The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current, February 28, 1909, Image 12

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The Salt Lake tribune. [volume], February 28, 1909, Page 12, Image 12
About The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current

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The Salt Lake tribune. [volume] (Salt Lake City, Utah), 28 Feb. 1909. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn83045396/1909-02-28/ed-1/seq-12/>

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H j 2 TPIE SALT LAKE TRIBUNE, SUNDAY MORNING-, FEBRUARY 28, 1909,
I 91 CAPPER HAS
I SREATJRA AHEAD
President MacFarlanc Writes
Report Giving Detail of the
Properly.
H MILL IS DESCRIBED,
AS WELL AS THE MINE
H Deeper Work Shows That Cop-
per Values Get Belter
H With Depth.
James M'acFarlano, president of tho
Ohio Copper company, has written a re
port of the Ohio copper property and
null of Bingham for the Mining World
of Chicago, which is of special in
1 rest nt this time in Utah. This rc--pert
coos into minute detail rclativo to
the resources, and such portion of tho
tame is here reproduced:
fl The development work so far done on
H tho Ohio consists of two tunnel levels
driven northerly from tho canyon, at
riift'ercnt altitudes, intersecting tho oro
fl lodv. From tho lower of these tunnels.
lalkd the Cunningham, or 100-foot
1 c't an inclined shaft was sunk fol
lowing the hancinir-wall vein, and from
ilns shaft two other lovels, the 400-fopt
;ind ."5iO-f oot, were driven on this vein
i- a distance of 300 and 400 feet vcr-ticr-l'v
below tho 300-foot lavol.
lao ( nuninsrham is at this time the
main workincr level of tho mine, and on
the 'evel drifts have been extended
rastv nrd a distance of S00 feci, on both
fonf and hanging-wall veins, and west
war! ?n foet, to tho limit of the prop
crty. Numerous lateral drifts between
and crosscuts have been driven, divid
inr the ground into blocks of approx
inntcly 100 feet square. From tho cor-icr-
of these blocks raises will be made
and sublevcls driven 25 feet apart, with
a view toward mininc the ground by
the cnvng system. Already thcro has
been driven on the Cunningham tunnel
level 2020 feet of drifts aud crosscuts,
c"tiTolv in ore. and this, together with
iT'i feer of raises and J000 feet of sub
1" o's above, has b'ocked out and made
rrndv for immediate extraction in an
r "v orr.ical manner an immonso tonnage
ct 'onenl rating ore above this level.
No work was done between the Cun
i i ant tunnel level and the 300-foot
i r On the 400-fnot level, about 700
r?" drifts and crosscuts, entirely in
0 ' ! vp been driven with the samo
t -ie object in view. The o00-foot
1 i' being the dewiest and most in
4 - -ct "ir. because of what ir might
i. ' mi showing the continuity of ore
,.- V;)lh. ui5 also been the scene of
(-.n-.;to development work. Alto;
i Mlrr. on thi level there is a total of
: IT 1 i- t of drifting and crosscu'.ting,
cn! f lv in ore. and So2 feet of" raises
co- rr-ctine with tho 400-foot level
p'rnr. It is unnecessary to describe
f ip-.p workings in detail, the plan pur
ci d being that of laving the oro out
n- nearlv regular blocks as possible
and rerdering the snmo available for
ccroieal mining. It is a fact worthy
(p rr.'e that the ore-bearing territory
H' devrVred ou .the iJOO-foot lovel is
::rosxr in extent, and that tho char
Maintained the standard of that devcl
oncd above, but has increased very per
upiblv. Tlie work of development now in
progress embraces the sinking of an in
ened shaft of two compartments, with
Hj an 'nclination of fifty degrees. This
shaft, starting near the footwall of the
ore. is being pushed as fast as possible
to a connection with the Mascottc tun
rrl. J0OO feet vertically below the stir- j
face. Raising from the Mascotte tun
nrl. ard sinking in the shaft, above, go
ig ou at the same time, there is about
4i0 feet on the inclination of the shaft
to be driven to complete the con-i"-etion.
The rascotte tunnel is also
being driven westward beyond tho bot-
fl torn of the Ohio shaft, and the breast
:s row 200 feet beyond the shaft: From
a point in the tunnel west of tho Ohio
sh.ift. a crosscut north will soon be
.started to intersect the ore body at this
level, and from which upraises in the
ore will be made to the levels above,
and through which ore will be drawn
o stiprilv tlie mill: On account of the
ore bod1' huviug a flatter din than the
irclination of th' shaft, it is expected
to tak: about 200 feet of crosscut ting
to ;et into the ore body from the Mns
rotte tunnel, as extended bevond the
Ohio shaft . and about 400 feet more in
le ore body to Teach tho Alls AVell
in forming the hanging wall.
A concentrating mill of steel and con
c -jo construction with :i capacitv of
2 'n0 tons per dav has been erected
about tlirce-foiirtli? of a mile east of
t'-o nortal of the Mascotie tumiel. and
all lut remains to be' done at this time
the setting up of the machinery be
f re nutting the plant into commission.
A"l fie nlans for this plant have been
in' do vith a view to its enlargement
',o dr nble tlie eanaeitv as fooii as the
tortion now nearing comnletion has
liren started up. The first half of the
rr'H. when readv to commence opera
lions, will have cost about $1,250,000.
Tie main building. 317x801 feet, is of
st -ne turn l teel eonstmctiou throughout,
civ rd with eornigafed iron ov-er a
Fc"ting of thick asbestos paper and
retting, making it practically fire
liior.f. All table floors arc of concrete
rstin" on tlx bed rock foundation. All
rt'iin'n'r walls nro of concrete, also all
fotitd:t;ons fur tables and Chilian mills.
