davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-04
The Other Producers
COTTON TAKES A
BULlISH ATTITUDE
(By Badger Bros. Private Wire)

(By Badger Bros. Private Wire.)
New York, Oct. 3.-As the trade was
looking for a report around 81 by the
government, tOday's figures of 65.9
We're construed as bullish, and furth-
er advance of about s1.00 per bale was
experienced Immediately following the
announcement. on account OF the eX-
IRENE lateness of the crop il is GER
tain that in order to make a cOmpari-
son with a normal yield figures as OF
August % should be used. If there is
days report is indeed very bullish. On
the other hand there are some who
claim report indicates a crop or nearly
Is. 600, 600 bales on the basis or the
acreage planted, which is approximate
IL the same as was planted in 1908. III
which year $500, 900 bales were har-
vested after a condition report Of 69.7
as OF Sept %
From our own point Of view, We
would say that tOday's figures indi-
cate a crop OF about 1890, 600 with av-
the situation from whatever stand
point. however, within the range OF
possibility, we are unable 10 figure a
crop sufficiently large for the needs OF
the mills during the leXt Il months
and at the same time leave a surplus
to repienish the worlds stocks which
are even now down to famine figures,
Notwithstanding the fact that 100000
bales from the new crop had been
picked and ginned up 10 the 25th of
September.
We therefore look for much higher
prices than have yet been seen and
continue our advice TO buy the distant
future on all soft markets.. +. Hut
ton a. Co.
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-04
BINGHAM MINES
FINISHES BIG MOVE

II is understood that negotiations
which have been under way for some
time have at last been completed for
the moving OF the buildings and equip
meut OF the Bingham Mines company
from Copper Center gulcn TO a place
near the portal of the Niagara tunnel
The moving Of the equipment started
on September Is, and since then nearly
all OF the work has been done. II Is
expected that all the equipment and
material or the company will be out OF
the canyon, affOrding the Utah Copper
dumping OF its waste material from
stripping the ore, says the Press-BuI-
letin.
Copper Center gulch affords an ideal
place for the dumping OF waste. and the
large area viii be able 10 accommodate
a great amount OF the Overburden OF
the Utah Copper company. According
10 information that reached salt Lake
yesterday. the work of dumping waste
in the newly acquired territory Will
take place Monday.
The entire outfit OF the Bingham
Mines company mas been moved 10 the
Niagara tunnel through which the
company will in the future prosecute
its work Arrangements have been
made with the United States company
ans II. s. Joseph for the use of the
tunnel Mr.. Joseph is now using the
tunnel 10 develop the Silver Shield
property.
In All. about twelve buildings were
10 be removed from the canyon by the
Bingham Mines company This under
taking, which abandOns the use Of the
Lower Commercial tunnel has caused
the mine 10 be closed down. II is be-
lieved that IL viii be fully three months
before the company is again in position
TO continue the development OF the ore
bodies.
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-04
LOST MINE IN WYOMING
SHOWING $1,000 ORE

over in Wyoming they have discov-
cred lost mine, according to a special
dated October 1 to the Denver News
from Encampment, as follows:
After an almost continuous search
extending over a period OF more than
fifteen years. which had been made and
abandoned by hundreds of prospectors,
only TO be taken IN by others. the IA
nous and heretofore supposedly myth
teal Beagle Boulder Bonanza" has
again been discovered, according to
statements made here by Edward and
Charles Martin, and they promise TO
Immediately develop a body or high
grade gold ore, assaying more than
$4,000 per ton.
The Beagle Boulder" has for years
been treated as something akin TO
fairy tale, inasmuch as no one has
heretofore been able TO locate any
thing in the way of an ore body that
would bear out the claims of an aged
prOspectOr who, some fifteen years ago,
announced that he had discovered a
cropping of rOse-cOlOFed quartz, i'm
pregnated with pure free gold. To
prove his contention, Old Man Beacon,
as he was known, brought to this place
about ton of the quartz, which as
saved a little more than S., 900.
The find at the time created great
excitement, and hundreds of mining
men went on wild goose chases in
search OF the land. Beacon announced
his intention of returning TO the site
OF the bonanza to further develop it,
but within a few days he returned and
Informed his acquaintances that the
boulder which he has previously de
scribed had mysteriOusly disappeared.
After eXhausting searches, prOspectOrs
gave up the hunt and made no effort
10 conceal the fact that they thought
Beacon either insane or a faker. The
old fellow finally disappeared and has
never since been heard of.
Others, however, continued to show
some little faith in the story, and with
the announcement of the Martin broth
ers many of the Old-timers who had
previously abandoned all thought OF the
mine have shown a renewed interest
The Martin brothers were hauling wood
at the time of their alleged discovery,
and describe the location as being
near the head of Battle valley, a few
miles from this place. They state that
the lead was uncovered at a depth Of
three feet.
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-04
PRESIDENT DERN
TALKSO CONGRESS
Tells of Benefits to Mining
lnduStry-Utah Should Have
800 Members

