davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-21
COPPERS OPEN DAY
WITH BUYING RUSH

James A. Pollock & Co. bankers and
brokers, furnish the following. received
over their private wire yesterday after
noon.
Paine. webber & Co.. Boston.-The
coppers opened with rush this morning
and many specialties were notably strong.
We believe firmly In the metal market
and think copper will have further ad-
vance. Activity and speculation in local
coppeYs Is Increasing and We shall see a
further rally all through the list next
week.
Logan & Bryan, New York,--The week
closes with the majority having assumed
a waiting attitude, but with sentiment
on the whole rather hopeful. We have
in recent advices covered the situation
quite fully. perhaps at this time II Is
only necessary TO say that substantial in
.erests ere disposed TO frown on any at
tempt 10 force decided movement In
the markets IN either direction until
there are indications OF the situation
either becoming clearer or more complex.
Somewhat more attention Is being paid
TO International politics and from q do
mestic standpoint recent occurrences
have not been entirely IN keeping with
the desires OF those who anticipated g
rather sharp rcbukc 10 destructive radi-
cal!sm. The bank statement made n fur
ther favorable showing and reports as tc
the state OF trade and industry are op-
tin1istic II Is not improbable that devel,
opmcnts in the fields OF labor during the
coming week Will do much towards shap.
Ing the Immediate course of the stool
market. as viii also crop advlces from
both the cotton and winter wheat belts
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-21
NEW RAILROAD TO
HELP OIL COMPANY

Word has reached Salt Lake from
Byron, Wyo.. that the proposed cutoff
OF the Burlington route from Lowell or
Cowley TO Garland is extremely possible;
that surveys are now being made and
1t is probable that either OF these two
towns will be made the junction TO the
Yellowstone branch instead OF Frannie.
some distance to the north. This will
not only cut down the distance TO the
park from eastern points. but will open
up a new country, which Is being taken
up for irrigation purposes. The proposed
line will pass through Byron. four miles
from Lowell. and will put the property
of the Utah Wyoming Consolidated OIL
company on the railroad line. The new
main line OF the Burlington running
through Thermopolis will be completed
this summer and Cnwley and Lowell will
then be on the main line Of the road.
The No. 6 well which the company
Ia drilling. and which last week struck
the highest grade oil vet found in the
field. is down little over 1900 feet In
an oily shale and Is an oil-bcarinE
sand bed. 1t s the intention to drive
into the lower oil and gas bearing hori-
IONS. which should be reached about the
middle of MAY. barring delays, The lower
where opened In the field and il Is ex-
pected that another producer will be de-
veloped.
Tests for liauefying the natural gas
developed In the No well will be made
when the compressor, which has been
purchased for the purpose, reaches the
field, This industry Is new In the west,
but Is being profltably conducted In east
ern oil and gas fields.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-21
EAST GATE ANOTHER
GOOD GOLD SECTION

H N Quinn, a resident OF Salt Lake
and director OF the Nevada Cold North
ern company, stated yesterday that the
East Gate district OF Nevada is a com
ing excitement center showing unmts-
taxable evidences OF merit. The above
company is composed largely Of Utah
citizens who have been at work on their
group for some time, an idea OF their Of.
there are about 1000 tons of ore now on
the dumps. the value Of which VIII aver
age in excess OF s25 per ton.
The vein from which this ore came is
as wide as sixteen feet. and 1t ASSAYS
anywhere from $40 to s404 per ton In
gold and silver One sample taken from
the lower tunnel. which has q vertical
depth Of 100 feet on the vein: was as
sayed In this city, and 1t ran 124,e ounces
silver and s232 gold per ton.
East Gate Is located in Churchill
county, about twenty miles west Of the
Nevada Hills property and sixty-fivc
miles east Of Fallon There are coming
into the district numerous California
parties, and Mr. Quinn states that there
are at least thirty camps now estao-
lished in the district.
The Nevada Gold Northern company is
backed TO a great extent by Utah rail-.
road men. and they are planning to erect
mill on the property, G. Houtz is
president: W. H Coleman. vice presi-
dent; W r. Smith, general manager; J.
Smith secretary, and H n, Quinn
treasurer, all being directors.
| All the facilities In the camp are very
| satisfactory for mining and milling.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-21
MIAMI COPPER NOW
HITTING ITS GAIT

