davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-24
EAST INTERESTED IN .
UTAH COAL GROWTH
Extended Comment Seen
About United States Com
pany and Its Activities.

The interest that the east is display
ing in the coal mining enterprise of the
United States Smelling, Refining &. Min
ing company may be gathered from tho
follow excerpt from the Wall Street Jour-
nal Of August 20;
Directors OF United States Smelling who
have within the last few weeks exam
ined the company's Utah coal lands speak
with great optimism Of The outlook for
earnings in this direction within a rea-
soma BILE length OF time.
1t will at the outside be but two years
from date before the Utah company, the
coal subsidiary holding title to- these 12,-
600 acres OF coal lands, finishes the con-
struction Of It's eighty milo road to con-
meet with Union Pacific and give II an
addition outlet for Its coal; seyon sur
few weeks will see this portion Of the
work finished. The general location Of the
line is definitely established and rights OF
way are secured.
The present facilities Of the coal prop
critics are confined TO connection with
the Denver & Rio Grande road by n
twenty-tfree-m mile branch owned by the
Utah company, The Could road is Civ
ing excellent service and is doing its part
In helping get a. larger production OF coal
to market.
1t was stated that production was at the
rate Of 100000 tons yearly. The current
output is about 10000 tons and this rate
Will gradually increase, so that by the
first of January II Is likely the mines will
be outputting the equivalent OF 1000, 900
tons yearly.
When United States Smelling went into
the coal business last spring it financed
the purchase OF these coal properties
through sale Of 31o.ooo.0oo 6 per- cent
notes, This calls for an annual interest
charge Of 100000. This Is considerably
more than the coal properties are today
earning net. 1t Is probably more than
they will earn until the new railroad line
is finished aud In operation, but it isl per-
haps conservative 70 estimate that United
States Smelling Is today meeting less than
i per cent of this interest charge out of
its own earnings. This percentage will
steadily decline as coal output Is in
creased up to and beyond I 900 900 tons.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-24
COLUMBUS CON. is
MAKING RICH PRODUCT

Ten lots OF concentrates will be mar
keted by the Columbus Consolidated
company during the month of August,
the average value Of which can best be
gauged by the consignment that has just
been marketed. This car averaged o.035
ounces gold, $50 ounces silver, 12.f per
cent lead and S.97 per cent copper, bring
ing In smelter-net the sum OF $42.S4 per
ton.
Tho conditions are reported by the
management as very satisfactory, the
one difficulty other than the limited
transportation facilities being the trouble
OF securing the number Of men the conn
pany could employ. The transportation
question soon WILL be satisfactorily solved
by the completion Of the Michigan-Utah
ira mway. about September l.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-24
SPECULATIVE STOCKS
OF SILVER RETARD

The following authoritative statement
made Dy a London firm In regard to sill
YER will be interesting to the western
producer:
News from India as TO climatic con-
ditions appears at the present time
wholly satisfactory and, as a conse-
ouence. substantial buying orders ere
this would have been received from the
Indian bazaars, had that ma rket been
stocks
Referring to the situation In China the
same communication continues: "stiII II
is difficult In refrain from the eypecta-
tion that. before long. the Chinese loan
negotiations will again assume definite
shape; should that be so. a renewal of
silver purchases for that quarter is not
unlikely. for much OF the silver that had
heen previously acquired In connection
with loan business had been unIoaded
recently, and to that cause the easier
prices OF late have been attributable,
THE exceeding Importance Of provid-
ing funds for payment OF these troops
50 as Ia assist their dispersal to normal
occupations can readily he gagged. and
for this the need or large govern ment
loans Is pressing.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-24
PECULIAR NAMES OF
MINING COMPANIES
Superstition Frequently Sup
plants Euphony in Christen-
ing a New Company.

