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Show THE SALT LAKE. CITY, UTAH, SUNDAY, DECEMBER 5, 1915 HERALD-REPUBLICA- N, 19 MINE NEWS FROM PARK, BINGHAM, TINTIC AND ELSEWHERE UTAH MINING MEN TO TESTIFY IN MIWEE MARKET ABSORBS SHIPPERS ENTER INTO TVENTY-SEVE- N TINE'S NOVEMBER OUTPUT OF 482 'OLD HEAVY DUMPINGS WITH CARS, HAS YIELDED ' $750,000 TUNNEL Contractor J. A. th man who Ik driving the Mcllwee. IS.OOO-foercck tunnl at Park City, anil Snk; hoM th American records for speedy tunnel work. pai,l through Halt Lake yestown terday on h,n way from hi home of Denver to Canada, If gotng wherw he on his $73O.00' damage suit ajralnst the 'annillan Railroad company, which fell down ojt it li.ntil contract. Mr. I taking; mining expert there acto make estimate?! cf the tual ilamaK to Mm. Fromprobabl Canada he will jro cast to catch the ntfamrr St. T'aul for Iondon. This ras ha been from the Canadian courtLon-do-of appiil,l appeal to the privy council at the court of resort. Mr. has no doubt but that he will win again. n Fait Lak rterSay after-neoLeaving was acfor Canada, Mr. Mcllwee companied by O. N. Frcndley, puperinr and Mr. tendnt of th McConneii. a Denver nslner, who wan In rharse of the Montrose Irrigation tunnel project. Mr. Mcllwee recently returned from the cene of the Canada V. tunnel by I accompanied of nationRrunton. work, engineer consulting al not, and Inventor of rcmpasss and other engineering equipment known the world. In the partyn throughout ftlao wer George D. Blood, a Salt Lake nsdner. and Guy McKpy, engineer. Th-- y all were there to examine the ttmnel w.irk and make a survey of the Keoiosry of the country In to he posted for testimony In case. the now celebrated Orm of the main object, of the by these expert was to determine tn probable speed that could bo maintained in the work; how much the a foot, and the diffcencj probable between rot the actual rest and the price actual paid Iwill be the damage. andThe cost the total placed at $23". wa ot Mc-Il- we n. ljt Daly-Judg- Me-Ilw- ee e, . well-know- Jn-pe- cll '", award at th first trial approxii7:.noo. mately Mi nail Mr. from will llwee and New York Decemberparty 24. It Is twenty-nin- e years wince he hat vlaited Irnim and hl native heath. Scotland. He time visitsplendid having a and old friends in his relatives ing bonnle the home of Hobble tes an-ticlpa- Hum. VALUED AT $600,000-1- CASE Scotland, I'roduceion of ore by the mines of Tintic in the month of November toestimated taled IS2 carloads. This at 21,100 tons valued at $600,000. It compares wltn October's 643 carloads, which, however, embraced five shipping weeks against November's four, and 50S cars in September. The total shipments for the first half of this year was 2770 cars and for the next five months 3)36. or a total of carloads, for the first eleven at months of 131S. This is estimatedThis tons valued at 17,250.000. 2a:j.20 is compared with a total tit 1914 of 6051 carloads estimated at 201.000 tons and valued at S7.473.00o. In It1013 also and with ISIS cars compared &52i in 1912 When the total figures for H'lS are ln they will probably show a distinct Increase over those of 1014. The following r.re the total shipments in November for the twenty-seve- n shippers; Ca rs. H Chief Consolidated 88 Iron Klossom Centennlal-Lurek- a 4 Ma nimoth . MONTHS' TOTAL EASE AND FIRMNESS SOUTH HECLA HIRES 1 1 -- CaKle & I?luc F.ell Jemlnl t.rand Central Oold Chain i May Diy Draton Consolidated Tunnel million Colorado Lower Mammoth Yankee Consolidated Carlsa leas-Virtoria !:irka Hill Utah company Mineral . S.wm H-c- MORE ORE TEAMS AND More teams were engaged yesterday by the South Hecla Mining company, and it Is expected to have a dozen to fifteen moving up Little Cottonwood canyon on Monday. This .vlll ln a mall way relieve the congested condition of the ore bins and the stopes, which have been filling up with ore for the past month on account of the bad roads the teaming. hindering General Manager George Yesterday H. Watson said that the latest reports from the mine are till encourlng. The work in the Wedg ore body on the 250 level is every week adding to the reserves. There are now not less than and small, in 1 thirty openings, oflarge excellent shipping this body big ore. The present work is mainly ln puts 7 ting the ore shoot In, shape that it can he made to respond quickly when the 4 ore mav be moved In normal quantiThis should be the condition the 4 ties. week, as the roads are said to coming " be improving dally. The 500 level is 3 there is - looking fine and the work 2 making good headway, is the report. & H.