davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-30
C0LE-RYAN PEOPLE
AND THE ELY DEAL

Although there has been a kind OF
q denial Of the reported extensive pur-
chase OF property in the Ely, New,
district by the Cole-Ryan interests,
mining, men at present in this city are
positive in their declarations that the
story given out is true. s ii comes
direct from an officer OF the East Ely
TOWnsiIe company, from whom the
property was secured. II is stated with
some degree OF authority that the
amount paid by the Cole-Ryan people
was in the vicinity OF $4,000. GEO. The
recently acquired property gives the
COie-Ryan interests some 500 building
lots in Ely and includes valuable
water rights
4 don't think" said a man who is
in the city from Ely and who is quite
close 10 the COie-Ryan people" says
the Boston Commercial that the new
owners intend TO give much attention
TO dealing in building lots. and 1 have
reason to believe that the question that
is already engaging their attention is
that OF the erection OF large smelter,
but whether this smelter viii be
erected in Ely or at the Giroux mine
is a question yet 10 be decided. II is
believed that the selection of a smelter
site viii soon be decided so as TO com
mencs work on the buildings this fall
and IL necessary carry on work the
greater part OF the winter
The big question TO be solved is
whether IL will be cheaper TO pump
water from East Ely TO Giroux for a
smelter at that place OF 10 build s
shelter outside of Ely and construct
a railroad TO the mine. The purchase
~ the immense tract OF ground is at
fractfng the attention OF the entire
mfnfne world, as il is believed that IL
means much for the further extensive
development OF the mining property OF
the west.
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-30
CENTENNIAL -PI0CHE
TO START WORK

Centennial Phoebe will soon be the
scene of activity, operations al this
promising Phoebe property 10 begin
soon after the arrival on the ground
probably next week, of NJ. c. GOdbe,
manager. The main shaft on the prop
erty is now down nearly 500 feet in
the everything limestone. and within the
next 70 or zoe feet the shale should
be encountered, where there is little
doubt but what permanent ore bodies
will be found. The Centennial is below
the Prince, where valuable deposits
were found making in this shale, and
at the greater depth at which the shale
will be cut by the Centennial workings,
big things are looked for.
Improvements at the property consist
of a Fairbanks Morse gasoline hoist,
substantial and complete hoist building.
blacksmith shop, gallows frame, sur
face tracks, cars, tools. supplies and
the like. The shaft Is a double COM
partment vertical. The management
has put in one of the best shafts in the
district at an average cost OF S15.45 q
foot.
The Centennial is now well financed
TO carry on this contemplated work.
which when we'll under way, will be
kept up until the property becomes
what its owners consider IT, one Of the
best in the district.
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-30
ELY CONSOLIDATED
MAKES GOOD SHOWING

After a thorough inspection Of the
property Of the Ely Consolidated Cop
per company in White Pine county. Ne
vada, S NJ. Levy, president and gen.
eral manager OF the company. has just
returned. In an unfortunate mix-up of
the words returned" and resigned" in
yesterdays paper, the latter word crept
in. much to the annoyance OF all con-
cerned.
Mfr. Levy reports that the work of
sinking the 40o-foot Jack shaft 10 the
500 level is progressing satisfactorily.
II now being down $50 feet. At the
500 level they will cut a station Just
what viii be done on the 600 will be
somewhat determined by the character
Of the ground encountered No doubt
a drift will be sent out 10 crosscut the
ore body found on the 400 level AT
this greater depth il is anticipated that
the sulphide zone will be entered The
characteristic Ely copper in porphyrftic
beds Is found. but some rich contact
deposits lying against the lime have
been uncovered. The Ely Consolidated
now has nearly 2.00e feet Of shafts.
and combined tunnels close TO 1000 feet,
ia many Of which ore OF various grades
has been encountered.
The Ely Consolidated lines come uu
TO within 500 feet OF some OF the prin-
cipal workings on the Nevada consoli-
dated. and il only q short distance from
one o. the great steam shovel pits.
where the low grade porphyritic ores
are being scoOped out. leaving small
valleys crt In the sides Of the hillA
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-30
GENERAL IMPROVEMENT
IN TRADE CIRCLES


