davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23
SPE[TER IN EUROPE
LOOKS LIKE MENACE
Unusual Stocks Help Destroy
American Confidence in
the Metals Future.

A decidedly peculiar situation exists In
the speltcr markets these days. Coinci-
dent with the realization that there Is a
shortage OF stocks In the United States
and a drastic Gurtailment In production
owing 10 the decreased market value oi
the metal IL the knowledge Of IL consid-
cradle accumulation of spelter abroad
And IL has been pointed out that the Inn
por tatlon of much OF these foreign stocks
should congress wipe out the protective
tariff, would put more metal on the
American market but ii would hardly
help the domestic producer.
The Engineering and Mining Journa
has the following interesting little para
graph on this important subject
The zinc smelters have so reduced
their operations, putting furnaces out
Of commission because they were un-
profitable or TO take advantage OF the
unfavorable situation TO make needed
repairs, that the present production
OF spelter must be at much less rate
than few months ago. Consequent
ly when the largest consumer recent
ly manifested Willingness TO buy
some spelter there was a prompt rally
In the price. 1t does not seem likely,
however, that there can be any
strong appreciation in the market so
long as ii Is likely that the duty
will be reduced to 70 10 10 per cent
ed valorem in the course OF few
months and so long as there is a large
accumulation OF unsold spelter In
Europe. This accumulation seems TO
be growing rather than diminishing.
and until its absorption is we'll under
way 1t viii be q menace to the mar
kets, both European and American
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23
JUNE WAS SMALLER
MONTH FOR TONOPAH

The Tonopah Mining company during
the month of June handled at Its mill
14,567 dry tons OF ore, OF an average value
Of $l4.a6. The bullion produced was
valued at $3.50. 500 while 102 tons OF con-
centrates were valued al S3i 700 The net
crease Of over Ss0Oo when compared with
May.
The principal reason for this decrease
Is the great amount of development work
being done. the company employing eighty
men or more In excess of the number on
the payroll q year ago This new work
Is necessary that the mill may be kept
going indefinitely, and the management Is
exploring some very interesting terri
tory.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23
Sales. H. L. els
REPORT OF ROUND
MOUNTAIN LAW SUIT

President j, r. Davis OF the Rount
Mountain company has Issued the follow.
Ing statement TO shareholders. giving tn,
settlement basis OF the Davidson litiga.
tion and the dividend dates:
This will advise you that on the 18th
day OF this month settlement was
effected OF tho pending litigation be-
tween John F. Davidson and the
Round Mountain Mining company by
which our company paid TO John +.
Davidson and the parties interested
with him the sum OF SIS, 900 and $4,000
shares OF our treasury stock. and Sc
cured from him a release OF all claims
of whatever nature now or at any
time held against this company The
release and satlsfa ction Of the judq-
meDt and all papers referred TO above
have been filed with the court at
Tonopah. New, and with the county
clerk OF Nye county. Nevada.
The directors OF this company at a
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23
BUTTE & SUPERIOR
STRIKES GOOD GAIT
Review Given of Improved
Mill Conditions During
the Current Year.

