davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-11-09
NEVADA CON. COSTS
ARE STILL VERY LOW
Eastern Students Figure Costs
of Past Quarter Under
Seven Cents.

The omission for second time in the
quarterly reports of the Neyada Con-
solidated Copper company OF the aver
age cost Of production Is being comment
ed upon in the cast, but the criticism
generally Is favorable. OF which the fol-
lowing statement by Thompson. Towle &
Co is fair average:
From the data given In the Nevada
Consolidated report for the quarter ended
September 30, 1911, we are able TO COM
pute the approximate cost of copper pro-
duction over this period. Il figure which
is not given In tho statement and one
which is OF the greatest importance.
During the quarter just closed Nevada
Consolidated produced 1887 .097 pounds
OF copper. a figure which is approximate
ing quarters which indicates that Ne
vada Consolidated Is maintaining Its pro-
duction around 63,ooo,0 900 pounds OF cop
per per annnm. The total earnings, for
was written off for depreciation Sl30.9
leaving the net profts as ssio. .ai4
Assuming that earnings were based on
l2ic copper, a close approximation. and
allowing for depreciation. the cost OF
producing copper at Nevada Consolidated
for the quarter was approximately 6,s4c
per pound, which is an excellent rec
ord.
II is worthy of note that during this
quarter the grade OF ore treated was l.,
per cent copper which is the average
not 10 be lost sight OF, however that op-
erations arc confined, at present entire
iy TO steam shovel ores and no under. l-,
management OF Nevada Consolidated
feels confide ent that the cost over the
lifo OF the mine viii not exceed q per cent
per pound. This opinion. however, Is not
expressed by some engineers, who be-
licve that a 7Ac figure will be nearer the
true average.
Ono OF the most important features OF
Nevada Consolidated Is its low cost OF
production. this mine being not only the
lowest cost porphyry property, but one
of the lowest cost producers In the world,
It's life. however is not long as many
OF the other Porphyry mines, AZ ooo the nnS
tons would indicate r life OF roughly four
teen years. Nevada Consolidated has
some unprospected territory In which
there are possibilities, and II Is also tc
be presumed that the COMPANY Will take
over other property In the district witt
known ore reserves which Will increase
it's present life
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-11-09
COPPER DISTRICT Is
LOOMING ON HORIZON

Bringing news OF new copper camp
of Nevada that is not only sure 10 make
cood. but which is making good today
and with abundant splepdid specimens
With which 10 back up his news. r. +,
Raniran the discoNercr or the Mizpah
district Is In the city. His samples show
copper In almost any form, bit tnose
carving the native metal are especially
beautiful and convincing.
The Mlzpsh and Dolly warden dls,ricts
are practically one and the same, pelns
not far apart and both being on the
great nonzonitc belt. with ores idenu-
beit. The native copper orc comes from
Inc Victoria property OF Dolly Warden:
which Is the property OF l. koot @ and
associates OF Denver. This rich ore was
struck In shaft at n depth OF ninety
feet and II was entered for thirty leel
in dcpth without indicating any end OF
the ore A drift south on Tho ore Tor
fwentv-two feet still shows ore rontinu-
ing, the breast ASSAY vinG II per cent COP
ner' The entire thirty feet III the SHAFT
averaged 50 per cent. The owners arc
drifting south and west on the same ore
and the extent as a coseduence Is ne
ing increased daily.
on the north end OF the great belt sc-
cur the copper, gold and silver ores,
while on the south are the silver and
| lead ores Tho camp is only lNc rnlles
| from the Nevada Northern railrond ano
| thirty miles from the western IA
Mr.. Banisan predicts that this Will
make ono OF the great mining camps
what Is needed especially ar TINS tiine
| being capital, with churn drills. Tor oe'
yclODment
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-11-09
POLITICS ON WALL
STREET YESTERDAY

