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Show jbrvewtntAs- THE SALT LAKE TRIBUNE, TUESDAY MORNING, FEBRUARY BUref UgllH 97 6 09 (New Terk) Spelter (St. LeuU).... Silver (is Lesdos) d of Reports Delayed Because of. Lack Material. Two Members of Board to Interest in. Oil Securities Travel Over State to Assist Continues; Mine Stocks and Advise on Valuation. Fair Activity. Enjoy s The state board of quslxtlon mot yesterday at tha capltol for tha purpoae of beginning work on equalling taxea by considering report of minea and other corporation which are required by law to hare 'their reporta filed not later In the year than yeaterday. Many of the reporta are late, however, and It waa decided that there 'were not enough 'on hand to begin, the work. It waa decided, therefore, that Jamea T. .Hammond and William Bailey, eecretary of the board, should remain In Salt Lake and work on the reporta that have been received while B. H. Roberta, chairman of the board, and Henry W. Gwllllnm should travel over the state advising and helping the assessors of the various counties, most of whom are new at their work. Mr. Roberts will go to Logan tomorrow and then to. Weber county Thursday and Iavts county Friday. A week from tomorrow he will go to Morgan county and a week from Thursday will work with the assessor of Summit county. Mr. Owilliam will leave this morning for Utah oounty. He will work in Juab county tomorrow, in Sanpete county Thursday and Friday, and In Sevier county SaturIT day of this week. n As yesterday waa the final day acthat the reports could be cording to law was a flood frm various sent In, there the of stats, more than slaty beparts ing filed during the day. Mbit of the now have reported, acbig corporation cording te officials of the office of the board of equalisation, but many have yet to account for themselves if tboy do not want to Incur the penalty for being la to.' i ( Return Protested. ' -- Fair Interest was manifested In min and oil aeeurltlea on the Salt Lake Stock Price and Mining exchange yesterday. change were few and gerftraUy not favorable. a fair volume 9 trkd. a total of 170,043 shares, valued at flO,(21.9S, was scattered over a wide range of docks. A has been the case for the past two weeks, main Interest was centered la trading of otl stock. Bay State, with a total of 4500 aharea. dropped off rrom an opening of 1014 cent to a close of 29 cents, Ploch Bristol, with heavy trading, a total of over 24.000 shares, held around 114 cents. Monsonite, with 15,000 sales, held St Hi cents. Antelope Star, with 19,000 shares sold, held around 2 cents for the greater part of thla selling. Activity among tha expensive mining stocks waa restricted to 110 shares of Tlntlc Standard sold at f3 40 and 53.3714, and 100 sales In Cardiff at $1 1714. Fair trading was enjoyed by the medium priced stocks. Three thousand shares of Prince were sold at 3114 cents Columbus-Rex&l- l, with 190Q sales advanced from an opening of 31 cents to a close of 3214 cents Eureka Bullion, with 7500 share traded In, advanced from an opening of 31 cents to a close of 12 cents on the strength of the report that conditions in the cave on the 1 150 level showed Improvement. Other Tlntlc stock showed little changs North Standard, with 15,000 shares, sold for the greater part of this heavy activity at 14 cents Lehl Tlntlc, with 3000 shares weakened and traded at 14 cents ARa tunnel receded from an opening of 714 cents to a dose of 7 cents with 10,000 rales Emma, with 13,600 sales held at lit cento, and Alta Con. at 1 cents Quotations follow; LISTED STOCKS. Among some of the larger companies which filed their reports yesterday were the United States Smelting. Refining ,to company, the Denver & Rio Mining Orando Railroad company, the Teliuride Power company, the Fieasant Valley toal company, and the Utah Fuel company. The Ogden Portland Cement company filed a return of its property In Boa-eldcounty under protest. The protest filed wee to the effect that the property owned there