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jjiii i THE SALT LAKE TRIBUNE, FRIDAY MORNINGS, FEBRUARY 8, 1907. I:
I mi mm ii
mm Mining Fraternity See Little
HI Reason in Attack Upon
HI Mining Industry.
H HOW HOUSE BILL IS
H REGARDED IN ZION
II False Representation Is Bad,
II but Remedy May Be Much
HH Now ilia i. t ho Legislature of ihe
HH Slalo of Utah is contemplating tho re-
HH slriction of so-called wild-cnlting,
HH placing tho promotion of mining coni-
Hl I panics hencnth tho care of statute, lo-
flfl i cal milting men are wondering to what
HH extent, the members of tho Legislature
HI deem it wrong to allow the general
HI public to share in a mining proposition.
MB Thero is a diversity of opinion in local
HH circles regarding the act of making
HI public tho merits of a property, its pos-
HH sibilitics nnd tho hopes and aims of
HH tho organizers, and it. has been pointed
HH out that unless tho aim is true, a great
HH deal more than tho target will bo hit.
HH Several prominent mining men wore
HH asked Thursday what they thought of
HI n mn Prcvcnt M'0 promotion of com-
HH panics. Among them was J. D. Wood.
HH Wood does not stand for fraudulent
HI promotion to any degree, whatever, yet
HH lio docs emphasize- tho importance of
HH the correction to be appliod. Mr. Wood
RH ; f-tatcH that no man can look into the
HH I ground and tell if thero is a miuo be-
HH ' neath the surfneo or not. A man may
HH fail with the first dozen claims to win
HH all back with tho thirteenth, In case
RH J ho finds the burden of development cost
H I resting too heavily upon his shoulders
H and tfesires to secure assistance ho
H should bo allowed to point, out. the fact
HB of location near to or adjoining somo
HI producing property and its possibilities,
HK in tho hope- that his own property will
Hi result as well.
HV Few mining men will doubt that
HI false representation is bad in any case,
HI and some ask why should mining ,bc
HI singled out any more than any other
HE industry. Tho mining industry is not
HI tho only ono where misrepresentation
O is indulged in. It is within the range
HI of practically' everyone who has to deal
HI with the multifarious incidents of the
HI ordinary business life that misreprescn-
Hl tation from the merchant to the mnn
HI with a lot of ground to sell is to bo
HI expected oftentimes and often ap-
HI plied liberally. It is human nature to
HI be optimistic over something ivo want
H to sell. So local circles aro -wondering
HHa why the mine owner or operator should
HV be cn Prson nt more than ten
Hf years, and fined in any sum not over
HI $10,000, lor being optimistic over his
HE Jiiine any more deservedly than the man
HI with bad apples, a blind horse or an
HI edge-of-town lot for sale.
HI Another feature pointed out is that
HI the newspapers will bo unable to
H safely to publish a great many items
U of mining news that should he pub-
H lished. Perhaps items squeeze- through
H thai should never succeed in so doing,
HI Oi in its purpose of giving the news
H a newspaper necessarily is forced to
HI credit the informant, and good news
HI seldom is libellous. But if the publish-
1 ers of a newspaper are to be punished
pjl for printing news from apparently an-
HI thentic sources, news that might lie too
mm optimistic for the leniency of the im-
HI prisonment law, then the 'law is a bad
HI one. and should not .be given support
I by anyone. It was stated by ono min-
I iug man of this city that ialse statc-
I inunts made with intent to deceive,
HI while wrong, nearly' always bear upou
I their face the brand of fraud, and aro
I an open warning to all who see. llis
I advice to tho purchaser of stock is
I simply "Take care," look before you
HI 'l'5'P ail(J u'nc times out of ten 'the
I average man will do very little jump-
pjl ing into trouble or loss.
IEZVIPIEE STATE ORE.
Salt Lakers Make rind Upon Property
in Fairview District.
Good news from Fairview was re
ceived Thursday by Salt Lakers inter
rsred in the Empire State of Nevada
Mining company. Several very fine in
dications of late have been i'ouud by
Ihe management, and in prospecting the
surface recently ore that ranges around
$37.50 per ton has been founaV This
finding has greatly encouraged the of
ficials of the company, and tho cam
paign of development work recently
planned will bo rushed forward during
the present season. The Empiro Stulo
tompany practically is a Salt Lake organization.
I Ore and Bullion.
Tho ore and bullion receipts for
Thursday, given by McCornick & Co.,
were as follows: Ore, .$32,000; bullion,
Wc respectfully call your
H attention to tho Trust Com-
pany method of banking as
applicable to idle funds v
Hj awaiting investment.
