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Show THE BALT LAKE TRIBUNE, SUNDAY MORNING, APRIL" 12 Production of Spelter Ha Been Speeded Up to during 0,000,000 pounds of tine rathodea monthly, or r'osa to l.ioo.ooo pound of Ingots, and 1.000,000 pounds of dross. The tlno ores, running about 13 per cent alnc. carry lead and precious metal values. All of these have a good market at high prices, making the tlna operations verv profitable Another much profitable. although smaller, department of Anaconda's bust I ness the ferra manganese branch The price haa advanced about 1100 a ton of late, bringing It back to the ar level of 13 a ton. although this price now rules on 0 per cent ferra, whereas, during the war. It prevailed on TO per rent material. Hcarrity of ferromanganena Imports haa brought about the full recovery. Anaconda wlU aoon start to build arven-tnllrailroad connection to tt rock The cost of min fihospbate very deposit. small and proflta on the of rock current al shipment high prices should be substantial. Kventoallv the company will enter the fertiliser business, lilch will entail large expenditures In the construction of necessary plants The demand for fertiliser from western farm era haa been growing during the past few veers, and this, coupled with requirements from 'the far east, should open up promising possibilities for th gradually expanding jroduct of the Anaconda company. In about a month the annual report for 131 will Issue. As In the case of moat other copper companies. It will doubtless show unprofitable operations o Full Capacity. Although demand for lb red mela! not forced It to Increase .copper , have production beyond the rate of the past fee rfi'Wrn. according to the Boafon Nona Bureau, the Anaconda company hae apeeded II alno operation up to rapacity and will aapn bo getting ell possible output from Ite manganese deposit. profile from theao eourcea will help to offset the curtailment In copper. A new high record am established In March bv Anaconda a elertrolvtlo alnc plant, which turned out t 00,000 pounds, acalnst but 4. 00,000 pound In January, 1 no tine refinery haa a capacity for pro Pub-atantl- el April 24. Ing lie Leesburg Placer Deposit to Be Developed Exten sively, Operator Says. Mines of Cilmor and Leador district for yean heavy producers of various ores, ara working slexdlly. according to O. E. Kirkpatrick of Leesburg, Idaho, who la at present a guest at th Hotel Utah. Mr. Kirkpatrick I In detail reth city to Attend to buslne lating to his mining properties and at th same time to be present at th of the risk consistory of tb Ihot-tls- h Rite Masons. Among the mines of th abov mentioned districts. th Harand the Green-hor- n mony, the group are expected to do perhaps most tha InleresUng work, according to Mr. Kirkpatrick With the success of th Hradford volatlllxatlon process, which I to be given a thorough test on a comn mercial scale at the mine, proven, a future of Immense possibilities will be opened up for the properties of thes districts. There also promise, to be considerable activity In placer mining near Leesburg, laid Mr-- Kirkpatrick yesterday. A syndicate of Montana capitalists has acquired a considerable amount of geld placer ground which will he opened up on a totallv near basis. It Is believed that the gold can be extracted from the sands by the new process on p very economical basis. Of th county future of the mines, Mr. Kirkpatrick ls most optimistic. The resourcee of this district do not limit operator to one kind of mineral production. Tungsten, cobalt, nickel, placer tin and molvbdenum are found In different parts of the county, home coal is lo being mined. While In the city Mr. Kirkpatrick will attend the directors' meetings of the Gold Oust company, of which lie Is managing director. Mr. Kirkpatrick plans to purchase equipment for the cyanide mill which the company ls constructing. Tills mill, whichwillwill bo I he he readv first unit of a large plant, for operation. It la thought, by the first of of the process July. When the has been demonstrated tbo company plans to build a much larger plant In Idaho, con-rla- Bope-bheno- n Linseed. PCLITIT. Ussesd. 