davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-07
WE ARE SETTLING
DOWN TO BUSINESS

James A. Pollock & Co. bankers and
brokers. furnish the following, received
over their private wire yesterday after
noon:
Paine webber 8: Co.. Boston-The To-
cal market was more active today than at
any time In the past month. All classes
the most part showed advances. We
look for a. continuation OF the present
activity for higher prices next week.
rent week has witnessed a y resumption Of
the bulish activity and also of the rise
in the security market Advancing ten
dencies halted for a time last week ow-
Ing to the fact that the generality Of
traders were disposed to the view that
the advance which, up to that time had
been recorded, had In great part meas
ured the betterment which had taken
place In general trade and sentiment. The
fact that the Steel issues during the
previous week were disposed to lag had
much to do with creating the Impression
outlined above and, therefore. when with
In the current week the same displayed
buoyancy and advanced In keeping with
the upturn In other quarters. aggressive
ness on the part OF the element operating
was reflected by marked increase In the
outside.
Seemingly many OF those factors which
have been reokoned as exerting an ad-
verse influence on finance. trade and In
dustry have In great part spent their
force. for OF late little attention has been
paid TO political developments or TO labor
agitation. This Is not to say that politics
Will not, before the conventions have TO
again be reckoned with nor is II TO say
that the trade and industry Is not likely
to be Influenced by the curtailment of
operations incident to labor strikes, but
1t Is to say that feeling OF cheerful
ness has apparently permeated the rank
and file of business men and that the
majority are disposed to look forward to
the future with hope and with the con-
viction that in the end the sense OF the
American people will overshadow the dis
satisfaction and distrust which has been
efforts to secure political advancement
at the expense Of the national welfare.
Advfces from crop sections are COM
manding quite a little attention but de-
spite the fact that farm work in certain
sections he's been retarded by excessive
moisture 1t Is the impression in good
quarters that conditions. taken as a
whole are rather satisfa ctory though,
perhaps. somewhat below the average for
ouestionably, II such should be verified
by the government report the disposition
in the stock market to promote an upward
movement In the grangers Will he quite
pronounced. In the above connection IL
may be well to pay close attention 70
Atchison and also other southwestern
lines as the crop prospect generally has
a distinct bearing on the course OF those
lines in the stock market While moder-
ate distribution has been accomplished
We believe that the trend of the stock
market is still upward and that & SUB
stantially higher range or prices will be
recorded In the absence Of unforeseen oc-
currences Of 4 disturbing nature. We are
bullish on Steel
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-07
MASON VALLEY PLANT
MAKES RECORD RUN
Over Seven Hundred Tons of
Ore Handled in One
Days Time.

The manner In which the Mason VAL
ley smelter has exceeded all the original
expectations OF the company is one of
the much discussed features Of tho PRES
ent -dey smelling OF copper ores In the
west When tho plant was designed It
was determined to put two furnaces In
al first, each furnace having a rated ca
pacity OF 400 tons OF ore day. Tne
company has one furnace In operation
and the tonnage handled by this ini. :.
tial furnace Is nearly double It's rated
The local offices of the company for
instance, received word on Saturday that
abou, abe ntsa ss5 tons, While "t the dag following
7os tons were handled successfully. This
means orc. not orc and hux combined
Those connected with the company are
certain that the furnaces can be brought
up TO at least 500 tons OF ore daily each.
and no one connected officially with the
Mason Valley company stints his praise
when discussing this feature OF the or
ganization. credit being given with a
generous and righteous hand to Cen
eral Manager Jules Labarthe.
To the sintering plant Installed by this
company Is due In part the credit for
the good work being done This plant
has not been doveloped as yet to It's
maximum efficiency. but Its successful
more orc being handled than antici-
pated. When the sintering section Is
brought to Its ultimate capacity and de-
gree OF efficiency II will have still fur
ther favorable influence upon the ton
mage capacity Of the smelter.
Tho smelter was erected for the pur-
pose Of handling the copper ores Of
the Mason Valley and the Nevada Doug
las companies. Both these mines are
greater today than they were when tho
snelter plans were drawn I'D. so the
plant Is securing all the fne smelling
copper rock II can need. But Manager
Labartho Is opening his ore bins to
everyone In that section and he is get
ting as much as 140 tons daily from
mines outside OF the two mentioned.
The Mason Valley company is In ideal
shape throughout
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-07
UTAH UNITED IS
SUBJECT OF DEA|
Jesse Knight Secures Lary,
Block of Treasury Stock
on Saturday.
DEAL AFFECTS CONTRO]
Splendid Showing Already
Made on Property in
Beaver County.

