davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11
COLORADO POSTS A
HOLIDAY DIVIDEND
Six Cents a Share Will Be
Paid Five Days Before
Christmas.
Special to The Tribune.

SneClai 10 inc tribune.
PROVO, Dec 10-The directors of
three knight organizations met Saturday
in Provo and one OF the three declared
n dividend. this being the Colorado Min
ing company. The Colorado will dis
tribute cents share. or $50, 900 on
December 90 To all who happen to be
fortunate enough to own the stock on
December Is. This dividend action was
anticipated since the receipt OF the last
annual report showing the treasury bal
ance.
The refusal OF the Iron Blossom dircc-
tors to declare their dividend will not
come as a surprise, as the conditions
surrounding the affairs OF the company
are we'll known. The property holds a
magnificent tonnage OF gold and silver
ores. but in the absence OF what is con-
sidered an equitable smelling contract
the officials are coutempla ting the crec-
ton OF n cyanide mill, and should this
latter course be followed there will he
need OF a working capital which other
wise would be available for dividend pur
poses This dividend and mill action was
postponed, therefore, until the meeting In
January.
OpeX directors met and did not levy
an assessment A statement was made
TO the effect that development work
would be continued and that the water
in the property Is being lowered steadily
through some foreign agency, presuma-
bly, the big new pumps OF the Centen-
NAL Eureka mine adjoining.
y denial OF the report that the Tintic
Central VIII be closed is issued by tho
management. The shaft. now below the
1000 level is being driven at the rate OF
about twenty feet a week.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11
SALT LAkER FINDS
NEW NEVADA CAMP

ine following letter TO The Tribune
IeSardinS the new camp of Orc Nev
VIII prove interesting FOR tie reason thai
L.. Madscn. one OF the discoveries
is Salt Laker: S'"'
The name OF this new camp is ORC.
"lnnemucca. in the low hills adjacent
70 PARADISE valley, This camp was dis
covered few days ago by p r. Madsen
w. W. kiTkham and 4. A. Crawford
Whiic Wandering through the low hills in
search OF host rock. Mr.. Madsen dis
covered Doat that showed we'll In free
soid and heavily mincralized He went
~ 4, once TO tracing the source from which
IL came. and discovered Il vein three feel
in thickness: which will mill 500 10 the
ION Mr.. kirkham, also In Aarch OF ore
that would lead to some ledge pcked
up piece OF ore containing $50 in gold
Inc geological formation of this new
territory is porphyry and andesite The
ledges strike north and south and dip to
.ne east aoout 80 degrees. and they vary
IN thickness from two 10 six feet So
iar. there has been six OF these edees
found. all of which assay we'll At pres
eni. =. r Madscn and l.. A. Cra Hford
are vigorously developing their propnI-,.
by sinking an incline shaft, following the
shoot OF ore.
The general outlook Of this new camp
the population WAS only three while now
the gulches begin 10 become spotted with
tents and new prospcctors arc coming
In every day, To the outside world IL
would seem that. in the dead OF winter
as II is. IL would he n life OF hardship
TO the prospectors, living in tents az
they are. But. on the contrary the
snow as yet nor any heavy downpours
Of rain
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11
MARKET DULL, BUT
GENERALLY STRONGER

james A. Pollock & Co.. bankers and
brokers. furnish the following, received
over their private wire yesterday after
Paine. webbcr G. Co. letter. Boston
Although dull. the market vas generally
stronger today. East Butte and North
fairly active. Copper Range was ca
bid, with no round lots offered under 40
superior & Pittsburg was in good de-
mand, all the stock being cleaned up
through il. We have noticed consider
able changing of Nevada Consolidated for
Ray at point difference. which accounts
for the strength OF Ray Consolidated. We
look for better market next week.
Logan d Bryan stock letter. New York
Although fundamental conditions dur
ing the past few days continued 10 re-
fleet uncertainty and irregularity, quoted
values In the market have shown dis
position TO recover from the recent de-
preston. due primarily TO the fact that
urgent and aggressive liquidation had
temporarl spent itself, 4 material cN-
pansion OF short interest together with
the elimination Of great many weak
accounts, tended to improve the techni-
cal position OF the list and as the de-
sire in the past two DAYS TO cover short
contracts has been rather pronounced.
prices advanced easily. without any In
crease in either the outside speculative
or Investment demand worthy OF COM
ment. Interest was centered in the bank
statement today. which. in the actual eN-
hibit. denoted rather more favorable
condition than anticipated, The steel
corporation 6 report OF unified tonnage
revealed a decrease about expected.
and although. according to the changed
method OF computation. does not Indicate
a new low record. Ihere are not as yet
any pronounced indications OF a change
for the better in basic conditions, and as
those factors which contribute so much
towards preclpitating the recent selling
movement are still eNtant. we do not
feel that intense speculation on the con-
structiye side should as yet be encour-
ged much preferring TO see our friends
take an aggressive stand on the long
side at even higher range Of prices.
when The outlook is more reassurinG
than at present
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11

