davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-05-28
COLUMBUS CON. TO
RECONSTRUCT MILL
Plant Will Be Put Into Shape
10 Handle Hundred
Tons Daily.

II IS understood that the officials OF the
Columbus Consolidated company have
engaged a prominent mill export to pro-
cecd 20 the old concentrating plant at
Alta and investigate its present condi-
ton. with the view OF rebuilding and re-
eauippinE the same as thoroughly and
quickly ss possible. a step made necns-
sarv by the recent development OF new
bodies OF concentrating grade orc The
Of 100 tons OF ore. and concentrates
should be coming down the canyon 10
the local smelters long before the sum
mer is old
Several days ago IL became known thaI
In raising from the 40o-foot level OF this
property an ore body 20 feet In width
and averaging SO per ton Throughout,
was encountered and which appears 70
be continuation OF the old NO.
stope, ono or the original and largest
sources Of revenue 10 the organization.
There IL another large body OF concen-
trating grade now available back OF
one or tho old upper slopes, The prop,
erty fairly teens With good results ano
possibilities among the latter being the
conviction that within two OF three
weeks time the old Holland ore shoot
will he developed on the 400, giving aou
feet Of backs. for the ore body has prac-
rically never been touched below the tun-
mel The Holland body. as is well known,
was one OF the best bodies ever had IN
the palmiast days of the Columbus.
This old producer gives every promise
OF being n big producer during the sum-
mer, and everyone connected with the
is greatly pleased with the OK
isting conditions.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-05-28
STOCK UTAH MINES
COALITION WANTED

n. n. Stricdaud, socre'ary or the
Tiali Mines Coalition company. has is-
sried = Statement 10 shareholders under
Is,o OF MAY q. which is as follows;
"R. order OF the GtockhoieTs and
board of 6ir~rters Of the Utah Mines
Coalition. of Niiich oug records show YOU
are a stocihcldcr. al of Satd company :
property mas been sold aud Transferred
70 the MirhiEsu Utah Mining conpan.
now condu"tin. 81 business, The UiaI
Mines Coalition company stock being
rransfara bls To stock Of the Michigan
Utah Mining company on the basis OF
one share of Michigan Utah stock for
tWo shares OF tah Mines Coalition,
steps arc now being taken 20 list
the Niichicar-Utah Mining compauT's
stock on the Boston curb exchange and
your stock viii not receive tho benefit
o' such action unless ~ IT, exchanged i'm
1ediately: also. legal proceedings Mil
lhortiy bc instituted to Dissolve the Utah
Mines Coalition corporation. Therefore,
I; will be 20 the interest Of all concerned
10 send IA their certificates TO the un-
dersiEned 30 that stock OF the Aich-
gan Ttah Mining company can be issued
IN their stead. There - no possible
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-05-28
UTAH COPPER WORK
IMPRESSES VISITOR

That one must actually sec for himself
the Utah Copper operations at Bingham
to appreciate the extent of this com
puny's activities is the statement OF
Charlie Simpson OF James A. Pollock &
Co, who was a visitor at Bingham on
Sunday Tho guest OF General Manager
u. G. Jacklins. Mr.. Simpson inspected
tho property from the bottom of the Dig
pit to tho top OF the old Boston Con-
solidsted hill
mo matter how much ono reads or
hears of these operations, stated Mr..
Simpson, "he cannot form any adequate
idea of the extent OF this work. And
when the hour for blasting arrives the
visitor is given one Of the most unusual
treats OF his life, As blast after blast
goes off one gets the impression that
the roof OF the world Is being lifted.
It is almost inconceivable the good ad-
vertising It would bo for Utah and nor
resources were tourists encouraged more
10 include n glimpse OF Bingham In their
sight seeing visits to Utah.
Each visitor to the state should know
that this disburser of millions of dollars
annually In dividends Is the greatest
copper proposition in the world, and one
that actually moves $4,000 tons OF ma
tcrial. ore and waste. each day.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-05-28
COURT Is
AGAIN A FEATURE

