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Show COPPER SITUATION 1H LOCAL CIRCLES Local Authorities Deem the Outlook Out-look Bright for the Large Producers. The action of tho copper stocks throughout the eastern markets of late has boon quite a disappointment to the West in several ways, entailing financial finan-cial loss and uncertainty. Copper-mining cirelos are beginning lo -wonder what tho immodinto future has in store., and tho fato of coppor stocks is creating creat-ing as much interest nnd arousing as much speculation ns the immediate future fu-ture of tho price of tho rod metal itself. it-self. Many are asking if valuations aro being changed, if anothor basis of calculation cal-culation as to ooppers and their rightful levels is dosirablo or imminont. Practically a complete canvass of tho Salt Lako copper offices has brought to light various opinions, the mnjoritj- of which aro Ln effect, that tho copper situation, sit-uation, while complicated, has lost none of its attractiveness for the big producer pro-ducer or tho average investor. Tt is pointed out that tho delay in consumers consu-mers entering the coppor market for their quota of red motnl haa clouded tho situation so that few buying orders or-ders for coppor stocks nrc coming in. There can bo little if any consoling levels attained by stocks so long ns no ono wants to purchase. It is pointed out by local authorities that in tho immediate future Utah is to ha.ve a decided advantage in copper production. Great, organizations aro paving tho way to an immense production produc-tion within tho State and at nn extremely ex-tremely low cost per pound. The uses and consoquont demnnds for tho metal are expetced confidently lo be incroascd with time, but it will bo the fellow who can place chenp copper on the market who will got tho business. It stands to reason, therefore, that should copper cop-per prices drop to IS cents or thereabouts there-abouts a pound, there will bo a good profit possiblo for all organizations possessing pos-sessing (heir own reduction works for troatmcnt of enormous tonnages. This will naturally bring about a centralization of tho copper-producing industry. The small fellow with onlv a mine, evon of liberal proportions, will have to -sell to tho big fellow or close down. Tho general tendency of tho times in overy line of industry is the same, and the red metal production will not be an exceptidn. There is hope, however, it is pointed out, for the owner own-er of the copper properly without the necessary cnpital uehind" him to place it on a logical .bnsis, in that he hns n splendid opportunity lo dispose of his interests during the present preliminary prelimin-ary sparring of tho big fellows for the best that the county contains in a copper-mi no line. This competition will not last always, but while it does it is expected that big profits will be accepted ac-cepted rather than lose much by holding hold-ing on with the expectation of accomplishing accom-plishing much through individual or detached de-tached effort. New York Mining Stocks. James A. Pollock & Co.. bankers and brokers, fi West Second South, furnish the following Now York mlnlntr stock quotations, received over their prlvato wire yesterday: LISTED STOCKS. I Salcs.l H. L. IClse Newhouso I IS I IB Tonn. Copper 3S$ 3g 3fij NEW YORK CURB RANGE. I Sales. H. L. C)se Cumberland Ely 1,000 n SJ SX Ely Consolidated ... 