Newspaper Page Text
10 THE SALT LAKE TRLBUNE, WEDNESDAY MORNING, NOVEMBER 20, 1912, ' 1
Ira mar us
Bull Valley Gold and Home
Run Copper Properties
Are Inspected. j
I SALT LAKERS OWN BOTH
John T. Hodson and M. R.
Evans Returned Prom In
That Utah money and talent an: en?
SgeJ In the nleiiinnt procedure of bring
ing out two now proportion giving every
promise of making llrst-class profit-makers,
one being In Nevada and the other
in Utah, Is the. opinion of John T. Hod
son who, with M. R. TSvans. has com
pleted u visit to the Home lain Copper
and tho Bull Valley Gold properties.
The Bull Valley property la behiK
opened by Mr. Hodson and local nino
elatea In a very energetic and hucoom
lul manner, and tlie flaaurc veins eo far
sounded to a depth of 10 feet are ex
tremely atrong and large, ranKlii.s in
width from eight to fourteen feel.
A considerable urnoun: of Hid ore in
t.icso veins Is of an extremely hlgh-grado
character, carrying bonanza gold vulucfl.
but in taking the developed ores into con
sideration all this hlgn-grade was lef
out of all the sampling done by :hoo
two visitors. The aamplcH brought to
Fait Lake and being -assayed tit tho prun
nt time arc taken from the average
Everything at thin property, ataled Mr.
Hodson. pointed to it being dovolwiiod
into a big gold producer.
Mr. Hodson was much impressed villi
conditlonu at the Home Run ut Jirlctol,
IVcv. The ores of thin property an far
aa now known makes in aucccHilve cuy"
or swells, ami tho greater the depth
gained the larger tho depoblts of ore bo
cc ne. Thl3 cavo oro as shipped in car
Jots to tho Salt lal;o mncltcrs runs from
ii to 7 per cent copper and averagen Gl
ounces sliver to the ton. A number of
teams are kept busy hauling this ore to
-he railroad tracks, and tho management
evpecls to have at least three ears on
t'le way to tho smelters before tho end
In regard to the Home Run property
It will b of interest to the local share
holders to learn that all the ore blnii are
full and overflowing, and thu manage
ment will have to Increase its, bin ca
pacity, for extraction during the develop
ment work la getting fur ahead of tho
teamn now engaged In bringing it to
See Comet Group.
Regarding tho visit of -Messrs. Hodson
and Uviiiih. the I'lochc Record says:
I'Munn T. Hodson and a. K. JiiVann
wore In the city this week on mining
business. They made a trip to the Comul
district to look at property In which VV.
TV. Uailey and others are Interested. It
is likely that the visitors will become
'n'festcd in tho property, its It is under
stood that they became very much lm
prrjjacd with the proposition and eJ.
iresKcd themselves as being highly
pleased with tlus mineral possibilities of
,ic Comet district."
Now York Mining Stocka.
.lames A. Pollock .t Co.. bankers and
I krrs, furnlnh the following, received
ocr their private, wire yesterday afler
noon: NEW YORK USTISP STOCKS.
i Saley.l 1J. ' L. 'Cln
Clilno ! S.GOO; ISiJ IS! -IS J
GoldJlrJd Con 1001 HQ 1'i
Nevada Con 50U1 221' 2'J9 22J
Ray Con 3,5001 22i 22 22
"nr. Copper I 600 -10&; -lOJI 408
Miami Copper ' 4.D00! 2Sf -Si! 2S8
I'lali Copper ! 0,200' Gflj' (i2I 033
In-plratlon ' 1001 VJi J91 lf4
Studehakor Con ' j r.l ill 13
NT-: YORK CtJRU RANGlj.
I Sales." II. I Ti. ICIse
Ilrat Nat. Copper...! j 21' II 2J
Clroux Con 500 -1E! tf Ah
IUv Ccntnil I 2g' 2j! 2S
" ukou Gold I :u ?, I ;;
Onto Copper I JSl I Si 13
Xtw Koystonc ! 2i' 2 2
Snith Utah I t,' V
ipon Valley I 12SI I2i 12J
Braden Copper JiOO 9 ! SI 0
la Koso J,000l "! L'J 24
j'cimont ;:ool s sa x?
