davidaulloa/AmericanStories huggingface dataset:
The Barre daily times. (Barre, Vt.) 1897-1959, 1912-10-16
Tool Sharpeners.

Regular meeting of tool sharpeners.
No. ?, G. c. I. A.. will be held in Nichols
block Wednesday, Oct. 10, at Z o'clock.
James Mulch secretary.
The Barre daily times. (Barre, Vt.) 1897-1959, 1912-10-16
GRANITEVILLE.

The Odd Ladies of Victor lodge have
postponed their fair on account OF small
pox The date for holding it will be an
nounced later.
The Barre daily times. (Barre, Vt.) 1897-1959, 1912-10-16
roo LATE TO BE CLASSIFIED

wANTFD-To htra a man 70 VIA % a farm
AHquife - freemau farm Ess- Htil o. -
feier heaarifksaa a san GsrrArd's stoss
shsd. GaTTa.t isuils
The Barre daily times. (Barre, Vt.) 1897-1959, 1912-10-16

books. but the financial secretary viii
collect dues as usual Per order James
Paterson, chief; James r. Elrick. secre.
tary.
The Barre daily times. (Barre, Vt.) 1897-1959, 1912-10-16

LOST-A large 81 Bernard doF. nearly waite.
answerlsr q TIE Eerns - -Usuhsn." Fiadsr
3 sass nstfr Dr. 2 a. Baneroft, 20. Bsrre,
zad bs saiIably rewarded lsltf
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-22
STOCKS OF SILVER
ABROAD INCREASED

Samuel Montasu & Co. Of London, have
the following 10 say about silver.
The attention uf those Interested IN
silver may well be drawn to the curious
fact that tho combined stocks OF silver
in London. Shs snrhli and Bombay az the
pr"scn, time total about G. ZOO, 600. COM
pared with G65Oo.1Oo sterling at the
beginning 81 March: 20 that the sterling
value Of the visible stock OF silver has
risen about 20 per cent. notwithstan nding
the large special purchases that have been
a caturc OF tho last few months. Proba-
blv the main reason IS that silver has
come out from hidden sources at the
higher prices at which tho market has
been carried.
'1he sterling yalue Of tho Shanghai
stocks Is about the same at tho two pc
RODS referred 10: therefore. and it's most
important item. the whole % the incrcs &c
Us divided between Bombay and London
and IL may fairly be inferred that the
London group SIN controls IA speculative
holding hardly o!ininishcd i'm extent and
that the large increase in size OF the
visible stock IS owing TO the enhanced
value VI silver. and also 10 n larger pro-
portion of the speculative stocks being
held III actual silver rather than In for-
ward contracts. The satisfactory reAIi-
zauon OF these stocks depends now chiefly
on the ability OF China TO come 10 terms
with the six Power combination for
Ia u only In such event that loans uf
real magnitude can be obtained by that
cuuntr.-.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-22
ELY CONSOLIDATED Is
DRIVING IT'S DRIFT

~ the lack shaft OF the Ely ConSoli-
dated the ZOO crosscut has been extended
llo feet from the station and the work is
going ahead regularly with q force OF six
teen men employed. When tho strike
vas called on tho morning of October ?
tho Zack was closed down with the oihor
properties In the district and remained
idle FOR exactly twenty-fo hours In tina,
time the water hlled tho zoo station and
tho eighty-foot section OF the crosscut
that had been driven and rose 100 feet
iu rho shaft. The consequence was that
when operations were resumed and the
w0ter purnped ont II was necessary 10
double all the timbcrinS In tho station and
ciosscut before drifting work could 20
ahead again.
When the property was shut down bv
The strike Superintendent kellogg received
insrTuctions 70 do Is other companies dId
regarding the demands ~ the unions on
October an advance ~ =, cents n day
nad been posted and when iraG.rs OF The
unions Visited the superintendent, he
stated the shaft Would 10 DESTROYED II IL
stood und"r water Tor am length OF time
ana as u was only prospect any way tho
company would probably abandon Il "a.
too expensive 10 be restored All tho men
employed wanted to work and they made
personal appeals 20 the strike leaders
with the result that operations were rc-
Sumc1. Therefore the COMPANY expects
70 continue exploration 81 tho ZAck ground
10 learn the value II TN. ore bodies found
on tho Boo and 500 workings nj 100 foct
greater dSrth.-ElV FNuusi'or
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-22
RECORD Of CHINO
REMARKABLE ONE
Producer Less Than One
Year Old Brought Down
to Fine Basis.
COSTS ARE VERY LOW
Company Has Supply of Cop
per Ore Opened for Next
Thirty Years.
COSTS ARE VERY LOW