was not a mineral deposit, and, if It waa, it certainly waa not a valuable mineral deposit; also that the machinery and Improvements 'were net such as ara used for mining. The return of the company showed real estate valued at $62(1.4, Improvements valued at $71,7(7.7. and. machinery valued at fit liO.lt, making a total of flli.i21.lt. The United States Smelting. Refining A Mining company's report showed a total of 52$.lt.7l of aaeeeeable property In Balt Lake, Juab and 'Tooele counties, Including the net iroceeds of Balt Lake county, which were 1324.116 tl, and of which were $25,764.19. Juab oounty, The - Denver A Rio Grande Railroad a grand total company's return showed of aeseaaable property In Utah of The Teliuride .Power company has property In Beaver, Garfield, Millard, Piute, Sanpete, Sevier and Beaver coun tire, giving as Its total valuation, f40t.' . , til. The Pleasant Valley Coal oompan) placed a valuation on Re machinery anc t 11,122,40. and the Utah Improvements Fuel company places a valuation on Its et $L2M,-10machinery and Improvements The minea of both of these comand neither panies are in Carbon oountyestate In Its return Includes the real er 0. j Mines Make Reports. Western Union Exposure of Ore Fast Improving T (0020.00. fU (0; Tls. Irregular; spot sad nrar-by- , turre. 984 00. 60. 6 20499 pot, Antimony f( Deed, dull; spet. 44 TO. Zinc, steady; Best St. Leals, spet, $0 00. DONPON. Fob. 10s. electrolytic, 94 20 20s. Else, 71 Tls. 20. , CCVERHENT ! VESTr.ENT fc:ei:i Waestch 77 Itm For- - the -- 26 Bldg Tel. US -- i i 'LSMJ-'- - Are You Weak, Worn or Worried? Is Your Blood Thin land Watery treatment charge la $5.25 a ton- - The minimum freight rate to Millers is $1.10, a- - special low rat granted by th Tonopah A Goldfield railroad. so that it make you nervouo, sleepless or essAy fatlffued? Don't wait until you collapse but commence to fortify your starring blood with iron today. How to do it. Mining Men Inspecting Local Copper Property B. LAgenan, general manager of the Nevada Consolidated Copper company H. C. Bellinger, vice president of th Chile Copper company, and Fred Heilman, consulting mining engineer for the Guggenheim Brother, sire in Balt Lake to visit the various plants of the Utah Copper company. Yeaterday the party accompanied by L 8. Cate assistant general manager of the Utah Copper company, spent the day visiting tb min at Bingham. 'if you are undergoing STRAIN, STRESS OR TROUBLE, dont forget that It it probably sapping the iron from your blood and that your RED BLOOD CORPUSCLES are likely J?YING BY THE MILLIONS. WHEN YOU EEEL THE FIRST WARNING SYMPTOMS when you tdf lose your (trength or vitality, dont sleep well at night, art highly nervous or irritable get the blues easily) when your eye begin to lose tneir luster or brilliancy and the lid are pale inside (a most important symptom) then it the time you should net) nnd not wait until you go down in a itttt of complete nervous ' commence prostration or physical collapse. ONE-HAL- weakness brought on by lack of iron in th THERE ARE 80,900.000,900.000 RED BLOOD CORPUSCLES IN YOUR BLOOD AND EACH ONE MUST HAVE IRON. When your blood is starving for iron no mere tonlo nor stimulants can put you right You must have Iron. To get. iron you must eat the husk of and the peela and aklna of ' grains dnd fruits vegetables aa our forefathers did or taka n little organic Iron from time to time and eat more such foods as spinach and apples- - But be eur the Iron you take ia organlo iron and not metallle or mineral Iron which people usually Metalllo iron'l Iron Just ns It , take. comes from action of strong acids on small pieces of Iron and la therefore an entirely different thing from organic Iron. Organic Iron is like the Iron in your blood and like th Iron tn It may spinach,, lentils and apple be had from your druggist under the name of Nuxated Iron. Nuxated Iron represent organic Iron in such a highly condensed form !) Chicago, 111. Goia 4 Per Cent Bondi Dua Serially Jan. L 1323-2- 3 incl. Free