davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-09
CROWN POINT
LISTS STOCK
Statement Made to Exchange
Gives Interesting Data
Concerning Company.
PROPERTY AND RESOURCES
HAS NO DEBTS AND NO GROUND
UNDER BOND.

Crown Point Consolidated was listed on
the mining stock exchange yesterday and
was started off on the regular call In the
afternoon The statement accompanying
the listing fee recites that the company
was organized on April 9Th of this year
with capital of 100000, represented by
l,WO.OOO shares of the par value OF lOc.
each. Jesse Knight is president and w.
there were $4,000 shares in the treas
ury. OF these $4,000 shares have been
sold leaving $4,000 shares still unissued
The statement shows, also, that there is
s., 1920 cash in the treasury; that the
company has no debts; that none of its
claims are held under bond; that three
of them are patented and that the re-
naming six have been surveyed for pat
ent. There is a 400-foot tunnel in the
property and ten men are now employed
in development work. The ground is To-
Gated one and one-half miles from the
railroad and machinery for the proper
equipment of the property has been or
dered- Ore in commercial quantities, the
statement says, has not yet been opened
up.
The Crown Point company's property
fianks the Colorado bonanza mines along
the east and southeast sides and tudg-
ing from the action of the stock, if moth
ing else, the ore bodies Of the Colorado
are counted high to make into Crown
Point ground Aside from this possibil-
ity, IT is stated that the Crown Point
ground carries a splendid ledge of its
own, and camp oraeles declare that
enough work has already been done in it
to show its exceptional value.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-09
UNCLE JESSE KNIGHT TALKS
Says He Doesn't Expect to Get Beck
Tunnel Vein in American
Ground.
Especial to The HeraId.D

Provo, July S-Jesse Knight, who re-
Gently secured a big block of stock in the
American cOmpany's ground, in TintiC
claims he does not believe the Beck Tun-
mel vein extends into the American
ground. He said this morning to The
Herald representative:
4 understand il has been published that
the Beck Tunnel vein has gone or is likely
TO go into the ground of the American
company This is not the fact. / have
never believed and do not now believe
that there is any chance whatever for the
Beck Tunnel vein to go into the American
ground.
II do believe that the Beck Tunnel
ground itself will carry the Beck Tunnel
vein for the full length of the Beck Tun-
mel ground, a distance of more than 1000
feet In purchasing control of the
American companys stock If was not with
any idea that the Beck Tunnel vein would
go into its ground, nor that there was a
chance OF the Big Eastern vein, east of
the Beck Tunnel vein, making ore in the
ground of the American claim, which vein
L believe Is entirely separate and indie
pendent from the Beck Tunnel VEIN"
The Surprise Mining company has COM
menced suit against Charles Tying and
Francis Tying to collect SIS, 600, the value
of ore alleged TO be owned by plaintiff
and to have been taken by defendants
since Nov 20, 1906, from the ore house and
the vicinity of the ore-house of the Wyo-
ming mine in American Fork canyon.
c F. DietZ, mining expert of Boston,
who, however, is located in Salt Lake, is
here today in conference with the Pelican
Point Development company, whose var
led and valuable properties across the
Utah lake at Pelican Point have been
mentioned in The Herald.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-09
DOINGS OF UNLISTED
STOCKS ON EXCHANGE

BY the action of the company in list
ing the stock. Crown Point is eliminated
from consideration in this report and that
Is one good thing about Uncle Jesse
knight and his companies When he or
ganiZes a corporation and gets it properly
financed he invariably gives it dignity by
having il go on the exchange where a
formal market always exists and where
reliable quotations can be had upon IL
Well Crown Point is gone, but there are
plenty of others to command attention
Bingham Standard was dealt in during the
day at SIC and Copper Glance, which is
stepping to the front at pace suggested
as rational by recent reports from the
property and a knowledge that someone.
approaching its value, is gradually taking
il up made gains during the day that
attracted considerable attention. East
Crown Point Consolidated, which was or
ganiZed only few days ago, and which
put out its first allotment of treasury
stock at &C and had il gObbled up within
q few hours. sold at &c with everything to
indicate that il will go up the line rapidly
from that price. Another new candidate
for favor was American Mining. which
sold at 35c as a result of the passing of
control to Jesse Knight and a statement
to the effect that the ground contains
the Beck Tunnel ledge.
Among the more Staid traders in the I'M
listed category which did business during
the day was East Tintc Consolidated,
which sold at 17lac and lie. Ohio Copper,
with sales at S6.25. Mason Valley at s.. &c
10 81 20; Federal Ely at 65c and zoe, Nc
Donald Ely at soc and Wheeler at 3Sc.
Quotations were made on other stocks,
without sales, as follows: Emma Copper,
16Ied20c. Ohio Kentucky at $3.50q395, Uin-
tab Treasure Hill 15c bid, Western Nevada
Copper 81 asked, with Yerington Copper
at 1gN2lC.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-09

MINING STOCK EXCHANGE.
Following Holiday Season Lively
Tradinq Is Resumed.