-r-k ? ' 2 " tpi-- Ulack Jack LldKe Si Valley 1 1 Ocvtivji daly-judW- ay 1 1 1 1 Victor Consolidated Minnie Moore lease Utah Ore Sampler ' Total 05. 000 D OVER V DEND AND PASSES MILLION MARK e Directors of the Mining the regular company yesterday declared 25 an and of dividend cents quarterly extra of 10 cents to he paid on December 20 to stock of record December 10. This calls for the distribution of $105.-00This will bring the 1015 payments up to $300,000. and Kives the record of $1,155,000. company a dividend This makes SO cents paid out this year, and $3.85 a share to date. It is officially confirmede that at the treasend of the year the $630,000 to $700,000. ury will contain 1915 were sufficient to The earninas in cover all expenses, pay off $300,000 dividends and add to the treasury about $300,000. The directors of the company recentmaking ly met and passed a 6resolution 25 cents a quarthe dividends for or the for year. So the ter, $300,000, In KilS have already excess earninKS covered all the resrular dividends for next year. However, it Is understood ther may be Christmas and possibly other extra dividends thrown In during tho year. General Manager George V". a has just returned from trip to the east, visiting St. Louis. Chicago, Cincinnati. Pittsburgh and other business centers. "I was surprised with the almost universal spirit of optimism I met on every hand." he said yesterday. "The general consensus of opinion is that the meials will not only hold up strong the war. but at Its conclusion during and for perhaps a lontr time after. Acmincordingly they are looking for the ing industry both east and west to maintain a very flourishing condition." 0. Among the Tlntle Mocks which have hown substantial advances during the past few days Is th Black Jack, hut as rear ai can be ascertained there pave at this ho nw developments th Eureka say property, Iporli r.g For nonie little time a piece of ha been going on from the Dragon workln, a long drift being sent over Into the P.lack Jack. This f nt low n g an Iron deposit ami irift re taken o it as thf I n todrifting of the being- sent I on toerne Iter. A work carried w ward the north tM Iron ore Hi probatd the official of ably hp left behind the ftmp.ifiv are confident th it a betIt. ter grade of ore will r I :!.! rn itnii side Is The work from th the onty prpe tin that I being done pro-pctln- I pro-jrres- ee - at the r.'aek Jack property. I4nrr Minrro t h. Shareholders of ti e. Lower Mammoth Mlnlnsr company will receive cheeks on December 1 for the dividend which was leclared at th recent tneetintr of the boir I of director. This Is the ftrst dividend that the Iower Mammoth the years, paid In several record of dividend although property hnlike aS73.0f)' to tfs credit. The rotnethlrj hare'idders tn this company wr called upon for an assessment not long aro. bt;t tfiir.Ks ere looking more prom-Istniof la the underground reason why the mire rnd there Is no workings some dividend money r.mnot be disbursed at resrular Intervals provided on which the miners the ore are nw- - deposits at work hold ut. is the opinion. Good ore ! now h!rr mined on three or four level at the Lower Mammoth and th rn'.ne's enrnlnes Justify th that a $10. dividend, prediction which Is equivalent to 1 cent a share, can be paid each quarter, some declare. Haste .1 lllue Hell. The Kacie & Blue Rcll mine Is row !n excellent condition. and a larKC amount of new ore is belnir develop..! on the lower levels of the property. Ist a nv Is m ikini: prepat present the corn; arations for tl e installation of the new driven hoistlr rn' nt electrically nml with this nw machineryequip in order a much heavier of ore will no doubt be sent tonnasje out. Th new hoist, which will be delivered wlthtn the next week, will be of 2 0 equipment will be horsepowerforanda this nufflclent no lorn ;lmo to come. official statement has Although been rnado by the company it is unafter the derstood that Immediately new machinery the Installation ofIsthenew work which Victoria belnir handled through theand all shaft will be discontinued development work handled throusrh the Ka trie's main shaft as soon and as possible a consolidation of these mines will be brought about. T run-rttn- Mining company rtecently the Arcane was organized to operate a Krnup of claims at Ploche. This jrround adjoins the Surn Duster mine of the Amalgamated IMoche and carries :t continua- v bodies. The tion of the same ore is equipped with a hoist, air and machine drills. The compressor CC - foot shaft la a double compartment. The company Is capitalized for loo.