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THE SALT LAKE TRIBUNE, SATURDAY MORNING, OCTOBER 4, 1913.
IDEAL CHANGE IS- GDIW9T0 WASTE JLJtah Mining NeeHs One Man With Nerve an3 Capital for Investment. RESULT WILL BE SURE H 013 Industries of the State Neetl Prosperity in the Mining Camps. h To a person with tho welfare of the Hj Utah mining Industry at heart, who ap- H predates the magnificent opportunities -within tho state to ho had for little more than tho asking, the neglect of this itn- H portant line of endeavor on tho part of those amply able financially to lend a Hl hand is something that, cannot be fathomed. Tho established mines of Utah are doing fine work and lliey are piling up Hl unprecedented profits for stockholders, but there is little new development being H done In proportion to tho needs, and when tho established producers begin to wane as they must do in time thcro will not Hj bo enough new producers to take their State's Principal Need. A Salt Lake business man, whose af fairs call upon him visiting all the main mining camps of the state at least once a month, called attention to tho sltua tlon on Friday in the following terms: There have been some enormous mines opened up in Utah, and some enormous fortunes have been accumu la ted from tho mining game, yet there are opportunities open today that have never been equaled In the hls j lory of the state. A man with good I judgment, the necessary capital and nerve can acquire mining Interests to day for a verv small part of what they are worth intrinsically, to not even consider their speculative value, and within five years ho would bo tho richest and most influential man in the whole stale. I consider this the Hj ono chance In a life time to make history, but so far Utah lacks the right man. Unless some such man comes to tho front pretty soon, Utah will allow her most important industry to dwindle down to the raw quick, and Utah will find herself very much in the same position as did Colorado, and all you need do is to ask any recent visitor to Denver to ascertain what the deterioration of mining within a state means to that state's principal Course of Nature. If tho men of means In Utah, and the bankers of course arc included, intend to neglect this matter lndef Inltely, if they intend to let nature take its course, the only hope I can see is a slow improvement through the leasing system. A few success ful leases operated here and there on properties which the owners refuse to j do anything with will call attention to such localities, and new work may thereby be Inspired on the part of owning companies or individual own eis. But this will tako time, and i meanwhile there is not an industry' in the entire state but which will suffer. I CASH BOY COMPANY TO SECURE MACHINERY Eddie H. Mead, manager of the Cash Bov, got back from Salt Lake this morn ing with the first official news of the merger of properties on the east side of the Tonopah district. The first step will be to Install an ad ditional steam boiler, pending the time when the new 75-hor?epower electric hoist can. be placed at the shaft, which is now down to 2200 feet. There will not be any Interruption to operations during this time, and every effort will be directed to getting down to the 1S00 foot level, where it Is expected to pick up the Merger vein system. In course of a couple of days work will be re sumed wth three shifts. The consolidation has been consum mated with the exception of a few de tails that will bo attended to on the return of John G. IClrchcn. The name of the new company Is the Tonopah Cashboy Consolidated Mining company, and the ofllcers are: A. S. Ross, presi dent: M. M. Johnson, vice president; E. II. Mead, secretary. Directors, John G. Ivlrchen, H. S. Knight and B. H. Mead. It is expected that any round of shots between the 1200 and 1100 will put the Cashboy where It belongs. The consoli dation eliminates all apex queslions and litigation. Tonopah Bonanza. I LAKE COMPANIES NOT TO THIRD CAPACITY According to reports from the Lake Su perior