500 1J l n Dominion Copper ... 1,100 C 5 oi G. G. and S 550 IJ 13 iq Nevada Utah 1,000 U ll l Mitchell . 1,200 17 23 21 Glroux 20 S 8 King fid ward 700 li ij ij San Francisco Mining Stocks. SAN FRANCISCO, Aug. 1. Thn official offi-cial closing quotations for mining stocks today were as follows: Alta .. ? .01 Julia 07 Andes IS Justice "oi Belcher 2fi Mexico n 517 Best it Belcher .85 Ophlr 1 "00 Bullion 20 Overman Caledonia 35 Potosl n Challenge Con - .lil.Savago jss Chollar 1 0 1 Scorpion 00 Confidence Go, Sag Belcher .. ,0G Con. Imperial.. .01 'Sierra Nevada . 33 Con Cal & Va. .50,'Sllver Hill f,n Crown Point .. .27: Union Con 2fl Exchequer 87 Utah Con. ... 05 Gould & Currle. .11! Yellow Jacket . "'10 Hale & Nor... .il2 NEW YORK MINING STOCKS. Adnms Con. . $ .00i Little Chief .. .06 Alice 4.10 Ontario 3.55 Brecco 20 Ophlr 1.95 BrunH. Con.... .50 Potosl 1? Comstock Tun. . .25iSnvnge Con Cal & Vri.. .001 Sierra Nevada. 30 Horn Silver .. 1 00 Small Hopes .. "25 Iron Silver .... 2.25 Standard .. .. 1 85 I Leadvlllo Con.. .0851 BOSTON MINING STOCKS. Advenlure ..$ 2. 50' Parrot .. is 00 Allouer. .. .. 11 . 00 Qulncy .. .. U0. 00 Amnl SS 25 Shannon .... 15. 00 Atlantic -. .. 1 2. 001 Tamarack ... J5 00 Blnghum .. . 1-1.00' Trinity . .. 10.50 Cal. t Hoc. 775.00 United Cop... 50 50 Centennial ... 20.00,113. Mining -S.00 Coj). Range.. 70.001 UTS. Oil 10.75 Daly AVcet .. 11. 75' Utah .. 43.50 Franklin .. . 12.001 Victoria .. .. &.00 Grnnby .. .. 120. 00 Winona .. 7.50 Islo Roynle . 17 25i Wolverine .. 151! 00 Mass. Mln .. 6.00 North Butte.. 75.50 Michigan 13.00Butte Coal... 23.00 Mohawk . .. 75.50!Nevnda .. .. II. 871 M. C. & C. 2.50 Cal. & Ariz. 1C0. 00 Old Dom .... 10.50 Ariz. Com. .. l'j.00 , Osceola .... 121 OOl Oro and Bullion. The ore and bullion receipts for Thursday, given by McCornick it Co., were as follows: Ore, $10,000; bullion. $100,000. Mining Notes. General Manager Lafayette Hanchctt of the Boston Consolidated company spent Thursday at tho property in Bingham. Bing-ham. G. D. B. Turner, manager of the West Quincy company, is in the city from Los Angeles. A. F. Schneider, manager of the Nevada-Utah company, is back at his desk after a round-up of Iho interests of thu company. G. V, Lambourne, .secretary and treasurer of the Daly Judge company, was at tho property in Park City Thursday. ft was reported Thursday that the Apex company, operating a propertv adjoining the Contonnial-Eureka. had encountered ore in the shaft at a lib-oral lib-oral vertical depth. This menus a great denl for the- company, and is of t he til most importance. Nevadas In San Francisco. Jame. A. Pollock & Co bank ors ng broken, 0 West Second Soutl 1. r tho following San Frnm?',, orivato wire totlonH. received over their prm" yesterday: QQLDFIELD. 1 Did. lABkoci. i T3" s 7-io SnndHtorm 17'no 17.75 Mohawk 11 'rfi' .57 Col. Mountain ' - 4,50 Jumbo i'so Jumbo Extension i's Vernal .03 Pennsylvania i'iA Goldflold Mining Co 32 Kendall 'j3 Booth i ,35 Bluo Bull ji .13 Adams fi1 r,2 Silver Pick 01 0 Mny Queen , Ai ,08 Nevada Boy 7 .00 Black Butte Extension ' 'J0 Blue Bell 0A '.07 Dlxlo Tn' .... Goldfield Columbia ' 07 Hlbernla '93 St. Ives ii, ,13 Conciuoror , n7 '05 Black Rock ,e 20 Lone Star G. Wonder 1 ,n Potlatch Oro "".QZ Kendall Extension "7 05 Sandstorm Extension "J -os Mayno Great Bond 'A Slmmerone 'f ""il Empire "i. v 'o Red Top Ext I'lorcnco 05 Dlamondflcld B. B. Cons.. -ri Goldfield Daisy 1JU Lacuna , "30 Commonwealth -,i 'o-ji Combination Fraction z-f" :s Great B?nd Ext - Grent Bend Annex us ""i6" Mllltown iX' "n; B. B. Bonanza ! Kcwnnos . lt Esmeralda !2 a Portland 7 '"'nn' Crackerjack .'