Newspaper Page Text
THE SALT LAKE TRIBUNE, SATURDAY MORNING, NOVEMBER 3, 1912, -r jl
ftlltffJu . . . - 11 ' -1 rzziz' , , ,-. " i iiimai mil 1PITTTI wm in i ,'iWrT hi
I! UTAH THE WT
I fob mmm
International Smelter Secures
Concentrates From Jumbo
I PLANT. IS t)OING WELL
Property Responds in Manner
Equal in Every Way-to
Sr-clal to Tho Trllnmo.
GOLDFIELD. N'ev.. Nor. 1. Five ad
ditional concentrating tables, or Johnson
winners, have been ordered and will bo
Installed shortly at thi? Bonnie. Clare mill,
v.hirh I now treating the. product, of tin?
PolovcnU mine of the Jumbo Kxtcnsdon
company. Tho iloor space In ibe mill
has roen cnred and all Is in readiness
foi Ih'lr Installation and all neeePFiiry
supplies for ibis mldltlouul machinery are
helm: prepared for th mH.
nniv ten of the twenty stamps with
wli.fh the mill l equipped have, been In
irt- of late and tho process of treatment
has been simple concentration, whb b han
he n glvlnz hlphlv satisfactory reaulti,
as tho" highest Iom.s In the ladings, oyon
frcm the best grade of ore treated, ha
not exceeded SI.SO per ton and has uMinlly
he.'ii nearer the minium of 51.20 per ton.
The ,-iddltlon of the live concentrator?
will, uccurdlnc to the company's encl
neerjt ;md mill experts, increase the ca
MiSlfll pa-It v of the plant to 100 Ions dallv.
jfflPBj lnill recently only ore or eoinpura-
iMBjC tlvelv low prado has been sent to thft
QIMfi iriiil inl durlnfr the first thre weeks or
BflPB more of opetntlon the ore was of uch
RUHb low grails, for beddlntf down the plant.
eSIH that It was not supposed any coneen
BkH tr. tes of value would bo saved, but It
HUH nov appear? that evo these concentrates
MS will lelrl a eooil return. Lately the ore
ITDB shipped has averaged from 20 to $:I0 per
HH ton. Mbnr eondlllons In I'tah tended
BH to delav tho shipment of the first conceit-;
HUB trates hut this dlffR-ulty has been cllmi
BJBjBJ nafed and within a short time there will
HHI ho .onio detinite Inrlleation, obtained
hSUH from the returns' from concentrate ship-i
HjBJj jnVjitf, of whHl may be expected In the
BHBi tn future In the. wnv of net earnings
BJl hr- the Jumbo Extension.
H Slimes Are' Valueless.
HuH Manager E. S. Van Dyclc slates that
BHflj there is evnry indication that n good re-
IMH eo rv will .continue from concent ration
HHH alone' nnd that II. will he unnecessary to
HH re;mrt to the eyatilde trealiuent. He says
USBj that the precious metal content appears
pJBJH to continue. In the various grades of. ore,
tHIl in the metallic, the gold and silver bc-
BSVBj Ina combined with the copper and iron.
HBSj and it" this process continues lo of feci
HHh a r -.nplely separation, leaving, fs tit prcs-
Hb out. almost nothing of value in the real
HHH sdhne. the process may he relied upon
HBj to produce results as good as could be
HMN Several .-arloads jf concentrates have
HVfl ahendy accumulated and this in'oduc.i
MUj wil' be shipped to the smelter at Tooclw.
IHN TTtuit. within a short time. A special
BHflH trainwav has been constructed from the
HKBJ mill to the spur track from the main line
HH of (h'v 1.. V. & T. railroad with which lo
HI handle tho concentrate, nnd regular, ship-1
HHH ment:i wUI hereafter he made to the
HJW smelter. The capacity of the storage
BH bins at the mill Is ai present f00 tons and
BUI will he increased to 000 tons by a slight
BUS change In the stump bins.
UwJ The best ore yet found In the I'olc
HM vcide mine of the Jumbo Extension coin
DDI piny has been on the deepest level, where
KflfflJ the work lias benp in ore. This was In a
IHH whi8 below the no-ealled Jinn-foot level
HBVI aul this or boilv will be tanned shortly
HBHl by 'he lntertm-dlatr level, which Is sev
HHM nly-se.ven feet below th tl00. This will
ySBjl nTcrd at least 1T0 feet rrf stoping fiacks
npjHJ on this ore bodv, ullowin.g for the flat dip
nHfrl ff the vein. Four raises are hlng driven
HBMI from the SOO-foot lvel and oil arc In ore
n Hvcraglng better than p;;r ton.
