davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-03
YANKEE DUMP ORES
ARE NOT LIMITED
Two Months Supply Remain
Available to Take Care
of Finances.

1t will be welcome news for the stock
holders OF the Yankee Consolidated COM
psny to learn that the shipments OF dump
ore are 10 be continued bevond the eX-
pected limit, and that while the man
agement believed il would have all the
dump sent To market by March /. II will
take until May 1 at least 10 put the en-
tire tonnage within the jurisdiction Of
the smelters. This Is not due to the
company sending IN smaller tonnage
than was planned up 10 March so
much as II Is to the fact tnat there
liz moro OF the DUMP available under the
contract than was anticipated
II is these dump shipments which have
relieved the officials from assessing the
stock while doing the extensive new de-
ve!opnent work on the 1900 and 1900
levels. For several weeks these levels
have been looking especially encouraging,
showing q naturalization tnat promises
to open into commercial ore bodies at
almost any round OF holes These en-
oouraging conditions still continue with
out change. and the management has not
altered its opinion in the least. No one
knowing the elusive ore bodies Of Tintic
would despair at the DELAY in reaching
results. and the Yankee management is
pegging away with splendid chances of
bringing the desired results to View at
any time.
And this work will be supported for at
least two months vet bY the shipments
from the dumps referred TO.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-03
MAMMOTH CLOSES
A SPLENDID MONTH
About Fifty Cars of Ore Sent
to the Market in
February.

February was the most satisfactory
montn in a number Of years ct the old
Mammoth property OF Tintic. and as near
as can be sscerteined the management
got between forty eight and fifty cars OF
frst-class ore on the market before the
short month ended. One can hear all
sorts OF values given in regard to this
ore but one alleging to be in a posi-
ton TO know the facts fs authority for
the statement that this ore VIII average
$3.50 per car, The value OF the Feb
Tuary production. therefore, is very high.
and reminds many shareholders Of the
old times when the Mammoth was one
OF the steadiest OF Tintio shippers aud
dividend payers.
The conviction is we'll established that
should the ore now being mined be main
tained in all its integrity, as indicated
now In positive WAYS. the company VIII
be out Of the woods OF debt and far
enough in the sunlight TO punctuate the
arrival Of April with a dividend. Moth
ing brings dividends so near as generous
ore shipments. especially when the in
debtedness IS as limited as that OF the
Mammoth. and tho stock Is so closely
stsntly excites the market for this is
sue
There can be no doubling the. fact
that the Mammoth mas returned, and the
present results are being obtained not
only In entirely new territory, but at
such n comparatively shallow depth that
one cannot help but feel that with depth
on this orc the company viii be in the
game for long time TO come,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-03
DETAILS OF FIND
IN SWANSEA MINE
he Eureka Reporter saws:

The Eureka Reporter says:
Swansea Consolidated has been one Of
the most active OF the Tintic stocks up
on tho exchange for several days, a
splendid body OF high grade shipping ore
having been opened In the north drift
upon the $40 level. This drift has been
In ore for q distance OF about forty feet
and for several days the entire face has
been in shipping product Yesterday
the work Of stopping this ore body was
taken up and the drift is also being con-
ttnued in northerly direction. During
the week the Sweasea sent out four cars
Of ore and another carload is now At
the sampler, the silver values of which
will run from so 10 90 ounces, The bulk
OF the ore carries about 40 per cent iron.
but near the footwall Is some ore which
runs well in lead and this is being kept
separate from the Iron bearing rocks.
At the time work was started in q
the $40 level 1t was the Intention of the
management 10 push out below the work
ings of the old Swansea property. where
some had been found years ago,
but where work had to be discontinued
because Of the heavy flow of water, The
ore was found somewhat sooner than an
ticipated and from present indications
mine out OF the Swansea. From the
south drift on the same level. the $40,
n raise has also followed q nice
bunch OF ore for q distance OF about 80
feet. but according to information from
the mine today Superintendent Hoffman
has put his entire force at work upon
the ore body In the north end OF the
companys ground
The present flow OF water amounts to
but so gallons per minute and Is Civ
ing the management absolutely no
trouble
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-03
GENERAL TONE OF
MARKET STRONGER

