davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17
What Has Happened During the Week

MoNDAY-New Starrett pump being
installed by Daly-Judge company is de-
scrIbed. Annual report Of the Chino Cop
per company is received by western
stockholders. Movement back to the gold
camps noted. Opex company not willing
to discuss conditions until more work Is
accomplished. Important conference OF
copper men held in the east An ASSESS
inent is levied by Black Jack company,
TUESDAY-Centennial- Eureka COM
pany installing heavy pumps for deeper
work In sulphide zone. Report OF the Ely
Consolidated company submitted, and
company assesses cents n share. Ma son
Valley smelter plans progressing well
Special stockholders meeting OF the
Wemer Copper company is held. and new
board OF directors elected. Discussion as
TO what constitutes Legitimate clements
In cost OF copper production Cedar Tai
isman is loading q car of lead and a car
OF zinc ore, Victoria company OF Tintic
will absorb the Snowflake property. Bad
news In the cast drives stock prices still
further down the scale,
WEDNESDAY-Repor for June OF the
Goldfield Consolidated company printed In
full. Net profit for month was S62S. S.464.
Grand Central ore body is developed from
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17
SOME HEAVY COVERING
BY EASTERN SHORTS

james y. Pollock & Co. bankers and
brokers, furnish the following, received
over their private wire yesterday after
noon:
The New York Evening Sun Gays: The
stock market today was another dull and
disintegratng affair. There was dispo
sition at the opening TO close out some
long lines naturally at tho end OF the
week after the advance, and this, to-
gether with some short selling, was an
important feature in causing declines in
all leading issues. some shares sustain
Ing losses of point or more. On the
decline there was some heavy covering
by shorts, who anticipated highly IA
Norable bunk statement. and this checked
tho downward movement for n time.
Trading was very narrow. The mining
news was not particularly favorable, the
weekly trade reviews OF the commercial
agencies being rather disappointing.
Logan & Bryan Stock Letter. New
fork.-Trading in the stock market to-
day, was dun and uninteresting. Some
wcek-end covering UP OF accounts caused
recessions in early trading, but later
dullness became the feature and the close
was steady. The bank statement WAS
very favorable. The week closes with
an absence OF intense pessimistic senti-
menr noted heretofore. but nevertheless
the situation is still beset with unccr-
tainues likely TO undermine confidence
In the stability OF prevailing security
prices, The Pennsylvania strike is per-
crops will probably have n distinct bear
ing on the course of securities, and the
tenor of the news cmanaIing from the
northwest, together with that from the
corn belt still Is such as to cause re-
stralnt on the part Of the financial in
tercSts. The ease OF money abroad and
the weakness of foreign exchange may
have tho effect of inducing gold imports
earlier than usual. Although call rates
have been relatively easy. the time rates
have nevertheless displayed n hardening
tendency. and il seems TO be the general
impression among banking interests that
the demand from the Interior will be very
large this fall.
Boston.-The pressure to sell Lake
which prevailed during the week. due 10
liquidation OF weak accounts. was rot
in evidence today and the stock advanced
easily 10 81 on comparatively small
transactions. We believe the stock Is
In stronger technical position now than
H. ever was and can be safely bought
around this level Balance OF the list was
very quiet and with very little change In
prices. We look for continued dulness
for some time yet, and think good cop
pers should be bought on scale on the
weak spots from now on.-Paue, Web
Der & Co.
Hornblower Letter Boston.-Market
very dull during the two hours' session.
Lake Copper was the only feature and
after opening "a triflc lower there was
some little buying. which had a tendency
10 make the shorts rather nervous, and
covering movement set In. which car
rled the stock UP over two points The
changes in balance of list wore only
fractional Sentiment still bullish for
the long pull. but nothing in sight but a
traders market for the time being.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17
OHIO TURNS OUT
RICH PRODUCT
Concentrates During June Ran
Twenty-Eight Per Cent in
Copper Alone.
BEST MONTH IN
HISTORY OF NINE
Cost of Production Stated Be-
tween Seven and Eight
Cents q Pound.