Tonopili ! 6J 0i' Ci
Alaska . ., 1 Q t s5 Sj
NEW YORK CURH CLOSE.
I Bid. .ked.
Klv Consolidated ; iTf" 1 .20
3 lrst National Capper.... 1.95 2.001
GirotiK Consolidated -1 .55 4.62a
Yukon Cold ;;.00 3.12J
New Keystone 2.00 2.12J
Mplsslng S.r.0 I S.T5
Ohio Copper 1.55 i.C2i
V.ay Central 2.37Jil
31 Roso 2. no"' 2.55
Foutl- Utah : 25 .50
iit.h Columbia Copper.. 1.50 I 1.75
J5.iv titatc Gas I . 13 I ,55
3'udon ( S.S7JI 9.00
Manu Vullcy I 12.50 12.62J
Sioux Consolidated ....... I .01 I Ofl
Cn'erndo J .?, i .20
3r.n Blossom I l.O I l.co
f'arisn I .05 ! .15
Ncada Hlllw 1.50 ( 55
I We notice that all the crack
ball players arc now being en
gaged for the 1913 season.
What is worrying lis, is
whether to tic up with the ice
man or take a chance on some
ball team. (That is, if we can
keep out of jail.)
""Wo'vo Paid the Rent."
Office 277 S. Main St.
Tel. Ex. 401.
H STOCKS, BONDS, GRAINS,
I James A. Pollock & Co,
BANKERS AND BROKERS.
. 133.825 South Main Street (Flt Bid;.).
Salt Lak City.
Direct Private WJr to alt Marietta
Duplex yiem On Iletay to Nw Tori
H ' and Boatoo.
H CorresponCtnla Members all Tlxch&nc
Stocks Carried on LlboraJ Marrlna.
SftGUllsU in Moontala Statu 'XaitDiaaa
Mill OUTPUT TO
'Alterations at Mill to Be Felt
by Giving1 a Greater
'Extraction. 1 ' -j
An official of llic Miami Copper com-
pany, upon rutiirnlnj; lo the cnat from
an inspection of the mine and mill, stale
in substunco Unit tlic Innovationa ut
tlio concentrator will bcln :iialntiiifr the
manuKonicnt early in 3013, for by making-
a bolter metallic extraction f.io com
pany will increase the monthly copper
production to approximately 3.50O.00O
pounds, whereas the present output is
about 5.000,000 pounds. Under the pres
ent conditions the company is treating
an avorasi! of o000 tons of ore dully,
placing tlic company easily upon the
dividend basis of $2 a share per annum.
At the .tlnu; laut reported tins Miami
management had about 1S.000.000 tons
of copper ore in developed form, devel
opment work bavins' practically ceased
for a time prior lo the milling opera
tions. The company has been doing
some very telling churn drill develop
ment in recent months, and the known
mineral area thereby has been materially
extended. The company doubtless will
have' a. far better tonnage lo report In
tho forthcoming aunuul report.
The Miami was ono of the propositions
brought into successful being as a re
sult of the success of tho Utah Copper
property at T3ltiglm.ii: and the Nevada
Consolidated at Kly. Joining the Ray
Consolidated and Chlno as tho three big
modem and low-grade properties round
ed out at a comparatively recent date,
beginning their activities coincident with
tho advance In the market price of cop
per. The Miami is averaging U.OOO.OOO
pounds of copper per month, th Ray
Consolidated averaged 3,038.000 pounds
monthly during tlic third quarter of this
year, the Chino averaging ti.-H6.08S
pounds a month during the same period.
REID INTERESTS IN
Tlic Boston Klnsmcial Xcws says it
has been reported for several days that
Daniel G. Kclu and his followers have
ben quietly buying the leading copper
shares, and it is pointed out that the
presence of John D. Ityan on the board
of directors of tho new tobacco, com
pany, of which Mr. Rcld is president,
Indicates a. close association of these
The most definite report in thifi con
nection ho far itf a statement bv ln
tcrsts. that are usually well-informed,
that tlic Rcld Interests have bought 50.000
shares of the Inspiration at private sale
at a price above the present market by
about per share. The assumption is
that the Itynn interests gathered this
stock 'together for Rcld to allow him to
acquire a substantial interest in one of
Ih leading ntoeks of the ltyan group.
