davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-09
utah STOCKS CO
DOWN IN SYMPATHY
Eastern Market DragS COppers
Below Level Justified by
the Conditions.
MINES GENERALLY OF
UTAH IN GOOD SHAPE
Local Circles Are Optimistic and
Look for Satisfactory
Business Soon.

Dilirent inquiry among the local tall
ont who keep in close touch with The
mining stock market was productive OF
nothing further 10 explain the present
state OF the Eastern markets than the
fact that il is AS difficult 10 account for
the action OF stocks as IT. is 10 account
for different tastes in people. Some in
vestors believe that the strong fellows
back East are squeezing out the weak
sisters preparatory 10 starting In on
the spring campaign Of heecirg one
another Others lay the blame 10 tlght
money, and admit that the latter might
be one of the weapons TO be used for
the former purpose.
The Utah c0ppers have lost considera-
BILE during the past week. But this
has not been due 70 any other reason
than sympathy with n weak market. To
use an illustration. the Boston Consoli-
dated stock has sold from $50 Of two
weeks ago 10 S27 or perhaps less the
present week. During the month of
last February the Boston Consolidated
experienced ono of the most prosperous
months of It's history. A larger ton
mage of ore WAS handled. greater
net profit was made by the company,
than dnrinG any previous month. and
each new month brings the management
that much closer TO the door of the
concentrating plant at Garfield.
The Utah Consolidated is another
heavy sufferer, yet this organization
maintains It's usual rate of activity and
dividend distribution. The Bingham
Consolidated has lost considerable
height IN stock price level. yet that
company Is proceeding along it's way
enjoying an unprecedented era Of pros
perity. Without single exception it's
numerous properties are showing M
better than ever before IL is pointed
out, therefore, that when stock loses
millions IN few days there is some
thing stronger behind the move than
the average man or combination of men
can withstand, and Utahs are suffering
IN sympathy with the Stocks of all the
copper camps throughout this country.
The general feeling IN local circles,
however, is more optimistic now than
1T was the first Of the week
In searching on Friday for interviews
regarding The present situation, and the
outlook for tho future, in local circles.
1T was found extremely diflicultsto get
men prominent in mining affairs to per
mt their names to be used in connection
with their sentiments. II is not human
nature, as stated by several, 10 look a
poor market IN the face with a smile
on Your own, but the future right now
IN Utah is full of qualification for those
interested IN the mining industry, and
lew IT any, however inclined they NAV
be To pessImism, were found who couId
picture the immediate future for Utah
IN any but light shade.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-09
YERINGToN IRONSIDES,
Company Makes Ready for Active Cam
paign of Development Work.

That work in dead earnest will soon
he on at the property Of the GerIng
ton Ironsides company at Ieriugton is
apparent from the preparations that
are being made for the development of
the ground within this organization g
lines 1t was stated Friday that Man
agcr Fred Flindt expected to leave for
the property within the next day or
two. and that an order had been placed
for a whim and other supplies for pre-
paratory work.
1t is the intention OF the management
20 send shaft down to the 20ofoot
level without stop, for by that time
sufficient ore is expected to be de-
veIoped to Justify the installation of
heavy machinery The Yerington Iron
sides company is composed largely of
Salt Lake talent. and ii is understood
that the treasury rs sufficiently well
stocked to give development work II
great impetus. The property of the
company is one of the most desirable
IN the Yerington region, being admira-
bly, located and extremely generous in
its showIngs Of red metal
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-09
Mining Notes.

Secretary H. Barnett, Of the Cedar
Mining company, left Friday for the
property of the company in the Star
district Of Beaver county.
r. Hartwell. connected with the min
ing life Of Park City for many years,
was in the city yesterday on mining
business.
General Manager Boutwell,, of the
Sacramento Mining company, has re
turned from the East He was accom-
panied by Mr.. McConahay, one Of the
stockholders in the company.
General Manager ]. McCrysiaI. Of the
Godiva company, has returned from n
visit to California. Mr.. McCrystal viii
visit the property at Tintic Monday to
mako an inspection of the property.
j. Obcrndorfcr has been selected as
the manager of the Nevada Silver King
COMPANY, operating IN The Buena Wis
Ia district Of Nevada, and a complete
llne OF mine supplies has forwarded 10
the mine. Mr.. Orberudorfcr leaves to-
day for New York, but whether or not
his trip has any connection with the
above company remains for the future
to disclose
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-09
Company Finds Another High
Grade Chute Upon the
Four Hundred.
ORE AVERAGES VERY
HIGH IN COPPER
Lawrence Townsend Returns
From the Beaver County
Bonanza of Company.

