| Show I I INPGTINOSMELIRS Simon Guggenheim Here I Looking Into Conditions H II i IMPROVEMENTS ARE ASSURED Useful Devices Will i t AU Modern and Stockholders Con Ii J Be put InYankee Hundred Shares to Five ers mcreaso dred ThousandUtah Declares Weeks Ore J Dividend of S2000The V Bought j and BulllonSteele Group Ukes the Silver I for 75000Xeams i i DevelopmentsNotes i ver Kins I cmbrnC1fl all CCfl r With an Itinerary furnaces of tl Lh tcr in which and Befluiiflg COIn t M1erIcafl Smelting I StrnOn pany are In opcriitlOfl cecutVe of Its beirn the chairman cstCr Colorado board arrived from I will alter several days I and for day local offices and the ii 3 iiate between the I plants In this valley American of the jb I HJ Ii the IntentlOll company and Refining Smelting r e saId Mr Guggenheim to innate a campaign of Improvement that i ill bring every one of Its plants update to t to equip date In doing so It proposes that can pos them with every device I reduce tIIC actual cost of smell Libly I 1 Ing and to share with the producer all economlC results it IS our IntentiOll i Indeed to dcmontratC to the ore p1O r ducer that the Interests of the miner who smelts his i ores aro I i and the nian of reciprocity i identical and to observe a policy ciprocity that shall forever overcome te discords of a century We propose t the indus I to help him and encourage try and we yant him to believe us I I I sincere Yes the science of smelting 4 has made great progress we all understand 1 under-stand better than ever the metallurgy Ig of the various ores the mechanical devices and I vices have been greatly Unproved that better results Can be achieved in their reduction Is known to all of us In this valley we will bring all our I plants up to date and the new smelter I smel-ter which should be ready to go into J I t commission In November will be as I efficient as any on earth p How do I resord the future of silver I sil-ver Well I lok for an improved market but in promoting it the producer g pro-ducer and the smfclter must be united I What is to be done for It you will excuse us from discussing at this time The lead market Of course you are aware that the smelting company Is J behind It and has been ever since it was advanced to 4 In maintaining the price the task has been no light I I i I one and again it has enabled the Australian I Aus-tralian producer to get Into the market J I mar-ket with his lead concentrates while the producers of Canada have come forward with an increased output I mention these as straws simply that have been weighing upon the camels q back but I i see nothing to cause uneasiness JE1 easiness at this hour The copper 1 I market appears to be well In hand and 41 I with present conditions certainly those I engaged in the production of the metals met-als has reason to be gratified The afternoon was divided by Chairman I I Chair-man Guggenheim between the offices of Messrs Bamberger McMillan and Hon T IL Jones the companys district dis-trict manager where thc order of business t q bus-iness comprehended everything relating 1i relat-ing to the smelting industry in Utah I I l While devoting his talents to the I i smelter at this time Mr Guggenheim l I has been identified since a youth with I not a few of the most productive mines in the West and no one is more I jilcaaed than he over the recognition now accorded the mining Industry 1 throughout the land He Is a share holder In a number of Utahs bonanzas i I Js among those who receive monthly dividends from Its diggings and effort I I will be exerted to1 make his sojourn I here an agreeable one I The Mingo Roasters 1I Dr John H Tucker general super I Intend n of the American Smelting and Refining companys local plants came up from the valley yesterday and departed after conferring with Man ager Jones for his home In Murray Ho 1 reports the roaslers at the Mingo now operating on ores that were being ireaied at the Gerjnanla prior to the scorching by which the latter plant 1 was disabled with a total of 150 tons ° ° re being treated dally in accom plishing this Superintendent tucker is employing about 450 men while every thing is running most satisfactorily J throughout I i Yankees COfl Stock Increased t RnSnS 10ll3cr3 