The White Pine news. [volume], April 07, 1910, Page THREE, Image 3

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

Image provided by: University of Nevada Las Vegas University Libraries

                
MARKETS, METALS AND MINING
MARKET HOLDS
A LITTLE TO IT
As anticipated, the market con
tinued yesterday with steady im
provement, adding one more notch to
the permanent feeling with which it
has come to be viewed. A couple of
grain house collapses at Chicago of
considerable importance failed to af
fect the stocks. Feeling has very
greatly Improved and there is a more
confident tone in all ways.
E. W. HULSE A CO. LETTER.
Continued improvement in the ac
tion of the Btocks yesterday made the
general market look even brighter.
The opening was very much like that
of the previous good day. all of the
issues showing a decided return to
form. The gains were strong dur
ing the day and the general situation
was one of firmer aspect. The price
movement and the buying activity
of the past two days has had every
feature of restored confidence and if
such is a correct explanation of the
improved conditions and the attitude
of the public, then better things may
be looked for immediately and all
along the line. Our dally quotations
follow:
NEW VOItK AM) ROSTOV STOCKS.
Open. Close.
Amalgamated . ..$76.50 76.75
Am. Smelting . . . 82.75 83.25
Adventure. 6.00 6.50
Ahmeek.190.00 190.00
Allouez. 45.00 46.00
Ariz. Cornel.20.12% 19.75
Arcadian. 5.00 6.00
Atlantic. 7.50 7.50
Boston Con.17.00 17.00
Butte Coalition . . 22.87 % 22.50
Cai. A Hecla_575.00 596.00
Cal. & Ariz. 66.00 65.00
Chief Con. 2.00 1.87%
Copper Range .. 71.00 71.50
Chino. 14.12% 14.37%
Daly West . 9.50 9.00
Davis Daly. 2.75 2.87%
Dolores. 5.50 6.50
East Butte. 8.25 8.75
First Nat'l. 2.50 2.50
Franklin.14.50 15.00
Gila. 6.62 % 6.87 %
Goldfield Con. .. 7.87% 7.87%
Greene Cananea. 9.37% 9.37%
Granby. 45.00
Hancock. 21.00
Keweenaw. 4.00
Inspiration. 7.75 7.81 %
Lasalle. 14.12% 14.50
Lake. 66.00 56.87%
La Rose. 4.25 4.25
STOCKS ARE ALWAYS MOVING
We have every move. The beat
facilities for executing
orders In Ely.
E. W. HULSE & CO.
STOCK BROKERS
Members of Salt lake Mining Ex.
Fast service Salt Lake, New York
and Itoston. Storks and bonds
bought and sold in all markets.
MAIN OFFICE ELY, NEVADA.
Phone S3 for Quotations.
Salt Lake Office, 323 Main Street.
Majestic.87 .87
Mascott. 6.50
Miami. 25.25 24.12%
Mex. Cornel. 2.75
Michigan. 5.50 5.50
Mohawk. 52.25 51.00
Nevada Utah ... 1.06% 1.06%
So. Utah Mines. . 2.00 2.00
Nlplssing.10.00 10.00
North Ilutte .... 35.75 35.50
Od Dominion . . . 37.00 37.60
Ohio Copper_ 3.93% 3.87%
Osceola. 141.00
Parrot. 16.00 15.50
Quincy. 82.37% 84.00
Rawhide.36 .37
Raven.35
Ray Central .... 3.43% 3.37%
Ray Con. 20.00 20.25
Royale. 17.50 18.50
Shannon. 11.75 12.00
Sup. & Pittsburg. 13.00 13.00
Tamarack. 54.00 61.00
Tenn. Copper ... 30.50 .3175
Trl Bullion. .81%
Tonopah. 6.50
Trinity. 6.75 6.76
United Copper . . 6.75 7.00
Utah Con. 24.25 24.00
Utah Copper ... 46.87 % 48.00
U. S. Smelters . . 43.00 43.50
do pfd. 49.50 49.50
Victoria. 3.62% 3.50
Winona. 8.00 7.75
Wolverine.127.00 127.00
Wyandotte. 2.06% 200
Yukon. 4.37% 4.37%
Helvetia. 3.50 3.50
Kerr Lake . 8.50 8.93%
—
ELY STOCKS.
upen. Close.
Nevada Con. 21.50 21.62 %
Boston Ely. 3.62% 3.62%
Giroux. 8.12% 8.12%
Cumberland Ely. 6.50 6.50
Elv Central _ 1.43% 1.37%
Ely Con.68% .68%
SALT LAKE STOCKS.
