davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-17
MINING COMPANY A
GOOD RANCHER. TOO
Bullion Coalition Is Putting
Larger Area of Ground
in Cultivation.

When a mining companys operations
are interfered with by water IL is only
fair that tho water be made 10 compen-
safe in some manner for the inconven-
iencc 10 which the management is sub
jected. In many instances the water Is
made TO more than balance the extra cost
incident to Its disposition and some of the
uses To which the water is pnt arc long
distance from mining, a case illustrating
this being the Bullion Coalition company
of the Stockton district of This state.
The old Honerinc drain tunnel extends
into the heart OF this property, and the
flow OF water is very large Spread out
before the portal is vast valley that
needs nothing but this water to make IL
garden. and the Bullion company Is
the owner OF 1850 acres Of this valley,
much OF which is under cultivation and
the cultivated area Is being widcned an
nually, During the past season the com
pany had thlrty-fve acres in potatoes,
siXty-tive acres in alfalfa, and 100 acres
in apples trees. and fifty more acres OF
orchard are being set out at the present
time.
But while giving some attention TO
farming. the company Is not overlooking
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-17
WHY COPPER F|R|N| |
IN ASKING PA
Domestic Producers Irwin
Discourage Anything n
Further Boom.
STOCKS ARE LlMI1
Plenty Chances to Dispos
Metal if Prices Wen
Slightly Shaded. 4

Eastern copper circles ,or
two past have been discussinr !,
teresting condition now preva,,r,
consumer needing and desjror.
duirlug the metal to build nm l,
pletcd stocks. the producer hav,rr
metal for sale but not below ~
pound. One authority asserts ~
tie metal sold during the past vs.
that several millions OF pounds
have passed hands had the large,
cies been willing TO shade tha,r
price a fraction OF a cent. ~
that the prospective purchnssrs
Wiling TO pay ia or ia cents
the producer was unwilling To A.
Some may construe this action
part OF the producer az incon,
inasmuch as his contention for ,
has been that the red metal nyine
higher than they should he an
they were in hopes OF preyerf5, NH
situation getting away from them
by sending copper TO even
ranges. IT would appear "a n IN
luytance TO shade their present
price were exactly in line viii,
contention. however
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-17
Seventh Level Ore.

The latest In Iron Blossom. forgetting
for one moment the fine showinss in the
slopes, is the encountering OF the vein on
the 700 level at the No. l shaft. IT is
with great pride that the shareholders
OF Iron Blossom look upon their Idol as a
past and future producer, While the
company Is not shipping today more than
half its former production. II is In IL
much better position. from an ore stand
point, to ship heavier than ever before.
This is owing to the way the Slopes are
charging in size and the good returns
which are being realized from the develop
ment work Which is now going on. The
reserving Of the lower grade ore Is an
economical policy which the company has
adopted which will bring to the share
holders much more In return for the same
class OF ore than could be gotten from the
present market. The encountering OF the
vein on tho 700 leven ls sufficient cause
for the advance OF the stock, which has
occurred during the past few days,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-17
EAGLE & BLUE BELL
PLEASES OFFICIALS
Directors Graves and Sweet
Close Week Of Visiting
Their Properties.

great deal has been said and written
during the past few months about the
Eagle e. Blue Bell property OF Tintio,
whose present situation is q eplendid one
from the standpoint OF ore reserves and
shipments, and that he found the actual
conditions AZ the mine entirely satisfac-
tory and in keeping with the many re-
ports forwarded the eastern headquarters
Of the organization, was the statement
made on Saturday to The Tribune by J,
T.; Graves. president OF the Bingham
Mines company.
The control OF tho Eagle & Blue Bell
Is held by the Bingham Mines company,
and Mr.. Graves and Director Henry y.
in close touch with mine conditions.
These gentlemen have been IN Salt Lake
for tho past week. leaving late yester-
day for their Boston headquarters.
Mr. Graves stated that the Eagle &
Blue Bell management had opened a
splendid showing of ore on what Is known
been found by drifting out on the 1850
foot level. although the two levels are
1i6 feet apart instead OF hfty feet, as
one might Infer from their names. Ship
Gus rate, he added, and when asked re-
garding dividends he replied that the
company liz now in its first real satisfac-
tory position to acquire Il substantial
working capital, and that when this is OBJ
tained The officials then would take up
the matter OF dividends as q matter OF
course
At Bingham the Bingham Mines COM
pany Is operating about fifty men on the
Dalton & Lark property. the company be-
Ing fortunate In securing many OF Its old
employees back following tho strike al
the camp and small force OF men has
been put to work on the Commercial mine
where opera tlons will be Increased stead
lily from now on.
Mr.. Graves expressed complete salts
faction with the affairs OF the Bingham
Mines company.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-17
BULL MARKET HOLDS
ON LOCAL EXCHANGE

