davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-04
NOT MANY COPPER
PREDICTIONS GIVEN
Invisible Supply Is Unknown
Factor That Is Receiving
Much Respect.

There has been u very unusual dcarth
of copper news during the past week.
the red metal ordinarily being the sub
ject OF comment and prophecy To such an
extent that nearly everyone began 10
feel himself an authority on the subject
Many copper regulations were severely
strained. however on the publication OF
the October copper statistics the actual
results being so fur below expectation.
One prediction day or two ago was
TO The effect that the November igurcs
VIII not be as favorable as those OF Octo-
Der. So the authorities are becoming
more uncertain in their tone. at least
those willing to talk, but the greater
number have remained silent. The trou-
be seems To be with the Invisible supply
OF red metal that soueezes through the
cracks when least expected, and this fac
tor has become something which must
be given due consideration. Many are
wondering il il is not time TO smile, for
after the mine owners agreed TO curtail
production in order TO shave down the
visible surplus, the refiners slipped them
a few million pounds OF the metal in
the most dis0uieting fashion.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-04
SPRING VALLEY IS
MAINTAINING GAIT
Most Persistent Call Is for More
Cars to Bring in the
Oil.

Producers Of oil in the Spring Valley
field of Wyoming continue their pcrsis-
lent cry Tor more cars for bringing their
output to market. and on Friday the
Pittsburs- Salt Lake oil company shipped
To It's Salt Lake refinery one more big
consignment Of oil, The production o!
the camp Is on the increase. and the
many new drilling rigs now in action
or being set up for action promise still
itself into history.
II is learned that q party OF expert
cnccd oil operators from Pennsylvania
is expected In the field next Monday.
These operators have in view the opera
ton OF lease on section 30 OF the Pitts
burg Salt Lake company They have
operated extensively i'll Oklahoma fields
also. The Pittsburg Salt Lake company
mas given lease on part OF its section
IS 10 Oklahoma oil experts, and two new
wells will be driven there before the
close Of the year. Drilling vii! be start
ed tomorrow. j. C. Fisher has also Sc
cured lease on part of section a. and
Is now Installing his rig for drilling.
There is a steady flow OF oil from
the Texas King new well. this we'll hold
Ing out splendidy, The derrick for well
No is nearly erected. aud the drllcrs
will spud- in on Wednesday. Timbers FOR
we'll No. 8 have been ordered by this
company, and when ready this we'll will
be sent TO OF as fast as men and money
can do the work.
Two carloads OF oil were sent through
the pipe line during the past week by
the International Consolidated company.
another OF the successful PROPOSITIONS OF
this rich field.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-04
What Has Happened During the Week

MONDAT-Tintic Centrars chances for
securing a part Of the Colorado ore chan
mel is discussed. Walkers Copper letter
has extended mention of the copper mer-
ger plans. Unique system of leasing
practiced by the DAILY Judge company is
described. Utah's latest oil field near
Moab has been christencd Medicine Hat
Ophir I]ill property may be probeJ by
new drain tunnel. Mark Twain was
large stockholder OF the Utah ConsolI-
dated.
Observation-Disclosures on the Nevada
Hills mine given by W. w. Byrne. Rise
In lead prices helps the American s'meit-
ing company. Day mine OF the Ncva da-
Utah shipping enough ore 10 paw rum
ming expenses. Important changes are
being made by the Utah Mines Coalition
company. Eastern market authorities
are at sea over the conditions. The pessl-
mislc Hin Interview IS denied. The
Scent dividend. Montgomery -Shoshone
mine has been closed down. Work Will
be resumed on the Wedge property near
Msrysvale.
WEDNESDAY - Utah Consolidated
son company ratifies merger deal at Park
city. and West Quincy shareholders
postpone their action until December IL.
Government report issued on The oil pos
sbilities OF the Reno New. field Utah
Copper ard the Nevada Consolidated
companies declare usual quarterly divi-
dcnds. Amount OF December dividend
and interest payments will be big In
crease over past years.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-04
LESS DRASTIC SELLING
PRESSURE SATURDAY

