davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-16
SPOKANE CAPITAL
IN GLACIER PARK
Old Oakesdale Property In
Montana Taken Over by
New Company.
COPPER KING SHIPPING
Iron Cap Group of Claims,
Near Chewelah, Will Be
Worked All Winter.
COPPER KING SHIPPING
Special TO Tho Trfbuna

Special TO The Trfbuna
SPOKANE. Wash, Nov. l6.-Spoka ne
man have incorporated the olaoier Park
Copper Mining company. capitalized at
sl,ooooo0. The inoorporators are r. c.
Robertson DE-. e 7. Richter. Martin
woldBon and W. r. Baker. oil OF Spo-
lame. and Anton Fehrenbacher of
Oakesdale. Wash. The officers aret
woldson. president; Richter. Woe presi-
The five ipcorporators arc the d!recto-
rate.
The properties of tho company. con-
eieting OF nineteen copper claims on the
crest OF the Rocky mountains. IN the
Glacier national park. Montana, former
company. but were sold 10 satisfy a
Judgment in favor Of Fehrenhacher, Sc
cured four years ago In the Whitman
county superior court for the loss Of his
eyes in q premature explosion while
working In The mines for the oakesdnle
company.
Unable 20 procure funds TO continue
development OF the claims. regarded as
promising copper deposits. F'ehrenbacher
prevailed upon Mr.. Robertson, who was
his attorney IN the suit against tho
Oakesdalo company, TO organize COM
pany 10 take them ovar. and the Ola
cier Park Mining company is the re-
suit Said Mr.. Robertson;
The Oakosdale company had driven
= 500-foot tunnel. which we have
been extending from time TO time
until II now is in 800 feet Tho
showings are satisfactory and We
have let contract for another 15o
feet. Mr.. Woidson personally win
supcrintend the development and Will
leave soon for the property
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-16
EASTERN MARKETS
ARE FEATURELESS

James A. Pollock & Co., Investment
brokers, 1863 South Main street, furnish
the following market reports. received
yesterday over their private wire from tn,
EAST:
From Logan & Bryan, New York:
Trading was dull and fcatureless,
and price changes for the most part
nominal. The Mexican news, as has
been the case recently, was the chief
topic OF discussion and as usual. was
conflicting. Trade journals all report
that the recession In general business
is well under way and quite pro-
nounced In Iron and steel circles.
Many are looking forward TO the in
itiative OF the element operating on
the bull side 10 be increased by a
clearing OF the Mexican affair. and,
while II Is not unlikely that efforts
Will be made to force a demonstra ton,
still there are some signs OF the regu-
lar session of congress being devoted
to constructive legislation and not to
another anti-coTporate crusade. and
until the holders OF liquid capital show
greater disposition than of late to eX-
change some for gilt edged obligations
and stocks. we rather anticipate that
the upturns will not be of great extent
or duration and therefore advise a
conservative course.
From Paine. Webber & Co, Boston:
The opening was strong. but thege
was no Increase in speculation and the
market dragged throughout the ses-
sion. Strike conditions at the lake
are daily improving. and several OF the
properties are approaching normal
production. The buying OF the copper
metal is still light The next big buy
Ing movement will probably come at a
price around l5i cents TO l52 cents.
From Gallagher curb letter New York
Oh stocks continued to hold their
advances Tonopah and Cobalt is
sues were firm. Belmont and Nipis-
sing were In demand a. fractional ad-
vances, Coppers were neglected.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-16
ALTA CONSOLIDATED
MAKES STOCK ISSUE
Treasury Stock VIII Be Di-
vided Among Stockholders
and Assessment Levied.
BANK CALLS IN LOAN
Present Plan VIII Discharge
Company's Debts and
Leave Surplus.
BANK CALLS IN LOAN

