Show 10 C’ THE SALT LAKE TRIBUNE Gold Recovery Company Pleased With Success of Operations at Osceola First Loatfof Concentrates Runs NOVEMBER 4 1934 ON 12 CLAIMS CHANGE FROM PERCENTAGE dz 400000 Tons of $10 Ore Blocked Out Another Mill to Be Built y SEPTEMBER H I -- I az ut 1933 L’ H fp-- group of Salt Lake City men organizers of the Gold Recovery Mining company are Jubilant over the first results of their operations at Osceola Nev 40 miles southeast of line A mill Just completed is Ely near the A u UI the ' com-- -- I 5 o da handling 60 tons a day and pany plans to have another Springs Despite Bad Weather i & JZL £ Several Groups Prepare To Operate All Winter In Wyoming Mine Area Father anil Son Sink Shaft and Prepare to Extend Companies Continue Active in Atlantic City Operations and South Pass Sections Near Rock 3 D Utah-Neva- ' LEASE TAKEN Bank Debits Index of Business Activity Ton $300 a SUNDAY MORNING 73 ELKO Nev Nov 3— Geralcf B Hartley and his son Gerald Jr of Goldfield Nev have taken a bond ROCK SPRINGS Wyo Nov 3 —Several of the more important and lease on the Blue Bird group of concerns operating at Atlantic City and South Pass about 40 miles to Theodore 12 claims belonging Storff 69 miles north of Elko In the northeast of here are preparing to continue work throughout the Centennial mining district on the winter This includes work at lode mines and also on placer ground Mountain City road The property The Standard Mining and Milling is on the east slope of Bull Run mouncompany operating in the South Pas tain and is bounded two sides by the district has completed buildings for old Bull Run mine and the Edgemont a winter camp and has laid in a supprolific producers of gold in the late ’90s Both of these mines contain NOfcTH SALT LAKE Nov 9 (U8DA)— ply of crude oil for fuel and Diesel and calves — Receiptsxfor the week large tonnages of low or medium Cattle totaled 4092 head including about 300 engines It is stated that a shaft has grade ores and both are being re drouthers as compared with last week s total run o I 5446 head with 475 In the been recently completed at this mine opened and made ready for new pro- drouth looked about steady section Prices duction and the best cattle offered were from where ore is being taken out from The Hartleys have sunk a shaft 50 Coolrado Six loads of these were distribut- three levels by tram lines More ed follows: 59 head of good heifers at feet where water was encountered 3375as with a few common out at 33 00 4 thah 3000 tons of valuable ore have and are now crosscutting to the south loads of good cows 3310q3 25 with a few been staked out in a medium and good out at S2 25fr275 and where a vein on a is done This work being cropping a few bulls at $2 25 A few lots of low running high In gold of iron gessan which can be traced grade cows brought 3115a2 00 and odd was developed recently Company on the surface for a distance of over head common vealers made 3300 equipment makes it possible to treat —The market on hogs showed 3000 feet and averages about 309 feet Hogs decline a ton at a as compared with last week's ore worth as low as slight m width Grab samples of this ma- close Late aalea on good and choice drive-i- profit 50 were Mixed 35 25ri5 butchers made at terial frequently assay $5 per ton in kinds At Atlantic City the E T Fisher around 35 00 wth underweights and gold Geologists believe that a con- heavy butchers selling at 34 45fc475 The company plans to continue operations of sows bulk moved a within range with three-hou- r packing centration of values will be found at of 3385424 shifts as long as 00 or near the water level by reason of Sheep— Receipts of sheep and lambs weather conditions will permit After mamass of showed a decrease in numbers and the freezing weather halts the washing leaching of this great run totaled 4998 head Including terial by descending surface waters week's last week s process the company plans to keep about 100 drouthers as Therefore the operators are expect- total of 12769 of which against nearly 4800 were machinery stripping the surface upln of Most the section the week’s crossas drouth values commercial ing good run was en route to Pacific coast points stream on the company leases It has cutting into the dike progresses The although a few loads went to Utah range estimated that the amount of gold reon the local market were covered this material now being hoisted pans a limited territory toSales year showed an increase trucked-ilambs averaging small quantity of free gold around 86 pounds whch were sold about of 25 per cent over last year’s recova d On the west end of these claims steady with last week at 35 25 also A F Baumhoff Warren Idaho of weighty kinds averaging 105 pounds ery well up the mountain several open- at 3500 and A lot of 69 pound feeders at is general manager of the E T Fisher A 14 00 interests ings have disclosed good values S Nov OGDEN (USDA) —Cattle and shaft down 30 feet exposed a quartz calves The Jay Hill Placers Inc at — Receipts of cattle and calves this to said width in feet vein six carry week totaled 5406 head including 870 gov- Holthes Wyo