James 4. Pollock g. Co. bankers and
brokers', furnish the following received
over their private wire yesterday after
noon:
Logan G. Bryan stock letter. New York
Although a continuance OF the pres
sure which has been noted during the
past weeks session WAS again in evidence
during The greater part OF today's trad :
Ing. still the selling was not as ac-
gressive as heretofore and there vese in
evidence signs OF desire on the pa rt
OF certain factors TO cover short con
tracts and. at the same time, buying OF
a much better character than has been
Witnessed Tor some time was in progress.
The bank statement issued after the
Close vas rather unsatisfactory. par
ticularly As in the exhibits OF both the
actual condition OF the clearing house in
sttution and outside banks a marked in
crease in loans was recorded which
seemed unnatural In view OF the dras-
Tic selling which has taken place lately
In addition. the loss OF cash was greater
than anticipated. but taken as 2 whole
the bank statement is not likely 10 ex-
ert very much influence on the security
markets at this time In view OF the pre-
Valling low rates FOR accommodations.
On December ! there is always con-
siderable shifting in connection with the
arrangements for the ycar-end adjust
ments, so that today's statement should
not De taken too seriously. II is generally
expected That the presidents message. 10
be issued Monday, will he conscrva tive
In tone. but a reversal OF attitude on the
part Of the administration is not ex-
pected The buying OF Steel was quite
good the last half hour. and il the de-
velopments over Sunday are not OF an
especially adverse nature efforts will no
doubt he put forth TO establish a slightly
higher range or prices,
Paine, Webber & Co. letter Boston
There was better demand all around
for stocks today. Liquidation seems 10
have stopped for the time being and the
floor traders had little better courage
The strength Of East Butte during the
past week has been especially notable and
any change in the market would sec a
sharper rise in East Butte than in any
other specially. North Butte and Lake
were well bought today and should rally
easily. We continue or advice 10 keep
long of coppers and buy more on reac-
tious.
Gallagher seys--Ray Consolidated was
about tho only feature Of the trading
On buying by Hadcn Stone II sold from
lai To 20. but reacted later to lal on
PROFIT taking. Balance OF the list dis
played tendency 10 lower prices. Tin
tics. Tonopah and Nevadas were duh and
steady Mays oil sold up 10 IS and
closed looking stronger than for some
time. Industrials were without feature
business very dull
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-04
LEASE AT MARYSYALE
PAYS SPLENDID PROFIT

Ruben Dewitt. who has been operating
lease on the Webster mining prop
critics at Marysvalc. IS in from that
camp and has just settled for the sec
ond car OF ore. H has lease for
ninety days on one of the claims which
shows a largo outcrop OF ore TO the surf
ace. and he engaged force OF men to
trench this deposit as long as his lease
lasted lie was able 10 extract two cars
of ore. which give high values in gold
and silver.
The first car was settled for in Octo-
her and netted him $500. and the second
car. which reached here n few days ago.
nettcd him SsIj3. They were both small
shipments the first one being twenty
and tho second twcnty-four tons. The
last consignment showed values of SIS
ounces gold and fifly-seven ounces sill
vcr. and the results were so good that
the company refused TO extend tho lease.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-04

URSOAY-Mcrgcr Of Nevada Utah.
Prince and other Phoebe properties is 70 :
ported 10 be certainty. Eureka and
Palisade railroad is sold 10 .. w Heintz
manager of the United States Smelling
Refining 4 Mining company. Columbus
Consolidated management is lighting
water AT depth Regular dividend de-
clared by the Goldheld Consolidated
Eastern stock values do not respond 10
good news. Demand for lead in Canada
is increasing.
FRlOAY-Report by states OF the cor
poratton lax results is given CoIoncI
Loose pronoUnces the Cold Chain n hip
mine. Cause OF Utah Consolidated stock
decline IN the east was unfsvora bic re-
port Of Engineer Claiming. South Co.
lumbus company issues statement to
stockholders regarding exchange Of their
stock for that OF the South Hccia com
pany Capacity Of the Ohio Copper mill
is now 1870 tons daily Raid on eastern
markets by the bear element opeX
slides down the scale on exchange. Ma
son Valley now has transfer Offices I'm
New York and Boston.
SATUROAY-Johu Derr is interviewed
meeting OF the Iron Blossom company is
held In Provo. Spring Valley oil opera
tors need more cars for bringing their
product 10 market. Not many predic
lions being made in regard to the coz
per outlook. The International SmcIt-
ing d Refining company Is not dependent
on The Tooele smelter for its present
dividendg. The Pacific property In
American Fork is preparing To begin
shipments. Operators up Big and Little
cottonwood arc praying Tor Yinler.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-04
UNCLE SAM MINE
LOOKING GOOD
Recent Discoveries Place This
Property in Possession of
Much Ore.
JOHN DERN TELLS
OF RECENT VISIT
May Day Also Looks Like 1t
Soon Will Be in New
Resource.

