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Hj 8 . THE SALT LAKE TRIBUNE, THURSDAY MORNING-, SEPTEMBER 10, 1908. M
I S KNIGHT IIS
I; Well-Known Operator Readily
I I Talks. About the Many
L Knight Issues.
I COLORADO TO POST
B t ITS DIVIDEND TODAY
I 'Practically All Groups but the
I, Crown Point Now Are on
II Active List.
I . Will Knight, son of Jesse. Knight,
R was in Salt Lako Wednesday morning
I ;ou business connected with the numer
ic ons Knight companies. Mr. Knight
lj readily consented to discuss the affairs
K ' of the Knight organizations, it being
i a Knight trait to answer questions di
ll rectly and without evasion, no matter
I how" it 'miglit affece tho lioldings oi'
i those intimately conceruod.
W . Asked regarding the Colorado dlvi
t deud suits now pending against tho
' company, the smelter aud other Knight
interests, he said:
"I believe it is safe to predict that
the Colorado company will post u divi
dend tomorrow at the usual monthly
directors' meeting. The company has
some money in the treasury, and the
shipments being made to the- smellevs
I both at Tintic and Salt Lako are bring
ing in mouey right along. The Knight
Smelting company is treating the Colo
rado just like it docs anj of its cus
tomers. When the ores arc properly
sampled and accepted the shipper has
the right to, and gets, his money. We
arc not running the smelter on a
"tick" basis. We may borrow money
to buy ores, but we pay for the ores.
I! "We do not regard the suits now
I pending against the Colorado company
1 very seriously. You remember some
1 time ago the same parties brought suit
I against the Colorado for a big sum.
I several hundred thousand dollars T
R forgot the exact amount and you also
I remember that the suit was com-
l promised for a. sum equal to just what
h it would havo cost the Colorado com-
L pany to fight the easo to the end.
''The new smelter is working like a
I charm, and T cpnsider this in a way as
f something wonderful. We have not had
L a freeze-up at all. and the bullion pours
If out; at tho rate of forty tons a day in
j, fino shape. The happy'inaugurntion of
! Smelting in the plant more than cx-
v cecded expectations, for the majority
J of us, excepting Mr. McCaffcrty, of
' course, had never seen inside of a smcl-
tor in our lives,
h ' "We are shipipng ore from the Beck
K Tunnel mine to the United States snicl-
j tcr, and we are running on the level
L from which the greater portion of tho
t Beck Tunnel dividends came, in the e:-
I peel a lion of encountering more line rc-
I sources.' The Beck Tunnel shaft is now
Y down 900 feet, and we expect to be
drifting soon both in the Beck Tunnel
and over into the Old Auierirau terri-
Ion-. Recently we found somo fino
lookiug quartz in the Old American
property, but it did not assay very
' high. We havo concluded that wc arc
not. yet deep enough in this territory.
The new Beck shaft will give u fine
way into tho Old American.
"As for the Blnck Jack, wc arc drift
ing on the IGOO-foot level on some very
good gold ore, assays running to as high
as two ounces gold per ton. But while
this ore is not as extensive, as wc ex
pect it to be, we get enough results to
cheer us on our development way. Wo
have spent more money on tho Black
Jack property thau on ain' other so
called Knight properties. "The group
is a .very largo one, and from it there
J is every- reasoh to expect splendid re
"Tim new shaft on the Tron Blossom
I group" i3 expected to bring us near the
Colorado ore channel, and I believe
I there- can be no doubt of our securing
this ore. The Sioux Consolidated nn-
I doubtedlv has the Colorado ore channel,
and I think enough work lias been dono
to demonstrate this in every way. The
Jron Blossom will make good, depend
, , upon it. I have not heard an3'thing
new lately from the Mountain Lake
propert3 The Mineral Plat group in
' American Fork looks like it will make
. cood in good time. We. are not work-
S ing on tho Crown Point at all uow.
I Within a short time I expect the di
ll rectors of the Uintah Treasure Hill
company will meet and levy an assess-
ment in order to develop tho propcrty
according to plans mapped out, and wc
i hvLve confidence that tho Treasure Hill
will come out all right."
I Oro aud Bullion.
The ore and bullion report for Wednes
day, given by McComick & Co., was as
follows: Ore received, $20,000: bullion
shipped. SI 00,000.
