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Show DAILY UTAH STATE JOURNAL, Mines and Mining Adjoining States A C OCF CENTENNIAL SHAFT IS OVER 2,000 FEET DEEP on The main shaft will of TInUc depth of 2,060 below Bert Holden, managing yarch let, aaid return from camp on his director, yes-terd- IN ay affording the morning, this on company a total depth of 2,750 feet of the below the or apex the formation thla depth the Eureka peak. With content Itself for least at will company horizon and that between ae a period, to which the latter level, 1,400-fothe fathoore bearing channels have been afford It med. virgin territory will for development for abundant room indefinite period. Mr. Holden says he has never seen the bonanza when were so proita volumes of wealth nounced as they are at thla time and on the 1,400 yet the big disclosures level, which Is at a depth of 1,(50 feet below the collar of the shaft, is but an artery from the main channel. Meanwhile the output at this time Is approximately 200 tons daily, the quality such as dividends are made of. With the new ore bodies in the Bingham system of mines and the unprecedented volume of wealth in the the new year is an as8. interests, this emU. suring one for behavior of the fur the phasized by naces and the Increased output of bullion upon which the month Is COMPARED WITH OTHER STATES IT LEADS. Capital Now Leaving Industrials snd Staking Investment in Mines Utah's Deepest Shaft. ot u TRYING TO RAISE MONEY. dispatch from New Tork says that the directors of the Greene Consolidated Copper company .held a protracted meeting today to consider a plan for raising new funds to meet the needa of the company. While the official announcement is delayed, it Is understood that a letter will be drawn up to be sent to stockholders making the proposition to issue $2,800,000 convertible bonds and to authorise the issue of the stock necessary for conversA ion. This property Is situated in Cananea, In the state of Sonora, Mexico, and a few the years ago was considered one of greatest copper mines in the world. Litigation and mismanagement have practically ruined It for the time being. With sufficient money, however, and the right kind of men to see that It Is properly expended, there is no can again be made a large doubt It producer. PRICES OF VARIOUS METALS. Silver sold at 69 cents per ounce on January 15, 1904. On this dap platl- num was quoted $19 per ounce; copper, li cents per pound; tin, 29 2 cents 1-- per pound; lead, 4.45 cents per spelter, 4.90 cents per pound. pound; Nickel are based upon large or there being much or a varfor Instance, leading producer quoted nickel 40 47 cents per pound for large quantities down to km lots, but for any less amount up to 0 cents per pound was quoted. Antimony Is quoted at 6 cents Per pound. Quicksilver was quoted at 14450 a flask In large lots. Aluminum M27 cents per pound. Bismuth k quoted in New York $2.10 per pound. Forro tungsten 3738 cents per pound. quotations mall lots, iance, as l-- 47 Manganese $2.75 per pound. Molybde-"uthe best grade, $1.82 per pound. Tungsten, best (2 cents per pound. GEOLOGISTS The m, IN MEXICO. The Suit Lake Mining Kcvlew of recent date suys: The director of the mint hua made public, has annual statement of the approximate production of the various states and territories for the year 1903 In gold and silver values. Of course the returns are not all in and complete, but the showing made by Utah and some of our sister states is most gratifying. For instance, the output of gold and silver by Utah mines totaled divided between the two metals as follows: Gold, $5,364,599; sil ver, 38,100,000, being an increase of 34,130,000 over the production of these metals by Utah for the year 1902. The increase waa divided as follows: Gold, $1,470,000; silver, $2,360,000. During the year 1903 Idaho mines produced 35,982, 183 In gold and silver $2,067.-18- 3 bein In gold and 33,915,000 In silver. This state also shows an Increase for the year 1903 over the previous year, as follows: Gold, $592,000; sil ver, $812,000. Next In line comes Nevada with a total production in gold and silver of $6,852,227, of which amount $3,575,227 Is credited to the gold output and $2,276,000 to silver. The Increase Is given as $681,000 gold and $391,000 silver. Colorado decreased $6,428,000 in her gold output and less than a million in silver. Montana maintained its gold output of the previous year and added an Increase of $245,000, but decreased her silver production to the extent of $1,619,000. Washington shaws a small decrease in both gold and silver production. South Dakota fell off In gold production to the amount of $4,076,000; and Oregon, In this metal, also decreased to the extent of 1452,000. Arizona ia not mentioned. From the foregoing it will be noticed that Utah made the greatest aglns In gold and sliver production during the year 1903 of any of the intermountain states. WTith the gains in copper and lead production added, it will be seen that Utah has not been inactive, as far as her mining industry is concerned, during the past year, and It is a gratifying fact that the outlook for the present year in this regard is tinged with a most rosy hue. 1 WAS GOOD YEAR FOR THE COEUR DALENES production was about 33 per cent It is nearly 20 years since the Coeur dAlenes was discovered and the history of the district since that time has been one of steady progress.. Whatever the general conditions of the country may have been, the riches of this great treasure house have been poured out year after year, with only temporary of mining operations. Interruption men have been given of Thousands steady employment and a real depression Is something the Coeur d'Alene towns have seldom known. 