Show C 8 TIIE SALT LAKE TRIBUNE SUNDAY MORNING JUNE 21 1931 HOPESTHGH LACK OF G0LD!SIiARES ENU AT GOLD ACE HIIR Ts TR Gives Ore Promise Utah Silver King Coalition Up to $360 Park-Utaand Walker Mining at $112 exchange’ Silver King Coalition traded 10 higher at $360 Walker Mto-ing- r a great points on the exchange of 300 shares TONOPAH Nev— According to reliable reports made by Tonopah min- tog men returning Iroin a survey or From the dawn of history part of the people of the world el Nev Nine well conHollywood structed houses have been Installed with office buildings a store and boarding house all electrically lighted way for 75-fo- ot ipr bartering This remote country Is today the scene of much civilized activity Large capital has been attracted to the hew Northern Rhodesian copper fields and lt now appears that by 1935 the territory will be among the world’s largest producers of copper Together with the Belgian Congo production If not more it will supply of the world market's annual conDemand for sumption of copper copper b steadily Increasing In the world and it b predicted that the African production will coin Into the field Just about In time to balance this demand and offset the effects of waning production in other places Many of the principal offlclala of these new British companies are men with American Copper experience Among those of Utah experience are A 8 Windier manager of the N'Kana mine E H Walker assistant manager at N'Kana E E Barker manager of the Mufullra mine D Mines shipped PARK CITY Park City of the district carloads during the week Those shipping were Silver King Coalition 880 tons and Park Utah 268 tons a total of 848 r 'V ‘ TINTIC Mines of the Tin tic district shipped a total of 89 carloads The shippers with carload amounts given are as follows: Tin tic Standard 41 Mam-tootIs A S and R Co (dump ore) 10 North Lily 8 Centennial Eureka 1 4 Victoria Chief Consolidated Butner assistant manager at - the 1 Eureka N'Changa mine H A Tobelm&nn Properties — Chief Con Lily 4 Grand Central 8 Flutus 3 consulting engineer who has recently h BINGHAM ' shipments from the mines of ths Bingham district for the week are as follows : United States Smelting Refining and Mining company 4700 tons Utah Delaware Mining company 860 tons Utah Metals ana Tunnel Mining company 430 tons and the Ohio Copper Mining company (precipitates) 2 carloads Ore SAM FRANCISCO The Tin tic Lead company shipped time carloads of gold ore from Its Horn Stiver mine In the San Francisco district of Beaver county during the week ended Friday Rubber returned to Salt Lake from the N’Changa Copper mine where he has been for the past year conducting a Preliminary Investigation of- - the treatment of the ores According to Mr Tobelmann there are many new conditions to be met In this copper belt but the engineers In charge are competent to do whatever has been done elsewhere The seven properties which are being developed are situated In a strip of land border about along the 12 degrees south of the equator About a week Is required to reach tidewater In any of three directions— south to Cape Town west to Loblto Bay or east to Belra Of these the port of Blera Is chiefly depended upon for Imports and will probably remain the outlet for Rhodesian copper for many years Deep Shaft Anglo-Belgl&- n of currency based upon a shrinking gold foundation gets Into the field of greenbackism and flat money which all regard as a financial danger Whether a money based upon a proper relation to the uniform supply of both gold and silver might not be agreed upon which would hamper both Inflation and deflation and more nearly constitute a uniform yardstick for the measurement of world values might well be the subject of a comprehensive worldwide inquiry This Inquiry might well consider whether It Is possible to equitably distribute the world’s gold among the various nations giving to each a pro rata supply as the basis of Its currency messuance Top shows new type of native compounds being erected for labor employed at the Rhodesian mines Bot tom is pictured a road cut through one of the gigantic which are common in the territory ant-hil- ls scale has never before been attempted Most of the present mines have now been assured a long producing Ilfs and consequently permanent townships are being planned The mud original houses - of