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Show T RUT H mining Comment. This week showed a very considera- -' ble improvement in the mining stock I , market, especially in the dividend-pay- -' stocks, which i ing and more meritorious -i I are soon expected to pay dividends. have nearly curities of that character 15 to 30 per cent, and from :l advanced all ' t1 the impression that things have touched bottom for the present at least is strongly felt. :1 The more important incidents in the.1 mining world for the week are as follows: i The case of John M. Preshaw vs. J. W. Burnham et al., involving the of the John A. Logan and six 5 other mining claims in Weber county, '.'i was tried before Judge Rolapp in Og- -. den on Tuesday and Wednesday, and JX judgment was rendered in favor of the defendants, wno were represented by t Attorney W. R. Hutchinson of Salt Lake. For consideration of $25,000, John Rho. 4 den, for himself and associates, has Hf purchased 100,000 of the 107,000 issued y shares of the West End Mining Se-i.- t own-ersh- ip . : com-pan- of - : 'i Park City. M. W. Curtis of the Glencoe says the 41 property is opening up splendidly. Mr. Hicks of the Brooklyn mine . in Pine canyon, Park valley, has Just ar- rived in town on his way East. He says the upper tunnel is all in ore and that the lower tunnel, which has just started. Is now well under cover. Ibeen cabin, fourteen by thirty feet, is nearing completion and all the supplies for the winter have arrived on V the ground. Seven men are pushing the V 4 work as rapidly as possible and every-- . ,1 thing will be housed for the winter the expiration of another week. Mr. f'. ; Hicks expects to dlspcse of some of the treasury stock of the Brooklyn mine before returning to Salt Lake. The new Rambler copper mine in x Douglas Creek district, in Wyoming, i? becoming one of the big bonanzas of the country. For its stock $3500 a share has been offered, which would make the V n For thirty days ending October 3rd William Ochs, the Elk, the production of the Tonopah Mining while visiting his mining properties in companys property reached $102,493.61. Fremont county, Idaho, a few days ago, The New England-Uta- h Mining com- on which development wTork is being pany, which owns the Last Chance done, found thirty-fiv- e elks teeth in a group of claims at Bingham, has been drift seventy-fiv- e the surface. from feet incorporated at Doer, Dela., with a With the teeth was found the skeleton capital stock of $1,000,000. Don M. Dick- of an Indian and doubtless they had inson is the president of the company. een all burled together, it being a custen-cetom With a capital stock of $40,000, in among some tribes of the Indians to Gold Boston the shares, place elk teeth In the winding sheet Mining company has (been organized in this of their dead. The teeth were stained city to develop the Boston group of almost through and through with green three claims, situated in Park Valley copper from the presence of that metal district. Willard F. Smith Is president; in the burying place. They are both Edward T. Stewart, very handsome and very valuable, and William M. Clement, secretary and were looked upon with envious eyes by treasurer, and the other directors are R. members of the Elk lodge to whom Mr. E. Miller and C. B. Stewart. Ochs showed them. The deal by which P. A. H. Franklin and his associates become owners of a Woodbine Circle No. 41 will give a soportion of the property of the Uncle cial entertainment at the I. O. O. F. hall Sam Consolidated has been closed. The consideration was $300,000, of which on the evening of October 29th. A fine $250,000 goes to the Uncle Sam company musical programme has been arranged and $50,000 to David Evans and Jesse and refreshments will be served. Knight. This payment enables the Uncle Sam to pay its shareholders a dividend of 50 cents a share, and the comA bright friend told of a remark pany still owns the Uncle Sam claim and two contiguous fractions. The overheard coming out of church Sunclaims acquired by the Franklin syndi- day. A stranger said that the contributiocate are the Humbug, Cyrus, Oliver n-box habit made him think of the and Nevada Fraction cleims and 400,000 minister as a collector of eternal of the 500,000 shares of the Richmond-Anacond- a company, owning the Little Lion, Anaconda and Mountain View claims. A new vein has been cut in the Lower Mammoth. The Golden Eagle stockholders, at their annual meeting on Monday, elected the following-name- d officers: J. P. Megreath, president; J. W. Langley, and treasurer; S. O. Snyder, secretary, who, with E. W. Whitney, C. E. Hudson and E. D. Miller, comprise the directorate. A full breast of rich ore has been encountered In the Galena King at Stock-towell-know- t - 7 be-fo- re nt vice-preside- nt; ROBERTSON Collections and advertising a specialty. Expert Accountants, Notaries and Typewriters. Books ex pert ed and kept bytbe month. Incorporation papers drawn up to suit. All classes of insurance placed. We represent Delaware Incorporalors Trust Co. write us. Box 119. 