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Show THE J HERALD-REPUBLICA- SALT LAKE CITY, UTAH, SUNDAY, JUNE 18, 1916. N, NEW MINING ACTIVITIES STARTING UP OVER THE STATE' - s WELTER COMPANY IS OLD TINTIC MINE SHIPS THREE SAiDTOBEAFTERTHE M mil GRAND C . ii' . V.'hile It is Impossible to learn EARNING AT RATE OF g Cen-Mini- Mc-Crys- ng ton-nas?- fH-a- tal nt May REPORT LARGE TONNAGE erty are good. FINDS AND T HER CAMP PREPARING TO WORK i - lf Sam. le May Day property while no new ore has been opened rethere Is still a nice showing cently In the upper portion of the mine, where the vein is being followed toward the south. Money realized on ore shipped on by the company and the royalties the ore taken out by leasers insures continuation of the regular quarterly dividends of 2 cents per share. At the Uncle Sam property, which is under the same management and Important piece of supervision, ais very under way which may prospecting In the location of the possibly result southern extension of the Yankee's deof silver ore." While this work posit has failed to locate anything of imthe drift Is being driven unportance der favorable conditions and the officers of the company consider It a very promising piece of prospecting. $40,-00- 0. NOW Day-Unc- ln t-- Stmt f f Cirlercra states that thincs as are moving alang about the same and usual at the v- 8 B. MINES ; Mammoth High Grade. Some of the nicest copper ore that is being shipped from the Tintic disof trict Is coming from the 600 level the the old Mammoth mine and while means a large one It Is deposit isto bymine a carload or two of possible 17 per cent copper ore each month. Two cars which the company placed on the market a few weeks ago brought a check for more than $6000. class of ore will be sent out before the first of July. The Mammoth company's output of about"4000 tons of ore per month has been cut down to about 2300 by an order from the smelter. he Mammoth The present output of Is being taken from all of the levels between the fcOO and the 2100, and above the 600 a few leasers are keeping The bulk of the company's men busy. from are at work on ore which carries some to 3 per cent copper as well as gold and silver. r D. San-taqu- . e. SHOWS Relative to recent developments and present physical condition at the King and the Santaquin Chief, H. E. Uavenor, mining engineer says: "The Santaquin King looks better toat any time in its day than perhaps The new find is opening out history. In good shape. The ore has now been followed for about fifteen feet and the metal content is holding up in a manner which was not to be expected. "At this time, the face is about three feet wide and the ore is carrying esaround SO per cent zinc. In places, near the top of the ore, there pecially is a great deal of lead coming In with the zinc, but this lead ore is taken out and kept by itself. Nearly all of the work which has been done in the last two .weeks has been with a view of the size and extent of the ascertaining latest find and it looks as if the ore will continue with the intersection of the fissures and also make to a greater depth. "Wether conditions are ideal and no delayoresnould be experienced in taking the down the hill when the shipment is made. The ore can be graded that the of zinc can be Increased to percentage around 40 per cent, but it is thought better to ship it with the values around 30 per cent. "For the mixed ore, of which there Is a considerable tonnage already dethe new process is veloped, out nicely and in the course ofworking a few weeks ought to be announced definitely regarding the ' marketing of the ore. "In the lower ground of the Santaquin Chief, where the new work was tunnel has been driven started, the a limestone bedding which through was entirely replaced with iron. On the top of this bedding was found about one and one-hafeet of low ore. grade "This ore carries values in zinc and in some places the mineral shows in small cavities In crystals. The general character of the ore is similar to that In the King, but carries more iron. In fact, it is quite heavily imwith Iron. pregnated i'h tunnel is now through this Iron and Into a strata of black bedding When driven ahead about fifty nine. feet It will pass through this black lime and will then be at depth enough to cut another iron bedding similar When to the one just encountered. the next bedding is found, the depth should be sufficient to make ore. The conditions at that point should be like those just passed through where the depth, toonly a few feet, was not suffi out of the leached zone, cient or rather getwas not deep enough to reach the places where the surface water has not leached the values and carried them down. This new work on the fcantaquin Chief is highly Important. It is being done In an area favorable for ore. The Indications are shown on the sur face, and judging from the experience of other places in the district, ore can reasonably be expected. com-pan- way. LUUttlLU IN OLD RYE PATCH MINE NORTHWEST TINTIC One of the officials of the Sliver Bell William A. Kkman, one of the