Show t MINES AND MINING MINING STOCKS STOCKS I SOMETHING NEW FOR ARIZONA r Utah Prospector and Rancher m j Discovers Rich Gold int in inIA I A ft t Andesite A 4 r f Handicapped by having ln to use a Q Jug for Cor or a mortar and a fry fry- ng rig pan from which the greato had been eliminated for a basin a gold was made down in Arizona L. L few days ago that may prove provo of oC im- im to that great mineral state C. C A. A Thompson an old prospector who rears ears ago o took up a n. acre tOO ranch own lown at Pluto county count where ie e IR IB now flOW successfully raising the tho kind of or step step- era erst has ha Just returned from the great opper state There about six lx miles mites rom Tom the town of ot Winkelman on the anthem Pacific railway ho he accidental accidental- 3 y discovered ered sorno somo ore oro that runs ruml as as a a. ton Tho The ore Is andesite stained red with Iron rom om which the coarse gold old Is ng in a n. most scandalously enticing Mr Thompson had previously se- se a group of ot claims where he has foot toot shaft This shaft has opened contact fissure vein eln between lime imo and walls waihi Twenty Inches of or tho the verl everal ver l feet of oC sulphides assayed 25 gold 72 ounces I silver and 2 8 er cent copper It Is 18 a most promis- promis ig g proposition Unable t to resist his old prospecting ge Mr Thompson made matic up a a. crude UIt and started out to do a n. little outing on his hh own hook About two lIes dIes from his workings ho ran on to toa ton ton n a andesite dike lUte cutting through the theIder thelder Ider lder s and porphyries jf Everybody in Arizona In lootIng looking for or orold old wont won't see it In any anything thin but the quartz quart So that was what r. r Thompson was searching for tor too ut somehow this v vein ln of oC andesite good to him So using his hits quick quick- Iver lver mug for a a. mortar and after atter scraping tho the grease from his frying pan he ground up some this reddish rock Judge of ot his surprise when a string 1 1 it lj i a o eted his delighted eyes lIe He tried h hers rs with the same result Then tho the aid of or a glass he found Cound that c C gold Soll was fairly sticking slicking out all aller aller fer er many of or his samples Some of ot em tim he brought to Salt Lake Latte this icek ek Thc They are a attracting con consider consider- lder- lder lc le attention on account of oC the fact at free tree gold in an intrusive of ot this turo ture I is something entirely new for Izona tactically Practically no development dc work ork has hasen jen eOn en done on th the property as it was discovered it-discovered and located locate a a. few days fo o. o The el rein is about aboul four COUI feet wide the I the surface Thile In Arizona Mr Thompson and 4 two associates associate also alfeO took a bond on onIS' onIS jig IS' g low grade proposition It shows character of ore that has given ghen izona the tho fame rame of being the heaviest per producing state of the nation I IRTH RTH TINTIC GROUP 1 SHOWING IMPROVEMENT g tSp Special eJaI to The he Republican Herald 2 Andrew 4 roYo April Madsen I nager of ot tho Tintic Delmar Mining I of ot Provo and C. C R. R Larson or of ish Fork returned this morning n tho the company's mine in North orth Tin Tin- both men feeling extremely mel pd d over the present appearance of or L workings Mr Lar Larson on said I I 1 carefully examined the Tintic Del- Del r property and In comparing condil condi- condi l r IB B at the North Colorado mine right ct t to whore where tho with lie 1 1 ore L wa was or found it se e in n me in c un UH un u ir low OW being sun sunk as rapidly a as three threeS S I can sink It it I J must say the D Delmar lmar pie pic have every overy reason to expect the thenny I mt any time The fracture planes the Lite lime are beginning to show the rust and from Crom au all appearances this V p Pert erty PertIs rt is sure Bure to be a a. winner In a short time TAL iTAL MARKET AGAIN SHOWS IMPROVEMENT