Newspaper Page Text
IS . iT
mil THE SALT LAKE TRIBUNE, WEDNESDAY MORNING, DECEMBER 1 1, 1912. -- '
IN SPLENDID SHAPE
HI Beaver County Company Has
mm Solved Fault Problem in
mm Satisfactory ,Way. j
WW COMPANY PRODUCING
IB Eastern Visitors Return From
HI Inspection of Star Camp
Ludcn L. itcrritt, R. L. CriindeH and
J. C. ferrltt. w'nlnp men from Duluth
nnd Minneapolis, who are extensively In
terested in the Rod Warrior property of
The Star district of Denver county, have
returned to Salt Iiko nftor having made
:t caj-cful tnspr-ctioui of tho mine, greatly
plraaod rvltli the situation. The Red
Warrior for some time hna heen one of
the steady producer? of Ucaver county,
and It Is a proposition Hint' has been
financed and bandied entirely by these
east cm intercuts.
Mine Paid Its Way.
These pentomen stated yeHtcrday that
while the Red "Warrior by the production
of close to -V0 i-ars of ore dtirinp Its de
velopment period had met Us operytlif
expenses, fioxno especially line crane ores
bavin? been marketed, the mine facus
now what has nvcrv appearance of be
ins' its happiest period, nod if conditions
are maintained, ns eenis practically as
sured, this company ioon will be piling
up profits at such a liberal rate that the
dividend ptaro will not bo far removed.
The Red Warrior, like all mines, has
had It? trials and tribulations, one
source of trouble having been the solu
tion of tho fault question above the 500
tool level. Happily, this trouble is now
eliminated, the key to the fault situation
is in hand, and the management has a
line showing of ore on the 500. Two
111 raises are being driven in oro at. that
depth, and a third raise will reach the
ore within tho jiext few feet. Shipmonts
are being mad, steadily, two lots being
i on Tie Jocnl mai'ket today for settlement,
j while a third will be out within a day
1 or two.
I This Red Warrior ore channel is the
i Fame as that of the Moscow property.
I and the Moscow likewise has reached the
I final solution of tho fault problem In a
manner that soon will placo it on the
regular dividend list. From tho COO level
I un the Moscow has tSio llncst ore bIiow-
Itnca of Its career, and these three
visitors Fpcak In tho- highest terms of
thin mine. Some of the Moscow ore
carries extremely high silver values, and
ore wjdtha of four to five feet average
olghtv ounces silver to Ihe ton in car
load lots- The company has about seventy-five
men employed, a new hoist and
oompresior are being Installed, and with
rhls new equipment futirre production
will bo materially Amplified. The Mos
cow frequently makes shipments of cop
per oro also to the local HiucUcrs,
The visitors assert that the Star dis
trict never looked more promising, and
they predict a splendid year throughout
191:; for several propositions there. One
property during tho past few days, tne
Montreal, has made a discovery of fine
ore right from grass roots, and this
promises to be heard from most substan
tially from now on.
M CORRECTION ON RAY
M CON. NET .RECOVERY
H 1 Attention has bocn called to the at
m I count given in these columns on Tuesday
m 1 morning regarding tho six big porphyries
II n that the Ray Consolidated recovery of
H & copper to the ton of oro was too much
Hel underestimated, the recovery of twunty-
ftth thrcs pounds being given In the future
;) tense, whereas It should have been in
3 the Present tense. Tho truth of this
, M readily can be seen. Tho last quarterly
jjjl report of tho company showed a recov
or' of 2LG5 poifnds on a 1.6HS 'per cent
Hi! copper ore. while tho general average of
I the Ray Consolidated tonnage Is 2.17 per
Counting tin: average as only " per
cent copper, however, for the sake of
hrevjty. this gives ore carrying forty
pounds of copper to the ton. and a 70
per cent recovery would moan the recov
ery of twenty-eight pounds of copper to
the ton of ore treated. Where thousands
of tons of ore dally are bundled, this
f-xirn five pounds is something too sub
stantial to be overlooked.
The Ray Consolidated management, by
the very nature of the ore deposit. haH
had to begin mining from the edge,
lliereby not securing tho best and the av
erage grade of the whole deposit at the
'ititstart. as the ore has been either oxl
dJr.ed cr In mining some of the waste
rnatorl.il adjacent to Ibis part of the de
posit necessarily became mixed with the
or. Kvontually the management will be
In a position to handle the average grade
of the whole, and the grade now reach
ing the mill is showing a steady improve
ment In copper content.
I Children Cry
O A3TQ R iA
I OLD SORES
II Wounds, etc., that refuse to
H heal under the usual treat
Hi ment speedily yield, in most
B cases, to Cuticura Ointment
H assisted by Cuticura Soap.