At a meeting Of the directors of the
Alta Consolidated Mining company
held yesterday afternoon, il was de-
cided to distribute the 100000 shares
OF stock now in the treasury among the
stockholders, and levy an assessment
embracing the whole issue Of 100000,
the total capitalization, At the pres
ent time there are 1000 shares IS
sued. The stock remaining in the
treasury distributed equally among the
present holders will increase the hold
ings OF each to the extent Of zoo
shares for every 1000 shares held.
Immediately following the declara-
ton of stock dividend, the directors
levied an assessment of . cents share
on the total capitalization, the new is
sue to be distributed at once
This plan was formulated when the
banks called upon the company for the
payment OF loans which, with other in
debtedness; aggregate approximately
$4,000. Efforts were made to dispose
Of the treasury stock. or to secure a
loan on 1t, or to place mortgage on
tho entire holdings of the company
but the company was unable to raise
money to discharge its debts or to Sc
cure working capital.
An assessment levied on the out
standing $4,000 shares would not have
been sufficient to take care of the com
pany's debts and provide working cap
ital enough to properly develop the
property. Hence, in order to increase
the revenue from assessment, the stock
distribution was decided on as the only
course left open if the company lqui,
dated its indebtedness and pursued
operations at the property.
When the assessment is paid, it is
estimated that the Alta Consolidated
will have in its treasury $4,000 IN
excess Of its liabilities with which TO
continue development work.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-16
LEONORA COMPANY
TO CONTINUE WORK
Contract Has Been Let, and
Operations VIII Com
mence This WEEK.

small crew OF men will taken to
the property of the Leonora Mining
company, situated in the Star district,
near Milford, according to information
given out by Edward Rheinstrom. The
men will be in charge Of j. o. Oiler,
who has been awarded a contract for
300 feet of development work in the
property Mr.. Oiler and his men viii
leave Salt Lake Monday, and work will
commence Immediately after their ar
rival at the mine. Work will be con-
tinued through the winter, or until the
big hssure, which is said to be the same
that traverses the Hoosier Boy property
is struck.
Tho Leonora property is intersected
by two east and west assures and two
north and south assures, one OF the
former having been cut in the drift
which is being run from the bottom of
the new shaft. This shaft IS down 100
feet, and tho drift is in something
more than $50 feet, the first fssure hav-
ing been cut at O distance Of about 165
feet.
The management now plans to con-
tinue the shaft down TO depth of 400
feet, and TO extend the drift until the
Hoozier Boy fssure is encountered,
when the company expects to find ore
in large quantity. This fssure runs di-
rectly through the center Of the Leonora
group.
Work will also be commenced in the
old or upper workings. which consist
of a. forty-foot shaft and seventy-fve-
foot tunnel. The tunnel was driven in
order to get under the ore showing in
the shaft, and approximately 125 feet
remain before the objective point is
reached. A vein Of ore is exposed in
the shaft which runs from fourteen
inches to eighteen inches in width. This
ore contains values, principally in zinc,
equivalent to $50 ton.
On the Lady Of the Lake claim there
is shaft about eighty feet deep, from
which ore running as high as 5000
ounces in silver has been found. Several
tons Of this ore was shipped at different
times before there was a railroad built
near the district, the ore having been
sacked and hauled to the smelter by
team. This claim is nbout 600 feet
from the Leonora and on the same fs~
sure. It is not the intention of the man
agement to work this part Of the prop
erty at present, though operations here
may be commenced next spring.
The Leonora group was located IN the
early 70's and passed into the control
Of a man named Burns, who sold the
property in 1905 to the present holders.
Considerable money has been spent in
developing the property, the money
having been raised by the sale of stock
and one assessment. 1t is said that
more than $4,000 worth Of ore has been
taken from the surface gougings on the
various claims.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-16
Experimental Runs.

Some ore is now being treated at
Jesse Knights s new mill at Silver City,
the experimental runs being made under
the direction of the inventor Of the mil
ling process, n. C. Christensen, who has
been in Tintic during the past few
weeks. A considerable quantity of the
dump ore from the old Star Consolidat.
cd property (now part Of the Black
Jack) has been delivered at the mill
and IL is upon this ore that the new
process is being tried out.
Mr., Christensen is quite pleased with
the manner in which the little mill is
performing its work, and while he has
decided that il will be best not to make
any definite statement until he is abso
lutely sure that the new process cf mil
ling can be used TO advantage on Tin
tics low grade ores, he intmates that
the mill is just what he anticipated it
would be. a complete success.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-16
Electric Power for United.

