Show KING COALITION IS i. i MOLDING HOlDING BACK F FOR iI f NE NEW CONTRACT i Transfer of ot the smelting contract made I with F F. F Augustus b by the Silver ng Coalition Mines company compan has hae been I mode made to the American Smelting and Refining Re Re- fining company compan by Heinze according to Eastern advices While none nona of ot tho the par- par concerned In this deal are disposed M to tatk about lt it one who has hu be been n identified with this transaction reports that the of o the contract hae been made as Mr r. r i is hi realizing on almost aJmo t all AU hl hla investments that can bt converted into While this has made no material dif dlf- f r nc at th mine or the plant in this locality It Is ii said that the management nt Is la a not disposed to Increase the production under the smelt smelt- contract now in force torce It ft hn hai haa been Men known for or torn some Mme time that the Coalition company compan has Me developed more extensive ore oro zones cones than ever before during the life of ot this great Park City bonanza That jt It t Ui Li in a position to materially increase It It output and that the tho ma management ement would be warranted In making an output of at several everal hundred red tons dally deily aa al compared compared com corn pared to its present production w which amounts to about tons a da day When the Coalition made its Hs contract with Heins It was waa with tho the that he would build a fL sm smelting plant in Utah and the large Interests in the Coalition Coalition Coa Coa- litton were willing to make a a. favorable contract with him for forthe the sake sako of or getting another sm smelter lter constructed in this state They also alao agreed to take tAko a financial In- In tenet In n a n new w smelting company In order to assure ure Ite Ita building Heinze failed aBed to live up to his agreement and the Coalition company has lies naturally been dissatisfied with Its Us contract even though It was a batter one for tor the company than the one Under which It was waa previously operating The Tho transfer from will make no no difference to the Coalition company It I is III said fold The company has baa determined to get geta a a. new contract or modification o of the one under which It Ie 1 operating operating- before the ore production will be increased At least this 1 IC I th the assertion made by some of ot the people peo peo- pie who appear to b be in touch with the In Park City Sliver Silver King KInK Coalition entered Into 1 a contract with Heinze to deliver the production pro pro- from th the th mine for tor a e. period of ot ten years beginning January 1 If 1 1909 It has five live years ears more to operate under this contract but It la Is understood that the smelting melting company is 18 to so 0 anxious to get the King ICIng ore ores In large lots that It I 1 s. dl disposed ed to make some concessions The ore Is an nn Ideal smelting product and with a small tonnage coming into this market at this time the desire to get an n Increased production production pro pro- at t the Murray furnaces is quite I A It ft Is said eald Id the Coalition management b be t evel that there would be bo nothing lost loet I conserve Its resources for the pros pros- Itt pt ht Later a big output could be made toi tor to i r big advantage to shareholders while in inIe he fie Ie meantime it will be ba an on easy matter to totra arn tra sufficient to pa pay stockholders dirl- dirl en tends at the rate rato of 1 I 1 a share annually I ne ns authority says ays as a's that this thIA company puid raise raille It Its Ita I production and pay to the market valuation of or the tire property twelve months and I still keep good goo goore ore re reserves on hand while making this bl bir extraction e. e I. I NEVADAS IN m SAN FRANCISCO James A. A Pollock fe Co Investment f rokers South Main ln street furnish Ie following received over o their private Wire Ire this afternoon I Bid Asked Atlanta a C 16 17 11 Booth 02 Blue Bell 04 G. G O. O D. D 06 Fraction 07 08 Daisy l al 02 2 B. B 01 02 Florence 64 54 riS Consolidated 04 05 Jumbo 17 18 Lotte IJAne Star 01 O 0 Merger erger Mines 15 16 Oro 10 10 Silver Pick Con 06 08 Vernal o. o Tiger 01 01 0 02 L Manhattan district district- Manhattan l. Con 04 05 Dexter 01 02 White Caps J 07 OS Comstock dl district district- Consolidated Virginia 19 20 38 Hale Norcross OJ 10 n Ophir 20 0 21 M Sierra Ne a Nevada Ia 06 OS 09 Unton 03 I Tonopah dl district district- Belmont Boston 03 Ch BOY OJ 07 08 03 Gypsy Queen 03 04 Jim Hm Butler 93 I Tonopah Merger Jerger 57 68 53 39 40 iMon Ext 06 06 07 0 Extension 33 10 10 11 North orth StAr 40 40 41 41 Rescue Eulit Eul 11 11 1 i Tonopah Extension Vest End I Other Othor districts districts- Pittsburg Sliver Silver Peak 34 36 f hills 38 Round Mountain 43 43 NEW YORK YOEK PRODUCE r i NEW iw YORK YORI Jan Tan 21 Butter Butt I.-Butt Butter er weak ak fJ receIpts tub tubs Creamery Creamer extras firsts ts Jk Cheese Chee e firm unchanged receipts receipt boxe 4 f Eggs EgglI unsettled d r receipts caS cases 8 Fresh gathered extras c extra hennery whites 3 9 j Dressed poultry quiet Fresh Fruh killed western chickens 13 fowls l i turkeys turkey 18 2 c. c GASH CASH GRAIN CHiCAGO Tan Jan C uh h Wheat No 2 rc red No 3 r red LI 1 U No 2 h hard r RP No o o. o 3 I hard No 2 Z northern I No Ne 2 3 northern No Xo 2 spring 8 SOU si T 9 No iNo o. o 8 3 88 Com Orn No 3 3 No N 3 white ite 64 fH 5 No 3 yellow fO O Oats Oate t No 2 whit whits No XO 3 white V r Itan standard ard 3 A more decided bulge bulgo took place later rI r. r t. t the result of or export sales at Rt Now York t an and of ot predictions that Russia would not p hp I freely before spring Th The l close w w steady r. r i ic lc to ic ge above p last laRt night reports showing a 6 5 to 7 per Pr cent decrease In the number of or m meat t cing animals on farms tarm compared a II year ear ago g acted a IU as a A. depre depressing nc The close was wan ei easy ic lc to HUc bet iet lower GRAIN CHICAGO Jan 21 Wheat Op Open n. n High Low Close fl 91 2 SS 33 Sit tai 6 fj J 65 64 ISH 4 ty Di 3 39 a i 39 2 31 T 2175 2275 2121 1130 1125 1136 1130 1120 1165 1170 1160 1167 |