Results arc coming so generously with
the Newhouse operations that it is no
easy matter to keep in touch with the
situation Another very Significant de-
velopment has taken place in tins noted
Beaver county mine, the 400foot level
being the scene of the discovery which
is n character OF copper ore that VIII
compare favorably with that on the
6O0-foo1 level. Lawrence Townsend
former United States Minister to Bel
GUM and who has become associated
with Mr. Newhouse in the mining bust
ness, returned 10 this city Friday from
the Newhouse property. This was Mr.
Townsend s first visit to the mine since
Christmas and the change that has TAX
en- place in the property since that
time, he states. is remarkable,
While at the mine the first ni the
week for two davs. the company sent
out Two cars Of crude ore that averaged
o. percent copper. and per cent, mons
ture: also five cars of concentrates,
making a total Of 10000 pounds of
copper sent ont IN this period. This
is q record that the Cactus operations
have never reached before. and rs mere.
" the prelude TO the programme that
will be followed this simmer II is
understood that the management Of the
Newhouse company has spoken for elgh.
tv cars for the month of March to haul
out ores.
N is on the 400.foot level. stated
Mr. Townsend. that attention Is beng
attracted now. OF to the northwest
the management has found new chute
of rich orc that shows a width OF 90
feet 81 far. This chute has not been
explored along its strike for any dis
tance. so its extent still remains for
the future 10 determine. But that IT.
will be n banner resource, few If any
doubt who have seen it, and compared
1t with the bodies had below. Mr..
Townsend states the ore is n heavy
chalcopyrite and will average between
% 10 % per cent red metal.
On the 6O0-foot level, he states, the
management is working with ore all
ronnd, no limit to the resources having
been found to date. How extensive
these resources are TO he on tins level,
no one will predict, but sufficient IS
being shown the company TO feel as.
sured of the future. Mr., Townsend
states that the new shaft from the 600
level will, in all probability, be started
today, every thing being in readiness
for this work 10 proceed. The shaft
is thought destined TO show up even
better results than any work hereto
fore started by the company. IL starts
down in 6 per cent copper ore, states
Mr.. Townsend, and in short distance
should be in the richer grade now
shown on the 600 level. Mr.. Town
send states that nearly everyone at
Newhouse is purchasing in the New
house stock, no salary or wages are
deemed bar to gathering in some of
this stock Mr. Townsend was delighted
with conditions as ne found them.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-09
CAR OF QUICKSILVER
READY FOR SHIPMENT
Sacramento Company Only
Needs Few FIasks to Mar
ket Its Product.

Utah s quicksilver producer, the Sac
ramcnto company, is about IL demon
strate lis usefulness again 10 the East
ern market with a car of the pure MGR
curry, there being sufficient of the slip.
perry metal at the property 10 fill car.
load of TASKS. 800 in all, The Sacra-
mento company, however, is laboring
under a difficulty at the present time
that prevents this shipment being
moved as was planned by the manage
ment.
This is the scarcity Of TASKS. Resort
was made to the Delamar company in
the south, and the problem seemed TO
he solved when the washouts upon the
Salt Lake Ronte prevented Ibe TASKS
reaching this city. The management,
however, is optimistic. and while not in
dulging in any predictions regarding
the exact date OF arriva! for these
TASKS il IS apparent that they look for
them within a short time.
Each shipment made by tbe Sacra-
mento company of quicksilver brings a
substantial sum into the treasury, The
TASKS containing Is pounds of the metal
and quoted at New York at the pres
enj time around 81 per flask.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-09
FORENOON SALES.

