davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-13
WALL STREET SEES
BRIGHT ERA AHEAD
Fundamental Conditions Fa-
vorable and Incoming Ad-
ministration Not Feared,

The following review OF business Condl-
tons given by Thompson, Towle & Co.
of Boston and New York follows the re-
cent election in timely and cncouroe-
ing manner:
Optimism pervades Wall street II is
seldom that there IS such unanlmity OF
opinion as 10 the outlook, Predictions
are heard on all sides. from high imam
cial quarters down 10 the smallest put
and call man in Now street. that the
country is entering on an era OF un-
psrall4ied prosperity
Previous 10 the election fears werc eI
pressed IN many quarters tlla, n period
OF poor business would follow Demo-
cratic success at the polls; but those per-
sons-and amongst them wcro interests
whose words are given much weight
are now The most positive in asserting
that our fundamental position IS too
sound 10 be Injured by radical legislation
even granting that !, will he enact ed.
But there are very important Wall
street Interests OF the opposite political
faith Of President elect Wilson. who DO
not hesitate to openly say that they VIII
be extremely surprised should legislation
be passed by Democrats which Viii tend
To disturb business. Thcv poin, la the
conservative and reassuring statements
civ en- out Yesterday by the president elect
as supporting this view.
The strongest argument in support Of
optimistic views now generally held IL
Wall street. however. Is that our fuuda-
mental position Is unprcCcdcnt e1ly
strong Our tremendously big crops,
bank cleavincs. building figures. sharply
increasing railroad Traffic. figures on
growing foreign trade. brisk revival In
industrial activity and many other inn
portsrt factors are cited TO prove this
assertion.
However. whether the prcya ailins con-
sensus OF opinion be right or wrong, IL
is an un6isputed fact that capital ls
grad ually Displaying more courag &c. and
large financial interests are. backing up
their expressed belief al TO the outlook
bN launching new enterprises ana
strengthening organizations In which they
arc now interested so that they may be
able 10 take full advantage OF promised
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-13
Railroad Plans.

Just as soon as the deal has beer fully
rounded out for presentation 20 tho va
rious shareholders OF all properties con-
ceTned, statements viii issued giving all
The details fc- those interested. the
agreement So far entered into spccifving
~ course. that the ratifica ton of stock
holders must be secuted in all Gases
Ono OF thr latest transportation acces-
soTies at the disposal 81 the Alta prop
ertles Is the custom i'ainwaN' atrucl ed
b tho Michigan tlh Consolidated COM
pauS, and word comes from Sandy that
n corps of surveyors II now at work going
over the probable extension OF the rail-
road tracks from the Sand Pits ont Of
Sandy ie Wasatcl. ThIs now railroad
work has hccn planned FOR some time
past. one object OF the same being 10
trp ihc granite quarries in Little Cotton
Wood canyon. flpm which stone Is being
taken 80 thls time for the new hlgn
school. wliiic II IS likely that this granite
Will be utilized FOR portion OF the new
stste capitol. The business from the
Alta mines will be another valuable item
To- such u railroad. and its construction
VIII mean much cheaper production for
the mining companies.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-13
Tunnel Plans Forming.

The drain iunrei plans are still in en-
hryo. hut il is more than likely that the
new tunnel will bc located upon the
superior Alto terTtor!', and extended
into and Through the Extension. the
Consolidated and FLAGSTAFF properties
20 a considerable depth over anything
heretofore secured. laying bare the heart
OF the mountains whose surface workings
havc afforded many millions Of dollars
In mineral. il Is cstirnat cd that the water
alone from the tunnel can he put TO such
use az - return n generous share OF the
cost OF this tunnel work. there being sew
cral disDositIons open FOR this water now
positively assured.
The success OF this merger which now
appears An absolute certainty, will pave
the way for another very largo and rich
mineral producer Of Utah. The manr
stockholders of all tho companies win
lie relieved or the burden of meeting cX-
isting expenses and physical difficulties,
securing an assured return on their orlgi-
nal Investment and In q far piorc sat
isfactcry and expeditions manner than is
po4siblc under existing circumstances.
" ~ 4 deal that has been dreamed Of
. 'r many years. and it's consumnla tlon
fvin be 'hc cause OF much qualification
nnOng thousands interested
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-13
Large Area Involved.

