davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-08-26
NEVADA CON. EARNS
GENEROUS PROFITS
July Results Prove Usefulness
of Modern Red Metal Min
ing Companies.

An Illustration OF the manner i'm which
the low-grade porphyry copper proposi-
tions are making good these dull copper
times, when the price of the metal has
been dragging on the most persistent bot
tom for years, is given by the reported
earnings OF the Nevada Consolidated Cop
per company during the month of July,
The copper production Of this company in
July has been given as 6.S96.42 pounds.
and the net earnings are in the neigh
borhood OF s45O,00 or at the rate OF
So, 100000 per annum, the dividend re-
quircmentS being So. 100000 per annum.
II is conceded that the Nevada Consoli
lions directly affected by the agreement
TO cnrtail production pending the elimin-
alton of the worlds copper surplus n
reduction of at least 10 per cent Will be
reported for the month of August, II Is
not expected however. that the earnings
of the company will be so reduced as 10
neccssitate a reduction I'm the regular
dividend rate. The company having made
definite assertions to the contrary. The
fact that under the former conditions
the company was earning nearly ST.
500. 900 In excess OF dividend requirements
shows that n considerable reduction In
output can be effected without mourning
any dividend losses. while the advance
in the price of copper Is expected to
countcrbalance the reduced production OF
the metal
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-08-26
COMP PANY IS To
Be LIQU|DATED
Sampson Company VIII Be
Merged With the Bingham
Mines Company.
EXPLAINS FILING
OF TRUST DEED
Company Now Customer of the
Copper Smelter at
Garfield.

Considerable speculation was occasioned
Thursday by the filing by the Bingham
Mines company of n trust deed to the
Federal Trust company for the Sampson
mining properties of Bingham. 1t APP
pears that the Bingham Mines company
bond issue is guaranteed by the Federal
Trust company, in whose favor mort
gage exists on all the properties OF the
Bingham company. The Bingham conf
pany owns control OF numerous small or
ganizatious in Bingham, among which is
the Sampson company.
Al a meeting of stockholders of the
Sampson company on July !, of this year,
ii was determined 10 put the company
out OF existence, and as the stock owned
by the Bingham Mines company was In
the hands OF the Federal Trust company,
the withdrawal oi this stock necessitated
the transfer X trust of the claims them
selves. The instrument filed yesterday
accomplished this desired end.
General Manager liner Pett. OF the
Bingham Mines company. confirmed the
report yesterday that his company was
shipping ores 10 the American Smelling
Refining company, the copper ores from
the Commercial and Dalton and Lark
mines going TO the Garfield smelter, while
the lead silver ores of the latter go 10
the Murray plant. The company was
shipping its copper ores TO the Iampa
smeltcr at Bingham, the recent Closing
down of which necessitated change in
destination. The Bingham Mines com
pany is rapidly rounding up the thousand
and one details essential TO complete sue
cess both with its Bingham and Tintic
mines. and the company is In the pest
shape of It's history. Mr., PETIT and his
good record in shaping the affairs OF ths
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-08-26
JENNIE COMPANY HAS
ORE ON FIFTH LEVEL

The large party OF eastern visitors to
the property at Gold Springs OF the Jen-
mic Gold Mines company had the unique
experience a day or two ago of witness
ing d genuine strike of ore. Up to the
present time the Jennie management has
not developed ore lower than the 2O0-foot
level, and recently the shaft was sent 10
the 300. and a Crosscut sent over 10 tap
the same gold rock had above. A mes
sage was received in Salt Lake yesterday
announcing that this crosscut had not
only encountered the vein, which shows
width OF fifteen feet. but II is the best
grade gold ore so far had in this group.
There is another recent important find
OF gold ore on the upper level, so the
management is assured OF generous
gold ore tonnage for the mill. The mine
and mill are now being operated with the
advantage of electrical power. generated
BY the plant at Modena, and splendid
work is being done. The mill has twelve
Nissen stamps. and each stamp is ca
pabe OF treating about six tons of ore
day. This new find OF gold ore places
the Jennie property In very favorable
position for continuous earnings
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-08-26
CHIEF CON. IS
. IN NEW RICH ORE
Drift South on Fourteenth
Level Strikes Fine Gold
and Silver Ore.
TEN-F00T FACE is
NOW BEING OPENED
Same Body Six Hundred Feet
North Runs High in
Metals.

