Show mood CASH PAID k'&M V' 'GOLD d'- - 4 Many kinds of It direct-shippi- Is started "that about $50000 cash was patd an Initial consideration In the deal1 consummated the past" week u 'R Eccles of Oarden and associates took over control of the old Rye Patch mine in ' Ilumbildt county Nevada and two adjoining properties Lorln Hall of Salt Lake City who found the aPIoma mine in Beaver counMessrs Ray and ty togetherof with inGreenwood Salt Lake Citr was strumental in the consummation ofof this the deal Mr Hall was president Silver Bell and Alpha One of the new directors said yesterday relative to the deal and the property: “With ample funds available it is believed that the famous old mine will be rediscovered and become one of the silver mines in the state of 'greatest Nevada Electric power will likely be used both for the proposed new milland compressors and this will neces& power line a constructing fltate of miles The properties eight located three and a half miles east station on the main fra ofRyethePatch railroad There is ample water on the ground for milling purposes” The new is capitalised at one million company one dollar par at shares value It was organised for the purpose of acquiring the Silver Bell and claims and all of the Alpha claims patented formerly owned by the with Mining company together Bell and the holdings of the silver Mines Consolidated and company Alpha the Nevada Rye Patch Mines company all of which properties adjoin The officers are as follows: I R Eccles president and general manager Fred O Taylor vice president: J II Devine secretary and treasurer W H Scowcroft Jr oil of Perry Joseph Ogden and 8 A Greenwood and C D Ray of Salt Lake City directors Pru-dnti- pr ng at-th- - — v- 100-fo- ot - t - TO NEW YORK Moscow Mining & Milling companyss of first-clashippedoreout six carloads This is about in January lead-silv- 300 tons Most of the ore was The ore was taken from various of the mine which is lofew miles southwest from Milcated aparts ford station The cars bring about 3 800' each making about 35000 gross re for the month This production celpts is compared with five carloads shipped in December and 14 carloads in November A drift is being Bent out to- the west of the new Cullen from the bottom old shaft to pick up the ore $n the'1400-foThis work is on the utworkings level and is considered of the most importance' to the ' company The Moscow was the first Utah mine to enter the dividend list for 1917 It distributed 322500 making a- - total of er - - ot - - the-samplin- g - 40-t- ng on - -- t i Mo- - - -- j j a- - itoeiLStock:''-'-- - ? i ? s j - ft ii-- t pany a c q ' 1 ' t " SsC r a ft V- '- fVS r ft! $ 'It' company owns their own' equipment and no work let by contract—Thus getting This better resmts'? ' : but ' secured W :arej axqniring land wherever it can be only in proven oil fields and 4 - J v - i' j 4 i - a - : ? i Total xesources seaeseeee 1311991000 4 LIABILITIES 8 55725000 Capltal pald in 23333000 Government deposits reserve ac-- v Due to members ' i' V 689878000 count : 101282000 Collection items 11471000 Federal reserve notes All other liabilities 8520Q0 1‘ - - ftv - not4prospects i “ I? jLT V 8881991000 Total liabilities Gold reserve against net- deposit and note llabilities:76' per cent - - - k rv ' - f - - j? -- - ¥ -- A? - stock first sold for lO cents a share It is - now worth $10500 a share and going up- - Our stock is selling at TO cents a sharel It will soon go to 40 cents and at an early date Don t wait It means money saved by buying now Mid-We- st - Secretary 'Daniels appealed to Chairman Tillman of the Senate naval committee to defeat' the compromise legislation to give claimants leases on the navy petroleum ' reserve in California and Wyoming according to local oil men He also sent s statement of objection to Senator Pittman chairman of the subcommittee which framed the compromise' The department of holds many of the claims arejustice fraudulent and the navy maintains the safety of the nation will-bimperiled by the loss of fuel is the local man’s opinion ’“Every capital ship and' every de to