Show I t F CON MERGURS OUTLET I I t Completion of Main Tunnel Scheduled for Today j 1 i ACHIEVEMENTS AT SUNSHINE s swo Simplo Devices by Which It Is a JJelng Plncsd Among Dividend 7 Payers Ore nnd Bullion Settlements Settle-ments for a Wcjk The Mining Exchange Closes on aDull Runt Run-t Do Iit Miir Bonanzas to Do Unorganized Unor-ganized Under n 5000000 Capi talisation Noto and Personal The enormous riches of Lulu territory 1 terri-tory r for v hlch the management of Con Mercur has leen steadily driving for several months will ha 1 tapped today nnd in future will be discharged through the Electric tunnel 1 nt a saving of at least H5 dally With this connection con-nection everything t tlll be permitted to move by gravity through u single avenue ave-nue extending from the Innermost chambers of lhe gold bearing bonanza to the eolossnl mill that rears uhovc the output to bo landed but once In Its transmission nnu the expense corro Hpondlnply reducer It docs away entirely en-tirely with the hoisting of the riches that has hitherto entailed the uxpen riltuse of not a little energy thins out the ninkn of the muleskinner and confines con-fines the tramming to all hut inexpensive inexpen-sive rum between the slopes and the loading tuitions In making the connection con-nection which meant so much to the company the Electric tunnel will lu l met today by that which was bcKtin on the bottom of No 27 Incline at a rM tlon 1200 feet from the mouth of the former Manager George Dern who has returned after several days at camp reports sinking resume1 nt the bottom of the lulu incine which has just pnicod with the dip of the great vein through 100 feet of ore that nv r I eres better than S gold nr ton whllt two rrossrutJ reveal an overage of 13 feet of ore hoi ween walls The development develop-ment is 1 one of the mon cresting t thai has been l made In the propcily as It not only I hot 3 a valuation from which In Tcngod earnings are to he derived but vhe ores are nearly nil oxidized In the meantime tho I ore body la as rfong at the rrentnt breast of th2 incline as lIt l-It at any station abovr awl everything Indicates its continuity nt great depth Through the main plant i s nov put ng dally over 1000 urns of Otc while during dur-ing the month of May over lOODO tons of tailings from which an extraction of Si per ton was made was treated in twentyfive lays actual running in the mill at Manning At present the latter plant IH handling MO tons of tailings daily with ncL earnings amounting loW x lo-W a day nnd that the record for June will exceed 1 any that ban boon made the present year can be easily believed While nothlncr of an official nature has brn related It Is said that the dividend will be Increased before the close of summer J ADIBRICAN FORK CANYON l A Quiet Boom Is On and Attracting c J > Outside Attention American Fork June 7T11ere appear ap-pear to be something of a quiet hoom on In American Fork and Silver Lake mining districts especially the former Is attracting some outside attention and It Is currently reported that Mcssrir Keith and Kearns have their eye on one or two Important groups The Dutchman has mile n Mrkc but the particulars could not be teamed but all hands are nearmg a very pleased expression Manager Madlponn not being the least cxpanalvo From one of the men however It was loniiied that Important developments wore taking ta-king place and that the mine looked exceptionally good James Snedccn and Charles IT Brown oi Eureka arrived ar-rived In American Fork last night with a force of men to ugh operations at the Live Yankee This mine also la looking better than in a long time and a nhlpment is expeolaii before many days W S Pierce the genial and oldtime Miller hill operator is l reported to have some very flattering prospects which he Is actively exploiting with a force of men Martin Freldle the manager for the American Fork Mining company is seen occasionally In his trips to and fro Just now they are working two men but more will shortly doubtless bo put on The Hot Shift Goodscll Mining company on the east side of Miller hill Is I working steadily and have done so all winter Their force is five men and Judging by the large pieces of steel galena which appear In this place from lime to time they are not want lag for ore The newest arrival l Is the Pacific Gold Mining and Milling company which has been working some gold properties c I In Fort canyon Tills company has purchased the Goo sell Mining company com-pany and have a force of men engaged to start up Monday The property has been developed this spring and a threefoot carbonate vein lies exposed Assays from this vein go 10G ounces ullxoi 47 per cent lead IVf per cent copper and SO cents gold Withal tho canyon In lively and will be more so from now on Judging from appearances appear-ances I ORE AND BULLION Weeks Settlements in Open Market Show an Increase The week In the ore and bullion market mar-ket closed with settlements amounting to 4Q55CO as compared with 