davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-27
NEVADA CON. WILL
MINE THE RUTH ORE
Extension of Operations to
Large and Good Grade Ore
Tonnage Assured.

Reports from Ely Monday had II that
the Nevada Consolidated company was
contemplating a resumption Of operations
at the Ruth and Star Pointer properties,
both OF which arc expected to be active
Is in service during the coming winter
months. There ls considerable import
ance in this move. for the company will
have 10 operate this section OF its terri
tory by the caving system but az in the
case OF the Veteran property. the bet
ter grade OF copper ore than that afford
ed by the steam shovel pits more than
componsates for the increased cost OF
production.
The Ruth and star Pointer properties
OF the Nevada Consolidated company are
thoroughly developed, and from 100000
To 100000 tons of 2b per cent copper
tion. The ore Is soft in character and
easily within reach OF the cavinG sys-
tenn The Ruth shaft is 610 feet In depth.
but IL is used mainly for venttiating pur-
poses, and ii Is via the Star Pointer
shaft. down i5a feet. that hoisting will
likely he done The 45e level OF the star
Pointer corresponds 10 the 520-foot
level OF the Ruth. The two properties
have been connected by means OF -,oo-
foot tunnel and an extensive hsulage
system is already installed,
For a considerable period after initial
operations. the Nevada Consolidated
company took all Its ores from the steam
shovel pits. but early this year the COM
pany began mining ores from the Vet
eran property OF the old Cumberland
ely territory. II Is evidence. therefore,
OF progress that the company finds 1t
self in a position to begin extra citing
ores from the Ruth and Star Pointer
ground.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-27
BURRO IS LOGICAL
NAME FOR A MINE

Leon Peugeot, formerly superintendent
OF the Burro Mining company. writes to
The Tribune an interesting letter In which
he objects 10 the recent statement in
these columns that the name Burro for
a mining company partook- OF neither
euphony nor connection, the letter set
ting forth in part as follows
THE burro Is and has been associated
with gold, silver and lead mining since
prospecting first began. The burro Is OF
"a nature that can stand hardshlps, falls
bumps and knocks, can live on saCebrush
when necessary. You can not down a
burro because feed is scarce. and who
ever heard OF a burro lying down to die
because OF grievances? The burro will
travel a rough road and carry a heavy
pack and a troublesome one Of long-h han
died frying pans. picks, shovels. etc, and
when the goal Is reached he Is Johnny
on the spot ready TO pack ore to the
smelter and feed on real oats.
"A young mining company opening up
a mountain fastness. facing hardshIps
packed heavily with legal delays. labor
etc, must have many OF the
burro's staying qualities and. like the
burro, II is only a question or time when
the company can enjoy a feed OF real
golden oats with its shareholders"
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-27
Managers report.

/ beg TO submit herewith my report
fiscal year ending July 81. 1912.
The principal operations of tho COM
pany were carried on through the Ken
dali shaft. The old LOTUS and Davis
shaft was also operated for a short
time and a total of 100 feet Of drifting.
crosscuttiug and raising was done In the
old lease workings. In doing this work
a few small sringers Of ore We're en-
countered, but no ore body Of commercial
Size was developed.
The following work was done through
the Kendall shaft:
hanging wall crosscut was driven fifty
feet and a wtnze was sunk to a depth
OF thirty-elght feet. Some small values
were obtained In the Wine, but this
work was discontinued as soon as 1t was
decided advisable to sink the shaft
On the 100-foot level the east crosscut
was driven through the rhyolite and into
the Milltown andesite for the purpose Of
exploring the contact
On the seventy-t three foot level the
main south drift was driven to the old
Sandstorm workings. A small mineral
ized cross fracture was encounted In this
drift and was thoroughly developed
wnzes. raises and crosscuts. A small
amount fifteeD tons) of low grade ore
was extracted in this work. The ore
body proved to be small pocket and
work on that section was discontinued.
A total Of 71a feet of drifting, raising,
crosscutting and Winning was done on
this level
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-27
WHY COPPER SHARES
ARE GETTING STRONG
Upward Trend Logical in
View of the Favorable
Metal Conditions.

