davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-03
Mining Notes.

Eight cars Of ore from Utah and one
from Nevada mines were released from
the Pioneer sampler yesterday
John T. Hodson returned from trim
east, where he has been on mining BUSH
ness for several days Monday night.
Twelve cars of ore from Utah and four
from Montana were released by the Tay-
Tor & Brunton samPling company yester-
day.
joseph FarTon. general superintendent
of the Glasgow & Western eompanv's
Nevada properties, left for Nevada last
night.
J. H Collins, formerly of Houghton.
Mich, has been made manager of the
Sheba company's properties at Mill CITY.
New. succeeding a. II. Floeter
E. G. fireman.. who quit the mining ex-
change couple of years or so ago. has
purchased the seat formerly owned bv
George ". Heintz and has again applied
for membership
Colonel z. A Wall went out to Ring
ham yesterday 20 view the wreck of tbs
Wall mill and determine the amount az
damage he will exact from the Utah CON-
per company for dumping its ore so On
tremendously into the plant by the Gu
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-03
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 Hstings in which the
west is interested. as well as a similar
report on New York curb transactions.
feature that has just been added by
James 4 Pollock & Co. to its private
wire service and from which it is Sc
cured for use in this department OF The
Herald
Boston. April 1.-The London market
did not respond TO the advance made on
this market during their holiday and our
market opened weaker. but after the
first hour good buying appeared and the
tone was firmcr right UP to the close
Copper was slightly off on the metal eX-
change. but this is simply speculative
quotation and is not taken seriously by
the trade. We look forward for con-
tinued improvement in the market aud
advise buying the better class of stocks
on every 'eactiOn Of consequence Ior
higher prices in the near future
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-03
STRONG CROWD
FOR BEAVER co.
Fourteen Claims in Copper Belt
Are Taken Over by Big
Local Operators.
PROPERTY WELL LOCATED
DEEP SHAFT is TO GO DOWN AT
ONCE.

With fourteen claims thanking Samuel
NeWhouse : Copper Mountain group on
the south a basis, the Beaver Cop
per company filed its articles OF incor-
poration yesterday and became legally
qualified TO do business. The company
Is a powerful one and owns what is con-
sidered TO be one of the most promis-
ing blocks of ground in the copper belt
Of Beaver county. which Is every min
ute drawing more and more attention
nom the practical and we'll posted min
ing world The new company is capt
talized at 81 co 600 with shares at 81 par
and with 10000 shares in the treasury
Henry Catrow, former secretary and
treasurer Of the Ohio Copper company
IS president, \. J. BEETLES. chief milling
expert and metalluTgiCal engineer ON the
NeWheusc staff is first vice president;
a j. MCMullen president Of the Sky
ARK company, is second vice president,
A y McMulleu is secretary. and II. p.
clark cashier Of the Commercial Ma
tiOnal bank, is treasurer The officers
mentioned. with the exception Of Mr..
clark. are directors, the other members
OF the board being a ID. Moffat super
lntendent Of the NewhOuse Mines prop
ertles, James H. Paterson, hardware and
commission merchant. and Paul Z. Bank
er- d. =. ROhlfing. the well known min
ING engineer and manager Of the Frisco
contact and Lulu properties in Beaver
county, is consulting engineer for the
company. 1t was on the latters report
that the properties were purchased and II
was because of his opinion respecting the
combination was secured to take hold of
the proposition. Two of the claims are
patented and all are paid for while the
company begins business with a treasury
that insures an aggressive campaign of
development
The properties are located almost di-
reCtly east OF the Black Rock and Sky
lark companies properties and. as stated
south of NewhOuse's Copper Mountain
group, in the Beaver Lake district Beaver
county. Two lodges run through the
srOUnd. One. the north ledge 0utcrops
on the surface for a width Of 100 feet
and considerable work has been done upon
IT, Three Jr four shafts have been put
Gown and the deepest has attained
depth of IA feet. Tie south ledge. which
does not crop so boldly. is considered by
Engineer ROhlfing 20 be a continuation
of the same vein that has been opened
in the Black Rock and SkylaTk proper
ties to the west. No work has been done
on this vein yet.
Work i'm the north vein or ledge has
disclosed a wonderful naturalization of
the mass of ledge material through which
not little ore carrying up to I3 ounces
silver and % per cent copper has been
encountered.
At a point already selected by Engineer
ROhlfing it has been decided to sink
double compartment shaft 800 feet deep
without delay and so sanguine is the
management Of big results. that no at
tempt at prospecting the vein will be
made until that depth is attained. IL
other words. the cOmpanyS engineer al
ready knows just what needs 10 be done
20 develop the mine and that work is TO
be rushed from the start.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-03