"seven troughs all
net iojo iim
L. A. Friedman Gives Several
Facts of Interest About
General Manager L. A. Friedman, of
the Seven Troughs Mining compnny,
was in Salt Lako City Wodncsdav for a
few hours, on routo from Seven Troughs
to the oast on business connected with
his mining interests. To The Tribuno
Mr. Friedman stated that tho shaft, on
the Seven Troughn tcrritoiy was ap
proaching tho 750-foot lovel, aud ho ex
pected tho management; to begin drift
ing for the oro by next Monday. He
said that the management of tho Harris
lease, operating a block of ground on
the Seven Troughs voins. was cross
cutting on tho 200-foot leovl, and should
tap the ore in a very short time. Mr.
Friedman says it is certain that this
lease will find the Seven Troughs oro
The Kindergarten mill is operating
twelve hours daily, a shipmont of bul
lion being mado each week. On Tues
day 3G00O worth of vollow metal was
sent cast, from the mill. The now hoist
on tho Kindergarten has been received,
and it is scheduled to bogin its work
by next Saturday. On tho Therein prop
erty recently the Tyler leaso broke into
the ore after a long and oxpousivo
search for it. The owucrs havo opened
a fino body of good grade milling ore.
and, now having the ore, they have had
no difficulty in financing their propo
sition, and heavy equipment will be
added at once.
The Tyler leaso is near the Wilnija
lease, on tho latter there being recent
developments of great merit. The
Wilnija lease is now showing a very
gratiiying body of high grade.
The Seven "Troughs district, staled
Mr. Friodnian. is looking better than
ever. The towns are quiet, but all busi
ness, there never having been much of
an excitement in Seven Troughs at any
time. It has been all work, aud good
results have followed.
WALKER SAYS XEYADA
UTAH IS DISAPPOINTING
Georgo L. Walkor, In Ills recent copper
letter, hands out tho following warm mat
ter in regard to the Nova da-Utah com
pany: "Novada-Utali is a disappointment, so
far ns the stock market is concerned;
and as near as can bo learned from West
ern mining men, It Is a greater disap
pointment In tho West than In tlio East.
Of Its three properties, I understand
jioth'lng Is belli? done on tlio Comet,
which adjoins tho Newhouso Minos' Cac
tus group of claims In Beaver county,
Utah. Newhouse stock Itself is a de
cided disappointment, the current free
offerings and poor buying demand sug
gesting that tlio mine is not coming up
to expectations. Nevada -Utah's Last
Chance claim in tho Bingham district
is surrounded by the Bingham Central
Standard. Now England Gold and Copper
and the properties of other companies in
the stocks of which there is no present
market Interest, An effort was made to
operate the Last Chance about two years
ago, but I understand It is now practical
"Some tlmo ago a circular was issued
over, the signature of the president of the
Nevada-Utah company In which it was
stated that tho ore from the Piocho prop
erly yielded 300 to the car of fifty tons.
This means that the gross value of the
oro, or the valuo after smelting charges,
was 5 per ton. Of course this would
not be sufficient to pay anything in ex- l
cess of the cost of mining and shipping
from such a remote point as Piocho. Nov.
in view of this it is exceedingly diflicult
to understand where the value and pros
pects are to be found which warrant
a market valuation of approximately $5,-
I 000,000 for the enterprise. It Is my opin
ion that the market end of the Nevada -
Utah enterprise Is far ahead of the min
ing end. 1 feel very confident that stock -
j holders who will sell at present and wait
for the mines to catch up will have an
opportunity to get their stock back on a
i much more advantageous basis provided
they ever care to get It back at all."
New York-Boston Letters.
James A. Pollock ,fc Co. bankers and
brokers. 6 Wrst Second South street, fur
nish the following, received over their
private wire yesterday afternoon:
Walker Letter. New York. The mar
ket toriny opened strong and active, and
there was good buying In all the active
Issues. The Harrinian stocks were still
the leaders, but later the low-priced rails
were taken up. ICrlc was very strong,
with buying on a big scale. Before the
close prices cased off a little, but ti6 un
dertone was good and traders still tallied
llomblowcr Letter, Boston. The de
mand was rather light, but stocks were
not vry plentiful, and what changes
were recorded wcro for the better. Par
rot was the feature, advancing a point.
Sentiment Is bullish but traders are
waiting for a movement In the New York
market before they will make any hcuvv
commitments. Caution must be used and
the New York market watched for a few
The Pioneer sampler on Wednesdav re
leased G cars of ore from Utah camps.
