davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-05
Another Big
Boost For Utah
Big Cereal Manufacturing Con-
Germ to Locate in Cache
Valley.
Splendid Enterprise-Will Fur
nish Employment to Over
200 People.

Another strong evidence of the eff
feet the present "Boosting'' campaign
being carried on by Utah business men.
headed by the ComWercial club, is
shown by the fact that Utah has been
favored with one of the biggest manu-
featuring propositions in the west.
Headed by a strong personnel of ag"
gresslve, reliable business men, this
splendid enterprise will soon. be manu-
featuring cereal foods and bevera pes
at the rate of one to three carloads a
day.
The excellence of Utah grains, the
geographical location of Utah, being
the hub of the great western empire,
and the ideal working conditions have
all been factors. which have influenced
these capitalists to locate the factory
here.
Excellent investment opportunity
will be offered to the public through the
issue Of interest bearing bonds-no
common or preferred stock will be of.
fered for sale-the company will float
the proposition entirely through the
bond Issue.
Surety of the reliability and compe.
tent management of the company is
guaranteed through the personnel of
the officers and directors, all of whom
are well known and trusted business
men of Utah.
Officers are; e. r. South, president; !;
B. Y. Benson, vice president; Stephen
L. Richards, secretary; W. W. Arm
strong, trustee, with a directorate com,
posed of A. l., Hyer, Ephraim Beree-
son, j. W. F. Volker. Stephen L. Rich
ards aud ". p Funk.
The expert services of Mr.. c.. F..
Rhoades Of Battle Creek, Mich, one
Of the pioneers in the prepared food in
dustry in this country, have been Sc.
cured. Mr., Rhoades will have entire
superlntendency of the factory
sol Newhouse building,
Such enterprises as this will soon
place Utah in the front rank as a man.
ufacturing as well as agricultural state
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-05
SUCCESS OWNERS WILL
SOON INSTALL A MILL

Following a decision reached by Sena-
tor kearns. David Keith. r. r. Wells. ]
+. Dunn and Manager D, c. Mcdonald OF
the Success mine in Duck Creek district.
Nevada, after their recent inspection OF
the property. the hauling OF ore from the
mine 10 the loading platform near McGil.
Thursday morning. Ben Payne having
the contract for the work. II is the in
tention OF the management OF the Sue
during the present summer, and the low
grade product will be stored until next
spring when. it is announced. concen-
traitor will be erected for the treatment
of this milling ore. The ores Of the Sue
cess yield readily to concentration treat
ment. and by handling output right at
the mine. the management Will make a
big saving on transportation charges.
AS soon as n carload Of the high grade
ore is accumulated at the loading plat
form it Will be forwarded to the Salt
Lake market for smclter treatment and
sale
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-05
EASTERN MARKETS IN
VERY UNCERTAIN GROOVE

James A. Pollock G. Co., bankers and
brokers. furnish the following received
over their private wire yesterday after
noon
Logan &c Bryan stock letter. Boston
The prospects of an early meeting next
week between railroad managers and
President Taft probably had the effect
OF holding in check heavy liquidation by
some interests. but at the same time
considerable pressure was noticeable In
Union Pacific during the first hour of
today's session, but the good support
rendered Steel and other issues served
the purpose Of steadylng the list and
caused a rally in the last hour. From
what we can learn banking interests feel
that the monetary situation will bear
close watching and is likely TO become
prominent factor. should foreign sales
OF securities be adversely affected by re-
cent deYelonments.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-05

per ore at depth. Little Bell COMPANY
posts its regular quarterly dividend,
FRIDAY-Hub mine OF Beaver county
Is In splendid shape. Bradshaw company
has opened good gold-iron ore body Salt
Lake interests have big gold property
In the Silent King group OF Arizona.
Lake Copper company issues report OF
last years operations. Nevada Hills
ships very rich car of ore.
SATURDAY-Salt Lake brokers make
auto trip TO Provo to get better acquaint-
cd. Angus Buchanan interviewed ON
Beaver mines. Report of Nevada Copper
Valley copper ore tonnage being cor
rectly stated in the east. Utah Metal
company is in good condition Rescue
Consolidated company of Nevada Is I'm
ton made public. Price of zinc not ex
pected TO rise soon.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-05
Nevada Copper Belt Railroad
Company Proves That 1t
Was Needed.
REPORT ISSUED OF
COMPANY AFFAIRS
Splendid Region Is Tapped by
Newest Road of Sage
brush State.

