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Show OIEffiST DATS MDiNfi ;:; FOB THREE YEARS PAST - There was more tradiryj today than any threw days for a year and a half," declared Caller Beynolds of the Salt Lake Mining exchange at the close of this morning's session. It wajrione of the most active periods in the exchange's history, according to the testimony-of several old-time members. mem-bers. The market was strong and indications indica-tions were that this strength will increase in-crease without material interruption throughout the remainder of the year. "There is everything necessary to make a strong market," say those that , . are watching the trend, of events in Utah and Nevada mining circles. . And then they present ;a number, of -facts which show the properties coming un- der development " are increasing very ! rapidly, and that wherever money is intelligently applied by owners of mines in these two States it is yielding up to the full expectations of the stockholders. stockhold-ers. . , Among tie principal causes for today's to-day's strength were the splendid showings show-ings on Daly Judge properties, and also in the workings of Columbus Con. and South Columbus. . The information which was brought in from these properties a few days ago A is just beginning to reach the ease of . stock investors and their instructions to brokers are of the buying order. ' ' It is indeed regarded by the men best toe ted to be the commencement of a igber range of prices on all the stocks of Nevada and Utah. And in this respect re-spect a repetition is anticipated of the history made a year ago when everything every-thing advanced phenomenally subee-, subee-, quant to the summer inactivity of the investing public; On the regular call Uncle Sam was a sufferer, declining from 44 to 43c on So. Col., 600 at 61e; 1500 at 2c; 7000 at 63e; 4000 at 64e. TOTALS. 1 Regular,. 6525 shares, $6510. Open board, 22,895 shares, $25,408.88. Totals, 28,420 (hares, 831.927.88. Child, ?ole Cos, Brokers. 180 Atlas block. Both .'phone, ttk DALY-JUDGE OUTPUT. The output of the Daly-Judge mine is now aggregating 170' tons of milling and 1300 tons of shipping ore per month. These ores are - derived from the back vein on the 1260-foot level, the McSorley vein on the 1200-foot level, and the Daisy stope on the 1600-foot level. - A considerable part of the tonnage from the McSorley stope consists of ore which was thrown aald In years past, when higher grades were taken out, and at which time It was not deemed practical to handle ores of lesser value than the best. The ore chute upon which the MoSorley stope has depended In the past for wealth has now been demonstrated to prevail for an additional 600 feet. Indicating that the stockholders may depend on some very substantial returns from this source for many months yet. Work on the back vein. In the vicinity of what is known as the Swede stope, has shown a fine body of ore upon which a plan of special activity has been arranged ar-ranged for. Principal concentration of the company's com-pany's energy; however, is on the 1500-foot 1500-foot level, where the ore is Increasing in value and carrying less cine, which latter favorable condition adds considerably consider-ably to the worth of the tonnage. The Daly fissure, which has been the goal of all the operations by the company, com-pany, has been cut -at three points, the 600. 1200 and 1600-foot levels, and this success Is considered as one of the most importance when considering the future of the great mice as assured for many years. . comparatively 'light trading. New York declined from 30e, the price received for the first lot of 1000 offered, to 80s for 1500 shares, which was the last. - After the first trade in Daly Judge at 10.50 on the regular call, it ent a prominent prom-inent figure on the open board, where the transactions were accompanied with a great deal of noise, holders being slow to loosen np even as the figures went up. There were sales of loO shares at $10.50, 100 shares at $10.62. buyer . thirty days, and 475 shares at $10.62 and subsequent calls for more shares at these figures failed to elicit any farther far-ther offers. Columbus Cons, started at $8.10, at . which price 420 shares were purchased , for an Eastern client. Then 280 went . -at $9.15. The next sale was at $8.25 ' for 100 shares. ' South Columbus started at 6le for 600 shares, advanced to 62c for a block of 1500 shares, then to 63c for a bunch of 7600, and the man who secured 6000 shares next paid 64c, at which the stock .'closed. j -New oYrk was 'a- shade - np, 100 ; shares going at 30c, and 2000 at 30c : Nevada Hills, while not a day's favorite, fa-vorite, was strong at $2.70, at which price 240 shares changed hands. The morning's business aggregated 28,420 shares values at $31,927.88. The quotations were as follows: f Bid. Asked. - Alice $ 2.75 $ S.00 ' Ajaz .20 .22H - Bullion-Beck ......... 