BY a deal that was oonsummatsa A
Provo Saturday morning, Jesse Hnixhs
becomes q substantial shareholder OF A.
Utah United Copper company; seourtur
100000 shares Of the treasury stook aud
under the terms Of the deal stands to ss.
euro the control Of the organization NV
the and of the present yea-. Tho Csah
United property Is located In the Bssvs,
Lake district OF Beaver county. and ths
return OF Mr.. Knight and his associated
TO THAI section OF mineral Utah Is a al
cidedly encouraging item for the county
as we'll as for oil who are interests Al n
this one proposition.
There crosses the property for saysru,
thousand feet a gigantic contact betwesn
lime and granite which "a cut by !nunsn .
erable crossfissurcs, The company dur
Ing the past three years has expendsA
about s26, 900 on development work. hav-
ing the main shaft to a depth Of lfe
feet.
On the s6o-foot level Of this shaft IA
vein showed for width Of fourteen sset
at tho east face. twenty feet at the shafl
and twenty-one feet at tho west SaoA.
and at on point were either Of the vail
brought to View. The vein carries sub,
stantial copper, gold, silver and iron val.
uee. but tho management. and especially
General Manager A. J. MacMullan. is pos.
tive that ct the h70-foot level the zons 81
secondary enrichment will be found, oo
no effort has been made to prepars shs
mine for production Of the $50 level ora
Dlr MACMILLAN will continue In the o.
pacity OF general manager. and within I
day or two he will leave for the property
for the purpose OF increasing the pressni
working force. The company is free from,
debt. Is assured OF working capita
and has demonstrated mineral zone "a
which Il Is certain q fine amount Of MIN.
eral OF great value will be enoountersd
The property is located within 1000 Zee.
Of tho Copper Mountain property and
within three miles Of this Majestic.
The Utah United company Is capital
lied for 900, 900 shares OF stock, OF whtch
203, 900 shares were issued prior 10 ttl
Knight purchase as above mentioned tn
principal parties In interest In the CON.
pany are A. j. Macmillan. A D. Mas.
Mullan and T. NJ. Farrell Of Pocatolo
Salt Lake. Milford and Montana numbel
the major portion OF tho shareholder.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-07
UNLISTED STOCKS IN
THE LEAD LAST WEEK

A very satisfactory week closed Sat-
urday noon on the local mining exchange.
the period closing as IL had continued
with the unlisted Issues In the feature
class. New York Bonanza was stronger
yesterday as the result Of reports that
the 2oO-foot level is showing decided
Improvement. The company hopes the
roads will be such that shipments can
be resumed soon.
Sales yesterday morning were for 3o,-
900 shares of stock. the market value Of
which was s59s4.5o. bringing the weeks
total sales to 252, ,l95 shares, with a mar
ket value of $685.
The following were the closing unlisted
and listed stock transactions:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-07

FORENOON SALES
Beck Tunnel 1000 at 1sic.
Colorado, 200 at 211c.
Grand Central. 200 at 7lc; 100 at 73o
Iron Blossom. 800 et 81 .275.
Lion Hill. 1000 at 3ic; 1000 at Sc; 1000
at 33c.
May Day. 1000 at i4c.
New York. 1900 at Sc: 1000 at 77c: 1000
at Sic. buyer sixty days: 1000 at 7sc.
Ohio Copper. 100 at 81 .sa.; 400 at s1.s5.
OpohonBo. 1000 at l6ac.
P1utus. 1000 at 7ac,
Silver King Con-. 200 at 81 .014
Swansea. $500 at Sc.
United Tiutic 1000 at 1c-
Utah Con, 1000 at 55c.
Union Chief. 1000 at &C.
Victoria Con. 1000 at 6sc.
OPEN BOARD.
Iron Blossom, 200 at 81 .511
United Tintic. 1000 at &c.
TOTALS,
Regular. 2s.5oo shares for Stlzg.
Open. 400 shares for 1855 so.
Total. 300 shares for s5eS45o
WEEKS TOTALS.
25s.l95 shares for s6o.575i5.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-07
.Sl.306,44S Sl,309.44S