-f)with shares of a par value of 10 over cents e;ich. The eompanvII. tnkes V. I;nrd five patented claims. is president of the company; S. p. Th--Kin-neis seeretery and treasurer. wltlt Frank H.K. Holman, A. M. Chenev ?4annlnK constitute the and Frank board of directors. com-psn- 0. v BADGER BROTH RES BROKERS Phone W. tfO Main St. 946-91- 7. a!t Lake Stock and Mlnlae larbinKt. Member WILL BUY S 3 10 B 10 zoo 15f0 100 If. J. Grant 'A. C. M. I & Make Offer Co Utah State National. Zion's Sav. !ank Con. Va$ron o Susjar. . Utah-Idah- WILL SELL - TTtah Wyornrn- Call Switch Cent. Sugar charEer Oil 36V0 20? 0 ) 4 li.O 91.00 11.23 .IS Dis- - .OS Make IUd Hear IUvcr Gun Club.. Z00. WEK ForUna onerntojs who have stuck to th new sold camp In eastern Beaver county "like crlm death." and for a year or so stolidly received the Jibes of their unsympathetic friends, have two reasons for rejolclnsc In one blessed week. First the announcement that one of the most powerful minim? In the world had taken over one of the pet properties and had actu- ally started to test the ground to a depth of 200 feet. Secondly, yesterday U. A. Hodge,, and K. C. McCarry received a substantial check showing of Fortur.a ore recentthat the carloadwas worth nearly 131 a ly tested out ton. It proved the strongest Indorsement the new camp had secured, as the check from the smelter puts the most scandalous "knockers" to sleep forever. Messrs. Hodsre;., McCJarry nnd Davis tons of ore from the Davis sent 2 on the Lumrey A Moor ground Hock mill, where it was to the It gave up 1 J pounds of amaltreated. Sheep the past gam. When this was tested It showed values of $803.21. There week SS ounces of gold sponge andamal-irathis were The tested out 17. fine. finallycontained 4S ounces silver; but have the rest was gold. The owners about looo tounds of $180 concentration left. they also have recently, saved 351 sacks of excellent gold ore at the workings, and 80 tons mill grade on the stockpile. from The tested ore had been saved crass1h roots down to Inthoore.35 level. the The In 40 feet, all A drift to the shaft has recently been deepened level, where stoptng has been Smelting started. The United States has started Its permanent shaft 73 feet north of the Davis shaft. lae S m S-- fio-fo- ot ALB ON AND EiMMA COPPER OPERATIONS A U.i. Dec. At the Albion, the raisee about seventy-fivstarted two weeks aeo main drift Is urt from the feet ton of twentv-fiv- e feet, and the entire with sevthe raise Is welliro.--mineralized, across ore show-ineral streaks of Wltcher lease on the 4. d g the face. The forty-fiv- e 1'tonlan claim of the Albion has which duinn tons of ore on the a ton. The vein sample about $30 from which this ore was taken Is about six feet wide. During the week some galena ma !e Its appearance in the face of the drift. It Is stated that the roy-to from this lease are sufficient alties nav the operating expenses of the Al- v In opening iin Its proo-ertbion romp-anthe Qulncy tunnel. through The Mm ma Copper is pushing- develdrift along the opment work in the the incline raise fault plane and Inwhere two carloads above the stone, of shipping ore were extracted during the tlm summer. The enowshed at commouth of the tunnel has been the iroperty is now in pleteds and condition for the campaign of development that will be pursued during the winter months. SAYS REPORTED GERMAN COPPER BUY ABSURD German Commenting on reportforthat200.000.000 buyers had contracted this market, for pounds of copper In after the war. an Immediately fel!very of one of the largest copper official concerns said: "Such reports. f they refer to new business, are absurd on their face. There has been no such copbusiness placed. However, every