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Show NEW PROCESS WILL MNOIG 511 American Gold Recovery Plan Will Leave Little for the Tailings. Special to Tho Tribune. MORGAN. Utah, Juno 28. While visit- ' ing New York City, as the president and general manager of tho Crescent mining group of claims, located in Morgan county, coun-ty, Utah, Georgo T. Stcnhoune was ap. pointed field engineer and created ono of tho directors of the American Gold Recovery Re-covery company, by reason of his long years' acquaintance with S. L. Burbrldge, tho inventor of the new gold process making a thorough recovery of flake and Hour gold. The Invention is a now one and differs so materially from all other discoveries that the United States patont office shows nothing similar to it, by which complaint of Infringement could be based. This Item being the first to appear in public print, a brief statement of tho mcrlt3 might bo attractive to tho gold-mining fraternity. It Is well known that tho average recovery re-covery of gold by stamp process, by plato amalgamation, does not exceed 60 per cent. From a series of tests, whoro It has not boon possible to recover over 20 per cent of tho assay valuo by present pres-ent processes, this Invention has succeeded suc-ceeded In saving 95 per cent by electrolytic electro-lytic action in the mortar of a stamp mill, showing that tho electrical energy had tho effect of thoroughly cleaning tho gold that would otherwise not havo been amalgamated; thus tho eloctrlc current passing through the water In the battery, bat-tery, will throw down all the fino gold held In suspension, and without such action ac-tion this large pcrcentago floats off and Is foraver lost. Tho cost of installing this process Is so small, whore electric current Is supplied, sup-plied, that the expense does not exceed $5 per stamp. S. L. Burbrldgo states ho can recover 95 per cent of tho assay valuo of all gold oro at a cost not exceeding ex-ceeding 50 cents per ton; that ho has had charge of milling operations throughout the United States for the past thirty years, and knows that his invention Is applicable to gold ores of the United States, Canada, Mexico and Alaska. This company is composed of some of tho wealthiest men in Now York, among whom aro Thomas A, Edison, George Crawford, Ralph M. Clutton and others. Tho American Gold Recovery company is now prepared to enter tho gold fields of the west, and by the erection of several sev-eral mills of their own show to tho mining min-ing world their faith by the expenditure of their own money. Mr. Stonhouso, the field engineer, well known In Salt Lakn City, as woll as In the general western states, will visit Salt Lako City durlnj the present week. Eastern Market Letters. .Tomes A. Pollock & Co.. bankers and brokers, furnish the following, received over their private wlro yesterday afternoon: after-noon: Paine, Webber & Co. Lettor, Boston. Tho New York market was very weak during most of the session, due to unfavorable un-favorable crop reports coming from tho northwest and heavy short selling. Toward tho closo a slight rally took place, due to short covering. This rally may continue a little further, owing to the approaching holiday. The market will bo feverish until more definite nows of tho crops Is ascertained. Tho copper market Is rather weak, duo to the rumor that the Amalgamated company had curtailed cur-tailed Its production until a stronger metal market is assured. On any further break the better class of coppers should be bought. Logan & Bryan Stock Letter, Now York. Today's session was marked by falling prices, with a continuation of the heavy liquidation and pressure for the docllno which has boon noted during tho past few days. Definite news accounting for the heavy selling in various quarters was not forthcoming, and although the situation in the northwest is conceded to have been ono of the prime factors tending tend-ing to accelerate the downward movement, move-ment, still the Impression Is general that there was. and perhaps continues to be, something' under the surface accountable account-able for the drastic change In attitude on the part of the leading market ln-torests. ln-torests. Sentiment appears to be rather too much one-sided. Under such conditions condi-tions a recovery in prices seems probable, prob-able, if for no other than technical reasons, rea-sons, but at tho same time tho absence of a constructive clement seems to work against a sustained advance until more is definitely known. New York Market fairly active but weak today. GIroux, Ray Central, Nevada Ne-vada Hills, Greene Cananea, bolng features. fea-tures. Shearson Hammll and traders sold GIroux. Hutton and traders were best buyers of Nevada Hills. Gallagher and traders sold. Levy Bros, bought Ohio Copper. Selling scattered. Market closed weak, with no special feature. Gallagher. Boston Copper share market refused to sympathize with weakness In New York today and as a result prices ranged at or better than the closing of yesterday. yester-day. There were few stocks pressing for sale and the demand, although light, was bettor than expected. Fractional changes only were registered in most of the list. Feeling - continues samo and best Judges bellove coppers sold to a standstill. Advlso buying on all weak spots. Traders will work on tho long side If opportunity affords. Better range of prices is looked for. Hornblower & Weeks. San Francisco Mining Stocks. SAN FRANCISCO. June 28. The official offi-cial closing quotations for mining stocks today wore as follows: Alpha Con. ...$ .05 Justice 10 Andes 13 Mexican 1.071 Belcher 70 Occident. Con. .25 Best & Belcher .45 Ophlr 75 Bullion 13 Overman 85 Chollar ...... .10 Savage 19 C C and Va... .80 Seg. Belcher .. .21 Con. Imperial. .01 Sler. Nevada . .26 Cm. Point 70 Union Con 33 Exchequer . . .20 Utah Con 03 Gould & Currle .11 Yel. Jacket ... .64 Hale & Nor... .22 BOSTON MINING STOCKS. Alice $2.00 Leadv. Con. .. .05 Bruns. Con. .. .071 Little Chief .. .06 Comsfk Tun. . .23 Mexican . .9S do bonds ... .17 Ontario 2.00 C C and ,Va.. .87 Ophir ;., .SI Horn Silver .. .40 Standard 95 Iron Silver ... 2.00 Yel. Jacket .. .60 NEW YORK MINING STOCKS. Allouez $38.00 Mohawk .... 4S.00 Amalgam Cop 62. 37J Nevada Con, , 18.50 Am Z L & Sm 24.00 Nlplsslng M .. 11,375 Ariz Com. ... 13.75 Nor Butte ... 23.75 Atlantic . ... 5.75 North Lako 10.50 B t CC & SM 12.00. Old Dornln .. 33.50 Butte Coall .. 17.50 Osceola . ...129.00 Cal & Ariz... 52.00 Parrot S & C. 13.25 Cal & Hec....540.00 Qulncy 70.00 Centennial . . 15.00 Shannon . ... 9.25 Cop R C Co.. 60.50 Superior . ... 39.75 East B C Min 7.50 S & B Min... 9.00 Franklin . ... 10.50 S & P Cop... 10.25 GIroux Con. . 6.73 Tamarack . .50.00 Granby Con. . 34.50 U S C &. Oil.. 35.00 Greene-Can. . 7.121 U S S R & M 3S.50 Isle Royalle .. 15.50 preferred . . 19.00 Kerr Lake... S. 121 Utah Con. ..20.00 Lake Copper . 48.25 Winona . ... 6.75 La Sallo Cop. 10.50 Wolverlno . .110.00 Miami Copper 19.371 |