Show CARBONATE Ill EXTRACTING Oll ORE Col M. M A. A Dau Daugherty herty general manager manager man man- a ager er of the tho Carbonate Hill Hi mine in Morgan county said durin luring during tho the morning morn morn- in big ing that they had lad several carloads of ore taken out and that that they would woul make a shipment within a few days' days time It I is a silver lead lead siver-lead proposition and carres carrice carries car car- rice ries res hi high h grade values alues and gives the company a good oo margin after nil all aI charges have hac been deducted For several years vears they havo have carried on development work in the Carbonate Carbona to lull Hill Hi Each year they have havo had to suspend sus sus- pend pond operations durin during the greater part of the tho winter months and now tho the management has given a lease on tho bo property with an agreement to havin having certain work done during the period of the heavy snowfall in those high mountains The men live in in close proximity to the mine mino and can do this work more snore I economically than the company can ca and should get et into the sulphides on the lower level and extract a considerable amount of pay ore Only recently Clonel Colonel Dau Daugherty's herty's herty's forces located the old ore shoot in tho the middle tunnel where tho the ore is bein being extracted at this time This discovery discover has led to some important revelations the tho mana management ement now finding that it has passed on beyond the ore oro in nIl all al it its tunnel and come within a a few feet of where the deposit is is quite lar large e. e The leasers will wi get et the ore in n the lowest tunnel and then get ct under it by bya a new tunnel 5 NEW NW YORK MONEY MONY NEW EW YORK Aug 19 Close Close Prime mercantile paper per cent Sterling exchange steady with actual business In bankers bankers' MIls bills at t t l r for sixty day lx bills and a at l for demand Commercial bills lIar Bar sliver silver 50 cents Mexican dollars 44 H cents Government Go bonds steady Railroad bonds Irregular Money on call cal steady per cent ruling rate 23 21 per cent closing pr bid 21 23 per cent offered at 2 21 26 per cent Time loans inane loan very dull dul for tor sixty davs days 23 per pr cent for ninety days das per cent for six months 4 per cent METAL MARKET MARKT Silver er at 57 cents an ounce Copper cathodes at 13 cents a pound Lead at 1371 li for the pounds CURB CB TRADING TRIG On the curb this morning no sales were reported Among the unlisted Bingham Central Centra Standard was offered otere at 24 cents and ad Demijohn was bid 7 cents and offered offered of of- at 10 cents |