New York. Oct 29.-Speeulative ac-
tiVity in the stock market during the
recent week has centered in Steel COM
mon almost entirely, with the record
price on this move of 500 made Friday.
The rest of the market has been filled
with cross currents which have proven
disastrous to the trader. The market
finished the week with a tone of heaVi-
ness. apparently as a result of a cessa :
ton Of any bullish operations by bank
ing syndicates which might have been
influenced somewhat by a money posi-
ton at the close OF the month which
would not warrant a continuance of
the rise in prices hence rise in values
is not Illogical, TO say the least
A general Improvement in trade
circles seems apparent and which viii
assert itself in November and Decem-
Der by heavy equipment and rail orders
by the leading transportation COM
panies of the country. The steady de-
cline in farm products of the country
is a most favorable factor In the money
outlook as heavy foreign purchases of
cotton and grains will result. While il
is doubtful If we can expect any very
material upward movement in securi-
ties in the immediate future on top OF
an extended rise in stocks in a month
past. we doubt il declines viii be any
thing more than nominal before another
bull move strikes Wall street later in
the year,. F. Hutton & Co.
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-30
HEARD ON THE CURB

I've found a bed of the most beau
uful sillclouS sand l ever saw. 1t Is
not a thousand miles from Salt Lake
either 1t Will run So per cent pure
silica; just the finest for glass in the
world. Not only ordinary glass, but
good enough TO make plate. I'll have
a glass factory here within year"
X X
Now that the mining skies seem 20
be clearing a little, / think I'll sneak
back into the fold. I've been out about
three years now, and that's about as
long as 1 can stand IT,"
When IL comes 10 the petroleum pos
sibilities OF Utah, Salt Lakers remind
me Of bunch OF Rip Van Wrinkles
THE boys had several good days on
change this week. and consequently
are feeling more red than blue"
X X
IF there was a United States or uni
versal state law giving stockholders,
whose stock has been sold under as
sessment, the right of redemption with
in a reasonable period, say something
like that on real estate. 1t would be the
means OF establishing more confidence
in mining stocks. AS 1t now is. a man
is caught In pinch; has to let his stock
go, when a little later, II he had the
privilege, he would be glad to get IL
back by paying a good rate OF interest.
That. and permitting the existence OF
corporations on options alone-that IS,
unless companies own their claims out
right, incorporation papers must not be
issued BY the state, would all tend TO
give the public more confidence in min
ing in general than any other two
things"
I'd like to see those Indians get TO
specializing on silver once more II II
would again give silver such a boost"
X X X
''MarysVaie didn't let this week 80
without coming back at you with some
lively news. She's a conner"
X X X
Didn't tell you IL was left for Cole
Ryan TO come along and give sleepy
old Phoebe an injection OF elixir of
hfe?"
"Ail those theories about iron being
the mother OF minerals; all that about
these complicated ideas OF ore making
are wrong when. If a man once got near
20 natures heart and found out things
as they are, all old notions and theories
would fade away and he would find
everything simplicity itself"
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-30
TEXAS KING OIL WELL
HAS 124-BARREL RECORD

Salt Lake business men are begin
ming 10 turn their interests toward the
spring Valley oil fields near Evanston,
Nyo., only IFS miles east OF this city.
Yesterday ]. ]. Trenam, ce-president
o. the Texas-King oil 4 Gas com
pany, accompanied by half a dozen
other Salt Lake men interested IN the
property. returned from Spring VAL
ley Mr.. Trenam says this first well
drilled on the property Is down 764
feet.
eve were there and watched the
first DAYS pumping" said Mr., fireman.
who reached town last evening From
s o'clock Thursday until : o'clock Fri
day-twenty- four hours-the well ae-
tually produced l24 barrels. or about
$500 gallons With a little effort on
The part OF the bumpers this record
could have been considerably exceeded
This OH has an unusually high gravity
f6. There is considerable gas pres
sure When We left the field AT 8
o'clock yesterday morning the well was
giving up a steady stream. with every
indication that we have good. STEADY
producer
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-30
WILLOW PATCH MILL
STARTS NOVEMBER 5

