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Show ; QUARTER-MILLION WEEK ON THE MINING EXCHANGE and 4.9 per' cent copper. These valuea attain, at-tain, said 8. M. Levy, who brought the sam-ples sam-ples into Salt Lake, orer a width' of fourteen inches. Work underway for comprehensive mining will tap the vein at 200 feet depth. The property is being operated by tho National Na-tional Development company. - The Yerington Copper King Mining company, which is controlled in this city, has disclosed twelve feet of ore carrying 2,2 per cent copper, and arrangements ar-rangements are being made to commence com-mence its extraction as soon as possible. possi-ble. According to reports from the mine, the large values were unexpected in this ore at the time it was taken out for test, the idea of the management being that it carried 5 or 6 per cent in the red metal. The ore was found in one of the levels driven by former owners own-ers who did not euspect the true value of it. ests, it is said, and thev are also quite the sole owners of the Nevada Consolidated. Consoli-dated. Therefore, the ownership of the biggest proposition in Ely district, to date, is divided between them and tho Giroux family, and the plans proposed for consolidation of these interests are said to be so comprehensive, and in line with all the successful consolidations consolida-tions which tho Guggenheims have engineered en-gineered in the past for controlling parts of the adjuncts to the mining industry, in-dustry, that money would be made for everybody concerned in it. The announcement came from Boston two weeks ago that the new company would be gigantic in proportion, and that stockholders in the American Smelting and Refining company would be given first chances on the stock. INCREASES CAPITAL STOCK. GOLDFIELD, Nev.. Oct. 13. Directors Direct-ors of the John S. Cook & Co.'s bank of this city have decided to increase the capital stock of the institution from $50,000 to $250,0ti0. The entire capital stock has been paid up. Although the bank is scarcely two 3'ears old, it has the largest amount of deposits of any bank in the State. Over $3,000,000 in "money lies in the vaults, and business is increasing. The great Reilly lease on the Florence Flor-ence is credited with the production of $450,000 worth of the yellow metal in forty-two days last year the tail end of its existence this year. However, the Mohawk holds the banner, ban-ner, with a production iu thirty days from one single lease of ore to the value of $600.1)00. or about $8,000,000 a year. This from the Hayes-Mounette lease, besides which there are four others oth-ers working on the same mammoth ore body. EXTENSION OF RAILROAD. Tho extension of the Borax Smith railroad from the southwest into the Bullfrog and Goldfield, Nev.-, districts is progressing rapidly, but several months must elapse before its completion. comple-tion. The track has been laid to tho mouth of the Amargosa canyon, where there is estimated to be five mouths of solid rock work. In order to get the steel laid into Bullfrog district as soon as possible, it has been decided to build this temporarv track through the canyon, can-yon, and track laying will be delayed no longer than the time consumed in constructing con-structing the temporary track. From fli. ..jnvnn info HeattV. the . " Much stock was again bandied by the Salt Lake mining stock exchange this morning. The deals aggregated 57,500 shares, valued at $27,634.25, and constituted a large addition . to the enormous aggregate of the past week's business, which was 316,354 shares, valued at $224,010.75, or almost a quarter of a million dollars. During the same week last year the aggregate aggre-gate sales were 139.556 shares, valued at $40,003.93, and tho gain this year was l76j79S shares, valued at $183,-996.88. $183,-996.88. The bulk of the trading was in Utah, mines. Interest in the list was quite evenly distributed today, and trading was general in nearly all the issues, without, with-out, however, reflecting anv extraordinary extraordi-nary features. Carisa and Columbus Consolidated were more active than others, the latter gaining in price after the first sales and going up to $7.35. Carisa opened at 6o cents, was hammered ham-mered considerably, and nevertheless closed at. 53 cents. May Day became active again, and enjoyed an advance to 17 cents. Co-, Co-, lumbais Consolidated closed at $7.35 15 cents higher than prices at which the first sales were made. The quotations were as follows: ' Bid. Asked. Albion $ .35 $ Alice 4 .25 5.on Ajax 24 .26 Pullion-Beck 2.00 3.0U Boston Consolidated .... 