Show THE HERALD-EEFDBLICA- SALT EASE CITY UTAH SUNDAY APRIL 8 1917 N II COPPER POT ONE OVER ©KflLY MINES OF MARYSVALE AS SEEN BY RICHFIELDERS R J Evans president of the firm ©f Evans Morris Whitney company returned yesterday noon from New where in company with W D Ciiarde secretary of the Kansas of stock exchange and an officer city company mine visited the Bullion the Mr OI it rde continued his trip on to Los lie will return to Salt Lake Angeles cn his way home next Tuesday Mr Evans said: “Mr Charde was favorably impression with the property and thought it would be a splendid exchange listment on the Kansas City The camp isa its present quotation at one of the liveliest I have seen Inout time They are shipping long crude about 6000 tons of ore daily the conthe and to $100 from $60 running from $50 to $70 centrates “The Bullion mine is well equipped Besides for both milling and mining handle ltn the company is preparing toshould bed of tailings which give net profit of at least $20000 There alarge and zinc are good showings of lead and an especialtire hod Wes in the mine rich ore showing on the ly large and The management is level level to now drifting on the this ore body making get underneath more economical There are mining men employed The twenty-thre- e now bodies of ore lie in the bedding larger between an upper white lime and a lower blue lime “With depth the ore bodies Increase Jn size as was the case with the Yellow Pine The ore and ore bodies found lit the Bullion are so far identical with management the Yellow Pine and the of this hope to duplicate the success famous property They are also idenproptical with those of the adjoining prothe Anchor which has a goodstockerty duction and is doing well for its Good-sprin- 140-fo- gs ot 200-fo- ot holders” One of the best unpublished mining In regard to present operations at the stories that has come out of the fa- Florence Mining & Milling plant at mous camp of Bingham in many a day was told recently by an old mining en- Marysvale constructed for the reduc- gineer who apparently knew whereof he spake lie said that about two years ago officials of the Utah Copper noticed that their railroad company over on the Starless side of running the hill for the transportation of overburden was gradually sinking This was at a point under some of the vast ore dumps of thistolow grade copper and the famous Mascotte adjacent tunnel which was furnishing all the ore that was going to the Ohio Copper mill at the rate of about 2500 tons dally At first when the track began to sag Superintendent Shilling filled in a few trainloads of waste rock and let it go at that In a few days the depression was greater than ever and the trains had to halt at a brink Evidently the weight of these hundreds of thousands of tons of overburden had caused the hillside to cave Energetically the to fill in at first superintendent Hut this proved inoverburdenbegan with as it was dumped adequate for asinfast a tunnel shape into it disappeared the recesses of the earth Then the astonished superintendent took the bull by the horns and began a systematic and vigorous dumping in of great bowlders trees and everything of size available Yet the stuff continued to down into the inexhaustipourmaw the earth ble steadily qf men are said Then the Utah to have “smelled Copper a mice" The storya Is that an investigation proved that from the drift out on the Mascotte tunnel and an upraise had these great dumps of overburtapped den The report is that tens of thouwere tapped sands of this in this way and drawn off through the Mascotte tunnel and treated in theeven big Ohio Copper mill at Lark before aware of what the Ohio manager was was going on About this time he discovered physical evidences of surface 700 conditions that were impossible at the feet under ground Simultaneously Utah Copper men "caught on” and this easv way of mining was brought to a sudden termination This overburden contains about 75 of one per cent copper or about the same as the Ohio Copper hard quartzite ore and being of softer or porphy-retl- c excellent was character mill to the Ohio bringing profits Manager Kidney was a new man at Ohio Copper and he Is said to have been more surprised at the revelation than anyone It was a slick way aof the miners to furnish the mill with huge expen weekly tonnage atbuta minimum n maximum disditure of brawn play of Yankee brain ingenuity 700-lev- el low-gra- de ' PREPARES ON BIG ONES I the r Jensen the general manager of 'alifirnia-’o:nstoc- k Consolidated last night that the st Park Pity Ustated was thought might in-of riads which for it coupleand terfere with were shipping weeks jet rapidly drying A large amount of addinow passable tional equipment In the way of mabeen hauled to the property chinery has week This is in addition to the during some JliiuOn