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Show iy t 24 Frl li of ' h In tlw mvk and entered suffice at Eureka, & p f let planning. ing if you tlisir to rearli the people of (he Tintic PM riel. Tlte Importer the loral flrM in second-cla-- is Cl ah. SubscHp-- lil matter. I rolnnu XX . EUREKA. Said To Standard Stock View Co. jit Recovers Rapidly From Slurcn Be After Yankee Cons. 4 COUNTY, UTAH, EK1HAY, HI Yii.MliEK Even in the fae Lf a p0 -- o, Mackenzie Advocates Extensive Use of Silver Ui'liiM - - K i llmruiiKliljf and our advert king hrtnica rcMulls. m A. .UTAH 1 a'l'tii til of lli .ler - fh- l2L Number ztAmUriX . vl. 7 Metal Market Is . ! o In Excellent Shape tposcd Kmplo ees of the Tintic Standard linrw.l amount of these coins as an nilno morn-inresume ork mil in the ,,.r j.i ;,u i ia,i auxi.:.ir to paper currency. after u throe d.; vocation far ii M.,cke!Un scoreshows t t.a l ihe hank- - I'lii iiiUius. Tlii lu. miiitf was rlos-- j Outlook more promising than ( Fa. l u. i i oa,eer iif lini Am-- , of f r.iiu ih' fedI'uh .iri oil down mi We luesday marmiiH and i : " it i'i'ir' at any time daring the year; Coopera- - oral reserve hunk on iiiiiuiir-hiiRlmany of t!u Dividend nslJ(n;, I: if the So.; .a s . branch of th.' small numlnr of iloila;- in i had climbing and copper .1 hank lies boon secur- comparison wi:!i the total omosu.i oi spent I'hristnuiM in other parts oi ed la i iX'iM th.r it will supply, iiitmev a..r l''o!i hanks use. 1 ia i !lhi' shows greater strength. As a rasult of the holiday i i.tl Ini'll i r ti.illiO, s'.ior to lla'l lias llion for i!i. i in., years o h i'i.i 'i:;hou: Hu tie Statularda weekly sliip-nr-- t.iU if of t! ivir prod nr t ii.iiispiirtauor.iny. NEW llec. 24.- - The ap Yoltlv, :0111.1V than usual. lighter iharjes pii'i and wr f, rl that this siai,, :mpos,ii. pinion o.ii bill;; holiday s had a peuepiible pi Im Uf.iMiry Hirnt," savs should uo( onl siipplruiriit the rani-- l,,u,uut,ttjt to 34 carloads ns acainsi el uu le.isi.iess lu tho iioiiferroua feet Mr. M.n sen, io s lr:ii'r, "is so; lint; an , pairu of tin y oyeriniioul fiir the' norniitl loiiuaye ol about S2 car r 'i1 w Pa5S exPecxea Old cu11 into hands of newly organ13 . ' m nee .V) VA lirlp jou In your advertis- n . .ir dollar ties a:-- a. n .ii.iii'il in a ; '.i"- -1 - ! "u . i; i . 10 restore a & I Jfi' r , s !', 1 , - tv-er- St lny-nf- so-e- ra o the past week mg t silver dollars in sake of the adva.i; if.r which, as fi,c ' ' part for the parnimit tf its own ein- - retary Mellon points out. w.ll ariTa11 " ' .lid is i I to the pioy.ri but also shoal and thereby Im rrase emplovmeiil fioverumeiu. ur.aiy mii.r yovern mmm o' -i,iUo''tos me holiday season ment depart men is in lake like an example to other s.ates for ,Tlier. are several thousand unein-u.there should be the usual amount rampanie. no doubt The treasury department ha i pat riot ie and also for seir.sh rea Mountain ie7 tradinj, ani, Hf , the corporation: bof.-ploy ed men in llm state today, many Ing pr.v found that the upkiep of paper sons. i whicn now owns ',for thia anJ 0Jhep hUh of whom are miners. ining company, r il( pr;(lil.j mmiiy costs the govern tneiit about 'It is nut necessary to point out I'or the reasons given. feel rx.iMiple by us'iiy; - SrIES!-- ! ' ne-'n- ot !. . r nietal market darlUii tin lusl but hero ua-- i no down of prices. On (ho other hand, prieei of all the meula are now higher than a ueek ao. Strength in tho London market, which udvuncd daily, wuu chiefly responsible, although ,.rs would he In no mood to cut feu-days- I . ! I :: vtU;" am. It may be a formation on outo fdven the dentood that hfois holdings the bluk uke place during The claims ,i5 company are by the property of mouey- - Th rll,'n1 advances ,lhe prl0e f lpad havp ITinkee on the east and a lot to the earnings of tho Tintk (while the Knight people have claims Standard as well as the oilier pro Ithat adjoin the Yankee on the Bouth-Icasducing properties of this district. the1? 1o,1 rmcomnanvadJoina wnrthmut.l111 L - amounts of paper currency at an an-- ; tho silver situation. 