Bn For llteul (utajplfl of wcb. with 32-d. booklet, tret,
BS fidma "Cuticura," dpi. 12E, Boston.
I Did you notice that cheerful
fire in our window the last few
nights? The fire inspector als"D
saw it. Said it was against the
city ordinance. We're liable to
have to go "to -jail over Christ
mas. "Ain't it awful" to bo
the poor coal man?
"We've Paid the Rent."
Office 277 So. Main atreet
' SI 1 iflrrjiw.. Vk J
: j jf jljjf
MAGI EAST COPPER
ORE BODY 15 fill
Sample Brought to Salt Lake
by Engineer Browning Is
I Thai one of tlib flncnt breasts of ore
a person would wish to bcc is that orTthc
CuO-foot level of tho Magma property,
where the management la drifting alonK
the cost ore body, Is tho statement made
on Tuesday morning by "W. C. Brown
ing, Held engineer for tho Gunn-Thomp-son
company, who has returned from a
visit to this noted Arizona mine. Word
reached the local offices a ehort tlmo
ago tlmt the C50 level operations hud
driven into tho east oro body, mid fol
lowing this Intelligence Mr. Browning loft
for the property.
Up to tho tlmo of his departure from
the property . several days sigo tho ore
hud boon opened along the trend for
ulxty-ilvo or seventy feet, with ore still
In tho drift, and a crosscut driven about
twenty-five feet from tho faco disclosed
ten feet of good grudc copper ore. Oc
curring within the ore body are streaks
of very rich copper glance, and a sam
ple is to bo seen at the local offices
whlrh will carry not less than i0 per cent
cent red metal. The company has de
veloped the west ore body to greater
depth than this cast resource, and work
haa been started on the SflO-foot level of
llli U'pst hnrlv In nnnit Mm .njf lrwl I
During the past summor the Magma
management was busy receiving and In
stalling now machinery and tho big com
pressor is now operating, tho pumps arc
Installed and the company in In fine shapu
for pushing ahead the comprehensive
campaign of development work as out
lined. Oro shipments aro being made
steadily, although no effort is made to
produce oro, such as Is extracted In de
velopment work only being forwarded to
the smelters nnd nothing less than C per
cent copper Is shipped.
Whll o In Arizona Mr. Browning visited
the Inspiration Consolidated mine, whore
everything is activity In rounding out
the proposition for production. Tho com
pany Is excavating for tho big mill, much
of the railroad grading is completed and
the contracts for the structural steel
have been lei.
LOW PRICES BRING
IN GOOD SUPPORT
.lames A. Pollock & Co., bankers and
brokers, furnish the following, received
i over their prlvato wire yesterday after
noon: Paine, Webber &. Co.. Boston: The mar
ket today was especially encouraging on
account of the greatlv increased volume
of lmylng orders. Prices for good cop
pers look so attractive that people with
money were willing to buy. In snite of the
heavy forced liquidation all day the close
showed a fair rally. This increase of pub
lic Interest Is most encouraging and even
If we eventually sec lower prices we
should got a rally of ? to o points from
this level. We adviso on tomorrow buv
Ing for a turn.
Logan &. Bryan, 'e.w Tork: While the
list for a period during todav's session
Allowed a disposition to rally, primar
ily as a consequence of a temporarily
oversold condition, and ns a result of a
desire on the part of a few scattered
sH?,rt? to cover on a moderate scalo,
still it was not apparent that the sell
ing movement had as yet run its course.
A few of the active Issues closed slight
ly above last night's level, after new low
records on the current movement were
established, this being notably tho case
In the Instance of Steel, but otherwise, j
as In Union Pacific there appeared to be
qulto a little long stock for sale.
The industrials were subjected to
heavy pressuro and the disposition to
lighten lines of such to a minimum is
still quite pronounced. We stated this
morning that even TcgardleHs of 1hb
general trend of prices, a sharp reaction
as a. consequence of temporarily oversold
condition or short covering Is not im
probable when least expected, hut at the
.ame time we are disposed to view that
even after a recovery further long stocks
will be met and that declining tendencies
have not as yet run their course.
HALIFAX DOING MUCH
Work at the llalifax-Tonopah shaft is
again in full swing on the 1000 and 1-100-foot
levels and sinking of the main shaft
from .tho latter point to a depth of 2000
feet will be resumed on Tuesday, says
the Tonopah Miner.