brick and thatch are being replaced more substantial If less picturby esque biilldlngs Houses are being equipped with electricity and running water and are designed to meet tropical conditions In respect to Recreascreening and ventilation tion clubs moving pictures athletic fields golf courses and tennis courts serve to increase the contentment of the European employes In all mining camps Roan Antelope Ready to Mill When Mr Tobelmann left Rhodesia the Roan Antelope mine had reached the development stage at which It was prepared to deliver 5000 tons per day to the mill It was expected that this mill would be operating last month The copper concentrates from this property averaging about 60 per cent copper were to sun-drie- become as proficient workers as those down to the gold mines on the Rand who have experienced civilization for a longer time They learn quite easily to do all sorts of general mine work In respect to health conditions Mr ‘‘is 00 4a 2 8at 01 0 11 01 05 ‘ioi 00 17 OOR 01 00 00 07 02 00 01 60 00 00 07 10 01 01 to 00 00 00 00 00 Oik 35 OO 014 16 01 01 '©6y4 10 '!66 01 29 09 120 02 4 40 Wyoming Mica strous Local Man Returns From to business enterprises This problem Is a world problem No single nation can furnish a solution It is a moral problem to that Its solution will make for the development of a' higher Civilization throughout the world and Increase the luxuries available to many people who now have only the necessities provide necessities to many people who have now only the means of bare existence and prevent suffering and the loss of life In some countries where many people die from starvation every year To allow these con dltlons to continue Is not creditable to any of the civilized nations of the world To avert these conditions Is a world problem (From the Mining Congress Journal) 014 200 OO 03 00 91 Ol 00 00 00 00 00 01 11 ©Mi ©Ova Tobelmann said proper precautions Ol are being taken against the malarial dium 25Vj mosquito such as swamp draining "IdHi and the observance by the employes Gold Cannot OS of the practice of taking five grains Be Distributed 13 hosof quinine every day Modem All countries are their 900 pitals are a part of every camp and commercial activitiesIncreasing endeavoror are supervised by doctors specialized to do eo and the success or failIn tropical diseases Sunstroke dysen- ing Ol ure of these endeavors measures the 23 can diseases and other tropical tery limit to the of markets the 175 easily be avoided but at the same expansion of growth Is so important which ! climate b quite 04 time the which 600 for the increased enervating and Northern Rhodesian must follow normalproduction of 02 employment Tobel-mais no place for the unfit Mr OO' our productive machinery There said seems to be no possible method by 12 which gold can be put in equal diOS stribution It seems plain that a proOt rata division of our present supply 02 of gold among the nations of the 140 world would so weaken' the founda30 tion of credit moneys in our more Field Inspected prosperous countries as to require a contraction which would be disa- 04l 03 21 01 75 00 40 00 00 10 08 35 29 08 04 03 85 00 94 00 ’166 ”io !66 06 05 05 115 110 K 00 10 00 0OV3 140 "m'm 940 01 00 '"M'i 024 360 3 60 08 08 00 02 310 100 320 ’ 100 310 00 02 100 15 1 00 00 07 01 03 !!! 08 115 36 or 00 09 ”62 00 07 20 00 01 00 01 20 00 00 !66vi 10 00 00 0$ 00 26 03 00 01 10 02 31 08 01 20 01 04 :63 87 04 00 10 00 00 10 01 00 01 11 06 Park Premier Park Utah Ploche Bristol Plumbic Minea Plutus Prince Con Provo Panama Nevada Raymond Ely Ext Rico Argentine Bllver King Coal 8llver Shield Silver Standard Sioux Mines South Iron Blossom South Standard Sacramento Swansea Con Tar Baby Tintic Central It Tlntlc Lead Tlntla Standard Unlotr Chief Utah Con Union Asso Victor Con Walker Mining West Toledo II Wilbert Western Exploration Yankee Con a Zuma 4 R:!hAC:ficr&Co - WILL SELL ' Former Eurekans Return for Visit 04 02 01 00 Shows Progress of Ore ot 4c tc the ' the ’ WE WILL BUY ore At Old Duplex - TONOPAH Nev— The large deposit of alum 20 miles west of Tonopah which has been Idle since the World war is again to be put Into production by Keith Cavers of Los Angeles who recently purchased the deposit and what Is left of the plant of machinery Six men are employed in establishing camp and rehabili- tating the plant The