Newspaper Page Text
HP t THE bALT LAKE TRIBUNE, SATURDAY MORNING, JANUARY IS, 1913, Jfj
1 - - - " i) II i in Mill 1 1 1 'inn in.
1 JIM BUTLER MINE 1
I IS MUGHJMPROVED
Annual Report Issued Gives
Very Good News for the
H: NEW ORES ARE FOUND
Hj Every Indication Gives Prom
Hj ise That Good Ore Ship
merits Will Continue.
The annual report of tho Jim Butler
Tonopah Mining company lias been rtf
dived, -which covers tile period ending
Hj Soptemhcr 30, 1912. Tho Jim Butler is
ono of tho steady producers of tho Tono
pah camp, and a, great deal of Interest
being manifested locally In it's oncra
tJono. Tho financial atatomeM follows:
Sept. SO Balance on
, Fourth Street Na
tlonal bank $ 201.12 -
i corporation ..... 1.673. Oi
h ' 5 l,57x;lG
H Royalty on leasers'
H ore $ -156.72
H, Proceeds from leas-
ers ore 1,570.07
Sundry bills collecti
on bio 334.20
1 Sain of 7500 shares
Hl of stork of South-
l p.rn Nevada Ah- .. ,
atract Co 1,123.00
t Proceeds from sal-
Hfe of 06,400 aharosr of
1 treasury stock ... 2I.S00.00
1 Interest received on
d0P0SU5 in1-5 ?2S,455.24
. c n c c, material.-.
power and cxpenBo
1 (Tonopah of lice).. $24, 67S. 17
Paid leasers for
1 general , expense.
Insurance. I axon
Bn lance on hand
Sept. SO. 1012:
Fourth Street Na
1, tlonal bank ....5 2,050. 10
H ll corporation ""0
fU . 2.063.10
ftr' L 430,332,10
KiJH Rctunis from shipments for company
BbH account received after tho close of the
fiscal year. ,
H Two reports arc submitted from the
general superintendent, ono dated Octo-
f ncr 1, 1012. tlic second December 31, the
Jattcr being necessary owing to tho de-
H i Id cd Improvement in mine conditions
H) since the llrst was prepared. The fol-
1 lowing excerpts will prove of Interest:
Vertical Line Agreement.
j In December. 1311, an agreement as to
1 vertical side lines was entered into with
Hj 'he Tonopah Mining company of Nevada,
whereby oro deposits lylns- inside the
aide lines of each party to the agrco
mcnt became the property of the party
,' within whose linos the ore was situated,
without reference to thd dip of the vein
or the law of apex. By virtue of this
agreement it becamo possible to resume
1; mining the ores of the Fraction vein, the
H .-ipex of a portion of which lies within the
h lines of tho Valley View claim of the
l Tonopah kilning company. For the mln-
Ins of this on: the "Wandering Boy shaft,
j which hud fallen Into bad condition dur-
ln vcars of idleness, was rehabilitated.
The shaft was Uioroughly timbered where
S necessary and was littcd with a. new
. Kallowu frame and a Counterbalanced
'. ngo. A single drum hoist, with a 75-
i 'lorccpowcr electric motor was Installed,
' the air compressor reset and repaired,
L the ore house was rebuilt and rearranged
' for sortlnpc ore, and some small buildings
: were repaired and put Into order for
' ' bo as chance room, blacksmith shop, of
' He;, etc. Thla work was completed in
July. 1012, at a cost of $?9S0.20.
Development work was started on
R' arlous levels from the shaft and stoplng
j of ore was started on the Fraction vein
W' above the first level Fraction and third
V .tJt and fourth levels Wandering Boy. Ship-
lufl netita were made to the Belmont mill at
V) Millers, commencing August 12, and
havo steadily continued, at present a
dally tonnage of fifty tons hclng the out
put. Through August and September the
; ores were too low in grade to pay a
profit on tho whole operation, hut have
occn xood enough to show n small pro 11 L
above the freight and treatment costs.
H. Uuriug the mouth of December the
udcrground conditions in the Wnndcr
' ni.' Boy workings of your property have
o greatly improved as to be worthy of
xpcclal note. On December 12 a north
westerly crosscut on the fifth level eu
countered the vein 300 feel from the
j -h.ift, tho vein at this point proving to
)C 0vo feet wldo and carrying excellent
, values. Drifting to the east and west
! on the vein has shown very rich ore,
specially to the cast, nltli, to dale, both
drift face? showing remarkably well.