or the nkec Con r solidated Mining company met in spe cial session at 2 oclock yesterday af ternoon increased its capital stock i from 250000 shares of the pat value of 10 cents to 500000 of the par value of Slt and authorized the president of the SEKf tranSfr to lhe Franklin syndicate by which the north half of the flunlbu xras Decently purchased fl stock for 25QJO of the spot 250000 sharcs of the I parent company In ex I change lot IL I Proposition went J 4 tlIroiih without a dlesentlntr vol voIce 9 had it is dot1btfi lt 1 = TJfcre liar I mOnlous nock over assembled under I gentile ioof Tl = nMlnlU3lness hav j Jccn disposed or the altentloS c I shovint refet lras callc1 to a map the position of the varlonS ore bcdI in U ° a L territory I gem of the great I Parrot mine at B e ront t3hOve1 according to I I I i 1t 1 id Guenther t s UpCJfltefldeflt caUpCJfltefldeflt of the Droperty Who ca In front watch the camp to Proceed says the mine I that ICsponding the tunncl to touch of giatit throul 1ll In futui hich all ores straighten coni beinc rapidly P1OdUCti of out a atll tiiat the atlve J than Julie iti ors JegiTi not later Dr p A H magic ndeavors Print n UtcJer whos0 the has so much prominence attained a many recIpient om the shareholdJs most adjotl ned OXUlant offlo the to await te approach oc I dividends Utah Dividend of S2000 In line with 0 dirccto5 the curl 10 5 fOrecast of th 1 of oprings mrt Fish Ii fl Wb LU aLternoon and POStej divIdend of 2 cents a share S2000 the distribution or to take place on Wcdilerday next While the nOney Is plec of not a large one It I to Is COflflned the hold rs of but 100000 and In th lace of shares a long haul 0 and a ery OpenIe on from Deep Creek the compati3 is to b D G Williams Who had just roIn the mine at Fish arrived Sring milLed a sub us Physical cOndltloi encouraging report on Ore and Bullion Settlements In the ore and bUlilit Week cloctd with sottiemots market tIlo guting 394762 aggle as 2t276I compared vltlt for the prosloit This cloen not icIule the One ann Silver 1Ull1OI forwarded copper goJi frozim tIm thghian Boy snielter mor lion of the value Ot abOUt W000 golti wqs dIspttchej to the subtrcaBur which ev v ork In by the KSffi bVhe Consolidated Met cur cither does It include the high grade copper gold and silver matte nrotluced at the furnaces of the Sing ham Copper and Hold Mining company or several lots of ore sent to oUlyide smelters The days settlements amounted to 1102 divided ar follows McCornlck c Coo1d silver lead and copper ores r400 Commercial National Bank Gold silver and lead ores 600 Utah Commercial and Savings Bank Mammoth bullion 20G2 T U Jones 1c Co Germanla bullion 15200 gold silver lead and copper ores 10 900 In the metal market silver ruled at St cents an ounce lead at WOO per 100 pounds and casting copper at 15 cents a pound A PLETHOSA OF STOCKS Result a FnllingrOff Demand and Smaller Sales The wcelc on the mining exchange closed with the transfer of 253G35 sharrs of stock for which 1376301 was paid the day with ihcsale of 26 900 sharcs for 1217325 The shrinkage shrink-age In the volume ot business and the Indifference with which not a few favorites fa-vorites were handled Is attributable to a variety of causes none more potent perhaps than that the middle of the month found the shelves In not a few of the shops overloaded while the trails that lead to several propositions arc strewn with unredeemed pledges relating particularly to earnings If not to dividends The investor thrice misled mis-led concerning strikes In the Ajax finally came to the conclusion that It was probably the better course lo await the appearance of bulletins dictated by the management and from sales or Monday last at 5124 it was eased down to 511C although a slightly better figure fig-ure was bid at the finish Lower Mammoth Mam-moth was another that softened from neglect and the failure of the management man-agement perhaps to hasten the production produc-tion of rich ore of which a line showing show-ing Is reported In several places MayDay May-Day which appeared on the brink at the opening advanced rapidly at the eleventh hour to reports of four feet of ore carrying from 302 to SSO ounces of sliver per ton With this volume oC