davidaulloa/AmericanStories huggingface dataset:
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-27
STOCK MARKET i,
REACT|0NARI

New York, Aug 27.-stocks
again reactionary this week. with -
slight recoverios from lowest 49,
The trading continued moderate :,
highly professional Politics uss -.,st
a factor, the situation in this STAT ~.
the west giving rise to much spec,,.
ton as 10 the outcome Forecas,. !,
the early congressional elections 4.
New England are not encourarins !.
the dominant party.
The week witnessed n further stnsr
ing OF the monetary situation nj hoo,,r.
and abroad. The drain on local an..
cial institutions presaged the nrsr.
arations now making for crop nov,rs
while the advance I'm discounts !,
London resulted not only from The IN.
quiry for funds to be used AZ tina,
center. but from the continent as wan
Crop prospects continued fayorab,s
although corn In the northwest ~
ceived some check by recent frnsis
General trade conditions are lit,s
changed the dullness OF the past fev,
weeks being most marked In iron ana
steel Textile conditions show no inn
mediate signs Of revival, further re-
striction Of operation being ordered
at New England and southern mills
Price changes at the opening Of the
stock market were insignificant, and
the handful of stocks dealt In showed
trivial changes either way from yes.
terday's closing. Central Leather rose
Light selling caused "A slight reaction
to below yesterdays final figures Sub.
sequently Reading was bid up from
140Is to 14l1k and the rest Of the liz.
hardened Denver 4 Rio Grande pre-
ferred and American Telephone & Tee.
graph rose /. and international Har.
Vester ~ Consolidated Gas declined
1. Reading met a good deal of stock at
the high level and went of again 10
14t.
The market closed heavy. The tone
became heavy, stocks apparently sag
cling more of their own weight than
from any concerted pressure. Union
Pacific went point under yesterdays
closing, and Reading and L. S Steel
yielded as much from their best prices.
Chicago Great Western rose | and
American Beet Sugar ~ General
Electric lost /.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-27
SMALL STOCKS ACTIVE.
Iron Blossom Moves Higher on Local
stock Exchange.

The smaller securities received con-
siderable attention this morning with
prices about the same. May Day went
to cents. Lower Mammoth. 30 cents,
New York, 6h cents and Utah Con-
solidated, cents,
Iron Blossom went up to SO cents
on buyer today, while the cash stock
sold ut IS cents. In spite of the
amount of ore developed at the Column
bus Consolidated the stock sold at
SIS cents today. Colorado was also
lower
Trading for the week was lower than
last week and the total number Of
shares that changed hands was 327.-
9S4, while the amount paid for tho
securities was s75.OS923. The trading
today amounted to 80, 400 shares for
which S5,t11 80 was expended.
The sales on the curb market were
500 shares of Gold Chain AT % cents
and $500 shares OF Opex at 81 cents.
FORENOON QUOTATIONS.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-27

disclosing bodies OF clean galena min
erll five feet 60 20 feet wide. very rich
In lead ana silver values. a new stope
nov being opened on the 500-foot level
81 carrying "a breast Of ore Is feet wide
that yields average crude shipping
values Of so 20 so ounces silver and
Is To 20 per cent lead, and an additional
wide zone of leached ground. crevices
containing crusty nuggets OF native
copper interviewer with native silver at
this horizon. together with the fact Of
the primary apex Of this ore channel,
whose first really commercial ore bodies
were buried fully 200 feet below the
surface. warrants the most optimistic
speculation a. to It's further eNpan-
sion Of value in depth
Tho rich array 81 secondary lead
and silver minerals, grey copper assoc
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-27
PREVENTS CONSOLIDATION.
suit to Enioin Nevada Con. Taking
Over Cumbcrland-Ely.

