OCR Text |
Show ORES AND BULLION. Settlements for tho Week Reach a Total Noarly S600,000. In tho oro and bullion market tho day closed on settlements aggregating SoS7.WX, this compared with $433,700 for tho previous pre-vious ono, or nn Increase of approximately $150,000, and yet tho condition of tho roads In some of tho camps Is such aa to seriously seri-ously curtail tho output of a number of promlnont producers. In addition to the bullion reported daily in the open market Is tho unprecedented volumo of copper for which tho copper furnaces arc drawn upon, and while tho valuo of this Is conjectural, con-jectural, a quarter of a million Is a most conservative estimate at which to fix it Not ono of theso furnaces, Indeed, at which an Increased production of tho red metal, containing gold and silver. Is not recorded, whllo to add further to the crop of bullion tho smelter at the properties of tho Dixlo company out of St. George Is again In commission. The day'H settlement In tlm open market mar-ket amounted to $102,000. McCornick & Co. reporting them a.s they follow. Bullion, $39,900, gold, silver, lead and copper ores, JG2.100. In the motal market during tho day silver sil-ver ruled nt 07 cents an ounce, lead at J3.G0 and SI.50 per hundred pounds; and casting copper at 14t cents a pound. |