Show Mines Mining Stocks Industrial and Commercial Quotations I MORE ALTA ALIA DEALS gEALS AND A OFFERS OF CONTROL ARE RE RESULTING FROM ADVENT AVEI F tt 14 lf UTAH MICHIGAN AlIA CON COM OPERATIONS IS Ii t Whilo the nov norr non Inch 6 or oro or t railroad i 1 b malting rapid progress l tho a r report port port showing ln about GOO f io foet t laid bid Id from Waatch terminal easterly up Cottonwood c canyon non toward tho no Alta Ala ninos the tho Utah Michigan nn 1 Is 0 N moving 80 SO to 10 tons tone dal dally daily from flom Its Is mo aide de and 47 or ore oro from the the Big the tho Alta Cont ConI Con- Con Cottonwood workings s. s Ala I 1 t I ha has ai ranged to enter IcI Important Im- Im le- le lr virgin ln territory I from the tha Prince o Copper tunnel l. l and now power lowe will wil be made I I In tho near future futuro In East Alta Ata AdJoining Ad- Ad Joining these mines on the tho west o t i 1 Js tho Old Oh I Emma mma Copp Copper r combination j which Is Ss drilling and anold anold an nn old oldIno inze Ino and all will wi drift tor for the tho located S J Emma fault new donla OI arc are rc reported under way ny t p t r Norman W. W of oC the i a Utah Utah said yesterday that returns returns rew re- re II IIa w turns turn from tho the carload of oC oro ore shipped k b b by tho D. D C. C leasers losers from tho Solitude tunnel In Il 1 Big 1 Cottonwood shows 47 4 to the tho ton This was ns in Jn l lead n silver end nd copper The oro ore was taken rom a n foot toot block oC of leased ground ground about foot In from the portal v.-horo v. horo a n goo good showing Is reported This Is In what I U I called now brand ground The work ork la Is 31 teat feet below 1 J the tho Cleaves tunnel level ol on tho the Alta AHa AHaL L I Thero Is another laval J GOO COO foot toot bolow the Clev Cleaves Coave This J Is la connected with wih the Cleavo Cleaves an and equipped with wih a a. n hoist holt It I is Js proposed to lift lr tho the DC oro ore and Lend cond It I down n 10 the Alta Ita n tramway Other Othel leases In Ii the Solitude will likely he ho let In the noar nor oar future the 0 officials declare General Mana Manager cr A. A O. O Jacobson of ot tho the Alta ln Consolidated said that the management an has hns arranged rangel with Ih tho the Utah Michigan Uth to send a drift from the now new Copper Prince Into one of ot tho the most i Ol OLD EMMA DEAL DEL IS EFFECTED I It I was authoritatively Ir reported yesterday yes yes- ester es ter ay that the P nima mma Copper ha had decided to at once e their I option on the control of ot the stock of ot the Old 0 Emma Emm Tho The option opton or bond and nd lease lese had twelve t eho more months to run but hut It was 5 decided some time ago to get Iet In touch with the tho Knight interests nt at Provo Prove and consummate the matter mater that the tho proposed consolIdation consol- consol of oC Emma and ed Old Emma might be effected cd at once Ince I The Tho Old Oll Emma has nas share at I. I 51 1 i pa par value aluc It I Is understood that tho the new people havo hava o hR to of these shares tied tod up u. and that the price i Is 18 something like Iko It I I Is understood that the n new w Emma Emmap i p Consolidated will 1 have haye about boul shares share Emma Copper will wil receive I share for share hare for Cor stock But Just 1 what the Old Ol Emma will receive Is 15 not yet et definitely t known Some surmise I two and some sa say three throe for or one From Provo Prove yesterday came the following folt fol- fol t lowing confirmation or of tho the foregoing ci 0 ry Today the Knight Interests will wi turn urn the control o of the old oM Emma Ema company to Moore Moora Moore Mitchell attorneys s 's for tor the New York I of tho the property An Ar option opton for tor forthe t the te purchase of or the majority of or the tho pital stock tock issued was given gl en by the to A A. A O. O Jacobson who resold I t to tl New ew York parties said to be he George o of f Graham Rico and