Satisfied in every way with the Uncle
Sam Consolidated mine conditions John
Dern has returned from visit to this
Tintic property. Mr. Deru says that
the body of ore discovered about two
months ago and from which such good
earnings are now possible, is holding as
good and strong as II has been at any
time. and there Is large stretch OF ter
rltory 10 the west for the Uncle Sam
to follow this shoot before reaching tho
Richmond Anaconda lines.
There has been a find OF new ore made
Within the past few days on the north
end OF the property. This section Of
the Uncle Sam three or four years ago
gave up splendid tonnage OF rich ore,
from which many dividends were wrunc
TWO or three attempts have been made
since that time to find more ore. which
have resulted favorably. and in terri
tory above the old shoot, The manage
ment is now drifting to the south on the
shoot which is ten 10 fifteen feet in
width. and IT Is very good grade rock
Ihesc new finds serve TO illustrate the
p9ssioiilties p',s OF the unprospected ground
within the Uncle Sam lines.
AZ the May Day. Mr.. Dcrn found con-
dltions In satisfactory shape. The man
asement Is drifting on the 100 level for
tH' oi' hio"n 10 eNJbl lVV lcct above.
but the objective point is some distance
ahead yet. There has been a very graft
Tying change In the formation lately.
however there being a mass of iron and
decomposed lime which cannot help but
create the expectation that ore NAV
make It's appearance before the drift
reaches the point whore originally eX-
pectcd.
Mr.. Dern visited the Lower Mammoth
property also. The annual meeting OF
thls orSanization is scheduled soon and
cohdltlonS Underground Will be entered
INTO Tor the benefit OF shareholders at
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-04
IRON BLOSSOM
ANNUAL IS HELD.
Very Satisfactory Report Win
Be Ready for Publication in
Few Days.
THERE Is ABOUT
$5S,OOO IN TREASURY
Many Matters of Interest Are
Brought Out at the
Meeting.
SnecjaI Ia The Tribune

Special TO The Tribune.
PROVO Dec. Saturday afternoon in
Provo tho shareholders OF the Iron Blos.
som Mining company held their annusl
session. There were no changes In thu
board OF directors. the following named
liam knight. w. Lester Mangum r
Alien and Amanda NJ. knight Jessc
knight doubtless will he selected again
AS president: j. William Knight as Vice
president. and Mr., Mangum as secre-
tary and treasurer.
a report was read TO stockholders a,
the meeting. hut as IL had not been
completely rounded out for publication.
II Will not be given 10 tho public untii
later in the week, The report showed
however, that the mine was In splendid
condition. and that the results OF the
past year were very satisfactory. 1t was
stated after the meeting that the mat
ter OF A mill for the sillcious gold and
silver ores or tho south shaft was dis
cussed. but that no action was taken.
stockholders have been anxIousIy
awaiting some definite word in regard
10 the December dividend, nut nstiraI-
ly such a matter could not be de,sr-,
mined yesterday. this being decision,
for the directors themselves 10 reach
II was stated that the Iron Blossom,
treasury now holds approx metely s5g 00d
ore shipments cnroute TO the market
which win bring the treasury fund M
to near 1000. There is sufficient cash
for the December dividend therefore
but the stumbling block Is the advlsa-
bility OF paving this money out before
tho management secures market for
tho silicious ores. the main resource NOW.
developed in tho property.
IL is generally admitted that the Iron.
Blossom is i'm the best condition OF its,
history. and that il holds the gra,sstl
developed tonnage Of any knight propo.
sition The report giving the details az.
the work for the past year. therefore
will be awaited with intense interest by
all stockholders.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-04
KING WILLIAM BREAKS
INTO THE BLUE LIME

After q patien, campaign through a
wide area OF white lime. the manage
mcnt OF the King William company at
the ore bearing blue lime, and the hunt
for ore can now be prosecuted with a
far better grace than in the past. This
work is being carried forward on the
1000 level. These new conditions have
been OF much encouragement TO all con-
cerned The company Is operating Via
the Eagle and Blue Bell workings.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-04
AFTERNOON SALES