Open. Close.
Beck Tunnel.11 .11
Bln. Amal.10% .10%
Black Jack.08% .09
Bullock.00% .00%
Carlsa.54 .50
Ced. Talisman ... .06% .06
Century.05 .05
Colorado.78 .79
Columbus.27 .25
Crown Point.09 .08%
Daly Judge. 4.00 4.00
E. Tintlc Con. . . .01 .01
E. Tintlc Dev.03 .03%
Grand Central . . 1.43 1.45
Indian Queen ... .02% .03a
Inyo Gold. .04
Iron Blossom ... 1.10 1.07%
Ion King. .20 .20
King William . . .05 .05
Little Bell . 1.50 1.60
Lower Mammoth .51 .51
Mason Valley . . . 8.00 8.50
Mineral Flat.01% .01%
Mt. Lake.10 .10%
Moscow.45 .45
Nevada Hills . . . .50 .50
New York.04 % .04
Plutus.05 .05
Prince Con.86 .85
Seven Troughs.. .07% .07%
Sliver King. 2.45 2.47 %
Silver Shield . . . .05 .05
Sioux Con.43% .44%
So. Col. Con.05% .05%
Swansea Con.03a .03
Tintlc Central .. .13 .14%
Uncle Sam.39% .39%
Utah Con.04% .03%
Victoria Con. ... .04%
McDonald.29 .29
Witch.19 .19
Centennial.30 .30
Bln. Cen. Stand. . .20 .20
HEKRICK-KERIX NEW YORK
CLOSE.
Bid. Asked.
Nevada Con.21.62% 21.87%
Giroux. 8.25 8.37%
Ely Central .... 1.3.% 1.50
Ely Con.62% .75
Mason Valley . . . 1.75 2.00
Rawhide Coalition .33 .34
Rawhide Queen.. .24 .26
Bovard.05 .06
Ely Witch.15 .25
Ray Central .... 3.43% 3.50
Greene Cananea . 9.37% 9.62%
Chino. 14.25 14.50
HERR1CK-KERIN SALT LAKE
CLOSE.
Bid. Asked.
Ely Centennial.. .30 .32
Federal Ely.08
Colorado.79 .80
Iron Blososm ... 1.05% 1.10
Indian Queen .. .02% .02%
FIRST NATIONAL BANK OF ELY
Oldest and Largest Bank in Eastern Nevada
\V. V. RICK, President H. A. COM IN'S, Vice President
H. N. BYRNE, Cashier T. W. BIGG AN K, Asst. Cashier
Steam Heat Electric lights Hot and Gold Water
NORTHERN HOTEL
ELY, NEVADA
Headquarter* for Traveling I'uouc.
v Building Material of Every Description
S1EPIDE TO LUMBER Hill COIL CO.
Lump Coal, per ton ... $10.00
Nut Coal, “ “ . . . . 9.50
Run of Mine “ “ .... 9.00
Coal at above prices delivered at Ely or Ely Gty
Delivered to Lane Gty $2.00 per ton additional
Phone Main SS.
PHEBYS 60 TO
NEW KERN YIELD
FROM THE EAST
~ i
1 Among arrivals last evening was
Dr. Holmquist, who returned from
a brief trip to Salt Lake, where he
went to meet Joe and Tom Pheby and
accompany them as far as Cobre on
their way to San Francisco.
He states that both the well known
mining men w'ere looking well after
their stay of several months in New
York and that from San Francisco
they are going enthusiastically into
the new Kern county oil field, which
has lately attracted a great deal of
attention and is now looked upon as
the making of one of the greatest
fields ever opened in the country.
They expect to be accompanied there
from San Francisco by Fred Pheby.
Concerning developments of inter
est to the people of the camp in the
east the Phebys stated to I)r. Holm
quist that there was nothing very
lively about the general situation
when they left, but that some very
excellent authorities were expecting
the early development of an upward
movement, which has now been in ef
fect for two days, and these believed
there would be steady but gradual
improvement. The copper merger is
expected to come and is expected to
bring about a determined advance.
Haggling over prices has lately been
considered the greatest drawback to
Improvement in the stocks, but this
Is thought to be near its conclusion.
The Phebys were traveling west in
haste or would have stopped off for
a visit in to the camp. That they
were unable to do so will be a matter
of much regret to their many friends
in the district.
Sioux Con.44% .45 j
Sioux Con.44% .45
Unde Sam.39% .40
Yerington. 4.00
Mason Valley . .. 8.50 9.00
SUCCESS GETS Br.TTEK.
