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Show JULY THURSDAY MOANING, LAKE,s' iTRIBUNE, THE SALT ' ini i jiii i i. . w m . i ri t i 1920. 1, - - -- i i gmmtj METALS., ......... lead (In Ynk). .......... Spsitav (St. Lrais) Opoar..,. HIGH MUES-FU- $8,000,000 ...$19.00 Silver .(..eke ...wso Oliver (la London) ......58 t ....$T9 SUGAR COMPANY TAH-IDAH- O t.I. N ledge eighteen Inches wide. conUin 1000 ounces trig stiver running s high ha the ton. with as much as I ounces ot nfold. Is being followed with s drift on level In the west part ot the th the Ely Pally Arrowhead mine-sa- ys, rtlmes. The shaft on the Arrowhead Is ew down 4 feet Ruby sliver la found o B the hanging wall at the bottom of the u -- 100-fo- ot f shaft The Syndicate drift on .the Jevei, which Is In a distance of forty-tw- o c, the rhyo-tiK.feet, has Just passed through now In the the country rock, and is porphyry. It Is the theory of geologists -of this Intrusion porphyry has that the de(caused the deposition of the ore, and out. velopments seem to bear this theory JThe management expects to- strike-th- e tore ledge, that outcrops on the surface, 200-fo- ot - (about July 4. now down to a depth Mjf 215 feet In the Consolidated proper' la- - station haa been cut and a crosscut being run to pick up the ora ledge that Iwas found in the crosscut above on the level. ft vAn Interesting development In- - the Ex vein of talc whlcn tension is the was cut through a few days ago, near fwhh wers found stringers of silver. The ttalc is between porphyry and quarts for f nations, snd Is the first that has been encountered in the cemp. The Extension shaft Is now down 150 feet and the cross-outoward the ledge east of the shaft Is now la fifty-tw- o feet. 'Jn addition to the work that Is being dene on the properties that have already (been proved, the hills In the surrounding (districts are resounding with the tramp rot the prospectors' boots snd the thwacking of their picks Everyone in the camp 8til! retains his original enthusiasm and In the mines confidence ' The population of tbs Arrowhead. Is 'eadUy Increasing. i the shaft With As 100-fo- ot JiA -- six-in- ch Prevail Among Quiet Most of Stocks; Prince Con. Gains Some Strength i Trading during tha month just closed upon the Salt Lake Stock and Mining exchange amounted to a total of 2,119,412 shares, valued at $358,647.82, as compared with a total of 2,289,100 shares, valued at $414,861.25, for tha month of May, Yesterday, quiet prevailed 'among moat of tha stocks, so that only 35,600 aharea, valued a( $4060.25, were traded In. Prince Consolidated, one of the most active traders of the day, held strong upon the opening. As selling progressed, strength was gained, with the reault that the price, hose from 30c to a close of 33c. Expensive stocks were almost totally dormant. Two hundred aharea of Cardiff were sold at $1.35 and 150 aharea of Tint! a Standard at $2.95. Silver King Consolidated rose from an opening of gl.42Ms to a close of $1.45, with trading in $00 aharea. Of tha cheap atocka, Emma, with 7000 shares, was the most active. Most of the sales were made at. Stye, with the close at Sells, with (000 shares sold, fell to a dose of off from an opening of 5c. Tar Baby sold at 4c, Zuma at 18o and 17c and Lehl Tin tic at Sc, Iron King at 12c and Iron Blossom at 27 o and 28c. Quotations follow: 8c.. 6c listed stocks. 