Show 1 MINES AND MINING STOCK QUOTATIONS COPPER TO RISE RISEt t IN LAST OF YEAR i John D Ryan Expects to Seo It Climb to lo Near 1 18 8 Cents Again While in Butte Butta a taw for dye days ago John D. D Ryan ono of tho leading copper au authorities au- au and copper manufacturers in tho world expressed in no words the present conditions and future futuro outlook for copper at th tho some amo time Injecting a a. deal of optimism into nis flis talk The gist ot of It ha has appeared in these columns by wire but tho follow follow- In ing- ing ingIs Is a a. account of what he Tho copp copper r metal market is very much improved and n. n larg o business been done dono in the tho last month both In Europe and by domestic consumers Production is not now equal to consumption con con- end and the copper trades the world word over are uro very busy I I expect to seo tho price of metal the last half of this year a as good as s it was ws lz in the same somo period last This win wili enable us tinder our to pay miners tho wag wag-o advances ad- ad Han vances ea upon when copper sells IB 15 cents cont April pay rolls rofle will bo be at for miners end and corro- corro ponies for other Tho Montana Power company of I r have haro taken the presidency is preparing to commence work in Connection with tha building building- of dams nt at Groat Falls and Thompson Falls Both projects will bo be rushed to completion and ought to bo be fInIshed finis in three years Tho developments to bo made at those together with transmission linos Ito bo be constructed during the same po po- p Iod will cell call for on an outlay of from to The TWe power In this state ore aro in advance nd- nd vance pronce of those In any other section of country Work of electrification of the St. St roti roan I will begin within one year and be completed in throe three I bar no doubt all transcontinental lines will be electrified in a very few years over tori ter- ter i where they can e get t cur cur- rent a from water power One of the great of else elec- of railroads will bo In the tho of forests of western Montana Idaho and Washington Coal Coal- locomotives always are a. a menace to forests in dry seasons One large forest firs destroys timber that would represent in yams value the cost ot of electrification of all the northern transcontinental lines from eastern jl I Montana to the coast t EASTERN STOCK MARTS WHICH WAYS ARE AT By Badger Bros Private Wire Boston April 25 This market showed firmness on th the initial trading but In sympathy with New York sagged off Jar large pro fractions In several instances North Butte was the tho strongest feature inasmuch as It hold Its opening level well Other coppers sold off on a very small volume of shares Were it not for the tho recent heavy and nd thorough this market might bo be stated Ao t be In an exceptionally weak M on London metal IB is easier being at equal to 1 cents for June d m later deliveries Tho demand is vo y light at present The Tho afternoon market was vas quiet Wolverine decline Granby sold off on odd lots Market Markot closed dull with a steady offering of small email lots Hovey Kenny c Co York April 25 At At the close of the tho today the general list showed a material decline most issues making low records for tho present Stocks were firm at the tho opening most issues showing a gain I lover oyer Thi close Tho postponement postpone postpone- ment of jcl n on the California land bill and tIle trie conclusion of a tentative peace agreement between Turkey and the tho Balkan allies tended to create a better feeling but the trading element clement continued ry vry bearish and after the tho first hour bavy selling took place Support WAS knot not aggressive at any anytime time during toe the day and rallies were very feeble Many of the Important I issues were pressed for sale in larger volume on rumors of fresh continental complications Sentiment was very bearish at the close Scott Now New York April 25 The Tho curb list listi las i as a. a rule was heavy again today GLi was the weakest spot in the i coppers copers selling off to 1 11 16 rallying slightly near tho close Bradon also I sold off fractionally to 81 H. West End EndI I Iwas was in Sn fair demand at IB Fay PARK CITY ISSUES STILL FORT Silver King Thompson Quincy and Alta Con Make Heavy Advances With Part Oily Olry i ne still honors honor en on both the tho board and the tho curb another com com- heavy hearT dv of won wn brought to a clo ft at t 2 30 Doth BOth Silver Iio and Thompson re reached ch l now new levels Sliver KInK Kins Tit sit 4 GO and told up to J K on isles salen of tares Iron ws OK KO ot again anin Ohio Copper continued at st the cren eren 3 Jl 1 mark Lehl Lebi Tintic bus bits ji doubled dur loir mR th the past f few w w ek selling yesterday at ot 2 24 cents S Sam m turned In i fit fitS t 9 S cent cents On curb Alta 8 S point from last salts Sales for th the lILLY day totaled shares valued slued at JOTS Official quotations quotation j y were as s Forenoon I Bid I ART II Bid I Ast fleck 03 03 00 07 05 10 Black Jack 10 10 11 15 03 Century Con 07 0 00 telo Mining lIll 11 CoTi Crown Z 03 Daly io is io js E. E Point 00 00 O OF F. F Tintie Con F. F TintIc Der eO Gee 06 05 doUL 55 43 a Growl 67 77 63 Z Indian Queen 02 02 Iron Blossom 1 14 Iron Toe C 06 06 W 03 O 01 16 