davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-01
PUBLIC is TAKING
INTEREST in MARKET

James a Pollock g.. Co. bankers and
brokers. furnish the following, received
over their private wire yesterday AFTER
noon;
Paine. Webber & Co. Letter. Boston
The whole list broadened considerably TO-
GOOD %fh demanG sepsG
and Union Pacific were active and strong
er. Among the coppers.. Lake was the
top. East sBs Butte was vas a@ also % acive There
was more public interest In tho market
than there has been for months, and we
Logan & Bryan Stock Letter, New
York-During the early trading consider
ings wore well absorbed and the, list
gained strength under the leadership OF
the HIN Issues. Steel and Union Pacific:
The statement attributed TO r. S. I.ovett
OF the Hartman lines. indicating that 1t
pend m upwards wards Of SIS 'oo6 oo6 to be dis
improvements did much towards contrib
uting to the betterment In sentiment
The Steel earnings. published after the
close, were disappointing. but IT is ex,
pected that the statement OF untitled
tonnage as OF this date. which will be
published about February 9. will more
great many instances TODAY were some
what rapid. and we lntimated In n dis
patch shortly, before the close that II
some profits. particularly on Steel.
Gallagher. New York. says: Big market
this morning In Nevada Utah and Yukon
both stocks advancing, but declined later
on selling by traders. Chino, Inspiration
and c.. Cananea weak and without sup
port Mays Oil UP cents on Toronto
buying.
Hornblower Letter. Boston-Coppers to-
day showed a better demand than for
some time and prices advanced from a
large fraction to over a point. The buy
ing was said to be OF the best and trad
ers worked on the long side. There
seems TO he more cheerful feeling here
and commission house business is I'M
proving grda ually, Should the strength
OF the New York market be maintained
1t is thought we Will get II reflected here
and consequently with the thorough liqui
dation through which coppers have
passed it would seem reasonable that We
should have higher prices.
The New York Sun says; Steel orders.
a prospect of reciprocity. bond buying
and the December showing of some OF the
railroads have put heart into spectators.
They no longer look upon the stock
market with the same suspicion that
they did at the end OF December. AS for
the public, which is to say the large
body OF investors and occasional specu-
lators that make the sustaining strength
OF a bull market, they are still cautious.
still there Is enough business coming
from this source to be q good forerunner
of what may follow.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-01
PI0CHE MERGER NEWS
PREMATURELY RELEASED

Anthony II. Godbe. who has been one
OF the most active men identified with
the Phoebe district for several wears, re-
turned from New York Tuesday and ex-
pressed himself as very much pleased
with the prospects for greater activity
In that camp; Mr.. Godbe is largely In
terested in Pioche mining properties and
has been the executive head OF Prince
Consolidated, Ohio-Kentucky and several
other of the larger mines in that dis
trIct.
With reference to the merger of Phoebe
mines which was announced several days
ago, Mr.. Godbe said this morning that
the news sent out that the merger had
been consummated was not true He said
that after they got the big capitalists to-
gether and the men who had held large
interests In the camp, they learned that
they had larger undertaking than first
anticipated. Upon the suggestion of some
of the men who have shown desire to
get in this consolidation, plan Is being
devised to work out the merger on entire-
ly different lines than were first proposed,
and while this will require a considerable
length Of time, Mr.. Godbe says that he
has every assurance that 1t will be an
ultimate success.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-01
COPPER BELT
LINE IS AT HUDSON
Railroad at Yerington Fast
Reaching Out to Nevada
Douglas Mine.

True TO schedule. the management OF
the Nevada Copper Belt Railroad COM
pany completed the second section of the
road from Mason TO Hudson by February
/. Captain Duncan MacVichie stated
Tuesday that the road to Hudson was
opened yesterday and today is ready for
business. This brings this line to a
point through the mountain pass and
well into Smith valley, twenty -eight and
a half miles south of Wabuska. beyond
which latter point the line extends for
about three miles to the Mason Valley
smelter site.
The line Will now proceed southwark
TO the Nevada Douglas Copper property,
not more than eight miles distant The
captain said yesterday that the first four
miles OF grading should not take over
four weeks time, while the second half
Will take longer. but this half involves
no serious difficulties, The third sec
tion has been contracted and the rail-
road company should be at the Nevada
Douglas ore bins within ninety days The
weather for this railroad work Is pro-
nounced by the captain as ideal. there
being no frost In the ground at all. He
also reports that the Mason Valley COM
pany is making splendid headway in the
smelter installation, the weather being
all In favor OF the work
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-01