AJAX, 200 al &c.
DAILY Judge. 100 at $1o,t2t; 40 at s1O25.
Grand Central 100 at $i.6O; so at 81 so.
Silver King. 25 at $3.50.
star Con. 1000 AT 32c.
South Swansea. zoo nj ojc
Uncle Sam. 900 at 62c, 500 at sic, seller
sixty days.
Beck Tunnel 1000 al sl.S5.
Colorado Mining. 1900 at $40.
Mountain Lake, 400 at Ole
South Columbus, 100 at Sl.77I; 100 at
Yankee. 100 al Csc.
Shares sold. 6315.
Selling value. Sl0.035,5n
OPEN BOARD
Col Con, 100 at s6.75; 500 at $3.50.
DAILY Judge, 100 at $10.l25
Little Chief. 1000 at l5lc
1000 at 30c.
Nevada Hills. 200 at $3,77s.
South Col. Con. loo at Sl15
Yankee: 100 at Csc.
Joe Bowers. 1000 AT 2ic.
Shares sold 1155O
Selling value. Sl3,9li. %,
AFTERNOON SALES.
DAILY, 100 at S275
Lower Mammoth. 100 at S225
May Day 1000 at 30c 50n at 3Osc
Nevada HIS. 300 at $3.7I5.
SIC. ''o "'
Tncle sam, 700 at SIC.
Beck Tunnel. 200 at 81 So.
Black Jack. 100 AT T2c.
Colorado Min. 200 AT $242d.
Dromedary Hump. 100 at zoe
Ingot. 1000 at &C.
Little Chief. 500 at I5c
Mountain Lake 1000 al 92c
Seven Troughs. 500 at tic.
Yankee. 500 at Csc: 100 at &c
Shares sold ii 200.
Selling value. SSS36 80.
OPEN BOARD.
Black Jack, 500 at lie
Col. Con. 100 at $50. % AT Sc %
Colorado Min. 200 at $2.42S
Dromcdary Hump 100 at 75c
Little Chief, 500 at l6tc
May Day. 500 at aOSc
Nevada HIS. 100 At $3775
Tetro. 1000 at lSc
Uncle Sam, 100 at Sic
Yankee, loo at 6Sc
Shares sold, 20,475
Selling value: S34,665.75
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-09
NEW TALENT ENTERS
THE STRENUOUS LIFE
Beason and Gordon Combine
Forces to Operate Mines
i'm Two States.

A firm to transact = brokerage an"
general mining business IN TINS clty
has been formed by Lewis II. BeaSon
and Louis u. Gordon. the firm 10 be
successfully launched upon IT'S career 10
day. MIR. Beason is the present mining
editor Of the Descret News. but ms
resignation in such capacity takes ehecl
tonight Mr.. Gordon is the discovcrer
of the district OF Round Mountain, an"
aside from holding extensive mining IN
tercsts in that district, he IS member
Of the stock exchanges of Round Noun
tain and Salt Lake City. Mr.. Gordon
is now making his home in salt Lake.
Both these gentlemen have strong
connections in Utah and Nevada. Both
are well known, and Mr., Beason IN
giving up the newspaper work goes ont
upon n new line with a large circle OF
warm friends. who wish him tho best
Of good fortune in everything he un'
dertakes Tho new firm viii have q
suite of Offices i'm the Herald block, and
Mr. Beason states chat II is not neces-
sary for folks who come to visit to
knock,
The new firm VIII handle and oper
ate mines in Utah ard Nevada, cmpha
sizing tho district of Round Mountain
MS q starter.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-09
UINTAH TREASURE HILL.
Rumor That. Mine Is Closed Down Is
Emphatically Denied.

There was rumor current in local
circles Friday that the Uintah Treasure
Hill company had closed down the mine
Mt Park City, and that the miners had
been laid Off. Director W NJ. O'Brien
of the company, when asked Friday
evening regarding this report, stated
that there was no truth in the report,
plating the closing of the property,
especially at "A time when everything in
an ore-developmeut way, was coming
the company s way. Mr. o 'Bricn states
that the property is in splendid con
dition, and the management viii keep
at the property for all it is worth dur
ing the season
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-09
SUCCESS OF THE GIRoUX.
Big Pumping Plant Is Being Installed
by the Company.

a contract has been closed between
the GirouX Consolidated Mines company
and f.. Riveroll & Co, Of Los Angeles,
for the installation of n pumping plant
Of 325 900 gallons daily capacity, work
ing against 1900 foot heat, al the Alpha
shaft AT Kimberly, says the White Pine
News.
Power Will he furnished by three $50
horsepower boilers and 200 horsepow
or Corliss engine, driving a l50-kilo-
watt generator. The main pump will be
a quiutuplex. and will be electrically
driven. This Will be installed in a sta
tion TO be cut al the l000-foot level.
There will also be an electrically driven
sinking pump designed to work against
Il 350-foot head, The water column
will be operated under a pressure of
$50 pounds to the square inch. 1T will
he tested TO 1000 pounds to the square
inch
Machinery for this plant has been or
dcred by wire Most Of it Will be
shipped next week, and will come on
through by fast freight. The Giroux
smeltcr is now completed except for the
stack, which will arrive shortly. The
gallows frame at the Alpha shaft is
now under construction, and $50
horsepower double engine direct motion
steam hoist has been installed
lhlS RAPID preparation mas boan IN
duced by the discovery Of high grade
ore in quantity in the Alpha vein.
Pending completion of the pumping
plant ore bodies discovered in tho 1000.
foot crosscut will be explored and pre-
pared for extraction, the plan being to
blow in the smelter on or about June
/. Immediately after the pumping
plant is in commission sinking will be
resumed.
Assay sheets confirm reports concern
ing the high grade orc body discov-
cred by drilling vertically from the
l0OOfoot crosscut The drill hole is
ffty-eight feet deep, and according to
the dip Of the formation indicates an
ore body over thirty-six feet thick.
The last core was still very high grade.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-09
DAY ON CHANGE.
Good Trading Continues 10 Be the Rule
on the Exchange.