H Results at the Mine.
flBMfl Som" highly Important developments
HSW have been made in the southern part
MHJ of the property, where It Is apparent that
IMH the main Vlcrmont vein has been peue-
IBH t rated on the U' 11'-foot level. From this
IMH levl a raise was driven, following the
BHW dl of the counttv for about, InO feet.
raHH and the vein w.is sliown to be about sixty
HHBJ (.'l wide and containing seams of pav
HHJj ore. The great distMin e of this work rroih
HI the hafl and the difficulty of supply air
yHJui mndo It inadvisable (o procecnl with the
njPJH work until connection had been made for
MBfl air. and with this end in view the !00
MHjl j-outh crosscut vIll at once be extended
IHfll tq n Point where this connection can be
HBHI cosily made.
NnEjl ".Villi the completion of the new ln-
npnW Mtallalion in the mil), and as a large ton-
PjpWH nagc of ore Is required, another crew of
Dan miners will be employed, und while one
HSH crew Is kept at work on new devclop
LBHj another will continue on new devclop-
IHJSu nient. Th propery has been explored
ME9 as set only to a very small extent nnd
KMR there Is still u laiRc area of virgin ten-
BjjlW tltory that Is regarded us of excellent
Hn promise. The southei;n . vein, opened on
BpHI the 101 level, ltas practically not been
BU explored a I all, excepting for the short
MRI drift that was driven from the raise, and
flHH this vein Is believed tn hold as great
HBJ possibilities as any In Ihe district. The
IMH ore seams export In tills short drift
UjHflj yielded assays up to $W gold per ton.
Mfln The Jumbo Extension coinpony Is still
IMH negotiating for the acquisition of what
tUBB !' regarded as a valuable gold property
IMBn In the northern part of California, hut the
PJBnj deaf hns not yet hecn definitely closed.
pUMJ President Van DvcU has inspected the
MB mine and mill again within the iiast week
IHPMJ and expresses himself as highly gratl-
BBMJ lied over the condition of the entire prop-
IJKjPJ "rty and the company's prospects for
Mn large and continued profit earning.
IH Sail FranclBco Oil Stocks.
HI Ji.mcs A. Pollock & Co., bankers and
Uj brokers, furnish tho following, received
Hi over their private wire yesterday after-
H ciarrhont .CO
J fonte Crlsto .' ,.. 1.22
H auer Dough i6"....'.
W Tintic Oro Shipraonts.
H Special to The Tribune.
H EITUKKA. Nov. 1. Following arc the
J ore shipments from Tlntlc district for the
J week ondlng tonight:
D New hulllon ....... .'. ..i
H Scran ton
H Lower Mammoth i
M idllon Beci: ...!!!!!!!;!.'!! .j
H niief oniraiid'aled 0
HH Fagle A- Fill" noil . ......
m Cjiarid Central . .. , ..... 11
Iron T3lof m ni U
,A CVnfiinn' IZmcka. -.
li COPPER STOCKS
Foreign Visible Supply Eaten
Into During the Past
As shown Ivy tho London Fortnightly
statistics, the. foreign visible copper sup
ply during tho last, two weeks of Octo
ber was roflueou" nlnetv-iilnc. .1oni. iluiibi
leptf'diie to the. decreased exports, if east
ern. 'students of tho situation arc to he
credited with slslnc up tho situation cor
rectly. The foreign visible surplus on
Kove.nibcr I, therefore, lolalcrt f7,:5tt5.ri60
pounds, tho smallest supply on hand since
last Juno SO.
' The foreign visible stocks In pounds for
the year so far. compared with the two
preceding years follow:
I ici:. I toil. 1 mu.