IMPROVEMENTs a s By Badger Bros Private Wire M iston ston April 2 Copper Copper shares 4 ned easier reflecting the weal weaker er ket in New York Trading was small email however hoe and by br the end of ot i first hour thc they became rather ir- ir ilar lar with activity Increasing in and a. a iges geB were Wre on the down side aide though P fractional 1 to 3 L and then lo died idled Calumet Arizona was waR the ure ture In strength Granby and North orth lie e vied with each other as the tho weak Lures ures ureA off 2 and 15 U. respectively In 0 early earl afternoon Granby turn turned d to a a. 0 ling ing advancing ad feature Metal mara mar- mar a continues firm and Improving Ing y Kenn Kenny Co tw w York tork ApI April I I 2 Curb Curb coppers quiet toda today l and practically un- un ged United Cigar Stores lost a tC le e. e but British American was a lIt lIt- stronger or crossing 24 4 Oil stocks o t rule were stead steady on a small bust busi- t p Fa Fay a. a rg IFF MINE RESUMES SINKING THE INCLINE L t the Cliff mine the regulation pro- pro 1 Ion of ot about one ono car of or ore oro a day being cing maintained according to Gent Gen- Gen t Il Grant SnYder who ho has med from Ophir Sinking ha has bC been 11 mcd from th the bottom of or the TOt TOt- q Tho The Intention Iti li to carry earn an shaft haft down at least HiO feet Ceet fur fur- V The he present of or t Is output ore com coin toe from several se places in the mine 2 I tAH UTAH CON ANNUAL I MEETING IS CALLED Secretary A. A IJ LT of or New ew York announces that the annual meeting of or stockholders of or the thc Utah Consolidated Mining company will he held on April Iii 16 In tn the eastern r office The rue II la last t liU U UJ u. OV u 1 O I u. u 0 V b 41 I LL UG uc mailed out throe three days before this meeting meet meet- ing lag Georg George I I. I Walker Valker In the Boston Commercial mal makes es this dividend a total of S I a IL share or a total of or since the thc company compan began op op op- cr orations Ho comments further President Charming has Issued a preliminary preliminary pre pre- statement covering th the thi main f features of or the company's operations last ast year Production amounted to 1 pounds of ot copper pounds of or lead ounces of ot silver and HO ounces ounces of or gold Net et earnings earn earn- ings wore were Ore r reserves eN were wore maintained which means that as much new oro ore was VaR developed as was mined but the average grade of or the ore re reserves ro- ro son serves 8 remaining in the mine shows a slight lI ht decrease as compared with a year cur ago Shaft to Twelfth Utah Consolidated's shaft shan Is now down to the twelfth level and development develop develop- ment work at that depth has only re recently re- re begun Considerable diamond drill explanatory work Is under wa way Tho The shipment of or copper ores oros has been resumed and approximately approximate tons of lead ore la is being sent to tho the smelter r dall dally daily The company compan 1 still BUll has a largo large undeveloped area In the tho west end of or Its I property and this Is being explored It Is 19 estimated that the strike of ot the miners in the BIngham district which occurred last September co cost t Utah Consolidated Consolidated Consolidated Con Con- in expenses and loss lo loof of production production pro pro- at ot least Otherwise stated tho the company's net earnings for fot forthe the he year car probably would havo have exceeded hut but for Ol this tills Interruption of operations While Whilo the grade of ot the copper ore has s so po o far continued to decline with In Increasing Increasing increasing In- In creasing depth It Is the tho intention of oC tho the manag management ment to sink at least an another another an- an other hundred feet teet and diamond drillIng drill- drill lag Ing ng will ill probably be done to still sUll greater depth to ascertain whether hether there here Is a zone of ot enrichment farther down There is