Show THE ONTARIO TO CLOSE probability of it says superintendent in chambers TO BE IN THE NEAR FUTURE deep glee gloom tit at rai park city Ili director rector of tb the mint preston sew sees no future for silver Rumored nored sale at 0 a gold creole creek placer property for fifteen million Milli cai dollars heavy deals la in I 1 marion geyser stock senator white s 1000 a day gold mine mercur cranides cyanides Cy anides notes report WH wa current last lait la it night and to some extent that sri 8 Intend ot of tire the ontario lied had sald fald that the ibo ontario would shut don down n null tile the list last shirt shift of yesterday field that tile lie duly would close mr chambers chamber w was a 4 reached lt at park pal it city by telephone at 1130 p rn and denied the hie truth ot or the report in answer to a direct question lie bald viat that too the ontario would riot not close last clr hl nor today today but ull led that hat it was likely to be shut abut town down in the near furuie in regard to the paly daly the belief la is jre prevalent valent that the lie decision re reached ached blimp days ago agoo I 1 to CIO close dom doft n about tile the kill Is s undergoing a will result lit in the suspension of oc eions 13 lavor or to no aher Ets GWO GLOOM L I 1 mr yr N W V klco itice of park city came ri donn from that one cone tario aline booming nil 11 ter er camp last es enin eelig anti and reports thit that nello no nore are to le carded looking to a 0 suspension of oc AN voik of at the blk big Ii mines iines there la 14 laa a feeling of nt inton Int e floom jn in the camp when ho he left led rank city nothing lifton been decided about uc of work on oil on tarlo but lift he believes its loloff li 11 inevitable evitable sh should silver tract reach still lover ponts points of 0 the giai r been als a fareed barged recently front from the ontario and daly mr ir rice nice states that all uc ale leaving park city far torf hool many of at them lie I 1 says ire aio ai o old timers lit in the park and have v PI HWA for eara cargo but they are of tile the almost r pinion eliat anywhere anyn here else els Is better etter li from the railroad officials onic fali lie he learns that biners are in i tile the majority ot of in atances instance cs tl securing tickets for ap butte the of british Colum columbia bla and for colorado andl catane casinir a very gonegal fynn gon eyal sva exodus front from utah STOCK DOWN As an hu instance stance of 0 tile immediate effect of the sensational drop in tier hier 3 astel daya offerings ot of daly stock may be cited it MILS loss offered core cred at tier per phare tile llie loprest lot test since it commenced paying dividends and as low as ae the me price aked was it brought out no buyers incidentally this quotation puts nuts a sellers valuation of on a property properly that has paid very nearly three millions of dollars in dividends anti and n alch tile weeks aga affo hau had a mai maket ket valuation tion ot of SILVER NAY MAY STILL DROP director of the mint preston sees no future tor for it lva W aug auf C the bullion alue of the american Ainer lonn silver dollar no ac castling to yesterdays market price pi ice of oc silver til lver la Is just 43 36 6 ii cents said sir preston tile the director of the mint mini today this makes tile the commercial ratio between silver and gold old to I 1 instead ot of 16 to Is I 1 continued clr jr preston in order to make our silver dollar equal to a gold dollar at this rate it mould I 1 have to contain 59 fine grains of silver if the alloy were added the total 1 would be grains how do you account for the recent decline in silver st lyer mr ir preston was mas asked S simply imply the lack of 0 demand tor for st it I 1 see no future for Allver Nihat whatever ever yesterdays ter days maikut quotations tried made 0 it 55 cents an ounce it I 1 ly my honest 0 pinion opinion that six silver will n fall to 40 cents an ounce there Is no demand for it anya here china Is not buying any japan is 1 out ot of business 3 and there seems to be no demand for it 11 in any country to any extent even for use as subsidiary coinage it Is true that in the bazars of india it I 1 Is traded in ill as merchandise but the famine and hardish hardi mH in that eliat country have reduced the demand to a minimum ahe 1 I he output of 0 guld 11 14 at 0 u illy inari anc ausin eu sin I 1 think that the U of lils product for this year will be about thi united santes aill K III contribute about to lt tile the s supply ply I 1 blile bae rny predictions of an air c output upon tile tact fact alu tant t the apply puppy I 1 lias zas visit nt fallen off on in ili any country 1 here co klondike now halh still fort further er addmous to tn th the gold eold supply ot of the the extent or 0 the Klondy lic output Is problematical depending list gely upon climate conditions SALT LASERS PURCHASE elmberger and others othera buy the ali la bellevue Belle vuc A mining deal hemond cond in importance only to the Bon luia sale eale a few dys days ako ago for three quarters of oc a ni fillon dollars dol laia took 14 ilace ice inhaler In Haher city lato late hut night the property lit alved being the well known la bellevue e or cable mine situated tn ili clarite d U anil and owned li by J IL ilce ice proof dent of the first Nat