Show STill IMPROVE ON MINING TO MINING MEN delinquent and assessment notices toT to ye e your Careful attention and T legram reasonable assured Can Call U up both phones for a fram l 8 man mail to call on you c nt was noted in inthe r mining Brock or of the era enl t ne n of tile the hours th the I stock fv mOlDing Almost every in price over the toe i Of a afternoon and uncertain Ih tb feeling W of tile the a great many e outcome 1 were re jubilAnt over tho pre pre- or of the Knight list favorite the t gem gain In price th the greatest C. C ot of arid and the tho ie 1 1 to have havo the most PP of the entire list Still the guns possiblY been to too great reau to I hij tU M reaction and some ome have hae g sear fur that when the slump stump again It t m may ny r can carry the priced higher lower ebb than was reached La a un to advance One hider paid pl pleased to see the pres- pres nse but Im I'm not hoMing holding BUY any will nUI Monday for tor you ou can cant can't t te tell tr r V th the reaction will act in Jent ent banker uld id that there would be bo no o I l provement 5 In th the local mining all know that this means tar fo foe fo W we e LUbe be another slump that t will give oel loul 1 traders an opportunity to and LIVe p e pet t the e market r t an n awful from H U may mHo n on Jr I should like to have seen seenI u I i vence which would woud he in with the times and have havo given mee in th the long run tarn of business s transacted dur- dur was WIS Quito quite satisfactory I. I wm me of the stocks are still con- con Wow l the prices previous to the lump unsettled financial and possibly do not warrant her r prices th than n are being paid DI f quotations for tor the week on r call were ere as 55 follows ll I Bid JAcked I 25 30 30 tr 35 c. c 90 die e sit Ht 1100 N eif t 25 25 lmae B Bell 11 I 12 3 Y iver r J 1 I n. n 95 moth 1421 Um OS th Ih y 45 45 46 fill I 01 07 12 2 O seW 04 04 08 r 04 08 0 I 02 02 10 V OO 00 n EO o 00 I 14 14 16 15 11 1100 00 Iberi i 10 p. p 78 78 7 79 c 28 28 32 22 10 II 30 02 ii ump 40 tees ex 20 20 r 30 r 60 60 06 02 let lets hit e 1 fl 7 18 Jote Is 44 45 45 k 07 M 11 H. H Kr P. P 15 15 I Ii Anaconda 16 Con 90 9 92 4 25 3 05 08 09 25 25 j if 45 45 15 CO GO tat 34 4 36 36 u. u 40 40 O 42 42 20 II I 20 0 MOn MOnO O SALES fu it l et 85 3 Z i w lue Bell Belt at 10 o Mammoth i at SUO 10 a at t at t 00 00 at al 1421 I at 1145 at Y i 75 at tc c 53 at He buyer 7 at seller adler 3 at thirty it at c at das daye at 11 i SOO io buyer bUor at 80 o seller thirty Ie days das T lO at sack ct 2600 2500 at Con 1 0 nt at Point Potti ZOO aft at t 3 GOO at at at at 2000 1000 at al lOc Lake Lak 1600 too at He at tic Con 70 iop at 00 at Ctt ZOO J. Oc buYer at t claty 1000 boo 11 i uc- uc 7 days 00 at 60 00 at t tb at bie buyer thirty days Tron h noo MA at OPEN op BOARD DOARD at anel al Point ISO i at at bic 7 tc c 00 at Sc co 4 at 37 Io lion botn 1000 t oo at t i UIO at 00 thirty at t 00 esit 10 day dayL at lSe at 00 iO 1100 at Sic a at SO EO at Sic buy at e 1500 1100 at t TOTALS for tOr 28 14 I fOr 1603 I. I tot for h share ru for iTI IO V N TO 10 r a Oct 26 1 04 the e last From From the tho COuple ent or of th mining C i I II of Fain lew FalT lew will vilI receive Q considerable attention at at- I this fall fail and winter The producIng ing area is rapidly enlarging and numerous numer numer- ous Important are recorded and of such mch as ae to put fairly In the limelight of the mining world orld With tho the Nevada Hill bills at the head heRd of the list and Eagle and Eagles Eagle's Nest following a close s second cond now comes the Cyclone property prop prop- ert erty belon belonging to John Harnan who ho made a 9 reputation in the Portland mine of ot the Cripple Cr Creek ek district The Fairview Cyclone lies a a. short chart dis tance north of the tho Nevada Hills and is surrounded b by the Eagle EaRle Eagle s a Net Nest Hailstone Dromedary Hump Golden Slip SUp per pr and Ida properties A four foot vein has hal been opened In the drift from the Cyclone C- C Cy C- clone shaft the ore being similar to that of ot the Eagle and Eagles Eagle's Nest with the exception that there thero is a preponderance of ot gold the values aluce running about three- three fourths gold bold to one fourth sliver silver This is Just tho the reverse from th the other producers producer of at where tho the silver predominates predominates predominates nates about three thre to on one Assays Assas from this vein return values of oC a ton Adjoining AdjoIning- the Cyclone property is Ie the Golden Slipper group where two t shafts are being sunk with three