Tho new three-Ion skip and 7.10-gallon
bailer which will act as a counterpoise in
the second compartment of the shaft are
being installed and a 30-horsepowcr olec
frIc ,h,2Bt- Is. ?c,n?;' Placed in position on
the 1400-ioot level, where a concrete res
ervoir of 30.000-gallon capacity has been
built. Into this all the shaft water above
this level will bo drained and hoisted to
surface with tho bailer. Dirt from the
shaft below this level will be hoisted to
It by the electric hoist dumped Into tho
three-ton skip and hoisted to surface,
where It will be automatically dumped
into bins already built on the head frame
or the shaft. Tho property is thus
equipped lor rapid and economical sink
ing to great depth.
On tlie 1-100-foot level the west drift
to the Belmont is out 250 feet, but still
has to bo driven 220 feet to tho west
boundary line of the property. From the
big station on the 1000-foot level drlftlne
has been started cast on the vein in
which somo promising values were en
countered in cutting the station, but the
faco of the drift is now In low-grade
MERGER MINES CLOSES
AN IMPORTANT DEAL
Special to The Tribune.
GOLD-FIELD. TJec. 10. An asTeement
has been reached between the Goldfield
Merger Mines company and tho Jumbo
, i"fi!Sn. comply, by -which joint uso
of the Poleverdo shaft of tho Jumbo Ex
tension property has been provided for.
Thin will permit, the Merger company to
develop Its Velvet claim at depth, and
President C. O. Whlttemorc announces
that the Merger will begin immediately
io iirirt in ore, and as soon as connec
tions aro completed with the Velvet
workings, tho Mercer company will be
come a steady producer.
This is considered ono of the most Im
portant announcements In recnt vcars
In Nevada mlnlne. Tho Mercer com
pany Is controlled by W. A. Clarko' Sic -000.000
Deep Mine company. President
VMilttcmoro fctats that the original plans
of the company to drive to the 2000-root
lovbl in lIiq St. Ives ohaft will bo carried
out to, Ihe letter, while- tho cotmcctlona
with the Goldfield Consolidated iaft on
the 1.100-foot level will bo completed
within a fortnight following tvhlch two
large fissures In th shale will be developed.
I MORE DIVIDENDS IN
TIME FOR HOLIDAYS
Special t0 The 'Tribune.
hIH Jcc- Thrco holiday dlvi-
rotora i of the Grand Central, Gold Chain
GrtlJl(i Central company will pay 5
m52 vwtsharc,.or S25.. on January l.
the books clofcins on December 16.
Tho Gold Chain will pay 3 cwnls a
fhure. or iSO.OOO. on December 2a. th
nooks cloning on December 16.
i ,d0 I,nIn" company will pay
nCcPu t 8Jmre; f ,30'000 on Dumber
-'f tho books closing on Dercmbpr H
VICTORIA If J SEE1
81 DIRECTI LEU
Announces Mine Is Showing
Best Resources in Its .
Confirmation of tho existing extremely
line conditions at tho Victoria Consoli
dated properly of TInilc has been brought
to Salt Lake by James C. Lynch, a direc
tor of this organization, who has pont
two days Inspecting tho mine. On 'tho
J -'00-foot level the management is open
ing In both directions the rich ore body
found via the new shaft, tho ore being
as wide as twelve or fifteen feet In placos.
and it Is shipped as broken down, re
quiring no sorting whatever.
Mr. Lynch said that the property has
tho best showing of its history, and from
present Indications the present dally pro
duction of a car of ore can be main
tained for a year at least, with ilia
chances for still further extending thesu
resources excellent. John Shea, who
served the company so long in tho ca
pacity of foreman, has been mado super
intendent, and Mr. Lynch says that ho
has takun hold of Ills work just as ho
was expected to do, having the situation
very well In hand.
Tho management Is cxpoctod to hook
onto tho now electrical equipment at any
thne and with the advantage of this
hoisting system tho Victoria will bo In
Ideal shape for successful development
effort and production.
Boston Mining Stocks.
James A. Pollock & Co., bankers and
brokers, furnish tho following, received
over their prlvulo wlro yesterday aftcr
noon: BOSTON' COPPER RANGE.