Portland. Me. Aug 26.--A restrain
ing order was granted by Justice Pea
body Of the Maine supreme court to-
dan on the petition OF the minority
stockholders OF the Cumberland Ely
Copper company who asked for an
Injunction against the taking over %
the comVlny's property by the Me-
Vada Consolidated company
\ hearing on the question Of grant
ing "a temporary Injunction will he Civ
en- Sept. I. At special meeting Of
tho Cumberland-E company yester-
day the majority Of the stockholders
voted In favor Of the sale on the basis
~ about $3.50 a share, the var value
being $40.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-27

ped today to make copper. The molten
mass ran down the trough to the big
ladle on car which carried the metal
to the converter and within a few
hours il was poured out as blister
copper into the old molds that We're
used by the Utah Consolidated
several years ago when It had a
smelter Of It's own in salt Lake valley.
The first copper IL to be made into
souvenirs.
The making of copper today at this
plant Is the beginning Of new epoch
in the smelling industry in Utah. n
brings a new adversary for the closely
associated United States and American
Smelling companies which have long
controlled the situation here. The
advent OF the International means that
a greater stimulus will be given the
mining industry Of Utah. The plant
Will be able to handle all the copper
ore that Is sent 10 Il and there is no
doubt but what II sufficient tonnage
were guaranteed the smelrer would
put in lead stacks 10 care for the lead
silver ores.
FURNACES SMELLING.
Two furnaces are now smelling ore
at the plant, the first OF which was
tapped today. 1t was furnace No. 4.
Furnace No. ) Is we'll on the way to-
ward the day of production. Within
the next two weeks, IL will be tapped
as ii now filling up and having the
Stag skinned. Furnace No. has been
started but thus far II has only been
heated. In few days II will begin
receiving its daily rations of calcines
from the roasters The fourth furnace
will be started "a day or two, and II
necessary the nth and last furnace
will be started.
Only eight OF the 80 McDougal roast
ers are now operating as that has been
all that was necessary to produce cal
cines for the furnaces. More are being
started every day and shortly the en-
tire battery Ct roasters will be run
ming.
By oct. /, the entire plant will he in
operation handling nil the ore that IL
sent IT, BY that time both the South
Utah Mines and smelters and the Utah
Consolidated will be consigning large
tonnage.
The frst work started for the plant
was begun Dec. o. 1908, Thirteen
m onths nfter tho railroad reached thu
smelter site the plant started opera
lions. This was within the contract
date. The smelter was also built with
In the 100000 appropriated for IT
and Il has started up without hitch
or n change Of any kind beyond the
adjustment Of machinery. The first
furnace was started July "a, 1910 The
FIRST Stag was dumped on Aug. Is.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-27
WOOL.


L. iabA. Is
St. Louis, Aug. Wool-Steady. Ter
ritory and western mediums pa &c tns
mediums, 19n &c; fine liulic.
BOSTON.
Boston. Aug. G.-The Commercial Bull
letin will say OF the wool market TO-
morrow.
Grading is distinctly light although
manufacturers are looking FOR the well
known clips of the 1910 territory wool
that sell usually in original bags and
some samples are being taken. There Is
n fairly firm undertone 20 the market
as dealers believe they are 10 posi-
ton to maintain values at nearly the
present level unless the demand I'M
proves New clip Arizona is selling n
original bags at Sc 10 aic seoulel'
original bag Montana ~ Ac To ~
grease: half blood Soda springs at Y,
nne secured az 60Wtec. ONO quarter
blood at g7d2sc. Ohio at 29H9c; MS
souri, quarter blood al sc, eight months
Texas at lsc grease; northern ana sou,n'
ern California at 63n 5jc and SQHG
secured, respectively
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-27
STRIKE ON GOLD MOUNTAIN.
Golden Queen Runs Into Foot OF Rich
Ore.

'Speclal TO Inc News
PROVO, Aug 27.-Prest. Albert Sim
Sleton of the Golden Queen Mining
company is In receipt of a letter from
the foreman of the company. who is in
charge OF the work on the compapy's
property on Gold mountain In Piute
county. The latter states that vein
OF rich gold ore, about foot wide,
has been encountered in a drift rum
ming north east from the tunnel on the
Bonanza claim. This ore is similar
to ore previously encountered which
ran from s400 to s700 In gold. The
tunnel Is being run north and IL in
300 feet The drift in which the ore
was found is In about 100 feet
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-27
MINING, BUSINESS AND STOCKS.
MORNING METALS.

The metal markets were dull
and practically nominal ~ usual
In the absence Of foreign cx-
changes. Tin quiet. $3.50 a. 30. IS:
lake copper. 12.s715 m 1900;
clcCtrolNtic. f2.G2tS az 1875;
Casting. 1880 1880. Lead,
LOG t50: sucltcr. 5.33 a. 5.i5.
Iron unchanged.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-27
UTILIZE EVERYTHING,

The Nnelter plant il situated AT the
mouth OF Pine canyon. Tooele county,
and owns "A square mile or territory.
1t II 80 laid out that Il can be in
creased IN size until 10000 tons OF
ore day. II necessary, could be treat
ed there. Every detail has boon made
to answer tho greatest number 81 pur-
poses. All tho machinery ls run by
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-27
UNLISTED STOCKS.