01 06 Bell Louer 03 07 14 07 14 Mammoth Meson Valley 85 80 Day 13 11 1 Mineral Flat 01 O Lee 0 c o z Nerada Bills en O 5 02 2 Ohio Copper 11 7 01 06 1 04 0 01 0 02 02 ir co 48 5 Provo ot o 02 OI 4 0 Itoch Cr Pt 15 02 03 03 F 20 K Coan 4 4 IC cn oi an oi Surer Shield 01 10 iliou os oj os South Iron flo 00 Con 01 0 01 01 Tintie Central 01 00 01 United 00 00 00 00 Uncle 07 00 Con 03 01 Union Chief 03 02 ictor o 04 ictorIa Con 14 57 I 06 Wilbert t 10 06 10 Yankee Con 10 18 1 13 Copper MORNING SALES SOW at st Colorado Mining 50 at Indian Queen MO at He ce Lab 1000 at May Day ed nt at t Surer Silver King Kins Coalition TOO at M orEs OPEN BOARD Black Jack JacL 1000 at st lie Colorado 10 W 0 at 14 c. c ron ron-n Point 2000 at Sc J Mammoth 2000 at SUc 0 at it Ohio Copper too SOO at II 31 Uncle Sam at fe e. e Shares sold Selling value AFTERNOON SALES Beck 2500 nt at r 2300 at Colorado 1000 nt of e eIron Iron Blossom at Jl 37 60 at Jl 40 May Dar CM 00 at UMi Con Consolidated at t at Sc Es CO at 49 Surer Silver Coalition s at T Gilbert Wilbort 1000 at BOARD Colorado at Iron Blossom TM SC at Mineral Flat Piat at Ic Ic Sliver Silver EIng Coalition at tl 55 Suares sold Selling value 50 UNLISTED STOCKS was again the fester OT on but Alta Consolidated created consider consider- ablo Interest nhen orders caine In that sent nt it from IU Its last tales asies ot Pt 20 28 cents up ut to o 34 cents Tie To total curb tales esies for the day reached little abort hort of ot Wednesday with and with 1400 opened at Ct St and closed at K having reached CS 56 cents with of shares Atta tta Con on sold at 31 cents Ex Ex- tensIon tamed l In at cents Closing quotations yesterday were as ae follow follows nid Ask 02 N. N 07 03 Aita 3 It 30 Col 03 it 27 OLD NATIONAL MINES PRESIDENT IN GOLD CIRCLE John E. E Pellon Pelton tho known well nUn min lag ing man formerly general manager of the tho ty of the National Mines company arrived In town this noon flOOn from Colorado says s th he Winnemucca Silver State His son George S S. S Telton Tel Tel- ton was a passenger on Western Pa Pacific Ia No 4 which arrived this after after- noon Tomorrow morning accompanied panted by Attorney L L. L O. O Campbell and Charles P. P a San Francisco mining writer tho Polton will leave for Gold Circle to Inspect the Eastern Star In which the they are aro con ceis and heavy stockholders During the coming summer a large amount of money will bo ho spent In development work on the tho Eastern Star and after a thorough inspection of the tho property by the gentlemen mentioned and Supt R. R S. S the tho summers summer's work will bo be laid out TINTIC WEEKLY ORE OUTPUT CARS Special to The Tho Herald republican Eureka April 25 Shipments of ore from the tho Tintic district for the tho week cek totaled carloads which aggregates nearly tons of an approximate valuation of This Is 29 cars than the production for the pro pre week which vas aa unusually light The Centennial Eureka shows an Increase in In- In crease of 4 1 cars Iron Blossom 2 cars Eagle 1 car and others show increases as compared with the tho previous wo week k The individual shippers for tho week are aro as follows lou S Tunnel 2 iron 2 Chief Con 2 Blue Bell Grand lease 1 Dragon letas Gold Chain i BullIon ISeck Mammoth fi j 41 RUMOR THAT BOSTON ELY MAY ASSESS Over Badger Brothers Brothers' duplex Wire yesterday from New ew Vork orIc came the information Cannot cot any definite on Boston I ions seem to b bo tint it will vill be as but when o or how hou much cannot bo to UTAH COPPER 1912 Shows a Net Profit Over 1 1911 9 1 1 of 1 and More Ore in Sight Utah Copper company stockholders met j yesterday ez In annual meeting at Jor- Jor soy oy City N. N J. J and elected re-elected the tho old board of directors and listened to the presentation of tho annual report leport for forthe the tho year oar 1912 According to this report released the thenet thenet net profits had been increased 1805 1505 or from In 1911 to 8 S.- S. J In 1912 The total Income ac account account ac- ac count was Increased or from in 1911 to In 1912 The Tue Increase In liz profits per share were from in 1911 to u 31 during 1912 1012 Compared with the previous year one of the tho features Is tho Increase of 15 tons In ore development do and partially developed ore which at tho lose close of last year scar amounted to tons averaging n 1495 per cent copper A decrease in production was mado as a result of the tho strike during tho last quarter and from which the company compan has not fully recovered as yet The production In 1911 amounted to 93 pounds of copper ore as compared corn com pared with pounds In 1912 1012 Costs were also increased as a result of this labor difficulty from 7 cents pe rei pound to J cents Tho comparative production for the past three years is as follows 1913 1912 1912 1911 January January- February March April May June July August September 1 October November December CHERRY CREEK STRIKE IS FLATTENING OUT Reports that the tho alleged strike west of Cherry Creek was a salted proposition proposition reached Salt Lake the fore foro part of this week but In hopes this was not true tho matter was kept quiet Now tho following following- from the Ely Expositor confirms the rumor of the worthlessness worthless worthless- ness of tho tue No further news has come from