davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-31
LAKE COPPER STOCKS
ARE REPORTED STRONG

James A. Pollock & Co., bankers and
brokers. furnish the following, received
over their private wire yesterday after
noon:
Paine. wehber G. Co. Boston.-Local
coppers continued strong and active to-
day. Shannon was very strong and with
every prospect of selling materially high
er next week Owing to the fact that
tax day the first day OF April, comes
on Monday, many operators sold out their
stocks today. but these will all be taken
back the first Of the week, and we look
for a continuation OF the present bull
market, with considerably higher range
OF prices by the end of next week
Logan & Bryan, New York.-we feel
rather cheerful to the future, but be-
lieve that optimism should be tempered
with moderation at this period, for we
are apparently the eve OF a coal
strike and on the eve OF such other la
Dor difficulties as may tend. II carried
to the extreme. to jeopardize trade and
industry such as was the case in Eng
land. we believe that the situation In
the above respect may he termed as
being we'll in hand, but from a stock
market standpoint 1t may be well to con-
fine purchases TO the occasional down
turns, and accept moderate profits pend
ing further occurrences. Today's bank
statement was a rather unsatisfactory
exhibit and a hardening tendency in the
money market has been noted.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-31
SIOUX CON. MINE
IS CLOSED DOWN
Gold Chain Conditions
Are Reported to Be
Good.

r. G. Davies Of the firm Of William
n, Child & Co has returned from a visit
to Tintic, and brings tho information
that the Sioux Consolidated has been
closed down, probably on account Of the
fact that the pay ore has been about ex-
tracted from the property. The mine, he
nitely, or until some favorable develop
ment in an adjoining property shall be
such as to warrant the operating OF the
mine again. A general cleanup at the
mine has been in progress for some time
and IT. Is reported that the ore has been
taken out wherever available.
Mr., Davies made an inspection Of the
Gold Chain property. which, he says. un-
dor the supervision OF Superintendent
August Wetterstrom, has been opened
up in excellent shape The Cold Chain,
deal OF credit should be given Mr., Wet
terstrom for the efficient manner In
which he has conducted the property The
ore on the Gold Chain was first opened
on the 400-foot level. Here a drift In
the ore body has been made for 200 feet
On the 700-foot level the same vein has
been exposed for 426 feet. Mr. Davies
width and Will assay about S25 per ton.
A wlnze has been sunk fifty feet below
the 700. and this Is also in ore, he says
The cave which was recently struck he
reports TO be about 900 feet long and
says q drift has been run to within 100
feet of the cave. and under II. with the
expectations that ore will be encoun-
tered.
II Is understood that the entire force
Of the Sioux Consolidated will be moved
over to the Grand Central and to the
Gold Chain. with w. D. Loose. a brother
OF c. E. Loose, In charge. In connection
with the change, Eureka furnishes the
following:
August Wetterstrom has resigned his
position as superintendent Of the Grand
Central and Gold Chain mines and on the
1st Of April will be succeeded by w. D.
Loose. who has for the past few years
been holding the same position at the
Sioux Consolidated mine. Under the su-
perintendency Of Mr.. Wetterstrom both
the Grand Central and Cold Chain have
become exceptionally heavy producers,
and notwithstanding the fact that the
ore shipments have been large the un-
derground operations have been so con-
Quoted that there is now immense depos-
its Of shipping ore blocked out In these
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-31
NEVADA CON. MILL
RUNS EIGHT UNITS
Capacity Is Ten Thousand
Tons of Ore Per
Day.

Ten thousand tons OF ore are being
put through the mill at the Steptoe
valley plant every day now and op-
eratlons are being pushed as much as
possible. says the Ely EXpositor, With
the rise in the copper metal market
every man around tho big works is
feeling more enthusiastic as he realizes
the company Is making an additional
profit and that II will mean a contipu-
ance and possibly enlargement Of the
operations In this district
1t takes 600 men. who are divided into
three shifts. 10 keep the ore going
through tho concentrator when all eight
While there has not been any apprecia-
bic Increase In the amount OF water
coming through the Duck creek p!pc
line. there Is large amount OF snow
of the cold weather and the plant Is get
ting all that Is needed anyway. The
SHOWS viii begin to melt soon and the
water can't get away without making
the Journey through the pipe and mill
Four thousand five hundred gallons
of water is being delivered every minute
settling and clarifying basin and more
can be had from the same place IL 1t is
needed. With this economy OF the water
supply there Is no fear remaining that
there VIII be a shortage OF that neces-
sary fluid during the coming summer.
In other departments OF the plant
things are running as smoothly as can
be imagined. which speaks for the eff
cheney OF the management Most OF the
10000 tons of ore Is coming from the
Nevada Consolidated pits at Copper Flat,
though at least 1000 tons a day comes
from the deep mining in the Veteran. The
grade Of the crude ore Is being main
tained at the usual average, nearly
per cent. but the Veteran ore often runs
considerably higher. With the sinners
working more successfully than ever the
net saving Of copper Is now the best
that was ever made at the plant for
any length OF time.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-31
SWANSEA CON. ORE
is BETTER GRADE

