Newspaper Page Text
8 THE SALT LAKE TRIBUNE, FRIDAY MORNING-, FEBRUARY 17, 191i,
II GOOD CHANGE BY
j Several Companies Carre Their
j First Profits Ont of the
! Hard Times.
! NEW POLICY IS ADOPTED
WITH FORTUNATE RESULTS
! ! Idea of Gigantic Tonnage Aban
1 doned in Search for Qual
I While such propositions as the Utah
Copper company necessarily depend upon
gigantic tonnages with which to meet
dividend requirements, not nil Bingham
organizations are capable of profiting
ly following the same line of endeavor,
which experience has pretty woll demon
strated. The old Bingham Consolidated,
for Instance, kept up a steady demand
j from Its Commercial and other proper
ties for heavy tonnage to keep its smel
1 tor going,- but it lost money. The old
i Commercial mine today Is netting a.
splendid profit by reducing Its dally ton
nage, but shipping a better grade of
Another striking Instance of this groat
f ' change in Bingham is the Yampa. Sev
j eral months ago the company was com
pelled to shut down Its Bingham smelter
owing to the low price of copper, and
' io the additional fact that the mine was
i being called upon for a greater amount
of ore than U could well supply, A
three-year 'ore contract was entered Into
i with the Garlleld Smelting company,
and the company started shipping at the
! rate of about 550 tons of ore daily,
i It Is said by those who have facilities
fur ascertaining facta that General Man
i ager J. W. D. Moody, who recently took
charge of the company. Is bringing the
. Yampa out of Its difficulties splendidly.
' His management is not only securing
i tl" very best results from the mine in
I i he history of company operations, but
he bns wiped out the Indebtedness and
is making the old company one of the
generous prollt accumulators of the
i The i educed tonnage now being mar
keted relieves the mine from the unwise
, strain to whk-h the company smelting
operations subjected It. and the daily
'. shipments are cf a sufficiently satlsfac
ory copper content that the company for
The Hist time In yours can look a low
' priori copper mnr,-v' square hi the face
I and never blink rn eye. With an im
! nrovement in the pr' o of copper a very
1,-onerouK tonnage of orf not now avall
1 able will become a marketable product,
i The Yampa affairs, therefore, wear tholr
most favorable aspect for many years.
I The experience of these sulphide ore
shippers simply proves that tonnage in
1 their case Is not the first consideration,
the trimming of sails to meet conditions
f bringing them safely Into port during
one of the stormiest copper periods cx
I petienced In several decades.
I HALIFAX COMPANY TO
j j - BEGIN OPERATING SOON
Just previous "to the departure of
David Keith for Nevada he stated that
ho would visit Tonopah and see what
arrangements could be made with refer
ence to starting up operations at the
Tononnh-Halifax properties, which are
owned a'most entirely by himself and
.Senator Thomas Kearns. Word has Just
hec.n received from the camp that Mr.
j Keith has held conferences with the light
' and power company of Tonopah and that
I Miev had practlcallv agreed upon terms
i bv which power was to be orovldod for
operating ihe plant at the Halifax. Mr.
Keith departed for San Francisco after
completing arrangements with the light
I company, whero he Is to confer with
The first thing to be done by tho own
ers Is the purchase of a new hoist,
i pumps and other equipment which will
be essential to the deeper mining that
has been planned. The company owns
a large group of claims which adjoin the
famous Belmont ledge, and In the early
days of-Tonopah they sank a shaft to a
depth of ever HO0 feat. Water was en
countered at this point and operations
were discontinued. Tho Halifax com
pany has decided to develop Its ground
to a greater depth and when the proper
depth has been obtained drifts will b?'
sent out to encountor the Belmont ledge.
y GRAEFENBERQ UTERINE I
has beon curing ft
1 suffering women of their moBt die- I
I tresslng peculiar complaints. "We I
ask weak and suffering women to I
, 1 give tho Catholicon a trial. jj
I A cure will surely follow. H
I All druggists can supply you If 1
1 yours does nob, write us at once. I
fl THE GRAEFEXBERG CO. 1
iH g 111 Chumbcrs St., N. Y. I
PJH , jl Ti "II ktmn irin3tlC Health fot, pMtptld fir IS
1 Q uau, rMti iuit C3Tr rrtl. Thli bo' bi er iOO H
I Nevada Nvrs Agents.
Bauvard A. C, Peuco.
Goldfield Louie Pollln.
i Hawthorne Louie Pollln.
j Klinberly Sheldon Lowney.
'1 Loveloc.- Bible Bros.
. Mldeus Mrs. C. A. Harrington.
Rawhide Louie Pollin.
Reno Hotel Golden News Stand; Re.
1 ernthal & Armanka: Shepard & Son.
t Yerlneton F. M. Burner.
