Newspaper Page Text
i(j THE SALT LAKE TRIBUNE, 1-KlDAY MORNING, JANUARY 24, 1913. ' Il
I'll SMDKEY nwlS
!! I SPLENDID FOI
, President Williams Confirms
I ; . the Report That Company
I -; .Has Been Financed
i, PROVING NEW ORE ZONE
i '"'Tunnel Aimed for Extensive
9 Contact Deposits Shows.
B Ore in Porphyry.
K i S. "H. William?, president, and scncral
I f manager of the Smokcy Development
I company of Ely, was a Suit Lidte visitor
I 'on Thursday, a guest at tha Hotel Utah,
B m rout to Hie property from the east.
I The Smokoy Development proposition Ja
' onn of the most interesting ln tno ptnte
I . of Nevada for various reasons, not the
! least being the. fact that It is developing
i a new oro deposit In Ely which Is the
j ; ' sixth oo far shown in thai noted crump.
The company's operations, aro of cspo-
' rial Interest locally becnuso of the fact
'- ' that Utah capitalists are Interested in
) , nearby properties, and the- results of the
1 ; Smokey worl: Is certain to be reflected In
' ; the futuro welfare of several Utah-owned
' ? Ely groupe of claims,
i 1 . Air. Williams was asked In regard to the
i ' ' eastern reports that the -company had
it- " financed Its future operations, and hu
i T confirmed thin important point absolute
I ' ; !y. saving that double the amount he had
i , asked for had been provided, and by
! f .-' stronc capitalists who will so still fnr-
rher "if such should become nccetiu-y.
i Tno company Is installing new cqulp-
, ment, among the Items of machinery pur-
! i '-based heinn a compressor, boilers and
; drills, and the development campaign aB
i outlined In the recent report of tho 0m-
l pny will be carried out to the letter and
j f , without Iosb of time.
i Tunnel Aimed for Contact.
J i f The Smokey company is confining Its
energies at the present time upon driv-
! . ing the long crosscut tunnel through the
t prophvry mineral urea to the contact bo-
2 1 tween tub limestone and porphyry, winch
I. Is 1059 feet distant from the present-face,
in the porphyry area different mlnoral.
; roncE have been encountered and enough
learned to justify the conviction that this
porphyry area will bo productive of a
. iarse tonnage. Some of tho oro In car
load lots assayed na high as 10 per cent
copper, . the first or such zones having
been found al a potnl about 300 feet from
the portal. Thin la a direct smelting ore.
The present objective point of thin tun
nel ic the contact which will bo tapped
at a vertical depth of 300 feet. Tho rich
est copper oro In Ely occurs in tho con
tact, and it is a matter of record that
Home of the best known expertx who have
Msltcd Ely have pronounced tho Smokcy
company's surface showings tho best in
the camp. The contact extends across
the property for about 1500 feet, theroby
affording an ampin stretch of ground for
development. It was from the contact
ores that tho Coppermlnes company of
the came district has produced 2000 Ions
of ore running 0J to 15 per cent coppor,
IJR'ia and which Is straight smelting ore in
Wi4 As to Merger Plans.
SOut of the six Known ore deposits of
Ely, five have been developed and liave
been fhown to be highly productive. These
deposits arc the Veteran- tho Giroux,
the Uberty and Eureka pits, the Star
Pointer and Ruth and the Sunset. Thu
sixth known deposit 1e that on the Smo
key territory, and tho company Is confi
dent that it will prove typical of the
. district. Tho Smokcy company is inter
esting alFO owing to ita small capitaliza
tion, there being 200,000 shares authorized
capitalization, of which 40.000 share? arc
liMfcfif Tribuno has alreaily called atton-
l ii nent engineers to Ely liko Thomas V.
) 21 Cole and Henry Krumb generally taken
l E'j as an evidence that Eome aort of a merger
,ISrJ Is being- planned for the dlslrict. Mr.
, BP J "Williams was asked yesterday in view of
: 31 1 theee rumors If the Smokcy company was
KM considered a part of these rumored ncgo-
82S tiatlons. Ho replied.
WH "The Smokey Development company
2wE has not sought to align ltaelf with any
' Jm b's company, and at tho present moment
I i f the company is fully prepared to carry
Jfe(S out the development, campaign according
fig ft to th" plana formulated and approved by
j S jg , the officials."