5337700 for the previouji one In addition to this a steady production of copper bullion carrying silver and gold was recorded at the furnaces of the Blng Uam Con and Highland P oy plants I The days settlements rill of which uio inude through the windows of McCnrnlok fC Co were divided as fol lows Gcrmnnla bullion GOO gold I Hirer had l and copper ores SlfinOO d In the metal market julver ruled at I olil cents an ounce lead at 350 per hundred pounds and casting copper at liaj cents a pound g STOCKS FOR THE WEEK r It Has Been a Period of Demoralization Demoraliza-tion in Values I J i The week on the mining exchange f t closed wit h the transfer of 30C8IB Chares for which 51000 550 was checked out the day with the sale of I 10123 shares that ought 1051410 The talce ot the weeks trading IB a I tale of demoralization more serious perhaps than haM threatened the ex ciiangs since Ita anchorage In present jnnorlncB with the investor gone n iialiln the future of the board and midsummer traffic appears to have E been thrust entirely upon the resources i of the broker Nor lls he Idle His I bread and butler Involved relief muot I 02 provided ro this end many plans are being advanced At least one of the number haa expressed a willing ness to go Into his pockot and head a I fund of 30000 or more with which to provide a stimulant Another crowd is urging that futures be abolished l and that the hears be hobbled until some time as a new crop of Investors J can be grown Relief ought to come I from each In the meintimc business hns afforded the broker but little broad money while the rule during the week I was one of declines Century was once more at the head of the retreating retreat-Ing column and although in active demand on Monday around ci l cents was flattened out to Wfc > while Yankee Yan-kee Consolidated which brought SI 27 at the opening was placed at 5109 at the finish Daly West which observed the week by posting Its regular dividend divi-dend of 7L000 closed steady at S4r while Consolidated Moraur which will pass around 30000 on Monday next was marked up to > l021f yesterday I with Lower Mammolh marching sluggishly I slug-gishly I up to 5121 while another cham her of sensationally rich ore In being opened up California was steady and a shade stronger In the trading aswan as-wan Tetro which was dealt In at 23Us yesterday while Ontario changed hiinds at SS with small offerings at that figure at the close Carlsa and AJax Uncle Sam and May Day all tumbled with terrific violence while Sacramento moved up several points the remainder hovering neglected around old figures while the week closed on the following market Ill Asked Anchor h 5300 5100 jax asii nlp A ihlnn ZVA dlr t JlIco W KulllonIlcck 200 3r0 Ion I imtler 08 03 A California in irVd Cirlsu 1MVC i Century 33 115 Cougar r > Q Con Morcur lSOA 1t2 1 Duly J0 Daly 1 Vest 4500 4iili Dnlton t Lark 02 Emerald O x i 1rt > ipli S4 Dluo Bell HE z 100 Gulona 17 I 1 ISli Grand Central 270 300 horn Silver lCO nsot 01 OTA TOP flowers 1 03t Olt 1ttcr Chief 10 Lower Mammoth 15U 125 La Heine MU Muminolh 11S 121 1 Manhattiiii 01 lay Dny 21 I 21Vi Martha Vaahlnslon 02i 03 Northern Light Olj Uii Onturlu 723 i SOT Ricmoluf Anaconda 10 Siinuhlno 2o i W i Swansea 100 lio ioinh Swansea f 15 Sncrnmunto I A > 2 l Silver King SI 00 Siur Connolldntcd 20 > 23 Silver Shield Oti I r 7Vf JViro 22A 23i F Tesora 10 fatted Sunhoam 45 rnclo Sau Con M Utah Id I M alo I I f Victor I 2i > WCMt Morning Glory 01i 02Vi Yankee Con 111 112 MORKLNG SALES Curlsa i00 at 25e Dalv West 15 at irOO Galena 200 at lOIAc 100 at IGc 500 at lie 1G nt lEe Lower Mammoth 100 at 5I21V6 buyer 30 J CO II t fl23 South avnnaca Inn at IHc Undo Sam WO at 2Ue Ban Butler WOO at Oe California SCO nt lle Century Ku at uc SOO al C5 < 1c 100 at 510 J00 a t 3lc I Tctio 1C0 at 22Ac yeller 30 fCO at 22Vtc seller CO roi at 2 eseller 30 ItO at 23dO seller ID LOO nt 21Hr West MornliiK dory 350 at 2c Yankee 100 nt JlLVi 200 at Slir 100 at > 5114 itO Jil Stn 200 at 5112 scllor 30 Xo at 7110 seller 30 200 at 5113 M > at 112 100 at 51 1lf 1 seller 20 ICO > at lll i Shares sold 13C25 Selling value j3DlC3 OPEN BOARD Century 200 it 2ic Daly West ICO it 1300 Lltllu Clllof riCO at 5c May Day 100 at 21ic COO at 2lc Va leo COO at IVAc Yajikeo KX at U2 100 at 5111 100 at I K seller ni Sharon fold 2200 < Sclllnt value 5T1107fi Boston Market Quiet LTUinUNI3 SPECIAL Boston Miss June 7Copper hales igain In th < i same rut with nn occa lonal ulo here and there AmaUja natcd 1 shoved strength advancing about one1alf point Outside l of the few sales of this stock thy list was dead doping quiet Ilornblowur fC Weeks brokers 12 State treot Boston and 10 Vall street Xew York furnish the following quotations Sales Illtrh Low Close Amalgamated Oil t GSfiO OSI 12A 5GS50 Gingham 100 3100 Dnly Uest PLOD loOO t tali 220 2150 nltcd States 2012 202 rerciir 12U 151G 1 lohsuvk I 1200 J12J k CurbBoston F 100U > I37 > A DE LA MARS BIG DEAL Favorable Results to Be Followed by 85000000 