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Show NEVADAS IN DEMAND ON MINING EXCHANGE deemed rather Insignificant In comparison compari-son with the work which be will have to manage as chief executive transportation officer In charge of the smelter corporation's corpora-tion's gigantic projects. His traffic management man-agement will cover everything in connection con-nection with the American Smelting and Refining company, the American Smelting Smelt-ing Securities company, the Smelters Steamship company and a score of smaller small-er corporations, including railways in Nevada and Alaska and smelters and mines In both hemispheres of the Western West-ern continent. On the Pacific coast alone these companies own smelters at Tacoma, Everett, San Francisco and Selby. Their properties in Utah, Colorado, Col-orado, Nevada. Mexico and South America Amer-ica are Immense. Their holdings in South America are valued at a hundred million dollars or mors. Mr. Sproule entered the service as a clerk in the freight department in 1882 and leaves it in tbe highest traffic position In tbe West. It is known that President Har-rlman Har-rlman and Traffic Director 8tubbs were extremely reluctant to accept his resignation, resig-nation, though it ' Is said that Mr. Har-riman Har-riman is, with Jacob Sen iff. his associate asso-ciate in the Harrlman lines, a large stockholder in the smelter properties of which Daniel Guggenheim Is president, and therefore has not altogether lost Mr. Sproule's services. It Is said that the offer made Mr. Sproule Is most flattering, aad. though little Information on that subject can be secured directly. .It Is believed carries car-ries with it a salary of 135.000 per year. His .headquarters will be at 71 Broadway. Broad-way. New York. Kelly of Butte and Oscar Olsen. Prominent Prom-inent men present at the meeting were Col. John M. Daugherty of Omaha and Judge William Clancy of Butte, ' the latter having acted as chairman. Oscar and Axel Olsen of Peterson and Wil-lard Wil-lard Scowcroft -of Ogden are also large shareholders in this promising enterprise en-terprise The management anticipates joining tbe shipping list very soon after the installation of its power plant, and there is said to be sufficient reserves in sight to maintain a very profitable yield. The Carbonate Hill is, therefore, looked upon as & triumph for the claims of many Ogden citizens who have long maintained that there was the making of many good mines in the mountains of Morgan county, where the Carbonate Carbo-nate is located. TONOPAH RECORDS. Greater records than ever are being made by the Tonopah. Nev., mines. Shipments aggregate 2000 tons per week, and the leader in this production produc-tion is the Tonopah Mining company,' which paid a dividend for the second quarter in 1906 of 1350,000 or 25 per On the Salt Lake Mining exchange thia morning Nevadas were stronger favorites than at any time in the history of the - organization. Inquiry for shares in Ne-' Ne-' vada companies during the last week from Utah people who are beginning to be Interested la Nevada mines had presaged pre-saged the trading locally, which has set ' In this week, manifesting the trend of these events Tuesday and Wednesday In small degree and producing the largest larg-est volume of business in these shares today which has been realised since Goldfleld and Tonopah atarted. On the regular call Montgomery Mountain Moun-tain went to 48c for 500 share, and on the open board 500 shares of the same stock changed hands at the same price. It was stronger than yesterday, and holders of the larger blocks! are expecting expect-ing at least $1 within six months, l Nevada Hills was very firm at $3 to $3.05. and there was not much trading, but the bidding of the bears formed a conspicuous feature of the session. - Thirty-one hundred shar.es . of Stray Dog changed hands at 45 to 50c, and 500 ' shares of Silver Pick went at 63c. Great Bend, another Goldfleld stock, 'became a popular feature in the open board session, after 100 shares were sold .. t 55c. and It was pounded down to 64c by the time the next sale could be effected. ef-fected. Six sales of New York occurred, aggregating aggre-gating 9000 shares at prices ranging from S3c down to 31 c. May Day was strong at 14c, and Daly Judge the same at 212. and Beck Tunnel stood firm