product brings $25 a ton and there is said to be an unfailing market for lt It is said to be the only commercial deposit of alum ever found In North America It was formerly owned by the Western Chemical company and later taken Blair Junction a short distance away which Is reached by a good dirt road NEW YORK June 20 AP Directors of Ohio Leather company have declared a dividend of 83 on account of accumulations on the second preferred stocks In addition to the regular quarterly dividends of 12 on the first preferred and 8175 on the second preferred all payable July 1 to stockholders of record June 20 This payment reduces accrual! on the second preferred to 89 a share Fop Herat!: 800-fo- ot 1- -2 500-fo- ot 1- -2 RALPH A DADGER& CO 100-fo- ot Suite 2 24-t- BULLION EUREKA a rich ore body soon It should be bought Looks good for - Jon T Badpr Davies Badger & Go E C Davies Members Salt Lake stock Exchange 23 West 2nd South Was 7021 New York Stocks -- and Bonds New York Silver Future Fast Connections With All Markets Dependable Service In AU Unlisted Securities WILL SELL 1000 73 2000 1000 100 Basque Artogram Colonver Century Gold 510 Corporate Trust loo Fundamental Trust A 650 1000 Frisco Lulu 2000 Globe 2000 Glen Allen 1000 Hidden Treasure 100 Koyl 400 Jenson Coal Products 3000 Lakes of KlUarney 100 Nation-Wid- e Trust B rm $1000 10 1000 100 1000 1000 1000 3 10 ot g "Bush-Babies- Plans Announced Fortuna Work ho Gold Ore Hit Aliim Deposit ovqr by J A Cavers of Los Angeles who In turn sold it to his son Keith Cavers The plant Is connected with the power line and water Is supplied by a pipe line to a spring five miles distant Railroad shipping point Is Roan b completed N’Kana mine b !64 :6T 06 Mineral Visit expected to be producing within this eATUHDAY UNLISTED STOCK B year NEW YORK Eureka Standard JUQt 90 AP— Rubber fuDeposits Silver ture! closed firm July 000 September Lead According to demands for commui 30 December 50 New contract Park Galena July nication between different mines tem10 15 60 Utah Southern OU December September ' Mica mining may prove a valuable Smoked ribbed Otl $ epot Mining Used porary roads are being built to open Yanke Mines natto of heretofore the wild the of stretches Most of Northern Rhodesia b development up adjunct Golden Chariot "War lag Red Cloud high plateau covered with what Is bush These roads are simply the ural resources In southeastern WyoPan American similar to a forest but Is called width of a car During the dry seaTwentieth A Wilkins Century Robert to according "bush” The soil b very deep and sur- son they are comparatively good but ming SATURDAY OPENING BALES of ore consequently In the wet season when lt rains some United States mineral surveyor for face showings Shoot Tellurium Eureka Bullion 700 at 20c STOCKS & BONDS 'rare This accounts for the late de 50 to 60 inches they often become a Utah who returned Saturday from a t 3c Gold Standard 100 New Bingham Mary 1000 at 4e 18 WEST 2ND SOUTH ST Cut at lOO-Fovelopment of the mines to a great series of ruts due to the caving to of five weeks' examination of mloa ’de6000 Crescent at le Eagle the cut extent They will not be open underground tunnels built by Park Utah 10tf at 8116 nine miles east of Guernsey Rico Argentine 500 at 2e mines such as the Utah Copper but white an Is from one ant hill to an- posits Level on the are property Silver King XOOO at 8360 VYE other These ant hills present diffi- The deposits will consist of deep shafts Walker 300 at 8112 of the Muscovite Mica Mining and Zuma 2000 at Huge reserves of copper ore have culties to good road building In other Milling company who own 14 claims 2000 Ashley Valley OU 00'i been 15 to on are for 20 disclosed these often at ways they OPEN BOARD BALES 500 Atomic great 04 Power depth as the Is on Hartvllle known Work BEAVER— what the Fortuna at 2000 Basque 05'A Big She Oil 3000 at 1e 500 at Mining properties Mr Tobelmann says and feet high and very numerous Neither uplift Mr Wilkins said there Is an 100 at 8150 Eureka 2000 Big Six OU Standard Gold Mining company's claims north 01'i on some the limit of commercial can they be blasted away by dyna- abundant 2000 CcJoriver 00 deposit of Muscovite mica mite because of the network of holes Is still of not been ascertained value has yet The city Inadvancing to the pegmative dykes too Corporate Tnlet 510 