national lonal bank of ilia C ally 1 ty a property properly that li 14 tile the moet exton tit developed devo loped in olegon onh on the puTcha pur chaer sern ot of the la Pell bellevue evue arp are 1 david keith courier f the noted slur ling kine mine tit at I 1 garlt ark city arid and jacob damberger ow ner ot at pi pa opt allt otlea I 1 bics tics in mercur and dintle allah it ond find 1 bah th lilt the cause 1 Virgin la and cold ridge I 1 idge mines 1 in n this bounty the will a once commence the operation ion of the alie la evue ot on too in extent vc scale acal air lr john enss ne ailio too is the llie present rt the llie con V 1 rw 1 n t a and a for over a yell year manager of ft the lot ia ECU Bell vilo bullo dui ing g Us its by A L Dic dickerman korman u ud Ms his wi will 11 he be till the manager for malinger Afe mair libro keith and anil and in ili hi bandit the best beet results will flit follow jot tills this fal to rol hollowing lowing close clone upon tho the heels bonanza transfer should cause an all and it lii creadel interest in tile the mining world regarding tile of the halier city kold gold fields That suh will wili ic alt it is certain and hereafter tills this mineral belt N hlll ill b held in it the ile holcli that thai its dencie doali e city berrt aith an important suit the case of at the silver I rak oak minana alining ot of county u 1 I J blanchett was up in the united states staten circuit court at chcon carson this morning the case Is one tu tit break or 11 contract of yale nale of the property and to recover air Han hanchett chott ili IH fill james jame F r dencho pat and campbell bethon 1 et son and Is a buning ratio nian gahose hos reputation has lii tool at the th head of tile the list ot of pacific const rali ting men aten tor for harty years abe F property lit Is a one tie of tl the e moal I 1 valuable duj k in ill the state stale a nl n d cou irb bs cashed c old any day for balfa halfa rn million illion Reno Gazette DENVER ori OPINIONS Nims tire tb silver slump will not affect many colliado Coloia do mines denver col aug C G the effect of th the e decline in silver to lo et ats per ounce u nee find and the probable further turl lur tall to lo is as low as BO 60 conn cents which seems to lie conceded by those jn in the boat best position to lo cudire 1 Is ilia ho current topic of 0 conversation anions mining men anti and while same are arc really greatly discouraged at the outlook for mining in colorado tile hc general opinion seenie to be that the decline of bah baher or 11 nill III haic no very sort ous OUR effect upon tile the mines innes there 1 Is comparatively little file silver rained in the state arfin e in connection 11 iilah I 1 ah co comice I 1 or gold antl and awl there it 14 it a M sibil i ty that some it if the asam per and nil cret de will shut d docu NO hut hilt tit of these there will no III lie be little OU change lit in lie EX GOV kov J B grant of tile the omaha grant bm llcy said get I 1 still nm of lh ili I 1 s opinion that hint silver will ili to go s iloan own U until all there Is a decrease in aho ir product production Ann in some game kultos tit of tile llie world and it re remains mallis to lie sen seen which of alio lie silver producing countries will give ay way iy first I 1 think it will avill havo have monte home c effect lip tile the devol development oc at Nl mexico dc air ami that no will lii bit built to tire the mines of that country coun liy it 11 will 1111 no effect upon apoll tho th production if lend lead rot for I 1 have ago ignored red out nut that M with ith lend lead at und mid 2 silver ver ht at r seart it Is 14 juht about as L pi c 11 table to llie life miner as when lien lead was wa a arid and silver 0 G ex senator NY P hill of elf tho tostin still and colorado solicitor elc lter thinkie that jiust the mill felt lit in many lors tle the agg regato jorat mill 1 I quite larke or g rd lie latt year the he average price paid title our company for silver avis 66 86 cents per 0 bounre or vivo anti and 0 th O cc be bedoll tOll chat PI pile ke all und J tadaus quotations to ft tn fit our PrO production dUCLIOn of last fear in ili the price mas much higher aind ild the toss lose con inars d eulth today I 1 ti 11 pr cob would be nearly NEVADA PLACER SOLD I 1 gold creek property said to have B been een purchased by englishmen new york aug 6 TI thi tribune vale as the anc boom bonin lit in rold mining turca lures that tile ali alond klondike ko alt ilisco vei has haa started lit in this counci cou nii hnis has apparently spread to england for some time arenta agents of oc london capitalists have hilva been in this city leiff to n quire rold gold raines mines of proved value for exploration or oil tile lie british the latent hile it deal i en led in rily city Is 14 tho the male by tin the hold gold czerk col company PanY of nevada nei asla of ill prop oily to a britch syndicate for il the i capital stock stick of tile Oin coul pany was tile the greater pill of oc tho ih stock Js held field by I 1 the ho officers onic offic of tile die company blui ate aie MAJ josi joeph jo eph J son president george ji alee ace fr francis ancia dickson focie tally 14 na V S L i teele ireney J nto SI oliam harn dir directors actors col B S bush formerly chief e engineer mid d constructor