davidaulloa/AmericanStories huggingface dataset:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07
COPPER ISSUES ARE
THE MARKET LEADERS

James A. Pollock e. Co.. investm ent
brokers. les South Main street. furnish l
wire yesterday afternoon
Paine, Webster Co. Boston The
Boston market continued to gain
strength all day, Cranky, Butte & Su-
mand and closed on top: We still be-
lieve the copper market will reach a
much higher level The volume OF buy
Ing increases from day to day and we
still think that We will run into very
active up-swing,
Logan & Bryan, New York. Coppers
were conspicuously strong and acted as
stimulant TO the market today. In
" in specialties such as Peoples Gas
which was favorably Influenced by re-
ports emanating from the west to- the
effect that a substantial stock dividend
would shortly be declared. New Haven
was rather weak during the early trad
ing on the overnight announcement TO
the effect that a change in fiscal agents
is not improbable. but. seemingly, the
short covering in other sections OF list.
The bank statement published after
the close was somewhat more favorable
than anticipated. indicating as 1t did in
moderate deduction In the surplus re-
serve. whereas many had become dis
posed TO the belief that a deficit below
reserve requirements was not unlikely
losses and OF the expansion OF loans in
cident to the Southern Pacific financing
The Copper Producers report will be
issued next week and IS expected TO re-
veal q material shrinka ge In the supplies
Of red metal, and In addition. the Steel
corporation Will make known the volume
of its untitled tonnage and the govern
ment Will publish Its grain crop report.
all of which, perhaps, will tend TO pro-
duce greater activity In the security
markets The relative lack OF selling
pressure during the past few days has
somewhat inspired the element working
on the buying side OF the stock list and
tended to hold in check speculative oper
ations for the decline so, as conse-
quence. dullness and narrow fuctua tons
have been the predomlna ting influence.
The market appears to be awaiting a
new incentive which will probably be
proved by the events scheduled to take
place next week, OF which mention was
made above or. perhaps by legislative
activities which recently have been
commanding close attention.
Gallagher. New York. Oil stocks were
in demand today and advanced l OF .
points, generally closing firm. Industrial
list was quiet at about yesterdays fig
ures. First Nat. advanced to "a and
Braden was fairly active around 6S
Tonopah list was dull and price changes
were small; market closed quiet and fea~
tureless.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07
LYNN DISTRICT HAS
A NEW POSTOFFICE

General Manager McCabe Of the Bull
Moose Mining company Of the Lynn.
New. district, is back from the property
with the information that a new post
office has been established in the district
TO be known as Goldvllle, and w E..
Barney, president OF the Bull Moose COM
pany, has been appointed postmaster,
Conditions in the district says Mr. Nc
Cabe, are very satisfactory. His COM
pany is drifting on the 100-foot level to
tap the ore showing on the surface and
from which very high assays have been
obtained. and he is confident that the
Bull Moose will make mine, An en-
couraging strike was made on the Kun
ter-Banks property nearby recently, the
same character Of quartz being found
containing gold that exists on the Bull
Moose ground
a deal recently consuTmated IN the
camp was for the purchase Of placer
property for s12,00 located near the Bun
Moose territory
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07
EXPORTS Of COPPER
SHOW AN INCREASE
Yet European Surplus Grows
Smaller and Reaches New
Low Level.

That the 1sh-cent point retained by
electrolytic copper Is far from being a
speculative feature OF the market is
demonstrated by the reported sales Of
the metal Friday and Saturday at that
level. Seventeen cents appears TO be
closer than has been appreciated. and
there are few who will assert that this
price is eXorbitant In View Of the de-
pleted worlds stocks OF the metal,
The exports OF copper for August. e1-
elusive Of the southern and Pacific ports,
totaled 34,722 tons. compared with
29.096 tons In July and 29.526 tons for
August OF last year, These export fig-
ures are interesting In reaching a con-
clusion in regard to the August report
of the American Copper Producers asso-
c!ation, which should be released tomor-
row in New York, while the exports are
of especial interest in View OF the London
Fortn!sh statistics showing the Eu-
ropean visible supply Of copper on the
last day OF August,
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07
Special Pulp Handler.