is running a small toton A the run week ernment $10 drouthers ago values per line operation on Douglas creek averaging gold taled 5829 with a little over 1600 drouth- drag Other shallow surface cuts have ers near the town of Holmes and plans The week’s trading was about on as as ln basis fed stock with llttie high very running to steady samples yielded put in a larger outfit in the spring the run One car of good Utah steers averC T Chenevert $700 per ton secretary and aging around 750 pounds was weighed off at 35 25 Most of the carlot offer- treasurer of the company reports that Camp buildings have been erected the car were however cattle and ings ranged grass for winter work and a hoist building around The 341)0 maik Included among the deposits in that region are mi these were 4 loads of fairly good Montana areas too small to justify a dredging is now under construction 775 ex$4 00 steers at around the averaging pounds If the present work proves The gravel is easily with a few common kinds sorted out at operation 33 00 Two loads of good Idaho feeder talves washed istence of commercial ore on the with ja few large boulders made 34 00 Medium and good local and as level the working shaft will be also the maximum depth to bedsteers an dheifers ln odd lots cashed at sunk an additional 200 feet and en- :3 504 50 with common kinds ranging rock is not over eight feet company 33 00 of rom One load downward good scale for mining setbig larged 740 Idaho heifers brought 33 65 A officials believe that it is an ideal Negotiations are now being carried load pound of good and choice Idaho cows made up for suction gravel pumps at $3 00 The on for the purchase of the Big Four the week’s top on this class drlve-iWith the superintendent Chenevert cows r of medium and good mine which lies about one mile north bulk went at 32 254ri2 60 with a few up to $2 75 is planning to visit a number of other This mine Lower grade cows ranged downward from similar of the Storff property operations after the company 0001 00 and under The market on bulls was a producer of high grade silver $2 was weak due to lack of demand and the closes down for the winter The Jay cleaned is being bulk of medium and good kinds ranged Hill Placers also holds properties on ore 40 years ago and at $2 00ft 2 50 Veal calves were scarce the Arkansas out mapped and surveyed in prep- and river near Salida Colo common to good kinds made range and a for aration thorough sampling of $3 000 4 75 and have offices at 724 JJ S National — A little improvement was noted In Hogs geological study the hog market for the week and late Bank building Denver CL n unit 8NichC J 90 within completed days z U 10 ‘and general olson secretary-treasure- r ss manager of the company brought the first truckload of concentrates to the D Garfield smelter Saturday and reNEW YORK 15 Stocks firm specialties gain ports that it runs $300 a ton United States The story is another of the romances Bonds higher si these that are coming out of Nevada governments steadier Curb steady specialties higher days the story of the rejuvenation 20 of an old mine — rejuvenation made Foreign exchanges quiet gold possible by the higher prices of gold currencies steadyand by improved recovery methods Cotton quiet higher cables The ground acquired by the Gold Recommission house buying 2J Sugar quiet steady spot marcovery Mining company was worked STASTISTICS CQ SOURpEj STANDARD between I860 and 1880 as a placer opket Coffee higher foreign buying eration yielding nearly $5000000 in CHICAGO gold ‘ Wheat lower beneficial domesAfter the placer workings gave out James Henry Marriott located the tic rains Corn easy profit taking on upvein that produced the placer gold Marriott and Henry Nicholson shenff turns Cattle nominally steady of White Pine county built a small By DR DILWORTH WALKER Hogs nominally steady stamp mill but owing to its limited Associate Professor of Economics University of Utah the milled capacity they only Bank debits are perhaps the best available measure of business WHAT THE STOCK ore They were further DID when comparing different sections of the United States MARKET activity by the inefficiency of the mill " Sat Friday show the debits or charges made against the depositors’ acThey which was able to recover only 60 per Draw Government Cogts 301 415 counts Such data are compiled weekly by the federal reserve cent of the gold in the ore and when Advances 93 90 Declines New on the basis of reports of leading banks throughout the counof Criticisms board York ore gave out operathe 1 401 129 Unchanged And since more than 90 per cent of the nation’s business is tions languished They drove experitry Merchants done through the medium of bank checks drafts etc not counting mental drifts and exposed large quan523 645 Total issues tities of ore running $10 to $12 to the the cash transactions reflected in deposits and withdrawals to meet ton but were unable to work it picpayrolls the balance of bank debits gives a rough cross-sectiExcessive government expendit- ture of the amount of business done in any community Recently the Gold Recovery Mines 22 and 640 