| Show = = EAUFOF1NI9S ORE BODY Fourteen Feet of Ore Going High in the Metals Ii WIDENING WITH ADVANCE Will Ship Fifty Tons of Concentrates a Week Miners Dream Strike Is Proving Up Strong Strike in the Old Hidden Treasure Rich Oro Prom Arizona DeepShaft for the Honerinc Working the Big Indian Probable Ontario Dividend Today Tonopah OutpUtimU Notes California I management of the The companys properly at Park City is I less of no reveling over the presence of a sampling than fourteen feet of ore average of 35 per which reveals an I sliver nearly 1 cent lead J5 ounces I Charles H zinc gold and 35 per cent who Getsch manager of the property brought particulars oC the develop Important ment characterizes it as the most been made in the that has portant as j property while the body fs widening down work advances What he came the manage Impress upon for was to the enlarging for ment the necessity mill and to that end another Vllfley purchased With table wan yesterday four of these machines In the plant Manager Oetiich says he will turn out fifty tons of concentrates a week following in dividends for lowing It with money from the a short time A picked sample now body which was seen yesterday resembles the last ore marketed by the California but no attempt will be made to handle It other than through the mill I The Strike in Minors Dream Reports nil indicating developments of most sensational nature continue to arrive from the Miners Dream at Blng ham i while samples brought In by the management yesterday emphasize the story that the ores arc as rich as any ever uncovered in the camp It Is a grand property said Capt McVichlc who exhibited the samples showing a black oxide of copper with every Indication Indi-cation of sensational values in silver without reference to the auriferous features indicates that it lures and everything will become one of the most productive of the big mines in the big camp When he withdrew from the property the drift by which the new strike Is being developed devel-oped was in a solid body of ore with nothing to Indicate the distance between be-tween walls and to determine this another an-other crosscut will follow In few days The campaign of development Is to now be extended Into the Brooklyn group with which the mining engineers who passed upon it are so favorably impressed Im-pressed and where large ore bodies from which a handsome profit Is promIsed prom-ised at the Bingham Con smelter have been long standing Hidden Treasure Strike Brig Hampton who has been inspecting inspect-ing his interests in Dry canyon reports a most important strike In the Hidden Treasure group which is being operated oper-ated at present by T R Jones and others on a lease and bond with some of the ores running very high In silver and lead with some copper and gold The Hidden Treasure Is one of the oldest old-est propositions in the locality and informer in-former years was productive of a great deal of ore Rich Ore From Arizona From the property of the Arizona Copper Mountain Mining company the control of which Is exercised by Salt Lake talent there came a lot of ore yesterday yes-terday which compares favorably with the best that has appeared on the local market The group is located in Mojave Mo-jave county Ariz and as the old Red Cloud was operated quite successfully eighteen years ago by lion Aqulla Ne beker At that time he sent ores to the smellers 6f this valley that marketed on controls showing as much 51 percent per-cent copper per ton and subsequently equipped it with a blast furnace by which the highgrade ore was reduced to copper bullion and forwarded as such In 18S3 came the demoralizing drop In the copper market that fell down to S cents on the failure of the French syndicate to control it and the shutdown of the Red Cloud fol lowed Passing Into the hands of other parties a company was organized In this city last year since which developments devel-opments have been progressing with the Bluebird Mining company of which Dr Franklin is the president owner of a largo block of shares The latest lot of ore from the mines will be sampled today and although the haul to trans portation Is over a distance of 130 miles the present consignment will be lot lowed by another in short time Deep Shaft foe Honerine c With nothing to conflict with the pro gramme the collar of a triplecompart ment shaft through which the riches of the great Honcrlpe of Stockton are in future to be raised Avlll be located to day with the breaking