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Show Near- - liver Vein Struck in s' Previously Portion f Undeveloped of Territory. Tribaa. Special to Th BROKEN HILL, Ner., July 4. Official announcement ha been mad by Arthur chief of .Perry Thompson, geologist .and Hills Silthe mining staff of tha Broken ver corporation, that a new rein of ore, assaying, 41 ounces In silver and 44 per cent lead per ton, has been opened up in at a point 600 feet southa east of the main Broken Hills shaft and big fully that distance from the companysbeen silver ore body, which has already from 168 end feet of to a developed depth which ore averaging 122 ounces in silver per ton now being sacked. Mr. Thompson states that the Importance of the new And will be understood when It is known that the new leadrstlver vein occurs in a previously totally undeveloped portion of the Broken Hills Silver corporation's ground. The new rich vein outcrops at the surface at only one point, about 460 feet southeast of tbs Broken ills shaft. It trends east and west, and, according to Mr. Thompson, belongs to a different system from the richly -mtamraUsed1 'Broken Hills vain sys1 tem. A pew shaft known as the Belmont has discovered en the started newly been, rich vein. The shaft Is already down twenty feet. The vein Is four feet wide. ore follows along the The rich ' footwsIL v Mr.- - Thompson states that three shifts of miners will be put "to work Immediately retlmberlng the main shaft In order expedite development operations there. The bottom of the main "shaft at ths level Is in high-grasulphide ore. Mr. Thompson says that a strong, false was found forming one wait hanging-wa- ll of the shaft. Two additional feet of high-graore has been opened up on this hanging-wa- ll where holes have been broken through It on- ths level. The shaft will continue down on the vein following the ore. At Intervals of 100 feet drifts win hs run to ths north and south to block out this ors body, from g which slyeady more than 400 tons, better than 120 ounces of silver per ton, have been shipped to the Western Ore Purchasing company It Is stated by Mr. Thompson that a single miner Is now sacking enough high-grasilver ore dally from the main workings to pay for all ths labor expenses of the company. A sample of the sacked ore on the dump just taken gives returns or 22J ounces of silver and 0 per cent lead. or a total vaiua of $232 per ton. The Utah, Nevada and Idaho Telephone company states officially, through Hugh I Thomas, supsrintendent, that It will extend Immediately Ite telephone line frpm a convenient point near the old camp of Falrvlew to Broken Hills, an estimated distance of fifteen miles. Ths Cracker Jack claim of the Broken HUls Silver corporation has been laid aside as a townslts for ths new town of Broken Hills. Eighty-fostreets end forty-foalleys have been curves ed and laid out along the length of the claim, and the town is rapidly being built up along these thoroughfares. About twsnty-flv- a frame buildings and tents hare already been erected on the town lots. These Include the new hotel, ths bakery, assay nfflee, two grocery stores and several ho usee for sleeping quartera s - croas-flesu- Oliver Smith & Co. In "A Touch inTlme Feature photoplay DORIS KENYON In re The Harvest Moon Matinees 2&c, 60c lng mine in going to and from their work when the Beck shaft eras entirely out of oommlaslon. Considerable or Is new piled up in the underground working of the Beek and w oen expect a much heavier tonnage than usual Just as soon as th Job of repairing th abaft U computed, 1 n, 'O lead-silv- 1 er 150-fo- ot 150-fo- ot aver-agin- de ot ot -- WEST END CLUB FORMED, BUHL, Idaho, July 4. A club to be known as the West End oiub has b formed here, for the purpose of the lntert of Buhl and the furthering west end f the Twin Feiie tract In particular About fifty cltiacne have affiliated with the efub. W, fi. Green le permanent chairman nd J. j. Boyd, eeoretary. OUR REPUTATION , IS WIDESPREAD Deal with a firm whose work and whose standing do not require explanations. Daring June eur business originated in the following states: Arizona Oklahoma Oregon Texas California Colorado' Idaho Utah Kansas Wyoming 28th Year t . AS3AYERS and CHEMISTS Business Representatives for Or Shippers, Send for Out SHIPPERS7 SERVICE Letter. 