davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-09-17
Mines and Mining Stocks

and the money derived from the sale of
1t will be ample to equip and open the
combined properties in splendid man
ner. In addition. ii can be stated that
the South Columbus has a drift running
In the direction OF the Wedge ground
which is now within about 800 feet of
the boundary lines of the latter, which
will open the Wedge vein at vertical
depth of GOO feet. AS this ledge has proved
to be rich and productive in the shallower
workings in that property. it means that
a sure and altogether new source of
wealth will soon be at the disposition of
the South Columbus company, while the
sale of the Wedge for South Columbus
stock at once gives the owners of the
Wedge a goodly share in mining COM
pany ready to produce and make money
without having to do a great amount of
work, provide equipment and wait for re-
suits. their own account. In other
words. the deal is one through which both
sides profit immeasurably.
The South Columbus property, without
counting the Wedge, is now in splendid
physical condition, and regular shipments
of crude ore of a good grade are now
being made TO the valley smelters. The
property covers one of the largest areas
OF patented ground in the camp of Alta
and, with a big treasury at the company's
disposal with which to round out its cam
paign of development and equipment, an
other year should see the property classed
with the big mines of the state. and that
means something.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-09-17

ers are taking out about 500 sacks of fine
ore every twenty-four hours and, as the
sacks are worth about $3.50 each. this
Their lease will terminate on the tenth
of next month, after which DR.. Holden,
the principal stakeholder of the COM
pany, will take charge of the mine and
continue operations.
The new leasers, Taylor and Brown of
the Miller mine, have commenced hauling
ore down from the mine IT is under
stood that they have a good showing. and
that they will be able TO keep teams busy
hauling ore until snow flies.
The Whirlwind mine, adjoining the
Dutchman. continues to look good, and
word from twhe mine is TO the effect
that the miners are working in material
now which is claimed to be the ore cap
ping, and that any shot may open up the
ore bodies which are known to be there.
They are running close to the Dutchman
workings, where the ore is being extract
ed; in fact. they are so close that they
can hear the miners working in the
Dutchman.
an important strike during the past week
which placed the stock in good demand at
from 8 to 5 cents per share. The ore that
was being shown on the streets looked
good, and all il needed to make mine
of IL was for the ore to make in large
enough quantities.
The American Fork Consolidated COM
pany's property, in the mouth OF Mill can
yon. has opened up a five-foot vein OF
ood-looking rock. carrying considerable
values in lead and silver. The Mill Can
yon company's property adjoining Is look
ing fine and has some of the best surface
indications of any property located IN the
canyon.
The Mineral Flat company has force
of over thirty men engaged in breaking
ground for the new power plant ana
compressor. Substantial buildings for
winter are also being erected. and every
thing points to heavy development work.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-09-17
CARRIE MACK
ORES ARE RICH
Control Assays on Initial Ship
ment Show Up WeII-Mine
West of Lake.

The initial carload of ore from the Car
rie Mack company's property in the Sill
yer Islet district, west of the lake, was
in the market yesterday, though its sale
had not been consummated early in the
afternoon. The control assays on the
twenty-three and one-half tons showed the
presence of "a ounces silver, - per cent
lead. 2-s per cent copper and 90 cents in
gold per ton. giving the ore a market
value of close to $50 ton.
Now that this shipment has been made
and the management has secured line
on the general makeup of the ore, no
more shipments will be made until the
Western Pacific road, which cuts within
ten miles of the property, with a down.
hill pull for teams, is ready to receive and
haul the ore in to the shelters here. To
get this car of rock to market the COM
pany had to haul the ore by a circuitous
route about fifty miles to the Southern
Pacific railroad and then pay a stiff
freight rate in. But, for all that, the
company Will net a snug sum on the con-
signment With the Western Pacific road
open to business, the company will have
no trouble at all in taking out ore enough
to meet the cost of developments at the
property, and this is what the manage
ment will wait for.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-09-17
STEAM HOSTING PLANT
FOR THE UTAH-UNITED

Manager A. J. McMullen of the Utah
United company, which recently took over
the Skylark and Wasatch companies
properties, in Star district, Beaver coun-
ty, stated yesterday that a steam hoist
ing plant had been ordered and shipped
to the property to replace the within hoist.
I'VE are now down to the 300-foot lev
ell" said Mr. McMullen, land 1t Is al
together too slow a proposition to at
tempt going deeper with the old equip
ment. l expect to have the new hoist
in operation within a couple of weeks,
after which the shaft will be pounded
right on down to depth of probably 500
feet. At the 800 level we are getting some
nice chalcopyrite mixed in the iron. and 1t
is not going to be long until We reach
the solid sulphides-'
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-09-17
JOHN HAYS HAMMOND
PREDICTS MINING REVIVAL