January 15...... ll:i.850.OM!lR6.Stt.0SM2ltv,tt.Cn
January' 31...... ll2I.K0.JSO!utfi.35:.3:0 2tS.203.2O
Frbnini-v II I li:'.tfW.C03l15. :.5.5St.0fO
I'cimmrr S3 n:.,7i9.7(lli.M5,s5ft :i.t.io.sio
inrch is ii4.in2,80.MiM.i.r'0.7ift r.i.r.ir..:oo
Mftivfl I J 12. TS6. 0501 1 63t.Opa. 1 20t 2 l!".firt i. so
April ir. liu.io.itoli77.i2r.Tf.ot:ifi.;Moo
Am n ::u iii.Sfii.l.,ii.i.7,.if.o.:t5.fiM.o
Mn- 15 l(n.SV.I20tlM.725.ltl)l2lS.S0S.S0ft
jtr sv !i?.7:.i20!i.6.".s.i20i:3n.;,r..o
Juno IE I :..r.ou:oii:..M.VVM.OM.2o
.limp SO . M.5Mi.I20liri7.i:ii!.S'0 23:.SCI,rtS0
lulv 5 W.tS'.UinltfiO.pnS.SOil 2,?50.5W
jnlj 31 llOl.lfir.. lS0152.37rt.00Os22.1l0.f 00
AIICIIH IS !0.1.R3:'.(i20 Hn.nj0.SO0l21,fi2.'!.'!S0
Aiiciit ni K.PS7.:.:oii?.wj.spfii2is.tJ3.iio
Kupinmticr ir. .... jft:.os2.:2oiiu2.7M,.o(,:ii.:soioo
Scpli-mlior 5ft ... I 0".l06.72fl1.'.n.?l,-.00 2l0.72.0(ft
Ocioiifli- ir. n7.r.Pt.5fiin..-!,.'S.t4n 20J.iso.o(i
Ortobrr III &7.SSS.GG0 I3S.SSIJ.7S0 IJX.0H3.2SO
November IS l33.r.2S.tiO lf.I.SSI.COO
Noveinbor SO 131,47.rtsnln3.2')0.000
D. 0!iilior 15 )127.05.0!i:ft (00.000
Prccmltgr 31 li2MSS.P0nlH7.7O3.2Sn
Kebiiiary l I3H "'l mo-
There has been unusual silence recent
ly among copper authorities regarding
the probable, slate of Ihe domestic visible
supply at live close of October, soon to
he disclosed by the monthly report oi the
American Copper Producers' association.
Not that predictions heretofore have been
anv wavs near correct, hut it Is a fa
vorite, pastime lo speculate on tho prob
able showing to be made. While an In
crease likely will bo shown to tho sur
plus, there is no probability that It will
alter the situation materially. The big
producers are holding their asklnc price,
tlrm at 173 cents per pound, sales of
limited blocks being reported occasionally
at a shade below this figure, but not by
iho principal producers of the metal.
FIRMER TONE NOTED
IN MANY INSTANCES
Several stocks on the local exchange
Krldav were somewhat tinner and a new
feature In the. Instance of Colorado lin
ing was noticed. The day was a satisfac-ton-
one all around, 18.210 shares of slock
spliinc. the market value of which was
f."il20.2ii. As the exchange will be closed
today, the. week ended with yesterday's
close, the. total sales for the period be
ing IJT.tUB shares of stock, tho market
value being $'-'.". S1o OS.
The. following were the closing transac
Bid. jAskcd.l Sold Kor,
Alia Con ..l$ . Cli;? Jr. $ . M (w
B C-Stand . .10J: .11 .11 0
Ohio-Ken ..' .-0 I .L'j .21 H
Column 12xt. .0i .OS
Now Ycr ..! -. Au 1 .:.JL7i
T-Qulncy .J .'J.'t .27
II Hun Cop. I .24- .2(5
South llccla.! .12 j
I Forenoon. j Afternoon.
; Bid. lAskcd.P Uld. lAskcd.
B Tunnel .0011$ .10 I'S -OSJ'S .09
nine Amal ' .05 I OS J .OH? .0?
Black Jack .12 12
Carlsa. . .( -10 r 10
C Talis ... .01 .01 AI .01 I .011
Centurv ...I .05 J .05
Colo MIn .. .15 .!" .15 .15
Col Con ... .10 ..15 .10 .35
Crown Pt . .02 .02if .011 .025
Only ... .SO 1.C0 J -00 1.60
Ialy-.l. . . . G.00 7.00 S.00 8.00
)")rni;oii. .. .15 ....... .Ici
K Prince .. .01 .02 I .01 .02
!: Cr Pt OOi
K Tin Con 00J 01
K Tlntlc D .001 .01 !
