davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06
WHAT COPPER RISE
MEANS TO THE GREENE

thompson. Towle K Co. SAYS: with
l"sc copper Greene -Cananea can earn
Sl25 per share, or 10 per cent on a selling
price OF $3.50 per share. that IS provided
u does not increase its output above a
10000. 000-pound basis
WIN lts recently acquired oxide prop
crty, however Greene can increase It's
output for II has the reduction capacity
Tor a production OF 10000 900 10 Is, 900 600
pounds per annum, and on any such out
put and present prices Greene-C,arnne.
can earn about $i.75 per share, or 10 per
cent on q selling price Of s17.50 per share.
lnere IL every reason to expect an
Increase IN dividends above the present
SOC rate; In fact the rate could iustIfs bIv
ne made 81 per share per annun. The
great bulk of the Greene Cananea stock
could not be sold proetably at anything
like present prices.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06
LITTLE ON SURFACE
OF T||VT|C MINES
Present Washington Ruling
Would Have Prevented the
Opening of Bonanzas.

Let US suppose that The United states
government in times past had conducted
the matter OF locating and ratentinc min :
ing claims along the lines adopted BY the
present officials OF Washington, what
would nave been the effect upon the de-
velopment Of the Tintic dIstrc, of
Utsho" asked on Friday a prominent
mine operator OF the state. He con-
tinucd.
ITO the surface miner Tintic was the
most uasatlsfsctory mining camp on the
face of the globe, for the surface. with
the exception OF that Within the lines
o; the old Mammoth. The old Copper
opolis and Eureka I]ill mines. was bar
rem of pay ore. lacking everything that
the Washington people now demand be-
fore even a location Is legal.
But the surface OF such great mines
as The Centennial Eureka: Bullion Beck
Gcmni. Grand Central Victoria Colo
rsdc, Iron Blossom. SiouN. Uncle Sam.
May Day. Beck Tunnel, Yankee and
many others showed geological indica-
uons which pointed unmiStakab!y Ia the
existence OF pay orc beneath indications
which prudent men deemed sufficient to
Justify spending hundreds OF thousands
of dollars on even any ono of the groups
named In development effort
There Was no pay orc on tho surface
OF any or these: there wss lime. how
ever and iron bowouts. and these mines
NafflHd nave TnrlCnHu StoCKlpipcr- IVY
Sls.000.o 600 or moro In the shape Of divi-
donds. while their total gross production
OF ore Is worth double or more than the
total dividends paid. n Washington In
the esrly days had been filed with the
hair-splitting official fraternity which
no" sdorns the departments, Tintic to-
day would be "A three mine camp. hold
ing the Mammoth. Eureka Hill and the
Copperopols. The ground now still pro-
ducing millions. owned by tho several
other companies named would not even
nc 1T FOR cattle or sheep ranch
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06
CHIEF CON. SOLVING
ITS ORE PROBLEMS
Analysis of Utah Company
Made by Well-Known
Michigan Man.

Horace ]. Stevens is quoted in regard
10 tie Chief Consolidated company oil
Tintic. Utah, IN which the status OF ths
Organization ia aualyEed in a highly in
tercstins manner. He says. in part:
Lands ere upwards OF 400 acres, he
ing the largest group i'll area in the Tin
tic district. Equipment includes II com.
nletc modern plant. costing. with founda :
tons and buildings, $4,000. Develop
ucnt is by 1115-foot thrce-compartment
vertical shaft. The property was taken
over three years ago, having an 500 foot
shaft but no ore. Production OF ore.
from February Ii, 1909. to December II.
ielis inclusive. gave net smcltcr rcturrs
OF 1912, ,S9S,Sl secured largely from de
Yclopmrnt work.
In 1911 ore production was much
smaller than had been antl0ipat ed,
amounting 10 only Sl0i.522.5i net smclte,
returns, owing to combination OF hard
luck when the principal ore shoot fault
ed both north and south, practically 81
multaneouslG, but the ore has been
picked up on the north. where !, was
side-faulte ed, and there are strong indi-
cations that the shoot will be picked UP
to tbe south shortly, whore fautod
downward. Production lr 1911 wss
largely Of lowgrade ore, but In ado,tion
10 picking up the old orc shoot where
faulicd to the north, additional ore
within the past fo% months. and there
are now five good slopes In operation.
which number should be increased ma
trria1lV during the
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06

