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To avoid explosions, use the best car bon-free lubricants you can secure, and just as little of them as possible. A drain trap in the receiver and low points of the air passages should be placed and fre .quently used Most drains are simply a A novel and at the same time one of the quarter of an inch plug valve tapped in latest applications of the storage battery the bottom of the receiver, which is insuf electric haula'ge locomotive is gathering ficient. Tap the low point of the receiver work in coal mines. One of these machines with a one inch hole, put in a short nipple manufactured by the General Electric com of one Inch pipe, bush it up to three Inch pany was recently installed in the G1en or four inch pipe, then put on a piece of dower colliery of the Philadelphia & Read the large pipe about a foot long, with a ing Coal & Iron company. The locomotive reducer at the lowe: end, and t'nen put is designed especially for the service and your one-hal·f inch or one-quarter inch plug built for hauling six trailers. valve for draining. This form of trap al Electric locomotives of both the stor lows much of the viscous oily matter, with age battery and overhead trolley types, the dust and moisture, to flow into the designed for carrying the load as well as trap at all pressures, and it can be blowu hauling loaded trailers, have been em out frequently, whereas a one-quarter or one-half valve threaded into the receiver without tne trap simply allows a hole to be b:own in the viscous matter, and the moisture to be blown out, and when closed the hole stops up, and the matter is held there to bake and dry upon the shell. Further than this a manhole, that will admit of scraping an:i washing and brush ing it out, is a blg help. Soap suds and lye water and the like have been recom mended for cleaning a:r receivers, but never use gasoline, benzine, kerosene, naptha, or the like, as they form highly In namable gases of themselves. It 'has just been called to mind that, c,utside of the dangers from explosions, very poisonous gases from oils and lubrI cants can be forced through pipes to rock drills in remote parts of a mine, and, while the compressed gases will operate the drill, occasions haVe been cited where the op erator was overcome by the gas thus fore· ed from the exbaust into a poorly ventil ated stope or working. We frequently hear men complain that compressed air will not ventilate a mine, and that the exhaust smells bad.
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1 9 1 3.
STORAGE BATTERY HAULAGE LOCOMOTIVES
The engineer who opened his lubricator, when he came on shift, set it to run like the Iubricator on the steam cylinders, start ed it when the oil was cold. and has allow ed it to run all day, whether the compres sor was running full speed or throttled dOwn to slow speed, is the cause of most accidents from compressed air. *Tonopah, Nevada
----0----
The United States Smelting, Refining & Mining company has taken an option on the stock of the King William Mining company, whose property contains over sixteen acres adjacent to the Centennial Eureka mine of the United states company, at Eureka, Utah. The company has agreed to pay 25 cents per share. The King 'William is a prospect, well situated for deep development from Centennial ground.
n am .IRe'S"
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discharge rate of 60 amperes for five hours. They provide, at the full rated drawba.r pull and speed, for a mileage of nine miles with one charge of the batteries. Under an assumed car and tr-ack friction of 30 pounds per ton on level track, this rating is equivalent to 300 ton-miles on one charge. The machine is fitted with the usual ampere-hour meter Indicating the amoun t of charge and discharge, headlig'nt and gong. The locomotive is built to conform to the following specifications: total weight, 8,000 Ibs.; length overall, 8·ft. 9·in.; width
Storage Battery Ha~lage Locomotive in Olendower Colliery, Philadelphia & Reading Coal & Iron Co.
ployed very advantageously for industri.al service. Coml'aratively recently a number of mac'hines of the storage battery haulage type were also introduced and have oper ated very successfully in the work of ex cavating the Catskill aqueduct tunnel in New York. In general, locomotives of this latter type are designed specifically for short distance hauls at moderate speeds where it is not feasible to install the over head trolley system. Under these condi tions, the storage battery machine has prove:i to be both economical and well ad 'apted for the purpose The locomotive for service in the Glen dower colliery is equipped with two 85 volt motors and controller, The batteries employed are type A-8 Edison 70·celJ and have a 300 ampere-hour capacity with a
overall, i)·ft . 3-in.; height ovcr platform, 2-ft 4·iu; height over battery compartment. 3·ft. 9-in; wheel base, 44-in.; diameter wheels, 20-in.; track gange, 44-in.; rated drawbar pull, 1,OOO-lbs_; speed at rated drawbar pull, 3% miles ]ler hour. The batteries are designed for the par ticular service, are of rugged constructio:!', and the plates are made especially to giVE the high service efficiency. The cells arE grouped in eighteen trays and are mountec on top of the locomotive frame in a wooder case, The mechanical design of the mac'hin! is in accordance with the lastest moden practice. The frame consists of steel chan nel sides and steel plate ends carefull) fitted at the jOints and held together rigidl) by bolts and steel angles_ The end plate:
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t 14 ~ ~ AI.. T are faced with wooden bumpers, to which suitable couplers are attached. A seat for the operator is provided In the rear. The cast steel pedestal jaws. which carry the journal boxes, are securely bolted to the lower web of the channel side frames. The cast steel journal boxes are of a special design and are fitted with roller bearings, which assures efficient mechan ical transmission of power and consequent economy in battery current consumption. The weight of the car is sup.ported from the journal boxes by two coiled springs_ The wheels' are of chilled iron. are pressed on and securely keyed to the axles, Which are made from a special grade of steel and are case hardened at t~e journ 'als_ 'rhus the wear on either t~e roller Ibearings Or the axles is practically negli gible. Brake tension is effected by means of a square threaded brake spindle. A square threaded nut travels on the spindle and carries an eqaulizing bar, to the ends of which are connected chains leading from the brake levers. This device admits of locking the brakes automatically. without the use of pawls or ratchets. in any posi tion left by the operator. 'rhe controller is of the drum ty,pe and built for this particular class of work. The mechanism is enclosed in '
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double reduction gearing affords such speeds with minimum rheostatic losses; and due to the large gear ratio from arm ature shaft to wheel tread, very high trac tive efforts are obtained at comparatively small current inputs to the motors. ~··~-o----
NEW COMPANY FOR LYNN CAMP.
A new company has been incorporated to work the old Blue 'Wing mine, which is two miles westerly from the Big Six prop erties in the Lynn mining district of Ne vada_ The company is to be known as the Danley-Lloyd Mining company. and all the officers and directors are Salt Lakers. There are 1.000,000 shares of a par value of five cents, half of which will be retained in the treasury. The officers are George W. Dan ley, president and treasurer; John 'r. Lloyd, vice-president. and Elizabeth Beveridge; sec retary. Directors include the president and vice-president and D. O. 'Villey, George Mor row and Anna E. Philips. The company owns seven claims, known as the Bullion Nos. 1 to 7. which were orig inally located in 1874. The values are lead silver with a little gold. A crosscut tunnel on Bullion No. 1 is in about 150 feet and shows considerable low-grade ore. An in cline 100 feet deep shows ore at 70 feet. one and one-half feet wide running 54 per cent lead, 19.6 ounces silver and 0.02 ounces gold. About 2,000 feet distant on the Bul lion No.7. picked assays of material three feet below the surface went 73 per cent lead, 33.8 ounces silver and 0.18 ounces gold. The average here is about 28.2 per cent lead, 14.3 ounces silver and 0.10 ounces in gold. The vein is about two feet wide as well as can be determfned. Work will be immediately begun at this point and in the incline and the company ex pects to put four or five men on at once. There are one or two cars of ore on the dump, which careful sampling has shown to run 21.2 per cent lead, 10 ~ 3 ounces sl!Ver and 06 ounces gold. A good many thou sands of dollars worth of ore was shippea from the property years ago. The property is sixteen miles from the station of Dunphy on the Western Pacific and the grade is in favor of the load and the road is in good condition. This section has received considerable prominence of late because of rich gold dis coveries on the Big Six some two miles dis tant. which is owned by the Free & Wire Gold company. of Salt Lake, and of which 'rom Morrow is in charge. It is reported that some large Nevada interests have taken options on some of the neighboring prop erties. Springville, Utah, people recently made a strike on the property of the Golden Rule Mining & Milling company, another Utah controlled property. adjoining the Big Six. That Lynn may attain prominence as a lead-silver camp is among the possibilities.
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30,
1913. GOLDFIELD ACTIVITIES.
Properties
of the District Pusuing velopment Rapidly.
De
The Florence Goldfield Mining com pany, of Goldfield. Nevada, is having a thorough. examination and sampling of its mine made by Walter H. Wiley_ Upon his report will depend the future activities ot the property, and the decision as to 1:.C quiring milling facilities. The Main shaft of the Oro is being en larged. and new hoisting equipment will be installed to provide for sinking to the 1,000-foot level. The company will do some development work on the 200-foot level where it is expected that some show ing will be found. corresponding to fhe recent discoveries in the adjoining Laguna ground. A large tonnage of excellent mill ore has been blocked out in the ground of the Jumbo Extension Milling company, a large tonnage at present coming from above the 80Q-foot leveL The mill under lease to the company is treating 2,000 tons monthly, using concentration as the means of re covery. and results are said to be satis factory. The main shaft of the Merger is heing driven as rapidly as possible to reach the 1,750-foot level and is.now well below the 1,500. At the 1.750, a crosscut will be driven to the boundary of the Atlanta, the latter company will then use it for open ing up its territory. The Silver Pick Consolidated now con templates sinking the main shaft to a depth of 1,000 feet, and the exploration of its property on the lower levels. The com pany has the extension of veins which have been productive on other .properties, although it has produced no ore itself. The ~Boothproperty, on Columbia moun tain, has been equipped with a large elec tric hoist, new headframe and drills. Man ager K. M. Simpson believes that commer cial ore may be found at depth. As soon as the shaft of the Blue Bell reaches the 700-foot level, development wili be hegun, not only on Blue Bell ground, but on part of the ground of the C O. D. Con, which the company· has leased for 2 long period. The Nevada-Eagle company has shipped seven Or eight cars of ore to the sampling plant. It is situated about four miles from town. The grade of ore is excellent, silver predominating over gold. J. K. Turner 'has just completed a study Of the C O. D. workings, and from pres ent indications the property wilJ soon pro duce a large tonnage of millIng ore. The Goldfield Mines Operating company has the property under lease. The Vernal mine is shipping consider able ore from a depth of seventy-five feet. The ore averages $52 a ton and is being
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taken out in· development. So taroper· ations are confined to a shallow depth, where a large tonnage is blocked out, and the prospects are excellent for a good pro· duction. The annual report of the Goldfield Con· solidated 'has been released, and will be found in abstract in another column. ----0
GOLDFIELD CON ANNUAL REPORT.
The sixth annual report of the Gold· field Consolidated Mines company, of Goldfield, Nevada, is now being sent out. This covers a period of fourteen months to bring the fiscal year in unison with the calendar year. During the fourteen months the gross production was $8,220,238. with net profits of $4.886,399 and dividends total $5,694.636. Elsewhere we give de· tails of the total production of the com· pany up to January 1st. president Wingfield says: "During the period mentioned the prop erty has produced 415.786 tons of ore of an average value of $19.77, or $8,220,238.57. Deducting m€ t allurgical losses of $564,· 218.25 and the cost of a smal! amount of ore purchased from a neighboring property, viz, $3.974.69, leaves the values realized from the production of the 'period $7,652, 045.63, or $18.40 per ton. The gross expenses of the period, which include mining, milling, transportation, con struction, taxation and general expense, were $2,765,646.08, leaving net realizations from operation $4,886,399.55. The costs per ton during the 14 months period were less by $1.36 than dur ing the previous fiscal year. The note worthy items making up this figure are reo duced costs of Milling . ..................... .28 per ton Marketing Concentrates, etc.. .61 per ton Marketing Bullion . .......... .08 per ton General Expense . ........... .10 per ton Two dividends at 5,0 cents per share and two dividends at 30 cents per share each, or $1.60 per .snare, were disbursed within the period, aggregating $5,694,63680. While these disbursements exceeded the net realizations of the period, the excess realizations of previous years made them possible. Th€ company closes the period with cash balances of $728,823.03, with bullion and miscellaneous products. settlements outstanding of $214,773.78. The company 'has no debts. The additional milling faciliti€ s costing approximately $79,000, to whiCh I referred in the last previous annual repert, were provided and 'became operative in Febru ary, 1912, resulting in an increase of profIt from milling operations of 50 c€ n ts per ton of ore milled through the elimination of the marketing of concentrates. Depreciation of 'plant and equipment has been written off to the extent of $140,
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790.00. Arbitrary depreciation of mine property at $16.36 per ton has also been written off, as was done last year. Development work has been performed within the period to the extent of 48.146 feet. The report of. the general superintend· ent is in part as follows: Production and expenses for fourteen months ending December 31, 1912, follows with p€ r ton averages and per ton costs: 403,360 tons milled .............. $ 19.74 12,426 tons shipped ............. 20.71
415,786
tons total production .... $ 19.77 Loss in tailings........... 1.36 ValUe recovered .......... $ 18.41 Cost of ore purchased..... .01
Value realized . . . . . . . . .. $ 18.40 EXPE:-.rSES * Mining . . . . . . . . . . . . . . . . . . . . . .. $ 3.39 Transportation ................. .08 Milling . . . . . . . . . . . . . . . . . . . . . . . . . . . 1.61 Concentrate treatment ............. .38 Marketing concentrates, residues and by-products .............. .13 Marketing bullioOl ................ .07 Marketing ore shipped .......... .19 G€ n eral expenses: including Office, Legal, Corporation and Adminis tration expens€ s .............. .45 Bullion tax ..................... .13 Income tax .................... .08 Total operating expenses ..... $ 6.51 Miscellaneous earnings........ .Q7 Net operating expenses ........ $ Realization from operations .... $ Construction . ...........•....
6.44
11·96 .21
Net realization from operations $ 11.75 Net realization from operations is 59.44% of total production. * In statement of Production and Ex· penses the value of the copper in the ore shipped ($83,765.00) has not been taken as production. The amount realized from the copper has been considered as an offset to the expense of marketing the ore. This value amounts to 20 cents .per ton on all ore mined, and by adding this to produc tion it would make a corresponding addi tion of 20 cents per ton to our total costs. making them $6.92 per ton instead of $6.72. Production by months follows:
Month Average
Tons 'Per Ton
November, 1911 . . ......... 28,628 $2677
December . . ............... 29,127 26.41
January, 1912 . . ........... 28,870 25.40
February . . ............... 27,641 26.80
March ................... 30,132 24.38
April . .................... 28,360 21.53
18.22
May . ..................... 30,215
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21
June .................. .. July .A ugust .................. September ..... , ......... ,October ..... ............ November .............. , December , .. ~
...................... ~
.............
32,365 31,907 32,538 29,752 30,573
. 27,775
27,903
17.72
14.89
14.30
14.58
14.94
16.27
16.41
Total
................ 415,786 $19.77
Operating Costs. Mining-415,78G Tons. Item. Cost Per TOll. Labor ..................... $2.34 Supplies ................... .89 Power ...................... .16 Total .................... $3.39 Transportation-403,360 Tons. Item. Railroad operation ......... $ .06
Railroad maintenance ..... ..03 Total $ .09 Milling-403,360 Tons. Item. Labor ...................... $ .39
Supplies ..... .............. .94
Power.................. .33
Total Concentrate Treatment. Item. Labor ...................... $ .07 Supplies .................... .27 Power ..................... .05 Total ....................
$1.6G
$ .39
Total Operating ............... $;).53
Concentrate Treatment Costs. Tons Treated-24,376. Item. Labor ...................... $1.24
Supplies .................... 4.50
Power ........ .............. .76
Total ....................