II must make the average reader not
fully acquainted with western conditions
wonder where the western incorporation
of mining companies finds the unique
names for his property and company.
There are many names of companies that
lack either euphony OF connection, and
for the sake of example the Stray Dog,
Yellow or Yaller Pup, BurTo. Butter
ny, Terrible. Pumpkin. Skidoo, Hornet,
Wasp and so on through seemingly
never ending list may be given, none OF
which Is suggestive OF mine.
II appears that during the boom in
Nevada the sellers Of mining stocks were
rather hard put to II fer names for the
countless organizations they hoated upon
the money OF tho public. and IL may
have been that some OF the very peculiar
names adopted were selected because OF
their catchy character. II Is known, too
that the average prospector and claim
locator carries With him a. liberal sup
ply OF superstition and the most insig-
niicant thing may be so cmpha sized In
his mind as to become an open sesame
supposedly. so the prospector who names
his property the Mule Hoof, because his
mule managed to step in the butter,
may be pardoncd for his selection.
The name never makes the producer.
but the name frequently assists in the
development OF properties by tacking the
word Extension or one Of the cardinal
points OF the compass In front Of or be-
nlnO tRe name or Well-kTloWn PROPOSE
tlon in the neighborhood or state. One
promoter once represented that his prop
erty had the extension OF the ores of
famous producer. taking for granted for
would extend halfway across the long
trend OF the state that separated the
two.
There Is more OF psychology or super
stition than euphony IN the selection of
names for mining properties. and even
the western man could md material for
puzzled thought were ne to read over
a list OF hundreds OF regularly organized
companies of his State vicinity
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-24
COPPER SHARES AT
TOO LOW AN EBB

son for believing that the copper shares
have not begun TO discount the improv cd
market position OF the red metal
Twenty active copper shares are taken
as an example, and their average mar
ket price Is points lower than the aver
age high for June. when the companies
were receiving only Is cents a pound for
their copper The June average WAS
1850, as compared with $3.50. the higi,
for 1910, when copper was Bringing 4
cents per pound less than 1t liz now.
Nothing but the lacK OF public inter-
est or fear Of additional political COM :
plications can be the answer TO this
market condition, for the stocks rep
resent companies making the highest
earnings for many years.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-24
ASSESsM EMIT NO, II.


Johnny Gold Mining d Milling com.
pany, principal place Of business Salt
Lake City, Utah. Location Of mine
Notice 10 hereby given that at a meet
Ing OF the board Of directors OF the John,
on the a7th day OF July. A. D. 1912, as
sessment No. IL of five-eighth Of cent
per share was levied upon the capital
standing, payable Immediately TO the
secrets " at his office, No. 30s South Main
street. Salt Lake City, Utah.
ANY stock upon which this assessor snt
may remain unpaid on Friday. August go.
1919. will be delinquent and advertised
for sale at public auction, and unless pay
nsnt Is made before will bs sold on FRI
day, September 20, 1912. at s o'clock
D. M. at the secretary's office to pay
the delinquent assessment thereon. to-
gether With the cost Of advertising and
expense OF sale.
w. e. CoULAM, Secretary.
First publication July IL. 1912.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-24

standing. payable Immediately ae
West South Temple street, Salt
City, Utah. Any stock upon Whicn
assessment shall remain unpaid on
2sth day Of August. 1912, Will be q
ouent and advertised for sale at q
auction and unless payment is msaa
fore will be sold on the 18th OF Sst
her. 1912, at II o'clock noon. at tine
papy's office to pay delinquent. a,
merit thereon. together with cost %
yertising and expense Of sale.
BY order OF board Of directors-
80 j. r. KIEHM,
Secretary and TreSsurl
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-24
NEW PLANS BEING
SHAPED At WONDER
Prominent Visitors to Nevada
Wonder Mine Will Benefit
the Property.
DEEPER WORK NEEDED
New Equipment Likely to
Supplant That Now Lo-
Gated at Mine.

Locsl shareholders OF the Nevada Won
der company will be interested In a re-
cent visit Of large shareholders and off,
cials of the organization to the property.
and from present indications II is evident
that tho property is to be improved con-
sidera bly, and opened far more vigorously
The gentlemen visiting the property We're
Vice President Austin, ]. e. Spur. tho
eminent geoloSist OF Tonopah; V. s.
Wooley. j. A. EDsood and J. ". White
man. while the party was followed to the
property by Superintendent Blackburn Of
The Tpnopah Mining company
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-24
Cars.
Mining Notes.

