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Show V - THE SALT LAKE TRIBUNE, SUNDAY MORNING, APRIL 23, 1922. 8 MIC MIES cpp.t, . iutw Rising Quotations for Lead !; Stimulate Production of the Eureka Companies. METALS. liitis. r . Twk) lad (V X- X. apltr (Irt npm) liwy Aver t T..T.T.T. L4) OUTPUT GOOD . li IIKEA . .7 S.U9.b COPPER Bristol Silver Company Ac Ac- - fidated Organization ords r t- - M'r. During W eek. f celerated ExpenRecovery; Stocks Stronger. f Tribune. ElIKKKA, April 22. The upward (will to Tt trend In the pried of lead la having a etimu- Al- lating effect on Tintlo production, though lead la not the chief constituent of Tin tic wee Oliver holding Brat place amount very .111 it contributes to the Income of practically all of Tlntlc'a from "predycori, Tha lMd content of ore the Eagle and Blue BeH and Victoria Mine owned the foy Bingham mine, company, are highest in lead content in tth district. ft In the Intention of tht company to fntned lately Increase the rate of produc- tion over 30 per cent, from 160 tona per dr.y bo WO tona per day. In the opinion e of the officials, this will he a very aim-pimatter and will consist merely of in--ton the working force sufficiently -' easing V -- -gvf the added tonnage. - r.t ' Mine Equipment high-price- last-nam- ed few - daya stocks was led of .low-pric- ed for a Standard, which traded 4 around total of cents, shares the close. Zuma held at 9 cent. Although demand Tor Iron King dropped off yesterday, the price showed steadiness, and held at 10 cents and 10 cents. Alta- - TannL-w4th- . trading, at Ik eentu, held at 2 was stronger. Michlgan-Uta- h Trading -- by North Sooo Adequate.; eqUfpmenf and 'stdrage'TaIhties can easily handle "the increased (.reduction and also any Increase In dework that may ha planned. dopment reserve of these properties are The ore very large. Only recently a prospect drift v level of the Eagle on the ore and proved and Ulue Bell tee continuance of the etope now feeing worked 200 feet above. . Both of these mines have a vast amount of territory which has not been developed, and which, according to expert opinion, should be as productive as the. within the known ore aonea. Jt - ' country U conceded that any Increase In production la not going to mean the shortening of the life of the mines to any gTeat extent. On the other hand, future development of new territory within the boundaries may greatly increase the or In eight reserve of the m hies. at '7 6 ' at cents and New Quincy centra Quotations follow: ''X LISTED STOCKS. ' ' cents, 'Albion fU 2000-fo- Restricted trading on 'the Salt Lake Stock nd Mining exchange yesterday was characterised by strength on the d Issue.' Walker, part oT th on trading of 300 shares, advanoed to a close of . 3,0714, RUv,r , King -- Coalition to 2.06 and Tintte Standard to 11,20. The Issue rise in the price of the Is' the 'most noteworthy, as the Eureka specialty has been weak during the laat 10 ot d. The year to start investing iiv the best investment on earth. The time to look back The Chief Consolidated Miring comof Ha pany is producing to the capacity hoisting equipment at Its No. 1 mine InC'onsoliEureka. Last year this Chief dated- mine was first in sliver production In the United State, if the present rate of production Is maintained throughout the year It will probably hold that record for 1922. The ore from this mine is being produced entirely toy lessees. At i resent there are over 100 leases on which nearly 300 men are working. New ora la constantly being opened un. and at present a great many lessees are doing prospect work, with the aim of discovering new or deposits. The second big none of ore which was opened up more than two years ago Is PoducJn very heavily at prevent the 1J00 and the 1000 levels. Drifts rre being run ea- -t on the HOC and ISU0 the acme levels to ascertain whether . 1 upward. con-t'ne- es Zone's Extension Sought. Vie drifts on "the H00 level have been to the sane limits. As the faces show ore mkeral deposition and of quarts, it Is considered relatively certain that when the son has been entered a little farther by these drifts thst the slope of ore wiil be found fiivan-e.