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Show MIMS AND MINING 'Tho now smelter nt Ogdcn Is running run-ning -smoothly and In handling a goodly good-ly quantity f oro. During tho week fast a total of 230,-505 230,-505 shares of Btock, with a selling valiio of $20G,GG4.55, changed hands on tho Salt Lake mining stock exchange. ex-change. At tho Boulder group of claims near Idaho City, Idaho, a force of 'twenty men has been nt work since Inst July, !ut (lils number will bo Increased to fifty the coming season. What Is believed to bo an ontlrcly now vein has Just been opened In tho properties of tho Mason Vnlley Mines :ompnny nt Yerlngton, assays Bhowlng tho oro to run 11.8 per cent copper. Arrangements nre about completed for tho adjustment ot tho Raven Mining Min-ing company's affairs. Directors havo voted to ask for authority to Increaso Iho capital from 500,000 to 1,000,000 shares at $1 each. Machinery for a dredgo at JackRab-I JackRab-I bit Springs, Wyo will bo Installod as I soon n b tho weather will permit on tho placer ground, which Is 12G acres in extent and of an averago thickness of five feet. Tho sand runs 50 cents a ynrd in gold. Dennis Ryan, ono of the four owners own-ers of tho Horn Silver mine at FrlBco, Beaver county, who elenned up a for-tuno for-tuno In tho ground in tho early days nnd then sold tho property for $5,000,- 000, Is out from St. Paul looking after Interests which he still retains In this section. Tho recent copper discoveries cast of Monroe, Utah, In whnt is known ns Main canyon, Is causing a lot of talk among mining men. Somo very rich oro has been taken out and nt present tho Indication nro qulto favorable. favor-able. Tho locntors aro making an effort ef-fort to begin tho development of somo of tho properties. Tho raise at tho Ely Witch has been completed nnd will hereafter be used as tho main working shaft of tho mine. Tho rniso Is from the Witch tunnel and tho dlstanco from tho tunnel to tho surfaco is 2G0 feet. A well is being driven by tho churn drill In front of tho mlno bonrdlng houso to supply tho minors with water. Considerable Interest is being manifested mani-fested in and around Koosharcm, "Wayno county, Utah, over tho discovery discov-ery of somo very rich ore which had been exposed In tho roots ot trcos pulled up for wood. ThlB Is the third tlmo that good oro has been found In this manner, and this tlmo an Investigation Investi-gation is being made. Tho Pittsburg Sliver Peak Consolidated Consoli-dated has a forco of 250 men nt work on tho new 100-stamp mill nt Silver Peak, Nov. Nenrly all of the machinery machin-ery Is on tho ground, and It Is calculated calcu-lated that tho mill will bo in commission commis-sion by mid-summer. A Jargo forco of miners Is employed In the mine, blocking block-ing out ore. For forty-flvo tons of ore from Its Idaho properties tho Welmer Mining company last week pulled down a check from tho smelting company for $2,711.67. Tho control assays gave tho copper contents of tho rock at 16.31 per cent. This Is the twelfth carload shipped since last November, when tho Initial lot hit tho market. Tho governing Board of tho Salt 1. ako mining exchangu has posted an important notice. In effect, It Is that any broker found cutting commissions, or accepting any commission usido from tho nmount fixed by exchange rules, will bo flood $100 and suspended for ninety days for tho ilrst olTonso; for the second offense, ho will bo lined $200 and suspended for six months; and for the third offense ho will bo excluded from tho oxchango without the privilege ot re-election, Owners of tho Kindergarten claims In the Seven Troughs district, Nevada, report the performances ot tho mines as being sensational, high-grade gold ares being the characteristics, and tho high k do values running up us high as $2S0O per ton. Recent developments In tho Aura King mine, east of Tuscarora, Nov., havo disclosed a vein about four feet wide, carrying gold values all through, but most importuiit is a twenty-Inch streak of high grade stuff, carrying ?'J5p in gold per ton. Among tho latest enterprises or tho hustling young camp or Wonder, Nevada, Ne-vada, is the organization or a movement move-ment among the stock brokers to hold .Informal meetings daily at each other's oinces and, when tho tlmo Is ripe, open a stock exchange. While waiting for the gasoline hoist and other equipment to arrive upon the lleavor county property of the Utah and New York Copper company, tho management Is doing somo Investigating Inves-tigating upon the lower levels of tho property, where work was done somo tlmo ago. Ageuts for the Oiiggenholins aro said to bo bidding on the Boston curb for large blocks or (Jlroux Consolidated Consoli-dated stock nt around $9 for control, (engineers for tho (luggenholms aro now examining tho proportion at Ely camp. Nevada, and It Is oxpectod to report shortly. Tho Silver peak Valcalda, at Silver Peak, Nov., Is pushing construction work on Its now ten-stamp mill. All tho machinery has been received, and It there Is no unexpected delay, tho stamps will bo dropping litBldo or ninety nine-ty days. Development work la pro-grossing pro-grossing ns usual In tho mine. |
