davidaulloa/AmericanStories huggingface dataset:
BoletiÌn mercantil de Puerto Rico. (San Juan, P.R.) 18??-1918, 1912-04-03
La senorita Cotton

Esta tarde saldra para Jajome alto,
donde pasara varios dfas, La bella seiio-
rita Cotton, hermana del Gobernador
Con este motive ella no podra recibir
manana, como de costumbre, sus nu-
meroSaS amistades.
BoletiÌn mercantil de Puerto Rico. (San Juan, P.R.) 18??-1918, 1912-04-03
Las listas electorales

De acuerdo con la ley aprobada por
la Legislature pasada, han sido elimi-
nados de las listas electorales cincuen-
la ocho mil electores que no votaron
en- las ultimas elecciones Para tcner
derecho al voto tendran que inscrihir-
Sc nuevamente.
Aun faltan por eliminar de la lista a
los electores fallecidos, que seran dos
mil proximamente.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-02-27
COPPER AND COPPER
STOCKS FEATURED

James A Pollock y Co. bankers and
brokers, furnish the following. received
over their private wire yesterday after
noon:
Paine, Webber g. Co. Boston-Today
market was without special feature. The
Roosevelt announcement fell fat and had
no influence either way. Locally there
was good buying of Mayflower and Old
Colony, due to the receipt of the drill
core In Boston. The increase in Calumet
encouraging To holders Of copper stocks,
and we look for the other big producing
companies to follow suit. as the metal
market certainly warrants II. While VIC
don't look for any big rise in the mar
ket, we fesl very friendly 10 the long side
on all reactions.
general expectation that the supreme
court would make known It's findings in
the matter OF the railroads today, but
such did not prove to be tho case, and
the labor unrest was Of an unsettling
nature. still. except for a burst of ac-
was just about ms lifeless as it has
been during the past ten days. The liGui-
datiop in Republic Steel Issues appeared
to have run its course for the present
but pressure on the Central Leather is
sues was quite pronounced and seemingly
efforts are being made to force TO a
lower level the shares OF those COM
panles whose earnings under existing and
prospective conditions don't appear TO
justify the belief that current disburse-
ments can be continued indefinitely. Such
selling as that referred to above would be
in the nature OF a cleaning out process
and place the market as a whole on IA
firmcr basis, Politics labor unrest and
the conditions in Mexico are still the
disturbing influences. but Judging by the
recent action of security prices sentiment
has become so decidedly pesslmist'c and
oue-sided that It may not be advisable TO
follow the selling side too closely on the
decline,
Hornblower e Weeks. Boston-Under
the lead OF May1oWer and Old Colony
Boston coppers were strong and advances
in the general list ranged from fraction
10 over point The dividend increase
in Calumet &: Fccla had A good effect
upon that stock. Although Mayflower has
had good advances the buying continues
of the best and tho feeling IS decidedly
bullish. with very little stock offered.
While we may get some slight setbacks
from time TO time best judges are taking
advantage of these prices to buy,
Gallagher, New York-Curb market dull
and slightly lower. No news 10 account
for weakness, Balance Of list outside
Of Girou2 held steady. Think market 3
purchase on any slight reaction
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-02-27
COPPER OUTLOOK IS
VERY ENCOURAGING
Only Uncertain Factor in Sit
uation Is knowledge of
Invisible Supply.

That the copper situation looks very
encouraging. aud that, statistcaIly, the
metal has never occupied such "A strong
position since the Inauguration OF the
American Copper Producers association.
Was tho statement made on Monday ny
Henry Krumb, tho mining engineer, who
day after a several months swing around
the copper circle OF tho southwest. The
only unknown factor in the copper situa-
ton. continued Mr.. Krunb was the In
visible supply, but this is impossible of
calculations and even ~ IL was known
positively the lack oil all previous data
In regard 10 the same item would pre-
vent comparisons Of the essential iin-
portsucc.
II has been siX weeks since AIr. Krumb
left Now York. hut lie does not believe
that the generally held opinions Of the
general business outlook have been
changed greatly In that time. After the
presidential nominations have been made
the industrial world. he believes. VIII
know enough ot the future policy or
either leading political party 10 begin
changing for The better.
Mr.. l[rumb was one OF the first cnsi-
neers 10 report iaNorably upon the Mag
ma Copper property of Arizona. which
is becoming known one of the most
renarkabl" propositions of'the Industry,
owing 10 The wonderful value of the ore,
~ h'il tiit ''utll hpl'li'Spl 'll'l'eAS Uut
chased this property IL was what Mr..
krumb terms q long shot, for the deepest
Work done was Ia the ;O0-fooI level
where the orc was completely oXidized.
the orc occurring then in punches,
But what WAS depended upon entirely
was the fact that the geological condi-
tions were iine: they could not be better
anywhere The property holds a lime
stone and uuartZitc contact which Is
underlaid with diabasc. all dipping 10 the
east These formations are cut by an
east and west porphyry dixie and issure,
the copper orc occurring In the dixie.
The present owners have demonstrated
some fine ore on the $50 and 500 levels
to the present time. Tho Magma will
be developed considerably set before the
owners determine the future policy OF
the company.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-02-27
History Is Romantic.

