the Grand Pacific.
The Buckeye Mining company has
levied an assessment of 21a cents per
share on its capital stock.
w W. Sonnedecker. manager of the
Silver Bell, leaves for the mine at the
head of Thayne's canyon this morning.
The Taylor & Brunton sampler yes
terday put through four carloads of
copper matte from the Con. Bingham
smelter.
Manager Van Patten Of the Bazouk
Consolidated came in from Bingham
yesterday on his way to Ogden. The
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-01-12
TEsoRA DELINQUENT SALE.
Company Bought in Nearly All Not
Paid Up-Protests Filed.

At the delinquent sale of Tesora stock
made necessary by the recent 20-cent
assessment and held yesterday after
noon, all but $500 shares, that was
bought up by outsiders, went back into
the treasury of the company. There
was such a long list to be disposed of
that when the sale ended the clerical
force quit without casting up the totals.
The number of shares returned to the
treasury, therefore, could not be given,
though it was probably not far from
$4,000.
Through their attorneys or in person,
Messrs. Joseph Oberndorfer, G. +.
Hudson, Isadore Morris, ]. H. r.
Franklin and w. J. Mcintyre filed for
NAL protests against the sale of their
holdings in the company, alleging the
illegality of the assessment, and the
presumption is that the gentlemen
named will seek the aid Of the courts
to have the sale set aside, so far as it
affects their interests. at least.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-01-12

situations, slickensides and crushed,
b'ecciated lime. A sample was intro
duced from the 1,1O0-foot level of the
Grand Central mine vertically under
the large Butterfly stope, which is
found in the north end Of the Silverop-
oils and COnsort claims, showing YER
teal continuity of the ore from its
highest point above the 900 level down
to the 1.100-foot level. Professor Viii
son then took up the different levels
Of the Grand Central and Mammoth
mines and gave a general description
Of each, reaching to the $50 level of the
Mammoth, when court adjourned.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-01-12
WORK AT THE AJAX.
Manager Weir Explains What is Now
Being Done.

After a couple of days at the mine
Manager Weir returned from the Ajax
Friday night. He said yesterday that
there mad been no important develop
meRts recently, but on the whole the
mine was showing steady improvement.
During the next thirty days he expects
to have made connections with the
Lower Mammoth workings and the cir
CulatiOn f pure air through the mine
thus secured will greatly facilitate Op-
eratiOns. The No. raise is now up
sixty feet and the last shipment of ore
from its showed values that gave a
very nice profit to the company. A
winZe has now been started iire"-iv be
meath it ana the ore holds out good
and strong with indications that it will
continue and probably improve, as it
is sunk upon. Within a few days a
donkey hoist will be SET up and then
sinking viii go on more rapidly.
MI. Weir is very much encouraged
with the showing which the mine now
has and hopes to improve it as he goes
along.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-01-12
LIVESTOCK MARKETS.

Chicago, Jan. 1L-Cattle-ReCeipts,
300: steady Good TO prime, nominal,
660GT. so; poor to medium, 4.0Od6-25;
stockers and feeders. 2-25G450; COWS,
L25G475: heifers. 2.O0G5.OO; Gamers.
L25G2. 30: bulls, 2.006425; calves, -2-250
6.25; Texas fed steers, 3.25G5.25-
Receipts. $4,000; Monday. 35.-
600; left over, 5000; ) to 10 cents lower.
Mixed and butchers, 6.O006.45; good
to choice heavy, 6.2566.55; rough heavy
5.9O66.15; light, 5.4OG6.OO; bulk Of sales,
5.95d6.3O.
Sheep-Receipts. 1000; steady. Good
to choice wethers, 4OOG475; fair to
choice mixed, 3-250425; western sheep.
4.OO04T5, native lambs, 2.50G610i
western lambs. 5.2066.00.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-01-12
Ore and Bullion.

Ore and bullion settlements in this
city during the past week amounted to
1885,. 400. Yesterdays proportion of that
sum being $4,000, as follows:
Mccormick & Co., ores, $1,000; gold
bars, $25, 900.
T. r. Jones 8, Co., ores, $4,000; bull
lion, 81, 00O
Commercial National bank, ores, ST.
oNn
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-01-12
Open Board.

100 Lower Mammoth at Sl.02
100 Lower Mammoth at SLOPE.
1,500 Star Consolidated at 23c.
200 Uncle Sam at 66%c.
200 Uncle Sam at &c.
100 California at csc.
400 Century at 29c.
100 Century at 2SiAc.
100 Century at 277sc.
1000 TetrO at 1512c.
1000 West Morning Glory at 47sc.
Total $1,000 shares.
Selling value. SO, 091.63.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-01-12
LINE FROM PROVO AND TINTIC.
Grand Central Witness Says It's Same
In General characteristics.

Especial to The Herald)
Nephi, Jan. 11.-Professor w. a. Will
son. expert on behalf of the Grand
Central company, resumed the witness
stand in the Grand Central Mammoth
case this morning, and his direct exam
ination continued throughout today's
session Of court With his testimony
Professor Wilson introduced venty-
six samples taken from belt OF coun-
try 1000 feet westerly and LOCO feet
easterly of Mammoth lot IS. His de-
scription of these samples was that
they showed characteristic occurrences
Of quartz, iron, manganese and spar,
which are found generally throughout
this area, and he states that such &C
currences were not confined to lot IS.
He also introduced a sample of lime
stone from a limestone quarry at Pro-
vo. which he testified was the same
general character of material found in
the Finn and Coates breaks which exist
Ii the mines in controversy, showing
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-01-12
SLUGGISH WEEK IN STOCKS.
Light Business and Weak Prices Has
Been the Record.

The week on the mining exchange
closed Yesterday with the sale of $4,000
snares of stock for S12091.63. and with
the light total of 374,496, and S2l0, 246.42
for the week. Very few stocks in the
active list have passed through the six
days without registering decline, and
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-01-12
Articles
Pacific Coast Grain Markets

San Francisco, Jan. 11-Wheat-F'irn-
er: May, LIS; December, 11214; cash,
1.O71z.
Barley-Steady: May. S4&.
Corn-Large yellow. 1.35dl40.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1902-01-12
Metal Market.

Silver, 55%c per ounce.
Copper. local quotation, ike; New
York, 111ac per pSAnd.
Lead. local settling price, $3.50; New
York selling quotation, 81.