davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-03
MARKET REFLECTING|
PROFESSIONAL ELEME'

James A. Pollock & Co., bankers
brokers, furnish the following. rece
over their private wire yesterday e.
noon:
Logan & Bryan. New YorkIMa
Wednesday merely reflected the bac|
nd filling of the professional eleu
Some scattered liquidation was notice|
Canadian Pacific. but otherwise op
tions were practically featurelesa
course, the near approach OF the hou<
tended TO exert some restraint ana
In addition, the conflicting foreign
relati to the difficulties between
Balkan states contributed. The reeuI
eastern trainmen's strike vote rs exp
next week, and also the government G
report, either Of which may tend to-
vide an Incentive for greater acuvltI
the stock market We believe that y
irregula rity may prevail for a time.
barring unforeseen occurrences OF an.
verse nature, the course OF leest g.
ance will be found to be on the nu|
SIDE OF the market, and therefore =
purchases for moderate turns on any
actions which may occur. Reports oe'
that the large European powers arc
terr1ined to force cessation OF &c
ties In southeastern Europe. tnouSn.0
course. matters may be delayeds
meanwhile, unless foreign liquldatlon
sumes large proportions, II does not
tic Selling recently witnessed. that g
outside liquidation can be forced "
professional selling movement a.
Gallagher letter, New YorkIsz1
showed a better tone "Wednesday, put
trading was small and transactiSns
tied. Some buying appeared IN Ma9'
tan TRANSPORTATION early: carry'ns sai y y
Gold continued It's advance. seliin4
IS3, Balance of the list was quief
though Big -Four declined to 40.
low for the present movement on
Paine q. webber, Boston. The Pro-
OF the currency bill and the tariff =
Still an Important factor IN the a.
The condition OF crops IL also
watched very carefully. Speculauve
tirnent Is still at low ebb and unui
big banking interests are WILING
sumo the leadership. We can expeos
more than a professional n1arSer
and 2-point fluctuations There
TO be an Increase In the volume o.
ing orders under the market IN "s
pers and we think 1t would AKe ~
Very little increase In confidence 10
a fair sized rally in the local hsr
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-03
MAJESTIC COMPANY
HAS GOOD SURPLUS
Beaver County Mine Has
Run on Profit Basis
a Year.
CASH ON HAND $4,000
Also Holds Judgment of
$4,000 Against F. A.
Heinze.

Some of the old mines Of Utah tina
were relegated TO the has been" class
are being revived and placed on a payin'
basis. One of the properties that wa
badly managed and caused the loss o
money to some Of It's stockholders q rev
wears ago was the Majestic mine II
Beaver county. Under more expert
enced MANAGEMENT II has been making
good profits for year. George L. Walk
cr, who recently visited 1t, says:
Since the original Majestic COM
pany was organized thirteen years
ago there have been two reorganiaas
tions. Most OF the people who fioated
the first company seem to have been
interested almost exclusively In pro-
motion proIits. but fortunately LOT
stockholders the management ana ol-
rection Of the companys arIalrs nave
been for some years past and are at
present in the hands OF men VINO are
bending every effort TO make 1T an
operating success.
Majestic Mines has sos, 100 shares OF
stock outstanding. which are selling
on the curb in Boston al around 80
to 40 cents. representing a gross valn-
alton OF only about s2ie,0Oo for the
property and other assets
For nearly year past the com
pany has been on a profitable operat-
ing basis, its net earnings varying
from $4,000 to $1,000 a month AS re-
suit 1t now has on hand about S4o.Ooo
in cash. and in addition 1t has re-
Gently secured Judgment in the Utah
courts for s23, 900 In connection with
the lease of It's smelling plant to F.
4. Heinze. and property has been at
tached 10 cover this account 1t may
be figured, therefore, that the com.
pany has approximately se9,00o OF
working ca pital. or more than 20 per
cent of the market valuation or Its
,fSfe nd
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-03
tho persistent carping about Utah