or the above companies several have
failed to declare dividends or TO promise
them for 1912, but there arc other COM
panies being rounded out for dividends
clearly justified by developed resources
and present earnings. number OF the
most generous payers Of Tintlc have
been compelled To cease the payment OF
dividends pending deeper development
work, the installation OF new and more
powerful equipment and the payment OF
the consequent debt incurred, In n mum =
Der OF instances this policy is resulting
very favorably. and Tintic soon should be
the homo OF several additional profit
sharers
The old-time bread winners that are
busy and whose sponsors hope for a re-
sumption soon Of dividends are legion
and the following may be mentioned as
an Illustration: Grand Central. Victoria,
Mammoth, Lower Mammoth May Day,
Uncle sam. Yankee, Beck Tunnel Black
Jack, Gemini and Godiva. Among the
new propositions expected soon with div
idends are the Dragon Consolidated, Gold
Chain. Chief Consolidated and Eagle and
Blue Bell.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-07
Ore Comes From Butte.

clippers. II is understood. from as
far away as Butte are taking advan-
tase OF this Salt Lake zinc market. and
It's Importance promises TO grow IN pro-
portion to the benefits obtainable.
II has been generally understood that
the local smelters are showed under with
an excessive amount of lead sulphide
ores. but Midvele resident assures The
Tribune that this does not apply 10 the
United States company. which is in the
market for al the lead rock poaslhla
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-07
PROFITS Of T|NT|C
COMPANIES GIVEN
Dividends During Past Two
Years Practically Were at
Standstill.

The Tribune has been requested to
give the amounts paid in dividends by
tho Tintic properties during the years
1910 and 1911. and the reasons why the
camp Is not increasing Its dividends at a
faster rate than now obtains The fol-
lowing table gives the dividend payers
Of years mentioned and tho amounts
they distributed;
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-07
CONFERENCE RATES,
Via Oregon Short Line.

The usual low round trip rates viii!
be made. Tickets on sale from Ogden
and points south, April 8 TO 7th, in
elusive. limited TO April 18th. From
other stations April End to 9th, in.
elusive, limited 20 April 18th See
agents for rates and further particu-
lars
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-07
STOCKS OF COPPER
ABROAD DECREASING

The following fortnirht'y statistics on
the visible foreign copper supply. given
In pounds for the present year. COM
pared with last yca-. show an unaltered
degree of foreign consumption which ~
illustrates the foundation for the present
stin copper metal market;
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-07
Ore and Bullion

The ore and bullion report for Sssx
day, given by Mccormick & Co.. was O
follows: Ore received. $40 900, ounsoI
shipped, $50, 900; total, 10000.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-07
ZINC MARKET At
SALT LAKE IDEAL
United States Cornpany's
Mill at Midvale Saving
Money for Producers.
LOWERS OUTPUT COST
Product of Mill Benefits
Smelling of Lead Ores
as We'll.
LOWERS OUTPUT COST

N Is peculiarly appropriate these days
OF extremely favorable zinc metal prices
that tho local market facilities are more
ideal than they have ever been. the 10
cal producer no longer being forced to
forward his hish-grade shipping zinc
ore. or his low-grade Elnc-lead ore. 20
distant smelting fields with tho accom-
paniment OF excessive freight rates.
Attention was called several months
ago to the success OF the Da,y-JudEe
company In securing one OF the most
satisfactory lead ore contracts ever oo-
tained In this state, the other party to
the contract being tho international
known that the Daly-Judge company
has succeeded in neSotiating another very
gratifying contract. this time for Its
zinc product and with The ., United States
Freight Rates Saved.
Tho Deb-Judgs and other Utah COM
panies are finding an adequate zinc orc
market right st home, the freight rates
s sa ss n MNs. ssH to behs ths mn9a q per sfss ton
against rates OF $3.50 per ton to the
BY the installation of the Huff electro.
Midvale the United States company
opens a market for suoh product as
the Daly-Judge can mako. running from
20 TO % per cent zinc. the ore be1nR
reduced to an extremely high-grads
product with the elimination of all other
metsls, Tho lead. gold nnd silver values
arc extracted with the iron. giving to
the United States company a highly de-
sirable smelling product for use In It's
lead plant This material reduces the
amount Of barren iron fiuxes which the
United States company heretofore has
besn compelled to purchase. so the bene-
fts derived all around are q vast I'M
provement over past conditions for ev-
eryono concerned.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-07
Metal Market.

