davidaulloa/AmericanStories huggingface dataset:
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1911-11-14
UOW'S THIS.

We offer One Hundred Dollars Reward fol
any case Of Catsrrh that cannot be cured
By Halls Catarrh Cure.
r. J. CHENEY q co, Toledo, o.
We, the undersigned, have known Y. J.
Cheney for the last Is years, sad believe him
perfectly honorable In all business transac
iions and financially able to carry out any
Obligations made by his firm
wALDISg, KIsNAN 4 MARVIN.
Wholesale Druggists. Toledo, o.
Halls Catarrh Cure is taken internally
acting directly upon the blood and mucous
surfaces Of the system. Testimonials sent
free. Price 75 ssnts per bottle. Sold By I'll
Druggists.
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1911-11-14

cows and helfers 2.OO@5.s5; calves
5.00Qs.25.
Hogs, receipts 10000; steady at
opening prices; light $50 $50;
mixed s.OOae.65; heavy e.0O9 6.65;
rough 6.0Oa 6.25; good to choice
heavy $3.50 6.G5; pigs S.S5 q $40;
bulk Of sales 6.25 q 6.55.
Sheep receipts 35,0O0i strong; ma
tive 2.50Qs.90; western 2.65 q 800;
western 3.75G5.65.
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1911-11-14
Trading In Chicago.

CHICAGO, Nov. l3.-Surprise at
the apparent smallness of the In
crease in the visible supply helped
give the wheat market today an up
ward slant. Then close was 1-463-s
cents net advance. Latest trading
left corn with gain of 1-sQ1-4 to
1-463-s cents; oats up l-493-S to
3-S cents, and hog products varying
from 2Ia decline to like amount Of
added cost.
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1911-11-14

FORT WORTH. Tex, Nov. l3.-
cattle--Receipts. $500. Steers strong
sS.75q5.1O; cows steady at sS.oog
3S5.
Receipts. 800; strong to 8
cents higher. Top. 1886; bulk s6.15
$3.50.
No sheep.
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1911-11-14
Cotton Seed OIL Market.

NEW YORK, Nov. 13.-Cotton seed
DILL, closing prices: 1q6 points net
higher. November 5.796s1; Decem-
Der 5.6s q GO; January 5.s6G67; Feb
ruary 5.6s070; March 5.7ld73'
prime crude oil 5.47: winter yellow
6.40q 100; do summer white $50 "
$40.
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1911-11-14

tive heifers, ,4OOQ1oO; calves, $500
600.
Hogs-Receipts 5000 Market 8
TO 10 cents higher; bulk OF sales s6.lO
$3.50; heavy. s6.42h Q6.4bh; pack
ers and butchers, f6.30Q $50; lights,
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1911-11-14

KANSAS CITY, Nov. 1s.-Cattle-
Receipts, 1900. including 1000
scutherns. Market steady to 10
cents higher. Dressed beef and ex-
port. s675G 800: western steers,
ss.OOds.OO: stockers. s3.75@ 5.75;
southern steers. t4.O0 ii $40; southern
COWS, s3.00a 4.50: native cows, $500
a45o. native cows. s2.65 $3.50; ma
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1911-11-14

KANSAS CITY. Nov. 13.-Close-
Wheat Dec. SO b-sc; May, $1,000
100 49, July. 92 1-s992 lac.
Corn-Dec. 62kc; May and July,
60 7-sG64c.
Cash wheat-No. 2 hard, sSc@
s1.04h: No. red, 97Q9sc.
Corn-No. 2 mixed and No. white.
T4c.
oats-No. 2 white. 4ss a 4ec; No.
mixed, 47d47hc.
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1911-11-14
Cotton I'm Galveston.

GALVESTON Tex, Nov. Ia
Tone steady; middling SIS; net and
gross receipts 1890; sales loss;
stock 266,44s; Great Britain i1.766;
continent 1895; coastwise 2.511.
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1911-11-14

CHICAGO. Nov. 1s.--Cattle receipts
$4,000: strong; beeves 1850 9.20;
Texas steers 4.OOa5.so; western
steers s.25a 7.2e; stockers 5000 5.7o;
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1911-11-14

s5.9OQ6.55; pigs. s4OOQ5.sO.
sheep-Receipts. 1000. Market 10
to rs cents higher. active. Lambs.
s425 800: yearlings. 1915 94.75:
wethers. s3.25q4 400; ewes. $4,000
$50; stockers, s2.00d3.75.
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1911-11-14
New York Spots.

