| Show MANY MEN DISCOURAGED V 1 J Lat Weeks Changes All for the Worse TH SLUM I SILVER PLANS TO ERECT MILLSAT CAMP FLOYD iI i I A Marked Falling on in the Ore ana i Bullion Output The Gold Finds In IVoshinsrtou County Perfecting I Perfect-ing Their Title Mining Notes The changes which have occurred during the past week in the mining world have all been for the worse and the situation is even more gloomy than at the close of business at the last of cose the previous week With silver and lead both at their lowest points in the history of mining and the general depression de-pression in the financial world the outlook out-look has in it nothing to encourage the owners of western mines other than the gold producers The white meial rallied a little esterday and closed at 60 cents fat while lead remained re-mained at its old figures 5310 I is now only a question of a very short time when nearly every silver and lead producing mine in this territory will bt > closed down unless the situation as to those metals improves The sensational developments in the Bullion Beck and Champion Mining company controversy have engrossed BBtirinerable attention in mining circles Axiring the week and the progress of h < > case is being watched with the greatest interest by the people of the entire territory Manager Farnsworth has taken entire control of the properties proper-ties of the company and his claims were not contested by Mr Hyde although i is now said that the latter intends to carry the matter before the courts the negotiations which were pending since Wednesday having been practi cally declared off on account of the parties failing to get together The Beck faction claim that the money is now ready for all the creditors of Mr Beck who have any claims against the p stock of the mining company but thereat there-at several persons including Hyde who refuse to accept I is a case of 1500 shares bucking 85000 Within the past two or three days negotiations have been inaugurated which if they reach a successful issue as the present indications would seem to denote will secure for the Camp Floyd gold district one Or two new mills operations to be commenced just a soon as the weather opens The hills of the district are now full of snow the depth being greater than for years The usual shipments are being made from the properties which have reached the dignity of producers The ore and bullion shipments of the banks of this city for the week show a marked falling off over those of the previous six business days and reach a 4 total of but 92200 The summary for the week is as follows T R JONES CO Monday Bullion 55000 Silver and lead ores 4900 Tuesday Bullion 2900 I Silver and lead ores 5200 Wednesday Bullion 2900 Sliver and lead ores 1400 Thursday Holiday Friday Bullion FridayBlon n n 9000 Saturday Ores 3000 4 Bullion 3300 ABta 533600 WELLS FARGO CO Monday Pennsylvania bullion 3560 i l esday Pennsylvania bullion 3S15 < nesday Ontario bullion 11964 sday Holiday fay Pennsylvania bullion 7167 t Oritario bullion 7370 S tolurdly Pennsylvania bullion 5352 < I Totail S37400 McCORNICK CO Monday Tuesday Silver and lead ores 54900 Wednesday Hanauer bullion 3000 Silver and lead ores 1500 Thursday Holiday Friday Silver and lead ores 4100 Saturday Hanauer bullion 2700 r Total 16200 T R Jones Co 3S GOO Wells Fargo Co 37400 McCornick Co 16200 Total for week 92200 Vu hlnjton County Gold Finds In common with the other parts of the territory Washington county is just now experiencing some phenomia ally cold weather and in consequence the Barbee Walker mill at Silver Reef which has been operated for years by Woolley Lund Judd was closed down several days ago the formation for-mation of ice on the tanks preventing the successful operation of the plant The mill has been working upon the ores taken from the various mines at the Reef by chloriders and its recent runs have been very successful During Dur-ing the present week another run will be made i the weather moderates sufficiently suf-ficiently which is more than likely will be the cased case-d t Private advices received yesterday 1 from St George bring the news of a recent rich strike of silver and led ores in one of the workings of the Dixie mine eighteen miles southwest of that city the body of ore seems to be very large and is of the carbonate class carrying over ithirty ounces of silveroThe mine is producing the usual amount of rich copper ore and the smelter at St George will soon be I started up again for a long run The k drifts now being run in the mine are cutting a large number of bodies of exceedingly rich ore Perfecting Their Title William Dunbar John McLeod James Kearns and John Kearns all of Park city yesterday filed an application cation in the land office for an application appli-cation for patent on the Copper Que n lode in the Blue Ledge minlnm district dis-trict in Summit county The vein shows silver lead and copperS copper-S ailninsr Aotes Silver 60 lead 310 McCornick Co received Hanauer bullion 2700 Wells Fargo Co received Pennsylvania Penn-sylvania bullion 3524 T R Jones Co received Bullion 3300 silver and lead ores 3000 |