copper district all but about three of the larger producers are operating, tho nine companies now In commission producing about 7000 tons of ore com bined a day. as compared with a normal production of about 26.400 tons. The production at several of the properties comparec with tho normal as follows: Now Normal (Tons) Calumet & Hccla 3600 0,000 Qulncy 600 3,500 Victoria , 600 500 Champion 500 3,000 Superior ?,50 600 Baltic 200 2.800 Trlmountain 300 2,200 Osceola P,00 3,000 Isle Royale 250 1.S00 Totals 6S00 26,400 The mine operators are still deter mined not to recognize the union, -while the strikera are encouraged to hold on through the large contributions being made to them from other mining sec tions of the country. DRAGON IS MINING SOME FIRST-RATE ORE According to Tlntic advices, some of the nicest ore being shipped from tho district at the present time is coming from tho Dragon Consolidated property. Those knowing tho situation assert that the Dragon management could not de sire a more Ideal prospect on which to work diligently than tho showing in the east oro shoot of the Iron Blossom. Ore and Bullion. The ore and bullion report for Fri day, given by McCornlck & Co., was as follows: Ore received, 203,000: bullion shipped, $50,000; total, $203,000. Eczema and Itching Cured, The soothing, healing medication in Dr. Hobson's Eczema Ointment pone trates every tiny pore of tho skin, pJH dears it of all impurities stops itching instantly. Dr. Hobson's Eczema Oint ment is guaranteed to speedily heal oczo ma, rashes, ringworm, totter and other unsightly eruptions. Eczoina Ointment is a doctor's prescription, not an r-xperr- JfH mont. All drnggistB or by mail. 50c. Pfoiffer Chemical Co., Philadelphia and St. Iionis. (AiTDDjaeie) EKE LEFT OFF OF STEM BOARD But He May Be One Member of Controlling Syndicate to Be Organized. Special to The Tribune. WALLACE. Ida., Oct. 3. A closed-door session of tho stockholders of the Stewart Mining company was held Monday at tho Stowart office In Deadwood, near Kellogg. Following tho session. It was announced that the directors elected aro Inclined to be in favor of the formation of a syndi cate to take over the control of the prop erty. Secrecy as to tho personnel of the syndicate Is maintained, 'but it Is said that F. Augustus l-Ielnze will bo a party to tho syndicate Tho directors elected aro as follows: F. S. Crosloy, president; William A. Gal lagher, A. D. Ormsbec and. Nash Hock wood, all of New York, and William Beaudry of Kellogg. Tho llrst four are new directors, Beaudry being the only man re-olectod. The count of tho proxies showed l.OGG.OOO shares, of the 1.237,000, represented. Tho directors organized fol lowing the meeting of tho stockholders, with Crosley as president and Campbell Carrington of New York aB treasurer and assistant secretary. M". W. Bacon was retained as general manager of the prop erty. Tho other offices woro not filled, as the meeting was adjourned to meet In Now York City on October 7, at which time at least two of tho directors will re sign, according to Mr. Crosley, they being elected at this time merely to represent New York men who will succeed thorn and who will fill tho offices to bo ap portioned. "Tho entrance of tho syndicate into the Stewart affairs will have no effect on tho operation of tho property, nor will It ef fect, tho western end of tho company," said M'. W. Bacon. "It Is not deemed ad visable at this time to give out tho names of the men In the syndicate, but the announcement may como from Now York later." Mr. Bacon said that it was oxpected that tho policy of quarterly dividends would bo maintained, one to be paid Octo ber 3. In the statement Issued by the di rectors following tho meeting, It was said that the syndicate which proposes to take over the management of tho Stowart now holds a working majority of all tho stock. Mr. Crosloy, the new presldont, Is a New York attorney. Mr. Gallagher Is a promi nent Insurance man of Now York, nnd TMr. Rockwood is an attorney. Mr. Orms beo is a bank employee and does not ex