169 Sal West Tempi Salt Labs fr THEORETICAL BUSINESS INDEX Mass of Trading During Past Week Reflected Surface Conditions CauSed by Pools and June Production of 100 Were Without Real Significance. ; Can Good Considering , -- By W, 8. COUSINA Editor Kationai Acceptance journal EW YORK, July 4. Theoretically, market, much ef th real movement ha reflect been beneath th surface. On th face stock market movement Of conditions In th cotton market, concurrent activities In the commercial field, throughout the country, trol aeoma to be eeour in th hands of and, theoretically, the gist of stock th bearish element - Weather In th movement forms a falthful barometer of southern growing region has been debuelneae condition. Throughout the past cidedly favorable for tbo Bow crop over week this theory worked'mor or less tnco th beginning of Juno, ond much of consistently In regard to the railroad tho weakness which was caused by the stocks and copper stocks, but the great unusually inclamont weather conditions mass of miscellaneous stack movements during May has boon overcome This ia being proved by tho eteady imreflected merely surface conditions caused by pool operations and therefor bore no provement shown in private condition re reef significance. which are showing advances rang-During the early days of this week the jxta par cant la their Juno state-monmarket experienced some difficulty In aa compared with their May reshowreserve bank's digesting the federal ing. The reduction of 1222,000,000 in rein tho basis markets affair have discounts which occurred in the reserve shown little Improvement, but at all statement two weeks ego, as a result ef events eaanot be mid to have lost the June IS tax payment turnover, as wall further ground. Tho steel and coal any as the money tightness attendant upon are masting wtth extreme diffithe retirement of treasury debt certificulties In securing transportacates was at first hailed aa a sign of at tion facilities. Theadequate same situation apleast partial success In the campaign to- plies equally te almost every Industry ia ward reducing inflation by restricting tho country, One cause for tho Improvement In rati credits. Last Saturday's reserve statement stock noted above Use In tho probabilshowed an Increaae of 1X16,000,400, which. ity of favorable action In the matter of to tome ax tent, served to nullify the Im- a rate increase about August 6, at which pression made by the previous reduction, time a decision Is from th In tilowevar, experience has taught that fol- terstate oommerco expected commission, although lowing a period of stringency, such as It la not bellovod that ths full amount of the June IS turnover, the reserve state- the Increase asked for will bo granted. ment will show a backawlng in the volIn order to analyse ume of discounts. Remains Tight. this statement carefully it would seem Money All commodities have been feeling the the proper, thing to average the two extreme money tightness, and no relief weeks together, which In this case would show an aotual reduction of (24, 000, 000 In from this la expected until after the July has boon, completed. money turnover the volume of rediscounts. With that out of tho way, there should A development which I exerting con siderable Influence In the financial and ba fairly dear sailing until tha crop world today Is the practical Start moving, but meantime markets, and of the silver market by the particularly tho stock market, are with tho usual prebellday atmostilled males government. The united deState mint Is buying domestio sliver at phere. to Most of the exchanges eelobrato Raturday a wen as cided ala flat rate of II per ounce, and has ready bought 6,000,000 ounces out of a total Monday, thug affording to members and of 207,000.000 which It must purchase UD- -, employee a thr-d- y holiday. No move Of consequence la looked for until the dee the provisions of th Pittman law. holiday season hae passed. Call money rates have boon staying Silver Breaks Sharply, around the I per cent level on tho Now At a conservative estimate the preduo-tlo- n York stock exchange during most of th of American silver for the next forty- - week and this has played an Important two months will be protected by the part In holding bull down. operator United States government by this method Sentiment in th atock market 1 against Before the first said was put through by any sort of an upward swing