I FINANCE AND MINING Silver On the UpGrade With Lead Stationary THE ORE FRAUDS AT EL PAS BIg Ore and Bullion OutputTrade at Horn and AbroadThe Money of the WorldThe Jllnea There is but little change in the business status since the report made a week ago in thdse columns It may be briefly summarized summar-ized Trade generally is fair country collections are much better than they have been in the past with prospects of an improvement im-provement owing to the fact that wool I growers are beginning to receive returns from their late clip crops never looked bettor at any time in the history of the territory ter-ritory and thero is every indication of a bountiful harvest The Frauds at EI Paso The exposure of the big frauds at El Paso Texas whereby the government has been robbed of a million dollars more or less and the price of Utah lead reduced at least onehalf cent per pound was a theme of comment in business circles yesterday The good work done by the Utah Ore Producers Pro-ducers association was eulogized on all hands The association has proven that it is not held together for moral effect only The llarysvale Region Nothing but the most favorable news comes from the great mining region in and around Marysvale and in fact from the entire southern section where mineral abounds Those who looked with suspicion upon the rich finds on Brighams peak are rapidly coining to the belief that their wisdom wis-dom was not so profound as they imagined The section referred to is perhaps the richest in the great west and will become prominent in the mining history of the world in half the time taken to establish the reputation of other camps The Realty Market There Is nothing new to be said in a review re-view of this branch of business A number num-ber of deals continue to be made daily and many of them while of considerable importance im-portance are masked under the consideration considera-tion of 1 so the actual worth of the property i prop-erty transferred is merely a matter for conjecture There are dealers who predict a revival of real estate interests the com lug fall while others say but little increase in movements will be noticeable before I next spring Business Failures Thn business failures occurring throughout through-out the country during the last seven days as reported to R G Dun Co number I for the United States 219 and for Canada 25 or a total of 244 as compared with a a total of 247 last week and 224 the week previous to the last For the corresponding correspond-ing week of last year the figures were 212 representing 195 failures in the United States and 17 in the Dominion of Canada Bradstreets commercial agency reports 303 failures in the Pacific coast states and territories for the first quarter of IbJl with assets of 1079330 and liabilities of 1540495 as compared with 2o5 for the previous quarter The Honey in the Country On May 1 the total amount of money coined issued 3149129093 of which 019813260 was in the treasury and 1559 31CS33 in circulation This is an increase in the year of 33371022 in amount coined or issued a decrease of 2952033 in the treasury and an increase of fJlS23030 in circulation Up to May 1 41731200 silver bullion treasury notes had been issued of which 4719946 were in the treasury and 3S00 2M in circulation The cold in the treasury May 1 was 220773024 a decrease of B32S39159 for the year and of 11970179 for the month of ApriL The amount of national na-tional bank notes outstanding decreased 57G3G31 and the treasury holdings decreased H924b03 Wall Street Journal The Leasine of Mines Utah miners are beginning to favor the leasing of their mines to men having means to develop them This is the best policy fora poor man to pursue in any place but he must have the lease drawn up in such a manner that he will have the privilege of enterIng and examining the mine at any and all times Otherwise dishonest lessees will either fill the mine up in their greed to get out as much ore as possible during the life of their lease or cover up ore bodies to secure an extension of its term By letting let-ting his mine for a reasonable length of time on a carefully and intelligently drawn lease the poorest man can get his location developed into a valuable property without cost to himself of a dollar waereas by holding a mine merely doing representative t representa-tive work on it from year to year he is actually playing the part of the dog in the manger for no good to himself and must eventually Jose his property or die without realizing a cent of benefit from it A two three or five years lease upon reasonable md equitable terms would insure many a miner in this community an independent income who is now trusting to day wages for his living Ex Lead and Silver Silver has shown a decided upward ten lency during the week It opened a1973ci on Monday rose to 9S > c and yesterday reached L00the highest notch since February 13 last when it was 125 On February 