On December 10 a stopc raise was
auirted above the 010 west drift and ini--ncdiately
above the level splendid oro
was encountered and has continued
it.roughout the hclghl of the stopc raise,
forty feet to date. The wIiizl- below the
(.OS west drift is being sunk vertically
for purposes of deeper mining and has
passed out of the hanging wall branch
of the vein into the country rock bc
H, twecn the two vein branches. Tho COO
r oast drift continue In very fair milling
' During the latter half of the current
f'1 nouth and since tho above noted In-
! Taac or values, rliipmcnts totaling 7Cn
ions and averaging about $35 per ton in
alue have been made. It Is conildcntlv
expected that these profitable shipment
P' V,1U continue.
LI IS DEFECTIVE
Lincoln County Members of
Legislature Are in Favor
of Amendment. '
' A complaint heard frequently In regard
to tho Xcvada. law compelling mining
companies to present certain statements
at stated Intervals, is that It is entirely too
Indollnlto to be followed slrjctly or in
telligently. It is agreed that it is next
to Impossible to interpret this law tho
same way twlco in succession, and tliatj
lawyers believe It Is unconstitutional in j
its existing form.
Two members of the Nevada legisla
ture, which begins Its session next .Mon
day, were in Salt Taltu City Friday. A.
V. Leo and James-12. Price, who arc the
representatives of Lincoln county. Both
agreed when scon by Tho Tribune yes
terday that thlB law should be revamped
and so arranged that il can be strictly
Enforced and intelligently construed.
Just wliat changes will bo niario and
what now features will bo added neither
would express an opinion, but as both
arc from ono of the oldest and largest
mining sections of the state it ia likely
both mcmbors "will take a very activo
part In straightening out this unfortu
nate kink in tho Nevada code.
Both Messrs. Leo and Price speak
very enthusiastically regarding mining
conditions at Pioche and Bristol. They
have given the latter camp considcr
abla attention during tho pasL few
monlhu, whero Micro aro two producers,
Mie Day-Bristol and Homo Kun proper
tics. They predict big things for tho
latter, and it Is evident that the Day
Bristol 1.1 making a successful record
from tho mere fact that sixty teams
aro now engaged In hauling its -ore to
the railroad tracks.
San Francisco Oil Stocks.
Jsmes A. Pollock Ss Co., bankers and
brokers, furnish the following, received
over their private -wire yesterday nftcr
noon: ' Bid. Asked.
Brookshlre $ ? .50
Monto Giiato 00
Palmer , .IS
TVcmlcr , 42
Silver Tip 50
S W and B 10
Now York Mining Stocks,
.lames A. Pollock & Co., bankers and
brokers, furnish the following, received
over their prlvato wire yesterday after
noon: NEW YORK LISTED STOCKS.
I Sales. II. L.Clae
Chlno Copper C.G00I 4J I -1241 -illl
Goldfleld Con J.200 2 2 2
Nevada Con J.000 18S 1SJ IS?
Kay Consolidated ... 3,700 19J 10i! 10!i
Tennessee Copper .. 2,400 35 31 3-i?
Mlnmi Copper 500 23 5 235 234
Otah Copper 3.S00 55 54 55
Inspiration Con .... 300 ifii k;a lGji
Studebaker Con .... 800 31 34" 3-1
Out. Sliver 200 2j 28 23
NEW YORK CUItB BANC1S.
I Salcs.l If. L. iClac
First Nat. Copper... J 2J 2J 21
Glroux Con 3'. 311 3S
Yukon Gold 3! 3 3
Ohio Copper Ijl 3 1
New Keystone 2 IS "
South Utah ? a
Mason Valley 0 S 0
Braden Copper 700 i)i 0 0J
Ely Consolidated ... 1.200 11c 10c 11c
La Pose 300 2! 25 2?
Nevada Hills 1,000 IS it 12
Kerr Lake .. 1001 2?l 2JI 2J
Belmont I 300 SJ Si SJ
Tonopah I 300 5Z 51 5J
Alaska J 1,800 14i 132 14
U, C. Stores I 2,000 107 106 lOdj
NEW YORK CURB CLOSE.
I Bid. lAsked.