associates The Tho capiL capi- capi i L tal stock of or the comp company compan is i shares pharos of ot which are arc nY Iss Issued ed The rhe TheS i S Knights turn over o s shares I Old Giroux Mortgage t Bonds Total i Advices fC 5 from Boston DOMton are that stock stock- f holders of ot the Consolidated Coppert Copper- Copper t nines mines s comp company n have offered 7 t p per cent first mortgage hon bonds 8 for Cor sub- sub until November 1 at 90 Additional funds are necessary for forr r tho the reconstruction of or the old oh Giroux Girou concentrator in order to secure curc production production pro- pro under the thc present price of coppe copper cop- cop pc per pe- and to utilize ft it I as aR an experimental J I plant to determine the thc best beat method for tor tho treatment of th the the company's compans ores orca S I It H Is expected that tho the reconstructed t t mill ml will wi b bo bl read ready for actual dual operation end ad of nr v iv I H n. n Boston Range I The in folo following quotations are from the Badger Bro Bros private wire i I Sales I I Low Lw I Close t Davis Davis-Daly 50 5 East ERt Butte Bute 1400 1400 1475 I I North Butte Bute S 2101 2050 2060 Utah Con ZOO 87 1475 1475 Utah I r. r 87 4 00 t Utah Metals 73 25 U. U Yr Vr Ix I Jer Verde 19 New NelV York Curb p The following are from Crom I the Badger Dro Bros private wire service I Rd I Ask i Alta Alt Consol Consolidated 20 40 Copp I Emma Copper 25 Z 32 2 Iron Blossom 1 1 L t 20 0 5 25 62 Extension 00 52 Utah notes Wasatch 50 50 60 Boston Stocks The following quotations are from t t the Badger Bro Bros prIvate wira service I Bid BIdI I X AsIc Bingham tines Boston BOlton Ely 85 95 5 Chief Consolidated 25 Eagle Engle Blue Blue- Bue BlueBell Bell 1624 17 Mason Valley Bel Majetic f e GO 60 I 63 Nevada NevadA Douglas DOlglas I 1175 Ohio Copper 15 1 IS South Utah Z 40 0 blocks of or ground In tho the ln Con The Tha work will wi bo be started at ot a point 1000 foet feet In front from tho portal D By fly drifting JOO foot toot a n depth of ot f t feet et I will be secured Previous Pro attempts to wil enter this block show water w which tho the new channel will 11 readily carry off or Th Tho drift will encounter the famous wil t fissure and a largo oro ore de deposit Ill IC- posit Is 15 felt fel to bo be bl certain Prom From this block tho the Utah Michigan will sIli wil I Inter later on 01 take up lp a 0 drift rIf an and follow foliot this This I j BIRIn fissure Into its Is ground will wil bo La virgin territory for It I. I too The I present workings s on the tho City City Rocks I fissure are arc 1200 feet to tho south tho other othor vein eln ein the tho Grul Grizzly IH iii 11 OO f feet cot ot otan n a away or 01 about way half between Itle Ile two others others It I Is IR expected that all l this now work wilt will 11 result in tho the opening o of or several H very Important oro ore bodies Inthis in inthis inthis this end of or the camp It I was reported yesterday that a 0 crow of ot forty Japs h had been sent sont u up to rush tho the laying of ot the steel on tho the oro railway railway rail rail- rai- rai way and that it I will wIl ho bo down well within the two twenty-two working days 33 as 5 specified in tho the contract The steel should roach Tanners Tanner's flat tInt within a n few days das Tho The distance from Wasatch to Alta AHa town lo Is about eight miles When tho the new road Is la In it I la in thought I that a Q number of ot new shippers will wi ho he I I added to tho list of ot Altas Alta's Alas Ala's steady pro pro- pro pro-I Tho advent of a railroad Into Alta la is it It causing more mora stir relative to the acquirement of ot properties there It I Is I understood that several flattering o offers of oi- f fers rs havo o been made In the past 1181 ten da days for control of ot certain pro properties I Ono wel-foun wel well founded od story Is that t the tho o Alta AHa Con Cou whIch touches tho Old Emma on on tho east cast st had an nn