pioneer Nevada and Utah prospectors, has & Alpha Consolidated states that dewhat he believes a valuable strike in velopments of the past week at the In White Pine' Just discovered property about sixty-fiv- e miles north- property in the Rye Patch, Nev., discounty, east of Ely. "Although it is young," he trict have cut a new vein, and that the the said, after a ton returns from which miners are sacking ore that runs high smelter on receiving shipment carries in silver. One assay Is said to show $91.21, "this discovery yielded Indications of making a large 691.8 ounces silver and 2.40 in gold to strong without spending much the ton. The property was never worked production dead work. money in preliminary '. level. "The ore exists in a well defined vein below the in the lime cutting across a hill and is J. George and Clinton B. Smith have values shown been engaged to determine the amount traceable 1300 feet.72.1The by the assays are 10.7 ounces silver, 8.8a of mill ore broken and stored in the cent lead, per cent cenner. per j Iron. The old cent and on the dumps. One relittle gold and 11.5 stopes per Jeans to me is that there were 220,000 tons of port preponderance or silver ore would average. 16 ounces silpresumption that it is a dependable shaft ver that and 50,000 tons of higher grade. vein. In the twenty-five-foare indications of widening and The officials are Liorln Hall, president; soon make a Charles V. Olson, vice president; C. I. Htrength, and it should is ltay, secretary, and J. Pingree, treasproductive property. The intention to start shipments at once, the work- urer. in ore, and also drive a ings allonbeing vein the tunnel for the procuring of NEVADA STOCKS. depth." greater The following quotations, were reMr. Kkman is known throughout the hills of Utah and Nevada as "Big Bill." ceived over Badger Bros.' private wire: and a few years ago discovered gold Bid. Ask. veins near Battle Mountain, which cre1 .11 Atlanta a .., sensation by their richness, ated .16 which is said to have started a stam- Hooth Blue Bull .03 .02 ..,. pede to that part of the Sagebrush O. . 05 O. L wtate. .OS Combination Fr. ., .09 .03 Iaisy EMMA COPPER AND ITS IX B. B .04 .03 loldfield Con .90 SG2.000 SHAREHOLDER Jumbo Extension .85 .SI .06 .07 Below Is an extract from one cf Lone Star .08 .03 Graham Rice's5 editorials In his Merger Corge .03 Spearhead on .Tune of the Ace Mining principal Silver Pink .11 .10 stockholder in Kmma Copper and spec.10 ulations as to its comparative worth, Vernal !6.V Yellow Tiger .... .02" in hi opinion: Uro .03. .06 stockholder of the "The principal .11 Kewanos C. Kmma Copper is Mcylan the fJreat Bend Fox, '.03 .02 multiSalt Lake City septuagenarian .02 (Irandma millionaire, who. next to Messrs. Keith '.69 ... .... .67 and Kearns. is the bisrgest stockholder Rochester ;old .02 Wedge in the Silver King Coalition, which has Manhattan Con. .01 in dividends to date, paid $14.00.000 Dexter .01 the controlling Interest .Manhattan and who owns .24 White Cap e of Park Con. in the mine, also dividend-ri.iveVa .14 .15 r. which Is a steady City. Utah, .14 a multlmll- - Confidence Mr. Fox. thoutrh & Norcross .05 Hale In not mining! Mexican llcnaire, Idoes speculate .18 .19 he shares he owns tn mining Ophir Issues. ..... ..... .34 .35 are are as to him beholden ... companies Nevada .27 Sierra .28 in undivided Interests 9 unincorporated Union ... to men of means who are Belmont propertiesInvestors. 5.00 His holdings of Cash Boy .07 strictly .08 262.000 shares of F.mina are represented Uypsy Queen .. .. .02 .03 J He one has . . certificate. neither . . . . by Jim Jiutler 1.00 nor a Kmma sold of share Copbought .24 per stcck in the market. It goes with- Midway .OS lion. P. .09 out saylncr that if the principal stock- Montana Ext .25 holder or Kmma Copper, instead of be- Mlzpah Extension .OS McNainara .07 ing a a man of Mr. Fox's proclivities, as well North Star were .18 operator .19 as a mine operator, such as are the Itescue Hula ..... .46 heads of some of Umatilla ..... ... .02 the shares of which West Und .98 mines, are listed cn the stock exchange and Pitts. Silver Peak .09 .22 curb markets, Kmma Copper would at Nevada Hills .... in Bound Mountain .65 this time beonselling at a valuation a par with that of Je- Big Jim 1.05 1.07i the market rome Verde. To sell at any such price as Jerome Verde, namely, at a valuaNEW YORK CURB. tion of $10,000,000 for the 'prospect Kmma Copper, with its capitalization of The following quotations were re S50.0Q0 shares, would have to sell at ceived over Badger Bros.' private wire: close to $12 a share." M1N NG OPERA T ONS -- & B. iD. cern that Mines company Is a new con- fcr has been gotten In shapeJanfirst of active business since Itthe is incorporated year. uary ofthethis laws of the state of Nevada rider of 2.000,000 shares, with a capitalization a share, and is par value !It cents has been listed on the Hoston curb, the Commonwealth Trust as the transfer company engaged and the Federal Trust company gents a.t registrar. The propertv comprises sixty mining mining claims situated in