davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
LOWER MAMMOTH
IS ASSESSED
Failing to Make Strike in East Els
sure, Management Has to
Call for Funds.
U. COPPER MANAGER BACK
SAYS WORK AT PROPERTIES
WILL NOW BE PUSHED.

The unexpected happened yesterday aft
ern0on when the directors of the Lower
Mammoth company met and levied an
assessment Of cents a share on the cap
ital stock Of the corporation The assess
ment will be delinquent on March -,
while the sale day has been fixed for
April 8.
Ever since the first of the year it has
simply been a question with the manage
ment of getting ore in the east fissure on
the J, 50O-foOt level within a reasonable
time or calling on the shareholders TO help
meet the obligations of the company. a
few days ago IT was decided to prospect
the ground in the east croSs-cut, where
the big cave was encountered and some
naturalization was in evidence. AS the
drift had been extended to a point close
TO where the east fissure, had its dip held
true from the ], 100 level, ought to have
been encountered without result, it was
thought possible that il might have made
connection with the cave Prospecting
has been going on in the cave country
and the management has been holding
off, hoping against hope, that something
would happen to make the levy unneces-
sary- Nothing has developed so far and,
as the bank which holds the company s
note for $1,000 wants TO see some money
1t was impossible to hold off any longer.
1t is still believed that before long the
east fissure will be tapped and that good
ore viii be encountered The superinten-
dent Of the mine declares that he has
never yet been fooled in that ground and
he is just as Sanguine as can be that it
Is simply a matter Of time till he will
make a substantial strike in the east
ground.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17

down over 200 feet in the ledge that runs
from four TO five feet wide, the ore from
which carries from 20 to IS per cent lead
and from 10 to 80 ounces silver per ton,
in addition TO copper values that VIII
easily average 10 per cent
Mr.. Kennedy and his associates are
now arranging for the handling OF the
mines output and, just as soon as the
rainy season is over, shipments TO the
Salt Lake smelters over the San Pc
drO, with LeeStock as the loading point,
will begin Mr.. Kennedy tried every way
in the world to arrange for the ship
ment of his ore over the Santa Fe on its
Ivanpah branch, but he could not get
the company to agree to transfer to the
Salt Lake route.
Mr.. Kennedy believes the Good Springs
region has a brilliant future before it,
but he is not over Sanguine that the
proposed new smelter for Good Springs
will prove a complete success. Not that
there is a lack of ore, for he believes
there are four or five properties down
there which can now supply from twenty
five to fifty tons of ore per day. There
is also plenty of fluxilg ores, but Wheth-
er coke can be taken in at a rate that
viii make the business mutually profit
able between producer and smelter, he
is a little skeptical. He rather inclines
to TIE opinion that the smelter would
do better to locate on the railroad and
let the ore be hauled out from the mines
rather than have fuel hauled in to the
smelling works.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
OFF FOR THE NORTHWEST.
George n. Robinson of the Yampa
Leaving for Britannia Bonanza.

His business at this point for the time
being concluded George H Robinson,
managing director of the Tintic company
and general manager of the Brittania
Copper cOmpanyS mines. mill and smell
ter IN the Howe Sound country. British
Columbia, will leave for the northwest
tonight.
With the progress being made in the
enlargement of the Yampa smeIter al
Bingham, Mr.. Robinson yesterday ex-
pressed himself as being well pleased He
figures that the warming up of the new
furnaces will begin shortly and by the
first of April. ali going well, the entire
plant should be running full blast and
handling from 600 to 200 tons of ore per
day.
Asked whether there was a likelihood
of the Yampa mines and snelters being
absorbed by some of the big combinations
now forming, Mr. Robinson said he was
told before leaving New York that the
property was already as good as gone.
But no money has yet appeared" said
he, and there will be nothing doing so
FAR as the YamDa is concerned. without
a glimpse at the cash and lots of 1t. No;
there IS no deal on for the Yampa. so
lar as l know, up to the present time
Mr.. Robinson had no idea that anv of
the present combinations had any designs
on the Brittania COmpany's properties-
He thought they were too far away to
be counted with any of the propositions
spoken of as being headed for the com
blne now in process Of formation Re
ports from the properties indicate that
everything is running smoothly at the
Brittania properties, but as he has now
been absent for some time he is anxious
to get on the ground again.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
GRAIN AND PROVISIONS.

