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Show . , VKSTERN MINERAL SURVEY, SALT LAKE LTfY, UTAH, MAY 10, 192 Metals Trade in OnNew York Market is Light Non-Ferro- us AS Stocks and Bonds Bought Sold Copper Firm at 18c Although Both Foreign and Domestic Movement Below Normal; Lead Demand Slack; Silver Trend Uneven. Utah Southern OU Company. Daelweller, No. 1, Dickinson coun ty, Kansas. Underreaming ( i Inch casing to set on top of limestone measure at 1311 feet. Pint objective expected at 2400 feet. Grayson No. I, Iteagan county, Texas, where company has two walla on production. Drilling In Hit Boulder KaoU OU A Gas Coni' Endter No. 1, Boulder Knoll Bot structure, seetlon tomed at 2,(4( feet on top of Bhln' arupm nnd. which has been producing a strong flow of wet gas for (From the Engineering and Mining Journal.) over els month. Operations on test war resumed this week. Hoi la NEW YORK Inactivity continued to feature the being under-name- d and I M Inch metal markets during the last week. Firmer undercasing will be Ht to bottom to abut tones have appeared in the markets for the more important at 1100 feat. off water before drilling deeper. Garland, Wyoming, well. Shut metals, however, and the immediate outlook is somewhat down for order. Fhllllpa Petroleum Corporation more promising for at least a continuation of present price Mid Kansas No. 1. Osborn coun- Well No. 1, Barrier Craw dome, COO feet. at section levels in most instances. The minor metals are quotably un- try. Drilling Drilling below Utah tioutliern Gil Conipsoy-Cts- li 4.91 feot In shale with hole full changed, though tungsten ore prices continue to advance as OU Jlrfinlug Company Frank of water. Eight inch racing will in scope. Hhafer No. 1. Cane Creek dome, probably be run. the result of a shortage that apears world-wid- e 0137-3discovery well of Demand for copper, both for domestic and foreign ac- - section Moab district. Shut in. CrrMent Oil Syndicate McCarcount, has been notably ligh during the week ending section John L. bhsfer No. No. 1, Brescent dome, section thy on (From the Engineering and Mining flank well first the Drilling below 1,923 feet. Journal.) Cana Creek dome, half mile north Preparing to run lit --Inch casing.. In Bottomed well. buelnem Wednesday. of Foreign discovery Prices. though ronelderably below norWestern Crude Oil Company limey shale at 2.01S feet. Eight-Inc- h Lecal settlement: mal, hea been the largest for casing will b run to bottom Preparation being mad to spud In week late shut-ofainre March, varlnua any of water before test well on Cisco Brplngs strucf to effect lie factors In the trade Interpret this Copper urllllng deeper. Casing will be ture. ten inlles north of Cisco town ...S7.no Istad . improvement that aeems certain tu cemented. National rig at localiou. Zinc . reault from nrtllcmenl of the repSilver HIM Stic King No. 1. bait Valley structure, arations question, generally considContinental oil Company Well After fighting section ered to be an event scheduled for NEW YOIl K. May (API bole to make any headway No. 1. Boundary Butte structure, eavay the immediate future. Copper ExCopper, Steady; electrolytic, Drilling In Pennoperations have been suspended un- section porters, Inc., maintains its prli's at spot and futures, He. h casing can sylvanian formation below 4,9(0 til string of per pound, c. i. f. usual Iron, steady; unchanged. be delivered to location and run. feet, and drill is believed to be Tin, steady; spot and futures, European destinations. 