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Show MUCH BUSINESS ON MINING EXCHANGE ST LOW PRICES A good volume of business was disposed dis-posed of on the mining exchange this morning, though the prices were reduced re-duced in almost every instance where sales were made. The total number of shares selling amounted to 15,775, for which the amount checked out was $4464.62. The trading began with Carisa, which made a transfer of 600 shares at 16 cents. Daly was sent back to 774 cents, with the unloading of 415 shares, and Lower Mammoth marketed 4000 hares at prices from S5 to 37Vs cents, i May Day held at a fraction above 8 cents, as 3000 shares were released, with Star Consolidated floating 1000 , shares around 11 cents. Beck Tunnel sighted a 30-day seller at 20 cents. On. the .open board, besides a few of the regular list, Daly-Judge responded to a call for an odd lot of 60 shares at I 16.75: ..Columbus Consolidated loosened up 200 shares at $2.19; New York was a I little soft as 5700 shares shaded the 1 price to 19V rents, and Yankee Consolidated Consoli-dated filled an order for 200 shares at 32 cents. The closing Quotations on the grade stuff that will be the sensation of Markham gulch. . Mr. Shaffer acquired the property last summer from an Eastern crowd, who ran out of money before sufficient work had been done to show the true worth, of the ground, and he has not only demonstrated that he is a practical mining man in .developing this property in a manner that is certain to get results, re-sults, but he has proven that he is a good Judge of meritorious property when he sees it. During the winter month the management will continue the opening up of ore bodies, and next spring, after t'no -thawing out of the fiost and snow?, a suitable mill will be placed on the properly for the reduction of the Immense tonncge of ore that has i Seen olocktd iut. wnile at the same i time teams "will be employed to hual j the nrii-class ores that are being taken ' out of the ground and placed on the dump. A test of the milling: ores has been made in. the Wall mill at Bingham, which proved highly satisfactory. Some idea can be obtained of the results by several assays that weie taken, which show that th? average values were $21.50 silver, 19.65 per cent lead and 18 cents gold per ton. GREAT FUTURE FOR NEVADA. James P. Nelson, a veteran mining man of Utah and Colorado, has returned re-turned from the Bullfrog district of Nevada Ne-vada and has some fine specimens of ore taken from some properties he Is operating In that neck of the woods. Mr. Nelson says that there are some mines in that locality that will be world-beaters as .soon as the ground has been opened up so as to admit of the production of the piqclous metal on a large scale. People of this State can not appreciate the immense values that some of the ground is turning out and, according to Mr. Nelson, even the old-line old-line prospectors and mining men do not take any stock in the fabulous wealth of that Nevada mineral belt until they have visited the ground and seen for themselves. The future of the country-is country-is assuredly great and the resources have just begun to be developed. regular call were as follows: Bid. Asked. Ajax J .) J -18 Itullion-Beck l." 1.3T, Carisa W - t'on. Mercur ''' Daly 79 Daly-Judge 6.75 7.0 Dalv West 14.50 Kagle & B;ue Bell !. Grand Central 2.8' 3-l' Ha:n Silver 1.2" 1.85 Little Bell' l-.'O I.ower Mammoth '' Mammoth 90 May Dav Ontario 1.' Sliver King .K' Sacramento .... " "V Silver Shield ,4 Star Con , !" Swansea '-'' Houth Swansea Cnlted States 33."! Cncte Sam ? Victoria l.4" ? Boston Con 1S' 19 .2 But'.er-Ubeial Beck Tunnel l!r lnot la I Ittle Chief "' Xew York W'i -J Richmond-Anaconda ,,, . Tetro ' Victor Ccn ';3a Wabash '3 ?;) Yankee -? .lim Butler Montana-Tonopah 2.' Tor.opah oni U."i Tonopah Belmont l.4T' 1.M Tonopah extension rXrt Tonopah Midway 1.4" l-oO FOREXOOX SALKS. farisa. -5( at 1t.-. Dalv. 75 at 80c; 100 at &2c. Lower Mammoth. 150J at 36c: V at "ic: 800 at 36c; 100 at 36c. seller thir- ''mTv Day. V0 at 81?; & at SUc; WX at Star Con.. 5(0 at 11c: 5't at HWc. Beck funnel. 500 at 20c. seller thirty davi. OPEN BOARD Dalv. H'l at TTc: 100 at SOc. Dal'v-Judge. 0 at S6.T5. oljmb'.is Ccn.. 200 at 2.1?. Lower Mammcth. 300 at 38c: 5li at 3isc: T: at 37' jc. Mav Day. if) at o. . New York. fM at ic: m' at 2oc: aOO at itc: W) at 2me: 1000 at i!4C. Filler thirty thir-ty dars: 1X0 at 1!tc, seller sixty days. Yankee, 200 at 32c. TOTALS. Regular. T3T5 shares. $1632.-5. Open. MOO shares. 12832.27. Total. K.7T5 shares. $4464.(2. BAMBEHGERS IN NEVADA. That the Banitorsers are reaching out into the Nevada fields is siown from the following article appearing in the Tonopah Bonanza: "Jacob E. Bamberger Bam-berger and Ernest Bamberger, the well-known Salt Lake mining men. are after Nevada lead-silver properties, and have just closed a deal for the purchase of the Ne Plus Ultra mine in the White Pine district, near Hamilton. The property prop-erty is one of the most valuable lead-silver lead-silver propositions in the State, and has a splendid record as a producer. It is said that the Bambergers will next turn their attention to the Lone Mountain Moun-tain district and will seek to acquire some of the most valuable of the lead-silver lead-silver properties of that rich section." Child, Cole & Co., Brokeri, 100 Atlas ' block. Both 'phones 323. PRICE OF COFFER IS AGAIN ON AN ADVANCE. Copper is headed again for a higher price In the Eastern markets today. An additional one-eighth of a cent has been fidded to the settling price of the red metal while over