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Show 'FRED LYON RISES QOICKLVJIP SCALE New Assistant Managing Director Direc-tor of United States Company Is in the City. WORKS UP SWIFTLY FROM A MODEST JOB Salt Laker Now Next to Mr. Holdcn on Great Company's Com-pany's Staff. Fred Lyon, recently mado tho assist- ant managing director of the Untied States Smelting, Refining and Mining company, and known to practically ail tho mining men of Utah, is in the eijy making an inspection of tho United States company's possessions, in this State. Mr. Lyon has worked hinibclf up from a modest position with the United States compnny to tho station uux: to Managing Director Holdcn, and to his old Salt Lake City frionds his new honors hon-ors rest lightlv on his shoulders. Mr. Lyon first began his career with the United States company as a sur-voj'or, sur-voj'or, being a mombcr of the Ann of Smith & Lyon, a firm so recently in existence ex-istence that the sign still hangs over tho old offices. Ilo then entered tho purchasing department of tho company, passing from that to the managership of tho Kennot plant of tho company, and to tho assistant managing directorship director-ship of the whole concern, lie is a man of wide oxperienco, of largo capacity and of splendid technical education, and has entered on his now duties enthusiastically. en-thusiastically. "You know Salt Lako City is my old home," said Mr. Lyon to the Tribune Trib-une yesterdav. "I always am hanpy to be back hero if even on a short visit, and I am vcrv hannv to find tho industrial indus-trial conditions so good hero. I noticed no-ticed as soon as 1 passed into the city that Salt Lake City was not feeling the depression as orhcr cities of tho country coun-try aro. This isecauso Salt Lake Citv is safe and conservative. Back East 1 found conditions far from being attractive. attract-ive. People aro passive, they have nci-I nci-I ther fears nor hopes, waiting Micawber-! Micawber-! liko for something to turn up. I cn-! cn-! countered loss talk about business in ! tho East on my last visit than ever bo-fore. bo-fore. It is a welcomo contrast, thcre-: thcre-: foro, to find this city in such good shape." I Mr. Lvoji has .iust been making an inspection of tho company's works in Mexico. Down in tho Moxican ropnb-i ropnb-i lie tho United States company has been i workiug under difficulties in whipping I its mining propositions into shape, al-I al-I though progress has been steady. The trouble, as pointed out by Mr. Lyon, was tho difliculty in securing skilled labor for placing in mine and mill machinery. ma-chinery. This labor had to bo secured from tho United States, and tho difliculty difli-culty was only deepeucd by tho necessity neces-sity of this labor knowing enough about the Spanish language to mako their orders or-ders intclligiblo to workmen. But the two mills aro now in operation, tho two having a combined capacity of about 800 tons of oro daily. Tho mills aro cyanide plants. Tho proposition now, ho states, is splendidly organized, and success will attend tho company's effort ef-fort from now on. In California tho company 's smolter is running full capacity, or five furnaces, fur-naces, handling 1S00 tons of oro per day. This is a fino clip, and Mr. Lyon naturall.y feels very much gratified over the conditions now existing there. He states that he is protty wen acquainted with tho local smelter of tho company, but ho has inspected tho same in view of its approaching dato of resumption. Mr. Lyon will leave today for California. Cali-fornia. Now York Mining Stocks. Allco $2.25'Leadv Con 07 Breece 05 Lit Chief 07 Bruns Con 05 Mexican 15 Comsfk Tun . .28 Ontario 1.90 do bonds ... .IS Ophlr 2.55 C C and Va 51 Small Hopes .18 Horn Silver ... .50 Standard . ... 1.75 Iron Silver 1.00 Yel Jacket .... 1.50 BOSTON MINING STOCKS. Advcnturo . .5 3.S7J M C and C. .60 Alloues . ... 28.75 Old Domln . 33.50 Amalgam . . 05.871 Osceola . ...100.00 Atlantic . ... 14.50 ! Parrot . 23.00 Bingham ... .25 Qulncy 85.00 Cal and Hoc. 655. 00 Shannon . .. 13.25 Centennial . . 23.00 Tamarack . , 53.00 Cop Hangc .. 71.50 Trinity 13.00 Daly West .. 10. 1525 Unit Copper . C.50 Franklin . .. 3.25 U S Mining . 35.75 Granby 09.00 U S Oil 24.50 Islo Royale .. 19.25 Uta.h 40.50 Mass Mng ... 4. G21 Victoria . ... -1.50 Michigan . .. 9.00 Winona . ... 5.50 Mohawk . .. 57.50 Wolverine . ,.130.00 - Now York Lotter. James A. Pollock & Co., bankers and brokers. 6 West Second South street, furnish fur-nish the following, received over their private wire yesterday afternoon: Walker Lettor, New York Market was very dull and uninteresting today and tho changes slight. Most of tho traders were away over the holiday and commission business was at a standstill. Wo do not look for any activity until noxt week. Prices verc well held up all day and there was no pressure. Nevadas In New York. Tho following Nevada stock quotations, made In New York, and provided oy the private wires of James A. Pollock & Co. will be of Interest In the absence of stock dealings In San Francisco during the week: Fraction, 55tf5Gc; Florence. 53. 00fi3.125: Goldflcld Consolidated, 55 5-lGtf?5.37 Daisy. S0ft82c; Tramp. li'g'ISc: Tonopah Common, 57.7o(fJ7.S75. Tonopah Extension. 65fli70c; West End. 5356c; IBolmont, SO 85c; Atlanta, lG17c. Glorious Fourth in Mining. The city Is filling up with mining men and mlnerB preparatory to having the usual us-ual glrlous time on tho glorious Fourth. It Is tho custom In Utah mining circles to oult work for a couple of days In honor I of the event. It was announced yesterday that tho Bingham mines of the United States company would close until the 10th of tho month, while the Tlntlc mines of this companv will cjutt until tho Monday Mon-day following the Fourth. Ore Shlpmonts. The Pioneer sampler on Thursday released re-leased the following number of cars of ore: Utah, 2; Nevada, 1. The Taylor and Brunton company released re-leased tho following; Utah, 5; Nevada, 2. Oro and Bullion. The ore and bullion receipts for Thursday, Thurs-day, given by McCornlck & Co., were as follows: Ore, 525.000; bullion, 510,000. Metal Market. The metal quotations for Thursday, posted by McCornlck & Co., were as follows; fol-lows; Sliver 53Jc; lead, 34.50; copper, 121c. |