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Show : S GEMNft CENTRAL OPENS ' ' TRADING ON EXCHANGE , , . . f . bb sa a ' ' P"" TO MINING MEN. : GT. your delinquent and awewment notices to THETELVVi GRAM.- Careful attention and reasonable ratej asiured. Call ftp 240,'both 'phAnea. for a TFXEGRAM man to call on you. .. i M. , , , nominal capital. Part' of It la aJlegad to harp been used la buying 1.7S,000 share out x. 000,000 of the Tabla Mountain Mining company, owning claima far PlaaJ fpunty. Art son a. .. , , -- - ' : '.' . . TEXXKQ70N CO CltABTZBD. ' Article or Incorporation fok the Tertng-ton-Ctah Mining company wr filed with the Ounty Clerk this morning.-Tha company com-pany la capitalized f6r $1,009,000. Tha offlcera are: I. A. Clayton, president; D. W. James, rice-president; L. H. Young, secretary. The company Is tha. owner of the Never Slip and Copper Glance mining claims at flmlth Valley. Douglaa county, Nevada. -: ' 8TBIKE ON BIO INDIAN. , Another good strike haa been made'on'i Big Indian copper mlnex W.tt. Bohm, manager is In receipt of a pan otVtron- 4 centrales showing 15 per cent coppr.'wlth traces of silver, The stuff, and there Is. up to now. four fet of it with the end far off, was found through hanging wall of talc about three feet from the main shaft. Big. Indian Is fast developing Into one of the most valuable properties in Utah, and altohugh. but little haa been said concerning con-cerning it. operators in this section realise real-ise that It is one of the best Investments in the intermountaln country. AFTEBNOON CALL. AJax. '400 at 3Sc. Lower Mammoth. 200 nt 2.15, seller thirty days; loo at $2.10. Ma- Day. 500 at 23c. buver slxtv davs; 3000 at 22c; 1000 at 221c, buyer sixty days: 1000 at 221c. Sacramento, 1200 at SJc. Star. 1000 at 211c Colo. M.. 900 at $2.15. Ingot. 2000 at 61c; 2000 at 1000 at Sc. Little Chief. 2500 at 15c. Mountain Lake. 100 at 8Rc; 800 at R9c. So. Col. Con.. 33 at 11.821: 100 at II ?o. Seven Troughs. 200 st 95c; 100 at 94c. V!-tnr. 200 at 12c. Yankee, 100 at 39c. METAL QUOTATIONS. Copper $24. 5 Lead J (too Silver ' 61 MINING NOTES. Stockholders of Columbus Consolidated will hold an annual meeting this afternoon after-noon at 2 o'clock Dreamland mine, Rosebud district, has uncovered ore averaging 700 ounces sliver, sli-ver, with a good quantity of gold f the ton. Brown Palace is ranked among the best paying properties In ths camp. Rattler Rat-tler tunel has broken through the hanging hang-ing wall and struck fine ore. On the Nevada Bonanza, Yerington. a double compartment shaft will be sunk, and will be equipped with an eWlric hoist. On the fifty-foot level a crosscut is worked and good prospects have been found at eighteen dl(Ternt points In the mine. Jennie mine. (Told Springs. Statellne district. Is considered one of the best properties In Nevada, ore having recently been found In great quantities assaying $49.80 In gold A thirty-ton mill is in operation op-eration at the mine, and treating $65 shipping" ore. Mining prophets predict that Calumet i and Arlaona will pay a $5 dividend next June, and that the stock ought to go at $1.90. 1 - There waj no apparent change either ' for the better or worse durinf this morning's session of the Minin ex-chanjre, ex-chanjre, in fact the quiet inactive condition con-dition into which the market hai fallen the last few days seems to have taken a very severe hold on the trading. The prices too are beginning to show the ' ' effects of the quiet market and with few exceptions the list sold lower. Grand Central opened the trading with sales of 100 at $4.75. Mammoth dumped a like amount at $1.40. May Dav fell from grace and sold from - - 2iUr to 23c. Silver Shield found a . ' market for its ware at 12c, 4500 shares '''f ' changing hands. Star Con. continued on the alumr., "selling 4500 at 21V tr. Uncle Sam unloaded 200 at 42c with Beck Tunnel next at $1 Black Jack went at 73c and 72c io-rado io-rado Mining like most others slipped a notch and sold at $2.15 to $2.10 Ingot, In-got, Mountain Lake and Scottish Chief each sold a few at yesterday 's rates, while Victor Con. sold st 12c and Yankee at 30c. Te open board trading was of a neh more quiet disposition than that of the regular board, only a very few faverites getting into line with prices unchanged. Cariaa beiDg first with 100 at jc Grand Central moved up to $4.7713, and $4. SO. Star Con. remained quiet at 21c. while Nevada Hills fold fifty at $3 85. South Colrnnbus Con. was the last. 200 shares going at $1.90 to $1.87li. The market closing on the fol- , lowinjf prices: Mid Asked. Albion A 1 ,-!