Mining Notes.
The Ray Consolidated July output meas
ured Sr1o6.166 pounds OF copper.
The Bamberger and Mccormick inter
ests OF this city are reported to have
acquired the control of the Cash Boy
lease at Tonopah.
The Ely Consolidated company has
started to crosscut on the 7Oo-foot level
OF the Zack shaft for the vein had on
the upper levels,
The Union Chief property on the lowest
level is reported to be looking extremely
we'll, The management is now engaged
In the pleasant task Of hauling ore to the
railroad.
A car Of 'rst-class ore is passing
through the local smelters from the Alta
Consolidated property, another car Is
being sampled while "a third Is being
loaded at the mine.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-24
PRINCE CON. FRIDAY
WAS MAIN FEATURE

Had it not been for the Prince Com
solidnted stock Friday on the local ex-
change there would have becn a rather
limited showing, especially during the
afternoon session. This Issue deffes dull
times and simply pushes ahead on ac-
count OF shipments and earnings. the
closely held shares Of the insiders and
only a very limited amount held capable
OF being Jared loose.
Sales yesterday tota1ed $3.50 shares Of
stock, the market value OF which was
s12,395.50. The following we're the clos
ing transactions,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-24
ASSESSMENT NO. a

principal place Of business Salt Lake City.
O&ah-
Notice 10 hereby given that at n meet
ing Of the board OF directors. held at the
office OF the company on the 5sth day Of
fully. 1917, an assessment Of one-quaFter
Of o cent per share was levied upon the
Stock ee the corporation Issued and out
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-24
Need Heavier Machinery.

The Wonder News says that the sisnifi-
cance OF this visit to the people Of this
district is great. The shaft is now prac-
1cally deep as IL can be sunk with
the present equipment, and 1t is. the gem
cral opinion that a new and more power
ful hoist will he put in place as soon as
practical and the development OF the
ground prosecuted on much greater
scale than has been possible with the
present appliances.
Down to the 500 level the shaft Is a
single hosting compartment and A man
way. When the sinking was done TO the
70o level IL was made large enough for
two compartments and manway, and the
tirnbcrs were so framed that the size
may be Increased without interfering with
the work already done.
The present surface machinery is am
rle for doing the work that can be ham
died through the present shaft, and In
creasing the machinery viii therefore
make 1t necessary to enlarge the upper
part Of the shaft. This can be done with
out stopping the regular work In the mine
Though il would be awkward.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-24
NORTH BUTTE DEEP
ORE is VERY RICH

Tile discovery on the 2400-foot level
ri tile North Butte property during the
month. and which has served to drive
The stock ND several points. has been re-
ported on to the effect that II ia twenty
five feet in width. the copper values for
this distance ranging from to IL per
cent. II Is supposed that this is the
Edith May vein. aud that the manage
inenf has established the existence of a
splendid new stopping area. The walls
are described as solid and ideal.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-24
More Work Planned.

There is nothing definite for publics
,ion as to when the new equipment Will
ne installed, but Mr. Austin said that
The more active development work would
begin at all early date
The work Of blowing out the side of
the hill TO make room for the new ma
chlnery is proceeding rapidly, compressed
founda ton will be ready by the time
the machines can be procured and
hauled in. v
In the meantime plenty of ore is be-
its full capacity and the development
work on the levels already opened is pro-
ceeding as usual
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-24

"T was cured of diarvhoea bv one
dose of Chamberlain's Collie, Cholera
and DiRrrboea Remedy" writes M. e.
Gebhardt, Oriole, Pa. There is moth
ing better. For sale by schramm,John-
son, Drugs.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-24
From May is, 1911. to December 81

In short such AN enterprise constitut es
In gold mining. what the Utah Copper
two essential factors Of a large developed
supply Of raw material. with an assured
earning capacity,
The shares Of such a proposition may
well he rega r1ied as among the most de-
sra bic OF high grade manufacturing In
vestments, The shares not only of the
Alaska Treadwil1. but OF the Alaska Uni
ted and the Alaska Mexican, very simi-
lar enterprises. are actively quoted In the
London market All three are regular
dividend payers and all command a hand
some premium
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-24
Tintic Ore shipmanhs.