The movement upward during the past
few days OF several OF the big copper
producing shares has given rise TO the
report that there is q big merger or
something OF that character now being
thought out by the principal red metal
producers OF the country. But this is
hardly deemed likely out west. for this
matter was up for discussion many
months ago. ending in nothing more
than a cordial relation between all the
main producing interests. relation that
made II possible for the production OF
copper TO be curtailed In order to assist
in the process OF wiplng away the large
worlds surplus.
AS matter OF fact. the copper issues
have not started 10 reflect the favorable
conditions that AFFECT them. High-priced
COPPER and low costs OF production, with
facilities for producing the metal on a
far better plane than ever before; limited
world s copper stocks and an unprecc-
dentcd demand for consumption and divi-
dend rates now existing being based al
most entirely upon conditions that exist
cd year or two ago. are factors far
more powerful than any mere artificial
foundation for improved market ranges
for the copper shares. The copper pro"
ducer Is earning at a rate far beyond
what be is now paying. and increase ed
dividends arc as certain as could be
wished Tor.
II Is figured. for instance, that the
Utah Copper company during July pro-
duced at the annual rate OF about 1884,
000 900 pounds OF copper. Including all
income the company's costs were about
y cents per pound, leaving q margin Of
10a cents per pound profit on 11s-cent
copper market, making the earnings at
the rate OF about si3, 3,IS6,o0o annually, To
this should be added the share OF pro-
duction the Utah Copper has In the Ne
vada Consolidated, which Is about 49,
$40 900. which brings the Utah Copper
company's earnings at about the rate of
sI1.5o per share, or sl7.225,0o0 per an
mum, against present dividends OF SO per
share per annum.
Nevada Consolidated is paving $3.50
per share annually In dividends. and its
earnings are now about $3.50 per share.
The Anaconda Is making $3.50 a share
on the basis Of Scent cost and a 300,
600, 600 pound output, whereas II is pay
ing out only So a share dividends.
The market action of the stocks is the
logical answer.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-27
GOOD NEWS
Many Salt Lake City Readers Have
Heard Il and Prohted Thereby.

"Good news travels fast" and the
thousands Of bad back sufferers in Salt
Lake City are glad to learn that prompt
relief is within their reach. Many
lame, weak and aching back is bad no
more. thanks 10 Dosn's Kidney Pills.
Our citizens are telling the good news
Of their experience with the Old
Quaker Remedy. Here is an example
worth reading:
Karos Scarle, 237 West Third South
St., Salt Lake City, Utah, says: "You
may continue TO publish the testimonial
] gave in praise Of Doau's Kidney
Pills some years ago. This remedy Ger.
tainly did me great deal Of good and
I am. therefore, always pleased TO speak
in its behalf. Bsckaehe ANNOYED me
OF and on for number OF years and
] was unable 10 get relief until | com.
neneed using Dosn' s Kidney Pills, pro-
cured at Schrsmm- -Johnson's Drug
Store Many people have sought infor-
mstion Of me, regarding Doan Is Kidney
PILLS and j have always advised a trial
Of this remedy when the opportunity
hos occurred ~
For sale at Schrsnm.Johnsou s drug
store, Salt Lake City, Utah. and by al
dealers. Price soc. Foster. Milburr
Co, Buffalo, New York, sole agents for
the United States.
Remember the uame-Doan s-and
and take no other.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-27

FORENOON SALES.
Gold Chain. 600 at 35c
Silver Shield. 1000 at &c
Shares sold. 1900.
Selling value, sloI.50.
OPEN BOARD
Lower Mammoth. 1000 at Ale.
Utah Con-, 1000 at &c
Prince Con. 500 At tl.s7i: so at $40.
Sioux Con. 800 at Sc
Swansea Con-. 800 AT Sc
Mountain Lake. 2o0 AT &c
Crown Point. 1000 at 2.C: 1900 al csc.
Shares sold. 1880
Selling value. Se151.
AFTERNOON SALES.
Iron Blossom, 500 at 81 a7i
New York. 500 az 3ic.
silver King Consolidated. 100 at s3c
200 al aSc.
Tintic Central 5000 at lac
Union Chief. 500 at lie.
Shares sold 1000.
Selling value. si3i9.@5.
OPEN BOARD
Ohio Copper. geo at Sic
Shares sold. $500.
Selling value. s5e5
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-27
CHINO EARNING WELL
AND FUTURE BRIGHT