shipping OF ore In tho Chewelah camp
of Washington has been discontinued for
few days and all teams are engaged
ln repairing roads During the last few
weeks shipments have exceeded any ever
made from this camp. The Copper King
has averaged daily shipments OF one
carload and the United Copper has
shipped as much IN concentrates and
selected ore. The work on the Copper
cliff tunnel has progressed TO the ex-
tent that bu; forty feet OF work Is nee
essary TO reach the point whore tho ore
ledge should be encountered. A party
OF Spokane stockholders In the United
Copper visited the mine last week with
Conrad Wolfe. president. They report
things progressing satisfactorily since in
stallation OF electric power.
The crosscut started recently on the
Mountain View claim OF tho IuteTna
t!onai group. In the orient district OF
Washington. has attained the sixty one
foot point without leaving ledge mat
ter. It IS stated by Larry Hughes, a
slockholder OF the company. who, with
Andrew McCloskey. ". E. OF New MI
chel. n. @. has Just completed an in
Specuop OF The underground development.
The body is well mlneralized despite It's
width and no assay has failed 10 show
values. while one. made on samples
taken twenty feet back IN the cross
cut showed a content OF s597 10 the ton.
chiefly in gold. he states. contrac CT
VIII he let TO cut this vein at greater
F.s,.s1
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-16
Copper Mountain Active.

The Copper Mountain Mining COM
pa1y. recently organized by Conrad
Wolfe. Fred r. Wolfe and sidney Ro-
Esnhnupt. all well known Spokane min
ing operators, controlling factors IN the
United Copper at Cheweah, wash, is
planning active development OF its ex-
tensive mineral holdings IN the Quatsino
district on Vancouver island. British CO.
umhia. The properties comprise the
Merry Widow group OF six claims on Elk
mountain and are regarded as among the
most promising I'm the Quatsino region
Work will be begun soon on a railway
line from Port Mcneil and a through
line from end TO end Of the island. run
pinr near the properties. Is being built
now. II Is believed the mines will have
been sufficiently developed TO begin ship
ping by the time the railways are op-
Grating.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-16
Hypotheek viii Sink.

The Hypotheek Mining comp
ating tho Hypotheek mine is
TO sink a three compartment
the 900-foot level. At a rece
ing of the directors it was a
discontinue stoping and drift
west on the vein, where an on
the shaft from the 700-foot lev
started. Sinking to the 900-f
will be begun at the same tin1e
sion of the drift was comme|
Thursday.
If the plans are consumnnc
Hypotheek mine will have an q
outlet, the new one Just We
present opening into the wcrl<|
development will be prosecute|
idly as possible to get the pr
shape TO increase the output. ]
the work will be provided D
ments until such time as the co
self sustaining, and 6 mills "
at the meeting.
The old directorate, consist
". Davidson, J, Il. Guenthers (
son. g. II. Kern and j. 5. ~
was reelected. Davidson W
president; Guenther, vice p
OLSON, secretary-treasurer, A.
Rogers. general manager.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-16
Mill for Grandview.

Two additional stamps have been re-
ceived by Manager &. s. Cook OF the
Grandview Gold Mining and Milling
company at Entiat. Wash. and these
VIII be set up Immediately. These. with
The stamps now in operation. Will make
a battery Of five In the mill erected last
summer. In addition a concentrator a nd
cyanide plant viii be erected. as II has
been found that the ore IN tho Grand
View Is distinctly a cyaniding proposi-
ton.
r.. c. Sears and l.. D. Peters are max
ing arrangements to do considerable de-
velOpnent work on the Iron Cap group
or claims on Cottonwood creek south
cast OF Cheweish. Wash They are fix
Ing up winter quarters and a blacksmith
shop. The principal work Will be done
IN the lower tunnel. which Is now in
goo feet. and the owners expect TO strike
The lead within a distance OF twenty
hve feet when they VIII drift to deter
mine the extent OF the ore body The
ore Is a copper sulphide and come good
returns have been obtained from sam-
pies taken al various stages OF devel-
opment- Sears has sold the Iron Horse
claim 20 tho United Copper for $1,000. Tho
property adjoins the United Copper and
has been explored for the full width by
the copper couIpany's tunnel
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-16
New Hoist for Green Hi

The new Green Hill -Clevel1
has been tested and found 70
isfactorily. The hoist being
takes the place Of the ono whif
disastrCusly wrecked on two
occasions, the first of which q
the death of August Storlohn
thur Schultz, engineer and o!|
new hoist is a Nordberg air hol|
the successful trial Of the re-
cry and the possibilities OF a.
sumption Of work a large NUM-
miners formerly employed IN
erty are returning, awaiting
nouncemcnt of the manageme|
sumo work.
Fred Adams, a former ne"sl|
of Spokane, is in the dlstrio.
charge of the assessment wo<|
SmuggIer property on PlaSe
about seven miles from WaLI@
group includes twenty claims
proposed TO continue the ionG
an attempt TO cut the ledge
during the winter.
Arrangements have been con
i. X. Armstrong Of Sposane,
of the Spokane and Montans
the American Institute OF MI
neers, for the meeting Of tna
be held in Wallace, Saturda{
ber Is. 4 large party. left
this morning by special train
row the party will be
charge by President >.
Carthy. president and manaf@
Hecla mine, to inspect tn
mines and mills in the dist
party will return Monday
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-16
SALT LAKE GETS
VICTORIA OFFICES

