Newspaper Page Text
HI JIO THE SALT 'LAKE TRIBUNE, 'FRIDAY MORNING, JANUARY 10, 1913.
YEAR IS NUM.
1 GOLD OUTPUT
Decrease Mainly Ascribed io
Hj Nevada, Where Some Old
Camps Were Dull.
CALIFORNIA IS FIRST
Utah Output Decreased, but
Majority of States Were
I The gold-mining industry of the United
States was generally normal In 11)12. ac
cording to IT. D. McCaskcy of the U. S.
tfeologlcal survey, but early figures Indi
cate tli smallest production since 1007,
when the output was 590.lo3.700. In
20QS tlic output Increased to $0i. 560.000,
Jn 1309 to $C0.67n.00. In 1C10 it droDDod
to $26,:26.100: In 1D13 It increased slight
ly to $Di,SDO,000, but in 1312 it decreased
to ED1,5S5,16S. according to preliminary
estimates of tho bureau of tho mint and
the geological survey.
The decrease is to be ascribed mainly
to Xovada, where thero wau a. falling off
of about 54,500,000, chiefly from Gold
field and to a smaller degree from Na
tional a-nd Seven Troughs. The sn-cat
Goldfield mines produced moro ore than
In 3311. but the averago grade treated
was considerably lower; the mill at Na
tional vafl burned In September, and
production was delayed at Seven Troughs
bj- a. cloudburst in July. On the other
hand, tho Manhattan, Round Mountain
and. Falrview districts somewhat in
creased their yields,
I Decrease in Colorado.
A decrease of 5300.000 to 5400,000 la also
indicated for Colorado, whore, although
There was an Increased production from
Cripple Creek of about 5500.000. owing
partly to successful drainage by the
Koosovell tunnel, and an Increase in gold
output alco from Gilpin county, thore was
aj estimated decrease in production of
.about 51.000.000 from tho San Juan re
gion, Including the counties of Dolores,
L,a Plata. Ourav, San Juan and San
Miguel. The bulk of tho decrease, how
ever, was from tho Camp Bird mlue. lu
Ouray county, as tho output of San Juan
and Dolores counties increased. In Uta.h
and Washington decreases of gold output
of 5100,000 to 5200,000 are indicated. Tn
Montana there was probably a smaller
The production of gold was normal in
Alaska Arizona, Idaho and New Mex
ico. ?nd Uiere was a somewhat increased
ouiput in California and Oregon. Tho
vcar 191:! was most prosperous in South
Dakota, where the output increased
about $400,000 and was the largest in the
rlstory of the etato. Tho great Homo
stake mines, as usual, made the bulk of
ho output. The hydroelectric plant of
tbc company owning those- mines, which
has becu "under construction for several
years, was completed and in operation
I California First.
California retains first place in gold
oiitput, regained from Colorado in 1311.
Gold dredging continued generally
active 1n 1312. especially in California
and Alaska, where Increased dredging
apaclty was added. The output, from
320 dredges tn ton slates (including
Alaska" in 1311 wag 510.S11.5S3.
Tn the geological survey's report on
gold and silver for 103 1 it was shown that
of the total gold production 24 per cent
was derived from placers, dredging alone
producing 10.3 per cent; 53.S per cent
was from gold and silver mills (2.0 per
cent by amalgamation, 26.1 nor cent bv
ovanldatlon. and 3.S per cent by chlorlna
tion), and 22 per cent from smelting.
These- proportions will probably not
greatly change for 3012, except that
dredging may bo expected to Inoreaso
somewhat and the output from chlorlna
tlon will continue to decline.
A decllna hi prospectlnc has been noted
In several of the western states and in
3311 and 1312 there was no notable dis
covery of new ore bodies or deposits tliat
eem likely to promise immediate ma
terial increases in tho domestic gold out
put. Tho largest producers arc operating
at probably near their maximum capac
ity and though steady output from them
la ansurcd. In some places, as at Gold
field, the grade of ore has begun to de
cline New developments and dlseovorv
or gold deposits will in likolihood not
much more than offset such decline in
grade or the exhaustion of older mines.
From present knowledge there Is no
great prospect of an increase In gold
production of tho United States in 1933.
Imports of Gold.
According to estimates made for the
survey by the bureau of foreign and
domestic commerce tho Imports in 3012
comprised gold valued at 561.400,000. The
gold exported In 3012 was valued at S1S,
600,000. The excess of Imports over ex
ports was about 512.S0O.000. against 520.
