davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-06-05
MTNrNa gTocK ExcHANeE.
Barring Few Securities Trading Of
the Week Was Featureless.


With five days to its credit the week
on the mining exchange closed yesterday
on total sales of stock amounting to 62.0
shares. with q selling value or &zl,5-6,
During yesterdays single regular ana
open board calls 1890 shares, with a sell
ing value Of $1,T79S8, changed hands
The market has been Gail ulSh le3life-
less though Grand Central. uUn,aiid-
TOuOpah and TetTC have shown splaudiC
strength. Consolidated Mercur has also
recovered somewhat from the weakness
It displayed early in the week. while sac
ramentO New York, Carlsa and Uncle
Sam have been allowed 20 60 without sup
port from any quarter.
Daly- West has fluctuated between $3.50
and s24 and trading In the stock has Deeu
rather light. I'm all the better grade OF
stocks 1T is n0uceapie that oi9Sta oL IN ~
least consequence cannot be uued with
out causing a sharp rise and the condition
applies to the stauuCh little fellows as
well as the big dividend payers.
Moutana-TOnopah. which closed one
week ago az SL525z bid, l69 asked, mas
sold all the way up from si-b5 20 si6o on
the exchange, and at $3.50, private sale.
1T closes firm az $40 bid, SL82ia asked.
Grand Central ON the strength Of re-
ported conditions at the mine, has neld
close to $40 during the week and closes
with the sale of fifty shares al $3.50
Tetro was selling week ago for 2St2
cents. 1t has since moved up by easy
stages to 81 cents, and the talent is pre-
dieting better prices vet as ine mine IS
I re
while the new hoist and new power drills
are performing in a manner to excite the
admiration of every visitor to the mine.
Butler-LibeTal IS not making any par
tiCuiar noise and the talent is making
strenuous efforts to hold the price down,
but for what reason is not apparent snip
ments are being regularly made and III is
said fine Roadway is being made in the
new operating tunnel The belief Is gen
eral ln mining circles that the stock ls
worth considerable more money than tl
is selling for and a strong shoot upward
is predicted for the near future.
Century has been a little weak but re-
ports from the property which are resu-
larly emphasized by the bullion sent out
( indicate that the dividends of 5000 per
month are a great deal more than being
earned
Consolidated MerCuT also looks good for
/ an advance. as the mine and mill are both
reported to bc behaving better than they
I have done at auy time during the pres
eut year. while the old mll at Manning
viii soon bc I'm commission and adding at
/ lea>' $3.50 Der month 20 the company S
net earnings
other properties continue to send out
good reports. and viewed from the stand
point of merit b. appears that nearly
/ every stock in the list is exceedingly low
/ iu price and good 90 hoio.
Following IS the list Of FINAL quotations
and record Of sales made during yester-
days calls.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-06-05
RUNNING NEW TUNNEL
Southern Pacific Company Driving
In on the Ledge.

Southern Pacific Company Driving
In on the Ledge.
Manager W. J. Burnham is down from
the Southern Pacific company s copper
properties a few miles north of Og-
den He states that "a new tunnel has
been started aL point $50 feet below
The upper workings. for the purpose of
obtaining depth on the ore bodies with
ont having to sink. The tunnel was
started In on the vein and after drlN-
ing eleven feet the ore was struck. He
intends to drive the tunnel with two
shifts and as the vein IS followed In he
expects TO encounter the finest kind of
copper rock III practically limitless guam
uty.
on the dump Of the upper workings
ne now has out two carloads of fine
shipping ore, but it is possible that he
viii not begin m1rl-eLiHE until he las
driven some distance into the ledge
through the new tunnel as mining can
be carried on SO mueu more rrofiIably
iu that way.
AT a point 900 feet still further down
the hili, Mr.. 8Uruham says, good ere
has also been opened MP at the surface
and some day q tunnel viii be started
that low down to obtain great depth IN
the ledge. lie brought down some fine
samples from the new tunnel and mas
no doubt that he will drive through good
ore from the beginning and for long
distance into the company's ground, he
viii return to camp Wednesday.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-06-05

