Show RE LINE FOR LL G W Agrees With Syndicate Syndi-cate to Put it In OUTLET FOR ALL THE MINES But it is to be Extended with Special Viow tp the Bingham C G Property Prop-erty and Other Big Producers Alta to Havo the Most Active Winter Campaign in Years Stocks Active Utah List in Boston Dividend of Mammoth Today Strike in Eagle Blue Bell Mining Notes An agreement entered Into yesterday yester-day between the management of the Ho Grande Western railway and a syndicate orgunizod for the purpose of supplying1 the longcherished link between the mines oC Bingham and the > rcscnt terminus oC the former com panys track sets as rest all questions concernjng the future transportation or ores between those points and In th next few days active construction will have begun on a line of railway that mus t ultimately connect with nearly all the larger producers of the camp The company which undertakes it Is one that cannot fall to Inspire confidence con-fidence In Ita early consummation At the head of It te a gentleman of long experience In the construction and in the operation of mountain railways while associated with him is some 01 the wealthiest talent In the State While the link has boon projected ever since it became apparent that the Blngham Copper and Gold Mining company the United States Mining company the De La MarWall group the Columbia and others upon the route must have an outlet for their enormous tonnage of the future the inability until yesterday yester-day to obtain a desirable concession from the Rio Grande Western has Interfered In-terfered with Its crystallization This disposed of active building may now begin The route or the main link In it is already provided for by that clause In the agreement between the Rio Grande and the syndicate which concedes to the latter the roadbed over which rolling roll-ing stook of the Old Jordan tramway is now operated The now line however how-ever provides for a standard gauge and the roadbed will be extended oC course to meet Its requirements From this main artery laterals will be extended ex-tended the flrst to be to the Bingham Copper and Gold companys loading station and the new line may be ready to begin the hauling ot 300 tons dally from Its mines as soon as the signal Is hoisted To reach this point main Ulngham canyon Is to be spanned by a substantial bridge that other traffic may not be Interrupted and on this work will commence at earliest day possible t The construction of the proposed line which will cover three miles at the start and Its equipment Is not 1 going according to the projectors to entail a cost exceeding G5000 and already al-ready the money for the estimates has been provided for Steel ore cars with locomotives such as ply between Fair field Junction and Mercur have also been provided for and contracts for the grading are promised next week Connection with the mines of Blug ham through an artery such as Is now to be established is a consummation to L which the miners oC Bingham have long looked forward It must afford a more economical outlet for the vast tonnage i of ore which awaits the iron horse while the cost of upgoing freight must be correspondingly reduced The Trib une hsw been requested to withhold the I identity of those who aye to build the t1 line for a few days but that they will build Is assured Mammoths Dividend Today The Mammoth will today post Its regular monthly dividend of 5 cents a share or 20000 to be distributed on November 1st said President Samuel McIntyre ycscterday the payment of this sum swelling the total to 51770000 of which sum 5200000 has been passed around since January 1st last The Centennial Eureka will today distribute its quarterly dividend which was recently reduced to 550000 that a fund may be provided with which to pay for the proposed reduction works I The payment of this dividend increases the total for 1000 to 250000 Strike in Eagle Blue Bell Bell The local ofllces of the Eagle Blue Mining company are in receipt of a report from the management of the companys mines at Eureka which in dicates a most important strike The author of the report says along the cross fissure which the management lias been following for some weeks a breast of ore seven feet between walls hasbeen uncovered that shows average of 5iO per ton These results an liavc been expected daily for some time I and that they have been realized mi ning circles generally will rejoice FU1I particulars will follow in a few days when the directors will leave pie the new find to sam Altas Winter Campaign The arrivals from Alta all report ar jringemenLs for a campaign of Uj there during activity the winter months that Juis not been experienced since the palmy days of the old Emma and Flag Btnff and nearly every cabin within now has It a stock of provender and I plosives ex L that must carry Its occupants through until tho roads are next season A reopened Salt Laker just been who has making an Inventory at the camp reports the Albion fprce of twenty employing a ti men with ore in four exposed places at this timeandsays t impression the at the camp is that the a mill for concentration of ores that under the are just present ed ih market will be erect the tl1e5pring At the Grizzly Man ager Wallace has a small force of working men upon filch extracting show ores that over 20 I per pe cent the Cfty Rock copper while Darlington Chief Highland Valeo and Grizzly Flat Regulator all in are each three to a half dozen working from Rough miners At the I and Ready Montezuma Ohio Rivifr on Emma hill and jnents will continue drjvelop while at the Rustler through the winter on Iris hill men are taking two out a nice vrr and lead quality of sil ore The Columbus Owned byTrltz Retlch is being under an option worked by al while work will Tony be Jacobson et through the winter prosecuted on the Prince and Frederick Crown Ore and Bullion Settlements The day in the ore and market closed bullion with amounting to 05420 settlements lows divided as fol Bamborger IcMIhIano1d lead and Gold silver copper ores 58120 McCornlck Co Mlngo 3900 gold silver lead and bullion ores 19800 I copper T R Jones Co CoGermania 12000 bullion gold silver lead and ores 18000 copper Commercial National bank silver ankGold I and lead ores 3300 In the metal market silver other advance and made an cents climbed up to C3 ½ an ounce with 4 lead ruling at 4 per hundred pounds and copper at 15eents pound casting I Yankee Con and May Day I Manager Egan of tim Yankee Con oJdate and Saorofary Wiihlonhrnok i t I of the May Day leave for Tintlc tonight to-night for the purpose of determining the whereabouts of the new ore body over which so many vicious stories have been circulated Should these ofilccra fall to decide the question the matter will be referred to an engineer The ofllclals of both companies Indignantly In-dignantly resent the malicious fabrication fabri-cation put forth by an Irresponsible scribbler on the Main street organ thai a lawsuit was Imminent or that it has been contemplated at any lime |