Newspaper Page Text
I STEEL TRADE WOT
I BAD AS PAINTED
Present Output Is Seventy
five Per Cent of Normal
RAILS BEING EXPORTED
Trade Sounder Than Wall
Street Would Have Us
Tf reports retarding II:'; present produc
tion of steel are correct, the principal
trouble In this Important branch 61 our
nations) Industry is more governmental
thsn physlt ft The depression In th
stork and tii- sxcesstve liquidation of the
FAmn Is laid at the door . f anticipated
trouble with the government, and tfirt
dcntlv no blame is duo other than con
dition This point is deemed well Illus
trated by the foci that tin- steel pro-1
duoers of the I mntry are nperallng 78
per cent normal capacity.
Tt If pointed out that Hi Bteel pro
ducers seldom pnduce n above 85 per
cent .Arnit nn account of necessity
for repairs, m . The big stee c irpor
ation (s reported o be operating "ttle
shove 75 pe- rnt of riprmal, while the
Independents ar prodm-inu a? slightly
inv: this figure. There Is .1 good trade
reported In practically nil finished steel
products, the exports of rails exceeding
the present honi" consumption.
Eastern authorities draw 'he line
sharply between the reported cul prl es
for sfel ar.d prices resulting from an
open market The Engineering and Min
ing Journal on this laite,- topic has the
following to sgy;
"The course of prices In the Iron sod
sfeel markets this year 1 1 - been en In
teresting stud-.-. The controlled market,
whlrh wr maintained with great effort
ard difficulty through the first pari of the
year was broken when the Republic Iron
A- Bteel company In the inner part f
May for the second t1m in Its history
announced Its Intention of pursuing "an
aggressive course." and began t cul
down price on Its products. This was
followed, on .Tune I. hy n general reduc
tion In prhep bj the steei corporation.
Titer" was an effort to k'p prices at the
rediii :ed levels but ir did nOl avail For
narlv two months past there has been
so-Called shading op all sorts of prod-a-
if. Th-t Is. there has been practical
ly an tip")! market, which has resulted In
a fair Increase of business.
"It Is understood thsT the Steel cor
poration, as well as the Independent
fas played the gBme and has not turned
s.wny ordfrv because of fractional dlf
fernrep In prK k Thus once rtprc li Is
proved that a controlled market, easily
maintained in times of active huslncss
and a surplus Of orders, must Ihevitabl)
give way when contrary conditions pre
vail. The jaw of supply and demand Is
not altogether ObSOll to. as son ie of out
great financiers- believe or would try
To persuade us to believe
Conditions Are Sound
"I'pon the whole, the steel trade is in
sounder condition than Wall street would
have us think. There is a large business
actually doing as a foundation and the
lower Prices favor its growth There Is a
general absence of speculation, and the
underlying conditions are fairly sound.
Overproduction Is tint ceneral and Idle
capacity will gradually be taken up.
I hough another boom is nOi vet In sight.
Operators must be content with lower
profits for I time and their, -will he less
surplus to put int. 1 new extensions; but
thin will not by any means be an tm
DIVIDENDS OH THE
UNITED STATES CO.
The regular quarterly dividends of the
United Btates Smelting, Refining and
Mining company wew declared Thurs
day, (filling for S"4 cents a share on
the preferred stock, or $I2o,'J8S. and "0 I
cents a share on the common slork. or
$175,605. This dividend is payable Oc
tober 15 to stockholders of record on)
October n. With thof amounts paid 1
the company will have disbursed In divi-
deads to date $9,560,489 or the preferred'
and 12.726.847 on the common stock, a.
total of (13,289.836.
OPOHONGO H AS ORE
ON SEVENTH LEVEL
rjeneral Manager William Hatfield of I
the Opohongo company stated yesterday
that the ore had been Opened now on
the 706-fOOl level, bringing an unbroken
resour. from the "On-foot level to the I
new depth. The ore is developed for
approximately 300 feel along tlie trend,
the width of all develop.,; po-r..,'is ;n -
ing anywhere from G to 50 reet. Thts;
Ore is all Of it shipping grade, and 1
shipments are being made al preaenl
TO NEW YORK WITH
With our New Duplex Prlvain Wire
Service direct from Chicago we reach
all Eastern Markets Instantly. Fastest
market service Salt Iko has ever had.
Correspondents members of all ex-
JAMES A POLLOCK & CO.
Bankers and Brokers.
323-135 South Main Street,
Salt Lake City, Utah
Specialists in Utah mining and indus
All listed, securities carried on liberal
Several persons are rrprc
fcentimr, to the srenor;il com
mittee that w are contem
plating; a ride on our ftato
truck "No. 23" M odp of the
features of President Taft's
isit. This is not true. That
truest is busy hauling coal to
Fort Douglas at least one
third of the lime, ihe other
two-thirds it's in the hos
pital. WESTERN FUEL CO.
(CRITCHLOW. FISCHER A
CsMe Address "Wesfuce"
Phones 719. 73 Mrdn Street
PIUH NIUS ARE
I SCENE OF ACTIVITY
Mysterious but Apparently
Strong' Interests Certainly
J. F, Gibbs of Mr.rvsvalo. Utah, ! In
tlie city meeting all a.vts of lnqu'.iles In
regard lo the development of the g"ld
fields in atiJ near Pahroah, Utah, by un
known yel evldentl) povrerful eastern
capital. An aaoonnit t. raw dgya ko In
the-o columns Of the t"H teams anil
heavy freight inj? outfits br'.nsiiij: t:ih-
ehlnary and supplies of all sorts to
Marysvale. thence to ti:e blue hills r.en:
Pahroah. !iae created a great uea! of lo
cal Intorst. and many believe that ;i
heretofore tiogi tj rich section of L'taii
hns at last roachei he exploitation sing'.