Despite tho fact that it Is too early TO
give the Butte g. Superior management
much of a chance to tell just how well
the second mlll section is performing It's
share of the concentrating test. 1t is be-
ing considered a bull argument that the
second section is In commission. and II is
thought certain that the second will
prove as satisfactory as the first. The
stock during the past week has been a
striking feature on the eastern markets.
which has been decidedly welcome 10 u
large number OF Utah shareholders
Hayden. Stone &; Co. have the follow
ing interesting discussion of the Butte
6; Superior company in the July is mar
ket letter;
To obtain a proper conception of the
progress that has been made since
the present management came into
control, the 1st OF January, ii is nee
essary TO compare the results that
are being obtained now with those
that were being obtained at that
time
AS against an average monthly
treatment of 1000 tons In 1912 and
OF 1S.400 In January OF this year,
the company treated in June. 1880
The recovery. which had averaged
5777 per cent for 1912, and was 66.77
9o.25 per cent, while the concen-
trates which averaged 1850 per cent
In 1912. and 4e. 36 per cent In Janu-
ary, were in June brought up TO 49.l1
per cent, and recently have been over
80 per cent.
The average monthly production OF
zinc. which in 1912 was 2,543.000
pounds. and 5,l95.o00 pounds in Janu-
ary, had in juno been Increased to
G,7l3,OOo. The recovery and grade
OF product have now been actually
brought up to the highest percentage
ever officially predicted 1t remains
only To put the balance OF the Sec
ond section in commission, for the
company 10 treat 10000 tons and pro-
duce 100000 pounds Of zinc a
month. By the time this letter
reaches our readers this Will undoubt-
edy have been done.
Briefly then, the facts are that the
Butte e. Superior has undoubtedly
one OF the most valuable zinc ore
properties in this country; that it is,
II We are not mistaken, the largest
Individual producer OF zinc and is
making substantial profits today on a
price for spelter that has closed down
many other mines.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23
HALIFAX MINE IS
IN GREAT SHAPE
Body Is One Hundred Forty
Feet Long; Old Belmont
Mill Used.
ORE is BEING SHIPPED
North Star Company Also
Meeting With Fine Re-
suits at Depth.
ORE is BEING SHIPPED

Local stockholders OF the Halifax ant
North Star companies of Tonopah are
keeping closely In touch with conditions
in each mine. both Of which are at the
present time among the biggest iea-
lures OF mining In this great district
The Tonopah Miner gives the followin.
review OF both in its last Saturday is-
sue:
The management OF the Halifax
Tonopah mine has now arranged for
the treatment of its ore, extracted IN
development work 10 be treated al
the old Belmont mill and n car OF
hfty tons was shipped on Wednesday
and other shipments will be made as
dnNeIopmcnt OF the vein nrOgresseS.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23
NEW ERA DAW|V|NC
FOR PRINCE M|NE
Special Meeting Is Called at
Which New Officials VIII
Be Chosen.
KNOX WILL WITHDRAW
Godbe-Hackett Interests VIII
Resume Their Control of
the Company.
KNOX WILL WITHDRAW

s;l1a 1arehoGers OF the Prince Consolidated
company will be gratiflcd TO learn that
the large interests OF the organization
have determined to call them together on
August u. at which realignment Will
be requested at their hands. There has
been a considera BILE amount OF specula-
ton INDUCED locally ever since the
Charles Il. Knox interests failed 10 exer-
else their option on a controlling interest
In the company as 10 the future disposi-
;ion OF control, the Knox people having
had majority OF the directors since the
option was first negotiated. They have
been since, and still are. in complete con-
troll OF the management of the mine and
company Affairs,
II transpres that the Knox and Godbe
interests during the recent visit of Muir
ray e. Godbe TO the coast concluded that,
In fairness TO the shareholders, those
actually owning the stock control should
be given the opportunity TO elect the di-
rectors. and while no Information Is had
as to the personnel of the new board TO
be chosen. II Is taken for granted that
the CiodbeHackett people will again have
the selection Of the majority, II not all. OF
those who will have the responsibility OF
directing the Prince affairs
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23
ALTO CON. NEW ORE
ASSAYS HIGH GRADE

A number OF Alta Consolidated sssavs
were available on Tuesday from The ores
brought To this city on Sunday by G. l.,
Bemis and others. the high grade going
o. ounces silver and o2 per cent lead.
The raise from the east drift shows three
feet OF ore which assays II ounces silver
and per cent copper This raise still
is IN the quartZIte and should show
the objective point. -
The low-Grade ore in the big ore BODY
assays II per cent lead and % ounces
SILVER, The value Of tho Brooklyn stope
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23
MINING CORPORATION
is SUED FOR $487O

Suit to recover s4s7O from the AmaIga
mated PIoche Mines G. Smelter corpora
ton was filed in the district court yester-
day by D. A West West claims 10 hold
notes assigned TO him by Ernest r Wool
ley.
On one action West seeks to recover
$3.50 said 10 have been advanced by
Woolley to defray the orga MIA ton ex-
pense Of the defendant company. On an
other count he asks for s3500. being the
amount Woolley Is said to have paid to-
wards the redemption of a promissory
note for s25. 900 held against the derendan nj
company with Woolleys Endorsement
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23
TINTIC JUST ABOUT
TAKES UP THE TIME

