Newspaper Page Text
I. T m
A H PRODUCER
First Shipment From Mus
grove AA 1 1 1 Is Received
Upon Local Market.
STATEMENT $ IS ISSUED
Finds That Lower
Grades of Ore Can Be
Treated Than Expected.
Tho first consignment of cyanide prc
opllntes from the mill of tho Musgrovc
company of Idaho lias been received In
iho local market and this marks tho bt
sinnlm? of .profitable production of this
proposition, which has been developed
and financed by Salt Lake Interests. A
tntement has been Issued by Sccrotory
A. Keoves, which lr. bclru: mailed to tho
rhareholdcra. This folio wa:
"Afalra have been shaping thcmsclvcfl
in your company so tliat wo are encour
aged to advlue you or their Import.
"Iast summer -work was commenced
on th conetructlon of a mill, tho fundH
for which wore to be borrowed, as au
thorised at a directors' mcounH held
April 2. 1012. The mill in now com
pleted and has a capacity of twenty
llvo tons per day. That it Is well adapt
ed to the ores 13 shown by the accom
panying lettor from your gcncrnl mun
KSer. At first It was expectta mat (lur
ing the severe winter months wo would
Miivo to cJoso down, but wo aro going
o make a strong effort to keep solng.
IA5 to Claim Titles.
"Wo have received receiver' reculpt
from tho land office on our application
for patent on tho two principal mining
laimo. Patent should bo Issued ahort
y. Titles on unpatented ground held
by your company axe twins protected.
"Tho first shipment of gold will be
-orelved at Salt Lake City on the -7th or
28th Inst&nL Whllo tho value of thin
b'llpment la small. It Is encouraging be
caus) it marks the beginning of produc
tion." General Manager P T. Edwards has
' ihmittcd an account of property and
mill conditions to Mr. Reeves, which Is
included In tho report mailed to all who
I ar Interested. This statement loliows:
"I roturncd last nJght tiom a trip
o tho Musgrovo mlno. Tho mill la a per
fect hiiccchb in every way but tho power
Tid. This wo exn remedy, but It 1h co
Ins to UUo another three weeks. MTo
aro running a "0-horscpowor boiler,
which la much too nmalL There la a -15-Tiorscpowor
loller at Ulyosos that is not
.11 uso and ruther than quit now, overy
"tody havlDg waitod so long, we arn
starting to haul this hollur over. As
oon na it Is sot up wo can start right
in to mako money. .
Operations of Mill.
"Tho Iaiijo mill, running at a little
over flvo revolutions por mlnut,c (tho
proper npoed iu eight) will crush a ton
an hour so that 05 por cent paasos 200
mctsb. Tho tailings on tho first cliargo
'tho chiirgo was agitated') assayed only a
'race. At lho present time wo aro not
nblo to keop up sufficient speed on tho
mill and run tho agltutor too with the
Kigali boiler, vo are .crushlni: Uio oro
a Uttlo coarser and not agitating.' It
'rarhea bettor than one would exiwt
from tho amount of allmo in tho oro.
Thfi hlgnect tailing saniplu so far haa
tspayed only SO cents, but tho oro we
rvo ran bar. been verr low. averaging
31.30. Tho reason for this low vahio Ik
vpIaJncd below- Tho precipitation la
perfect and the cyanido consumption In
' ery low, eo It la sottlod that tho mill
Is going to do fino work.
"We figured on getting some " hlp
from tho water power In tho winter,
hat wo did not got connected up with,
tr flume. Trying; to run at all in
azainr.t our first -plan, but ,1 did want
to try It out. Ervorythlnjg olngly and
fgsther for short pciiodu of tlmo has
now been thoroughly tried out. "We have
a. IJttlo sold In tho zJurc boxen which will
ho cleaned up In a fow days.
Handling Low Grade.
It will plea si you to know that we
vo been opening up from four to olght
foot of oro in a nub-lovel oqvonty-nve
feet below thf 150-foot love! going o.aet
rrom the bottom of tho wlnsc. TlilB
drift wb in forty-throo feet from th'j
wlnivs on January 10 aud assayed from
S,C9 to 31-. Xot knowing Junt what
Hi, mill wta going to do In starting,
and thin bolRr too good to throw away,
ajvJ not wanting to wato any of the
good or, vo GtartM up on this. "WJwii
opcratlcr with wator power In thd oim
rrcT I fel very confident of bIng able
to ry a profit out of oro that will
H NEW YORK MARKET
H QUIET BUT FIRMER
Jc3 A. Pollock & Co., baukfra and
brokerp, furnlsOi tho foUowliyr. received
B over Ibsir private wire ywstcrdav aftjr-
Faino, "Wonfcor Co.. EojtoaTlwro
H w.rs no ne-wa today to affoct th9 market
rthfr way. but lnvrncn buvng was
rrfponsiblft for a CracUonal rally ail
B through th Hat. Verj few ntockr. wore
J otfored acd ay attempt to buy rallies
I rricea in!ly. r ec nothing In girt
'o enow any change In the present lt-
nation until romethlng deflnltr Is dter-
I tnd in rwgard to tariff cvxr.