A T. Orem & Co OF Boston
have issued a statement of the Nevada
Copper Belt Railroad company OF Ne
vada, In which is contained much infor-
nation OF interest. while facts are given
which demonstrate that this road was
one of the most urgently needed lines IN
the Sagebrush state. The officials OF
the company are as follows; President.
Walter c. Orem vice president. James
c. Berryhill; treasurer, Frank NJ. Orem;
general manager, Duncan MacVichie,
Back OF the company, states the report,
is the Nevada Douglas Copper company,
which guarantees the bonds necessary
for the construction Of the line. The re-
port gives the present available assets
of the Nevada Douglas company as
SO s5S.0oO. The report then continues
When completed, the Nevada Copper
Belt line will be thirty eight miles long
extending from the smelling plant Oh tne
Mason Valley Copper Mines company
through the Mason and Smith valleys,
reaching the agricultural and mining IN
terests OF the Yerlngton section. In the
surrounding country. or in the rich Ma
son, Smith and Antelope valleys, lhere
are 134, 900 acres OF land now under irri.
cation, and 100000 additional acres OF
homesteaders Fifteen little towns on
and off the line OF the road will be ac-
commodated, and large and resource
full Inland empire, containing mining
stock raising and agricultural communi-
ties. viii be served and assisted in de-
yelopmenL This is the only line TO the
Yerington camp, whose developed ton
nages OF copper ore have placed IL among
the first mining districts OF the country.
The Nevada Copper Belt equipment
consists OF one locomotive. one gasoline
motor passenger car, one baggage car six
ordinary freight cars. one caboose, round
house, machine shops. two stations. ware
houses. stock yards. sidlngs. employees
facilities attending the operation of a
railroad line. An additional locomotive
and iifty-four hopper r-bottom steel ore
cars have been purchased, and four addi-
tional stations are TO be put In.
Contracts have been negotiated with
some of the larger mining companies for
transportation amounting 10 $40 600
per annum, and considerable additional
business of the same character will be
obtained These mining contracts will
general business OF the road will be con-
bly, increased by virtue OF at least
1900 men being added to the pay rolls in
the district
Although only fourteen miles Of the
line is in operation. the balance being
in course OF construction, the company
is meeting operating expenses and In
tcrest within three months OF beginning
business The net earnings now arc
equal to "a per cent on the total capi
on the total cost OF building the entire
thirty eight miles. with only the agri-
cultural business near the junction point
with the Southern Pacific available. The
company will make big interest on the
capital invested from either the mine or
ranch business. and with both TO depend
on IL has q definite earning capacity Of
splendid magnitude.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-05
UTAH ME- TAL IS
IN GOOD SHAPE
Eastern Officials Visit Property
at Bingham and Find All
Satisfactory,
BIG TUNNEL ALREADY
IN MILLING ORES
Hydro Electric Plant Working
Like Charm, and Allows
Economical Effort.

". b, Farmer. w. f. l.. Dilloway and
K. Fordyce. eastern officials OF the Utah
Metal company, have returned TO Salt
Lake from the property OF the organi
zation at Bingham. This is the company
which has taken over the Bingham
Metals. Bingham Central and Bingham
Standard groups. along with much ad-
jacent territory, giving In round num-
bers total OF 1900 acres or ground. The
property extends from the Bingham over
into the Tooelc side of the 0quirrh range
OF mountains, along which the company
is now driving a tunnel so as TO con-
meet with Bingham and the Tooelc valley
sides at the base Of the mountain,
This tunnel Is now in $500 feet from
the Tooele side. and II is prosecuting
the whole country. Everything at the
property is done by electricity. the COM
pany having installed a complete hydro
electric system In units SO as to main
tain operations without interruption
should any repairs be necessary TO any
OF the various parts Of the power sys-
tenn. The water Is secured from two in
dependent sources, an abundant flow is
assured and just few days ago the
management completed and placed into
commission second dam which practl-
cally rounds out all the water required
in the work.
whether or not ore would be found on
the Tooele side OF the mountain, and
this question has been settled once FOR
all by recent developments In the tun-
mel. This tunnel has Crosscut so far
vein of iron copper ore for 10 feet, and
the other wall has not yet made It's ap
pearance. While this is not shipping
grade ore. 1t proves the mineralizatio9ln}
OF the western slope Of the hills, and will
be well worth going after at the proper
time along Its trend.
eve can count 200 openings on the
mountains within our lines, all made by
the early operators OF the district. and
each one shows ore" said Mr.. Farmer on
Saturday zone dump alone contains
thousands of tons OF milling rock which
the miner OF days past could not utilize,
mercial ore very easily. II is difrl-
cult matter to comprehend just what we
have, for the property Is one OF the great
est camps of the world, and we have an
enormous acreage. Our plan Is to con-
tinue the tunnel without halting to pros
pect the intermediate country, but In
time we will naturally follow up every
thing encountered that is worth while,
as this new vein now in the face OF the
tunnel is.
1.-The property is thoroughly equipped
for good work. the tunnel Is being driven
at not to exceed S12 per foot, and we will
proceed at once with the erection OF cot
tages for the married men In our en-
ploy. We also intend to let many leases
during the next few weeks, having now
on file numerous applications from men
knowing the territory; Not long ago we
let q lease on the old Deems property.
and within a week these leasers brought
5-foot vein OF $50 ore TO view. Each
one of us Is delighted with the property
and the manner in which our new equip
ment is operating
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-05
What Has Happened During the Week