Chicago, Feb. 16.-The wheat market
was weak throughout the day From the
start there was free selling by pit trad
the day several lines of long wheat were
thrown on the market The chief selling
incentive was g report from Argentine
that the exports from that country for
the week were 36OS,0O bushels, compared
with 2,392, 600 bushels the previous week
1t was reported also that arrivals at the
seaboard are on the increase Other bear
ish news was a break of Id a bushel in
the price Of wheat at Liverpool and an
estimate that the expOrtable surplus from
India is SO, 100000 bushels against ali aver
age Of q. COO, 600 bushels for the last five
years. The cash market of St. Louis was
reported weak and two prominent trade
papers asserted that little damage had
been done to fall sown wheat Against
this strong array of bearish news the only
comfort for the bulls was in some re-
ports of small damage to the crop In Ne
brdska, but these had little effect After
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
OPENING UP THE ORE.
Carbonate Hill Will Soon Be Produc
ina Heavily,

M A Ddugherty, manager of the Car
Donate Hill cOmpany's properties in We
Der canyon, came down from camp yester-
day on one of his periodical business trims
He states that the raise which is being
made to connect the lower tunnel with
the upper workings of the mine has been
advanced SiXty-five out of the lG9 feet
At point fifty feet above the lower TIM
mel a big body of sand carbonate ore was
encountered, as expected. and that the
connection proves the continuity Of the
ShOot from there to the upper workings
where II mas been prOspected for a dis
lance OF goo feet As soon as the raise is
through Manager Daugherty will begin
the marketing Of ore on an extensive
scale.
To facilitate the shipment of ore re-
Ceiving. or loading, bins are now being
constructed at a point in the Weber can
yOn known as Strawberry switch about
three miles from Petersen and that dis
lance nearer the mine
Another important bit of news brought
down by Mr. Daugherty concerned the de-
NeIOpment that IS being done below the
lower tunnel level in the mine Here he
states, copper has begun to assert its
presence and he is not sure but what
underlying the lead deposits of the dis
tr1ct similar conditions to those prevail
ing in Bingham viii be found Enough
work has not Yet been done to say lust
now the red metal will show, but ii is
significant that it is appearing at all.
In an adjoining property, where q tun-
mel IS being run TO get the same forma-
uor that has been made the ore in the
carbonate Hill property Mr.. Daugherty
says the blue lime has been penetrated
and the iron formation has been reached
He thinks the chances for the ground
proving up well are excellent
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
Metal NJ arketS.

New York, Feb 16.-There was a severe
break in the London tin market with spot
closing at G164 los and futures at G163.
Locally the market was weak in conSe-
uuence and closed at So. O0G362 20 for spot
Copper on the contrary was higher in
London, closing at SIS for spot and SO
los for futures. Locally the market was
reported unchanged Lake and electricity
tic are quoted at 1775Q1S50, and casting
at 17.5gG17. 621z.
Lead was Is cd higher at G15 lis cd in
London. Locally no change was reported
with spot quoted at 5-S5q5-45.
SDelter declined Sd to &25 lis in Lon
don. but remained unchanged at 6.050p6.15
in the local market
Iron closed at Ass Cd for standard foun-
dry and at 49s for Cleveland warrants in
the English market, with locally northern
grades steadies. No. 1 foundry northern
is quoted at 1S50019. %; No. = foundry
northern, 1SO071S.S5; No. 1 foundry south
ern, 1S-25G1S75 and No. 2 foundry south
ern at 1715G11S ..
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
MINING STOCK EXCHANGE.
Trading Is Rather Light, but Prices
Hold Stronq.

While the amount of business done on
change yesterday was not particularly
heavy, the prices were firm, with adj
vances being here and there scored. Du-
ring the day a total Of BAIT shares of
stock, with a selling value of SIS, 212. 81,
changed hands.
Consolidated Mercur moved up to CSC,
Daily reached S120 and Grand Central
brought S335. Carisa was firm and Star
Consolidated showed Improvement at 14c
to 141ac- Columbus Consolidated indulgod
in the usual fluctuations and closed at
S4.S5. Ohio Copper was sold back to 81 Is
and Yankee looked better at 3@1zc.
Following is the list of final quota
tons and record of sales made during
the two regular and open board calls:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
Mining Notes.