Ixjfran & Brjan. Nw York Tho mar-
krt wan erparentiy fon'M out of th rut
In which It had repowd for nome dajo
and prlcea advanced mthor vlgorouslv
H 'luring th maJor portion of the toseion.
H rh trju;th In Can lmijj wu rather
"onprtMslTo and Is tliought to be
H predicated on th catifrfactor canUng
H and tho proppecta for an early adjuut
fint of thtt bark dlvldendp 011 thu pre-
H f.rred ttock. It us roid that revenues
H durjrtg tho ealidar year 1012 wcro at
B Uio rat of 10 pr cent on the common
n3ulKtnp by the chancct-r of
H ooylnsr, nubstanttal Interests ar oo-op-
B rating in the rl.-wn
-I h wu remarked jult confidently that
H fnotllent progrrna had been mrtd with-
I ,n.t5ft days in tho mattor of
I arriving at a aottlfinent of tho Harrl-
1 tran Pacifies dlcolution, whi-o doubt-
1 less Yas rvsporariblo for the rather ag-
""1 Srwi,vc uy1"? fnlon Pacific and
B South rn raoiflri. V.o liavo tatd for
I romo daya tiuit th iimrkct offortd ub-
Mancal rcflUtanco to heavx fUln pren-
B auro and adverse oocumii. tho same
H bolng nuggvU-o of th presence of a
H - sood sznl short Intonuu arvl a well-
H 'Outdated condlUou, ami xesmlmrly th
urrcnt uptym in a reflection of such
H a Rt&JU of affair.
H Of course, tho fnreicn situation Atlll
H 'ias to b reckoned with mj doincrtio
H politic In a fuctor of forward bearing
H mt, generaUr spAkinr. we bollnve that
H the buying side of Hook market around
B nrovaJring lorels Mill rontlnui for a
H porlod to prneout aUraotiom fur mod-
H vrat tunni.
H Mining No tea. f
H S!dnr II. Jennings of the United States
H S'nnlUng, RHnlng & Mining comuany-Ls
H n the olty from Doston.
5. IL Trrioar. formerty of Bingham. In
H 'n the city an route from Los Angela. to
H Tho annual stockholders' meeting-of the
H Dragon CotifollilalcJ company It to be
H Vr'd nx I'rovo on Fobruary 10. 1
1 V.. C Davi.f. of VT. If. Clilld & Co. Is ,
H - nftncd nx home with a rcvrre cus of 1
m U crrppe.
Dividends During- Year Are
Deemed Certain by Those
The steady market action of Iron Blos
som during the past few months, when
tho market aa a rule has boen very un
stable, lias boon the subject of consid
erable comment and speculation. Tho
Iron Blossom Is the solo survivor from
a big production standpoint of the numer
ous Knight propositions of Tlntlo, others
like the Bode Tunnel. Colorado, Black
Jack, Dragon Consolidated, Oper, 15u
reka Swansea Extension and others being-
In tho exploratory stage at this time.
Any of these mines Is considered within
reach of new ore tonnages at practically
any time, but tins Iron Blossom Is the
main attraction right now.
Thoso claiming a ramlllarlty with Iron
Blossom conditions assert that the prop
erty will pay Us 10 cents a sharo per
quarter dividend throughout 1D1C, there
being no doubt whatever of this fact from
tho ore tonnage now assured, regardless
of the lower grade ores which the com
pany Is saving for tho custom mill now
planned. This does not take Into con
sideration the opportunities for larger
tonnages as development work proceeds,
nor tho possibilities of the work below
the 1300-foot level in the south shaft.
The custom concentrating plant being
planned by the Knight interests is an
individual enterprise, one in which none
of the lion BIoskoiu money Is Invested.
Tho plans for this mill are still being
worked out by expert metallurgists and
Just when they will havo the complete de
tails In hand is not as yet known by
anyone definitely. This mill is an ex
periment so far, but there aro those who
are willing to bank upon U.m ultimate suc
cess. Tiio plant likely will bo ready for
operations during tho summer.
Should thin plant prove equal to ex
pectations, the Iron Blossom, among a
number of other Tlntlc companies will
have tho advantage of a market for low
grade oro now olthor lacking totally or
ono not (sufficiently available to admit
of big returns. There will be no lack
of oro for the plant and that there Is
ample room for such a mill 8t Tlntlc
Is a foregone conclusion. To Jesse Knight
belongs the credit for pioneering In tills
Important matter entirely upon his own
resources. Others have realised tho need
for such a plant, but none but Mr. Knight
has seen lit to venture.