FORENOON SALES.
Cedar Tai. 1000 at 80
Colorado 500 at 40,
Columbus. 900 at rs.
Iron Blossom. 800 at So 700 at ~
buyer so
Lower Mammoth, 200 at 49,
May Day, $40 az sl4! 800 at g.
New York, 1000 at Ga
Ohio Copper, 200 al 2.05,
Prince Con, 200 al co.
Sioux Con, 100 at sIx
Utah Con, ], 900 At AZ $500 at 4! 1 900
az ~, buyer 60
Yankee, 1000 at 10
OPEN BOARD,
Colorado, 100 AZ IL, buyer CO.
Cedar. 700 al 10,
Lower Mammath, 500 at 10, 200 at
1914 800 at 20
MAY Day 1000 al s4. 5000 at s,
Ohio Copper, 500 at a.0s,
South Columbus Cen, $40 at II
Utah Con, 1000 at a.
RECAPiTULAT-oN.
Shares, Value
Regular call t',ttsiti lIl40 2, 400 30
open beard ,.,,,ttttiti, 1890 e,705.0O
Teday's totals ii,ssti, $3.50 5.lii.s0
Weeks olsls,,,i,,,n,ss7.ps Ss.ose.s9
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-27

electricity. not scrap Of wood Is
used that could be avoided and all
the buildings are of corrugated iron.
Gravity II put into service as far as
possible and belt conveyors and all
other devices of the latest pattern
give no room for barrow and shovel
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-01-08
TONOPAH PRODUCED $l15,OOO
FOR LAST WEEK In YEAR

making the total bullion shipments
amount to $4,000. An average extrae'
ton of 80 per lent was recorded.
The Belmont Strike.
The developments in the mine duf
ing the past week have been most salts
factory, especially ON the llOO-foot
level. which at present is the central
point of interest. The rich ore body
encountered last week in the east drift
on the Belmont vein has neId up TO the
first report, the vein being still eigHt
feet wide and samplIng over 500 to s'c
ton lust as it IS broken down, wnlle
the last cut samples showed consider
able higher values. While this vein has
been followed for months, and las
shown a width varying from two 20
eight feet with fair milling values over
the whole distance, the last 100 feet
has shown the vein to be stronger than
ever, averaging better than eight feet
for that distance. In addition to The
Improvement in the size of the VEN
the past 20 feet has shown a Zig in
crease in values.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-01-08
PANAMINT VEIN CUT IN
NEW LEVEL OF FROST

AUSTIN, Jan. 5.--The Panamlnt VEN
has been cut in the north crosscut from
the Frost shaft at the S00-foot level. At
this point. the famous ore body carries
six to eight inches of fine pay ore, hav-
ing all the characteristics of the veins
on Lander Hill, when they produced up
to the top notch.
The quality of the ore bearing veins
at new depths has been sufficiently
demonstrated to the satisfaction of the
management, that a comprehensive
plan of development of Lander Hill at
depth has been decided upon.
A crosscut will be run north from the
Frost on the 900 level which will cut
the Panamint vein about $50 feet to
the north. Drifts will then be run on
the vein, northwesterly to the region or
the Oregon shaft. These operations will
give an immense footage of backs for
stopping. The country south of the
Frost will also be opened up at differ
emit levels.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-01-08
Manhattan Mail.l