944.371 to 44.50. Bottomed at 3.710 feet In conglom- nearing the stratum where large Copper Firm. Naw Tork. Lead, steady: spot, production wee encountered In well erate shale formation. In the domestic markets, all 17 Pt; East St. Louts !.73to No. 17 on Rattlesnake structure aalea have been on the basis of IS IP. Ctawcent Oil SyiidiraM. McCarthy three weeks ago. cents delivered Connecticut valley. Mnr. steady; East St Isiule, Xn. well, Crescent dome, near and the larger producers continue spot and futures. f4.33t;Sili f 'out lorn Fe Companies Thompsons. Running 8 inch ceiling out of the market, thereby permitAntimony, II P0. to set below 100 feet. Rattlesnake No. 17, sect In u ting the offerings of custom smeltRattlesnake dome, N w Mexers and smaller producers to be 1 honors Kaddatz lest, Great bait ico. a short distance from the absorbed. Positions specified have the local freight rate frum bt heon in large part of May and Louis tu Detroit being 0.2O5 cents ladle area, near Itocl. tihui down southeast corner of Utah, which prlre being deter- awaiting order omo in three weeks ago with proJune, though a sizeable tonnage for per puund. theNew quulaiiini August delivery has been specified mined by the Hie 81.York A. P. Sunhnda tcf. Leonora well. duction from Pennsylvanian sands banls. Louis than rather also, Shipments from refiners conBalt Lake area. Drilling be- estimated at 1.500 barrels, at .1 tinued at a high rate In April, and New York lead, 7.00; FI. Louis Great With well low 210o feel. Progress averages 33 depth nf (.771 feet. storks of refined copper are ex- lead, I SO. feet dally. capped and small flow line running Zinc bt ranger. pected to remain suheisnlially unto to.nks to relieve pressure mi that Navajo Prtrotaum Corporation Though sales of xlnit during the changed in the A. B. M. K statisg ran proceed, i. and In Slate No. 1, Cisco dome, section tics available about May 13- - Fab- past week hare been kmull. . After getting a one good making more than 250 barrrls of ricators hare shown some tendency large nirl accounted fur bysomeIs g oil water. with 3.811 ras of oil and at showing tu anticipate forward deliveries In seller, the position appears several Instances, though this ten- what strunger aa tbs week draws feet, a gas stratum was struck at progressing satisfactorily, but progress Is slow on account of the imdency has been limited by the abil- to a close. The company selling 2.900 feet and salt water at 2.96S mense oil and esa pressure. It Is ity of refineries to make additional freely at C.(0 centsIts duringto noil fc at. This la to he cased off and of the week raised (.(5 drilling to tha bait Wh sand re- estimated that two months will bn price shipments. and cents per pound yesterday, sumed. where It la believed there required to set the casing on ton lead balm IJglit. were reported at that level. la a good chance to get olll of wind and cement it to ahut off The tonnage of lead sold this sales of arn out Most of the produrers ths salt water. week was slightly greater than the ths to disinclined being market, week before, but the volume of sell below (.75 rents per pound. aalm continued well below that of East St. Louia basis, and feeling an average week. Two large that ths present strong statistical bought moderate tonnages, Is bound to result In an it almost without exception the position to sell at their own rest of the buying was In carload opportunity sooner or later. lota and for prompt delivery. It price released by the statistics April in generally considered that lead Zinc American institute. In tons of consumers era not so well bought 2.000 follow: ahead as are those of copper and Stock, pounds, 37,0(3 April I,,,, ,, xinc, and that at least half of the Producer 64,(53 consuming requirements for June Shipped &S.02 . . . remain to be purchased- - This 34,553 should result in a much more ac- Block. April from plants for tive market before the end of May. Shipped IDAHO FALLS Teat of the 115,530 export I'rlcea reported on eastern busi- Metal sold but not delivMeadow Creek structure, II miles ness seem uniformly on a 7 cent 42. (21 ered. April 30 New Tork basis, which continues Total northeast of Idaho Falla, by tha retort capacity, April to be the contract price of the Standard Oil company, subsidiary 30 llf.TK Arizona. of AJO, Expendltura American Bmeltlng and fiefinlng Number Idle retorts availof of the California company, procompany. In Ht. Louis no lead was 43,241 $3,20O,o00 for the enlargement able within (0 New Cornelia flotation plant at ceeds rapidly at Sorensen No. 1, reported sold, either chemical or Average number days the retorts of desilverized, for leas than I. SO 8WU 23 2X41, depth 2(10 feet. 73,259 this