pect to remain on tho directorate. LOW PRICED ISSUES ARE MAIN TRADERS The sales on the local mining sharo market on Friday reached tho total of 1S.C63 shares, the market value of which was $844.50. Tho higher-priced stocks were not In demand at all, although price levels wero not changed. The soles in tho unlisted division were confined to Alta Consolidated, this stock selling down from 95 to S cents a share. Tho following wero the closing trans actions: UNLISTED STOCKS. Bid. Askod. Alta Consolidated $ ? .09 Thompson-Qulncy 20 .24 Columbus Extension .015 Itlco Wellington 07 p12 Rico Argentine 09 B. Cent.-Standard 055 .09 LISTED STOCKS. A. M. H P. M. Bid. lAsked.ll Bid. Asked. Beck T .. .05 ? ,0G ? .05 $ .06 B. Amal . .033 -0G .032 .05 Blk Jack . .10 .11 .10 .11 Carlsa 11 11 Cedar T .. .003 .01 .002 .02 Century 10 10 Colo MIn .. .111 .13 .11 .13 Col Con 10 C Mercur 04 Cr Point 002 .011 Dalv 1.00 1.20 1.00 1.20 Daly J G.50 6.50 E Prince 001 E Cr Point 001 001 E Tin Con 001 001 E Tin Dev .01 01 Emerald 001 .07 G Tbomas 07 07 G Chain ... .25 .29 .24 .30 Gr Cent ... .50 .55 .49 .55 Ind Queen 002 002 Iron Bios . 1.221 1.271 1.251 1.274 Iron King.. 06 J Bowers 10 10 Keystone .. .04 .10 .04 .10 King Wm.. -05 .05 .05 .051 Lead King 03 03 Lehl Tin 01 .011 Lion Hill 03 .01 .03 Lit Bell 35 35 Low Mam . .00? .002 .O0J .00 Musgrove 10 .10 Mammoth 1.00 1.00 Mason Val.. 2.00 4.50 4.50 Mav Day . .06 .062 .06 .07 Mln Flat .02 02 Mt Lake .01 .03 .01 .03 Moscow ... .20 20 Nov Hills.. .75 1.00 .80 .95 New York. .021 .10 .021 .10 Ohio Cop .4G .53 .46 .50 Opohongo . .021 .03 .021 .022 Piocho D .. .001 .002 -001 .002 Ploche M - .001 .01 .001 .01 P Tdaho So So Plutus . .. .051 .06 .051 .06 Prince C .. .31 .35 .31 .35 P.exall . .. .001 .002 .001 --00$ Sev Tr Coa .04 .10 .03 .15 Sev Tr ... .015 .012 .01$ .012 SllvKCoal. 3.50 3.70 3.45 3.G5 Sllv K Con. 1.70 1.75 1.65 1.75 Sioux C ... .01 .03 '.01 .03 So Iron Bl. ....... -001 001 Swan Con.- .002 .01$ 011 Tin Cent .1 01 .002 .01 TJ TlnUc.l .00 .002 .001 .002 Uncle Sam.l .031 .05 .02 .06 Utah Con . .001 001 .01 Un Chief . .02 .021 .012 .02$ Victor C 04 Victoria C . .32 .45 .35 .40 Wilbert ... .09 10 .11 Yankeo C 091 091 Addle -. 10 1 10 INDUSTRIALS. 1 Bid. lAsked.H Bid. Asked.' C W & M. ?90.00 590.75 $90.00 $00.75 Mt St Tel. 97.00 102.00 97.00 102.00 Ut-Id Sug . 7.65 7.721 7.65 7,721 Z C M I... 890.00 405.00 402.00 Am Fuel . 12.50 20.00 12.00 20.00 Cas Val C. 2.75 3.50 2.75 3.50 IC ft Coke 1.05 1.05 2.00 Spg Val C 1-00 1.25 1.00 1.25 B Home B 1.20 1.30 1.20 1.30 Un Homo B 1.075 1.15 1.071 1.15 Bon Life 215.00 230.00 Cont Llfo .. 120.00 120.00 Guar Cas 15,00 15. So Int Mt Life 15.65 15.90 FORENOON SALES. Cedar Talisman, 890 at lc. Plutus, 4000 at 5o; 500 at 52c. United Tlntic. 4000 at Be Shares sold, 9390. Selling value, $272.65. OPEN BOARD. Pioche Demijohn, 1000 at c. Iron Blossom, 23 at $1.20. Shares sold, 4023. Selling value, $220.10. AFTERNOON SALES. Grand Central. 100 at 50c. Lehl Tlntic, 3000 at l$c. South Iron Blossom, 1000 at $c Shares sold, 4100. Selling value, 590. OPEN BOARD. May Day, COO at G2c. Sliver King Coalition, 50 -at $3.50. Shares sold. 1150. Selling value. $261.75. 9 Ore Shipments. j Tho, Utah Oro Sampling company on Friday released six cars of ore from I UtafrjjlTlrt nnft.frnm Cnlornfln. -rarnilP NOTED OLD I mm LIVELY UtaK Money Responsible to Great Extent for Boom in Old District. Roy Spraguo, a business man of Au rora, while In Carson a few days ago, gave an interesting account of tho oper ations of the Aurora Consolidated com pany and tho big plans this organization has under way. The Aurora Consoli dated is partly a Utah proposition, for It Is to a considerable extent Utah money that has mado posslblo tho big Job of mill installation now under -way. Mr. Spraguo said In part, according to tho Carson News: ' The biggest work boing done In tho camp at this tlmo Is that of tho Au rora Consolidated Minos company, which has about a hundred mon upon Its payroll and Is working In sev eral mines besides constructing a big sixty-stamp mill with a capacity of 