- Alice 2 "'J: Ajax "' Bullion Beck ; ; Carisa : 03 i Creole Con. Mercur a Paly 2." 2.M Dalv Judge 11 25 " Daly West 19.75 2". :.' Eagle and Blue Bell i 2.25 3.. Grand Central , 4. ,5 4. so Horn Silver 1.50 ...... . Little Bell ! 5.00 . 6 . Lower Mammoth 2 20 2.4.i Mammoth ' l 1' Hay Iay , Nevada Hills 3.6o.j.3.9S Kerala Falrview 22 Ontario 5 - 25 . -5 Silver King- 22.5' Sacramento .081! "91 Silver Shield j -HI -13 Star Consolidated .21 , .211 Stray Dog ' .50 ' Swansea South Swansea 01 " .10 United States 62.00 , 63. 00 Vtah 1-95 2.00 Vncle Sam Con 411 .42 Victoria 25 , 3.2o Butler Liberal I I ln Beck Tunnel Con ! 1.75 1...1 Black Jack .71 .3 Cyclone .21 ."3 Centurv -55 Colorado M 2.121 2.15 Dalton -01 Emerald 1 -2 Ooldneld Daisv 2.;.o Ingot rt4S -"51 Little Chief 14 .15 New York . .20 . 2o Richmond-Anacorvla r,7 .10 Scottish Chief ' ."51 051 South Col. Con l.7j 2.00 - Tetro .11 , -131 Victor Con ! .121 Yankee Con Mountain Lake ! .89 ' I'tah and Michigan .25 1 Eagle's Nest '-4 Lou Dillon 171 .26 Nevada Hills Florence 14 Seven Troughs .9" .95 FORENOON SALES. Grand f'entral. l"n at $4 75. Mammoth, loo at $1.40. Mav Dav. 4000 at 24 jc; 500 at 24c : 2000 at 23ic: 2i"'" at 23-. Sliver Shieid. 4500 a t 1 2- Star Con . 3500 at 211; looo at 21c this Stae. In oudrr thereby to promote the welfare of the State and Its Inhabitants; Inhabit-ants; Be it enacted by the Legislature of the State of t'tah: h.at the mining, milling, smelting or. er reduction of ores are hereby declared de-clared to be for the public use and benefit, bene-fit, and the right of eminent domain may be exercised therefor ln the manner provided pro-vided In chapter &6. Revised Statutes of I'tah. im. In taking lands for sites for mills, smelters or other works for the reduction re-duction of ores and necessary to the successful suc-cessful operation thereof. Including the right to take lands for the discharge and natural distribution of smoke, fumes and dust thereon: produced by the operation of such works. Referred to the Committee on Mines and Mining. JAIL JOE " WILDCATTERS." Wildcat mining and other corporation corpora-tion schemes received a hard jolt in the House yesterday, when a bill was passed prohibiting them. The measure was propoaed by N'ephi Jensen, who spoke at considerable length upon the subject. To disobey the proposed law a fine of not more than $10,000 or ten vears' imprisonment is provided. The following is the bill: Any person whu knowingly makes or publishes In any way whatever, or permits per-mits to be so made or published, any book, prospectus, notice. rport. state-merit, state-merit, exhibit or ar ather publication of or concerning the affairs, financial condition condi-tion or property of any corporation. Joint stock association, co-partnership, or Individual, In-dividual, wh4fh said book, prospectus, notice, no-tice, report, statement, exhibit or other pubiar-ation. shell contain any statement which. $ faMs or wilfully exaggerated, or which Is Intended to give, or which shall give, a less pr greater apparent value to the shares, bonds or property of said corporation. cor-poration. Joint stock association, co-partnership or Individual, or any part of said shares, bonds, or property than said shares, bonds or property or any part thereof shall really' and ln fact possess, shall he deemed guilty of a felony, and upon conviction thereof shall be Imprisoned Impris-oned for not more than ten years or fined not more than ten thousand dollars, or shall suffer both said fine and imprisonment. imprison-ment. MASSES OF HORN SILVER. (Hnge chunks of rock from the Cedar mine. Beaver Countv district, exhibited bv H. Barnett. secretary of the