davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-08-15
Tariff Committee MAKING PROGRESS.

The committee on the mine managers
association charged with negotiating with
the railroads for d modification of the
tarlff on Tintic ores held meeting yes
tefday afternoon. After the session Chair
man ii. 5. Joseph stated that good prog
ress was being made with the work in
hand. All of the operating companies had
supplied the data respecting tonnage, ETC.,
asked OF them. The figures had been
compiled and q statement embodying
them had been prepared for submission
TO the railroad arrangements. All of the
smelling companies had also complied
with the request for data on the same
subject and the figures from them, as
vel as those from the committee had or
would be submitted to the Rio Grande
officials during the afternoon
Mr.. Joseph took the night train for Los
Angeles for the purpose of laying the
same data before the officials of the San
Pedro line and to arrange for another
meeting between his company and the
railroad representatives on a day and at
a place TO be mutually agreed upon. Mr.
Joseph declared his conviction that the
railroads would give the subject the same
courteous and earnest consideration that
had chara cterized their action up to the
present time and while he did not feel
at liberty 20 speak of the evidence they
had prepared to support their request for
relief, he was most hopeful that IL would
be considered all sufficient to grant the
prayer of the petitioners
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-08-15
LOCAL TALENT
BUYS SAMPLER
Plant of the Pioneer Company
Landed by Big Mining
Operators.
CONDITIONS AT UNCLE SAM
DATA or TINTIC PRODUCTION
SUBMITTED TO RAILROADS.

A deal has just been consummated
whereby the property, works and business
good will of the Pioneer ore SamphnS
company passes into the hands of a pow
erful syndicate of local mining men and
mine operators, The negotiations have
been pending ever since last April, but
no intimation of what was doing was al
lowed TO reach the public until yesterday
when the ottlt- rs of the rev company
were chosen. Inc sale, it is understood
involves something like $4,000 and the
transaction is on a cash basis Inc 1lrst
payment has been made and the balance
OF the money will be turned over just
as soon as the legal formalities have been
complied with and the old board or Oh
Stein of New York is the whole thing
In the old company, S. l.. Butler, the
president, and the other officers and OIL
rectors being only nominSlly concerned
hose who have been chosen to serve
the new company in an official capacity
are G. d. Rooklidge. president and man
ager; W. j. Craig, vice president, and Z.
y. EllingWood. secretary and treasurer
There are about one dozen shareholders
in the syndicate, which has made the
purchase of the Pioneer works and q
large majority of them are men VINO
either control or are prominently identi-
lied with mining propositions capable VI
supplying the works with great deal OF
business. The ownership of the new syn
dictate dates from the first day or the
present month and plans for the future
handling of the business date from IN II
time.
Secretary Ellingwood stated during the
afternoon that. while the works as they
stand are new and up-to-date. 1T is the
purpose TO make many improvements A
new set of weigh scales, fifty feet in
length. have just been put in, arrange
ments are now being made 10 use electric
power and keep the present steam plant
as an auxiliary and. Just as soon as pos
sible il is the intention TO place a sys-
tens of cOnVeyOr belts. so that ores can
be moved from the bins. which receive
ore from Alta and other places, by wagon,
direct to the crusheTs without the use
of Wheelbarrows, as at present The mill.
as ID stands, has a maximum capacity OF
COS tons of O~e per day, but the new
owners are already figuring on the cree
lion of a new mill as a companion 10
the present one, with crushing and ore
moving devices that Will permit of the
use of one OF both and 10 be operated by
feeding ore from the cars and bins on
either or both sides. Additional trackage
will also be provided and the plant viii
be placed in condition to handle an enor-
nous tonnage with speed and regularity.
as it is fully realized that the increased
output of the mines of this region Is
shortly going 10 demand heavier tonnage
facilities. The management remains IT
the hands of c. D. Rooklidge. who has
had full charge of the business for the
past two years or more.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-08-15
Mines and Mining Stocks