James a Pollock C Co. bankers and
brokers. furnish the following. received
over their private wire yesterday after
noon:
Paine, webber & Co., Boston-Demo-
cratic successes in various state cleo
tions gave the bear traders chance 10
vance in the past ten days caused a
large amount of short covering and
weakened the technical position Of the
market The local coppers were soft, due
were discouraged by the dullness, The
majority of stock sold was taken in
small lots by investors and the local po-
sition is much stronger. Market rallies
on bear news, and we believe In play
ing the long side and purchase OF stocks
on all such reactions as We had to-
day.
Logan &c Bryan, New Yorll-The stock
market experienced today the long eX
pected reaction and the various reports
were circulated relative TO the american
Tobacco plans, IT being said that the
same were likely To- be approved, but
that the changes from the plans as orig
inally fled would be such as 10 in great
ing In that direction for light and this
caused great part Of the selling. At
the present writing II has been officially
announced that the PLANS have been
approved with certain notifications. but
OF course II will be necessary 20 fully di-
Sest the changes which have been made.
and which have not as vet been rrn-
Iished. before taking firm stand on
either side of the market. The fact
remains, however. that one OF our larg-
est corporations is 10 be dissolved IN a
manner and along lines which doubtless
will at least preclude the possibility OF
confiscation.
or course, profits are likely to be
lessenod as a result Of increased operat-
ing costs incident TO several instead OF
one organization, but with mode by
which their course can he shaped it IS
not improbable that corporate interests
I'm general will see ht TO make such
changes as will place their organization
above and beyond constant molesta-
ton.
The position Of the stock market has
been somewhat improved by the decline.
and unless I'm the final analysis the
plans now being made public are a. Sc
we're disappointment We look for furthe T
betternent in the security market.
Gallagher. New YorlS-AmeTiCan To-
bacco an active feature today. Opening
sale was i33 The stock declined to 42d
and then advanced 10 i2c on inside buy
ing. The copper stocks in general were
firm and duh on moderae trading. Ray
Central and Nevada Hills Lost a frac-
ton, The Tonopahs were unchanged.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-11-09
RAPID PROGRESS At
TO0ELE LEAD PLANT
international Smelling Wastes
No Time With New Lead
Furnaces.

| TIL, folInu.inc eastern comment on the
International Smelling &; Refining com
many indicates the interest tho titan
nIsnts of this organization arc arouslnG
/ IN financial circles:
Excellent progress rs being made IN
tho construction OF the companys new
lead smelter at Tooelc. Utah, and the
MANAGEMENT is greatly pleased with the
fact that practically all OF the surface
excavation and foundation work is now
competed before the winter weather
sets in. -. n,.oJ
According TO report just received v
from the west foundations for Two OF tne
three lead furnaces have been hnlsheu,
and the work OF erecting the furnaces
will be begun at once, while Tor inc tnlIu
furnace grading is well advanced Moro
than 90 per cent OF the steel structure
has been received for the storage and
bedding bins The large nue has been
and the building for tho bag house
finished. In the power house, whicn mas
been extended To meet the requirements
OF the lead furnaces. the placing OF the
engines and blowers on their ioundauons
Is now in progress.
The FIRST work on the new lead plant
was not begun until June and judging
from the progress which has been made
two OF the furnaces should he operating
by the first Of the ycar and 500 tons
OF lead ore smelted daily We under
stand that the work has been done In a
very economical manner and the money
expended has gone n long way and the
management Is moro than pleased With
the construction as n whole.
The smelling OF lead ores by the In
tcrnatlonal company which up TO the
present time has been treating only cop
per- is apparently going TO become very
important feature OF the companys busi-
ness Contracts have already been signed
for the entire capacity OF this new plant.
Among the latest contracts 10 come In
arc one from Coeur d'Alene district.
Idaho, and another from a new district
In Utah. Lend ores have been arriving
at the smeltcr and Il large tonnage Is
now OH hand awaiting the blowing in OF
the furnaces.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-11-09
LESS COPPER NOW
IN HOME SURPLUS
October Results Were Great
Surprise to the World
of Red Metal.
SURPLUS IS DECREASED
Worlds Stocks the Smallest
Reported in Over Two
Years Time.
SURPLUS IS DECREASED