2S.OOO. The use of; ni,al v,nK of is to the direct ndvataBe of the silver dollar is not an innovation pH the people of the slate to tak It has merely lost its place temper-- , any feasible steps that will tend to arily in circulation In certain locali-- ; increase the nielal mine operation! ll The Yankee Cons, ground has produced a large amount of ora. It was one of the consistent Godiva Mountain shippers of the dy Tintic for many years and liection of lit I la natural to suppose that quits pound yet contains a lot of ore. lhe western section of the companys the has been ground the most productive and most of the ore mined there came from levels a few hundred feet below the tunnel level, lor u short distance above the main tunnel. While the company has s deep working shaft commercial ore jhu never been found on the lower levels. During the time that Lewis I Imiuirien mliiillu wont. of the mIIvc at 14 that the nm y In ship-me- furnui'OH ii nil linvo I In , nt i. equivalent of two months' fnrwurd production sold. Foreign demand has been Rood uil week, Hit hough prlciH lmvo held in cliei'U sonu'what. Tho inur-kIn Kuropo yesiortluy and today has hern 14 and 15c r. 1. (. Average priro for week was 14.47c. !. The official emit met price of tlio' American Smelling A Ueflnlng coin- puny fur loud In Now. York was ml- vanred from 9.25c to 9.35c on Thar? day, Doceinber 18, nn1a further nd van co to 9.50c wua iniiiie on Tuesday, r DecemlM'r 23. Tho out hIiI-- i market continues substantially above ' i3 . con-siinie- rs I ' et An vj v A 7-- 3e - superintendent of the campaign of de- . an extensive mins ( 7-- up to this time Xwrimsn was iiior so lil ou Tuos-dath 'ual anil Onlay dollars as Indicated facilitate mak- Hint prli-i- i i K,ii,,i'Uy tiuuloil by all ing change and red ucoh (ho liability w'llom fur firm tiuurlor ilolivory, of mlntakoH, as the coins uro much Hinull lounaKra of Itocnnibni easier to lmndlu than tho currency.1' ropper might ho picked up for near Mow York at 14 r. Still tho volume of bunlno for tho wook lini! lnoii MiitlHfailory, ult liotmli not Hourly so largo a was reported last wok. Many produrorn rould linvfl sold nun'll inoni had they hud tho motnl uvuiluhlo. Kotuo refiner-io:- ! uro shipping copper hot from tin1 Indicate r work was conducted velopment through the deep shaft, work being taken np on various levels down to tho 1500. . T View Stock Monstain the smelting companys quotation, though little business is being done ill-- Listed on Exchange Mountain View Mining com- which is a consolidation of the Xqr Day and Uncle Sam properties fc this district, was listed on the Salt Lake Stock and Mining Exchange on f Monday. The company " ' l,r5'-i Lyon, is Anaconda, Mountain Little Ben, Uncle Sam, May Dy annexation. Mill Site, Humbug t1 Inez and May Day and Cora fraction. Eleven of these claims View, j " patented. Ths development consists of ap Proximately 1,500 feet of shaft, MOO feet of tunnels, 1500 feet of eu, 2000 feet of raises, and 3000 t of crosscuts. Properties hare been shipping Past 25 years, making ap-- ! 101 Ornately 12,000.000, and at 40,000 tons of low grade gold, UI!r- - Ied ore is In sight. Officers of the company follow: D,ck President; G. H. Dern, rwident; Fred C. Dern, aecre ' . and B7r8,urer and George F. Took Sherman Arm Wasson, direc- - Another erfcB feltinS today a , to 23. The Am Refining company of lead ftthe Pri cents per pound. Dec- - wll.!tad7 advnce of lead to a ar peen much satisfaction in ths T difig U der?itr,Ct. WhCre U 18 8hed of prosperity and ,otivity la any of the watched !! he came also of Ttah applies to m meU1 'ietmuidab4 fP th r und"ttsrLl? exceM of the Iup . reign market Is onus "J rcng. Jsae I.,- u - Aagtt,t prce waa reache4 W6nt t0 11 cents sV'm?1 that ,isure un Prlce ia nearly double aot only means but also operator he , ,, miner 91 lew and producers bore- - Producers of low trvje r yeaRMng s that profits from; 6 heretofre not worth k!PSing. toV i -? iPrice ; '&&': ft SS3ZS3JiA Tliis is the last issue of tlio Eureka Reporter for the year 11)24. When the next copy of our paiier reaches its readers the new year will be with us ami from all indications it is not going to be a bad one for Tintfc, or for the mining industry in general, in fact the year holds out great promise. Mining is on the upgrade once more and most of the mines of this 1 state ought to have a prosjierous period during Wo. The outlook for lead was never better tint present price is one that admits of a splendid profit and of many old time ought to mean the rejuvenation lead producers silver seems to have a good future Euroand a better copper price is predicted now that out of the tangle that pean affairs arc slowly coming of the World War. has existed ever since the end GS Silver really ought to be wortli more money than in to 70 cents an ounce because there is little profit but a district like Tintic mining it at such prices, d ore can j?o that lias a combination of lead silver metals. If lead under existing prices of these ' and silver were both selling below normal pries but the metal market is things would V different, manner that the prosper usually balanced in snch a not seriously impaired. ity of onr district is and sonic of iN Tintic is an old mining section for-war- Jump Early in Week T0RI CrV77 - capitalized for 11115,000 and has about 650 stockholders. lig claim.! are the Humbug Little Uvv 3LJLJ The Puny, out-t- here properties are