The White Pine news. [volume], March 15, 1910, Page THREE, Image 3

About The White Pine news. [volume] (Ely, Nev.) 1906-1910

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MARKETS, MINING AND METALS
MINING LIST
WERESPOTTEO
Supreme court decisions yesterday
were likely responsible for the exhi
bition of chills and cold feet that the
stock market had out in public view.
The close looked some better and
perhaps the warming pan will help
further today. Meantime that glad
look is not particularly prominent In
the limelight. Boston Ely was one
of the local list that helped with the
gaiety of the several nations in the
camp. It was there with a fine per
formance on the strength of recent
improvement in the drift. Mason
Valley strengthened and closed high
er, presumably on the strength of
good news from the stockholders'
meeting. Giroux closed a little low
er, in common with a number of
others. Inspiration worked higher
during the day and closed strong.
Eastern advices inducated expecta
tion of better things today.
E. \V. Hl'LSE & CO. LETTER.
Boston Ely commanded the lion's
share of the trader's attention on the
local market yesterday, due to the
fact that It made several splendid
rises before they had settled down
to business. The stock reached its
highest mark of the day at $4.62*6,
exactly $1 advance from the open
ing. Encouraging reports from the
mine were responsible for the ad
vance. Most of the other local Issues
again looked “peaked” and maintain
ed a dormant attitude during a great
er portion of the day. The general
trend of the market was also any
thing but rosy although there was
no real sign of weakness. The big
ger ones showed lack of the willing
ness to move upward that was so
evident at this time last week. It
is generally believed that the middle
of the week will see a better mar
ket, however, and there Is no reason
why the bigger ones should not con
tinue their upward movement from
where they left off after last week's
advances. Centennial again com
manded its share of attention. The
machinery on this property has been
hauled to the ground and Is being
put Into place with all possible haste.
Superintendent Snider states that It
will be in working operation within
a week or ten days and from then
on developments should be more
rapid. Our daily quotations follow:
NEW YORK AND BOSTON STOCKS,
Open. Close.
Amalgamated. .. 79.62*6 79.25
Am. Smelting . . . 87.00 87.00
Adventure. 8.12 % 8.37*6
Ahmeek.200.00 205.00
AHom.St.60 11.04
Arlz. Cornel. 32.25 34.75
STOCKS ARE ms MOVING
We have every move. The beat
facilities for execution
orders in Kly.
E. W. HULSE & CO.
STOCK BROKERS
Members of Salt Lake Mlninn Kx.
Fast service Salt lake. New York
and lioston. Stocks and bonds
bounht and sold In all markets.
MAIN OFFICE KLY, NEVADA.
l'hone 33 for Quotations.
Salt lake Office, 828 Main Street.
• THE MARKETS.
• _
• NEW YORK. March 14.—
• Lead weak, $4.50 to $4.60. Cop
• per dull. 12% to 13%. Silver
• 50%.
• _
• CHICAGO. March 14.—May
• wheat closed at $1.14%.
•
THOMPSON, TOWLE & CO.
25 Broad Street, New York.
Steptoe Hotel, East Ely.
Opening. Noon.
Nevada Con.$23.50 $23.50
Cumberland Ely. 7.00 7.00
Giroux. 9.50 9.37%
Mason Valley ... 1.75 I.75
Inspiration. 8.37% 8^62%
Boston Ely. 3.62% 3.62%
Ely Central .... 1.31% 1.31%
Close.