Wtnnemucca. Pearce- A Chase.
, Cobre Richard Richards.
I Cherry Creek Grey & Collins,
E.'ko Wheeler & Co.
, Ely Grace B. Paxton: Harvijle Sta.
' t'oncry Co.
j McGHI M. Herman; Walden & Bur
) Rhyollte The Crescent.
Pioche Pioche Dratr Co,
Cnllente John Shier: Thomas Him
I j Walker Brothers
Hj Depositors Appreciate j
Good Banking Service, j
Hj "We keep in close touch with
s uur depositors and clients and I
j supply the best facilitfes for the
j! transaction of their banking
, . business. Checking accounts s
f are cordially solicited,
i The Oldest Bank in Utah,
J j Established 1859.
OPOHOAEGO PLANS TO
President Hatfield Tells of
Large Body Now Being
Whllo tho managemont of the Opo
hongo company is getting the mlno In
shape for largo production, ii sufficient
lonnago Is heing sent to market to pro
vide the funds for mine development,
and a large tonnage In heing brought to
view each day. President William Hat
field was in Salt Lake City Thursday
from Provo. and ho is very optimistic
in regard to the futuro usefullness of
this well-known Tintlc property.
"The length of our ore Is not yot
known," lie said, "but it has bcori opened
for 100 foot thus far along tho trend
and It. will range from fivo to twenty
five feet in width. It has been opened
now for a depth of 300 feet, all shipping
grade, and our plan Is to glory-hole the
ore, snaking It out at the i00-foot level.
We are now 600 feet deep and wjll keep
Mr. Hatfield was on his way to Cali
fornia where he intends to purchase one
of the big ranches In that state. He
Intends to spend much tlmo on the coast
from now on. but he will not neglect his
Utah mining Interests,
MARKET REMAINS STRONG
AND BUSINESS IS GOOD
There was little change Thursday in
the local mining share market, public
support not being confined to any one or
any few issues, but It was well distrib
uted round the rail. Business is good,
and tho outlook Is better than It has
been for a year or more. Sales yesterday
totaled 116.G15 shares of stock, value
Tho following wore the closing unlisted
and listed stock transactions:
I Bid. Asked. Sold For.
Blng Cop ? .11! $ .IS $ T2ip
Colum ICx . .l.'ii .21 .20 n .20
Gold Chnln . H .-17 .45 fl
So. Hecla .56 .58 .56 .57
Demijohn . . .101 .11
Nalldrlver .. .15
Opcx 11 .12
IJ. Tr. Hill. .00
King Con 1,25
B. C. - Stan .131
Bid. lAsked.H Bid. Askod.
Beck Tun. 5 .26 $ .2CJ ? ,25J$ .27
Blng A.mal .05 .05
Bl. Jack .. .121 .14 .121 .131
Bullock . . .021 .023 .02 .02J
Camp Bird 01
Cnrlsa ... .15 .20 .15 .20 -
Ced. Tails .031 .101 ,10 .101
Colo Mng. .44 .441 .431 .44
Colum Con .12 .131 .12 . .14
Con Merc. .03 ....... .03
Cr. Point . ..07 .08 .08 .OSi
D - Judge. 4.25 4.50 4.25 4.50
Drag Iron .20 20
E. C. Point .01 .02 .01 .011
E. T. Con. .01 .02 .003 .02
E, T. Dev. .003 .011 .002 .01
Emerald . . .15 ID .22
Gr. Cent. . .80 .S5 .80 .85
Ibex Gold OS OS
Ind. Queen .001 .01 .004 -"1
ingot m , .01
Iron Bios. 1.021 1 .05 1.00 1.021
Jrong King .05 05 .10
J. Bowers . .001 r00J
Keystone .'. .00 .071 - .05 .071
K. David . ... ..15 11
K. William ,131 .16 .131 -16
I.ehl Tint. .02 .03 .02J .OS
Ml. Bell . .52 52 .70
L. Mam'th .121 .13 .124 .13
Mas. Val. . S.00 0.25 S.95 1.25
May Day . .111 .12 . .12 .15
Min. Flat . .003 .01 .003 .01 i
Mt. I.ako . .06 .OfiJ .05 .001
ML L: Ext OS 03
Mas. Mt. . .2 .31 .20 , .31
N'ev. Brit 40 40
Key, Hills I 2. 371 2.40 2.371 2.40
New York .191 -20 .20 .20
Ohio Cop . 1.60 1 .75 1.55 1.75
Opohongo . .15 17 .18
Plutus .061 -063 .061 -.07
Prince Con .66 .72 .66 .72
R. & A 13 .06 .12
Siu'ranient .001...;... .001
Seven Tr. .05 ,06 .05
S. Klnc .. 1.S5 1.90 1.75 1.90
fi. Shield . .011 - OU
Sioux Con. .301 .40 .39 .391
. Col Con .13 .14 .IS I .14
S. I. Rlos. .01 0HI ,003 .01
Swan Con .03 .05 1 .03 .05
Swan Ext ni 01
Tint Cent .071 .071 .07 .071
Tint Com .0211 1 .02 .03i
Tint Emp.' .021 .04 I .021 .04"
l7nr. Sam. I .69 I .70 I .69 .70
rtah Cnn. I' .04JI .043M .011 .041
Victor Con I .031 .04 II .OSi .04
Viftor'o C I .50 .60 II .61 ! .70
w?$t Nv, I .07 .10 H .07 I .10
vank Con. .12 .16 II .13 .17
Tor. Con.. I .03 I .04111 .03 .041
Beck Tunnel, 3600 at 261c.