NEW YORK. Nov. 13.-Cotton-
Spot closed duh. Middling uplands
$3.50; middling gulf. 1915. No sales
Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1911-11-14
New orleans Cotton Table.

NEW ORLEANS. Nov. 1S.-Cotton:
Open High Low Close.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-04
EUREKA HILL MINE
HAS GREAT RECORD
Small Group of Tintic About
Ready to Draw Curtain
Over Career.

One who is we'll familiar witt, the hts
tory Of Tintic and her great mines does
not believe that the closing down of
Eureka HIN operations WIN mark the
hnal chapter OF this mines usefulness.
Arrangements are being made, a. IL un-
derstood. TO lot various leases which
should be a source of some revenue to
the organization for some time TO come,
but II Will surprise practically everyone
II anything big In the way os ore bodies
will be found In the mine henceforth.
The mine has been steady producer OF
ore for. forty one years. and the gross
value OF It's ore production Is between
sls 100000 and. sia.ooo.ooo Tho property
been done work to the extent OF II miles,
or one mile az underground workings for
each acre. and practically 100000 ore
production per acre.
pany were confined TO the surface, every
one evidently being OF the opinion That
the ores did not go down. The ore bod :
les We're Of the lenticular variety that
promised very little at depth. But after
four or iive years OF eophering about up
per levels depth was sought, and the Sc
There was about one acre within this
company's lines which held barren quartz
as far as the surface was concerned.
quartz that was badly leached. Below.
in this space ore bodies were found in
such generous quantities and richness
that IT was no small problem for the
smelters TO handle the train loads OF ore
hurried TO market The main ores are
proximately 100 feet, entering ncighbor-
Ing ground, and effort was continued to
the 1900 level in the search Of new
bodies,
The Eureka Hill always has been a
close corporation, and little If anything
was ever heard about II as the years
rolled along and dividends were paid but
never announced. While The average
IN 10 n
years end to another the mine Will,
nevertheless, be missed among the wealth
producers OF the state, and the only
thing one can do aside from waving the
last thanks 10 the old company Is To hope
that the lessers will f1nd little cream
LEFT N their skimming process.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-04
CENTURY MINE HAS
MUCH ORE BLOCKED
Visitor to Old Property Is Inn
pressed by the Showing
Under Ground.

Few people realize II, but q Utah
property holding one Of the largest blocks
Of developed ore tonnage Of the state is
the Century" was the somewhat uneX-
pected statement made Tuesday by a
minlng man who had the privilege re-
Gently 81 making an underground inspec-
ZION OF the Century property.
Various estimates have been made OF
this tonnage he added some believing
that there are 100000 tons OF II now
blocked. while his own estimate gives
the property AT least 100000 tons. each
ton OF which will range from 81 TO So
per ton, the value being gold
The formation Of the Century prop
crty Is practically identical with Butte,
said this engineer. and the experience
of Butte Is bcinG repeated in this seldom
mentioned Utah property, for with the
depth now being gained there is being
found some good grade and permanent
looking copper orc, The power question
Is the principal Item obstructing the
proper development and realization az
these resources. Coal costs Sl4 per ton
delivered there. and II is thought that
power limo will he sent I'm some OF
these days TO solve the problem
During the past summer the company
has had a few men slulctne out some of
the mill tallinss. and $2560 was recov-
erod. II Is understoo that modern hy-
draulic equipment is being contempla ted
for if a few men with crude tools can
clean up s2500 with n little work. mod
ern appliances should make the han
ding Of the taillngs remuncrative busi-
ness for the company. The property
holds n lS-stamp mill"
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-04
FORENOON SALES.

FORENOON SALES
Beck Tupnel. 1000 al 15c
Gold Chain. l60 at nc: 2oO at 7sc; ION
al I9c 200 al SOC
Grand Central 20o al sl.in. ion at s1.o73,
Prince CONSOLIDATED. zoo at Sic.
RoXal. 20nd at 93c.
Silver King Coalition. 2n0 at $ol0.
Sioux Consolidated. 50n at 17c
South Iron Blossom 600 at lc
Utah Consolida cd 1000 at 3lc
Victoria Consolidated 500 at SIC
Shares sold. SS00.
Selling value. S222I.50.
OPEN BOARD.
Beck Tunnel. 1000 at 15sc. buyer sixty
DAYS
Cedar Talisman. 200 at BIC.
Colorado, lo00 at 3cc,
East Crown Point. 1000 al &c.
Iron Blossom. 1900 at S1.15
Seven Troughs, 900 at Sac
Utah Consolidated. 1000 at 3ic.
Victoria. roo al &C,
Shares sold. 1905
Selling value S5l9s,25.
AFTERNOON SALES.
Gold Chain, 1oo at SIC: 100 at S3c.
Iron Blossom 20o at s1.I5.
Mountain Lake. 500 AT &c,
Dpohonso, @0on al &c
Sioux Consolidated. 100 at leSc
Uncle Sam. ~ at 4oc.
Utah Con. 1000 AT 3ic.
Shares sold $3.50
Selling value. sa51.5o
OPEN BOARD,
Gold chain, 1no al ssc
Uncle Sam. 100 at 5sc.
Shares sold. 10.60a
Selling value. S1659.S6.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-04
COPPERS ARE QUIET
ON EASTERN BOARD

