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Show CLj'D- F10 Gjlzr.BA'V: " - " " " . . - . . ; " - ' - - " ' - . '.-''''..- ' "' ..-.',' . to r.nNiNG t.ien. Give your delinquent and a tsessment notices to THE TELEGRAM. TELE-GRAM. Careful attention and ' reasonable rates' assured. ' Call-up 240, both 'phones, for a TELEGRAM man to call on you. the damages which the smelter waa to The decision of this commission is to be reviewed by a court of law if necessary. neces-sary. In-the event that the farmer refused re-fused to treat with the commission, the bill as proposed will providefor the right of the company to enter condemnation condem-nation proceedings against. the farmer and buy his land. RECEIVER FOB ANNIE LAURIE. An order was entered by Judge John A. Marshall yesterday -in which the Annie Laurie Mining company paases into the hands of the Utah 8avings and Trust company as receiver, John C. Cox, former manager of the mine, ia made manager for the receiver, and the receiver is authorised and directed to issue 125.000 in receiver's certificates to liquidate the payrolls and conduct the affairs of the company. This action grows out of a friendlv suit brought by Frank H. Buhl of Sharon, Pa., against the ,Annie Iaurie Mining company, and MeCorniek Co., bankers, in "which it is alleged that the petitioner is the holder of the larg est block of stock held individually In the mine, his holdings amounting to 12,000 ahares. The company is mcor porated under the laws of "West Vlr ginia for 25 0OO ahares of the par value of $2.500.0'X. The complainant further alleges that the companv owes $130,000 of which $50,000 is owed to MeCorniek & Co.. which concern carries their overdrafts over-drafts for that amount. It ia alleged that the company is hopelessly insolvent, insol-vent, and that a farther attempt to conduct business would be hasardous. An answer was filed by each of th defendants, in which the allegations are admitted, and a further representation is made to the court that an attempt had been made to rais funds for prosecuting prose-cuting the work by the issue of bonds. It is alleged that all attempts to dispose dis-pose of these bonds have been fruitless, and the prayer of the petitioner is con curred in. 8EVEN TBOUOHS LISTED. The Seven Troughs Mining company of Seven Troughs, Nev., wss plneed on the bosrd of the mining exchange this morning. The company is headed by L. A. Friedman as president, and W. Lester Mangum as seeretarv and treasurer. The capitalization' is 1 ,000,000 shares, at $1 each; 250,000 shares of treasury stock, cost on hand $21,375.35. with no outstanding indebtedness. The company owns five claims, known as Fairview No. 2. Fairview No. .1. Fairview Fraction, Tonopah and Destroyer No. 1. LOWEB MAMMOTH SHOWING. AfMys of ore from Ixwer Mammoth on exhibition at the company- local offices show 5 per i-ent lead, thirty ounrea silver. sil-ver. $2 g"d, nni almoet 27 per cent In copper. It Is stated that the ore body has been uncovered for more than 300 feet, and that It is fifteen feet frem wall to wall lrlfts will be continued toward the east from the wlnre. as It has been found that the ore body Is twenty feet closer than at first thought. With a little more work, it Is expected that another great ore body will be uncovered. Iiwpr Mammoth, according to statement? state-ment? given out by those who ought to know, is showing up better than even the owners predicted. DUCK CEEEK DOINOS. J. F. Brim of the Lead King mine. H. M. Dlnwoodev of this city, and W. R. Wallace Wal-lace of the Ridge and Valley mine. Tln-tlc. Tln-tlc. declare thev have a g-ood thing in their Frederick group at Duck Creek, adjoining ad-joining the Lead King claims. Many carloads car-loads of ore have already been shipped, and showed up well. The company will be incorporated soon. Duck Crek seems to be doing well with others. The Ely Duck Creek Iead and Copper company, controlled by West wood and Ruffner of' Provo. is also coming to the front. In a two-foot vein 35 per cent lead or has been found, some of which is now on the market. A. .1. Davis Da-vis and W. H. Tibbals also vnd in good reports of Duck Creek district. . ' Trading on the mining exchange opened with a decided slump in the mi- jority of ..prices, all the active tradera - tvith .the exception of Beck Tunnel, : Colorado Mn Richmond apd Anaconda, Grani Central and Daly Judge selling , 'at greatly reduced prices. , Ajax opend the trading with a few lots at 35 cents, Carisa was quiet at '.'