davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-17

sell at 81 on its merits. Old Dominion
declared the regular quarterly dividend
of Sl.25, and seems To be tirnly cStaD-
lished on per cent basis. with proba =
blDty OF an increase in the dividend as
soon as their improvements are operative.
Which. we understand will be within Two
months.
Logan & Bryan, New York-Aslde from
Reading. which was influenced by seq
reSation and dissolution talk, and few
other Spccialties, the list while display
ing strong undertonc, nevertheless showed
some signs OF being more disposed to
take notice of current developments thai
has been the case recently, That which
purporte0 TO be extracts of PreSident
Iluertas message to the Mexican con
grcss denoting. according 10 advlces in
circula ton. rather belliserent and de-
hant attitude, had much TO do with pro
ducjng the irreguIarity which was I'm evi-
dence in the afternoon, though the sell
ing which was based on same was abb
Sorbed in a satisfactory manner. Inc
fears OF a strike on the Rio rinto rail-
way infused some life into the copper
shares. though of late there has been
class. primarily for the reason that the
same enjoyed their upturn before sucil
stocks as Union Pacific and Reading be-
anne conspicuous for their buoyancy.
There was quite a little calling OF
oans today, but the ates for demand |
unds wero not materially affected though |
he rates on fixed maturitics were ad-
Law. There are no indications OF the
market having permanently changed It's
rend, but the list seems to be shaping
tself for further reaction OF moderate
Xtent.
Gallagher. New York.-Market fairly
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-17
OUTPUT Of SILVER
AND GOLD IS GIVEN
Utah's Increased Silver Out
put Helps Swell the Total
of Country.

WASHINGTON. Sept. 1s.-Production
OF gold i'll the United States during 1912
amounted to $50, 451 500, a decrease Of
So. f3S,500 as compared with the previous
year, md the lowest American production
since 1907,
The output Of silver was 63,7s8, 300 fine
ounces. valued at S39 1877. 500. an increase
OF 1857 400 ounces over 1911, the greatest
gain being In the state of Utan.
The figures were made public today In
joint statement by the mint bureau
and the geological survey. The decrease
was caused because Nevada output
lost si.52l, 200 as compared with 1911.
George E. Roberts, director of the mint,
said today that while the output of gold
had decreased In the United States and
Australia there was sufficient increase In
south Africa TO make the worlds pro-
duction of gold for 1912 greater than In
1911 Statistics are not yet availa bic
on the worlds production.
California led the states IN gold pro-
duction, putting out $50, 00S 900; Colorado
came second with $1s.741, 200 and Alaska
third with Sl7,10S. 500.
The production OF gold and silver by
sta teS during 1912 was,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-17
BELMONT IN AUGUST
EARNED BIG PROFITS
Tonnage Was Increased and
Large Surplus Over Divi-
dend Laid Aside.

The Tonopah Belmont company during
the month of August enjoyed the best
period In nearly a years time the ore
handled measuring 15.4S2 tons of ore, for
which was received net $1S4.o9S The
gross value OF the ore was s215,142 and
the net profits were nearly 5000 In
excess OF the present dividend require
ments. 1t is the fact that the Belmont
is earning so well above It's dividend that
creates the impression the directors by
the. first OF the year will increase the
dividend rate. While the present month
with its shorter duration may tend TO
keep tonnage down as compared with
August. the higher average price OF SILL
rcr viii be favora BILE factor for this
and other Tonopah companies.
The Tonopah Mining company during
August handled a little better tonna ge
Of ore than during July but the average
value per ton OF the ore was close TO
81 less than that of July. so the earnings
show a slight decrease. The company last
month handled 14.4T5 tons OF ore. the
value of the bullion produced was 1885,
GOO, while tie concentrates produced had
4 value of $780, 500. and the net profits
were SID 100. The quarterly dividend of
this company recently declared calls for
S2500O0. so profits are well Within re-
although the company's
of the extra dividend OF 10
;ents share this quarter Will be missed
oy stock holders
The August production of the Tonopah
indicates an annual gross
'aluo Of over Sl3. 600, 900.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-17
TWO GOOD STRIKES
AT MANHATTAN CAMP

Two properties last week were reported
from Manhattan as having made discov-
cries OF Importance. the Earl and Cres-
cent, The Earl on the 950-foot level has
driven into three feet OF $50 TO $50 ore,
while some values have run In excess of
500 per ton In gold.
AT the Crescent the ore Is OF bonanza
character running SIS or better per
pound. This extremely fine rock is found,
in several feet OF first-cl grade. This
is said TO be one OF the best and most
important discoveries that the Manhat-
tan district has ever experienced
There are dozen OF more leases op-
Grating in Manhattan which are making
first class money. and the whole dis
trict is in the best shape OF its career
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-17
HALIFAX HAS BIG
TONNAGE BLOCKED
Source of Future Revenue Is
Being Added to by the
Company.
RESEMBLES BELMONT
Crosscutting on Level Num-
Der Seventeen Is Now Be-
ing Arranged for.