John Dern, who was elected presi-
dent OF the American Mining congress
at Los Angeles last week, arrived home
Sunday and is enthusiastic over the
work which is being accomplished by
the congress in the interest OF mining
men and the mining industry.
Mr.. Dern says every mining operator
and every mine superintendent IN UJah
should become a member of the con-
gfess- Utah has upwards OF 100 mem
bers OF the organization, but Mr. Dern
says this number should be increased
10 not less than 900, and he believes
that the number will be AT least doubled
during the year. when the mining men
see the good results accruing from
the workings of the organization.
President Dern points fret OF all TO
the fact that IL was through the eff
forts OF the congress that the govern
uent esta blished the recently organized
mining bureau, which, Mr. Dern says.
is the first step toward the ultimate
forming OF a federal department OF
mines
Nj Dern says among the benefits de-
rived from the congress is the ract that
the leading men. the expert men I'm the
various branches of the industry, are
drawn together and exchange ideas
and learn different methods. and in
this way are able 10 keep up with the
progress OF events, making IL possible
for every operator or superintendent
OF a mine 10 adopt the latest methods
IN vogue in every line.
. Then. TOO, such matters as the best
means OF safeguarding the lives of the
miners, not only in the metalliferOus
mines OF our country, bur in the coal
mines also. are discussed and investi-
gated, with the result that with such a
powerful organization, especially when
assisted by the federal government
which will be done when the mining
department has been esta blished. such
matters viii be brought TO as near a
safety point as man can accomplish,
said Mr.. Dern yesterday afternoon.
Again, the methods Of mining va
riOus kinds OF ores; how best 10 treat
them so the miner may extract the most
values at the least expense, and all
kindred subjects are brought up and
thoroughly discussed at these con-
crosses
Mr.. Dern has been a member of the
congress since its organization thir-
teen years ago. during practically all
of the time having been an active mem
her of the executive committee. At
tempts have been made heretofore at
the congresses TO induce him 10 per
nit his name To go before the body as
candidate for president but he has
always positively declined. However,
this session he yielded 10 a popular de-
mand which refused 10 take No for
az answer.
IL is thought that this honor be-
slowed on Utah. the selecting OF one
OF its leading mining men as its chief
officer. viii result in the bringing into
the congress many mining men Of the
state who have so Tar rallied 10 Join.
President Deru says there is a deal
OF work connected with the office. but
for the good of the industry IN general
he has consented 10 assume the impOr-
Jant duties of president
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-04
OLD-T|ME ACTIVITY
FELT ON EXCHANGE
0pOhOngO BObS Up and Sur
priSeS TaIent-0thers Are
Quite Firm.

Trading on the local exchange Mon
day morning showed gratifying activ-
ity. The total sales ran up to $3.50
the afternoon came in with 21,450. CIV
ing a total trading of nearly $1,000 fol-
the day in the listed stocks.
At the morning session, Cedar-Talis-
man sold 1900 at 15c and 15Ae. Opo-
hOngO was the surprise of the morning
showing a total number of shares sold
OF 5.500. ranging in price from 23e down
TO 203c
In the afternoon, Cedar Talismsn
came in with 500 at Ice and 1900 al
l5hc. Columbus showed 3.400 shares
sold during the day at from sec tC
SIC. Sioux Con. livened up in the aft
ernoon with sales amounting to S,400
ranging from 253c to zee. OpohOngC
in the afternoon showed 500 at 21Ac and
1000 at &c.
The total sales for the day amounted
to $500 shares. valued at $12,S47.
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-04
JARLOOSE GOLD
SHAFT 75FEET
New Camp Attracts Beaver
Merchant, Who Shows
Good Ore.

