Show du C Page of the Finance Grain and ana Live Stock 1 LION SENDS LON ATEE TO io STOCKHOLDERS I est st Letters Leters Indicate Peep Peep- fa r Work Is Bringing f Results If r asse assessment No o. o 2 no- no nt- nt companying Charles H. H Norbert K f or Secretary is sending Mining company statement to stock- stock ho he following I U to man ninny many Inquiries re- re t answer from stockholders of or the tho e companY I beg leave lea e to report U Up to September 1 1 1917 17 r re L at the mine ana u. u 1101 ut rb or Of September 1917 the thed he heid id d and fart smelting companies with wih i we I were doing business placed bargo on oil all ore shipments from NOV Nev bargo eY our al nearest railroad point pont fier this embargo was placed wo woe e 0 fer misfortune to break brcak the crush- crush our mill which necessitated clos- clos mi make the thery thery down for thirty days to ry TI repairs Short Shortly after this id d a market declined to 5 51 cents celts and nd from 11 cents centRo which we ve had 1 elving on our r o shipments of ot ore of or these conditions the theo theW theof W of directors concluded to suspend o her ther shipments of or ore close down ill and continue continua development de onlY tonly I. I As a result of or this our was cut down to eight men jh number Is la at the tho present time fed Byed and Immediate operations development were corn corn- id d. d We sank our North orth shaft shaf 10 tarn rn m which point crosscuts have Run run in a n northwesterly and west vest with wih a n view to intercept- intercept their downward bo e ore are bodies on I Up Tip to tho the present we wo have hae not reached rached tho the pa pay streak thou though h from our superintendent Indle indi- indi e are aro In the ore oro zone It I Is the thelon lion of ot the company to determine arc lon r TO reserves in our development tg the low metal prices and amI as asI asKs Ks 15 wo havo have sufficient ore in rc- rc i I and market prices wilt will wil ju Justify tr we wo wehen ben hen start tho the mill mi and resume in- in pi b operations operations might add further that th the tho policy I t of or our mine operations has been ow low m Is Immediately under the tho din diU di- di m U n of or 1 E. E L. L L Talbot tho the tor or of or our com company pan whose aye Ave been rendered without com com- tion We Weare aro ara Indeed fortunate In Ing bg g ton R a mining engineer of or such exa ex- ex peal ml ability associated with wih us It I rne a pleasure also to state that p of of tho the officers of ot our company drawn ran any salaries whatsoever money moncy expended at tho the gen gen- ent en- en t e being for actual clerical lOW FOSSIL WELL DUE Mil T GE OL showing Is 18 made In Wood No 1 I In tho the Fossil Fossi field accord accord- to o 0 report yesterday At 50 feet hole ole had gone gono through the cap I nto Iro u tho the sands sono and I IP Ig now making on oil and gas All Al who havo seen scon gs owing lowing declare this to be bo the best ever drilled dried in that field and enthusiasm i 1 Is resulting Six to feet reet more drilling will wil bring Itis it itUs I Us Hs is said according to tho Ker- Ker Kem- Kem n. n Irge e quantity of oil 01 has hns been baled the hole which fills fis as aR rapidly Toll 01 Is Ie taken out out Several Se erl 0 oil 1 have bare aYe visited ler I tho the new wel well InS In- In f S W Vf S. S flyer who ho declares It be at beast a it barrel 20 producer I OH Ott 01 Development De Is as yet et as ns to t its Is next move mo lint Jut to tho the next sands hoping ure euer e cr greater results I ow OT of ot ga gas and good showings s of or I Ire re encountered Monday night In well wel being drilled dried by the tho I Petroleum company on the ast ut quarter of ot section 22 town- town l tin Lin In tho the Fossil field at a depth of oC tt ci et It I Is b by the company compan U 11 J ten holes on this quarter sec sec- McBrayer W. W E. E Cardell Cardel and Hunter Id Idaho ho men who are aro In Intel