James A Pollock & Co. bankers and
brokers. furnish the following. received
over their private wire yesterday after
noon:
Paine. webper e. Co, Boston--Calu-
met Il Arizona was the only stock note~
bly, strong In the local list today. The
buying OF this stock seems TO be good
and is based ON the improved showing
at tho mine. The balance of the lIst
was quiet, with slight tendency 10
sag Nothing showed more than n frac-
tioual change. The market VIII prob
ably drag along ut about this level un-
I'll we have a return OF speculative ac-
tivity. at which time tho trend will be
surely upward.
Logan & Bryan. New Tork-After
holding steady during the day. the coal
stocks developed weakness on account ct
tho fact that many traders bought same
anticipating a favorable court decision
from the United States supreme court.
but with the laws delay" tired holders
sold their stocks and had a tendenc? OF
unfavorabls influence on trading In the
rest Of the list, and stocks had to be
sold AT moderats concessions from pr1c.,
prevailing earlier IN the day. We stu
feel friendly to dividend paying copper
stocks and also look for a higher range
In New York traction stocks Bott
Consolidated Gas and Peoples Gas should
be conscrvatvely bought on the de-
clines
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-05-28
DOUGLAS HILL ORE
OPENING Up BIG
President of Nevada Douglas
Well Satisfied With the
Present Work.

Il never saw the Nevada Douglas prop
critics look as fine as they do today.
everything being entirely To the satisfac-
tIon OF the management" was the state
uent made Oh Monday by A. J. Orem.
president OF this corporation. who. with
General Manager Walter c. Oreu and
other officials of the company. has re-
turned from the mines at Ludwig. New.
In the Mason or Yerington mining dis
trict.
One portion Of the Nevada Douglas as
tate especially. the Douglas Hill. is open
ing 10 far greater extent than the Of
ficiels have ever had reason to believe.
Mr.. Orem states that the recent work
desired the management could extract
300 tons OF first class smelling grade cop
per ore from this section daily The
work at the Ludwig likewise is very
deepest IN the mine. the drift is follow
ing ore. while a crosscut has been driven
for 20 feet In ore, and orc stu remains
in all faces. All the ore extracted In
immediate shipment.
On the 60ofoot level the Same ore body
occurred In width from so to 80 feet
and there is every reason to expect re-
suits OF similar proportions on the 700.
The company during May Will send close
to 1000 tons of first class copper orc
70 the smelter
1.-THE principal feature Of the Nevada
Douglas since my last visit is the i'm
provement In the Douglas Hill section -
said General Manager Orem. ITO the
north there arc new and Independent re-
sources being developed TO an extent not
anticipated, for tho surface groupings did
not indicate the existence Of ores to
such an extent AZ we are finding them
now. The orc has been drifted on for 100
feet or so UP to the present tlme, and
one crosscut Is in ore for Ii feet the ore
being all heavy chalcopyrite and chal-
cocte averaging anywhere from to
per cent copper"
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-05-28
UTAH COPPER MAKES
REPLY TO CRITICS
Statement Issued to Explain
System of Charging the
Shipping Costs.

The eastern offices OF the Utah Cop
per company have issued tho following
statement in reply to tho articles recently
published in the Engineering and Mining
Journal criticisIng the company for its
system or accounts
The total amount OF developed ore.
az shown by the annual report for the
year 1911 just out is over 300. 100000
tons. The total amount Of Gaping that
II will be necessary 10 move 10 mine oil
this tonnage, including the slopes. ts
about 40 600, 900 cubic Yards. and the
actual amount OF capping overlyinE the
orc body as now developed. exclusive OF
slopes, is approximately 30.o0o.000 cubic
yards. In other words. our engineers In
making their calculations as TO the total
expense OF stripping included all OF the
stripping that Will have 10 be removed,
both over the ore body and outside OF II
In slopes.
THE total amount Of capplns removed
up TO the end Of 1911 was not quite l3.-
100000 yards. There Is left, therefore.
20 remove something over $1,000 cubic
yarus. as applying TO the ore body so far
developed.
''At the end Of four years we will have
removed on the west side OF the canyon
approximately 30 600 600 cubic yards OF
Gaping and will have completely uncov-
cred for mining some 225, 900 600 tons OF
ore; and as a yard Of capping is ap-
proNimately two tons, the factor there
fore becomes $4,000, 900 tons OF capping TO
225. 600, ,o0n tons Of ore. or a little less
than ono to four,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-05-28
ALTA CON. PLACING
NEW ORE TO VIEW

