| Show II MINES AND MI MINING ING STOCK NS I BORAX OUTPUT T IS LESS IN 1912 J I r Amounted to a Total of Short Shor T Tons lons ons Valued at There Thero was a a. in n the production production tion ton of ot borato borate ores In th the th 9 United Stat States s last year cr according to an advance chapter from Mineral Resources on the production or of borax in 1912 b by Charles G. G Yalo Yale and ant Hoyt S. S Gale Just t published by the tho United States geological Jeo geo- geo logical survey sur The output of or borate ores in 1912 was vena short tones valued at nt as compared with wih tons in 1911 valued value at 1569 The quantity stated Is that of or the crude oro ore as mined for tor delivery er at the thc mill mi or for tor shipment All Al the tho borax now pro produced In this country i is Ie derived ed deri from front ores mined in California In fact virtually the entire entro product Is 18 derived derived from four our mines mines- one in Inyo county count on ono on in Los Angeles AnKeles county count and ant two In Ventura county Formerly borax was obtained from the tie called so-called marsh or dry lake deposits which wore were worE worked in Nevada evada Call Cali Cal fornia and Oregon The bor borax x and ani and boric acid now produced is derived wholly from deposits of or borate of or lime I i in which is the entire entre source i of or JU supply ppl There Is la a a general Impression that has been found in so man many places and in quantities so large in re relation relation ro re- t lation lalon to the small smal demand for or borax and boric acid in tho the present market that there need be bo no fear tear of or the ex exhaustion ex ex- of oC the deposits In tact fact act however however how how- ever E in nearly nearh all nl deposits mining has proceeded with wih great and pos possibly sibly Ibl in a more or 1 less IH wasteful wa way Mining Mining- entries are general generally driven Ahead somewhat at random the pockets pockets pock pock- ets ete of or ore being gutted and shipped before attention is II directed to the tho blocking out of oC ore in reserve If I this practice is continued even oven the tho large largo deposits of or now noW known vii wll not last Indefinitely and the tho exhaustion exhaustion tion ton of oC ono after aCer another of or the workable workable work work- able deposits Is expected Since the tho discovery of In 1882 at least one largo large district has been worked out and abandoned w Even en should the richer deposits ul ultimately ul ul- become bocon f exhausted however howe there are man many other possible sources source of ot supply Including the tho marsh margh deposits formerly worked to which recourse could again be had hod More Ioro Important than this a new factor is entering the field of or the borax Industry with wih very velY I recent developments dC The natural saline deposits of the western desert region have hr e come into prominence as asa a 1 possible source of potash carbonate I ot of soda common salt sal and nd other products prod prod- Including borax n as one of the i very promising mar marketable byproducts Ir of nt any Industry that m may succeed in I de developing the tho other othol salts in a com corn f wa way i Borax is used In many trades in In ln tact fact to lo so great preal an extent that U Is not easy even for tor the producers to tell tellIn tel h in what particular wn way it I Is IB used S f From tho the records of or the sales department depart depart- ment mont of oC one of tho the largest argest producers In the tho United States the following list 1st of or trades using borax has hns been compiled corn com cor- cor r piled Pled For Foi enameling In crockery crocker by potters and rr tile manufacturers For food In baking baking bak bak- ing powder butcher supplies creameries creamer creamer- ies dairies food preservatives atves flavorIng flavorIng flavor flavor- fla Ing extracts D By fish and arid food tood packers pack pack- InS ers meat