Black Jack. 1000 at 131c.
Bullock. 6000 at 2c.
Colorado. 4800 at 44c: 50 at 43c; 1000
at 45c. buyer slxtv days; 100 at 441c.
Crown Point. 200 at 9c; 9100 at 8c;
2000 at Sc. buyer sixty days.
Iron Blossom; 900 at S1.05; 200 at $1,021.
Iron King. 1000 at 51c.
Keystone, 500 at 8c; 1500 at 71c: 1500
Klmr Wllllnm. 500 at 13c.
Little Bell. 100 at 52c.
Lower Mammoth, 500 at 121c; BOO at
May Day, 480 at 111c: 1320 at 12c.
Mineral Flat. 5500 at lc.
New York. 4500 at 191c; 45 at 19c.
Opohongo. 1000 at 14ic; 1000 at 15c,
South Columbus Con.. 500 at 121c: 500
at 131c: 1000 at 13c; 500 at 14c, buyer
Tintlc Central. 100 at 71c.
Utah Con.. 3800 at 41c; 4000 at 41c.
Victor Con.. 2500 at 4c.
Shares sold. 62.695.
Selling value, $8777.05.
Crown Point. 6000 at Sc; 100 at 8c.
New York. 200 at 19ic; 3000 at 20c.
Opohongo. 500 at 153c.
Victoria Con.. 300 at 60c. -
Victor Con.. 1000 at. 4c.
Shares sold. 12.000.
Selling value, $1509.
Colorado, 100 at 441c; 300 at 44c.
Crown Point. 1000 at Sic, buyer sixty
days; 3000 at Sic, buyer sixty days; 300
Iron Blossom, 600 at $1,021.
Lower Mammoth, 500 at 13c.
May Day. 3620 at 12c.
Mountain Lake. 1300 at 6c.
New York. 1500 at 20ic; 500 at 201c,
seller sixty days.
Opohongo, 500 at 161c.
, Sioux Con.. -200 at 391c.
South Iron Blossom. 4000. at lc.
Tintlc Central. 1000 at 7ic.
Uncle Sam, 500 at 70c.
Utah Con.. 7500 at 4ic.
Victoria Con., 500 at 60c; 500 at 61c.
Shares sold, 27,320.
Selling value, $3628.90.
Colorado, 700 at, 41c.
Cedar Talisman. 2500 at 10c.
Columbus, 500 at 12c.
Crowri Point. 1000 at 81c: 1100 nt Sic.
Grand Central. 500 at SOc; 100 at 7Jc;
100 at 78c; 100 at 77c.
Joe Eowers. 500 at jc
May Day. 1000 at 12c: 500 at 121n.
Uncle Sam. 200 at 69c.
Utah Con.. 1000 at 43c. buyer ten days.
Victoria Con.. 1000 at 63c.
Shares sold, 14.6P0.
Selling value, S3514.
Kodak Pictures Finished.
Mail -your films to as. tialt LX
Pbcto Supply Co., 177 2dnia street. Es
i duiivo photo doalera.
COPPER TAX IS
Michigan Situation Is Gone Into
by President Shields of
WILL WIPE AWAY
Companies Having Hard Enough
Time in Fighting Low
The proposed tax of half a cent on all
the copper produced by the Michigan
mines is not a matter of purely Michi
gan concern, as tho Innumerable Utah
shareholders of Michigan corporations can
testify "Western producers not financial
ly interested extond their sympathy to
Michigan operators on gonoral principles,
for It Is hard enough to struggle against
low copper prices, where fractions of a
cent a pound mean profit or loss, with
out meeting hostile legislation.
R. H. Shields, president of the Arca
dian company, demonstrates that injus
tice of the proposed tax In the following
,rI am aware of tho fact that there
exists quite generally throughout the low
er peninsula an Impression that tho mines
of the upper peninsula are not paying
anything like their Just share of the
taxes; that the assessments of mining,
properties arc made by the mining of 11
clals themselves; that enormous dividends
are annually paid; that the beneficiaries
are mostly nonresidents of the state;
that, tho state's resources arc being ex
hausted without adequate return, and that
to cure all theso alleged evils there should
bo a specific tax Imposed on the output of
the mines. I am frank to say that this
impression is a result of a lack of knowl
edge of the true condition of affairs in
this section of the state.