Mr. cJIbhs sy:i thfit. not a day passes
but what teams hauling BQUlpwenl to th
next fields pass through tfaryrv'ale, and
so great has the lman'l boomc for
horses snri nuv that it is not en
m.ittfr to fl;ij nn not in ue. Marysvale
una ii-init h.Kida no IdTe men unless
tl- are onstltut'-.l to avolil labor, for
tti-r. Is vork for everyone.
"Everything boats a very busy ana
prspep'u appearance s.iia Mr. ijlbbs.
It lo.iks s If this p.rt of Utah ,B
br developed extensively and In the flghl
manner. Whoever is nck of ii"- deal
. prl.-ilnlv is Kpn'-lnic ;i" i -ij. . ni)
measuring the probable merits of the new
Mela hy thp rxpoudlturea already made
gives h very promising valuation.'
IRON BLOSSOM A
Supportca b M great many favorable
rumors on Thursday Iron Blossom took
first piPi-" on the local exchange. This
issue closed 11.10 lia anil l.ul HSkril
Jhs the iat bell rang. f)ne report waa
'that the company wis certain "i pas in
excess Of B Cents a share nxt month.
while many believed 8 cents s share, or
nn.ooo win ho declared !,c the third
quarterly dividend. The company, it is
said, will have In e.-ns of yi7.T..nno on
hand on dividend day,
Sale Thursaav reached the totnl of
33 chare.-, of stork, the market value
of which was 648B.ofl The following
wre the closing unlisted na listed stork
I'NtJSTKTi s TOCK S.
" 1 Rid ! Ask oil P'-.ia For.
Foi rcx.. 7. .id $ n ? . . . . .
fioia h.Tln. .76 I ' .80 I
Eninm Cop , ."SJ
T-Qtilnrv.. . i .18 1
Bo Hecla. . I 47 .J-o 1
B C Stand. .! OS -On !
Bantaquln C "' ....
I A. M. j P. M.
Bia. leaked. I Bid. tAsked.
; pig cot c.ii '$ ' ? o
Ine-k Tun ! -1"ii .14 .124 11
Blng Amal .04) .07 .04) .07
Bl Jack.. .0811 .10 .08! 10
R Brier .01 ."'i
C Bird 00, 001
f.'arlsa ... 1 .16 i .19
Ced-Tal. ! "3 , .onj nr. .o.-,i
Cent Mam : .10 I 10
Col Con. . I .29 .32 .2K .31
C Mercu.r I .or! : ' .03
Cr Point. 1 .4i nsj n4i, .or.i
Colorado.. ' .32 1 33 1 81 J 33
P -Judge . 4.3.-. 6.00 I 4.96
Dragon .25 .2.'.
IF, Prim-'- .01 .03 i .01 .f3
E C Point i "Oj .nnj r.j .00S
B T Con. . on . .00J .nnj ;00
E I Devel ' .001 .01 I 004 .01
Emerald .011 . , "H ,10
0 Crown. I .03 1 .(tyt , OS .0?n
G ' antral. I I 10 1.17 1.10 1.17
Ibex Gold I .fl " JU
Ina Queen I 0-J .02 .12 .02
Iron Bios 1.07 1 K'J j 1.10 I 1.121
Iron King .03 (VS ' 03 .On
J Bowers. I.....;. I . I .us
EC William I .041' .04) .04 .041
Lhi Tin. I .OOJt 01J .001 .011
Lit Bell . .37 I .40 ! 3S ' .40
T.lon Hill .04 .04
LMam.. .. .011 .01 1? I .01 .oij
Masonic M .30 j -30
Mason Val 6.70 I 7.50 i fi.o 7 50
Mnv na-. ' .114! -'2 ,11 ,12
Min f-'lat .. .01 .Ollil .0! .014
Mi ILk- .. .021 .031 .021 ,08
N British I .40 ! .40
Nev Hills : 2 f5 3 07j 7:. 1 2.96
Newhoue. I ... .1 l.oo 1 .00
NOW Vork ' .021 .04i:' .0311 04i
Ohio Cop. 1.3211 1 . 37 ft) i 1.32JI 1.37
Opohongo. 1 .:! .T:.b ' .21 .221
Ploehe n. J .10 1 . llll .10 I .101
Ploehe M. . .0011 ' ,001'
Plums . . ' .03 i .0511! .OS I o-,j
Prlnr c. I .62 .62 .62 .65
Provo .. ..! , . .02
Pitta-Ida.. 1 .67 ! .70 ' a'r, I .70
B Ana . .' I .09 I -0I
R"nll . Oil .0J M .0:4
S.i. ra . . 03 I' . . , .03
B Troughs .034 .034
B K Coall. 2.10 2.25 2 00 I 2.23
Sioux Con.. .17 ; .18 174 .14
So lr Bios. I ,001 ooj 1 .ooi 00
Swan "on.. .06 .06J 1 05 ,06
Swan Rx.. 1 1 0011 .O0J
S K Con.. I .92 1.05 I .96 1.05
Tin t:ent. I .01 .01 .014
T Humb't. ! .01 i 01
United Tin .031 "4 .o:ij .04
T-nele Sam 3.-.1 3? .85 .36
rtah con. 1 081 .044': .0341 .04
Cnlon Ch. ! .29 H ;
Victor Con. .or. osj ; .os 1 o.-.j
Victoria ". .rtO 1 .62 .60 1 .r,2
f Nev . . 1 05 II, .... .or,
Van Con.. I .13 i .13 1
Ter Cog . iV'J .034 ' .031
Blaf-k .la--k. 1139 at 9c
Colorado, 200 at 32e; BOO at 32r. seller
tc-n days; SO0 ; 32c. seller sixty dav;
400 at 82i
Columbus. 300 at 10c.
