davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-09
.GlROUX' PLANS HAVE
HAD TO BE CHANGED

An official OF the GlrouH Consolidated
company Is quoted as 10 lows
"Iust when We reached maximum pro-
ductton OF concentrating orc under vHt
contract with the Steptoe Valley SiueitlnE
& Mining company on October = 'hf
Western Federation OF Miners called a
strike In the Ely mining camp III syhpa-
thy with that called At Bingham hy lNe
,na organization. and while outh COM
many was not directly concerned. yet We
suffered with the SteptcC company on nc
count OF being In the same district our
men goInE out with tholrs. Iher" il'7
been no real damage 10 the property, but
resuinntion OF operations I'm full VIII be
delayed pecauE" many OF the men hu' ~
sympathy with the strike stopped WORN
and left the district, 49,
I'VE were ready To begin work IN the
Alpha territory when "" TchCh'u 'u'
maximum daily production. but II WIZ bo
necessary now 10 direct our fuil Htl'htl"o
| to mining concentrating orc unul VIC can
Ccf tic force UP TO normal basis
"In regard 10 the Alpha ore DOdN.
! glance at the last annual report VIII sho"
couclusiVely that the company mas IN lhl'
| ore body "A treasure of enormous extent
but the development work has been don'
| so that II Is impossible TO give an estimate
OF tonnage. -.
| ''In drifting on the 12o0-(oot level tht
| mincralIzcd zone was found To be moro
than 400 feet vide. and the same ore ant
general conditions were found OIL The !nup
! foot level The orc disclosed by driiunl
| aud retimbering on the lo0O-roo leEc
| showed larger on the floor than al tu'
| ton OF the drifts from which II appears
| that this level is nearly at the top oi TN
| ore bodies. Al the same time the chancc'
gre favorable for an upward extension q
some OF the ore 10 at least the 10000
| level
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-09
APEX RIGHTS WILL
SOON Be SETTLED
Butte and Balaklava Does
Some Work Which May
Help in Suit.

Western shareholders OF the Butte *
BslaltIavs company who are watching the
course OF the litigation that ihrea tens the
welfare of the org MIA ton will hc in
terested In the following Duluth state
ment which. apparently. comes from In
side circles.
Intense satisfaction is felt by the Of
ficers OF the Butte Baaklava company
in the success OF the legal work that has
been done underground In preparation for
defense against the claims OF the Ana
conda company. An effort will he made
TO make the character and results OF the
work clear 1t is taken for granted that
readers of mining news are quite gen
orally informed on the apex laws OF Mon
tana. The satisfaction that Is telt pS
the Balaklava people viii be understood
I1t the reader can be made to under STAND
the conditions as they exist today on the
eve OF the suit.
To begin with the Anaconda company
laid claim TO a very valuable copper ore
vein in the Balaklava ground. and which
outcrops or apeNes within the Balaklara
property. The Anaconda people declared
that the vein in the Balaklsva was the
Mountain Chief vein, which outcrops on
Anaconda territory. To prove It's conten-
ton the Anaconda people drifted from
their Mountain Chief on the 500 level
10 the 700 level on the Butte BaIaklava,
and encountered nothing except granite
between its Mountain Chief and the dis
puted Ralaitlava vein.
The Butte Balalslava people then drifted
from their disputed vein, starting at the
700 level. to the Mountain Chief vein and
then raised on the vein TO the 800 level.
at which latter point the Anaconda people
had begun their working to reach the
laklava vein. II was the result OF the
raise in the Mountain Chief vein which
has filled tho BaIaklava people with such
great confidence Straight up. between
clldcfined walls all the way from the
700 TO the 500 level the working was car
rled, without discovering anything upon
which the plaintiff company can by any
possible chance connect the Mountain
Chief with the Balaklava vein. That
briefly. is the story and here is what DR.
Walter Harvey Weed, consulting engi-
neer for the Butte Balskava compa ny
says I'm letter TO Secretary John a
Percival in a letter Just received from
him al Butte,
Il have been through the Balakiava
aud am more than pleased at the sue
cess in following the vein (Mountalr
Chief in Anaconda grounD upward from
the 200 level. The last fifteen or twenty
feet OF the raise have been in high grade
ore. whose mineral character ls like that
| of the Mountain Chief and Is unlike that
| OF the Balaklava stones"
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-09
OLD-TlMERS RETURN
TO COPPER SHARES

