davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
CHEERFUL SPIRIT
IN LOCAL TRADERS
Better Support Given to Utah
Mining Stocks During
Last Week.
SALES ARE NOT HEAVY
Feeling Is, However, That
Improvement Is Coming
in Short Time.

Total sales OF mining stock during the
week on the local exchange amounted TO
SF3S6.jo. and although that sum docs not
represent much trading, tho situation
exhibits better aspect and Is much more
encoura gIng to mining men.
Taken all the way through. there was
spirit OF optimism which brought
stronger support to stocks, Iron Blossom
being especially sought on account OF n
prospective carly dividend. Silver King
Coalition stockholders are practically as
surcd OF a holiday distribution OF profits.
and for that reason the security is firmly
held. Alta Consolidated retains lis
strength by reason OF reported improve
ment In the ore situation at the mine.
Following are the complete ngures for
yesterday.
UNLISTED STOCKS.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
BUCkHDRn vi
FOR ORE HI
New Tunnel N.,s
pletion WhisS
Cut Into "
ONCE NOTED N
Present RoJu Z
Which Rich Gil.
ct Was Brel

,,iIi In a few days the h.
Mining company will NJ
TO announce cOmpleti,, .
that the officers expe,,
of loo feet, cut the ~,
on the surface of ths
distance Of 800 feet y,r
from three and a halt {
the contract being p,c..,,.
Nelson.
1t is assumed by NJ
the vein which they an
IS the one from which -,
old ellison pocket on
which brought exceeds
''H the new cUmlahy /
expects TO realize st ~
high as the poorest 49,
the ellison working,
$50 Il ton. Gold isM|
OF the ore taken fr~
with silver and lead No..
disclosing aggregate MI,
the ton.
On account OF the f,s
ut the outcrop, and fros
says were made. is verr
it is confidently expett,i
richer product will 30 h,
OF $50 feet, where the M
in the new working, 4
that within a week ",
come into town with
company concerning u,
work.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
MEXICAN ELECTION
RESULTS AWAITED
Assumed That Market Con.
ditions May Be Better
Settled Then

James A Pollock & Co. investment
brokers at 100 South Main street. supply
the following, received yesterday after
noon over their private wiro:
Lognn & Bryan. New Yors-Early !rrcg-
larity vas followed by quiet strength and
a resumption OF bullish operations In the
last half hour by interests which have
been credited with working for an eXten-
sion or rise. This was reflected by r.
smart upturn. but taken as whole there
was nothing IN the news OF the market 70
account Tor the hardness.
Advices with regard 70 Mexico were
ineaser but IL was nevertheless generally
scheduled for Sunday would afford rath
er fair index as TO what may be expected
from now on.
Advicss as 10 tho state OF trude denote
that irTceulnFity predomiEates IN most
lines. and that the steel and iron trade Is
quieter. Intl signs become more distinct
OF revival IN the investment demand for
obligations OF fixed maturity, which when
tho same materiallzes will denote a return
OF confidence, we are disposed to believe
tdGsplte the fact tha II now appears that
security prices may be worked some high
er) that THE better policy 10 pursue WIN
be 10 accept moderate turns on long
sIoclfs and reduce lines on any pronounced
hardness
was nothing 70 affect the market today
and speculation was at n low ebh. The
fundamental trouble which governs the
market more than any other factor is the
worldwid scarcity ot money. Almost all
nations are struggling with the same
problem, tight money. Industrial eXpan-
sion OF the past few years has been so
great that II has practically used up the
supply OF liquid capital. Whether tho
situation will oe changed by liquidation or
by new currency plans n the different
Countries remains 10 be seen but IN the
meantime II IS unreasonable TO expect
any prolonged advance IN stocks.
Gallagher curb letter New York--At-
tendance WAS small on the curb. the mar
ket dull and without feature. Leading
mining stocks were somewhat nrmer and
the only news was the report OF dividend
OF 10 cents declared by Nevada Wonder.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
Individual Rights.