rhe history Of the property is sur
rounded by romance. Bullion was shipped
out In the earn days In tho form OF
heavy cannon balls in order 10 evadc the
evcr-present danger of losing it at the
hands of road agents and despcradoes
who infested the southwest at the time
and who drow their cbief revenues from
holding up bullion shipments. The total
production Of the mine is estimated
varying from 5000, 600 TO SO. 600 900
There was d mill on the ground and u
smelter, the product being reduced to
bullion in the cannon bail form men
toned. and tales are told OF the miners
rolling these balls down the mountain 10
hasten th. work OF loading them for
transportation.
The old reads have long since disap-
pcared. and access to the property is had
by trails, but the new owners VIII pro-
ceeo to make good roads. The mine is
eleven miles from Ballarat and seventy
miles from RandsburG. the nearest rail-
road point. The property purchased by
Mr. Myers now consists Of thirty-four
claims. al OF which are patented Pro
tracted litigation has been a factor tnat
has stood In the way OF developing the
ground. but Mr. Myers has finally brought
about All adjustment OF all legal diff
culties and cleared the title of all aucs-
ton OF cloud.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-02-27
COMMENT ON RED
METAL CONDlllU

A prominent copper au'horiV w
following TO say about tue 'Op'
look; .d AZ
81 have bocn greatly aIn,Ioa aIn,lIsua 10
com n,ent ] have heard IN aa ,eIathrrs| thrrs
MARKER conditions because, IN f}s
been a temporary falling on mi ~ ur
mapd. Apparently people oo No No n
stand tho copper business. bu
how large sales may be aut,o ai.n bu
movement or how cNtehsi' s,ops
movement may be. wneh ai,nrof 8
apDears TO be d genera OF q
settle around the ho'oe'' IL
shares. ,+., IL ductuau.
price moves I'm cycles. Ln in the \
do nor sell wool every osG1snt oa1 stsf'
Int whan a buying moveh,e."s tImc'
re n selI millions Of POUNDS Iu O. other
IL Is with pig iron ana nrice, and
nodiLles Of 1uctuatihS trsse Of co}
is With copper. In the excess e.
consumers bought far w "a stesdIlf
nsnts tions. and the resn1 al one
ni,res ainu stocks in the nahuS hIr de1
durInr interests. and tnIs tnIsnroysd pf!'
nuS,,raIIy nuI, brought about inpt tcSoppsr D
ha.T,Sn ..lr,,ora is more or less pisTnp1I
,udhesed abie al, the time, but ,ne slig1
dmllncss should not .bs natursl p
comment. for Il u ene nheuying uicls<
NAH OF a tremendous pp ,;rs nruduct<
which has taken the en.r un 10 April =
,he mines OF the oouht's y"
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-02-27
UTAH COPPER MINE
AND MILLS IMPRESS
Pope Yeatman Says Company
Looks Better Than Ever
10 Him.

Pope Seatuan, consulting engineer Tor
all the Guggenheim enterprises, and one
of the foremost engineers I'm his profess
sion, was a visitor In Salt Lake City
Sunday and Monday route east from
the Nevada Consolidated properties at
Ely. Sunday afternoon Mr.. Ycatman
visited the Utah Copper property and
Garfield plants and to The Tribune yes
terday lie stated that this was a tremen-
dous and a highly successful enterprise,
which impresscs one the oftener he sees
it. lie intimatcd, too that the Utah Cop
per was OF such 4 size as TO be equal TO
all the other porphyry propositions put to-
sether. This company, he added. was
doing magnificent work in all its de-
partments,
dated company is operating in a very
successful manner, All eight sections OF
tho concentrator arc in operation. and
one of these sections is 10 be devoted
exclusively to the treatment OF the ores
from the Veteran property. another for
the treatment OF the ores from the Gil
roux, the remaining six to De used Tor
the steam shovel ores OF the Nevada Con-
soIidated company itself.
This means that no additional section
or sections are contemplated at the mill
at this time, although such has been
freely predicted both east and west since
the GirouX orc contract was admitted.
Mr. Yeatman stated that the cost or
producing the Veteran copper naturally
was higher than from the steam ShoVei
work, but the ore is worth more per
ton, owing to its better copper content.
This difference in cost Is q matter Gre
ating considerable interest in the copper
circles of the world right now, but the
situation has hardly had time as vet TO
work out in a manner JustifyinG pupllca-
ton
At the Braden property, said Mr.. Yeat-
man. three sections OF the new mill are
operating, the smelter and converter are
In service and the company Is now pro,
ducing blister copper. One additional
section OF the new mill remains TO be
placed into commission soon. Mr. Icat-
man left last night for the cast.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-02-27
Al MYERS BUYS
PANAM|NT NINE
Old Producer, Whose Pallly
Days Are Wrapped in Ro-
nance, Changes Hands.
WILL REOPEN PROPERTY
Bullion in Early Days Was in
Cannon-Ball Shape for
the Mint.
REOPEN PROPERTY