While In the city Thursday from Eure-
ka. Walter Fitch. general manager of
the Chief Consolidated company, con-
firmed the very favorable reports that
have bcen in circulation for several days
in regard TO good conditions at depth in
this property Mr.. Fitch stated TO The
Tribune that no has been driving main
working drift 10 the south on tho 400
level and this working had not proceed
ed 100 feet until it broke right into some
Of the best ore ever had In this mino.
The desire to make this drift useful for
future extensive cndeavor necessItated
Its continuation beyond the point Of this
new ore development. and a few days
ago the management was able to glve
some attention 10 the discovery for the
first time. The work so far has been
confined TO the sill floor. and only one
wall has been placed in view. yet the
ore Is ten feet in width. II is highly
sillcious ore, carrying silver and gold,
The silver values will average about 100
ounces, Mr.. Fitch terms this one OF the
most significant finds so far brought to
light in this property
The Importance of this development
can better be appreciated when IL is re-
membered that the same ore. 500 feet
distant TO the north. has been found In
the property of the old Eureka City
ground. now a part of the Chief Con-
solidatcd possessions. There also the ore
is silicious. carrying silver and gold, the
first car shipment from which has been
extracted for the local smelters.
Up to the present time the manage
ment of the Chief Consolidated has been
handicapped somewhat by the smallness
of the hoisting equipment. and operations
have been reduced To two shifts daily.
This work will be increased as soon as
the new holsting plant has been received
and set into place. Yet the company has
done splendidly under the circumstances.
The shipments so far have totalcd 1lS|
car lots, and the returns from this ore
have met all the operating expenses. The
company. therefore, is in very good shape.
while mine conditions are everything
that could be desired.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-08-26
C0PPERS WILL LEAD
WHEN TIME is RIPE

James A. Pollock e. Co, bankers anc
brokers, furnish the following. received
over their private wire yesterday after
noon:
Paine. Webber &c Co. letter, Boston;
Short covering caused a little rally al
the opening this morning, but the up
ward movement was checked by flood
of liquidation and prices commenced 10
run off sharply. Stocks were freely Of
fered all day and tho whole list closed
on the bottom. Talk OF tariff revision
lis the principal bear argument as no
new business can be undertaken until
the manufacturing interests know where
they stand on the tariff. The copper
market closely followed the action of New
demand was so light that small declines
resulted. We consider the coppers in
much better shape than the rails, as they
are thoroughly liquidated and the metal
first TO rally when any public interest
springs up in either marker.
Logan &, Bryan stock letter, New York
The selling OF stocks toGuy was said to
able low temperatures in portions OF the
corn belt. In addition. fears were eX-
pressed over the probability OF political
difficulties in the near future, which
might tend to undermine confidence in
stability OF quoted security prices. Trad
ing, as has been the case for some time,
was mostly OF professional character.
without support In various quarters. The
borrowing demand for stocks has as
sumed good proportions. indicating an
expansion of the short interest, but the
latter at this time appears quite aS-
gressive. whereas the element in favor
of higher prices lack initiative and seem
inclined TO allow the selling movement
to run its course We are inclined TO
advise against following the short side
too closely. the professional element
have a faculty of reversing their position
on the slightest provocation.
Gallagher says: Selling resumed on the
curb at the opening. MAJORITY of the
issues touched lower levels. Very lit
tie or no support. Ely Central active,
Towards the close Kerr Lake showed a
little strength. The industrials quiet
and steady.
Hornblower letter. Boston, Coppers
were reactiona-y during mos, Of today's
session, in sympathy with the weakness
to over a point were seen. There was
no pressure to sell. however and the
buying was good on the weak spots. I'm
I'll more favorable New York market
little can be expected hers but the best
judges do not feel that there is any
thing TO gain on the short side and ad
Wise waiting for weak days 10 make pur
chases. The close was steady, but rather
dull at the lowest of the day,
New York Evening Sun SAYS: After
early hrmness the stock market became
dull. sagged and turned weak In the early
part OF the afternoon, when prices of
leading Issues. like Atchison, Northern
Pacific. Reading, Union Pacific. Southern
terday's low figures. The price move
ment was irregular rather than uniform.
industrial stocks showing relatively
greater firmness than The railroads. but
Steel was quite heavy The market CON
tinued, TO sell off throughout the after
noon. There was no evidence OF rallyng
power at any time and stocks seemed to
decline of their own weight
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-08-26