Kmprald ..1 04
Gold Chain .H5 .40 .35 .50
Grand Con I .i!2 .72 .68 .1.10
Ind Queen .003 .01 .00i .01
Iron Bios .! 1.10 1.125 1.10 1.121
Iron King 10 .01 .05
J Bowers..' .00j .10 ' .in;?.!
King Wm .n:j I ,03J .03
Lead King .02 02
Lehl Tint .001 .003 003
Lion Hill . .01 .04J .03 .05
Little Bell I .35 35
L .Mam ... .03 ,0G .0CJ .062
Mammoth . .SO S3 2.00
Mason Val 12.25 14.00 12.25 13.00
May Day . .15 .16 .15 .1?
Mln Flat 0U
Mt Lake .. .03 .05
Nev Hills . 1.50 1 .00
New. York .011 .00i .01 J
Ohio Cop . 1.55 i kl.G0 1.50 1.70
Opohongo . .0011 .101 .0D? .101
Ploche D . ,0S5 .005 .0S .001
Ploche Met .OU .02J. 'OH 0o
Pitts Ida . 1.25 I 1.50 1.23" f 50
Plutus . .. .061 .07J 0B .074
Prince Con 1.77M 1.S5 1.77 1.S5
Itcxall . .. .Olii -021 .oi 02
Seven Tr .. .01J! .021 . .01j .02J
S K Coal... 2.35 1 3.00 I 2.35 3 00
S K Con... .05 I l.oo I : win
Silver Shld .02 ! 1 o"
Sioux Con.. I .02?! .03 1 .0231 ".03J
So I Bios...! !!j ) obi
Swan Con.. I .023 .03' .02" !o3
Tlntlc Ct... .01 I .01J .Ol'l .Oli
U Tintic... .005' .01 .00" .01"
Uncle Sam. .12 -.16 .12 ! is
Utah Con .01 .013 .013 !o'l2
Un Chief... .OS .On .OS .0f
Victor Con. .03 .05 05
Victoria C..! .5S .fiO .57 '.59
Wilbcrt Ofii! .10 .0D9 .10
Yank Con.. .15 I .20 10
Yer Cop ... .081!....... .OS
G Cir Cr... .011" .02 .01 .02"
Moscow . 1 .25 I .50 .25 .50
Colorado. 1000 at 151c.
Crown Point, 1000 at 2c.
Lower Mammoth, 1000 at Sic.
Lion IIIU, 2000 at 43c.
Prince Con., 100 at 5LS0.
Sioux Con.. 1000 at 3c; 200 at 3ic.
Shares sold, C300.
Selling value. $539-
Columbus Con.. 500 at 10c.
Iron Blossom. 1040 at $1.10.
OpohonKo. 200 at 10c.
Prince Con.. 300 at SI. SO. '
Plocho Demijohn. 1000 at Dc.
Shares sold, 3140.
Selling value, J1S73.
Iron Blossom, BOO at $1.10.
Pittsburg-ldahn, 1000 at $1.25.
Swansea. 100 at -ijc.
' Victoria Consolidated, 100 at 5Sc."
Shares sold, 1300.
Selling value. 51072.50.
Bingham Amalgamated, 1000 at 6c.
Colorado. 500 at IGc.
I.owur Mammoth, 2500 at Cic. -Onohonyo.
700 at 1 01c.
Victoria Consolidated. 100 at 5Sc.
Shares sold, 7000.
Selling value, $733.7.1.
KA-RN3 TUNNELING MACHINE.
A special mn will bo jiven Saturday
afternoon at I p. in, with' this wonder
ful invention for the benefit yf Lltose
lh.it cannot vt off during- tho week.
The ucirlune is Incited in the vacant,
lol ju t caU-a iKv Commercial club.
Colombo to psy
President. Jesse Knighl Says
Directors Willing- to Help
GOOD TREASURY 'lND
Action Based Upon Erection
of Knight ill to Treal
When Tho Tribune on Friday called
hla attention lo the fact that tho Colo
rado Mining company supposedly was
contemplating- a resumption of quarterly
dividends at the next regular session of
Ihe board of directors, President Jesse
Knight confirmed this matter to the cx
tont of saying that the board wok to
take up this question, and that the
chances were very favorable for a divi
dend in time for the stockholders to do
tholr Christmas shopping.