fOlSENoON SALES.
Colorado $50 at 355c
Columbus. 1000 at 14c.
Crown Point 200 at SC.
Grand Central 100 at SEC.
Iron Blossom, 100 at sSc; 500 at soc,
Lower Mammoth, 1000 at sac; 1000 at
Mineral Flat 1000 at 2c
New York. 1900 at SC. 200 at she.
South S9uth so Iron Blossom 5no hed 1000 at &c
Victoria Consolidated, 500 at &c.
Shares sold. 1880
Selling value s1s29.50
OPEN BOARD.
Black Jack 500 at 9sc.
Beck Tunnel. 400 at ISc.
Bullock. 1000 at &c.
Colorado, 1000 at 351c.
Crown Point. 1000 at 5ac;.
Ir91 II,,,e BIesSomi LOSS 9oo zoo o, a. a. Ssc
New York 1000 at 5lc: 1000 at sac.
seven Troughs 1000 at 4ac.
Utah Consolidated 1000 at 5tc.
Uncle Sam. 500 at Sic
Shares sold. 1890.
Selling value, S1155.
AFTERNOON SALES.
Beck Tunnel. 1900 at 1s3c. buyer sixty
avs; 100 at 1Sc
-Tallsman. $500 at 1oc.
Century. 500 at &c.
Grand Central. 100 at 64c
Iron Blossom. 900 at s9c.
King William. 200 at 15c.
Plutus, 1000 at 5sc.
Sioux Con, 500 at 34c.
Tintic Empire. 1000 at 4c
Uncle Sam, 500 at SIC.
Utah Con. 200 at Sc.
Shares sold. 10000
Selling value. sl744.
OPEN BOARD.
Keystone, 200 at &C.
Nevada Hills. 100 at SASH
New York, 1000 at &c; 500 at SIC.
Uncle Sam, 900 at 56c.
Shares sold, 3100
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-01
JESSE KNIGHT IS
FORMING MERGER
Meetings of Governor and Drag
on Companies Called to
Join Forces.
GROUPS IN LINE
FOR COLORADO ORE
Both Properties Can Better Be
Operated Under One
Management.
Special to The Tribune.

Special to The Tribune.
PROVO. Jan. 31-The Jesse knight
interests of Provo are planning a con-
solidation at Tintic which is OF consid
cradle interest to Utah circles. This
merger involves the Governor and the
Dragon properties. and special stockhold-
Thursday. March 2. al which the propo-
sition to merge the two companies VIII
be submitted to all interested
These two groups of claims cover one
OF the most interesting OF the territory
left for exploration which is within the
Colorado ore channel influence. the Gov
ernor adjoining the Iron Blossom mine on
the south, while the Dragon ad1oins the
Governor, The ore bodies Of the Iron
Blossom are making toward the south
and should enter and pass through the
entire length OF the proposed merged
territory. In which case the company will
have considerable more along the trend
OF the ore than the Iron Blossom Itself.
The Dragon Is one Of the heaviest
shippers of ore in Tintic, standing sec
end only TO the Centennial Eureka but
the ore is iron almost exclusively and is
inc purposes. The company has started
out from the 500 level To find the Iron
Blossom ore system and IL is figured that
the two properties can be operated UNI
der one management much more eco
nomically than under existing conditions.
There could be several WAYS of operating
the merged territory The Iron Blossom
workings can. and doubtless will be
continued south into the Governor. and
the Dragon work will without doubt be
maintained. Adjoining the Dragon Is the
Black Jack property. also Knight
proposition: with very deep workings,
securing the required depth on the
Dragon end
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-01
HOWELL LEASE GETS
GOOD GALE|VA ORES
Maxfield Property Via Long
Tunnel Shows Some Very
Fine Rock.