"But. results count; and so let us brush
aside for the moment all spcchil plead
ings and oxcusos and sco Just what the
proposed tonnage tax would do to the
copper mines of Michigan. Determined to
ascertain for myself what the result
would be, I secured ihe assistance of Ar
thur L. Carnahan, statistician for the
banking and brokerage house of Gay &
Sturgls, and an acknowledged mining au
thority, and the 'facts and figures' which
appear In the following tables, compiled
from tho official annual reports and rec
ords of tho mining companies, are the re
sult. "Their accuracy is beyond . question,
and they Include every copper property
In the counties of Houghton, Keweenaw
and Ontonagon, embracing tho 'Copper
Country." upon which money was expend
ed or profits secured during the period
therein represented. Since the annual re
ports of the companies for the year 1910
nave not yet been Issued, the figures were
compiled from the last fiscal years for
which the annual reports arc out. main
ly corresponding with the calendar year
1909, which 1b as representative as any
that could bo chosen, and which in the
main show up much more advantageously
to tho mining companies than those of
the current year, from an earning stand
point. "Tho purpose of this tabulation Is pri
marily to show five fundamental tilings,
"First The actual earnings of the cop
per mines of Michigan.
"Second The distribution of dividends
to the public from these mines.
"Third The proportion of those divi
dends returned for new development
"Fourth The actual profit on overy
pound of copper produced during the year
"Fifth A tonnage tax on mines oper
ated at a loss must coma direct from the
Earnings of Copper Mines.
Total "profits" from operations ,
of eight companies which '
earned money $7,949,392
Total deficits from operations
of thirty-five companies which
lost money 3,098,590
Total companies operating, 43.
Net "prdfits" $4,S50,S02
Distribution of Dividends.
Total received in dividends from
seven disbursing companies. . ,?6,70S,430
levied by 9 com
panies In 1910 $1,407,S74
Total sales of now
stock by six com
panies in 1910 1,670,500
Totaal contributed by stock
holders for new work 3.07S.374
Net dividends to stockholders
after paying 1910 levies $3,530,056
Total yield of copper. In pounds, 226.
417.916. Not corporate income of all producing
Net profit por pound of coppor produced,
Net dividends to stockholders after pay
ing 1910 assessment, $3,630,056.
Actual net profit per pound of copper
produced, 1.6 cents.
DRILLING INTERESTS TAKE
A LOOK AT UTAH OIL
President D. B. Dun and Vice Presi
dent VT. M. Dabnoy of the Star Drilling
Machine company of Akron. O., ar in
Salt Lake lnlndlng to establish an office
hero In the near future. Those men are
favorably Impressed with the San Juan
oil fields, and bellovo their companv will
have a splendid opening down there for
their machines. Tho company Is one of
the largest concerns of Its kind In tho
country, and the government Is using
212 of ittt machines on tho Panama ca
nal at this lhn(.
Col. C. E. Loose of Provo was a Salt
Lake visitor Thursday.
President S. M. Levy of the Ely Con
solidated company, haw left for the prop
erty at Ely.
rjeneral Manager Grant. SnyW of lh
Cliff company is at Ophir on one of his
usual visits of Inspection.
A flno strike of oil Ik reported from
the South Side company of the San Juan
Goncral Manager Imr Pott of the
Bingham Mines company has returned
Walter James, mayor of Black Rock
is In the city from the busy south.
General Manager C H. Doolittlc of tho
Blngham-New Haven company spent
Thursday nt tin- property In Bingham.
Tho Bingham Coppor company con
tinues to follow the galena ore. tho face
of the drift showing one foot solid of
shipping material and four feet of
heavily mineralized formation that looks
good for ore at any round.
LA GEIPPE COUGHS
Strain and weaken tho system and if
not checked may develop into pneumo
nia. No danger of this when Foley's
Honev and Tar is taken promptly. It
ia a reliable family medicine for all
coughs and colds, and acts quickly and
effectively in cbcs of Aroup. Refuse
substitutes. Schramm-Johnson, Drugs,
H BINGHAM ROAD
Line Will Not Be Equipped
With Electricity for the
The mooted question as to the electri
fication of tho Bingham & Garfield rail
road line, the new road now under
course of construction by the Utah Cop
per Interests, was settled Thursday by
General Manager D. C. Jackllng. The
line will not ho electrified, at least at
the outset, ho stated to Tho Tribune,
and several Mallet compound engines
have already beon ordered. These lo
comotives are among tho most power
ful of their type over constructed, ex
actly suited for the task of climbing the
Oqulrrhs from the mills to the mines.
