Show STOCKHOLDERS S OF MAMMOTH HOl HOLD ANNUAL MEETING Stockholders of ot the Lower Mammoth Mining company are arc holding their annual annual annual an an- nual meeting In the offices of ot the he company com corn gan pan pany In this thle ct city General Manager J. J C. C Dick Dik submitted his report in which he said ald that the operations during durin the tho tle year tr were wore c principally to prospecting pros pros- the terlo territory overlying and adjacent adjacent adjacent ad ad- jacent to the Immense zinc deposit be between between be- be between tween the 1600 1500 and 1800 1300 levels Je A A. largo large part of ot this thi work has h been In upraising uprisIng from the 1500 level and cros crosscutting crosscutting cross cross- cutting and drifting from those these raises rIses In this work worl some small smal deposits of ot ore of a shipping grade have been encountered encountered but In no instance was the yield sufficient to repay the outa outlay althou although h I tho the work emphasized tho the e extent of the theore theore theore I I ore on the property It I is estimated that the partially developed developed zinc ore is 20 I about tons assaying 13 per cent zinc zInc This is in the form torm of a zinc Inc carbonate and zinc zin silicate and some somo progress ha has been made In a it metallurgical process b by which the reduction may bo be mado made commercially com corn but It can only b be considered a a future asset asset It I la is tho belief belet that that there will wi be found above e tho the zinc deposit some somo large Jare ore oro bodies boies of oC a commercial grade which will account for the source o of ot the te zinc zino at greater depth Drifts were started zno on the tho 70 and 1000 levels last month to reach reah tho the territory directly over the zinc deposits nad tho the intention I is to continue con con- these drifts to tho the contact contact upon which the main ore oro bo body on tho the 1700 level was s found several years ears ago ngo On the level le tho the ore was wae WiS developed for tor fifteen feet on the strike trIko at an on average aver- aver ago age width of ot four feet teet A raise ralso on the shoot for thirty feet teet r resulted in breaking down town ISO tons and three thre cars of or this ore shipped gave net smelter returns of oC 6 55 to the ton Tho The ore In tho the top of ot tho the slope is I nt at present low grade gae c carrying twelve ounces silver a little copper and some somo gold cold A small smal bunch of high grade I ore was encountered when the raise was as started showing about ounces slIver silver siver Tho The raise has been discontinued and sinking a on the shoot has been started The most moat promising indications have been found on the 1000 leveL loveL The west drift fissure to tho the south Is being beinG prospected prospected prospected pros pros- b by this working which Is now out about feet teet from tho the shaft shat The last tf fifty feet o of this work has hns shown ston strong ore Indications and a a few tons have been picked out The company compan shipped tons of zinc Inc durn during tho the year to tho the Easter Eastern East East- em ern er refineries and 1259 tons of oC copper and lead ore are to the valley aloy smelters Th The Tho company h has s some mone money on hand and it Is hoped that somo some perman permanent nt results will wi soon foon be obtained NW NEW YORK CURB QUOTATIONS Badger Bros brol brokers ers South Main street furnish the following received over their private wires thia afternoon I Bid I Asked Belmont 04 1 OH Braden Copper u Braden Butte to B and New e York 00 OO Consolidated Arizona OO OO Copper Mines Ints 01 Davis Daly Daly oi 01 On 01 First National 1 OO On Fraction Facton Og 03 12 florence s 55 60 Giroux 01 Goldfeld Consolidated oa OI Greene Canare 33 25 5 Halifax 2 25 30 Iron Blossom 1 16 1 1 3 16 Jim Butler Buter 65 70 Jumbo Extension OU 65 I cr Lake OH OH Ke ton OU 02 Marconie Mason Magon Valley Valey 01 0 02 i 5 55 57 51 Mines Unes of America 02 Montana TonoPah 30 3 35 Mizpah Extension 26 33 32 Nevada e hills His 28 33 05 North Star Sur 15 18 Ohio Copper 06 15 15 Tonopah 07 OH Tonopah Extension 02 Tonopah Merger so 30 Vest et End i 51 57 5 07 Yukon 5 02 Utah Uth Sec 13 15 Utah Uth Sec Notes iH 78 I |