Paine. Wehber & Co. Boston-Tf pos
sible. the dulness increased today and
neither market showed any movement
The loca coppers were nuict with North
Butte the only one showing any volume
of business. This stock was notably
strong for most OF tho session. and closed
slight decline. Copper Range was
strong. 30 bid ali day with no stock IN
sight. We see nothing in sight 10 en-
courage speculation in the coppers except
they will gradually work to higher
level. due TO scattered investment buy
Ing and scarcity OF offerings
Logan e Bryan, New York-Thcre was
irreGu'arity Witnessed during the creator
part or today's session. During The first
half hour prices We're quite strong in
view OF assuring reports received from
abroad relative 10 The political situation.
but later liquidation ON large scale
appeared In ST. Paul Copper and steel
which served 10 unsette the general list
The advices relative TO the labor sifua-
ton were not alsrming-in fact IL was
said that many OF the men were dis
posed TO return 10 their positions. II
would seem that the urgent short cover
ing has about run its course. but still
tho Outstanding short interest is OF large
proportions, even after the recent retluc-
ton and, in View OF the fact that veal,
accounts have been pretty well eliminated
and The present range Of prices denotes
a shrinkage or considerable extent from
that prevailing some months ago we are
inclined to the opinion that many of
the adverse factors confronting tho situ-
alton have been in great part discounted.
and that The better policy 10 pursue is
10 buy the standard Issues on such down
turns as were witnessed today
Gallagher letter. New York-Tonopah
and Belmont and Inspratio were the
strong features today. there being good
support in both stocks and not much In
also lower. closing i06@ 500. last sale i0S
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-04
CONDITION OF THE 8
CHIEF CONSOIIDA,

President Walter Fitch ., ..
consolidated company has ~ nv
ditlons. inlne
Snelter settlement Of ,uo III.
sistinG Of $50 tons was sI6 sn- '',
dillon 10 this there are tbras ~ =
transit. one of which is hIkb srSs ~
tue beginning OF next week as
10 forward several cars.
lhe conditions underground A..
,oohIhS very promising. but all IN
nrlng won Is from lends and
sun expecting and hoplnv ,m
some ore body such as We have .sas ue
~ encountered from which we ms'
substantial gains for tho treas,.r,;
There is now gone forward =.
current month approximately abo,y
worth OF ore. go that it is reasnnss
expect good balance OF profIi ~
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-04
INDIAN QUEEN SENDS
IN ANOTHER CAR

.. a ffty,ton lot Of Nrst-class lead and
silver ore was sent from Milford on
Tuesday by the leascrs on the Indian
Queen property. The success Of this
lease has encouraged others owning
ground in the Preuss district Of Beaver
county to resume operations. and en-
coura gine word is coming from more than
one spot The Indian Queen leascrs eX-
pect TO ship at the rate OF $50 tons per
month Ten or twelve men are al work
and more will be added as room Is found
for them 10 work profitably.
William Leddingham Of Beaver coun-
ty. one of the best known operators of
that section, is in the city. and he has
gone through these lease workings and
is much Impressed with them \ ship
ment Of ore is coming during the month
from the s. A. Hendrickson property, also
from the Black Rock properties and
both should run well. judged from the
character or their past consignments TO
tho local market.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-04
BEARS NOT VERY
BRAVE JUST NOW
(over Badger Bros Private wire)

(Over Badger Bros Private WreD
NEW YORK.-in late afternoon the
stock market hardened a little. but II was
very dull and presented very few oppor-
tunitics for trading. Traders as a rule
were bnarish but some large commits
sion houses suspected trap and warned
their customers against taking short side
at present. United States Rubber con-
tinued strong and some light was thrown
upon it's strength in reports from I.ondon
Of a break in the crude rubber market
There was quite little favorable com
menl on the New York Central statement
published on Monday which showed earn
inss for August at the rate OF about l3
per cent on the stock.-Swain.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-04
IFTlMIST IS THE
LATEST ADDITION

