Show V Ji‘ ? y t Sw ' - V THEHEBALD-ESPUBLICA- “e-Vi- ' i SALT TiAKE CITY UTAH THURSDAY AUGUST 2 1917 N Railroad Net Revenues rm’n' OIL AND-- ' GRAIN AND LIVE STOCK " METALS BUSINESS ON MART BE INSPECTED STOCK M DKT0 J28524 Business on 7 the : mining exchange from yesterday dropped off perceptibly up its big day Tuesday which mounted deto more than: 868000 There was a crease of 885000 Columbus-Rexa- ll continued the - feature i It opened: at 8160 receded to 2152 finally rose to 2162 and closed at 2157 1 bid with sales of near 10000 shares It Is said that the shorts were piling ' up- more grief for themselves yesterday advanced to 29 and fell back to 27 cents' West Toledo was pushed up to 18 cents Poor old Uncle Sam came across at 21 cents It Is said that its name should be conspicuously changed as during these war times nobody wants to see “Uncle Sam' so dispirited some rather call it “Flits’ just now Sales yesterday totaled 78682 shares valued at 22852425 The official clos and sales were as foling quotations lows - expected to show possibly 7000000 pounds Colonel Jackling and party' consisting of President MacNelll of the Utah and others are expected to spend some time looking over the mine at Bingham and the mills at Garfield While the June production was a little less than pounds it Is expected that July figures maytopossibly reach that figure the Utah Copper George Relative L Walker of the Boston Commercial pays in the last Issue: “Utah Copper is understood to have earned during the first six months gt this year somewhere between 810 and 812 per share for Its stock Its production costs are much higher than formerly due to the advanced prices l supplies raised wages special taxes in the state of Utah and excess profit taxes Also labor efficiency has decreased' These ' conditions should ‘ be regarded as temporary however and it Is most fortunate that they have been visited upon the company at a time when its product is commanding an ex- high price ceptlonally ' ‘There Is every basis for the belief that Utah Copper will be in position to dividends of 818 to 814 per share pay ' annually after conditions return to normal and that eventually it will be able to advance its present dividend rates even should the metal sell as low as 15 or 16 cents a pound Of course the special taxation of the war period will be added to expenses in accounting and this may lead many to assume that Utah is no longer a low cost producer As Its operations go on hcwever Utah's expenses In man power and- materials Will decrease and If wages and supprice levels plies get back to former will produce its the company eventually copper at a cost of 5 8 cents a pound "The recent decline In Utah Copper fctock has brought It to a price level at 'which It should be very attractive to investors An average future return of at least 12 per cent seems reasonably assured Dividends of 12 per cent an20-000- - ' ' Mich-lgan-Ut- ah ' BEIM 1400 SINKING Supt G S Wilkin of the Moscow Mining ' ' & Milling company returned to Beaver county yesterday after several days spent In Salt Lake He' reported the new deep level of the mine respond-- ing very satisfactorily to recent work Shipments of ore 'are being made' from these now and they khow a good grade The Moscow ore brings of lead-silvaround 81600 to 21600 to the car In order to further develop the new ore body or extension of one of the old stopes oh the 1400 level a Wlnse is now being sunk- This' is ata point' where the ore appears to be going down The wlnse so far Is 'all in stronglyore and the grade is reported good a total of twenty The Moscow-shippecarloads of ore In June estimated at 1000 tons' The July production was cut down to' twelve carloads or: about 600 tons owing to the usual disorganisation of the forces on account of the Independence day and Pioneer day cel-to ebration' However it is expected make a 'heavy- production - during- the month of August! er - - d - of-al- 300 - FEET IN BEOS Union Chief has