$6.50
The mining cost was $3.39 per ton. which includes, as well as all stoping costs, the amount expended in doing 48,14G feet of development work. This cost shows an increase of $.04 per ton as compared with the previous year. The cost of mining and milling, including concentrate treatment, i~ $5.38 per ton or a decrease of $.;>4 per ton as compared with the previous year. The total operating costs including con· struction, are $6.72 per ton, a decrease o! $1.36 per ton as compared with cost of $8.0~ per ton for the previous year. The only construction of importance un· dertaken during the 14 months was thE erection of a plant at the mill for retreat. ing concentrate residues. The cost of thi" plant was approximately $79,000 and its op· eration is explained in the report of thE mill superintendent. Owing to the fact that the ore bodies in
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this mine occur in irregular masses, als!) that a large portion of the tonnage is being mined from the old caved lease workings, it has always been considered impossIble to accurately estimate the ore reserves. The present exposures, however, justify an estimate of ore of good grade in reserve amounting to 300 000 tons, with an addition· al large tonnage of low grade ore that can be mined and milled at a profit. "While a great deal of development work has been performed on the upper levels, there are quite a number of large blocks within the ore ZOlle that have not bElen ex· ploited, and the possibilities of finding new ore bodies in this territory are very good. Between the 1,000-foot level and the 1,400-foot level, development work has' teen carried on rather slowly on account of the high temperature, large flows of water, and the limited capacity of the hoisting equip ment. A new hoist, however, will be in operation by the 1st of March, after which time development work on these levels will be prosecuted more vigorously. To enable us to more thoroughly prospect this area and the territory below the 1,400-foot level, we have purchased a diamond drill with a capacity of 3000 feet and will begin drilling within a very short time. Later on, this ma chine will be used to cut up undeveloped blocks on the upper levels. The mill superintendent says: ."The construction of the plant for roast ing and re·cyaniding the tailing from the raw concentrate treatment plant, which was undertaken in September of 1911, was com pleted in February of 1912, and the plant has been in continuous service since that date. Its operation has eliminated the mark eting of concentrate and increased the net profit from the milling operations approxi mately 50 cents per ton of ore milled. It is expected that during the ensuing year the entire accumulation of concentrate on the' dump will be re-treated. "The entire milling plant is in splendid condition and there will be no expensive construction or repair work undertaken duro ing the year. It will be necessary to renew all the cloths in the vacuum filter plant; these have now been in continuous service for four years and cannot be repaired to advantage. This work will not interfere with the tonnage milled, and it is rea&on able to expect the plant to perform on much the same basis as for the past fiscal year, during which the stamps dropped 95.22 per cent of the total time, and averaged 9.44 , tons per stamp per day of 24--hours (elapsed time) , ---0---
The Wyoming Pure Oil company, a con· cern capitalized at $4,000,000. promoted by Denver and Colorado men, has been char tered under the laws of Wyoming, Offices will be maintained in Casper, Wyoming; Denver and Colorado Springs, Colorado,
LAKE
MINING
REVIEW,
MARCH
TONOPAH TURNS OUT BULLION. Many Mines Return Large Profits and De· velopments Remarkable.
(Special Correspondence.) Tonopah, Nev., March 24.-Underground conditions at the Belmont show little change but the mill is increasing its tonnage, which compensates in part for the reduced reo turns due to the fall in the price of silver. The tonnage and bulion shipments for Feb ruary were as follows: Number dry tons milled, 11,960; net value of ore, $223,015.23; number ounces gold bullion produced, 2, 789.938; number ounces silver bullion pro duced, 284,910.71; net profit for }<'ebruary. $130,147.11. The Tonopah Extension has cut new ore on the fifth level, and developments on t:he 400 are bringing satisfactory results. The MacNamara is reported as opening new ore bodies on the levels about the 300, of good width and milling grade. The Jim Butler has cut the vein in the south crosscut on the seventh level. The width has not been determined. The (om· pany produced 1,887 tons of ore in Febru· ary, which yielded a nl:t profit of $20,393. The Montana-Tonopah is gradually in· creasing the tonnage of its mill and now treats well over 1,200 tons weekly. Several stopes show improvements and underground conditions are satisfactory. At the meeting of the Tonopah Milling, held in Philadelphia on the 13th, the usual dividend of twenty·five per cent and an ex· tra of fifteen per cent was declared. There will be distributed $400.000, payable April 21. The total dividends paid by the com pany amount to $10,450,000, The net profits for February shows a decrease due to the short month and low price of silver. Im provement is noted in the Silver Top and Red Plume workings. The mill treated 3,400 tons of ore during the first week of tbe month. The February statement follows: Number dry tons milled, 13,921; average value per ton, $15.94; ounces gold and silo ver bullion shipped, 208.400; total value of bullion, $164,750; number tons concentrates shipped, 102; total value of concentrates, $35,325; net profit for February, $95,407. Development on the Midway shows !l con· tinuance of good milling ore on the 535 leveL Stoping has not commenced, but 100 tons of ore from development were shipped to the Belmont mill during the second 'week of the month. The main shaft has reached 535 feet, and a station will be cut at 600, since the capping has been passed and the ore formation reached. Work at the 'Vest End Con. is confined to developing the 600-foot level and open ing up the lower contact on the 800. The mill is treating about 150 tons a day. Excellent progress is reported in the de. velopment work of the Merger, North Star
30,1913.
and Tonopah Victor properties, and in r;,haft sinking on the Cash Boy lease of the 'reno pah Mining & Leasing company. Other mines now pUrsuing active deve.· opment are those of the Tonopah Gold Zene, Halifax, Monarch·Pittsburg Extension, Miz· pah Extension, Rescue·E'Ula, Buckeye·Bel. mont, New Golden Crown, Gypsy Queen and Great Western Con.
----0--- ELY CON HAS NEW MINE.
S. M. Levy, president of the Ely Con· solidated minin-g company, which has been operated at Ruth, Nevada, has sent out the following letter to stockholders, which explains itself Recently there was brought to us for consideration th€- Copper Queen group of eighteen lode claims situated in the Mer- rimae mining district, Elk county, Nevada, about twenty·two miles northwesterly from Elko, Nevada, situated on both the West· ern Pacific and Southern Pacific railroads. After an investigation of the merits of this property, the proposition was submit ted to some of the largest stockiholders, all of whom recommended that an option to purchase. with a right to work and de velop the property, be entered into. We have accordingly taken an option to pur· chase these eighteen claims for a total 'pur chase of $50.000 in installments as follows: Twenty·five hundred
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ments made and confirmed by our sam pling of the ore exposed, the shipping ore contains about 8.4 per cent copper, 8 ounces silver, 26 per cent iron and 35 per cent silica. This is a very desirable smelting ore and will pay a good profit. In taking over this property on the very favorable conditions given, we are in position to thoroughly explore the ore bodies before making the additional pay ments other than tllose for which we have ore in sight. Therefore, before these pay ments are made, it is our purpose to have ore in sight more than necessary to cover the amount of same. Work is already under way at this property, shipments of ore will be com menced at once, and energetic development will be pushed. On account of our inability to get sat isfactory .ailroad rates on ore from Ely to the Salt Lake valley smelteries, it was considered inadvisable to continue the de velopment of the ore bodies on our prop erty in that district, as under existing conditions the ores we have exposed are of too low grade to be marketed at a sat isfactory profit. Arrangements have been made with a neighboring company to keep our mine unwatered for the use of the water. We are, therefore, in a position to resume operations without any delay or expense as soon as transportation rates and metal market conditions are satisfac tory. Your board of directors and also the stcokholders who are familiar with the circumstances and the merits of the Cop per Queen group, believe we have ac quired a very valuable asset in this prop erty. Negotiations are pending for the acquisition of an option to purchase ad jOining territory, which it is our purpose to ultimately acquire if the development of this group justifies our expectations. Assessment No_ 6, which was levied November 13, has been coming in a very satisfactory manner, and the company is in good financial condition. The expen ditures in the future will not be as great as in the past, and we will be able to do much more work for less money, as this flew property is drY,and therefore the high expenditure for pumping water will bc eliminated
----0--- HOME RUN DEVELOPING MORE ORE.
Ihe
The Home Run Copper company, operat ing in the Day-Bristol district of Nevada, is developing good bodies of copper ore_ The incline struck ore at forty feet and contin ued in ore for about 200 feet. At the 225 foot point a station was cut and drifts sent out. These drifts have followed ore for a little distance. In order to mine on a larger scale and secure equipment for deeper work to properly open up the deposit the com pany will have to do some financing.
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LION HILL CONSOLIDATED MINES.
Development at This Utah Mine Progress ing and Ore Being Shipped.
George St. Clair, manager of the Lion Hill Consolidated Mines, operating at Ophir, Utah, has submittfld a report of operations up to February 10, since his last report was submitted. One hundred and seventy-two feet of 'development work was done. The report says in part: "Outside of four days interruption, on account of accident to air power, at the Chloride Point part of the property and a few days laying off of the force at the -Rosa on account of bad weather conditions. good progress was made in the development at the various points under operation_ ,"The main Monogram drift was advanced durin-g the month a di'stance of 68 feel.. The material that the drift passed through, and its present face is a soft decomposed lime, all of which was more or less in a broken condition, due to the drift encount ering numerous north and south fis'sures. Some of the fissures contain a filling of ore bearing matter while others are quite open, allowing the admission of air, and this assists in the ventilation of the tun nel. "Since discovering good values in the Gladstone fissure (named in last report, "Big Quartz fis.sure") I have confined all the Chloride Point operating force to de veloping this section and discontinued ad vancing the main Monogram drift for the present. "The south drift on the Gladstone fis sure, was advanced a distance of 25 feet, with cross-cuts therefrom, both to the hanging and footwall sides_ This was driven for the purpose of following a rich stringer of copper-stained ore whiCk showed in that part of the fissure to the south These rich mringers above noted dipped almost vertically and in conformity with the fissure, so we declded to sink on other streaks to some depth in the north drift, discontinuing the work at the south drift. The cross-cuts from the end of this drift expose a mass of mineralized vein filling, eighteen feet in width, across the fissure. "As -stated in the last report, the main Monogram drift had encountered the Glad stone fissure, and in advancing the maih drift through the ore bearing material of this fissure, a number of rich stringers of copper-staincd ore were exposed. While some work was done in following these stringers to the south on the fissure from the main drift, no attempt was made -to folloW the rich stringers the fissure ex posed from the main drift running to the south. During the latter part of the month, I decided to drive a north drift, foIlowing these exposed rich stringers in the fissure.
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30,
1913,
23
In driving this drift, theSe stringers im proved in ,size for a distance of ten feet, then the ore disappeared entirely, but the particular material the stringers of rich ore are associated with, continued to im prove in siz~ and run ahead. After driving a few feet ahead on the ore bearing rna trial, a 2x4 ore chute opened up, from which nine samples were taken, yielding, without sorting, an average of 35 ounces silver, and containing $1.00 to $2.50 gold. Sev eral samples taken from specimens of horn silver ore, in this chute, ass',iyed 590, 2,170 and 3,451 ounces silver. "The material surrounding the ore is composed of highly mineralized silicified lime and iron-stained talc, all of w:lich is very much mixed wtih barytes ('r heavy spar. Have advanced this north drift a distance of 44 feet. While the ore is n"i as large in the face of the drift, copper stained ore continues to run ahead "Where the ore first opened up in thi3 drift, it was of horn silver character. and it continues to gO down in conformity with the dip of the fissure. The same ore streak being exposed in the bottom of the drift from the point that it opened up to the present face. Twenty-five sacks were taken out at one point which assayed 108 ounces silver Am following down with a winze at this place. "Gladstone raise. Where the main drift passes through the fis'sure opposite the south drift, I have located the partic ular strata of porphyry that overlays the ore zone lime. Am driving this raise in conformity with the dip of the IJOrphyry, with a view of locating the continuation of the stringers that extend UJl, to see if the ore bearing material that the fissure contains will break off in to a bedding again. The same work applies to sinking the winze, or shaft, on the continuation of the stringers to a place where the ore bearing material should break in like manner. "The Rosa west drift winze was sunk a distance of 22 feet during the month, making a total distance below the drift level of 47 feet. The material that the winze passed through was composed of silicified lime, spar and talc, with occa sionalbunches of good ore throughout. However. as the winze is being sunk by hand, the progress is slow, and having gone as deep as practicable have started crOS8 cutting -from the bottom to cut other paral lel fissures with the one that the winze was sunk on -Have taken some good ship ping ore that contains silver. lea:!, copper and gold values from this spot. ~o de velopment was done at any of the other places in the Rosa vein where the down ward continuation of the ore was s'nown. "During the month, fifty tOilS of ore were shipped to the American Smelting & Refining plant."
MJN l N G REPORT OF THE DALY JUDGE. Company Has Paid Substantial Dividends . and Acquired New Ground.
H. G. McMillan, general manager of the Daly West Mining company. ~perating at Park City. Utah, has submitted the annual report of the company for the year 1912. He says: "The reports of the mine superintendent and the mill superintendent, herewith at tached, making the full report of the opera tion of the company's property during the year 1912, shows that 7,131 feet of explora tory work, consisting of drifts, winzes and raises, was accomplished during the .year: This development has brought about fruitful results in opening up ore bodies in new ter ritory, notably on the 1,700-foot level west, where an ore body is developed over 100 feet along the drift and extending upward in a raise for 125 feet, the full width of the opening, and continuing downward to un· known depth. This is apparently all mill· ing ore of average values. This body of ore assures a large tonnage for future milling operations. "The 1,900, 2,000 and 2,100-foot levels, considering the small amount of develop· ment work done in the vein or contact, have responded with a tonnage which warrants expectation of important ore bodies in that part of the mine. The other levels of the mine below the 1,200 have considerable ore bodies and furnish the larger tonnage for the mill at present. "Development on the 900·foot level has been long contemplated but inexpedient to prosecute until this year. All indications confirm the wisdom of incurring this ex· pense, and the prediction that ore found 011 this contact will be of good grade and quan tity likely. The company has other large areas within its territory, lying above the lower levelS, which, in the opinion of the management, will repay expense of exploi· tation, which will be opened up from time to time as convenience to do so arises. "It will be noticed by reason of failure of our water supply, being frozen part of January to M;ay inclusive, our mill was oper· ated only 201% eight·hour shifts during the year, thereby losing over one·third of our mill product, which,' fortunately, was fully made up by the discovery of crude ore of profitable shipping value. "The report of the treasurer shows the payment of dividends numbers 57 to GO in· clusive,. aggregating the sum of $216,000 -during t he year, also a balance of cash at the close of the year of $109,868.78. The expenditure of $117,734.28 appearing in the report was for additional possessions ac· quired for the company, which, in the opin· ion of the board of directors and manage· ment, will be profitable to the company and stockholders, which expenditure made it nec essary to curtail the two last dividends to
IrrIm nnsnn,rmn"r
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fifteen cents each in order to maintain our usual safe reserVe in the treasury. "Summing up mine conditions as appear from the reports submitted and manifest physical appearances, the only reasonable conclusion that can be formed is that prom· ise of a large future production exists In the property of the company, and with im· proved methods in mining and reduction of ores which are being employed, when proven successful, should inspire stockholders with confidence as to the probable value of the property. Under ore statement appear the following details: Crude ore sold, 17,497 dry tons, contain· ing 552,692 pounds of copper, 6,151,286 pounds of lead, 569.33 ounces gold and 756,· 602 ounces silver, sold for $303,230.35. Concentrates sold 7,245 dry tons, cop.· taining 159,002 pounds of copper, 4,468,418 pounds of lead, 259.11 ounces gold and 249,· 614 ounces silver, sold for $252,557.67. Zinc concentrates sold, 1;465 dry tons, containing 1,004,554 pounds of zinc, 182,209 pounds of lead and 30,211 ounces silver, sell ing for $32,172.88. Total value of the year's production, $587,960.90. The crude ore for 1912 averaged 43.24 ounces silver; 0.0325 ounces ounces gold, 17.58 per cent lead and 1. 38 per cent cop per. The concentrates averaged 34.84 per cent lead, 1.1 per cent copper, 34.45 ounces silver, and 0.0358 ounces gold. The zinc concentrates averaged 20.62 ounces silver, 6.22 per cent lead and 34.29 per cent zinc. The statement of receipts shows cash on hand January' I, 1912, as $310,389.24: ore sales, $587,960.90; miscellaneous recelpts, $1,021.01; increase in stock, $14,924.61; to· tal, $914,295.76. Disbursements include for mine operat· ing, $338,166.44; operating mill, $59,361.16; assay office, $3,898.09; general expense, $30,571. 38; ore purchasing account, $18, 999.03; impound account, $3,102.97; divi· dends 57, 58, 59 and 60, $216,000.00; prop· erty purchase, $117,734.28; bills receivable, $16,593.63; cash on hand January I, 1913, $109,868.78. Miscellaneous holdings of the company include 60,000 shares of Little Bell Consoli· dated Mining company stock; one·third in· terest ISilver Lake Water company; tunnel contract with Ontario Silver Mlining com· pany and Daly Mining company; 50,000 shares of Thompson·Quincy 'Consolidated Mining company stock; bills receivable, $28,698.90. E. L. Talbot, superintendent of the mine, reports that there were mined 11,590 tons of first class ore and 44,200 tons of second class, a total of 55,850 tons. F. \V. Sherman, mill superintendent, states that the above amount of second class was milled, out of which was sorted 1,369 tons. The ore contained 5.5 per cent lead, 8 ounces silver 5.2 per cent zinc; 3.9
Rr't
7"0
- r nrES ,,7
!PO'
t' IZt
3 0,
1 9 1 3.
per cent iron and 70.4 per cent silica. The lead concentrates contained 34.45 ounces silver per ton, .0358 ounces gold, 30.84 per cent lead and 1.1 per cent copper, while the zinc concentrates contained 20.62 per cent silver, 6.22 per cent lead, 34.29 per cent zinc. The actual saving was 98.7 per cent of the lead and 81.1 per cent of the silver. The jig and trommel capacity of the mill is being increased to obtain a larger capacity and higher grade zinc concentrate. When these changes are made it is expected that the mill will treat 250 tons per eight-hour shift.