II look for a revival in mining develop
ment on a far more conservative basis
than obtained in the time of the boom"
said John Hays Hammond during an in
terview in New York the other day.
"A large part of the money that will
go into mining in the future will be
raised by the small investors, who realize
that when mining is conducted on a con-
sentative basis by responsible men it
involves few risks and offers probabili-
ties of large profits. Undoubtedly large
number of irresponsible mining promoters
will be eliminated from future mining en-
terprise. that Is for a time at least
I'm my opinion mining activity will be
general throughout all the western min
ing states, and it will extend to all met
ais. Just now, everything is at stand
still waiting the result of the election.
81 have great confidence in the advance
in the price of copper metal in the near
future. for. the reason that copper today
is being sold at a price not much above
the average cost of production. Copper
is absolutely Indispensable TO industrial
progress, and therefore the first substan-
tial revival of industries will result in an
advance in the price of the metal
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-09-17
TO CUT LOOSE At
THE HOLT mine
President of Company Now
Owning Property Talks on
Proposed Campaign.

Leland j. Ross, president of the Esca-
iante Mining & Milling company, which
owns the well known Holt mine and ad-
jacent properties. some twelve or four
teen miles out of Modena, is in the city on
company business, a guest at the Cullen.
The head office of the company has al
ways been in Denver, but President Ross
states that he is now going to make the
mine headquarters and spend a great deal
OF MS own time in looking after the
equipment ana development of the NINE
When things are moving the way he is
determined to have them move, the COM
pany will most likely establish headquar-
tiers In this city, which Mr.. Ross now con-
siders is now the hub of the western
mining regions and most desirable city
in which to live.
The Holt mine has the reputation of
having one of the finest true fissure veins
ever exposed in a mining property, and
1t has been sufficiently developed to make
II certain that mine exists in the
ground. Water level was reached at a
depth Of 175 feet and, as no means had
been provided for handling the water or
working to greater depth, the values in
the vein below the point stated are as
yet an unknown quantity. Just above the
water level a drift has been run for more
than 100 feet, and ore carrying values in
silver and lead, with here and there evil
dences of copper. ranging all the way
from US to over $500 a ton, has been en-
countered
1T is now the purpose of our company"
said MIR. Scott during the day, Ito equip
the property with machinery and get down
into the sulphide zone. / have no idea
that we shall have water enough to
bother and, as a matter of fact, we shall
welcome some water, as the countrys is
pretty dry down there. In the drifting
and prospecting we have done above the
water level we have found substantial evil
dences that values have leached out and
been re-deposited below. | feel absolute
ly certain that even another 100 feet of
depth will give us one of the richest kinds
of mines, and ! believe too, that In adj
dition TO the silver and lead which are
the chief characters of the mineraliZa-
ton above the mater level we shall en-
counter substantial percentages of COP
per, with possibly some gold The prop
erty of the company is well located and
there is a splendid road between the mine
and Modena, which will be our shipping
point
Mr.. Scott has been in the mining busi-
ness for the past twelve years or more
and, while he is prominently identified
with producing propositions in Colorado,
he has given good deal of study to
mining conditions and mining methods of
Utah, and he declares that in his judg-
ment, no other mining section in the en-
tire west is comparable to this. He says
the east is also beginning to appreciate that
fact better than it has ever done before
and he believes that Utah mines will be
sought with greater energy and persis-
tency duriT[ the next year or two than
they have ever been.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-09-17
MINES MERGER
At ALTA CAMP
South Columbus Con. PaveS
Way for Absorption of the
Columbus Wedge.