claims mountures with their corollary of Company bought Based on the Federal Reserve acres of placer ground From former -uppermost in the bank's reports' for September coming axea-tand Sheriff Nicholson and the Marriott minds of the business men of New pared with a year ago business acestate J C Nicholson reports that York as a harmful tendency in gov- tivity was up 29 per cent for the the company has 40000 tons of $10 ore blocked out CHICAGO Nov 3— Even though ernment according to the analysis country as a whole down 22 per cent states and up in the New The Woodman shaft Is down 330 the months of September and Octo- of the answers to the final two ques- from 45 per England cent in the east north-centrt feet and has encountered a in the which tions the questionnaire desection to 177 per cent in the vein of $16 ore The Eagle drift is ber reduced profits due to price Merchants’ Association of New York in 680 feet and samples taken at in- clines the domestic meat packing in- recently submitted to business enter- mountain states tervals over tne entire length aver- dustry on November 1 brings to a prises to determine their attitude New England Decline World visible stocks of tin at the age $10 90 The Cumberland mine close a fiscal year whjch yielded toward the recovery program and The decline in the New England end of September 1934 are reported scene of earlier underground opeia-tionstates is probably due to the textile at 18694 ions or 16 per cent of the ranging from the same size as the N R A t has a drift with 100000 aprofits The two questions were phrased as strike whereas the substantial Im- current annual rate of consumption ago to as much as 25 per cent year tons of $10 ore exposed This mine In your judgment what provement in the intermountain re- This proportion is slightly higher larger The Big Four packers and follows was once famous for its some of the more promi- features of present governmental gion can be accounted for through than the average for the years probably inclusive when stocks remained pockets It is reported that a miner nent' smaller ones should snow net tendencies are harmful? In your the combination of several factors once found on the surface a powder-bo- incomes available for dividends ap- judgment what features of present First there has been some expan- between 11 and 15 per cent of the anprices were slightly above last week s close full of ore that assayed $5000 a with $5 55 and $5 50 getting the best light 20 per cent above 1933 governmental tendencies are benefi- sion in mining and exploration ac- nual rates of consumption During ACCEPTS RFC POST and medium weight drivelns Mixed kinds ton The Crescent vein is said to be proximately tivities primarily in gold and silver 1932 it is shown the ratio of stocks The year will end with the bulk of cial? $5 000 9 25 and the bulk of packbrought Is in Royal Duncan Gardner consulting not the richest the district but to cent 59 reached sows $3 750 4 25 with a few up to $4 50 Of the 1258 business too divibeen the ing consumption per have executives Farm from coming pork higher prices earnings BALT LAKE CITI 81vep — Receipts of sheep and lambs for engineer of Salt Lake City is now in yet developed Old workings in this sion as is generally the case Beef who replied to the first question’342 which in certain districts have more the average level of stocks in that BUTTER the week numbered 11182 head lnoluded Washington D C having been apt shaft and 100 trade was not mine include a First rde lb were a little over 900 government drouthsuccessful mainly of them cited government extravag- than offset drouth losses Government year being 58288 tons A very 3? grade lb ers Last week the run totaled 12 261 with pointed appraisal engineer for the feet of drifts Ore exposed In the due to the tact that very substantial ance or high taxes or both 282 of bounties and benefit payments and On the basis of information Issued Second Swieet cream lb about 1700 in the drouth section Prices mining loan section of the Recondrifts is said to average $24 a ton (Parchment wrapped tio lee were on sale most of the them criticised the monetary policies public works plus a slight increase by the American bureau of metal stawere generally steady with a week ago tonnages CREAM The Exchange vein is not yet devel- time Early in the week 5 decks of 85 pound struction Finance corporation The tistics office statistical also have However this division was of the government the basis of the in private construction Hague First grade del Salt Lake City Idaho lambs made 36 00 with a few heavy oped at depth but values in the out- aided by the fact that overhead was criticisms relating to many varied aided in swelling the volume of trade has produced a chart showing the Second grade del Salt Lake City yearlings out at $3 75 and heavy wethers EGOS at $2 00 Trucked-i- n fat lambs went mostcropping are said to run $32 a ton minimized by the heavy government phases of the monetary program in this section Finally increased approximate movements of invisible Large white henneries dog ly at $5 000 5 50 and feeders made a range A