1 L BONDS marks and ether lEVESTr.TERI J. A. SECURITIES IIOGLE Hi Malntt. SALT LAKE Waaatch 77 fi CO. Eceloo Bldg. OGDEN Tl. f22 July 1, $ 500,000 $ 500,000 $ 500,000 $ 500,000 $3,500,000 ...97 July-- 4, .98J'.a 1928 .......96 1927 ........... .95 July July July .95 (Add Accrued Interest) I PER CENT ' SECURITY 1 A The net tangible assets of the company applicable to these bonds total $32,776,424.70, or MORE THAN $4000 SECURITY FOR EACH $1000 BOND. OF THIS ISSUE. As additional security the company agrees to main-tai- n . current assets equal to at least 400 per cent of all liabilities, including this issue. . one-quart-er EARNINGS MORE THAN FIVE AND A HALF TIMES INTEREST REQUIREMENTS ON THIS ISSUE Ore ) 6' , L Net earnings, after liberal allowances for maintenance and depreciation, and after payment of Federal tixes, are officially reported to have averaged, for the four years ending February 28, 1920, $3,123,943 per annum, ON which is equivalent to MORE THAN 5.6 TIMES THE MAXIMUM INTEREST REQUIREMENTS THESE BONDS. The company was organized in 1891 and has grown steadily to where it is now one of the largest manufacthe total beet sugar output of the country. turers of beet sugar in America, producing more than It owns and operates fifteen large sugar factories in Utah, Idaho and Washington, all of which are included in the mortgage securing these bonds. $ one-tent- h r I - Because of the wide margin of security behind this issue, and the great earning capacity of the company, together with the? unusually high income return, we recommend these bonds as an exceptional investment opportunity Subscriptions may be wired at our expense, subject to allotment and prior sale. Bonds are offered when, as, and if issued and subject to approval of counsel. WALKER BANK BUILDING, SALT LAKE CITY, UTAH. Our trading department trades actively in execute orders in any market. ...... ........ ........... v.. Aagll Bid. (Asked. ...h.T 28 425 84 220 108 110 28 140 . ....... .... .... ....... ...... Buckeye . Cheaebroogh Preferred ... .. Cootlneetai Creeceot . .... Camber la ad Eureka .... eld Galena pfd.... do new preferred do cemmw . Illinois Pipe Indiana Pipe National Traneit New York Transit Northern Pipe Ohio 99 t.. ..... ........... ' Oil Inter! Pete Penn Mer Prairie Oil .................... ...... Prairie Pip Solar Refg era Pipe South Penn S W Penn 011.".r...64gAo-.- . Standard Oil California. Standard Oil Indiana Standard Oil Kansas Staadard Oft Kentucky Standard Oil New Park.....,, Oil Ohio. Standard Preferred r Oil Nebraska. Standard Swan A Pinch. Colon Tank Preferred w. ....... . .... Vacuum Washington ........... OPENING SALES. 250 at c. Cardiff, 200 at $1 85. 2500 at Emma. 4500 at Iron Blossom, 100 at 27c; 100 at 28c. Iren King. 100 at 224c. Uhl Tin tie, 500 at 8c. 1000 at Michlgan-Utab- . New Quincy, 2000 at 5c. North Standard, 1000 at 414c; 8000 at 4c. e. Opohoage. 1000 at 1000 at 81c; Print, 800 at 80c; 200 at 100 at S14e; $00 at 82c. SUrer King Con., 100 at $1.42; 200 at 81.45. Tin tic Standard, 150 at 52.96. Zuma, 500 at 17c. ' CLOSING SALES. Alta Coannlldated, 2000 at 8e. Cardiff, 100 at 91.85. Hamburg, 2000 at New Quincy, 2500 at , 700 at 83c. Prince. 100 at Sella. 1000 at 1000 at 4000 at $e Tar Baby, 1000 at 4c. . 1 Tin tie Central, 1000 100 600 at 18c. Zuma, Albion. 6e. 6c; 9c. 80e; 2e. 9e. 9le: 5e; 5e; 90 90 44 150 88 26 158 ....... ...... .......... 