ined in- in 11 ed tel In the Lincoln-Idaho Lincoln Oil 01 com com- In Kemmerer I Sunday and anil ta lay tay here and witness the spud- spud n a the company's first well vell in the Held field trat wel Marietta rig of or the thc Lackey cy Drill- Drill Dri- Dri arrived at Fossil last lasty lastY y Y 1 and I Is now being transported Fossi 4 east cant alt half haIr of ot section 11 11 1 prop prop- t. t the Lincoln Lincoln- Wyoming Lincoln corpora- corpora shere bere Lacko Lackey will wi drill dri cl eight h for or the company compan The rig came camo California Another rig arrived Utah carl early last Int week end and has hs Weed placed fo for In Work York on ct will be bo vigorously wi prose- prose tract to drill several tho the r re 1 i. i In t fh V dri T T t n. n ft 11 wells velIs 1 on J l. l U ii A AfO fO fOi i j tU U cot Oil Refining company of 01 ake k has bias been jot lot to Charles Carles i. i The Mascot lacot recently company compan L tr from m E. E J L Long ns the east cost half of or v Quarter of oC section 20 W and V 81 n quarter arter of or section 17 17 bin 21 range rn 17 eel ent w wa i closed here on Wednes- Wednes n. n here r o G. O. O Ballon aHon of or Salt Lake Lale e 10 the owner nor of oC a bl big bP Interest In 01 Development company be et ett t j In the the Idaho wyoming com com- being ng at the same time t the tho Lincoln county oil 01 fields g considerable attention In ake ko I I. J i. i A 1 er V O Tt thc Wyoming Idaho ni ny i Is In rn th he receipt of a letter leter secretary of or the Salt Lake sIt 1 exchange e. e requesting Idaho Idaho- Ir In Int v be liSted d on the Salt Lake The The Tn matter of ot l listing thu this stock ie e Considered b by the directors director at t regular board loard meeting Lead and 1111 I 4 7 25 ToIa Today For Spot t Feb 28 exchange lead V finn spot tn-DUl tn St St. Louts Louis Lous delivery at tUO Spot c copper l ncr llO fu- fu futures 2 SP Spot t tin tn s. s 31 Lead spot Spot 2 2 29 lOs M 50 10 Spot 5 54 fu- fu MORE I IN LOCAL MIN Mil STOCKS Bu Business on the local mining e ex exchange cx- cx change opened tho the week wIt with wih a little heavier volume than that of or Monday Monda a week n ago o. o It I Is comparing with wih While hl several of ot the local stocks showed a disposition to move upward the thc big eastern marts continued about I. I tho the same saro as at the tho Saturday close Thero There seemed to bo be no bullish factors of sufficient moment to draw drow the general general gen gen- eral crab market out of or a n rather quiescent cent 8 sta state ta t e. e Local Locally Columbus Rexall Columbus again at- at ot- ot tamed the he Jl fl level with 1333 shares changing hands from 98 n cents ur up Prince Consolidated on sales of ot shares moved up to 54 cents again Zuma reached 17 cents on sales sates of ot 1500 shares Bingham Amalgamated wa was lively around 9 to 9 91 cents with shares turned over o Howell Howel recorded a a. n similar amount around 13 cents Lehi sold old shares Alta a Tunnel lIn 1 nela its IS recent gains Utah A New ew Quincy were In demand Sales yesterday esterday totaled shares valued nt at The official closing quotations arid and sales were reported as aK fol I I- I I Bid I As I a 1 Michigan chi aa n 01 Antelope Star Star 01 01 Aita Ala Consolidated 21 24 Ha Tiger 01 Albion 02 03 American Con Copper 12 13 Alta AHa Tunnel T. T 1 13 Alta OO 01 Bullion Bulion OO 00 01 Bole 01 Big Dg Four Exploration 09 Bingham Amalgamated 09 10 Big Bg Con 01 01 OU I Beaver Copper OO 00 OO flay a State OO 01 Beaver Lalee Metals O Big BIS 1111 01 03 Central OO 00 On Cedar Talisman s 00 02 Columbus Columbus Rexal 98 98 99 Colorado Con OS Crown n Point 02 03 Cardiff LOO Croft Cottonwood King Cottonwood Metal Metal 02 Daly Dragon Consolidated 2 26 DemiJohn Consolidated OO Empire UneR 18 32 Empire COPPer Eastern Prince Eagle Engle Blue Bell Bel Emerald Bue 05 Eurek lne 08 10 Emma Consolidated 10 30 10 Earl Eagle Ealo On 02 02 Enst Crown Point 01 01 En Fast t