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Show STEWART SHAKES ARE MANIPULATED, DECLARE OFFICIALS In view of the fact that a dividend has Just been declared on the Stewart Mining company shares, local shareholders sharehold-ers ars at s lose to account for the recent slump la this Issue. The mine Is la excellent ex-cellent condition snd there appears to be no good rsssnn why s better market Should not prevail. Officials of ths company Itself regard It aa due to some stock market manipulation manipula-tion In the east, snd any It cannot be ascribed to any phystrsl condition st the property. The treasury of ths oompaay and Its flnancee In all particulars sra In fine shape This wss shown by ths declaration of s dividend of 10 cents a share on 1. Ml. 000 shares of atock. Just made, and which. It Is said. Is likely to be followed by another dividend before long. General Manager Bsoon snd W. E. Cullon ware In Butts for two dsys, cays the Miner, attending the meeting of directors di-rectors at which ths dividend waa declared. de-clared. Mr. Cullon Is s lawyer living In Spokane and It chief counsel for the Stewart. Mr. Bacon spends the greater part of hie time at the mine, near Kellogg, Kel-logg, in the Coeur sTAlene dletrlct. or In Wallace, where the ore Is treated at the old Mammoth mill. The contract for the treatment of Its ore st ths Mammoth eras made with the Federal Mining and Smelt -Ing company a little more then s year ago. and was for ths period of five yeara. The arrangement hss worked out satisfactorily satis-factorily and Is the most economical mill arrangement ths Stewart could have made. Disbursement June 15. "The dlebursement of the dividend declared de-clared will be made on June U." sal! Mr. Bacon. "The books will be closed on June I and It will be neceeeary for all who want to record transfers of stock to do so before the fifth. Stewart sharea hsvs held up strong and been on the up grade for two years, end since then there le nothing new that could possibly warrant war-rant a depreciation. We can attribute the fall In price to nothing else than manipulation for an unknown reason. "I nave been watching the development st ths mlna very closely and am highly pleased with the showing. The ore le growing richer In sliver ss depth le obtained. ob-tained. Where the ratio of - the white metal to lead was formerly seven-eighths to one. It Is now one and one-elghthe to one and Increaolng perceptibly. The outlook out-look for the future - Is brighter than It haa been at any time In the past, snd Is certainly encouraging Stewart's Litigation In the district court of the first Judicial Ju-dicial district of Idaho at Wallace ths suit of the Stewart Mining company agalnat ths Ontario Mining company wae tried In March of thla year. No csee has attracted more wldesprsad attention since mining lltlgetlon became s feature of the court proceeding. In the northwest. Title to s vast and rich ore body, conservatively conservative-ly estimated to be worth more than 91.-sMO.ooo. 91.-sMO.ooo. eras st staks snd ths litigants were at an expense of many tnoueands of dollar, for expert couneel and mil-neeeea, mil-neeeea, ths lattsr coming from all parts of the United States Tyson Dlnee. the celebrated mining lawyer of Denver, was chief couneel for the Stewart. The Jury found for the defendant, the Ontario company, snd appeal waa st once tsken. Mr. Bacon has been Informed that the case haa been brought before the court of eppeala of the United States, and the compeny'a attorneys have been sdvlaed that It will be heard In October or November No-vember of thle year. The news le gratifying, grati-fying, since ueually a much longer tlmi le required before the high court can be reached The decision will have a marked effect upon the.lnduetry In the Coeur d'Alenee. Swansea Consolidated 001 .011 Tlntlc Central oof .01 Tlntlc Humboldt 01 United Tlntlc 00) Uncle Bam 05 eg UUh Consolldsted 011 Union Chief 01 .01 Victor Consolidates 04 .041 Victoria Consolldsted ... . .1 .4 Wllbert w T. 10 .11 Vsnkee Consolldsted 10 .11 AFTEENOON SALES 1-ower Mammoth 5000 at 4c. buyer sixty daye; 5000 at 41c, buyer elxty dsys. May Dev. 200e st Tie. Silver King Coalition 100 et 13 21 United Tlntlc. 1000 at e. Union Chief. SAO st tie Tenkee Coneolldsted. 20 st 10c. CUM TBAODtO. On the curb this morning Alts Consolidated Con-solidated eeld 1000 sharea st It cents and Rico Wellington eold 1000 shsres st lot cents Closing quotstions on ths an-lleted an-lleted stocks were se follows: I Bid. : Asked" South Heels ! .10 fj It" MrDonsId Elv I .14 Jj Centrel gtendsrd I .01 I 0t Alts Consolldsted .It ! .It Ohio Kentucky .11 ! 25 Federal Ely I "lj 03 Rico Wellington .10 11 Rico Argentine 1 14 Tbompeon-Qulncy 1 .18 .10 BOSTON OOPPBB BANOE. Jsmee A. Pollock sV Co.. bankers and broker, lit South Meln street, furnish ths following, received over their private wire this sfternoon: 'Selee. I High I lyiw Close Algomeh 77. ' I j . . , 1 40 B and 8 .... l.7l Ml M Ml C end A .... MM ti 411 121 Chief Oon....1 ...... II Cos Rng I Its' 4t 4 ' 4l( Daly Tveet .. 2 Davis Dsly .. 1.SS0 2 2 E Butte I 225' 101 1041 101 Glroux Con.) fliil 11-11 1 1 11-14 Granny Con.. Ml til SJ 171 r, Cananea . . Ill ( Hancock .. .. 211 111 Hi 111 Ind Cop 71 Inspm Con ..I , ! Ill Lake Cop ... ISO M Si ! La Rose ...(.. so 2i .'' 2( Meson Val... MS I it M Nev Com ... 10 II II 11 N'llsslng .... 10011 11. M la No Butte .... 1.170 21 tftl Ml No Lake l Rev Con .... Isftl II II II 8 and B .... 210) 2 34 Trinity 20; I I I I'll com... ISO' 111 IT 17 USSpfd.... MO! Mil 441 Ml Utah Con .... 1W! Pond Cr .... 100: 1T 17 1T Mich Utah 10 Zlrv I 1.2MI tl 20 Q4 NEW YORK CURB BANOE. Jamas A Pollock 4k Co.. bankers sad brokers lit South Main street, furnish the following, received over their private wire this afternoon: " ISsles I High Low ' Cloee First Ml Cop; To1 if lii II Glroux Con.. 20 1 11-JI 1 11-14 1 11-11 Yukon Oold. .1 21 Ohio Cop 11-11 N Keystone I South Utah Mason Val ... 10 51 51 I Braden Cop l.00 l l sj Ely Oon ! 1.00 7 17 La Rose ....! MS Z S-11 2 2 5-11 Nev Hills ..' 2.000 M 17 M Kerr Lake .. 1.000 II I 1-M 1-11 Belmont .... M0 s 5-14 II 11-11 Tor.opsli 1 S 5 4 11-11 I Ala-ka Gold I I 10 |