davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-05
FUTURE OF FIRST
NATIONAL IN DOUBT
Decision of Court Places Com
pany Up Against Very
Hard Game.

Now that Judge Morrow OF the Call
fornia court has Issued final decree or
derng the closing OF the First National
Copper company's Ballaklala smelter at
as TO the company's future. Notwith-
standing the fact that the company
claims that the noNious gases complained
OF by the farmers arc being eliminated
by the Cottrell process. The court M has or
dcred a shutdown after some 10000 tons
of ore which have been extracted are
treated. Tho property Will not be aban-
doned, in any event. and II Is believed
that the court may be convinced some
time or another process invented. where
by the smelter will be allowed 10 operate
with not more than .0075 per cent of sui
phur dioxide in the escaping fumes. AS
for the playhouse system, adopted at the
Mammoth smelter. the officials there are
considerably worried as 10 It's efficiency
inasmuch as II is certain that tests VIII
be made.
The BallaklaIa smelter is an up-to date
plant. finely equipped and is worth near
a well developed mine with reserves of
about 1000. 600 tons OF ore averaging 2.65
per cent and also carrying good precious
metal values. 4 large portion OF the
companys territory is as yet undevel-
oped. California ores carry a large
amount of sulphur. running as high as 30
to 40 per cent, so that in time First Ma
tional may engage In tho manufacture OF
sulphuric acid, as did the Tennessee Cop
per company, with great profit in addition
TO it's production of copper
The management Is laying great
strength on further refinement of the
Cottrell process. which will enable the
smelter 10 resume The property is now
selling in the market for about s15o.oOO
which represents less than was expended
on the smelling plant alone. The 500 en-
ployees of the plant have been discharged
Boston Financial News.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-05
WILL MAKE MUCH
BETTER SHOWING
Utah Copper VIII Benefit by
the Increase i'm Price
of Copper.
MAY OUTPUT WAS
BEST SINCE JULY
Raises Inference That Output
May Be Maintained at
Better Rate.

Although Utah Copper company's pro-
duction for May of S,39l.S7o pounds was
only 222. 2.6sI pounds larger than April.
which in turn was nearly 100000 pounds
larger than March. It was the largest the
company has experienced since last July
when the II per cent curta1lment agree
ment went into effect. Production for
MAY was al 032 pounds smaller than the
corresponding month last year. whereas
Aprirs production for 1911 was 266,6Ob
pounds larger than in April, 1910. says
the Wall Street Journal.
With copper selling now at ia cents
a pound and prospects Of 13-cent copper
soon. it would not be surprising IL pro-
duction materially increaaes after August
/ when the curtailiucnt agreement cx-
pires As il Is. the higher figures for
April and May will do a great deal toward
coualiZing the low production OF the first
three months OF the year. While tho av-
erage monthly production for the first
three months came 10 1.09S. sos pounds
that OF the last two months has brought
the nve months average UP TO TSIl,5oi
pounds.
Utah's subsidiary, Nevada Consolidated
with May production OF 6,164.i9$
hounds had a decrease from the April
figures OF 81 .227 pounds, as against de-
crease of over 300. 900 pounds between
April and March. Like the parent com
pany It's May figures were smaller than
last year. while the production for April
was larger than In 1910. Following is
the production by months for the last two
years OF botls companies:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-05
WETThAUFER is IN
REGULAR PROFIT LIST

