Newspaper Page Text
H THE SALT LAKH TRIBUNE, FRIDAY MORNING, JANUARY 3, 1913. jl
I SNOOT GOMIW
ISSUES II REPORT
Ely Company Explains Prop
erly Conditions Where
Good Ore Is Exposed.
TONNAGE ON DUMP
I Tunnel Is Following Copper
Ore Deposit First Found,
by Drill ins'.
A. report prepared by the Smokey Do-
elrpment inmpany. of Illy, will be rend
lf?i considerable Intercut by stockhold
i -i. and by tiie hareholdors of the Fed
IJly company whoac territory adjoins
tl.at of the S'lnokcy. and whose own dc
flepmnt likely will ho materially af
I id by the Smokcy results. The fol
jwlmr extract frome the report wltl In
i fitf conditions of intoreiit.
D'netopment of ore on your property
n e the tunnel was stinted hH been
ra ifvintr. You have about sixty acres
nit'ftjlifd porphyry. In which the
! r rjrpofitu of I'ly are found. Tho tun
ffl T-as been driven ouc-foventh of the
u taiv.v aeroHj thla area and shown com
r.'inl copper ore corresponding to those
i" tbo operating mlnea of the nclghbor-
od. There in evory reason to expect
t Ik orf will continue for the remaining
Some Smelting Ore.
Tin- drift east and wwt from tho tun-
it- 110 feet Ions nnd Mow excel -'
lit ui-c. omc of It dlroct-melting.
" Jii'. T'n ouMlltv of the oro dcnonlt
i voiir propertv bids fair to measure
' to tho standard of thy leading mines
rf tho district.
In addition to tho porphyry area, your
r'Opext.- f traversed for lf00 feet bv the
i ontael between the porphyr' add Hmo
"'opo, in which the nrodnclnr mines find
'o coppor ore. and the conditions on
iii property are regarded by expert
' .dnien Hb eo.ij.il to. If not boltop than,
'iM Intr of tho kind In i:iy. The con
'ji t. rn ht readily traced for :!00 feet
iini the expoMirea made show It from
(' -r, looklnc copper carbonates, which
dd-ato ricli fuiphldo smelting ores at
Seven drill hole were sunk, vurjlng
n d nth from 115 to GtIO feet, before tho
t'in'irl wan started. ICach or theso
tHdcd copper, and much of tho drilling
w through commercial ropner ground.
Wayj from thirty different places In
those drill holed Indicate commercial val
tios ranging from 1 per cent to 5.00 per
ent roppcr. The drilling showed that a
"Jiiti-r would be the quickest and cheap--.
n" to'opon the ore-bcarlng wound
Is t.'O porphyrv and tho contact. Ita
n-e-ral tn less than 600 foot from the X
ndH Northern railroad and baa an olc
ahnr. of thirty feet above the tracks.
. u 11 oroiout at xood depth the whole
porrd.m area of low-grade concentrating
jrc nnd encounter the contact vein of
i ;h-gindc tltreci-hlppiiig ore.
Good Dump Tonnage.
Tho tunnel has already readied, and
bexond. No. 5 drill hole. Tho hlgh
f t nines In the holo were at 210 to 2io
f'!. tho average throughout this thirty
1 1 joinr 'J.SS por cent copper. Tho
''."i. o' (nterijooted Hie bole ill a ddPth of
'7 'cot. wbero the vol iioh in the drilling
c-iied l.t! ncr cent coppor. nnd It had
r n dotdRtict: to sink to the richer ore,
': thlM 1:hh been put off until we aro In
r fhaps to handle the water.
T e dump contains 1100 tons of I.fi per
" t v'oppvr ore. with 00 cents per ton In
-. i'd n:,d silver.
I- DENTAL CO.I
212 MAIN STREET. 1
9 Honest Work I
I Honest Prices I
I r. ii.o-s "Ntr-tction of tcctli o: no paj'. i
m V AO.' wat.tiitci'J. I
f REMEMBER US. 1
j We Treat You Right
E fi'i! c lo i.bi S.JO n. py r. rn. I
SHORES & SHORES
Fil able Exp:rt Specialists. ' J
J MAIN STREET. rQ
I Salt Lake City. tKT
LOW RATES fMXr&i,
ConsultJtlci, H0B 0a BB n
examination and Ht WM L
ExDcrt Advice Wi f
a 1 oi XV'ritr m Hi
I Office Hours: tV-.&pSsfe &
STOCKS OF COPPER
Increase During; Past Two
Weeks of Thirteen Hun- '
dred Tons of Metal. r
' According to eastern reporta received
on Thursday morning, there was an in
crease of 13fi tons of coppor to tho for
eign vislblo supply botwecn Docember 15
and thu Hrat of tho year. Thla would
brln:: the total foreign stocks of copper
on January 1, 191S, to 91,"75,r.C0 pounds,
against 31..V.'G.-100 noupds on the last day
of -November. Whllo thla now year's
aurpluw Is, perhaps, approxlmato pend
ing the receipt of tho actual figures In
pounds. It will doubtlcaa be found very
near the mark.
Tho foreign urplus for the past three
years complete In pounds follows:
j ioil. j inn. j loio.
