davidaulloa/AmericanStories huggingface dataset:
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-05-27

Our prompt and efficient services
cost you no more than service less
good. PARROT Optical Co., real Opt
clans. That's all.
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-05-27

Il you want to tell the people what
you have. try q want ad.
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-05-27

Read the Times Want Ads, they will
bring you results
The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1913-05-27
NOT MUCH OF A BUSINESS MAN

II you borrow money on good secur.
lV and don't get 1t from HENRY ].
WALL.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-13
MICHIGAN IS
SHIPPING REGULARLY
Branch Road to Wasatch Will
Be Completed at Early
Date.

The branch line which is being built
between Sandy and Wasatch, which will
be feeder TO the Denver & Rio
Grande from the Alta district, will be
completed within the next three or
four days, according TO q statement
made yesterday by n, C. Hair, manag
ing director of the Michigan Utah Con-
solldated Mining company.
Mr.. Hair states that his company now
plans TO extend its tramway TO the
railroad terminal at Wasatch, a dis.
tance Of three and half miles. The
tramway is now four and half miles
long. the lower terminal being in what
is known as Taylor's Flats. The com
pany Is shipping an average of two
cars 3 week, the ore ranging from S25
TO S35 ton. Returns on one lot of
forty tons shipped Saturday show
metal content Of $l.30 gold. $3.50 sill
yer, S3.54 lead and 1888 copper, max
ing Il gross yield of S3I06 ton The
treatment cost was only 1886 a ton,
the shipment netting the company
$3.50 a ton.
The low cost Of treatment, as en-
Phasized by Mr.. Hair, is indicative OF
the fluxing value OF the Michigan Utah
ore TO the smelter; whereas, in the old
days, tho penalty for copper in the ore
was so heavy that it made the shipping
of the orc prohibitive; which fact, ac-
cording to Mr.. Hair, was responsible
for the many lean years in the history
of the Alta camp
Fourteen men are now working on
leases in the old workings of the prop
erty, from which regular shipments are
being. made. The company has a crow
of fifteen mon employed, the greater
number being underground, Mr.. Hair
is optimistic over the outlook for the
Michipan Utah and the district in ppn-
eral, With the extension of the rail
road, the general Improvement in ore
values and the desirabihty of the ore
to the smelter, he says, the future Of
the camp is not now problematical, but
merely matter of renewed activity
which is sure to follow the Improvement
in transportation facilities,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-13
Rules Sometimes Evaded.

Sometimes the rules arc cyaded
or violated
Well Is the remedy for such vjo-
la,ionS the destruction OF all rules?
IL the absence OF an exchange no
man could know tho sale value Of
value OF the stock he wished TO buy.
or the loan value OF stock offered TO
him az security: there would be no
fixed rate Of commissions. casual
agents could charge what they chose
and deal In the dark: settlements
could not be enforced: there would
be no certihcatlon OF mine descrip-
tions or mine reports: mine owners
would not know where 10 seek capital
nor would investors know where 10
procure mines: the hazards and un-
certalnties OF mining would be null
tplied: the safeguards broken down
and there would be no longer a nu-
cleus about which TO rally In times
OF stress.
trading IN mining shares will not and
cannot be abolished. The only real
question is: Shall the trading be
done in Salt Lake City or else
Where?" Would IL contribute TO the
pride or the profit OF our clty 10
look 10 san Francisco. Denver, or
New YORK for quotations on all
Tinuc. Park City and Bingham
mines? Could We hope TO retain the
business offices and trade OF the min
ing companies IL the trading In our
securities we're centralized else
where?
Let every man who reads answer
these questions FOR himself Let him
ask himself ~ he could do more busj
ness. end more work or draw mora
pay after Salt Lake ceased 10 be the
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-13
place for intermountaln min