Robert Brown. foreman of the Centen-
uial-EuTelSa, was lu from camp yesterday
James shorten, secretary of the mining
exchange viii visit Bingham today. IL is
said that be is trying to tie up prop
erty out there.
Managing Director J. =. Darmer Of the
NAY nay company VIII spend Ioday az
camp inspecting the company mines
the lowest workings.
Willard r. Snyder. president Of the
eral manager of its properties LEFT Tor
the east Yesterday noon. He expects to
be absent some little time.
Bingham and Tintic were each repre-
scented a- the TAYLOR g. Hruut0u sampler
Yesterday with two cars or ore. The
company president ana general mana
ger Frank n. Taylor. viii arrive from
Butte tomorrow for the purpose OF CHECK
ing up the last quarter's business at this
point
~. X afordoch. foreman of the Homer
inc company's big milling plant at stock
ton. was IN the city yesterday making
purchases of necessary supplies RE re-
ports the plant % be running IKE clock
and turning out a big tonnage OF coneen-
with the best that come from any min
in the state.
j. vs. Merrill who has been touring in
southern Cilmes during the winter. re-
turned 80 the city Friday night. he was
particularly impressed with MS visit %
cuba. He says Havana is now one ot
much cleaner than Washington. he de-
elares. az IS Washington cleaner than
salt Lake
Eureka Reporter. About forty men arc
now upon the pay roll at the Uncle sam
mine The mine is employing larger
force now than at dUF other time during
the past few years and the mill IS also
furnishing employment for about ten men,
Bingham Bulletin. John AylWard came
from the CitE Tuesday and has taken
supplies % me sunset group at neao or
Markham Euich, on which considerable
work Us 60 be- done this summer. and also
. The trail o. the property converted into "A
ueN and those interested with him Gu-
Guiding AylWardl have been developing
Cludcs the Dphir claim. from which some
years ago 80 tons of ore were taken that
yielded sl 90 so iu gold per ton besides
values in silver and lead.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-06-05
POST DIVIDEND
OF DALY-WEST
Directors Order Sum of $72,-
900 Paid.
S.P. COMPANY'S NEW TUNNEL
WEEKS ORE AND BULLION
SETTLEMENTS

The directors of the Daly-West Mining
company met yesterday afternoon ana
posted the June dividend III the sum OF
$1,000 or 90 cents share. Books for
the transfer of stock viii close on tne
The books VIII reopen ON the I0ioWlhS
day.
with this distribution the company viii
have paid it's shareholders SOP COO since
the beginning of the year and total to
date OF 81 ll3 0J0. The first distribution
of the company was made on Oct 2 1854
or less than five years ago. so rle mine
may stlll be considered "a younSSter as r.
diVidend-paEe when compared with such
properties as the Ontario and Silver King
General Manager j. u. BamDerEer states
that the property Is looking healthy, the
mills are doing fire work and elJtnlug
points 90 q profitable years opera tiOns.
Ehe subject viii not be officially dis
Cussed al aIl but from reliable sources Do
is learned that every thing is now ln
shape for the systematic exploration and
Development of the recently encountered
high-grade body of ore ON the south side
of the famous quincy dyke That being
true 10 may be taken for granted that
be finding its way TO market, although d.
Is known to be the policy of the manage
ment to- confiue it's operations Go develop
menJ OF the high-grade ores while the
mills continue % provide the money for
dividends
Everything points to the building up by
the management of great reserves or
shipping ore duriHg The next year or two,
and the sages of she camp are nais.ng the
prediction that the Daly-West will be a
better aud richer mine five years hence
than d. is TODAY
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-06-05
FORT HALL MINES.
District Out Of Pocatelo is Develop
inc Good Mines.

