davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-06
FIRM METAL, MARKET
IS FEATURE IN EAST

James A. Pollock & Co, bankers and
brokers, furnish the following, received
over their private wire yesterday after
noon:
Paine. Webber & Co. Bo5ton-Thc
opeuins OF the market was strong and
fairly active, trading being moro general
than for some time past. On the advance
today, considerable realizing took place
in Amalgamated around s2l, which
checked the rise IN the copper group to
some extent while the New York list
continued upward. There is no sign of
weakness in the mstal market at the top
prices, which ruled around 1isc TO 1f2c.
hut the tendency IS toward higher prices.
VIC believe the market is in D stronger
technical position than IL has been dur
ing the present move The fact that the
British coal miners declined the offer OF
the railway men 10 declare a 5ympa thetic
strike makes the situation look moro fav-
orable and is taken as an indication that
the miners will accept some compromise
In the very near future
Logan e BRYAN, New Gork.-While
some distributions were accomplished
during the days session OF the stock
market, there are AS yet no indications
OF the upward swing having run it's
lieye that the strong professional CO.
teric responsible for the recent course OF
prices will succeed in establishing high
er level. mainly on the demands Of the
short interest which. despite recent con-
fractions. is still Of good proportions
Hayden, Stone & Co, Boston.-The
Boston copper market continues 10 broad
an and the afternoon session has been
the most active one for a long time past.
While some realizing sales havo taken
place the market as whole continues
strong and many new high prices have
been established.
TIornblower &c Weeks. Boston.-Cop-
pers were strong again TODAY and the vol
ume Of business WAS We'll distributed
through the list The buying continues
OF a very good character and feeling is
growing more bullish right along. Close
was steady, with 4 fairly good demand.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-06
FEDERAL HAS FIRE
NOW UNDER CONTROL
Idaho Company Has Suffered
Remarkable Series of Very
Bad MiSfortunes.

II is reported that the fire in the
STANDARD mine OF the Federal Mining S
Smelling company OF Mace. Ida. the
largest OF the Federal mines. has been
conquered, and tho 200 men thrown out
weeks viii be back to work soon.
This is the latest mishap OF remark
able series OF misfortunes suffered by
The Federal company, as shown by tho
following resume OF tho difficulties in
The Wall Street journal:
In January, 1910. an orc-bin fire caused
a considerable loss TO the company and
In February Of The same year a disas-
trous snowslidc killed forty persons, in
say nothing OF seriously Interfering with
operations. In August OF that year the
most severe forest fires in tho history
OF Idaho swept the state. destroying mil
lions of dollars worth OF timber and
partly burning the town Of Wallace
oeusinE a proper;y loss to the Federal
OF Slo.ooo That same year saw The
common dividend passed.
meanwhile the character Of the orc
IN the Morning mine. tho largest pro-
Queer then operating. had changed so
that the lead recovery wa3 81 I-3 per
cent less than formerly and Federal spent
much money and employed the best cX-
perts in the country without satisfac-
torly solving the problem of the treat
he profitable as before. TO add to
the company's troubles 4 big cut was
proposed in the lead tariff schedule
which seems likely TO so through and
which VIII eat heavily into Federal s
earnings.
Last year the Mace mine 'bottomed. +"
the second largest Of the Federal group.
and earnings had so fallen or early this
year that on February tho preferred divl-
dend was cut from per cent rate per
anuum 10 per cent. Unless earnings
show Improvement a further cut is not
unlikely,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-06
FORENOON SALES.