Indiati Queen, I J at ; 1000 at 2Jc.
lr-n Blossom. LOO ut 81.071; 1200 at
Klne TVIlllam. ?,oo at c.
Ohio Copper. 100 at $1 35.
Opohongo. 2900 at J2c.
Plo.-'r r'.'mi.iohn 500 at 104c
Plutuii, 1000 t 5c.
Prlnee Con., io at r.r.
Rexai:. 1000 at 2c
I Sioux fort.. ::oo Rt 17c- 1000 at 17ie.
I'nited Tintl, r.r0O at 4c.
1 I'nion Chief, 5:"i al 2'.'4c. buer sixt
Snares old. IH.t.''
Selling value. 88221,68.
Iron Rlopfom. 10 at $i.;o
I Shares .old too.
I Selling vajoe, 8110.
Cedar-THlin an. 200O nt ?i . 4000 at
Iron Blossom. 2"0 at 81. pi; 400 at $1,124.
Ma- Day. eOfl at 114c.
Opohongo. 509 at 2-'-".
I Pint;., tono at 3c.
Unci" Sam. 10O at 36c
Shares aold. S7')0
felling value, ll-'c."-o
Iron Blossom. 899 at $1.1:4. 200 at
i 81 10.
Opohonno. 590 at 2.v.
I Silver King "on.. 3"o at 1.
Ohio copper. 300 at $1 .374, buyer sixty
Vlotor foti . 1 000 ,v -.
I'nited Tlnti- 3r'0f- at 4c.
Shares som. 704:
Selling value. $197 ;o
Ore and Bullion.
The or and bullion report for Thurs-
: given hv McCornlck & Co . was as
follows Ore received 8855.000; bullion
'shipped 880,000; total. 8405.006
The meial Quotations for Thursdav.
posted hv McCornlck A- Co.. -er a fol
low?: sil-.r 68fc; lead. $4.50, copp:
I $12.05. '
ia EYES TUIEO
n End of Speculation ( h a
Probable Means of Red
Metal ( Control.
REFORM IS ESSENTIAL
Selling End oi Industry Is on
Nothing has aroused lo-ai red metal
circles rhore In many months iit thaii
the nnnouni 'inent mn!e from Chicago
Wednesday thai th repreaenlatiye coo
per und financial Interests of ESurons and
ih.' United States were to meat In
wiedy City for the purpose or manajna
out s progTsmme to goverri the future bl
copper. Ti.ot some step Is essential
prai llcallj all e(f-. bul ;is for th meth
ods to )'- ad'ip(e,i no in,' voniiirrn mop
tiian ;i rucks.
Pew if any, are inclined to the opin
ion t hn 1 nn actual physical consolidation
of ih various "-upper properties it con
templated. This would Involve difficul
ties far too numerous to solve these nnti
coiporatlon limes, it likewise woum ex-,-lud-
the Investor from participation in
copper :md coppers,
Control th- Belet T,v.d.
1 inn riopr- siude:i: of the situation be
lieves thai one plan of action favorably
received bs several of the imgest fac
tors in Hi copper producing Industry is
the formation of n pool t" abaorb the
production of eppper thereby controlling
the prle of the metal ih-- world over. It
Is still within the memory of copper clr
clei thai a enr atro John D. Rvntt was
In Europe ')nfcrrinc with financiers, so
the report went, vilth the end In view of
Interestlna them with united States cap
ital In taking charge Of the rc,l metal
Those who WOUld regret the removnl
of the opper center of the wotjld from
America r Europe esoeciallv In view of
the prominence of the United Slates as ;i
COpper producing nation. already have
reason to complain at the position of sil
ver. The greatest silver producer In the
world, the United States is compelled t
enii it. mctai 10 London and to receive
therefor en,lv what London Silver bro
kers wrtnt to pay. Tin nio.at fascinating
tory untold in metnl circles today Is th
'iccouni of bow i he various metals are
disposed of after they leave the refinery,
and the accbunl of how and b' whom
metal prices are adjusted, if London
can control silver It likewise ran control
.opper Inst as It holds the whip hand
over the whole commerce of the world
Conservation vs Exports
Europe lately has been absorbing 60
per cent or mors of the copper produced
In lhr United States Attention waJ
Called to this fact by a prominent finan
cier laieh . who asserted thai mis coun
try had Europe to thank for preserving
the copper metal situation m s well as It
had been upheld lhes perilous financial
and industrial times. To this the con
servationist entered an objection to the
effect (hat the United Stales was will-
imily permitting a criminal waste of our
natmai resources thai Europe mlerhl
purchase its metal cheaply. Ti war
pointed out that our copper ore supply
not larger than twenty or thirtv years'
requirements, was being depicted, and
some advocated even an export duty on
the copper purchased f-r foreign delivery
The whole situation simply illustrates
the crying need for reformation. Some
COpper crowned Moses has been the ob
ject of search for years. The producing
end of copper has beep reduce, jo an
Ideal basis, hut when it comes to the
selling end the mcial interests aire en
tirely at a loss
How About Consumer?