Al a meeting of the stock holders Of
the Victoria Consolidated Mining com
pany. held at Provo Saturday morning
the old board Of directors was re.
elected and il was, decided to move the
company Offices 20 Salt Lake The di-
reetors are: Lafayette Holbrook. pres
ident: Reed Smoot, vice president; j.
9. Lynch. general manager; c. +.
Loose and D. ]. Sullivan F. A. Cor.
don was elected secretary and treas
urer. or the 100000 shares issued,
304 900 were represented at the meet
ing
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-16
Gold Chain Development.

The development work which the
Gold Chain people arc doing from
the 1900 and 1900 levels Of the
Lower Mammoth mine has now
reached a most interesting stage
and il will not be at all surprising
If some splendid ore is encountered
In that part of the Gold Chain ter
ritory; in fact, punches Of good
ore hnye already been found on the
1900 level. On the 1900 level the
drift is being sent off toward the
north, and as the work progresses
some small punches OF very rich
ore are being picked up. The
drift is cutting through ground
which is badly broken up, the
gangue material carrying some
good quartz, and the Gold Chain
management believes that a small
amount Of work will result in the
opening Of the main vein, in which
there will no doubt be a concentIa-
tion Of the ore.
The 1900 drift is also being sent
out toward the north. along a fis-
sure which carries considerable
iron. The showing, while not so
encouraging as that on the 1900, is
nevertheless very good. The drift
Is cutting through portion Of the
Gold Chain ground that has never
been prospected to any extent, and
for that reason the work is of con-
siderable Importance.
The punches OF ore on the 1900
level run high in gold and silver,
with some lead and n little copper.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-16

FORENOON SALES.
paly-Judge, $50 at $50.
lac; 1000 at i7c
Silver King Coalition. 1000 at sass.
Silver King Consolidated. 800 at si.55:
400 AT Si.s7i.
Union chlef. 1000 at &c; 1000 at 2,c.
Shares sold 1880
Selling value. s5TT15o
OPEN BOARD
Colorado 1900 at lie
Iron Blossom, so at sllTs
Lower Mammoth. 1000 at lac
Ohio Copper. 900 at sc
Shares sold $3.50.
Selling value. S5Gf5.25
WEEKS TOTALS.
gi.l00 shares for So. SO %
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-16
Santaauin Transfers.

Santaquin district deeds filed with
the county recorder show tho transfer
Of one-half interest iu the White
Dragon Extension Nos. |. . and 3
claims from Stephen W. Miller to
Charles A. Higenson. The money in.
volvod was $4,000. John NJ. Caldwell
transferred 10 Stephen W. Miller and
the United Metal Mining company
Claims Nos. |, 2, 3, and of the
White Dragon Extension Mining com.
pany for the sum of $4,000.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-16
MINING STOCK FOR SALE.

Controlling stock in silver.lead mine
North star district. High class pros
pect. Tunnel over so feet-lime and
poFphyry contact-S5 feet 10 eross-cut I:
Immense ore bearing fissure vein-sl00O
fog 100000 shares, carrying President
Secretary, Treasurer, and control of Di-
rectorate-bona fde proposition. Own
er must have cash for other business.
Address D-5. Tribune. Advertisement. J
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-16
Grand Central May Sink.

Some Of the best copper ore that
has been mined from the Grand
Central property during the past
year is now coming from the
mines deepest level-the 1880. This
level is Just above the water and
there arc reasons to believe that
below this point the ore will be
equally as good, if not better, 1t
is this splendid showing in the
deepest workings of the mine that
is causing the management TO think
about dropping the main shaft
down to greater depth. 1t is not
known just when this new piece Of
work will be taken up, but it is
generally understood that the sink.
ing will be attended to during the
winter months.
The body of copper ore which is
now being mined from the $3.50 is
of very liberal dimensions and the
ore carries anywhere from 10 to
20 per cent in the red metal Tho
same vein is being developed on
the levels just above the 23S0, but
at these points it does not carry
quite as much copper.
AT their meeting a few days ago
the directors Of the Grand Central
took no action on the dividend
question, but the treasury is in a
healthy condition and there is
possibility of distribution of
profits during Decemher
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-16
Hunger the Rest sauce.