. I v j
Jan. V ..H24,SSO.0O0IlSt;.5l,0C0!24r.,3t;8,fi00
Jan. 31 lt.o0.5S0 lS-5,:;.VJ,y202S,"JOO.O:0
Feb. U .. 112.103,200. 1S.-..3S 1,000. 2:frS4,u00
Feb. 2D . lU,74?,700,lt.ol6,SSOl2Jit.i:;0"JOO
Mar. If. ..,111,l5-,..SUO1St,lOO,T20lC52.515.l,00
Mar. 31 ..;II2,7CC,0S0 IS:;,PP3,rJ0l2lO,iiO7,i?S0
April 15. .,111,100,210 l77.I2'".,7'j0'2lt;,S70,l00
April 30.. lll,Gl,12O'i:3,C.S7.3i;0!2lt!,SU3.fiS0
Mav IS . Jl03,:;SS,120 16C.72fi, I f,2t3f30S.S00
May 31 .. 00,972,120 I6246o3.120 SSO.'JGb.GOO
Juno 15 ..! P...C0.12O,l.,i(i,rl6,fsSO2nt5,O.'.l,20U
Juno 30 03,C30.120l.7,19i;,2SOj23:,gti3,GS0
July ..; 97.it;:',U'0.i.':;o.ftos,soo!2:r,fiso.soo
July 31 .. 101,16t,12o.l521::7tj.Q00 222.N0.SM
Aug. 15 ..!l03.rS9,520.1in,050;S0O21ii,623,GS0 :
AU". 31 . . 102,r)S7.n20ll-lt.002.SOO 21S,113.1 10
Sept. 13... 102.0S2.720 152,76o'.S00 2H.2S0.I00
SupL 30... 9D,10fi.720,150,SlI.G00 210.72.0IO
Oct. If. .. 1'7.59I,5W U 1,325, HO 20G. I'jO.S0O
Oct. 31 . ." 97.oS:.,G00il3S,SSt;.720 1.rtS,0t:5.2S0
Nov. 13 .. 92,77 l,M0 ir.::,r.2G, tOO 193,984.000
Nov. SO ..' 91,520.100 13M47.GS0 193.200,000
Doc. 15 ..; SS.r.(7.360 l27.OSS,GI0 190,400,000
JDec. 31 . ; 91.27S.3GO,12S.6SS0001S7.70P,2SO
'Fcbruao- 2S In 1911 and 1910.
NEW VEINS BEING
BROUGHT TO VIEW
Consulting Engineer Maurice M. John
son of the Plttsburg-ldaho and tho Gll
moro companies of tho Gllmore, Ida., dis
trict received word yeotorday that In
Plttsburg-ldaho tcrritory'a new vein had
been encountered, showing two feet of
nrst-claas ore. In order to properly un
derstand tho situation. tht. following ex-,
pla nation of conditions is neceshary: Tho
Pittsburg-Idaho property la Joined on
both sides, east and woel, by the Gil
more proper tic.", and from tho main
workings of tho Pittsburg-Idaho property
a tunnel Is being driven each way Into
each of the GUmore properties and from
each of the latter tunnels arc being Bent
ahsad to meet tho same.
It was while driving to tho west, on
what corresponds with the -100-foot level
of the Plttsburg-ldaho mine, that this
no.w vein was found, and aa It is the. sec
ond to bo encountered in this work the
discoveries! open new possibilities for tho
Plttsburg-ldaho company, while the face
of the we.st drift Is yet a considerable dis
tance from the line. Tho Plttsburg-Tdaho
company has opened Its main workings
In ore to the GOO-foot level, so the con
tinuity of the resources with depth has
been established. The company Is mak
ing regular ore shipments, having aver
aged eighty tons dally or better through
out tho month of December.
Tn the regular worklnga of tho GUmore
properly to the east of the Pittsburg
Idalio ground, the management is finding
a steady tonnage of first-class ;oId ore.
In the first vein thoroughly prospected.
This voln alontr the trend has averaged
four feet in width for sixty fcec so tar.
tho face sllll being In the same amount
nnd grade of ore. the gold value aver
aging ?13 per top. This oro carries an
average of -10 por cent excess Iron, and
on shipment not only !o free from any
smelting charges, but It commands a
bonus at the bauds of the Hmeltcrs.
In prosecuting tho drift to connect
with the tunnels nbovc mentioned, the
GUmore company during the past few
days haK encountered a new vein that
Is tive f-et in width, and -which pans
quite freely. This vein will bo given
attention as Foon ns tho management is
able to divert Us attention from the
main object, and this main object Is to
set the tunnels through and connected so
that operations' will be more economical
and satisfactory all round.
RAILROAD TO COAL
MINES IS STARTED
President W. G. Sharp of the United
States Smelting. Hofinlng & Mining- com
pnny said Thursday that the coal prop
erties acquired a year no In Utah arc
being developed fast, there being four
mines now producing out of the enormous
area owned by the organization. The
company is constructing a ninctv-mile
nulroad line, contractu for two portions
of which have been let and grading is
started. These contracts Involve the tlrst
twenty-seven miles of road, lcadlnc from
the mines, and the ten and one-half miles
In Ppaniah Fork canyon.
