davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-09-06

During the six days a total of 229.Il4
ShaFeS. with "a selling value Of S7I651.25.
changed hands. the final calls bringing
CUT ff.az3 shares. which sold for SIS. 1872
AJAX closed as II opened the week. at
-lc a share California. which sold at
Sec Monday. was offered at Joe vester-
ua3 Wnlle De- only was bid. Century sold
up during the week from 3N%tc To- 42c and
closed, with it's dividend paid. at 4Oc bid.
81 asked The delays i'm getting the new
slime plant i'm operation have made Con-
Soudatcd Mercur weak. the StucF being
offered yesterday at SLAP. Carisa sui
feed Il relapse during the week and sold
down 70 nearly lac a share The close
finds lt fully recovered. however. and
again ON the upErcde. The Importance
of the new developments in the mine IS
Just beginning 60 10 understood. and the
prices.
Daly-West held close around the $40
mark during the greater portion of the
week, but the directors decision 10 in-
crease the dividend rate by be a share
FRIDAY aitel noon had the effect of send
ing the price up 1t opened at $4,000 and
closed ON the open board with the sale
of several lots an SH.50. Day-Judge con-
unued TO do "a little business at 50 TO
S9.27, the bears evidently feeling "a little
Jmld about getting their claws into il.
The laying of new track in the tunnel and
mine viii be completed i'm d very few
days
Nothing has been given out regarding
condltN 1ns at the Lower Mammoth. but
tS tn' HtllllS yesterday was at advancing
figures, 1t Is presumed that developments
on the l,2o0-foot level are beginning to
grow interesting. MAY Day was another
of the stocks that faltcred during the
middle Of the week. but like the rest Of
them II has also recovered and is now
commanding 13c a share. There has been
nothing doing in Mammoth. while Mar
tina Washington has been very lively for
the last half of the week. Monday 1Iec
was the best bid for it.. Yesterday it sold
at 2kc.
Sacramento continues strong at 26C and
and better. Star Consolidated has moved
up NC TO Zoe, while Utah is stronger than
it has been in many weeks at 64c. Cucle
sam has f!uCtUatCd between 254C and
2hl2c and Victor gives signs Of improve
ment. though trading in it has been light
for some time.
TetrO has been the star performer of
the week, the splendid reports from the
mine having sent the price Of the stock
steadily up from 11tzc to &c. the close
finding II a little lower. Yankee CONSOLE
dated has also made great strides for
ward. Monday it sold for Bic. while yes
terday the single 100 shares released
brought 45C- The rise is due entirely to
improved conditions at the mine.
Following is the list of final quotations
and record of sales made.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-09-06
The MINES~-BUSINESS ON EXCHANGE

day.
Cross-cUtting stil continues on what
mas been called the blind ledge. which
was encountered ON the 800 while running
the working tunnel This vein. which evi-
IDENTIFY parallels the one first opened. has
Deen gone into for a distance Of forty
Leet, with no wall yet The ore looks
even better than that i'm the other work
ings and the values compare very favor
ably with those Of the other veins. The
working tunnel is now 200 feet from the
ana is in very hard granite. but
the ground will be softer when the DOR
phyry BELT Just ahead is reached. and it
IS believed that another vein Of mineral
VIII also be found. From the lower end
the tunnel has been sent in loo feet. so
the great bore is nearly o%ne-third com
pleted. it is large enough for the cleo
trio motors that viii be used for the ore
cars, and which viii take them a mile
and a half below the mouth Of the tunnel
% the OnCentratOr.
The engine house at the mouth of the
tunnel was destroyed by fire last Sunday
night. The fire broke out while the shin
was at supper and I'm a very few minutes
the building was entirely burned. The
machinery was only lightly damaged.
but Surveyor Street. who had been sur
veytng the railroad line to the milIsite.
lost all Of his engineering instruments.
valued at $3.50.
Superintendent Van Patton is steadYv
prosecuting development work al the
Comet, just above and adjoining the Gao
tus, and promises that he viii make a
noWln that will eclipse the famous
NeWhOuse mine. The prOpnrtv is
equipped with a fine plant and the shaft
has reached a depth of 262 feet. There is
"a great showing of ore on the 100. from
which some beautiful copper has been
taken, and cross-cutting has commenced
on the zoo. The apex of the great vein
crops out at this point and can be plain
ly seen cutting through the hill.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-09-06

