Newspaper Page Text
8 THE SALT LAKE TRIBUNE, WEDNESDAY MORNING-, FEBRUARY 1, 1911. ' -ft
I 'JESSE KNIGHT IS
Meetings of Governor and Dr.ig
j on Companies Called to
GROUPS IN LINE
FOR COLORADO ORK
Botli Properties Can Better Be
Operated Under1 One
Special to The Tribune.
PROVO, Jan. 31. The Jesso Knight
Interests of Provo arc planning a con-
I; solldallon at Tinllc wlilcli io ot consid
erable Interest to Utah circles. This
merger involves the Governor and the
Dragon properties, and special stockhold
ers' meetings have been called for
Thuisday, March 'i. at which the propo
sition to merge the two companies will
be submitted to all interested.
These two groups of claims cover one
I of the most interesting of the territory
) left for exploration which is within the
Colorado ore channel Influence, the Gov
ernor adjoining' the Iron JSIossom mine on
i the south, while the Dragon adjoins .the
Governor. The ore bodies of the Iron
I Blossom arc making toward the south
and should enter and pass through tlio
i entire length of the proposed merged
territory. In which case the company will
have considerable more along the trend
, of the ore than the Iron Ulossom Itself.
The Dragon Is one of the heaviest
, shippers of ore in Tlntlc, standing sec
ond only to the Ccntennlal-Eurekn,- but
the ore Is Iron al.most exclusively and is
i very welcome at the smelters for flux-
lnr purposes. The company has started
out from the $00 level to find the Iron
Blossom ore system and it is figured that
the two properties can be operated un
der one management much more eco
nomically than under existing conditions.
There could he several ways of operating
the merged territory. The Iron Blossom
workings can. and doubtless will, bo
j continued south into the Governor, and
the Dragon work will without doubt be
maintained. Adjoining the Dragon Is the
Black Jack property, also a Knight
i proposition, with very deep workings,
which might be utilized eventually in
1 securing the required depth on the
, Dragon end.
I CAUSE OF AMERICAN
ZING STOCK WEAKNESS;
1 Local shareholders of the American
Zinc. Lead & Smelter company will be
interested in the following discussion of
this company's affairs by Thompson.
I Towle & Co. of Boston:
I "Tho apparent weakness in American
Zinc. Lead & Smelting stocks of late is
noi due to any property conditions, hut
exclusively to stock market conditions.
Spelter has been following iron, steel
and copper.' and has weakened somewhat,
1 but the American Zinc. Lead & Smclt-
( Ing company la sold up ahead, and even
on present prices the company is earn
ing well In excess of its dividend re
quirements. ' "There has been a recent change in the
Joplln district In the buying of zinc ores,
which has met with the approval of the
management of I lie American Zinc, Lend
& Smelting company. This change is to
buy ores on the basis of spelter, figuring
' the ore at S37 per ton. with spelter at
' 5c f. o. b. St. Louis, and every one point
i advance In tho price of spelter adds to
I the purchase price of ore SJc per ton,
I so that with spelter at J5.30. the present
market, they are paying S39.55 for ore.
Th" tendency of this new method of
l'uvinc ores will be to stabilize tho zinc
l industry, both ' from the pmcltlng and
Ij San rrancisco Oil Stocks.
( James A. Pollock & Co.. bankers and
brokers, furnish the following, received
over their private wire yesterday after
1 Bid. Asked.
Ass d Oil $15.00
Illinois Crude lft I .20
' Monte Crlsto 2.30
Premier 72 ,73
I S. W. fc P. . . 3.00 I
fig Constipation, Torpid Uvor, j
1 Biliousness, Sick Headache and M
1 I all Stomach Disorders posltivoly
and permanently cured by m
I X They clear up tho skin, tono Q
ij up the entire system and make
K you feel like a new person.
U Always keep a box on hand. H
I. ij Nevada Nnws Agents.
J IJnuvnrd A. C. Pence
I Goldfield Louie Pollln.
, Hawtnorne Louie Pollln.
' l Klmberly Sheldon Lowney.
: 1 Lovcloc. Bible Bros.
Midas Mrs. C, A- Harrington.
1 Rawhide Loulo Pollln.
1 Reno Hotel Golden News Stand: Ro-
tcuthal & Armanka: Shepard & Son.