Jay e. Johnson. the mininT engineer.
returned Tuesday morning from the fa-
nous old Maxfleld property OF Big Cot
tonwood canyon. where he and associates
are operating what is known as the
Howell lease He brings with him some
ly flrst-class grade. in which consider
able gray copper can be seen, whlch
represents the best grade Of rock now
being found.
tunnel, having drifted west from the
l200-foot point and raised on the ore.
Johnson states that there are fourteen
inches OF galena making out into the
hard lime, the richer rock occurring In
punches as yet. Several tons of the ore
have been extracted and saved, and when
the contact Is reached the operators
have every reason to expect develop
ments OF large proportions
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-01
CON. REPORT
ON QUARTERLY DIVIDENDS

Special to The Tribune.
NEW YORK. Jan. 31,-The Goldfield
Consolidated Mines company reports pro-
duction and earnings for the quarter end
ed December 81. 1910. as follows:
Dry tons treated and shipped: October
25, I64: November. 24,956; December, %, :
800. Total. 1920.
Gross value: October, s1,o95. SIS: Novem
Der. sSI3. 406, December. s746,761. Total,
S2.I15.9S2.
Total costs and losses: October. $685.
64l: November. s2S4,796: December,
S25S. 053, Total s94l, ,490
Net profit October, s697.17 Novem-
ber: S5SS.6l0; December, s4Ss.70S. Total,
81, IA. .402
Figures for December are approx
mate, because settlements for the month
are not completed. On December 81,
1910. the companys cash balances aegre :
gated s2.524 .32S. After the disbursement
OF the quarterly dividend today the com
panys cash balance will show, according
TO the statement. approximately $780,
900.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-01
CAUSE OF AMERICAN
ZINC STOCK WEAKNESS

Local shareholders OF the American
Zinc Lead &> Smelter company will be
interested In the following discussion of
this companys affairs by Thompson.
Towle Co. OF Boston:
The apparent weakness in American
Zinc, Lead Smelling stocks OF late is
not due To any property conditions, but
exclusively TO stock market conditions.
Spelter has been following iron. steel
and copper. and has weakened somewhat
but the American Zinc Lead & Smelt-
Ing company Is sold up ahead. and even
on present prices the company is earn
ing we'll In excess of its dividend re-
quirements
There has been recent change in the
joplin district In the buying OF zinc ores,
which has met With the approval Of the
management of the American Zinc. Lead
e Smelling company. This change is to
buy ores on the basis Of spelter. figuring
the ore al s3T per ton. with spcter at
5c t. o. b. ST. Louis and every one point
advance In tho price of spelter adds 10
the purchase price OF ore SIC per ton.
so that with spe,er at $3.50. the present
market. they are paving s39.55 for ore
The tendency of this new method OF
hurlns ores will be TO stabilize the zinc
industry. both from the smelling and
mining standpoint"
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-01
EXCHANGE ELECTS ITS
OFFICIALS FOR YEAR

The Salt Lake Stock & Mining OK
change has elected the following officials
for the year 1911: President, w. j.
Browning, first vice president w d,
NeoeEer; second vice president. w. II
Child: third vice president. L. G. Woolley
Jr, G. P. Norton was reelected treas
urer and ]. A. Shorten again was chosen
as secretary,
The committee chairmen were selected
as follows; Arrangements. Il. j. Evans !:
membership, r. S. WINNER; listing, A
4. Jacobs: arbitrat ation. T, G. Dern: rules
William H Tibbals. George F. Wasson'
who has served the exchange as caller so
acceptably during the past year or more
will continue In that capacity.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-01
GIR0UX COMPANY KNEW
MUCH BEFORE SINKING

In regard TO the Glroux Copper com
pany an eastern dispatch Tuesday said:
IT may not be generally known. but ft
Is a fact that the management OF the
Giroux company before sinking its big
five compartment shaft had pretty thor
ougbly tested the value OF the Alpha lode
by means OF the diamond drill, the drill
ing being conducted from the bottom of
the old Alpha shaft at the twelfth level
and that the result OF this drilling had
considerable influence In the plans OF the
Giroux people in eQuipping the Alpha
workings with the largest ard best ma
chlncry known 10 modern mining
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-01
HAVE YOU PILES?
THEN GET HEM RoID UNDER
MONEY-BACK Gt1ARANTEE