sures twisting and running off at unsus-
pected angles, Of closing up and opening
out, standing perpendicular and lying flat
And, while the Uncle Sam is now hav-
ing time. with such conditions in de-
termining the location Of the ores bodies
on the 200. we have no doubt that they
will be located all right.
On the 540-fOot level the showing ss
a fine one. The latest report from SUI
perintendent c. G.. Griggs shows that he
is driving through a combination of car.
Donate and galena ore the average II
which carries y ounces OF silver and over
10 per cent Of lead, with a little gold
some time ago we began advancing
drift on the SO0-foot level which we are
certain Will run into ore during the next
200 feet OF within sixty days. Here we
are reaching out for one that followed In
the Godiva up to the boundary line OF
our property. Through the courtesy of the
management of the Godiva our superln-
tendent was permitted to go into their
mine and sample the ore and do the nee
essary surveying to give him proper data
on which to reach out for the shoot in
Uncle Sam ground Our 500 level Is thirty
five feet higher than where the Godiya
management left this ore so. should IT
happen that, on reaching the lines OF
our property the ledge or fissure is not IN
evidence, all we shall need to do is 20
sink the thirty-five feet TO connect with
it. The fissure at this point is not all
ore but there is good ore scattered
through ii and most of il will pay nicely
TO mill. We hope that prospecting from
that point will develop a great deal OF
both first class and milling ore
Superintendent Griggs is coming in from
the Uncle Sam tomorrow, and. accom-
panied by Mrs. Griggs. he will leave fer
Nebraska and other points on we'll
earned vacation of a few weeks. He
is leaving everything at the mine in good
shape and Manager Dern is confident
that by the time he returns there will
be better news to report from the 40
workings as the campaign there has been
decided upOn.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-08-15


former owners did not have the nerve to
equip the mine and go after its buried
riches right.
The mine is producing nicely from the
workings upon and above the tunnel level
and now that ii is possible to open up
absolutely virgin ground below in the ore
bodies known to exist il is simply mat
ter Of weeks until the proposition can be
made to pay handsomely. With a fine
compressor plant, first-class hoist. good
milling plant, a new and commodious ho-
tel for the employees and other necessary
surface improvements all completed the
real work of mine development and ore
extraction can be taken up and pushed
on a scale never before possible. Man
ager Atkinson has worked early and late
to get the proposition in the perfect shape
he now has it and in Managing Director
E. E. Abercrombie, who fully financed
the proposition several months ago, the
company has had a pillar of strength
without which the welcome change could
not have been as speedily brought about.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-08-15
Salt Laker in Line for Stake.

Among the old Salt Lakers whom Har-
ry B. Cole stumbled onto during his re-
cent visit to Ramsey was Samuel Ben
nett, who was heavy dealer in local and
eastern stocks here three or four wears
ago and who lost most of his pile and
pulled out for Nevada about two years
since.
II believe said Mr.. Cole yesterday.
"that Bennett is going to retrieve his lost
fortunes in the new camp. He is enjoy-
ing the best kind of heaith and has ac-
quired some very valuable ground He
has plenty of money to handle it right
and If he does not return here one of
these days with more money than he
ever had put me down as a poor prophet.
With associates he owns fourteen claims
about two and one-haif miles north Of
Ramsey and three miles northeast of the
great Mayne strike. They have a ledge
from which rock broken off at various
points 200 or 800 feet apart all show heavy
paintings in free gold and the continue
ton of the vein has been proven up for
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-08-15
MINING STOCK EXCHANGE.
DaIy-Judse Moves Up-Nevada List
Still Strong.

ing exchange 1850 shares of stock. with
a selling value of s17s1, changed hands,
this being exclusive OF the business done
on the open board in stocks on which quo
tatlons are not made public. Daly-Judge
is beginning TO assert it's strength again
and the sales made yesterday were at
SLIGO New York was also stronger and
SO was the Nevada list Beck Tunnel.
Carisa. May Day and the few other stocks
dealt in held their own. while the spar
ring done for some of the stocks not trad
ed In indicated that the market was not
without prospective patrons.
Following is the list of final quotations
and record of sales made during the two
regular and open board calls:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-08-15
New EnsIand's Compressor Working.