ol of ahe he crotan cretan aqueduct li the engineer of the company lie ile estimates estl matea that over in ill gold fairold lit Is contained in the placer tibzell alch contains acres lit in elko county along the banks of gold old creel creek of thi the above named officers only hutchinson Hutch loson and dieon are arc in toun ton both refused to give elve any explicit information regarding the ahr reported sn anle it mr air dickson admitted ho however weer that negotiations were in pro progress greas AN ith an english syndicate and probably ile bo completed in a short time mr 1 I 1 r hutchinson would only say that any statement that tho the gold creek minis mines had been told sold vai ions LOCAL GOSSIP it Is understood locally that the pur chis oc at tile gold creek are arc the Vander bilts rot for at hona hom lit in this thin deal howard Hof tHid K X To Tt nibley ilia has bee tile the agent whether the us sale 1 e has bool been n actually consummated or jig ita announcement Is premature as rated by bv mr hutchinson air A F r holden of this city believes believe that it vill ultimately be a accomplished cc om ile he it 11 familiar fa millar with e catry citry ry step of the begot negotiations lat ions a and nil 1 millie title he la Is not pie plen ared to conti confirm rin as ai the purchase price he admits that it ft will 1111 be one ona of tile the heaviest deals e ever or knonk lit in tho the west the torri territory tory embraced in tile the goltl or cicek eel placers lies iles nearly roil miles lost north I 1 of nf elko station on tile the central pacific in elko county cou ity and was formerly known as island inland mountain mounta jn it Is in about ono one oear icar amrice tile llie land was first arst acquired by AI laj aj joseph L robot csoll of new york for a quarter of a century has been Iden identified tilled 11 ith large railroad in the united l states immediately after Jn corporation extensive improvements and were beban rose r kolrs catering several thousand thou and aeres acres acre ere bulli built and something over low 1000 miles of canals dug du tile llie scheme embracing riot not only tile the development of the ibo places placers s but bill also alfo the iho lecla leclai mallon nation of thousands of acres of arid lands hydraulic ant anil ground sluicing have hac broil been in ill ON operation ration in it the placers since july ano 2nd find eind odo cleanup clean up liaa has been made the vu vala v of AN malch aich Is at fa aiom am to 5 IN litigation I 1 the tha Pio rooter wants his share or to sta the sale new york AUR aug C G karr 1 I Jai tyers here today announced that hat I 1 they had drown dri up capois in it a suit ing millions of dollars invested lit in ann cnn chadi aila gold mines dennis it liar I 1 fare arts n a ili promoter on iestEr ii 14 the plaintiff and ili gold cledic nv nev kilbin R company cOmparI com puny 3 J X maylian of denver colo waller vetter church of roston mass je las arid and D of this elty art aro the llie defendants tin tile 1 recites lault tile hie gold creek 3 1 company ut of which A mr ir robertson bertson Ko Is president was vas formed in n IL Cal pital it purchased d tile the property of the island company and at once a Sup Ion tuot Cj orth of the stock block for far vc liking OC 01 this amount lie he says goo COV 00 shares ocic ere sold for fai mid loud most or of tilt this taloney money vis an spent cut in ID developing tile the property tile the company am according to him filin then their I 1 ganues olan led the gold creek no ir cot I 1 so I odes company lilt a cal capital pital ot of s all aal I 1 tofiq gohl creek creeh NO cv com tom piny Pany with at of t iwlew harreii darreb claims 5 lie he 1 Is ihn ili promoter tit oter of these corn pontes slid and it ILs im agreed he says that lie hir liuo 0 for hilt shares of steel ivrah according to 10 liti ills figure 1179 ka ile he asserts ihu hilt the capitalists interested te in tilt lh scheme took bla hl advice still and labor un tilt 10 0 o u certain point a nil then quietly frone him film out harris tur fur iller allebes that fluit SL 11 deal la ILI now 0 bing abeln negotiated in with an syn I 1 liatto by J A curn of lover loer of all the cs for lie ile asserts atiat t tho ena ella ginevr hus just juat returned from frodi gill an oi of f tile alir pr and will ivill recommend to 1 ills I Is ill t flat they buy lt 11 mercur Cy cranides cyanides anides NIP mr john dern of tile the mine in ought lit in lot tit of froin that on it thursday tile die new crushier crustier cru stier for tile the nill wai noma n aso as arrivoli arri vOll d in salt lake yesterday yest aday and will lilt bf be forwarded and put jai in place ns ni quickly at n pea viLdo or on account of the mill being able to treat but bu t 2 10 tons per ler day to ill ahr s lir trolen olcen cl i t ali he force foice at tit the hii bis ile een break ing aft bolich lu ILI P cess of tile llie mills tile the result 1 la that ever y slope in tire the mines arid and tile the biris bins at the iho null mill I 1 are arc filled billea arid and on oil thursday the iho entire mine force took A holJol ay for or one alas THE GOLDEN GATE I 1 its extensive operations tons ore reserves of the SACra sacramento monto i jn in its rt bev of ope operations in mercur for tho the part maek |