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Show ,j .Give your delinquent and assessment notices to THE TEL-i TEL-i ' GBAM. Careful attention and reasonable rates" assured. Cal! I ,' cp 240, both 'phoneg, for a TELEGRAM man to call on you. . Almost all shares on the Salt Lake . j Mining Stock , exchange declined in r prioo this, morning, apparently for no i reason., except there was little .demand, the weather was cold, and there were . f ew buying orders in the hands of the . brokers. :AU the mines and prospects represented repre-sented by the listed stocks are equallv as meritorius today in point of yield and future possible production as they were yesterday; -no change whatever was reported from their seats, and . withal it was merely a cold, cheerless day the like of which seldom is conducive con-ducive to speculative buoyancy, and MMBMHMVVaHHM'VlaBBiBSIJBBMBBSajBSSHaMWBSsasSMSMBSSSaSBsW TO OPERATE OX EEAVEE. - The Commonwealth Mines ' company, organized under the laws of Wyoming, to operate in Beaver county, is one of the new corporations attracted to that vicinity bv the extremely satisfying results which capital is securing there when invested in mining operations. isewton Dunyon is president, Wflliam M. Bradley vice-president, and W. T. Atkm secretary and treasurer. The other two directors are James H. Stro-vell Stro-vell and James H. Paterson. - Secretary-Treasurer Atkin is general Jgent for Utah of the Colorado Fuel & Iron company. There are seven claims in the group wmcn inis new company is goinir to develop. They are situated in thtar district, nine miles from Milford, and are flanked by the Hub property on the west and Burning - Moscow on the north. v The Beacon claim, which forms one pf th principal assets of the company, has produced over $150,000 worth of pre, even in the undeveloped condition it is in: The Rocky Mountain claim has produced $400,000 during its earlier stages. Both these properties, therefore, there-fore, are known to have very assuring .ore resources already proven, and the new owners are contemplating the inauguration in-auguration of a big scheme for their greater - development, with the intention inten-tion of very big mining. Bunning through the claims, for a - tno chilly weather was reflected upon . the market. r , . Silver Pick was quoted at $2 per share, Eagle's Nest at 45c, Lou Dillon ;at-4l(S42c, Nevada Hills at $3.25 and Nevada Fairview at 30c. The largest sales were of Lower Mammoth, at 95(S97e, Dalv West at $20.50(5:20.75, Scottish Chief at 11 ;i2c, and May Day at 1718c McDonald-Ely .was $2.40 bid, and Ohio Copper around $4, . but without sales being recorded. Yellow Bose was 17c bid. This ia one of the latest - Goldfield flotations. The property is ' south of the Great Bend at Goldfield, and the control has passed into the hands of Tucker, Ballard Bal-lard & Co. and Edson, Key & Co. of - Colorado Springs. The intention of distance of 6000 feet south of the Burning Moscow, there is a tremendous contact ledge between lime and granite, gran-ite, and this is intersected by half a dozen cross-fissures in two of the claims. . . In the Beacon the ledge is fifteen feet wide, and the sampling done by Newton Dunyon gives the average of the ore as 13.2 per cent copper and 7.2 ounces' silver, with a good percentage of lead. At another place on the "property "prop-erty there is copper that carries 28.7 per cent of that metal. Cutting right down through the mountain side is a remarkably strong ledge of carbonate laese.BiTM is to list tne leiiow.Kose on the -Bait Lake as well as the Colo- rado Springs, Denver, Goldfield, and New" York exchanges. The flotation in Salt Lake will probably bo handled by Child, Cole & Co. . : , f -The forenoon's "total sales were 47,720 shares, valued at $35,031.50. The quotations were as follows: I Bid. Asked. Alice .... ....!$ 8.00 $ $.00 - ' .83 .84 Bullion-Beck - 2 50 a"" 1.17 1.22H 9eol - .10 .85 Con. Jiercnr , .50 . .53 Daly 2 is e a copper ore. - The Burning Moscow is producing bonanza -ore all the time, and it is claimed that its vein has been worked right up to the end lines separating it from the Commonwealth company 's possessions. - The Hub property, adjoining on the west, and evidently covering one of the strong cross-fissures, has just' commenced com-menced - producing sensationally high grade ore, and that the same ledge will be quickly opened jn the Commonwealth Common-wealth is a certainty. ': ELY EESUEEECTION. . The Ely Resurrection company" lias decided - to open up its estate- on a larger scale than bad been at first contemplated, con-templated, owing to . the exceedingly gratifying success- with which the treasury stock has been absorbed and the high price it has commanded. "None of our shares has been issued for less than 1 per share,'' said President Presi-dent George R. Raymond, "and under our last arrangements we will start big development with enough capital in the treasury to bring the mine into big production very soon. The only thing that may handicap us will be the inability in-ability of the supply houses and the manufacturers of machinery to get our orders filled. -.'The original owners of the stock have donated to the treasury a total of 600,000 more shares of stock than had been set aside for this purpose, and the treasury therefore has 1,400,000 shares out of the total capitalization of 2,000,000 shares. That, means that there will always be ample substance upon which the management may draw for-development and emergency capital, capi-tal, and assures us that no harassment whatever need be encountered at any Daly-Judge 12.00 ia!25 Daly West ... 