opening rich and large bodies OF lead ore
copper Producers statistics for Novem
hcr are released. Cripple Creek stats. d.
l,cs oi production during history are
given. Tinttc Standard company is work
lnS IN very good values Uncle sam
consolidated company declares a scent
dividend,
tHlOAY-Rcport OF The Ely Consoi-
9ated company is issued. Henry
hrumb's report on the Inspiration Con
per property received by shareholders
Dragon starts prosecuting for Colorado
ore body on 500 level. Considerable
speculation In regard TO the Iron Bios
som dividend action Saturday. Large
cave is found in the CIin property OF
Ophir. VI
SATURDAY-Gcologi survey reports
on the san Juan ell field. Revenue com
pany is financed for heavy work. Duncan
MacVichie returns from visit TO the
Bingham Mines property. Salt Iaker
discovers new Nevada camp. which is
christencd ORC. Report of Mr.. Krumb
on Inspiration is analyzed Colorado
company declares a Scent dividend Iron
BLOSSOM postpones dividend action until
January 90. South Columbus privilege
OF exchanging shares for South HecIa
expires on December 81. Lawson gives
some idea as to how he regards Heinze
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11
LAWSON AND HE||QZE
ARE NOT FRIENDLY
Eight Long Years Without
Speaking as They Pass
One Another.
Ey Associated Press.

bS ASSOtlateQ
BOSTON, Dec. I0.-Thomas ". Law
son attempted today TO shed some light
on the rise and fall OF Ohio Copper In
May. 1909. AS bearing OH the allegations
recover collateral pledged with A. d. II.
Adams OF this city. which he claims was
sold without his (Hcinze's) consent.
The case is being heard by +. Rock
wood Hall, master appointed by the
supreme court,
Mr.. Lawson said he entered into an
agreement with Carlos Warhcld. T.. Au
gustus Heinze and James Il. keenc re-
saldng the management of market
campaign in Ohio Copper which would
enhance the value of the stock from 50
10 SS share. He was assured by Mr.
Warfield that the greater part OF the
stock was closely held and that very
little stock would come out during the
rise.
Mr.. Lawson said lie began purchasing
the stock at So and continued until il had
gone above SIS share, purchasing and
selling In the two weeks of the rise some
$4,000 shares. When the stock reached
SS 4 share he was led 10 believe on In
vestigatton that Ohio Copper stock which
he had been essureds by Warneld and
Keene would not be offered was never
theless being thrown on The market in
at once on May IS. 1909
Counsel tried to obtain from Mr.. Law
son his idea of the reputation Of Mr..
BcinZc for truth and veracity. but there
was objection. Mr.. Lawson was allowed
to say, however, that Inc had not spoken
want TO have any business relations with
him
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11
What Has Happened During the Week
NEUTRALITY-SUSPICIOUS. ton

MoNDAY-Reorgani committee
OF the Ely Central company plans To
place company back to safe basis again.
Annual report o! the Iron Blossom com
pany released by company. Story OF
attempted hold-up of the National mine
Snake Creek tunnel work progressed 333
feet during November. Ineol company
VIII decrease capitalization.
TUESOAY-Copper situation dis
cussed. Frederick Lyon interviewed on
the United States company's past wear
Daly-Judge company having test runs
made on Its zinc ores. Leasers form
company 10 operate the c. c. ConsolI-
dated property of Park City. King Will
liam finances It's development work. Horn
Silver annual meeting held In Salt Lake
WEDNESOAY-Iron Blossom manage
ment strikes good ore on the 800 level
The international Smelling and Refining
company may secure shipments of ore
from the GirouN mine. Columbus Com
solidated company still waginc bitter
hght against water, Great depreciation
IN copper stocks during the year. Tono-
pan Belmont company will pay usual
dividend. Chief Consolidated COMPANY
sells SIX cars OF ore valued al siOO per
ton.
THURSDAY Bingham Mines company
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11
TRADERS MARKET IS
EXPECTATION IN EAST