a third side of this proposi,iop i
the question of the iualienabie rigbt ~
each citizen to bis share of fba no
ton mineral wealth as the .somefb;n',
ior nothing that goes with Amcr;c'G,, :,
citizenship. The citizen s right and ;n-
tere't IN any undeveloped mireraIs =
r double one-first, that mcasurc5 t,,
the possibility of the mineral Lo;Ugg ng
mined and thus made useful AZ oaa,
TO him that shall rot be unnecoss,-;I,. ~,
Slgn; and second, his right To AN es,,,aI ,,I
cGhanee 10 undertake mining w;tb;n ~ -,
hmits, Of his own ability. He bas ape az
solntely no right TO speculative Tr"g. aG
from public mineral lands. and ;s bis
proi't "a n producer should be rneas,,rnS S
py ms own productive contribution
federa legislation should rccnOr,i
classes or land, and while the ill., 90
the surface Of lands suitable fn- 10
cultural use should be granted - asrI- s
thus continuing the wise poiic, -, rec
couraging home making, public in,er
est and the need Of PROTECTING Tho nN,,
Sumer against private monopoiv ~ '1u' 1
leEed TO justify the reservation -, % ye
government, at the time tha. ~ tne
race patent is granted, Of ali ,, n; sur,
wealth beneath the surface To- oelhl @
rate disposition, under mineral I1spa,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
Tintic DeIamar Looks Good.

Andrew Madsen manager of the Tin.
tic Delamar property, has taken into
Provo some black quartz which was en-
countered in the tunnel and SAYS that
he expects to reach the vein in about
thirty feet more, cutting the ore body
at a depth of 200 feet The black
quartz find is regarded as a good indica-
ton of high gold and silver values in
the Ycin
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
Tibbetts Tells About II.

Concernins tie strike. John Tibbetts
one ot tho l.ssees. said
We have made Big strike beyond
doubt. ] have followed the placer
strikes al over the country and Rave
never found better gold anywhere
There ts. however. no need OF
stampede 10 the district, as all the
ground has been aiken. and II will
only cause suffering ~ mon pile IN.
There isn't n foot os ground Hith sny
kind os showing over thero that has
not been located.
The Hecla Mining company has started
= pew dTltt from the face og the old 901-
FOOT level tn" new dir, Is 20 De 2seO
feet long and VIII tap. az "A depth OF 500
Lect. the large body % orc discovered IN
No. tunnel. 4 cTusscut l. beluE run
on the new isoo-foo, level. directly un-
on The 1000 fnnr lrr0I
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
Decries Monopoly.

sboriI me essential features of the lease
eoDfiuuooe soDfin Dc conditions enforcing full and
HUus o1er,iinr use economy and safetv of
transfers should no, be nroh; 9rEupaGcH' &c
ssapiy made subject 70 onnrovoi put T',.
-ae people 5 representative. n ~ my.
.een a Lafge units OF Production az
Tras Tu 20 tavor lowe! costs ana n Ianao,
cnrsd,i1e CON- iin1dnstry, all for the public ~nod
ccon1o,uation con1o of holdings should bs 80 cu,
lnittag ana transfers of leases pcr
holdings put II the. purpose of lar.c
curtaii nrodnc.; ~ dtnnco.n;opollzation in order &C.
husaers Ia 70 that end should no 9enio 99,,Te'
mt III executive approval nocesso,n ,e"'t g.,
ns sb them effective The a5van 20 20
err er une lease is that il allow tba Heaee gag
tba beht n,,ho TO exercise continued conirSi
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
Famous Camp Deserted.

Mercur, once a great gold camp is
row practically deserted. Fred G. bern
who has just returned from what he
considers his last trip to the town, says
that the camp is NOW scene OF desois
ton. The last car o. machinery has
been hauled away and tomorrow the
railroad company will begin taking up
ITS ralS. In its career the camp Of
Mercur has produced $4,000, 900 in
gold ore.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
Lehi. Inu

Manager Nichols o, 0
mine declares that the ,,,..
q Fair way 10 become a n
\ winze has been sunk !.
the upper tunnel. and gcjt
been achieved. Al a a.
feet the showing Is such
the wisdom OF following r
ore which made lis sp,,'
upper tunnel some time Z
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
NORTHWEST REGION
IS MAKING PROGRESS
Ben Hur Put Out Shipment
in August Which Brought
in $4,000.
LESSEES DOING WELL
Lucky Jim Company Moving
to Place Itself on Better
Financial Basis
LESSEES DOING WELL
Special 70. The Tribune.