2.50 Boston Con 24.00 Beck Tunnel Con 81 .83 Black Jack .80 .80 Ceriaa 25 H .26H Creole 60 Coj Mereur 50 .65 Cyclone iOT Century 10 Daly 1.80 1.80 - Daly-Judge 10.87H 10.75 Daly West 16.87H 17.50 Eagle Blue Bell 2.00 2.87H Emerald .05 Grand Central 9.40 S.55 Galena ..... .03 H Horn SUver 1.60 3.00 ( Ingot .01 H Joe Bowers .01H Little BeU 9.60 10.50 Little Chief t .02 Lower Mammoth ...... .49 .62 Mammoth .... 1.70 1.82H May May .11H .12 w York 80 .80 Ontario 2.75 4.00 . Roeeo-Homeetake .20 ' Richmond-Anaoonda 03 H .05 H Silver King 30.00 25.00 - Saeramente .... .00 .10 Silver Shield .07 . Star Con .00 .12 Swansea ...... ...... ..80 .50 South Swansea 03 .05 Sunshine 01 , - Tetro 17 ; -United States com 64.00 ' 56.00 ' Uncle Sam 42 .43 Utah 1.05 1.20 Victoria - 2.75 8.00 Victor Con .02 .08 Wabaah . Yankee 83 .84 Tonopah Stocks. Golden Anchor 48 .62 ' Golden Crown .15 ,25 Jim Butler 1.07 1.20 WacNamsra -. . . . ..... .68 .73 Montana-Tonopah .. .. 3.75 3.87 Korth 8 tar 40 .45 ' Ohio-Tonopah .... .... .25 .29 v. Tonopah Con 18.87 19.60 I Tonopah-Belmont .. ... 6. 00 Tonopah Extension .... 6.12 6.75 ' Tonopah Midway ...... 3.15 2.25 West End 2.80 2.45 Goldfleld Stocks. t Atlanta .13 .18 Bine Bull 10 .13 Diamond-Bl Butte Con.. .81 .87 Dixie .. .05 . - Goldfield-Belmont .. . .'. " .85 .. Goldfleld Bonsma 05 -r Goldneld M of "ev 81 .3d ' Great Bend . ' Jumbo 1.00 1.15 Kendall .61 .57 Mohawk - 1.00 1.80 Red Top ' 1.15 Sandstorm '''Ai;; '5? Silver Pick 28 .82 "St Ivee Bullfrog Stocke. Bullfrog Net Bank .87 .42 Denver-Bullfrog 1.25 ' Gold Bar , 100 ..1.12 Montgomery Mtn V Original Bullfrog . . .13 .18 . Manhattan BuxJlm. 7 Granny Q M Co " . , 1 Jnmping Jack ..28 .... Manhattan Con f Manhattan Dexter ..... .41 .o Manhattan Little Joe .08 .06 . wlnntuan Pin. Nut ... .10 .12 Seyler-Hnmphrey 18 .is FORENOON SALES. Caries, 1500 at 26e. ' Deljudge, 425 at $10.50. Uncle Sini, 700 at 44e; 200 at 43e; J1SirTorat 1000 at 80ej 1500 at 80. OPEN BOARD. Beck Tunnel, 200 at 82c. Col. Con.. 420 at $8.10; 200 st $8.15 1 I0Dar-Adgi' 150 at $10.50; . 100 at $10.62, buyer thirty days; 475 at '"'eystone, 3000 at 38e; 600 st 22e. ' Lower Mammoth, 200 at 62c; 100 at 50e; - 800 at 51e. .. Xavade Hills, 250 at $2.70. Kew York. 1000 at 8e: 2000 at 0e. -Ohio Copper, 200 at $1.45. ; . taaramsato, 600 t 10e, EUREKA MINERS BATHED. - Announcement Is made from Eureka that the miners In the Tlntio district will receive a uniform wage of $3 per day August Au-gust L The scale has been $3 for machine ma-chine men and $2.60 for helpers. The latter lat-ter class are the chief beneficiaries of the advance, which Is attributed to two causes, vis., scarcity of good miners and a petition which was presented to the operators op-erators some time since, asking what haa i been conceded. TjtAu petition Is said to have been signed by all the miners In the camp. In connection therewith some fall has been heard of a possible strike shoull the petitioners meet with no success,' and fears of a strike had considerably depressed de-pressed the business people, who are now, however, quite satisfied that there will not be any trouble of this nature this year1. Uncertainties regarding wages having been settled. It Is expected, furthermore, that many miners will now go In, and that their employment will greatly increase in-crease the aggregate output of the majority ma-jority of the mines Immediately as well -as permit the development of new territory terri-tory more rapidly than heretofore, which operators have been anxious to push vigorously vig-orously this fall and winter. KEW NEVADA FIND. A new discoverv is reported from Lyon Ly-on county. Nevada, sixteen to twenty miles south of Virginia City, by M. J. West, who is in Salt Lake, and who says that samples of the ores from this district are en route here in possession i of J. H. Carson, the discoverer. ! These ores are said to carry as much as $150 per ton in gold and silver. This new camp is called Lyons. Big bold dykes of porphyry have Deen cropping crop-ping out there for years, but appealed to nobody while the country was run over- by Hundreds of prospectors during dur-ing all the halcyon days of the Corn-stock Corn-stock boom, when everything of value, within fifty miles of Virginia City was supposed to have been fully inspected. in-spected. , IS SEARCH OF TEAMS. The demand for teams to haul ores from the Biegel mines to the railroad is so great that Manager H. L. Siegel has gone to Park City in search of them. He has all available horses in commission of central Nevada, and shonld he find no additional forces ready to join hi employ, will adopt traction engines such as are being used in other parts of Nevada. DEAL AT DE LA MAE. A corporation headed by E. II. Green of Minneapolis, Minn., has purchased the Dockelstitch claims at De La Mar, Nev., and will proceed with development. develop-ment. Vasso Dockelstitch, who sold this property, and who was in Salt Lake yesterday, informed his friends that he bad received $5000 cash and considerable stock