A J. BEETLES of the Newhouse staff is
confined TO his home with a severe cold.
Three carloads of ore from Nevada, two
from Bingham, one from Stockton and
one from Alta were reported at the Pho
neer sampler yesterday.
Peter Porter, manager Of the Monte
yuma, at Bingham, went out to camp
yesterday to see how work was pro-
crossing in the shaft.
President Samuel Mcintyre of the
Mammoth company. returned from a sew
eraI days trip to his ranch at Halleck,
New, yesterday morning
Three cars of ore from Tintic, three
from Nevada and two from Bingham
were released from the Taylor & Brunton
sampler yesterday morning.
During the next few days the Sacra-
mento Gold Mining company will make
a shipment of twenty tons of quicksilver
and add about $4,000 to the treasury.
De Lamar Lode: The Bamberger-De La
mar company is getting ready to start
its new cyaniding plant, which is a model
of its kind and reflects much credit on
the local management. as most of the
devices are original and planned by the
local talent to DO practical and economi-
cal service on a large scale.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
MANAGER JACKLING RETURNS.
Says Utah Copper Plans Have Been
Decided-LiveIy Work Now.

d. c. lacking. general manager Of the
Utah Copper company, returned from
his several weeks eastern trip last even
ing and was down to work within thirty
minutes after the arrival of the train.
w hen seen at the cOmDdnyS offices, Mr..
lacking stated that he had absolutely
nothing to say concerning the correspond
ence that had passed between the presi-
dent and former vice president of the
company, Colonel E A. Wall.
= can say that the company has pretty
well determined upon what shall be
done, said Mr.. lacking, and the task
OF putting the plans into execution will
now be carried forward as rapidly as pos
slbIe, all with a view of enhancing the
best interests of the shareholders. That
Is about ali l care 10 say at this time"
Regarding the great mergers that are
being formed and the big deals that are
being manipulated, Mr. lacking pleaded
that there was nothing which he could
add to what has already appeared in
print That one or more mammoth copper
combines would result from the maneu-
ver1ng now going on he had not the
slightest doubt but what the ultimate
results would be he prOfessed not to
know
The directors of the Garfield town in
corporation have been awaiting the arri-
val Of Mr. lacking and the presumption
and plan the work that is TO be carried
on there during he present year. 1t is
unofnclally stated that not less than 800
handsome cottages, dwellings,, business
blocks, etc, VIII be erected during the
present year and the statement is also
made that contracts for the first fifty
buildings viii be awarded at the earliest
possible moment. It is said, also, that
the designs which have already been pre-
pared call for a series Of handsome struc-
lures and that when the town is finally
built it will be one of the handsonnest
little cities in the state.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
Financial and Commercial

in copper stocks before long. Two mes
sages received read as follows:
"All indications and reports point to
firmer metal market than for some time
and We believe on further breaks of a
point or two, the dividend paying copper
stocks as well as promising developed
properties will be good purchases.
The United Metal Selling company and
phelps Dodge & Co. interests have no
copper for sale under 1S15 cents for
March, April and May delivery. They
nave comparatively little copper for sale
for delivery in these months at any price.
The legitimate quotations for copper for
delivery to next three months are 1S5k0
by some OF the trade publications"
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
DOMINION COPPER OFFICIAL.
President Warner Miller Here In
speetinq New Shelter.

Senator Warner Miller OF New York.
president of the Dominion Copper com
pany, reached the city Thursday night
Yesterday morning he was in conference
with Managing Director Samuel New
house and Consulting Engineer NJ NJ
Johnson on Dominion matters.
Yesterday afternoon Senator Miller nj
1oted by Engineer johnson, inspected the
new smelling works Of the American com
pany at Garfield, and today he viii visit
and inspect the mines Of the Boston Con-
solidated company at Bingham and leave
for the east again tonight, his time being
too limited for him TO remain Longer
though there is much that the visitor
would Ike to see before pulling out from
this much-taIked-of region
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
CON. JEFFERSON CHANGES.
New President and Manager Named
by the Directors.

