davidaulloa/AmericanStories huggingface dataset:
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04
OUTLOOK FOR
UTAH BUSINESS.
Sale Of Salt Lake Municipal
Bonds at Big Premium an
Indication.
ALARM OVER The DRY SPELL.
The Movement Of the Commercial Club
For the Extension of Salt Lake
Trade lato Nevada.

Concerning local business conditions,
II may be said that they are neither
brisk nor slow. The present Is o sort
of midway period, that is half way be-
tween winter and summer with no
great demand In any lines Of business,
for either winter or summer goods The
favorable weather has made it possible
for much out door work to be done at
n time when winter SHOWS and frosts
usually make 1t impossible or incon-
venient to perform many kinds OF labor
A very satisfactory indication is the
continuance of the heavy bank clear
ings and the fact that there Is plenty
OF money to be had from the banks on
gilt edged security The ready sale Of
the issue of Sl000,000 municipal per
cent, 20-year bonds at a large premium
early IN the week, may be accepted as
an indication OF the general business
conditions Of the city and state. The
laboring classes are particularly elatet
over the sale, and business men regard
Il with satisfaction as the transaction
necessarily means the employment Of
large number of men, and the distrl-
button OF much money, while the great
improvement of providing "A larger wa
ter supply, and while making an extern
sion OF the sewerage system In tho
southwestern part of the city, is going
on.
The one thing that troubles the
thoughtful men of the community most
at the present time perhaps, is the un-
promising outlook for field and orchard
products,' The lack of precipitation and
the meagerness of the snow deposit In
the mountains have occasioned "A fear
that amounts, In some quarters, to al
most alarm that there will be dis
astrous drouth during the crop growing
season. Sheep and cattlemen, too, are
In the unelated column and are specu-
latlng much as to the possibilities of the
future.
A subject that local business men,
I'm the iobbing line particularly, are
giving attention to just now, is the
proposition which was taken up durlne
the week by the Commercial club to
make OF Goldneld and other contiguous
Nevada mining districts a market for
Salt Lake products. II IL argued that
a big business field, hitherto unoccu-
pied by Utah business men, may here
be invaded with profit to all concerned.
To what extent this will prove true re-
mains to be seem
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04

significance OF the little carriers and
their mission says Charles 7, Harte in
the Bingham Bulletin. Each one OF
those buckets carries rs pounds of ore,
Every time a bucket passes down, 80
pounds are added 10 the worlds stock
Of copper Every 30 seconds, for p
hours of the "a, a bucket Of ore reaches
its destination at the depot. Some Of the
buckets contain an much as 81 worth
OF copper, gold and silver, others less.
Every day 800 tons OF ore are starte 4
on their Journey TO the smelteIt and
every day a profit of $500 Is derived
from this unceasing flow OF ore, ac-
cordlng to intelligent estimates on pres
ent operations.
There is sufficient ore now blocked
out and ready for extraction TO main
tain this enormous output for four
years The ore Is being developed more
rapidly than II Is extracted, the re-
serve bodies are OF increasing magni-
tude and the great ore channels have
not yet been encroached upon to any
appreciable extent
A representative OF the Bulletin who
this week visited the Highland Boy
was piloted through the workings by
Supt T.. l.. williams. who explained
fully the underground conditions. About
800 men are now employed on mine
and tramway and the extraction Is
about 1926 tons This ore comes chiefly
from above the hfth level. the great
bodies below that level being practic-
aly untouched Some immense chan
nels have been opened on these lover
levels, ore body No. l. In places 200
feet wide by $50 feet long, extends
down from the fourth to the eighth
level, with every reason to believe that
II continues on its downward course.
Much OF this ore runs as high as 70
per cent copper.
on the eight and one-half level tho
IN" ore body, lying to the north Of
channel No. |, has just been encoun,
tered. This connection was important.
but neither sensational nor unexpected.
as II was known that the ore would be
encountered at that time and place.
Last Monday the cross-cut had pene,
trated this ore body distance OF n
feet with no hanging wall In sight. In
dicating greater width on this level
than on the 500 As soon as this level 10
opened up sinking will be continued 10
the ninth. There Is no indication that
the ore bodies diminish. either I'm size
or richness. as depth Is attained and
developments demonstrate many. many
years Of production for this famous
mine
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04
CONCENTRATES.