New York Mining Stocks.
James A. Pollock &. Co., bankers and
broker, furnloh the following, recoived
over their prlvato wire yesterday after
noon: XETV TORK. L.ISTI5P STOCKS.
, Salcs.l H. j L. Cine
Chlno 3,000 45 -121 -12J
Coldfleld Cons 200 21 2 2i
N'cvadn Cono 300 IS: IS IS
Ray Cons 2,700 ir& 10:
Trjincasee Copper ..f 700 33 S3 333
Miami Copper COO 2 235 23;
Utah Copper 2,200 "i5 54 5-12
Inspiration 400 175 17J 17
Stndcbaker Con 35fr Si? 35
Ont Silver ' 3 21 3
N'lSvT YORK CURB RANGE.
I Salca.1 II. I JL.. IClse
First N'at Copper .-J I 21 2j 1'
Clrour Ooni ' l.SOO 3J 38 r.J
"Yukon Gold 3 3 3
Ohio Copper li 1 1
lscv Keystone 1S 18 It
South Utah 4 5
Maxion Valley 3CK) 3 34 3
Draden Copper ....) "1.000 31 5j 9S
TSly Cons J 1.400! 13c 13n 12c
Rose 300 0 3J 3
Nevada Ilfllo t.uOO 16 1? li
Kerr Lako .. 3.000 31' 3 T,
Rolmont . ..,.... 100 S J 3 s
Tonopah , Glf 6 6
.Jaaka 14j 13t 13;
ySVT YOKK CURB CLOSE.
I Bid. Aaked.
Ely Consolidated ft .10 $ a7
llrst liat Copper f 2.23 2.30
Oirotrx Conn 3.37$ 3.45
Yukon Gold 3. 00 3.2.1
Now Keystone 1.52ai 1.75
NIplt'slnp S.S7 3.00
Ohio Copper i.on 1.061
Ray Central 2.37J
L. Rose 2.62J 2.7o"
South Utah I .25 .50
British Col Copper J 4.25 I .50
Bay State Gas f .fo .621
Braden f 3.S0 J 0.75
Mason Valley S.50 3.00
Sioux Consolidated 0 .00
Colorado ..... ...... ...... .IS ,o
Iron Bloerom 1.2s 3,35
Carisa 05 .15
Ucvada JUIln j 1.45 1.50
J Jfovatlan In S?ji TYandcco.
I Jamen A. Pollock & Co.. bankers and
1 brokers, furnish the following. recslvd
over their private wire yesterday after
noon: I Bid. Askd.'
Atlanta 5 .17 ? .-,s
Booth 02 ... ,
Blue Bull o Oil"
C. O. "D 07 B
Combination Fraction ... .06 .07
Dlamf B B 03 .04
Goldflold Consolidated ... 2.00
Kcwanoa 04 .03
Jumbo JOxtcnsIon jij
Loii" Star .03' lo
Merger Minen no
Oro 07 " "b?.'
Silver Pick Connolldated.. .05 '.05
Yellow Tiger 02 "".b'z
Big Four so ....
Dextor Union 03
Gold Wedge 10
Manhattan Consolidate! . .10 ""12
Manhattan Dexter 03 ..
Vi'hlto Caps jo
Coneolldaled VJnclnla ...J .13 n
Confldenco u 12
Hale & iforcrosa 'm """of
gPhr 23 '"ISO
SavaK ... 03 .04
Sierra Nevada is jn
"-"ion 16 '.if
Caxh Doy OS
Gpy Queen 04 '.bi.
Jim Butler 71 71
Ton M;ergcr ?s "sn
.Midway z :r,
Mon Pitts Ext ' ir, "17
MJznnh Kxt w """"
North Star 2 """"s
Rescue Uula -
Tonopoh ICxt .zi
Wrat ISnd 1 1.4c 147
Other districts j 4
Pitts Silver Peak J .fi ...
Nevada IIIIU ,f i.o j i
Round Mountain .Zo
The Utah Ore Sampling company on
Tuesday roloaacd ten cars of ore from
Oro and Bullion.
Ttio ore and bullion report for Tues
day, glvun by McUornick & Co.. was ua
followH. Ore received. IS5.000: bullion
shipped. $1 46.000; total, $2X0,000.
j The metal ynotutlons for Tuesday,
l-cstei by McCur-rdck. & du. wero aa fol-Hom-s
Siher. Cl-c, l-ul. f4.35; copper,
OPERATIONS OF THE
Comparisons of Past Half
Year Proving of interest
Stockholders of the Nevada Hills com
pany arc much interested In studying the
December statement produced on Sunday
In theso columns, the salient fuuturo-s of
which were tho low costs of production,
the low grade of ore handled as compared
with previous months and tho low net
earnings. The mill has been in con
tinuous operation since the resumption
from the month of July last year, and,
comparing tho reports of the lost six
months of 1312, presents some very inter
osting items for speculation.