com- pany. show almost solid masses of horn silver. Recent development on the propfrtv reveals great ore bodies at almost every point, and on the 275 foot level in particular the company feels that it has struck it rich. On Cedar Extension, too, good discoveries dis-coveries have been made. Lead was found recently at forty feet, and both mines indieate great richness with depth. Both properties are largely controlled con-trolled hv ' Salt Lake operators, who think their-investment a good one. WILL INJURE MINING. Recent orders by President Roosevelt bearing upon mining patents are likely, it is thought, to work great inconvenience inconveni-ence and trouble upon Utah miners and mining companies. Tn effect, the order is that no patent shall' be approved by an agent of the Land department or by ac .""gent of the forest reserve. This was done on the part of the Chief Executive primarily to prevent fraud, but it takes no notice of proof of stipulated work on the part of United Uni-ted States deputv mineral surveyors In one respect the new order is benefi cial. as it compels work on a claim, and prevents the owner from idling and in the meantime taking advantage of work done on adjoining claims. H. L. Siegel. general manager of the Siegel Consolidated Mining company, who recently returned from Washington, Washing-ton, is busy explaining the good and the evil of the new order of things, and is making strong efforts toward eliminating elimi-nating the latter. Shipping ore three and one-half feet wide has been found on Climax -ialm at j Duluth. and sacking Is going rapidly on. On the entire face of the main tunne ! of Nevada IVuiglas. wlih has been driven 2o0 feet more. .mmerclal ore shows Itself, and the mine may becftme one of the greatest copper producers In the country. Borax Smith will, ln a short time, be ! within fourteen miles of Greenwater camp, which many experts declare is destined des-tined to be the greatest copper district In the world. Handling of unlisted stocks yesterdar 1 on exchange was as follows Standard Copper. $1 22191 SO. Copper Glance. 289 291-. Western Nevada Copper. $1 50. Yerington Yer-ington Ironsides. 25c; Keystone. 25c. Fast Cumberland-Klv. 38c. Ohio - Kent uck v. $4 70, Mason Valley, $4 75. Klv-Witcii. $1.7091.75; Wheeler. 50c; Mc iKinald - Fl v. $1 25 bid; Federal Ely. $1; Salt Lake and Ely. 50c; Cedar. 75c. Cedar ETtenslon. 25c; Yerington Copper. S5c; Bingham Central. $1.501.75. Naiidrtver. 50-. Fifteen Inches of fine carbonate ore has been found In a drift on Indian yueen. near Cactus mine. Beaver county. The same amount of galena has been uncovered un-covered In an opposite direction. Shafts will be sunk, it Is thought, this season. Reports from New York Citv state that directors of the I'tah Copper company will meet todaj and authorize an Issue of stock amounting to $1,500,000, to be expended ex-pended ln machinery and other Improvements Improve-ments at the mine Plans of the company involve the expenditure of immense sums of money, $750. opo alone 10 be ppen' on the new power plant In a short time the big mill at Bingham will be able to take care of looo tons daily. Ten cars of I'tah ore and nine from Nevada were treated at the Ta lor Brun'on sampler yesterday, the Pioneer received six fiom t'tah and one from Ne- ad a. Wlh a view to de eloping ore bodies recently uncovered on Qulncy Junior mln. Hallev. Ida. an assessment of 10 cents a share was levied yesterday at an adjourned meeting of directors in this city. In this manner, about $15. 000 will accrue. High lea.) and silver values have been found on the property. A. J. Davis has returned to work after an Illness of almost eight days I ncie r-am. at -o Beck Tunnel. .'."" at $1,771 Black Jack. 200 at 7.3c. in., at 72c Colorado M . P0 at $2 15; 700 at $2 121. 500 at $2 10 Ingot, looo a' .'c Mountain Lake, lion at . Scottish r-hief. 2'r at 5ic Victor. 15"0 at 12c Wabash. K'O at 3". OPFN BOARD Carisa. ion at 57c Grand Central. 3"f' a' $4 so, ;nn at $4,771. Ptar Con.. 6"0 at 21c Nevada Hills. F.o at $3 5 South Columbus Con , inn at $1 !n , 100 at $1,871 TOTAL PALE?. Regular. 