Silver Is quoted lower again today.
A. +. Egan has returned from a trip
to st. Louis.
g. II, Robinson expects to leave for
Mexico tonight
The ore output OF Bingham aggre-
gates about 5000 tons daily.
The Fortuna mine Of Bingham has
two cars Of ore at the samplers today.
d. H. Peery expects to leave for an
extended trip TO San Francisco tomor-
row.
II is reported that custom mill IL
to be established at Good Springs,
Nevadn,
Broker Joe Oberndorfer writes from
Goldheld that he is well pleased with
that camp
Capt. j. II. Stallings and Edward
Me- rrin viii leave tonight for Good
Springs, Nevada.
Connections have been made between
the Honerlne drain tunnel and the old
Honenne shaft at Stockton.
The shipments OF Copper bullion from
the smelters during the week aggre-
gated close to 100000 pounds.
Fred II. Perkins, the well known
mining engineer, expects to leave for
Phoebe tonight on professional business
The Uncle Sam Consolidated report
ed at the samplers with two cars OF
crude ore and two cars OF concentrates.
It.is expected work viii be resumed
at the Wyoming mine IN American
Fork canyon about the middle OF the
present month.
The ore and bullion settlements re-
ported late yesterday were as follows:
Crude ore and concentrates, SCI 100;
base bullion $4,000
A report comes from Good Springs
to the effect that the old Keystone mine
and mill has passed to an English
syndicate for q consideration aggregate
Ing s33L50O.
G. IL Bradley, who has been given
Jurisdiction over the Allis-Chalmers
business In this state, will leave to-
return here soon.
The Ohio Copper company Is now
employing over 100 men and treating
200 tons OF ore daily at the mill
Should the negotiations for the sale
OF this property be contaminated, IL
win mean the erection Of another im-
mense reduction plant right In Blng-
ham--Blngham Bulletin.
The shipments Of copper from the
mines of this region during February
closely approXlmates $500 tons. The
latest estimates place the production
OF copper matte In the state at about
10000 pounds daily; and as this in
chdes both silver and gold the gem
eral value is seen to be largely In ex-
cess OF anything previously put out in
the mining history OF the state--Blng-
ham Bulletin,
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04
New Mill Of Stockton Gold Min
ing Company Turning Out
A Fine Product,
WATER SHORTAGE ABOUT ENDED
Sinking Main Working Shaft to One
thousand. Foot Point-A Good
Property.

The mill at the property OF the stock
ton old Mining and Milling company
nj stockton is doing some excellent
work During the past few days Man
nger J. j. Trenam marketed lot OF
concentrates on controls showing values
of b4.75 per cent lead, q ounces In silver
md 80 cents IN gold The plant is run
ming on about 80 tons a day and the
basis of concentration Is six tons into
one. only one shift is working, but
another will probably be put on dur
ing the coming week as the continued
spell Of warm weather has brought
the water shortage about to an end.
In the mine, said Manager Trenam
today, the campaign Of development
is progressing vigorously. The main
working shaft Is being sent to the deep
Hnd has been let down TO the depth
of $50 feet and win be carried on to
1000 feet. Another level will be estab-
lshed at $50 feet. The stockton Is n
good mine. II has taken several years
OF hard work to make It So but It has
now reached the stage Of development
when stockholders can begin to see
returns.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04