Miami Copper will make It's initial re-
port an operating mine TO its share
holders at the annual meeting on We'd
pesday. The period OF actual production
covered by the report extends from the
middle Of March. 1911 when the concen-
traitor at Globe. ArlZ. started 10 the
end of the calendar year during which
period Miami turned out about IL S25-
600 pounds OF refined copper
Mlaml's production in the first quarter
Of the current year was about : 500 900
pounds. OF which 1900, 900 pounds was
made in January. 2.400. 400 pounds In
February and approximately 1000. 900
pounds In March. Miami's six units are
now running and the output is now at
the rate OF 36.000.0 900 pounds per annum.
Ultimate prospective capacity OF the mill
Is 1000. 600 pounds a month or as 900 =
900 pounds year from eight units but
only six units have been completed 10
date.
Mamis costs on the present produc.
tion basis are estimated at Sic a pound
which would give the following earnings
per share on the TtS. 235 shares out
standing and on the prices ~ copper
shown In the following table:
Cost per Earnings per Sh. at
Production Pound libc ljc lsc
sc. 900 90 Ibs. sac s2.8s tSl2 s3s
With a production OF $4,000 600 pounds
Miamfs net earnings on ls-cent copper
should total about s2.225. 900 per annum
or $1,000 In excess OF the present divi-
dend distribution OF about $l,500,000 per
annum.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-21
PORCUP|NE IS NOT
A BONANZA NEST
Two or Three Properties May
Make Good, but Rest a
Gamble.
BOOM WAS OVERDONE
Engineer Plate Gives HIS
Impressions of Far North
Gold Camp.
BOOM WAS OVERDONE

Those Of Utah who have been following
Tho expcrience Of the Porcupine oper-
ators In their endcavor to develop mines
viii he Interested in the description
given In this city on Saturday by Enei :
ne.r II. r. Plate. who recently made his
second visit of Inspection TO the dis
tric, Mr.. Plate stated that he was
in PorcupJne from last November TO
January and he had the privilege Of
visiting practically all the properties OF
merit in this time.
There are two main propositions there'
the Hollinger and the Dome. which give
promise Of being good mines two or
but the balance of the thousand and one
propositions COMPOSE what Mr. Plate
deems a wild gamble. There are
number Of Important factors whion ,i0,,,tw ~
the ore bodies with depth and the faith !.
ful value OF the ores. two items not YET
fully denons,rated at any point. hoe
been done along the vein on the 100
foot level. and on the 2oo-foot level
which is the deepest, about 500 feet Of
work has been accomplished. The ore Is
expected TO have a stopping width OF
from six TO eight feet. and the gold
values are given as s25 TO S35 per ton
The COMPANY has expressed It's detern1l.
nation TO ScNu lHe cIdiL " tiic 49,
level. The company's mill is to have
a daily capacity of $50 tons OF ore The
mine Is not yet in position TO supDiS
this tonnage.
The Dome Is closely held proposition
from which all visitors are excluded re-
ligiously. This company is putting up
a 4oo-ton plant. but. like the Hollinger.
II Is behind the surface eduipment facili"
ties with It's underground work. AT both
these properties the equipment Installed
is remarkably fine and durable Other
than these two Porcupine properties are
pretty much In the prospective stage,
and among the other active properties
PIenaurum. Crown Charter, Dobie and
tho Rae.
Asked about the veins OF tho camp.
Mr. Plate stated that he does not be
lieve one is justified In terminE them
assures. They are more a series OF
lenzes and gashes in the schist; they are
very treacherous and irregular In width
and values and are likely to be found
equally as unreliable at depth. Two
daily trains run into the district. the
railroad facilities being excellent
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-21
Mines and MiningActivities i'm Ore Districts OF Ota
yTAH'S NEW POTASH
DEPOSIT DISCUSSED
One Writer Says a High Tar
iff Wall Is Only Pos
sible Aid.

In the April number Of the Conmerc'ai
Fertilizer is an extended article on pot
ash by Guy Elliott Mitchell, which dea.s
with the German control OF tins lrnPoIc
ant article OF commerce, WITH Ipe p,ro ~
posed plan Of the government 70 secute
klein groves and with the newly dlseoy-
cred deposits Of alunitc near Marys'a.ge' ag
Utah Regarding the last item. the ioi
lowing extract Will prove OF interest 10
Utahns: , ~x..,
has described a recent discovery near
Marysvaie. Utah. Of this potash 6i6m en- I,1n ,ans
eral which may yield 10000 OF eo,ooo to,,s
OF potash. The deposit Is unimportan. ars
haps our one easily soluble potash rock.
and that the ommercial success OF the
Maryevale deposit Will stimulate exten
slve explorations But will the MAYS .
vale alunite ever be reduced to potash
to do IL. and the Germans stanh ready
TO sell their potash In Utah at Sio.
"Of course, we can throw a. tarin wall
around potash and thus build up an
politicians and the farmers say TO placlns s
100 or $50 per cent Import duty on pot
ash? Secretary Wilson says that unlin
tied amounts Of potash can be extracted
capital venture into its manufacture with
Germany threatening TO cut the price oil
potash In two2"
Mr. Mitchell shows that there never
has been such an interest displayed u
the search for an article by scientists a.
in the present instance. In proportion II
| the amount OF money appropriated b5
| congress for the work The activity II
the United States has stirred Germany
most thoroughly. and that country II
looking with genuine alarm upon An ac
| tivity which may destroy for her potash
! Its best customer.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-21
UTAH RARE METALS
TO MAKE SHIPMENT