It is obvious that sucli a development
as an active participation by the eKId
interests, would be of great importance
to the copper share market here as well
as in New York.
NEW HALIFAX HOIST
STARTED ON FRIDAY
Conditions at the allfax-Tonopah show
practically no change, from those that
prevailed last week. The cutting of the
station on the 1000-foot level is now com
pjeted and drifting on the vein hns been
ruumcd, but. ,no Improvement in values
lias been encountered.
On the 1 100-foot level, tho west drift on
the contact mudc the usual progress with
out change. Operations with the new
hoisting plant commenced Friday and
sinking or the shaft will bo resumed
soon as the new skip is received, ibis be
ing expected In a few days. Tonopah
Boston Mining Stocks.
James A. Pollock fc Co.. bankers and
brokers, furnish the following, received
over their private wire yesterday aftor
noon; BOSTON COPPER UANGI3,
I Salca.l TT. 1 Tj. ICIso
Algomah . ? J S?l 3 3
Butte fc Balalc ir,o! -lii 4ji M
Rutte & Superior ntin; All' 17J' 474
Calumet & Arizona.. ir.O' 7Si! ISil 7S4
Chief Con , J00I IJi 1fil Ifl
Copper Range 313' 57 I G6i! 57
Daly West I. ! 3j! -i
Da-vis Daly ' t'il
ICast Cutto Goi MJi l-llj Hi
(Jironx Con RIO! -ijl Ah' -ii
Granny Con .".I S2I! 7t?al 7H1 751
Greene Cananca .... 405' g oa
Hancock . I -to 25 ! 2r. i 2"
Indiana Copper I u0 17M 17' 17a
Inspiration Con. .-...1 1 20" 20
Iakc. Copper I U1C'! 31V 30' 30'
l.u Rose I I 2l 23
Mason Valley I- IfiO! U'A1 I2M 12i
Nevada Con I ! 22!,JI 22a1 225
Nevada Utah ! 1 3ci lcl 3c
Niplsslng I 22".; SE. SE SB
North Butte I 355: 3C ! SHS: 3C
North Lake I .1 .".9! 3 3
Ray Con 1001 22il 221 1 22
Superior t Boston... 1751 2! 2'Ji ?.J
Trinity 1 1 .r.l 5 ' 5
U. S. Smelter, com. .1 P15I 15 UZl K,
Preferred I 1771 Dljl 5051 51 j
Ftah Con I S20l 33Sl 13CI 13
Pond Creek ! 27j 27jl 27
BOSTON CURB CLOSE.
i Bid. lAjiked-
American Zlno J31.00 l?31.25
Aix'udian 2.75 3.00
P.Ingham Mines -1.75 5,00
P.utte Central 3.124 $.37 A
Boston Ely 1,00 1.05i
Butlc. &, London 50 .52
Calaveras 2,75 3.00
Kerr Lake 2.G2J 3.00
Keweenaw 2.00 2.12&
Old Colony P.12JI 0.25
Bohemia - 2.75 3.00
Uegolo 2.00 2.50
Majestic 43 .13
ICagio .t Blue J3ell...- 10 1.00
S. V. Miami 5.25 ,00
F.I Paso 5.i;2s 5.75
Pond Creek 27. 25 27,50
Somb Jikc 6.75 1 7.00
Mayllowcr If.. 00 15.25
Miami 2S.R7J 2S.52i
.MiiHSacliutict Ls tj.25 (5.75
Helvetia t'5 1.00
Mb'lilgan 1.75 2.00
ujibwny S.tio 3.5
Honth IJtali .30 .40
Shannon 11.50 11.75
(.'lab Apex 1.75 I 2.00
Tuolumne 2.50 I 3.00
Victoria 2..50 1 2.C2i
U'inona l.t.iO ! (.50
Wyandot .' 1.25 ' J.50
Greenu :t.fi2lj 3.75
NVida Doughvn 3.75I 3,S7i
Holon Copper S.75 I P. 00 I
Oliccp 2.0f.i) 2.20 I
San Francisco Oil Stocks. !