600 tons dally. Tho concreto work has boon finished and the work of erection will bo rushed to an end. It being hoped that the crushing of oro can bo started within tho next six months. Tho bringing In of tho machinery and supplies is a big job and is boing done by big freight teams and motor trucks which keop the dust rising upon tho roads at all times. There was a contract let some months ago for tho delivery of twelve tons of freight per day to tho mining company and the contractors have been kept on tho Jump to llvo up to tho terms of tho contract. This company owns a largo aore ago In the camp and has In Its title some of tho old historic prop erties of which 'Mark Twain wrote when Novada was now. The most fa mous of these is without doubt the Humboldt mine, a mine of massive ledges and good gold values. Thoro Is a ledgo on this property on the 200-foot level which Is at least sixty feet wldo and Is all good milling ore. This will bo quarried out and shipped to tho mill through tho main tunnel which is now being driven as a later al from the Prospector's Drain tun nel, which Is now in about 170O feet. Tho lateral will havo to bo run about another hundred foet to tap this ledgo at a depth of 400 foot. It is a big double-track tunnel and Is being driven ahead just as rapidly as threo shifts of men and machine drills can do the work. It Is understood that the company plans to continue this tunnel along tho way about 5000 feet, where It will enter the Durand proporty, also owned .by them and which in the early days contained large ledges of pure white quartz which was liber ally sprinkled with the yellow grains and made the mlno famous in Us day. Improved machinery and mod ern methods of mining will mako all tho ore pay ore, which was not pos- 1 slble in tho days of long ago when the English companies were spending their money in the district and ex penses woro eating up tho profits. MARKET NOW FEARS NEW TARIFF EFFECTS James A. Pollock & Co., investment brokers, 1G9 South Main street, furnish tho following, received over their private wire yesterday afternoon: Logan & Bryan, New York Yester day's strength was not maintained and tho list today displayed reactionary ten dencies. Some scattered short covering in tho last hour was reflected by a mod erate recovery from tho low levels, but taken as a wholo tho list possessed an unsteady appearance It Is confidently predicted that tho tariff bill will be signed by the president tonight, and ap parently a good portion of recent selling of tho steel Issues has been predicated on the Idea that more or less unsettle mont will provall In commercial and In dustrial circles In the near future, par ticularly In so far as steel and Iron lines are concerned, owing primarily to the fact that tho steel trade in Germany and other sections of the continent has be come such as will make it probable that foreigners will shortly attempt to avail themselves of tho new state of affairs In this country, brought about by tariff revision, and thus aggravate the reaction ary tendency now being exhibited In trade lines. Of course, such fears may be Ill-founded, but nevertheless there is much uneasiness in evidence, which, taken in connection with the fact that the present level of security prices does not seem to appeal to the public, and has not stimulated tho outside demand, make us believe that before the list enters Into new ground on tho upside that the ten dency will be towards a somewhat lower range of values. Paine, Webber & Co., Boston Tho whole market seems to have fallen back Into dullness again. Tho general level of prices has advanced 5 to 10 points from the low In June, but confidence is still lacking and the majority of specu lators aro Inclined to wait until the op oration of the new tariff bill shows what effect it will have on general business. Looking at the market as a whole, we feel that all tho adverse factors have been more than discounted and that from now on we will see a radical Improve ment In finances and In general business, and in antl-corporatlon