| OCR Text |
Show Second Tunnel Making lor Ore Body Found in (he Uppeu Workings. okg men jx gold. SILVER AND LEAD j Park Valley District Only Wailing Wail-ing for More Deep Work lo Prosper. j - j Superintendent B. IT. Hunt, of the Deer Trail Gold Mining and "Milliufr company, is in (ho city l'rom Die prop- J crry at Park Valley. Utah, for tho purpose of securing his winter's supplies, sup-plies, and for conferring with the local ! officials of ilio organization. The management is now engaged iu sending send-ing in a second tunnel which will encounter en-counter tho same ore bodies had in the upper tunnel, and at a better vertical depth of 200 feet. It is the purpose of the company to keep this development J work going ahead with all possible energy. en-ergy. Tho present face of the tunnel is about. 100 feet yet from tho point where the ore is first to be tapped, and the rock is expected lo contain the same sort of rich values in silver, gold and lead found in the upper workings. One interesting item in doiug this development develop-ment work lias bceu tho finding of cop-pcr cop-pcr ores, showing that eventually the company will havo copper resources on which to depend. Tho main ore shoot expected iu this lower tunnel is in tho neighborhood of twonty feet in width, and Mr. Hunt predicts that tho Deer Trail mine will bo one of the big surprises of Utah within a short time. The, officials back him up iu his predictions, pre-dictions, and expect big results soon. Tho Park Valley section is being brought to tho front slowly but surely. Mr. Hunt states that an important item of late has been tho developments in the Susannah property. Tho owners have made a shipment of gold ore which netted I Ho handsome sum of $113 per ton. and another such shipment is now en route to tho local smelters, and but for tho lack of oro teams this last consignment con-signment would have arrived hero ere this. The Susannah aside from its shipping ship-ping grades of rock, has been showing lately a spleudid array of milling grades, and the future for this property is extremely bright. Mr. Hunt emphasizes the fact that Park Valley is one of the rich but neglected neg-lected spots of mineral Utah, and the camp is worthy of closer attention on the part of the public, and property owners than is being given it. New York Mining Stocks. James A. Pollock & Co.. bankers and brokers, G Wcsl Second Soulh street, furnish fur-nish the following New York mining stock quotations, received over their private wlro yesterday: , LISTED STOCKS. Sal'.-s. H. Li. CIse Xewhouse I SOO nil ol Utah Copper 1.900 -11? 40J; 40J Tcnn. Copper L'.lOO -Uil 40 I -10 NEW YORK CL'UD RANGE. Sales.j H. I b. Clse Cumberland Ely 500 7g 78 7R Ely Con ISc 15c ISc Dominion Copper 11 5 Greeno G. and S 3-10 i 3-16 Nevada Utah GOO ? 0 3 Nevada Smelter 1 I I Mitchell 4 i 1 Glroux Con 400 4i 41 11 King Edward 1,000 3 5 2 Tlnflc Mining .-. 100 5? 53 53 First Nat. Copper ... 400 Gl 61 6?. Boston Con C.700 14 13S 13J Nevada Con GOO IGi lol 10 Yukon Gold S00 4 A 4 4i Montgomery Shoshon I 5 S Miami Copper ...... 300 10& lOfc 105 NEW YORK CURB CLOSE. Bid. lAsked. Butte and London 45 I 50 Cumberland Ely 71 75 Glroux Con 1 11 43 Nevada Con 155 10a Nevada Utah 2 15-1G 3 1-1G Nlplsslng S& Si Newhouse 51 51 Tennessee Copper ........ 40 405 Utah Copper 40J 41J Davis Daly 32 3? Dominion Copper Z 15-1G Ely Central 1 $ Ely Con Jo 20 Furnace Creek '. 15 16 Greene G. and S., com.... 1 2-1G Mitchell : 1 i Montgomery Shoehone ... I 15-16 Nevada Smelting I 1 Sliver Queen 1.15 1.20 Silver Leaf 17 18J King Edward 11-111 13-16 Foster Cobalt 40 50 Cobalt Central 46 J 47 McKlnley-Darragh $7 00 Tintlc Mining 52 C Gibraltar 4 G First Nat. Copper , 6S Boston Con 133 13S Yukon Gold 4 1-16 4k North Butte Extension.... 10 10i Miami Copper lOi lOil Bay State Gas ig l 12-10 Penna-Wyomlng . IS 21 ITcv- York-Boston Letters. James A. Pollock & Co., bankers and broker. 6 W.-st Second South street, furnish fur-nish the following, received over -their private wire yesterday afternoon: Walker Letter, N. Y. Market today very nervous, and under pressure all day. Union Pacific was weak und Bold off quite easily, and this Influenced tho rest of the market. In the afternoon lower prices wore reached. Steels also lacked support, j The close was unsettled and with slock . for sale. We look for a market casllv Influenced by news and one In which the j general position Is quickly changed. llornblower Letter. Boston. Local market opened heavy this morning, prices falling oft gradually under selling pressure pres-sure that was early in evidence. Arizona Commercial and Amalgamated were the two most active Issues In the oarlv trading, trad-ing, both being offered freely. Selling orders or-ders wore again in evidence In Utah Con.. the selling being of the same character I hat hajf boMi noticed for the past few days. North Butte, Osi cola and Parrot lost a point each, and Trinity sold down to 1G. Tho market continued Irregular, and Hhowcd considerable pressure toward the latter part of the afternoon, when a buying movement set In and under lead of Boston Con. and Corbln the whole list made quite a substantial recovery. Ore and Bullion. The ore and bullion report for Thursday, Thurs-day, given by McCornlck .t Co., was as follows; Ore received, 520.000; bullion shipped, 80,000. |