I i COPPER GETS FIRM
GRIP UPON ITSELF
(, The eastern copper nnwa oh Tlmi'Sday
c highly encouraging, and it was
. slated that electrolytic had been steadied
at IfiJ cents per pound, at which practi
cally oil the major agencies had paused.
-t this notch there have been Home, sub
?Mtantial loin purchased by domestic a
' well as foreign consumerrf, and what
1 promitcil to be a. sllpaway market of un-
known dimensions appears to have boon
successfully stopped at tho point men-
Ore and Bullion.
The ore and bullion report for Tliurs
, day, glwn by McCornlck & Co., wan as
i follows: Ore recolvud, S't0,O00; bullion
; snipped, 5S0.0OO: total. $170,000.
IHB1 Neva lns in San Trancisco.
mSM .lames A. Pollock & Co.. bankers and
SHfl brokers, furnlah the following, received
M over their private wire yesterday after
noon: ' ( Hid. Asked.
Hffi 1 Ooldfleld dlHtrict
KfS Atlanta 5 .17 $ .IS
Ha' iJooth .02 .03
Rfflj Ulu'v Hull 0i
Rm :. o. d 0? .08
mSut : Combination Fmctlon 00 .07
Qgh ; i Daisy 05'
J! . , Dlauiondlleld B. B 05
ISo) Florence .?!)
Jagg! OoldtlcUl, Con 2.00 .......
JJj Ivevano 04 .0i
Iwr, ; .Mimbn Er:lcnpIon 32 .34
raw i , '-Merger Mines -.28 s .20
IIW Oro 0C .07
m ;riHver l'lck Con .03 .08
iatt ! YHlow Tiger - 02 .03
S3 Manhattan district
ffif lilg Four SO
KmS Dcj.ter Union 02
wasm fjnij wedge .10
! Manual tan Con .11
Manhattan Dexter 03
White Caps, '. OS .00
Con. Virginia . .10
Halo aud Xorcross 08
'iphlr '.Z .22
Sierra .Nevada .03 .10
Union i... .11 .15
( Tonopah district
Cash Boy M "'.lb'
Gypsy Queen 01
Jim Butler 8tt .CO
Tonopah lerger '.85 .85
Midway I. 33 .35
Mon. Pitt5 Ext in .17
Mlrpah Ext i.-... 61
MacVamara ..v 22
North Star 19
Rescue JCuIa .......... .11 .12
Tonopah Rvt '. 2.00
,,, r WfGt End 1.J7JI 1.50
Other dlntrias ' '
' f Pittsburg HIK-C-- Peak .00
Hound Mountain ' 2.i '
llT OF EMU'
II. IS PUBLISHED
Compliance 'With Nevada
Statute Illustrates Idiocy
of Present Law.
The Nevada law compelling annual
statements on the part of mining compa
nies to be published brings out at tho
first or each year a great deal of infor
mation, although in many caaoB It. is use
Icsa, for the hotter conipa.nlos volun
tarily iHMte quarterly and annual state
ments. Two such companies are the
Nevada Consolidated and tho Stcptoc
"Valley Smelting Sc. Mining companies.
Tnt each under tho law must tile and
publish regular reports. For the year
ending- December 31, 1312, the Nevada
Consolidated company thun reports:
Balance (cash on hand Janu
ary 1, 1012) ..$ 37.2SS.St;
Receipts during 1912 2,llo.S-i3.7n
Total 52. IBS. 180, 81
Paid labor, iuppdos and gen
eral, expenses $2,-n7,9S-l .50
Balance, cash overdraft...? -1,803. 9R
The Steptoe company reports o fol
Balance (cash on hand Jami-
nrv 1, 1012) f 57.704.04
Cash received during 1012 .... 3.121,515.03
Total $3, 170.210. 07
Paid lai)or, supplies and gen
eral oxperiFeH .r , $3,17-1, 0CK.S7
Balance, cash or, hand Jan
uary 1. 1013 5 4,5115.10
The utler unelossness .-of the Nevada
law toucliing upon annual statemenlrt
could not ho better illustrated than by
tho above- exhibits. The 3latomentF
doubtless follow the law, yet they tell
nothing except to encourage a mislead
ing conception of actual conditions. Im
agine the Nevada Consolidated com
panv operating in l!U2 with a deficit of
51802.05! 'Xhe, present Nevada, legisla
ture is expected to modify the law, mak
ing It an Intelligent meana of supplying
information for shareholders or to do
away with it altogether.
