davidaulloa/AmericanStories huggingface dataset:
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-11
MINING, BUSINESS AND STOCKS.
FIRST SHIPMENT OF
COPPER THIS MONTH
international Company Soon Ia be
Producing Copper AT Pine
Canyon SuIclter.

The first shipment Of copper from
tho International Smelling Il Refining
company's plant at Pine Canyon Tooele
county will be sent out this month.
The first Stag will be poured tomorrow
and the first copper will be- produced
within "A few days such was the tn
formation given out this morning By
General Manager h.. T. Mathewson OF
Anaconda, who is in the city ON one OF
his regular inspection trips OF the plant
Three things relative ~ the plant are
very gratifying To the manager In
fact, they have all three never been
accomplished before In the building Of
go large plant. They are that the
smcltcr was started on contract time,
which was that operations should be
started Ia the production OF copper
within 10 months after tho railroad
reached the smeltor site. The second
is that tho plant has been built within
the appropriation, and the third is that
the smelter has started off without
hitch. 10 has not been necessary u
make n change OF any kind beyond a
few slight adjustments.
During the visit Of Mr. Mathewson, &.
II. Repeth. engineer-in- charge. and a.
@, McGrcgor. electrical engineer for the
company at the plant yesterday the
Stag pots were tried out and found To
De IN excellent shape Some Of the 9TH
er machinery was also tested out 90 as
certain whether the last stages In the
treatment OF ore were In condition To
be as successful as the first
The roasters. sampling mill, crushers.
belt conveyors and other machinery
now IN use are running In excellent
style, The first reverberatory furnace.
which Is being fed by three roasters un-
I'll 1t Is filled mp. Is nearly ready to be
tapped. The first Stag will he drawn
tomorrow Then will soon follow the
production OF copper
With ono reverberatory now almost
at the productive stage. a second IL fast
warming up and being filled and the
third Is being lighted today There re-
main but two more 20 be initiated.
The converter ~ ready as soon as the
ore comes out. All the first ore that Is
run Will be saved and made into
souvenirs.
The smelter now has 10. O00 tons Of ore
In the bins ready for treatment so that
there will be no delay whatever In the
plant running steadily from now on.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-11
nEsEREr EVENING NEWS THURSDAY AUGUST IL 1910
STOCKS VARIED,
CLOSING QUILL

New York. Aug. ii.-Opening dealings
in stocks today were very measer and
tho movement or prices showed no pro-
nounced tendency. Small declines about
balanced small gains. Colorado a South
ern fell u and Utah Copper u
stocks fiuctuatod narrowly before de-
cining decisively.
Most weakness showed in the copper
stocks. u. s. steel. st. Paul. Union Pacific
and Reading, American smelling broke
~. Third Avenue IA and ST. Paul. Read
Ing. 500 Lane and Pacific Mail l.
The decline in prices uncovered some
fresh demand and prices hardened. The
market was professional and selling was
based on tho falling on OF demand rath'
or than by any known Developments
bearing on values. wheeling & Lake
Erie Brst preferred fell III ana West
inghouse Electric /. The tone was heavy
again at noon.
Bonds were irregular
Traders covered their shorts at the low
or levels and the decline stopped. but the
rally had not proceeded far when tine
market came to a standstili. Toledo. 81
Louis and Western and Illinois central
declined 1 and sloss-shefheld Steel 1%.
American smelling showed fresh weak
ness.
Persistent selling of American smelling
lowered II points and difused weak
tone throughout the list The metal
group showed the most weakness but the
standard railroad stocks also were DE.
pressed Reading and National Lead
lost / q and Union Pacific. Missouri Pa
clhc. Canadian Pacific, Chesapeake a.
Ohio, st. Louis e San Francisco sec
ond preferred, Amalgamated Copper.
United states Steel. Central Leather.
Corn Products and international Pump
and International Harvester rose l.
The market closed steady and very duh.
There were slight recoverles In the final
hour due to short covering the market
remaining intensely dull. Railway Steel
Spring rose ia and Louisville a Nash
American Can preferred and Tennessee
Copper fell I.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-11