In order to handle the pulp which other
wise would be washed down the creek a
special building coversss an area OF 40x4O
feet has been erected and the tanks for
the acid solution and other necessary
equipment including two Franz concen-
trsInG tables have been installed. The
process is one which was worked out by
Mr.. Wyman at the Hercules mines when
that property was under the management
OF Harry l., Day. and was accomplished
upon chemical affnities. and while simple
in It's details and comparatively inexpen-
sive, has proved a big success in the
treatment OF what was heretofore waste
from the mills in question. The first unit
being Installed at the Morning mill will
have capacity of 100 tons per day, and
tentative plans call for an increase to
800 tons daily as soon as the treatment
proves absolutely successful on Morning
tailings.
important strikes in the district this sum
mer and the most important copper
strike since the big disclosure made In the
National property last spring, Is reported
from property operated by George Brett
Of Kellogg on the North Fork river. The
miles above Prichard. The tunnel Is IN
only 100 feet which. at the face. attains
n depth Of 200 feet. At the point of the
strike the ledge was found to be between
twenty and twenty-five feet In width and
assays made from the ore taken out has
ton. The vein contains considerable cop
per ore Of shipping quality. and the
owners are planning to ship for or five
cars next spring, bringing the ore down
the river to Pritchard by boats and ba
where 1t will be loaded on cars. The
considerable extent as yet, although there
are ten men employed at the property
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07
TRADING ON 'CHANGE
IS WELL DISTRIBUTED

urday morning on the local exchange was
the fact that the demand was not CEN
tered upon any one or even a few stocks.
The whole board Is pretty we'll repre-
sented in the sales column, and a some
what firmer tendency was noticeable In
several issues, Silver King Coalition and
Iron Blossom in particular.
Two of the unlisted stocks sold, Bing-
ham Central-Standard going for 9 cents
a share. and Tintic Standard at 81 cents
share. The sales for the day totaled
30,735 shares of stock, with a value Of
i13. 1855 shares. with value of S16 sos 40
The following were the closing trans
actions.
UNLISTED STOCKS
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07
CHIEF CON. NEARING
ITS NORMAL OUTPUT

The following brief excerpts are taken
from the Eureka Reporter OF Septen-
Der:
Splendid progress ls being made by
the Chief Consolidated company in
rounding out Its new Bisoee system OF
mining. and the company should be pro-
ducing at normal capacity again before
long.
On the 110o-foot level the Emerald
anagement Is drifting north TO catch
the vein within which 1t had some ore
at the time Lhe company was forced to
vacate working by way of the opex
depths.
Labor trouble at the Mammoth side of
the district has been settled temporarily
by the miners giving up their demands
for changes In working hours or wages
The men discharged are TO be taken back
as their services are required
Directors Of the Tintio Central COM
pany are about to the point where the
work now in the property will be discon-
tlnued. The company has been at work
ever since the Colorado Iron Blossom eX-
element, but without any substantial re-
suits.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07
AMERICAN FLAG is
MAKING MILL TESTS

Telephonng from Park City yesterday
Superintendent Lundquist informed Man
the south drift on the new east vein was
looking especially good this week. The
vein branches in. this direction and the
right fork show a tendency to fiat
branch carries from one and one-half to
three feet OF high grade ore. The Flag
finished loading 100 tons OF ore yester-
day.
The management of the Flag has been
having milling tests made on the low
grade ore in its No. ! vein. OF which
about 10000 tons are developed The
results OF the tests will be given out in
a short time.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07
TRAIL PLANT GETS
PLENTY OF NEW ORE

Shipments Of ore from Kootenay and
Boundary mines to Trail srnelter last
week totaled 6l54 tons. making total
for the year TO date Of 241. .52I tons. In
the SLOGAN district the foremost shippers
were the Standard. ~ tons, and the
Utica. go tons. The No. ! at Ainsworth
shipped 141 tons and the Silver HOARD IN
the same camp sent out a shipment OF
Is tons. In the Nelson district the heaW-
est producer was the Yankee Girl at
Ymir, which shipped 131 tons. Produc-
ton of the Kootenay districts shipping
to Trail was. Nelson-Week, 11Bo tons,
wear. 52.s31 tons. Lsrdeau-Year, 332
tons. Rossland-Week, 1851 tons; year,
165,432 tons. East Kootenay-Week, 318
tons; year, 24,604 tons. SLOGAN and
Aims nsworth-Week, 3022 tons; year. 49,
142 tons.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07
STEWART MILL IS
NOW GOOD ENOUGH
President Heinze Says That
: Company Has Other Plans
on the Tapis.
WANTS NEW TERRITORY
Auditors Report Will Be Sub
mitted at the Coming
Annual Session.
WANTS NEW TERRITORY
Special to The Tribune.