JanicH A. Pollock fc Cu.. bankers and I
brokers, furnish the following, received 1
over their private w Ire yeatcrduy afler
noi'iu ! Hid. jAnked.
Asj-oelatod Oil 1411.75 15
Carllxjii . 1 .90 j
Clarcniont . ! .50 "..
Mniito Crlslo ' l.fi
Silver Tip o
S. VS. & B is
Turner . . SO i.. .
"'K. Oil . 1 .sr. j 2.06
Ore and Bullion.
Tho ore and bullion report for Tues
day, given by McCornlck k Co., wuh as
follows: Ore rwlvcO. $30,000; bullion
shipped, 55WOO; total. 539,000.
T. " mrlal quotatioin for TwJtwlay. poFt
d bj Mi'i'ornlek &, Co.j wero a. folloTi;
Slhc", C:tc; Itud, ?i.7o, cojipcr, ?17.22;.
DOUBLE BUSINESS ON
THE LOCAL EXCHANGE
Trading on the- local exchango Tukii
dav was about double tho avcrago or the
builnesH thut has been pxpcrlcuccd dur
ing the two years or more of stagnation.
Everyone is encouraged, everyone uocnm
inclined to boost and it. seems beyond
I question that all should perk up for con
ditions Justify this In a mo3t positive
The unlisted Issues were ucllvc again
yesterday. Alta Consolidated. Home Run
Copper, Bull Valley and New Ycrington
being especially active In tho sale column.
Tho business for tho day totalled 33,555
shares of stock, tho market value or
which was ?1 1.003. SO.
The following wcro tho closing tran
sactions: UNLISTISP STOCKS.
I Bid. lAakcd.l Sold For.
Alta Con ... 5 .40 S .50 ? .4S i? -4J
Homo R C .20 .23 .20
New Vcr ... .10 .20 .U'i
Cardiff 2G .30 .274 ......
Hull Valley.. -0 .22 .20 .201
Blug Ct-Sd.. .10 .11
Rico "Well... .46 .50
Rico Argt. . .20 .25
T. Quincy ..I .27 .30
So Heda ... .14 .16
0. -Kcntucky .15"
Poll. King ..' .05 .OS' .......
Federal Rly.; .01
McDon. Uly.l .10 .20
I A. M. II P. M.
I Bid. lAskcd.ll Bid. Askcd.
Beck Tun .'5 .07i!? .10 11$ -08 1$ .10
Ring Anntl 1 -05'j .OS .0i3 .0.
Blackjack .10 .13 .00 .M
Ceilar-Tal .001 .01 .001 .01 J
Cent Mam ........ .10
Century .. .05 .25 .0.)
Col Min .. .IS .10 -17J .IS3
1. 'ol Con .. .12'. .35 .12 .jn
Con Mer 03 .12
Cm Point .02J .031 .02? .05
Dulv ...... 1-30 1.G0 . 1.30 1.00
Dal'y-Judg 6.15 0.50 0.15 C.50
Dragon ... .15 .25 .lu .......
ICsist Prince .01 .02 .011 .02
J3 Crn Vt. 001 00i
E Tin Con 00
R Tin Dcv .001! .01 .00i .01
Emerald .. .01 .05. .01 .0u
Gold Chain .36 .11 .K .41
Grand Cent .77 . Si .S
Iron Bios . 1.27J.1-30 .12i3 1...0
Ind Queen 01 OL
Iron King .10 ......
