The White Pine news. [volume] (Ely, Nev.) 1906-1910, April 30, 1910, Image 3

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The White Pine news. [volume], April 30, 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.), 30 April 1910. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn86076249/1910-04-30/ed-1/seq-3/>

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markets, metals and mining
BETTEJIfflICES
There was some awakening yester
day and indications are not lacking
that an upward spurt may soon come
on. Locally, Kly Central should en
liven things greatly within the next
week. Kntry of the shaft to the ore
will almost unquestionably send this
stock upward, and it should reach
the ore within the next three or four
days. Boston Kly is also to be ex
pected to do its holders a good turn
within short time. When the winze
reaches water level and gets the ore
body, this stock must advance sharp
ly.
As for the copper list as a whole,
there is not outlook for sustained
gain of material importance until
the metal situation Improves. The
price fell off another quarter cent
yesterday. But while this is embar
rassing to the high cost producers it
ought to aid the low cost porphyries.
The lower the price goes the better
It ought to be for such stocks as Utah
Copper, Nevada Con., Inspiration and
others of this class.
A fact that gets small consid
eration In views expressed as to mar
ket conditions is that the stocks are
all comparatively high now when
ranged alongside the prices which
.prevailed a couple years ago, when
thousands upon thousands of shares
of all kinds were taken in by invest
ors and locked in strong boxes. Mar
ket sales since tell absolutely that
the great bulk of these cheaply
bought stocks are still locked up,
which is the best of evidence that
there is no lack of confidence in the
future. Everybody is waiting, and
in the market neglect which attends
this attitude is explanation of the
downward trend to which stocks have
been subject the last several months.
E. W. HI LNK & CO LETTER.
A much brighter aspect generally
and considerable activity in many of
the issues, made yesterday’s market
the only cheerful one of the entire
week. Many of the bigger issues
came out of their slump and closed as
if better tilings can be expected. Ad
vices from the inside are that better
markets are on the way and yester
day's stock actions generally were
such as to Indicate that the hunch
might be correct. Then, again, there
came the report of tile striking of
the Copper Flat fault In the Eureka
shaft of the Ely Central which is
STOCKS ARE ALWAYS MOVING
We have every move. The heat
facilities for executing
orders In Kly.
E. W. HULSE & CO.
STOCK BROKERS
Members of Halt Lake Mining Lx.
Fast service Halt I.ake, New York
and lloston. Htocks and bonds
bought and sold in all markets.
MAIN OFFICE KLY, NKVADA.
Phone 33 for <Quot'Htlona
Halt I .like Office, 323 Main Htreet.
**••••••«••••••
• THE MARKETS. •
• NEW YORK. April 29.—Lead •
• dull $4.35 to $4.40. Copper •
• weak, 12 to 12.25. Silver 54. •
• _ a
• CHICAGO, April 29.—May •
• wheat closed $1%. •
• •••••••••••••a
one of the best pieces of news that
has come the way of this district in
many a moon. Our daily quotations
follow:
NEW YORK AND BOSTON STOCKS.
Open. Close.
Amalgamated . . $69.t2% $70.62%
Am. Smelting .. 77.87% 79.00
Adventure. 5.75 5.87%
Allouez. 40.00 42.00
Ariz. Cornel. 16.00 15.75
Arcadian. 4.75 4.75
Atlantic. 6.50 6.50
Boston Con.15.00 16.00
Butte Coalition . 20.50 20.75
Cal. & Hecla ...575.00 575.00
Cal. & Ariz. 61.00 62.00
Chief Con. 1.68% 1.87%
Copper Range .. 67.50 68.00
Chino. 11.25 11.00
Daly West . 8.75 8.50
Davis Daly. 1.75 1.93%
Dolores. 5.50 6.00
I East Butte. 7.60 7.00
First Nat'i. 2.25 2.12%
Franklin.11.87% 11.75
Gila. 6.00 5.87%
Goldfield Con. .. 7.87% 7.93%
Green Cananea . 8.37% 8.50
Granby. 43.60 42.00
I Hancock. 18.00 17.75
[Keweenaw. 4.25
I Inspiration . ... 7.75 7.31 %
[Lasalle. 7.75 7.31 %
Lasalle. 11.50 11.54
Lake.2.00 54.00
La Rose. 4.18% 4.12%
Majestic. .69 .68
Mascott. 6.50 6.75
Miami. 21.62% 21.50
Me*. Cornel. 2.50
Michigan. 4.75 5.50
Mohawk. 49.00 49.00
Nevada Utah ... .81 Vi .81 Vi
So. Utah Mines. . 1.50 1.75
Ntplasta*. o.sTVi
North Rutte_ 33.25 33.62 Vi
Old Dominion . .. 33.50 33.
