davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
Solution Seems Near.

The question which is exercising min
ing men regarding the appearance OF
THIS formation In the mines OF Goldiield
Is whether solid shale, basic formation.
has been penetrated by these deep shafts
or the material found is in the form oi
strata or detached masses. From the
Information at hand II would appear
that the character and manner OF oc-
currence of this ma terial In the work
ings OF the Jumbo Extension mine give
support TO the latter theory, That the
shale was found at less depth here than
I'm the other two shafts mentioned is or
plsined by the fact that the Jumbo Ex-
tension is farther from the center Of the
great baSh
The Grizzly Bear shaft, 1t appears from
descriptions OF the work, penetrated the
shale above the l300-foot level and a
cross-cut from this level ran out OF the
shslc ana entered body OF ore that is
said to be OF gigantic proportions, This
Is the base ore that liz now being shipped
by the Consolidated company TO the smell
ter at Tooele, Utah Although nearer the
center OF the so-caled basin the Merger
Mines shaft is said to have entered the
shale at a depth OF 100 feet or more less
than at which II was cut by the Grizzly
Bear and adherents OF the first theory
arc now seeking a way to make their
theory accord with the facts as demon :
Stra1ed
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
JULY FIRST BARREN
MONTH At MAY DAY
No Shipments Were Possible,
but the Company Was Not
Wholly Idle.

On Thursday afternoon the directors
OF the May Day Mining company held
their regular monthly session. at which
nothing moro than the routine business
was transacted. IL is learned. however.
that the officials OF the company were
decidedly well pleased With the report Of
the management TO the -cffcct that after
long drawn out negotia tions with the
railroad companies an equitable freight
rate had been securec on The new ton
mage OF zinc ores which Will be for
wsrded cast TO the zinc smel,crs as soon
and as steadily as possible.
An interesting topic Of conVcrSati
developed at this meeting on Thursday
WAS the fact that July WAS the first
month in great many years that the
property did not ship a car OF ore TO the
local smeltcrs. In fact. there arc few
connected with the MAY Day company
who can recall any month in the history
OF the mine when not pound OF ore
was sent 10 market
This record. however. Is not as bad
as " looks. In the first place, the man
agement needed the new freight rates
for It's present tonnage. which is Zinc
ore and until tho rates were adjusted
there was no need OF attempting ship
for the purpose OF changing over all the
mine equipment from steam 10 electric
power, and while attending TO the Inn
provcmcnt OF the surface equipment the
did not neglect the Iuiuc
phase either. Ono closely
terday that from the lowest level To the
top Of the hoist the May Day Us in first
class trim for economical production, and
this happy period is not so Tar away
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
KING EDWARD HAS
CALLED A MEETING

The western shareholders OF the King
Edward Silver Mines have received the
following notice from President Ward in
regard TO their proposition;
An offer has been made by certain
parties in the town OF Cobalt in the dis
trict OF Nlpissing to lease from the COM
pany certain parcels of land controlled
by II and known as the northwest part
Of lot No 2 in the fifth cncession OF the
township OF Coleman and the northeast
quarter Of the north half OF lot No. 3
in the nfth concession OF the township
OF Coleman, together with all the build :
ings. machinery, tools and equipment,
with the exception OF the concentratoT
or mill and tho machinery now erected
on the same premises. upon a royalty
basis Of 20 per cent OF the net proceeds
OF all ore mined during each year OF the
term. said lease TO run for a period OF
hve years from the date OF tho lease. The
lessees further agree 20 commence work
within three months from the date OF the
said lease (unless prevented through ac-
cident. strike the act OF God or the fail
ure OF power) and agree to expend an
average amount Of at least $1,000 per
month in actual bona flde operations upon
said premises during each year Of the
term.
II is the opinion OF your officers that
the proposition TO lease should he ac-
cepted.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
MARKET SENTIMENT
NOT WELL DEFINED