undoubtedly wearing taken out nothing of a limit to the ore and once it is Tintic mine has un value remains but as long as a is no reason to look upon U developed ground there as worthless. Xew metallurgical and make valu-come along m due time material that the lar-- e deposits of low grade mines uf this district, or are no being left in the will open other valuable deposit ts the fact that look, best to Tintic iople not penetrated our deepest operations have yond the Cor,-- and Grand Central. min a lot of important Tbo voar lfr4 has witnessed ore developments, the orworth, this district-n-ew ; X S2tt& S be-th- at S &eef VdeXfn giininitioii of new ciimpanics, the eoiislruHion of an immense milling plant ami tlie breaking of, all in the matter of earnings ami dividend by ihe fatuous Tintic Standard mine but there. arc many reasons to believe that lDJ.i will he even more important and especially in the matter of ore di'jclos tires. Before another year rolls arouml wc should have a number of new mines because prospecting has reached a most important stage in various properties Mich as the Iron King, Ajiex Standard,. Eureka Standard, Hntus and others. Then there is the work going on to the north of Eureka where a few month can bo expected to bring about important changes. Tintic should attract a lot of now capital dur ' ing the next few months. Many people who have been watching closely and are thereby iu position to reail tho signs of the times say that the eastern end of the district that means about everything between our older miiiefyiml.the Tintic Standard, as well as ground both north and south of such properties, as the Iron King and Eureka Standard is about due for a general revival. Investors are picking up stock in companies tha for years have been inactive and tlii.r means that the control of some of these properties will change hands and some times such changes are quite lieneficial. Then some of the big financial men in the mining game are sparring for a foothold in Tintic they have decided that the district has a real future and they are anxious to get in while there is a chance. An example of this can be found in the transfer of two or three groups of claims to one of the big mining and smelting concerns that up until a yar ago never gave our district more than passing attention. Generally speaking new years have not meant much to Tintic because one year has been about as good as another. There has been no serious break in the districts prosperity. But when a lot of big things have Wn planned for a new year, which is now the case, we feel like extending a warm welcome to 11)25. rec-mil- s ., " at tho premium prices. MohI of tlieae snles liavo been on the basis of 10c, ; New York, nnd there has been little disputation to quote higher prime J Inin iliis, oven in the lust two days after the second advance in rontrac; ,. price. Leuding producers in the middle west continue to quote ',4 c. under lie official New York price, althoiih having only limited tonnages avail How- - ; utile for regular cuutomers. over, the tonnage thus released Is some what greater than it was, und. with consumers less willing lu pay ... the high prices quoted by (Ahern, , the level set By this producer is hnvIng morn Influence in viabiliziog the I '' 'll - murket. In the last two days nominal quotations of 9.90c, HI, IO'iis, have been made, but the business dona at tlii-i level Is extremely, small. Foreign fh.'ijiund has been excellent all week. chiefly In Europe, with prices daily. Dumostic consumers, while willing to take all tho lead they rnn get, have possibly not beu quite so InglHtnnt in their demand in; tho lust few days. There is little incentive to buy lead, except from hand to moulh, at current prices. Average price Jor lead for week: New York, 9.50c; St. Louis, 9.283c. : . , Silver The London and New York markets have declined during the wen It because of the absence of buyers ow- ing to the approach of the Christ-ma- s holidays. Files Suit to Collect on Imperial Lead Note suit to collect 780 from the Imperial Lead Mining company wan Wednesday filed In the Third Court by Jessie D. Russell. W. Mont Ferry is president of the defendant company. The plaintiff charges that a promissory note for $780 at 7 per cent interest was executed by the company In his favor for value receive 1 on Dec. 4, 1923, but that no payment has been made. In addition to the principal, he seeks the interest and $200 for attorney fees, A Dls-tric- et o- M 1X1X0 MEX - VISITED SALT LAKE President Walter Fitch and Manager Cecil Fitch we;e In Salt Lake during the latter part of last week, going there on business for the Chief Consolidated - Mining Co. o mining- - news,' stock Additional sales and ore shipments on page 5. ' . , '' :i |