The White Pine news. [volume] (Ely, Nev.) 1906-1910, April 21, 1910, Image 3

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The White Pine news. [volume], April 21, 1910, Page THREE, Image 3
About The White Pine news. [volume] (Ely, Nev.) 1906-1910

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The White Pine news. [volume] (Ely, Nev.), 21 April 1910. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn86076249/1910-04-21/ed-1/seq-3/>

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MARKETS, METALS AND MINING
-GOODLOCALS
The stock market went off badly
at the close yesterday, after a
day of unsuccessful burking against i
profit taking. Dut there was noth
ing in the close to indicate that the
reaction would continue, the outlook
on the other hand favoring resump
tion of advance today or tomorrow.
A new, or rather a returned, factor
is In the market, represented by the
public, which has suddenly come
back. The brokers, glad to see the
public again buying, have been
nursing the situation with exceeding
care. Their advice has been to sell
on all advances, and It has been fol
lowed. But the market has gained
strength right along Just the same
and the situation Is growing to one
that will soon be Impervious to the
late form of procedure.
Indications are favorable for a
sharp bull campaign on Ely Centrai
at early date. Boston-Ely also looks
as if near to point where it will do
some more Jumping. Reports from
Ward give reason to expect that Ne
vada United will very soon return
to high activity in the market, and if
the late discovery at the property
works out as now expected this stock
will be in line for big advance.
K. W. HCLSK A CO. LETTER.
1 Yesterday was another of thoBe
"slightly disfigured but stii* In the
ring" days. The market went back
Into Its old rut and took on that
gloomy look to which local traders
have become very much accustomed
of late. There were several marked
declines, although this was ijot gen
eral, and the entire market was any
thing but of nn encouraging nature.
The bears again had a red-letter day.
Just what helped them In their ef
forts today would be too deep for the
proverbial Philadelphia lawyer. Per
haps It was the earthquake west of
this district. Our dally quotations
follow;
NEW YOIIK AND ItOSTON STOCKS.
Open. Close.
Amalgamated . .$76.50 $74.50
Am. Smelting . .. 8 4.00 82.00
Adventure. 6.75 6.00
Ahmeek. 165.00
Allouez. 47.00
Arlz. Cornel. ... 18.50 16.75
Arcadian. 5.25
Atlantic. 8.75 7.50
STOCKS ARE ALWAYS MOVING
We have every mote. The best
fm il it lev for executing
orders in Kly.
E. W. HILSE & CO.
STOCK BROKERS
Members of Halt l.nke Mining Kx.
Fast service Halt I.ake, New York
and Boston. Stocks nml bonds
bought and sold In all markets.
MAIN OFFICE KLY, NEVADA.
Phone :t.‘I for Quotations.
Halt lake Office, S2A Main Street.
* THE MARKETS. •
• __ #
• NEW YORK, April 20.—Lead •
• dull, $4.36 to $4.45. Copper •
• weak, 12.37 Vi to 12.55. Silver •
• 53 y4. •
• _ •
• CHICAGO. April 20.—May •
• wheat closed at $1.06%. •
Boston Con.19.00 19.00
Butte Coalition . 22.26 21.75
Cal. & Hecla . .. 600.00
Chief Con. 2.00 2.00
Copper Range . . 70.00 68.50
Chll>o. 15.25 12.75
Daly West . 8.75 8.75
Davis Daly. 2.12% 3.00
Dolores. 6.00 6.00
Hast Butte. 8.00
First Nat’l. 2.75 2.75
Franklin. 15.00
Gila. 5.75 6.00
Goldfield Con. . . 8.00 8.00
Greene Cananea. 9.62% 9.00
Granby. 50.00 48.00
Hancock. 31.50 29.50 j
iveweenaw. 4.12% 4.00
Inspiration. 7.68% 7.68%
Lasalle.14.75 14.25
Lake. 56.50 64.75
La Rose . 3.87% 3.62%
Majestic.78 .75
Mascott. 7.25 7.00
•Miami. 24.00 23.50
Mex. Cornel. 2.50
Micnigan. 5.50
Mohawk. 55.00 54.00
Nevada Utah ... 1.00 .93%
So. Utah Mines.. 2.00 2.00
Nipissing. 9.75 9.87 %
North Butte .... 31.75 32.00
Old Dominion . . 39.25 38.25
Ohio Copper ... 3.50 3.62 %
Osceola. 143.50 141.00
•'arrot. 15.12% 15.00
Quincy. 82.00 80.00
Rawhide.37 .36
Ray Central_ 3.12% 3.00
Ray Con. 19.50 18.75
i.oyale. 17.50 17.25
Shannon. 12.75 12.00
Sup. & Pittsburg. 13.00
Tamarack.53.00
Tenn Copper ... 31.00 30.25
Trl. Bullion .... .81 %
Tonopuh. 6.25
Trinity. 7.00
United Copper. 6.62% 6.00
Utah Con. 34.75 33.25
Utah Copper ... 48.00 46.25
U. S. Smelters . . 4 4.00 4 3.00
do pfd . 49.62% 49.25
Victoria. 3.25
Winona. 8.00 8.00
Wolverine. 128.00
Wyandotte. 1.87%
Yukon . ....... 4.37 %
Helvetia. 3.50 3.25
Kerr Lake . 8.81% 8.75
ELY STOCKS.