f. Augustus Hcinze and Colin McIn-
tosh. officials OF the Ohio Copper COM
pany. now in Europe endeavoring 10
finance the organization. should look for
no stronger argument with which 10 in
terest the foreign men OF money in this
Utah red metal proposition than the
achievements OF the management dur
Ing the month OF June. One close TO the
company stated Saturday that this was
the banner month in the history of the
organization. and the management
worked with only imperfect tools at that.
for the mill. as is we'll known, Is only
about one-half completed.
When the management reports OF the
June operations he says. it Will be shown
that during June the mill turned out 12Oc
tons OF concentrates. the average copper
content of which was 2S per cent The
6 cents per pound. The output for the
month. therefore. should be close to 67@.-
900 pounds OF copper. on which a net
profit OF Al cents pound meant net
profit of over $50 600. The mine man
agement is said To be mining very eco
nomicaly. the output per man being
greater than any other proposition OF
Ike character In the country, He says
IF mill hopping along on one foot
can do this, what can the mill when
brought TO It's logical state of completion
do? Local stockholders do not know
what the difficulty is with financing this
proposition. but If they knew the proper
combination they certainly would march
in body TO overcome whatever is out
OF gear. Such a property deserves bet
ter things than il IS getting
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17
NEW ANGLE GIVEN
TO COPPER TANCLE
Syndicate Reported Forming to
Buy Up the Present Cop
per Surplus.

An entirely new angle was given the
copper situation Saturday by eastern re-
ports. which was TO the effect that
syndicate is being formed by prominent
United States and foreign capitalists.
whose object will be to purchase copper
at the existing prices. AS much as the
market will absorb ut various times VIII
he let 80 by the syndicate, the situation
being handled skilfully enough TO not
break the market.
This may be the solution decided OH by
The big copper interests TO bring ABOUT
normal copper conditions, for with the
buying OF the surplus. preventing 1t from
being the menace to the industry that II
now is, the consumer naturally Will be-
Sin to lay In something like his normal
naturally would be advanced prices. No
lntimation is given TO what interests
compose this syndicate, but 1t may be
the outgrowth of the conferences fire.
quently reported during the past few
weeks in foreign cities and in New
York.
Some sort OF an amicable agreement
between the big copper interests Is
deemed certain by those who assert some
knowledge OF the situation. The chances
for u war between the Analgamatcd and
Guegcnheim interests are not as threat
eniug now as they were. Had II not been
for the Morgan holdings In Alaska in
conjunction with the Guggenheims there
might have been a different ending to
the story AS IL Is. things look dif-
ferent. For all that, however, the situa-
tion is an interesting one.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17
CHANGES MADE IN
SILVER KING MINE
Number of Shift Bosses Is De-
manded by New Work
Being Done.
Special TO The Tribune.

PARK CITY, July ia number of
changes have been made In the working
forces at the Silver King Coalition Mines
company properties since the retirement
OF M, j. Daley from the general su-
perintendency and the succession of G..
u. Blood. 1t Is the intention of the man
agement TO increase the force OF shift
bosses by three additional men, the eN
tensive exploratory and development
work contemplated by the company max
ing such action necessary. Charles w,
Trounsen, for the past four years master
mechanic at the mine, has resigned, and
the duties OF the position VIII hereafter
be looked after by the general superln-
tendcnt,
One OF the greatest and richest ore
bodies ever found in this noted property
is now being developed on the 1900 level.
Its location alone makes IL the most sig
nificant find In the history OF the prop
erty, while the values OF the ore are
extremely fine. The ore is a sulphide.
and reports have IL that its value is 1G
per cent copper and close to $50 ounces
silver per ton, with good gold contents
as we'll, The extent OF the body cannot
now be determined. as all the workings
SO far done have ore reaching out be-
yond the top, sides and bottom.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17