at 91 to 95c. Sales of South Columbus were made I at 68 to 69c. Tetro sold at 15c. and Star Consolidated at 9c. Total sales aggregated 21,500 shares, valued at 212,910.60. The quotations were aafollows: aaS 1 Bid. 1 Asked. Albion . $ .42. $ ...... Alice 2.75 J.25 Ajax 21 .14 Bullion-Beck 2.75 3.50 - Boston Consolidated 5-00 Beck Tunnel Con 2.78 3.00 Carisa 26 .27 ' . Creole 60 'Consolidated Mercur 54 ' .69 Century 05 .15 Daly - 1-35 1.43 Daly-Judge 11.75 12.00 " . Daly West 16.37 17.00 Eagle Bhie Bell ' 2.50 Emerald .08 Grand Central 3.60 Galena 64 Horn Silver 1.25 100 Ingot 01 .02 Joe Bowers 01 Little Bell 7.25 8.00 Little Chief 03 .04 ' Lower Mammoth .38 .42 Mammoth 1-60 1.80 May Day : 14 .15 Nevada Hills 8-00 8.02 Colorado M. 30 -35 South Columbus .69 .70 Stray Dog 4 .44 .48 New York .' 32 .33 Ontario 2.75 4.50 Rocoo-Homestake 20 Richmond-Anaconda 03 .06 Silver King 20.00 23.50 Sacramento 10 gilver Shield 06 - Star Consolidated 09 South Swansea 03 Scottish Chief .03 Sunshine 004 Tetro 15 .17 United States com 55.00 ........ Uncle Sam 37 .40 Utah i 100 Victoria 2.80 Victor Consolidated 02 .014 . Wabash 50 -68 Yankee 37 .39 Tonopah Stocks . Golden Anchor 60 .64 Tonopah Belmont 6.00 6.37 Jim Butler 1.40 1.47 McNamara 72 .76 Montana-Tonopah 2.82 North Star .42 .46 . Ohio Tonopah 32 .38 Tonopah Consolidated 18.00 18.25 .Golden Crowa 15 Tonopah Extension 6.25 5.25 Tonopah Midland 2.27 West End 90 3.00 , Goldfleld Stocks I Atlanta j -29 .30 Ijiam Bi. Butte Consolidated. .35 .40 Dixie .10 .13 OoldfleM Daisy .20 v Goldfleld Belmont 02 Goldfleld PM. of Nevada .51 .54 Great Bend 62 -58 Jumbo 1-42 Kendall -68 Mohawk 3.60 3.65 ' .Red Top 1.65 1.90 Sandstorm "9 .80 Silver Pick 51 .55 . St. Ives 63 .67 Bullfrog J locks ; Bullfrog National Bank 60 .66 Denver Bullfrog 1.50 Gold Bar , 1-55 1..0 Montgomery Mt 47 .49 Original Bullfrog 13 Eclipse Tramp Consolidated 1-w Manhat ta nStocks I Granny G M Co 1 Jumping Jack .37 .42 Manhattan Consolidated 1.15 1.25 Manhattan Dexter fi Manhattan L. Joe 03 Manhattan Pine Nut 30 ........ Eeyler- Humphrey -18 cent. The great bulk of the ores sent out went to the smelters during the second quarter of the year, aggregating aggregat-ing 12,139 tons; 5290 tons were milled and 4418 tons placed on the dumps to await the construction of the company's own milling plant, which is expected to treat $20 ore at a profit and have 100 stamps. It is to go into eommis- Ision September 1, and the directors of the company -have declared to stockholders stock-holders that thenceforth dividends of 50 per cent quarterly may be confidently confi-dently anticipated, commencing with the last quarter of 1906. v The shipments from the other mines include weekly 800 tons from the Tonopah To-nopah Extension, 350 tons from the Belmont, 80 to 100 tons from the Midway and 60 to 80 tons from the Montana-Tonopah, and lesser consignments consign-ments at irregular intervals from smaller properties. Recent developments on the Miz-pah's Miz-pah's 500-foot level show that the heretofore regarded barren footwall was in reality ore of good grade and a crosscut sent through it has so far reached a length of sixty-five feet without with-out finding the limit of values on the other side. The ore carries an average aver-age of $35 per ton. Its depth is unknown, un-known, but is believed to extend at least for 100 vertical feet. This property prop-erty is part of the holdings of the Tonopah To-nopah Mining company and was one of the first locations made by "Jim" Butler, discoverer of the camp. The Montana-Tonopah, which has experienced ex-perienced a lot of vicissitudes, is to be managed by Mark B. Kerr, one of the best known and most experienced mining men formerly of Utah. He succeeds suc-ceeds John A. Kirby, recently resigned. He will also remain as consulting engineer en-gineer of the West End and MacNa-mara MacNa-mara companies. It is the intention of the Montana-Tonopah directors to erect a mill for the treatment of its ores, and methods and construction are to be governed by tests recentlv made with a view to devising the best process. GOLD IN BLACK SAND. ' W. G. Davidson of Blackfoot, Ida., who has been operating a placer mining mi-ning scheme for several years at Rich, Ida., some time since sent specimens of the black sands, of which he had much laid aside, to the Government experimental