davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-11-14
Financial and Commercial
TALISMAN MACHINERY,
Management Places Order for New
Hoist and Equipment.

Manager p. j. Donohue of the Talisman
companyS properties, announced ycster-
day afternoon that order had been
placed for forty-horse-power gasoline
hoist, skips, cars. rails, etc, with which
to completely equip the mire, and the pur-
chase had been made on guarantee that
delivery would be made In two weeks. or
more precisely speaking. twelve days.
In the meantime buildings are going IN
at the mine in which to house the plant
and care for the enlarged force of men
that will shortly be placed at work there.
Daily reports from the property arc TO
the effect that the new ore body is open
ing up splendidly. while the drift that is
to connect with the shaft from the level
on which the strike was made is going
along at rate that guarantees its COM
pietion within the next two or three
weeks, or by the time the new hosting
machinery can be placed in position.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-11-14
BOUND MOUNTAIN CAMP.
Publisher of Paper Stops Off to Sing
Its Praises.

James w. Travers, publisher OF the
Round Mountain Nugget, was in the city
that Round Mountain is growing to be
one of the best camps in Nevada 1t is
the one camp where mine DEVELOPMENT is
far ahead of the growth Of the town, a
condition that justifies the entry Of more
business houses and gives a guarantee
that the growth of the community will be
substantial and lasting.
AS 1t is said Mr.. Travers, I'VE cast
Jos votes on election day and had a reg
istratiOn of 1884, When it is considered
that only small percentage of a new
election it must be admitted that we have
good, healthy population for a six
months old town.
1--WE have one custom mill in operation
there, the Chapman & Moore plant, which
is located on ShOShOne creek, about three
fourths of a mile from town. In this mill
ore is being treated for 81 per ton and a
number of the mines of the camp are reg
Ularly patrcniZing it. The Round Noun
tain Mining company is now constructing
a mill at its property, and finishing up a
pipe line from ShoShone creek, a distance
OF nearly mile, TO supply it with water.
The plant will soon be ready to go into
commission. On the SunnySide claim Of
the company man by the name of VIII
son has a force of eighteen men at work
running surface dirt through a number
of dry washers. After paying his oper-
rating expenses, royalties TO the company.
ETC., he is cleaning up better than 81 O0o
does not allow him to touch ledge, at
all. and during the two months or moro
that he has been operating he has run
on to several of them. He simply cleans
off the surface and leaves the veins Tor
the company to work. Wilson will clean
UP a big fortune by the end of the year.
when his lease expires.
Round Mountain has the advantage of
many Nevada gold camps in respect to
water. timber. close proximity to fertile
valleys. etc. In the Smoky valley, a few
miles distant. fruit. vegetables, grain and
other products of the ranch and farm are
grown in abundance and Round Mountain
is supplied at reasonable cost. In this
valley. twelve miles from camp, are the
famous Darrah hot springs, the curative
properties of which are well known by the
people of the state. One of these days
those springs will form the basis Of i
sreat sanitarium, though at present moth
ing is being done by the owner to take
care of the public. A few miles farther
takes us on to some of the finest trout
streams of the state. so you see we are
not located in a desolate and unproductive
deSert country. are some of the no
nanZa camps of the state. Round Noun
tain and vicinity has the mineral i'm addi-
ton to natural advantages and there IS
no doubt but what the camp Will grow 10
be big one"
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-11-14
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. Accompany
ing the report which is furnished by
James l.. Pollock & Co. IS the market
letter of Paine, Weber 81 Co, as follows:
Boston. Nov 13.-The better feeling con-
tinued today and in spite of a dull market
prices were stronger all through the list.
Tight money is soaring off many buyers,
but they will come in later
The speculation in mining shares has
spread all over the country and the CAPT.
talization of new mining companies since
January 10 is over one billion dollars.
This market should be bought carefully,
but purchasers on the weak days will
show a profit as surely as sales on the
strong days. Money will rule from TO
20 per cent all this month, but we expect
that the situation will not be as bad as
it was last December. Quotations:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-11-14
GRAIN AND PROVISIONS.