44 Central Block, Salt Lake City. nrtOVJNT VERNON PURE RYE The Sadler Mercantile Co., United, 223-22- 5 FOR THE CURE OF DRUNKENNESS vice-preside- nt OPIUM, COCAINE, n. And All Drug Using, A group of fifty claims, gold and copper, at Ely, Nev., has been sold by Byron E. Shearer, J. A. Snedeker and E. L Giroux to St. Paul, Burlington and Au Claire capitalists for $500,000. The property will be managed by Mr. i from recent developments on the level of the Ajax arrived at the sampler Monday. It assays 113 ounces silver, 59 per cent lead and $7.44 gold per ton. The contract for a $20,000 sampler for the United State mine of Bingham and the Centennial Eureka of Tlntic has been let to Messrs. Jones .& Jacobs. The site for the sampler adjoins the smelter on the Jordan river. C. E. Allen takes the place of David Evans as a director of the Uncle Sam. Four carloads of ore came in from the Carisa on Monday, averaging $35 to the ton. CIGARETTE AND TOBACCO HABIT8. 164 E. First South St. 1000-fo- ot erty at Douglas Mountain, Wasatch county. The property of the Overland Mining company at Sunshine has been attached for debts amounting to $7000 owing to laborers. d A body of ore running $18 in gold has been encountered in the Trappers Pride property on the Fish Creek side of Gold Mountain. George T. Bridges is authority for the statement that a deal is on foot for the incorporation of a piomislng group of mine. claims west of the Bullion-Bec- k Now that the Postal Telegraph comThe Wolverine has let a contract for has won its case on appeal in the 500 feet of tunneling, and work is going pany Circuit Court of Appeals in San Franon satisfactorily. cisco against the Oregon Short Line Over 100 leasers are at work In the Railroad company and thereby made Tonopah district and will continue till the last link In its chain of right of way the end of the year, when the leases, the company will very soon begin the construction of its telegraph line, which which are all verbal, will expire. will connect Salt Lake with the rest of Samuel Newhouse after an Inspection the world by another telegraph line. of the Royal mine at Frisco, Is more Business men in Salt Lake and the publhan satisfied with the condition of the lic generally are delighted at the prosproperty, which has enormous quanti- pect of this city speedily having an imties of rich ore in sight. proved and cheaper telegraph service. W. J. Halloran and F. D. Clift have Judge Powers was the attorney for the purchased the holding of C. O. Newell Postal Telegraph company in the proin the Johnny mine at Stateline, con- tracted litigation to obtain the right of sisting of 70,000 shares. The considera- way. tion was $35,000, on a basis of $150,000 for the entire property. The management of the Galena King of Stockton reports five feet of ore in level, with the east drift off the good-size- 8. Main 8t., 80LE AGENTS: FOR UTAH. value of the property $3,500,000. A seven days run of the Dyer smelter Giroux. near Vernal last week resulted in the The first lot of silver and lead ore production of 108,000 pounds of copper bullion of fine grade. The Bromide Mining company is figuring on starting a smelter at its prop- UFIHKOSS. W. M. BROWN, Medical Director and Manager. Keeley Institute of Utah Lock Box 480. LYON & CO., Diamond Merchants and Manufacturing Jewelers. The Only Newfand Up-to-da- te Line of Diamonds, Novelties, Jewelry, Etc., Salt Lake City. in Will Occupy 143 Main Street by November 1st. IHKOEfillEBIR.j, Lessee and Manager 850-fo- ot everything indicating a larger body ahead. John C. Stilwell. postmaster of Alta, who came in from that camp Wednesday, reports mining operations as exceedingly lively In that region. P. T. Farnsworth and Allan C. Washington have filed in the Federal court their answer to the suit brought against them by G. Phelps Stokes and others to recover about $300,000. All the material allegations of the complaint are denied. CO., PUBLIC ACCOUNTANTS. c- - ; & ' Qffrcein Deseret INCORPORATED National Bank'BuiltliQd.vfiVf Capital $78,000.00. Telephone 142. 3 iwijw cirtfftAH. of |