' u !ime plant. 115x342 feet, is also
rr Mc-f-l eonstmctiou similar to the
iniu building. The mill is being
n lipped with strictlv up-to-date ma
B c iiKrv. consisting of two 24x10 .iaw
fi iie'-s. four 20x(i jaw crushers, six
t n 7 foot Chilian mills and 3S2 W31
fi n tables. ISO Callow tanks and twelve
"!.'i-illo. The mi'l is divided into four
ii df i i"Mlmt se!ions. each driven by in-
rT reiu'ent motors. All machinery is of
the bitest and most approved design.
a d is calculated to bring the cost of
oi oration and maintenance down to the
Hj r iiiirniun. Ample fire protection has
1 I f en provided, each building being sur
i iimded bv fire pipe lines with the
1 iipcossary hvdrants.
AbotM 14S0 acres of ground has been
p.rcT:asd here covering the mill site
nj'd tailings ground and insuring a last
in? supply of dump room. Railroad con
i' v-t Ions have been made with tho Rio
G-audo "Western railway at Lark at a
c, t of about $25,000.
Experiments carried out in an old
le.ised mill in Bingham canyon, extend
i' z through a period of two voars. on
1 the ores extracted from the mine dur
H iig development, .showed that a recovery
H of Si per cent of the gross contents of
1 . tl e ores could be oflfectcd. Jt was also
found possible to make a concentration
REBUCEO BUTE Fill
NEVADA OEE CAMPS
Ilarriiuan Line Brings Down
Frciglil Charges on Certain
Grade Rock.
On Saturday tho Orogon Short Lino
company mndo tho announcement that
on next April 3 a new rate will ro into
effect on ores shipped from tho Gold
field aud Tonopah mining camps to Salt
Lake smelters, the rato touching ores
of a certain grade only. Rock ranging
from $20 to $(i0 will bo enrried for $1
per ton less than tho present rato,
whilo ores ranging from $70 to $100
per ton will bo transported for fifty
cents less per ton than tho present
schedule. . . .
Tho purpose of this reduction, it is
stated, is to encourago tho develop
ment of properties, and the shipments
of ores that are now ready for tho mar
ket. It roniains to bo seen, however,
whether the reduction is generous
enough to stimulate oro shipments, for
tho Nevada minor has about come to
tho conclusion that on tho lower grado
of ores it is cheaper to mill bis rock
rather than ship it to tho emollcrs.
Local circles bono that this reduction
will encourago shipments lo Salt Lako
valley smelters, as no small quantity
of such ores have been sent to tho
Solby plant in preference to Utah.
Boston Coppor Market.
James A. rollock & Co.. bankers and
brokers. 6 West Second South street, fur
nish tho following, received over Ihelr prl
vHto wire yesterday afternoon:
HOSTON COPPEK RANGE.
I Sales. IH. I I j. Cls
Hoston Con 330 113 lit Hi
Butte Coalition .... 1.G10, 234 22 23J
Butte and London..!. I 25c 23c 25c
Calumet and Arls. . . 175 1 331 M W
Con. Mercur 32c 30c 32c
Coppor Range LOGS 721 70 i24
Cumberland Ely .... Ml U 3 t
Daly West 10 i 10.
Davis Daly 750 3l 31 3
Enst Butte 1,570 Hi; 1U Ht
Ely Con lSc ISc 18c
Glroux Con 1.C35 SI i Si
Granby Con 91 I2 04
Greone-Cannea . .. . 3.150 10 01 9
Nevada Con lad! 10; lfij lfi
Nevada Utah . 3 CM 21: 2? 21
Niplsslng 25 0i 0.1 01
North Butto 3.55 70 CO J .0
Trlnltv 330 131 I2j U
V nl ted Copper, com 12i 12 12 J
U. S. Smcltor, com.. 2SC 39I; 30 30
preferred .. HI l U
Utah Con lo iU Hi 41?
BOSTON COPPER CLOSE.
Bid. lAsked.
Ahmeck 120 150
Gtls Go Cu
B. Ely 1 5-10 U
Chemung t2j
Dominion Coppor 11 IS
First National 6 7
Glroux Con S SI
Florence- 31 4
Helvetia 3 31
."Majeetlc S S2
Ih. Conlltlon 44 4u
Ray Con 1U 1U
Seneca 101
Tonop'h 6 61
Adventure "J S
Arcadlan--r 5 6 J
Atlantic lo lb
i Franklin ' . 18 13
G.-C 9 10
Massachusetts S 51
Mkhlsnn li 101
Old Dominion 49 401
Parrot 26! 2i
Shannon 13t 14
Tenncrcc Copper 871 3S
L'tnh Copper 41 42
Winona. J
Wyandot SS 2k
.nUo 17f 1(J
S. and P 14J 14Z
A. and M HI Hi
Black Mountain ...-...... U 1a
Cobalt Central 47 IS
Daisy Cj iQ
Hancock 113 12
I. a Ro 0 5-16 G 7-1C
OJlbway IS 131
Raven 42 44
San Ant 131 14
Queen ." 02 01
Yukon , 4J 4 o-lC
Allou: 40 41
Arizona Commercial 311 2l
La Snlle 15 151
Mexico Con Xi 4
Mohawk CI
Osceola . 12S 130
Qiilncy SG SS
Tamarack S4 S5
Victoria -U
Wolverine 112 147
Zinc 25t 2C
Oorbin I'l l5?
Royalu 29 29?
Ni-wltouse 48 1
oil aoii m
.7. OBEKNDOKl-'ER. STOCK. BKO
KER. Dfil i. Main. Tel. Bell 792.
