davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-18
CHINA AND WORLDS
MARKET FOR SILVER
Just What Process Republic
Will Adopt to Get Metal
Is Uncertain.

The comparatively high range oi sill.
yer during The past week or two has
come az an opporiuue time, for the Utah
producer last week was receiving Is
cents less per 100 pounds for his lead
ores. and Utah lead ores are highly
argentferous. The high range oy silver
has been attributed 70 tho buying OF
China. In this connection the following
extract from the market circular OF
Samuel Montssu & Co. OF London viii
be OF interest.
Silver continues 20 be shipped In
fairly substantial quantities 10 Rus
sia, British silver coin is st!!l be-
Ing transferred 20 tho west coast OF
Africa; 100000 left on the %. ultimo,
for Lagos by the steamship Mend!.
Information was received by the
last Indian mall that a report Was
circulating IN Bombay that the
Home authorities were consulting
with the government OF India as TO
en- entire abolition OF the duty on
silver. We give this information for
what u - worth.
II IS stated that the stocks % sil-
yer az Bombay had fallen In value from
improved from 100 10 2l5 bars daily.
Shanghai reports an increase In the val
Ne of It's stock from ct.95o.oo0 70
Pixicy & Abelrs market circular says
IN part:
That further purchases Of silver
Will be made on China account VIII
not be disputed. but. seeing that she
has already ample stocks, II seems
probable that most OF the buying
viii be confined 20 forward delivery,
and that we therefore cannot look
10 her 20 materially reduce the enor-
nous stocks. amounting 10 E2,Ioo.-
coo. now held I'm London. II must be
remembered. too, that. although tho
agreement is signed, IL is improbable
that the loan Will be issued until the
Balkan difficulties are amicnbly ar
ranged. Even when the Issue is
made the amount OF silver required
s. matter OF conjecture and tho
period over which the purchases arc
spread may be an extended one.
With n good oItake In Bombay,
stocks there are reduced TO Gl.o00,-
0O0 but whether they Will be re-
plenlshed by fresh purchases In Lon
don or by a transfer OF some OF tho
silver held here remains 10 be seen.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-18
YANKEE MINE HAS
SPLENDID CHANCES
Two Separate Parts OF Mine
at Depth Are in Shape
for Results.

General Manager p. y. Lehman OF the
Yankee Consolidated company has TO-
turned from a three days visit 20 the
property. bringing With him some sam
Pies Of ore now being found AZ depth IN
the mine and with sOme decidedly inter
esting details of operations. II r. gem
orally appreciated that the Yankee IS do
Ing some OF the best deep work in Tin
TIC ard there are two points that arc
looking especially significant on parallel
Zones. one being between tho 1900 and
1900 levels. the other bv way OF the 2oOo-
foot level. tho two points being several
hundred feet apart.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-18
Average Of Ore.

or the tonnage produced during the
quarter. - per cent was obtained
rom development work. So per cent
from active Slopes. and 81 per cent
from drawing OF reserve ore already
broken In slopes Tho average daiIy
tonnage FOR the quarter was $3.50
IONS; Increasing from 5454 in January
grade OF the ore was .7s9 per cent
copper, as compared with i67S7 per
cent Tor the last quarter OF 1872
The gradual increase In The grade of
the ore is due 10 the fact that min
preaching those portions OF the mine
where the grade is nearer the av-
erase FOR the property. and TO a CORE
spondlng reduction OF the tonnage
oolained from outlying low-grade
portions OF tho ore body which had
20 be mined before the deeper and
reached.
The production of the hlGher-grade
ore from the No; shaft commenced
aoout 100 tons per day by the end
OF the quarter. The work accom-
pishcd here during the quarter was
preparatory In opening up the Slopes
TOT larger production, For this
reason, the output from this shaft
only amounted TO ] Der cent OF the
TOTAL tonnage. and the influence OF
this higher grade OF ore was not re-
nected IN our operating results 10 the
extent that II VIII be In the future.
Ihe average mill recovery for tho
quarter Was Sc. 205 per cent The to-
tal production OF concentrates for the
quarter was 35.S6a tons. containing
an average OF 1926 per cent copper,
ana corresponding 10 n ratio OF con-
centration OF 1886 tons Of ore into ono
OF concentrates. The average cost
per pound OF net copper produced
rom tho quarter, after allowing FOR
smelter losses and after applying
the dividends from the Ray q ella
valley railroad as 4 credit TO costs.
was e50s6 cents This includes Mi
opera ting and general chnrgcs, as well
as l2l cents per ton Of ore treated
which is applied TO the retirement or
mine development costs This latter
charge IS equal 10 56i3 cents per
pound on the net copper production
for the period
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-18
REVIEW Of COPPER
BY JOHN D. RYAN
President of Amalgamated Is
Optimistic Over the Red
Metal Outlook.

