Show IN LOCAL MINING CIRCLE The Past Week Has Been a Dull i One I GOLD r ST1UKBS REPORTED ORB AND BULLION OUTPUT SHOWS A DECREASE Splendid Record Made by a Local Mans G hlS ling Appliance Something More About the Big Jlcrcur Deal Silver Is Slowly Advancing Ad-vancing The past week in mining circles has been an extremely dull one though not entirely uneventful During the early part of the week the continued and marked fluctuations of silver furnished fur-nished a never ending topic of discussion discus-sion and then on Thursday the people of this territory were shocked to hear of the disaster at the Horn Silver There fire destroyed one of the handsomest hand-somest concentrators in the west and caused a very heavy loss one which no other silver and lead property could well stand up under during these depressing de-pressing times tmes On Monday the sale of the Mercur was declared off on account of the failure of the Colorado people to come to time with the necessary guarantees and despite the report from the east that Wolcott and his associates have just sold the mine to English people for a cool million the company proposes pro-poses to erect a new mill near the mine and double the output A lack of water wa-ter is the one great drawback to the enterprise but the head officials of the company are now negotiating for a Water wa-ter supply near the mine and indications indica-tions are that a deal will be made with the owners of the very desirable supply sup-ply The president of the conipany expresses ex-presses pleasure at the sudden termination termina-tion of the negotiations looking to the sale of the property and says the company com-pany itself proposes to make all of the necessary improvements and reap the harvest Reports of rich strikes in the various gold districts continue to be received and there is abundant evidence to the effect that the promised mining excitement excite-ment has set in in earnest Mercur is rapidly filling up with men and prospecting pros-pecting in the hills is being vigorously prosecuted Although the first excitement excite-ment attendant upon the discovery of gold in the immediate vicinity of Lehi has somewhat subsided the locators of the claims are doing the right thing for their properties proceeding with their development and the indications are that something rich will be encountered encounter-ed The character of the ore is similar simi-lar to that of the Camp Floyd district dis-trict The production of the silverlead properties are being redcued almost daily as the receipts and shipments reported re-ported by the local banks will show During the past week the shipments have fallen off nearly 50000 the total but SS10S The for the week being summary of the receipts and shIpments ship-ments is as follows WELLS FARGO CO Monday Pennsylvania bullion C3SG Tuesday Pennslyvania bullion G202 Tuesday Ontario bullion 11878 Tuesday silver and lead ores i478 Wednesday Pennsylvania bullion 3408 Thursday Pennsylvania bullion 3352 Friday Pennsylvania bullion 3341 Saturday hOJiday Total 10048 MCORNICK CO JMbnday Hanauer bullion o 450 Monday silver and lead ores 4700 Wednesday silver and lead ores 4150 Thursday silver and lead ores 660 Friday Hanauer bullion 4800 Friday silver and lead ores 5300 Saturday holiday Total 25060 T R JONES CO Monday bullion 2100 Tuesday bullion 7000 Tuesday silver and lead ores 2500 Wednesday bullion 2500 Wednesday silver and lead ores 2500 Thursday bullion 2200 Friday silver and lead arch 2000 Friday bullion 2200 Saturday holiday Total 23000 Wells Fargo Co 40048 McCornick Co 25050 IT R Jones Co 23000 Total for week 88108 |