James \. Pollock &, Co. bankers and
brokers furnish the following. received
noon:
Paine webber & Co. Boston-some
new high levels on this move were
reached today bur tho close was gen
orally shade of. On the whole, how
ever tho market gave very good ac-
count OF itself. finishing tho week with
n very firm tone after The advance Of
the past four days. We look for the
rise TO be carried further should a IA
Norable turn come In the British coal
strike settlement
week has witnessed a marked change
for the better In sentiment. though, ad-
ruittedly. the conditions not only sur
rounding the stock market. but also the
general situation. have not altered 10 an
extent that should cause much optimism
factor which In the past was the
subject of much unfavorabie comment
was the lack OF aggressiveness on the
part OF interest committed TO the con-
structive side. 50 when a few DAYS ago
indications of aggressive leadership
among buyers became apparent the list
advanced easily. though. for the most
part. at the expense OF the short inter-
est and as the week closes Il may be
said that tho action Of prices is siigpcg-
tive of q somewhat higher range, though
The expectancy OF a pronounced rise Is
not seriously entertained Labor unrest
abroad political unrest In China and
Mexico. tariff agitation and labor un-
rest. also (ockeying for political adyan.
tagc In this country. are still factors
which tend 20 produce hesitation in
nearly all fields on financial and corpor-
ate endesvor.
HAYDEN. Stone g. Co. Boston-Trading
IN tho Boston copper shares market has
been quiet this morning with tho tone
sirous. interest appears 10 he broaden
Ing and the inquiry this morning has
been pretty general throughout the on
tire list. g a, g. G.. and Nevada
Consolidated have been the features
There has been some demand for
Miami.
Gallagher, New York-Curh market
errauc today with no particular trend
Nothing In the way of news bat ten
dency appears 10 be towards higher
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-03
BIG COTTONWOODIS Is
VERY BUSY SECTION

THE Big Cottonwood canyon Is go
ing TO try and outdo Little Cottonwood
this summer with its developments and
shipments Of ore" said c. r Green.
general manager OF the Tar Baby COM
pany, who was In the city yesterday
from the property On the way down
the Canyon Mr.. Green met eight four
horse ore teams bringing Michigan Uta h
Consolidated ores TO the smelter, and
these are only a portion of the number
which this company now has at work.
The Tar Baby tunnel is In the hill 325
feet, water is coming from the fissure
and the formation Is we'll stained with
copper and shot through with iron
pyrites. The company IS making one
foot a day. and the ore ledge Is not over
seventy-five feet distant from the pres
ent face.
AT the Cardiff the management Is
doing considerable amount of new de-
velopment work outside of the actually
developed ore zone, and tho north drift
has opened some very fine looking ore
recently which viii have It's Influence
on the shipping ability OF the organiza-
ton during the summer. At many other
spots OF the camp work Is being done
and results reported from time to time
Indicate that the Salt Lake smelters will
secure a generous tonnage OF rich ores
from that part OF the Wasatch range
during the coming months.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-03
Know Contact Is There.

The Alta Consolidated company early
in It's tunnel work to the north. the tun-
mel parable cling the contact but to the
east OF 1t. sent out what Is known as
the No. i west crosscut and tapped this
contact. IT was forty feet wide at the
point of crosscut. the entire distance av-
eraGing 23 per cent copper. hve ounces
silver 81 gold and 30 per cent excess
iron. There was not much vertical
depth however at this No. west cross
cut. so the tunnel was continued on TO
the north for 1900 feet. and a second
crossout is being driven now to the same
contact and vertical depth Of $50 will
be had when the vein is encountered. The
management expects this contact TO ap-
pear at practically any round of holes,
and substantial ore bodies are expected.
for this Is the mother lode Of the camp,
In Which all the millions OF dollars worth
of ore have made in the past In neigh
boring mines,
The management, stated Mr.. jacobson.
IS stopping. only at two points along the
assure, although any number of men
mignt be put TO work on ore IL such was
deemed logical at this time. and as II is,
from seven to eight mine cars of rich
ore are being taken out daily. This work
along the flssure has been productive OF
two large dumps OF nilline-grade rock.
which the Management intends to treat
during the summer with d battery OF jigs.
Conditions at the property are eaNactly
right for big results. and even with moth
Ing more than the flssure to depend on
the Alta Consolidated company would be
In fine shape to meet the coming season
Of production
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-03
FLORENCE TO SINK
AFTER NEW RESOURCES
Special to The Tribune.