J Yerington F, M. Burner.
3 Winnoinucca Pcarce & Chase.
; l Cobre Richard Richards.
I J Cherry Creek Grey & Collins.
! 1 i-.ko Wheeler & Co.
I Ely Grace B. Paxton; Harvllle Sta-
i McGIII M. Herman: Waldcn& Bur-
1 5 r.ett. n
,. 3 Rhyolltc The Crescent.
. 1 Plochc Ploche Drug Co.
. j CaMente John Shior; Thomas Him
HM e checking accounts of s
Hj j merchants, manufacturers, firms I
;j and individuals ara cordially in-
j j; vited, with every assurance of i
:'j ; pood service and the most lib- I
HJ j eral terms -lonsistent with j
Hj ? safety. S
Ij j j
S 5 The Oldest Bank in Utah. S
Established 1859. !
ji i Capital- $250,000.00
HOWELL LEASE GETS
GOOD MA ODES
Maxficld Property Via Long
Tunnel Shows Sonic Very
Jay B. Johnson, tho minlnn- engineer,
returned Tuesday morning from tho fa
mous old Maxfleld property of Big Cot
tonwood canyon, where ho and associates
are operating what is known aa the
Howell lease. Ho brings with him some
beautiful samples of galena ore of strict
ly first-class grade, in which conslder
I able gray copper can be seen, whloh
represents tho best grade of rock now
Tho leasers are operating via the main
tunnel, having drifted west from the
1200-foot point and raised on the ore.
Johnson states that, there are fourteen
inches of galena making out into the
hard lime, the richer rock occurring In
bunches as yet. Several tons of the ore
have been extracted and saved, and when
tho contact Is reached tho operators
havo every reason to expect develop
ments of largo proportions.
TRADING LIGHT ON THE
STOCK EXCHANGE TUESDAY
Thero were no Fpoclal featuroa de
veloped Tueflday on the exchange, and
trading was light. Thero is a strong un
dertone, however, that promises to re
tain tho Interest of the public. Stock
prices continue reasonably strong under
the circumstances Tho sales reached a
total of 36,350 shares of stock, tho mar
ket value being $5355.75. The month's
sales totaled 1.073.30a shares, valuo 5212,
R06.49. Tho following were tho closing
unlisted and listed stock transactions:
Opox $ .10 .12
Gold Chain 46 .50
Blng Central-Standard ... .-15 .15J
Columbus Ex 2i
Uintah' Treasure Hill 08i .09
Federal Ely 03 .06
Demijohn llj .13
I Bid. lAsked-H Bid. Asked.
I A. M. P. M.
Beck- Tun ..1$ .17 ? .1SJ $ .18 $ ISi
Bing Amal, .05 .0CJ .05 .061
Black Jack. .09 .10 .09 .09i
Bullock . .. ,01i .03 .011 .021
Camp Bird 04 .001 .02
C'arlsa 12 .20 .12 .20
Codar-Tal 10 10
Cent Mam 10 10
Col MIn ... .351 -3G .35 .36
Col Con ... .121 .M -12 .15
Con TMer ... .03 03
Cr Point .. .05 .05 .05 .051
Daly-Judge 4.50 5.00 4.50 5.25
Drag Iron . .20 .35 .20
E.Cr Ft ... .001 -0l) .001 .002
13 T Con .., .001 00j
E T Dev .001 001 .02
E T G K 00 001
Emerald ... .17 18
Gr Cent ... .02 ,70 .61
Ibex Gold 03 03
Ind Queen . .001 001
Iron Bios .. .SS ,S9 .85 .90
Iron King .. .03 03
J Bowers .. .001 001
Keystone .. .071 -10
K. David .. .01 01
King Wm .. .13 .15 .14 .15
Lehl Tin .. .013 .03 .013 .03
Lit Bell .. .50 .60 .55 .57
Low Mam . .08 .081 .071 -OS
Mason Val . 9.25 9.75 9.25
May Day .. .0SJ .09 .081 .09
Mln Flat .. .001 .01 .001
Mtn Lake .. .031 .05 .031 .05
M Lake Ex 03 03
Mas Mtn .. .29 ,31 .29 .32
Nev Brit 40 40
Nev Hills .. 2.35 2.37 2.35 2.371
New York . .043 .05 .051 .06
Ohio Cop .. 1.80 1.85 1.80 1.821
Opohongo .. .17 .18 . .17 .18
Palmer Oil , 1.20 1.50 1.20 1.50
Ploche Met 05 05
Plutus 05 .05 .05 .05
Pr Con 67 .80 .65 .75
Sacramento .001 00 .......