As prospecting proceeds the supply and passages they contain However occurring WHAT THE STOCK 10 Deeeret Nat Bank 24000 surveys and calculations made by truded to the ancient schists of the of ore b continually being extended these transportation problems are be- Whalen group According to Mr $W0 Elk Bonds MARKET DID 8200 M Bestelmyer engineer In John more more minsolved cars and of and lOOrimt Security Corp 2400 ing any To Insure the discovery Wilkins there Is almost unlimited 1000 Oebo Con Oil tnt ret of the work at Fortuna have 07 are these Borne of outside chars® lie value that Sat Fri of being Imported eral deposits tonnage of mica content In two of EUREKA— With their Interest in worked out In 1000 Globe Mining 05 Number of advances 370 174 the present developments organized are British make but the majority the actheir operations ons 2 Grower’ Market Market measuring principal dykes 58 244 Number of declines commercial prospecting b being con- are American 1000 Hidden 07 Treaeure from 40 to 60 feet wide and the other placer gold mining a heritage from cording to Mr Bestelniyer's theories 78 117 Stocks unchanged ducted on an enormous scale Con1000 Jenson Coal Product 00' Herbert even to Considering the fact that to this 15 feet wide and extending their father Frank and to veto of intercepting the the 504 635 Total stocks traded 2000 Jumbo Plaster '00 cessions on 135000 square miles of sparsely populated country there are through the company’s property Mr 100 Koyle Spriggs former residents of Eureka old Davis lease to within one foot of 65 territory have been granted to two only some 20 Europeans per mile of Wilkins said he believed that mica were 3 Merrill Market from week Mortuary last here visitors his calculations railroad transportation In this re- can be mined with profit companies for this purpose 300 Neon SO Display pfd 8 their placer holdings at Central Point A field staff of 48 trained geologists spect Is good The tracks are narrow 1000 Peerless Coal Market The commercial product Is made In After sinking the shaft 100 feet a In the property as it gives hopes for southern Oregon 07 Is employed representing universities gauge and speed not very great The after 2000 Plney LaBsrg OU and grinding dyke Old timers of the Tlntlc district re- drift was hin In the direction of the the valines that may bo obtained in 03 3000 Queen Esther In England the United trip from Cape Town to the copper materialcrushing Canada separation of mica crystals member the Interest which their old Davis lease where valuable ore the property as the ore shoots are 02 1500 Bllver Banner belt Is one of 2300 miles and takes by thermostatic States the Union of South Africa machines or by use father the late Irwin H Spriggs one was taken out a number of 10 Utah Fire Clay 3800 ' and Holland Sweden a yaars ago developed four half and Germany For of Europeans days Utah-Ida250 35 vibrating screens Sugar always evinced In It was claimed at that time that the Over 1500 tons of paying milling These men work In trains carry first and second class The Muscovite Mica company Mr time mayor Switzerland 5 Utah Idaho Cement 000 sands from the had ore river out Bnd the gold alroot 100 Utah OU Refining In Wilkins said has 510 pinched partly of two each having fifteen coaches built as on the continent recently completed separating In various parts pf the west The mine abandoned Bestelmyer after ore Is in eight at the present time 10 Utah Power St U 7 10500 natives at his disposal Definite areas compartments Third class care are a mile of road necessary to connect bodies widening and in5 Utah Power 2700 Lt 6 are Assigned to them to be traversed reserved for native Bedding lx pur- the property with the Goshen countv elder Spriggs after leaving Eureka months of study of the formations with all ore 1000 Utah Wyo In values as depth Is made 09 Con OU went to creasing have sons and of district the was confident Oregon 12 miles crown that of rate about chased a the at day for per half every night 12 1000 Wyoming LaBarga highway to Guernsey since carried on the mining opera- that ore shoot as well as others according to Mr Bestelmyer 1000 Yankee per man Detailed records of the or about 65 cents Dining cars serve Mines Market of tions Inaugurated by him there 5 Z C 3450 larger and Just as valuable could be J J Boonkamp mining man