Consolidated 02 03 Eureka Bulon Bullion 05 Go Gold II Ch Chain a In 0 S Grand Central 55 Great Western M. M l. l Co OH H Howell oel 12 1 Home Run OO 00 Iron Blossom 60 so 61 i Indian Queen OO OO 1 to 1 Ii ICing I n g 14 1 16 1 G GJud Jud Judge e Mining GOO King David 02 02 M. M 1 1 03 Lehl Lehi 04 On 04 Ot Leon Leonora ora 01 01 OUt Mammoth 2 00 00 Miller Mier OG 06 12 May 1 a y Day 03 OJ Mineral Flat 03 04 Moscow Iosco O Major Evans Con 0 Michigan Utah It H H i iNe Ne New Quincy 10 10 10 vcr 03 Neva 0 01 01 Original Ban 02 03 Old Crater OO Ohio Copper 85 85 1 00 Bristol OO 20 20 30 Prince Con 63 54 OO 00 01 Paloma Extension 01 Price Mining Inin O Provo 02 03 Rico Ar 05 Reeds Reed's Peak Peale Ol 01 0 Rico Wellington 17 Sells 10 11 S Syndicate OO 01 Silver r King Coalition Coalton Seven Se cn Troughs 01 03 8 T. T Coalition 10 10 20 Silver Si er 8 Coalton King Con Con tU Sioux Con 02 04 Swansea Con 01 O 02 South Hecla 71 75 Silver Shield 15 Hi 20 W South Routh Hecla 03 On Silver O South Iron Blossom OO 00 Secret 01 South Park 10 Con 20 Tar Bab Baby U O o Tintic Central Cental 03 OJ Tintic Standard 12 1 DraIn Tunnel 02 1 1 50 ro United 01 01 02 Uncle sun Sam 01 01 01 Utah Uth Con OH 02 Union Chief 03 06 Victor Con 05 05 Whirlwind Con 01 O 02 Wilbert OS 09 Vest cst O 09 Walker Valker Mining 1 CH 1 5 Yankee Con 05 05 06 Zum 17 17 20 o G SALES Bingham Amalgamated 2000 at Dc 1000 at f Ole c 1000 Bay State 1000 at Ic c. c Columbus at 3 5 at 8 at 1 1 Colorado 1000 at Sic Demijohn 2000 at c. c Howell Howel 1500 at Lohi at Ho Michigan an at HAc New Quincy At 1 Hc Prince a a at SIc at Sic tc A 4 A v Tar Baby at He Tintic Standard GOO COO at nt 14 Yankee fOO at 5 c. c Zuma OO at ISle GOO at ICe CLOSING SALES Albion at at Ic Alta ilta Aln Tunnel 1500 1501 at Buy Cottonwood 2000 at I 1 Uc e. e Rexall Columbus GOO COO at I Karl larl Eagle lagIe 1000 at Howell Howel 2500 at 12 c. c Iron om at SOc DOc Oc Lehl Lehi Tintic 2000 at le T I Mineral Flat Fiat 1000 at c. 3 Non New lew Quincy rOO at 10 c. c Prince at SIc Paloma 2000 at Sc c. c c Provo PO 2000 at Sells Sels at 10 lOle c Silver Siver King iCing Coalition Coalton 34 at 10 at 1270 Tar Baby COO at Hc United Tintic 1000 at West ct Toledo at 9 c. c Zur Zuma at Total sales harl shares I Selling Soing value alue 52 A ALASKA ASIA GOLD HOLDS OFF PAYING INTEREST Dad Badger el Bros Dros Private Wire Boston Feb cb 25 The The directors of ot the laaka Gold CoM Mines toda today voted not to topa pa pay the Interest t due March 1 ori oy the A and B LI debentures as aH tho the company hUB bus Insufficient funds funda on h hand nd for that pur pur- pose hose COTTONWOODS COTTON WOODS HIT BY STORM Three Days Days' Snow and New Slides No Damage Weather Now Nov Clear Cler Salt SaU Lake operators In the Cottonwoods declare that ono ona of ot the worst storms of or the season Beason raged In part of ot the district since laR Friday night Frda Friday and Saturday Sunday there was more or 01 less storming and quite a heavy fall faU took tool place In places twp two to three feet of ot fresh snow sno Is re reported re- re ported This took out tho tIm telephone I connecting tho the Alta AHa Tunnel fi Transportation Transportation Trans Trans- workings with wih the I I rk City central dentral Teams were welO unable o reach upper Alta AHa part of oC the time Yesterday afternoon Judge Haire got Into communication with Superintendent dent Fields at the Michigan Ut h. After Aft Aft- Af- Af er or a 3 pret pretty severe evere three da darn storm everything had cleared up anal ari at In the afternoon tho the weather was fine Une There had been a 0 number of ot new sl slides s in tho the mountains But in no instance was wa any dama damage e reported The Utah Michigan Utah on Friday succeeded in getting four ore teams through the storm to the the ore bins but there were none up on Sat- Sat day and Sunda Sunday When hen Mr r. r was telling of ot the up clear-up yesterday he said that looking doWn n tho the canyon canon ho he could