tho persistent arping about Utah
Consolidated being a worked-ou5
mine. II is O. waste Of words, Ink and
space to advise people to buy any
stock at present. but 6o DO most nSSn ears th1s
stocE to keen II Nothing can be
more certain than that Utah Con-
soIidated will return stockholders In
dividends several dollars share more
than the present price Of Its stock
before 1t exhausta its, property.
1t is not yet time TO get enthusi-
astic over Utah Consolidated stock,
for the Improvement now showing
may not continue. The management
is doing all in its power TO make the
mine 'come back" and just now re-
suits are most encouraging, New de-
velopment work Is being done at the
rate Of 1900 to $1,000 feet per month
The equipment OF the property Is
complete and the company will e1-
pend almost no money for construc-
tion this year. I spent an entire day
in the mine and II looked so per cent
better to me than IL did when I went
through 1t two years ago.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-03
FEW SALES MADE
IN LOCAL STOCKS

Few sales were made In the local
stocks Wednesday. The amount OF
money involved In the transactions was
larger than usual. for the reason that
the trading was almost entirely confined
to the higher priced Issues. Iron BIOS
som did a good amount OF trading at
$3.50 and s1.323. the purchasers being
among those who want the Decent
share dividend which is scheduled to be
posted next week,
Colorado was advanced to II cents at
the closing hour. Alta Consolidated
showed some signs Of support. but was
sold as low as II cents The total num-
Der of shares involved in the days trans
actions was II, $50, for which the buyers
checked out s6S40.o5. Closing quotations
and sales on the regular list were as
follows:
UNLISTED STOCKS.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-03
Company Owns Is Claims.

This company owns, IN the vicinity
of Milford, Utah, twenty hve mining
claims, Of which eighteen are pat
ented. They are in fve groups. The
K, one claim. are copper properties
The Harrington Hickory, thirteen
claims; the Vicksburg, three claims,
and the Hoosier Boy, four claims, are
lead silver. Each OF these proper
age OF profitable ore. but no one OF
them has been Systematically deYel-
oped TO great depth,
The district in which these proper
ties lie is one of most attractive sur
face indications and one which has
produced a great deal Of ore, but the
only big mine near by is the Horn
Silver. which is credited with a divi-
dend record OF s5.652, 900.
The deepest shaft IN the Majestic
area is the Harrington Hickory.
erty. owned by Majestic, there Is
very promising shoot Of leadsllver
ore averaging about 800 per ton,
which has been followed down to a
point 100 feet below water level.
a year or two ago the company
stalled electric pumps and attempted
TO carry the workings to great depth,
but an unsatisfactory electrical con-
tract made the pumping expense so
high that the management was
obliged to discontinue work TO avoid
running In debt. Undoubtedly a new
contract will be made on a more
satisfactory basis at some time In
the near future and the development
Of this promising property will be re-
surned.
Encouraged by the high price for
copper. the management about year
ago resumed shipping ore from the
Old Hickory property and since then
has been taking out and sending to
custom smelters about seventy-five
tons daily, which has yielded a net
prott over all expenses Of sl.5O to
$3.50 ton.
There is a shoot OF ore 200 to 800
ieet long and ten to thirty feet wide
IN the Old Hickory property. which
carries TO per cent copper and
Two to three ounces OF silver per
copyI7te and bornite In magnetic
The ore carries a consid erable ex
cess Of iron and the premiums re-
celved thereon enable the company
to make a good operating profit on
accent copper ma rket
This GRE is mined IN a big open
cut The vein, however, has been
developed TO a depth Of 300 feet or
more and IT would appear that there
Is now developed and partially devel-
oped approxima tely $4,000 tons OF un-
mined ore.
No work IS being done at present
at the Harrington-H Hickory. O. X,
Vicksburg or Hoosier Boy, but II Is
planned 10 begin sinking a shaft In
the latter immediately
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-03
Largest Lead Producer.