Nevada Con. 23.37%
Cumberland Ely . 7,00
Giroux . 9.25
Mason Valley. 1.81 % i
Inspiration. 8.68%
Boston Ely . 4.06%
Ely Central . 1.25
ArcadTan. 7.00 7.00
Atlantic. 9.62% 9.50
Boston Con.19.62% 19.75
Butte Coalition.. 25.50 25.12%
Cal. & Herla ...625.00 625.00
Cal. A Ariz. 74.87% 73.50
Chief Con. 2.37% 2.31%
Copper Range . . 76.50 76.50
Chino. 14.00 14.62%
Italy West. 8.25 8.50
Davis Daly. 3.50 3.25
Dolores. 6.50 6 12%
Hast Butte. 10.50 10.37%
First Nat'l . 4.37% 4.50
Franklin . 21.00 21.00
Cila. 7.75 8.00
Coldfield Con. .. 8.37% 8.31%
Creene Cananea . 10.37% 10.50
Cranhy. 87.12% 87.25
Hancock. 25.25 24.00
Keweenaw. 5.00 5.00
Inspiration. 8.68% 8 68 %
Cake. 79.00 77.50
La Rose. 4.50 4.50
Majestic.92 90
Vlaml. 23.87% 23^87 %
Me*. Comc’l. . . . 5 00
Ml-higan. 7.00 o!o2 %
Mohawk. 63.00 63.00
Nevada-Utah .. 1.05 1.18 V
So. Utah Mines. . 2.so 2.5(1 4
Nlpisisng. 10.25 lO.Zo
North Butte .... 41.25 42.75
Old Dominion ... 43.00
Ohio c.opper .... 4.50 4.43%
Parrot . 19.87% 19.00
Quincy. 89.00 89.On
Rawhide.21 .21
Raven.42 .40
Ray Central .... 3.43% 3.43%
Ray Con. 23.00 22.50
Shannon. 14.75 14.75
Sup. A- Pittsburg. 13.87% 13.75
Tamarack. 69.00 65.00
Tenn. Copper ... 33.62 % 35.00
Trl Bullion .... ,17 %
Tonopah. .6.87%
Trinity. *8.50 8.50
United Copper . . 7.50 7.50
Utah Con. 36.00 32.50
Utah Copper.... 50.62% 50.50
U. S. Smelters . . 47.25 47.00
do pfd. 51.25 51.00
Victoria. 4.25 4.25
Winona.10.87% 10.25
Wolverine. 145.00 145.00
Wyandotte. 2.62% 2.50
Yukon. 4.50 4.50
Helvetia. 3.50 3.50
Kerr Lake. 8.50 8.68’%
ELY STOCKS.
Open. Close.
Nevada con. 23.37% 23.37 %
Boston Ely. 3.62% 4.06%
Giroux. 9.50 9.25
Cumberland Ely. 7.00 7.00
Ely Central _ 1.31% 1.25
Ely Con.75 .75
SALT LAKE STOCKS.
Open. Close.
Beck Tunnel.11 .12
Bin. Amal.11 .11
Black I;*, k.io% .10%
Mullock. .00%
Carisa.. . . .60
Ced. Talisman .. .03% .04%
Century.07 .07
Colorado.K6 .86
Columbus.46 .47 %
Crown Point . .. .07 .07%
Daly Juclge. 4.15 4.15
15. Tintic Dev. . . .04 .04
Grand Central . . 1.60 1.60
Indian Queen . . . .02'% .03
Inyo Gold.05 .05
Iron Blossom . . . .95 .95
King William . . . .08 .05
Little Bell. 1-65 1.65
Map of Ely Copper District
Latest Edition 1910. Size 26x42 inches.
Price, Paper $5.00; Cloth $6.00
Compiled and for sale by
HAFF & COLWELL BROTHERS
[ Mining Engineers and U. 8. Mineral Surveyen ELY, NEV.
>
We have the best unincorporated ground
in the district listed on our books.
Write or call on us if you want to get in
on the Ely boom.
ELY INVESTMENT COMPANY '
ELY, NEVADA
: MASON VALLEY j
MINES HAVE
BEST OF LOOK
General Manager Arthur Smith of
the Townslte Co. returned Sunday ,
with the W. B. Thompson party from [
Mason, where he was with the party ]
during the latter part of its lnspec- ,
tion of Mason Valley mines.
Mr. Smith is more enthusiastic t
than ever regarding Mason Valley ,
property since this last visit. He t
states that they have a great mine t
opened now and that the develop
ment is rapidly adding to the ton- !
nage of excellent grade ore.
Regarding conditions in the flood
swept area of the Humboldt valley,
Mr. Smith states that the Southern
Pacific has put its track baelTin good
working order. Mile after mile of
Western Pacific track in view of
the S. P. line, however. Is out of
commission, with rails and ties sus
pended in the air, the roadbed hav
ing been swept from under by the
waters. A considerable amount of
bridge masonry was also much dam
aged.
Now that the Southern Pacific has
its track open it is proceeding more
leisurely with the work of permanent
repairs. Trains are operating close
to the schedule and losing but little
time in crossing the reconstructed
portions of the road where the floods
did the greatest damage.
Lower Mammoth .51 .51
Mason Valley ... 1.82% 1.82%
Mineral Flat.01% .01 %
Mt. Lake ...... .06 .06 %
Moscow.3o .35
Nevada Hills.52 .53
New York.20 .10
Plutus.03% .04%
Prince Con.74 .75
Provo.04 .03%
Seven Troughs .. .09 .09
Silver King .... 2.50 2.50
Sliver Shield.03 .03
Sioux Con.40 .39%
So. Col. Con.04 .04
ts"-*'sea.04% .04%
Tin tie --„ .06% .06%
Uncle Sam . *n% 40%
Utah Con.05 05
Victoria. 1.20 l'.2v
Victoria Con.04% .04%
Yankee Con. .07
Yerington.03 .03
McDonald . ..30 .30
Witch.19 .19
Centenntial.29 .28
Bin. Cen. Stand. . .19 .21 ;
HERRICK-KERIN NEW YORK
CLOSE.