see several Beveral teams breaking their way through tho the new snow to camp ITo IIo expects to have ore a again ag moving mo ig down today sure NEVADA CON SHOW PROfiT B By Ba Badger er Bros ros Private Wire Boston Feb 25 Nevada Nevada Consolidated Copper company's compans quarter rep report rt December 31 31 1917 shows not net net profits of ot equal to 78 cents a share compared with wih for tor the same saro quarter In 1916 equal to 2113 13 The total profits for 1917 computed on a basis of ot the company's compans quarterly re reports re- re ports was waR This Is equal to a a. n share against profits of oC 14 1 5 for 1916 The production In Inthe inthe th the fourth quarter totaled pounds against pounds the previous quart quarter Dow Dow Dow Jonet Jone I Emma Ore Carries Caries 56 Ounces Silver Officials of ot tho the Emma Emma Con of ot Alta AHa report last weeks week's progress as a follows Oro Ore assaying 06 56 6 ounces silver siler sl er and 6 per cent lead per ton Is 13 now being mined from the tho third level Inthe in inthe the he Emma inc lne Further according to f V received at the compans York office on Saturday Satur Satur- day this nj t ting is looking better from the a s 6 sTu Tu point of ot quantity of or ore than It ha hasl hn Lin tn a long IonS time past past The wino winne ja now reached a depth of ot 82 feet fee below the third lev Icv l l. l and th thero ro is less than 25 feet teet more moro to go to reach the point where it is the intention intention tion ton of ot tho the mana management to cut at a n station station staton sta sta- ton tion with wih a a. n view to mining the ore oro from below upwards upward b by the tho called so-called so-caled so overhand method methodS so as to mine it I cheaply an and economically The Te intervening intervening inter Inter- distance should according to the present rate rato of or progress be covered cov coy ered In tho the next ten days lays to two weeks In tho the meantime st steady ady shipments rom from the mine a 3 ae e e being maintained at atthe atthe atthe the rate of ot about 25 5 lo to o 30 tons of ore a ada ada da day y I Give Reasons For I Ut Utah W Jt Copper Cost Here Is s the way the east Interprets I the thA preliminary fourth quarterly re- re Jort ort of ot Utah Copper Copper published in these columns Sunday l I Utah Copper production for tor tho to fourth quarter was vas poun pounds S as a against r in previous lre quay quay- ter The Tho cost was 7 G cents a n pound compared with wih 10 for tho the third quarter The hl high h cost was wat duo due ue to the state tail 1 federal taxes to the thc low low- low bow ore and amI party partly part- part ly y to the fact that no dividends s were declared by tho the Garfield Garfeld railway During the lat last quarter of the tho year ear the copper salts ks were much larger than the production which re resulted re- re sule suIted In a n substantial decrease e in itt tho the amount of or copper on han 31 31 11 Well el I Flows 1 O Barrels Houston FIble Co I Kansas City wire wireS Tulsa Okla Co Heu Co Just well wen drilled region In barrel well el In th the Blackwell Blackwell Black Black- UNLISTED D OIL SO STOCKS JS There T were vere re no sales salen yesterday the unlisted oil oi It stocks ks The flie clo closing lu quotations quotation were I reported as ni follows follows- VI V t I Bid I 1 Ask st. AskI I liPid I Ast l. l i ls n Rear 04 C Nat t. t Pet frt et 0 i 07 07 Inc Ind 45 51 No Xo West Wt 60 60 70 11 hot Bot Wyo 21 SO 16 0 Out Olt West Wt C 1 01 Oi 30 Ca' Ca Col Ta I r Oi Ot 11 OI Republic 0 Colony 17 20 O Premier 10 13 Con on flay Hoy I 65 63 Shilo 10 13 1 Pol rm u mM n. n 20 Suit Ino 0 O. pt P Pt 13 g 17 Elk lk Ba flaIn ln 6 35 7 1 Sinclair 0 57 r 7 72 jmj Iet Ift O 0 10 3 IT O 0 C blat 50 flee BLO 03 QZ 0 0 O 0 Jupiter 30 13 Vet Wt Exp 1 1 0 Ienn 82 52 93 9 so 0 M 06 50 r itt Mei-itt n An 10 30 0 43 4 U 45 0 22 2 00 0 Pt JO MI rr pt yo 04 01 10 tW W. Con Cn 26 r o IQ 10 1 o tt I 11 1 MONEY I New |