worth of equipment alThe big boarding installed ready on the property being overhouse hauled and the mill whichis has a caof 12f tons daily being put pacity in the best of condition he says He now men has a Mg force of working In Die different portions of the mine and continuous that ore shipments will be is looking lie statesandthatthatthethemine financial condisplendid that its tion of the company is such with all the development will continue force and equipment that it is possible to employ An official of the company stated that engineers’ reports last night 10000 tons of ore are now showed that in the 250 level that will averexposed ore is age around $25 a ton While this will the company being shipped which should reach conthe tinue the shaft Crescent lime ore beddings in the next 200 feet and the bonanza beddings Coalition from which the Silver King 1500 feet next is now working in the DO TO 5MJELLS “Manv ves are now centered on the TV coining oil fields In view of the decin that the demands laration of war heavy of the navyVei--will be unusually on a heavy drain anil the There has the east rifs'llnlng fiel'lsi of the have come into jlockv mountain states the limeliKht as oil producing tate ns it is declared by experts that they of petroleum contain potential sources which must replace the eastern Infields the Utahns are largely interested said A R Carsten-se- n Wyoming oil fields” treasurer of the secretary and Oil company yesMontana-oniing idea "I'civ persons have any terday in those of the extent of oil fields were :!2n acstates A year ago there the state of tive producing wells in more than 40 there are Wyoming: now let by and the past week contracts were one company for the drilling of fifty-tw- o wells to reach the second is Wall the creek sand creek sand Wall the lighter oils sandstone from which are obtained Thy name was derived from Wall creek a small stream west 'S j !' ji of the Salt creek district near which the sandstone outcrops Shannan sand from which the heavier oil is obtained is sandstone the outcrop of which surthe districts rounds or encircleswhere wo have our “In the district developed one of holdings has beenwells 40000000 feet the greatest gas of oil In the year a3 day and the output 915 increased more than 4 7 per cent The output over the year preceding pracof oil in Wyoming in 1915 waswas an 450ooon barrels which tically the year preceding of 19 increase over 76 cent and per cent greater than fier output of 1918 The correct figures not yet obtainable but for 1916 are was the output considerably larger than in the previous year ’Fart of our holdings are on the Rawhide incline in Park county and second well of the PrudenadjoinElktheBasin Oil company Kor the tial of the output in the Elk basin handling there is every facility in the country wav of pipo lines measuring tanks storage tanks and what is best of all a ready market for every barrel that can be produced” yellow Spaying It is reported from Goodsprlngs dividend that the thirdon monthly S the Yellow Mine Nev of cents a share stock was distributed Mining company This amounts to the past week $30000 It brings the total dividends up to nearly $1000000 9These monthly to cents a share dividends amount Last year every quarter or $90000$800000 or 80 the company distributed on the 1000000 shares cents a share in the company IS tion of the alunlte ores and separation the into potash fertilizer and aluminum Richfield Reaper says: “The visitors mill in company with a Inspectedofthe others and were shown all number Instead of the through the propertyexperimental plant cheaply constructed they foundsu-a they expected to see which for mill splendid construction and periority ofcannot anywhere efficiency shows be beatenpermanency solidity Everything and an eye to the future The construction work is firstonclass an ideal side “The mill is built mile south hill location about one-ha- lf of the D & R G depot The Florence the railroad company has extended the mill so their product is track to loaded on the cars It is a gravity mill andautomatically is as everything as near automatic possible From the time the ore is dumped into the crusher bin at the top of the hill in its pasthe crusher the kiln and sage through other machines to the railroad cars it is not handled again “The present of the capacity to 100 tons mill is from 80 roasting a day but Mr O’Brien engineer in charge of construction assured them that the splendid big boilers the mammoth Corliss engine the air compressors coal pulverizers coal dryers etc with which the mill is is ample to take care of two equipped more kilns the size of the present ones thus enabling the company to triple the capacity of the mill at comparatively small cost “The arrangement of the machinery and the Interior of the mill impresses even a layman with