ing Good Mines.
With a gripfuI of samples OF copper
gOid-siiyer-iead ores from his COmpany's
properties six miles south of POCateliO,
u. 4. Jacobs. treasurer or the Portneut
Mining g. Milling company captured the
attention of mining men yesterday. Not
only did Alr- Jacobs show that his COM
pany mad some fine claims. but he also
gave an intelligent idea OF what is being
done Ina the Fort Hall district for
stretch of more than six miles along the
known mineral zone.
Mr.. Jacobs company owns the R0rtueuf
group of seven claims, the lines of which
run within l-5 feet Of the Oregon short
Line and the mouth of the developing
tunnel at little greater distance from
the tracks. lt also has the Roder group
one and a half miles 20 the north, and
from Mr Jacobs statements IL would
seem that nothing but development was
required TO make good producers or each
on the Portueuf group the company is
running tunnel to tap the ledge 80 feet
below tremendous blowout on the ledge
which averages about ten feet wide along
It's OuJCrOp through the claims The tun-
mel IS in l0o feet and it Is calculated that
Vein. The ledge exists In a dOlOmlLe lime
formation and good Roadway is being
taken from shallow openings i'm the Vein
have given essays iH copper, silver and
gold having a combined value az $50 per
The tunnel on the company's Roder
group. one and "a half miles north OF the
pCrtneUf ON Black Rock creek Is now I'm
$50 feet and is headed tor a big gold
bearing vein 100 feet further ahead. AT a
distance of $50 feet i'm from the mouth of
the tunnel thirty feet of a c0nglomer8te
quartz. carrying 1876 per cent copper, l6
ounces silver and a trace OF gold has
heeG passed through. What the ore body
is going 10 amount to the management
has not determined and no effort al de-
Velopment iu the BODY win be made until
after the gold ledge for which the tunnel
f. being driven has been tapped. sam
pies of the ore displayed by Mr. Jacobs
show couCIuEiveiy that the ore body has
great strength and it is the opinion of
ground that contains mine of merit
One mile south of the POrmeuf group
across the river the Fort Hail company
fs reported 20 be working Il force of sew
erai men. A tunnel has been driven q
distance of 100 feet and after cutting
several lodges OF minor importance the
report has come out that the main vein
has been reached and that sc looks fine.
East OF che POrLneuf group the luman
and opening up property of unusual
merit
Six miles north the PocateHo Gold &
Copper company IS operating the famous
Moonlight group. while the Great W. est
eru and other COmDanies are making a
splendid showing. I'm a majority of i'm
stances the business men Of POCatellO are
the ones who are pouring their money
into the district without stint. and Mr.
Jacobs saws they now have done enough
10 convince mining operators anywhere
that. systema ticaiy handled, they have
the making of great mines i'm their pros
poets.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-06-05
80 - surar-

New York, June 4-Coffee-Spot Rio
quiet No Z invoice. ga mild steady-
COrdOVa, 9StGf3. The coffee market
opened steady at unchanged prices. in
keeping with featureicss foreign news
and ruled generally quiet, bat eassd off
slightly just before the close on light
liquidation i'm the absence OF prompt
buyers. The close was steady net uu-
changed 20 five points lower Sales, 49,
10 bags. including july at 6-65- Scptem-
Der. 5.60d5S5, December, 605s March, 6.85,
and May, 500.
Sugar-Raw firm. fair refining 7-I5:
centrifugal IS test 1916; molaEses
sugar, 3-16. Refined steady Ne. g. 4-55s
No. Z A50: no. s. AIS. No. 9, AGO. NO 10.
435. NO. IL. 40. No r. 5.Z5; no. Is, 4Z95
No. IA. 415- confectionery a. 40; mould
A. $50; cut loaf, 1885, crushed $685.
powdered, 500 graduated, ASS cubes.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-06-05
NEWS DOES NOT
AFFECT MARKET
Prices Have Maintained Same
Level For Some Time Past.
DROP IN LOW GRADE STOCKS
BREAK IN COTTON Is REGARDED
HOPEFULLY.