FORENOON SALES.
Beck Tunnel 500 at lie.
Gold Chain. 100 at sic, buyer sixty days:
100 at soc.
Grand Central. 200 at 75c
Lower Mammoth. SIS at 3sc.
Swansea, 800 at foc: $500 1T ajc, 600
at 9sc: II 900 at eic. 500 at DC.
Shares sold. ls,i1S.
Selling value. sl9S9.90
OPEN BOARD.
Beck Tunnel, 1000 at lie.
Indian Queen, 500 at lie.
Lower Mammoth, 500 al &c: "a at 3ic
J.ehi Tintic 1000 at lac.
Opohoneo. 30o0 at 2oc
shares sold, 10.Ic2.
Selling value. S2f0n.i5,
AFTERNOON SALES.
Colorado, 900 at CSC
Columbus, 500 at 32ic: 100 at 2io
Iron Blossom. 500 az sl225.
Lower Mammoth. 400 al &c,
May Dag. $500 at I5c.
Mountain Lake. 500 at 32c.
New York. 500 at 3sc.
Opohongo. 400 at 20c
Prince CONSOLIDATED. 100 at sl.22s.
Swansea Consolidated 1920 at glc:
200 at esc; I42 at &c: q al l2e
Union Chief, 500 at ioc.
Shares sold. 2o.a5o.
Selling value. S35z5.5o.
OPEN BOARD.
May Day. $500 AZ 15c; 1000 al f5sc,
buyer sixty days.
Pioche Metals. 5000 a, 1c.
Swansea, 1a2 at &c: 1000 al sic.
Wilbort, 1900 at 26c.
shares sold. 1892
aeliinS value, $!9ea.Io- -,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-06
ZINC TARIFF IS
SURELY REQUIRED
Producers of Joplin Place Be-
fore Senate a Statement
Showing Why.
CHEAP MEXICAN COSTS
Tariff Only Means of the Do
mestic Industry Being
Preserved.
CHEAP MEXICAN COSTS

Ii l. interesting TO note these metal
tariff revision days thal The zinc pro-
ducers of tho Joplin district have laid
before the senate data covering the re
spec!ivc cost OF zinc orc production of
Joplin and Mexico. II is figured. for
instance that the difference in produc
tion costs between 60 per cent zine
Joplin orc and a 10 per cent Mexican
Gre t. SlS.S5. The cheaper cost naturally
being in Mexico. II Is stated that a
tariff OF Ii cents a poUnd> OH Mexican
zinc is necessary to cover this differ
ence, while the Democratic house wants
to remove the tariff completely.
These producers placed a statement OF
facis before the senate. of which the fol-
lowing is a part;
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-06
MARKET is SOMEWHAT
WEAKER IN SPOTS

The local mining share market was 4
hit weaker In spots Tuesday. Swansea
Consolidated slipping back in q manner
reflccting disappointment of a few over
tho grade of ore. The majority OF
friends OF the company, however, be-
love that the conditions as stated in
these columns. Tuesday morning by
President Knight are good enough. and
tho stock was We'll supported round . to
% cents a share Thompson Quincy re-
ceded from 20 to % cents in the aftor
noon as a result of profit taking.
The sales yesterday totaled sS.062
shares of stock, the market value of
which Was $o6T6.25. The following were
the closing unlisted and listed stock
transactions:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-06
MIAMI DIVIDEND IS
EXPECTED ANY DAY

Official action on tho initial dividend OF
the Miami Copper company is expected
any day now. and ii can be stated pretty
authorize lively that the amount declared
Will he 30 cents a share, in the nature oi
a quarterly disbursement. This gives the
Miami tho distinction OF being the third
successful porphyry proposition 10 pc
brought into the dividend porphyry cop
per class The compauy's mill Is now
in fun operation, the company is pro
ducing three million pounds of copper Il
month at a cost OF about So cents n
pound Indicating annual earnings OF
about S2.Io per share.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-06
MAY DAY OPENING
ITS NEW DISCOVERY
Director j, G. Dick Returns
From Inspection of Recent
Lead Strike.

James G. Dick, director Of the May
Day Mining company returned Tuesday
morning from visit to the property
and while there he made a thorough in
spectlou Of the ne.y silver and lead orc
body found ncar the zoo foot level sew
eral days ago This body. he states, WAS
found by raising about sixty feet above
the level. the raise evidently making Its
way alongside Of the ore. for one side
OF the work WAS in waste rock. the oIher
in The ore.
There are strcaks throughout the orc
which carry as high as - per cent lead
and over fifteen ounces silver. but as near
as can he determined at this date the
entire body will break down from siN 10
cigut ounces silver and & 20 = per cent
Lead. The management is going to con
tinuc this raso. while the work OF drift
ing IN the ore has started. ms uflli
was looking n hit better. if anything,
than the average OF the ore so inr
brongh, to view.
IAN that can hc said right now is that
make. both up and down and along the
trend. for il is virgin ground aud no Pre-
vious work was located anywhere near
this point" said Mr.. Dick. The Nay
covery the most important strike m
three or four years past, and the next
few days should tell MS something more
definite. Everything is certainly prom
Using"
The company has a Gfty-to car or
the gold ore now on the local marker:
and Superintendent Griggs expects 1t VIII
average so gold per ton.
Mr. Dick went through the Uncle
Sam, Lower Mammoth and Dragon Con-
solidated properties also, The Uncle
Sam Is drifting towards the fichmond :
Anaconda property sixty feet below the
old tunnel level. The Lower Mammoth
is doing some interesting work on. the
1000 and 1900 levels. and some work on
the 1000 level is being mapped out at
this time The Dragon Consolidated Is
looking fine, but Mr.. Dick stated that he
could add nothing about this property
not already given in last Saturdays ac-
cOunt on this mage,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-06
Low Cost Producer.