place la now under way. operating In April cents, though one seller offered now being drilled In This total Includes extensions to Formation lead at 444 renta This afternoon Number 30retorts operating 73.319 limestone, being a member of the desilverized lead la obtainable at bt. April under 4.504c the present flotation units, Louis zinc Thaynea group. Lower Trlaaslc. several midwest ern consuming way fur sonic time, and the addiTin Stronger-Ticenters also at prices, which. If morn tion to the of three unit price have been steadier Applications for franchises to reduced to a 6t. Louis basis would this last week, with a slight up- plant. This work is now Just getho in the neighborhood supply natural gas to several cities of (.75 ward tendency, started. ting bringing today's cents at Omaha. The power plant capacity Is to be In the Upper Snake River Valley 444 cents for prompt Lead might have been obtained quotation to inereased through the addition of have been made in the last few A moderate consuming Straits. in Detroit, for example at (.IS, demand has been noted. The in- another 7,500 kilowatt turbine. days, Frank B, Waller, agent of anTo handle the increased tonnage the Grand Teton Oil company, creased strength seems to be atnounced here today. Ilia applicatributable t the fact that he Anglo-rlent- of ora to ha mined and transported to the crusher, three additional tions aro now on file at St. Angroup hae again been Rexhurg, Sugar City, Rigthe market at recent levels-an- steam shovels will be added. And thony. Idaho Falla, Shelley, Firth and also to the rumors from Lon- there will a added seven more by, In appearing before ofUlarkfoot. ALT LAKE CITY efforts locomotives. don that some common ficials of the upper valley cities, A other minor tu number of mad be changby producer might Headquarters for Mr. Waller that he proMinina Cent pantee nnd regulate output to accord with es and Improvements in tha flota- poses to pipeexplains gas from the Grand Minina Mnchlnary Hnnacn consuming demand. Futures have tion mill will also be made. OU company's fields. 4V All these Improvements are be- Tclon been quoted at a premium of about nltabla Offices Fnr Rent miles northeast of Idaho Falla H cent. bt. Louia tin, 43.953. ing made for the purpose of InDuring the last week the silver creasing production. market continued inactive ' until The original Intention was to May 7. when good buying for China plan for the capacity of 10,000 account resulted In a sharp rise of tons dally by doubling the fiva-un- lt In the London rate, which flotation plant on discontin200,000 Shares uance of tha leaching process. But sleek la rapper. Lead. Sliver. Cntd was only reflected In a rlsa of cent In the New Tork market. On It was found, through new discovproperty fnr 110,00044, write account of a reversal In China's eries and processes that a 50 per Walter H. Voyles position the following day tha mar. rent rapacity Increase could ba effar partlcnlaro. ket again sagged, resulting In a fected through certain change Bf SEVENTH E4ST STREET decline of cent in the New York and extensions and tha addition of Salt lake City. I'tah. rat. The tendency Is uncerUIn but three un.ts. Instead of five. New Tork silver, 34,792. That is. Instead of ten units to treat 10.0UO tons dally, there are to ba only eight to treat 15,000 We have tally a. tailed ear. art era tram what wa have aclona daily. However, this Is extually area ef the geological plained by stating that tha changrandltlaaa at tha mine. bath es effected on completion art not Telephone Was. 1861 and 3831. above and belaw the aarfare. exactly those of unit additions with the Interpretations by only, but in part those of Improved rmlarvt mining exseveral WA .. EFIELD AND COMPANY and more economical processes. perts . that Beaver Crown given every premise ef making g produrrr uf lead, allver, BROKERS A New Tork Inventor has pat. Siild and copper of aurh magented a stringed musical Instrunitude aa to make aa Investment for use In practicing ment In the atnrk at tbe pres7 Walker Bank Building. ent adthe of price pa opportunity ef annoying occupants