James a Pollock e. Co, bankers and
brokers. furnish the following. received
noon:
Paine. Webber & Co, Boston: Both
markets swung back and forth today In
very narrow limits Each day this week
reports coming out at least one would
cause the market to regain activity, but
now that hope is gone and II is evident
mat We Wa must walt for the leadership OF
position In such a dun market. But
from the present outlook We advise sales
on all rallies. as stocks viii soon COM
nonce To sag In the excitement OF the
presidential campaign.
Logan Bryan, New York: The market
was feveri5h and Irregular up TO the time
when crop report was published. when
q heavy selling movement led by the pro-
feesional element caused rather sharp de-
cllnes which. however, were subsequently
wiped out. The professional element pro-
feSsed 10 be disappointed over the report
but their attitude was no doubt fostered
by the fnct that they had taken the sell
Ing side earlier In the day and were try
Ing TO force a selling movement under
cover OF which short contracts might be
retired. or long lines replaced. What
ever influence the report may have on
the agricultural markets. IL Is quite ap-
parent on the face Of things that a suffl-
cient volume Of tonnage will be provided
the transportation OF which will more
Than offset the lean tonnage in some Sec
lone last year.
Now that politics are temporarily less
OF factor, and as the agricultural pros
pect IL more encouraging, IL would seem
IN view Of the fact that congress is sched-
uled to adjourn next week. that the old
element operating on the constructive side
VIII not meet much opposition aside from
such restraint as may be exerted by
monetary conditions. As We have lndi-
mand for funds for crop-movinS pur-
roses taken In connection with the fact
that loans at present are quite we'll ex-
panded, should tend 20 produce a hard
ening tendency for money rates in case
the inquiry for funds for stock marke et
purposes becomes ins!stent which condi-
fion Is likely 10 continue TO prevail until
o. investors display q keener disposition to
enter the market moro freely. We arc
inclined TO look for further upturn in
the stock market load by the grangers.
notably Northern Pacific, and followed by
steel, Union Pacific. the coalers. Cana
dian and the equipment stocks
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
July at Consolidated.

That the body OF base ore opened by
the Consolidated on the l300-foot level
OF tho Grizzly Bear is OF large dimen-
sions Is indicated by the fact set forth
In the company's report for June, that In
that month some $500 tons OF ore. pro-
duced from this deposit in the course OF
development work were shipped to the
smelter and during this time the work
OF enlarging the shaft from the 100 10
the 1500-foot level WAS completed and the
guides and air pipes for the additional
compartment were put In place and q
double drum electric hoist was installed
over the shaft.
Preliminary estimates Of the produc-
ton and earnings OF the Cioldfield Con-
solidated for the month OF July have lust
been ISSUED by superintendent J. 2.
Thorn and show normal tonnage treat
ed but lower gross and net recovery
OF gold than for a long time past, ndi-
eating that the company Is following it's
announced policy of treating the largest
tonnage possible of any product that will
return profit, The production for the
month is given as 3I,s46 tons. with a
gross recovery of approximately $a35, 900,
operating costs OF $4,000 and net re-
covery estimated at s225, 900.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
$3.50 Recipe Free,
For Weak Men.
Send Name and Address Today.
You Can Have It Free and
Be Strong and Vigorous.

have in my possession a prescr,n+1c,
for nervous debility, lack of vizor. vssS.
ened manhood. failing memory ana iarns
back. brought on by exces1es. nnn,ts,na,
drains. or The foll1ea of youth. that has s
cured so many worn and nervous rnsn
right in their own homes-witho,t ap.
additional help OF nedicine-that T th1nG
every man who wishes to regal, Lts
manly power and virility, quickly .nS
quietly, should have a COPY Go + hama
determined TO Send a copy of the 80
scrtpuon free Of charge. In q plain. nr,sI
nary sealed envelope TO any man who
This prescription comes from a nhxH
clan who has made special st,,dy 20
men and / am convinced II Is the s,yrst
acting combination for the cure OF dsS
Client manhood and vigor failure ever nm,
together. SU'
think 7 owe it to my fellow me, to
send them a copy in confidence 70 fhst
any man anywhere who is weak ana SJet
couraged with repeated failures NAV ston
drugging himself with harmful patenp
quickest acting restorative. upbuildlnE'
SPOT TOUCHING remedy ever deyixA5
and SO cure himself at home quietly and
quickly. Just drop me a line like this.
Or. 4. z. Robinson. 1897 Luck bufldinp
Detroit, Mich. and will send you a cony
OF this splendid recipe In a plain ordi
nary envelope free OF charge. A great
many doctors would charge $500 to t5 90
for merely writing out a prescription IKE
this-but send II entirely free.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
NEW DEAL PROMISED
FOR THE UNION CHIEF