NorthcnTintic the great Wt.strlct. and is located vhic-travmineral zone south theincluderses the State of Utah from and shore of Great Salt lake to in la Tintic mining district,mineswhich ing of that located the big producing mineral zone, some seven,iistrirt. This mile In length, has produced ty-five more ore and paid more money in divittate. dends than any other in thistwo The propertv consists ofwhich large have groups of mining claims, and the projectors been consolidated, amount of money In f ave spent a large in which quartz fSeveloprnent work and MO to flS in fias struck running feotd. sav one of the directors. are The officers of the company business and mining men of Salt it is the ext.ake City and Tintic. and mines to pay the to develop pectation ere in shipping quantities, beginning worktvork within a shorttotime. Theare sitwagons, are accessible ings a mile nt the power line within line uatednear g of the telephone the nd from Salt Uike City to Tintic. and re some five miles north of Kureka. as-esab- le. . re-bea- rin well-feno- wn run-Un- MIMNG JtllGC I TIIU P.nGrhAK Jfc Sli:i.TI CO. QUAUTKItlW Dividend of the Judge Mining & Snielt- g- per cent, aggregat-nng company of 2t, has $120.00. being dividend N"o. I'Jlfi. to been declared payable July 1. of busiof record at close stockholders ness June Zn. 1916. on which date the transfer books will close, and reopen dn July 1, 1316-ts: w. lambocrnk. - Treasurer. A. A. E. Ctisier ASSAYER AND CHEMIST Formerly Chief !ChrmUt and Ayer, ter. .Mldvale, Uk. niosham Alao four )(rAay vitH V. S. Government t Office, Salt Lake City, Utah. 31 roatotflce Place. Salt Lake City. Vtmh. Phone Wasatch 20-1- 1. DIRECT PRIVATE WIRES. Stocks, Bond. Cotton. Orala. BADGER BROTHERS BROKERS Phone W. 160 Main St. Member wit I.ak lining 916-91- 7. Stock aad i:xrhao. WILL BUY Walker Bros, bank Con. Wngon $212.05 107.53 Utah-Idah- o 20.15 Sugar 96.75 1 5 Cement Securities .60 20 l?ettilyon Home Builders .33 Cent, sugar Discharger. ;a0 !0 10 200 ...... otncEit ntioTiii:rts, ISO tt. Main 5ttret. 180-fo- ' ot . ot If one questions the sincerity and of the determination of the officials Chief Consolidated Mining company in the development of the large tract of mineral ground which has been acquired in the eastern and northern ends of Tintic It Is necessary to make a trip into that only section to be convinced sum of money is to be that an immense to bring into the expended in an effort an entirely new porproductive etage tion of the district, ,saya the Eureka , Reporter. a force of For some little time men has been at work quite there, the work between the workings of beingR. divided G. W. company (now part of the the deand the Chief GOLD-COPPE- mii no cn al 4d inPATcn IN PROMIS NG GROUND diwhich have been submitted to the beto rectors,' and tiiere are reasonsdividend lieve that the next quarterly will not be less than $100,000. The drift from the south end of the which is being driven on the property, 1700 level, has cut some small stringv ers of ore and a little later the will no doubt devote some time to following these leads. The 1700 drift is the one which Walter and Fitch, in Is driving under contract Jr., which such splendid progress is being made. This drift will eventually connect with' that part of the Iron Blossom property In which the new copthe per deposit is located, cutting below copper ore a few hundred feet the point where the work'ls now under General Manager Jackson C. of a definite nature It is under-ifoo- d returned yesterday afternoon where he has been inamong mining men of Tintic that from Tintic, the Gemini, Ridge & Valley specting transthere is a deal pending for the and Godlva. He reports the mines in fer of the property of the Grand excellent physical condition, but the is hurt by men having been company to one of the camp out of work on account of the thrown of the state, ore restrictions large smelting companies orders from the K"s the Eureka Reporter. Humors smelters, rteports are that the Mammoth will receive $9000 from three to the sale of this mine cars lrtainlng of ore. Relative to particulars, have been in circulation for a number the camp paper says that the shipment o years and It may be that the deal of ore was resumed at the Gemini on Monday of this week, which is pending will not bo carried property two weeks dt underground work nearly an accident through, but nevertheless thrre Is no being lost as a result of the cage and cable. Not more than ijoubt rome foundation for the report ato week's would have been rethat the owners of the Grand Central quired for time the repairs, but the manRave given an option on their stock. agement took advantage of the shutat improvements There are Immense deposits of the down to makethesome the to and shaft of collar the put lower grade ore In the Grand Central finishing touches to a new loading stafn addition to the large bodies of the tion which will greatly facilitate the present heavy handling cf the lugher grade ore and the mine would , no doubt be a valuable asset to any of A short time azo a railroad spur was tfte