Show 1TO CONFIDENCE IN DIRECTORS Stratlous Independence Mine Shareholders Share-holders Have Hot Meeting London Dec 7Tue Stratum Independence Inde-pendence mine shareholders today passed a vote of no confidence in the board of directors after one of the stormiest meetings on record The directors di-rectors were hissed and hooted and the words scandalous and disgraceful and accusations of fraud were hurled broadcast The Earl of Chesterfield who pre rudod read a cablegram from John Hays Hammond the American engi neer asking him to announce to the meeting that Mi Hammonds connec lion with the mine dated from after the shortage of ore reserves was dis covered His lordship proceeded to say that a cable message received from Slate Gcogologlst Richard of Colorado dated October 20th conveyed thc 11 rat intimation of ferious mlsropreKeiita llon pi the part of the old management in regard to the value of the ores This was not published because it was vague and Incomplete but had the directors had any conception of the foreshad owed discrepancy of 12000000 ns Bhown In the subsequent report of air Hammond dated November 2lth they would certainly have made Mr Hlck ards statement public Mr Richard made a personal expla nation at tho meeting and a long and animated discussion marked by wild disorder and much execration followed i Chaos reigned amidst which the great mass of shareholders left Lord Ches terfic d then declared the report car ned though the meeting had previous fLV otel to Postpone Its consideration for two months Sapho Incorporation i Articles of incorporation of the SapTio Mining company were yesterday filed in the Third District court The canl i tal stock Is 76000 divided into 300000 shares of thc par value of 25 cents a share P S Keogh Is president of the company Frank E Wilson vice president pres-ident r C Weber secretary and treasurer treas-urer who with John Weber and Mrs M 13 Eaton form thc directorate The company owns the Sapho Bob Tall and Uneocia mining claims In White Pine county Nevada The property Is near the Robust and Chnlnman mines and the work of development de-velopment will be at once begun asa as-a contract has been let for driving a I tuni ol 290 feet which distance Is thought from thc showings of the ground will cut a highgrade vein of gold and sljver ores as a fourfoot vein of lowgrade ore la present at the surface I sur-face No treasury stock has been reserved re-served and all the shares have been placed as it is estimated that the funds now on hand will put the proposition on a paying basis Mining Notes Duncan McVichle has returned from a short stay at Blnghum D IV Gillca of the Grand Central came up from Nephl last night Thc Swansea appeared on thc market yesterday with six cars of ore The Montestimrt followed a recent J shipment witlr another car yesterday Three airs of ore arrived on yes terdays market from the Silver Shield George R Hancock ofthe Centennial Centen-nial Eureka went to Park City yesterday yester-day Thc Eric of Blngham yesterday appeared ap-peared on the market with sixty tons of ore J E Bamberger returned last night from a two days inspection of the DalyWest The Star Consolidated has reported on the market with another shipment of four cars of ore J J Trcnam has returned from looking look-ing over the Ben Harrison group a copper proposition at Frisco The Highland Boy yesterday sent a car containing 60110 pounds of pig copppr to the Eastern market George IT Dora treasurer and assistant assist-ant manager of the Consolidated Mer cur yesterday went out to the mines J C Griffiths yesterday received a consignment ol highgrade gold bullion bul-lion from the Sacramento which will be forwarded to Goldsmith Brothers at Chicago The lion Cap Mining company will at once begin assessment work on Its > group of eight claims in the West Tin 1 tic district The claims present a good showing and the prospects of thc new rallrpad adds a new impetus to the enterprise en-terprise From Neighboring States Helena Herald The semimonthly clcanup of the Bald Butte mine amounted to 18000 The company will declare its regular monthly dividend December 12th With the payment of that dividend the company will have paid its shareholders 300000 in profit An extra dividend may be declared at Christmas Hawthorne Nov Bulletin Joseph Selgel manager of the Vulcan copper mines returned from Chicago last week The Vulcan company has acquired ac-quired an Interest In the coal mines near Columbus They have a diamond drill at the coal mines for the purpose of prospecting the veins and if the results re-sults are satisfactory development work on a large scale will be begun at once The largest ore deal ever arranged In British Columbia says the Nelson Miner has been consummated by the St Eugene Consolidated Mining company com-pany of Moyie by which the Messrs Guggenheim Sons the smelt r people peo-ple of Antogagasta Chile contract to purchase 1000000 of reduced wet sll ver lead ore per year from the Moyie mines Hawthorne Nev Bulletin William Fostener the examining engineer of a large Eastern company last week examined ex-amined the Pacific Copper company mines near Soda These mines show one of the largest known bodies of concentrating copper ore and the facilities fa-cilities for working wood water etc are such as to warrant the statement that copper can be produced here at a lower prico than at many of the great mines of the world Over 500000 tons of ore are claimed to be exposed which will yield G per cent In bullion or 120 pounds of copper per ton of ore and costs of reduction to bullion are stated to be estimatedat under 3 per ton of ore The copper bullion carries quite an appreciable amount of gold and sliver sli-ver |