OCR Text |
Show ' ' 1 . I v $ 1 1 . . 1 .s .vyu t k.. ummuu i-4 U - - w J - w , ' .ii a MM - ,r's TO MINING MEN. Give your delinquent and assessment notices to I r a Telegram. Careful attention and reasonable : .cs assured. . Call up 240, both pbones, for a clcgram man to call on you. :: :: :: :: :: :: dated rrorerties because the fcLowir,; ij so wonderful. "-e are Z'.:?Z to opeT lis tjesct the ttate this summer. There, in the Khadow of the beautiful little city of Iieno, we have been quietly developing a rroperty, known as the Eeno Mizpah. L'y driving a tunnel 900 feet, we have intercepted six veins avering from two to twelve feet wide. This is all concentrating con-centrating sulphide ore, and we are arranging ar-ranging now to get the plant to .treat this valuable product.' "During my stay in Salt Lake City I have succeeded in raising $2500 which will go toward paying for the,develop-ment the,develop-ment of the Pearine Mountain ground overlooking Beno. This is distinctly a copper proposition, and . as soon as weather conditions will permit we will begin the opening up of this ground on an extensive scale. Before the close of the summer I am convinced that we will open up large copper deposits that will compare with any of the red metal camps of either Utah or Nevada. The ore is there and all the country has needed to make the showing is capital, and now we have that. Just watch this district come to the front. "Beno is the commercial metropolis of the State, and we intend to show that it can also be made ono cf the big- gest mining centers in all that Nevada country. C. L. Dignowity is managing the affairs of our companies, and as he has ever been successful in picking winners, win-ners, we feel assured that the results will be all that we have anticipated. I am on my way to Denver, Chicago, Philadelphia and New York, working for the interests of Beno and its vicinity, vicin-ity, and I know that I shall succeed ia getting what we want for that country can deliver the goods. Keep your eye ' on it and see for yourself." ' - CUBB TBADING. On the euro this morning, following the regular call, there were a few sales of unlisted stock, including Cedar at 50 cents. Copper Glance at 28 and I3ic, Ely Witch at 1.10 and $1.12, and Standard Copper at 40e. For Newhouse there was bid $20.25 and $20.60; McDonald-Ely received re-ceived a bid of It cents; Yerlngton Copper Cop-per was offered at 60 cents: Wheeler was offered at 45 cents; Salt Lake-Ely was offered at 15 cents, and Nalldrlver was j bid 40 cents, while the asking price was 42 cents. METAL MABKET. Silver Is being settled for on the open market today at (51 cents, copper, castings cast-ings at 243 cents, and electro at 25 cents, while lead is commanding S6 per 100 pounds. . OBE SHIPMENTS. The Pioneer sampler Is In receipt of six cars of ore from Utah, two cars frtyn Nevada Ne-vada and one car from Idaho. Taylor k B run ton have released seven cars of ore from Nevada. fou cars from Utah and two cars from Idaho. MINING NOTES. ' President Charles McNeil of the Utah Copper company. In company with Manager Man-ager Jackllng, is Inspecting the properties and milling plant of his company in Bingham Bing-ham and Garfield. Ore and bullion settlements yesterday, according to. McCornick A Co., amounted to $95,000, divided as follows: Silver, lead, gold and copper ores, $30,000; base billion, $40,040; gold bars, $25,000. Edgar Collins, former superintendent 'of the Combination mine at Ooldneld, has been appointed superintendent of the Montana Tonopah-mlne at Tonopah. - - Judge Snyder Is in receipt of information informa-tion from the Odin mine at Park City, to the" effect that the copper-bearing ledge has widened to four feet, the same giving values of II per cent in red metal. ' rroveraent was to be seen , . .:r)8 aesaion of the' v.. ' ' greater part of the to the front. Al- th( . t e trading very ext. le were some what -j.et having the impressio f . jy Kun from now on. The t. 1 1 r lih Carisa first at 51 1 ; t oed several no tices L it - j.05 and $9.10. Eap'' ' ;... . Nevada recorded a sale at I . Low Mammntv strengthened on f i r.t 75 to ; 1. 5. Uay Day cl ! ere- ; 30c, aitr sales of sev-e' sev-e' i J ., nt t! st t ure. Silver J.. 7 f -! at 4 '), with Star Vv... i.i l . ; , ..j. Uncle Sam on a tn or opt i . ' 1 at 50c. . r Libt: . the only weak member cf-tr. list, : ped to 12. Colorado Mir and k Jack sold at un-cha; un-cha; ; rhta, -,ile New York went for i o. : ' thief brought Tc, with South ( a going at $1.07. Tetro j- s . l ivn.g a sale at 14c, while nkr v ... closed the business at 50 15' r the time allotted to the Mimed by the regular rd trading was limited, e regulars coming out. .n. sed in 100 at $1.72. K" . $5.33, Dalv-Judge sold t I j to $9, while May Day lO' f.nd30c. Hid. A liked. .75 S .9oT 4.00 6.00 1.60 1.75 50 .51 . ...... 