pushed Its new wlnse down to nearly the point below the main tunnel level and a streak of more than-a- foot of iron ore is coming in the bottom is the report Manafrom ger George I Bemts brought up Some the Santaquln district this week of this same iron ore 'was being thrown over the dump until recently It was sampled and shown to carry 10 per cent The wlnse lead and 5 ounces silver has been showing ore all the way down Some places it Increased then again when the' bedding dipped away from the course of the incline stringers continued-to penetrate the wall rock This' work is at a point about 1700 feet in' ‘from--thportal of the main 800-fo- ot ’ - 1200” i - - - - tunnel 'and 1300 feet- - vertically under The lime beddings here are ground favorable for ore exceptionally looking In bulk with all this mineralmaking isation ' Assays are being made of In from the property samples brought There is no sine in this ore - Uncle Bam Is today the world’s largest producer of silver Prior to 1914 Mexico occupied that position A compilation by the National City bank of New York shows that the silver production of the United States is now double that of Mexico and three times that of Canada which holds third counrank among the 172383000 Of the world tries of the ounces of silver’ produced in the world In 1916 the United States produced 72- 833000 ounces or 42 per cent of the world’s total while twenty years ago we produced but 37 per cent of the world production which in that year was 157061000 ounces In that Continuance of the extreme heat contributed largely to the further curtailment of stock market trading today dealings falling to 265000 shares the smallest total since the early months of the year1 The extraordinary exhibit of the United States Steel corporation for the second quarter with Its significant aptaxes and profits propriation for war was almost the one topic In financial quarters and acted as a brake upon bearish activity With two exceptions— Central Leath1896 to 1916 the er and Industrial Alcohol— In which advances of about 3 points were production of the United States has in- gross from scored price changes extended creased about 14000000 ounces while mere 2 points to fractions inbarely that of other parts of the world has though mainly upward creased but about 1000000 ounces United States Steel registered the The world’s chief' producers of silver maximum of 124 reacted a point and are the United States Mexico Canada!I closed at 124 net gain of a point Peru Japan Spain Australia and Other steels and athe more active equipChile In the order ‘named the United ments and war the specialties 1915 States having produced in for course of their leaders Infollowed main the which figures of all countries are avail- Ralls shippings and metals were feaable 74961000 ounces Mexico 39570-00- 0 tureless most of the session although Canada 28401000 Peru 9420000 a broad or refor develJapan 5080000 Spain 4565000 Aus- organisedinquiry Issues tralia 3327000 world total 179574000 oped beforetransportation railclose the Important In 1916 for which returns are not yet roads submitted June statements of available for many of the smaller coun- earnings some of which left much to tries the production of the United desired from the bull States was 72884000 ounces Mexico beEngagements of gold standpoint for export 350000- 00- Canada' 25500000 and the again assumed' large proportions world's total 172384000 ounces 34000500 being transferred to San In the distribution of our surplus sil- Francisco for shipment to Japan ver a very large proportion goes to 81200000 being consigned to Spain and Europe the remainder chiefly to the half a million going to an unnamed orient In the fiscal year 1916 the lat- port Foreign exchange showed no alest for which complete figures are now teration except for a hardening of available we exported 353172000 worth rates to the Scandinavian countries of silver of which 341032000 went to Bonds were firm on limited