| Show IN MINING CIRCLES I BaDDIr r Day Wllh the Ball and Sears on I Change tlltll TRAII1V Al 1001 tIUU liES KIT in of Ins Market hr rollock In leresllog Hems Iran Untie lily And bpari The stock brokers In tbelt manlpu I Ibni on change made this a banner del In Ibo pit and role were more uunmous than lor a good while put Stall uf Ibe Belling stocks went at good figures the only exception being In a trsniler of Bunhlue at 73 cents a IbnIbe lowest figure at which that loath told In the pit since tUu orca ulssllon of the exchange The cull opened with a bid of GO centi lor Anchor rblll coma Aiz which WM an offering at 1 77 cools but loll a trifle to 1 Ibeblddlni Bullion neck was Gym at 11 75 In the blddlngwhlle holdcri a wanted dollar More lor the Hock Doly wai wanted badly at J5 30 Ibe clock however closed as no tiler Ins at J5 80 DslyWttl was elation rytbe figures being the same as stoke i reiloucil rbe Drat stock to record a tranler was Four Aces 1000 chares of which fund a taker at 19 cents A bid ol ISi coot was freely potted lor the stock but moro ol II could not be tar cod under 20 cents the closlna ask log fiance Galena maintained In pollloo of yesterday while Mercur advanced to 0 75 In the bidding bid-ding aud tool as a closing of Ming at 090 Mammoth was aleonger luau nr aoa bard 10 the trailing at 107 and 2 The latter figure could have bought more ot the 3 stock but ofler thin sales the bid hdor rnoh dropped to 1 8J and remained there JII The selling ut auushlnt at 75 tontr cud wouldbe urclusers lo oiler 05 cents lor It n figure which was recorded record-ed as the closing bd Dillon was the only unlisted stock to share In the trading rots It did I at advanced I ad-vanced figures the sales bringing Irom 3 to < 1 cents a hair It was strongly bid for at SJ I cent but briber trading cium not be r brought about holders demanding ae much as Si cents for Ibo stock Swansea Swan-sea fell Suet a little lu llm bidding the Mock being wanted at J25 as against i CS at yelerdayt call It stood an ail offering at JJOS au advance ot 5 cents over Thursdays asking fljuri Sunbeam went nil to tlysaud whistles whis-tles sad was thrown upon the market at 10 cents a share while 0 cents was ibe best hid posted Nortbtrn Light remaluel strong Sal I could have found numerous takers ut Olk cents fhe closing figures wele a < lollowr LISTED STOCKS l 1 kolas y r1 Anchor r a a 1st 7 o I aNtor I 1 m ern 73 ei3 I naa hnRl0 ro ur ACO 7 o 6 tNane I 1 1 30 llc r ter rtfa Ilercaul I elacPern allm mt 4 00 i 1 81 lierlaaoVi etouY 7oeeo1lditoa 175 Mlvrrhlnit KuDlhtno UM1S1E11 bTOCKS rua ° d I 5 J Oingkam Copper I c0 lloKia 7 UuLkevellluttc 7 a Vitoo ° ° el c ° hlto0 s 3 Sf uerculti J IIII 0 ltmte tYluburg 3ll I 1 ucky 1t11 N A N tur l Uss 81 a I c Ittchmord AnsCOnUa eeenca 463 si I Uhc It 1 Taoken Ulrl 40 9 TRANSFERS Ot 810CKS Ono Ibuaod shares of Four Ace tt18 CPIII 100 Mammoth nt 1971 aDO c00 at 21 100 Biilitblne at 75 tent 1000 1eou at FJ cent 1000 at a and 1000 at 8J I act bares old 4400 I IIILIICJl wi1uli ntwn1 il ills Lhruaa h the riluina Met 1U r4e1 slut Wk James A Pollock Bays In his weekly I mining chare market letter under dale ol today During the week lUll doled the Iccal mlnlLg trek market toss almost a tepttlllou nmg that run the week preceding preced-ing Ac a wbol thin lilt was well utlalned but Ibero were weak pOtl and buying was only normal Indi calloo aa that will Ike new year will come a very maierll awakening among mlnlnc clock In vector and the market should how some cood ad T ucei All the morlc tru ajilnet the AJax Were pets during the week and the rampant II now practically tree from debt with a steady stream ol good grade ores coining Iron the mines to sell be balacce kit In the tteaeury WhIte Ihe stock old not show a great deal 01 activity quolollooo