davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-08
CHINO COSTS KEPT
DOWN TO LOW MARK

One in close touch with the operations
at the Chino property Informs ua that
the low cost OF production, which the
company has been showing for months.
is being maintained. and that II would
not be surprising II the figures for the
quarter ended September 30 would be
down to 6h cents per pound.
Preliminary figures for September pro-
duCtioD have not yet been received, but
1t is quito likely they will not reach the
the mouth certain quantity OF ore lying
between two ore bodies in the steam
shovel pit. and which was more or less
O%idized, was sent 10 the mill AS a re-
suit OF this, the recovery was not as
great as II would otherwise have been.
As to the cost Of producing copper. the
belief Is that the ncure VIII diner but
little from that of the preceding month.
which has been placed az slightly above
cents per pound.
This month should witness the placing
in commission % the nfth and last unit
the management is reached, namely. that
the plant should be ready u" October I.
ii may contribute for the entire month
To the total copper production. As 2 re-
suit either this month or next Chino
should show n further large increase In
production. The indications are that IL
Will only be short time until the prop
crtv has settled down 10 steady opera
ton. and Judging from results which have
been obtained production should soon be
brought up TO normal. or around -. .0oo. =
COO pounds per anDum. ff this Is real
ized Chino Will be the first Of tho now
low-gTBde porphyry mines 10 bring its
plant ND to rated capacity. thing which
has not been done at sorue OF the other
properties. Notwithstanding that their
advance OF Chino's.--'Thompson. Towlo
q %.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-08

day was confined again largely 10 North
Butte and East Butte. The buying OF
North Butte was the most confident for
many months and the stock showed an
advance of points and closed at the
top. East Butte rallied TO lG1. one In
terest taking 5000. CRANKY, which has
been quietly accumulated OF late, moved
easily on a small amount OF buying.
Range was also in good demand. Alto
Cether, we consider II the best market
for coppers We have had on this move
lnent. and think the whole list will grad
ualiy broaden out into heavy trading at
higher prices.
Logan & Bryan. New York.-While de-
chncs wcrc in no sense drastic, il was
quite apparent from the course OF prices
today that the disposition TO tighten long
INES was somewhat more pronounced
thau 10 increase same. The expected
volume Of outside buying generally an
ticipated at the beginning Of the week.
,i whcn tnc course OF prices during previous
sessions wos such as TO suggest under
lying firmncsS. failed TO mateTlalize TO-
day. despite the steadiness OF America
issues In London. which WAS taken 10
oehotc more cheerful feeling on the
other side In connection with the situa-
ton III the RalkanE We bAlievn that
many have purchased stocks around tho
high levels recently recorded In antIcipa-
uon ot II further substantial! rise ir
quoted security values. but. as we have
Indicated recently. substantial banking In
forests arc not disposed at this period
10 encourage intense bgiliab operations
and VIC therefore believe In view OF the
near approach OF the elections and pros
poets for further iirmncss In the money
market that quito "a little scattered real
lzlnE VIII occur from time to time and
force prices somewhat lower Z fact nor
10 be ignored is that a goodly portion OF
tne short Interest WAS forced 70 cover
or recent advance. go that from tech
nical standpoint the position OF The mar
krt mas been weakened
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-08
DAILY WEST REDUCES
DIVIDEND A HALF
Fifteen Cents a Share Posted
for the Third Quarter of
the Year.

Stockholders OF the Daily West company
have been informed that the directors
have declared a quarterly dividend OF l0
cents share. payable on october 20,
the books closing October l.. This VII
call for tho disbursement Of $4,000. and
will bring the dividends paid to date 70
s6533.O00. The last dividend WAS palo
In July, and called Tor the regular
amount OF 80 cents share.
The reduction by ope-haif In the Octo
bcr dividend over the usual rate is doubt
icss compromise by the board. Divi..
dend payments were resumed sevefai
months aSo following a brief cessation OF
proht paying TO permit tho company m
crcasnc lie development work The
treasury later Was so well provided WIFE
dividend material and tho manaSemcn'
began earning In excess OF dividend re-
quiremepts that resumption OF proht-
sharing was deemed advisable, and ~
cents share has been paid regularly up
until the present instance.
There doubtless IL snug sum remain :
ing In the Dnly West treasury. bur IL
likewise Is true that there is a consid-
cradle amount OF development work To be
done yet before the officials sec their
way clear TO equippng the property with
a new mill. This development work rs 10
he carried forward during the year dating
from September !. 1912. and IA is expect
ed that during this year will be crowded
two years footage, at no greater cost
per foot than ordinarily, but this crowds
Within one years time two years oil de-
Velopment costs. This programme natU-
rally calls upon the treasury for an Un-
usual amount OF money, and sharehcld-
els doubtless viii feel that the directors
have taken the conservative and wise
course In reducing dividends for the time
being
The reports from the property continue
favorable. ana work at great depth is be-
ing crowded ahead in search of new re-
huuTcgg
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-08
.CHURN DRILLS FOR
DOLLY WARDEN CAMP
Eastern Capitalists Secure
Some Valuable Ground and
viii Develop Quickly.
Special TO The Tribune.