33.50 ........ Butler-Liberal .09 .12 Beck-Tun. Con 1.05 1.07Vi Carisa .60 .62 .Creole .35 Con. Mercur .52 .54 Colo. M 78 .S2 Century .17 .19 J)aly 2.00 C.io Daly-Judge 11.00 11.25 Paly West 17. 50 Eagle Blue Bell 4.00 5.00 Emerald .20 Grand Central . . . .1.30 y.60 Horn Silver 1.67'2 Ingot .01 " .02 Toe Bowers ."22 Montgomery, 1000 at 50c. Silver Shield, 1000 at 13c. Scottish Chief, 6000 at 15e; 1000 at I5Vie. Silver Pick, 500 at 90e. Victor, 1000 at 8c. Victoria, 100 at $2.90. VTankee, 500 at 40 He; 1000 at 41c. TOTALS. Regular, 39,890 shares for $15,951.75. Open, 17,610 shares for $11,672.50. Total. 57,500 shares for $27,634.25. Week's totals, 316,354 sharea for $224,- 010.75. Same week last year, 139,556 shares for f540.003.93. TO MINING MEN. Let THE TELEGRAM publish your loctholders' meetings, assessment and delinquent notices. Call up 240, either 'phone, lor man to call cn you. DEEP CREEK DEVELOPMENT. Continuous development and rugged, vigorous application of capital is rap-idlv rap-idlv having a favorable effect on the Deep Creek regioa, west of Salt Lake. The operators come in from that section sec-tion from day to -day. with more and more satisfactory reports, each with a story of the production of a mine whose development had not meen previously heard of in this city; but when it is considered that Deep Creek is a huge country in area and a seeming massive mas-sive mountain of ore, this situation may not cause so much wonder among readers of its advancement. Frank L. Wilson, who is connected with the Lucv L.. Clifton Belt, and Western Pacific mines, is among the latest . arrivals in Zioii. He came here to secure supplies, and incidentally to collect cash for shipments and see a few vaudeville shows by way of di-vertisement, di-vertisement, p.s well as to advertise the Deep Creek district, in this respect he is like every other operator out there absolutely in Jove with the country coun-try for its mineral possibilities. Here is what he says: "In the Lucy L. we have a body of iirp wliicli li:is hcf-ii cri-wRput tYirtv-twn roadbed will be easy to throw up. Rails will follow the graders at the rate ot one and a half miles per day. Four hundred men and 30 teams are work ing on the road, and the number nf teams is to be increased to .""Hi when full work is under way at this end of the canvon. It is expected that early spring will witness the arrival of this railroad iu Keatty on the way north to Goldfield and Tonopah. ORE AND BULLION. Copper was quoted this morning at 114 7 per hundred pounds, bad at $).", and biker at tiO'i cents per ounce. Settlements vi-sterday for ores marketed mar-keted in Salt Lake aggregated, according accord-ing to MeCorniek i Co.'s report, 1'tO.oOi); bullion, $4-".0fift; gold. .!'j'Mi: tolal. $l.p)t. 7(1(1. Clearances of ores today by the Taylor Tay-lor & Urunton Sampling company included in-cluded thirteen cars from Tintie. tour frm Idaho, and two from Nevada; total, to-tal, nineteen. The 1'ioneer company sent out two cars from Stockton, two from Alta. two from Nevada, and one from Ophir. Total, seven, (irand total to-tal for the day, twenty-six ears. NOT TO BE SOLD. C-outr.nv to rumors, the Scranton mine of North Tir.tie is not to be sold. Although several efforts have been made to secure options upon the controlling con-trolling interests, these holders have refused re-fused to entertain the overtures, l -cause they corsider the j.ro.eity one 'of the best paying and permanent iu the State. There is a question if a share can be purchased from anv of" the holders, so highly do all of them regard their l-onan.a. This mine is most likely to make a greater reeor.l in the future ihaa in the pasl in the wav of production, hence it is lit ing held as an investment rather than as a speculation. Ninety tier cent, of the capitalization belongs to one man. Conditions throughout the district continue to brighten the possibilities indeed of all North Tintie. and as capital cap-ital arrives for development ,,f others the Scrauton will have plenty of good company. Shortage of coal resulted in the i ,. tennial -Eureka, (irand Central, Mammoth Mam-moth and May J'uy being compelled feet, it is all of splendid grade. It is a characteristic of the district that large bodies of sulphide make in the porphyry the outcroppings