I Want a Lady
Or gentleman at'onee to buy interest
in group of mining claims, in fine lo
cation, at Pioche; good reason for
soiling. Box 5SS, Salt Lako.
of from eighteen to twenty tons into
one.
Tho oro is entirely free quartz and
containing no clay or other muddy sub
stance interfering with clean concentra
tion insures a high percentage of re
covery. The average value of the ore
now developed and in sight in the mine
is 1.000 per cent copper. 0.00.r ounce
gold, and .05 ounce silver. Tho cop
per value on the 100-foot level aver
ages J.4SS per cent, whereas tho aver
age value of the 500-foot level is
1.707 per cent, thus showing a marked
increase in value as depth is attained,
and tho gold aud silver value remaining
tho same.
In all some S95 samples enter into tho
i average of 1.48S per cent copper found
I for tho Cunningham tunnel level: 527
samples into the average of 1.500 per
cent cooper found for tho 400-foot level,
and 7SG samples into the average of
1.707 per cent copper found for the I
500-foot level.
Tn calculating the tonnage of ore ex
posed', the areas of ore-bearing territory
as only absolutely aud actually -'Tlo-veloped
by workings on the various lev
els, were measured, and entered into
the immense tonnage of lfl.500,000 tons,
which something over 10,000 feel; of
openings have placed in sight above
the main transportation (Mascotfc) tun
nel level.
Careful. observations of costs and re
sults attained in employing the caving
system of mining, have led lo its adop
tion covering the future mining opera
tions of the Ohio. An estimated coat
of mining ydaced at 70 cents per ton
has been concluded to be a safe figure,
with operations of tho magnitudo pro
nosed. It is claimed underground min
ing of this character is being con
ducted today in the adjacent Utah
propcrtv at a total of 4(5 cents per
tou. Tho cost of hauling between ore
chutes in the mine and tho bins at the
concentrator, through tho Mascotte
tunnel, will be 15 cents per ton, and
tho cost of milling is estimated at 50
cents per ton. which is very conserva
tive, as undoubtedly lower operating
costs will be reached. Tho cost of
smelting is placed at' $3 per ton of con
Trlbuno Agonts In Nevada.
Copies of Tho Tribune will bo found
on sale In Nevada nt tho following:
Bnuvnrd R. Llvennorc.
Callentc .John Shier.
Cherry Crock Grey & Collins.
Cobre Richard Richards.
Columbia B. I. Barlow.
Elko A. H. Cochrane,
Ely Harvlllo Stationery Co.; Graco
Fnxon: Waldcn & Burnett.
Fallon Black's N. P. Agency.
Go'dfleld Loulo Polln.
Lni Vcgnn Wilson Drue Co.
Lovelock Charles N. Bokcr.
Masuma McLean & Dally.
Pioche A. A. Carman; Plocho Drug Co.
Rawhide Mrs. I. Davis: Louis Polln.
Rono Rosenthal & Armanka: Shopard
& bon.
Rhyolltc Tho ''Crescent."
Tcnopnh r. s. Oldfather.
Wonder Adams Bros.
Ycrlngton G. E. Leavltt & Son.
FEBRUARY WAS LIBERAL
MONTH WITH EXCHANGE
February hns boon a liberal month with
tho local exchange, during whtrh period
5.023.1S1 shares of stock wore traded In.
tho market value of which was $1,713.
C73.51. Saturday morning. S4.000 shares
Bold, valued nt $19,510.25. There were no
special features Saturday on tho ex
change, prices and trading being about
normal; that Is, normal for tho past
month. Tho following wore the closing
unlisted and listed stock transactions:
UNLISTED STOCKS.
1 Bid. IAsked.1 Sold For. "
B C-Stnnd . ? ? .35 ?
E T Gld Kng .01 .02 -M'-'k-k
Tin Emplro . .05J .0G .05Jtf .0oJ
Cedar OS
U Tr 11111 .. .2C 2G
Federal Ely 00
Nov Amulg 2o .20 W
L.IST" ED STOCKS. .
Bid. Asked.
Addle ?
AJax
Albion '.
Alico 2-00 2.2
Bock Tunnel t
Big Hill .; -
Bingham Amalgamated ... -J!
Black Jack 3'
Bonnie Brier
Boston Consolidated , J3,il? .
Brooklyn ConsolIdatd
Bullock 0 .0i5
Century 1 ...
Carlsa .SS .90
Colorado Mining u.lfl 3-20
Columbus Consolidated ... 1.30 1.321
Consolidated Mercur ;
Crown Point .221 -23
Daly-Judge 4.o0 5.00.
Dragon Iron 41 -
Dromedary Hump J.5
Eagle and BIuo Bell 0 1.00
Kaclo's Nst 0'
Enst Crown Point .05 .051
East Tlntlc Consolidated.. -OS .09
East Tlntlc Development. .ISi .1J
Emerald
Gnlonu 01
Godlvn ..v. 30
Gold Clicf Crown .:- -Sia
Goldlleld Daisy .6, -90
Granu Central 3.10
Ibex Gold -J.
Indian Queen -0S3 .09
Ingot OUf .02
Inyo Gold 4-;,;;
Iron Blossom 3.20 3.224
Iron Hat - .05! -OCi
Iron King Consolidated ... .2o
Joo Bowers 01 .05
'Keystone J1
King David JJ.
Kinr William 3. .42
Lehl Tlntlc 0i .01
Lead. King U1J A jA"
Little Bell 2.30 2.40
Little Chief S
Lower Mammoth ... .21 .
Major Evans -0IS .09
Maion Valley 2.3 2.321
May Day 211 -2
Mountain Lako 'i 1
Mineral Flats ... .13 .Hi;
Miller Hill . t
Nevada British , 1
Nevada Fnlrvlcw ;: ,-Vmi
Novada Hills 1-0 1.41
Newhouse 4.-0 4.o
New York M -0b
North Cllft .02 .......
