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Show 11 Mfi CHANGE. BsaI jiikes it Extremely Interesting for' Barnes and Malad Consolidated D THEN HUNTS HIS HOLE. jig Tunnel for Bingham-The Strike in tie Sunshine General Mining Min-ing News. ewYork, Sept. 2. Silver quota-3.Sl.18ft quota-3.Sl.18ft lead, $4.67j. A HIe Tunnel. . )ne of the most formidable projects t have been incepted in mining cir-s cir-s during the present season i3 that of Imnel which looks forward to the ration of the mines at Bingham and ;ch will add materially to their econ-icaldevclopmcnt. econ-icaldevclopmcnt. The tunnel is a ,t enterprise and will reflect tho con-nee con-nee of several mine owners in the manency and productiveness of the ion. It will break ground on the ,h claim and from that point will rce the main contact after which dicing di-cing drifts will connect most of the .itions. For some time the district ! sustained expensive annoyance m water and the tunnel .has been ided on as tho cheapest and most jDomical system of drainage. To ac-uplish ac-uplish all that has been contemplated i tunnel will penetrate the hill for a tance of 2300 feet. It is the enter-se enter-se of this magnitude that reveals the ure of Bingham and which will ntually rank it among the most pro-ctive pro-ctive camps in the territory. A New Strike. sack of ore from the Badger mine liingham and assays that have been rived from it is ample testimony of : enduring resources of that district, lich is now one of the most active in west. A shaft was put down on the opertyto a depth of 200 feet. At it level the vein - was iped, tho breast ghowinjr three it between walls through which running a six-inch streak of ore that very high grade. Futnre develop-ints develop-ints will tie prosecuted on a very eu-getic eu-getic scale. The Sunshine. Keceut advices and mill returns from s claim which is located at American Irk confirm all that was said with lerence to the ore body that was disked dis-ked in the tunnel and considerable e is being placed on the dump for lure shipment. The owners, Messrs, raninns and Hunter, are very exultant or the outlook and believe their re-arches re-arches have added another bonanza the Utah catalogue. Unloading the Dumps, A prominent smelter man is author-' author-' for the statement that the ad-ncein ad-ncein silver and lead has enabled my of the miners to profitably handle natter that was originally discarded jjangue, and which now represents ore of the value of about S3LT a ton. ir many years these dumps have been cumulating until at present it is al-Mrimpossible al-Mrimpossible to make an approximate the amount of ore on hand that is dy for the furnace. A reasonable ' of transportation will clean up Mh of this material and add largely the output of the season. I Mining Stock Exchange, The day on 'change was one of exuding ex-uding sluggishness, the total sales 3 confining themselves to less than W shares. There was but little trad-g trad-g until Barnes' Sulphur was called, tan the bear who had been quietly itching from an eminence swooped wn with four-footed violence and feed it to three cents below the open-8 open-8 'igure. Congo went in stiff at 13 cents id ran the gauntlet at that figure, 250 ares changing hands. The list then r'k another dull period and four fcks were passed without a sale. ad Consolidated was hualiy reached i'wi the bear again exhibited his olaws d rushed it from 9 to 1 cent, 3000 ares be.ing excaanged in the oall. 'ah oil, to which considerable atten-n atten-n has been recently given, struggled "d on the outside" for a vitalizing aught but failed to catch it, and re-'ed re-'ed at the figuro at whicii it closed isterday The report that gas had n struck seemed to exert no percep-"e percep-"e effect. The subjoined table will the transactions and fluctuations 'fngthe call: TODAY'S GLOBING QUOTATIONS! 2. s a : r f : Iff---- S 2 60 " I 2(15 I8 60 t 2 65 or 6rjo 6 00 Ti7 7 n n "I?? Sulphur 09 09 06 07 "Eureka.... 28 00 28 00 fey.-- -i?4 Hx 22 85 22 25 22 00 22 25 5Ecoe 130 ... 130 " Silver.... 8 25 "gar, 8 25 "adCon,.... . 09 a 01 03 400 400 400 400 fh'rn'sp'y" 'soo ' S-;;;". 45 00 Z" 45 00 ih i f; "8 w ' 's65 "i'oo "8 00 " Oil Co 31 3t jgaside X) 30 BALKS. I? 500 Shares 12-10 200 " .17 smhur.:.;.::".::::::6ioo -w W 20U0 -l |