II Is estimated that for August Chino
WIZ earn 100000 net. which Is ~ the
rate of - pes share per anuum saw
Thompson. roNie & CO.
THIS c2celleUt record of earnings IT. be-
ing accomplished Nth but three units OF
the Chino mill IN commission for the FIRST
nteen aays or the month. four units the
last half ~ tho month
II - this greatly increased earning
power BY reason az copper costs being
nearly cents per pound less than the
original eatlnates and tonnage per unit
showing increases OF % TO 80 per cent
over the rated capacity of the mill. that
has 30 greatly improved Chinos market
position.
n Ctinn is able to maintain its pres
cut record 30 production per unit and
present COSTS j; Is figured that it has
dividend possibilities almost 20 great as
Itch copper. for. on a production of
'b.o3o."oo pounds per annum and a 7-cent
cost. with l1-cent copper Chino could
show net earnings Of about - per share.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-27
Mining Notes.

The Alaska Gold Mines stock on Mon
day sold for sT.37i. the market closing
S725a7.5o.
Attorney George + wasson has re-
turned from q months hunting and nsn-
ing trip into Wyoming
John r. Hodson. a well-Euown mining
man Of this city, Is back from a VISIT
into the Yellowstone.
Oscar Lachmond. the mining engineer,
WAS In the city Monday. en- route 70
western mining camps on professional
business.
Tony Jacobson, president OF tho Alta
Consolidated company. left Monday tor
southern California 70 recover from
severe attack OF the grip.
II is stated on good authority that the
Thompson Quincy Consolidated company
viii begin shipments OF orc durlns the
present week.
Secretary \. Reeves of the Consoh-
dated Mercur Gold Mines company Is at
work preparing the annual report OF the
next month.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-27
ANNUAL REPORT OF
THE SANDSTONE
SandStorm-Kendall Closes a
Year of FeatureleSS Work
Upon Property.
LITTLE ORE PRODUCED
Several Assessments Levied to
Cut Down the Debts of
Company.
LITTLE ORE PRODUCED

The Sandstorm Kendall Consolidated
Mining company has issued a report for
the year ending last July 81. and Secre-
tary and Treasurer A. H Howe reports
as follows;
with the sanction OF the board OF di-
rcctors OF this company. I submit be-
low statement OF the companys re-
ceipts and disbursements during the past
fiscal year, ending July 81. 1912. together
with a report from the general manager
of the company concerning operations on
the property and Its present physical
condition:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-27
Kendall Shaft Work.

After performing the above work IT
vas decided to sink the Kendall shaft to
depth OF 500 feet This work was
started and the shaft ON. july 81 was 145
feet deep. The large amount of water
encountered made necessary the tnstalla-
ton Of a pumping plant and has made
the sinking OF the shaft comparatively
slow and expensive. From the 500 foot
level extensive lateral development Will
be ca rried on.
Various leases have been operated on
the Sandstorm claim during the year
and small amounts OF ore have been eI
tracted and shipped. No one OF the
leases was worked for a very long period
Of time for the reason that II was not
possible 10 operate at any profit.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-27

Fluctuations In the London market
lately were less sensational than In July.
and recent weakness has been followed
by exhibitions of renewed strength. The
trading In standard co~7er at London
continues active. and bears and bulls
have both figured as conspicuous opera
tors. A good share OF recent activity
came from anxious bulls. but since then
the market has displayed a frmer tone.
There are reports OF good foreign con-
sumption. With tho prospect OF continued
large demand. Germany appears 10 be
absorbing copper on a heavy scale. and
the estimated consumption OF that coun-
try has run well ahead OF that for last
sear. English manufacturers are also
said 20 be booking good orders.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-27
EX. IS
WORKING IN ORE

It was learned on good authority Mon
day that the Columbus Extension COM
pany Is meeting with a condition that Is
almost exciting. The management is
drifting along the deep flssure. and the
whole face is ore, with at least ten inches
OF IT a shipping grade. Everything seems
TO promise early results Of splendid i'm
port for this proposition, and when one
considers the hard work the company
has done during the past year. and the
expense incurred without calling upon the
satch range.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-27
MICHICAN-UTAH IS
LISTED BOSTON CURB