counof Importance in this per concern to for detry has sold copper We took such war. (Germany after theweek. livery How large the an order last orders Is it is Impossible total of these known that when cupper to say. It is 142 tents German buyers was around ooo.ooo beit Is afttook about SS. pounds, was lieved, however, this copper a handsome erwards resold, showing to the tierman owners." rays the profit Hoston News bureau. first-clas- PARK CITY PRODUCTION $65,000 FOR THE WEEK , Dalv-Judg- 1 1 1 .10 .0SJ .0SJ .10 .03 .66 .03 2 .04 J .03J .70 ioij .UJ .08 .121 .02 3.'96' .51 4.50 .61 7.90 7.69 .19 .00 .15 .O0J 1.60 1.55 .03 .18 .14 .52 .15 .21 .16 . 53 .01 .99 .20 .015 .25 .03 .35 .071 .022 .00i .97 .01 .07J! .021 .19 .30 1.50 . 17 J .03J " '.26' . IMutus .25 .0t Q03 ... l.OO .08 .82 .12 .15 .15 .075 07J .81 .11 I'rlnce Con Reeds Peak Hlco Con Hico Well Hexall Seven Troughs Seven T. Coalition .07, -- , , 0. , I NEW FORTUNA SHAFT .02 .45 2.30 3.45 .01 .40 227 4 Silver King Con Silver Coalition .. Con Sioux King .... Sua nseji Cnn South Hecla Tar Ha by Tintic Central Texan Cnlted Tintic. . . . Uncle Sam Utah Con Union Chief Victor Consolidated .... Victoria Consolidated . . Wilhert West Toledo Yankee Con !is .031 .05 .29 .24 .04 .22 Pittsburgh-Idah- $2,-500.0- 00. 3.40 .04 .01 .03 ' 2.20 200 TO SINK TO LEVEL Intermountain manager .06 .06 of the exploration branch of the United 02J " States Smelting fc Refining company, !24 confided the reports that the yesterday has .01 taken over the Lumrey company .OS east.08J & Moore property at Fortuna in .01 .02 ern Beaver county, and has already .01 .02 sent a force of men down to begin .01 .10 work.' Mr. Muir said that a shaft will be sunk to the 200 level to begin with. .'6s$ He will go down to Beaver probably .081 . 03 i 03J tomorrow to look after some of the .39 .3S details. .10 .02 Ibex Xt is understood that the for the ground is $150,000. option said It Is price SATURDAY'S RALES. three not have less than that engineers Alhlon. 520 at 31c; 1300 at 31Jc. and reported on the proper2500 at 8Jc; inspected Amalgamated. Bingham for the company, and that all the ty 1000 at Sic. were favorable. The story is reports Columbus Extension, 5 00 at 124c buy- that the new shaft will be carried to er 60 days; 100 at 12Jc; 1000 at 111c the 200 level, where a station will be 20 EUREKA-OPHI- R Bell. Blue at Manic $1,621. cut and a drift sent out after the gold SHIPS Kmma Copper, 500 at 20c; 200 at 21c. ore shoot which attracted the mining 100 at 53c Grand Central. men in the surface workings. Prince Con.. 400 at 82c; 700 at 81c Reeds Peak. 1000 at 114c. CLEARING HOUSE King Con., 100 at $2,271; 6300 250 TONS LEAD ORE at Silver $2.30. $2,263,701.63 clearings South Hecla. 400 at $2,221: 100 at Saturday's Same day last year 2,262,199.01 $2.20: 100 at $2.17J. Week's clearings 10,705,907.41 1500 at Sic Uncle Sam. Same week last year 8,963.025.63 the time Messrs. Wade and DuringSalt at 8c. Wllbert. 2000 1000 Lake mining engineers, at Tibby. West Sic Toledo, have been operating the Mureka-OphYankee Con.. 100 at 38c have the mine at Lam-bour- ne 2 ". 1 5 D. D. Muir, " I I SHOOT FOLLOWED DOWN ORE WEALTH; Nast & Bonton, Old Stewart Nos. 1 and 2, Cuba, Star, Hoogly Vespatian, Highland, Indiana, Eagle Bird. Fortuna, Congor and some others have paid more than $25,000,000 in profits. "These however, do not cover all of figures, the profits taken out of obscure claims and leased ground from in the It is safe to corporations. last forty years amounts notsayincluded In any of the foregoing will exceed $5,000,000. Nor do they include such properties as the Bingham Amalgamated, Yampa, New England, C. & G. Old Commercial, Ohio Mining company. Copper, Utah Metal & Tunnel, Highland Boy Consolidated and many other which have produced millions but paid out no dividends of record. Besides this there has been to exceed $1,500,000 in placer gold taken from the camp. Or in other words, $88,470,000 in actual dividends have been taken from this camp. Multiply this by five and you have $442,350,000. This total production sum, while great, does not represent more than 10 per cent of Bingham's vast ore deposits still untouched by man. Wealth.' One Mine' "Take the Utah Copper, for instance, with its 500,000,000 tons of proven ore, carrying 1.6 6 per