Raven Mining company which has en-
joyed certain rights on the reservation
for several years past The amend
D~nt reads
THAT the Raven Mining company
shall Within so days from the passage
of this act file for record In the Office
OF the recorder of deeds I'm the country
I'm which its claims are located,
proper certificate OF each location and
II shall also within the same time file
In the Office Of the secretary Of the In
terror IN the city OF Washington, said
description and map showing the oca-
lions made by It on the Uintah reser-
walton, Utah, under the act Of Congress
OF May o. 1902, (statutes at large vol
ume 49, page 263) and thereupon the
secretary OF the Interior shall forth
with cause said locations to be In
spected and report made and II found
TO contain the character of mineral TO
which said company Is entitled by the
act OF Congress aforesaid and that each
OF said claims does not exceed the size
OF regular mining claim, 10 wit, 6OOx
lj00 feet he shall issue patent In fee
to the Raven Mining company for each
OF said claims.
Provided further, that the Florence
Mining company entitled under the
1902 to the preferential right to locate
not 10 c~oeed $40 acres OF contiguous
mineral in the Uintah reservation,
Utah. d within so days from the
passage of this act file In the Office OF
the recorder Of deeds OF the county In
which It's location is made, a proper
description OF It's claim and It shall
within the same time Ale In the office
Of the secretary OF the interior said
description and map showing the To-
| cation made by II on the Uintah reser-
walton, Utah. and theTeupon the secre-
tary OF the interior shall forthwith
cause said location 10 be inspected and
report thereon made and II found not
to exceed $40 acres. he shall issue a
patent In fee to said company for the
| said land, and,
provided further, that the extern
sion OF time for opening the unallotted
lands to public entry herein granted
shall not extend the time to make To-
| cations to any person or company
| heretofore given a preferential right
| but the Raven Mining company and
| the Florence Mining company pending
| the time for opening to public entry
| the Uintah reservation, shall have the
right of ingress and egress to and from
| their respective properties over and
through said reservation"
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04
TRADE REPORTS
ARE CONFLICTING
Improvement in Business, as a
Whole, Has Followed Settled
Weather.
OUTLOOK REGARDED AS GOOD.
February Railway Earnings Were 81
Per Cent Smaller Than
Last Year

New York, March ar. c. Dun q Co.'S
weekly review Of trade tomorrow will say
TRADE reports are still somewhat con-
flicting but on the whole Improvement
has followed more settled weather and the
outlook Is con sidered favorable, even In
sections where current business is ir-
regular Collections are not as prompt at
the east as elsewhere Railway earnings
in February were only 81 per cent small
er than last year, despite the severe
weather at the start
Foreign commerce at this port for the
last week shows gain of h,il6Sl0 In
value Of merchandise imported, while ex-
ports reached $3.50 iA compared with the
same week last year Hides experienced
fractional declines, though the market Is
well maintained
Commercial failures this week IN the
United States are A5, against 80 last
week, 25s the preceding week and 23G the
corresponding week last year, Failures In
Canada number 30 against 80 last week,
~ the preceding week and q last year"
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04
Butler.Liberal Equipment.

During the month OF April the But
ler-Llberal Is to be equipped with "A
greatly enlarged plant, including hoist,
air compressor. boiler and other ma
chinery, Manager A. l.. Jacobs made
this announcement upon the occasion
OF his visit to the property last Tues
day and stated that with the instala-
ton OF this plant, development OF this
promising property would be prose-
cuted with redouhled vlgor, The air
compressor, for which Mr.. Jacobs plac-
ed an order last Monday, Will be of g.
horsepower and will be located at the
shaft instead OF down in the guloh, as
at present a 5O-horsepower hoist has
also been ordered, Its lifting capacity
Will be 1000 pounds, and II will be
equipped with cages. The contract calls
for the shipment Of this machinery by
Apurll bingham Bulletin.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04
WEEK ON THE EXCHANGE.
Trading Has Been DulI-Tintie stocks
The Most Active.

Inc MOST AetlFc.
Tlniic stocks were the most active
traders on the floor OF the Salt Lake
Stock and Mining Exchange this week
In this May-Day probably led, about
5000 shares changing hands, The mod
incation OF the contract with the smelt-
era IN which the May Day company
was granted very material conces-
slons. having the effect Of strengthen
ing the market Towards the close Of
the week, however, the demand slack
ened and the price lowered Uncle
Sam Consolidated found demand at
better prices. Developments at the
mine continue encouraging; I'm fact,
gratifying. The stock sold up TO IS
cents IA share. Ajax, which has report
ed with improved physical conditions,
was bought up To 20 cents when the
demand sackened which was followed
by lower offerings. Yankee Con. re-
corded transfers at 34AqS5A cents, A
few shares Of Columbus Consolidated
were brought out around 30 cents, Mon
day is delinquent sale lay, and some
OF the stock released was sold by the
holders for the purpose OF paying up
the recent 2O-cent levy on their hold
ings. The mill IS now In operation,
and concentrates will be coming to-
wards the samplers again next week,
which viii probably have the effect OF
stimulating the market prlce Of the
stock Little was done In Park city
stocks, the most active Of the lot be-
ing New York Bonanza, which has
closed weaker Tetro is higher.
Today's closing quotations and sales
were posted as follows:
TODAY's QUOTATIONS.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04
AMONG TINTIC MINRs.
ore Shipments Larger other Mining
News.