from ail Federal In- Taxes. come InLegal vestment for Savings Banks in New York, New Eng- tn land States, IllinoU and ether state Frlcee to yield 6 Per Cent to 5.15 Per. Cent (according to maturity) The National Gty Desert Bank Building Telephone Wasatch 9190 (OS F blood. that on doe of R te estimated td be approximately equivalent (In organic Iron content) to eating half a quart of spinach, one quart of green vegetable or half a dosen apple Its like taking extract of beef Inetead of eating meat of pound It you are not strong or well you owe It to yourself to make th following test See how long you can work or how far you can walk without becoming tired. Next fake two tablets of ordinary Nuxated Iron three times per day after meal for two week Then test ydur strength again and ae how much jrou have gained. Over 4.000.000 people annually are using NUXATED IRON. It will not injur th tenth nor disturb the stomach. Your money will be refunded by the manufacturers if you do not obtain perfectly satisfactory result Beware of substitutes. Always look for the word NUXATED on every package and the letters N. L on every tablet. Sold by aU druggist five-gra- in NUFATEDllRONI Company alt Lake City $ Leases Flood Loccd Office vsn. DEAL WINTER CRUISES 7. -- Oil Producers Announce Further Price Ars tog run down! Arc 70a Irritable? Are you overworked? Then try tbis approved remedy and satisfy yourself of ks beneficial Canal, geuth A marts d tl-Days - 400 Upward February. Marsh, 1921 Larges Steamer te th Tropic ingredledt, WHITE STAB LINE 8. 8. ME Q ANTIC C. 14 tt, N. Dearborn Chicago Or Local Agents Jtf-c- s. little 3000 1 4c. , Ola. M st We. ' CLOIINO SALE inoo st IHe. A otetop star. 1000 at on animated 1000 at Aits ' Athlon. 5oO Hr. Alta Tunnel. 9tM st te. 2Sc. Bay mat. 500 et 2He; 1000 Cardiff, 100 st 1 1TH. Lyse May Bf l 9H! it 1. (t 1000 it He. Njrndtrste. I'WO it He. - , Mllr- -f Shtrid 600 at 10. too et $9 ITH UntlO SiswllM i0o0 st le. trior kllaln Whirlwind 9000 at IH'I 2000 et it 7e. TOT A LA Share sold, ITS (MI. gsUlug talus, 1 10 IU1.0A I00O J r bills and commercial ings. sixty-dadar tolls as banka. 98 88; commercial 8 dar bllle, 94H. demaotj, ARH. 9IV. . , a. taty alaiy. cables. L0VD0V MONET. 14 Bar at Fab LONDON (6X4 per mere. Money. H per seal. Dtarauat rates Mils x 8t.net seat; tone map (be bills. pc 11 19 per caat. H le. t all INVESTMENT Tkto aplstodM book Is (Bed wkfftod1 advice om to matin, h (s tom bank ee kailslne eeeratrv vnlms, mod abow yoo bow to dlutoealib harweaa toe eaaad and to eaisned1 toe ee draw das Ito b ataman apecaUdne Bad It aboaac yoa bow to nanw tornado ada WW anviag aad mm aa a anaashly baaia. h ia rabwnad.Ur book aaad a baaad yoa Witt grtolad wnm to kaapsavanaarly. kwiMbeaf aaad we k FREE. gnat mtoatnyoa. bat Begin Right Now to , KRIEBEL 6 OO tnrrasTWMMr smuw IU 137 So La Salic R. P. MORRIS Morri-Whitne- Sf Chicago f C. L. WHITNEY Co. y MINING SANK and All INDUSTRIAL SUGAR STOCKS eught and add air nomtaleelen Members Belt Lake I lock Kachans N Mining Eaeheng Bldg. Phone Wa 320 mibttUulsa. lee arose Safa St BRIACEA DRUG COMPANY Vaasa City. Me. , PRINCIPLES OP PROFITABLE , - Drioeea is sold in original bottlst only. Ilefuto gpeelally elected Prats ef Call Delightful Shore Excursions , International Mercantile Marino 1 ra ) WIST INDUS Panama Prospecting ct Minimum tn Pine Creek District Th property Is crossed by th tpsela to Th Tribes. iafael river and tha alts selected for th POCATELLO. Idaho. Feb. 1 The high nltlal well Is about forty miles from 'rice of prospecting and mining supplies ,ias cut down development work to nenriy Th alt for the test well was half of normal In th Pine Crwek 1 by a geologist of wide expert- - according to Gin Smith, a pioneersection prospector and locator of the Little Pittahur . OPINING SALES. the and mines. He state I obtained, should be that lf production 16 00 at 9H. development of that section would Antelope Star, 1000 t : reached at about 1500 feet. 5000 at ! he hastened very materially by th buildAlta rsesollSstod, Alts Tunasl, 3000 St 7e; KWO St ing of the much talked of railroad The timber alone for market should Ills Cottonwood Caslltioa, 9000 st Use. Bcarar Copper. 