Sales. 1L j L. jClso
ATgomah I 051 'J4I 2.JI 2J
Butte & Balaklava . SO :il .18 3J J
Buue & Superior... n.-MS 39 37i 3Si
Culumet & Arizona.. -1.302 71 063 fiSi
Chief Con 'J.2C0 1J 12 U
Copper rtango 1,575 50 -1SJ -IHJ
Daly West -1 31 -1
Davis Daly ., 1,425 13 U 12
East Butte 3.C10 II 13 14
Glroux Con 3.875 3i 3J 3g
Granby Con 3, 102 01 G2 (53
Greene Cananea .... I. -135 SZ SE Sfi
Hancock 780 23 22 23
Indiana Copper 515 131 13g 132
Inspiration Con 190 175 171 175
Lake Copper 1,820-245 21 21
La Rose 2J 2i 2J
Mason Valley 115 111 II 11
Nevada Con 794 19J IS?. 10B
NIplssliiR 235. Si Si SJ
North Butte 3,:.l6 31y 30 31
North Lake -3 2S 3
Kay Con 190 19!! 19J 19J
Superior &, Boston .. 700 U It 1 ft
Trinity !! li -1;
U S Smeller com ... 2.919 -111 -HI 41
preferred 199 -102 -(UJ -191
Utah Con 513 10 10 10J
Pond Creek- fi-17 25 21 I 21
BOSTON CURB CLOSE.
American Zinc $27.00 27.50
Arcadian 2.25 2.15
Eos ton Ely 1.0(51 1.20
Bohemia 2.00 2.50
Bingham Mines -4.375 -1-623
Butto Central 0.00 G.37J
Butte & Loudon 35 .-10
Bcgole 2.00 2.25
Calaveras 2.50 2.75
Korr Lake 2.50 2.75
Keweenaw 1.9." 2. OBJ
Michigan 2.00 2.371
Massachusetts .... - 5.00 5.50
Majestic 41 .12
Miami 25.00 .25.50
Mayflower 14.25 1-1.50
Nevada Douglas 3.125 3.25
Ohio Copper 1.20 1.25
Old Colony 7.87$ 8.00
Grecno S.(52j S.S7
Victoria 1,75 2.25
Winona 3.50 4.00
"Wyandot 1.00 1.50
Utah Apcc 2.00 2.12
South Utah JO 25"
South Lake G.00 0.37s
Shannon 12.371 12.75
Eaclc & Bluo Bell 99 1.0BJ
S W Miami 4.25 -I.02S
Pond Creek 24.75 I 2S.25"
TO I Paso G.00 G.121
OJIbway 2.00 I 2.25"
Tuolumne I fii a C7i
Stewart J 1.G2JI 1.87
MIchigan-TItah I 1.00 I 1.12
Alaska I 9,25 I 9.37$
Oueco .1 T.C2j' I.S7q
San Francisco Oil Stocks.
James A. Pollock & Co., bankers and
brokers, furnish tho following, received
over their private wire yesterday after
noon I Bid. lAsked.
Associated Oil IS42.00 IS
Caribou 95 ".
Monte Cristo no"
New Pennsylvania 5s
Sliver Tip 40 .....
S "W and B 15
Turner so .
New Tork Mining Stocks.
James A. Pollock & Co., bankers and
brokers, furnish the following, received
over their private wire yesterday after
noon: NEW YORK LISTIDD. STOCKS.
I Sales.) II. I L. Clso
Chlno 24,200 423 -10i -114
Goldfield Con 900 16 1J IB
Nevada Con 7,000 19J 181 194
Ray Con 12,000 20 191 193
Tennessee Copper . , 3,300 37i 35 3fi2
Miami Copper 2,800 253 25 25
Utah Copper 11,000 5SJ 57 5S
Inspiration . 400 ISA 173 1SS
Studebakcr Con 2001 r?s utj
NEW YORK CURB RAN'GE.
I Sales.l 1L L. Clso
First National Cop .1 13 v, ii
Glroux Con I 2,5001 32 3 81
Nevada Utah I 3c lc 36
Ray Central ....,.. n oj
Yukon Gold 3
Ohio Copper 1,000 11 li li
New Keystone 1;
South Utah r ? j
Mason Valley m n" u
Bradcn Copper 9,000 9? 95 91
La Uoso ... n 01 i
Nevada Hills r,66 li n ii
Kerr Lake 200 "i -n i
Belmont r50) 8J 71 s
Tonopah CJ Jj
Alaska Pg 9J ft,
NETY YORK CURB CLOSIC.
I Bid. lAskod.
Bly Con m 1
First Nat Con ........ 9 I'n
Glroux Consolidated ;; "0 ' - "d
Yukon Gold .-..'no 3 "Vox
New Ivcyotono i,SVj
Mplsslng c 27 s c"i
Ohio Copper .............. 'k ?' r
Ray Central "Ui
La Roho i'rn
South Utah or
Britieh Columbia Cop .. 4.00 1 4 -Jr
Bay State Gaa 1 'X,
Mason Valley 1.1. 00"!
SIoiix Con 01 St
Colorado 10 05
Iron Blosoom I'-n i"m
Carlsa ...... n? U-
Nevada Hills l"i inn
Oro and Bullion.