cent copper, 20 cents gold and 24 cents silver to the ton. This is 33.2 pounds of copper a ton in the crude ore. It costs say 8 cents a pound to make it. This is $2.C4 on aa copper market. This leaves net profit of $2.64 a ton on the crude ore. Now figure this tonnage at ssy $2 a ton profit. The Ohio Copper, United States Smelting, Utah ConsoliUtah Apex, Utah Metal,' dated, Yampa, Haven and many Bingham & New one to twenty years others have from of ere reserves In sight today, and there is a vast area of the Bingham district still undeveloped. "At one time in the early days of e the camp, the prospectors were and expecting to find nothing looking And they found what but went gold. thev placer after amounting to near At that time the only $2,000,000. to be of any value ground thought whatever was the placer, the old Winnemucca mine and contiguous properties. A few yearsN later and tho old were the Telegraphof and environments in Bingham. nucleus mining events Still later the Jordan & Galena mine was in. Then the dissaid brought the limits of the production never trict had been teached and would extend further. "However a few years and the Utah Consolidated opened up the largest the world body of sulphide copper ore had ever known. Then one after another two other extensive bodies of ore were found. Then the Yampa cpened up a big copper mine. Following this came the Commercial. Utah Apex, and now the Bingham & New Haven Utah Metal follows suit. Other Equal Possibilities. "It is safe to say that there Is much ground undeveloped equally a; rich in base and precious metals as tho areas developed. But owing to much already of it being covered bv debris and overburden it has been erroneously included in the quartzite areas. But where open cuts and actual mining has been sysdone, the tematically and Intelligently persisdevelopments prove thoandgreat their stroiin-g tency of the limestones mineralization. This prospect work sures development f an area equal.to that now developad. the Utah Copper Twenty years agowas ridiculed and company's property the locators were termed ':copper cooler' miners. Ten years hence ground that the wiseacres pass up today will be the mines of that day. no "The Oquirrh range Oday has ln the known world for a like equal area in mineral wealth. Tt includes such camps as Bingham, Stockton, Dry Canvon. Ophir and Mercur. The great Tintic district to ihe south a few n.iics is detached by Seven Mile pass, yet it is in fact a part of the same basin i.ange. "Very few people who have been born and raised in this section cttn conlyceive of the billions of wealth still at our doors. It i3 as ing dormant of much due to ignorance of the factsour under the vast stored wealth right horn-minnoses that so many of these receive the discouragcompanies ing cold shoulder and permit rrost of ing dividends from our mines tc go to the New York. Boston and oth;r centers;." 16-ce- FROM DIVIDENDS $88,470,000 nt old-tim- old-time- rs -- Secret liining Co. ilSing at Alta. Little Cottonwood mining district. Capital Property located stock $600,000. divided into 600,000 shares of the par value of - $1.00 300-FOO- LEVEL T J. Will Knight was up from Provo on business connected with yesterday the United States company. Smelting He said that the new copper body in the Iron Blossom was first struck on the 300 level and afterward followed down to the 900 and then a winze sunk on the orelevel, feet befifty low that, where conditions are favorable. Relative to mines in general, the Eureka Reporter says that acto officials of the company, cording the recent advance in the price of Iron Blossom stock is more the result of a metal market and a bunch stronger of buying orders from the big east than any improvement ' in the underground of the mine, the workings usual amount of ore is although being- mined and blocked out for the future. The general condition of the property is market for good and with the lead and silver thepresent is said company to be getting a large amount of money from the heavy shipments ot ore. the bulk of which these metals. The winze which is being sunk for the further development of the copper found in the north end of the depositBlossom's Iron extensive property is now down a distance of about 350 feet below the 600 level. Sinking Is being