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Show ' lit :i5SQ stags wm i ; M ' Ki EXGWK8E the capacity to handle the ore, and that the mill should go into commission early in 1907. "The new Colorado slope," he wye, "gives promise of being one of the largest bodies found in the mine. A twenty-drill electrically operated air compressor will be put in operation within sixty days, reducing power expense ex-pense 25 to 30 per cent. The contract with the Telluride Power company com-pany will save Boston Consolidated the cost of a $250,000 power plant also. "I reiterate the assurances con- i There were comparatively few sales s the Bait Lake mining exchange thig ntorning of record, although trading in ij unlisted companies was quite lively and considerable galea were made. ' May .Day waa stationary, failing to cary from the standard of 14c, where it has remained for several days. Beck Tunnel was steady at 96c, and Golden Crown listless at ISc. On the open board May Day declined to 13 c. in - !ie face of sales aggregating 4500 jbarea. The total sales of the morning see-si see-si on as reported were 7600 shares, yal- ued at tl256.- . The quotations were as follows: Bid. AskedT Albion .. ..$ .40 $....... P lice ..... .. . ... .... 2.7s t.OO Jax .1. .. . ....... .10 .234 iiulllon Beck .... .... . .... 2.80 2.25 toston Con. ...... .. . ... 25.04 , Putler-Liberal M ........ .06 .10 Lech-Tun. Cos. . . . . . . .SO .96 Hlack Jack ..... .90 arise ..... . . . ...... 25s .264 t roole ,.. ... ... ... . . . . . .60 (.on. Mercur. . ... a. .52 .66 Century ........ ...... ... ... 10 ( olo. M. 1.90 1.50 i;aly Jadge 1100 11.60 1'aJy West ....... 16.00 17.00 agle ft Blue Bell 2.6 ivmareld ..... ...... ....... .07 f.rand Central .6T 2.65 yilena ... ... .. .OS l orn Silver 1.26 I ago 01H .02 . Joe Bowers OlVa .02 ittle BeU 7.00 2.26 Little Chief 02 1 ower Mammoth ..... ... ... .41 .50 . Mammoth ........ ... ...... 1.70 1.90 May Day - 14 .14V4 .. Nevada Hills 2.86 2.95 New York 81 -83 Ontario ...... : , 2.75 4.00 nocco-Homestake ... .20 - . tilver King 20.00 25.00 Sacramento .. ... ..... .10 .14 niverehield .... 06 ' " ,-ar Con. , ' Tsuth Swansea .... .03 .04 iaunshlne ...... ... 02 Tetro $ olted States Con. 55.00 57.00 acle Sam 86 -29 tub 85 1.07 ictOria J-80 3.00 tctor Con. .03 V.'abash ... .62 snkee 35 .26 fopopah Stocks 'olden Anchor .62 .58 '.olden Crown ..... ... ..... .15 im Butter 1.37 1.47 lcNamara ...... .... .72 Mont. Ton. 3.80 l.mi Vorth Star . ...... ... .45 .48 )klo Ton. .31 .36 Vonopah Con. 18.00 18.60 roonpah Belmont 6.00 6.65 " ionopah Ext. 6.25 6.75 . onopah Mid ... ..... 2.20 2.30 Vest End 2.85 8.00 ' Goldfleld Stocks I I . . ' tlanta 21 .24 'ilue Bell 14 .17 . iam.-BL Butte Con. 35 .40 ;)tXa6 e.ee 06 12 Coldfleld Daisy ...... 30 ., i.nMttM TtaL 48 - .67 tained in former reports concerning the magnitude and importance of your company's com-pany's properties. ' SBBBBsasasnaBSSBBBMaBBaBSSsa' SPLENDID BESTJLTS. Shipments - from the Alta Superior and Antelope Spring mines in Nevada are being settled for in Salt Lake. The crude ores shipped represent the character charac-ter of material taken out as the work progresses. The properties are in the prospective stage, and the fate that it is possible to take material as it comes and get the results indicated by the assays, as-says, particularl as the ledges are rery large, leads to the conclusion that big mines are being rapidly made in ground which, a year ago, was just beginning to be opened up. The Antelope ore is to be sold on controls con-trols showing twenty-seven ounces silver, sil-ver, 15.2 per cent lead and 2.85 per cent copper, with a little gold, per ton. Two lots of crude ore and one lot of jig concentrates are being sold, in which, since the first of the month three and one-half feet of solid lead ore has been disclosed, runs 22 ounces silver, 20.9 per cent lead, and a little gold per ton. The ore from the shaft workings on another part of the property and at depth of 300 feet assays 25 ounces silver, sil-ver, 27.1 per cent lead and a good percentage per-centage of iron, while the concentrates, made Dy jigging second-class dump material, ma-terial, show 