Show PLUTOS IN SYNDICATE Salt Lakers Buy Group for 75000 SURROUNDED BY BONANZAS Martha Washington Directors Refuse to Resign and Stockholders Declare for Legal Fight Professor Palmers Pal-mers Report on the Vulcan Hon Alex H Tarbet Returns Important S Impor-tant Strike Reported in the American Ameri-can The Strike at Ely Nevada Mining Notes Ii I i The Plutus group of mining claims located In the very heart of Tlntlc mining district and with a network or bonanzas surrounding It yesterday passed Into the possession of a local syndicate which made the Initial payment pay-ment on a transaction Involving as much as S75000 The group which I V consists of the Plutua the James O Blafne the Marion and Mahogany and embracing fortytwo acres over which there has been the most spirIted spir-ited rivalry for a year or more Is surrounded sur-rounded by the Mammoth the Grand Central the Godiva Uncle Sam and Humbug and as a block of territory upon the main zone begins Its career with all kinds of possibilities For years Its owners consisting of Bal I thazer Christensen and his associates have rejected the most tempting offers of-fers for while < they have not had the means with which to open it up them sclves they have never relinquished the bcliof said Mr l Christensen yesterday S yester-day that from the group would come the longcherished stake They have I driven a tunnel Into the group along I I I the strike of thi great zone that extends ex-tends from the Mammoth on the south S to the Uncle Sam on the north and while the ore body has not been encountered en-countered they have succeeded In opening up a welldefined and highly S mineralized vein With the passing of the territory Into the hands of a syndicate syn-dicate In which Is Included Clarence S K McCornlck Joseph Farren D IT Peery Jr Congressman Sutherland S and R G Wilson however abundant I means with which to open it up and if unlock Its riches are assured Mr Christensen Chris-tensen and his associates in the meantime I mean-time retaining an Interest A careful examination oT the property prior to I yesterdays Initial payment convinces the gentlemen who have finally suc cccdd In bagging the group that It ris the foundation for another of Tln tics bonanzas and no time will be lost In demonstrating IL Mr Christensen has consented to take the superinten dency of the group and with his experience ex-perience good results should soon be recorded Ore and Bullion Settlements In the ore and bullion market the week closed with settlements amoUntIng amount-ing to 1369265 as compared with 125 43C for tho previous one The observance observ-ance of Pioneers day on which the sales of ore were suspended helped to reduce the settlements while not a few of the managements blew the whistle and permitted the forces to join in the reign of folly for twenty four Jiours In addition to the settle nfents Irf open market the manage mont of the Highland Boy forewarded the usual volume of copper gold and sliver bullion while the Bingham Copper Cop-per and Gold Mining company sent out S a steady tonnage of copper gold and silverbearing matte the volume lOt which la not released S The days settlements In the ore andS and-S bullion market reach a total of 60950 divided as follows Commercial National BankGold sllver and load ores 7750 r McCornlck CoGold sliver lead and coppVr ores JS100 T R Jones 8 Co Germanla bullion 14100 gold silver lead and copper ores 37000 In the metal market silver ruled al RSM cents an ounce lead at 390 per hundred pounds and casting copper at 15 cents a pound THE MARTHA WASHINGTON y Directors Refuse to Resign Stockholders J Stock-holders Will Bring Suit The directors of the Martha Washington Wash-ington Mining company who with the exception of President Bartch wero aslced for their resignations by the dissatisfied shareholders a week ago S twJll not abdicate This ultimatum wai Broached at a meeting of the board yesterday yes-terday morning At 2 oclock It was r spread before the shareholders who r were again gathered In the mining exchange ex-change The document was not a lit tie defiant It informed the share holders that the request for resignation I had at mooting of the bodrd during tho day been given all the consideration consid-eration which It way doomed that such a request was entitled to Any further pj action upon it was