The road Is well advanced and should
bo ready for commission on schedule
time. The winter months are heing de
voted mainly to sending the various tun
nels through the hills, and the coming
warmer weather will line tho road with
outside workmen who will make quick
work of the remainder of the task.
"When completed the line will bo not only
one of tho busiest roads In the state, but
one of tho scenic lines as well.
PREPARING MARKET FOR
SUPREME COURT NEWS
James A. Pollock & Co., hankers and
brokers, furnish tho following, received
over their private wiro yesterday after
noon: Paine. "Webber &. Co. letter. Boston
Tho market continued dull for most of
tho session, but toward the closu the lo
cal coppers reacted slightly In sympathy
with New York. Lake sold off to 36.
North Butte to 2SJ. East Butte to 129.
but the volume of trading was very
small. There was nothing definite to
account for the break In Now York. Sev
eral rumors wore set afloat by the bears,
such as the death of Rockefeller, an un
favorable report to come from tlfe In
terstate commerce commission on Mon
day, etc.; but to us, tho movement looked
like an attempt to cover short slock In
anticipation of tho supremo court's de
cisions, which will be rendered bofore
LiOgan & Bryan stock letter, New
York The market was under heavy
pressure during tho greater part of to
day's session. Various rumors wore in
circulation of a disturbing character, but
official confirmation in tho majority of
Instances was lacking, and the declines
appeared to be primarily duo to the de
sire to lighten accounts beforo the re
convening of the supremo court. The
street has been preparing for many
months for that which Is expected to
occur next week, and, therefore, con
siderable uncertainty Is not unnatural.
As Indicated In recent advices, we feel
that a neutral attitude should be as
sumed and conservatism exercised espe
cially during the next few days.
Gallagher, Now York The market was
lower and very dull. Conslderablo sell
ing of Ray Central by Philadelphia and
traders. Amorlcan Tobacco and Stand
ard Oil were strong and steady. The
closing today was at tho lowest.
Tlornblower letter. Boston Although
there was conslderablo weakness In New
York, It did not seem to affect the cop
per shares, to any extent. This would
seem to reflect tho sold-out condition of
coppers. The closing was a little soft.
New York Sun says Today's mar
ket was on the down-side. Heavy fea
tures wore Consolidated Gas. Lehigh
Valley. Reading, MiFsourl Pacific, Wa
bash preferred and Union Pacific. The
movement of prices was only such as
might have been expocted to encourage
those speculators who had boen waiting
for a reasonable reaction on which to
renew or extend long commitments.
COLORADO PREPARES FINE
SHIPMENT RICH ORES
Rumor has been very busy with the
Colorado Mining company for several days
and reports were boiled down to the
point Thursday to tho effect that a ship
ment is being prepared which will demon
strate the ability of this old dividend
payer to come back strong. It is said
between forty and fifty tons of ore have
boon extracted from the rich streak north
of the Sioux lino, which ore Is valued at
close to $1000 per ton. "While this lacks
authoritative confirmation, there arc
many who. In tho light of the past per
formances of tho company bellcvo that
there Is abundant foundation for the re
port. Boston Copper Stocks.
James A. Pollock & Co.. bankers and
brokers, furnish the following, received
over their private wiro yesterday after
noon: BOSTON COPPER RANGE.
I Sales.l II. L. Clse
Butte Coalition 100 IS IS ISt
Calumet & Arizona.. 116 52i 52 52
Chief Con :. 14 12 li
Coppor Range 70 675 67 674
Daly West 50 3 3 3
Davis Daly 116 1. 13 12
East Butte 930 13 124 12S
Glroux Con 350 63 6J 65
Granby Con 20 345 344 344
Greene Cananea ... 2S0 64 GJ 6J
Hancock 175 204 20 20
Indiana Copper .... 100 13 13 IS
Tsle Royale 60 131 131 131
Lake Copper 1 15 36 36 36
La Rose 295 5 IJ 5
Mason Valley 94 9 94
Nevada Con 370 19 1SI IS
Nevada Utah 11 li U
Nlpisslng Ill 105 111
North Butte 685 291 2S4 2Si
North Lake 64 61 64
Superior & Boston ..1 12 li 4-J
Trinity 60 41 ll 41
U S' Smoltcr com .. 505 353 354 nr.4
preferred 328 471 47 47
Utnh Con 2S7 12 111 Hi
Algomah ino 73 73 7?
Ray Con 1 17i 171 171
Inspiration 900 S 7a 11
BOSTON COPPER CLOSE.
I Bid. lAsked.
Adventure 5 .1.50 $ 6.50
Arizona Commercial 14.75 15.00
Massachusetts .. .., 6.75 7.25
Michigan 2.25 3.00
Parrot '. '. ... 12.00 13.0!)
