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Show - The market on the mlnln exchange on Wednesday morning; 'was 'Just 'as strong as It has been this week, but the changes noticed were not so violent or the advance In prices so rapid as has been the custom for some days past There was no sign, however, of a'de-t'llne a'de-t'llne in business and buying orders are still abundant. -May Day started off with a rush and advanced rapidly from the lower prices of Tuesday, but before the close it be- gan to weaken again and the price declined de-clined from 34Vi cents, which was the opening figure to 31 cents, and closed A .i 3H4 cents bid, and 31 cents asked. The cause of the advance at the close was undoubtedly buying orders which were placed by those who thought that the slump of Tuesday was over. There, .is, however, Quite a lot of profit-taking and, a. number of people are shorting the stock. - Carlsa was steady at the prevailing rgures of 11 cents, and Lower Mammoth Mam-moth advanced strongly, going to 12 cents, and closing with 12 cents bid and 16 cents asked. There was very little trading at those figures. Mammoth fell oft slightly and sold with a brisk demand de-mand at from 11.80 to 31-81 and closed with 31.79 bid and 31.85 asked. Star .. Consolidated showed strength at the prevailing figures of from 16 to 15 -ents with very little stock coming out. Beck Tunnel Consolidated showed no change, but was strong at 7 cents, while Little Chief lost sqme of the ' strength which it showed on Tuesday and sold down to 2 cents with little demand for it. . New York showed the nut sensa- " tlonal advance of the day, selling up to , 9 cents, and being held at 10 cents at the close. Columbus Consolidated was Idaho is scheduled for Wednesday and Is eagerly .awaited by many of the Investors In-vestors of the city. ' Mr.-Jennings went to Idaho to examine the Iris of Loon Creek for local Investors and to a certain cer-tain extent ; the future of the district depends on his report. The Iris, which, is a near neighbor of the Lost Packer, has excited much Interest and some fine specimens of gold and copper have come from there.; NEW CAMPAIGN" STARTS J' . INT BEAVER COUNTY. The Cactus and the Majestic properties are not the only mines in Beaver county which will shortly be coming to the valley smelters with their .ores. Matthew Cul-len Cul-len left Tuesday night for Beaver county to put S' force of men to work on the Wild Bill and the Burning Moscow. These properties are situated In the South Star district and are within good reaching distance dis-tance of the Majestic company's smelter at Mllford. In the old days when there was a smelter at Shauntle and the entire North and 8onth Star districts were booming, both the Wild Bill and the Burning Burn-ing Moscow produced ore of a grade which would be astonishing in these days of low-grade shipments. Many thousands o'f dollars were received from the two properties, but for years they have been tied up and Idle on account of -tedious litigation. This has now been satisfactorily satisfac-torily settled and under the watchful and experienced eye of Mr. Cullen, who is as thoroughly conversant with the district as any man In the State, an active campaign of development will be begun. There is at the present time a large quantity of most valuable ore exposed in the two properties and the low-grade ore which was passed by In the old days of high smelter charges and heavy freight fees will be most profitably profit-ably treated at the Majestic -smelter when that plant is started up. OPHTB TUNNEL COMPANY . FILES ITS ARTICLES. The Ophlr Tunnel company filed articles arti-cles of Incorporation with the County Clerk on Tuesday. The company Is capitalized cap-italized for 21,000,000 and the stock Is divided di-vided Into 1,000,000 shares of the par value of JL A. B. Hermann of Minneapolis Minne-apolis is named as president, B. J. Stewart Stew-art of this city as vice-president, James A. Butchart of Duluth as secretary and treasurer. These with Frank Worthing and Peter Weimer form the board of directors. di-rectors. ' Hctlve on the open board, and was . stronger than was expected, selling at ' from 31.50 to $1.624. The closing quotations quo-tations follow: Bid. Asked. AJax .. ...:....'. I .07 ' 3 Alice 4 26 .60 ' Boston Consolidated 6.00 .... Bullion-Beck 1.00 1.25 Reck Tunnel ; 07 .09 Butler-Uberal ..0S4 .OMi Carisa .. ." .114 .11H Consolidated Mercur !43, .47 . Century - .36 Creole .... .35 . Daly t 2.174 2.40 Daly-Judge 4.00 4.60 Daly West 12.65 ' 13.60 Eagle & Blue Bell 85 ,1.25 Galena .. , 04 .30 . Grand Central 2.00 4.00 Gold field Bonansa 05 . .00 Horn 8ilver 1.00 .... Ingot 0014 Jim Butler 60 .90 IJttle Chief 02Vi Ix)wer Mammoth .12 .15 The company has twenty-seven claims located at Ophlr, in - Tooele' county, which extend from Just above the town to the head of Dry canyon. It has been determined that a tunnel shall be run which will tap all the ledges In the property prop-erty at an appropriate depth of 3000 feet. There is already a tunnel in about 