pease well j milntaloed Thin old nicirs ol Ibo Anchor have been reekmed Kotlu lag he I doing at for compuji prater t M and the sleek wm lonelier I Oi the Slit the Ilulllon Deck will lay Its triple dividend ol 4S cunla I trI tr-I ante dome aloe tumbler ere even locking lor au extri 01 15 cents per chat mil math The company 11 luakinga good record ol f producllou I Uuckeye continued nUong The how hug at the mine Ii reported to hive Ito 1 IruTBj Practically no bust ones was f Joni In UtotennlalMureka On lha 15lh eunt r tJ rfkii t the usual dividend of 11 per bare wag dlttrlbuted Uooil teporli am miming from lIe LOIltI ho diivelopmtntwolkls I howlng up tome Immense additional ore rtecrvif No particular chauirn occurred In Daly buyers holding off until rome thing dellnlto Is I known regardlQR the delayed dlvldcnii It seems hardly likely that a payment will como this year DslyWcit was In Its uiual need demand with only limited odor lugs ol the stock At the properties the ole showing Is very critmlni DRltau conliLUad I week with vary light buelnees Willie 0011011 S Lath I was wllbut BUY eoltltr I Nothing Is now doing at Iho XUet Uoldon date properties no stein um treats Icr sinking having I been let Too chief proiuoteia of this ccmpatiy have changed their reldcntB Bun Flan nlsco Tour Ace were wllhtut activity ac-tivity Galena sold lower In the lace ol 1 snlondld reports Ira the mints heavy receipts of high grade ore and Indications ol an Indefinite oontlnu atlon ol dividends Geyser did no rptclal butlneis although the rflerlnga were not heavy The company is now treating ore ntarly Ste new oupaclty Horn Silver continues Inactive All Increased demand for Lucky Dill caused n alight stleugtheulng ol that Stock Ore of lair credo Is I now being taken out by the company Work bus been resumed at the Little Plttburg Mnmuotli recorded u very material advaice the dote being back acne Ihu two dollnr mark Uood reports irons the mines and dividend txpecta tlooscvustd an Increase In bulng The company will hardly ha In a position posi-tion to nsume dividends for some months yet Oil recur was stronger with very light ollerlnei ol tbu sleek Alter the first ol 1 the year II not lie fort this stock should chow materially higher quotations Northern Light continued to advance and closed In good demand Ontario was sluggish Hwaueea recorded a slight advance and closed around the JSO point A double dividend Is I now ixueclej In certain quarters allhough III Is hardly probable that one will come South Hwnnsua changed hut Illllf ibe corn pany Is I making simo very heavy ihlpmentii Hunshlne did practically nothing The mill operations bavo not bell resumed Hllir King was urong as usual Utah Is I making some good shlpmentr Thus stock was cot specially active 1IMTIU JIIMM1 MirC A Iludet er UeSd It u hom r dO a r SIP mocrnt The proieriy cf the itabblt Fuel company Is J located ab ul hilt woo no tweoa Ihe Hwaneas and lime Sunbeam Cunsollilattd near Silver CHy and adjoining tbo old Wheeler mine This group toss wrkuJ Ju Ihn early dy buIll was eooelde end timer Ibe oro WI too low In grado to permit ol ehlpplm for there was nomllroiiu tn Tluttu die hello at that time Now however It Is itlllerent and II is I blleved the ore cxpusod In Ibo olJ workings limn properly will iay to work and chip auu especially so aa there It no doubt but that with depth and as soon as the shalt Is sunk blow the Iyme rich bodies ol mineral will be encountered The 117toot shaft on one ol the claim embraced In the llaoblt Foot group labs ore the lull width ol the bottom ol the shalt and Ibis ore carries average values ol from 25 to 35 In sliver and lead and Ibo mineral min-eral Is almost Identical In Hi chard lorlstlcs to that found in thin Bwauteaa and the tiunuam Work will begin this week In the erection ol