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Show lH brAsVA 10 wwwwf " r MINING REVIEW. INTER-MOUNTA- IN & Colorado railway. The demand for profitably panned. In some places the ledge Carson averages across its four feet of thickness, $1,200 such an article is great, it being extensively used in making a preparation for pipe, boiler in gold. and fireproof plastering. This is one DeLamar Nugget: Mr. Fisk, manager of the covering of the few existing deposits free from protoxide to this week railroad the I Big mine, shipped of iron. Shipments have been made east as far As to carload. enough sacks of ore complete a as Boston. shown by samples taken here the larger number Lode says that it is rumored of the sacks shipped will run close to $1,500 per The DeLamar ton. Development work continues to show up that the DeLaMar company is negotiating for and that better than was anticipated, and the shipments the Ash Springs in Pahranagat Valley, bs generated therefrom for from this on promise to pay more than the ex- electricity will hoists and mills. pense of development. The Gold Creek News is the title of a newsOhallis Messenger: Arrivals in this city this paper that has made its first appearance from week from Custer, refer in most flattering terms the projected town of Gold Creek, the center of to the progress of work in that locality and deoperations of the Gold Creek Mining Company clare the property of the Lucky Boy one of the which is building a large reservoir at Island at The in the country. output biggest things Mountain. Tho initial number announces its ad50 tons in a is and day, present averaging mission to be the placing of the resources and dition to the companys mill its ores are now opportunities of Nevada, generally, and of Gold The Black the proplant. being put through Creak, particularly, before the world, and in alhas now controlled the Boy by Lucky perty the first effort starts out well to do it. 0 $6,000,-00over is of ready been productive, it said, Pioche Record: Some of the residents of Nye worth of bullion, and as it has over two and going miles on the great vein which traverses the dis- county favor dividing the county up out of business. If divided, the county would trict, there is no reason why it should not con- fall principally to Lincoln, White Pine, Eureka, tinue to pour out its riches for many years to and Esmeralda counties; but Lincoln already come. has too much territory and too great a debt, Dave World: of Idaho Coughanour, Jr., and some of its southern residents favor a divison World the last called Thursday ion of the county and creating a new county Quartzburg, evening. He had some very fine samples of ore seat at Overton in the Muddy valley. The comfrom the Iowa mine, owned by Dave Coughaing legislature will have its attention directed nour, Sr. One of the specimens was very to this matter. rich in free gold, in the form of wires, and was vein four inches taken from a high-grad- e WYOMING. thick. The Iowa tunnel is 1,019 feet long. The first ledge struck was in a distance of 944 feet. Laramie Boomerang: Louis Miller, the suThis ledge varies from six inches to three fee; perintendent of the American Gold and Copper in width. After working ore for some time company, which has considerable property at from this ledge, Dave had a lingering doubt as the Cummings camp, returned this morning to its being the Iowa proper, and that doubt im- from Chicago. The company has decided to pelled him to push the tunnel ahead. After put in machinery and erect a five-to- n smelting e the feet first seventy-fivledge plant on their property during the coming year. beyond running he struck the Iowa ledge, which is an extension J. W. Myers of Salt Lake is reported to have of the Gold Hill. The ledge is twelve feet wide found the ledge in the Grand Enc iinpment disand all pay ore. It is worked from wall t wall trict, from which a boulder of white quartz and returns a profit of from two to three dol- weighing about five tons and running very lars a ton. It is crushed in the Iowa mill, in gold, came from. This boulder has The tunnel taps the high which is a been a landmark in Purgatory Gulch for years, ledge nearly COO feet deep, and by following but while its richness was known, all efforts to the ledge into the mountain a depth of 800 feet find the ledge had been fruitless. The vein