FORENOON SALES.
cedar-Talisman. 1000 at 1oc buyer
sixty days; 500 at 9lc.
Colorado, 200 at 42c.
Iron Blossom. 1000 at SEC; 700 at S5c
May Day, 1000 at &C.
Prince. 100 at &C.
South Columbus Con-. 500 at lie.
Tintic Central, 1900 at SIC.
Utah Con-; 1000 at 29c; 5000 at SC.
Plutus, $500 at Sc.
Shares sold. 1s,2OO
Selling value, s2S2025.
OPEN BOARD.
Columbus Con-. 200 at SIC; 200 at Sic.
South Columbus Con-, 1000 at lie.
Shares sold, 5000,
Selling value. s1326.00
AFTERNOON SALES.
Black Jack. 665 at &c.
Cedar--Talisman. 300 at 99c; 600 at 9sc.
Columbus. 400 at SIC. 100 at sac.
Ely Calumet. 1000 at 15c.
Iron Blossom, 1000 at SEC
King William. 500 at 17lc; 1000 at l5c.
May Day. $500 at sc.
New York. $500 at 53c
silver King. 100 at 81 10.
Sioux Con-. 100 at 24c.
South Columbus Con. 81 at 10c; 1000
at 1llc.
Tintic Central. 1000 at SIC.
Shares sold. 21.599.
Selling value. s3264.45.
OPEN BOARD.
Beck Tunnel, 1000 at &c.
Colorado. 100 at 4lc.
Columbus, 400 at Sac
Crown Point. 1000 at &c.
Grand Cent. 100 at S1.25: 100 at S1.27l.
King William, 1000 at 15c.
May Day. 1900 at oc; 5000 at she, buyer
sixty days.
Victoria. 100 at s1-25,
Shares sold. 24.75O
Selling value. S4lll50.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-08-26
SILVER SHIELD SENDS
OUT A STATEMENT

In announcing TO stockholders OF the
Silver Shield company the levying of an
assessment for J. cents per share Cen
eral Manager Harry s. Joseph has issued
a statement of company affairs which
will prove Of interest to all. The state
ment follows:
During the past few months the
company has been running drifts and
raises for both air connections and for
ore development. The ore cave. which
was encountered few months ago, has
been reached by drift and the cave
tlmbered up. There is a large quantity
OF ore, mostly second class, exposed
there.
1.-The ventiating system installed is
working well and saving the company a
considerable expense. Negotiations are
pending for rights through our tunnel
with another company, for a considera-
tloD. In order TO protect some surface
rights and water rights of the company
it was necessary TO start immediate work
on the mill construction, and this has
been done.
'Some Of the fixed Indebtedness of the
company has been paid off within the
past few months. and the bank Is press
ing for payment Of the remainder. In
order TO reduce this Indebtedness and
keep on development work, the present
assessment of II cents per share has been
levied. "
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-08-26
Mining Notes.

tension property is 10 be seen at the
brokerage office Of w II. Child & Co.
A report WAS current here yesterday
that the GirouX company had cncoun-
tered very troublesome flow OF water
below the 1000 level.
a message received yesterday by Cen
eral Manager Morris OF the Horn Silver
company announced the death OF Am
brose |. Harrison, president OF the com
pany.
Claud It. Rice. formerly of the new
mining magazine. Mines and Methods
has severed his connection with this
publication. and Will become a member of
the Engineering and Mining Journal
staff.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-08-26
FURTHER CONSOLIDATION
OF COPPER PROPERTIES

PORTLAND. Me. Aug 25.-Another
move in the consolidation of Nevada cop
per properties was made today at a spo-
cial meeting OF the Cumberland Ely COM
pany. when II was voted almost unani-
mously TO sell the property to the Nevada
Consolidated company. The vote was
l.2T3.476 shares in favor and 229l shares
opposed. IL was stated that the share
holders would bc paid about $3.50 a
share, the par value being $40.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-08-26
Nevada News Agents,

Nevada News Agents,
Bauvard-A. G. Pesco.
Goldfeld-Louie Polln.
Hawthorne-Louie Pollin.
Kimbcrly-Shcldon Lowney.
Lovelock-Blblc Bros.
Midas-Mrs G. A. Harrington.
Rawhide-Louie PoIlin.
Reno-Hotel Golden News Stand: Ro-
scnthal 6, Armanka: Shepard G Son.
Yerineton-F. NJ. Burner.
Winnemucca-Pearce G. Chase.
Cobre-Richard Richards.
Cherry Crcck-Grey e Collins
Ell.o-Wbeelcr & Co.
Ely-Grace II. Paxton; Harville Station
cry Co.
nett.
Rhyolltc-The Crescent.
Pioche--Pioche Drug Co.
street.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-08-26
GOOD SHOWING In
MT. PLEASANT FIELD
Special TO Tho Tribune.