BE carload The plant was wrecked a
short time ago by the overturning of two
cars on the Copper Belt line that were
loaded for the Utah Copper company's
mill.
George l.. Jordan, a Seven Troushs on
orator. Is over from camp comforting
with Salt Lake associates concerning the
launching of the Seven Troughs-TOmbov
Gold Mining company
H. S. Joseph has returned from an in
specuon OF the Cactus bonanza in Bea-
yer county He tells the same old story
mat mas come from every mining man
ana engineer who has been at the prop
erty during the last few months He
says II IS the biggest thing in the state
magnificent mine
Ely Mining Expositor: George Emerson
OF Lane county. returned last Sunday
from an inspection of his mines on the
mountain east of Heusser's ranch Vs
reports that the force of men emploved
nave run tunnel for a distance of 2s5
feet, and they expect TO encounter an
ore body. within a few feet. The highest
assay obtained from the workings went
slS In all the metals, the sample having
been taken from a six-foot vein
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-03
Legal Difficulties Settled.

All Of the legal actions in which the old
company had been involved have been
settled amicably, and the new company
will work in harmony with the Nevada
Consolidated Copper company, which,
with the Cumberand-Ely company. is
building the great Steptoe valley smeiters
at McGill.
The reorganized Chairman will pur-
chase adjoining properties and will begin
the long-delayed work of developing their
holdings on an extensive and far-reaching
plan. The directors of the company have
decided to issue a 81 000,G00 stock dividend
to the stockholders of the old company
April 10. and arrangements are now being
concluded to put the stocks of the COM
pany on the curb market in New York,
Boston, Philadelphia and Salt Lake
The old Chairman company a few DAYS
ago transferred to the Ely ToWnsite COM
pany its power plant. electric power
transmission lines. the old Chairman
milIsite and water rights and other
properties not directly pertaining TO it's
mining interests. The consideration was
not stated but is believed to have been
approximately 800, 900.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-03
NATIONAL COPPER BANK.
Big Men Behind 2o,ooo,ooo Con.
Germ That Will Help Mining.

A message over the Pollock private
wires yesterday quotes the Boston News
Bureau as follows:
1.-The National Copper bank Of New
York expects to open business May /,
with deposits of about S20O00,000. Elabor-
ate offices are now being fitted up in the
Trinity building. II Broadway. The board
OF directors will include Charles II. Sa-
bin, president; Thomas f. Cole, F. w.
Roebling Of the Roebling company of
Trenton; William A. Paine of Paine, We
Der & Co; F Lathrop Ames, H. II. Rog-
ers. L. II. BroughtOn, president of the
Utah Consolidated and son-in-law of H.
II. Rogers; Adolph LewisOhn, president of
the United Metals Selling company, and
Charles F. BrOOker, president Of the
American Brass company. There may be
several additions to this board"
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-03
New York Curb Close.
CHAIRMAN TROUBLES OVER,
Ely Company Reorganizes and viii
Now Cut Loose.

FIv. New. April Nv. y McGilL one
of the pioneers Of Ely, has Just returned
from New York. where he had been Tor
the last two weeks on mining business
Mr. McGnI confirms the reports OF the re-
organization of the Chairman MINING
company under the name Of the Chalh-
man Consolidated Copper company
The reconstruction of the company
comes after a full year OF litigation. ne
figbt has been one of the warmest that
has ever been participated in by Ne
vada mining company. All of the claims
against the company have been settled
however. and the discOrd which had for
merry existed has been eradicated-
The Chairman company was formerly
the Chairman Mining & Electric COM
pauv- The new company will have d
Capitalization of 100000 and the back
ing is being furnished by some Of the
strongest financial interests in New
York. The promoters of the new com
pany are Attorney John Bull of Elmlra
\. Y: Fred D. Smith, a Nevada mining
engineer. and Colonel +. +. WinsOr OF
Warren, Pa.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-03
STOCK EXCHANGE.
Local Market Still Holds Quiet and
Practically FeatureIess.