Bid. Asked.
Nevada Con.$23.37% $23.62%
Giroux. 9.37% 9.50
Ely Central _ 1.25 1.37 %
Boston Ely. 4.25 4.37 %
Eli’ Con.75 .812o
Mason Valley ... 1.75 2.00
Rawhide Coalition .21 .22
Rawhide Queen.. .22 .24
Bovard Con.03 .04
Ely Witch.18 .25
Ray Central .... 3.43% 3.50
Greene Cananea . 10.75 14.87 %
HERRICK-KERIN SALT LAKE
CLOSE.
Bid. Asked.
Ely Calumet .... .25
Colorado.86 .87
Iron Blossom ... .94 .96
Indian Queen ... .03 .03%
Sioux Con.39% .40
Uncle Sam.40% .41
Yerington Copper .03 .04%
Mason Valley ... 1.82% 1.90
LUCKY BOY ORE.
—
New Feature of Lower Levels Excites
Interest—Makes Nice Output.
A new feture of interest—the ap
pearance of considerable gold values
in the ore in the lower levels of the
Alamo mine at Lucky Boy, is report
ed by John Miller, president of the
Alamo company, which is systema
tically developing the property which
was made famous by the Lucky Boy
lease producing nearly a million from
near the surface. The ores near the
surface have carried not enough to
figure in the smelting returns, but
later shipments have shown steadily
increasing values, until the average
is $5 and $6 a ton of the yellow
metal In addition to the high silver
and lead contents. The highest gold
values come from the 550-foot level
and from the bottom of the shaft,
which is down 625 feet. The mine
is keeping up its remarkable show
ing ore, Mr. Miller says, and de
velopment is being pushed. At a
depth of about 640 feet a new level
will be established and it is expected
; that this will prove to be better than
any that has yet been driven. There
are two small streaks of very rich
ore in the shaft as it is being sunk,
, but it is not following the main ore
zone which lies about 15 feet back of
1 the shaft, on the foot wall of the vein.
A short crosscut will be necessary be
fore drifts are started on the propos
ed next level. Shipments of the regu
lation grade of ore, averaging about
|200 a ton, are steadily going to the
smelter, but the selected carload is
from the richest portion of the big
ore bodies, which range from three
to more than six feet in width. The
proceeds of this car will figure in a
nice little dividend that will soon be
declared.
till, AT INDIAN SPRINGS.
I The oil prospects at Indian
Springs, according to reports, are to
be at last tested. Ira MacFarland of
Heldfield has taken the lease of the
Indian Springs ranch, which he will
use for headquarters for his drilling
operations. He is quoted as saying
that he will have a drilling rig on
the ground In ten days and will be
gin the long delayed exploration of
that section with the least possible
delay. Mr. McFarlond is an oil ex
pert of considerable reputation and
is confident that he will open up val
uable oil fields near Indian Springs.
His success would be a wonderful
advantage to all southern Nevada
since cheap fuel would give an Im
petus to mining such as nothing else
would bring. Mr. Ma. Farland’s
operations will be watched with in
terest.
It is stated that a most peculiar
action of the ice at Washoe lake has
been noticed. The ice in freezing
caused a wave of sand to move up
from the bottom of the lake, and this
n its movement was of such force
hat trees on the shore of the lake
vere moved bodily in an upright po
dtion some four feet, and hereafter
vill grow four feet further from the
ihore of the lake than where the
rees sprang into life.—Carson News.
THE FIRST NATIONAL BANK
TLJLif10®’ 1>pe® n. A. COMINS, Vice Free.
EUGENE GILES, Cashier J. W. BIGG AN E, Aas't Cash.
Building Material of Every Description
STEPTOE WLlif LUMBER HID CML HI
Lump Coal, per ton . . . $10.00
Nut Coal, “ “ . . . . 9.50
Run of Mine “ “ .... 9.00
Coal at above prices delivered at Ely or Ely City
Delivered to Lane City $2.00 per ton additional
Phone Main 80.
Not Beginning
But Just Keeping Steadily Ahead
CWe have been erecting homes
on the installment plan dur
ing the winter in East Ely—no
let up since announcement
of this plan last summer.
CNow we are going into the
spring building season with more
interest and activity attendant than
had at any previous time.
C. Are you among those who are with
us to the end of acquiring a home
of your own and cutting out the
rent collector?
H If not, why not?
Call and let us explain why it is to
your advantage to join this move
ment.
ELY
SECURITIES
COMPANY