1000 st 2c; 1000 at 1141 make th line nav, In th estimation "of 1000 st IH. Mr Smith, ana there are several mine Reductions with Bar State, (00 st 80e; 1000 at 80c; 900 shipping or uncovered. Mr. Smith at 59c. started development work last week on Colombo RexsIL 900 st 91c; 100 st 81V4; NEW YORK, Feb. 14 Th Standard the Little Pittsburg with a small force 100 at EJr; (oo at 92(4. OH company of New York today reduced of men. TMO st 2 tic Fms th price of gasoline 1 cents a gallon, East Crown Feist. 8000 st c. , making the wholesale price 28 cento. NtW TOE VOirtY. lnno st He. Faat Furoka lAItjr. 600 st 7 He. NEW YORK, Frb, 14. Prieto wsresetlle m PITTSBURG, Pa. Feb. 14 Purchas7 Eureka Bullion, 3000 st 11c; 4000 st 11V4; reef per if, BOO st 13c. ing agencies her today announcedoil.further Fiekangs. Irrsrnlsr Th reductions In the price of crude Ho wall. 3(00 st 10c M Ml ; eiblr Demsn. Sterling U 99. 00 at lTVir; 00 at 17a Iron kiss. 7 9r rshl-- s, Frnnen Deaton 1 grad known ae Corning was out 44 Cento jv Lehl Tlntlc. 8000 at He. a barrel, to $2 64, while CabeU waa cut Belgian francs Demand, T S' fables, gt, 50 oente a barrel, to $2 44. OulMers Demand M2S; rabies MSA Monralto, 1000 at IHe. North Standard, louo st 914; T000 at Lite Den4. I M. cables. 1 m. Mirks Demand, 1 T9; rabies, 1 Tl Prior. 3000 st 9r.II Heps tow. 5000 st Oresrs Demand, T 98 Emm. 000 t P lor he Bristol, lft.WO st 914, W00 st (He. Argentine Desissd, M 12. Copper, Inoo st H. Empire Provo, 500 at Te. Brasilian. Demand, 18.13. Eureka Bullioe, 1000 st 12e, Bontb Br Is, 100 st 9de. Mnnlraab 13 9 Blossom, 500 st 19e. per rest flmnV-- J lroe looo . st anisld. 19. Tim 2000 (liver st IH. Moasonlte. leeftoaiity day, alast days, di 5UOO at IKS. WUhttsn-l'Uk- . months. T par cant, (oath Park, 4000 tl 9r. Untie Standard. 3)0 st 99 40. rail money. Heady; high. T per cent) low. f Norik Btsnds id, Rono at 4H Whirlwind. 1OO0 at IHe. coat, ruling rate, T peg rest; closing (Id, , Flu I us, (too at 96 He. ton, TOO at te. ' per cent; last loan. 7 pec rent. Friars, 1000 at HS, Sterling edrenced further to the let dealINLI9TED. riocb,Brlitol. iooo st (He. 9; The scientific blending of reliable vegetable remedies of benefit to persons who suffer from NervouneM Slceplesraess Low ol Appetite . Depression ' Digestive Troablei Brail Fig Slow Recovery from lallieiua mad Kindred Ailment In th four-secti- ii bank of the Ban Rafale! s THE POPUA New York physician (ays that MORE THAN LATION OF AMERICA PERISHES BEFORE MIDDLE AGE and that on of the chief contributory causes of this terrible waste of human lift is the devitalising ht t s - . Property! 1 co. OGOKN-Boote- -- nt 2. tumzt G j sine-lea- Ait-lo- eepper, CT2; 2i id. Lead, SECURITIES j. n. nosLE SALT LAKE It Main 0L 174 f m er Salt Lake City I V si f 7 1, 942. llCllic. 100,-C- , G. Temllnton, ...... GOLDFIELD, Feb. 14 With seventeen leased blocks in the mines of th Goldfield Consolidated being developed, several other application are being considered and Inquiries are being received by A. H. Lawry, general superintendent, from many former employees and lessees now In othef western state Activity hero promise to j ' ' Increase. While the men are no only getting Started under the leasing policy of ths Consolidated, which wee resumed on January 2. a number of good prospects havebeen opened, and It It expected tfiat eeveral lessees will be shipping early In February. Th Sliver Pick lease on the Red Top, where several hundred tong of or is broken, with a big tonnage In sight, has, ent out thro carloads of $35 and )50 or In th last week. Th next shipper should be the Poffenberger and Dunn leas en the Combination, and It la expected that before th end of February several other lessees wUl have Joined thee two in production. Th average eiie Of the block held by these lessees la 300 by 300 feet, with th else