The Colorudo Mining company so far
this year has paid $(10,000 In dividends,
bringing Its grand total to date, to J2.57",
000, or $2.57 per share, the last distribu
tion being made In June of this year. At
Ihe next meeting following this last divi
dend action the directors found that the
treasury was In a sufficiently "provided
condition to permit a continuation of
profit sharing for some time, hut the fact
that the hlKh-grade ore was pracMcally
exhausted and that there was a sreat
deal of ne.w development work ahead of
the organization, It was deemed the bet
ter policy to conserve the cash balance
for this work, rather than to pay it out
and then force the officials to assess or
solve tho future financial phase, of the
company In .some manner befitting its
Mill Decided Upon.
Since the company ceased dividends the
determination has been reached hy Mr.
Knight to Install a concentrating plant
for the treatment of the low-grade ores
with which the Colorado and other of
his properties abound. The Colorado is
especially well provided with this sort of
ore. rock that will not allow direct mar
keting but which, by Innumerable care
ful experiments, has been found to be
within the purview of the mill. This ton
nage, therefore, will be handled as soon
as the plant Is ready, and work upon the
mill Is well under way.
Mr. Knight was asked regarding the
finances of the Colorado at this time and
he replied that while he was not certain
of the exact amount Ihe treasury held
over $70,000, and perhaps the amount
would be closer to J75.000. The last di
vidend was for 3 cents a share, or ?30,
000. an amount the company can well
spare at this time, for early in the spring
the mill should bo affording a market
for the Colorado low-grade ores and a
good profit to the company. The di
rectors will decide this dividend question
at their next mectlnc eaily In Decem
ber, the annual meeting of shareholders
being scheduled for the 10th of the pruj
Confidence in Mill.
Should Ihe. Colorado officials follow the
Inclination of Prosldont Knight and do
claro a Christmas dividend, It will dem
onstrate that Mr. Knight and his asso
ciates have reasonable assurance that tho
concentrating plant being erected will
prove the success It gives promise of be
ing. It has been a favorite hobby of Mr.
Knight that the enormous low-grade ton
nages of Tlntlc should be milled, and that
some fortunate metallurgist would hit
upon the plan eventually lo bring this
about. The project financed hy Mr.
Knight personally is In good hands, and
Us success means a renewal of earnings
for nmnv Tlntlc companies now out of
the profit-making division.
NEW VERSION OF
The upturned roots of a fallen tree,
leveled by a recent storm, have revealed
to Frank Brown and Pamcs Smith a. body
of silver-lead ore which they believe
holds great promise. Steel galena, In a
streak sixteen inches wide, Is the chief
asset of the ledge at the point of ex
posure, but sinking is expected to add to
the resources. Samples of Ihe galena
submitted to an assay for test have sur
rendered silver and lead nt the rate of
$120 to the ton. The heavy capping of
iron, with which the galena Is associated,
carries sixteen ounces of silver to the ton
OPOHONGO IS BACK
IN SHIPPING LIST
President Hatfield of the. Opohongo
company was In Salt Lake several hours
on Friday en route from the mine to his
California ranch. Shareholders will be
glad to learn that, after a brief cessa
tion of shipments due to the lack of curs,
tlie company has resumed production and
ore shipments, and all Is running smooth
ly, he stated. Mine conditions generally
are highly satisfactory, an evidence of
which was the recent dividend of in
creased amount. Mr. Hatfield was in a
hurry to get bnck to California to gather
a bumper orange crop in his orchards.
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.
1 Sales.! II. j I CUe
Chlno Copper 2.400 452, 45 ! 452
Goldfleld Con 300 26 21 25
Nevada Con 1.200 2U 20i' 203
Ray Consolidated ... 7.000 21 J 212 21'.
Tennessee Copper .. 200 41 401 41
Miami Copper " 200 273 27 27
Utah Copper 1,500 021 022 022
Inspiration Con 191 133 193
Studebaker Con 43 ! 42 43
NEW YORK CURB RANGE.