Chicago. Nov 13-Active covering by
shorts indirectly caused by the contin-
brought about an advance of more than
cent in the price of wheat TODAY on
the local exchange At the close wheat
for December delivery was : higher.
Corn was 10 a. Oats gained hQ@s rro-
visions were 2IzM5 to 10 higher Open
ing with a firm undertone, the wheat
mamrket. steadily gained in strength
throughout the day and closed very
of the day Shorts and commission
houses were active bidders for wheat but
there was no particular selling pressure
the bulk of offerings coming from local
longs The main source of strength was
an advance of 215 in the price of Wheat
al Minneapolis, which. ii was claimed
was due TO the Continued small receipts
of soring wheat at Minneapolis and Du-
in Argentina were minor influences that
strengthened the local market. An in
crease of 100000 bushels in the world s
visible supply compared with an increase
of only 100000 bushels for the cores
bonding time last year. had apparently
TO effect on prices December opened
ur"har ged tc a shade higher at 725sM
ia to 72&, advanced TO 141s and closed
at 74d7fs.
The corn market exhibited some weak
ness early in the day because of selling
by a leading cash house, but rallied later
in sympathy with wheat ana closed ar
the highest point of the day. Trading
was quiet in the first half of the seS-
sion but became more active following
the sharp upturn in wheat Shorts and
commission houses were the principal
buyers December opened unchanged to
Il lower AT 417s to -, sold off to 4I3zG
A7s and closed at 42i4.
Oats were in fairly active demand by
commission houses and local bulls and
the market ruled firm all day. Weather
in the northwest was unfavorable for the
crop movement and receipts in that sec
ton continued small. December opened
unchanged at Si54. advanced to 5ii213z5s.
and closed at the top price.
Provisions were somewhat easier at the
opening because of scent decline in the
prices of live hogs, but later the market
rallied and closed firm The advance
was caused by buying of all products by
shorts and local packers. The strength
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-11-14
Mininq Notes.

a private message from New York vcs-
terday announced that Ely Consolidated
stock was selling at 81 a share
Fifteen carloads of ore from Tintic and
four from Nevada were released from the
Taylor & BrHnton sampler yesterday
morning.
-Four cars of ore from Alta three from
Ophir. two from Nevada. one from Stock
ION ana one from ldahO were reported
at the Pioneer sampler yesterday morn
ing.
Fred A. Flindt advises Salt Lake friends
from feringtcn that he has been sue
cesstul in securing some fine ground in
tho Walker River Indian reservation coun-
Try.
A new syndicate is being formed by To-
ca operators to prospect and secure prop
erty in the new Rosebud and Rabbit Hole
region. Humboldt county Nevada Men
will be in the field by the end of the week
if not before.
The rty-horse-power gasoline hoist
that has been doing duty at the shaft of
the Magnolia-St. Louis company at Park
City, has been purchased by the Jennie
company. operating at Goldspring. Iron
county. 1t is now en- route to the latter
property.
President +. l.. White of the Bingham
Consolidated. accompanied by Duncan
MacVichie. managing director of the Bala
klala Copper company, left for California
yesterday afternoon to size up conditions
al the mines and note the progress that
is being made in the construction of the
companys big smelling works. They ex-
pect TO be gone several days.
General Manager M. L. Requa of the
Nevada Consolidated company. has &C.
eided 70 move the general offices of the
company from this city to Ely. The
change will be made during the coming
week. With railroad and Geographic ia
ciiities at camp and with the tremendous
task ahead of him. Manager Requa has
concluded that camp is the place to make
headquarters.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-11-14
Metal Markets.

New York Nov. 12.-The London tin
market was lower. according to today
cables, with spot quoted at s194 les and
futures AT G196 IS Cd Locally the mar
let was steady and lower IN sympathy
with spot quoted at 42.59Q42.65.
Copper wss unchanged in the local mar
ket. with spot quoted at p. 75d22-50; cleo
trOlytic. 21.50G22.00; casting, I.25d21. %;
The London marekt was q shade higher
at SS9 5s for spot and G1Ol for futures
Lead was IS sd higher at el9 IS Sd in
London. Locally the market was UNI
changed at 5.7565.95.
Spelter was firm at 6306t6.40 in the 10
cal market and advanced to &27 lbs Cd
in London.
Iron was irregular in the English mar
ket. with standard foundry closing al Sis
Sd and Cleveland warrants at Sos lloyd
Locally the market was unchanged. No
foundry northern. 25.73II26.50; No. ;
foundry northern, n I5d -. 70. No. 1 fOun-
dry southern. 25.50G27-50; No foundry
southern 25.0ed27O0
ASK your grocery man for MOUNT
Mince Meat. if YOU want good pies.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-11-14
NEWS FROM THE SOUTH.
Herman Barnett Tells of Cedar Do
inqs and His Trip to RuIIfroq.