one is almost tempted TO call the
movement on the exchange a bull mar
ket. so Improved are conditions and so
optimistic are the brokers' who have
been weathering one of the most severe
periods In the history of the institution.
Yesterday WAS the best day in two years
or more practically all the feature
stocks like May Day, Alta Consolidated.
Silver King Coalition, Daly-Judge.
Thompson Quincy, Colorado and Iron
Blossom being in demand at enhanced
ranges.
sales for the day totaled 24,5Go shares
or stock the market value OF which was
s52l7, bringing the weeks totals TO 21G,-
$50 shares market value being SS4, ,976. 10.
The following were the closing trans
actions:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-17
COLDFlELD BEL MONT
IS SHIPPING ORE
Special TO The Tribune.


GOLDFIELD, New. Nov lG.-A Ship
ment of ore that will average, from
mine sampllng. about $40 per ton viii
be sent out within Il few days from the
Nernal property, adjoining the Goldiield
Belmont and in the Damondfield part of
the district This company is now con-
troled and the present work Is being
financed by wealthy Philadelphia iron
and steel men, who are prominent stock
holders in some Of the leading Tonopah
mining enterprises.
In order 10 work the southern part of
ITS ground 10 better advantage the Ner-
nal company some time ago secured a
lease on a portion OF The Goldfeld Bel
mont territory. adjoining It's ground on
the south and having shaft 1000 feet
deep. from which the Vernal company
first started its present development
work. This work has consisted OF drjv-
Ing from the old shaft on the Belmont.
following the main Belmont vein on the
100 foot level and connecting with the
main or No shaft. which was sunk TO
depth Of 200 feet.
The ore that is now being mined for
shipment comes from the old fitty- foot
Level and from the raise that has been
driven from the 100 foot level To connect
with the ore shoot. The 2O0-Cout drift
is being driven south from the main
shaft and will soon reach the part or
the vein in which the ore has been found
above. AT one point on this level it Is
apparent that two separate and dstlnct
veins have been exposed and both Of
these viii be prospccted as some eH-
celent assays Were obtained near tn.
point where the two appear To join
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-17
IRON BLOSSOM ORE
FOR YEARS To COME
Present Condition Of Noted
Mine Is Given Timely
Description.

For the past two wears all students of
Iron Blossom have been thoroughly famil-
lar with the gold" stope, located south
OF the No. ] shaft In the main channe
OF the Iron Blossom. This stope has pro-
duced the bulk of the good ore which
was frst discovered on the 5o0-foot Level
where il showed excellent values In gold
from which It's name comes This stope
has been mined for a couple Of hundred
feet In length, and In the extraction OF
ore has raised more than 1870 feet, where
the present excellent find has been made
Tho vein here. where the good lead silver
was about ten feet In width. but has
now Widened out to approximately twenty
feet. and is still Widening out says Eu-
rekp ReDOrter
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-17
Hold Price in Check.