Today's local markets show a fine
line of Utah vegetables also. fne Black
Prince and Muscat grapes and lemons
from California. Oranges are scarce
and high. selling at 81 per case. though
lemons bring 50 above that price High
patent -four Is down 10 cents, with
sugar on a similar figure. Oleomargar-
Inc Is falling off some, and butter prices
are stiffening. Excellent butter from
Iowa and Missouri. through Omaha
houses, IL finding ready sale In this
market at 80 cents The commission
mon consider that tho retailers are
needlessIy worrying themselves. The
former say they have TO pay freight,
and drafts for produce at the banks,
before they can even open the door OF
a freight car. and every farmer who
brings his produce to town carries his
pay with him as he leaves tho whole
sale houses. The cost of n car of lem-
ons is 5000. and of a car of oranges
81, 500. Now TO let these 20 out among
the retailers and walt 30 or 40 days for
their pay, requires a capital that few
commission houses here can command,
while the loss OF interest on the money
Is considerable. The jobbers see no
way out OF Il but for consumers to re-
adjust their financial affairs so as to
be able to settle weekly with the re-
taller just as the commission men are
asking the retailer TO do. When a con-
sumner Is paid monthly or semi monthly.
the proper thing for him to DO VIII be
to set apart SO much for each weeks
household expenses. and live on what
he earns, paying hts grocer's bill week
ly. This may cut OF visits TO theaters
somewhat and reduce the number ~
trips 10 tho lake. But the retail peace
OF mind will be greatly conserved there
at. The quotations obtaining in To-
days markets are as follows;
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-11
CONCENTRATES.

Diamond drills are being used In un-
developed sections or tho Mason Valley
Mines company ground.
Managing Director w. 9. Oren Of the
Nevada Copper Belt railroad and the
Nevad Douglas mine is now at Yer
ington.
A strike Of n small vein ~ high grade
has been made by Supt. William
Greenwood In the Comstock property In
American Fork canyon
shipments made from American Fork
canyon by the Yankee lease on the Live
Yankee property net the leasers
from 81. 800 to $1,000 per car.
Harry Krusc has taken charge Of the
work at the Pacific Mining company In
American Fork canyon. The company
Is taking out considerable ore.
Tho Montana- Bingham Is getting
some chalcopyrite IN the face OF the
new tunnel which II now In $50 feet.
Two shifts have been started 10 work.
The strike made in the Bay State
company property In American Fork
canyon as yet amounts to about u
ounces Of high grade lead. silver and
copper ore. There are also many
punches Of chloride Of silver scattered
through the ore body.
The Mountain Dell property IN Amer
lean Fork canyon Is shipping ore that
brings the company S47 "a ton II IS de-
clared that from 30 20 80 sacks are be-
ing taien out q SHIFT. and II lis con-
servatively estimated that there is from
10000 20 s75. 200 worth of ore In sight
Amendments 20 tho articles Of incor-
poration Of the Treasurer Consolidated
Gold & Silver Mining company. reduc-
ing the capital stock from 81 100000 to
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-11
BOND AND LEASE GIVEN
ON BONNIE BRIER MINE
Wagstan ami Hayes WIZ Take over
Propcrty for $40 300 In Event of
Finding ore on Ground.

