Show DALY WEST DIVIDEND Usual Amount Posted by Directors for Distribution on the 15th > The directors of the Daly West met In regular session during the afternoon at which time the usual dividend of CO cento a slnirc or 103000 woa posted for payment on December I5th At the same time I another addition will be made to the surplus which han already attained magnificent proportions Oil and Asphaltum The Vestwater oil and Asphaltum company yesterday filed articles of incorporation In-corporation with the County Clerk Tho capital stock Is 250000 In 23cent shares J E Ray of Flllmore owns almost al-most half the stock Ho Is president of the company John La Due Is vice president R J Evans Is secretary and treasurer and they with Lucian A Ray and S P Armstrong make up the directorate Butters in Mexico A letter from Mazatlan Mex to a I local mining man says that Charles Butters has acquired an option on all the old dumps at Copala which are now being sampled by M F Perry the manager of his Torres proposition At tho latter place he Is now cyaniding I the tailings from an old mill and with these exhausted Jn the next ninety days will romovo the mill to the Co pauL dumps should their contents Jus tify It Mr Mitchell a former metal lurgist at the Eureka lllll mines and mill Tlntlc Is serving Mr Butters In a I similar capacity at Torres and will continue with him at Copula Ore and Bullion In the ore and bullion market the days settlements were reduced to 21 blo < McCornlck t Co reporting them as they follow American bullion SWOO gold silver lead and copper ores 11 SOOIn In the motal market silver ruled at 17 cents an ounce lend at J350 per hundred pounds and casting copper at 105i cents a pound The Elkhorns Household Time shareholders of the Elkhorn Mining company with properilres at Park City met during the afternoon and organized with the election of George 13 Alrls as president F R Ball vleeiirorldeiit K 1 Deoltcr treasurer A 15 Revcridpo secretary Julius Goldberg completing tho list uf directors Samnlor uf mrit cmm ti s property which adjoins the Sleek group and that were brought down by Mr peverldsre afford fine indications of the presence of ore Mining Notes The mnnacomoiit of the Victor at Thtllo marketed two more carloads of ore yes lerdny Thomas L HiddlcKton superintendent of the Galena King of Stockton left for that proposition yesterday The Lower Mammoth of TIntic reported nt the Binglmm Cons furnitces yesterday with two more carloads of ore The receipts from the Tonopah pro ducers yesterday were confined to two carloads of ore of fine quality Three carloads of ore were delivered at the KfiiRlixm Cons furnaces hy the man ugoment of tin Carlsa of finite Another consignment ot lead ore from the new Mrlke In tho Commercial at Blnsham Is f now at thcsamjiler group Titomanagement of the Horn Sliver marketed two curs of copper ore and two of lead l during the day from Its mines at Frisco M S Efflngcr manager of the Vol venue group at Park City left for the Kast nt noon yesterday to confer with the officials Manager Cook of the Columbia has two more carloads of highgrade concentrates from that Blngham proposition on lie way to market The days receipts ut the Taylor Brunton sampldr consisted of three car loads of ore from Tlntlc three from Ne vada and four from Frisco Will Lawrence has gone Into Idaho ac companied by Assayer Miles and Is en gaged upon the examination of a big proposition which haft been commended to him Fred Richmond mechanical engineer for the Sail Lake Hardware company has re turned from Park City where ho Is In Htulllng the new hoist on tho New York Bonanza A lot of ore from the Commonwealth mine at Tuacnrora Nev was marketed by Taylor Brunton yesterday on con trols showing as much nt 200 gold andover and-over 200 ounces silver per ton Frank J Cannon has returned from Cherry Crook Nov where with his brother John Q ho lisa been making an examination of property 5n which they have long been Iniorojucd and with which they are much pleased ThoQ K Extension Mining and Reduc tion company filed an amendment to Its articles of Incorporation with time County Clerk yostorday Increasing thfi capital stock from JOQIXO shares ot 2 cents each to MOOOO chores of 50 cents each Manager Sapplngton of tilt Park City Superior who was boon looking Into the properly brought down with him samples sam-ples oC ulcdy mineralized ledge matter vhowlng streaks of lead from the breast of the tunnel which bus parsed time loOO fool station and which Is expected to break Into the ore body with any volley of shots |