21.8 ounces silver and 18 per cent lead. , BRINGING IN UNLISTED. s The action of the Salt Lake Mining exchange ex-change board of governors In withholding withhold-ing transactions in unlisted stocks, which order went Into effect last Monday, has resulted in effecting the object sought. If rumors heard on the street this morning morn-ing are correct. According to this story, nearly all the companies which have been active on the board and yet were unlisted will file applications for admittance to the charmed circle of listed stocks ' very soon. . Nevada Hills was listed today and appeared ap-peared on the quotation list. Others which are considering the advisability of listing are the Columbus Consolidated, Flagstaff and South Columbus. As the officers of the companies make up their minds to Join the lists the board of governors is feeling that its policy Goldfleld Bonanta . .05 '.oldfleld M. of Nev. 42 .46 ;reat Bend .. .. .44 .47 'ana bo 1.25 1.40 Mohawk 3.25 2.36 - -Ked Top ... .... .... 1.67 1.65 Sandstorm 60 . ilver Pick 32 .36 fct. Ives 62 .67 Bullfrog Stocks j rtuldfrog Nat. Bank 50 .56 Denver Bullfrog 1.50 Gold Bar 1.17 1.25 Montgomery Mt. 46 .48 Original Bullfrog 14 .17 Ccllpse .90 Manhattan Stocks Granny G. M. Co. 13 .18 lumping Jack .. 33 .Manhattan Broncho .10 Manhattan Con. ...... 1.10 Manhattan Dexter 61 .67 Manhattan Little Joe 04 . .07 Manhattan Pine Nut 24 rieyler Humphrey 13 FORENOON SALES. Carisa, 1000 at 26c. - May Day, COO at 14c, seller sixty days; 1000 at 14c OPEN BOARD. Beck Tunnel, 100 at 96c Golden Crown, 500 at 15c. seller sixty days May Day, 1500 at 14c; 600 at 13c, seller iixty days; 2500 at 13c TOTAL SALES. . Regular, 2500 shares for 8470. Open. 6100 shares for $786. Total, 7600 shares for $1256. HONTTRTNE PROSPECTS. The Honerine company added a second sec-ond shift to its milling' forces yesterday, yester-day, and it is expected that before lone the third shift will be put on, inasmuch as the ore reserves of the mine will , warrant operations op to the limit of the capacity of the machinery. Not more than 1 "per eent lead is escaping in the tailings. By the end of the present pres-ent month, when the mine and mill are running full handed, the company will . be earning, net, somewhere between 44000 and $5000 a day. In other words, there is not a suspicion of doubt that better than $100,000 a month can be applied to the net earning account, and the company will be out of debt and in a position to begin dividend distributions distribu-tions by Christmas if the management ro elects. - . Child, Cole ft Co., Brokers. 100 Atlas block. Both .'phones, 325. " ' CARISA DIVIDEND. The Carisa company today declared its second dividend within a month, amounting to $5000. There is a new ore reserve opened in the mine, and its future outlook is brighter than ever before, according to . the opinion of Harry S. Joseph, general gen-eral manager. - The new ore body was found on the 400-foot level, and carries 6 per cent copper and 40 per cent iron. FAIR VIEW INCORPORATION. The Empire State-Nevada Mining company, with a capital stock of 1,00,-000 1,00,-000 shares, par $1, has been organized nnder the laws of Wyoming to take over the New Yorker group of three . claims in the Fairview camp. Edward McCarrick is president of the company; com-pany; E. O. Howard is treasurer, and the remaining directors are Morris M. Johnson, Frank Pierce and P. J. Fitzgerald, Fitz-gerald, the latter of Boston. E. Lewis is secretary of the company, but not a director. , The property of the new company adjoins ad-joins the Fairview Central. NEWHOUSE ON BOSTON CON. President Samuel Newhouse of . the Boston Consolidated company has issued is-sued an advance report on the eom: pany's condition, through the London office, in which he says that the output aul4 hart bees doubled had Bingham i Was US Ueil lUr tuts Ui Lll.i.iv,ti mm m whole, and that it will be so regarded by all the members within a few months, notwithstanding the adverse criticism which the action at first precipitated. CLARENCE M'CORNICK BACK. Clarence McCornick, Salt Lake's prominent promi-nent banker and capitalist, returned yesterday