will be attained. The ore carries a very large found by Mr. Myers is said to be an enormous a of of iron cent, good sulphurets grade. per identical in appearance and values the small cent, a in this base one, and of gold per Only the boulder. ore is obtained by the milling process. These with sulphurets are concentrated. The ore gives a The E. S Dean Company. Capital $1,000,000.00 profit of two to three dollars a ton without Full Paid. account sulbase ore. this The into taking Dividend paid to Salt Lake City depositors on phurets permeate the entire ledge, and one solid vein of it is two feet wide. The perma- $100 deposited August 15, 1896 on the Pyramid nency of the Iowa is proven by the depth at ing plan: $ 9.90 which it has been tapped, and the size of the Sept. 1st, Dividend paid 44 15.90 15th, ledge and grade of ore ranks it with the best 18.00 " gold mines of the State. The amount of ore Oct. 1st, 15.60 this mine will turn out from the tunnel level to 15th, 22 60 the surface is enormous. Mr. Coughanour will Nov. 1st, 44 17.82 mill over from Silmove his fine twenty-stam- p 15th, Owing to the Christmas season and the fact that orders for the English mint had been filled. tho price fluctuated and fell, and at the close was down to G5. Receipts at the New York as say office for the week amounted to only 51,000, the lowest week in two years. Shipments from New York December 12 to 23 inclusive totaled 2,539,000 ounces and 170,000 Mexican dollars. The following are the fluctuations for the week: Thursday Friday Saturday j . 4 4 ver Mountain next summer. Dec. A shipment has been sent to Salt Lake from the Lyndon mine in Comet district, and owned by the Frudenthal brothers. A remarkable deposit of silica, free from grit and almost absolutely pure, exists at a convenient point near Queens Station on the lino of st 21.57 105 . C5J 65J Monday Tuesday Wednesday, G5J G5 G5 Highest (covering a period of eleven years) Sl.lOJtfc., August 19, 1890. Lowest, 584C., March 3 and 5, 1S94. Lead. The metal records another advance of 15 cents owing to the action of refiners in keeping their stock off the market. Buyers were eager in the eastern market, in anticipation of a heavier consumption in the coming year, and for the same reason the holder stuck for an advance which came on Tuesday, when $2 90 was quoted. The average exchange price in New York for December was $3.04. RECORD PRICES. Highest (covering a period of eleven years) $5.25, in October and November, 1890. Lowest, $2.50, August 21, 189G. Ore and Bullion. The output of the mines was considerably curtailed owing to its being a holiday week, a number of the big producers having taken advantage of the season to close down the entire week for needed repairs to machinery, etc. The base bullion product is considerably heavier than in the previous week, the increase being credited to the Germania, whose output was $61,800. The Hanauer was making some repairs during the week and records a light product. ORE PURCHASES. McCornick & Co T. R. Jones & Co ( ommercial National Bank Bamberger & McMillan $34,150 22,700 8,2G0 16,114 S,000 National Bank of the Republic Total $89,224 Total for previous week 1 Decrease 09,34G 20,122 BASE BULLION PRODUCT. Hanauer Germania Pennsylvania Total Total for previous week Incr ease , $7,350 61,800 21,704 00,854 72,15G 18,G98 FINE PRODUCT. $1,100 McCornick cyanides . National Bank of the Republic, cyanides 4,000 & Co, . Total 5,5 Meetings. M. & M. Co.- - Stockholders. On Monday, January 4th, 1897, at 2 P. M.; G8 Morgan Gold South Main street. Syndicate M & M. Co. Friday, January 8th, 1897, at 121.39 McCornick Building. days has earned On $275 00 deposited Nov. 15th: Dec. 1st, dividend paid $29.70 Can such an investment be found elsewhere? Arnt you interested? If not you must be dead to your own interest, or else broke. Call on or write for information. Nos. 216-1- 7 Atlas Block, Salt Lake City, Utah. The E. S. Dean Company. In NEVADA. 1st, 05 RECORD PRICES. ten-stam- p. 44 Silver. I Stockholders. On 2 P. M. Room 20G Crown Point Mining Co Stockholders. On Tuesday, January 12, between 12 noon and Room 214 Atlas Block. Commercial Gold M. &M. Company. Stock, 6 p. M. holders. On Wednesday, January 20th, at 8 P M. No. 21 Atlas Block. Grant Gold Mining Company. 26,Stockholdat 4 P. M. ers annual. On Tuesday, January No. 6 South Main street. 24-2- |