of ground lg t follow at once To that end Manager C H Scheu accompanied by Walter G Filer will depart for camp this morning In the breaking of ground ior this new opening Into the enormoas ore bodies of the mine flue gentlemen I to whom the camp Is Indebted for the reclamation of the old bonanza taking the first step In the economic are equipment of the projwrty It Is hi Intention to drop down from a point that will make no water until the chutes havo been tapped The shaft will also Yn > provided with the latest machinery for the efficient handling of great volumes of water and with hoisting plant in keeping with the a enormous output which is promised the management by Working the Big Indian Winter operations at the property of the Big Indian Mining company in Grand county will be confined to the opening up of the main fissure whioh was encountered there during the mer and in which the carbonate sum of Is cop per being replaced by thu uulphlden for which the company ban been o long searching Simultaneous most with this of Important change the character the ore water made Its the latter almost appearance as valuable In localltv na the j un us equivalent volume in I Manager Jack ore Skcwes who will for leave 1 camp in a few days Is pleased Very much with the outlook I the there while r company will in a short time its place order for the plant with enormous which the J is to bo treated quantity of carbonate oroo I Ii I i Astonished at Carisa Lew Jeffs manager of the Wolverine companys i ban property above Park returned after Cliy j an ttfe Carlsa and Northern examination of I and over the Spy ot Tlntic found them underground condition in which he 1 astonishment In expresses his 1 the Jeffs Carlsa alone Mr says he out to keep the saw ore unough blockid I I management hoisting jjjoujojePtjjnaernenYhoIzLln the present tonnage for two years and with the average among the best alas a-las seen In the great camp In th i Northern Spy some very cheerful developments de-velopments are being recorded and the property throughout is in excellent physical condition MORE STOCKHAMMERING Raids on tho Active List Were General Gen-eral and Effective the mining exchange The days output on change was reduced to a total of 92250 shares of stock for which 3116088 was paid At the morning call 45500 shares were marketed for 3044550 at the afternoon af-ternoon call 4G750 shares for 2071533 The hammer was again used with terrific ter-rific violence and the result was another an-other picnic for the bear Ajax came in I for a pounding that took the last vestige ves-tige of defiance out of it as did Carlsa although the latter Is at present putting out a larger tonnage and earning better bet-ter results than ever in Us career But the former went tumbling back to 113 i a milepost with which it parted many ago the latter back to C cents ijioons Uncle i below the subscription price Sam treated Its Hock to a dash through the chutes and subsequently to stock at 150 while May Day was released at 123 and South Swansea at J7c with but three silver dimes held out to It at the close Sunshine found another customer for a single lot ut 10 cents while Boss Tweed Was traded In around 48 with Ben Butler quite eagerly sought around 1S4 while a single lot of Yan 1 kee Con came out to a bid of 450 and then marked Itself up to LGO Manhattan i Man-hattan which has been doing some very j active business during the past few < I weeks and which promises to wake up I one of these line mornings with a new crowd in control of It supplied Its ctis j tomers with another lot I of 11000 while Victor was steady around 554 and Star Con at 35 cents AFTERNOON CALL The bears were vicious during the afternoon af-ternoon and followed up their work wlih mutilation of the most barbarous brand The raid was renewed when Carisa was reached and it was hammered ham-mered down to SlVfi while Tcsora was marked back to 59 cents with 200 Galena Ga-lena of Fish Springs changing hands at 25 cents Uncle Sam on a report that the sale of the South Humbug and others was yet in doubt and for which there was no foundation whatever was i sold down to 14G > 4 while 22000 Manhattan Man-hattan was wiped from the counter alI 141 516 cents DaltOn Lark aS given shelter for a nIght or two at 1 t cent while Ingot sold up to with iIay Day receding to 123 and Tetro to 293 with the day closing on th following market MCali P 1sf Call I BIth lAkCdhi DIII iAskcd Anchor ibb co s Ajax 1lz i3 110 115 Aibidn I tAlico t