With the declaration on June u OF a
quarterly dividend OF q per cent and y
per cent extra, payable July 20 TO stock
holders of record July 10. the Wettlaufer-
Lorrain Silver Mines Ltd. may now be
considered as upon a regular dividend
paying basis. This is the second dis
bursement the company has made. the
first dividend having been paid on March
II OF this year at the same rate as the
present disbursement.
Wettlaurer has made very good rec
ord, the property being opened and
the profits derived from development
work alone. no STOPPING having been done
The mine Is in very strong position
as regards ore reserves the properly
having more than SO per cent of Its SELF
ing price In developed ore, While In the
lowest workings OF the mine at a depth
OF 300 feet below the surface. there is
exposed high grade ore unsurpassed IN
value by any in the mine. Were COM
putations made on the various Cobalt
properties as to the net value in the
ore reserves in proportion TO the selling
price Of the stock. u appears safe to
ably exceed by several times that OF the
average Cobalt property.
The Wettlaufer mine is located about
South Lorrain. The developments which
have taken place In this property have
resulted In considerable interest being
taken in this section. and II may be
stated that notwithstanding the Porcu-
pine excitement which has distracted at
| tenton from properties in and about CO.
bait. there is Increasing activity In South
| Lorrain.
Mr. Hellman OF the firm OF Leggett &
| Helman, who Is consulting engineer for
Wettlaufer, is now at the property out
lining the development and operation OF
| the mine. Wettlaufer at present market
price of 81 lsl returns nearly II per cent
on the vestment-Thompson. Towle
| G Co,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-05
ROUND MOUNTAIN Is
SHIPPING BY MAIL

An innovation in shipment OF bullion
from southern Nevada has been intro
duced by the Round Mountain Mining
company. It's bullion now being sent 10
the mint by registered mall instead OF by
Wells Fargo express. as has been the
rule In the past Heretofore the bullion
was brought over TO Goldtield once a
month by automobile and shipped from
here. but now about four pounds Of bull
lion periodically are sent out by regis
tered mail from the postoffice al Round
Mountain. greatly reducing the expense
and responsibilities OF the company is
transportation The bullion Is insured by
the Lloyds in behalf Of the company. the
limit being 100000.
Currency for the payroll is also con-
veyed by registered mail, being sent over
from Goldiicld. and insured by the Can
ton Insurance company Of Hong Kong,
the limit being $4,000 for single ship
ment.
The plan OF shipping bullion by reg
istered' mail was introduced some time
ago In Nevada by the National Mines
company In Humboldt county. and has
given eminent satisfaction.
The new battery OF ten stamps, secured
from the old Gold Bar mill at Rhyolite
and transferred TO the Round Mountain
mine for increasing the capacity OF that
plant. is now nearly ready for operation.
and the first stamps VIII commence tc
drop July 5. This will bring the capacity
of the Round Mountain mill up 10 16C
10 175 tons a day, nearly doubling It's
former capacity
Reports from the mine are exceedingly
favorable and show that development
in the new territory east of the old
workings is more than meeting all eX-
pectations The result of this work has
been so good that cnlarging of the mill
was necessary TO keep up with the
growth of the proven ore resources. and
It assures long life and prosperous fu-
ture for the company. When the litiga-
ton In which il is involved is settled
the company will undoubtedly be on a
stronger basis than ever in It's history
Goldfeld News.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-05
GERMANY TO SETTLE
OWN COPPER PRICES

Plans for a new metal exchange which
will eventually prove TO be an index Tor
the world are gradually taking shape in
Berlin For several years the great cop
per interests of Germany have been dis
cussing ways and means TO make them
selves more independent OF the London
Metal exchange, upon which they were
entirely dependent for guidance In MAX
ing contracts for future delivery. Ham
burg and Berlin began action on the
matter at about the same time. Ham
burg established a more or less trreGu-
lar market about year ago, but II never
enlisted national support.
After celebrating and comforting over
the matter for about A year. Berlin
finally decided at the beginning OF 1910
TO invite the copper consumers and i'm
meet twice a week in the produce section
OF the Bourse for the Informal transac-
tion of business. but without giving 10
these meetings the character of a regu-
these meetings proved OF practical ad-
vantage to the business men concerned,
the stock exchange committee was pett-
toned TO hold daily meetings. The OBJ
jective Of these proceedings was TO lay
the foundation for the Metal exchange
at Berlin, and this has already been
achieved.
With the settlement of the form OF
contract and other technical points a
regular organized trade In copper futures
was commenced few days ago.
scClely Oh Tue lNInS lHltItSlCu Ids DceIl
formed, and 1t has entered into an agree
ment with one OF the big banks OF The
city. under which the latter undertakes
TO guarantee that contracts will be duly
fulfilled The new arrangement has at
tracted active support from many inter-
ests, including copper merchants and
consumers and most Of the big banks Of
the city. a large number of these in
terests have already become members
II is believed that Berlin Will grow
into copper market OF prime import
ance in the worlds trade. in view Of the
heavy consumption OF copper III Ger
many Arrangements for the quotation
of copper futures at 1880 p. m have
been made. so that the Berlin price will
he the first copper quotation 10 bc pub
lished in the world each day. A striking
difference between quotations Of the
Berlin exchange and that OF London. is
that there Is a quotation for every month
ahead for a whole year whereas London
has futures for only three months ahead.
Boston Financial News.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-05
ELY CENTRAL WILL
NOT Be ABANDONED
Committee Takes Up Shaft
Work Where the Receiver
Lets 1t Drop.