VERY QUIET MARKET
"-ON THE EXCHANGE
A. "glanc? at tho afternoon trading
Thursday on the local exchange will con
vince any one that tho market 1b as
dull as It has over been, yet prices do
not suffer materially, owing" to tho ab
sence of selling pressure. The trading
yesterday totaled 12.S00 shares of stock,
the market valuo of which was .55009.25.
Tho following were tho closing trans
actions UNLISTED STOCKS.
I Bid. (AsUod.l Sold for.
Now Ter ..-!? -.0015 -.11 S .U
JSlv -Witch...' .00 .07 .06
Alta Con ..j .41 .45
Bg Ccnt-St . .OS .09
Rico Argon.. .20 .27
Thomp-Qcy .27 .30
Col Kx I ,04; .00
' A. M. 11 P. M.
1 Bid. lAHked.ll Bid. lAskcd.
Beck Tun..) .OS .10 1$ .09 ? .12
Blntr Amal .05 I .0C .05 .nr,
Blk Jack.... .00 1 .10b' .0? .32
Ced-Talls . . .015 .02 .015 -02i
Cent Main 10 3 0
Colo " Mln .. .17 .IPs .17 .105
Col Con ... .10 .30 .10 .30
Crwn Pt .. .03i .01 .03 .Ot
Daly 1.20 l.G2 1.20 1.62$
Daly-Judge COO . G.50 5.75 C.50
E Prlnco .. .01 ' .02 .01 .021
ID C Point . ' .001 .01 01
K Tin Con 01 OL
E Tin Dcv 01 01
Emerald .. .13 .10 .03 ,3 0
dl Chain . .40 .43 .40 .43
Gd Cent ... .70 .76 .71 .76
Ind Queen 005 01
1 Bios 3.25 1.275 1-26 1 .30
.T Bowers .. .00i 00J
King "Wm.. .02 .023 -015 .025
Ld King ... ,00i .07 07
Lehl Tin .. .005 .01 . .003
Ulon H1H .. .02i .05 .021 .05
Lit Bsll 35 So
Ij Mam 015 .043 .0i .05
Mam 3,25 1.25
Mason Val. S.00 0.00 5.50 i'.50
May 13a y . .22 .23 .23 .22
Alln Plat... .001 .01 .00 M
Mt "Lake .. .03 .05 .02 .04
Nev Hills 1.45 1 1.55 1.421 1-Co
New York . .0051 .025 .005 -02J
Ohio Cop .. .90 1.025 I .09 1.00
Opohongo J .051) ,03 ill .053 .Ofi
Plocho Dcm .01 .07 .04 .075
Ploche Mils .O0J .01 .005 -02
Pitts-Ida .. .50 1.25 ,50 1.25
PIuIuh 00 .08 ,0C .075'
Prince Con. .0!) J.02J .0!l 1.024
Rexnll .... .005 .034
Sev Troas. .(n-J - .02J .01 .021
Sev T Coal 3S 40
SI1 Kg Coal 2.90 3.10 2. So 3.10
rftl Kg Con .7." 1.00 .75 1,00
So Pacific . .Oil .20 .01 .-15
SI1 Shield . .00$
Sioux Con .035 .05 .03 .05
S 1 Bios 001 oi
Swan Con.. -00s? .0U .005
Tin Cent .. .01 .OlJ .01 .011
U TItitIc ... .003 -01 .005 .01
Uncle Sam. .11 .13 .10 .125
Utah Con.. .011 .015 - .015 .012v
Union Chicfl .053 .07 .05? .07
Victor Con. .02 .05 .03 .05
Victoria Cn .5S .GO .53 .60
"Wllbert .. . .09 -U .09 Al
Yan Con..f .15 1 AS .14 .17
Tor Cod ... .0G I .10 I
Mofcow ...j .32 j .50 II '.'no'lr.i'lli
FORENOON SALES. '
Lehl Tintic, 1000 at 2c.
Lower Mammoth, 100 at 5c; 300 at 4Jc
300 at 45a
May Day, S00 at 225c; 200 at 22c.
Ohio Copper. 100 at S1.02. buyer sixty
days: 1400 at $1.
Prince Con.. 200 at $1.00.
Union Chief, 1000 at Gic, buver sixty
Yankee Con., 200 at 15c.
Shares sold, CGOO.
Selling value. 520S9.25.
Iron Blossom, 1000 a $1,275.
May Day.' 500 at 22c. . , .
Plutus, 1000 at 7c.
Prlnco Con., MO jit 51.