burn oil and stroyer is now designed oil only” Secretary Daniels is said to have written to Senator Tillman “and the features of the design are such that it is impossible to return to the use of Under the circumstances ’the coal roblem of obtaining a supply of oil or our fleet is one of the greatest- national Importance The speed of our battle cruisers would: be destroyers and mposslble of attainment with anything but-oiand if this supply were seriousthe pending ly threatened as it-- ' Is-lbillbe brought face to face the consideration of the abandonwith ment altogether of oil as: fuel “The enormous power required to the speed contemplated in' our bat calls for an expenditure of tie ' cruisers oil immensely "greater than anything dreamed of ana that has been: "it is therefore of the highest importance to the nation- that the oil In these lands be reserved fqr the use of the navy We do not1 want Ythe value of the oil the oil that but we want to- preserve we may be assured of a supply for our we to be - placed in ships and - were of such a position inferiority as we would-bif forced to abondonthe use of oil the condlton would be one of national humiliation’ the According to this oil manwide has ' causedappeal of Secretary-Daniel- s comment among the stockholders of the in Salt' Lake and American to ' the fact that theowing vicinity American Oil company’s 'holdings adoil the government’s-withdrawJoln In Wyoming The machinery house of this company is located' on government land and the down lslnathe is now well that acres adjoining corner ' "of forty' going the withdrawn land and this 'well will deoil land at the the velop same time government it does the American ' Oil holdings company's “This shows the possibilities of Wyoming-in the oil industry and when we understand that the government haa Just withdrawn 75000 acres of land in Uintah basin claiming them to be oil lands proves to the people of the west should get 'busy and that' they ' said this develop tbelr ' person Either come to the office or write or wire your application for stock you desire Cash Svlth your application But do not delay— get busy— Do it how ' the-navy’- s President N P 'Hansen' of the CopUranium of Idaho writes to Salt per Lake officials that the lower tunnel is now in about 900 feet has a vertical some depth of about 400 feet and that 877 per ore'ls samples coming cent copper: “The ore is getting bigand better all the time he writes ger “The vein is about two feet wide The tunnel ' is just coming lntp the ore” carMr Hanson writes that he has load of good ore' out ’and has made arto have' it iiauled- which rangements the present under may two or three weeks In hauling require Is some ' distance to the railroad which ' away in-tha- t' - - - - s road-condition- - CopperMarketStands in Unsettled Condition - - ' ! - - to-nam- e - - -- er I - San Francisco Quotations - - at-l:a- - - ' ‘ - OILLakeCOMPANY AMERICAN Utah Salt South Main ' 159 : a nL to Office open 9 A Streep 9 No i- City - Tel Was 4443 p m every day r&L& JLSSSJL ’ ' - Sunday 1 v m to 6 p m O e!fc had dates of March 8 2T-- 16 1816 ln and April 500-F00- T SHAFT TO BE ALTA ORE TRAIN GOT - TD WASATCH YESTERDAY - - Oil-compan- : - - - ‘ : -- - - - V BE SUBS YOU COME TO THE RIGHT OFFICE IT MEANS THE TRUTH AND FACTS IF YOU DO - - - - ’ - - e are from The following the Badger Bros"' quotations private wire service: ’ - - we-shoul- - r’r unsettled NewYork Feb 8—A in the- copper situation has prevailed very market ftlnce Ofthe 'German ‘blockade announcement Thursday? and refusedquotations 'toward the end of the week except- for some :of the said they would producers vwho larger sell for their regular tradeatelectrolytic third-quart32 50 At the delivery moment however an entire absence of demand was reported with" buyers off for fresh developments holding Iron was unchanged- a - - own-1-resources- Secretary Shorten Takes Needed Rest ' Owing to father bad' roads and bridges being out in a few nlaces the Grand Gulch Mining company haa not getting much of its h copper ore to market lately from the Arizona mine according to