davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01
MINING STOCK EXCHANGE.
Summer Lull is On But Stocks Occu-
py a Uniformly Strong Position.

AS compared with the month previous
business on the mining stock exchange
during June showed a falling off in the
number of shares dealt in of 1899, while
the money value was s26.944.21 less The
totals for June were 992.77 shares and
d snare for the stocks traded in. The
month opened with business verging on
the boom point, but it failed to hold up
for any length of time and the close finds
the exchange enjoying a summer sieSta
that is likely TO last for a month or two.
The unusually strong position held by
most or the stocks makes ii reasonably
certain that the summer lull will not ma
terially affect the market value of any of
them. The mines will go right on pro-
ducing and the companies will continue to
pay the regular dividends and by the time
fall rolls around again the exchange
should be pretty lively institution. Sup
ply and demand has been ruling factor
in the making of prices for the better
part of the month, while improved condi-
tons at any particular property has had
the effect of putting the price of that
stock up. The professional traders are
always do when the market is quiet and
there is nothing happening TO boost prices.
They are the men who are right now pick
ing up the best class of stocks, knowing
that the falls activity will give them big
margins on their holdings.
During the week a total OF 1S3. $50 shares
of stock, with selling value of $129, ga. 70,
changed hands. yesterdays contributions
to the totals being Il 800 shares and sl2,-
S31.
Following is the list of final quotations
and record of transfers made during yes
terday's single regular and open board
calls:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01
RICH STRIKE IN
THE MAMMOTH
On 2,260-Foot Level, Deep
est Workings in the Mine,
Shoot Is Opened.
COMPLETE SURPRISE
ORE GOES HIGH IN COPPER,
GOLD AND SILVER.

Ore has been struck on the 2.26o-foot
level of the Mammoth companys mine
at Tintic. This is the deepest point at
tanned in the property and the ore en-
countered Friday evening borders on the
sensational in value, and the assay re-
turns telephOned in last evening will be
a surprise to Superintendent Samuel Nc
Intyre, jr., when he sees them. the
ore, a full breast of which was in evil
dence yesterday afternoon, carries IL per
cent copper, % ounces silver and SO in
gold per ton.
The superintendent of the mine came
in yesterday morning, but when he left
the camp the rock had been tried only
for copper, and Mr.. Mcintyre stated that
he did not anticipate very much N the
way of silver and gold values, as the
did not carry more than a few ounces
in silver and 81 or so in gold. The I'M
provement, therefore, in. sinking 16O feet,
is made apparent. When the assays were
received last evening Mr.. Mcintyre had
gone to the lake, so he will know nothing
about it until today.
The 2,260-foot mark was reached through
Wine dropped down in the ore TO
start with from the 2,100-foOt level, the
deepest point reached by the working
shaft. The ore had a rake to the west
ana at the 2.e6o-foot mark it has been
necessary to drift some twenty-five feet
to reach il. That it has been struck
means that the shoot is continuous for
at least the 100 feet mentioned, and Su-
perintendent Mcintyre has no doubt that
it will continue down for a long dis
lance vet, as it is one of the strongest
shoots of ore ever opened in the mine.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01
Binuham Mining Notes.