carried on in a lime formation and it is understood here that this work is to be continued until the winze reaches a point about 400 feet below the 600. when a drift will be sent out after the ore. At a depth of 300 feet in this winze, some ore is being mined hut is given first considerasinking tion and abeing tonnage of this ore large cannot be expected until the winze the 400 level, which will be reaches 1000 feet from the surface. Leasers at the Colorado and Beck tunnel, two other Knight mines, are a nice of ore and there shipping new developments in have been some grade new the latter mine. The development work, however, which has been under way there for the past few months has not developed anything of importance. Heclc Tunnel Ore Rich. Some of the nicest silver ore that Is being shipped from Tintic at the present time is from the lease of Browncoming the Beck Tunnel mine. at Henry This ore was encountered on the level, in what is known as the old ore channel, and at the present time it is being followed by means of a raise. About three carloads have albeen placed on the market and ready it is reliably reported that the ore car180 ounces of silver and sevries about dollars in gold to the ton. which eral means more than $100 to the ton now that silver is for 56 cents an ounce. With a selling fair face of ore pretty to work on a leaser can rattle out the coin ouite rapidly if his ore is bringing him $100 a ton. The cars which Mr. Brown sent out carried about fifty tons each and were good for from $4000, to $5000 a car. Ore of this grade at the Beck Tunnel pays the company a royof 50 per cent. alty The ore on which Mr. Brown i" "t workdeposit will no doubt be good for several more cars, although it is makold ing directly toward one of the stopes and consequently it cannot make very large. 180-fo- BUTTE ot SUPERIOR BREAKING RECORDS (By Badger Bros.' Private Wire.) & Butte, Dec. 4. November output of Butte & Superior broke all records. Production of Black Rock mine was 52,430 tons ore. from which 15,050 tons concentrates were made. Zinc production in concentrates exceeded 16,000,00 pounds. The 7000 surpassed previous record bytonnage tons, and the zinc production wasin over 1,000,000 pounds any previous month. greater than AND EXTRA DIVIDEND DALY JUDGE MINING COMPANY. KEGULAIl -- THE REGULAR e QUARTERLY Dividend of the Mining Company of 25 per cent, amounting to exNo. 21, and an being dividend of 10 per cent, amounting tra dividend to $30,000, being dividend No. 22, the whole $105,000, hag been declaredaggregating December 20, 1915. to payable stockholders of record at close of business December 10, 1915, on which date the transfer books will close, and reopen on December 21. 1915. Daly-Judg- $75,-00- G. W. ; ir past fall, they Ophlr OPEN BOARD. out five carloads, or 250 tons shipped BOO at 121c Extension. ore. Columbus cars $750 The of brought about 100 at $7.85. and the little mine Is making each, some profits. Samples of the ore carry Prince, 200 at 80c; 200 at 81c; 300 10 per cent lead, 8 per cent copper, 14 at 82c at $2. 2a. South Hecla, 23 to 15 ounces silver and 75 to 80 cents West Toledo, 2000 at 31c 700 gold. The ore is coming from the 150 at 40c; Yankee Con., 700 at 39c; level and up. It Is the intention to sink the main shaft another 100 feet 400 at 41c or more ln order to secure more stoping Shores sold. 29,365; selling value. J21.149.43. Week's totals: shares sold, ground. 208.481; selling value, $126,438.45. METAL QUOTATIONS UNLISTED STOCKS. on curb yesterday were62 as fol-69 Rales New York. Dec. 4. Copper quiet; to 3600 shares at lows: Sells, 20.00. 19.75(3 electrolytic. cents. The closing quotations were Iron unchanged. as follows: Silver, 55. ' Bid. AskT NEVADA STOCKS .08 .07 .... Tunnel Alta 20 The following quotations were re- Alta Central .... 14 ceived over Badger Bros.' private wire: Bull Valley .03v Extension Cardiff 12 Bid. Ask. Cottonwood King .06 .05 22 .23 Con. . . Atlanta Demijohn .25 .15 .. 40 Michigan-UtaBooth , .01 .001 03 .04 Neva .... Blue Bull .08 .06 .... 0 t 0t New Qulncy .023 OS .024 Combination Fraction Paloma 02 .011 06 Rico Argentine . Daisy .0- 0- .00 .04 D. B. B .05 Santaquin King .01 .003 30 Florence Santaquin Chief . .69 .67 Goldfield Consolidated ... 