On Sunday evening the Alta ConsoIt-
dated management drove n second time
into the contact above the tunnel level,
this time by continuing the No. 3 raise
for fifty feet from the 125-foot point
above the tunnel. Some time ago the
raise was started. and a drift sent out
at the 125-foot point for seventy feet to
the east The contact at that point
showed a large body OF carbonates Of
shipping grade. The management also
is driving for the same contact on the
tunnel level, and when It liz found, and
should the ore be- found there as expect
ed there will be all OF 300 feet stopping
ground on the dip OF the ore. although
the raise has progressed only IT'S feet
to the contact above the tunnel.
Following these developm ents, the
company took all It's men away from the
ore. and they are now at work send
Ing drifts and crosscuts out so that
when the shipping season Is on In full
blast there will be the means available
of extracting any tonnage that can be
handled by the wagons Those In charge
nre OF the opinion that a daily shipment
Of fifty tons can be maintained with
case.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-05-28

Shares sold, 1850.
Selling value. s5155.45.
OPEN BOARD.
Columbus Consolidated, 100 at 27c
Indian Queen. 5000 at lie; 5000 at &c,
buyer sixty days.
Little Bell 500 az fIc.
New York, eooO at SIC: 1000 at SIC,
buyer sixty days.
Ohio Copper, 200 at 1854
Plutus, 200 at Tic.
Fioche Demijohu. 1000 ~ ioc,
Swansea 1900 at SIC.
Western Nevada. 1000 at 2ic.
Shares sold 10000.
Selling value 1881
AFTERNOON SALES
Gold Chain. 600 at i5c.
Grand Central. loo al $50. 100 AZ 7fc
buyer sixty days.
Say Day, 100 at l0c: 1000 AZ SIC
New York 1000 al SIC; 1000 al &c
opohongo. 1000 AZ l+c; 1000 at i2.o. 1000
at isc
Pioche D.mijohn. 1900 at lie; 500 a,
losc
Prince Consolidated. 100 at si.47i
Uncle Sam. 500 at Isc.
Victoria Consolidated. 100 at 53e. .Oo
al SIC
sharss sold. ii.sno
Selling value. Si65s5o.
OPEN BOARD
Indiana Queen. 500 az lac
OpohouEo 1000 al icic. son at $50
Tintir Central. leoD a. -ic
shares sold. 5000.
C-ff
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-05-28
DALI-JUDGE USUAL
DIVIDEND JULY

General Manager George w Lam
bourne Of the Daiy-Judge company re-
turned Monday from New York. where
ne was In attendance at the annual
stockholders meeting several DAYS ago.
hs reported IN these columns the day
following. no change in the Official fam
ily OF the organization Was made. When
asked in regard to the next dividend OF
The Daly-JudEe Mr.. Lambourne stated
10 Il cents a share or $4,000. When
The directors determined upon the return
20 the dividend column n, quarterly
amount. as above stated, was agreed
upon.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-05-28
Work for This Year.

rv the close ~ the present year. or
carly IN 1918. al the engines will be
equipped for hosting ore py compressed
air 50 that In another year the fun bene-
~ Of tho vast expenditure of money
ought n ho quite fully realized Tic
Mountain View. Diamond. High Ore.
West Grsl Rock ana Leonard are op
Grated now bv compressed air. and the
''amwrA engine is being changed for the
81 ne system.
y has hc"n known that for n consid-
"rah'c length ~ time experiments have
h""n carried on st the conccntrator OF
ih9 Great Falls sInelter for the purpose
80 attaining higher percentage of oX-
:rariiop from 'he ores treated. and al
'hough the results OF these experiments
aaNe 1c~n carefully guarded IL is an
nouncs0 ~ 'he annual report that they
have been highly successful. With the
new uleth"d ono fun section Was equipped
anj oncTateyl continuously The show
ing Was such that the saving was even
more rewarSah'c than the most sanguine
expected. The method proved such Sue
c@ss ihan IL was decided Ia Introduce the
system Al the Wnshoe smelter in Ana
"pnda In addition Ia increasing the
percentsge of saving in the treatment
Of ores the new method will also greatly
Increase thc CapScitv OF each section.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-05-28
Enormous Dividends.