Indefinitely postponed post-poned In reading the resolutions Olin which the request for resignations was clad we were says the board strongly Impressed that the sentiment expressed therein seemed to be based more upon the personal grievance of some members ot the meeting against Home one or more of the board of directors than any business grievance against the entire board and deeming such tobe tho fact the board docs not consider that such resolutions contain I anything which properly comes before I the board of directors as personal grievances Hhould bo adjudicated and I S I deposed of m a manner other than I by a board of director I It was accordingly resolved by said I board of directors that they decline to comply with the request That In the conduct of the business of tho cot f 1 poratlon they have always acted In Good faith kept In view what they bc llcv Hl tho best Interests of all tho S Stpskholder all moneys coming Into t yMr hnmlB hove been carefully and 5 prudently expended etc That good resultH so far as It was within tho bound of possibilities have resulted 1 L from such expenditures what they arc doing now as a board of directors In the management of the corporate affairs of the Martha Washington Mining company III 1 done and will con tinue to be done with the right spirit and In good faith and with the same purpose In view They now here de clare and deny that anything was done 4 by Mid board of directors or any mem her thereof which was not properly and legally I to be done by them If any stockholder thinks otherwise he hns his legal remedy Thoac prwacnt representing about 1 S JQSOOO shares after listening to the reading of tho hoards rejoinder de cided after some dlsoututlon to curry the matter Into the courts and to that end appointed a committee to retain L counsel It is proponed to prevent the t nrewtnl board from the making of any fc contracts or collecting tho aa 8ment JL f S of 3 cents which was recently levied A The Vulcan Sodaville iProf O A Palmer who with others hag Juat completed an examination of the Vulcan group of mines at Swlavjllo Xov said ycaterday that sInce March last the management has added no less than 50WO tons of ore to the great vol I ume previously exposed and that the whole will maintain an average of 6 per cent copper with fractional values In silver and gold The ore occurs in the form of a sulphide easily mastered In the furnace and as soon as a plant for Its treatment Is provided should be made a source of steady revenue and corresponding dividends With the manner In which the domain has opened I up he Is very much pleased and by him It Is viewed as one of the great possi l bilities of the future I GOOD WEE IN STOCKS The Market Held Up Well Under Very Heavy Sales The week on the mining exchange closed with the sale of 375972 chares of stock for which 28655937 was paid the day which was confined to a single sin-gle session with the sale of 12875 shares for 3907187 While the week had Its ups and downs the bulls were generally in the attendant Ben Butler But-ler proved the only pronounced ex ccptlon and this was directly attributable attrib-utable to the withdrawal of its forces from the scopes rather than to any weakness on the part of the ore bodies pending the result of litigation On tho contrary the breast of galena recently exposed was never as I cUb AJax In Its tricky way treated the talent to a pile of scalpy while tht management was proving up strike no steen and then closed on a bid of 174 ½ whie May Day which passed Its dividend because of the Inability of the directors to rally a quorum moved quite stead I I ly from 150 to 170 and closed Its performances formances on a sale at 162 Uncle Sam that had been extremely accom i I modatlng and which had taken in a t I number of new faces at reduce tgI I I urea came forward at the finish with an exhibition of strength which took It to 218 although the curbstone had done better for It while Lower Mammoth j Mam-moth with a Niagara of ore pouring I Into the furnaces of the Bingham Copper I Cop-per and Gold Mining company rallied and from 366 advanced to a95 Te i sora nc was weak and nrpe of moving I I ahead on reports from the I concenlri I tot which Is behaving with the obedience obe-dience of a ploneori closed an offering I i at 107l while Con Mercur which changed hands at 3 on