Special 20, The Tribune.
SPOKANE, Wash, Oct. o5.-During
tho month Of August the Ben Hur
Leasing company shipped to the Trail
British Columbia) smelter ore valued
at about $4,000. according to advices
received In Spokane from the scene Of
operations at Republic, Wash. In Sep
tcmbor this company sunk tho Ben Hur
shaft from the 500 to the 600 level,
shipped A considerable quantity Of ore
aud mined and stored besides about
1900 tons, ready for shipments.
On October 10. 1910, the leasing com
paDy leased the Ben Hur mine from the
Ben Hur Mining and Milling company
for a torn of five years. The lessees
have sunk the shaft TO the 600 level
and will have it completed and tim
bered to the 700 level by November l.
Thereafter the 500 will he made the
main working level until it can be as
certained with what strength the ore
shoots pitch below it. To that end
a crosscut is being driven 100 feet
eastward toward the vein, which will
be explored immediately.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
May Build Zinc Refinery

Local officials of the Utah Wvominp
Consolidated OIL company, on account OF
Geographic news received from BIghorn
county that another gas well had been
opened up anticipate that zinc producers
OF Butte may establish a refinery on the
ground in which the wells are located
The location is favorable 70 such a move.
aa the railroad Is but six miles away.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
Commensurate Inducemept.

Second in importance is the need
OF offering to the developer Of AN IN.
used resource An inducement common.
surate with the hazardous or specUla
tive character Of his undertaking, This
cuts both ways. To promote develop.
ment. mining laws should attract tbe
men having the knowledge and cani.
tai necessary TO engage in the bust
ness OF mining, but TOO often iu the
past the practice has been for the ma
lority Of locators TO sit by and watch
Few real miners test ont the
ground, whom, il strike was made
these hangers on at once had valuable
claims TO sell. This means unearnod
increment in large amounts, and in
the end the consumer paws for il To
continue this kind of a mineral land
lottery is bad economies. On the ofbor
hand. however, any law for the disno.
st'on Of mineral land, whether bv
lease or not, should provide large re.
wards for the real prospectors who so
often stake their ali against an nnccr'
tam and secrctive nature: when tbev
lose out they have no redress. and when
they win their discoveries usually ad5
more to the nation s wcnith than IN
thelr own pockets. They deserve Tn he
In the preferred class
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
Mil Almost Er

Captain j. B. Mcnanii.
ager OF the Cortez Miri1i
tion company, operating
miles from Beowawc, il
the new ffty-ton mill bil
in a week, and that ius
he operating at full eays
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
Visiting NeiallV

j. NJ. Lilligren, a I'D
has been pursuing bis
the Occur d 'Alene cod
Salt Lake Yesterday.
mining definitely wher
be will probably go to N
over Inc country.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
Caring for Employees.

Considerable activity ip being ranl-
Tested AZ tho intsrrtat@-C siiahnu. wher.
mo mill has tc.n running three shifts
and practically TO its 308-ton caracfty
i've teams arc constantly smpioyed In
"a itliug ore 20 the railroad FOR shipment
and - many mora are on tho rad haui-
ing lumber and bGllding supplies FOR the
construction % tho twelve four room
burSn lows ard tie seventy -hvo-soom no.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
INDUSTRLhLS
Bid, Asked

SATURDAY SALES
Opohonco. 1000 at 3ic.
Seven Troughs. 500 al l?c.
Yankee Conso!da ted moo n, 1nc
Shares sold. 1900
Selling value, s27s15,
OPEN BOARD.
Yankee Consolidated 1000 at loo
Shares sold. 1900
Selling value. $40.
WEEKS TOTALS.
Shares sold. 102,o6o.
Selling value 1886 20
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
NEW YORK CURB CIOsg

tel now under construction II Is er-
pHcteG 20 have these buildings all com
ploted by December IRE new hotel y,iil
De modern In It's couveniences steam
heated. and viii be equipped with shower
baths. There VIII be Accommodation. for
tsv men ana each room win be coupletely
lurrIshea With saultarr irnn hrIa
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
About 20 WORK on sba,.

fartlcally an % the rua,.rl,l -,,.I.5
~ sinking tho main working .bsSf =;
ine fsEle Bu. Hell mine az F.ureka RS
treH dehrcrci, and Superintendent VII
a. ."'nf experts 60 take up this Inn
lofi"nt oiccc d! work about November
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
Boston Mining 81

James A. Pollock 4 g
brokers. 1863 South Main
the following. received orE
wire yesterday atternoor
BOSTON CopPEs Z
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
Colorado VIII Shin