legislation. Gallagher, New York Trade on the curb market was generally featureless, with tho exception of United Cigars and British-American, which, on heavy, liqui dating sales, led tho Industrial list in activity and weakness. The tone of the mining group was steady with an upward tendency, Consolidated Copper Mines and Stewart continuing their advance of yes terday. Oplnon prevails among trades that both will sell higher. New York Mining Stocks. James A Pollock & Co., Investment brokers, 160 South Main street, furnish the following, received over their private wire yesterday afternoon: NEW YORK LISTED STOCKS. I Sales.l H. L. iClso Chlno 2,200 42ft 411 411 Inspiration 600 16i 16 16J Miami Copper 300 23ft 23 23 Novada Con - 100 ICfl 16B 16g Pay Con 1,300 19$ 19 19 Tenn Copper 700 321 32 32 Utah Copper 2.S00 64$ 535 53J Studebaker, com 23 22 23 Ontario Silver ...... 100 3J 3ft 3ft Alaska Gold 6,100 24ft 233 232 NEW YORK CURB RANGE. I Sales. 1 H. L. Clse First Nat'l Copper..! 31 3jj 3ft Glroux Con. .-. 11 lj 14 Yukon Gold 2H 2J 2ft Ohio Coppor 60c 45c 50c Now Keystone 12 13 13 8outh Utah 5 ft Mason Valloy 300 41 41 41 Bradon Copper 300 7g 71 7 Ely Con 1,000 6c 6c 6c La Rose 1,000 22 22 22 Novada Hills ....... 200 89c 89c S9c Kerr Lake 100 4 1 4 Belmont 71 7 7 Tonopah 5 4J u Goldfleld Con 310 11 11 14 Con Cop Mines 300 21 22 2j( NEW YORK CURB CLOSE, I Bid. lAsked. Ely Consolidated .06 .08 First National Coppor ... 3.121 3.50 Glroux Con 1.121 1.50 Yukon Gold 2.121 2.37J Now Keystone ............ 1.375 1.75 Nlplssing S.50 8.62 La Roso 2.06 2.20 South Utah 121 .25 British Col. Copper 2.50 2.75 Bay ytate Gas 30 .15 Braden 7.50 7.021 Mason Valley 4.25 4.75 Ontario 3.00 Nevada Hills 83 .91 SPELTER SHOULD BE HIGHERJN PIE Domestic and! Foreign Posi tion of Metal Seems Sound to Authorities. Utah producers of zlno ores aro at a loss to account for tho weakness that has resulted In tho market prico of spelter, for conditions aa stated by numerous au thorities would appear to Justify sus tained markot rangos. The Engineering and Mining Journal of September 27 stated that buyers of spelter aro not well covered, but that they aro holding back and tho little business that presents It self from tho consumers 1b eagerly com peted for. Tho London aa well as the Now York and St. Lou la markets, as a consequence, show a weakness. The Iron and Coal Trado Rovlow of London gives a brief but Interesting statement in a vory recent lssuo in re gard to tho foreign position of spelter, which follows: Consumers have been somewhat eager to avail themselves of the pres ent comparatively low prices to fill their requirements, an opportunity which, according to tho vlows ex pressed by prominent dealers, may seldom again occur, considering that producers havo but a poor margin of profit on tho basis of tho prices now realized. Tho price of spelter is cer tainly too low compared with that ruling for lead, which In Itself Is an additional argument that It Is only a question of time when an adjustment of prices will ensue, lnnsmuclv as the abnormally high value of lead had for certain purposes thrown moro do- -mand upon spelter. The stocks of spelter nursed by the syndicate were very heavy toward tho end of Juno, but tho general con sumption has since considerably In creased, especially for galvanizing purposes. Tho demand for zinc sheets, too, has assumed greater elas ticity, and the prices for this com modity have been lately advanced. There Is thus no doubt that stocks In tho hands of tho syndicate have been already substantially reduced, and this process looks Hko going on steadily. Judging from tho fact that dealers arc now anxious to lay In stocks. When the tlmo arrives for the syndicate to make a fresh move it Is generally expected that, with a temporary curtailment of Its output, consumers will have to pay a higher price for their metal. The German Zlno Works syndicate, on Monday, decided to leave prices unchanged. Tho prospects of the renewal of the International syndicate are favorable. Boston Mining Stocks. James A. Pollock & Co., Investment brokers, 169 South Main street, furnish tho following, received over their private wire yesterday afternoon: BOSTON COPPER RANGE. I Sales.l H. 1 L. IClso AJgomah 1R U 18 Butte & Superior .. 