There are several Salt Laksrs owning
property In the Panamlnt range Of noun
iains in California and they VIII read
the following from the Goldheld Tribune
with considerable interest:
T. * Turner. the mining engineer in
charge of the interests of Al ID. Myers
in Nevada returned from the south to-
day and brings news that Mr.. Myers has
completed the purchase OF the old Pana-
mint mine on the west slope OF the Pana-
mint range. near the foot Of Telescope
peak. and one OF the most renowned OF
fhe early silver bonanzas in the country,
Mr.. Myers has had the property under
bond for tho past nine months, during
which time he has had large force
of mon at work cleaning out the old
workings, which are on vast scale OF
magnitude. including slopes from 800 TO
500 feet in extent and opened to the sur
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-02-27
Developed Ore Tonnage.

In this report the developed resources
averaging 224 per cent copper measure
5t,970,S46 tons, $1,000, 900 tons Of which
lio above the level TO which the company
will mine by steam shovels. The report
also states that to the westward OF the
developed area scout holes indicate a still
larger copper ore tonnage, the limits Of
the ores having been we'll defined TO the
north east and south.
From the beginning OF steam shovel
operations to January l. 1912, 1,93S, 600
cubic yards of material were moved, Of
which quantity l,709. 900 cubic yards were
stripping and the remainder, amounting
To 3l7 900 tons. was orc which has been
stocEpiled. The average cost OF this
steam shovel stripping and mining was a
little over 81 cents per cubic yard.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-02-27
Strong Men Interested.

Associated with Mr.. Myers in the owner
ship will b. men of wealth, but Myers
Will continue IN absolute control The
property during its period of great pro
duction. was owned by former Senators
John ?. Jones and William stewart OF
Nevada and from it they reaped 4 large
fortune In tho period prior TO the de-
moneti1atiou or silver Tho mine was
closed down in 1899 and has remained
tje until Mr.. Myers secured his bond
and began prospecting and sampling the
property.
With the fall in the price Of silver
and the resulting s1ump In the silver
industry the Panamint country. i'll coin-
mon with all silver producing districts
of the west. acquired a black eve and
capital could not be induced In. invest in
that district. particularly In view of It's
isolated situation. Death Valley is on
the cast side OF the great Pauamint
range of mountains, and, while the east
side is n waste utterly devoid of water.
there is an ample supply on the west
side. The property is In Invo county
California. and not far distant from the
Nevada BOUNDARY.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-02-27
INSPIRATION IN NO
HURRY ABOUT MILL

An engineer acquainted with the op-
erations OF the Inspiration Consolidated
company stated Monday that saarchold-
ers have no reason TO feel impatient
about the DELAY in whipping tho big CON
centratinE plant into rounded form He
believes ic will he sixty days yet at least
before actual work on this plant will be-
gin but when IL does start tho manage
1nent Will know exactly what IL wants
There VIII be no necessity for altering
tho mill, as the company has the bsne-
tlt OF the experience Of the Utah Con-
per. Nevada Consolidated. Miami Raw
Consolidated and Chino companies The
mill therefore. is unuucstonably 10 be
Etruclsd anNWhnre -
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-02-27
CON. SELLING
MORE FIIGH-GRADE

The Alta Consolidated company has
cleaned up another lot OF fine grade ore
at the sampler, another lot is being set
tied for at the present time and stilI
another shipment is in the bins and en-
route down the canyon. The company
Is certain OF netting $4,000 for February
and a great deal nlore would have heen
added had not the storms made ore
hauling difficult all the time and impos-
sible Il part Of the time.
Three raises are being driven ON ore
over Il distance OF about 80 feot on the
trend OF The I!sSurc. and while over $50
ooo worth OF ore has been mined no
raise has progressed over sixty feet from
The main tunnel level
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-02-27
MASON PLANT GETS
PLENTY COPPER ORES