Ohio Copper .... 3.31 % 3.00
Osceola.136.00 136.00
Parrot . ....... 14.00 13.75
Quincy. 77.50 77.50
Rawhide.2.8 .29 Vi
Ray Central .... 2.25 2.43%
Rav Con. 17.75 17.75
Royale. 14.1 2 Vi 14.25
Shannon. 11.50 11.00
Sup. & Pittsburg. 11.25 11.75
Tamarack. 52.00 52.00
Tenn. Copper ... 25.50 26.50
Trl. Bullion .... .50
Trinity. 6.00 6.00
United Copper . . 5.50 5.50
Utah Con. 21.50 21.50
Utah Copper .... 41.50 42.37V4
U. S. Smelters .. . 40.25 40.75
do pfd . *8.BO 4 8.(5
Victoria. 3.00 3.00
Winona. 6,50 6.87 Vi
Wolverine.120.00 120.00
Wyandotte. 1.75 1.62V4
Yukon. 4.12 Vi 4.12 Vi
Helvetia. 2.25 3.00
Kerr I.ake . 8.37 Vi 8.50
ELY STOCKS.
open. Close.
Nevada Con. 19.25 19.25
Boston Ely .... 2.50 2.56*4
i Giroux. 7.37*4 7.00
Cumberland Ely. .93% .93%
Ely Con.56% 50
—
SALT LAKE STOCKS.
Open. Cloae.
Ajax.40
Beck Tunnel ... .10 .07
Black Jack.10 .10
Bullock.00*4 00%
Carina.50 .50
Ced. Talisman .. .13 .13*4
; Century.2D •os
; Colorado.75 .76
I Columbus.53 .52
Crown Point .... .08*4
Daly Judge .... 4.oo 4.00
I E. Tlntle Con.01 .01
I E. Tlntic Dev.02 .02
Grand Central .. 1.40 1 40
Indian Queen ... .01% .01%
■ Inyo Gold.02
Iron Blossom ... 1.05 1.05
King William . .. .05 .05
Little Bell . 1.40 1.40
Lower Mammoth. .51 .51
I Mason Valley ... 8.00 7.50
FIRST NATIONAL BANK OF ELY
Oldest and Largest Bank in Eastern Nevada
\V. V. RICE, President H. A. COMINR. Vice President
H. N. HYRNE, Cashier " , HKHiANE, Asst, t ashler
Steam Heat Electric Light* Hot and Oold W»t*r
NORTHERN HOTEL
ELY, NEVADA
Headquarter* for Traveling I'uouc._
Building Material of Every Description
ME IILLEI WEB 11 COIL CD.
Lump Coal, per ton ... $10.00
Nut Coal, “ “ . • • • 9.50
Run of Mine “ “ . . . . 9.00
Coal a( above prices delivered at Ely or Ely City
Delivered to Lane City $2.00 per ton additional
Phone Main 8B.
PLEASED WITH
ELY GIBRALTAR
President M. M. Johnson and Man
ager C. E. Street of the Ely Gibraltar
Mining Co. will return to their head
quarters in Salt Lake this morning
after a visit of inspection of several
days to the company's property near
McGill. Both expresesd themselves
as well pleased with conditions at the
property.
According to Manager Street, the
tunnel being driven upon the prop
erty now has a length of 432 feet,
and it is expected that the big vein
which is the objective point of the
bore will be encountered within the
next 100 feet. The ledge, which car
ries high grade lead values, with
from $5 to $15 in silver, show’s up
about 8 feet in width on the surface
of the hill and has been prospected
with good results in several places.
The tunnel will give a depth upon it
of 225 feet according to survey
made.
May Day.06 .06%
Mineral Elat.02
Mt. Lake.08 .08
Moscow.44 .44
Nevada Huts . .. .64 .61
New York.03% .03%
Plutus.04 .04
Prince Con.80 .80
Provo.01% .01%
Seven Troughs .. .06% .0b y*
Silver King .... 2.30 2.30
Sioux Con.34% .34%
So. Col. Con.05% .06
Swansea Con . .. .03 .03%
Tintic Central .. .11
Uncle Sam.35% .34
Utah Con.03% .03%
Victoria. 1.00
Victoria Con.05 .05
Western Nevada. .10 .10
Yerington.03 .01%!
.McDonald.25 .25
Witch.19 .18
Federal.05 .05
Centennial.20 00
Bin. Cen. Stand.. .19 .19
HKKRICK-KKRIN NEW YORK
CLOSE.
Bid. Asked.
Nevada Con.$19.25 19.50
Giroux. 7.00 7.12%
Ely Central.93% 1.00
Ely Con.50 .60
Mason Valley . . 8.00 8.25
liawhide Coalition .29% .30
KuwhMe Qiie.>n 24 .38
Bovard.03 .04
Ely Witch.15 .20
Bay Central_ 2.43% 2.50
Greene Cananea. 8.37% 8.62%
Chino. 11.00 11.12% |
HKRKH'K-KKKIN SALT LAKE
CLOSE.