B' WE FAY
3 Of on Oheckins
HI on Savins
HH O Deposits.
mmm (Xf on Mortgage
HB; J O Deposits.
WML Salt Lake
HHi 6EOUEITY AND TRUST
HH ' COMPANY.
HK' Security and Trust
HHI 32-3-1 Main Street,
R Capital and Surplus
Tribune Agcnta In Novada.
Coploi of Tne- Tribune will be found oa
lo In Nevada at the following:
Deattr Mark k Haneook.
Ohorir Creek Qrtr b Oolllni.
Oallente John Shelr.
Delcmar M. O. Kelly.
Ely Thomoi O'Dalorlch.
Eureka Erneat H. Man.
Goldfleld Frank -Lanilitrom, Hunter Ait.
Gold Butte W. El Gharp.
Lai Vcgaa P, P, Shannon, 6. h. Naws Co.
Manhattan Nelson !t Roundarell.
Reno Roionthat tt Arroanko, Shepherd &
Hhyollto Sam Spetra.
Tonopah W. H. O'.Neltl. A. H. Bonn
II. flhrrman A OJdfather.
DAY ON 'CHANGE.
Higher Fricod Stocks Have Inning on
Exchange During Thursday.
On Thursday a total of 52,770 shares
passed hands, representing a market val
ue of $H.G51 G5. The higher priced stocks
Imd their Inning, Daly ,7udgo. Columbus
Consolidated, Colorado Mining, Nevada
HIIIh and Lower Mammoth being active.
Among tho unlisted stocks the most In
teresting development of the day was tho
sale of over 300 shares of Ncwhonsc at
$10,121 per share; Standard Copper aold
for $1.20; Bingham Central brought $1.70;
Western Nevada Copper Hold for S1.-17!
high nnd $1.45 low; United Bingham sold
to the extent of soveral thousand shares
at 5 cents a. share; Western Pacific
brought 21c. "or Copper Clnnce, 27Jc
was bid; Cedar Extension was offered
at 21c; for Ohio Copper $5 was bid and
$5.40 njikod; Keystone was offered at ISc;
JSly Witch was offered at $1.G5, whilo
$1.G2J wok bid; Hnnnapah was offered
at 15c; Mason Valley was offered at 2.50;
Ohio-Kentucky closed $! GO bid nnd 5-1. S2J
asked; Yerington Copper was offered at
70c; for Thompson. 294c was bid. ISurcka
Swansca Extension was offered at ISc
and for It 10c was bid. The quotations
for the listed stocks closed as follows:
I A. M. j P. M.
I Bid. lAsked-H Bid. jAskcd.
Albion . . . ? .SO $ ? $
AJnx .".71 ..IS .37 ,3S
Allco .. .. f.,50 S.00 -
Black Jack .70 .SO .73 .74
Bullion B . 1.00 2.50 1.25 2.75
Beck TUn . 1.77J 1.S0 1.75 1.S0
But IJb .. ,0G .10 .00 .10
Cyclone , 03 .031
Con Mcr .45 .50 .47 .51
Carlsa 55 .58 .55 .GO
Century ... .35 .55 GO
Colo MIn 2.20 2.25 2.20 2.25
Creole .. ..J 50
Daisy An 20 20
Daly 2.55 2.80 2.55 2. SO
Daly-J 11.00 11.50 11.00 11.25
Daly W . .. 18.50 IS. 50
E & B B.. 2.00 3.50 2.50 3.50
Eagle's N .27 27J
Gd Central 4.75 5.20 4.75 5.05
Goldfleld D 2.25
Horn Sil .. 1.50 1.50
Ingot 043 -05i .05 .05J
Joe Bow .. .02 021 .03
Lou Dillon .20 .24 .101 .25
Little Bell 3.00 5.75 4.50 5.75
Little Ch.. .14 ,15$ .14 .lfi
Low Main . 2.20 2.25 2.20 2.25
Mtn Lake .8G .SS .So .S7
Mammoth . 1.40 1.90 1.40
May Day . .22J .23 .21 .23
N IT rior 22 22
Nov Hills . 3.77A 3.S2S 3.75 3.90
Nev Fair .. .20 .25 .211 .2G
New York . .20 .23 .20
Ontario ... G.00 7.50 5.50 7 50
Rich-Ana . .07 .10 .07 .10
Selby Con ........ .75
Stray Dog .49 50 .51
ScotCh ... .0G1 .0SJ .0G .07
Swan 37 .10 .3(5 .37
S Troughs .82 .SI .SG ,90
S Swan ... .10 .10J .09 ,10J
Sacra 09 .10 10
SII King .. 20.00 22.00 20.00 23.00
Star Con .. .25 .29 .25 .27
Sll Shield . .12 .14 .12 .13
S Col Con . 1.90 J .02 1.90 1.95
Tetro ll .13 121
U States ..( G2.50
V S Crtn .. A .42 .11 .42"
Utah Mine 1.95 2.00 1.95 2.00
Victoria ... 2.90 3.50 2.95 3.35
Victor Con .11 .12 .11 12
Wnbash ... .25 ..35 .23 .35
Yellow n .. .13 .16 lfi
Yank Con .40 .11 .39 ,41
Ajax. 40 at 37c.