w NJ Wagstaft and G. $ Hayes the
latter mining engineer. have. after
working for the past six months, sue
ceeded in securing a two years bond
and lease on thp Bonnie Brier Mining
company property located in Big COT
tonwood and q lO0-foot shaft wiz be
commenced next Monday The lease is
on a 10 per cent royalty basis. the
lesseos having the option Of purchas-
ing the property any time Within the
life Of their lease at cents a. share.
which would amount To- $4,000 for the
600, 600 shares. Tor which the Bon
ME Brer is Incorporated. At present
10000 shares OF the stock Is In the
treasury the balance being scattered
among q large number OF stockholders.
u was reported about a year ago
that the Knight interests were after
the Bonnie Brer but this move on the
part Of Messrs Wagstun and Hayes
Will put "a qulctus on all such rumors
for at least two years This property
is listed on the Salt LaRe exchange
but for months IL has rece ivcd practi-
caliy no attention. This latest move
VIII probably give the stock another 1T
Ito squirt, especially If the declaration
OF the b0nders that within co days they
win have shipping ore comes true.
Mr.. Wagstan says that on the prop
erty II a 20-fot vein Of ore which as
says 81 60 the ton right on tho surface
across the entire vein ana that this
great iron stained vein can he traced
"A long distance through the property.
which embraces about n dozen claims
I'm one Of the best parts ~ that promls
ing mining district
The intention Is to start the men Mon
day on this vein and to follow the ore
for at least a hundred feet down. whore
much higher values are looked for
I'VE already have 10 tons Of ore taken
from the surface where a six foot shaft
showed higher values as depth was at
tanned. said Mr.. Wagstan There Us
plenty OF water and all necessary tim
Der for mining on the property, There
Is n lot OF shipping going on right NOW
from Big Cottonwood. ana inside Of On
DAYS we expect 10 have enough ore
piled up at the Bonnie Brier to start
~ 10 shipping too We have a short
road to be constructed. when the teams,
each carrying Ave tons will have an ALL
down-hil grade to the smelters There
arc some old workings on this proper
~. but tho work was not done by
miners, and the tunnel missed the min
eralized vein and failure was the result.
We are going In TO make "A mine Of the
Fonnie Btier IN pluck and nerve will do
IL"
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-11

be placed I'm the treasury 10 be sold to
pay Indebtedness and develop proper
ties, were filed with the secretary of
state Wednesday.
Shortage Of water may necessitate the
closing Of the Moscow Mining COM
pany's property i'm the Star district in
Beaver county. The we'll from which
water IL pumped three miles to the
mine is going dry and u will be some
time yet before the new well on Lahoe
fiat five miles from the mine, will be-
gin pumping.
The Utah Mine has picked up the
ore to the north Of the porphyry dixie
that cuts the property at Fish Springs.
II was found on the seventh level and
where engineers have contended no ore
would be found. Although the strike
had been only slightly developed when
y. NJ. Weller and Geo. w. Crismon left
the property this week, several tons OF
ore had been taken out which ran ia
in silver and so to so per cent lead.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-11
WESTERN MARKET LETTER.

Kansas city Stock Yards. Aug. s.
An advance Of 40 10 20 cents was made
| on ali kinds OF cattle last week. lifting
the market back up 20 it's position be-
fore the big break two weeks ago
Calves are an exception, as they lost
25 10 80 cents last week. steady today
and best veals bring 81 Good gen
eral rains cut down the supply nearly
one-third from the previous week, and
while the demand from killers was not
exceptional, 1t was generous. and coun-
try buyers focked in By the hundreds
expecting a big run from the dry sec
lions, and had 10 compete with killers
for n good many OF the cattle they
bought There was a good Friday run
here, and killers pulled long race
and succeeded In enforcing a decline
of 10 TO rs cents on some grades, de-
clarlng the big advance OF the week
was fictitious, and would disappear this
week with the arrival OF a liberal run.
This prediction had no foundation IN
fact for the fairly good run OF NUN
cattle here today is selling steady to 10
higher. The run at all the markets
Is normal today, and the way II Is be
ing handled looks good 20 those VINO
have cattle yet to market country
buyers are again big source OF
strength to the general market, as moro
good rains yesterday and today insure
an immense amount Of forage TINS ran
and winter Goyernment report on
the corn crop will be out this afternoon;
ana is expected TO show condition .
or points below July /. but stu m m
dicatine n total yield Of 2,OOO'OOO,oOo
bushels. and recent rains will have the
erfect Of hating the declining aVerege
condition Top steers sold at ssh TO-
day, highest IN n month best grassers
sT25. fair to good grass natives ana
westerns u.7b to 1925. grass cows w
10 s4.2 bulls 50 20 81. stock steers 20
to So, feeders 81 to 1913.
Hogs lost 10 cents net last week Du.
the week closed strong. and the MARI ~.
ls m 10 TO 20 cents today. the low
figure last week was only a shad- ms
err than this time last year. ana tne
lowest since last October. Run Is 5'voo
here today. light hogs AZ $50 70 $50
medium weights ISIS 10 $3.50: heav>
hogs So 20 1925 A feature lately rs
the appreciation in values OF heavy
hogs, as compared with the others IN
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-11
PRODUCE.
CHICAGO.