Since taking charge of the several
properties, the company has been do
ing u considerable amount of surfaco
Improving as well as development work
in tlo mines. There havc been ltl new
houses constructed for the employees, and
tiiueh neoded equipment has been in
stalled. The coal tonnage within these
properties has b.-en much increased dur
ing the jiast year.
T..e metal quotationa for Thursdav.
posted by M.cCorn!ck fc Company, were
as follow-,; Silver. 635c; lead. $4.35: cop
I Start Using Utah -Idaho Extra 1
I Pine Beet Sugar Today I
H It wilJ be only a matter punty. Jf voa Saould o ' 1
of a abort titno until you through their factories and 1
H will cot accept auv othor P. u$,w Utah-Idaho Eitra 1
H than Utah-Idaho Fttn rmo Beet Sugar is made, 1
i.. utanc1id3iI0 Itr? you would say: "With I
H V110 Doot, Sunr- tvory cvorylhin;: so modern, and I
day more housptvivcs arc eo spick and span, no won- I
LisUncr asido their prcji:- dor tfaov produce 'uch a i I
H asa'.ost beet su-ar. bth quality product." I
The reason 16 thoy ot au- I
i remp quality "for 1cm If you arc not alreadv I
iLue. ono of that great araiv of 1
.... . , . housewives who mo Utah- I
I ho beet ssigar aindo by Idaho Kactra Fine- Boot Sa- I
H tho Ltah-Tdaho bop3r Com- car STA.UT TODaV. Iio- 1
P11 ' ono of the foremost 'member tho name, and lot I
H ciamplcs ot what can. ho vour next order of succr ' I
aceompHshod in quality and be I
I rji?m ITJAHD
i PRICE OUTPUT IN
Two 'Hundred and Two Cars
of Iron Ore Were Sent
The degrco of usefulness to which the
Prince Consolidated company haB at
tained Is Illustrated by a mcecago for
warded from Plocho on Thursday to the
Salt Lake officos by Assistant Sccrotary
13. I- Smith, lie stated that during De
cember the company had shipped 202 rail
road cara of iron ore to tho market, which
Is an average of sis and one-half cara
dally, a rccor'd all the more satisfactory
when it Is recalled that Christmas with
Ita demoralizing holiday 'intervened to
handicap operations. If the cars referred
to carried an average of tlfty tons cneh.
this meant a dally average, of 375 tons
of ore. but the quantity contained In the
cans wnn not stated by Mr. Smith in hla
message. This tonnage did not include
any of the tailings at I'ulllonvIIlc.
Tho meneage added that the Prince
property in every way was In splendid
condition. There are upwards of 20.000
tons of iron ore -broken in the various
tstopes awaiting shipment while the As
sures and their oro aro opening In a
mom gratifying manner- A car of fis
sure, ore was forwarded to the local
smellers on Monday. Thl: ore carries
much higher values .then tho iron ores
of tho property which occur in such
enormous deposits in the bods, and tho
value of the entire product shows a very
satisfactory Increase In lead nnd silver
values over the estimated averages of
tho several engineers whoso examinations
and sompllngs of tho. mine preceded tho
deal whereby tho lno:c interests ac
quired control of tho organization-
In regard to the drilling operations
from the fourth level. Mr. Smith v-lred
that tho holo was down about 1G7 feet,
and that it Is within about rovcnty-tivu
feet of the first bed of the scries of beds
which will be tried out by UjIh system of
prospecting. The property is in even
better shape today for production than
during the past month, and January la
expected to be equally ns satisfactory, if
not better, In an calling way.
BY MANY STOCKS
Although the volume of business is not
above tho average on tho local exchange,
Thursday's nulos totaling 26,700 shares,
market value $5132, yet the strength dis
played by a number of issues 1h moat
encouraging, and it looks as If the ex
change is facing a very satisfactory
month and year. There was considerable
demand for the unlisted Ibsucs, leu by
The following wcro the closing trans
actions: UNLISTED STOCKS.
Bid. Asked. Sold For.
"Alta Con.. !$ ,5 t$ .57 5 .57
T-Qulney .. ! .30 ' .33 .30 &
Old Amcr.. .Oli: .02 ft 159
Bing Ct-St. .OS .10 ...rT
So ITecla.. 1 .15 ! AS (ff-
Now "Tor... 1 .15 I
Col Exten. .05 .OS I (w
1 Forenoon. 1 Afternoon.
i Did. lAakcd.;1 Did. ,'ABked.
Beck Tun -5 .08 :t .12 '!.? .OR .10?.
Bing Amal ' .05'.': .OS !! .05'' .OS"
BI Jack.. 1 .1H .13 I' .11 ' .13
Ccd-Tal... ' .011' .01-3'! .Oli .02
Colo Min.. .20 .22 I .19 .21
Col Con. .. .10 AO I .11 .22
Or Point. .OH .04 .035 .'Oi
Daly .. .. 1.30 1.62J 1.20 1.G2&
D-Judgc .. G.25 G.00
13 Prince. .02 02 .05
13 C Point 02 .00? .00!J
K Tin .Con 02 4
12 Tin Dcv j .02 02
Emerald . J .03? .10 .03 10
Gold Chain.! AO I Ah AQ- .