AFTERNOON SALES.
Black lack. 1000 al 1oc; 500 at losc.
Cedar ralisman. $500 at l4Ic.
Colorado, 1900 at &c.
Columbus 500 at 25c
Iron Blossom. 500 at I6c.
May Day. $500 at Ilsc; 1000 at lie.
Masonic Mountain. 500 at ale,
Nevada Hills. 100 at s2.125: 100 at 80 15.
Silver King Coalition. 200 AT sIs7I
Sioux Consolidated. 500 At 3Ic.
South Columbus Consolidated. 100 AT
l2lc. 'O' a'
Tin;ic Empire, 1000 at 42c. 1000 st Sc.
Uncle Sam. 500 al SIC; 1000 at 56c; so
al 55c; 90 at 5ec. ' w
OPEN BOARD.
Black Jack. 500 al Ioc.
Colorado. 1000 at &c
Iron Blossom. 7e0 al 76c
Tlntic Empire. $500 at &c.
Uncle Sam. 100 3t 56c.
TOTALS
Regular. 200 shares for s5o5s.5o.
open. 11.9J0 shares for s243925
Total. SS,15o shares for S7s95.75.
WEEKS TOTALS.
520427 shares for ss2433.ST.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-04
WIDE DIFFERENCE IN
PRESENT VALUE STOCKS

stockholders OF the South Columbns
consolidated company who have received
an invitation TO exchange five of tLej,
shares for one share or the South Hecln
company. believe that under tho condi
TONS more detailed Information should
visaoility of giving M stock selling Tor
ia cents. and I'VE shares OF II. for one
share ol stock whose last quotations ser..
about ~ cents hid.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-04
Nevada News Agents.

E1UNard--A. c. Pesco.
GoidGeld-Louie Pollin.
fiswthorne--Louie PollIn.
NEUTRALITY-SUSPICIOUS. Lowney.
I.nToiock-Bible Bros.
Midas-MTs. e. A, Harrington.
GawhiJe--Loule Polln.
2eno-Ho:el Golden News Stand: Ro-
sen.hal Armanka; Shepard q Son.
Yering,on-F. NJ. Burner.
Whine enlucca-Pesrce G. Chase.
cobre-Richard Richards.
Cherry Creek-Crey g. Collins.
Elko--Wheeler & Co.
Ely-Graee q. Paxton. HarvIlIe Station
CRY Co.
McGlll-M. Herman: Walden & Bur.
nett.
Rayolite-Thc Crescent
Ffoche-Pioche Drug Co.
Caliente-John Shier; Thomas Him.
street.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-04
PI0CHE MERGER PLANS
ARE PARTIALLY KNOWN

a message from New York on Satur-
day called for the immediate departure
of +. II. Woollcy western representative,
and II. c. Parker. consulting engineer,
OF the Nevada Utah company. They will
leave today, bearing with them COM
plete inventory OF the assets OF their
company, 1t is known that the Nevada
Utah company has absorbed the Con-
soidatcd Piochc and the Prince Consoli
Nevada Utah company viii issue shortly
the terms by which this is TO be done.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-04
TINTIC ISSUES LEADING
ON THE LOCAL EXCHANGE

Business oil the local exchange on Sat
urday. as il was during the week. was
confined almost entirely 10 the Tintics.
Yesterday. the sales totaied 3S.l50 shares
of stock. the market value OF which was
ST495.15. This brings the total for the
week 10 330.4g7 shares. value SS2.43a.S1.
The following were the closing unlisted
and listed stock transactions.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-04
BOSTON MINING STOCKe
Ore and Bullion.

The ore and bullion report for Satur-
day, given by Mccormick & Co. was as
follows: Ore received, $4,000: bullion
shipped, $l2Q. 600; total, sStJ0 900
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-04
"lnteusely interesting. " historical.

'JntenseIy interesting, Historical.
" correct" is the verdict of Utahn,
who have read Josiah F. Gibbs s lates.
work On the Mormon question. "The
Mountain Meadows Massacre The
pamphlet Of sixty pages is excellently
illustrated. with engravines from pho.
tograpbs taken on the scene of the
tragedy. The edition is going rapidly
at 40c each. two. for 75c, three for ST,
Elk for sl.5o. postpaid.
THE TRIBUNE PUBLISHING CO.,
Salt Lake CITY. Utah.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-04
Metal Market.

osted by Mccormick & Co. were as
Flows Silver. 55c; lead. 1880. copper.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-04
San Francisco Mining Stocks.

BY AssOciHted Press.
SAN FRANCISCO, Dec S-The Off
cia closing quotations OF mining stocks
today were as follows:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-04

The everlasting girl question is easily
and entirely solved by the instertion of
little want ''ad'' in The Tribune.
Bell phone 52o0. Ind $50
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-04
Boston Copper Stocks.

James A. Pollock {: Co. bankers and
brokers. furnish the following. received
noon;
RnST0N COPPEI2 RANGE
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-04
Ore Shipments.

The Utah Ore Sampling company on
Saturday released Ave cars of ore from
I tab camps.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-04
Neysdas In San Francisco.