large smelting companies. constructed to the Gemini mine and The Grand Central property is con- this spur, together with the new loadwill make it possible for station, trolled by C. n. Ivoose of Provo. who ing over the Rio Grande to mine the ship If the owns the bulk of the stock, and as as railroad. The Salt well the In the distance that the oreLake does not chancre hands be trammed must foperty of the Is materially reduced by loading on future thrre is a likelihood company erecting a mill for the treat-rjr;- the new railroad spur. grade A.ore.W. I.ar?on. Everything Is now moving along In - llirlnt the lower ami nice shape In the underground work Mclntyre T'lio have a ieasA on the property of ings of the Gemini and a large amount fhe Victor Consolidated company at of work is also being done through about the company's shaft for the benefit of Mammoth, have already moved the Ridge & Vallev and tho newly orcarloads of low grade ore Itwhich etght sorted will ganized Kureka Mines company. from the dump and they r.'.j doubt be possible to secure several I'lutus to Start. more cars of the fame class of ore. It Is It stated good authority that H the copper that makes this dump ore work Is to b on taken up at the prophi value and were tt not for the high company and erty of the I'lutusareMining metal the ore could not that to be carried on rric of the red operations at a profit. Consolidated tho Chief either through Satisfactory returns were received the IJagle & Blue Hell shaft. fVm the first shipment of dump ore orGeneral David Kvans of Consolidated property the I'lutus Manager the Utah fr'm In Tintic this was company ent ore bee will and another lot of and home in California his from week to the smelter within the next few ho anxious Is is It that stated un-quite r days. The dump is being handled to commence work. being of the lease but the. company's force, opinion that the expediture of a few Al of under the supervision workingis will place the propthousand a In some Moore, prospecting Utah erty in thedollars doing of list regular shippers. the of very likely At a meeting of the Plutus directors, rronert v. looking part held in Provo during the early part Another carload shipment of ore has of the week, Hopes and McCabbe of the! Kureka been delivered at the smelter fromcom were granted a lease on the & K. Silver Mining Milling j. old of the Plutus. workings at pany's pronerty. located It hasIndian IiloNMom. Iron been svprincs In Tooele county. Information which was given out at settled for on-a basis of 1SS ounces of The shipment weighed a meeting of the Iron Blossom direcsiHtr to the ton.forty-four tons, tors, held on Monday of this week, approximately Due to the large amount of supplies shows that the mine's earnings for the to the prop- month of May were In excess of that are being hauled ore The mine Is In unusually fine have been of the shipments erty are somo but condition, to according to . the reports being extent, Impede! . The out management erit regularly. is confronted with the ptoblem of seteams to haul the curing sufficient ore. DIG BILL' OF NEVADA 'rteports received from the propany-tilin- $40,000 A MONTH NEW UTAH SAWTOOTH, CHEF PUSHING WORK CARS OF ORE, WHILE SOME COMPANIES ARE ft IV SANTAQUIN KING AND $3000 iituu GOLD AND What appeared to be a reliable reof an gold strike down port in in Millard important county was inreported which was these columns May 30, told of a lively little rush from Oasis, Deseret and other neighboring towns of following the bringing into Oasisand extremely rich samples by Lloyd Call Cropper. William W. Moody, one of theYesterday best known prospectors and mining men in southern Utah, was in Salt the Lake. He had Just returned fromsamSawtooth district and brought ples of the richof rock. He confirmed the importance the first reports. He is unqualified in his opinion that if mining is thorough and systematic done down there on the Sawtooth mountains tnat not only gold mines should be discovered, but that an ime copper camp is portant within the range of possibilities. A rush was made a month ago .and many have been located. groups new Thee sawtooth district is located forty-fivto fifty miles southwest from Oasis on the Salt Lake Route. It is about hlrty miles north of the Beaver county1 line anda probably fifty miles east of the state line. Mr. Moody says that the district is made up largely of a formation of rhyolite, and limestone. The values have granite been found principally on the contacts. Fair samples of the ore carry 20 per cent copper, $12 to $15 in and 30 ounces silver to the ton.gold Specimen a fourth to a half in gold. samples carryseem The veins to be contacts, with all the copper carrying well in gold. The mother lode outcrops prominently the Sawtooth district for more through than 2000 feet. This and all adjacent has been up. There ground seems to be a fold,grabbed and then the main strike of the vein system changes from northwest-southeato southwest-northeas- t. The copper ore shows red and black oxides, which assay up to 40 per cent, while there are azurites