Copper circles were given genuine
surprise on Wednesday when tbe copper
Producers association released It's Oc,o-
Der statistics. Instead OF an increase oil
generous proportions To the doinesuc
surplus, Il decrease OF 5.S9i2lA POUNDS
was shown, leaving on hand November
a total of 1874 997,6I2 pounds at home
There was an increase In productlon.
domestic deliveries and exports durIns
rcachin- IFS, 255,4J2 hounds; domestic de-
iiveries were 6i ,o6S,6 pounds, and ex-
ports were 60,0S4 349 pounds, This re-
port certainly clears tho atmosphere
spIcndidly. the total deliveries during the
month being 1874, ,006 pounds, or con-
siderablv in excess of tho production.
The following arc the figures Tor me
first ten months OF 1911 and all OF l9l"'
In mounds
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-11-09
STEWART NOT VERY
FAR FROM ITS ORE

Caledonia and Stewart mines now are
nearing their ore bodies Al greatly added
depth. according TO reports from Ward
ncr. Ida, The former has begun raising,
which may be expected to encounter the
ore shoot in about month. The latter
should reach its vein and ore shoot carly
IN December. Tho Marsh mine. on Pine
creek. has completed the upraise from
lts new working tunnel 10 connect with
the old workings and soon will begin
drifting on the vein on the tunnel level,
The showing at this point Ia highly en-
couraging consisting Of II feet of fai!
grade milling ore.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-11-09
BUNKER HILL AND
SULLIVAN DIVIDEND
10 The Tribune.

SPOKANE. Wash, Nov. s.-Sunker
Hill & Sullivan Mining & Concentrating
company, operating In tho Occur d, Alenes
$40 $50 by the payment OF the l?Oih
dividend OF s65, 900 for November. EN-
perts who have examined the property re-
mort its ore resources are sufficient 10
maintain the present rate OF production
for five years without further develop
ment The mine has been continuously
operated since 1885,
Success Mining company paid n divi-
dend OF SIS. 900 for November. making
$50 900 paid so far this year. Another
dividend Of SIS, 900 will he paid this year.
II. T.. Samuels. chief owner and manager
of the mine, says the property Is In ex-
cellcnt condition. adding there Is orc to
last for years above the present working
tunnel.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-11-09
EARNINGS OF MANY
COPPER COMPANIES

The last Walker copper letter Is de-
voted largely to estimating the probable
earnings OF the prominent copper prop
critics. Mr.. Walker takes the estimated
annual production Of each company OH a
logical output. divides this by the CAPT
taliZation. giving the number OF pounds OF
copper per share each company win pro-
duce. He then ascertains the net price
10 be received for the copper by deduct
ing the cost from the sale price, giving
the annual earning capacity per annum
per share.
The following table is taken from his
more exhaustive arrangement 10 1T local
nccls.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-11-09
1910.

October 81 last the foreign visible cop
per stocks amounted to only l3S, 200
pounds. practically the identical figures
worlds visible stocks of the metal on the
first OF the month amounting to only
273.Ss4.3i2 pounds, or approximately two
months production. This foreign surplus
was the lowest since MAY, 1909. The
worlds stocks reached their highest
mark In history in June. 1910 when there
were 40I, ,oi0 067 pounds reported
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-11-09
DEEPEST ACTIVE SHAFT
AT QUINCY PROPERTY

What Is probably the deepest active
inclined shaft in the world il the No. I
OF the Quincy property Of Michigan. This
shaft is down $500 feet. and while this
working has about ouilived It's usefulness
II is estimated that the Quincy eventual :
" VIII be able 20 mine profitably 70 =
depth or I0no feet on other sections of
the mine. The Quincy is hoistins 400
tons Of ore daily from an average depth
~ one milo, vet it's cost Of copper prodic
ton does not exceed 10t cents per pound
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-11-09

For coughing. dryness and tickling in
the throat, hoarseness and all COUGHS
and colds, take Foley's Honey and Tar
Compound. Contains no opiates
Schramm-J ohnson Drugs. five stores
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-11-09
LITTLE BUSINESS ON
EXCHANGE WEDNESDAY

There was very little doing OF interest
yesterday on the local exchange. and
prices remained unchanged with ono or
two exceptions The sales reached a
total OF $3.50 shares OF stock, the market
value Of which was S69S9.
The following were the closing unlisted
and listed stock transactions,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-11-09
Ore and Bullion.

The ore and bullion report for wednes-
day. given by Mccormick & Co. was as
follows: Ore received. s5o,o00: bullion
shlpred. $50 900: total. sf10. 900.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-11-09
Metal Market.

