davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-05
LITTLE CHANGE is
SHOWN BY MARKET

James A. Pollock &, Co.. bankers and
brokers. furnish the following, received
over their private wire yesterday after
noon:
Paine. Webber & Co.. Boston.-The
condition OF the crops and prospect of
currency legislation are the important
factors In market at present. The big
banking interests are doing nothing ana
prices are practically at q standstill'
Fluctuations are necessary to create spec
ulation and at present level traders are
at loss which position to take The
volume OF trading in the local coppers
was very small with practically no change
in price Reports from the strike in the
lake district are encouraging. and we
think stocks OF the mines affected should
be purchased In anticipation of two or
three point rally II the strike is set
tied.
Logan & Bryan. New York.-Market
was reactionary in the forenoon. but la
ter advanced rather vigorously under the
leadership Of Steel and Copper on short
covering by the professional. element. The
advancing tendencies were stimulated by
the reaction In the coarse grain markets
administration would shortly put forth
a statement defining its attitude with
regard to the Mexican situation.
Foreign advices were rather friendly
early peace among the Balkan states.
Europe did not participate In the trad
Ing to q. marked extent and there was
absent the usual accumulation OF buy
ing orders Incident 10 the beginning OF
the week. when the stock market dur
ing previous sessions had displayed finn
ness. Reports from the floor denoted the
selling on the advances were ra ther good
but even so the market absorbed Of
ferlngs in good fashion and closed at
practically best prices of the day.
We still incline to the view that the
buying side during the weak periods pos
SeSSeS attracts for moderate
though We are disposed to advise against
climbing for stocks on the sharp up
turns.
Gallagher, New York.-The general
market today was practically featureless
OIL stocks were quite active and showed
tendency 10 higher prices The to-
baocos and industrlals were again very
duIl: The Tonopahs were unusually quiet
during the day, but toward close the
higher-priced stocks moved up a frac-
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-05
MAY DAY AFFECTED
BY SPE[TER RISE
Directors VIII Convene Soon
and New Campaign of Pro-
duction Planned.

Upon the return Of John Dern. arrange
ments VIII be made for a meeting OF the
May Day Mining company's directors. az
which the future policy Of the company
will be mapped out more satisfactorily.
The directors, II is understood, will find
that the treasury Is in sufficiently
healthy condition to eliminate any assess
ment requirements. although the com
pany has been limited during recent
months in its ore production.
The May Day is one OF the several
Utah mines which Is benefited by the i'm
proving spelter market, and IT was one
OF the two companies during 1912 which
was elevated from the assessment to the
dividend division by virtue OF the high
range for the metal. There is in the May
Day large tonnage Of zinc ores which
can be marketed at a good profit under
certain market conditions. and II is be-
liered that ono of the conditions Is for
the metal to range from somewhere near
its present notch on up.
1t may be, therefore. that the directors
may authorize the resumption Of zinc ore
shipments, 1t is possible, also, that the
officials will make some definite plans In
regard to sounding the property at better
depth for a continuation OF the ore bodies
on and above the present deepest point
in the mine.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-05
MAJESTIC To SEND
IN LARGE TONNAGE
Copper Market VIII Inspire
Double Output in August
Over July.

An idea OF what the advancing copper
market means to Utah Is had from the
experience Of one company. the Majestic.
which Is mining one OF the largest low
grade deposits OF red metal ore in the
state. General Manager A. D. Moffat
returned from the property in Beaver
county Monday morning. and he said that
ore production in August should be be-
tween thirty-fv and forty car lots. or
double the production of July when
twenty-one cars were sent TO the Salt
Lake smeltcrs. The improved copper
metal market is responsible for this in
crease In output.
When asked rega riding the Hoosier Boy
work in the Star district. Manager Moffat
said that 1t was intended 10 drive 10
wha tever depth will be necessary TO bring
ores to View. This property has pro-
duced considerable amount OF ore In
Its time. some estimates being as high
as 5000 600, and the best depth gained
was leo feet by shaft. This old shaft Is
as crooked as a dogs hind leg" so the
ma ma cement started a new shaft and a
contract for the first 200 feet has been
let and work is now well under way
recent development of Importance
with the Majestic was the development
Of ore on both the $50 and 200 levels in
the Hickory mine. thereby materially In
cressing the ability of the company IN an
way. Majestic affairs are at a
decidedly happy point
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-05
ALASKA GOLD FAR
AHEAD Of SCHEDULE
Big Mill Should Be Handling
Some Ore Before End of
Next Year.
FINE RESULTS OBTAINED
Alexander Level and Sheep
Creek Tunnel Are Nearing
Raise Connection.
FINE RESULTS OBTAINED