The w!rcs from the cast on Monday
brought the statement that The show
lax being made by the chino property OF
New NcNic, was considered the most re-
msrkablc OF any copper producing propo-
situu IN the country and that It's costs
were beyond question thc best OF any
produce. anywhere, The Chino is thus
considered because Of tho fact that Cen
cr.,l Manager -. c. Jacl5lin= and asso-
clstes have within a years time brought
this property from tile first stage OF pro-
duction 10 an annual production of about
100000 pounds of copper. to the treat
mcnt ol 1000 tons of orc daily and 10 a
production cost .. from & 10 q, cents per
pound.
In a great many iow-cost Instances the
operator mas the advantage ot gold and
silver contents in the orcs, which. how
eve" small. help materially I'm bringing
down the cost o! producing copper by
;hcir own sacrifice. MANY producers have
various auxiliary iinvs uf enterprise Of
more or 'rss commercial or msuutsc-
turing Chnraci",. ilc prohts OF which
are considered when il comes 10 the dc
termination Of COPPER production costs
But the Chino has none Of these aUNili-
R;tCs-thc orc is straight copper ore
and tn" company Is an out -anb-out cop
per producer. IT. low costs therefore
arc all the more significant aud all tho
more gratifying 10 the shareholders.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-22
NEW YORK MARKET
HURTS THE COPPERS

James a. Pollock & Co. bankers and
brokers, furnish tho following. received
over their private wire Yesterday after
Paine. Wcbber & Co, Boston.-In spite
Of all prosperity talk over sunday, stocks
were freely offered in New York Tho
volume OF selling In the coppers was
small. but the constant reaction In New
York list frightened possible buyers and
tic demand was small. North Butte sold
down to J6a and CRANKY 10 $50. There
a"cmed 60 be no news to account for the
break in New York. but /; seems prob
able that the interests who supported
the market at the outbreak OF the Balkan
war were getting out or some OF their
stock today. In view OF the close ap-
proach OF election and continued uncer-
talnty in European affairs. We would ad-
wise buying only on sharp breaks and
the tightening OF accounts on any raIlv
The next fcw weeks may sec consider
able disturbance. due to higher money
and election scares
Logan d Bryan, New Yorli-In the
early trading there WAS some strength
shown i'm some specialtles. such as Can.
but later list began TO suffer on so-cHl led
liquidation OF long stocks by some promi-
neut people, who have heretofore shown
friendly disposition towards higher prices
This selling caused cousidcra bic COM
in.nt and reasons were looked io~. From
what We can learn. az wired earlier the
uncertainties OF election and the continu-
sncc OF the popular attitude against cor
poTations. which H. 50 distinctly reflect ed
10y the Interstate commerce commission
IN Its position on ,h" question of rates
for Transporting merchandise - being
carefully thought over
The foreign situation. which was later
reported more disturbing. again Uas a
factor. Towards tho closc many rumors
regarding Turkish defeat and other coun-
tries being drawn into the affair were
again circulated and In addition there
were reports Of financial troubles IN Paris
For some time VIC have referred 20 tho
above as possibly being dlsturbin. fac
tors and liable 20 bring about lower
prices. Hence. our advice Lately about
rcjucin: lines
Tho last few days the representations
uf great future benefits from our bis
crops. the healthy condition of the steel
and other trades, caused many good r.co-
pl" 10 feel the market should 10 better
bat one o7 the greatest dra Va backs TO a n
advance has been the constant indirTer-
cnce shown by Investors and the general
public in taking hold az prevailing prices.
In some influential banking circles We
arc again advised not 10 become TOO on
c1uraGsd on bull side until more ~ knn-n
about election and It's results
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-22
Growth in Output.

