Show if NOTICE OF CUT IN LEAD j i manager Jones Sent It to the Producers Yesterday L IN EFFECT NEXT WEDNESDAY L Ore Settled for Copper Tho Majesties on the Basis of Over Forty Per Cent 1 in the Bed Metal Tlia California Preparingfor an Active Campaign Favorable From tho Shower Con Silver Dividend of Ten The Horn F1 Cents Water Trouble Adjusted at Century Mine attains Notes j T K Jones the manager bfthe American Smelting and Refining company com-pany yesterday sent out notices to all shippers to the effect that after January settlement price of I ary 1 1902 the lead would be based on New York quotations of 350 per hundred pounds less the usual deductions Majestic Bich Copper Ore A B Lewis the president of the lUaJcstlc and Imperial companies now JI operating at Milford stated yesterday IJj that the nyc cars of amounting to ICO tons recently shipped from the OMaJestlc averaged 1009 per cent copper cop-per At the present price of that njetal this gives a value of over 3 9200 Tho last shipment sent In on Tuesday was of 137 tons and showed 41 per cent copper and 7 value in gold and silver This Is practically 95 to the ton Mr Lewis states that development work will keep right on at the mine but he thought shipments would cease till after the price of copper cop-per was settled Californias Active Campaign The management of tiro California ia preparing a very active campaign at that mine Yesterday manager W I Snyder sent out checks in payment for I the adjoining claims recently purchased pur-chased The checks amounted to 15000 and went to IA P Ferry the McLaughlln estate and J H Keatley The claims purchased are the Hope li I the Empire and the Aurora and their I addition to the property already owned I by the California company makes What is considered a valuable piece of 11 mining property Manager Snyder reported I re-ported everything in good condition at I the mine The addition to the mill is J expected to be completed in a few days 1 Tile Shower Con Henry Jonea the superintendent of I the Shower Consolidated was In the city for the Christmas holiday He reports most favorably as to the development de-velopment work going on at that property The development work is now progressing In the crosscut from the 600foot station The workers are now In a distance of 120 feet and it is thought the vein will be readied in a few days The big new pump the new hoist and the new boiler have all been I installed and all the machinery is working perfectly r > The Horn Silver Dividend The Horn Silver Mining company Is to pay a 10 cents a share dividend In F the way oC a New Years gift to the stockholders A dividend was expected ex-pected but no notice of It has yet 1 reached the local office But it was thought at the office that the report I of the 10cent dividend would prove l correct This will mean the distribu tion of 40000 and this with the 32 OOp previously paid brings the total for the year up to 72000 and the grand total since the mine was opened up to zZi2OOQ I Water Trouble Adjusted Percy Williams the superintendent of the Century mine left for Park Val ley Thursday night He Is of the opinion that the water trouble at the mine Is now adjusted that the mill will give a good account of Itself from this time on and that the property will be paying dividends In six months He states also that there Is sufficient ore blocked out in the mine now to keep the mill going for two years Ore and Bullion Settlements The ore and bullion settlements in the local market reached the total of 53900 yesterday as follows W S McCornlck Co CoSjiver and lead ores 11800 T R Jones CoOre 24800 bul lion 17300 The local metal quotations were Copper 11 cents silver 55 554 J lead 340 cents The Annte Lauries New Ore The Annie Laurie people are feeling jubilant over the returns from the new ores from that mine just assayed The ore from the face of both drafts No C and No I Is running 100 In values as shown by the report of the as eayer Mining Incorporations The Payette Gold Mining Milling company filed articles oC incorporation hn L9 the County Clerks office yesterday nrlje capital stock Is fixed at 50000 Mxenretsented by 500000 shares oi the VaUie of 10 para par-a cents each The officers e pels D Woodruff president John JHodson T tlitidHDn vicepresident Charles ID secretary and treasurer The company owns the North Star iSVIta Buena Belle View i iin the West and Bell Air claims lounty Ida View district Boise The Orphan i Boy Mining lied articles of company 7ounty Clerks incorporation in the rapkallzatlon of offlcej yesterday with a 30000 100000 represented shares by of stock f 10 cents of the par value each D Williams The ofllcers are W president S E Potts icepresident 5 reasurer and Charles A Doe > any owns the secretary The com 3oy Orphan Boy Orphan Nog 1 and 2 3va Williams in Eldorado and Little leaver county the Star district Brooks for Grand Central Ncphl Utah Dec ho big mining tlhe trial oC1 case of the ral vs the Mammoth Grand Ccn ore Judge Marlonaeux was resumed he oday Cluivlcs P and the jury Brooks hc who was witness on stand cstifylngr to map i nil day yesterday surveys Ilnlshed his ro8Sexanlnatlon fternoon there at noon today This were four xamlned They witnesses were J P nrveyor who Brown lade K H Officer testlflcd aa to surveys and J W esayers 8th Curry nlmage us to assays and Prof J 13 he Gmnd Central samples taken front lalms and Mumrnoth |