- l spat-yerim- rs to bo continuous upward from the present working on the 1600 level. The 1200 drift, whtoh la making good headway, has net yet advanced far enough to show gnv great change. The deepest workings in this mine are ftbw producing some very fine ore. Ore followed downward from, the has to a depth well below the BPier stop 2n level of the mine. ' The old water level was at 1200. More ' than 200 feet has been drained to permit file mining of ore and development. Ttoe limit to which this draining may proceed tat Indefinite. It Is limited, perhaps, only by the else and richness of the deposits, for as long s mining could be done at would always be a way of 5 profit there tndllng the water. Rtafhaa-Onlrna- Ir. Montesa-Btaiha- - yellow '- , 1st 7 PREFERRED UTAH POWER & LIGHT 1 This stock has come through the recent depression with a better record than any of our older seasoned securities. Since 1915 ws have recommended this as one of the best, if not tbo beet, of all of our local investmenta. d a quarterly dividend of 1.75 per share since its issue; its earnings are steady and aafe but growing, and assure still mors profitable future. The stock it readily marketable both here and in the east, and has the highest, collateral loan value with us and with all banks. 'We balieva the stock will easily sell about $100 again and strongly advise its purchase .by all classes of .investors. Detailed information or circular on request. TT j nx--x w Southeast, near Gilmer Park and East high - achook One-of-tmoat ele&aub brick-cemePlans and construcbungalows. tion supervised by owner for a really comfortable home. Oak floors throughout. Oak finish in large living and dining rooms, three fine bedrooms,- - hot water beat, full basement with partitiomid rooms. Nothing has been overlooked in and conveplanning the interior with practical nient features. This is an unusual home and must be seen to be appreciated. H-1- 0 5 vj. 5N $8250.00 Terms f six-roora ii Vfc; - H-2- 0 -- jim rc fj modern brick bungalow. Brand now five-roolocated near Fifth East and Liberty Park. Hard- mww floor, cemented basement,' connected with k Bewer, Bn assessments paid in full, $3500.00 $50000 down jQ qq month H-4- H-3- six room modern brick home, Very well-buiright near Liberty Park. Music room and living room across the front, two fine bed rooms with large glassed-isleeping porch, making practically three bed rooms; hot water heat automatic with control, laundry trays. Garage and driveway. - 0 $5500.00 Terms - 00 Pocatello Los Angelas . FOB Ql'ICK 8ALE. Four-rooframe, modern, on northeast bpn(.h. worth $2200.00. SHUOW.yu $250.00 down $20.00 month C-- ) : , $4850.00 $1500.00 down $40.00 month 1 $3600.00 $700.00 down; dletrlet $35.00 BU ... rrattlos month Goldfield Cob Kowbb8 Jon bo Bxt . Lmm Star ... SUvor Pick Uoa .... - MB&fcftttBB dlmlcte Manhattan Cob White Capa Graadma ftpearhtad Gold Crsckerjack Groat Bead Mandator ia Cera. took dl.lrlct Hl Virgin i ft NeroroM ON 9TH EAST. Just below 21sV South, a five- room briek on a large lot, about acre, with garage and fine fruit trees. Borne of the beat garden soil in the valley. This is a beautiful home, modern and well arranged. Near car line and school, in good neighborhood. S-2- rNANCISCO K1NINO STOCKS. (As Reported by 3. A. Rogte ft Co ) Coe fi Trade in Your Vacant Lot on a Home H-5- 0 SAN Blu Comb down month one-hal- s. te The Tribune. PIOOHE, Nev., April 22. Ore shipfrom ments the Pioche district for the week ending April 21 were again confined to the production from the Bristol district, one lot of Mendha ore being the further car of only other moved. Astiver-lead ore in Prince Consolidated now toeing hauled to the platform. Tonnages shipped were as follows. Black Metals, Inc.. 279 tons; Brintol Silver Mines, 260 tone; Mendha Mining company, 43 tons. Total, S56 tana -- $300.00 $25.00 $2100.00 Special tteldfield $2500.00 8-2- Black Metals Largest Pioche Ore Producer -- modern brick cottage in fine Large four-roocondition. Situated on avenue near 7th East and 2nd South; a very desirable location, close in. Suitable for a small family. Why-parent when yon ean be comfortable and independent in your own borne at a cost less than rentf 0 Buying a home is as easy