Show a I I Mines a and Mining StockS I DEAL I IS Mine hine to Be Thrown Wide Open at Once and Mill Started by April 1 BIG FORCE OF MEN NEEDED PETER HAACKS ASSOCIATES NOT YET DISCLOSED While it will require a few hours and possibly a day or two yet et to clean up the details of the transaction it may be stated with certaInty that Peter Haack and his associates have closed the deal with the Western Exploration com company company pany the P L estate and Frank H Buhl for the contral of the Honerine Mining company compary Not only that but previous to Mr Haacks departure de I for Los Angeles last night ar arrangements arrangements were fully perfected for the starting of the Honerine big milling plant on the first day of April and the inauguration of a campaign of minIng at the property This means that within thirty days the property will be sending to market more than tons of crude ore and concentrates per day as a minimum and that from to per month will be rolling into the com treasury The modest force of men that has been kept on development during the past p st several weeks is to be augmented by more than additional m men n and the camp of Stockton will en enter enter ter upon the period of prosperity and boom for which the residents of the camp amp have been waiting for the past several years Coincident with the re release release lease of this Information the announce announcement announcement ment also came from official sources that the tapping of the Hercules vein in the drain tunnel some lIttle time ago has been followed by disclosures bor bordering bordering dering on the sensational Since the vein was cut it has been drifted upon for feet up to yesterday noon and every foot of the distance has been through eight feet of ore of a shipping grade with nothing to Indi Indicate indicate cate when the limits of the shoot would be reached Deal Involves Over Up to the present It has not been pos possible possible sible to get Mr Haack or anyone any one Ir In possession of the data to give even een ar an Intimation of the amount of money In Involved involved in the tran transaction but the un ing is that Mr lIr Haack and his associates acquire something more than 65 snares of stock in the pending transaction which requires the pay payment payment ment of over to the vendors mentioned With this stock and the themore themore more than shares previously pur purchased purchased chased the Haack syndicate holds a a better than interest it in what is undoubtedly one of the biggest and best mines it in inthis this country It is on one of the best opened best eQuipped and best located mines in the state of Utah It is a mine ready to be worked not a mine and engineers familiar with ti it declared yesterday that it would dem demonstrate demonstrate its right to stand at the head of the t of producers of this region withIn two years If the management whoever it might be saw fit to place ulace it there As s a matter of fact S Superintendent E J r has ha more than once declared during the last Iasi year that it would not worry him a abit a abit bit to send through the tunnel an aver average average age of tons per day should he be called upon to do so Newhouse May Be Involved Who Vho Is associated with Mr Haack in this proposition Is something which has been carefully guarded though It I would not be surprising to hear one of i these fine days that Samuel Newhouse was in the play and that the mine mina 1 would not be operated to capacity until such time as Its ores might find lodgment lodgment ment in the smelter which it is believed he Is sure to build on em the west shore of Utah lake Be Bc it may however it is now certain that the property is not to fall faU into the hands of the American Amer American ican Smelting Refining company and to that extent at least the deal helps just so much in warding off the death of competition in the smelting world of the west That the American Smelting company wanted the Honerine minNs certain that the experts who examined It for forthe forthe the Guggenheims reported unfavorably is also a matter of history and a fact that the chief owners of the property have not tried to deny that the report was justified b by tIle the ph physical condition or lack of condition of the property the they just as clearly knew was untrue for there was not a moments hesitation hesitation tion In throwing the mine open to Mr Haacks engineer and crew when he asked that he be given ghe permission to size up the mine for him himself elf that he might exercise the option the other crowd had surrendered In the evident hope of scaling the price It Is presumed that about the first of the month as just as soon as it is pos possible possible sible to close up finally the details of the purchase there will wiH be a i of the official hoe hoL hold At that time the colored gem gemmen gemmen men in the woodpile may poke his head out HAVE A GOOD THING Ogden Operators Are Opening Big Gold Mine in Stanley Basin Reports from the Stanley Basin coun country try fry Idaho indicate that the Single Gold Standard Mining Milling company an O Ogden den corporation has a good thing G H Jones rones Norton Shade and others are prominently identified with the proposition and the mines are being developed under the direction of the parties named The ground is