varying according to the situation and condition of the block. They are leased on a royalty basis of 10 per cent of the net returns on or up to $20, 15 per cent on or over $20 and up to $40, and 20 per cent on or over $40. Thirty shifts per month la th minimum requirement, and leases are granted for .one year. Compressed air for th Combination and Mohawk is obtained from the Florence. Th lessees In general pay ail thetr expense Including th power for hoisting, but track, pip tools and similar articles that th company has are available for us their ' Ora that Is oxidised and that can be readUy treated by cyanldatlonis sent to h Mining th plsmt of th Tofio San Rafael field by Operations the Ohio Oil company and plant of other concerns to begin drilling in other parts of th prospective oil country In Southwestern Utah have resulted In a flood of for government land leasee. application More than fifty were filed yesterday with Register Gould B. Blakely of th Balt Lake land office. Him Ul EMM Applicants lined the counter of th land For development purpose 500.000 shares office all day Monday, and several were still welting their turn whea the doore were closed at 4 30 oclock. Th land ntng 600,000 are held. It la applied for le not confined to any on lotwenty-fiv- e cality. Th trarte described In the appliapproximately cation are embraced by several counJohn C. Lynch I president Isof th com-n- y- ties tn th southern part of th state. secretaryWalter Most of th applications filed yesterday and Bmyth called for tract 16 so acre the maximum acreage allowed under th Lake. of Salt A. dnd oil J Hogle land leasing act of February 26, 1120. igden s The Old F.mery company hopes to be he first to drill fn the Ban Rafael region ts fill's; 1. Application mad for listing on th Balt Lake Stock and Mining Exchange waa apby the Old Emery OHthecompany commitproved yesterday bywill belining called for the tee and the stock la capifirst time today. Th company talised at $300,009, divided Into 1,600,000 company of Tooele shows In Its return that It haa property In that oounty valued at ff2L10t.ll. The re-rUtah Consolidated Mining company at property In Tooele oounty velued 7.400.and'ln 8alt Lakejjounty valued Tunnel at f 190,110. The Tlntlo Drain In Jnab and eompany report property Salt Lake valued at f6L4SI.2l. The Eushows propreka Hill Railway company erty in Utah and Juab oo unties valued UttkLM KAUZT. July During the year the final pavment of $25,000 on account of the purchase of the Fortune property was made, fuid the deed acquired. The cost of this property to the company, not Including interest on deferred payments, wee $287,773 and shares of stock. There was aleo acquired for dumping purposes at s cost of 31000, a strip of land lying between the company's buildings and. Bingham creek. Notes to the amount of 314,193.713 were also retired, General Manager Pett' report states that during the year the condition of the min has steadily Improved. An agreement has been mad with the Bingham Central, railway (Ohio Copper company) whereby the Montana Bingham Consoli dated Mining coMtoany la allowed to through the Maecotte hlch is approximately 475 feet feet on the dip of the vertically or 1000 Montana-Blnghatunvein below the nel. Many Improvements have been made, states Manager Pett. A trestle approach and ore bine of 250 ton capacity have been erected In Bingham, canyon near the mouth of the tunnel. A spur track from the Denver A Rio Grande rail-o road haa aleo been built to the , bins that four car can be 'spotted"-- at one time. A larger air line, a enow shed and an arrangement for a better water, cooling and circulation system was aleo effected. A total of 4850 tone of copper and lead e woe shipped from the min during the year. The average assay of the copper or was .079 of an ounce of gold, 1.79 ounce of silver and 1.63 per cent copper; lead ore, .082 of Tan ounce of gold. 11.63 ounces tUver. 