am not in possession OF official
figures, but I have reason to believe
largest lead producer In Utah, which
Is one Of the important lead states.
In April 1t produced approximately
100000 pounds Of lead Shipments
Of lead ore have been averaging bet
ter than $50 tons. daily for some time
past It's lead deposits, particularly
in the Yampa limestone. are opening
up very satisfactorily. the slopes, as
a rule, showing greater width Of ore
% than the drifts ri tsHa and faet wde
In the Highland Boy limestone the
future prospects, 30 far as lead Is
concerned, are not particularly bright
at present The first deposit Of very
ago, has been mined out: the second,
located by diamond drill at about
the time of my last previous visit
two years ago, proved to be httle
and the third. developed more 6eo reo
Gently, contains now perhaps 10000
tons Of high-grade ore. IT Is not
Improbable, however that more LEAD
may be found in this forrna ton
In the company's recently issued
annual report 1t was stated that
prospects were not as favorable, due
10 the fact that both the Highland
Boy and Yampa llmestones were
changing at depth and ,ins also or 70 b,s the ne
limestone; and 1T was stated that the
Yampa company. operating an aa
Joining property on the formation or
that name, had never succeedsd III
finding sinn ary ~. vaass In tha D9s OF ush
Consolidated is deserving. OF COM
mendation for making a plain state
n1ent of this fact. and also for its
courage In going ahead with the ex-
ploration OF this condemned area.
Yampa company's bogey, fot IT is
now developing excellent ore at three
or four points in this Same black
limestone,
nat, dipping down at an angle of IS
degrees. It is about 15o feet thick,
measured at right angles to Its dip
and the fine deposit Of lead ore that
Utah CONSOLIDATED. has been mining
in Il lies along the bottom or foot
through this formation TO the hang
ing wall recently. from the lower
levels. and a most promising show
ing Of lead ore there disclosed, II
100 feet is. from two, 10 FIVE feet
showing when ] was in the mine was
In the face OF the west drift, five feet
through at another point also found
good lead ore on the hanging wall.
All Of this new ore Is In the blue
black limestone.
The Highland Boy Limestone has
DEVELOPED disappointingly beyond the
13s fault, which marks the western
boundary of the copper bearing area.
Except the one rich deposit OF lead
ore, perhaps 100 feet beyond this
fault, practically nothing of com
mercial value has been found. though
considerable development work has
been done. This limestone. however,
extends on west for 1000 feet or more
beyond the most westerly develop
property. The mana cement believes
this TO be good prospecting ground
and proposes to continue driving Its
tenth level west until II reaches the
limits Of the property. It Is not i'm
possible that a big mine may be de-
veloped there.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-03
STOCKS, BONDS,
GRAINS, PROVISIONS,
COTTON.
James A. Pollock & Co.

BANKERS AND BROKERS'
1863 South Main Street (HeraId BldK),
Salt Lake City
Direct Private Wires TO all Markata
Duplex System-One Relay to New York
and Boston.
Correspondents Members all ExchauEez
Stocks Carried on Liberal Margins, SpN-
eialists In Mountain States Telephone a
TeleRraph
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-03
SEVIER-MIILER MILL
is NOW OPERATING

At the Sevier-Miller properties in
southern Utah. the new mill has been
operating on ore for almost month.
Work at the mine was inaugurated IN
May, and there is now force of from
fifty TO seventy-five men employed .,s
This property Is located IN IN tne ne TotH Cocf1
carries a low grade gold ore, The COM
pany owns a large acreage and opera
tions are to be carried on extensively
provided the process for making recover
les iB q success.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-03
More Ore Found.