Special to The Tribune
DOLLY WARDEN, New, Oct East
eru capital has at last come 10 the relief
OF Dolly Warden district. After a third
invcstisatiop-the first two being SO at
tractive--CaptalD John A Hasscll, a con-
sul;inS engineer from New York city, has
secured possession of three groups OF
claims from their several owners, for the
development OF which a churn drill has
arrived upon the ground and will, by the
time this Item goes TO press, he in place
and at work under the supervision OF
experienced enRlneers who have been en-
ploycd. Fred d. WiborG OF the printing
Ink firm OF New York and Cincinnati,
was personally present with Captain Has
sell during the month OF July, and az that
time was so impressed with our great
m.Der1lized zone that he, with the cap
tain. located a group OF nine claims upon
virgin ground.
The New York and Ohio syndicate rep
resented by Captain Hassell, has not hesi-
iated In Its expenditure OF thousands OF
dollars as the first iustallment OF faith.
The first carload Of machinery and sup
plies reached Dolly Warden siding on
In transferring the goods to tho Home
stake groUp. The drill has capacity
and is rigged to so down 1000 feet II
necessary. It's average record for depth
dependent upon the class OF rock being
drilled. The Homestake and Virginia
groups, secured by the syndicate, are To-
Gated in the eastern mineral zone. lying
from one and n quarter to two miles west
from Dolly Warden Springs. adjoining the
Henry group on the north and west.
A sufficient cash subscription has been
raised by local mine owners to purchase
second Churn drll, which Will be in
stalled upon the central zone four miles
west on what IS knewn as the Moore &
McAuley, Mahan & Phelan, Maddelana
Boofer and Davis groups, II Is the in
tentlon To have this machine [ work
by the middle OF November II possible.
Two sixty foot shafts under the super
vision ~ Joseph T. Moore and Thomas
Boofer. arc being sunk on the j. w. Nc
Intyre group. The first shaft. now down
q bout fifty feet, Is In gold bearing quartz,
showing better conditions with each ah-
ditonal foot OF depth.
The recent financial aid coming INTO
the district at this time has greatly en-
property owners here who have
la bored So many years to attract invest
ors 70 this district. with reference 10
which I quote Captain HasselIs recently
published statement: -'This district is
not only well miueralized. but It is min
eralized better than any other ten miles
OF territory ! ever saw. and ] have Deen
pretty much over the principal districts
OF Mexico, the United States and south
Africa I would say there must be 1000
claims IN the district. II is
one Of the unexplained things why such
a country With such possibilities should
have been neglected 40 long.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-08
ENTRIES ON UTAH
OIL AND GAS LAND

The following act OF congress was ap-
proved on August "a. 1872. in regard 10
agricultural entries upon Utah Oil ana
gas lands:
"Unreservcd public lands OF the United
States in the state OF Utah, which have
been withdrawn or classified as oil lands,
or are available for oil. shall be subject
to appropriate entry under the homestead
laws by actual settlers only, under the
desert land law to the extent OF $50 acres
only. 10 selection by the state of Utah
under congressional grants and the Carey
act, to withdrawal under the reclamation
act, and TO disposition by the secretary
of the interior under the law providing
wavs TO the United States the oil and gas
rights in such lands, With the right 10
prospect and remove the sams upon pay
Inent of damages 10 the agricultural
patentee for actual injuries suffered by
him -
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-08
Advantage Of Metal.

For military purposes the softncss OF
bullet being taboocd In civilized warfare.
For this reason and because Of the fact
that il is too weak to hold the rifling 1t
has 10 be Jacketed with copper nick el
alloy. To take the rifling and to act as
a gas check, the tungsten bullet will re-
qnre a copper band or its equivalent at
the base.
The hardness and high tensile strength
Of wrought tungsten Will give high pene.
trating power. The high melting point
Of tungsten will prevent the projcctils
from being harTnfully upset at the base
by the combined action OF the high tenn
pcrature and rapid impact due to the
com mhustion OF the powder Charge
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-08
Purposes of War.