Special Correspondence.
Eureka, Utah March 3.-The ore
shipments from Tintic district have
increased considerably this week; l24
cars coming from the following prop
critics, with two carloads Of concen-
trates from the Uncle Sam mill:
Centennial Eureka, SO; Bullion Beck
b; Gemint 10; May Day, 6; Uncle Sam
Cons, a Yankee Cons. s; Godiva, l;
Eagle and Blue Bell, 8; Star Cons, 3
South Swansea, q Joe Bowers, l
Ajax, Carisa, 2 Grand Central, 4:
Mammoth, s.
The shaft at the Victoria mine IN
North Tintic Is now down to a depth
of l15 feet and sinking viii be CON
tlnued to the 400 foot level The show
ing at the property is all that can be
expected as depth Is attained and
Supt. X. =. Robertson feels sanguine
that he Will have a splendid property
In operation before many months.
The force at the Mckinley property
is making rapid progress In the de-
| velopment OF the mine. The tunnel Is
In distance OF 500 feet almost direct -
~ under the shaft, A depth OF over
| 300 feet has been attained and ndica-
| lions point the close proximity OF an
ore body, Two shifts are constantly
employed and any shot may open up
| the mineral deposits
The leasers at the Ajax mine are all
| doing well and the company is doing
considerable development work on its
| own accord
| Owing to a break I'm the compressor
az the Centennial Epreka mine this
| week, the machine drills have all been
| idle. Workmen expect to have repairs
made so that work can be resumed by
| next Tuesday.
| The Brooklyn property at Silver CITY
has been producing some good ore
lately which carries silver, gold, lead
! and copper Work Is being carried on
by the use Of within az a depth of POO
feet and over four feet Of ore is I'm the
! OPEN
Work at the Black Jack mine has
been suspended but II Is understood
| development work viii be resumed
shortly.
The dump at the Tesora mine is be
ing worked by Messrs. Charles BOYD
and William owens. who have nice
lot OF ore which they will soon place
on the market,
The old Joe Bowers mine Is show
ing up we'll Of late and force OF ten
men are now at work on the property
The proposed consolidation OF sew.
eral claims near the Eagle and Blue
Bell mine has been postponed until Mr.
| =. j, Donohue, who has the matter IN
charge, returns to Eureka.
-
GARDEN AND LAWN TOOLS.
Immense VarletY u @ NJ
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04
FAUST 4 CREAMERY
SSUPPLY COMPANY

company Of Logan was filed IN ,h.
rotary OF states office today Tb Soe sec
pany Is capitalized at S56 600 d,, I'm,
INTO shares OF the par y9h,e o oe Hed
eeach w. NJ. Smith is president IVY
smith, vice president; II. NJ g.. ,nM'
secretary and treasurer. ''''n'
The ogden Leasing & Mining ,ou,
pany, Of Ogden also filed a copS &c com 1l.
articles In the secretary OF stoito,.i us
nee. ITS capital stock Ia slo00o' o.
yided INTO shares OF the par yal5o az, u,
w each. w j, baltimore is presi de Oh
.: I. Rushmer Vice president
Nye, secretary and treasurer. " y
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04
MINING, BUSINESS AND STOCKS
T0N0PAH MINES
MAY CLOSE DOWN.

Tonopah, New, March 3-Un-
less large shipment Of fuel OIL,
delayed for weeks on sidetrack,
IS forwarded to Tonopah within
the next two days, the mines OF
this camp viii be compelled 20
close down ana 1000 men VIII b.
thrown out OF work The electric
light system, quartz mill and
water works will also be Grip
pied. Fuel oil Is practically the
only fuel used IN Tonopah. The
Carson & Colorado Railway re-
fuses TO forward the oil.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04
PHOENIX DEVELOPMENTS.
bingham Mine Is shipping About 30
Tons Daily,

Andrew Gebhardt OF the Phoenix
mine Of Bingham said today that the
mine was closed last night on account
Of bad air In the mine, but this difficult
~ will soon be overcome by the intro
duction Of proper deyices--wlthin a few
days.
Mr.. Gebhardt states that shipments
OF high grade galena ore are being
made-about 20 tons daily. A cave In
the workings last Monday exposed an
other chute Of ore which promises to
become an important one.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04
OLD TIFwAUKrE.
New Company Formed to Operate an old
Bingham Property.