. The ore and bullion report for Tuo-.
oay. plvn by McCornlck & Co., w "k
follows: Ore rcce vcd. S12.000' bullion
shipped. .M5.000; total. HOO. '"u"on
The ftah Ore SampllnR: company on
Tucvda" rronze- f.iRht earn of o'e fmm
' tah mining ramp."'
SILVER KING STOCK
FEATURE OF TUESDAY
Tho demand for Silver King Coalition
Mines stock brought this Incite to ll rec
ord high point Tuesday for tho pros-cut
movement, $3.50 a shnro being gained,
and tho elosn whs firm. The market olh
crwlno was quirt, nnd the tendency to
wag all along tho lino followed a ceosn
tlon of tho buying prorsuro so much In
ovldeticc lately. There wcro sales for :
'37,776 shares of stock tho market valun
of which was J10.114.S5.
Tho following wero tho closing trans
actions UNLISTED STOCKS.
I Bid. A?kcd, Sold For.
Mich - Utah $ 1.00 $ 1.05 $1 ,02. . . . . .
T.-Qulncy . .HO .32 .31 fa
New Vcr- .. .1X4 . m '
MoDon. tely .20 .30
Ohio-Ky. . .22 .32
Alta Con. ..! .55 .59
Kly VItch .! .OGil
Ring. C.-St. I .074 "..
So. Hccla .. .141 .10 ......
Colum. E. .' .0G
H. Run Cot).! -!0
I A. M. P. M.
I Bid. IA8kcfl.ll Bid. lAsked.
Beck Tun . J .091 5 .104 ? .09 5 -101
Blng Amal. .05 .OS .053 .OS
Black Jack. .11' .15
Cod-Tails . .01i .01J .01 .0U
Century ... .04 .04 ',
Colo Mln , .21 .25 ,21 ."5 .
Col Con ... .12 .284
Con Morcur 10
Crn Point . .05 .005! .04J .05
nly 1.35 1.37J 1.37J
D-Judge .. 0.00 7.00 G.00 7.00
10 Prince .. . 02 .021 .02 0,JL
VI Crn Pt . . .001 .003 .001 .002
10 Tin Con 001 001
j Tip Dov 03
Emerald .. .05 .15 .05 .10
Gold Chain .19 .r,5 .45 .53
ti Cenlral . .SO .SG .80 .80
Ind Queen , .01 01
Iron Bios . 1.30 1.32J 1.30 1.32i
Iron King 05 05"
J Bowers . .00J 00M
King W'm I .031 1 .04
Load Klnpr .01 .07 .01 I .OS
Lehl Tlntic .00.1 .01 001 .01
Lion 1TII1 .1 .02 .04 .0" ,
Little Bell ) 35 ... 35' '
L Mam . . .05 .OGJ .05 .00
Mammoth 1 2.00 .00 1.50
Mason V . 10.50 12.00
May Day . .23 .234 .224 .234
Mineral P oil .oil
Mt Lake .. .03 .05 .031 .05
New York .01-7 .02 J .013 .0!
O Copper . 1.05 1.35 1.00 1 32ft
Opohongo . .OS .093 .08 t ,08i
P Demlj .. .OS .09 .0S1 .09"
P Metals . .01 .02 ni n
Pitts-Ida .1 .90 I 1.25 I .90 f 1.25
Plutus . ..) .0711 .08 .071 .073
Prince C .1 1.G2JI 1.G7S I 1.05 1.G7J
R and A... I .00 I .10
Rexall . . I .01 .011 .024
S Troughs ' .0131 .024 1 01$
Sac'mento .001 1
S Tr Coal . .42 ! .45 I .42 45
S King Coal 3.40 I 3.45 3.50 3.55
S Klnpr Con .70' 1.00 j .70 1.00
Sll Shield .' .0011 .02J I t 0
Sioux Con .04 .oil .0jj .un
S Iron Bios ' .001 I I 00J
Swan Con.. .nojj .01 .ooj' .01
iliilt vcill .Ul .ui ! .111 1 01
U Tintlo .. .0031 .01 f .003 oi
Lnclo Sam. .12 I .15 1" 1,-
Utah Con . .01 J - .013 1 .01 .012
Union Chf. .07 .07C I .07 07.
Victor Con.l 03 .04 &I ft
Victoria C . .01 .03 ,G1 70
Wllhert 11 .13 n -l
Yank Con . .1GJ .17J ,1G. '.lh
er Cop ... .OS .10 "
G Cir Crn 02 K
Moscow ... .25 .o )..!"!! !!!.""
Iron Blossom, 3SG at ?J .30
May Day. COO at 23c.
m?,hIeS-lC-,nS-Con,,t,11' 100 a- S3.32A;
100 at 53.35; 100 at S3. 374: 120 afS3.40.
