Show 1 MINES AND MINING STOCK QUOTATIONS EAST BEAVER IS 10 FRONT Tot Filer Eiler Wi Will Start Up Sheep Up-Sheep Sheep Rock Rich Ore Ore Beaver Beaver Butte in Ore That tho east cast gold belt of Beaver county I Is going to come into its own pretty quickly now Is the opinion of M. M W. W Jr who was up from Beaver City yesterday lb Ho Is one of oi the successful sue suc land merchants of that enterprising enter enter- section but cannot keep his lUs lUst t Singers lingers out of the tho yellow belt that l Is rapidly being developed a few miles I north of oC town Mr Steele reports that F. F C. C Cheathan of Warrensburg Mo ono one of the heaviest est stockholders in the tho Tot Eller EUer Min Mm- Mining r ing company was wa out inspecting the Q property last week and returned en enthusiastic en- en over present conditions The Tot Eller IB Is next to the old Bob Roy mine When the was sent in to catch the extension of the Rob Roy fissure the Tot Eller people were somewhat somewhat some some- what surprised to to cut cit Into what appears to be a a. big subterranean placer The values in sold gold do not run high but still better is is' the fact that the sands seem to be extensive With cheap water at hand low grade dirt be made very profitable Work on the Tot Eller ElIer has been suspended for some time but Mr Steele said ald yesterday yes yes- c that men will be 10 put IUt on right away Reports from the old Sheep Rock flock arc C- C that sou some high grada crude ore has haa been struck The ore has haa been found on th foot level and again on the ISO Some of the best is reported to run close to 1 a pound Tho mill recently erected is said to b bo turning out bullion at the rate of about 12 a day or better than a month in gold bars On hand the other day was a lot of or thirty tons of concentrates that will average near bV bu a ton electric power win directly be oper tIng the mine hoist and drills At the Beaver Butte a crosscut from p the of the foot 80 shaft passed through a vein of 10 10 gold ore A littie little lit lit- tie tle further along the assayed S Sa Sa a ton Tho drift from the level is also In the same character of ore The entire district Is livening up In Ina a most encouraging manner and an In Influx inI in- in I flux of prospectors and operators is predicted for the coming summer CARDIFF GETS t THE CONTACT Cardiff of Big Cottonwood has at last struck the contact In the lower tunnel This word worl was received yesterday by General Manager Ezra Thompson from Supt It r. Barney Barnoy The tunnel Is now In InSOO SOO feet The face where It struck the thc contact shows a crushed zone somewhat mineralized For sonic some time the work has been in the limestone and the contact contact con con- tact is between that and the In the upper workings working which have have- been BO so productive of shipping ore the tho theore ore came almost entirely from fissures In this same bolt of quartzite It is the expectation to follow this quartzite contact as It makes for forthe forthe the old workings a thousand or more feet ahead This tunnel will vIlI tap these ore fissures several hundred foot feet below any of the tho present workings The general opinion is that any time now ore may make In this contact and the pushing of this long will be from this on watched with double in In- In terest The Thc It is understood will varly this spring put in electrical equipment with high power drills to expedite ex cx- the thic work TONOPAH WEEKLY ORE l SHIPMENTS TONS During the tho week the tho Tonopah Min Mm- Ing company company- pont to the mill tons I the tho Belmont tons tho Montana Montana- l Tonopah tons the tho Tonopah Extension Exten Exten- i ion sion 1060 tons th the West End 1050 I tons the tons the tho Jim Butler tons and the thc Midway MIth-ay 50 tons making the total production for forthe the week tons the estimated value being being- The above valuation tUrn tion Is based on the actual gross mill mill- values of the tho ore says the tho Tonopah