offerings England 38240000 to China and Hong- The Liberty Issue moved in the narrow kong and 31385000 to South America range of 9940 to 9943 Total sales We also exported In that year 36420000r (par value) 82575000 worth of foreign silver out of a total United States bonds (old Issues) of 334154000 worth sent to us chiefly were unchanged on call' from our near neighbors Mexico South NEW YORK STOCK LI3T America and Canada part of it coming Cl 8alea 1I In the form of ore and a part as re21 600 92 Mtt American Beet Sugar fined bullion Most of this is sent to 200l 4S 48 48 Can lerican us because of our superior ' smelting American Car A Foundry 72 2001 7SH 70 72 72 MO) 72 and facilities and also be- American LocomotiveA Ref lCOOllOMfc 102 no2 cause refining Smelting the United States as the world’s American 21001224 121 122 Sugar Refining largest producer of silver has special American 700U8S Ul 118 American Tel A Tel 24 facilities for marketing that product American Zinc L A 8 77 1200 27tf 77 in other parts of the world In the fis- Anaconda Oopper A tr hi eon oneeesjeeea cal year 1917 for which eleven months' Atl 105 200'IOS O A W I 8 8 L figures are now available the value of Baltimore A Ohio MS silver exported was about 375000000 Butte A Superior Copper California Petroleum slightly exceeding in value that of any Canadian 160 Pacific earlier year The exports of 1917 are Central leather 80 thus about 325000000 in excess of 1916 Chesapeake A Ohio 68 A St Paul about one-ha- lf of this increase having Chicago AMUNorthwestern 102 Chicago gone and the remainder to Chic 84 R I A Pac ctfa the orient 641 Chino Qipper 60 W of silver has ma- Colorado Fuel A Irion Products Refining terially declined since the beginning of Corn Crucible Steel the war The total output in 1913 the Cuba 88 Cane Sugar 26 year immediately preceding the war Distillers Securities 24 was 223900000 ounces but dropped to Erie 164 Electric 160626000 In 1914 179574000 ‘In 1915 General 114 General hlotors and 172384000 in 1916 the decline oc- Great 101 Northern pfd 22 curring in countries other than the Great Northern ore rtfs 102 United States our own production hav- Illinois Central b6 Copper ing been In 1918 66802000 ounces la Inspiration' Marine Mer Int pfd 1914 72455000 in 1915 74961000 and International Nickel In 1916 72884000 ounces International Paper City Southern the world’s pro- Kansas Nearly one-ha- lf of Kennecott Copper duction of silver prior to the war was Louisville 124 A Nashville used in the arts and Industries the di- Maxwell Motors Mexican Petroleum rector of the mint having estimated Miami Copper enoeeeeeeSi the consumption for arts and Industries Pacific In 1912 97000000 ounoesout of a total Missouri Montana Power Copper production In that year of 224000000 Nevada New York Central ounces At present according to cur- N 28 Y N H A 11 silver-produci- in-189- American Fork May ng - - low-pric- ed - i - (I - to the American Fork Cltl-xe- n According “It Ms currently reported that W E L Dilloway of Boston president of the Fissures Exploration company leasing the Pacific mine on his ‘recent trip to American Fork' canyon made arrangements for taking over the Belorophon the Live Tankee and the Merrill of Mary Ellen groups lying at the head one another - His gulch lease will be taken It Is expected subleases on the Live ject to the present Yankee but It Is known that- the Mary Ellen Mining company has allowed the use of Its cabin and that several xrten are now at work on the Belorophon in the Interest of the Fissures Explora-Is The Belorophon tion company known to have a prominent vein of nature and milling ore very similar in It would and Pacific to the ormatlon be a small matter to run a tramway and separate the around the Miller Hill n Pacific mill now ore In the new nearing completion' — The following quotations ore from the Badger Bros private wire service: and-adjoinin- - - 250-to- Rich Copper Ore in Columbus-Rexa- : ll Chicago Aug 1 —Welcome