Ohio Copper 6.-0
Pioche Metals 2 -21
Plu 11S -19 . -U
Prince Consolidated 1.321 1.35
Richmond and Anaconda .Id
Sacramento 5 Xi'5
Scottish Chief 02 .08
Seven Troughs -16 .i
Silver King Coalition 4.35 4.421
Silver Shield
Sioux Consolidated 1.121 1.1a
South Columbus Con 4a -l
Southern Swansea - .i
Swansea Consolidated 23 .2j
Swansea Extension 04 5
Stray Dog 03 .0.
South Iron Blossom 0i .0ii
Texun , .l. 'JS
Tlntlc Central 1J -Ij
Tlntlc Combination ObJ .0
Tlntlc Silver 01 .2o
Tlntlc Silver Crown
Uintah Placer -JjO
Uncle Sam -'0 -1
United Mercur 01 ...
Utah Consolidated 19 .15
Victor consolidated .11 -U
Victoria i-SS
Wabash 0o ...
Western Nevada 44 .4'
Yankee Consolidated 28 .29
Ycrlngton Copper 0' .Oil
Yurlngton National .20 ........
Zenoll 0-5 -oc
FORENOON SALES.
Black Jack. 1000 at 37c.
Bullock. 100. nt 7c.
Carlsa. 1500 ut S9c.
Colorado. 550 at $3.20; 100 at $3.22i;
500 at $3,171.
Columbus Con.. u0 at ?1.32i.
East Tlntlc Dev.. 2000 at lSJc. .
Indian Queon. 500 at S3c.
Iron Blossom. 2200 at $3.20; 300 nt
$3,221. ,
Iron Hat. 2000 at Cc.
Iron King. 1000 nt 211c.
Lelii Tlntlc. 2000 at 71c. . .
Mountain Lake. 100 at 42c.
New York. 1000 at 5Sc. .y -
Ohio Copper. 300 at .50.30.
. Silver King. 200 at $4.42.
Sioux Con.. 700 nt ?1.15.
South Iron Blossom, 8000 at lc.
Swansea Extension. 300 at 4tc.
Tlnlic Central. 2500 at 17ic.
Uncle Sam. 500 at 70c.
Utah Con.. 4500 at 191c; 1000 at 20c,
; buyer sixty days.
Yankee. 2300 at 2Sc. - -
Shares sold. 37,900.
Selling value. $20,9SC.7o.
OPEN BOARD.
Deck Tunnel. 500 at S0c, buyer sixty
days: 800 at 7Sc; 400 at 77c
Bullock. 1000 at 7c.
' Colorado. 200 at $3.20; .00 at $3.17.
Crown Point. 300 at 23c, buyer sixty
davs; 1000 at 221c.
East Tlntlc Con.. 500 at 9c; 1000 at SJc.
Indian Queen. 1000 at SSc.
Iron Blossom, 100 at $3.20: 1400 ut
S3. 22: 2000 at $3.25.
Lead King, 1000 at 2c.
Little Chief, 400 at 38c.
Mountain Lako, 300 at 411c; 700 at 41c;
500 nt 42c.
Mason Valley. C00 at $2.30.
Ohio Copper, 100 at $C.25S
Plutus, 5000 at 20c; 5000 at 201c buyer
sixty days.
Sioux Con.r 500 at $1.15. buyer sixty
davs; 1000 at $1,121, buyer sixty days;
2id0 at $1.10; 1100 at $1,121.
Swansea Extension, 500 at 42c; 3000 nt
41c.
Seven Troughs. 500 at lClc
Tlntlc Control, 500 at ISc; 2000 at 171c.
Tlntlc Combination. 1000 at 7c.
Uncle Sam. 200 at 70c.
Victoria. 200 at $1.95.
Western Nevada. 200 at 44c.
Ycrlngton CopporT 500 at 7.1c.
Shares sold. -40.100.,
Selling value, $2(5,523.50.
Months totuls Shares sold, 5,023,151 ;
selling value, $1,734,073.54.
Oro Shipments.
Tho Pioneer sampler on Saturday re
leased 5 cars of oro from Utah, and the
Taylor & Brunton company released 10
cars from Utah camps. t
Oro and Bullion.
The oro and bullion report for Saturday,
given by McConilck & Co., was as' fol
lows: Ore received, $0000: bullion shipped,
$22,U00.
OPI CAMP WELL
ElJill ERA
Famous Old District Being
Groomed for the Next
Interest Center.
MUCH ORE CERTAIN7
IN SEVERAL GROUPS
Lion Hill Consolidated Is Draw
ing Attention in Very
Positive Manner.
Tho impression is fast gaininc ground
in Salt Lako that tho famous old Ophir
camp is coincc to bo tho next point in
mineral Utah to on.ioy a mining boom.
Tho performances of lato of tho Lion
Hill Consolidated company arc attract
ing attention, although the Ophir Hill
group of Senator Clark and tho Cliff
Mining compnny both have been rap
ping out results for a long tirno that
should hnvo rejuvenated tho district
long before this.
On Saturday some assaj'S were made
en tho sample's of oro sent in from 0110
of the breasts of ore now being pushed
forward bv General Manager George St.
Claire on" tho Lion Hill Consolidated.
Tho ore as-avcd S65 ounces silver, 117
por cent, lead and $r.f0 gold per ton.
This is an unusual high lead assay, and
tho stockholders of this company aro
of tho opinion that when hotter depth
is gained theso lead values will be
found much higher thnn the present
standaid. '
Three splendid oro bodies arc bring
developed in this propcrt- now. The
latest from which news has. come is
soven teel in extent, and it is in line
for the Columbia propcrtv, although
1000 feet distant, from which the for
mor owners mado several shipments
ranging from $00 to $70 per tou net.