40 .38 .40 2.25 2.60 9.00 8.10 .. .0 17.00 .eD 2.60 1 - 4.80 4.60 . 1.00 '2.00 .......... 4.25 6.00 nmoth .- 1.871 1.85 1.60 1.94 .291 .30 t. 87 3.45 view 10 .19 ( 6.00 7.00 t i ...nff 18.50 21.00 f icimnto 09 iver Shield Ill .12 l-i ar Cm 35 .36 t- tray Log 80 .84 hwansa .... .... 23 .42 I f-outh Swansea .09 I ' t'tah 1.85 2.10 fnria Ram Con 48 .491 Ha 2.75 i Con 23.00 liberal .11 .13 mnel Con 1170 1.721 ick 50 .57 60 M.. 2.25 2.321 1 30 ; 'y 1.80 2.05 ...... ........ .08 ' .081 021 . ' f ..-. 1 6 I rk 171 vi-Arkconda .09 Chit-f .07 . .071 4umls Con.. .... , 1.05 1.071 Teli JO .15 VI." i. . V-. "...... .10 -.11 , Vitt.iit .... ..... ....... .16 . .30 i Yankeo Coi... .60 .61 Pullork J...... .05 Mt. Lk '.C... .70 .71 L'tah enrl j"a .25 "sele's NeiV.... 291 alsy Annex ; .20 Jromed-iry Hump 60 xu Plll. n ...... J..U..... .17 .20 ead Kir - 22 ,'evada K."" "lor." .08 .17 even Troi.e a .... ...... .46 .48 ellow Roue - .09 J MORNIMO SALES, j Carisa, 800 at 61er , Paly-Judge. 950 at. $9.10; 450 at $9.05. ' Kasle's Nest, 600 at 30c. - Iiwer MammdVh, 100 at $1.75; 200 at , f 1.771; 200 at $1.80; 600 at $1,821; 300 at $1.85, buyer thirty dra. May Day, 6000 at 3o. J Silver King-, 10 at $20. Star, 200 at 251c - ' Uncle 6am. 600 at 60e, buyer thirty IflVS. . ' MiKler-L.lb. ral. 600 at 12c. . , T'olorado. 100 at $2 271. Mt. Lake. 100 at 71c. New York,' 600 at 18r. Scottlri Chief. 8000 at 7c. f-oiith t'olumbiis, 400 at $1.01. Tefio,-.r,00t 14c. Yankee, 100 at 61c; 1000 at 60c. ; OPEl BOARD, j r k Tunnel. 100 at $1,721. i umbuirCon., 250 at $5.35. i 1 '-Judge, 26 at $9.10; 200 at $9.05; 325 J- at "0. . ' I.-jr Day, 600 at SOc; 400 at 29ic. '. TOTALS. ) Krirular. 13.610 shares. $18,328.50. I 0n. 2900 shares, $6895.50. , T. lal. 14,610 shares, $26,224.00. M ath's totals, 1.129,175 shares, $1,126,-238.64. $1,126,-238.64. . Hame month last year, 1,114,861! shares, $766,649.74. , ' . EAGLE'S NEST STAMPEDE. ' (Special to The Telegram.) FAIRV1EW, Nev., March 30. The sen- j t satlonal showing In the Eagle's Nest mine I here threatens another stampede Into th I Ilitrlct. The telegraph office Is crowded f with messages from mining superintend" , ents on the spot to their chiefs, announcing announc-ing the opening of another million-dollar i mine in the district, and the early Interest , in the ramp, which was stirred by the four-million-dollar find, the Nevada Hills, situated within a stone's throw of the Kagle's Nest, Is dwarfed. The- Idea of a ' "one-mine camp" Is now laughed to scorn, the Eagle's Neat Vein having been .found . to be a continuation of the Nevada Hills j lead and to be nothing more nor legs than j the mother lode of the entire Falrview , f"strlrt. The same vein has been Tecently. nJ up by surface cuts, trenches and on the Kagle. Hailstone, Cedars, Rork and Reliance groups, and 300 is are now at work feverishly open-up open-up the properties that are known to e this main lead. n the Kagle's Neat the vein has been up In two shafts 100 feet apart. In 1 aliaft eight feet of the lead gave an ipee of $112 clear across at the thirty-f thirty-f t level. In the No. 2 shaft the vein v s Ktruck at six feet. It pitched away from the -haft, which is perpendicular. At the twenty-foot level the shaft passed throueh the vein. At the forty-foot level i ro-K. uttlng was begun to catch the vein a fa in. It was encountered within alx feet f the shaft, and croaacuttlng for days re-vealed re-vealed no hanging wall. When the cross- cut measured twenty-six feet what ap peered to be the hanging wall was reached, but drilling from a thirty-Inch hole into the supposed hanging wall gave assay returns of $41 a ton, and what ap-peared ap-peared at first to be the hanging wall Is now found to be , a 'good grade of ore. Crosscuttlng Is therefore being continued. Today the crosscut reveals a. vein width 1 of twenty-eight feet and no wall, with every indication. In the opinion of both Superintendent Angus McAuly of. the Eagle's Nest and of Superintendent J. W. Morris of Wingfleld and Nixon's Eagle mine, which adjoins, of going from sixty to seventy feet. mmo DISTRICT SHIPMENTS. Shipments of ore from the mines of the Tlntlc district In the last week show an Improvement In the output The operators claim that properties are In the best condition con-dition that has been known for several months, and that with better facilities for shipping, the entire district will respond with large consignments of -ore. The properties in the snipping list are as follows: fol-lows: Carloadsi. AJax 4 Beck Tunnel 9 Bullion-Beck Bullock .... 