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Show mMEl IS STRONGER . v AND TRADING HEAVIER . 1 . . . , - METAL MARKET. ; . ; ., ; : . n Silver recovered from it slump In ) () some degree on Thursday, moving ) w to 66 cents per ounce. Copper re- mains the same at 11 cents per ( pound, and lead in ores commands ) 13.60 per 100 pounds. The A. 8. & R. Co.'b actual average weekly sales (j) price for desilverized domestic lead is $4.20 per 100 pounds. Four trains Saltalr Saturday? Fare 60c. , - - , . Thursday's morning call on the mi- j . nlng exchange showed "the most satis- t factory trading of any day so far this v week. Not only was the trading heavier-but it was more equally distributed ond prices showed a decided recovery from the depresr ton which baa Obtained Ob-tained for the last two days. r j Consolidated Mercur was about . the came as yesterday but the priceaa slightly stronger, fluctuating between i-"' 2C and 27, -closing with 27 asked and 26 bid. Daly West made Its first sale lor some days and showed a decided .increase, moving to $14.25 with brisk trading and closing with $14 bid, and the stock held at $15. May Day continued con-tinued to show the strength which has t raade it the feature of the entire week's trading, and even advanced slightly to 6 cents, with very little on the market at even that price. There is the pros-, pros-, ject of a stormy time for the shorts in this stock. Sacramento, while the ad- j vance was not large, was particularly . , strong, selling at 11 and being held at 11 at the close. Uncle Sam Consolidated Consoli-dated was also particularly strong and . advanced to 23V4 under brisk demand. i The demand was apparently not satisfied sat-isfied at that price. New York showed a fall and sold down to 3 with but little doing, although that price was freely offered at the cloee. Victor Consolidated Con-solidated was strong, although the trad- ing was slow and the price 2 was maintained main-tained steadily. Mammoth showed some rigns of life, selling a nice block at SX50. Daly was still low around $2.20 to $2.85. while Daly-Judge was steady ' r nd Montana-Tonopah moved up to 21.95. bid and $2 asked. There were 15,-f 15,-f 90 shares sold for $277L32. The closing Quotations follow: ' 1 , . Bid. Asked. " ' AJax,.. $ .07 $ .... Alice - 12 ... Boston Consolidated 6-60 7.75 I'eok Tunnel .06 ..... Butler-Liberal 10 .10 Carlsa v .07 ...j Century ... .30 .37 ' 5 Creole Sj Consolidated Mercur ..j .26 .27 Daly 2.20 2.3 Paly-Judge 4.25 4.65 Lalv West 14.00 15.00 Eagle & Blue Bell 15 - Grand Central 2.90 4.10 Goldneld Bonansa 04 .... Horn Silver 1-25 Jim Butler 66 Joe Bowers .... .01 Little Bell . 30 Little Chief 01 .02 Lower Mammoth .10 .20 ?lontana Tonopah 1.96 2.00 Mammoth 1.42 1.65 Mav Day 05 .07 Martha Washington 004 ' .02 New York .03 .03 Ontario 3.6 .. - Petro 06 .08 Richmond-Anaconda ."01 ' .... Swansea 20 .41 Scottish! chief is highly beoarded. The shareholders of the Scottish Chief near Alta, . seem to have the greatest of confidence in the property, for It was discovered that - practically every holder has come forward with the 1-cent assessment which became delinquent delin-quent today. Over .$1500 has been paid in, and the holders of the stock who have not come up are either out of town or have promised to pay within, the next few days. The time has therefore been extended two weeks, to enable them to save their stock, and it Is practically assured as-sured that there will not be a single share sold at the delinquent sale. The mine is looking fine, and the work is being pushed fast. The incline shaft is now down 700 feet from the surface, and some fine ore has been uncovered and taken out during the development work. This will be shipped some time before the 15th of this month. There seems small doubt that a mine will be developed, as the large shareholders, chief among whom is P. L Kimberly, have signified their willingness to put up as much pro rata in the assessments as the smaller shareholders feel that they can stand for the development of the property. . Manager Will Lawrence left for the mine this morning and will probably remain until after the shipment is made. battery of Blake electric separators Is to be increased at the company's Gol-conda Gol-conda smelter, and both the mines and the smelter will soon be working at the maximum. . ; Grand ball Saltalr Saturday, 60c. MTUnrCr NOTES. Preparations are being made to run