Even for purposes Of war tungsten may
have Its uses, and Investigations are now
being made with view to its application
In the manufacture of projectiles.
The present small-arm service projcc-
tile is mado of lead with q jacket of cop
per nickel alloy. The principal advantage
Of lead over Iron. which would OF course
be cheaper. IS that it has higher specific
gravity. Because Of this fact lead bull
let will have smaller cross section and
will therefore encounter less air resist
ance to its flight than will an iron bullet
OF the same weight, and Ii Will conse-
quently give a flatter trajectory and
longer range. An iron bullet OF the same
diameter as a lead bullet could Of course
be made OF tho same weight by increas-
ing lis length. but this would at once
pccessitate giving II higher rotational
velocity TO keep It's axis tangentlal to It's
flight To impart this added rotational
velocity would call for tho expenditure
OF energy and SO leave less for velocity
of translation With the exception of
tungsten, lead is the denscst metal whicl,
can be considered for this purpose. for
gold Is the cheapest OF the other elements
having a higher specific gravity than
lead.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-08

FORENOON SALES.
Lower Mammoth, 1000 AT Sc
New York, 2000 at &c. seller sixty davs
Plutus. 1000 az sc
Silver King Con, 800 at ,2a0
Swansea. 1000 a, &C
United Tintic. 1909 Al ic
Uncle sam. 500 AZ atc
Union Chief. 800 az iIlc: SEQ at lie.
Shares sold 300
Selling value. $685.
OPEN BOARD.
New York. soon al eic
Shares sold. S50n.
Selling value, S4s5
AFTERNOON SALES
irpu blossom. ifCo II ,I.e.5
Ohio Copper. zoo 10 sl.i5
Victoria Consolidated. 1900 at sic; 500
AZ Sc. buyer sixty DAYS.
Shares sold. :O0o.
Selling value, s,1Sc.
OPEN BOARD.
Beck Tunnel. 200 al ojc
Iron Blossom, 500 AZ ti.-.i
OpohOngo. 500 Al leic
plUtus. 800 at he
Union Chief. 500 ~ lie
Shares sold 1900.
Selling value $1,000.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-08
TlNTIC STOCKS IN
THE LEAD MONDAY

The higher priced Tintic issues, like
Iron Blossom and Victoria, were the
features Monday on the local exchange,
while number Of the lower priced Thu
tic stocks were in reasona bly, good de-
msnd. Alta Consolidated maintains the
lead /, acquired last week by virtue Of
having been financed by tho sale of
treasury stock. and this issue WAS the
only one Of the unlisted division Ia enjoy
a sale. the stock going At IS and - cents
A share.
Sales on Monday reached total OF
2a.ae0 shares Of stock. the market value
Of which was $3.50 The following were
the closing transactions.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-08
WHY bACH0USE IS
GOOD INVESTMENT
Murray Plant Discloses a
Loss, but Kept Lawsuits
to Minimum.
EILERS GIVES DETAILS
Figures Show How Minerals
Were Wasted Before SyS-
tenn Was Installed.
EILERS GIVES DETAILS

Before tho eighth International Con-
Eress of Applied Chemistry. Anton ELL
ers read a paper on the baGhouse system
OF destructive fune elimination In smelt-
Ing. Among the plans described by hin
MAS the Murray playhouse system Of the
American Smelling g. Refining company
which vas installed at 4 cost or sl27,
1885, and where 1852 cotton bags were In
stalled During the period from July 4
1907 to February 20, 1912, the tota
charge at the sIpcltcr was l.6es,Sef tons,
containing 256.S749 ounces gold. ~. I25.-
2Tfis ounces silver, 55i. .2sSIsl pounds
lead and i6.5:1,I 10 pounds copper
The fumes recovered. weighing 1857,
$50 pounds. contained 125i ounces gold
1885 So ounces silver. i,i92,@sS pounds
lead and 1s47 pounds copper. the value OF
metals recovered from the fumes being
s152. .s9052.
Mr.. Ellerss paper then continues. as
follows:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-08
WlLBERT COMPANY TO
RAISE CAPITALIZATION