Blind piles. protruding piles, itching
piles, are cured with equal success by
the guaranteed internal remedy, Dr..
Leonhardt g Hem Roid. Tho guarantee
is so broad that it costs you nothing
if you get no benefit. Don't waste any
more time with salves, suppositories Or
other outside treatment, Attack the
cause.
Hem Roid-$1 for large bottle. lasting
"a days, at SCHRANIM- JOHNSON.
DRUGS, FIVE STORES, and druggists
everywhere. Dr. Leonhardt Co., Station
B, Buffalo, n. Y, Props, Write for
booklet
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-01
Sticky Sweating
Palms

after taking salts or cathartss
waters-did you ever notice tha4
weary all gone feeling-the palms
OF your hands sweat-aud rotten
teste In your mouth - Cathartics
only move by sweating your bowels
DO q lot OF hurt-Try q CAsCA-
RET and see how much easier the
Job Is done - how much better
you feel q
cAscARRre .oo q bog sos weskp
treatment. ali druREista, Biggest scllee
- che world, &NQsu bozes EaaaaA
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-01
TRADING LIGHT ON THE
STOCK EXCHANGE TUESDAY

There were no special features de-
veloped Tuesday on the exchange, and
trading was light, There is strong un-
dertone. however that promises TO re-
tain the interest of the public. Stock
prices continue reasonably strong under
the circumstances, The sales reached
total OF 36350 shares Of stock the mar
ket value being 1886. is, The months
sales totalcd 1.07S.302 shares. value s2d2,-
S06.49 The following were the closing
unlisted and listed stock transactions:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-01
WILL RESTORE HOMESTEAD
AND DESERT RIGHTS

WASHINGTON, Jan. 31-Second
persons who may have lost their rights
through no fault of their own are au-
thorized by bill just passed by the
senate.
The sale of lands reserved for irripa.
tion projects, when not so needed, is
provided for by another bill the senate
passed.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-01
Binds Youths Over

Al Pace and William Green. South Cot
,s tonwo9o Eouths. charged with burglary.
Justice OF the Peace Williams at MI
vale Tuesday and were bound over 10 the
district court under bonds OF $1,000 each
Unable to furnish bail, the youths wera
lodged in the county Jail to await trial
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-01
LA. GRIPPE COUGHS

Strain and weaken the system and if
not checked may develop into pneumo-
mia. No danger of this when Foley IS
Honey and Tar is taken promptly. 1t
is reliable family medicine for all
coughs and colds. and acts quickly and
effectively in cases of Group. Refuse
substitutes. Schramm-Jo johnson. Drugs,
fyc stores.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-01
Nevada News Agents.

Nevada News Agents
BauyaTd-A. c. Pesco.
Goldfield-Louie Poiliu,
HawtnorDe-Louie Polllu
kjmberly-Sheidon Lowney.
Loveloc. Bible Bros.
M!das-Airs. C. A Harrington.
Rawhide-LouIe Pollin.
Reno-HoteI Golden News Stand. Ro.
senthal & Arna:ika: Shepard G. Son.
Yerington-F. ". Burner.
WlnnemEcca-Pearce & Chase
Cobre-Richard Richards.
Cherry Creek-Grey & Collins
Eko-Wheeler & Co
Ely-Grace 3. Paxton; Harvllle Sta
iionery Co
McGiIl-M, Herman: Walden & Bur
Eett.
Rhyollte-The Crescent
Pioche-Pioche Drug Co
Calicnte-John Shier Thomas Him
ptreet
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-01
MOTHER LEAPS TO DEATH:
GIRLS FATALLY BURNED

NEW YORK, Jan. 31.-Mrs. Mary
daughters were fatally burned in
spectacular fire which DESTROYED four
story tenement building at Thirty.
seventh street and Sixth avenue today.
Two firemen were injured in rescuinr
occupants Of the burning bui1dino
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-01
Mining Notes

Superintendent William Owen OF the
Eagle and Blue Bell company was in
the city Tuesday from Tintic.
General Superintendent r. c. cemmel
day at the Garfield plants of the com-
pany- "
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-01
Ore and Bullion

The ore and bullion report for Tuesday
given by Mccormick & Co. was as fol-
lows; Ore received. $40 o00 bullion
shipped $50, 900; total 800. 900.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-01
Metal Market.

