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Show Business Quadrupled ON THE MINING EXCHANGE DURING THE PAST YEAR When the afternoon call on the SaJt Lake Mining 8tock exchange closed yesterday the total number of shares traded in during the year 1906 was 14,555,391, valued at $9,479,983.52. The total number of shares handled during the same months of 1905 was 7,246,581, having a market value of $2,316,136.51. The increase in wimbe of shares handled during 1906 was 7,309,810, valued val-ued at $7,163,847. These were the conclusions of See-' See-' retary James Shorten, compiled from date kept with an accuracy that stamps him as one of the most competent, careful and painstaking mining exchange ex-change secretaries in the service anywhere any-where in the United 8tates. All the ssuee traded in were stronger I at yesterday afternoon's session than they had been during last week. The slump in prices, which was due. when the bearish conditions in Nevada and New York were duly considered, failed to materialize throughout the holidays. AH the more confidence was therefore there-fore added to the material worth of the Utah securities represented on the board especially. For the reason that there was very little trading In Ne- money in proving the copper reeoorees on this estate are so plentifully scattered scat-tered through an entire mountain as to permit the mining of the same without tunnel or shaft. An open cut in the side of the hill, extended 100 feet vertically verti-cally and horizontally, disclosed enough high grade ore for three or four shipments ship-ments to the Salt Lake smelters which netted $30 per ton, according to the smelter sheets, after deducting all expenses, ex-penses, including transportation by i wagon a distance of fifty-five miles to the railroad. Having beard about the wonders of this extraordinary district, and received re-ceived an invitation from Mr. Weimer to come out and take a look at the same, Mr. Jones responded, with a feeling, feel-ing, he said, that Mr. Weimer had overestimated the resources of his bonanza; bo-nanza; but upon investigation the facts sustained Mr. Weimer 'a statements, and the outlook for making another mine of similar character in the immediate vicinity vi-cinity was so tempting that Jones concluded con-cluded to get in himself and on his own account. He started last night for the East, assuring acquaintances that he will soon be at the mine with money and ability for very large-sized exploration explora-tion operations. MINING BRIEFS. The Green water-Salt I.ake Coppar company has purchased eighteen claims In the Greenwater district, on which the surface values are 2 to 24 per cent, and the propctlns Is assuring that as depth Is gained these showings will increase. Officers of the company are L. O. Ray of Rhyollte president, H. Tyree of Salt Ijiks. vice-president; H. C. Kdwards of Salt Lake, secretary; W. S. McComlck of Salt Ijike. tteasurer John K. Friend, original ori-ginal owner of the ground, and Zen Kendall, Ken-dall, the well-known lucky lessee and oeprator of Tonopah and Goldfleld. are members of the hoard of directors. A compressor and ample equipment of machine drills have hn ordered by the Yerington Copper company In Salt I.ake, for driving th development of this company's com-pany's estate In the Yerington district. The American Rubber and Asphalt company of Chicago has twenty-five teams hauling ore from Its mine to Tucker. I'tah, and a large force of men Rre at work. Sixty to seventy-flve tons of asphalt are shipped to Chicago each day oyer the Denver & Rio Grande railroad. rail-road. The I'tah Amalgamated Coppr company, com-pany, operating In the Needle range. In Beaver county, and of which Pr. C F. Waikina of Hosion Is president, is intending intend-ing to start operations this year. The ores are carrying 75 per cent lead, and X to 12 per cent copper, and about looo ounces sllvsr. leasers on the Valejo at Park City during dur-ing the last two months have taken out over 350 tons, and this yield could tw increased in-creased If teams were available for the hauling The indications are that there will be manv thousands of tons ffcured from these sources during the life of these leases. W. H Clark, st one time a well-known' operator In Sail I.ake. hu' recently active In the Goldfleld dlssrlct. has forroed a:lth his son. Keith, the firm of W. 11 ( lark & Son. Offl.es will be maintained in Salt Lake as well as Goldfleld. The Ozokerite M:ning company whone mine s locate! three miles tnc Tucker. I'tah. unrler the matiagermeni of .1 A Voorhees. Is doing consider hie work A pierhouse is being bulit and the mine will be worked with electrical power Iroin 'his riant. ITavtnK retired t'-nm active manage-!'!-n- of the I'looneer Sampling company. Charles 1' rtonklldge is Intending to ite-vo'e" ite-vo'e" Ins entire tlnn- 'o the Interests he iias in Yerington and Rosebud cninp of Nevada He Is arranging genera! head-Muar'ers head-Muar'ers therefote in the Hooper-Fid ridge building for tn Yerirglon Copper .otn-panv. .otn-panv. the Wheeler Gold Mines company and the Rosebud corporations with which he Is Identified. Freeman Mornlnus:ar ha retijxi.ed I'rom the mines of the Nevada Konajiza '.pper company, a: Aurora. Nev . and states that four le.is"s were let on that "ate. and that tie companv 's work of development I rapldlv priH-eeding with splendid showings He also explained ti nt the development of the ompanv s Ktiza lalni. in the Yerirtg'on district is jhowinif op gratifying results for the stockholders vaaas tne exact status of these stocks at the close of the year waa unavailable until later in the day locally. Wires during the day were down to the west of Salt Lake, and communication with Goldfield and San Francisco almost impossible im-possible until