262,330 In 3333 and 5447,636 in 1830. This
Ik a marked chango from the condition
In 3003, when the excess of exports over
imports was 5SS.S9S.S5o.
Tho gold Imported in 1312 was mainly
In tho form of ore and bullion and a large
amount came from Mexico, with Canada
a close second. England. France and
Central and South American countries
Hiipplled tho bulk of the remainder. The
i snorts consisted of refined bullion and
coin. The largest amounts wont to
France, South America. Canada and
Japan, and smaller shipments were sent
to the TTcst Indies and other North
I USUAL DIVIDEND OF
The directors of the Plttsburg-Idaho
fompany have declared the usual quar
terly dividend of 1 cents a share, calling
for payment or $.12,000 on January IB to
shareholder!! of record on January 10. Thr
company has been earning well above
dividend requirements for some timo. a
policy that haH stood It to advantage
during the past week or ten days of ex
treme cold weather. The water supply
of the properly was frozen for a time,
and operations Interfered with tompo
larily. Tho rising temperature Is espe
cially welcome to tho various companies
in that part of Idaho.
I DEPEND ABLE I
H OUR customers kuow
H what; tliis moans. NOW
of all times let us show
OU. The first order
H will prove it. . I
I FISCHER -KITTLE !
L. K, Reynolds, Manager.
H Office 277 So. Main St.
Tel. Ex. 401
" Quality Coal."
GOOD GAIN IS IDE
I QUICK OUTPUT
Conditions All Favorable for
Improvement in Quick
silver This Year.
Preliminary figures collected by VI. D.
McCaskcy of the United States geolog
ical survey from tho individual producer
show that tho domestic production of
quicksilver In 1332 wan 25,147 flasks of
"." pounds each, valued at the averago
San Francisco domestic price for the
year. 512.01, at 5I.057.1S0. A comparison
of these figures with the tlnal published
survey tlgures for 1311 and 1310 shown
a gain over the output of 1313 of 3S31
flasks and over that of 1310 of -4516
flasks. Twenty mines were reported aa
producing in 1312, of which 16 were In
California, against 22 producers in 1011,
of which 13 were In California.
Facing Good Year.
The production for 3312 showed a
larger Increase than was generally ex
pected, but it Is not thought that a
correspondingly large Increase con bo
looked for In 1313. Indeed, the reported
gradual decline In output from some of
the larger ore bodies and possible un
favorable market conditions and pros
pects may result in a decreased output
Tho production of quicksilver in Cali
fornia, in 1312 was 20,61." flasks, valued
at 5SGG,o7l, against an output of IS.SG0
flasks, valued at 5867,7-13. In 1311. It
was the largest pi-oductlon slnco that of
24,635 flasks In 1305. Tho Increaeo was
due mainly to the yield of the New
Guadalupe mine, in Santa Clara, county,
but ah;o to Increased output from hbv
cral other mines. In San Benito county
the Now Idrla mlnco yielded slightly j
less than In 1313. but rcmalnod. tho larg
est producers In America and are to be
credited with nearly half the entire out
put of California.
Utah Not on List.
No production of quicksilver was re
ported from Ati.ona, Oregon, Utah or
Washington In cither 3312 or 331.1. In
Nevada there was a. largely Increased
output from the Mercury mlnos. near
the old lone district. In Nye county,
whoro a modern Scott furnace has been
in operation, and a small production
was reported from the Tellurlde pros
pect, near Bcatty. Considerable pros
pectlng and development of quicksilver
deposits have bocn ropovtcd from Bare
mountain and other localities near
Beatty. and in other districts in Nevada,
and the production from this state may
further increase In 1313. Tho Shoshone
mines, near Tono. were not producers In
1012. In Texas the Chisoa mlno at Tcr
llngua, BroWHter county, continued to
malic a considerable production. The
combined output of nuiclisiver In Ne
vada and Texas for 3312 was 4&3J flasks,
valued at SI 00.603, a gal not 2830 flasks,
valued-at 5110,210, in 10 11.
NcTadas in San Prancluco.
.lames A. Pollock it- Co.. bankers and
brokers, furnish the' following, received
over their private wire yesterday after
noon: Bid. Asked.
