Show TIE DEAL IS OFF De Lamar People Will Not Get the BlacU Hornet Special to The Herald BUTTE Jan 15The Black Hornet Hor-net deal is off The rock upon which it split was the Question of price between be-tween Captain Plummer and the owners own-ers The price at which the mine was held was 100000 Captain Plummers offer was 75000 The fine ore bodies in the mine have been worked out by the owners Large quantities of low grade ore are left but how much of this can be worked at profit is more or less problematic The mine did not show enough in sight to satisfy Captain Cap-tain Plummers company the De Lamar La-mar and he could not recommend them to buy it at the figure asked I the ore that had been mined had been left standing the property could have been sold to this company at the price put upon i The owners do not feel justified in selling for less than 100000 because of the splendid showing made by the comparatively small amount of < development work that has been done Ore and Bullion Shipments The ore and bullion shipments out of Utah for the week ending January 1 1S9G were as follows Twentyone cars of bullion weighing 775513 pounds One car of copper bottoms 35335 pounds Fortyeight cars of silver and lead ores 1835350 pounds Ore and Bullion The receipts of ore and bullion yesterday yes-terday were as follows McCornick C Hanauer bullion 4100 silver and lead ores 7200 T R Jones Co ores 7100 bullion bul-lion 3700 Mackintosh 175 tons Silver King ore 105 tons Anchor concentrates Bamberger McMillan ores 4838 Commercial National bank ore 400 Bank Clearing The clearings of the associated banks yesterday were 279946 For the same day last year they were 193395 Silver nail Lend Bar silver was quoted yesterday as follows Silver 67 1 cents Lead 2JO Casting copper S 4 cents Mining Notes and Personals Geo St Clair of Ophir and Jos Eric son of Stockton are in the city S T Pearson of the Marion mine left for Sanpete yesterday on business lf Broker Lowe sold Hardscrabble Morgan Mor-gan after call yesterday 491 shares at 70 cents Another shipment of Pan American cyanides amounting to 2600 was made on the llth Two cars of ore from the Utah and Galena mines at Fish Springs arrived at the sampler yesterday Broker Hill sold 130 shares of Mercur after call yesterday at G Later in the day it was wanted at 5605 Ontario ISO shares sold in the New I Yorlc exchange last week at 7509OO One hundred shares of Horn Silver sold 1 at 230 I Fraser Churners of Chicago have notified its Salt Lake house that it has sold a 20stamp combination mill to parties I I par-ties in Silver City Idaho Samples of ore from vthe Wasatch No 2 lode in Beaver LakOi district have recently re-cently been assayed the result showing 5 per cent lead OS ounces in silver and 2411 in gold to the ton The ore body in this mine ranges from eighteen inches to two feet Frank Hines who owns the Lulu No 2 fraction between the Mercur and the Sacramento mines intends to put in a I whim at an early day and fully develop the property the fortyfoot shaft in I which is already in mineralized ground that goes from 2 to 56 In gold to the ton The Mammoth is to add twenty stamps to its mill which will bring it up to an 80 stamp proposition and thus greatly great increase the working capacity of the plant which will in time enable the company com-pany to enlarge its output and dividends L C Trent Co have the order for the machinery Yesterday Jack Williams and Frank Black bonded the Lucky Boy claim to Lawrence Cummings of Montana The life of the bond is six months the consideration being 10000 of which 1000 was Dut up as a forfeit The Lucky Boy adioins the Bonanza and Cannon property pro-perty at Mercur The Alice Gold and Silver Mining company com-pany held its annual stockholders meet inn on the 14th and reelected the old board and directory as follows J R Walker president 11 H Walker vice president and treasurer L H Farnsworth Farns-worth secretary Directors Boyd Park S F Walker J R Walker jr C K Gilchrist H W Lawrence and W L PIckard The Desert National bank held its annual stockholders meeting day before yesterday which resulted in the reelec tion of the old board of officers and directors di-rectors for the ensuing year as follows L S Hills president Moses Thatcher vicepresident Wm W Riter James T Little James Sharp John R Winder Frank W Jennings Geo Romney John R Barnes John C Cutler Henry Din woody David H Peery and E R El dridtre President Donnellan president of the Mining stock exchange is in receipt tl a telegram from the chairman of the list inc committee of the Chicago mining exchange ex-change acknowledging receipt of his invitation in-vitation to visit Utah and stating that it would be impossible for them to do so M J Sheridan the chairman of the committee has invited the members of the Salt Lake exchange to be present at the opening of the Chicago exchange on the 21st The Independence Gold Mining and Min MI leg company is the first organized company com-pany to begin operations in the New Mercur district in Skull valley The of ficers of the company are W H Penrose C C Snow J R Middlemiss and James Moffat The operations of the company will be watched with interest for if i the new district is to come to the front as a great wealth producer it is more than likely that the Independence will be the first company to prove it wl John Rhodin is just in from a trip into Cherry creek Nevada where he has been for the purpose of examining some min leg properties for Salt Lake capitalists capialsts He says there is considerable activity in mining in White Pine actviy Cherry creek Nevada and a boom Is expected ex-pected there in the spring P H Cannon is working fifteen jnen on the Montgomery Mont-gomery property in Cherry Creek and has four feet of ore that will average 70 ounces silver and 40 per wi cnt averge lead Preparations according to Mr Rhodin are being made to resume work on the Eagan mines in the same district PENN MUTUAL LIFE INSURANCE COMPANY Office of the Penn Mutual Life Insurance In-surance Company of Philadelphia Philadelphia Pa January 7 1896 To Policyholders Messrs J C Taylor Co formerly our general agents in Salt Lake city have been relieved and the business of the agency is temporarily in the care cf Mr George 11 Nolan jr cashier Premiums may be paid to Mr Nolan in exchange for the companys receipt countersigned by him or they may be remitted direct to the home office at Philadelphia Messrs J C Taylor Co have now no authority to represent the Penn Mutual Life Insurance company in anyway any-way and payments made other than as above will not be recognized HARRY F WEST VicePresident |