u shalt bouse t the mine nod a whim la I to be tnslallec when the shaft will be ullk to a depth of 200 feel below the recent I workings as fact as three shuts can Kink II The tooth at the North Star Is meeting meet-ing with the heat tY apt royal of all concerned The new double comport meat shall which Is btlug sunk to facilitate the bitter development of the mIn Is now down 105 feet A whim Is J being aced at lreieiit hut when the 300 toot level la I reached a complete hoisting lest l capable ol reaching ibe l000level will be put In and linking will be joshed I at rapidly ai posaicie lute property which Is I an oldtime producer has over n million tons ot low grade ore on their dom a that will give an average assay ol 19 In gold and 13 ounces In silver besides untold bodies I ol the eamo class ol orals the mine A mill Is 1 contemplated and arrangements being made to begin Its erection within the coming year A trial run of 1000 tons w as recently made through the Sioux mill with tatistsc lory roulla and by this Ibo proper treatment of the ore was demonstrated Ure long the custom mills will bu numroullo 110110 dialer as many mine DO prospect have 80 abundoco of low grade ore on their dumps which could be profitably treated In I this manner man-ner Untie the star of Ulab will soon shine In all bor glory Tbli 8Vollmnl of the Iocihontas group Is J proving very Mllifaolory to Its owner Hon Ibomas O Merrill ol dolt Lake City Hivuraltballs hive been luuk on the vein varying In depth Horn 220 lu 60 feet and In doing till the ledise I un beeu uncovered practically fur a UllUnce of 1410 feet Ibowl1t a veto 01 mlounlld rOOk from three to six feet lu width and while this ore U 1 ol low grade and cannot can-not be shipped II Is ol a character that warrants the belief tbat with depth Ibu values will Increate ui d especially 0 WUIO I u s a or nun ip neon r pasitd In Ih8 OIi f > ot ettar ou tIl property the iron bus boa encountered encoun-tered and suck Into lor a depth cf 80 feel and It Is the Intintlou to Kit tulow the cropping as rapidly as pi Mi Lie and the history ol iliac portion ol 1 the dhtrlcl nod the Indications dls closed In the properly will doubllrss best out the thnory that below the Iron there will be found a large body of ore Wltnln a few weeks Mr Murlll will Ii stall a holtt or wblm on Iho ground In order Hint deep sinking may tu i ucmuteJ I Work will shortly begin on the 1eru properly the north ride The old t shalt will bo romnborcj nod sluklnii will be continued at that point A I whim will bo erected aDd used slim Ion 300 level when a homing pia twill t-will take Us place and the bull unk to Ihu deep This ropdly has u s pleudld future t aud being on thu mdinersl I f tcb J mineral belt uhTch Iravereen the I district dis-trict twlll undoubtedly develop IUo a paying mine and make glad limo huails of Us stockholder On January 4lb the lureka Hill Mining company will oeu Ire bids lor their iiitputol OIL Ir Ihe corning year As this teal oIly Is 1 a heavy producer Ihosucceis nirllcs will have rouse tube Kind D F Flelner who la I working the Shame poi lOlly lu Uctlb canyon with his aeeoclale reports the Ihowln mod very allllaCIOI1 The ore taken out Is I not of high curugb grade f r shipment but will undoubtedly tm I rove wllh development Thedtvel pment work ou the Stui winder near Sliver OltjU I ngrc iati5fpctonlyaud 0 mica Started to be onujuaterod at no distant unto U U UuU o > ot Salt Lake City was out tu Inspect Ihe work buodny and fitIi highly pleised at the showing rnnJr Jbe rules of men al wcrk on the Ttsora are InkiiiK Ihu new shalt to n greater depth and preparing to develop the property In u more lystematlo manner Drifting II uiullnutd on thin levels ol limn old hall aid ore Is I lifln blocked cut awaiting Iho completion I ol the shaft