24 475 86 280 108 115 0 150 101 - 95 48 156 88 26 167 92 98 985 88 290 84 42 45 870 850 198 825 -- 115 --270" 206 850 120 88 812 670 540 870 890 64 807 655 620 800 885 420 102 420 70 107 M 876 27 440 405 450 90 110 97 880 88 METALS. NEW YORK. Jane 80. Copper, dull; Jane, Jaiy, 18c; August snd September, 10i(liic. Iron, .steady, unchanged. Tin, easier, spot, $48.50; Jane, $48.25; Jaiy, $47.60 Antimony, 7.75c. spot offered it 8.00c. Irtd, nominal;Boot St. Louis dell vary spot, Elnc, qnlet; We will buy, sell or quote and , 16; vest calves, 25 to 60c lower thee yesterday morning. Hogs Receipt. 18.800. Opened 10 to 20e higher; ekmed steady to 10 cento lower than yesterday; possible top early, $1680; late, $6266$ J Sheep Receipts, 24,000. Mostly $1.00 lower; spots. $1.50 sod mors down; prime Idaho lsmbo, $1660; top native lsmbo, $1600; bulk better grades. $14 50615 50; eulls Umbo, $8.0068 00; native ewes, mostly $6006650. and breeding ewes, $8.0068.50. V. Special to The Tribute. Re- NORTH BALT LAKE, aod celpts. 118. Market, 25c me sod butchen demand. stock in heffen good FOedcn. no demand. Choice Steen. $8 750 steers, $8.753 8 75; fair steers. l(c, 1$ 75; good choice cows and heavy heifer., $8,754(7.75; Before tlm eon market began to rlwv voak-s- o $7 75a8 Si; fair to good cows and- - heifers. n good deal of covering on the part of $4 75(7 75 ; rntten. canoe rn. $5 86 4 25; short took plan, vttk eastern shorts tending. 88 26WS.T5: fat balls. 85 75 68 25; bologna In tbla nu section, anxiety regarding possible bsllu. $4.7565.75; light veal calve, $10.75$ development of black mat In tbe spring wheat 18 25. Subse-i bolt appeared to have bees a factor. Market, 15c higher. Hogs Receipts, 114. quently, hovever, bearish nevs predominated Strong demand. Top hogo, 175 to 260 pounds. and some of the blggeat longs got rid of tbeli $14 85616 15; bulk of sales, $14.40614 80. bolding rather than submit to aa feeden. $10 006 11 00: good drivt-l- a hogo, 175 month Inspection of open contract. Excellent to 250 pound. $12.85614.15. weather for rots growth added to the aelltog Market, steady. Fair 8lmep Receipts, noon. in on the market, and so, too, did liberal demand for fat evas and feedet rvn. Lamb, notice of railroad embargo slow. Choice spring 'lambs. receipt, as veil a Toledo. $12.00613.00; Besides, new order hen oad coot of choico yearling, shorn, $8,606 lO.pO; fat wethfrom tbe taterirate com merer commission gar ers. thorn, own, fat shorn, $5.00 $7.0068.00; better ooourance of pa otbqnate supply of ran 68.00. to move gnia from nupl stations r Oats paralleled tbe action of corn. . OO DEN. rop reports were feaeratty aD.pielou Provisions eased off vith grain. Changing Spaeisl to Tha Tribune. to tht September delivery constituted the balk 50. Cattle Receipt, 854. Jana OGDEN, of the basloeas. Choice heavy Steen, $1600611.50; good Steers. RANGE OF THE LEADING FUTURES. $0 0061600; fair steers, ebotro $7.5068.50; feeder steer, $7 0068 50; cholc cows- - and and heifers, $8.5068 50; fair to good eow Corn helfen, $7.006600; cuttorm. $4.506600; can-arr- s, July $8.0064.00; c holes feeder cows, $5 506 BepL . 650; fat bulls, $5 0065 26; bologna bp 11, Oats $4.0065.00; vrsl cslvso. $10.00613.00. July . Hogs Receipts, 8. Cholc 1st hogs, 17B to Sept. , S50 pound. $14.40614 50; bulk ot sale, Pork $14 86614.80; feeder., $10.00611.00. July . . . Sheep Receipt. 