Salt Lake City Utah. unuaaal merit. joining apartments. Being ronriared of the merSpecializing in Wyoming Oil and Utah Mining Issues. it ef the property uaraelvrs. we advise all prranas wha We recommend Gebo Consolidated Oil, Wyoming bare already latrated la tha CLAIM MAP Company. Meek ant te eoa.ldrr aelllag until they have ariually area EAST PARK CITY tha property or hare had a ra pi patent engineer do aa tor DISTRICT non-ferro- la Utah and Wcatara Hlalag lames Specializing Quoted svccnioa to NORTH TINTIC MINING STOCK FRED C. DERN At 10 Cents a Share -- Member Salt Laka Stork aag Mia lac Exekaan WRITE FOR OIR MARKET LETTER TREE Metal Sl'lTES s IS THE BEST BUY IN MINING STOCKS TODAY FOR THE MONEY. Star J9M IE41XIT P. O. Box 591 Telephone Wasatch 1336 0, ON First Utah Mines are the biggest and best producing mines, both from a production and dividend paying standpoint, and the longest lived of any in the AND A STOCK, EXCHANGE BUILDING, .world. Second Salt Lake City, Utah. - g (((-Inc- tal-han- ta unuer-rcamin- Under-reabiln- Weekly Log Of IdahoWeUs 1 al aup-porti- DOOLY BLOCK EUREKA Mines of tho Tlntlc mining district shipped a total of 117 carloads of or and concen 1 ratal during tha week ending May 2. Shipments, in carloads, era announced as follows: Tlntio Standard, 21; North Lily, 21; MamPARK CITT Shipments from moth, , Mince, B: A. 8. the Park City district totaled 3,114 A R. Co. Bingham Mump ore), 4; Bullion tons during ths week ending May Beck, 4; Empire Mines, 2; Dragon 2; Centennial Eureka. 2; Swan3. Shipments' were: Park-Uta- b sea, 1; Knight Investment Co. 1; 3.145 tons; Silver Chief Con., 25; Plutus, 6; Eureka Consolidated, Uly 4. , when gas is found In commercial BINGHAM Or shipments from quantities there, Geologists, baaing their opinion largely upon the the mines of the Bingham district heavy flow of gns encountered in for the week ending May 3, totaled previous drilling on the Horseshoe 131 carloads and are as follows: company, Structure, have expressed the United States Mining opinion that ras la there In com- 57; Utah Apex Mining company. 13: MJne 30; company, Bingham mercial quantities Mr. Waller Utah Metals A Tunnel Mining waa formerly owner of the 15; Bingham Prospect Light and Power company,company, 0; Ohio Copper company, which served Lewiston, Mining company. 3. Mining Idaho, and 13 cities and towns In Tha Mining comWashington. He left here this week shipped over Its aerial tramfor Portland to be gone for an pany way 3,935 tone. Indefinite time because of the IllThe Utah Copper Is producing ness of his wife. 90,000 tons of ore dally. Shipmeni -- : Ulah-Delawa- ra Mining and Oil Digest Published monthly. Sent free for six months. NO OBLIGATION. Gives reports and quotations on Star of Utah HE OP3 Denham Bldg. Office Lobby of the Atlas Block. Ol'R SLANT ON Phone Was. 4994. Room 111, Atlas Block (alt Laka (Tty. THE 9AI.T I. IKK MIMAfi MARKET AS OF MAY ST 11 t. Darin the pant week the market hs. shows tendeney Isw up ll look, like It ks. paused tnr s rent. Ilnwdrr there have keen seme sund healthy srivssree end a few rear) lean. Bat Hill, Eureka l.llly usd Eureka Bullleu are all In atreag pealtiea and will make a mate upward an any favorable rrporte in development. New walney ban been hanging between S2..10 and (ZAO wltb a dividend dae tfcla maatk, with hooka elnalag the tilth af thla month. Get yaar alack transferred. We think thla atoek will aell higher. The heel ef reports ere earning from the mine, and will be laereaaed noon. Af the Lakee af Klllarney Property af Opblr beat af reparta ea development are being received. Mi. J. VV. Cattrrrll, wha la Connected with thla ram pa ay. haa the rsiiuatve handling of thlv a lock. Mr. Qalaa who haa been la of tbe property an aecaant af III health and Nrrbargr la st. Clair, a man wha all bin life la Onblr baa taken af the property. VV. look far name remarkable development la the Lakee of Klllarnr aenr In the fufare. property Regarding- Lehl Tlnite and Halle Empire, the North liatle Favorites. they bare been balding atroag la a fired market. There le talk af a eonaolldatlaa af three two pronertlea, had aarh a deal apaa favorably. Mr. Crane. are log lot. formerly with the Chief Can. wo understand la to direct the werk la three two prep-a- rt Ira. (ala Allen Co. heap panted aa derelop at rata and ran advlne yaa a tha market. They want year baalnrae and ran slve yen nervier. We carry llatrd sleeks a eeaarrvatlve margin. TOTHS TO SERVE u4 I Conservative Brakrraga Iloata La Coste & Co. D o - We gfve dally review of the Salt Lake Mining Market ever KDYL eark evening af StSO. Tone la and hear whaf we have to ear. Oar Matte le Oaee a I'uatemrr, Always a Customer. A o pro-daet- H. B. COLE, President. 