Show 1 MINES AND MINING STOCK QUOTATIONS MINING MEN I I IIi 1 11 Ii WITNESS TEST I Automatic Gold Placer Co Go Will WillI j I Have Manufactory in f. f Salt Lake City i 1 J IJ I II Mining men In this section of ot thc the i country who own placer pIncer bars on 01 the theold theold old Snake river In Idaho on the Gi Green oen and the Colorado rivers and In southwestern southwestern south south- western Utah and ld In fact all al those who have v.-ho-have have holdings s anywhere In hi the west who have ha e ot wind of oC tho juie- juie ue- ue cess es of the thc new Automatic 4 Gold l lacer Separator company will wi s foci fe vitally Interested In Its Is success This was the 1 magnet which yesterday afternoon drew a large number of mining men A out to the homo home ot of W. W C. C Sixth East street whore where a a. little model machine has lus ben been built buit and set setup et up UT simply to demonstrate the principle That hat the mill mil has hat the process antI and will wil prove a a. complete success Is Js th the opinion of at atal all al who have seen it i In n The fhe outcome e of tho the demonstrations of the Inman mill mil during durin tho the summer out on Green river and recently up iii 11 on oil the sandbars o of Snake river l Js th thru a p- p I c 1 or n i 1 il iii o 1 1 w o vv rf r- r this tt city iv for J a the manufacture or of tho I machines machines Amon Among tho those o Interested ar are e i Judge Georgc George W. W Silks hilks ik A. A K F. Ouster Guster u. u C C Judge Applegate ate Gus Holmes Jr Dick Cooly C. C C C. Inman and others Already Alread the promoters have Ruf clent dent capital advanced nd b by themselves to put tho the company compan on 00 a LL I firm footing and the erection of ot a D manufactory r at Salt Lake lako will he be begun beSun In Sn the immediate immedi immedi- ate future As a proof that the tho machines machines ma ma- s chines will be he In 11 demand already orders orders or or- wil been received for one of or OO ders have r 00 op In iii twelve hours yards ards dally daily capacity capacity c daly 1000 yards one of OO and amid a third of ot One of these machines is to be Installed by b April Apri 1 J. The machines will wil accor accordIngly accordingly accord accord- bo be made exclusively in m Salt Sal and a new employment Industry wIll m wil la been launched I The little mill at nt the Applegate residence resi resl- dence has a ml capaci capacity of or twenty live f e to thirty yards in twelve hours At the arts yesterday afternoon only the tile water from an Inch hose was Vias as procurable an arid and the force was Insufficient the re receiving re- re dent to carry the gravel ravel alon along cent flume In a demonstration tion this afternoon at O a n hose will Ve be attached attached at- at r to a fire hydrant This will vIll furnish fur fur- nish ample power In Jn spite of or these drawbacks dra however the sands were 1 c carried along along the coar coarse e separated and ana sent over oyer the me mesh h and carried away sands to together together to- to particle of oC black while every gether cr with the heavier hen Jer nuggets or feather light flour four Sold gold would be bl carneil carried car car- neil ried down Into the thc setti settling ing tanks or r l later ter in ill the last long lone sluice box which males makes the tho final catching catching It Is claimed for the time automatic separator separator separator sepa sepa- Ils that It Il will wl save savo o a from 90 to cent of or most any kind of or placer per lilt din celt This does not nul exclude the clus elusive vc flour gold oU of the Colorado anti and tributaries tributaries tributa tributa- ries ricE atIlt ami time the Snake where here the tIme precious In tie places Is so fine that It v wi cill ill like lUte float on the surface of or the wal water I tiny feathers Yet the new process will viii wi tn ot or catch an and recover 35 to per cent v n these values a which since the miners have o prayed for placer great west has been annually giving inS inS' the tho world worM millions milons In gold ol made of nf The automatic mill ml can be to several several sev- sev from a few yards i capacity an any It Il of or InestImable in inestimable tn- tn eral thousands u a I day ay m making king estimable service to ti the small smal operator operator opera opera- tor tom as well en as the large larse We W arc yesterday Silks said aid J Judge e nut ucc trying trying to sell sel stock The Thc compan companY Is financed tring n ani we C arc atc now giving ou our out to see what we C e opportunity j frIends an th machine maJ make e wonderful wonderful won won- have 1 I saw the hO cent 50 and recoveries on river rivel Snake sands of the O black near J Blackfoot a few days S 8 ago nn and ana to our now non we arc simp simply proving ou fr en friends some s of the time claims wo have been making for Cor or It I. I LONDON COPPER I REPORT BETTER L B Inclined ned to Strength j t r Active New York Curb Curl and Steady B By Ba Badger er Ero Eros Bros a Private te Wire Boston 2 Market arkel Market opened dull dul and Inclined to strength Hanock advanced ad ad- over 2 points later reacting 1 1 Lon London on copper report lepolt Is favorable this month Coppers weakened a little In sympathy wih with New Ne' York In the late dealings hut but the tho undertone was strong HUong Market closed with wih a a. little HUla more snap map but no no changes worthy of or mention love Kenny Co New ew York Dec 2 In In toda s 's stock market the chief factor In the way of or news was the tho Union Pacific merger case which decision was waR handed down toda today This decision means the divesting divest divest- lug ing of or Southern Pacific stock by br the Pacific but alo al alSo o gives the right to hold the the old Pacific railroad as an entrance to California On this announcement the tho security market became be- be came canie ver very active with wih a sharp break followed b by a ral rally but hut which was not entirely held at the close the tho 4 rCY y being to hea heaviness rh ili Tho early engagement en en- n- n of ot gold ol at London was waa as a a factor in iii 11 earl early strength also also the tho favorable news on the Dal Balkan an sit sit- It I seems almut too earl early to sound sentiment In hl high h banking I on the Union Pacific as a's as his decision Is reaching far ar and ma may Effect other Important railway systems ton on ok s 8 like good time to go slow Iut Hutton Hut Hut- Sew Nc York Dec 2 Tlc The The curl curb mark market markot t opened e active and and- and steady stead Braden Bruden was good demand during during the ses- ses lon lon registering a considerable ad- ad rance anca British American aC after I. I a cd pd d rise at the opening lost n a little ground on the declaration o oC of C per cent dividend traders having anticiPated antici antici- a larger larKer amount Giroux sagged hut but later allied slightly Balance or of coppers Jray coppers coppers' ra only changed fractionally THOMPSON QUINCY ISSUES REPORT Secretary Arthur r L. L Thomas of or the time Thompson Consol Consolidated Mining company yesterday relea released ed the tue following tel fol lowing annual report for fOI the year ear ending end end- lug ing inA October 31 31 1 Salt alt Lake Lake Utah November 1 I 1 1912 To tho the Stockholders Stockholders-In In m my report to the last lat stockholders stockholders' meeting alp app ap- ap p d the tho following statement In re relation relation relation re- re lation to the progress sg of or the work on the tue compan company's s property In May ru 1911 91 active work was be begun begun be- be gun ln extending the tunnel which runs run from the foot 1200 station of the Daly DalI West est e t shaft shaft The Daly West Yest company at Rt Its Is own expense had Imd the tunnel to tu tho the in Intersection of or the time D Daly I Vest West and Thomp Thompson Quincy on lines and amid work was be begun un at this point by y the time Thompson Quincy company compan and ant hn has Ima Imal heen l een continued until the present time The rhe progress of or tho time work monthly waKa was waK wasas wasas a as follows May rn 1011 1911 1 Sn feet June Julie 1011 1911 1225 feet Au August 1911 1295 95 feet ftH September 1011 1911 11 Hi r 5 te feet t October lull 1550 1550 feet Total t feet Late in on October 1011 1911 1911 n. n 1 ven stron I i I nor northeasterly o fissure as was encountered nc un er ed and early carl In November ember u after ler driving I j the time main tunnel seventy enty foot farther It was t deemed best to discontinue this main tunnel and antI to drift westerly on tho tim fissure Fort Forty feet of or drifting disclosed disclosed disclosed dis dis- closed a small somali fissure cross carrying a n. seam of or sulphide zinc lead-zinc ore It was thought ht that this drifting would ultimately ro crosscut to the overlying beds heds of limestone but subsequent de developments developments tie tie- alon along the fI fissure sure led leil to the tho conclusion that it would be more expedient to tu put up a n. raise at the time cro cross s fissure to tho the lime beds The progress of this drift was as follows November Xo 1911 1425 feet December 1011 nl feet January 1012 1912 1112 feet Total 2 2435 5 feet foet At this point drifting rJ was U cd Under time the supervision of ot the foreman foreman fore fore- man Peter Harrington Barrington the time company compan started lo to raise In December 1911 along the trend trena of the tue fissure in quartzite As the raise pro the time fI fissure became more strongly mineralIzed mineralized mineral mineral- 1501 until finally at al a point feet above e the tile l foot 1200 level le of oC the Daly West est twenty of or very cry rich carbonate carbonate car car- bonate or ore oie worth net nel per Ier ton tonas Was ivas developed e Later development work worl showed this to be merely a kidney of ot ore dc at these those cross fissures fissure It was hoped that the lime time beds were Immediately Imme Imme- b above aboe but hut It was as necessary to raise feet to reach them Rich Or Ore Small lenses of ot rich sulphide and carbonate ore were ex exposed os d almost continuously continuous as the raising proceeded e until finally just below the lime beds cl eighteen inches of or sulphide ore worth about aboul 40 40 per pel ton was dl disclosed closed striking strUt strUt- ing lag northeast nd standing standing- nt nearly ver ver- tica The lime beds just above abo w re reso so badly shattered by b- faulting that it was necessary to bulkhead or support tho the top of or the ral raise e against their pressure pres pres- sure Ule with hea heavy timbers Twenty feet teet below belo this bulkhead a drift dritt was driven westerly fifty feet along the fissure which gradually widened I ened until twenty I feet of white vein quartz quarts was vas exposed Impre impregnated with brown Iron oxides and amid with occasional l of sulphide 0 ore re At the end of ot this drift a third raise was driven and beds beth of lime were exposed feet above the foot 1200 level le of ot the Dal Daly West Vest As this third raise progressed the ore be became became became be- be I came more abundant until finally four feet teet of ot galena g-alena be bedded ded off orr Into the q quartzite un sixty feet teet H above bo both th this is CI fifty fifty- rt- rt foot toot drift A A. few feet cot farther up two foet foot of rich carbonate oro was found and Just above thil this sulphide ore of milling millin grade s-rade was exposed for a distance distanCe dis dis- tance of or thirty feet up the raise ex ex- tending across the fissure Into the thc northerly wall Finally a Y Ysl shaped V-shaped sl hod body ody of or carbonate ore was encountered just touching the lime beds but bUl not bedding jedding off ore into them These beds ls had been faulted subsequent to the ore deposition and it Is quite quile probable that drifting at this point will disclose large Jare arge d deposits of or this timis carbonate ore bedding betIding Into the limestone The TIme raise was continued about thirty feet farther far far- timer ther Into the lime when work was discontinued discontinued dis dl- continued here and a n. station was cut where the tho four feet of or galena g-alena was ex ex- ex posed From the station drifts were run along the fissure easterly seventy five feet and westerly thirty five feel feet The Time Theore Theore ore narrowed down own in every e direction until there remained but two feet feel along the time south side of or the time However cr the whole surface exposed d was stained b by both hoth carbonate and sulphIde sulphide sul sul- ore ore and gave e promise of ot larger deposits In the lime beds which lay lav just I above B By this time a 1 strong strong- flow of ot water ater had lad been encountered amid It was de decided do- do to discontinue work In the time raise until it was connected with the time foot level Jevel of or time the Daly DalI West Yest mine and also until another raise had been een put In n u un no to the time lime beds from this level le OO feet teet easterly aJon along the time fissure an and this raise connected with the time top of theold the theold old raise by a drift This Timis will iiI enable us to drain irain the ore and still have ha a n. dry n raise through which to operate Accordingly According in October Hit 1912 drifting drift drift- ing was started easterly from froni the raise at the time same elevation clo as the time foot OO-foot level of ot the time Dal Daly West est and antI was con for a distance of ot OO feet teet A raise to the time contact is being started at the end nd of or this drift Simultaneously Simultaneous with the time running of this drift lift a contract was as let lel to run an aim I foot drift to connect our ral raise e with the time tout foot level evel of ot tho the Daly Dab West Vest It is anticipated that the time contract will be I completed about December r 55 5 The c exposed hl In this raise are Identical to those existing just be lie- I low lo 0 the ore bearing zone in the time neighboring neigh neigh- boring mines This fissure Is Iser er very well defined and it Is believed cd extensive bodies bodlos of ot ore will be bc discovered In Jn tho overlying o lic beds s of ot limestone Financial H Report port The receipts during the year were Balance R In bank Nov XO 1 1 1912 US 01 From sale GOOD sh shares treas- treas stock Money one borrowed at 6 per lIeI c cent nt Interest 1 u 1 The disbursements during the time year car were For mine supplies For mine labor abol 6 3 For general expense 19 To Total Z 0 9 Balance cash on hand The vouchers for tor the thc disbursements are submitted herewith The Thc Indebtedness edness of ot the company compan on October 33 l. l 1912 1012 was waa 2 8 This does not in- in elude nrc the October 1912 c- c expenses Ot Or r the i shares of or stock Placed In the time name mame of or A 1 R. R l. l Hutchinson Hutchin- Hutchin son on as trustee for tor the time West t company compan stockholders stockholder GO 96 shares have havo been Issued and arid of ot the time GOO chares placed d In iii the time name of or Arthur L L. L Thomas as trustee for the Thompson Mining Alining company compan stockholders ers us nave been issued During the Year car a little over O three three- S el eIghths Ste or of the territory comprising the old Vest cst Quincy group g and not In- In eluded In the time t. t territory acquired by th the tho West Quincy Mining In- In company compan wa was purchased ed b by the time company on Ute tIme basis or of shares hare of or the time treasury stock for tor each one interest The rhe negotiatIon nc- nc for tor these purchases rc were made b by W. W R R. R J 1 th thO tutor tutor- nr ne ney of the tho company compan under and an I b by cli di- di o ol the tile board of or directors and I REMARKABLE I IMPROVEMENT Many Stocks Advance in Price and Volume of Trading Is Heavy |