MoNDAY-Boston Offices issue reports
about the Mason Valley and Miami Cop
per companies Consolidated Pioche COM
pany arranging to begin operations now
that railroad facilities are soon assured
Messrs. Kearns and Keith make a visit
TO the Tonopah properties. Hayseed com
pany Of Inyo county. Cal. arranging to
install q mill. Round Mountain COM
pany declares usual dividend
TUESOAY-Black Jack company soon
to resume work. ella Copper stockhoId-
ers notified that they will have until
July ! to exchange their stock for that
Of the Ray Consolidated company New
York Bonanza company has found good
assure on the 500 level, Plan to reor-
ganize Manhattan-De company Is
given to stockholders. More favorable
copper statistics looked for during June
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-05
Eastern Sentiment Is Ch,,..,
by Few Well Directed
Shoulder Blows,
LARGER TONNAGE Is
BLOCKED THAN THOTpn
Smelter Alone Will Resuh ;
Substantial Earnings f,r
Company.

There has been quite a rsv.-,
opinion in regard 10 the Mason =.
mines possessions in the Mason A.
OF Nevada. the world being c,u.,
time. both in Boston and New y,,s
Fred Flindt, who gave out Just sss \
company Is believed TO have IN n. u
Of resources without chipping on \
cent or so just 10 be far below ~. 81
In the last copper letter OF Cso.,.
Walker, the following In regard = n
property is given;
Mason Valleys recent dsvo,..-
work, consisting largely OF raising -
cutting. opening OF Slopes, etc. /, /
pare for mining. has made II poss,.I
figure out that there is already dsze,
in the mine approximately l,oe9aa +
Of ore. which will average about q
sent copper, 1, is figured thar \,
will be mined for sl.26 per ton, d.
Ing development work. transporaty-
cost 30 cents. and smelling. re6uIps
ing, management. taxes, etc. abos 4
total OF $3.50 per ton. ALLOW q +
additional for incidental expense =
tenance OF plant. etc. or q Total -
Sc per ton, and II would appear NJ. I
eighty pounds OF copper which e'
he recovered per ton OF ore viii cou ,
a cents per pound ~
1.-The estimate OF 1000 0Oe. tons =
does NOT include anything Ss,s 4
fourth level, though three wInrs
already been sunk forty or fifty b
in ore of good average grade. Avs>/
that this 100000 tons OF ore M
so, 100000 pounds Of copper al A e.
- cents, 1t appears that Il Til Il
a profit OF 81. 400, 900. or about N;nI
each of the 254.000 shares of s,ork &
the company will have outstandfr +
It's recent Issue Of bonds has 81,
yerted.
''I understand that the manaseus.I|
poets the new smelter, which Is Ia
opera ton early next year, to cam
interest return on the entIrs 81
stock OF the Mason Valley comarJN 7
The treatment of custom ores sios<
addition to this there is every rsts,
believe that the value OF the slosi
he further enhanced by the deyt,se,I
OF a large tonnage Of ore beks 4
present bottom levels of the mlsk
also By the extension OF deep lt5iyI
the north. where prospects are -
cred by many mining men to b
better than In the southern end n
property. where operations are non \
tered"
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-05