rains in Kansas and other big states where the else of the corn crop la a matter of vital Importance broke prices sharply today In the corn market here The to 2fe net finish waa nervous lower at 8L15 to 31151 December and 31131 to 3114 May Wheat gained lc and closed unsettled with September 8218 Oats declined c to lie net The outcome in provisions ranged from 5c loss to a like advance Downward swings In the value of corn began ' as aoon as the market at once on opened Attention centered the fact that much -- needed moisture and lower temperature had supplanted the drought and heat which was withthe Kansas crop Bearish sentiering ment received further emphasis how ever from reports showing that the cooler showery weather waa shared also by Nebraska ' Missouri Iowa and Illinois Another notable Influence against the hulls was an assertion from a leading expert that the total yield of corn in the United States this season Is to be as much as 3175000000 bushels to 3200000000 bushels Action of the directors of the ooard of trade In prohibiting all fresh dealings in the September delivery counted likewise throughout the day as a weight on prices Wheat trading was confined to scat tered transactions In the September delivery Prices averaged a little higher chiefly owing to estimates that the domestlo crop would be 2000000 bushels short of what had been expected a month agou In this connection it waa said that most of the damage in the spring wheat crop region has been offset by enlarged yields In the win' ter wheat crop belt Thresh Oats declined with corn ing returns continued excellent an reporta at hand suggested that the total crop this season might exceed last year’s by nearly 250000000 bushels Buying that was ascribed to packers an rallied the provision market from The temporary weakness early setback from resulted sympathy with corn and from an expected bearish showing in the monthly report on warehouse stocks of provisions here lc From New York came word yesterthe Midvale Steel’s second day thatshow net profits 'of 312224302 quarter for the first compared with 812026687 The Barnett Oil St Glass company yesterday declared Its regular monthly dividend of 1 per cent and an extra of the same amount Johnson local mining an- -J EMot from a professionhas gineer intoreturned He Idaho and Montana al trip Gibbons-vlll- e inspected a property in the district Ida as well as one about 150 miles serosa the state line In Mon- - MONEY New York An l— Mercaaflle paper 4 sixty-da- y billa 472 commercial aixty-da- y terllBf billa oa banks 471V: commercial sixty-dacables 478 demand 472 bills 471 nllderw Francs demand 676: cables 676 cables 42: lire demaud 722 damead 42 cables 722: rubles demand 2125 cables 2168 e Mexican dollars Time loans steady sixty days 4g4 ninety six months days 1 bar ruling Call money easier high y rate at ' ' Say Operators May ‘ An high-grad- de Alta-Cottonwo- od - Neiv York Curb The following quotations are from the Badger Bros private wire service: Other Big Mudy Wells Expecting the Oils 2c' Big Hill 500 at 3c Bannock Gold 100 at 473c Comstock Phoenix 400 at 10c ' - From Big Muddy field Wyo comes word that interest now centers In the deep wells drilling on sections Nos 13 17 and 15 in the Muddy field These three - wells are Big each down approximately 3000 feet and It will be a close race as to prhlch will finish At least one of them- ought to first' come In within ten days The well on section 8 Is down about 2900 feet As It lies dibetween wells Nos 7 and 9 there rectly is no doubt as to Its successful conelu alon OH experts continue to believe that the No 9 Merritt well is good for 2000 barrels or better making It the best of the five deep wells so far brought In the Big Muddy field The thickness selling In of the Wall Creek sand In this part of the Big Muddy dome Is given by geolo gists at over 100 feet 500 at 800 at 2000 at 200 at 3155 100 at seller 60 days 31623 100 at Crown Point 1000 at 4c ' Eureka Mines 200 at 