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Show ' 8 INTER-MOUNTAI- w, Highest (covering a period of eleven years,) $5.25, in October and November, 1890. Lowest, $2.50, August 21, 1896. The weeks reported transactions in ore again show a decrease, and it is becoming more apparent as time passes that the miners will not offer their ore on the market with the prices of silver and lead as low as they are at present. In the majority of the mines only enough ore is being marketed to meet the requirements of the and this is kept down to just what is pay-rolabsolute in the work of prospecting and developing against the time when a more favorable market can be found. In the ratio that the ore purchases are decreasing, the base bullion product of the smelters is increasing. This shows that the smelters are drawing on their ore reserves, and this condition may bring about a change that will carry with it some inducement to the miners. l, ORE PURCHASES. McCornick & Co T. R. Jones & Co. Commercial National Bank Bamberger & McMillan National Bank of the Republic $27, 500 35,950 2,975 22,427 10,415 Total Total for previous week $99,267 1 12t923 13,656 Decrease.. well-know- vice-presiden- Carolina. Co Aug. 15, 1896. So ASSESSMENTS. $15,825 47,000 40, 077 Pennsylvania Total $102,902 84,999 17,903 Total for previous week Increase 5 H 8 Company. W K O -- H CO P k 3 O K J? 104 Natural Gas... Copper Queen Consolidated M. & M. Com- Eldorado pany, at room 13 Eagle block, 10 a. m. Monday, Buckeye N. Golden Gate. December 7 th. Gold BeltM.&M. Goldstono M. & M. Company, at 411 McCorSale enjoined. nick building, 3 p. m. Thursday, December lOtli. .01 .011 md .10 .02 .01 .01 .001 .00J 8 p 8 h Snowflake Main St. Lucky Bill Comstock t; t; 8 . Meetings. Alma Gold Mining Company, at Saturday, December 5th. Dr. A. J. Lanterman of Colorado, is back in Salt Lake, looking after some of his mining er base bullion product. Germania Wife and son. vice-presiden- Ore and Bullion. Hanauer Personals. Mr. Ed Lyne, manager of the Globe Smelt at Denver, is in Salt Lake. Hamilton Smith of the Exploration company (Limited) of London, is again in Butte. H. B. Eldredge, general agent for the Griffin mills, has gone to the City of Mexico with his ventures in adjacent campft. Col. N. Trdweek, wlio recently went to l)en Ver to attend the funeral of Edward Eddy, the n smelter man, has returned. President John Dern of the Mercur, is now in Nebraska, having been detained there by the serious illness of some of his relatives. Mr. Charles Lammersdorf, manager of the SeViere mine at Gold Mountain, is in Salt Lake, accompanied by his excellent wife who, in ad, dition to being Mrs. Lamiilersdorf, is also a director in the Sevier Gold Mining company. Daniel Ferguson, Arnold G. Gianque and Isaac Jennings, are at Hailey, Idaho, investigating the importance of the new strike in the Vanderbilt mine, in which they ate all owners, Major j. E. Jackson of the Consolidated Kansas City Smeltiug and Refinning company, value. Ibid. in the Kootenai country, has Mining Company. Injunction Bond. who has been some milling property oil the North Damages for Breach. Pending proceedings purchased Fork of Salmon river and has put a force of to determine whether the C. Co. had exclusive twelve men at work. right to mining phosphate rock in the C. river as against the state phosphate commission and Incorporations. two companies acting under a license from the Undine Mining Company. Capital $150,000 restrainwas issued an commission, injunction in 150,000 shares. Officers, S. S. Jones, preslicensed and commission the the companies ident; S. H. Allen, ing S. J. Jones, from removing the phosphate deposit on the C. and treasurer. The company will secretary river. The decision having been adverse to the the Wind Ridge, Jo. Daly and Chrisoperate C. Co., the injunction was dissolved, and suit tmas claims in Tintic mining district. mining bonds. was brought on the injunction and Milling Company. CapFortune Held, that the licensed companies were not ital, $30,000Mining in 30,000 shares. Officers: Elmer entitled to recover profits which they might of Bingham, president; C. F. Loofbourow, Hill, to allowed made been had have they possibly George Goss, treasurer. The work the C. river in addition to the other naviowns the Contention and Fortune company were state which the in rivers they gable claims in the West Mountain district, (Bingham) licensed to work, since the conditions of sucwith a tunnel on the Contention and a together to and from it cessful working varied day, day from the Dalton and Lark to exacquired right consuch of the phosphate price appeared that tend the tunnel through the Keystone, Freedom would have and probably stantly fluctuated, and Blaine claims, also a lease on these three fallen considerably had that from the C. river which expires February 24, 1S98. been put oh the market. The members of the claims, state commission were not entitled to recover Mining Abstracts. on the bond because restrained from granting E. W. Genter, Abstractor of Titles, complete licenses, they having no pecuniary interest in Lake the licenses. Nor was the state entitled to re- abstracts of all mining property in Salt cover the royalties on the phosphate which and Tooele counties. No. 150 Main Street. might have been mined and shipped, these amounts being purely conjectural. W Coosaw Min. Co. vs. Carolina Min. Co. O; 2 EH 03 75 Fed. Rep. S90. (Circuit Court, Dis. South 53 CQ p co-partii- record Prices. J MINING REVIEW. N Silver. Recent Decisions Affecting Mining. Abstract of recent mining decisi ons prepared The average for the week has been slightly lower than in the previous week, and that, too, for the Mining Review by George Wester velt, Salt Lake City, Utah. in the face of exceedingly heavy exports. The attorney-at-laLease. When one usual law of supply and demand appears to be Partnership-Mini- ng inoperative on silver at present, as the exports of two partners in a mining lease surrenders it all through November have been more than before its expiration, and takes another lease usually heavy, yet the price was lower all himself alone, the new lease, as to the other through than in October, and showed an im- partner, will be held to be a continuation of the provement only in the third week of the month, old. The fact that one partner in a mining followed by another decline Recent ship- lease failed for ninety days to pay his proportion ments from New York aggregated 4,875,000 of the expense of working the property does not work a forfeiture of his interest in the park ounces and 310,000 Mexican dollars. The following are the quotations for the nership, in the absence of any proceeding to that end. week: Continental Divide Mining Company vs, 65 6H Monday. . . . Thursday 65 H Tuesday.... .GoJ Bliley, 4GPac. Rep. 633 (Supreme Court of Friday . . . ..05 654 Wednesday, Colorado October, 1896). Saturday record Prices. SaMe Accounting. The coiUmencemeUt of an action for an accounting by one partner Highest (covering a period of eleven years) in possession of the firm against his $1.1980., August 19, 1890. Lowest, 58JiC., Match 3 and 5, 1S944 property is equivalent to a deiUand by plaintiff for his share of such property, and defendant, who resists recovery, will be treated as having Lead. While the local quotations oil the metal are coiivereted it at said time, and held liable for its unchanged and are still at $2.75, the average eastern price for November, as furnished by the trade journals, was $2.96 per cwt. v Dec. 29 Dec. 12 Nov. 16 Oct. 31 Nov. 14 Dec. 22 Dec. 21 Aug. 10 Jan. Jan. Nov. Dec. 18 10 Jan. Jan. 28 Dec. O 2 3 11 10 bo 0) Ini hi S Qi O O ft. QQ Pi co w o Q3 I 03 H co OS SO OS s O So CO Co O & 2? 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