Show fy f y fye kj t t i t at t S 1 14 1 i additional addition al mi mining e ning crosscutting big vein in lehi ground manager ge george orge nikoles nicholes states tl at he lie lias has crosscut the big emp re vein in ia the lehl lehi property tor for a distance of 35 feet without read ing the hanging wall the vein Is a mass of iron quartz and spar and looks more like the old gold blossom vein opened in this proper ty many years igo ago than that has been located there thero in recent years mr nicholes states that he will drive through to the hanging wall and then drift both north and south as he believes that it is on the hanging wall that the ore will be found the other drift dt the lehl lehi is thought to b be 11 about bout under the ore which a few M months ago was mas found in the upper workings A survey will be made and it if su such eh is the case a raise will be started for the purpose of connecting with the ore deposit car of eureka mines ore brings large sum officials of the eureka eurela mines co were more than pleased with the re turns from froin the last carload of ore received a few days ago from the car which carried about fifty tons the smelter returns totaled 3 which is better than 61 per ton the chief values were in s iver and lead it is said that another cir that is equally as rich has been broken down from the same ore di deposits posits and that Is will soon be finding its way to the market this ore is be ing taken from that part of the eu reka mines ground which is nearest to the gemini and conditions are so favorable that regular shipments are predicted those who have been in the underground workings of the property say that there are re reasons to believe that another bonanza is being opened up provo people were here for visit to the mines A party of fiovo and salt lake I 1 people were in eureka last saturday and sunday for the purpose of visit ing some of the mines of the dis triet in the eastern end of the dis trtat they paid a visit to the eureka J bullion property in fit which they were all interested in the party were mr and mrs airs II 11 C flicks N C hides flicks and john stewart all of pro vo mr and mrs J E bloomquist of salt lake and L r wilson man ma ager of the bingham lyler co ei bingham during their stay anth tic mr and mrs 11 C hicks foun time to spend several hours wit t mr and mrs john buhler at silve e city t local people attended mining engineers dinner dinnel among the local people who were at salt lake this week for the din ner of the A ame in e le lean a n institute of mining engineers engine er s a at which the pre eident of the 0 org ni flon philip N moore of st LG lia ii was the guest of honor were palter alter fitch sr walter fitch jr john 11 tal cecil fitch howard fitch ralph godbe thomas maslin G 11 II wig ton and 0 G W crane supt bupt celal fitch of the chief cons mine was a member of the special committee ap pointed to receive and entertain pre aident moore utah copper tax will be about five million heavy taxes will be paid this year bv the utah copper company of bingham as shown by the amount set aside for the first quarter of the J year the amount set aside was 1 or more than 5 11 for the year which makes an additional coff of copper of 3 10 jants ee ants a pound bringing the average cost of copper to 10 cents tor for the quarter as compared with 7 cents for tor the previous pevious quarter favorable prospects for of our country ib i loaning almost in conceivable sums to the different coul tries tt ti at make up the entente allies it should right now remone aize silver all europe would hail hall such an act as a signal blessing and approve it that would take make silver as it was for a century before it was demonetized s good as gold indeed the steadier metal of the two and would make easier the payment of the debt to us of the allies I 1 it should not be forgotten that when the world and especially our country needed more money than eier before for we e had a mighty interest bearing hearing debt to pay and a wilderness stretching all the way from the missouri river to the sier ra nevadas to subdue less than one hundred bankers in london and new york caused halt half the money earth to be converted into a corn com despite the mighty rein for cements of gold received some from cripple creek from goldfield from south africa and west aus aralia the loss has never been made good some enterprises 1 3 has faltered because of it our exports to the orl ort cut ent have been practically killed because of it tl e orient can sell us its prod lets at 60 per cent discount measured in gold and make its old profits 3 I 1 Yc hanges all around the world have been and still are con fused in point of tact fact that legisla tion has cost us more in money and the shrinkage of property values tl an an exi exl austave war would hate have cost us though we ue are loaning the world so many millions the tax I 1 ave been steadily annually paying to tle tl P national banks the interest on more than a thousand million of dollars on the old debt caused by the war of 1861 05 congress had better do now what the old world will either have to do or repudiate its debts fix things so that the poor of the old worldly ill davd a little backing of real money behind the paper promises to pay which will be all that they will have to use as money after the war and the governments and people of the earth should keep in mind that as gold and liver are the only two things krown to man exactly fitted for or money and at the same samo time are so scarce that the cupidity of man cannot create a surplus of 0 either av all they need is equal recognition to make them equal in value in the proportion pro portio 4 first established by th the itam iT wm 11 alii laed to the shareholders of the eagle blue jt losely on the heels of the one which le will w 11 be paid on june 1st follows jocosely bely on the heels of the one which was paid early in the present month giving tie tl e shareholders of the corn com pany a very pleasant surprise earn ings of the eagle for april amount ed to about and the mines record tor for may will no doubt be about the same |