G Cent... I .65 .75 .74 .77
Ind Queen ' .02 1 02
Ir Bios... I 1.35 1.37?. 1.33 1.37a
J Bowers I .OOi 00i .'
K William .013 .03 ,015 .03
L King 005 -OS
Lchl Tin.. .00J .05 .00.'. .02
Lion Trill. .04 .05 .04" .05
Lit Bell.. 1 35
L Mam... ! .OtJ .05$ .Odif .05
Mammoth I 2,00 2.00
Mason Val 1 10.00 12.00
May Day .. .22;J .23 .22 .23?.
Min Flat. .00?! .011 .00 .015
Mt Lake. .03 j .OS .03 .05
Ncv Brit AO (0
Nov Mills. ! 1.30 I 1.50 1.30 1.50
New York I .OIJ .03 ! .00?. .03
Ohio Cop. I 1.121$ l.-jo 1.12 1.20
Opohongo. ' .07 i .07' .OfiJ .07
Plocho D. ' .OS ' .00 Jf .OS .00
Plocho M. ! .00;' .02 0
Pitts-Ida.. J .60 I 1.25 l "5
Plutus. .. I .07M .10 .07 .10
Prince Con I 1.475 1.50 l.7 1.52g
Tt & Ana.. .05 '.
Rcxal .... .01 .04 .014 .04
Seven Tr. .02 .02j .02 .02i-
S Tr Coall. : J 40
S K Coali. 3.00 I 3.15 I 3.00 3.10
Ml King C.1 .75 I .05 .75 1.00
Sioux Con. .04 .055
So Tr Bios 1 ,00 "."
Swan Con.. .002 .ooj ' h''
Tin Cent. .01 .01?. .01 '.011
United Tin I .002 .01 .00! 01
Uncle Sam,) .11 .14 ,iu 13
Utah Con. I .01J .012 .01 J 02
Union Chf.J .05? .07 I .OfiJ .OS
Victor Con I .03 '' 03 i 05
Victoria C .61 ' .t?5 I .61 I '(!5
tt-iJbcrt .. .09JI .11 .ojh U
Van Con. 1 .15 .13 .15 as
Ver Cop.. ' .07 I .10 f .07 .10
Moscow .. l ) .no .o
Blaoic Jack. 100 at 12 Jc,
Iron Blossom. 100 at 51.321-; 200 at
Opohongo. 1000 at 7c.
Prince Consolidated. 100 at ;i.50.
South Iron Blossom. 3000 at ie.
Union Chlof. 1000 at S?c.
Wilbert. 400 at 10c.
Shares sold, 6300. .
Selling value. 5750.
.May Day, 500 at 22Jc.
Prince ConKolldated. 1100 at $1.30.
Sliarcs sold, 5300.
Selling value, 52071.50.
Cedar-Talisman, 1000 at Ijc.
Grand Central, 100 at 74c.
Iron Blossom. 50 ut 31.37.
Opohongo. 1000 at 7c. " ii
Prince Consolidated. 000 at 31.50
Silver King Coalition, 60 at ?a.-
United Tintlc, 5000 at lc
Union Chief. 1500 at 6?c.
WiSbcrt, 20 at 10c.
Snaroa eold, 97f.O.
Selling value. 51S90. '.
Grand Central. 1J0 at 74c.
Iron Blossom. 50 at 51.35.
Prince Con.. 100 at 51.50.
South Iron Blossom, 2000 at lc- -x
dUnion Chief, 1500 at 7c, buyer ilxty
United Tin tic. 1000 at lc. " '
Shares sold. 4760.
Selling value. 5111.5C.
Hints for Houfekoopers
Keep "Foley's Honey aud Tar Com
pound always on hand, and you cao
quickly bead off a cold by ita prompt
use. Tt contains uo opiates, heals and
soothes tho inflamed air passage:, slops 1
tho eough, and mayavc a bis doctor ' j
bill. In tho -yellow package, Schraram
Johnfon. Drug?., "Tho Xcvcr Substi-'
utor;." nie "oo-I -ores 'Adver-.-'.r-j
UTAH TALENT HAS
- QUICKSILVER MEI
Deeds for Properties Thurs
day Passed to the Nevada
ADJOIN A PRODUCER
Campaign of Development Is;
Planned to Place Group
on Output List.
It is learned that on Thursday the
deeds for what i3 known as the Davis
quicksilver properties lu Nevada passed
to 11. J. Evans, and from him to the
Nevada Cinnabar company, organized a
few days ago by Utah capitalists for the
purpoEO of developing and operating these
and other quicksilver properties in the
Sagebrush state. The stock of the Ne
vada Cinnabar company Is held entirely
by the gciitlomeu composing tho direc
torate, nfiincly; F. A. Sweol, L. II. Cur
tis. L. L. Begg. Ti. J. Evans. F. J. Curtis.
C II. Rlddlo ami G. I. Payne. The com
pany Is capitalized for 51,000.000, in
shares of 51 par value each.
Several Groups Merged.