S Troughs . .043 -05 .043 .05
SI King ... 1.95 2.00 1.90 2.00
Sioux Con . .33 .31 .34 .35
So Col Con. I 09 .13 .09 .12
So Iron B1..I .003 .01 .002 .01
Swan Con . .02 02
Tin Cent .. ..063 .07 .06? .071
Tin Comb . .01 .03 .021 .03
Tin Emp .. .03 .04 .04 .05
Uncle Sam .57 58 I .56 .57
Utah Con .. .03 .03 .03 .03
Vic Con ... .03 I .04 .03 .04
Victoria C . .61 I .62 .61 .65
West Nov . .0611 .07 It .06 .07
Van Con .. .07 .15 II .06
Yer Cop ... .03t .032M .0311 .033
Colorado. 150 at 351c.
Columbus. 1000 at 14c.
Crown Point. 200 at' 5c.
Grand Central. 100 at 6fic.
Iron Blossom, 100 at 88c: 500 at S9c.
Lower Mnmmoth. 3000 at 8c; 1000 at
Mineral Flat. 1000 at 3c.
New York. 1500 at 5c: 200 at 5c.
South Tron Blossom. 1000 at 2c.
Undo Sam, 500 at 58c.
Victoria Consolidated, D00 at 62c.
Shares sold. 10.750.
Selling value. $1829.50.
Black Jack. 500 at 9c.
Beck Tunnel. 400 at 18c.
Bullock. 1000 at 2c
Colorado. 1000 at 35c.
Crown Point. 1000 at 5c;.
Iron Blossom. 200 at 89c.
Little Bell. 200 at 56c.
Now York 1000 at r.c: 4000 at 61c.
Seven Troughs, 1000 at 43c.
Utah Consolidated. 1000 at 31c.
Uncle Snm. 500 at 57c.
Shares sold, 11.900.
Selling value. $1155.
Beck Tunnel, 1500 at 18c, buyer sixty
days; 1100 at 18c.
Cedar-Talisman. 2600 at 10c.
Century. 500 at 4c
Grand Central, 100 at tf4c.
. Iron Blossom, 300 at 89c.
King William. 200 at 15c.
Plutus. 1000 at 5c.
Sioux Con., 600 at 34c.
Tlntlc Empire. 2000 at 4c.
Uncle Sam, 500 at 57c.
Utah Con.. 200 at 3c.
Shares sold. 10.600.
Selling value, $1744.
Keystone, 200 at 9c.
Novnda Hills. 100 at $2.37.
New York, 1000 at 6c; 500 at 53c.
Uncle Sam. 300 at 56c.
Shares sold. 3100.
Selling value, $627.25.
GIR0UX COMPANY KNEW
MUCH BEFORE SINKING
In regard to the Glroux Coppor com
pany an eastern dispatch Tuesday said:
"It may not be generally known, but it
Is a fact that the management of the
Giroux company bofore sinking its big
five-compartment shaft had pretty thor
oughly tcHted the value of tho Alpha lodo
by means of tho diamond drill, the drill
ing being conducted from tho bottom of
the old Alpha shaft at tho twelfth levol
and that the result of thin drilling had
considerable Influence in tho plans of the
Glroux people in equipping the Alpha
workings with the largest and best ma
chinery known to modern mining."
LA GEIPPE COUGHS
Strain and weaken the system and if
not checked may dovelop into pneumo
nia. No danger of this -when Foley's
Honev and Tar is taken promptly. ' It
is a Tellable familj' medicine forall
coughs and colds, and acts quickly and
effectively in cases of croup. Refuse
substitutes. Schramm-Jbliueon. Drug3,
PUN TO DISSOLVE
Secretary Allen Sends State
ment to Stockholders Inti
mating Future Policies.