BY an overwhelming vote the share
holders of the South Columbus CONSOLE
dated company yesterday increased the
capital stock of that corporation from SoO.-
600 TO 10000 shares, with the purpose, of
course. as stated a few weeks ago, of
absorbing the Columbus-W company s
adjoining possessions. The deal for this
property will not be formally consum-
mated until next week, when the Michi-
gan operators, who. with Tony jacobson
and A. o. Jacobson. own all of the stock,
will ratify the proposition.
IL can be stated, however, that the
plan agreed upon was that if the South
Columbus would Increase its shares as
stated. the Wedge crowd would accept
1l5,0o0 shares for their property. AS there
are 1900 shares of unissued stock in the
treasury of the South Columbus COM
pany. the increase of 10000 shares will
permit OF the purchasesof the Wedge and
leave the South Columbus with 100000
shares In the treasury.
Another feature of the proposition that
will appeal to everybody interested in see
ing the deal made is the fact that mar
ket has already been found for the 100000
shares of treasury stock at a good price,
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-09-17

sidered Salt Lake one of the best cities
In the country. and he is not certain
but that he will soon come back to make
his home here.
Colonel Z. A. Wall went out to Bing-
ham yesterday for the purpose of sizing
up conditions at the mining properties be-
ing developed by him and which he has
sot seen for several months
According TO a message from Boston
over the Pollock private wires yesterday
the foreign visible supply of copper yes
terday was AS AL TONS an increase of 1868
toss during the past two. weeks.
Lafayette Hanchett. general manager of
the Newhouse interests in this region. re-
turned yesterday morning from several
weeks vacation trip. Much of the time
was spent in and around st. Paul and
Mr.. Hanchett reports having enjoyed the
rest immensely.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-09-17
MINING STOCK EXCHANGE.
Market Takes Turn for the Better
During Afternoon Session.

Yesterday morning it looked as though
there would be no end to the slump in
the stock market. In the afternoon a
change for the better was apparent all
through the list, and trading during the
open board session, following the regular
call. was at the top prices of the day.
Whether the change was due TO public
buying In the belief that prices were low
enough, or whether 1t was a concerted
play on the part of brokers to stop the
decline before it reached a market-de-
moralizing point, can better be deter
mined on the action of the market to-
day, but II looked like the latter. Many
stocks in the list are now. or should be,
good buys, and II the change yesterday
afternoon was the result of market pa
irons getting that notion, prices will i'm
prove again; If not, new low marks will
be made inside of a week.
During the two regular and open board
calls a total of 157.4S2 shares of stock.
with selling value OF s1O6. $780, changed
hands Following is the list of final quo
tations and record of sales made during
the day:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-09-17
Forenoon Sales.

Beck Tunnel. 400 at SIC; 100 at SIC: 900
at SIC: 800 at Sic: 100 at Soc.
Black Jack. 200 at Sc: LOO at SIC.
Bullock, 1000 at &c.
Carisa. 500 at Csc.
Colorado. 200 at 1856. buyer 90; 100 at
$780, 100 at $40; $50 at 1886; 100 at SO. 4213,
buyer Co.
Crown Point. 700 at 1sc.
hex, 500 at 15c
New York, 1850 at &c.
Indian Queen, 500 at 14c: LOCO at BIC
Iron Blossom, 600 at Si.50; 5000 at $40;
100 at $1.371z.
Lower Mammoth, 900 at &C.
May Day, 800 at Ale: 700 at 40c.
Mountain Lake, 500 at Soc; 400 at Sic
Seven Troughs, 1900 at PIC.
Sioux Con. 400 at 81. 02I5: 600 at 81 90: 800
at 99c; 1900 at CSC; 100 at &c.
Swansea Con-. 200 at 35c 600 at 3il.c.
Uncle Sam. coo at s1.1o; 200 at s1.071k: 400
at Sl.l0. buyer 30.
Victor, 800 at 10lzc.
Open Board.
Beck Tunnel, 500 at soc; 500 at &c.
Black Jack. 500 at Sic: 5000 at &c, buyer
SO; 500 at SIC, 800 at soc.
Bullock, 500 at SIC; 1000 at 9iAc buyer 60.
Colorado. 800 at 1885,
Indian Queen, 1000 at 13IIc.
Iron Blossom. 200 at 81 .42i1; l. 100 at 81 45
800 at sl.47ls, buyer 10; 200 at sl.5o, buy
er 60
Lower Mammoth. 100 at s6c; loo at &c;
500 at 6Sc buver 30.
buyer 60; 1000 at 50c buyer 30
Sioux Con. 80 0at CSC; 800 at 99c; 200 at
H.O buyer 90
Swansea. 1000 at 35c, buyer 60.
Shares sold. 72.250
Selling value, $ii.59s
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-09-17