James ~ Pollock & Co. bankers and
brokers, 339-355 South Main street, fur
private wire yesterday afternoon.
Paine. webber & Co. Boston.--specu-
lation in the coppers increased as the
day went on. At the opening this morn
ing there was considerable profit taking,
but the new buying was sufficient 70 take
care OF II easily and when prices really
commenced 10 advance, the volume OF
buying Increased very fast. CRANKY was
the leader in active strength and closed
at the top with a net advance of five
points for the day. Well posted people
are confident that conditions at CRANKY
warrant a value OF 800 for the stock.
Indiana was well bought and closed at
lSi. To name the list OF stocks that are
strong would be to include the entire
list. as large and small. they all shared
in the upward movement. With uncer-
tsintv regarding election out Of the way
We find many people coming into the
market who have not been in coppers
Logan 6, Bryan. New York.-Ths ad-
vices trom abroad relative TO the situa-
tion IN the Balkans proved to be the
dominating influence today For time
the reports were indicative OF further
unrest, but later became somewhat more
cheerful. all OF which was reflected In
trading. However, there appeared TO be
some rather influential selling OF the
higher priced Issues, especially In the last
nalf hour, while, at same time, the lower
priced stocks seemed 70 be meeting with
favor.
The copper stocks We're conspicuous for
their strength, despite the Increase In
the supplies OF metal as Indicated in the
copper Producers statement. The gov
ernment crop report on corn was assuring
aud much * heard nowadays of The
strong fundamental conditions but stiIl
IN good quarters optimistic deductions
are being qualified somewhat I'm view ~
the foreign political situation which.
while colored, perhaps, has nevertheless
prov ed 10 be source OF concern pertic-
ulArlY insofar as 81 relates 10 the possi.
biliiy OF complications OF such n naturs
as might tend 10 overshadow all other
considera tious, no matter how fayora lie
the latter might be
We feel that the stock market outrooL,
sun warrants conservative course
/ though for investment purposes nur-
chases Of standard. issues during weak
able.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-09
Power Facilities.

The contemplated extension OF our
Magma steam power plant to take care
OF the growth OF our business has now
become unnecessary due 10 the acquisi-
ton ~ the hydro electric generating
plants now in operation in the vicinity
OF Salt Lake CITY and on the Bear river
ia Utah and Idaho by strong interests
who viii construct sufficient power plants
10 enable ,he Utah Copper company to
procure It's entire power requirements
from them. THIS source Of power sup
piy has not heretofore been available
The principal terms 10 serve as the basis
OF long -timc contract covering the COM
ranys entire power requirements have
heen agreed upon and the board of di-
rectocs have authorized the execution OF
such a contract
Tho basis upon which power VIII be
purchased " such that the cost OF Il VIII
no substantially less than heretofore as
produced from our own steam plant. and
the conditions and obligations OF the
poWcr contract insure a character OF SER
viTN fvily As reliable and satisfactory as
has prevailed or could result from Tire
opsrau ton OF the Nagua steam plant even
" enlarged 20 meet our fun demands
The deficiency In tonnage ana produc-
ton for the month ~ September as com
pared with tho other months os tho
quarter. was due entirely 10 suspension
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-09
REPORT Of UTAH
COPPER COMPANY
Net Earnings Very Nearly a
Million Dollars a Month
Last Quarter.
SURPLUS ADDED TO
Costs Reduced and Earnings
Increased, Although
Strike INTERVIEWED.
SURPLUS ADDED TO

The Utah Copper company on FRIDAY
released the following report;
We sunibit herewith statement regard
inr the operations Of your company 10,
the third fiscal and calendar quarter o'
tho year 1872.
The gross production Of copper con-
taincd in concentrates FOR the qua ana
the preceding two quarters. by months
- given below.
Iapuarv. 1912. S.l55.1G2 pounds: Feb
,gsrv. S.Gi2. 7s9. March. s.l6o,l2e. Totals.
:fa2a. $50 pounds. ..,.. ro
s.ssi is5. Totals. 2S.372.o3s poun9s. c.
hlg. u. .l6o.614: August, ll,sn, IsL; Sepo eppo
tember. 6.965,iii Totals -'''o'''-'
pounds.
Average monthly production. hrst qGal 8ts
ter. S3e9. $50; second quarter. 9'4S"''o'
third quarter, 9.9ss.ai3 pounds.
During the quarter there was treated
NJ both plants total OF l,5Sl,52a tons on
ore, az compared with l,50S,ssi tons Tor
the Magma plant handled about 81 per
cen. and the Arthur plant about 30 per
cent. -,
Tho average ASSAY OF the ore milled
during the quarter was IL per cen.
coppor, as compared with l.i2 per cent
average cost per pound Of net copper pro
duced during the quarter. after making
allowances for smelter deductions ana
without credlting miscellaneous Income.
was 7s0T cents. az compared with 81. ,
cents for the second quarter or 1ols: IL
tho net miscellaneous earnings IN TAN
including those from the Bingham & Gar
field railway. were credited 10 tie cost
~ operations. the net cost per pound Tor
thc quarter would be I.0lI cents.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-09
Force Resorted To.