Joe Bowers .00 001
Keystone . . .07 075
King Dvd 10
King Wm .' .03 .031 .03 .10
Lead King ! .01 M .10 .011 .10
Lchl Tin ..! .001 .01 .00i .01
Lion 11111 .03J .04. .03J .04
Little Bell .......I .35 I .35
Ixiw Iam I .03 I .06 .04 .06
.Masonic Ml, I K -5
Ma Vallev ' 12.00 13.00 J 12.00 13.00
May Day ..! .20 1 .21 .20 .21
Min Elat. . .1 01?,
Nov I-Jllla I 1.50 3.50
New York .00 .005 .00i .002
Ohio Cop 71 1.50 1.75 1.45 1.75
Opohongo .' .OD .10 .09 .0Si
Pioche.D .. .OR!' .ODJ .0S .09
Pio Metals.' .01 I .02 .011 -02
Pitts-Ida ..I .94 I 1.25 .03
Plutus .... .07 I .07 .06?; ,07i
Prince C ..! 1.70 1 1.721' 1.70 1 1.721
Rich & Ana1 '. M .061 '
Rexall ,... .01 I .015! .01 .012
Sevn Tr C'i .2641 -23 l .2S I .50 ,
Sevn Trgh I .01 ,02H .01',! .02
SI1 K Coal I 3.15 I 3.20 I "''-i' '
Sioux Con .03 ! .01 .03 .04
So Iron Bl 1 1 .003't 001
Swan Con ' .025! .03l .022 .30
S King Con' .77 I .S4 !! .07 I l.OO
Tlntic Ccnlj .01 f ,0I: .01 .0U
Unit Tin J -00s .007M .001 .00
ITnele Sam I .111 .17 ! .M .17
Utah Con-. I .01i! .012' -01 .0t2
Union Chf.: .07' .03 J! .071 .10
Victor Cou I .04 .05 I! .04 .05
Victoria Cn! .55 .58 ! .56 .5?
Wllbert ... .00 .10 .00 .10
Tank Con . .10 .20 II .12 .10
Tcr Cop .. .08 .105'J I .101
Gold C Crn .011! II .0141
Grulli II I .01
Moscow .. .30 I .40 y.25 .15
Iron Blossom. 100 at $1.27j.
:May Day, 1500 at 20c: 1760 at 201c. '
Prince Consolidated, 1000 at 51.70.
Seven Troughs Coalition. 1000 ut 27c.
Silver King Coalition, 200 at ?3.15; 100
I'nion Chief, 1000 at 7ic; 100 at Sc.
Shares sold, 7760.
Selling value, ?37SS.S0.
Crown Point. 2000 at 3c.
Mountain Lake, 500 at 4c.
Silver King Coalition, 25 at ?o,13,
Shares sold. 7325.
Selling value,. 5146S.75. '
Iron Blossom. 1100 at ?1.27i.
Mav Day. 300 at 201c.
New York, 1000 at Jc,
Opohonco. 1000 at 01c
Seven Trougliu Coalition, 1000 at 2Sc
Shares sold, -1400,
Selling value. 51S45.00.
Colorado, 500 at 1Sc : ' "
Crown Point. 10M at .03c. .
Iron Blossom, 200 at 1.275. . ; '
Tron Blossom. 700 at 51.30.
May Day, 2000 at 201c.
May Day. 1000 at 2lc.
Mason Val., 20 at ?12.50.
Shares sold, 1070. . .
Selilns A'alue, 53001.25.
BUTTE & SUPERIOR
MILL ABOUT READY
There arc prospects that tho new mill
of tho But to & Superior company and the
new hoisting equipment will go Into
commission between tlic 15th and 20th
of this month, or a fortnight earlier than
lias been anticipated.
This means that Butte & Superior Is
on the eve of making large earnings, for
spoltor Is now bringing 1.35 cents per pound
and the company's new mill ig expected
to treat 1500 tons per day. Its pros
pective earnings arc phenomenal.
Thompson, Fowler t Co.
Ncvadas in San Francisco,
James A. Pollock & Co.. bankers ami
brokers, furnish the following, received
over their private wire yesterday after
noon: I Bid. I Afckcd.