Unless unforeseen circumstances in
tervene. the new mill OF the Anal
gamated Nevada Mines company az
QTiliow Patch viii be put in operation
on November s. Such Is the gratifying
eezgs brought from Osceols last night
nv Manager A. G. Burrlff-
n austin Brown. president of The
-oraoany. is expected TO arrive from
RoStor next Thursday night 10 witness
ne initial run OF the new milling
nlsnf- The dropping Of stamps in the
hmalgamated mil will be an auspic-
IONS event in eastern White Pine. and
the occasion viii be properly cele-
h-s,SS nv the residents in that section.
s.1-be MN has a capacity OF twenty
.one daily" said Manager Burrttt.
@end is thoroughly equipped Tor treat
s s,'e. modern methods. The building
~ . trestle Is all that is necessary be-
Sore the mill can be started up we
a. NOT anticipate that Il VIII take
Soneer than ten days 10 dispose OF this
fask. Fly Expositor.
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-30
NEVADA-UTAH AND
OH|O-KENTUCKY
Presidents on Way to Start
0perationS-Bright Pros
poets for Phoebe.

Word reached Salt Lake yesterday
that Ernest r. WOOlley. the newly
elected president of Nevada Utah
Mines & Smelter company, and A.
Fl. Goodbe, president of the Chicken
lucky Consolidated Mining company.
were on their way from New York
TO Phoebe, and would likely stop over
in Salt Lake only a few hours, prob
ably today or tomorrow, going straight
through 10 the scene of activity.
where it is understood that great ac-
tivity will be inaugurated on the val
liable little tract of ground lying be-
tween and Jointly owned by the two
corporations.
Work Famous Property.
The two companies will unite IN
working this famous old Raymond
Ely ground. which in former days
gave up fortunes. even when ore had
to be hauled oyer a hundred miles
by wagon 10 the nearest railroad
point The starting of operations
here means that many other proper
ties in the Phoebe district will at once
take heart and begin showing life
once more, and presently Phoebe gives
promise of being one of the liveliest
camps, and one of the heaviest ship
pFAS u EA4NNA -AtsA4 VI . IA NAAN AAANCi-
mountain country.
Just before leaving New York Mr.
Woolley sent out TO the stockholders
of the Nevada-Utah the following let
ter, which speaks for itself:
WOOlley's Convincing Letter.
''In succeeding George E. Learnard
as president of your corporation.
pledge my every effort to make it a
success i do so believing firmly that
under intelligent and economical
management the company's properties
Will be placed upon a productive and
profitable basis. 1 make this state,
ment only after examining thoroughly
the company's every asset some of
which are at this time capable of
very heavy productions. others pros
pectively so. OF this you have had
the assurance of a corps of competent
engineers and OF many experienced
and expert miners, they having told
you of the vast tOnnages of ore avail
able, For further comment upon
your cOmpany's holdings 1 shall ask
you to await a later date. Assurance
that your properties are TO be oper-
ated and further developed, giving
tangible results. is what you now most
desire. II shall be your management
effort to demonstrate, at the earliest
possible date, that these results are
attainable. To that end. operations
will be vigorously prosecuted. with
the aid OF as large a force as is eco
nomically consistent.
Il pledge you my undivided atten-
ton 10 the interests of the company,
and. with your cooperation. have no
fear OF results"
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-30
WONDERFUL OIL
FIELDS Of EMERY
Six Rigs on Ground or Com
ing-Three Deep Oil
Sands.