a tunnel 500 feet on the Baby McKee mine in Big Cottonwood canyon, which will open the ledge at greater depth than ever before. , A movement is on foot to start a stock exchange at Reno, Nev. It is being be-ing engineered by C. N. Miller of Colorado Colo-rado Springs, and Joseph Knzensperger of this city. W. B. Mucklow is in the city after a trip of some days' duration to the Majestic Ma-jestic company's mines in Beaver county. A. J. Bettles left for the Cactus on Wednesday night. Sam M. Levy has gone out to Stockton Stock-ton to examine work at the Buckhorn. EXPECTING STRIKE IN GTJFFY-GALEY WELL. While the progress at the Guffey-Ga-ley oil well is much slower now than it has, been at any time since the drilling operations were started, the indications are now particularly favorable, and oil is expected at any time. The bottom of the well la now in a sandstone formation, forma-tion, and'lt is impossible to make much more than a foot a day. The thickness of the sandstone formation cannot be accurately determined, but the experts who are conversant with the conditions I at the oil field expect oil to be struck as soon as the sandstone is passed through. The May Day yesterday settled for the twenty-two tons of ore shipped on controls showing twenty-three ounces gold, forty ounces silver and 38 per cent lead. A flow of water which ran the miners out of the face of the tunnel has been struck in the Albion tunnel. The first lot of high-grade ore from the Dal ton of Bingham showed 127 ounces silver, 19 per cent lead, 90 cents gold and 2 per cent copper a ton.. The two new tables which are to be added to the equipment of the Ohio Copper company"s mill are now on the ground. D. C. Jackling will leave on Friday for Colorado. Jackson McChrystal, manager of the Gemini, has left for that property. George K. Fischer is now working on the plans for a smelter for the Mammoth Mam-moth group in Shasta county, Cal., which was recently bought by Bert Hol-den Hol-den and others of the United States household. The Yampa smelter is on the market with two lots of copper matte this morning. The Taylor & Brunton sampler reports re-ports the arrival of two cars of ore from Tlntic, three from Bingham and one from Idaho. j Thomas Weir, manager of the Ajax, has returned from a trip to the East, which has occcupled several months. houtn Swansea ' Sacramento 11 .11 Silver King .; 4S.50 .... Star Consolidated .13 Silver Shield , .04 .04 Tonopah 7-60 8. 00 Tetro -27 .28 Tonopah Extension 1.00 .... United States 20.7 et.R0 T'ncle Sam Consolidated ... -.23 .23 Utah -46 : Victoria 1.00 1.25 Victor 02 .02 y Yankee Consolidated ....... .33 .35 THIS MORNING'S SALES. j Consolidated Mercur, 1009 at 27c; 500 at 26c, seller sixty days; 600 at 27c Daly West. 10 at $14.25. ; May Day. 80 at 6c; 600 at (c. I Sacramento, 600 at llc. 1 Uncle Sam Consolidated, 300 at 23c; SCO at 23c New York, 1000 at 8c ! Victor Consolidated. 10,000 at 2c I OPEN BOARD. j Daly West, 100 at $V.25. ; Mammoth, 100 at $U0. ! TOTALS. j " i Regular call, 14.890 shares for $1196.32. Open board, 200 shares for $1675. J Grand total, 15,090 shares for $2771.22. Grand Saturday night ball, Saltair. September 10. j . . NEW FLAN TO BE PUT INTO EFFECT AT DALY. i . Manager C. L. Rood of the Daly has finally decided on a plan of campaign in the Daly, and will follow it to a conclusion con-clusion as fast as possible. He has decided de-cided to cease operations at the Masep- j.ra shaft, and will explore the Mazeppa ground through the old Liberal tunrteL This will give the depth of 400 feet on the ledge, and the connection can, be made through the tunnel more economically econom-ically than with the shaft i" The shaft has now explored the , - ground for about 200 feet, and the workings work-ings disclose some high-grade ore. The tunnel is now being cleaned out, and the work of making connections will begin be-gin with power drills at once. It is es-. es-. tlmated" that about 600 feet of work will be required to gain a point directly be-reath be-reath the Maxeppa , shaft, but the ledge lp so appreciably that not nearly that distance will have to be traveled to the - ledge. The use of the tunnel obviates the trouble which has been experienced with the spring water. j ' Grand Saturday night ball, Saltalr, September 10. ' ; . ! . EASTERN INVESTORS j LIKE THE UTAH MINES. A. B. Lewis has returned from an ex-'ended ex-'ended trip to New York and other Kastern points, where he has been infer in-fer eating capital In the Monarch Miring Mi-ring company. Mr. Lewis declined I to - reveal anything definite concerning the fate of the-Monarrh.