----0--- THE TOHOQUA MINE.
The Toho::}ua Mining company, of Reno, Nevada, operating in Leadville district, Washoe county, same state, is push:ng work in mine development, and expects to make quite a heavy production this year. Present work consists in drifting on the vein, but later on the working shaft will be deepened. The company has a 50·ton concentrating plant on the ground, which will be in commission this coming summer. The Leadville Mining company, whose postoffice is Gerlach, Nevada"has a lease on a 300x60D foot block of Tohoqua ground. To open up the orebodies in this lease the company has driven a 1,500·foot tunnel, from the breast of which a winze is being sunk on th~ ore. According to the terms of the lease, Which has a life of four years, sinking must be continued at the rate of ten feet per month. In addition. the Lead· y:Jle company is t~ build and have a 50· ton concentrating plant in commiss:on by the first of Jun~. Warren Rose and F. W. Soracco are in charge of the lease. With both mills in operation this sum· mer, the camp will present ,a llvely ap" pearance. The ore is a silver·lead product. The first·c!asscrude goes about $145 to the ton and is shipped to the Salt Lake smelteries. The concentrates, whiCh are cons:gned to the same smelting center, go $150 to the ton. On company ground, as well as in the lease holdings, there is a good showing of both shipping and milling ore. John Harnan is president of the Tohoqua company, and John 1:". Heeney is !'ecretary and treasurer. Mr. Harnan, who is a prominent figure iu western mining circles, is a heavy owner ill the stock of the Portland Gold Mi~ing company, of Cripple Creek, Colorado, which paid $240,000 in dividends last year. ----o~---
Fifty thousand dollars in dividends were paid out this week to stockholders of the Standard ISilver·Lead Mining company of ~)l'itish Columbia. The stockhold8rs are chiefly residents of Spokane, Washington. This disbursement brings ilie payments of the Standard up to $575,000, all made within a year.
r
rl
THE. SAL T RENO SMELTING AND REFINING CO.
I I
i
(By Will C. Higgins.) This company was incorporated in No vember. 1912. for the purpose of construct ing a complete ~melting and refining' plant and sampling works. It owns ten acres of ground a mile east of Reno. Nevada. which COvers the site of the old Eclectic reduction works, in which ores were treated 1)y direct concentration. cyanidation. chlorinatif'll and concentration. This plant. however, has not been in commission for the past ten or fifteen years, and is partially dismantl ed. The holdings of the company al~o em brace a water-power plant, capable of pro ducing 1,000 horsepower, with a canal, dam and flume, the water supply being derived from the Truckee river, flowing a few yards away. Transportation facilities are provided by a spur track from the main line ,of the Southern Pacific railroarl. The company l1as prepared plans and specifications fOr the construction of a 500 ton smeltery and bag house. refinery, and sampling plant. This plant, practically, will all be under one roof. The process employed will embrace the Loder patents, as well as ordinary smelt ing. Oil will be the principal fuel to be used, together with a small quantity of coke; the oil being gasified by the heat contained in the waste slag, thus securing .P,'l eat econ omy in the coat of fuel. The fume and smoke will be ~rrested in the hag flouse. The prodUct of the smeltery will be refined on the ground, the gold and silver to be sent direct to the mint. Mr. John S. Loder, of Reno, metallurgist and smelting engineer of many years ex perience, is president and manager of the company, and will have charge of the new plant, both in its construction and opera tion. With l1im in this enterprise there is interested heavy eastern capital. The company will depend entirely up pon custom ores in the operation of its plant, which will make commercially avail able a class of. material which for years has been unprofitable to mine owners and those engaged in prospect development; and this new reduction plant will afford a ready market for a wide extent of mining territory. At the smeltery site Mr. Loder has built a furnace of 25-ton per day capacity. With this, quite recently, he made an experi mental run on slag from the old dump, reo suIting in the turning out of dore bars go ing as high as $4,000 to the ton, the prin cipal values being in gold, with silver run ning up to 2,000 ounces. The writer visited this little plant while it was in operation,and witnessed the charging pf the furnace, the vaporizing of the oil for fuel purposes, and the small percentage of coke used. b'rom every ap pearance and indication, the run was a suc cess·
LA K E
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I N D E X .....r o A D V E R T I S E R S !lUning Machin"ry and SuppU.... .
Allls-Chalmers Co. . ................... . Capital Electric Co. ............ . ..... .
Denver Fire Clay Co.................... .
Diamond Drilling Co. . . . . . . . . . . . . . . . . .
Fulton Engine Works . . . . . . . . . . . . . . . .
Hendrie, The W. C., Rubber Co...... . ..
Jeffrey Manufacturing Co. . . . . . . . . . . . . . .
Jones & Jacobs, Mill Builders... .. . . . .. . Krogh Pump Mfg. Co. ................. Lane Mill & Machinery Co. .............. Landes & Co., Trucks .............. . . Lultwleler Pumping Engine Co. .......... Minneapolis Steel & Machinery Co....... Mine & Smelter Supply Co. .......... Moyle Engg. & Equipment Co., The E. Numa Rock Drill Sharpener Co. . . . . . . . Okell Dr!ll & Supply Co. ................ Pacific Foundry Co. . . . . . . . . . . . . . . 39 and Parker Lumber Co. . . , . . . . .. . . . . . . . . .. . .. Porter, Charles F., Building Material .... Revere Rubber Co. ..................... Salt Lake Hardware Co. ................ Silver Bros. Iron ,Yorks .............. Smith & Adams, Tents ....... " . "'" . ... Trent Engineering Co. .................. Utah Fire Clay Co. ..................... Utah Fuel Co. ..................... .... Utab Junk Co. ......................... 'Western Heating & Sheet Metal Co.. Wishart, James M., placer Machine...... Z. C. M. I. .............................. Banking Houses. MaSOn Yalley bank .................... l\fcCornick & Co. ....................... Merchants' Bank ............ .......... Salt Lake Security Co. ............. Utah Savings & Trust Co. ..... Utah State National Bank .............. Walker Bros. . . . . . . . . . . . . . . . . . . . . . . . . . .
!lUne and Sto"k Dealeu. P"",'P
Orem & Co. ............................
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As.myerll ond Chemil,t ...
A. F. Bardwell ......................... Bird-Cowan............... .............. Crismon & Nichols ................. .... Currie, J. W. ........................... Officer & Co., R. R. .................... Union Assay Otfice ...................... Rollroad". Bingham & Garfield Ry. . ..... ,........ Oregon Short Line ...................... Salt Lake Route ........................ Southern Pacifie ........................
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Mining Attorneys.
Booth, Lee, Badger & Rich .............. Bradley, Pischel & Harkness ............ Callahan, D. A., Mining Law Books...... Davis & Davis ......................... Dunn, Edward D. ...................... Higgins, E. V .................... ,...... Hutchinson, W. R. ...................... PIerce, Critchlow & barrette .....:. .. ... Powers, Marioneaux, Stott & McKmney.. Sanford. Allen T. ......................
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Dire"tory of Engineers.
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Reno should be a smelting center, as it is the natural entrepot of a great stretch of country which abounds in many districts which are productive of large tonna'ges of almost every class and character of ore, which, there is every reason to believe. could be treated profitably by a local plant.
----0--- NEW SMELTERY IN COLORADO. It is stated that the Brown Mountain smeltery proposition at Ouray. Colorado, has been financed, and a force of men has been put at work to put the old plant in shape for operation W. E. Kramer will be business manager, and S. G. Love, super· intendent. It is expected that the furnace will be blown in the early part of April. About half of the ore will come from the Wanakah mine. The process wIll bb pyritic and the necessary copper ores will be secured from the Indiana, and possibly from Rico.
Adamson, W. G. ................. .,.... Arnold. Fisher & Cal vert. . . .. . . .. . . .. . .. Balliet, Letson ... ........... ......... Brooks, Chas. P. ........................ Brown, G. Chester . . . . .. . . .. ...... Burch, Caetani & .......... ... Burke. James J. ........................ Connor, P. E. ........................... Craig, W. J. . . .................... ,.... Dunyon, N. A. .......................... Fisk, Winthrop W. • . . • . . . . . . . . • . . . . . . . . . General Engineering Co. ................ Hale, Fred A., Jr. ....... . . . . . . . .. . . .. Howard, L. O. . . . . . '....... .... . . . . . .. Ireland, T. 'V. . . . . . . . . . . . . . . . •......... Jennings, E. P . . . . . . . . . . . . . . . . . . . . . . . . Johnson, Jay Eliot ................ , . . . .. Knowlton, A. D. ........................ Lee, Murray . . . . . . . . . . . . . . ,............ Leggat. J. Benton .. " . . . . ... ........... Linscott Drilling Co. .............. ..... Loder, John S. . . . . . . . . . . . . . . . . . . . . . . . . . . Magulre. DOn .. , .. ', ....... , . . ,..... . M:cCaske~I, J. R. . ............ ... ..... Overstrom, G. A. ........... ........... Pack, Mosher F. ........... ..... ...... Peet, C. A. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Pulsifer, H. B . . . . . . . . . . . . . . . . . . . . . . . . . . Safford. J. L. ....... .................. Sherrill. S. C. ,..... .,.. ....... ....... Silver Bros., li:ngineers ~ Contractors.... Troxell, L. E. . .. ".,.. ..... .......... Union Construction Co. ... .............. Utah State Schoo! of Mines.,........... Yaltinke, Paul ..... " .. , ... ,... Villadsen Bros. ......... ............... 'Yaite. James 'V. . . . . ,................... Walker, H. G . . . . . . . . . . . . . . . . . . . ,. ..... Widdicombe & Palmer .. " " ' " ....... Wilson & Ott ............... .. Zalinski, Edward R. '......... .........
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Mfseellaueou5i.
Century Printing Co. ......... . .
De Bouzek }I~ngnt\'iDg Co. . . . . . . . . . . . . . .
Dinwoodey l"'urnlture Cu, . . . . . . . . , .. .
Gardner & Adams ..................... .
Harris, H. H .• Accountant ........... ".
Hotel Stanford . . . . . . .
Co..
International Smelting & Montgomery Shoe Co. . ....... , '
Nephi Plaster Co. . .......... .
New Era Motor Co. ...... . ....... .
Official Directory of Mines .. . .. , .... .
Rail road Time Tnbles ....... .
Roberts, J. C., Dealer in Rnre :\Ietal, .... .
Rowe, Lilly, Tailor """ ............ .
Salt Lnke Photo Supply Co. . . . . . . . . . . . .
Salt Lake Stamp Co.
Shiplers, Commercial
Utah Ore Sampling Co.
'Yestern Vanadium Co . . . . . .
Whitaker. Geo. A., Cigars
The raw ore will be smelted in a 100· ton furnace to a fifteen or twenty per cent matte, which will be resmelted to a fifty per cent matte in a thirty·five ton furnace. The smeltery will have storage facilitiel' for 3,500 tons. It is estimated that, as 3
result ,of this enterprise, about eighty morE
men will be employed at the plant and at the mines affected. Inasmuch as the ore has not all beel; contracted for, it would seem that thiE company faces the dangers which haVE overwhelmed so many companies. the lacll of an assured supply of ore. ::\1any plantE have started out with good prospects ane with claims of ample ore suppHes, onl} to fall down later. It is to he hoped that longtime contracts for the needed suppl) of ore will be made before an attempt h made to start the enterprise on a larg, scale. There is no other conceivable rea son why a plant in this section should nOl have a successful career.
THE
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MIN I N G
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at McGill, Nevada, of a number of Dorr thickeners. As an aid to slime concentra· tion the innovation will be watch0d with much interest.
Published Semi-Monthly by Will C. Higgins and A. B. Greeson. Office, Room 1601 Walker Bank Building,
Top Floor. Phone, Wasatch, 2902.
'VILL C. HIGGINS ....... , ........... Editor
L. O. HOWARD ............. Assoclate Editor
A. B. GREESON .......... Bu..ine.... Manager
SubscrIption Rates.
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Entered November 29, 1902, at Salt '.Lake City, Utah, as second-class matter. under Act of Congress of Mareh 3, 1899. Advertising Rate.. ,
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H. B. Pulsifer. W. H. Calvert. L('l'oy A. Palmer. Maynard Bixby. Alex McLaren. B. F. Tibby. Don Maguire Letson Raliiet Jay Eliot Johnson. Advertls!ng Agencies.
DENVER, Colorado.-The National Adver tising Co.; Central Savings Bank Building. NEW YORK.-Frank Presby Co.. General Advertising Agents, 3-7 West 29th street. SOUTHERN CALIFORNIA. Hamman's Advertising Agency, South Pasadena, Cal.
Research in mining problems is to be advanced in this E.tate by the bill passed at the last session of the l!'lgislature, which appropriates a sum of money for the use of the UniVersity of Utah in such wor}::. It is to be regretted thitt the appropriation was cut in half, and that only $7,500 j3 to be available. Mill Superintendent Sherman, of the DalY West Mining company, oper,;.ting in the Park City district of this state, reports that the actual saving in lead values for the past fiscal year was 98.7 per cent. To the best of our knowledge, this is a most unheard of recovery in the milling of lead ores, and has never been equaled or approached.
We shall only consume enough space to say that both our contemporaries, the Engi neering & Mining Journal, of New York, and the Mining & Scientific Press, of San Francisco, ought to have better use for their editorial columns than to make of them ve hicles for the conveyance of petty personal spite. Our Chicago contemporary also wastes much space in attempting to criticise both. Let all three dismiss the matter and cease to take up the time of their readers in discussion of a matter which interests no one. The United States Supreme court has finally set its approval upon the lode claim as the proper method of location for phos phate deposits, in the case of the San Fran· cisco Chemical company versus Duffield and Jeffs. Where so much lJ"oomfor difference of opinion among engineers exists, we think the rule formerly applied, of giving phos· phate ground to the first locator, the most justifiable procedure. As it happens in this case the same locators owuld have won under a decision based on either of these principles. Legitimate mining received a vin,Hcation when Julian Hawthorne, erstwhile litera· teur turned miner, and Dr. William J. Mor ton, who made a valiant attempt to get on the opposite side from other members of his profession, in the get·rich·quiclc game, were found guilty of using the mails to de fraud and were sentenced to prisOI'.. The holes in the ground in this case were in Canada and the talents of these two men were used in the promotion of a gigantic swindle. We have more sympathy for the business man Freeman, who 'received a much heavier ;:lentence, for the filthy work was performed iargely by the two first named, whose education and talent should have rendered them above such coarse work. ------0--
Ups and downs at Rochester, Nevada, were illustrated recently, when the discov ery of a sixteen-inch vein of high grade at depth was announced as making the camp; the vein pinched in three feet of depth and the lessee threw up his lease in disgnst. The owners took it up and struck another vein on the next shot and Rochester is again ¥'made. You can't keep such a camp (lown. The introduction of well known thicken· ing devices, which have become standard in 'the cyanidation of gold and silver ores, into the milling of copper ores, is an advance that will probably meet with gratifying sue· cess. We refer to the installation by the Nevada Consolidated, in its Steptoe plant,
A REPORT OF PROGRESS.
With this issue we conclude the fO)lr· teenth year of our life. During the past year, and especially ;It the close, the support of our readers and patrons has been grati· fying. In this connection we would call at· tention to the advance made in the past year, due to this support. As a result we have been able to increase the value of our news and technical columns. During the past six months we have published many technical articles, which have _ met with hearty commendation from many sources. "Vith the wealth of material at our doors, this end of our publication will be steadily strengthened.
7
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30,
1913.
We thank our many contributors for their aid in technical discussion of present practice in mining, milling and metallurgy, and urge our readers to contribute freely to our columns, We would suggest also to the active mining companies that they keep us supplied with technical and financial data as to their operations. Full complete reports will be especialy welcome, and will receive our careful attention. From cpver to cover the appearance of our paper has been improved, much of the matter has been electrotyped, and standards have been adopted for our directories, which are now among the most complete published anywhere. We have always believed in the wisdom of issuing twice a month. The overhead organization must be large to issue weekly and it is not the province of a purely min ing and engineering paper to seek to com· pete with the daily press. On the other hand, monthly issues would not enable us to keep our readers posted on the latest oc currences in the mining field. "Ve have in the past made a specialty of news. While in nowise diminishing this feature of the paper, whicn has been widely commended by our readers, we shall henceforth devote more space to technical subjects. We believe we occupy a unique pOSition in mining jour nalism. Unlike two of our contemporaries, Mines & Minerals, which has abandoned the metal· liferous field, and M,ining Science, of Den ver, which has decided to change its scope to take a position like unto the Literary Di gest and will issue monthly, we believe the field for such a paper as we are publishing to be ever increasing and the last year es pecially has proved it to our satisfaction. In this issue we have made a little ad vance in the size of the publication and ex· pect to enlarge further in the near future. We shall make no change in the dress or style of our paper, believing, as before. that we have the proper style, which we have maintained since the beginning, and were the first of the mining papers to es tablish. It is gratifying to us that the size of our page has now become the standard. We see no reason for changing the three column style or the size of our typ€'o It could be no more legible. We take this occasion to thank tllose of our subscribers and patrons who have loyally helped us to weather past storms and who now are with us in our era of ex· pansion. We are located in the center of western mining. midway between the eastern gateway. Denver, and the welltern gateway, San Francisco. This is the lo cation of large machinery houses, and is today one of the largest mining machinery markets in the world, and the center of the smelting industry, and the most fa· mous mining districts of the United States are within easy reach. "Ve are the natural distributing point for mining supplies. We
ft
'ferner?' - •
THE
SAL T
LA K E
have always maintained that Salt Lake, because of its large mining interests, should be the home of mining journalism, and. we respectfully request the continued support of intermountain mining interests. We are doing our best to increase the promi nence of this section and in this work, of the greatest value to all our mining inter ests, we seek your aid. "This is the plaee." ----1)---
NOTES ON YELLOW PINE DISTRICT.