102. Cholc Umbo. $12,006 BepL 1$ 00; wet hen, $7.006 8 00; fit wes, $6006 1 7.00; feeder lambs, $10.00611.00. Cx. Jnlv CHICAGO. Jane SO Month-en- d nqnMatiett brought a boot derided weikeres ip grain prices today,- eftey there had first been a general upto 810 net turn. Corn rlosed heavy, lover, vith July l 72! to It 78 and Septemc to Oats lost ber $t.Ml to 11.80. gad provisions 12 Vic to d7Vr. 7 - . BepL Ulbs July . Sept. . Wheat Con . No. 2 red. 2.74 No. 2 mixed. $1.78(91.77'; No. $ yel- 00. - " 's' FOR RENT. A Few Desirabi.' OFFICE ROOMS .ill th. ATLAS BLOCK Reasonable rates. t In jihe heart of the business district ; . Room 411. Wasatch 3041. STORE SPACE IN Walker Bank1 Building 12.45c. The market for spot coffee woo reported too Irregular te quote, but local dealer reported A ml ot Rio 7s in the cost snd freight market for August shipment St 15e. Loudoa credits, and offer of Rio 7e at 12.55c, Americas credits. Second Offer of Bantos 8a and 6 were quoted at 17.85c, American credits, Unt of For Rent : South street. Just off Msla, oa trsTst to now true postofflca NEW YORK PRODUCE. NEW YORK, Juns 86 Butter, easy; creamery higher than extra., 4814680c; creamery extras.., 58V658e; creamery ft rata, tmensoged. Eggs, Irregular; fresh gathered extra firsts, 47648c; fresh gathered first, 42648c. ( heme, . firm ; state shole milk twins, cur-re- at make specials, 27!627c; others am changed. Live poultry, steady; broilers, by express, 456 87e; dressed poultry, steady; fowls, fresh, 256 42c. f Inqulro 12 Walktr Bank - Bldg. Spot Cash Paid for Silver, Ores, Bullion and Nuggets Wo refine and purchase anything con. sold, silver and platinum,. Tn th forms of ores, concentrates, sm&lgsm,' Juno CHICAGO, Butter, weak: DENVER. bullion or nuggets. Ship to uo by mall y. 44658Vie, Special to The Tribune. 0 cases; first, or express and receive the highest spot higher; DENVER, Colo., Juno 80. Ckttla Receipts. 38(f Ibo: ordinary firsts, 846$0c; at mark, raaea cosh value by return mail. Nothing is 100. Market, steady. Price use banged from Included, 87688c; storage packed extras, 41c; too largo or too imsll for us to hondlo , snd wo will return your goods within 1$ yesterday. storage parked f lists, 41 Vic. . Hog Receipt, 700. Market, steady. Top, Poultry, alien, unchanged. days If you ore not satisfied. You will $15 80; bulk. $16.0061646 Lotor th provision market raced ed a a bo pleased snd gratified ot the prices wo of weakness that developed In grain, Bheep Receipts, 800. Market Steady, prices pay. Old Jewelry, false teeth, watches, unchanged from yesterday. ! etc., also purchased. The Ohio Smelting r "" KANSAs erry produce.- 6 Refining Co., 281 Lennox Bldg., Clove, - KANSAS CITY.-HKANSAS CITY. Juno 80. Butter, agfi land, Ohio. - Bank Referencoa (Adv.) Juno 50. (United sad poultry unchanged. Mo.. KANSAS CITY, Btatrs Bureau ofMrhelu.) Cattls Receipt. 7506 All classes, alow; beef stern, steady to POTATO COTTON MARKET. 25c lower; early top. $18 35 1 bulk, $11,756 NEW YORK, Juno $0. Cotton future opensd CHICAGO, June $0. Potatoes, weak; receipts, cattle no sal; 20 cars; eastern cobblers, $1000611.28 15 00; around lftflO guonntla barrel; bsraly stmdy; July. 87.80c; October, 88 15c; butcher stock, steady; bulk. $65068.50; pood southern triumphs, sacked. 