the workmanship of Mr O’Brien and his assistants machine is set on a solid conEvery foundation crete The floors of the mill are all concrete There is an abundance of room to get around all the machinery from all sides in short the whole plant speaks for economy and efficiency “In the mill yard at the tip of the e hill is a big store of alunite ore ready topilebe fed into the mill It is reported by those in charge mine is in excellent that the company's condition and that there is enough ore up to keep the mill already opened to capacity for years to running come” up-to-d- OTHER CAMP NOTES from Rico Special Colo to a cerrespondence Denver Journal says: “The Wellington company has recently eneounterd a large body of lead ore such as sliver carbonate was common on bearing C II O hill in the at the rate days and is early of two cars per dayshipping from it The first three months of 1917 have been very prosperous ones for the Rico district of Dolores county There are no idle men in the camp and all prop- erties are working and shipping ore are three times as large as Shipments for the same three months of 1916 Late last fall Mr George W Avery The Colorado Alunlte M & M organized to and company exploit the potash near Calico aluminum bearing ground Peak at the head of Horse Gulch Work has been carried on steadily during the winter with very satisfactory developments and it is reported that several prominent experts in these metals who have recently visited the property for purposes of inspection were highly pleased with the outlook and had reported favorably uponofthe proposition The development this means much to the Rico districtground and to the state of Colrado as it is the beginning of a new industry that may prove vital to the future of a large nation The national govpart of the has been conducting a search ernment for potash deposits such as Germany possesses without success and it is now a recognized fact that if the United States ever is to become a producer of be from such potash it will have asto occurs of alunite at the deposits head of Horse Gulch Much Interest is being shown in this new and promising effort locally to develop the local resources of the camp and many local parties have pledged financial aid to it It Is understood here that the main backers of the company are certain Denver and Pueblo parties UTAH COPPER AND THE nd Ken-neco- tt H CHILD & CO MINING STOCK BROKERS Stock Ex eh are Bids Salt Lake City We Solicit Your BUYING AND SELLING Consult with market ORDERS us regarding Ask for our Market the A COMPANY THAT IS DRILLING FOR Directors of the Knight mining comhold their monthly panies will It is at I’rovo on regular Tuesday declare meeting that Iron Blossom will expected dividend of 10 its Some think the Dragon a sharequarterly centsregular may come forth with another Stockholders in the Rico dividend be surprised to Wellington would notannouncement of receive the pleasant a declaration of 1 or 2 cents on that St 150 stock the coming week or a month hence anyway The Iron Blossom'g last dividend of 10 cents was distributed January 25 consisting of $100000 The Dragon Consolidated paid its initial dividend on 20 which amounted to $18750 January When the Rico Wellington putout its last report someontime in February it hand It is reporthad $17000 cash ed that the company has been shipping then one report being heavily since more than $30000 of ore in that it had transit and unsettled for at one time the Under special arrangements holders of about 500000 shares Knight of the Wellington received dividendsad-of COUNTY MINES $150 000 to reimburse them for the vance purchase price of the mine and 0 from now on until something like is distributed in dividends to the holders of the other 500000 shares More mining activity is shown now (now a sort of preferred stock) the like ever before in the vicinreceive something than latter will of the distribution while only ity ofprobably Moscow Commonwealth the d will go to the Knight Monitor and other about in the producers holdings according to reports south part of the Star district accordto word from Beaver county The ing Is shipping steadily and the Moscow AS FOUR new strike on the 1400 is still attractingTheconsiderable attention to Monitor continues ship a of ore Jn March the large tonnage numbered 16 carloads in FebSEEN IN B0ST0NT0WN output 15 and an equal amount in Janruary This makes 46 carloads shipped uary in the first quarter of this year The cars average about 40 tons each makRelative to the Chino Ray Inspira- ing 1840 tons in 90 days shipped to The ore carries lead silver tion and Anaconda the Boston Com- smelter mercial comments editorially as fol- and gold and averages $15 to $20 a ton Some of the better grades recentlows: “Chino produced 6572106 pounds of ly marketed carried as high as $10 