ore the shareholders will be excused for looking forward Mlssourianllke to a carload of the value of 5000 or more the present Week The consignment consign-ment of 5150 ore from the Northern Light of Lion hill sent It forward to 11 cents but the foothold was Insecure and It closed an altering at 9 = 4 cents yesterday while Galerta of Fish Springs weighted down with long waits between letters from the mine was cosed back to 14 cents bid The absence of official tidings from the Grand Centrals ore bodies and the future fu-ture policy of Its household with reference ref-erence to breadmoney made a dull object ob-ject of It In the pit while all kinds of stories and the brokers who were selling sell-Ing at 350 on the Boston market and picking it up at 330 on the local exchange ex-change hold Mercur down While the method ot scalping was an artful and a profitable one it could not sit well on the Eastern slomarch The Yankee while the management Is boring Its way under the ore bodies to save 50 celLs or more per ion In their extraction extrac-tion was another fickle number and In a few hours had jumped from 273 to 2i > 5 and back to 290 while Star Consolidated Con-solidated broke and dropped back to 12 cents with 44 cents paid for It at the close Martha Washington that had already gone to pieces was Jet down to 3 conts at the windup with Silver Shield a bad actor from the start The fact that several parties were hard pressed for ready money was cited asa as-a reason for the decline in Ben Butler which sold down to S4 fc cents yesterday yester-day after changing hands at 11 cents on Monday Tetro with President Pollock giving It his personal attention was a steady attraction as was Daly West that advanced steadily from an opening at 3560 while Swansea did a small business around 395 and closed with that figure bid Otherwise the situation was unchanged and the week closed on the following market Bid Asked Anchor 200 2I5 Max 117U 117 Albion 40 Alice CO 50 BullionBeck Sw 32i Black Jack 150 Ben Butler OS W Boss Tweed 17 t 2S Boston DC LaMar 005s Centennial Eureka 2S50 Chloride Point ft3 Congor 30 Consolidated Mcrcur 118 324 Century 2 250 Creole 27it 31 i Daly lEO 175 DalyWest S002 3525 Dalton i Lark 03li OOi Dalton 07U 05 Dexter 57i 0 Daisy 00i 01 Emerald 07 071 Kaslo Blue Bell Galena King 20 Galena 14 1KU Grand Central i > K 575 Goldun Eagle CiiU Horn Silver 122A lW Hercules jX 02 liiijot 01 i Joe Bowers Q5U OS Kremlin 03 d Little Plttsburg d O0a Lower Mammoth 3S2 401 Little Chief IS i 17 Mammoth 246 2 3 Manhattan 00 01 MIdnlnht Bowers 02 May Day 02 02as Martha Washington 03 > 4 0 j4 Northern Light W rrj Ontario 800 1000 1olro 10 20 lllchmonclAnnionda 103 HoccoHomestako SUA 23T4 Tlnbblts Foot 0 Sunshine 15 30 Swansea 35 400 South Swansea C51A r5 Sunbeam United CO T 63 SacraniniUo ssu sou t Silver King S250 Star Consolidated 44 441 Shower Consolidated 11 fl Sliver Shield 03 03 7 Tclro 12k l 11 csoma n < g SO Utah 70 7G vako 52 yUt Morning Glory 03 lankec 2SO 2ES Transfers were recorded as follows at the close atL1 0 at Dalton Lark 100 at 9c MayDay 60C m1t vqc t d5 160 tt 1O at 100 at D2Ic U ill aisc Hl ai yjC Silver Shield 10CO at 3T4e South Swannin TCO at CCc Slur Corwmlidatei 14 at 13lic m at l3c 20 ILL433Ie 2 III 44e Valcu oCO at 2Tlc Bemi Butler 3000 at Pc 15 at S1c iLO at Sc liXX at Sc Boss Tweed K5 at 18 2c EOft at IPc Martha Washington loGo nt 3floj 10CO at 34e 34eretro retro 17X at IMJc West Morning Gory 1000 at 3c 1000 at YzUilcee Cotlsoiliatecl 300 at 287 I0 at 2 100 at 5 Shares soldi 2C9PO Selling value SlLVlTo2 ON THE STREET Baseball robbed the curb of all its animation during the afternoon ant trading was confined to 2250 shares or stock for which 350725 was dealt out A lot of 400 Yankee Consolidated was brought out on a bid of S290 while an OrdCLfor fifty Da > yWcjjt was Milled at S3C12M with 300 May Day changing handsat D2 cents A lot of 500 Call fornla of Park City came forward to t a bid of 45 cents with 100 Northern Light going at 9X cents SALES OF DAY AND WEEK The days eales on curb and exchange were reduced to 29150 shares that brought lG < H2r0 The wockV tmloa numbered 32l7C ° aharea for which 1TiQ14 was paid Coppers Dull and Steady ITRIlJTJXK SPECIAL Boston