yes-terday from a four months' visit to Paris and other European cities. He attended a meeting of the Gold Roads Mining company In Paris, when the directors declared a dividend. This property prop-erty is located at Kingman. Arls., is one which Mr. McCornick was Instrumental in financing and developing, in conjunction conjunc-tion with Col. O. P. Posey. Another dividend divi-dend of $75,000 will be declared in September. Sep-tember. TEAMSTERS ON STRIKE. Teamsters have demanded 50 cents per day Increase in wages at Alta, falling to receive which they are not working. While there Is no union, making the demand, de-mand, it 18 said the men have merely refused re-fused to serve the companies at the old scale of $3.20, preferring to accept employment em-ployment at other points which offer either larger pay or better conditions. . All over the States of Nevada and Utah lack of teams is forcing the wage scale up, it is said, and one of the principal factors is a superabundance of offers from employers. Several hundred are engaged at the Garfield smelters and also on the railroad grades in and around Bingham and between be-tween Bingham and the new smelters. The starting up of the many old mines throughout Nevada has also drawn many outfits from the valley and the Utah mountain camps. Nevertheless, the Alta operators do not feel disposed to grant the increased wage asked and are letting their ores He in the bins, in the expectation that later in the season, when the farmers' haying is finished, fin-ished, there will be available a large enough force to fill the needs of the mines at the old scale. ORE AND BULLION. Settlements for ore and bullion mar-, keted in Salt Lake yesterday aggregated $120,000, of which $66,000 was for ores and $54,000 for bullion. Copper was quoted ' today at $18.29, lead at $5.75 and silver at 65c. Three cars of ore were released this morning by the Pioneer sampler from Alta, two from Stockton, three from Bingham and. two from Nevada. MINING BRIEFS.. J Three cars of ore are said to be ready i for shipment from the liaoataff eom-panv's eom-panv's mines at Alta, but cannot be hauled because there are no freight teams available. Assistant General Manager Wantland says he could use ten teams at the Flagstaff if he had them. The Utah mine of Fish Springs declared de-clared its usual dividend of 2 cents per share yesterday afternoon for July operations. op-erations. Joseph Dederichs is again in Salt Lake from the Goodsprings region, and announces confidence in the successful results of efforts being made to build a smelting plant there. Capt. Duncan McVichie is again at his post as consulting engineer for the Bingham Consolidated, after a trip of inspection of the Balaklala mine in California. Cal-ifornia. Charles H. Sheu has returned from properties over which he has control at Goodsprings. 8. G. McMillan of Goldfleld, who is in Salt Lake, says that Nevada stocks i have advanced 23 per cent during the last few days, owing to the new strikes and the promising outlook which investors in-vestors recognize in the various camps. The Nevada Superior company is in Salt Lake with two cars of ore, which the Salt Lake stockholders are pleased greatly with. Another mining company sprung into existence yesterday, when the Uvada Mining and Exploration company filed articles of incorporation with the County Clerk. The company is capitalized capi-talized for (150,000, divided into shares of a par value of 50 cents each. The officers of the company are Henry Green, president; J. T. Young, vice-president; vice-president; John Wells, secretary and treasurer. The officers, with Wilham T. Atkin and Mathonihah Thomas, form the directorate. The City Bocks Mining company yesterday yes-terday fifed articles of incorporation with County Clerk Eldredge, capitalising capitalis-ing the company for $l,000,o6o, di- vided into shares of a par value of $5 each. The companv has a number of claims that it will develop in the Big and Little Cottonwood mining district. The officers of the company are: Will S. Cleaves, president; John Edwards, vice-president; James E. Edwards, secretary sec-retary and treasurer. |