Following the animated meeting of the
stockholders of the Consolidated Jeffer-
son Mining company Thursday afternoon
at which the proposition to borrow $685.
coo was turned down, the directors got
together yesterday and made some
changes in the official household.
A w Nieman Of Omaha was made
president and general manager of the
properties. and Nicholas Schmidtroth.
who had managed the mines for several
years past, was deposed
The directors and officers of the COM
pany Will inspect the property today and
during their visit plan of CAMPAIGN
for the future will be decided upon The
property is considered to be valuable and
the management expects to make it come
to the front in no uncertain manner du-
ring the present season.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
IN LINE FOR PROMOTION.

Paris, Feb. 16.-Antonin Dubost, first
vice president of the senate, was today
elected president of the senate, sue
ceeding NJ. Falleries, the president
elect of the republic.
This is considered important, since
the precedent of NJ. Loubet and NJ. Fall
Ierfes, both former presidents of the
senate, succeeding to the presidency of
the republic.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
Money. Silver, Etc.

New York. Feb. 16.-Close: Money on
call. firm, sos per cent; ruling rate, 4zI;
closing bid and offered, per cent; time
loans, firmer. sixty and ninety days and
six months, 512 per cent
Prime mercantile paper. 5G5A per cent.
Sterling exchange weak with actual
business in bankers bills at 4S6l514.6 o4J
for demand and at 4.SZ75d4 $50 for sixty
day bills; posted rates, 4S31Zd4S4 and 4-Sl
"a S715; commercial bills, 4.S212-
Ba~ silver, 6612-
Mexican dollars, 5112-
Government bonds, steady; railroad
bonds weak
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
Open Board.

Beck Tunnel, 5O0d521kc.
Carisa. 1.5O0d29c.
Columbus Con, 4OOds4S0; 1OOds4.15; 200q
S475; IOOGS4 76; 1OOGs4s4
Copper Glance. 1.0O0q5c-
May Day, 2,0OOd16c; 2.O00d16c, seller 60
Ohio Copper, 3G0dS1S5.
Star Con, 500G1412c-
Thompson. 2OOOd14c-
Shares sold. 21.T7.
Selling value, SO, 1851.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
San Francisco Mining Stocks.
Utah Stocks in Boston.

James A Pollock & Co. bankers and
brokers. yesterday received over their
private wire from Paine, Weber & Co
enc Of their Boston correspondents the
record of sales Of Utah stocks on the
Boston market, with range and closing
quotations:
Boston, Feb. 16--The probability of a
poor bank statement tomorrow and con-
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17

opening 1sG54 to as11z lower, S414dE4IJ
the May option held comparatively steady
until later IN the day. when the price
broke sharply to S3Jz. The market closed
at almost the lowest point of the dav. The
final quotation on May was SSss. down la
rs cent. " -
Because of persistent selling nv COM
MISSION houses and cash interests the corn
market was weak Lower cables. liberal
local receipts a slack demand for CASH
corn and faborable weather for move
ment OF the crop all combined to Induce
sehing. The principal demand came from
shorts. The market closed weak. with
ETlces almost the lowest point of the dav.
May opened 1sG1z lower at $685., sold
OIL 10 "a and closed Is off, at 427s
me break in wheat and corn caused
liberal prOfit-taking in oats, which re-
suited in a considerable decline in prices.
Selling was mostly by local holders.
shorts were the best buyers. Some recov-
cry took place late in the day. but the
close was easy. May opened unchanged
70 Is lower, at &2zd291s, sold of to $40
- z and closed Il off at 9ss
Local receipts were 10S cars.
PROVISIONS opened weak and closed
firm with the exception of lard. which
showed slight loss. Unexpectedly heavy-
receipts OF live hogs caused q decline OF
~ cents in the price at the stOckyards
and resulted in considerable selling OF pro-
visions On the decline shorts covered
freely, which caused a firmer feeling At
the close MAY pork was up 10GI~212 cents
at 15.521zd15.55 Lard was off 21s at 49,
KIDS were cents higher at $50.
The leading futures ranged as follows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
TINTIC ORE SHIPMENTS.
Bad Roads CurtaiI Weeks Mine Out.
put Little.
Especial to The Herald.l

Eureka, Feb. 16-During the week end
ing last night 179 carloads of ore were
shipped from the mines of the Tintic dis
trict. The total is considerably short of
what it would have been because of the
bad condition of the roads. The warmer
weather Of the last few DAYS has made
teaming pretty hard. Following is the
list of shippers and the number of car
loads sent out by each:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17

tinued heavy liquidation in the copper
stocks, caused lower prices all through
the list today. The rallies were very
feeble and the close was at practically
the lowest of the day North Butte
seemed one Of the strongest stocks in
Boston, with Amalgamated one OF the
weakest The balance of the list found
little support, and gradually sagged under
few selling orders Quotations:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
Coffee and SUGAR.