Miner UTAH CONS FOR YEARS Itemized Account of Production tion floii Cost and Profits Since 1907 Utah pamphlet report for 1912 Is Issued Operating results compare with those of the preceding five years as follows according to L. L 1912 1911 of fine copper of ore treated TotI of ali UX 6 Total paid for new construction per tO on 97 Pound copper PC too Ot 73 1 Copper coit per 7 7 ii Profit per stock issued L. L 5 33 Balance per ebare 16 per pound for cop cop- cent 1317 From copper ore nd copper torn lead ore r A UL ui I per copper Is arrived at by crediting the cad values as well as gold and silver against the tho cost of producing copper and estimating that the copper was as old at an average of 1628 cents a The forced curtailment of production caused by the strike of tho tha company's minors miners last September is believed to have cost the tho company more than In expenses and re reduced re- re earnings It will vIll be lC noted however however how how- ever that the tho actual cost of handling a ton of ore oro was lower last year yea than thanin in any of the preceding five years General Genera Manager Cowans reports that there is now In sight in tho mino tons of copper ore averaging per cent copper ounces gold goldfind find ounces of silver tons of first class lead ore averaging 1496 per cent lead ounces gold ounces silver and per cent copper also tons o of f lead ore averaging per cent lead ounces gold ounces sliver silver and per jer cent I copper This compares with reserve j l l a year ago ns as J DOJ tons of copper ore averaging per percent percent cent copper ounces gold and ounces silver tons of first i class lead ore averaging 1544 per cent lead ounces ounce's gold ounces sli sliver ti- ti ver and per cent copper In addition ad ad- P it has the same tons of of law grade ore that It has now assay values of which correspond exactly On tho whole the ore reserves in increased Increased In- In creased somewhat in tonnage and de decreased dc- dc creased only slightly in grade DurIng During Dur Dur- ing the year feet of new and development work was done comparing with feet the tho previous year The reduction work was chiefly the tho result of the strike PREDICTED COPPER WILL RISE TO 16 CENTS B Badger Bros private wire Boston April S S. Market opened with witha a strong tone and an upward tendency cy but volume of trading was light North Butte was advanced a point on small volume Butte Superior was well bought at 33 and St St. but declined later on odd lots Coppers set back frantically at midday under New York weakness The good producers producers' reports has not ns as yet the share market It is believed the tho metal will shortly sell at 16 cents Late Lato trading was more closing at the high prices 1 Hovey Kenny Konny Co New York April 8 The The action of the stock market was most moat confusing after an opening within a fraction of Mondays Monday's Mondays Monday's Mon Mon- days day's closing Weakness developed In Inthe inthe the petroleum stocks Mexican Petroleum Petro Petro- leum common sold at off 2 22 points from Mondays Monday's closing and the lowest price at which the stock has sold since the initial transaction The decrease of pounds In the stocks of copper on hand met the general ex expectation cx- cx and and was reflected by the strength of Amalgamated Copper Shortly Shorty Short Short- ly y after th the Presidents President's was published the market became active and strong rally being led by Read Read- Reading ing int Copper and American Can At the close prices were vere at the high of the tho day with brisk bidding for stocks Scott New York Tork April S. S S. was very light ight on the curb today Coppers worn were unchanged and the sold off fractionally There were no iio features Fay COPPER PRODUCERS SHOW DECREASE Now ew York April 8 The The statement of tho ho Copper Producers Producers' association for March shows a decrease in stocks on hand of pounds compared with the thc previous mouth month Supply