BullionB 2CdJ 310 200 Boss Tweed 47 Black Jack 1O 163 Ben Butler 1S 1S 17j 1S B Do L M Carisa ilS3 119 Century 3J0 3O 303 310 Congor Con Mercur 22l 232 22I 232 Daly 210 245 175 Z7J DalyWest 55 t50 3175 3510 Dalton L 02 00 02 Daflon 03 01 Dexter 50 100 524 1D Diamond Emerald 20 B B Bell 1 101 102 103 Galena 5 30 Gd Central 3E0 450 32o 4tO G Eagle 02 02 02 02 Horn Sliver 165 215 150 275 Hoinestake ingot o o 01 02 Joe Bowers 06 uu 0u GG Little Chief 15 KremlIn L Mammoth 260 273 251 256 La Reino o s Mammolh 150 10 140 180 Manhattan 011 01 516 0114 01 Iay Day 127 127 ½ 122 12 E crI Li Light 02 ½ 03 02 03 OntarIo I 1025 I2f 1000 1200 Ietro 15 RichAia 24 32 RoccOHOme 50 90 40 0 RGW Sunshine 00i4 103k 05 Uj Swansea I is 240 200 230 So SwanseaJ 30 10 I 3 50 Sunbeam I Sacramento 17 19W j5iL 20 Silver KIng 8500 Star Con a5 4 34 35 Showers Con 07 Silver Shield 01 03 01 03 Tetro Z0 3 2l 30 Tesora CO 65 c4 60 Utali so 70 70 Vaico iS 25 I 1Si 27 wr it Glory 0I 05I 013k 05 Yankee 440 44 150 500 Uncle Sam 1491 151 145 146 tor 55 ½ s OPENING SALES Ajax 10 at St7 ½ seller ten days 100 at 117 Sf0 at 117 buyer ten days 100 at IW ItO at 110 100 at 116 buyer ten days 100 at Il5 100 at 115 100 at i15 200 at l151 600 at 116 100 at li4 300 at l14 100 at 114 100 at l14 Sc at 114 500 at 114 buyer ten days 100 at113 Sf0 at 113 400 at 1134 100 at 1l24 Sf0 at 113q seile ten days Carisa 3c0 atSi2P 100 at 120 500 at L20 5 at I19 110 at 19e 200 at 119 100 at ll91 May Day loco at 81274 800 at Si 27 E00 at 12 IGCO at 126 2t0 at 125 300 at 125 ISCO at l2G 50 at 1000 at 127 buyer ten layS 1SCO at 12 500 at lbuyer ten days 100 at 127 South Swansea 100 at 3c Star COnsoildateti IOu at a5c 100 at 3c Sunshine 300 at lOc Uncle Sam 500 at 8153 ICO at S1IL at i5l 1300 at S153 seller ten clayi 100 at L52 IQOat l52 100 at i51A ii0 at 151 100 at 5i30L 200 at 150 Ben Butler 100 at 17c 100 at 17c 4000 at lS3c lOOu at 1Sc seller ten days 4Sc Boss Tweed 200 at 4Thc 1C4at 48c 100 at Manhattan 11000 at 14c Victor 100 at 57c 21CO at G6c 2000 at MUC Yankee Consolidated 100 at J150 Shares old 43500 Selling value 53041550 CLOSING SALES I Carlsa 100 at 5120 ICO at SllOM 100 at JUSV4 200 at JllS i EOO at US 10 at J11SH 700 at 11S GOO at 11734 COO at 117M i seller ten days 10 at 11741 200 at JU73 50g at 117i seller ten days 100 at Dalton Lark 4000 at Ic Galena 2CO at 5c Ingot 10CO at 2c May Day COO at 127 buyer ten days 200 at 51261 CW at 120 200 at 125 200 at 125 100 at 124V GCO at 121 ItO at 123fc 100 at 512iyjllOO 1 at S123V4J 500 at 5123 seller ten days J5CO at 1 C3t Star Consolidated ICO il 35c Tesorsi 100 at0lltc lOO at Glc 1CCO at 60c 5 at 62e SO at 50c 100 at 30c Uncle am Q0 at 1I9 led at 117 i2C at 147 100 at 14 IC at 14C 0 147 buyer tn dayn 200 at 146 Ben Butler GOO at ISc Manhattan 120QO at H4c 10MO at 1 5lCc I Tetro SCO at 30c ito at 29c Victor 1000 ut 55c 100 atKc Shares sold 45750 Selling value 1 71533 ON THE STREET DalyWest again succumbed to the terrific pressure imposed upon It on the curbstone and accommodated the nhorts with a lot of 100 at 35 flat while 5000 California was dealt In at 119ji < 11G and back to S12g with 500 Uncle Sam coming out to a bid of S115V4 May Day released a lot of 500 at 112 with 500 Little Chief bringing 20 cents the blotters Indicating the transfer of CCOO shares of stock for 1098275 The days sales on curb and exchange numbered 93850 shares that 1 SG2013G3 brought Coppers Wore Upward ITUIBUXE SPECIAL Boston Mass Oct 11The upward movement In the copper share market which started early in the week con tinued today displaying a very firm undertone There was considerable selling by people who bought at lower prices who holleve in taking profits Amalgamated at times had the appear ance of manipulation The oalancToC the list italic not especially active showed a good degree of firmness cbs llnsr strong Hornblower T wicks I brokers 53 State street Boston ami 10 I Continued on Paso 7 FoiiiAs LIRE BODY Continued from Page C Wall street New York furnish tho fol lowjng quotations Sales Illuh Low Close nal 11100 3037 SS75 59 4 I run 300 3150 i 3100 3100 Cochltl A 4 lCO 375 > 3700 S500 01G 2300 2300 2500 VnlteAStates T iS75 17EO 1725 17 50 f n r IIP uOO > 4 O Mohawk 1115 1CLO l 4iUO co CurbBoston Navaho Prices for Lako Copper TRIBUNE SPECIAL I Boston Mass Oct 11 Prices for copper have been advanced about lake nr nolnis and the closing price for spot cie was 163t1T cents This change significant owing to the persistent wis talk recently about prices