1 Carisa ,,. H Centennial Eureka 6 Eagle & Blue Bell 1 Eureka Hill leasers 9 Oodlva concentrate 2 Grand Central . i.. 6 Laclede 1 Mammoth ' 4 May Da.y- A... 6 Ridge & Valley Scranton 6 Star Consolidated 4 Swansea 2 Tlntic Iron S Uncle Sam S Uncle Sam concentrates 3 Victoria i Yankee Consolidated 7 Total 148 UTAH CON.'S PROSPERITY. BOSTON, March 30. The Utah Consolidated Con-solidated issued yesterday its annual report, showing a profit and loss surplus sur-plus of $2,451,228. Earnings for the year were $9.45 per share net, on a production of 18,500,000 pounds of copper. cop-per. The net profits for the year were $2,835,009, against $1,887,385 the previous pre-vious year. Sutahide ore in sight remains re-mains unchanged from the last report. There were 296,989 tons of ore treated. From this was produced 457,-812 457,-812 ounces of silver and 42,601 ounces of gold. The eustom ore yield of this Tear was 3271 Ounces of silver and 15,-10 15,-10 ounces of gold. During the year, 10,172 feet of exploring and development develop-ment work was done, of which 2725 feet were in ore. This development was confined practically to the upper levels and resulted in the development of about 280,000 tons of copper sulphides. sul-phides. , GOOD ORE IN UTAH MINE. Another valuable car of ore from the properties of the Utah mine Is at the sampler down the valley, and the management man-agement announces that the regular tonnage ton-nage is being hauled to the station at Oasis by the teams at the mine. At the present time the management has reached the 600-foot level in the shaft, which was destroyed by fire, and the carpenters car-penters are on the ground constructing a new hoisting plant. After this work is completed the carpenters will proceed to retimber the shaft, which it is thought will be cleared of all debris down to the bottom of the shaft, or a distance of 800 feet underground. In the meantime the company is keeping keep-ing up development work on the Galena properties, and is sending out regular consignments of valuable ore which furnishes fur-nishes ample revenue with which to pay the regular dividend of $3000 monthly, and adds to the reserved fund In the treasury. SALE OF ANNIE LAURIE. F. H. Buhl and George A. Balrd are out from the East to attend the sale of . the Annie Laurie properties, which Is scheduled to be the first part of next week. Nothing Is being given out regarding re-garding the proposed plan of action at the receiver's sale of this valuable gold-producing gold-producing proposition, but It is believed that these men simply propose to see that Ihe property brings a fair price. Balrd represents the Interests of the Peter Kimberly estate,, and Buhl, It is said, has been willing to dispose of his holdings In the Western Exploration .company's .com-pany's mining properties at a fair price since the death of Kimberly. There seems to be no question regarding the merits of this Gold Mountain mine, and all of the equipment. Including the power plant, reduction works, and complete plant and buildings at the mine are comparatively new. It seems to be the general Impression Impres-sion that the property will get Into the . hands of a company, yet to be organised, and that within thirty days the entire property will be responding with the usual usu-al valuable product which was produced at a time when the mine earned good dividends. "KEEP TOUR EYE ON RENO." Frederie A. Dignowity, one of the young mining engineers of Nevada, and who has spent several years in Mexico, departed tor the East last night, after having transacted business with bis associates as-sociates in this city. Speaking of Nevada Ne-vada he said: "It is talked about as much as any of the mineral territory in the West. But while you hear about Goldfield, Tonopah, Wonder and a number num-ber of other camps down in that country coun-try that are making good, there is very little said about the northern section. MI have traveled over the entire State and studied its mineral deposits practically and theoretically, and have become interested extensively in the country about Reno. We do not claim that this country is the greatest camp, but we do defy any of ihe other districts dis-tricts to show ns such mineralization, such values or such prospects as can be shown in the vicinity of Reno. Still an-other an-other feature and advantage to mining near Reno is the railroads, sampling works, plenty of miners and practically everything necessary to make the cost of mining cheaper than at any other point in the State. At Ramsey, fourteen miles from Reno, an immense tonnage of ores has been developed since last May that will compare favorably with anything that I have seen in all my mining mi-ning experience. Upon the Ramsey Consolidated there has been enough ore blocked out to keep the miners busy extracting the product for several years, and recent developments on this prop-5yi prop-5yi hawt dJ.8CI08t high grade ore Iden-tical Iden-tical with that of the famous Florence mine at Goldfield. There are several other meritorious propositions at Ramsey, Ram-sey, but I 'Simply mention the Consoli-r. Consoli-r. , . . - -. . 'l . |