The Taylor k Brunt on company released
v cars from Utah and 1 from Montana
I I "Florsheim Foot Notes
I' ' 1 Tll6 lid IS ff " I
I Styles -S SH '
I have arrived .iBS3'H
"A fit fof every-foot" 'SIS
' I "A style for any taste' "4s3Si389 j
B i THE FLORSHEIM SHOE COMPANY, 1
H I . 147 Main St.. Salt Lake. 1
Tribune Agents in Nevada.
Copies of The Tribune will bo found
on sale In Nevada at tho following:
Callente John Shier. s
Cherry Creek Grey & Collins.
Ely Ilnrvlllo Stationery Co.; Graco
Faxon: Waldcn & Burnett.
Elko A. H. Cochrane.
Goldfleld Loulo Polln.
Las Vegas Wilson Drug Co.
Ploche A. A. Carman; Plocha Drug
Tonopah T- A. Oldfathor.
Yerington G. E- Leavltt A Son.
Rawhide Mrs. I. Davis; Louis Polln.
Rhyolitc The CreDcent.,,
Bauvard R. Llvormoro.
Cobre Richard Richards.
Columbia B. I. Barlow.
Fallon Black's N. P. Agency.
Lovelock Charles N. Baker.
Mazuma McLean & Dally.
Rono Rosenthal & Armanka; Shepard
Wonder Adams Bros. m
WEDNESDAY WAS GOOD
DAY ON EXCHANGE
Wednesday was another busy day on
the exchange, and stocks held their levels
much better than on Tuesday. Altogeth
er. 74,608 shares of stock sold, valued at
558,405. 75. Tho following were the closing
unlisted and listed stock transactions:
j Did. IAskcd.1 Sold For.
S King Coal. $ a. 00 5 4.00 154 .00 5i?
Daly West S.75 9.l2i
MIn Flat Ill .20 AOyAi -20
Mason Val .. 1.00 2.00 1.00 &
W Qulncy 04 P
U Tr 11111 ... .15 .IS 8
Daly 1.50 ?i
Fed Ely 06 .10 Tj
Ohio Cop ... 3.20 3.T.5 It. 20 (j) 3. 30
Cedar 0SJ .00 .09 ffo
Talisman . . .0(! .OS .06 W
Ely Witch . .26 .35 .35 tt
Old Amcr ... .20 .24J &
W Nov Cop. .35 35 (ft
Utah Mine .. 1.72& 1.S0 l.'2idi
I A. M. II P. M.
j Bid. IAsked.il B'd- jAsked.
Addle ,06i $ .10411? .07 1? .11
Ajax 32 .3ll 35
Albion 30 2S
Alice 2.30 L'.oO
Beck Tun . 1.05 1.12J ' 1.00 1.125
Big IJII1 06 06
Blng Amal. .15 .17 .lo
Black Jack .00 .62 .61 .0o
Bon Brier .10 10
Bullock 07 .09 .07 .09
But Lib ... .0SI .11 .OS .114
urunK loii ii -3
Carisa 31. .30 .30 .33
Century . . .10 .20 .10 .20
Colorado ... 3.75 3.80 3. SO 3.S5
Col Con . . 1.40 1.40
Con Mcr .41 .3 .41
Crn Pt 17 .19 .181 .10
Dragon . .. .415 .50 .4i
Daly Judge. 5.60 6.00 5.60 6.00
Di m HUmp 15 15
Eus Sz B' B .60 .SO SO
Eapr Nest 13 J 1-
E Tin Dcv OS OS
Emerald . . .21 .29 .21 .30
Godlva. .. . .28 .35 - .28 .35
Galena . .05 05 ;.
G C Crown.' 31 31
G Daisy . . -50 90
, G Central . 3.35 3.37 3.40 S.liJ
1 llecla 38 .73- .39 .6
Ind Queen . .11 .15 .14 .lis
Ingot 0H .02 .01 .02
Invo 09 .12 .10 .12
Iron Bios .. 2.07 2.10 2.05 2.07i
Iron Hat .. .031 -0o 05
I Kinp Con .14 ...
J Bowers .. .01 .03 0.5
K "David ... .57 .59 60
Keystone 20 20
K William . .43 .14 .o0
Lead Kins: 06 0i
Little Boll . 1.50 1.50 .......