85.8065-8cwt. December, 81 85c; January, 81.18c; March, cannon, mostly $4 00; veal calves, weak to 50c 80 87c. ., oil Up, $12.50; ' MARKET TO CLOSE TODAY. lower; balk. $10.5061L80; Future closed steady. STSOe; Oct, Jsly, other dames, weak. bee, 88 die; December, 81.80c; January, 81.25c; LONDON, Juno 80. Th stork exchange and March. 80.80c. Hogs Receipts, 8006 Market geosrslly 25 640e higher; top. $1618; bulk, heavy sad me- th silver market boro will b closed tomorrow, Spot Mttso, quiet: middling, 1675c. dium. 816 8061610; bulk, light 415.50618 85. Cot too closed steady at a set advance of St Market, unevenly INDUSTRIALS. Bheep Receipts, - 8006 to a Oralis d 18 points, with Jsly relaAND RAILS potato weak to 25c lowsr. Top native lam he. $15 50; Co.) (As Reported by J. A. Hoglo tively firm. balk, rood and ckokce Umbo, $14.80616.00; Tmdoo Oliver. 52d. off V4d. call. $7.006156 The Royal Dutch company has declared a NEW TORE, Jan SON Raw ongaf, atesdy) . dividend of 45 per rent. sales, 86000 bags wlthont port opt loss; 4 CHICAGO. Steel bow moa stockholder I ollid State 18 Sic; refined, steady; ftao frsss la led. 23 00634.00c. CHICAGO. June 86 (U. 6 bureau of mar- 87 228. gain In last quarter of 8846 Baltimore A Ohio deolarod regular, preferred The etesdloera ta raw led to ecatterad cover-takets report.) Cottle Rorwlpu, 11,000; slow to a d trade kuylag In futurea with pries at anovoaly lower; many a teem and butrker stock dividend of 2 per rent, payable September 1 sens 5 to lOe higher, 24 to 80e lower than yesterday's general trade. to Stork of record July 17. Earekk Pip Line declared dividend of 8 per huger fntare closed fins; rales, 1500 tana Top steers. $18 88; bulk, $18.0061600; moot of rvcoid Jnlv, IT 17c; September, lT.23et butcher raws. $7 00610 80; Miners, fairly rent, payable Aagnat 3 to stock December, 18.80c; Jansary, 1$ 80c; Much, 12.10a steady; bulk, $63564 75; balk bolagaa belle. July 18. :. tmlnln cream- - receipts,-18,42- -- it XMikMsmttfyrEAng er '1 g M, t. t FUTURES. 80. t. '' COFFEE NEW YORK, June 80. Tha selling movedient e which has been la progress in tbs market futnreo here since the beginning oftbu week became mors active and excited today, owing to u further big break In Brazil, prices reached th lowest levels touched alscs t change woo reopened after tpe signing it the armistice, with September contractu oelnag at 11.75c. or liq potato below tbe closing price of yesterday. Tha general market opened at a decline of 6 to 11 potato, nod th loarest showed I net loos of 88 to 110 points. Thor was trade level for buying akd covering below tbe September and later deliveries, however, and last prices showed rallies ot 46 to 50 points from the lowest, with September closing at 12 35c. Tbe general list closed t a Bet decline of (18 t 80 point, Closing bids; Jsly. 18.00c; September, 12.35c; October, 12.27c; (December, 12.81c; January, 12.84c; March, 13.40e; May, CHICAGO PRODUCE. -- low, $L 77($1,78 V. Ontfr-- No. 2 whit. $1,10101.16; No. $ T.26e bid. white. $1.07! ($L11! TOTALS.' 12s M; plec- - e Sytr-F- A, At London Spot, copper, t,'1H-- . Number of iharea arid, IdiOOOjT 88; alac, (rolytlr, AIM; tin,' 245 5a; lead. Barley. $1486153. 40 104. Selling ralue, 14050.26. Timothy seed, $10 00612 OO.00.-- Clover seed, $25.00635 MONTHS TOTALS. Pork, nominal. FOREIGN METAL MARKET. , Mpalwtaf aharea sold-- 2414T4agr " -- 120 5a yTis Tirportcd by . Selling ralot, 5S58.647.S2. Rib. 117.006 15.00. 