Monday was a i sickly offering at 285 with but 265 Ito I-to be had for It yesterday Tetro gave I i the plunger who loaded upon Monday a run for his money while ret Morn I 1D Glory which climbed to 8V cents during the week and slipped back to 6 cents closed an offering at 6 1 cents j J La Brine which Is now ploughing Its way through a strip that promises to open up Into UIP Humbug vein went I all to pieces und sold down to 30 cents while DabWest wa handed out at 12 and cloned with those figures an ¼ e1 Ontario did a little business around 10 and closed with but S7n to be had for it while Century of Park valley which comes very near dictatIng I dictat-ing Its I own market was marked up to j 325 at the close While there were j plenty of orders abroad for Yankee ICon I-Con with instructions to buy up to I 520 it refused to budge at less than 530 at the finish while Grand Central was an offering at 3 and Mammoth at 232 Joe Bowers continued to do busIness I busI-ness at tho old stand while gathering J in an assessment of a cent a share or I 7000 preparatory to the reopening of I the campalcn while Sacramento I I Hi ca pal1 < i u 3 < d Ii gt I which i around 30 cents during the i week was marked up to 3n on the announcement an-nouncement of another 5000 dividend As a rule stocks generally behaved well under the weight of the weather and closed on ite following market Bid Asked Anchor 2SO S AJax 174 175 I lblon 60 Alice 10 50 BullionBeck 2iV BulIonBeck Black Jack 150 I Buckeyo 60 116 01 1 Bon Butler lti ½ 17 i I Boss j Twood 25y i Centennial < Eurekat2500 I Congor < 20 Con < Mercur J 6 2o5 1lercur 2 2SO 323 Creole 2 1 37 Diamond 0 30 Daly s 211 233 DalyWest 1 S3 4200 Dalton Lark 0 Dalton i 07 0 Dexter 50 s Emerald Ill 15 I Eagle Blue Bell S3 125 Enlle Buo Galena 18 30 Grand Central 0 500 Golden Eagle OJ 02 Jh Horn Silver 130 163 Siver 01 ½ Honvpttiko 01 Ingot 02U 0 Joe Bowers OoVi OGVi Llltlo Chief 10 19 Little FHtiburp 0031 on Low r Mammoth 391 396 La llclno 30 So Mammoth 2 232 Manhattan 00i 0 May Day t 162 162 Martha Washington 03 oH Northern Light S O < I Ontario 875 1000 Petro 12 RichmondAnaconda 27 S RichmondAnnconc < O1 Sunshine 20 I Swansea s 2SO South Swansea i fsz Sunbeam SS IT Sacramento 32 = I Silver King 7650 S300 SIer Consolidated d IK JS Shower Consolidated r 20 Conoldrf Silver Shield 01 ½ I Tetro 17 IS West Morning Glory OTJ 1 < Wft To oni 107 10714 Utah < 63 SO oleo 19 M Yankee 500 530 Undo Sam 217 v 218 TUB DAYS SALES Transfers were recorded as follows at the closing call 1jnx lC at i7i31 15 at 1 j31 5 at 17 20 at 1 10 at 1i 10 at L7425 i G at 1i3 10 aL 2 20 It 173 Jw at i73 j 0 at 174 0 aL H5 iuyer ten days 3J at 175 l DalyWest 76 at t12 lowir Mammoth 300 at J3S5 10 at 1 lowlr 10 at J380 200 at 300 10 ut 890 10 at 191 ½ 100 nt 53M I 100 nt JM May Day 30 nt it0 10 at Jl lt0 300 at 161 100 at UC2 Tcaora 0 nt S106 0 at SlOCft m at HOTVi or 100 nt JOt 10 at atlo Undo Sam 20 j at 216 COO at J217 O at f21S 600 at 2lTz 100 at 217i 200 at i2 18 1h Boa Butler 0 nt WAc 27M at 16c 3500 at ICVr 1 at 17c lOCcj at 16c Dalton 0 at 7c COc 3a Rclno 500 at 35c 500 at 32c 15qp at Martha WnshlnRton 1000 at 3c Tjtro 500 at 17 > 4C West Mornlnp Glory 10CO at 6c 1000 at Cc 1500 orlnp 1000 at 634c Shu rex Bolt 42S73 SelllnR value J39071S7 ON THE STRER1 The magnetism of the baHflold again proved too much for the curbstone and the afternoon closed with trading confined to 5725 shared of stock for 11 r ot which SM05 was pale Uncle Sam Opened shop with n lot of 1000 that sent It back to 210 while 2000 Ben Butler was shorted at 17 cents with 1000 1 lllng at 17V spot and 500 AJax going at 175 pending news from the next shift which cornea oft at midnight mid-night after which the mine Jl be closed down until Monday A lot ot 25 DalyWest was pa jcd out at 12 white 200 Lower Mammoth changed hands at 3S9 and 1000 Dalton of Marysvale at S cents The days sales of curbstone and L exchange amounted to 4S600 shun that brought H47187 The week on curbstone and exchange closed with I the sale of 413207 shares for which I I tt319 was pnd Decline in Calumet TRIUUXE SPECIAl I Bon Ma Hr July iThQ feature of the copper market was the decline In Calumet of 30 point to 715 with a I later recovers to 7SO which It nt j tributed to the unfavorable Impression Impres-sion made by the annual report there I was little