Colorado, 800 at $3.50; 100 at s3.27i1 seller
30: 300 at s9.271z; 100 at $3-S2lz-
Columbus 100 at $1.5713.
Crown Point. 1,4O0 at Ice; LOCO at Ice.
seller so.
LOCO at $1.52i2; 500 at s1.60, buyer go; 900
at S1.571z; 800 at $1.6O.
Lower Mammoth. 400 at SIC; 800 at &c,
seller 60; 200 at soc, buyer so.
Mason Valley. 500 at $50; 800 at $1-921z;
100 at $195.
May Day, 800 at 39c-
Mountain Lake. 500 at 49c: 500 at 4Sc.
Nevada Hills, LOO at $3.50.
North Cliff, 5000 at 4c.
Seven Troughs. 100 at PC; 1000 at 211kc.
Sioux 900 at 81 90: l. 400 at 81 .02i1.
Swansea 500 at 32c; 1000 at 311ac.
Uncle Sam, 100 at S1.10: $500 at s1.071a.
Utah Con-, 1000 at 17lsc; 700 at 1sc.
Open Board.
Ajax 100 at &c.
Black Jack, 1900 at SIC; 800 at Sic: 1890
at Sc
Beck Tunnel LOCO st 79c; 400 at SOC; 2oC
at Sic; 100 at SIC.
Bullock, 1000 at SIC.
Colorado 200 at S335; 200 at $3.37ls: 200
at $40.
Mason Valley. 132 at $780,
Lower Mammoth, 300 at sc. buyer 60;
1000 at CSC; 800 at CSC: 500 at zoe.
May Day, $500 at 47c.
Mountain Lake, $500 at 47c: 800 at 4Sc;
Sioux. 1900 at 500: 200 at s1.o2h.
Swansea, 800 at 32izc.
Uncle Sam. 600 at 3l.07l1.
Utah Con-, 5000 at TIC.
Yankee, 200 at SEC.
Shares sold. S5.232.
Selling value. sl,S56.S0.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-09-17
Mining Notes.

Both the Pioneer and Taylor &, Brunton
sampling works yesterday reported the
release of four cars of ore from Utah
mines and one from Nevada.
Manager Tony Jacobson of the Column
bus Consolidated and other Alta proper
ties. leaves for camp this morning on one
of his periodical trips of Inspection.
Major ]. c. Thompson, formerly a MEM
Der of the Salt Lake Stock & Mining ex-
change, and partner of E. l. Sheets, came
in from the coast yesterday, accompanied
by Mrs. Thompson. to spend a week or
two visiting with friends and relatives.
The major stated yesterday that he con-
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-09-17
EAST TINTIC DEVELOPMENT
GROUND is LOOKING GOOD

Provo, Sept. 16.-Superintendept kellogg
of the East Tintic Development COM
pany reports that the shaft in the Ralph
is now down POS feet. and opposite the
drift from which so much good ore was
taken eight or nine years ago. The shaft
is not yet in ore, but indications are very
favorable. Mr. Kellogg will begin to
take out ore for shipping in a few days
from a higher level. where ore has been
exposed.
The Snyder crowd is working the Lily
and the Hines property under a lease,
and the district generally presents a busy
APPEARANCE.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-09-17
THE HERALD IN NEVADA.

The Herald can be bought at the fol-
lowing places in Nevada:
Loveiocks-Charies H. Baker.
Tuscarora-Mrs. AL Clark.
Reno-Rosenthal & Armanko-
Goldfielc-Palace News Stand and Hun
ter Adv. 4 Pub. Co.
Ely-Harville Stationery Co.. G. .. Fax
on and Walden & Burnett.
Caiiente-John Shier.
Delamar-J. NJ. Kelly.
Pioche-Pioche Drug Co. and A. A. Car
than. p. NJ
Cobre-Richard Richards.
Rawhide-Louie Polin.
Las Vegas-Wilson Drug Co.
Smelter-M. Herman.
Tonopah-T. A Oldfather.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-09-17
DOINGS OF UNLISTED
STOCKS ON EXCHANGE

caused neglect of the unlisted issues dur
ing the open board sessions on change
yesterday Ohio Copper sold at $40 at
So I7Ib, and one lot of Uintah Treasure
Hill was dropped at 15c. That settled the
trading in them.
Ely Witch was quoted at 321sc at 35c,
Mineral Flat at lie asked, Naildriver at
l5c bid, and Silver King Coalition at "a
at $40
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-09-17
Ore and Bullion.