Jumbo JSxtcnslon ? .31 3 .32
Blue Bull 04
Silver Pick 05 .00
Lone Star 03 .04
Atlanta IS .33
Florence C3 .55
Goldiield Daisy J .04
Combination .Fraction ..) .07 I .OS
Yellow Tiger I OS
Goldfield Consolidated .... 2.00
C. O. D 07
Merger Mines 27 .25
Ophir : lo .IS
Mexican 03 .J3
Consolidated Virginia v.. .20 .23
nalo & Norcroas 07
Tellow Jacket 21
Belcher . 21. .......
ConfidencB 20 ,2n
Sierra Novada 17 .18
Union 21 .22
Mlzpah Extension 70
Tonopah Merger S5
Tonopah Extension 2.45
MacNamara 20 .21
Midway .CO .3l
Tonopah Belmont S.iiO
Tonopah North Star 17 .18
Weet End Consolidated.... 1,3- l.".o
Rescue 11 .12
Jim Eutler 65 .67
Cash Boy US
Boston Tonopah 02 .04
Manhattan Consolidated .. .10
Golden Wedge 03 .......
Dexter ........ .......... .n .......
White Cap 31
Big Four SO
Nevada T31Uh 3.50 1.55
Pittsburg Silver Peak 75
Eagles' Nest .01!
Round Mountain 23 j
Ore and Bullion.
The oro and bullion report for Thurs
day, given by McConilck & Co., was as
follows: Oro rceclved. J50.000; bullion
shipped. 525.000: total, 575,000.
The metal quotations for Thursday,
posted by McCornick & Co., were as fol
lows: Silver, 63fc; lead, 34.S6; copper,
Now York Mining Stocks.
James A. Pollock Sz Co.. bankers and
brokerp.' furnlali th following, received
over their private wire yeBterday after
noon: NEW YORK LISTED STOCKS.
I Sales. 1 II. L.Clio
Chlno t 0,400 4S 45a 46
Goldfield Coo 1 2i 2 2
Nevada Con I 000 133 I3J log
Ray Coi ' .500 211 21 21
Tennesson Copper ..! 200 '67t 37k S7S
Miami Copper j 200 26 255 252
Utah Copper 4.S00 571 57? r.Si
Inspiration ! 200 1SS 3Si IS?
Studcbakcr Con ' 31 33 34
Ontario Silver 1 23 j 11
NEW YORK CURB RA.NGE.
I Salc8. H. L. iClse
Flrt National Cop ..' 2h 2 1 2
Glroux Con P.j ngj
Yukon Gold I
Ohio Copper ljl H n
New Keystone .....I 2 I 3'i 2
South Utah I gl i 5
Mason Valley , I lojl 10 I 30
Eradcn Copper C.OOO! 10J 3; 10J
151 y Con 300' 11 r' I OH 30c
Belmont ' 400" S? SV Slj
Tonopah ' liii G ;
Ala-ska I 1.20Q I4!j; 3 4 i H6
NEW YORK CURB CLOSE.
I Bid. lAsked.
Ely CoiiHOlIdatcd !? .10 5 .32
Jrlrst National Copper ...I 2 00 2.23
Giroux Consolidated C.62j .T.S7J
Yukon Gold I 3,00 3.25
Eagle & Blue Bell I L.OB'J 1.121
New Keyetonc I 1.75 I 2,00
Niplsslng .... I 8.37V 3.00
Ohio Copper J 1.12V 3.20
Ray Central I 2.37'
La Rose I 2.S7JI 3.00
South Utah ; I .3251 -37J
British Columbia Cop ...I 4.25 I 4.50
Bay State Gas .50 l .",
tfraden ..' I lO.Ofi i 10.50
Macon "Valley f 10.00 30.25
Sioux Consolidated ! .0-1 ! .oC
Colorado .18 1 .L'2
Iron Blossom ' 3. 35 ' 1.45
Carisa I .05 1 .35
Ncvnla Hills J 3.37j 1.50
SOMEWHAT MORE LIFE
TO MINING SHARES
There was a bit more life to trading In
mining ntoclca Thursday on tho local
exchange, but buBlnoan yet is far from
being what it who early in December.