The metal quotations for Wednesday.
posted 10y. Mccormick & Co. were as fol-
lows: Silver. j5c; lead, S...5; copper.
N2.lIs.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-11-09
FORENOON SALES.

Beck Tunnel. 500 at lsc; 1900 at 17ac.
Cedar -Talisman. 5000 at Sc.
Colorado. 900 at 27sc
Daly-JudGe. 80 al 1920.
Iron Blossom. 200 al 9Sc.
Lower Mammoth, $500 at &c.
May Day, 1000 at lie.
New York. 1000 at &c: 1000 at Sic;
1000 AT 6lc seller sixty days.
Ohio Copper, $50 at S1.2o.
Plutus. 1000 al SIC: 1000 At sac.
Sioux Con. 1900 At 12C.
Uncle Sam, 500 AT 27tc
Victoria Con. 100 at s9c.
Shares sold, % 500.
Selling value. s4145.
OPEN BOARD.
Indian Queen, 1000 at c!c.
New York. 2s0O at sac.
PittsburgIJaho. 100 at Soc.
Uncle Sam, 500 at 2sc
Utah Con. 1900 at 22c.
Lower Mammoth 500 at 2lc.
Opohongo. 100 az 2lc.
Shares sold. 5000.
Selling value. s465 30.
AFTERNOON SALES.
Carisa. 1000 at l5Ic.
Crown Point. 100 a, 5,c.
Grand Central. 100 at CSC: 100 at 9Tc.
Lower Mammoth. 200 AZ &c.
May Day. 200 at i1ic,
Nevada Hills. 100 at $3.50.
New York. 1000 AT SIC.
Uncle Sam, 500 at 27lc: 1000 at 27c
seller ten days.
N-tdl AOUr'll1dIFIs luVN az s1C.
Victoria Consolidated. 600 az sc.
Yankee Consolidated. 1000 at l5c
shares sold, 1900.
Selling value. SiI21.5o.
OPEN BOARD.
Crown Point 1000 al &c: 500 al SIC.
New York, 1000 at Sac.
Columbus Con, 1o00 AT Sac.
Beck Tunnel. 500 at liic
shares sold $3.50.
Selling value. 1859.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-11-09
Boston Mining Stocks.

James A. Pollock e 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, 1911-11-09

IF you want TO rent that furnished
room, use Tribune want ads Call either
phone. Bell 5000, Ind. $50.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-11-09
Nevadas in San Francisco.

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, 1911-11-09

The. estimated costs OF production IN
the above cases are as follows: Braden,
i.3c; Chino. 1.jc, Mason Valley. Sc:
Miami. SC: Nevada Consolidated sc: RAY
Consolidated, Soc: Utah Consolidated.
SC; Utah Copper. 1.15c
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-11-09
San Francisco Oil Stocks

brokers, furnished the following, received
over their private wire yesterday after
noon:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-11-09
DrS. Shores and Shores

TRUE MEDICAL SPECIALS .
Drs. A. ]. & G. w. Shores have spent
their lives in the study of Chronic. Ner-
vous and Private Diseases OF Men, Wo-
men and Children. They have treated
over 100, 900 cases in the past nineteen
years, an experience rarely ever granted
any specialists and have cleaned there
from information that is invaluable TO
sick people. They would not attempt 10
treat Scarlet Fever or Dlphtheris at any
price. not because they don't know how,
but because they have not given IT the
thought and constant study that other
doctors have. and. In short. II is not in
their line of speclalties. Every moment Is
given to studying CHRONIC. NERVOUS
and PRIVATE DISEASES. That is
where they excel and that Is where they
can serve you better than most anyone
else. Don't be permanent Invalid.
Consultation always free,
Drs. Shores know what causes Catsrrh.
They know how to cure II. They know
what causes Stomach Trouble. They
know how to CURE Il, instead Of merely
relieving II. They have studied the Liver.
the Kidneys, the Ears, the Throat, the
Lungs and Private Diseases. and they
know what 10 do for these troubles, and
are strictly reliable.
&S a month for all Catarrhal Chronic
Po Diseases. Medicines free,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-11-09

No tipping at Roysl Cafe. Always
something good to eat.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-11-09

New York Mining Stocks.
James a. Pollock & Co. bankers and
brokers. furnish the following received
over their private wire yesterday after
noon:
NEW YORK LISTED STOCKS
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1911-11-09
Ore Shipments.