Tho deal by which the various proper
ties were acquired for this company was
rounded out by Mr. Evans, and an effort
was made jesterday to have him make
a statement in regard to tho organiza
tion and Its plans, but he stated that
nothing of especial Importance could be
released at this time. It Is known, how
ever, that In addition to the Davis group
the Nevada Cinnabar company has ac
quired also the Shochonc Quicksilver
company's possessions and a group con
trolled by Frank Davi. giving the com
pany a total area, of about 5u acres of
plendldy mineralized ground.
Whllo a considerable amount of devel
opment work has been accomplished on
these acres, tho officials evidently feel
that they snould round out the eMilora
tory campaign as outlined before taking
tho world loo Intimately into their confi
dence, it is of interest, however, lo note
the endeavor of Utah mining men am)
capitalists to open in Nevada what is 01m
of tho most attractive mining proposi
tions available, for mining for quicksilver
In one of the most remunerative branolioa
or wePtern mining, owing to the scarcity
of this mineral.
Earnings of Neighbor.
There is a property adjoining this
group which has been in the production
columns for some time, there being a 25
ton furnace in operation and the net pro
ceeds are slated to bo approximately
510,000 monthly. The conditions on the
Utah-owned group arc extremely promis
ing and doubtless tho Utah talent In con
trol v. Ill spare no effort to bring the
Nevada Cinnabar company into tho earli
est possible production list.
To the old-timers, the Joining of the
Evnns-Curtls-Swcet forces recalls the
fact that tiiese interests, through the
American Falls Canal t Power company,
placed Into being one of tho tlrst Carey
act enterprises In Idaho, and brought
Into irrigation a vast empire of some of
the finest land on earth, and one of the
present-day gardens and hives of in
dustry of the Gem state.
Boston Milling Stocks.
James A. Pollock fc Co., bankers and
brokers, furnish tho folowing. received
over their prlvato wire yesterday after
BOSTON COPPER RANGE.
! Sales. ' 'cL L. !Clse
Aigomah j 35 2i 2i! 21
Butto & Bulaklava.i 3i 3ii! 3'J
Butte & Superior .. 6,572 15 43S 413
Calumet & .Arizona.. 570 72J 71?- 72
Chief Con 100 IS III 1J
Copper Range 504 53 326; 523
Daly West 36 3M 35
Davis Daly 50 i;l M 11
ISast Butte 645. 15j) 15 1 15
Glroux Con 625' 3Si 35' 35
Granby Con 1,1-17 73tl 72','! 73
Greene Cananea .... 310" fij D 01
Hancock .... 235! 25 2(5 2lg
'Indiana Copper .... 240 17 17 ! 17
Inspiration Con 19! 10i 105
Lake Copper ill 5 2' 251 j 2G
La Rose .... 160 3 3 1 3
Mason Valley SO 104 lOi! 104
Nevada Con 75 IDS 195 195
Nipissing 235' 9 Sc Si
North Butte 1.930' 3111 33g! 34
North Lake ' 24! 24 25,
Ray Con 155' 21 E' 21 i 212
Superior & Boston .. 505f 131 15 1!
Trinity ' 41 ii!
U S Smelter com ... 1.215' 43i 1 43,
preferred 175! 49jt SI ISi
Utah Con 2S5! 1VA 1H Hi
Pond Creek I 5.0951 2S5 27S! 2Si
B. & Bluo Bell ....I 3501 lyl li' lj
BOSTON CURB CLOSE.
I Bid. lAeked.
Alaska I5M.50 ?14.75
Arcadian 30.25 30.50
Begolc 1.00 1.50
Bingham Mines 4.50 5.00
BoBton Ely 1.1 2i 1.25
Bohemia 3.00 3.23
Butte Central 7.00 7.375
Butto fc London .42 ) .43
Calaveras 3.00 I 3.37
Eagle Blue Bell 1.05V. 1.20
El Paso 5.875 C.P.'i
Greene 9.12; 9.50
Helvetia 75 I 1.00
Ifoton Copper 7.25 j S.50
Kerr Lake 2.62a 2.S75
Keweenaw 1.75 I 2. no
Massachusetts 5.00 I 5.50
Mayflower I 15.00 ' 15.50
Michigan 1.75 I 2.00
Miami 25.75 ' 2G.00
Michigan-Utah 90 ! .95
Nevada Douslaa 2.S7J! 3.00
OJlbwav 2.75 ' 3.00
Ohio Copper 1.121 1.20
Oncco 2.00 I 2.0G
Shannon 13.25 13.50
South Lake 5.50 I 6.50
South Utah 25 ' .30
Stewart tt.OO I 2.t2i
Tuolumne 3.25 t 3.50
Utah Apex ' 2.121' 2.25
Victoria ' 1.S71' V.OO
Winona ' 5.00
Wyandot ' 1.23 ' 1.50
STATE JOIN EFFORTS I
One of the ttrons;cst evidences of the
practical value of the work of the United 1
States geological survey In furnished by i
the fact that many of tho tate have
appropriated money with which to asfist
in it Investigation, under co-operative
agreement. The -people ..f the states nrc
desirous of securing tho reaultB of the
ecological survey's work at a faster rate
than they can bo furnished with the ap
propriation provided therefor by con
ixrcHs. ln.stcad of using the funds to carrv
j on Independent investigations of the same
kind, the states apparently reallre that
. it will be better for them to make wc rr
the equipment and qualified corps that
the geolocieal survey has accumulated
and established for ouch work. Iti ever."
state in which co-opftratlon has been
maintained the saving In expenditure and
the rosults accomplished have been fo
sreat that tho desirability and nractlca
blllty of the arrangement has been
proved beyond question.