To is stated by those in a uodt
ascertain facts that the shadir
prices al the present time mich
courage Il prccIpitIous demand I;
metal. thereby Cccasionlng A SON
unw!se bidding, for there are ve7
who look for any pronounced re<
in copper prices In the immedla
ture. Practically everyone expec
range to be high indefinitely. q
shade off the available supply's
value would stimulate those who'
on the surface a pessimlstlc attiti
the metal situation 20 pick up a
the metal at bargain rates.
To hold the metal at III cent
Gates that the producer Is not
loaded with copper and is not a
TO part with much OF the small 4
available. and IL his position cal
the consumer In check he viii 1
plish the purpose of preventing
away market. II should not be
ten that the strike at Bingham a
Will be felt by the first OF the y
the production columns, and the
able stocks Of unsold metal ar
tirely too limited to encourage too
4 sale now. I'D
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-17

penditures over receipts on account OF
the company's farm, for the season OF
1911 The net loss is entered as an item
OF expense.
Fairfield Lot-The company owned q
lot in the village OF Fairfield. Utah, and
sold IL during the year for $3.50. The
amount was credited to property account
Stores Depreciation-In our stores ac-
count, or supplies on hand, we have for
years been carrying numerous pieces of
machinery. spare parts. and other arti-
cies at cost price The present reanzable
value OF these articles is less than their
authorized a depreciation charge OF
SG6l9.l7. so as 70 put the stores balance
substantially upon q basis OF actual
value.
Manning Leasing Company stock-The
Manning Leasing company having gone
out of business, with no assets remain
ing. our stock in that corporation became
yalueless. and was therefore written off.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-17

1t will be OF interest in this connec-
dion 90 learn that the various states of
the Union in 1911 handled 25.632.5S5 tons
of concentrating copper ore averaging
1,94 per cent. from which 6S7,560, ,906
pounds Of copper were rescued in the
form of concentrates. OF this total, the
state OF Utah handled 5.4S0,370 tons OF
ore, producing 22S,5S3 tons OF concen-
trates. from which 106.T4,2l1 pounds of
copper We're wrung. Michigan handled
the greatest tonnage OF concentrating
ore. 1O.9S7, S27 tons. while Utah stood sec
ond.
OF smelling copper ore. the mines OF
the United states produced 4.355. $50 tons,
the percentage OF copper from the ore
being ,4.66, and a total of 407, $40, l 19S
pounds OF the metal came from this
source. Utah In 1911 produced 640 729
tons of smelling copper ore, averaging
255 per cent, from which 32.637, $50
pounds OF metal were secnred
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-17
Prospects for Future.

Prospecting for new ore was continued
with uuabated vigor throughout the year
We did a total of 1867 feet Of dead work
at a cost OF sl7497.70. Some new ore
was found, which served 10 prolong Tho
life Of the mines q number of months
but we made no really important dlscov-
cries. aud at this time our ore reserves
are seriously depleted. Unless we fnt
something new, the duration OF our op-
erations is now matter OF only a few
months.
y number OF properties have been ex
amined during the year In the effort Il
find new mine at which the company.
present equipment might be utilized. bu
none OF them came UP to our require
ments.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-17
How Utah Stands.

In regard to the Utah copper produc-
ton. the report says.
The first record OF production from
Utah is for 1872. The state did not be-
come an important copper producer.
however. until late in the ninetes, since
which time the growth OF the industry
has been steady and rapid. The total
recorded output from the state To the
close Of 1911 has been 797.O44,7SS pounds.
states since 1S45. In 1911 Utah produced
1897 per cent OF the output, In total
output and in the production for 1910. 1t
ranks fourth among the copper producing
states" F"
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-17
Position of Producer.

The producer occupies a very 1
position He knows the world
his copper. ana that the world vi
him his price for It, the only d
on the horizon being the possibil
the consumer crowdIng In to pu'
thereby pushing up the price TO {
ranges. Everyone knows that the
age price OF copper In many yea
been around Is cents pound,
doubtless will be the same In
years 10 come. IT Is the averag'
counts after all, but an average
struck excessively high ranges and
sequent starvation ranges is
avoided, The adjustments the pr
Is forced to make In meeting the
tremes are disastrous, this being
already in tho demands OF employ
higher wages with the advance u
per prices and the expectations OF
holders In the matter OF highsr
dends.
The company VINO bases It's wa
dividend scales on 1Is-cent COP
borrowing trouble. for. as stated.
the average that counts
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-17
TOLEDO GROUP TO
BE ACTIVELY OPENED