IL was stated on Friday that strong
interests had joinod with l.. A. Martin
os this city and a substantial interest Sc
cured In the Union Chief company. These
tho controlling say OF the Proposition and
VIII direct tho future operations OF the
company. James Quinn has been sell
iected as superintendent and he will as
Mr. Martin stated 10 The Tribune yes.
terday that two shifts OF eight men saci
VIII be put TO work 90 ore Irnmediately
ana everything looks as II this property
VIII join the steady producing lists Of the
state The property is to be SURVEYED
ana very comprehensive campaign OF
oeeP oeN e!opInsnt work outlinc5 The
company has the big main rissurc on thc
io"er level eroSscut being I'm tho IRON
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10

D. c. Bybee. teaming contractor liv.
ing at $50 Keeling Court, Canton, Ill.
is now we'll rid Of a severe and an,
uoying ease of kidney troubl His
hack paiped and be WAS bothered with
headaches and dizzy spells. "I took
Foley Kidney Pills Just as directed and
in few days felt much better. Ny
life and strength seemed to come back
and I sleep well. am now all over
nv troubles and glad to recommend
Foley Kidney Pills" Try them
schrsmm-J ohnson. Drugs.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
BUTTE g. SUPERIOR
PRESENT CONDITIONS

The Butte correspondent OF the Boston
Financial News says that the operntion
Of the Butte G. Superior concentrator 70
full capacity now only awaits the installa-
ton Of the new hoisting plant at the mine
and 1t is fully expected that this will
be ready TO BE placed In commission be
fore the end Of September. portion OF
the new machinery has been received aud
all Of 1t will oe on the ground early in
August. Both halves OF tho concentrator
are now complete and the second half has
been tested out and found TO be salts
factory. The minimum capacity OF the
complete plant has been estimated at
1900 tons day and Supernt end ept Col
Inns states that the mill will easily treat
1000 tons a. day s its maximum capacity
In all probability II will be operated at
the rate OF about 1900 tons a. day. as the
new hoist will have a capacity for lift
ing between 1900 and 1850 tons OF ore a
day from the 1600-foot level,
The saving in the new concentration is
being held slightly above 30 per cent
With the heads carrying an average of
about 22i per cent zinc The oil flota-
ton portion of the mill is working TO COM
plete satisfaction In the treatment OF the
shines. President 4. 3. Wolvin stated
few days ago that the cost OF milling
and concentrating has been ninimized
and is considerably less than at first osti-
mated.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
UNITED STATES TIN
CONSUMPTION LARGE

The United States uses Between 10 and
% per cent OF tho worlds production OF
tin. buL mines only small quantity. In
lHll. according 10 the United States geo.
logical survey. the output of tin ore In
this country Vas equivalent 10 sixty
three tons OF metallic tin. valued at s5i-
oiS. Tho secondary tin recovered In 1911
vas a little more than - per cent OF the
tin Imported into the United States dur
ing the year. The amount recovered from
hshoiit metal. bronze. solder. from sc1iff
and dresses tuai are formed In making
rim and tcruc plate. and from tho tin con-
tent OF products made by several plants
from tin scrap was 1905 short tons, val
ued at s1s.3S5.oto.
In both quantity and value tho imports
~ tin IN 1911 exceeded previous imports.
According to figures collected by the
bureau OF statistics tho United States in
1911 Imported for consumption 51.se7 short
tons og tin. valued nj Si3.5fs.Ss4 against
He.s.S short tons. valued at SSS.st3.e65 iu
1910. The worlds supply OF tin. as shown
by shipments for 1911. VAS l2c.i5s shor;
tons To the worlds supply should ho
added the quantity OF secondary tin re-
covered during the year approximately
%, 600 short ions--p,skinE the total supply
for 1911 about $4,000 short tons,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
MORNING SALES