The September 10 edition OF the Tono-
Pah Miner contains a very interesting
ana favorable account OF the Halifax
property. In which there is a very ex-
tensive Salt Lake shareholder interest.
The Miner had a representative visit the
HaliIax and inspect the DEVELOPMENTS
extensive development effort which the
property will enjoy the mine will prove
10 be one of the great producers of the
district
The Miner says In part.
The main development work In the
property Is now concentrated on the
loo0-foot level where the shaft passed
through big body OF ow-grade vein
matter and sinking was continued
10 tho 14o0-foot level, and after this
depth was reached, drifting OH the
ore cut in the shaft at the 1000 foot
level was commenced
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-17
Development History.

This ore body was proved TO have
north nd. south course and oc-
CURED In a contact of calcite- "a nde-
site lootwal and rhyolite hanging
Wsll. and dipped to, the cast al an
angle OF about IS degrees. and was
proved. by crosscutting, 10 be over
sixty feet wide. The south drift on
this demonstrated gradual increas sing
values, and for the last 100 feet Of
drifting these ra anged from S6 to $40
ton. AT point SOC feet south OF
the SHAFT this contact orc body ter
minated In an east and west veIn
which has now proved to be forty
two feet wide between walls, the
average value of which was from SIS
10 SIS ton. Drifting both east and
vest on this ore body was com
Inenced, and II has now been proven
that this vein occurs in trachyts
forlna ton on both the hanging wall
and footwall sides, and has a course
about 10 degrees north of east, dip
ping 10 the north at an averag ge angle
OF about so degrees
To prospect this great ore body.
drifting east was started on both the
hanging and footwall sides. and the
east hanging wall drift is now out
about seventyflve feet from the
main crosscut. and has shown values
ranging from SIS TO $50 ton. with
higher grade ore in places in the
bottom Of the drift and streaks and
bunches of very much richer ore at
intervals In the face.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-17
DEEP SHAFT Of THE
KING CON HAS ORE
Statement Is Issued With
Checks for the First Divi-
dend of Company.

Accompanying the checks for diylden
No. OF the King Consolidated compa n,
President Solon Spiro issues q, statemen
10 stockholders congratulating them upo
the satisfactory conditions surroundIn
company affairs. After calling attention
TO the payment OF the judgment on tn
part OF the Silver King Coalition com
pany, the statement says I'm part:
AS If to show that the enrichment
recoSnized from The bench was not a
sporadic and fortuitous occurrence,
orc OF similar character made It's ap-
pearance several weeks ago I'm our
main working shaft at depth OF 1870
teet' and was disclosed continuously
for depth OF thirty feet with an
additional forty-ive feet OF ledge
matter underneath,
This deposit was readily recognize
aole as section of the bcdded ore
invariably swells into much larger
masses at the intersection Of the cast
and west assures and the beds.
Our opera ting force will be in Il po-
Of this kind as soon as the contract
for shaft development Is completed
next month. We have been unable To
work on any Of the ore found In the
shaft as yet. on account OF the work
of sinking the shaft. but a station
has been cut and level started. to
run out underneath the orc for the
purpose OF facilitating stopping at the
15o0-foot level, and another station
has been cut at the 100 foot level
In the ouartzte with ledge matter
above the .quartSite, The work Of
extending these two levels will begin
when the shaft Is finished
take this occasion to acknowledge
and express my gratitude for the
compliments bestowed upon me since
the successful Issue of our suit My
part, however has been nothing
more than the execution faithfully,
7 hope, OF trust that was placed In
my hands, Such praise as loyalty
the stockholders who stood shoulder
to shoulder with me.
Could there be more splendid
demonstration Of confidence and 10y
ment announced its readiness to re
deem In cash al their face value the
convertible notes and bonds OF the
compa ny. the holders, without one en-
ception, refused the cash. and called
instead for stock OF the Silver King
Consolidated Mining company OF
Utah.
1t Is equally gratifying 10 know that
the stockholders Whose necessities or
desires prompted them 10 realize upon
their, holdings have been able to sell
at a substantial profit All of these
offerings have been absorbed by per-
sons of ample means as desirable In
vestments rather than by professional
traders as a medium for speculation
While the management welcomes
alliances with the strong financial in
terests OF the state, 1t retains undi-
q Keen sense of obligation
to the smaller stockholders whose de-
votion has stood such extreme tests.
The safeguarding OF their interests
shall continue 10 be the first concern
Of this admin 81 IA atiOD
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-17
STOCKS
ON LOCAL EXCHANGE