United Tintlc, 10.000 at 9c.
Union Chief. 1000 at 7c.
Yankee Con., 300 at 17c.
Prince Con., 700 at SI. V2i; 200 at1
Shares sold, 13.S0C.
Selling value. S4G9S.S0.
Cedar-Talisman. 1000 at lie
Crown Point. 1000 at 5c.
May Daj-, 2000 at 23c
Seven Troughs. 200 at 25c.
Union Chief, 1000 at 7c; 220 at Gic.
, Moscow, 1000 at 30c.
Shares sold, 7520.
Selling value, S1471.S0.
Crown Point, 1000 at 5c.
Opohongo, 1650 nt Sic; 1000 at Sic.
Plutus, 2000 at 74c
Prince Consolidated. 500 .it si.fi?:
Silver King Coalition, 100 at ?3.47: 300
j at S3.C0, '
United Tlntic, GOO at lc.
Shares sold, 7050.
Selling value, S2G50-25.
Century. 1000 at 5c.
Crown Point, 3000 at 3c; 2000 at' Cc
buyer sixty days.
Daly, 200 at $1.35.
Lower Mammoth, 1000 at 53c.
May Day. GOO at 221c.
Shares sold 9100.
Selling value. S1291.50.
ITevadas in San Francisoo.
James A. Pollock & Co., bankers ind
brokers, furnish the following, received
u, incir piivaio wiro yesterday after
noon . . I Bid. lAsked.
Jumbo Extension I T20I
Booth I 05"
Blue Bull '(14
ver Pick 1 .V, i;;:;;;;
Oro 03 ni
Atlanta to :
Florence 50 5?.
Combination Fraction 07 1
Kcwanos 0.1 "' "n'-'
Yellow Tiger ...."""."..I 01 '
Goldfield Consolidated ... i'.so i
Merger 'mTucs ' V.lllV.'.'.::' 'j?
Comstock I "
Ophir oc 1
M.cxlcan 1 gf, J
Consolidated Virginia .... -7 ""'oc'
Hale and Norcross no' 'in
Yellow Jacket . ,l .
Belcher . 'on
Sierra Nevada ""07"
Union 'io ' 'zi
Montana Tonopah 1... 1 or
Tonopah Belmont !...'" c'o's
Tonopah North Star i'n' 7-
Vest End Consolidated ' i'
Rescue 'n! J-:5
Jim Butler . -12
Cash Boy "n6 !'
Monarch Pllts. Extension "'.H' "1
Tonop.ih Merger 70 '4
Miinlmttan ' '"
Manhattan Consolidated ..I iu
yiiiio cap ; 0j)-
jUlp Four 5'l
I Olh.'.r districts !
Nevada 31111s 1 ,
Pltl.sburg Sliver Vo, ' jjg 1- ,
1 nji; )
SHORES& SHORES W
Reliable Expert Speclallstn, 1,
1 249 MAIN STREET, P Qll
Salt Lake City.
Consultation, mmm ms. mmm
Examination and ET-OI 1LT F
Expert Advice . JF WW WF
Call or Wrlto w II mm 9m
Office Hotir; 5, Kvcnings, 7 to-5.
UUILt nuuro. sundxys 10 to 12.
TBKBUNE AD8 PTJTI, 1
Complete Removal of Pro
leciion Not Likely at the
Hand of Congress.
CASE OF COPPER CITED
Producers of Red Metal Are
Doin.G- Pretty Well With
The technical Journals are paying con
siderable attention to the probable re
vision of tho lead and zinc tarlft sched
ules, and tho western producers of these
metals will be interested in the fol
lowing from tho Knglncerlntr and .Min
ing .Journal on this Important topic:
Yol we expect that it will be with
respect to ran' materials that the
most serious opposition to tariff re
duction will be experienced, because
therein will vested Interests be most
Irremediably hurt. Tho producer of
lumber and lead may not altor tho
ndvoi3e conditions of geography or
this k-an bounty of nature. If It were
only tho original exploiters of such
resources that woro affected, tho case
would bo more simple. It might bo
said of them. "You have been asslst
: ed Ion; enough. Be content." But
; their properly has been capitalized
under artlllclal terms, and upon such
bases has been to a moro or less
! extent transferred to Incstors: and to
detract summarily from the earn
ing power of their principal Is not
a matter for careless legislation.
As to Lead-Zinc.
In the mining Industry the sub
jects of most concern aro zinc. lead.
