| Show I f MINES AND MINING STOCK QUOTATIONS I OHI OHIO COPPERS COPPER'S PRESIDENT TAlKS Says i He Represents Bank Banker rs S' S Sand and Will Wil Work Out Company's Corni Com Com- r i pany's Problems Tho The Is from tx-on th tM the New York Tort Mining Ago Ape Just lust received In this city olty If I as report has 1118 It it President Allison Alson of ot the Ohio Copp Copper r company compan Is sick ot of his Job certainly Mr r. r Allison is ia not nol taking taking- any medicine for his ailment In IE Inan Inan an interview with wih a representative ol of tho the Ape Ago yesterday he saidI said ald aldI I ge have decided to stick for tor tho the present and nd to work out tho the problems of ot the Ohio Copper company compan i if ble Engineer En Atwater Atwater has Just re returned returned returned re- re turned from an c examination of at tho the property and has ha prepared a a. n report which will probably be pre presented ente at atthe atthe the thc directors meeting on Monday the provided a a. a quorum be present But Bt there is at this thi moment grave doubt as to whether a quorum will willbe willbe v 1 1 be on hand Several of the directors will wi be out of or town at tho time but butof butof butof of these Maurice Levy has signified his intention of or coming into tho the city if It his presence be bo needed Mr fr Allison Alon denies that he o owns nR share or anywhere near such uch interest in tho the Ohio Copper company In fact tact ha hn sa says s 's he owns only a very few fe shares ehnes which were ere bought when the stock sold said sad in the open ope market at about about 1 As As a I hol holding stock ing investor he says cays saS his Interest In tho the company I la 15 practically nil nl It I Is as a banker banko and only very ver Indirectly at that that th t Mr lr Allison Allon says he ho owes owes his hla affiliation with Ohio Copper Not that the te National Na- Na a Reserve Bank or an any other bank bk In which Mr r. r Alison Aitson Alson is Interested owns own shares in or is affected by Ohio opper B By no means mens mea Is such suc the the ca case Associated In Interests Interest As is well wel known knOn J. J W. W McKinnon of at the Assets Realization cm company pan and others of ot Mr M Allison's Alson's personal friends are e heavily interested in a a banking way in the tho securities of ef o tho Ohio Copper Copper Copper Cop Cop- per company COmplY Naturally it behooves the Interests of or these thes friends of Mr r. r Allison that the value of Ohio or the value Alson of at ta its It shares chares aa 33 collateral be benot benot not Imp impaired lre in an any way IY shape or I mner manner says say Mr Ir ATI Allison Allon la on It I was at atthe tho the earnest enrest eay request 0 of these and ther other friends to protect their interests that friens Mr M. M Allison was induced to lend lond the moral influence and support of at athis his name namo to the tho te Ohio Copper company And at that it required six six months' months ef effort effort ef- ef fort to make mako clear to Mr Allison Alson the advisability of ot linking himself with wih the com company pa and ad then the only after ox- ox pert or what was regarded as expert expert I legal and engineering advice had been obtained On the tho strength of o Mr Allison's Allison's Alli Alli- AU- AU AUson's sons son's connection with wih the concern new now Investors havo have been Induced to be become become become be- be come interested in the tho tb Ohio properties and old investors to retain their In int tn- tn t terest ores tHeretofore t. t Heretofore continued Mr tr Allison AUson on the strength of ot or rather rater on account account account ac ac- ac- ac count of at the weakness of m my o own n Immediate Immediate Im im- Im- Im mediate Interests In Ohio Copper the affairs of the company compan have been heen administered administered ad ad- I ministered largely largel b by one or two of ot the directors It I Is needless to mention menton names