Receiver Ed, Millard of the Ely Central
Copper company last night paid off and
discharged all the men employed keeping
the pumps In operation at the Eureka
shaft. This morning they were re-em-
ployed by James Jacoby. who Is the man
ager for the new company. under the di-
rection OF James NJ, Lockhart. attorney
FOR the reorganization committee.
For some time. under an agreement
entered into between the receiver and
representatives Of the reorganization
committee. the committee has been fur
nishinG part of the funds TO pay the eX-
pense of keeping the pumps going, the
receiver did not have sufficient income Ia
do SO and could not raise money on re-
Cciver's certificates.
AT tho same time the old company
and some of the creditors have been
fighting the receivership and aDplica-
ton for the removal OF the receiver is
now being considered by the court. ar
guments having been made on 1t several
days ago. Since the receiver was ap-
pointed the reorganization committee has
secured complete control OF the old com
pany by electing a new board OF direc-
tors and the fight has been kept up TO
have the receiver removed.
Believing now that the matter Will be
settled in a short time. the committee
had decided not to pay any more money
TO the receiver but Will employ the men
needed TO keep the water out OF the shaft
and disbursc the money directly to the
men.-Ely EXpositor. July l.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-05
Utah.


James Doyle. They are sending out fifty
picked prospectors, providing them with
the necessary provisions and equipment
and giving them expert advice concern
Ing the best places and the best methods
for prosecuting a successful search for
new ore bodies. Large areas where met
Colorado have been given only a super
fetal prospecting and there is perhaps
nowhere else In the world more prom
sng field for the prospectors The
search for ore is necessarily a gamble.
and those who fail are more numerous
than those who succeed, but there are
well qualified to form an opinion on the
matter hopeful that splendid re-
suits. possibly another LeadvIlle or
Cripple Creek will be the outcome of the
taken under such favorable conditions.
Closely allied TO the. prospecting cam
survey for which the last legislature
made an appropriation OF $50, 900. This
survey is supplying the geological data
that makes possible an intelligent and
dependence on blind luck. The work
done by the survey in the old Monarch
district OF Chaffee county has been fol-
lowed by a revival OF mining activity and
the discovery OF the best ore ever found
In that part of the state. This summer
the survey Will carry on similar work
in the Alma district OF Park. county and
the White Pine district Of Gunnison
county, In both OF which there are nu-
mcrous opportunities for getting large
returns on moderate investments in the
intelligent development OF new ground
The fact that not beginning has been
made in eXhausting the resources of even
The oldest mining camps of the state is
shown by the recent history OF Leadville
where during the past year have been
opened in abandoned workings of many
OF the old mines extensive and immense
~ val liable deposits Of oXidized zinc ore.
whose presence there had until then
| entirely escaped attention.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-05

II June production comes up 10 that OF
April and May and there Is no recession
from the prevailing price OF l2i cents a
pound Utah Copper company's statement
Of earnings for the second quarter OF the
current year should make fair showing.
The company can earn its present divi-
dends at the rate OF SO per annum with
l25-cent copper. as was shown In the
first quarter. when there was a surplus
over dividends OF s252l based on the l2a
cents a pound for copper for January and
ia cents for the months OF February and
March. Prices went below 12l cents be-
tween April Il and May 20. but is now
firm at 12g. wish indications that II may
touch I3 cents shortly
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-05
CENTENNIAL is DOWN
IN A FEW VALUES