This merger brings together some OF
the greatest mining properties Of the
state Of Utah, Compridinz approNinateiN
SEQ acres OF splendid mineral land. II
property interests OF which several are
isnov-n. while it Will open the way for
tho driving OF q new drain and opera ting
tunnel into the heart OF tho ctmp. there
bv affordinS the first logical and econom-
ical entry 10 the depths OF the Alta min
cr.d zone.
II is known tina, the new company is
10 begin its existence fully financed for
the purpose OF clearing away thc debts
OF all the companies involved, leaving
sufficient money remaining TO drive the
now tunnel and 10 provide ali the acccs-
ilop on the resources of these mines.
Among tho possibilities is q remod cled
concentrating plant.
Al who are familiar with tho Alta
camp appreciate tho fact that existing
conditions can not longer nc endured by
this consolidation. The career Of the
Columbus Consolidated property has dem
onstrate1 clearly the futility Of Continu-
ing operations without adequate drain
age facilities. For each dollar extracted
IN ore the company lIas had TO pay
dollar 10 market IL. and the management
has determined upon the immediate COS
sation OF milling operations and the pull
lug OF all the puil'fE, thereby relieving
tho company Of the burden OF expense
attached 10 this work. During the five
weeks preceding the recent strike Of
dated company produced S1AIa2.5T worth
OF orc, and IL cost about $1,000 10 pro-
ducc IL. There can DC no question.
therefore but what drain tunnel will
be the salvation OF this as we'll as OF all
the other propositions involved in the
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-13
Outlook Gratifying.

Mir. lielths business is handling zinc
ores among other things, and he is one
Of the many who have made Utah numcr-
ous visits during the past few months in
the attempt to encourage Jhe production
Of such ore within this state. When seen
by The Tribune yesterday he asserte ed
it TO be his belief that VIC are not going
to experience any very pronounced drop
IN spcltcr prices. the outlook being cA-
trcmcly gratifying from the standpoint
OF the Speltcr producer
Consumption during 1919. he stated,
bids fair 10 exceed that OF 1911 by at
least 30 0Co tons. The smelling capacity
has tho appearance of being Increased BY
the end Of the year but furnaces now
IN operation III the gas belt VIII be dis
continued to some extent. so that the in
crease in the number OF new furnac ce9
viii about balance the number closed.
Manufacturers are crowded with orders
and they likewise arc crowded 10 secure
an adequate quantity OF the metal so
were 5000 tons Of spclter imported from
GERMANY This Importation served ap-
narently 10 break the price OF speltcr
about 20 cents on the hundred pounds.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-13
TRADERS. MARKET IS
EXPECTED IN EAST

James A. Pollock & Co. bankers and
brokers. furnish the following. received
over their private wire yesterday after
Paine. Weber & Co.. Boston, In spite
OF severa! bear drives today the mar
hct did very well rs whole. The clos
terday's low and The buying WAS sucn
as TO inspire confidence. In the local
list CRANKY and Shnttuck were among
tho leaders. each showing decided
our opinion that. for some time TO come.
we shall have traders market with
gradually saggiDs prices, and We advise
taking advantage OF all SHARP rallies to
make sales.
Logan & Bryan, New York: The high
or prices induced by the strength in Lon
don were not maintained for n very great
length OF time. despite the fact that
London. Berlin and Paris were report ed
as being rather substantial buyers OF
American Issues. The aggressivcncss of
the element committed to the side of
declining prices was reflected blN-a sharp
downturn which carried prices in most
instances below tho low Level record cd
IN tho late trading yesterday, but, on
stantiai character was rendered and
prices recovered slowly at first, but
later they moved upwarS sharply un-
der the stimulus OF n renewal of foreign
mcstic investors.
The better feeling which prevailed III
the afternoon MAS predicted for tho most
part OH the statement circulated to the
effect that the president elect would
not make known his attitude with re-
gard 10 calling all extra scssion or con-
Grcss shortly after the Inauguration until
| his return from his vaca tlou. This was
construed meaning that the decision
| from the call an extra session was not
| entirely determined upon
On the basis of averages the stock
market declined during four consecutive
sessions so that the upturn today was
not unnatural and especially as tho
short Interests had expanded consider
| ably and as many weak accounts were
| eliminated. We still incline TO the vcw
| that a conservative course is advisable
on the buying side and that purchases
should be confined TO the sharp drives
such those recently Witnessed and
| moderate profits not ignored
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-13
WHERE THE UNITED
STATES GETS LEAD
Statistics of Geological Sur
vey Just Released Show
Interesting Phase.