Special to The Tribune.
WALLACE, Ida. Sept. 6.-The annual
meeting Of the stockholders OF the Stew
art Mining company. which was to be
held at Kellogg on August 90. was post
poned until Monday. Sept 2e. the stock
holders present voting in favor OF this
plan After the meeting was called to
order w, e. Cullen OF Spokane. one OF
the directors Of the company. announced
that it was hoped to be able to present
complete report OF the years work at
the meeting. but that the auditors were
unable to complete their examination Of
the company's affairs before the end of
this month. He suggested that the meet
ing be postponed until such a time as
the report would be available The sug-
gestion was adopted without dissenting
voice,
Mr. Cullen confirmed the statement
made last week in these columns, to the
effect that the Stewart company, con-
trary TO rumor would not build mill
on Big creek wheer the company owns
a water. right. He said the rumor was
absolutely without fundation and that the
project was not even concontemplated A
further denial OF the rumored plans OF
the Stewart company was made by r
Aug Heinze in an interview given In
the east. who said:
We are looking far ahead. The
stewart InlnS Is not going 10 last
forever. No mine ever does and we
contemplate amending the articles of
Incorporation so that the Stewart
company. Ii necessary, will be in
position to acquire new properties.
The directors want to keep the Stew
art company going concern. Pros
poets and developed mines frequently
have been offered to US, but ct this
time no purchases are under consid-
Grafton. ! never have heard anything
.oout the directors planning to build
mill. either at Big creek or any
other place, and I am confident they
have no such intention. Present mill
ing facilities are satisfactory.
The first 100-ton unit of what will be
a 500 ton capacity zinc plant will be
ready for operation within few days
at the Federal company's Morning mine,
near Mullan. The first unit Is practi-
cally Identical with those now in use at
the Green ill-Cleveland and Hercules
miles. and Is being constructed under
the plans Of George Wyman. tine inventor
OF the process which has been so sue
cessfu since its installation in the local
mills
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07
Mining From Rsssvs

Optimism Is q -
ton. but an ovgAt j
IT'S poor policy % T1
is entirely dv h'n 4
water. Or, to bz-sH
from the mines Il tns
poverty 10 take OF 81
faster than Il !s hz q
Mark this: Ch ~
It's reserves Il y @'
OF It's mineral On y
Into view. Il Is si77 /
II Is developing. III
We might oytT'a ~
the p,ospectO's Nv ~
difficulties encoTus
companies siisz5
promising pro'Ps,N n
Ignore the dsrs!es
thar las been De III
dustry II Other T's -
when merchants 80
tessional men 10 80
sloof from mlnilf :,
maintain an sIcla.S., I1'., b
ward such lnyt'i,5;A.,, -
Is more than es
threatening. sita ~ z,
sentiment al boz. =. NJ
abroad. When es 80,
boldly for The e. -
Visibility Of nltI,I !,
natural ,ha. tssI -
distant zpItslls'. -
snce at mining ~
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07
Miners Are Mortal

We have be.o-. ~
turoing reminder ~
men, are mortal ~
hcourishing 70, fsrSS5
OF the great nina !
terlorsted inlo ! 80
proposition. II. g.
the same tate Tt.i
OF Wales, Daltor i r.
Boy, Beck Tune, ar
ers have fallen trss =
tate and are pruss.s
where they ono. al
Why has the hnl,f
and pfosperei dsrgl 8
our once gre.Iesl sd
cause new gsneaticu 4
arisen to replac. d. &
been a normal sas.tz
discoveries and e,,sE
normal succession ~
there would rot b u
son for uneasinesS Eu
TO a sturdy groTs !
vigorous mines v. -
But II We see q CT
less old FOLKS We leis-
munity Is nearing f1
there are but ,ev RI
proportion 10 Ire 81 Y
occasion for fear ttg n
dustN !s on the l5I d
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07
DAI,Y-UDGE MINING COMPANY.