offer oter of or 1 a a share for tor control control Tho company has haB I shares shares' s' s of ot 31 a share Inspiration Output Pounds Pound Inspiration Consolidated company sot not tot up a new high record In September with nn an output of 18 I pounds Two more moro units unis In tho mill mil will wi Increase output above e abo pounds a month says the Boston Doston News s e Bureau It I IB is expected that Inspiration Inspiration tion ton this year ar will produce approximately approximately I pounds of or copper while uninterrupted operations In 1917 should result resul In at least pounds being produced Net earnings I for the current year are arc re estimated at between and On Ona Onn a n cent 26 copper copper market for 1917 1911 pro profits would be bo close to or over o er 25 S per pur share Total recovery reco ery from Crom all nl ores has gradually rt Improved I to about 80 per par cent cent while an nn average yield of at about 83 8 per cent Is antici antici- I Tho The recovery from sulphide or ores oros s I alone haM hai b been n not less lees than 90 per percent percent I cent and nd more often ofen 93 per cent cent An th average cost of ot production of less than Ss Si cents a n pound Is expected to bo be shown In report for tor the year 1916 InG Further mill mil Improvements will wil lower this it item iem m. m Exclusive of eastern ex ox- ox pense pene Inspiration has already produced produced produced pro pro- copper for or less than S 8 cents a n pound New Potash Beds Are Found Near Marysville David A. A Nease prominent capitalist and financier of St. St Louis IUIs Mo Io and P. P S. S Camber Chambers Chamber mam member er of ot the Pitts- Pitts Pits Pits- burgh bar br and formerly connected with the te department of Justice with wih William Hooper last week arrived In Marysvale ars says the Pluto Chieftain Mr r. r Hooper has been a frequent visitor hero with WIh Capt Capt Boyd BOd Smith and who are owners of tho the Mohawk group ot of alunite claims In Cottonwood canyon canol Some two or throe three months ago go Mr Ir Hooper examined the J Lincoln and Reindeer Rein Rein- leer deer groups of potash hearing ore ole on arid and radiating out from Marysvale ale lans peak eak a little north of east and ten miles mies from Marysvale Mr Ir Hooper was vas profoundly Impressed with ih the tho stupendous showing of potash ore and late In Jul July went east for the purpose I of Interesting eastern capital In what promises to be the largest source of potash and kindred salts and acids now I known to exist In tho bosom of ot mother earth Deep Creek Railroad Raili-oad Ready to Start TF Work ork Duncan lc admitted yesterday that tha everything e IB is 11 in rU ruth rush l the construction of ot tho the proposed fifty fifty- tt- tt rails mile mie branch line lne from on the Western Pacific into the Deep Creek mining country to the south The Tho company compan will wil be capitalized for or 50 and most of the officials will wi be local men The capital necessary is said all al to have havo ha e been raised It I is re reported reported re- re ported that tho the rails rais are at and that the grading Is so 50 small smal an on affair that most of It I can be bo rushed through h. h the tho ties tics laid and and probably the months trains be bo operating Inside of ot a a- a afew few tew Tl Walter Waller alter Fitch Controls Mining It I was as reported from Provo yesterday yester yester- da day that a controlling interest in thu the has been secured b by Walter Salter Yaler Fitch manager of ot the Chief Consolidated Consoli Consoli- Consol Consol- dated by the tho purchase of l large blocks of at stock from David DaJ Evans E and tho the Knight by whom the contract contract contract con- con tract wan an previously pre held It I Is la not known that there will wil be bo any n of ot the the board for the Uie pree- pree ent I S Strike e on n on Is In Inspected Palomas Paloma's new strike was inspected 1 on Sunday Sunda b by A party of ot Salt f SnI L Lako ko people Amon Among tho the par party Pr President sl- sl dent dont M. M I. I P. P J IL Hn Hayes layes Matson Malson A. A F F. Palm W. W H. H Lne Lane and nc Sot Sol Snyder or All Al were pleased with wilh wih the Iho recent recant disclosures on the which havo o ha already been described in fn these columns columna Sues Sizes for Tintic Stock From Provo Prove Pro o comes COles word that John W. W Beasley has his filed tied suit sui In the Fourth district court against Thomas Boardman Boardman Board Board- man to recover shares of ot Tintic Humboldt Humbolt Mining company capital stock valued at ot He Ho alleges tho stock was wan given to Boardman in l May 1914 1514 as security for 35 or the tho loan of ot He Ue says saya ho bo has tendered the Iho 00 00 with Interest and that Boardman has re ro- ro fused to accept tho the money Copper Shares Down Boston Oct Oct 9 S.-opper S. Copper Copper shares vore r re off oCt several points at the opening of the local stock marl market et today Stocks of ot shipping companies shared In the v V resulting according to brok ers from the sinking of ot several vo vos- vos j-els j by Gorman of off ol the Now New England coast yesterday e I FEW FE ISSUES RISE ON SALES DAY DAYot Not ot only dl did the tho eastern market sot suf- ter Cr In conse consequence of fr the startling t destruction ot of shipping In the to very front door ot of Undo Sams Sam's home quay quay- Hrs hut the tho local seemed to of the general spirit of faltering Cal fal- and In the tho prices declined Yet Yot on these declines s there was t another spirit ono or of live 1 0 buying at most of declines tere scorned ample mon money standing about awaiting the OPportunity to pick up ble stocks stoel s n a. or so helow recent levels le Yet there ero a LeW ot of temerity which made some tome advances Paloma was a heavy y a seller seler disposing In ing ot of shares from 13 to 10 tents lents Tintic Standard dropped tam rein 6 6 to 7 75 cents on heavy dumping Hico Argentine a advanced to 5 at al tho tho dOf Sioux Con again moved up to 17 cents i soRt sOIl a big block at l Coalition advanced ad to 3 totaled shares shores The official Ut at hl quotations an and sales were ero ropO ro- ro pO t a as 18 rol follows s I Forenoon I Bid md I sk I it Bid Bd I Ask nt nl Star 4 13 II 12 f Alta ta Con j 33 i f 35 38 la Tiger j 01 I 01 U 12 Albion U I ii 13 13 I 1 1 1 I 1 13 13 13 13 A Am 1 C C 15 16 I 14 15 Alta AHa Tun un 11 II 11 12 Alta AUa Ger 11 1 OS 05 I. I Addle 11 01 Oi 1 II Bullion Bulion 21 u I 1 30 ii 21 t 1 30 BOlo Bole 1 U I 01 OHI O 02 H F. F Ex 98 s I II 97 9 I S Am 03 I 1 12 ft I 09 11 1 Wack JacI-cil JacI 08 I I 08 OS I l Big Cot ii UI 11 O 05 1 04 I 04 OH I linK Gold Golt 1 ii 10 1 il 5 11 Ln Cop t I O 02 I 02 03 Bay State I I O 0 03 I O I 03 I liv L. L Met I 02 I O 02 02 Ce Cedar l ar Ext 0 OH C r. r Talis Tali I 03 I o 03 1 03 Colb 17 I 17 Col Col Con Can I 19 20 Pt 05 07 07 I ll 07 Car Cardiff 11 Croft CroC 01 OH 04 OH 01 1 04 04 Cot iCing OU OHI OH OH C Cot y nt 1 ot Daly I. I 1 SO Daly I I. I DIason j 22 26 6 n 26 6 Con 0 02 03 II 1 02 02 Daly J. J Ex 10 Em Cop 1 20 E. E Prince I 01 I. I 11 01 01 E. E B. B Bell 11 U I 00 Em Cop 2771 SO Earl Eagle 27 2 32 27 i 32 fi E. Cn It Jt 00 01 00 01 E. E Tin Con I O 03 03 03 Fort hail 38 38 s I Gr Gulch lal 15 30 Gal Mug OO 03 ot 01 Gr Gal Cen j iO SO 50 SO Gt Gt 11 Howell 19 20 O I 19 20 o Home Howel Hun 02 03 II I 02 03 I Iron 1621 1621 md Ind Queen 16 01 02 OH I Tm Irn King 05 20 Keystone King 54 54 4 CO 60 King ICing Wm OO OHI 01 1 K David David 05 01 05 Lohl Lohi Tin c 01 01 On 01 Ol Leonora 1 OH On 01 Lit LIL 12 to 40 40 40 1 Bel 03 03 OH L Id Sul 49 9 50 50 SI 03 net a Ire 2 Mammoth ammoth GO 60 70 60 70 70 dil Hill 14 15 1 H 4 18 I JIl 1 May lay Day 13 14 1 13 14 1 Mason Val 5 Mm Fiat OH OH OH OG 06 Moscow ln 1 30 15 30 Mj j. j Evans Evan 03 I 03 O 0 Uth 20 22 0 0 22 Midway 3 2 31 31 NW w. w QC 17 18 16 08 16 I OS 08 15 15 O. O K Sil 39 39 38 40 O Ohio Cop 1 |