In Mineral Resources ror 1911, and in
the portion concerning lead. the
source OF This metal IS given In de-
tail affording figures which all students
of the lead situation should have. The
total amount brought, into available form
during 1911 was 500.2s2 short tons, against
fSoIS0 short tons in 1910. 45..0ij short
tons i'm 1909 and ioS.525 short tons in
1908. or the 1911 total, the mines OF the
United States produced Ao$,lis short
tons, OF Which Utah gave 55.l9S short
tons. Or 15.I? per cent uf the totai. while
tn" total lead secured from foreign ore
and base bullion measured Hi.i3l tons.
II iS interesting 10 note In this conncc-
tiou thHt Mexico furnished only ?.2iI
short tons last year Tor America. against
@i.6fS tons OF tho year before, and 5G3S9
tons in 1908. all In hasc bullion, while In
orc Mc.ico sent i'm 6l.31S tons IN 1911.
against 5o.159 tons in 1910. Mexico there
fore. Iast year shipped in q total OF Ht.l2l
short tons ont OF the total imports OF
9i.iiJ. The world in in1l produced
l,2o1,of short tons OF lead. tho United
states production being &2.' per cent
Of the total.
The following table shows tho con-
sumption OF lead Tor 1910 ana 1911
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-13
TINTIC STOCKS ARE
FEATURES TUESDAY

The lower priced Tintic issues wcre the
features OF trading yesterday on the local
exchange the demand for nearly all the
regularly listed Tintic issues being ma
tcr!ally increased. There was. however,
littlo demand for the higher-prlcod stocks
with tho exception OF Silver king Coali :
tion. bids OF SS.10 failing 10 bring out
npN OF this closcly-held stoCk.
There were two sales In the unlisted
division Yesterday. Alta Consolidated GO
ing Tor 3S and 10 cents share, seller
sixty days. 1000 shares In each case,
whIlo New Serington Copper sold for 10
cents a share. 200 shares passing hands.
Total sales Tuesday OF 6l.650 shares OF
stock had q market value OF s62o612.
THE following we're the closing transac-
tionS:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-13
HALIFAX EQUIPMENT
HAS BEEN INSTALLED

REGARDING the Halifax machincry. the
Tonopah Miner says:
The ifaN-Tonopsh Mining Co0IDauy
has this week installed ut It's main work
ing shaft an electric hoistine plant which
~ the most modern and most powerful in
Nevada.
structed by the Wellulan- SeaverA Morgan
company Of Cleveland, o.. consists oc two
drums each 60 inches In diameter and
@G-inch face. fitted with friction clutch
and post brake driven through one rcduc-
ton OF hcrinSbcnc gears.
Tho moist is designed TO operate either
in or out OF balance and is cnpablc Of
handling the following load: Pounds
skip and cage. Observation-Disclosures. 4O0n
3re ''''''''''.''.' ''.'''.''.''''' Ho HUoo
Rope Observation-Disclosures. 5000
Total ............... rs 900
The hoist has speed OF $50 feet a.
minute. The drums arc lifted with Web
stc~. Camp & Lane friction clutch. haY-
ing n holding capacity IN excess OF the
maximum load coming on the drum. They
consisting OF two steel beams lined with
basswood bearing blocks These brakes
arc set by means OF weights and released
by compressed air conveyed from the
over, the air be shut off from this
through any cause. an automatic device
starts an electric motor which imnedi-
stelF drives reserve compressor for the
clutches and multiple unit system OF con-
troll
Tho hoist is operated by a 200 horse
power Westinghouse electric motor and
the electric power Is SO controlled by a
magnetic switchboard that at no time
can the hoist be run at greater than the
set speed the electric power being auto
matically controlled independently OF the
hoist engineer, The hoist drums arc each
equipped with $500 feet OF 1i-jnch yellow
strand steel rope
Tho installation OF this splendid pla Mt
was completed on Thursday and as soon
as the three-ton siSips arrive. sinking on
tho main shaft from its present depth OF
l4Oo feet will be resumed
No greater proof OF the confidence OF
tho company in the ultimate result OF the
development Of the property could be
DISPLAYED.
In the minn drifting west on the 800
foot level was extended the usual dis
,ance without change. The cutting Of
the station on the l000-foot level Is pro-
crossing ra plJly.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-13
SPECIAL MEETING OF THE MEM
8ERS OF THE COUNTRY CLUB

Notice IS hereby given that a special
meeting IL the members OF the Country
club is called 10 be held in supper room,
m eZzanlnc floor. Hotel Utah. at Salt Lake
City, Titan. on Wednesday, the Attn day
OF December, 1912. at 8 o'clock D. IN. OF
that day. Tine purpose Of said nleetin:.
is to vote upon resolution or resolutions
authorizing the directors OF the Country
CLUB TO sell exchange or otherwise dis
pose OF all the real property OF said club.
10 buy other property. and 10 issVc mort .
cages. bonds. or other evidences OF in
dehtedness OF tho club FOR the purpose OF
carrying out tho resolutions.
BY order OF the board OF directors.
Dated November = 1912.
ki=i: SAMUEL II. NEIL, Sccy.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-13
Mining Notes.