Ely Consolidated 1$ .10 $ .12
First National Copper..,. 2.25 2.50
Glroux Consolidated ...... 3.37i 3.50
Yukon Gold 3.00 3.25
New Keystone 1.87i 2.00
NJpIssIng 8.75 0.00
Ohio Copper 1.00 1 l.OSi
Ray Central 2.371
La Pose 2.G2 2.75
South Utah I .25" .60
British Col. Copper 4.25 I 4.50
Bay State' Gas .50 .t52i
Braden Copper , 0.00 0.12J
Mason Valloy S.00 0.00
Sioux Consolidated 01 .06
Colorado lfi .20
Iron Blossom 1.35 1.40
Carlsa 05 ,in
Nevada Hills ... l.C2?j 1.75
Tlic Wants arc close at baud make
full .u:o of tho Wants. '
MARKET EAST NOT
VERY MUCH CHANGED
James A. Pollock & Co., bankers and
brokers, furnish the following, received
over their prlvato wire yesterdav after
noon: Paine. Webber & Co.. Boston: Market
today was not much different from yes
terday. Volume of transactions was
small but the undertone was firm and
bear raids were followed by nulck rallies.
The result for the day shows little chango
n prices, but it does show that stocks
have reached a level where there la rc
slslanco which may nrevent anv further
decline. We see no reason, however, to
expect any real upward movement at
tho present time, and would take ad
vantage of any rally to sell stocks. The
coppers arc better liquidated than any
other class of securities and the divi
dend payers should bo bought on a scale
down from these prices.
Logan & Bryan. Now York: Market was
again subjected t0 rather heavy pres
sure during the greater part of the ses
sion, but in tho afternoon the disposition
to cover shorts in Amalgamated under
cover of tho weakness in other quar
ters became quite pronounced, and in the
last hour was reflected by rallying ten
dencies In other sections of the list. Mar
ketwlsc. there was not much news of im
portance asldo from the official an
nouncement to the effect that tho em
bassadors of large powers had presented
their note to the portc and as a conso-
Wide Difference in Output'
of Refineries and Smelters
UTAH STANDS FOURTH
United Stales Is Responsible
for Over Half of World's
The Engineering and Alining Journal in
its annual review of the copper industry
has compiled a scries of stutictlcs that
will doubtloss prove the moat quoted until
tho positive llgurcs of the months neces
sarily estimated at this early date aro ob
tainable. It is noticcabUi that the 1012
production of Utah Is let's than tho fig
ures given by Tho Trlbuno on tho llrst
of tho year, The Trlbuno estimating
Utah's red metal production for the year
at IGO.OOO.OOU pounda. In this conncollon
It in apropos to state that tho United
States geological survey estimate of tho
Utah production, released after the llrst of
tho year, Intimated that the llnal figures
will bo in excess of 1011.
Tlic Engineering and Mining Journal
Tho production of copper in the United
States, Canada. Mexico nnd Cuba in 1012
and previous yeurs, Is glvon in t lie fol
lowing table. Our figures aro based uni
formly upon reports received from tho
several producers, who havo informed us
their output up to tho end of November
of probable production in December. In
of probablyo production in December. In
many cases, however, tho producers have
been ablo to gh'o us their revised figures
covering the entire calendar year.
Our statistics represent the smelters'
output, which Is a different thing either
from the mino output or tho rcflnory out
put. In tho case of tho Michigan pro
duction, however, tho Hmoltei-s arc also
refiners and their figures for smelling
and refining production! aro consequently
CAR SHORTAGE STILL
Shortage of cars continues to be an
unsatisfactory phase of the mining situ
ation, especially in the Tinlle district.
In the case of Tintic this factor J not
endured with much equanimity. So many
of the companies there have zinc ores
ready for the market, and they can pro
duce such ores only upon tho speller
market reaching to approximately Its
crlstlng- range, and a drop In the spelter
market will greatly reduce the tonnage
and earnings. Companies, therefore, are
trying to make huy while .the sun
Ore and Bullion.