M L geology of the area are made dally meals at the standard prices of apThe Spriggs holdings consist of t picked up at depth In undercutting Nogales Ariz and A Choyn of Los Most of these geologists come on proximately 75 cents tar breakfast Angeles manager of the Mexican few hundred acres and although this the shoot was again discovered three-yea- r contracts Often they see and $1 for dinner Good wine and Holding corporation of that year's shortage of water has preHowever In running the drift on Mines both no other white men but their part- liqueurs are also available at very with interests to the Forvented them from operating In past the lOO-fo1000 Basque Mining level a vein of ore as- place J3 ners for five or six months at a time moderate prices visited the property tuna property 2000 Big BIX Oil Market $5 to $20 In gold Teas enfrom their have years carried on they so often comes saying their way Big game 100 Con 135 last week and were enthusiastic with Natives Most Be Wagon with fair this vein countered mining it profit trouble no In Crosscutting have supkeeping 1000 Hidden they Market Treaeure Mrs Spriggs acoompanled her two proved great width ’’with values In- the showings they found there 04 1000 Indep OU St Gas plied with fresh meat by killing buck Used a Labor TONOPAH Nev—-Mininmen reMarket 2(0 Koyle creasing at depth The drift Is being and antelope They sometimes keep In the copper belt Mr Tobelmann turning from the south report a sons on their visit 5000 Missouri Monarch continued and last week an ore shoot M In camp and other says the natives must be depended strike of gold ore In the old chickens few 10 Old Mill pfd St com Market Duplex California Rancher Buys of tellurium ore was discovered supplies are sent out to them at In- upon for common labor Although mine at Searchlight The new 1 Pacific 100 00 Nat Ufa find While assays have not been comtervals along with their mall Camps there are some 74 native tribes North- Is on the 02 1000 park Galena level and assays Three Cinnabar Claims pleted on tills ore it is said to be rich ar moved along the base line of ern Rhodesia Is not densely populat- $700 per ton In gold and 22 500 Utah-Ida33 Sugar com in per 50 Utah OU Refining gold values ed All natives who work for the new cent In lead The extent of the new 40 traverse as the work Is completed 104 00 10 Utah Power St Lt 7 Two other ore shoots on this level As the majority of these geologists companies corns voluntarily They discovery Is not but is said to MINA William Nev— Svmond 5 Utah Power St U t given 0500 are corner suite expected to be cut into within Attractive r fye young men recently out of col- are fed sheltered and taken care be large 1000 Yankee Market Mines rancher of the Benton Calif dis- the next 10 days " of In “compounds" which resemble On the lege they have been dubbed 10 Z C M I 3300 level another large trict has purchased a half Interest about 1200 square feet vein from the old Davis lease Each one b lord and mas- their own native villages In the bush of ore has been uncovered that from Joe Norge In three cinnabar Is The at an angle which will inTHE ABOVE PRICES ARE NET dipping ter in his own little Isolated kingdom except that they are cleaner and body and east exposure south Is said to assay $304 In gold and claims in the Black mountain disthe company’s shaft at about BOTH TO BUT AND SELL tercept He bads a unique parade through more orderly Each native costs the 33 per cent in lead Concen- trict of Mt Montgomery 125 feet according to Mr BesteMcCornick Building the wilds every day as he traverses his company about 3 to 4 shillings per trates recently shipped are said to The purchase and is soon as the extent of price Is said to have 12 miles followed by his retinue of day or 75 cents to $1 This Includes have returned $200 ton The been $10000 with a down payment lmyer level the ore bodies on the natives carrying his gun water food the pay which lx naturally small be- Duplex Is now ownedper A H Mac of $1250 balance to be within Is proven the shaft will be sunk anby 313-1- 8 it Apply compass hammers cyclometer for cause food and houses are supplied Carthy W J Lorlng and Dr Wil- one year The property paid is located other 25 feet to intercept this vein care naWith the and other distance such as these measuring Los liam lx proper near of all West the