GoLDFIELD. March AT the annual
stockholders, meeting Of the Florence
Goldfield Mining company today no
change was made in the directors. the
following being reelected: T. c., Lock-
hart, S. G.. Arscott, A. D. Parker. John
s. Macbeth and D. B. Keeler. 1t is pre-
sumed that President Parker will be
selected TO succeed himself In such ca
pacity and a s treasurer; also that Vice
Presidents Lockhart and Brown and Sec
retary Arscott Will be chosen again
One important development at the
meeting was the determination expressed
to sink the shaft TO the 1260-foot level,
as recommended By the officials and En-
gineer Clapp In the recently published
annual report. The property now shows
some good milling grade ore exposed
but no plans for the reconstruction OF
the concentrating plant. destroyed last
December by fire. have as yet been
drawn up. The installation Of this plant
will depend entirely upon the results of
the new deep development work and
the company starts off the year without
any Indebtedness and a sufficient cash
reserve for the purpose OF this new
work.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-03
WORLDS OUTPUT OF PIG LEAD.
(Tons mostly metricaL)
1910. | 1909.

'The Russian product for 1909 is given
In the trade tables at only 100 tons. In
the Russian Year Book Book II is variously
ably greater than what is shown by any
OF these figures. the Siberian mines not
making complete returns until several
years after date.
The diminished output OF the world in
1910 as comapred with 1909 is partly at
tributed to tariff restrictions and partly
and Germany, working In lead mines be
ing one OF the least attractive OF occu-
pations. Concessions have since been
made to the miners, and 1t is believed
that the product of both 1911 and 1912
viii exhibit increased results.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-03

In spite OF this decrease In M,
abroad, the exports OF copper from
United States In February, ercusIv.
the southern and Pacific coast nas.
were 34,6i3 tons, against $3.50 tons
the same month OF 1911, an incrssr.
26.0i4 tons. or approximately 5f6if'
pounds. indicating that the foreisn :
ket for the metal maintains !is rnlcr
demand. The trade has a trernss5
advantage over other metal lines IA tE
fortnightly reports covering Europa.
the American Copper PRODUCERS NJ
tics dealing with the domestic ca
situation.
The sentiment prevailing In coo
circles is well put in the Wall g.
Journal as follows: f.
"The copper interests and mann
OF New York. by the way, are s1c1
aged and busy, This is particularly'I +
OF the younger element In the Var
managements. John D. Ryan and p.
Rockefeller believe the bettsrment n 4
Industry has come 10 stay The Lew
brothers. Frederick and Walter, ara
lively in harness. and / am told h
have recently assured friends tbat
next move IN their Tennessee conn
shares will help To wipe out the q
with which this stock has been A.
regarded so long. owing TO its past \
formances
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-03
MARKET STRONG AT
CLOSE OF THE WEEK

The local mining share market closed
the week strong Saturday noon, and con-
ditions remind one OF the dnys Just be-
ing OF this 1907 degree Is expected this
wear. everything points TO the steady
improvem on the exchange. At least
better investment market than is now
tho case.
Sales Yesterday totaled 5o,550 shares of
stock, the market value OF which was
5000. The total sales for the week OF
f01 931 shares had a market value Of
S65, 1924. Among the unlisted stocks
Saturday morning, Alta Consolidated was
tho only one registering n sale, 1000
shares going at CSC a share. Tho fol-
lowing were the closing unlisted and
listed stock transactions:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-03
SMALL STOCKS 0F /
EUROPEAN ClPlB
Visible Supply March Fret, !,
tie Over One Hundred
Million Pounds. 81
YET EXPORTS INCREASE
Very Healthy World coud
ton of the Industry Inspir.,
Much Confidence.
YET EXPORTS INCREASE

The Information was tor,hoo,., !
qFaay morning from the east thai
London fortnightly report Of IN. -
visible copper supply on March !, ~
stocks amounting to 51,507 ION. -
proximately l0S.Ol4.OOO pouuds -,
l10.+03,2o0 pounds on Febr,,arv ~
crease IN the two weeks Of Issi,'
pounds. This is the smallest 49,.
supply OF copper In a numba, =, -
and compares with 1s3,2s4,7.o nou,A.'
March l, 1911, and 254lss, 200 nouss.
the same day OF 1910. The b,es,.. !.
gained In 1910 was 256,5Sl tSa y
supply being on hand Februarv Tun
The foreign visible stocks NJ ,crs ~,
pounds so FAR this year, cornnsrs2 :
1911 and 1910, follow:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-03
Mining Notes