32. per cent lead and 1.38 per cent copper. Development work don proves the vein to be well mlnerallied, says the report. At 'the beginning of the year No. 3of copWnT drift exposed a aMeposit distance of 600 per-lrsulphide for In feet along the atrik of the vein. thickness It varied from ( few Inches to six feet, but aa a whole was too low g trade to ship at a profit under preratl-nconditions. Wtthin the deposit lenticular shaped bodies of high grade or had been found and exploited above the relevel. Practically no shipping or mained in eight. to a sunk waa depth The Incline ehaft of 20 feet and equipped with a larger hoist and a skip. At depth of 60, 100. 150, 200 and 250 feet sublevels were drivenboth easterly and westerly. Tha downward extensions of the high previously exploited for grade or bodies above the tunnel were short distance found. Two separate or chutes, both decidedly to the west, were pitching on to the weet of the heft the the other croelnr from the east to avwest on the 250 level. This9 chut, thick, feet end 25 feet wide eraging copper carries exceptionally high grad ana with an appreciable amount of gold 75 feet which average liver. The first, wide and I feet thick, contains as high Thee copper, but lees gold and silver. continor bodies have shown marked uity and on the lowest level Indicate persistence In depth. rale two high grad In driving No. I ,w bodies have been encountered. This to a point 412 rale haa been completed corn- When a skip. for Listing Is Approved o NEW TORS. Feb. 14. Copper, stesdy; elecMr trolytic, Spst sad first quarter, 13 sad quarter, Ml 0001 00; free, soeilaii, No. 001 aorther. SO. 00 1 No. 9 southern. N. 9 sort here, 929 ar one-ye- Consolidated . - Hotel, Salt Lake City ' Freight Balling en Application N. Y. to Cherbourg and Southampton. Feb 2$ Mar 22 Apr It AQUITANIA N. Y. .to Vigo. Gibraltar, Patra CALABRIA Dubro-nlkFlume and Trieste. ...Mar I May U Y. to .. N. and ALGERIA Apr Londonderry Glasgow.,.. Mar Mar 6 MASSILIA ........Boston to Liverpool.. 1$ Mar t Apr May XT N. Y. to Liverpool.,.! CARMANIA 8AXONIA . ......N- - Y, to Halifax. Plymouth, Cher- Mar 10 Apr 21 bourt and Hamburg 12 1 June Y. Mar to Apr tl nlPERATOR .....N. Cherbourg and Southampton. .Mar 19 Apr 10 June 19 ..N. Y. te Liverpool..,,, CARONIA 21 21 May A. Mar $2 Apr K- .a. VICTORIA.. N. Y. to Liverpool..N. Y. to Vigo. Patra Dubrovnik, PANNONLA -Mar 2$ " " Trieste and Flume Mar 24 May 2 June 1 ALBANIA (nw)..N. Y. to Cherbourg end London 20 Apr 22 May 21 COLUMBIA .. ,...N. Y. to Londonderry and Glasgow Portland, Me., to Halifax, Liverpool CASSANDRA and Glasgow Mar 30 MAURETANIA ...N. Y. to Cherbourg and Southampton. Apy 7 May It June 9 Lie f Later Sailing on Request J, Tried by Management of Increases 9lt Wilserv - Applications for Oil Land eininsmSaltninLake oounty valued at r. opart y in and in Juab oounty valued 1426.600.10, f20t.740.fi. at . The Liberty Fuel company report valued at In Carbon county rroperty and the Rio Grand Fuel com pany reports property there valued at de Production of the Chief Consolidated Mining company for the year 1920 was considerably Increased, but the yield, after deducting smelting, transportation' and sampling,.. charges, waa leas, acoOtdlag to General Manager Cecil Fitch' annual reThis decrease In the revenue port. earned by the company waa due, ray Manager Fitch, to Increased smelting charge and the decreased price for silver and lead. During the year the- - Chief Consolidated min produced a total of 441 ounces of gold, 2,622,132 ounces of silver, 12,717,410 pounds of lead, and 3914 pounds of copper. From the slno-lea-d ore, 42,36 pounds of sine were extracted and 33,704 pounds of lead. From the sine ore. 170.