Special 10 Tho Tribune
EUREKA, Aug. 33.-Ry reason Of the
two days holiday taken by the miners
during the state tournament Of Utah
hremen the shipments for this week were
light, The record follows:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-24
FORENOON SALES.

FORENOON SALES.
Bingham Amaigamated. 1000 Mt Sac
Ccdar-Talisman. 400 at 13c; 1000 ar II
Lower Mammoth, 100 at &c
May Day, 1000 at 1sc
New York, 1000 at 33c: 1000 al ac
Opohongo. 1000 at 13c.
Prince Con, 1000 at 81 5o.
Silver Shield, 1000 at 3c
Union Chief. 3O00 at l3ac.
Victoria. 200 mt 5sc
Shares sold. 1880.
Selling value $1377 20,
OPEN BOARD.
Cedar -Talismap. 1000 at Ic
Iron Blossom. 1000 at 81 27s
PIonha Demi John, 1000 at 9Sc
May Day. 500 at 1sc.
days.
Prince Con, 75o at 81 So
Tintic Central, $500 at JSc
Union Chief. 1000 ct 1s5c'
United TintIc, 1000 at 19c.
Shares sold, 1880.
Selling value, 3S70s75.
AFTERNOON SALES.
Prince Consolidated. 700 at 81 .B7s. 600
at 81 go. WV
Silver Shield, 500 a, be.
United Tintic. 3000Sat 1gc
Shares sold. $500.
Selling value, S211750.
OPEN BOARD.
Prince Con-. 1900 at S1.e0: 1900 al
81 623. 100 at $3.50.
Shares sold. 1900
Selling value. 519a
all
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-24
Shaving Down Allotments.

IT is hard to tell just where the sub
scriber will get off with this PROPOSE
tlon. The man who wants thousand
shares may have to be content with q
fraction OF that number, and the greater
the subscriptions the smaller the frac-
tion, The Issue has been oversub-
scribed several times, and the books will
not close until August 80
In regard to their entering upon the
gold mining industry, Hayden, Stone &
Co. recently issued the following infor-
nation:
Compa ra BILE. In the nature Of their op-
erattons, with the great. low-grade, por-
phyry copper mines like Utah Copper
and Nevada Consolidated though OH a
somewhat smaller scale, are the big. low
grade gold mines. Well managed prop
critics In this group have proved tre-
mendous successes yet comparatively 1T
tie Ia known OF them by the investing
public Perhaps this Is because gold
mining has been more abused than any
other form of mining and advantage has
been taken by the unscrupuIous to float
many so-called gold mines having little
or no substance. with the result that
the public, has been mulcted OF many
million dollars.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-24
Ore ShiUlnents.

The Utah Ore Sampling company OH
Friday released four cars OF ore from
Utah and two cars from Nevada camps.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-24
Bid. lAsk ed.
Ore and Bullion.

The orc and bullion report for Friday,
given by Mccormick & Co. was AS fol-
lows; Orc received. $50. 900, bullion
shipped. $4,000; total, $4,000.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-24
New York Mining Stocks.

+ James A. Pollock & Co., bankors and
brokers. furnish the following. received
over their private wire yesterday after
noon.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-24
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, 1912-08-24
NEW YORK CURB CLOSE.

Nevadas in San Francisco.
James A. Pollock & Co, bankers and
brokers, furnish tho following, received
over their private wire yesterday after
noon;
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-24
Metal Market.

The metal quotations for Friday, post
ed by Mccormick & CO., were as fol-
ows: Silver. S2hc; lead. $3.50; copper,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-24
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, 1912-08-24