One OF the remaining picaIres shows
the method employed in developing the
now OF water at a point in one of the
big springs, while the other shows the
picturesque little home of the Souires.
from whom Mr.. Newhouse acquired the
main springs and the lands upon which
they are found, at a sum said To have
been in the n~eighbOrhOOd of $7O,O 600. On
this sDOt is found a splendid orchard
OF bearing peach. apple, plum and other
trees, covering several acres. Other
adjoining lands were secured by Mr..
NeWhouse from Joseph DemeuIle. the
total purchases covering more thar
l,OOO acres and great springs
the only water for miles around.
When these lands and springs were
purchased il was estimated that the
dependable flow amounted to $50 gal
Ions. Through the work recently done
on the main Wah Wah spring this
amount has been Increased to loo
gallons per minute. and Manager Bet
ties estimates that the flow car very
easily be increased to 1000 or 1.SOO gal
Ions by developing the other six
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-09-06
TINTIC's Low-GRADE ORES.
Wrecking of Old Mills-Mine Owners
Getting Some Relief.

Getting Some Relief.
Blu little remains of the Farrell. or
SlOuN-J tah mill. at Robinson, TiutiC.. tho
WreCkers" to whom the lumber was sold
having removed all but the framework.
10 Us reasonable to presume that the big
fate. as II /" not probable that the com
pany will ever again seek 20 concentrate
It's ores. since "A satisfactory ratc has
been given II by the sm.lters. The ores
IN the mines around Mammoth. highly
slliciOus I'm their nature. do not Weld
readily to the method adopted. and as
their IS a growing demand for siIicates
from the smclters. which show a 6isDosi-
ton to make a treatment charge that
viii afford a fair margin to the old
mines, where the ore is already devel-
oped. there is little probability that any
company would find the mill a profit
able investment.
In the Grand Central mine everything
betWeen the walls of lime is shipped.
and the lays Of close sorting in an the
big mines have gone. With 4 reduction
or transportation rates. which is bound
10 come, several other properties will be
able 20 greatly increase their output.
with q corresponding increase I'm the
earnings.
The Lower Mammoth. Victor. Cari,a
ana Star Consolidated all have a cousid-
cradle tonnage OF reCk of an average
value OF SO. and I'm the Star the deposits
are or lmmenSc size. II s. estimated thai
I'm the old tunnel workings n this urOU-
ertY, above the collar of the shaft. are
not less than lOO,GoO tons. and with the
extension of the ere railway that runs
to the Mammoth mine. which is now he
property Of the San Pedro route. the ore
could be loaded directly into the cars.
the entire expense for loading and min
ing not exceeding 90 cents a ton. .
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-09-06

is now i'm progress. and by the time the
5,SOO-fOot tunnel, which is being driven
from a point near the mouth Of Copper
gulch and on the edge Of the Wah Wah
valley, is completed it is conservative
ly estimated that $12,O 0O, 600 to S15,-
0 10000 worth of ore viii have been
opened up. The tunnel mentioned is
now being driven from both the mine
and valley ends and viii be completed
early in the coming year.
In the picture showing the tents the
reader can see the dump at the mouth
of the long tunnel. Beyond is the Wan
Wah valley, the first mark in the pic
ture showing approximately the IOca-
ton Of the proposed great mills and
smelter- .Still farther M is designated
the spot where the model city of New
house viii be built. while the mark on
the distant range Of hills shows about
the point where are located the springs
Of pure water which are now being
piped the intervening distance of ten
miles to supply the new town and
works of the company. at an approx
mate cost Of $500. 600.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-09-06

The accompanying illustrations are
given in order that the reader may
form a fair IDEA of the region in which
IS located the mines of the Newhouse
company, in Beaver county. where.
when plans are fully matured. copper
bullion viii be produced on a scale
never yet reached in his state. AMI
where the desert viii have been made
to blossom as the rose They show
where Mr.. NeWhOuse has planted his
S6-OOO,OO0 company and where he and
his associates viii have spent approx
mately 100000 in money by the time
the mine and reduction plants are run
ming in full blast.
The picture showing the hosting
works i'm the canyon gives tho location
OF the company's Cactus mine i'm Cop
per gulch. The. mine has been opened
TO a depth of 600 feet through the little
hosting house shown in the center
foreground. To the depth of 800 feet
more than $4,000 O0 worth Of copper
ore is now blocked out ready for min
ing. Between the 500 and 600-foot lev
els the work of blocking out the ores
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-09-06