Ie a a. considerable tonnage ton ton- nage of ot ore In the tho mine which will not note be e Included In irr the tho estimate of ot reserves In n t the tho forthcoming t I annual n tonnage n of t 4 2 II I lt a t. t o i. i U u V 01 4 U r. r Will UI ue oe Included included In- In eluded In the thi estimate of ot reserves Inthe in inthe the he forthcoming annual report because of t the Hie tact fact that tha it cannot be mined and shipped with profit on the tue pre present ent price or of copper Should copper coper advance to toIS toIs toS IS S cents or higher however r. r this ore could be mined and marketed profit profit- ably The lead ore as so eo far tar developed oc occurs occurs occurs oc- oc curs i in more or less Irregular deposits but it is of ot good grade and Is at present pres pres- ent nt nt the company's greatest source source- of Income It will be noted that Utah Consolidated produced more lead last year ear than it did copper The heavy falling failing of off in its copper production was due in part to a an enforced ce cessation of shipments of copper ore durin during and andor for or som some time following th the strike Q of oC Its ts miners REPORTED UNION CHIEF LEASERS MAKE STRIKE I It Is reported from Crom Santaquin that leasers easers In th the tho upper workings of ot the thc Union Chief have ha struck It rich It Is Isaid said aid that on the foot SO-foot level lC below the he main tunnel they have e opened up a a. till full face of shipping ore oro A. A AX N. N Larson Lanon superintendent of or Union Chief was In Salt alt Lako yesterday He lIe said he had icard tho the report from Santaquin but butt It t had not been confirmed Quito Quite a number of oC carloads of ot good silver lead are re have c been taken at various times from rom these thORO upper workings It is tin un- that a mo em movement mo is under wa way to o strongly finance the Union Chief Company SEVEN TROUGHS MONARCH IN QUARTZ Conditions are er very encouraging at athe atthe he tho Seven Se Troughs Monarch according to o advices received this week from Nea Ne- Ne a ada vada Three to four Cour feet of or quartz has hai been cut alongside of the porphyry ry dike The dike is upwards of oC feet wide vide and drifts are aro being sent both south and north along the strike On the he east side of the dike Is la where the quartz is coming In strong T I NEW BOSTON YORK II I I COPPER MARKETS Badger Bad Brow Bron brokers broken S. S Maio furne b th the s following r received yesterday their private wire Ire BOSTON COPPER RANGE GE II I J L. L CI Cl 1 CM 22 I 1 i 2 Commercial 3 y Butt But k Superior 10 o 53 3 lY Z I 23 Calum t I 65 Z 6 Chief 1 it i 1 Cop Copper r S 45 4 5 raI Daly DAly lans 2 ule I-ule Blue Ben 10 it East Fut Butte nu 10 11 l 1 i 10 Fron 60 6 I 6 1 6 Granby 4 61 e 3 Zt I t 3 r reens Cananea 1 O Ts I i OO 4 10 10 1 13 4 lIe hie 2 v lake l' l laJ 46 4 4 10 7 1 H 2 orth rb Bute t 17 O ot 4 h 10 6 so EO I. I OM Old 70 OL 1 4 OI 6 6 i 3 Osecla 33 J 34 i 3 d states 44 41 Hi 41 41 Preferred g 4 41 1 3 4 H Utah HI W Hi 9 5 Utah 10 1 i 1 nOSO CURD STOCKS ii x I At k Mich i f. 15 46 I B 2 Valley al 7 1 t i Ely C c 6 INc Douglas 2 2 2 7 I S S t I 12 1 i 1 1 2 Chief Con cn 14 l 1 Shattuck 2 I Corbin TO 0 t 75 7 Sup Globe rl 7 1 12 1 4 II Dull Daly l 1931 JI Yard 6 67 0 o oI I F. F n. n nii I. I 91 1 10 IJ I. I Witch i 10 10 0 euda Utah 3 5 lY Inspiration H 16 1 1 Ut 0 o f NEW XE YORK om CURD CURU I n. n I L. L I Cl CI 3 3 H U 14 14 El laio 10 4 4 1 4 Ely Central t 11 10 10 0 1 O Oren n 7 1 hula lUls tO 11 I La L Ito Ho 10 io 11 2 2 i i Both Utah r t I WI 33 13 1 13 13 I 10 I Drad n 11 9 Kerr Leie IC Ie 1 In 1 NEW XE YORK YORE D STOCKS ISalt 1 I. I I 1 L. L I Cl CI Utah Copper l Copper 2 2 f L' L 12 ZO O 1 IS H s 2490 2 2 I ted 2 1201 41 41 m flay naF 39 4 13 Miami 1011 4 24 2421 21 IT 17 16 17 11 1 ue w s I I TOTALS MOUNT Up UP HIGHER THAN USUAL With Iron mossom coming to th the Irn rescue with S. S 0 00 oo bares bae coin oln at t 10 rescue to 4 wih iS