E. E. Price. formerly assistant engineer
at the Utah Copper Mining company, has
now a position with the Ohio Copper COM
pany as engineer.
Henry q. Brown of Boston, r. e.
Booth of Bingham Junction, w. e. Hub
bard of Salt Lake City. p. j. Donahue or
Salt Lake City. Mr.. Norton of Los An
geles and Mr.. Sampson of Butte and Mr..
day and made an inspection of the Bing-
ham group of properties as well as some
of the adjoining workings.
The contract to work the Jacobs and
Hart tunnels of the Butler-Liberal prop
critics. belonging to the Orem people, has
been let to Tom Hosking and L. ]. Judd.
The men started twelve men to work on
the tunnels on the oath of the month, and
the work will continue indefinitely. AT
the recent visit of w. c. Orem TO the
camp il was decided to abandon the work
by the company itself and let the con-
tract to the lowest bidder. The work will
ali be in the nature of development work
and the contractors will employ num-
Der of men on the tunnels
The latest addition to the Ohio Copper
companys Winnamuck mill of Johnson
tables and vanners was completed Tues
day night and Wednesday afternoon the
machinery was started up. The structure
which was built for the equipment was
COMPLETED a few weeks ago, and the ia
bIes and vanners were then installed.
The machinery is being operated by cleo
tricity, and as the system is practically
new one, ii will be watched with inter
est. The tables and vanners will be OPP
Grated to handle the middlings of the ia
bles it is expected will reduce five per
cent at least the loss to the concentrates
Heretofore the slime or middlings was
run into tank, where 1t was allowed to
settle. after which ii was run through the
Whitley again The acquisition of the
equipment will eliminate this feature of
milling, which at its best was not entirely
satisfactory
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01
RICH ROCK FROM IDAHO.
Samuel NeWhouse Evidently Has a
Bonanza at Silver City.

Morris NJ Johnson, chief engineer on
the expert staff of Samuel Newhouse. re-
turned from Silver City. Ida. yesterday
morning after having conducted an eX-
animation of the Commoner and other
mines recently secured under option by
Mr. Newhouse. Whether the deal would
be carried through according to the
terms OF the option. Mr.. NewhOuse stated
during the afternoon he would not know
until the assays were out on the sam
r,les taken by Mr.. Johnson, though ne
felt satisfied, from the report submitted
and the appearance of the ore, that the
properties would be taken hold of A
fine collection of the ores was shown by
MIR. Newhouse and many of them looked
good enough to eat" The ore carries its
chief values in gold and silver, and many
of the samples shown were estimated to
run as high as $4,000 ton. An adjoin-
ing property to those being acquired by
Mr. Newhouse has a record of having
produced S9,000,0O0 and there is no rea-
son to suspect that the Commoner and
other ground is not every whit as valu-
able.
Engineer Johnson found time while at
camp TO inspect several other properties
of the district, and he returns fully i'm
pressed with the mines of that region
and the possibilities that a broad gauge
campaign holds out TO the operator will
ling to conduct 1t.
The Trade Dollar company, Mr.. John
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01
WILL DRIVE A TUNNEL.
Property of West Columbus Copper
Company to Be Opened at Depth.

Since visiting the property of the West
Columbus Copper company at Alta / am
more than ever impressed with its pos
sibilities," said Joseph j. Bamberger
have bought the d. H. P. claim and
added 1t TO the company's holdings, and
/ am after two more pieces of contigu-
Gus ground that / hope TO land before
leaving here. Three tunnels have been
driven for a "a eater or less distance on
est to the Peruvian company's ground
is in about 200 feet in a ledge that re-
veals over two feet of ore for the en-
tire distance. That is, there was ore for
the whole distance, and it still shows
strong in the face. We aave given a
lease on this portion of the ground to
Frank Eldredge and he will begin opera
tions Monday morning.
"It was decided while at camp to be-
gin the running of a tunnel from the
the purpose of cross-cutting the forma-
tion and intercepting the lodges demon
strated to exist in the ground. To cut
all of them will. ii is estimated. require
about 900 feet of work. and that will be
done as rapidly as men and money with
the aid of power drills and giant pow
der. can accomplish II. An old tunnel
started by the original owners of the
ground and which is in something like
fhirty-five feet will be cleaned out and
made to serve as the, beginning of the
long tunnel we have decided to push Ii.
the line If the tunnel has been sur
yeyed by H. S. Joseph. who accompanied
us to the property, and Sidney Bamber-
ger, We expect Will be selected 10 man.
age the proposition
Mr.. Bamberger stated that the camp
looked lively. A great string of teams
were hauling from the Columbus Consoli-
dated, City Rocks and other properties
while the Continental companys aerial
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01
MINING Notes.