An eastern man stated Yesterday tha,
10 the optimist and pessimjst with whom
all are acquainted has been added an
other species 10 which is applied tho
name Of iftlmis,. The ftimist Is one out
come of the unfortunate brokerage con
dirionE In New York and Boston during
the past year. The iftImisi is one who
says; 'If I could FIND some ham I would
have some ham and eggs II I could find
some eCRs too
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-04
Mining Notes,

The May Day is reported 10 be look
lns especially good on the 1000 at pres
ent.
Tony Jacobson. president of tho Alta
Consolidated company. has returned from
a visit to New York
President Hastings OF lhc Utah Apcx
company is at Bingham making an eX-
animation Of mine conditions
H. x; Low. an engineer of the Amer
lean Zinc. Lead and Smelling company,
rs IN salt Lake. Mr- Low installed the
new Huff Eientroststic zinc separatinc
plant at Cananea. and ne is now pre-
parins 10 install similar plant in San
Juan. Colo. He is inspecting the Huff
plant at Mi6vale. which is part OF the
United States Smelling, Refining and
Mining equipment, and he reports the
Midvalc plant doing splendid service
Tribune Want Ads.
Bell Main 300. Independent $50
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-04
COLUMBUS EX. IS7
FAVORlTE AGAIN

Price stifrening seems 10 be the order
OF the day or exchange, and II is OF more
than usual Importance 10 note that the
Columbus Extension. the old open board
'ayorte. le gaining strength right along
with some heavy supporting orders. The
TinticS arc holding very we'll.
Sales Tuesday reached the total OF 3S
fSi shares OF stock the market value Of
which was SS.33i.60. The following were
the closing unlisted and listed stock
transactions.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-04

In the mana gers report the a hovc dis
burscmcnts are segregated In detail
After paying the overdraft and current
bills there will he In the treasury ap-
proXimatcly $500 II the balance OF the
assessment Is paid.
Ing 632,?t2 shares OF the capital stock of
the corporation In person. and IS2152
shares by proxy. which were unanimously
voted in the election OF the old board of
directors, consisting Of Jesse knight. Ell
mer r. Jones, w. Lester Mangum. !
William Knight, NJ. II. Walker. r. IT Al
len: George r. Odell. Amanda NJ. Knight
and It. +. Swindlcr.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-04
WlLBERT MILL IS "A
BEING ASSEMBi

The F, c. Richmond MACHINERY
pany, IN which was lie, the conirs,
the mill of the Wnbert Mines ro1,
states that early next week ,he n,
OF machinery will leave Salt I.sS,
tho. sltc in Idaho. the balance Ia
within thirty days thereafter The'
as ordered is A complete l5o~ton mll
Guiding Corlis engine. boilers. Har
fine-crushing equipment. e.c.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-04
MORE SHARES IN
THE COLUMBUS EX.

AZ the special stockholders' meeting
OF the Columbus Extension company, the
number OF shares was Increased from
100000 10 500 ono and the par value de :
creased from 81 TO 81 n share. This gives
capitalization. therefore. of $500, 400 in
stead OF sl,5oo.oo0 as was the case for
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-04
Tailings.
Average
Ore v alues.

Adding the amount lost in the tailng 10
the amount extracted, We find that the
average value OF all the material treated
during the year was s3.21. These figures
are not comparable with similar results In
tonnage included II per cent OF old failing
that we re-trcatcd and this low grade
material of course made tho general av
erage less than II would have been IL we
had been running on mIMo ore alone
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-04

Tho preceding financial statement shows
was $3.50. .6s5,7o. Dividing this amount by
239,19o tons treated shows recovery OF
s2S2 per ton. This Is the average eX-
traction from ore aud falling II is impos
sihle 10 give separate figures on the two
classes OF material because the falling
was mixed with the oxidized orc and the
mixture was treated as a single product.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-04
San Francisco Oil Stocks

James 4. Pollock &; Co. bankers and
brokers, furnish the following. received
over thatr private wire yesterday after
noon:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-04
Ore and Bullion,

The ore and bullion report for Tues
day, given by Mccormick & Co. was
as follows; Ore received. 10000: bullion
shipped. $50 900: total, 100000.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-04
New York Mining StockF.'