FRlDAY-united States Smelling. Re
filming and Mining company meets with
success in operating the copper playhouse
system in California. New York financial
writer. Il. w. Kimmerberg. looks for still
lower stock prices. Engineers OF the Salt
Lake Route make splendid record In
constructing the washed-out section in
Nevada. The ore from the Nevada Hills
mine has been thoroughly tested, and
proper milling methods fully understood.
The Good Springs company ships first
car OF lead ore within ten days OF organ
ization. President of the Mexico Con-
solidatod company sends statement TO
stockholders In which he outlines his plan
of financing the company.
SATURDAY-Ohio Copper company
makes fino record OF production and earn
ings during the month OF June. Pittsburs
and Salt Lake OIL company let's contracts
calling for immediate drilling OF forty
one new wells In the Spring Valley oil
field OF Wyoming. International Smelt-
ing management turning over some of the
equipment. Syndicate OF foreign and
American capitalists reported 10 be form
ing for the purpose OF buying up the cop
per surplus. Silver King management
making changes In underground methods.
and splendid new find OF ore reported on
the loo k~-
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17
IRON BLOSSOM WILL
SINK SHAFT TO DEPTH

The management of Iron Blossom mine
in Tintic is cutting n large station at
the 1100-foot level, and when this is
completed a donkey hosting engine will
be installed. The object in making this
preparation is for the purpose of sink
ing the shaft to a depth of 1000 feet from
the surface. after which drifting will
be inaugurated on each OF the lower
levels at distance of 100 feet apart.
"Tucle" Jesse Knight has always had in
mind "a large shaft on this property
which would be put down to at least
1000 feet from the surface He claims
that they will get depth In this man
ncr that is sure TO result in the un-
covering of large bodies of ore which
will place the property in the list Of
large shippers for long time to come,
In the meantime regular shipments OF
ore are coming from the Nos. and 3
shafts. These include "A car Of fine sold
bearing rock each week, This yellow
metal ore body gives the company IL
nice profit and tho development of this
deposit is gratifying at this time. as II
IS getting stronger all the while, and
promises To provide "a handsome revenue
for the company for long time to
come
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17
TURNING WHEELS At
THE INTERNATIONAL
Power Plant and Crushing De-
pariment of Sampling Mill
Tried Out.

The wheels arc beginning to turn at
the copper smclter IN Tooele or the In
tenatIonaI Smelling and Refining COM
pany. During the past week the man
aSement began turning over the equip
meut Of the power plant. and toward the
last Of the week the crushcrs OF ore
sampling equipment were started. In
order to grind down all rough edges and
reset any Of the parts not exactly squar-
ing with the requirements.
4 the ore bins, there is n scene of ac.
tYlty presented. The Utah Consolidated
tramway Is bringing oyer Il limited ton
mage Of copper ore. which tonnage Will be
increased steadily as the tramway is linn
bcrcd up into prime condition. and as the
ability Of the International management
will permit OF it's proper reception. Fur
naces Nos, , and are In shape for opera
ton. with but u few last touches, and
work on reverberatories Nos. g. and |
Is being done as quickly as possible. Ow-
ing TO It's location and case OF access.
furnace No, will be the first fired. and
the warming up process In Its case win
likely date from the last week In this
month
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17
GUFFEY WAS INTERESTED
IN UTAH OIL LANDS

The report from the cast that the Cuff
fey interests were financially involved has
recalled TO Utahns the fact that at one
time these same interests were very ac-
tive In the attempt 10 dcvclop the Davis
county. Utah oil fields. Mr. Guffey spent
between $4,000 and $40. 900. said II. l..
of this city, who was seen by Tho
Tribune Saturday He says that Guifey
drove one well TO depth OF 1906 feet
striking no oil. but developing n great
deal OF gas on the way down. which was
eventually drowned out by water, At
one time Nh. Guffcy is said TO have had
close on to 10000 acres Of land tied up.
The action OF many OF the nearby farm
ers eliminated In such tansle OF leas-
Ing interests that Mr. Guffey retired from
the Utah field In disgust.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17