IS NOW PART OF
Company Has Been Operating
for Several Years Past
at a Loss.
J. TV. Allen, secretary of the Alice Gold
and Silver Mining companj'. In accord
ance with a resolution passed at tho an
nual meotlng of shareholders held In this
city, has issued a statement giving the
financial condition of tho company, in
which statement is contained Informa
tion' in regard to the probable dissolu
tion of tho organization. Tho statement
in part follows;
"Tho properties of tho company have
not been operated since 1893. with the
exception of a short period In 1897-1898.
Slnco tho close of operations some ore
has been extracted by leasers from work
ings above water level, but the total
amount received therefrom In royalties
was not enough to pay the running ex
penses of tho company, which showed a
loss on operations for the four years and
one month ending April 30, 1910. of over
"Early in 1906 the controlling Interest
In the company was purchased by the
Butte Coalition Mining company, with
the Intention at somo future time of ex
ploring the Alice tcrrltorv In the hopes
pf finding deposits of profitable ore. Ow
ing to the decline In the selling price
o: metals In the summer of 1907. it was
deemed advisable to hold in abeyance
the financing that would havo been neces
sary In order to prosecute this exploration
work. Meanwhile tho directors were ap
proached by the Anaconda Copper Min
ing company with a proposition to pur
chase tho company's property for 30,000
shares of Anaconda stock and tho pay
ment of tho floating Indebtedness of over
riie proposition was accepted and tho
salo was made as of April 30, l'.HO. and at
a special meeting of the stockholders of
the company held in Salt Lake City on
May 27. 1910. the action of the directors
was approved, ratified and confirmed.
Two quarterly dividends of 50 cents per
share on the Anaconda Block now in the
company's treasury were received dur
"It is the intention of the manage
ment to submit to tho shareholders for
their consideration a proposition to dis
solve tbo company and distribute Its as
sets pro rata among tho shareholders
as soon as it is practicable to do so.
when the plan is ready for presentation
to the stockholders they will he advised
Tho following financial statement Is
given, covering the time at which the
above mentioned sale was made:
ments, etc $10,000,000.00
fire Iosb In 1906 18,056.90
Supplies on hand , 232.10
Insuranco unoxplred 110',4S
Accounts receivable 35.62
Cash In bank 2.S3G.40
31. 1910 $27,748,75
Add loss April
1. 1906. to April
30. 1910 22,385.00
, .. , S10.035.644.4G
Capital stock .$10,000,000.00
Amount du! Butte Coalition
for moneys advanced .... 34,827.92
Taxes accrued 144,00
Accounts payable 672,53
'There are 400,000 shares of the Alice
outstanding to be exchanged for the 30,000
shares of Anaconda now held In the treasury.
PI0CHE MERGER NEWS
Anthony H. Godbe, who has been ono
?,f lU? moat active men identified with
the Ploche district for several vcars. re
turned from New York Tuesday and ex
pressed himself as very much pleased
with the prospects for greater activity'
in that camp. Mr. Godbe Is largely in
terested in Ploche mining properties and
has beon the executive head of Prince'
Consolidated, Ohio-Kentucky and several
other of the larger mines in that dis
trict. With reference to the merger of Pioche
mines which was announced several days
ago, Mr. Godbe said thlB morning that
tho news sent out that the merger had
been consummated was not true. Ho said
that after they got the big capitalists to
gether and the men who had held large
interests In the camp, they learned that
they had a larger undertaking than first
anticipated. Upon the suggestion of some
of the mon who have shown a desire to
get in this consolidation, a plan Is being
devised to work out the merger on entire
ly different lines than were first proposed,
and while this will require a considerable
length of time, Mr. Godbo savs that he
has every assurance that it will bo an
EXCHANGE ELECTS ITS
OFFICIALS FOR YEAR
The Salt Lake Stock & Mining ox
change has elected the following officials
for the year 1911: President, W. J.
Browning; first vice president, W. D
Nobolcer; second vice president TV h'.
Child; third vice president, E. G. Woolley'
Jr. G. P. Norton was re-elected treas
urer and J. A. Shorten again was chosen
Tho committee chairmen wore selected
as follows: Arrangements, R. j, Evans
membership, R. S, TVImmcr; listing, A
15. Jacobs, arbitration, F. C. Dern; rulos"
William H. Tlbbnls. George F. Wasson'
who has nerved the exchange as caller so
acceptably during the past year or more
will continue In that capacity.