The new compressor plant at the New
England company's Bingham properties
has been placed in commission and Man
ager Henry NJ. Atkinson. who was in the
city yesterday. stated that the water in
the shaft had been pumped out and that
the cleaning up task. preparatory to GO
ing after the ore bodies on the 800 level
was nearly finished The Importance of
this bit of information can hardly be
oVerestimated by those Interested in the
New England company. and il means
something 10 the camp, as well. for the
company Will soon be in a position TO ma
terially increase its force of miners and
add materially to its present OUTPUT.
Without its new power plant the man
aeement was unable to operate its prop
ertv at depth. 1t was the encountering
of water that compelled suspension of
operations below years ago, just at a
time when the sulphide ore bodies had
been reached the proposition gave every
promise of blossOming out into one of the
big things of the camp. The amount of
water was not heavy. but IL was too
much 10 handle without machinery and
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-08-15

! or dollars worth or Industrial ana rail-
road securities, and the recent Tecov-
cry of the market in Wall street proves
that these have been absorbed and that
the market is again in a healthy con-
dition.
Where two months ago investors In
railroad and industrial stocks saw
nothing but loss before them. they are
now realizing substantial profits on
their investments. Most eastern in
vestors in mining securities are usually
holders of railroad or industrials and
when Wall street is depressed the east
ern market for mining stocks also suf-
fers. Bull movements in western min
ing issues are almost invariably coin
cident with healthy market in New
York
Back of it ALL however, is the fact
that the mines of Goldfield, Manhat-
tan. Bullfrog and Tonopah are improv-
ing daily beyond the most enthusiastic
hopes of Nevada 'rooters." and the
rent year will double and more proba-
bly, treble that of any former twelve
month. The progress of development
has been marked by greater discoveries
than ever before chronicled, and the
production from all camps is constantly
growing. The shipments from GoldfieId
now aggregate from $500 to 5000 tons
per month, or more than $500, 900 month
ly; Tonopah is maintaining its record of
over 100000 yearly, the output from
the Tonopah Extension mine for the
past week having been in excess of $50
tons; the mines of Manhattan are yield
ing plethorically, the Jumping Jack
having sent out over $4,000 i'm ship
ments last month in addition TO adding
substantially to it's tremendous reserve
of milling ore; in all parts of the dis
trict new strikes are being made and
the large companies, including the Man
haitian Consolidated, Stray Dog. Indian
Camp, Pine Nut, Mustang, Little Grew.
Consolidated Extension, Dexter and
others, are prosecuting exhaustive plans
of exploitation of their respective prop
critics along lines that show the conf
dence mine managers have in the fu-
ture of the camp; and Bullfrog is daily
becoming greater by reason of new dis
coveries and the aggressive plan being
followed by mine owners in opening
the immense deposits of high-grade
milling ores that are so plentiful in the
southern camp.
The decline in Nevadas from the dav
Of the San Francisco catastrophe To the
18th of July averaged about 80 DER
cent, and, inasmuch as the mines have
improved at least % per cent on an
average, the most experienced men of
finance arrived at the conclusion about
the 18th of July that the average of
Nevada stocks was good for a general
advance averaging from so to 75 ner
cent.
The advance of the past two weeks 10
thus accounted for, and it appears GER
tain that within the next three weeks
the high level obtained on the day be-
fore the San Francisco fire will have
been passed and stocks will be selling
by the first of October at considerably
more than they commanded just before
the San Francisco fire.
The following comparative table con-
corning few of the Manhattan stand
ard securities will give an idea of what
is transporting:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-08-15
MininQ Notes.

Nineteen carloads of ore from Tintic.
four from Bingham and four from Idaho
were released from the Taylor & Brunton
sampler yesterday,
Edgar L. Newhouse and J. w. Stewart
of the American Smelling & Refining
company's official staff came in from the
east yesterday 10 which the performance
of the new plant at Garfield
Three cars of ore from Bingham. two
from Alta. three from Nevada, one from
Tintic and one from Stockton were re-
ported at the Pioneer sampler yesterday
morning.
Willard F. Snyder returned from his
several days trip into the Gold Mountain
district Monday night. much impressed
with the great growth the camp has ex-
perienced since he was last there
A message from Manager H. T. Sap
pington of the Cyclone at Stockton states
that he has caught the ore on the 500
foot level of that property, but whether
il is the same shoot that went down from
the 75O-foot level he had not had time to
determine when he wrote to Secretary c,
B. Jack Monday evening. Additional word
concerning the strike is expected to be
received in today's mail and as i'm
proved conditions are confidently expect
ed, the news of the next few days will be
awaited with eagernesS by the sharehold-
ers in the company.
j. OBERNDORFER
Stock Broker.
Tel Bell 1872 1ei S. Main ST.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-08-15
August Is
Bid. A sked-

should command an immediate premium.
Indian Camp is rated by experts In T..
fully as good a property as the Little
Grey, which is selling around so cents
1t is a property of exactly the sam,
character, having the same quality of
ore and the same sized ore bodies. The
management is exceptional. The III
dian Camp property lies on one side Of
the famous Union No claim of the
Manhattan Dexter Mining Co, and the
Little Grey adjoins it on the other side.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-08-15
North Butte Dividend.