During the day yesterday total of
1850 shares ssed hands representing
market value of $67.i52O0 The higher
priced stocks we're active as usual. Thore
we're several sales registered by un-
listed stocks. Copper Glance sold for
% and 25l cents; Standard Copper sold
from ST down To 96 cents. striking each
level between those points; Emma Cop
per held up well in the face of many
sNlling orders, going at 62 cents: Federal
Ely sold for a3 ccpts; Ohio Copper sold
for S5.25, Newhouse brought S21.SIl and
S2l %; 5000 shares OF the Ely Witch sold
for Sl.25 q share; Mcdonald Ely was Of
forcd at Sl,S0; Eureka Swansea ENten-
sion closed at 10 cents; Ohio Kentucky
closed $40 AT $40: Cedar closed so
cents hid. Bingham Copper closed AIS at
I2 cents; for YeIIngton Ironsjdcs 20 cents
was bid: for Wheeler 10 cents was bid {;
for Western Nevada Copper 81 was
bid. with no sales. The quotations on
listed stocks closed as follows
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-09
ZENoLI ORE MARKETED.
Good Averages Being Sent in by Utahns
From Palasade.

Lot No, 2 from the Zenoli propcrtv
AT Palasade, New, consisting of about
DO tons of ore, was settled for Friday
IN this city, and the assay sheets show
that this car averaged 95s ounces sill
Yer, 80 per cent lead, il per cent COP
per and lo-2 per cent IRON The Zenoli
company Is composed entirely of Salt
Lake talent. and they arc satisfied witb
the manner in which the property is
responding to the efforts Of the man,
agement. Steady shipments are TO he
made during the summer.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-09
Tribune Agents in Nevada.

Copies OF The Tribune will bo found
on sale in Nevada at tho following.
Beatty-MarlS &c Hancock.
Cherry Creek-Grey & Collins
Caliente-John Shier.
Dclemar-M. G. Kelly.
Ely-Thomas ODslovich,
Eureka-Ernest II Mau.
Goldneld-Frank Landstrom, Hunter
Adv. 6. Pub. Co,
Gold Butte-W. F. Sharp.
Las Vegas-F. T. Shannon. S. l.. News
Co.
Manhattsn-Neson & Roundsvell
Reno-Rosenthal 81 Arnanko, Shepherd
& Son
Rhyolite-Sam Spers.
Tonopah-W. III. q ONcill A. H Rounds
well. Sherman & Oldfather.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-09
Ore Shipments

The Pioneer sampler released the fol.
lowing cars of ore Friday: Utah, g.;
Nevada. /
The Taylor and Brunton company re.
leased the following Nevada. s; Utah.
3; Idaho, 3; California, .; Colorado. >,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-09
NEW YORK EXCHANGE.
Listing of Stocks Thought to Be Open
ing Of New Era.

Listing of Stocks Thought to Be Open.
ing of New Era
NEW YORK, March S.-The listing
of Tennessee Copper and Utah Copper
at the stock exchange will. 1t is be.
llcved, be followed by others There
has been a sort OF race between some
mining firms for recognition by the ex.
change of their respective properties
and friends or these two companies, es-
peclally the Tennessee, are jubilant over
their success in satisfying the listing
committee of the real merits Of the
mines which they represent What will
be the result of the present movement
IN tho direction Of listing is still mat
ter of conjecture.
Tennessee Copper is the first of the
copper stocks whose par value is less
than 500 n share 10 be quoted on the
stock exchange on the dollar instead of
on the percentage basis. The shares
have been active and we'll bought The
company is now engaged in constructing
a chamber plant for the production OF
sulphuric acid and before the close of
the year ITS management declares il Will
he producing at the rate Of 400 short
tons of 90 degrees sulphuric acid per
day. The growing increase in the use
of fertilizers in the South indicates
ih"l an IHiS dSlu VIII ne absorbed In
the fertilizer business without in any
way affecting the price Of that COM
modify, and very large revenue may
be expected from this product.
The general condition of the copper
market promises very good prices for n
considerable time to- come The com
pany has great deposits of ore low in
copper, but high in sulphur ON its En-.
reka mine, which in time promises TO
be of very great value in the manufac.
tnrc of sulphuric acid and relatively for
the very small amount Of copper con
tanned therein. The management fur
ther observes that tho large reserves
and the known low cost of operation
of Tennessee almost take 1T out Of the
category of mining proposition and
put it in the category Of manufac
turing concern. whose future earnings
will be undoubtedly heavy. The com
pany is now earning at the ratio of
SI5O,0OO net per month, equal TO 50
per share on the stock. The dividends
for the present year will not be less
than 50 per share. probably PAYABLE
in two semi-annual installments.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-09
Nevadas in San Francisco.