of good shipping values. There is more or less high-grad- Utah-Nevad- st UTAH COPPER REACH MAY Manasrine Director D. C. .Tacklinc nnH General Manager R. C. Gemmell spent at the Utah Copper at Bing yesterday ham and at the mills near Garfield. It is understood that the new expendi tures of the company, $2,250,000, having been set aside mainly for the purpose of Increasing the present husre ca pacity of the mine and mill. The mills at first treated about 10,000 tons; then were raised to 20,000; later more they than 30,000 tons were treated in twenty-four hours, and now with the new it is leaching plant under constructioneventthe capacity will that predicted be Increased to not less than uallytons of crude ore Even at that rate It is estimateddaily. the Utah that Copper will still have thirty to fifty years of life. The production of tho company last month was 15,904,000 pounds of copper. That cut within 100,000 pounds of the company's record month, which was Oc tober, 1915, when 16,004,607 pounds were who produced, it is stated by those are keeping pretty close tab on Utah Copper operations that the present month, if it maintains its present proexceed 17,000,000 pounds duction, should in June and score another record. Productions by the Utah Copper as far back as 1913 were as follows: January February March .'. . 00 i i copper gold tury. Samples vafloat have been picked up there at and cowboys rious times by enthused now the ledge sheepherders. But until had not been discovered.a However, now it Is thought that permanent may vein system has been found which proin time develop into an important ducing camp. those who haveCalltaken up Amongare Cropper. claims Lloyd and located a group of eighteen They have W. claims with a good showing. of W. claims Moody has located a number D. J. near the heart of the district. Black and Peter Black have located two groups cf claims. They represent two crowds of seven each of Virginia, At a camp called Painter Springs, on the west side of the Sawtooth mounof scheelite and copper tains, samplesfound. In the vicinity have been have Messrs. Conk and Schellenberger more been developing a property forout ore vear. They have taken than aruns $250 and up. that high in agold, to destarted new tunnel They have the ore shoot velop at greater depth which yielded high values up the hill. In that district there is lime, quartzite, five shale and granite. This Is about Sawmiles north of the heart of the tooth district. NA L EXTENSION IS ORGANIZED Dr. L. G. Wheeler of Wlnnemucca, Nev., Is in Salt Lake City, organizing the National Extension Gold Mining company on a group of four claims which immediately adjoins the National mine, at Natonal. Nev., the property which has produced many millions of the highest grade gold ore the state of Nevada has ever known. The company will bo Incorporated for 1,00000 shares and will be contributed to the be sold for development to treasury block of stock of first the purposes, 100,000 shareswill be offered directly. This promising ground has 2100 feet on two fissures and considerable develtunnel and drifts. opment, consisting of "At present," says Dr. Wheeler, "there is every evidence of the near approach of the high grade so typical In the National mine in both faces in the drifts which have been driven 125 feet and 225 feet respectively, the iron and black talc being present in quantities and these indications, the sure forerunner of the high grade in the adjoining famous property." Associated with Dr. Wrheeler in the are A. B. promotionof of the company and the Mining Review ConGreeson Charles E. Miller of the Phoenix struction company. one-ha- lf 1915 8,009,646 8,202,467 10,203,882 12,015,148 14,053,765 14,730,912 14,641,009 15,966,543 14,159,289 16,004,607 13,722.723 14.197.1S5 1914 10,649,036 9,492,898 12,704,220 13,133.779 13,616,993 13,268,106 13,768,958 8,245,520 6,672,194 6,765,396 6,668,049 6,795,567 1913 7,560,521 7,819,900 8,504,040 9,834,894 10,312,695 11,637,949 9,849,043 10,620,981 '1L817.428 10,236,575 11,121,078 10,762.490 manganese can-yo- April holdings) ...15,904,000 May .... on side of the the .... opposite posits Before starting work in that sec- June . . tion the Chief Cons, people erected Julv August a installed compressor buildings and and now they have everything Sentember plant in readiness for the installation of a October new driven hoist which is November to be electrically used in sinking a big double com- December shaft near Homansville. For partment some time the work of grading out for this shaft has been under way and durL MOUNTAIN IS KING DAVID CUTS A ing the week the new machinery arrived. Within the next month or six weeks it is thought that three or four of the North Tintic properties will be usln LEVEL FISSURE ON ACTIVE MINE CENTER In their operations. For electricity some little time the Selma has been us ing electricity in the operation of the hoist and compressor and It is under and the stood that both the Dave Skenke of the King Da Crater mine in the vicinity of vidSupt. Eureka King companies have placed or theOld of