of copper on hand at the tho ond of March aggregated pounds against In the preceding month Production In March was a decrease of S pounds Domestic Domes Domes- tic deliveries gained foreign sales increased by pounds the Increase in total deliveries amountIng amounting amount amount- Ing to pounds 4 M M MORE i- i 4 4 4 ORE AND AM BULLION 4 4 Smelter settlements yesterday f by Co reported f 4 Ores received bullion 44 4 4 shipped 4 Silver was quoted at cop cop- 44 4 4 per cathodes spelter New NewYork 44 4 4 York lend lead 4 NOTES AND PERSONALS I V. B Hay one of the tho best known time old prospectors and mining mining- men of the west will leave fr Denver to today today to- to day to look after sonic some mining inter inter- ests He lie recently came In front from eastern east east- em ern Utah For some time Billy has been connected with Miss Linnie grow and seine Homo of her successful mining min mm- mug ing propositions proposition On account of disagreements between between be be- tween the tho pumping pumping- association members merit mem hers bers many of the old Comstock mines I of are closed down for the first time in thirty five years They are now 2400 feet deep and so o hot that the men can work but a few fc at a tine lime and then only with streams of cold water playing playing- over their bodies It IB is reported that Ray Consolidated and Chino Copper may pay lay dividends next July Chinos Chino's March output was pounds exceeding exceeding- by over half a million pounds its previous largest larg larg- est eat output Ray Consolidated March output was pounds hounds Report of Yukon Gold for year year- ended December 31 21 shows production of operating Costs coat of 2142 leaving net profits of Royalties amortization interest es CS general expense and dividends at ato tIte rate of C per pcr cent amounted to foo o leaving surplus for year of or it It 1 understood that Drummond in namE In of Cobalt has been sold for about LEASERS AFTER AFIER E MINES Virginia Louise Shaft Down Feet Feet Bristol Bristol and Yuba Leasing 11 ir W. W Rand was In early In Inthe Inthe the week from Portland Ore to look after mining interests Of course ho visited the Virginia Louise in which he i la a large shareholder says says' the Record He expressed himself as being delighted with the results achieved from the campaign of development that has been going on there thero for some somo time and gave out the information that ata nt at nta a of tho board of directors held early in the week it was decided to let leta a contract to sink the shaft to water level The Tho contract has since been awarded to George Karakas who began work yesterday The present depth of the shaft is feet which on the tho way down from froni the surface has penetrated at least feet of ore and the bottom of time the shaft Is still In ore Crosscuts and drifts have been run out on the COO SOO level to the extent that practically tons of ore oro has been blocked out It Is the purpose of the management to continue the shaft to the objective point then exploit the tho ore deposit there and raise to form a connection with the This lone done the company will vilL be In shape to produce ore upon a i decidedly economic scale Mr Rand was glad to note the ac activity activity ac- ac being displayed by the Prince Ex Extension tension company and feels sure that the tho efforts of this company will be well rewarded Leases in the Pioche and Bristol districts districts dis dis- are in demand Several in the latter have been let recently subject to tolie the lie approval of the board of directors of the company It appears to be the tho policy of several of tIme the local companies to let leases on desirable ground The Amalgamated Pioche will find no difficulty in finding leasers for some of the mines along the Yuba dike MASON VALLEY ORE RECEIPTS FOR WEEK Below is tIme the total ore receipts of ot Mason Valley smelter at Thompson for week ending April C 3 Nevada Douglas copper 14 1 tons Mason Valley