1.20 1.25 Sells .02 .03 09 Goldflcld Simmerone Tintic Standard .. .38 .40 1.20 1.22J Wasatch Mines Jumbo Mxtension .15 .01 Gold .... .03 Lone Star Beaver 16 .17 Merger .13 .14 NEW YORK CURB QUOTATIONS Spearhead .... 05 .06 Silver Pick 03 The following quotations were reVernal 01 .02 ceive d overBajigjJJ Yellow Tiger 05 Oro Bid. Ask. 05 .07 Sandstorm .... 1.75 2.00 21 : .22 Coppermines Kewanos .07 .10 06 .07 Fraction Great Bend .95 1.00 Blossom ".01 .03 Iron Grandma 1.18 1.25 ; 70 .74 Jumbo Mxtension Rochester 1.871 2.00S 02 Mason Valley .... Manhattan Consolidated 3 3o 20 .22 Montana Tonopah Consolidated Virginia .30 .25 OS Extension & Norcross Hale Mlzpah .18 .20 30 Nevada Hills.. . Mexican .19 .16 28 North Star .29 Ophlr .18 .30 06 Ohio Copper Savage Nevada .64 .621 44 .45 Stewart Sierra .08 .10 60 Alta Consolidated ... Union .03 .05 .05 Bov Big Cottonwood Cash .21 .25 02 Kmma Copper Queen Gypsv 1 .07J .25 .50 Wasatch Mines Jim Butler .82 .84 51 West Mnd Merger 19.00 21.00 15 Utah Securities MlJwav 91.00 93.00 06 .07 Utah Securities Notes Montana P. Mxtension 34 Montana 2S Mlzpah Mxtension EOSTON COPPER RANGE 15 .16 North Star The following quotations were reOS .09 Rescue Hula ceived over Badger Bros.' private wire: 3.S5 Tonopah Mxtension 02 .03 Umatilla Shares! High. Low. Close. 80 .81 West Mnd 925772.25 71.25 72.25 Butte &-- S... 08 Halifax 140 6S.00 68.00 68.00 Cal. & Ariz.. OS Silver Peak Pittsburgh 21 Chief Con. . 1,200 1.121 1.121 1.121 Nevada Hills 495 37.25 56.75 57.23 40 Cop. Range. Round Mountain 100 1.75 1.75 1.75 Davil Daly. . . . .3S Hig Jim M. Butte ... 440 15.871 15.75 15.75 25 44 .23 44 .25 Greene Can.. 504j44. BOSTON CURE 170 15.75 15.50 15.75 Lake Cop.... 1.18 1.18 Th following quotations were 4,550! 1.30 Majestic 300 .85 over Badger Bros.' private wire: New .82 .82' Doug.. N. 31.50 31.50 0, LAMBOURNE. Treasurer. WE MAKE IT A POINT each. to give prompt, courteous attention to all our depositors and clients and we consider it a privilege to servo them well in all transactions. 7 re-port- ed I Your account, check. Is invited. subject to UTAH STATE NATIONAL BANK h. OFFICERS: F. Smith. President. Joseph D. C. Vice President. J. Grant. Vice President. Heber Jackling, Rodney T. Badger, Vice President. Henry T.II. McEwan. Cashier. Butler, Assistant Cashier. George C Shipments of ore from Park City mines the o.ist week totaled 1C12 tons $n5.00o compared with 153 valued th- - previous week. Tue shippers were as roiiows: Pounds. Silver Klni? Coalition ... 937.0-- 0 Dal) Judce fiSS.ti.'.O West Dily OliverI King Consolidated Sfio.spo Boston Mlv Bingham Mines 73.170 Verde Nail river 3.23 1.0SG South Utah Total , mtnTiti-:ftn.fK;f:u I nnlk Main M. Grand Central Indian Queen Iron blossom Keystone King William David King Lead King Little Bell Lower Mammoth Leonora Monatatre Mason Valley Mav Dav Mineral Flat Mountain Lake Moscow Nevada Hills Ohio Copper Opohongo o ,03i .32 .31 .04 06J Daly-JudK- e, si ARCANE WILL OPEN PIOCHE PROPERTY DIRECT PRIVATE WIRES. Stocks, Bonds, Cotton, Grain. IN ONE BRIEF an .09 .03 , 42 TV0 PRIZE EVENTS Alta Con. . Alta Tiger Albion American Con. Cop Heck Tunnel Klngham Amalgamated Hlack Jack Hig Cottonwood Kannoek Cedar Mxtension Cedar Talisman Columbus Mxtension ... Colorado Mining Crown Point Cardiff Daly e . .V. Con Dragon Ma stern Prince M. & Hlue Bell Mmerald Kmma Copper Gold Chain Daly-Juds- MAMMOTH-EAGL- E 0, Ask. I reliable" camp, miles southsituated only twenty-fiv- e west from the center of Salt Lake City, has a total dividend record of $S8,470,-00a production record of $442,350,000, and still has more than 500,000,000 tons of ore untouched in just one of the These gigantic figures properties. were compiled this week for The by John B. Taylor, ona of the Bingham pioneer mining operators, whoonIs a literal "walking encyclopedia" Bingham. His knowledge o fits past history, of Its present and future potential possibilities, and of deits geology, topography and mineral is probably unequaled positions generalman. His remarkable by any. other memory of facts and figures, his intimate knowledge through long years of close association with the camp have him to talk authoritatively. equipped When asked for a summary of dividends paid out bv Bingham mines, many of the records of which are now few unavailable, the production and a offother brief