ex-perimental plants for test. The reports re-ports he has just received show that every ton of these sands carries $23 gold. This discovery is of the greatest value to Davidson, as he has found that , by the use of the Wilfley table the main part of the gold can be saved, and that, in addition to the gold values, there are about twelve pounds of zircon zir-con per ton, worth 10 cents a pound. Mr. Davidson also sent some concentrates concen-trates for a Tire test, which assayed $674.26 per ton of concentrates and $12.60 per ton of original gravel. ALASKA'S GOLD OUTPUT. Warner C. WUkins, a guest of United States District Attorney Booth in Salt Lake, and who has just returned re-turned from Alaska after ten years' residence there, says the output of tbe diggings this year will be $10,000,000. He believes also that there is "enough development work now done in the various va-rious districts to show quite conclusively conclu-sively that Alaska has $300,000,000 of gold yet to be extracted. Mr. Wilkins says the country needs a series of canals to carry water onto ground that is rich and so far without water. "One of the remarkable achievements achieve-ments of the last spring," he .n-tinued, .n-tinued, "was the taking of $720,000 from a hole in the tundra by twelve miners. The hole was forty feet deep GOLD FIELD OPERATIONS, An avalanche of rich strikes In Gold-field, Gold-field, Nev., have been lately announced to Salt Lake Interests, and while the Mohawk Mo-hawk ground holds the center of the stage for magnitude of wealth-yielding through recently-opened channels by lessees, the prospectors' work Is showing prime results on numerous claims which have not been regarded favorably until a short time ago. The Hayes-Monette lease on the Mohawk Mo-hawk continues to give forth high grades at the rate of $10,000 per week to the lessees and $3000 to the company, but nevertheless the first visible free gold found on Mohawk ground was disclosed dis-closed last week In the shaft of the Mohawk Leasing company. Lessees are shipping a car per day from this block of a grade identical with the richest ores taken out of the Florence a year ago almost by v Lessee O'Reilly while he was piling up his fortune of halt a million dollars in six months. The McKenxle No. 1 lease on the Mohawk has struck ore worth $147 per ton, and the general average of the face of the upraise where these values occur is $78 a ton. With the improved facilities being afforded on the Frances-Mohawk lease a car per minute can be loaded of ore . that carries $262 per ton. The Belmont Mining company has opened high-grade ore in two places on its property north of Dlamondfleld, and in a vicinity heretofore without credit of production. Free gold is visible in the rock la vast profusion. The C. O. D. lessees are taking out ore worth $20 to $40 per ton. Wllliamsport, Pa., people are profiting from this' strike. Kansas City capital has another lease on the same property. One thousand tons of ore a Week are going out of the camp, and It Is all of grade better than $100 per ton. . SIEGEL SHIPMENTS. Ore that is coming to the Salt Lake market from the Siegel Consolidated Mining Mi-ning company, operating in the Siegel district of Nevada, yields $60 to $70 per ton, and the management declares it has a vast tonnage that can be taken out henceforth very profitably, inasmuch as development has been prosecuted comprehensively com-prehensively and with the intention of making a great producing property. Two cars each week are being sent out, although it has been almost impossible for the last two months to secure adequate ade-quate teams for the hauling to the railroad rail-road tracks at Ourry's, a station on the Nevada A Nothern railroad, which has been the nearest point. It is the intention inten-tion of the company, however, to ship from Cherry Creek as soon as tbe wagon road to that place shall have been placed In good condition for traffic. By this route it will be twenty-flve miles less. The Slegel's ore body is five feet wide, and a drift upon It has been extended over twenty-five feet without any sign of weakness being disclosed. These are Just a few of the reasons why the management considers it has one of the best and biggest young mines of Nevada. LAST PAYMENT MADE. The last payment was made yesterday by the Nevada Hills company on the Warren