market place for intermountaln min
ing securities.
Do you believe in mining? Do you
believe that the mines OF Utah should
be advertised and heralded TO the
world? Do you believe that the pros
pector should have capital to develop
his holdings? Unless you are willing
10 do the advertising and promotion
yourself, do not cast g. stone at the
little band OF brokers who, at their
own expense, are tanning the en-
bers OF once -lourshing commerce..
Do you find fault with the exchange
because traders sometimes sell stocks
they do not own. in anttcipa ton OF
decline? Don't you know that the
inflated prices, which have caused
practically all the losses In mining,
would not have been reached II there
had been more short selling and that
without the short selling the
losses would have been much
heavier? Can you call to mind a
business that does not deal In fu-
lures? The publisher sells some
thing he has not when he takes
subscription In advance: the farmer
when he contracts his beets year
ahead the contractor when he agrees
To build a house. All of these per-
sons speculate on the probability that
they VIII be able To deliver the goods
for less than il costs to produce them
exactly as the short trader In min
ing shares counts on his ability TO
get the shares later Tor less than the
YNr,, li,tcr prir
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-13
COPPERS STRONGER
IN EASTERN MARKET

Reports sent out from New York and
Boston yesterday indicate q stronger Do
siuon Tor copper shares. with slight I'm
proveHent In steel. Otherwise. tho mark
In the way Of encouragement for the In
vesting public. The following reports
were supplied By James A. Pollock & Co
investment brokers. at i6e South Main
street. having been received over their
private wires yesterday afternoon.
From Logan e Bryan. New york
Hardening tendency was quite nTo-
nounccd in the stocks market and shorts
retTsated rapidly In the fnce OF limited
offerings. The betternent recorded dur
ing tho past ,ew sessions apparently has
not been predicated on much other than
an oversold condition. though efforts vsrs
made 10 construe the Mexican diyidsnd
pass as being somewhat moro tayora HE
Despite the fact that copper metal wa
weak In London tho coppsrs here wara
further readtustment in iron and steel
prices r. eaid to be CONTEMPLATED steei
stocks shared In tho rising tendency
Trading IN the stock market has bean
Dominated for quito a while by the pro-
fessioral element and now thar there 4.
a disposition TO cover ahorts. ~ is not
unlikely that prices win rally further
out taken as n whole the AItuation doe.
not seem 10 offer much encourn Rer1ent
10 those entertaining oullish hopes and
taken Of strength 20 reduce long Uns.
From tho Gallagher Curb Letter, New
4 iorh-irregularity was the kevno,s
tnronshout the list and price changes
we're OF little moment and OF no slRnIo
eance. Tho public seems 20 Do hoidin9
off and the trading element hesitsfs -
lake position on either side Tho oil
stocks were fairly well supporie Cd. indus
tr1als we've rather heavy and among min.
Ing Issues free offerings were noted in
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-13
EXCHANGE ISSUES
PUBLIC STATEMENT
Shows Methods of Brokers in
Transacting Business on
Market.
APPEALS TO INVESTORS
Asks Support of Community
to Garry on Work Of Lo-
cal Institution.
APPEALS TO INVESTORS

Salt Lake as a mining center and a
the actual hub of the mining industr.
is expressed by Richard j. Evans, pre-:
ident of the Salt Lake stock and mir
ing exchange in statement issued a
the request OF the board of governor.
The statement covers the various phase
OF mining transactions, and is as foI
lows:
Does Salt Lake City need It's stock
and mining exchange
Three thousand years ago Tyre was
the richest city Of the world 1t WAS
the market place In which the prod
ucts OF the world were bought and
sold. The richest cities OF the mod
ern world are those In which the
most trading is done. The biggest
markets are those to which the trad
ers come with squares of paper, one
OF which may represent more riches
than the entire cargo OF an ancient
caravan.
Wealth gathers TO the market cit
les 3 steel filings gather on a mag
net. Markets WELD power and COM
msnd the resources OF vast areas.
Commercial supremacy follows the
trader. Salt Lake is the Tyre OF the
lnteirnountaln west by reason OF Its
'idI net laclltieS. without tnoSe IA
cllitles IL would be a punctured Tyre.
SO long as the Salt Lake market fixes
prices on the shares OF adjacent min
Ing properties the miners OF Utah.
Idaho and Nevada will come TO Salt
Lake to finance their enterprises. buy
their supplies. employ their labor and
establish their homes. Here the
miners will meet the capitalists from
east and west With money for invest
ment, looking for mines and, Incl
dentally, for land business locations
and a place OF residence.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-13
Ely Consolidated. Nevada Hills. ConsoII-
ha I'd Conper and Mn anr Nalle,.