Beaver county has written to of erectIs mine Star rapidly Antelope ders for electrically operated machln ficials of the company that the north ery. The Eureka King people will in- ing necessary 'buildings and equipment drift on the S00 level is now out 275 stall a shaft and they will need power and intends to push operations. It is feet and has cut the contact. This is for both the hoist and the compressor, understood that the showing is all that a contact between the porphyry and At the Lehi Tintic ground all of the and is said to be well.' min be desired, says the Beaver Coun- limestone work is being handled througrh the long could He writes also that the south eralized. ty News. anil this company win tunnels is out 175 feet. This has cut a The Antelope Star officials have com- drift a new compressor which will purchase make it He writes. fissure. "It looks good,"-htheir new cookhouse and dining on men more this he has possible to carry on the work with pleted that says put expects to in order to hasten developments, as it quarters.firstThecarcompany much greater speed. of ore In a few days. is ship its Another electric hoist will be located Each so promising. week's progress shows increased on the new shaft which the Chief Con a for splendid producer. solldated people have arranged to sink prospects HUTTON'S OPINIONS The East Antelope Star Mining comnear Homansville. The been ON MARKETS EASTERN just east of incorporated. The scarcity of water makes elec- pany has lies the Antelope Star property the ideal kind of power for mine and tricity and lead of a rich has very showing work in North Tintic. e (By Badger Bros. Private Wire.) copper, the former metal B. F. Flelner of Eureka will leave New York, June 17. We have Imwork 41 cent. Development per running so far over $61,000,000 gold. This today for his mining property In the will be rapidly ported begun and West Tintic district and states that he has already is the basis for $500,000,000 of new Ante-lop- s of East the officers The now has a shipment of ore pushed. D. A. business. Gold imports started the last are as follows: President, sacked and ready for hauling to the MpLease; and will be a factor in the bull C. A. vice Nebeker; president, railroad. This ore will no doubt be sent secretary, H. Giers: treasurer, L. D. next. market are disturbing conditions; There out within the next few weeks as ar- Brooks; directors, J. Matheson, John the labor situation is one, but it is so the rangements have been made ' to haul It Chase, Sam Cline and the foregoing of- big and theso position assumed by will that to the railroad at Sugarville. radical they employees ficers. Mr. Flelner states that his their endeavors by creating, be the only de- frustrate What is thought touncovered known as the Blaine ground,propertyj as they are, public opinion against is re-- 1 posit in this of yet tungsten to development work county was discovered a few weeks them. Intervention in Mexico seems nicely sponding he has a good and There are a certain numthat showing of ore of Milford, Her- near at hand. ones by four residents who keep cut of the in two or three places. Work is being ago timid ber of Boy-te- r James Lewis. Nichols, Myron we concarried on through the main tunnel', bertand The find was market on account of this. "Tobe" Kessler. from which a winze is now being sunk. made at a point on the south fork of j strue it as being bullish. Timid holders hora hpon sfllinf their stocks. Even There Is considerable ore In this winze were enthusi astic hi hAlmen withloner and another nice bunch of ore is being I,"11" "":V. profits who side a few days ago are show- srtifor the a short distance above the Aca:o rnmc developed in a bear martunnel level. that we are make the now talking cent tungsten, which, even atmean If ket. up their "Jake" Turner, who is directing thev per enough people would market price, depreciated mind that we are in a bear market, we of the Desert Mines development $2000 per ton. Indications point are about sure to have a bull market. It ale West Tintic district, is in to a rich deposit of stuff. LBid. Ask. town of the and out that way when condie states n ways that today everything reports level in the tions works t.i .45 .55 is moving on the constructive side. are a very satisfactory in on along ore the silver 12.50 13.50 manner. In the neighborhood of 200 east drift. Bingham Mines show 30 ounces sil- Hutton. Samples .04 Cottonwood .06 ore been mined at has tons of the this cent 42 proplead. ver and per .. ..... 