The statement which has been Issued
by the management, saying that II tho
two units of the mill during January had
bcen operating 20 capacity the cost would
not have exceeded cents per pound
even on the inferior quality or ores treat
cd. refects the excellent results now be-
ing obtained at the mines. Based on this,
with the entire plant In operation, Chino
should show an exceedingly low cost of
prorlllr1 ION
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-06
Ore and Bullion.

TIE ore and bullion report for TUESDAY,
given ny Mccormick & Co. was as fol-
lows: one received, $3.50 600: bullion
shipped. ZOO; total. stso,0n0.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-06

From such a contrast of wage scales
II is easy to SEQ that The cost of pro-
ducilon must he much lower In Mexico
than it is in the United States.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-06
Zinc Duty Necessary.

CD The duty assessed under the
Payne -Aldrich bill has been a revenue
measure with incidental protection.
'2l Two years imporiations under
present duty and subsequent nvestiga-
tions have demonstrated that the zinc
ore producers need protection.
% The combination OF large zinc de-
with cost nf production below that In
the joplin district places zinc-ore pro-
ducers in tho United States IN the posi-
ton of seeing their industry decline and
skilled American worlimcn (who own
their homes) must seek labor elsewhere
or congress must levy such a duty upon
zinc ores as their merits OF the case
justify.
The ziuc-ore producers of the United
States are before congress TO ask that
the relief granted under the Payne Aid :
rich bill may not be stricken out.
During the two years, in which the
Payne Aldrich tariff has been in force.
there have been brought into the United
States in 1910, according to tho United
states geological survey, Si.406 tons, and
1881 tons in 1911 II should be remem-
bered. too. that the principal source OF
zinc-orc Imports, Mexico has been In a
state of revolution and had peace pre-
vailed the imports would have been still
larger. IL has, however brought i'm 9.
large revenue. In the ores imported tho
metal contents have been Isl ,37S, 900
pounds OF zinc. OF this there has been
smeltcd in bond. The zinc ores that
were imported for consumption and up
on which duty was paid have brought in
as revenue since August ;, 1909, the date
OF the Payne .Aldrich measure taking ef-
feet. a total of $3.50 ,gf2.62
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-06
Smelter Story Correction,

BY AN unfortunate mistake the name or
the chief craftsman OF tho International
Smelling ard Refining company In the
construction account last Sunday OF the
lead smclter was given As T. y. Swaner.
when IL should have been r. II. Sumner.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-06
Metal Market.

The metal quotations for TUESDAY.
posted nv Mccormick g. Co. were as fol-
lows: Silver. 5sIc; lead. 81; copper.
slA2A
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-06
Boston Mining Stocks.

James a. Pollock & Co. bankers and
brokers' furnish the following. received
over their private wire yesterday after
noon.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-06
New York Mining Stocks.

James A, Pollock & Co. bankers and
brokers' furnish the following, received
over their private wire yesterday after
noon:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-06
Ore Shipments.

The Utah Ore Samplirg company OH
Tuesday released cars of ore from Utah
mining camps.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-06
Labor Costs Contrasted.

The following table gives the costs OF
labor In Mexico as compiled from United
states consular reports on the Zinc-pro-
ducing regions OF Mexico. and from a
recent report of Frederick S. Cook, a
mining eng ginecr. In q parallel column
are placed the costs OF labor for the Jop-
lin district under normal Condifinns
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-06
$4,000

To Los Angeles and return. Land
show March S-9-17 to help boost Utah.
Tickets and information, l6o South
Main street.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-06
Small capitalization.