4 4S4 4. fope-8heno- ANNOUNCEMENT Stimpson Equipment Co. Announces'That It Has Taken the Agency in This Territory for The Worthington Company . The Worthineton Company sells the products of the Worthington Pump and Machinery Corporation, one of the largest manufacturers of machinery in the United States. Its products include all classes of pumps, air compressors, condensers, water meters and general power and mining machinery. The Worthington Company lines Mill be handled by an engineer of long experience, a direct representative of the He will be glad to with our custofactory. mers in solving any problem of machinery installation. The Stimpson Equipment Company is also manufacturer and sales agent for Mitchell Electric Vibrating Screens And Janney Flotation Machines 318 Felt Building. sucN-ee- s Balt Lake City. flv vesrw of Operation the com pany has produced a total of ;,6Jl.i49 Mr Hav.lrn adds: lour company cn continue operation only so long as advan lags can be taken of extracting or al r.adv broken In elopea or prepared for and mining, on whlrh development breaking cost Itav been prev lonely paid either wholly or In large part, thereby recovering the amount Invested In tha development and preparation for mining of such or reserves '' Al Alaska Hold annual meeting John R. lHlion waa elected a director In place CHICAGO, April 54 Material advances of K. It Babbitt, deceased. took place throughout tha entire grain Hat today, os ing largely to grtivt saport demand for rve and wheat. Corn ckaed DEVELOPMENT net higher, with May strong, 1 4c to to $1 474 and July It 44 to $1 SUNBEAM RUSHED $1 474gained to and provisions tic lc to 47r. E. Ft Hlggenson, who several month n the corn market were preUpturns ago inured a leae on the old hunboam ceded bv a display of considerable weakmine and who ha been busy with tha ness, whUh. however, appeared to be dJ development of the property ever alnc mors to U'k of bulng than to any spethat time, has mined, according to th cial urgency to Then the price of Eureka Reporter, a total of fifty car- rve began to climb, and, notwithstanding loads of ore. all hut flv a carloads of bearish s of tha railway traffic sit aspect which was sent to th Tlntlr mill al HI uatton and of difficulties in regard to ver Otv. Mr. Hlggeneon that up to credits, atl the cereals soon lommenred this time ttis ora has been taken from (o upward. Before the day was the workings sbov th jm) level, but In overawing rve all high marks the" near future he expects to commenca for the topped withprevious the Msv delivery '4ou, operations on the 3rd), wrier he expect In twenty-fou- r a $2 05, of 414c rise to find a large amount of mill , ore of reaching hour. Forecasts of wet weather even bettor grade than that taken from and prospects of dciay to the seeding of the upper portion of tna mine. eh-added to the anxiety of It ha been a alow fob getting Into spring shorts and made them especially exger the workings of th Bunheeni, for th to get out of tho'tnarket at the last. reason that tha lessee had to retlmber Oats how4d strength. It and rlean out the old shaft, but another was said that Independent signs Indicated France week a work should be sufficient to would preaci.lly resumo buying of Amerreach the 349 leteL It la Mr. Iflggen-son'- s ican oata Intention to continue with the shaft Provisions were strengthened by rerepair, opening th mine to a depth of ports that Germany bad obtained 4V) feet, and he feels confident that the credit from an American packing beet grade of ora will h found on the SiO and 440 levels. I'p to th present time company. his leasing work has been quits profitable and If hlgher-gra- d ore Is found, as ARTICLES AMENDED anticipated, there Is a chance for much heavier profit. BY COMPANY WORK 5i AT tory. Its success has been predicated on the success of the business to which it has rendered service. The business man will find that association with this bank gives him a powerful ally. PROVO r toI New York Bonds, re r&iwm U rf IOI 3 III ref 4s. ret U Warsaw fA V rm( m 9.., 4a... 74 MS 144 Specie! te The Tribes. PROVO, skpril It. Amendment to the of tbo Provo has been Pled with cofbpanv the Mining I ? A) ft 4 rmjp. I county clerk. It Is signed bv James W. . . 2 Ito.KATr paaama I tat 4a. adf, vice president, and tHn W. Con2 W . . . do la I2H fif f The' amendment pro4t 94 Mont Power fta , Mi over, secretary. 4 T Hu T fop 3 .. 94 N y Ogt Ass io to MS vides for a change of principal place of C from business Provo to Halt Lake. Armmr The 44 TtH Noe Pa to .... 71 n to.. 7n Airfaima mendment was adopted by a vote of all .... M pr toto.... O f 44a .. AOV4O II I 8 the stork present. 478. nil abaft of the Beit t to. SI Par TAT to... issued stock, or 857.551 share a constiturf to.. W Prss fos 4S... 97 ting a majority of all the issued stock of P ... to Par M ... tea lit MS the !orporalion. fot , Cfcr to.. 744 Read) to.. 731 g r, n a Q ;t to.. 34 nt 1 4 0 r ij m Par e rC MAStp rv 4U. H MONTANA-BINGHA9.7, RIAPKy rrf to. r.'t pallway &... Tu. I a ea to . Chile fop eH tf 9a 70 ,1to4 ASSESSMENT LEVIED City ef Pari to . W4 Tea 4 Par tot... 77i 4 So ref 4Wa sl4f slop Par 4 Tf n 4 R n fM O. 40 I' K of 47 R 4 1 At a meeting of the board of director Dom of Casada to 1957 .... 99S of the Montana-BlitghaCoiieolldated 1931 I T Pithher to... tt tf Mining company an aseeenment of two trie rrq 4 .... 