The metal quotations for Tuesdav
posted oXi Mccormick G. Co. were as foi :
Joys, Joys, silver 52ac; lead. $3.50; copper
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-01
Ore Shipments,

- The Utah Ore, sampling company on
Utah camps. i''i''
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-01

The checking accounts If
merchants, manufacturers, firms
and individuals are cordially in
vited, with every assurance cf
good service and the most lib
eral terms consistent with
safety.
The Oldest Bank in Utah.
Established 1859.
Capital $3.50, 900 90
Surplus ....-...... 125, 10000
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-01
New York Mining 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, 1911-02-01

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, 1911-02-01
T0D|SSOLvE
ALICE COMPANY
Secretary Allen Sends State
ment to Stockholders Init
mating Future Policies.
is NOW PART OF
ANACONDA MINE
Company Has Been Operating
for Several Years Past
at a Loss.

| j, W. Allen. secretary OF the Alice Gold
and Silver Mining company, in accord
ance with A resolution passed at the an
| nual meeting OF shareholders held in this
| city, has issued a statement giving the
| financial condition OF the company. In
which statement is contained informa-
lion in regard TO the probable dissolu-
tion of the organization The statement
in part follows:
The properties OF the company have
not been operated since 1893, with the
exception OF n short period In 1S97-1S9s,
Since the close of operations some ore
has been extracted by leasers from work
ings above water level but the total
amount received therefrom In royalties
penses OF the company, which showed a
loss on operations for the four years and
one month ending April 3o 1910, of over
EARLY In 1906 the controlling interest
In the company was purchased by the
Butte Coalition Mining company, with
ploring the Alice territory in the hopes
OF finding deposits of profitable ore. ow
ing to the decline in the selling price
OF metals In the summer OF 1907 II was
deemed advisable to hold In allegiance
the financing that would have been ncces-
sary IN order TO prosecute this exploration
work. Meanwhile the directors were APP
preached by the Anaconda Copper Min
Ing company with a proposition to pur-
chase the company's property for 10000
shares OF Anaconda stock and the paw
ment of the floating Indebtedness of over
S34 900.
The proposition was accepted and the
a special meeting OF the stockholders of
the company held in Salt Lake City on
May ~ 1910. the action OF the directors
vas vas approved ratified and confirmed.
snare on the Anaconda stock now In the
company's treasury were received dur
ing 1910,
"It is the intention Of the manage
ment to submit to the shareholders for
their consideration a proposition to dis
solve tho company and distribute It's as
as soon as IL is practicable to do so
When the plan is ready for presentation
to the stockholders they will be advised
promptly"
The following financial statement is
given. covering the time at which the
above mentioned sale was made:
Assets.
Mines. improve
ments, etc. -. 100000 10000
Less recovery
from insurance
companies for
fire loss in 1906 is o569O
-- s9,9s1 e431o
Supplies on hand ..... o33.10
Insurance uneXpired ...... ll04S
Accounts receivable ........ $50 So
Cash IN bank ..-........... 2.S36. 40
Deficit:
March
81. 1910 ...... s27,74s75
Add loss April
J. 1906 to April
30. 1910 ....... 22,3S5Oo
-- 5o.ls975
sl0,035. .e4445
Liabilities.
Capital stock $40, ,ooD. 900 90
Amount due Butte Coalition
>, for moneys advanced -. s4.s2792
axes accrued >....,.e-... 14400
payable ........... 672,53
slo.sa5,s44l5
mere are 40O.OOO shares OF the Alice
to be exchanged for the &c. 600
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-01
Nevadas in San Francisco.

NeVdudS IN Sdn francisco,
James A. Pollock e. Co, bankers and
brokers' turnish the following, received
over their private wire yesterday after
noon:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-02-01
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, 1911-02-01
Liabilities
Sl0,$35,e4i. IS

There are 900 shares of the Alice
outstanding to be exchanged for the 10000
shares OF Anaconda now held in the treas
ury.