after the local market had closed. Many" hundreds of thousands of shares were sold by Salt Lake brokers outside the exchange, and of these trades there are no public records, but it is safe to assume that their aggregate aggre-gate value will reach above the $2,0tK),-000 $2,0tK),-000 mark. The local market for mining stocks promises to be lively furthermore during dur-ing the coming year." All the conditions sustain the assumption that it should be a bullish position that the issues will occupy Sintil at least well into the summer. The investment features attaching to several of the big Kinghani properties will be revealed in all their glory, and in view of the fact that the promises of these stocks to earn enormous dividends divi-dends will likely be fulfilled, thev are probably certain to much increase the reputation of Utah's mining investment invest-ment possibilities more than anything heretofore recorded: From the specu lative standpoint, furthermore, the big Binghams will also illustrate that Utah mining stocks have been and are good buys for the investor seeking gigantic profits from the use of his monev in mining development enterprises. "The Binghams at th is time are in a preeminent pre-eminent position to vindicate the logic of the argument that no other field of industrial activity offers such large opportunities op-portunities as Utah copper mining. The splendid record of the mining exchange during the vear was made apparently because the public recog ni7.es the solid merit of the stocks that this organization indorses. And the fact that three eighths of the trading is of a purelv local character adds the assurance that the home people them selves are substantial and influential adherents of their own principal in dustry. ONTARIO DALY DEAL. A telegram from New York last night said: The Ontario and Dalv mines are now the property of .1. K." Bamberger and a New York syndicate. Mr. Bamberger Bam-berger said that the formal transfer of the property has been made. If, de (lined to supply any details regarding the purchase or the sum involved, ex plaining as follows: "I am not at liberty at this time to announce the terms under which ne came into possession of the property, nor can I for the present give vou the names of my associates in the svndi cate. In New York mining circles t was rumored consummation of the Ontario deal means merger contemplating the absorption of properties adjacent to the tntarm Dalv. COPPER ADVANCE8. was suggested bv the gradual ad vances df the copper market Isst week, local ore buyers v ester. lav a ft ern .on decided to advance the price for settle ments from $22.02 per hundred pounds to SJ 2 7t . 1 2 1 per hundred pounds. And with th opening of the new vear ap pears that the Utah copper miner has secured an unprecedented market for his product. At the same time he is receiving re-ceiving per hundred pounds for his lead. Silver is fluctuating around to 70 e.enta per ounce. The settlements esterdav for ores marketed in Salt. Lake, according to Mr ornick 4 Co. 's report, aggregated $16nxv bullion. $4..nnn DRAINING OF ONTARIO. ( The Park City Record savg that '"the prospects for draining the Ontario nuns are getting brighter everv dav. The debris found in the mine tunnel where it was broken into some weeks ago has been cleared up and several hundred feet of clear sailing encountered. At a distance of feet from the point above mentioned a cave was found which it is almost certain is the last obstruction ob-struction between the workmen and No. 2 t"haft, whirs; is less than 600 feel dig F'ank V. H iirKin hot ham. W J Cram ami C K Tavlor have bou;hr th 1'ioneer sn-riple- a' Sanclv. nd will car 'or :rs pera'lon in ' he future The offices will rpn'aln i" 'h V'.a bwiM.'i(r. per r. rtookodce tre re':-!nn narfli'r has rransacre.-! the .-ompanv's ousl'.-ss in Ui pssv i F. Tavlor will have active man-aeniei;t man-aeniei;t of '!.e coropajv.'. For the pas' two vearr Mr Tavlor has been superlp- nidn' of the .0lt I.ake office of i he Brais'reer 'comrnnv. oominjr from Pan ' Francis, o to take thai position. The Century Minln company has declarer! de-clarer! a 1 per cent dividend 2 per csnt ca.sh and 1 pr cent stock. Net earnlne of th Rinrham Consolidated Consoli-dated for November amounted to between jsn.oon and !.V'i"0 Contractor Ma' hew of Rricham City, is t'.p irlnit on a contract for exiendlryj tne tunnel in the Tom M.wre pr.iprtv ji r Hlnnham. with a view of bid.HiR on d-velopiuent d-velopiuent work there as well. Books cod ye, terday on the o 7 1 p.r ent dividend recently declared by the TMly-.tudsre Mining company. Preldnt H M Giles Is exhibiting some very ni'-n looking ore from the fjile.s Mining company's properties In Big Cot -tonwooi district. The sttlke was made In a ledge that waa encountered l:i driving driv-ing the tunnel ai a distance from the portal por-tal of 900 feet. tant. At present the air is bad, but this will soon be remedied and work pushed rapidly to tap the pent up waters, which will surslv be reached within a very short time.1' OPTION ON WEIMER. ,lohn T. Jones of Tron Mountain. Mich., expert mineralogist who developed de-veloped the Massbs iron range, ha taken an option on a group of claims near the property of the Weimer Copper company, near Dubois. Ida,, with a view to the organization o"f a strong corpora tion in the East and development opera The advent of Mr. Jones in this newlv-found copper field may lead fur thertnore to its quick advance in the public estimation to the forefront as one of the largest and riehest in the West. Attention was called to it first less than a year ago, when Peter Weimer of Salt Lake secured a large tract of the land that now is included in the hold ings of the company of which he is the president. lie has spent a great deal of |