1,985 36J 341 35$ Calumet &. Arizona.. 145 671 07 67 Chief Con U 13 13 Copper Rango 110 401 401 401 Daly West 21 2' 2 Davis Daly 485 lfi 11 10 East Butte 32 121 12jJ 121 Granby Con 132 74$ 73$ 731 Greeno-Can 25 311 311 311 Hancock ; 18 17 18 Indiana Copper 4ft 33 4ft Inspiration 1G$ 161 Lake Coppor 10S Oft Oft Oft La Rose 2$ 2J 2ft Mason Valley 05 41 41 41 Nevada Con 163 161 161 Nlplssing '. 8B Si SI North Butto 50 271 271 271 North Lake ., 2 11 2 Ray Con 10 19fl 19g 198 Superior & Boston.. 50 3 3 3 Trinity 20 41 41 4 1 U S Smelter, com... 155 401 40$ 401 Preferred 473 471 471 Utah Con 9 83 9 Pond Creek 190 218 21 21$ Michigan-Utah 20c 20c 20c First National 3$ 3ft 35 American Zinc 191 19 19 BOSTON CURB CLOSE. I Bid. lAsked. Alaska $23,621 $23. 75 American Zinc 19.00 19.50 Arcadian 1.75 2.121 Begolo 1.00 1.25 Boston Ely 56 .60 Bohemia 1.50 1.75 Butto Central 02 .04 Butte & Bala 2.S71 3.00 Butte & London 31 .33 Calaveras 1.25 1.30 Eagle & Blue Bell 97 .99 First National Copper 3.121 3.20 Greene 30.00 31.00 Hoton Copper 3.62J 3.75 Kerr Lake 4.00 4.06$ Keweenaw 1.371 1.871 Mass 2.00 2.25 Majestic 31 .33 Mayflower 7,50 S.25 Miami 22.75 23.00 Michigan 1.121 1.50 Nevada Douglas 2.121 2.371 Ohio Copper .45 .51 OJibway 75 .90 Old Colony 4.S71 5.00 Oneco .80 .90 Pond Creek 21.00 21.50 Shannon 6.75 6.871 South Iiake 3.00 3.75 S. W. Miami 2.50 Stewart 1.871 1.95 Tuolumne 55 .65 Utah Apex 2.25 2.45 Victoria 150 1.75 Winona 1.371 1.50 Wyandot 60" .70 Nevadas in San Francisco. James A. Pollock & Co., Investment brokers, 169 South Main street, furnish the following, received over their private wire yesterday afternoon: I Bid. lAsked. Goldfleld district Atlanta $ .14 $ .15 Booth 02 Blue Bull 05 C. O. D 03 Combination Fraction .... .04 Daisy 03 Diamond field B. B 03 Goldfleld Consolidated .... 1.421 Kewanas 03 Jumbo Extension 12 .13 Lone Star 01 .02 Merger Mines .14 .15 Oro OS .09 Silver Pick Consolidated .05 Yellow Tiger 03 Manhattan district Big Four . .20 Dexter Union 02 Gold Wedge 07 Manhattan Consolidated .03 .04 Manhattan Dexter 03 White Caps 09 .10 Comstock district Consolidated Virginia 14 .15 Confidence 40 Hale and Norcross 06 Mexican 1.25 Ophir 22 .23 Savage 12 .13 Sierra Nevada 11 .12 Union 09 .11 Tonopah district Belmont 7.00 Boston 03 Cash Boy 07 ,0S Gypsy Queen 04 Jim Butler .66 Halifax 1.55 Tonopah Merger 68 .70 Midway 42 .43 Mon. Pittsburg Extension. .07 .08 Mizpah Extension 39 MacNamara 11 North Star 37 .39 Rescue Eula 11 .12 1 Tonopah Extension 1.95 , West End 1.52J 1.70 I Other districts rittsburg Silver Peak 45 Novada Hills 89 .90 Round Mountain 40 Our Store Makes a Hit p With the Boys 11 Their mothers, too. For we've the Largest and moslfE complete assortment of dependable things for boys tSjS? wear for hundreds of miles around. and every article of wearing apparel is right up to the minute in style durabllfEM made of serviceable materials; highest in quality, lowest in price. Suits and Overcoats, $2.50 and up. ladS "Sampeck" Clothes, the standard of America, $6 to $15. Light Weight Reefers, $2.50 to $10. ffl Hats, $1 to $1.50. piU School Caps of extra quality, 50c and 75c. Sit Iff "Victor" Shoes, the best the money can buy. '9 1 Sizes 9 to 13, $1.75; 1 to 6, the pair $2. n IU Serviceable Hose, comfortable Underwear, Shirts and Waists, Neckwear Sweaters, Mackinaws, Raincoats, etc. Bring the boys in Saturday and outfit them in new things for Fall and Winter we! Utah's Greatest Clothing Slore. Gardner & Adams Co. J 2 Kearns Building. $r onto EAST BUTTE PLANS TO RAISE OUTPUT Another factor which may serve dur ing the winter to reduco the production of copper in Butte Is the reported deter mination of the East Butte company to increase Its smelting capacity. To do so may require the company closing down Its smelting plant for several weeks, but the probable time of such ac tion Is