Jarloose. the new mining camp in
Beaver county. situated five miles
southeast Of Minersville, is still hold
ing the attention of a number of peo-
pie who took up holdings there at the
time of its discovery the fore part of
this year r. A. B. Hatch. proprietor
of the Beaver Drug company, is en-
thusiastic over the new camp. and has
been exhibiting specimens of ore from
seventy-five-fOOt shaft which gives
promise Of developing into something
both rich and permanent. The ore is
of a porphyritic character, or more
particularly a cOnglOmerate of porphy-
ry and quartzite. There is consider
able lime in the vicinity. A number OF
mining men from Tonopah who are
working the Hatch property declare
the surface indications at JarlOose are
every bit as good as they were at that
camp in its early days when the pros
pectors began making their initial sur
face scratchings for the precious met
ais. They do not look for a second
TonOpah, according to Mr.. Hatch, but
they are looking for a camp TO be es-
tablished at JarlOOse eventually.
Work has been going on there in
cursory way now for eight or nine
months, with the result JhaI the OWN
ers of some of the most promising
property think il worth while TO con-
tinue sinking the 'seventy-tive-foot
shaft the indications being so good as
TO lead them on in the belief that
depth will not only enrich the ores, but
the ore bodies will widen as depth is
attained.
Springs in the valley afford ample
water for camp purposes, and consider
able cedar timber is found on the
neighboring slopes. being sufficient in
quantity and size for ordinary mining
r.I1rrnnaas
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-04
BIG DEAL AT
BARRETT SPRINGS

An important transaction and one
that should have a very great influ-
ence on the future development of the
new camp at Barrett Springs took
place on Tuesday. On that day J. M.
Blood, o. Thorpe. J. Haywood and q.
F. Siebert, the owners of the 1910 mine,
sold il 10 Thomas Kerns of San Fran
cisco and Patsy Clark OF Spokane.
The purchase price is said 10 have been
$4,000, says National Miner. II is cur
rently reported that there was a large
cash payment and that the balance Will
be paid in a short time. The new own
ers are expected to take Immediate
control
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-04
BOSTON CONSOLIDATED
BUYING LOCOMOTIVES

In addition to putting in three more
new system shOYels on the Boston Con-
solidated property, the Utah Copper
company is to spend 100000 for loco
motives TO be used between Bingham
and the Garfield smelters and mills.
The engines will operate on the new
line being constructed The Mallet ar
ticulated compound, which has proved
highly satisfactory on a number OF
railroads, is the kind of engine wanted
by the company, says the Press Bat
letin
These engines weigh about zee tons
and cost in the neighborhood OF SSe,-
Geo
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-04
TRUMBo BUYS HORNsILvER.

The deal for the Great Western mine
at Hornsilver was closed yesterday ana
the property turned over to Andrew J.
Trumbo of Bonnie Glare. as trustee for
himself and associates under a bond
paid to the sheriffs office under the
mortgage OF $4,000 to s. II. Brady OF
Tonopah, and under which il was sold
by order of foreclosure May 27 last,
says the GoIdfield Tribune.
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-04
UNLISTED STOCKS

When it came to the unlisted stocks
sold on the curb Monday, Opex was
the feature. but in the melee il came
out with a rather badly battered ply
siOgnOmy. At the last preceding SEES
sion IL was held strong at 30kc, with
soc bid, but Monday the bears got to
work and down went Opex to 24c a
drop of cents 5, 500 shares were sold
from 30Ac down to 24c. Bingham Cop
per sold $500 at 163c. and Gold Chain
ESQ at 40c.
The closing quotations on the curb
Yesterday We're:
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-04
STRENGTH IN BOSTON Lows.

Nby Ddu5VI btOs' IIFaLO " IIV'J
Boston, Oct 3.-The market opened
steady, gaining strength and activity as
the day advanced, especially pro-
nOunced in the low priced issues, no
tably Arcadian. Trinity, Franklin and
WinOna. We look for a continuance
of the up-swing in this market. The
copper metal situation is steadily i'm
proving, prices were advanced by
American Shelters company &c a pound
Saturday. They are sold sixty days
ahead. The other big companies have
practically withdrawn from the mar
ket.-Hovey. Kenny & Co.
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-04
cOPPER's GREATER ACTIVITY.
(By Badger Bros. Private Wire.l