Carlsa, 200 at 5Gc; 200 at 57c.
Lower Mammoth. 100 at $2.20.
Nevada Hills. 50 at 53.85; 1100 at ?3.S24.
Stray Dog, 100 at 51c; 300 at 50c.
South Swansea, 1000 at 11c; 1000 at
Mountain Lake, 100 at 87c.
New York-, 500 at 22c.
South Columbus Con, 100 at $1.90.
Wabash, 100 at 27Jc, seller sixty davs.
Shares sold. 4890.
Selling value, $5591.30.
Beck Tunnel, 100 at $1.77J, seller six
Colorado Mining, 2000 at $.25.
Columbus Con. 400 at $1.85.
Daly-Judge, 400 at $11.12.
Ingot, 1000 at 5c.
May Day. 2500 at 23c.
New York, 1000 at 23c.
Silver Shield, 1000 at 12c.
South Swansea, 500 at 10c.
Seven Troughs, 1700 at S5c.
South Columbus Con, 100 at $1.90.
Shnrcs sold, 27,950.
Selling value, $1S.G95,
May Day, 500 at 23c. 500 at 23c. buyer
sixty days. 2000 at 22 Jc; 2000 at 23c
buyer sixty dajs.
South Swansea. 1000 at 10c.
Black Jack, 100 at 73e.
Cyclone, 050 at 3c.
Colorado Mining, 500 at $2.22.
New York, 500 at 21u.
Seven Troughs, 100 at Sic; 100 at Sac;
100 at 8Sc buyer sixty days.
Shares sold, 8550.
Selling value. $2914.50.
Columbus Con.. 500 at $4.85; 50 at 34.90:
100 at 54.95, seller thirty days; 230 at
Daly-Judge, SO at $I1,12J. .
Lower Mammoth, 200 at $2.20.
May Day, 500 at 22Jc.
South Swansea, 500 at 10c.
South Columbus Con., 200 at $1.875 :
200 at $1.90.
Sacramento, 500 at 9c.
Seven Troughs, 100 at S7c.
Colorado Mining. 300 at $2.22.
Yankee Con.. 100 at 40c.
Shares sold. 11.380.
Selling value. $14. 420.85.
Boston Stock Market.
James A. Pollock &. Co... bankers and
brokers, G West Second South, furnish
fhf fnllnwlnrr Tlnntnn mnnlr n,,n,nln..
eclved' over their private wire yestorcl a y :
I Salgs.l II. 1 Ik I C.
Bingham Con 300" 32 ' 31 "32"
Boston Con 220 303 30J 30
Butte Coalition .... 12,190 38 37K 3SJ
Butte fc London 21 2 21
Balaklala 12$ 12 V
Con Mercur GOO 51c ole 51c
Copper Range 1,190 95i! 91! 954
Cumberland Ely 121 12 l"
Calumet A A 1,170 195 192 193
Daly West , 50 19 laj lyj
East. Butte 1G 15? 1G
Granby 1.115 149 141J119
Greene Con 2,130 31 .111 31J
Nowhouse 1S3 1S1 I Si
North Butte 2,250 1151 1UJ 115J
Nevada Con 50 17a 17J 171
United Copper 650 71 4 70 71J
U. S. Common 1.030 Gl G3J 61
U. S, Preferred 16 15i 41;
Utah Connolldatcrt 1.050 73. 72j 73
Important Mooting Soon to Be Hold by
At the annual stockholders' meeting
of the Eureka-Swansea Extension Min
im; company, scheduled for March -1, in
addition to the usual business to be
transacted on such occasions, tho suoek
holdcra will decide soveral changes of
importance to the company; ft is
planned to idianqo the plncr? or bnsiuess
of the organizal 1011 from Salt Lake lo
Provo, also to increase the capitalisa
tion of the company from .'j'oO.OOO lo
$100,000. The increase to be usod uh
treasury stock Tor u"fjiiirhiK additional
m'epfltv aud for development, mirnoscs. 1
BEGIH RAISING UPON
UH 800Y OF ORE
Columbus Consolidated Will
Probe Fine Resource as
Quickly as Possible.