220E20E OS D Salta 311-S- IS ............................. .......... ......................... .... Name Address Clly lFIhise Elusive Market Profits Can Be Mad- eSTOCKS TO SELL!!! possibilities ran easily ba found the preisnt market, even though STOCKS ere NOW SELLING CLOSER IROFIT GOOD TO ACTUAL VALUE THAN EVER BEFORE! S3TL Oi Dl SI- 13B aaaar-(- Nerth Center boaira - TKMI'I.ETOV BMLDIXU (alt Lake city, Utah. & Co. 157 South Alain Street Salt Lake City, Utah Members af the (nit Lake Stark and Mining Exrhange OFFICES I Rene, Nev. 1ST 8. Mela ft- TELEPHONE WA. BM Bt- - (IXTV DAY GOOD (alt Write me right new. You have everything to gain, nothing to lose. Lake JACK BORON ONLY Frank M. Malsuey A Company, 1ST (noth Muln (trert Salt Laka City, I tah. Gentlemen I Yen may Bend me year market nervier far daye Is MAKING LEGITIMATE MARgratia, fay I am Isfereated KET PROFIT. It la ssde raised that this plarra me under 517 ATLAS BLOCK li'j JACK DOROX, IT Attaa Black alt Lake Clip Find aaelozed aa ehllgallea whatever. AMERICAN FINANCING CORPORATION & CO. 4 Ceaaervellve Brokerage Uoaee Frank M. Maloney dr-lal- lrd Phene Write Wire LA COSTE YOU may receive this INVALUABLE SERVICE, for a period of SIXTY DAYS, without charge, simply by sending in the attached coupon. bri-nm- D o THROUGH a highly specialised system ef AND ELIMINATION, we endeavor to recommend CHOICE STOCKS to our SELECT GROUP of clients, opened up throng A tan ueirlupueut werk now being' reformed. la fart eaglaeere uf ear Intimate --IT that they lank fa are ( raa. the nest miaia ; aeaaatien la I tab. Eaglarrra' reparta anil data sent eg request. Canaall a. raarernlag Investments. We radl the aterk market each sight at SMS aver KSL. YOU KNOW WHAT TO BUY AND WHEN Providing I Baatoa Bldg, all Laka Waaalrb I u git. ,,ery IntJU.e ere DENVER. COLO. KAMP AND COMPANY', Date 0(3 Denham Bldg- - Denver, Cole. ..ItSt Plea an Bead me your Monthly Mlalug A Oil Digest far ala mouths, free af charge and wlthoat any obligation. Within the pant thirty days, three aabataatinl atneaaaiaera v tailed the mine and from what they saw they laereaaed their helUlag auunat doable. Wo do eat preaame la dictate to anyone what he shall net as a to hie stark la Braver regard I rows, but we da prepare to nrga ear clients t ba lafermed la order that tally they may aid latelllgeal ly. Thla properly, during tha coursa of development, has actually itruduml three run af ve that ran PIT.im a tent sue that raa i:i..,iu ears vi that raa frm (ZI.im right le (ZTdNti even rare that raa (ram le HtListi tear ear. that raa tram eltutu no mall ahipmrut that fiucL, a ton. end present kb Western Mineral Survey Exchange. COt' PON BELOW Kamp and Company them. FOIl SALE $1 EACH Monarch Royalty THE Sigma il (IIIIUMlK geo ? Company at qpieiGggga Thus 2 Salt Lake City, Utah .a.......... ..... .payment In (full) (pert) eheroe nt North Tlnlle Mlntnir atoek et 10 cent e eher. If bnueht on tha five payment plan will pep balance In four equal monthly payments. fiend full particulars with mpz end engineers' repvfL .I,...,,.,...,,.,,, Address 30 cents. Buyers at 10 cents a share will be lucky. Seventh Three of the leading geologists and minof Utah have examined this property engineers ing and are unqualified in their endorsement of the property and this view is that of practically every mining man who is familiar with the North Tintic Mining Eighth-Twe- nty of the leading mining companies stocks of Utah have shown an advance of seventy-fiv- e millions of dollars in