From the consumers' standpoint. a
copper programme for the benefit of the
producer will constitute no more of a
guardianship of his interests than any
other similar combination known to his
tory. The producer however points to
o si a hie copper mar ket as the greatest
safeifiiH'-ii for the manufacturer of .op
per articles, giving him no advantage
over a competitor as now Is ilm exust'
With Wide fl
ALTA MERGER IS
N EARING AN END
There is nothing all tangible to be
Obtained from the Interests hack of the
proposed mereing of Alia mining prop
erties, pul the report was current on
Thursday in a waj that coum not be
overlooked that the crucial point is near
for those engaged in this big lask. One
well-defined report was to the effect
thai the money necessary to bring the
deal to a successful consummation, and
to put the holding company on a safe
and noiid ha.si of operation, has been
assured the only question n"w bMnc
the ability of the various properties to
meet the expectations bf the engineers'
now making a iini examination for the
eastern capital back of the plan.
According to the agreement with the
Booth HcOn Btockhplders, made known
at :he recent stockholders' meeting at
Which the South Heels properties were
disposed rf te. Die new Interests, the
main holding company was to he formed
on or before October i. I911i so some
thing Interesting logically is expected al
anv tlnr by these shareholders and the
public in general.
Nevada in San Francisco.
.Tames A. Pollock & Co.. bankers and
brokers furnish, the following, received
over their prhate wire yesterday after
Rid I Asked
ColumbiS Mountain . . . . I .04 $ .08
.in mho Extension ........ ..r, i
ftoot'o ! .o?
Blue Bull I .07 .08
Silver Pick I .11 I
St. Ives ! 1 40
Lone Star I .ns u
Oro 04 .05
Atlanta ! .16 I 18
orot Band 1 .e4 1 o.
Florence j 1.25 '
Combination Fraction .. . .09
KewaiioM .03 10
VelloW Tiger I .05
Grandma ! .03 I
Goldfleld Consolidated 1 o.T.'i!
C. O. D ' 07 1
Ophir 1.571 1.60
Mexican 3 o-jj .o
Jould Ac Curry Or. o
Consolidated Virginia ! v '.
Savage 1 .20 I .22
Vellow Jacket I .36
Sierra Nevada 30 ! .31
Exchequer I .01
Cnlon ! .91 I .92
M-intana Tonopah ! .79 J
Tonopnh K tension -j 1.00 I
MacNamara 1 19 .20
Midway 1 .26 I
Tonopah Belmont ' fi.9o " oo
Tonopah North Star I .20 I .21 I
VCest End Consolidated .! .. ,;o
Rescue I .25 ! .26
Jim Butler i .22
Bonnie Clare 03
Mayflower Consolidated 05
Manhattan Consolidated ' 09 to
Dexter I "4 .or.
Mineral Hill I .09 ' .10
Other districts 1
NeinrU Hills ' . . ..! 2.r"
Pi:tbur2T Silver p,jk .. ..' .S7 ,S9
Ogle's Nest 1 .03 1
Rawhide toHlltiop 04
" " 1 SSI I mm .TTSS
lit OUTPUT OF
METALS LAST YEAR
Increase in Gold, Silver and
Lead, but Lead-Zinc
The rots' value pi the mine eutptt of
gold, silver, copper, lead and sloe in
Nevada in 1910. according lo V. C".
rlelkes the trotted stales gsologlcal
survey as 84,163,18, Ms as-unst $30,-
i'7;.932 in 1 !"!. showing an Increase of
14.079,816, or over 18;8 per uent.
The total production Of gold in 1910
was '1. .''"'. A5 fine ounces, valued at JIS,
7.ffi4, a gain of 82,688,801, or 14 per
cent, oyer the 1808 production. Of the
geld output 7,881.70 fine ounces oeme
'.'com plu.erfc (malnlv In Nye counn ,
Rvo,t?i0.93 ounces from siliceous ores, 21.
230.87 ounces from copper ores, and 3.
:i9f..55 ounces from lead, zinc copper
lead and lead-S n ores Siliceous ores
yielded Over 96 per cent of the emir-
(old production From bullion In
and Silver mills were recovered 788.18V.ff1
ripe ounces, concentrates produced 78,-
(!!'. 6: ripe ounces, and '.rude ore shlpr.el
to smelters contained 100,674.08 fin"
The largest production of was
ffom Esmeralda tount) su.994.r,as in
l-M'i. acalnst SHi."4l.:!97 in 1909. r IhH
production the Qoldfleld dlstrlcl yielded
811.137,160, in Increase of 81.753,888, or
15.7 per cent, over 1909. Nv countv
produced Sn.661.9C-7 In gold In 1910,
against ?2.:M.r..!i C In I9"9. The Tonopah
mines yielded 82303,70J In gold on In-
r".ip- of 8008.341. Or 64.5 per cent, over
ii The Corns lock mines produced
602i&43 in ruld against 8666,821 In 1908.