As this work progresses it is thought
I this whole 1000 feet, and then moro
j further on. will bo found extremely
well provided with ores, and it all is
I virgin territory.
Novadas in San Tranclsco.
James A. Pollock & Co.. bunkers and
brokers. G West Second South, furnish
the following, received over their private
wire yesterday:
GOLDFIELD.
I Bid. lAskcL
Sandstorm $......? .14'
Columbln Mountain .11 .14
Jumbo Extension -1C
Vernal 01 -08
Pennsylvania 01 .02
Booth IS .1?
Blue Bull 03 -11
Adams 01 .02
Silver Pick OS .03
Nevada Boy 01 .02
Black Butto Extension ... .01 .02
Blue Bell $S -01
Dixie 01 -03
.Ulbornla -03
St. Ives . -15' .......
Conqueror ... .: '3 .0o
Black Rock PI -02
Lone Star .04 .06
Coalfield Wonder 01 .02
Oro 09 .10
Sandstorm Extension .... .01 .02
Atlanta 12 -13
Oreat Bend IS .19
Rod Top Extension .04 .Ou
Florence 3. SO
Dlnmondfleld B. B. Con.. .0. .OS
Goldfleld DnlFV .' - .08
Combination Fraction .... 1.00 1.021
Great Bfnd Extension ... , .03 .0
Groat Bend Annex .04
Milltown .gfi ...
B. B. Bonanza 01 .02
Ke wn nos -0
Esmoralda 01 .0-
Portland g; -0
Craclcerjack 03 .01
Frances Mohawk 11
Red Hills -.09 .10
Mohawk Extension 01 .0J
Lou Dillon 01 .03,
YtMlow Tiger .17
Grandma. .03 .oi
Goldflcld Consolidated .... 8.00 S.05
Dlamoiidfleld Triangle ... .02 ...
C. O. D 2" -2C
Florence Extension 04 ,0o
Gold Bar 10
COMSTOCK.
I Bid. lAsked.
Ophir ? 1.20 $ 1.221
Mexican !
Gould nnd Curry .13
Consolidated Virginia tG .3
Savngo 10 .17
Hole and Norcross In
Yellow Jacket 30
Belcher 10
Confidence
Sierra Nevada 2i .27
Exchequer .2''
Union 20 .22
Chollnr 0. .OS
Potoal OS .09
TONOPAU.
I Bid. lABkcdT
Montana Tonopah $ .71 ?
Tonopah Extension 75
MncNumara. 31 .35
Midway 21 .23
Tonopah Belmont SI
Tonopah North Star 03
West End Consolidated .. .31
Rcscuo 03
Jim Butler ' . .! I .1
BULLFROG.
1 Bid. Asked.
Bullfrog Mining ? .01 f
Montana Bullfrog 01
National Bank ' .03
Amethyst 01
Gold Bir 01
Bonnie Clare 01
Mayflower Consolidated . .15 .10
Golden Secptur 01
Montgomery Mountain 09 1 .10
llomcstakc Consolidated . .O.'i .0C
Tramp Consolidated U9 .10
Victor .01 .02
MANHATTAN.
I Blil. lAsked.
Manhattan Consolidated ? .0
Dexter .02 1
Mustang .02
rinenut .02
Buffalo .01
Stray Dog .05
Standard ', .01
OTHER DISTRICTS.
I Bid. lAsked.
Falrvlew Eagle i 5 .20
Nevada Hills 1.35
Pittsburg Silver Peak ... .70
Eagle's Nest 03 ..
Hailstone 01 .02
Round Mountain SO
Rawhldo Queen Regent .20
Rawhide Coalition : . .41
Balloon Hill 02 .03
i '
Metal Market.
Tho metnl quotations for Saturday,
posted by McCornlck & Co.. were as fol
lows: Sliver, 505c; lead, 54.10; copper,
12 15-lGc.
I Mining Kotos. ,
j Tlie contract for sending tho Ilonerlno
Extension workings. Into oro having ex
pired, It is cortaln that the company will
enter Into another one for tho purpose of
developing tho property for another 200
foot' to the eaat.
I EXPERT EXPECTED AT
THE CMAOO Ml
Knowing Ones Believe Mine
Will Be Examined During
the Week.
Local circles who aro closo to the
matter of tho Colorado option aro of
tho opinion that tho second logical step
in this transaction will occur during
tho new week, namely, that an exam
ination of tho mino will bo mado in
tho interests of tho organization before
whom tho option was placed in New
York last week. This organization, it
is thought, is none, other than the In
ternational Smelting aud Kenning corn
pan v. and the fact that an examination
of 'tho property is scheduled for tho
week is tnkon hero as rather conclusivo
that theso interests nro willing to at
loost investigate tho proposition.
Nothing will bo more important than
tho result of this expert inspection of
tho Colorado mine. It is hoped that
the amount of ores determined jn tho
proporty will bo learned, for it. has
boon a "matter of much speculation for
over a 3'oar just how many millions of
dollars' worth of oro tho Colorado man;
agomont had demonstrated. Somo of
the estimated figures during .this period
havo run to, tho cxtrcmo, but few if
any estimates have gono below tho
present selling value of tho stock. Min
ing engineers havo agreed, on the con
trary, that thcro were more valuable
resources in the oro body than the
buying public npprociated.
it is not an easy matter to measure,
the Colorado body. Those who havo
visited the mine lately stato that much
must bo loft to estimate, but all who
havo indulged in this practice have
been impressed. Tho examination nat
urally will deal only with the. ore body
which began in the Beck Tunnel and
which ends as far as the present time
is concerned in the Tron Blossom. It
will be interesting to know whether or
not unbiased experts will expert much
from this proporty at a greater depth
than the present big ore body.