The report OF President John q. Ryar
of the Analgamated Copper compan,
viii be OF especial interest locally. ov.
ing 20 tho new investments made durinl
the year. among which were subs,sntia
interests IN the Inspiration Copper com.
pany. Mr. Ryan says IN part:
The Improvement IN the metal
market mentioned in our report OF
last year continued until well toward
The close OF the year and the average
price received was In excess OF that
for any ycaE since 1907. There was a
very active business during the nrst
half OF the year and accumulated
stocks OF the metal were all sold out
In that period. In addition orders
We're booked calling !or The delivery
of almost the entire output OF the re-
hncries 10 the end Of Septnmber
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-18
Power From 0nlai.

NJ Jers ard .s.x.,..
applied for a fraseA.. -
favorable action o. -
NJ pn otically any -.
,HApSnsion ;, VIII q ss,,',.
IN onier 20 ma F. ~..
~ Sle &c extensive povsr 49,
pSly demand. 4, "a -.
oi tne sources Of ,os,, !.
Eaiiizslon viii be tssS
ne mel a, az Park city. pis,,i-|
OF which are nov uss.,S q.
Engineers win ssrs -
,he survey O, a - ~
TO e make couneciloss 80
rover companys Hr. ~
tenwood canyon. W., 49,
merry was Owned by 49,
soiidatsd company t,I,H|
20 a point within Ave -
AZ me presen, TIM.
Whlle many Of n, l.,s..
INC new enterprise A., II
tor publication. il q -,
slye additions 10 h. s,,
OF power now oErss ~
are being and VII hs
source ot power noy -
primarily IL from tss ur--
Was1tch raugs vi,h -
70 he Big ana LinA =.
yons and other pQlna -.
Park CITY cain,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-18

FORENOON SALES
Rex Turuel fnrd az Sc
Nav Dav. go az lie
Cpohorro. 1000 a. sic
Ssvca Trourh- 1900 AZ &C.
Slivs- King Consni,in,et. Ir1 az 8 rs
go AZ q fTi. 100 az 81 q
T1r-t> Central fro1 ~ g.
Wtihert. 800 80 e
OPEN BOARD
crovn Point. ictf a, -Ir
orohouE 20. So AZ g
Prince Corzc'ifa-ed -re n a..
Silver King CorsoiifRtef. u6 AZ 81 .s-S
TOTALS
Regular 1870 shares fs- tsssT s..
Oprn- 1919 shares for f1fEf.TE
Total =, leo shares for sssz..g
WEEKS TOTALS
ibJtfs shares tgr i1ss sls .ss
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-18
Balkan War Factor.

A fair trade with consumers was
done until October, when tho break
ing out OF the Balkan war caused
European manufacturers TO cease
buying almost entirely They con-
tlnucd until the end OF the year 10
work W metal on hand and In the
Warehouse, reducing the visible
stocka IN Europe 10 about 35, 900 long
tons-a very small stock for Europe
10 carry considering that our cx-
ports during the year and for the
Two years previous averaged about
Ten times that amount. Stocks in
the United States and Europe de-
creased In the year 1912 over 90, coo
tons, and consumption. both here and
abroad, was the largest in history.
The Increase In production was not
as great as expected, and WAS no
more than required TO maintain the
equilibrium between production and
consumption.
Early In 1918 sharp concessions
were made IN the prices ruling In the
latter half OF 1912. From the Ist OF
January TO tho date or this report
your selling agency has sold over six
months production OF the mines We
believe the worlds consumption OF
the metal 10 be fully equal To the
present production. and as there Is
no large new production In sight that
can come on tho market for several
years az least. we feel that the metal
market is IN sound and healthy
condition and look for satisfactory
earnings Tor somo time 20 come
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-18
KING CON. FALLING
BACK MARKETWISE

A further recession WAS experienced
Saturday by the King Consolidated stock,
the closing sales being az s1.e7i a share
A recession was logical. for market condi-
ions are narrow and profit tnkinE can
only be expected 10 some extent where
proposition appreciates 100 per cent
within weeks time.
The market otherwise yesterday was
ltuc altered. There were sales for %.
100 shares OF stock the market value Of
which was SSs6225. This brought the
weeks business 10 l57. IGs shares Of stock.
the market value Of which was SI5. .s25.ss
The following were the closing transac-
tlous:
UNLISTED STOCRS
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-18
Is Strong Factor.