That progress being made In developing
the Alaska Gold Mines properties IS sat-
isfactory. that the company is far ahead
OF Its schedule, and that barring any un-
foreseen delays the big mill Will be in
shape TO handle some gold ores before
ihe close OF 1914. was the good news re-
leased yesterday by General Manager D.
e. JackllnS. who has been on one OF his
regular visits OF inspection 10 the mines
in question.
Mr.. Jackling sta ted that the long Sheep
Creek tunnel which il was intended 10
have completed by the middle OF 1914.
will be completed shortly after the first OF
next January should the present progress
be maintained as is anticipated. This
means that this long tunnel. 1000 feet in
length from the portal 10 its connection
with the main vertical shaft, should be
In finished form six months earlier than
lad been thought possible.
In the main shaft. the work or en-
largin- and retimber!ng is finished from
the Alexander level To the surface and
the shaft is in readiness for the app,ica
ton OF the shaft equipment. Within
sixty days the management Will extend
this working from the Alexander TO the
new or Sheep Creek tunnel levels, the
bottom TO be 100 feet vertically from
The surface
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-05
DEEP CREEK HOLDS
BIG COPPER MINES
Pioneer of District Says That
Another Bingham and Ely
Are Hidden There.

Paul Rodenhouse one OF the best
known operators OF Utah. and whose
| twenty or more years OF experience In
mining in the Deep Creek mining camps
OF this state constitutes him one OF the
authorities on that particular section, Is
salt Lake visitor. guest at the Ken
you Mr.. Rodenhouse was asked by
Tribune reporter for a Deep Creek story.
and ne replied that there could be only
one story told and that was to the
effect that the district certainly neeos
better transportation facilities, and until
a railroad is driven into the heart oil
that section conditions will continue as
they now are. unsatisfactory. and IN
spite OF the fact that Deep Creek is
one OF the most generously nineraliSed
parts Of the west.
Mr. Rodenhouse is associated with sew
eral prominent Salt Lake capitalists In
various Deep Creek enterprises. one OF
containing a low grade porphyry copper
deposit which upon proper development.
he believes will be another Bingham or
Ely. Over this property the copper zone
has been shown for 6U0 feet In width.
He said:
1t took big capitalists to bring
about a Bingham and Ely. and 1t
will take big capitalists to develop
great low-grade copper deposits as
they have in Bingham and Ely, and
as we will be certain to have in Deep
Creek are not a poor mans propo-
sition. What we need in all the
Deep Creek district is development
money so that we can get some
depth. There seemingly is mineral
everywhere you dig, but we must
prove that II goes down. I may not
live TO see Il, but you may and you
will find Deep Creek one of the
greatest of the worlds copper camps.
Mr.. Rodenhouse pointed out that the
Deep Creek section was as rich in gold,
lead, silver and other metals as in cop
per, and that all the experts who visit
ed the camp last year, and there were
q great many of them. reported favora
bly,, yet there has been no move made
as yet a result
A contract has been let, he states, by
the Gardner interests OF Salt Lake for
some new shaft work on the Sunshine
property for the purpose OF getting bet
ter depth on the Success vein. This
vein shows In previous shaft work. and
considerable ore has been extracted This
property is a half mile from the Gold
Hill. Mr.. Rodenhouse has gold prop
erty interests in Deep Creek as well as
copper
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-05
ARIZONA BELMONT is
SOLD IN THE EAST