Boston wire to James A. Pollock & Co. :
The directors of the North Butte Mining
company met unexpectedly in Duluth yes
terday and declared a quarterly dividend
of 81 a share, the same as was declared
three months ago. AS many of the drec-
tors would not be in town August 20, the
cate set for the regular meeting, it was
decided ITO take action yesterday Trans
fer books close September Is and reopen
CO hor
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-08-15

1t will be seen that the Manhattan
Consolidated. which was selling at zoe
July 10, but sold as high as s1.35 the
day before the San Francisco calamity,
has regained 40 points, or over So per
cent in three weeks.
Dexter, commanding IS to 80 cents be-
fore the fire, has gained Is points from
the current quotation July 13; Jumping
Jack has gained 10 points or above
As per cent, retrieving about half the
decline that occurred Just after the
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-08-15
UNCLE SAM CONDITIONS.
Manager Dern Explains What Is Do
inc at the Property.

Asked what reason there was for the
weakness in the shares OF the iInele sun
Consolidated company, General Manager
John Dern yesterday stated that il was
probably attributable to the fact that
the ore bodies had not been cut on the
700 foot level at the point expected
THE ore has not been cut" said Mr.
Dern, apparently for the reason that the
formation has flattened out at that depth
and the mineral has taken a shoot out
into the bedding planes. The lines of
Tintic have a way of presenting peculiar
freaks that at times BATTLE the skill of
the best posted men on the formation
in the determipation of the cause for fis-
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-08-15
Utah Stocks in Boston.

Following is the list OF Utah and other
stocks. traded in on the Boston exchange
yesterday showing the range of prices and
ing the report, which is furnished by
James A. Pollock & Co.. is the market
letter of Paine, Weber & Co.. as follows:
Boston. Aug. 1.-THE New York market
opened strong but was dull most of the
day and failed to show and material ac-
ton. We are disposed TO let il alone pend
ing Developments. Butte Coalition opened
weak. and then turned very dull with
practically no sales after noon. Quota
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-08-15

700 feet. The ore occurs in fornIa-
liar to the Virginia City or Comstock
formation. and Mr.. Bennett is most san
guine of the results of development now
Under Way"
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-08-15
Ore and Bullion.

Ore and bullion settlements in this city
yesterday, as reported by Mccormick &
Co, amounted to 10000 as follows: Sill
yer, lead. gold and copper ores, s54, 600;
base bullion, $4,000; gold bars, SO. 700.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-08-15
Boston Mining Stocks.
Stocks in San Francisco.

The closing quotations on Nevada stocks
in San Francisco yesterday as reported
over the private wires of James A. Pol
lock & Co. were as follows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-08-15
Open Board.

open Board.
Carisa. 500 at 261zc; 800 at 2sc
Daly-Judge, 200 at s1l.50
Beck Tunnel. 800 at 94c.
May Day, eco at 141zc.
New York. 500 at SS12c. seller sixty days;
800 at 33Iac: 1000 at Size buyer thirty
days; 500 at sac.
Nevada Hills. 100 at s2.9715; 200 at 50. O21A.
buyer thirty days.
Silver Pick. 1.lOO at SOC; 100 at sec; 1000
at SIC.
Star Consolidated, 200 at &C.
Shares sold. 1880; selling value, $12, BOA
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-08-15
american GUARANTY @.
Of Chicago. Established 1892.