Sauce is used TO create an appetite
The right way is to look 70 tho diges-
ton. when that is good you are certain
to relish your food. Chamberlain g
Tablets improve the digestion and ere
ate q healthy appetite, For sale by
alledealers- advertisement
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-16
CALEDONIA COMPA||
MAY PAY D|V|D|
Settlement With Bunk.
& Sullivan Means S
ing of $500, 600.
HYPOTHEEK EXTEN
New Green HILL Gle,
Hoist Working in s.
isfactory Manner.

WALLACE, Idaho, Nov.
Caledonia Mining company, b
,he Caledonia mine, adioini
Bunker Hill and Sullivan prop,
Wardner, Idaho, will be paw
tends soon, according to Jams,
warth Of Wallace. Said Mr.. a
Settlement of the litipati<
tween the Bunker Hill and
donia companies, by which Il
ter gets valuable working
and milling privileges, ND
saving of approximately 6
TO the Caledonia stockholdsrr
tcring the Caledonia ore
from the long lower tunnel
Bunker Hill by an incline t,|
a concession granted under Il
tlement stipulation, will
opening the lower levels Of th'
with comparatively little e.
while a continuation of al
ment along the lines planu|
fore the litigation was com
involved au expenditure Of
sands Of dollars and meant tl
mine would not be producing
maximum capacity for year
it is but a matter of a few
after work is resumed unit
deepest shoots will be open
Original plans called also (
construction of concentra|
cost not less than $3.50, 900 4
treatment Of the Caledonia 4
ores, but All agreement has b<
tered into with the Bunker j
set aside n unit Of it's mill 4
purpose, the rental being hxo
figure representing only Oh
and maintenance expenses.
If this agreement is ratii
the meeting Of the Caledonia
holders soon il will put th|
pany in better position than /
time since it was organizc
there is every reason to belio
mine will rank among the b
ducers in the Occur d 'Alene
fore the end of another ven
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-16
Metal Market.

Prices posted yesterday on the metal
market by Mccormick e. Co. bankers.
were as follows: Silver. $50 cents. lead.
81 IS; copper. $3.50.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-16
Ore Shipments.

Tho Utah Ore Samplins company yes
ierd1y reported ore releases as follows
One car from Colombo. two "a ~ from Ne
Nadu and five cars from Utah mines
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-16
BUSINESS IMPROVES
ON LOCAL EXCHANGE

In point of value. Silver King Coalition
was first In the business transa cted on
the local exchange Saturday. 1000 shares
OF this stock being taken In at SS.65 a
share. Silver King Consolidated sold
again at tho top price reached few
days ago. During the week IL 400 shares
OF stock were sold, having a market value
OF s22,452.25. Yesterdays quotations were
a. follows.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-11-16
EAGLE & BLUE BELL
MARKETS RICH ORE
Grand Central and Gold
Chain Properties Are Being
Worked at Depth.

The Eureka Reporter publishes til
following concerning the week s oper;
tions in the Tintic district:
Some splendid gold ore is now
being mined from the 1850 level of
the Eagle &C. Blue Bell mine, and
according to Superintendent Viii
liam Owens, q carload lot, from
which he has Just received the re-
turns, carried 2.l3 ounces in the yel-
low metal AS the ore also carries
some silver values, IL is natural to
suppose that it Is worth between
$4,000 and $4,000 per car. This
gold ore Is something new at the
Eagle, as the silver values predom-
mate in most Of the high-grade rock
which has been mined at this prop
erty during the past year or two.
In many of the Tintic mines the
gold bearing rock comes IN rather
bunchy deposits, but the Eagle Il
Blue Bell officials are OF the opin-
ion that on the 1850 level of this
property they have an orc deposit
which will stay with them for a
long time to come.
Two drifts are now being sent
out into the ore from the levels
Of the winZe, which was sunk
distance Of about 200 feet below
the 1850 level. One Of these levels
is at q depth Of 1925 feet, while
the other Is down 1888 feet. The
ore deposit which has boen devel.
oped from this winze is undoubted-
" ono of the mines most impor-
tant discoveries. although II is
nothing more than a continuation
OF tho big vein previously opened
on the levels above. The ore
which Us being mined from the
winze goes well in lead, there also
being some silver values, and Just
as soon as tho two drifts cut the
ore body a little more thoroughly,
stopinp will be taken up.