Perry Fuller. superintendent OF the
Colorado mine. says that at the present
time there Is consdera BILE shipping ore
exposed In tho workings. II Ia supposed
that tho property Will now DO able 20
maintain activity in the shipping class for
some urne 20 como adding 10 the output
OF Eureka mines
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
To Protect Consumer.

eve want these laws for the coal
and oil and phosphate lands first Of all
for the sake of the citizens who wish
to use the mineral product from these
lands. As consumers we are all con
cerned with prices, aud to benefit the
many as well as the few, legislation
must favor low costs. Therefore. the
first essential of mineral land iepis.
latlon is that no provision in the law
should place any unnecessary charge,
burden or operating cost upon the op-
orator. Accordingly, no royalty should
bo imposed with the primary purpose
of revenue. The most recently issued
water power permit provides that the
federal government shall receive a
royalty which varies directly with the
square OF the average price paid by
the public for the electric current. The
less the consumer pays. the less the
government receives
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26

The September hEUres show decrease.
as compared with August production. OF
approximately 1000 IONS which IL ac-
counted for by the shutdown ot ths Green
Hln Cleveland property. owing TO It's see
nnl hoiat Mrcck within HIvtv daEH.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26

laws. In private transfers of land tbc
reservation of mineral rights is beco,u.
ing more and more the common vrac.
tice.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
New York Mining Stocks

james A. Pollock q Co., investment
brokers'. ls9 South Main street furnish
;he following. received over their private
wire yesterday afternoon:
NEW YORK LISTED sTocKs
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
Find Paving Ore.

From a big station on the 400 level
crosscut has reached the vein and
q drift has been driven f35 feet north
and another forty feet south. From
the south end raise and stope have
been carried up to the 3O0-foot level.
On the 300 the vein has been exploited
ninety feet south. and from a point
800 feet north of the shaft a raise
has been put through to the 600 level
in good shipping ore. and 1900 tons
have been broken which averages SIS
value TO the ton.
The leasing company mas shipped
about 100000 worth Of ore. noting
approximately. 100000. which sum has
been expended on development and the
purchase and installment of new ma
chinery; c. NJ, Kingston of Grand
Forks, B. c.. is general manager and
John Benson is sunnri nndnnt
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
Ore and Bullion,

Mccormick & Co yest.rdav r.-,,,od
ore received 70 the value OF f5i GO0 and
oullon shipped amounting 10 500 600. To-
tai, flis. zoo. N'N'V' w.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
COEUR D 'ALENES BIG
IN THE SHIPPING LINE
September Statistics in De-
tail Give Total Of 32,515
Tons Delivered.
PLACER PAYS RICHLY
Gold to the Amount of $22
Taken Out at Moose Creek
in Five Hours.
PLACER PAYS RICHLY
Special 70 Tho Tribune.

Special 20 Tho Tribune.
WALLACE. Idaho. Oct. 2S-Production
figures OF tho largest shippers OF tho
Coenr dAlenes. Just available show a
total tonnage OF 81, SO tons shipped 10
.rr,altnr. n.trLr-- .hn ,rnnnth ~ crntrrrlhr-
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
Raise Development Money.

The q. E. NJ. company, operating
IN the Sunset peak district of the
Idaho Occur d Alenes, has completed
the financing Of It's mill construction
and tunnel driving development that
is expected TO put the property on a
producing basis.
I'VE are finding less difficulty in
raising money TO complete the work
now under way than at anv time in
the history of tho mine, says Secre.
tary Ben l.. Collins of Spokane. "WitL
$4,000 on hand, we have completed
arrangements for extracting and treat.
Ing, ore from the ledge already opened.
"A new tunnel has been started
from Dago peak, tapping the ore BODY
at a depth OF eco feet under the No.
level, the lowest yet obtained, and
VIII furnish an outlet for ore in the
best mill site available on tho bank
OF tho Occur d'Alcne river. The di
rectors have purchased and are in.
sta!hng tho machinery.
From the tunnel breast the ore can
be handled out TO the level OF the mill
which we. will start building shortly.
The buildings are up now and the fun.
mel Is IN aboDt 100 feet >.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
Wants Better Basis.

