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Show LITTLE BUYING DONE ON THE MINING EXCHANGE has paid 11.044,000 and has paid out to the shareholders a grand total of $4,635,-000. $4,635,-000. ASSESSMENT LEVIED. The Scottish Chief of Thanes canyon declared a 1-cent assessment Monday afternoon, the payment being due January Jan-uary 16, 1905. The assessment Is for the purpose of continuing development work on the property. NEW ALTA CO MP ANY. The Alta-St. Louis company) has been organised for the purpose of operating the Bryan group at Alta. The company Is capitalized for 300,000 shares of the par value of $1 each. The officers and directors are as follows: W. J. Craig, president; S. M. Levy, vice-president; C. O. Elllngwood, secretary .and treasurer; treas-urer; George L. Nye and J. J. Chambers. Cham-bers. The company owns three claims adjoining the Continental -Alta and City Rocks and has already an excellent showing. The development work which will be started at once under the supervision su-pervision of Messrs. Craig and Levy, will continue steadily all winter. TO INSTALL PUMPS. The stockholders meeting of both the Gemini and Godiva companies of Tlntlc were held in this city Monday. It was decided to lnstal pumps at the 1600-foot 1600-foot station of the Godiva to handle the water which has seriously hampered the operations at that property. The officers offi-cers and directors, who are the same for both companies, are: John I. Packard, president; Edward W. Packard, vice-president; vice-president; L. 'S. Hills, secretary: J. K. Berkeley, treasurer. Directors, John I. Packard, Edward W. Packard. Robert Harkness, . L. S. Hills, Jackson C. Mc-Chrystal. Mc-Chrystal. ENTHUSIASTIC. Foreman Dan Doyle of the Pittsburg of Alta spent Monday in the city and Is most enthusiastic about the showing in the property of which he has charge. He states that the ore body found on the contact has been followed for forty feet without showing any signs that the limits have been reached. He feels that the property has a most brilliant future before it and that it will make one of the bonanzas of Alta. It Is expected that the- running oT a tunnel from the Alta side, which will tap the big ledges at great depth, will be begun next spring. Messrs. Bigger and Sherman of the Pittsburg company will visit the property prop-erty within the next few days. SHIPMENTS DELAYED. A shipment of high-grade ore from the E. & F. of Pioche has been expected for some time, but the teamsters have not. lived upon to their agreements. Indeed, In-deed, none of the Pioche mines has been able to get Its products on the market. It is a well known fact that the property, prop-erty, which is extensively held In this city,-Is in better shape than ever before and it is hoped that the coming year willl see It shipping regularly to this market. MINING NOTES. The Mammoth of Tlntic is on the market with a shipment of ninety tons of gild-silver gild-silver copper ore. John Dern of the Uncle Sam Consolidated Consolidat-ed and the Consolidated Mercur has gone to Bingham. The Taylor-Brunton sampler reports the arrival of six cars of ore from Tonopah, two frpm Bingham and four from Tintic. Louis S. Cates has been made superintendent superin-tendent of the Boston Consolidated. M. I. Newhoue has departed to New York after a brief visit to his brother in this city. A rich body of sulphide ore running as high as $180 per ton in gold Is reported from the Consolidated Mercur. W. A. Wright of Park City Is In town on a business trip. -t Capt. O. A. Tlbhitts expects to leave for Goldfield on Wednesday. Articles of incorporation were filed with the County Clerk yesterday by the Golden Star Mining and Milling company of Joseph, Jo-seph, Sevier county. The capital stock Is $1,500,000, with shares at $3 each. The officers of-ficers are: President, W. P. Beidlng; vice-president, William M. Carter; secretary, secre-tary, S. D. N. Bennett; treasurer, H. Duke. The company owns five claims in the Gold Mountain mining district, in Piute county. ;- The morning call on the mining exchange ex-change was unsatisfactory. Not only - ' was there a very small amount of business busi-ness done, but the buying orders were conspicuous by their absence and the market with few exceptions did not how the advance which was predicted for it. The list of stocks receiving attention at-tention was small. The demand, for Daly-Judge has forced that stock up to $5 and while only a small block was sold at that price the market was etrong and $4.90 waa freely offered for the cash stock. Silver Sil-ver Shield succumbed somewhat to the bear attacks. It Bold from 10 to 10 cents and was weak at the close, being offered freely at 10 Vi cents. Little Chief showed no change remaining at 2, . although the demand was good and little lit-tle came out at that price. New York fell off a trifle from Monday's prices and was to be had at 21 cents, although that price was freely offered at the close with 21V4 cents asked. Daly West still continues weak and sold a small block at $12.50. May Day was weak and iluctuated between 22 and 2$ cents, with the higher price in evidence at the close. Tetro was up to 20 cents. The closing quotations follow: Bid. Asked. AJax $ . $ .16 . Alice 30 .80 Boston Consolidated 7.00 .... Bullion-Beck 1.00 Heck-Tunnel 08 .15 Butler-Liberal 11 -lH Carisa 13 .13 Consolidated Mercur 34 .36 Century , 16 .... Creole .40 ' Daly .... 