group at Falrvlew. The com pany holds undisputed title, therefore, to ten locations. In about three months this corporation has done wonderful things In a new camp. It has ore opened in four places, has the values tested and proved over a surface length of 2000 feet, made three shipments of ore that goes from half a dollar to over a dollar per pound, and Is Just now preparing to mine comprehensively and systematically. systematical-ly. The stock that was placed by the company on the basis of $1 has climbed plantation to the public There had been yields from time to time by this property small bunches of .ore. and development bad been carried on in the expectations of securing secur-ing ore bodies of greater magnitude, because the ground lies near the Daly West. Qulncy B. .Adams has returned from the Nevada fields, after having acquired several promising groups of claims in tbe newer districts dis-tricts that are springing up all over the State. New strikes, he said, are dally reported re-ported between Falrvlew and LaPlata. One car of ore from the Mammoth mine was settled for yesterday, and yielded to the Mammoth Mining company $84t3.84, net. It came from the 1300-foot level, where there has appeared a body of tbe most profitable character which tbe company has ever had. The Daly West company is said to be nego-ttHna nego-ttHna tnr tha irnulremAnt of a aroun of and the work was done in sixty iiays." Mr. Wilkins placed tho first dredge on Nome river, and be says also that the first dredge on the Solomon river paid $58,000 in-twelve lavs' operations. opera-tions. He is interviewing local capital capi-tal in the hope of interesting some of it in ditch construction in the territory. terri-tory. , GOLD SPRINGS SHOWING. The greatest satisfaction is expressed by Salt Lakers in the Jenny property at Gold Springs, over the recent disclosures dis-closures of values. One of the heaviest owners, H. A. Kearns, is in the city after an inspection, which showed that on the 100-foot level the ore body is fifteen feet wide, with only one wall in sight. This ore ranges In value from $8.85 to $68.50 per ton gold, and It is the intention inten-tion of the owners to Inaugurate production produc-tion after some further development has been prosecuted. All the indications are that the Jenny will soon thereafter begin be-gin to establish Itself among the best producers in the Intermountaln region. SPROULE'S NEW PLACE. The Guggenheims, in endeavors to find the most useful man they could to manage man-age tbe traffic department of their immense im-mense undertakings, have finally secured William Sproule, who has for many years been freight traffic manager of the Southern Pacific system at San Francisco. Fran-cisco. He will assume tbe duties of his new position October 1. according to a telegram from the Golden Gate city this morning. The salary which the new position carries car-ries is said to be $35,000 per year. While Mr. Sproule has seen the development devel-opment of the Southern Pacific system during the twenty-four years of his connection con-nection with this company grow to extremely ex-tremely large proportions, and be has been entrusted with many vast responsibilities respon-sibilities by his position, they are claims at Park City lying in Boulder Basin, and in which the ownership is divided between be-tween the Ferry estate, Henry Welsh, H. Townsend. Four feet of $20 ore has been disclosed on the Silver Peak-Valcalde property ot tbe O'Meara-Lynch syndicate In Nevada. The values of the shipping ore from claims heretofore here-tofore yielding are generally $50 to $250 per ton. Samples received from the Yerlngton Copper company's properties at Yerlngton are expected to carry 40 per cent in tbe red metal, abounding in sulphides, and receiving receiv-ing tbe credit among Salt Lake experts of being the richest specimens of the red metal ever exhibited in this city. A corporation haa been organized in Salt Lake to place a big general store at Gold Springs camp. Manager James Flnlen says, according to his last Information from the camp, the Last Packer smelter on Loon creek, Idaho, was ready to start, having secured a complement ot men sufficient, after much difficulty. Manager P. W. Madsn of the Century Mining Mi-ning company of Park valley, is In the city with a $1200 bar of gold and announces that