20.75 21.75 Eagle Blue Bell 8.90 (hand Centrsl .. 3.20 8.25 Galena .01 Little Bell 7.90 8.90 Lower Mammoth .95 Msy Dsy .18 Nevada Hills 8.22H 3.25 Nevada Fairview .SO1 .814 Ontario 3,50 3.55 " Roeco-Homestake . . 50 Silver King ...... 22.00 22.50 Sacramento .... ...... .n ,12 Silver Shield .15 .20 Star Coo.. 12 124 Stray Dog .80 ...... 7. - Swansea .............. .04 South Swansea . - .05 ' " .07 4 United States .... .."64'.$0 P 1.60 1.90. Lncle Sam Con .as- .89 Victoria ....... 2S5 2.75 Butler-Liberal ........ .08 .11 Beck Tunnel Con. v. ; 1.32H "1.37 . Blackjack ,40 .49 Cyelon .... 07 . Century .... 37 Colorado J -.92 .98 i1t 00 .014 Emerald .... .25 Gold Daisy S.00 Ingot- 02H .. .024 Jo Bower vOl"' .02 Little Chief ,17 .18 New Tork 26 .27 Richmond-Anaconda ... .05 .08 Scottish- Chief 11 .12 South Columbus 48 .51 Tetro .... ,20 Victor Con.. .10 .104 Wabash . .40 Yankee Con.. . .42 .45- Eagle's Nest .43 .46 - Lou Dillon 41 H .43 North Stsr .50 Atlants .'...;.',. .90 1.05 Dia. Blk. Butt .08 .72 Diai .15 .20 Gold Bel.." , 1.00 . Great Bend 1.45 1.60 Silver Pick ... ; 2.00 2.15 Gold Bar 1.50 2.00 Montgomery Mt.. ..... .55 .S3 time for lack of development funds, or, capital for overcoming the emergencies emer-gencies consequent upon calamities or accidents at the property. "I guess our company has foreseen almost everv possible emergency that we might face, and has prepared to meet 4.bem all right from the start. After a small block already on the market in Salt' Lake has been disposed of, we will not sell any more Ely Resurrection stock in the West. The entire treasury is to bo placed in Boston Bos-ton -and New York, and will be disposed dis-posed of through Eastern brokers, who are to protect the stock as soon as it is listed on the exchanges of both those cities. ... "Manager J. A. Jacobson has decided de-cided that a deep shaft will be sunk at once on the property, and is going to commence work on that project irame-diatelr. irame-diatelr. ' I do not believe there is another an-other Ely company starting so auspiciously aus-piciously as ours." MORNING SALES'. , Silver lick, 200 at $2. - X Bullion-Beck. 100 at $2.C5. , Cari&s, 300 st $1.20. Daly. West. 45 at $20.50; 125 at $20.75. Eagle's Nest. 500 at 45c. Lower MsmifJth. 1500 at 97c; 1000 at 96c, seller sixty dsys; 600 st 96c; 100 at ' 85e, seller sixty days. - Lou Dillon, 1300 st 42c; 500 at 41He. May Dsy, 1500 at 17e; 1500 at 17c; 8000 at 18c. Nevada Hills, 300 at $3.25. . Nevada Fairrisw. J500 at 80c. Ontario. 100 at $3.50. ' . rfitar Con.. 2S00 at 12s." ' Colorado M . 500 at 93e. Ingot. 1000 at 2e;-3000 at 2tc. LitUe Chief. 500 at 18c: 4000 at l'He. - Scottish Chief, 500 st 12e; 1000 at 11 He; 1 , J500 st 11c. Victor. 500 at 10lc. . Wabash. 800 at 38c; 200 st 40c, buyer sixty dsys. Yankee, 500 at 44c. 1 . . OPEN BOARD. - Ajar, 200 at 33c. Black Jack. 100 at 46c. Colo. 31.. 100. at 3c. Grsnd Central. 100 at $3.25. ' Littl Chief. 8000 at 18c; 8000 at 184c. : New Tork. 600 at 26 4c: 500 st 27c. ; Pilver Pick. 200 at $2: 100 at $2.05. Victor Coa 1000 at lOHc - . TOTALS. Regular. 30.070 shares. $13,846.50. Open. 16,750 shares, $31.15. Total. 47,720 shsres, $35,081.50. ' PAY 9EC IN BLACKHORSE. . A telegram this morning' from Ogden says: .The Blaekhorse bilver Creek Gold Mining company, recently organized organ-ized by a number of Ogdenites to iterate iter-ate in the new Blaekhorse district, contemplates con-templates the shipment of ore from the surface that carries $148 per ton iu gold and .100 to 1125 silver per ton. E. W. Hulse. the young prospector who found what he calls the Silver Creek ledge, says that there are out-croppings out-croppings for over a mile wherein the values nave been found to be cot Jess than $87 a ton in silver and gold. In many of the specimens in the seven tons of ore already piled around one hole opened on the ledge thpre is considerable' horn silver. . It is Mr. Hulse 's intention to begin shipping from this property as soon ss the necesJ sary buildings can be erected for bunking bunk-ing and blacksmitbing. J . The nay .parts of the ledge range in width from eight to eighteen feet, and the rock is generally rich enough to bear 8 wagon haul to the railroad at Ely forty- miles distant and thence to the Salt Lake smelters, and then leave a wide mar ein of profit. These conditions are . said to attain" in tbe-ledge tbe-ledge as soon as the, surface wash is removed from the pay' rein, and to reach this usually a foot of earth only must be scratched' off, - |