The Utah Rare Metals Mining COM
pany has a force Of men at work at its
claims at Richardson, Grand county, get
ting out car OF high-grade uranium and
vanadium ore for shipment 10 New York.
The company has at this date five tons
OF ore ready for hauling TO Cisco, and Is
negotiating with the Denver Rio
Grande company for a warehouse to be
built at Cisco for storage purposes.
The ore taken out is OF remarkably
high grade and the company has no
hestancy in declaring that 1t Will ship
a car OF the highest grade Of these
metals that has ever been shipped from
this or any other section OF the coun-
try, The ore extracted has been taken
from one claim alone, In this claim
there are a series OF pockets Of the very
highest grade OF uranium,
on the 18th OF the month the company
opened lid one Of its other claims and
struck a two-foot vein OF vanadium.
This will assay from per cent to 10
per cent
w. l.. Fitzgerald. president Of the COM
pany will leave Tuesday morning for
trip OF inspection and will remain sew
eral weeks to push the DEVELOPMENT work.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-21
ANTELOPE IS CAMP
OF GREAT PROMISE
New Silver District Bears Evi-
dences of Being Long
Term Producer.

A comparatively new and busy mining
district of Nevada that looks to E, s.
woodward. ore purchasing agent for the
international Smelling and Refining COM
many. like coming substantial and
permanent producing section is Antelope,
this being one Of the several camps In
the sagebrush state visited during the
past few weeks by Mr.. Woodward.
II is too early to form any very definite
idea OF the district as yet. but Mr., Wood
ward believes that II bears the earmarks
of success at more than one spot There
are a dozen or more leasers operd.ins
on the main strike OF the dis,fios: n,es SOILS 9
OF silver ore being shown by Mr.. WOOD
ward to substantiate the expectation that
the camp will be heard from during the
summer months. .
active district OF Nevada, and there are
more mon being employed there tnan
ever before. Godfeld Is busy. sinking
one Of these new workings encounter
anything like the results anticipated the
camp is certain 10 enjoy the greatest
boom OF Its history. Manhattan camp Is
tereets having Installed the new Asso-
ciated mill primarily for handling the
ores OF the Big Four and White Caps
properties. hut 1t will treat custom ores
AS well. MIR. Woodward expects Nevada
to make very satisfactory mineral pro-
duction record this year.
At tns Tooele lead smelter OF the Inter,
national company. he states, the second
blast furnace has been put Into commits
sion, both furnaces doing their work as
planned without a hitch OF any kind and
the management is sure that their EN- :
cheney will be raised TO a still higher
mark yet Three reverberatory furnaces
In the copper smelter are kept continu-
ally in commission.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-21
GREAT GAME BEING
PLAYED WITH WEST
Heads Win, Tails You Lose,
System in Regard to
Claims.

n consistency is Jewel, then the
Washington authorities In their haste to
further the conservation programme are
not er-decorated with gems The at
titude OF officials Ia becoming pretty
thoroughly known out this way and one
attorney on Saturday pointed out how In
consistent the land department Is on the
patenting question.
The owner Of a mineral cla,m proceed
Ing to patent Is Informed by the desk
man at the capital that the Eovcrnme Z
employees no longer take into consid :
Grafton any geological condition. how
ever strong and evident II may be. as
TO the existence Of minerals OF CONNER
cal value below existing workings. but
that the man making the application
must show by demonstrated ore OF com
mcrcial value that mis- claim really Is
mineral bearing before a patent will Is
sue In other words. the authorities
terly. regardless Of what experienced
GeoloEists and mining engineers may soy
or do regarding given proposition,
TINS prora,mme wili di1eournSe &c na5;t.,'st ine
while IT will leave more ground worth
less for anything else but mining fol
posterity TO handle,
But when II comes TO coal lands; th5t
is another story, 1t Is stated that sui
has been instituted by the government
| to set aside patents for land. which
considered to be coal land, Judging from
geological conditions either near or dis
tant from the point in question. Lane
secured, for instance. hY the process o
state selection. and believed to be Goa
bearing. is to be returned to the public
domain, and TO that class known al
withdraw for the future, on nothini
more than geological considerations.
| II seems to be a campaign on the par
of the conservatlonists TO gobble all tn
western land possible by any means
no decision in any given case being
| safe preceden for anyone TO go by,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-21
COPPER TO
RESUME WORK SOON