The Development o, a.
power facilities o. IA, rssI
feature OF the prssg., \,
states history. apt -, {
the citizens gensnly -
10 be served hAve a. =
knowing that wi,lha u - .
arc 10 have all ,hs ln<tI
Interests In actual oesD.11(
only mean reasomhs rra ?
service, The mines q, ~
generally are d,scarcinf e,
equipment for slec,1zl -
new and mcdtrn on15D I.
coming IN. Actual Al -
ton In the fgralihag Z Z.
VIII De hailed with gsssanI
all The enterprife. t-,,.a \
conditions
The available kYtfo-tls1@ 1
cilities o' Utah A;s c.'f =
present time 10 4 fpd31f|
mum. ard the ETosh { Il
from now on Is ausfn
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-18
UTAH IS l}I
Of Nlll
Strong Capital a.
Develop Eal.,
Ws,a'sA s.
ENGINEERS M
Mining Camp. 81
Have Bsa,s, 1
c0npetss

Its, II Is lsatn.a Ia, ;, q.
enterprise In,, Is being .'.'.
zen, seus and assoc.a,,, !,
ri winch with the .s,..|
nyaTo- =. electric riss,,
~ili WI, be eFouss, iu,s -.
WIN WI The least eelay. 49,
Tor points IN Ire Man,.
tai''a 'o'norrov ~!is,
LOT the pu-po,. q, 49,
mary surveys and b-,ss~
,'oa with 8 view = -.
paisn of harnssrssr -,
.e!'hs the power u -,
towns and nlaias -
'adius Of IN, u,T -
activity N-[1I
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-18
UTAH COPPER MAKES
GOOD APRIL GAIN

The April copper production OF the
Ivan Copper company is given as 9
s5s,s9f pounds, showing that tho com
pany Is returning 10 something like IFS
normal stride following tho strike OF last
tall The monthly average OF the COM
year was 1851. .fs9 pounds, and tho eest
osllsIes thnt the May production will be
100000 pounds or more IN excess OF
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-18
New Investments,

The Anaconda Copper Mining com
pany earned In tho year 1919 on
normal production from It's mines
about twice the not amount earned
IN lsll, and added 10 its surplus So
190.0Si and increased It's dividend TO
the rate OF 50 per share. or IL per
cent on It's capital stock. II was con-
sidered reasonable and safe by your
directors 10 Increase the dividend Of
your company 20 tho rate OF per
cent per annum at the October
declaration
The change IN Investments OF your
company OF s3.s57.l6l is accounted
Tor oY the purchase during the period
covered in this report OF 80 600
anares OF stock OF the Inspiration
consolidated Copper company. ST.
OeD.o 900 par value OF bonds of'the
Butte, Anaconda & Pacific Railway
company and other small invest
mcnts. all OF which were paid in
ash - "
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-18

ton of the additional crushing ma
chirery a. the No. shaft
During tho quarter The seventh
ssctiou % rhe min was corrplH,sd
arf for 'he las, two month. All
'"T"u se0tiors have been IN opsrR-
tlou Tire work OF ro-nclssinr -.
'iEfth section was carried on -iovy
lN. Nlt on account % the rapidly "a
creafing tornaE. from the min. ,NIa
section VII - finished during The
coming rusrter Respectfully.
SHERWOOD ALDRrCH
President
AhnaEirE Director.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-18
STOCKS. BONDS,
GRAINS. PROVISIONS,
COTTON.
James A. Pollock & Co.

BANKERS AND BRoKEaa
80 south kain Street 1a.-AId Blart
salt Lake CITY.
Direct Private Wires ~ Al Mark.t.
Dgpisr systsm-Oas Relay - Ssw Iorl
anA Boston
Corrvspontsr.s Msnes-p all Errhans..
steSks Carries oa 1esrA AarEina See
s1siists In uoanIaia sLAIes Te.sDSsos a
Tsisgraph-
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-18
Zinc Ore Tonnage.

Asked IN regard 70 the zinc ore OF the
property, Mr.. Lehman said that, apart
from tho low market price for spcitsr.
the Yankee for years has not been I'm n
better position 10 make money on its zinc
resources, and even with the price OF
speltcr az rs existing modest range the
Yankee - earning enough TO meet it's de-
velopment and operating expenses.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-18
Cost Of Production.