Shannon '11.121 11.50
Viotnrla 2.00" 2.50
Winona S.50 9. 00
Wyandot 1.50 1.624
American Zinc 24.00 21. 50
Helvetia 1.50 1.75
Kerr Lake 7.00 7.25
Keweenaw 2.00 2.50
Arcadian 3.00 3.75
OJlbway .-. 6.75 7.00
South Utah 99 1.00
Miami 19.75 20.12'
Boston Ely 94 .9S
Bohemia .".75 3.S74
Chomung i.. 5.62.', 6,00
Chlno 21.G24 21.874
Cactus 19 .21
Begolo 1.00 1.50
Majestic .... ..." .35 .37
Nevada Douglas 2.00 2.12?.
Ohio Copper 1.621 1.75"
Onoro 1.50 1.75
Tonopah R.12J S.25
Tuolumne 4.624! 4.75
South Lake 6.00 6.25
Yuma , 20 I .25
Utah Apex 2.50 2.75
Amalgamated 63.37JI 63. RIM
Minos of America 5.00 I 5.T.M
Florence 1.50 1,75
Belinont j 5.S74I 6.00
The ore and bullion report for Thurs
day, given by McCornlck & Co., was as
follows: Ore received, 590.000; bullion
i-hlppcd. $50,000; total, $140,000.
Tho metal quotations for Thursday,
posted by McCornlck Co., wore as fol
low'. Silver, Cljc; lead, 54.50: cop-
SN0WSLIDE SEASON IN
C0TT0NW00DS IS OVER
"The snowsllde season of 1910-11 Is
over up tho Little Cottonwood canyon,
and while the Wasatch mountains havo
demanded a. sad toll of human llfo this
winter I have novor known a year as freo
from slides as thlp," said Tony Jacob
son, general manager of tho Columbus
Consolidated company, who has returned
from a visit, to tho property.
"Slides this year have been not only
few but less destructive," ho continued,
"which Is duo to the lack of snow. In
all tho eleven years or more that I havo
boon going up and down l.lttlo Cotton
wood I havo never seen such a small
snowfall as this winter."
There have been rumors lately thai
tho Columbus Consolidated company was
contemplating an assessment of 25 cents
a share. Mannper Jacobson stated yes
terday that the lndhtcdncss of tho
company is round 510.000, and tho com
ing assessment will not bo In excess of
15 cents a share, which will bring In
tho amount of the outstanding debts.
Now York Mining Stocks.
James A. Pollock it Co.. bankers and
brokers, furnish tho following, received
over their prlvato wire yeslorday after
noon: NEW YORK LISTED STOCKS.
I Sales.l II. L. IClse
Goldfield Con I 800 68 6JI 6j
Nevada Con 700 19 1S3 1SS
Tennessee Copper .. 1,200 373 372 371
Utah Copper 900 45g 45 451
NEW YORK CURB RANGE.
I Sales.l H. I L. IClse
First National Cop 1 18 18
Glroux Con 1.500 6? 64 61
Inspiration Copper . 2,500 8 7i 71
Miami Copper 500 201 20 20
Nevada Utah 2.500 11 11 U
Ray Central 7.500 , 14 U 1
Ray Con 400 17 it 171 171
Yukon Gold 700 4 31 31
Chlno Copper 1,500 221 213 219
Ohio Copper 1.500 13 18 18
New Kevstone 25 22 21!
South Utah 1 I 5
Mason Valley 9J 9 94
Bradon Copper 4 31 4
Ely Central 5,000 7Jc 04c 64c
Ely Con 900 33c 32c 32c
La Rose 3,000 4J 4S 4a
Nevada Hills 100 2rf 23 2
Int Cont Rubber ..1 3,S00 33 313 313
NEW YORK CURB CLOSE.
I Bid. lAsked.
Chlno 21.624 521.75
Davis Daly 1.374 1.50
Ely Central 06 I .07
Ely Consolidated I .31 .33
First National Copper 1.62 1.S74
Glroux Consolidated 6.50 6.62A
Inspiration 7.S7S 7.95
Yukon Gold 3.87 4.00
Miami 19.S74 20.50
.Nevada Utah 1.00 1.061
New Keystone 2.374 2.624
Nlpisslng 10.S74 11.12J
Ohio Coppor 1.624 1.75
Ray Central 1.30 1.374
Ray Consolidated 17.124 17.25
South Utah .S7 1.00
Braden 3.874 4.00
Cobalt Central 0S4 .09
King Edward v .061 .124
Mason Valley 9.00 9.50
McKlnley-Darragh 1.70 1.75
Montgomery Shoshone 061 .15
Nevada Smelter .061 .124
Ontario '. 1.50 2.00
Sioux Consolidated 39 .41
Colorado 40 .43
Iron Blossom 1.03 1.07
Nevada Hills 2.30 2.37
San Francisco Oil Stocks.