8d Standard. spot, Copper market, firm. 10s. up 16a; futures. M. JL Sales: np NEW YORK MONEY. noon; futures, 800 toss. FLAX, OATS AND RYE. KEW YORK, Joat 30. McrcaatUc mm, TV. Spot, MINNEAPOLIS. Mina , June 80. Floor 85c 101; both Electrolytic-- '' a pot, ' 88; futnreo, per cent. carload lota, family patent quoted St Unchanged. , Inter. Ip Mils, $8 M ; eaanacrrlal SO-Urllf 248, of cotton sack. Tin, steady. to; futures, ,$18 78 to $18 80 8 barrel la'88-ib- . Spot, blllk o banka, $3.8V; romm.rrlal 258 10s, off 1 10s. 251, np 15a. Straits, $51 00. Bnn. bill., MSS'; domaad. H.M$: cabin. Sales: Spot, 40 tons; futures, 100 tons. Cash No. 1 northern. $2.1062.80. Whaot Franca Doaand. 21e: cabin, 8 ZV. , 40 10a; fntnran, 4$ Spelter, firm. Spot, Corn, $1.8761 80. Brlalaa fraara Demand. $.Mc; cabin, 8 Me. 10a; 1. both np Oat. $1 07(4 61 Demand. Guild. 85.66c; cabtra.86.47e. -84 firm. lead. Spot,' 33; ftrinraa, 5s; Barley. $1.1861 46. Llro Droiand. 8.82c; cabin. 6 84c, X $2 04! 6210!i. both np 15s. Ryo-- Ne. Marka Demand. .2 c; cnblea. 2 6le. Flos No. 1. $8 8163 4. Nev Tork tsekangn .a Montreal, 12M --HI A LONDON MONEY. east discount. . EVAFORATED FRUITS. LONDON. Jane 80. Bar silver 624 per onaes. Gmk drachmas, $.06 per dollar. NEW TORK. Juno 80. Evaporated apple, Money, 41 per cent. Government bonds, steady; railroad hoods. Dieronet rate- - Short bill.. 6 per cent; throe dull: prune and tpricoU. firm; peaches, steady; Time toons, strong; atl dates. '81 yor cent month blllo, 4 il l per rent. ral.Ua, ac.rca. Call mnay, strong; high, tt per rent; low, ' I per cent; rollng rata, 8 pee rant; closing , , SILVER LINSEED. MARKET. bid. (4 pee cent; eHeredtt 16 par rent; loot loan, NEW YORK, Juno 80. Bor Oliver, domestic, Juno 86 LUaoed, $8 MO TIULCTH, Mis., 15 per coat; bank acceptances, 6 4 par coat. 8 8L MVc; foreign, 81c; Mexican dollars, 48e. af V. at 17e; PHONE WASATCH 5888 OR 5889. and other sugar stocks, Utah-Idah- o STANDARD OIL STOCKS. fAs Reported 6 J. A. Hogl A Co.) ,Tpectai to The Tribune. 1 T. . ............... rriuniph Mine Crosscut Will Cut Vein at Depth Berlin, June 30. One of the very few German Industries that may be said to be flourishing is ths potash industry. The j production of this raw material and Its 'derivatives is entirely In German hands. . and the demand for it both at home and abroad Is constant and eager. One company haa made during the last fiscal year a-- ' record net profit of 4J,00,040 marks while haa made nearly 18.000,000 99V4' 98 : 98 97 ........... 600-fo- ot t 1921 1922 1923 1924 1925 July 1, July 1, July 1, July 1, July 1, .... J! I T 1, .............. PThs board of directors of tlje North ndard Mining company haa called a Special stockholders meeting to be held at the companys offices August 21 at 39 p. m. A report of the development sad physical canditkm of the mine win be made and a complete audit of the (books made. I Sinking of the main working shaft has Imost reached ths level, according to J. H.Manson, general manager of the company, who was In Salt Lake yes present, no work Is being terday,on 640 level, but the company pons resume work at their depth ihxpects in the leir future. 