Lit Chief .. .17J .211 -M -21 J
L Mammoth .SI .S2" .82 .S3
May Dqy .. .43 .41 .43 .4
Mt Lake ... .62 .61 .u2 .b4
Nov British 30 30
Nov Fair .. .02 02i .03
Nev Hills . . 1.30 1 .425
New York 08 .0 .Oil
N Clirt 05 .02, .02
Rich Ana .20 20
Sacinento .1 .02 .00 06
Scot Chief 04i 04
S TrouKhs . .22 .221 .2US .22
S Shield ... .16 .IS .IB .105
Sioux Con . 1.05 1.07J 10. i 1.10
S Col Con . .3S .39 .381 .40
S Swansea .07 .05 ,0i
S Dofe' 011 .08 .01 .07
j Swansea Cn .361 ""81 .39 .39
Swansea Ex 05 ....... .Oo
Tlntlc Ceil. .04J .05 .041 Oo
Tetro 09 .10 .091 .10
Tlntlc SI1 121 .094 -12$
US Con... 1.22J 1.25 1.22 1.25
U States 11.00
U Con Tin. -175 .IS .18 .19
U Mercur 10 10
Victor Con. .10 .11a -305 .115
Victoria- - . 1.30 l-0 2.00
Wabash . . .48 .55 .18 .49
Yank Con . .40 .45 I .40 .43
Ypr Cop ... .071 .09 M .07 .10
Zenoli ... .03 .16311 -10 -20
Black Jack. 300 at (He
Crown Point. .1300 at 1Sc
Indian Queen, 500 at 14. v.
Iron Blossom. 300 at $2,071.
King: David, 200 at 60c. seller sixty days
Lower Mammoth. 100 at S2ci 800 at Sic;
100 at. 79c; '400 at'SOc.
Mountain Lake. GOO at 63c; 700 at 64c.
Nevada Hills. 300 at 51.40.
Sioux Con , 100 at 1.021: 700 at Sl.05;
S00 at 1.10, buyer Mxty days; 500 at
I $1,071; 500 at Sl.05. Bcller sixty days.
South Columbus Con., 300 at 10c; 200 at
39ic; 500 at 39c.
Tetro, 500 at 91c.
Tintic Central. 2500 at 5c.
TTncle Saui. 100 al S1.22J.
Yeriilgton. 1900 at Sc.
Shnres sold, 14.200.
Selling: value. 7232.
Black Jack. 300 at 65c; 400 at COc.
Carisa. 200 at 32c.
Colorado, 100 at 3.S5. buyor thirty days;
COO at 3.80; 200 "at S3.S2J.
Iron Blossom. 2S00 at $2. 125. buyer sixty
days: 4100 at 52.071.
Lower Mammoth. 300 at Sic.
Mountain Lako, 200 at Cue; 200 at 63c,
North Cllfl, 1000 at Sic.
New York, 1000 at Sc.
South Columbus. 200 at 39c.
Sioux. 700 at 1.10, buyer sixty days: 400
Seven Troughs, 1000 at 22c; 200 at 21 ic.
Shares sold, 18.25S.
Selling value, $23,246.75.
Black Jack, 1400 nt 65c."
Carisa. 500 at 3Hc: 500 at. 31c.
Colorado. 150 nt 3.80; 900 at S3.S25; 100
ut $3.S0, seller sixty days.
Crown Point, 1000 at IRic.
Iron BloHHom, -100 at 2.071; 500 at 2.05.
Lower Mammoth, 400 at S2c; 200 at
Mountain Lake, 1000 at 63c; 1000 at 64c,
buyor forty days.
Now York. 1000 at 8c: 1000 at 7c.
North Cllft. 1000 at 24c
Seven Troughs. 500 at 21jc; 1500 at 21c.
Sioux Consolidated, 500 at $1.10.
South Columbus Con.. 200 at 39c.
Swansea Consolidated, 100 at 39c; 700
Tetro, 2000 at 10c; 5000 at 10Jc, buyer
Tlntlc Central, 1100 at 5c.
Uncle Saip, 500 at 31.224.
Utah Consolidated, 500 at ISc.
Victor Consolidated. 1000 at 11c.
Wabash, 200 at 46c; 300 at 47c; 700 at
4Sc: 100 at 49c.
' Shares sold, 24,850.
Selllns: value. 13,095.
Bullock, 2000 at 7ic.-
Black Jack. 2900 at 63c; 200 at 66c: 1000
at 06c. buyer forty days.