MORNING SALES.
Grand Central, 200 at CSC.
Iron Blossom, 100 at 1925; 1000 al
81 22S,
Lower Mammoth, $500 at Sc.
OpohonRo, 500 at 12c.
Tintic Central. 1900 at lie,
Union Chief 500 at l2c.
Victoria Consolidated. 100 at SIC.
Inyo, 1000 at PC: 1000 at 2ic.
Shares sold. 10000.
Selling value, s30SO.T5.
OPEN BOARD.
Bingham Amalgamated, rs at Sc
Union Chief. 1000 at 1ac.
Grand Central. 100 AT CSC
Iron Blossom. ESQ at s1.25.
Shares sold. 7725
Selling value. s32SS.5o.
AFTERNOON SALES.
Colorado. 500 at 2ec.
Iron Blossom. 30 at 81. 20.
May Day. 1000 at 1<9c.
Union Chief. 1000 at 12lc.
vibert. 1000 at 31ic.
Shares sold. $3.50
Selling value, $i0lI.5n
OPEN BOARD.
Mineral Fiat, ceoo AZ ic
Tintic Central. 1000 at lic.
Utah Consolidated. 1000 at &C.
Union Chief, 500 at Ice.
Silver King Cons olidated. 100 a, $3.50
seller 90 DAYS: Zoo at s.ao
Shares sold s9no.
Selling value, sa3f
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
Tribune Premiums

Are for new and old subscribers,
the latter being offered the same
propositions as those just start
ing. Visit the premium room and
see the finest line Of household
articles ever arranged for news
paper readers. Early arrivals Of
the very latest novelties for fall
and the holiday season are COM
Ing in. Call and see them.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
With Respect to Copper.

With respect 10 copper the case ia not
50 simple, An adequate explanation of
excess production OF $4,000. 900 pounds is
necessary before any broad deduction
may safely be drawn as to the mark ct
for this metal. II may be said, however,
that the domestic deliveries Of the re-
iired metal probably measure the actual
cons unption in this country
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
FOURTH SECTION OF
CHINO MILL GOING

Word from the Chino property on fri
day WIS 10 tie effect that the fourth
section Of the coDccntrator had been
started and ths, the production OF this
famous New Mexico copper proposition as
a consequence viii be- Increases spIen-
dldiy during the present month. The
Chino has been treating an average OF
1000 tons daily in each ~ the three mi :
tial sections and within the near future
this should reach 900 tons daily COM
bined with all four initial sections
whipped into normal shape.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
STOCKS, BONDS, G
PROVISIONS, COTIu
James A. Pollock y

BANKERS AND eRoksSs
sss-sss South Main Ssrset W
sat Lake City,
Direct Private Wire 10 So
Duplex 6ysten--One Relay
and Bostoh 80.
Correspondents Members al IsfT||
gtocks Carried on LipeFu -
epocialists In Mountain Sss
and Telegrspu
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
AS to Iron Situation.

How. then. is the difference in the he
hsvior Of the markets to be accounted
torY AS between iron and spelter this
ls simple. In the iron business there
was. and still is, q. surplus OF producing
capacity, which has been utilized as re-
quired. Consequently. the advance in the
iron market has beon orderly and mod
crate. In the spelter business. on the
other hand there WIS no surplus to speak
OF and new capacity has had to be pro-
vidod. This has put the producers under
a severe strain and the market naturally
has advanced to high levef and has
hscn fcYerlsh.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
ACCOUNTS soLIoir
National Bank of the kep

A thoroughly modern srnn.etion ~
rnene conducted IN eon Tor rest
bank. Snfe deposit oo&ss
Depository. ,l.. .1arnes
Frank Knox. presisens Eans. q
ray, vice president; W.. az csshls:.
z. a. Cuiberfeons ssen n6n inssfs
Capital paid in'
an time deposita
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
New Corporation,