Manager D. C. McDonald returned j
from the Success Mine last night af- j
ter a two days’ visit of inspection.
.,e states that there is steady im
provement at the property and he is
well satisfied.
—
MINING SUIT.
In trial of the suit of John Mag-'
nuson, as administrator of the estate!
of James Ostergard, against H. W.
Kelley and H. A. Leach, the defense
examined Frank Millard, H. A.
Leach, Thomas Silliman, M. R. Gara
han, James Reach and A. B. Colwell.
It Is expected that the trial will be
concluded this afternoon.
NEW MINING CO.
Articles of incorporation of the
Metals Exploration Co., were filed
with the county clerk yesterday. The
company is capitalized for $100,000,
in 1,000,000 shares of par value of
10 cents each. The incorporators and
officers are: S. F. Hunt, president;
S. W. Larsh, vice president, and E.
Opdvke, secretary and treasurer.
They also constitute the board of di- |
rectors. The principal office is in
Ely. The property is located at Ham
ilton.
VISIT BIG COPPEK FIT.
Tom Hockbill Says It Look' Better
Than Ever.
"Tex" Rickard and "Ole” Elliott j
visited the pit and the Giroux yes-;
terday afternoon in Rickard's big
auto, with Tom Rockhill as their
guest. Upon their return, Tom de
clared that the showing at the great
pit Is getting steadily better. He
saiil he enjoyed the ride immensely
and when It was suggested he should
buy a car for his own use, Tom said:
"I have no particular use for one,
and then, again, I would not care to
get down on my back and fix one oi
them."
STEEL TRUST PROFITS BIG.
Net Earnings of •13.000,000 for
March Make a New Record.
NEW YORK. April 6.—Figures
given out In Wall street today show
that the United States Steel corpora
tion is now earning more money than
at an.v prevvious time in its history.
According to the figures in circula
tion today the corporation earned
in March $13,000,000 over and above
operating expenses, a new high re
cord for monthly net earnings.
The net earnings for March, 1910, j
were nearly double those of the same
month last year, which were $7,989,
327, and more than twice as great as
those of March, 1908, which aggre
gated $6,466,834. The previous
high record of net earnings was
reached In 1907, the panic year,
when they were $14,137,973.
At the present rate the net earn
ings of this corporation for the cal
endar years will amount to the en
ormous sum of $180,000,000, at least
The nearest approach to this figure
was in 1906, when net revenues
totaled $179,672,971. Rased on
March net figures the company is now
earning a surplus available for com
mon stock dividends of nearly 20 per
cent.
| She. "They say that a n apple a
day will keep the doctor away.”
"He. vVhy stop there? An
onion a day will keep everybody
I away.—Boston Transcript.
GEORGE A. WILLIAMS
electrical contractor
All kinds, of electrical machinery
furnished and installed. A. C. k D. C.
Armature winding, repairs, etc. Mine
and mill work a specialty. Phone
131-Z, East Ely, Nevada.
UNDERTAKERS-EMBALMERS
WILSON-BATES
FURNITURE CO.
Aultman St.. Ely. Phone Main 6t
GROSS ASSETS
Represented by this oitce over
$144,000,000.00
We make loans, buy and sell real
estate, mines and stocks.
HERRICK-KERIN INVEST GO.
Ely Lodge No.29. F.&A M
Meet* second and last Wednesday
nights of each month at Rockhlll
Shallenharger Building, 7:80 p. m.
B. W. COLEMAN, W. M.
W. O. GALLAGHER. Secretary.
Nevada Northern Hotel
L. T. LARSEN, rROP.
Recently remodeled; rooms newly
papered and everything first-class.
Reglar meals, the best in the district.
Also carry 11t e of general mer
chandise. EAST ELY. NEVADA.
BECKER BREWING AND
MALTING CO
OGDEN UTAH
THE FAVORITE BEER THROUGH
OUT THE WEST.
THE MARKS-TALBOT*' CO., Agents.
Fuller’s Cafe
In new quarters at 584 .tultman
street next to Ely National Bank.
Meals 85 cents and up. Lunches
a specialty.
Have you seen the great
values in Waists and Skirts?
NAYLON & CALLAHAN
Phons 82-X.
Little Store Next P. O.
MECHANIC’S SHOES.
We give special attention to our
lines of Workingmen's Shoes and
la re the best.
Strong as shoes can be made
and all are “UNION MADE."
NYE BROTHERS.
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?
C. If not, why not?
n Call and let us explain why it is to
your advantage to join this move
ment.
ELY
SECURITIES
COMPANY