$ F. Mohawk i-0 Vi1 Rod Hllla "5 -Jg Mohawk Extension 00 Lou Dillon 2 Yellow Tiger r?, " '-' Grandma - Yellow Rofr -OB .u , Goldfield Con D'fleld Triangle I -- '-1 TONOPAH. I Bid. lAskertT Tonopah Nevada I .CO '-A" in' Montana Tonopah 3. no 6.lv Tonopah Extension ; 1"u MacNamara - -2 ""XX' Midway ' 'tJ Tonopah Belmont I ""',' Tonopah North Star J - Ohio Tonopah O7 'll West End Con 4 -J Rcscuo , i n- Tonopah & California...! . I Golden Anchor -'3 J Jim Butler Cash Boy I -0" Home O" Boston Tonopah JJJ Monarch Pitta. Ext - -i Montana Midway Ext 01 .0o Golden Crown -OS .10 BULLFROG. I Bid. lAsked. Original f' - Bullfrog Mining 13 .In Montana Bullfrog 04 .0o National Bank 20 .2- L. Harris 02 .0o Amethyst 2b .25 Gold Bar r Stelnway -0J Denver Bullfrog Annex... .OS .0? Bonnie CInro 4i ....... Mayflower Cons 3 .s Montgomery Sho. Ext 0 .OS G. Sceptre ?. Montgomery Mt l- B. Dlnmondfleld 10 HomcBtakf Conn 00 .01 Yellow Girl 01 -0o Nugget 01 .On Tramp Consolidated 42 .43 Victor 10 North Star ' 0" MANHATTAN. I Bid. Asked. Manhattan Cons I I .50 ATnnl,ntan Mill. Cn .05 .0i G. Wedge 05 .06 S. Humphrey 05 .OS Dexter 12 .13 L. Joe 02 .03 Crescent 05 Combination 02 .04 Granny 23 .24 Mustang 20 .21 Little Grey 13 .14 Cowboy 03 .On Ong. Manhattan - 10 Broncho 07 .OS Plnenut .06 .07 Buffalo 03 .05 S. Dog v 16 Yellow Hors 01 -On lnd. Camp 06 .07 Standard 03 COMSTOCK. 1 Bid. lAsked. Ophir 1.00 1.025 Mexican 56 Gould & Curry IS Con. Virginia 50 .60 Savage 5S .50 Hale & Norcroas 60 .61 Yellow Jacket 00 Belcher 25 .27 Confidence 65 . .75 Sierra Nevada 33 .31 Exchequer 37 .10 Union 20 .31 OTHER DISTRICTS. I Bid. Asked. Fulrvlow Sliver King 15 Falrvlew Eagle .66 Nevada Hllla 6.00 Pittsburg Silver Peak 1.35 1.40 North Star Wonder 04 Engle's Nest 17 .10 Ruby Wonder 20 .25 Mice of Wonder 05 Boston Stock Market. James A. Pollock & Co.. hankers and brokers. 6 West Second South, furnish tho following Boston stock quotations, re-celved re-celved over tholr private wire yesterday: I Sales.l H. L. Clso Bingham Con 15 14 i5 Boaton Con 500 25J 25t Butte Coalition Gil 23J 23J "31 Butte and London n ib "17 Balaklala . 201 81 S 81 Con. Mercur . .3c 40c 13c Copper Range 743 763 7G 7G! Calumet nnd Arir... 305 164 161 161 Cumberland Ely .... 30 t) 0 9 Davis Daly 12 i jo Daly West 75 15 15" 15 Last. Butte 100 0 B n Gnmhy . 135 120 125 Greene Cannnoa .... 1G0 151 15 15 North Butte 1.365 78 76J 77 Nlplsslng 310 Si 81 8g Nevada Con iif Nnvndn Utah goo ij !n Trinity SI3 20 191 ion United Copper 800 61 Glf r.u U. fa. Common 50 181 -is .ic U. S Preferred 102 I3i 43 J5 Utah Con 1,120 uai I3j 431 BOSTON CURB CLOSE. , Black Mountain rlffl c. Butte and London YS ? Davis Daly ihSKiJ1 East Butte Globe 1 Helvetia Majestic Jf ; NIplHHlng ; i Shnwmul in&Si AneK ' 10 4.-)c b.p Exp. Cumberland El v " . . . ! ". 9rc Dominion Copper ... 25 2 Glroux . ...!. g Hancock . ' 3 Kow ? Nevada Utah '' Raven f'g 41 S. nnd P li |
