Show I I IN INDUSTRIAL r AL STOCKS J FROM FT QUOTATIONS T MARKETS TS L BONDS J U MINUTE UP-TO-MINUTE NEWS SM FROM MINES 1 I FINANCE J AND MINING OIL F OF WORLD ALL THE L i WORD J t. t GOLDFIELD CON GONI ISSUES REPORT FOR PAST YE I Explains Terms of Lease Lase Made to Development I LiThe ll Li l The thirteenth annual report of ot tho Te GoldfIeld Consolidated covering operations operations opera opera- opera opera- tons durin during 1919 has been boen Issued from the main office of ot tho te company In Jr Reno NeAl Nev Ne i All mining was discontinued b by tho tilO Consolidated Al on January 31 1 i 1918 and andon andon on February 1 of last year car a lease lense was wat granted to tho Gol Goldfield Development company for or a period of or five years cas at ata ata ata a rental of ot per month together with royalties on the tho net returns from ore wih shipped by the lessee On Jul July 1 of ot last year a lease also was granted to tho the Development le company covering all al of or tho the milling plants of or the Con Coni for tor three years tho the lease to tobe tobe I be he extended to five tl e years caR provided a n definite quantity of ore oro Is being being treated in the tho mill at the end of ot three years mi For Jor this lease the tho Consolidated is to receive as rental an amount based on the tho quantity and value of the ore oro treated in the tho mill mm each month but lut not le less s than per month On the tho mill mi clean up I K I. A. A Julian Julan general manager for tor tho the Consolidated says ays j 4 4 1 i. i L i. i 01 L l. l LILU JU L I 1 ui VL n u u u. u mw In the mill had been completed com corn all al milling operations ceased and a general general clean clean up up of or the refinery renney and Interior of or the mill mi was conducted on company account the tho production from which yielded a net value of ot 12 I I II I this and to insure a n thorough clean up a n lease was granted for that purpose on the tho mill mUI premises on March 23 23 for Cor a period of or one year car This lease has pro produced to lO date a net value aue of oC of or which your our corn com company com I pa pany has retained as royalty 42 making maing the tho total amount realIzed realIzed realized real real- by your our company compan during the year on U n-U- nU up clean operations S Mr r. r Jillan JlIan says tr tho the work or of tho the Development company While no oro ore has hoe been d In Inthe Inthe n the mill by bi the Goldfield a noni n Denma nm mi n u 5 o o s hl of or the I I equipment Q Ip t th h ha b been overhauled and I placed m for lor or operation b by that company tat Since ary 1 1919 the Coldfield Goldfield Gold Cold has produced pro pro- field company compan tel from tie mine mino and shipped t to tp smelters to ons of ore having a net value alue of or of ot which your our company com corn pany pay his ha retained as s n royalty 1149 Production Record Of Ot this amount of or ore tons ton of ot were produced from the property the Goldfield Combination Fraction Milling company on which your company company com corn pany was granted a leoso leO early ery In tho the year for a period of or five years er which was in turn subleased by your your company compan com corn pan pany to the Development i corn cm company pan 3 I Durin During th the tho latter later part of ot th the year the tho production from the mine has shown a marked railing falling off oc but It is hoped that the future operations o of tho Goldfield Development company compan as now planned will win afford aford a material increase In royalties to your company compan In lIn the event that company definitely decides deides to proceed with the plans now contemplated additional milling equipment equipment equip equip- ment contemplated will wi be bo installed by b It It I. I suC sufficient clent to Increase tho capacity of or the mill mi to 1 1000 1500 00 tons per day Continuing with his statement re regarding regarding re- re garding Continuing