btilora It Is I raised to Ibe urlace lor shipment I The Slower No 2 continues to be a curie ol reunion tu Its owntrp The I dflt I halt Is down to the 100 level I ktid dllll log Is being done tin the ore bod > from which ore Is I being taken lor ill lament la-ment Ihe new whim house recently comrKljJ adds grtatly to the cuuM of Ihu men tmplojed It being 1 a thel 1 1 I lee from tie Dtcoiuber gale Ihu halt on the Humbug No2 which 10 1 Icing worked on lease by Capl Qeo Lynx and other la I now down aboul70 feet and the ore bdy which Is J believed to lay beneath will bo cam nt a dplb ol prohihly 10 feet 1limos more This aught to develop Into a property capable of pajlug regular dividends with only a little more development work B A Moore who has a contract to lea nn 60 loot tlmlt on Ibo Itst Ubancu properly adjoining Ihe Shot bridge on tou routh rerorta having reached a depth of 60 feel This property prop-erty Is detloeJ to bciome a producer nt no distant date If iroper develop tnei t work Is I done The surface ehow Ings are oil that could be dcsiitd 1 and lib cloi irixlmlly I to other valusbe proper rend rill r reduction ot urn lu Ibo future alrnut a certainty Uold Ilollnr Clrniip B doe Blaleemal I Mr Payne who Will J U Hawley and Wil Puck fit owns the Gold Dollar group at titiarltburg reports that the lower tunnel h > i penetrated Ino vein U has cut Into 36 teat of low grade ore with cut having reached toe wall rule proply Is somewhat pheno menol lu that tbu developments It lo bo a veritable mountain ol ore The owners have done a Isrgu amount 01 work to determine the extent and valuo 01 theca ore hodlee I Tbero ap ler 10 bo oeveral seine sod lkaee njses ol low arndelore are found In all of them Nor Is the oro all low crude tome small 1 veins bolos met will Hint are very rJcb The male iroe huwevr 011 oompUvoly email value though me grade Is I sufficiently suffi-ciently high lo make Ibo properties very valuable with proper reduction lacilltlet The new tunnel that has Just en encountered the ore was tinned Into Ibo mountain Immediately above Ibo milllie There are two other luunu higher up both ol which ulcloee large bodies mineral aii > Kit UNO IXIFMIIOV It lutoeperelre reley tells a tnlllel mocL or Sisoooo ArtlcliB nl Incorpormlou ol Ihe 811 ver ICIiiK Kxlenlon Oilil Mining and Milling company were llled wllh the county clerk today The properly of the company Is I located In Miners Fork llln Cottonwood ruining dlitrlct Halt Lake county Hie capital stock is deed at 1 150000 The par value ol each share Intl The cfllrers of the company are as followt William II King president Harry M Udloy vice PreIJoul Charles U Horelall trurer Otto Hudson tecrelary Orson Banders director All tbeifllceri oe roldeol ol Halt Lake City wllh Ibo exception of Mr Banders who resides at Murray Mur-ray Itlua crud Nuu Ihe JtoriiliiK Btar mine and mill at Silver City Ida are about to be started up 1rMiduit John Deco of the Mercur and Ueorge IV E Dory of Ihe Over land woof out to Mercur Ibis morning morn-ing It Is reporlol that thin Mammolb mine la at present showing ore which goes 1 91 ounces In cold to the Ion Tie trlko was made a week ago In an up raise from the lSUCMoot level about aoieet north vf the ikafl Articles of Incorporation of the Ex Ira Bfialou Mining and Mllllns torn piny with H capital stock of tICO 000 Jt divided Into fl hares wure filed iu the cltlce ot the county clerk late yei terday The company will operate In the Weet l MounUlu dstrlct Ito capital took befog represented In the Snow drill Baby Fraction and the Jenner clalrue John Uemrlch Is prisldect J 11 Hedges vice urealdenr sad O D Oardauler stcrelary anti tresurer ol the company whil the luoaruora I rsari John Huaiilih Hooper Nth J II Hedges John Darn U HAIrli JJt Hush and UI > Uirdaulir ui this clly |