Tho December tonnage, for instance,
was well ahead of July, the costs were
lower in December, yet higher than Sep
tember nnd October. Tho vulue per ton of
ora handled began with S2S.44 In July,
going to 520.23 in December, and the
earnings have decreased from $G4,SD1.10
In July to 532,207.45 in December.
Taking tho monthly reports for the
past six months tho following comparisons
nr? of Interest:
X- I V. . v.
r-2 "U -3 "t'
25 Sc I"
July . ... 3,513 $2S. 44 $D.3U? Ct.SP4.10
Aug. S.38ri 27.44 U.S5 53.3.17. 9C
Sept 3,315 23.13 S.3C 4S.700.64
Oct 4.030 21.00 S.10 41,504.00
Nov 3.180 21. S4 il.lC 33,101.07
Dec t 3,500 20.23 S.71)1 32,207.13
1 ; 1
Totals bl.fiSS! I IS275.1P5.31
KING WILLIAM IS
AGAIN IN LIMELIGHT
Rumors that a deal la pending for tho
control of the King William company on
the basis of 10 cents a share put the
stock up materially Tuesday. It Is learned
that the company haa disposed of much
of Kb mining equipment at Tlntlc and
this Is considered to Indicate that somo
tort of a deal Is on.
SaleH yesterday reached a total of 35.
795 shares of stock, the market valuo of
which was S5f.0P.50. There was only one.
Ealc among the unlisted Ihsuoh. that
being Columbus Extension at 4 to 5 cents
The following were the closing transactions:
. 1 Bid. jAskod.
Columbus Extension 1$ .04 $ .OS
Alia ConHoIidatcd I .3S .40
Rico Wellington j .35 .40
Bingham Central-Stand .. .OS .09
Homo Run 10
New Tcrington 07
Dragon Consolidated 17 .20
South ITccla 13
Ely Witch .oc I .03
, 1 A. M. j P. M.
1 Bid. lAskcd.JI Bid. lAakcd"
Beck Tun . $ ? $ .09 ? .J0i
Blng Amul .OS
Black Jack. .10 .121 .10 .12
C-Talla . .Oli .02 .01i .02
Cent Mam 10 , JO
Colo Mln . .1(5 .IS .15 .17
Col Con .. .10 .30 .10 .30
Crown Pt . .02e .01 .02J .03J
Daly ,. .. J.20 1.50 1.20 1.50
D-Judgc- . . 6.00 U.50 H. 10 11.50
East Prince' 02 .014
E C Point . 01 01
B T Con ..' I'J 01
JD T Dovcl .; 01 01
Emerald . . .03 .05 .OS .05
Gold Choln. .39 .4J. .30 .41
G Central .1 .72 .7(5 .71 .76
lud Quoon 02 02
Iron Blo:i . 1.25 1.276 1.25 1.274
Iron King . .01 6
J Boworo . .005 .10 .00:
K William. ,0 .04- .01 .011
Lead King 07
Lohl Tlntlc .00 01
Lion Hill .. .02f .05 .02? .05
Littlo Bell 35 35
Low Mam . .015 .03 .01 . .05
Mason Val S.OO 10.00
May Day . .22 .22$ .21 .22i
Min THat .. .OOj .01 .00i .01
Mnt Uike.. .03 .05 .03 .05
Ncv Brit 40 10
Nov Hills .! l.',2J 1.55 1.10 1.55
New Toi-k.l OOJ .03
Ohio Cop . .PR 1.00 .90 1.00
Opohongo . .032 -OC .04 .05
Piocho Dcm .04 .OS .035 .OS
Ploche MoL 02 02
Pitls-Ida . ,0 1.25 .50 1.25
Phitun . .. .0C? .07 .OR .07j
Prince Con. .S3 .92 .?. .92
Rexall .... .01 .05 .01
Seven Tro. .01? .02 U2
S T CoallrJ 10 10
S K roallt 3. r0 I 3.07; 2.37 3.05
S K Con . .75 1.00 .75 1.00
Eo Pic ... .011 01$ .10
SII Shield 03
Siour Con A .025 oni .04
S Iron Bfost on;
Swan Con .1 .01 .015 .01 .Oli
Tlntlc Cent' .01 .01 .01 .Oli
United Tin. I .001 .01 .003 ."1
Unclo Sam.' .11 .15 .11. .13
Utah Con .J .01 j .03 .01 .02
Union Chlefi .nsjt .o? .05J .of.