Word from tho propcrt3 of tho
Columbus Consolidated company Thurs.
day reached the local offices that, the
management had started upraising on
the recently encountered oro body, the
sumo being to tho west, nnd on tho .100
foot lovcl. This resource is admittedly
tho largest over found on the Columbus
property, nnd tho officials expect somo
very satisfactory developments from
the present, won:. General Manager
Tony Jacobsou stated yesterday that
this body is eight feet from wall to wall
where cross-cut, although tho drift has
been run for some distance along the
same without disclosing either tho foot
or tho hanging.
Mr. Jacouson states thai, this oro is
a sulphide, and that it will average
fiO ounces silver. 8 per cent copper and
30 per cent iron to the ton. From it
is anticipated in part tho means to
mako of the coming summer season
tho banner ono for this Alt a organiza
tion. That tho Columbus Consolidated
company will h in a condition to
achieve unparallclod results during 1007
is apparent from tho present plans of
improvement of tho company.
Among theso plans is that for an
ontiroly new road from Wasatch to
the mine. In Manager .Tacobson's re
port, filed at tho annual meeting on
Tuesday, ho recommended this road by
built, as it would permit tho man
agement, to increase their present out
put 100 per cent. It would decrease
both up-going and down freight and
oro transportation airywhero from
$1 to 11 load, nnd it would al
low much lighter rigs lo bo utilize.!
in this service. Mr. .Tacoba r.i states
that a railroad to Waimtch this year
is nn npparout certainty, and he stated
yestordav that within the next two
. weeks, if the weather permits, . he
would begin work upon the new road.
Whon asked regarding tho develop
ments upon tho South Columbus Con
solidated property, over which, as man
ager, he has control, Mr. Jacobson re
plied that the drift was still going
througn the same oro, oponing up ouc
of Ihe banter resources of the Alta
camp. Not only lias this con p:iuy lino
rv.urces in sight, but it his all cf
$170,000 cash in tho tronsur'.
Nevadas in San Francisco.
James A. Pollock it Co.. bankers and
brokers, G West Second South, furnish
the following San Francisco stock quo
tations, recched over their private wire
I Bid. I Asked?
Belmont $ 5.50 5.62i
Cash Boy 10 .12
Golden Anchor .19 .40
Jim Butler 1.15 1.17i
MacNamara G2 .03
Mldwav 2.00 2. 021
Montana 3.95 3.97J
North Star rt. .3S .39
Ohio 20 .22
Tonopah Extension 5.00 5.25
Tonopah Nevada ', ... 17.75 IS, 00
Adams 20 .21
West End 1.50 1.S0
Atlanta SI .S3
Blue Bull 45 .4G
Booth 1 .S7 .SS
Columbia Mountain 1.00 1.05
Conqueror 21 .25
Dlumondlleld IS .51
Dixie 11 .15
Goldfleld ' 1.22 J 1.25
Jumbo Extension 2.45 2.47i
Kendall .50 .60
Laguna 1.45 1.50
May Queen . .27 .30
Mohawk ,. 17.00 17.50
.Red Top 3. SO
Sandstorm '. 72 .74
Sliver Pick 1.40 1 , 12J
St. Ives 1.15 1.174
Natlonul Bank 53 .55
Gold Bar 1.221 1.25
Original .23 .24
Stelnway 22 .23
Consolidated Virginia 89 .90
Ophir 2.30 2.35
Mexican 89 .90
Caledonia 50 ,51
Exchequer 53 .55
Norcross SI .SG
Golden Crown 15 .IG
Great Bend 1.00 1.021
Itcecue 18 .19
Black Butte Extension .... .14 .15
Oro .53 .55
Nugget 11 .13
Nevada 71111s 3.90 4.00
Montgomery Mountain ... .36 .38
Fairviow Eagle 90 1.00
Sunset J .12
Bullfrog Daisy 4Q .42
Sceptre .40 .44
Eagle's Nest 31 .32
Manhattan 15 . IG
F. Mohawk SO .85
Seylcr-llumphrey 10 .12
Dexter , 50 .52
Lou Dillon ...... .21 .25
ICewanos 1.75 1.S0
Gold Wedge IG .17
Vernal 21 .23
Lone Star 33 .34
Great Bend Extension 34 ,36
Great Bend Annex 24 .25
Crescent 13 .11
Cow Boy 10 .11
Denver Annex 2S .30
Goldfleld Consolidated S.50 S.G2!
Black Rock 10 .11
Bluo Bell ' .24 .26
New York Consolidated 09
Manhattan Consolidated ., .S3 .86
Little Joe 05. .06
Mayilower .50 .51
Jumping Jack '. .. ,30
Red Top Extension 40 .11.