packers and pickle manufacturers For kitchen kithen and toilet toilet toil toil- tol et B By department stores dr dry goods goots stores i general stores hotels and and math mall mal order houses For laundry In laundr laundry laun- laun aundry aun- aun dr dry supplies b by soap manufacturers Sand and starch manufacturers For manufacturers manufacturers manu- manu t of automobiles agricultural sf Implements ments axles axes B By Dv brass brans brals and 1 copper smith blacksmiths bicycle manufacturers in blacking backing boilers candles casein cotton carpets dyes electrical supplies foundries firearms glass slue glue hardware ln and iron hats Ink Ink Jewelry lamps by miners and assayers assayers as- as 1 sayer sayers sayers In machinery nickel nickol plates plate oil oil varnish 01 paints and pumps paper plumbers plumbers' rs' rs supplies printing playing cards stove polish steel and sewIng sewIng sew sew- Ing machines shoes silk tobacco tanneries tan tan- l' l tools threads textiles wa wagons ons and carriages water welding weldin f compounds willow ware an and watch I cases case For medicine In drug drug special special- it ties use in hospitals b by manufacturing chemists In patent medicines A copy COPT of oC the r report port may be obtained free on application to the director of tho geological sune survey Washington D.C. D. D C C. C TINTIC ZINC MINES j RESUMING SHIPMENTS As was a recently announced with wih tho the c rise of or the price of zinc several Tintic S properties which were making mono money when the metal brought 7 a n hundred but quit when It I dropped to 5 have decided de do- to start mining their zinc again Ma May Da Day was wa- W the heaviest spelter apeler shipper ship ship- per per nt one ono time It I is It about ready t to resume zinc Inc shipments to the Mississippi ls pi 11 gas belt bel smelters 4 4 M M M t H f t. t v f 4 t t 44 t t t tOIlS t tf f f 4 OIlS AND BULLION f 4 4 Smelter settlements yesterday 44 4 4 reported b by Co 4 Ore received bullion f 4 shipped 1 f ff f Silver was quoted at COic copper cop- cop 44 4 4 per ver cathodes 1647 c f lead 1 3 A 4 4 4 JAMES PEAK MATTER Contractor Returns From Denver Work Denver Work in Park City Mines When the Moffat tunnel Is la put through James peak on the lino Jno of oC the proposed new railroad from rom Denver to Salt Lake it I will wi represent a great channel six miles and four tour long requiring at least three years In construction giving a a maximum vertical vertical ver Ver- depth of oC 2800 feet and probably costing more than Yesterday J. J A. A quick action Quick acton tunnel and shaft builder of Park CI City was in Salt Sal Lake lie He has Just re returned returned returned re- re turned from the site sie of the tho Moffat tunnel where he went wont to look hook over o er the proposition preliminary to making bids on 01 the tile great undertaking Mr I Is T doll doing a n lot of r ff c c. c rr i-rr- Irl r. r t tIr tT t Mr Ir paid said that the mountain to be penetrated Is 11 mainly a ahara hara haro I gi great i. many li l' l veins in lii II th the mountain moun moun- tam tain lie ho said al and the prospects are arc very cry cry good for tor making s erics of oC Importance Right now nov there are a a good man many pro prospectors in the hills his In that section and there are several sev SC eral oral promising mineral showings The contract between tho the railroad I company and the city will wi be published I in detail in tho Denver papers on August August 24 This publication is to be made In order that the citizens ma may be fUl fully informed as to intelligently vote on the proposition This matter mater of oC helping to finance Cnance the tunnel construction construction con con- will wil be voted on the tho last of September If I the bond issue is voted on in the tue affirmative everything everything every every- er e thing will wIl be in shape to commence tho tunnel construction Imme immediately late I alto afterwards r vard s. s Park City CIr A