A leasing company has been formed TO
operate in Alta. Smith Graham who dur
ing the past season has been carrying on
work at the property of the Toledo Mines
company, under contract, has secured q
lease on the property Of that company.
and together with his associates. who are
all local men, is TO start work at once
In tunnel No. ! on the property which is
within his lease
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-17

II your husband cross1 An irritable.
fault finding disposition is often due
70 a disordered stomach. A man with
good digestion is nearly ALWAYS good
natured. A great many have been per.
mapently cured Of stomach trouble by
taking Chamberlain s Tablets. For sale
by all dealers. (Advertisement
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-17

MORNING SALES
Bingham Amalgamated. 1000 at 6ic
Colorado. 800 at lSic
DalyJudge, 60 at Sc 10
at l9c; T0O0 at l9sC
New York. 1000 at lc.
silver King Coalition, 100 at So 20: 100
Swansea Consolidated 1000 az 2sc. sooo
at Sc
Wibert. 1000 at ggc.
OPEN BOARD
Colorado. 200 at Igc. buyer sixty da,.s
Iron Blossom 200 at 81 g9I: $50 al 81 y.
swansea. 1000 at Sc; 1000 at 3sc; 1000
at 2!c.
MAY Day, 300 AT lac: ~ at 1910.
TOTALS
Regular IS. go shares FOR s3SgS
open. $500 shares for SlSI9
Total, 2i,5o0 shares for SELL
WEEK s TOTALS
2lG.9I9 shares for :Gf9T6I5.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-17
PAST YEAR COPPER
FIGURES ISSUED
United States Output Valued
at Over One Hundred
Million Dollars.
UTAH HIGH IN LIST
Concentrating and Smelling
Ore Handled by Millions
of Tons.

The report OF the United states geo
logical survey by q. S. Butler for 1911,
covering the copper production OF the
country. has been received. and stu
dents OF the red metal situation Will fnd
this to present complete details so well
come to the statistcian The following
comparative tables for 1910 and 1911 are
a part OF this report
Summary OF statistics OF the copper
industry in the United States in 1910
and 1911:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-17
ates In 1910 and 1911 (smelter output,

the principal Item OF mining, and 1000
tons OF first class silver and lead ore are
being sent TO the smclters with each
month, About one-half this tonnage is
the result OF leasing operations. the other
half being company production.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-17
Ore and Bullion.

The ore and bullion report for Satur-
dag, given by Mccormick & Co.. was
as follows: ore received, $780, 900: bull
lion shipped. $50 ,000; total, $50 600.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-17
Metal Market.

The metal quotations FOR Saturday
posted by Mccormick & Co. were "A,
follows: silver. 622c, lead, sh.75; copper
Sl7.nL.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-17
Assets.
Exlanatory,

Some of the entries on the foregoing
financial statement will be better under
stood II few words OF explanat ton are
added.
failing Dumps-This item OF operating
expenses represents the cost OF putting
old failing Into the mill for re-treatment
but does not include the cost OF milling.
More extended reference 10 this depart
ment is made under Results OF Opera
tious."
Farm Loss-This is the excess OF ex-
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-17
Ore Shipments.

The Utah ore Samphns c2",y1' nre
Saturday released I'VE cars ~ ,wo
Ttah. live from Nevada ana 80
Colorado camps.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-17
New York Mining Stocks.

James A Pollock G. 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, 1912-11-17
Boston Mining Stocks.

James A. Pollock & Co. bankers and
brokers, furnish the following received
over their private wire yesterday after
noon:
BOSTON. r,DPprp pANcr
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-17

Nevadas In San Francisco.
James A. Pollock &c Co. bankez
brokers, furnish the following. re
over their private wire yesterday
moon.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-17
Financial Statement.