Jumbo Extension $ .30 $
Blue Bull 07
Silver Pick 07
Lone Star 04
Atlanta 17 .IS
Florence .71 .75
D'tleld B. TJ. Cons. 04
Goldtlcld Daisy 05
Combination Frai?'i 0D
Kcw alios 04 .06
:old(leld Consolidated ..... 2.10 2.t21
C. O. D 06
Merger Mines 33
Ophir 54 ,55
Mexican 1.821 l.SS
Consolidated Virginia' 35 ..".6
Hale mid Norcro.ia 12
Yellow Jacket 14 .45
Sierra Novada 31 ,3i
Union 42 .11
Ml.pali Extension 65
Tonop.ili Nevada 6.371
Tonopah Belmont S.DG
Tonopah North Star S3
West End Con 1.60 1.621
Jim Batler 73
Boston Tonopah 03
Monarch Pitts. Extension.. .24 .25
Manhattan Con 13
G. YVcdgo .09
Mineral Hill Consolidated .11
Wbltr Caps 10 .11
Big Four 33 I .il
Othr districts (
Nevada Hills 1.47i
Pittsburg Silver Peak ' .SO
Ran hide Coalition i.. .36
TONOPAH CAMP A
Statistics Show the Camp Is
Steadily Increasing' Its
TEN ORE PRODUCERS
October Was Good Period
for' All the Larger
Willi its usual thoroughness, the Tono
pah Miner of November 16 gives an In
teresting account of operations In the
Tonopah district, and the tonnage ligurcs
for the quarter of this year ending Oc
tober 31. The production in tons by com
panies was aa follows:
I vi 1 P.
s I o a o
Company. a; j w 5-
Tonopah Min. 11,429 H.SOfi 15,KM 44,109
Belmont .. 11,736 12.405 12,100 30.241
Montana . .. 4.S0S 1,173 4,1271 13.70S
Tonopah Ex. 1.767 1.450! 4.7S0' 13,097
W. End Con.. 3,650 3.S10I 3,650 11,100
MacNamara . 1.406 2.030) 1,907 5,343
Midway . ... U0! l?5i 1S0 .515
Jim Butler ..I 620! 1,316' 1,397' 3,315
Mizpah Ex. .' 301 t 30
North Star ..j I 45i 150; 195
Totals . ..I 11.5S6 43.5301 -13,737; 128.953
Tiic above statistics of tho production
of the Tonopah mines for tho three
months ending October 31, show:? the
highly satisfactory increase of 17,250 tons
over the total production of the previous
three months ending July 31.
The remaining two months of tills year
may reasonably be expected to show a
proportionately larger increase from the
Rclmonl mine and also from shipments
from tho Tonopah Merger, which will
commence In a few days.
Two Leading Producers.
The Tonopah Belmont in October as
sumed llr6t place as 11 producer and prollt
niakcr of the district by vlrtuo of the
successful operation of Its new concen
trating plant. During October the com
pany milled 12,100 tons of ore, the value
of the gold and silver recovered being
$259,363, the net earnings being $161,
696.9G. This was about $6000 less than
the previous mouth, but it will bo re
called that the elcclrlc power of the
camp was Interfered with during Octo
ber, and as the profits are about $10,000
in excess of dividend requirements, tho
showing is highly satisfactory.
The next big producer of Tonopah dur
ing October ias, of course, the Tonopah
Mining company, which milled 35,164 ton.1;
of ore. averaging 5IS.31 per ton, the to
tal net earnings for the- month being
$135,763, which were in excess of divi
The following are given as the mining
events of the past week in that camp:
Events of Past Week.
Tonopah Mining company's October
profits, f 135,765.-
Tonopah Belmont October profits,
5161, 69G, New oro bodies encountered on
the 1100 and 12th levels.
Tonopah Merger cast drift on 1070-foot
level cutting stringers of very rich ore
Shipments commence next week,
Nortb Star cuts high-grade ore be
tween 900 and 1000-foot levels. Ships
car of good oro this week.
Jim Butler winze on 600-foot level en
ters body of good ore. Shipments main
tained from development work only, ore
in stopes held in reserve. Tho property
is still making profits.
West End crosscut on COO-foot level
cutting stringers of quartz.