Some years ago, when the Litigation
hill section of the camp was in the
throes of a legal tangle, and several
companies were fighting to gain pos
session of ground there, the prediction
was often heard about the camp that
if ever they got the litigation settled
some big mines would some day grace
that rugged old mountain. The litiga-
tion was finally settled and the different
litigants got down to work. One of these
properties, the Earl, was blocked out
and taken over by ~leasers, with the ex-
ception of a piece of ground reserved
for company work.
John Swanson was one of the earliest
leasers on the ground, and he has been
busy up there on the hill for over a
year, sinking and blocking out and
hosting ore. And John Swanson not
only blocked out a large quantity of
ore, but he has made a milling of 200
tons of it that has set a pace for the
other leasers on the estate, who claim
that they have something just as good.
Mr.. Swanson has just finished the run
at the Wan Eagle company's mill, and
secured from the 200 tons 500 ounces Of
gold, which is worth $4,000. This
amount comes from the plates, and
there is yet something like $4,000 re-
naming in the cyanide, which will be
sent to the mint as soon as it is taken
out. The War Eagle company mill,
which is considered one of the best
equipped in the state, secured an ex-
traction of 80 per cent, which is a
higher average than either the Tone
pah Mining company's mill or the
Montana %company's mill at Tonopah,
has been able to record.
Eleven thousand dollars from 200
tons of ore is not considered bad at all.
The $4,000, in two bricks, was TAX
en- to Tonopah last Wednesday by w. S.
Johnson, president of the Earl com
pany, and placed on exhibition in the
Tonopah Banking company's window,
where it created much excitement and
comment. Mr.. Swanson has about 1000
tons Of ore blocked out which will run
around $50 per ton. This tonnage will
be milled at an early date.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-01-08

Tonopah production for the week end
ing January l is estimated at $llo,ooO,
from a total of 1922 tons sent to mill.
The Tonopah Mining company produced
1850 tons: the Belmont 400 tons; the
Montana of Tonopah S27 tons; the
MacNamara 225 tons; the West End
100 tons and the Midway 100 tons. In
summing up Tonopah developments OF
the week The Tonopah Miner says;
That it is the intention of the Tono-
pah Mining company to show the same
push and energy that has characterized
their operations in the past In the de-
velopment of its acreage to the west
was demonstrated this week by the pur-
chase of the 60-h. p. electric hoist
formerly in commission on the Gypsy
Queen claims. This hoist was purchased
for use on the new shaft being sent
down on the Sand Grass claim and is
now being transferred. This new shaft
Is down over 10 feet, and pending the
installation Of the hoist, is being lower
cd by a windlass. No time will be lost
in placing the machinery and gallows
frame in position, as the company is
extremely anxious to prospect this por-
ton of its territory, which lies between
the ground of the Tonopah Extension
and the old Golden Anchor mining com
p%anies, and comprises a full claim that
heretofore has never been prospected.
AS this claim endlines the Red Plume
claim of the company, upon which a
great deal of work is now being done
with most satisfactory results, the prog
ress of the new work will be watched
with much interest, especially when
sufficient depth has been attained to be
gin sending out laterals. That the COM
pany aims to do considerable prospect
ing from this shaft is demonstrated by
the fact that the shaft is being sent
down three compartments wide.
The mill report for the week ending
December 81 shows that an average of
90 out of the 100 stamps were dropping
constantly, crushing 1890 tons of ore,
of an average value of $20.50 per ton.
The bullion shipment consisted of 76
bars of bullion, valued at 500, 800, and
80 tons of concentrates worth $15,300,
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-01-08
EARL LEASERS AT MANHATTAN
ARE ALL In PAY ORE

Interested with Mr.. Swanson in the
lease is Gilbert C. Ross of T%onopah.
Wednesday, L. l.. Mushett, who is
also operating a lease on the Earl, start
ed hauling 500 tons of ore to the War
Eagle mill. This ore is expected to
net the lessee about $50 per ton.
'sDry WASH Wilson'S Luck.
There is much joy in the DRY
Wash" Wilson camp OF the Wolftone
Extension, where it was found, and the
men are confident that there will be
other big ones unearthed. A second
nugget found on Tuesday weighed %
pennyweights, and is valued at about
ST..
Last summer Mr.. Wilson took out a
nugget worth $22.50, which created
much excitement up till the time of the
finding of the $45 nugget from the
Moore hindgren lease on the Goldfeld
and Bald Mountain ground. A week
later and the $47 nugget was a mere
speck in comparison to the $16S mug
get from the Giffen lease, on the Verde.
But when these nuggets outshone his,
Mr.. Wilson said, in his characteristic
way, "Just wait. If l dom t get some
thing as big as that Giffen chunk of
gold, / win get something pretty nearly
as big" And Tuesday his men made
good his prediction. They found a ball
of gold weighing IS pennyweights,
which, figured at so cents per penny
weight, is worth about $50. This is the
second largest nugget recovered from
the plaeers.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-01-08