There has been a change for the bet
ter in the north drift upon the $40 level
of the Swansea Consolidated mine, the
oxidzed iron giving way TO sulphides IN
which there are small punches OF Galena.
Superintendent Hoffman is very we'll
pleased with the present showing in this
drift and believes that he will soon be
into a shipping product again. The con-
dition OF the raise is practically the same
as It was O week ago containing about
crosscut from the north drift has been
driven n distance OF about 30 feet and
while It has opened nothing OF import
ance the work shows that the vein Is
very wide at that pont.-Eureka Re
porter,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-31
MARKET FOR WEEK
WAS FLUCTUAT|NC
Optimistic Feeling Prevails
Among Stock Exchange
Members.
ALTA ROADS OPENED
Tintic Speculative Stocks
Have Been in Demand
on Exchange.
ALTA ROADS OPENED

The Salt Lake market Saturday closed
a week IN which fluctuations had been
numerous, with general advance, how
Copper was the feature of the week S
trading. advancing rapidly 10 $2.17s per
share, but declining TO s1.575 on Satur-
day. The sales on the advance were
not heavy in this stock and II is the
general impression that the rise WAS due
TO manipulation. II was announced Sat
urday that the superint endent had or
dered more rolls for the mill. so that the
impression has been spread that the ca
pacity will be shortly increased. On the
lack Of authentic news on the parties
property. stockholders are awaiting the
time when something will be announced
by the management.
Alta Consolidated has been active dur
Ing the week, closing at AZ cents. The
ore In the mine Is high grade and ship
ments are being made from some of the
accumulated ores In the mine, Other
Alta properties have suffered from lack
OF power. but the difficulties for the win
ter are about over with. Columbus EX
tension is following a streak OF ore In
the, face, which Manager Cooks says Is
tI high grade a,t1i The work OF r driving the
bus Consolidated has some promising
showings in places.
The Tintic stocks have been in demand
during the week, preferably in the low
er-priced speculative stocks. The trad
ers generally appear 10 be expecting bet
ter markets. A report that a man had
been killed in the Thompson Quincy was
current on the street Saturday, but this
report was found 10 be incorrect. al
though an accident had occurred al the
mine Sales for the day were 1880
shares. which brought s650o.25. For the
week. sales were 260,495 shares, valued
at S63.712.6s and for the month, 1.647 s63
shares, for S240,3S3,71. The closing un-
listed and listed stock quotations fol-
low:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-31
HALIFAX STRIKE
GETTING BIGGER

Confirming thc report OF the strike In
Ine HALIFAX Tonopah, a outlined I'm The
Tribune Saturday. the Tonopah Bonanza
1T was learned this afternoon that
rlch ore had been struck In the Halifax
and that AT the time OF going Ia nress
mat the miners were already eight feet
In the ore and that the rock that was
being taken out was OF extremely high
THE Halifax stock jumped - cents
from the time that the news first be-
came known and IL is likely that the
stock VIII take a further advance when
the outside world hears about the ind. :"
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-31
Leasing Operations.

The Jumping Jack and Stray Dog
have been in operation by leasers for sew
era years and while considerable ore
was taken out by these leasers the roy
alt!es were used In a lawsuit over an
apex right within the Union No. 9, We
are now beginning to get some royalties
in cash from these leases and they are
doing a vast amount OF development
work on the ground. which will be of
material benefit TO the company when
the properties are turned over and the
leases expire.
There Is no one who will make
greater effort to give all the truth with
reference 10 any mining propositions In
Nevada than ourselves and we would not
hesitate in condemning an illegltimate
one, IL we knew il, and are always anx-
ious to give those which are working all
the credit that Is due them.
I'VE wish to say that the controlling
interest OF the Jumping Jack Merger
Mines have almost If not quite s500.0
invested In the properties which were
promoted by the Sullivan Trust company
and we hope TO be able to make mine
OF some OF them so as 10 pull out
large part Of what has heretofore ap-
peared to be a loss"
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-31
FORENOON SALES