Herman Barnett, manager of the Ce-
dar companyS Beaver county mines
came up from camp yesterday morning
after having made trip to RhyOlite, in
the Bullfrog country, and a stop at the
Cedar on his way back. OF the Cedar
he states that another carload of fine
ore IS ready for shipment and that its
hauling to the loading station on the San
Pedro Will be begun just as soon as teams
can be secured TO do the work. The teams
he hopes; will be secured during the pres
ent week Within a few weeks, after
the Talisman, adjoining the Cedar, gets
under way, 1t is very probable that the
arrangements of the two properties will
enter into an arrangement that will make
possible the giving of steady empIovmenf
to string Of teams. Then when one
company gets through hauling a lot of
the teams can go right on with another
for the neighbOr, and so on. Such an
arrangement could be continued until
each company outgrew it.
Inc Bullfrog country, Mr.. Barnett
states, is booming, and, while he had
never been there before and had always
been rather skeptical regarding it's mer-
Its. he returns firmly convinced that IL
has more real basis on which TO build
Doom than most camps ne was ever
acquainted with.
''The trains from Las Vegas" said Mr..
Barnett, are carrying great many pas
SengerS all the time, while YOU can see
people walking and going in with burro
and wagon outfits all the way along the
line. Yesterday morning twenty-five pas
sengers from Los Angeles and other coast
points got off at Vegas TO make the trip
north They are swarming into the
Greenwater country like flies and Rhvo-
lite and Beatty are getting new arrivals
daily. There is a great deal OF ore
awaiting shipment at the mines around
Rhyolite and after the railroad has been
finished to that point the outside world
will soon be made 10 appreciate the fact
that there is lots there besides hot air.
Mr.. Barnett has become interested i'm
an eligibly located property at Rhyo-
lite
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-11-14
Wool Markets.

Boston. Nov. 13.-The wool market is
firm and active. The individual sales
of territory now being made range from
100000 TO $4,000 pounds. and most houses
have part in this business. There is
a steady call for staple OregOns. and
there is a continued large movement in
territory woods of all grades but quarter
bloOds. More interest is shown in pulled
woods. Foreign grades are firm. Quo
tatiOns:
CalifOrnia-ScOuTed basis: Northern
choice. 67G6S: northern good. 6JG66: mid
die county, 6Sa65; southern, G2063; fall
free. 56G51
OregOn-ScOured basis: Eastern No. l
clothing. 64G6S: valley No /. 60d62
TerritOry-Staple. secured basis: Fine.
10d12; fine medium. 6ST70; medium. 81
G66.
TerritOry-Ordinary secured basis: Fine
6.d6S; fine medium. 66G67; medium, 8
d65.
Colorado and New Mexico-Spring
secured. sac; No. l. e4T66
Pulled wOOlS-Scoured basis: Extra. 696D
=; fine \. CSG66; \ supers. 57d6O; 3
SUperS. fSG5S.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-11-14
MINING STOCK EXCHANGE.
Business BoiIs and Carisa Suffers a
Sharp Reaction.

Business was boiling on the mining eX-
Change yesterday. The market had it's
strong and weak spots and fluctuations III
seVerai stocks were great enough to keep
the talent guessing all through the day.
During the two regular and open board
calls and including the stocks not listed
and of which no public record is made,
$500 shares, with a selling value of $751;
O2l-3, changed hands. Carisa dropped al
most as suddenly as it rose to 81. no. and
when the day closed the stock had
changed hands at 81 cents a share Shorts
we're i'm high feather and there is little
question but all of them took the oppor-
tl,nity to cover. Daly-Judge moved I'D
10 So and good strength was shown in a
number of others.
Following is the list of final quotations
and record of sales made during the day:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-11-14
BIG EQUIPMENT ORDERS.
Salt Lake Market Invaded for Ma
chinery for Ely Mines.