James A. Pollock & Co.. bankers and
brokers. furnish the following. received
over their private wire Saturday after
noon:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-12-04
PACIFIC ORE SOON
To REACH MARKET
Another American Fork Group
Preparing TO Ship Some
Good Ores.

That the American Fork district Is
getting ready 10 constitute ono more OF
lis properties a producer OF rich ores Is
vouchcd for by Sam Levy. the mining
engineer. who has been making an cN-
animation OF some groups there for local
interests Mr. Levy has reference to the
Pacific property, formerly known as the
Blue Rock, where recent development has
disclosed a very gratifying body OF orc
II do not know whether ] am at liberty
to give you ell the details OF this new
discovery" Mr., Levy said on Saturday.
but / can say that the Pacific manage
ment has a fine showing. and shipment
IS being prepared for the local smelt-
crs The ore will average 20 per cent
lead and about 90 ounces silver. The
vein has been followed for 200 feet along
its strike. and tho operators arc both
raising and sinking on IL at this time.
The shoot Is on the lower tunnel level
New York Mining Stocks.
James A. Pollock & Co, bankers and
brokers, furnish the following, received
...ei. ..rs,..tc ...re ,--ScrLaS after
noon:
White Pine news weekly mining review. [volume] (East Ely, Nev.) 1910-1920, 1910-10-09
D. c. MCDONALD RETURNS
FROM M|N|KGCONGRESS
MANY PROMINENT MINING MEN
ARE EXPECTED TO VISIT DIS
TRICT AS RESULT OF LOS AN
GELES MEETING.

Mayor ID. c. Mcdonald returned
the early part of the week from Los
Angles. where he represented White
Pine county as a delegate to the min
ing congress. When seen by a News
representative, Mr.. Mcdonald said
that much good would result from
the meeting and that he expected a
number of the most prominent min
ing men in the country TO visit this
section, as they had expressed them
selves along those lines after having
been told of the wonderful resources
of the Ely district According TO
Mr. Mcdonald, Ely is one of the best
advertised mining sections in the
country and while many of the big
mining people knew of 1t through
the medium of the press, yet some of
them were inclined to think 1t strange
that il should have laid dormant for
so many years. The mayor assured
the members of the congress that If
they visited this district they would
find il even greater than 1t is gen
orally represented to be. Mr.. Nc
Donald stated that the treatment ex-
tended the members of the congress
by the Sierra Madre Club and Cham
ber of Commerce of Los Angeles was
the most hospitable he ever expert
enced. During the mayors stay in
the City of the Angels. the Los An
geles Times was blown up and the
sights to be seen Immediately fol-
lowing the explosion, beggars des-
cription. The thousands of people on
the streets could see a number of the
unfortunates in the building trying
to make their escape from the burn
ing edifice, but before they could
reach the windows. the flames en-
quilted them and made the holocaust
all the more terrible
White Pine news weekly mining review. [volume] (East Ely, Nev.) 1910-1920, 1910-10-09
BIG PUMPS ARE BEING
INSTALLED At G|R0UX
CROSS CUTTING OF THE ALPHA
ORE BODY, THE BIG WORK OF
PROGRESS.

At the Giroux Consolidated they
are going ahead with the preparations
for the installation of the pumps In
the big pumping plant at the 1900
foot level in the big five compartment
shaft. 1t is expected that the first OF
these, with a capacity for handling
1900 gallons of water a minute will
be placed in about two weeks. A
second pump, with a capacity of SOC
gallons a minute. will be installed
later, and a third pump with a simi.
lar capacity, will be placed lower
down in the shaft later on.
The drift for the crosscut at the
l 200 has been started, and within a
very short time. the crosscut will be
under way. This is the big work OF
the big shaft, the prosecuting of the
Alpha ore body, and as soon as the
l .400-foot level can be made a second
erosscut out to the Alpha will be run.
All of this work takes time, but
everything is being done as expedite
ously as possible, and the Giroux will
be in the ore before it is realized in
district.
The work on the permanent hoist
ing plant is being rushed along, as is
the rest of the work in connection
with the mine. The big smokestack
has been raised, and the major por-
tion of the machinery is under cover,
so that the winter weather will not
bother that part of the plan. Nothing
furher has been heard with regard
to the erection of a concentrator and
smelter, but there appears to be no
doubt that something very definite on
those lines will be forthcoming very
soon. They are now going after the
ore; they have been doing consider
able prospecting with churn drills in
the porphyry zone. and the time is
pretty close at hand when work must
be commenced on the eoncentrator, at
least. to be in readiness to handle the
ore.