The rising temperature is thawing- out
the optimism of the public trader, and
a bit more aunuhino will do a great deal
towards bringing the public book to tho
Sales yesterday reached tho total of
2o.4o0 shares of stock, the market value
of which was 530,086.75. The following
were tho closing transactions;
I Bid. lAoked.j Sold For
Alta Con.. 5 .45 5 .40 5 .4GJ
T-Qulncy .. .233 .33 .30 fri ..-..,,
Col Extcn, . .04 .Oij .06 a.
I3Ing Cl-St .10 .11
McDon Ely .20 .22
Cardiff H7 '!
Homo Run .10 .13 "
I Forenoon. J Afternoon.
I Bid. AsI:ed.;i Bid. ABked.
Beck Tun I .03 5 .10 7mT$ TlT
BIng Amal ,05i .07 '! .035 .0'4
Bl Jack .. .31i .12 II .135! .12
Carisa . j .10 ' .10
Ced-Tal... .031 .02 ,03j! .Olii
Century' io , .10
Colo Mln. .20 ,22 .20 1
Col Con., .10 .23 I .12 I "5
Con Mor 11 i. ... '
Crwn Point. .035 .04 ' .a?,i" o'
Daly ..t i.uo 1fi0 1o0 I 1iGI
D-Judge .. 15.25- 7.50 b25 i 7.50
nragon . ,10 .40
E Prince. .0)5 ,02il .01i"'' 02
B C Point .00i - .00 .00' .01
E T Con .00" .01
E T Dovcl. 00 .02 .. s
K,V?',y , ' -03 -10 I ".nal '"."io"
yold Chain .41 .-14 .40 .45
G Central .75 .77 .7C ' .77
Ind Queen 01 01
Iron Bios 3.35 1.40 3.35 I 3. 37.
Iron King .00 oojl :.
.1 Bowora .u0& 004!
K WJIIIam. .02 ! .03 .Oljlt ,02'i
Lead King 1 .0OJ! ,0S ' .OS
Leh! Tin. I .004 .01 .OOfil .O'
Lion 1-Jlll J .03 .05 .03 '
w Eon -a 1 las'
Low Mam .045 -Ony .0421 .057
Mammoth. ! . . 1 no
Mas Mtn.. -..5
Mason Val I 10.00 12. 00 . "
May Day I ii n-i
Mm Flat ..' .005 .01 V .00?.' .01S
Mt Lake. I .03 .! o3 I .05
Nov T-Tfllf?. . 3.50 I l.iJO M 3. GO ! 1.60
New York .011 .02h' .01 I 03
Ohio Cop. 1.05 1.15 II 1.05 I 3il5
opohongo. .or, ,osy. .055..' o
P oche D. .07;,' .00"lj .Ol'i' .03
Ploche M. .001 .02 ' .OOM 0
Pltte-Ida.. ,70 I 3.25 l . . !
Plutus ... ' .06 1 .03 'I .07 "16'
Sll K. Con. .75 I 3.00 ... i
SII Shield .OUI .03 ! . i
Slotis: Con. I ,04?t .05V! 041
So 7r Blos.j I .QOij ....'...!"" 'Mi
Swan Con.. I .03 ' 01 '
So Pac...' I !oi I " ! 6 "
Tin Cent .01 .01! ."1 ' 013
United Tin. .003 .01 ,6o'i' !m
Uncle Sam .11 .13 n i i
Utah Con Mi .02 ! ,01V ".02
Union Ch. .06c .10 J .06A! .10
Motor Con I .03 .0.T. 02"!' 05
Clctorla C .flj .(52 i si ! $
Wilbcrt .03 ! Jl (I .03 ' "11
Yan Con. .125; .14 ' .11 13:, i
Yer Cop.. .07 .10 ! .07 "30 I
Addle ... I .00il..:.,,.l iooel....... j
FORENOON SALES. j
Cedar-Talixman. 3000 at He. I
Iron Blossom. 2oO nt st in- im.v 1
May Day, 500 at 2Sc.
Seven Tttjughs. 3000 at 2c.
Shares aol-5. 6350.
Selling value, 55507.50.
Opohongo, 3000 at 6c.
Shares sold, 13.600.
Selling value, 5076.50.
Iron Bloscom 250 at S1.37j.
May Day. 100 at 23c.'
Nevada Illlla, 250 at SI. 50.
Prince Con.. 700 at $1.42j; 300 at 5140
Silver IClng Coalition, 300 at S3.07
Shares sold. 2300.
Selling value, 53S06.75.
Colorado Con., 200 at 36c.
Lion Hill, 400 at 4c.
