Show i MINES AND MINING NEWS C CORN PRICES VARY GREATLY Austria to Gel Get Grain Much i 3 Wheat heat Here and in iii 1 Orient 1 By Joseph F. F chard Chicago o. o No XO 10 The Thc The corn market closed i Be to ic for the last Jast week weel Unusual fluctuations have ha taken place pl in this grain ami the Influence ence has hns been the ho ho peace n nV received at ot various I times imes during the tho week weel The he most stIrring session was on Thursday when si a big advance followed the re report report re- re port that Germany had signed the lie arm arm- and ml that pence peace was vas at hand baud The market markl was ws large Jarge ar e with great nervousness nervous nervous- I ness displayed Il p I It II Is generally believed crl that the movement mo of lit corn from roTI farms will I show sho a big Increase ease and that thal exportations lions also will grow Tho food council in ill London has hns endeavored 10 Jo make a a. change so that much lar larger er exports export of ot orn rye rl barIc barley and tIUI flax will be shipped to Austria where the newly liberated re regions ions will ilI ho bo re relieved ye- ye ed from tar starvation It Is- Is expected that some wheat will vill bo be sent there from the tho United States but ut that exports ex- ex ports ports of ot corn will be on as lar large e a ascale ao o scale as possible The Au Austrian merchant mer- mer chant shipping however r must bo be e placed in service er before the tho bl big exports may be begun According to a a. private cable received ed front from orp Liverpool ol the stocks of corn from tHat market remain of uC small proper proper- lions and oni only er very ery limited quantities ire Ie being eln released nc Receipts have o been heen moderate The rhe Isi visible le supply of ot wheat Is the lal largest est cr ever carried In tho the United States and si new crop hero Is only ol eight hl months awa away This crop under conditions of yield will vIlI mean an n exportable table surplus from rein here alone lI of ot r to bushels Meantime Argentina will be bo harvesting a a. new sup supply pI and both Argentina and Australia as S well as nave have unusually unusually un- un usually large larg surpluses of or the v various grains to tc market Fifty ships of oC tons would be lC needed to clear weekly r bushels of oC wheat alono alone from th the United States Oats from tho country to primary ry markets Is moderate Farmers arc aro In no hurry to sell cIl Stocks of oC oats In country elevators arc are comparatively mall as most moat of or tho houses are arc loaded with old corn Export demand for fOI hog products contInues continues con con- to be good and Liverpool LI adF advices ad- ad F vices say fay that hat supplies arc are scarcely ample especially of the higher priced cuts The domestic trade however er shows cs signs bis us f f seasonable demand RELATING TING TO OIl MINE MATTERS MAilERS o. o Last Lao week eek William McMahon Ie hon corn com po pHed for lor the Vall Wall Street Journal tho the following results of recent decisions In mining mInims oil all and other othel allied Interests Interest I Claim against Individual defendants I for tor recovery of or 3 expended by complainant a In an t I In n developing I cv do p I n g rn mining In I n g J property and claim against corporation corporation corporation corpora corpora- tion for stock tock and dividends both claims being under single contract between bew be- be w wt tween parties for Cor exploitation of or miny mining min min- y ing tug property held separable In III sense I that that while they could both be enforced in one action the they could also be separately separately sep sep- enforced enforced action action for stock an and dividends a corpor lon being oln brought In federal court as Involving In Internal management of oC foreign corPoration cor- cor after state court had refused to pass on claim against ag company compan- Boltz v. v Great Western Lead turing company compan U. U S. S D D. C C. of Del Lel Where here In negotiations for sale of a corporations corporation's property which Its of officers 1 cers were authorized to o make the they and the customer knew that the intermediary diary was acting for both parties p his right to recover reCO commissions of ot the i buyer Is not affected b by the contract I taking the form of oC a sale of or all the capital stock and one of ot tho the stockholders stock stock- I holders not knowing of or the tho dual I agency Eaton Katon v v. v Claybaugh Clabaugh U. U S. S C. C C C. A. A of oC Ohio In a contract of or a coal col mining corn com pany n with a sales company compan to Issue toc oci to president of latter and give sales sales' company exclusive c rl right ht to s sell ell eoal sales company to make certain advances the tho part of the contract I Ins Ing ing the exclusive agency was wan not sopI sep sop arable arabIc so HO as to be Le enforced where her to Issue stock was Invalid 4 4 no no offer being made to cancel the 4 4 stock provision and yet yut ct made the tho adVances advances ad- ad vances which were nece ar for fOI op op- op ration of oC tho the mine Detroit Kentucky Coal Co v. v Bickett Coal Coke Colee Co U. U I S b. C. C C C. A A. of or J Kentucky Y For conviction of ot conspiracy to U use e the mails malls In furtherance of or a