The silver production Of Nevada In 1910
was 18,479,871 fine ounces, valued at 86,
7?.9.no agstnsi 10,981,01 fine ounces
value. i at 16.710.168. in 1909. Of the mio
output 11.763.012 ounces. Or 94 per cent,
came from siliceous fires. 683.288 ounces
from lead ores, and 107. 3ftf". ounces from
oOpper ores Bullion at gold end silver
mills produced 8,818.978 ounces, concen
trates -."l 203 ounces, and crude ore
BSn I to smelters contained 3.880-08"
minces. Nye count produced l0,o80,808
ounces of Silver In 1910, ns against S.
24R.49r, onnres In 1909. Of tills output
the Tonopah district yielded 1 1 22 . R'
ouncc-s. or S3. 5 per ont of the entire
silver production of N'evdaa In 1910,
Storey countv ( Corns tock) produced
820,716 ounces against 601,825 ounces In
COpper production Incrcaiifd In Neivaflfl
from ST. 964, 47 7 pounds. ('Slued ftl fti'
536.942 in 1900. to 84.359,898 pounds, val
ued hi $S.173R43. In 191". Tills increase
was practically duo to rhe mines at Ely,
In ih- Robinson dlstrlcl White Pin'
county, whir;h yielded 83,914 197 pounds,
or 99.3 pet fceni of the (oMre sta!" pro
duction Cdneentrates produced 82,432,779
pounds and crude ore sept to Bmelters
The production of lead in Nevada in
1910 was 1.871,180 pounds alue,i al
$21 329. againsl D.840,791 pounds, valued
a i S4:'3 I64, In 1009. a decrease 'if shout
50 per cent. The mines of ClarR COUOt),
the largest producer, yielded 1 809.684
pounds, an Increase of Sin. 777 pounds
over the 1909 production. The mines of
Eureka county produced only RT" 801
pounds agr.lnsl t '146 5T, pounds In 1909
a decrease r 8,673,734 pounds Crude
ore shipped to smelters contained all
btil 190 932 pounds of the total lend out
put of Nevada In 1910
The zinc production of Nevada was
2,707,071 pounds, valued al $146,182, In
I9ld, againsl 8.013 ".52 pounds, valued at
8162,721, lo 1909 The entire irno pro
duction was derived from '"lark couniy
rrom '-rc shipped to smelters.
There were 608 mines producing gold,
sliver, copper, lead, or zitv". in Nevada
in 1 n 1 0. compared with 1 1 T In 1909 The
lotal quantity of ore sold or treated in
Nevada in 1910 was 3.666,775 short tons,
an increase of 673,168 tons,
New York Mining Stocks.
James A. Pollock & Co , hankers and
brokers, furnish ihe following, recep. ed
o-er their private, wire yesterday after
noon NEW TORK LI8TED stocks.
I Sales. High 1ow 1 lose.
rhino . ! 100 TtT i6s crj
Gf Ton .... 5.7001 6 51' 6
Nev fon ... 8,700 16i' 154I ik
Rav Con. . 7:70O 13 1 12 LSI
Tenn Cop ' 900 31 32f 831
Miami Cop. 1001 K?3 I6RI
i"tah Cop 9.400 IQj 301
NjgW fORK CURB RANGE.
IBales. nigh. ; Low. Close!
Klrst Nn Cop . . ' T! fl T
Qlroux Con i i ooii 4 3j:.1 15-16
Inspiration 1,200 511 "' 51
Nev Ctah .. 600 9-16 9-lfi 9-16
Rav Ceni ... 100 i 5-16 1 5-161 l 5-16
Yukon '"old ' 38 3J' 3J
Ohio Copper' 500 H 1 12
South Ctah ' ! 70c1 60c 70c
Mas. Valley 1 71 6J 7
Braden Cop J I 4' 4(1 4
Elv Cent. ... ! 8o lc 3c
F'.lv Con 7-16 5-16 7-16
La Hose . . 1 2.000 4i I 1-16: 1i
Nev Kills ... 600 3 91 2
jCarr Lake . . IQO1 3j! 33! 38
MOW York CURB CLOSE.
Ia is Hah .7j f 1.00
Ely Consolidated I ..io .37J
First National Copper ... I 00 1.121
c.irouv Consolidated ' s $7ii 4.oo
inspiration 5.75 6.00
Yukon Gold I 3.50 I s 2i
Nevada 1'tah . ' .55 f .621
New Keystone 1.50 ' 1.76
Niplssing I 7.S7J' S.I2J
Ohio Copper 1.8TI 1.48
Rav Centrsl 1 , 25 1.371
La Rose I 4.12J' 4 20
South Utah j .621 .75
British Columbia Copper .1 3.50 3.75
Rav State (;n i 30 .45
Rrade,, ' 4.25 I 4.371
.Mason Vallev I 6.75 1 7.25
McKlnley-Darragh 1 1-55 1 l 621
Nevada Smelter of ,121
Alice . i 2.00 I 3 00
sioux Consolidated .. .16 1 .is
Colorado ' .30 .34
lrr,n Blossom 1.08 l.U
Carisa If ' i
NevHda Hills I 2 70 2.87j
Tl Utah Ore Sampline company on ,
t. rsdsj released six rars of ore from
Ctah. two Cars from Idaho and "ne from I
THE CAUSE OF ECZEMA
Is germ life that burrows under and j
feed! on the skin. The way to cure I
E ZEMA is to remove the cause by
washing awav with a clean, pep.etr'it
mg liquid, The germ life and poisons
that eause the trouble.