other form of mining and ADVANTAGE has
been taken by the unscrupulous to float
many so-called gold mines having little
or no substance. with the result that
the public has been mulcted OF many
million dollars
Ideal Investment.
AS an inv estment, however thers is
nothing to be preferred to a large. high
ly developed and we'll conducted gold
mine, as the product can always be sold
at fixed price. In gold. as In copper,
and for that matter all other metals. 1t
is axiomatic that only the low grade de-
posts are those OF great magnitude and
persistency These enormous deposits can
be developed in MILLIONS Of tons and many
years In advance of extra ction: thus, a
IN the case Of the low-grade porphyry
coppers. assuring a long life to the en-
terprise and making their shares highly
desirable as mining Investments.
Perhaps one Of the best examples OF
Tresdwell Organized with a capital Of
So'ooo,ooo IN 1889, previous TO which it
had been mined successfully for seven
years under another name, this company
Not once In the last twenty-five years
has this company failed to pay a divi-
dend, the amount varying all the way
from 4 to Il per cent and averaging a
nts'e ,,ts ooY.; over 10 per cent In addition, to
had considerable miscellaneous income,
which would make UP. IN large part what
would seem from this table TO have
been. In some years. dehcit after divi-
dends.
We would particularly call attention to
the steady average yield OF the ore and
OF the low cost per ton. The latter is aIl
The more remarkable as of course. the
general economic conditions In Alaska
are not as favorable as those In most OF
the largo ninins camps of this country.
Big Tonnage Ahead,
There are compensating ADVANTAGES
however, and these. with the most eff
Client management, have resulted In the
low cost shown above. The mana cement
has steadily maintained a policy of ex-
tenslve development work. for the last
ten years. this Item having averaged over
10000 feet per annum. Consequently, in
spite of the enormous tonnage that has
been, and still Is. being steadily extra Ct ed
from the property, the ore reserves have
not only been maintained, but Increased
from year to year, and at the present
time. constitute fully ten years sup
ply
This Ia, OF course. from an Investor 8
standpoint, as We have always insisted
In connection with the Iow-g grade por-
phyry mines. matter Of supreme impor-
tance. and to empha size this point we
submit table showing the tonnage milled
and the ore reserves at the end of each
year Tor the last ten years,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-24

Yellowstone Park. Phone, Wasatch
64D. :
The Irish standard. [volume] (Minneapolis, Minn. ;) 1886-1920, 1912-07-27
My. Native Land.

It CHANGED to me upon time to sail
Across the Southern Ocean to and
fro:
And. landing at fair isles, by stream
and vale
OF sensuous blessing did We Oft
times go.
And months of dreamy joys, like joys
in sleep,
Or like clear, calm stream DER
messy stone,
Unnoted passed our hearts with
voiceless sweep,
And left us yearning still for lands
unknown.
And when we found one-for tits soon
to find
In thousand-isled Cathay another
isle
For one short noon it's treasures filled
the mind,
And then again we yearned, and
ceased to smile.
And SO it was, from isle to isle We
passed,
learned from this there is no South
ern land
Can fill with love the hearts of
Northern men.
Sick minds need change; but, when
in health they stand
Meath foreign skies, their love flies
home again.
And thus with me it was; the yearn-
ing turned
From laden airs of cinnamon away,
And stretched far westward, while the
Cathay!
My first dear love, all dearer for thy
grief!
My land that has no peer in all the
For verdure, vale or river, flower or
If first to no man. else, thou'rt first
to me.
New loves may come with duties, but
the first
Is deepest yet-the mothers breath
and smiles;
Like that kind face and breast where
I was nursed
Is my poor land, the Niobe of isles.
John Boyle O'Reilly.
The Irish standard. [volume] (Minneapolis, Minn. ;) 1886-1920, 1912-07-27

saying to friend on the platform
after the Cardinal had said the OPEN
ing prayer at the Democratic conven-
ton in Baltimore. And the brevity
Of the opening prayer showed that
Cardinal Gibbons believes in practice
ing his precepts.
I'm in favor of clergyman as
temporary and permanent chairman
at all conventions" said Finley Peter
Dunno, after days of listening to the
brief invocations that had been so
popularity received all during the con-
Vention, when Protestant, Catholic
and Jew among the clergy in turn
followed the example of brevity set
by Cardinal Gibbons. "And If all po-
litical candidates would only settle
upon a sensible priest or minister
such as we've heard to make the NOM
ination and seconding speeches also
and do all the debating for the kickers
a convention would be shorter than i
Connaught mans friendship for man
from Cork. This convention has put
the curse of the red hand for all time
On the paragraphers' union jokes
about the long winded dominic"