Opohongo. 2600 at 6c.
Shares sold, 3200.
Selling value, 5206.
Boston Mining Stocks,
.lames A. Pollock & Co., bankers and
brokers, furnish the folowlng. rocelved
over their private wire yesterday after
noon BOSTON COPPER RANGE.
I SaleB.I 1-1. I L.ICIse
Algomah 2J 2 0
Butte &. Balaklava. 100 3S 3 3!1
Butto & Superior 4.2S0 42i 3S2 'S05
Calumet & Arizona. 430 70i 63 701
Chief Con 210 tj 35 3JJ
Copper Rango 210 50i GO 50
Daly West 4 31 4
Davis Daly 445 2J 2 "4
East Butte 550 14 14J 14J
Giroux Con 35 32 3J 32
Granny Con S10 70S 60 6DJ
Greene ananca US 0 3 3
Hancock 270 23 21a 23
Indiana Copper .... 65 36 16 16
Inspiration Con 1S3 183 181
Lake Copper 326 24J1 21 24K
Maaon Valley 25 10 10 10
Nevada Con 308 331 10i
Michigan-Utah 35C 90c 05c
Nlplsslng So 3 0 0
North Butto ..1 2,075 335 32J 32J
North Lake 3 25 3
R3y Con 6$ 2111 21S 21
Superior & Boston .. 35 2E 2V 2S
Trinity 640 5 5 C
U S Smelter com ... 1,377 43 42? 422
preferred 201 CO 40!fl 50 a
Pond Creek . ..'.,'.,1 1,076 27j 27 1 27
I BOSTON CURB CLOSE. :
I Bid. lAKk.jd.
Alaska .... 514.50 $14.75
American Zinc 23.50 20.75
Arcadian 2.25 2.50
Bcgole 1.75 2.25
Bingham Mines 4.50 5.00
Boston Ely 1.06 1.12J
Bohemia 2.50 3.00
Butte &. London -. 32 .38
Butte Central 7.75 7.S7?j
Calaveras 3.25 3.50
Greene v... 0.00 .1.25
Hoton Copper 7.00 7.25
Helvetia 75 1.00
Kerr Lake 2.621 2.S71
Kewoenaw 3 ,75 1.87J
Massachusetts 5.00 5.50
Majestic .52 I .53
Mayflower 31.00 34.50
Michigan 1,75 I 2.25
Michigan-Utah 90 .35
Miami 23.62V 25.75
Nevada. Iouglas 2.S7V 3.00 I
Ohio Copper 1.121 3.25 j
OJIhway 2.50 I 3.00
Oneco 1,50 I 1 ,75
Old Colony 7,50 I R.00
Pond Creek 27.00 27.25
Shannon 33.01) I IS. 121
Stewart I 2,06' 2,12i
S W MInmi 4.r. f 5.00
South Lake I 5.25 I 5.75
South Utah ' .25 I .35
Tuolumne .... ,1 3,12V 3,25
T'tah Apex I 2.(I6I 2.125
IVIotoria 1.75 j 2.00
; Winona I 3.30 4.rt0
Wyandot 1 3.37? 1.40
San Francisco Oil Stocks.
James A. Pollock &. Co.. bankora and
brokcra, furnlah tho following, rocelved
over their private wire yesterday aftor
noon: 1 Bid. lAokedT
AsKoolated Oil IJ42.00 J
Caribou I 3.00
Clarcmonl ' I .60
Monte Crito 1 .75 '.,
Now Pennsylvania 1 31
; Palmer .10
;S W fc B i .16
Turner . ... I ,S2
I ' j g,
' I "Make Hay While ig
h u;-,, the Sun Shines" ifcl
iii"iwwM,i 111 s1 1 y , $ f
IS MY ADVICE M
I Sales like this do not come often. The reputation of my store stands as a I
gyarantee of fair dealing and you may feel perfectly safe in your purchases.
THE ENTIRE STOCK MUST GO THIS MONTH NOTHING RESERVED. ; Wj
1 -1 Sfj
Here are only a few of the items there are hundreds more 1 S
' sTg,:::::: Shoe Bargains Underwear 1 1
I p.ti carter. ioc Galore Bargains j
I President Suspenders . 25c One lot of ?3.50 and $4.00 mf , . , , , . , 'i
I TZ r- u it n shOM-gort. ....L43 &tock deludes Cooper, WnsW, SU- J -?