After the four days holiday business
was resumed on change yesterday and,
pending the filling of accumulated orders.
business went with rush and prices were
generally strong. During the two regular
and open board calls a total of 1881
shares Of stock, with selling value OF
SIS, $685. changed hands.
Tintic stocks, as usual, held sway ana
at no time in the Dast has there been
so much activity nor half as much excite
ment as characterized the trading in them,
particularly during the morning hours.
Crown Point, which was accepted for list
ing during the day, was about the live
liest of the lot, with Sioux Consolidated
a close second Nearly 1900 shares or
Crown Point changed hands during the
day and il was remarkable that the price
was not broken badly before the close.
1t was started at 81, rose sc and then
gradually eased down to CSC Sioux Con-
soTdated walked right up the line from
45c to ole and stayed there. May Day
was lively, but the dividend did not help
the price any. In fact, it dropped a cent.
Beck Tunnel was bumped a little, so was
Iron Blossom and Uncle Sam, while New
York, Seven Troughs, Colorado, Mountain
Lake and one or two others behaved as
though they might go still higher.
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, 1907-07-09
Mining Notes.

Alex Goliath and John T. Hodson went
to Alta Sunday to look over some of the
bonanzas, present and prospective, of that
lively camp.
The Pioneer sampler yesterday re
leased eighteen carloads Of ore from
Utah mines, four from Nevada and one
from Montana.
Lafayette HolbrOOk, president of the
Grand Central company, was up from the
south yesterday, looking after business on
this end of the line.
Eighteen carloads Of ore from Utah, two
from Nevada and one each from Idaho
Taylor & Brunton sampler yesterday
morning.
Harry S Joseph was due to return from
Denver, where, with George W. Ritter, he
has been attending meeting of one Of
the important committees of the Amerl-
can Mining congress, last night.
w. H. Clark; who has been east on bust
ness connected with the Round Noun
tain Sphinx and other Nevada PROPOSE
lions with which he is prominently iden-
titled, returned home Sunday night.
In referring to the big minority inter
ests in the American company Sunday
morning the name of L. r. Martineau
was used. II should have read Thomas
Marioneaux, as the judge is the man who,
with Judge o. W. Powers, was meant.
After spending several days at the
property and after having discussed mat
tiers with the other directors, H. Otto
Hanke, president of the Daily Judge COM
pany accompanied by z. A. Schumacher.
a prominent stOckhoider, pulled out for
Cincinnati again Sunday night There will
be important news from the Daily Judge
company before the month is over.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-09
MURRAY MAN
ON NEW CAMP
Engineer Joseph Timer Says
Queen City Is Coming
Right Along.
FIRST FINDS IN MARCH
LEDGES CARRY HIGH VALUES IN
GOLD AND SILVER.

Joseph Timer, city engineer OF Murray,
has returned from q several months trip
into the new Queen City district, Nye
county. New, where sensational strikes
OF gOld-silVer ore were reported during
last March by two prospectOrs named
Bosh and Pitt Mr.. Timer happened into
the country right on the heels OK these
men and succeeded in locating ten claims
On the same central lode in which the
original strikes were made.
Mr.. Timer stated yesterday that he re-
manned al camp long enough to do the
necessary work to hold his claims and see
that they were properly mOnumented ana
taken care of according TO law, ana ne
then began edging toward home. He says
there are all Of fifty men in there now
and ali are busy dong work on the prop
critics they have been able 70 secure Pros
pectors are now rolling in from the Gold
field, KawiCh and other districts TO the
west and northwest, and Mr.. Timer says
II is already certain that there will be two
Queen City Will be on the west of the
district and new town 10 be known as
BreyfOgle will spring up on the east END
of the rich mineral zone
The district is reached from the south
by going to Caliente and from there 10 De
Lamar and Hiko- From the latter place
1t is about siXty-five miles north OF west
and nOrtherly from the Freibus district,
which, Mr.. Ulmer states, is also attract
ing a great deal of attention at the pres
ent time. Timpahute is also moving and
the Timpahute company is now placing q
compressor plant and other machinery
upon its property
At Queen City a saloon, store and lOdg-
ing house have been opened and other
lines of business will be represented there
during the summer. The formation is al
most Identical with that of GOldfield and
in the Bosh & Pitt properties ores run
ming from $40 to 1856 per ton in gold
and silver are being taken out OF the shaft
workings that have been started.
Mr.. Ulmer intends to incorporate his
ground during the summer and prepare
for a lively campaign Of development dur
ing the fall and winter months.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-09
ENGINEER w. A. PARISH
EXAMINING THE COMET