Shares uold, 3'jOO.
Selling value, 5253-(.50.
Princo Consolidated. 100 at 51.
Seven Troughs, 1000 at 13c.
Tintic Central, 1000 at lie.
Victoria Consolidated, 200 at 50c
Yankee Consolidated, 300 vU 15c '
Shares sold, 2800.
Selling value, 5203.
May Day, 300 at 22jc.
Shares spld, 800.
Selling value. $122.50.
San Francisco Oil Stocks.
Jumes A. Pollock &. Co., bankers and
brokers furnish the following, received
over' their private wire yesterday after
I Bid. lAskcd.
C&rlbou j j$ !.05
Illinois Crude o"l 04
pronto Crlslo g5 ! '
Palmer ,17 'f,
Premier ' . . , ' '"ji
Silver Tip j,'o' ,
g V ' & IS 15 A!
Turner r . . . . . ... 53
COPPER TIKE ST
International Company Has
Not Vet Set, Date for.
Firing" Up Furnaces.
Whether or not the attitude of tho of
ficials of tho International Smelting &
Refining company in regard to resuming
operations at the copper smelting plant
In Tooele county reflects their expecta
tions in regard .to thocopper metal out
look, is not known, but It is known aa
officially :o possible without absolute
official announcement that no definite
date has boen sot as yet for resuming
operations In tho copper furnaces. The
copper smelter was closed down shortly
after tho strike at Bingham last fall, the
strike Interfering with tho mining opera
tions of all the shlppern of copper ores
of that district to the International plant.
"What many are inclined to believe la
a determination on the pari of the com
pany to await the lmmediato action of
the coppor metal market, In Inspired by
the fnct that tho coppor oreo now r.tock
plled at the smeller measure to between
25.000 and 30.000 tons. This Is tho esti
mate, at least, of several who have seen
this stock-pile of recent days. Then
again. It is likely that the company dona
not desire to resume operations without
considerably more copper ores on hand
30 that any futuro interruption, unles:?
unusually serious, will not cmbarrasK
operations to the extent that might be
Smelting operations at the lead plant,
however, are being conducted along ex
tensive lines, the management getting
each unit of efficiency at Us disposal
out of tho existing coulpmeiit. Tho ad
ditional blasts will be blown in as nnlckly
as possible and the International will
assume tho prominent place Its lead
smelting capacity will warrant without
Some time ago the conipanv forwarded
Its first consignment of lead bullion to
the new refining plant, in Indiana, and
those who saw the bullion slacked ud
were reminded of the early days when
cord wood was.plentlful In the .jrsI. The
International alreadv is u. considerably
factor In the lead producing Industry by
virtue of Ita Utah business.
LITTLE INTEREST IS
SHOWN IN MARKET
James A. Pollock fc Co., bankers and
brokers, furnish t'ne following, received
over their private wiro yesterday after
noon: Paine. YCchber & Co., Boston. The ac
tivity of yesterday failed to continue to
day and the local list had a sagging
tendency again, although the changed
were small. Closing prices were almost
up to yesterday's high and very few
stocks offered for snJc. The present
seems t6 bo a period of waiting and
nothing but email professional move
ments can be expected for some time to
Logan & Bryan. New Yorlc Appar
ently tho occurrences at tho hearing1 In
the suit for the dissolution of tho Stect
corporation yesterday overshadowed as
an Immediate .stock market influence the
pronounced turn for the better in the
foreign political situation. Tn addition -it
was doubtless realized that considerable
time will elapse before tho European po
litical situation can be dismissed from
consideration as a factor tending owards
unsettlemcnl, for tho peace conferences
will now havo to be resumed, and many
minor details adjusted.
Stock market receded materially dur
ing the forenoon and Judging by tho class
of selling, there wac a replacement on
a good scale of abort Hues liquidated on
tho recent advance, so as a consequence
of tho day's trading it may bo Bald that
tho position of the market has boen
somewhat improved. Tho next occur
rence of prime importance, according to
calculations, will be 'lie euprcmo court
declsloa in the. rati use. which. It Is
anticipated, will be handed down next
The buying of tho Can Jcsnos was' rath
er impressive and nuggeBts a renewal of
operation:) for the rise. At. the same time
St. Paul was liquidated owing to the
failure of directors to Increase tho divi
dend on the common stock In face of
the road'a largo earnings. "We believe
that, at least for a period, tho trend of
security prices will bo found to bo mod
erately upward, and on weak periods,
such ail was witnessed this morning, we
feel purchases will prove profitable.