Among tho states which have in lar
pt dogre- availed themselves of thenc
ro-operatlvc opportunities Is California
Under a general act the Mate ha mad
a continuing appropriation, nhich Pro
d"s J15 (HV) annual! for ropo;rrapv!!'"
n-appjrj- a-d ?:W0O nmvia!lv for thr lp.
I at!o o stream flow cn3 iindcr-
ground water resource.". Thla work Is
carried on In connection with tho regu
lar geological survey work under co-operative
agrcfituont between the survey
and tho state engineer.
REPORT IS ISSUED
BY THE UMATILLA
In notifying fthareholdcra tb,at assess
ment. No. .1. calling for 1 cent a chare,
ban been callod, which will bo delinquent
on January 20. the Umatilla Tanopah
company haa Inclosed a nnanclal state
ment and a reporL of property conditions.
This property adjoins tho Tonopah Mer
ger, and the shaft Ja now close to a
depth of S00 feet in search of the Merger
resources. Tho assessment Is for the
purpose of keeping thin work lu progrcib.
The following is tho financial state
ment of cash receipts and disbursement
Treasury slock 1,101.623 shares
cehangcd at 3c per share.. .533,015. W
Office expenso account 10. 00
Intorost. exchange and discount
Proporty pureha.se, patent pro
ceedings, Incorporation ex
pense, etc 5 7.31R.70
New plant and equipment C.0l-5.ii
Labor and salaries at mine.... 9.253.57
Plant rencwasl ..r..(;7
Tonopah ccneral expense 2,712.19
Tonopah oftico oxpense 112.00
.Mlno supplies consumed
San Francisco ofllco expense... 530. 0o j
Minn stores on hand
account 51,027.12 ,
Funds in S. F. and
October acct. 2,676.21 !
SHOULD SELL STOCKS
ON STRONG SPOTS
James A. Pollock .t company, bankers
and brokers, furnish the following, re
ceived over their prlvato wire yesterday
Paine. Webber Company. Boston.
Both markols showed strength today. Tho
rally In New York was more Iinnrcsslvc
on account or its greater breadth but
the local . stocks acted very well and
eertaln specialties wcro notabl strong.
North Butto showed an advance of one
point. Chlno a. point. Volume of transaction-
i still small, but confidence is
Increasing and a creeping bull market
can bi expected for some tine to come.
Logan & TJryan. New York. Sus
tained strength characterized 'he action
of .stock market today, tho samo being
induced by the higher range of prices
tor American lnsucf- lu Loudon und also
by the cheerful tenor of advices relative
to Turko-Ealkan situation. And. in ad
dition, the relatively moderate renewal
rate whleb was established "ii demand
loans at the year-end gave rise to expec
tation that at least for a period the
money strain would be relieved as there
aro some Indications of funds working!
from the interior to reserve centers, ow
ing to tho rapidity with which tho var
ious croivi havc in great part been
moved and financed.
All of the above wan reflected by a
change for the better in sentiment and
a was the ease during the last few ses
sions, the conper shares led the rising
tendency in the market in view of the
satisfactory price for th red metal aud
also In view of the fact, that these Is
sues are not likely to be adversely in
fluenced to as great extent as some other
industrial In- tariff revision.
There is this much, however, to be
borne In mind, the investigaton into the
so-called money trust, the currency com
mittee hearings, the. tariff revision hear
ing nnd the United States Shoe Machln
erv argument In the supreme court, are
all scheduled to be resumed or to take
place next Mondav and, in addition, tbei
supreme' court mav make known its
finding in the Minnesota rate ease, all
of which doubtless mav have n tendency
to produce some restraint next week. The
decision in the rale case mav do much
towards dictating the course of the mar
led and inasmuch as more or 'ess uncertainty-
will perhaps attend all of the
foregoing, it would seem that moderate
turns should not be lenorcd on any up
turns which may be witnessed during the
remainder of the week.
San Francisco Oil Stocks.
James A- Pollock & Co., bankers and
broker.? 333-335 South Main street rurnlsh
tho following, received over their private
wire yesterday afternoon.
I Bid. lAskedl
Ass'd Oil -12.00
Monte Cristo 75
Palmer I .19
S W & B IS
Turner I -S2
Nc-vt York Mining Stocks,
James A. Pollock & Co.. bankers and
brokers, furnish the following, received
over their private wire yesterday after
116011: NEW YORK LISTED STOCKS.
1 Sales.! II. I L. Clse
Chlno 15.200! 47S! -16 i 47?.
