| OCR Text |
Show UTAH'S NEW POTASH DEPOSIT DISCUSSED One Writer Says a High Tar-iff Tar-iff Wall Is Only Possible Pos-sible Aid. In the April number of the Commercial Fertilizer an extended article on pot- wild me wmi. wi.i.-. - ., ant article of commerce, with ulI posed plan of the government to OJ" Its domestic -npplv from the CWJfOrnla kelp groves and with the newly discovered discov-ered deposits of alunltc near Marys ale. Utah Regarding the last It em. the following fol-lowing extract will prove of interest to rjtahns: . . . The United State geological survey has denrrlbed a recent discovery near Maiysvale. Cliih. of this potash, rich mineral' min-eral' which may yield 40.000 or 50.000 torts Of potash. The deposit Is unimportant In Itself except thai alunlte rock Is perhaps per-haps our one easily soluble potash ror.K, an.) that the commercial success of the Marvsvale deposit wUl stimulate extensive exten-sive explorations. But -will the Marys; vale alunlte ever be reduced to potash. Certainly not if It costs, say. 20 a ton to do I', and the Germans stand ready to sell their potash In Ctah at 116 "Of COUrSS, we ca.n throw n. tariff wall around potash and thus build up an American Industry, but what will the politicians and the farmers a.y to placing ion or 188 per cent Import duty on potash? pot-ash? Secretary Wilson says that unlimited unlim-ited amounts of potash can be extraited from California seaweed or kelp; but will capital venture Into Its manufacture with Germany threatening to cut the price of potash in two9" Mr Mltohell shows that there never has been such an interest displayed In the search for an article by scientists as in the present instance. In proportion to the amount of money appropriated by congress for the work- The activity In the United States has stirred Germany most thoroughly, and that country Is looking with genuine alarm upon an activity ac-tivity which niav destroy for her potash Its best customer. Boston Mining 8tocks Tames A. Pollock & Co., bankers and brokers, furnish the following received over their private wire yeeterday afternoon: after-noon: BOSTON COPPER RANGE. Sales , High. ; Low I Close. Aliomah . l.yoo s I 7i 7 B and B I 8 8 C and A ... 206 741 74 74 Chief Con ,.: 260 1 11-16 II 1 Cop Range . 150 6 S5 65j Dalv West 7 7 I 7 Davis "Daly . 1,025 11 1ft If East Butte. . 375i Ml W 141 Glroux Con .' 31 5 15-16 5 15-1!5 15-16 Gran by Con 1.220 59 58 ! 58 Greene Can 290 91 9 6-16 91 Hancock 341 841 Zi Ind Cop 1,460 211 191 SOi Insp Con ... 81 191 19J 19 Lake Cop .. 140 871 16 461 La Rose 560 1 U-lOlS 11-16(8 11-16 Mason Vai I 12 121 12J Nev Con ... 120; JO 19 191 N'ev Ctah ! 6c I Sol 6c. i Nlplsslng 1 S j R jt North Butte 31o 33 32 325 North Lake 340 81 g I M Rav Con ... 100' 19 198 t(l B and B ... 808 Sf 3j 3 5-16 Trinity 456 KJi S I 8 U S 8 com . 455 3911 39i 391 U S S nfd . . 262 49 4S31 49 Utah Con .. 405, 16 ' 1411 15 BOSTON CURB CLOSE. I Bid 'Asked. Ronton Cly 2.061'$ 2.12J Greene-Cananea 9.2." ' 0.871 ICitle & Blue Bell 1 . 06l 1.121 i.'.il.tN era? 2 871' 3.00 Consolidated Arizona . 62 1 .55 Nevada Douglas 4.45 4.50 S. W Miami 8.75 9.00 Red Warrior 1.50 1.75 Bingham Mines 3.371. 3.50 Majestic 81 I .R2 Ohio Copper 1.55 1.621 Mayflower 17 oo 17.25 Tuolumne 3.35 4. 00 American zin 17.871 27.50 .Siuth l.'tab M9 1.061 Ctah Apex 2.75 3.00 Shannon 15.371 16.50 Miami Copper . 25.50 6.00 Ore and Bullion. The ore and bullion report for Saturday, Satur-day, sriven hy McCornick & Co., was as follows Ore received, 180,000; bullion shipped, ?70,000, total. 1120 00ft. Ore Shipments. The Utah Ore Sampling companv on Saturday released 6 cars of ore from Utah mining camps. Metal Market. The metal o,uotstions for Saturday, posted by McCornick & Co., were as follows fol-lows Sliver. 59ic. lead, I4.2f. copper 818.621. Mining Notes. For the fifteen months ending December Decem-ber 31, 1911, the Nevada Consolidated company earned net 84.336.216 It Is reported that tho Chlno companv shows In its report net earnings un to December 31. 1911, $118,472. The Ray Consolidated net profits for tha year ending December 31, 1911. reached the total of $29R,640. All three detailed reports should be received west at any time. |