!b
(Special Correspondence.) G03dsprings, Nev., March 22.-A large body of lead-zinc carbonate ore has been encountered on the second level of the Yellow Pine mine, north of the 'shaft, the new body being an extension of the main vein which has been displaced by faulting into the footwalL The new ore averages twenty feet in width and has been opened along the strike for a distance of 75 feet. A raise is being driven along the foot-wall of the ore, and a cross-cut through limestone on the third level to. tap the ore at that depth. The ore is particu larly high grade, averaging about 32 per cent zinc, 20 per cent lead and 15 oz. silver per ton, and will add greatly to the pres ent large ore reserves of the mine. The mill has been operated steadily at .full ca pacity during the past month, and ship ments of crude ore have been increased. The usual monthly 'dividend of two cents 'per share has been declared, payable March 25th. ,FrankA. Keith and associates, of Los Angeles, have bonded ,several groups of claims In the district, including the Anchor, Paymaster, Addison, Milford and Mobile groups. A force of men is at work on each property, engaged in development work. If the properties prove satisfactory, it is stated that a railroad will be built through State-Line pass into the :Mesquite valley, to tap most of these properties. This would be of great benefit to the district as a whole, as there are a number of excellent properties in that vicinity, now unable to ship throug'h lack of adequate transporta tion facilities. Kunz and Buys, lessees on the Hondur as claim, which adjoins the old Keystone property, have opened a vein of ric.h sil ver-lead ore. The vein is three feet in width, occurring in limestone near the con tact of the Keystone porphyry. Assays have been obtained which ran as high as 60 per cent lead and 2,'1)00 ounces silver per ton. At present, a carload of ore is being sacked, which averages 45 per cent lead and 500 ounces silver. A tunnel is being driven to tap the vein at depth. The new hoisting equipment at the Bul. lion is installed and underground work has been resumed. The new aerial tramway is under construction and will be completed April first. A considerable tonnage of lead
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MIN I N G
REV lEW,
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ore has been mined and shipments will be gin immediately upon completion of the tramway. The ·property is owned by Messrs Yount & Fayle and O. J. Fisk is superin· tendent. W. R. EJnglish has bonded the Hoosier and Singer properties on the western side of the range, and will proceed with the erection of a 50-ton concentrating mill at onCe. Part of the machinery is already on the ground and it is expected that the plant will be in operation within sixty day·s. A considerable tonnage of lead ore of a good concentrating grade has already been mined. Joseph Dederich, owner of the Columbia mine, is in camp, and will put a forCe of men to work on his property at once. Carpenters ar.e now at work preparin·g quarters for the men. During the past win ter, lessees have shipped twenty cars of copper ore from this property. the ore being hauled by wagon, twelve. miles to Jean. ---0'---
ASSESSMENTS ON UTAH
MINES.
The following assessments have been levied on Utah mines. 'Vandering Jew Min ing company, No. 12, one cent a share. de linquent March 31, sales day, April 21, Charles Black, secretary, location of prop erty on north side of Black mountain, fif teen miles from Salt Lake. Lehi Tintic, No.9, one quarter cent a share, delinquent April 15, sales day May 7. Little Cottonwood Mining, one-half cent a share, delinquent April 17, sales day May 8.
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RAILROAD ASSURED FOR CONTACT.
We are in possession of definite informa tion that the Oregon Short Line will ouild in the Contact section of Nevada. The line will connect with the Tonopah and Northern on the south and give an outlet to the smelt ery at McGill. W. A. 'Clark, T. M. Hodgins and S. V. Kemper, Butte, Montana, mining men, are patenting several claims in this section. The Brooklyn is one of their holdings and was the first to reach water level and encounter the sulphides carrying siiVer and gold. The Empire, which has a 360-foot shaft, has also been patented.
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The Nevada Consolidated is making im provements in its treatment plants at McGill. The riffles on the Wilfleys are being deep. ened to increase the capacitY,.and the Isbell universal concentrator is oeing tried on coarse tailings. Water capacity and slime settlement capacity is being increased b1' putting in twenty-four of the well known Dorr thickeners. Forced air draft on the roasters has resulted in a large increase in their capacity. The reverberatories are be ing altered to take slag skulls directly from the ladles without breaking them up. Hot converter slag is being handled by an oil fired locomotive.
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; month. Going to the nearest railroad point the manager wired to several supply houses in the west, but none of them kept the part wanted in stock, and so an order had to be sent east; and even then, sad to relate, the piece of machinery wanted was not to be furnished, and had to be made before it could be forwarded. This delay cost the company a lot of worry and trouble, and a loss of about $10,000 that the mine would have made during the enforced shut·down. ·So, you see, it was the little thing that made all of the trouble, and which could have been avoided had the management paid more attention to the details cunnect· ed with his office, and less to the game of stud poker and sluff. I can cali to mind another instance where a company lost money because of inattention to Iittle things. In this case a lot of powder and fuse had been ordered, but the manage· ment was so busy getting a high·grade sample to send to the eastern office that he clean forgot to order caps also. III due time the powder and fuse arrived; but, when the holes were charged, and th", foreman called for the caps, they were not forthcoming. As a consequ~mce a force of fifty men was laid off for a couple of weeks, and the company loss cut deeply into the next dividend payment. At an· other time the company was entirely out of candles, which the manager had for gotten to order, and another shut·down wal> recorded, with a still further loss. And, I c()nce knew a man who ordered all kinds of tobacco, only to find, when he got out into the hills, that he had forgotten to take his pipe along. As a result he had to hike back home, thus losing a day and a half, besides almost dying for a good smoke. "I want to tell you, Old Long Ears," continued the prospector, if you will take care of little things the big ones will take care of themselves. If you will keep the flies out of the mulligan I will engage to eat the whole mess, no matter what else is in it. It is the little things which count, the sliver in the foot and the scratch on the finger which, if neglected, may result in the loss of a limb; and, if I live to be as old as that outlaw jack of yours, I will always be particular about little things; and there you are, and then some." -~·--o-·---
OHIO COPPER REPORTS.
The report of the Ohio Copper Mining operating mines at Bingham and , mill at Lark, Utah, has just been issued fjr the preSident, William O. Allison, and s unsatisfactory to western stockholders, n that it goes into no details as to exact ~osts and conditions, but is general tn its one. Handicapped by bad financial meth· .ds of the old company, the local officials leseI've every credit for whatever good reo ·ults havs been accomplished by the com· >any. This company's evasive methods and
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concealment of conditions has long disturbed its stockholders. The presldnt's statement follows: "I am submitting herewith for your con· sideration and approval, balance sheet of your company, as of date 'Dec. 31, 1912. "Your company began operations on Aug. 1, 1912, and during the period to Dec. 31, 1912, mined and concentrated a total of 234,239 dry tons of ore, averaging in copper contents 1.05 per cent. In the concentrates shipped to the smelter there were 2,343,439 pounds of copper, 1,920.41 ounces of silver and 379.875 ounces of gold. "'Vhile the elapsed time of the opera· tions to Dec. 31, 1912, was five months, the above production was the result of only about three and one·half months' operations, your mine and mill having been closed down on account of the strike for a period" of about six weeks in :8eptember and Oc tober, and operations were very much in· terfered with thereafter because of incom· petent men and the disallction of the em· ployees. In August, 1912, a mill test run at the concentrating plant was made by Allen Hast· ings Rogers, who makes a specialty of con· centration, and in accordance with his reo port and recommendations, your directors ordered the mill unit No. 2 dismantled, and the Wall rolls removed. This change was begun during the shut·down caused by the strike, and the reconstructed unit was not in operation at the close of the year. Your concentrating mill was, therefore, operating with only two units and treated an average of about 2,000 tons of ore per day, but with the reconstructed unit in full operation, your concentrating mill should treat at least 3.000 tons of ore per day, which we expect will be an accomplished fact by the first of next month. "Taking into consideration the various handicaps suffered by your company in its operations, among which I should not fail to mention the extreme Weather conditions prevailing in the Bingham mining district during December, I feel that the results ob· tained are fairly satisfactory." The Ohio Copper l\I;inlng company bal· ance sheet of Dec. 31, 1912, shows: Assets. Mine and mill properties ...... $4,712,462,30 Treasury stOCk, 50,000 shares at $5 ......................... . 250,000.00 ·Furniture and fixtures ........ . 2,335.27 Unexpired fire insurance ..... . 169.80 Mill supplies ..... $45 546.98 Mine supplies ..... 11,167.88 56,714,86 281,207.75 'Cash Accounts receivable ......... . 273,126.58 Total ...................... $5,576,016.56 Liabilities. Capital stock-a1lt:horized 1,600,001) shares at $5 par. Issued, 1,300,000 shares at $3 .. $3,900,000.00
1 11
30,
1913.'
50,000 shares at $5...........
250,000.00
$4,150,000.00
Ohio Copper Co. First Mort· gage bonds .. $1,760,000.00 Less bonds in treasury .... 514,000.00 Accounts payable Surplus account: Profit on opera· tions, Aug. I, 1912, to Dec. 31, 1912 .•.... $ 104,953.09 Less sundry other expense 16,772.52 $
$1,246,000.00 122,985.99
88,180.57
Less interest on bonds ....... .
31,150.00
$ Total.......... ..........
57,030.57
$5,576,016.56
----0'--- BARNES·KING DEVELOPMENT CO.
The following is taken from a B1ltte, Montana, paper concerning recent develop ments on the properties of the Barnes· King Development company. Directors of the 'Barnes·King company, at a meeting held in Butte yesterday, reo elected the old officers as follows: C. W. Goodale, president; A. J. Davis, vice presi· dent; J.E. Corette, secretary; C. C Swin· borne, treasurer. These, with Walter C.' Lewis, F. L. Melcher, Charles R. Leonard and I. A. Hellbronner, all of Butte, com· pose the new board of directors elected at the annual meeting of the Barnes·Kbg stockholders, held at Kendall Ma~ch5. George T. McGee, manager of the com pany, reported in detail the work being '
has been cleaned up. These bars were
taken out by the directors on their recent
trip from Kendall. Of this money $1£, 925.38 has been applied to the .payment of
the purchase price of the North Moccasin,
the agreement having been made that pay
ment could be made from the output of
the mine. The balance is retained in the
treasury of the company,
The company's mill is treating about
100 tons of or;:) daily. Owing to the quality
of the ore being treated, the mill produc·
tion is small. Mr, McGee was YesterdaY
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:'It is proposed further to offer stock authorized by the directors to purchase nine additional leaching tanks, at a cost holders in the old corporation the first of about $10,000, which will very materially chance and opportunity to acquire stock increase the mill output. All the ore be in the new corporation to the extent of ing treated now is from the North Moc their holdings in the old upon paying two casin, and the bullion nm reported above cents per .share and surrendering their was from 4,062 tons, which yielded $9.71 old certificates; providing such payment is a ton. Manager McGee is very w'ell pleas made and such certificates are surrender ed with the work of the mill. He said ed on or prior to May I, 1913. The money yesterday that it saved 92 per cent of the so received is to be used in paying the costs and expenses of said bankruptcy pro values. Manager McGee now resides at Helena, ceedings, the costs and expenses of organ and divides his time between the Barnes izing said new corporation, and in paying King and North Moccasin at Kendall and the claims allowed against said estate other the Piegan-Gloster properties, near Marys than the said claim of said William H. Nel ville. He told the board of directors yes son, and for doing the annual assessment terday that the work in the Piegan had so work and further developing the property far been disappointing. Recent develop of said company so to be purchased. "Mr. Nelson agrees that in considera ments had failed to disclose as large an ore body as had been anticipated. A big tion of 153,572 shares of stock in 'said cave-in at the Gloster hinders development proposed new company being issued to him in that property. The company is run and' the other members of his family he ning a tunnel 400 feet on the Norman claim will accept same in full payment and satis faction of his said claim as aforesaid, and toward the old Gloster works. The Piegan and Gloster are pioneer gold to that end, and that the provisions of his mines. They have produced millions In the said agreement may be carried out, has as old days, and were formerly well equipped signed his claims to E. O. Lee, who has in the way of hoisting machinery and re ~onsented to act as such truste~ "The stockholders of the old company duction plants. Some of the engines can still be used and one bi·g stamp mill may will be given until May I, 1913, in which again be put in commission if the condi to pay said amount of two cents per share tions warrant it. The mill no longer has and surrender their old certificates, whiCh its batteries of stamps, but the frame of payments must be made to E. O. Lee, 608 the building is good and a couple of en Boston building, Salt Lake City, Utah, who gines formerly used for .power could again is named as trustee, and who will see to it that said arrangement is carried out or be employed. the money returned to the ,said subscriber ---(}---- within ninety days from and after said NELSON QUEEN TO REORGANIZE. April 15, 1913." E. O. Lee, trustee in bankruptcy for the Nelson Queen Consolidated company, a Park City, Utah, enterprise, has issued a statement to stockholders showing how the difficulties of the company may be straight ened out. He says: "The Nelson Queen Consolidated Min ing company was adjudicated bankrupt on January 9, 1913 This was necessary to prevent ,suits and property being sold under execution. The corporation is ill' deb ted in the sum of about $17,000, of which $15,800 is owing to William H. Nel son for services rendered the corporation during the last fiVe years and for Which he has received little or no pay. "Mr. Nelson has worked upon, looked . after and taken care of the property dur ing all that time; has seen to it that the assessment work upon :the unpatented min ing claims has been properly done each year, and has done a vast amount of othel' development work upon the property. "It is proposed to form a new corpora tion with the same number of shares as the old, to take over and hold the prop erty. The shares of stock of the new corporation will, however, be made assess able.
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The Secretary's letter to Senator Poin dexter points out clearly that he has no intention of revoking the order of with drawal of the public land. He states: "This action by the federal government was initiated .in response to the request of citizens of your state, and in view or the recent action of the Washington legislature reserving all waters in the Wenatchee watershed it mClstrates the type of co-oper ation between Etate and nation necessary to promote the highest utilization and de velopment.. You may be assured, there fore, that no revocation of this executive withdrawal will be recommended without first affording full opportunity for the pre sentation of the views of your cons~ituents and for the complete investigation of the possible uses of thIs river."
- ....
·~o----
RECENT PUBLICATIONS.