ments Gl Lands should be owned out
right, and fully paid for; (2) the company
should be free from debt fully financed.
earning substantial profits from produc-
ton. and possess a considerable surplus
in cash or cash assets; CD the manage
mcnt should be honest, experienced and
capable: Cd the mine should be devel-
oped sufficiently 10 have ore In sight for
at least two years profitable operation
Chief Consolidated meets the three first
OF these four requirements, but lacks de-
veloped ore reserves hence / do not tern,
1t an investment, though obviously any
mine that Is making current net profits
at the rate Of more than half million
collars yearly is far more than a mere
spccula ton
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06
GOOD YEAR ENDED
AND REPORT MADE
United States Company Issues
Detailed Statement of the
Past Year.
EARNINGS INCREASED
Despite Large Ore Tonnage
Handled More Was Opened
in the Mines.

Salt Lake stockholders OF the United
states Smelling. Refining & Mining com
pary arc receiving the regular annual re-
ports OF the orsanizs lion, and careful
analysis OF the same reveals the faci
that the company has terminated q very
happy period. Mana sine Director Holden
assures the shareholders that the ore ton
nages from the various properties OF the
compahN were maintained, and despite
inc large amount marke eted more orc than
w Wae extracted was developed for future
disposition.
FROM The Bingham possessions OF the
company $1,000 tons Of ore were shipped
wnIie ZOO tons OF copper ore were
produced from this camp ~ total OF c76
Jup tons. The Centennial Eureka pron.
ettE or Iintic produced l0S.2I5 tons dur
ing the year. but more than this amount
was developed From the MamlnotI,
property I'm California 270.3Sl tons ni
copper ore we're mined. and in view OF
lne new resources opened during tho past
few months this property was never in
q more promising condition
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06
RAIN FRIDAY HELPS
THE RAILROADS OUT

Optimists who saw in Yesterdays
steady rain an item OF encourag cement
from the agricultural standpoint should
have carried their conclusions stIu FUR
Iher and included the railroads. En- route
TO the local smelters were many thou
sands OF tons OF ore in open cars. all
which was exposed TO the rain and con-
sequently considerable percentaee Of
moisture was added TO each car. On this
moisture the regular freight rates were
or Will be paid by the shippers. 80 the
the innumcrable tons or water transport
ed during the day
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06
BRADEN LIKELY TO
DECREASE ITS COST

The Mineral SepSratiop company OF
London Is installing yat its own expense
a 250-ton concentrating plant at the
Braden property for the purpose OF dem
TO far better purpose than the system
employed in ore reduction that this new
pany Itself. il is expected that this new
process will reduce the cost OF pToduc..
ton materially. while the utiliza tion of
this new process would likely increus Sc
the copper production OF the Braden by
fully % per cent Two units OF the
Braden mill are operating. and It is re-
ported that additional grinding capacity
must be secured before the capacity can
be increased much beyond the present.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06
STEEL BOND ISSUE
A BULLlSH FACTOR

Eastern market circles were rejoicing
on Friday over the remarkable success
of the new $50 000, 900 United States Steel
bond issue. the Issue being offered by j.
p, Morgan & Co. and which has been
oversubscribed at least four or five times
Bids for this bond issue came from all
parts OF the United States and Europe.
showing that there is a most encourag-
Ing Improvement In the demand for In
vestmcnts world wide. This successful
item IS taken as cumulative evidence OF
the fact that tho industrial world is
throwing Off some OF It's timidity and
that better times are coming.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06
Recent Timely Strike.

The most recent development Of inn
portancc Is the opening OF an entirely
new shoot OF orc on the l00Q-fo level.
Of about ten feet in width, carrying so
tc 40 ounces silver and about 81 gold per
ton from which ore is now being stopped,
During the latter part of March. 1912,
the mine was shipping sixteen carloads
OF orc weekly, with net returns averaging
about $1,000 per car, rendering the Chief
ono Of the largest producers of the Tin
tic camp. both in tonnage and net earn
ings. The slopes developed are not Suf-
fcient to insure a. permanent production
Of rich ore with such pronIS were
made In February. but, in view Of the
flDc ore bodies, the continuance OF large
net earnings may be anticipated. The
company has, and since organization
has had no indebtedness OF any sort, cx-
cept current accounts, which are paid
In full each month.
Net profits OF the company were Sl",
o2a 81 for 1911; S1G.3S5.30 for January,
and upwards OF $4,000 for February,
1912, and March earnings should approx
mate those of February The net profit
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06
DAILY WEST MILLING
PLANT STILL CLOSED