EPHRAIM Aug. 25.-The local oil
company Is working III the fields north
OF Mount Pleasant, and is making some
progress regularly. The showing is bet
ter with each foot gained. Two impor-
tnnt moves have been nade this week
One Is the procuring Of tho royalty
right for tho company from the owner
OF the land, which gives the company
exclusive control and ownership OF all
oil found. The other Is the purchase OF
length. The we'll is down 1880 feet.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-08-26
DIVIDEND OF THE
GOLDFIELD CON.

The directors OF the Goldheld Con-
: solidated company on Thursday
. posted the regular dividend OF 80
cents per share, and an extra divi-
dent of 20 cents. making a total of
books closing on August 80. There
are now outstanding 1856. 14S shares
OF this stock. hence this quarterly
> distribution calls for the sum of ST.
1854.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-08-26
THURSDAY WAS QUIET
DAY ON THE EXCHANGE

There was not a great deal doing yes
terday on the local exchange, there be-
ing sales for 6S 4i9 shares OF stock. the
market value OF same being sl1:522 20.
The following were the closing unlisted
and listed stock transactions
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-08-26
Ore and Bullion.

The ore and bullion report for Thurs
day. given by Mccormick & Co. was as
follows: Ore received. $4,000; bullion
shipped, SIS. 900: total. 100000
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-08-26
Neyadas in San Francisco.

James a. Pollock 6; 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, 1910-08-26
Metal Market.

The metal quotations for Thursday
posted bv Mccormick 6; Co., were as fol-
lows: = Silver. 525c; lead, $40, copper.
L I-l6C.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-08-26
San Francisco Oil 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, 1910-08-26
Ore SHIPMENTS.

The Utah Ore Sampling company on
Utah and cars from Nevada CAMPS.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-08-26
San Francisco Mining Stocks,

SAN FRANCISCO. Aug. 25.-The Off
clal cIosins quotations for mining stockn
today weVo as follows;
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-08-26
Boston Conner Stocks,

James A. Pollock G. 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, 1910-08-26
New York Mining Stocks.

James a. Pollock G. Co, bankers 0and
brokers, furnish the following. received
over their private wiro yesterday after
nOOus
The Idaho Springs siftings-news., 1910-06-11
Freaky Montana Lightning.

Pony. Mont.-During baseball
game at Ennis Tuesday, freaky light
ming struck parasol in the hands Of
Mrs. M. F. Buck, and, running down
the handle. knocked five men and four
women to the ground
Mrs. Bucks corset was torn from
her body and her shoes from her feet,
but. although seriously injured, it is
thought she will recover
All the victims are burned serious
ly. but dog at the side of Mrs. Buck
suffered the only fatality.
At Salmon. Elmer Rankin and Ar
thur Malcom were killed by lightning
as they sat under a tree in the park
Neither tree nor the bodies of the
men bore any mark of the bolt, but
the bench on which they sat was
ripped to pieces.
The Idaho Springs siftings-news., 1910-06-11

greatly interested. and will give care
full thought to devising plans which
will result in completely protecting
the children on the Fourth OF July.
The policing of the Auditorium. parks
and streets will be looked after with
unusual care. The Park Board will CO.
operate with the committee in making
the Fourth Of July in all of Denver's
parks a great success. The children
will receive every possible attention,
and everything will be done for them
tending towards their care and COM
fort. During the afternoon there will
be a distribution of 5000 flags. Day
fireworks will be exhibited, and the
air will be filled with many balloons.
There will also be fine demonstra-
tion Of the National Guards. Tents will
be scattered about for rest and shell
ter, and several of the state societies
will hold open house at their head
quarters in the park throughout the
day.
The Idaho Springs siftings-news., 1910-06-11
MORE CASH FOR
MESA VERDE
SENATE COMMITTEE IN FAVOR
OF INCREASE IN THE MAIN
TENANcE FUND.
OTHER APPROPRIATIONS
GEOLOGICAL SURVEY PROMlsEo
IMPORTANT WORK IN De
BEQUE OIL FIELD.