tunnel driven by spasmodic opera- slaughter in doz United stocks the States These standaids White and beneficial tendencies merchandising of $4 000 4 50 with a few up to $4 79 One Among the manufacturing Medium white hennerleg dog NEW YORK Nov 3— Statistics appeartions over 10 years is only 100 feet of light 53 pound Idaho feeders changed car Wool and leather divisions for the the thing which stood out most fre- transportation volumes have resulted stocks which were steady during the Small PUlleta doz hands at a flat price of $4 00 A truckload ing during the past week indicated no short of tapping the Exchange vein at fiscal year will not do much mpre quently was the regulation of hours from the increased purchasing power years at 9000 to 10000 tons of local wethers cashed at $2 75 change in business activity according to lb cream Full 1100 triplets a depth of feet There are said than be in the black Fertilizer trade and wages which was commended created by the mines farms and gov- reached 25000 tons during the en- Full cream longhorns Nov 3 (AP— Moody s Index figures for freight car loadSOUTH SAN FRANCISCO lb to be several other outcroppings on USDA)-butchers ings electric power production and steel Hogs — For week 3000 aaudwlch loaf lb cream suing period of depression and still Full satisfying profits Other by- by 246 of the 977 executives who re- ernment spending output cows 26 cents higher top and bulk ingot and lb 6 lbs each cheese Jack the property which show medium to yielded to These index figures are adjusted for 17500 tons at the beginmade a fair showing 10 Hide plied to the last question The abo- Portions of the mountain states of amounted 170 to 212 pound 36 50 sows 8 to products domestic Wheel Swiss — that is if the change seasonal — no 50 35 values which work 1934 but lb of $4 2504 high lb upon Today Receipts steady from the variation During this year it is guts Swiss! trade and somewhat similarly the lition of child labor came second course have been heavy sufferers ning previous week should coincide 189 to 195 pounds $6 50 bricks lb has been done wool looks fairly bright in the long 187 of the executives commending from drouth during the past summer shown these stocks have been re-- ‘ Block — Receipts ro five days 1600 comlb Cattle bricks Limburger Officials of the company are espe- term But both are dead now bricks lb brick but in the aggregate this area has suf- duced to their former levels having Cream pared last Friday: Steers and she 824tok this accomplishment to cents higher 3 loads 5 lbs each lb strong to 25 short-fecially delighted with the results from fered less severely than have the remained between 9000 and 10000 Roquefort d 1019 pound steers $5 85 tpo Wls cured lb Full cream daisies their new flotation mill Mill tests states Crops have been fairly tons over the four months May to Full cream longhorns Wis cured lb good 900 to 1200 pound fed steers quotable plains Preference to unto $6 00 or above comparable quality Imports Full cream triplets western cured in Salt Lake City are said to have satisfactory in most of the irrigated August 1934 der 900 pound fed yearlings $6 250 6 50 lb developed a combination of reagents sections the sugdr and canning inOf yearling feeder Draws Pull cream longhorns western cured yearling stockers $4 50 cows Protest $3 3r0 35O heifers $4 00 fairly good lb that has succeeded in recovering more dustries have been benefited from bulls $3 00ft 3 50 Today— Receipts 200 cutFifty-fivthan 99 per cent of the gold livestock the $1 85 down and advanced cows Live ter 3 Nov poultry— (AP)— CHICAGO prices WASHINGTON Nov 3—Any prefCalves— Receipts for five days 75: comprices un per cent of the metal is said to be Receipts 15 trucks: steady steady erence granted to copper imported to losses have been less drastic steady: few prices pared last Friday300 nominally changed Dressed turkeys free gold the remaining 45 per cent TORONTO to 425 pound $3 50ft In South 3— Nov United the Ontario’s from the Belgian Improvement States Ont 1843 steady prices un- - 4 50 light weight vealers quotbeing associated hematite iron The gold mines have Receipts exin for to would the also the result ed 38 5007 50 nine Congo The southern states have adding reported gold occurs in white quartz between months ended with Chpotatoes— Receipts on track 99 cars Sheep — Receipts for five days 4400: govSeptember pro- large existing unemployment in our perienced considerable improvement ernments 2500 walls of quartzite Compared last Frldav 255 total U 8 shipments 665 dullRussets 3— Nev TONOPAH of bullion to the value of copper mines Sam H Morris Nov About duction in with a repsupLambs 50 cen-tspite 60 year agd higher early close 25 to 50 compared McClures firm other stock and The company has 32 men at work are now operating sub plies liberal demand and trading rather1 higher 3 decks 81 to 83 pound wooied tlon of the treasury November was: miners an increase of $15250503 resenting the Arizona copper tariff of the textile strike Higher cotton $52298353 and has just completed a power line over the 10713 901 76 $6 50 top expenditures Wisconsin Round