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Show SEVEN TROUGHS MERGER COMPANY GETS BUSY Special to The Tribune. SEVEN TROUGHS. Nov., July 13. Following the commencement of work a few days, ago on its lease on the Therien property, the Sovcn Troughs Merger Mining company has opened up a strong vein in the rhyolite that pans from wall to wall. This discovery was made after trenching through four feet of wash, and tho free gold panuings secured se-cured immediately attracted considerable consider-able attention. Panniugs from the softer vein matter indicate values running run-ning up to $50 a ton. The- discovery was made back of the Seven Troughs hotel and only a little way off Main street. The find will not be ' prospected considerably until after the company has completed its trench across its 500-foot lease, which it is believed will exposo a series of parallel veins trending from tho domain of the Mazuma Hills Mining company to tho estate of the Kindergarten Mining company. A selection will be made from the most promising of these veins and the working shaft will be sunk wiih relation to the vein selected. The find on the lease occurs about 300 feet from the Kindergarten workings, and about 500 feet from tho Mazuma Hills mine workings. The Seven Troughs Merger Mining company is planuiug work on its domain do-main in Burnt Canyon, and is already negotiating with prospective lessees thero with the view of leasing a block of ground on the Golden Giant claim. New York Letter. James A. Pollock & Co., bankers and brokers, 6 West Second South street, furnish the following, received over their private wlro yesterday afternoon: Walker Letter New York A dull but steady market prevailed throughout the day. There was steadiness in the Steel stocks and this exerted an Influence. Tho excellent Union Paclllc statement alst had a good effect. Fluctuations, how-over, how-over, were narrow and there was but little disposition -to do business ono way 1 or the other. Temporarily the market Is a trading affair and is likely to remain I so until the financial powers tako a moro active Interest. Now York It Is doubtful If syndicates or those that arc Influential in making j markets In Wall street aro willing to i create any activity or betterment In prices of leading securities In the immediate im-mediate future. Professional operations are likely to dominate the market until a more comprehensive idea of the coming com-ing crops are known. However, wo feci xW that stocks might iv bought on rea- ' sonahle declines. Mutton & Co. ,j Mining Notes. .-j J. A. Czlzek, the well-known mtntnj; '.I iA 'ator. Is In the city on mining bual- ,-I i -!lie ness. J '- I31" Tno Provo Brokerage company hag y a purchased a teat on the local "hango. y ' MiS the price for the same being $2100. ' fla W. V. Rice, prominently connected . .'ball with many Utah and Nevada mliis. left ipart yesterday for several weeks In the East, " rttn A. party headed by George E. Gunn -i f and W. W. Armstrong left yesterday "for i-i fVt tho purpose of making an Inspection of ( l.w the Mason Valley mine at Yerington. , ft"1 Pope Yeatman, the prominent mining !ps engineer who has been in charge of the k . work undertaken by the Guggenhelma . at Ely, was In the city Saturday night, ' K 7 leaving for the Bunker Hill and Sullivan ' f. Jrfn lead mines of Idaho, Sunday. ". i jj Anthony H, Godbe, Ernest L. Godlio ! f t! and Graeme McGowan left last evening j 6sP' for the Pioche district of Nevada. Mr. iW McGowan Is a prominent business man ' ia t of Louisville, TCy , and Is a large stock- t itoa holder In both the Ohio Kentucky and 1 ilWi the Prince Consolidated Mining coin- ' f tli panles. Sop |