19c 800 at 193c 1000 at 3c Major Evans v 4500 at 27c Mlchlgan-Uta- h New Quincy 100 at 143c Original Bannock 1500 at 7c 1500 at 73c Prince 300 at 1200 Silver King Coalition 1000 at 33 Tar Baby 300 at 6c 700 at 63c Utah Consolidated 1000 at 12c West Todelo 7000 at 173c 1000 at 18c 100 Zuma 1000 at 2c 100 Total sold 78682 Columbus-Rexa- - ll 21-52- 31-57- 3 81-6- 3 0 81-6- 0 SALES— OPENING CALL 7 Alta Michigan 1000 at 103c-Albion 500 at 6c Alta Tunnel 500 at 111c I - 82 ' -- Bullion 4000 at 8c Bannock Gold 100 at 471c i Cedar Talisman 1000 at 4c Columbus-Rexa- at 21-57- at ll 2400 3 21-5- at 1800 21-5- at 21-6- 1400 6 81-0- at at 3 21-3- :: 3 Iron Blossom500 at 90c Michigan-Uta- h 2800 at - 29c ' 500 -- - ' ' at 500 ‘ charts 5c at 28c Opohongo 2000 at lc J Paloma 1000 at 5c j Reeds Peak 500 at 8c Sells 500 at 213c Sioux Consolidated 1000 at 93c South Hecla 100 at 2140 : Tar Baby 2000 at 63c 2000 at’6e V Sam 500 at 23c‘ Victor Consolidated 1000 at 43c' West Toledo 410Q at 17c 3500 at 173c 'V:-Zuma 1000 at ' 283c ' 0 at' 2125 100 at 0 Bullion 500 at 53c 500 at 100 The following quotations are' from at Eureka the Badger Bros private wire service: 21-82- 3 3 21-2- 0c' - CLOSING CALL 5 - 21-52- Eagle St Blue Bell 100 at Emma Consolidated 800 at 21-22- 0 0 22-87- - ' ' ' Antelope Star 3500 at 43c Alta Consolidated 500 at 243c f Albion 900 at 6c Alta Germania 1000 at' 12c' 2000 - value 32852425 : J' A VISIT TO OUR ROOM BOARD of our facilities for will convince you Metal Quotations New York' Aug 1— Copper firm electrolytic pot and nearby 290012 3000 nominal handling your orders on the September and fourth quarter 270002900 Iron firm and unchanged SALT LAKE EXCHANGE Metal The quotations' are accurate and im- 6375 bidexchange quotes tin firm spot mediate Our central location affords Lead steady spot 10 Spelter quiet lata convenient place t6 secure theinforpot East St Louis delivery 808 est local and eastern financial At London: Lead spot £30 10s fumation £29 10a tures ' pot £54 futures £50 Spelter A INGLE G Spot copper £125 futures £124 elecXW Mala It trolytic £137 Av at M09 Hidaoa Salt Spot tin £247 10s futures‘£243 10a Ogden - - 60 J ' Onto— Spot - EVAPORATED FRUITS Ang 1— Evaporated apples dull prunes steady apricots easy fancy 20 peach ee raisins steady New York Probate and Qnaraianahip Notice Consult county clerk or tho respective rtherinformntlon slgnern f or HrHEDISraiCTOURTCPRO hate division In and for Salt Lako State of Utah county estate of TheoIn tho matter of tho dor Baer deceased —Notice The petition of Eliza Baer the adof the estate of Theodore ministratrix Baer deceased praying for an order of sale of real property of said decedent and that all persons interested the said court to show appear before an order should not bo causa why to sell so much as shall be granted of tho following described necessary real' estate of said deceased situated In Salt Lake county State of Utah to wit: All of lots 50 51 and 52 in block 1 subdivision of block 75 plat University CL” Salt Lake City survey Also lot 17 and the east half of lot 18 block 1 University subdivision of surblock 75 plat C“ Salt Lako City Monvey has been set for hearingA on D 1917 tho 13th day of August day 945 o'clock a m at tho at in the courtroom of said court in 8alt Lake City Salt Lako Utah county Witness the clerk of said court with the seal thereof affixed this 20th day of July A D 1917 THOS HOMER Clerk (Seal) E Clark Deputy Clerk J By Morris St Calllster Attorneys for Petitioner 84 27 1844 124 118 104 j ALL GOOD DEALERS HAVE IT 82 Late' COSTS NO MORE But Gains in Size THAN THE ORDINARY COALS’ The best of the good ones Every particle a better article Cotton was unWashington Aug 1 — weather and othaffected by favorably er conditions during July but an Imto the extent of more than provement' 300000 ' bales ' was Indicated In the monthly report of the department to-of which forecast a agf iculture today 11949000 tal production of equivalent 500pound bales from