Organization The sampling of the latest consign rent of soldboarlng1 slag from the cllncry at the nil La Mars Nevada mines was completed yesterday at the Taylor Drunton plant and will be settled for on Monday II was said yesterday that this would probably be the last lot forwarded from the propel prop-el Ly undr the Captains ownership as he examination oC It under the Dam crger options Indicates that it will ktve I passed into the custody of the purchasing crowd long before the limit has been reached This accomplished the consolidation of the bonanza from w hlch nearly 51J000000 in gold has nlready poured with 1 t the April Fool which has another glittering1 record not to mention the Magnolia group will follow the Consolidated company It was mid yesterday to be launched with a capitalization of no leas than 55000000 On w hat bn Jla the April Fool and Magnolia will be admitted to I the new company Is not revealed at thin tme nor will It bo definitely settled set-tled until ills riches contained In them Mays been measured up by the promoters pro-moters Simon Bamberger who vUilUul the DC LA Mar on the eve of his call upon Capt DC La Mar says he has htd a very clear Idea l of what an expert ex-pert examination of the mines would MscJose before hu sought he I owner l and he appears to he quite confident as to consluslonu at which the experts will arrive AT TEE ORIENT Tlio Management Devotes Itself to I the Gold Channel A t the direction of President Powers I of the Orient Mining company Superintendent Super-intendent Knapp will now devote his attention to the opening up of the gold bearing channel which wan recently broken Into on the 110foot level and should developments Justify It a cyanide cyan-ide plant will no doubt be added to the equipment of the West TIntIc proposition proposi-tion A letter from the superintendent brings assurance of at least six feet of ore that affords an average better than 1050 gold per ton while but one wall ban been explored without any sign Of approaching the other The condition Is I becoming a very interesting one not only to the Orients officials but to the neighbor In the meantime a similar clana of ore has been broken Into at I a point over 100 feet t cast of the original strike while the usual amount of sliver sli-ver and lead ore carrying some gold la being raised lo the surface The company has persevorod In the face of many obstacles In the development of I the property In which gold promises to I ultimately predominate and In the Improved Im-proved outlook many will rejoice For several years It was said yesterday the Orients neighbors have been throwing a material titrongly resembling I resem-bling the goldbearing rock in the former over the dump niul some energetic sampling of these dumps will now follow fol-low Off for Paris To be present at the final act In an undertaking by which a large Interest In the Gold Roads group of goldbear ing mines out of Klngman Ariz lands In the hands of the French investor I Clarence II McCornick leaves for Paris lids morning the steamer on which he has engaged passage leaving Now York on Tune Jnlh In the French capital I for which city Col Posey and the corps of experts by which the I properties prop-erties were recently examined will sail on Thursday the I new company will perfect Us organization and with a large amount in the treasury continua with the development of a proposition which promises so much to those who have interested thctmelvts The cn gnfoment requiring hi presence in France disposed of Mr McCornick who will be accompanied by W H Urevoort will visit the Interesting points in Europe for several months Sacramento Mill to Start The rehabilitation 1 of the Sacramento companys mill at Mercur has been practically completed and the leaching of ores will be resumed the present week In the new plant the company has overcome the 1 few weak points that were apparent in Hint wiped out by lire and the saving will be correspondingly Increased as will also the tonnage The outlook for an early resumption of divl dents Is quite assuring while not a few should be derived from the quicksilver which was recently opened up in the property Tho Week at Tintic The Tintlo Miner says In its weekly review P J Daley who is operating the Beatrice neir Silver City went In to Salt Lake on Monday well pleased with the performance al the property lie reports a body of ore from which samples from a three ton lot assay 121 2 ounces of silver 52 gold and 12 per cent lead and 1170 ounces silver S1 1 gold and 13JA per cent lead an excellent shipping ship-ping product Tho properly adjoins the Continued on Page 51 OIIMECUR9S OUTLET Continued frgm page 13 MmitI hit Vnsshlngton and wnsi n nhlppor undor the ntimw of the a my Hook 1 Vivian McCuno was ut time Victor ycaierilny McCuno lu more than sutlu lied with coiitlltloiiM on ho 100foot level where an upraise IH bolnij extended IhnjiiKli u fine body of copper ore Hint carries ns high us 25 per cent lu the red nictuU |