Remove the business in the Tintic is
sues on Tuesday and there would be very
little left, for With but three or four ex-
ceptions on the regular calls Tintic
stocks monopolized about all the atten-
tion. Conditions. however, remain very
dull and unsatisfactory Sales yester-
day were for 1850 shares Of stock. the
market value OF which was S3490.
Alta Consolidated was the feature of
the unlisted stocks. selling for 19 cents
a share Thompson Quincy sold for %
cents and Rico Wellington for 10, 101 and
IL cents a share.
The following were the closing transac-
tions:
UNLISTED STOCKS
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23
UTAH COPPER HAS
INCREASED OUT

During the first six months Of u
Utah Copper company produced :
pounds OF copper IN excess OF %
duction OF the same period in ~
figures being, respectively, 55.6SS12
53, ,30l. .5SS pounds, During the h1
OF 1911 the output measured u
pounds. There is reason 10
therefore, that 1913 will be sais
year from a production sIandpol
increase from month TO month
been steady since January last
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23
LONG SIDE LOOKS
BETTER RIGHT NOW

James A Pollock & Co. bankers and
brokers. furnish the following, received
over their private wire yesterday after
noon
Paine. Webber & Co.. Boston.-Buying
the last few days has done much To i'm
prove the position Of the local coppers,
and they look as though they Were on the
verge OF considerable further advance.
Logan & Bryan. New York.-We feel,
While reactions Will occa sionally occur,
that the course of least resistance Will
be found TO lie, In the absence OF unfore-
seen happenings OF an adverse nature, on
the buying side
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23
COPPER is HIGHER
AND SPOT is SCARCE

According 20 London advices on Tues
dsy. by Wav OF the Pollock wires. the
market is far steadier. and one large
agency whose identity was not given has
raised its offering price on eleCtroytic 10
li5 cents. There is an absence of spot
metal. u is asserted, al the recent sales
for close 10 100. Gao. 400 pounds came very
close TO cleaning M the available metal
at the range then quoted
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23
METAL OUTPUT FR0l
TONOPAH INCREA

During the past week the mlne<
Tonopah district produced 1l,523
ore. the estimated gross value oi
was S27l. $40. which shows q ysFy
factory increase over the preylous
when the output measured 1851 ion
an estimated value OF S224,2I5. l
mine conditions as a rule through
district promise TO maintain the
record that the district is nlaNly
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23
New Resources Opened.

During the week d second raise
was started about thirty-iiv feet
east OF No. / raise, and this also
shows a full face of very good grade
shipping ore. When No. raise
reaches point about forty feet above
the level II will be connected with
No. raise by drifting on the ore
and third raise viii be started east
of this about thirty-five feet. Inas-
much as there are $50 feet OF height
OF the vein between the $50 and 1850
foot levels. the work on the two lev
els has demonstrated the existence
Of a very large tonnage OF very good
grade ore. and every foot Of extern
sion Of the east drift on the I050-foot
level greatly increases this tonnage.
The northeast crosscut from the
South vein TO the Macdonald vein
broke into the drift on the latter ore
body during the past week through
solid body Of trachyte. in which
several stringers OF quartz and good
ore were cut.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23
STOCKS, BONDS.
GRAINS, PROVlSlu'
COTTON.
James A. Pollock K

BANKERS AND BROKEkA,
169 South Main Street (HerNa
Salt Lake City.
Direct Private Wires 10 en -
Duplex System-One Relay 70 No'
and Boston.
Correspondents Members all 10
Stocks Carried on Liberal MargI5.
cialists In Mountain States Is'0r
Telegraph
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23
At the Orpheum

The Orpheum Arch is the @'''
spicuous sign in town-eveTyop'. !.
about it. If your office was Ii !.
las block you could advertise
Orpheum sign,' in the Atlas p'''
you would be easily located
desirable offices in the Atias Wv
for rent reasonably. Apply wv
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23

should be ascertained today. as the as
says were not completed on Tuesday.
Mr., Bems is decidedly enthusiastic
over the present shape OF the Alta Con-
solidated a this time, and the assay re-
turns are all the more convincing In his
estimation that the mana cement is near
ing results OF big proportions.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23

meeting held on the 18th day OF this
month declared d dividend OF cents
per share. payable August % to STOCK
holders of record August 20, notice oil
Which Is herewith inclosed,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23
Condition of Mine.