The annual meeting of the Consolidated
Mercur company will be held at Jersey
City, n. j., tomorrow.
General Manager Theron Geddes of the
Swansea went out to Tintic yesterday to
look after operations at that property.
Two carloads of ore from Stockton, two
from Alta and one from Ophir were re-
ported at the Pioneer sampler yesterday.
Manager E. w. Clark of the Ophir Hill
companys properties at Ophir. is in from
camp on one of his periodical business
trips.
Engineer James w. Neill, who has been
i'm the city for a few days attending 10
personal business. VIII leave for Colo
purpose of making an examination of
properties for Boston syndicate.
E. J. Roberts and c. E. L. Gresh. the
young operators who have a fine lot of
properties in the Colorado river coun
try. southern Nevada, are in the city on
short visit. They report the country
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01
NEWHOUSE BUYS
into PARK CITY
Becomes Heavily Interested in
Silver King Consolidated
Company.
NEW GROUND TO BE TAKEN
BIG OPERATOR HAS BEEN SEEK
ING FooTHolD SOME TIME.

Samuel NeWhOuse. whose individual IN
ferests in Utah mining enterprises are
probably heavier than any other man s.
has decided to become a factor in the
making OF mining history at Park City.
After mature deiberation and study OF
conditions by his own engineers he has
selected as the vehicle through which TO
gain a foothOld the properties Of the Sill
yer King Consolidated company. lie ad-
.rnits that he is now large stockholuer
tn the company and that such is the case
is emphasized by the fact that ne, as
well as Lafayette Hanchett. his business
manager, was on Friday made member
of the company's official household, Mr..
Newhouse being chosen vice president
and Mr.. Hanchett one of the directors
1T is authoritatiYely stated that Mr.. New
house acquires. in this deal no less than
$4,000 shares of the Silver King Consoli-
dated stock.
For several months Mr.. Newhouse has
been giving the proposition his careful
consideration. His engineers have been
IN the Park on many occasions, but all
efforts to learn what they were doing
there resulted in failure, as the operator
was determined that no one should know
what he had in contemplation previous
10 his final decision as TO what he would
do. His election to the directorate Of the
Silver King Consolidated company made
Il impossible for him longer to keep the
matter from becoming public property,
and he now wears a contented smile at
the thought of his having accomplished
his purpose without detection. AS now
constituted the board of directors and
officers of the company read as follows:
Scion Spiro president: Samuel NeWhOuse
vice president: Lafayette Hanchett L.
II. Schmidlapp of Cincinnati and j. c.
Hamm of Evanston. Wyo., completing
the board. while G. W. Browning is sec
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01
PLANS OF SHEBA CO.
New Mill Will Be Built Some Dis
lance From Old One.

Secretary w. S. Zehring of the Sheba
company states that it has been decided
to erect the new milling plant of the COM
pany at a point half a mile or more be-
low the site of the present plant at the
mines of the company, near Mill City.
Humboldt county, Nevada, and that work
will be commenced right away. In the
meantime ii is the intention to fix up the
present mill and run it during the season.
Later whatever machinery and equipment
there is in the plant can be used in the
new one, such as concentrating tables.
crushers. etc, will be moved to the new
works when needed.
The tramway which connects the mines
with the present mill will be extended
to the new plant during the fall, or just
as soon as it will be required TO begin
filling the new mill bins with ore and,
within four months from today, the com
many should and undoubtedly will be
handling a large tonnage of fine milling
rock.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01
HALF YEARS ORE AND BULLION.
Open Market Settlements Reflect a
Healthy State of Production.

Ore and bullion settlements in the local
Mccormick & Co., amounted to $4,000 as
follows: Silver, lead gold and copper
ores, $4,000: base bullion, $4,000 Settle
ments for the month of June reached ST.
993,950, or $462, 200 more than for the month
previous, while for the six months of
the year they amounted TO S1, ia, As.
These figures do not represent prob
ably more than so per cent of the bust
ness done at the smelters OF this val
ley. None of the big copper companies
doing their own smelling is represented.
Neither are the producers who market
their products outside of the state,
though it is estimated that the ores 60
ing out make at least a standoff for
those coming iii. The exhibit makes it
apparent, however. that the years pro-
duction, as it will be represented in the
bullion produced by all the smelters,
will cut close to s50,OO0,0OO for the year.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01
BUILDING ROAD TO MINES.
Example of Nevada Hills Company
Beino Followed by Wingfield.