The many Utah friends of W P
O'Meara will be glad 10 learn that ne has
turned another substantial mining DEAL
20 Philadelphia parties Inasmuch as
Frederick Bradshaw. superintendent OF
the Tonopah Belmont company. Will act
In an advisory capacity with the COM
Belmont interests Of Tonopah are the
purchasers Of the Arizona Belmont con-
troll,
Mr., OMeara and associates deserve
double credit for their success with this
Arizona property Not only has 1t been
developed into substantial proportions,
but the work was done throughout the
so-called hard times when the average
man with means will not listen 10 min
Ing DropoSitjon
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-05
BLUE JAY OPENING
UP SATISFACTORILY

Jack Welch. one Of the Mason Valley
field engineers, is Salt Lake visitor
for a day or two. Mr., Welch states that
the Blue Jay property. recent acqui-
sition by the Mason Valley company. is
opening UP very well He pronounces
IT one Of the best prospects one could
desire anywhere. but the company has
not had time as yet TO develop 1t to
the mine stage. The new shaft equip
ment is now ready for the deeper work
planned.
Another recent acquisition by the Ma
son Valley company was the Anderson
property, and copper ore shipments at
the rate OF twenty-five tons daily are
being made at this time, The whole sec
tion tributary 10 the custom smelter Of
the Mason Valley company Is looking
very good, and the smelter Is doing
fine work In stimulating new develop
ment with its active policy of going af-
ter new shippers OF ore with every pos
sible energy.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-05
JOHN F. COWAN HAS
RETURNED FROM ALTA

On his return yesterday from visit
10 the Alta Consolidated property up the
Little Cottonwood canyon, John F Cow
an. who accompanied Director Bernis TO
the property, stated that mine conditions
were such as TO impress him very favor
ably. There has been a great deal OF
work accomplished on this property and
Mr.. Cowan states that 1t is we'll and
honestly done. That is one item that
nrst attracts the average visitor to the
Alta Consolidated, Shipments of good
ore are being made at the rate OF
twenty-five tons daily Mr.. Cowan took
several samples from the varlous vorL-
ings. on which the assayer is now en-
ploye6 VA
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-05
Will Connect Soon.

An interesting item Of developmen mt
work Is the drift on the Alexander level
towards the new tunuel heading, and In
November these two drifts VIII be near
enough together TO admit OF connections
by way OF one of the many development
raises which will be driven. The impor-
tance OF this connection between the
Sheep Creek tunnel and the Alexander
level Is In the fact that during the COM
Ing winter months the management will
be able 10 transport all its supplies Ia this
manner. thereby removing any delays or
difficulties from the deep SHOWS which
would interfere were the old workings 10
be used.
This indicates an interesting phase of
the Alaska proposition. Mr.. Jackllng
says that mary people do not appreci-
ate the fact that the Sheep Creek tun-
nels and transportation system. as well
as the mill and other buildings, are be-
low the snow zone. and year-round oper-
atoms viii be possible without any inter
ference from that source. 1t Is merely
matter of elevation.
X has been expected by the Alaska Of
fcials that two-thirds OF the Salmon
Creek Power dam work would be CON-
pleted before the close OF the present
year. and now the management has rea-
son TO believe that the whole dam can
be finished before the turn OF the season
height and 400 feet long at the top. con-
stituting II when complcted one OF the
big dams OF the western country
The preliminary designs for the vari-
Gus mill buildings are sufficiently we'll
enough in hand TO allow pretty COM
prehensive Idea being drawn as to- their
character and Mr.. Jackllng believes that
undertaken successfully In sixty days
time
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-05
NEVADA HILLS HAS
PAID OFF ALL DEBTS

une that the Nevada Hills directors have
paid OF the last dollar o! the indebt-
edness that hung over from the lnstalla-
ton OF the milling plant TWO or three
years ago. When the Wingiield interests
started the mill into service the COM
pany was In debt $500 900. On the last
OF June the debt was about 100000, and
today the company is In the clear with
balance on the other side OF the led
ger.
A recent development or Importance at
the mine was the finding OF good milling
ore In the Eagle vein 125 feet below the
450-foot level. This find has Just been
made, and it gives promise OF opening
into an extensive source OF first class mill
rock
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-05