Reactions. Fourth Quarter, 1912. 20 pp. 111. Describes applications of the thermit process. Goldschmidt Thermit Co., 9') West St., New York. Railways and Agriculture, 1900-1910. Bu!letin 45 of the Bureau of Railway Econ omics, Washington, D. C. 30 pp. Sampling Coal Deliveries and Types of Government SpeCifications for the Purchase of Coal, by George S. Pope. Bulletin 63. U. S. Bureau of Mines, Washington. D. C. 68 pp. Ill. Should be in hands of aU large coal users. The Production of Lead in the United States in 1912, by C. E. Siebenthal. United States Geological Survey, Washington, D. C. Eight page pamphlet, with curve of prices ----0>---- since 1906, list of smelteries and refineries FAVORS HIGHEST UTILIZATION. in the United States and statisties. The Cementing Process of Excluding -Se.cretary of the Interior Franklin K. Water from Oil Wells as Practiced in Cali Lane has stated his position with respect fornia, by Ralph Arnold and V. R. Garflas. to insuring the highest utilization of public Technical Paper 32, United States BurEau of land resources in a case .of great import Mines, Washington, D. C. 8 pp. ance in which much interest is being mani Mining in the Federated Malay States, fested in the Pacific northwest. The secre by D. C· Alexander, Jr. ·Special Agents tary recently received through Senator Poin ;Series No. 59, Department of Commerce, dexter a telegram from a state senator stat Washington, D. C. 25 pp. Ill. Mr. Alex ing that the legislature of Washington had ander is engaged in investigating the market unanimously passed an act reserving all in the Orient for American machinery and waters in the Wenatchee basin, but that tools, and his report deals especially with before the act was signed by the governor methods and equipment. certain power interests had filed on these The Proposed Patent Law Revisions, What waters, and urging the president and the it Means to Inventors, Manufacturer'!. Deal se.cretary of the interior to- serve the best ers and the Public. By Gilbert H. Montague, interests of the state of Washington by of the New York Bar. Reprinted fr:nn the maintaining intact President Taft's execu Harvard Law Heview, Vol. XXVI, NO.2. tive order withdrawing the 18,553 acres of Harvard Law Review Association, Cam reservoir Sites involved. Both this federal bridge, Mass. 18 pp. withdrawal and the state reservation were Cuba as a Buyer and Seller. A. G Rob made with a view to possible utilization of inson. Washington, D. C. Government the water for the irrigation of 290,000 acres Printing Office, 1913. 32 pp. Publication in the Quincy yalley, on the east side of Of the Department of Commerce, Special Columbia river, which, as stated in the tele Agents Series No 61. gram to Senator Poindexter, "means mil ----0-- W. N. McGill, of Ely, Nevada, ,'las a lions to the state of 'Washington and fur· ther development of Quincy valley." recent Salt Lake visitor.
rm
IMine 6- Smeller Building I The Nevada-Wonder Mining company will nearly double its hoisting capacity at Wonder, Nevada. The Kingston mine, at Austin, Nevada, under the management of H. L. ;Boyd, will probably be equipped with a mill. Trie National Mining company is con templating the erection of a concentrating plant at Deadman Gukh, in Idaho. The Dragon Consolidated of the Tintic 'district of Utah, with offices in Provo, Utah, may install electrical pumping equipment. Additional drill equipment will be lldded to the Frisco mine, at Wallace, Idahoi now owned by the Federal 'Mining company. The Phoenix Mining company, of Spo kane, Washington, operating in the Ross land district, is to install machinery on its property.
A new stamp mill of 100 tons capacity is to be installed at Dale, California, the scene of the extensive operations of the Schwab interests, the United Green \Vater company. It is expected that the Florence-Gold field Mining company, of Goldfield, Nevada, will make some provision soon for milling facilities to replace the plant burned some time ago.
Thompson & Porter will immediAtely In stall a small steam 'shovel on their Igo placers, and are contemplating the Installa tion of a dry land 'dredge, near Redding,. California. A small furnace will be built at Old Iron sides, near AlleghanY, .california, this sum mer to roast the sulphide ore of the Sierra del Oro mine. Hugh McCormick is super. intendent. The Bank Mining & ·Promotion company, owning the Red Lodge mine at Scotts Flat, near Alleghany, California, is preparing to Larger pumps will be installed on the erect a twenty-stamp mill in the spring. J. placer properties of the Springfield Tun 'B Moulton i.s superintendent. nel & Development company, near Sonora, In the overhauling of the Pelican mill at California, Silver Plume, Colorado, recently purcbased Watson & Reilly will install an electric by H. B. Clifford and Company, of Nev. pump on the Joanna claim of the ChaIIt York, it will be necessary to purchase a man group, near Lane City, Nevada, is the considerable quantity of belting_ report from Goldfield. It is expected that W. A. Clark, on his Frank Chase, manager of the Pioneer return from New York, will reach some de mine, in Rumbug canyon, near Auburn, Cal cision as to the machinery ·for his zinc con ifornia, will .substitute electric power for centrating plant at Butte, Montana. Plans for the plant have been approved. water power this summer. A reduotion plant will be installed at Extensive additions to the couper leach ing plant of the Bullwhacker, at Butte, the University of Wyoming, at ·Laramie Montana, are planned. Patrick Clark, of The plans will be discussed at a meeting in June, at the call of A. C. \l3oyle, pro Butte, is heavily interested. John G. Kirchen, manager Of the Tono fessor of metallurgy at the university. Air pumps will be installed to augment pah Merger Mining company, announce'S that pumps will be installed in the com the electric pumps at t11e Arkansas & Ari zona mines, in the Jerome district of Ari pany';s mine at Tonopah, Nevada. Homer Rhyne and Peter Eastman have zona. Three new boilers will also be added secured a lease on the tailings dump of and the machine shop and power house in th" Pennsylvania mine, at Grass Valley, creased in size. The directors of the Barnes-King Devel California, and will install a cyanide plant. opment COll!)any, Butte, Montana, have au E. M. Carman, superintendent and gen thorized General Manager George T. Mc eral manager of the Longfellow mine at Gee, of Helena, Montana, to purchase nine Garnerville, Nevada, states that a 40-ton addiitonal leaching tanks for the company's mill is to be installed on the property. mill, at a cost of approximately $10,000. R. \Veil has secured a five-year lease on L. G, Ochenreiter and W. H. Nuiser, di the Ross quartz mine, on Ropkins creek. rectol'S of the Coronado Mining company, near Nelson Point, California, and will in have been at Prescott, Arizona., and ex stall a 50-stamp mill on the property this amined the company's property at Rees, summer. near Congress, It is planned to install a The Elkton Consolidated Mining com twenty-starn!) mill. W. T. Sawyer is man pany, of Victor, Colorado, is contemplating ager for the company. the con'struction of a low grade gold cyan -·--0-- ide mill similar to that of the Portland The Consolidated Peavine Mining com at Victor. pany has been incorporated to work claims According to H. W. Wernse, secretary of on Peavine mountain, Nevada, with princi the Richmond Industrial company and the pal place of business, Reno, and C. R. Point Richmond Land & Canal companY, Reeves, Henry Anderson, Sr., and Senator his companies will erect a general ore test· W. A. Massey as directors. The capital ing and reduction plant at Ric11mond, Cali stock is $1,000,000. Work on the company's fornia. properties will begin at once.
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Construction News The \Vestern Colorado Power company has asked for a franchise to erect a power plant at Hotchkiss, Colorado. The plant of the Portland Cement com pany, at Oswego, Oregon, is to be increased from 1,000 to 2,000 barrels per day capacity. According to E. L. Brown, vice-president of the Rio Grande system, that company will during 1913 erect $3-(10,000 rrailroad shops at Grand Junction, Colorado. Approximately $100,000 will be invested by the Wenatchee Valley Gas & Electric company, in the installation of a gas plant, at Wenatchee, Washington, this ,summer. The West Coast Engineering company of Portland, Oregon, will begin work at once on a 50,000 horsepower development on the MacKensie river. The company will add 43 new cars to its equipment. The board of governors of the Salt 'River Water Users' association, is receiving bidtl for the construction of one-half mile of re inforced concrete tubing, for part of the penstock of the new power plant at Tempe, Wyoming. Const,-uction will begin at once on a power house, office, waiting room and sub station at Vancouver, Washington, for the Portland Railway, Light & Power company, to cost $30,000. The steam power plant will be equipped with a battery of three boilers.
----0--- THE LOCOMOBILE.
The Trent Engineering company" of Reno, Nevada, Walter ,E. Trent, manager, has accepted the American agency for the Locomobile, the steam power unit made in Germany by the engineering firm of R. Wolf. The Buckhorn Mines company, of Reno, George \Vingfield, president, has placed an order for two 350-horsepower loco mobiles, which 'are the first ones to come to the United States, although there are now 6,000 units of this condensing su!)erheated steam plant now in operation abroad. The Locomobile develops one brake horsepower-hour with one pound of coal, or one-half pound of crude oil. It is built to use coal, wood, oil, sawdust, Ugnite and peat for fuel. The Buckhorn contract was placed with the Trent Engineering com pany in competition wHh well-known man ufacturers of internal combustion oil en gines and condensing steam turbines. The Locomobile is built in all sizes up to 800 horsepower, and, on account of great economy in operation, is most suit· able for developing power in isolated camps and localities where t11e cost of fuel is high; and, being steam'operated, is simple and reliable, and its attendance does not require skilled hel!),
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SALT
SOURCES OF POTASH
In conn~tion with th~ search for pot ash in the west which is being made by the United States Geological .survey a great number of localities have been visited by th~ survey geologists, especially in the great basin. Shallow desert lake beds, so-called dry lakes or playas, ar~ exten· sivelydistributed throughout this region. Most of these playas contain salts to It greater or less extent, and nearly all thes:~ salts show an analysis from one to four per cent or more of potash. Few of these lake beds show evidence of having ever been submerged to a considerable depth, and the deposits that lie in the lowest parts of most of them are probably only alter nating strata of clays and saline muds, with thin salt crusts produced by peri· odic flooding and drying up. Large and massive deposits of crystalline salts can hardly be ex.pected except as the result of the drying up of a very extensive and deep saline lake, or as representing the con tinuous accumulation of saline matter in a water body during a VNY long period of time. Record of the existence of such lakes in prehistoric times is to be found in cer tain parts of the great basin region. Con trary to the general assumption, however, the extensive lake basins are in fact rela· tively few. It is evident, therefore, that the search for the important salt bodies of this type has of necessity been narrowed to a relatively few localities. The areas in Searles lake and the Panamint valley, California, of public land withdrawn from entry on account of their potash content are the lowest ,parts of two ancient lake basins, whose waters at their highest stage probably connected through a narrow strait Both .b'asins were filled by overflow from the drainage of Owens river and in both the salts are believed to have accumulated by natural concentration of the normal drainage waters from that source. The salt body in Searles lake lies at the surface of the 'ground and was located in claims for the soda it contained, before interest in pot ash had been seriously awakened. The mud flat that forms the bottom of the Panamint valley has recently been lo cated in "potash" claims, but without any evidence that can be taken to indi cate ,the existence there of a valuable saline mass. The salt that shows on the surface' in the Panamint valley is rela tively insignificant in amount, and tests for potash in the surface salts or ground waters of this valley do not run higher than the average of such salts in mud flats and dry lakes generally. The lands have therefore been withdrawn on evl dence of a more general character, the theory being that the .former larger lake of the Panamint valley when it dried up might have deposited a bed of salt as large
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as or larger than that now existing on the surface in Searles lake. The Panamint valley is relatively narrow, and the streams from the rugged mountain slopes that border it have spread their fans far "into the center of the valley. Drilling. possihly to a considerable depth, will be needed to test the possibility of buried salt deposits in this valley, and if suc'h deposits are found to be present, it 1M believed that they will b"e essentially like those of the ,Searles deposit. Columbus marsh, Nevada, is the evap· oration pan of a shallow lake. AnalYSis of clays obtained in this deposit have shown some exceptionally high percent ages of potash. No Important beds of clear crystal salts have yet been found in the marsh, and the possible commer cial value of such a deposit still remains a subject for further investigation Pending such work these lands also have been withdrawn from entry. ----10--
TRADE NOTES.
The Utah Junk company, of Salt Lake, has purchased a $7,000 Browning locomotive crane and lifting magnet for use in dismant ling the smeltery at Midvale. The crane is self propelled on a standard gauge track and will lift, with the magnet, five tons. It furnishes all of its own power, and the com pany figures that it will soon pay for itself on this job and will be later used for hand ling scrap at the company's yards. J. W. White, engineering salesman for the Jeffrey Manufacturing company, of Co lumbus, Ohio, located until recently at its Athens, Ohio, offices, has been transferred to Duluth, 1'v!'jnnesota. MT. White will look after the sales work of the above company in the following territory: The eastern part of Minnesota, northern Wisconsin, and the entire upper peninsula of Miichigan, with headquarters at 1905 East Superior street, Duluth, Minnesota. ---"0,--- 'The Enterprise Mine & Tunnel company has been incorporated at Twin Falls, Idaho, to do a general mining business. The capi· tal is $1,000,000 and one of the principal stockholders is Charles Hayden of Twin Falls.
----0--- F. Augustus Heinze, through the Stewart Mining company, has started another suit against the Bunker Hill & Sullivan company over ground in Yreka district, Idaho. There is about three acres overlap of claims. which Heinze claims by virtue of prior location.
----0--- It is reported that the IIHdwest Oil com· pany, which during the past few years has had wonderful success in Wyoming. will directly send representatives into the San Juan district of Utah with the expectation of taking up large holdings in this field. The company is backed by French capital.
1913.
31
! Engineers and Mil/men 1
J. V. N. Dorr has returned to Denver from New York. John D. Fields has returned to Butte, Montana, from the east. Tony J'acobsen, of Salt Lake, ha6 gone to the coast for a few weeks visit. Henry Krumb has returned to hi~ Salt Lake office after a professional trip to the east. A. J. Balmforth, consulting engineer for the San Andreas Mining company, has been in Bisbbe, Arizona, and has gone to Los Angeles, Howard Spangler has gone from Los Angeles to examine the property of the Jewel, Prince and Patricia Mining company, near Bradford, Idaho. Lloyd N. Kniffen is at Grasselli. In diana, with the United States Metals Re fining company. He was formerly at White Oaks, New Mexico. George Kingdon, of Globe, Arizona, will succeed James Kirk as superintendent of the Greene Consolidated CDpper company's properties at Gananea, Sonora, Mexico. Hallet R. R(}oinson, of Atlantic, Wyom ing, has succeeded the late R. E. SampSOi, as assistant professor of metallurgy at the university of Washington, Pullman. WaSh ington" Alexander Leggatt, of Butte. Montana, and George Sheldon, formerly of Salt Lake City, are making an autDmobile tour of points of interest, minin'g and otherwise, through southern California and Arizona. S. J. Kidder, form~rly with the Pitts" burg-Silver Peak Mining company, at Blair. Nevada, willbave charge of construction aL the new mil] of the Buckhorn Mines com pany, at ;BuckhDrn, Eureka county, Ne vada. Francis A. Thomson, of the University of Washington, has returned to Pullman, Washington. from a visit of inspection to the Silver Hoard mine, at Ainsworth. Brit· ish Columbia, for whic'h he IS consulting en gineer. W. C. Ebaugh, of the University of Utah, delivered a lecture on the increase of soil fertility due to 1 esearches in applied chem istry dealing with the combination r)f sul phuric acid, phosphate rock, and eiectric power, in the chemical lecture room of the university, On the evening of March 24, J. S Douglas, of Douglas, Arizona, will. on April 1st, succeed Dr. I.... D. Ricketts as general manager of the Cananea Consoli· dated Copper company. at Cananea. Sonora, Mexico. Mr. Ricketts will remain as presi" dent of the company, and Mr. Douglas will become vice-president. Mr. Douglas ha! had a wide experience in the southwest mainly with the Phelph-Dodge interests.
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W. R. Cox, Buperintendent of the Mason Valley mine in the Yerington district, of Nevada, has returned to his duties after a vacation at Los Angeles. T. B. Scott, who has been visiting the Lucky Boy mines at Chloride, Arizona, has r€turned to his home in Virginia_ He made arrangements for developing the property.
A round the State
Personal Mention]
J. C. Lynch has returned to Salt Lake from a two months' trip to California. Henry Catrow, of Salt Lake, has gone to his old home in Ohio for a short 'Visit· E. W. Ralph, manager of the Bosten Ely mines, at Ely, Nevada, Was in Salt Lake recently. James G. Berryhill, of Des Moines, Iowa, stopped in Salt Lake recently on his way to the coast. John Dern, and members of his family, of Salt Lake, has gone to Germany on a vacation trip. E. J. Butts, of Georgetown, Colorado, has been in Kansas City, Missouri, on a business trip. K. C. Wooley, a Salt Laker, owning prop.. erties on Winnemucca mountain, Nevada, was recently in this city. Alden C. Massey, of the Rico Mining company, has returned to Rico, COlorado, from a trip to Salt Lake. Edward Dopley has returned to netroit, Michigan, after several inspections .)f the new' camp of R.)chester, Nevada. Charles Tozer has been appointed super intendent of the Vivian Mining comrany's interests in Mohave county, Arizona. J. C. Jensen, manager of the Rico-Well· ington Mining company, at Rico, Colorado, recently went to his hO'me at provo, Utah. E. B. Hayes, foreman at the Rico·''Vell ington mill at Rico, Colorado, has returned to his duties after two months in t:le hos pital. A. B. Wolvin, president of the Butte & Duluth Mining company, has returned to Butte, .Montana, after a month's aiJsence in the east. Frank M. Leland, president and general manager of the Empire Copper company, has returned to Mackay, Idaho, from an eastern trip. E. L. Latta, of S·pokane, Washington, formerly manager of the Idora mine in Idaho, was a recent business visitor in Wallace, IdahO_ Charles T. Werdman and James 'Wilkes, of Goldfield, Nevada, have been visiting the Studley-Swope properties in IXL basin, near Kingman, Arizona. Clyde A. Heller, of Philadelphia, presi dent of the Tonopah-Belmont Devel(lj)ment company, opBrating at Tonopah, Nevada, has been making an inspection of the com pany's property_ L. G. Hardy, general manager of the Lucky Deposit Mining company. of Aurum, 'Yhite Pine county, Nevada, recentlv came to Salt Lake with a shipment of fOl'tr-five tons of ore from the property.