Filed With the county clerk:
a, II. Snow Development COMPANY Of
Salt Lake. Capital stock $4,000: shares
$40 each a n. Snow. president; w. II
Caine. vice president; G. L. Snow, secre-
Ia -trea surer.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
LOCAL STOCKS WERE
FIRMER ON FRIDAY

Stocks Friday were a bit firmer. AL
though there was little demand the
part OF the public for anything. The
sales during the day were for o9.S55
shares OF stock. the market value OF
which was S90s0Io. The unlisted divi-
sion was rather active during the day.
The following were tho closing trans
actions:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10

lead ore now for SIX feet WI"
wall exposed. =, the Uniop
The new interests IN ~" the n
haye every confidence "a a. ulb1
and results TO be secuIv ~ the
possIble will be the rho''o
now in charge.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
College Of Physicians and Surgeons

UF
Next S.sIioa o-iobcr /
E1.r4aos requirements thoss o. The Association,
o. MedietI Colleges Clinical facilities unususily
roct Laboratories Esil equipPed. technical traia-
Ing thorough. For catalogue. address WILLIAM
2. LOCKWOOD. DEAN, Calvert ADD srra,oss
sirecls. BaIti3-Tr. W-
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
Ore and Bullion

The ore and bullion report for Fr!day.
given by Mccormick 4 Co. was as fol-
lows: ore received. Sc. 600, bullion
Hhipped. $4,000; total. $50. 600.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
Amazing Increases.

At first glance the marvellous increases
both In production and in consumption
that are Indicated By these figures are
likely 10 be viewed with smazement, but
before seeking for an explanation II is
useful to examine tho statistics OF other
metals In order to discover whether tho
spelter statistics are In or out OF tune
with them.
Assuming that the rate of consumption
during the second half OF 1912 Is going 10
continue at the same rate IN the first
llali and comparing with the consumption
during the twelve months OF 1911, II ap-
pears that iron increased to liz times
the rate Of 1911. copper to III and spell
ter to Lib. These figures are sufficient
ly In harmony to lull any suspicious or
manipulation or sbnormality. however we
may marvel at the extraordinary per-
centage Of Increase. which will be even
greater II industry continues to wax dur
ing the remainder Of 1912.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
Ore Shipments.

rhe Utah ore Sampiiug company on
friday released 5 cars OF ore from Utah
end 1 car cach from Nevada and Colo
Tsdo camps.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
MAKES STUDY OF
ZINC SITUATION
Amazing Increase, Both in
Output and Consumption,
Is Explainable.
NO SURPLUS OF METAL
Producers Forced to Provide
More SmeIter Capacity to
Ease Situation.
NO SURPLUS OF METAL

The Utah zinc producers pho have
been extremely interested In the report
Of the United States geological survey
on the increased production OF TINS
metal during the first half OF the current
wear Will oe equally SO In the following
comment upon this report by the tinsi-
neering and Mining Journal:
rhc report OF the United States geo
logical survey shows n production OF 1885,
fss tons Of spelter during the first semes-
ter Of 1912, against li6,3So in the second
aud i40,les In the first Of 1911. The de-
liveries are estimated at 16a.oie. against
I.SI5T and 13f90
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
Bid. ASKED
Metal Markets.

Tho metal quotations for Friday. post.
cd By Mccormick & Co. were as foliovs.
silver. Gle; lead. Si.Io. copper, 3lT.31b
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
NEW YORK CURB CLOSE.

San Francisco Oil 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, 1912-08-10

Nevadas In San Francisco.
James A. Pollock & Co, bankers and
brokers, furnish the following received
over their private wire yesterday after
noon:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
New York Mining Stocks.

James A. Pollock g. Co., bankers and
brokers, furnish the following. receiv &c
over their private wire yesterday after.
noon:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10

Boston Mining Stocks
James A. Pollock g. Co, bankers and
brokers, furnish the following, received
over their private wire yesterday after
noon.
BOSTON COPPER RANGE
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1912-08-10
Boston Mining Stocks

Totals ..... -,-t11,35o %. 27.131,