scheme to defraud It is not necessary that the tho person defrauded h had 1 been In tho for- for matlon mallon of tho the original conspiracy se- se as Its victim Shay v. v United Slate States U. U S. S C C. C. C A. A of or Oh Ohio o. o A principal ma may enforce 1 t 1 contract made by 11 by his hig a agent ent nt in iii the tho ls l's name without disclosing sing name or of principal v v. mo court of N C The le legislature lre 3 1 has plenary power to provide pro that Intangible il le personality of or off a I nonresident corporation f shall Khali be as- as for taxation at any place It may designate r re regardless ar less of tho the true domicile domicile Union Tanning TannIn Co v v. corn Com om- om supreme court of appeals of at Virginia Dill 1111 by the thc United States Slates alleging that defendants wrongfully entered Into and held c of or mineral and I MI i lan belonging ei to tu the United fi States f setting let ling I Sm up UJ up fraud In the cn entry y but nit f falling failing to show th that t any proceeding proceed proceed- ing lug was ws I pending In land Jand office to de- de the right Jt of or defendants to the hc lands landH wa was wag Insufficient j of nC receiver receive by to warrant the tite court ap- ap court pendIng V the det determination on the M for Den Con Con- ap- ap ol Oil Co v. v United States u U. S. S 9 C. C of California ily Dr the law Jaw of ot Pennsylvania vi a Haul dating partner acting In III good Rood faith and for hans hR authority to notes ln In renewal ai 0 or of I ions made I 1 borrow before dIssolution and to narrow mone money na cm rr j notes to to pay y P debts ta before 1 lt no authority to issue notes contract In cOntinuation o of th this husi- husi I New Wood v. v Io Todd lJ U. U S. S C. C C. C A ot of cw Jerse Jersey Under the thc con and ot Alabama making It unlawful for THIRD BIGGEST COPPER OUTFIT AND RECENT MONTHLY OUTPUT Phelps Dodge corporation smelters produced in October poun pounds s soC of oC copp copper compared with 15 po pounds in September Monthly total smelter pro productions In pounds are arc as follows 1918 1917 1916 InG 1 1761 I 12 2 1 1 8 February 11 1 March 10 SSi APril 8 la l May b Juno June v. v July July Juh 1 16 1512 1 1451 51 August 1 September OI October November o v December V CINNABAR CINNABAR IS I INEAR NEAR PHOENIX Deposit in iii Arizona S i ray Prove of Commercial Importance Present exceptional demand for quicksilver er In tho the manufacture of fulmInate fulminate ful ful- minate gives tho the domestic deposits orthis ot or this war metal particular Interest Deposits Deposits De De- posits recently discovered In the thc southern south- south em cm ern part of at the Phoenix mountains ten ton miles northeast of Phoenix Ariz aro are described In a n. short paper prepared b by F. F C C. Schrader Just published by the tho United States geological survey The deposits arc are cas easy of access and be beIng being being be- be ing near tho rich agricultural region of Salt Sail River aile valley are arc otherwise fa favorably favorably fa- fa situated for mining The They are being exploited on six or more properties properties proper- proper ties tics or 01 groups group of oC claims which lie In Ina Inn ina a n b belt elt elt about three e miles wide that eXtends ex extends eX- eX tends northeastward diagonally across tho the ran range e. e The ores ares In the region ar are metamorphosed metamorphosed meta recta sediments of pre Cambrian age chiefly schist slate argillite limo limo- stone Atone and quartzite They Thoy crop out In iii narrow narros' parallel zones and dip steeply to the tho southeast rhe They arc are horizontally horizontal horizontal- ly sheeted sheNe and are aro crosscut b by faults fractures and cJ cleavages ava os The Tho deposits are In the tho zones of ot schist notably quartz schist and schist They are deposits some more than a amile amile amile mile long Ion and In places SO feet Ceet wide I which occur along zones or shearIng hearing or fracture that ar are parallel with tho the formation of ot the I The rho ore minerals are arc cinnabar and ald They aro are found fount mostly alon along the planes I or formIng formIng form form- Ing ore oro bodies several Inches wide and three or four feet long Ions but they thoy also occur sporadically In quartz stringers ers and amid A little native natho quicksilver ver yer has haR also been reported A Associated with the deposits aro arc copper minerals especially malachite and Tho gangue minerals tho chief constituents of tho the stringers and are arc uart r. calcite hematite hema herna- tite Ute and tourmaline GREAT BEND SHIPS GRANDMA DEVElOPS Operations lIons at the tho Great Bend and prospect work at the old oM Grandma property near Goldfield are aro reported b by jy the Goldfield News as follows follow I IThe The Great Bend mine continues shipping ship ship- I ping from the 10 IGO foot level The raise i from the drift on the foot level Is i still being driven In ore not of oC commercial com corn mercial grade A short time ago aso In leg ng of the drift was stopped and tho the thoraise thoraise raise started to open ore found on the upper levels lc While ore oro of or shipping grade grado has not yet been heen found In the tho raise believed tho working Is now nearIng tearing the point where