Iron and their respective ores. In
none of thesu cases, however, do we
think that realization will be so bad
as tho forebodings- The average
prices for spelter at St Louis and
London during the ten years ondlng
with 1911 were about 5. Hoc and 5c,
respectively; for the twenty year
ending with 1911 they wero about
4.73c. and 1.51c., respectively. To
Pittsburg, the great spelter consum
ing center, the freight from St. Louis
and from Atlantic ports is about the
same, the foreign spelter must, morc-
ifostly an abolition of the duty 011
spelter would make no great dif
ference In tho long run. It would,
however, certainly tend to cquallzo
market conditions and prevent such
extravagances as have been exper
ienced in the domestic market in
In lead (ho respective ton-year
averages have been about .3t;c and
2.91c; tho twenty-year, 4.17c and
2.77e. Here wo have much greater
dliferencos than In tho case of
spelter. An abolition of the tariff on
lead would unquestionably reduce the
American price, but. certainly not to
the previous European level, because
tho latter would be raised by Amer
ican buying. The world's supply of
lead and tho demand for it are too
nearly In balance to permit any del
uge from any source if the tariff
harrier wore removed.
Disastrous to Iron.
Tho present tariff on iron ore Is 15c
per ton, which corrdsponds to the
railway freight for about thirty
miles. It Is Inconceivable that the
. removal of thfs low tariff would havo
a disastrous effect upon our Iron
mining. As to tho tariff on stool
products. Mr. Carnegie has expressed
himself with clearness and emphasis.
There Is not the slightest probabil
ity that the duties on lead and
spelter will be entirely removed.
The chances are that the reductions
will be but moderate. Important re
adjustments In commercial opera
tions will, no doubt, benomfi nitcn.c-
sary. and the uncertainly about
these will naturally create nervous
ness, but in the end wo fancy that
no one will find him.
The copper producers of the United
States exploit lower grades of ore
than anywhere else, in places re
mote from the markets for copper
consumption, pay the highest rates of
wagos, export nearly 50 per cent of
their product, command tho world's
market and do all of this without
the cnjoymenl of any tariff.
The metal quotations for Tuesdav,
posted bv McCornlck &. Co.. were as fol
lows: Silver, C-iic; lead, 51. 37; copper,
Those business men, mining BBS
men and farmers who are now VM
making financial arrangements flj
for the coming year will do
well to consider this Institution. Q
Because of its strength. Its H
ample working capital and cx- HI
teti8lve resources, It Is able to
offer unexcelled service. MM
December Is a Sood time to WM
torm your banking connections. S
pur ofllcew will be pleHHcd to
tnlk over your business and re- mm
qulrenienta before the first or H
tho year, WS
Dccldo In December. Docldo mm
'ihc'ncyea?11"' rihl b"'
Utah Savings &
Trust Company !
A Commercial and Savlnoa Bank. i
, 235 Main Street. I
MM DENTAL 111
M2 MAIN STREET. 1
Honest Work 1
Honest Prices I
f ctrct!on of tsth or no I
All work ruarantod. 1
REMEMBER US. I
We Treat You Right!
Office hour-i 8:ao a. m. to 8 m. I
Sunday-. 10 to 2. Phonw 1128.
jgf HOTELS, HEALTH and M
j WINTER; tRESORTS'9v
"TfeShow Place of th& South-Land
CLOSE TO THE RHYTHMIC SURF,
LONG BEACH, CAL.
A. region noted for Its qquable win
ter climate. Hotel Virginia affords
luxurious accommodations for 100
guests, Is conducted on tho American
plan and noted tho world over for Its
excellence In cuisine and thoroughm-sn
of service. Hotel Virginia is easily
accessible to tho Famous Virginia
Country Club, maintaining the sporti
est 0-holo Golf Courso In the weat
and all other outdoor diversions. L.ong
Bench offers miles of finest macadam
ized boulevards, the delight of the
autolst, scenic roads for horseback
rldlnc md driving. Winter bathing,
tennis and yatchlng.
"THE CENTER OF ALL SPECIAL
WINTER ATTRACTIONS AND
FOR FOLDER AND RATES write
Carl Stanley, Mgr.
ONE BLOCK NORTH OF HOTEL
The Geneva -Apartments
410 West Broadway, Long Beach, Cal.
Two and throe-room apartments,
elegantly furnished, private baths,
steam heat and every modern con
venience. Wide verandas, sun par
lors, flowers. Every apartment a
"Little Home." Eouablo winter cli
mate. Moderate rates. Write for
rates and reservations.
The Denver & Rio Grande
Effectlvo May 19, 1912.
Pravo, Mantl, Marysvaie s.00 a. m.
MIdvale and Bingham 7:15 a, m.
Denver, Chicago and East..... 8:35a.m.
Park City S-.0 a. m.
Ogden and intermediate points. 10 -.35 a. m.