Lion Hill. $500 at &c.
May Day. 500 al 1sc
New York. 300 at Sc
Ohio Copper. 200 al $50: $50 at s1.57A
at Sc. wv
silver King Coalition so a, sl.s2s; 100
Swansea. 5000 at sac.
United Tintic. 5000 at lac.
Uncle Sam. $50 at zee
Union Chief. 1000 at &C.
Wilber,. 1000 AZ 27c.
OPEN BOARD.
Black Jack. 1900 at l5c.
Iron Blossom. loo at sl52t: 100 al Al IN
Ohio Copper. 200 at 81 80
Sioux Con. 1000 at 42c
Swansea, 3000 AT sac.
Piutus. 1900 at SIC
TOTAL SALES
Regular. 25.25o shares for s3242.25.
Open. l1.700 sharcs for s325s
WEEKS TOTALS.
200. $50 shares for S52.7l2.sS
MONTHS TOTALS
l.6iI.s63 shares for s240.3s3.7I.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-31
.|RON BLOSSOM IS !
DEVELOPING ORE'
Reported to Block Ont |.
Much as Is Being \
Shipped.
TlNTlC MINE NEW,
Many Leasers in the Distrif
Are Operating at a 4
Profit.
TlNTIC MINE

Tho late developments In the y.
Bfsssom have not been given ertsr.
publicity, but those who ars fsnt,.
with the district furnish the ,nforr,,,,
that the management Is blocking an,
much ore as is shipped. This cond,,,,
would certainly refleot with credit an J,
property as an average OF mora 81.
forty-five cars OF ore per veek I,
being sent out from the mine. The nm
une Is informed that the w1nzs In !,
No. l workings Is down fifty fest ~.
the 6O0-foot level In copper ore thst !,
says about 10 per cent. This ia sai6
DE the same ore that was found I'm /,
ll0o-foot level but which is not as ~
grade. The management IL is und1
stood will prosecute some deem W.
in the nline and Will prospect the ass,c'
at depth. The Eureka Reporter r.
that the Iron Blossom last week shir-
about ninety tons OF copper ore from q
find and that the ore ASSAYS ahor4
per cent copper, twenty ounces In siIv'
and Sc in gold. Tho Reporter gfrss X
following account OF the condftJona
various properties In the dtstrict;
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-31
UTAH RARE METALS
COMPANY STARTS UP

The Utah Rare Metals Mining com :,
pany Saturday shipped to Cisco, Grand
terIal for the uranium and vanadium
claims at Richardson. A force OF ten
men will start work this week getting
out three carloads OF high grade uranium
ore for the eastern and European mar
kets. The company also has a large or
der for vanadium ore to be taken out
by May 10.
Il. r. Roberts, selling agent has just
returned from a trip over the property
and reports everything In fine shape, with
an indication OF prosperous times In
southea stern Utah this summer
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-31
Makes Shipment.

T. l.. Evans OF Provo. who 10 y
ested In the Utah Consolidated
erty, was in Tintic during the
part Of the week for the purpose o
spectlng the mine. The present sho
at the Utah Is quite encouraging
the small stringer OF ore which ~
being followed In a southeasterly q
tion promises to connect up with a I
larger deposit. In following this D
OF ore the miners have already Z
enough for a shipment and this vi
sent to the smelter during the pr
week.
Two carloads OF ore were sent our
the Dragon Consolidated property o1
the week, and according TO SUP
tendent Charles ZabrisRie. another
ment OF about the same size Is nq'
the ore house and will be sent ovs
Monday. The ore body IS openin9
In nice shape In the Dragon ana
prospects are good for an Increased
mage fyom this mine.
The Beck Tunnel will close the pfo
month with a total OF about twenty
OF ore to its credit. and accorulnS
the mine assays this ore was wortn =
S25 per ton. After the payment OF
road and smelter charges the orc sp
bring the company between Slo ana
per ton. and In view OF the iaaI
a heavy tonnage Is being sent ouS
mine Is no doubt cutting down tns
debtedness at a very lively CLIP
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-31
COALITION FINDS
HIGH-GRADE ORE