life to the copper list In Jcn oral although the undertone remained I J firm The market closed quiet Horn S j blower Weeks brokers 5 State street Boston and 10 Val street New York furnish the following quotations Sales High Low Close Amalgamated S50 11375 11300 511300 lJO Blnghfun 2150 2060 CochltJ bO 4 S DaIvVest 54W Utah r 2000 20 United States 17121A 1700 Morcnr 3CO 210 2r Mohawk 250 O 0 42CO 1 I Turb Boston f100f400 Nnvnho 1ZO I Con Tilcrcur ilill a D2leh i l Accompanied by Messrs M M Armstrong I Arm-strong and H H Thompson of New York Manager Gilbert of the Carbonate Rattler Mining company yesterday visited the mines and mills of the Con Mercur Mining company at Mercur and while they were prepared for a revelation returned to town last night astonished beyond description Mr Gil bert and his companions were delighted eelghted I with the simple manner In which the I gold values are extracted In the match less mill and confess that the ore bodies were larger than any of which they had i over dreamed The Visitors who have I I I Joined Mr Gilbert In his exploitation j I of the Carbonate Rattler whose I I I properties are located near the Horn I I II I Silver at Frisco are very much pleased I I I with the outlook and leave for the East day tonight promising to return at 3 later i l Hon Alex H Tarbet Returns 1 After an absence of several weeks In j f California that were divided between the beach and bonanzas Hon Alex H I t Tarbet of the big syndicate which bears I I I j his name reached home again yesterday Iand will devote himself to local Interests Inter-ests Mr Tarbet confessed to having put the finishing touches on an undertaking I I under-taking by which his syndicate acquires n very valuable piece of earth In the diggings o California but pleaded that I I I It was Improper to discuss It at this time He heard considerable of Dc La Mars Bully Hill mines and smelter In I Shasta county and Is satisfied that the Captain has added another whale to his school Indeed Mr Tarbet was assured I as-sured by C D Porter well known In this city as a former representative of the Con Kansas City Smelting and Re fining company that he had counted no I less than 2000 pigs each of which weighed 230 pounds the litter representing I repre-senting a run of twent one days while In addition to the copper the bullion runs very high In silver with big I values in gold California generally is very much 1m provcc said Mr Tarbet While interest inter-est In the oil fields Is not at the heights which characterized It during the cx cltemenl the Industry Is prosperous while the mines are giving excellent account of themselves with new ones being steadily added to the list Com I mercially the State was perhaps nevermore never-more prosperous than at this time and many new enterprises are being pro jected Concerning the future of the Smoke house lode In the heart of Butte Mr Tarbet says nothing will be done until cated the suit in partition has been unt I Dalton Lark Lessees From the leadbearing one on the Dalton Lark of Bingham lessees are at present raising a class of ore which affords splendid evidence of the fine quality of material that was marketed in early days and from which several millions of dollars according to the bul lion record was derived The ore of which shipments at Irregular intervals Intelals are being made shows as much as 50 per cent lead with 15 ounces silver and S115 in gold and with a good body of It I the lessees promise to come forth with a nice piece of money In their stocking while placing a piece to the credit of the company Coal and Oil Provo July 27 Jonathan Moacham of this city Jy showing samples of coal which he claims to have taken from a threefoot vein discovered by him In the mountains east of Provo He will 1 not disclose the exact location but says that by making a wagon locaton a I short distance he can bring ten loads of coal per day to the city The Great Irish Change lode about one mile earterly from the Yankee mine In Tintic district by John Bes tlemeyer 1 J Laymance et nl have petroleum filed notices claims of location situated of twentytwo south of Thistle In township ten south range four east ra1Se Strike in the American The management of the American on Scott hill above Big Cottonwood can yon and about a mile and a half west of the great Silver King reports