not yot known. It Is the Intention of the company to raise Its monthly production from Its present point of 1,250,000 pounds to 2,000,000 pounds, and material for the new furnaces has been on the ground for some time. The company, however, has been slow to close the plant In view of the good price it has received for Its cop per metal. It Is said on good authority that the Indebtedness of the company has been much reduced since tho first of the year, having been brought down to ?C88,000 from S1.0SS.000. BUTTE & SUPERIOR AS SEEN BY HAYDEN The folllwng wiro from Butte to the Boston News Bureau by Charles Hayden was received yest yesterday by way of the Pollock wires: "A most wonderful Improvement has been made In tho Butte & Superior In the past six months. D. C. Jackllng and others have worked out an entirely different flotation process. The output has Increased from 11,000 tons a month In 1912 to 30,000 tons now, while the recoveries have improved from 45 per cent to 90 and 91 per cent. The mill Is bringing wonderful results. EXPORTS OF COPPER SHOW BIG INCREASE Tho copper exports for the week end ing October 2, as reported by way of the Pollock wires on Friday, totaled 10,171 tons, an Increase of 4512 tons over the same week of 1012. Since January 1, 1913, to October 2, inclusive, the exports measured 293,911 tons, as compared with 256,709 tons for the same period of 1912, an Increase of 37,235 tons. Mining Notes, ! JThe Phelps-Dodge copper output In September was 13.5fil,742 pounds. TV. Lester Manguni of Provo was a Salt Lake visitor on Friday. General Manager Al Frank of the Ohio Copper company has returned from a business trip east. Superintendent A. O- Jacobson of the Alta Consolidated company has returned to the property up Little Cottonwood. Secretary Val S. Snow accompanied him for a day or two. Local Securities Following is the weekly financial let ter of John C. Cutler, Jr.. &: Co.: There Is a steady Improvement in the demand for fall and winter merchan dise throughout tho United States and trade In all kinds of commodities Is In creasing. Conservatism Is still evident, though, in many lines of business. The firmer tendency for funds abroad: the close approach of the new tariff bill be coming a law; the Increase of over $42,000,000 in the total amount of failures for tho first nine months of this year: the low prices of some of the government bonds, and the decrease in earnings of some of the railroads, exert, almost with out exception, a decidedly unfavorable sentiment In the business world. In Utah business conditions are as good, if not better, than in most sec tions of the country. During the week trade In Salt Lake City has been brisk on account of tho thousands of people who have come to see the annual state fair and attend the semi-annual con ference of the Church of Jesus Christ of Latter-day Saints. Local merchnnts report a satisfactory volume of business, while jobbers state that early fall con ditions appear to Indicate improvement, and there Is moro confidence evidenced In the business circles of this state and of Idaho on account of the splendid har vests. With bountiful harvests In this great inter mountain region and fnir prices for farm products prevailing, fall and winter trade should show decided Improvement, As the crops arc marketed there is more money being put into cir culation and trade Is being stimulated in nearly all lines. The banks report an active demand for money and collections are getting better. Operations have now commenced at several of the sugar factories and It is expected that the production of sugar will be large. Prices of sugar aro now lower. Tho Implement and wagon companies report a very fair year of business, with expectations of Improved collections, Local securities have been rather quiet during the week. Dividends have now been paid by a number of the Institu tions. SECURITIES. Amalgamated Sugar Co., pfd $ 100.00 Beneficial Life Ins. Co 220.00 Barnes Banking Co.. Kaysville... 205.00 Bank of American Fork ISO. 00 Bank of Ileber City 20.00 Bank of Southern Utah. Cedar... 