During yesterdays trading on the min
ing exchange a total of 81. 20 shares of
stock. with a selling value OF 81, S13 A.
changed hands The market was q repe-
ution Of Mondays performance, little IN
terest being shown in anything Butler
Liberal vas boosted to 2oc, and splendid
strength developed in star Consolidate 4,
which touched 39c. As matter of fact,
prices were pretty good all around. but
buying orders We're so little in evidence
that the trading was utterly devoid Of
the snap and ginger that accompanies
heavy trading
Following is the list OF final quota
tons and record of sales made during
the two regular and open board calls:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-03
EXCITEMENT At RAMSEY
Sensational Disclosures IN Com
stock Send Everybody
Wild.

Ramsey, April Salt I.akers are get
ting in good in this district The Ram
sey COmstock, now a famous mine. IS
owned almost entirely by salt Lake men
and the drift on the 160 has broken lhtO
phenOmenally rich ore, ore that makes
every Goldfield man that sees II SIT up anu
gasp.
One Goldfield man wanted to bet ne
knew so much about ore when ne saw u,
that this ore came from the MOhOWh- Al
that he was not to be gibed at, for the
ore on the COmstOck dump today looks
enough like Mohawk and Combination
Fraction, not to say Florence, that man
might easily be mistaken in II.
Gray copper sounds good, and sulpIlQss'
free gold and whatever else Is needed 10
make a fine ore, is contained IN TINS
water level rock. The ore assays as hlSa
as $3.50, and as low $500 a ton, Win
a copper content as low as per cent,
and as high as IS In place, with beau
tifui walls and too wide for the drift 70
show both walls, this latest find very
nearly resembles the real thing Ana
hdd 1t not been for the square JaWed per
sistence of this same Salt Laker, the ore
never would have been fond on this
level, for he determined u put in three
more shifts, so sure was he that the
water level and a cross seam should de
velop an ore body
Well, ne found it. The Ramsey Com
stock is a great mine NOW. the hind sight
is better than the foresight again, and
Salt Lake men are reaping the benefit in
the shape of hundreds of sacks of ore,
none of which run less than $40 ton
In value, and most of which averages
200 a ton
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-03
RICH STRIKE MADE In
ROUND MOUNTAIN COMB.

Ed II. Mead was in receipt of dispatch
yesterday advising him of a rich strike
that had just been made in the Round
Mountain Combination company's proper
ty at Round Mountain. A five-inch streak
of ore Is reported cut at a depth of FORTY
feet that assays SSH in gold, the streak
making in a great mass OF ore contain
ing fine milling values. The control of
this property rests with the Ish brothers
Of Goidfield and Mr.. Mead and the lat
ter are naturally elated over the news
that has reached him.
Mr. Mead states that the Combination
property is located on the same ledge
that has made the adjacent country rich
in placer gold and which has been so
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-03
History Of Property.

The Chairman was originally organ
lied by Dix w Smith of Elmira, y Y
i'm 1899 The company purchased proper
" in this district for which Sl5e.9o9 was
paid That was before the advent Of the
Nevada Northern. when Ely was remote
from a railroad and could only be reached
by stage Prominent in the affairs of the
company at that time were NJ. Hibbard
of Elmira. L. r. johnson Of Elmira. J.
V Stranton of Corning, \. Y and other
financial men of equal prominence. The
company spent S150,0o0 in improving the
properties purchased. but the company
did not prosper
A sentiment was created among num-
Der of the stockholders to sell the prop
ertv to the Nevada Consolidated Copper
company. and a sale was eventually ne
gotiated on a basis of 100000 for the
property Litigation followed the express
siOns of dissatisfaction on the part of a
number of the shareholders and a receiv-
er was appointed
One year ago the work of Tedeemiug
the property was begun. Attorney John
Bull had charge Of the legal end, Colonel
Winser conducted the financial operation,
while the mining end Of the business was
taken care of by Fred ID. Smith.
The new company. which has been
formed as a result Of this rehabiita ton
of the company. has taken over the Joan.
Joan No. and the AUltman mining
properties, adjoining the original hold
ings of the company.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-03
Everybody Goes Prospeetina.