1 Sales.! H. L. IClsc
First Nat', Copper f 2J! 21' 2 J
Glronx Con 43" t?' 4J
Nevada Utah .......1....... 3c! 1c' 3c
Rav Central .....-.... 22; 22' Si
Yukon Gold 3il .12' 3
Ohio Copper IE' li' U
Now Keystone 2' 2 ! 2
South Utah i 1 S
Mason Valley 122 121 121
Bradon Copper 1.300 7 I Cjl 6,
Elv Consolidated 20c! 18c 20c
Nevada Hills 700 11' IV 1
Belmont 1 9i' .1J' )l
Tonopnh I 200 f.R' ( Rrj
Alaska '.. I SI Sll S
NEW YORK CURB CLOSE.
I Bid. jAsked-l
Elv Consolidated 5 ,1S 5 ,20 i
First National Copper.... 2.25 2.50
Giroux Consolidated 4.625 4.75
Yukon Gold 3.C7ii 3.bu
New Keystone .... 2.00 1 2.125
NiplFBlng I S.00 I fi.121
Ohio Copper ; 1.55 : 1.70
Ray Central , , 2.3711 2.30
Lh- Rose '. ... 2.37l 2.50
South Utah 50 I .021
British Col. Copper 4.I211 4.371
Boy Slate Gas .r.7t .50
Brnden ' 6.S7J 7. 110
Mason Vallr 12.25 I 12.75
Sioux Consolidated 04 ,05
Iron BlOFtojn 1.07 1.15
Causa 05 .15
Nevada Hills ( 1.45 1. 50
PROBABLE ACTION OF
THE GOLDFIELD CON.
Earnings Recently Have Not
Kept Pace With Dividend
With the close uf litis month, Goldfirld
CoiiHolldaled will complete lis fiscnl
year. The yrar has been an eventful
one., for the company has been forced to
cut Itn dividend from ?2 a. year to $1.20
a year, and earnings hav. falh-n to new
low ll-jurcs nnd arc below Ihe reduced
fjFing the preliminary figures for Sep
tember earnings. !infj ontlmntlnc the
month of Octobor. It Is ponslble to ob
tain a. clone approximation of tho net
prollt; secured for the. entire year. This
figure should bo In the neighborhood of
54.500.000. which would mean a falllnc
off of approxlmatnly 53. 000.000 from the
1011 vear. Karnlnrs for Iho yenr lust
drawing to a close Indicate profits of
around $1.25 por share, rav Thompson.
Towle & Co
Purine the year the monthly profits
have decreased stendlly from mor than
$500,000 In November to something over
$20o.00ft at the close of Iho year. This
latter figure Is nt Ihe rate of sllghtK un
der 70 cents per share per annum. It
Is evident that If Goldfield's net profits
do not Improve ..mother cut in the divi
dend Is llu'Vltahle.
Two dividends of 50 cents and two
dividends of 30 cents will have been paid
during the yenr. These, on the com
pany's .J.r"0s 1 tS fharcPi call for disburse
ments of $5,091,000. It will bo seen from
the above that dividends for the year
have exceeded nel profits by over $1,000,
000. At the close of the 1911 year Goldfield
had a surplus oT quick assets of nearly
$2,000,000. In that report President
Wingfield stated that the company's pol
icy would he to ray out In dividends the
earning as they accrued, retaining a
cash reserve of not less than $1,000,000.
It will he seen that during the year now
closing Goldfield. In order to pay Its divi
dends, has had to draw heavily upon lis
surplus, and that, the company must, he
getting close to the $1,000,000 mark If It
has not already encroached upon this
Record of Dividends.
Goldfield has made a wonderful record
as regards dividends. With the payment
of the dividend on October SI of 30 cents
"per share, the company will have dis
bursed a total of $23.S3S,000 and this Is
exactly five years' lime.
Boston Mining Stocks.
James A. Pollock Jfc Co.. bankers and
brokers, furnish the following, received
over their private wire yesterday after-
BOSTON COPPER RANGES.
I Sales.' H- I U- IClse
Algomah -101 3 3i 3
Butte & Ralaklava I 4 ilj 4
Butie & Superior... I.fi15. hi 44J 441
Calumet & Arizona.. 7fi7! 1 75 ibj (62
Chief Consolidated . 175 (J 15 .11
Copper Ilangc 0 o4 ; 54 oi
Paly West 115 3? 32 "2
Davis Daly 50 2 2 2
East Butte 15' 14 H2 1
Glroux Con 1 "i "IJ W
Granbv Con 555 522 61 i C2J
Greene C 3!0 10 99, 9S
Hancock 25; 22s 225 222
Indiana Copper. 200 141; II 1J
Inspiration Con 102 l'.H lUi
Lake Copper 105 272 27J 271
La Rose 2' 21 21
Mason Valley 12S 125 122
Nevada Con 25 211 21 i 214
Nevada Utah I I Sol 1e 3c.