James A. Pollock e. Co. bankers and
brokers. furnish the following. received
over their private wire yesterday after
noon:
Gallagher (New York; says-At open
ing Chino and Ray Consolidated dis
played weakness. while the list rallied
near the end Of the first hour and closed
higher than yesterday. American To-
bacco strong; Baruch Bros. buying Ton
opah OIL, Tintics unchanged. Ray rights
closed at 30 sales today, last day for
trading,
Hornblower letter. Boston - Shares
showed more strength today than at any
time in the past ten days Strength in
New York had lis sympa thetic effect
here Buying was considered fairly good
and traders bid stocks up all around the
room. Gains OF from a large fraction 10
over two points were the result OF the
days trading. Situation is a little more
cheerful but there has been a sharp
advance. profits should not be over
looked as traders market Is about all
We can expect
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11
REVENUE IS To
INCREASE EFFORT
Eastern Capital Interested in
Well-KnOwn Property of
Beaver County.
SOME VERY GOOD
ORES NOW OPENED
High Grade Is Encountered in
the Main or Middle Tunnel
Work.

\. Is. Tiernan, vice prcsiden, of the
Revenue Consolida ted company. left sat
urday for the cast. 10 be gone some time
in the interests OF this organization. MIR.
Tiernan has had Interested with him,
among others. l.. C, Burton In the super
vision OF the work which has been done
al the mine in the last twelve months.
during which period a great deal OF
earnest development has been done. IL
is stated that arrangements have been
made with strong eastern financial inter-
ests To place the Revenue company on
q very broad campaign o( development
work, and the coming season promises
TO be q busy one for the management
Investigations prove. said Mr.. rierndn
Yesterday, that Inc Revenue property can
DC served successfully and economically
by traction train outfit for hauling ore
and bringing in supplies from the rail
road. ii is estimated that ores can be
hauled from mine TO railroad cars at 81
per ton.
Mr Ticrnan says that while he has
neen interested in Bingham. and in other
camps where large amounts OF ore have
oeen shown for the work done, that up
10 the point OF the development work
nue property there Is a greater GOLDFISH
ver-lcad orc showing than anything he
has seen elsewhere. Hc said:
II have carefully inspected tho work
that WAS done III The Revenue. and on
nay last trip found that the ore body
Mhieh hac been cut by the middle tunnel
40 ulSD-EIduc sHNeT-lSau ore. carrying
az nigh as 150 ounces in silver and going
90 per cent in lead
This ore body was cncoun tered by the
tunnel al a point which we had cstima ted
IL Should be reached. as the vein in which
~ Is shows on the surface with ore crop
ping well defined. The ore body is from
three 10 Eve feet in width the greater
part OF the distance for twenty-five feet
bui al the greatest width il has not yet
been crosscut there being good ore isfl
thet has not been taken out. To take
OUT any moro ore from this point or else
where would be Il waste OF money in
hanciiDs II twice. When ore is cut only
tnat which Is broken down in running
thc tunnel is removed. This particular
ore body has been sunk on by q winze
with the character OF the ore remaining
as mentioned and ii has been prospccts(,
ny an upraise showing equally as eooo
ore The middle tunnel. as Il is termed
10 designate II from other tunnels winch
nave been run on the veins or which are
no" being run. is being eXte ndeJ into the
mountain TO cut other wcll-deGncd veins
pul at Tho point at which II has nov
reached We are enabled TO use 4. for lbc
,ekli:S Out ol ores mined In the upper
Workmss. and which are now connected
up by a raise
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11

FORENOON SALES.
Black Jack. 300 at s1c.
Crown Point. 200 at Sic.
DAILY Judge. 100 at $3.50
Iron Blossom, 5000 at 76c
King William. 100 at 20c
May Day. 1000 at SIC.
Silver kinS. 100 at $1.65.
South Columbus Con, 500 at l0Ic.
Tintic Central 1900 at 7ic
Tintlc Combination. 5000 at oIc 1000
al Sc.
Tintic Empire. 1000 at 4Sc
Uncle Sam 500 at soc; 500 at Sic.
OPEN BOARD.
Bingham Amalgamated. 1000 at &c.
CEDAR Talsman. 1000 at 12sc
Iron Blossomb. 200 at 76c.
Tintic Central. $500 at 73c: 25oO at 7Sc
Tintic Combination. 1000 at Be-
Tintic Empire, 5000 at 4sc. 5000 at &c,
Uncle Sam. 100 at SIC.
TOTAL SALES.
Regular. 1890 shares for sso77.50
Open. 1000 shares for SS727 rs
Total. 46,400 shares for s7T05 %.
WEEKS TOTALS
es2,903 shares for s665s727
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11
HAVEN IS
MAKING GREAT HISTORY