Mass May 25Tlue Conner I inariset today was dull and steady Standard Oil issues ehowed firmness Amalgamated was stroinr around 116 and Buite pained one to 1CS Isle Royal was partltmlnrly weak losing I i ihiee to 42but later1 recovering1 to 18i Irl mountftln after an early fractional decline de-cline made a very sharp rally Which carried the price from I2Vi to 10 The balance oC the list was very dull Horn blower tc Weeks brokers 53 State street Boston and 10 Wall street New York furnish the folohvlng quotations Sales JIlKh Low Close Amalgamated 1l0 Bltiglumita 60 2G Cochlti tl22 en Eureka 25O SO0 DulWest 0O 3500 Vinim us oo 2LuO 29 United States 1900 16T Mercur Mohamvk 256 5700 Curb Boston 12547C Kearns on the Silver King Hon Thomas Kearns genrral manager man-ager of the Sliver Kings wellnigh matchless domain at Park City returned re-turned from camp last night after several sev-eral days underground and without going into details says that during the four months In which he has absented ab-sented himself the developments have been unparalleled While the enormous additions have been made to the reserves J i re-serves below the campaign of equipment equip-ment has been progressing above and J In a very few duys the delivery of ore J I over the new tramway will have begun be-gun AVith the manner In which Assistant As-sistant Manager Dally has directed operations op-erations at the mine the Senator Is very much pleased and bin visit will be repeated in a few days The good people at the camp are prepaid to entertain a large number of visitors today while the mines generally gen-erally will have their latchstrings out The Week nt TIntic The Tintlc Miner reviewing the week says there are no new developments In the Boss Tweed deal though It Is generally gen-erally understood that the Carlsa people peo-ple are ready at any time to undertake under-take Its purchase on a basis of 20 cents per share or 50000 for the mine In thp meantime William Gundry has a small force at work sloping some excellent J ex-cellent silvercopper ore for the market 1 mar-ket ketThe The drift that the Grand Central has been driving from the SCOfoot level has encountered an ore body of good values In copper silver and lead in the King William claim that has been opened up for several feet and which gives promise of generous proportions though Its extent has not yet been determined Some ore of very good grad has made Its appearance In the upraise at the La Rome with every indication that the raise Is nearing a big ore body An east and west cressfissure which the management of the Ridge has been following west from the shaft on the SOOfoot level has opened out Into a large cave that is about 100 feet from the floor to the top The walls In places are covered with manganese of iron had on the north side there is a considerable consid-erable showing of quartz The drift west along the fissure will be continued con-tinued Mining1 Incorporations The Wasatch King Mining company filed articles of incorporation yesteriay with the County Clerk The capital stock Is 5300000 divided into a like number of shares of the par value of 1 i each F P Stoll Is president of the company C O Ellingwood vicepresi dent J AV Langley secretary < A Han auer Jr treasurer who with R I Ncelen form the directorate The company owns the City Rock and eight other mining claims In the Little Cot onwood mining district An amendment to the articles of incorporation in-corporation of the Tlntlc Mining and Development company was filed with the County Clerk yesterday increasing the capital stock from 300000 shares of the par value of 5 each to 600000 shares of the par value of 55 each The Steele Group Purchased The old Steele group numbering a alfd02cn claims at Park City and neighbor of the Creole passed into the custody of Judge Morris Sommcr who with his asociates has contracted to pay for it no less than 75000 For three years the Judge has been nego hating for the proposition and having obtained poscssion will inaugurate vork at once The group which is owned by Joseph II Steele has been prospected by him at intervals for about fourteen years and while some ore has been encountered the main jody is yet to be reached The group which Is