Washington-1n reporting the sun
dry civil appropriation bill Tuesday,
the senate committee on appropria-
tions included Senator Guggenheim's
amendment increasing the appropria-
ton for the care and maintenance of
Mesa Verde national park from $500,
the amount carried by the bill as it
passed the house. to $4,000.
Senator Guggenheim will endeavor
to secure further amendments to the
bill when it comes before the Senate,
to appropriate $4,000 TO aid in defray-
ing the expenses of the irrigation con-
gress to be held at Pueblo, $50 1000 for
additions to the Colorado Springs pub
lie building. and provision authorix-
ing the secretary OF the interior to
grant concessions and leases in Mesa
Verde national park. He will also en-
deayor to secure an increase of from
100000 to 100000 to enable the geo
logical survey to complete stream
gauging in public land states.
Senator Guggenheim has been as
sured by the director of the geologica
survey that survey of the DeBeque
VII iieAuS Will pe udue ny engineers OF
the geological survey during the COM
ing season.
The president Tuesday nominated
John w. Wiley for re-appointment as
postmaster at Silver City, N NJ. He
also nominated d. c. Bowman for re-
appointment as postmaster at Basin,
Wyo., and James McFadden for post
master at Casper, to succeed Ida e.
Hewses. term expired
The postoffice department has made
olathe. Colo. a presidential office,
with salary of $1,000 per annum; Lusk.
Wyo., with salary Of $1.1OO, and
Vaughn. N. NJ. with salary of $1,000.
The Idaho Springs siftings-news., 1910-06-11

to feel better when l had taken only
one bottle of Compound, but kept on
as was afraid to stop too soon" Mrs.
SADIE MULLEN, 272S N. B. St., Ell
wood, Ind.
Why will women take chances with
an operation or drag out sickly.
half-hearted existence, missing three
fourths of the joy of living, when they
can find health in Lydia E. Pinkham's
Vegetable Compound
For thirty years it has been the
standard remedy for female ills, and
has cured thousands of women who
have been troubled with such all
ments as displacements, Inflammation.
liberation, fibroid tumors. irregulari-
ties, periodic pains. backache, indiges-
ton, and nervous prostration.
If you have the slightest doubt
that Lydia e. Pinkham's Vege-
table Compound will help you,
write to Mrs. Pinkham at Lynn.
Mass, for advice. Your letter
will be absolutely confidential
and the advice FREQ.
The Idaho Springs siftings-news., 1910-06-11
Many Killed in Earthouake,

Avellino, Italy.-An earthquake,
characterized by one severe and sew.
eral minor shocks which occurred
shortly after o'clock Tuesday morn
ing. wrought great havoc throughout
the province of Avellino. in the de.
partment of Campania.
The entire region. extending for a
radius OF fifty miles. was thrown into
q panic.
While the city Of Avellino practi
cally escaped damage, the town OF
Calitri. some thirty-five miles distant,
suffered severely.
Reports received here indicate that
half the buildings in Calitri have been
wrecked. The number of killed in
that place is estimated at from twen-
ty-five to fifty. while scores have been
seriously injured.
From many other towns and viii
lagos come stories of fallen homes,
death and suffering.
At San Sele, in the province OF Po-
tenza, six persons were killed and five
injured.
The convicts in the prison at Bene-
vento became panic stricken and
tried to force their way past the
guards. but they were overpowered by
the troops.
The Idaho Springs siftings-news., 1910-06-11
Postmasters Get Raise.

Washington. D. C.-Increases in the
salaries of Colorado postmasters have
been ordered for July l. as follows:
From $1,000 to $1,1OO per annum. Ar
vada: from $1,100 to $1,000. Cheyenne
Wells, Cortez, Haxtun. La lara. Man
zanola. Marble. Platteville; from ST.
100 to $l.400. Englewood; from $1,000
to $1,000, Crested Butte; from $1,000
to $1,000. Limon. Mancos; from $1,000
to $1.400. Edgewater. Hugo; from ST.
800 to $1.40O, Louisville: from $1.4OO
to $500. Akron, Ault. Fowler, Hol-
yoke. Meeker: from $500 to $1,000,
Buena Vista. Fruita. Hotchkiss. Wray;
from $500 to $1,700, Rifle; from ST.
600 to $1.700. Gunnison. Julesburg.
Steamboat Springs; from $1,7OO to ST.
500, Eaton. Littleton, Palisades. Pao-
mia; from $500 to $1,000. Walsen-
burg; from $1,000 to $4,000, Florence;
from $1,000 to $4,000, Alamosa; from
$4,000 to $4,000, Las Animas. Manitou;
from $2.1OO to $4,000. Monte Vista; $2.-
200 to $1,000. Delta. Glenwood Springs.
Lamar: from $2,1O0 to $4,000,
Sterling; from $4,000 to $2.40O. Love-
land. Fort Morgan; from $4,000 to $2.-
500. Montrose. Rocky Ford; from $2,-
500 to $1,000. Longmont: from $2.7OO
to $4,000. Grand Junction, Trinidad:
$4,000 to $4,000. Greeley. Decreases
ordered are $4,000 to $500 at Aspen:
$500 to $1,40O at Georgetown; $I,1OO
to $1,000 at Goldfield