Meanwhile Ramsey is deserted by nearly
every able-bOdied man. all being out
in the north and east ends of the district
scratching and tearing at the surface
Groupings wherever they occur, or the
digger has been lucky enough to stick up
monument.
The east end looks good. too, for here
Bennett struck II few days ago. eighty
i've feet down and worth $500 in free
gold. Bennett is still digging sacking
and storing his, high-grade, and working
twelve men below. A mile southwest of
him the New Comstock has struck a lit
tle ledge IN their 100 foot vein that sam
pied across its fOrty-tWO inches S6S7. 50 A
ton. and this find did not lessen the ex-
element any.
Over on the Fisher mine some more
salt Lakers are about to start work on a
small, insignificant stringer about fo1r-
teen inches wide that lies in a huge ont
cropping vein, and gives assay values all
the way from so to S3.5O a ton and an
other crowd OF Salt Lakers are about to
open up the Walkover. whose lodges are
SO intricate and so rich that they are
AFRAID to start a shaft in any one sDot
Tor fear they will miss a richer ledge
some other place. About what these Salt
Lakers VIII do. will be 10 sink a shaft in
the center or the claim, drift each way
norm ana south 40 feet, and east and
west 800 feet each. They might drift fur
ther, but the claim is only a full claim
Such work as this, foolish as it sounds
Nol4iu SNt NUMBERS OF iedgeS and provided
water level was reached. would repeat the
experience Of every other shaft in the dis
trlet where water level has been reached
and dveiop a rich mine
Inc ramsey ComstOck is a rich mine
and big one, too, but it will do no man
any good to expect to find a big ledge of
hign-Srade here on the surface; he might
flnd lew inches of il, but no such Iedge
as mas been opened up in the Comstoek. a
ieoge without wall on one side. with
no top yet discovered and no bottom. #
is hoped. -
..s as jim Butler Of Tonopah exclaimed,
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-03
D0lNGS OF UNLISTED
STOCKS ON EXCHANGE

There was considerable feeling around''
III tne unllsted stocks yesterday and ap-
pearances seem to indicate that more b1Ie-
mess will be done in them soon. Real
trading, however, is stiH confined to a
rev stocks. and they are being dealt in
ard leads in point of interest and the
stock is apparently being taken into eamp
by someone Systematically. 1t scid ves-
terday at TIC back to SEC Ely Witch
was bought quite freely at S1.15 to 81 90
while Ohio Copper brought S4S New
house $2i-50 and Copper Glance 25c. Quo
tations on other stocks were made as
Fellows. ..-.-.. -
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-03
Mines and Mining Stocks

successfully mined by the dry washer
process by a number of leasers in the
its appearance in that portion of the
great lode. Mr.. Mead is sangUine that
the ground is going to make a bonanza
property the equal Of the best in the
district
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-03
other Districts.
Wilbert Mining Company. Limited.

Articles Of Incorporation of the WiIbert
Mining company. limited, of Salt Lake
were filed in the office of the county
clerk yesterday The company has a
capital stock of 100000 in 81 shares, and
owns group of claims in Dome district
Blaine county, Idaho. Andrew S. Ross
is president; Harry S. Knight, vice pres
ident; Clarence Warnock, secretary: A.
S. Braznell. treasurer. and Frank Pierce
completes the board Of directors
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-03
Mining Notes.

Silver. 65z.c per ounce.
Copper (casting), 24asc per pound.
Copper lcathodes1. 247sc per pound.
Lead, S. per 100 pounds.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-03
Open Board.