mines tons from mines 1 tons shipments ship ship- meats ments of copper matte from Thompson for same sante period 11 carloads THREE ALTA MINES WITH ORE ON HAND It was reported yesterday by a man manfrom manfrom from Alta that the lease on the City Rocks portion of tho Utah has from 75 to tons of good shipping oro on hand awaiting the corning corn com ing of the ore haulers that the Alta Consolidated bins are full and the tho ore is being stored on the drifts leading to the tho portal and that the thic South Hecla has a good ore showing on hand besides besides be be- sides what hat was recently sent down loWn to market Time The Columbus Extension 1 still has u a streak of ore In iii the raise TINTIC CENTRAL IS PATENTING GROUND Reed Heed L. L Anderberg secretary oC of time the Tintic Central Mining company has re received received re- re United States for his company for the following mining claims Nevada Xo No 4 Eva fraction I Raymond Gregory Greg GreR- ory id Dad This makes fourteen patented patented pat pat- claims In the tho holdin holdI hold hold- in I gs SAX CO fladger Brothers brokers Main street furnish fur nish nieth the following quotations received over wire i Atlanta 1 16 17 1 Booth 6 IT I 6 7 73 C. C 0 r. r 6 I It 12 S Irac 6 u S-u-aizo Daisy 4 lerra Ner 26 7 B. B 13 3 4 UnIon i W 62 Con 45 I 4 28 2 Caha for 2 t 13 Jumbo 2 tim jc Star 21 22 66 Spearhead Spearhead- i i p. p Tx 17 13 3 M ei 9 E Cs Big Four 2 2 North 31 75 Gold Wedge S 10 Eula 13 14 10 E. E Iau 3 4 j jI I 5 M. M II Coo 1 it iz t. t Glory 3 Con j 3 P. P S. S So Cp to Nv iliUs 1 Comm Vs 11 12 ON LOCAL BOARD on local yta- yta W was rather devoid of Interest wits with no tock reaching even eTea near ear the feature dead line Stiver King Coalition sold up to 3 May Mn- Day Dav held at 13 12 cents cent Prince Con sold at it 63 cents again s d Iron Blossom went at st and 01 23 24 cents higher King T was waa a bit a-bit hit Crown Point was In demand la ia the morn Ins hour Sales Sale for the day totaled 2200 shares tares rained i nt itt Official quotations yesterday yc were as follows I Bid I 06 01 06 02 02 Cob 14 13 15 CoL Con 13 16 Cemi 03 o I o F C. C ii I. I Tin Con r. r Tin oi 10 GoIl 37 ao Central 77 i 92 02 q Iron Iron Joe flowers 10 Kina 03 Tintic 00 Bill TAttle Bell Len Len-er 03 04 oz Mn- Mn 11 12 1114 12 d 14 os i 10 90 10 90 Mason 50 May 12 11 Mineral nat 0 Lake 01 03 f 03 Nevada lulls 1221 ew York 02 C 01 04 Copper 76 83 4 25 03 oi 01 Pioche Metals 0 02 01 06 C 62 61 Ci O 01 C I- I v i. i II I 2 Tr 03 03 04 S. S Icing 00 31 Kin Con Coalo 90 South Pacific 01 30 01 30 Shield S. S Iron Bho c wane Con 01 01 fin Central 00 67 00 01 Tin humboldt 01 United Tintic OOh 00 Uncle 10 06 10 i 01 Union Chief O 06 03 07 leor 04 01 Victoria 56 54 51 Wilbert 10 08 10 18 10 16 er Copper 04 i 03 08 FORENOON SALES Crown Point at Z lc lOM at buyer 60 days Iron Blossom CO nt mit May Mey Day 1000 nt at I oW at St 5 Prince Con Can 0 nt at Cc c. c Silver King Coalition at 3 Wilbert at 1 orEs OPEN BOARD King William at 5 Demijohn at lye Shares sold value i SALES atLES CdO a 4 pc Prince Con 10 at BOARD Iron COO 00 nt st 51 50 at 1474 May Day GOT 50 nt st j 1 Shares sold oid Selling value 1647 UNLISTED STOCKS Sales picked op rather surprisingly sur sur- totaling shares Thompson was the loader disposing of 2300 shares at to 35 cents Alta Alt Consolidated sold CCO 60 at CS S cent Columbus 1000 IOCO at 5 S cents Rico Wellington c 00 f at 31 cent cents arid and McDonald Ely 12 1250 0 at 13 IS and 20 cents The Tb closing tion iii curb yesterday w wre re AS 5 follow Alia Con j 20 9 Ely t IS F. F H. H C. C St. St 07 IOS 05 Yer 07 03 Col Ex E. INt C CS iS ss Dragon Drason Coo Con 1 Quincy T. 35 S 35 KM ed lIly 01 02 I Bull Valley 05 is Home Run 03 I j BOSTON NEW YORK 1 i COPPER MARKETS Badger brokers ICO Main Iain street furnish furnish fur fur- nish the tho following quotation yesterday yesterday yester yester- day our or their private wire BOSTON II H. I L. L Ci ci 1 1 1 Arizona |