J. J. Stubbenboard, manager of the Atlanta Gold Mining company, with prop erty in the Pioche district of Nevada, re cently transacte:l business in Los Ang;eles. James E. Beveridge, of .Salt Lake, has b€en looking over properties in the Rochester distrid of Nevada. He is man ager of the old Flagstaff mine at Alta, Utah. Robert F. H"yes, son of John M. Hayes, cashier of the 'Vtah CoppBr company..met his death in an explosion and fire a~ B'ing ham, Utah. He lingered near the scene of the fire to warn others of the danger of an explosion, and by so doing lost his life. Some $200,000 worth of property W!:lS lost in this fire, which resulted from an over h€:ated stove, and caused the explonion of a large quantity of caps which were stored in the warehouse.
----0--- CATALOGS RECEIVED.
Stamp Mill. Bulletin 41, Power & Min· ing Machinery Co, Cudahy, Wis. 61 pp. 111. Blasting with IndepBndent Dynamite_ Independent Powder Co., .Joplin, Mo. 89 pp. Ill.
----'0--- The Rose Mining company has been in corporated in Salt Lake county, Utah, for $100,000, in ten·cent shares, by M. L. Leon ard, who is preSident, George L. Graehl, vice-president, and Edward T. Wooley, sec retary and treasurer. ~~~-o----
The Montello )'lining & Leasing company has been incorporated In Salt Lake county, Utah, for $100,000 in $1 shares. F. C. Wil liams Is president, G. 'V. Lynch, vice-presi dent, and P. O. Perkins, secretary and treas urer.
- .. ---0--- It is reported that M. R. Evans, John T.
Hodson and W. H. Webber, of Salt Lake, recently made $35,000 on a deal at Rochester, Nevada, without the investment of any money. They took an option the first of the year on the 'Yeaver group for $12500, and immediately made a deal with George Wing field of Nevada, wherebY the latter agreed to assume all the payment and do consid erable development in return for a half in terest. The claims joined those of the Roch escter Mines company, and Joseph Nenzel, of the latter, has just bought out the Weaver owners for a sum which gives the Salt Lak· ers the amount named, without any invest ment on their part.
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The Metals Milling company has been incorporated in Salt Lake with a capital stock of $10;000. J. M..Callow is preSident; Ernest Gayford, vice-president; A. S. Hop· paugh, secretary and treasurer. In the Tintic district, the Yankee Con continues to send out a good tonnage of 37 per cent zinc ore, and is developing on the 1,800 and 2,000; the May Day is ship· ping five cars a week, half lead and half zinc. The Colorado Mining company, of the Tintic district, will ceas~ shipping ore, hav ing exhausted its high grade. It has funds to do further prospecting, and a consider able tonnage of low grade ore, which awaits the advent of a mill. The Daly-Judge Mining company, operat ing at Park City, will pay a dividend of fifteen cents a share on April 1st, the amount of the distributiOn totaling $45.000. The company is producing 2,000 tons of ore and concentrates monthly. The Silver King Coalition Mines com pany, operating at Park City. will pay a dividend of fifteen cents a share on April 15, to stockholders of record on April 5. The distribution will amount to $187,500, and will bring the total of the company to $13,022,385. It is at last assured that J. G. Jacobs will build the railroad up Little Cottonwood canyon, from Sand Pit to Wa,satch. Since the latter point is two or three miles from the terminal of the Michigan-Utah at Tan ners Flat, ore shipments from the mines up the canyon will be facilitiated. The Thompson Quincy Minin'g company, of Paok City, has struck about four feet or lead-carbonate ore, 130 feet above the 900 foot level of the Daly West, and about 201) feBt east of the old raise where water drove the men out. This gives 200 feet of pros pec-tlve stoping ground at thesB points. It is reported that the Consolidated Mer· cur, which has drawn out its exIstence fo.' the past two years will soon cease opera· tions at Mercur. This is a famous old property, from which many of the cyaniding pioneBrs went forth, and is the mainstay of the town of Mercur, whic'n will amount to little when work 'stops at the Con.
At a directors meeting of the Blackbird Copper Gold Mining company, held in Salt Lake,B N. Lehman resigned as a director, treasurer and genBral managBr. L. N. Mor rison resigned as a director and 'Y. H. Watt of Du Bois, Pennsylvania, was elected a director. The office of the company was moved from 807 Newhouse building to the office of the sBcretary, F. 0 Frick, in the McCornick building. Headquarters of the company are to be at Du Bois, Pennsyl vania.
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Many exa-ggerrated reports bave been sent out concerning the gold ore about Minersville. We are informed on reliable authority that assays of material taken from points claimed to be rich showed an exceedingly low grade ore. There has been no high grade ore developed, nor is there any great quantity of low grade showing. On the 2I0-foot level of the Noonday, in Bradshaw <listrict, a strike is said to have been made about 308 feet from the shaft. which shows ore running high in lead and low in 'silica and zinc. The extent of the ore is unknown. The ore is in the lime and is an excellent flux. Ore occurrence in this 'district makes it necessary to do a great deal of development to demonstrate any quantity of ore. The Alta Consolidated, with mines at Alta, in Little Cotton wood canyon, near Salt Lake, has considerable ore on hand. Its new winze is now down 70 feet, and Is ih one foot of rich sulphide ore. As showing that the camp of Alta h!lJS done in the past, the following gives the production up to about nine years ago, as taken from an old prospectus,-Flagstaff mine, $11,000,000; Emma mine, $7,000,000; Grizzly mine or continental-Alta, $l,OOO,O(Hl; City Rocks. $900.000; Albion, $500.000; .:.rrederick and Grown 'Princo (Alta Consolidated), $300,000; Columbus Con, $2.250.000; Rustler. $900,000. The Bull Valley Gold Mining company, with mines in Washington county. has elect ed John T. Hodson and M. R. Evans, of Salt Lake, president and vice-president respec tively, W. scowcroft. of Ogden, secretary and treasurer, William H. Webber, of Salt Lake, and R. G. McQuarrie, of ,81. George. additional directors. Mr. Webber was or i-ginally manager of the Nevada Hills at }i'airview, Nevada, and is at present on Its executive board. The company is driving a tunnel on ,the fissure which will reacn a depth of 500 feet deeper than has been yet attained by the company, ana w1ll be 70u to 800 feet below the apex. PATENTS RECENTLY
ISSUED,
(Prepared for The Mining Review by Davis & Davis, pe,tent attorneys, Washing ton.) 1,041,533-Combined settler and filter- E. \Vagner, New York, N. Y. 1,041,783-Apparatus for grinding ores and other ma:erials-H. W. Hardinge, New York, N. Y. 1,041,909-Classifier-L. C. Trent, Los Angeles, Calif. l,042,194-0re-separator-W. L. Bradbury, Kansa::! City, Mo 1,042,229-Amalgamator-F. J. Hoyt, Red lands, Calif. 1,015,469-Process of producing copper, lead, or iron vanadate from van adiferous ores-\V. F. Bleecker, Boulder, Ohio.
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H. R Clifford & Coml>any have taken the Dives-Pelican mill at Silver Plume, Fox and MinOr are to instalJ 'a 30-ton smelting furnace at the old foundry at Ouray and will smelt mainly the ores from the Two Kids mine, which tbey own, anU, will probably be in the market for fluxing ores in the near future The Smuggler-Union at Telluride i3 put ting on a large force of men on its mines, nUl and tramways, and will increase its output. The company recently lease.:) some ground from the Moorhead Mining & :\1ill jng company. The Rare Metals Mining company, op erating in Paradox valley, has laid off all of its men but two, and is confining its work to assessment requirem1'mts, .1. C. Simmons is manager, The properties are near Placerville, and on the west side of lower Bear creek. Orr J. Adams and Ernest Hermu,lll, of Grand Junction. and J. Q. Allen, of Mout rose, are incorporating a $10,000 company to build a small concentrating plant and laboratory for treating the uranium ore of the Paradox valley for its l'adinm. The plant will be at Montrose or Telluride. News from the new Eagle strike con tinues to come in. tending to show that there is some basis for a little excitement, although there is some doubt as to its be ing a second Creede The sooner the labor of the boom is OVer, and the birth of settled conditions comes, the better for this camp. Sherman Harris is in charge of the sink ing of the shaft on the Rockford mine, on Quartz Hill, near Central City. The shaft is now down 300 feet, and is all in ore at the bottom. A local paper quaintly says that during the week J J cords were ship ped to the local mill, yielding over 27 ounces of gold. James T. Garret, leasing on the Seven· Thirty mine at Silver Plume, has struck eight to thirty inches of ore runn:ng 30( to 2,500 ounces in silver. It is ex!)ectec that large shipments can be made from thf stope where the discovery was made. Les sees on the MCLelland mine also report dis coveries of rich streaks of silver in tha property. The shipments from Silverton for Feb!
uary were 1,400 tons of concentrates 0
which the Sunnyside shipped 525 tons, th'
Gold King, 40i); the Silver Lake, 175; th
Iowa-Tiger, 75. and Vinyard & Co., 22(
The Gold Tunnel shipped 475 tons of on
and 100 tons miscellaneous ore was als shipped, makiug a total of 575 tons c ore in addition to concentrates.
The daily output of the Rico district i
0--- The Midway Summit mine, near Burke, now about 125 tonS. The Rico-Argentin
Idaho, has fifteen feet of good milling ore ships two cars 'daily, in tbree classes.
seven to twelve per cent coppel' produc at a depth of 900 feet.
F. L. Jones, of Globe, is mining some -good ore adjoining the Silver King in the Superior section. \Vork is to be resumed in the Copper Chief mine, near Jerome, which it is said is now controlled by the American Smelt ing & Refining company. Bud Wilson will soon put a force of men at work on the Copper Butte. and is now engaged in building a good road from Ray, two and a half miles distant. The Climax mill. in Hasayama district, is to start operations. A little later, ten stamps from the old Hidden Treasure mill will be moved and set up at the Climax. The Magma Copper company, operat
ing, near Superior, is shipping 300-400 tons
of high grade monthly to the smelteries.
The company is now prospectins with
diamond drills to determine the location of
a shaft.
The Champion mine in the Globe dis trict, which was discovered in 1875 and produced a large amount of silver up to 1884, since when it has been idle, is to oe reopened by G T. Webster and James A. Fleming, the present owners. The management of the Nelson mine at Crown King 'has decided to run a lower tunnel, since the developments in the tun nel now being driven have been better than expected. Thi s tunnel is in 900 feet, a greater part of the distance being in three to five feet of ore. There are two streaks, one running about $20, the other $100, in gold and silver. The Best Friend group of six cla:ms, nine miles southwest of Kirkland, in \Veaver district, has a forty-foot vein ot copper ore, which is said to run from eight per cent up. There is one shaft 15() feet deep and other shallower ones. A new shaft is now being put down in the hang ing. There is also a lime deposit of large dimensions on the ground, which carr:es a little copper, which would make an ex cellent flux. The Jerome mines continue active de veloJ)ment. The United Verde Extension has begun the opening of new 'ground; the Haynes Copper cmopany is making good progress in sinking its main shaft; the Arkansas and Arizona mines will install air pumps, to help out the electric installation and prevent another flooding. This com pany will also install a very powerful hoist, three new boilers, and incr~ased capacity will be provided for in the machine shops. The tunnel of the Calumet and Jerome is being turned to cut the vein several hun dred feet 'below the shaft.
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a lead-copper and a lead-zinc, each ot th(l latter running about $20 a ton. The ,Rico 'Wellington is treating about seventy-five tons a day of ore carrying 32 per cent lead and 24 per cent zinc, on which it is mak· ing a satisfactory separation.
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continued into the hill to reach a point be neath the iron outcroppings, where pre· ,Hminary work revealed good values.
Yount & Fayle have op:;ned the Bullion mine at Good Springs, with J. O. Fisk as manager.
MONTANA.
The Mason Valley Mines company has let the contract for two converters for its smelting plant at Thompson
The efficiency of the power of the An· aconda company, at Butte, has been so IDAHO. increased by the change from steam to After much sinking and raising, the electricity that all ore hig.her than two per Snowstorm Mining company, operating near, cent is now shipped to the smeltery, where Mullan, has found its copper ore netween formerly only five per cent ore was ship the third and fourth levels. The vein is ped. This allows a much wider area of larger and stronger than on the upper ground to be mined. levels. A steam surface plant is being installed H. H. Boomer and Peter McKinney will on the property of the Butte-Minnesota prospect their placer properties near Sal Mining company, which owns six claims mon, with the idea in mind of installing a three miles south of Butte. Work will be dredge. if conditions warrant. In the ,Sal· resumed, the shaft sunk to 150 feet and mon country, one dredge is operating on d,ifting commenced, Some ore has . ,been Kirtley creek and another is being installed found in the shaft assaying up to $44 in 'gold, silver and lead. on Bohannon. The IButte M'ain Range Mining company The owners of the Lost Packer mine, 112 miles from Mackay, the nearest rail· is being organized to work property north road point, expect to operate the company's of the East 'Butte, at Butte. Ed. Hickey, smeltery on its high -grade copper ore. president of the Tuolumne company, is The stock is held largely ,by Salt IJake president of the new company, and it is interests. Superintendent Boyle is now expected that work will begun in earnest this summer. It is believed that the veins busy securing supplies. The \Vestern Silver Mining company, of Butte hill will be found on this property successor to the O. K. Consolidated com and that another producer will be added pany, has taken over a number of claims to the camp. The Tuolumne Copper company, with on Pine creek, in the Yreka district, and is dOing extensive development work on the mines at ,Butte, has opened 'a new shoo.: O. K. group in Government gulch, under of ore on the Jessie vein at the 2,OOO-foot level. .Drifting for 100 feet has shown two the direction of Jeremiah Miller. Ravenel MacBeth, state senator from feet of six per cent ore, and more medium Custer county, has taken the secretaryship grade. The company will sink to 2,400 feet of the recently organized Idaho Mining -as and crosscut under this find. The com· sociation, which is expected to 'do a great pany is producing the richest ore in the deal for the mining interests of the state. camp, at a cost of seven and one-naif Harry L Day, of \Vallace, is president of cents, which is made possible by the high thc aSSOCiation, which will include in its copper content of the ore. A high potential transmission line from membership any who have any connection Thompson Falls, to the .Iron Mountain with the mining industry. A strike is reported from the vicinity mine at Carter, in the East Coeur of Caldwell, where claims have been stak d'Alene district, has 'been cO'Inpleted, and ed in all directions as a result of discov the current turned on, according to C. B. eries by Pennington & McAfee. The usual Etnier, prinCipal owner and general man crop of exaggerated statements has -gone ager of the Glen Metals mine, near Carter. forth, but it is probably a good place to There has been 500 feet of water In the stay away from at the present time, inas· lower levels of the Iron Mountain, and much as all available ground has been the pumps have been operating. "We are staked, and not enough work has been done 'Working eight men at the Glen Metals, and last month shipped two cars of high grade to warrant any large deals. to the Tooele smeltery taken from the 70() Under management of Matt Baumgart foot level," says Mr. Etnier. "We are pre ner of Spokane, Washington, operation!'! paring to open two more stopes and will were resumed this week ,on the lower endeavor to double the output. The King workings of the Liston mine on Big creek and Queen, owned by a Pittsburg company, in the Idaho Coeur d'Alenes. The long is working about fifty men and Is shipping lower bore is now in 1,900 feet, a consid approximately 40 tons a day" erable part of which is a drift on a ledge running as much as 125 feet in width. NEVADA. Silver and lead values have been encounter ed and ,a large body of milling ore ex. The proposed mill of the Mendha-Ne posed To secure greater 'depth, which the vada, in the Pioche district, is expected to owners expect m.ay result in opening up a be in commissil'n by the middle of the body of shipping ore, the drift will be Year.
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In the Chief district, near Pioche, a small force of men is starting work at the Gold Chief mine, and the mill is being put in shape for a run, A. L.Scott, operating the Boston & Pioche mine at Pioche, ,has opened up a one to three foot vein of $50 silver-lead ore on the 200-foot level. A rush is said to be on to Republic, thirty-fIve miles northwest of Tonopah, where some rich gold ore is said to have been found in some old workings. The National Mines company has the station finished In the NO.5 tunnel at Na tional,and the machinery set up. Work will begin on shaft sinking from this pOint at once. The Jumping Jack shaft at Manhattan will be immediately sunk another 100 feet to a depth of 250 feet. Enough ore is in sight to give an output of 100 tons a week for three months, George J, Fox, of taken out a force of in Iron canyon, the to be increased from tons a day. Gold ore
'BattIe Mountain, has men to the Fox mill capacity of which is fifteen to twenty-five is treated.
