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Show INTER-MOUNTAI- five miles west of Hailey, in which asas high as 185 ounces in silsays show ver and CO per cent lead. The strike is made in a tunnel driven sixty feet below the old workings that were productive of large amounts, and in the breast of which are fifteen inches of ore. It is also reported this high-grad- e that in the Red Elephant, now under lease and bond to H. K. Thurber, the tunnel which has been driven through virgin ground900has disclosed a body of feet of stoping ground ore, and that is afforded the lessee. Boise County. niNINd STOCK REVIEW. Salt Lake City, Feb. S. The local immining share market shows decided provement and the week has been by far the liveliest of the year, both in volume of business and amounts involved. On the Stock Exchange the dealings were heavier than the preceding week and a number of large transactions were reported by the curb. This increase in business was almost wholly due to orders from the outside, d investment stocks and the were in the greatest demand. The transactions on the Stock Exchange aggregated 33,720 shares, un-of which 1170 were listed and 32,530 listed, against a total of 11,125 shares the preceding week. The general tendency was toward higher values, Mer-cand Ontario continuing to lead in the upward movement. Annie stock was listed during the propweek in class C erties seeking capital for development.) The property consists of seven claims lying north of the Sunshine and is capitalized for $250,000 in shares of $1 each, 180,000 of which have been issued. The development consists of 940 feet of tunnels, shafts and cross-cut-s, and $6000 have been expended. There was little change in Ajax, although the new superintendent reported the discovery of a new ore body running $15023 in gold, eighteen ounces silver and per cent copper. The the mine has been of management changed by the retirement of Samuel Mclntire and the appointment of E. E. high-price- n concenRock Creek wants a trator, for which there is an abundance of water power and plenty of ore. It is estimated that such a plant would cost $50,000, and that the net profit would be $37,000 per annum. 100-to- NEVADA. Pioche Record: Great reports continue to come from the State Line dis-C. trict. The Ophir mine, owned by J. to be Lynch and M. J. Sullivan, seems the bonanza of the camp, and when travel admits they will be shipping ore to Salt Lake of a grade which, if reports are true, goes up in the hundreds. We hope all the reports will be substantiated. The reports current some months ago to the effect that the Keystone property was likely to resume operations under new management seem to have been well founded. It is reported now that the Colorado company which was organized to handle the property is about to take possession, and will erect works capable of treating 100 tons of the low-gragold ore uncovered in the mine per day. It will doubtless be a cyanide plant and be erected in close proximity to the mine. de MONTANA. Butte dispatch says: Reports brought from the new gold discoveries on Flint creek, twenty miles from Anaconda, more than bear out the first reports of the remarkable finds of then A a precious metal. and experienced mining man, is also familiar with Cripple who Creek, returned from the new district and declares Flint creek is a richer goldfield than the famous Colorado district. He confirms the report of the hungry prospector, as Sam Snyder, the discoverer of the district, is called, has a perfect mint of gold in his claims. The new strike is not far from the famous Cable gold mine, which has yielded over $3,000,000 in the last few years. L. U. Loomis, MINING REVIEW. N well-know- ur (non-produci- ng recently refused an offer of $4.50 for his entire holdings. The results of the first months operations of the mill exceeded the expectations of the management, the ore yielding an average of $11 per ton, and $35,600 gross for the month. The crushing capacity of the mill is 360 tons and the tank capacity will be Increased to 250 tons at once. Little Among the unlisted shares amuseto furnish continues Pittsburg ment to the pit. It is apparent that many brokers regard this stock as a joke, but the heavy holders predict that the joke will be on the other fellows In the end. There was some active trading in Dalton at a slight recession. Negotiations are pending for the sale of the 100.000 shares of treasury stock to PhilIf the adelphia parties at 15 cents. stock is not placed an assessment of 1 cent per share will be levied on the 400.000 shares. With the construction of a tramway from the mine to the Bully Boy and Webster mill, which has about been decided upon, the property will be in shape to realize upon its ores. The closing quotations were as Stewart as superintendent. Anchor, Alliance and Bullion-Bec- k continued inactive. It is expected that the Bullion-Bec- k directors will declare another dividend of 25 cents at their on the 15th. meeting Centenniel-Eurek- a was held strong at $62.50, which is $12.50 above par. The sale of 200 shares at $60 was reported by the street. The report for 1895, referred to elsewhere, shows that the present prices are fully justified. The second dividend for February of $1 per share will be paid on the 15th. The bull movement extended to Daly and the stock was boosted another half dollar, being held at $7.20. It is expected that the annual meeting, to be held on the 17th, will be followed by a quarterly dividend of 50 cents. East Golden Gate remained unchanged, one sale being recorded at 55. The election of George H. Robinson to the presidency and the apparent as- cendency of the De Lamar interest will strengthen the stock. Work has been commenced upon the buildings for the new hoisting plant. Mammoth continues to be well sustained and in fair demand at a shade below the prices at which it is held. For the first time in the history of gold Mercur was the most active stock of comis California the in this list and the price has passed the $7 country mining pelled to take second place in the produc- mark, sales being made during the received from tion of the yellow metal. Colorado now week at $7.25. An order 5000 Boston or 10,000 for shares at $7 holds the first place. In 1S94 the produc- could not be filled. The stock will be tion of gold in Colorado was $11,235,500, worth all $10 of insix months, within 1895 mines the yield of her while in when new the mill is California to $17,340,495, creased completed, which leading will is This more increase $2,000,000. double the dividend payments. than by n due mainly to the activity in the Cripple With a plant and inexhaustible which increased its Creek region, output ore bodies can be treated at a that of gold $3,000,000 in 1895 over 1894.. of $10 and upward per ton, the profit UNLISTED STOCKS. 500-to- UTAH DAY At the Leadville Ice Palace. February 14th has been selected as Utah day at the Ice Palace; it is also the special jubilee day of the order of the Mystic Shrine. February 15th and 16th are Elk days, so that a continuous round of gaiety is assured. The Rio Grande Western has just announced a round-tri- p rate of $12 for train leaving Salt Lake City at 7:40 p. m. February 13fh, on which train a large delegation of Utah Shriners, Elks and others will visit the Ice King and enjoy the hospitality of the Cloud City. Utah should not fail to send a strong delegation to Leadville on this excursion to strengthen- and encourage the mining interests of our respective camps, etc. 4-- 6 property has a great future before it. Silver King is still held beyond the reach of the buyers. The monthly dividend of 25 cents per share was paid during the week, increasing the total to $523,000. Ontario was freely bid for at slightly higher figures. Another dividend is expected to be declared on the 15th, and quarterly dividends may be the order thereafter. Geyser flattened out during the week and closed at $1 bid, owing doubtless to its trouble with the water company, which necessitated the closing of the mill. Sunshine was invulnerable to bear attacks. It weakened temporarily but closed at an advance. There are less than 7500 shares upon the market and this amount is not likely to be increased, as one of the heaviest owners ORE AND BULLION. Competition among the smelters conare tinues keen and the before. The faring better than ever owners of one of the Salt Lake plants admitted that they were cutting each others throats, and declared that treatment charges were never so low. This competition seems to extend to all classes of ores, although lead, of course, is especially desirable. Unless an advance soon occurs in the price of lead, some of the large producers threaten to reduce their output, to the ore-produc- ers further embarrassment of the smelters. A further advance of half a cent per pound in the price of casting copper was one of the features of the week. The Taylor & Brunton company will probably erect a sampling mill at Park City, although no definite decision has |