Nlpissinc I SJI S S
North Butte 755 34 34 31
North Lake 50 3 J .14 3J
Rav Consolidated ... 85. 211 211 2 IS
Superior & BoHlon.. 250 1; V li
Trinity -IS 4 ' I
U. S. Smelter com.. 335 45 442 442
17. S. Smelter pfd fiOJ! 50 50
Utah Consolidated ' 12 111 12
American Zinc OQl 31 ' 302' QS
BOSTON CURB CLOSE.
I Bid. !Asked.
Arcadian 15 2.50 1$ 3.00
American Zinc 30.50 30.75
Bcgole 2.25 2-50
Boston Ely 1.00 l.OGi
Bulte Central 0.50 fi.H21
Bohemia 2-2o 2.50
Bingham Mines 5.25 5.374
Butte & London -IS .4:1
Eagle & Blue Bell 1.06 1.124
El Paso 5.25 5.50
Utah Apex '. 1.S74 2.00
Pond Creek .. 21.50 24.75
Victoria 2.50 2.C2S
Wlnonn -1.00 5.25
Wyandot 1.25 1.50
Tuolumne 2.75 2.S7J
OJibwav I 3.00 3.50
Michigan 1.50 2.00
Majestic ". -10 .11
Mass n.37 C50
Kerr Lake 2.621 2.75
Keweenaw 2.00 2.12a
South Utah 48 1 .50
Shannon 13.S74! 14.00
Old Colony . '. S.S7S' 9.00
Ohio Copper , I.G2J! 1.75
Nevada Douglas 3.2i 3.S7! .
Miami 20.75 2U.S7J !
Mayflower 13.S7J 11.12J
Groene 9.75 9.S75 i
Helvetia 75 ' 1.00
Calaveras I 2.C2J! 2.75 I
Iloton Copper .......I 7.75 ' 8.00
S, W. Miami .1 5.50 ' 6.00
Oneco 1 2.00 I 2.061
Nevadas in San Fraucisco.
James A. Pollock & Co., bankers and
brokers, furnish the following, received
over their private wire yesterday after
noon? I Bid, j Asked.
Jumbo Extension .S .30 $
Blue Bull 07 .OS
Silver Pick 07
Lone Star .' ' .05
Atlanta IS ' .19
D'finld, B. Yi. Coti 05 1
Goldfield Daisy 05 I
Combination Fraction" 11 , .12
Kewnnns ." .05
GoIdtcld Con 2.50
C. O. D 07
Merger Mines 31
Ophlr 41 .ir. '
Consolidated Virginia .... ,o
Hale and Norcross M I..,.
Yellow Jacket 0
Confidence 37 3S I
Sierra Nevada Q4
Montana Tonopnh 2;0
Tonopah Belmont ,. 9. Oft '
Tonopah North Star 35 '37'
Rescue is .:-o
Jitn Uutler .... .()9
Ca?h Bov OK .09
; Boston Tonopah (14 ,. .
Monarch Pitts Era 21 i'jij'
Umatilla OS 1
Tonopah Merger 1.00
Manhattan Con 15 ,ifi
G. Wedge 09
Manhattan Big Four 12
Nevada Hlllfl 1.J5
Pittsburg Silver Peak t ..-7 I -
Oro and Bullion.
The ore and bullion report for Fridnv.
given by McOorpIck fc Co.. w.is as fol
lows: Ore received, ?25.000, bullion
shipped. 519,000; total, $44,000.
PUBLIC HOLDS OFF
James A. Pollock it Co., bankers and
brokers, furnish the' following, received
oi-er their private wire yesterday after
noon: Paine, Webber t Co.. Boston The fact
that tho London stock exchange was
closed today and the unexpected clos
ing of all exchanges tomorrow curtailed
business. The liquidation which lias been
golnpr on all the week war not In evi
dence lodny and scattered buying orders
wore responsible for slight rally. The
election Is the principal topic of Inter
est today and It Is unlikely that we shall
have any change In prices until Wednes
day. Tho election of cither Taft or
Roosevelt would be ;i big bull card on
the markei, hut tho effect of Wilson's
election cannot yet he safely judged.