The salt Lake stock and Mining ey-
change will list today for the purpose
OF active quotation and trading A number
OF Industrial stocks in which there Is a
considerable local interest Should the
trading in such issues Justify the cN-
change, a large number OF additional In
dustrial issues VIII oe listed. Those
which will be listed today by the ex-
change arc: Consolidated Wagon & Ma
chine, Mountain States Telephone & Tele-
graph, Utah Idaho Sugar, Il. G. NJ l..
Beneficial Life Insurance, Continental
Life. Guardian Casualty & Guaranty and
Intermountain Life.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-17
At the Orpheum Arch

The Orpheum Arch is the most con.
spicuous sign in town-everyone knows
about it. If your office was IN the At
las block you could advertise sat the
Orpheum sign," in the Atlas block, and
you would be easily located. A few
desirable offices in the Atlas block are
for rent reasonably. Apply loom ALL.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-17
TONNAGE RECEIVED AT
THE. MASON SHELTER

According I" nc Mason News. the Ma
son Valley &nel;or during the week end J.
Ing September II received p total Of 1898
tons OF ore. while i've cars OF copper
matte were shipped tn the Garfield Utah
plant. The tonnI"" received by the Ma
son plant was dl' !cd as follows: Mason
Valley Mines. 1917 tons: Nevada Douglas
797 tons, miscellaneous shippers, I"l9
tons.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-17
Company Is Shipping.

Shipments OF good grade milling
ore are being made regularly to the
old Belmont mill from the east drift
and the raise, on the 10o0-foot level,
drift Is placed on the dump for treat
ment later when the company's mill
is built. This dump now shows over
1000 tons of ore OF good mill grade,
and the developments on the 1000
foot level have developed fully 55,-
900 tons OF ore
The vein In the chara cter OF tile
quartz, its great width and its par
tally oxidized condition. greatly re-
scinbles the Belmont vein where first
encountered on the upper levels OF
the mine and VIII probably prove 10
he the eastern extension OF that ore
body faulted TO the south by the In
truslon OF the calcite-andesite.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-17
Water Conditions.

At this point in the mine no water
GAS encountered, but on the 1900
foot level, large flow of not water
was encountered which now amounts
10 about 100000 gallons a day from
this and the 1700-foot level
Prior TO the opening UP Of the
east and west vein on the 1000-foot
level, a crosscut cast from the 400
foot level had been commenced to
cut the downward extension of the
north and south contact ore body,
on It's dip. and this crosscut Is now
rapidly nearing the point where this
should be encountered. From the
face of this east crosscut a south
crosscut will shortly be started to
cut the downward extension to the
east and west vein
In the meantime II has been de-
cided to cut stations at the 100
foot and 1o0O-fo levels OF the shaft
and from these run south crosscuts
10 points In the east and west vein
On the 170o-foot level Gould
triplex pump is being installed pre-
psratory TO crosscutting from this
point to the east and west veins.
Beyond the vein on the 1OOO-foot
level prosecuting south. In trachytc,
is still I'm Dr5oPrpSs
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-17
Mining Notes.