Tho metal quotations for SATURDAY
posted by Mccormick & Co, were as fol
lows Silver, 6sic; lead. s&.2O; copper
Sl5215
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-07
New York Mining Stocks.

James A Pollock G. Co. bankers and
brokers, furnish the following. received
over their private wire yesterday after
noon.
NEW YORK LISTED STOCKS.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-07
Other Valuable Assets.

"The water power already developed on
the property operates a hydro electric
plant and has furnished all the power re-
quired for driving the tunnel. Incidental
transportation, and Is sufficient for all
future mineral and milling purposes, and
viii leave surplus for sale for power
and other uses. In addition to the above
timber lands. water rights. and ability TO
operate. which with the tunnel Insures
low mining cost. the Utah Metal Mining
company owns pra ctically the whole OF
what Is known az Middle canyon. TooeIe.
which offers ample room for the con-
struction OF mills and buildings OF every
description that ever may be required.
The holding OF these properties in ono
ownership makes a complete working
property, capable Of profitable develop
ment, which was not possessed by any
one Of the companies owning the sepa-
rated portions above described
TT must also be noticed that none Of
the property OF the Bingham Metal Min
ing company. nor the timber lands OF
water rights. nor the tunnel. are includ-
ed in either OF the mortgages on the
Bingham Central or the Bingham Stand
ard Copper companies; so that the new
mortgage for refunding the present ones
covers a much larger and more valuable
and available property than the one In
cluded In either OF the present mortgages
A large proportion OF the holders of these
bonds have already signIfed their inten-
tion OF exchanging the bonds which they
hold for these new bonds of the Utah
Metal Mining company"
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-07
Boston 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, 1912-04-07

THE ART OF PRINTING
Would be lost in Salt Lake if the Gen.
tury were not in business. 55-57 Post
office place.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-07
Ora ShiDmentS

The Utah Ore Sempllng company on
Saturday released 10 cars OF ore from
Utah mining camps.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-07
Details of Bond Issue.

THE Utah Metal Mining company re-
quests holders OF the outstanding bonds
and the Bingham Standard Copper COM
pany to exchange their bonds for new
bonds OF the Utah Metal Mining COM
pany for the same amount. dated April
l. 1911, payable IN five years, with inter-
est semi annually at per cent, payable
April / and October ]. secured by the
same properties. namely, the Central and
Bingham Bin Metal Mining Mini company. eover enc
Ing timber lands and water rights; also
a hydro electric plant and all necessary
buildings located In Middle canyon, Too
ele. The total authorized issue is sS70---
these bonds are convertible at any time
into stock OF the Utah Metal Mining
se r.sson at 81 Fs4 n. shsrs ur. to profit
ably operate the Bingham Central and
their entire history has been because
bodies at depth, no dump room, no land
for mill sites, and no transportation fa-
clllties excepting at very high cost.
Whatever ore has been extracted has
portation or interest on the bonds. This
ls true as to both these properties. In
the Judgment OF the best experts the only
way In which these properties can be
economically worked Is by reaching the
ore bodies at depth through a tunnel
large enough for transportation. The
Utah Metal Mining. company In acquiring
both these properties purchased also the
property Of the Bingham Metal Mining
company which adioined both the Gem
trail and the Standard properties, having
much larger acreage, consisting Of valu-
able mineral claims, timber lands. water
rights, ample space and location for mill
sites In Middle canyon on the Tooele
side Of West mountain, and a tunnel
which at the time OF purchase was 1900
feet in length. Since acquiring these
properties the Utah Metal Mining com
peny has purchased other lands and
properties In connection with the pro-
result OF these purchases has been to
enable the Utah Metal Mining company
to reach It's ore bodies at much greater
depth than has ever before been attained
In this district. through a tunnel 8 feet
by 10 feet In dimensions. and now driven
and completed $500 feet.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-07