Ore and bullion settlements in this city
yesterday, as reported by Mccormick &
Co., amounted to $4,000. follows: Sill
yer. lead. gold and copper ores. $4,000;
base bullion, $100.O00.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-09-17
Afternoon Sales.

Beck Tunnel. 100 at 7sc; 100 at soc; 5000
at soc, buyer As
Black Jack. 1900 at soc.
Bullock. 200 at sac; 500 at SC: 1000 at
SIC. buyer 50; 1000 at SC. buyer 90; 500 at
SIC.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-09-17
Stocks in San Francisco.

The closing quotations on Nevada stocks
in San Francisco yesterday, as reported
over the private wire of James A. Pol
lock & Co.. were as follows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-09-17
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 similar re-
port on New York curb transactions, by
James A. Pollock a. Co.. and from which
It Is secured for use in this department.
OF The Herald.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-09-17

F. r. Davis & Co, Stock Brokers. ACC
D. F. Walker Bldg. Tel. Bell $780,
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-09-17

Boston. Sept. 1.-THE Bryan scare
seems to be developing. and the bull
party seems willing to see lower prices.
The liquidation today was steady and the
decline was helped by stop orders. North
Butte was weak, mostly on selling by
traders. Arizona Commercial was the
strongest stock on the list and ought to
reach $40 on any Improvement in the gen.
eral market. The indications are for a
sagging market until the short interest
gets too large
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-09-17

Draughtsmen and Blue Printers. Og-
lesby & Oglesby. Atlas block. Bell 1880
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-09-17
Metal Market.

Silver, 52lsc per ounce.
Copper (cathodesl. 1890 per pound.
Lead, S460 per loo pounds.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-07-08
FOURTH DISTRICT COURT.

Provo July 6.-The following cases have
been set for trial in the Fourth district
court:
July S-The town of Mapleton VS.. Spring
Vile Jane Eliza Bradford VS.. HAL Lee
Bradford.
July 9-John w White ct AL VS.. Nathan
+. Smell. Ell al.
July 1I-Shadrach Jones VS.. Provo City.
July l6-Telluride Power company VS..
Artemus Holman
July l7-Jesse knight VS.. Hyrum r
Thomas ct al. Henry Lewis vs. LEM II
risation company. (,
July Is-Laban Harding vs. Hannah >
Ryan. Pleasant Grove VS. Artemus Hoi-
man r. H. Wilson VS.. John T. Wignail-
July a0-Thomas Todd vs.. san Pedro.
Los Angeles & Salt Lake Railroad COM
pany.
Julv al-Provo City VS.. l.. \. Hinckley.
July o2-Provo City VS.. Lorenzo Ewall.
July 27-George W. Culver VS.. Mt Nebo
Land e. Irrigation COMPANY o
July 2e-W RI. Pool VS. Utah Ilsht &
Imlv siNKate G. vorce VS.. Fl. w. Brown
ct al >,oh
Aug s-Royal Daw VS. j. F. MecnaHl.
Aug ELIZA beth r Coray vs. Laidy-
cite Holbrook ct al -
The case in dispute between NJ. ! d - :
Conover and the Electric company, IN
which Mrs Conover claimed damages TOT
the death of her husband while at Work
for the COMPANY in this city last ran. has
been settled out of court by the company
having 81 500 to Mrs. Conover
Judge Booth and Court Stenographer
Mrs r + Walters are back from HeDer,
where the judge has been holding court
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-07-08
ONE RESPONSE
TO ALL FRIENDS
Mrs. Grover Cleveland Ex.
presses Gratitude for Kind
Messages.

Princeton. N j., July $50 great has
been the number of messages of con-
dolence received by Mrs. Grover Cleve-
land since the death OF the former pres
ident, that Mrs. Cleveland has found it
impossible to make personal response
to all of them. Therefore she today
gave to the press the following com
munication in acknowledgment of these
MESA ges.
Princeton. n. j. July Z, 1908.
"Westland-
I'm our great grief there have come
TO my children and myself. from all
over our country and from other lands,
expressions OF coincidence in our be-
reave,nent and of a participation in our
sorrow. My heart is touched by these
and by all tributes paid to Mr.. Cleve-
land in word and act. l am deeply
grateful for the comfort that God gave
us i'm this way. | regret that the null
titude of these messages renders II inn
possible for me to send personal
word of thanks for each. The press has
continually offered to bear for me this
expression of my own and my chill
drens gratitude and appreciation, and
| hope il will reach all who have
thought of him and of us.
FRANCES F. CLEVELAND"