600 feet and this will be continued. It is expected ex-pected that the Flsk fissure will be cut Ira about 300 feet more, with the Buck-horn Buck-horn fissure to follow. Fred B. Ro um of Minnesota has been named as general manager. UNITED BINGHAM HAS . RENTED HEASTON 'MTTiT. The United 3Ingham of Bingham has rented the Heaston mlli In that camp and in future the mill will handle the low -grade ores of the .United Bingham. A chute of ore has been opened up on the strike for 100 feet, which shows values val-ues of about 10 ounces silver, 10 per cent lead and some gold per ton, and this will without doubt be made to concentrate finely when the mill is running smoothly. smooth-ly. TAXES BOND AND T.KARF., The Utah of Fish Springs has taken a bond and lease on the property of the Galena, which adjoins the Utah end-lines. end-lines. The purchase price is not known, but it will probably amount to about 40 cents a share on the outstanding Galena stock. The shafts of the two mines are only about 1000 feet distant and the workings will undoubtedly be connected. Superintendent Charles Crismon of the Utah left on Wednesday for camp. MINING NOTES. J. P. Turner, superintendent of the Yankee Consolidated, spent Tuesday In this city and reported things booming in Tintlc district. John G. . Rhodln, superintendent of the American Flag, la in the city conferring con-ferring with President Ring-jeer. William McDermott, superintendent of the United Verde mines at Jerome, Ariz., Is In the city for a few days. The Taylor-Brunton sampler reports the arrival of four cars of ore from Tintlc and two from Tonopah. Montana ronopan .-v........ i.eu i-v'Ti Mammoth l-7 1.85 - May Day 2114 . -31 Martha Washington .00 New York 0614 . -10 Ontario 4.00 4.50 , Richmond-Anaconda ...... .01 .04 South Swansea 061 .08 Sacramento .. ............... .12 .... - Silver King 60.00 64.00' I Star Consolidated - .151. .16 Silver Shield . .04 .... Tonopah 9.50 .... Tonopah Extension 1.26 .... Tonopah Midway 36 Tetro .25 .30 I nited States 24.25 25.00 Uncle Sam Consolidated... .20 .23 . Utah .... .60 Victoria .. 1.25 . 1.86 Victor Consolidated 03 Yankee Consolidated 32 . ' MORNING SALES. Carisa, 2000 at 1114c. j Iower Mammoth, 1000 at 121?c. Mammoth, 100 at 31.80; 100 at 31 .81. , ! Msy Day, 600 at 3414c; 1000 at 34c; 600 at SiVfcc; 200 at 3314c; 600 at 32c .seller thirty flays; 1500 at 32Vsc;' 600 at 8Z1c; 600 at 3214c; IM at 32c; 100 at 32c; 600 at 31 Vc; 300 at 3lc buyer thirty days; 600 at 3114c. Star Consolidated. 600 at 1514c; 1000 at 15-c Beck Tunnel Consolidated, 1000 at 71c Little Chief, 1000 at 21bC New York. 300 at 814c OPEN BOARD. V Carisa. 1000 at llHc. Columbus Consolidated, 300 at 3L60; 200 " at tl2. May Day, 1500 at 31c; 1100 at 32c;. 600 at ."Ec. seller ten days. New York. 200 at fc. ' TOTALS. Regular call, 16.200 shares for 33733.12. Open board, 4800 shares for 31876.25. Total, 20.000 shares for 26009.37. MAT RESUME "WORK , ON MORRISON MINE. The directors of the Morrison Mining - company, whose properties adjoin the Sheba In Humboldt county, Nevada, will meet in this city Wednesday afternoon, nd It Is likely that some definite action will be "taken with regard to the future of the property. The mine has been closed down for some time on account of the litigation 1 aused by the suit brought by Alvlras Snow to restrain the company from buying some adjoining land, Mr. Snow claiming that the board of directors did not sanction the purchase. This suit has now been settled in favor of the company and the property is again In ehape to permit of active work. -It Is almost decided that the directors will call for an assessment and with the money thus provided will continue development de-velopment work on the property. There was a most excellent showing of ore uncovered un-covered in the upper workings of the mine and some months ago it was deter-. deter-. mlued to pink a shaft to depth and by this means to determine the worth of (he ore bodies uncovered above. The ."haft was sunk about seventy-five feet hen the mine was closed down. It will undoubtedly be continued down to at least 300 feet when the work Is resumed. Director George Morgan of the company com-pany .will make a visit to the property and look things over and In all probabll- ity start the work next week. SALT t att-t PROFIT IN OALTTORNIA OIL. J. E. Bamberger stated Wednesday that the oil fields which are owned principally by Salt Lakers in the Los Angeles field are panning out splendidly. splendid-ly. The company, has been developing new wells, constantly and no has twenty producing wells. It has three drilling rigs on the ground and new ground is being constantly prospected. The company is still sending the product pro-duct to market by wagon at a large expense, ss the pipe-line which will connect the wells with the railroad is ' , not as yet completed and will not be for sixty days, but even with this advantage ad-vantage a fins margin of profit is be-ing be-ing made on every gallon of oil sold. REPORT FROM LOON CREEK. Ths return of E. P. Jennings from |