WITHIN the next rev Weeks the cOIN-
pany will have the benefit Of its new
milling plant which will embody all the
latest equipment procurable. This Is TO
ways, among which will be an increased
tonnage at a less production cost than
now avalls at the old plant, cutting of
freight charges on ores now being
shipped direct TO the smelters. while the
old mill Will be operated at q profit 20
the company as a custom plant. the
customers for which are many and ready
for the word to begin shipments With
these conditions. In conjunction with the
splendid reserves awaiting treatment, the
Belmont stands to experience a happy
year In 1912. the beginning OF a long
period OF usefulness.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-07
Bid. ASKED.
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, 1912-04-07

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, 1912-04-07

1912. 1911. Changes.
1925. .6ss. .ooo'is7, 797. .lz0lDec. 59,I0e. .I20
lI2i. $50, 900 1s5. .5t4, ,s60'Dec. 1855. $50
ll24. ESQ $50 Ils5, {4I. .760iDec 81. 1893. $50
'lls. to3. 200 lis5 .5si. 900 Dec SIS. 1908
lis. 7s9. TsGi SO. 294. .T20l Dec. s7,5ti.s60
li1{. i52. 500 'lsi. 100. 720iDec. 6s. 727. $50
.il2. 76s. .0S0l lls3. .0e3. .1ao.Dec. 70.S27, ,0i0
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-07

Total net income for quarter. s+7S, ITS. 80
The statement gives the available re-
sources OF the company as totalinS 81
293. 1880. which Is composed as fol-
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-07
BELMONT EARNS IN
EXCESS OF DIVIDEND
Last Quarterly Report Full Of
Good News for the
Shareholders.

with the payment Of the last Tonopah
Belmont dividend OF 20 cents a share.
checks for which were being cashed by
Salt Lake shareholders Saturday morn
terested the round sum OF s2.S43 900. with
conditions under ground the best they
have ever been In the history Of the or
ganizatlon. Accompanying these checks
was q financial statement for the quarter
ending February 20. 1912. which here fol-
lows
Receipts from sale OF ore. bull
lpnr etc VOW Ioi7 ~
Mining, milling and admtnis-
tration expenses ....-.s..... S87s60s. "
Net earnings for usrter. $3.50, 1f6 22
Miscellaneous income ... l5,031 3s
pF
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-07

UNLISTED STOCKS.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-07

g egomppstsd - that county next week
The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1912-04-13

the tower, and nearly completed, stood
the combination Office, living room
and battery house.
s.This building was a marvel OF
construction, exhibiting walls more
than three feet thick, corr oosed in or.
der Of tirA8er, tar paper,saelt and as,
bestos. Over the roof and around
each Of the four corners heavy iron
cables were passed and made fast, att
er which they extended to the ground
and were anchored in buried founda
lions of rock and cement.
THUS every precaution was taker
in constructing this desolate habita
ton to defy the cold and the winds
while in the cellar underneath SUI
fcient food was stored to maintain
those six polar prisoners through thu
weary length of the dismal night.
BY means of the wireless station
polar parties equipped with their owl
outfit can be traced and watched, ant
in case of danger can be located AM
reached. Greater risks can therefor
be taken and greater results be OF
tanned.
''Thern there Is the Commercial
phase of the subject. For as yo
know coal of a fine quality has bee
found in Spitzbergen, and even now a.
| Acknowledgements company is mir
ing coal here and shipping IT, to tn
continent at a handsome prohn,
i
The Donaldsonville chief. [volume] (Donaldsonville, La.) 1871-current, 1912-04-13

and did not hear him. When a chair
and a table began to float about the
room he made desperate effort and
raised his head upon his elbow. It
was this that saved his life.
Policeman Donovan and Frederick
Miller, chauffeur, both Of whom live
in the house, came through the base
ment and carried Frohman to safety,
Just as he had given up hope. The
water was then three and a half feet
deep.
Outside, the walk had been ripped
up and a stream was shooting 70 fees
in the air from bursted 1S-inch pipe.
Nobody knew how to stop the flow and
in was half an hour before the water
was shut off.
Meanwhile the Easements in all tl1e
houses in the neighborhood had beer
flooded and many tenants We're busy
carrying furniture into the street ant
to upper stories.