a yield of 1669 pounds per acre The crop averages about two weeks late over practically the entire cotton belt LIVESTOCK MARKET North' Salt Lako Aar l—Cxttle— Market Good demand for all ciaaaea of killing rattle especially heavy atom weighing from Choice steer 1060 to UM pounds 1(06171: fair 4o good steer 10061M common to fair ateen 7009800: choice cows and heavy heifera 7500400: fair to good cows and heifer 823(9 8004M26: cauners "260A500 fat 760 cutter bnlla 700A750: bologna balls 8 00$- 700 veal calves 900421100 Hogs— Market strons and active Cho'eo bogs 180 mixed 200 to 240 pounds 151001525 pounds up 1490471510: Stocker 125001260 lamb 13000 Market Mprlnc steady Hhecp— 102501075 heavy year1600 light yearling ling 100001050 wether 9230275 ewes 750 strong 090 d Chicago UNION PACIFIC SYSTEM1MTTIME CARD 3 EFFECTIVE JUICE Depart 720 720 815 930 A A A A 1100 A 1205 P ' Ang L—Hog— Receipt' 24000 2 easy standard 80 22 62 58 28 M Mar- ket steady Bulk 151O0161Or light iavnsl5 rough mixed 148501025: heavy 144501820 1445fil470 plga 115001428 NaMarket weak 13000 Cattle— Receipt 816 tive beef cattle 760fi 1400: western oteen cow 01140 etocken and feeders 6750000 and heifera 42001180 calve 88001300 WethMarket weak Sheep— Receipts 8000 ers 75001085 ewes 8250800 lambs 9600 225 230 330 430 515 830 1500 Aug 1— Ilogs—Receipts 8800 Market higher Heavy 148001580: mixed 147501590 light 140001540 plga 125001425 bulk of sales- 147501800 1700 Market steady to Cattle— Receipts t1001400 cow and Native steer strong 900011 50 heifers 7000850: western steer and heifer 700 Texas steer 7250925 cow and feeders 0850: ranner 5000850: storker bnlla etc stags 80047950 calves 60001250 Omaha 10c to 20c E’SOfitOO 7500 Market 10c to 23c 'Sheep— Receipt 95001075 wethers 9000 Yearling higher ewes 6000900 lambs 142501450 1050 Hog— Receipts 10000 'Kan as City Ang 1— Bnlk 16Y50 Pig 50c lower Market higher and batcher 18 5 r heavy 169001815 packer' pig 100001200 15 4001808: light 149001580 18C00 Market steady Cattle— Receipt Prime fed steers Grasse rs weak to 15c lower dressed beef steers 100001275: 12 0001273 5250900 heifwestern steers 90001250 ndcows feeder 57501000 ers 75001350: stockers 5000760 calves 05001100 bull Market lower Lambs gheep— Receipts 2000 90001100 wethers 150 12 7501450: yearling 01000 ewea 2000929 P P P P P 1100 1155 1155 1155 - -- r P P P P Arrive DaUy Melad and Intermediate 555 Omaha Ogden Denver Kansee City' 555 Chicago PoValley going only) Ogden (Cache M 505 catello Ashton Montpelier Faria Overland Limited— Ogden Reno Sacra600 M mento San Francisco e M Ogden and Tntermedlata Faelflo Limited —Ogden Omaha ’ 835 M Chicago Ogden Logan Boise Portland Seattle M ” 505 (Butte also—going) Omaha Limited Los Chicago Angeles M 500 Denver fit Loula Overland Limited— Omaha Chicago Denver St Louis (San Francisco alao M 1155 departing) Ogden Brigham Cache Valley Malad M 1210 and Intermediate Omaha (Denver Chicago Ogden Butte alao going) arriv- 830 M (Ban Franciaco and Ing) Special— Ogden Pocatello - Yellowstone 730 Idaho Falla Yellowstone Park (Twin Falls also arriving) Ogden Pocatello Idaho Falla Ashton M 830 Butte ' Idaho Pocatello Falla Butto M - Ogden(Cacho Valiey also arriving) - - 1010 j M Ogden Ely Sacramento San Francisco 740 — Ogden Limited Pacific Sacramento M 210 Ban Francisco Portland Seattle (Twin Ogdon BolaOj 12 1020 also going) Main 13 City Ticket Office Hotel Utah Televk M M PM 1100 P -- j No 121 J t offered county-courthous- k - 4g4 2: dosing bid 8 2 NEW YORK GRAIN - Total Hies for tfr day 286000 sham the followfrom Salt Lake: prints “It is understood ing In Salt Lake that a petition will be filed within the next few days signed by a number of the leading ore producers of Little Cottonwood canyon asking the Utah public utilities commission to issue an order compelling Boston Range the transportation company to furnish The - following quotations are from proper facilities for handling the presthe Badger Bros private wire service: ent