The policy seems to have pre pre- to paint the proper In glowing colors but such a policy I am not not will- will wl- wl to endorse and emphatically de decline de- de dine cline to endorse any longer unless and until an honest and painstaking examination exam exam- of ot the ground warrants it iOn On that account largely Mr Ir Allison in- in that the tho directors may may if Ir the they wish to continue their past policy in Issuing apparently unwarranted unwarranted statements statements statements state state- ments or perhaps rather statements not borne horne out b by adequate examination of the premises But if they the do so 80 the they will wl from Cram now on have ha to make it plain that such statements statement emanate from the directors director rather than by authority of or the president president Asked his opinion as to the reason I for tor Ohio's abrupt decline on the stock stok market Mr Ir Allison Alson said ald that he be is not Interested in the ups and downs of Ohio shares hares as affecting speculators Inthe in inthe inthe the shares markets His sole sale Interest In the property is to put the mine itself seI and its is mill mil at Bingham Utah on a paying basis if i that be possible EVAS EVA'S CONDITION GROWING BETTER Mr Ir Hyde of Mona Iona was as in Nephi Wednesday Ho He Is one of ot the owners in the Eva mine in the Nebo Kebo district district te When en interviewed of ot conditions In that mining district he said sald We Ve are comIng coming com corn V ing along fine When asked asko If J the conditions were getting better beter he frankly answered the they were vero getting better eer every day says the Juab County Times 4 4 t 4 t f MH 4 f ORES ORBS AND BULLION 4 4 Smelter settlements yesterday esterday 44 4 4 reported by Co 44 4 4 Ore received bullion blon 44 4 4 shipped i 4 Silver was wa quoted at copper cop- cop t 4 cathodes 4 per spelter 4 lead 75 4 i t f WIVES OF DRINKING MEN You can cn B save V your our drinking hue hua- hu- hu bands bands and sons eons b by giving giving- them tho the Neal Nel Drink Habit Treatment Your husbands may my be fighting the te drink habit with all al of ot their will wil power J. J but when tho the Irrel irresistible craving for tor alcoholic stimulants comes coes on they cannot resist and the result Is another another another an- an other big drunk No doubt the they are discouraged by repeated failures to to stop of their own wn accord acord With certain failure and ruin staring them theta In In the face tace you ou should act for them at once and send fend theta them them to the Neal Institute Tho The Neal Nea Drink Habit Treatment Treatment Treat Treat- ment meat Is safe sate a sure Bure vegetable remedy that removes the craving for tor drink In three days without tho the use of ot hypodermic h hypodermic hypo hypo- po Injections Call and get satisfactory satis- satis factory proof and references factor or write or 01 01 phone for book of ot Information The Neal el Institute 25 E. E Second South Salt Sait Lake Cl City Watch Wasatch 1791 DRUG HABIT BIT l SUCCESSFULLY TREATED METAL PRICES HOLDING STRONG I Statisticians Declare Position Strongest Known in History B By Badger Broa Dros Private Wire Wire re G. G Boston Doston Aug Stone Hayden Issues Issue held up well wel Butte Butto Superior Is steadily gaining In production and ond will wi be bo a leader In this market markot In tho the I near future on prospective dividend anticipation Calumet Hecla Heel continues continues con con- to Increase working forces and strike news newe sent out continues to favor the mine owners Metal prices are holding bolding strong wih with 16 cents asked for tor Immediate delivery copper A statement state state- mont ment has been Ben ut b by the big sell Bell sel- sel ore ers asking consumers to prepare for tor October needs as the tho statistical position poe poe- I tion Is the strongest over ever known In his history ton tor of the tho business Trading was dead during the entire entre