Montana, cuts new vein on the 390-foot
Tonopah Extension increasing ore re
serves and new working shaft cutting
Monarch Pittsburg commences cross
cutting on the 1000-foot level.
New Golden Crown shaft enters West
End rhyollte formation.
Buckeyc-Bclmont shaft continues to
cut stringers of high-grade ore.
MacNamara drift on UOO-foot level en
counters lower Contact vein.
This weeks production of Tonopah
mines, 10,869 tons, valued at $271,725.
James A. Pollock & Co., bankers and
brokers, furnish the following, received
over their private wire yesterday after
noon: Paine, Webber & Co., Boston. Today's
market showed a repetition of yesterday's
dullness. La Salle was the only stock
to show a fraction of gain: North Butte,
Range and Granby wcr practically un
changed. Old Colony and Mayflower were
actlvo and tho buying seems to be by
the same peoplo who were instrumental
In forcing sharp rally in botli stocks
which we had last spring, l'loor traders
and professional speculators arc respon
sible for most of trading today and until
there is more widespread Interest in the
matket wc advise sale? on all rallies.
Logan Bryan. New York. Tho news
from abroatl, according to private ad
vices was somewhat moro roa-'isuring, it
being said that lior.lilltlea had ceased and
an armistice was arranged. London and
the conllnc.nl, however, were credited with
having sold American issues moderately
on balance, and in addition, during fore
noon trading today there was quite a
little pressure emanating from profes
sional sources, which had a tendency to
unsottlo the Hat. but owlncr to the fact
that on the downturn genuine liquidation
on it broad scale wh3 not forthcoming,
prices later recovered easily, though at
no time did the trading bear any sem
blance of buoyancy.
Foreign exchange has nearly readied
the level at which sold Imports under
ordinary circumstances, could proJllably
be "made. :;o that the foreign news today
uas scanned rather than closely looked
over on the expectancy that any pro
nounced betterment In the international
political situation would be reflected by
a greiitcr disposition 011 the part of Lon
don to permit New York to bid for
some of the new gold arrivals. Should
the yellow mclal be obtainable in quan
tity in the near future the same would
do much towards benctltlng domestic
monetary conditions and. perhaps, permit,
an expansion of loans with consequent
uctlvlty on the upside of market.
Wc believe that sentiment has of late
hccpine so much one-uldcd a? to preclude
the probability of a marked decline at
this period, and, therefore, favor pur
chases of the standard Issues for mod
erate turns during weak periods.
TEST FOR TUNNEL
An Interesting test will be given the
Karns tunneling machine this afternoon
at 3 o'clock, when it will be callvd upop
to cat its way through a big block of
concrete prepared by one uf tho local
contractors, and who behoves that he
has prepared something that will bring
this rock borer to a halt. President
Belcher is positive that nothing Is too
hard for this machine to ncgotlute, and
ho looks forward to this afternoon's test
with every confidence.
The I'tah Ore Sampling coin pan. on
Tuesday released live cars of ore f:om
Utah and one car from Colorado camps.
That is, "our merchandise never has two ! w
I prices. One money-saving price the year ;
I round, is all ;
I Instead of giving you an OCCASIONAL II
I REDUCTION, we will sell you a $25 Suit.
I for $15 today, tomorrow or any other day m
in the year, except Sunday. W
I Our merchandise is designed by master r
hands and you will appreciate how our Ii
1 SNAPPY WOOLENS FIT and hold their 1
shape. : I
j Suits and - , , $15 to $25
I Fall Press or Tuxedo , $20 mi $30
I Mi Troissrs , , $2.50 mi $3.50 :j
I1 UPSTAIRS CLT11ES SS1F j
On Main at Posf off ice Place ;15 seconds j
frtwaap ami ii i wiw mm fflrflwLH"firnlwir"Mw
wmm ii1 m 'in wi'ii1 i 'i tii
I DAILY DEMONSTRATIONS 3 lo 5 p. m. in vacant
0 lot, cast side Commercial Club Building. Will "plow H
through" a Block ol Cement Today. H
I interest" beixig" aniio in the
iasis I ynsiling Hfetaiiie I
Not only in Salt Lake, but throughout the whole fa1
country. The sale of stock is reported "very brisk" Sal
at Cleveland, Ohio, and Birmingham, Alabama. In- Kj
vestors recognise in the Karns Tunneling Machine jj
one of the most certain dividend payers ever offered HS
in America. All experimenting and speculating g
about the machine's possibilities is a thing of the fij
past, it is now a proved success and will earn stock- 9
holders big returns. j
1 Parent S. Stek at $2 Per Share 1
h Is an exceptional offer. And this offer will be 11
9S withdrawn soon on the only block of Original Com-
pany Stock ever placed on this market. Buy all Em
you can and Buy Soon. Come in today. JH
1 L E. BELCHER, FISCAL ABEHT
617 Newhouse Building, Salt Lake. H
iwimiHii in 'Ti iturnff 1
OREGON SHORT LINE TIME CARD.