2.30 2.45 Daly-Judge 4.90 Daly West 11.00 13.87 Eagle & Blue Bell .97 i Grand Central 3.35 3.86 Goldfield Bonanza 1.25 Horn Silver 1.25 Ingot 01 . .02 Jim Butler 60 .60 Joe Bowers .02 Little Bell 20 Little Chief 02 .02 Lower Mammoth 10 .... i Montana Tonopah 1.70 1.80 -Mammoth 1.60 1.72 May Day !... .23 .23 , " New York 21 .21 1 - Ontario 8.60 4.25 Rocco-Homestake .60 Richmond-Anaconda .. 01 .03 , Sunshine .04 ! - South Swansea 04 .08 Sacramento 10 .10 Silver King 48.00 , Star Consolidated 14 .15 ( - Silver Shield lo Tonopah - 9.50 10.75 I Tonopah Belmont 60 .... i - Tortopah Extension 1.95 I Tonopah Midway -.. .30 - .36 Tetro .19 United States 27.60 28.25 Uncle Sam Consolidated 22 .25 Victoria 2.00 2.05 " Victor Consolidated to .06 Wabash 40 1.25 Yankee Consolidated 35 .38 THIS MORNING'S SALES. Daly-Judge. 10 at $5. Silver Shield; 600 at 10c; 1000 at 10c Little Chief, 1000 at 2c New York, 3000 at 21c. OPEN BOARD. Daly West. 10 at $li50. Mav Dav, 2000 at 23c. buyer thirty days; . 2000 at 22c, seller thirty days; 1500 at 2214 c. seller thirty days; 1000 at 23c. Tetro, 200 at 20c. TOTALS. Regular board. 5510 shares, for $860.12. Open board, 6710 shares, for $1748.75. Total sales, 12.220 shares, for $2608.87. Child, Cole & Co., Brokers, 100 Atlas brock. Both 'phones 325. MINERAL CHANCES IN INDIAN RESERVATION. Many of the mining men of this State are turning their attention toward the Ute Indian reservation, which will be . thrown open to the public next spring. The country until a few years ago was almost entirely unknown, but now that the Moffat road is expected to tap the district the land becomes Infinitely more valuable as far as mineral resources are concerned. The district which will be thrown open to the public iskr.own to be immensely im-mensely rich in hydro-carbons and It Is thought that thees products will form the bulk of the mineral wealth of the . district, but there are men who are fa- , miliar with the country who are sure t that a number of excellent copper-gold i ." properties will be developed. The gil- j sonites mines near Fort Duchesne proved wonderfully profitable, although I the product had to be hauled ninety i miles by wagon to Price station, on the ' Rio Grande, and with the short haul i to the new road the profits will be im- j mensely increased. i It Is true that two companies, the 1 Florence Mining company and the ! . Raven Mining company, have secured ' the right to prospect on the reservation before the opening and have both had t many expert prospectors and mining J engineers picking out the best f the I mineral locations, but the tract of land i Is so large that the outsider stands an excellent chance of getting a fine min-" min-" eral property. j RUSHING ON TUNNEL. 1 The work on the big tunnel through which the ore of the Cactus will reach the mill is being rushed with all speed. ' Manager Johnson states that if noth-J noth-J lng untoward happens the connection 'will be made before Christmas. The I miners made a total of 115 feet last week, sixty from the open side and I flty-five from the mine side. The men j . . are making the fur fly and will be ready ' to put ore Into the mill before the mill Is 1 ' finished. DALY "WEST DIVIDEND MAY BE REDUCED. i " ' ' The directors of the Daly "West met j In this city Monday afternoon and de- 1 clared the usual monthly dividend of 40 cents a share, or $72,000. . This is payable paya-ble on the 15th of December to share-- share-- holders of record on the 10th. ' It. is announced that the directors ! have decided to pay dividends quar- ' . terly, commencing with January L The ('amount of the dividends Is not an-. an-. nounced and the earnings of the mine will govern the amount. It Is almost a - oertalnty, however, that the dividends : will be reduced to 75 cents quarterly per share or $3 per year. The company opened this year with a 65-cent dividend. This was then re-, re-, duced to 40 cents and it is well known that some of the directors favor reduc-tlon reduc-tlon to aboot 25 cents a month. It Is well established that the mine can pay 25 cents almost indeflnitey from the , milling ores in the property without re- course to the high-grade of which there ; la reported to be a scarcity. ! - During the past year the company - |