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Show ; i ; I " I future. The incorporators are llv--r M. Wells, William II. Child, Genrr Wilson, Kverett Behrer, Jr., and I'.is. Dennis Eichnor. cozrPAirr to rr::3Lvr. The Golden Star Mining and Milling company has applied for dissolution and Judge Morse has 'ordered the directors di-rectors to advertise the fact and stated that all objections must be filed before January 18. The company, which was Incorporated for $1,5jO,000, formerly held claims In the Gold Mountain district, but the directors claim that all debts of the company have been paid and the property of the company disposed of. The directors ar W. G. Filer. Bismarck Bis-marck Snyder, C. O. Ellingwood, Joseph Dederich and W. C. Rigby. The Market Tuesday morning showed a decided falling off in the amount of busl-i." busl-i." ness done and the trading was weak and unsettled. It la true that prices were maintained at the usual level, but the demand for all stocks seemed very much lighter than usual and the general trend of the market was weak. Lower Mammoth did not respond to tne . news cf a strike in the mine with a raise in price, but was in fairly good demand pround 121 to 13 cents, closing wean. May Day fell oft to 23 cents, but demand was weak. The market in this stock looks cloudy In the West a the manipulation by the bears has evidently not ceased. All the trades in May Day were for future delivery. Victoria with good new from the mine shot up as high as $2.25, while Joe Bower with a reported strike moved up to 2 cent. Yankee Consolidated showed more trength thsn for ome wek nd was lifted to 48 cents, with Kim active trading. Carina was in ejisnt Remand and old only a small block at Uc and was held at 12 cents at the close. Daly lost none of its strength and sold at t2.61i. although the news of strikesin th property is so far unconfirmed. Th orders or-ders all apparently come from Park City. Daly-Judire fell off a trifle from th high price of 5.60 and wa to be had 10 cent lower, although little stock was on the market New York moved upward slightly slight-ly selling as high a 24 cents, whll Star Consolidated fell off decidedly to cents with small trading even at that price. The closing quotations follow: Bid. Asked. Ajar - .. .13 I .12. Alice 30 .... Boston Consolidated 8.00 7.00 Bullion-Beck 100 Beck Tunnel 084 .16 Butler-Liberal .12H Carisa Utt ' .13 Consolidated Mercur 28 .34 . Creole .40 Daly 2.62 2.85 Daly-Judge 6.25 6.60 Daly West 11.60 13.00 . EagI & Blue Bell . .80 Grand Central 8.00 3.45 Horn Silver 1.20 Jim Butler .... .66 Joe Bower 01 .02 Little Chief .0;i Lower Mammoth 12 .12 Montana Tonopah 1.65 1.85 Mammoth 1.60 1.61 May Day 23tt .23S Martha Washington .... .Cw7 ' McNamara 22 .29 New York 23 Ontario 2.26 .... Petro 08 .... . Rocco-Homeetake .... .60 Richmond-Anaconda ... ... .01 .03 Sunshine .04 Swansea SO .34 South Swansea .06 .08 Sacramento -10 .10 Silver King 60.00 - 63.00 Star Consolidated 4 .14 .14 Silver Shield ' .10 .11 Tonopah .62 9.27 Tonopah Belmont 67 .82 Tonopah Extension 2.E0 1.00 Tonopah Midway 32 .37 Tetro 11, .18 United 8tates 24.26 25.00 Uncle Sam Consolidated ... .24 .24 Utah .40 Victoria 2.W 2.24 Victor Consolidated 03 .05 Wabash .40 1.10 Yankee Consolidated 37 ,38 --" THIS MORNING'S SALES. Lower Mammoth, 600 at 13c; 1000 at 12c; TOO at 12Sc. May Day, 600 at 2340. buyer Chlrty days; 00 at 2SSc, buyer thirty days. Victoria, 100 at 22.25; 25 at 22.15. New York. 600 at 23c; 600 at 23c; 500 at 24c. buyer fifteen days. ' Tetro. 600 at 18c; 1000 at 18c, seller thirty days; 500 at 18c. Yankee Consolidated, 200 at S7c; 200 at 38c; "200 at S7c. Joe Bowers, 600 at 2c. OPEN BOARD. ' Carisa. 200 at 12c Daly. 200 at 22.67. Dalv-Judge, 65 at 26.40. Joe Bowers, 1000 at 2c New York, 1000 at 24c; 600 at 24c Star Consolidated, 600 at 144c. Tetro, 600 at 17c, seller thirty day. ' - Victoria, 200 at $2.20. TOTALS. Regular. 7725 shares for 21622.13. Open, 4156 shares for 21781.37. Grand toal, 11.880 share for 23403.60. good oes raon iiAimoTn. The Mammoth of Tlntlc ha three lot of ro on the market Tuesday, which are a magnificent example of the class of ores furnishing the dividends which are pouring Into the pocket of the shareholder with monthly regularity. regu-larity. The first lot run $10 gold, 12.1 ounces silver and 1S.2 per cent copper; the second sec-ond $6 gold. 11.6 ounce silver and 4.9 per cent copper, and the third 23.60 gold, 8.5 ounce silver and 2.1 per cent copper. cop-per. This Is the" kind of ore of which the Mammoth company has an almost inexhaustible supply and while the margin of profit ia not enormous Is at least certain and sure. . LOWEB, MATVTlffOTH STRIKE. ' , ' The report arrived from Tintic on Monday that a rich strike had been made in the Lower Mammoth. When asked In regard to thi rumor Sydney Bamberger, the manager of the property, stated that about one foot of ore had been encountered which would run about aeventy-flv ounces of silver and 10 per cent copper, together with some gold. i Although Mr. Bamberger was most pleased with thla strike, which occurred on the 600-foot level, he 1 most anxiously anx-iously watching the development of the 1300-foot level, where Immense bodies of low-grade ore have been (blocked out. It is understood that the metallic values of this low-grade ore are Increasing In-creasing steadily as they are drifted upon, and If thi is the case the company com-pany will be in position to put an immense im-mense tonnage on the market at a nice profit. WORK AT RHXMINT.. John Bogan