Ely Consolidated. Nevada Hills, ConeolI-
dated Copper and Mason Valley
From the Boston News Bureau-ChIno
quarter ended September 30. showing a
net profit Of $s94;S90. against s7i5,76s for
previous quarter. Utah Copper quarter
OF $2,20o.39s, decrease OF s72O.07l
These earnings are computed on a ba sis
Of 10 cents per pound for copper at close
OF quarter: About go million pounds OF
copper Will be needed for proposed eIec.
trifcation OF Pacific coast extension Of
the st Paul road. y 50-ton lot OF electro
copper was offered by New York dealer
at lba cents without finding a ready
buyer. New York producers have On bic
advlces today indicating America n
Smelling has broken away through a re-
ducuon In price to between los cents 10
Is cents pound abroad
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-13
Brokers Are Agents.

The brokers are the agents OF the
Understanding more. They sub
scribe to the rules OF the exchange
formuatej To protect sellers and
buyers from deception. insolvency and
fra ud-proyidc room In which the
trading is done and. for small fees.
find buyers for those who wish TO sell
and sellers FOR those who wish to buy.
They cannot keep prices down be-
cause public demand is greater
power than the combined financial
strength OF all the brokers multiplied
by hundreds. They cannot keep prices
up because they lack tho purchasing
power 10 buy the stock the public
may choose to offer. The broker
must abide by the price he names on
the exchange. Fictitious sales are
forbidden BY the rules and punished
by severe penalties. Sales may be
traced so that no client need pay
more for his stock than IL costs the
broker.
The broker must pay for the stock
nc buys and deliver the stock ne sells
or be thrust out OF the exchange. n
bankrupt. His personal responsibility
must be high. His penCied initials
are the only memorandum OF trans
actions mounting to Millions yet dis
puteS arc OF rare occurrence.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-13
The Stock Exchange.

II you are one OF those who speak
thoughtlessly of the mining exchange
as detriment to mining. pause 81
moment and consider what the eX-
change is. The stock market is a
meetinS-poiut. An exchange is or
ganized. primarily To provide a place
in which stock sellers and stock buy
crS may come face 10 face and do
their bargaining. II Is fair because
II gives equal facilities to rich and
poor and ables the poor to pa rticI-
pate on the same terms as the rich
In the profits OF mining II is demo-
cratic because II gives the public the
power 10 make and unmake prices
Did YOU think the brokers made
prices?
How could few dozen men, the
richest Of them worth less than n
hundred thousand. Influence prices on
transactions that run into millions?
Even our richest men are as pigmtes
compared with tho collective purchas-
Ing and selling power Of the general
public The maintenance of a meet
ing place, the preservation of sCCur-
ate records and the white light Of
publicity on all transactions are the
features OF tie exchange that concern
the public veal.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-13
INDUSTRIAIS.

FORENOON SALES
Cedar Talisman, 1000 al lc.
Lower Mammoth. 1000 at lac
Shares sold. 1900 F''''''
Selling value $5025O
OPEN BOARD
Opohongo. 1000 at Be-
shares sold. $500
Selling value. s370.
AFTERNOON SALES.
Ohio Copper. 600 at i6c.
Tlniic Central. 1000 al &c
Shares sold 1900.
Selling value. $3.50
OPEN BOARD
Black Jack. 1000 at &c.
Crown Point. 1000 at &c
Shares sold, 300
Selling value. Sse3
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-13
Salt Lake Has Advantage.

Salt Lake has a geogra p1Ical ad-
vantage that cannot he taken away.
The mines will remain where they
are. But the mining stock ma arllet Is
by no means a fixture and n half
dozen cities are eager TO seize that
market as Denver seized the head
quarters OF the American Mining con-
gress and San Francisco seized the
Tonopah Goldfeld stock market, de-
spite the many natural advantages OF
Salt Lake.
Even now II Salt I-aker must send
to New York or Boston to buy some
OF the leading dividend paying stocks
OF Utah and our annual business has
dwindled from seventeen million in
1909 TO a sCant million In 1913 Mil
lions and millions OF money are lost
TO Utah annually through the deca-
dence--not of the mines-but of the
ma rket
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-13
Shall Exchange Survive?