Mustang 25 .26
Bullfrog Mining :.. .30 .3S
Fraction 5.00 5.50
Goldfleld Daisy 2.15 2.50
Triangle 55 .56
Tramp Consolidated 1.571 1 . 00
Manhnttnn Combination .. .11 .12
Bonanza 12 .13
Yankee Girl 12 .13
Stray Dog 53 .55
Bullfrog Victor 28 .30
Pino Nut 21 .25
Now York Curb Quotations.
James A, Pollock & Co.. bankers and
brokers, fi West Second South, furnish
tho following New York curb quotations,
received over their private wire yester
day: 1 Salcs.l H. I L. I C.
Nowhouse 1,800 1S3 lSjJ 183
Nevada Con 2,000 178 17 171
To mi. Cop 100 463 IG3 46J
Mitchell 1,200 51 u hi
Ely Consolidated 2,500 2J 2 2
Furnace Creek ....... 500 21 24 21
Cumberland Ely 1,000 12 12 12
Grceno Con 2,000 3H 311 311
Glroux 300 10 93 10
King Edward 500 2 2 2
Nevada Douglas .... 400 7 7 7
Dominion Copper ... 1,000 63 63 03
Nevada Utah 500 43 41 42
Nevada Mines 1,000 oh 51 51
Utah Copper .... 2.000 363 35J 303
Mont Shos .y 12 12 12
The Pioneer sampler released tho fol
lowing number of cars of ore Thure
ilav. Utah S, Nevada 1.
The Taylor and Brunlon sampler re
leased V from Nevada campg and 13
Union Assay Office,
M. S. Hanauer, J. V. Sadler.
152 S. West Temple. P. O; Eos 1146.
WATER IS LEAVING
TIE PROPERTY FAST
Honerine Extension Expects to
Begin Work Again Within
LONG, PATIENT DELAY
HEARING THE END
Splendid Resources Await the
Miner in This Noted
Were it not for tho fact that those
composing the official family of tho
Ilonerino Extension company aro en
dowed witli greater powers of resistance
to misfortune than most people, the
present condition of this property would
be cause for something almost border
ing 011 despair. For several years they
havo wrestled with the difficulties sur
rounding tho development of this mine,
tho greatest Joing the abundance or
water that hinders activity when tho
goal is within sight and actual reach.
But moro daylight is ahead right now
than for sovoral seasons past, as tho
management expects to be actively nt
work again in or next to ore within the
next few days.
It is in tho drift from the GOO-foot
level of the Honerine mino that the
Honerine Extension management hits
found a splendid resource awaiting the
hour of rewards. A few days ago, Di
rectors Charles II. Scheu and M. II.
Walker paid a visit to tho mino, nnd
from a pnrt of the face of this drift,
a sample was taken of tho ore. Assay
roturns show the rock to contain six
teen ounces silver and .$6.00 gold per
ton. Eight beside this character of
rock is that which assays on au aver
age of fiS per cent lead and 72 ounces
silver to the ton. No more ideal resource
exists in all Stockton than this, but up
to the present timo tho company has not
dared to shoot out this rich ore.
The reason for this is that heretofore
tho flow of water has been so great that
there was room for nothing else in tho
drift. The ore body has not even been
crosscut, for the management was afraid
that irreparable damage might bo done
the workings below by the rush of
waters. The relief now in sight is tho
fact that tho constant flow of water is
bocoming much less in volume, and pa
tience only wns required to permit suf
ficient water to escapo for mining opera
tions. It is expected, therefore, that
enough water has been allowed to drain
awa.y to allow work to start at any
Below the present face of this drift
800 feet is the main drain tunnol of the
Honerine company. m Tho Honerine Ex
tension could work its ground from this
lower lovol were it not for the fear that,
too much water would bo lot loose, and
ercat damage be done the drain tunnel.
So the latter nianngement has had to
bido its time 800 feet above. To a win
ing man it certainly is tantalizing to see
so mngnificent a breast of oro before
him, and yet not to be touched by the
miners' picks, especially whon the' mar
ket for lead and silver is so f avorablo to
the producer. Another feature that
adds do the situation is that each foot
gained to tho east by this drift gives
additional stoping ground, and rapidly
The official family of the Honerine
Extension, howovcr, is made up of men
of wide experience in the mining and
financial fields of the West, they are
confldout that in their possessions' they
havo a splendid mine, and that tho long
and patient delay in reaching tho re
sources soon will bo a thing of history.
Certain it is, that when this organiza
tion is enabled to cut looso with their
property, another great producer will be
added to tho long list of Utah mines.
.San Francisco Mining Stocks.