Frederick NJ Steele, President.
Charles l.. Furey, Vice President
Lewis W. Pitcher. Secretary.
James l.. Bigelow, Treasurer.
CAPITAL. $40. .........S;OO 900 %
Surplus and Undivided
profits. 800. ......... SGT. 49, &c
Assumes Four Classes of Corporate
Obligations:
1st-The payment of the principal
of bonds.
2d--The payment of interest or
bonds
Sd-The redemption OF corporate
stock
4th-The payment of dividend on
redeemable preferred stock.
1t also performs the following
services for its clients:
First-SecuIes the services of
reputable trust company to act as
trustee for the bondholders and 10
certify to the genuineness of the
bonds.
Second-Prejares the necessary
deed of trust in conformity with
the requirements of the trustee
Third-Has the bonds and cou-
pons engraved or autographed, Law
ing same before the officers of the
corporation ready for execution
Fourth-Attends 10 all the details
of an issue of bonds. relieving the
officers Of the annoyance incidental
thereto.
Fifth-Furnishes engraved or litil-
ographed certificates of stock bear
ing proper endorsement of guaran-
ty and ready for issuance.
Sixth-Prejares and submits the
form of necessary motions and res
olutions TO be passed by the stock
holders and directors and otherwise
supervises all work in any manner
affecting the legality of the issu.
ance of the securities.
Correspondence invited Inte..
views solicited.
General offices. III La Sale Stra
Chicago
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-08-15
Afternoon Sales.
Open Board.

Silver Pick, 800 at 6oc; 500 at Coo, seller
thirty days.
Pine Nut. 500 at SOC.
Open Board.
Beck Tunnel, LOO at Csc.
Nevada Hills, $50 at So; 100 at So, seller
ten days; 500 at 50. buyer ten days.
Silver Pick, 600 at 60c.
Star Consolidated. 1000 at Sc.
Wabash 100 at &c; 200 at 6oc.
Shares sold, $50; selling value. s5,57
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-08-15
Manhattan Stocks.

Forenoon Sales.
Alice. 800 at s2.75.
Daly-Judge. 400 at s11.5G
Star Consolidated. 1000 at &c.
New York. 500 at 34c.
Yankee, 100 at &c; 100 at 36i5c.
The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1906-03-29
COAL STRIKE is
SURE TO COME

INDIANAPOLIS. - After being in
joint conference through committees
since Tuesday afternoon. the coal op-
orators and miners OF On central
competitive district. consisting OF IL
linois, Indian. Ohio and Western Pen
nsylyanis. and those OF the Southwest
ern district. composed OF Missouri,
Kansas. Texas. Arkansas and Indian
territory. are no nearer an agreement
upon a wage scale to 20 into effect in
one week than they were when the for
mer point conference adjourned in
disagreement February 81.
The present wage scale expires next
Saturday and unless an agreement is
reached by the miners and operators
before that time 225.OOO3 union bit
luminous miners will be called from
the mines 10 the states named.
The point scale committee Of the
central competitive district adjourned
thit afternoon after being In session
four days 70 lei Monday morning.
when a motion to report a disagree.
ment viii be offered and Il Is believed
will be carried The session OF he
joint conference 10 receive this report
will according to the present program
me be called next Monday afternoon.
During the four days the operators
and miners have been IN conference
not "a motion or proposition offered by
either side upon the wage scale has
been adopted. In every case where
a proposition was offered il has been
fatty refused.
The Rich Hill tribune. (Rich Hill, Mo.) 1903-1911, 1906-03-29
FOR JOHN D.,
SAYS Mr.. HkDLEY

NEW YORK THAT relentless spirit
Of Atty. Gen. Hadley which the trust
magnates have learned 20 fear. has
been broken An ll.pound mite ~
humanity accomplished g. John H.
Rockefeller III. accomplished what
the Millionaire grandfather failed TO
accomplish.
A Millionaire babe" az the John d.
Rockefeller ir., home, stirred Mr Had
ley. who today offered a truce "a the
elder Rockefeller 20 allow him 70 see
the child.
III Mr.. Rockefeller wishes 20 hold
his grandson m his arms said Mr.
Hadley today u viii declare q truce
and allow him Co come over from New
Jersey without interference. He is an
old man and doubtless IS wrapped zap
IN this infant n a possibility OF be
ing served with a subpoena is keeping
him out 20 Now York ! Will agree with
his lawyers not TO try % serve BIN
while he is here. and be can stay until
81 is safe 90 take the baby back 20
Lakewood with him il he wants 90.