In his last Copper Letter George l..
Wake" handled IN" Chino in Ihc follow
iug manner:
Chino's production for the ,hrd quar-
tcj oi this year was lU.26I 900 pounds OF
copper. This compares with s"S7 o00
pounds in the preceding three months and
600 pounds I'm tho FIRST quarter OF the
produce about 10000. 900 pounds OF Coppcr
this year. hgurc that the company will
make a profit OF ABOUT . cents pound
or It's output cuuiVa len, to over s. a
share on its stock. most rcmarka hlc
achievement in View of the fact that the
company Is only starting on Its career as
a producer.
On the basis Of what Chino Is doing
nov II may he expected TO produce at
least 50.000.0 600 pounds Of copper next
year ut cost OF TO 6A cents "A pound.
n the price OF copper averages 17a cents
the company should earn $500. 900,
equivalent to s5:2 a share for its stock.
There is little doubt that Chino will ne
in n position 10 begin the payment OF
regular dividends within three 10 six
months.
II Chino We're guaranteed an lS-cent
metal market, throughout It's future pro-
ductivs career its stock would have n
present value OF Approximately s9o "a
share, The company has 1000. 900 tons
of ore demonstrated in its property, which
should yield an average of twenty nine TO
thirty pounds OF copper per ton at a cost
cover-y Of twentv-rino pounds. a cost OF :
cents and a selling price of rs cents. and
this ore appears 10 havc a net value Of
S3.le 4 ton. This would mean a total
ultimate profit of s15o 600 O0n or sls6
for each OF Chino's $50. 600 shares
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-22
Thirty Years Ore.

The company has a capacity 10 t-oat
l,750.co0 tons OF orc annually. so IL will
require about thirty years to exhaust
the tonnage of ore go far developed A
dividend OF s. annually for thirty years
aInortlzod at . per cent has "A present
value OF SSS.ii. II figured on the basis
OF an estimate that the company will re-
ceivc only IL cents a pound for its COP
per II would stu appear. that the stock
has a present value OF SIS n share
To thko the latter position however,
would he unwarruntably conservative. Tho
pr1ce OF copper has averaged about 10
cents pound for the past thirty wears
and the prospect is that IL will be higher
In the like period TO come Cndoubtedlv
CHINO Mil discover q very great deal
more ore In it's property. II should also
bc able 10 reduce it's operating expenses
somewhat and increase It's capacity and
the recovery Of tho values in the ore con-
siderably.
The prospect actually is that Chino :
recovery VIII average thirty pounds of
copper per ton OF orc 1T "A cost OF 81 cents
pound and that IL will be sold for moi
less than lJb cents. This Will mean an
average profit OF $40 per ton or s. 4.
per share annually on the conpanv's is
sued capital. Figuring on this basis it
appears That the stock viii be a cood
purchase AT any price up To s7J or $50 n
snare. There is little doubt that II will
sell considerably higher in the near M
turc. :"
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-22
Ground Patented.

Tire aabawgnm and White Rock COM
panlcs were controlled and practically
al q. their stock owned by tho Bccolc
people and Within the past year United
states PATENTS Issued FOR all these claims,
after which tide passed to the reEolcs
aud tho two old companies became OK
flncr.
L~ssecS operated OF tlcSc properties
during the carly leasing days and year
or two AGO a prominent mining engineer
was engaged 10 report on tho properties.
lie discouraged spv extensive develop
nicnt. and. although his attention was
called 70 the similarity OF material on
the durnpr 10 the orc OF adjacent pro-
ducing mines. ho turned down that part
OF the district and declared that what
others believed tn be orc merely
sllclfied latite and unworthy of consle
eratlon as pay ore
Manager Ben CHI. who has lorr been
IN charge for tho Bceolc syndicate. was
convinced that this ground contained ore
aud work performed under his direction
ia perfectinE patent yielded low grade
material that further encouraged his con-
..fy- an
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-22
Finds Shipping Ore.