William A Parish, consulting engineer
for the Nevada-Utah company, has gone
into Beaver county to look over the COM
pany's Comet and Imperial properties,
adjoining the Cactus mines of the New
house company. While nothing has been
released concerning what the plans Of the
company are respecting the Comet and
Imperial the presumption is that live
ly campaign of development will be in
augurated at each during the present sea-
son.
The Comet lies so close in to the de-
Veloped portion of the Cactus mine that
there is every reason to believe that the
ground will contain a goodly portion of
the tremendous ledge that has made a
worlds marvel of the Cactus as a car
rier Of high grade copper ores.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-09
Other Districts.
SEVEN TR0UGHS TROUBLES
AS VIEWED AT LOVEL0CK

Concerning the troubles and partial
close-down of the mines in the Seven
Troughs district, the Lovelock Tribune of
Friday last says:
1T was understood Saturday that the
miners had, by action in a union meet
ing, decided to strike on Monday for
flat rate of S. per day for all men work.
ing under ground. The mine owners and
operators. hearing of this intention, fore
stalled the strike by closing all work
down Saturday night While this affects
quite a few Of the mines in the district,
Il does not affect them all for many
are working on their own properties or
leases and some had been paying the
scale demanded.
THE Kindergarten and Fairview, known
as the Friedman properties, have both
closed down, throwing about 125 men out
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-09
COPPER STOCKS IN
BOSTON AND NEW YORK

Following is the daily market comment
Of Paine, Weber & Co., Boston. together
with the range Of prices of copper stocks
and other Boston listings In which the
west Is interested, as well as a similar
feature that has just been added by
James A. Pollock & Co. to Its private
wire service, and from which it is secured
for use in this department of The Herald.
Boston, July s.-The market today was
most satisfactory. People who bought
last week took profits and traders who
were slow in buying were able to get
line at reasona BILE prices. Some good
news is coming on Shannon. All the
Copper Range around % was taken this
morning, and we th:nK it will advance
easily TO 30. North Butte should sell close
tn Amalgamated
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-09
Forenoon Sales.

Ajax, 100 at Csc.
at 37lkc2s 1900 at &c.
Star 1000 at 39c.
Uncle Sam. go at Sc: 700 at SIC; 1900 at
SIC; 100 at SIC, seller sixty days; % at Sic.
Beck Tunnel 600 at $3.50; 200 at S2.S5.
Black Jack 800 at 46c; 100 at Acc.
Iron Blossom, 200 at Sl.4T1z; 100 at $50
Little Chief 81 at Pike; 1000 at lie.
Mt Lake, 1900 at lie; 600 at 12c.
New York, 800 at 1Sc.
ACKNOWLEDGEMENTS, 1000 at 13c.
Scottish Chief, $500 at 44c.
South Col Con. 400 at $40; 700 at So. 1215.
Sioux Con, 600 at 45c; 300 at 46c; 800 at
soc; / 200 at 49c; 1OO0 at sic; 800 at 4Sc;
800 at 47c: 500 at 47c, seller sixty days.
Seven Troughs. 300 at 65c; 200 at 66c.
VictofS6,500 at lie.
Open Board.
Beck Tunnel, 1000 at $3.50, buyer sixty
Columbus, 300 at Sis; 800 at $50.
Carisa, 400 at 47c.
Crown Point, $500 at 81; $500 at s1.O21k;
S,eOO at Sl-05-
Cyclone 800 at 2i4c.
Mt Lake, 100 at &c.
May Day, LEO at &c.
Sioux Con, loo at 4Sc.
Seven Troughs, 500 at CSC.
Shares sold, 76,711; selling value, s49,
1885.
Nav Dav, 600 at SIC; 100 at 371kc.
Uncle Sam, 200 at SIC; 500 at SIC, seller
'I Beck Tunnel, 800 at $3.50; $50 at $40; 600
at 500.
Black Jack, 700 at 44c.
Colorado 100 at $3.50.
Crown Point, $500 at 81; 100 at s1.02lz.
Iron Blossom, 200 at s1.45; 200 at $40;
800 at SIS712; 700 at s1-35.
Mt. Lake, 800 at Tic; LOO at 72c.
New York, 800 at 48c.
South Col Con, 100 at 1910.
Sioux Con, 900 at 4Sc; 600 at Acc: 200
at soc.
Seven Troughs, 100 at Sc; 700 at &c.
Victor Con, 1.O00 at 1612c.
Yankee, 100 at Gle.
Open Board.
Beck Tunnel, 800 at s2s71k; 100 at s2s21z;
800 at $50.
Crown Point, 80 at 81; LOO at CSC.
May Day, 1000 at &c.
South Col Con-, 100 at sS.071z; 100 at s3.05.
Star Con-, 800 at SEC
Sioux Con-. 100 at soc; 1000 at sic; 200 at
SIC buyer sixty days.
Seven Troughs, 90 at &c; 200 at CSC.
Shares sold, 1880; selling value, S28,
914.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-09