Centennial has it's shaft down fifty
feet, and while they have some distance
vet to go TO reach the ore zone. the
material through which they. are going
looks very good. Assays Of the stuff
show some little values which are most
encouraging for the reason that il has
been predicted that the shaft would have
to be sunk TO al least the l00-foot level
before the main ore body would be
reached Getting values Of any kind at
this shallow depth certainly makes things
look better at greater depth.
General Manager Nanderhoef OF Cen
tennIaI was down in the shaft during
the week and expressed himself we'll
pleased with both the progress Of the
work and the character Of the material.
Mr.. Vanderhoef has always been con-
vinced that depth in the Centennial will
reveal one OF the best mines in the dis
trict-Whjte Pine News.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-05
BOSTON ELY GETTING
SOME FINE RESULTS

For several weeks past the force Of
miners in the southwest drift from the
west crosscut OF the Boston Ely has
been engaged in developing ore bodies
which promise well for the future OF the
property. On Sunday last the northeast
drift on the same level broke through
the lime wall and pumped into a body
OF ore carrying native copper and copper
glance. with general average of per-
haps from TO 10 per cent, which Is
the richest and best ore yet found In
the property 1t Is yet too early 10 pre-
dict the future OF this new ore body. but
II Is considered a matter Of much I'm
portance by the management.
The property is now showing more ore
than at any time In IT'S history, and IT
is all OF commercial grade. IT has al
ways been the opinion OF Manager Ralph
that lenses OF good ore would be found
above the water level and these new
strikes have proved the correctness OF
his theories. Development above the
water level Will be continued during the
summer in order to demonstrate the best
point for sinking below water level. where
the enriched zone viii be found. The
Boston Ely has pushed its development
steadily for the past five years. and is at
last meeting with the reward which its
management so richly deserves.-Ely
Record.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-05
E5sIicb.s R5eIi COG Cures
BLOOD POISON

The, famous sos surgeon is now in
Salt Lake administering the famous
German Remedy. lie has made IL
possible for every sufferer Of Blood
Poison to get cured privately and
secretly Mr., Sufferer, the effects OF
Blood Poison creep on like thief i'll
the night, as many sufferer who has
had his symptoms patched up was
suddenly awakened a few years after
ward TO find himself stricken with the
horrible aftercffects, such as Loco
motor AtaXla, Heart Failure. Blind
ness. Paralysis Lost Memory. etc. Can
you take this terrible chance?
The success of this most marvellous
cure of the century depends almost
wholly upon the manner in which il
is administered. Don't allow yourself
TO be experimental upon. but call and
consult the skilled surgeon. who de-
votes his entire time to the admins
terlng of this wonderful remedy. He
will arrange TO suit your convenience.
and will detan YOU only half an hour
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-05
COLORADO WILL GIVE
HILLS FAITHFUL SEARCH

Prospecting in Colorado during the
present summer will be more energetic,
more thorough and moro intelligent than
any search for ore deposits that has
been undertaken In this state for many
years. To get prospec,ors into the noun
talns TO put men with a nose for ore
on the trail of gold and other metals.
a grubstake fund OF $4,000 has been
raised by popular subscription. The
spending OF this money will be in the
hands OF committee composed of men
widely known for their ability as mining
ventures,
The members OF the committee are Max
Boehmer Ernest lie Neve Foster and
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-05
SPECIAL STOCKHOLDERS MEETING.