The average mining cost r1r The
quarter. Including an nref and GEN
erl charge. but exclusive u ,hs
feguhr charge FOR The sxtiuEulsa-
men; of mine development account
Was = cents Ter ton The milling
cost WAS is.fIs cents per ton Both
of these costs show slight Increases
due entirely 10 an incrraFe of the re-
serve set aside FOR taxes on account
% thn proposed Increase "a tho as
sstEmcut os mines throughout the
state Of Arizona
The operation of our mining f,-r-
TEN continues 90 De entirely Fa'fs-
factory. nni there has hser no frou-
BE IN crushing the Pillar ard OBJ
ta!nirx from 81 20 % pr cen; ~ -.
copper contained IN several areas
frpm which ore has been completely
removed All surface improvements
az The mine are practically cotlplefn.
NTH TIE exception % a small suaOunt
OF rort nscsszsrv 20 rri-h installa-
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-18
Financial Results.

The financial results OF operations
Tor the quarter are as follows tha
dlsoursed earnings OF the Raw q ella
valley railroad being included as OPP
Grating profits:
Operating profit for quar-
Miscellaneous income. rem
tails, etc. .......... S.75i II
Total net PROFIT for the
These earnings arc based upon
price OF l5.lSl5 cents per pound for
copper. The total amount OF copper
on hand and IN transit (sold aud
unsoldl AZ the end Of the quarter
was l1.Sso.i62 pounds. inventorlef nj
an average value OF iGs53s cents per
pound. normal quantity OF unsold
IL carried at II. cents per pound. The
average carrying price Of all unrold
being 1907 cents. At the end OF the
quarter there was no unsold copper
dus Tor delivery from the reAner.es.
Inc development work under
ground az the mines for the quarter
amounted 20 eI.65T feet. be!E a re-
cuctipn OF about $500 feet az COM
pared % the previous quarter. This
is owing 10 the fact that our dev~I-
opmcnt at the No. I shat, IS well
ahead % the stOpirE operations. and,
Ss spon aa Ike condition prevails
NJ no iHore VIII be a pr0uortiou-
ate reduction In the amount - d.-
Nclopmcnt work there TIE total de-
Neiopmcut work % date amounts >,
$4,000 feet. OF this 1s tq5 feet vrrr
oblteratsd IN the process os mining
operations previous 20 this quarter.
and lf.I5T feet during the quarter.
for'y-two and onc-hal' miles. nov
omen.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-18
New York Mining Stocks

James A. Pollock & Co. bankers and
brokers. furnish the following. received
over their private wire yesterday after
NEW YORK LISTED STOCKS
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-18
Boston Mining Stocks.

James A. Pollock & Co, bankers and
brokers. furnish the following received
over thelr private Wire yesterday after
BOSTON COPPER RANGE
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-18
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, 1913-05-18
Ore Shipments.

Tue Utah ore Samp'irE company on
5a aturiny rciczrr6 ca-r % or- FINN
Ia . froru Nevada suf I car fro1
colera3 so caugs
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-18
Park 0ty Orc Shipments.
Ore and Bullion

Tn ore and bullion rnpoT; for satur-
DAY. posted hy Mccormick q Co. was IS
follows ore received. so, 600: bullion
shirfc8. i6o.f1o. total iic'. 600.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-18

Average monthly produc-
ton for the year 1872 ,aSs iSt
Tne total dry tons mllled during
INC quarter was 537. 2o5. as compared
WIN fsO,l8 for the fourth quarter
OF l'ls. or this quarters tonnage
% per cent was produced from terri.
tory tributary 20 tho No. ] shaft. 81
per cent from that tributary 10 tho
10 = and per cent tributary TO
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-18
|, SPECIAL MgErSlnu

\ SPECIAL NgETING0
holders OF ire Ctrk -
Co. VIII be held a, tks =
a25 Kearns hulltlag =
ottb. az : o'oloek p
OF n board Of tlnecis,i lg
n action o, sgch o,hsf -
properly come hsfcfs -
(slgne0 JOHN ". -
Attest: H. L. c1rniF
Salt lake CITY. NtJ ~.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-18

Poor appetite Is \ sure sEa OF i'm.
raiTcd digestion. A few doses o. Cham
hsflain . stomach and Liver Tablets
will stror rgther your diresiioH ahd in.
beer benefited bv taxing these Tablets
sold ~ all dealers Advertisement
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-18
Mffal MaYket