The ore and bullion report for Fridav,
given by MeCornJr-Jc & Co.. was as foi
lotrs; On- lv-clvcd, J50.000; bullion
snipped V.H OOP total 5141,000
IHff SMALL STOCKS
OF COM ABROAD
London Fortnightly Report
Shows Decrease During- the
The London Fortnightly copper report
has been issued for the period ending
January 15, showing that during the two
weeks tho European visible copper aup
plv had bcon decreased by 1375 tons, or
approximately 2.750.000 pounds. This
brought these slocks to S8.325.3G0-pounda
on tho dale mentioned, tho lowest point
reported In many years, the next lowest
point being on December lo. 1012. As
previously "shown, thi.s result Is duo to a
considerable degree to the decreased ex
ports of metal from the United Statca.
the foreign visible surplus decreasing
while tin? American visible supply is In
creasing, the latter at a greater rato than
T-hl-j small .iupply abroad, however
achieved, naturally -can bo converted into
a decidedly bullish argument once the
red metal sky is cleared of tho clouds
of uncortalnty. for thcro will ho con
siderable haslo displayed by tho for
eign consumer to Jay In an adequato
aupplv of copper, and foreign stooks to
day arc entirely too low to withstand
much of such pressure.
Tho following comparatlvo figures or
tho foreign vlalblo tupply or copper by
fortnights, In pounds, -will 'be of intor-
1013. 1012. 1011.
Jan. 15 ... SS.525.3G0 12I.SSO.000 lSii,5M,960
Jan. 31 121.S30.SS0 isr,,352,20
Fob. 14 110,103,200 1S5.SS4.0OO
Feb 20 I15,749,7fi0 ISl.oiG.SSO
Mar.' 15 1M.452.S00 184,100,720
Mar. SI H2.7tiU,0S0 183.003.120
April 15 .. !1U. 106.240 177,125.760
April 30 ..! H11,S61,120 173,fiSi,0
Jluv 15 103.3SS.120 IGG.725,4 10
"May .11 00,072,120 IG2.653.1 20
JU,,C I,, 05,604,120 14G.51C,SS0
June 110 03,550,120 U.7.106.2SO
July 15 07,160,120 15O.O0S.S00
July 31 ...1 101, IG5.120 152,376,000
Aug 15 'l03.5C0.320 I49.500.fi00
Aug! 31 1102.5S7.520 1 I0.002.SOO
Sept. 15 102, 0S2, 7201 152.756,300 j
Sept. ;io 09. 10G.720 tnO.Sl 1,600
Oct. 15 07.504.560 1 11,325.440
Oct. 31 57,5S5,600 13S,SS6,720
Nov. 15 02,771,840 133,520.400
Jsov 30 01,526.400 131. 417.6S0
Dc: 15 SS.567.3G0 127.0S8.64U
Dec! 31 01.275,3001128,658.000
"February 2S In 1011.
ProHuction of Copper in the United States.
(In Pounds.) '
State. 1010. 1011. 1912.
Alaska 5.00S.171 19.412,000 33.600,000
Arizona i 200.606,071 300.57S.S16 357,773,103
California 45.703.S0 1 36.S06.762 20.S67.130
Colorado 10,127,012 S,171.SiS 6.S00.000
Idaho i 6.216,461 11, 745,210 5,038,000
Michigan 221.100.S0I 216.4 12.S64 231,G20,3SG
Montana 286,242,403 271,063,760 309,125.000
Nevada 63.S77.300 65.3S5.72S SI, SI 6.000
New Mexico .1,6:12,351 1.5IS.2S8 26.174,000
Utah , 125.0J2.3S1 33S,330,905 136.372.157
East and south 38,105,450 19,656.071 1S,015,61G
Other states 1.106,525 1,564,207 4.402,623
Totals 1,0SG,210,0S3 1,0S3,S5G,371 1, 242,830,024
Production of Copper in North America.
Country. 1010. 1011. 1012.
United Stales 1.0S6.210.9S3 1,0S3,S56,:;7I 1,22,S3G,024
Canada 52.492.2S2 56.370.754 74.2II.2S1
Mexico 137.707,217 136.430.331 158.601,650
Cuba . .-. 7,700.764 8,274,563 S.S16.241
Totals 1,284.339,246 1.2S 1,032,019 1,4S1,5SS,203
Refiners' Production. .
Class. 1010. 1011. 1012.