Logan & Bryan. New York The de
cision to close the stock exchange Sat
urday, taken In connection. with the holi
day abroad today, did much towards
restricting operations In the slock mar
ket, and as a consequence fluctuations
were narrow nnd trading exceedingly dull
but prices held well, and it was the con
clusion of many I hat. urgent liquidation
had at least for the time being run Its
course. The advices relative to the
situation In the Balkans continued as
suring, and It appeared to he the general
expectancy among foreigners that some
thing Important In the matter of rc
Ilevinc the strain produced by the fear?
of complications is likely to occur over
the holidays. It is not at all improbable
that Monday's session will In great part
reflect the various advices circulated
relative to the probable outcome of the
IN ANNUAL MEETING
The stockholders of the Thompson
Quincy Consolidated company held theli
regular annual stockholders' meeting Fri
day afternoon, and thev elected the same
hoard of directois for the coming ear
that served during the past fiscal period,
with the exception that the place as di
rector held by George W. Morgan was
filled by the election of Frank B. Cook
Mr Morgan expects to be away trom
the cltv considerably during the winter,
and wan not willing to continue as a
director under the circumstance? The
secretary made a report to shareholders,
and the usual annual reports coxering
the vcar's operations and finances doubt
less 'will be forwarded to stockholders In
UTAHNS HAVE GOOD
MINE IN ARIZONA
The Philadelphia Press has the fol ow
ing to say in regard to the Arizona Bel
mont company's ground, of which com
pany. W. It. O'Mcava. formerly of Salt
Lake. Is president and W. A. Shep'erd of
Sail Lake is secretaiA :
Developments continue favorable at the
Arizona Belmont mine Work lias ijcen
started in sinking the shaft another hun
dred feet, or from tho fourth Itn el ai 1
250 feel to 350 feel. On the fourth Ico' I
the drift 1ms been run on the vein foi
about 200 feet and the ore averages S2
a ton. It wlj". take about forty days U-'
sink the shaft and when it Is completed
.work will be rushed lo dilfl on the c"
on tho 350-foot level. If the ore Is foun
to continue at this depth, as Indications
point, arrangements will be made fi- (he
construction of a mill to handle 200 tons
dallv. This will cost $7."..00. On the
surface there are ouli ropplnes ore for
a distance In excess of 3000 feet and the
companv has drifted on the o' or about
1200 feet. These ntatcmcnta are made
by a large shareholder.
All exchanges will be closed today from
the Atlantic "to the Pacific as a mark of
respect to Iho late Vice. President Sher
man. Novada Douglas Tonnage. j
In the recent statement of shipments
to tho Mason Va'ley smelter, taken from
the Mason News hy The Tribune, the
tonnage for the week from the Nevada
Douglas was given as 2017 tons. whereaV
It should have been 3017. I
Ore Shipments- J
The Utah Ore Sampling compa.ny on
Friday released six cars of ore from Utah
and one car from Idaho camps.
The metal quotations for Friday, posted I
bv MeCoinli'k & Co. wore as follows;
Silver. 621c. 'earl. 55.10' copper. J17.17J.
The weather inanS$'
of town. Hope heul
as the man he M
charge of his office Mr'
ing fine. Keep Mg,
The Coal Men arej
"This is the Phlp
Office 277 S. uM
. Zy w
't HI BUNK WAXY ADsjK
IwliicK wc believe we
standi the test of quality fe
1 g!jJjtfgffB!K6rf. LMimi.ii.ij. .. . -uEaJAfrf-1'
Mq5BCiMBtff'tBTBBBlM MiWilSfl lfl IIVmWW Mr1rHViiVfcMMMMM'':''
j To The Trade iH9F
H on the tallowing indis- ,
A putable Facts and U. S. IfcS WX
Gov't Attested Figures: WWm
l-Most whiskies bottled m bond are only 4 to 5 yenrs old UJTffL
I 2-More 7 to 8 year-old W. H McBraLr' rJ a t
Whiskey was boledin bond(2 W PW
if fj5 Cedar Brook Distaicry than a other brands c0m6?ne " WF
I TW "1mgjaD adve6e Popular brands made in Emuckv it1rSrrM. 1
Maryland Pennsylvania and all over the U. Sfc 9qmM ft
BAER BROS. MERCANTILE CO., DistrS