The metal quotations ,or Saturday
Erstsd b. Mccormick a Co. vere as 20.
lous. silver. s04c. lead. ft1S: copper
gil@-i
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-05-18
RAY CON. CLOSES
A GOOD QUARTER
Average Copper Output and
Earnings Show Increase in
Last Report.
OUTPUT COSTS LOW
Eighth Section Needed as
Mine Can Supply the Bet
ter Tonnage.
OUTPUT COSTS LOW

Copies OF the arst quarterly report 20,
1918 Of tho Ray Consolidated company
has been received by western stockhold
ers and a perusal OF tho - me shows
That this was the most satisfactory period
so far experienced by the company. This
report follows IN FUN:
We present herewith statement
showing the results os your com
pany's operations for the nrst quar-
ter Of the calendar fiscal year 1918.
The total production OF copper con-
tained In the concentrates for the
quarter, and a compa rison ~ IN. pro-
dncuon with the last quarter OF 1912
IS SHOWN In pounds as follows:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-06-01
TRAINMEN TO MEET
EVERY THREE YEARS
Convention Revives Proposition Re-
jected Several Days Ago and
il Carries.

SAN FRANCISCO, May 31.-Conven-
tions of the Brotherhood Of Railway
Trainmen hereafter will be hold trien.
nially instend Of every two years, as
has been the custom. This decision was
made by the organization late today.
The proposition to lengthen the per-
iods between conventions to three years
was rejected several days ago: but the
issue was revived this afternoon and
finally carried by vote of three to one.
A special committee appointed to con-
slider the question had reported that tri-
ennial meetings would mean hugo saw
ing TO the brotherhood. It also was
pointed out that the three affiliated or
gauizations, the Order of Railway Con-
ductors, Brotherhood OF Locomotive En-
gineers and Brotherhood Of Locomotive
Firemen all hold their conventions tri.
eunially.
The remaining sections Of the consti-
tuition were considered today and the
committee $ report adopted as was the
report Of the committee on general
rules
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-06-01
AND JOHNSON
GET ASSIGNMENTS
SpecIal to The Tribune.

Special to The Tribune.
WASHINGTON, May u.--Minority
house committee assignments were COM
pleted today, Representative Howell will
be ranking Republican on mines en6 min
Ing and have place on agricuIttNe: Rep
resentative Johnson gets places ontrriga-
tIon. mileage and public lands; ReHcsen-
tative French OF Idaho will be the Ank-
ing Republican on elections No. and
have a place on public lands; Represtn-
tative Smith Of Idaho gets places on alce-
hollc liquor traffic, industrial exposition
and irrigation; Representative MondelI O!
Wyoming Will be ranking Republican or
expenditures In the interior department
and have a place on appropriations.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-06-01
Eight Democrats Seem to
Have Already Secured a
Firm Hold on Places at
the Pie Counter.
COMMITTEE HAS HELD
MANY DELIBERATIONS
Invited and Uninvited Advis.
ers Voice Sentiments on
Question of Division
of Spoils.

Marshal, $500, Aquila Nebeker,
Rich county.
Attorney, $4,000. w. w. Ray, Salt
Lake.
Register land office, $500 and fees
(maximum $4,000, s. L. Page,
Piute.
Receiver land office, $500 and
fees tmaximum $4,000, D. S. Cook,
Weber.
Surveyor general, $4,000, I. g.
Thoreson, Salt Lake
Surveyor of customs, $500, Ben
jamin Roberts, Salt Lake.
Assayer, s25oO, Heber Jex, Utah.
Postmaster, Salt Lake, $4,000, No
BILE Warrum.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-06-01
FRIEDMANN CLAIMS
WORK HERE A SUCCESS
[,y In,ernationaI ,ews Service.

By Interna tional Nws Service
NEW YORK, May 3l.-Dr. FIiede-
rich Franz Fridmann, after closing
his sanitarium 1 obedience to the or
der of the boaI of health, announced
today that he gould return to Berlin
as soon as possible.
81 will conolete my work here in
n short time, he said. 'Then I will
return to Benin, where I have many
cases demandig attention. l feel that
NV treatment here have been success
full. Why, ten, should I remain js
America lonerY'
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-06-01
Briber Sentenced.

BISMARCK. n. D., May 3i.-BenJam min
]. Ness Of ST. Paul. recently convicted In
the district court of having attempted TO
brIbe two members OF the North Dakota
legislature. was today sentenced 10 pay
q fine OF $500. or to serve thirty days In
the county jail. The jury recommended
to the court that extreme leniency be
shown to Ness