Bingham visitors say that Salt Lake
is overlooking one OF the big propositjons
OF that camp in not knowing more about
tne Bingham New Haven comDenv
They say that 1t Is no secret in Ring.
nam although the company is a close
corporation and seldom says ANYTHING
outside OF us annual reports. that the
company Is shipping from 10. 600 to II 900
TONS OF copper ore per month. the ore
netting $40 per ton. These facts con-
slitute tho company about second In inn
portance OF the Utah red metal produc-
ers. The small issued capitalization OF
Inc company. 22S.000 shares OF stock. will
nclp materially in restoring this company
long.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11
LIMIT PLACED ON
STOCKS EXCHANGE
South Columbus and AIta-HecIa
Shareholders Have to De-
Cember 81 TO Act.

Stockholders OF South Columbus and
Alta & Hccla have until December 81 to
exchange their stock for that OF South
ETccla at five shares of South Columbus
for ono share OF South Hecla and six
shares OF Alta * Hccla for one share OF
the South lccla. and from the way the
stock Is coming in already there will be
but very little outstanding on Decem-
Der 81.
After December 81 either the basis Of
exchange will have 10 be placed at six
shares OF South Columbus for one share
OF South Hccla. and that OF the Alta &
Hecla at seven shares for one of the South
Hccla, or the outstanding shares OF tho
South Columbus and Alta & Hecla will
have TO be assessed, as each of these
companies VIII have TO raise money for
office rent. corporation tax. etc, either
by selling some Of its South Hecla stock,
which each company has III its treasury.
or by small assessment
AS TO conditions al tho South Heca,
General Manager George II. Watson
stated Saturday that there were two
shifts OF miners at work. and after driv-
Ing through forty-foot sand fault, in
what is known the Wedge drift the
wedge lissure was again picked up. and
has been run on distance OF 500 feet
Mr. Watson stated that the vein is a
well defined, true assure. and that there
has been an average of one foot OF high
grade direct smelling orc for the entire
300 feet driven, and. as the vein con-
tinues TO widen as the drift approachc
the contact and as this contact is yet
about 30 ofeet from the present heading
OF the drift. every indication is that they
VIII get fine ore body at the lnterscc
ton, as this is jone of the main contacts
Of the district The company is not do
ing any stopping at this time, the only
orc being taken out is that encountered
in the driving Of the drift and In rum
ming raise In the fissure to sound the
lime beds above
The company is very well equipped for
the winter campaign, as all mine and
boarding house supplies arc in. and Mr.
Watson sees no reason why the South
Hccla should not be among the leading
mines OF the state before next spring.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11
Duncan MacVichie Visits Bing.
ham Mines Strike in Brook
lyn Property.
VERY MUCH PLEASED
WITH CONDITIONS
Splendid Work Being Done by
Company in WeIl-knOwn
Old Mines.

Duncan MacNichie, the well-knoHn
mining engineer, spent Friday At 6ng-
ham looking over the Bingham Mines
properties When seen by The Tribune
Saturday, he expressed great satisfaction
with the condition or these mines, and
especially the old Brooklyn property.
where some very important discoveries
have been made lately. Mr.. MacVichic
says that the management has been do
ing splendid work. and deserves all the
credit now being given IL for its success.
Below the 1000 level OF the Brooklyn.
below the old workings, is the new body
OF rich lead ore recently mentioned In
these columns. Mr.. MacNichie said yes
terday that this WAS the pretticst body
OF lead he has ever seen outside OF the
Park City district The management has
followed II for 80 feet In the winzc. IL
is II feet in width and has been deVel
oped along the strike for about 10 feet,
This ore Will average about 40 per cent
lead. while IL holds good silver. gold and
copper values as well.
In raising from the Mascotte tunnel
level for $50 feet 10 connect with the old
fine body of shipping grade copper ore
all the way, which body Will average
about IL feet in width. These two inn
portant finds place the company in a po-
sitlon TO make a lot OF money during the
coming year.
The Developments in the Yosemite prop
crty arc coming along nicely. II is the
plan to raise from the tunnel level TO
open this mine from the bottom up. 1t
is also the plan TO extend the Mascotto
tunnel 10 the west on the Brooklyn and
Lark veins. On the Lark vein on the
old Dalton property, just west OF the
No. Dalton shaft. the management has
driven for 100 feet below the tunnel level
in four feet OF lead ore as good as the
Brooklyn ore mentioned above. and this
has been and will continue TO be 81 valu-
a bile source Of shipments. In every Way
these properties arc in the best condi-
ton in many Years.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11
RICH ORE FROM THE
RETURN MINING GROUP