Milling operations at Park City by the
DaIy-West company have not been re-
sumed as yet, but with the removal OF
the cause OF cessation of concentrating
activity the plant will be placed again
on the active list. The plant was closed
several weeks ago on account OF the
freezing of the water supply In the noun
tains and conditions in the hills are still
unchanged In this regard. The com
pany is maintaining steady amount OF
shipping grade ore TO the smelters, while
deep development work is progressing
smoothly and to fine purpose.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06
GOOD MARKET HOLDS
ON LOCAL EXCHANGE

Conditions on the local exchange con
Time extremely satisfactory. and there
Is no cloud on the horizon 10 create un-
easincas. Iron Blossom was weaker on
dividend speculation. but there should be
no doubt about this dividend. as Presi-
that il will not be increased at the April
session. The installation OF new equip
ment Is calling for extra money which
might otherwise go 10 dividends
Sales yeserday reached total OF 5l,lf0
shares OF stock the msrke, value of
which was $l0,0Is. The following we're
the closing unlisted and listed stock
transactions.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06
HALF BILLION IS
PAID BY COPPERS
Dividends Of Large Cornpa-
nies to Date Total Enor-
nous Amount.
SHOWS MINING PAYS
Several Utah Concerns Are
Numbered Among the Big
Profit Makers.

The question frequently is asked Does
mining pay
There are a great many stockholders
Of mining companies Of all character
who can answer this question positively
in the Affirmative. and especially those
Of the great copper organizations, num-
bering close 10 forty. These thirty-odd
organizations TO date have paid 10 stock
holders % SUM In excess Of $6S2. 600 0oo.
aud number Of these companies. with
the amounts paid by them To date, are
here given, several being Utah COM
np,rv
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06
BISMARCK CAFE.

Tourists and Conference visitors Will
find the we'll known Bismarck Cafe, No.
80 West Second South, most delight
full place to spend few pleasant
hours. Everything in the eating and
drinking line the very best.
Fine Entertainers from to 10 P. m.
eyery evening
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06
CAMP BIRD GETTING
ALONG VERY WELL

II still is green within the memory OF
man that the Camp Bird mine OF Colo
and many and eloquent were the obit-
usry notices contained in the press of the
world. The report OF this company for
the quarter from November I. 1911 to
January 81. 1912, has been issued in Lon
don, showing in this period the COM
panys gross output was valued at tho
handsome sum OF s4s6,549 the net earn
well for a corpse.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06
WILL ATTEMPT THE
MINE PATENT CASE

The committee on mines and mining
or the Salt Lake Commercial club Will
meet on Wednesday OF the coming week
for the purpose OF taking up the matter
OF restrictions upon the owner OF mining
claims In process OF patent. Il is the
universal opinion among all mining men
and all who are interested In the industry
that the Importance OF this demands inn
mediate attention.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06
Mining Notes.

George ". Morgan has returned from
a visit TO the Inlay property az Nevada
ton. New York or San Francisco. but
the usual markets will he open today,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06
Ore Shipments,

The Utah Ore SampinG company on
Friday released eight cars OF ore from
Utah mining camps.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06

If you want loose leaf devices get
them of the Grocer Printing Co, De
livery made when promised,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06
Ore and Bullion.

The ore and bullion report for Friday.
given by Mccormick & Co. was as FOL =
lows: Ore received, $500 bullion
shipped. - SOC, 600; total, $4,000.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06
Balance Sheet.

The following comparative dp.prI.,
condition is given
Earnings all companies otter charges
cost OF product. selling, etc, but before
deprecla ttoD-l9l1. S3,9sl l0l; 1910 So
73S,5
Derre rreciation--lo1l, 81 lc0,ss9; 1910, 81, =
067. .0ss
Administration, legal cxpenses-I?l0,
SlS7l5t.
se.4Sf,31s.
Divdends--1a11. s2,4os.s6s; 1910. 81. 4oa. =
e5G.
Surplus-io11, s43b. .7i4; 1910. s1a.665
Excess Of current assets over current
liabilities Is SI.6li.51l.
Charges to capital account were 81
492 SIS. This expenditure includes cost
OF acquiring the Gold Road mine In Ari
zons.
We compare The principal figures OF
operation with the two previous years as
follows:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06
Metal Market,