2.50 2.75 erty and within the next week or two Coppermines toAlthough have a big GREAT DIVIDE MINES appears Davis Daly 1.25 1.75 some of this ore will no doubt be hauled zinc ore, it is probody of TO REDUCE CAPITAL Fraction .05 .07 to the railroad. e shipdiscontinue to posed Emma t. .50 .56 e Mr. Turner in the ments and ship only the with Associated Goldfield Con .88 .90 Stockholders of the Great Divide of this ground are a num- stuff, which is averaging over 30 per Iron Blossom 2.00 ownership l.S7i Mines company are in receipt from SeSalt of ber zinc. Lakers, cent prominent Including Jumbo Kxtenslon .83 .85 who only a few weeks ago cretary E. D. Haskins of a notice of a Mason Valley 2.50 3.50 Mont Ferry, held July 8, at in of a an meeting to be matters special couple days spent making GO Montana Tonopah .. WILL .27 .30 inspection of the claims. HIGHER, SILVER will be which the following ... Extension .23 .25 Mlspah OPINION consideration: for JACKLING'S C. D. up Mr. conIs brought Turner that there says Nevada Hills .20 .23 siderable mining work under way in the "A proposition to reduce the capiNorth Star .17 .19 West Tintic and Erickson districts ana stock of the company to $100,000, tal future and to the Relative present C. Ohio Copper ... .12 .25 that local merchants are or such other sum as may be determdeD. Col. to ... metal situation, Jackling goingas .25 .31 Stwart the ined by the meeting. The question of the benefit of this work what "I can't tell of said yesterday: all 3.75 3.87J rive Hay Hercules no doubt be purchased metal situation will be beyond the bal- a proposed bond issue by the company supplies will 6.12J 6.374 the Tonopah Extension .. One that in such sum as may be authorized or S 7 J in Eureka. . 5 thing that is going to ance of this year. It is something 5.75 Tonopah determined upon for the purpose of to the disadvantage of Eureka busi- nobody knows. I expect that the cop.1)5 1.00 be West End to pay off the company's some men is for ness bethe be will poor raising funds furnish wagon road market strong .45 .55 Wasatch per a working capihas metal Tintic of Junction tween the and obligations, the Most come. Rockwill to 96.00 9C.50 time Utah Security Notes corporate purposes 4.00 4.12 ranch and a movement is now under been sold in large lots to the end of tal and for other United Eastern to amend the articles of needed improvements. the vear and there has been a small A proposition so way toaremake as to make the capnot always satisfied to trav- demand that is absorbing all the small incorporationof People MINING NOTES the company assessable. el to and from these mining properties stocks. I believe that the price of ital stock to sell all of the propby team and the wagon road shod be silver will rule higher than it has for A proposition Michigan-Uta- h made suitable for automobiles. It is years and' other metals will be in pro- erty and assets of this company to v. that theore It is reported in the Cop-n- not necessary to make an expensive portion. The war situation is variable new company either for cash or for has opened more lead roadbed but the rough places should and for that reason there are the fluc- stock in such new company, or partly Prince tunnel. Bar silver in London yesterday was most certainly be put in better partly for stock of said tuations that are seen from time to for cash and SOJd per ounce. time." proposed new company. m ' u. i 1NERA . Encouraging reports come from the Shipments were temporarily suspended because of necessary repair work, but this is now complete, and Supt. P. P. Harrington has the level cleaned out and shipments will be resumed within the next few days. The ore showings are as strong as ever, is the report from camp. . At the old Daly. John Thomson ia pushing developments and, taking out a grade of ore that runs high in values and adding a surplus to the treasury every month. There are some forty leasers in different parts of this old dividend payer that are better than wages. Last week making the new elecwas tric compressor installed. At the Keystone preparations are. going forward fdr the installation de-of electric machinery with which to velop the property on a large scale. Considerable surface work Is planned and in a short time a large force of men will be employed both on top and underground.the Frank Kane, masterbemechanic of in Daly West, will charge. D. John Fisher, who has a lease on the Naildriver, intended to commence work this week. On going up to the property he found the shaft filled with surface water, whichpartly will active operations perhaps for delay two weeks. He is of the opinion that the shaft will be dewatered by the end of next week. Charles Moore, the veteran creek has a new mill jigger, completed down on thejust below town close to flat the Homer ranch. It is equipped with the latest machinery for the working of the tailings of that section, and will handle seventy-fiv- e tons of dirt a day. The Broadwater people, the Big Four, the Beerers. the Moore and other smaller jigging plants, are turninto money sands that for decades ing were considered worthless. Thursday of last week a trans: of electricians in charge of George Za DrisKi or the Utah Power & Light company, left for Big Cottonwood district to install power at the Cottonwood Consolidated properties. Silver Klnjc Con. Big things are beiner done bv the Silver Kiner Consolidated below "town. A large force of men is employed at the old Grasselli mill, remodeling it to meet the requirements necessary for ir.e reduction or the company s ores; another gang of workmen is busv at the portal of the proposed long tun nel mat win cut the ore