the Consolidated Mr Ir Julian Julan Julana Lays a s 's Durin During the year ear before beCore milling operations discontinued 0 tons tons' of ore oro wore were treated In tho the mill mil 27 2375 tons of which wor obtained from tho the storage stor stor- age ago of oro ore contained in the mill mi bins and ad Included In mill mi clean clea On account of ot tho the continued unfavorable unfavorable un un- favorable economic conditions no further further further fur fur- ther resumption of ot tho the of oC tailings was attempted during tho the year ea The value of or mine mino and mill mil store stor t. t on hand han at this time Is Z as compared with on December 31 i 1918 It I is expected expect a that during the thc comin coming year th the sale salo of a substantial sub sub- quantity of this material will willbo wl bo ho le accomplished d. d Tho The value of DC equipment sold during the year was WS cnn rOSE LosE fly nr tIe tle Harold Harld It I C Co Ire j I I BIdI A. A k Aetna I S g I 8 1 s1 I crl oi 1 21 i Allied Pad 24 Pet Pet 1 Big Ale foth Lode gj f GO GOBr Br I mn Ld rob Tob 1 0 1 I ml st I Imn 1 1 f lM 1 2 CaI Jr I md Ref 1 iio lO i 1 iCan Can n Cot l I Hil 1 1 C Cn n 2 I 10 C J lohl 1011 Ii ra Ir I 0 IN N. N A. A Pulp 1 CL L 3 C 1 3 Cop J 41 7 Dc pfd 1 71 7 I 1 i iCon Con D AnY P MorrIs I iC I X c Cn 0 IInes 4 I 4 41 1 43 4 46 c ID 4 4 44 C I 1 1 Si-l Si 2 I 6 61 1 7 4 Curtis 6 12 1 4 Crts ero 1 I H ll I flay 18 H here r J IlL Salt CL CI 1 l 5 J IL Basin 0 I fO 1 Stull Met It s' s je Z i 4 I Oil 01 t r ati 1 Un 15 o at 3 1 z Ii I 7 Mons J l U 18 J u 44 41 t Co mu Int I 4 I I 50 1 20 0 I 1 Ik k 5 4 4 I C b I Tob P Ixl 17 1 o ii ti Tone Tono Lit 1 2 I 1 Sl 1 JH S 4 4 Ton fn 1 2 in Ik Ikc r U aln 1 il 40 Int Iet Pet 70 10 I 72 tint s 2 sIron Iron Irn BIos i. i 1 Tor float ont l ant Oil 01 4 1 G 5 Un ld Cr Carbide I. I 7 1 7 let Ier eti 1 I U S Ship 2 3 Kerr Lake H I rde C Comb ml i 15 11 hose Rc 1 WaYland 4 r. r MeN Ic t I. I I c. c 9 l 1 2 Ima Cop Cp I S 1 Magma 1 ill 13 lZ 1 17 11 Mani 6 r rf 6 f I ulean C CJ Mac n Vol al 3 PrInce Con Cn T I ii iiI MeK cK Dar 68 8 I 63 C 1 7 I I l I l 1 l' l SA SAN I n STOCKS fly y tI tl n. n mt Co r. r Wire VIre I 1 C I CO 60 I 1 I 1 ev cv 13 ii o II 0 D 1 2 Cash It Wy S C mb l Pr r 3 Q I t 2 1 1 1 a i II Din Dil B 2 Y Ii 14 Florence Ion I I Etu 10 Gold Con Con 13 Montana 1 I l 2 1 1 I P IJO 10 n 31 nm 7 I iG r N I 5 1 Nt Ii 12 1 rii i I 1 36 I ou 01 Ext 1 Tiger Ther I I 1 I rest Eid 1111 1 Coo On m a 2 1 r 1 HD I o West Tom 1 9 1 hub 1 15 g Ialo or Pl mI 1 1 BOSTON CURB cunn n the t J m n. n t I II Bohemia 1 2 Cop I I Ely I I. I II meco Ct to I In Loni 10 17 nl n I rn I H Ur ente 4 I Cons ConN 44 nn t I Con COM Cop l 41 il 41 HI full fiot p. p Pl 4 C Crown s Itc-s JM o 1 0 40 Cn ful pl 3 n nI I 32 F J B Ii 2 nOI t Moat tG I 60 0 I 1 7 I oki oll 3 Majestic I IS I 21 I new De- De 0 o s ev cv Dou Dour 0 30 10 H 14 I 4 o r 3 4 4 riu Mob f eb 1 jf t fO I SHIPPING ORE IS BEING SAVED I AT TINTIC LEHI-TINTIC Iron King Iving b Ready to Ship When Then Railroad Is Finished I While there thero has been but very vor little news from tho ho Lohl property during tho the past pat few weeks weel s It Is i stated state on good authority that the work is goIng goIng going go- go Ing alon along In fine tine shape At t the r point r where tho the first important break W was encountered and some somo lead oro ore was found miners arc ac hus busy single jacl Jacking an and Somo omo shipping oro Is lit lit- be being In ing saved Manager lc how- how over ever is devoting most of ot his attention to tho the drift which Is la being extended along the break and ho states that that another anthor an an- thor other ther hundred feet teet ana of ot work should I take tho the face of or this drift to a n point where an important oro deposit should bo the found tho Intersection of ot two breaks says sas the l' l Those who have ha been out to the I L hl in recent months month express themselves as well plene pleased