Victor Con.f .03 I .031 .03 .05
Victoria . . .55 I .GO .P5 ,li0
Wllbert . . .03 I .11 .09 .11
Yank Con . .lf t .lfijl AC .13
Tncot .02 I I
Princ Consolidated, 100 at ?3c.
Sharon sold, 100.
Selling value. $92.
OPEN - BOARD.
Crown Point, G000 at 33c, buyor sixty
Iron Hloorom, 1000 at 51.27b.
King William. 2000 at 4c; 2000 at ijc;
3500 at 4ir; 1000 lit 13(c.
Prince Consolidated. 700 nt 90c; CO at
95c: 100 at 92o; 300 at 1'tc.
Silver King Coalition, 200 nt $3,
Vankr Coris-olldated. 1100 at 16c.
May Day, 200 at 22c.
Shares cold. 24.145.
Soiling value, 53921.
Crown Point. 500 at 3c
Grand Central, 100 at 73j.
Iron Bli3iom, 300 at 51.26.
King William, 200 at lie.
Nevada Hills. 50 at 51.50.
Prlnca Consolidated, lin) at ST.
irnlon Chl-f, 5000 at 6t
SiarrH nold. C0I0.
Selling value.' S930.25.
Gold Cluiln, 300 at 40c,
King William, 5000 at 4c.
Nevada 1 1111b. 100 nt 51.50.
Prim Consolidate!. 100 at S7c
Yanko ConaolIdat,d, 500 at Ida.
Slwiru sold. fiiVOO.
Soiling vain. JC53.25.
NEW BLOOD INJECTED
INTO THE TALISMAN
Tile annual wtocklwldcrB' meeting of
the Cedar Tnllsnuin company dovolopod
tiouiowisit of it MirprtKo. an outlrely new
crovd taking charge who aro Identified
with thr Mny Day. Unclo Sam and
ljwir lammoth compnrrles of tho Tln
tlc dlrtriot. J. C. Dick wk elected .1
director and proHdent, while A. Rewoa
1 a director and secretary. The throe!
remaining dlrctora nre S. S. Pond. A.
Tho:ia.s mid P. B. McKvon. J
It In understood tliat tlw- new IntnrcxtH 1
will after the orou of the property 1
with .I'ocvcfl rolled up. arid If the oro i
lis tber tbor cxpvt to bring It to thi?
sunlight without dolar. An aanesEronr 1
1 Is anticipated ooon to finance th'. work. J
MASON VALLEY IS
Explanation of Market Action
Given in Last Walker's
COPPER SLUMP HURTS
Company Finds Difficulty in
Disposing- of Metal Bought
at High- Range.
What, perhaps, will bo found the most
satisfactory explanation of the recent
disappointing market action of tho Ma
son Valley stock ia that of Geo. L. Walk
er. Jn his Copper Letter of January 24.
Mason Valley stock declined to 57.75
last week, -which compares with a high
record of 514.50 last year. Tho circula
tion of bearish rumors, one to tho effect
that the company was borrowing over
5S00.000 on unsold copper, and tho gen
eral weakness of the stock market were
responsible for thld decline.
Undoubtedly Mason Valley is borrow
ing considerable money on copper, as
more than half Its production of about
1.500.000 pounds monthly is from custom
ores. Tho practice. In custom smelting is
to pay for 90 per cent of tho recoverable
copper In tho ore when It Is delivered at
the Dlant. and' it Is approximately four
months before this metal Is refined and
ready to be sold.
Borrowing on Copper.
The Mason Vnlley company la building
up a substantial custom smelting busi
ness and Is now enlarging its furnaces to
further increaso the capacity of its plant.
Like other producers It haa not found si
ready market for Its copper recently and.
In addition to the 0.000.000 or C.00O.O0O
pounds in process of smelting, refining
and In transit. It probably haa moro or
Ichb finished copper on hand at the re
finery. On this It undoubtedly ia bor
Custom copper smelters always losi
money on a declining metal market. Tho
relatively small dccllno that lias just oc
currcd. however, will probably mean to
the Mason Valley company the loss of a
part of Its custom smolting profits, but
not any of It.s working capital. W-heatho
price of copier is advancing the rovoroo
is tnio and custom smelting companies
always mako substantial profits In ox
ocs3 of their regular charges and
With its bonds converted Mason?, Val
ley will havo 254.000 shares of slock out
standing, and 5S a share represents a
total value of 52v032,000 for all the com
pany's assets It haa -been estimated thai
the company lias 1.000,000 tons of Hi por
cent copper oro blocked out. on which
I hero should bo . recoverable .profit of
53.50 to ,4 a ton. It also has a. now
emellmg business, which is conotantlv
growing, Is. of course, anot-hor aosot 01
Report Soon" Due.