Shall the exchange be fed? or
starved? This is A public issue. It's
settlement affects the business life OF
the city and state far more than the
personal interests of few brokers,
who could do equally well is many
other occupation II the exchange is
to live Il must have patronage, pub-
licity, confidence. approval
Why not let the new automobile or
the trip 10 California wait until the
chief Industry OF the state is put
upon its feet? A Judicious Invest
ment may return the value OF many
automobiles, or many trips TO Cali
fornia AZ any rate II VIII add 10 the
security and prosperity OF the com.
munity that passes It's security ana
prosperity on TO you. GOOD STOCKS
are cheaper than ever before--cheap-
or. probably than they Will be again.
There is small risk In buying them. A
little Interest," little buyinS-will
double and quadruple prices and so
bring an influx of buyers from other
states.
Stifle the sneer and recommend our
stocks. spread broadcast the true
story OF the Utah mines. Tell OF the
dividends being paid now by Utah
Copper Eagle K Blue Bell, Chief
Consolidated, Utah Consolidated,
Centennial Eureka, Gemini. Colorado.
DAILY West. Daly-Judgc and other
mines: proclaim the constant increase
in our mineral production, the birth OF
new mines and the revival Of old
ones There is plenty 10 tell besides
the losses that YOU brought on your
self by postponing your buying until
prices were highest.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-13
STEWART EAR|
MEAN b|C|
Quarterly Report
Earnings to Be IN
Dividend Requil

The report of the Stew
pany for the quarter en-
80 shows q net earning
The gross value Of ore nj
period was S335,032.3s. ca
ury amounted TO s{5l, ,851.
Quoting the regular quart
10 cents and the extra or
remained on hand $2e7, ,Q'
The earnings OF the ST
for the third quarter OF
net earnings Of the comp
nine months OF the year
At this ratio tho earnings
year will be In the neighbc
900. The improved showin
due To improved ore cou
property, The expenditure
ter Of nearly $4,000 ind
Stewart company is en8n1
Gus campaign OF deyeN
Earnings at the present 4
cess Of dividend requireIl14
OF 10 cents per share.
dividend rate Is maintaf|
pany will accumulate o
than 500, 600 each year.
available for extra divide7
chase additional propertI<
been the policy OF the
d'Alene producers 20 @
tional property In order 4
dividends for stockholdera
lnaI holdings have been ~
said TO be more than lIk4
part OF the Stewart surpIu
In the acquisition of NOR
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-13
Ask the Banks.

Investigate the attitude OF your
bank toward mining securities. Docs
Il place them on an equality with
other collateral In loaning It's funds.
or are the deposits OF the mining
companies, the mine owners. the min
ing machinery dealers, the ore haul
ing railways and the miners used to
promote other industries? The tre-
mendous bank ClearlRgs Of a few
years ago were created by the busi-
ness OF the mining exchange. Is 1t
financial wisdom to discourage invest
ment In mines BY blacklistng their
securities and. when they are de-
pressed by this operation. reject them
as collateral because they are cheap?
Is il mining wisdom TO abandon the
one thing that can give the banks a
gauge OF stock values-the exchange?
-Four OF the large banks OF the city
were established with capital pro-
duCed by the mines and every bank
IS indebted 10 The mines for goodly
share OF Its business Study The
course Of mining Investments on the
exchange 'incc 1905. when sales ag-
SreGHted si7.267 .434 In 1870 they
were sf.Si2. geo. In 1911 they were
$1,000. III, In 1912 they we're 2.2Gs.-
60". and for ten months OF 1913. ST.
ile.599. Are YOU doing ANYTHING TO
stem the tide. or are YOU discourage
Ing the men who arc trying 10 reverse
II" Are YOU doing something 10 sup
port mining. or DO you expect the
mines TO support YOU with no effort
on your part3
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-13
LOCAL SHARE MARKET
DEVOID OF FEATURES

The lack OF interest which has charac-
terized trading on the local mining ex
change was continued through both ses-
slons Yesterday. Business to the amount
OF S190S was transacted Involving the
transfer OF II, 300 shares of stock Among
the unlisted stocks. 300 shares of Dragon
Consolidated sold at 10 cents; Rico
wellington sold 1000 shares at & cents,
and 1000 shares at "a cents Complete
hSures OF the days sessions follow,
UNLISTED STOCKS
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-13
additional Mines on Page Eleven) }
Home Visitors Excursions East >.