The metal quotations for Friday. posted
by Mccormick & Co, were as follows ::
Silver 5S2c; lead, sl.20: copper. Sl5,2ia.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06
Tintic Ore Shipments,

Special 10 Tic TfIbUne.
EUREKA. April 5.-The orc shipments
from the Tintic district in carload lots
were as follows for the present week
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06

Completed Sg; i, that county next week
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06

,peet n-aiu uc--s---
dsto az ihe luncheon had previously b
announced Tor Friday -
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06

The tonnage of orc produced from Cen
tennial- Eureka, Mammoth. Gold Road
and the United States mines at Bingham,
and in Mexico. WAS l,0S7.6S5 tons, of
which the values OF the metal contents
were in the proportion of IS per cent cop
per. per cent lead. 30 per cent silver
and II per cent gold.
The charges to capital account for con-
struction and other additions 10 prop
erty in 1911 have been as follows:
Mine properties .:-.....,,......s 81 ,so6.5S5
Additions To plant in Mexico and
at Needles OBSERVATION-DISCLOSURES. 1850
Additions to plant at Chrome
and Grasseli ....,......... 6o,9S6
Miscellaneous additions ......., 1853
Total ACKNOWLEDGEMENTS s2, ,492, ,07S
The consolidated balance sheet Of Unit
ed States Smelling. Refining & Mining
company As of December 81, 1911. COM
pares as follows:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06

The peTrentaEe Of Value OF each mctaI
and average price received In 1911 were
as fellows.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-04-06
Position Of Stock.

According to my opinion, the mining
stock, 70 be considered an investment
should meet the four following require
The Colorado statesman., 1912-11-30
WASHINGTON.

With the beginning of the next ses
sion of Congress, the Senate finds
itself only temporarily provided with
a presiding officer.
Senator Works of California will in
troduce a resolution in Congress for
an amendment to the constitution pro-
viding for the election of the President
and vice president by direct vote OF
the people.
Rumors that Secretary Meyer of the
navy department was about to resign,
which were in active circulation in
Washington, brought an emphatic de-
nial from the secretary himself at the
conclusion of a cabinet meeting
No currency reform legislation will
he attempted at the coming session
of Congress, 1t was decided at an in
formal conference of the Democratic
members of the subcommittee of the
Eouse banking and currency commit
tee, headed by Representative Glass
of Virginia.
Funeral services for Senator Isidor
Rayner of Maryland, who died in
Washington of neuritis after protract-
ed illness, were held at the Rayner
home. The service was conducted by
the Rev. U. G. B. Pierce, chaplain of
the Senate and President Taft's pas
tor, assisted by Rev. Charles Wood of
the Church of the Covenant in Wash
ington. The interment was in Rock
Creek cemetery. Senator Rayner was
sixty-two and had been in the Senate
eight years.
Less than s1,OOO,O0O is the antici-
Iated total of the expenditures of the
Republican national committee, which
win be reported to Congress.
For the first time in the history of
the United States, Northern Demo-
Gratis will outnumter Southern Demo
Gratis in the next House of Represen-
tatives.
Miss Sophie B. Kent of Providence,
T. l., and Miss Lara B. Cooper of
Baltimore have been admitted to prac-
tice before the supreme court of the
United States.
Congress convenes December 2.
The Colorado statesman., 1912-11-30
LATEST NEWS
EPITOMIzED
FROM TELEGRAPHlc REPORTS
THAT COVER THE WEEKS
EVENTS.
0C MncT INTCDEcT
OF MOST INTEREST
KEEPING THE READER POSTED
ON MOST IMPO RTANT
CURRENT TOPICS.
western Newspaper Union News Service.
WESTERN.