DNESDAY-Bingham reports that
the month of May was the greatest
month on record for the Utah Copper
production. Ohio Copper company re-
elects the same board of directors. AL
gomah company organized by Michigan
interests and subscription books open for
10000 shares at $40 a share Black Horse
Iron Blossom ore runs high in gold and
copper. East Tintic Development COM
pany closed down company activity. Inn
proved conditions exist on the local cx-
change.
URSOAY-Morgan district of Utah
attracting attention. Sam Levy inter-
viewed on the Gold Circle district Mau-
rice M Johnson leaves TO map out de-
property In New Mexico. Ely Consoli-
dated company breaking into better cop
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-05
EAGLE AND BLUE BELL
MAKES BIG SHIPMENT

When told on Saturday tina. TIntIc
ore from the Eagle and Blue Bell prop
erty, General Manager liner Petit stated
that while this was true. he did not wish
TO create the impression that the COM
the extent that one might Judge from
this bare statement. The ore has been
accumulating at the loading station on
account OF the burning of the railroad
bridge at Eureka, and II rs coming into
the market in one bunch. MT Petit says
that this is first-class ore. and II comes
from the new find on and near the 1000
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-05
BIC GOLD STRIKE
IN EASTERN UTAH
Claimed to Be a Rival of the
Great Strike at Gold
field, Nevada.
SpeciaI to The Tribune,


GRAND JUNCTION, June "A gold
find which promises TO rival the Goldfeld
strike. and which Is backed by L. D.
BowIes, the original owner OF the Mo-
hawk mine In Godfeld. the news OF
which reached Grand Junction today
has been made by C.. G. Inman of this
city In the Wilson Mesa district of east
ern Utah. Inman arrived here this aft
ernoon with specimens OF ore which are
sprinkled with traces of free gold.
The controlling interest in the Utah
Placer Mining company has been pur-
chased from Inman by Mr.. Bowles for
Denver capitalists and he left tonight
for Denver for the purpose of organlz-
ing a stock company to push the dis
coyery. John Cleghorn. one OF the dis
coverers Of the Seven Troughs district
In Nevada. has been In the Wilson Mesa
country and is very enthusiastic. He has
exodus of men Is already felt out OF
Grand Junction to the new field.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-05
Mining Notes.

The Lake Copper company rescued
SS.5 pounds OF mineral per ton from the
last mill run.
Ernest L. Godbe, the well-known min
Ing man.. was operated on Friday for
appendicitis. and his condition is report
ed satisfactory.
Henry Krumb, the we'll known mining
engineer; ls IN the city from a profess
sional trip to the west
w. G. Swart. the mining engineer on
the staff of the United States Smeltinr,
Refining and Mining company, is rnakinr
a visit TO the local mines of the COM
pany. "
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-05
COPPER CONSUMER IS
TAKING THINGS EASY

In an article on the copper situation
lowing from Conants ''Principles OF
Money and Banking as being applicab BILE
to the present copper conditions. The
prices OF certain articles may be falling
because OF overproduction at the very
moment that the prices OF others are ris-
ing because OF increased demand
He points out that while the present
demand for the red metal Is unprece-
dented, the production is so much greater
that the consumer is not frightened into
jumping into the market 10 lay In a
stock of copper with each advance In
price
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-05
INDIA EXPORTS VERY
LITTLE OF ITS SILVER

India is occupying the attention now
OF all the silver interests of the world
and the present improvement in price Is
due TO the good times in that country.
From 1885 TO 1900 India imported in sill
yer coin and bullion $2,247 SS7.945 worth,
while in the same period the exports
ports over exports OF s1s6S. 79S, ,4S5. H.
Illustrating why il is given the reputation
OF being the dumping ground for the
worlds silver. An immense amount OF
silver was boarded away In India be-
fore 1885. at which time the compilation
of statistics first dates.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-05
RIDGE AND VALLEY is
OPENING GOOD ORES

Between the 1900 and 1000 levels of the
Ridge and Valley property at Tintic some
very fine results are being had, and con-
siderable ore Is being broken down Tor
velopment. The ore will average close
to thirty ounces silver and 25 per cent
lead, Genini company adjoining still
continues its new work from the 1000
to the 1900 levels in good ore pending
the arrival OF the new pumping equip
ment now en- route west.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-05
YANKEE PLACING NEW
MACHINERY AT MINE