EFFECTIVE SEPTEMBER 20, 1012.
Depart- Daily. Arrlv.
7.1 K A It Ojcrtrn, MaJad, Denver. Omah. Kan Q .of) A "PJJ
.ID ii.. JVl. . clty Chlcaso. San Francloco. Ely und In- v xi. xa.
termedlata points. 1
8:00 A. M. ..dStr'Q&iXm' -10:00 P. M.
9:00 A. M. . : Motor. Ogcicn. 5:00 P.M.
10:00 A. M. . Oe3n anfl 1ntermxJ!at point. . . 6:50 P. M
11:40 A.M.. cveJlaafl SS?e? .lSS" CMc-.. 3:15 P. Itf
11:59 A. M...1 B8lpD.!l8t5l,, O,,caco-.. 4:45 P.M. !
1:05 P. M. . ,erJand SdSrF Sac-. . 2:05 P. M.
2:45 P.M.., Offdcn. Doln. Fcrrtlanfl. Butte ,. . 4:50 P.M.
2:45 P.M.. Ocflen. San rranc!e. f. . 6:50 P.M.
3:30 P. M. Motor OEflen. BrlRham. .. 9.15A. M.
4:30 P. M.. .cSen- BrtfnrinuAnhSia"07- Malaa.. 11 :30A.M.
Ocden. Denvtsr. Omaha. Chtcfft (Part
5"30P M . rua Jur n1 wot only r- ..12:40P.M.
6:00 P. M. . Motor, oeden. ,. . 8:00 A. M
11:45 P.M.. crier., Boiso. forttana. iutt. .10:30 A. M.
City Ticket Office, Hoti Uta. Toltahone. Eschano 13-
Use Your Opportunit
Xot the least of them isf
opportunity lo alow av
your valuables in an al
lutely saL'e placj for $1.5i
year. " I
Have you used it? M
Safe Deposit Vaults.!
lUHi DENIAL (
I f12 MAIN STREET-
j Honest Work
I Honest Prices j
1 Painless extraction ot teotb op otj
jO Ail vrork guaranteed.
f REMEMBER US.
j We Treat You Rig
2 Offlco houn: 8:30 a. m. to 8 il
fl 6undaya. 10 to 2. Phonet 112.
JSgryr the Holy Land j
I ( 17,000 Tons) J
1 'XCATING TAN 28 191
1 HEW YORK JA1.
B 80 DAYS-$325
I fc'coa for fall lr.farialoo. j
loU West Randolph St.. Chicago, M
I. A. Benton, P. 1 T. A. Denver!
Grande Ry.; U. J. Kycs, 201 Mall
Salt Lake $9
DENVER 1 RiOlM
5A0X EAST EXCORSli
Oct. 11th. Limit Oct. Slit.
Oct. lath. Limit Jan. 3'it.
Nov. 23rd, 25th.x Limit Jan. t(
Doc. 21st, 23rd. Limit Fob. 2W
Denver, Colorado Sprlnc j
Omaha. Kansai City
San Francisco -
Low rate to othor cactern doIV
etopovera- Dlvorse routes.
STEAMSHIP TICKETS 'J
To all part of tho world. J
J01 Main St. Priono Wasatch X