I Many L,nes Half Price. One lot of ?4, $5 and .A.r 1y, Amoricat, and other bc.t makes, jj m
I S6 shoes go at ' $bbI3 Special heavy Hccce lined I iweT
I CJimSUri Aimj4 This includes Crawford and Staccy and ribbed $38 (; ft
U III lS 3 II II Adams Shoes. Cooper derby ribbed, ?r
,Sk m w Regular $3.50 Crawford ?2.60 $1.25 values I 9U
Hi im M4 ReS:Ular 0 0rawford 2-95 Regular $1.25 garment .75c j Sjfe
1 W O iJlll IS RC61Xlar ?5l raWf0rd ?395 Regular $1.50 garment 95o $
v w wy ikj RcfiaiJar $600 stacey.AdUns. .?4.15 Regular ?200 garment ?U5 i jjjj
"NkoFs Good Clothes" Rcffular $7'50 Staey-Adams-?5-15 Regular $2.50 garment $1.45 j 5R.
Regular $8.50 Staccy-Adams. .$5.85 Regular $3.00 garment $1.65 3 M
0nG tLmmLUl8 m'8 , , - Regular $3.50 garment $1.95 Sffl"
vTiues S7i Overalls and Jumpers Regular $4.00 garment. $2.15 rfl
Regular $1.00 grade 75c Regular $5.00 garment $2.G5 i
Regular $15,00 Suits S.75 AU Painters' Overalls. 4.0c Regular $5.50 garment $2.95 3t
Regular $20.00 Suits .$11.75 jgn'
Regular $2.00 Suits $13.75 A HA HPC H ITI I
Regular $30.00 Suits $16.75 JMJMJ MM A JL 9 fjTU ! JJ
Regular $35.00 Suits $19,75 t S.r
Reonlar 40 00 Suits 9? 7 Regular $1.00 crushers 45c Regular $6.00 Stetson $3.95 t
t, i L'nn c Ity '"r2-00 and $3.00 cloth hats. . . . .$1.45 Regular $7.50 Stetson $4.95 ! Sic
Regular $45.00 Suits $26.75 Rcgular ?350 hats Relar $m00 gtetson ?7 45j j.
Regular $50.00 Suits- $29.75 $4.00 and $5.00 f P.;
Blacks and Blues included. Stotson hats PlftO f:
, ., ? Pan
if u ....
""VI JO Good Clothes i
VL d 210 Main St ;
DIVIDEND OF Ml
Three-Cent Quarterly Pay
ment Will Be Made on the
Tenth of February.
As CApefile3 by- shareholders, the di
rectors of the fay Day kilning com
pany, at their mectinsr Thursday after
noon, declared a quarterly dividend of
.'! cents a share, which will be paid on
February 10, the hooka closing on Feb
ruary 1. This calla for tho payment of
$'.24,000. there being 300.000 shares of
stock outstanding. While no statement:
waa lissucd Bhowlncr the average earnings
of tho company. It tvuu made clear by
those acquainted with condlLlonK that
tho May Day easily Is earning well
abovo dividend requirements, and with
anything like adequate railroad car
service these earnings will be fa- more
First in Many Years.
. To da to, the May Day company haB
paid 5108,000 in dividends, malting tho
last disbursement in September, 1308.
This profit money was wrung from the
bodies of stiver and lead ore during tho
past years of operations from the sur
face to the tenth level. It wan In de
veloping thcee sltver-lcad oro bodies that
tho management througnout former years
ran across tho rlim ore, and zinc ore,
heretofore a hateful and hated product,
hna now been converted into a blessing
that la measured by dividend material.
Tho May Day was about the first Tin
tlu company In 191'J to appreciate that
Its zinc ore tonnages might be brought
Into a.valIablo form as a njsult of the
wide spread In tho price of spoltor.
When the possibilities of this ::inc oro
were set forth in Tho Tribune during
the early summer there were very few.
even among shareholder wljo gavo this
new phase of the property any serious
credence. But when tho management
began shipping Its zinc tonnage to the
middle west smelters, and when other
companies began to follow suit and
earnings began pouring In where there
had becu deficits and assessments, the
world began to nit up and take nonce.
Mine Is Adoptable.