All the new equipment has been re-
ceived by the Yankee Consolidated com
pany except the motor. and the work OF
installing the machinery Is well In hand
This equipment Will be utilized by the
manage management ds1av on gettinst down Own to depth
the 800 level Just how deep the COM
pany will sink before exploring new lev
els depends largely on what Is turned
up as the work proceeds.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-05
GAS STILL B0THERING
THE TINTIC STANDARD

The management OF the Tintic STAN
dard is still bothered considerably with
carhonic doxide gas in sending the shaft
to depth. and each shift drives into gas
which prevents the miners from work
ing until the noxious stuff has been
removed, Operations were resumed Fri
day noon. and everything indicates that
place from which this gas comes, and
ore is expected when that point Is
reached
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-05
OPEX REPORTED NEAR
RESOURCES IN RAISE

IT was reported yesterday from Ei-
reka that the Opex management Is send
Ing raise to the point where ore is cx-
pected, and that results are logical in
side OF the next two weeks 1t is thought
that this raise is being sent TO the ter
ritory recently explored by the diamond
drill. where ore was found In case this
report is founded on facts. the Opex is In
position TO give up some interesting
news before the end of June
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-05
Nevada News Agents.

Bauvard-A. c. Pesco.
Goldfield-LouIe Polin.
HawthorDe-Louie PoIlin
kimberly-Sheldon Lowney.
Lovolock-Blbie Bros,
Midas-Mrs, c, A. Harrington.
Rawhidc-Louie Pollin.
Reno-Hotcl Golden News Stand; Re-.
senthal Armanka: Shepard & Son.
Yeripgton-F. NJ. Burner.
Winnemmuca-Pearce & Chase
Cobre-Richard Richards.
Cherry Creek-Grey & Collins.
Elko-Wheeler G. Co.
Ely-Grace B. Paxon. Harville- Station
cry Co.
McGill-M- Herman: Walden & Bur
nett.
Rhyolite-Ths Crescent
Pioche-Pioche Drug Co
Caliente-John Shier: Thomas Him
hgeet.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-05
CONTACT DISTRICT IS
COMING INTO NOTICE

T. W. Galigher, the well known min
inS engineer, returned to the city FRI
day morning after months trip In an
investigation of placer grounds In Elko
county, Nevada. Mr.. Galigher, with
force OF eight men. gave the property
thorough Investigation. While Mr.. Cali
Gher was reticent as TO the merits OF the
plaGers, he intimated that the property
the several mining camps In Elko county
Mr., Gallagher spoke most encouragingly
OF Contact. which he believes will become
great copper producer. and when the
projected railroad from Twin Falls to the
Southern Pacific is completed this camp
VIII become the mecca for leasers.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-05
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, 1910-06-05
Metal Markets.

The metal quotations for Saturday
posted by Mccormick & Co, were as
follows: Silver, 5Slc; lead. $40; copper.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-05
Nevadas in San Francisco.

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, 1910-06-05
Ore and Ruliion

The ore and bullion report for satur-
day given by Mccormick G. Co, was as
follows; Ore received. 800, 900; bullion
shipped. 500. 900; total 5000 900.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-05
San Francisco Mining Stocks.

SAN FRANCISCO. June 4.-The Off
cial closing quotations for mining stocks
fodau were as follows.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1910-06-05
Boston Copper 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, 1910-06-05
VICTORIA COMPANY soon
TO RESUME 0PERA1la
Special TO The Tribune.

EUREKA. June Al. P. SullIys,|
perintendent OF the Illinois prupery
is authority for the statement u
Victoria Mining company will beg, I
ations In the property OF the ID
mine. the fore part OF the coming T
This means great deal 10 thk
because OF the fact that II adds % !
rich ore deposit 10 the other mina q
are turning out carloads OF ore 2.
The Victoria property was clos8
about six years ago. when the
level was reached. and since thu
nothing OF any importance has bee.
Mr.. Sullivan said that the shaft sg
sunk to the 1000-foot level. and q
new hoistlng engine had been q,
and should arrive here within y
weeks time. Many improvement
been planned for the properly
work actually begins. TWO shiils ri
put to work. and from indicall13
now the Victoria bids fair 10 CO.,
to It's own again In very short !
Ore Shipments
The Utah Ore Sampllng compn
Saturday released eight cars o! on
Utah and three cars from ldano =