The stock of the Michigan Utah Con-
soiideted company Of the Big and Little
Cottonwood districts OF this state has
been bsted on the Boston curb. this be-
ing the organization that recently alb
sorbed the City Rocks. Utah Mines Goa
lition and several other properties of the
Cottonwoods. The company al present
is shipping as fast as possible. the Inn
tied number OF teams being the great
est handicap OF that section. The COM
pany will have It's tramway completed
End ready for operation In the near fu-
fure. from which time on the transpor-
tation difficulties viii be far less than
they now
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-27
PRINCE CON. STILL
DRILLS INTO ZONE

message from Phoebe TO the local
Prince Consolidated Offices Monday
brought the Information that the drill
from the 550-foot level has penetrated the
sulphides for twenty feet without finding
any indication OF this new formation di-
minishing in any degree, On his return
Saturday from Phoebe. Director Ernest i.
Godbe stated that the drlll was then four
feet in the zone, but that operations had
been resumed after a brief period for
Strengthening out the outfit. This Mon
day news. therefore. is considered mighty
encouraging by the local officials and
sha ehol6ere.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-27
PRICE OF COPPER
WELL ESTABLISHED
National Conduit & Cable
Company Issues Opinion to
This Effect.
HOME DEMAND SMALLER
But European Consumption Is
Heavy, as Refinery Out
put Increases.
HOME DEMAND SMALLER

In their monthly copper circular. the
National Conduit & Cable company ham
dies the copper situation. especially the
consumptive phase. In the following
terms
Activity In the domestic copper market
recently was on a reduced scale. but not
withstanding that fact there is n degree
OF frmness apparent which is taken TO
indicate that the higher prices now es-
tablshed have probably come TO stay for
some time. There is nothing In the im
mediate situation TO warrant any other
conclusion. and with a heavy consump-
ton IN the principal countries of the
world the adequate metal necessary for
manufacturing requirements is OF such
large proportions al 10 furnish effective
support to prevailing values.
Although the buying in the American
market lately has not been especially
heavy there were some fair sized require
ments 20 meet during the past thirty
days The very cheap lots so noticeable
In July have largely IL not entirely dis
appeared. There is less selling pressure
from outside holders. and consequently
quotations for elnc,rolyiic wire bars arc
fairly we'll maintained at i53 cents.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-27
July Statistics.

Recent local interests were centered on
the monthly statistics compiled by the
Producers association for July. The in
crease In refinery production uds surprls-
inSy large last month, and the deduction
from the last copper statement Is that
refinery output is capable OF scoring
some very erratlc records. Following the
appearance OF the copper statistics. Lon
don copper declined over a pound in
value. Foreign operat tors evidently tried
10 manipulate the market for lower levels
but the firm front presented by the lead
ing holders here checked the bearish ten
dencies OF tradS abroad
The movement OF copper into consump
ton is impressirely great and likely TO
Increase but a sudden jump or nearly
fifteen millions OF pounds Increased pro-
duction at the refneries ~ the United
June output Is an object lesson worth
noting. II is public intimation that on
the basis OF production for last month
the output OF marketable copper at that
rate for a year would reach the enormous
total of 1.s45.ss3,54s pounds. against L.
+3l ,9ss ,Sss pounds for the wear 1911 an
Increase Of 2l39e5,2 pounds II IS
hardly probable that production by re-
ilneries will be maintained throughout
the next twelve months at the same
extraordinary rate OF that for July, But
2 new record OF output at reiineries has
heen made. and the practical guarantee
Is hereby given that supplies viii be less
stripgent than ever before. Consumption
therefore, Will require to keep up with
production to avoid an accumulation Of
supplies. The question Is. can demand
expand as rapidly as production? II IS
certain the copper situa tion Is facing an
important test of It's strength.
The following are the official copper
statistics. In pounds fine:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-27
COLUMBUS EX. WAS
A FEATURE MONDAY

Columbus Extension stock, In answer
TO encouraging underground develop
mcnts, WAS one OF the strong features
OF trading Monday. The market as a
rule was very quiet, but prices were lit
tie changed from the close OF last week
The sales totsled cf.150 shares during the
day, tho market value of which was
s41oO.75. The following were the clos
ing iranSar fiOnS.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-27
Orc and Bullion

The ore and bullion report for Monday.
given by Mccormick e. Co, was as fol-
lows: Ore received, $4,000: bullion
shipped. $4,000; total. $3.50. 600.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-27
Ore Shipments.