Sometimes the symptoms of kidney
and bladder trouble are so plain no one
can mistake them. Backache, weak and
lame back with soreness over the kid
ueys, sharp pains, rheumatism, dull
headache, a-d disturbed sleep, are all
indications of trouble that Foley
Kidney Pills will relieve quickly and
permanently, Try them. Schramm-
Johnson, drugs, '4he Never -Substitu-
tors" Five (5) good stores.
(Advort!sementN
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-05

If you sit in cool draft when YOU
are heated and get stiff neck or lame
pack, you will be looking for something
that Will ease the pain. Fix vour mind
on Ballard's Snow Lininent and don t
be talked out of it because it is the
oest pain relieving liniment you can
get anywhere. Price 25c, SOC and 81 90
per bottle Sold by Schramm ..Iohnson
Drugs, The Never-Suhstitutor - Five
(5) Good Stores. (Advertisement !
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-05
Costly Treatment

was troubled with constipation and
indigestion and spent hundreds OF dol.
lars for medicine and treatment, ;,
writes c; II. Hines of Whitlow, Ark.
l went TO st, Louis hospital, also to
d nosPItaI IN New Orleans, but no cure
was erected On returning home / be
gan taking Chamberlain IS Tablets, and
worked right along. 1 used them for
some time and am now all right - Sold
oy an uedlers- advertisement
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-05
NEVADA WONDER Is
MAKING PROFITS

The Nevada Wonder Mining company
filed It's statement OF bullion produced
for the quarter ending June 80 with
County Assessor J. ". Sitton Monday,
The report shows that the company pro-
duction from It's Wonder property for
three months as being $157. 965 gross, OF
which sum the milling company took
Si3S, s35. 46 as costs of reduction and ex-
traction, upon which bullion tax was
paid In the sum of s34S. 40 The Nevada
Wonder property is thus shown as pro-
duclns an annual gross sum OF $500 O0o-
Fallon Standard
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-05

According TO the last advices received
all OF the Mines companys properties
were still operating. though at two OF
the mines railway communication had
been somewhat interrupted.
Recent development work at the va
rious properties OF Mines Company OF
America has been meeting with good
results. AT the Dolores on the Prieta
tunnel level there has been encountered
an ore body the assays OF which have
returned Sl2.+i. s25:25 and S34.6S. The
average width of this ore is from two
10 four feet. In a crosscut which is
being driven to the west at the mouth
of the main tunnel a body OF sulphide
ore has been encountered which. ac
about 500 per ton. The average width
of this ore Is approximately two feet.
At the FL Rayo mine tunnel is
being driven north and south from the
shaft II is expected that this will have
soon gained point underneath the large
ore bodies In the old Bl Rayo mine. and
in this section some important develop
ments are expected
Al the Creston- Colorado property In
the Colorado mine. between the third
and fourth levels, there is now under
development an ore body from four TO
six feet in width running about So per
level q large amount OF development
work Is being carried on. This has re-
suited In opening a body OF ore aver
aging. eight feet in width and assay
lHS 80 10 30 per ton.
At the La Dura property OF Mines
company. in the Prieta mine on the
lOzO-leVel In an incline known as No.
3. some very. favorable developments
have been taking place and ore aver
aging. from $50 TO 200 ounces in silver
has been encountered. At the Gloria
mine some good ore has been opened
IN the northern portion of the property
on the fifth. seventh eighth and ninth
levels. This ore. although somewhat low
er than that at the Prieta, is of very
good grade ''
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-05
SHOWS GOOD
PROFIT FROM GIROUX

c.,r ror tne quarter ending June 30. the
Ss'9i9 so0n tons @ OF ore. oE total gross value
OF OF $3.50; sis is. The eXtraction costs were
dS'; SdSs dSt;lo; interpolation, s24. 49, 02. and
OF s3l, 80. on which the companS vii
Pay 5000 bullion tax to the county OF
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-05
Butte & Superior.