The work of building a road to the
Wingfeld properties has been In progress
the mast week and as soon as completed
the gasoline hoist will be installed on
the property. says the Fairview Miner.
This will be a fifteen horse power Fair
banks-M Morse engine, and it is expected
that IL will arrive about July l.
Drifting still continues in the shaft and
a raise will now be put through to air.
The work on the tunnel is progressing
nicely and the Fairview Eagle is showing
up better as time goes on.
Over on the Lena the tunnel is in to a
depth of 70 feet and the work of drifting
along the course of the vein is in prog
ress. The vein on this property runs
along a rhyolite dyke in a southwesterly
direction and the work of drifting is fol-
lowing its course.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01
New York Minino Stocks.
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 the number of shares sold Accom-
panying the report, which is furnished by
James A. Pollock & Co. is the market
letter of Paine. Weber & Co., as fol-
lows:
market, copper shares held firm and there
is very little pressure TO sell. while the
better class of stocks are in good demand
on every little reduction. The New York
market certainly acts weak. and we look
for lower prices over there next week
Quotations:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01
Mines and Mining Stocks

son reports, is treating about sixty tons
of ore per day, and doing well. The
War Eagle is temporarily held back in
its operations until the water has been
drawn off through the deep tunnel from
which a raise is now being made to tap
the flow and drain the mine Every fea-
ture of the district appeals to Engineer
Johnson and he is confident that great
future lies before the camp.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01
THE SALT LAKE HERALD: SUNDAY July /, 1905

tramway was delivering ore down the
canyon to the terminal at Tanners flat.
He was told that a strike of Importance
had been made. in the Flagstaff Console
dated company's property, and the men
whom he met at camp were all enthusi-
astic over the outlook for the future.
Mr. Bamberger declares the boom has
hack
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01

to be attracting all kinds of attention
now.
William Hatfield. manager OF the Al
Snowflake At Tintic. was up from Provo
yesterday looking after business matters
on this end of the line.
A wire to James A. Pollock & Co. yes
terday announced that the Tonopah Min
ing company had declared its usual quar-
terly dividend of % cents a share and an
extra dividend of 10 cents, both OF which
are payable July Il to shareholders of
SHcord July 10. These dividends call for
a distribution of $780, 900 and indicate what
the company is doing these days in the
matter of earnings
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01

100 American DeForest Wireless stock
for sale at $500. Will be glad to re-
ceive bid. as 1t must be sold at once.
This stock Is transferable. z. M. West
& Co.. tel. los. 1877 D. +. Walker block.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01
Open Board.

Columbus Consolidated 100 at IS TO- buy
er sixty days: 100 at $3.50; 100 at s795; 200
at IS: 800 at sos.
Nevada Hills 200 at s1.95.
Thompson. 500 at 40c; 100 al Ssc; $500
at SIC; 800 at s6isc; 800 at &c; 500 at 35izc.
Wabash 100 at Toe.
Shares sold. 1890: selling value. s12.-
PSI
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01
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, 1906-07-01

So FREE TO OUR FRIENDS,
We want to send to our friends a beautiful
French-designed G0LD-PLATED BONBON BOX
hard-enamelec In colofs. Il Is a beauty for the
dressing table. Ten cents In stamps is asked as
OF gooo laitn and to cover cost ofCaseafets
with which this dainty trinket Is loaded. 7Is
- Send to-day. mentioning this paper. Address
Steriing Kennedy Company. Chicago or New YORK.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01
Acquiring New Property.

For two years or more Scion Spiro, as
president and general manager of the
company, has been working TO secure a
large block of ground, some 800 acres. ly-
ing within close distance of the COM
pany's present holdings and to the north
west. The value of this ground has been
made apparent not only through the work
done upon It, but through the develop
ment of the company's main group. The
necessity of the acquisition of this terri
tory was also made apparent to Mr..
Newhouse through the study OF his own
engineers and il has been largely due TO
him becoming interested in the corpora
ton to the extent that nc has that the
deal for IL was successfully accomplished.
During the coming month a special meet
ing of the stockholders will be called to
ratify the deal and ii is safe TO say that
following this formal action an extensive
plan of campaign will be mapped out for
the COMPANY
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01
BulIfrog.
. Manhattan.
Forenoon Sales.