The Lucky Jim company. oporating
a nine at ksslo, B. c., has called 4
stockholders meeting to be held a.
Victoria, B. c., November I3. for the
purpose OF recognizing and rednanr.
ing the company. Tho $500 600 cor.
Poratlon has many stockholders in
SPOKANE. The report, signed hv Ungb
Armstrong, president, and G.. n. Cali
wen, secretary, proposes two plans for
the owners 10 consider. One is IA "a.
incorporate under the PROVINCIAL Ia,rs
ana levy an assessment of ; cent
share, 10 be called az the rate OF i cont
n month. The other is 10 issue bonJs
Pressing liabilities Of the cornnan,.
are now placed at asa, $3.50. nccording 70
the report, G., Weaver Loper wbo
hnanced the corporation oripinaiIv is
said also 20 be a creditor 10 tho ey,.-.
OF $4,000; but this amount, the offi.
GERS say, does not como duo up.i, ~,
mine u paving ! per cent a month 20
the shareholder The mine can1o+ bo
operated profltablv without roncon.
traitor. they say. which will cost sf5G
600. The question OF raisirg ~.
amount additional viii be brought un a.
the meeting. NJ
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
Club Is Interested.

About thirty Spokane men Ioiped the
excursion to the Chewelah camp Sun.
day, under guidance of President l..
K Armstrong OF the Mining Men e
club. The day was spent Inspecting
the United Copper, Copper King and
other properties IN the camp. Auto
mobiles were furnished the party hv
a. s. Speddep, Richard Spedden. HUGH
Bunker, Ed Ross, Fred Rainoehl @
O.. Stolp and ". w Dixon of Che.
welab.
A shipment Of ore by express was
made last weel; from the Lead and
Zinc company's property near Meta.
line Falls, Wash. While this shinmant
may mean nothing, it at least shows
that the persons interested have their
property in mind, and perhaps are
working out tho smelling problem and
other matters in contemplation Of fu-
ture activities.
E P. spaulding, q mining eudneer
who has operated extensively In the
Murray district, and Otis Hin Of sno.
kane, president Of the Monitor Nipinp
company, were this week out al The
mine near Saltese, Mont, MAKING sur.
veys and arranging plans for the in.
stauation of power plant 10 drive the
new tunnel proposed from the ST, Joe
side OF the range.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
Serves the Public.

Regarding the future status of min
ing on the public lands. the following
propositions are believed TO stand out
plainly: The mining men, like tho rest
Of the people, will see that this big,
productive business belongs in the pub.
lie service class. Because its products
are so largely necessaries of life, the
mining industry will be regulated by
the people. The control of public min
eral lands will be exercised largely
through Leasing system, simply be
cause in this way the public owner
aud private operator can best coop
crate, and the purpose of this sympa-
thetic cooperation will be 10 lower
costs Of production in order To permit
reasonable prices to the consumer, and
at the same time provide fair wages to
the mine worker and adequate profits
to the capitalist and operator
'The new laws need to recognize
every factor in the complex task Of
taking something out of the ground and
making it useful. Every man who has
a part III this undertaking. from pros
pector to ultimate consumer, has his
rights, and these rights must be rec
ogniled, measured and protected. All
these men arc in reality partners in
the enterprise.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26
NATURAL RESOURCES
BELONG TO PEOPLE
George Otis Smith Delivers
Enlightening Address to
the Mining Congress.
WANTS SOME NEW LAWS
These Should Protect All
From Prospector to Con-
sumner, as If Partners.

Disposition of the natural resources
on the public domain was one OF the
principal subjects under discussion at
the sessions Of the American mining
congress in Philadelphia October 20 TO
"a Director George Otis Smith OF the
United States geological survey, in his
contribution to this discussion. stated
that both advances in public opinion
aud changes in economic conditions
have placed demands upon legislation,
for the mineral laws oS twenty, forty
or fifty years ago cannot meet the re-
duirements of today. "To illustrate
this point he said tho coal mined
west of the Mississippi river in 1873
amounted to less than 100000 tons,
but last year 1t was over $4,000
600 tons The oil production in the
public land states in 1897 was 2,000,-
900 barrels, and last year 14l l,00O,-
600 barrels, vet 1873 and 1897 arc
the dates of the latest federal enact
ments providing for the acquisition of
coal and oil lands, respectively. Hore
are some infant industries that have
grown up and deserve laws to fit.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26

LISTED STOCKS.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-10-26

UNLISTED STOCKS.