The Mason Valley News gives the cop
per ore shipments 10 the Mason Valley
custom smclter at Thompson for the
week ending February 20 as follows. From
the Mason Valley mine. 1850 tons: from
the Nevada Douglas, 1883 tons. During
the same period six carloads OF copper
matte were shipped from the smelter
to the American smelling plant at Car
field Utah
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-02-27
BELMONT COMPANY
POSTS ITS DIVIDEND

The regular quarterly dividend OF 20
cents a share was declared Monday by
tho Tonopah Belmont company. calling
for the payment Of s3l5,oo0. which will
bring the total dividends of this COM
pany to date to $2S43.00o. The com
panv In a few weeks will have its new
mill in shape for operation. when the
dividend money will come far more
abundantlv than II ever has IN the past
although present earnings are well in e&-
cess Of dividend requirements
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-02-27
MIAMI DIVIDEND Is
TO BE FIFTY CENTS

J Parke Claiming. vice president OF the
Miami Copper company, has gone on rec
ord as stating that the coming initial
a share and that II viii be in the nature
Of quarterly disbursement. The Miami
is far enough along now 10 ioiu the
dividend paying propositions at any time
and It will be the first OF the new Ari
zona coppor producers 10 enter the list.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-02-27
MARKET STILL HAS
DRIFTING TENDENCY

There was practically no change In the
local mining share list on Monday the
market continues its drifting character
and price ranges are well Within limits.
The total sales yesterday Of 81 $50 shares
Of stock had market value OF SS5i1 The
following We're the closing unlisted and
listed stock transac tons:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-02-27
P|OCHE AFFAIR IS
BEING CLEARED Up
Tangled Conditions VIII Soon
Assume Proper Shape, Is
the Report.

The Foohe Record has received definite
news from the east regarding the un-
tangling of the complicated Nevada
Utah affairs, and il has the following to
say about the Ohio Kentucky end OF this
matter;
1t will be interesting 10 readers of the
Record to know that the claim of tho
Godbe interests for Sl25, 900, which came
about through the merging OF the Ohio
Kentucky Nevada interests in the Ray
mond e Ely and other properties and the
formation OF tho Amalgamated Fiochc
company has been settled. The Godbo
interests have agreed to buy back S1o5, 600
worth OF stock in the Ohio Kentucky,
and while this block of stock will not
give them tho control Of the Amalgamated
Phoebe, they Will have at least two rep
resentatlves on tho board OF directors.
BY reason OF the settlement OF this
claim. the Godbe interests Will release
the securities placed in their hands as
Nevada Utah note and which was exc
cuted by the Wooley administration.
The collateral consisted OF all the stock
Of the Piochc Pacific Railroad company
and one-half the issued stock OF the
Day Bristol Consolidated Mining com
pany, Practically every other Indebted
ness incurred by Woolley has been ad-
justcd or liqudated in one way OF an
other,
This is all good news and with the
Prince Consolidated railroad now build
Ing, the resumption OF operations at the
Prince mine upon a. much more extensive
scale than at anytime heretofore, the
plan OF the Phoebe Demijohn company to
increase it's activities. the probability OF
The Pieche King. PIoche Metals. Mendha
and other mines starting up again. and
with the Day-Bristol, Plochc Coalition
and others putting on a bigger head OF
steam. the outlook for the future OF Pi-
ochc at this timo Is indeed bright.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-02-27
MEXICAN MINES IN
NO DANGER AS YET

a director OF the American Smelling
&c Refining company informs us that they
are in receipt of telegram from Mex
leo stating that all Of the five plants
OF the American Smelling & Refining
arc in operation and that no
has been experienced owing to
the Mexican situation, say Thompson.
ToW1e & Co
At chihuahua, where conditions we're
reported to be quite serious a week or
ten days ago, the situation has now
greatly improved and no interference with
operations liz anticipated. A, tho Mate
nuaIa smclrer some time back a little
difficulty was encountered as regards
shipments. but this. however, was very
quickly settled by the government dis
patching troops to the scene Of the dis
turDauce.
The outlook at the A. S. e R Co, s
plants In Mexico. both as 10 the COM
pany's mines and for custom smelling
business. is very favorable in fact, ac-
cording to the engineers, better than it
has been for a considerable time and
the management believes II operations
are not handicapped by revolutionary
troubles that tho next few years should
be very profitable ones as far as Mexican
operations are concerned.
The American Smelling & Refining
company has five plants in operation in
Mexico namely. Monterey. AgDas Call
ientes, Nelardena, Matehuala and Chi
huahuas while the FL l'aso plant does con =
siderable Mexican business,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-02-27
Ore and Bullion.