4 special stockholders meeting OF the
Wilbert Mining company has been called
for October IS. at which the shareholders
shares OF stock from 1000. 600 to 1.o50, 900.
The par value OF 81 a share to remain the
same II likewise Will be part OF the
business OF this special session to change
ble
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-08

mcnt is increasing. and this candidate
growing more and more iD favor wl
The eastern business men from day
day.
some splendid samples ot tho gold, Z
yer. lead and copper ores now Del
mined at the Alta Emerald property
AIta have been received at the local
fees.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-08
Mining Notes.

j William knight and w Lester Man.
gum oi Provo were visitors Yesterday.
Charles y. Knox. president OF the Mon
ia ma Touopah company. Il a guest at the
Hotel Utah.
Grant SNYDER has returned from y bust
ness visit 10 New York. Phisd clphia and
other ccutcrs. lie reports the sentiment
among capits'igts more fayor1bly inclined
toward mining than Tor several reaTE
past lie found. also, that the Taft sonu-
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-08
Net loss in four years and
liz mn i.- Z e Ia 0S
Why an Investment.

immediate financial outcome only. bag
houses are not profitable In lead smelt- :
ing works. which treat ores low in fhc
precious metals and especially In lead,
Eut there is another consideration TO be
taken into account when smelling works
are. like Murray. situated ncar farms
and villages. This IS the elimination of
of frequent occurrence, when As2O3 and
thc sulphates OF lead and other metals
arc permitted u drop down into the fields
II must he decided therefore in the case
Of each smcltinG Plan, whether Il Is not
good business 10 expcnd the moncr 70,
constructing and operating playhouse.
though an immediate profit lie not appar-
cut.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-08
LONG LINES LITTLE
LIGHTER IN EAST

lanes 4 Pollock 6 Co, bankers and
brokers. furnish the following. received
over their private wire yesterday after
noon:
Paine Webbcr & Co. Eoston.-Tho
principal activity IN the local market to-
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-08
NEW YORK CURE CLOSE.
Ore and Bullion.

The ors aud bullion report for Moudsy
given b. McCcrnick A -. was a. fol-
lcvv. Orc received. se55.oaa bullion
shippsd. fi5,ecp. total. $4,000
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-08
Ore Shipments.

The Utah Ore Samplius company on
Monday released { cars of ore from I-tah
aud ! car from EeTsda camps
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-08
Metal Market.

The metal quotations FOR Monday
posted In Mccormick A Co.. we're "a TO.
lows: silver. Sic. lead, $50. copper
81 %.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-08
San Francisco Oil Stocks.

James A. Pollock s: Co, bankers Al
brokers. furnish the following. receiv
over their private wirc yesterday Mte
noon:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-08
Neyadas 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, 1912-10-08
New York Mining Stocks

James 4. Pollock & Co. bankcrs and
brokers, furnish the following. received
over their private wire yesterday after
noon:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-08
What Metal Used For.

Tungsten is used chiefly in making
steeis that will hold their temper when
heated. but IL is most generally known
as supplying the filament OF tungsten In
candescent lamps, The great Improves
inents In drawing tungsten wiro and fur
ther notable improvements In the size OF
the globe OF the tungsten lamp and in
other mechanical details that add greatly
to its efficiency are making 1t encroach
upon the carbon fllament lamp and the
arc lamp. and it is rapidly driving from
the market the tantalum lamp, which
WAS the first good incapdescent lamp
having a metallic filsmcnt Diamonds
are used for dies in drawing tungsten
wire.
At first II did not seem possible to
drill small enough holes through the dia-
monds to make wire sufficiently fine for
lamps Of small candlepower. but wire
o.oOo6 Inch in diameter can now be drawn
In quantity. The total capacity or tung-
sten orc used for electric lights. however,
amounts to only few tons year. New
uses OF tungsten, in making electric fur
naces. electric contacts and targets for
Roentgen rays, have been developed. and
the last two products are being actively
manufactured
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-08
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, 1912-10-08
TUNGSTEN OUTPUT
SHOWS DECREASE
Limited Purposes for Which
Metal Adapted DiScourageS
Its Production.
INCREASE SEEMS NEAR
Experiments Show Metal Will
Likely Have Important
War Influences.
INCREASE SEEMS NEAR

Last year there was sharp docrea Sc
in the production OF tungsten orc owing
20 tho decrease in the demand for tool
steels, In which the bulk OF the tungsten
produced is used. according to Frank L.
Hess. In a report on this metal just issued
by the United States geological survey.
The production Of domestic tungsten ore
In 1911 amounted 10 1889 short tons of
concentrates. carrying 50 per cent of
tungsten trioxide. valued at sso7 ,os5; in
1910 the production amounted to 1891
short tons, valued at SS32 99o
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-10-08
Operating Expense,
Outcome,