Chicago Aug. il.-Belief that export
business was being done helped put up
the price OF wheat today Advances In
foreign markets made the bears cautious
In selling News OF crop destruction In
France by storms aided the bulls and so
did unfavorable weather IN Russia
Movements OF wheat from Chicago to
Buffalo onset 10 some extent the heavy
receipts here. Under such circumstances
nearly all the larger commission houses
~ to 4. higher. September starting at
to 1O2
Cash people and local shorts were buy
iug corn. offerings came sparin sly. Sep
tember opened TO ~ UP at cas- to 81
and assembled to SAY.
In oats hedging was lighter than re
ing September showed at the outset a
gain of a shade TO isnL, touching S6A
TO s67s, but receded 10 S6%.
Scattering purchases made a firm tone
in provisions. The opening was at an
advance OF 2is TO 10 l0719Isc. with the
January option at Is - for pork. io.f7iA
for lard. and 9.52ia for ribs.
Wheat-European buying OF all futures
was In progress here today, rather per-
sistently, sharp advance resulted. The
close was steady with september al
Corn-Reports OF new crop damage
brought out many buying orders and
hoisted prices. The close was steady with
september at CAS-. net advance Of =
to &c.
cash corn; No. p @x; No white. ssh;
No 2 yellow sjal a Sc; No. e. sEah: No.
white, 10y a y: No. yellow. eSN@x;
--Rye-Cash. 76a77: Sept. 70; Dec.
1667&
Barley-Cash. si@72
Tlmothy-Cash. 5.0onb rs; Oct, 500:
March, $40.
Clover--Oct. 400
Wheat-sept.. o2% 20 Y: Dec. los
10 -; May. .lOA to q.
Corn-Sept., CAS- Dec. 81; May. s3E OK
oats-sept, 81 Dec, 3sA: May, az
a y.
Mess Pork. per bbl.-sept, 2i.F.
Oct. N,Uh; Jan, 1850
Lard. per 100 ibs-Sept., mo: Oct
If e0: Nov. II .s5; Jan. 1855
Short Ribs. per 100 lbs-Sept II 57I;
Oct, II .l2h Jan. s.6oh.
BUTTER AND EGGS.
Chicago. Aug. n.--Butter Steady.
Creameries. 250 2s; dalries 80.
Eggs-Steady. at mark. cases included.
1odi4; receipts, ease. frsts. II; prime
nrsts, IS
Cheese-steady. Daisies. 1s: Twins. fsA:
Young Americas, 16; Long Horns. is
SUGAR AND COFFEE
New York. Aug. ii.-Raw sugar. arm;
muscovado, 50 test. $50: centrifugal. %
test 49, molasses sugar. so test. SEA
Refined. steady crushed. SIS. granulat-
ed BIS. powdered. SIS
Coffec-Spot. steady; No. Rio. sA 40;
No. Santos ~
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-11
CLEANUP THIS WEEK.
First Gold Brick From Good Springs
VIII Arrive in Few Days.