l. \. Jeffs has returned from busi-
ness visit 10 the coast
4. e. Dick spent Saturday at the Bing-
ham camp. where he is leasing
General Manager liner Pett OF the
Bingham Mines company was At the
Bingham camp yesterday
The United Verde Copper COMPANY has
declared a dividend OF IS cents a share.
payable Immediately
President r. II Charming or the Utah
Consolidated company has FINISHED a ten
days visit 20 the mine al Bingham. lesy-
Ing yesterday for the west
The directors Of the Michigan Utah
Consolidated met Saturday afternoon To
round up the remaining details OF the
merger The company VIII assume the
ownership ~ the various pron-
critics involved In the consolidation on
March {.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-03
.20s, 42S 1872. 5s9 1874, ,033
1S0, SS6 1863, 244 l51.222
SO. .7os 1oS,553 1902, ,s5T
40. $50 44s,112
3el, ,000l l376. OIL $40, ,o1S

lead in New York was 4.29 cents In 1909,
449 In 1910 and T. 40 in 1911, The Mis-
souri, leads were about 0.l5 cents lower.
past year averaged about cents. so that
in this country we are paying about so
per cent more for the metal than 1t
fetChes in open market. The duty on
pig lead ls % cents per pound.
Owing to the fact that large proper
ton OF the lead produced from the mines
contains silver, which has 10 be separated
from the baser metal by metallurgical
processes, no comprehensive statistics OF
lead are available until some time after
the close OF the calendar year, Hence
for most countries the latest figures to
date-and even these are quite recent
are those for the year 1910:
WORLDS OUTPUT OF PIG LEAD.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-03
MORNING SALES.


Beck Tunnel, 300 at 15lc; 900 at Ice:
500 NJ lie: 500 at lsc.
Bing Amalgamated. 700 at 5sc
East Crown Point, 1000 at &c
Iron Blossom. 800 al Sl22s
King william. 100 at SC
May Day, 1000 at i7c
Mountain Lake. 400 at lc
New York. $500 at SAC: 1000 al 3lc.
Phoebe Demijohu. 10000 at 1Oc: 1000
az i0ic.
Prince Consolidated. 500 AZ Sl2es
Silver King Coalition. $50 at 81 80
Silver King Consolidated. 400 al 81 10
swansea. i50o At l1tc: 1000 al 1oc
buyer sixty days; 200 at lie: 1900 az
10ic
Uncle Sam. 500 at 2sc; 50 at 27sc. seller
sixty days.
OPEN BOARD.
Indian Queen. 5000 at lic
May Day 500 at I7c, 500 al iCic
Swansea. I00o al i0lc
Wilbert. 5000 at CSC
TOTALS
Regular cali. $3.50 shares. s5e4s
Open board. 1900 shares, Ss7as
Total sales. 60,5S0 shares sS0ga
Weeks totals to.e3I shares. sss.ss42i
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-03
Purposes of Meeting.

The notice sets forth that the meeting
Will b., held for the following purposes:
1. To rntfy and approve all acts OF
the board Of directors since the last
annual meeting OF stockholders OF the
company, such acts are set forth in
tho minutes Of the meetings OF said
board.
.. To receive and act upon such re-
ports OF the board Of directors. officers
and committees as may be submitted at
such meeting.
3. To consider and act upon a propo-
sition 10 amend the bylaws OF the com
p3ny by providing that the annual meet
Ing OF stockholders and the election OF
directors and clerk shall be held at the
on the fourth Monday Of April beginning
with the year 1913. az l o'clock IN the
afternoon. and that said meeting may be
adjourned from day to day until Its bust
ness Is completed.
4. To consider and act upon propo-
sition 20 amend the charter and by
laws or the company by providing that
the number OF directors shall not be
less than FIVE nor more than fifteen, their
stockholders at their annual meeting or
a. any special meeting called for that
purpose.
D. To FIX the number OF directors and
10 elect hoard of directors and a clerk
of the company for the ensuing oorpor
ale year.
6. To transact any other business
The notice provides that the stock
and transfer books Of the company
win be closed from February 30.
1912, at p. m, until 10 a m. OF the
day following the date of this annual
meeting or the final adjournment thereof.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-03
In Heart Of Camp.

