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Show V TIMERS :HMI2ERED DOWN PRICES OF FAVORITES broken within' the' next sixty days; will be .capable of reducing 1800 tons of ore daily on or before January 1, 1906, and can' be made to treat as much as 6000 tons should the management' decide to enlarge the plans -.that have been drawn. . When this mammoth structure has been completed it Is estimated that the cost will total up around the $2,000,-000 $2,000,-000 mark, and another link in the great chain, that connects the wealth of the East with one of Utah's'infant industries, indus-tries, will have been welded! - - . , AFTERNOON CALL. !'' ' e -v.' O . ) A great deal of activity was ) shown on the market ' this after-V(ft ) noon, though' prices were again re- duced. AJax. the first trader, sold ) 100 shares at l,-and Lower Mam- ) ( moth was 'unmercifully hammered, w GO being reduced- from' 16H - to 14'4 (!) cents, with the unloading of 5100 shares,, while May Day was . put () ) down to 25 cents flat as 100 shares ff) were released. j4 . WALL GETS OPTION ON STARLESS GROUP. Col. Wall has acquired an option on the Starless group of eight claims, at Bingham, and development work will be begun at once. The optian calls for the payment of $00,000 at the expiration of seven months, and as the Colonel has been successful In every undertaking underta-king in Bingham thus far, another producer pro-ducer may be developed in this property, proper-ty, which adjoins the great Utah Copper Cop-per company's ground on the north. VISITORS GO THROUGH MAY DAT WORKINGS. A score of visitors were ' escorted through the underground workings of the May Day by the superintendent Sunday. The storm, which included a driving snow, cleared away before the arrival of the train yesterday, and though the roads were still soggy the delegation reached the diggings without with-out experiencing much difficulty, and express themselves as fully repaid for the climb up the mountain by the revelations reve-lations at the mine. , Manager . Darmer returned from the property and was again at his desk this morning. - ' . , - -. - ! After a vacation . of two 'days the brokers took advantage of the opportu- nity to 'wljet their carving-knives for the favorites and proceeded to .take a , few slices out of May Day and New York. , ' , ' Th other stocks traded in were given ; " very fair quotations, and a few of them ; were boosted some, though the volume of business. was quite smalL AJax responded flrst to the. order for ' " 1800 shares, and the prices touched 15 cents, -with Lower Mammoth trotting up to 18 cents as a demand for BOO . shares was satisfied. Mammoth was very strong and only 200 shares were released, as the scale slid up to $1.09. while May Day looked groggy as 1000 shares were marketed at 26 cents. Un-" Un-" cle-Sam Consolidated responded to a . bid for 100 shares at 34 cents. Little Chief again appeared active, with only - 200 shares coming in for 3 cents before be-fore a better price was asked, and New York quickly receded to 71 cents, with sales aggregating 700 shares, while Te-, Te-, tro found a purchaser for 600 shares at 184 cents. ... Open board transactions showed decided de-cided improvements over the regular all. with. May Day being the sole loser in prices. Wabash gained considerably, considera-bly, while Daly Judge. New York. Sacramento. Sac-ramento. and Yankee held their own. The closing quotations were as follows: fol-lows: Bid. Asked. Ajax 15 -.15Vt Alice 50 . 85 . Boston Con '...'8.621a 8.87 Rullion-Berk . 1.00 1.60 . Beck-Tunnel .07 .'0 Butler-Liberal . 11 .12 . Carisa .11 1 Con Mercur 34 .36'a j Century. .08 Creole . Daly . ,.. ... 2.25 2.45 Daly-Judge . 5.60 6.50 Dalv West . 14.00 15.00 Kaaile & B Bell 60 1.00 ' -Jalena 10 Grand Cen 3.00 Goldneld Bon. 03 Horn Silver 1.50 ...... Ingot . 02 .-02 Jim Butler 90 1.00 Joe Bowers 00 ...... Little . Chief 03 : .04 Twer Mammoth .16 ! Montana Ton . 3.20 Mammoth . .-1.09 1.14 May Day . , ' -2 Martha W 00'i ...... New York .' 70 .71 Ontario f Sunshine Swansea . 25 south. Swansea . '-J -o?,, Sacramento Si" t?X " - Silver King . oi.Za 59.50 Star Con Silver Shield . -JO .33 Tetro . -J nited States 33.62 33.25 . Uncle Sam Con . -33 - Victoria I-6 . Victor Cdn ,- Wabash . l-5 l 0J Yankee Con vnnEVnnv SALES. NEW YORK TAPS NEW VEIN ON 800 LEVEL. Information from the New York mines at Park City this morning shows that the vein has been tapped at a distance dis-tance of twenty feet in the west drift off the 800-foot level. While the assays from the ledge were only 27 per cent lead. 16 ounces silver and $1.20 gold. It must be borne In mind that this was from the first shot, and that the company com-pany has a run of 3000 to 4000 feet In its own territory in this western direction, and a much more encouraging result is anticipated by the management as the new ground Is further developed. As nearly as can be ascertained the top of the ore zone was encountered on the 650-foot level, and if the values Increase In-crease at greater depths the policy of the company will be to drop the shaft from 200 to 400 feet deeper. ORE SHIPMENTS. Taylor-Brunton reports shipments this morning reaching the valley smelters smel-ters to be fourteen cars from Nevada, seven from the Horn Silver at Frisco, five cars from Tlntlc, and two cars from Bingham. At the Pioneer sampler sam-pler two cars were reported from