in the company that is to operate them. lie was en route to San Francisco, but will return to De La Mar and participate in the further fur-ther development of properties in that district. ELKHOBN DISTRICT. The Elkhorn district, five miles east of Park City, is declared by fiobert i Waddell to be one Of the most promising promis-ing in Utah at this time, as a result of the recently inaugurated prospecting operations of the Nelson brothers. This mine has big bodies of low grade ore in sight, carrying silver, lead, gold and copper, the latter predominating. Peter Johnson of Ileber is working a group of claims iust north of the 1 Nelson property, ana has a twenty-foot vein of $10 gold ore. The property belongs to Joseph Hatch of Heber, and it is to be soon equipped with a mill. The Elkhorn district is due east of the Ontario, and many mining men hold the opinion that the ore Jodies contained con-tained in this old property extend through the newer unexplored region mentioned. ORE AND BULLION." .The price of copper is varying In so py-rotechnlcal py-rotechnlcal a manner this week as to keep even the dealers In this metal guessing from day to day. -The quotation this morning was $18.12.6 again, the same as Wednesday, and the marked advance recorded yesterday when the quotation waa one-quarter of a cent higher Is unaccountable un-accountable locally except on the theory of brokers' manipulation for extremely quick short profits. Silver was down today to 65c. Lead was quoted at $5.75. The ores released today by the local samplers showed a falling off compared with many next preceding days. From the Taylor A Brunton plant came 10 from Tlntle, 4 from American Fork, and 3 from Nevada. ' From the Pioneer company's plant the release included Bristol 2, Stockton 3, Brighton 2, and Nevada L -Local settlements yesterday for ores and bullion, as reported by McCornlck Jb Co., aggregated $84,000. of which $55,000 was for bullion, and $29,000 for gold, silver, sil-ver, lead and copper, ores. MILL TO BUN SOON. The ten-stamp mill which Is under construction con-struction at Millers, near Tonopah, by the Tonopah Mining company, la expected expect-ed to be running by September L It Is being designed to treat ore worth $20 per ton profitably, and ahould these estimates be sustained by actual practice, the plant will be enlarged to the llm'ts possible of water supply. Mlzpah ores are to b principally handled, han-dled, and but for the disclosure of a body of $25 rock which Is sixty-five feet wide in this mine, it Is doubtful If the Tonopah Tono-pah Mining company would be erecting a mill at this time; but it was deemed the most advantageous programme for handling han-dling the product of the Mlspah, which la one of the original discoveries In the district, dis-trict, and also one that has given the owners as much food for worry as any of the properties. In all respects the Tonopah company management announces to its stockholders stockhold-ers good and satisfactory physical conditions. condi-tions. The dividends have aggregated $350,000 for the last quarter, being 26 per cent, and an extra dividend of 10 per cent, and nevertheless there is a reserve of almost al-most half a million In the treasury. ACTIVITY AT MODENA. Information from Modena camp shows that its activity is unprecedented on account ac-count of the operation of the Horseshoe mine and mill to fullest capacity. So many people were coming In and out that the Fay stage line was put on regularly by William Perry, and la doing a rushing business. A telephone line has been placed In commission between Cold Springs. Utah, and Modena.- An application applica-tion has also been filed for a postoffice at Modena. The Horseshoe company is making a splendid showing, furthermore, as a result of the energy manifested this summer. MINING BBEF&. Dave Lemmon, superintendent of the Black Diamond and Southport 'companies, 'compa-nies, has returned from a tour of the Nevada camps. 8. L. Boggs of IPttsburg, formerly an operator in Utah, is in the city clearing up business matters. Charles D. Booklidge will leave this evening to superintend the installation of a plant of machinery at the properties proper-ties of the Wheeler Gold Mines company com-pany at Yerington, Nev. W. P. O'Meara has returned from a Nevada tour, including Tonopah, where he has considerable interests, and Silver Peak, where he controls the Valcalda. . A. Beeves, secretary of the Lower Mammoth and Con. Mereur companies, was expected home todajl from a vacation vaca-tion in the East. . - C. O. Ellingwood, manager of the Western Exploration company, is due to arrive in Salt Lake today from San Francisco. Sulphides are coming into the Flagstaff Flag-staff tunnel at Alta. The tunnel isin 1500 feet, and the indications are most flattering to the management, which now declares it will have another big shipper before many days, for the famous fa-mous district. 3. OBERNDORFER. STOCS BKO. in 0. IXaia, XeL. U, 792, ' |