with wih the a wel manner In which work Is 18 being pushed I forward and mining men familiar with mininG tho the round ground believe that tha tho the prop property Is IsI beleve destined to take tako tae Its Is place among the I producers of af tho the district before m many ny months have havo passed Supt SuPt N. N W V. Roberts states that the tilO now loading loadIng platform has ha been erected near ner tho portal of or tho the Iron King tunnel tunnel tun tun- nit nit- nd nel n and that that his ill 11 be red ready to commence tho the shipment of or iron ore oro or ju just t as a soon as tho rails rais are down of tho the railroad railroad rail rail- put on tho the last lap rai- rai road which Is to serve this property A Afew tow few weeks ago tho the railroad wor work was movin moving alon along a so 0 smoothly that it looked safe saCo to predict tho the completion of the tho Job before March larch 10 but butt the lie storms came camo along and delayed the tho construction of or the tho Iron Kings King's branch of or tho the line lne D Development of or the tho Iron l King in property property prop prop- erty cry Is pro progressing nicely nicoly says sas Mr Roberts Roberta operations being carried carded on under the most favorable orale Ca conditions This property is being being developed on nn ont t two levels and with conditions exceptionally promising MINING STOL I QUOTATIONS Official n Report port of SnIt Sal ike Stud and MinI I DI Bid I Ask Ask Ala Mich 03 Antelope Star OH 01 Ol OU lt Con 1 a 10 11 Alta Alt Tiger Cn 01 Ou Albion Con 13 13 Am Con Con CoP 04 04 Alta TUn 10 I 1 Addle drle 10 10 1 15 03 05 05 oi 01 Big 1 12 Big Bg BIg Hil Cot OO OO B Yer Cop Ol 01 Bay State 00 01 Black Metals 1 13 13 Cot Coal 05 05 0 06 El Eureka 01 03 Ont Cedar Tails Tais 01 0 02 Columbus 58 60 Colorado Con 08 08 Crown Point Poin t 06 07 Cardiff Croft Croff 01 01 01 01 CoLt King OO O Cott Cott Colt Metals KinG f 00 00 l. l Daly West est 2 00 Da Daly 9 j DraGon Dragon r 5 18 I ct OO mm f 13 12 0 l t Mines OS 10 Emp Copper 32 l Prince OO 00 1 H 1 B. B Bell Bel 12 Emerald 1 30 I Eureka 09 10 E. E Crown Cown Point 03 03 04 East gast Tin ln Con 13 13 13 East Eat Antelope 01 O 02 Eureka LI Lily 2 22 23 3 Eureka Eurea Bullion Bulon 22 22 East East TIn Coal O 06 Gold ShIn OS 08 10 i 11 i S Great Western 0 10 Howel howell oo 09 09 o Run 02 Hope or of Israel 02 OJ 0 Iron Blossom 13 3 45 15 Indian Queen OO oi 01 Iron Irn King 33 3 3 1 M. M M S. S 70 Keystone 5 85 King l David DaYI 0 os J e n 05 1 il 15 30 O LehI Tin In 20 03 03 Logger Logger O 03 Mammoth to io si siMiller Miller Hi 01 01 0 02 May Da Day O 05 06 Mason laon Valley Valey Moscow l. l O I 08 Utah OG 06 06 06 New cw Quincy 08 1 3 74 Nova 01 Xo No Standard O 11 Nichols fit Con O Op hol o O O I Original Bannock OO 01 01 Ohio Copper d 08 Os 23 1 1 Bristol 01 l 01 PI u t us r. r Prince Con 0 71 Price Mining OS 10 Provo Arg O Of Heds Peak 2 n Rico I co c Well 1 r 32 So Standard 30 30 n 31 Se Sells 1 R 1 4 15 Syndicate 02 I 03 Silver King Coal 00 Silver Siver King Con Con io 0 1 SO Sioux Con 1 Oi OH 05 Swansea Con Gon 02 02 01 South Silver Shield Shiel 1 55 lG So Ext 01 Ol 0 03 So Iron Blossom 03 Tecoma OG 07 Far Dab Bali OI Tintic Central 04 Ol 54 Tintic Drain Tun Uncle Sam 02 05 Utah Con 02 Chief OG I 07 Victor COQ Con ind I OO 01 Toledo Oi 10 Walker Mining 7 3 35 5 Woodlawn oodla 18 Tanke Con 06 IS 07 7 I. I I Copper Market I o 0 I New Ness cw York March 1 13 No improvement improve improve- 0 ment mont ha has be ben brIn n reported in the tile domand doman for copper during the tho last week and prices had been Leen shaded in consequence wiLl wih pro Producers meting electrolytic at mit for spot pt and nearby by dolver delivery and lS ISi to lS for the second quarter Quo Quo- tattoos ranging ranging- down to lo about iSI arc are reported at second hands hand for lytle spot cash ew York Isn WasU was U unchanged ii cli an i Unofficially I Investigating mv es ing Oil Industry March tarch 13 1 