Gross value OF gold produced. sf9i 1873 65
Receipts from other sources:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-17

Statement of assets a lad liabilities, June
30 1912. exclusive OF real estate. plant.
construction accounts and supplies in
use:
The Barre daily times. (Barre, Vt.) 1897-1959, 1912-01-17
HASTEN THE WORK.

We had thought that the movement
engineered by the state board of health
to have outside doors on public build,
ings swing outward and to have salts
factory fire-eseapes placed on the higher
buildings was carried out to completion
on the structures already built and that
the precaution was insisted on when new
structures were erected. But we note
that several property owners in the
town of Enosburg have just been warned
that the regulations must be lived mp
to, which is an indication that the work
is still uncompleted, Such being the
case, the state board of health should
take immediate steps to force adherence
to the regulations, in Enosburg or in any
other town or city in the state, whore
property owners are delaying. The
weather conditions of the last few weeks
have been sufficient to serve as warn
ing of what might happen in certain con-
tingencies Vermont cannot allow he,
reputation for carefulness in this respect
tc be blotted by some miserable catas-
trophe to human life.
The Barre daily times. (Barre, Vt.) 1897-1959, 1912-01-17
BEING A CITY.

Bratteboro is to be congratulated on
the 100000 building operations done
there during the past year. Few towns
of 5000 people can show as much ma
terial development as that. BY the way,
BrattIeboro might well take its place as
the seventh organized city in Vermont
Barre Times.
Then tell us honestly what you believe
to be the principal advantages of such
change Reformer.
There is much to be said on both sides
of this question of changing corporate
form from town to city, or from village
to city; and the arguments perhaps are
so nearly even in the case of com
munity of the size of Brattleboro that
the one might offset the other. If Brat
tleboro wished to retain the entire ter
iritory and people of the present town
of Brattleboro in a proposed municipal
ity, the scheme would be impracticable
and, therefore, unreasonable; but if
Brattleboro village alone should incor-
porate as a city it might find a much
IlOTe Nitiuy Aoiui VI SONtIHLuthb, IlOIS
susceptible to prompt service because
the officials would be answerable to one
central body like a city council, which
meets more frequently than does the
usual board of celectmen and which, too,
exerts more authority. Moreover, the
city form of government gives the vari-
Gus details of municipal administration
into the hands of committees partieu-
larly appointed for the specified work.
There is generally less lax rein on the
various departments because of the more
frequent reports of officials, instead OF
in the annual reports of village officers;
and the bills payable go through a
finance committee once a month for APP
proval before the money is paid by the
city treasurer Then, too. the public |
of the average Vermont city is kept in
closer touch with the affairs of their
The Barre daily times. (Barre, Vt.) 1897-1959, 1912-01-17

servants through weekly meetings OF the
council or board of aldermen, which are
reported in considerable detail, so that
if there is any virtue in publicity, the
city ought to be the gamer, although it
is admitted that graft can, and docs,
creep into the administration of the
larger cities of the country.
Summed up, therefore, the advantages
of the city over the village administra-
ton lie chiefly in the compact organiza
ton Whether Brattleboro would be
enough Of gamer to change into the
municipal form Of government is for
Brattleboro people to decide; but If
Brattleboro receives that measure of
growth which it may rightly expect, the
change will have to be made sooner Of
later. 1t is probably the experience OF
all the other municipalities in Vermont,
some of which, too, are not as large as
Brattleboro, that they would not return
to the village corporation form 0! gov
eminent.
The Barre daily times. (Barre, Vt.) 1897-1959, 1912-01-17

The way they look at the possible
coming of the Grand Trunk railroad in
some parts of Massachusetts, is well
shown in the following paragraph from
the Worcester Telegram; Worcester
business men are practically unit for
The advent of the Grand Trunk system
into Worcester, and so expressed them
selves in numerous interviews with Tele-
gram reporters. They conceive in the
coming OF the great Grand TrunS system
new industrial growth for Worcester
and the development of the city, so that
IL will take even greater strides in the
industrial world than it has in the past
Gs years. They look upon i as one
Of the greatest opportunities Worcester
ever had