Ralph Kellog, superintendent of the Ely Consolidated, of Ely, has taken a le:131~ and bond on the Rocco Homestake mine at Hamilton, which was formerly a prodllcer of lead·silver ores and will start develop ment as soon as snow leaves. R. A. Millick, and associates, have or ganized the Osceola Mining company to take over and develop the placer ground at Hogum gulch, near Osceo!a. The Ingot and Valentine cl-aims, among others, have been acquired. These were once producers Eight tons of high grade gold and silver ore from the tenth level of the Seven Troughs Coalition company, 'at Seven Troughs, has been sent to the sme'tery. The shipment is expected to run about $~25 a ton. Development on the strike is being pushed. The Manhattan-Big Four, at Manhattan, has ordered a new double drum eJectric hoist and will erect a larger head frame on the Big Four shaft. The mill is treating 100 tons a day with satisfactory results. The recovery is stated to be about 92 per cent. The production of the Goldfield Consoli dated Mines, of Goldfield, up to January I, 1913, has been $54,036,347,93, out of wich $23,839,067 has been paid in dividends. The Combination mine produced $11,198" 642.81, the Mohawk, $19,871,036.49; the Red Top and Laguna, $6,286,070,91 and the Jumbo·C1ermont, $16,680,597.72, Of this
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SAL T
amount lessees produced $11,200,OUO and the constituent companies produced $2,· 700,(}OO before the merger. The Nevada Hills at Fairview is build ing a pipeline and putting in a small pump ing plant to convey water from Westgate, seven miles to Fairview. This line should be in by the last of April and will furnish the necessary water for the company's 150 ton-mill. The recent meeting of the Goldfield Consolidated stockholders at Cheyenne, Wyoming, resulted in the reelection of a directorate consisting of George \Ving field, J_ D. Hubbard, J. H. Carstairs, A. H. Howe and Albert Burch. It is rumored that plans are under way for a consolidation of the Atlanta, Goldfield Merger, and Combin ation Fraction with the Consolidated. The Lucky Deposit Mining company, L. G. Hardy, manager, operating at Aurum, White Pine country, shipped forty-five tons of ore recently on which a net of $31.93 per ton was received. The ore is said to be of excellent smelting quality. The veins are two to fOUr feet in width and have been opened up forty or fifty feet from the surface. It is expected that an other carload will be shipped the middle of April. WASHINGTON.
Title to eighteen Copper claims at Reiter, on the Skyhomish river, including water power, has been given to the Bunker Hill & ·Sullivan Mining company, of Idaho, by the register and receiver of the Seattle land office. The commissioner of the gen eral land office, at Washington, D. C,' will pass on this before it becomes final. A value of $6,000,000 is said to represent this property. An option for $50,00Q on a block of stock in the ,Boundary Mining and Explor ation company, having a coal property at Midway, B. C., has been taken by Charles H;olland and J. W. Simmons of Spokane. This acq'uisition gives residents of Spokane almost a control of the property, whose out· put they expect to place in the Spokane market next summer. Machinery has been ordered and will ·be installed soon, when extensive development is to be engaged in Timbers and lumber for the bunkers are on the way and 'application has been made to the railroad for a loading track. It is pro posed to have the property in condition to supply the British Columbia market early in the summer and the Spokane market soon after. The annual meeting of the stockholders of the Head Lake Gold·Copper Mining company, chiefly residents of Spolmne, was held in Spokane this week and resulted in the election of the following directors: J. A. Sullivan, W. E Allen, A, M. Harris,
L A K E
MIN I N G
REV lEW,
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George Geisler and George Potter. Offi cers chosen are: George Geisler, presi dent; A. M. Harris, vice-president, and W. E. Allen, secretary-treasurer. The action of chief importance was the acquisition of the Comstock and Key Fraction group, which adds eight claims to those already held by the company, making a total of 22, or about 500 acres of land. The holdings of the Head Lake company are situated in the New· port Mining district, near Metaline. On the properties ·purchased a large body or silver and lead bearing ore is reported to have been opened. The company expects to commence shipments during the next ninety days. Plans are being formulated for the con solidation of the North Washington Power and Reduction company and the Republic l\:Lines corporation, operating in the Re public camp, and, if the merger is per· fected, several other mmmg companies operating in that district will be absorbed later. The scheme contemplates the opel" ation of the North \Vashington Power and Reduction plant solely as an ore-treating enterprise, and energy to drive the machin· ery in the mines and mill will be secured from other sources. The P,foposal to merge the two corporations was formally presented to the directors of both at It. meeting in Spokane, and Robert A. Koontz, president of the reduction company; A. B. Willard, vice. president of the Republic Mines corporation, and W. 0 Jones, auditor for the latter concern, were selected as a committee to reduce the suggestion to con· crete form for presentation to the stock· holders of the two companies at a meet· ing to be held soon. It is said sufficient capital is assued to adequately finance the consolidated companies and provide ample funds to develop fully the mines under control, besides increasing the capacity of the reduction works to keep pace with the demand for treatment facilities.
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A well on the Schoonmaker tract is the first to be shot on the Salt Creek Held. The resu.lt is an increase in flow from 25 to 1,0()0 barrels a day. A shift of miners was recently put at work on the Utopia, near Centennial, to drive the tunnel which is now in 1,100 feet. It is reported that a new streak of appar ently high grade gold ore was soon en· countered. The Pittsburg·Wyoming Oil & Gas com pany, tbrough A. C. Baily, one of the offi· eel'S, has secured the necessary money to immediately sink a well on Its 1,000 acre tract near Sodergreen lake, and it is ex· pected that a rig will soon be installed. A merger of the Franco·\Vyoming Oil company, the Dutch Maataschappi Petro leum and the Natrona County Pipe Line &
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Ope.. Board. sea of solid ore core samples 'withdrawal was made under the authority Lower Mammoth. 500 at 3c. No.4, Cclumbus Marsh, T. 2 of the withdrawal act as amended on Au Total... Regular, 9,300 share. for $3,302.50. E., Nevada.
gust 24, 1912. This amendment makes it Open, 3.600 shares for $140. Total, 12,900 shares for $3,442.50. B. Hicks, analyst.) effective as against all forms of entry un· lTnU.. t.,,1 Stock... SoluPotash (percentage in der the mining laws of the United States ! Bid, ! A~ total soluble salts). ble. except those that ,apply to metall!ferous Ohio- Ken~fucky--~----~::T$~-: 2o-ff- . K. As K,O. As KCL minerals. The wtthdrawal will enable ,the A;lta Con.solidate~ ···,·····1 .30 I' 3.18 government to proceed in due .course to New Yermgton Copper .... 1 .07
2.01 17.20 1.67 Columbus Extenslon ....... 1 .03 1
4.85 make fu.rther examinations of the promis 3.07 9.07 2.55 ~homp.son -Quincy ., ....... i .34 I
\i lrglnla LoUIse ..... , .. '-I .10!
4.73 ing deposits and to determine if possible Home Run ,................ : 2.99 8.88 2.48 .05!
Central Standard .... , .... i .08 1
5.62 whether they are of large prosp.ective value 3.55 10.15 2.95 Rico Wellington ......... , i .30!
1.93 to the 'agricultural interests of '!ihe United Not analyzed. Yerington Malichite ....... 1 .10 1
Utah Mine ............... ·1 ...... 31.72 States. 5.17 15.64 20.05 Dragon Con. . .............. I .24
39.83 South Hecla ..... ' ........ i 25.18 ----0>---- 6.30 20.90 . -""-- .10
THE SAI.T I,AKE STOCK EXCHANGE. NE\V YORK I.JSTED STOCKS. 26.09 13.69 16.49 6.17 I Sales. i H. 1 L. I 32.64 6.22 17.12 20.63 ~ Quota tions On the local exchange, "rues~ Chino -·.....:-:-:·::-:-~-:-:-:-13;2ijoI391413iH" i .pears from this record ·that the day morning, !\farch 25: Goldfield Con. . . . . . . -I 3,4001 3 1 2:%, I."'t.... Sf oek... Nevada Con. .. ..... 1 7001 17 % I 17 'Is, con,tent of a 20-foot section of the ===== Ray Con . . . . . . . . . . . . 1 1,3001 18%1 18¥"1 Bid. 1 Asked. tained between the depths of elgh· Tennessee copper"'1 2001 34%1 :;4¥,,1 Beck Tunnel .... " . . . . . . . 1$ .07 1$ .09¥" Miami Copper ...... 7001 23 %! 23 1 ,d thirty-eiglJ,t feet consists of 20.59 Bmgham Amalgamated 1 . 0 4 ! . 06
Utah Copper .. ··.···1 2,OOO! 52 % 1 51 % 1
Black Jack . . . . . . . . . ::: .11 I .13
InSpiratIOn ......... , 6001 16%! 16'4,' ,t potash in the wruter-sQ'Iuble portion Carisa .... ..... ... ....... ' . 1 0 Ontario Siiver ..... ·1·, .. ·· .1,·· .. 1· .... 1 sample. These samples averaged Cedar-Talisman ........... .01'4 i ,01 %
NEW YORK ~IETAL lIARKET. Colorado Mining .,........ .15 .16
,r cent wa.ter-soluble sa1ts in the dried Columbus Consolidated .... 1 .06 .35
New York, March 25.-Copper dull .1.07
n
Tin, firm; spot,
[email protected]; May, muds therefore contain nearly 6 per Daly . . . . . . . . . . . . . . . . . . . ! 1.00 1.50
@46.50. , .... , ......... 1 6.25 1 7.25
of solu):}le salts. {If which essentially Daly-Judge Lead, steady. Dragon .. : ................ ! .16 1 .30
Spelter, quiet. .01
lird (32.57 per cent) is potash if the Eastern Pnnce , ....... , .. , 1. . . . . . . . 1 Antimony, dull. East Crown Point ..... ,.. .00 % 1 .0]
Iron, quiet. ,s figured as the chl{lride. It should be EaRt Tintlc Consoiidated ... 1. . . . , . . . 1 .00'6
Copper-London. quiet; spot, £64 10, Tintic. Development. .. , .OO¥"I .O~
lasized, however, that all these mu{l. ,East tures, £64 17s 6d. Emerald .. . ...... · .. .02 1 .10
London tin, firm: spot, £212; futures Gold Chain ......... ...... .36 % 1 . ~S
pies were brougnt up through saline 55. Grand Central . .. .. .. .76 1 .78
London lead. £16 Zs 6d. ~r also derived fr'om corresponding Indian Queen ............. 1..... ··.1 .02
London spelter. £24 lOs. Iron Blossom ............. 1 1.47%1 1.50
,ta, through the rotated casing used in Iron King ................ 1........ 1 .10
Iron-Cleveland warrants. 64s lOlA London. .10
ling the weH, the 'mud ooving been later Joe Bowe>:s ............... ! .OO¥"I ---0--- 'KIng WIllIam .. , .. , ...... : .06 , .07
THE J,OCAt, ME'rAJ. lHAIlKB'I'. .d in the open air. It is but natural Lead King ...... , ......... \ ........ 1 .05
Tintic ................ .01 1 .02¥"
oonclude that the saline waters with Lehi :linr(-ll 11. Lion Hill.................. .01 I.. ,.·· ..
Silver. 58% cents; lead. $.t. 35; ('onD .04 ch these muds w:ere associated may yield Lower Mammoth., .. , ..... ! .03, thode, $14.67 ¥,,; zinc i St. Louis). $6,25. Musgrove ............. , ... 1 .04 I.
llnreh 12. b.igh or higher peoroentages of the very Mammoth ................. 1. . . . . . . . 1 1.00
Si:ver. 57% cents; lead. $4.35: copr Masonic Mountain .... , .... 1. ,I tble :potash salts. thode, $14.67\4; zinc (St. Louis), $6.25 Mason Valley .............. 1 6.75 1 9.00
l'lnrcb 13. r,he material at the botto'ID of the well May Day ........... , ...... 1 .13 1 .13 I'::
Silver. 57% cents; lead. $4.35; cop .03
Mineral Flat .............. ! .01 '41 thode, $14 .67%; zinc (St. Louis). $6.2f Ilear the maximum in potash content, Mountain Lake .. , ......... 1 .02 1 .05
Marell 14. .37
................... 1•...••.• 1 of oourse it is not known how much Moscow Silver. ,6% cents; lead, $4,35; cor Nevada Hills ...... , ... , .. 1 1. 12 ¥" 1 1. 30
...1 ,03 I . 03 ~~ thode, $14,67'; zino (St. Louis). $6,2 per this zone continues. This alll10unt New york....... "lI"rf~b 15~ .70
Ohio Copper .... ,.. . ,I .69 1 8th"er, 57% cents; lead. $4.35: ('0 potassium in natural saline deposits of Opohongo ··.· ... ··· ... ,.,·1 ,06 '6 ,06 1 thode, $14.67 %; zinc (St. l.ouis), $6. Pioche DemiJohn .... , ..... : .011,;'1 .01 % siderable mass {If the desert·basin 1'Ittr('b J 7. Pioche Metals ...... , ...... 1 .00'41 .02 Silver, 57 'h cen ts; lead. $4. 35 ~ (.( .50 1 1. 25
a is believed to be unprecedented. It Pittsburg-Idaho .......... :1 thode, $14.72¥,,; zinc (St. Louis), $6 .07
Plutus .................... .05 I ;ainly indicates the tendency to segre !Hnr(-I. lR. .65
Prince Consolidated ....... .64 1 Sqver, 56'% cents: lead, $4.35; (', Rexall ...... "., .... ,.... .00')'.1 .02 ion of potash in such natural saUne de thode. $14.72¥,,; zinc (St. Louis). $' Rochester Crown Point.... .10 1 .16
liar..." In. .03 ¥" I .04'4
its, the pri'me faetor on which much of Seven Troughs .,.,....... Silver, 56% cents; lead. $4.~5: , King Coa'ition .... 3.20 1 :1. 30
exp.erimentaJ. w~rk of the ,geological Silver thode, $14. n %: zinc (St. Louis). $( ~ilver King Consolidated... .75! 1. ill) llnr~ll 20. .30
Southern Pacific .......... .01 '61 vey in search for potash in the de.sert SilVE'T. 56% ('ent5~ lead. $4.35; .03
Silver Shield.............. .. ... 1 thode. $14.72',~; zinc (St. Louis), $ .fl5
in regi{ln has been based. As to the Sioux Consolidated ....... , .04 J Mart·.. 21. ~outh Iron Blossom ...... , . , . , , .! .00lA Je of such a d€ p osit further inform:ttion Swansea Silver. 56 % ct?nts; iead. $4.35; Consol idated .01 I .01 I< thode. $14.72%: zinc (St. Louis), ' Rwanse::t Extension .! _ .. " .1 .10
st be had. Mar,'l. 22. .01 Tintie Central, .... ,. 1 00%1 81;\'(· ... 56¥. cents; lead. $4.3;:;; Saline muds whi.ch oontain only five or 'Tintic Humboldt ".. .01 . .' .. , ..... 1 thode, $14.72%: zin" (St. l..ouis). 'Tintic ., .... ,..... .001",! .00 %. per .cent of total solu):}le material may lTnitc'd Mnr~'ll 24. UnclE' Sam ...... ,. .08',4' .10
Silver. 56 % cents: lead. $4.35 ,01 % Utah Consolidated .. , .. "., .01 '41 be ,commercially workable even though Union Chief ............... .04 % I .05 1/ 4 thode. $14 .65: zinc (St. Louis), l"u~1t 25. mty-six to forty p.er cent of that total United Merger ............ . .... ,.1 .03
Silver. 56% ~ents: lead. H.ar: Consolidated .04 ! .04,/. Ible portion is potassium chlorid€ . This Victor thode, $14.Jlli.; zinc (St, Louis). .60
Victoria Consolidated .56 1 ,Vilhert ...... ,..... .06 i .09 1 problem which doubtless deserves fur· PATENTS RECENTLY H .] 6
Yankee Consolidated ...... 1" I rand carefuI investigation and wltic.h, Yerington Conper ... ,..... .04 I .10
Gold Circle Crown .... .1. ! .021':: en the actual possibllitl.es of the depos Iron Ha t ............ , ..... I.. , .02lh 1,034,259--Amalgamator-T. W themselves have bwn thoroughly tested. North Clift ............... 1........ ! .02
Leo
1,030,271-Feed and distrlbuti Salf'l!I_ Gold Chain, 100 at 35¥"c 100 ilt 36~; 300
,erp-rise 'for solution.
separators-A. J. nt !{7c. hannesburg, Trans' On January 16, 1913, the presideTht wlth
Iron B'ossnm. 200 at $1.47¥,,; 100 at ~1.r,0. huyt:'l' sixty days. 1,030.490-ApparatuB for th' '-~m location and entry all the lands May Day, 5,000 nt 1 ~~. Pioche Demijohn. 2,000 at 1 1,-20. - ~" ....nosed likely precious metals Prince Consolidated. 1,100 at 65c. Hollywood, Calif. .... -.- King Coalition, 400 at $3.20.