a's paying rent if not easier after you have made the first payment. A good plan to follow, where you havent the capital for the first payment, is to start buying a building lot. With this paid for, . the rest is simple. If you. now own a building lot, turn it in to ua as f irst pSymeirt on a home. Hers are a few of our choice listings: A' BEAL SACRIFICE GALE. Brick bungalow, ' only $20 a month. The owner of this home has been out of work for five months and simply must sell His creditors are upon him and he has put a price on his equity that is a giveaway. rooms, plumbing $700.00 down. " Red brick bungalow. Four large fixtures in bathroom all in first-clas- s condition. $20.00 month Buffet kitchen, large eement basement. Big lot with black loam eoil. New public school f "within block; lot all fenced. Possession in ten days. See this at once if you want n good bargain. - CLOSE TO LIBERTY PARK. Four-roobrick, bungalow, located in a fine neighborhood of new homes Beautiful shade treea growing all along the street. Front room contains a cozy firebrick mantel with wide shelf and neat built- in bookcases. Opposite the living room is a stnrty rbom Ir don. turgeretiQuuh. for.a. niana.'nr-tmisi- c. Kitchen contains fine built-cabinets, and the inclosed porch at the rear makes an ideal breakfast room. Full modern bath room,, large bed room and screened sleeping porch large. enough for two beds. Cement basement with shelves, laundry connections and drain. Located in the southeastern part of the city. HOME. First story is brick and second frame.. Located in Poplar Grove. There are six large rooms. Kitchen, living room and dining room down stairs and tnree bedrooms upSIX-ROO- I $1900.00 $200.00 $22.00 stairs. Large closets, an entry hall and small pantnr. Two blocks from the Edison school. One block from car line. Sidewalk in front. Large lot with good lawn. Home is not modern, but has water piped into kitchen. A very good value for the price asked.' Call ps up or come in and let one of our salesmen show you this down month . home. MODERN FRAME COTTAGE. Kitchen and pantry, dining room, living room, two large bedrooms, bath room and sleeping porch. House is in good condition except that the floor will need some repaifflfg. This to be done by the company..Lot panted in Iawa and some shrub-- larv Garage and chicken eoope n- - rear. Paved sidewalk extends round the house. Located la southeast , Only a few steps from Fifth East pavement. A block and half from the Whittier school, in a community where social opportu- nities are unsurpassed. Call Wasatch 686; one of our salesmen will take you in his machine to inspect this home. 0-- 2 $2500.00 $250.00down; $25.00 month ; ForJleal Estate Wants Phone Wasatch 686. , Unices Opblr . , S.veie Sim N.T.di A Uslew L... B ..e.eeeeeeea ToMpak district HMmoet Boy Cuii .... Gtpsy Quhi Jim Butler Halifax North Htar RaartiB Ihila TobotmIi Rxt .,,. .... ...... lkit Wt Othor dtitrtcti-Nrf-tU HHta Roiimd Wts BEAL ESTATE The basis of all wealth . ... Tooopak .... .. Crooaua corrtz NEW YORK rmODVOE. 5It, 10 Me; July. 10.0.V; Srptrmhrr, N October. 9 8!e: iJrcrmbrr, S.7Sc; ,J.B-n.rj- r YORK. barely 8ff April 22. Butter, were r.tlm.trU and Hint. 9.14c. Sain atrady. firm. at .boat Sl.Ooo Eea. ( lircte. ntcatly. Spot ceff. . firm et lie to II iC for Rio Lire and dreamd poultry, quiet; priori T. end 1474c lo 15c for Suoto. 4 taisker. 9 84c; b. WHEAT, OATS AND RTE. MINNATOLIS. April 22 Whet T..h No. l.S5-l.!4- ; 1 northern U.y, l.57i, July. I1.47H. t oro No. S ftUo.,' MtqHSf, Out- - No. S white. 8614 tlJONe. Hsrlrr, . 