the Johnsons Springs mining excitement and some somo of the tho local men who ic- ic turned from there yesterday state stat the camp was being rapidly deserted as no noone ono one hut hilt Douglas could pan any colors out of the tho rock taken from the alleged find and nothing of any Importance could be found in the surrounding country One sample from the ledge which was not above suspicion of hiving hiv hay log ing been salted was worth a tort ton tortin in gold according according- to the tho assay Ono One sample taken Sunday and crushed in inan inan an assay office grinder failed to show a single color when panned Several of the experienced prospectors who were nt at the new camp Sunday stated they had panned a a. good man many samples sam earn pies ples of the rock they had personally taken from the ledge and that they thov could not find a color in any of It and noro thoroughly disgusted with the tho crude attempt to fako the mining world The Blaine mine i is not far from there and has good ore opened up while numerous prospects along the range offer tempting inducements for exploration When there is more aye aye- systematic work done on sonic somo of them the chances for developing real mines are arc good DEEP CREEK RUMORS DOWN TO BRASS TACKS Stories relative to time the proposed railroads railroads rail rail- roads for the Deep Creek district continue continue con con- to be heard on the tho streets It Is said that since inee Capt Duncan Mc- Mc Vichie's return from the west vest that a meeting meeting- has been called of local mining men interested In D Deep ep Creek to be beheld beheld held in this city today or the fore foro part of next week This is to consider matters matters mat mat- pertaining to the mlle branch front from to camp Other rumors are that a party of mining men and engineers recently went over time the theold old sur e surveyed ed route from One man with an extensive ranch embracing log ing- inga a large and valuable spring of water wa Wa- tee ter neat near Fish rish Springs Is said to have been approached by a party of men who ho said they wanted to acquire time the ground for a shooting shooting- club It is also said that ono one of ot the most valuable groups of claims in Ferber has Just changed hands and that negotiations for working contracts on some of tho Clifton properties are now undo under con con- ROCHESTER INVITES TO COME Invitation was received yesterday by bytho tho thu mines and mining committee ot of the tho Commercial club to make an excursion to the tho new Nevada camp of Rochester sonIc some time next month the tho date to be determined upon later A Joint Salt San Lake Francisco Jaunt to time tho new camp ii IB projected The Tho committee de decided decided de- de that the club could not afford to jond ond delegates but It Is expected that Individual members and anil mining mun of Salt Lake will probably mako malco time tho trip MIZPAH OF TON OPAH MAY INCREASE STOCK From Philadelphia yesterday came carno word that nt a special meeting of di directors directors di- di rectors of Extension company of Tonopah it was decided to recommend recommend mend an Increase In the tho capital stock to by the tho shareholders at their annual meeting on May 8 DENVER PEEPS OVER INTO UTAH OIL FIELD Quiet but persistent work has been for some tim In progress In the Green River oil region of Utah That Interest Interest Inter Inter- est is not dying out hut rather lather Is showing Ing an Increase may bo be Judged in inthe inthe the report a a. few days ago of one v. v who ho filed In behalf of himself and associates notices of location of no lc ices s than claims Denvor Denver Dally Daily Mining Record NOTES AND PERSONALS W w. P Jennings general manager of the tho Grand Gulch Mining company Carn came In from the mine yesterday after several se weeks spent at the property He expects to return In a few days By wire came word yesterday that for the tite week ending April 24 copper exports totaled tons Since April 1 4 I. I ORES AND BULLION 4 4 x 4 Smelter settlements yesterday f reported by Co 4 Ores received bullion 4 4 4 Silver was quoted at GOsc cop cop- copf f per spelter i I- I 4 ew york lead if f 44 4 4 4 44 UNION CHIEF PUTS FOUR TEAMS ON ORE Two Cai Carloads loads in Bins High Bins High Iron Ore Assays by Leasers Tour Four teams began hauling ore on Thursday from the tho Union Chief bins which are busting full according to W. W D D. O ono one of the leasers it who ho In from Santaquin yesterday Mr Mi declared that the bins now contain COO con tain taini at least two good carloads of ore and the tho men are working on more of It In the tho 80 SO level which I is about feet from the tho surface Assays have Just been finished on heavy iron ore from a st off the 80 which carried per cent Iron and 7 ounce silver sil Another front from 40 feet above went 5 ounce silver and per percent cent iron another from this same drift assayed 5 5 ounce sliver silver 1 11 1 per percent percent cent lead and per cent iron These assays were nude made from samples Just brought up bv by the tho leasers leasere When the Chief leasers in the tho upper block of the tho ground were In town about two weeks ago they thought the tho roads would not be bo In shape shapo for hauling ore to advantage for nearly a month Thou Then came a |