James A. Pollock e. Co. bsussrz
brokers. furnish the following, ~
over their private wire Yesterday
noon:
NEW YORK CURE RANGE
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-04
Metal Market.

posted by Mccormick &: Co. were a.
follows: Silver. 52lc: lead. $3.50; copper
SIl a5
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-04
Ore Shipments.

Tho Utah Ore Samplng company on
TUESDAY re'eaEcd four cars OF ore from
Utah camps.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-04
s5oS, ,0S4 IS or S2.33 pcr ton
Total

Putting the old failing into The mill for
re e-trcatment was a good deal OF an en-
pertinent during the first five months that
II was done. and as the material was
handled by the mine organization the
expenses were simply treated as part OF
the mining costs during that period,
When the tonnage OF failing was in
creased In March we began 10 treat the
dumps separate department. and
kept accurate account OF the costs.
Tho following Is a segregation during
the last four months Of the year:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-04
Nevadas in San Francisco.

James g. 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, 1911-10-04
New York Curb Clcse,

James A. Pollock & Co, Banker
brokers. furnish the following, fec
over their private wire YESTERDAY
noon:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-04

meeIing with It's final reward. And he
wishes 20 poirt to the fact that all work
thus far done your property has been
chargeabe to straight development ard
has been done at great aveTag &c deptll
and All top expense has neccssa rly been
included in footasc cost.
The following statement of cXpcndi-
lures With footaGe table is submitted with
the hove nYnla ton
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-04
REPORT Of CON.
MERCUR IS OUT
Famous Gold Producer of
Utah Near the Closing
Down Point,
is HISTORIC PROPERTY
Development Work Is Not
Bringing Much New Ore
to View.
is HISTORIC PROPERTY

The annual report Of the Consolidated
Mercur Gold Mines company for the past
fiscal season Is being forwarded to share
holders. The fact that this old dividend
paying gold producer Of Utah Is operat-
ing On ore OF extremely low grade
makes this one of the most interesting
propositions Of It's kind in the world j.
calling attention To conditions President
John Dern says in part
From the fact that the wears work
resulted In net gain of only a few hum
dred dollars, it must he apparent thai,
our operations arc on a very prccarious
basis This situation has been fore
shadowed in our last two annual reports,
and has been steadily growing more acute.
During the year just closed the most
strenuous efforts barely saved lis from
twelve months actually resulted In de-
ficfs, while in the other six there was
profit enough TO recover the loss.
II is obvious that under these desper-
ate conditions we cannot hope 10 keep
going Very long, and the. continuation OF
our active operations for more than
limited period is contingent upon more
favorable developments in the mines. I'm
fortunately Our prospecting during the
phst year has given little or no cause
for encouragement. and II is matter
words OF reinsurance at this Time. The
candid fact is that We arc cleaning uD
the mines. and II is question how long
we can continue TO make expenses Az
soon as il becomes evident that opera
lions Will no longer pay expenses, IL is
obvious that the interests of the stock
holders will be hesi conserved by shut.
ling down. Meanwhile VIC have not abhn-
doned prospecting. and there always re-
main possible developments that Will pro-
long the life of the mines.
I have felt tha, this plain statement
is due our stockholders, so that they
may not labor under any misapprchen-
sion OF the prospects as they now ap-
pear.
Splendid Record.
The Mercur mine passed its twenty
Gold Mining & Milling company having
been Incorporated juno {. 1890, Since
then that mine. together with the Gold
en- Gate and the erickyard properties,
which became affiliated with il when
our present company was organized in
1900, has had splendid and interesting
history. Aside from the heavy produc
lion OF gold. these properties have given
birth 10 some OF the most important de-
relopments in the cyanide process. Ii Is
n record In which stockholders NAV take
4 iust pride, and II is painful 10 con-
template the probability Of having tn
write the finish. However. all mines
must have end, and the Mcrcur prop
critics cannot hope 10 be an exception.
little more than a year ago the
board of directors decided that it would
be good policy TO try 10 acquire an
other mine. II suitable one could be
found. so that the company might he
iaustion Of the mines at Mcrcur. Pur-
suant 10 this idea We have investigated
number of properties during the year.
but so far we have failed 20 find one
The financial statement follows:
Financial Statement
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-10-04

On the basis OF direct operations. there
fore. IL cost lis more to produce the gold
than we got for Il The small net gain
for the year was due to receipts from
sources other than the sale Of gold. How
ever. inasmuch as all these miscellaneous
receipts arc directly dependent upon our
operations and would cease as soon as
we discontinued work, il Is a mistake TO
conclude that the mines were operated al
a loss and consumed revenue derived
from other SniIrceS of Inrnmn.