output of the mines of the district The result of this action Is awaited with much Interest as It Is only a question of the expenditure of a very moderate sum of money and a few weeks time to put the railway from Sandy to Wasatch In condition to handle all the ore that Is being mined and when this Is finally accomplished the transportation problem will cease to be a serious one 2 ll Preferred Demand Improvement Cotton Crop eastern 'sheet 2 44last loan New York Aog I—' Wheat— Nominal Cora— Spot firm No S yellow 246 mixed 243 botk e I f New York a Utah Copper Wabash pfd “B Western Union Westlnghouse Electric 7-- 6: : 85 187 126 - -- - - un The regular quarterly dividend on Smelters has been declared Emma Consolidated now has Issued 2668692 shares of the 3000009' i Norfolk A Western Northern Pacific Pacific Mail Pennsylvania Pittsburgh Coal Ray Consolidated Copper Reading Rep Iron A Steel Southern Pacific Southern Railway Studebaker Corporation Texas Company I’nion Pacific IT 8 Industrial Alcohol United States Steel ' tana - rent reports the countries at war are Increasing materially their coinage of silver partly to take the place of gold being withdrawn' from circulation- for other purposes and In part to accompany the issues of nonmetalllc which have been made necessarycurrency the demands of the war Meantime'byhowever the demands of the orient are also apparently Increasing since our own exports of silver to the orient In the fiscal year l917 will probably aggregate 816000- 000 againstapproximately 89000- 000 in 1916 and 36000000 In 1915 Mining Notes - f on - “Columbus-Rexa- ll is looking better than ever said Manager M R Evans “The last word from Alta yesterday’ ore continues to hold out: is that the Some of the samples show as high as The first car of 50 per cent copper 53 tons had finally reached the sampler returns are expected toyesterday-an70 tons more of the were There day e broken and carried cardown the canyon The high-graand lead and silver ries gray copper Boston Curb I-1- od orld-producti- Merge Properties San Francisco Quotations - : New York ' Aug' 6 twenty-year-'pfcri- IN VALUES OF CORN VOLUME DF TRADE e - r I - ’ years the present nually for twenty-si- x indicatedTlfe of the mine with reasonably allowance for' the surplus already accumulated would give Utah Copper stock a present value of at least 2150 estimate a share: but a more rational of Its future earning and dividend pay-ln- g capacity leads to the conclusion that the stock will be worth more than ht one-six- th E TJ - - NEEDED - - : Following an Inspection of the Nevada Consolidated at Ely Managing Director D CL Jackling and party coming from San Francisco are expected to reach Salt Lake this morning The Nevada Consolidated June production ' was 1850186 pounds ' of copper compared with 7289878 in May and 6727192 in April The July production figures are TONS OREDUM JULY RAINK SECURITIES SCORE SILVER NOV RAPIDLY Washington Aug 1 —Preliminary returns of railroad earnings to the incoverterstate commerce commission one-thiof the ing approximately railroads show an Increase In net revenues for the month of June of nearly 10 per cent over June 1916 the most marked increase of recent months roads are Earnings of sixty-eigshown Operating revenues increased over June 1916 totalalmost Operating expensea ing 3142173000 880000000 in June 1916 increased from to 395682000 leaving net revenues from railroad operations of 346481000 as compared with 342278182 a year ago Net revenues per mile show an Increase of 348 rising from 3501 in June 1916 to 3549 ' The roads for the eastern district for the first time since February show an increase In net revenue over the same month a year ago net revenues to having increased from 318206076 319104284 within that period Western railroads showed an Increase In net revenues of 33000000 or nearly 20 per cent over June 1916 rd A UTAH COPPER WILL Show Large Increase P M P M P M P M 000 AM P M PM PM P M AM AM AM P M P M P M AM e |