observations he said hand as if he were reading it out of a book: 70's the Winnemucca "In the more than $800,000 in divimine paid early dends. Since then other leasers and have extracted probably not operators less than $400,000 In additional profits. The Old Telegraph company extracted some $8,500,000 from the Montreal Roman Empire and the No You Don't claims showed profits of at least ""Next in line the Old Jordan and by the Galena, prior to Its absorption United States Refining & Mining commore than $20,000,000 pany, yielded upwas There derived from the profits. old Last Chance more than $3,000,000; 1 more than $1,500,000; Yosemite No. Yosemite No. 2, $1,200,000; Brooklyn, $2,000,000; Lead mine. $1,630,000; York, $1,000,000, and from the Petro, $1,500,-00are available, the "While no United States figures company must have taken $3,000,000 profits from this camp. "From the Utah Consolidated ground there has been extracted in earnings from Bingham & New $10,000,000: Haven, $900,000 in dividends ajid $260,-00- 0 cash was in the treasury when it was absorbed this week by the Utah Metal & Tunnel company. "The Utah Copper company dividends exceed $30,000,000, with another $2,500,- 000 to be added this month of December. The Dalton & Lark has produced more than $8,000,000 and at least $2,000,000 should be profits. "It is safe to say that the Dixon, Erie. Tiawauke. Redwing. Ben Butler, Liberal. Black Day. Montezuma, Jersey Blue, Phoenix, Horace Greely, Sacred, Burning Moscow, Amelia. Silver Shield, Bingham, "the old 308.-48- Daly-Judg- I I'lutus Business on the Salt Lake mining exchange during the past week showed an increase of $45,000, and compared with the week before that, $56,000. The past week has shown an unusual trend toward the d Mocks. Several issues during producing the week showed individual sales of $6000 to as as high $10,000, and yet the market was sufficiently strong to absorb these without apparent heavy dumpings The South Hecla showed restraining. markable strength in this regard; so did the Sliver Con., and recently the Prince tookKing in 16,000 shares without any sign of distress. Yesterday showed a heavy volumedis-of sales with the excellently tributed to suit trading the taste of the general buyer. The market seems to be gradually broadening, and able to cheerfulfeatures which six months ly handle ago would have proven depressing by the size of the unloadings. Sales totaled 29,365 shares, 1 valued atyesterday $21,149.45; for the week, shares, valued at $126,438.45. The official closing quotations were as Bid. $442,350,000 DISTRIBUTED high-price- OUTPUT WILL INCREASE FORTUNA REJOICING BLACK JACK WORK 1 IRON BLOSSOM ORE CAMP RECORD; M RELIABLE'-BINGHA- ......... ; -- .......... I Ego ASSAYER AND CHEMIST Formerly Chief Chemist and Assayer, Bingham Smelter, MIdvale, Utah. . -- ...... I j re-cev- I Hid, .35 S.oo 4.93 25 j Ask. ,4u S.f.o 5.00 .33 ei Butte... com. U. 8. S. Preferred . Utah Con. . Utah Apex Utah Met. .. 25)31.50 290 45 130 . 50 960 47.00 49.00 12.25 3.25 9.621 46.50 47.00 48.75 48.73 12.121 12.121 3.25 3.23 9.50 9.50 Cost wm nsr mmmm IT. S. in Salt Lake City, Utah. 31 Postoffice Plaee, Salt Lake City, Utah. Phone Wasatch 2041. Map Showing Location. Of-I-t PROPERTY ADJOINS THE SOUTH HECLA. ALBION AND OTHER PHODUCEnS. Area of holdings over 300 acres, 100 acres of which is patented. Now tunnel, which at present is' in over 435 feet and is workingtoincutmain the lime contact. driving We offer for sale a limited amount of TREASURY stock for develop- ment purposes until further notice at 8 cents per share. The ground is very favorably located and prospects are good for a producer. The company is desirous of raising funds with making a vigorous winter campaign. Now is the time to invest. which to continue Profits sure to come. PRICE ONE YEAH AGO. PRICE NOW. . Sc per share Cardiff t'2c per share South Hecla 92.24 lOc per Kliarr A Ibion : in inn Copper Sc per hn re ! Sellw Co per who re lOc per share Wasatch Mines For further information call or write 1 Secret Telephone Watt. OS. EMlenin 312 MUVmg Co. Judge Bldg., Salt Lake City. Also four years with Government Assay Office, E. W. HULSE & CO. STOCK BROKERS We handle stocks for cash or on a 33 3 per cent 1-- margin. Quick . and Phone 967. efficient service. Stock Ex. Bldg. |