OCR Text |
Show ! . , -V f ; , , ' , ,)-'' - : GMND'CSninAL. jlHOnG " , . . . . ' The week on 'change opened with the sale of 8715 shares of stock for $3763.$$, t Ith the market somewhat weaker in spots, Daly West and New Tork both selling at less than Saturday's fig-urea. When the fall closed $33.87 was the best bid for Daly West, after 65 shares had sold at 134 fiat. Grand Central showed a different spirit and moved upward, buyers taking 175 shares at t3.S0 on the call and In the open board trading- another 100 went at this mark. New Tork started off at IV4. its lowest figure for several weeks, releasing re-leasing in all 2900 shares without varying-, although 9 was the best' bid at the close.- ' .- . ..... Butler-Liberal was quiet, 300 going at 10c; 100 Yankee Consolidated brought 44, and on the open board Star Consolidated was taken at 17. . Little Chief again got on the ladder, climbing to 5 in the open trading, a lc gain from the closing Quotation.. One lot of Ingot sold at 1 and Martha. Washington released 3000 at 3-1C The call closed with quotations and sales as they follow: utcls saxi actiyh Daly West moved up a point on the afternoon call, selling thirty -v- 'shares at 334.10. Carlsa marketed .100 at 7 cents, Ingot found buy- -4- era for 4000 shares at IS and IVjC 4- May Day was active and weak. 4475 shares going at 6V4 and 6c 4 Sacramento released 800 at 20c. 4- . There was an unusual amount of -4 4 trading in Uncle Sam. 1000 shares 4-4- selling at 20V and 20c. 4-4-4-4-4-4-4-4-4- 4---4-4-4-4-4-4- three-quarters of a mils on the strike of the vein, which has been opened to show shipping values at five different workings. At the main shaft, says Mr. Burton, which is down fifty feet in oie, a drift is being pushed eastward. This was in six feet when he left the ramp, and there was yet no sign of the wall. . CYCLONE TO SINK. Ferdinand Muhlenbruck of the Cyclone Cy-clone of Stockton has gone- to the property prop-erty to begin the sinking of a winze in the main tunnel. MAMMOTH SHXFME2JTS.. The Mammoth of Tlntlc will make Its first shipment this week since the resumption re-sumption of taking out ore. said President Presi-dent Mclntyre. As to where the output will find a market, the management has as yet arrived at no conclusion, no negotiations ne-gotiations with buyers having been closed. TODAY'S BOSTON MINING STOCKS (Furnished by - Hudson Sons A Co., brokers, room 6 D. .F. Walker building.) Amalgamated - 46847 Consolidated Mercur , 60 gS5 Daly West 34V4g34 United States Mining 20&20fc CAN HAUL ORE TOMORROW". The Copper Belt railroad has raised its wrecked engine and expects to finally clear its Bingham line today, so that the handling of ores can go forward tomorrow. to-morrow. The new engine, now ordered, should arrive within thirty day, and with the two In the shops repaired, the company will be able by the 1st ,f April to meet every demand made upon It. MTNTNGr NOTES. A shipment of good ore from the Hendrtckson out of Frisco Is to arrive this week. The main shaft of the Centennial Eureka Eu-reka has reached a depth, of 2050 feet. The Montana-Tortopah has on the ground machinery for the sinking of a permanent shaft, which will be sent down to the 650 station as fast as possible. pos-sible. W. A. Wilson, who is back from a trip to the Red Elephant out of Halley, Ida., reports good progress in the clearing and unwaterlng of the famous old mine. Col. Isaac Trumbo has returned to California to give attention to his numerous nu-merous mining Interests there. The Gemini of Tlntlc has raised the wages of both Its machine men and muckers 25 cents a day. Manager Ralph of the Park City Majestic Ma-jestic is much elated over disclosures in the new shaft on the fissure. Engineer James J. Burke, who Is back from a trip through Idaho camps, says there is unusual Interest In the diggings around Idaho City. There is considerable activity at Cherry Creek, according to the White Pine News of Ely. Nev. Superintendent Moffat of the Ontario, who is down from Park City, is well satisfied with the behavior of his mill. The giant Silver King will distribute its regular (100.000 dividend for March next Thursday. The Mammoth of Tlntlc filed its contemplated con-templated $68,000 damage suit against the American Smelting and Refining company late Saturday afternoon. John J. Daly is now in. Washington, and the time of his return borne is uncertain. un-certain. Capt. McVlchle of the Bingham Consolidated Con-solidated went out to the smelter this morning. Secretary E. H. Mead of the Carlsa returned last night from San Francisco. METAL MARKET. 4-4. 4. 4- 4-4-4-44-4-4-4-4- 4-4- 4- Silver this ,mdrnlng went to 4- 67 cents an ounce. Copper lost 4-4- one point and is quoted at 11V4 4-4- cents a pound, while lead is un- 4 4 changed at $3.50 per 100 pounds. 