Effective November % and %. De.
cember 20 and %, via CHICAGO 4
Northwestern railway from Ogden
and Salt Lake City. Chicago. SD 40.
Minneapolis Paul. $3.50: GOOD for
return 30 days from date OF sale, d;
verse routes and stopovers. For fur.
ther particulars, address c. A. Walker
general agent, 3l7 Main street. SaIt
Lake City, Utah. (Advertisenent.0
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-13
Additional Capital

Our mining corporahou
ditional capital not becaz
10 sell you stock worth
30 cents. but because q
must have your help; on
look the fact that yoU
more. Forget your hao
and make good ones.
your troubles and are
10 future joys.
The man who Is aiWu<
vino Is always skeptic4
sees good faith In an
thing, who. knocked ouI
knocked out: who, d<r
looks upon all men az
comes subject 10 the WU
ception-the deception
deceiver. To those oI
now handling mining y
we endeavoT 20 Greats
dence, and such A zen
that any suspicion or
the part OF the investI
work the mining indusu
moved and It's support
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-13
Production Increases.

October WAS the big month in the his
tory Of the Butte 6 Superior. 1900 900
pounds of concentrates having been
made, representing a 90 per cent re-
covery.
Mr., lacking said the members Of the
inspection party were well pleased with
what they saw, and that all enjoyed a
pleasant trip. He will remain in Salt
Lake about ten days.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-13
Cause Of Insomnia,

The most common cause of insomnia
is disorders of the stomach and consti-
patton. Chamberlain Is Tablets correct
these disorders and enable you to sleep.
For sale by all dealers.
(AiveEtiseneal)
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-13
Value of Exchange.

AZ business mems meeting in
ogden more than n year ago IN my
humble way I tried so show the ad
vantaGes Of the exchange 10 the min
Ing industry, and the worth OF mine
deTeiopment TO the state. with sug-
Eestions for cooperation In the build
Ing mp OF both interests. appealing IN
them as ] now appeal TO YOU that
all factions get closer together-n1Inc
owner operator. prospcctor and
oroNcT' place more confidence I'm each
other and show the Investor yyo are
AL working Tor a mutual interest.
Let US not only encourage the op-
orator. but. protect him The man
Who has tho courage to spend his
ume, money and strength In open
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-13
For Children There Is

A cough medicine for
help their coughs and
bad effects on their
and bowels. Foley's
exactly fills this need
sour stomach. no cousf
its use. stuffy colds,
ing. coughs and Group
helped. Schramm-Jon'
'Thc Never-Substitutoz
Good Stores.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-13

Ing up the resourceS
should have the hear<|
every citizen. Investor.
every mining investmeI1l
scornful suspicion. II
VIII be the loser in the
Ing. Apply TO mining I'M
same principles Of conn
use In other business 4
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-13
Ore Shipments.

The Utah Ore Ssmplng conlpany ves.
terday released for shipment one chr .,
Idaho. two cars OF Nevada and saven
cars OF Utah mine ores
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-13
New York Mining Stocks

James A Pollock & Co, investment
brokers, 163 South Main street, furnish
the following, received over their private
wire yesterday afternoon,
NEW YORK LISTED STOCKS
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-13
Ore and Bullion

Mccormick & Co.. bankers ves,erda, =.
reported receipt OF orc valued n, sg0 0no
and bullion shipped out worth $40. 6oD
total 1880 900. W.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-13
CHINO REPORT SHOWS
INCREASE IN SURPLUS
Cost of Production Is Low
cred, With a Substantial
Gain in Output.
BONDS ARE CONVERTED
Low Grade Concentrates Due
to Abnormally Large Per-
centage of Iron.
BONDS ARE CONVERTED

The eighth quarterly report ~ the
Chino Copper company. covering opera
tions for the third quarter OF the calen-
dar and fiscal year. WAS released for
publication yesterday. The report IN full
follows:
The gross production OF copper
contained in the concentrates. for
tho quarter, compared By months
with the preceding quarters OF 1918.
IS shown IN the following tabulation,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-13
Metal Market.

Prices posted yesterday In the rno,aI
market were follows Silver Ens'
lead. fs55: copper, $3.50