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Show INTER-M- O Mining Incorporations. niNINQ STOCK REVIEW. Gold Hill Mining company Capital, 200,000 divided into $200,000, shares; Nos. 1, 2, 3, Hill claims Gold property, 5 in located 6, the and 4, Peepstone Utah presi- county; district, mining dent, Kent O. Keys; Ira H. Davisson; treasurer, L. J. Keys; secretary, J. L. Perkes. Brickyard Gold Mining company Capital, $1,000,000, divided into 250,000 shares; property, Brickyard group of six claims, located in Camp Floyd mining district; president, E. H. Airis; John Dern; treasurer, W. S. McCornick, who, with E. A. Wall and M. T. Gisbom, constitute the board of directors. Independence Gold Mining and Milling company Capital, $1,500,000, divided into 300,000 shares; property, Sun, Sunset, Gulch, Side, Fairview, Lost Sheep, Blowout and Cement claims, in Mercur district; president, C. C. W. II. Penrose; Snow; treasurer, J. R. Middlemiss; secretary, James Moffatt. New State Mining and Milling company Capital, $250,000, divided into 50,000 shares; property, Gold Spur, New State, Orfird and Hamilton claims, located in Ophir Mining district; presiJ. dent, James Veatch; H. Whalon; treasurer, Fred Simon; vice-preside- vice-preside- nt, nt, vice-preside- nt, vice-preside- secretary, R. nt, C. Gemmell. New Tear Gold Mining company Capital, $1,000,000, divided into 1,000,000 shares; property, London, New York and St. Louis groups of claims, located in the Mercur mining district; president, Abraham H. Cannon; A. W. Winberg, Jr.; secretary and vice-preside- treasurer, O. C. Beebe, who, nt, with George Q. Cannon, George M. Cannon, Lewis M. Cannon and Angus M. Cannon, constitute the board of directors. Golden Seal Mining company Capital, $2,500,000, divided into 250,000 shares; property, Seal and Maine group of claims in the Camp Floyd mining district; president, G. R. Bothwell; vice-preside- nt, Francis Hall; secretary and treasurer, Fred J. Leonard, who, with W. S. Hall and J. W. Mayne, constitute the board of directors. Straight Shot Gold Mining company Capital, $1,000,000, divided into 1,000,-00- 0 shares; property, Straight Shot claim, located in Piute county; president, G. W. Shores; vice-preside- P. nt, 5. Witcher; treasurer, E. secretary, E. E. Crooks. G. Rognon; Bonanza Gold Mining company Capital, $200,000, divided into 200,000 shares; property, Bonanza group of five claims, located in Camp Floyd district; president, C. F. Loofbourow; Moritz Bamberger; secretary and vice-preside- nt, treasurer, A. Hanauer, Jr. Gold Group Mining and Milling y Capital, $1,500,000, divided into 00,000 shares; property, eight claims In the Draper Mining district, Salt Lake com-pan- county; vice-preside- president, nt, urer, J. R. Thomas Kane. A. T. C. M. Lawrence; Hanson; treasMiddlemiss; secretary, mining men Who Travel Should 8ro W. B. LaVIELLE (MEMBER CDARAMTEE RAILROAD AMD STEAMSHIP TICKET BROKERS' ASSOCIATION) n Tickets to Jlining Camps and Outside Points. WALKER HOUSE TICKET OFFICE, 244 Main St., DNTAIN MINING REVIEW. Salt Lake City. Salt Lake Cty, Jan. 18. The total sales of listed shares on the Salt Lake Stock and Mining Exchange were 2300, against 2900 the previous week. The sales of unlisted stocks aggregated against 40,475 the previous week. The total transactions were 45,650, an increase of 5175 over the previous week. Geyser was listed during the week, the listing committee waiving examina43,-35- 0, n contion on account of the dition of the property. Mr. Stewart, the expert who examined the East Golden Gate, reported favorably, but owing to some informality in the application the stock has not been listed. Inquiry concerning the course required to be pursued in listing has been received from the Ogden Iron Mining and Manufacturing company. Mercur continued to lead in point of activity, sales being recorded at an advance of 40 cents over the previous week. Reports from the mine are that new and large ore bodies have been uncovered, carrying $20 to $30, and prospects are bright for continued dividends. Mammoth suffered a further decline, sales being made at $1.40, $1.42, in Spite of a renewal of the stories of strikes. The company is expending large sums on improvements, which will eventually increase the revenues. The first sale of Ontario was recorded on the Exchange at $8.95. Sales were reported at New York at $7.50 9.00. The talk of a dividend by this company is wholly without foundation, as it is not the policy of the management to push ore production to anything like the capacity of the mine at the present price of silver. The output is kept at a point sufficient to pay for extensive development work and improvements, and large ore bodies have been blocked out, ready for extraction as soon as the price of silver justifies. The completion of the drain tunnel and the utilization of the water for electric power and lighting have effected great economies in the operation of the mine. The directors of the Ajax company rescinded the recent assessment of 5 cents, owing to the improved condition of the mine and the inclination of the heavy holders to carry the company over any deficit that may arise. Bullion-Bec- k was held at $9, a shade lower than the previous week, but there "were no buyers. Silver King was in strong demand at $14.50, but there were no selling orders on the floor. This figure places the valuation of the mine at $2,175,000, wThich is a high price for a silver property under present conditions, but all reports indicate that the Silver King is well-know- worth it. Sioux Consolidated found no buyers at $2, which is an Indication that there are few investors on the lookout for snaps.' The Sioux is capitalized at 100,000 shares, about 70,000 being held by Farrell & Robinson. The mine is producing good ore, and is equipped with a fine new mill. The net profits for December are reported at $9250. Sunshine opened at $3.35 and closed at $3.46, but there are very few" shares on the market at any price. The management is not yet prepared to furnish a detailed statement of operations, 11 showing value of ore treated, percentage saved, etc. The mill has but about to its credit, and thirty days operation is now handling 50 to 60 tons per day. As soon as a decision is reached concerning some proposed changes in the method of handling the ore, the tank capacity will be increased to the full crushing capacity, which is 250 tons. The cyanides are cleaned up every ten days, and very direct information places the value of one shipment at $16 per pound, which is much richer than the Mercur product. Utah, Fish Springs, was sold at $1. This mine is being worked to a depth of 500 feet by horse-powe- r, the ore is 75 hauled miles by wagon and 150 miles by rail, and the company is paying regular dividends. A new hoist is contemplated. Of the unlisted stocks, Little Pittsburg took the lead, 31,500 shares changing hands at a slight recession. Natural Gas made a phenomenal spurt from 11 to 17, the public apparently being willing to gamble that the affairs of the company would soon take a turn for the better. At the special stockholders meeting last Saturday a new set of directors were placed in charge. This may bring about improved conditions, but those stockholders who have been clamoring for dividends are likely to be kept waiting for some time to come. Meanwhile the consumption is increasing, and is even now at times greater than the company can supply, so the stock is destined to go much higher. Dalton was sold at 9, and is likely to remain in the vicinity of present quotations for some time to come. The 6000 shares ordered sold by the directors will probably be placed in the hands of local brokers after the annual meeting is held on the 31st. Following were the closing quotations LISTED STOCKS. |