General The ores Manager W P Jennings from the Grand Gulch are hauled by team into1 8t Thomas and from there to Utah smelters by raiL transported a car the company marketed Recently of ore between 35 and 40 This ore is worth per cent200copper a ton The- second-clas- s about that is shipped runs between 10 cent and 15 being copper and is worth per from 350 to $76 a ton' A portion of the Arrowhead trail roads so they are passee over these in better condition now being placed can be handled more expeand ore ditiously from now on ' - - that-average- d - - - Cottonwood experienced a touch of Wyoming blizzard the past week consequently the’ ore trains failed to' run 'But President J G Jacobs ra ceived telephonic word from Wasatch last evening that they could hear the engine whistle coming up the canyon and soon the train was In' sight so he expects the first train In a week reached the loading station last evening He has ordered another engine which is expected to help out the situation di- Little - - Work will be started up about February 15 on the extensive domain of the Eureka King Mining company according to G G Bywater director and consulting engineer A contract is being let for the sinking of a shaft for 500 feet This shaft will be doubleIt will be compartment and man-wa- y sunk at the Intersection of an east-we- st break with a north-sout- h work will be at a porphyry diketwo This miles northerly from about pointHomansville shaft of the Chief the Consolidated which property OldIs adTintlc the Eureka King joined by men are said to have made the mining statement that tue new shaft should get into an ore country at anywhere ore from 150 to 250 feet Some galena The found in the vicinity has been owns about 750 acres of company ground in North Tintlc ' rectly In fact now that the trains have reached the terminal a large tonnage of ore during the coming week Is exto be handled The enow packed pected as New Quincy Levies over the track some places as high became so congealed It housetop f that dynamite had to be resorted to One' Cent Assessment for Exchange on Saturday ! tbe track clearing Some ore was hauled down to Officials of the New Quincy Mining last week but from now on theSandy The members of the exchangeto yesSalt go company yesterday announced - an as- Lake & Alta railroad will undoubt- terday decided on Saturday sessment of 1 cent a share The delinqu- edly be in position to take care of through the regular call' and then take ent-date 10 and sale date the business is tbe manager's expecta- up about a quarter of an hour in an March 81 This is No 8 Assessment tion “open board” calL - EES James A Shorten has been Secretary a month’s leave of absence granted the time IT V Altree who has During been employed before in that capacity will act as assistant secretary district” wood - : l years canyon several Big Cottonwood President S A Parry ago Yesterday follows:-'as quoted himtime: "At the I 'discoveredorethi ledge off - and of the I broke a piece of miners who were showed a pumber in Big Cotdifferent working atThey were places went excited ana tonwood so far as ' to have it assayed I don’t remember now what the return was dollars but it assayed severalorehundrednear lies the a ton This copper contact The ledge outcropping on thea indicate that there is surface would The nice deposit Big King property I consider is some of the very best mining property in the Cottonwoods and I have been practically on every foot of the ground in the Big Cotton- - ’ It is said that Lewis Myers made the discovery of the Big King fissure in Eureka Bullion Looks Good to Old Miners II C Hicks of the Eureka Secretary was in Salt Lake seem Bullion yesterday He says that Tlntic people very much Interested In the way the propbeen erty over near the Standardof has Neiv York Curb Stocks the old Sojne lately performing miners declare the formation is right The" following quotations are from Mr Hicks and other members of the the Badger Bros private wire service: company will inspect the & Co Bailey 216 Boston Bldg Phone Was Invent iii - 350-fo- ot ing J" i ’ Property