Ogden. San Francisco. Portland 12;10 p. m.
Ogden. San Francisco. Portland. 2:45 p. m.
MIdvale and Bingham 2:15 p.m.
Denvor, Chicago and East 5-20 p.m.
Provo, Sprlngvlllo, Tintlc -1:50 p.m.
Denver, Chicago and East 7;00 p. m.
Ogden. Portland and Seattle. . .11:10 p. ro
Ogden, San Francisco, Los
Angeles 8:10 a. m.
Tlntic, Sprlngvllle. Provo 10:20 a. m.
Bingham and MIdvale 10:30 a. m
Denver, Chicago and East 12:25 p. m.
Ogden and Intermediate points, 2:10 p. m.
Denver, Chicago and East..... 2:30p.m.
Ogden, San Francisco and U'eat 4:55 p. m.
Park City and intermediate
points G-.00 p. m.
Bingham nnd MIdvale 5:30 p.m.
Provo, Mantl, Marysvaie C:30 p. m.
Ogden, San Francisco, Portland fl:50 p. m
Denver. Chicago and East 10:53 p. m.
Phone Wasatch 2526.
STOCKS, BONDS, GRAINS,
James A. Pollock & Co.
8ANKERS AND BROKERS,
rs.336 South Main Street Fot B'lda.i.
Salt Laka City.
lrct Prlvato Wlro to all Markets.
Duplax Syntem Ono Relay to Naw Torlt
Co.J7",,ponJ,ontjf Members all Exchanges. ,
tocka Carried on Liberal Marelni
HptoUlUta in Mountain Statea JT.lopaoaa i
cnd ToUsraph. t
DON'T ASK- !
JDoii't; stop to ask the other
man for a receipt make him
give it to you,
You will ho doing that if
you pay him ly check, for
then ho must indorse it be
fore lie can bccuvq the monoy,
and his indorsement is a per
fect receipt. i
COPPER BANK i
"Ask a cuatomcr.
lit""l"""" UUAUtu. ,ltAj ,
ys imii X riled ter,,r i
LARGEST nESORTr -WORLD,
Ideally situated n Ps TKliflil
CROWN r.iTv A rtLa.ttn4. inU"
OPEN NOVEMBER n
will be notel t! s fftnlWl
I Coif Courfio .nnd TnV I
been added to the Ari,?W
turr of grounds. u"rtliil,j
yrite for colored lllustnl i'mW 0
and rates to pavid CTgy
"Wlioro many touriBts ar iw!1
their winter homes. ASfe
Famous Stratford Inn ovJl2Kii
tho Sea. Magnificent aarSm
Oomhmes both mountain 3Z
Hunting, fishing, hathUigZJMflf!
horseback riding, On 'tnihTKirt
Santa Fa Railway botweon lLM n
geles and San Diego chSb
Tins WIN TEE.
Write for booklet Del vdif
South Coast Land Company
lioff Bldg Lob Angelna njW
The Smoke Ml
by Gas !1ouseI
Coke Tte WBt
Colso makes a clean, hoi, Hit :
fire with no smoke, soot or JP-'SwS
CJoko goes farther, ton (tf'Mfffl"
than hard" coal and C03U Ifii1
you ol. as much, heat out of tXui'o:
of coko as you do from 0,, JjJ
one-third ton? of soft coal. jKsd
Price $6.00 Per 7fcr
UTAH G-AS & COKEYS
J. C. D. Clark, Gen. .ifc
Exchange 252. 61 S. 3&iKl
open 3p10!iLl :wf&
mmQez w M
SUCCESSORS TO -Wj'g
The Kentucky lm?
Every one ordering from u; BpV:
the month of December, one jm' 3'
local or ICastorn, will co!v Ktj,,
one Boltlo California Port VW- Wattle),
DO cents. , Vr tr
1'honc Wasatch 231. ;
71 W. 2nd So. St.. fait 1'' JJJj Oa
Fr.ink Knox, President 'fcjj.jog
A. Murray, Vice Pre. R1 C
). C. Lynch, Vice Pres. JfJL
r. Earls, Caehler. lEflHt
. A. Culbcrtson, Asst. Cashisr.
The National Bankoflpcra
United States Deposit- M 1
lurpius and 'Undivided' ProW" f;4l0Qr
deposits 'LdmVk P
A. bank whose resources.
.i;d wido connefllons onabw 't,WPla
end thft b-st jiofslblo cSslMirir
oi-poratlon, broker. weKhant aMJ Ihe
ldual. Four nor cent lntcrc
Imo depoalto. . ,. pjlt.Bi'tt an
Wo are a member of th .WfAdv.v
llty ClearlnK House.