.65 and 66. Daly Judge recorded 100 at t 112.37, Grand Central moved up a . notch and sold at $4.20, Lower Mam- moth took a drop from $1.90 to $1.75 and closed at about $1.80. Slar held teady at 17c while Stray Dog dropped to 48c, Utah fell from around the $2.00 mark to (70 on account of the" recent lire at tht mine. Uncle 8am remained quiet and unchanged at 42He, Beck Tunnel coming to the front at $1.80. Colorado held its own and found a buyer for a few iots at $1.40. Mountain - Lake .took the toboggan - route and slid to the S0 cent mark,. Richmond and Anaconda took another spurt and the strength of the reported sale to-the Knight syndicate, syndi-cate, and sold 1000 at 18 cents. Trading on the open board continued quiet with only a very few of rorites getting into line. Grand ten-Iral ten-Iral tipped off a couple of lots at $45, J,ittle Chief remained steadv at 17 tents, while May Day showed lijtle . weakness, selling at 25 and 24VjC Mountain Lake and Victor Con. recorded re-corded a couple of transfers at unchanged un-changed figures. The market closed on - be following quotations: . Bid. Asked Albion -i ,J AIIc. .0 ' J ;;ciVv.v.-.. ' Creole 'I Saly judge :..;.' 12.25 ! .!. Daly West 19 0 Easle and Blue Bell Grand Central I !' 3S Horn Silver J- Little Bell Lower Mammoth l.M Mammoth May Day - , :ol Nevada Hills 3.2 3.0 Nevada Fairview 25 . Ontario 4.S2J. Rocoo Homestake Silver Kins: f Sacramento Silver Shield J;i i Star Con !, ii t'tah l2,i T'ncle Sam Con .4-1 Butler Liberal ! - u- I 10 Beck Tunnel Con 1 Black Jack -. - I Cyclone 03 Century Colo-ado M I J'I 15 ? -1 :J il :o3 In' n, Joe Bowers i ' Little Chief 1 ! New York ... 2J -2 Richmond -Anaconda .. . . : .l i't Scottish Chief I -nli! f: South Col I .6. retro .11 I -1 o a Vktor Con ! 12 1?1 Wabash -?9 -? Yankee Con I Mountain Lake 9? Utah and Michigan o I .3J Eagle s Nest ; -' Lou Plllon J j -;2 Nev. Hills Florence 19J ;6 Selby Con SO i ' H Yellow Rose 09 1 '- MORNING SALES. Ajax. 300 at 35c. Carisa. &oo at 65c; 1K at 66c. Da.lv Jud(re. loo at $12.37. Grand Central. 500 at $4.20. Lower Mammoth. 300 at $1.90; 4'n at 11.85; 700 at ll.SO; 500 at $1.75: 100 at 11.771; 100 at $1.85. buyer sixty days. Nevada Fairview. 100 at 28e. Star Con.. 1000 at 17c; 1000 at Lie buyer buy-er sixty days. Stray txg. 1500 at 4Sc. Utah. 100 at $1.76; 100 at $1.0. Uncle Sam. 600 at 42ic; 500 at Oic aeller thirty days. j Beck Tunnel. 30 at $l.o. Colo. Mining.. 500 at $1 40. Mountain Lake. 300 at 92c. 30" at 90r. Nw York, loo at 25c. Richmond-Anaconda. 1000 at lsc. OPEN BOARD. Grand Central, 200 at $4.25. Uttle Chief. 600 at 17c. Lower Mammoth. 200 at $1.7.-.; 30 at $1.80; 1000 at $1-80. seller sixty days; 20o , atMavDav. 500 at 25c; 500 at :4ic. Mountain Lake. 300 at 90c. 1 Victor Con. 1000 at 12 seller sixty , lays: 100 at 121c; 1000 at 13c. TOTAL SALES. Regular. 11,400 shares for $11,798. Open. 8750 ahares for $7551.50. Total, 20.150 shares for $19,349 o. Yrlnaton mints, and stated that the Mason Ma-son alUv and Ytrlnfon Copper compa-nltt compa-nltt ait meeting with rtmarkahlt mo-- Both are owned hy local optratort. Ytrlngton deposits, he said, are unusual un-usual btcaute of their remarkable site, thtlr width and Ungth. making the ismi on of the most noted in the world. The surrounding country Is delightful. rENOLI DEVELOPMENTS. Old workings on the Zenoll property are surprising the owners. This Is what Superintendent Su-perintendent P. I. le!mas had to say yesterdsy in this city. Six-foot ore has been found, and Is so easily worked with maehint drills that Urge profits are made, even without sorting Horn silver has been found over th true ore bodv so soft as to be whittle! like pine wood, and which will rrobably run 10OO ounces to the ton. MINING NOTES. Bingham Con. It Is rumored, has secured se-cured a sixty-day option In the Tosepa farm property. Skull Valley, on which a colony of Kanakas now live. Consulting Engineer Duncan McVi'-hie of th Ring-ham Ring-ham Con., however, denies the story. Whitley Tunnel. Bingham Central mine, is looming up In great shape. Eighteen Inches of a fifteen -foot vein shows 2 per cent lead, sixteen ounces silver, and $!; In gold to the ton. Mountain Maid and .lefr Davis tunnels are also proving up well. Free gold, amounting to $T0 to the ton. has been struck In Nelson Queen, it Is reported. Eight feet of tunneling through porphyry-llme-Quaf formation showed great promise, and It is predicted that the real ore body will soon be uncovered. uncov-ered. Work on the new Revenue tunnel exposed ex-posed a cross vein showing three feet of good ore. MeCorniek Co. report ftie following ore and bullion settlements for yesterday: yester-day: Silver, lead, gold and copper ores. $48,000. base bullion. $lv000. Harry Joseph has withdrawn stock of the I.lttle Mug