located seven miles east of the Stanley post postoffice postoffice office and more than feet of devel development t work has been done with re results suIts bordering on the sensational Most of this work has been done through a tunnel but a shaft from the tunnel level is now going down in the ledge which averages over four feet teet wide beIng a true fissure W granite and standing almost vertical The ore Is free milling In character and the values run all the way from 5 or 6 up to nearly per ton Be Between Between tween the present tunnel and the sur surface face it is figured that the mine can produce tons of this character of gold ore The values aU all make in a an oxIdized iron quartz partI partially llY de deom decomposed composed om posed making It an ideal ore to treat It is the purpose of the management to 10 equip the property with a mill this spring and thus make the property pay its own way in the future As soon as the ground has been sufficiently sufficiently opened to permit of the extrac extraction extraction tion of a heavy tonnage the milling facilities fa facilities will be Increased I REPORTED BINGHAM STRIKE Story Concerning Appears Premature re For several months past the Chicago Kremlin and National properties es located near the mouth of the St Joe long tunnel at Bingham have hae been operated ed under bond to P F A Grant of thIs city d The Th e shaft on the property which had previously been sunk to a depth ot of 3 feet has since be been n put down to the level and the force it is reported will wills s soon on be out for the level More than that the main ledge has been opened or on the level and crosscut for over sixty feet every inch in ore Twelve feEt of It the report has lIas it is of a ship shipping shipping ping grade running high In silver and lead while hile th the renu remainder Is of a fine mill milling lug ing qualIty Not only has the ledge been cut as stated but a raise has been made in the ore for a considerable distance to toward toward ward the surface and to those who have seen een the strIke It appears as though the theore theore ore was Voas going right through to the sur surface surface face This is the story as told by Dr R A Hasbrouck of the St S1 Joe Mining company com company pany yesterday and who gave as his au authority authority for the strike Secretary W S Burton From another source ing the afternoon that the strike story is premature The shaft has hac reached the level and a crosscut is now nono being bein run for the ledge but tIle the expectation of Superintendent A L He Heston ton is that lIe he will have hae to run like feet to get It The ledge was cut at the 00 foot level by a former combination and it looked big and strong there It is believed be a mIne will be made on the or levels PAINE PARTY Boston Crowd Will Be in Salt Lake Between Trains Only A party of Boston copper mine opera operators operators tors and brokers will reach this his city on their wa way to Montana from Globe AriZ at the end of the month In the party are arc some of th the directors of the Arizona Com CommercIal Commercial mercIal company the control of which is reported as havIng passed rote the hands of Thomas F Cole and the Calumet Arizona crowd during the last few hours The party whIch includes William A Paine Charles H Paine N L Amster R It T McKeever A B Clough and N B of Ha Hayden den Stone Co George H FlIndt of S D Loring Co and Dr Elbridge Shorey of Dover N R H Ris HIs is scheduled to reach Salt Lake on March n 31 and be in Butte Mont the next day April 1 so the party part will not vIsit many Utah camps or enjoy the hospitality of I i many during the stay much as such a visit would be appreciated elated William A Paine Is presIdent of the East Butte company and several others it in the party are largely largel interested in that company and other bl big Butte corpora corporations corporations and their desire is above every everything thing else to make an inspection of the mines there in which they are Interested that s 5 why hy they will not have hae time to tE spend in Utah this trip lt It Is reported also that Mr Cole will wil travel with the party from Globe to Los Lo Angeles and there spend a Mrs Cole previous to heading east am possibly r stoppIng of off in Salt Lake eu et route Toute MEXICO CON PROSPERS Proposition in Which Salt Lakers Laken Are Interested Earning Big Money The Boston office of the Mexico Con Consolidated company has received from Superintendent Su Superintendent l rank Frank C Morehouse a draft for and is informed that another draft of 0 has be been n forwarded ma lying a tota oil to represent the net earnings of the Mexico Consolidated prop property erty for the month of February says saS the Boston News Bureau The local office is alsO advised that there is ir in tran transit it an anI ready for ship shipment shipment ment to the smelter ore of a net of gold to represent March earn earnings earnings ings up to the of the month The mm mill Is now treating s tons of ore daB daily and Mr Morehouse states that the company compan has three years rears ore blocked out in sl sight ht at the present rate of production The question of divi dividends 1 will be taken up by the s before many weeks I Arrangements have been made for the sale of shares of stock at 12 per pat share to apply