'e hive a preparation 'hat will do!
r'r,i The first application will stop
the itching ami give prompt relief to an!
irritated, itching or inflamed skin. Tf
yon are a sufferer from skin or scalp!
eruption In any form, try one bottle of1
this clean scientific preparation, we arej
confident yon will be pleased with the.
results from the use of this standard I
I rei station for eczema.
Good for infants as well as grown
pcisons. Schramm-Johnson, Drugs, five
The l th"
Are Benefited by National Cash Register!
! The merchant who has a National Cash Register makes I
life easier for his employes and safeguards himself.
He saves its cost many times over in the course of a year.
His help appreciate the advantage of working in a
systematic establishment clerks, cashiers and customers
are spared annoyance and trouble.
The National Cash Register prints a receipt which pro
tects everybody and eliminates disputes. j
It tells how much money was paid, to whom and when.
A cash register store is always a better-managed store, j
Method holds down losses and therefore prices. j
OSCAR GROSHELL, Sales Agent,
For National Cash Registers J
249 State Street, Salt Lake City, Utah
ZACK DRIFT HAS
A GOOD SHOWING
General Manager S. M. Levy of tlie
Eh Consolidated Copper company! re
ceived Word Thursday that the new strike
of Koori copper sulphides on 'he 800
fool level of the Zack slmft was widening
out aa work progresses to the point
where i he drift will be directly below
the Son. foot level work. It is in th
Vicinity filmed for where the best re
sults sr" expected The Ely Expositor
has thr- following to say a'ooui the dis
covery; ' A strike wns made In the Ely Con
solidated Saturday nishi on the 600 cross
cut ?1G feel from the shaft. At that
point, the ore was found which was
nrsi discovered n the SOU crosscut US
feet from ihe shrift Yesterdaj drifting:
'in the ore to the south whs begun and
th face Will be pushed ;ihead -is i a p -idlv
as possible to prove the Zack I a
"Manager James Cjuinn is jubilant
over the And and broughl samples of
the ore down today lo ha" them as
sayed lie stares he believes the whole
Of the ore body will average 1 per cent
copper and SxpeOtS It will also be found
to have Important values in cold nnd
sliver. The ore Is all sulphide and part
of it is hlch-grade colCOClte which may
bring the averase "f the whole much
higher than the estimate
"The vein has flattened out consider
ably which will give the company about
200 feet of backs between the 500 and
fifl'i lels. and as this vein has been
proven up for a long distance on the
.son. ihe tinr) on the ''ftn assures the com
pany a large tonnage of ore much "f
which is of shipping grade.
"The extension of the drift to 'he
BOUth on the fiOO is the Only work that
will b done for rhe present by the
Boston Mining Stocks.
lames A. Pollock & Co.. bankej-s and
brokers, furnish ihe following received
over their prhate wire yesterday after
BOSTON COPggg RANGE
! Sales . High. I Log Close.
Algomafa sSTl 16-161? 15-1612 16-16.
Butte ft Ral ! 100 ft I 4 4
Butte Coal . 2S6 16 US! Hi
Cal & Ariz .1 400 4!'j! 4S I 4SJ
Cop Range .' 628 50 I 10"' 60
Davis Paly . 9S 92 92 I. 92
Vist Butte i 226 1" :i 1i
Giroux Con -I 11013 13-16 3 lS-lfi'n 13-16
Creene Can .1 U'n' ? ! SJ fi
Hancock 100! 19 19 J 19
Indiana Cop 106 r,j; 6g; eg
bake Cop ... I.13R 2 25 ! 26
La Bose ' 176 1 3-16 le 1 ::-i6
Nevada. Con 122l 1SJ' 1 of tS
Nlpisslng . . 285 S $ 8
Norlh Butte TT.i 231; 22 23J
EUj Ton . . 3!S i?a 121 121
Sup & Bost . 187 21' 2J
17. 9. P. com 1 600 3ljl 31 ! Sli
C. S -S. pfd . Sii.S1 4.- I5i' ISJ
BOSTON" ("'OF I 'KB CLOSB.
1 Bid ,ske.
heniunir II 1.00 J ."..nn
Union Copper 2.T.S 3 . nn
Ma.enti- j .32 .34
One co i 25 I l.oo
South Lake , 3. To 4. no
Rohemia 1.62JI 1.874
itosron Ely ' 1 . 00 I. Oil
Calaveras 1. 00 l i.6i
Consolidated Arizona . .. .62J .7f
Nevada Douglas 2.26 2.37J
Ohio Copper ; 1.25 1.37J
American Zinc J1 56 22 00
Helvetia ' .75 I 1 .an
Kerr I-ak i 3.63, 3.73
Sou'h Utah ' .M .70
Marsachusetts I 5.00 fi.nn
Keweenaw 1.95 1 2.12e
Miami - 16.50 j K.iiO
Oihw3 1.6i I.STJ
Itah Apex 2.0e 2 37J
Michigan 1 . 2r 1 2.nn
Victoria I 50 2. On
Wyandot ' .95 i.25
But re A Balak 3.S7J 1,60
Arcadian I 2.00 2. 50
Tuolumne ' 3.26 I 3 50
Parrot ' 8. no .7S
Shannon 7.60 7.S7J
Trlnltv 3.l2i 3...0
Winona ' 5. no 6. no
Btewafi ! .it
8an FranclBco OU Stocks.