a most important strike In the main tunnel by which the group is being opened up At the solicitation of the company of which Mr I A Benton Is president an examination of the group was recently made by P M Mc Cree who upon his return recom reom mended the work to be dono It was along this line of his recommendations that the contractors continued their labors and a few days later broke Into a vein three feet between walls the ores showing 68 per cent copper 12 ounces silver and 232 gold per ton William Crome secretary of the company com-pany who has just returned from the properties is most enthusiastic over tho development and thinks the fu ture of the proposition now assured assurc Enthusiastic Over the Park Having devoted several days to an examination of territory at Park City which has been commended to his syn dicate P J Donohue returned to town yesterday and over conditions at the great camp Is most enthusiastic He heard a great deal of the youngsters that have been forging their way to the front the present season and says the people of the Park are relying on several more dividendpayers before the expiration of another year The Quincy with its enormous tonnage of highgrade ore is the sensation of tho season while the output of tho older properties ha shown a steady Increase the present year At no time In the history o the camp has the tonnage ton-nage been as heavy as at present and while the railway Is whie lalwa managing to keep it supplied with rolling stock It looks as if a large addition would bo IniS additon required re-quired before the season ends Mr oDnohuo Would not dli cuss the proposition propo-sition Into which he looked at this time I Tintic Shipments Tntc Shipment I The Miner reports thc following shipments ship-ments out of TinUc during the week Cars of ore Centennial Eureka 50 BullionBeck 3 I Gemini r la May Day > 2 i Carlsa 7 r c Teeora 1 AJax 1 I Lower Mammoth two weeks IB I I I Grand Central 7 I Total < liz Bars of bullion Mammoth mill 1 L Cars of concentrates Mammoth mill i 1 II Tcsora 2 I I I I Tho Week at Tintic I Tho Tlntlc Miner says a party of Eastern capitalists have ben for ten days past making n final Inspection of I I two big groups of patented claims I within four miles of Eureka In North I Tlntlc district and from Salt Lake I I comes the announcement that the deal I la practically closed The ground Is i I the D t n C W B and the Hot Stuff properties and embraces sev f j i erl hundred acres of the best mln S I I crnl lands In that section The purchasing pur-chasing syndicate Is a wealthy one I I onC I and the passing of the deeds Into its I I hands will be followed b bnnd wi olowQ by an energetic I campaign of development work that J I I moans much to Eureka and to that I I part of the country f The Moore Bros and W B Scarle 1 1 I of Proo have secured n bond and lease on the Silver King which con filsts of two claims adjoining thp Lila mine In the east end ot the district and within thirty days will commence work on a shaft which will be sunk 200 feet By the terms of the asiec ment the gentlemen will pay a royalty of 15 per cent on all ores extracted and within two years will pay 36000 fqr the property The chutes In the Yankee ralo have been relieved of their congested condition con-dition and the ore Is being sorted for shipments If the ore bins outside Sev eral carloads will be sent out next weak A house Is being erected foe the use of Superintendent Guenther and members of his star I THe Strike at Ely Telling of tho recent strike in the properly of the Ely Mining and Mill I Ing company at Ely Nov which Is controlled by Messrs Salisbury I Thompson and Lynn of this city the Nows of that camp says I Sinking Is to be continued without I Interruption In the main shaft which at the present level is In copper ore showing good values A short distance above this a gold ledge five feet In thickness was encountered which shows gold values averaging U5 to the ton and this will be opened up at once Altogether the showing In this property Is a gratifying one and must I be encouraging alike to the officers and j I stockholders of the Ely company Tho persistencY with which copper Is showing up in all the workings In this camp as depthis attained even In those which have heretofore been regarded re-garded as goldproducers tends to prove tho