being as wide as 2f0 feet so we expect greater showings with depth: and in this property prop-erty there is s-till l!i(J feet of the ore to be crosscut. "The Lucy L. Las shipped, in the distant past." the richest bismuth ore ever found in the 1'nited States, and the company now has a great vein of this metal, much of it running as high as 90 per cent pure, but little effort has been made to thoroughly develop this resource owing to the difficulties of transportation during the past years. "The Clifton Copper Kelt property is sending out some remarkably rich ore carrying as high as 20 per cent copper, and averaging 7 per cent red metal; and there are large quantities of such ore in this mine. A tunnel will tap these resources at greater depths than heretofore gained, and there is every reason to expect a decided improvement im-provement in gold and silver values. "The Western Pacific property is being be-ing developed by a long crosscut tuu-nel. tuu-nel. This working tvill tap the vein from which in the earlier days there was a considerable quantity of or shipped to the Eastern markets. This ore will run on the average. 13 per cent ci'pper. "2. per cent lead, four ounces silver and a trace of gold. The tunnel now is tapping numerous seams of galena ore, and itl ooks as if a great ore body would be reached by the management at any time.'' RUMORED GOLD FIND. I'umors are circulating in Salt Lake, that a six-foot vein of free gold ore. carrying high values, has been disclosed dis-closed iu the Willow Springs district of Western I'tah, not far from the Clifton region. Particulars, however, are lacking lack-ing here. Mining men say they havo heard of the tind onlv inciileutally wliile en route between Salt Lake t'ity and Ely, and the impression is that within a few weeks, if the story be true, the por.'j tc-rs making it will announce it formally and start tho boom that i-i expected there. Fourteen teams are hauling water pipe to be used by the Western I'tah Copper company iu carrying water to the old Gold Jliil group, also to the Calaveras group, owned bv practically Lmio neii 7 . .-0 7.., Little Chief 15W .16 Lower Mammoth .76 .77 Mammoth 1.67'. 1.7." Jlay Day 1 j . Hi u Nev. Hills 2.97'; 3 . oo Nev. Fairview . 9 " . :-2 Stray Dog .V: i ..7 Sunnyside .74 .7S South Columbus . jj .."ni New York ! .'-'s';j .:jo Ontario . . j .- ! 5.35 "J 3."" TJocco-Homestake I .20 ( .-!" Rich. -Anaconda j .04 I .n. Silver King 21.75 23.00 Sacramento . 12U .'.1 Silver Shield . 1 1 C j .1.; Star Consolidated ..... . 1 2 1 1 .It Swansea ' j .50 Soutli Swansea .041,1 Scottish Chief j .1C-, Sunshine j . 01 . Tetro .19 j .20 United -States com 60. 00 s Cucle Sam .39 .40 Vtah 1.7,". 1 .!)" Victoria 1 2. So 3.00 Victor t on .074 .an Wabash . r j . " . 7s Yankee . . .i. .39 'j. .4')'- Tonopali Stocks i , ' Colden Anchor . 57 ! .62 golden Crown .li .17 Jim Butler J . 35 1 . 42 McNimsra .73 .5 Mom. Ton 3.20 3.2 North Star .42 . 6 ' hio Ten .22 . 26 Tonopah Con 20.. to Tonopah Belmont 6.21 7 . 00 Tonopah Extension ; .r..Vi 6.21 Tonopah Midland 2.1.1 j West K:id 1.10 ! 1.71 tioldtield Mocks Atlanta 23 .2 Blue Bull 1.1 .10 I'iam. Bl. Euttc Con ."11 .36 ' Iix:e ; ."1 I .0 Goldfield Belmont .:;7 .10 tioldtielri Bonania j .ot old-neld If. of Nnr 1 ..'.s .'.:. Great Bend .41 ..". Jumbo ! J . 3.1 j Kendall ' -6 1 , .70 Mohawk I 3.'J.i Rep Top 3 . to j 1.60 Sandstorm I .63 . .6s Silver P:rk . 3 ! M Ives 1 . -io i .'.I Bullfrog Mocks -- ' I i ' Bullfrog Nat. Bank ... -4S ..r3 I'enver Builfrog j 1 . 10 j '.old Bar - 1 .02 t,j 1. I V Montgomery Ml. j '" Original Bulling j .1-3 .17 1lipsc . H Tramp ! 1.20 Manhattan Stocks i I Granny U. M. Co ! 1 -' eumpine Jack .1 i - JIanhattan ton. ....... .7 .S7 Manhattan Pexter .11 .16 Manhattan L. Joe 0:t t .06 Manhattan Pine Nut.... . M 1 feat-lor ttnmnbrer . 1 :t ! FOKENOON" SALES. Carisa. 100 at CZc: 700 at r.2c; $00 at fi"c; 1900 at 61c; 100 at 5fc; looij at 01c, buver fixtv days: 100 at f2e. balv Judge, 4 30 at- 11.124; 40 at $11.2.1. Lower Mammoth. 00 at Tfic: 1000 at 7.1c, sells sixty days; oOO at 76c, seller sixty davs. . May Day. M"' at JSr; 2.100 at 15c; CjOO "at lUr: 21'i0 at 17c Nevada Hills. 2"0 at $2,974-Centurv, $2,974-Centurv, 1.100 at 1.1c. Colorado Mine, 100 at 79c; 100 at 80c, buver sixty davs. Scottish Chief. 