Colorado. 100 at 3.85. buyer five davs,
b Indian Queen, 500 at 15c, buyer sixty
Iron Blossom. 200 at 2.071: 500 at 2,10;
500 at 2.121, buyer thirty day.
Lower Mammoth, 2000 at Sic; 1000 at
May Day, 300 at 43ic.
Swansea. 600 at 391c.
Sioux. 1200 nt 1.10; .1500 at 1.121; 1000
nt 1.121, buyer sixty days; 500 at 1.15,
buyer sixty davs.
Utah Con.. 500 at lSJc. '
Shares sold, 17,300.
Selling value, 14,922.
LUDIIE AT BEST
Supt. Areiifz Submits Report of
What Deep Level Is
LOSING NO TIME
BLOCKING OUT ORE
New Find Means Developed
Sulphide Tonnage Soon
Will Be Tripled.
What Superintendent, Sam Arontz, of
tho iS'ovada Douglas Copper Company
calls his best report for many months,
was received by General Manager W.
C. Orcm Wednesday afternoon from
Yerington. This report was significant
and welcome for tho reason mainly thafc
it gave some interesting details of the
work now going forward on the (SoO
foot level of the Ludwijr mine, the work
demonstrating the continuity of the rich
chalcocito ore body from the upper
levels. This oro was shown up for the
first timo last week ou tho G50 level and
Mr. Arcntz is losing no time in open
There are two drifts now following
the oro on this GoO level, one averaging
S.6 per cent copper, while the second has
not been assayed up to the dnto of the
report. This "second face, however, is
being driven against a solid chalcopyritc
oro. and looks to go better than the
face mentioned. Mr. Arcntr. has started
crosscuts both towards tho east aud
west, and, of course, both these faces
are iu ore. A winze being driven from
the 550-foot level is still going into ore,
and should, continue to be in ore until
the next level is gained at least. This
winze ranges from 5 to G per cent cop
per. On the 550-foot level, the management
is still pushing the south drift into ore,
demonstrating daily the greater length
of this rich body. A crosscut is being
driven close to this south face, and
the ore ranges between S and 12 per
ceut copper. In spite of tho extensive
work already done on tho 550-foot level
therefore, tlio real extent of the oro
is unknown as yot.
Mr. Orem states that the find on the
650-foot level demonstrates that within
a short time the management will have
tripled the tonnage of developed sul
phides in that section of the property.
Boston Mining Stocks.
Tames A. Pollock & Co.. bankers and
brokers. 6 "West Second South, furnish
tho following Boston mining stock quo
tatlons. received over their private wlro
BOSTON" COPPER RANGE.
Sales.l II. 1 L. jClse
Blnpham Con (.-... .-I 50cl -jOc 50c
Boston Con 200 13i 12 12
Butto Coalition 910 26s 2b 2C
Butte and London... .t I oOc o4c oOc
Calumet and Arizona io 121J 121 121
Con. Mercur 100f 42c 42c 42c
Copper Rango 200 -S8 iS SJ
Cumber. Ely 10 82 Si Si ;
Daly West 200 0 9 V '
Davis Daly 1.355 23 2 22
East Butte :- -S? Si S
Glr'oux Con oQ -tj 4 4
Granby Con. 10li 101 101
Grcone-Cananca . .. 465 Hi Hi llfl
Nevada Con H2 lb 168
Nevada Utah 6!5 3J Hi ji
Ninlssinc 2.620 S SH SI
North Butto 895 S5i 36J Stitf
Trlnltv -0 135 20
Unit. "Copper, com... 00 11 11 11
U. S. Smelter, coin.. 250 41J 4U llg
preferred 95 40 46 40
Utah Con 0 4 46j 4bj
BOSTON COPPER CLOSE.
Kew 4i 45
Raven 0c 9Sc
Trov ! 4n
Gas 1 7-1C 1
Greene G. and S la 18
proforred S0c 90c
North Lake ii
Adventure Si 82
Atlantic 161 101
Calumet and Hecla 65n 665
Mexico Con ii 4i
Mohawk SB 66J
Osceola H0J 112
Qulncy 93 9
Santa Fe .- 1S 2
Tamarack '4 6
La Salle 14 141
Amalgamated 0 'h
Royalo" 23 23S
Oil -l 26i
Montana C. and C 63
Black Mountain "i 35
Dominion Copper .2 2J
Majestic 66e 67c
S. and P Hi 141
Apex . - 4j 44
Yukon "S nS
First National 61 6S
S. and H 84 SI
Miami Hi Hi
Arizona Commercial ...... 27J 27J
Centennial . 32 33
Michigan . m 1J
Old Dominion W rjg 42J
Parrot 28 i 28 j
R. T 4s 4$
Shannon InJ 15a
Winona 0 i5
I Wvandot . . -- 2J 2i
Utah Copper 44J 453
Zinc' Tr... 26 27i
Corbin . 1 ..-
Now York Mining Stocks.