The regular quarterly dividend Of the
Daly~Judge Mining company OF 10 per
cent, aggregating $4,000, being dlvl'
BILE October /, 1918, to stockholders Of
record at close Of business September
20, 1913, on which date the transfer
books will close, and reopen on oc'
tober !, 1918
G. ". LAMBOURNE,
Treasurer.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07
Declaring Dividends.

An Injunction pendente lite Will,
therefore. issue prohibiting the declar-
alton OF further dividends by the
Round Mountain Mining company un-
I'll the above entitled suit shall be
disposed of, but allowing said com
pany to extract and reduce from the
ground in controversy not to exceed
eighty tons OF ore per day or SO much
of said amount as will permit of the
running OF the Los Gazabo mill TO
it's full capacity. provided said COM
pany Will permit one OF more repre-
sentatives of the Round Mountain
Sphinx company, not TO exceed two,
al one time or during one SHIFT, TO
be present during the extraction OF
such ore, such representatives to be
paid by the Round Mountain Sphinx
Mining company. which, however, ON yer
nish any such representative unless
1t shall see fit, The Round Mountain
Mining company shall, in event it
shall extract ore under the permission
era nted, keep an accurate account OF
the same and OF its value. and re
port at the end Of each month to this
court.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07
Do You Fear Consumption

No matter how chronic your couEn covt NJ
how severe vour throat or lung ail'nen'
is, DR.. Kings New Discovery VIII sGts l;fe
stillnan Green of Mallcnitss; s.d CON. CON-
writes: 1.-TWO doctors said l ia" ,ssrs sT~
sumption 81 ard could not i've two two yeanId and
I ~ used DR.. Kings New Discovery ana rs
am alive and well Your money The
funded if i: fails to benefit YOU oids a..
best home remedy for cougns' e0 Zoe
throat and lung troubles; Srh,n,n,. Sriss mn
and s1.00. Guaranteed by ocHIahnst; ocHahst;.
johnson, Drugs. "The Never'"N
tutors. Five (5) Good stores
(Advort!scrncntl
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07
Deal for the Benton.

The Benton property, located near the
Hercules. Is said to be about to pass into
company. This report is based on the
engaged In securing all tho Issued stock
of the Benton. The property. SO far as
the mining share market has been con-
cerned, has had practically no value. but
ut the rate the stock Is being bought UP
1t bids fair to become live issue again.
Concurrent with the activity Of the COM
Panys stock, strike Is reported having
cry was made in the lower tunnel and
consists OF ore having good proportion
Of silver with some lead.
The annual meeting OF the stockholders
Of the Great Western Mining company,
operating property near Burke, was held
here last week. In addition to the cleo
tlon OF officers. F. Gushing Moore. former
charge OF development work at the prop
erty. Considerable ore has been discovered
recently in the lower workings OF the
property.
not for years have such signs OF activity
and prosperity been In evidence. With
the Hunter. Snowstorm and Morning
mines working to capacity and the Ma
tional employing large force In the con-
struction Of Its new mill. added to the
many men working In the smaller prop
critics In that vicinity, II, is taxing the
Ing houses to their capacity TO accommo-
date the business that IS pouring into that
camp. The scarcity OF boarding and room
ing facilities Is just now working hard
ship on the mining companies especially
the National. where IL is necessary for
the men TO go to the Snowstorrn board
Ing house more than a mile from their
work, 10 fird accommodate In ad-
dition 10 this, there exists q scarcity OF
labor. and IL is difficult 10 secure ade-
quate help on the varous enterprises now
under way in that locality.
fiat
two years. the Idora Hill mine on Sunset
peak will start its new mill operating In
a few DAYS. Changes and additions have
been made in the machinery 10 recover
more fully the values existing in the raw
ore. The concentrates and crude ore will
be hauled to Bum station on the North
ern Pacific. and. according To calcula tlons
a profit should be made on the Investment
from the start.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07
Bank Statement.