Armed bodies OF strikers alta clScd Our
workmen. the attack being acCompa nj ad
bv shooting and riotinG and resulting IN
numerous personal Injuries, though none
Of them werc fatal. and In this way our
contcutcd worlSmen were driven from the
premises, which We're for some DAYS
thereafter wholly or partially In the pos
session of armed strikers. Steps were
Immediately taken 70 regain possession
or ofr properties. but lt required some
time 10 assemble n force OF guards SUI
ficlcntly strong 20 successfully cope with
the situation, and IL was not until Octo-
bcr . that VIC were gain able To safely
pat any employee into the workings. on
that date preparations began for the re-
II We commenced loading ore with for
mer employees only working. Since the
date OF resumption the tonnage has In
creased daily. with the result that at the
time OF writing this report We arc MIN
ing and milling st the rate of about II.
COO tons OF ore per day, or approximately
two-thirds capacity.
Vigorous attempts were made to call
and force our workmen out at the mills,
but these were not successful. There was
some disaffection at these plants but the
number OF employees lost was not suffi-
cicut 10 hamper US In any way and we
now have z full complement OF men In
all departments at both mills at Gar
field.
The forces at the mine are being In
creased rapidly and the outlook now is
that u will only be a short time until we
Will he again operating at full capacity.
dergrouud operations at the mine. In
fact we were nearly ready TO permanent
" discontinue underground mining when
the strike was ordered
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-09
Close 10 Fourteen Million
Pounds Added to Domestic
Visible Supply.
EXPORTS ARE SMALLER
Domestic Deliveries and the
Output Were Larger in
the Past Month.

The statistics Of the American Copper
Producers association for the month OF
October were released yesterday morn
ing In New York, and an Increase in the
visible domestic stocks OF the metal OF
l3,659,3T pounds was noted. sending the
domestic available supplies on October
u to 76.I4i,974 pounds against 6S,o65. 5Si
pounds at the beginning OF the month.
4 rather unexpected disclosure in these
figures Is the Increase In domestic dellv-
cries for consumption and the marked
decrease in the exports. Decreased eX-
ports were expected. but hardly 20 the
extent reported The October domestic
deliveries were S4,lOs.7 .7Si pounds. against
63,f60.Si9 pounds OF the month before
while exports for October were 81. 62l. 342
pounds. against 60.26A.796 pounds in Sep
tember. This was the lowest export month
since February. 1911,
The production, domestic deliveries and
exports for the first ten months OF this
year are here given in pounds:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-09
Operations of Railroad.

In dealing with the strike situation nc
negotiations have been had with the
Western Federation OF Miners. It's officers
or members, and in resuminE fun opera
ton no concessions have or VIII be made
10 that organiza ton, or any one con-
nected with II.
The operations of the Bingham G. Gar
field railway continued satisfactory
throughout the quarter until the day OF
the quarter when the railroad was In full
operation hauling ore from the mines. an
average OF 1910 tons of ore per day
were transported, az compared with TO-
203 tons per day for the previous quarter.
An average OF 92S tons per day OF other
freight was transported over the line,
as compared with 1865 tons per day for
the previous quarter OF 1912. The pas
seuger train receipts during the period
showed n large increase as compared with
the previous quarter
Respectfully.
c. NJ. MACNEIL, President
y. C.. JACKLING, General Mgr
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-09