owing TO the obligations OF the Bing-
nam Copper company having become
pressing. ~ went into voluntary bank
EuptcF during March. Now protec-
uEe committee has been formed for the
purpose OF conserving tho interests OF
stockholders and a levy has been made
capital stock, payable at the t-teh Saye
lnRs & Trust company
IL Is expected that the debts of the
company Will shortly be paid and soon
after arrangements completed for the re-
sumption of operations at ths mine I,
Is stated by the management that there
Is every probability OF legal difficrlties
with one OF Its neighbors being settled
satisfactorily out OF court.
x y. Evans Is the local representa-.
tive Of the stockholders protective com
mittoe.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-21
BIG TONNAGE At 1
THE NEVADA d
Present Capacity Exce,d,l
Far Original Expectatjnl
of Company.
FUEL OIL A sUos
Manager Lakenan Tell
Many Interesting Ph,s
of the Operations,
FUEL OIL A sUos

General Manager Lakenan A.
vada Consolidated Copper oo,,.
In Salt Lake City. gles, n, n 4
Utah. on Saturday, rcturn,nv -.
York to the Ely camp. Ey.,,.,
the mine, mill and smeltsr :.
was in first -class condition. an .,.'
tions OF the conoentrator balm, :
cessful operation. From N. III
property. where underground -
the system employed. 1000 I'm, 4
daily are being extracted. WIN. ,'.|
Nevada Consolidated steam -
erations 1900 to 5000 tons Of a., 4
are being removed.
When the Nevada ConsoIIsu.
for the mill were drawn I'm ,I
Of which there arc eight, wsr, =.
about 666 tons each per sectior -
by subsequent alterations tbs -
ment has almost doubled ths =.
bringing each section to about n,
per section-day. In an eouL ),
have the smelling facilities Of d. |.
uany been brought 10 a far ma
gree OF efficiency, and any ~,
tonnage capacity To be raIpsd !,
now planned, will be secured thr-s
terations to the existing eouips.3,
within the present building, mo-,
by the addition OF new vectosI
Mr.. Lakenan pointed out u
that II was not always atN1s
crowd the ore through the nil h
maximum. especially In ths css,
better grade OF ore, by which u,,
may be reduced. but the percsss'
extraction reduced. A happy ~,
the aim OF the organization Al :
being adhered to faithfully. Fb, +
are being obtained from The M,
Of fuel oil for the reverberatoy 3,
and roasters. The new puur.r
likewise, is proving It's worth :
wisdom OF the company In Inaz,.,
same.
When asked about the slne =
new feature Of the Nevada Grid
which promises 20 increase n.
Mr.. Lakenan said that there x.s
types being experimental with ~
positive that the matter Will b I
out satisfactorily. The oonru
building new settling tanks to -
tails water, and II the slime pls,l'
satisfactorily these settling hsl
will answer the purpose Of sstG>
shines.
Mr.. Lakenap expects 10 leave 4
today.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-21
PLACER SOON
TO START OPERAll

The beautiful glitter OF Eoh =
with the proper appreciation @U
will buy and do, is sufficisn; =
tion for man TO conquer the detsl
for the stuff This is the task =
Comet Placer company and us 81
officials have set 10 do, the pros..
inG located in Humboldt COUNT,
about eighteen miles from Sulps-
The ground Is very rich. avn
high as S1.70 per yard. STATED
cial OF the company Saturday
scarcity OF water In the past =
vented proper development ny
company has driven numerous ~
az Is the case so Frequently =
the most forbidding desert suns9I
enormous water supplies below II
In reaching distance. Ensloee !
Burton is now at the Drope'v
Ing equipment and It Is e1pse
he will begin sending out us
material on May l.
This equipm snt consists
pumps and concentrating aoieA
ter being installed for tas
treating the fine sands, Inenn
collection OF nuggets and me "a
local vaults OF the compshh y
what can be done with 'he
now being placed, u
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-21
SalVeS Can't Cure EcZel

tion. This penetrates TO ~ -
germs and destroys them,. ,.h,se
and heals the skin as nouN
ever done. .u s,,r I
A 25-cant trial bottle WI s'~
and give you instant reiieij iieij.,5, 4
We have made fast lIleTs 3
than one family by recothSIs aSIs
Odd Prescription to Q sT .,
here and there. and we na asv RI
II now on our positive no Az
Schramm-Johnson, DruSs,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-21