a In February comparing with ton in gold according to this report copper in January This com6452154 pounds a stride have struck pany appears to 80000000 Alta Roads Are Slushy at the rate of pounds anwill be nually and this rate probably maintained until facilities have been From Wasatch to Tanners to Increase it providedConsolidated produced 7177898 "Ray of Roads up Little Cottonwood to Alta comparcopper In February pounds warm days is with 7767663 pounds in January are rather soft these ing which contained three more days For the report Manager A O Jacobson of five or six months past this company’s the Sells received from camp Between has been maintained at the rate Wasatch and Tanners Flat particularoutput of more than 90000000 pounds annu- ly are the roads getting slushy From and there is a good prospect that there into camp the sleds can still be ally it will sliow a further important in- used to advantage The Sells contincrease soon ues to ship some ore The South Hecla Ray stock should be Michigan-Utah and Emma are also getbought for investment ore down but under difficulties directors declared have "Inspiration ting a regular quarterlv dividend of $2 per share It is payable April SO calls for Notes and Personals the disbursement of $2360854 and will make $925 per share or total disbursements since organization of $10189-35- 8 from Rico (Colo) are that Reports of $2 paid a dividend Inspiration Rico Argentine is able to move in January and a total of the this year but little ore to market these days on Its Initial dividend of account $525 In 1916 of bad roads $126 was paid in May last year C C Daly manager of the “Anaconda directors have declared a dividend of $2 per Mining company has regular quarterly Los Angeles where he same amount as was disshare the returned fromsome time The company tributed in February This divdend is has been for May 28 calls for the disburse- is having the property patented payable ment of $4662500 and will make total The application of C S Herzig as a this company since or- member payments by of the mining exchange has of $125774789 which Is been accepted and ganization to he appear on for $5395 equivalent each of the the mart Monday Themay of application 2331250 shares now outstanding Ana8 Pond will be acted on favorably conda paid $7 a share In 1916 its pres- SMonday ent dividends are at the rate of $8 anDunbar has resigned as one nually Its current profits should be of Horace the board of directors of the mining at the rate of $24 per share running For personal reasons Mr a year" exchange Dunbar expects to move to southern California in the near future South Main Office Open 0 a m to 0 p m Every day Sunday ds one-thir- !lt To make much from little i BIGlPPERS Gold-strike-Virgi- ore-liauli- 200-fo- ng BIGGEST RETURNS approached" $50-00- Sawtooth District Has More Rich Copper Ore are Lloyd Cropper and Cal Cropper and up from the new Sawtooth goldforty-fivcopper district located about in Mi- e miles southwest from Oasis llard county They just returned from district where looking overa the new ore shoot of theye opened up One of their groups they call the Big Fish ll Ii New Tuscarora mining Company Which is now offering subject to an advance in price or withdrawal of offer without notice 25000 Shares Treasury n Stock at 15c Prince Con Shipments 3100 Tons Past Week Shipments of ore the past week from the Prince Consolidated Mining com- o pany to Utah smelters totaled sixty-twcarloads The cars average fifty tons making a total of 3100 tons for the week This is compared with fifty-tw- oo cars the previous week and sixty-twthe week before The Prince last0 Monday 5distributed a dividend of or cents a share fI We do not believe you can do better than to secure some shares in the c ot i lA n A SHORTAGE OF SILVER threatens the world hut the management of this company believes it will soon be producing silver in large quantity and that as one result its stockholders will be the better PREPARED TO FIGHT THE HIGH COST OF LIVING as well as all other foes BUY NEW TUSCARORA shares NOW The officers of the company GIVE THEIR PERSONAL ASSURANCE THAT THEY BELIEVE THEIR PROPERTY WILL BE A SENSATIONAL PRODUCER OF HIGH-GRADORE AND A BIG PROFIT EARNER THIS SUMMER s x i A E IT WILL PAY YOU TO INVESTIGATE The merits and lug possibilities of high-grad- Now is (the time of opportunity when many active stocks arc selling: at low prices They will be higher soon and investors will make large profits and Industrial Record MiningAN Oil INDEPENDENT NEWSPAPER Will tell you wliat when and where to buy mining and oil stocks of merit IAUPLB COPY ON REQUEST Oil War meafis HIGHER COST OF LIVING and that you must invest your surplus money where it will bring the “The spring thaw is now necessitat- BIGGEST BOOM IN MINING AND OILthe WORLD HAS EVER KNOWN lining Var Times