4- restraining order Is asked .preventing the defendants from doing any mining on the disputed property. SALT LAKER TELLS " OF NEVADA'S WEALTH The magnitude and wealth of Tono-pah Tono-pah are not to be comprehended except by personal Inspection, says Charles E. Hudson, who returned last night after af-ter spending two weeks in that camp, and others of the surrounding country. After you see this region, he declares, you must believe that no description can do it Justice. Mr. Hudson made an inspection of the Tonopah, North Star, Belmont, Mon-tana-Tonopah, Tonopah Extension and other properties In the camp. He went through 1000 feet of one drift, in the Tonopah. on the Mlzpah vein, all in ore. from which many samples sam-ples of $4000 rock were taken, and in the McDonald drift of the Montana-Tonopah, Montana-Tonopah, the miners have gone in one body 800 feet, the fact now showing values of 3300 ounces silver and 49 ounces gold per ton. Of his own property, prop-erty, the Belcher, every drift, says Mr. Hudson, is nearly filled with sacks of $60 ore. awaiting shipment as 'soon as the railroad reaches camp. This he believes be-lieves will be accomplished by June 15th unless the non-arrival of material should delay- the work. The excitement at Ooldfield, which is now regarded as a continuation of the Tonopah mineral belt, Mr. Hudson says Is Intense and growing hourly. The combination is shipping $520 ore, Kendall's Ken-dall's lease Is taking out $200 rock from a three-foot pay streak and rich strikes have been made in a number of other properties. At Diamondfield. three miles north and east, $114 ore is being taken out almost al-most at the surface. The Sandstorm is showing high values In free gold and many leasers are at work here. Mr. Hudson cays there are 1500 persons per-sons now in Goldfleld and scores more are coming dally. HIGH-GRADE SILVER ORES OF. THE UTAH Superintendent Charles Crismon of the Utah, Fish Springs, came in from camp this morning, Jubilant over the outlook at the mine. A 73,000-pound car of ore is now en route, which according to camp sampling sam-pling carries values of 133 ounces In silver, sil-ver, and 64.2 per cent lead. And, said Mr. Crismon a larger lot of ore. which will run even higher Is now being loaded from the third, sixth and seventh levels. Another strike has been made in the old Crismon level, a chute opening up, now one foot wide and growing stronger, that averages 238 ounces silver sil-ver and 47 per cent lead. A good deal of the rock now being sacked from this level runs up to 345 ounces In silver per ton and the whole mine, says the superintendent, has' never looked so well as at present. SUIT FOR STOCK MONEY. The Four Metals Mining company to- j day filed suit against D. J. Evans to recover re-cover $836.26 which amount is alleged to be due on a block of 10,000 shares of the plaintiff's stock to be delivered to the defendant for $1500. The sum of $664.74 has been paid on the' amount and the balance is being sued for. Bid. Asked. Ajax $ .04 $ .06 Alice 10 .... Bullion-Bock k 1.00 Black Bess .01 .03 Butler-Liberal 104 . .104 CarUsa .08 . .0? Century .73 .75 Creole .... Consolidated Mercur .tV . .63 Daly 1.00 . J.J7H Daly-Judge 4.60 5.26 Daly West 33.87V, 34.10 Eagle A Bine Bell .......... .49 .... Oalena .07 Grand Central 3.47V4 $.64 Horn Silver 1.00 1.40 Ingot om .01 Little Chief ... .04V4 .... Lower Mammoth 38 .42V La Relne 02 .04 Mammoth 1 1.00 - 1.20 Manhattan 00 3-16 .004 May Day 064 .06 Martha Washington 00 3-16 .wl Montana-Tonopah 1.10 1.S7V4 New York , .00 .to Ontario .... 6.50 8unshine .... .04 Swansea .10 .29 South Swansea ' .06V& .... Sacramento 20 . .21 Silver King 70.00 Star Consolidated 16 .ITU Silver Shield 03 .04V4 Tetro 32 .34 United States 20.00 21.00 Uncto Sam Con 20 .22 T'tah 56 .61 Victor .OS Yankee Consolidated .44 M MORNINO SALES. Daly West, 65 at $34. Orand Central, 175 at $3.60. Butler-Liberal, 876 at 10c. New York, 200 at Vc; 300 at Vfre, buyer thirty days. Yankee Consolidated, 100 at 44a. OPEN BOARD SALES. Grand Central. 100 at $3.60. Ingot, 600 at lc. Little Chief. 1000 at 6V4c. . Martha Washington. 3000 at 3-16c' ' New York, 2400 at Vc. Star Consoliated. 