springs. located at other points in the
property.
The main Wah Wah springs cover q
great NAM acres and the flow from.
them is being carried through long
lines Of tWelve-inch pipe to the so. 900
gallon intake reservoir. From there
the water viii be taken across the val
ley to the east and delivered at a
5O0OOO-gallon distributing reservoir
that is being constructed at a point
not far from the site of the proposed
mill and smelling plants. 1t is being
made in double compartment form. one
side TO supply the mill and smeIter.
with provision for r~ehandling the water
when necessary, while the other side
VIII supply the town and works with
pure water for all purposes.
Everything in connection with this
great enterprise is being planned with
the utmost care and skill. and two
years hence pictures of the section
covered by the illustrations here shown
will present a decidedly different as
poet.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-09-06
COPPER eULcH BOOMING.
Four Hosting Works in Operation
Within Stones Throw of Each Other.

A representative Of the Milford Times
visited the properties of Copper gulch this
week and Witnessed a scene Of great ac-
rIyity. With four hoists in operation
line Cactus. Comet and two on the Black
bird-withiu "a stones throw Of each 9TH
ar. 10 looks very much like something
doing. and there is every Indication that
q great pper camp IS to be built up at
this point. Superintendent StinEley of the
Cactus extended every courtesy and pilot
ed the Times man through the labyrinth
of underground workings. There is really
nothing that can be added 10 what has
already been said concerning the extent
% value of the Cactus ore bodies.
Three separate veins nave been opened
and nowhere is the ore body less than
forty feet thick. while I'm places IL ia over
100 feet thick And 10 is all ore. There
will Ice no sorting. except to separate the
very high grade. which viii go direct to
the smelter. from the medium grade,
which goes 10 the concentration The ore
Is Of such wonderfully easy concentration
that the action 81 the atmosphere and
rains upon the big dumps has I'm many
places effected a separation n cOncen-
tration plainly visible The ore bodies
are Of suCh magnitude that those con-
nected with the property. who see the
workings every day. really cannot COM
prehend or realize how much ore there
but they do know that there is more
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-09-06
FALL OUTLOOK
FOR UTAH MINING
Dividends, Production. Metal
Prices, Etc, Stimulating.
TlETlC's LoW-GRADE ORES
NEW RATES OF TREATMENT
MAKE MOVEMENT CERTAIN.

With the Daly-West's dividend in
creased TO 65c a share. OF within 1 2-3c
OF that paid by the Silver King. with
the Sacramento counted upon for an
increase. with the Century in the list
and every prospect that the Utah will
re-enter this month. the fall months in
the Utah mining field nave o-pened@nOst
ausDiCiOusly. Whether the COnsOlidat-
ed Mercur VIII get into line again this
month depends upon the performance
of the new slime-treating plant which
IS slowly being brought into commits
sion. but there is no doubt that 1t will
be heard from next month, under any
condition Of circumstances. The Annie
Laurie is again grinding out the gold
and the big mill Of the Daly-Judge will
BE I'm full commission before the month
ends
In every district Of IN state the
greatest activity now prevails. n at
no time during the present year has
the outlook for the future been as
bright IN the mining field as # is today.
Never in the history Of the state were
as many men on the pay rolls of the
mining and reduction companies, and
seldom has the same interest been man.
Tested in the various camps by in
now. The increasing price Of the metals
has had a very stimulating effect all
around. and the record made by the big
mines Of the state has been one to in
spire confidence in the industry every
where
Alta, Bingham, Tintic. Park City.
Gold Mountain. Marysvale, Beaver
county. Park Valley, Stateline. Amer
jcan Fork. Deep Creek. in fact all the
districts are beginning 10 feel the re-
suits Of the investment of capital made
during The past two or three years. and
It is not going to be long till reports
showing the number Of new mines
brought i'm win be chasing each other
in rapid succession.
During the week just closed the ore
and bullion settlements in the open
market. as reported by Mccormick &
Co, amounted TO S431 800, yesterdays
proportion Of the total being S63, 500, as
follows: Silver, lead. gold and copper
ores. S35. 400: base bullion, $2S. goo. The
usual amount of copper bullion was for
warded from the independent valley
plants, as follows. Bingham COnsOli-
dated. $4,000 pounds; United states.
1S0,245 pounds; Utah Consolidated,
800. O0a, while a similar amount Of cop
per bullion was also forwarded by the
American company, making the total
for the week 962. PAS pounds.
The Majestic company. operating in
Beaver county. was to have a its
lead furnace in commission today. but
the great scarcity Of teams has pre-
vented the management from getting
ores 10 the plant i'm sufficient quantity
10 Justify the start being made so soon.
The trouble is expected to be overcome
within a very few days. when a start
viii be made.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-09-06
BUTLER-LIBERAL A MINE.
Retiring Superintendent Has Moth
ing But Praise For Property.