Alice . 54.00LeadvilIc Con . .08
Breece .05 Little Chief ... vos
Bruns Con 06 Mexican 63
Com Tun Stk .. .21 Ontario , 5.00
Com Tun Bds . .17'OphIi- 1.00
C C and Va ... .SO Small Hopes ... AS
Horn Stiver ... .50 Standard .. .. 1.90
Iron Silver .... I.OOYcl Jacket 15
BOSTON MINING STOCKS.
Adventure ..S' S.25 Mohawk .. 60.00
Allouez .. .. 36.00 M C & Coke ,65
Amal ... 79.371'North Butte. 86.25
Arlr. Coml 27.25 Old Dorn ... 42.37J
Atlantic 16.2.J Osceola, . .. 110.50
.Bingham . . .50 Pnrrot 2S.25
B Coiilition . 66.00 Qulncy .. .. P3.00
Cal&Avlz.. 12100 Shannon .. 15.25
Cal&Hocla. 655.00 Tamarack .. 74.00
Centennial. . 32.00 Trinity . .. 19. $7
Cop Range . 78.25 U Copper .. 11.00
Dulv West . 9.00 U S Mininer 41. 37
Franklin . 13.50 U S Oil 25.S7J
Granby .. .. 101.00 .Utah' 46.00
G-C'ananea . 11 .375 Victoria .. . 5.00
Isle Rovale . -23.25 .Winona .... 6.00
Mas Mln .. 0.50 Wolverine .. 143.00
Michigan . . 11.00
Tribune Want Ads.
Bell phone 5201. Ind. phone 3G0-34S.
JOHN A. K1RBY. R. K. COBa.
R. K. COBB Sl CO.,
MINES, STOCKS AND 30ND3.
Telephone! Ind., 031: Bel(. WO.
17 Weot 2nd South St.
a l ' OAY ACT LAI'TDS """qYCT IA CAREY ACT LAJTOS
I OPENING AND DRAWING, SEPTEMBER 28. 1908. B
I THE OASIS PROJECT W
I A Million-Dollar Enterprise 43,000 acres Carey Act Lauds, Reservoir, Diverting DamS1
raj and Main Carey Canal now completed. 300 days of glorious sunshine. Pure lithia artesiansBf'i
1! water for domestic use. On transcontinental railway the Salt Lake ."Route. Best market uB.
I I the West in supplying mines, mills and smelters. JBa
I & "OUR SUNTjAND," 50 pages, 50 pictures, 2 maps, gives particular information FEfejaHg
I METHOD OF ACQUIRING LAND : TK
j 1 Any citizen of the U. S., except married women, may file on 40, 80, 120 or 16Q acreBcr
i even though he has used his homestead, desert or other right to file on government landft
r Filing on less than 160 acres does not exhaust the Carey Act right. You still have the righftjf
I I lo file on the unused portion. Bi
1 1 Entr can be made by power of attorney. Final proof may be made at any time aftcpBtfi
j I reclaiming one-eighth of the land and within three years. 1BK
30 days' residence i's required during time of making final proof. - i9
a I The purchase of a water right entitles the entryman to a proportionate interest in theBfd
1 1 irrigation works.
I Payment of $5.00 per acre entitles you to register for the drawing, aud you can seudK
I A certified check to the secretary of the State Board of Land Commissioners at any time. ShouldBjf
I j you select land at a higher price, you can deposit the additional amount at time of signingMt
S I water contract. MjiJ
All necessary blanks are ready and representatives of the Oasis Land and Irrigation Co.-Bc
f and the State Land Board of Utah will direct you in every step. W
I THE OASIS PROJECT is the largest irrigation enterprise in the State, aud affords anBS"
jj uncommon .opportunity to acquire a home or an investment on the 10-payment plan. B?