GAIT LAKE, Jan. 5.-Frank Viii.
,;ams manager of the st. Lawrence
nine located in Spring Valley, forty
niles from McGiT, Nevada, ard an OPP
oro,or who has been heavily interested
and working in that section for more
than ten years, is a visitor in Salt Lake,
having returned recently from New
York City, where he had been on bust
ness connected with his mining com
panies. Mr.. Williams will remain in
this city for several days before re-
turning to Nevada.
Mr.. Williams, as are a large major
itv of the mining men who nave in
~spected the section, is of the opinion
that Robinson district is destined to
be one of the greatest mining centers
in the country, and not only does he
look for great things from the copper
properties being opened up there, but
also from the silver-lead lodes which
are under development.
st. Lawrence Has Ore.
The st. Lawrence property is located
on Mount Washington, at an altitude of
10000 feet, and the operating company
controls forty-fve claims of mineral
lied land, these possessions including
also first-class water rights, a townsite,
and a large area of heavily timbered
land.
A assure vein, five miles in length,
with an average width of sixty feet,
traverses the claims, this vein showing
ore which averages 10 ounces in silver
and 7 per cent lead, though picked
samples of the product show exception
ally high values in these metals. The
operators have developed, through five
tunnels on their ground, the longest of
these being one-ffth of a mile in length,
while the others have been sent in for
distances ranging from 200 to 400 feet.
Ore has been uncovered in all of these
tunnels. Mr.. Williams states, and in
the eight years that work has been go
ing on at the property some $lOO,OOo
has been expended in prospecting and
development.
Will Erect Mill.
At the meeting of the directors of
the company held in the east recently
and attended by Mr.. Williams, it was
decided to erect a large concentrating
plant for the treating of the ore of the
mine, and work on this equipment will
be started early in the new year. 1t is
the intention of the management to
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-01-08

Look over the Office supplies at the
News ofice-supply store and see if there
are not many little labor n time saw
ing appliances that you are now in
need of.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-01-08
CT LAWRENCE TO HAVE
MILL AND AERIAL IRANl

III .ha nIant on the unit pam
th.t ;ts capacity may be increased ITO"
time 10 time. as the situation va"
The first unit. which will be rusneu "
eomnletion. will have a capacity Oh iO0
tons daily, and it is stated ina. ''
will be no difficulty experienced III sup
plying plenty of ore for treatment jus
as soon as the plant is ready ioi W
Grafton. 80
II was also decided at the meeting "
hr;ld an aerial tramway from the mlne'
near the summit of the mountain, 10 INC
nronosed mill. this tramway to be over
= mile in length. In this mile OF ieng'h
rho tramway will drop 1900 feet, wnich
;nsures the success of such a mode Oh
Transportation operated by gravity. AN
idea of the steep formations Of the
country may be gained from the rae.
that by driving a half-miie tunhei
across the vein on the Lawrence prop
ertv. a vertical depth of over a miie
can be obtained.
Railroad Also.
Though a great tonnage of ore has
been blocked out at the property, MI
ye,Iliams states that no attempt has
been made to place the ore on the mar.
ket owing to the lack of means OF
fro nsnortstion. As it is now, In faeti
it is necessary to take all supplies ana
provisions, steel, etc, to the mine by
means of pack trains, all of this having
willingly been done to make possible
the development of the property to It's
present encouraging state.
Mr.. Williams believes firmly, now
ever. that the transportation question
is going to be satisfactorily solved IL
the near future, and it is largely on the
strength of the outlook for a railroad
that SO much money has been expended
in the development of the st. Lawrence
claims. Mr.. Williams feels quite SURF
that within the next two years there
will be a railroad through Spring Val
ley. and by hat time the st. Law
renee company will have its mill ant
tramway in operation and will be ready
to place it's product on the market. This
road may be a branch line, or but an ex
tension of the Western Pacifie's talked
of route through the Deep Creek coun
try. At any rate, Mr.. Williams says,
railroad for the district is assured, anf
when such a highway is completed thu
section is expected to come to the from
rapidly.
The Goldfield news. [volume] (Goldfield, Nev.) 1904-1911, 1910-01-08

If the News Stationery store hasn't
got it, and it can be had anywhere in
the United States, you shall have it by
leaving your order.
Freie Presse fuÌˆr Texas. [volume] (San Antonio, Tex.) 1865-1945, 1910-01-04

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