Tom Coale, whose resignation Of the
superlntendency Of the Butler-Ltberal
took effect Sept. /, says the Bingham
Bulletin, speaks i'm high terms of the
mine. Being one of the best miners in
the state and greatly esteemed for his
intelligence and reliability, his opinion is
of special value.
Mr.. COale had supervision IF the Butler
from March. 1902. He advocated it's con-
sOlidation with the Liberal, contaminated
a Few weeks ago. for having become con-
Versant with the lay of the ore bodies
ne saw II would be 10 the advantage of
n two properties to be operated as one.
At the time he began with the Butler
IL had no ventilation and not thirty tons
OF ore in sight. A circulation of air was
established, and from development work
done last year some l,50O tons of market
able ore was obtained.
This year, until the I'D of June. the
mine was idle. pending the apex suit.
mat ended in consolidation. Since June
oSO IONS or flrst-claSs has been shipped
a part from the Liberal side. while there
are now in the ore bins five carloads G3j
tons) OF shipping, besides about 500 tons
OF concentrates. During August 2S2 tons
Of the first-class and 200 tons of the sec
Ond-clasS were extracted.
AT the present time the mine is i'm a
healthy condition. with 1000 tons of ship
ping OF. I'm sight. AS much more can be
developed with little work. and if advis-
able all can be sent to market this fall.
II IS ndru 70 estimate the amount of ore
dFdlldDie tnat could be m1lied at "a profit
IT. the min were equipped with a suit
dDie concentrating plant. though il az
g~regates several hundred thousand tons.
A winze down fifty feet is the only
opening that has thus far been made be
low tunnel level II shows a strong vein,
carrying two feet of ore that is mostly
shipping grade. Farther sinking was
suspended owing TO water coming i'm and
lack OF facilities for handling il.
Mr. Coale says further development viii
prove the ButleT-LibcTal to be q great
property. What has been done is but a
scratch at the surface. He is favOrabIv
Impressed with his successor. Mr.. Will
liams, believing him capable and cucr-
gettc. Extensive development work Is
and while il is progressing there
IS no reason why the mine cannot be
placed on a dividend-paying basis.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-09-06
YesterdaH,s Sales.

Garisa. neutrality-suspicious.. 500d15ssc.
moo l61tc; l5oo0l612c, l.0a0016@sc. Total,
6-50t shares.
Daly-West. 25a$40.g0: 25n&1. Total, 80
shares.
Lower Mammoth. l0}0 Gi-c: poo 15c,
ItcUf3izc. Total. 400 shares.
May Day, 1,000l24c. 6Og)dI2%c: 3.J00n
l-lzc; JO0nl23sc; LO0o0 1870; 500d12ac. sell
er so. 2.5000I3c. Total. 15.0G1 shares.
silver Shield, 5o0U9Ic: 5o001Oc; 50O097sc.
Total. 100 shares.
star Consolidated. 100d1Sc: 1OOd1SIc;
a.00Od19c. Total. 300 shares.
New York. l00d21ltr; 6)od21c. 50062olac.
oVgq2Ol4c; 2,00Ou20c. Total. 800 shares.
2O00d2Ac. Total. 4.500 shares.
Wabash. 200011e. L.Gl0d11f4c. Total
1.2o0 shares.
Yankee 1OO042c; 109dHc: 900d45c: 1O06
45l2C. seller co. 39Od4JLc: 4O0d44Iac. 3OQdJ
44&4c. Total. 300 shares.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-09-06
GOING AFTER THE GOLD,
Franklin syndicate's Bold Plan of De
veloping Marysvale Properties.