Whites U S No yearlings to $5 00 Today— Re$37047850 produced m the board told the committee for reci- prices Increased tobacco sales and leases in the Belmont mine which slow: 802 68 deck good fed wooied balance $1782109071 85: cus85 commercial grade 72Vaft74 Idaho ceipts 126: steady from its mill to Osceola by which U S lambs $6 25 toms receipts for the month $876 512 15 was recently leased to F C Ninnis 75(41 in 1933 160ttl70 U 8 No 1 The all been information have corresponding benefits Russets procity period government U B No the town is supplied with electric improvement is due July Receipts for746the fiscal year (since 2 SI 25: Colorado McClure PORTLAND Nov 3 (AP— USDA — Hogs— principally to the Testifying with regard to the ne- effective in raising the volume of H D Budelman and Clarence Kind No $1221766 expenditures $2292098-31- 3 1 SI 85 poor color SI 67V none for five days 3150 com- 1) 07 Receipts light men SI 139818127 68 of emerThe first for now as shipa (including Tonopah of gold trade higher 60 agreebusiness mining week paid price gotiations butcher reciprocal classes activity ago mostly pared A H Hougaard is president of the excess of expendiNov S (AP)— Butter Wg easv cents higher packing sows and feeder pigs gency expenditures) 4687775 tons of ore were milled this ment with Belgium Mr Morns pointThe northeastern quarter of the ment will go to the smelter in about CHICAGO 9 92 tures $107033156707 gold assets 284 4i 2c 3 score Fresh company and A B Steele is vice pres- year against 4142505 last year steady to 26 higher bulk 6 good to choice 047 60 indus- ten days or as soon as the railroad today out that a ed is which is 90 score 27c 89 score 26c 88 165 to 220 28c excise 10 00 score $5 850 $6 primarily country top duty addithem pound in ident Associated with ‘ 24c Centralized 87 score 24VC re230 300 to of score has work The Knkland Belt pound was now levied on imported copper Lake completed the paid sparingly Thursday trial has not shown much improve- company 90 score 27 We 89 score 26c 88 score $5 005 75 late teles mostly 35 25 up tion to J C Nicholson are O L light 06 60 fed jearlinga $5 350 5 65: top ewes 1 ment as yet This section has been pairing the tracks leading to the 24 Wc $2 50 most sales $1 750 2 25 top feeding producing area for the nine lights $4 750 5 75sowslate33sales 4 mostly above lambs Huntsman Dr R B Stevens and C largest mine its output being $2377143 0 Lead ad$5 75 bulk $5 1005 75 00 to 750 25 months to $5 the good packing Slocks Decrease particularly responsive R Bernard Nov 1 (AP?— Eggs— Re- choice 75 to 120 pound feeder pigs S3 50 YORK OMAHA Nov 3 Hogs— RePete Oslund who many years ago Nicw 15339 verse effects of rising taxes increased against $24440889 for the Porcupine colors— Mixed 4t4 00 irrrgulsr 800 active strong to 5 or ceipts ceipts fairly from fresh re area and $2086034 for northwestern In U S Report Shows labor difficulties loss of confidence made a fortune leasing in the Hali- Special packs39 or selections and Cattle— Receipts none: for five days more higher than Friday better 220 to 350 commercial 185 standards week 2325 steer calves 30ti 5 ago Y 55 most 190 to compared pound $5 400 5 55 top Ontario In the maUero value the in administration policies and the fax mine and earned the title of "The celpts standards 29i29‘4 tirsts 27 dirties No steady to 25 cent lower other classes 220 pound $5 00ft 5 50 140 to 190 pound 22 42 pounds $4 500 $4 000 5 00 few output made a new high record for refrigerators standard mostly steady: bulk gras steer $3 00 down good packStocks of lead in the United States general confusion that has followed Lucky Swede” is stoping $35 per pigs 22 seconds 22 22 n 1200 900 25 5 4x23 22 to several NEW YORK Nov 3 AP— Following ire Ontario for firsts loads pound 20 $5 00 05 of a year at the end of ing sows mostly stags $4 75 the shifting fortunes of the N R A ton' ore in his lease and will be the other mixed colors unchanaed White eggs weight $5 5008 00 good steers down to down September were the bid and asked quotations furnished by Leasers are working —Pacific conet shell treated or liners $2 50 heifers mostly cutter 33 0004 35 beef cows New York security dealers on New York Cattle — Receipts 1000 short tons against 234 312 tons codes The durable goods industries first shipper Compared With coast 3 00 Pacific 50 cows 50 to pullets $4 odd 1200 0 700 head 1100 mediums 1000 bank and trust company stocks traded Saton young lu34v 900 reFed week the steers and last yearlings and at the end of August and 166201 tons have been particularly slow in Pacific coast large low cutters and cutters $1 2502 25 bulls Friday 26i27 heifers weak to 25 lower cows 180 25 lowrefrigerators urday on an oVer the counter basis 1000-fo1300 acOn the levels level 274x32 Browns— Resale of premium marks largely $2 500 3 00 goo dto choice vealers er bulls and vealers steady stockers and at the end of September 1933 accord- sponding to the recovery program western 7 00 special 00 6 to & 4i 43 'v and medium packs common 42 Lane an 0 Bu’ks have weak Horn feeders for week to nearby grades for opened steady 30442 other $3 000 5 50 heavy calves $2 750 4 25 Bank of Manhattan f ing to the American Bureau of Metal counting directly and indirectly from atore Fed steers and yearlings $5 75®7 75 sevprivate salesbrowns Bankers Trust most of the unemployment in the width of ore that runs $200 per ton whites none for five days eral loads medium unchanged and Sheep — Receipts yearand yong weights Cream7733 stead? 