14 it fell to H and has not reached par sinus that time until ycster dajLead Lead has remained stationary at 5433 There are those who believe the recent un arthlnp of the customs frauds at El Paso will have a good effect upon the prices of this metaL At the Banks The ore and bullion shipments made by the various banks of the city for the week ending June 20 1S91 amounted to 205237 as against 1SO25S for the week prevIous They were reported as follows BgJcCornict d va lanaucr bullion j 27653 00 liver and lead ores J3iu3 CO Total I 71080 00 By Well Fargo A Coj Bullion 1 22123 00 Ores ia394 00 Gold bars S151 00 Total 16980300 By T R Jones d Co liver bars 14350 00 cad ojoo 0 I Total 5 47i33o 00 By Union National BarJ AlIce bullion f 168S9 27 Total 8 16839 27 Total shipments for the week 1206257 27 NEWS FROM THE JUNES At the office of Mr Hanauer the week wus reported as a very good one Park City Bingham Stockton Alia Tintic Frisco Dugivay and Fisn Springs were all heard from and thero is a general belief Lhat shipments will bo increased from now on From Tlntlc The BullionBeck The Tintic sampler was running on Bul lionBeck ore last week The Miner reports re-ports a new and rich ore body the Salt Lake office is silent on the subject Diamond Consolidated Louis Bamberger says the shaft is now I down about 130 feet and is timbered al I the way A vein of good orethe assay of which was not made public was struck at a depth of ninetyfive feet The Keystone The Keystone has been closed down for repairs The Governor The strike in the Governor mentioned last week promises to be rich and permanent perma-nent Assays co as high as ninety ounces 3K Per cent lead and 450 gold Cliicf Golden Star This mine has been bonded for 2000 The Accident lke Wool has great faith in his Tintii property and says development work will be pushed as rapidly as possible North Mammoth Small shipments have been made Silver Spar Messrs McIntyre Brown and Rust have < bonded their Silver Spar group in Diamond Hollow southwest of and adjoining the Tyner trroup to Captain Ryan of the Cleveland Cleve-land The bond is for Oooo runs eighteen months and 500 was paid down Chief Kentucky Rose Consolidated The Kentucky December Rose and Silent Friend says the Chief have been consolidated and will soon be Worked under the above title South Swansea A strike was made in the South Swansea this week which is of great importance to the camp and makes Tommy Croxall the owner smile and hug himself with joy rho South Swansea is an extension of the Swansea and lies just north of Silver City While having assessment work done this week a body of ore was struck at a depth of forty eight feet which proved to be identical iden-tical with the Swansea ore showing it to be on the same vein At this writing the extent of the strike is not fully known but it is undoubtedly a big body of ore The cropping assays twenty ounces of silver and thirtyfive per cent iron making it a firstclass fluxing ore The lucky owner will push development work Chtef The Dragon The Dragon iron mines shipped 29305C pounds last month monthThe The Red Rose Encouraging reports come In The Paradise Oneeighth interest has been sold for 300 The Cleveland Shipments are expected in a short time as there is considerable ore on hand The Eagle High grade ore is being shipped The Damficars The recent strike is said to be richer than at first reported The Carisa Twentyfive tons of good copper ore came in Cen ten niol Iueka Big shipments of secondclass oro are being be-ing made The Alaska A smell shipment of Alaska oro went 47 silver and some gold From Cottonwood The Montezuma Twentyfive tons of Montezuma ore went 31 lead and 55 silver The Etnmt One car load of crude ore went 40 lead and 52 silver one car of concentrates showed 51 lead and 63ji silver From Bingham The Brooklyn Three hundred tons came in The Steamboat Thirtyfive tons showed 4 silver end 3 gold 1 The Spanish i Forty tons came in from the Spanish Tho Ashland The Ashland shipped a car load of the usual grade Yosemite No 2 One hundred tons of the usual grade came in The Maj berry Fiftyfive tons went 50 lead and 53 slier sli-er a carload of concentrates went 4s lead and C5 silver The new owners Messrs Hyde Rica and others talus hold on July 1 The Revere Thirty tons of Revere ore went 54 lead and 24 silver The Benton Two carloads went 44 lead and IS silver From Frisco The Horn Silver Four lots aggregating 700 tons came inuring in-uring the week From Park City CityThe The Ontario Tho usual dividend is payable the 80th The Daly The usual dividend has been declared The Anchor Two hundred tons of concentrates came in The Creole A carload of Creole ore went 42 lead and 20 silver From Stockton file Bunker IUIL One carload represented this property The Brooklyn A carload of secondclass ore came from Stocktons Brooklyn From Dugway Tho Buckhorn The last shipment from Gilsons Buck horn assayed 250 silver and 3 gold