110O at 1f; 1500 at 10 4c; 1HO0 at 10c; 1o0 at 144c. South Columbus, 100 at .1.1c. A'ictor, jooo at 7 4c; 1000 at 7c; 500 at 8c. Yankee, 200 at 10c; 500 at 40c, seller sixty six-ty days. OPEN BOARD. Columbus Consolidated, 10 at $7.20- 200 St $7.20; .'100 at $7.30; 100 at $7.:t5. Carisa, 100 at 62c: 200 at Glc; 1100 at C"c- 160O at 09c; 000 at 5Sc. Little Bell, 2000 at $7.00. Little Chief. 1o0 at H'.c. Mammoth, 200 at $1.70. Mav Dav, 500 at 16c. to close down for ri few drivs iluniii; the j.ast wpek. and mi that memint tho sliipments frmn those i!oei ties wore Roinevv hat smal'cr than it otliervvise would have l.oon. As it vm-. twi'itv proportios s. n l out ;11 I i-ari 'ti ls. as follows: Ajax "' Keek Ttlllliel '.I Hulli. .n-Hoek. I arisa s 'ontoimial Vureka Ill Ka";lo and Hltio Hell .'! Eureka Hill leasers - (toinini 'J f.odiva coneent rates "J (irand Central .'1 I -icelad- 1 Mammoth 1 May Day :t Seranton .'i Star '"iisolidated ' Swansoa ."! South Swansea '' Tintio Tron 11 I ik-Io Sam ."i Vtmkoo tj Total carloads 134 MINING BEIEFS. A milling deal of imi.ori.ipce. sas the Yer-inpton Yer-inpton Times, took place here tlu- lii-si of the week, win n John Matthew and Chisholm A: Co. of Colorado Springs took over some nineteen nine-teen copper claims in the vicinity of the Lud-wig Lud-wig property. 'X 'he claims here owned by H. 8. Pohe, I). P. Kandall. H. and W. llirony-n;..us, llirony-n;..us, D. Lnch and (ieorge Kelley. The price paid for the property is iu the neigh borhood of $30,000 and P. F. Murphy of Colorado, is the agent The Ohio-Kentucky Mining company, under toe able management of .lames Karl.,, says tho Piochc liecord. is installing a new Fair banks, Morse & Co. 21-horse power gasoline hoist on its property here. Mr. Karls states that the new equipment will be ready for business iu a very few days. In sinking the shaft on the Kathleen claim of the Progressive Mining ormpany, operating in Beaver county, I'tah, ore was recently encountered en-countered that assays 9.8 per cent copper, 61 ounces silver, and $1 in gold per ton. The Kathleen is near the Burning Moscow mine, famous as one of tho largest producers of the State in its day. Assay returns received on samples from a trench in the bottom of the drift of the Carrie Car-rie Mack mine, in the .Silver Islet district of Nevada, show 203 ounces silver, $2.40 gold tho same parties. 1 ho Western I tah Copper company was recently lornicl. RUMOE IS CONFIRMED. A ff lejrram from Boston this morning says: "Stories are current hero that the Guggenheims are after control of Giroux Consolidated at Kly, Nov., which has lioon active? ou tho Huston curb for two weeks past. There is a largo Huston ownership in tho company acquired within the last few years. President .loeph L. 1'irotix controls, throne;!) a live years' voting trust da toil from May 1. I'.hiii, a majority of oo'.i.-On1) oo'.i.-On1) shares owned ley himself, Kugeiio Giroux. .1. A. Sneider and several others. oth-ers. This stock is deposited with the Knickerbocker Trust eonuiany nf New York, but President Giroux has tho right to soil the stock. Tho Guggenheims Guggen-heims will bo unable to get this stock at anything like present prices.'' Thus tho nft-repcatod rumor, .circulated .circu-lated in Salt Lake for manv weeks past, that tho Gtiggonhcims are desiring additional addi-tional holdings in Kly. receive confirmation confirma-tion from a source which can pcarcelv 1)0 denied. A few weeks' time will, i! is believed in this city, show that these captains of tho smelting business havo sueoceded in not only effecting their purposes in securing tho Giroux mines, but likewise the holdings of other companies com-panies in Nevada's now copper camp. Authorities tire now admitting that if the big smeltor magnates can cover Ely with their own ownership, it will not be many vcars until thev can assume as-sume a masterly control of a part of tin; copper situation in tho United States, and become at once an equal factor with the Amalgamated Copper company. com-pany. All that is believed to be required re-quired is for Kly to receive development develop-ment snflieieut to reach tho ores where thousands of miners can work and have the mines equipped with sufficient machinery ma-chinery to handle enormous output. TheCiiroux is known to have an or body 600 feet deep, positively proven ud by churn drills, and quite "available to extraction. It-is a mine that would constitute a strong feature for the proposed pro-posed consolidation with the Nevada Consolidated and the Cumberland-Kly. In this latter corporation the Guggenheims Guggen-heims already own considerable inter- i |