shifts to thorough thoroughly thoroughly thor thor- ough exploit the tho ground Now that tho the Cyclone has opened the ore which trends directly into the Golden Slipper ground the latter later company Is Ie pushing the work with wih renew renewed d energy and ad te feels Is certain of soon reaching the rich ore shoot Complete hoisting machinery has been Installed ailed on the At Af the n northern end of the tho district districtS the Hot lot Onion property opened d six si feet teet of ore in their shaft at a depth of ot feet teet The vein Is I heavily Impregnated with sulphides sulphides sul sui sul- sul of or silver sll This property lies les in lii the flat fiat fat at the foot of ot the mountains comprising com corn the active section of ot the tho district The s shaft af will I be sunk through the th vein when drifting and sloping will wiil willbe wi be commenced and the ore or sacked for shipment shipment Word orl has been received d of ot the Immense proportions of the tho to recent strike on the Eagles Eagle's Nest The rich vein In is I fourteen feet Ceet wide between two perfect walls and dips at an angle of ot about SO 30 3 degrees degree into the hill bill hi Three Tee T-ree T distinct samplings of ot this vein eln returned values of ot and 17 a ton A conservative estimate of the average value of ot the entire bod body has been placed at 40 a ton The Eagles Eagle's Eales Eale's Nest Fairview Mining and Leasing company compan which made this wonderful strike Is 11 now sinking to a greater r depth and wi Wih will I crosscut crosscut cross cross- cut to tho the vein and prepare preparo for tor Should the ore be of ot an equal or better beter grade than that on the upper levels the company announces Its Is Intention to at once erect a mill mi to handle the production SCHWAB BLAMES BLES ENGINEERS Since Charles it M M. Schwab the tel steel magnate has made some Iome statements detrimental to the Nevada mining Interests Inter Inter- C eats ests ts there thero have ha been numerous pro protests protests protests pro pro- tests sent out from tram the tue sagebrush country country coun coun- tr try regarding the tho methods ho he employed In putting through some I of ot his deals dels for tor Nevada mining properties In reply to tho the criticism that has been heaped upon him Schwab claims that he had no In Intention In- In of discrediting the merits of ot the large mineral minerai zones of Nevada but claims that nil aU of ot his misfortune In Neada Nevada Ne Xe vada ada has been duo due duC to the tho fact tact that hohas ho he has his been 1 lIly Illy Ilo ad by his engineers Even en to this statement the mining men of Nevada Nc ada take tako exception for tor the they F say sa that h he should have satisfied himself first of ot all al whether hether or n not t men were ere capable mining engineers engineer Then Thon too it is claimed that both McDonald cDonald and Gillies hmo have o h nothing to show for having haYing tried to work worl an any short cut roads to wealth on Mr Schwab and that nel nel- th ther r of ot them has anything in the WE way of cash cah to sneak of at The Impression in Nevada Ne Is that Schwab has ho not lost money In the sagebrush sage cage brush diggings for tor the reason that It Is I pointed out that in every overy ever proposition in which he has hs invested tho the shares have gone from a few fow ow cents cent a n share to leI several sev le I eral rl dollars and in one instance that Instance that of ot the Tonopah Extension to Extension to 13 3 When en the stock was high It teems that a number number number num num- ber of Sch Schwab's ah's friends s In New York Philadelphia and got Sot In at the top prices and that ho was selling them his lila stock A number of other deals are referred to to among which is tho the failure to take over tho greatest mines that the Consolidated possesses the Red ned Top and Jumbo Colburn Colbum Taylor and arid who v held tho the control of ot these prop properties sent cent their representative tire tive t e to New York upon invitation of ot Schwab's engineers and were going to turn over these properties to him for After a a few tow pink teas nothIng noth noth- ing came came of tho the conference and the tho Nevada Nevada Ne Ne- vada ado representative o cussed the New Yorkers and took his departure for tor home Tho The Shoshone Shoshone properties In Bullfrog In which a number of ot Salt Sal Lakers aro are heavily Interested Is considered considered con con- the tho best proposition with which Sch Schwab ab Is connected and of oC this deal Georgo George Graham Rice Rie says say As to