whore results ma may be exp expected cc t e d. d ton Fifty-ton carloads of ore are ar are leaving lea the tho railroad siding dint at Columbia with P. P 1 n a I II v. v 7 LUO ULU it saying from 25 5 to 30 a ton according to o returns from till the sampler of the Western est rn Ore Purchasing company compan Al Although Although Al- Al though a number of faces of oC good ore are exposed on different levels lo of oC the nine melee over a long period of oC extraction has been confined to time the raise from the tho foot ICO-foot level Ic where an nn extension of an ore bod body opened In earlier work vork was wa found recently Work In the Grandma has reached a n point where drifts to run northeast and southwest on t the the 10 surface of ot the tha shale can soon be he started The drift to the will be bc continued fora for a distance of ot ZOO feet or until tho the Grandma boundary line lino no has been reached and this will be mado made the main working to explore this ter ter- i-I i tory The rhe starting of or these drifts has lias been awaited as It Is felt that tho time work will be bo done in territory that will eventually be shown shonn to contain valuable valuable able ablo ore bodies the opening of oC which will result In the making making- of a a. big ble mine Some of ot the the- richest ore ever mined In the district has come como from places place near the tIme depression In Inn tho the surface atthe of at the shale In which the drifts will be driven en an and over worth of or high grade ore are was taken from the Jumbo Extension mine a short distance distance dis die tance south of ot the tho Grandma Secondary Secondary Second Second- ary deposits arc are believed to have hav formed In the depression and It Is the theor theory of ot geologists that Important ore are bodies will wilt bo ho found In tho the Gran Grandma ma an any foreign corporation to transact an any business s In a state without hay hav In first I compiled with certain requirements require require- ments a corporation which has hall not no so complied compiled can acquire no contractual right as tho the result of at anything dono by It In that state Culman Culman County Count v. v Bridge go Co U. U s S. S C. C C. C A A. of A Alabama a. a FIND ORE NEAR GOLDFIELD New Ner NerV V Work Tork ork Started by Lessees Not Far From Silver Peak Frank Hertzer and Dan OKeefe now have ha an Incline shaft shaH 25 5 feet deep on tho the Silver er Fox and Silver er Moon claims situated t twenty miles southwest from GoldfIeld and nine nino miles from Silver Peak Pe says sas the Sews Hert- Hert zer and arc working tho the claims under bond and lease Tho rho shaft shaH Is 18 sunk in tho the 81 side e of a steep mountain and recently considerable considerable considerable consider consider- able work worl has been dono done by the lessees In preparation for the tho erection of or a I windlass which Is now In place At a ad d depth of oC 23 25 foot tho the vein extends over o tho bottom of oC the tho shaft shaH and samples have havo assayed as high as per ton practically all In silver Il Tho The formation formation forma forma- tion lion Is broken and no attempt has been made to secure an average a assay of oC I the material at tho the present depth of oC the tho shaft After spending a n. fow few lays days here returned to tho the property on Tuesday and at r sinking tho shaft shaH deeper hc he will sample ample tho vein ein and If It the returns prove provo satisfactory mako make a shipment He lie says ho Is la confident Judging judging Judg judg- In ing from results obtained thus far In Inthe tho the shaft and prospecting ho h has s dono done nearby that at greater depth tho the walls of ot the tine vein eln will sill bo bu found well defined and the time broken material will bo be re replaced ro- ro placed by a shoot that will sIll contain silver sil siler silver sil- sil ver er ore of exceedingly high grade Krade The Theore Theore Theore ore extracted in sinking tho the shaft to to tho the present depth could bo be shipped at a good profit without sorting but OKeefe Intends to sink tho the shaft deeper deep deep- er and reach tho the hanging wall vail of the vein eln before making making- a shipment rho Tho vein has been traced on the surface surface surface sur sur- face for tor 2000 Hertzer and havo located seven en claims adjoining those thoo the they hold bold under bond and lease and other men havo o staken claims for forlong forlong or long distances Good progress Is be being In made mado bv by the lessees considering tho the difficulty difficult under which they aro are mining minIm Supplies have to be hauled from Goldfield and tho the nearest water Is at Hall Railroad road springs nine nillo miles distant Wood Is hauled mauled from tram Montezuma The Tho claims arc are owned b by J. J E E. Peterson Peter Poter- son on and K Lukeman Goldfield men men who located locatell them last summer BIG MUDDY HAS NEXT NELL LARGE ILL WEll Accor According to advices from tram Wyoming the time first deep well In the Big DIg Muddy field was c completed two years ago this month and on thIs second anniversary It Is making a record b by producing and marketing approximately barrels of oC oil dally daily giving It rank next to Salt Creek as the largest producer of oC any Wyoming section On One |