4 fcw days ago he had occasion 10
Nisit one OF the old shafts. known as
SHAFT No. .. on thc White Horse claim
"f the kahawgam group. He took Sono
samples which he knew to have come
from the S50-fooi level ~ this shaft and
mad them aseayed by a reliable chemist,
with the result that they were shown
- contain $40 ounces gold. S5.st silver
and S.2s per cent copper. or a total value
nt Sz2.3a per ton. a product which will
lieid good proht at existing rates n
shipped 10 In. snslt.rs.
This may prove TO he ono Of the most
important discoveries that has been made
in tho GoldneJd district in many months
n not In years, az the d.monstra tlon
or tho presence of pay ore IN iltis ter
ritory would tond al once 10 destroy ALI
former theories OF tho liunitH Of the orc
hearing area OF the district aud open TO
Development largo number Of claims
iha. are owned By wealthy men or COM
psntes but which this theory has caused
10 remain idle The Begolca will proba-
bly, begin development here within n
short time.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-22
Mining Notes

General Manager &. r.. Loose Of tho
Grand Central company was a Salt Lake
visitor yesterday
T. g, klddcr Is In the city from Mason
New, where ne reports everyone excited
about the new discovery on the Malachite
property.
James \. Pollock has left for his bomo
IN California. after several weeks vlslt
10 salt Lake.
The annual meeting OF tho Thonuson-
Quincy company Ia called for November
!. az the Atlas block Offices OF tho or
sanization.
sidney Norman has wired III. S. Joscph
TO nave the Utah operators send a drill
orluors from other western statoE Mr.
Joseph believes Utah can have n good
team; the occasion being the annual
Incetins OF the American Mining con-
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-22
OPTION IS EXERCISED
BY BRITISH COLUMBIA

The. exercising OF the option on the Add
4, and silver Dollar claims and ia" MAI
inc Of TIA. lr7t payment on Tucscay ny
Tia. british Columbia company should nc
OF interest 20 holdcrg of that stock. say
Thompson ToWlc & co.
The claims in question adioin the N"iE'
property located near Princeton, u. -
which has been under option 10 the com
pauV Tor some time. The work done 10
date. consisting of trcnchirS. shaft sink
iug and underground development. To-
gcthcr with damoud drilling, las estan-
lshcd the fact th5t ore exists md the
work hcncerorth will be- in the further
proving and opening M OF this body.
The formation - polphyry traNcrscd by
dikcs tho orNs being chalcopyTitc rather
than cholcocitc, which is representative
of the western porphyry miucs. Some
hlgh--rade ore has been encountered In
tho vcinlets which traverse the forina =
ton. hut the principal ores far de-
velopcd arc OF concentrating nature.
], Is Impossible TO state what tonnage
has boon developed OF the average grade
Of the ore. Assays have indicated the
yalua to he somewhere between IL per
cent and . per cent copper and tho gold
and silver values have shown as high As
81 Is per ton. We understand thst con-
ccntrating tests on these ores have been
made ny the Mineral Separation COM
pauy's process and that results have been
very satisfactory. having shown an OK
traction OF from 30 per cent 10 % per
cent Of values.
The British Columbia company Is car
ryine on an aggressive development
campaign OH tho Ada z. and Silver Dollar
claims, tho Voict property and other
ground in this section. Seventy men are
now employed in tho work and five da
mond drills are in operation. On the
Voipt property an extension Of the option
has been granted until about the FIRST OF
tho year. while on tho Ada F. and Silver
Dollar claims four payments In all are
70 be nude The time. however. IL long
and the last aymcrt does not fnl due
until 1914 il Is the opinion OF the man
agement that outside of the Voigt prop
erty the company has sufficient claims
bonded and under development 10 make
"A mine az considerable size
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-22