WASHINGTON V V Foreseeing an oil 01 famine tamine the tho I government and private oil 01 interests Interest have havo begun begun a survey of Mexico and Amerl Latin America with a aview aview a view to locating new fields to supply supply sup sup- pI ply tho tito United d States Quiet negotiations it is in stated have havo been started b by spokesmen for tor this government O and for tor Mex Mex- leo ico ico preliminary to dispatch of an official American mission into Mexico to study tho ho oil 01 situation there thero This mission it is understood under under- stood would be sent Rent to consider ad advisability y sab I 1 i ty 0 of or f t this Ii I 5 go government v e r ii m C n t leasing or buying Mexican oil oI lands to be developed by the tho United States As A Carranza a Is reported to have havo objected to an official mission en entering entering entering en- en his hiM countr country on such an errand er or- rand negotiations aro being con con- with wih a a view toward sending an unofficial mission composed of oC geological experts There is no admitted official connection connection con con- necton between tho United Sta Stats 33 s government and these thes steps as of of- of do not consider this an op op- op time openly to avow their Interests in this move but lut the lie In information In- In formation Is supplied by ly the source usually reliable The Tho he possible oil 01 fields of Latin Latin- I American countries also will wil be In Investigated In- In investigated by b- private oil 01 interests s g HAS DRIVEN FOR I NINETY FEET IN INORE INORE ORE AT VICTORIO VICTO RIO Long Drift Not Disclosed D Dimension of New Nev Body There Tere is no question queston but what th the recent strike In tho the property of the Victoria company Is an important ono one Tho largo large larGo drift has lias been driven r en Into the oro for a distance of or moro more than ninety feet and md nd Superintendent Owens it 1 now ma making I Ing arrangements for Cor stop stop- in lag ho 10 work of Putting In the pr- pr pre pre- 7 timbers now noW being under wa way th the says Eureka Reporter During During o last lat week weel Manager Imor Pelt Pett of or the tho to agle gle e Blue Bell Bel j and the thc Victoria mI mines es I as in u the district and inspected the tho strIke for tor the c first time Wh o te the tho mines for or B 1 he ha had no not not been at atc atthe t the thc Q veral c weeks ecks owing to In close touch arantino ho had kept somewhat SU mm the tho work but was greatly please and and- of ot course and greaty richness f t on n account of or the size tho lie Victoria Victoria Pf r tho the nc new Discovery in dares clares that th the the l Ire e unhesitatingly ly dc- dc tant In n tha the his Is tho the most por- por course tat it mear ory orv of the tho ml mine e and of from the Ja a heavier production As already s th A ore oro Is boin S in ln lh these e columns columns winzo which wg vR developed through trough a sixty Sv feet teet cot belo us belo 18 sunk to a dePth of ot development the thc 1280 The piece ot of th the d disco work woric which resulted res in some mor mar n rv had been under way for tor the iho Ea ralth and wa was har handled d through I r KIC u Ui got gOL ui nis ilS oro ore I on the tho 1280 level ol and opened the tho commercial product after ater he had sunk a distance of about sixty fe feet feeL L A total of or ninety t ty Ce feet t of drifting has ha failed to disclose the dimensions of or the theore theore ore oro deposit S Carlond Dol Daily Commencing next week ck we can Cn no doubt doubt expect about a a carload of or ore dally daily daly from this now new strike e and later when when- the thc deposit is tapped from the thc lower level level for or which purpose a drift is being driven rhen a much larger tonnage rif can be expected Several months a ago o the Ea Eagle le Blue Bell Bel people started a campaign of or work on the thc niilo's deepest level the 2000 this tills prospecting being stopped on |