Boston, Oct. 3.-The copper shares are
showing greater activity with the tone
very strong throughout the entire list.
Trading has been well distributed, and
with more outside interest than has ap-
peared for some time past. Copper
Range has been the leader in the ad-
vance and at 81 shows a gain OF 2
points. Lake has been quite active and
sold at $50. Miami. Ray Cons, and Ne
vada Cons, are all strong.-Hayden,
Stone.
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-04
GOOD STOCKS SOUGHT.
(By Badger Bros. Private Wire

Nby bauBCI I3IUs' IIFdIC " IIC.J
New York, Oct saturdays poor
bank statement being purely technical
as 10 the present monetary situation,
that was not a factor in today's secur-
ity market. but the more important ele-
ment in the situation such as the rails
ing of railway rates. Good stocks were
well bought during most of the session,
though some little speculative profit
taking occurred in the late dealings
We believe that stocks Will work ma
chases on any good reeessions-T f.
Hutton & Co.
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-04
Mines and Mining Stocks
NEW MINING TOWN
GILMORE, IDAHO
Trains Running to Pittsburg-
Idaho Mine-Daily Out
put 100 Tons.

Busting with life and activity is the
brand new mining town of Gilmore,
Ida, which has sprung into existence
practically since the twenty-mile
branch line YVES completed less than
week ago. The branch runs from
point midway between Armstead and
Salmon City. and already the first
shipments Of ore from the Pittsburg
Idaho cOmpany's mine. loaded direct
from the mine to the cars, are now on
their way from the mine to the Salt
Lake smelters.
Big Building Boom.
A S. Ross. president of the Pitts
burg-IdahO, is now on the ground SUI
peTintending the building up OF the
town. He writes H. s. Knight of this
city that he already has a fine new
thirty-rOOm hotel completed, a large
store finished, and from twenty TO
thirty other buildings, mostly homes,
we'll under way. Before snow flies the
town Of Gilmore, situated about half
a mile from the mine. will be one of
the livellest little mining camps In the
state.
Ore in True Fissures.
Mr.. Knight says the Pittsburg- Idaho
is now producing from fifty TO sixty
tons high-class ore a day, all of which
is being shipped to Salt Lake county
smelters. The product of the mine is
principally a lead-carbonate, giving
values or from 80 to 40 per cent lead,
with silver and gold values running
near $40 to the ton besides. The gem
eral formation is a lime-quartzite, the
ore making in true assure veins. The
principal workings is a 400-foot shaft,
from which the present output is being
derived.
Quarter Million by Wagon.
About eight years ago the present
owners of this valuable property, II
being a close proposition, with most OF
the stock held by Pittsburg people,
took charge, during which time the
mine has yielded over 100000 in
high-class ores. Practically all Of this
amount was hauled by wagon dis
lance OF eighty-five miles TO the then
nearest railroad point. Anticipating
the advent of the railroad. the mine
was closed down for two years, or I'M
iii last July, when active work was
commenced once more. The long, ex-
pensive wagon haul went far toward
eating up the profits this rich ore
should have put into the pockets or
the owners, on which account the
ing which time little was done except
development work.
Railroad Livens Up Things.
With the advent OF the railroad, re-
newed activity is seen on every hand,
nOticeably in the building or the new
town for the accommodation Of the
miners and others connected with the
Pittsburg-IdahO and the neighboring
mines. in addition TO which there are
many good prospects receiving atten-
ton just now.
The Other Producers.
The other producers are the Latest
out. OriOle and the Allie. Each of
these mines Is breaking down profit
able ore and shipping. Their COM
bined output is probably near to fifty
tons 2 day. which, added to the Pitts
burg-Idah9's yield, gives the new town
of Gilmore a shipping record Of
over 100 tons or high-grade ore daily,
or 3.OO0 tons month, valued at over
$1,000 each month.
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-04
CURB WITH TRADERs.

(By Badger Bros. Private Wire.)
New York, Oct 3.-The curb market
closed quiet and steady. Mostly a
traders market. Chino again the fea-
ture, selling at see on a match. Mar
ket ought to so higher.-Miller.
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-04
BIC ELY MINES
DOING BUSINESS
Nevada Con-, Giroux Camp
and Smelter Employing
Nearly 1000 Men.