SAN FRANCISCO. Feb. 7. The official
closing quotations for mining slocks today
were as follows-
Alpha Con ...$ .14 Justice . .,..$ .05
Andes ie Mexican 90
elcher 25:Occldental Con. .47
Bet?t & Belcher 1.25'Ophlr 2.35
Bullion . 2S Overman 17
Caledonia 49'PotosI 17
Chal Con 24 Savage 75
Chollar 13, Scorpion 07
Confidence . . .9S,Sa? Belcher .07
C C and Va .. .fiOiSlerra. Nevada. .50
Con Imperial .. ,02Sllver Hill 60
Crown Point . .29lUnion Con ... .51.
Exchequer , . .53 Utah Con 03
Gould &, Curric .26 Yellow Jacket. .85
Hale & Norc. . .S3!
NEW YORK MINING STOCKS.
Adams Con ...5 .15 Little Chief ..? ,05
Alice 5.S71 Ontario , ... 6.50
Breece 25 lOphir 2.25
Bruns Con .. .50 iPotosI 14
Comstock T . .43 I Savage 80
C C and Va . .SO Sierra Nev .45
Horn Silver .1.70 iSmnll Hopes . .35
Iron Silver .. 4.00 'Standard .... 2.90
Lead vile Con.. .05 1
BOSTON MINING STOCKS.
Adventure. .$ 5.25 Parrot . .. 311.75
Allpucz . .. G7.00 Qulncy . .. 145.00
Amalg t'd .. 113.00 Shannon . . 22.871
Atlantic . . 16.50 Tamarack . t55oo
Bingham .. 31.50 Trinity . .. 36.00
Calumet (1 11 950.00 United Cop. 71.75
Centennial . 44.00 U S MIn .. 63.75
Cop Range . 05.00 V S Oil ... 11.50
Daly West . 16.00 Utah 73.00
Franklin ... 28.00 Victoria . . 8.00
jranoy . us. 00 winona . . 12.50
Isle Royale. 31.00 Wolverine 192.00
Mass. MIn.. 8.25 North Bulto 115.121
Michigan .. 22.25 Butte Con.. 38.00
Mohawk 93.75 Nevada . .. 17.00
M C and C. 1.75 Cal and Ariz 193.00
Old Don ... 57. G2J Greene Con. 31.50
Osceola . .. 1G6.00 1
J . LISTING UTAH COPPER.
Rumor That Stock Will Be Placod On
New York Exchange.
.fairies A. Pollock & Co., bankers aud
brokers, 6 West Second South street,
furnish the following, received over
their private wire, yesterday afternoon:
"Now York wires: "Tn relation to
the proposed issue of 150,000 shares
new cnpital stock of the Utah Copper
company and the salo of the same to
stockholders at $25 per share. The
stockholders' meeting to authorize such
increase of capital stock will be held
on February 10. books close February
15, and open February 20. The righis
of stockholders to subscribe for new
stock expires about March 1. It is
reported that Utah Copper will shortly
be listed on the New York Stock Exchange.
The metal quotations for Thursday,
posted by McCornick & Co., were an
followst Silvor, 6S'ie; load, $6; cop
per, 24 c.
J. OBEKNDORFER. STOCe' BRO-KF-R,
161 S. Muin. ToL Boll 792.
LOWER MAMMOTH !S
GETTING SNTP SHAPE
Superintendent Ball Says That
New Machinery Is Being In
Twenty-four hours each day arc de
voted to the wok of installing tho new
mnohinory being received by the Ijowcr
Mammoth Mining company at Tintic,
stated William Ball yestordav. Mr.
Ball is tho superintendent, of this prop
orty, and under his cyo the mino has
advanced from unknown to positivo
quantity during tho past season. Mr.
Ball camo in from the camp for tho
purposo.of conferring with the oflicials
in this city, and ho stated I lint all. do
velopincnt'work of necossity had given
way to tho task of assembling the new
equipment whoro needed.
All tho old machinery has been torn
out, and within two weeks Mr. Ball
expects the proporty to be in condition
for active extraction of tlic magnill
ccnt resources opened up during the
past few months. Ferhaps it is nust
as well that the management could not
expect anything clso to be accomplished
during tho process of installing this
new machinery, as the eloctrical power
needed to run tho property has been cut
off by the slides up Provo canyon.
Tho "Lower Mammoth receives its
motivo power from tho Tellurido com
pany, and the uufortunato slides in tho
canj'on referred to have greatly
crippled the Tellurido company.
Conl at Tintic romnins a precious
quantity at presont, nlthough tho situa
tion is being relieved. The presont
warm wcathor is expected lo put an
end to nil difficulty in securing fuel.