The orc and bullion report for Monday.
given by Mccormick & Co. was as fol-
lows: ore received. 100000, bullion
shipped. 10000, total, sls0,oo0.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-02-27

MORNING SALES.
Colorado. 200 at 36Ic; zoo at Csc.
Consolidated Mcrcur, 400 al iC
Iron Blossom. go al si."J; 700 at SIZE.
Lower Mammoth. 1900 at &c.
New York. 800 AT lc
Ohio Copper. 400 ~ y1.225
Opohongo. 1900 at iSc.
silver King Cons, 800 at sl.o5; 800 at
5l0Il.
Swansea. 900 Al sc: 900 a sc.
Victoria Consolidated. 1000 at CSC.
Shares sold. 1890.
Selling value, s35nS.5O
OPEN BOARD.
Iron BLOSSOM. 100 AT sl.25
MAY Day, 3Oo0 at ljc.
Prince. 500 at sl15i.
Tintic Cent. 1000 AZ Sc.
Uncie sam. 500 at 3tac.
United Tiutic. 1000 az Ec.
New York. 1000 at &C.
shares gold. 10000.
ceiling value. &35ii
AFTERNOON SALES
Cedar Talisman, 1000 az 2;c; 500 at 2tc.
Colorado 200 at 35lc.
Lower Mammoth. 1000 Al i5C
May Day. 1900 AT iSC.
Opohongo. 1900 at 1sc,
swansea 1000 al J,c
Tintic Central 1000 At SC.
Wtlberi 1900 Al 96c.
Shares sold, 1880.
Selling value. sl3Sp.5O.
OPEN BOARD
Colorado. 800 at 36ic.
Lower Mammoth. 1000 At &c
New York. 1000 at &c.
Swansea, 1000 at &c.
Uncle sam. 1000 at 23lc 300 at JOc
PioChe Demijohn, 20nu ~ lpc.
Shares sold. l1.50o
Selling vuluc, Sll52,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-02-27
Oya SbipmeIlts'

The Utah ore sampi,tf'so l NJ ore from.
Monday released I GERS md ~ cars
= ,''.a rnrs from Colorado 'e"0
Nevada canlns,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-02-27
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, 1912-02-27
Metal Market.

The metal quotations for Monday,
posted nv Mccormick g. Co., were rs fol-
lows: SiIyer.' 5sic; lead 81; copper $3.50.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-02-27
Low Costs Assured.

"As previously stated, the tonnage is
being Increased as rapidly as possible,
and We expect within n short time 10
have two sections operating 10 their full
capa city. and that The third section Will
be operating 10 capacity by the end Of
March With two sections only operat-
ing al full tonnage, the cost OF produc-
Ing copper viii not exceed : cents per
pound on the inferior quality Of ores VIC
are now handling. Tho cost per pound
OF copper would have been substantially
less than cents per pound had VIC been
able TO operate the two sections of the
plant at full capacity during the month
Of January.
mo difficulties OF any cha racter have
been experienced I'm the operation Of the
mill and no alterations OF consequence
have been or VIII be necessary in it as
originally designed and cons tructed and
barring the necessity Of starting opcr~
ations on an orc that does not permit of
high recoveries, there have been no Un-
satisfactory conditions or circumstances
Of the min and mines to date
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-02-27
CHINO COST WILL
Be VERY SMALL
Seven Cents Cost Pound
Soon Expected on Poor
Grade of Ore.
MAY BE EVEN BETTER
Resources to Westward VIII
BE Added to Developed
Area in Time.
MAY BE EVEN BETTER

Conaide derable attention has been attract
ed 10 the earning capacity of the Chino
Copper company as based npon very
low cost of production, and The impress
sion is we'll ccmented that the Chino vs.
destined to lead all the producers In
its costs. The quarterly report of this
company, issued OH February IA, had the
following Ia say regarding costs:
eat tho time of writing this report the
final figures Of costs and earnings FOR
January are not available. but we esh-
mate that the cost of producing copper
for that month Will not exceed that OF
December. or approximately "a cents per
pound in which event the profits from
the operation OF two sections for the
month will amount TO over $50, 900, oI ap-
proXimately 81. 10 per ton Of ore treated.