Mean Need for More Money P Thompson of tbe Emma Consolidated at Alta reports as follows: A ing work on the roads up Little Cottonwood canyon so that from the mine may be continued durof muddy roads ing the coming spell Svhere snowslldes have crossed the road during the winter great banks of snow must be shoveled before tbe buried roadheI Is reached and the Warm earth bared for wagon hauling in snowbound weather in springtime Wasatch range mountains such as the near the Emma mine means a rush of flood waters down the canyon streams a thorough soaking and softthe hillsides by water from ening of snow and almost impassable melting roads during the muddy thaw At nighttime freezing temperatures spring In the mountain canyons and prevail to haul the Emma ores it is proposed roads which at night over the frozen turn into mud during the day “Ore of better grade continues to in the appear with added development Emma bonanza In No 2 raise which follows the Emma ore body upward level of the Bay from the City found gratify-ingl- y shaft the oreas has been the Montezuma fault Is richer SET) Here is your best chance $200-00- two-thir- 1 Salt Lake City Utah p in to 5 p m 3S5S BEAe Members of the governing board of the Salt Lake Stock and Mining exheld a special session change yesterday to consider the matter of raising a fund to carry on a publicity campaign in the interests of the listed stock a A committee composed of R J Evans J A Hogle and Irving Lowe was appointThe following quotations are from ed It is expected to solicit subscrip- Badger Bros’ private wire service: tions This will be done particularly minamong members of the $ Muddy way to work —Till Means Something to Yon Either eonic to the office or write or wire your application for stock Be sure you come to the rightoffice It means the truth and facts if you do BLOSSOM-DRAGO- N Publicity Fund Will r Company k ' AND NOT A WILDCAT STOC K SELLING SCHEME $16000000 exchange and probably from busicompanies ing ness men who are vitally Interested in the mining Industry It is expected to first cultivate the Kansas City field and probably have the dally quotations in newspapers both east and published west The matter of using the $7000 fund of the exchange is being held In abeyance for the present 1 T Be Committee’s Work Telephone Wasatch 328 19 Tears la Business Well No 1 Down 1700 Feet— Expect Oil Aimes Any Day Welt No 2 Will Begin Drilling Next Week Well No 3 Rig on Way to Property at Greybull Wyoming Oil Fields to start two other ri£s to Salt Creek and on his President of the high-grad- L Walker of the to stock Is being sold by "Utah a great Copper many small speculative investors who have formed the opinion that the purchase recently by the of 200000 Copper corporation more Shares detracts in some way from its value or speculative attractiveness The fact that Kennecott directors have demonstrated by their action that they have good and sufficient reason to believe that l'tah Copper is the best investment they possibly can make for heir corporation seems to be overlooked entirely by some of the small holders of this stock As a matter of fact there has been an endorsement a confirmation of the repeated claims sharos are worth a that Utah Copper very great dealhas more than current What happened should inprices crease the investment popularity of Utah Copper stock “Kennecott stock has been acting better of late Jts heavy purchases of Utah Copper shares cannot fall to this corporation very$16000-00greatstrengthen 0 ly It Is6 said to haveto borrowed at pay in part for per cent Neiv York Curb Stocks This will call for inits purchases The of following quotations are from terest payments $960000 per year The amount of Utah Copper stock that Badger Bros’ private wire service: can be purchased for $16000000 will Kennecott dividends of $2000000 or $1040000 in excess of the ayield year amount required to pay 6 per cent inof notes” terest on George According Boston Commericil: Pay dine © Company ate all-rou- IRON E BODY ORE ©m dime iSIEi and Industrial Record Salt Lake Cltr Utah Mining Exchange Building V THE NEW TUSCARORA MINING COMPANY 410000 Shares in Treasury Capital 1000000 Shares W J CRAIG President J R AUSTIN Vice President W J WOLSTENHOLME Secretary-TreasurHoorn 230 Atlas Block ('alt Lake Citv Utah er fifiSI Tilt-- : UK ST BUY IN THE MINING S1IA1IK MAH1KT IS Deseret Mountain At 10c Per Share Deserft Mountain will be listed on the very soon and on its merit should command 30 rents to $1 perexchange share with every prospect of making a mine and as suen it cculd easily sell for $5 per share A few shares big now available at 10 of treasury stock from first offering cents per share subject to withdrawal or raise without notice Get full information at office of company DESERET MOUNTAIN JUNES CO 409 Atlas Bldg Was 2999 y |