Electrolytio 1,151.624,507 1156,027.31 1. 1,288.333.208
Lako - 221.400.S64 210.412.S67 231,628", IS6
Casting 32,103,106 22,977,534 24,777,266
Pig 46.003.4G3 35.020,626 37.1S1.237
Totals ... v.- 1,452,122,120 1.431,03S,33S I,58I,020,2S7
Source. 1010. 1011. 1012
North American oro 1,281,330,246 1.2S4.032.010 1,4S4,588,205
Foreign ore 41,076,733 . 34.302.001 30.363.2S I
Scrap 10.0G2.009 1S.529.2157 15.713.0S7
Total3 .' 1,337.278,078 1,337,S33,057 1,550,664,576
To foreign refiners 35.S53.S00 32,113.110 41.S37.035
To American refiners 1.303.422.278 1.303,440.217 J.508.S27.041
Blister copper imported 146.1S5.104 146.422.S31 a 146,000,000
Total crude copper 1, 140,607,332' 1, 451,S03,0GS 1,C34,827,041
aNovember and December estimated-
Crude and Refined Production Compared (a)
1910. 1911. 1912.
Smelters 1.4 I0.607.3S2 1.451.SG3.0GS 1.654. 827.041
Refiners 1.452,122,120 1. 131.038.33S 1,581.920.287
aOwing to some uncertainty as to the counting of coppor regained from scrap,
it is unsafe to draw tine deductions from tho comparison of figures in this last
World's Production of Copper (a)
(In Metric Tons.)
Country. 1910- 1011. 1012.
United States 492,712 401.G34 563.747
Mexico 62.504 61. SSI 71.082
Canada 23, SKI 25,570 33.577
Cuba 3.538 3.733 4,000
Australasia MO.OG: b 12,510 46.100
Peru 040,062 2S.500 27.600
Chile 3S.316 33.0S8 35.93S
Japan C50.703 152,303 54,000
Russia - b22,700 b23,9S0 35.900
Germany h25,100 1)22,363 23.000
Africa blo.iOO 117,252 20.000
Spain and Portugal 1)51. 100 1)52,878 38.000
Other countries .; 1)28,100 -b29,373 31.000
Totala 8S2.330 S87.0SS 1. 001,844
nThe statistics in this table are our own compilations, except where specltlcally
noted to tho contrary. bAs reported by Henry R. Merton it Co. cAs officially
reported. dPrlvalely communicated to us from Japan.
quence thorcor. It is thought that the
Turko-Balkan affair will bo brought to a
head next week In the sense that it will
(probably bo determined whether hos
tilities or diplomacy will be chosen as
the means of adjustment.
Tho Washington news was confined
mostly to comments as to what politi
cians aro likely to attempt In the way
of new legislation at the coming extra
session of- congress, and such matters as
an income tax were discussed quite free
ly. The continued weakness of Virginia
Chemical served to accentuate the fact
that prospectve tariff revision will exert
a marked Influence on industrial lines
and It ie. perhaps, that feature more than
anytninir else that is holding in check
a goodly volume oT investment buying.
Of course, the market has suffered rather
severe declines and in the ordinary course
of things recoveries aro likely to occur,
but unless the supremo court hands down
a decision on Monday In tho Minnesota
rate case In keeping with const ructl"e
hopes, or unless the foreign situation Im
proves in a marked degree, we believe
that the incentive to promote a sus
tained rise will continue lacking.
Kcvadas in San rrancisco.
James A. Pollock & Co.. bankers and
brokers, furnish the following, received
over their private wire yesterday after
noon? I Bid. lAsked.
Jumbo Extension $ .3S $ .40
Booth , oi
Silver Pick 05 .0G
Lone Star t .03 .04
Atlanta 17 .is
Dlamondlleld B. B. Con 05
Goldlleld Daisv 05
Combination Fraction OS
Spearhead .03 ,.
Goldlleld Consolidated ...t 2.00
C O. D 07 .00
Merger Mines , .27
Ophir 09 .10
Mexican y 1.00
Consolidated Virginia..,. .14 .15
Savugc ,03 ,04
Hale and Norcross ....... .08 ,C0
Yellow Jacket 20
Belcher ,'jo .-Jl
Confidence 17 ,20
Sierra Nevada 13 ,n
.Mizpah Extension 70
Tonopah Extension 2.15
Tonopah Belmont, s.00
Tonopah North Star ,21 .22
West End Consolidated... 1.30
Rescue 13 .15
Jim Butler 73
Cash Boy .08
Monaroh Pittsburg Ex. ..I is
Tonopah Merger oi .92
Manhattan Consolidated . 1.10
G. "Wcdgo 10 .......
Big Four SO .......