Milton .. Joseph has returned from
a vacation on the coast.
Superintendent A O. jacobson OF the
Alta Consolidated company, was a visitor
from the camp Tuesday
Grant Snyder has returned from a
Visit 10 mining properties located in
Piunas county. California
Ray Babcock, representing Boston and
other eastern copper interests. is In the
city guest at the SemIob. making one
OF his annual visits through the west.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-17
MARKET is DRAGGING
THE BOTTOM AGAIN

. The local mining share market was
about AS dull and unimtercsting as II
could be imagined ON Tuesday. and dur
ing the afternoon session there were
sales for only two stocks, The total
sales for the day OF IA 600 shares Of stock
had market value Of S163050.
The following were the closing transac-
tions:
UNLISTED STOCKS
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-17
EVEN HUMBLE COYOTE
HAS ESTABLISHED CASE

II Is reported that the farmers of Ore
gon are lamenting the campaign they
have conducted In the past against the
humble coyote. and are longing for an
absence OF coyotes has been responsible
for a great increase in rabbits, and one
OF the surest modes Of making away with
IA bbts Is to give the coyote free range.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-17

strong and active .ss during i,asvasS t!'S sss
cigar eiss stores advanced a",s ID ffHa i,e close
st Sa' % sT'ts tSe low ssST sSfs ritheai tHs s' s
strong "5s 6SGses 3ss'ses : ssIas sl 81
dend sslIp ssnIa OF Copper. s.o strS"s s],a
selling X to 81. aTVu ,I',',e.
advnnce will continue
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-17
MODERATE REACTION
MAY COME ANY TIME,

James a. Pollock g. Co, Investment
brokers, furnish the following, received
over their private wire yesterday after
noon;
Paine, Webber & Co, Boston.-Iocal
coppers showed the best prices today
that have been made on this movement
more dlnerent stocks were dealt In and
the interest was more widespread tim
II has been for several months We nd
wise especially at this time the purchase
or Old Dominion, which we think should
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-17
Boston Mining Stocks.

James 4. Pollock &, Co. investment
brokers. 16? South Main street. furnish
the following. received over their private
wire yesterday afternoon:
BOSTON COPPER RANGE
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-17
Metal Market.

The metal quotations for Tuesday, post
ed by Mccormick & Co., were as fol-
lows: Silver. 60ac; lead, sd75; copper.
Sl6,42k.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-17
Ore and Bullion.

The ore and s9u.llilnrU,ct sulllSn KS 8 c..
asE ,S;ovs siNepo ORE Sy gsss!ssJ ,lis'Sss
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-17

FORENOON SALES,
Cedar Talisman, 1000 at 1sc
Colorado 100 at 13c.
Gold Chain, 500 at 2S5c
Silver King Consolidated, 200 at s1.32s
Tintic Central, 1000 at fc.
Union Chief. 1000 at lie
Shares sold, $500.
Selling value, s4s5,
OPEN BOARD
Cedar-Talisman 1000 at lac.
Iron Blossom. 200 at s1.22a.
Tintic Central 1000 at 1c
United Tntic, 5000 at so
Shares sold, 5000
Selling value, $500.
AFTERNOON SALES
Wilbert. 500 at SIC.
Shares sold, 500
Selling value. S425o.
OPEN BOARD,
Cedar Talisman, 1000 at 1sc,
Wllbert, $500 at Sic
Shares sold, $500
Selling value, $3.50.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-17
Raising ON Ore.

The east footwall drift Is nov out
fifty feet from the crosscut. and for
distance OF forty feet the values
averaged from So to 50 a ton but in
to SIT a ton This footwall drift was
extended west a few feet when it en-
counted the calcite- -andesite forma-
ton. which formed the footwall OF
the, north and south contact ore
body. To determine the course Of
this formation, another southwesterly
crosscut was started from the hang
ing-vall Of the vein. and was carried
along the calcits-andeS which Is
found to have a southwesterly course.
and has apparently fntruded into the
trachyte. raising this formation above
the level
From this crosscut raise was
started on the ore and followed II
upward in a westerly direction for
the height OF about thirty-five feet,
direction on the ore body. The top
OF this raise iB now up about seventy
feet above the level on the dip OF
the vein, and shows about eight feet
has varied from $50 to $40 ton, and
It's full width is as vet unknown.
The object Of this raise is to de-
tcrmine to what height the vein ex
tends upward, and What its course
will prove TO be. west of the main
CIOSSCul, SS IL lb DSleNeO LIl4I IL
will eventually he found that the cal
cite-andesite formation will cut out,
and the ore body, on its western
course toward the Belmont property.
will be found In the trachyte forma-
ton. On this level the vein is heav-
lily oxidized IN places, and its values
In many spots have been leached
out and carried to greater depth.
but In places where the original sui
phide ore has been protected from
the action Of water, very high values
are obtained. and assays In excess
OF 5000 ton from selected pieces
In the protected. part of the vein are
BY no means uncommon
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-17
Ore SHIPMENTS,

The Utah Orc Sampling company on
released flvc cars OF ore from
Utah. and one car from the California
camps
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-17
New York Mining Stocks.