When asked regarding the Butte g.
Superior mine and mill. MT, Jaclsling said
that there has been enough informat ton
released during recent weeks to keen
shareholders we'll advised. He could say.
however, that the plant is fulfilling every
has been 30 per cent. and sometimes
higher than this. For couple of weeks
The plant was IN some confusion as a re-
suit OF getting the second section linn
be!ed up and OF making tne modification
whereby both sections could be tied to-
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-05
BUSINESS BRISK ON
EXCHANGE MONDAY

There was a decided Improvement In
trading Monday. and the demand for
leading Issues was very encouraging The
Tintic stocks did most OF the trading al
though sales were not wholly confined to
any one district The sales for the day
totaled $1,000 shares OF stock the mar
ket value of which was s335375.
The following were the closing trans
actions.
UNLISTED STOCKS
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-05

FORENOON SALES.
Beck Tunnel, 5000 at &C.
King William, 1000 at SIC.
May Day. 1000 at &c.
Prince Consolidated, 100 at 36ic; 20C
az 36c
Silver King Con, 400 at $40.
Shares sold, 500.
Selling value. si0Sl
OPEN BOARD
Phoebe Demijohn, 1000 at &c.
Silver King Con. 100 al $40
Shares sold. 5000
Selling value. SlS7.50.
AFTERNOON SALES.
Nevada Hills. 200 AT soc.
Ohio Copper, 100 al 59c
Prince Con. 200 at 35ic
Uncle Sam. 1000 at Sc; 20OO al 4c.
Union CHEZ. 500 at lsc.
Wilbert, 500 at &c.
Shares sold 4500
Selling value, $49275
OPEN BOARD.
Crown Point, 1000 at lac.
Iron Blossom. 200 al SI25
King william. 1000 at SIC
May Day. 5000 at 53c; 1000 at SIC.
Nevada Hills. 100 at 90c
United Tintic, y. 600 al &c.
Shares sold, 1880.
Selling value. sl2S2.5 so
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-05
Ore Shipments.

The Utah Ore Sampling company on
Monday released 13 cars Of ore from
Utah and cars from Nevada camps.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-05
Ore and Bullion.

The ore and bullion report for Mon.
day. given by Mccormick * Co. was as
follows: ore received. SOS. 900. bullion
shipped. $4,000. total sl20.0on
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-05
Boston Mining Stocks.

James A. Pollock & 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, 1913-08-05

Nevadas In San Francisco.
James A. Pollock g. 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, 1913-08-05
New York Mining StocL,

James A. Pollock G. Co., bankers and
brokers, furnish the following, received
over their private wire yesterday after
noon,
NEW YORK LISTED STOCKS
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-05
MINES COMPANY OF
AMERICA STATEMENT

The report OF Mines Company of Amer
ca for the three months ended March
j, 1913, shows the following:
Bullion and concentrates pro-
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-05

gether and made to operate in perfect
unison. This condition. however, Inter
fered with handling the proper tonnage
rather than with the metallurg!cal side
OF the plant. Both sections are now op-
Grating and within few days they Will
be doing their best continuous work as
to tonnage, recovery and production
Earnings with the Butte & Superior
company. Mr.. Jackling pointed out. nat
urally depend materially upon the spell
ter market but with spelter where II now
IS the company Is making substantial and
very satisfactory earnings
During his visit to the coast Mr. Jack
ling was made a member of the board OF
directors OF the General Petroleum COM
pany, and n member OF the executive
committee representing some eastern
friends and associates who have invested
in the company, This company is now
producing at the rate Of 400, 900 barrels OF
oil a month. and there has Just been
completed by the company and placed
into operation by It section OF pipe line
over POS miles In length. This pipe sys-
tenn extends from the Midway and neigh
boring fields OF California TO Los Angeles
and san Pedro. with a branch from the
main line 10 Mojave. rhe company is
spiendidly equipped now for service and
the company IS just beginning TO take Its
proper place one OF tho most impor-
.ant oil producers in California
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-08-05
Metal Market.

mo metal quotations FOR Mon1,.
posted by Mccormick & Co. were as foi,
s9~s; s1Heo, Silver, 5asc; lead. $3.50; copper