most favorably located Is to be made the foundation for a new company at once with 300000 shares of he par value of 25 cents the sinking und to be derived from the sale of treasury stock Iron Mine Propositions Messrs Witchcr Jones and Rob Walker have gone to New York with a string of Iron mines from the great zone In Iron county girdling their waists and It Is not at all unlikely hat before returning to ZIon a transaction transac-tion Involving their transfer to Eastern investors will have taken place In addition to their personal holdings the gentlemen are acompanied by options on the Cullen Campbell group of Iron mines and at least one other the ownership of which could not be Iden tilled Cooperating with them Is Mr Cutler who recently secured an option on the Taylor group from the sixteen heirs sharing In the lamented bishops estate and with these various Interests launched the proposition becomes one of the choicest ever spread before the markets of the East For some time Messrs Jones and AValker have been In correspondence with Eastern buyers and their unexpected departure Is said t o have been in response tonnessagca urging them to come on without delay Doesnt Like Alaska pisappolnled with Nome and washed out of Galveston Mr AV A White who visited ZIon about a year ago came In prom Los Angeles yesterday to Inquire Into his Investments here and to take a run Into the diggings front which he has drawn several prices He will not return to Alaska nor will ho build again upon the sands of Galveston said the visitor yesterday nor lias he taken very kindly to the oil boom which Is threatened with nn overpro duction Indeed Mr While has con eluded that tho safest Imcstment Is In limO mines and may be rolled on In the future to play pretty closely to them Tintic Shipments The Miner reports the following con signments out qf the camps of Tlnilc during the week Cir of Ore Centennial Eureka BullionDeck 14 Gemini GcKtlva 22 lty Day > iiv t Ciirlfwa i Tesora M Mammoth o Grand Central > 12 Lower Mammoth r Total In addition to this exhibit time vam moth forwarded a bar oC bullion and two cara of concentrates Operations at BIngha In Its weekly review ol Blnghani the Bulletin says On AVedncaday lmumt 1 George E Lee and L c Jeffrey oC Blnglmm as coownero of the Sinrlu group of mines and acting for their Chicago partners at Salt Lake City turned over deeds and papers convex ing the property to the Chicago syn dicate that has for sonic tIme hat Ha purchase In contemplation A cash con slderation 50000 is now In tIme Na I tlonal Bank of the Republic in nart payment the rrtnqulshers will jisr ro I celvc 200000 shares of stock In a stromr I company forming which will sot asld a fund of 0000 to be expended > for maj chlncry and in development work Blnsham C L Co teams arc hauling WO tons of mill ore from the Beck Hanson Neptune lease to the Dewey also one car of firstclass ore t to the denot Ade Hcaston Js limbering up his waterpower wa-terpower Jigs at the mouth of Markham Mark-ham and vlll soon be running on the AVardpn it Kee lease of secondclass ore of which we understand there Is i a ronslderable tonnage awaiting treatment treat-ment Tom Mayne Is hauling a 100ton lot of secondgrade ore from the Phoenix mine to the Dewey mill He will In a m day or Iwo begin on a GOOton haul of Nust secondclass to the Dewey mill Yesterday seventeen Ironclads left the depot for the valley with S50 tons of ore MILLION AND HALF IN SIGHT Col Dowrys Bond on a Mine Proves t Good Thing Boise Ida May 25Ncvs han been received from Thunder mountain to the effect that Castle Bros property undem bond to Col Dovey has 1GOO 000 In sight A force of men has been at work there since last fall and with surprising results j V Thomas Heed an expert from the East has been at the mines for sometime some-time and It Is staled he has written a letter to Col Deweys headquarters in Nampa stating that there was 1600 000 In sight in his mines American Companys Meeting Time American Mining company with ten mining claims in Big Cottonwood mining district has Just held Us annual an-nual meeting of shareholders which resulted I re-sulted in the reelection of the old board of director with J A Bcnton as president presi-dent For