on the liquidation of a a small floating debt This will make outstanding capital 24 shares It is worthy of note not that the devel development of this property has bas e extend extendEd tenc fd Ed over oyer a perio l or of only tv years ears and an within this short length of time the tho thol l property has been opened UP ore for tor three years have been created a smelter has been constructed an and the mine is earning at the rate of 45 l gold golda a month IN BEAVER Combination Developing Property That Promises Well The Southern Copper company a com combination of Michigan operators that was rounded up b by J I L Reynolds to operate a group of claims o out t of Milford in Bea Beaver Beaver ver county count several months ago is in u a fair way nay to make a big mine of its prop property fOrt erty According to Mr Reynolds a shaft has already been sunk to a depth of l J feet and the Intention is to pound it down 00 or 00 feet more without stopping A ledge several feet in thickness s is be being being ing followed down and the prospects f a bi big body of rich ore at depth are su suggested ested by the character of the vein filling This Mr Reynolds states IS isa a 8 reddish talc that carries about 3 per cent copper and avel average ige val values values ues of S 8 per ton in gold with oC occasional t and pockets that assay away up The company is going Quietly about its confident that the property win will turn cut welt well Utah Stocks in Boston James A Pollock Co bankers and brokers y yesterday received over their prIvate wIre wire from Paine Webber Coone Co Coone one of their Boston correspondents tine the record of sates sales of Utah stocks on the Boston market with range and closing quotations Boston March Uth Consolidated was about the onlY stock showing ac activity activity on our board today The buying of this stock is excellent at present and and we hear very bullish talk for or a rise in inthe inthe the next few weeks The local curb stocks were active and strong especially East Butte which sold up 2 closing at 14 11 Recent developments at the prop property property erty have brought in considerable buying and the stock is scarce The market for Butte Coalition is gradually becoming wIder and people are beginning to realize the real value of the property Quota QuotatIons Quotations SAles Open High Low Close Amal 1818 l Elro Best Bost Con 22 4 i iC 22 Z C Mercur 6 Bingham 38 33 38 Daly W 14 14 14 14 Utah Con 61 62 6 61 61 U S S 57 h 57 ii al a 7 Pfd 24 45 4 4 9 45 38 N irk Butte Butto 31 8 8 Y S s Canten 2 Old Domin 0 40 4 46 45 Cop Range 50 1 go SO SO rend Tenn Cop 4 I Ji 4 Nev Con i OO 1 let 17 10 1 17 In New York Nev Con 17 1776 liS 17 17 1 MINING STOCK Little Bell May Day and Mammoth Features of the Weeks Business The past weeks trading on change brought out shares or of stock the selling value of whIch was yesterdays proportion of the totals being be being ing shares and Quite a wIde range of stocks were d dealt lt in during the week but Interest centered largely in Little Bell and Ma May Day while the last two days brought Mammoth to the front frontas as an active participant at stiff prices One week ago it was possible to buy Lit Little tie tle Bell at less than It has since touched d 7 1 and Is now bringing around The mine will enter the shipping lists tomorrow and if the roads permit it will make a record right from the start that will be a surprise to man many May MayDay MayDay Day has also given an intimation of at what is coming oming by sendIng out five cars of ore orein orein in a week and the stock stok has shown a steady adf advance ante from to Mam Mammoth Mammoth moth has moved up from to and holders holder are demanding several cents more than that at the present time Beck Tunnel which slumped off orf at the close of last week to a share has picked up again and the closing sale yes yesterday yesterday was at Columbus Consolidated ed another of the favorites has moved up during the week from to 60 Grand Central has also shown up well with limited offerings and Silver King Which w was dropped to during the early arly days of the week is recovering a little and is now unobtainable under rn 34 AJax Carisa Consolidated Mercur Un Uncle Uncle cle Sam Lower Mammoth and a number of others have held their own but the interest in them has not been great enough to make much of a change either way Following is the list of final quotations and record of sales made during yester yesterdays yesterdays days single regular and open board calls I 1 Bid tAsked Asked Alice Allee 2634 3 Ajax 33 35 Carisa 25 Creole 25 S SCon Con Mercur 65 70 70 Daly 15 0 1050 1300 1400 Eagle Blue Bell 1 Grand Central Galena 03 Horn H rn SlIver Silver LIttle Bell i 1 Lower Mammoth 35 Mammoth ammoth 1572 May Day 25 26 Ontario P Petro tro 00 0 Silver King Icing Sacramento 16 17 SlIver Silver Shield 20 Star Consolidated ted n 11 1354 Swansea S 80 South Swansea Swans 44 04 06 Sunshine 00 04 01 United States Utah 55 60 Uncle Sam i i VIctoria Boston Con 2375 20 24 Beck Tunnel 91 95 5 Black BlackJack Jack 53 Cyclone 08 03 Century ro 0 Ingot 01 02 Little Chief 03 g 04 New York 17 is 15 1514 Victor Consolidated 03 Wabash Yankee Consolidated 33 3 Richmond and Anaconda 03 NEVADA STOCKS Macnamara 7 r 83 Yesterdays Sales Little BeIll JO n buyer 60 1 1 May Day c |