Should tho International company be
tho powor behind this inspection, it is
likely that the call on all of tho Knight
ores "for tho next ton years will be no
small consideration in the deal as a
whole. It has not been learned yet
into whoso hands will be intrusted this
examination, but all Tintic is keeping
a weather eye on tho premises to find
out.
New York Mining Stocks.
James A. Pollock ,fc Co.. bankers and
brokers, 0 West Second South street, fur
nished the following, received over their
private wire yesterday nfternoon:
LISTED STOCKS.
I Sales. I II. I L. !Clso
Nowhouso 2001 48 4 8 48
Utah Copper oOOl 42 41J 41i
Tonn. Copper 1.100 37j 37jt 37j
NEW YORK CURB RANGE.
I Sales. I II. I L. IClse
Cumberland Ely 1 1.500J 711 72' 71
Ely Con ( I ISc 10c' ISc
Dominion Cop I 400; 12 12 121
Greene G. and S.... ' nc 2c oc
Nevada Utah 5001 2J 22 23
Nevada Smelter, 1 2 1
Mitchell !...-. J I i
Glroux Con C.500 Si 73 S$
'King Edward 100 i I I
Tlntlc Mining 3j 3 3i
First Nat. Copper... 100 7 7i 7i
Boston Con 400 1H ll 113
Nevada Con 1.000 17 ICS 17
Yukon Gold mo 4?. 4 4
Montgomery Sho. .. 900 2 2 2J
Miami Copper 3.100 133 131 131
El Rayo 24 2J 23
Cobalt Central 20.000 4fii 46 4G
Ray Con 1U in 1U
NEW YORK CURB CLOSE.
I Bid. lAsked.
Butte and London I
Cumberland Ely 73 7i
Glroux Consolidated S SJ
Nevada Consolidated 161 174
Nevada Utah 2 13-1C 21
Nlplsslng 9.1 91
Newhouse 4J 4
Tennessoo Copper 37i 373
Utah Copper 41 414
Davis Daly : 3S 31
Dominion Copper & 3-1C
Ely Central 5
Ely Conoolldntcd 10 IS
Furnace Crock 11 12
Greene G. and S. com 2 5
Mitchell i
Montgomery Shoshono ... II 2 1-1G
Nevada Smelling 15-10 1
Silver Queen 63 04
Sliver Leaf 12 14
King Edward I 1
Foster Cobalt 35 42
El Kayo 2J 2J
Cobalt Central 4ai 4C
McKlnley-Dnrragh ." 90 91
Tlntlc- Mining 3 3J
Gibraltar I fi
MIc Mac U 18
First National Coppor .... G5 7J
Boston Consolidated 112 Hi
Yukon Gold" U 4 5-1C
North Butto Extension ... 4 G
Miami Coppor 131 13
Bay Stato Gas 1 1 5-1G
Pentia. -Wyoming 3 5
Ray Consolidated lift' . llj
San Francisco Mining Stocks.
SAN FRANCISCO. Feb. 27. The offi
cial closlnc quotations for mining stocks
today wero as follows:
Alpha Con ....S .05' Hale & Nrcrss .16
Andes .... .... .08 ICentuck Con . .01
Belcher 20, Mexican CI
Best Belcher .34 Occidental Con. .17
BulHon 12 Ophlr 1.20
Caledona .. . .06 Overman Jl
Challfiige Con" .09 Potosl OS
Chollar 07Savngo 14
Conlldenco IS Scorpion 05
C C 'c VV.i 3G Sag Belchor .. '.01
Con Imperial .. .02 Sierra Nevada. .23
Crown Point .. .30. Union Con 21
Exchequer 20;Utah Con 01
Gould &. Currle .12. Yellow Jacket . .37
NEW YORK MINING STOCKS.
Alloc ?2.00LIttIo Chief ... .10
Brunswick Con .03 Mexican 0i
Com Tun Stk . .26 Ontario 4.00
do bonds ... ,2S Ophlr 1.25
C C Sr Va 3$ Standard .. .. 1.45
Horn Silver ... .65,Yolov Jacket . .SS
Lcadvllle Con.. .0l!
UOSTON MINING STOCKS.
Adventuro . .? 7.75 M C & C ... .20
Alloucz .. .. IO.11O 1 Nevada .. .. 16.S7J
Amalgmtd .. 68.00 JOld Dom 49.00
Ariz Coin .. 31.75 Osceola .. ..12$. 00
Butto Coullt . 23.25 Parrot 26.75
fni & Arlr. .. 99.00 'Qulney .. S6.00
Cal & Hoc. COO. 00 'Shannon .. . 13.75
Centennial . . 29.50 Tiunarack ... SI. 00
Cop Range .. 72.25 Trinity ., .. 12.75
Daly West .. 9.50 l United Cop .. 12.00
I'ranklln .. . 13.00 U S Mining . 39.75
Granby .. .. 92.00 U S Oil 30.25
Greene-Can . U.S7J,l'tah 38.00
Isle Roynlo .. 2S 50 iVictorla .. .. 4.50
Mass Mining. 5.00 'Winona . ; .. 5.125
Michigan .. 10.25 Wolverine ...142-00
Mohawk . . 61.00 North Butte. 69 S7
JtaJSnlngP&wder
Absolutely JPure
J. W. CURR1E, ASSAYER,
70 W. 3rd So., Salt Lake City.
JESSUP THE COMING
CAMP DF NEVADA
George AVood Says District Has
All Earmarks of Produc
ing Camp.