Silver-Le- ad - A few dollars invested today independence :and may mean Mine only six tomorrow wealth miles from railroad Rich carbonate ore in shaft 'all the way downAssays !40 per: cent lead 20 ounces silver and $5 in gold Management oldest mining in the hands vr men'inthe’wst 'r'The directors have authorized-thsale of- 20000 shares" of Treasury! Stock fori development The price will : be advanced 1 1 The Seminole Copper Co " : v i - - ' ' The Seminole Copper Company has developed the biggest and richest Tungsten vein ever found in the state of Utah' - ' Jl r ' - - - ' ? ' - - - a : ’ 1 de - - - - ' V " " : The Seminolevl Room 209 Brooks Arcade utn ? - zy low-jrbaen- -- ' J Salt Lake City Utah Frank L Wilson Secretary and Treasurer v : x 4 r Li Cv of-tw- o - - The company owns about 100 acres of the choicest mineral ground In the Clifton Mining District western Tooele county? Utah It is In of country that is now attract- the very heart of Deep Creek a section ocean to ocean on account of Its of Investors from ing the attention mineral wealth ' 'wonderful V v The ores Ound In different veins upon the property are Tungsten Gold Silver Copper and Lead - The Company is shipping j: Molybdenum ore but approximately TEN THOUSAND- TONS of Its high-graores have accumulated on the dumps' and tungsten grade and It has become necessary to install milling plant ' forIs concentration On account of extensive development In the property1 it estimated by will be ready the management that at least 20000 tons or milling-orfor milling by the 'time the plant is completed To raise- part of the money the Company will sell a block of stock at t‘:i50 cents per necessary v A share U: 'fi : " The' capital stocks Is 500000 shares r In Utah Full Information can be obtained at the office ofIncorporated or by addressthe Company ing the Company as below — - l ' 1451 shaft workings today : j? reserve-againataggregat- Big King Discovered by Myers Years Ago WRI H CHILD & CO 4 ''-i--' - - Telephone Wasatch 325 1ft Years In Business - - ' r‘ ' ' UK & - - s r Mana-Biugha- m - - Consolidated Progress atthethe Emma week is noted as Alta past during follows a summary of a statement taken over the phone from A P S Thompson and J J Beeson Mr Thompson 'said: week the sleighs “During the Emma ore for sixteen havo hauled the‘past miles to' Sandy the nearest railroad point In order to get the ore to the smelter A continued Increase In the the visible tonnage and in the grade of derich silver ore has characterized are now five workvelopment InThere ore the body where air places ing drills are operating and the progress at each place adds to the every shift reserves of the mine” known ore Mr Beeson said: "During the past week two cara'Of ore were loaded and to the arrival of the engine and waiting works take them to smelter' Every effort is being made to relieve the traffic situation andar-it is hoped that In the near future be made which will rangementsat can car each least one guarantee level crossdate the second day Tobeen feet into driven fifty-fiv- e cut has feet the ore body and two drifts fifty are being driven at right angles apart to the crosccut Each drift has shown a width of more than twenty rfive feet ore body and both continue across the in good ' ore The average face sammost easterly drift now asple of45the ounces silver 12 per cent lead says while the drift and raise near the point In where the ore was first encountered of -- silver assays the crosscut- shows well beyond the hundred ounce mark The last sample "taken yesterday from 2 raise assayed 118 the face of No cent lead” ounces silver : e WE WILL BUY vV rx ar s Not 8 Hubert-E-Roger- AT MINE DURING WEEK of this city said the first allotment that of yesterday 100000 snares of the Big Jerome Copper company had been practically all taken up and that after Monday night there would be an increase The members of the firm themselves enthusiastically asexpressed the future prospects of this regards which controls nearly a squarecompany mile of mineral wealth The property adjoins the Plttaburgh-Jerom- e which is on aggressive work