others will soon follow. Working along quietly, but profitably, the Gold Quarts Mining company operating twenty-flve miles from Beowawe. on the Southern Pacific railroad west of, Ogden. is making a wonderful record of production. Shipments recently made show the values of the ore are averaging $106 per ton from a depth of sixty feet and under. Tbe ore-bearing xone is ten to thirty feet wide and has been proven on the surface for 1000 feet. The leasing system la in operation with success there. Wlllard F. Snyder says that the Holland tunnel will be continued 400 feet further into Gold mountain by the Kimberly company. The tunnel will then be 3000 feet long. The Kimberly company has acquired two additional claims, adjoining Its holdings, and the management is satisfied of having made a good bargain. The deals were closed upon a recent visit of Wlllard F. Snyder. Walter James and ether stockholders of the mine. 4 - FORENOON SALES. Montgomery Mountain. 500 at 48c Carisa, 700 at Hc-. Hc-. Nevada Hills. 1000 at $3. 1 Stray Dog, 100 at 50c: 8000 at 456. New York. 1500 at $:Vic OPEN BOARD. . Beck Tunnel, 60 at 95c; 100 at lc. Paly-Judge, 200 at $12. Great Bend, 100 at 65c; 100 at 54c. . Little Bell. 50 at $7-76 : 50 at $8. . Little Chief. 1500 at 3c. May Day,. 1000 at 14c, seller thirty days; 600 at 14c Montgomery Mountain, 500 at 48c. New York. OW0 at $3c; 1500 at 32"-e; 2000 at ' $2c: 1000 at 32c, seller sixty days; 1000 at 3 Ho. Nevada Hills, 100 at $3.05, buyer thirty days. Star Consolidated, 600 at 8c. South Columbus, SO at 68c; 400 at 65c ' Silver Pick, 600 at 63c ' Tetro. 1000 at 15c ' TOTALS. 0 Itegular. 6800 shares for $5313. Open, 14.700 shares for $7597.50. Total, 21.500 shares for $U,910.50. Child, Cole & Co, Brokers. ' 100 Atlas block. Boh 'phones, S25. CARBONATE HILL REPORT. At lb annual meeting of the Carbonate Car-bonate Hill Mining company, operating eighteen miles from Ogden, which was held Monday in that city, a report of the administration was read, showing that daring lst year's operations there was marketed $10,000 worth of ore, and that these returns had paid ali the expenses of development during dur-ing this period. It was decided to install in-stall air compressors aa soon as possible pos-sible and power - drills with which to more vigorously carry on the developments devel-opments and take down ore from large bodies disclosed. ' M. A. Dangherty of Salt Lake was elected president, J. T. Finlen of Montana vice-president, T. D. Johnson of Ogden secretary and treasurer. The. tier two director chosen are C. J. to $3 per share, and is scarcely for sale by anybody at this price, and It Is expected ex-pected to reach $10 per share within a year. Only 150,000 shares approximately are out of the hands of the lucky few who got in on the ground floor of the organization. or-ganization. ORE AND BULLION. Twelve big cars of ore from Nevada were released this morning by tbe samplers, sam-plers, nine bavlng been run through the crushers of the Taylor A Brunton mills, and three through the Pioneer company's works. The grades of all are understood to have gone better than $110 per ton. The car of rich ore from the Nevada Hills company, which reached Salt Lake ten days ago from Falrvlew, was not. however, how-ever, among the releases. It is to be sampled, according to promises to the officials of the Nevada Hills company, tomorrow or Saturday. The other releases from the Taylor & Brunton company included 2 from Colorado, Colo-rado, 1 from Idaho and 9 from Tin tic. There were also released by the - Pioneer Pio-neer company 2 from Bingham, 2 from Tintic and 2 from Alta. Yesterday's settlements for ores marketed mar-keted in Salt Lake, according to McCor-nick McCor-nick A Co.'s report, aggregated $30,000. and for bullion $59JXK) was checked out. Total settlements for the day, $89,000. Copper was quoted today at $18.34, lead at $5.75, and silver at 66c MINING BRIEFS. WorkNias been resumed at the properties of tbe Gold Development company known as tbe Mammoth and Breckenridge, In the Gold Mountain district, under the direction of James Long, Jr. The Diamond Nimrod mine at Park City shut down Monday, and laid off the force of fifteen which had been working there. The Sblmp Investment company of Colorado Springs, has been carrying on the work. Cessation ft operations was without ex- V |