the private wire of james A. Pollock & Co.. the ticker announces an-nounces that thc lAnlon market has udded arother 15?. to the market price uf this metal. It se-ms to b- impossible to keep the demand for fopper curbed any longer, dffpite thc efforts of both the consumers consum-ers and the large producer, as the sup-plv sup-plv If well-niph exhausted all the time. ind the output Is being produced on as large a scale as thc present capacities of the copper properties will permit. A twenty-cent market is being predicted, tbcugh every effort is being made to hurry the eciuiprneii' for the various loy.pcr mines which will insure an increased in-creased output. j ORES FROM LOWER MAMMOTH. At the sampler Is a forty-ton consignment con-signment of ore from the new ore chute that was encountered off the 1500-foot level in the Lower Mammoth properties in the Tlntlc disrict. and another lot is in transit. T;- shipment that was made last week uid not show very good values, but the ore has been improving as the drive in the drift .was pushed forward, and at the local offices of the company it is anticipated that these two shipments of this week will show a margin for the company after all the charges have been deducted. The character char-acter of the ore indicates permanency of the vein, and the question that now seems to be uppermost In the minds of the officials of the Lower Mammoth Is whether or not values can be obtained that will Justify the company in sending send-ing the ores direct to the smelters. AFTERNOON CALL. The sales during the afternoon call on the mining stock exchange this after-niMin after-niMin were as follows: Carisa. Sort at IS ents, and .V) at an advance of cent. Tetro. 20") shares at 6 cents. ORE SHIPMENTS. Si S 6 sS'S?'? : Taylir-Bruntnn leport the receipt (i) of seven cars of ore from Tintic, (Si four cars from Bingham, one car (5) from Idaho, and one car from Ne- (S) S) vada. The Pioneer sampler is In (it receipt of one car of ore from Ne- or ( vada. two cars from Tintic. one (S; car from Idaho, and two cars from (Sj it) Alta. S METAL MARKET. Silver is being settled for today at SI'i cents per ounce, copper castings at 15" cents, and electro at Ift'i cents, while local lo-cal lead commands $3.50 per WO pounds, and New York Is paying J5.15 per !0 pounds. SILVER PICK IN DEMAND. Nat Bops. Sen Frnncisco (-orrespon-dent for James A'. Pollr.ok & "o., wired today a follows: ".Silver Pick in demand de-mand here and large sales at 10 cents. January Jones said to have takpn lease en thi property, which Is showing up well. It is rumored that the Black Butte has closed down pending the arrival ar-rival of McKane." MINING BRIEFS. FUSHING DEVELOPMENT ON IRON ORE CLAIMS. Parley p. Canfield is pushing devel-ov.ment devel-ov.ment work 011 the thirty or more iron claims located in Bull valley. Washing-ion Washing-ion oountv. in which he recently sold a one-half interest to Co!. S. P. Milner hi. d ass ciates of this city. Mr. Can-fc-ld says that there will be about fifty laims patented during the next year, which nre traversed by immense veins of iron ore deposits, and that In the spring a campaign of development will be inaugurated that will mean something some-thing for the southern section f I'tah. The first payment . on the property. Mr. Canfield says, was a large one. and that in July another large payment will be made. He says that the new parties interested mean to produce the Iron on an extensive basis and not merely hold the patented ground for an advance In price. This Industry will be one of the iost Important factors In the upbuilding upbuild-ing of this State, and Is one of the great resources of Utah that has not been Eiven sufficient attention during the :ays of the pioneers, because of the l:ck of' transportation facilities. With . tne advent of new lines of railway the ountrv is being opened up and the iron industry will doubtless prove to be not the least of the great resources of this r.terniountaln country. William Mucklow. president of the Majestic properties In Beaver county, has established his office at No. 10 Wall street. New York, having withdrawn from the old firm. He Is now going it alone. President .Tol-.n Brock and some Eastern East-ern associates passed through the city Wednesday en route to Tonopah and southern Nevada points, where they will Inspect their railroad and mining interests. Som '.ow-grade orr from the Ploche Consolidated Is being loaded at Modena for consignment to the local smelters, and if found profitable to ship, will be followed by other consignments. Ore and bullion settlements yetterday amounted to $60,900. divided as follows: frilver. lead, gold and copper ores, 123,-700; 123,-700; base bullion. J31.200. Manager C. H. Doolittle of the Utah and Eastern Copper company, has gone south to the Dixie properties, and will not return until he has Inspected the mine and the smelter, which has been running a couple of weeks. SHOWS GOOD RESULTS IN THE MYSTIC SHRINE. Leroy G. Moser, who has charge of the Utah mines that are being operated Ly Fred G. Shaffer of Denver, reports Food results being obtained at the Mystic Mys-tic Shrine properties, which he Is opening open-ing up in Bingham. The tunnel on the Navajo roup has been run In a distance dis-tance of 800 feet, which gives a depth of about 400 feet from the surface, and the. values of the smelting ore are from $18 to S38, and the concentrates show it to $7 per ton. 'This drive In the mountain has been extended through this grade of ore and the men are now headed for a bedded vein that Mr. Moser Mo-ser Is confident will show some high- |