James A. Pollock & CO. bankers and
brokers, West Second South, furnish
the following San Francisco quotations.
received over their private wire:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-09
Ore and Bullion.

The ore and bullion receipts for Fri
day, given by Mccormick g. Co. were
rs follows: Ore, $3l 900; bullion Ss5'.
600; gold, 100000.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-09
the Mntal Market

The metal quotations for Friday.
posted by Mccormick 6 Co, were as
follows; Silver, 6s5s; lead, Sc; copper,
24la~
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-09
Brave Old Warrior Dies.

MARSHALLTOWN. Iowa. Mar. S.
Former Mayor Nelson Ames who was a
captain in the Civil war. with re-
markabIe record for bravery. died last
night
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-09
New York Curb Market

James \. Pollock e. Co. bankers and
brokers, 8 West Second South street
furnish the following New York curb
wire yesterday.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-09
Boston Stock Market.

James \. Pollock & Co. bankers ana
brokers, West Second South. furnish
the following Boston stock quotations re-
ceiVed over their private wire yesterday,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-09
OTHER DISTRICTS.
San Francisco Mining stocts

SAN FRANCISCO. March S.-The Of
were as follows
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-09
Union Assay Office

M. S. Hanauer, J. V Sadle-
lo2 5. West Temple. P. o. Box l446.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-09

J: OBERNDORFER, STOCK BRO
KER, ISL 8. Main. Tel Bell 7o2,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1907-03-09

mexico consolidated .13lM132
CirouX . .....,,... ntt ~ "s -
..,iPIToinS -'-s-'.,-. -.-o..12 TDl2l
Daily capital journal. (Salem, Oregon) 1903-1919, 1907-06-11
WILLAMETTE FRUIT
AND pROnI1(,l

AND PRODUCE co.
Wholesale dealers and commission
merchants. Cash paid for Butter,
Eggs. Poultry, etc. w. e. Cummings
and G. A. Witeraft. Cottle block, sa-
lem. Or; ]. G. stapleton. sc Union
Avenue. Portland
Daily capital journal. (Salem, Oregon) 1903-1919, 1907-06-11
QUESTION UNSETTLED.

discussing the decision of the court
which refused the petition
lug the the
that there would equitable where
through
1t that
FhLE fLN FOR ADJUSTING CONFLICTING WATER
ACROSS STATE BOUNDARIES IN
to'E and given such sanction by the
Many millions of dollars
on
The possible development hndered the
uncertainty cloud existing creates
fhe whole problem ought be
Ways commissions and it could hardly powers
useful way"
The decision no, did
aea OF their respective shares leaving
state thought the other
ON rlE FEDERAL GOVERNMENT To ENGAGE IN
SUCH IRRIGATION been undertaken In recent
- '
The situation waterways commission could
probably Ike up ~
Daily capital journal. (Salem, Oregon) 1903-1919, 1907-06-11
WHAT ANIMALS CAN DO.

being written nowadays what animals do
and do not.
president
a article.
lie undoubtedly the right when he
of creatures
But animals do wonderful things sometimes.
as they are in the corn
American hog has
the wonderful things cornountry ad-
follows
walked his burial qudated the note on
the books; HE THAT PAID FOR
THE MATERIAL FOR STABLE FoR COW WHILE HE
WITHOUT DisooNfENTED GRuNT TOOK STRAW
PILE and his brought forth wouid
excel a 3-year-old value n tel months
that he the
that furnished the meno dress calico
and trimmings, and the smiles of JOY
REPLACED THE son HnUsE
THE sHANTY WITH COMFORrABLE OFTEN STATELY HOMES
lie paid for the boy for