Chino now has 100000 shares OF stock
outstanding. allowing for the conversion
Of the present bond issue. An issue oil
20. 600 shares would he slight in proper :
ton To the present Issue and would not
affect TO any great extent earnings pot
sbarc We believe that should new
financing hc necessary it would place
Chino in a stronger position than IT is
a the present time, as II would give the
company large surplus and mean that
the property could be placed on a diM-
cend basis much sooner thnn otherwise.
Although Chino was tho last porphyry
mine TO begin production. the property
is rapidly being put upon 81 very efficient
operating basis, Judging from the results
now being obtained In the mine and con-
ccntrator.
Apparently. Chino IS to profit by the
mistakes of some OF the other w-Srade g
ncrphyries In that work at tho mine IS
FAR I'm advance Of tho concentration. and
any tonnage required can be supplied !;
also according to the mana cement, no
alterations of consequence will be neces-
sarv in the mill as originally designed
both OF which indicate that Chino should
be placed upon It's normal producing basis
shortly after all units OF the mill have
ocen placed IN commission, which condi-
ton should be brought about by the first
OF July, when the property should be
placed on q 5000 -Ion-pe day basis.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-06
Big Domestic Industry,

Since 1907 the imports of foreign zinc
ores have been running from 20 TO 50
per cent OF the total tonnage produced
by the largest znc-nininG district in the
United States. tt has taken the Joplin
district since 1860, or half century to
build up its great industry. while the
importations Of zinc ores have grown TO
large proportions In only eight years.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-06

Van Camp Pork and Besus now 1oc,
15c, 20c.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-06
San Francisco Oil Stocks.

James a. Pollock 6, Co, bankers and
brokers. furnish tho following. received
over their private wire yesterday after
noon,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-06
NEW YORK CURE CLOSE.

Neyadas in San Francisco.
James q. Pollock & Co. bankers and
brokers, furnish the following, received
over their private wire yesterday after
noon:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-03-06
CHINO MAY ADD
SOME NEW STOCK
If New Financing Need Be
Done Fifty Thousand
Shares Sufficient.
DEPENDS UPON COPPER
Eastern Authority Goes Into
Question of Finances OF
the Company.
DEPENDS UPON COPPER

There have been some rumors current
for several weeks to the effect that the
Chino Copper company was coniempIat-
Ing the increase In its stock TO at least
n small extent for financing the compile
tion Of the concentrating plant. and IN
regard TO these rumors the following from
Thompson. Towle & Company will prove
both timely and interesting locally. where
p great deal OF Chino stock is held:
IL has been rumored that tho Chino
company would DO required 10 do some
more financing. This, however Will de-
pcnd upon the future price OF the metal:
At any rate, IL IL probable that this VIII
not ba done in the near future, as the
company Is well provided for as TO pres
ent requirements. 1T is believed tnat
should financing be necessary, an issue
OF 10000 shares OF stock at %. or It's
equivalent i'll bonds, would be sufficient.
Clearwater Republican. [volume] (Orofino, Idaho) 1912-1922, 1912-06-27
Political Announcements.