'f--- 1 These bonds are secured by a closed first mortgage on all the plants and equipment of the company with the exception of a $600,000 purchase money obligation on the plant at Delta, Utah. low-gra- de Special Meeting of North Standard Company Called German Potash Industry r Said to Be Flourishing January 1, and July '' COD a'et ot on ly ALL TO YIELD APPROXIMATELY - TONOPAH, Nev., June 20. Tonopah Belmont Development company reports for the first quarter of 1920 gross value exof production $419, 15. Operating penses were $318,488, and operating profit $100,528. Miscellaneous income increased this figure $3912, and dividends received from the subsidiary Surf Inlet gold property in British Columbia added $104,440. This is at the rate of $817,760 per annum for 1920, against $569,800 for 1919 and $557,983 for ten months in 1918. STie respective earning rates per share Of outstanding stock are 65 cents, 38 cents And 37 cents. (eCash assets aa of March 51, 1924, totaled $.35,171, consisting of receivables 244.927, IJberty bonds $22,250, and cash $67,1134. Current liabilities are not stated. The quick assets as of December 31 ag- r eg ted $315,984, comprising receivables, 72,754; cash, $49,848, anl ore on hand, 42,882. there Against this, however, Weld current liabilities .amounting to 120,530.' so that excess net quick ere $120,890. , 1000-jfo- semi-annual- v SAN FRANCISCO MINING STOCKS. (As Reported by J. A. Bogle It Ce.) Bid. I Asked. Coldfield district , - I .01 $ .03 Atlsits wOa .05 Roots .01 Rise BeU ,02 ..... .01 Con bleat toe Fraction ..... ,03 .02 Daisy .01 lHamoodfield B B , IT . . . yiorencs. .00 Goldfield Coe .Ot krwssis Jamba Extenaioa ,00 .00 .07 Lone star Minas .01 Merger .07 .00 Stiver Pick Cos.......... .02 Yellow Three .01 Manhattan district .01 .03 Manhattan Coeaoildated ... .11 .00 White Cape .01 .02 Graadma .02 .08 Spearhead Gold .01 .02 Col Mountain; .00 .10 Cracker Jack .01 Great Bead Comstock district 1.00 Consolidated Virginia ..... .30 Hale A Korcroaa .10 .10 Mexican .80 , Ophlr .12 .14 Savage .08 .04 Sierra Nevada .20 Union , Toeopsb district .08 .07 Cash Boy- .01 Gtpay Qoeee .15 Jim Batter .15 Halifax !oo .07 Midway .. .08 .07 Moa Pita. Kxtenstoa .10 Montana .18 Ml ayah Bxtensioe .28 MscNsmara .. .04 North Our .10 Rescue Enla 1 OS Toeopab Exteosloa 1.25 West Bad Other districts .01 Nevada Hills 20Boned Mountain . .05 .00 West Toaopah 1.14 MO Divide .45 Croesus Tonopah Belmont Report r Shows Larger Earnings POCATELLO, Idaho, June SO. The old (Workings on the Baltimore vein on the fS rlumph property on the Wood river.were Centered last week for the first time In Rhlrty years The vein was found Intact End samples showed thirty-nin- e ounces of krtfver, 20 per cent lead and 18 per cent rlnc. The depth of the present discovery 1 only about sixty feet from the surface. iThe vein will be crosscut from a level and very rich ore and a wider J vein are expected at that level. $500,000 $500,000 $500,000 $500,000 $500,000 this first shipment the As development work prog-essore exposures are improving and showing eerv Indication of perslstonc:, according to reports from tne mine. - , T MATURITIES AND PRICES Colum-bus-Rexa- er . - . at Bankers Truft Company, New York City.' to $500" and$H)00, coupon bonds registetable as principal. .Redeemable at 101 and accrued interest " I on any interest date, upon sixty days notice. Interest payable Returns from the first three carloads of l! ore shipped this season from the mine, a total of 98.7 tons of netted the ore, dry weight, company, after smelter, freight and sampling charges were deducted, a total of approximately $3040, or $1000 per car. Inasmuch aa this shipment, which netted