MacCarthy Angeles If Was 3330 2nd South St Tip Top mine and at greater depth Wasatch 8o far as known pros-- i tives are receiving even In a medical Fifty men are employed working In equipped with equipment retort Norge The discovery of tellurium ore is a pec ting on such a largo organized respect they will la time probably three shifts has made a few small shipments most encouraging to those interested! to - '02 ’!6o 04 Opohongo Park Bingham Park City Con Park Cummingf King Park Konold Park Nelson the Coeur d’Alene minin northern Idaho indicate that one of the most satisfactory developments Is being made at the T 05 20 01 01 00 03 00 19 10 00 01 10 01 02 00 North Standard Ohio Copper 00 ‘i6i£ 07 01 New Bing Mary New Premier New Quincy North Lily Idaho— Reports MOSCOW celved from ing district 520-fo- ot 02 00 02 Kearsarge Stand Kennebec Kentucky Utah Keystone Lehi Tintic Leonora Little May Magnolia Lead Mammoth Michigan Utah Miller Hill Monarch Lead Mont Bingham Moscow Mt States Pet Mountain View Natldrlver National Treas Expenses Jack Waite property There are 60 men being emploved in development In spite of the low metal prices and the mill is running one shift daily handling 100 tons-o-f ore There were 25 carloads Bat of crude ore and concentrates shipped Asked last month most of this coming from :8 development work 15 It is understood that ore shipments 03 00 are about meeting costs of developand other operating costs This '!6o ment is possible because of the high grade 75 01 ore much of which runs 70 per cent 20 lead The mine Is located near the Mon01 tana line and miners employed In 00 09 the Idaho side are breathing Mon04 tana air the air current coming In 01 01 through the Montana opening which 52 has ‘Just been connected with the 01 Idaho outlet The connection Is at 00 08 the top of a raise that opens 100 at the top of a mountain entirely In 02 Montana Its bottom Is also in Mon02 03 tana but In a tunnel driven 6000 feet 00 mainly in Idaho and from an Idaho 10 03 portal 01 The raise from which ore Is coming Is up 80 feet and the top- is in four feet of high grade Almost under this is the shaft down almost the 03 00 same distance and in solid ore of 05 which two feet is high grade Other 01 ore ts coming from a stope 20 13 A seoond raise farther east Is the 01 one which connects the Idaho and 03 25 Montana tunnels The vertical dis02 tance between the two levels Is about 05 00 400 feet The raise between the two 00 levels has been made in the vein and 60 has given the means of natural ven0fl tilation 02 Bid f oo1! High Grade Lead Ore Enables Company to Pay $3-6- It Long before the advent of white races in Africa outcrops of oxidized copper ores along the watershed of the Congo and Zambezi rivers attracted the attention of the natives because of the vivid green coloration Malachite was used as a “moutl” or medicine to rub In veldt sores and the orb was smelted In a primitive fashion to be made into copper Ingots one-fift- h Ore Shipments trends were uncertain and trading generally dull on the exchange Silver King Coalition after opening at dropped to $350 and then regained Its loss to sell at $360 on Saturday Tintic Standard dropped from $320 to $310 Walker Mining varied between $107 and $115 closing at $112 Park Utah closed at Its week's high of $115 after being down to $110 North Uly traded at 84 and 85 cents Tlntlc Lead responded at $1 Eureka Bullion went from 22 to 18 cents and then closed at 20 cents Moscow responded at 25 cents Bristol Silver sold at 8 cents Rico cents Argntine was down to 21 ’4 125-fo- ot 75-fo- $112 -2 Jrtr??!' ds Development work has been under some time and high grade has been opened In the vertical shaft on the level and the level The shipping grade which carries values averaging $50 per ton to gold will be sent to a Utah smelter for treatment ot On The level stringers are exposed that carry a gold content ranging from $7000 to $10000 Many specimens taken from these rich stringers show wide strips of coarse gold running through the rock It Is understood the company proposes to Install a 100-tKuenzel smelter which will do away with the cost of constructing a flotation plant or cyanide mill calling for an outlay of approximately $50000 as compared to $12500 for the Kuenzel automatic smelter said to operate at a cost of 23 cents a ton for fuel oil This