GoldJleld Con S00' 2j 2 2i
Nevada Con 2,1 00! 20 IDS! MS
Ray Con 2.6001 22 21 J 2t;
Tennessee Copper .. 900 39J SSi 39
Miami Copper ....... 7,100. 26 25'jl 26
Utah Copper 7,100 -COS 5951 G0i
Inspiration 2,000 10i IS! 10
Studebakcr Con 100' 35 35 35
Ontario Silver ! I 3 2?j 3
NEW TORIC CURB RANGE.
1 Sales. I H. L. 'Clsc
First National Cop ..J 161 lo' 15
Glroux Con 600 35 3? 3i
Rav Central ' 2? 23 2il
Yukon Gold ........ 1 3 3 3
Ohio Copper ,..! U 1i! 11
New Keystone 1 1? 15 IV
South Utah i 1
Mason Valluy S00' 10? 10 ! 10
Hraden Copper 2,500 10; 10iJ 101
La Rose 200 3 3
Nevada Hills 5001 la U 15
Mays Oil 5001 ISc lSd ISe
Kerr Lake 600 2? 2Z 25
Belmont 500 SL SJ. SI
Tonopah C 6 C
Alaska ! H.500 HX 11 I 141
U C Stores I 10.000 116 )U2 -112
preferred .. ' 117 1U 117
NEW YORK CURB CLOSE.
I Bid. lAslcod.
Ely Consolidated I .10 I .12
Flwt National Copper ....J 1.50 1.75
Glroux Consolidated 1 3.75 I -1.00
Yukon Gold I 3.00 I 3.25
New Keysonc I 1.75 I 2.00
NiplBsing S.ST' $.00
Ohio Copper 1.0611 1.20
Ray Centra 2.371
La Rose I 2.57 4 3.00
South Utah .12 J ,37n
British Columbia Copper..) -1.25 4.&Q
Bay State Gac ( .50 .75
Bradeti N 10.37: 10.50
Mason Valey J 10.50 11.00
Sioux Cons I .01 .9S
Colorado j .15 .20
Iron Elosiom I 1.15 1.30
Carina ( .05 .15
Nevada Hllie I 1.-15 1.53
The Utah Ore Sampling company on
Thursday released tx cars of oro from
Utah, and three cars from Nevada camps.
C. E. Looao nnd Walter Fltch were
among the Tintlc operators who came uo
from Euroka Thursday.
A dividend of 10 centH a hare hax
bcn declared bv tho Tuohimno com
pany, which will be paid on February 15.
to shareholders of record on January 31:
I Bic lino loosu leaf ledcers, all stvl?3.
Shield Stationery Co., .13 West Second
South St. (Advertisement.)
C A 3.T O R I A (
IALF0RD BBCS. Ofjji
"Clothes of the Better Sort"
Now at xk to V Less
than the right pricep
I The Extra Saving r
I on Suits, ver p
I coats and -Pants
I 150 Middle Main wj
FORTUNE WAITS FOR
LOST IDAHO MINERS
Special to The Tribune.
SPOILNE. Wash., .hui. 2. Four men
who dropped from sight in the Spokane
country several years ago are being
sought by directors', of the Tamarack it
Che.sapcalco Mining company.
The four men havo an aggregate of
7250 shares of stock In tho mine, which
they secured when tho property was but
a prospect whoso ntock went for from
3 to 5 cents a share. Today it is bring
ing 51.55 a ."-haic, making their holdings
Patrick Turk-y. If. L. Stodard nnd A.
L. Humphrey wore minors in the employ
of the company and took stock for their
wages on a basis of 5 cents a share. In
this way Turley secured -1250 shares, now
north J65S7.50, and Stodard and Humph
rey took 1000 shares apiece, making the
value of the holdings of each $1550.
F. JC. Homenway. tho fourth man.
bought 1000 uliares at 3 cents whllo em
ployed as a cab driver in Spokane. Ills
is now worth 5 1550.
Ncvadac in San Trauclsco.
James A. Pollock & Co., bankers and
brokers, furnish the following, received
over their private wire yesterday aftcr
noon: 1 Bid. lAakcd.
Jumbo .Extension .31 1
Clue Bull ..s 04 .......
Sliver Pick .06
Lone Star 05
Oro o . . . .
Atlanta I .IS ' .10
Red Top Extension 1 .oi
Dlainondfleld y. b. Con 1 05
Goldllcld Daisy 7 ' 03
i.;.uiuo I .(Jo ; . ,
Combination Fraction .... .us ui)
Coldficld Consolidated ....I 2.124'
P. O. D f .o.n 1
Merger Minca -....j .2S ....'..
Manhattan j 1
Manhattan Consolidated .. .OS .
Golden Wedge 00
Dexter I .03
Whl to Cap 07
Big Four "rn
Nevada 11111s 1,40 '
Round Mountain J7
Ophlr ID I .20
Mexican j, c; '
Consolidated Virginia So j ,i
Yellow Jacket 1$ '""
Confidence - Vp '""in'
Sierra Nevada 17 I "ir
Exchequer ...) "A?