until th the government the sliver market had midyear payments are out ef th way broken badly. Pressure en the silver mar Government withdrawal have been ket, as well ae overproduction, had caused rather heavy and this factor baa cona Slow but steady decline from tha record tributed to the money tightness, but It high levels attained earlier In the year, I probable that withdrawal of thl nauntil the market wag hovering a few cents ture will aeon decline The technical poabove a dollar. sition of th market I strong, and while At this point speculators abroad began the long side has held off from any demto offer their stocks on the market, which onstration of strength, many of the prowee practically devoid of any sort of supfessional meves during th week have port because of the fact that "the usual been based on entrapment of smell short silver consumers In the Far East are Intsresta who have boon unablo to Silver broke eharply from 61 out. At no time during tho week buy has down to 62 cents and held that level, with short soiling boon profitable operation a few scattering rallies, until the United on th special tax payFull return States government made its first move. ments due July I have not as yet been At the present time foreign silver Is being but it Is expected that proceeds effered at 02 cents, with bar silver in reported, of thee special taxes will amount ts London weak In the neighborhood of 62 Hd, about 6176.000.804 In tha New York dises compared with its high level of Itlid, trict alone. taxes These Include special reached on February 11. the 660 tax on brokers tn addition to tha added tax ef 6104 In th event that said Cotton Is Bearish. broker I a member of an exchange The foreign exchange market, as well ss where seat ar valued in excess of the market for foreign bond, has been 62000. Pawnbrokers pay 1100, theater rather quiet during tha waek. Starling, seat taxes, peol room and bowling alley marks, the Latin exchangea Including taxes, shooting gallery, riding academy, French and Belgian franca, Italian lire pleasure boat and In fact all of th odds and Spanish pesetas, have been moving and ends ef taxes not Included in other rather erratically. About the only feature lists are gathered together tn this special worthy of special mention in this Jess ia tax collection. Considerable Interest Is taken In the the recant show of strength made by the Belgian securities. Belgian franca have fight to fere deflation measures now been fairly atrong. but tha outatandlng being waged by many of th hanks. Thia feature has been the exceptional strength movement ran Into a solid wall when 4 It encountered th railroad situation, but manifested by the Belgian government Per cent notea, due 1021, which sold up at tha same time the transportation tie-u- p from 66 to 9814 cents in the open market aided the program to some extent. Th commodity markets have been However, th original plana of th demore interesting, especially raw and fin- flation group embraced th curtailment ished cotton goods. In th raw cotton of all save essential Industry with a view toward forcing production in essential Industry to a point where consumption needs might be met. Now that th railroad situation shows soma signs of clearing up, It may ba neoessary for th bank to start all ever again on their deflation fight gnd go over th first etops. Including the first restrictive te per-vo-d- ad SPEND YOUR VACATION AT Ideal Beach movement en credit. STYLES AND PRICES. In Japan th aam styles have obtained for 2600 years, which is one reason Japan hasnt complained of tho coat of living in 2494 years. Buffalo News. ON-- Beautiful-BeClimat ar A REAL WAIKIKI . Lake Refreshing, BOATING BATHING DANCING-TEN- ' NIS An ideal place to drive from ? . First-Cla- ss BONDS Invigorating In Hottest Season, Cool, and ether nd the summer, and only a five-hot Lake over a' most scenic ronte. Accommodations- "Cafe S&rvice Unexcelled lIVESTtlEH ur Writp IDEAL BEACH AMUSEMENT CO. SEC3SITIES J. A. I10GLE for information,' H4 Mein 6b, SALT LAKE a as A Contractor's Money bur Wflctent equipment, and certain result from ta. 2: te 14S :: Plerpont Aye Salt Lake City, Uteh ! Eoelss Bldg. OGDEN Tsl. US STORE SPACE Labor Shortage Handicap The Tintle Standard mine closed th month of June with a total of 140 carloads of ora to Its credit, according to Super intendent John Weaterdahi, says