Show I I tdINBS MINING AND BUSINESS I I I q Valuable Liscovery of Coal and Fire Clay inUtah County AFTER MARY YEARS Hays Cook Will No Longer Throw Gold Ore Over the Dump THE DAY ON CHANGE Slurnpy Market with But One Sale Recorded Jlercnr Correspondence MiuJns Under Un-der miflcnIticH Gold Hill Mining PropprtleK Tlie Excellent Slow I ing Made In Plate County An Important Im-portant Mining Deal Stomp all for the Conmro 3IIne The Showing j Show-ing iu the CI Sloans laud I hook of MincN Gold Bars from the Spivnisli The Great Eastern r j Ciroyji Ore and Bullion Silver and Leatl > Ilninff Notct and Per twnls I f I Utah county although not especially f noted on account of its mineral resources I resour-ces is yet quite prominent on account of its fine quarries of onyx marble and other valuable commercial commodities commodi-ties and to iCiis list there has recently > been added new discoveries that will do much in bringing this county to the front as being the depository O great Industrial wealth L I Jndustra wealh A short time several ago prospectors tme a severa prspetor in prospecting for leaching ores in th eastern portion of Utah county found a sixinoh vein of coal of excellent quality the ledge dipping t about 12 or 13 degrees In following the vein the lucky miners min-ers found that it increased in size with depth and now although but com o 2 paraitively little work ha been done on the property the body of coal ha widened out to about thirteen feet But this was not all that they foundi for in following1 the coal vein on Its dip they encountered a twentyfoot body of a sticky substance that annoyed > noyed them greatly in the development < rr of the mine but when an old miner came along and informed them that it i was nothing more than an immense I deposr of fire clay of the finest quality qual-ity their spirits rose 50 per c nt The fire elay when tested was ale to bear 2200 degrees of heat without j and number of fire njury ad as a large fr t J3ay brick is used in the state j way brck use every z year the value of the new find cannot be overestimated i This depot o coal and fireclay is j located wsithin four and a half miles M 1 ct both lines of railroad in Utah I county I I THE DAY OX C1LGEL I Slump Market with But One Sale Recorilcil While there was a good attendance during dur-ing yesterdays Call but little business was t transacted and the market was dull and inactive < actve i The demand for stocks even giltedged i 1 Blocks and dividend paying iiises ivis so limited that there was a wide difference 1 i differ-ence between the buying and selling quotations c quo-tations notwithstanding the fact that all stock are offered today at what were buying figures a few months ago Sioux Consolidated experienced a sharp decline and before the declne close transferred i a hundred shares at 105 The closing quotations were as follows CALL OF UNLISTED STOCKS I = = I I > Lowest 4 Name of Slocks I AiUod Q > J I 1 UHfl I Anchor IflO S 17 Ajax 1 45 Alliance 7 BulonBeck 5 r 6 Brick Consolidated 1 70 CentennlalEurlta 5 0 Dah 1 71JJ DalyWest s t Dahtonand Eagle Lark 30 85 10 1 I East Golden Gate 5 10 Galen 1 1623 20 Geyser 90 r Four Aces H9rn Silver h 1 2 2 Malvern JIahern 20 Jercur 515 55 Mammoth 245 260 Overland 1 40 I Sioux Consolidated 10j 1 12 I Silver King 1650 20 00 Sunshine 200 I Utah 10 iso f CALL OF LISTED STOCKS v I li > t tcC rae ot Stuctr I fg r v jLLL I I I Swansea 1 1 45 j f 70 45f Daltoi South Swansea 1 51 I 6 Jalton l i Gas 1 3 I Rex 15 Bogn j 10 20 Rchmond and Anaconda 3 Immediately sifter the call a election elecon a held o the propositions to accept or reeot the repeat committees report recom mending the bringing of a suit against recoll J II Bacon for the embezzlement aginst I funds of the exchange and for or against the proposition of Mr Bacon to settle with the exchange by giving his notes for the note te amount involved Before the vote was taken 11 Bacon made a short address to the members of the exchange during which he re quested a postponement of the balloting on these propositions for ten days bv which time he hoped toSpresent a propo sition that would be acceptable prpo to the members of the board acptle After his remarks there was consider able discussion among the members te some of whom favored the member favore desird post P b onemenL te Jst Over this question there was a free forall wrangle forat least half a hour Bv some it was held that a postponement could not injure the exchange in the least and might result beneficently to the beard and also help Mr Bacon An effort was made to test the feel ings of the members by a vote on fee l question but the chairman held that un der the rules this would not be allow a1ow able and when the vote was finally taken the result was as follows faly RESULT OF THE VOTE For Bacons proposition 7 Against Bacons proposition 1 For the committees report 1 I Against the committees report 7 Durlng the discussion prior to the voting vot-ing many of the brokers left the room so that the entire strength of the exchange I ex-change was not represented in the vote cast castMr Mr Bacons position was not a pleasant pleas-ant one by any means and i was rendered ren-dered all the more disagreeable from the fact that he was not accorded the courtesy due to one who was making an bod of on address to an Intelligent body men a subject that was most important t all concerned and the apparent haste to proceed at once with the balloting with the seeming intention of ignoring the urgent request was to say the least in bad taste and form Before the balloting was begun Mr tc bloting Bacon begged leave to withdraw his former unheeded proposition but this request wa |