the further exploration of the territory which Is just over time range from Park City the company has let a contract for 100 feet of work which is now In progress The management man-agement Is confident of encountering the main ore body before the tunnel has been extended twentyfive feet further fur-ther as stringers ot ore have already made their appearance In Its breast Secretary Cromc reports abundant means In the treasury with which to carry out the projected developments Gold From Gold City A mysterious horseman with a lot of goldbearing quartz succeeded in blowing blow-Ing up all kinds of excitement around IJodgess assay furnaces yesterday Dumping his samples he called for a quick assay and when some hours later a certificate showed the presence of 2170 gold per ton he stepped Into his stirrups and disappeared as he had come The only information to be had from him was that the quartz had come from a ledge at Gold City at the mouth of Llttle Cottonwood canyon and atone at-one time the scene of an ephemeral boom Not a few have learned that gold exists in the locality but no one has developed a producer yet Bothwell After Zinc It leaked out yesterday that the cause of Glen R Bothwolls sudden de nartur S for Joplin Mo was nothing less than a most sensational development develop-ment of zinc and load ore topon time ground that was purchased by him for a few thousand dollars about two years ago According to the story apiece a-piece of the territory had been turned over to lessees who began sinking with results that promises to enrich them as well as the owner The strike js characterized char-acterized as one of the most important hat has been recorded at Joplin durIng dur-Ing the season and opens a new field rim which the Salt Lake Investor Is promised much revenue Ore From the Utah Queen The management of the Utah Queen of Dry canyon yesterday marketed a car of ore on controls showing as much as 70 ounces silver 25 per cent lead 27 per cent copper and 350 gold per ton this closing a lot of fifty tons during the past ten days Discussing the mine which adjoins the historical Mono Manager M R Hunt says that while the ore is occurring In no great volume at present lie Is taking it out of a number of small fissures that radiate radi-ate from the main incline and that afford promise of developing Into a chamber of riches as has been characteristic char-acteristic with the locality eveir since the old days of the Mono His Intention is to continue the Incline into the hill as the earnings of the proposition justify jus-tify it and ASlth the streaks providing the money with which to develop the outlook is very encouraging1 Strike in the Bay State The news has reached Ely that Thompson Tlernan of Salt Lake City who have been operating the old Bay State mine In Newark valley under a bond and lease have struck a rich body of ore In the tunnel which they are driving at a distance of COO feet Ship mcnts will be made at once via Eureka Ely News Mining Notes The BullionBeck1 of Eureka reported with a car of ore yesterday The assessment of U cent on Manhattan Man-hattan shares became delinquent yesterday yes-terday The Ophir Hill of Ophir canyon marketed mar-keted eight more cars of concentrates yesterday Manager A B Lewis of the Imperial and other Beaver county propositions has returned from time south The Grand Central of Tlntlc added the proceeds of six cars of highgrade ore to the treasury yesterday The Golden Eagle of VInnomucca Nov came foiward with the first of the seasons shipments yesterday Manager Loose of the Grand Central came up from Provo yesterday afternoon after-noon to confer with local shareholder 1 Prof Joseph Luce has returned from British Columbia where he has been making examination of mining property prop-erty Gus Holmes will visit the Cnlaveras companys property In Calaverag county Cal before returning from the vestMessrs Messrs James McTernay and Joseph Farren have returned from Tlntlc after af-ter sampling the Admiral Farragut group The delinquent sale of Diamond Con which was pulled off yesterday found the1 4cent assessment paid on all but very llttlt Ely News W W Churchill of Salt Lake dry has applied for patents on five claims In the Kinsley mining