being marked down There has been a somewhat larger Inquiry for copper and some large contracts have been made at good prices which warranted the advance There Is a scarcity oC spot stock the output of tho chief producers for the balance of the year beIng under contract con-tract Ore nucl Bullion Settlements In the ore and bullion market the days settlements reached a total oC 75500 divided as follows McCornlck t Auracyanides 515700 gold silver lend and copper ores 79QO T R Jones Co Germania bullion SS0700 gold silver lead and corer ores 21500 In the metal market silver ruled at 67 cents an ounce lead at 390 per hundred pounds and casting copper at 1 cents a pound Ontario Dividend Today The treasurer of the Ontario Mining company from his olllces in New York will today according to advices from the East announce the regular dividend divi-dend of 10 cents a share or 15000 tha distribution to follow on November 10th In the meantime It is said that the surplus which has always been a robust ro-bust one Is being added to each month and that an extra dividend will be passed around in December Is ti concession con-cession for which not a few are waitIng wait-Ing Ingliocil r Local shareholders In Centennial Eureka Eu-reka arc waiting on their checks for i 50 cents a share or 30000 that were mailed out of Boston Thursday Output at Tonopah John P Anderson president of the Tonopah Mining company left for Chicago Chi-cago yesterday where he will confer with J3astern associates upon the future fu-ture of the companys most remarkable property at Tonopah Nov The net earnings of the company for the month ending October 3rd said air Anderson rose to a total of 102000 and yet tie facilities for moving the output of the mine are most Inadequate while for the month ending November 3rd next It Is estimated that the earnings will bo swelled to a total of 150000 Exchange in Butte Robert D Grant owner of the Sioux and Utah mines at Tlntlc that are now being prospected under a 500000 option by Col E A Wall came down from Butte yesterday and reports much interest in-terest being manifested in the organi 7atlon of a mining stock exchange on which not a few of TJtahs active traders will be listed While investments invest-ments by the Montana plunger in the securities of this State have been quiet not a few have made their way Into the Brest copperbearing camp and the feeUnKT toward the Mormon list as they are characterized IB avery fri rid ly one Mining1 Notes Manager P T Farnsworth of the Horn Silver left for that Frisco property last night Needed repairs at the Taylor Brnn ton sampler prevented Its turning out tho usual avalanche of ore yesterday Mnnagcr McVIchlo ot the Galena King leaves for that Stockton property to measure up the new strike this morning The assessment of cents a share on Albion of Alta and of 5 cents on Bullion Beck tunnel of Tlntlc became delinquent yesterday G A Duncan Is expected from Boston next week when something definite on the future of the Overland of Sunshlno Is expected A V Taylor has gone north In tho In terest of the Lost River Power company and other business matters and will abqent himself for two or three days W C Cojcmun has returned from Con tact Nov and verifies the report concerning con-cerning developments of chopper In the Brooklyn group Ho predicts a great fu ture for the camp I Messrs William ITatilcld and John C Sullivan have returned from Beaver county where they have been making an examination of copper prospects and are awaiting the result of assays before passing on the proposition The eagerness with which the subscrip lion list opened by the Franklin syndicate syndi-cate on the South HumbugSalvatorAn acomla purchase was sought by Investors yesterday afforded splendid evidence of local confidence In those who constitute tno syndicate J p B Fleming who has accepted tho Fupcrintcndcncy of the Tesora mill has taken charge of the plant and promises oojnc very Important results within the next thirty layS lie has no doubt of his ability to greatly Increase the per centage of saving on the ore and looks uj > on It UH a very simple undertaking A shareholder In the Golden Eagle of Nevada yesterday volunteered thoIn fl formation that It is from an Idaho prop erty of the naino name that the high grade gold ores arc coming onto this market and that tho former Is now In custody of a watchman only The dis covery la unfortunate for those who have been cherishing certificates In the Golden Eacle of Nevada |