"Thcro is a mining camp in Nevada
which Salt Lako papers never men
tion, but which has tho material for
ono of the biggest and most interesting
j gold-producing points of tho Sagobrush
Stato," said Gcorgo Wood, tho well
known Nevada operator to The Trib
une on Saturday. "This camp is known
to bo n limitel world aa .Tessup. but it
will bo widely known before the sum
mer of 11)01) has turned into fall.
".Ies8up is located thirty-two miles
west of Lovelock, and that is why Love
lock knows more about it than tho ordi
nary town of Novada. Lovelock, how
over, is not tho nearest railroad point,
lluxloj- has that distinction, nnd Hux
ley is only seven miles distnnt from
Jossiip. Tin's npsurcs an easy and eco
nomical haul for ores and supplies, and
theso two items aro going to be a fac
tor at .Tessup this year.
"The camp already has produced ore.
tho Mackedon and Taylor nroporty
having mndo a shipment rocontly which
netted tho owners $K17 gold per ton.
I havo fceu rock from ,Io59up that shows
every essential for causing a boom
there when tho timo is ripe. The Mack,
Katcliff and Loose group is another
fine looking proposition. The Hopkins
property is owned and operated bv Now
York interests, while tho .Tonoph Macke
don group, ownod by Michigan inter
ests, is looking very promising now.
Tho P. .7. Haines property has been
pounded to a depth of ninety foot, and
tho operators havo opened a very fine
quartz ledgo showing free gold.
".Tessup was discovered a year ago.
and it now contains four hundred peo
ple, hotels, saloons and all lines of busi
ness enterprises arc represented. The
proport' owners have done very little
mcorporatig of companies. Thoy say
if thero is anything thcro they might
as well got it themselves as to allow
it to leak out into tho pockets of oth
ers. But some of theso days a big find
of rich rock will bo made, and then
3'ou will sco another rush such as No
vada has been famed for during the
past five or six years."
HURRYING THE RAILROAD
TO INTERNATIONAL PLANT
K. P. Mathcwson, manager of tho In
ternational Smelting aud Refining com
pnny, save that they will begin laying
rrnek lor the new lino to the proposed
smelting plant at once. There has been
three miles- of the road graded and the
lies laid. The rails arc on the ground
nl will be laid as fast as the balance
of tho load can bo graded, and tho en
tire six and one-half miles between the
plant and tho Salt Lako route will bo
madi -fady for hauling trains by May
1. Mr. M'atnewson says that the com
pany proposes to make Tooele City a
modern town. It has alrendy headed
off a couple of townsite companies and
proposes to sec that every building
erected is a substantial affair. It is
not going to allow any shacks built and
every residence will be a comfortable
hftme for working men and their families.
New York Bond List.
Jnmcs A. Pollock fc Co.. bankers and
brokers. 6 West Second South stroet, fur
nish the following, received over their
private wire yesterday:
I Bid. lAskedT
Am. Tel. and Tel. Con. 4s 943 91
Amer. Tobacco 4a 75J 76
do 6s 106 106J
Atchison Gen. 4s 101 101i
do Con. 4s 1011 105
Atchison Adj. 4s stnmp'd. 94 95
do Con. 5s 107 1075
Atlantic C. L. Con. 4s 96 97j
do (L. & N. Col. 4s)... 90 90J
B. & O. 3b 933 94
do 4s 1003 101
B. R. T. 4s S3? S4
Can. Co. 1st os ext. 6s... 1061 107
C. .fc O. 4s 106 106J
C. B. & Q. Gen. Mt&. 4s. 100J 100a
do Jr. 4s 9SJ 991
do Ills. 4s 102 102i
do Den. 4s 9S 9Si
Cent. Pac. 1st 4s 973 9Si
Chicago Ss Ii. 1st 4s 86 SS
C. R. I. & P. R. P.ef. 4s.. 92$ 922
do Col. Tr. Is 79 79 J
Colo. & So. 1st 4s 9Si 9Si
D. k R. G. 4s 96J 97i
D. & II. Conv. 4s 100 100J
Krle 1st Con. P. L. 4s S7 SS
Int. Mot. 4Js 78 J 7S2
Japanese Is SI S5i
do 1st lis 925 93
do 2nd 4Js 92 925
L. & N. Un. 4s 102 102i
M. K. T. 4Js 91: 92i
Mo. Paoltic Is SI Sli
N. Y. C. 3Js 92J 931
N. Y. C. L. S. 35s SI, S.i
N. Y. C Is 101J 102
do -lis 1957 1111 1119
Norfolk- k West. 4s 9Si 99
do Conv. 4s 96i 96.1
N. Y. O. & W. Is 9St
North. P. P. L. 4k 103 103J
North. Paeltlc 3s 71 75
O. R. N. S. L. Is 94 95
O. R. k N. 4s.. 99 99 J
Pa. Ry. Is. 19 IS 1041 HU
Philippine Ry. 4s 91
Reading Gen. 4s 993 100
Ref. of Cuba 5s ... 1021
So. Pnclllc 1st Itef. 4s.... "J5 95
do .Col. 4s 903 9H
South. Ry. 4s 1S 7R3
St. L. S. F. Ref. 4s." S05 SCS
Union Pacific 1st Is 1031. 1031
do Conv. 4s 103V 103
do Ref. Is 9?R OSi.
U. S. S. S. F. 5s 103A 1034
Un. Ry. S. V. 4s ".. 73 73-J
Un. Ry. St. I 4s S5 SO
Wabash 1st 4s 7C5 75
W. U. 15s 90 I 95
Westlnghouso Con. 5s 92il 93
Western Pacific 5ti 95JI 95
Wisconsin Central 4s 94 94 j
West Shore 4s 103'.! 104
Buy Acmo qualitv paint and got a
lucky button. Worth $5 or $800. Cul
mor Paint and Glass onmnnuy.