Tonopah f ,
Montana Tonopah I j.jo '
Tonopah Extension .......I 2,,5 1
.MacNamara i k
Midway I .:n '"-'
Tonopah Belmont s.S5
Tonopah North Star j .13
West End Consolidated .. 1.22J
Rescue I .jo '"""i-j'
iJIm Butler j .5.3
Cash Boy ..1 , ' jA'
Halifax I 1.15 'lv
Tonopah Merger ' Si
Mizpah Extension j .50 I.'. . .
Oro and Bullion.
The ore and bullion report for Thurs
day, given by McCornlck A Company, was
as follows: Oro received. 575.000: bul
lion shipped. 542.000: total. 5117.000.
With the New Year we de
sire to introduce to you our
new manager, L. K. Reynolds,
who in the past has been sell
ing Pierce Arrow Automobiles.
As he made a success in that,
we think he will be able to go
fast enough to sell a few tons
"Wo aell coal for a reputation as
well as for a living."
Office 277 So. Main Street
Tel. Ex. 401
Tho biggest book bargains .i
market. To clean up and maJi
for new stock, wo offer for lvf
' the following list of cloth
books. As we only have a few''
of aorao titles, eomo early, sil
for tho long winter evenings.
Tho Call of the. Heart. .
Self Raised. !
Little Brother of the Rich.- f
Tier Lord and Master.
Prize to tho Hardy.
Pretty Madcap Dorothy, i i
Tho Loan of Love. j
Dark Marrlago Morn ,
Fortunes of Flfl. i
Mysterious Mr. Sabin.
Bob Covington. ; ;
Apple of Discord. ;
Romance of Enola.
A Wasted Love.
By Foreo of Circumstances, i
And manv others X
71 E. Third South
(Near State street.) ;
Whoa a chto ia guaranteed
curable pains and disease, reft
of name, urisinc from natural cat
A 2 bottlo of OIL OF EDBIf
plo 73 cents) relasea, upons poi
lays paiu, dissolvos aud roraoi
ulcerated tumor, oularcomont (
uland, goiter or oilier falso and!
Catherines of tho oilornal bvs
A $3 bottlo of SWEET SPIB
EDEN (saniplo $1) will purij
blood, resloro vitality to all
partn; refrulatoa liver. Kidneys, iA
and bowels. Cure chronic conati
disordered dif.cstiou, sick and ;
hendacho nnd nervous orostratU
your drucpiEt has not cot tht
Tcceipt ot prieo they will bo dft
to any address in tlio U. S. by
CALTFOBNTA. CO-OP MEDICA
330 South West Templo. Lock Bt
This company is canitnli
$2,500,000. dividotl into 50,000
at a par valuo of i'50 a share, w,
nil working capital, as tho ineo
creases L per cout increases th8:
of shares 100 per cont. All
aud take shares this month "i
warded by great benefits, as !
will Taiso to 2 or $3 in Ja
Travolinp salcaraan wautod. 0
STOCKS, BONDS, GRij
James A. Pollock fij
BANKERS AND BROKERS,
333-335 South Wain Street (Felt,
Salt Lako City. Jj
Direct Prlvato Wlro to all Mai
Duplex System Ono Relay to New
and Boston. J
Correspondents Mcmbcru All Excll
Stockn Carried on Liberal larj
Specialists In Mountain States Tell
and Telegraph. g
. . l
, OREGON SHORT LLNB TIME CARD. jj
EFFECTIVE DECEMBER 22. 1512.
Depart. Dally. Arrive.
Ogdn. Ma lad fPrestou and Lossji, go- jj
T'Oi A M 1n- Denver. Omaha. ICansus City. Chi- 095 A. IS
.UO l.m, .caff0( San Frunclaco, Ely and Inter-. J6
fl'fin A TVT Osdcn. Logan. FocntjlIo. Boise. Ahlon. ID'Ofl Pit
0. UU A.m.. intermcdUte (Monlpoller Oolng). '1U,UU iJJ
lOlOO A.M.. Oguen and lntermedlaU oolntf. . 6, '50 -P'W
11:40 A.M. .vorland v,?fii.0Kilfi: cn,Icaco'. 3:15 P
11 ,ciQ AM Los Angelen Limlto-J Omnla. Chlcaso. d '45 PJ
XX.Orj J..IX.. Denver. St. LouI.
1 '0 P M Overland Llmlledi-OKJen. Reno. Sacra- 9 05 P.Jw
1. VO JT.lfl.. men to. San Francisco. '
2:45 P.M.. Ogdcn. BoU. Portland. Butte. . 4:50 P'jjj
9'dR P M Ogden, San Fntnckco (Preston and 6:50 P.JB1
i.O X-.1U. . Logan. kIso returning). ' u IM
p; P TUT Offdcn. Brlgham. Cache Valley. MaJad 1130 A.BK
Z.XtJ JT.AU. . and Intormedlato. ,AA 3
PM Ocden. Denvnr. Omaha. Chlcaso- (Park 19'40 P.H
O.OV r .m. ,cfty Grean Rlvtsr am) -B8t only. r,..J-"iV'
6:00 P.M.. . Motw. oSd. . 8:00 A.
11:45 P.M.. Ocden. Boibi. Portland. Butle .10:30
City Ticket Offic?. Hot Uth. Telephone, Exchange 15.