equipment can be handled by two men on each shift It Is proposed to do custom work at Park Utah with 1000 shares changing hands sold at Hih lf superintendent camp which Is Just off the Tonopah JHy highway during the days when the rich gold specimens taken from the surface workings of the Oold Ace were attracting of visitors was known as Arista but has now been renamed mine The hun-dre- went 1- MEETCCOSTS at $115 h recognized gold and 6llver ax measures of value and the common dIts week's high Tlntlc Standenominator of property transfers For $115was $3100320 the last half century during which ard Seven hundred shares of Eureka silver has been In various stages of Bullion went at 20 cents Zuma went demonetization gold has been made at cents 1000 shares going at the single standard of value and this4 figure Crescent Eagle sold at because of Its limited supply the 2 cents trend has been toward the use of from week the Taken standpoint credit- money based upon the gold Week “Vear Year Week standard At this time one-haof LISTED STOCKS Low Low High the world’s peoples accept gold as t 02 if Alta Con the real yardstick of value and the t 03 06 Alta Merger 09 Alta Michigan other half is being forced to aban064 Alta Tiger 07 don the wealth composed of silver ©0 Alta Tunnel 05 Am which lt has been accumulating durExploration lO 00 4 Am Metal Min Co i OI ing the ages of the past That part Annie Laurie of the world's markets Is unable to 06 oo Bearer Copper 18! Big Hill 30 take the surplus of goods produced Bingham Metals 024 elsewhere and biisluess depression 02 Black Metal 02 00 Bonanza Mining 02 follows 00 Bullion 004 0S‘ 1 0H 08 Bristol 8llver Credit Money Cardiff 02t 05 Cedar Talisman Has Limits 01 Cent Standard 03 45 This Is not the only cause but lt Chief Con a 76 00 Colorado Con 02 a substantial Influence In slow00 Columbus RexaU OO ing the stream of commerce in the Combined Metals 07 064 08 10 tOOi Copper Mtn Apex accumulations of goods without a 100 02 Crescent Eagle 03 014 03 market In closing factories and hi 01 Croff 4 02 01 '4 Crown Point lx to the ©2 '2 r creasing unemployment MV East Antelope 00 Interest of every civilized country to 04 Dlx Butte 10 Increase Its markets In order that 03 Dragon 03 01 01 East Crown Point continuous operation and contlnu oi East Standard OO 4 00l ous employment of both capital and East Tintic Coal East Tlntlc Con labor shall be made possible 35 01 01 East Utah 04 014 There Is grave difference of opln 01 01 Emerald 01 OS Ion between those whoi believe the Emma Silver Empire Mines 06 world’s gold supply is sufficient for all 00 00 01 Equity OU Ol purposes and those who believe that 11! 18 Eureka Bullion 22 23 10 Eureka Lilly the credit money-whiccom24 world Eureka Minea merce has called Into being has 01 Oold Chain 01 01' reached a danger point in that a Gold Mountain 02 Western Great 0241 02 continuing increase of credit money Oold Standard 04t 05 will produce dire results Howell Beyond a 'MET Ol Indian Queen certain undetermined point the IIron King the Gold Ace mine Just below Beatty the showings now being made promise early production and regular shipments going out to Utah smelters The property Is now owned by the Beatty Gold Mines and Milling company sponsored by Hollywood Cal" capitalists headed by Fred W Kuen-isas president and general manager Pat Shea as secretary and Pat Sheahy - have JACK WAITE 0N L0CAL STQCK EXCIIANGE benionctization of Silver Stocks were strong at the dose of Brings In More Credit the week Saturday and trading was fairly active on the Salt Lake stock Money Early Shipments to ' m week strong Missouri Monarch National Coal Paclflo Nat t LUe Make Bid 6S00 34 Ins 13000 Queen Esther Bllver King Western Silver Banner U 03 Vi 80 02 02 Metallic Ma OS Universal Olssa Utah G As C 1st pfd 7500 7 00 105 St Power Utah Lt 8700 Utah Power As Lt S Utah-Idah- 23 Sugar o 100 Utah OU Refining 1000 Wyoming LaBarge Make Bid 13 D Finer 07 300 Western Pet Holding 10 Z C M I 34 00 400 Yankee Mines " OS WILL BUY 1000 Benmore 1000 Indep OU dc Gas 100 Koyle 1000 Hidden Treasure 1000 Queen Esther 1000 Park Galena 16 04V Offer It 04 02 2 Utah-Idah- o Davies Badger 23 West 2nd 01t Offer It Offer It Offer It Offer It Offer It Sugar pfd 150 Old Mill membership Old Mill preferred Old Mill oommon S Utah Power 6 pfd 3 Utah Power 7 pfd Sonth & Co Was 72 - |