district dis-trict Elko county Hon Byron E Shear came in from Denver yesterday and with Miv Kim berly will leave for the west during the next few hours Seven carloads of ore were marketed by Manager Carey of the CariSr yesterday yes-terday The proposition Is now one of the most productive In Tlntla Col Henry IJ Ryan leavesfor the TTnIlr pcll mnIt tnlnr tn rc J developments on the Cuinas group of which he exercises the control Manager David McLaughlln of tim Qulncy ut Park City says the marketing market-ing of ore from that property win bo resumed within the next ton days The MInnleArgentlum group of five claims near the Humbug and Yankee at TIntic and controlled by Georgo Silks nnd associates Is to be actively developed The group Is a most promising prom-ising one O M Lndd resident representative oC Ihu Colorado Fuel and Iron company com-pany has returned from Pueblo where ho has been conferring with officials of the big concern and promises to release an InteryHtliUT bunch of se crcls later In the season tv Challls Ida Messenger Henry Mc Cornlck superintendent of the Lucky Boy Gold Mining company ut Custer arrived In Challis last Friday from Zlon Ho In company wlfh Vi T Os ter departed for CuBter the following morning It is bsUcvcd thai this fa mous old property will soon resume operation with a full force of menThe men-The days receipts at the Taylor Brunton sampler consisted of fourteen cars of ore from Tlntlc eight from Ophir canyon and one from Nevada Messrs Joseph A Coram and Clarence Clar-ence K McCornlck of the Bingham Copper and Gold Mining company arc scheduled to arrive from time East today to-day Charlie Ford who Is constructing the new ore bins for the Yankee Con has returned from Tlntlc and says his labors will be completed the present week George Dorn has returned from Fremont Fre-mont Nob and Isi again giving his undivided attention to Con Mcrcur of which he Is treasurer and assistant manngcr George Blair leaves for Ulan count today to Inquire Into the progress of developments on his oil properly In which the first stratum of oil sand has been tapped The shin eholdcrs of the West Mountain Moun-tain Gold and Copper Mining company an asked to meet on June 27lh when the sale of the Bingham property to Charles E Knapp will be approved Manager R G Wilson has returned from California where he has boon visiting with the friends of his youth and Is again giving his attention to developments at the R G W of Tin tic From Neighboring States Pakor City Democrat Jt Is learned from what Is conHidcrcd a reliable ttourcc that the llrst payment of IUOO was made ut Granite last Monday on the Climax formerly tho property of John F Hardcc The properly was bonded sometime ago to Spokane parties for 10000 the payments pay-ments to bo made In Installments Laramlo Boomerang Mcssri Schcu Carey Miller and a halfdozen Other Salt LaktiH who are Interested In something like SCO acres of oil land In the heart of the Fossil district Wyoming held a conference con-ference recently discussing what to do j with their holdings The gentlemen are understood to have had numerous propositions propo-sitions from parlies who aro anxious to buy them out or put down wells for Interests In-terests In heir I claims Reno Journal It was learned yesterday that a bond had been placed upon the Copper Queen mine In Topper gulch a short distance north of Rono This proposition prop-osition was discovered a year and a half ago and was shortly thereafter bonded by C C Wallace and a Mr Hamilton The amount of the bond was 515000 A sixtyfoot shaft was sunk on the ledge and a Rood showing of ore was made Time boid would have probably amounted to a sale had not Mr Wallaces death Intervened Boise Statesman Frederick Jrwln su pcrlnlendont of the work of time War Eagle company at iho Sinker creek tunnel tun-nel says that the tunnel Is l now In 1100 feet and Is being pushed on Into the heart oC War Eagle mountain at the rate of nlno feet a day Tho length of the tunnel when completed will be CCCO feel It Is expected atter limo 5000mark has been passed tho tunnel will begin tp t cut some of the big ledges that produced so much wealth In time early days as time result re-sult of operations nearer time surface |