500 at 17c TOTALS. t Regular call, 1215 shares, $2961.60. Open board, 7500 shares. $81328. Grand total, 8715 shares. $3763.88, CALIFORNIA COMPANY GETS BACK THE MINE. After strenuous exertions to save the California's shareholders from total loss, W. I. Snyder of the California raised late Saturday afternoon money sufficient to afford another opportunity to redeem the property, which had passed into possession of the mortgagees. mortga-gees. By the payment of $12,166 and the agreement to pay $15,000 In six months, the company is again in charge of the mines and mill, the title to pass to it when the final payment is made. FRAUD IS DENIED. In the action brought by J. T. Donahue Dona-hue against Samuel Mclntyre, his brother-in-law. In which is involved 20,000 shares of stock of the Ajax Mining company, the defendant filed an answer in the District court Saturday, making a complete denial that he used fraud or misrepresentation in securing any sort of a settlement from the plaintiff. In his answer. Mr. Mclntyre denies that Donahue was the owner of more than 10,000 shares in the Ajax company, or that, as alleged in the suit, he represented repre-sented to the plaintiff that if he would transfer any stock to him it would aid him in controlling the policy of the company. Mclntyre further denies that the plaintiff was deceived or that the plaintiff relied upon any representations made by him In regard to their relationship, rela-tionship, or that any of the representations representa-tions made were false or untrue, in the plaintiff's receipting in full for all claims. The defendant also holds that the plaintiff's cause of action is barred by provisions of the civil procedure of- the State, and asks that the complaint be dismissed for want of equity and that he secure judgment for costs. CLARK MAY BUILD PLANT."" It is reported from Tlntlc that Senator Sena-tor W. A. Clark is entering Into negotiations nego-tiations looking toward the building of a smelter at Silver City. Nothing definite defi-nite could be learned here as to the origin of the report. Senator Clark has some large interests south of Tlntlc for which he may wish to secure a plant. franx'h. BUHL IS PLEASED. WITH RESULTS. F. H. Buhl of Sharon, Pa., one of the chiefs of the Western Exploration company, com-pany, come in this morning from a trip through Idaho, much pleased with all his Western investments. Of his Utah interests. Mr. Buhl finds it easy to speak favorably, the record of the Annie Laurie, good as it Is up to the present time, being only a beginning, while the Honerlne he believes has now reached the stage when it will soon be ready to talk for Itself. Mr. Buhl's vUlt in Idaho was made for the purpose of inspecting the work on the great Twin Falls canal enterprise, enter-prise, upon which the interests with which he is connected have already expended ex-pended $700,000, the construction of the big dam being rushed with all possible speed. The building of the dam is now carried car-ried forward by three shifts, the electric light plant affording. Illumination at night. Incidental to the reclamation of the vast tract of land by means of the dam and canal system, there will be developed devel-oped 5000 -horse power for the utilization of which a number of beet sugar men are now opening negotiations. Mr. Buhl may remain here long enough to make an Inspection of the Honerlne. US FROM FIOCHE. Judge Burton, who came in this morning from the mine of the Pioche-Nevada Pioche-Nevada Consolidated, brought another fine lot of samples from the ore bodies now being opened. The property includes in-cludes nineteen claims, running for 1. WEEK'S ORE AND BULLION. ' Settlements of ore and bullion last week amounted to $430,000, a shrinkage of $47,400, as compared with the record for the week preceding, the decrease being due to the Copper Belt wreck. The output of copper bullion for the week amounted to 898,917 pounds, the Utah Con. furnishing 300,935 pounds, the United States 236,308, the Bingham Con. 181,674, and the American's furnaces handling 180,917 pounds. . TWO CLAIMS IN DISPUTE. G. Lavagnlno has filed suit In the District court against the St. Joe Mining Min-ing company to quiet title to the Tes Tou Do and the Uhlig No.- 5 lode mining claims, situated in the West Mountain mining district. The complaint alleges that on January 1. 1898, J. Fewson Smith, Jr., entered upon certain unclaimed un-claimed mineral lands in this district and discovered a lode of ore containing gold and silver, and that he posted a notice no-tice thereon naming the location the Tes Tou Do claim, and giving the date of the location and his name. It is further alleged that he filed a copy of the notice no-tice with the County Recorder and that on September 6, 1898, he conveyed the claim to G. Lavagnlno by a regular quit claim deed. The plaintiff declares that he has complied with all the requirements require-ments of the law to hold these claims, and alleges that on January 6, 1904. when he attempted to file a diagram of the lode, together with the application for patent, the defendant alleged that It .was the owner of these two claims, A |