414 Vr P Ptral to tt cent wa share to Ml Klee per W .... , tot aba levied, .... fea tt delinquent 74 May 39, alth the sales day on Jun 35. tit Nor tot I' .... rf 4t 11 Int I K articles of incorporation S::::sss5sgf BBBBBS0S . M 5.. 7t ..ujj SB jBBflBBBBBEB aSBaSBBSBBEB 0SB0BS8SBSE8 lllfliiinr ns rf 33 SSBBBBBS M BB 9, 111')! SBBSBBSeSBEB IH.'IlirJD ?B BBBBPRHR PR A ffosl Bankers Resources Over $12,000,000 til Member Federal Reserve System 8G-- J. Brothers ptTLV m Report M Walker IJTim 1 C.. FoUto Market. CI CHICAGO. April 24 Potalwt, ptrwpr; rnrm: aorttoHi wblti. bulk ainj 87.OU4g7.25; Aliaacvola rag rlrvr Okhw, $7 00, m4 Weekly Flnendal Eerieir, pr LONDON, April S1.-- Dr KEW YORK. April 21. A general of discount which I likely. In the opinion of banker, to assume wider dimensions, ws 111 overshadowing feature of the seek In the securities market. The advance waa more than local In Its Not only application and significance. were rates of tha federal reserve bank raised at leading eastern, western and southern centers, but the movement was folios ad by further curtailment of industrial and commercial funds Abroad, the recent stiffening of British and French bank rate saa accompanied by broad Intimations that new financial ventures would have to salt for more propitious times. Th credit strain evidently extended to the Orient, as indicated bv advices from Japan. International exchange sas mors unsettled than at any period alnre the recovery of sterling to a point sell above .liver, C8S4 per the 94 mark. The extent to which loan are being re banka. duced find expression In the weakness of $3A44fc: roaiBttrrtat 7 bill $3.83 V; 604a?biU, Liberty bonds. Truslsorthy accounts $3 944: eomaterrial 83 874. rablra, $3.M4; agree, hoeever, that much of the liquidaFra ara Deaia ad, 14.94: rablra, 14192. tion of there sar flotations results from Rrifiaa fraaca Demand, 15 87; cahlra, 15.85. presalng ne:ds of the small holders billdrre-Dfmt- al, 384 rshlfi, 814 In the stock market the most surprising 22 85. . lJrr Demand. 22 87; rablea, 1.4VI. revelation to disinterested observers wa I 83; rablra, Mark tienaad, the euperrtoiel character of the long acboada Ireegular; railroad b?ndaf Uueraweat count. It Is generally conceded that the taay. market la technically stronger for drastic liquidation of professional holdings. Chicago Produce. 24. Butter, CHICAGO. tm trilled; April Sugar Market. 474U4e SZW TORK. April 24. Rw augar. tte4y; Crraoirry. 41.00R eaafi. ErrrwhanfNl: rrrripta, rratnfutal. 19$: rrflatoi, 11m; fin graa Poultry L acbaofrd. ulatrd, 81t.504ii23.00. New York Money. KW YORK, l'frhanf4. Kxrhaage. April 24. ptrang; London Money. AlereasUl atorUnf. 00 da 7 paper bill. April 24. Diaconnt rata Short-bill54 per cet, Thrca woatba billa, $ per coot. TONTHIN, IMIPOffiTTAOTS A1LL POWER USERS Who are supplied by the Utah Light and Power Company are requested to be present at the opening of the hearing of the power companys application for an increase in power rates. The hearing will take place in the House of Representatives chambers Capitol building, at 10 a. m., April 26, 1920. The members of the Utah Manufacturers Association will be present and will be .represented by their attorneys. The Utah Manufacturers Associations policy is a square deal for all; we will therefore make every effort to see that Utahs industries receive tlie protection that they are lawfully entitled to. fori. AssocnfflMom Builders of Industry V F n. J I M! T e to4-Dat- !o - For sixty-onyears this bank has been assisting in the growth and development of commerce and industry in the intermountain terri at f A The annual report the Alaska Gold Mints company states that while the op ratio loss tor the sear ended December 31, 1913. before Intercat and depreciation, amounted to $273,397. the actus! cash loss amounted to $49,054. 'this being due to credit accruals from prepaid development reserve set up In the past, large tonnages having been dran fqpm ora re serves upon nhkh a portion of the mining coet had been previously paid.' The gold recovery of but d cents per Uh 88 cents ton as compared ten In 19)8 is proof that under preconditions no there i'n be vailing profit In tha continued operation of the prop arty. rsnident Hayden state that the United State production of gold In 1919 amounted to tot, 300,009, a decrease of 40 per coot from th 1916 production of 1101.000,000. The value of production recovered by the Alaska Gold Mines company in 1910. amounting to tl.1i(.490, represented approximately 2 per cent of th total United Slates production. Our- - .saK-- w al. Government Bonds. ALASKA GOLD OUTPUT MADE AT STEADY LOSS nt Stimpson Equipment Company 23, 1920. 4 a t a, |