F. ,. Pheby, the Ely banker and min
Monday morning patronizing the machin-
cry and supply houses. Yesterday after
noon he stated that he had purchased
of working to a depth of LOCO feet. One
of these is to be placed on the Ely Cen
trail Copper company'S property, where
a tripie-compartment shaft is to be
pounded down at once. Up to the pres
ent time prospecting has been confined
to the drilling Of holes by two Keystone
drilling rigs. Over 600 feet of this char
acter of work has been done. and at dis
tances varying from 90 TO Isl feet the cop
per-bearing porphyries have been en-
countered beneath the rhyolite Gaping.
Some of the ore was found to be oXi-
died. but in most instances the charaC-
teristic sulphides of the camp were en-
cOunteIed.
This is the property that is controlled
inal Philadelphia Tonopah crowd. headed
by A. o. Turner and John w Wood
sides The steam hosting and pumping
equipment that is being placed on the
property will be located about midway
between the Star Pointer and Eureka
shafts of the Nevada Consolidated prop
erty. Mr.. Pheby's company owns sos
acres of ground that runs through in
"a northwesteriy direction from the Ruth
to q point in the east of the GirOuX Con-
solidated. 1t was possible to secure the
fact that ii was capped with rhyolite
rather, than lime. There are thirty-siX
claims in the ground. which covers a
stretch 1900 feet long by an average width
of 1900 feet.
The Turner-Ely Copper company is the
combination for which the second hoist
ing works has been purchased, and on
this ground a double-compartment shaft
will be sunk The control rests with much
the same crowd as controls the Ely Cen
trail. The ground consists of 125 acres
lust north of Lane City and west of the
Ely Northern, formerly known as the
Nevada Northern property There are
three shafts on the property and each
is in ore Water has stopped work in
them. but the new plant viii be made
to handle the water without trouble q
No. keystone drilling outfit is also
headed for this property, and the inten-
ton is to prospect the ground to depth
of 200 feet with it
The Eiv Northern. Elv Western and
EIv Southern properties are other under
takirgs that Mr.. Pheby and his brothers
are engineering. so it will be readily seen
that he and his friends are pretty deeply
interested in the big camp.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-11-14
BIG COMPANY
FOR ELY CAMP
Heavyweight Salt Lake Oper-
atorS Preparing to Launch
Powerful Corporation.
HAVE MINES AND WATER
WILL BUILD ITS OWN MILLS AND
SHELTER.
HAVE MINES AND WATER

While formal announcement will not
probably be made for a few days yet,
it is now an open secret that one of
of the most powerful corporations ever
launched in the camp of Ely is being
perfected in this city IT will be known
as the Mechanically Copper company
and the basis for it will consist of the
Robust, Mcdonald and Maceo groups
which cover over 1000 feet of the rich
mineral zone extending easterly from
the Nevada Consolidated company's
Chairman properties. In addition the
new company will own between zoo
and 1900 acres of land about eight
miles south of Ely on which is located
a lake a mile long by one-fourth of a
mile wide, g. lake that is fed by nu-
merous living springs which appear as
craters or tremendously deep holes in
the earth's crust and which cover many
acres in themselves. Some of these
holes have been tested to depths reach
ing close to 100 feet and no bottom has
been found. This supply Of water will
be utilized in supplying the mills ana
smelter that will unquestionabiy be
built by the new company to handle
the ores from its mines.
These properties are Jointly owned by
David Keith, president of the Silver
King company; ex-senator Thomas
kearnS and COlOnel E. A wall. the
heaviest individual owner in The Utah
Copper company. What the new COM
pany will be capitalized at or now much
stock in ii will be allowed to pass into
outside hands, or at what price, fas,
ii is understood, not vet been deter
mined. but an intimation has slipped
out that limited number Of shares
will probably be allotted to Salt Lake
and Ely under subscription. 1t is eX-
pected that matters will have assumed
such shape within a few days that the
wealthy operators behind the under
taking will be willing to unfold their
plans.
Sinking Two Shafts.
Two shafts are being sunk on the
property and one of them entered tie
copper sulphide zone at a depth of sew
enty feet, where the ore was found to
average about 4 per cent copper. The
second shaft has not yet reached the
mennonite. but the width &c the zone
at this point is known to be ever 900
feet At a point farther east on the
flank OF the monzonite zone. is a strong
assure in the limestone. thirty to fifty
feet wide that is exposed for 500 feet
or more. At the different points where
il has been prospected it discloses good
copper values. This is n cont mutation
OF the Chairman vein and is ore Of the
great lodges from which the mOnzonite
derived it's naturalization On the south
side. On the north IS the DaGntlesS
and Robust assures in the lime Both
show good values but IS yet neither
has been deVelOped
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-11-14
Mines and Mining Stocks
NEW ENGLAND AFFAIRS.
Manager Says Bingham Properties
Are Ready for Heavy Output.