Utah Mines Coalition has run into a
cave in drift about 800 feet out from
the 900-foot level. There is two feet OF
high grade ore frozen 10 the wall and
Gus in this working II is being ex-
plored. The cave Is fifty feet in length
and thirty feet deep. The experience OF
the company is that these caves are In
dicatIve Of good ore deposits. and for this
reason the management is we'll pleased
With the showing.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-31
Whiskey Costs "
12C a Gallon
A Kansas city Man Has Pu0,,s
Book, Giving the Formula oy
she WhIskey Trust Makes ,
S. Per Gallon WhlskeY -
ONLY 12c Per Gallon.
FIahts the Whlskey Trusf oS -
Book Containing Formula =
to Every Ono.

Mr. MARCEL, located at slZ nas
Kansas City. Mo. has pu6,lliis,nasS1s 4
fic EaPosed.' In which he 9,n.SsI sSSTs Of p q!
mntiHeS nineh Gf barley malt g;aIs ge;nnyss 81 VII vi
Yeast. Yeast and makes hve gallons Zoe: q snd
al a total cost of less taan SVJiI SojiarS
sells il at from four TO hve 11,hiskey
Ion. He explains now .ns nd shora
ons make their miliomS and autono.
P9ys PTbe tSr book thg is fascinating SION IssISIss
great ps 0Ch crime against the e0n'uA
whlsley. ,,,,o out thou.
OF these books exposing count Of
The whlskey trust on ANY on1
trusts dght against nm ,ns bodk
tcretted should write 'o'
will be sent frae-
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-31
Assays Are High.

No 1 vein has been tapped by n cross
cut tunnel the past summer at depth
of sixty feet and at this depth shows
five feet OF solid copper ore. averaging
1910 per cent copper, This vein has
been stripped on the surface for a dis
tance OF 2000 feet. No. 2 vein is a par
allel vein to No. l. and shows on the
surface about three feet mixed galena
and gray copper, with quartz samples.
avera ging 500 per ton No work except
surface stripping has been done on this.
No. 3 vein. a parallel vein TO No l.,
and about 500 feet from H. with No. 2
vein between, has been tapped with a
short crosscut tunnel TO a depth OF
thirty five feet; also come forty feet of
drifting on the vein, This vein shows
four feet OF calcopyrite copper ore with
about two feet of rich galena and gray
copper on the hanging wall Assays
from this latter streak give as high as
$3.50 per ton in silver and lead alone.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-31
Vein System.

There are three parallel veins In the
Rocher de Boule. with a northerly and
southerly strike identcally the same in
each vein. The dip OF the upper and
lower of the middle lead is 35 degrees,
The leads run on their strike with
the mountain and on side thereof
and they dip Into and towards the CEN
ter of the mountain.
The veins are assures lying In a coun-
try rock OF granite divide and the out
groupings Of two Of the leads can be
found for over 5000 feet, On account of
heavy surface wall the outcroppings Of
the lower lead have not been located
for moro than 1000 feet.
The vein formation and mineral fill
Ing have probably been the result Of an
cient faults which have opened up par
allel fractures into which mineral-bear-
ing solutions from below have come up
and deposited their min eral contents.
The upper lead varies In width be-
tween four and eight feet and has been
opened up by four cuts giving twenty
feet of depth and by one short crosscut
tunnel giving forty feet of depth.
The ore In this vein Is composed OF
chalcopyrte. bornite and red oxide. The
veins on the Rocher dc Boule property
are said to be the largest yet deyel-
oped In the district.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-31
500, ,oOo.o for a Utah Corporation.

4 confirmation of the report that a
deal had been closed for the placing Of
one hundred thousand dollars worth Of
the treasury stock of the Utah Karns
Iuneling Machine company is caus-
ing considerable interest among local
investors
The steady advance in the price OF
this stock seems likely to contfnua.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-31
Tintic Central Quartz.

Superintendent Thomas Holdaway
ports things moving along In nice al,
at the Tintic Central property In
eastern. end of the district. The a
upon the $50 level is still penetrat
a splendid body OF quartz and willis Ii
has been no important change dur
the past few weeks the present shos'
is very satisfactory. The face Of
drift is now something like 1875 feet A
the shaft
An offshoot from the big orc BODY
the Iron Blossom is being followed 3
toward the Tintlc Central property
cording TO a report which is being
culated by miners at work IN the Tor
mine. This bunch Of ore VIII OF cod
have to keep It's present direction &c
distance yet before reaching the I'll
Central ground, but even at that tn
seems to be very fair chance of ?
neighboring property carrying a port
OF the Iron Blossom ore.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-31
Mining Notes.