17.50 Con. Wagon &. Machine Co 90.50 Con. Life Ins. & Inv. Co 120.00 Continental National bank.. 170.00 Dcseret National bank 332.00 Deserot Savings bank 1,175.00 Davis County bank, Farmington:. 260.00 Farmers & Stockgrowers bank... 108.00 (First National bank, Layton IS0 First National bank, Morgan-... flJI"13 First National bank, Ogden. .... JBffi First National bank, Murray First National bank, Logan 9S i?01 First National bank, Brlgham.... Guardian Cy. & Guaranty Co... imP21 T Home Fire Insurance Co lavf Heber J. Grant & Co Kamas State bank sM McCornlck & Co., bankers 43 Merchants bank National Bank of the Republic. National City bank jjm1""' National Copper bank fBII"" Nephl National bank SBtBlrr Ogden Savings bank !.... Provo Com. & Savings bank.... Salt Lake Security & Trust Co.. ,3 State Bank of Brigham City... State Bank of Garfield, Panguitch -fail ... Siate Bank of Millard county, Fillmore State Bank of Richmond -smi.... Thatcher Bros. Banking Co., MY"" Logan i i Utah-Idaho Sugar Co.. pfd ; WZS"; Utah State National bank m& Utah Savings fc Trust Co M ,' Walker Bros. Bankers .M .. Zlon's Savings Bank & Tr. Co...Bi. BONDS. mITJ."' Con. Ry. t Power Co, (City) ...J-..-Sumpter Valley Railroad . . .... ... Utah Light & Ry. Co. (Clty)....,--. Utah Light & Power Co 3 Utah Light & Power Co , The Utah Sugar Co "MC." Utah Hotel Co Metal Market. Jm"'. The metal quotations for Friday 1; ed bv McCornlck & Co.. were m lows: Silver, Glgc; lead, $4.7p, Am- $10.30. ,"" accept no substixux;;;;; For Century printing You &jmZ'Z cenuino article at 55-57 PoBtofflcfW,, (AflTartUamtnt.) ..... James A.Pollock&p: Established 1S30. INVESTMENT BR0gB?r 169 South Main Street, :m .. Salt Lake City. M".'.'" Private wires to all jnarkats. j..,,;; Correspondents members New A . Stock Exchange. Boston StCK M.... change. Chicago Beard of Trad m- Tork Cotton Exchange. ,ph"a,5l:: Stock Exchange. New Orleans C.. Exchange. Denver Sk EXCJ . San Francisco Stock lcnanii ane Stock Exchange, Butta ; ESs carried on liberal tarj;;; Drs. Shores' Free Examination Offp Is Opening the Eyes of Sick Peop I Drs. Shores read disease like reading from an open book they kno w tho CAUSE lof Gkrouic trUarl!;;;; will lull you why you suffor and how you can bo cured ABSOLUTELY F REE OF CHARGE, ir Tuan H of paying for omnty promises if you arc tired of treating year aftor yea t with no rC8"1!'; .A avitX' pockotbook CoilE TO DRS. SHORES ANY DAY TIIIS WEEK and D ra. Shores wall examine a na j-jm- I PREE. After you havo boon examined free, and your case has been oxpl ainod to you 3 011 can . d IB.,.,,;; 1 if you wish and you won't owo Drs. Shores a penny, but if Drs. Shores c onvmco von they n" d I trouble, and can cure you, and you then want treatment Prices and te rms are low ana unuurm I tho reach of all. M 1 W. FOR MER ARB HOMER IWgX Insuring privacy and strict confidence. SHORT CUTS TO HEALTH B'.SWL is a rule with us. Oases that forme rlv took months and even 3 ears to Oc Iraalr cure. arG oiton cured in da3'S or "weeks. Gases that yield P l0 . w iWF itfjlhr ccrain point and then "hang on" we often cure in a few treatments, rr ' JJ? 1' W GrPTFTinTAT TTTFTQ- home treatment by mail. Lj WiS11 II 1?, OrCiJoftiljllJiO. WDiTr; If you live -out of town for XJ Wib , .,J Drs. Shores not only treat Catarrh, but tV-KIIH frce Bymptom list. -iSlL 'Jftor. I jffl iSPnF they treat NervoiiH Diseases. Kidney Js I S Tlr and Uver Diseases, Bladder Troubles, TrtTOVPi L HrtitA I "9 Heart Dlseaso. Dlseasos of the Stom- JLgUWAM -W. mSx-mSti-gSs v K ach and Bowels, Piles and Rectal DIs- a 3l fOC , vS&KSSs2lFa B Si A J eases, Fcmalo Complaints, Chronic S O.OSTGS Ot J&I&Ui t? PM.n' H S$akkJ4 Bronchial nnd T.uns Troubles. Sciatica. '"'" MSr Ws 1 IISSP Rheumatism, Hay Fever, Nouralglu, vi Main StreeU over the 1 ViiUlu n U SHk Hysteria, Ear Diseases, Goitre, Skin 2tC3' Store. Salt Lake City Dr. G. W. SWt I' Lr-L and Blood Disorders, and Nervous and , 7.8. Jto!! J Dr. A. J. Shore,. Cnlcteegyi that aro curable Qffice HourS---gsundniQgto 12. ' J-f