With three great tunnels boring their
way into the very heart of the mineral
zone at NIarysvale. DIT. rankin and his
associates promise disclosures before the
winter is over that will astOnish the ma
tivcs. not only Of the camp. but of the
state as well. owhere I'm the west. says
the doctor. Is there a district which pre-
scnts the same opportunities to develop
Ereat gold-silver mines as does the region
about old Mount Badly. The work done
10y the prOspeCtor and the mine owner Of
limited means has been sufficient to aC-
Curatelv determine the course. dip and
general characteristics of the Lodges and
surrounding formation Of the country,
and the Chances taken In exploring at
depth. are, I'm consequence. reduced to a
minimum.
What chances there are i'm the under
taking. Dr. Franklin and his syndicate
are taking by attacking the mountain at
three different points with q purpose Of
C~roSS-cutting all the known n unknown
veins that traverse it. These tunnels are
designed to demonstrate the mineraliza-
tion of the country at varying depths be
meath the surface. AS several good mines
already exist at different points along
the mineral zone. the doctor has no reas-
on TO doubt that deep exploration will re-
veal many wonderful things In the shape
OF vein formation and mineral deposition.
His plan assures deep dry mines with
every facility for economical operation.
and the value Of the properties acquired
could not be more Cheaply determined
than through the methods adopted.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-09-06

n01ed that the loans are s5.2SfJ00 i'm ey-
cess of the deposits. against S2.g67.g0 o I'm
TIE previous week
Though business on the stock exchange
WaS less i'm volume than in the week
euuihS Aug -. the average daily clear
lugS were S2l.0eO.UO9 greater. mOuntfne TO
$ib-uo1-oO0- Tho increase was probably
larSely due To the September settlements.
winch We're i'm progress during the week.
lhough the decrease i'm surplus reserve
was important, as above noted. there Hoes
not seem TO be any Indication That the
movement of money for croD DurDOses
mas begun. TO be large. this being con-
LHleu 10 shipments largely TO the south of
not more than $780, 900 so far as could be
Traced Moreover. the fact that the
treasury is absorbing considerable sums
ought not to cause anxiety. for should
the5c ASSUMPTIONS continue to be large The
secretary viii probably be induced to ex-
Sc-u IelieI lhFOuGh an Increase of deposits
Tor public funds in the national hank da-
PoslJorles. ~Comparisons of changes i'm
loans snow that three of the larger banks
increased this item by SI.40O.GO net. Five
institutions lost S,lOO.004 net in cash
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-09-06
SILVER BELL IMPROVEMENTS.
High-grade Ore in Wine and Better
Showing on Tunnel Level.

That the Silver Bell. adjoining the
Comstock at Park City. is fast developing
into a mine is indicated by the assays
upon the ore now coming from the Winzc
below the tunnel. and which is lust be-
ginning 20 make its appearance i'm the
drift through the fissure on the tunnel
level. Returns from samples submitted
yesterday showed the presence Of 20.g per
cent lead, 59.S ounces silver. S1,gOld and.
rs per cent cope per ton. The driN be-
ing pushed out on the tunnel level is now
almost vertically under the old upper
workings, and. allowing for the dip and
strike of the ore chute to change con-
siderably it IS not thought that more than
100 feet. or such a matter, viii ave to be
run TO get the main body.
Superintendent Fred Raabe is very
%sanEuine that the changes now occurring
viii lead him into a great body Of fine
ore very soon, and ne speaks most en-
Enthusiastically over the outlook. Manager
SOnnedeCker will go out to camp tOday
and size mp the condition himself.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1903-09-06
MAY DAY DELINQUENT SALE.
Very Little Stock Had to Go-Ship-
ments and Mine Conditions.

At the delinquent sale OF the May Day
yesterday afternoon about 500 shares
had TO be sold to cover the assessments
and costs on Psi shares. The sales were
made at practically the market price Of
the stock, as shown during the trading
Yesterday morning on change. so the
shareholder was not in any manner
piuChed. Controls were assayed yesterday
on the e~iEhty-eiRht and One-half dry tons
81 concentrates which reached the mar
ket a dav before, and. according to the
ruling price Of the silver and lead mar
ket. the lot will net just about 81. 400. In
grade the concentrates were the best ever
made at the company's jigginE plant.
Compared with the last lot marketed they
show 40 more ounces silver, so cents more
gold and n little more lead.
The first-class ore streak In the lower
workings has widened during the past
two days from three TO four feet. and
while a few days ago the drift was sup
plying about half and half of first and
E~ecOnd-class ore. the drift IS now being
through first-class altogether. the
milling ore being undisturbed. Prepara-
tions arc making for the shipment Of an
other big lot OF concentrate and first
r'ass. and from an Indications at the pres
emit time September Will be a record
breaker month I'm the amount Of ore
shipped from the property.