1550 week ago fat lambs strong lings Brooklyn Trust Receipt $8 00ft 8 50 choice Production in September was 31939 country today Commentators on this Several other leasers are mining good eryButter— 27'4 Cen Han Bk St Tr other to 25 compared —Centralized (90 score) cents higher other 'classes fully weights $8 75 good to choice fed heifers ore s of America economic Chase National paraly tons against 27328 tons in August phase steady good to choice 75 to 95 pound 5 25 ft 6 50 few low choice heavy heifers grades unchanged 342696 steady Chem Bk St TrUst prices lambs 35 250 5 50: few early down to 5 00 (6 75ft 725 beef cows $2 40 0 3 25 cutler Cheese— Receipts ROCK SPRINGS Nov 3 — and 35084 tons in September 1933 sis believe that the crux of our trouWyo Commercial few light shelly low good 70 pound shorn lambs $5 00 heavy grades $! 75ft 2 25 unchanged to the traced be can ble unresponsive— of hope that Rock Cont Bk St Trust Revival common to cutters $1 600 65 Dressed poultry Steady: unchanged wooied kinds down to 34 medium native bulls Springs Shipments in September came to Corn Ex Bk St Irust — Nominal no qoutations 4 75 00ft down industries culls $1 75 0? $4 medium Live the throwouts 86 poultry durable westerns $3 50&2 75 ness of $2 lew goods add tons its 33606 tons resources s018 in yet oil to against Empire Trust to $3 00 yearlings $3 00 03 50 slaughter 2 25 practical top vealeTs $5 50 choice new are the back of this And that local Fifth Avenue tons 2 and 25 men oil ewes in September 29129 by $1 250 following the gust to choice $6 00® 6 50 medium selects Boston First Corp $2 75ft 475 Stocker and feeder steers Nov S (AP— USDA) financing difficulties imposed by the LOS ANOFLE8 blowing in of oil and gas on the Mur- - 1933 First National to for week 400 steady to choice yearlings $5 000(5 605 00medium Hogs— Receipts reform measures of the securities wildcat of the Mountain Fuel Guaranty Trust phy choice slock calves $2 750 bulk $5 5005 65 top $6 30 Irvin Trust Nov 3 (AP)— Per share Strong and the uncertainties surNEW YORW market 2500 with — in 7500 week Compared in basin Sheep— extreme for governReceipts Cattle Supply Clay Receipts Manufacturers' Trust CHEYENNE Wyo Nov 3— Wyo- earnings of corporations reporting during ment 2100 mostly steady fed steers $5 25 Friday of last week: Lambs 10ft25 higher northeast Utah next to the Colorado-WyommNational City The Columbus-Rexal- l the past week with comparisons with the 0 6 35 grassers $4 000 4 75 stockers and yearlings 25 higher aged sheep and feedMining com- rounding future capital outlays N Y Trust ming department of vocational educa- previous year Included corner 3 00 0 4 25’ short-feheifers $4 65 ers steady Closing bulks: Sorter native feeders Higher Bank Deposits pany 'reports 20 sets of leasers at Public 1933 1934 diM of tion which Frank Treat is Nine months ended Sept 30 15 range fed wooied and fed clipped lambs grass heifers $4 25 down The well made a spectacular show-- J work at its properties at Alta at the Increased bank debits in the several $2 77 45 Title O St T $2 17 Chrysler Corp Calves— Receipts for week 2900: govern- $6 60ft'8 75: extreme weight natives down free rector has been conducting 45 01 United States Trust of California Co Oil Standard few yearlings up to $5 25 good to 2150 $7 50 light to $5 50 vealers ing blowing in at a rate of 18000 000 head of Little Cottonwood canyon ment states have also been accom- schoJn placer mining and mineral Shell steady 37 s ml calves $5 250 5 75 few others $5 00(0 5 15 and choice' Union Oil ewes $1 75 0 2 40 and good cubic feet of gas daily heavy with a comprising T9 83 bank the Columbus-Rexal- l Brands deposits Standard advancing by 4 localities-ochoice In 85 panied identification range feeding lambs $4 500 5 65 2504 various 82 butchers 72 General Foods West Toledo Wasatch Drain Tunnel The great progress made during the the state good grade of oil drillers reported week 3900 govern3 (USDA) — Commercial for Nov DFNVFfi Sheep— Receipts s 95 are classes under nil These Otis Steel cattle — Receipts 300 calves 25: government 03 ment 3050 fteady to strong wooied lambs Reports also state that Mountain and Flagstaff Ore from the Flag- - past year in strengthening the bank- the 75 Oulf Sulwhur 7 00 $6 00 or 6 35 shorn $6 50 good ewes supervision of C S Dietz former Texas cattle 2400 calves 250 compared last Fri4 3 carbon Fuel Supply is mudding back ihe gas lstaff has been shipped throughout the new YORK Nov 3 Pacific Tel St Tel of the United States has KANNAH Nov 3 (AP— USDA— day b?cf steers 150 25c lower $5 350 7 00: CITY Bor-toA state F ing 44 position and nil e geologist Simms Petroleum deputy n eflort to continue 350 not ln Isummer mostly Hogs— fed heifers 250 40c lower best $6 50 others dirpet Receipts H and Watson fall George nil p0m"de!fVtii‘”nN5fan1ds drilling been an important factor in opening tour prncuialbasing Skelly Oil A class riViing engineer $4 2506 40 $5 0005 50 mixed yearlings 19 enough offered to test market prices nomi2 12 ember li according to schedules filed withito lower nori7on seeking for oil The has completed the work of getting the way for increased business acNational Stel Corp steady nally heifers steady to 15c lower best $4 15 80 was closed at Lander Schenley 5 08 glass Distillers Corp 200 900 bulk $3 000 4 10 calves and vealers strong ble 600: 01 5054 calves eet Cattle— ln the !S Alta banks Receipts the the for not ftraneIlfroia have 67 24 SiS operaready new Xwo!11 Champion only tivity For last week and a new class was opened Timken Roller Bearing 6 50 For week— to 60c higher top vealers bulk $3 75 cattle and 300 calve kota sands 3 05 r3 07 drouth 'tion General Cigai pounds Fed steers and yearlings 25 to 40 cents 06 00 other killing classes steady repaid a large fraction of the ad- at Gillette thus week top Year ended Sept 30 50 off bulk of supplies short-fe2 40ft 3 25 lower S3 60 26 spots bulk cows (42 cutteis the made them RFC 43 04 vances by Co The world visible supply of coffee some weakness late on short-feFollowing completion of the school North American 0 2 00 bulls $2 000 260 stocker and feeder 66 67 rewere Powe loans Hudson the ive of restricted stocks in Brazil deof total veal-er cent Niagara 4 classes stead? 25c 00 $3 750 per steers steady to Gillette a class will be open in American Gas and Electric at top higher 82 heifers other killing 62 creased 1218 374 bags or 14 0 per cent 5 40 steady to 50 lower reduced supply of yearlings feedeis 6)25 1 27 20 paid up to July 31 1934) they have Casper early in December During United Oas Improsement during October according to reports to the stockers and feeders strtdv to strong steok calves and heifers steady to strong New York coffee and suear exchange zPreferred zzNot available also experienced the greatest relative the past three months more than 100 1086 wepk s tops pound long vearllnus heifers $3 60 down stock calves steady to Stocks on November totaled 7 083 593 baas 8 In 00 several loads good and choice Rteers weak best steer calves $5 00 less deposit increase on record 7 25 7 75 prospectors mineralogists andtothers compared with 8 301 967 on October 1 and of all weight rubufr stockers and Hogs— Receipts 250 two singles to Calithan eight months demand depositsj Jntereste(j 7179224 bags 7 00 year ago 5 00 selected vealers NEW YORK Nov 3 (AP)— Crude rubber) steer calves fornia steady good to choice 210 to mining have attended fa 57 6 500 6 66 64 lower Sheep Receipts 300 500 drouth sheep of reporting member closed sleadv futures butchers top lights classes the In these with connection E Robert 5 00 down 121)7" January 11 08n March 13 32‘For week -- Slaughter lambs 20 to 25 rents $4 750 6 00 sows Spaulding manager of the risen over 13 per cent Loans how- instruction the laboratories of the cember agenev of the Mutual Life InChicago 13 57013 58 13 34 3800 1760 Ma v sheep airong to 25 higher feeding Commercial higher 0 75 surance company of New York will retire 12 not increased as they lambs $6 95n lambs closed 250 have ever ribbed spot sleariy topped clipped fat lambs steady through government various Jnigh schools in the towns in 8mokd 6 40 to at the end of the year and be bulk natives and range lamb weeks choice to ti — Nominal to Utah is 3 (UP) — ‘the talue of the oil and good Nov ambrt strong if business recovery should developed by John R Hast e Mr Spaulding will have which the classes are held are used $6 35 top shippers good Idahos the field 6 10 to packers Itv 'was named for his ceed along normal lines But the in practical demonstrations completed 23 years with the Mutual when The American Petroleum feeders $5 35 for week lie retires under the company s plan lambs and sheep steady feeders loans sauvhter to has make banks the Idaushter of lability owes the convention to he held her P and native lambs 6 35 strong range top The field owes its be- been greatly strengthened Hence the Bank reopanlnirs so far this year number TINTIC REPORTS EARNINGS best range fat lambs $6 0006 25 best na1245 according to a "me of Lady ng l0 Burkburnett to reports to the American '' ovemoer is $5 7506 25 common tive and medium a teamster's mistake in judg-81- increased bank deposit resources will Tmtic Standard Mining company 250 5 50 yearlings $3 5004 25 top $5 00 a nuim tu Corsicana in 1894 ment constitute an added bulwark for the state lnstimt on A total of 79 insult fat ewes $17503 00 feeding lambs $5 00m 5 tutions were reopened in October of winch when she changed a water well into! S L Fowler a farmer formed a structure of revivery business as the reports earnings of $270000 for the 5 651 75 light weights 4000 85 top with half of 1934 compared breeding ewes $2 0003 feeder ewes the first spigot to tap the greatest Spool for a test well from contributions various obstructions are gradually first 801 $1 15 for the 12 months of 1933 and $321 !of his