In regard to skin diseases, medical au-
thorities are now agreed on this:
Don't tmprison the disease germs In
your skin by the use OF greasy salves,
and thus encourage them to multiply, A
true cure of all eczematous diseases can
be brought about only by using the heal
Ing agents In the form OF a liquid.
WASH THE GERMS OUT.
simple wash: compound OF Oil of
Wintergreen. Thymol. and other ingTedi-
ents as combined In the D. ID. Prescrip-
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-21
Mining Notes.

For the fifteen months ending Decem-
ber 81, 1911. the Nevada Consolidated
company earned net s4.336.216,
1t Is reported that tho Chino company
shows In It's report net earnings up TO
December il. 1911, Sl18.472.
The Ray Consolidated net profits for
the year ending December 81, 1911
reached the total OF s29s.640.
All three detailed reports should be
received west at any time.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-21
NEVADA HILLS HOLDS
ANNUAL MEETING

message from W. H. webber on
Saturday brought the information that
Mt the annual Nevada Hills stockholders
meeting held In Provo no change was
made In the directors OF management OF
the organization. The mill. he stated
was started on April Is. and 1t is operat-
ing at full capacity In a beautiful man
ner The mine and mill are In irst-class
shape In every regard and Mr. Weber
stated that the prospects We're eXtremaly
favorable for a. good run.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-21
FORENOON SALES.

FORENOON SALES.
Beck Tunnel. 500 at 15sc
Bingham Amalgamated 800 at &c.
Black Jack 9is at 23c; 1000 at 25sc.
Colorado. 800 at 30c: 500 at CSC.
Columbus. 500 at o2c: 1900 at 22sc
Indian Queen, 1000 at &c.
Iron Blossom. 1850 at sI.25.
Lower Mammoth. 200 at &c.
Ohio Copper 100 at Sl.55,
Opohongo $500 at Ice
Prince Consolidated, 100 at si.45
Sioux Consolidated, 500 at &c.
Swansea Consolidated. 5000 at eac
Tintic Central, 1000 at 23c.
United Tintic. 1000 at lie
Uncle Sam, 1000 at 22c.
Utah Consolidated 1000 at 81
Union Chief 1000 at lac: 5000 at l4sc
1900 AZ lac. buyer sixty days: 1000 at 1sSc,
seller sixty days.
OPEN BOARD.
Colorado, 200 at PIC
Sioux Consolidated. 200 al 33c
Wilbert. 200 at soc
TOTALS.
Regular sales. 35 ,36s shares s62s0.l<
Open board. $500 shares. s1507.50.
Total, I.76s shares. s7ss7.s4
Weeks totals. 333,5Ss shares, s72.os5.sl.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-21
EUROPEAN STOCK OF
COPPER IS SMALL
Decrease Has Been Steady
Since High Point in
February, 1910.

II IL Interesting TO study the fortnight
Is reports from London on the foreign
visible copper stocks. decrease or f9l
tons being noted between April and 10
The downward trend has been very
marked ever since the high mark reached
on February 10. 1910, when 265.6sA'ooo
pounds were registered. The figures. In
pounds. for 1911 and the present year
folioyy.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-21
GOOD TRADING AT
END OF THE WEEK

Trading was rather brisk Saturday
morning on the local mining exchange,
and while there was little change In
price ranges the support that developed
on the buying end was encouraging:
The mornings business consisted OF
sales for 41,76s shares OF stock. the mar
ket value Of which was s7Ss7.64 This
brought the weeks business to 333.5SS
shares. the market value Of which was
81. .oS5.e1.
The following were the closing un-
listed and listed stock transactions:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-21
BOSTON CURB CLOSE.
Ore and Bullion.

The ore and bullion report for Satur-
day. given by Mccormick & Co, was as
follows: Ore received, $50. 900: bullion
shipped, $4,000. total, s120,000
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-21
Metal Market.

The metal quotations for Saturday
posted by Mccormick & Co., were as fol
lows: Silver. 59Sc. lead. s4.20: copper
Sl5625.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-21
Ore SHIPMENTS,

The Utah Ore Sampling company on
Saturday released cars Of ore from
Utah mining camps
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-21
San Francisco Oil Stocks.

James A Pollock & Co.. bankers and
brokers, furnish the following. received
over their private wire yesterday after
noon.