New York, june fit would be difficult
to find a stock in the active list which
shows a change of as much as a point
from the last price of Friday Of last week.
when dealings were suspended for the
three days holiday which followed Gains
and losses are mixed. Prices have not
been very far from the level of a week
ago at any time. but the light selling OF
the early part Of the week was followed
by equally light covering of shorts yes
terday and today. thus practically Oblt-
Grating the weeks changes. The market
is entirely unaffected by news
The bank statement did not reflect an
OF the expected gain in cash. and the
loan contraction was not as large as eG-
pected. But Wall street has been drawing
pntaVOrable differences rather than 9TH
erWtse from the accumulation of idle
bank reserves. so that the motive for
the days stagnatiOn can hardly be at
tributed TO this cause. The closing was
virtually inactive. Total sales Of bonds,
par value S545.000.
The average level Of the stock market
mas been practically imm0vable this
week. the three DAYS holiday interval
developing nothing to lift il out of the
rut into which IL has fallen There were
sCme exceptions among a number of low
grade nOn-dividend paying stocks. and, at
the other extreme, some of the high
grade investment stocks. The usually
active stocks. of which the floating sup
ply in the market is large and whose
movements usually reflect the current of
speculative sentiment have laid almost
dormant
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-06-05

heavy. 475d4 S.. rough heavy. z60a4 IS:
light a55r4.I5, bulk or sales A650l15
sheep Receipts 3ol9i market steady
lambs, STEADY. Mixed TO choice Watners.
5,Z5g65ei fair to choice mixed. 3l5llt-00.
western sheep. 45eQ6-53, uaIiFe lambs, 500
1850 western lambs. 5-5006-65.
Kansas City. June s-CattIe-Receipt
ls5G6s unchanged Native steers. 450Ga-05;
COWS and heifers. 2-5005.557 stockers aud
feeders 5.z1If.iu. western fcQ steers. 40
600; western COWS, 2.590610
Hogs-kecetpts 500. cents higher.
Bulk Of sales 445Q465; heavy. 4e3Q4 10;
A55.
No sheep
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-06-05
rruEsrocK MARKETS.

Chicago. June 4--Cattle-Receipt 800:
market nominal Good to prime steers,
5.00d625. poor TO medium, 4.500559; stock
ers and feeders, 5-25Q4.f5; cows, l,t5d4 90
heifeTs. 2Z5aAT5; Gamers. ll5Q--i5; bulls,
= 250A59- calves, 2-5olt5-50-
H0gs-ReCeiDts today 1000; Monday;
5000 market steady to strong Mixed
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-06-05
DIGNowITY IN MEXICO.
Salt Laker Examining Mines in
Snnfhern RenuhIic-

A letter from C.. i. DignOwity 10 a
friend i'm this city tells of his arrival
iu the City of Mexico "a few days ago
with his family Leaving his folks there.
Adr. DiguOWUy viii go into some of the
mining camps and make an inspection
of properties TO which his attention was
recently called ami leave for Boston ami
Philadelphia again about the middle of
the present month.
Mr.. DiguOWty comments on the changes
which have taken place in the Mexican
capital since he was there in 1532 he
also tells of the favor In which Meyican
mining is held by American investors
and attributes IT to the fact that down
there apex questions and labor union
troubles are unknown.
He does not consider that Mexico has
amy the best Of the western states of
this country when it comes to meTi-
tOriOus mines but he does where the
advantages come in respecting the risks
taken on litigation, strikes and tie-ups.
soon after his return to the east he eX-
poets TO come out here again.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-06-05
PRODUCTION OF WEEK.
Holiday Results In Record-slight
Falling on in Showing.