bodies at greater depth, and still another force of workmen is busilv eneraered In the erection of towers and preparing for me construction or the aerial tramway that will convey the ores from the mine to the mill and carrv coal and supplies from this end to the mine. The tunnel now under way will undoubtedly open new ore bodies in the King'stheholdings and is expected to Thaynes canyon district into bring its own and give many additional life. of years L. R. a business man of Forest City,Perry, and one of the principal la., owners of the Iowa Copper property on Scott Hill, at tire head of Thaynes canyon, in company with Dave Scott, On account of visited the the showing ground. and possibilities there he has decided to make an endeavor to put it on a basis that will assure its development. of the Monday afternoon a board of directors met majority and decided to increase its capital stock from 500,000 to 1,000,000 shares, 200,000 of which will go to the owners of the pronerty, 100.000 to the present leasers who have been working through the tunnel for the past two years, and 0 shares will go into the treasury, 300,000 of which will be put up for sale, the proceeds to be used for dethe inpurposes and to velopment debtedness of the company. pav The first work will be the sinking development of a shaft. There is a good showing r ore. but because, of of copper-silvea. lack of means and the fear of enwater no effort was made countering to get and what development been done has been by tunwork hasdepth, nel. During the summer this property will be listed on the Salt Lake Stock exchange. e ExtenWord from the sion is that conditions In the face of the tunnel are promising and those In of the work feel that before charge summer is over there will be some the ore developed. Before the first of July machinery will be on its war to the, property, and when installed will facilitate the work of developgreatly ment. New Quincy. nieh Float Enthused. disThat there was a possiblehasmining been intrict in western Millard dicated for the past quarter of a cen.and of rich 1916. 700,-00- -- Daly-Judg- 800 BUY ........ Daly-Judg- e ....... et our-leadin- g metal-produci- ng lead-silv- er CAUSES OF SILVER'S DROP DURING PAST FEW WEEKS Bullion dealers held China responsible for yesterday's severe br"ak in bar silver, says the Boston Transcript. lowering of the London Following a in dealers this country quoted 623 price, cents an ounce, a decline of 3j cents ralfrom Thursday. Today the price lied to 63 i cents per ounce. Yestera tcp day's low price compares with level of 77J cents, reached on May 3, and attain on May 12. this representing the, has touched pointof silver sincehighest the boom the early nineties. The current decline has been about as as the advance of a few weeks rapid aso. On May 22 silver fell from 751 to 7H cent?, and since then has been gradoff. While large shipually ments easing In the of the metal to London recent pa-ihave undoubtedly had an effect in depressing prices, important the trade is attributing the latest drop to speculative rates of Chinese speculators at Shanghai. The reason for the is not selling clear, although In some iuarters quite it is associated with tho crisis in China. India. has political ulsa been enoourasred to sell bv the uf the Shaniika.i speculators. . t at-tit- utl - iiJf-J.,J- w6h i-, Corporation Stock Before the Big Advance Has paid dividends of 25 per cent for past two years. Next dividend payable in July. Stock will be listed on or before July 1. NOW SELLING AT PAR SI Per Share A. John Hays Hammond Property PROSPECTUS OS BEQUEST. J. F. AUSTIN & CO. 535 Dime Bank Bldg., Detroit. F. N. PLAIN & CO. 20tl Century Illdg., Chicago, 111. high-grad- high-grad- 300-fo- Cedar-Talism- ot an low-gra- de low-grad- high-grad- or - Fines com-pan- Cedar-Talisma- 1 'acific high-grad- i stock-mark- MOVEMENTS; DALY. KEYSTONE WORK CENT COPPER ' .11,999,910 . .11,849.972 . .12,714,651 . . .14,557,282 .. SHOWS e GOLD PRODUCTIONS . 40 PER NAT1 40,-0- Q i all along the contact veins. The elevation of the country is thought to be 8000 to 9000 feet. The canyons are full of streams of excellent water, while the mountain benches aresizepar--toj with red pine of tially covered answer for all preliminary mining opan erations. Sawtooth can be made are Ideal camp. Black Rock and Oasis on the main the closest railroad points line, while Newhouse on the beMilford nearbranch, as the crow flies, may er, but the.rpad is probably blocked by intervening mountains. high-grad- 40,000 TONS DAY; RECENT tQT fUMM flAQ uiiiiilui uumunoiu HULLO OU $300 NEW OOINCY REPORT CAMP R HAVE AN OFFICE OF YOUR OWN It gives you that individuality that, man needs to be success-a business ful. An office is just as necessaryf as good clothes in making an ap- pearance before others. HIGH RENT NOT NECESSARY $6 to $10 a month will rent you a comfortable office In the heart of the business district, 'with elevator service and other mQdern conveniences, in the ATLAS BLOCK (Next totheOrpheum Theatre.) room building, SOU. Thone Wasatch Of Tice of 411. i " |