Ore and Bullion,
Tho ore and bullion report for Tuesday
given by McCornlck ft Co.. was as fol
lows: Ore received, $10,000: bullion
shipped, $60,000; total. $100.000.
HAVE YOU PILES?
THEN GET HEM - EOID TJNDEE
Blind piles, protruding pijos, itchinc
pileB, are cured with equnl success by
tho guaranteed Internal remedy, Dr.
Leonbardt's Hem-Roid. Tho guarantee
is so broad that it costa you nothing
if you got no benefit. Don't waste any
more time with salvos, suppositories or
other outBido treatment. Attack tho
Hem-Roid $1 for large bottle, lasting
2i days, at SCHEAMM-JOHNSON,
DRUGS, FIVE STORES, and druggists
everywhere. Dr. Lconhardt Co.. Station
B, Buffalo, N. Y., Props. Write for
NEVADA COPPER BELT
Railroad at Yerington Fast
Reaching Out to Nevada
True to schedule tho managemont of
tho Nevada Copper Belt Railroad com
pany completed the second section of tho
road from Mason to Hudson by February
1. Captain Duncan MacVJchio stated
Tuosduy that tho road to Hudson was
opened yesterday and today Is ready for
business. This brings this line to a
point through the mountain pass and
well into Smith valley, twentv-elght and
a half miles south of Wabuska, beyond
which latter point tho line extends for
about three miles to the Mason Valley
Tho line will now proceed southward
to the Nevada Douglas Copper proporty.
not more than eight miles distant. The
captain said yesterday that the first four
miles of grading should not tako over
four wocks' time, whilo the second half
will take longer, but this half Involves
no serious difficulties. Tho third soc
tlon has been contracted and tho rail
road company should be at tho Nevada
Douglns oro bins within ninety days, Tho
weather for this railroad work Is pro
nounced by the captain as Ideal, thero
being no frost In the ground at. all. He
also reports that tho Mason Valley com
pany is making splendid headway in the
smelter Installation, the weather being
all in favor of the work.
New York Mining Stocks.
James A. Pollock &. Co., bankers and
brokers, furnish the following, received
over their private wire yesterday after
noon NEW YORK LISTED STOCKS.
I Sales.l II. I Li. lClse
Goldflold Con 1,900 GE GR G3
Nevada Con 400 1S3 188 18J
Tennessee Copper S00 36 353 36
Utah Coppor 1.S00 iU 448 45ft
NEW YORK CURB RANGE.
I Sales.! H. I Ij. Clsc
First National Cop IX IBI 19
Glroux Con 2,500 7 68 GJ
Inspiration Copper . 1.G00 St 8 S
Miami Copper TOO 1$? 1SS JS3
Nevada-Utah 4,000 IJ U 1J
Ray Central 3,000 13 13 13
Ray Con 1.400 17 163 161
Yukon Gold 4.000 4J 41 44
Chlno Copper 3,000 20g 10J 20&
Ohio Copper 1,200 li II IX
New Keystone 23 28 2S
South Utah 1 i 1
Mason Valley 93 Pi 9$
Braden Copper 4 31 4
Ely Central 1.500 Sc Sc So
Ely Con 1,700 35c 33c 33c
La Rose 1,000 4Z 41 4J
Nevada Hills 300 21 22 28
Mays Oil 4.0001 S7c S2c S7c
Kerr Lake 1.0001 711 71 71
NEW YORK CURB CLOSE.
I Bid. lAskcd.
Chlno $20.00 IS20.12J
Davis Daly 1.37JI 1.50
Ely Central OR J .09
Ely Consolidated 33 1 .35
First Nat, Connor ...... ...1 1.621 1 .875
Glroux Consolidated 6.05 7. 00
Inspiration 8.00 J R . 1 2 J
Yukon Gold 4.00 I -1.12
Miami IS. 50 I 10. 00
Nevada-Utah 1.00 1.121
New Keystone 2.62 2.75
Nipi8slng 10.75" 10.87
Ohio Copper 1.75 1.R7'.