Prospects OF striking oil in the new
Oil district fifteen miles southeast from
the town Of Emery are extremely en-
cOuraging. The Indications are such
as 10 lead the workers to look for a
gusher While the first drillers have
acquired only a depth OF 800 feet, they
say that they expect TO bring in a
we'll at any time. The. gas pressure
is becoming very strong, sure indica-
ton that it is not much farther to the
oil soil, according 10 H. A. Pitts. gen.
eral manager OF the American Oil &
Refining company. which has secured
an empire OF 10000 acres in the En-
cry oil fields.
Utah's Great Fields.
Mr.. Pitts is the original locator in
Emery county, having stepped OFF his
first claim March Is, 1910. He has
had fifteen years experience in the oil
business in Texas and California. He
has the distinction of having drilled
the famous Beaumont No. 3 gusher,
which gave off 10000 barrels a day.
The gusher came In at 1870 feet,
blew out all the drilling apparatus,
shot 500 feet into the air. and today
Is as quiet as a babe In a cradle. Mr..
Pitts says he has visited every great
oil field in the United States. and for
extent and promising indications, none
will approach the Utah fields. The
oil sands are several hundred feet IN
depth, capped over with an impene-
trable hardpan, everything being ideal
for Theoretically sealing in the oil
pools. His company viii have rig
on the ground in a few days.
The First Well.
The owner of this first we'll is Pat
Welch of Spokane, Wash They es-
innate striking the first oil sand at
about 45O feet. There are five other
drilling rigs going into the field, which
viii be put into operation within the
next few days
''The oil sand groupings in this field
are the largest on the North Ameri-
/ can continent. and every oil operator
from California and elsewhere, who
/ has visited the field recently. ex-
presses mis- opinion as to its being "a
sure shot says Mr.. Pitts.
Three Oil Sands.
There are three oil sands exposed
in the face of the high blum of the
San Rafael swell. The first is 400 feet
below the surface. and 500 feet thick.
The second lies Just underneath the
first, and is 100 feet thick, being di-
vided only by a solid sandstone cap
ping fifteen feet thick Five hundred
feet lower is the third oil sand. 100
feet thick The numerous seepages
found assure the prospectors of an i'm
mense flow of oil when tapped by the
drill.
There is a tOwnsite laid out in the
new oil field called Oil City, and a
railroad building from Wellington 10
Oil City. Il has about thirty miles OF
roadbed graded, and the right of way
and depot grounds granted 10 the
Eastern Utah Railroad company into
Oil City.
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-30
JARB|DGE PIONEER
VISITS SALT LAKE
Mike PavIak and Wife in From
Camp and Report
Progress.

Mike Pavlak. discoyerer OF the IA
nous Pavlak claim in Jarbidge, which
on the surface produced such fabu-
lousy rich gold ores, second man in
the camp, having reached there in
September, 1903, locating the Pavlak
claim next month, is in the city for
week. accompanied by Mrs. Pavlak
When seen yesterday afternoon Mr..
Pavlak said just before he left camp
there was a murder and strike. A
man named "Frenchy." or Jasper. got
killed in a row. The new strike was
in the Curley lease. on the Pavlak.
In a 60-foot tunnel some very high
grade gold ore was cut.
The outlook for the camp is very
good" said Mr.. PaYlak. Properties
are improving where they are being
properly developed When we work
we get results. Ii is a slow dragging
camp on account of the long, poor
roads leading in, the one to Twin
Falls being the only road outside OF
trails. and that is a bad one on heavy
machinery. But you see we are about
to pull a mill in over it in spite of its
roughness. What the camp needs are
mills TO take care of the low grades
Some other companies are now figur-
ing on putting in mills. The nigh
grade can go to the winds; it's the
big low grade deposits which will
make the camp.
we viii soon have a telephone
from the Elko side. 1t is now as far
as Gold Creek and ROlan. A private
company is being formed 10 carry it
the rest of the distance over the
mountain. Gold Creek is about 22
miles from Jarbidge."
Mrs. Pavlak said: Il have been in
camp since March %. We are fixed
very comfortably with a nice little
home, and 1 greatly enjoy life out in
the Jarbidge hills"
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-30
DID THEY LEAVE GUARD
WITH VALUABLE STUFF?