fuends and neighbors Dun Brad'treet sas that desp te some peti oleum pool m the world The eliminated 3 Nov CHICAGO 1932 12 of the1 months Hogs — for $281844 dunl“ le dim wI1-Corsicana was seeking a municipal kite of the well was selected but the pnc'd 8000 practicalh no good or choice hoa rr:‘0ns James W Wade general manager sale market nomnall lew CHEYENNE Wyo Nov 3 rubber4 woods ruchAsooOsear assayer High gold content was the on drilled a deep 'teamster who hauled in the material steady loinnac water supph They medium to good weights bid 5 250 5 50 and sundries trnve brn lair y well stab- - well but into th-eiearnings for the last half of Morris Willadsen found tinv gold shaft eame report a dumped it far from the selected sparodd lot if light lights sold at 4 75 down: to for the first be those less than has he Since 200 a was Willadsen up chicken then took loon of opened holdover ets nVhrVher nmiIhafprBesl“a12a na3r5a7or 11ck- flck l!clL“d estimated in the crop the’ could not Wheie it was dumped the field was slippers — BINCili AM Cattle 1000 compared Friday Jnsl weJc a streak ot ore which is about five Fed operating ex drink and half due to higher Refining steers and vear'inas closed a6ou DisapKmted thev dulled located The selected site later was M United State ShpiUhk ob- 15 Utah and tons feet 4yOO Apex and wide penses rung company Iteot eadv with week and earlier a’l heifers held deep drank found watei found and bairen eyes open 'deeper Utah '1440 tons art 900 A tons about steady tat ro fully 25 loner bulls as as run that his'tained on chickens He more high cleaned I lucks which could net E specimens company Kipps and sealers siendv extreme ton slrirtiv IDAHO POTATOFS ytrl andw) Tunneli a 31 less head a 30 best Irhotre fed 3 AP — USDA) — ranch 21 miles west of here and iq $87 a ton in gold and silver '“"’P"5'’ Bv the next IDAHO FALLS Nov hoimer cast the rough and andv lands ofnavigate tons'VlSh Copprr NEW YORK Nov 3 (AP — Raw stunr Reagan cars enmen have Friday of Shipping pont mformrtionf for more Several flecks he found wa quiei today No sales wpre rrpor’ed Texans begun to realize ihe tluc ot eountv provded a source of wealth daily wveraKe ol 120 gven their mining crops pr1'fr71 s"oo lorlErBr o b cah track Carload Unvr vallry— 8h 2 were at heifVrs b(4’t for spots Kr7S unchansed "00' "rals ate'era the that uns beneath for the Univer" tv of Texis The ma bU(k Ruset u S No l 7$80 few 82’- few gold axoTagtng in sizo from that of a couragng reports on the property gj" tintic -price t deAfter openjn iur ar d to 5 2 has taken a one and Mere drilled in chnr became hore!! professional miner cline future held thvp ete Hu k on “1 for (V re- their' fret and wr-llpm head to about the diameter of ll 'Ll ronnBrert rr day last aerlt holmsmainder of the asurn e c" iO'i 7 MUIC-O- ' milC ne Punmei fR c nini!v ' Ch rf urmewv Jdrjn In order to pull thorn PliKU U 3 No 2 Eurrka u 8 No jpmhs Ontenn 52‘062l lnpr ('’(’n rcoored the tn’t'pi cr ne roi’p in h(c higher frd ns Unibv vtr?k l’e were 68A0 tors but of riie'e 6''lo vrre 'n FrrB"L--criounlodcfff! Ani Th° ttC"hll-f o b d i"r f o M U the between nw Ci "Vi meek Wiliaden of months a rU'M banh p J meadow on the in k exchanges examining u R ho i scie an'raded w i b i on conwdard 727 Dw Biibr irso detion was aborb°d h pna o mm No 7 4V47 go V Cnief Consci daiert ilmn rarr foiled the Oil The blade rf the machine eng into the crop5 of tjie chickens he kill' The " r5frn c o e sou house buyinc The rrd Ivr'n oer at! -- the fannlv-yie rock-os"r-r 82b Vh’e'aThV’s'Vn rsdeV' to s ass that of ranch and Sib Ms- owner ax’ rhunk iat ot hank g to Vp January l 74b Mrrh 'grmed rn' c riosa iner No u siHsn v s No ? CITY eonvtnhon park e V S He noted unn top Sliver f o b cuh tori! ''min-Wich Rmse t cnn’airod Con'n Park C hot 'On meetings simninletQinz shat looked Sunriav had picked up a number of 'ennill llt the W Ol founds 4 2 2S " on 2 n U K ng Coal lion 464 tons S No 2 lew 37' atnb I Soft or Faik City Utah- No it few 67 friTO jjrofr to he sent ansmall off and ore it nuggets ’like franuiated tfutt oil millions promptly recognized jing field uoiLi Ibuk gold i 40 u II tot Markets at a Glance n a - 1 LIVESTOCK z cross-sectio- - n BUSINESS RAPS Bank Debits Show Business Activity Up 29 Per Cent for Country as Whole TAX INCREASES high-grad- e handi-cape- n truck-loa- - high-grad- on Packers to Show World Supply Profits for Year Of Tin Reported At 18694 Tons four-foo- s 900-foo- high-grad- e 1923-192- 9 50-fo- 7 x Produce Market 100-foo- Business Factors 1926-192- 9 b Gold Production In Ores Ontario Rises Sixty at Work In Belmont Mine common-mediu- 1 $40-2- $8003-86- car-lo- ts N Bank Stocks 1 three-quarte- 230-21- 9 1 Oil Hopes Revived By Well Showing Many Attend Mine Classes y Au-hel- d 50- 1 Share Earnings d 1 1 1 1 1 (APi-H- igh n 1 111 1 u 1 1 d d Rich Oil Fields of Texas Discovered Through Luck & 1 1 1 Sheep-Rece- ipts ' Chickens Uncover Rich Gold Streak in Wyoming - Ore Shipments ’’’c - Sugar Market '’ n- -- t 5 f rl vr° rpTd ’&VnJ l “ I ts v API 5 4 CO nug-193- - Sheen-oO- "t" 5 ihnJii":sJt:chr 4 nnr v rh 11 tn-- ne ot r K- - io i 0 |