The Knox interests during their man.
agement OF the company have retimbered
the main shaft, placing II in rst-cla SIS
position FOR handling the large output
while they have placed upon a practical
basis the new mining methods which have
a ttra cted considerable attention In tech
nicaI circles. They likewise have taken
great care In keeping the development
work far ahead OF extraction. so that to-
day the ore tonnage Is practically double
what IL was when they assumed the re-
sponsibility OF directing the company's
affairs. II is stated that the mine is In
the best shape OF its career and that
there are shaping for the company con-
ditons which will place II upon a high
plane Of usefulness.
The directors who likely will retire at
the coming special meeting are Charles
II. Knox, A. Y. Smith and William II.
Webber who were selected when the
Knox people assumed charge several
months ago. Mr.. Knox is willing to give
up his official connection with the COM
pany and has offered to do everything In
his power 10 assist in bringing about the
reorganization officially and the closer re-
lallons between, the shareholders.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23
Thursday a Holiday.

AS Thursday. July "a. is
there will be no business transae'
the local stock exchange.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23
Ore and Bullion.

The ore and bullion report for ~
given by Mccormick & Co., vas
lows: Ore received. sot, ooo,
shipped, S95, total, s336,OOO
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23
Ore Now Developed.

Drifting on the vein on the 1000
foot level is still in progress or fun
face OF good grade ore and from near
the face OF the drift a crosscut has
now been started TO the footwall TO
determine the width OF the ore shoot
and Of the vein at this point.
The ore shoot has now been proved
for length OF over 40 feet and lis
still extending. Raising on the vein
is also in progress in good grade mill
ore. The east crosscut into the hang
ing wall is being extended 10 pros
pect the formation.
On the 400 foot level the east
crosscut. TO pick up the downward
extension of the vein, is out 200 feet
and making rapid progress.
On the l700-foo level the cutting OF
-he station is making good progress.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23
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, 1913-07-23

FORENOON SALES.
Crown Point 1000 at 1sc.
Iron Blossom, 200 at 1925.
Mammoth, SO at 60c.
Ohio Copper so at 66c
Prince Consolidated, 100 at 34c
Silver King Consolidated, 500 at ST.
Shares sold, 100
Selling value, s114s.50
OPEN BOARD.
Iron Blossom. 400 at s1.22s so at s1..5
Tintic Central, 1000 at 1c
Shares sold, II $50.
Selling value s1502,50
AFTERNOON SALES.
P1utus. 1000 at BIC.
Swansea, 1000 al &c,
Wilbert, 100 at 5sc-
Shares sold, 2100
Selling value. s6s.
OPEN BOARD.
Union Chief, 1000 at &c
Shares sold. 1000.
Selling value. $77o.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23
North Star Work.

The Macdonald vein In the North
Star mine still continues to show
very good values on It's eastern
course on the 1850 foot level. II has
now been drifted on eesterly from the
point where il was first encountered
FOR length of about $50 feet without
u break OF fault Of any kind. It's av-
erage width having varied from five
10 nine feet, and the face today shows
a width OF over nine feet of payable
shipping ore. II has now passed the
point where it would have encoun-
tered the cap rock II the Gaping had
extended downward 20 this level and
there is no fear now that this condi-
ton Will be found at this depth in the
mine
In the past ten days the vein has
swung considerably TO the north. and
should IL continue on its present
course IL will have q length of over
900 feet more in North Star ground
before entering the Belmont COM
pany's territory.
The first raise from this easterly
drift is now up more than twenty
feet on q body of very good shipping
ore the full width OF the raise, the
intention of the management being to
rush this raise upward as rapidly as
possible 20 connect with the level
h6Ve
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23
All Interests United.