FORENOON SALES.
Cedar Talisman. 1900 at he
Iron Blossom, zoo at 81 10.
Lower Mammoth 1000 at &C.
May Day. 500 at 15.c
Nevada Hills. 100 at 81 .e5.
Prince Con. 400 at S1.7il: 700 at 81 rs.
Swansea. 500 at &C.
Uncle Sam. 600 at J2sc.
Union Chief 1900 at &C.
Shares sold. $500.
Selling value. s265s.@6.
OPEN BOARD.
Eeck Tunnel. 500 AT l0c
OpohonEo, $500 at l2tc
Union Chief, 1000 at o.c, buyer sixty
LAYS
Iron Blossom, so at 81 10. 90 at I.o73.
May Day, 500 at l5c
Swansea, 200 at t3c.
Shares sold, $500.
Selling value. S7I1.2,,
AFTERNOON SALES
Gold Chain, 100 at 35c
Ohio Copper, 100 at s1.s2t
Silver King Coalition, 30 at $500
Victoria Con, 800 al SOC.
Shares sold, 500.
Selling value. S527.6o.
OPEN BOARD.
Lower Mammoth. 1000 al DC.
Opohongo, 800 At l3C.
Victoria Consolidated 100 at 6Oc
Shares sold, 1900.
Selling value s6i6.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-22
MILK RIVER FIELD
IS GIVEN ATTENTION
Montana Sections Which Are
Coal-Bearing investigated
by Government,

The coal bearing areas iu Montana
known as the MIX River coal Acld. the
Livingston coal held and the Electric coal
field are described by l.. J. Pcppcrbcre
and W. 4. Calvert of the United States
geological survey In bulletin t'i-E. which
has Jus; been issued as An advance chap
ter fro1 Contributions 20 Economic Co
oIoSy. 1910. FarI 2"
During the summer OF 1905 Mr.. Pep
pcrbcrc assisted ~ Y. ~ Barnett. made
q geologic survey o. about 1000 sIua .
miles of the MIX River coal Held, and
the present report deals with tlie south
cru cNtc!,sion OF that var; OF the Held
lvlng between tho EeIgpJw mountains
and the Fort Gc!krIp Indian rcScrva- =
tion. The object 81 TIE investigation Mas
The classification ct ,Ic pga'c iauGs with
respect t1 coal
Tho LlvinSrtou con- lcid. formerly
vcyed Dy Nh. Calvert. aSs.gtej b' /. ~.
KAY AMI T.. I. Scltu,mu, Includes about
500 square miles and lies In the southern
par; ~ Montana, north Of TIE Yellow
rhe Electric cgal Ucld. in Park county.
Montana. is described hy NJ: calvert
as comprising ahOu. twenty square miles
near the town Of Electric.
The report contains = detailed d"7crip-
ton OF the coal b"Is ny section. town
ship. and range. showing .hc thickness
ol The coal seams and Tie cla ractpr "l
the coal The coal OF tie MIR River
field IL .air suh-bituminous coal cola <
lignitc"l In most OF the Livingston
field the coal is - hlch-grndc fuel of ine
class. being 'roEcd Locally ana
furnishing an excellent steam C"gl. Tho
coal n tho Electric h"ld Is described ds
q hlch-=raGc cokinE fuel although un-
usual mining conditions la the acld rem
de- oootaiious difficult.
The report also contains n number Of
of samples from the different
coal beds. \ copy may bc ohtdiucJ 'rce
on application tu the director uf Tho geo
lo-icai survey. Washing ton -, c.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-22
UTAH ALUNlTE Is
DRAWING CAPITAL