NJ operations resulting from strike hsN-
Ing been called by the Western Fedora
lion of Miners, affecting all the mines IN
the Bingham district. ou the noininG
OF September Is. The basis OF the strike
was n demand for fiat increase or OF
cents a day In the wages OF all workmen
engaged in the mining Industry IN the
Bingham district and recognition OF th'
Western Federation OF Miners by the
companies In their dealings win en-
plovees. The class OF worhmen most
active in bringing ABOUT. The strike were
those employed IN underground mining,
of which class your company employed
comparatively few, the number hcine
about 400 out OF a total Of over 1000 men
employed by the Utah Copper company
at its mines AT Bingham.
Very few OF our surface employees he
longed 20 the Miners union, although
quite a substantial percentage or them
did belong 10 other unions. However. the
Miners union forces, composed. as has
been stated. largely of underground work
mon from our and other properties, were
strong IN numbers and active
in tho employment OF intimidation and
violence. 10 force away from work the
ma Jority OF our employees who wished 10
continue.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-09

For the past three months the gain in
the total world visible supply has been
November l. against 62i72.30 pounds
on October l. and 149 .907, ,56s pounds on
September /. That this gain s not con-
ducers and those with the welfare OF the
copper producing Industry AT heart. Is
evident from the repeated assertions OF
producers that they do not desire higher
prices than those now existing. IncreaS
ing stocks removes the danger OF run
away copper quotations, Yet the surplus
now available in the world is not OF dan
gerous proportions. being slightly over
40. 000. 900 pounds in excess OF a months
consumption.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-09
SILVER PEAK SENDS
OUT GOOD REPORT

The Pittsburg silver Peak Gold Mining
company has issued a report FOR the SIX
months. ended June 80 last. As the last
reports published were for The six months
ended December 81 1911. and December
81 1910. no comparison can be made The
report shows gross earnings OF the Silver
Peak Gold Mining company and MohA%l.
Alpine company, Sj02.O2b expenses. G52.
$50; net earnings, $40, i65, gross earnings
of tho Pittsburg silver Peak Gold Minlnc
company. s2l1,S6s: operating expenses
Sl14 $50; net earnings. s3I,2Is; interest
credit, s52I3-total net earnings. Sl31, 500
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-09
BUSINESS ON 'CHANOE
SOMEWHAT IMPROVED

Trading Friday on the local exchange
was somewhat better than the average,
especially during the afternoon. While
the business naturally is limited. there
were innumerable stocks in demand with
very little stock for sale at the ruling
ranges. The Tintic issues were especially
active under the lead OF Iron Blossom.
Sales for the day reached a total OF 80, loo
shares OF stock with q market value OF
S46I2.
The following were the closing trans
actions.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-09

FORENOON SALES.
Crown Point. 1000 at &c: 1000 at 23c.
buyer sixty days.
Iron Blossom. 100 at s1.12b.
Silver King Coalition, 200 at 50.
United Tintic. 1000 at &C
Union Chief. 500 at &c.
Shares sold, $500. Selling value s7e5 90
OPEN BOARD.
Iron Blossom, 900 at Sl12s
Swansea. 1000 at 3sc, buyer sixty DAYS.
United Tintic. 5000 at &c.
Union Chief. 500 at 7c
Shares sold, $500 Selling value, S7355O
AFTERNOON SALES.
Bingham Amalgamated, 1000 at SIC: 2n0
AT Sc - "
Colorado. 500 at i5ic
Iron Blossom. 100 at sI.12I
Prince Consolidated. 200 At Sits
Silver King Coalition. 100 az 50
United Tiptic. 1000 at &c
Nllbert. 500 NJ l0c: 1000 az aic
Shares sold. $500 Selling value. sia72 50
OPEN BOARD.
Lower Mammoth. 600 al SIC
May Day. 500 at i6tc. BUYER sixty
DAYS
MAY Day. 1000 at lsc.
Opohongo, 1000 at Ice
Prince Consoiidat cd. 200 1T tl12s
Sioux Consoida ted. 1000 at 2sc
Sioux Consolidated 400 at Sc.
Iron Blossom, 500 at s1.123
United Tiniic, 1000 at &c.
Utah Consolidated, 1000 at lac.
Wllbert, 500 at Zoe
New York, 1000 NJ sc
Colorado. 1000 at isc
Swansea, 1000 az sic.
Shares cold. 1850 Selling value.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-09
Total liabilities

AS compared with The previous last bal-
ance sheet OF December 81 1911, the as
sets OF the company show an Increase OF
Sl5i 346. and total liabilities. including
S446 991, the amount OF the last dividend
show an increase OF the same amount.
The net earnings OF operations for the
six months amounted to s146,T43. the total
gross earnings being s6l3 Ss3.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-09
STOCKS, BONDS, GRAINS,
PROVISIONS, COTTON.
James A. Pollock & Co.
BANKERS AND BROKERS,