James A. Pollock & Co., bankers and
brokers, furnish the following, received
over their private wiro yesterday after
I Bid. Asked.
Associated Oil .?46.00 5
Illinois Crude 19-i .20
McKittrick . 15 ' W.
Monte Crlsto 2.25 'p.'
New Pennsylvania 50
Palmer 1.15 1.49J
S. W. and B 20 .25
Turner 1.25 1.50
WK OU 3.00
Nevadas In San Francisco.
James A. Pollock & Co., bankers and
brokers, furnish tho following, received
over their private wire yesterday after
I Bid. lAskeiT
Columbia Mountain S -02 5 .03
Jumbo Extension .24
Booth 05 .06
Blue Bull 03 .04
Sliver Pick 05 .06
St. Ives 17
Oro .03 .04
Atlanta 12 .14
Red Top Extension 02 .03
Combination Fraction .11 .12
Yellow Tiger . .07
C. O. D 09 .10
Ophir 1.274 1.30
Mexican 1.774 1.80
Gould and Curry 16
Consolidated Virginia 1.25 1.274
Savage 11 .15
Hale and Norcross 23
Yellow Jacket .35
Confidence , 45 .47
Sierra Nevada 33 .34
Union 66 .67
Potosl 26 .30
Tonopali Nevada 8.25
Montana Tonopah .92
Tonopah .Extension I.024 1.05
MacNamara 15 .16
Midway 14 .15
Tonopah Belmont 5.85
Tonopah North Star ...... .04 .05
West End Con 53 .54
Rescue OS .09
Jim Butler 28 .29
Manhattan Consolidated 04
Dexter 03 .05
Stray Dog 02
Falrvlew Eagle 35
Nevada HIUs 2.35
Pittsburg Silver Peak "75
Eagle's Nest 02 .04
Round Mountain 42
Rawhldo Coalition 03
Mayflower Consolidated ... .05 .06
Tramp Consolidated 03
Oro and Bullion.
The Utah Oro Sampling company on
Thursday released 4 cars of oro from
Utah and 1 car from Idaho camps.
GRAIN BROKERS AGAINST
CIUCAGO. Tob (k Alarmed by a
report that cniin exchanges woro to bo
closed by the Scott anli-fulures bill,
which was originally aimed at cotton
trading and passed by tho house, dele
gations of loading grain broker deal
ers aro now hurrying to Washington
Representatives from Chicago, Min
neapolis, St. Louis, Kansas City, Oma
ha and Dululh aro expected fp reach
Washington today. The gTain men
will attempt to get a hoaring before
the committee on interstate and foreign
commerce of the United Stales senate.
They will endoavor to show that the
contoinplatod restrictions on the farm
products business of tho country will
A few minutes' dolay in treating
some cases of croup, oven tho length
of time it takes to go for a doctor
often proves daugerous. Tho safest
way is to keep CbanVberlain's Cough
Remedy in the house, and at the first
indication of croup give tho child a
dose. Pleasant to take and alwajn
cures. Sold riv nil dealers.
Ji&. VVha's MoneW
1 Til is estimated that QHtmP
I LLAR does .from525B!
I BUttCr Tit is sent y&m
I practically a dead loss to tS
I flrmrace state. Ml
I 315 purchases include BLMfe
i CHARD BUTTER. inBI
I "SfiA BiaMctftarci Is Pare J
jj It seems useless to repeat we sell better goods for eM
a money than an' other house. It's a fact. "Wc will have sonpT
real eyeopencrs soon in the way of bargains, but just noK
Our Meat Department Will RepeaB'1
I Last Week's Bargains M.
I WE HAVE POULTRY AND FISH IN ADDITION TO MEATjjfc
Our vegetables are again arriving from California in first-cluflfe
- SEE US. 'Wk
22-24 W. FIRST SO. L
A Clear, Perfect Skin
RC3UITS ONLY FROM A
Skin Kept Clean, Very Clean
A BATH WITH
;horoughly cleanses and invigorates every
Dore, revives circulation and exhilarates
ihe entire foody. Delicate enough for a
All Grocers and Druggists
I SILK SOX
50c THE PAIR
$4.00 hats today, $1.25'
THE SMART SHOP CO.
55 South Main.
NOTICE OF SPECIAL TAX.