1- -2 C The year 1903 has taught some wholesome lessons to the people of the United States. Never before til Its history has there been a year similar to that of 1903. Prominent Industrial stocks depreciated from 50 to 100 per cent uml still the real prosierity of the country continued. These concerns which were floated at greatly inflated valuation depreciated to a point somewhere near their normal value, and although the Investing class lost heavily as a result of buying stocks, promising returns so large in many cases as to give rise to a suspicion that the investment was unsound, still the great Industries of the country which were founded on a conservative and business-lik- e basis, continued to prosper. With all of the enormous shrinkage in stock values. It Is noticeable that there have been few failures among comparatively firms large doing business on conservative lines. It has been the middle class that has lost heavily. It was their money thut helped to boom such concerns ns United States Steel and the United Shipbuilding company these being notable examples of thut class of securieles. As a natural result of this collapse of inflated industrials. Investors who are not contented with a small percentage on their money, are looking toward the ed Mens Mens Mens Mens Mens $ 9 Suits $ Suits Suits Suits Suits $ $10 $15 $16 $20 7.20 8.00 $12.00 $12.80 $16.00 Mens Mens Mens Mens Mens $2.00 Pants $2.50 Pants $;i.60 $2.00 $2.40 $3.20 $4.00 $3.00 Pants $4.00 Pants; $5.00 Pants Z. C. M. I. BODY BLOW FOR Do you want good, reliable INF HUB SPORTS Muslin UNDERWEAR? GOODS THAT WERE NOT BOUGHT FOR SPECIAL SALES. WE HAVE PLACED OUR ENTIRE STOCK OF DEPENDABLE MUSLIN UNDERWEAR AND EMBROIDERIES ON SALE AT PRICE3 WHICH WILL IN. TEREST EVERY LADY WHO SEES THEM. NOTICE THE WORKMANSHIP, QUALITY AND STYLE AND COMPARE WITH GOODS BOUGHT FOR SPECIAL SALE8. OFFICIALS OF BEANTOWN PUT THE BAN ON BOXING. Fistic Exhibitions Which Wsro Scheduled for this Wsek Havs Been Postponed. BOSTON. Feb. 1. The action of the authorities in arresting the principals In the recent Choynskl-Ha- rt fight has put a damper on boxing In the llub. The Tammany Athletic club had a mining Industry as furnishing the mort promising field for legitimate In- show scheduled for tonight and several vestment. Engineering and science other events were to le pulled off this have taken mining out of the realm of week, but It la probable that all will be the speculative and placed It where deferred until something more definite it properly belongs In the clnss with and elcouraglug Is learned regarding the best Investments which the devel- the future attitude of the city offlclnls. opment of America affords Mining The game will probably be kept going, however, at Cambridge, Marboro and and Scientific Press. other nearby jiolnts so that the Boston CONCERNING MINING sporting fruternty will not he deprived IN THE PHILIPPINES altogether of their fistic entertainment. A Washington dispatch says that the representatives of American capital who have been Investigating the chances for Investment in the Philippines are generally dissatisfied with the conditions in the archipelago and have notified the congressmen that something must he done before capital can be Induced to develop this oriental acquisition. The lifvestors complain that the laws passed by congress governing the Issuing of franchises, the disposal of public lands and the opening of mines are entirely too rigid and exacting. Certainly If thla country expects to Induce capital to develop the Philippines very favorable laws must be enacted; laws more favorable than those which exist In our own country proper, where conditions are determined and commercial facilities established. The material resources of the Philippines If developed must be develand Americans oped by Americans, cannot be expected to do It without the encouragement of favorable legislation and a strong support from the A CLARKS 2356-236- 2 Washington Avt. Riverdale or Phoenix FLOUR i Indian teachers taught us how to grind and hake maize (Indian Corn), hut Improved and modern methods enables us to furnish you with such a desirable wheat Hour as the RIVERSIDE or PHOENIX, thnn which there Is none belter at any price, few as good at a higher figure. Made by REAL ESTATE FOR SALE. Sealed bids will be received by the Board of Education of Ogden City for the property situated on the southwest corner of Grant avenue and Twenty-fift- h street. In said city, The said property being about one hundred and twenty-fiv- e (125) feet west, by one hundred and thirty-tw- o feet (132) south, beginning from the said corner subject to a right of way on the west of ten (10) feet In width, by one hundred and thirty-tw- o feet In (122) depth. All bids must bo presented at the office of the clerk of the said Board, room No. 404, Eccles Building, Ogden City, on or before 8 oclock p. m., on Friday, February 5th, 1904. Each hid must be accompanied by a certified check for not leee than one per cent of the amount of the bid. The Board reserves the right to reject any and all bide. Further particulars, If desired, can be obtained at the office of the clerk. THOMAS D. DEE, President OGDEN, UTAH Ogden Milling aid Elevator Co MMMMMM Ml i TEe Virginia Corner 24th St and Adams A ve. Affords transients and permanent boarders splendid accommodaUonacentrally located and excellent table rates of $1.50 to $3.00 daily, tiff board at jt jt j Phone firs. Ferris, Proprietor. 