FORENOON SALES.
Cedar Talisman. 1000 at Sic.
Columbus. 100 Mt sec; 100 at b7c: 100
at 5Sc, 100 at Soc: 400 at soc: 100 at sic;
100 at &c; 700 at 63c, 200 at G4c.
East Tntic Con. 1000 ut &c.
Iron Blossom. 400 at 7Sc.
Lower Mammoth, 100 at 161c.
Mckinley. 1000 at 1c.
Nevada Hills. 700 at s2.25.
Sioux Con-, 200 at Isle
Utah Con-. 1000 at &c.
Victoria, 300 at s1175.
Yankee Con. $50 at sic,
OPEN BOARD.
Columbus. 300 at 64c, 700 at Csc; 300
at SEC: 200 at 67c; 300 at CSC
May Day. 1000 at 33c.
Plutus. 1900 at 22c,
Sioux Con, 400 at 1Sc.
Utah Con-, 1000 at &c.
TOTAL SALES,
Regular. 10s50 shares for s609s5o
Open, 16.100 shares for 3465e.2b
Total 2G.950 shares for $10.75i.75.
Weeks totals. 268.88 shares for $685.
1875.
Last week. 1oS,5Ga shares for ss5. .ss9, ,3s.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17
LAKE WILL. NOT TRY
TO GLUT THE MARKET

Lake will for an indefinite time limit
its rock shipments strictly to what comes
out in the progress of development. the
slopes being left untouched. The metal
market, in the first place. does rot war
rant increasing the output or maintain
ng any larger output than Is necessary
to dispose of the rock that is yielded
I'm the driving OF openings. and in the
second place ii is desirable to devote
all OF the drilling and hoisting capacity
to opening the mine for regular high
duty production IN the future rather than
TO attempt stopinG at present.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17
ONE HUNDRED FEET OF
ENCOURAGING MATERIAL

Up TO date tho management of the
New York Bonanza company at Park
City has followed the new assure 100 feet
to the east OF the S00-foot level and
the face, now three and one-half feet
in width. is n mass OF oxidized quartz
In which occur chloride stains und
punches of very rich silver ore. The
without being shipping ore. and the
management agrees that ore is logical
any round of shots.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17
COLUMBUS STOCK THE
FEATURE ON SATURDAY

Other issues were crowded 10 the back
ground on the local exchange on Satur-
day while the stock of the Columbus Con-
soldated stepped into first place Ru
mors OF new strike OF ore were rcspon-
siblc for 4 demand for this stock ana
there is a belief that this is different
from other reported strikes in this prop
crty in that 1t may be moro permanent.
The business for the day amounted 10
being S10,754.75 bringing the total for the
week To o6S.SSf shares of stock, market
value S9S,4l9.75 Tho following were the
closing unlisted and listed stock trans
actions:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17
INLAY COMPANY DOING
GREAT DEAL OF WORK

An idea OF the comprehensive amount
OF we'll directed development work done
by the Inlay company of Humboldt coun-
~. Nevada. can be gathered from an in
bpection of the new underground maps
3ust received by the Salt Leke officials.
The property is reported to be looking
better than IL ever has. and the mill IS
doing fine work considering the rather
limited water supply. an ailment that Ne
vada as a rule IS suffering from at this
dry season OF the year.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17
Mining Notes.

B. L. Cripps of Gum Thompson &, Co.
is in Ely on company business.
General Manager G.. II. Dem of tho
Consolidated Mercur company is in the
city from the camp
An eastern paper asks what must the
ore tonnage Of the Mason Valley mine
be. in view of the recent fine results at
depth. il the property few months ago
measured up 100000 tons Of per cent
rock.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17
Boise and Interburban Railway
Company, Limited.

Cars Ieavo Boise for Caldwell. 's:15.
500 900. 1000, 90. 1900 a m and
1900. 200, 300. $500. 500. 500. $4,000.
500 900. s"10;0o p m.
Cars leave Caldwell for Boise $3.50,
1870 $3.50, $50. 1880. 'll:30 a. m. and
1890. 1.3O. s2:3O, $3.50. 4:30, X5:30. CSC,
$50. as 80. $50 p. M
Baggage and express
sBaggage for Boise and Caldwell only.
xExpress TO Eagle and intermediate
noirtS only.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17
Nevada News Agenta.