Manager Henry NJ. Atkinson, the hust-
ling manager of the New England COM
milling plant at the property is now
running steadily one ten-hour shift On
the 18th second shift will be added
and then. through change in the
screens that has recently been made.
he will be able to make an average of
100 tons of high grade concentrates a
week. or between 400 and 500 tons a month.
In addition. a nice tonnage of first class
ore will be marketed. and the earning
capacity of the mine will be more than
double what II has ever been before.
The mine, Mr. Atkinson states, never
development is constantly adding to the
orc reserves. The recently installed new
hoist and compressor plants are doing
splendid work and not a particle of bother
is being experienced with water in the
lower workings.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-11-14
Money, Silver, Etc.

New York. Nov. 15-MOney on call,
strong: 5G14 per cent: ruling rae, per
sent, last loan. per cent
Time loans. slightly easier: 60 days. -
as per cent; 90 days ~ per cent; six
months, 6G6lz per cent.
Prime mercantile paper. Gu6l2 per cent.
Sterling exchange. easier. with actual
business in bankers bills at AS. 60E4. s.. So
for demand and at $50. IJdf.S020 for sixty
daV bills: posted rates. 4.S11a and 1861.
Commercial bills. $50.
Bar silver. H.
Mexican dollars 55ls
Government and railroad bonds, steady
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-11-14
Coffee and SUGAR.

New York. Nov. 13-Cofee-Spot Rio
quiet; No. invoice, 1f-16; mild quie1
The market for coffee futures closed
for the day were reported of 10000 bags.
including December at 6.O5G615: Febru-
airy, SO; March. 6.35de4O; May, $50:
June, $50: July. 6.65G6.70; September GS9
d6.S5: October. $50.
Susar-Raw. quiet; fair refining, 5-16.
centrifugal. 90 test. 1916: mOlaSses
sugar, lie. Refined steady.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-11-14
NJ etal M arket.

Silver. 711ac per ounce.
Copper (casting), 213sc per pound.
Lead, 1915 per 100 pounds.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-11-14
PHONE DUVAlL

4 bout that wall paper. painting, etc.
You will save money. time and worry.
Don't wait till spring. w. Duvalb 1f9
w Second South. Ind. tel 1l45; Bell
tel. las X.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-11-14
treasury Statement.

Washington. Nov. l3.-Todays state
ulenI o. the treasury balances in the
ance. SG7O7o. 90; gold coin and bullion.
SIl6. ~. 30. gold Certificates. SIS. so 100
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-11-14
Ore and Bullion.

Ore and bullion settlements in this city
yesterday. as reported by Mccormick &,
Co, amounted TO s20S,2c0. as follows: Sill
yer. lead. gold and copper ores. $4,000:
base bullion, $4,000: gold bars, SIS, 200
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-11-14
Butter and Euus.

New York. Nov. -Butter-Firm: un-
changed.
Eggs-Steady: unchanged.
Chicago. Nov. Bon the produce ex-
change today the butter market was
steady: creameries. 19G25iR; dairieS. 1872
Eggs-Firm at mark; eases included. -
G24 firsts %: prime firSts, IS; extras. 80.
CheeSe-Strong: 12iRH13L.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-11-14
TREASURY STOCK.

Salt Lake Ely mine for sale, S100 per
share. w. w. Byrne. treasurer, Kenyon
hotel
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-11-14
Stocks in San Francisco.

The closing quotations on Nevada stocks
in San Francisco. as reported over the
private wires OF James A. Pollock & Co,
yesterday were as follows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1906-11-14
Afternoon Sales.

Carisa 7000$l .05: 100d$100.
Lower Mammoth 100GIS3c. seller 60.
Lou Dillon, 5C0If9lzc; 100@50c.
Mammoth. 100MSl.52l2.
Nevada Hills, 200I$3.f5.
Nevada Fairview. 20O0d32c
Silver Shield. 4.000T20C: JV0G19c.
Beck Tunnel. 9. lO0lIS1. BIZ; 1000 $50.
Black Jack. 200M50c.
Colorado Mining. 100091c.
Little Chief, 500fI1Sc
New York. 50O6l251sc: 2.000GI25c.
Scottish Chief 1.0O0G101zc.
Victor Con-, 5o0G101ec.
Open Board.
Columbus Con-, SOe@se.GO; 1cO@sC5O; 10Ogs
Carisa, sOOas1.O214; 4OOasl; sOoaeSc; 40e@
exc.
Lower Mammoth. JooGts5c.
Lou Dillon 200MSlc; 1.200t50c; 1eeGt491.o
5gld49
Nevada Hills. 2c0d$3.25.
Silver Pick, f000$l.75.
Tetro, 100M1Ii@c-
Victor. I.OJ0N1012c.
Shares sold. $500
Selling value. s2l. 49,