session with wih no special t features Hovey Hoey Hovey Kenny Co Now York Aug Aug 26 The The 6 The news re regarding regarding regarding re- re garding tho the Mexican situation was not at at all aU reassuring today toda to the tho street based principally on reports that President Wilson Ison Intended to recommend recommend recommend mend to American residents In Mexico the tho I ad advisability of ot leaving that countr coun coun- tr try Fractional losses wore ero shown at th th-o th th- th opening Stool Steel common showed an nn Initial decline of 3 i at and during the first hour sold down to 63 London was a seller seUer of ot stocks to the extent WR of at about shares The afternoon market was os dull dul and hla heavy There seemed to be an Increasing de desire desire do- do sire by those long of ot stocks to reduce their bY lest something atan of at an unfavorable nature might develop At the close prices wore were around the tho opening level with sentiment rather inclined to be bearish Huton Hutton Co New Now York Au Aug 26 Thero There were vera no features York In today's curb market The oils were under pressure Price Pric changes ois were er narrow In the mining list Fay UI U. S. S SMELTING LUCKY IN MEXICO Company Now Earning 5 a aa aa aa a Share Share July July One of Best Profit Months United States Smelting Refining Mining company compan has been most fortunate fortunate fortun fortun- ate In escaping from an any Interruption to the operations of or Its It Mexican silver silver- gold properties Ues How Im Important a matter pr this Is may maybe be gauged by the statement that at tho pr present sent time op rations op In Mexico at the Pachuca and ind Rol Rel del Monte onte properties contribute contribute contribute con con- tribute from 25 per por cent to 33 3 1 per percent percent percent cent of ot th the parent company's compon's total profits according to the tho Boston News Bureau The he Mexican mines In question queston are aro located In inthe the state of or Durango about sixty miles mie from the te City of ot Mexico and the governor of ot this state has so conducted te Its affairs as to keep that district free from tram an any hostile hostle demonstrations demon demon- on the part of or the insurrect t I on I At the present time tho United States Smelting company is earning at the rate of at 10 per cent cent or 5 55 per share on the common stock as compared with earnings at the rate of or about 57 7 i per share for tor the te year ear 1912 Both of ot these figures are aro after atter a liberal allowance for depreciation The Th month of or July was the best this year nr In point of ot net earnings While construction work on the company's compans new railroad In Utah Uth has been somewhat delayed the progress on the entire entre coal proposition to date has hns las been most gratifying and for the year ear 1913 the official estimate Is made that the earnings 8 of at the coal properties proper- proper ties les tes will wi be sufficient to to meet the full tul Interest on their cost In Itt 1914 there ther should be some velvet elvet for tor forthe forthe the parent company compan CARDIFF FOLLOWS STREAK ORE Found for 50 Feet on Hanging Wall Wall Ships Ships Wal-Ships Ships From Fron Upper W Workings From Bi Big Cottonwood comes word that the Cardiff's lower tunnel Is sho showing up splendidly these days The Tho tunnel is now In over 1300 feet l For Forthe Forthe or orthe the past tt fifty feet teet there has been a n layer of at pretty high grade lead silver lead siver-lead- copper ore found lying up alongside of or ortho tho the quartzite hanging wall wal The foot foot- wall Is limestone This condition Is la different from tram anything ever found Inthe in inthe inthe the upper workings which have been so 80 productive of at cl high class s ore are Up there practically all al the tho values have come in iii a a true fissure vein Yein In the tho quartzite With a a soluble limo lime foot- foot wall wal In the d