Two or three new bodies Of copper
ore have been discovered. One Of
divides a portion of the Highland
Boy limestone. There are only a
few thousand tons In this deposit:
but 1t is important because 1t Is the
only ore ever mined from this por-
pryry. and though the greater por-
top of the body was very rich. carry
ing 10 to Is per cent copper. 1t oc-
ours on the ninth level. but does not
extend down to the tenth.
the bottom Of the mine, copper ore
carrying "a to S.4 per cent copper
is being mined In the footwal lime
stone under the porphyry. 1t ap-
pears to be a fairly good sized de-
that 1t contains both pyrite and
hematite. At this depth the lime
stone is much wider on the hanging
wall above the porphyry, and here
what promises to be a large deposit
ly. IN the crosscut 1t is fifteen to
seventeen feet wide, carries per
cent copper, fair gold and silver
values and an excess Of iron.
It's low mining costs. economical
and silver values that run from 81
TO 1925 per ton, enables the COM
pany to ship with fair profit some
Of its copper ores that run as low
as IA per cent.
Three Of its larger ore deposits.
which 1t mined from the upper levels
down to the seventh or main tunnel
level, are persisting to still greater
depth. They are being mined be-
tween the eighth. ninth, tenth and
eleventh levels; and one Of them,
that described as containing both
pyrite and hematite. is being opened
UP on the twelfth level, where II
shows appreciably higher values.
Two Of these deposits are big ones,
varying from IL TO 25 by 70 to 80
feet in horizontal extent They have
yielded hundreds Of thousands of
tons Of profitable ore. and a Consid-
S1p
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-03

Fourth Of July Excursions
To all Utah points via Salt Lake -
Tick kets on sale July and 4. = =
on 7th. Ticket office, 10 East y
South or Union station
fAdvsrttsemsne)
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-03
Hoosier Boy Big Yield.

yielded In the past between 5000 0o6
and 100000 worth of lead ore, which
ran very high in silver. A vein one
10 four feet wide and perhaps 400
feet long has been mined out clean
from depth of $50 feet to the sur
face. but no development work has
ever been done at any greater depth.
The formation In which this vein
occurs is a soft decomposed limestone
OF most promising appearance and
the plan OF the management to sink
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-03
Boston Mining Stocks.

James A Pollock 6; Co., bankers and
brokers, furnish the following, received
over their private wire yesterday after
BOSTON COPPER RANGE.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-03
Ore Shipnents,

The Utah Ore Sampl!ng COMPANY
Wednesday released six cars OF ORG
Utah
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-03
Ore and Bullion.

Ore and bullion settlements Tuesday,
as given by Mccormick G. Co., were as
follows Ore received, s20e, 900; bullion
shipped, sl25. 900; total, sS31,0
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-03
Metal Market.

The metal quotations Wednesday. as
posted by Mccormick & Co., wera as fol-
lows: Silver, 5sao; lead, s4so; copper.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-03
It May Come Back.

Stockholders who read the forego-
ing will want to know why, II my
statements are true, the price of the
stock has declined to around $3.50 a
share. They VIII find the reason in
the general market, other stocks haY-
Ing been almost equally weak. and in
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-03
AT the Orpheum Ar

The orpheum Arch is the most ~
spicuous sign In town-eveEyone -
about it. Il your office was IN tns
las block you could advertise s'
orpheum sign," in the Atlas D1ocA'
YOU would be easily located. a
desirable offices in the Atlas oiocA
for rent reasonably. Apply Foom
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-03
UTAH CON. POSTS
5O-CENT DIVIDEND
Two or Three New Bodies
Of Copper Ore Are
Discovered.
MINING AT LOW COST
Is One of the Largest Lead
Producing Mines in
Utah.

A wire from the eastern Offices Of the
Utah Consolidated Mining company yes
terday afternoon was to the effect that
so cents per share dividend had been
posted. The S150,000 disbursement among
shareholders OF this Bingham mine will
take place July 2s. or the present con-
dition Of this property. George L Walker
writes as follows.
Utah Consollda ted's property Is
developing better and the company Is
earning more money than at any
previous time in the past three
years. Opera tlons for the first five
months OF this year will show larger
profits than those Of the correspond
ing period a year ago. notw1thstand-
Ing metal prices have been lower.
During these five months OF heavier
shipments the company has devel-
oped more lead ore and also more
copper ore than 1t has mined.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-03