Ore and bullion settlements I'm the local
market during the past week and the
shipments from the copper plants all
holiday Monday AS reported by McC0r-
nick q Coz producers doing business
through The custom plants pulled down
a total or sil5.al0. yesterday S proportion
70 yer, lead gold ana copper ores $50 COOS
base bullion. SaZ51J- gold bars 5000
The valley copper smelteTs were oper-
sted at capacity during Che week and
the total amount of bullion forwarded TO
the eastern refiuPries was few thou
sand pounds less than during Che previous
week. OWiuE principally 90 the fact that
Bingham loaded one car less The total
number or pounds shipped by each was
q follows.
Bingham ......-..... Observation-Disclosures. PA 16s
United States .--....-.....- .......... Za3. 8s
Utah Consolidated ...---.... ......... .854. 7l9
Total -.---.--.-.. .. ... SD 215
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-06-05
BUrTERFIELD MILL.
Old Plant at Bingham to Go Into
Commission Again.

Manager LaVaEuiuo OF the ButteTfield
mines Is actively continuing the develop
ment work which he began nearly a. year
ago. SAYS the Bingham Bulletin. soon
after operations began iu the Eagle Bird
vein al Queen tunnel level, a large cham
her of excellent shipping and milling ore
was cut into. the product from which
promises 10 be many thousands of tons.
Nearly 81 600 tons are now on the dump
from development work
The concentrator at the mouth OF the
Queen tunnel. uUW undergoing radical
changes. win be ready 90 start up in July
with daily capacity of fifty tons ON a
Butterfield ores. Formerly a. stamp milL
rolls. new ligs and other machinery are
now being added and while the capacity
viii not be- greatly increased. there is mo-
question but that "a large percentage Of
values that was formerly lost VIII now be
sawed The prospect IS good that large
tonnage of crude ore and cOlcentra tes
win be trundled ont OF Butterfieid canyon
this fall.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-06-05
CHLORIDE POINT ORE.
Shipment Sold on Controls Showing
Nearly. 200 Ounces Silver.

AaE1a4h ~ GlL4ANe1 81 EAa
Lsassees 81 Claire slud-ClarE are ap-
parently making good money through
the operation of the old Chloride Point
property. on Lion hiU between Mercur
and Ophlr With the assistance of "A
handful of men an average Of a car
load of ore per month is being mar
keted and the ear settled for yesterday
indicates that values are on the in
crease,
The consignment amounted 70 little
more than twenty-five tons and sold on
controls showing 1888 ounces silver, 80
i0t brought S2l9476, or SgS per ton, i'm
round figures
The old property is owned jointly by
the Commercial National bank and Hal
w Brown and their royalties are be-
ginning To amount 10 something. The
ores of the property have always been
considered high grade but it is a long
time since the mine produced better rock
than that contained i'm the last ship
meut.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-06-05
Acuta Rheumatism.

Deep tearing or wrenching pains. oc-
CasiOned by getting wet through,
worse when at rest. or on first moving
the limbs and ia cold or damp weather,
is cured quickly by BILLIARDS. snow Lin
iment Oscar Oles0n. Gibson City. H..
writes. Feb is. 1902. "a year ago I
was troubled with a pain i'm my back.
1t soon got SD bad [ could not bend
over. One bottle OF Billiards. Snow Lin
iment cured me- Z5c SOC Sl00 Sold
By 4. q. 81 i. drug department
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-06-05
80 QUINCY -.
Manager Expects 20 Resume Opera
ton About June Is.

The latest word from e. ID Is. Turner.
president and general manager OF the
West Quincy company. who has been ln
Scotland and the east financing be corr
pOration. indicates hls return during the
next ten DAYS.
Tt IS shi 10 be- his iufentiau % reach
here SD time 90 gat WaTk started again
about the 18th Of the month. The snow
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-06-05
~ q 1Iinine 80.
GRAIN AND PROVISIONS.