Notice Is hereby given athat a specla,
meeting of the stockholders of the Halt
fax Tonopah Mining company viii be
had and held at the office of said com
pany, room 1905 Kearns building, Salt
Lake City, Utah on Wednesday. the 5th
day of July. 1911, at the hour OF O'Clock
D. m. OF said day,
Said meeting will be had and held for
the purpose of considering and passing
upon the question of amending articles
OF incorporation Of said company by re-
ducIng the capital stock of said COM
pany from $4,000. 600. divided into 0o0.-
900 shares OF the face or par value OF
SO each, to 1000 600. divided into 20O0-
900 shares of the face or par value OF
81 each.
And for the aforesaid purpose to amend
Article No. VI of the articles OF incor-
poration OF said company so that the
same shall read as follows. to wit:
ARTICLE vi.
THE capital stock OF this company
shall consist OF So. 900, 900, which shall be
divided into 100000 shares OF the face
or par value Of one dollar EACH
Such other and further business will
be considered and disposed OF at said
meeting as shall lawfully come before
the same
BY order Of the board OF directors,
F. NJ. SMITH. President
F, ], Westcott. Secretary.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-05
ONLY san

To San Francisco and return daily to
July 7th, except July 9Th, via Oregon
Short Line, for National Educational
association convention. Limit Septem-
Der 18th. Proportionately low rates
also via Portland or Los Angeles re-
turning. City ticket office. Hotel Utah
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-07-05

Sprains require careful treatment.
Keep quiet and apply Chamberlain S
Liniment freely. Tt VIII remove the
soreness and quickly restore the parts
to healthy condition. For sale by
all dealers
The enterprise. [volume] (Harlem, Mont.) 1899-1926, 1911-10-19
GREAT FLEETS TO ASSEMBLE.
New York and Los Angeles to Wit
ness Mobilization.

Washington, Oct. 14.-The mobiliza-
ton of the Atlantic and Pacific fleets
at New York and Los Angeles, Oct.
80 to Nov. 2, will mark the gathering
of the greatest naval force that ever
floated in the waters of this helnis-
phere.
The navy department made public
the full list of the vessels to be as
sembled for the great reviews at New
York and Los Angeles, and while the
number combined does not equal the
1875 vessels reviewed by the German
emperor at Kiel last summer, the 126
American ships with their tremendous
displacement of 693,S44 tons are real
ly more powerful than the German
fleet
The Atlantic fleet will comprise 102
vessels Of all classes with total dis
placement of 577, 500 tons and the Pa
cific fleet "a vessels of 116,245 tons
The combined fleets will include 80 ar
mored ships, while the German flee
numbered 20. The American battle
ships will number 25 and the armoret
cruisers 6, while the German fleet in
Guided % battleships and armore(
cruisers.
The enterprise. [volume] (Harlem, Mont.) 1899-1926, 1911-10-19
NEWS OF MONTANA
Important Happenings Of the
Week Briefly Told.
MINING is GAINING.
Gold Output OF Montana Districts
Passes That Of PaImiest Days.

Helena.--Evidence of increased &C.
:lvity and production in nearly every
mining camp in the mineral district
surrounding Helena indicates the dawn
III a great mining revival.
For two years attention has been
almost solely centered in the agricul-
tural development of the state, but
notwithstanding mining operations
have been pursued on an increasingly
large scale. At Clancy, Lump City,
llimini, Marysville, Boulder, Wickes,
districts, mines are being reopened
ind developed rapidly.
The gold output of Marysville
equals and possibly exceeds that of
It's palmiest days. The Elkhorn prop
critics are showing up to better ad
vantage than ever before; mines at
Winston, which have been closed
down for years, are being reopened;
| the Corbin Wickes district continues
to forge to the 'front.' and the monthly
gold output of the Radersburg dis
trict is now almost ten times that of
the days when it first became famous
Radersburg is the most thriving
gold mining camp in Montana at pres
ent. 1t is not boom camp, but one
which gives every Indication of pro-
ducing ore for many years to come.
In the district north and south of
Radersburg great amount of pros
pecting and mining is in progress and
some exceedingly good ore has been
| encountered in numerous mines. The
lack of suitable transportation facili-
ties retards the development Of tho
district.
A trial involving the ownership of
the Eglanol mine, considered one of
the richest in the Marysville district,
has just been brought TO a close in
Helena, resulting in a judgment be-
ing awarded B. II. Tatem for $685.
931.31, money which he is said to
haye advanced as an individual to
the mining company for the purpose
Of developing the mine.