Ray Central 1.62 1.75"
Ray Consolidated 16.75" 17.00
La Rose . 4.75 4. 875
6outh Utah .87 .95
British Columbia. Copper. 6.37J 6.624
Bay State Gas 50 .625
Braden 3.875 4.00
Cobalt. Central OS I .10
Ely Witch 04 .08
King Edward 10 ,12
Mason Valley I 9.50 9.75
McKinley-Darragh I 1.50 1,621
Montgomery Shoshone I .05 .10
Nevada Smelter I .12J .25
Ontario , , 1.00 2. 00
Sioux Consolidated .33 .36
Colorado I .34 I .36
Iron Blossom .84 I .87
Nevada, Hills 2.3751 2.45
Boston Copper Stocks.
James A. Pollock & Co.. bankers and
brokers, furnish the following, received
over their private wire yesterday nfter-noon:
BOSTON COPPER RANGE.
I Sales.l H. ) L. C!se
Butte Coalition 7181 19i 19 I 19
Calumet &. Arizona . 56Sl 51 49 50
Chief Con , 1001 11 IJ U
Copper Range 2071 67 668 661
Daly West 35 31 31
Davis-Daly 50 15 15 15
East Butte 1,7001 12JI 1241 l
Glroux Con 6201 7 631 6J
Granby Con 40 341 321 341
Greene Cananea 611 oil 6
Hancock 30RI ISil 18 I 18
, Indiana Copper 165 12 Hi Hi
Isle Royalo 173 14ll 133 141
Lake Coppor l,25S 3531 341 359
La Rose 840 4X1 42 4J
Mason Valley 93 gj gj
Nevada Con 120 1S3I 1821 182
Nevada-Utah m u u
Nlplsslng J., I 1091 102 103
North Butte I 1,5101 281 27 S1
North Lake I 235 7 I 6 7
5.u?e.,:l0,' & Boston ..I 120 451 45 4
Trinity 70 f j 4 4s
U S Smelter com ... 1,0751 361 353 363
preferred 140I 463 461 463
Ltah Con 16-11 lOll 1011 10
iBonmh 2701 71 71 1 75
.Co" 4551 171 17 I 17
Inspiration I 1.2401 8' 8j 81
BOSTON COPPER CLOSE.
. I Bid. 1 Asked.
Kerr Lake 5 712J $ 7.25
Keweenaw 1 joi o 05
I!?lve,Ua 5-125 125
P"1' 18.75 19.00
OJIbway 7.00 7
Arcadian 7 I
Sf'm"nt 6.00 6.061
c,lno 20.00 20.50
Adventure 5.00 5.50
T'tah Apex 2 50 75
Amalgamated 63.87 64! 12
Victoria 1 S71 1 75"
American Zinc 24 25 "4 7?
Massachusetts 7 oi "l nn
Winona 8 00 I'm
Boston Ely .... " 5
Majestic ; ?5
South Lake s'js cno
Tuolumno . 2J2.
Chemung ;;; Mf
Nevada Douglas 2'00 ioi
Ohio Copper lm7s
The .motal quotations for Tuesday
posted oy McCornlck & Co.. wore as fol
low Silver, 523c; lend, Wo0? copper.
The Utah Oro Sampling company on
Superintendent William Owen of thn
Eagle and Blue Bell company was In
the city Tuesday from Tlntlc? "
General Superintendent R r rnm,
of the Utah Copper company spen? Tues
day at the Garfield plants ofP the company.
Binds YonthB Over.
Al Pace and William Green. South Cnt
tonwopd youths, charged wi h burglary
waived their preliminary hearing before
Justice of the Peace Williams at Mid
yalo Tuesday and were bound over tothn
district court under bonds of siooo Lrh
Unable to furnish ball, the youths wefo"
lodged in the county Jail to avalt trial.
PUBLIC IS TAKING
INTEREST IN MARKET
James A Pollock &. Co.. bankers and
brokers, fumioh the following, received
over their private wlro yesterday after
noon: Paine, Webber & Co. Letter. Boston
The whole list broadened considerably to
day, with certain specialties In distinct
ly good demand. Steel, Amalgamated
and Union Pacific wore activo and strong
er. 'Among the coppers, Lake was tho
leader, selling at 3f3 and closing at the
top. East Butto was also active. There
was more public: Intorost In tho market
than there has been for months, and we
shall probably havo a much better mar
ket before the end of the week.