Yesterday Utah Mine marketed an
other car OF high-grade from its Fisf
Springs property in western Tooele.
The car did not net the company as
much as usual from the fact that Il
was short about twelve tons. The teams
on their 70-mile haul encountered so
much mud in spots that the horses gave
ont and about 12,6ee pounds of the
valuable stuff had TO be unloaded in the
middle OF the desert The car was ac-
cordfngfv short. This ore will be
picked up and sent in on the next car
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-30
NEBO CENTRAL ELECTS
NEW OFFICERS

Word comes from Mt. Pleasant that
at the annual meeting OF the Nebo
Central Mining company the following
Officers we're elected: President. lanes
ID. simpson; vice president. Charles A.
HYDE: secretary, l. C. Robinson: treas
urer, Thomas West with Aaron Hardy
and William Olson as additional d.
rectOrs
Reports from the mine and from the
Nebo district in general are most favor
able. Charles Hyde OF Mona. mana ger
OF the company, was present and gave
corning the property. which he consfd-
ers very promising Favorable reports
from the district in general were made.
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-30
WEEKS TOTALS
VERY CRAFTY |NG
Gain of 112,427 Shares Oyer
Sales of Previous
Six Days.

Yesterday proved another rather
quiet day on change, with few Of
the principal trading stocks showing
slight declines. Beck Tunnel Is grad
ually crawling upward. yesterday SELL
ing at IS cents. more than trebling in
price since the first week OF this month.
Black Jack sold at ia cents; Colorado
at SS cents Iron Blossom at 73 and "a
cents: Prince Con. at SO cents; Uncle
sam at Ala cents; Cedar Talisman at
II cents; Sioux Con. at ga cents, most
OF the stocks holding firmly 10 prices OF
the past week
The total sales were 2S 450 shares at
45,lss.25. The total for the week was
42l yes shares at S7s.2S4.67. This is a
gain OF over 100, 900 shares over the
previous weeks total of 80S,7s1.
Yesterdays official closing quota
lions were as follows.
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-30
GUGGENHEIMS PREDICT
14-CENT COPPER
Especial 70 The Herald-Republican,)

Especial TO The Herald-Republican.)
Boston, Mass, Oct. 2s.-Thirteen
cents has been named by most. il not
all, the leading selling agencies for
January copper, and while the volume
OF transactions for the New York de-
livery has not been large. each days
business contains orders for more
Some December eleetroiytic has been
sold at 10 cents. with bulk OF sales,
however, at ia and l2s cents. Very
little copper is available for de-
livery up TO January 1. The Guggen-
helms make the prediction 10 some OF
their friends that by March / electro
lytic copper will sell at IA cents
They now handle three hundred mill
lion pounds in their selling agency. or
two-thirds of what the United Metals
Agency handled. They are sold up to
the close Of 1910.
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-30
Saturday, sales.

Saturdays Sales.
Beck Tunnel. SEQ at 13e.
Black Jack, 100 at lie; 1000 at
173c
Colorado. 1000 ct 33c
May Day, 1900 at 7sc; 1000 at 73c.
buyer Go days.
Nevada Hills. 500 at 50 IS.
New York. $500 at PC.
OpOhOngO, 500 at 17Ac.
Prince Con-, 100 at 83c
Silver King, 100 at s1.65.
South Columbus Con, 500 at lac
Uncle Sam, 700 at 41ac.
Utah Con-, $500 at 1ac.
Open Board.
Beck Tunnel, $50 at lie; Ice al f23e
buyer so days.
Black Jack, 900 at 173c.
Cedar Talisman, 1900 at lac.
Iron Blossom, 500 at 73c. seller so
days; 500 at 74c.
Seven TrOughs, 800 at sc.
Utah Con-. 1000 at 2cs 1000 at &c.
May Day, 1900 at &c.
Sioux Con, 500 at 31Ac.
Tintie Central. 1000 at ssc.
Shares sold, 2S,450.
Selling value, S5,19S.25.
The Salt Lake herald-Republican. [volume] (Salt Lake City, Utah) 1909-1918, 1910-10-30
UNLISTED STOCKS.

Saturdays session was a sleepy one
on curb. The sales were confined TO
four issues and tOtaled 1900 Centen-
nial-Pioehe, a newcomer, sold 1000
shares at 10 cents; Bingham Central
Standard sold 200 at Is cents; Masonic
Mountain, 900 shares at 16 cents, and
Bingham Copper, 500 shares at 10 cents.
Yesterdays closing curb quotations
were IS follows.