It hi underatood that a financial stalo
mcnl will bo Issued aoon which will shovi
that tho Mason Valley company haa been
a substantial earner of profits ovory
month juluco its smcllor went into oper
ation. Tho mauagomont made plans
somo tlmo ago to begin raying dividends
In April this year at tho rata or 50
conta a sharo quarterly; but tho decline
In tho prlco of copper, of course, In like
ly, to delay Uio beginning of disburse
ments. Aflor Lho prurient flurry lo over
and tho Increaso lit lis fumaco cap-.ioltv
Is completed, Mimoii Valloy should be
ablo to earn and pay good dlvidouds.
evon with coppor at a lower prlco than it
Is now selling.
Curront quotations for Mason Valley
stock ropresont b, smaller valuation than
the market frequently places on undo
volopcd. -prospecta having no equipment
and but Uttlo working capital. U ctanda
to reason, therefore, that the alock a
von' cliea.p and thoso who havo the cour
ago to disregard current rumors and buy
It should realiso a substantial profit in
tho very near future.
Boston. flUnlns Stocks.
Jameu A, Pollock ft Co.. bankern and
brokers, furnl3ii tho following, rcr.clvod
over their prlvato wire yesterday aftcr
noon: BOSTON1 COPPER RANGFi
I Sales.! II. L. Clno
Algomah 5b" Tj li Ji
Butto .fc BaJak S 3
Butte Superior... 212 ::4J S4 3-5
Calumet A: Arizona . 45 66J GO 66J
Chief Tons .,... IE J'j lf
Copper Itango 140 4Sj 4Sa iSa
Daly Wwt 4 3j 4
Davis Daly 30 1J tj 15
lviot Butto Hi 14 14
GIroux Conn 1,015 Si S3 31
Gra-nb? Cono 375 6! GO 63
Hancock 22 21 22
Indiana Cupper 120 15 Kg 15
Inspiration Conn 17 lfli 17
Lako Coppor 75 21 2t" 31
La Hoso 250 31 fli zh
Mason alley 35 sj SS 32
Novada Cons 17 1SJ ISi 1SJ
Michlgan-Utnh .. 600 Ifa 70c 7ou
Nlpisalne 0 8 r
Korth llulfo 425 31J 30; 31
North Lako 336 21 2 2
nay Conn 19$ 13 mi
Surwrlor & Ivjston.. 340 2: 25. "2
Trinity 215 6 5
i.' 8 Smoltsr common 50! 413 413 -413
Tr.P?efrrcd 1MI K 3 -Wi
Utah CoLw 135I 105 101 10J
Pond - Crenk I 340 253 25j 252
American Zlno 3.3Gftf 30j SO 302
BOSTON" CURB CLOSU.
J 1 Bid. Asked.
Alaska. . jm.oo ?13.S7&
American Zinc 30.C23 30.75
Arcadian 2.25 2 50
Bearolo 10 2.00
Bingham Minen 4.00 4
Boston Ely 30 !s5
Bohemia 5) 07:;
rc?ntr3' 7.75 5!ob
Butte fc London r 57
Calaveras t..... S.!1 3 'm;
Eagle & Blue Bell I.OO 1061
Greene-CVinanca ... S.S7J ?!oo
Uoton Copper 3.7T, c".7C
Korr Lolce 3.121 3 n
KoWeenaw "'fii '''75
MraL LC2i S.'oo
Mavflowor . 12.25 1 73
Majestic .ji "i;5
Michigan 1,50 200
v"'iml 2"'75 21.25
Nevada Douglas 2.50 55
Ohio Copper ) 1,00 jior.l
lOJlbwny .t 2.50 3. 00
Onoco i,r.o 2.00
Pond Creek 25.75 M.S7?
Sliannon 12.00 12.50
South Lake 0.50 7.ri0
South Utah 35- go
E. W. Miami 3. SO 4.0f
Stewart 1.875 1.97J
Tuolumne 3.12J 3.2$
Utah Ape-c 2.00 '
iVlctorla 1.50 ' l!75
Winona 3.50 1 4!o0
Wyandot 1.25 ( i,r-0
BUTTE & SUPERIOR
MERGER IS DENIED
Tho merger between tho Butte &-. Su
perior nnd the American Zinc companies,
frequently rumored, has acoln boblwd
up a tlie ea-it, accornpanloL ax usumI.
wltJt thr denial that Wih a scheme Is on
root- Tho rumor rtvldcntlj woji rife In
Boston Tuesday, for an Intimation of
January will be a red lettct niontli -with Carstenseu & Anson
Co. It is marked by a most unique feature 1:"he cutting in naf j :
of all first payments.