Bitten by large rainbow trout, ex-
Senator E. II. Rands of Vancouver,
Wash, is suffering from an infection
on his hands.
The state constitutional amendment
for a modified single tax in Missouri
was defeated at the recent election by
majority of 421,000.
Ethel Smith, for whom Billy Rugh,
Garys newsboy, sacrificed his life,
left the hospital at Gary, Ind, and re-
turned to her home.
The sixteenth annual convention of
the California Miners Association will
be held at San Francisco during the
9th, 10th and 18th of December
The funeral of John T. Brush, pres
ident of the New York National
League Club, was held at the home
of his daughter, Mrs. Harry Newton
Hempsted, in Indianapolis.
Chicago claims to possess in Ethel
Pearl Morgan, age nineteen, the most
nearly physically perfect woman in
the country and challenge the Michi-
Gan and Massachusetts champions.
Hundreds of square miles in north,
western Nabraska and southern South
Dakota lies in barren waste following
one of the most disastrous prairie fires
that ever swept the western plains.
Lucille Cameron, whose association
with Jack Johnson led to the pugilists
arrest for alleged violation of the
Mann white slave act, was released
from custody in Chicago in bonds of
$1,000.
The recall of all elective officers.
save the judiciary, the initiative and
referendum and other constitutional
change submitted at the recent cleo
tion in Idaho apparently have carried
by large majority.
Four Chinese girls, dressed in mems
clothes, who had been smuggled
across the Pacific in the hold of the
Nippon Maru. were borne shrieking
and hysterical through the San Fran
cisco streets to the office of the sur
Yeyor of the port.
An explosion which wrecked the dry
starch house of the Corn Products Com
pany's plant at Waukegan, ILL.,, killed
between eight and twelve workmen
and injured twenty-seven others, sew
eral of whom will die, and caused about
100000 property damage.
Lucille Cameron, whose infatuation
for Jack Johnson started a long Sc.
ries of misfortunes for the black fight
er in Chicago, says she has been
cured, and believes it would be good
thing for any girl who believes she
Is in love to be immured in prison for
thirty days to think the matter over
and see II she is not mistaken. Her
mother believes they will be unmolest-
ed in the south, as she says Johnson
would not dare follow them below the
Chic river.
The Colorado statesman., 1912-11-30
GEN ERAl.

Burton w. Gibson, the lawyer on
trial at Goshen, N. Y, for the murder
of Countess Rosa Szabo, is on the
verge of collapse.
A furry in the New York money
market set the rate for call loans up to
twelve per cent, the highest figure
since the early part of 1910.
Margaret Schroeder. a pretty 49,
year-old girl, was shot and killed in
New York by her sweetheart, Michael
Grasso, 81 years old, who attempted
suicide.
Charger, former President McKin-
ley's riding horse, met violent death
on the farm of Albert Lewis, at Stras-
burg, Ohio. He became entangled in
& wire fence and strangled.
Governor Mann of Richmand, Va,
granted Floyd and Claude Allen a re.
spite until December IS. They were
sentenced to death November % for
the Hillsville court house murders.
The universe is well, according to a
sweeping diagnosis of affairs which
Andrew Carnegie made in a genial
philosophical mood on his seventy.
seventh birthday at New York.
A 17-year-old boy has been SEN
fenced to attend Sunday school until
he reaches the voting age, by the
terms of a decision of County Judge
Fawcett in the County Court, Brook
lyn, N. Y.
Not guilty" is the verdict of the
jury in the case of Joseph ]. Ettor,
Arturo Giovannitti and Joseph Caruso
for the murder of Anna Lopizzo, who
was killed in the Lawrence, Mass, tex
tile strike riot last winter
Gyp the Blood, Whitley Lewis, Lefty
Louis and Dago Frank, the gunmen
convicted of the murder of Herman
Rosenthal, were sentenced by Justice
Goff to die in the electric chair at
Sing Sing, New York, during the week
Of January 6.
William p. Jackson, member of the
Republican national committee, will
be appointed Senator Rayner's success
sor, 1t is believed, although Governor
Goldsborough of Maryland said he
would not consider the matter until
after the funeral.
What is declared by officers and
delegates one of this mnat successful
conventions ever held by the National
American Woman's Suffrage Associa-
ton, came to an end at Philadelphia
cfter the adoption of resolutions on
ceveral important subjects.
While dreaming the building was
afire Mrs. Ida Radth walked through
window on the ninth floor of the Or
leans apartment house in New York,
fell seven stories to the steel wire
grating over the office skylight, and
escaped without any serious injury.
The Colorado statesman., 1912-11-30
Probably Never Run Home.

Denver.-"The cost of food has
nothing to do with the high cost of
living says Miss Ednah A. Rich,
president of the California State Nor
NAL School of Manual Arts and Home
Economics, who came to Denver to
tell the Colorado Teachers Associa-
ton about her work. THE sole cause
of the high cost of living is waste
The average housewife is to blame.
She doesn't know how to manage her
home"