2s.60fi shares for $94' Open. 4550 shares for $7745 Xptal. 3.3.150 shares for $17,234. INGOT'S ANNUAL ELLCTION. John Dern waa elected president; E H. Alris. ice-president ; George H. lern. secretary and treasurer; C. H Griffin and J. W. Currle. as directors of the Ingot Gold Mining company, at a meeting held yesterday afternoon. Another meeting will be held today, at which it is thought a 2-cent assessment will be advocated in order to raise money for new development work. The assessment assess-ment ought to bring In $in.ooo. The matter mat-ter was mentioned yesterday in the neore-tarv'e neore-tarv'e report, and was favorably, received. Maps were produced yesterday showing that the same rich ledg underlying Consolidated Con-solidated Mercur is on Ingot, which adjoins ad-joins the former property. Wlrh the dip supposed to be on Ingot, the ledge Is fig. ured to show at least 50011 eet on Ingot. In the shaft on Ingot, which is now about 35 feet deep, rich disclosures have been made, and drifts will be made to strike the main ledge EMINENT DOMAIN TO SMELTERS. A bill granting smelters the right of eminent emi-nent domain was introduced in the Senate yesterday by Senator Benner X. Smith. The act declares that the production and reduction of ores are a public use and benefit. The bill will allow the smelters to acquire by condemnation property in the vicinity of the plants The bill la as follows: Wherea. The production and reduction of ores are of vital necessity to the people - of the State, are pursuits In which all are Interested and from which all will derive a benefit, and th encouragement of said pursuits Is a part of ihe public policy of BUYING MACHINERY. .1. W. Walker of Cherry Creek dis trier, and connected with the Nevada ' onsolidated Stock company In that district, is in the city buying machin ery for his property. Incidentally, he is busv telling of the wonderful resources re-sources found in his neck of the woods. Two months ago the Nevada ''onsoli dated Stock was organized, ami today operates claims adjoining the famous old Star mine, shoots from which are found on the ground of the former company. At forty feet in the shaft oie was recently found averaging $1'1S in gold to the ton. SOME FINE ASSAY8. Specimen ore from Steamboat tunnel, tun-nel, Mountain Lake mine, is shown bv Col. X. Trewerk. Assays on .art if the rock show 53. OS per cent copper, 0 40 ounces silver and $1.20 in gold to the ton. Free gold is also plentiful. Developments on the Big Cot ton wood mine, close to Mountain Lake, reveal similar formation, and ores from both mines show almost similar assavs. Both grades are heavy in bornite. On the Big Cottonwod side of the mine of the same name, a deep tunnel is beingdriv-en. beingdriv-en. the entire length of which ft. rich in commercial ore. As the season advances, considerable money will be experded" in extending this working, and another tunnel will be driven into the property on the Snake Creek side, about 2000 feet from Steamboat tunnel. Both properties, the Big Cottonwood and the Mountain Lake, are attracting considerable attention from local and . ther ojverators. and gTeat results are predicted for 1 . th mines. LAWSON'S PROPERTY ATTACHED. BOSTON. Feb. 6. Two special receipts for $500.ooo each were issued today hy the Superior Court attaching the property prop-erty of Albert ('. Bvirrage. the mining. Standard Oil magnate. Thomas W. Ijiw-son Ijiw-son and Charles D. Burrsge. In the hands ; of the Eliot and Shawmut banks and Havden. Stone A eV. The attachments are in favor of Henry G. Runkle of New York, and are the result of a long series of legal actions by Runkle to recover $JS6.000 which Runkle Run-kle alleges he and others entrusted to the defendants for Investment J.n copper properties, prop-erties, receiving shares therefor. Defendant De-fendant claims he has since demanded the money, offering the shares ln return, but was, refused In recounting the original transactions. Runkle alleges that the defendants organized or-ganized a company under New Jersey lawa called the Angang Copper company, with $1,000,000 nominal capital, and trie Oxide Copper company, with $5,000,000 |