James A. Pollock &, Co. investment
brokers. 169 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, 1913-09-17
JarpesA.P Pollock

Established 1SaV'
INVESTMENT 5Roksn'
ies South Main Sfre'h
Salt Lake CRY
private wires to all uarssiS s.
Correspondents members s,"e; nj
Stock Exchange foos,'nt s ~ Trad1
change, Chicago Board Oh pbiIad
York Cotton Exchange, G,r,sans
stock exchange. New s,ocr U5l'E Exo|
Eychange, Denver s!osSl !SoSsSl,ancc'
San San francisco Stock ESgs,st R,tts
Exchange. an liberal tcI
Accounts carried on nO'
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-17

NevadaS in San Francisco.
James A. Pollock &; Co, investment
brokers, 169 South Main street. furnish
the following, received over their private
wire yesterday afternoon:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-17

'Incudes Rotterdam and Amsterdam for tirs,
time.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1913-06-26
FREE SUGAR IN 1916
CAUCUS IN SENATE
APPROVED PROVISION In TAR
IFF REVISION BILL.

Washington. ID. c.. June 26-Free
sugar in 1916 and free raw wool are
now established in the tariff revision
bill. having been approved late yester-
day bv the democratic caucus of the
senate. The sugar schedule as reported
by the majority members of the finance
committee and practically as it passed
the house was approved by forty votes
10 six. Free raw wool as submitted
and Just as it passed the house, swept
the caucus. fOrtyOne to six.
No attempt was made to bind the
members to caucus action. The ques
ton will come up when the entire bill
is passed upon. The approval of the
schedules came after prolonged dis
cuSSion and after several amendments
had been voted down.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1913-06-26
NO PRIZE FIGHT
GOVERNOR OF LOUISIANA DRAWS
LINE AT KNOCK DOWN AN
DRAG OUT"

New Orleans. La. June 26-"There
will be no prize fight in Jefferson on
July t." asserted Governor l.. f. Hall.
He draws distinction between a prize
fight and Il boxing contest.
But he added. this affair is being
twenty-round knock out and drag out
affair and | am determined that no
such exhibition shall take place Boxing
contests Oh points have been admitted
under the law and the ruling If the state
attorneys. but no such affair is being
cardcd for July i at the McDonough,
Vile arena"
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1913-06-26
SINGULAR GAME
COMES TO LIGHT
DECLARED THAT NEW YORK BUS
MESS FIRMS HAVE BEEN HELD
UP BY MEN IMPERSONATING
CONGRESSMEN.
ONE OF THE IMPERSONATED CON
GRESSMEN ANXIOUS TO GO BE
FORE CONGRESSIONAL COMMIT
TEE TO TESTIFY.
(BU Associated PreSS.)


Washington, June 26-The senate lob
by committee today made preparations
to follow up testimony last night by
Judge Lovett of the Hartman lines,
tina, men impersonating congressman
haze been making demands on New York
fDancicrs.
Edward Lauterbach. New York at
iorney arrived in Washington this
lnorning, and was promised chance to
go before the lobby committee to testify
tonight, but later the committee chang
ed its plan. announcing that no one be
, heard unit democratic caucus i'll the
senate finishes with the tariff bill. Low
EFT testified that efforts had been made
to force the Hartman lines to employ
Lautcrbach, who was to prevent the agi
ftation i'm congress against the Union Pa
cifc Southern Pacific dissolution plan.
Lauterbach today denied all of ] ~
cites charges. He said he mas talked
with Otto III. Kahn, and would exp ain
that conversation OH the witness stand
Representative Daniel RiOrdan of New
York also asked for hearing. Riordan
is the congressman supposed to have
been impersonated.
Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1913-06-26
ELECT BROWN PRESIDENT

Laredo, Tex. June 25-S. w. Brown
was Yesterday elected president of the
Texas Mexican railroail motwithStand-
ing the fact that he has resigned the
presidency of the Mexican National.
The election took place at meeting of
the board of directors Of the road held
yesterday.
1t is said strong pressure has been
brought to bear by President IIuerta
and members Of the Mexican cabinet at
Mexico City. to persuade Mr.. Brown to
hold the presidency Of the National rail
WayS.