Logan & Bryan Stock Letter, New
York During tho early trading consider
able realizing was In progress, but offer
ings wore well absorbed and tho list
gained strength under tho leadership of
the Hill Issues, Steel and Union Pacific.
The statement attributed to R. S. Lovett
of the Ilarriman lines. Indicating that it
was tho policy of those properties to ex
pend upwards of S75.000.000 to bo dis
tributed over a period of five j'ears for
improvements did much towards contrib
uting to the betterment In sentlmont.
Tho Steel earnings, published after tho
close, wore disappointing, but it Is ex
pected that the statement of unfilled
tonnage as of this date, which will be
published about February 9. will more
than compensate. Tho advances In a
great many Instances todav were some
what rapid, and wo Intimated in a dis
patch shortly beforo tho close that it
perhaps would bo advisable to secure
somo profits, particularly on Steel.
Gallagher, New York, says: Big market
this morning In Nevada-Utah and Yukon,
on selling by traders. Chlno. Inspiration
and G. Cananea weak and without sup
port. Mays Oil. up 5 cents on Toronto
Hornblowcr Letter. Boston Coppers to
day showed a better demand than for
some time and prices advanced from a
lc'irgo fraction to over a point. The buy
ing was said to bo of the best and trad
ers worked on the long side. Thero
seems to bo a more cheerful feeling here
and commission house business is Im
proving grdaually. Should the strength
of the New York market be maintained
It Is thought we will get It reflected here
and consequently with tho thorough liqui
dation through which coppers have
passed it would seem reasonable that wo
should have higher prices.
The New York Sun says: Steel orders,
a prospect of reciprocity, bond buying
and tho December showing of some of the
railroads have put heart Into speculators.
They no longer look upon the stock
market with tho same suspicion that
they did at the end of December. As for
the public, which is to say the largo
body of Investors and occasional specu
lators that make tho sustaining strength
of a bull market, they are still cautious.
Still there is enough business coming
from this source to be a good forerunner
of what may follow.
GOLDFIELD CON. REPORT
ON QUARTERLY DIVIDENDS
Special to Tho Tribune,
NEW YORK. Jan. 31. Tho Goldfield
Consolidated Mines company reports pro
duction and earnings for the quarter end
ed December 31. 1910, as follows:
Dry tons treated and shipped: October,
25.764: November. 24,956; December, 25,
550. Total. 76,270.
Gross valuo: October. $1,095,815: Novem
ber. $873,406; December, $746,761. Total,
Total costs and lossosr October. $398.
641: November. $284,796: December,
$258,053. Total. $911,490.
Net profit: October. $697,174: Novem
ber. S5SS.610; "December, $488,708. Total.
Figures for December are approxi
mate, because settlements for the month
are not completed. On December 31,
1910, tho company's cash balances aggre
gated $2,524,328. After the disbursement
of the quarterly dividend todav the com
pany's cash balance will show', according
to tho statement, approximately $1,250,-
Novadas in 3an Francisco.
James A. Pollock & Co.. bankers and
brokers, furnish the following, received
over their private wlro yesterday after
noon: I Bid. lAsked
Col Mountain $ .02 $ 03
Jumbo Extension 23
Booth 05 ' .07
Blie Bull 04 .05
Silver Pick 05 06
Blue Boll .01
St. Ives "" ig"
Lone Star o'"
9r, ; 04 '""65'
Florence 1.50 "i'.hs
Comb Fraction 14 .15
Kewnnos 06 .07
Red Hills 02 """63"
Yerington Tiger 06
Grandma 03 ... "
pPH'r 1.225 1.25
Mexican 1,10 1 101
Gould & Curry 17
Con Virginia 76 .75
Hale & Norcross 15 'm
Yellow Jacket 30 " '31'
Confidence 42 .....
Exchequer 14 "is
Union 38 39
Challenge 14 .15
Chollar 29 .30
Montana Tonopah 95
Tonopah Extension 1.025 li05
MacNamara 17 .13
Midway ,16 AS
Tonopah Belmont 6.00 6.05
Tonopah North Star 06 .07
West End Consolidated .. .56 .CO
Rescue io ,11
Jim Butler 28 .29
Manhattan Con oi
Dexter 05 .