232-- K. MMMMMM MMMMMMM d. International congress of Geolo- (kta. which met In Vienna last year, hold Its next meetln In 1905' in the City of Mexico. This extraordinary meting of scientists promises to be of murh benefit to Mexico in the same "nner that the visit of the American Jitute of Mining Engineers was. Published proceedings of this trip the mining engineers to Mexico two 80 constitute the most 'complete d facts of Mexican mln- available. LOW GRADE COPPER ORES. Undoubtedly many merlcan geologists will The percentage of copper carried in avail them- ' 01 th, to learn the ores of various mines Is Interestbout Mexico. opportunity ing. It Is marvelous to note the great production of copper In the United WHAT ON C. ROBBINS SAYS. States and from ores that will average but a few per cent of the metal. The knoJ1 f the best following data pertains to the percent ?ne mining men in Utah, spent the age of copper carried In workable ores Ogden yesterday. He ia a of the mines named: In the Lake Suengaged In promoting th perior copper mines, the Calumet ft rn nn con' flelda . of Iron coun Hecla ore carries three per cent copj Robbins says that with the per; Quincy, 1.5 per cent; Tamarack tran"Portation Vt-- h facilities 1.8 per cent; Osceola. 1 per cent: Wol, ,hltVe wlthln lhe net year or verine, 1.1 per cent; Atlantic, but little ,wl doubt active opera-hr- n more than one half or one per cent; In tlon, JJV" tno bB n ,n tht section on a Montana the Anaconda carries about hr diM." ? nd that the t,m 1" not 4 per cent; In Arizona the Copper " tlle Iron products of Queen carries 8 per cent: the I nlted the lta. ume proportions sec' Verde 7 per cent; In California the nj n olber Industry. Maintain company carries 8 per cent 111 1H01. 1 rouserJ'ii 1 The year 1903 was a successful one In the silver-lea- d mining district of the Coeur dAlenes. It was a year of KLONDIKE OUTPUT SINCE THE DISCOVERY uninterrupted activity and the output was large. The production of silver The Klondike discovery was made Is estimated at 5,750,000 ounces, while the lead output was 106,670 tons. The known to the world August 17, 1896. total lead production in the United In 1898 fully 85,000 people were located States in 1903 was 289,000 tons, of In the Klondike and but a small perof those were able to locate pay which, herefore, the Coeur dAIenes centage Dawson now contains a popgravel. The furnished more than of ulation 4,500. The Klondike Is an output of lead in 1902 in the Coeur to the east of the district extensive so that dAlenes was about 75,000 tons, Yukon Klondike river being the 1903 river, In In lead the Increase one-thir- FEBRUARY Sail ami MINING AS COMPARED WITH INDUSTRIALS the Centennlal-Eurek- a have reached a Its collar by MONDAY, its northern boundary and the Indian river Its southern. The region comprises a number of creeks rising In a series of rolling hills, which culminate In what Is known as the Dome, 4.175 feet in height These hills are composed largely of schists, cut by numerous Igneous rocks, and containing quarts veins, which are often The principal creeks are BoEldorado. nanza, Hunker, Gold Bottom and other streams tributary to the SulKlondike river; and Dominion, phur, Gold Run, Quarts creek and other streams tributary to the Indian river. The Klondike has produced up to and . Including 1902 gold-bearin- g. BROWNING BROS. CO. OQDEN, UTAH Fruit Growers Buy Here WHAT DO THEY BUY? Carry the Largest Line of Sporting Goods of Every Description of any House in the Country, and Sell at the Lowest Possible Prices Send for Their Large 154 Page Catalog it is free. Announcement The Pasteur Pain' Company , Bonanza $76,000,000. Genuine Rieser and Eldorado creeks having produced by far the greatest portion of the district's output, some authorities placing the output of these two world's famous streams at $60,000,000. The production Of course for beginners our cheaper of gold In the Klondike for 1903 will exceed 310,000,000, and which proves grades are very desirable. and Everyone who sees our PRUNING the great riches of this far-oSHEARS declare we have the greatest land. most wonderful bonanza Pruning Shears Invites your, inspection of its superb plant for the manufac- ture of Pure Milk Foods. 2446 Grant Avenue. Telephone 27. ff Mistaks. Blunders are sometimes very expensive. Occasionally life itself is the of a mistake, but you'll never be wrong If you take Dr. King's New Life Fills for Dyspepsia, Dlsilness, Headache, Liver or Bowel troubles. They are 25c, at Jesse J. gentle yet thorough. store. Driver's drug A Costly line ever. Boyle Hardware Company JOHN A. BOYLE, Manager. 2455 Washington Avsnut. Satisfactory Tailoring at Satisfactory Prices That ia sxsctly why ws do ho Tailoring Boainaaa of Ogdan. Anderson U.wo'5S-- h 2 i |