PROVO PEOPLE HAVE
NEVADA LEAD MINE
From Ely comes the report that prop
erty owners of Provo. Utah, have a lead
group near McGlll known on the Lead
Bullion company, and work recently has
been under way in chargo of John E.
Bott. Thle work haa brought to view a.
1 or 0-1001 icoge snowing very tine icaa
ore. and several ton3 have been taken
out recently. It loolcaas if this Is a
property well worth spending plenty of
development capital on.
Boston Mining Stocks.
James A. Pollock & Co., bankers and
brokers furnish the following, received
over their private wire yesterday after
noon: BOSTON COPPER RANGE.
I Saica.l II. I Jj. CIse
Algornah 21 13 21
Butto & Balnk 100 83 3i 31
Butto & Sup 4,800 3G5 35? Ill)
Calumet & Ariz .... G65 G74 Gfil C7i
Chief Con 500 15 11 1
Copper Range 150 191 481 -ISl
Daly West 4 31 4
Davi3 Daly 400 1? 15 13
Eant Butte 400 14 333 133
Giroux Con 3n 82 "I
Granby Con S50 70J 6S5 69
Greene Can 9 88 9
Hancock 22 211 22
Indiana Cop 10 151 151 1&5
Insp Con 175 1GJ 175
Lake Copper 135 21 21 2-1
La Rose 100 22 21 2
Mason Valley 100 S9 SS S3 i
Nev Con 1S5 IS 18
Mich Utah 80c GOc SOc
Niplsslng 250 9 SZ SJ
North Eutte 1.100 31 2! 30'l 311
North Lake 2 21 21
Ray Con 19fc 19K VM
Superior & Boston. 1,300 'll 2 29
Trinity 85 5J 5 5
U S Smelter 190 42 42 42
do pfd 49 49t 491
Utah Con 390 103 30 103
Pond Creek 125 20 255 25j
BOSTON CURB CLOSE.
I Bid. lAskcd.
Alaska $13.75 $14.00
American Zinc 29.00 29.375
Arcadian ......... 2.371 2.50'
Begolc 1.50 2.00
Boston Ely 94- .97
Butte Central 7.75 7.S7J
Butto & London .34 .37
Bohemia 2.50 2.75
Bingham Mines .- 4. 00 4.50
Calaveras I V.A'il ".375
EI Paso rt.oi) 0.125
Eagle Sz. 3 B J.OGi '1.12a
Greono S.G2 9.00
Helvetia ' '. .75
He-ton Copper iG.OO 7.00
Kerr Lake '2.95 3.00
Keweenaw '. 2.25 2.75
Michigan ).50 2. Q0
Massachusetts 4.871 l.00
Mar Flower 12.25 12.5")
Miami 24..00 -2-. 25
Majestic .44 .-IK.
Nevada Douglaa :v. ... 2.G25 2.75
Ohio Copper l.oo l.Ofil
Old Colony n.75 G.S75
Pond Crcuk 25.50 2G.0n
Shannon 12.50 32.75 "
Stewart 1.75 I.R7J
South I-akc G.00 G.50
S'outh Utah .32 "40
S -NV Miami 3. f.2' l4.00
Tuolumne I 3.125' 3.371
"tnb Apex ' 2.00 I '"5
Victoria ' 1 .75 ' 2.00
Winona . . ' 3.00 3. 50
Wyandot 1,25 , 1.375
UTAH PRDDUGERS OF
COAL ARE NUMEROUS
List of Principal Companies,
With Interesting Data, Is
Given -in Statement.
In an extended account of the coal re
sources of tho state of Utah, tho Inn
of-AV. IJ, Child & Co. glve3 tho following
Interesting data regarding several of the
prominent producers of coal of this state;
Utah Fuel company Owned and oper
ated by the lenvr t Rio Grande rail
way interests. Capital Mock, 100,000
shares, all Issued, of a par value of $100.
Bonda outstanding, 52,000,000. R3 Utah
properties consist of five mines and a
coking plant, towns, railroads and
alprca. The last dlvidenU made public
was paid in 1911. and amounted to $5,
500.000. It owns one coal mine In Colo
rado. Total acreage In Utah, 12,000, of
which some 3000 acrei have been worked
out, Tho unmincd tonnage is estimated
unofficially at 114.7C0.000 tons: dally pro
duction, SS00 tons; 1912 output. 1,901. 7SI
Castle Valley Interests.