While tho dividends declared durlnS
the past year by the Anaconda copper
Mining company exceeded the prouts by
s5s5. .o3I. this does not hy any means IN
djcatc thar tho company did not have
n profitable year. AZ the annual report
shows that tho repairs and improve
inenis were IN excess OF That amount.
the SUM expended on The insthilst'on VI
electricity for the operation OF the com
pressed air plant, the renewal or shafts
and for development and general repair
work being s5s5. {62. When II is CON
sidercd that the company paid out IN
dividends Guriug the year upwards oi
IS. 100000. and that In no one year In INC
history OF the company has there peen
much money spent in new work ana
extraordinary repairs. the showing maze
"a n result of the years work on 12s-
cent copper must be highly gratifying to
every stockhoder
Another expense. and ono which Of
course was entirely unforeseen: was m
CURED In lighting serious fire which
broke ont IN the High ore mine and
which nntailed AN enormous expenditure
of money for three months. when II was
finally conquered Then. again. there
vas the expense ~ putting now cyunders
compressed air plant. and the purchase
of fourteen electric motors for service
in connection with tie underground haul
age svste Instituted. But all these i'm
proVemeats are bearing fruit. for II is
announced that Notwithstanding there
was curiailmcut policy in force during
tHo pas; year. and that the Eradesof ore
plued was no higher than that treated
ir previous years. the cost per pound oi
copper produced WAS lower than in for
wer years showing that the more gen.
cral uFe - electricity substitute for
team and The otheT economies introduced
y going to mean Increased earnings with
i'is ro3per conditions prevailing at pres
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-05-28
FORENOON SALES.

FORENOON SALES.
Black Jack. $50 at lie
Colorado 400 st Issc
DAYS
Grand Central 100 at 55c
Lion Hill. 1000 az SIC
Lower Mammoth. 100 al 2sc: 800 at ,tc
May Day. 1900 at sic
Nsv York 1000 at SIC.
Ohio Copper, 200 az 81 .67t
Prince Consolidated. 500 at ~ t2S: 200
80 81 .t5: 1907 al 81 tTS.
Tintic Central 1000 AT lfc; 1000 7t 15r
huVer sixty DAYS.
Utah Consolidated. 5000 st &c. buyer
sixiv DAYS
Union Chief -Soo AZ 1ic
Victoria crnsoldsi.d: 200 AZ 55c.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-05-28
MARKET is FlRMER
ON 'CHANGE MONDAY

II the local exchange can keep up the
lick established Monday morning, the
brokers soon would forget all about hard
times and the necessity for curtailing
expenses Trading was considerably I'M
proved, and there were several features
Of which the stock OF the Prince Con-
soidated WAS especially striking, There
were good supporting orders on the floor
during the two sessions.
sales for tho day reached the total OF
80 $50 shares OF stock. the market value
OF which was $93S0.95 The following
Uere the closing stock transactions:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-05-28
ORDERING THE THIRD
LEAD STACK MATERIAL

e. r Mathewson. general manager of
the international Smelling G Refining
company, reached the city from his Mon
tana headquarters Monday morning
When seen by The Tribune ho stated
materials for the third lead tack at the
Tooele smelter, and that work on this
addition is being prosecuted AT the site.
There is nothing especially new 70 re-
port aside from this" he statad THE
fourth reverberatory furnace at TooeIe
is IN operation, and In the two plants
combine We are smelling 1000 tons OF
orc daily al the present time. Every
thing Is mo-dng along satisfactorily"
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-05-28
NEW WRINKLE UPON
THE LOCAL EXCHANGE

The governing board OF the local OK
change has sanctioned r curb trading
period 10 follow the afternoon open board
session. the brokers congregatinE on the
sidewalk in front Of the exchange build
Ing 20 trade I'm stocks for a limited
period. Inasruch as there IS no one
vested with authority 10 arbitrate on
the scene any disputes that may arise.
this session has been dubbed the "un-
Curbed."
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-05-28
hid Asked
Mining Notes.

The Prince Consolidated COMPANY has
III cars of shines on route 10 the Inter
national smeltsr ~ Tooels.
The TerinEton Malachite company
since beginning copper ore shipments
has billed out Gltsen cars 10 date TO the
Mason VALLEY snelter.
The regular quarterly dividend Of %
cents a share has been oeclDred by the
Tonopah Belmont Mining COMPANY
Judge Norman W. Hsire. president Of
the Michigan Utah ConsoIidsted COM
Tsny. i~ft for an inspection Of tho prop
erty yesterday morning.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-05-28
System Of Charging.