Arthur Smith OF East Ely, New, who
is intimately connected with the
ThOmpsOn-Gunn interests in the great
Nevada copper camp, registered at the
Wilson Monday, and Mayor u. G. Nc
Donald OF Ely Is also In the city on
business.
They report things booming out
there with both the Nevada COnsOlidat-
ed and the GirOuX. The Nevada Con.
is now shipping approximately 1850
tons OF ore daily. This ore is all COM
ing out OF the great Copper Flat PIT,
where steam shOVeling is being carried
out on a tremendous scale. The ore av-
erages per cent copper. This ore ls
being treated al the nearby SteptOa
smelter.
GirOux Big Preparations.
The GirOuX is making preparations
on an extensive scale TO begin takiug
out ore from its deep workings, through
its great fiVe-cOmp shaft. which
is now down 10 the 1900 level DIa
pump OF 1900 capacity Is being n-
stalled, and another OF 500 is being put
IN. They are cOncreting station at
the 1900 level, making OF II first
class pumping station in every partic-
ular. When in readiness 10 work, the
GirOuX Will turn out its vast QuRnti-
ties or good ore already blocked Qua
al very rapid rate.
Nearly 1000 Men Employed.
At present there are about 1900 men
employed at the SteptOe smelter. ana
probably 400 miners employed al the
various mines in the Ely district, ac-
cOrdlng TO these enthusiastic Ely citi-
Gems.
The present low price or copper. with
the not very encouraging premOnitiona
for immediate future profits. does nCt
seem to deter the great copper mines
in eastern Nevada from pushing ahead
and getting their properties in first
class shape during this lull In tho
market.
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-04
MINING EXCHANGE CLOSED
TUESDAY AFTERNOON

On account Of the state fair, there
will be no session of the mining ex-
change this afternoon. The regular
morning session viii be held today as
usual.
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-04

ORES AND BULLION.

Shelter settlements yesterday.
reported by Mccormick & Co.:
ores. $50, 900: bullion, $40. 900.
Silver was quoted at 53Ic; cop
per, 12,175c: lead. $40.
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-04
ORE AT SAMPLERS.

Six carloads of ore from Utah mines
and one carload from Nevada, and four
from Nevada, were released yesterday
by the Utah Ore Sampling company.
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-04
BOSTON AND NEW YORK
COPPER SHARE MARKETS

Badger Brothers, brokers, furnish
the following. received over their pri-
vate wire:
BOSTON CURB STOCKS.
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-04
CON. MERCUR
ISSUES REPORT
Years Production CurtaiIed,
but Good Cash Surplus
Remains.

Assets $s4.994.54. including the snug
sum Of cash on hand s4l 1855. with
accounts payable but $5SS.7O. is the
splendid showing OF the Consolidated
Mereur Gold Mines company in its
statement issued yesterday. the report
being signed by G. II. Dern, treasurer
and general manager. President John
DSTh lncludes a report In which he
tells why the total earnings fell TO
Slo,0S EOS, the principal reason being
that the ore continues 10 get lower
grade. The expenses were but one
cent ton more than for the preceding
year, but the company treated $4,000
tons less than last year. In new work,
principally prospecting, the sum Of ST.
goo was expended.
The mines averaged 19.303 tons per
month, or 6Ss tons per day. Mining
cost S342, 915, or S1.46 ton; milling,
S266,S47.12, or S1.15 a ton.
The report says in brief: Considera-
DIE prospecting was done during the
year in various places in each of the
three mines, in the hope of discovering
new ore bodies Much of this work gave
disappointing results, although some Of
II turned out a well as we could have
expected. In all we did S,54S feet OF
prospecting, which cost Sl7,l62.30, or
S484 per foot.
The Mercur mine furnished 1494O7
tons, or nearly 60 per cent of the year
total. The upper slopes, which have
yielded so abundantly for a number of
years, are still giving good account
of themselves, but the ore generally
shows a tendency TO become lower
grade The Mercur vein Widened from
10 feet TO 40 feet.
The Golden Gate mine produced 81,
559 tons. The Brickyard mine gave up
6O,665 tons Of ore.
The two new filter tanks mentioned
IN last years report went into commits
sion on July 49, 1909. We have also
made some other improvements in the
slime plant, to increase its efficiency.
The cost of construction and new i'm
provements was S3,6S0.56.
Our refinery results were very care
fully investigated during the past year,
to see whether our methods entailed
any undue loss of gold. The process
We employ was found reasonably eff
cient and economical, hence we found
no inducement 10 modify our work, or
70 market our precipitate without re-
filming. The refining costs were S.
O74l2, or $.0S4S per ton of ore milled.
The crushing, roasting and teaching
plants made satisfactory shOwings
The financial statement is as fol-
lows: