Show 1111 i MINES AND MINING STOCK QUOTATIONS r I BUREAU OF MINES t tI tI I I j k AND MINE AFFAIRS lefter Leter F From Head eaI of Depart Depart- as Read at Spokane I kane Congress If r 1 Showing the favorable a attitude o of or the head bead of or the bureau ot of mines toward I tho th the mining ind Industry of oC f the west the I following is a copy cop of or the letter from Dr Joseph A. A Holmes Holm s the director of ot the bureau read at recent session of ot the Am American Mining lUning congress at atIn poI anc In In response to your request for a I to to be be read at the congress rc concerning concerning- i the w work worl and plans of or the Bureau p 3 reau of r mines with special reference o mining in tho the west western rn states The Tle burau bul of or mines fully recognizes lUl the indebtedness to th the tho American Mining Min the most in- in ing congress congre not only onh as agency In behalf of or Its establishment biH tt also for tor tho which tho the om- om anent TIent and assistance o of ot the bureau burea have been con- con from the officers and members of or the mining minim congress confess In thus thus' ack acknowledging o this Indebted Indebted- j Indebted Indebted-I w- w f T 1 rl J I A i 4 r thA tact fact that the h b bureau r oC of t i o not i-bel i belong g to tota ta director nor not to the department of ot the the Interior It belongs to the tho mining industry and the tile mining men of or this countr country country and It looks to them for fr ad advice ad- ad vice ice and guidance In this spirit an and to an extent nevor never before elore practiced ed b by Q any n other branch pf or of the government service the bureau of mines from It establishment to the I resent pi t timo has In all Its plans and policies sought and acted upon tb the tho best beet advice of or the mining engineers theIne tho the mIne Ine owners and the mine workers of or j the i the country Such will ill bo be its policy i and Its practice as long as lS Its present t m management na ement continues j I The purpose of or the tho bureau of ot mines miness I I Is s not to concern Itself especially with matters pertaining pertaining- to either federal or orI rI I state legislation nor to compete with I the private mining engineer or chemist I In doing doing- those things which ml might ht betI better bet bet- I 1 ter be left to private enterprise Its t J purpose Is IB to conduct such inquiries and scientific investigations and to lJ I publish such reports as will best promote promote promote pro pro- mote the health and safety of miners 1 lessen the unnecessary waste of ot Important Important Important tant mineral mineraI resources and advance the general welfare of the mining Industry Indus- Indus try As to the work of ot the bureau in be- be half tal of western mining industries I en endeavored endeavored endeavored en- en 1 to explain to the members of or orthe the American l Mining congress both at Its Los Angeles session In 1910 and Its 4 J Chicago session in 1911 that during i these two first years under umer existing legislation e the bureau largely largel andt and p t- t necessarily devoted ote its energies to the tho thov v investigation of or the coal and other fuel industries of the middle and other eastern eastern east east- em ern states Durin During that time however however how how- ever the bureau bure-au has hM maintained and operated In the Rocky Rock mountain and other western regions three mine safety safety safe safe- ty cars and It has carried on a- a allm tim tim- I Hed investigation In connection with the smelter Industry within those reV rei re- re i V glens I Bureau Expenditures Expenditure r During the current year th the bureau Js is expending main mainly in Colorado Utah I California and Montana Its first dis- dis disA A- A o appropriation ot of or In beI be- be I half Jall of the thc western mining conditions t j. j which appropriation was made under the following language For Inquiries and investigations Into th the mining and treatment of or ores orca and other mineral substances with special 1 reference to safety and waste I. I provided that no part thereof may be bo 1 t used for tor Investigation in behalf of an any private party nor shall an any part ther thereof thereof there there- of or be used for tor work authorized or r ro- ro f. f by la law to bo be done b by any oth other r branch of the public service i- i iThe The bureau is also expending during l th the current year ear an appropriation of ot otI I in testing testing- the tho workability and availability i for tor naval of purposes certain tam tain of ot the coal beds in the Bering river and coal fields of or Alaska The department has recommended j that the appropriation for tor those west west- J em ern metal mining an and mineral Investigations os In during tho the next year be increased in- in s. s creased from OOOO to It Is hope that Congress ma may see sae Its wa way clear to grant this Increase and from fromI I time to time to make such additional f- f appropriations for these Inquiries and Investigations as as will enable the national na- na government through this bureau I to discharge Its full dut duty and to meet I J 1 Its Us full Indebtedness to the mining Ini industry Industry In- In i of ot our great empire lying bet between between be- be t tween the Mississippi river and tho the and In Alaska The bur bureau au of mines has operated co-operated In the past and will operate co-operate In the future with tho the American Mining COllo con con- o gren and with Ith tho the mining journals of or i the co country In getting tho American people people to the progress and tho the I I magnitude of our mining industry and what this Industry means In relation to thoi 1 growth and the permanent welfare fn o. o nation I am encouraged to be- be levo Ico that the people of or this country are J- J n t only awakening to the importance f J of mining mining- as one of or Its two great bun foun- oun- oun Industries but that they are arc also alao 1 awakening to tho the Importance of ot this I Industry and the responsibility of ot the I general government in rel relation to the l S of ot the tho public land states and H welfare of ot Alaska tj-t tj I- I r BOSTON WAITING FOR FORNE NEW YORK Gotham Flighty Under Changes F From Bear Paws to Bull H Hors Horps 0 By Dr Badger Bros Private Wire Ire Boston Boston Dec IS Market larket Market opened yer very ver quietly with a somewhat ea easier ler tone There was a some soma selling of Pond pon Creek I which depressed the price a n point from Crom I yesterday but on tho the whole hole th the Boston market is a dull dead drastically liquidated affair and will await the thc action on the Now York market before showing acton an any concerted action Kenny Co Co New York Dec IS The The unimportant volume of or business done on the thc stock exchange was vas wa purely of a a. professional kind lend and among the room traders Prices wavered back and forth orth from opening to coso within n a comparatively small sinai smal radius in n the leading Is Issues Issues' Is- Is sues sues' Bearish efforts to break the ues market were made at intervals but these attacks were met with firm r re resistance resistance re- re and on the rallies rales stock was met in sufficient volume to check an any advance b by the thc bulls buls In the he late s session the e Reading meet meet- 1 ing occurred and ana tho dividend was in increased In- In crea creased ed to 8 per pel cent per pcr annum which resulted In a a. l wild wid rise In this stock to 10 carrying the whole market to great activity and higher prices Swain Now New ow York Dec Dee 18 DurIng During the thc carl early session the market market was waR quiet to today today to- to day and nd unchanged Toward the close there was n a slight rally with Braden the principal feature about 1500 HOO shares hares haress s selling at 10 on what seemed to be good buying Mason Valley Valey was very quiet and without feature feature Fa Fay 90 AT ROCHESTER Vein on Crown Point Widens at Depth and High Values Continue More rore favorable news continues to come in from the thc now new silver r camp of ot Rochester two twenty-two miles south of ot Lovelock Nc Nc A telegram was re received re- re yesterday from II H. II I. Hunter which states that a l sampling of or six feet teet of or ore on the Ludwig lease returns of 90 0 When J. J F. F Cowan SYO of ot this city sampled the same vein eln last ve week k It was four tour feet wide and gave Ga e returns of ot 3 3 In gold sold and 2185 18 5 ounces In tn silver These Thes samples were from a hole five fie to six feet teet deep deop Mon on are arc aronow now nov sinking 1 I o on thIB this block of gr ground u d IHO UJO resul inc uno J LUd- LUd ua- ua 1 wig IG lease lease Is a a. a portion pOlton of ot the Crown Point group In which Mr Cowan purchased pur pur- purchased chased a a block of shares chares Ho said std yesterday esterday that this bu buy was WiS made mado not for tor associates but for tor himself On the Hunter lease of ot tho the same samo group loup feet teet cast east of ot the Ludwig outcropping outcropping- rock assayed under Mr Ir Cowans Cowan's Cowans Cowan's sampling O in sold gold old and 45 46 ounces in silver In another open cut about feet still tl further east an assay from an open cut Rave gave re returns returns re- re turns of or in gold sold and 17 Ja e ounces silver Mr r. r Hunter wires that men are coming com corn ing lag in thoro there at the tho rate of ot fifty a day and that the boom Is on Some are at attempting at- at tempting to stem the tide but apparent apparently ap ap- ap- ap parent without effect Rochester seems to havo have bobbed up on Nevadas Nevada's mining map to stay I I NEW BOSTON-NEW YORK COPPER MARKETS I Badger Baller Bros Broi brokers broker n. n ic 10 It Main ham street furnish 10 Tate vate tl the te following wire received yesterday t ray over ocr tb their II Pr BOSTON COPPER U. Sales II I. I I L L. L fc C. C 0 2 2 2 Arizona Commercial CommerIa 5 G 3 3 Alaska Alaka 12 3 11 31 4 Butte Superior 1 ie 1003 3 ss' ss 4 1 4 1 4 Calumet Arizona Arizone 43 3 6 63 64 1 6 Chief Consolidated 50 O i 1 1 J 1 4 Copper Hang is 50 o 49 49 9 Dayl vis Daly Doly u z 13 i 1 IS 1 ii 4 i 1 Eagle Kle A. A l Blue lIe Bell Bel 14 H. H 11 4 East Butte lute 14 ii 13 4 Franklin Frankln M O 8 8 5 S' S 7 70 K Giroux Girou CUi 4 G CI 69 Greene Cananea i s 8 84 ss 8 Indiana 2 ISO 10 1 U 14 Isle Ile Royale norale q 31 51 30 4 ll Lake Lak Copper j 24 14 Majestic 2300 1 2 a 51 W 0 60 2414 3 ll non Valley aliey 15 Ii 10 1014 i 10 io C 10 Nevada eYd vada Douglas Douglis 13 1300 Z 3 U It North orth orb Lake C 2 4 2 North Butte Bute 26 31 i Ohio Copper 4 3 1 1 l 1 Old Colony to s-ID 10 S 8 a 5 Superior Copper 65 65 Z 23 35 Superior Boston o 3 1 12 1 U. U S. S Smelting 3 4 41 11 U 41 41 Preferred 4 61 67 4 49 49 4 2 UtAh Consolidated d 0 20 10 O 10 Michigan Utah iO 50 1 95 5 lC 5 BOSTON OSTOS CURB CUI STOCKS I Bid Ask Ariz Arz 8 Mich C S E 15 49 Et St Bohemia 2 2 21 21 Mason J Valley y 10 i 11 Boston Boton Ely 1 I 16 18 Ion Douglas al 34 1 3 CalaveraS 2 2 2 Ohio 1 l ii Cactus 7 8 o 1 1 itt l 1 Chief t Con Cn 1 l 11 SLat Shat Corbin 7 10 Sap Sup Globe 2 C G lo 10 Chine Cico 7 i l i l j south South Routh Lake Lake Gobe 6 6 DaI Davis DaIs Day Daly Daly i l 1 c C 9 K R. B. B B. B l. l 1 lv 11 erdo 4 Utah Uth Utah 4 6 EI Ely Witch 4 8 S Baltic I l 1 Inspiration 17 1714 17 1 Mich Utah 7 11 7 10 XE V NEW YORK CURD CURB n. GE H. H I L. L I 1 O o. o 1100 4 3 S Alaska 33 1 12 11 ng j 12 4 Ohio Copper COO i l Ill 07 1 10 OT fly Ely Consolidated 0 1 Iv Greene Greno Fly 2 00 10 10 20 0 10 16 0 Consolidated oo s 8 c S s Consolidated Arizona il y Q i. i Tonopah AA i H 7 4 44 Nevada evada Hills mis 0 GO 1 Cy 6 6 14 1490 i OC 26 IV Hi IJ i l i i 1 26 McKInley tIer Dar J 2 71 4 iss i g 40 19 2 8 I El I Paso r 0 fe 6 8 B Braden 6 6 w 7 7 10 Mason Ifon Valley Aler joo 3 9 Braden Ex 60 10 10 10 X NE YORK LISTED E STOCKS 11 i ISales C o Tennesee Copper 10 afi U I- I Utah Cp Copper r 6 2614 55 55 1 6 19 13 19 Is' Is 19 Consolidated l I OTO oro U L' L 2 2 2 SiS Chilo 42 larl a g. g C 31 I 41 41 4 Sf-rS- Sf Hey Cn 1 i 0 40 20 O 2 20 29 20 i WO Studebaker J d 1 O 3 i 91 1 ll 1 11 G 1 r J FLORIDA LORIDA LJ LEADS Florida Is tho union In leading state in the tile the production o of phosphate rock according to the United survey J In 1911 the phate was valued at phot- phot pared with ot In Ir 1910 COU- COU COUI I ONE GOOSE EGG CAll RECORDED No Sales at Morning Call Cal I Afternoon Business Is Rather Limited n before betor In Ie the tile history of or the Suit Lake rAke Mining exchange no was th there r n a call al without th thc sal sale of or n IL single snare 1 of ot clock k tin th record at yesterday est Jo morning N In Ip th Urn there a small smal I amount of or stock k sold cold told being the hI h Me trader disposing of or G. G at ot 7 cents cente Ohto Ohio Copper Copier sold for tor an and SIT Silver r Kin 1 Con Coo nt at nt 75 cents Sales Salee SaIl for tor the thc day a amounted to Se hal at hS The Tho official colu closing quota quota- ton lions Tester yesterday Jay were cs as follows r J I Forenoon 1 Afternoon II I Bid d. d Aak J II Bid Eld Ask AHk lk I Tunnel Tinnel 10 30 1015 lO l 11 11 Ill I'll nII A mal tun I. I 0 07 03 0 5 0 0 Black HUk Jack 1 12 Wa 1 13 Cn Carla Carlea 1 10 1 10 t Talisman Cedar eler 01 01 Ol S 01 on I Central Mam 10 0 io 10 Century In I 01 C 01 01 Ir CI Colt Gilo MInin 38 18 8 20 o 16 6 20 Columbus Con J 2 1 12 4 1 Con Mercur 1 10 lO o 02 in 10 l Crown Crowl Point C or ot 01 04 OH i Daly 1 12 I DI Daly 70 Q 60 6 Q Eastern O 02 o 02 i 0 0 ou J F E. E Crown rn PL Pt PL oo MM n j E. E Tin rin In Con Coo o OOS w Q 4 R E Tintic le 0 01 01 l Emerald 03 OJ 10 03 OJ 10 Gold Chain f 0 40 ro 50 fO Central i 82 2 77 7 S Indian 7 Queen n 02 Iron Blos in m 1 1274 12 1274 Toe Toc Bowers CO 11 William 3 03 0 o o nj 0 02 I Lend Len 1 01 01 l 0 05 Lehi Tintic i 01 COU 4 01 Lion Hill 11 02 03 O 04 03 01 I C 1 Little n Bell HI r I 3 N 3 I th- th o Valley 1000 l O Ij 23 21 t 23 21 t Mineral 1 Flat H 1 fI 1 Ie I.e. 03 0 j 03 0 1113 BrItIsh h 40 Ils 13 10 Non cw York 02 OZ 02 0 02 f Ohm Ohio 1 11 07 v 1 6 67 07 lincIe 09 03 3 Qi 09 Oi 4 PI hp Metals CI C 0 02 CC 12 r. r 07 Oi 07 4 Oi Con 11 Rich k 05 0 03 0 01 0 05 01 O o O 02 v S. S l Coal Coni 27 1 s. s I III Cun 76 16 71 G 55 Sioux Con 6 64 Ot 01 05 S. S Iron Irn 01 0 C J. J vl 01 01 l Ol 01 Tint CI Central lr I Co 4 Ol Oi Ol 01 4 4 00 Oi l 01 l 0 01 Uncle s1 Sani 10 13 10 I 13 Cn OP 02 On 02 C Union Chief 06 4 05 Ol 06 I V Victor Ictor CI CV 55 t Coo 6 5 61 Cl 61 6 j d. d OS 12 O 09 L 1 J 15 l li Copper 03 0 N 20 SALES S. Xo ules on regular call caU BOARD call o regular listed sold old on open lort heart AFTERNOON SALES S. Daly 10 at S May Ia Day Dar 10 0 at t 23 c. c Ohio Copper 10 10 at Hc 11 at It ic OPEN BOARD sixty Crown days Point 1000 10 at c 00 at t 1 H. H buyer r Irol W Co at Ohio Copper at 10 n nt t Te Silver Kin 0 0 at t j Se Shares cold Eold COQ 1600 sellIng value Sole Sales on curb totaled tl OC chares On n a market Ala ot of 2000 O lus at 61 57 to 63 ew Yet Yet- sold 1 3 at t I. I cents Closing curb quotations yesterday were vera as Ala Alta Con 53 II Ely Witch I fling n 1 Cen Cn St 10 I 1 12 Apex OS 10 Ely 21 30 MIch Utah 1 0 96 G Co Col Ix E 05 03 0 OhIo 30 New Quin l 11 23 33 1 Kil Y 09 r ELY MDONALD Y READY I FOR STEADY WORK Preparations for resuming resuming develop develop- ment mont at the McDonald Ely arc being act el actively pushed and within u short time the regular miners will wil be driving from the bottom o of tho the foot toot Golden Gate shaft shaf says tile the gl Ely Expositor While hUe Superintendent expects th the drifts will wil be sent out out to the east and west when whon the mines mine min i is s and he can make an examination ex ex- of or the 00 workings and plans ma may be changed The pumps belonging be- be l longing |