of employment. The Mazuma Hills are
working right along. The Seven Troughs
Buckhorn has closed down temporarily.
There is no doubt that the business IN
terests of the district are affected to some
extent but not to the extent that some
may fear.
lit is the general hope that this shut
down is only temporary and that the diff
ficulty between the employees will soon
be adjusted and that the development of
the camp will go right ahead on a basis
that will be just to all"
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-09
Brown Palace Extension.

Two shifts have been put to work by
Manager Walter O'Neil on the Brown Pal
ace Extension, promising property own
ed by the Rosebud Extension Mining
company A tunnel will be driven to cut
a goOd-looking ledge from which encour-
aging assays have been taken from the
erty is located is precipitous and the tun-
mel will give depth of about sixty feet
for every loo feet of work.
Irving X. Harrington, of the New York
and Philadelphia brokerage firm of Ir-
wing K. harrington & Co., who are
heavy stockholders in the Rosebud Ex-
tension Mining company, and w. II. Fer
gusOn, travelling engineer for that firm,
inspect the Brown Palace Extension, and
to get line on the camp in general.
Golden Anchor.
The lower shaft on the Golden Anchor
is now seventy-five feet deep and is 60
ing down as fast as two shifts can sink
IL. During the absence of Manager w.
J. Lawrence, Charles Ward, an expert
work It has been determined by the
directorate to sink this shaft to depth
of 200 feet before turning drifts on the
vein. The crosscut tunnel is now in
more than 400 feet. The company at
present employs nine men.
Golden Triangle.
A contract to sink fifty-foot shaft on
the Golden Triangle has been let to Mich
olson & Toner by the manager of the
Golden Triangle company. Considerable
trenching has been done on this ledge,
and the directorate of the company upon
the advice of Manager Henry T. Abstein,
decided to sink upon a thirty-inch vein
of $42 ore. This makes five shafts now
in operation.
DreamIand.
Sinking on the Dreamland's lower shaft
has been retarded somewhat during the
week by the lack of mining timbers.
Manager Harper states that the ore in
this shaft looks better with each foot of
depth, and he is consequently anxious to
see it go down. A carload of timbers is
expected to arrive within few days and
work will then be continued without in
terruption,
Rosebud-RattIer.
Under the management of o. J. Laing
work Is proceeding satisfactorily on the
Rather. The tunnel is now in more than
100 feet and is rapidly approaching its OBJ
jective point
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-09
MAY BE COBALT STRIKE.
Miners Are Dissatisfied With Wages
and Shifts.

Cobalt, Ont, July S.-A strike of miners
is imminent. A meeting was held yes
terday at which a majority of the men
employed in the mines expressed them
selves as unwilling to accept the cOmpa-
MES schedule of wages. An the principal
companies here have signed an agreement
to abide by the proposed wage schedule
and if the men reject it a strike will be
declared and about 1900 men will quit
work.
The grievances are principally over the
wages paid the surface men and the
length of the shifts of the underground
miners.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-09
Ore and Bullion.

Ore and bullion settlements in this city
yesterday, as reported by Mccormick &
Co., amounted to $4,000, as follows: Sill
yer. lead. gold and copper ores, $1,000;
base bullion $50 COO
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-09
Metal Markets.

Silver, 673sc per ounce.
Copper (casting), Z%c per pound
Copper (cathOdes), pc per pound.
Lead. SD per 100 pounds.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-09
New York Curb Close.

Stocks in San Francisco.
The closing quotations on Nevada
stocks IN San Francisco yesterday as re-
ported over the private wires of James
A. Pollock & Co, were as follows:
Comstock.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-09
OPERATIONS AT ROSEBUD.
Review of Past Weeks Doings in
Camp Where Salt Lake Is in Deep.