I I Carey Act lands give to the man of moderate means' a Depository under State Control -9j
1 for small sums that combines safety with large profits not possible through-Savings Banks. Vmt
it ,'OUR SUNLAND," just from the printer 50 pages, 50 pictures, 2 maps gives you Bg
1 1 complete information FREE. K
OASIS LAND & IRRIGATION CO., 1
j 15 W. Second South Street.
! IIWEhi MAMMOTH IS
First Settlement From Knight
Company Reaches Salt Lake
On Wcduesda.y tho local management
of the Lower Mammoth Mining com
pany received a check from tho KajpUu
Smeltinc company calling for something
over $1300, that representing tho smelter-net
valuo of the firpt two cars of
oro recently shipped to this compap.3-.
Tho Lower Mammoth has twelve or fif
teen more cars now awaiting similar
settlements, and tho money should be
rolling in steadily from now on. So far
the company has not. marketed 3113 or
tho rich gold oro encountered in one of
the 1600-foot level stppos, but it is
thought tho first consignment of this I
rich rock will be forwarded to the mari
kot before tho end of this week.
John Dern, in speaking about this
gold oro, said "Vcdne5da3- that it was
being looked on by the management in
a sane wa3. The find is not expected to
alter tho nature of the mine, as Su
perintendent Brownt looks on it morcly
as an enriched portion of a developing
ore bodj As .long as it lasts it will
provido splendid values for shipment,
and "Wednesday morning Mr. Brown tel
ephoned that the rich portion .was hold
ing out as strong as ever. Mr. Bern
states that the 'highest assav hfld so
far was secured Tuesday. The Lower
Mampioth company has a fine array of
resources awaiting extraction from the
1400-foot level to tho 1600-foot level,
whilo on and below the 1700-foot level
there is a. ver3" eood tonnage of good
ore for future disposition.
G0LDFIELD SUIT OVER
LEASE IS COMPROMISED
..Tames A. Pollock & Co. bankers and
brokers, 4C "West Second South street, fur
nish the following, received over their
private who yesterday afternoon:
Reno. Nev , correspondent wires: Sid
ney Colvln. Goldllcld correspondent of the
Nevada. Mlnlnp: News', wires as follows:
"A compromise of pending litigation be
tween the Little Florence Lousing: com
I p.my and tlio Floronco Goldfiold Mining
company Is being arranged. By the terms
reported acreed on, Florence surrenders
to Little Florence 117,000 withheld from
royalties due. LIttIo Floronco surrenders
to the parent company 5177,000, represent
ing the value of ore mined bevoncl its
senfic limit?, and withdraws 'its suit
against Florence Goldtleld for 1,000,000
The metnl quotations for Wednesday,
posted by McComick .fc Co.. were as fol
low': bllvor, 5-5c; lead, Sl.60i copper,
Union Assay Office.
M. S. iranauer, J. V. Satler,
152 S. West Temple. P. O. Box 1M0.
.T. OBERNDQRFER. STOCK BRO
KER. 1G1 S. Main. Tel. Bell 792.
F. 14. Davis & Co., stock brokers. -120
D. F. Walker Blrlg. Tel., Bell. 3340.
Grand opening ball m the Udeon,
Thursday, September .10.
J. VV. CURItlE, ASSAYER,
70 W. 3rd ,30., Salt Lake City.
.New York Mining Stocks.
James A. Pollock & Co.. bankers and
brokers. S West Second South street, fur
nish the following Now York mining
stock quotations, received over their prl- i
vate wire yesterday:
LISTED . STOCKS.
1 Ralcs.l H. 1 L. ICIac
Newhouso 1,200 GJ G G
Utah Copper 600 455 15 451
Tcnn. Copper 500 3S 3S 3Sj
NEW YORK CURB RANGE.
Sales. II. 1 L. IClse
Cumber. Ely I 2,5001 Sg Si S?
Ely Con ? 20c 15c 20c
Dominion Copper ... 525 21 2 2i
Greeno G. and S C-1G 1 3-1G
Nevada Utah 1,500 3 3$ 3
Nevada Smelter 400 li 14 U
Mitchell J i J
Olroux Con 200 U 4; 41
King Edward 200 I I J
Tlntlc Mining G oi G
First Nat, Copper 2,000 03 Gi GB
Boston Con 300 13 126 125
Mexico Con C.f.00 1G3 1G 10
Yukon Gold 1,800 5t oi nfi
Mont. Shoshone 11 1 13
Miami Copper 1,000 11? 118 1U
NEW YORK CURB CLOSE.