deeper workings some big ore shoots aro are anticipated almost any anytime anytime time now nov noV Progress Is being made mado at the tho rate of ot to feet teet a n month on the tun tun- nel Two To lots of ot ore were shipped from the raise In July and and steadily extraction extraction ex ex- ex- ex traction tracton is in being made this month UTAH OIL CANNOT I USE TERM MAXIM MAIM According to word from Hartford Conn Patent Commissioner Moore has refused to permit the Utah Oil 01 Refining company to use the namo name Maxim on Its trade trad mark lie He says The word mar Maxim would In m my opinion be regarded as the name of ot an Individual b by tho the majority of or persons seeing this word used as a trado trade mark especially In view of or tho the fact tact that an that Individual of ot this name namo has haa has gained gaine considerable considerable con con- fame ta of at recent years yearn gained An attempt was waa made to communicate cats cate cate with Manager Howard or ot the tho local company compan but he was waa out of ot the tho city last evening However at the office Uie no word had been received relative to above action NEW HAVEN BREAKS TO NEW LOW RECORD ew n York lf A An- An Stock t s Of t the New York r. r VT- VT ew v l Z 5 rw J railroad which has ex ox a a. 1 d decline within the tho last lut year that has hai made history in Wall Wail Wal street broke er badly again today Tho price fell fel oter 4 i to i iIO once moro more oa tb Wl a l low record Or p pr price prk c but IO subsequently qu It rallied to 54 MH I The Te t stock In for former r years Jeal sold wId a as A high as a and at Its It pronounced 1 within withie recent foreshadowed the te reduction which was made in the rata ucto r-ucto from fm S i to 18 Wa mad rte p per r c cent nt HIGH PRICED ISSUES WANTED King Con Iron Blossom Ohio Prince and Colorado Are Active t Deemed to suddenly switch from froni too tJ priced low stocks to the higher consequently the volume of ot nalea a aggregated e much higher tb than n usual Iron Do Blossom Blosom om sold over ore 2000 m around aund 12 Ohio Copper o opened n at 3 36 r cents cEnts aro aree U o to t 3 33 and la in II the tho to afternoon afternoon aft dt slumped off Ci to 36 again Silver Gins eron Consolidated disposed of IWu 1100 1 ba bare at liGo Colorado traded In SO shares at 13 1 and l 1 cents cent Prince Con Consolidated 10 sold old hI 1300 no shares at ai 35 33 cents Curb trading showed d Thompson Thompson- Quincy still BUn on OD a rising market mArket while South heels Hecla maintained a low level Ine l Sales Bales ca for UI the da day yesterday amounted to SWO c abates ban bar K values at nt The Te official c closing quotations yesterday were verc as u follows I Forenoon Afternoon I Jf I Bid Dd I Ask Aak I ILd Bil I uk Asic Beck k 0 0 06 O O 0 G 3 Amal mal 03 Hi 04 07 f BI Black ck Jack 07 0 09 06 09 Ot Jacl 10 C Cedar 01 O 0 I O Col Colorado raM Mining 13 13 13 11 Con Cn O Crown Point 0 OI 01 02 0 Daly Ie 10 10 1 14 Judge Daly-Judge e 6 6 Eastern Prince O O i East Point 0 00 1 00 00 01 East Con 00 Eat East Tintic De 10 O O C 0 O 1 Geol Thomas 00 0 0 Cold Chain Chalu 55 27 33 Goil Z 3 Central S 63 W JO 53 Indian Indan Queen 01 6 ci 01 6 Iron Blossom Iron Irn ln 1 King Doum 12 01 17 12 Keystone 0 1 13 King 05 07 05 C 06 0 beat al King Kin 0 03 0 I. I 01 Lion b Hill Hil 0 0 Ln Little Lite Bell Del I. I I S I. I 3 Lester I 01 01 01 01 01 11 10 May b D Diy 0 06 j 06 0 Mineral Flat 01 0 02 O 01 02 0 Mountain Lake 01 03 O 04 Moscow 0 Cd 0 2 Nevada O 6 8 New onta York 10 02 C 10 Ohio Copper 36 16 31 35 3 37 OZ 02 3 03 0 OZ 02 01 0 00 01 00 01 Ohn Deml Metals ret s O O O 01 Idaho 1 1 Prince 26 i 35 10 17 Rexall on o even en Troughs 05 01 OH 03 1 sil King CosI 30 31 20 31 sil Con Silver Sl Shield 03 r 02 S S. Iron Cn 0 0 3 y Swansea Swanea Con C. C 01 0 01 0 06 o 01 Tintic Central 0 1 04 01 United C 4 00 O 00 o 03 05 06 C 01 i C 03 Union Chief 0 01 02 Victor n. n i Victoria Co 36 n 51 36 3 letort 3 10 13 1 09 |