The Utah ore Samplins company on
Monday released cars OF orc from
Utah, 2 cars from Colorado and ! car
from Nevada camps
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-27

The company owns 1925 shares Of
treasury stock. Its bills payable ac-
count has been reduced from an original
Indebtedness OF 66,710,25 70 $4,000, with
cash on hand July 81. 1912, Of sS135.S3.
General Manager K. M. Simpsons re-
port here follows:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-27
Bid. Asked.
Metal Market.

Tho metal quotations for Monday.
posted by Mccormick & Co. were as fol-
lows: Silver, &c; lead, $3.50; copper
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-27
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, 1912-08-27
New York Mining Stocks.

James A, Pollock & Co, bankers and
brokers. furnish the following received
over their private wire yesterday after
noon:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-27
NEW YORK CURB CLOSE.

Boston Mining Stocks.
James A. Pollock & Co., bankers and
brokers. furnish the following. received
over their private wire yesterday after
noon.
BOSTON COPPER RANGE,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-27
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, 1912-08-27
Figures Compared.
July. June. lIncre

July. June. Increase.
u. s. pro-
ducuon .13f, i61 ,12sll22, BIS, 2i0l IA, ,Ss6, Sa9
Domestic
del and
exports .l131. 2l5. 712'i27. .635. SOL 5,6f9, ,s53
Stock at
end mo. 90. $50, 42ll ~, ,S3b, 00sl b.e45, AIT
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-27

James A Pollock & Co.. bankers and
brokers, furnish the following, receiv ed
over their private wire yesterday after
Evening journal., 1912-04-02
URGE ENGINEERS
NOT TO STRIKE

Superintendent A. j. Whitney. Jr..
Of the Maryland division of the Phil
adelphia. Baltimore and Washington
Railroad Company, has had notices
posted about the French street station,
urging the railroad engineers not to
strike.
Il is said that the several meetings
held by the engineers in their lodge
rooms, which We're secret, were foi
the purpose of making a demand for
more pay. amounting. it is said. e.
about 81 more per day. Mr. Whitney
ADVISES the men not TO strike. but "a
consider the question of voting for
OF against the strike In the quiet OF
heir homes, and also advised them tc
postpone any. action ordering a strike
until facts in @nnection with the
situation can be presented some timJ
this week.
Evening journal., 1912-04-02
STUDENTS SAY NEW
LIBRARY is NEEDED

"The people Of Wilmington need a
new library badly Your library
shows up very badly in comparison
with the libraries of many cities Of
much smaller population. do not
see how your officials accomplish such
good results in coop of a building,
was the emphatic declaration of Miss
Josephine A. rathbone, vice -,llrector
of Pratt Institute. yesterday after
noon.
Miss Rathbone accompanied twenty
five students OF the Pratt Institute
School Of Library Science of Erook-
lyn, n. y, who spent an hour In the
local library, enroute to libra ~ in
spection in Washington, d. c.
The party were shown the Howard
Pyle paintings and the Delaware His
torical Society Building. They tho ught
Wilmington should not under any con-
sideration allow the Pyle collection TO
be taken by other cities.
Evening journal., 1912-04-02

attorneys for the defence that the evil
dence adduced by the state at the
hearing in this court does not bear
out the charge made in the warrant.
! differ with them, most emphatically.
This defendant by her own admission
in the City Court keeps a house of
i'll fame, contrary to the laws of this
state; this girl is proven to be under
the age of Is years and is within the
meaning Of the act Of the General AS
sembly to have been unlawful to have
harbored her under any pretext as de-
cided by the Supreme Court of this
state i'm the case of the state against
Maria Brown.
Il therefore hold the defendant IN
$500 bail for the Court of General
Sessions"
Evening journal., 1912-04-02

only absolutely reliable eczema remedy. for
it washes away the disease germs and leaves
the skin az clear and healthy as that Of
a child.
An other druggists have ODD Prescrip.
tion--go to- them If you can't come 20 US
but don't accept some big profit substitute.
But II you come 10 our store. we are so
certain of what u. ID. will do for you that
we offer yOu a full size bottle on this
guarantee.-If you do not find that IL takes
away the itdh AT ONCE, it costs you not
cent
Miller Drug Co, 404-406 Market ST.