Little Bell. 100 at So
Lower Mammoth 100 at SOC. seller thir-
tv DAYS; 100 at soc; 200 at soc. seller sixty
DAYS: 400 at SIC; 100 at 5Sc; 100 at sic. sell
err sixty days.
Uncle Sam, 200 at 44c: 800 at 4S1.c; 5oV at
ACC.
Beck Tunnel. 900 at soc.
New York 500 at 25ibc; 800 at 26c.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01
Newhouse Likes the Park.

Samuel Newhouse has the reputation
of doing things in wholesale fashion. He
has gone into Park City, not through any
ideas of philanthropy. but because he
has recognized the value of the enter
prise with which he has become identified
as a business proposition. He has always
admired Park City: he has long sought
chance to get into the camp in way
that would give him an opportunity to
reach out for the good things he has
known IL 10 contain. He did not want an
old mine; ne wanted the chance to make
a bonanza on his own account. After full
Investigation he has chosen the Silver
king Consolidated as the best available
means of attaining his purpose. He
banks on the judgment of his engineers
when II comes to the value of ground;
ne gives way 10 no man when it comes to
the business of handling an undertaking.
in Mr.. Spiro he has an associate who
knows the camp OF Park City we'll and
who has been altogether successful in
what he has undertaken. In the affairs
of the Silver King Consolidated Mr.. New
house will undoubtedly be personally rep
resented by Mr.. Hanchett, who looks af-
ter all details OF Mr.. Newhouse's affairs
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01

the food stopped up In them at that partic-
ular time.
These emergency drugs relieve the
immediate trouble, but do not relieve its
Cause.
The same trouble will therefore recur
again till that Cause Is removed per-
manenty.
The chief cause Of Constipation and
Indigestion Is a weakness OF the Muscles
that contract the lntestines and Bowels.
Carcarets are practically to the Bowel
Muscles what Massage and Cold Bath
are to the Athletic Muscles.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01

tn. Bismarck
Merchants Noon Lunch is served daily
from 80 a. m. to 2:30 D. M, and is
greatly enjoyed by its patrons on ac-
count of its home style cooking. Every
thing is clean and well prepared.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01
all other Diseases,

all other Diseases.
west Pocket" box 10 cents.
Be sure yea get the genuine, made
only BY the Sterling Remedy Company,
and never sold in bulk. Every tablet
stamped "CCC."
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01
The Little Doctor in
your Vest Pocket

NEE the thin, round-cornered little
~ Enamel Box belowl When
carried in your vest pocket ii
W. means Health-Insurance.
II contains Six Candy Tablets of
pleasant taste, almos: as pleasant as
chocolate.
Each tablet Is working dose of Cas-
carets, which acts like Exercise on the
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01

They stimulate the Bowel Muscles TO
contract. expand. and squeeze the Diges-
tive Juices out of food eaten.
Cascarets do this naturally. without
purging or discomfort
They don't help the Bowels and Liver
IN such way as to make them lean upon
similar assistance for the future.
This is why, with Cascarets. the dose
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01

Because, nearly all
these Ills begin in
the B els, and
partial Constipation
payes the way for
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01

Neither Is II like
Castor Oil, Clycerine,
or other Oily Laxa-
tives that sim ly
lubricate the lntes-
tines for transit OF
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01


Bowels and Liver.
4 4
II will not purge.
upset the stomach.
Because II Is no
driver" like Salts. S
dunn. Calomel. Jals
SIENNA, nor Aperient
Waters.
These waste Diges-
tive Juices of the
syste m needed to-
morrow, in merely
flushing out the Bow
els today.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-07-01

- - 0AA-1a
If carried in your
Vest Pocket, Tor car
ried in My Lady's
Purse), and eaten
just when you sus-
pect yeu need one,
willnever know a
sick day from the
ordinary ills Of life.