the company slightly better than $30 per ton, is believed to be somewhit be low the average of the ore be'ng bioken anil slurped at present, officials were pleasantly surprised with the returns on i I' j- . Due serially $500,000 July t, 1921, to 1929, Inclusive, and $3,500,000 on July 1,1930. Dated July 1, 1920. Value Holds Up Well 'EUREKA, June 0. The first ship intent of ore from the Eureka Bullion mine had been made. A carload of aiUer-lea- tf ore, approximately forty tons, was billed from Dividend. The shipment was taken from a raise from the 800 level. During the last month one miner has taken out an average of 104 pounds of ore per day from the raise. Tiand sampling of the shipment which was made indicates that It will run from IJ5 to $45 per ton In value. I Work will be continued In the raise on tie ora and while It has not been opened UP sufficient to warrant the statement J.. mat the Bullion will be a regular-shippfrom now on, H- Is believed that shipments will be made from time to time hereafter. Development wprk on the 00 level has given the management a good gauge of the formation and further prospecting on this level for the present will be discontinued. A winse sunk several hundred feet down from the 00 level will now be used and. drifts run over to open at depth the ore shoot from which the shipment was mined. It haa Just about been determined by the management to drift on the 925 level so as to keep fairly close to the ore and eliminate as much as possible the chance of getting off the track of the ore from faulting or dipping. t - Development, of the asbestos showings owned In Albany county, Wyoming, ap. es northwert of proxlmately twenty-milWheatland, by locsl men J. A. Peterson, J. B. Davis and A- - J-- Mcdenahan Is being carried on steadily With excellent results. Word received recently by Mr, Peterson was to the effect that In stripping tha vein the deposit of asbestos surface the vein widening rapidly. On the was only a foot wide. - Now the width ; said to be thre feet. Samples have been received by Mr. Peterson. Several of these have been sent to asbestos manofacturen , for examination. run As soon as possible an adit wlH-- bd to cut the asbestos showing at a depth of 300 feet, according to Mr. Peterson This depth can bs attained on the vein with considerable expediency, because of the fact that the vein outcrops on a Cliff which stands on the edge of a Viver. By running the adit from the water level it can be readily ascertained whether ths mineralization persists The demand for asbestos la excellent, A according! to Mr. Peterson. fiber product sells for $1 per pound and slightly better product for $1.60. One square yard of pure asbestos cloth sells for $20 per square yard, while a lower grade, used for gloves and theater curtains, sells for $6 per square yard. The weight of one yard of asbestos cloth of this pounds. grade weight two and New uses for asbestos are constantly Is found. said is It that it being practical to construct airplane wings of asbestos cloth. This lessens the danger of tha machine being- - destroyed by fire. Asbestos suits for aviators " art also being , , made. f Columbas-Rexa- ll ; fEureha Bullion Makes H - First Shipment of Ore r ' Depth Is Attained, Width of Mineral In Future Bright Level Fol " I? ft lowing Rich Ledge; Main Shaft Down 242 Feet nDrift on First Mortgage Serial 1 Gold Bonds l |