It is driv& tunnel which is now in 1800 feet ing into the big ledge which crosses the Denver groun of claims have “Reports from the been most satisfactory property show that and the men on the ground are as enthusiastic as are the brokers In this city There Is no doubt but Jerome Is the wonder copper camp of the world and that it will duplicate its record of money for the Investor which making occurred about eighteen months ago' sn!d a noember ters - a IncoiT)oratedunaerthelawsofMontaJuIy20l91(5Stockvfiilly 1ii pakl arid nonassessable each share a Tote Each shareiioliIer shares iii 1 everjracre aiid every Svell and Jill future lands acquired by the com-- Cash 'reserve against net deposit and Just before leaving for his home ‘in nots liabilities-77per cent 11a- -' Cash reserve net 40 New York yesterday deposit cent against after-settinbilities' aside of Ohio the of Copperper' president net liaUtah who was- accompanied b Charles gold bilities on federal reserve notes In cir784 ‘per centtiie culation Bills and acceptances'$24889000o found it An his first inspection' of Bingham - He- says that 'Municipal warrants $392000 Soperfies atplant for trying out the method Ohio ores under the Janney 1 should be - operating before March while the- mineral ‘separation - plant should be operating by March 15 These are to be only- - on a- limited scale with a view to deciding which process Is the most profitable one tor the comexpects to make -an Rogers pany Mr to Utah- next spring other trip E the local of wOneL of Wilson & Co representatives Consult with us the market Ask for ourregarding Market Let ' v re-- - $89900 to diLte Sells 100000 Shares ORDERS - JH net' Big Jerome Copper BUYING AND SELLING J k 4 Producing Oil and : - &l the past season the old ScrantonDuring Mining company property in North Tlntic up of Its treasures to the world yielded another lot of 3220 tons of ore Of this approximately were IS cars or about 800 tons ofthere lead ore and the balance of zinc This production was put out by leasers from last March to date according to Manager Robert A Brighton who the eastern interests Therepresents Scranton for years was one of the steadiest producers In Tintlc The present is from near the 160coming various levels production and up to the surface The sine ore averages about 30 to 32 per cent Snowdrifts have prevented regular shipments lately but the roads are now reported was open down the canyon which well filled up at one stage of pretty the storm ’ - ThisCompanyWas 400000 notes'' ' members M 14707000 Bills discounted 98112000 Acceptances U S-- - bonds :bought': 20660000 One-yeV 18647000 treasury notes 12864000 Municipal warrants 169690 000 Total earning assets V Federal "reserve notes nstr 25515000 Dus from other federal re- - -12687000 ' serve banks net UncoUected-Item: 138611000 ‘ All other resources v 13158000 - 128-foo- cent - ’ TONS ORE IN SEASON Stoek lux change Bldg Salt lake City We Sollelt Your Five per redemption federal : v' fund ' serve against" bank" e - - j ': : A'-ne- $ reserve - to-twent- the-fac- v f - - next"-fiftee- The "Ifc V v -- Gold coin and certificates In' ' 308984000 vault- Gold 'settlement- fund E Vi 212901000 Gold redemption fund with-- ' 1885000 U S treasurer ' 521760Q 00 Total gold ’ reserve : i tender notes silver Legal 4 ' eto a 12185000 juji 633945000 Total reserve-- ten-day- t S-r- - ' ‘ '-- r V‘- 0 board's" statsmentf of itho'' condition of twenty-horsepowe- r1 50-feet- ' U-- Waohlngton' Ie' bs - -- as-hig- ' -- - - ' ' MINING STOCK BROKERS '1' Vi:: rmmmmt' a com-pan- e - car-rly- 5 V l - - wherein-- are-foun- - high-grad- - metals 'rare in the’Promontory' mountains- west of Ogden and some day theyrwUlbe-'Commerclalized according to operators connected11 with 'the v district among whom Is General Manager B S" Slegfus y of the Promontory Utah: Mining ' his - company will ' soon He says have & ' modern plant tor tne development- of Its possessions 'located about four miles north: of the workings of the Lakevlew Mining company "This will compconsist' of " a ressor:-two drills gasoline engine and other equipment: It la expected to have the outfit' installed' 'within' the 'next s week or The Is to continue "the lower tunnel plan in "under’ the upper workings The adit2 is ‘ now in ninety-six-fe- et At about the tunnel will be vertlcaly under the ore- shoot which' showed 'god values 'up the hill v Mr ‘ Slegfus said - yesterday that within the f set he expects to crosscut the fissure The latest word t from U W Phillips mine is that manager the tunnel Is rapidly growing more of heavily 'mineralized It now shows quartz coming in' and all the face" is: more or less with’ pyrites of iron thickly spattered' is-'Itthe intention to drive straight -- is ahead - and when the aright i point reached tosend up a raise: to connect t: with the vertical shaft This will give good ventilation- - The ore In the old:Workings sampled up to $100 to 3118 in copper silver-an‘lead 'values 'Word' from GoodspringsNev 'that continues the Bullion Mining company e to ship lead ' concentrates and crude sino that runs: into prof itse as ores Both are hlgh-"radand are understood to be bring to the ton This Sieconsiderable U owned profits Lake ' people Salt by Messrs Daynes ‘Jenkins and associates At the Dominion the' ledge outcrops for 1000 f eet' in" places a width of thirty feet all ofshewing-7 which will sur1ft cent copper average face f Fromper cars of this eight ground ore were shipped by lessees five cars talc ried values running from 6 to: 8ft per cent and from three' to ii’ ounoescopper in silver' At the Copper Metal property the same contact is found as In the Dominion When operations were first stkrted on the shafts there-wer- about four inches of ore showing- At a 'depth e sixty-fivof feet in the shaft 'the ore has widened out' the walls ’have not been found and the ore ' Is fully thirty feet wide and wider In the last twenty feetperhaps values have douthe bled The copper 'values here run from 3ft to as: 80 per cent hoist is being: installed' and the shaft point-‘awill be sent tov the once and after cutting a station f the shaft will be continued to 500 feet V - t- VJT REME©176011 "'tj I W if'&r V - - - - e 775 40 ‘Mines Bingham Boston Ely Chief Con Blue Bell Eagle Mason Valley Nevada Douglas Ohio Copper South Utah United Verde Ex Utah - Metals Daly iWesti 4 & 187ft 195 r ' 1 x 'J' 1 5 ‘'Vjs -- — v-v- 550 275 ' j j : - of-'it- " -- - v’-- L It ' 1 -- 500 250 Did You get Your share T Are You a stockholder in a' Good Mining Property? If You are : or if Ybu are Not You Should Buy BIG KING NOW Why! Because BIG KING offers the investor a clean investment! that is not overly capitalized Remember 600000 ' i shares - when dividends are paid is different from 1000000 to 4000000 shares Buy BIG KING because it ’s where tth!e Big Mines are being made Don’t say in ?six months from now I ‘could have bought BIG KING at T6c: now look atthe price with That- ’s!’ just my luck - Take our word for it buy BIG KING NOW— the- stock -' '"V- 1 j The following 'are' from the Badger Bros quotations private wire-- service: s I Sales t High Low Close u ' 137 The I opportunity is before you! 650 562ft' r 187 1 195 a Information call or Write For furtherour 100 Secretary j- j ‘r j M 80 '25 3350 3400 'J :'SfME!''ELDRBDGE i:bo--- ft i v1 7850It - DIVIQEIPS 1 40 SMain:Street Salt Lake City delay— the stock is going fastj' and' you eanaot afford to paas up the opportunity to - 'buy BIG KING while you can iret it for 16c f BUY IT NOW : : Wire or Tnrite RTfl: KINO MINING COMPAOT 619 Newhonse Bldg ‘iWasatch1901 for the nnmber of shares you desire The Copaiba- Cubaba - or Inlectloi RELIEVES 'Big Kliug Miming Company 510 Ncwhonae Pleaae enter nay anbaerlpflon for lncloalng payment rfor same: In the samo diseases with- out Inconvanlenca’:' Sold by ell drvmiti 24 : Salt Lake City or phone : : : CAP8UL S tiny art superior to Balszm of - v v ' Wl® i niwirvirY s' - - m m lGe per' abare - ' : "J eLoeftsfto'eeftfthtesftfteeftftftfto 11 - HOURS Salt Lake City Utah aiuires of BIG KIJiGoolcd' stock at tf:X'Aj ' - m Addreaui 4aaaMaaafafaaisi'aitaMt'MAaaaaua66a "iravwvvwxajinniVbvuviiuuuvuvutAAAiuvvvv'u’uvuvuvivvv v T - |