Nevada Hills 1.67
Pittsburg Silver Peak .. .1 .63"..,. ..
Kagle- Nest ,1 ,05
Here's a Sale That Actually I p
Saves You Half on Every Purchase W
Every man who appreciates bargains of the bigfjest kind J W;
will come here today and take advantage of th-s I 1
MONSTER HALF PRISE SALE
I 1 I Every article in the store goes at just half the original 1 j Mt
PUBLIC DEMAND FOR
PRINCE IN EVIDENCE
What many brokcra term the strongest
public demand for Prince Consolidated in
the career of tho stock was cpcrlcnccd
on Friday, but less than 2000 shai'ca
could bo coaxed out. The 3lock recovered
to ?1.021 yesterday afternoon and closed
at the top. Trading generally was well
distributed around tho whole board, but
it waa of a limited character generally.
Sales wero made for 24,300 shares of
stock, tho market valuo of which was
The following were the closing trans
actions: UNLISTED STOCKS.
I Bid. lAsked. Sold For.
Alta Con ... 5 .46 $ .47 5 .47 &
B C-Stand . .OS .09
Pico Well ... .35 .40
Rico Argon . .23 .2S
Columb Ext. .01 .06
T-Qulncy ... .28 .291 ,
ISly Witch ..! OS"
A. M. P. M.
1 Bid. lAskod-H Bid. Auked.
Beck Tun . $ .08 '.- .10M$ .OS $ .10
Blng Amal.. .031! .OS I .05 .07
Black Jack. .OS .12 .tO .12
C-Talla . .. .016' .02 .011 .02
Colo Mln . .17J .10)1 .18 . 10s
Col Con .. .10 .30 .10 .30
Con Mcr 11
Crown Pt . .03J .04 .035 .04
Daly 1.30 1.70 1,323 1.C5
D-Judgc . . 5.75 7.00 5.75 7.00
East Prince .01 .025 -01s .025
E C Point 01 .
E T Con I .01
B T Dovcl I .01
Emerald . . .03 .20 I .03 I .10
Gold Chain. .30 ,44 .30 .45
G Central . .74 .77 .73 .77
Tnd Queen 01 01
Iron Bios . 1.32 1.35 1.32J 1.35
J Bowers . .00JI 00
K William .03 .025' .03
Lead King .1 .00J .07
Lehl Tintic. I .OOil .01 I .00! .02
Lion Hill .1 .02 .05 I .02
Little Bell .' .35 ! .35
Low Mam .! .043! .06 I .05 I .065
Mason Val. 1 6.00 I 10.00
May Dav .1 .22J .23 I .22J .23
Min Flat ..I .00J .01 01
Mnt Lake . .02 I .05 I .02 .05
Nov Hills .1 1.33 1.65 1.60 1.67
Nov Brit .1 1 .10
New York .1 ' .10 l 03
Ohio Cop ,1 l.no 1,10 jl 1.00 1.121
Opohongo ..I .06 .06i! .06 .06'
Plochc Demi .0251 .05 I ,035 .OS
Piocho Met.! .00;l .01i; J
PItls-lda .30 I 1.25 II .50 I 1.25
Plutus . ..I .07 .OS II .07 .08
Piiuco Con.' .OS I 1.05 II 1.00 I 1.10
Rich & Ana' I .OS jl .1 .OS
Rcxall .. ..I .01 I .05 .01 I .05
Seven Trs.l .011) .02 U I
S K Coalit.! 2.05 I 3.07.MI 2.95 I '3.10
S IC Con .1 .75 I !
So Pac ...I .0111 .12 II .0151 .12
Sll Shield .1 .001 .02 I I .
Slou Con ..P .03 I il .042,1 .06
S Iron Blosl I .0011 ' .00?,
Swan Con .! .00' .02 'I .01 ' .011
So Swan -.1 ' .01 I ...'
Tlnlic CmU.1 .01 I .01 il! .01 I .01;
United Tin.' .0O?' v .01 ;i .005: .01
Uncle Sam. I -111 .13 II .11 ' .13
Utah Con .' .nil! .019!' .01 V .02
Union Chief .0.-7.1 .06;.:! .06 ' .07.J
U S I 10.00 I 42.00 I' '
Victor Con.! .03 1 .05 1' .03 1 .05
Victoria . .55 I .r.o !' .51: !. .no
Wiihcrt . .00 1 .11 li .00 1 .11
Vank Con M l ' .IS V, .14 ' .17
C C Crown.' 1 1! ' .02
Grutli ! ! il ' .01
Moscow . . ; ,G0 1! .75
Lehl Tintic. 1000 at 2c.