BANKERS AND BROKERS,
1855 south Main Street (Felr eIc7).
Salt Lake City.
Direct Private Wire TO ali Market.
Duplex systom-One Relay to New York
and Boston
Correspondents Members all ErchengeA
Stocks Carried on Liberal Margins.
Specialists In Mountain States TsIophona
and telegraph.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-09
NOTICE OF DELINQUENT ASSESS
ASSESSMENT NUMBER Z

Abraham Irrigation Company. princl-
pal place OF business. 35l South Main
street Salt Lake City, Utah Notice.
There are delinquent upon the following
described stock, on account OF assess.
ment No. 7. levied on the 26th day Of
August, 1912, the several amounts SCI
opposite tho names OF the respective
shareholders as follows:
No Cert. Name. No. shares. Amt
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-09
Ore and Bullion.

The ore and bullion report for Friday.
given by Mccormick & Co. wac az fol-
lows: ore received, S45. 900: bullion
shipped. $4,000. total $50. 900
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-09

and IN accordance with law. and an or
der OF the board OF directors made on
the a6th day Of August, 1872 SO man.
shares Of each parcel OF such stock as
may be necessary. viii he sold a the Of
nee OF the company, No. 351 South Main
day OF November, 1912. at the hour Of
. p m. 10 pay delinquent assessments
thereon, together with the cost of ad
vertising and expenses Of the sale
CHARLES TYING. Secretary.
Abraham Irrigation Company
35l South Main St. Salt lake City, Utah
Sale date. November ~. 1872 Q D. m.
l,Dl
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-09
Ore Shipments-

The Utah ore SamplinE company on
Friday released s cars OF ore from Utah
from Nevada, from Colorado and ! car
from Idaho camps.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-09

The American Women's league will
hold a rummsge sale at 3I5 South Main,
Saturday. November Q. Sale opens at
$3.50 a. III. ADVERTISEMENT
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-09
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, 1912-11-09
Effective May 10. 1912.
DEPART 0aII

ACCOUNTS SOLICITED.
National Bank of the Republic
a thoroughly modern savings depart e
ment conducted In connection with hi,
bank safe deposit boxes for rent U. s.
Depository.
Frank Knox, president; James a. Muir
ray, vice PRESIDENT; w. =. EarlS, cashier;
Z. a. CuIbertson, assistant cashier
Capital paid in. 5000. 600. Interest paid
On time deposits.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-09
Boston 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, 1912-11-09
CALAVERAS COPPER
ORE AVERAGES WELL

The Calavsras Copper company, now
smppirs 10 tho kennett snelter OF the
United states Smelling. Refining and
Mining company. has reported on the re :
turns OF five cars Of copper orc. consist
ing or 25's tons The net returns were
fos9l, averaging s2A5g per ton. The low
est car was worth sl0S5 net. the best
was worth Slisf, the first car holding p
little over f5 tons and the last close 10
- tons. Six or eight additional cars Of
approximately like values are being set :
tied for Al the present time giving the
company production ~ present al the
rate or s.o0o.o pounds OF copper an
uuslly.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-09

Net surplus for the quarter. 81. 744,O61.24
Tho above earnings are computed on
the basis OF is62s cents per pound Tor
copper. which is approximately one cent
less than the average net sales price
for the period. At the close OF the quar-
ter. no copper que for delivery from the
refinery remained unsold.
There was removed during the period
q total of 1.40S, i33 cubic Yards OF cap
ping as compared with l.5S9,6iS cubic
yards removed during the second quarter
or 1872 The decrease OF iS1, ,5l5 cubic
yards was due 10 all work at the mine
having been interrupted in September on
account OF labor disturbances.
The Magma plant was In full operation
during the quarter until closed on ac-
count Of cessation OF ore shipments from
the mines az a result OF circumstances
hereafter explained. The thirteenth and
last section Of the Arthur plant was
started early in September and nothing
in the wav OF construction remains to be
done at either mill excepting the compile
ton Of the Improvements in the coarse
crushing departments now In progress at
both OF them, which work is now nearly
finished
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-09
Neyadas in San Francisco

NeVaQas 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, 1912-11-09
Metal Market.

The metal quotations for Friday. posted
by Mccormick & Co. were as follows
silver. s2sc; lead. $50; copper. 1i7.l2l.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-09

New York Mining Stocks.
James A. Pollock e Co. bankers and
brokers, furnish the following. received
over their private wire yesterday after
noon:
NEIN N0pL. ISnL,rA cn,GGL.s