Manager C. NJ. Compton OF the Re-
turn Mining company Of Nevada is in
the city. comforting with the officials OF
his organization. He brought with him
samples OF an ore body TWO to eight
inches In width now had on the SO-foot
level, giving the valves as about 100
ounces silver and s25 gold per ton With
this is considerable fine grade milling ore
also. The company is sacklne this rich
ore for shipment
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11
Nevada News Agents.

Nevada News Agents
Bauvard-A. c. Pesco.
jodheld-Louie Pollip.
aWthorne-LouIe Pollin
kimoerly-Sheldon Lowney,
Lovelock-Bible Bros.
Midas-Mrs c. A. Harrington
Raw whide-Louie T'ollin.
Reno-Hotel Golden News Stand: Ro-
senthaI e. Armanka: Shepard & Son.
Yerington-F. NJ. Burner
Winnemucca-Pcarce & Chase.
Cobre-Richard Richards.
Cherry Creek-Grey & Collins.
Elko-Wheeler Co.
Ely-Grace p. Paxton: Harville Station
cry Co.
nett.
Rhyolite-The Crescent.
Pioche-Pioche Drug Co
CaIiente-John Shier; Thomas Him.
street
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11
STRONGER CLOSING TO
LOCAL STOCK MARKET

The close OF the week on the local eN-
change was moro satisfactory. the morn
ing session netting sales for 49, 400 shares
nj stock. the market value being sII05. %
shares, the market value OF which was
S66 56I27. Among the unlisted stocks
Saturday morning Gold Chain sold at 81
cents. and Tintic Standard brought
cents r share. The following were tho
closing unlisted and listed stock trans
actions.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11
"Intenselv interesting. historical.

"Intenselv interesting "historicsl'
" correct" is the verdict of Utahns
who have read Josiah F. Gibbs's latest
work on the Mormon question, "Ihe
Mountain Meadows Massacre. The
pamphlet Of sixty pages is excellentiy
illustrated, with eugravings from pho
tragedy. The edition is going rapidly
at 40c each. two for 75c. three for 81
six for $50 postpaid.
THE TRIBUNE PUBLISHING CO.. :
Salt Lake City, Utah.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11
Bullion Beck Assessas

An assessment OF 10 cents share ba,
been levied by the Bullion Beck &: Cham.
pion company, delinquent January Z. Tn,
sale day being January &c.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11
Ore and Bullion.

The ore and bullion report for Satur-
day. given by Mccormick & Co.. was as
follows: Orc received 10000; bullion
shipped. $4,000; total. $4,000.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11
Lower Mammoth Meeting.

IL WAS reported yesterday after the
Lower Mammoth directors meeting that
nothing but routine buslncss was trans
acted
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11
Ore Shipments

The Utah Ore Samplns company nm
Saturday released cars of ore from
Utah. and | car each from Idaho and
Nevada camps.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11
Nevadas in San Francisco.

James A. Pollock e Co.. bankers and
brokers. furnish the following, received
over their private wire yesterday after
noon:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11
New York Mining stocks.

James A Pollock 6 Co. bankers and
brokers' furnish the following, received
over their private wire yesterday after
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11
San Francisco Mining Stocks.

BY Associated Press.
SAN FRANCISCO. Dec. f0-The Off
ciel closing quotations for mining stocks
today were as follows:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11
Boston Copper Stocks.

James A. Pollock & Co.. bankers and
brokers. furnish the following, received
over their private wire yesterday after
noon,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11

For Christmas gifts nothing is more
acceptable than a picture. 1t is hung
in room where it is always n pleas
ant reminder. We have. such a large
collection of good subjects that you can
not fail to find what YOU want.
GEO. w, EBA&T G. CO.,
Al Main
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11
NEW YORK MINING STOCKS.
Metal Market.

The metal quotations for Saturday
posted by Mccormick 3: Co. were as fol
lows: Silver. 5ilc; lead. $3.50; copper
Sl2.60
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-11

Tribune-Reporter Printing 90.
Sc West Second South st. Phone ia