The first cleanup OF the amalga ma
tlon at the Jennie mill Of the Gold
Springs Power and Mining company
Will be made this week aud at the
same time II Is believed that the
cyanide precipitates VIII be sent to
Salt Lake for treatment The clean up
OF the stamp mill will give the COM
pany the first definite idea OF what
can be accomplished at the plant.
The company Is now treating be-
tween 60 and so tons of ore a day at
the mill. the variation being on account
Of the adjustments that are being
made.
c. A. Short, who Is at present in
Modena says that the water question
which has been Il. bother at the power
plant has been adjusted A pump has
been Installed which hauls back the
water from the last reservoir. The
we'll is now taking out 10000 gallons
Of water n day and as much OF the
water Is used over again there Is an
abundance. The city OF Modena has
been making oYeratures to tho min
ing company for water 20 supply the
town. which could be done under
present conditions.
Everything at tho mine. mill and
power plant Is moving along smooth
ly on account Of the lack OF melt
ing and ASSAY furnaces the cleanup
has been allowed to accumulate.
As the necessary equipment Is now
on the ground and installed, the re-
suits of the cleanup from the amai-
gam pans can be melted into bricks
and sent to the government assay Of
Ace. Later tho company intends to
treat its cyanide procipitates at the
plant
At the mine two shifts Of men, maxi
ing 80 men IN all are employed.
4 strike has just been reported on
the 2O0-ft level TO the north. This
vein. 1t is declared, Is five feet wide
and looks the best Of any extracted.
No assays had been made nj the time Of
the last letter from Mr.. short piece
Of the ore roasted in the blacksmith
furnace show many large globules or
silver and gold on the outside OF the
rock.
one popularity Of the ore is the ex-
tremoly high savings OF silver I'm the
cyanide solution.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-11
Lively DAY on EXCHANGE.
Trading l. Better Than for Month at
Morning Session

There was a marked degree Of activ-
ity taken on this morning By the local
stock. exchange and greater variety
OF stocks We're transacted in. Cedar
Tallsman was stronger and there was
more trading in the security than
usual
Speculation in Columbus Consolidat-
cd was strong, many taking stock on
buyers. Besides that the stock reached
a new high price of IS cents. The low
est price was "a cents; the majority
OF sales being made above that Colo
RADIO sold at 80 cents and 1900 shares
changed hands
Iron Blossom reached new high
price Of 10 cents. while consderab Bile
stock changed hands at IS cents. The
report of a new strike in the No 3
shaft has injected new life, into this
security ohio Copper was much
stronger and the number Of shares
sold was 1900. This stock sold through
out at $3.50. Evidently some news
has come from the inside as to tho
financing OF this company F.. A.
Heinze and Colin Mcintosh manager Of
the company are stll In Europe and
no word has been received here as to
what success they have had
Far more stocks were active this
morning than usual on the market and
such securities as Uncle Sam, South
Consolidated May Day and others
were traded IN TO quite an extent and
also brought better prices.
The total number OF shares gold this
morning was the highest for the
month. being 61.Osl. and the amount
paid out for securities was much bet
ter. being tls.6SG03.
Opex was heavily traded in on the
curb market this morning Although
uuOtatfons were made in other stOc ks
there was but little tendency Ia trade.
The sales on the curb were 5000
shares Of opex at asa cents; 500 at a
cents and 500 at f6 buyer so days.
TODAYs QUOTATIONS..
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-11
LIVE STOCK.
CHICAGO.

Chicago, Aug. observation-disclosures, es-
timated at 100: market TO l0c lower.
Beeves, 4 5oqS Is; Texas steers. 3.Ssuo 90;
western steers, 4.ooas. 10; stockers and
feeders. a.oOu5, Is; cows and heifers, zoo
as40; calves. 6.5ogs50.
Hogs--Receipts. estimated at 1900;
market steady packing grades ana on
ers &C. lower. Light. Spgs.S mik * o.
rs: good TO choice heavy, i750sp;
pigs. s. 4OGfs. 70; bulk of sales. 7.soas ..
Sheep-Receipts. estimated at $500;
market ioc. lower. Native, 2.5d4.25; west
native. 4.25QG.5o: western. i.&q65o.
KANSAS CITY.
Kansas city. Aug. ii.-Cattle-ReceiPt
400; market steady 20 weak Na,iVe
steers. 4.5Oas 10. cows and helfers, p
q6.5O; stockers and feeders. 3.oog6b;
bulls 8 iOd4 30, calves 3.75d4I5; west
ern steers. 4.cod Is; western cows 2'so@
40 49,.
to &C. lower. Bulk OF sales, s.Sa 500
heavy. s. lOdssO packers and butchers
s@Gs.5S: light s.s5gs.56
sheep-ResSeipts 200 msr c..1,s 7 I Ssd
wetlGrs and yearlngs. 4.oq63; fed
western ewes. $3.50 400
OMAHA.
Omaha. Aug. u.-Cattle--Receip 3eo;
market steady to strong. Native steers
4SG7S; COWS and heifers. S.ooqaoo;
western steers s.soQe,S, range cows and
heifers, 2. ag4 .5O Gamers, go ~;
s.S SSS bulls stays. etc S.Soa5. rs
Hoes-Receipts. u.Soo; market steady.
Heavy. 7.50dS.oo. mixed. 7Ods0o: light,
s.oqs.4o; pigs, 7.o@soo; bulk of sales
shsep-~Re ceipts. lsso; market steady
Yearlngs. 4DQ54o; wethers. s.5off4 IS
ewes. s,25a3.s; lambs e.5g6.b'
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-11
WORKING ON oUARTErTE.
Driving Tunnel on American Fork
Property 10 Cut Vein,