Study carefully the accompanying list of slightly used pianos,
Realize first what a tremendous cut ' i
has been made in price and then how A Few Special
great an opportunity the one-half first Opportunities '
payment allows you. v "
1 Stoiwway $ G- :
Take the $550 Everett for instance. T.t was i Gorliard 2l)- '
takon. in exohange for s. Pianola Player Pi- c1 00 J4'-
nno", beaango ito owner couldn't play, and the 1 Strohhor I II 1 215
piano woj) uaeleas to Lot. Tte p-rioe is now !'eb" Wo
Uardmau Autono . . 5 1
only ff825 and 0 will send it to your home 1 Stnyvcsant " So '
Ifor Ten Dollars I Think of it, a pmno of na J b "011 '"" 325 '
Treat, a reputation as an Bvorett, handsome in 3 Fischer 0- j
appearanoo, snperb in tone, looks nnd sounds 1 Gerhard o0-
like now for only $1Q down. Yon could lWiHard1'"' V- ' 1
hardly ront a piano for that sum ordinarily. l Ludwirr '.,'2S5 ' :
1 Fischer oj j 1
And this value ia but suggestive o Uio other 1 Kralcaucr o3-
opportunities not only in used pianos, but on 1 Knal5c (Grand) ..... :;o,-
very tnstrtcment in onr buildingi now pianos, Organs, r0c per week.
Htmolas, Hanola Plrryar Pianos, Organs all .c.rlinp S.00 '
. . , 10 Clucaffo Cottaso .. 13.00
first payments cnx m naL.. I Fan-and & Vote v. . n,7.00 i 1
l Chicago Cortnqo 7 00
This opportunity extends tbronjrh January 1 ciiicngo CoMage .. h.m i
only. " , , x
Monthly Terms to Suit Your Convenience. J
Carstensen & Anson j!
f . Company j
Why pay more? All popular Sheet Mnaijc, 10c per copy. ,j
T4. Botith- Madn Street. - Next door to TMcOoraick's Rsnk. '-j
this iinic arroaa the Pollock vrlren fol
lowwl by what vrazs nlatcd Lr bo ji au
thorllP.tlvo denial. Tho mailer likely
will dlo down sjiln to bo revived In ap
planation of each market action of either
Iubuo aa hcrotoforc.
GOLDEN REEF CALLS
FOR FINANCIAL AID
Slwroholdcrn of tho Golden Koer com
pany ar) in rccolpt of notlco that au, ais
soertmont, To. 1G, of oiio cent n aharo.
haj beon levied, ivjiloh will bo dollnquont
on Fcbruaiy 2t tho sal day beln cot
for aiarch 22. The Poeretaiy oxpbdna
tho noccc3lly of thlo ns3ssomcnt in lho
"Ono year ago tho compauy leased Its
proporty for a temi or thro vearo to
Pdhrson and lErlcknon, and Included In
uald lcaeo .-ui option is riven tho said
parllcB (o purchapo tho prpoorty at a
price that will equal 1!0 contn pr aharo
lor tho oulbtandliii: capital atoclc. Thy
lease caJli; for a. ir, per cont royalty upon
tho not valuca of ores Hhlpped by the
lesnoro. Dnrlnf? lho year two carloadis
of oro havo been shipped, from which
the company bay received tlio sum of
?112.o0, and the property for tho future
soeins Rood. At tho tlmo tho proporty
was leased tho conipanw owed tho Bank
of Ephralm tlio oum or 570O; It waa hoped
tliat w could set funds enough from
tho lease to pay tho amount. Tho bank
cannot wait any longer and thercforo
we bad to auseoB in ordor to pay ttio ob
ligation." HALIFAX IN QUA RTZ
ON LEVEL FOURTEEN
Tim '1'onopa.h SUner Bayn that In drift
ing to tho west on the 1100-foot lovel tlio
Halifax management han run Into low
CTado - Quarts, which la supposed to bo
in the contact on which tho drift h:ia
been driven for somo distance. Tho
quarts a widor tlian tho drift and no
cronBcuttlns liaa been doni, v.o It l not
known yet if this Is a change In forma
tion or inorely an oocummco In the vojn
Itself. CroBscuttimr on tho 1000-foot
lovel lr. In low-grade quarts .iIko. Tho
chaft Ik now at tho 1475-foot point In
rhyollto in which manganese alrinsorB
aro bclnp; found. Tho abaft Is bain?
driven until tho trachyto fonnaUon In
ROUND MOUNTAIN IS
IN HANDS OF UTAHNS
Spccl;i3 to Til Tribune.
GOL.BFXBI.,D, N'cv., Jmu 2S, A deal
haa ben coneumumted by vhlcii W. ir
Wobbor. R. Emim and associates of
Salt Tako City acquire the Interest of ,
J. P. LoftUR and ifeoc!a4s in tho RoumJ i
Mount.-dii company. Wobbcr haa be-'ii
elected a director and vlco prcnldenU ITo
pronounces tlie nound lountaln prop
erty ono of the bit; mllllnp propositions
of tho country. Th company has a nh
ftULntlBl cash rcservo and It le plunucd
to !ncrca- the mill so as to handle un
ore tonnage In proportion to tho do.