Bid. Asked.
Ely Centennial . . .30
Ely Calumet .... .18
Federal Ely .... .07
McDonald Ely . . . .25
Colorado.76 .78
Iron Blossom ... 1.05 1.07%
Indian Queen . .. .01'% .02
htoux Con. .-.34% .35
Uncle Sam.34 .35%
Mason Valley . . . 7.50 8.50
! Ely W itch. .15
III.I E Ul 1.1, I’llODUCING.
The Ogilvie lease on the Blue Bull,
formerly the Brenneman lease, Gold
field, has at a depth of 150 feet, only
some 20 feet beyond where work was
stopped by the former operators,
opened a three-foot ore shoot, and
sorting the break down to about 50
per cent of its entire volume is giv
ing the leasers a shipping product
valued at close to $100 per ton. The
ore is holding up well and a ship
ment of several tons will go out the
first of next week. The former leas
ers lost the ore shoot, but Mr. Ogilvie
and his associates found that a hard
dyke had cut it off and thrown the
shoot ofT at almost right angles to
Its former trend.
A ton of steel will make a million
and a half pens.
N. N- R V. Tisffc' TABLE.
DAILY SUBURBAN TRAINS.
Effective August 10, 1900
Daily Except Sunday—Leaves East
Ely, North Bound, 7:36 a. in. Dally
Except Sunday, Le*ves Cobre, South
| Bound, 1:20 p. m.
• East Ely for Ely, a. m.
12:26; 6:20; 6:40; 7:10; 8:26;
9:60; 11:30; 11:60;—p. m., 1:10;
2:20; 4:26; 4:36; 6:26; 7:30;
8:00; 9:00; 10:16.
Murray Street, Ely. for East Ely,
A. m. 12:36, 6:30, 8:16, 8:86, 10:00,
p. m 12:01; 1:20; 2:10; 2:30; 4:46
6:16; 6:36; 7:40; 8:10; 9:10; 10:26
MINE TRAIN.
Leave EaBt Ely, a. m — 6:40;
11:30;—p. m., 4:26.
Leave Murray Street. Ely a. m.
6:60; 11:40;—p. m. 4:86.
Returning, Leave Mines, a. m.—
7:36;—p. m., 1:26; 5:36.
SMEI/TER TRAINS.
Leave Murray Street, Ely a. m.
• :30;10:00: p. m. 2:89; 4:45; 19:26
Leave East Ely, a. m.—6:40;
10:10;—p. m. 2:40; 4:66; 10:36.
RETURNING!. LEAVE McGILL.
A. m. 7:46; 10:60;—p. m., 3:46;
6:60; >1:46.
GEORGE A. WILLIAMS
electrical contractor
All kinds, of electrical machinery
furnished and Installed. A. C. ft D. C.
Armature winding, repairs, etc. Mine
and mill work a specialty. Phone
131-Z, East Ely, Nevada.
Wdertakers-embalmers
WILSON-BATES
FURNITURE CO.
Aultman 8t.. Ely. Phone Main 6*
GROSS ASSETS
Represented by this ofttce over
8144,000,000.00
We make loans, buy and tell real
estate, mines and stocka.
HEBBICK-KEBIN INVEST CO.
Ely Lodge No. 29, F. 4 A M
Meets second and last Wednesday
nights of each month at Rockhfll
Shallenbarger Building, 7:80 p. m.
B. W. COLEMAN, W. M.
W. C. GALLAGHER. Secretary.
Nevada Northern Hotel
L. T. LARSK.N, PROP.
Recently remodeled; rooms newly
papered and everything first-class.
Reglar meals, the best in the district.
Also carry 11’ e of general mer
chandise. EAST ELY. NEVADA.
BECKER BREWING AND
MALTING CO
OGDKN UTAH
THE FAVORITE BEER THROUGH
OUT THE WEST.
THE MARKS-TALBOT* CO., Agents.
Fuller’s Cafe
In new quarters at 524 Aultman
street next to Ely National Bank.
Meals 35 cents and up. Lunches
a specialty.
Have you seen the great
values in Waists and Skirts?
NAYLON & CALLAHAN
Phone 82-X.
Little Store Next P. O.
MECHANIC’S SHOES.
We give special attention to our
lines of Workingmen’s Shoes and
la ve the beet.
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 Cast Cly—no
let up since announcement
of this plan last summer.
CLNow 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?
«L Call and let us explain why it is to
your advantage to join this move
ment.
- -———————1
ELY
SECURITIES
COMPANY

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