A +. Jacobs has received word OF the
death of his mother at her home in
Berlin.
George w Morgan has returned from a
vsi; 10 the Mines Operating company
mInc and mill at Park CITY 10 pro-
uounc.s .hc mill one ot tho most com
plete I'm the west and ono giving splen-
did satisfaction.
An assessment OF two mills per share
has been levied by the ReNall silver a;
Copper company which is delinquent on
December 9. the sale day being set Tor
December so.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-13

FORENOON SALES
Crown Point 2oOO at aic; 1000 at &c:
1850 at 3gc.
May Day. 1000 at 1sc.
Swansea ;;n0 al SEC: 5000 al Sic.
Union Chief. 100 at SIC: 1000 at &C.
Shares sold, o26o.
Selling value. 36S66,6c.
OPEN BOARD.
Cedar Tdlismau, zoo al lc.
Crown Point. 5000 at 55c, buyer sixty
DAYS: 1000 at 3ic,
Emerald, 1000 at &c.
Iron Blossom. 100 at SLID.
May Day. 800 at l6ac.
Shares sold, 1900
Selling value, Sl113.
AFTERNOON SALES.
Colorado 100 al 153c
Iron Blossom coo at 81 .1i1.
May Day, 1000 az i6c.
New York. 1000 at 1c. 1000 1T u.
Prince Consolidated 500 AT 81 i@s.
United Tiutic. 5000 al ac.
Victoria Consolidated. 500 at SIC,
Shares sold Il 300.
Selling value S1slo.oo.
OPEN BOARD.
Bingham Amalgamatcd, 1000 al &c; 1000
at Glc buyer Sixty days.
Crown Point, 700 at SIC 1000 at Sic.
Colorado, 1000 at 16c,
East Crown Point. 5000 at &c.
Iron Blossom, 200 at f,li5.
May Day, 800 al l6c; 1000 al ls1c: 1900
Piutus, 500 at &c.
Swansea 1000 at &c.
Union Chief. 1000 at &c: 1000 at SIC,
buver sixty days,
shares sold. 1900.
Selling value. SlS26.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-13
COPPER ORE TONNAGE
AT MASON SHELTER

The following ia the total orc receipts
ct Mason valley stneltcry AT Thompson
ior nc seven DAYS ending Thursday No
rembcr :. inclusive: Toms
From the Nevada Douglas Copper
company'S mine at Ludwig ...... S6,S
From the Mason Valley Mines COM
pauy's mine at Mason ............2 23S@
From miscellaneous miuss. s........... S5i
Carloads.
Shipments of copper nrattc from
Thompson Tor sauc period ,....... =
Mr.nn Nr,,r
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-13
Twiupes of rbeumatism, backaeh

Twipges of rheumatism, backache,
stiff joints aud shooting pains all show
your Kidneys are not working right.
Urinary irregularities. loss of sleep.
nervousness. weak back and soro kid
ueys tell the need of good reliable
kidney medicine. Foley Kidney Pills
arc tonic, strengthening and restora-
tive. Tbev build up the kidneys and
requisite their action. They will giyo
you quick relief and contain no habit
formiUg drugs. Safe and always sure.
Try them. Schramm-J j obuson, Drugs
Advertisement. J
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-13
Utah Zinc Production.

There was no need Of asking MI l>eitl
for his opinion regarding the usefulness
OF Utah as Il zinc produCer. His visits
In this state mediate the Importance OF
Utah in spclter way and the shipments
being made BY a numbcr al Tlnnc prop
critics In themselves are eloquent enough.
IL Is very likely that a number or new
zine producers OF Utah Will appear before
the close of the year.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-13
Metal Market.