Marysvalo reports have IL that repre-
scntatives OF big capital from east and
west are giving consid cradle attention 20
tho alunite dlscoverios near that place,
and new finds and now extensions are
being opened continually The deposit OF
this material appears 10 be far more i'm
portapt than was ut FIRST anticipat ed.
One vein ten feet in width Is being de-
veloped on the Uncle Tim group. So far,
the owners of properties have been dis
posed TO develop rather than dispose OF
their possessions. as small sum of
money properly expended can incrca Sc
tho value OF the territory involved far
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-22
OLD CLAIMS HOLD
FIRST CLASS ORE
Begole Syndicate to Rescue
Dumps Made Valuable by
Metal Market.
EXTENDS THE DISTRICT
Ground Heretofore Has Not
Been Seriously Considered
by GoldtielderS.

Special 20 Tho Tribune
GoLDF1ELD. New. Oct. 2i.-West Of
the apex OF the great Consolidated vein
system. which dips 10 the east, and In
territory that has been neglected and
by many thought 20 bc valueless for
mining. an important discovery has Just
been made. This IL not n new discovery
~ ore. but the equally Interesting dis
coycry that ore which was mined several
ears so and thrown ola dumps as worth
less g. OF commercial value
The claims OF the old White Rock
Mining compa ny and the adjoining claims
of tho Kabawsam Mining company. both
now owned hv the Berolc Mines syudi-
cate. adioin the January and February
claims OF the CioIddcld Consolidated on
tho west and the two last. IA turn al
Join on the west the Combination claims
OF tho CousNi iidnf ed
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-22
ANOTHER DEAL FOR
PROSPECTORS' GROUP
Southwestern Miami Has an
Option on Acreage West
of Its Ground.

The Southwestern Miami company OF
Globe is attracting considerable atten-
don, owing TO the manner IN which the
management IS utilizing the churn drlll
method OF developing It's red inotal re-
sources. When last reported this com
nany laid claim TO 900. 900 tons or devel-
oped ore of commercial grade, and it Is
now stated that BY virtue Of results in
the nrst three and No. S drill holeg this
Inns been Increased 10 2.I1,Q 900 tons. be-
Ing denomnated developed and probable
ores, the general grade OF which Is 1.J
per cent copper. Tho No. hole is To-
Gated about zoo feet south or No. 2, and
In No. is found some native copper, a
very unusual md for that section.
deal WAS rounded out few DAYS
aco by the Southwestern Miami by which
is secured I'm option on the Prospectors
group OF claims. upon which the Guggen~
helm interests are understood to have
held an option earlier in the year at a
consid Grafton OF $260,000 The now deal
contemplates no payments until March,
1913. by which time the Southwestern
Miami hopes to have drilling far enough
advanced TO demonstrate the wisdom oi
meeting these payments.
The Prospcctors' group Is directly west
Of the Southwestern Miami, IL adjoins
the South Live Oak on the north, and
it is considered within the big ore zone
to moro or less generous extent. In
the South Live Oak one drill hole sew
eral hundred feet AWAY has opened S65
feet OF 20 per cent copper ore and II
is predicted that results OF Hike impor-
tsnce Will be found or the ProspcctoTs'.
The group contains go acres, and when
exercised. the option will round out about
500 acres for the Southwestern Miami.
Boston Mining Stocks.
James A. Pollock & Co, bankers and
brokers, furnish the following. received
over their private wlro yesterday after
noon:
BOSTON COPPER RANGE,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-22
LEGAL DECISION OF
INTEREST TO MINES

The supreme court % Nevada has
handed down q decision i'm the case Of
The Goloheld Consolidated vs the County
~ Esmcralda. in which Il g. held that
Patented mining claims on which SiOa
worth 81 work has been done during the
previous year are not subject 10 ;nNpiIou
While ~ is not clear a. THIS early date
some atc Inclined 20 believe that tho dc.
cisiOn may relieve all patented claims
from taxation even though the 400
worth of work has not been done. This
decision VII cause q revolution la Ia.
tsNe;ion - Nevada mining properties Tor
patented property has been SOLD Tor dc.
linquent taxes iu The ps,st