Diirln-T the parst year the company de
veloped the lars:cst tonn-no of tho mlno's
lilKtory down to .ui far ;uj the 900-foot
level. Dividends wcro ceased by this
company pendlntr tho disposition of th
JirJs"clon recently decided advorcoly to '
tho Round Mountain company, and "with '
a wpclndld toniutse of ore aralliLbio, no
dobis, oJl litigation ollmlnatcd and a
rreatly enlarged concontra.tlnjr plant. ths
company faces a very fcitlsfactory porlod.
BELMONT SENDS OUT
BULLION BY TONS
Tho JarmarT sold-s11vcr bullion ahlp
mentff of the Tonopoh Belmont company
will reach to ovtrr elr tons, two con
Bisnmcnts of over thrcti torw each bav
Irrjc been forwarded ro tur sineo thp
dawn of tlw? year. Thin bullion is worlu
about M0tOvf per ton, and is fnt to t c
coari by erjireis.
Drinking and 1
Dp Men Drink Because Tliey
Arc Willful or Vicious?
Wo oftou hear people say of tlio
driukiug man, "Ho can slop drinking
if he wauls to,'' in fact, wo of I.on
hear tho driukins man himself aay,
'Oh, I can driujij or loavo it alone."
Isn't it rather queer that theso noast
ora UBuall3' kcop on flrinking- that
thoy ilo not "Icavo it alone-" There Is
a. reason for hin lcccpiuR on driulr
Lng and it ia neither willfnlnoFo or
viciouancss. Tho drinking man ia listi-
ally far abovo tho avera?o iu intelll
gouce, good naturod and good hcarthd
ncso. Wo admit that ho in often
vicioiin or willful whou drinking; this
ia tho effect, not tho caimo.
All drinkora uro fivat social drink
oro; a tho habit fastonr. itaelf upon
them, they become habitual, ncrvoim
or periodical drinkrrs. Their systom
has learned to depend upon it and
will not properly perform its func
tions without the artificial stimulant.
In lho oarly Btagcs of drinking the
Tf it is any induce- I
ment to you to get I
the best coal and to 1
be a pleased coal
user, we are sure to 1
have your business.
STOCKS, BONDS, GRAINS,
James A. Pollock & Co.
BANKERS AND BROKER3,
333-335 8outh Main Stroet (Felt Blda.).
8alt Lake City.
Direct PiivaU Wire to all, Market
Duplex SyBtem One Relay to New York
Corrc.wpondenbj Members .VII RxcliansfS.
uftoc'f Carried on Uberal Margins. ,
SpecJallsta jn MonnUln Ktatea Tolephons
cd Telcraph- j
30iaJ drinking period -I'o n,M)l
ablv ''mako good" lua bwit
"drink or leave it alone," hlB
on ho drinks because lie casMtlJW
along without it; his brain ffljB
work; ho becomes nervonf, imwj
cranky nothing gon3 riH
has had hi3 stimulant. 1M
I! is a wiso man who rerojBiwlpB
he is ''losing hi3 grip' sad tint M
tim-9 to "call a halt''; tbentijwj
glo for freedom eotnos tbo
tost his old boast that he "twM&jJ
or leave it ?Jone," and he mcilljMj
he cannot leave it -aJonc. lNo
Ho in a poisoned man; his ifttt J
full of tho poison of nlcohol;
medical holp; ho noedc tbo h'cJl
mont, which easily and quicHr mM
nates tho polwn and ncntralinilj
effect upon the tiwnea of tha
romovos all craving, ncri'oayeafM
sire for stimulant? restores
mental and physical vigor a a8JU
moro lliis great wort is accccfW
iu throo da.yn without dangcroll
dermic iajectloue. Xcal InrfitsifM
South Fourth Ea?l street, EH M
Phone, Hyland JI
When a euro is guaranty
curable pairja and disease, rJSH
name, arising from n'JLlaH
A k bottle of OIL OP EDgjJ
Dlo 75 ceuts) relaxes, oJgrJM
lays -pain, dissolves and fe
ulcerated tumor, cnlartM0
gland, goiter or other jJfM
gatherings of tho oxtori.al tji
A 3 bottle of SWEET
blood, reatoro ntahtr to ' V2M
parts; regulates liver, sJl'JS
and bowelB. Cure chrome foM
disordered digestion, BlcK.f,-twM
headache and norvoUB pros
your druggist has no I
receipt of price thoy ?'YbV
to any addmH in the u:rnYrip.B
C ALT FOUNT A COOP MCpJM
330 South West Tomplc fxvM
( A d vcr t iscra entj
paid la TWn rJW