Mav Day. 1000 at 22i
Piochc-Dcmliohn, 1000 at 4c.
Prince Consolidated. 200 at si .
Seven Troughs, 2000 at 13c
South Iron BloHsom, 1000 at c.
Union Chief. 1000 at 6c.
Shares sold. 7200. 9
Selling value. $750.
OPEN BOARD. :".
Ccdnr-Talisman, 1000 at 2c. .
Grand Central. 500 at 73c.
Iron BloHsom. 400 at 51.35.
Nevada II Ills, 500 at $1.65.
Union Chief, 1000 at 6ic, buyer sixty
Opohongo. 1000 at 6c: 500 at Gic.
Ploche-Dcmljohn, 1000 at 4c.
Shares sold. 6000.
Selling value. 52000.75.
Colorado, 300 at 10c.
May Day. 500 at 22Jo,
Prince Consolidated. 1000 at 51.
Union Chief, 500 at Olc.
Shares sold. 4400.
Selling value. 5407.
May Day. 2000 at 23c.
Opohongo, 4000 at 6c.
Prince Consolidated, 600 at ;1.00: 100 at
Shares sold. 6700.
Selling value, 51102.50.
General Manager liner Pctt of the
Bingham Mines company lias returned
from a business trip cast.
James C. Berryhlll, vice president of
the Nevada Douglas Copper conmany
was a Salt Lake visitor Friday en route
.,Th,,nnnuaL stockholders' meeting of
the Glroux Consolidated company will
I be held In Duluth on February 4.
I 1.00 voll opon a savings account
yith tho. Farmers & Stockcrowcrs
Bauk W c opon Tor business Monday.
.January 20, 1013, at 21 East First South
at rcct. (Advertisement).
I To California I
AND RETURN H
FEBRUARY FIRST 1
DIVERSE ROUTES Stopovers and Long Limits -K
SPECIAL TRAILS ft
Pcraonally conducted Leaves Salt Lake
I at 12 Noon February 1. Make your vOv'K
reservations early. i!tfS?iliS&Ky
OITY TICKET OFFICE, ' twlSw'Wp
169 SOUTH MAIN STREET. tB
SALES OF FEBRUARY
COPPER AT 16 -2c
NEW YORK. Jan. 17. Sales of high
grade copper for February delivery at 161
cents wero announced today by some of
the Independent producers. The selling
agency of the Amalgamated Copper
company refused to quote prices, but it
is believed this company lias met the
cut made by smaller concorns. This
compares with the. long-established rato
of 172 cents, which prevailed until re
cently. It Is understood that some of .the
independents are offering the metal at 16
cents for cash. This upplics to electro
lytic, as some of the lower-grado motul
openly is quoted at .151 to 154 ccntii.
The Utah Ore Sampling company dn
Friday released six car: of ore from Utah
and two cars from Colorado camps.
The metal quotations for Friday, posted
by McCornick & Co.. were as follows:
Silver, 63c; lead, SI. 35; copper. 5I7.32J.
Boston Mining Stocks. .
James A. Pollock & Co., bankers and
brokers, furnish the following, received
over their privato wire ycslcrdav after
noon: BOSTON COPPER RANGE.
I Salcs.l II. j L. ICIse
Algomah I ' U 2i
Butto & Balaklava.. 240 3 1 3 3
Butte it Superior... 2.175 361 351' 33i
Calumet & Arizona.. 000 661 C5" 601
Chief Consolidated . 275 l.j 1M li
Copper Rango 100 47.J 47J 475
Daly YVust 50 3J Si' 3i
Davls Daly 300 1A 19 l1'
East Butte 200 13 I 13 I 13
Glroux Con 1S0 3 ft 33 3-.
Grunby Con., 1.3S5 662i 654 C0i
Greene C 81 Hf, S5
Hancock 20M 191 20'.