Chicago, June 4-Infuenced by heavy
realizing sales ali grain was weak here
today, notwithstanding severe transforms
in various sections Of the country July
wheat closed with a loss Of ] cent. Corn
is down 1L0lasc. Oats are off 5sc. Pro-
visions. 3 to 12lac.
For few moments at the start the
wheat market showed signs of consider
able strength initial sales i'm July being
3 10 sse up az 65ltn8S34c. The causes OF
the opening firmness were higher cables
and continued rains west and southwest
where severe damage by floods was con-
Sidered imminent Many traders. how
ever were disposed TO take profits on
the advance, apparently not wishing 70
hold lines over Sunday. After the first
five minutes of trading the selling press
ure became so decided that the market
broke sharply, july selling down 70 Ssa4-
For some time the market held steady
around this figure. The steadIer tone re-
suited mainly from covering by shorts
who were aCtuated by smaller receipts IN
the northwest Later I'm the day a fresh
selling fever seized traders, and on re-
n6Wed liquidation prices declined srH fur
Their, July dropping 20 SSls where Is closed
a a net loss of 1c. Primary receipts were
Z0z.30O bushels. against Z25,3.0 bushels last
year, Clearauces of wheat and flour
were equal to 1114G0 bushels Minueapo-
lis, Duluth and Chicago reported l48 ears,
against 10 last year
Fear for the f1ture corn crop 50 tar as
the effect on the corn OF heavy rains IS
concerned seemed to have largely abateo
today and there vas no lack Of offerings
a the opening. The close showed a slight
rally to 4954 ass IfUlfsc under yester-
days final figure. Local receipts were
more liberal than anticipated 5e3 ears s.
grading contract and this fact contrib
uted 20 the weaker tone.
n oats. as an Erledt- and corr. profit
taking was the dominant disposition The
close showed a loss In July of IS az 1894
d597s a shade above the bottom and "a
recession from 40lEU403s at the opening.
Local receipts were l11 cars.
Trade in prOVisions was only moderate
and the feeling was easier. Free offer
ings and a limited demand ueutralized
the effect of an Improved hog situation,
and the market followed the tendency of
grains. September pork closed 1Z1zc low
er al ID. Is; September lard showed q loss
of IA at 657; September ribs were down
sc at SIS.
The leading futures ranged as follows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-06-05
Butter and Eggs.

New York. June -Buttcr-steady;
creamery. common to extra l40loa4ci
state dairy common to extra, l84llt2c-
Eggs-Firmers western extra, lolz313ci
firstss li1zQlSc.
chance TODAY the butter market was
firm Creamery, 1SlsQlT4c: dairies. u
Gl6c.
14&4 0lJlac-
Cheese-Easy; SQ9c-
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-06-05
80 II Taligman.

A telegram from Manager g. p. Rives
of the Pioche-Nevada Consolidated to r.
W. Brady, secretary OF the company,
states that a rich strike has been made
In The I-LIemau claim
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-06-05
Open Board

20 Grand Centra at sfso.
100 Butler-LfbeFaI at 13e.
500 New York at 4sC.
] e01 New York at $40.
GOO Tetro at 31i4c.
100 TetTo at Sic
100 Uncle sam at 15i4c.
20o0 Victor at 20.
Shares sold. 1889
Selling value, Sl,T9SS.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-06-05
Metal Market.

New york. June 1.-The limited move
nenf i'm metals today developed no new
features. Copper quiet and easy lake,
10 S7ls. eIectrOlytic l26llaul-Sl.-, casting.
Tin- dun. spot. g1l2ls G27.87lz
Spelter. easy, spot, 4SI1s45-0l
Lead 4.3564.4 80.
Iron, unchanged, warrants S.i-.1-
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-06-05
Yestardauls sales

Consolidated befcur 500Nc 5l0N23c.
Sacramento 1,0990ls1zei 5eoai3so5 5e99
1Sc. 1.009lglassc-
Yankee Consolidated 5a3c seller Is
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1904-06-05
Utah Stocks in Boston.
Special to The Herald.)
Boston. Mass. June 1.-The market con-
inues featureless and extremely dull.
Metal Market.
Mining Notes.

Silver 55c ger ounce.
Copper fcastiugl. l2lsc per pound.
Lead. 350 uer 100 pounds.