Yorki York ork Mr i. i is at present carrying cai out two large arge contracts of oC mining work at Park City In the Judge Daly-Judge he new has a force of sixty five men on developments At At the Silver SI er King Consolidated tho the triple-compartment triple shaft shaf Is down 15 to 20 feet below the I 1700 1100 level The Tho first round of holes has already alread been put In for tor tho the large station staton to be cut cut at at the tho 1700 level This station will wi be 14 1 feet teet wide 14 1 feet hl high h and 20 feet long The dump ex expedites expedites expedites ex- ex the th handling of or the waste waste Mr said salt yesterday that he hopes to have the Kin King Con Job completed com corn to the tho 1500 foot oot level evel and to draw his working equipment by the tho middle of ot October Progress has been somewhat delayed on account of ot on- on countering a hard Jenn Jenny quartzite but below bo bothe the 1700 it I I Is expected to find easier going Above the 1700 level levelis is where here Mr 11 and his force Coree o of efficient made record men recent recently a of or sinking and timbering 7 75 feet In 18 days dys EASTERN MARKETS IN UNSETTLED STATE By Badger Bros Private te Wire New York Aug 21 The The 21 The Mexican sl situation was the principal adverse factor factor fac tac tor in the tho stock today tolay Lower range sent over from London was re reflected re- re In prices at the opening when tho tue losses of from Crom 1 to 1 point were recorded in mn many of the active act e stocks Weakness ss In 10 Amalgamated Copper was s thought to be due to the decline In metal In London Steel common had hadan hadan hadan an increased loss of oC g A point The fact that the strong reco er recovery by Bank of oC England did not bring a reduction Inthe in inthe inthe the rate ratE was tho the cause of some Bore com corn meat ment ment While there thore was no special weakness in tho the market the tho trading was sas too narrow to form an any conclusion conclusion sion slon as to the Immediate trend The opinion was expressed traders were not in favor tavor of a advancing prices until more mor was known regarding af affairs a- a a- a fairs in Mexico but placed themselves In a n position to support the market marketon on nn any unfavorable news Foreign selling amounted to about shares Closing prices prIce showed fractional losses in most of tho the active stocks Sentiment Sentiment Senti Senti- Sent ment was as inclined to be ho bearish bearish- Hutton Huton Co i New cw York Aug 21 Today's 21 Today's market markot I was irregular and there was no feature feature fea fea- ture changes being narrow narroW North Star sold oft off fractionally The he oils ois were active In spots spot spot-Fa Fay Boston A Aug 21 1 Market l.-Market Market opened narrow narro and ant quiet quiet Some specialties sold off a n fraction with wih tho the market continuing dull 1 In the afternoon Copler Copper Copper Cop Cop- per ler metal has hns quieted down considerably considerably consider consider- ably abl with wih price Just shaded under 16 cents Market continued absolutely dead during durin the tile entire s session Hove Kenny Kenn 8 Co UNION CHIEF IS REPORTED IMPROVING It I Is reported that tho the Union Chief at Santaquin Is showing better beter values alues in a raise off tho main tunnel tunnel A visitor visitor vis vis- from there says Iron spar with wih oc occasional occasional oc oc- chunks of silver lead leat ore oro are arc being encountered There arc are several se eral other encouraging places s In the tho lower levels All Al this deep development has haa been done with th the expectation of or pickIng picking pick pick- ing lag up a n lower extension of ot the tho largo large body of excellent silver lead ore leVel leVel- on the level le el OLD YAMPA PLANT PLANTIS IS TO BE SOLD Circulars have been received In this city from G. G B. B Schley New Now York Yort president dent lent of the Yampa Smelting company compan n advertising the