Mr. Ball will leave for tho mine today.
GOLD IN GOBS.
Boy Makes Sensational Strike Be
tween Vernon and Rosebud.
Special to The Trlbun.
VERNON, Humboldt County, Nov.,
Fob. 7. A strike and a stampede. of the
male population' of Lovelock to tho
hills at 12 o'clock at night may result
in the founding of a rich new mining
district south and east of Vernon and
tho Seven Troughs mining district. The
occasion of tho excitement was a
strike as unique and Hensation.il as was
over recorded in tho annals of mining,
which brought to light gold in such
startling quantities that tho whole
neighboring country was temporarily
Arthur Bell and his brother-in-law,
William Brown, a lad about seventeen,
were doing development work on
claims in the hills between Lovelock
and Vernon when the boy shouldered
his piok and shovel and climbed tho
hill into a zone of barron and very for
bidding looking granite. Thinking the
locality favorable for a fortune, ho
struck his pick into the ground and be
gan to dig, Tho pick stuck, and in
wrenching it loose he was startled to
find free gold adhering to the point.
Almost insano with excitement, he
seized the Ehovel and cleared away tho
debris that concealed a tiny stringer
of quartz that was literally 'half gold.
Coarse gold in nuggets and wires and
flakes covered and permeated tho
quartz. A pick and shovel plied by a
lad who was fairly intoxicated with
excitement soon opened up an eigh-teen-inch
stringer of this character.
Boulders of quartz as big as the two
fists a.y revealed, glittering with in
crustations of the yellow metal. A
large broken boulder of this kind was
picked up and the two parts held firni
J3r together by the wires of gold that
passccl from ono to the other. Seizing
several specimens the boy rushed to his
brother-iu-law nnd the two entered
Lovelock and showed the sparkling
treasures to a gaping throng of men.
In a few minutes the large crowd had
quietly oscaped from tho saloon by
various exits. Horses were appropriated
without notico from the livery stables,
and in less than a half-hour men were
racing through tho moonlight for the
scene of the strike. At the discovery
hole crowds gathered and took turns
with the pick and shovel left, by the
excited boy, tiljing their pockets with
the richest oro over seen in a region
that has lately became famous for its
rich ores. Before 10 o'clock next dny
n great deal of country had been lo
cated, nnd subsequent' tents have
dotted various parts of this area and
digging is going on in more than a
score of places. Assay returns justify
the beliel that the area of enrichment,
Ono of the tcsuUs of the excitement
is the sale of the property on which
tho strike was made to Utah people
for tho sum, it is said, of $15,000. The
transaction, however, is kept a pro
found secret. The hole, from which
several sacks of specimens were taken
in addition to the lurgc amount of ore
appropriated by the crowds on the
night following the strike, has beevn
carefully covered up by the new owners,
and a written notice threatens all tres
passers with tho dire consequences of
ORE FROM STATELINE.
Splendid Resources Brought to Salt
Lako From Budding District.
Should anyone doubt the mineraliza
tion of the district of Stateline, I hat
ideal section that can be claimed with
equal right by both the States of Utah
ana Nevada, he would bo convinced in
short order by gazing upon a small
chunk of ore lrom the Big Fourteen
property, displayed in this citv Thurs
day. Tho ore contains gold and silvor,
that one is all too willing to credit bv
looking upon the original rock itself.
But aftor it has been roasted, the proof
becomes all the more positive. The rock
aftor a time in the furnace comes out
completely crusted with silver and gold.
..lust how much of this character of
rock is within the Big Fourteen prop
erty rcmaino for the future to disclose,
but it was stated that this particttlar
rock came from within an cightcen-iuch
streak. Statclino is nn ideal section for
the prospector, and it will be the meocn
for the capitalist as soon as its surface
, has been gone over by this pioneer.
SUIT FOR SNOWFLAKE.
Estate of R. O. Lund Wants Part In
terest in Property.
It was learned yesterday that suit had
boon filed by F. R. McNamee. admin
istrator of tho estate of Robert O. Lund
for a sixth interest in the Suowflako
property. R. M. Johnson is the defend
ant. who latidy was decreed the owiht
of a third inl crest in the propcrtv. The
suit was filed at Piocho,
Scott Crismon, the local mining man.
has returned from Los Angeles. Mr.
Crismon has been away over a month
T. R. Woodbridgo, of the Taylor &
Brunlon Sampling company, is hack at
his desk after several weeks' absenco
in Nevada and California. .During. his
trip, Mr. Woodbridgo was very aick,
but is fully recovered.