Open. Close.
Nevada Con. 21.50 20.50
Boston Ely .. 3.62% 3.06%
Giroux. 8.25 8.00
Cumberland Ely. 6.00 6.00
Ely Central .... 1.00 1.00
Elv Con.56% .56%
SALT I.AKI-l STOCKS.
Open. Close.
Beck Tunnel.11 .11
Bln. Ainal.09% .09
Black Jat k.lo .10
Bullock.01 .01
Carlsa.50 .50
Ced. Talisman .. .08% .08
Century.05 .05
Colorado.81 .80
] Columbus.49 .52
[Crown Point.08 .08
[Italy Judge. 4.00 4.00
j E. Tlntlc Con... .01% .01
E. Tlntlc Dev.03% .03 %
Grand Central .. 1.62% 1.60
! Indian Queen . . .02 .02
Iron Blossom ... 1.10 1.07%
Keystone.08 .08
King William . . . .08 .08
[Little Dell . 1.25
[ Lower Mammoth .4X .49
Mason Valley . . . 8.65 8.50
May Day.06 .06
; Mineral Flat . . . .03 .03
j.Mt. Lake.08 .08
j Moscow.42 .43
Nevada Hills.54 .58
New York.04% .04 %
Plutus.05 .05
Prince Con.84 .85
Provo.0 2
Seven Troughs . . .08 .08
Silver King - 2.30 2.30
Silver Shield . . . .04 .04
Sioux Con.35 .35%
FIRST NATIONAL BANK OF ELY
Oldest and Largest Bank in Eastern Nevada
W. V. HICK, President H. A. COMINS, Vice President
H. N. HYKNK, Cashier T. W. UIOGANE, Asst. Cashier
Steam Heat Electric Lights Hot and Cold Water
NORTHERN HOTEL
ELY, NEVADA
Headquarters tor Traveling Puouc.
So. Col. Con.06 .06
Swansea Con. . . .03 .03
Tlntlc Central .. .12% .12
Uncle Sam.36 .36
Utah Con.04 .04
Victoria. 1.30 1.30
Victoria con. .. .05% .05%
Western Nevada. .10 .10
Yerington.04
Witch.18 .18
Centennial. .30
Bln. Cen. Stand. .20 .20
HKHRICK-KERIN NEW YORK
CLOSE.
Bid. Asked.
Nevada Con. 20.62% 20.87%
Giroux. 8.00 8.12%
Ely Central .... 1.00 1.06%
Ely Con.60 .65
Mason Valley . . . 8.75 9.00
Rawhide Coalition .37% .38
Rawhide Queen. .40 .45
Bovard.40 .45
Bovard.03% .04%
Ely Witch.15 .20
Ray Central .... 3.00 3.06%
Greene Cananea. 9.00 9.25
Chino. 12.75 12.87%
HERRICK-KERIN SALT LAKE
CLOSE.
Bid. Asked.
Ely Centennial.. .31 .32
Federal Ely .... .07
Colorado.80 .81
Iron Blossom . . . 1.05 1.10
Indian Queen ... .02 .02%
Uncle Sam.36% .37
Yerington. .07
Mason Vaiiey . . . 8.50 8.95
Sioux Con.35% .36
COPPER SITUATION IMPROVES.
Showing For Three Months Is Better
Than First Quarter of 1909.
Commenting upon the March re
port of the copper producers, a mem
ber of the association said to the Wall
Street Journal:
"Wall street can, of course, be de-1
pended upon to take the most pessi- |
mistic view of the March copper
statement which falls considerably
short of expectations, but Wall street 1
makes the error in drawing sweeping
conclusions from one month's show
ing. Much is being said of the fail
ure of production to show a decline,
but as a matter of fact the production
of 1910, figured on the basis of re
turns for the first quarter, would be
below 1909. Last year 1,405,000,
000 pounds of ropper were produced,
while so far this year we have made
copper at the rate of 1,397.000,000 j
pounds for the year.