thc Bingham plant machinery machin machin- cry ery for Cor sale saie Tho The smelter has has a a capacity of 1000 tons dally daily daly Th The Tho company is a a. subsidiary of ot tho the Tintic Mining Development Do De Co Under limited conditions conditions condi condi- tons the company's Bingham mines arc are said to have hL e made about a month until the tho closing down In 1911 Recent Recent- ly hy tho the Bingham ham property was started up under Manager Shea NOTES AND PERSONALS Price of oC elIcItor advanced ad to yeSterday yesterday yes yeS- yel- yel a a. n gain ain of 10 points Th The New York stock tock exchange o will wiil wi close on August 30 on account of or labor Ua day corning coring the next Monday Monlay Tonopah h Ex Extension te II S i o n yes yesterday y declared de do clarel cared Its rc regular ular quarterly dividend of 2 cents and 2 25 21 cents extra New York estimates Utah Coppers Copper's profits at 16 cents at 58 8 a share In a year ear earI It I Is la reported that additional addition addition- additon al stock will be bo b the tho wi Issued by International International tonal Smelting company compan in order to finance a new smelter at Miami Ariz Mix Smith of or the Rico Argentine IB Is IBIn IRIn In 10 from Rico Coo Cob for tor a row few days das He lie le reports the property continues to ship about a n carload carland of ore a lay day rh The Wellington Rico mill mihi mi lu is I still HUl th shut t down on account of ot a misunderstanding with wih the power pO company compan Solon olon Spiro general manager r of the Silver King Consolidated expects expect to leave tocla today for tor the tho coa coast t where ho hn will wil ta take c a fow OW Weeks Weeks' vacation E. E L. L Godbe will wi leave lenva the last ast of the of-the f the week for tar th tue th east wh r ho he I is going II In the tho interests l of thu th Rico I KING CON CON- JUMPS UP 12 PONTS POINTS Made 10 Points Advance in Open Board on Sales of pf 1 1600 Shares Silver King Con yesterday caught some of the tho wi wise e on s om-s napping Its Ita It sudden drop of ot 10 points mints after ater the Uio to cent 25 cent dividend was WI c de declared de- de dare gave the cue to would gae Clo a number tb that It woul b be a beautiful dort and aud the They tried It It con consequence l-IJ l nce was wa that yesterday e afternoon the stock not Hot only recovered the loss but had a n few l points to 10 spare This Thil occurred In the aft aft- mo n open The Tue first sales ules amounted to ew eG shares at 16 and tnt the tho stock rapidly JC up no tok leap leaped to 10 i raJIl In all shares eJ hands fhe me curb showed a 1 bit bi more moro life IUt with wih io Ing recent gains galus and TIntIc Central both holdIng hold hold- ho tobi rhio sales yesterday amounted t to t shares valued at 11 07 Tho The official closing quotations tt were as os follows I ForenOOn At I I l ii i 1 sk if I Ask lOud 6 2 00 O 05 0 o 11 ek Jack os 0 ci cs s 09 inca 10 OJ 10 0 Tails Tal 00 O 00 00 l 1 0 0 l lor Jo 13 1 14 13 14 Con 03 09 1 02 1 10 Cio CAD Mercur Cn 0 r Crown n Gro Point 0 2 2 1 12 Daly 1 0 10 Eastern O oo Gi m F Crown Point 00 F fin Con O O C O j E. E il Tin g Der io ii 01 Em Emerald 11 03 I 09 1 raj Thomas 02 0 t j 0 63 03 Odd Golc Chain Chisin ZO 3 31 Grand Gron C Central S f S S Queen n 00 O Iron Irn Blossom o um 1 0 J 10 Iron 1 King ln 12 Joe Jo Bowers Dower 0 0 1 Kin William 0 05 04 0 05 0 05 kin 0 I hl 04 01 01 11 Ion Lion JI 09 03 00 M O 01 I. I Litte I tc Bell Del 02 I. I J. J MAmmoth 01 3 On 3 11 Mammoth 1 10 1 Maion alley 6 SOi 80 60 Mn n Day O 06 05 list 01 02 01 Q O o r Moscow ro eo 30 o 10 25 Nevada o 9 ss so 91 New c Ils 0 12 9 e 10 Ohio Copper 3 30 56 6 15 3 37 0 02 03 0 03 Pioche born i 01 Metals 01 g Pitt Idaho 10 10 0 r PG t Cn 0 Con Z 33 3 0 Cn i. oo oo O 3 c Seten Troughs 01 N 01 SI XI King Coain 13 10 UH sli SI King Kin Co COl 1 Sioux Con 0 OZ 03 02 OJ 03 So Iron Cn Dlo O CZ Swansea Con O 00 01 0 Ol 01 o Central 00 01 00 01 United Tintic |