correctness of the theory advanced by nearly all the experts who have reported on conditions here that eventually Ely will develop Into a copper cop-per camp notwithstanding the Im surface manse gold deposits which lie near the I Mining Notes The City Rocks of Alta had another car of oro at the smelter yesterday Another car of ore was marketed by the BullionBeck of Tlntlc yesterday The Joe Rowers assessment of a cent a share or 57000 becomes delinquent tomorrow to-morrow Superintendent Hanson of the May Day mill says tho initial car of concentrates will arrive this week E W Griffiths the wellknown broker welImown brolccr leaves l for Park City this morning to con duct an examination o morning cn Hon James A Murray came In from Cnllfoinla yesterJay after Inquiring Into his Investments In the diggings of that State Tho management of the South Swansea of Silver City added the proceeds of four more carloads of oro to the companys treasury yesterday Tho days rccelpto at the Taylor Brunton sampler consisted of five cars of ova from Tlntlc two from Idaho and ono from Bingham Manager David Evans of the Uncle Sam lett l for that Tintic bonanza again last night to inquire into the result of new work In now territory Clarence K McCornlck leaves for Provo this morning to witness a demonstration on Big Indian ores In tho machine constructed con-structed by Warren Loose Judge W T Snyder leaves for the Cal fornia Mining companys mines and mill In Thuynes canyon this morning to Inspect In-spect the latest developments A L Jacobs manager of the Ben Butler But-ler left for that Bingham property the sucecsa of which io so largely duo to his perseverance yesterday morning Another carload of ore from the Grlzzlv of Alta reached the sampler yesterday the returns showing 2 per cent copper twenty ounces silver and 52 gold per ton Messrs laadore G Meyer and Milton D Joseph have secured a scat on the mining mi-ning exchange and will In the future dc vote ness their attention S to 3 brokerage busi Grant Snyder of the Snyder syndicate said yesterday that he has openings for four experienced miners who will be assigned as-sIgned to duty on application to him at tho Sanitarium lion O W Powers president of the Orient Mining company left for its prop erty in West Tlntlc last night and will return tomorrow when Important Information Infor-mation is expected Richard Guenther superintendent of the Yankee Consolidated of Tlntlc which has responded so readily to his touch came In from the bonanza yesterday morning very much pleased with Its condition J B Frank who has for several years been pounding gold dollars out of tho Camas tailings dump nearby Ilailey Ida Is In tho city again much pleased with the behavior of his undertaking this season sea-son sonW W G Benham secretary of the Tarbet syndicate has returned from New York iftcr 1 pleasant visit with Frank Ma gulre and other friends and will settle down to the cashiers desk again tomorrow tomor-row rowCot C E Loose o the Grand Central was In town between trains yesterday but declined to discuss bin purchase of the Union und Rebel claims adjoining the Plutus counter group yesterday which wont over the bargain The New York mine above Mountain Mountln home Ida which has been coming into comtnJ tho market with I very nice quality of oro la I owned by none other than Edgar G Tuttle who IB wearing his achievements achieve-ments very modestly A telephone meswiKo from Mammoth saya tho statement that the AJax has over three foot of ore of commercial value on the 1tot level Is n revelation to tho miners employed underground and its mos enthusiastic followers In camp The Reaper o Richfield says tho board of llrtctorn nf the Advocate Mining company com-pany ho completed arrangements for the Hale of the properle owned by it to I Willard F Snyder of this city The shareholder will meet to approve the boards union on August 6th Wells Nov Herald II H Tarbet cousin of A H Tarbct the wealthy Salt Lake mineowner spent a portion of last porton pnt week In Well 11 Tarbet called at the Herald offlee Friday afternoon und ex pressed himself greatly pleased with what he hud heard of Contact lie said the copper ore was undoubtedly far the best I ever discovered In Nevada Mr Tarbet Is looking for mining properties and will mlnlnS I attempt to bond propertes some I I ground at Contact |