"Last year there were delivered to 1
domestic consumers 705,051,000 ,
pounds, while domestic deliveries so j
far this year have been at the rate of j
830.484.000 pounds for the twelve1
months. Exports are at the rate of
638.584.000 pounds for 1910, which!
is below 1909's total of 680,942,000 !
pounds, but this can hardly be con
sidered as a bear argument since ex
ports equal to those of a year ago
would inevitably mean an increase in
the already large stocks abroad.
“There Is no use denying that the
March statistics were disappointing,
but, on the other htnd, it cannot be
denied that the showing of the cur
rent year to date has been all that
could reasonably expected. Produc
tion is running below that of last t
year, domestic deliveries are at a1
rate greater than ever known before;
and the stocks in this country are j
18,000,000 pounds less than at the :
beginning of this year and about the
same as at the beginning of last year. |
"World's stocks on January 1, ,
1910, stood at 385.970,000 pounds,'
as rompared with world’s stocks of j
373.449.000 pounds as of April 1,1
1910."
S1LYKH HII.I.S WOliK.
H. H. Cloud, a mining engineer of 1
Los Angeles, Cal., has identified him-|
self with and is promoting the devel- i
opment of the Cheyenne and Silver
Hills groups of claims owned by W. !
A. Rogers, of Tonopah, and located 1
in the Sliver Hills Lone Mountain
mining district. The Cheyenne group '
consists of seven claims and covers
some 3,000 feet of a well-defined vein
that gives returns from $13 to $85
per ton in gold, silver, copper and
lead. The Silver Hills group con
sists of four claims and covers some
3,000 feet of a well-defined vein from
which assay returns have been taken
of $95 in value. The properties are
as yet in an undeveloped condition,
hut the surface showings are good
enough to warrant a certain amount
of development.
THE NEVADA MEAT CO.
Keep Constantly or Hand a Com*
plete Line of Choice
—
FRESH AND SALTED MEATS
Magnuson Block, Murry 8treet
Fish and Gamo in Season. Phone
Your Order—Main 49
PHYSICIANS.
EL. WALLACE, M.D.
PHYSICIAN AND SURGEON
Office Hours—2 to 4 p. m.
7 to 8 by appointment.
Office Rooms 20 ft 21 Northern Hotel
|-■
hDENTI8TS.
WHEELER,
dentist.
Expert In Porcelain Dental Art.
Rooms 2 and 3. Northern Hotel, Ely
J^EVIN ft GRAHAM,
Funeral Directors and Embalmers
Lady Attendant.
Pheby Block, Aultman Street,
Phon j 1083.
GEORGE A. WILLIAMS
ELECTRICAL CONTRACTOR
All kinds, of electrical machinery
furnished and installed. A. C. & D. C.
Armature winding, repairs, etc. Mine
and mill work a specialty. Phone
I31-Z, East Ely, Nevada.
Idermrs-embiilmers]
WILSON-BATES
FURNITURE CO.
| Aultman St.. Ely. Phone Main ••
GROSS ASSETS
Represented by tbls oflce over
9144,000.000.00
We make loans, buy and sell real
estate, mines and stocks.
HEBRIBK-KEBIN INVES T CO. |
Ely Lodge No.29, F.AA M
Meets second and last WsMislay
nights of each month at ReckhOl
Hh alien barger Building, 7:80 p. m.
B. W. COLEMAN, W. M.
W. C. GALLAGHER, Secretary.
Nevada Northern Hotel
L. T. LARSEN, PROP.
Recently remodeled; rooms newly
papered and everything 0rat-class.
Reglar meals, the best la the district.
Also carry llr e of general mer
chandise. EAST ELY. NEVADA.
BECKER BREWING AND
MALTING CO
OGDEN UTAH
THV FAVORITE BEER THROUGH
OUT THE WEST.
THE MARKS-TALBOT* CO., Agents.
Fuller’s Cafe
In new quarters at 5S4 Aultaoaa
street next to Ely National Bank.
Meals 88 cents and up. Lunches
a specialty.
Have you seen the great
values in Waists and Skirts?
NAYLON & CALLAHAN
Phone ll-X.
little Store Next P. O.
MECHANICS SHOW.
We give special attention to our
lines of Workingmen's Shims and
la re the host.
Strong as shoes can be mads
and ail are “UNION MADE.”
NYE BROTHERS.
Not Beginning
But Just Keeping Steadily Ahead
1
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.
C.Now we are going into the
spring building season with more
interest and activity attendant than
had at any previous time.
CL Are you among those who are with'
us to the end of acquiring a home
of your own and cutting out the
rent collector?
CL If not, why not?
CL Call and let us explain why it is to
your advantage to join this move
ment.
ELY
SECURITIES
COMPANY

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