Bauvard-A- c. Peaco.
Goldfield-Loufe Polin-
Hawtborue-Lo,Iie Poliin.
NEUTRALITY-SUSPICIOUS. Lowney.
LoveIock-Bible Bros.
ESidas-Mrs. c. A Harrington
Rawhide-Louie Polliu.
Reno-Hotel Golden News Stands Ro.
&c niha, & Armanka; Shepard e Son.
Terington-F- M. Burner.
W1nnemmuca-Pearce & Chase.
Co5re-RicIard Richards.
Cherry Creek-Grey & Couina-
Elko-WheeIer & Co.
Ely.Grace B. Paxon; HaTvilie Station.
cry Co.
McGiIl-M- Herman: Walden & Bur.
nett
Rnyoiite-The Crescent.
/ Ptoche-Pioche Drug Co.
\Caiiente-John Shier: Thomas Him
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17
EXCURSIONS TO DENVER
July 16-17

Via Oregon Short Line Union Pacific
Round trip from Salt Lake and Ogden
$3.50 Rate also applies 10 Colorado
Springs and Pueblo. Limit August 14th
City Ticket Office 156 Main street.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17

Silver Lake, Brighton. Brighton ho-
tel will open for business June 10
Roads are in Emo condition Mt presen.
time.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17

Manicuring and Facial Treatments
Exclusive hairdressing parlors for la
dies. Mebesy's. 274 Main street.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17

Most sanitary and finest equipped
barber shop in Salt Lake, now open AT
24l South Main C. G. Wirick, pro.
prietor.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17
Ore Shipments,

The Utah Ore Sampling company on
Saturday released cars OF ore from
Utah camps.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17

Rheumatism cured by Indian Process
Apply 213 South Second West.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17

GOOD PRINTING PAYS.
Century Printing Pays. 55.57 Post.
Office place.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17
Ore and Bullion.

The ore and bullion report for Satur-
day, given by Mccormick & Co., was as
follows: Ore received. $25 900; bullion
shipped, $40, 900; total. $50 900.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17
NEW YORK CLOSE.
Metal Market.

Metal Market
The metal quotations for Saturday,
posted by Mccormick & Co. were as fol-
lows: Silver, 5abc; lead, $40; copper
12ac,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17
Boston Conner Stocks.

James a. Pollock Sc Co.. be mixers and
brokers. furnish the following, received
over their private wire yesterday after
noon:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17
San Francisco Mining Stocks.

SAN FRANCISCO, July 16.-The off,
cial closing quotations for mining stocks
tOday were as follows.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17

Tribune Want Ads.
Bell Main 5000. Independent $50.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17
NeYadas IN San Francisco.
Bid. | skcd

James A. Pollock & Co. bankers and
brokers. furnish the following. received
over their private wire;
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-07-17
New York Mining Stocks.

James a. Pollock Sc 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, 1910-07-17
Sales.i II. L. else

BOSTON COPPER RANGE.
Omaha daily bee., 1910-02-23
Cash ana Homesteaders.

OMAHA. Feb. ALTO the Editor Of The
Bee: That there Is a mistaken understand
ing of the intent Of the original homestead
law, is evident when we note the explana-
lions of the proposed grub stake amend
ment. Thai a certain amount of cash adj
vanced will insure a homesteader being
able to stay by his undertaking. has not
been proven by examples. The history Of
our homestead settlements rather point to
the reverse. 1t has been a joke among
the real homesteaders that, His money
will soon be gone, then he'll be able to
start right"
If there is any reason why It has sud
denly become necessary for the settler to
have outside financial help-which in this
case ties up one half our public lands in
titles held by nonresidents-we would like
to know what 1t is other than his own
lack of self-reliance. While we do not ad-
vocate going back to primitive ways, yet
a few tales from some OF the old-timers
might be listened to to advantage. They
can tell you, from forced experience, how
to turn a horse-collar upside down to make
1t fit the old cow, etc. And our cities of
today are a standing proof of their sue
cess. 1t is a fact to be deplored that the
date of final <proof Of title Is the goal
looked forward to by the would-be home
steader of today.
No farmer with anything like a thorough
knowledge of his vocation is aking any
more chances by going upon a homestead
bare-handed than is any tradesman by
going into a city with the like conditions
staring him In the face. True, we have
climbed to a reckless height in the over
population Of our cities, but a nasty descent
is apt to prove disastrous. Let us help
Uncle" in his effort to guard what titles
there are left by UNFOLDING the letter and
intent of law which have proven excel
lent. AIS. PADDOCK.