the market value of their outstanding stock during the last year. Not so long ago you could have bought Tintic Standard, North Lily, Eureka Lily, Eureka Bullion for 10 cents or less, and Tintic Standard today is selling for 514.00 and North Lily at $9.00 a share, and others up in the dollars. Buyers of the big profit making stocks had both vision and nerve and that is what it takes to pick the winners, along with a little judgment. Ninth The way to make money in mining stocks is to buy in a company like North Tintic when the stock is starting off at a low figure, and North Tintic has everything to make it a big successful mining company and that quick. Tenth Owners of Utah Mining Stocks have realized many millions of dollars profit during the past year, and a large part of this profit was made in the Tintic District in which the North Tintic Mining Company is now operating, and there is every reason to believe that this company will make the big money for investors in its stock that has been made in Tintic Standard, North Idly, Eureka Bullion and Chief Consolidated. North Tintic owns its 411 acres of patented property free and clear of all indebtedness, with money in the bank, ideally located for big production, with development well under way, under the management of well known and experienced mining men who have the confidence of the public wherever known, and there is every reason to believe that North Tintic stocks at 10 cents a share will make investors big money and that quick. Conclusion You see other people without any more ability than you who have been making money in this Utah Mining boom which is just in its and you wonder why you have not done the ' infancy same. The reason is that you saw the opportunity, and for 57 different reasons you did not grap it. I am offering you the real opportunity of your life and why not take it. I have an interesting map of the Tintic district showing the location of the Chief Consolidated, Tintic Standard, North Lily, Eureka Bullion, and North Tintic together with interesting reports by three of Uahs leading geologists and engineers which 1 will mail you free on request. IT COSTS NOTHING TO INVESTIGATE. IT WILL MAKE YOU MONEY. You can buy North Tintic stock either for cash or on 5 equal monthly payments, and if bought on payments now you will see the stock selling at a much higher price before your payments are completed. a and many others USE THE COUPON BELOW 615-16-1- COLE ALLEN COMPANY Members Sat Lake tock & Mining Westbrook-Thompso- Tintic Mining Diatrict is one of the oldest, and biggest and beat producers in Utah. Some of the beat and biggest having been producing for fifty years and still going strong, increasing with depth both in quantity and values of ores, and recent development is proving the ore zones extend both north and east. Third The North Tintic Mining Company Is right in line with the trend of new development to the north and east in the Tintic Mining District. This development started with the Tintic Standard, then the Noijh Lily, Eureka Lily and Eureka Bullion and there is every reason both from a geological and engineering viewpoint to believe that the North Tintic should duplicate the record of the Tintic Standard and North Uly mines. Fourth North Tintic Mining Company owns 411 acres all patented, lying in the heart of the new development in the north and east Tintic Mining District, and is managed by both able and honest men who have the respect and admiration of everybody that knows them. Fifth North Tintic Mining Company is capitalized for 2,500,000 shares, par value 51.00 of which lr 500,000 are in the treasury insuring ample capital for developing a big mine. Stock is non assessable. Sixth There is only a limited amount for sale at 10 cents a share and when this is sold the next block sells at 15 cents; then 20 cents; then 25 cents; then Companys property. Ute Gold Mining Mayflower Mines Bonanza Gold BEAVER CROWN MINE Heavy Bound Paper 20 in. x 15 in. and King Coalition, 1,047 ions. New Quincy, (72 tons. n Reasons why THE FINANCIAL CORPORATION pany i-- us HO iHiiiik St AMilraa |