+. n. <hoff left for Beaver county
Saturday night TO inspect the Busy Bee
property.
r. T.. Browne, mining engineer mas re-
terested In mining properties. Mr.
Browne says that the mining camps In
Nevada are generally experiencing better
times
w. G. Albertson and f. NJ. Bradshaw
have returned from a mining trip to Ne
vada.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-31
Metal Market

The metal quotations for satu'
posted BIZ Mccormick s. Co, we're =. -
lows: Silver. 5sc; lead. A.so' 0''
Sl451S.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-31
STOCKS, BONDS, GRAINS,
PROVISIONS, COTTON.
James A. Pollock & Co,
BANKERS AND BROKERS

BANKERS AND BROKERS
Ss3~3sS South Main Street (Feis sldo1
Salt Lake City.
Direct Private Wires to all MarketA
Duplex System-One Relay to New York
and Boston.
Correspondents Members all Exchanges
Stocks Carried on Liberal Margins
Specialists in Mountain States Telephons
and Telegraph
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-31
Leasel-s Active.

According to J. II. McChrystai nsa
100 men are now at work IN that n
OF the Gemini mine which is being
Grated under the leasing system, 4
In most cases the lessees are meoi|
with very fair success, in fact Cd
splendid ore is being mined. The n
upon the pay roll OF the Gemini Cd
pany are not mining any ore at
present time. but are being kept hI
upon development work, and practIc1
the same policy is being carried oui'
connection with the work at the ~
& Valley, although the latter mins
marketing some ore each month.
The leasing system has always b
popular with the miners OF Tintic an6
is not at all unusual for lessees to ND
money by taking out small bunches|
ore from the old Slopes where the 81
pany could hardly operate at pr(
and then there is always possibiI
of getting into something bigger and n
ter. Many nice punches OF ore 81
found in the old workings of the Eur
Hill and Beck after they were turn
over to the lessees, and while II q
only a short time ago that the Cen
people adopted this system, some O.
strikes have already been made
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-31

THE ART OF PRINTING
Would be lost in Salt Lake II sne
tury were not in business. oo''a
office place.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-31
Boston Mining Stocks.

James A Pollock G. 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, 1912-03-31
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, 1912-03-31

ANOTHER WONDER. WHAT IS IT7
Ycu can get Num- s Black Oil out
of Salt Lake,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-31
PIONEERS OVERCOME
VARIOUS OBSTACLES
Dick Wells Says Prices Are
High at Hazelton,
B. G..
DISTRICT IS PROMISING
Rocher de Boule Has Uncov-
cred a Big Copper Ore
Body.
IS PROMISING

Dick Wells, who Will he remembered
by many OF the Salt Lake mining mon,
writes from Hazelton. b c.. that mining
in that section Is so expensive that when
ore Is found the disooverer is entitled
TO all OF the profits that can be obtained
Powder Is s32 per hundred pounds; hay
is 500 per ton; oats. 81 cents per pound /;
bread. 25 cents per loaf; ranch eggs,
three for a quarter; steel, 80 cents a
pound, blacksmith coal. $50 a ton; and
other articles In proportion. Mr.. Wells
writes: Talking OF prices on the des-
ert and Death Valley mining. this has
any of the pioneer days beat to a fraz-
Zle and II simply shows that we have
the ore and the goods TO back UP our
for the cost Of supplies would
never be imagined unless we had the
products TO substantate the same.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-31
Provisions High.

When T. A. Cowan. the son Of John
F, Cowan, came in, he mushed through
eighty five miles and paid 25 cents a
pound for baggage frelghted at the same
time, showing the faith we place In this
country and the chances we all take,
while Inc man that waits for opportu-
nifty for nothing lives in his happy home
and the easy cushion chair in his office.
We contend with snow. rain, and all
weather nature so deems flt for tho
chance to wrest from the ground the
wealth we are all entitled to-
Local people are Interested In the dis
trict around Hazelton because of the
recent acquisition of the Rocher de
Boule Copper company by John F. Cowan
and associates, Development at the
property has proceeded continuously for
some time, The most recent disclosure
In the mine is the development OF a
body Of ore fifty feet deep. 200 feet long
per cent copper. This Is confirmed by
Mr.. Wells in his communication.