I Bid. Asked.
Butte and London 50 00
Cumberland Ely SJ S
GIroux Con 4j i
Nbvada Con 162 16g
Nevada Utah 3 3-lfi 3 5-16
Nlplssing Si ft
Newhouso ;. 51 G
Tennesnee Copper .-. SSg 3SJ
Utah Copper 45 454
Davis Daly ;.. . 28 21
Dominion Copper 2 21
Ely Central 3 11
Ely Con 1". 20
Furnace Creek .... IS 20
Greene G. and S., com.... i 3-16
Mitchell 1 J
' Montgomery Shoshone ... 11 1-16
Nevada Smelting 1 li
Silver Queen .' 1.03 1.0S
Silver Leaf 17J IS
King Edward 3 4
Foster Cobalt 51 56
Cobalt Central 41 42
McKlnley-Darragh 'S 15-10 ,
Tlntlc Mining 5 G
Gibraltar 45 G
First Nat. Copner 6 68 ,
Boston Con 125 13
Yukon Gold 5? 5 11-16
North Butte Extension... 27 20
Miami Copper 112 11J
Bay State Gas 21 2 15-16
Penna-Wyomlng 30 32
HOW MIGHTY AMERICAN
SMELTERS HAS FALLEN
One featuro of the week was the very
disappointing showing of the American
Smelting and Refining company. The
price of the stock had been steadily ad
vanced on the theory that thero would
bo some very favorable developments at
the annual meeting, and that some
strong members of the Standard Oil party
would bo nanied as directors. Although
these reports were repeatedly denied, they
wera given such wide circulation and were
repeated so emphatically that Wall street
had begun to believe that tho .smelting
enterprise would be placed on a stronger
footing than it had over been boforc.
For that reason, when the meeting passed
Off without a.ny action being taken to
ward strengthening the directorate, and
when it was learned that there had been 1
almost 51.000,000 decrease In the year's
carnlnga. and that there wap only a
meager balance left available for the
common stock, thoie was heavy selling
of smelting shares, with u rapid decline ,
in the price of the slock. When it Is re- 1
niembcrod how favorably tils corporation ,
was regarded only year ago, and how
high wan tho reputation of those in con- (
trol of its finances, the vicissitudes of
the last half-year arc of almost tragic (
Interest. Boston Commercial Bulletin. .
HAS FINE EQUIPMENT
Llew Humphries, consulting engineer
for the Gunn-Thompson company, has re
turned from Wyoming, where he made
an inspection of tho Gunn-Quoaly Coal ;
company's possessions. Mr. Humphries
states that this Is one of the best coal 1
propositions orio could find In many a
long search, and It Is equipped splezH
for heavy production, with a flnoH
nage of coal available. Tlio mine itM
closed, owing to the Wyoming-McB
coal miners' strike, but IndlcatfdntiW
now that this difficulty soon will bejg
Col. C. E. Loose was a Salt LakelBl
visitor Wednesday. tw
Grant Snyder has returned fromSp.
tic, where he inspected the EurokaMjH1
The Friday Mining company Is Up
local market with a car of ore -whlcBll
average close to 41 per cent lead.BJ
Sydney Norman, mining editor oMfe
Los Angeles Times, is a visitor taSX
Lake City, to get acquainted' withiHM
mines and mining men, iBr
Olaus Jcldnoss. prominontly coniSpS
with numerous Nevada mines, laiRS
city, enroutc east. Mr. Jcldneia iBfl
Ing one of his daughters to BostoaiK.
she will enter college. jJP1!
LOOK AT Jfi
tho biggest and best &nf!n3ftX-Wilil
filing system concern in tho "wKy1
It also means wo nro T. t
Lake agents. Telephone for out.B
scntntivc to call. ,JV'Tt
The Engraving Pccple, ' H
I 52 W. Second South. Phojpspi)
I Commission OrtaKa
1 for, Stocks and Bonds Jfe,'
I cuted in all markets. flkt
I vate Wir-3 Service Nair'TH;
1 Boston and San FrMiift
1 Stock Exchanges. 9"
1 Liberal Advances on
1 Listed Securities. 3fl
6 W. SECOND SOUTH ST
I Eotb Tsleplione 57S. ''
2 Another lot of lunch
now on sale 25c. -jM!1!
Phone 65 for the corrMJ2j
9 Cur uut crrt .B