ButIer-LiberaI. S25dl5c; 250d16c; 1900
1TC: 1O00dl9izc; 5o9d20c.
Columbus Con. 1904 800
Ingot, 2OO0d9lzc
May Day 500d3ll2c: 10d52c-
Nevada Hills. 1O9dS3.5o,
South Columbus Con. ]. 4010 81 .02I2.
seven Troughs, 100d5Sc; 2Ood57c; 1oog
SIC; 400d55c.
Shares sold, 1915.
Selling value. SlO,29S.15.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-03

Use -Kennedy's Laxative Cough Sv-
rup. Children like its pleasant taste
and mothers give 1t hearty endorse
ment- Contains no opiates, but drives
out the cold through the bowels. Made
IN strict conformity to Pure Food and
Drugs Law. Recommended and sold nv
Chas. Van Dyke, 2So Main st.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-03
Ore and Bullion.

Ore and bullion settlements in this citv
yesterday, as reported by Mccormick &
Co, amounted to $4,000 as follows: Sill
yer. lead. gold and copper ores, $50.
base bullion, SO. 005.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-03
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, 1907-04-03
Ore Deposit is a Whale.

The Ramsey COmstoCk owns the Clark
Dixie, said 10 be the largest UpCOined de
post of gold on the surface OF the earth
Sixty feet down on this dixie. the com
pany found a chute of $500 ore. which
was sacked at once. and the stope IS be
ing continued. One hundred feet down,
the footwall. under which the incline Is
being put down, dipped to the west, away
from the shaft, and the shaft was con-
tinued in the country rock to the l61 with
out a sign of ledge or dixie. At the $50
it appeared a bit better and cross-cut
vas started for the ledge, just TO get in
touch again.
Twenty-Five feet from the shaft. the
dixie was broken into, carrying low grade
sulphide ore. Forty feet from the con-
tact another cross seam was found. and
a drift was started north on this seam.
Twenty feet NTH Of the cToss-cut things
failed to improve and the superintendent
determined TO quit, when the miners in
the croSs-cut west of the drift found an
other seam. Six feet further from the
seam in the drift. and there was the ore,
fine in quality, black with sulphides,
streaked with gray copper and rich as
butter.
a spoonful OF that ore melted over a
forge yields buttons of gold and copper
that can be hammered out on an anvil
bored and worn as a watch charm.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-03
Messiah" Second Night of Festival
Tickets CLAYTON Music co.

j. M. Golds.one. the Auctioneer. viii he
"a toNsa Tor one month. Open for that
time. Address NJ 2s Herald. ''''
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-03
Camp Wild Over Strike.

To say that Ramsey district went wild
with excitement does not convey the idea
at all. Champagne flowed like water. The
Ramsey COmStOck kept open house and
is keeping open house. The ore is being
sacked, but there is lots more in the drift
in fact the entire breast is high grade
and visitors who know body Of ore
when they See it are welcome to crawl
down the 161-fOOt ladder and go into the
drift, to carry away piece and pan it,
or have il assayed. over thirty samples
have been assayed by persons that do
not own d share of stock. but who wanted
to see some really high-grade ore.
The Salt Lakers that owned the mine
came rushing in to look, and ordered
the superintendent. when they got
through celebrating. 10 sink 10 the 500
and to crOss-cut every fifty feet and to
drift on every seam he may encounter.
and he is doing it.
On the siXty-fOOt level the mine has
seventy-one feet of solid ore that will
pay to mill. A drift north and south on
a streak of high-grade about forty feet
from the shaft opened up thousands of
tons of ore that samples in the sacks an
average of $500.
On the 100 the crOss-cut is in sixty feet
and there is no sign Of the hanging wall
yet If the dixie goes down on its dip,
it should be over $50 feet wide at the I60-
and the company intends to find out.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-03
Open Board.

Butler-IiberaI. 293a11c; 10Sd12c-
Carisa a0d5lc.
Little Chief 300dl6l2c.
Seven TrOughs 10Gd5ec.
South Columbus Con, S9dSl02la; l0VG
81 "a
T-ncie Sam. 9l0d50c.
Wabash. 101a22C.
Shares sold. ISL.
Selling value, Su,5196l
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1907-04-03
Union Assay office.

NJ. S. Hanauer. w. Sasler.
so So. West Temple. P. o. box MS