Shareholders, therefore, have a. com
bination of circumstances to thifnk for
this happy consummation of May Day
affairs. The world-wide ccarclty of zinc
Picked speltor up from an average of
5.C0S cents per pound In U'll and lifted
It to 6.7A0 cents for an averago of 1012.
St. Louis prices, thereby opening the
doors for the wile of a large Utah zinc
ore tonnage. The May Day manage
ment dfservcB credit for its courage In
going after tho zinc ores, which there
tofore had been a wholly unknown mo
tor, while ovcrvona connected with the
company has reason to congratulavo
themselves that they hold a piece of
Tlntlc property to capable of adapting
itself to the changing conditions of tho
Attention has been called In these
columns before to the fact that the May
Day heretofore In Its lead ore shipments
has hat to pay a penalty on all the zluo
contained In the ore above a certain
dead line. Now the company has to
pay a penalty upon tho lead contained
in tho zinc ore abovo a pegged point.
But there Is profit In shipments cither
Tho I7,tah Ore Sampling company on
Thursday released three cars of ore from
riali, two cars from Ncda, yd one
from Calacadu campa,
FALSE REPORTS OF
BUTTE & SUPERIOR
Q'he liquidation of a long line of Butte
& Superior stock Thursday in the cast
gavo riBo to several rumors regarding
the property. One was that the mill Is
doing poor work. Tt was stated by those
knowing actual mlno and mill conditions
tliat there was nothing at all wrong at
cither. The ilrst section of the mill Is
handling GOO tonB of ore daily and tho
company Is making In tho neighborhood
of 5200.000 monthly with only ono sec
tion. The mill Is doing flrst-claas sorv
The wire gossip had It yestorday that
Hayden, Stone .t Co. were the largest
sellers of this issue and this occasioned i
additional uneasiness, although the re
port that I his firm was selling was not
John Dern has returned from a busi
ness visit to Nebraska.
G. TT. Doollttle, general manager of
tho Blngham-Nrm- TIa.vcn company, ac
companied by Mrs. Doollttle. leaves Sat
urday for a trip to Honolulu.
An assessment of 1 cent a sharo has
been levied by tbc directors of the Col
umbus Extension Mining company.
A. X.. Jacobs, tho well-known broker,
who spent the holiday season on the
coast, reached homo just in time for the
The Thompson-Qulncy company lias
darted raising from the 900 level to I ho
oro. and connections should bo made
within a short time. This Is the work
which Is expected to bring the manage
ment to tho ore, upon which the mean
of economical extraction will be at hand.
Do you prcfor a room in a privaf.0
family or ai'comrnodations in a board
ing liouso or hotel? Tho Wants are
equally of Jfci'ti vo in cithrr caf- To
secure a drectory 0 axai!aLla roomii;
call upon Viz. JYaiity.
HELD IS 01 ' 1
-- r 8:
George Winglleld Is tin- latest cot i
to the merits of the new KOLhestcrj ! 8i
of Xcvada, having acquired a luas) f .
tho property adjoining tho Xciizcl P "q.
crty. lie has started lo tunnel to (.
vein and will strike it at a dcptl ..
fifty foot. If the results of this work
encouraging. Mr. Wlnslluld "1" ? fcWe
work on two or more of the fourj ijjtj
'joining claims upon which he has t fq
an olghteen-montha' option.
Mr. Winglleld Is quoted In Hip i
Ing terms in regard to Kochcstci. . w
U reminds me very ic "Vu 11
old days at Tonopah wIkii Ju
lor was giving out leases- Gcor
Nonssol is malnlalnlng the name lj JB
icy and Is keeping m, ce:e - J to lt
Is giving everybody a chaiu-e. a h
his treatment of leasers " K gftu
and Imparl lal as could bo Tvlsncj
They have a line surface fchoM ttt,-
at Rochester and have the niokln R
of a good camif. Of course the co
dltlons underground ar w hat-' o a w (
intercsited In and wo '."'-.ba TS
effort to find out sDinotJilus lDtf Jtti ,
them In the near future. j jtl
Borland lease trom lUlam " ' ,
Borland outright, but woi Id not J, tv
consideration. He has also alvcii an t c
tlon on four claims ic udl. M J In
claim known as No i. n Jo iiinp l net
Nunael property. The.c t ! i na
the best present s howl w : ' jnc fj
and under the (lirec Ion of tnj. ccr , , rtj
Slebert tunnel work il uf h fu
gain tome Idea of what the Iciim