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TH:E
SALT,'t..AKE
MIf,i'IRG' R~VrEW,
RAILROAD TIME TABLES
DENVER & RIO GRANDE TIHE TABLE.·
OREGON SHOR'l' LINE TUIE CARD.
(El'fecUve May 19, 1912.)
EFFECTIVE FEBRUARY 9, 1913.
Depart D ..lly. Provo, Manti, Marysvale., ....... 8:00 A.M. Midvale and Bingham ••......... ·7:45· A.M. Denver, Chicago and East· ......... 8 :35 A.M. Park City .............. , .......... 8:20 A.M. Ogden and Intermediate Points .•• 10:35 A.M. Ogden, San Francisco, Portland .. 12:40 ·P.M.. Ogden, San Francisco, Portland ., 2.:45 P.M. Midvale and Bingham .•.•. , •....• 2:45 P.M. Denver, Chicago and East ........• 5:20 P.M. Provo, Springville, Tintic ...•...• 4:50 P.M. Denver, >ChIcago and East •.....•• 7:00 P.M. Ogden, Portland and Seattle .•••.. 11:10 P.M. Arrive Dally. Ogden, San Francisco, Los Angeles 8:15 P.M. '1'intic, Springville, Provo ........ 10:20 A.M.. Bingham and Midvale .........•.. 10:30 A,M. Denver, Chicago and East .•...... 12:25 P.M. Ogden and Intermediate Points ..• 2:10 P.M. Denver, ChIcago and East ........ 2 :35 P.M. Ogden, San Francisco and West .. 4 :55 P.M. Park City and Intermediate POints 5:00 P.M. Bingham and Midvale ...... ,., ... 5:30 P.::\L Provo; Manti, Marysvale ......... 6 :30 P.M. Ogden, San Francisco, Portland .. 6 :50 P.M. Denver, Chicago and East .•.....• 10:£5' P.M. Phone, Wa....tch, 2526. Ticket ollie... 301 Haln Street.
Depart. Dally, Arrive. 7:10 A.M... Ogden, Omaha, Chica go, St. Louis, Logan, Preston, Park CIty, Ely, San Francisco .... 9:25 A.M. 8 :00 A.M... Ogden, Malad, Poca tello,' BOise, Twin F a II s, Montpelier, Paris, Ashton ........ 10:00 P.M. 10:00 A.M. .. Ogden and Interm~d.ate Points ....... . Llmited 11 :40 A.M... Overland Omaha, Ogden, Chica go, Denver, St. Louis, Kansas City .......... 3:15 P.M. 11.59 A.M ... Los Angeles I,imited -Ogden, Omaha, Chi
1 :05 2 :45 ·4 :00
.5:30 6:00
11 :45
cago, Denver, St. Louis, Kansas City ... ·j:45 P.M... Overland LlmitedOgden. Sacramento, San Francisco ........ 2 :05 P.M. •. Ogden, Boise, Port land, Butte, Pocatel;o, Seattle ............ , .. 4 :50 P.M... Ogden, Brigham, Cache Valley, Malad and Intermediate .... ,11 :35 P.M... Ogden, Denver, Oma ha, Chicago,. St. Louis, Kansas City .... P.M... Motor Flyer-Ogden and Intermediate .. ,' 8:00 P.M... Ogden, Boise, Port land, Butte, Seattle ... ,10:35 Ogden, Park City, Green River and In termediate Points' .... 12 :40 Ogden, Malad, Logan, Preston, San Francis
P.M. P.M. P.M. A.:,I.
A.M. A,;\1. P.M.
co, Sacramento, Reno.
Ely, and Intermediate Points ................ 6:S0 P,l\I.
TIME CARD.
Statement of the ownership and manage ment of the Salt Lake :Y[ining Review, pub . Hshed twice each month at Salt Lake City, Utah, required by act of August 21th, 1912: Editor, 'Will C. Higgins; Associate Editor, L. O. Howard; Business Mallager, A. B. Gree son. Post Offiee address of each, 1601 Walker B8.nk Bldg. Publishers, Higgins & Greeson. Owners, Higgins & Greeson, co-partnersll1p. A, B. GREESON. Sworn to and subscribed before me this 11 th day of March, 1913. J. Fletcher, JR. Notary Public. My commission expires Dec. 16th, 1914.
CUy Ticket Oft'lee, Hotel Utah. Tel. Ex. 1:'1.
LIST OF
Commercial ,Banking may .he done here
by Mail There are many advantages in an account here.
Walker Brothers
Bankers
SALT LAKE CITY Founded 1859. Resource. over $4,600,0(0'('0
If you want to reach the men who mil mines and equip them, advertise in Til Mining Review.
DIVIDEND-PAVING STOCKS. Dividends on Stock Issued
No. of Shares
NAME OF COMPANY
Par
Value
i
Union Station, Salt Lake City, Utah.
DEPART. No. '1-Los Angeles Limited, to Los Angeles •.•...•...•. , 5:00 P.M. No. I-The Overiand, to Los An geles •.•..•.. , ..•....... ,11 :50 P.M. No. 51-Miner's Local, to Tooele and Eureka . • . ....•........ 7 :30 A.M. No.53-Garfield Local, to Garfield and Smelter ...••....... 6 :50 A.M. No.55-Tooele Special, to Garfield and Smelter, and '1'008Ie .. 2:40 P.M. No. 57---Garfield Owl, to Garfield and . . Smelter ..• , ..••......... 11 :00 P.M. No. 61-Lynndyl Special. to Lehi, American Fork, Provo, Payson, Nephi, Lynndyl.. 4:50 P.M. No. 63-ValleyMa!l, to Provo, Ne phi, San Pete Valley and Mercur . . . . . . . . . . . . . . . . . 8:00 A.M. ARRIVE. No.8-Los Angeles Limited, from Los Angeles ............ 11 :40 A.M. No.2-The Overland, from Los An geles . . . . . . . . . . . . . . . . . . . 6:30A.M. No. 52-Miner's Local, from Eureka, Silver City, Stockton, Tooele . . . . . . . . . . . . . . . . . • 4 :50 P.M. No. 54---Garfield Local, from Gar field, Smelter ..•......... 8:50A.M. No.5.6---Garfield Local, from Smelt er, Garfield ............. 6 :00 P.M. No. 58-Garfield Owl, from Garfield, Smelter, Riter .......... 12:55 A.::\L No. 62-L4ynndyl Special, from Lynndyl, Nephi, Provo and Intermediate Points ..... 10:05 A,M, No.64-Valley Mail, from Nephi, Provo, Mercur .......... 6:05 P.M, Bingham & Garfield R. R. Co. DEPAHT. NO.I09--Salt Lake, to Bingham '1:45 A.M. No.111-Salt Lake, to l3ingham 3:15 P.M:. ARRIVE. No IIO-Bingham to Salt Lake ..•. 10:40 A.M:. No ll2-Blngham to Salt Lake .... 6:10 P.M.
Write tor
Information.
SAN PEDRO, I.OS ANGELES & SALT LAKE RAILROAD COMPANY.
(Effective July 28, 1912.)
37
30,'19t3.
M'ARCH
500,000 Annie Laurie ........ , .... . Beck Tunnel Con...... , ... . 1,000,000 Bingham & New Haven. , .. . 400,000 250,000
Boston-Sunshine ....... '" . BuLionB. &Champion .... , 1,000,000 Carisa ........•........... 600,000
Centennial-Eureka ..... , .. 100,000
Century ...... ,.' ......... . 150.000 Chief Consolidated ........ . 1,000,000 Colorado, , , .... , ......... . 1,000,000 300,000
Columbus Con.......... , .. . Cons. Mereur ............. . 1.000,000 Clift' Mining Co...... , ..... . 300,000
Dalton & Lark ............ . 2,500.000 Daly Judge .. , , . , ......... . 300,000
Daly ................. " .. . 150,000 Daly ,Vest. ............... . 180.000 Eagle & Blue Bell ........ 1,000.000 Gemini Keystone ....... ,., 5,000 Gold Chain ............. , .. , 1,000.000 Grand Centred .. '" , , ..... . 600.000 Horn Silver ............... . 400,000 Iron Blossom ...... , ... . 1,000.000 Little Bell ............. . 300,000 250,000 Lower l\1arrlmoth .. . Mammoth .. , .......... , . 400,000
May Day .. , .......... " .. . 800,000
:"IIoscow M. & iYf. Co........ . 1,000.000 1\1ountain 'Vie'w , ... , ... , .. . 150,000
Ne'vhoHse ................ .
600,000
Northern L;gl1t .. , ...... " ,
400.000 Ontario . . . . . . . . . . . . . . . . . ,
150,000
Opohongo ........ ,
1,000,000 Petro .. , " . , ..
800,000
Quincy. " . , .............. .
150.000 Sacralnento ......... ,
1,000:000 Salvator, ............ ,. , ..
200,000 Silver King Coalition ..
1.2EiO.OOO Silver Shie·ld. , ........ , ... .
300,000 Sioux Cons .. " . . . . . . . . . . . .
750.000 South Swansea ...... , .... .
300,000 Swansea ................ , .. JOO,OOO
Tetro ................... ,' .
300.000 Uncle Sam Cons........ , .. .
750,000
Utah Copper ....... .
2,500.000 Utah ... " .............. .
100.000 Utah Con. . . . . . . . . " ..
700,000
Victoria .................. . 1.000,000 Yankee ConA., .... , ........ ' 1,1)00.000
'I
$25.00 .10 5,00 1.00 10.00 1.00 25.00 1. 00 1. 00 .20 5.00 5.00 1.00 1.00 1.00 20.00 20.00 1.00 100.00 1.00 25.00
.10 1.00
1. 00
.25 .25 1. 00 1. 00 10,00 5.00 100.00
.25
1. 00 .50 5.00 1.00 5.00 1.00 1. 00 1. 00
5.00
Paid In
1913
'I·......... ........
,
....... .
87,000
30,000
1.(1)
439,561 675,000 480,219 27,261 2,768,400 60,000 3,600,000 39,000 87,000 2.600,000 212,623 3,420,312 90,000 350,000
45,000
541),000
2,925,000 6,6013.000 88,914 88,914 2,060,000 30,000 100.000 1,452,750 5,662,000 100,000 1,470,000 60,000 65,073 2,280,000 24,000 132,00U 16,352 32,704 12,554 600,000 20,000 14,962,500 74,916 7,930 65,000 1,100,000 308.000 6,500 187.500 ! 1 O"i,? "'85 v, -;f:500 872.630 :1. 470,000 . .. . 334,500 1....... , .1 18,000
., '£7',000'
:::::::: :i
C')
... I::::::::
1.00 1.00 10.00 ;1.182,412 10.00 5.00 1. 00
Date of Paym"'lt
Total to Date
. 4 ??o~o
1 g.2~".1 ,,4 281,860 7,500,000 207.500 192.501)
An:,;1;
April, '05 Oct. 20, '07 July 1~, '12
Nov. 2, '11 July 11, '08
Dec. '06
Oct. 16,'12 Feb. 15, '07 Feb. 3, '13 Dec. 20. '12
Oct. 15, '07 July 10, '12
Jan. 13, '1:) July, '01
April I, '13
::\lch., '97
Jan. 15, '13 Apr. I, '13 Nov 1 '12 Feb: 25, 13 i Oct. 25, 12
Sept. 30. '07 iJan, 25, '13
, Sept. 22, '10
Dec. 29. '09
Oet. J 0. '1 ~
Feb. J 0, '13 Feb. 15, '13
Aug..
1
'{}!}
Nov. ~O, '07 Feb., '04
. nee..
'02 . Jan, 30, '13
Aug,! '06
NIch.. '02 Dcc., 'O~ Aug.. '04 j Apr11 1;;. '1:-: FeD.. '01 i July 25, '11 Apr" '04
Mch., '07
Dec, '04
Sept. 20, '11
I
::11111'. :0, '1;1
Dec. 21. '10
Dec. 12. 'J 2 I ]\f('h. 25. '10 Feh, 1. '1:1
THE
38
SAL T
L A K E
MIN .I N G
REV ,I E W,
MAR C H
3 0,
1 9 1 3.
Your Opportunity-Act Today
Have You Compared the Corporation vs. the Individual? Corporate effort has displaced the work of the individual in the creation of large fortunes, great enterprises are now often built in a day through combination.
New Ideas-Money Making Ideas
are determining factors in the success of these combinations of capital, intelligence and energy. An idea built upon sound economic trade lines has in it the germ of great possibilities, the people who associate themselves with these potent economic forces, assisting in their upbnilding, reap immense profits.
WE HAVE SUCH AN IDEA
Weare about to enter into the business manufacturing and distribution of the Montgomery "Open Eye Brand" Shoes. The President-Treasurer and General Manager of this corporation is acknowledged throughout the trade as one of the best shoe experts in the business. He has devised a new selling plan, based on logical lines, that has successfully demonstrated its value, by which the middleman's profits are eliminated. It is unnecessary to state the enormous possibilities that exist in the working out of this idea. WE WANT PEOPLE with a large outlook-people who are big enough to recognize the inherent possibilities existant in our enterprise, who want to tie up to what is sure to be one of the big succe..ses of the generation. We are not looking for people who want something for nothing and whose only claim to selling ability is their success in obtaining cJ
TREASURY 'STOCK OFFERING A small allotment of the Treasury Stoek of thl .. Corporation can noW be bought either for ca"h or on the In"tallment plan at par ten (lI10) dollar!! per share, the present selling price. Brokers, financial agents, bankers, trust companies and others who are rell nble and responsible will be allowed five (5%) per cent commission on any amount of this stock which they sell, until the allotment is sold. We want people who have ambition, brain", courage, determina tion, energy, endurance and pride to co-operate with us in estab lishing a large co-operative shoe business in the Oity of Saint Louis, Missouri, the Inost logical shoe center In the United Statcs of America.
THE MONTGOMERY SHOE COMPANY OF AMERICA Incorporated under the laws of the State of South Dakota, Noyember 30, 1909, the progressive State whose motto is: "Under God tbe Peop!c Rule."
AUTHORIZED CAPITALIZATION 100,000 Shares, Non-Cumulative Common Stock, Par Value Ten ($10) Dollars Each. FULL PAID AND ,FOREVER NON-ASSESSABLE one
stock carries voting power; each share issued entitled to in the annual election of a Board of Directors.
STOCK ISSUED AND OUTSTANDING As per Annual Report of December 5, 1911 For Cash, Trade-Mark. Good Will, Promotion, Secret Process of Making Shoes. etc...... 60.639 Shares Stock in Treasury ... , ... ,., .. , .............. 39.361 Shares Stock Authorized for Sale, this allotment .... 20,000 Shares Stock to be Reserved in the Treasury for fu ture Requirements .............. , ...... 19.361 Shares This stock shonltl yield at lea..t eIght per cent In dividend" rrght along. Thl" corporation has nO bonded or other Indebted ness. Our Installment pIon follow",
$10 20 30 40 50 60 70 80 90 100
cash cash cash cash cash cash cash cash cash cash
and $1 per week for 90 weeks will buy 10 and 2 per week for 90 weeks wi'! buy 20 and 3 per week for 90 weeks will buy 30 and 4 per week for 90 weeks will buy 40 and 5 per week for 90 weeks will buy 50 and 6 per week for 90 weeks will buy 60 and 7 per weel< for 90 weeks will buy 70 and 8 per week for 90 weeks will buy 80 and 9 per week for 90 weeks will buy 90 and 10 per week for 90 weeks will buy 100
shares shares shares shares shares shares shares shares shares shares
GUARANTEED STOCK After a man has investigated the chances of success of a given enterprise, what are the first questions he generally asks? He wants to know if the stock is full paid and non-a....essable; he wants to know if he stands any chance of losing more than he in vests. Guaranteed stoek offers him the still more desirable propo ,sition that he cannot lo..e a dollar of what he doe.. Invest, Couhl uny feature be given a stock proposition _hlch would add mor" to the r"liabllity and deslrabllty of the stoekt This Treasury Stock Is full paid and forever non-assessable.
HISTORY OF GUARANTEEING AND INSURING STOCKS AND BONDS Guaranteeing the stocks and bonds of eorporntions is not new, 'l'he system was adopted in Europ" centuries ago by successful financiers and laid the foundations of fortune. . The legitimate method of insuring stocks and maturing bonds IS to guarantee them ugalnst 10"" to the eJ
All Remittances Should Be Made Payable to the
MONTGOMERY SHOE CO. of America, Inc.
Makers of "OPEN EYE BRAND" ,SHOES 2635 LOCUST STREET
(DEPT. E)
SAINT LOUIS, MISSOURI