- the -financing -at which was reported some time ago 1 to have been successfully completed, but says that the .Eastern Investor is looking look-ing with kindly eyes at the mining investments in-vestments held out Jy this State, i He says that before he left the East rensatlonal developments were' reported from th O. K. and Old Hickory mines of the Majestic company, but he has not had time to verify them. Mr. Lewis expects ex-pects that Col. Joseph Henrtiaw, secretary secre-tary of the Monarch, will return to this city next week. j . ' Take a bath at Saltalr Saturday. . I : . BULLION SETTLEMENTS, j , - ' 1 ' - i McCornlck &. Co. report the ore and bullion settlements ra the open market for Wednesday as amounting to $88,300, whlh is divided as follows: American bullion, $42,700; gold, silver, lead .and . copper ores, $45,600. ' .1 - j Four trains Saltair Saturday. Fars fOc. '": ,..-. ! PROGRESS AT THE SHEBA. That the management Is losing no time at the Sheba, in Humboldt county. Nev.; is evident from the report which has Just come from the mine that a distance dis-tance of twenty-five feet was made in the tunnel during last week. The tunnel tun-nel is now pointed for the remaining ledges on the Sheba ground. It is not known Just how many of these veins there are, but it is certain that there are st least two more which have not as yet been touched on the tunnel level. More of the old workings are being disclosed every day, as the water which has covered cov-ered them for years is gradually being drawn off through the tunnel. ORE FROM UNCLE SAM. It is not hard to see how the Uncle Sam Con. is able to pay the regular monthly dividend when it becomes known that the shipment which was settled for on Wednesday yielded the company over $3700 after all the working work-ing charges had been paid. The lessees who are working in Humbug ground have a car on the market Thursday morning which was sold on controls which exceed $900 in value for the car. The ore body on which they are working work-ing is looking good, and the lease is proving a great source of revenue both to the lessees and to the management of the mine. The management is now running run-ning to tap the ore in Humbug ground at greater depth where it will be mined on the company's account. REDUCTION PLANT ASSURED. Although the plans for the reduction plant at the property of he Mexican Mining company at GuanacevL Duran-go, Duran-go, Mexico, which was recommended to E. L. White and other capitalists interested inter-ested in the Bingham Con. by 'Frank Morehouse and purchased by them, have not been given out, it Is so well established that the plant will be built that a number of the big machlnery houBes are already laying their plans to secure the contracts to erect the plant. It ,is practically assured that the company com-pany will do six months development' work before starting to erect a reduction reduc-tion plant, but the plans will doubtless be ready long before that time has elapsed. Frank Morehouse Is now laying lay-ing out the plan of development work; which will be carried out under his direction. di-rection. Take a bath at Saltalr Saturday. TO HAVE REDUCTION WORKS. J. A. Crlzek. manager of the Lost Packer mine at Loon Creek, Ida., came down from the north on Wednesday afternoon af-ternoon and . rePrt8 that the . wagon road which the company Is building from Custer City is now within seven miles of the mine. There has been great difficulty In getting men to work on the road, but it is expected that It will be completed before the bad weather sets in. - Mr. Czizek reports the mine to be looking splendid, and the -management will surely equip the property with a reduction works next season. MORE MEN PUT ON.' s t Superintendent Joseph Farren of the Glasgow and Western Exploration company, com-pany, who came in from the company's Nevada properties Thursday, reports that Increased , activity is assured at those properties. Contracts are being let to sink the shaft on the Star group from the 700 to the 1000-foot level. The main tunnel is also being equipped with .new rails. v The force of men at the Adelaide has already been increased, and more men will be put on at Copper canyon and Copper basin on the 1st of October. The |