Castle Valley Coal company Virtually
all of its 023,300 issued shares, out of an
authorised capital of 1,500,000 shares,
were purchased last year hy tho Unltea
States Smelting. Rellning & Mining com
pany, through a holding company, the
Utah company, for 52.50 a share. Tho
par vuluo Is 55 a share. One million ot
first mortgage S per cent convertible
bonds, running fifteen years, have been
Issued ajid 10 cents Is set aside from ev
ery ton mined to retire the bonds., fn
addition to 4000 acres of coal Innd. tho
Castle Valley owns 1200 acres of agrl
cutural land with water rights, the town
of Mohrland, Castle Valley railroad.
Mohrland Mercantile company, "VVei-Ler'.i
Fuel company of Salt Lake and tho West-
) ern Pacific Fuel compaJiV, San Francisco.
1 It has an estimated tonnage of fiO.MO.OOO
unmincd. a dally capacity of 2500tons.
and produced last year 210,395.
Consolidated Fuel company All stock
owned by the United Slates Smelting,
Refining K- Mining company. Capital.
2.000.000 shares, par ?J. only 1.500.000
shares iusucd. Purchase price was $1.50
11. share; SG00.00O bonds outstanding. Owns
3600 acrcD of coal land, with an estimat
ed tonnage- of 70.000,000. Productive ca
pacity. 3000 a dav. Output In 1912 was
Blaclchawk Coal company Another
United Stales property, purchased from
the lato David Ecclos and associates
Thirty thousand shares, all issued. Par
value 55. Bonds, $200,000. Owns 1400
acres, with an estimated tonnage of
20.000,000. Present dally capacltv 1000.
Production in 1912 was 6G.976 tons.
Castlo Gate Coal company Owned by
United States company. I-las 100.000
shares, par So; 15,000 Issued. No bonded
Indebtedness. Its 320 acrc3 are believed
to contain about 3,500.000 tons of coal
It hao beon shipping some firty tons a
day and la In process of development.
Independent Coal fc Coke company A
Utah company, with 3,150.000 shares', ull
issued. Par 51. Bonds, 5120,000. Owns
2428 acres of patented ground at Kenil
worth. Utah: also town and railroad.
Its unmincd coal Is estimated at
137.000,000 tons. Production capacity in
1913. 3000 tons daily. Production last
American Fuel company Has recently
completed Its own railroad and estab
lished mining town of Neslen in Grand
county, where it owns 1200 acres of coal
land and had developed a capacity ot
1O00 tons a day. It shipped only a few
hundred tons in 1912. Stock. 1.000,000
shares, all issued. Bonded for S325-.000.
Par value stock. $2.50.
Spring Canyon Coal companyFounded
by JoKBe Knight of Utah, on 1800 acres
01 land in Carbon count v. Owns rall
Vaii i111 .townsltn. Capital stock.
1.000.000 uhaxos, part 10 cents, only
00,000 issued. No bonda. Coal under
ground in estimated at 64.000.000 tons. In
five veins. Producing cn-paclly, 1000 a
National Fuel company Xow being
financed. One million shares and $500,000
''ojids havo been authorized. Will own
1040 acres In Carbon county, with an
estimated coal content of 70.(100.000 ton-;
BondH for a railroad to the mine are
offered In connection with tho coal bonds
TJ,&ra!'ro;ul is to 1,e represented -bv
WEST END COMPANY
GETTING ALONG WELL
Tho onward march of the West End
Consolidated to tho dividend division is
reported -progressing- splendidly, this
company during the month of December
handling- 43u0 tons of ore In its mill, the
o -nls7,pc1' l?" not valuc of vrhlch was
53.0O, the iiet earnings reaching very
close to J3..000. The management is
completing some minor yet Important
alterations to tho plant, and a dallv ca- 1
pa city of 1o0 tons Is now being- treated. !
The December extraction was 935 ner
In eivift sinking, the company has
gained the CSo-foot level, and the drifts
on tho COO-foot level are being sent both
to the north and south on the vein. Tho
main ore production Is coming from the
oOO iovol and a good supply of or for
many months to come is now exposed.
mwC- iHiaJl i0rc ?SV"IW company on
Ihursday released 10 cars of oro from
Utah, and one car from Nevada camps
Now York Mining Stocks.
James A. Pollock & Co.. bankers and
brokers furnish the following, rcolved
over then private wiro yesterday after
NEW l'ORTC LISTED STOCKS.