Notice Is lieroby glvqr. that n. spcclnl
tax for the purpose of oxtendin;? the
sower hns been levied and continued by
ordinances of the City Council, approved
January 24. 1311, and February 15. 1011,
Said special tax Is levied upon the fol
lowing described real property In Sail
Lake City. Io wit.:- In lots '-', 3. li and
7, block 'J7. plat F, Salt Lake City sur
vey, nbuttlnp: on both sldea of Wendell
court, between Second South and Third
South streets. In Sewer District No. 1. of
Salt Lake City, and Is duo and payable In
Ave equal annual Installments beslnnlnK
February 15. 15 12. Interest at tho rate
of six per cent per annum on the wholt
amount of said tax shall be computed
from the date of tho approval of the
ordinance oontlrmlnK tho levy of sa'
tax. to-wlt; February 15. mil; and In
terest at said rate on the wholo amount
of said tax unpaid shall be duo and pay
able with ach Installment. If any In
stallment or Interest aforesaid Is not
paid on th date when same becomes
duo. then the whole amount of tho tax
unpaid at the time said Installment and
Interest are due will become duo and
payable and will draw Interest ta the rate
of 8 per crtnl por annum until sale of tb
property assessed. One or moro of said
Installments In the order In which they
aro payable aforesaid, or tho whole tax,
may bo paid without interest at any time
within thirty days ofter the approval of
the ordinance confirming the levy of the
tax: and one or more of said Installments
In the order "in which they are payable,
or the whole tax unpaid, may be paid on
tho day any Installment Is due by pay
ing tho amount thereof and Interest to
All special taxes are payahlo at my
office, room. 112 city and countv building.
Salt Lake City.
Dated at Salt Lake City. Utah this
15th day of February, 1011.
CItv Treasurer and Collector of Special
Sewer Extension No. 2.11.
NOTICE OF SPECIAL TAX.'Bf'
Notice is hereby given that a Ugt
tax for the purpose of eitr.dlM(r
sewer has been levied and conflrraR
ordinances of the city council. ipfiBf
January 24. 1011, and February !!,'(
Said special tax Is levied upon fAHtt
lowing described real property IVBI
Lake City, to wit: In lots 2. J. VVf
block 7; 1. 5. 6. 7 and 8, block iKf
7 and 8. block 11; 1, 2, 3, 4 and VBja!
12. all In plat "A." Salt LakJ ClK
vey. abutting on both sides of ThlriMf.
street between Soventh South 9
South streets; on the south side oSBff
South street between Third f
Fourth West streets; and on b 9H
side of Eighth South street btwiB
ond West and Third West '"tBg
sewer district No. 2. of Salt uf0l
and is due and payable In nT.23KI
nual Installments beginning F6nJn
1912. Interest at tho rate or WX.5MI
per annum on the whole amount
tax shall be computed from u,?
the approval of the ordinance oom
the levy of said tnx. to-wlt. JW
15. 1911: and Interest at JJJM
the wholo amount of said tax J?
be due and payable with each "MgR
If any Installment or Merest 2BT
Is not paid on the data whtn iHfH1
comes due. tl'cn the whole amoraitw
tnx unpaid at the time .JSK
and interest arc due wM .VJMi
payable and will draw te"!LiBf
rate of elBht per cent per
sale of the property "fff.o,
moro of said installment anfoiR
In which they nre PL9Mai5uSB
tho whole tax, may be WW $JBL
torest at any time within
after the approval o the ""'"HK
finning: the levy of tJw j an"K
more of said inBtallrnen s in gvBg
In which they sre payable. 0Lm
tax unpaid, may b Pth,
Installment Is due br PMft
thereof and Interest to
All speclnl taxes arejM ' "l
fice. room 102. City nnd County u't
Salt Lake City. utaa UMRJ
Dated at Salt f' U KT
day of Februin''GYDEOKSSWaMf
City Treasurer and CollKJtT,
Sewer extension No- -
Eleventh partial e3tlmat-M
Rainbow Mlnlno ComPj
Principal place of DCuki3BL
South Main BtrcoL Salt
UlN-ohticc is hereby SftfnjH
InR of the aicwrs. held onMB
of January. 1911. aJffe was 1"K
eighth (i) c?nPSKrporitHt
tho capital stock of tho cor tfjHfr
able on or before w Win ,tcrita
1911. to Ernest M. Fowr. th8 eBi'
treasurer, at the office Ugt
No. 32 S-outh Main street. . MVft
Utah. Any stock "P" ld oflHP
sessmcnt may iVbTdellnOiiBff
day of March. 1911. " public ""t
advertised for sole ai p, bfB
and unless payment wn Mr.Mh
be sold on the 20th amlnt. KT
pay the delinquent and
with tho cost of &";rro xHBc
CHANGE OF R
Notice is hereto; if rchHk
Son. wool c.mnlIsrnIn ar-d QifBfl
wh "eh G Wlnthron Co.fin
Gllimore nre co-par ne tW flojp
thin date, will tmoo "" The bwR.
of' Coffin & coTntlnuf3Bg
all othor respects win r rra
toforc. without change jl'.JMS,
ship. COFFIN ..n