2tjea MARKET. April 22. Th. market for cof-ffularM MUef 9 te- 9 polirt. iiycS-n- 2. u.nstijir nnUer Kuropr.e tellinp and watterlof May lit), Ii.l No. I. l.79Vk(l.K2S. uldattne. told .ff lo 1 18c, T 10 pol.t. t towr. u4 later .hnwr little fmitiir., FLOUR, liter at onto, tarn. .tc.tllrr after th. MIWEAPOLI. April 22J-Flo-ur, early wlllnp ort.r. bad been abtorbe. millet from S.TSc to S 86r, or T point. te 25 lnhr; family co.rrln .n4 lr.4. buyto. The Shlpraent. SS 507 barrel.. higher,-- , market c!om4 set 10 pelau taww to fir. point. Bran, 22.ao, HKW YORK, ly et 54 50. MAIN ... ... Midway Mob Pits Bit MlSPBh Kit .see, bUeNBtnBPB IHridB IkirobB J. A. Hogle & Co. - iWi - 'V pany for ths year 1921 states that the work of ths twelve months was chiefly confined to development work. Ore on hand, according to Herbert Williams, general'manager, totals 13,600 tons. Thqre la reported to be on ths dump awaittng shipment 219 tone of ore ahlqh assays 4.42 per cent copper. The pest year's work, say ths report, has resulted in the development of an or reserve that will place ths company In a position to make dally shipments as soon as ths smelter resumes operations. Raymond Ouyer, consulting engineer. Is of the opinion that the ore now developed will when marketed more than replace all ths capital spent In exploration of the Ely Northern group. Mr. Ouyer report says: It has now been demonstrated that there are two types of ore occurrence, but to date our work has failed to encounter any bodies of enriched pyrite or product of secondary enrichment. I am still of the opinion that .a high-gradeposit of copper ore will be found below the water level and beneath the heavily leached bodies of limonlte. This question has been discussed with the In due time exploration management. wilt be started from the level. T have made frequent Inspections of the property and consider that the work done In the past year by Mr. Williams and his assistant, Mr. Boyle, is deserving of mention. I have seldom seen so much accomplished with so limited an expenditure. The most rigid economy has been practiced, and high efficiency main-tlneGeneral Manager Williams In the conclusion of his report mokes the following comment: Our prospects for the coming year are more encouraglng. than evsr bcfore.- When results obtained in the Mite hell tunnel are conus red with surface croppings, it is reasonable to expect that during the present year we have a right to look forward to our best discoveries. Wwt Trio $96.00 V- xj kjS&tiXi - s - 226-fo- ot d. at Depth. Ogden i- e, ot FThe richest stopee In the Chief Consota-ante- d mine are those which are below the- - water level of the district, and aa greater depth la reached the value of the ore Increases. , .YESTERDAY'S BALES.' It also appears that the else of the Albina IB at 10c. stopee Is ss greet as above the water. 200 at 15c. Tnanel. Alla In the deepest workings very However, , 2000 at Jc. little prospecting has been done. Em 300 a. at ai From ehaft No. 2 a drift is being driven 2000 at 10c; 1000 at 10e. ilroa King, w est on the 1600 level. This should Inter, Mlchlgaa-rtah- . 1100 at 28c. cept the deposit now toeing followed east 1000 at Sc, from sono No. 2. 1000 at Sc. Quincy, Ae soon as this connection Is made ore lSw North Standard, SOOO at Ic; SOS Oat 414c. now being sent out through shaft No. 1 Silver Kins Coalittoa, S at 12; 200 at $2.SS from tills stop would be taken through borer is daya aiooi. toss at 2c. shaft No. I and relieve the congested conTlotle gtaadard, 200 at 21.77; 800 at 11.90. ditions considerably. finma, 1000 at 9e. The Grand Central mine at Mammoth Is also a Chief Consolidated property and Is IB Walker, 200 at S3 OS; 10S at 22.07, buyer Says. being pushed to the limit to Increase production. This mine la also betng worked At eetlrely under the leasing system. present It is being operated only one'shlft these stopee. containing a vary high almetal centent. Copper, which is per day. most entirely absent from ores on the Eureka aide of the mountain, Is quite a Hoist to Be Installed. source of Income in the Orand Central, .The production la limited to the ca- especially in the upper levels. Ho well has this mine responded to depacity of the hoist. Until Installation of tlectrle equipment Is accomplished to op. velopment since being taken over toy the rate the- hoist, there will be no great Chief Consolidated compnjr that It la ioiprovemenC-Thl- a to aafe liwtaliatlon, edict .within that already pr another, alx - under way, ebottkt-- fee completed within months 'It will be one of Tin tioe largest sixty days The grade of ore being pro- producers, j duced at this mine Is exceptionally high. Stiver is the main constituent, KANSAS 0ITT F10DTTCE. t However, there are at present three or KANSAS CITY. April 22.