The Utah Orc SamplinS company OF
Wednesday released three cars OF orc
from Utah. three cars from Idaho and
ono car from Nevada camps
Morris tribune., 1911-02-17
Matrinony.

Are you interested in this, the one
great question that is agitating the
minds Of the people in every walk of
life? 1t will be placed before you in
such way that you will be interested,
instructed, entertained and delighted.
This is not repetition of other come
dies but a good wholesome comedy of
everyday life. TIE story relates the
amusing trials and tribulations of a
married man who tries to find an an
swer to this problem, and in so doing
creates many amusing situations. 1t is
free from vulgarity and is highly en-
tertaining to married and unmarried
alike. See "Is Marriage a Failure"
at the armory Tuesday evening.
Morris tribune., 1911-02-17
Congregational Church.

Regular services next Sunday as
usual both morning and evening. AT
night the orchestra will play and there
will be over 40 slides of boy life in
America shown. We invited espe-
cially all the boys to be with US for
this service.
10 30 Morning service.
II Sunday School. Our lessons
are very interesting.
6:3O-Senior C. E., leaders, Ida
Berg and Helen Bicknell.
7:3O-Evening service, Subject
"What can we do for the Boy, ,
steroptican.
Rev. A. A. Secord will be with US
for two weeks beginning March 5th.
Begin now to plan for these meet
ings. A. R. Larson, Pastor.
Morris tribune., 1911-02-17
A GREAT PLAN.
Water transportation and
Power in Minnesota.

Whatever the stake of the cities in
the proper conservation and develop
ment of the states water-wealth,
through the construction of canals for
drainage. transportation and water
power the stake of the farmers is
larger yet. Cheap water transport
alton, which shall deliver the grain
and produce of the Red River Valley
and intervening regions at the Twin
Cities for one-fourth the cost of rail-
road freight, would alone add large
percentage to the value of every farm.
When to this is added the develop
ment on the same canals, of water
power sufficient, when electrically
transmitted, to operate trolley lines,
and manufacture and farm machinery
in good part of Minnesota, the farm
er's concern in the matter is double. c
The "Mershon waterway and water
power development scheme now be-
fore the legislature, promises all these
things. Its canals will stretch, twelve
feet deep. from the Lake of the
Woods to Traverse Lake; and from
Granite Falls, on the Minnesota,
twenty feet deep. to Lake Superior,
with a branch to the Twin Cities.
Another system connects Vermillion
Lake, via Red Lake. with the first
named canal. The amount of power
to be secured in connection with these
canals is variously estimated at from
100000 to 1000, ZOO horsepower.
This estimate is "backed' by several
of the most famous engineers in the
country. Large areas of swamps
weuld also be drained by the
canals. and floods prevented. And
the enticing thing about the project
is the claim that the rentals of the
waterpower will, in very few years
pay the entire cost of all the works
so that the state will then possess the
whole systen,. yielding great annual
revenue, without the permanent in
vestment of dollar. What is asked
of the Legislature. by the projectors,
at present, is that the scheme shall
be investigated by an engineering
commission, to determine on it's feasi-
bility and its commercial value if car
ried out. A bill appropriating $40, 900
for such investigation introduced by
Representative L. C. Spooner. of
Morris, is now pending. &C. R.
Barns, University Farm.
Morris tribune., 1911-02-17

The county commissioners held a
special meeting yesterday to act on
the proposition of Mike Satzer offer
ing to purchase the poor farm for
SIG, 900. No other bids were made
and the offer was accepted and the
deal closed up. Several other mat
ters growing out of the sale were dis
cussed. 1t was decided to hold a pub
lie auction of the stock on the farm.
The commissioners also discussed
several matters in reference to pro-
posed legislation which were referred
to them by Representative Spooner.
especially the county assessor ques-
tion, the basis of assessment and the
bill giving the board authority to levy
a tax for a fund to be used for adver-
tising purposes.