Nevadas in San Francisco.
James A Pollock G. Co, bankers and
brokers, furnish the following. received
over their private wire this after
noon:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-03

FORENOON SALES.
Iron Blossom, 1000 at 81 80: so at 31.32s
King William, 1000 at sic: 5000 at sic.
Shares sold, $3.50.
Selling value. s287S.7S.
OPEN BOARD.
Utah Consolidated, 1000 at 1c.
Shares sold. 5000,
Selling value. 1855.
AFTERNOON SALES.
Iron Blossom. TOO at s1,30.
Shares sold, 700.
Selling value. 1910.
OPEN BOARD.
Daily Judge. 100 at s6.35,
Colorado, 200 at lie.
Iron Blossom. 1900 at s1,523.
Shares sold, 2700.
Selling value. $26o6.60.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-07-03

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 Coconino sun., 1913-05-09

All kinds of tin work, first class plumbing. Work done promptly. Wilson & Coffin.
The Coconino sun., 1913-05-09
Range and Market News Items of Interest Pertaining the Livestock Industry of Arizona
 Market Letter for the Past Week.


 the last 20 have had rain in May and the balances are therefore safe to figure it will continue dry in California. When the present light feed goes in June the real trouble will commence.
 However there is good beet crop this year and Imperial has plenty of alfalfa, and the scarcity in other markets will probably prevent any great sacrifice.
 The Betteravia pulp feed yard which Fullers lost this year and which the 5. X 5. now control can handle 1000 or 5000 head after July, which alone will probably take up available big steers together with the Imperial and Phoenix demand.
 A. II. SPELLMEYER.
The Coconino sun., 1913-05-09
Notice to Creditors

Estate of Henry Rockmark, deceased.
 Notice is hereby given by the undersigned administrator with the will annexed of the Estate ol Henry Rockmark, deceased, to the creditors of and all persons hay ing claims against the said de- ceased, to exhibit them, with the necessary vouchers, within 10 months after the first publication of this notice to the said Admins trator at the Citizens Bank, in the town of Flagstaff, Coconino County, Arizona, the same being the place for the transaction of the business of said estate, in said County of Coconino.
 M. 1. POWERS, Administrator with the will an- nexed of the estate of Henry Rockmark, deceased.
 Dated Flagstaff, this 22nd day of Aprl A. D., 1913 April 25-4t.
The Coconino sun., 1913-05-09

is found that these are the best suited for the rough mountains.
 The stock raising industry is much more important and profit able for Apache people than any other work they can, do; they could have more than 20, ,ooo cat tie, but they could not see that cattle need great deal of care, and they would not wait for the fat calf to grow into a big steer or COW; these are the main reasons why the increase has been so slow. But after all they should be cred ited as successful for no other tribe in Arizona has done so well; they are beginning to see the inn portance of care yet this sense is very weak; so many are not yet willing to make their camp homes near their cattle on the range in the mountains where they may see with their own eyes that the stock has plenty of grass, water and salt; too many prefer to live in punches near their little patches of farm land a long way from where their cattle are ranging: this is one of the big mistakes and 1t is the cause of so much loss by wild animals and thieves, some of these thieves are lazy Indians who spend much time carrying a gun, they really have little use for a rife for there are no dangerous animals on this reservation, mountain line, a wolf or bear will always run and keep out of sight If we give them a chance; but they will fight hard when they are crippled or cannot get away, the best way to catch destructive animals of these kind is trap; more horses are injured or killed in climbing mountains after the few deer than in all profitable work; the Indian pony is a good little animal but he is not steam engine, he is often a very weak and not fit for use on the range or tarm because his owner does not provide something for the pony to eat; the Apache spends more time in hunting for his horse on the range when he needs 1t than would be necessary to provide it good feed at his acamp. Good horses are needed in cattle rais- ing and farming, but it takes good care and feed to have good horses. The Superintendent of Live Stock is doing all he can to have the Indians take better care of their stock, and to do this he must spend most of his time on the range with the Indians. C. w. Grouse, in Reveille.