(41 pounds of alne were produced. Assay value of ore shipped, according to the annual report waa: Gold, .0641 ounce per ton; stiver, SLtl ounce per ton; lead on lead ores, 14 03 per sent; oop-pIn copper ores, 1.30 per cent; sine on sine ores 33.94 per cent; slno on sine-lea- d d ores, 19.11 per cent; lead on ores 15.34 per cent The average gross value per ton of all ores was 347.29; smelting, freight and sampling charges per ton, $20 08; and the average net value fer ton, $2121. The net profit, after paymlnt of all charge, was $357,380.45, from a shipment of 82,430 tons of ore, dry weight. are listed at $1.983.40.07; , Assets mine investments, $166,079.27; current assets, $233.85 57; Liberty bond Investments, 945,917 4; cash, $28,937.01; total assets, $3,047,090 96. Liabilities are listed as fpUowa: Capital stock, $$84,231; surplus on December II, 1019. $1,931,023 95. and profits for 1920 of 5357,190.45. minus dividends for the past year of $353,481 SO, brought the surplus for 1920 to a total of $1,4L710 30; bills payable, $35,000; eur-reliabilities, $128, 468.49; reserve for taxes $198,232.06; and reserve for depreciation on machinery and equipment, $171,461.12. Thee Items listed brought the total of liabilities to $3,047,000.95. Since operations began on February 1$. 1909, the Chief Consolidated company haa don a total of 148,83$ feet of work underground, shipped a total of $35,977 tons of ore, from which returns of $11,21,-114.were received from smelters. The net return from this production, after charges, according to the report has been, np to December sr. 1920, $9,482,080.05. During the year 1920 a total of 21,967 9 feet of development work was don in the Chief property and 1944 feet In the Plutus. Regarding activities tor the year, eral Manager Fitch make 9 the following comment: A compared with the preceding year, the tonnage of or waa considerably Increased, but the yield, after deducting and sampling smelting, transportation charges, was less This partially results from the further Increase of $1 29 per ton Hi smelting cost, the drop of 4 9 cents per ounce In the price of silver, and the as say value of silver per ton being less. The drop In the price of lead recently from 7.6 cents per pound, the average price received for that product !h 3920, to 4.75 cents per pound, at the time of thla report, effects a loss of earnings to this mine, based on a normal product, of over $371,000 fbr th gear. The ment was decreased by 3000 feetdevelop' In order to counteract thee accumulated adverse conditions now existing, wherever possible, expenditure have been stopped or lessened. A further curtailment In the development work was made. It la fortunate that this work la well advanced over present requirements; eons, quently its decrease, for the time being, will not affect the mine's future or supv ply The labor coat per ton of mining and handling the or has been reduced. The completion of No? I shaft also Thla work haa expense. llqilnates progressed continuously 'for twenty-eigmonths and proved to be th most difficult ever sunk In the district due to the swelling porphyry. accompanied with a large amount of water. Its construction of relnforoed concrete, throughout the entire depth, will for all time eliminate the cost of repair and timber replacement. The present surface equipment will be used, for the time being, for the development work done through this shaft. Thla will include further prospecting of the Flutus property, by which a good raving will be effected. The average amount of or in eight was fully maintained during th year In both tha first end second Bones. Greater headway la anticipated in developing the third son during the ensuing year, when the connecting drift on the 1300 level with No. 3 shaft la completed.' and no trouble rding to the report, being had with water In th lowest $108 12t.06 wera Shipments valued at Deductions an mint-n- g ltd from th min. 2 sampling for freight, to $28,711 left a net return mi nmeltinc charge Tooele counties to be valued at f2l lit. Tha Garfield Water eompany of Salt Lake county repoh property In this oounty valued at $179,211. The Eagle A Blue Ben Mining comIn and equipment pany reports property Juan county valued at ftlf,16.M, and pedal to The Tribes. POCATELLO, Idaho, Feb. 14. Accord ing to Ben I CoUlne, secretary and general manager of the Western Union Min ing eompany, the showing of or la