Stockton, three cars from Bligham and two cars from Tlntlc. TODAY'S TONOPAH STOCKS. (Furnished by Brokerage and Finance company, successors to Hudson Sons A Co.. brokers, room 6. D. F. Walker building). build-ing). Tonopah $13.76 Montana Tonopah $3.40(&3.45 Tonopah Belmont $1J55?i1.40 Tonopah North Star 6Kc Paymaster 7c OUTZEN MAKES GOOD. It will be pleusing to the friends of Henry Outzen to know that his two years' research in the properties of the Annie Laurie Kxtension ' at Klmberly have been rewarded by a good shotting of ore in the breast of the long tunnel which is in some 500 feet. ('roaat-Cttlng on the- vein will be continued. hlle the main tunnel will be extended 2U4 fet where it is contemplate! anutht-r vein will be tapped dti this Klmberly proposition. AJax. 300 at 15c. Ia00 at ley. Lower Mammoth. 600 at 16c. Mammoth. 100 at $1.09. 100 at $1.09. Mav Day. 1000 at 26c. Uncle Sam. 100 at 34c. Nkt at 72c. 100 at 71c. 100 at 71c. - Tetro. 600 at ; - OPEN .BOARD. Dal v-Judge. 25 at $6.00. . Mav Day. 6500 at .25c. 500 at Mc. 2000 PrK 200 at 72c. 300 at Tlci.lOO Sacramento. 500 at 74c. , Wabash. 100 at IL.0. - Yankee. 100 at 3d'c. TOTALS. Regular! 6300 "hares ft $1447.00. Open. 10.325 shares at $3--Total. 16.625 shares at $4529.00. " - Child, Cole & Co., Brokers, .100 Atlas block. Both 'phones, 325. NO IMMEDIATE BELIEF . IN SIGHT FOR ONTARIO. - At. a distance of forty-five feet from - where the drift around the cave-In on the Ontario drain tunnel was started. ' the workmen have changed the face of the detour and are now running parallel paral-lel with the main tunnel. Every effort o loos"n the cave has failed, and it is feared now that It Is much more ex-" ex-" tensive than was at first supposed as nines driven In the face of the fallen Xla a distance of forty-five feet failed to reach the water that Is gaining gain-ing every hour. ' 11 the men that tan be worked to ulvantage are being placed In the tuh-iiel. tuh-iiel. and the situation is far from en-louraglng. en-louraglng. From the present outlook t seems that a long and tedious cam-pulgn cam-pulgn confronts the company before re- lief may. be obtained. I DECREASE IN SHIPMENTS, j ' Ore shipments from Park City last week show a decrease, owing to the fact that the Daly West output has been curtailed, because of the stoppage in the drain tunnel. Shipments report-f report-f d by the Mackintosh sampler were as follows: ' KeaU-KeVh V.V. - . ' Total .... J.JMU.2S0 COPPER OUTPUT WILL BE LARGELY INCREASED. . . " j ' It jg uttle wonder thaOthe gTeat cop-' cop-' . irf-r-bearing zone of BInaham should begin to' attract the attention of the combinations of New York and Boston capital when one stops to contemplate the enormity of the output from this " - ' old camp. ' ' According" to the Bingham Bulletin , 2435. tons of ore were mined daily last week 'giving employment to about 2000 men. But this Is not. the full capacity f the mines of that locality, for the various companies are to add to their l resent milling and smelting plant so . . that the output can be doubled, and the outpufof copper alone during the next - year will reach in the neighborhood of . 2.000,000 pounds per week should the ' present plans be carried out. TR0P0SES TO BUILD AN IMMENSE SMELTER. .' . Now that the American Smelting and Reim.ing company has Instructed Manager Man-ager C. W. Whitley to complete ar- , - rangements for the building of a copper I plant with a daily capacity of 2000 tons 1 the farmers down the valley may feel assured that their proposition to enjoin the-smoke nuisance has not frightened the mining combine of the East, who are .delving the mountains for ore within with-in the confines of Utah. ' . ; This plant, for which ground will i ' - ' ' ' x ' LEVY AN ASSESSMENT. An assessment of 1 cent a share has been levied on the stock of the Whirlwind Whirl-wind Mining ad Milling company. The property is located in American Fork canyon. This is the fourth call made upon the stockholders for money with which to prosecute development work. MINING INCORPORATION. The Iowa Mining and Exploration company filed articles of incorporation with, the County Clerk this morning. The company is capitalized, at. $200,000. divided into 500.000 shares of a par value of 40 cents each. The officers of the company are: President. A. O." Ja-cobeon; Ja-cobeon; vice-president. Curtis B. Haw-It Haw-It y; treasurer. Robert D. McCreery; secretary, Simpson Kelly. TO INSPECT PROPERTY. Former Senator Kearns, who arrived from Los Anegeles yesterday evening, will accompany President Keith to the Silver King tomorrow for an inspection of this great bonanza. . Among their various other interests In, the Park City camp, the Kearns-Keith mill property will' be given an opportunity to show the result of its developments in some of the numerous ore channels that Superintendent Su-perintendent Daly has uncovered since the last visit made by these two large shareholders. - MINING NOTES. A. J. Cooper, a pilgrim from the confines con-fines of the Goldneld district, came In from that Nevada El Dorado yesterday evening, and Is much gratified with what he saw. S.' D. Bridge, a . mining man from Monterey. Mex., is In the city, and will visit some of the surrounding camps before he returns to the. land of ta-males. ta-males. Dr. Pratt, one of the directors of the New -York, came dpwn from. Park City on last night's train. -i- |