According to reports which are com
ing from the American Fork mining
district work Is progressing nicely at
the Quartet Mining company property.
where force Of men Is pushing the
tunnel through porphyry dixie Il IL
declared that high grade strngers "
ore are already coming in In the por-
phyry dixie The tunnel is cutting the
dixie at a depth Of 80 feet
a cross fissure Is expected IS feet
ahead OF the face Of the tunnel. The
contart vein Is a quartzite and lime
ON the contact vein a shaft has been
sunk 20 the depth Of so feet In which
three feet Of iron lead ore was opened
The high grade ores that are found on
the property run from 60 10 Il per cent
lead, 20 TO 90 ounces In silver and
from 81 to Sc In gold.
The officials OF this company are
Kent q. KeycS, president; a. A Barker,
vice president. Willie g. Keyes. score
tary. George = SHELTON. treasurer. The
officers with A HOLMAN and Gus
Meyers compose tho directorate.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-11
T0DAY'S MONEY MARKET.

New York. Aug. 1t.-Money on call easy.
1MG1A per cent: ruling rate ~ per cent;
closing bid. IL per cent offered at IL
per cent
Time loans. easier. for On days. per
cent: for o days, 3X per cent, for six
months. per cent.
Close-Prime mercantile paper. bIs q6
per cent.
Sterling exchange steady with actual
business I'm bankers bills at T. 50. zoo 60
for 6o-day bills and at 4 X IS for demand
Commercial bills 4.S31k,
Bar silver, % cents.
Mexican dollars. a cents.
Government bonds. firm: railroad bonds
irregular.
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-11
BUS PASSENGERS

v. s. Mccarthy and Fred Jacky OF
Missoula. Mont, G. r. Loose Of Provo
and =. a. Winter OF Payson. are at the
Semloh.
q. H. Baker Of Muskogcc. Okla. and
\. o. Wyott OF st. Louis are at the
Knutsford.
Charles ". TuCket OF Spanish Fork.
J r. IAlywhite of Bingham, II. l..
Woods Of Elko. New. Mrs. NJ. @. Shea
and Miss X. Groin OF Eureka are at
the New Windsor
II. T.. Mattenkcns Of the United
States forestry service is at the
Wilson.
George W. King and u w. Walt OF
Hutte are at the Wilson.
A. VI. Bowen Of HALEY. idaho. and
W : Harris of Bull. Ida, are at the
Cullen
Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1910-08-11
BIDS WANTED.

The undersigned will receive bids up
to Monday, August 20, 1910. At ~ o'clock
noon, for furnishing coal TO the public
schools OF salt Lake City for the school
year l9i0-i9ii
BIDS are desired on mine slack mine
run. pea and lump coal. delivered at the
buildings as required.
Price 10 be per ton Of two thousand
pounds.
The successful bidder will be required
20 onter into contract and furnish bond
I'm the sum Of 1900
The board reserves the right TO reject
any and all bids-
l. p. JUDD. Clerk