Local circles will bo pained to hoar
that M. IT. Ilennessoy, tho well-known
mining man, will havo to undergo an
other operation Saturday. In December
Mr. Hennessey was operated on, and
ho has sufficiently rccovcrod to .allow
tho second to be performed. He is at
tho St. Marks hospital.
I Men's Suits
Values up to $20.00, j
E your choice 1 :
" $1M ji
I The finest Princeton i !
U Suits and Overcoats,
from $20.00 to $35.00, j !
I one-fourth off, Blacks
I and blues included. j
1 Broken line of long I
8 pants suits for boys
I and youths, ages 13 to
I 20 years i I
132-134 So. Main St. I
We are giving special at
tention to the sale of
Sponges, Bath Towels,
Bath Brushes, Talcum
Powders and all requisites
for the bathroom.
Meeting Place for Theater
Between Salt Lake and
If It's Me of Gold, We I
We also do all kinds of Jewelry re
pairing In our thoroughly equipped
shop, which Is run In connection to
our retail store.
You will find everything, most satis
factory here. Try us once and you
will be our steady customer and
J. F. BOES
259 SO. MAIN ST.
35 years' experience In the painting
and decorating business ought to
make a difference and then some.
Sm WIS iX
MADE ON HONOR.
SOLD ON MERIT.
In the homes of moro prominent mu
sicians than any other made.
MODERATE IN PRICE.
BEESLEY MUSIC CO.
TO KEEP IN GOOD TRIM
MUST LOOK WELL TO THE
CONDITION OF TH1 SKIN.
TO THIS END THE BATH
SHOULD BE TAKEN WITH
35 East Third South. :
MRS. E. M. BUDGETT, f
Modern In every particular and up to
J. W. CURRIli, ASSAYER
70 W. 3rd So., Salt Lake Citj
for Stocks and Bo
Private Wire Servwl
New York, Boston 5i
San Prancisco Stock ll
Exchanges. , m
Liberal Advances on aii'I
Listed Securities, i
Jas. L Pollock & Co
6 W. SECOND SOUTH ST. 1
Both Tclophones 575. jl
eWitt B. Lowc&J
12 Weet 8econd South 8 .
Ordors executed on Boston,
York and San Francl.co ExehIna3
Strictly commloslon builneii, 1
Members Salt Lako Stoek and
Ina Exchange. i
Child, Cole & Coj
100 Atlaa Blocki Both Phonei
BUY AND SELL ALL J
UTAH AND NEVADA STOCKl,
Ordora promptly exacutad In bJ
ton, New York, ChlcaQ0, San fm;
claco and Goldfleld.
Mining, Mining Stocks and f
Now open for business In the Ivnm ,1
Bullfrog Mining District, the We-'i1
der of the Mining World. '
Sorrecpondence Solicited Wflta xm
wire us for Information. -I
RHYOLITE, NEVADA. '
Stock Exchange for Rhyollte hai Imm
H. W. I
I own several desirable properties In I
Which I will sell on reasonable Urn
Address me. Vernon, Nev., via Lovltt
JOHN A. KIKBY. B. K. C0I&I
R. K. COBB & CO., . I
MINES, STOCKS AND BOXES. M
Telophonos IncL, 031; Bell, l!0bJ1
17 Wost 2nd South it. aJ
Now mauogemcnt. Ererytblnr itritij(
first-class. Best and quickest unif.
WALLACE F, VAIL, forcurlr r'
Wilson Cafe, and OHA3. H. EEAQif
What stocks may be confidently rtw
mended? . H
Send for Weekly Market Letter,
WM. H. TIBBALS, I
302-3 Herald bldg., Salt Lake. P.
Cfa&s. D- RoohOdgel
MINES, YERINGTON AND
BUD SECURITIES. -K
Rooms 1-5 Hooper Bldg. Bell 'Phi
Frank A. Bird. Charles S. cfS
BIRD- COWAN C0.il
Assayers and Chemlsti, J,
160 South West Temple
Salt Lake City, Utah. m
"JUSTICE TO ALL. -W
Kettles, Mathez & m
ASSAYS ANALYSES -'J
158 South West Teniplo fit., M
Salt Lake City. yBj
SPECIAl CLOTHING Sfljl
Hundreds of Up-lo-Dnle Mens Ji
nnd Overcoats. .Ilk
YOUR CHOICE 55.W' mm
Worth 512.00. $15.00 to K
The best bargains In tM
THE HUB, SO E. FJratJJ;
"ACME QUALITY'' ft
PURE PAINTS Wt
20 Baat First SPjjA,
mates on plnno repairing v mM,
we do rcntlns ond tuning. cV!
NEW YORK & WESTKnS WA'oggM.
No. Ui M-mV-rt St.. neaii3 r