The new shaft on the Brown Palace, in
the center Of twenty feet of rich ore. is
down about ten feet, and the values In
the bottom of the shaft are higher even
than on the surface, says the Rosebud
Mining News Work is progressing on
tunnels Nos. 1 and at the rate of about
fifteen feet per week. SO soon as the
work can be shaped to permit it, Captain
Case will INCREASE the force.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-09

When you want good printing call on
the Century Printing Co., Salt Lakes
printers, Is5-l67 South West Temple st
Both phones, Goa.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-09
PARK CITY ORE SHIPMENTS.

Ore shipments from Park City during
the past week, as reported by the Record
were as follows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-09
\ Rosebud Rather.

Under the management of o. ]. Laing
work Is proceeding satisfactorily on the
Rather. The tunnel is now in more than
16O feet and is rapidly approaching its OBJ
jective point
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-07-09

Alex. Goliath and John T. Hodson wen
to Alta Sunday to look over some of tn
bonanzas, present and prospective, of tina
lively camn
Rogue River courier. (Grants Pass, Or.) 1886-1927, 1907-01-25

Oscar Williams killed one hog last
Saturday that dressed 81 pounds and
then could have been fatter.
A very nice crowd of the young
people at Murphy visited the Literary
at Laurel Grove. We were glad to seq
them come and hope they will come
often in the future.
Oh yes. "Shorty" forgot sbout
you. Those beets are all sold. They
went like hot cakes at $50 per ton
only took four to the ton. And in
regard to the roads in your district.
You might put in a days work and
fix your road instead of finding fault
with the supervisor.
wonder what has become of
Jumbo, who wrote from here
l did not mean to take his
items away from him so do not get
mad Shorty"
Our literary was fine last Saturday
night A short program was reu-
dered and mock trial took place
willard Topping was arrested for
stealing apples from George Winning
l.. W. Carson was prosecuting at.
torney, while attorneys Jeter and
Knox were for the defense. Louis
Mitchell, Judge. The jury returned
verdict of not guilty.
Have you seen those whiskers on
John Knox's face.
II. ], Smith is very sick at this
writing.
Seems all our reporters were a little
late with their items week before last.
Better hustle this week
Saturday night there will be a de.
bate at Laurel Grove the question to
be From which do we get the most
knowledge, travelling or reading?"
Everybody cordially invited to attend.
Frank Hyde got lost last Saturday
night but found the way to jeff Lind.
says house by the aid OF Miss Lena
and lantern which they had with
them.
Our reporter is on the bright side of
life at this issue.
Most all stock cattle are looking
Tine and will be in good condition IN
20 on the range next Spring. Walter
Farra will drive about 80 head TO the
head of Murphy creek.
No sickness to report as this is
very healthy burg,
We are sorry to lose another Of our
neighbors, Mr., Morris, as he is NOV
ing away. RED CLOUD.
Rogue River courier. (Grants Pass, Or.) 1886-1927, 1907-01-25
CL- E M E N S
IS Ell L s
BOOKS AND DRUGS
qsSssfE qssSssfE GRANTS PASS, ORE.


R. A. Dean came up on Sat-.
from Galice where he ba.
mining for several weeks mas, !.
at home for a few days. Wbn
was going in, transporting ov..
trail by pack horses his nro,i.
and outfit for bachelor existano.
of his horses fell off the trail
rolled for some 80 yards down .,
tremely steep and rugged slone N
tering groceries all the wa, n
pack saddle was torn to splinte,.
it seemed incredible that tba T.
should not be killed. The a,;s'
after rotating speedily down the n
intersected log in his carea, !.
stopped with much suddenness "a
straps and ropes were cut and III. !,
bris Of pack and trappings clan,
away, the horse was rolled owe, =,
assisted to his feet, little the va,
for the experience.
Rogue River courier. (Grants Pass, Or.) 1886-1927, 1907-01-25
Presbyterian Church.

The two subjects which Evan P.
Hughes, Pastor of Bethany Oh urch,
proposes to discuss on Sunday, Janu-
ary 27 are the following:
IL a. m.-The Two Great Cstegories
into Which all Things of the Universe
Falls 1870 p. m.-" The Art of
Listening The other exercises of
the day are Bible School, under the
superintendenoy of H. c. Kinney at
10 a. m. the Jr. C. f. at p. m. and
the Devotional Hour of the Y. P. S.
@. E. at 6:3O p IN.
At this church you will always re-
ceiye a cordial welcome and, instead
OF being treated to musty and ancient
theological hash, will hear a timely
presentation of truth that touches the the
life of today.