a 1U' tie better than at any previous time. The ore shoot haa been opened up for from the tunnel level. (set with rales or Is a narrow pocket of The high-grafeet four feet of milling or about 100 discast of the point where It was first covered. , Work of great Importance waa accomplished during the year at the Montana Bingham mining property, according to the report of the company. On January I Imer Pelt became Identl- fled with the eompany in an advisory 'capacity, and on July 1 assumed active contract. management, under a This contract provided also for tno services f t. P. BUlings as engineer and general superintendent. Harry Bowman waa retained as min superintendent, J. R. Brain was employed as bookkeeper and stenographer, and upon the resignation of Mr. Moss man in August, became director, secretary and treasurer. A revised system of reports covering all &hases of the company's operations was .... rein evetem, and facilitate the exploration of the virgin ground between the two tunnels The entire length of the rale show Development work In all place la he shows property In Rich oounty Boston, valued at fl0,710. The, American A St. Louis, Mo., re. phalt associationIn ofUintah county valued ports property at f 11,164. The American Smelting InA Refining company reports InIts holdings Utah and tha Rush valley quarry Utah-Saldur- Considerably, but Yield Produced Is Less unit Tha Grand Central Mining eompany In Juab county valued reports property under. the headat $46,168. One report ing Bradley, Peter B. and Robert 8 of 1(2.90. ftl , The IPEN TO LEASERS M complished During Year 1920 at Copper Property. on 932,-(1,9- figure. T IS Much Important Work. Ac Tonnage of Ore Produced New System of Operation It Consideration Available OfTlees i 601 Marks Street, tan Francises, or Bureau of Navigation, Mote Paggi. Kenyan Hotel, Lake City L. J. Kye Hotel Utah, ....MHe ; lee of "(1WiM:Tid) AW(lnKQ)ll'' I1IE CHIEF COII. METALS. Copper I r 15, 1921 -- 12 L. Conquer Your Rheumatism The tiny pals demon that cause your Bheumatiam will be bdek on tfte job with the first approach of damp, wintry weather, ready to take up their battle BRainit your comfort with renewed fury. And if you nre going to again rely upon th liniment bottle to try to rub tho disease away you will be doomed again to nothing but disappointment. A disease that can cause 0 much pain nnd suffering as Bheumatiam is not on th surface of the skin, and ennot b rubbed away. are Many forma of Rheumatism caused by n tiny dieeas germ la tha blood, and in auch case the only logical treatment is to search out and remove tbeae germs from the blood. For this purpose there ia to mora satisfactory remedy than 8. 8. 8., tha fin old blbod remedy that has been in nro for more than fifty years, and has gives uch general satisfaction for Rheumatism. 8. S. 8. thoroughly cleanie th blood, and routs out all impurities and disease germ Begin taking 8. 8. B. today, and If yon will writs n complete hiatory of your eaaa our medical director wifi give you expert advice without charge. Address Chief Medical Director, 82J Swift Laboratory, Atlanta, Oa. (Adv.) NOTICE OF SPECIAL BTOCKHOLD-er- a meeting of Murrar fiheep company at th general office of the compear at Murray, Utah. Notice Is hereby given that, purjuiant to a resolution of the. boerj) of Olrectora of Murrey Bheen company l a meeting 1321 held on th lltn day of January a apectal mealing of the stockholders of th company will be held et the comat Murray City, county of pany's officestate of Utah, on Thursday, Halt Lk the 24th day of February, 1921. at th hour of 2 o'clock p. m. of aald day for of considering and passing th purpoa upon th proposition of Increasing the number of directors from three to five end In th event of said amendment be-i- nr pnaacd at th said meeting far th further purpose of electing th laid dl rectms tor serve until the next annual meeting of th corporation, MURRAY BHELP COMPANY. By Blaine H. HtewarL secretary, s71 TRIBUNE WANT ADS GET p' r $UCHULT 0 |