The deal that has been pending for
some time for the purchase Of the old
Tiewaukee mining property at Bing-
ham has been completed and yesterday
afternoon the articles Of Incorporation
OF the Old Tiwaukee Mining company
were nled in the county clerks office.
The general place OF business is 40
Wall street. New York. Its capital
stock is 100000 divided into 10000
shares OF the par value of IS each.
Lewis A. Jens Is president, George u.
Durham vice president and Charles
f. Navin secretary.
All the incorpo1tors, excepting Mr..
Jeffs, are New York residents. The
deal was consummated through the
agency Of Mr. JETS
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04

Orson Rumel left for Garland today,
preparatory to assuming the duties OF
cashier OF the new national bank, which
viii open there next Monday morning,
A copy Of the articles OF incorpora-
ton OF the Smith Brothers Lumber
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04

REGULAR CALL SALES,
Carlsa 800 at 0h.
Ingot 1000 az 2.
Little Chief, 500 at 49,
Martha Washington, 1900 at S-l6.
Tetro, GOO at 81,
OPEN BOARD SALES.
Butler Liberal, 500 at 1874,
Century 100 at 10.
DAILY, 100 at 2.l5.
May Day 500 at 1915 800 ut 1879.
Star Con, J. 900 nj liia, 1000 at u,
Tetro, 800 VAT PA, buyer 90,
Uncle Sam 400 at 3iA.
Victoria, 100 at 1850.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04
BANK CLEARINGS.

New York, March 3-The following ia
BILE compiled by Bradstreets, shows the
bank cearngs at the principal cities for
the week ended March 3. with the per-
pared with the corresponding week last
Voars
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04
MUST FILE CERTIFICATES.
Government Desires TO Know More About
Raven Mining Compnny's Locations

In the provision for the opening OF
the Uintah reservation as Il passed the
United States senate is an important
amendment with reference to thu
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04
BOSTON MARKET.

Closing quotations today As 70.
ported by the Brokerage & Finance
Co, successors to Hudson Sons Co,
brokers. were:
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04
THE UTAH CONSOLIDATED.
Charles T. IIarte Tells what This tho
bingham Mine ls Doing.

Few people who observe the buckets
OF ore gliding noiselessly down Bing-
ham canyon over the cable OF the High
land Boy tramway realize the fun
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04
BANK STATEMENT,

New York, March i--The statement OF
averages OF the clearing house banks Of
this city for the weeks shows.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04
Nevada Stocks.


James A Pollock & Co. furnish the
following quotations today;
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04

A. s. CAMPBELL,
Stock Broker, PIG d. r. Walker Block
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04
cHlNAWARE AND SILVER.

We wllI pIease You. 2. G. NJ. L
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04
Eat Hazel.
Nut Butter
RAMnxRMMBKn-mxuu,u.n'..'.NA

y Ma kes You Eat
M ore Is r FAD.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04
BUSINESS NOTES.

The abundance OF money In the To-
cal market has caused a nrmness in the
commercial stock market, which has
resulted In somewhat higher prevailing
prices Nearly all stocks show advances
of material character In comparison
with the quotations of six months ago,
and Z per cent stocks are at n preml-
um, while 6 per cents are gradually In
creasing in value, The latest quota
tons are as follows:
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04

REHABILITATION.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04

ACKNOWLEDGEMENTS;
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1905-03-04
DID YOU WIN?

Here are the Numbers for
which a present is given this
Western liberal. (Lordsburg, N.M.) 1887-1919, 1905-05-12
me auaIity That Counts.

The great prizes Of life do not fall to
the most brilliant, to the cleverest, to
the shrewdest to the most long headed
or to the best educated, but to the most
level headed men, to the men OF sound
est judgment. When a man Is wanted
for a responsible position his shrewd-
ness Is not considered 50 Important as
his sound Judgment. Reliability ls
what IS wanted. Can a man stand
without being tripped, and, II he Is
thrown, can he land upon his feetf
Can he be depended upon, relied upon
under all circumstances, to do the right
thing, the sensible thing? Has the
man a level hcad2 Has he good horse
sense7 Is he liable to fly OF on a
tangent or to go or half cockedT' Is
he 'faddy3' Has he wheels In his
headT Does he lose his temper easily
or can he control himself? II he can
keep level head under all circum-
stances, II he cannot be thrown OF his
balance and is honest. he is the man
wanted.-Success.