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Show REPORT OF SHE! TROUGHS COMPANY Manager Friedman Sees More Encouraging Conditions for the Future. In his report to shareholders of the Sovou Troughs Mining company. General Manager L. A. Friedman holds out promise prom-ise of r.peedy results, now that tho required re-quired air connections have been completed com-pleted betweon the property at depth and tho workings of the Florence lease. This lease work has demonstrated tho existence of tho ore and good values to the 600 level, and on the expiration of the leae the parent company will tako up the work where left off and continue it to depth. In discussing this leaso work. Manager Friedman say?: 'Tho drift from tho 600, running in a northerly direction. Into the Florence block. Is now 550 feet In lensth. the last 175 feet being within the Florence lines. The vein Is from threo to four feet in width, carrying a streak of high-grade silver ore averaging from elghl to twelve Inches In width, and running considerably consid-erably above $100 per ton In value. Ruby silver In the characteristic of tho high-grade, high-grade, some of the rock being of almoat pure metal. Tho ore Is refractory, tho debasing feature, chalco-pyrltcs of copper, cop-per, making It impossible of treatment in the leaning company's mill, it Is sacked and shipped to smellers. Tho vein has been opened In the stope for a distanco of seventy feet on the west side of the drift, shows Plrong In the far of tho drift and goes down with a wlnr.e recently started, with values and slr.o unimpaired " The following Is tho financial statement, state-ment, covering tho period from Juno 1, 1909. to January 1, 1911 : Eoceipts. Cash on hand. June 1. 190D $ 4.290.25 Ore sales 17.995.3S Royalties from leasers 12,673.75' Interest, Kindergarten loan 302.50 Total ; $35,261.SS Disbursements. Expcnso 3,363. OS Patent 1.725.00 Kindergarten loan 2.S97.50 Wages 16,066.40 Ore hauling 2.194.16 Material and supplies 2,102.65 Assaying 331.60 Hauling ...v 267.S3 Freight , 73.46 Milling ore S66.00 Bullion tax 107.15 Taxes 33.20 Cash on hand to bnlancc 5.230.53 Total S35.2GI.SS Now York Mining Stocks. James A. Pollock & Co., bankers and brokers, furnish tho following, received over their private wire yesterday afternoon after-noon NEW YORK LISTED STOCKS. 1 Sales.) H. L. IClse Goldfield Con 1,300 63 63 651 Nevada Con 3.900 20 19l 191 Tonn Copper 4.200 3S3 37 3S Utah Copper 2,100 46j 46j 461 NEW YORK CURB RANGE. 1 Sales.l H. L. IClse First Nafl Copper II 18 IS Glroux Con 4,000 Si 73 It Inspiration Cop 500 SI SJ SJ. Miami Copper 4.500 20fi 20 20 Nevada Utah 2,500 li li 11 Ray Central 2.500 13 13 li Ray Con 2.500 la4 173 173 Yukon Gold 1,000 4t 44 Chino Copper 3,500 22i 221 22i! Ohio Copper 350 IS li H New Keystone 2Z 28 2S South Utah 1 I 1 Mason Valley 91 91 91 Braden Copper 4 ;tg 4 Ely Central 6,000 llc 11c 111c Ely Con 1.200 37c 36c 37c La Rose 1,200 4a 4a 4S Nevada Hills 500 2i 21 2J Mays Oil 2,000 Sac! 79c 79c Kerr Lake 3.500 S Si Si Int. Cont. Rubber .. 2.300 3211 315 32 NEW YORK CURB CLOSK. 1 Bid. lAskcd. Chino $22.371$22.50 Davis Daly 1.50 1.55 Ely Central 101 ,111 Ely Consolidated 36 .38 First National Copper .... 1.62t 1.871 Glroux Consolidated 7. SO ) 7.95 Inspiration S.45 S.50 Yukon Gold 1.061 4.12 Miami - 20.121 20.25. Nevada Utah 1.12 1.20 New Keystone 1 2.75 3.00 Nipisslng 1 10.S71 11.121 Ohio Copper 1.80 1.S7J Ray Central 1.621 1.75 Ray Consolidated 17.75 17.871 La Rose 4. SO 4.95 South Utalt. 95 1.00 British Col. Copper 6.75 G.S71 Bay Stale Gas 50 .621 Braden 3.S7H 4.00 Cobalt Central 09 .10 Ely Witch 05 .10 King Edward .061 -25 Manon Valley 9.25 9.45 McKlnley-Darragh 1.55 1.621 Montgomery Shoshone ... .09 .15 Nevada Smelter 15 .20 Silver Leaf 04 .OS Tlntlc 50 .75 Ontario 1.50 2.00 Alice 1.00 Slonx Consolidated 37 .39 Colorado 10 .42 Iron Blossom 93 .96 Carlsa ... 15 .20 Nevada Hills 2.45 2.50 Mining Notes, It was reported Monday that' the Hay Consolidated stock will be listed on the New York exchange. General Manager Strlcldand of the Utah Mines Coalition company will visit the mine today to Inspect tho damage of the recent snowslidc. The Roberts Oil company of Spring Valley, Wyo., has brought In a typical well of rich oil, details of which will bo received today General Manager W. C. Orcm of tho Nevada Douglas Copper company Is cn route lo the mine at Mason, New General Manager AI Frank of tho Ohio Copper company has returned from a business trip lo Butte, being delayed In his return by washouts In Idaho. General Manager 10. P. Mathewson of the International Smelting company Is in the city on his regular monthly vlwll to tho Tooele plant. |