For each ton OF orc we are removing
We are charging q cents to operations
Gaping OF one to four, this would mean
10 cents per ton OF Gaping, which is
now being charged 10 operations. or the
equivalent OF 90 cents per yard OF cap
ping
According TO our campaign OF strip
ping the entire western side IN four years
rate that will be paid for by charges to
current operations. We will have at the
end Of four years about $4,000 900 in the
prepaid expense account. IT viii require
hve OF six years to strip the eastern side
OF the property at the rate contemplated,
and at the end Of this extended time
at So,000.000. II no more ore was devel-
oped we would therefore have al the
end of about ten or eleven years IS, O0o.-
more than 900, 600. 900 tons OF ore fully
stripped. and from this .t will be seen
that In order TO retro the entire pre-
necessary to. charge off about 2 cents
per ton against the ore then remain
Ing;
We know that the ore body Will be
considerably extended through further
developments, and tho added percentage
OF stripping due to slopes will be de-
creased accordingly.
1--WE started out In Utah on a teveI-
oped ore body OF only a few million tons
and in connection with plans to mine the
orc by underground methods. Later the
and IL became obvious that steam
shovel mining would be more economical
We then began the construction Of
So00-ton plant at Garfield and It was
almost Immediately decided 70 increase
the. capacity Of this to 5000 tons per day.
Stripping operations swere not COM
menced until about the time plant CON
struction was begun. and In order 10
supply a. plant OF even this capacity with
tonnage IL was necessary for us 10 at
tack the ore body where we could secure
tonnage the quickest
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-05-28
Mill improvements.

I'VE have boen striving ever since
that time TO improve our methods and
they have been so improved that our
6oooston plant has now a capacity Of
construction or machinery having been
added to II. Later We purchased the
Boston Consolidated mills. 10 which that
company was supplying ore from under
purchased II had a capacity Of less than
5000 tons per day. but by introducing
the arrangements and methods employed
IN the Magma plant the old Boston Con-
solldated plant has been Increased unti
it will soon have capacity OF about 5000
the mine have been Increased from less
than 1000 tons per day In 1906 to 10000
tons per day or more In 1912.
ut should be realized that this has
expense of the most approved and eco
nomical plans FOR both stripping and
mining The Ideal condition would be.
OF course TO have the whole face Of
the mountain stripped so that the nat
ura1 slope could be preserved by taking
body. Had we attempted to do this.
however we would not yet be ready to
start milling operations and production.
which have up to date returned profits
are now represented by quick assets
equivalent to approximately tho entire
amount OF capital that has been deriv ed
from the sale Of securities OF both the
Utah Copper company and the Bingham
our operations have not only been
profitable over and above all mining and
stripping and other costs, but have made
nearly sufficient money to build our
mills, power plants and railroads and
entire property, including It's develop
ment.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-05-28
doubt but that this sctipn Is for the best
interests OF all stockholders"
NEW GOLDEN GROWN
READY FOR BUSINESS

Ey the formation OF tho new Golden
CroVr company of Tonopah local and
eas tern interests have paved the way for
placing this TpDopah proposition on the
active list. The new company Is capl-
tailed for 100000 shares or stock. par
value 81 each or this amount 900, 900
shares will be devoted 10 the liquidation.
Of the debts Of the company, amounting
10 about $50. 600: 100000 shares will be
given to the shareholders OF the old corr
poTatlon In exchange. the basis being one
now for two old shares, while the re-
naming 100000 shares are 10 be retained
In the treasury.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-05-28
Ore Shipments.

The Utah ore Samplipg company on
Monday released seven cars Of oiH from
Utah ana TWO cars from Nevada camps
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-05-28
Orc and Bullion.

The orc and bullion report for Monday
given o. NcCornicS G Co, was ~ fol-
lows: Ore received. 5000. bullion
shipped, }Go,Q 900, total, $4,000
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-05-28
BOSTON Mining Stocks.

lanes A Pollock &: Co, bankers and
brokers. furnish the following. received
over their private wire yesterday alter
noon.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-05-28
ANACONDA IS IN
VERY GOOD SHAPE
Low Production Costs Last
Year Show What Company
Can Accomplish.
METAL WAS LOW PRICED
Eastern Comment IS Very
Favorable Over the Re-
cent Annual Report.
METAL WAS LOW PRICED

II is not generally appreciated that tho
splendid results gained last year by the
Anaconda company, especially In lo"
production costs. were possible despite
the fact that an unusually larg" CON
structlon expense was charged to the
operating account In discussing TINS
feature OF the company and the general
conditions al the Butte distrnce. Thomp-
son, Towle & Co. have the following 10
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-05-28
San Trancisco Oil Stock

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, 1912-05-28
New York 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, 1912-05-28

Notice Bennett Glass g. Paint com
nauv are setting glass in the Walker
bank building.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-05-28
Metal Market

The metal quotations for Monday.
posted ~ Mccormick & Co. wero as fol-
lows: silver sic; lead, sf.eo: copper.
sls.22s