James A. Pollock Co.. bankers and
brokers, furnish the following. ri-rive,
over their private wire yesterday after
noon ZTZZZZ Bid 'A.-k-d.
Ass'd on . fesTae $16,371
Brookshir j 1.05
Caribou ! .9" 1
Claremont ! .96 1 no
Emm - I .50
McKlttrich ' .09 i
Mom Crista 1 1 1.00
penna j 47 i .50
Palmer 1 Of 1.10
Silver Tip ' 1,30
8. W, P ,80 I...
Bamberger Klectric Cars ?o Ogden
every hour on the hour -in an hour.
COPPER STOCKS IN
James A. Pollock & Co.. bankers and
brokers, furnish the following, received
over their private wire yesterday after
noon Paine. Webber & Co.. Boston--The
New York market acted better today than
k has for weeks, and showed strong
support all through the list in contrast
in yesterday, the upward movement was
stead) and gradual, with no attempt ni
fireworks. The hulk of sales today were
short contracts encouraged hv yesterday's
break. The general situation seems lo
have cleared and we look to see the pres
ent rally continued 3 lo 6 points more.
The local coppers were strong Confi
dence is returning In regard to the cop-
pei Stocks and the room is full Of buv
orders Just under Ihe market.
Logan & Brvun. New fork We be
lieve the standard issues i-vound prevail
ing levels are attractive for investment,
hut Inasmuch as the market at pres'-n is
a rather two-sided affair. It may be well
for ordinary trading purposes to safe
guard commitments in order to be pro
tected against the aggressiveness r,r ele
ment operating for the decline. Quite a
little s.-ihng of securities wai based to
day on fears thai the president's speech
winch win be delivered tonight will be
Somewhat drastic which denoted that the
market g very susceptible to political In
fluences Gallagher leiier New Fork Curb. In
all bur the mining stocks, closed a frac
tion higher on scattered buying. Ameri
Van Tobacco advamed from 1"0 to mi
Iron Blossom, the feature ..f ihe Tintli
group, selling at J1.10. The trading in
these stocks Is very small here and the
niarlcet nt present j9 very narrow.
New Tuberculosis Remedy
Based on Medicine.
To say thai a specific exists for the
cure ,r Consumption Is perhaps too strong
a statement, bin in BJckman s Alterative
we have a medicine thai has been the
means of saving many a life to years
of useful), an,i j,, permanently c'urinc
a large number of Consumptives.
I'-rtalnly a person afflicted wjlh a
wasting disease should 1..- well ted with
wholesome, nourishing food, but frc -auently
raw eggs In quqantitles cause a
digestive breakdown and then n, food
nourishes. As for milk, a very good food
for many, but a producer of blliouan is
Any djet that keeps a Consumptive well
nourished Is the rjghl one, hut whs; is
going to cure the patient? Bckman's Al
terative has cure.i ami Is anting many
a case of Consumption, i.et those speak
who know. Here is a specimen
90 Savannah Bl Roehester N. v
"Gentlemen: t'm .inne ::, 1907 j w'u
operate.i upon for Tubercular peritonitis
at St.' Mary's Hospital.
Rochester N I
After rhe operation mj physli Ian gave
me up as hopeless. 1 was then urged by
a priest to take Ecknian'a Alterative
which I did. lay weight at the time wos
12 lbs. i began t., improve and steadily
gained In health and strength r no?
Weigh 125 lbs., and am absolutely cured
Believing 1 ,.wc it to myself and others
1 mnke t,iii statement."
(Signed Affidavit) BiOKA PINZKR,
Bckman's Alterative i" affective in
Bronchitis. Asthma, llav Paver; Throat
and Lung Troubles, and in Upbulldlns Ihe
system. TioK no1 contain poisons ooi
at'-;, or habit forming dnigS. For sale I.
SCHRAMM -JOHNSON DRUGS "The
Never-Substitutors." five good stores
and other leading drnctcisro .s ',,r
bOOklel of ,-urerl cases ar,d Write to
Bckman Laboratory. Phlladelplah, Ps
for additional evidence.
NOTICE TO CONTRACTORS.
Office of the Board ,,f Public Works
Salt Lake City, Sept 16. i9n
Sealed Proposals will e received at this
office until 8 0 clock p ni. Friday 6( to'
ner 6, 1911. for COnstrtlctlnK ce
ment sidewalks In sidewalk ev
tension N'o 157, on Ninth Raf
Deventfa nasi. Highland prk
Douglas ard Harvard avenues, according
to plans on file in t)e dty engineer s of
fice Instructions to bidden, together wlrh
Plans, profiles, specincatlons and forms
for contract and bond, may he obtaJnei
upon application at the office of the
board of public works or the city mnSZ
nssr. for which a deposit of five $6.Jo)
d liars is recjulred. l' ' '
aU b?da i to reject any and
By order of the Beard of Public Works
h. g McMillan. rjhsJnnS.
THE UNION PACIFIC LAND COM
The annual meeting of the stockhold
ers of the Union Pacific ind company
Nil be held t the office f the company
In Salt Lake City, rjtah on Tueedav
October I'l. 1911 at 11 o dock a. m for
'he election of sis directors of the com.
pony, and for the Transaction of such
t business as may legally ooms be
fore the meeting AIEX MILLAR.
t,,.. c Bscretary.