I Salea.l II. h. iciae
Chlno I u.coo .146! 43: 4-54
Coldficld Con ! 1.000 2J! 2 I :I
Nevada Con j 1,300) lSil IS IS
Ray Qon I 5,200' JOj !!UI 107,
I enn Cop I 200! 35 ; 3"' :u"
Miami Cop ...j 300I -4J! 241,' 24
Utah Con 2.0001 502! 55ii; 55
Inspiration ! 5001 17 ! His; J7
Studebaker Con .... 3501 3B 25 ' 35
Out Sliver iflpl 2.5! 251 25
ni-:v you re cl'rb uange.
I Sales.l U. L. icise
Flint Nat Cop j 1 T
Glroux Con ,). 3001 31 32! ivi
Yukon Gold :ti ,t !
Ohio Cop ' 1 1 1
New Kt-ystono ..,.. j
South Utah L u
Mason Vnl I 800l W 821 Sb
Hraden Coo 1 3,0001 921 9' nj
Ely Con l.tOOl 12c! 12c' 12c
Nevada Mills I 200! HI 131 u
ilverr 1-nke I -too' 3jl ?. '
P.i-lmonl 1 250! SI S 1 s
Tonopah I 200 55! 5! 5J
AlaKka ! 11 I 14 1 (4
U C Stores I 1.00011093!lOSillOSl
NEW YORK CURB CLOSE.
I Bid. I Asked.
Ely Consolidated , I.f .10 1$ .r
Flint Nat Cop 2.25 I 2.50
Giroux Con , 3.371! 3.45
Yukon Gold 3.00 I 3.25
New Keystone .1 1.87J 2.00
Nlplsslng . S.S7J 9.00
Ohio Copper 1.00 1,06
Ray Central 2.37J ;
La Rose 2. 024 2.75
South Utah - .25 .50
British Col Copper I 4.25 J 4.50
Bay Stato .Gas I .50 1 .621
Draden 9.121 9.75
Mason Vallcv ! 3-25 I S.62S
Sioux Consolidated .-. .04 1 .00
Colorado , , I .16 I .20
Iioit Blossom ' l,22f) 1,32c
Carina ' .05 .3 5
Nevada Hills 1.45 I 1.55
W STATE an d BRCfA
I Boy This Sugar Today
Note how while, clean caue sugar ever pro- J
and pure it is. tlnced does not sur- l
pass it. ' S J
Also note 1ioa? in Louse- . , SSI
1y sweet it is. -If vc charged ten
times the present cost j
To use' .'Utah - Idajio of 'this sugar, ll 0 jj J
Extra Fine Beet Sugar would be impossible I 11
is to use the finest to make any better. gl
sugar x that-'s made. IMakc il; a point lo lj
Tho highest qualijy buy ill
jTRA FIIE BEET S((MR
"-THE PEOPLE'S BANK"
Now open fur business in its
temporary nuarlei-s, 24 East
1st. So. Commercial and
Savings Accounts solicited-,
4 per cent intm'sl paid on
STOCKS, BONDS, GRAINS,
James-A, Pollock & Co.
BANKERS AND BROKERS,
333-335 South Main Street (Felt Bldn,).
Salt Lake City.
Direct Private Wire to all Markets.
Duplex Syotem One Relay to "New Tork
Correapondcnte Members All EscnVngca.
Stocks Carried on Liberal Margins.
Specialists in Mountain State Telophono,
It is our constant aim to
keep in close touch with our
If you have furnace or
stove difficulties Let 'us know
and we will help you master
L. Kt Reynolds, Manager.
277 So. Main. Phone Ex. 40L
DIVIDEND NO. 1.
Eagle & Blue Boll Mining Company.
Mines located In TIntJc mining district.
holdera of the Ea-lo & Blue Bell Alining
company, a Utah corporation, that cllvl-
V.?,0", "p'ared ')y the boaid of directors
upon tno outstanding: capital stock- of
tho 3uaKle &. Blue Bell MinlpK comnaiiv
payablB February 1. i915. to JlockS rA
of record January 25. .1013. Trans for
S'V0 Ia''lr- 2r. 1D13. at noon
oHthmV111,,,?0 .'!0,fl ccrUnc-atcs uiidor
oriKlnal capitalization are remicstPd to
oor mns? l,,c,r, cortlflcfttca for proper
certlflrates made neccssiirv by amend-
adopted by the stockholders and ih force
Dated January 15. 1D1S.