th Eureka Reporter. Mr. Weaterdahi says thatacareity of labor Is holding or piroduecarloads tlon down to atjout twenty-foa week, and that at the present time th mine could very easily use 100 more men. An output of 100 carloads per month la. nsvertheless, a pretty respectable tonnage, and with th Tintle Standard It means extensive profit as th ore Is ef splendid grad. A part ef the Standard's output Is new being taken from the mine's deepest level, the 1460, where th large ere deposits were opened only a short time back. This level promisee te become on ef th most Important at th mine, and already preliminary preparations are being made for following the or below this point. Th or will be followed with a wins and developed to a considerable extent before th main shaft Is deepened. In th south end of the Tintle Standard ground three headings ar being driven, Teven and on on th two on th 1004. One Of th drifts on tho 1300 Is being s.nt over toward the big stop, for ventilation purposes, frlncl pally It should develop ere before reaching th point at which mining operations ar under U(ay. About 1244 fee t of work remains te be done before th connection will be made. Reports from the elt of the Tintle Standard's new milt indicate that satisfactory progress ia being made Moat ef th excavating has been finished and the concrete work will soon b taken up. The coarse material for th concrete will be taken from th company's mine and crushed after It It delivered at the mill. Electric power is now available for all ef the construction work at the mill am th tramway, used In lifting material te points where it U needed on th mountain side., will ba a great help in speeding up th work on th plant. It la generally understood that efforts ar being mad to complete th first unit of the mil), having a capacity of not leas than 150 tone, by th early fall. Eventually th mill may he enlarged to handle (04 or 400 tons sally. EL J. Raddata th president of ths Eureka Standard, Is authority for tho state, meiit that his oompany baa purchased th claims of the Bouth Lily, end consequently owns an unusually large tract of mineral land to the south of tha Tintto Standard nd to the east of the Iron King claim. Mr. Raddats and associates also own th Bouth Btandard property, which Is still farther to th south, end ti is understood that their first work to tho south of th Tintto Btandard will he on the claims of the Bouth Btandard. Already a pip tin has been Installed and preparation ar being made for a development campaign, although th date on which this work I to start has not yet been set, ur 1204-fo- ot 4a) Fresh extra aroamery better la esbea..60.68 Freeh extra creamery better is esrtoes.. .64)4 Freeh tints creamery hatter, parchment prints . Fresh tints eteamary bettar la aarteas .6416 .46 Cooking better tabs) .812-Krach ef fa cream .44 Full akaeaa, triplets Toons America toll cream ebaeat ta64 sit 04-l- Uk Own wlM ekowo krtek ckt V4 4t 0 M well-play- ed HEARD IN THE LIBRARY. Chief Muffler Why don't you Stop Iking when I look at you? "Lady, I ain't 0 dock, - goal per. Ever-Cheerf- ul Uasino The Most for tho Least Always th Best. WHY PAY MORE! ufttli in Many a Day.? too, aftgy asetn Shewing In connection with snappy UNIVERSAL COMEDY NEWS and INTERNATIONAL NIOBE HOMER LIND & CO. in THE SINGING TEACHER VIVIAN RICH in A WORLD OF FOLLY TODAY AND TOMORROW 60. Shows begin 11:14, 12 60, 4 IQ, 6 60, 7.24, 4.14 Id Evangeline Weekday 11. Ev. NOW PLAYING Rost Flotur Youll say so, BROADWAY HOLIDAY TODAY-SPEC- IAL BILL supported by Uoyd Hughea Onto Ml Darmoud, Goorg Wsbb M cast in , Belov; the Surface Door, TbeVillow Tree , Guesn of tho Aquarium Hobart Bosworth way laid bar by VIOLA DANA In Thm llor Days Th LASCA99 lux special picture, turing two stars i FRANK MAYO and 00M3G OABTOOM Tha Usual Good IguMo On the High Seat Sensational, thrilling, spectacular FIVE OTHER BIO FEATURES Thro shows dally 8:45, 7:20, 4:16 Bummer price Nights, 40o, tOe Matinees Adults, 26c; Children under 18, ISo fea- A big d better than Behind tha It la not o gruesome. NOTICE. EDITH ROBERTE WM. DUNCAN In THE SILENT AVENGER Two reel Billy West comedy -- (HIRAM) CLAIR " Presenting AMERICAN THREE MORE DAYS MARY MILES MINTER In A Cumberland HIRAM AND HIS RUNWAY GIRLS DONT DESMOND BROADWAY. COWBOY " f Pick of tho Picture Home of MusloaLCemedy" WILLIAM rtlJ ' Swanson Theater: Circuit