Indiana Copper 100 i-iu Its ll
Inspiration Con 17 16J 17
1-t Ice Copper 130 21 201 203
La Rose 23 25 2S
Mason Valley i;o SJl S ! SI
Nevada Con io?l 193. 193
Mich. -Utah I 90ci' S5c' 90c
Mplssing 1601 0 " Hl 0
North Llutte .1,760 31 I 20 30
North Lake 120 2J 21 2J
Ray Consolidated ... .125 105 101 10J
Superior & Boston.. 100 2i 2?, 23
Trinity 5 j 13 5
U. S. Smelter com..' 775 41 I 10ii 41
U. S. Smelter pfd... MS 491 40i' J0J
Utah Consolidated ..1 10"; oil 10
Pond Creek I 1.100 25Ll 25 I 25
Eagle & 11. B j lOOj U Uj u
BOSTON CURB CLOSE.
I Bid. lAsked.
Alaska 513.75 $11.00
American Zinc 27.37", 27.50
Arcadian 2.06i 2.50
Bcgolc 1.50 2.00
Bingham Mines j.25 4.50
Boston Ely 00 .95
Bohemia 2,50 3. 00
Ruttc London. 31 .35
Rtitlo Central , 7.S71 8.00 !
Ca lave ran n.00 S.12J
El Paso C.25 6.37
Eagle Sr Blue Bell j.uoj 1.123
Groone-Can.'inea S.45 S.30
Hoton Copper 6.00 7.00
Kerr Lake 2.73 .37
Keweenaw 2."0 0
rrsa 4.75 5! 00
Majeatlc u . pj
Mayflower 11.73 yt. 23
M ch gau 1.50 2.25
Mlchlgan-Ltah ss 00
Miami Copper 23.25 ,,3 50
OJ-hway 2.25 "2:75
Ohio Copper i.oo i.on
Old Colony 6.00 6.50
Oncco 1.25 1.30
Pond Creek 25.25 25.30
felmnnon 11.373 11.30
Stewart j.S7i 2.00
South Lake (j.00 6.50
Soufij blah 1 .30 1 ;
Tuolumne I 3.00 3
Utah Apex 2.00 I 2.121
Mctorla 1.73 : 2. 00
"Winona 3.00 3.30
V. .mdot 1.25 ' 1 50
Satisfaction Is Primary E
Find the coal company tliatB
gives you tlie greatest satis-Ek
J'actiou Tor your mouoy andBti
LI 1 on. stick to them. "We liavo,E
about two thousand satisfied
customers. ( j J?
COAL CO. S
L. K, Keyiiolds, Managor. g
277 Ho. laiii. Phone Ex. 401 "
"We've Paid tho Rent,11 , ijj
STOCKS, BONDS, GRA1NS
PROVISIONS, COTTON. p
James A. Pollock & Col-
BANKERS AND BROKERS, ' (j
333.335 South Main Street (Felt Bldg.Wft
Salt Lake City.
Direct Private AVlro to all Mailt8U-
Duplex System Ono Relay to New o'IBih
and Boston. .Bt
Correspondenls Members All Kscliinstfti
Stocka Carried on Liberal ilargUii.'Btv
Specialists In Mountain States Tclepjioa-mj
and Telegraph. Wl
' DIVIDEND NO. 1. M
Engle & Blue Bell Mining Compt'm
Minca located in Tintic mining dlBtWr, ;
Notice is hereby given to thj .8,fMPh
hoklers of the Eagle & Blue Boll f.B(li
company, a Utah corporation, that fl!.u
dend No. 1, of live cents per sliOTijmi
been declared by the board of d.l".,tfc
upon the outstanding capital sW-
the Kagle & Blue Boll Mining c?niP5H
payable February I. 1013. to stocknoUBn
of record January 25, 1913. Tn"Sfc:
books close Junuaiy 25, 1913. at
Stockholders who hold cortillcatos unw,
original capitalization aro reyucstw
exchange their certificates for PJ3Bln
certlllcatcs made necessary by lijct
men Is to the articles of c0?jzW&
adopted bv the stockholders and In Kmr
Dated January 15. 1013. m.
.1 AMISS P. GRAVES. President.
SYDNEY S. MIL-LETT, Trcasujg-jMh-.
I Will BuyE
10 Shares Utah State
Nationai at 290 Mt
Will Sell M
130 Shares Con. Music M
pfd. 7 at 85 f
N.W. Cfayt?h Om
lie Main (Upstairs). JBj
Real Estate, Stocks, Loans an1 mft