-- Et. uackaeted.' folir lessees working on gold ore and Batter, crctm.rr. to 41c; packlag, shipments are toeing made regularly from sachantrd. tic. Poultry, klghar, unchanged. Balt Daks City . Special to Tke Tribune. ELY, Nev.. April 22. The report of the Boston A Ely Consolidated Alining com- en missed - . Botton and Ely Outlook for Coming Year Good - It has not upon, years hence, as the best year in your life. .You caii do it all by commencing now, to : own yodr own home. . If you have a vacant building lot or a few hundred dollars irf capital therest i$ easy as Come in and let iis show easy as renting. ' you how. 900-fo- ot Chief Con. Output Increased. Richest Ore Lies William H. Pitta, manager of the Home Run Copper company, announces that the mins has recently been purchased ,by the Bristol Silver Mines oompdny. Work on the Home Run has been continued throughout the winter with satisfactory results, and the taking over of the property by the Bristol company Is evidence of Its confidence in the future possibilities of the territory purchased. The Home Run mine adjoins the Gypsy claim of the Bristol oomsany and nonets of eight claims and three fractions, all of which show extensive mineralisation. Development work consists of a shaft, with levels" at sixty-fivninety and 160 feet. Numerous fissures In the limestone expand .Into replacement deposit and oavea, shipments from which have averaged 8 per cent copper and thirty ounces In silver. A substantial future production can be from the Home Run mine under txpected the- - new management, which has been developin the Bristol property. Operation at' the Bristol Sliver Mines continue to prdve satisfactory to the management. Early completion of the new shaft Is assured. A new hoist of capacity,'1 whipped- - on April i, tahould arrive at the mine this week. This new engine Is a western tvpe adjusted to burn tops. . .Other,. Improve,, mehtt recently added to'the surface plant include an alec trie lighting system and new quarters for the employees. ' The men. pay roll now averages fifty-liv- e Intelligent studying out of the fissure system underground has led within . the post year to the following of the less fissures. In the past development work has been confined to following up of the prominent fault planes. Only recently has the great importance of the narrow Intersecting fissures and their relation to ore deposition boon fully realised. At the present time development drifts are being run south and west from the Tempest fissure footwalt on the lebel. These headings show a pleasing continuity of the ore body In this section of the property. A substantial tonnage of high-gramanganese or has recently been opened up In the Black Metals mine, according to James Quirk, superintendent of the property. Analysis of the product la as follows ,20 of an ounce; lead, .10; Insoluble. 2 per cent; sine, .2 per cent; manganese, 67.2 per cent. well-defin- ed mlne-struc- ! A Home Owner Is the Happiest Man in the Community Make this a year of happiness. The year you have looked forward to for so long. The year the children have dreamed of, when they would be living in their own home. A year when you will free" yourself from the land-lor- quires Adjoining Claims; Manganese Ore Exposed. E A uilappmess- HEW II tWl 24d Production of Chief Consol- - Tintic Standard, Also Rec ; f The-tobr- v w.' 28.5otu8.lo. r.ioriEY $12.50 buys guarantee option On 10, 000 boahak sf irhrat or core. N FwlllsrRIslu A movBMntsf kc from ecrikm fricB girem joq $in opportunity to tBkBf5004e.t400;ke.f900.te, Writs psitleulsn sad Fim ssrkit Uttar, IRVESTOIS IA1LT (SIDE, SoethwNl Brmch A3, 1004 lUtianra iva. IU2M 77, MS, fr M V in ennui -- 5ALT LAKE OTY WARNING! Protect yourself against dishonest brokers Be sure your account Is safe. Before buying stocks or doing business with Irresponsible brokers consult our INQUIRY BUREAU. Our weekly paper costs $6.00 yearly. "Sample copy mailed on ; ' request. r Your Ore ought to be worth marketing. W can aid your sales, handling either large or small lota Ask for New York. . Established 15 years. Shippers R. H. Officer Investors Guide 8 Rector Street. .Or ISO Service" from &Co ASSAYERS AND CHEMISTS For 29 Yen', at South West Temple, Salt Lakt 1 ' - 1 |