STDM3T S. MILLETT, Treasurer.
Tho metal uiiotatlonH for Thursdai
posted by :,IcCornIck & Co., woro a Tol-'
I SHORES & SHORES WB
Reliable Export SpelallaU, T ft'K'1
lid KAIN STREET. KBB
Salt Lake City. SnHE
LOW RATES arf
Examination and BL." K-M jUT EIML
Expert Advlco Bf5 WW F FK
Call or Write ra MiHIBiB
Offrro Rnnrc B-5. BvenlngJ, 7 tb'Ht'
UlllCe IT OUTS . Sundays 10 to U.
i NOTICE TO HEATING AND VENT!
Xotlce is hereby given that tha tout
of education o Salt Lake City, Utii
has terminated the employment of.ui
Wiight-Osborn company arising out a
that certain contract for tho heatlmiK
veulllatlngr svstem of the Salt LaK.a cp
sciiool. dated July 3. A. D. 1512. feWW
tho "Wrlsht-OsDorn company and tliea
board of education. . u
And -n-hcroaa. the performance of w
contract has not been completedJbr
company, further notlco Is how? m
that sealed bids (on a coit plu P
centage basis), vill be received W J
undersigned up to 1 o'clock p. rju itm
day. .Tnnuary 20, 3313, for the compM
of the contract for a heatlnff and Ya
hitlntr system, lo be installed In imw
Saltalce hlfih schooP bulldinsr. awj;
injr lo the original plana and Pan
lions as prepared by, and unuar ui
pcrvlslon of Eldrcdge & Cheoebre. ar
tects. for the board of education, m
Lake -iCity, Utah. , . ,,
All hlds must be given on tormv
will be found In tiie office of .ha wc
tects. and no other form of 1 bid
received: also all bids mufit be "J!
accordance with tho "instwctKnjjJ
Ulddcrs." .is furnished by tho arcg
Plans, spccincatlons a--id on T
Hon can be obtained at l?.uaw
Kldredge & Chesebro. wohlteel .
Dooly block, Salt ako Clt. bwaj,
and after January 2-1, WW, a"A?(
and proposals will he SuWicIjr op W
read at a meeting of t3?h'b0r l
January 30. 1313. At 7 o clock P. .
the hoard of education i rooW, -Jto
and county building. Salt "'Mfci
ut:i1'- . a f nrfWW'
Contractors arc requested to 'MC!
ally visit the building ani nola i UTe JJ,j
tlly and class of material that W gl
delivered and tho work JUat M W
performed. w , .i,. aim '
Each contractor Usurine w
pleto system may obtain on BCM
set of plans and spec flcaOwu fiMg
which lo ligiiro his work. . MZ
rciulrcd to make a deposit JJgS
525, which will be returned to w gMp
receipt of plans and rhumi
architects' office. Additional 'mK
be secured at a reasonable : c lira 'tJMQ!
deposit must be made for tw2t
Contractor will state in h Is W4$
anteed maximum cota for the ecm
of suld contract as called for an w.
stato the percenluse ..'iVb,
perform the work, but lt W 2ifc
lino.tly understood that VL id
based on and made nly or 1 He JJb
!cost ot labor and material anfl ' u'(jSf7l
;.eontapc will he hnned tljer m. t
tractor will also note tha e ?
In position to take up tho .upirfJKtyf
dlatoly and complete snmc to w M
19AH bids must he addressed I to 3jjM&
of Education" .Salt I1',.," aid'wS
name and address of conlracw, ,J fjfc
be marked In lower '?fU'inff
"Bids for completion. nIlD,ff 3Wfe
tilatlng Contract. Salt w 1o?R
Sfliool." and must bo rie'l".' :et
board at the said tfacoofopi
A cnrtllk'd or cashier's cliew A
bank in Salt Lake City. ! c..
(5) per cent of fhe amount J gKg
must be eiidoHcd. J").", iWb
rnudo payable lo the ,nd?'?i&lgndM '
to be forfeited to JSljgl.
case the bid. I" accented awl 0
doeB not enter Into the coni" htl0M
two (2) days after its offiSkfK
faithful execution of the comr P
hereinafter stated. , . tnWl blJK2f
A surety company fi . bom J n.uru,4flBj
nlshcd for one-half me bid -ai 'Mfr
raaf.r. tDuRTiox or&JLt
TTvIBUNE WANT AP3 f ffi