NEW YORK. Sept. 6.-The statemsnt
of the actual condition Of the clearing
house banks and trust companies for the ne
week (ive days. shows that they ho.o
81. e31. $50 reserve In excess OF legal re-
quirements. This is a decrease OF Sa0h
100 from last week.
The statement follows:
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07
Ore and Enllinn

The ore and bullion report for Satur-
day, given by Mccormick & Co, was as
follows: Ore received SO 600, bullion
shipped. $4,000: total $4,000.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07

Cedar -Talisman. 5000 at &c
Colorado. 1000 at esc,
Iron Blossom. $50 at S1lI,, 30 at 81 10
May Day. 800 at 5sc.
Prince Consolidated. 100 a 39c.
Silver King Coalition. 800 at S3.222
Silver King Consolldat ted. 200 al :l.GO
Sioux Consoiida ted, 200 at 1c.
Tlniic Central, 1000 at lc.
OPEN BOARD.
Cedar -Tallsmau. 10000 al &c.
Colorado. 800 al Ice.
Iron Blossom. goo at $l.20.
Lehi Tintic 5000 at lac
Lower Mammoth 2600 at lSc.
Opohongo. 100 at &c.
Sioux Consolidated. 1000 at lc.
Utah Consolidated. 1000 al lC.
TOTALS.
Regular. 1905 shares for $2O12s5.
Open board. l4.T00 shares for s776
Total. 30135 shares for s2S4S9j
WEEKS TOTALS
l13.9$5 shares for SlG.S05.i0
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07
Metal Market.

The metal quotations for Saturday,
posted by Mccormick & Co., were as fol-
lows; Silver 59Ac, lead, S4.75. copper,
15.475.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07
Nevadas in San Francisco.

james A. Pollock 6 Co., investment
brokers, 1863 South Main street, furnish
the following. received over their private
wire Yesterday afternoon.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07
Copper Exports.
The export figures for over two years
follow in tons.
o66. ns6 s2S. sal a2G. sn1

According TO the Fortnightly report,
the foreign visible stocks were still fur
ther depleted during the last two weeks
OF august the STOCKS ss. ks standing on sep
pared with 7sSS6.4S0 pounds on the first
of August
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07
New York Mining Stocks.

James A. Pollock & Co., Investment
brokers. furnish the following, received
over their private wire yesterday after
noon
NEW YORK LISTED STOCKS
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07
European Supplies.

The Fortnishtly reports for a period OF
two years and over here follow In
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07
Boston Mining Stocks.

James A. Pollock &c Co., investment
brokers, furnish the following. received
over their private wire yesterday after
noon;
BOSTON COPPER RANGE.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07
TpE Apt OF PRINTING

Would be lost in Salt Lake II INC pa.t. S
tury we're not in business oo.'. ooontl
Office place. (AdVettiseN1
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07
Is Pivotal Industry

ou. business !. = (. n
rest eat interest ,t.is % =. s
ssEsSiculiursl l.ns. .nss'.,,,ss
msnt Of n',nGI' y. ',,s;:ssf \
1SII'i vii BE- more a. q r. !, 81
INK declines. ! ~, =, ssrsI
l,s the horse v!is'', 7: !, 20
'"T Thsrs car ,; 2 -.
sevelopmsnt, 90, y 1,l.<2
parsiie ppsnsion IN Uha
tivity I
Ore grsl
III. Utah orr So y
SATURDAY rsls,,''r .sr, no ~
Utah. two v!a ss's AS.
The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, 1913-09-07
NEW N|lI| la
Be- l||||]|
Utah in Dawn, |
Ore Reserves |
ing Fp''p, \
MINES Aso |
Reminder A Ill
| 'p's VIII asI
| Espsdi.saI

pA1s, In ta, I..,'.,., "e., ~ Il
so seeiation 1'a of u,as a y
sl'y ss Of Of fostering T.. ~
cbi,d Ct "a; ), most tia.I, s
eu,ia eanit.3ia. IN regard to M
nsaaa p"p,'al,sta sS y to asrms ~
Tnsue producers. This IT,!
SoasS,, dsasa;, for 10 ns's ia -
tire stats. '''' Hs
81. The 10 following &C.,
interest: VII ~
~, Feeling '.eu. :
that their stat. s..
a half b,,,lo. ~
IT is The !,Str SStn.' y !; Isa4 =
ing year has ~, ~
dsnai dsssi pIsroduclsa pro y
miss missed with AIN a sss. 4
mat snst this founaI, VI
sometime Gas, = u
I'll It is as il .os.s. ) -
ing that the sip -vT's. v,s. 2
and water lin i.s
IS iG''nas ASSUMED nei b, bran. !, s.
petually and au,o.,s. y v