J tb the totals total nt at the local Joal milling exchange yesterday bowed up A t little tatter th o than ha has been Ien customary of or J Jn in n lie he forenoon O ope bon bongo o of ot a bock block of ZOO share rz a a 6 c c cents Prince Consolidated d lapped lp ed to t 64 t C 5 again while Union Unton Chief went to 4 cents its t low 10 figure firt In a Ion long time Oth r br were re rather matUre and more or ILC The Tb tot loUl sales for th the lay to G bares abres valued at r ou Official closing quo were cre as a follows I Forenoon II Bid I isk I JI BI BLAak I Alk nee Beck Tunnel 1 OG o 03 r W gs Amli 04 0 03 04 O 0 Black Jack Jack 10 I tj CO 1 01 j Century a Cl O 4 f Colorado lorado C-lorado Mining n 15 H 13 H 14 Columbus Con Cn O 05 15 6 w U 14 Con 00 06 Crown Point Cd 03 03 03 Daly Daly G 1 io 0 1 12 Daly Ju Jude e 80 65 6 6 65 Dra Dragon n 18 f Est r 0 F. F F. F On CAwn Point t CJU r I i. i Til Con n 0 F. F 1 Tin Tn Der O O 1 io 10 t O 01 Gold 01 Chain 37 40 fl 40 Grand Central 76 50 O. O 7 Indian Incan QUe Queen n. n O 02 02 02 Iron olom 0 1 Iron Irn King 01 10 01 10 Joe Jo Bowers w 01 CO C 06 I Keystone tj 0 10 10 r Kinz ln 10 10 Icing 05 04 0 04 Lebi Tintic Cl 0 02 01 1 02 Lion Hill HIl oi 01 Oi 07 O 0 06 Little Litle Den Bell LI L. 0 Ot Of 43 OS 03 12 o 14 0 Mammoth 10 20 O 1 50 0 Maonie lu 1 2 i Mason VAI F 00 S. S S. S May a Day Day 12 13 12 1 12 Mineral Flat Gl 01 OJ 02 01 a 02 Laie 01 6 01 Moscow 1 1 13 r 40 Nerada lillis 1 00 New York r 03 10 1 03 Ohio Copper 75 63 if 74 33 5 4 I S 06 0 I Q f 8 6 PI h. h D nh me rn M 1 n Pich Metals t- t is- is 00 02 02 Idaho tS 63 1 1 C 05 5 CO c 03 CI I 05 0 1 07 0 Prince Con 6 63 w 05 63 63 Pi POTO oo 61 O I fl W I ocI C j ot 01 4 Roth Roh Cr Point 10 16 I 10 16 1 To hl 03 0 04 02 C 03 j sit SI 23 I Sil Rl ICing Con Cn I ig 76 97 7 7 73 10 So Pacific 0 20 O I 01 30 Shield held I 03 3 SIoux Con Cn 0 03 05 03 CZ S. S Iron Bios I O r II o swansea Con Cn oc 01 01 oi Gi 01 I. I O Central Centra CO 01 01 1 Tintic 01 II O fl 01 United Tute I 1 O j 1 1 00 Uncle Sam Sm 10 II t 1 to 10 Utah cm Cn 1 1 0 I O I UnIon chief f Oi M 1 l 01 I Victor C Cnn n f 1 I OHI 1 ii ot Oi I 1 ot Om Con Cn 1 I t 63 I 33 I 5 Wilbert n rt I 1 0 00 I 09 t I I 07 0 t 69 Yankee Con COl 10 20 0 II 10 I. I o O Yer Copper O 06 10 I il ii 10 10 G. G dr Clr Crown Cron 0 Iron Irn Hat flat OY 02 Ingot 1 I II I 0 02 FORE FORENOON OO SAL SALES S. S Odar nr n. n 1000 C at it Ic le May M. Day DIT W Sto 00 at a 1 IC c. c r. r t KO at United Tintic COO t 00 at nt t ac c. c OPEN OrE BOARD Cro CO s-s s Point at a c. c 1000 10 at f-c. f S. S Pince Prince Consolidated d. d At Ge c. c Central 2000 0 at e. e Shares sol sold 1100 Ulo l selling tD nIne 64 GH SALES riOh D Demijohn D tOV at it 1 e. e Pin Trine Prince c Consolidated 10 at Sic Union Chief 2000 0 at t c OrE orr OPEN BOARD Iron mo som at d 1 May I O 0 at 12 e. e Utah Consolidated 1000 10 10 at a 1 IVic e Shares SLues sold 1 ceiling UNLISTED STOCKS Salen on tn th the curb yesterday were cre confined tn to Alta AHa Consolidated disposing oC or 1000 10 shares hares At 23 21 cents cent and seln selling 1000 10 at 20 0 0 and 31 U cent centa cents The closing curb quotations were an as a follows l Alta AHa Con 23 New Yet Yer sC s- s 3 Col C Ext Ex 2 Rico Well I 1 I Drag Con C 26 6 21 So S. S I 10 MeD Ely 17 11 I Quin QuiD U 34 I 23 PENSION PLANS OF BG BIG MINE COMPANY Probably the most Interesting Interesting- feature feature feature fea fea- ture of the fourteenth annual annuli report of the American Smelting Refining company IB Is tho the announcement of ot the I distribution of a cash bonus honus of ot 20 0 to 00 a a month to faithful employees 60 to 65 5 years of or ago age who ho have ha e been with wih the company compan for tOl twenty years yearn During the year ear and appropriation of ot from earnings was made for tor this ac ac- ac count The Tho pension fund now amounts to President Daniel Guggenheim discussing discussing discussing dis dis- cussing the pension |