Tho metal quotations for Tuesday. pos,
cd by McCornicl, x Co. were AS FOL.
lows: silver. 62ic. lead. $40; copper
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-13
The Denver & Rio G1ar
Railroad Co.
Effective May 1s. 1si@

DEPART pA'I'' an
Provo Mantt, marysYalc.'''.- III
Midyale and Bingham .:.'''" s.S
Denver. Chicago and East.'''" ~ ~
oeden ard intermediate peinsaa;'iiss.ssSS peinsa is.sS
OGDEN, San Francisco. PoEtsnS;:i PoanS ;:ii
SSden' San Francisco. PortiAnu s.sS
Liidyaie and Bingham -" IA
Denver. Chicago and East IA
Provo. Springviile. Tintic -" ;:M
penver. Chicago and East; E,;;. "1iidi
OGDEN. Portland and seatue
ARRIVE DALI
Ogden, San Francisco. LOS ste
Angeles 81. .-..-'' -, l0.S1
Tintic Springvllle. Provo io:S1
Rinehnm and Midvale is:i6
Bnnyer. Chicago and East,, En,r,s 2:i0
ogden and inte-medsSte o ?;il
Denver, Chicago and Eas9I E9 yyass a.
ogden. San Francisco ana
park CITY and intermediate SO
Ripp@han pUthh and Midvalc ,.--.-'' 60
Provo Mantl, MarySvGe ~, ;;,1d "A. S:s9
Ogden. San Francisco, ro,''a" .io:H
Denver. Chicago and Eas' os,s.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-13
Bid. Asked
Ore and Bullion.

Tho ore aud bGi'lou report for Tuesday.
given o. Mccormick e. Co. Was az fol-
lows. orc received. $4,000. bullion
shipped. S25,eee; total. sioe.ooo.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-13
San Frauc;gco Oil Stocks.

James \ PolloC- & Co.. bankers and
brohcrs. furnish tne following. received
over their private wirc yesterday after
noon.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-13
Nevadag 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, 1912-11-13
NEW YORK CURB CLOSE.
Ore Shipments.

Tho Utah orc Sampling company o.,
Tuesday released four cars OF ore from
Utah. two cars from Nevada and one cn!
from Colorado camps.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-13
ACCOUN SOLILiiED.
National Bank of the Republic

A thoroughly modern savings depart-
fpcnt conducted In connection with this
bank. Safe deposi. boxes for rent u. S
Depository.
Frank Knox, president; James a. Muir
ray, Vice PRESIDENT; w. r. Ears, casherj
e. a. Culbertsons assistant cashier.
Capital paid In. $500. 900 Interest paid
on time deposits
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-13
Bos,on Mining Stocks.

James \. Pollock & Co. bankers and
brokers, furnish the following, received
over their private wire yesterday after
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-11-13
New York Mining Stocks

James \. Pollock & CO.. bankers and
brokers. furnish the following. received
over their private wire yesterday after
noon.
The Richmond Virginian. (Richmond, Va.) 1910-1920, 1912-04-25
CANNON Purchases
HOUSE FOR $4,000
MRS. IAzELHURsT BoLToN FER.
KINs SELLS PROPERTY
CONVEYED BY FATHER.

George r. Cannon has purchased
from Haxelhurst Bolton Perkins and
her husband, william Allan Perkins,
for $4,000, q lot and dwelling on
the west side Of Harrison street, be-
tween Park and West avenues, &C.
cording to q deed Of bargain and sale
put to record yesterday tn the chan
Gerry clerks ONCE. This property was
conveyed to Mrs. Perkins in July.
1909. by Major Charming NJ. Bolton.
her father. Of Charlottesville.
Other deeds went to record as fol-
lows: Daniel ]. Halloran to William
r. Schneider, lot and dwelling at 3417
East Broad street, $500.
Samuel Ruth to p. B. Hatcher. lot
ana building At 102 South Second
street. $4,000.
n. w. Perkins and others to Will
liam G. jackson. lot and dwellings
at 1919 West Charity street. $4,000.
Harry Adelanski to Sarah NJ.
Adelanski. lot and building on the
southwest corner Of Cary and WASH
ington streets. $4,000.
John H. Lyneman to A. l.. Adam
son and Frank T. Sutton, lot and
improvements on the west line OF
Robinson street. between Grove and
Floyd avenues, $1,000.
A. L.. A0amSOn ana FRANK i. OUT
ton to John H. Lyneman. lot on the
south side Of Main street, between
Elm street and Davis avenue. S.
ose.
Samuel G.. Meredith to Susie v.
Meredith. lot and Improvement on
the north side Of Calhoun street near
Brook avenue, $1,000.
George b. Snead to John Bertrand
Rose, lot and dwelling at 31b North
Henry street. 1880.
~ W. Bowe TO p. J. Kernodle, LOT
on the east side Of Broad street. be-
tween Jail alley and ehockoe creek,
1895.
Charles II. A. 0trother~ to William
b. Pixxini. rents. Issues and profits
from 20 East Hill street. tI25.