Any and all differences IN the official
household OF the Prince Consolidated
company that may have existed are, II is
understood. eliminated. and II is the pur-
pose OF those most intimately connected
with the company to unite all interests
that the affairs Of the organization may
be conducted in a manner entirely in
keeping with the splendid opportunities
awaiting it The special meeting in Au-
gust. therefore. will prove TO be 4 love
feast, at which will date the most pros
porous and contented era in the COM
pany's history.
The Prince company. even with the
limited market at It's disposal at the
present time, and in spite OF the metal
market weakness. Is earning from $4,000
TO $4,000 a month. and with the widening
OF the market which 1t will be the ambi-
ton of the management to bring about.
the net profits will increase within a
short time. Production heretofore has
come from the third level and despite
the large tonnage extracted one would
have a difficult time in pointing out just
where IL has come from. The fourth
level is being put into shape for produc-
ton, and the mana cement is now making
for the ore on the ffth level which. In
time, will be called upon for its tonnage.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23
Metal Market.

The metal quotations for ~
posted by Mccormick G. Co. were
lows: Silver. 5s2c; lead, sa.s''
Sl3. 70.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23
Ore Shipments.

The Utah Ore Sampling company on
Tuesday released cars of ore from
Utah, and cars from Nevada camps.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23

Nevadas in San Francisco.
James \. 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, 1913-07-23

The Nevada Douglas company has sent
shareholders the following report OF the
superintendent.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-23

New York Mining Stocks.
James A. Pollock & Co., bankers and
brokers. furnish the following. received
over their private wire yesterday after
noon
NEW YORK LISTED STOCKS.
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1913-07-29
FLAgS BRIGHTEN
STRANGE PEOPLE
Nomads Of Mindoro Desert Bar.
rios When Surveyors Plant
Signals

Deserving the barrios into which they
lave been gathered during the past few
years, the hundreds Of wild Mangyanes,
the little known people who live in the
mountains of Western Mindoro. have
fled TO the businesses of the hills,
alarmed at the WORK being done by
fleet of steam vessels, which was mex.
plieable to them, says the Manila
Times Signal flags of rcd and white,
erected by the coast and geodetic
steamers engaged in the survey Of the
west coast, were the objects which sent
the wild people scurrying back to the
hills, and undid the trying work of in
ducing them to settle in barrios and
give up their nomadic life.
Secretary Worcester has always TIA
/ ken the greatest interest ia the NANCY
anes, and has cndeavored ia every way
to better thelr mode OF lilc. Conserva.
/ ton of the forests of Mindoro was one
of the motives for this interest, the
Mangyanes being addicted, as are
many of the other mountain tribes,
to the making of caingins, or cloarings,
/ the total of the timber destroyed an.
nually in this way amountaing to mil
lions of feet
Armed with bows, arrows and spears,
their arms covered with bead bracelets,
and their turbans decorated with feath.
ers, the Mangyanes nave for centuries
lived the most primitive life Descend
ed from the Moros of the southern is
lands, they have nothing in common
with either the Tagalog races nor yet
with Moros, but have evolved customs
and habits of their own.
Through this efforts of Secretary Wor-
cester, barrios were established near
the coast on the west side of the is
land, and many of the mountaine%s
were induced to settle in them Free
j land, no ced2las, free schools, and a
certain quantity of free rice, were
among the inducements offered, and un-
til the appearance of the coast survey
steamers, and the strange signals erect
ed by them, the experiment seemed
certain of success.
Mangyan agent Adams went among
the tribes upon the ARRIVAL l.of,n tllf
steamers, and endeavoretL TO explain
the worls which was being done, and
to qpiet the fears of the ,Iia3ple He
was faiflS successful as long as the
survey men remained near THE coast
but the climax came when Executive
Officer William j. Hart, with party
OF sailors, assembled mountain of some
1000 feet elevation, a day s march bach
from the Coast, and erected an pim
mehse signal of red and white, for usf
in the naturalization SURVEY
This 'etctoaclment into their oloKet
Mountains Convinced the Mangyane'
that 1t was the intention of the whites
to occupy their forests and hills ant
the barrios were deserted in "a day.