Nevada Hills 2.35 ....
Pittsburg Silver Peak 80 85
Eagles Nest 02 .03
Round Mountain 3S
Rawhide Coalition 02 .04
Tramp Consolidated ..... .03
'WILL RESTORE HOMESTEAD
AND DESERT RIGHTS
WASHINGTON. Jan. 31. Second
homesteads and desert land entries to
persons who 'may have lost their rights
through 110 fault of their own tire au
thorized by a bill just passed by tho
The sale of lands reserved for irriga
tion projects, when not so needed, is
provided for by another bill the senate
MOTHER LEAPS TO DEATH;
GIRLS FATALLY BURNED
NEW YORK, .Tan. 31. Mrs. Mary
Cclla .jumped to her death and her two
daughters were fatally burned in a
spectacular firo which destroyed a four
story tenement building at Thirty
sovonth street and Sixth avenue today.
Two firemen were injured in rescuing
occupants of the burning building.
after taking salts or oath art I9
waters did you ever notice thai
weary all gon feeling the palm
of your hands sweat and rotten
taste In your mouth Cathartic
only move by sweating your bowels
Do a lot of hurtr Try a CASCA
RET and see how much easier tho
Job is dono how much better
you feeL eg
dSCAJtSTS too box tot wttkt
treatment, all drnnisU. Blfgcat cUc
tht world, aSlliM doxm a ra&i 4
""deds of fl
yjfi Blaochard leggs fl
than newly iegf orjfc.
S-n BE SURE THEYBE "BLANCH.
J SALT "LAKE.
I GREAT SALE OF
STARTS THIS MORNING,
FEBRUARY 1, AT S O'CLOCK.
The latest strles and qualities at lowest prices wilB
be off ei eel.
People's Cash 1
Department Store I
I 42 TO 48 WEST FIRST SOUTH. m
For Rheumatism and Nervousness
Rheumatism, Nervousness, Neu
ralgia. Backache. Liver and Kid
ney complaints arc caused by ox
cess uric acid. Medicine can only
temporarily counteract tho effect,
while JSlectropades remove the ex
cess uric acid, and all other poi
sons and impurities, from the sys
tem. The result is prompt relief
and a permanent cure.
One man from Pasadena, Cal..
writes- "Elcctropodes cured me, In
two weeks' time, after all other
remedies had failed." Another
from Madison, Neb., says: "Elec
tropodes have dono mo moro sood
than all the medicine I have
No Cure, no Pay
Druggist Signs This Contract
I ; The purchaser of Elcctropodes Is grant
I ed the privilege of returning them within
I SO days, and the purchase price ($1.00) ia
I to bo refunded upon the following condN
I tions: They are to be worn according to
I directions for at least 25 consecutive dnj-s.
I and then if not satin facto j-jv to be returned
I in original box. (
I Dnnnrlst'fl Signature
I For sale In Salt Lake City by
I SCHRAMM -JOHNSON. "THE
I NEVER SUBSTITUTORS." FIVE
I STORES, where tho cars stop. Also
I other good DrupRista everywhere.
By mail, post paid, upon receipt of
?47 Los Angeles St., Loo Angeles
State whether for man or woman.
$4.00 Jersey Sweaters
Today niy $2
Seo our spring line of samples to
THE SMART SHOP
55 SO. MAIN.
Many cosy rooms havo had brought
to thom contented, happy roomers, who
have beon introduced ,vfa Tho Tribune
want ad routo. It's on easy matter
send a want today or phono Boll 5200.
Start The Day RigH 9
Feel Keen, SpintedrM
BATHE WITH jjg
It gives your skin an eshlIaf .'JB
makes every poro rcspo nvJivgH
All Grocers and DraHM
"You Want WiiatTH
Wo deliver ""ffiS'iiB
Springs or Hiawatha i
your convenienca and gu
isf action. JrrivniHt
YOTJ TAKE NO rtB
Federal Coal m
160 MAIN ESf-JE
T. J. 0 1 BBliJN, Oen. SJA
Moderate Cot Be,$r$$!R
THE PILGRIM TOURS. 0OS)I