With the Alta Consolidated" he
stated, we are right In the heart of
the producing section. We are sur
rounded by the Michigan Utah. the old
Emma. which has produced $1,000 900
worth Of ore, and the Prince OF Wales,
which, in the early DAYS produced Il. 900
tons of ore worth $4,000. 600 North Of
the present face OF our tunnel Is the
Prince assure. which trepds into the big
contact for which we are driving We
Intend to follow along this contact to
the point where the Prince fissure Inter
sects II, and conditions there ought TO
be Ideal for resources of great extent and
richness.
This gives some idea OF tne posslbiIi-
ties OF the Alta Consolidated. and as We
are In possession OF the geology OF the
entire property we should lose no time
In reaching the most desirable results
Of which the mine Is capable"
Alta as general rule. he states. Is
showing evidences of coming to life that
speak eloduently OF the resources of that
section. The operations OF the Michigan
Dtan Consolidated company this summer
are expected TO demonstrate as much for
the Little as for the Big Cottonwood
side. The Columbus Consolidated COM
pany is getting some fine ore out of the
east assure on the 400 level. while the
Columbus Extension company is expect
ing 10 encounter the Toledo fissurc at
any round Of shots.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-03
MERGER NEWS IS
HEARD ONCE MORE
Mason Valley Company Will
Increase the Number of
Its Directors.
GIVES RISE TO RUMOR
Bluestone Property IS Men
toned in Connection With
the Mason Valley.
GIVES RISE TO RUMOR

The ruicrobe of mine consolidation go
far has refrained from attacking the
Mason mining district OF Nevada, but
inasmuch as Mason is copper camp II
should not ne long before ne gets in his
work at this virgin field. There can be
heard locally rumors OF deal soon to
pop between the Mason Valley and Blue
stone companies, the former 10 absorb
the latter, and IL Is recalled IN this con-
noction that the Mason Valley should
have been In possession Of tho Bluestone
underground data for over a year, for
engineers closely connected with the
Mason Valley have gone through the
Bluestone on more than one occasion.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-03
A Cold, La Grippe, Then Pneumonia

is too often the fatal sequence. aud
coughs that hang on weaken the system
and lower the vital resistance. Foley s
Houev and Tar Compound is a reliable
medicine that stops the cough promptly
bv healing the cause. soothcs the in
iamed air passages, and checks the
cold Keep always on band. Refuse
substitutes. Schramm. johnson, Drugs.
the Ncversubsttutors, Ave good stores
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-03
De Lamar Is the Owner.

The Bluestone property is owned by
Captain Dc Lamar, who entertains no
very inadequate appreciation OF the In
trinsic value OF the proposition. an item,
by the way that unquestionably has
stood in the way OF some sort OF deal
being consummated ere this. But that
there evidently Is something tangible in
the air on a deal between these two
organizations is p fact that cannot be
denied right now. although official iuti
nation Is lacking totally.
Something max develop in this matter
on or before the date Of the annual stock
holders meeting Of the Mason Valley
company. which s called for March II,
ig Maine. Secretary II. y. j. knobloch
has forwarded 10 shareholders the regu
lar notice OF this session. the most in
terestng bit OF information contained
therein being that those interested VIII
be asked to amend the charter so as 10
provide the number Of directors shall
not be less than FIVE nor more than If
teen. This is taken to Imply that the
number OF directors Is 10 he increased
soon. and this IS one straw taken as in
dicsting that the wind Is coming from a
new quarter.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-03
LEAD C0NSUMP T|O|V
THE HIGHEST EVER
Figures Not Discouraging in
Spite of the Somewhat Ad-
verse Factors.

High prices for linseed oil have re-
duced the consumption OF white lead.
and by consequence that OF metallic lead,
somewhat below the expectations OF the
trade; nevertheless tho figures are by no
means dLscouraging, for they are the
highest on record. says the Wall Street
Journal. The following table shows the
production md consumption OF lead In
the United States during the past three
years.
LAD SUPPLIES AND CONSUMPTION,
UNITED STATES
(Tons OF 1000 pounds-)
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-03

Lead from domestic
ores, dcsilvered -.
Soft lead .,..--.....
Lead from foreign
ores and foreign
base bullion ...,..
Total product for
smelling e.. ..s..,
Consumption (esti- =
mated) .. .....s
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-03
Metal Market.

The metal quotations for Saturday
posted by Mccormick & Co, were as foI-
lows: Silver. 5sAc; lead. 81 copper,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-03
Ore and Bullion.

The orc and bullion report for SauIr-
DAY. given by Mccormick g. Co. pss as
follows. sOre received, 100000 bullion
shipped. $4,000; total. $4,000.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-03
Orc Shipments.

Tho Utah ore Sampling company on
saturday released cars OF orc from
ttah aud : ear each from Nevada and
idaho camps.