New York. Feb. 16.-COffee-Spot Rio
steady; mild, steady. Coffee futures
closed steady with net advance of . to
10 points Total sales, 1900 bags. in
Guiding March at SIS, May, 6.9066 %;
July, 40; September, 80; December, 7.50;
January, 755.
SUgar-Raw nominal: fair refining, Us.
centrifugal, Sc test. 11-32d3%s; mOlasses
sugar, rs. Refined quiet.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
FROM GOOD SPRINGS REGION.
J. M. Kennedy Tells of Operations at
the Bullion Mine.

James NJ Kennedy. the veteran min
ing man who has pinned his faith to
the Good Springs region of southern Ne
Vada. came up from the south yester-
day. Mr.. Kennedy, Judge John A Street
and others are devOting their engeries
TO the making of a big mine OF the Bull
lion property. about thirty-twO miles
south and little west Of Good Springs
just over the state line in San Bernar-
dino county, California.
4 shaft is being sunk that Is now
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
Treasury Statement.

Washington, Feb. 16.-TOday's statement
of the treasury balances in the general
fund shows: Available bash balances.
S147 613 643; gold coin and bullion, $l4,JO6,6l0;
gold certificates, S43, 760, $50.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
HocH'S CASE REFERRED.

Chicago, Feb. ia special to the
Daily News says Governor Deneen has
referred to the state board of pardons
the petition of Johann Hoch for a
communication of sentence. If the SEN
tence of the court is carried out Hoch
will be hanged Feb. %.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
Metal Markets.

Silver, 6612c per ounce
Copper (casting), 172sc per pound
Lead, $3.50 per 100 pounds.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17

Columbus, o., Feb. 16.-Mayor Bad
ger today issued an order to the chief
OF police to order his men to close all
the saloons in Columbus next Sunday.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
CALIFORNIA RATEs-ToDAY.

colonist rate of $500 to San Fran
cisco, Los Angeles and intermediate
points via the Salt Lake Route Il
West End South. Phones 1886.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
Ore and Bullion.

Ore and bullion settlements in this city
yesterday, as reported by Mccormick &
Co, amounted to $50, 800, as follows: Sill
yer, lead. gold and copper ores, S34, 800;
base bullion, S3S. 100; gold bars, 5000.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
NEVADA STOCKS
Forenoon Sales.

Con Mercur. 5Odd65c-
DAILY, 100G$120.
Carisa, SOGd2SIkc: 2,O0d2SAc; 2,OOOd2s%c
3, OOOQ29c; 5OOd295sc.
Grand Central, 1O0dS3.30.
Star Con, 509d14c; 500G141zc; 10oQ145zci
!, OO0d142zc; 5O0d142sc.
ButIer-Liberal. 37d14c.
Yankee, 100G30Izc.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
Pacific Coast Grain.

San Francisco, Feb. 16.-Wheat-Easier:
May, 80; December, L2Sk
Barley-Easier; May, L1S1z; December,
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
DANCE EXCURSION

February II. $1.0o American Fork and
return. Special train leaves via Salt
Lake route, 1880 p. m.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17

Dance under auspices of the ST.
PauPs guild at Ladies' Literary club,
Feb. 18th. Admission so
cents. including refreshments. Patrons
and friends OF the organization invited
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
COPPER is SCARCE.
Boston Believes That Higher Prices
for Metal Are Due.

Boston wires to James A Pollock &,
Co. during the day indicate higher price
for the red metal and healthy reaction
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
Tonopah- GoIdfield Stocks.

James A. Pollock & Co. furnish the
following as the closing quotations on
the San Francisco exchange yesterday
over their D Ivate wire:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
o. J. SHARP COAL co.

Telephones 719. 70 Main street. New
stock of Crested Butte anthracite: all
sizes.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-02-17
Our Spring Hats

VIII be on sale Saturday, February II.
We will show you the new lines in
attractive and exclusive shapes, both
in $500 and $500 qualities.
co. Tel. 1893. 166 Main street. Sole
agents Dunlap hats.