tho the Montgomery Shoshone It is 18 known that Mr r. r Schwab got st his interest in that property for tor very little Itlo money and that a big block of r stock passed into his hands for tor allowing the use uso of his name In connection therewith and for tor or tho the financial backing that he provided tho the corporation The he Sho shone Mines Ines company compan Is Ia a merger of ot various Bullfrog companies and when that that merger was made Mr Schwab it I is known turned Into the merger tho the property prop prop- erty orty of at least east one ono subsidiary company compan which had no oro ore in sight and wac ns th rawest kind of or a prospect at a fictitious market value of ot 80 30 or 90 cents cente a share or at nt a a valuation of or for tor the property when that property It itself It- It self seU had ha not cot cost Mr Mr- Ir Schwab originally as IL e much as al and by no manner of ot reasoning or discrimination in values alues could be appraised at any more tic the day he tur turned d It Into the merger Mr Schwab had tho the audacity to attempt to make mak a market for tor shone stock at 20 O a n share In New Now York or fully tUly ten times the at which ho f secured cured his interest and and the men who bought most freely freet of this stock were either his hi own Pits Pittsburg burs friends or close acquaintances or men who Were at at- at attracted to the proposition by the magic maglo name of at the steel teel king Recent Recently Mr Schwab loaned the Mont Mont- Shoshone Shoshona Mines lInes company o to Il pay for tor the erection of ot a B mill mil and the question has been raised as cc to what became of the tho mone money that was wa a paid into the corporation for tor or the sale of ot treasury stock and what ad percentage of the price paid b by the public for tor or the treasury stock was really turned into the company No financial statement has ever been made b by th the tho Shoshone Montgomery Mines company complY to the public The stock is I Inow now selling around 5 35 5 per share and Is 1 rated tho the best best of ot Mr Sch Schwab's ab present holdings of ot mining Junk excepting only the Tonopah E Extension SOUTH COLUMBUS STRIKES Superintendent Al Jacobson came camo In from the Columbus Columbu and South Columbus properties at Alta last night and brought in a couple of ot samples of or ore encountered In the drifts from the lower tunnels which carries high values in copper lead and silver siver In the cast drift the sped sped- men of ot oro ore that ho h has s exhibited at the company's offices shows good ahles in lead and ad copper and the tho th peculiar thing about the situation 1 Is tho 1110 fact that th the West et drift nm oro that A ns as much as lS 14 1 per cent In copper The The su superintendent su- su will 1 not go into the details over these Important developments de as heIa's ho he says Ia's that the extent of ot the finds has haa not not been fully full determined and both avenues aye ave nuel are ate being bein pushed ahead to Intercept the contact Mr Jaco Jacobson on reports the mine in a n very ef Interesting stage of development at tr s tm time and and he feels confident that within a short time the property will wi bo be placed in a position to forward a a fine tonnage of ot high grade product to the local smelters At tho the Columbus Consolidated there is Is still sti an nn average erase a of ot ff fifty tons of at ore a da day being maintained In the output which reaches the tho sampler at Sandy by by means o of ot the aerial tramway and while hh le this production could b be Increased the present nt condition of tho the metal market does not warrant th the tho company compan in producing anything any any- thing but a a V very r high grade ore orA The Tho management Is not Inclined to forward anything more than n necessary to get theore tho the oro ore out of at the tho way for tor the development forces and It is explained b by the superIntendent superintendent super super- that this Is all al of ot the work that thatIs Is being done dono at these Alta AHa properties at atthe atthe atthe the present time ANOTHER MINING COMPANY COMPAN Articles of ot incorporation for the Silver SI er Peak Mining company compan of ot American Fork were wore flied filed fled In the office orce of at the secretary of at state this morning Tho The company Is capitalized at It I owns ons tho the Hazel Hazel lode lodo mining claims In American Fork canyon The officers are aro- J J. J J. J Mercer president W. W H. H Pool vice president H. H L. L Christ Christy secretary and R. R V. Yo Ander- Ander eon treasurer |