has started a force of men to working on the Rheminl property, prop-erty, which is situated east of Farm-ington. Farm-ington. The mine Is a gold-copper proposition prop-osition and has already had considerable consider-able woYk done on it. The property 1 opened to a depth of 250 feet by a tunnel tun-nel and a winie ha been sunk on the ledge for about twenty feet. A considerable consid-erable tonnage of low-grade ore has been opened up and Mr. Bogan 1 confident confi-dent that the values will increase with depth. Therefore he is not only going to sink the wins deeper, but will also start another tunnel, which will give an additional depth of 600 feet on the ledge. The tunnel will require 1000 feet of work to put It under the present working. Child, Cola & Co., Brokers, 100 Atlas block. Both 'phone 225. MANNING KILL CLOSES DOWN FOB SEASON. .Manager George Dern of "the Consoll-. Consoll-. dated Mercur reports that the Manning mill has been closed for the season-that season-that is,' no more charges are being hoisted into the mill. It will still require re-quire some time, however, until the charges already in the tanks are treated and the final clean-up will be made about the 20th. The cyanides - cannot be refined until the bullion from the Golden Gate mill Is gotten out of the - way. The run by the company at the Man- nlng mill haa been a most profitable . one, although It was taken up late In the season. In the first part of the summer the mill was leased to Mr. Brown and associates, but they were compelled to lose some time In putting the plant in shape and after running only a little over a month Mr. Brown was taken seriously 111 and the lease was thrown up. The company then started to run the mill on Its own account ac-count and with the aid of th fine weather thi fall has cleaned up a nice profit. Mr. Dern states that the necessary 1 adjustments have been mad at- the ! sampling mill and that that plant Is now running steadily and satisfactorily. Mr, Dern returns to the mine and mill i Wednesday morning. MINING NOTES. C. E. Loose of the Grand Central and Victoria is In the city on a short business busi-ness trip. , Harvey Hardy has gone on a prospecting pros-pecting trip to the west of Good Springs. C. E. Hudson has now established an office In San Francisco and is conducting conduct-ing a brokerage business on the San Francisco-Tonopah exchange. The Taylor & Brunton sampler reports re-ports the arrival of twelve cars of or from Tintic, one from Bingham, three from Tonopah and one from Oasis. The leasers on the Uncle Sam' Consolidated Con-solidated have a car of high-grade Ore on the market. A. E. Hyde, Jr., of the Annie Laurie Is In the city on a business trip. The seat on the mining exchange formerly for-merly owned by Ben D. Luce has been sold to W. H. Alexander. D. C. Jackllng has returned from' a trip to Colorado. VAST SUM SAVED' BY LUCIN CUT-OFF SAN FRANCISCO, Dec. 12. The Southern South-ern Paclfio company's Ogden-Lucln cutoff cut-off across Great 'Salt lake ha now been in operation long enough to permit the operating department to gather figure justifying the expenditure of th many million which the big improvement cost. The cut-off is saving the company on an average of $2500 a day in operating expenses, ex-penses, or - a little more than $900,000 a year, and this amount will steadily grow a th traffic over th Ogden line In. crease. Interest charge growing ont of the construction of the cut-off are $340,-000 $340,-000 a year. Th operating officials of th Southern Pacific are watching with much Interest certain experiment now being conducted on the Union Pacific with the use of gasoline motor cars. Th gasoline motor are designed for use on spur line, and It 1 said that if they came up to expectation expecta-tion they will be employed on th Southern South-ern Pacific a well a th other Harri-cnan Harri-cnan line. j AITKTJAL MEETTN-Q OF ! j SHEBA POSTPONED. The annual stockholders' meeting of the Sheba Mining company of Humboldt Hum-boldt county, Nev., which wa to have been held Monday afternoon, has been i postponed until January 12. There was i a majority of the stock represented on i Monday, but a a number of the more j prominent stockholders are out of the , city and unable to attend It was de- 1 cided to postpone the meeting. It Is ; understood, however, that the company Is in good. shape both physically and : financially, and that the work will con tinue to be pushed with the am energy en-ergy a has characterized th manaa-i manaa-i ment In the past. It is not expected that any importnn-change importnn-change of the personnel of the Shebt directorate win take place at the meeting. meet-ing. The shareholders present talked over the affair of the company In an informal way and seemed In the best of accord over the questions which ar ' . of Importance to the company. DE SOTO HTC0BP0BATES. As was stated in The Telegram Monday, Mon-day, the De Soto company, which adjoins ad-joins the Sheba, was incorporated under un-der the .laws of this State ' Tuesday. The property is a most promising one "a has every indication of a splendid s METAL MARKET. o! Silver continues to advance 00 0 strongly and 1 quoted at 0c per ounce. Copper remains the same (Si at 14Hc per pound, and lead In ore () 0 commands $3.50 per 100 pounds. Th () A. 8. R. Co.'s actual average (S) weekly sales price for desilverized 0 domestio lead in New Tork la $4.60 per 100 pounds. 0 NEW YOEJK METAL. NEW YORK. Dec. 13. Bar sll- () ver, 60&io. Lead and copper, quiet (S; and unchanged. . |