Manhattan company, pending a settlement In the affairs of Larry Sullivan company. R. B. Parry of Park City has been appointed ap-pointed manager of the Nevada Silver Klng property, which adjoins the old Arizona Ari-zona mine. Ci. D. B. Turner, president of the West Qulncy Mining company, returned yesterday from a holiday trip to Los Angeles. An-geles. John Porius. vice-president of the White Pine Gold Mining and Milling company, com-pany, arrived today from Sanpete valley, where he had gone on a business trip. The few mines In that region, he said, are not showing as well as they ought. Three carloads of ore from Idaho, sixteen six-teen from Ctah and seven from Nevada were sampled here yesterday. The hoard of directors of the I'tah-Karns I'tah-Karns Tunneling Machine company held a meeting this afternoon, and acted upon several Important contracts for tunnels in t'tah mines. COPPER COMPANY FORMED. Articles of Incorporation of the Bingham Bing-ham Amalgamated Copper company have been filed with the County Clerk The company has a capital stock of $5.ooo.-oon, $5.ooo.-oon, with shares at the par value of $V The officers are: President. B. F. Grant: vice-president. L. A. Marks; secretary' and treasurer. Arthur E. Snow. These, with W. P. Davis. R. E- Miller. L. H. Gray and Joseph E. Edmunds, constitute the board of directors. VICTORIA OUTPUT LARGE. VICTORIA, B. C. Jan. 7. The natural natu-ral report of the Minister of Mines show the total revenue from all sources of mineral production in British Columbia Co-lumbia last vear was 126.390,000, an ' increase of 13 per cent over last year. The greatest revenue was from the'eop-er the'eop-er mines, which produced $.60. 000, with the gold production next, totaling 6.O70,OO0, and coal third with $4,590,-000. $4,590,-000. HONERINE IMPROVING. Honerlne prospects for the cominaf year are exceedingly bright, if statements made by President George A. Balrd. and L. B. Buhl go for anything. Both returned re-turned from New York recently, antf Intimated that they were more than satisfied sat-isfied with the earnings of tha mlns. Nothing was given out, however, in the way of figures, hut It Is understood that the property was never in a betUr condition. WILL LIST STOCK. Stock of the Seven Troughs Mining company will be listed on the Salt Lake Mining Stock exchange. There have been sold 25.000 ah res from the treasury, and the company has all the capital required for mine development and Improvement, until such time as receipts may be obtained ob-tained from the sales of high grade gold ores. whf h are being daily extracted and stored at the mine. THE ONTARIO PROORESS. Draining: Ontario tunnel Is carried on as rapidly as possible, according to the story of Manager Ernest Bamberger, who returned yesterday from a visit to that property and the Daly West and Daly mines. Large forces of men will be put to work as soon as Instructions are received re-ceived from the New York office. PLEASED WITH YERlNGTON. Louis A. Jeffs. local mining engineer, returned yesterday from a trip to the OFFICERS ELECTED. At a meeting of the stockholders of the Seven Troughs Mining company held in Provo vesterdav the following officers were elected for the ensuing vear- L. A. Friedman of Minneapolis, president; J. W. Knight, vice-presi- . dent; W. L. Magnum, secretary and treasurer; L. Holbrook. manager. These four, together with James Evans, will constitute the board of directors. TOOELE MAY GET SMELTERS. It was stated on good authority this morning that it was more than likely that at least two of the amelters, the Highland Boy and the United States, would be located in Tooele county. It was said that both companies are endeavoring en-deavoring to decide on one of the three sites offered tbem. One of the proposed sites is at Big springs, fifteen miles north of Grantsville, a second is near the Ellerbeck cement works, and the third at Timpe. about- ten miles north of Grantsville. In addition to these two smelters, it is practically certain cer-tain that the Utah Consolidated smelter-will move its plant from Bingham Junction to Pine canyon, near Tooele city. FLANS SMELTER COMMISSION. Harry Joseph has drafted a bill which he will introduce at the coming session of the Legislature by which he hope to prevent 'the smelters from moving from 8alt Lke county. The plan of Mr. Joseph is to create a ' commission, to be appointed by the Governor, this commission to consist of three members, one representing the melter interest!, one the farming in-' in-' terests and the third a chemist. This commission ) would pass on all elaims for damage done by smoke and award ' ' .' ' -' r . f . ' . |