Commissioner Ist District
c. w. Space, desires to announce
his candidacy for commissioner from
the LIST district, on the republican ticket
from clearwater county, subject to the
will of the voters at the nominating
primaries, July 80, 1912.
Robert Swadener hereby Announces
his candidacy for the office OF county
sOrveyOr on the republican ticket for
Clearwater county, subject to the will
OF the voters at the nominating pri-
maries July 80, 1912.
Samson Snyder desires to announce
that he is candidate for the office of
assessor on the republican ticket for
Clearwater county, subject to the will
Of the voters at the nominating pri-
maries, July Both.
School Superintendent
Stephen Craig hereby announces
himself candidate for the office OF
school superintendent on the repub-
lican county ticket for Clearwater
COuuty, SuUJCCt W tIiC Will vi TIT NOtcTS
at the nominating primary to be held
July 80, 1912.
Probate Judge
j. c. Bullock hereby announces him.
self candidate for Probate Judge for
the county of Clearwater on the repub-
lican ticket subject to the will of the
voters at the nominating primaries July
3Oth.
County Attorney
w. j. Hannah hereby announces
himself a candidate for the office of
comfy attorney on the republican
ticket for Clearwater county subject to
the will of the voters at the nominatin
primary to be held July 30, 1912.
Commissioner
Louis Soderberg wishes to announce
himself candidate for the office
Of commissioner of the Second District,
on the republican ticket, for Clearwater
county, subject to the will OF the voters
at the nominating primaries July 30th.
State Treasurer
O. v. Allen, of Boise, wishes to an
nOunce himself candidate forre-nomi-
nation to the office of state treasurer,
on the republican ticket, subject to the
will Of the voters, at the nominating
primaries, July 3Oth.
Sheriff
Seymour M. Snyder desires to an.
nounce himself candidate for the Of
flee of sheriff on the republican ticket
for Clearwater county subject to the
will Of the voters at the nominating
primaries July Both.
Commits sioner
Frank Harrison, OF Weippe, desires
to announce himself candidate fol
commissioner, on the republican ticket,
for the lst district of Clearwater county,
subject to the will of the voters at the
nominating primaries, July Goth.
Clearwater Republican. [volume] (Orofino, Idaho) 1912-1922, 1912-06-27
Just Another Lie.

A report has been circulated from
Democratic headquarters that the Re-
publican is supporting a ring for office
in Clearwater county. This is just an
other lie, handed out by the powers
that be who are seeking to control both
the democratic and republican parties
in Clearwater county. The columns of
the Republican are open to any candi-
date, republican or democrat, who
seeks to aid his or her candidacy by
their use.
Clearwater Republican. [volume] (Orofino, Idaho) 1912-1922, 1912-06-27
Real Estate Transfers
For the week Ending May n, 1912
Furnished by
Clearwater Abstract Co.

Chas. w. McAllister to Potlatch Lum-
Der Co. deed, e1-2 nel-4 el-2 se1-4,
1l-4l-le.
Ida M. Franz to Lee Mcdowell deed,
SIP sw1-4, 17-37-1e.
United States to Frederick f. Stod-
dard, Pat. w1-2 swl-4 II, sel-4 sel-4 IS,
ne1-4 ne IA, l9-39-2e
United States to j. Harlan Williams
Pat. sel4 sw1-4-sw1-4 nw1-4 S-3S-3e.
Elva l. Follett to Albert S. Frasier,
deed, part swl-4 Sc Ia 4-36-2e.
United States to Jacob w. Miller,
Pat. nl-2 Sc IA, NIB swl4, 25-38-1e
Herbert F. Ripley Pat. se1-4 nw1-4
ne1-4 swl-4, nl-2 se1-4 3-3S-3e.
A. +. Hill TO A. f. Black deed, n1-2
nw1-4, nl-2 ne1-4, l2-4l-2e
Clearwater Republican. [volume] (Orofino, Idaho) 1912-1922, 1912-06-27

Every School District should install
the Waterbury System of heating and
ventlating. For prices and particulars
write w. M. Chandler, Orofino, Idaho
We aim for perfection. The better
we can make your watch run the more
pleased we are. Try us, we will do
everything in our power to satisfy you.
f. |. LINDGREN.
FOR SALE. Eighty acre farm well
improved, IL acres orchard in bearing;
convenient to school and postoffice
Price 100 per acre. Easy terms. w.
M. Chandler Orofino, Idaho.
Clearwater Republican. [volume] (Orofino, Idaho) 1912-1922, 1912-06-27
Will Settle Business

F. L. Frazier wishes to announce that
he has disposed of his Feed & Flour
business to j. p. Harlan and Louis
Soderberg, and that he will collect all
bills owing on old business and pay all
bills contracted by himself.
Signed, +. l.. FRAZIER.
Clearwater Republican. [volume] (Orofino, Idaho) 1912-1922, 1912-06-27

Sheriff to j. j. Simmons, Deed, SELF
sel-4, 5, sw1-4 swi-i, 4-39-3c
Henry w. Dillon to Harry A. Morrisey
Deed, sl-2 nw1-4, sw1-4, sl-2 n1-2 nw1- 4
swl-4, 2S-36-2.
Harry A. Morriscy to Catherine j.
Knight, deed, same property