4 M M M M B
I WARD'S MASSAGEl
t COLD CREAM I
t
X looks like enow. It Is a dainty
white preparation, delightful to -f
4, use and provides Just what tho
complexion neods to keep It fresh a
and youthful.
In Jars at 25c, 50c and 75c
Call phono 552. Wo deliver any- T
where. J
X
! DAYTON DRUG CO. j
T
2nd South and State St.
iH 4 H H M H M MJ
ACCOUNTS SOLICITED. ' hfl
National Bank of the Republic, f ' tH
A. thoroughly modern isavlnffu depart, t "J '
pent conducted In connection lth thta r- J
gnk. Hafo dopoalt box for rent. TJ a! 1 ,:-.
Depository. ft
Prank Knox, president Jnmei A. Mur.
?yi v'c-p"a,dont' w- F- Earfl- cashier, W
B. A- Culbortoon, assistant cnshler. 1 j B
CnplUU paid hi, 300,000. Interest paid' I
on tlma deponlta. jL,
" If .
ESTABLISHED 1633. P-'Pl'll
UTAH COMMERCIAL AKD ; u :
SAVINGS BANK. k
WM. F. ARMSTRONO, Pronldont. I
BYRON QROO, Cashl ! fe" '
Dommrelal Banklnr In All Its Branches. 1
Four per oint Interest on savings doposl If-'vV
DESERET NATIONAL BANK f
V. 8. Depooltory. ' i ?
Salt Lake City, Utah.
Capital, ?500,000.00j curplus, WOO.OOOOft. ' i'!
U B. Hills President j j&Snt
Moses Thatcher ..Vlce-PrIdent
H. fc. Younp Cashier, l- t-rXJ
ffidgar S. Hill, Asst. Calhlefk
L. W. Burton Ajsst. Cishlo
Safety Depostt Boxos-for Rent. ' s-
i i .
f7. 8. McCORNlCK. THOS. K. CUTXER, ! ' '
ProBldcnt. Vice-President. v
THE UTAH NATIONAL BANK, T tJi
SALT LAKE CITY, UTAH. ' sio;
We receive deposits of ?1,00 and ub V v;
rard and pay four per cent lr.terest. i 5C
I Start an account In our savings depart- -opn
Bent today. r
R. T. BAJDOE5R, Cashier. ' rc
I R. G. DUN&CO. - '&:
THE MERCANTILE AGENCY, ! H
QEORQF RU8T, General Manoner. I was
Idaho, N&vadn, Utah and Wyomlna. 1 1 ,
' Office 201 Trlbuno Bldfl., Salt Lake City, ' '
ESTABLISHED 1841. 189 OFFICES. I r
! THE OLDEST AND LARGEST. I . V
I ..eon
WALKER BROS., !
BANKERS. j g;
.-y (Incorporated.) " f ' ft,:,
ESTABLISHED 1839. , la
(Capital , -....250,tt ) -
Burplua aiOO.000
Absorted tho Salt Lake Branch of Wefta "kv
Farno & Co.'a Bank.
Safety Deposit Boxes for Rent; 1
Travelers' Letters of Credit Issued ' " M
Available In All Parts of the World. I dre
WE INVITE YOUR ACCOUNT. ?rC
. a t
I -f, Rial E&tafe ! r"Sf
! JJIJwcRrawj ; dir
J ESTABLISHED 1889. !; tJ,(.
Capital, J10.000; Surplus, $75,000. t . rfti
Special attention givon to tho col- i !,"!
lection of rente, payment of taxes. Pr
and the caro of property for non-real- CO
dents. 251 SOUTH MAIN STREET, ( 03
Salt Lako City, Utah. i pri
I j on:
McCORNICK & CO., , i It
BANKERS. g
ESTABLISHED 1873. V
v Ult Lake City, Utah. - f I
d. ta.
I aaaawaa sagga g 1
J Jas, A. Pollock & Co. I J k
1 Bankers and Brokers, No. 4 I i
I West Second South Street, , jAJ
I Only legitimate private l r f.
I wires from Utah to the East- ;
era or "Westeri: markets. 2r
We buy or sell stocks or i
!- (
bonds in any market of Olf.r'
I world. Our neve Duplex wire :' ci
service more than doubles I . 'Cc
our capacitj'. I . co
IP ! v
THE BUSY MAN
hna enoujih lo bother him without be- i .r
lnc; annoyed by poor stationery. Good j;
stationerv saves both time nnd worry. jj
Order vnur stationery' supplies here nna i,
things will pro smoother at your office. rt
Send here and cot the best of evcrj'thu'R y
in statlonen- from a bottle of In!: to a i, .rjc
coiplet office outtlt. j ou
Pembroke Stafisnerj Co. ;
Salt Lake's Stationers,
54 WEST SECOND SOUTH S1 ; else
gunn'quealy ' I I J""
Mock Sprtags I J
COALi j
J Tlie best mined. .
i Ask your dealer for it, or I ;
call 171 either phone. j i
T. I O'Brien H
Gen'l Sales Agent, I ; c,
211 Herald Building. J Ij
j j ' .
I , .
JOHN A. KIRBY. R. K. COBB. q,
R. K. COBB & CO., !
MINES, STOCKS AND BONDS. . U
Telepltoncs Ind.. 931: Bell. 4300.
17 West 2nd South St. I
1 r 1

The Salt Lake tribune. [volume], February 28, 1909, Page 12, Image 12
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The Salt Lake tribune. [volume], February 28, 1909, Page 12, Image 12
About The Salt Lake tribune. [volume] (Salt Lake City, Utah) 1890-current