The table shows the apparent eaIr
four years and eight months. But the
riSurc dors not include interest on the
original Investment. nor Il fair percentage
az samn for amortization.
II these two Items were included, as
thoy should be, we would have.
Gain In four years and eight
6 per cent intevwest
on sl3Isiai.s2 for
four Years and
eight months -. s35,Blt.5I
= per cent amor
tizatIon for nvc
years and eight
nlonthc -. ..-,. 2ss's.so
Net loss in four years and
eight months s-,.............S os,i'b, %
on account OF the advisabilty OF ex-
usciing the high percentage of As2OS
from the fumc. the Murray fuTne has IN
be shipped TO another works OF the Amer
icsn Smelling & Refining company. which
ia equipped with plant for that pur-
her Of load smelling plants. II is not
good financial policy 10 provide every
plant with an arsenic establishment for
II would ho idle three-nuartcrs OF the
time But II the Murray plant had hap
pcned 10 be the one provided with ITS
own arsenic establishment the cost OF
working up the fumc would not have
been over s. per ton, thus diminishing
the loss shown above by 1886 leaving
tho loss for four years and eight months
still sci,loi.2S,
The Daytona daily news. [volume] (Daytona, Fla.) 1903-1926, 1912-02-14
The HAMILTON

At the Hamilton Saturday night
the guests and a number of out
Siders enjoyed a musical entertain
men of rare quality, delightful pro
gram being rendered by the Got
thaHd Duo of Alpine musicians and
yodlers. These talented performers
are one of the features of the Elks
carnival now going on at the New
Daytona theater and the Elks' club
building at Palmetto and Volusia
avenues.
Recent arrivals at the Hamilton
are Mrs John Lyons Agnew Pitts
burg, Mr. and Mrs H w Brown Cieve-
land, Miss Dayne Scott Terre Haute
Ind, w L Cranch Kansas City Mo,
w S Lawrence Jacksonville, P A
Peterson Atlanta, Mr. and, Mns A
Snyder Scranton Pa, Miss L r In
gals Portland Me, Mrs Flora Haigh
TeIber and daughter Lacrosse Wis,
w F Cooper Sr w F Cooper Jr Phil
adelphia, Mr. and Mrs L j Meyer
Lansford Pa, Mr. and Mrs H D Krebd-
er AnnevRHe Pa, Mr. and Mrs c
Schoff Louisa NJ Schoff Cadillac
Mich, N r Millard Falls Village CT,
Mr. and Mrs A E Ostrander, maid
and two children Ridgewood n j, Mr.
and Mrs J w Euens Van Vert o,
C Front Orlando.
The Daytona daily news. [volume] (Daytona, Fla.) 1903-1926, 1912-02-14
A CURIOUS ACCIDENT.
IL Caused the Wreck, Long shrouded
In Mystery, of Schooner.

IL Caused the Wreck, Long Shrouded
In Mystery, of . Schooner.
The queer accidents that have hap
pened to Maine vessels would fill a
volume. and some of them would not
be believed An old coaster captain
recalled the mysterious wreck Of the
little schooner Active In Fox island
thoroughfares some years ago. 1t was
In the fall of the year. and the Active
was going through the narrow pas
sage between the islands. She carried
only two men. the master, Captain
Ray, and his sixteen-year-od son.
When last seen under sail the Active
was shipshape. the boy at the wheel
and his father below taking a nap, as
it was afterward found. Next day the
Active was found on the rocks, with
her stern stove in. the master drown
ed In his bunk and the boy dead at
the wheel with a bullet hole in his
head.
This discovery caused a great sensa
ton. and there appeared to be no mo-
tives for any one to kill the boy, and
oo Az W do hhONn lAldI the SllOl IluSI
have been fred by a third person. the
whole affair was a mystery and re-
manned thus for years, when a man in
distant state confessed on his death
bed that it was he who fred the shot
that killed the helmsman Of the Ac-
tive
The man said that he had fred at a
hawk, which was circling low, and did
not see the schooner. which suddenly
came into range. owing to an interven-
ing clump of bushes. Then he was
Mortified to see the boy at the schOon-
er's wheel throw up his hands and fall
to the deck, while the vessel preached
to and was driven ashore by the wind
and tide. The gunner. who was after
gulls and ducks, fed without waiting
to investigate the result of his unfor-
tunate shot. fearing that If he reported
the matter to the authorities he might.
although innocent of any criminal In
tent. be imprisoned.-W Washington Post