Dated September 11. 1311 m190"
NOTICE TO CONTRACTORS, Vi
Notice 13 hereby given l i roAm
will be received by the I'ti'lmnassa
to 3 p. m October 0. 1911, lot ''; am
lerlals and lab, .i- r-pipjlrei In ihikH
tlon ot a t welve-morii s.-l 1 liou.s
block Iocs' -d b-tv. , r-:i Xintli and
avenue and between -', am! F ulrtH
the Salt Lake It- board cf v.,-MbV
ac-ordlnc si-. anonJB
drawings, wh:- er-n f,.r nnM
of the bidder.s at the office of IqH
Klertlng. architect, !l 7-1211 ?eit bid)W
Sail Lake. city. rtah. a:id nil bidH
pppnsals at Ihe f.hovp time tl
holy opened rind rer.- In t Le off Irs sH
board of i-l n.-.i t j.-.i- in -lie .iM cfl
t b-ilidlnc. Sail Lake rpv, VtasH
Olds tr,Hl -i iv! I I 1 'Po:i(d orsH
cation for S.-tlt Lake Clt." nd lajH
in rhe lowev 'eft -hand -orrer. "RtH
Ninth avenue school luilldlnft." orH
bids can he delivered to ihe board aiH
cation if. ). t'i .irtd r!cH
opening same. 1
Rids must rni eoat.im 'er. .'II flora,
l-ii-arlons propositions or ny
things than liios--1 inentini.pd In fM
spe.imatlons. uiiiwlt'cs. contrvH
bonds, and bidder must use the foaH
i)ids whli h vvill be found a; Ihe aflbB
the said architect and no v-r fonB
bid win be rei elved. Bf
A certified or ashier's "- Ot sfl'
bank in Salt Lake Pit. Utah feBB
least p--i ..f .'.: amount ofBB
bitl e.inst be ..p,. i,..s. 1 LV 'i -:'-lr Bt
be made payable m the iiri'krripttlB
Is to be forfeited r rhe miflerilgrsBJ
case the bid epie.l n;'d ' ' BJ
does r.ot enter into t'.e con'.mct B
three ria-s afte: ;is a ceptance
faithful execution of th contrteBM
bond hereinafter mentioned.
The proposed , ontract and ootid irtBJ
at the office of said architects an4B
there be examined. 1
A bond must he f nrusliM for 0UV
of the bid. and zood ;r'i. sufflrlenfBJ
ties, all sattsfacton 10 tho imdorsltsmj
The-, bids are to be for ?,-l"jBF:
work and no subdivision iv!l! be BJ
1 Por the building completaM
he'jiinc, plumbing an,! elei trie HfhtBB
3 For plumbing. BJ'
I. For electric w ring for Merit. BJj
The undersigned reserves toe "BAj
reject anv and all blda J
Dai'. 1 Salt Lak-i flly. StptfnilHSm
11P KI.'L'i.'ATION OF fjBl
NOTICE TO CONTRACT0.B
(ff.-e of the Board I 'ul v,'."rlf4B
Salt Lai.-- 1 I'.. I'- 'B1
Seak-d i.r..nosa:. r: :"" JlBsr1'
rhls office until S o .-lo-k n. tn. 1 'JJJ
for -.,r-riine (ss)
sidewalk- ir. Sidewalk ".x'ension
extending rrom Fourth North to mj
!n streer. accordlnc I " ,1P JiBj.
the CI tv Enclneers o'flre for vsssa
nollar? Id rMBH
re hi I '''C m llBJt
plans, profiles. Ions BBT
for contrad and bond m,J'"Ba7
upon applh iM.-.n ' 'n ' '"sBj-
Board of Public Vor!-?.i or mc "-1,ymj
rfT;ie right .-een-d r-joct aflK
a,Byld order of the Board "t Py
,V''r"S H 1; MMIL1 AN 'hiTSWh
NOTICE TO CONTRACTOBefc
Office of ihe Rosrd o( ' "fjK
1 "v i i5 Bm
Sealed proposals will be
office until S ; 1,(1
her e 1011 1 W;
state and K nt VBBL
Ninth South street and dBm
according 10 plans on tile .a JW W
gineer-s -ffi'-e .r,g,:h'r M
Instruction? to bidders ' 'b
Plan,, profiles, speeltlcstlon" Mflt)Bby
contract and l' 'r V 0rBBsWi
upon application i JrV'
board of nubile works "r JJ- fjm
neer. for which a deposit or n
dollars Is required -Meet iBBJPl
The right Is reserved to rejec .,
al! bids. ... PuMl BJ
NOTICE OF STOCKHOLDEM BJ
I NO -.
0regon Short Ufrroid Mfe
The annual m 'S ' r)rt RtBJl
era of U - r- MB
wi;i h i.eld V tie -M? oJifr
pany. in Sail i.aK' -U 0 ciod
ncsday October 11. 1? ' dir35BV ,
for the election of Vn.rritMM
the c-nipany. anf! for in- . jjjy MTSt
such other husincss m J I
in-fore be ineering. .f-r of ,9oBJl
The hook.' for the trun1" rr (
be dosed for the purpo nn viBl t
ing at the close of bu-lnc" wl1l fXb
day. Septernb illLB