STRAND And HI Clever Company of Musical Cemedy Favorites J 8a)t Lake county refunding bond, No. 136 to 170, inclusive, ar hereby called for payment,, August 1st, 1920. W. W, BARTON, County Treasurer, Salt Lake County, - BOY THROBBING OF 1 NOW PLAYING 1 to 11. Continuous Matinees ZOo, Kiddle nlngt anq Sunday 60c, Mow PlAylng THE PUEPLE HEART JAPAN LOEWS Coming Wednesday, WcII Evenings, The visitors giving a greet exhibition, Magna nTn hie won five of its six games played thl season, and tho big crowd attending the gam today gave th team an ovation. , Magna Wint From Lehi by Margin of Ono Run ' ipertal 1 The Tribune. MAGNA, July 4. Magna defeated ths Lehi team, I to 7. la a gam ker today. Th work of both batteries was gilt edged, Larson and Adams for Magna and Wilson and Schick for ths 5i War Tax Include r Csmsdy ROCK Romance THE BOAT PATHS REVIEW HENRY BOUVAINE (Henry bsmdorfer) T wo Recitals Dally. GORDON BRETLANO At tho Great Organ. On G EM Week- - Ending Friday ANITA STEWART In THE YELLOW TYPHOON From Harold MacQraths Greatest Novel. Comedy MARY HAD A LITTLE LAMB" Chester Outing Orchestra COMB EARLY U. S, to Make Survey of Idaho Oil Project n Tribes. BOISE, Idaho, July 4. The United States geological survey has decided te make a reconnol seance survey of the oil prospects in Idaho, aocording to information received by Governor Davie. Noted geologists who have visited this state have claimed that th formations here are typical of rich oil deposits. Oil borings are at present being made at Payette, in the western part ef th state, and in tha Oakley country In th south- erh section. Th survey I to extend from Welser in western Idaho to th Teton country in the southeastern part of th state Special to North Beck Drifting Begun on 1600 Level At th North Beak property in th North Tlntio district, drifting operations have been resumed on th 1600 level. Th work was stopped early this spring when a large flow of aurtae water ot Into th shaft, but this difficulty was "but a tern porsry on and baa bsen entirely cleared up. Th report that tho North Beck had taken over another large tract of land In the North Tint! section has been de nied by Mr. Raddats, who says that there have been no new claims added to hi North Tlntio holdings Iq recent months, L Eureka Reporter. L iy Sightseeing and Touring Cars Wliy not go ligbtueeing' tlie delightful and mot educational , Taka a trip in the bif sightseeing cars with our jolly, competent guides, who it their business to KNOW . 25-mi- A depth of 04 feet has been reached in the shaft of the Victoria Gold Mining company's property ef North Tintle, which Is being developed by tho North Beck company. " etetiern Will te - undereteod that soon b cut In th Victoria Gold Mining company's shaft, after which a drift will b sent over to a point directly under the iron deposit which is to the northeast Of th shaft. Eureka TtePOrter. " Bullion Shaft Work Progreing Rapidly 1 le Hriw Victoria Cold Shaft Reache 600 Foot Level Superintendent John Enlund states that retlmbering of th mein working shaft at ths old Bullion Back min baa Y ried along tn aplnd(d shape and the work has bsen entirely completed to depth feet. From that point to the bottom Building ofof 704 th the Eureka says shaft, Reporter, It I Simply a question of repairs, aa It Tor Bent will not be necessary to remove the shaft Beta as was the case above, and conse4 a." quently It should not take more than ten day to finish ths Job. With th comple Eeeosd South street, jtut off Main, aa tlon of this piece of work th Berk shaft will b In fin shape batter than It ha Uu of travel 6 nrtr branch postofflen been In many years. While th shaft work has bsen under way no or nee been removed from tb mine although most of the lessees have laijulr dia Walker Sank. BMg, kept busy, using th Workings of adjeta- - ( Walker Bank r & GO. - -W H.W:IGD7vBo 141 - Wasatch 77 41 , WHOLESALT SADKT MODTTCE. (Gestations bmiiM by KatasI Oississry Ceaelots. ever-stocke- d. Montana Nevada Arkansas , British Columbia STOCK MARKET MOVEMENTS (Be, I When --Wh- ere TO GO It will he el an hour and a lialf of real pleasure for a charge of only one dollar. . Yripa &re made every hour from 27 West South Temple ( Opposite "Tabernacle Gate) . HOTEL' UTAH and NEWHOUSE HOTEL, Get Your Little Party Together NOW for the Big Ride SALT LAKE TRANSPORTATION CO., , . Phone Waiatch 560. |