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Show I llB rAe Market and the Mines ypiliuH 1 Mr. Aladdin was quite a lucky youth In his day v -: wfBH anrt duutleas his performances with his lamp V' ' lliffill 1 wore doscribed under scare heads by the daily 1 ' iiaHfl 1 papers of Bagdad. But that was a long time 1 '"iu9n! ag0 ant1 ,f ,ljfl(ldy were doing business today, 2 lnHi)i nis lanip story would probably be chucked away IP HHr 111 tnc "Locnl Brevities." As a got rich quick 'i HKB scheme, his lamp stunt is commonplace com- " 'I 9hH1 pared with achievements of the modern Aladdlns, . '; HHKj wno win their desires by rubbing the mining i ll HHB stock market the right way. The feat has been flHBB successfully perlonned lit.tha. psst -wcek by not ' .'lElH " 'ow Salt oke operators. A well known Tin- 'IRH "line manager is credited with having' cleaned ' - ;;f I HjH P through a deal, in the. stock of the IhBB lewhouse Minos & Smelters corporation, This" ;! IjjHnRj vlly to believe since Uie stock has risen at ''llwBffl Vm,n(1 fr001 $7 to oA the New tfork curb. ' IIIhV ' T,le Je lf there is any joke about it, seems ''liilHSIl t0 ')0 on. tne -iiiggenheim family.. The smelter hUm r'ien' Jt w111 e remembered, had a good chance, SjUHj a :year ago, to effect a consolidation of their 'tlfflSB' tythh Copper company with Boston Con. and the w Hall rJdwhouse corporation. The latter's property was ffiflH as KiV(M1 uut scant consideration; rather it iTiHIMl tnrown In as a thirteenth loaf for good HUH men sure. The Guggenheims held out for a di- jfflHBf vision of the consolidated stock that would recog- -'atHBf n,z 1 ,al1 C oni,er as wort more than both of the PmBH1 other properties. Consequently the deal fell ' TtHfiG through. If the negotiations are renewed, it is flloH more than likely that the Newhouse company i flrlflH insl8t on commS in on equal terms with. HPtHB tvv 0lngnum concerns, for it has grown won- IIiIhI dorfully In the past few months, f jjl Newhouse Mines &' Smelters Is known locally ill IISHs lWM tlie "CnctU9 " Tlie discoveries of new ore if' iBBj bodies, which practically constitute a new minejty ! fliB addition to the old one, hnve been mentioned on I tflfflMr tIls ,)aKe and if on,y 'miinins tcr thal's'u'b- ' ! IBmBH' quent explorations have magnified the import- fltfSlfflpj ance ol the late finds. The ore has been cross- 'J$Hh cut on t,le fourth level lTo feet, on the fifth I'll flHI 225 ft, 0,1 the .sixth 40 feet and in no instance .'iW Hj has the limit been readied. Vertically the shoot Jjj nafe ,), (n t,,aoed li-r.9 feet below the sixth level" 'ijfl MB witn :' diamenrt drill. All of thi& immense ore $jm ImK body, says Mr. Newhouse, is first class milling ore jflHsiiK worth fully 100 per cent more than the ore In 1 ll8B From present indications the so-called "cheap infill stocks" will soon vanish altogether from the ijjiHB local market. All of those so classified in the OH im8t 511 6 grndunting iuto the medium-priced JH grade. Little Orlef started the moyement, Scot- j ,vHB tlsh Chief followed, Victor Con. has hit the same !9HB trn11 au(1 Silver Shield. Is alread well up. It began before the last issue of Goodwin's wad off the press. Explanations came later. It wa3 said that the strong vein of copper, lead and silver entered on the S00 level some days before, had reappeared on the 500 with 20 inches already al-ready exposed. This evidence of the Volume of the ore body, coupled with the imminent shipment of the first car of ore sent the price soaring frpm 7 to 20 cents. Profit taking caused a slight reaction, reac-tion, but the probability of a return to tho "cheapW - class is very remote. . . & & The ascension of Victor Con, from 7 1-4 to a double figure is due more to tho boom in chfcap stocks than to a change in it own prospects, of thoughYae levy of a 1 1-2 cent assessment for the prosecution of active development had a bullish intlHen,ce. A starting rise in price was- the first intimation of a strike on Silver Shield a pretty good bit of evidence that the management of the rnjnq ist not above usiijg pfilcial information for speculative purposes at the expense of the stockholders. stock-holders. Even at this writing those who have a right to know are kept in ignorance of the true conditions underground. Without tlie least animus ani-mus against tho gentlemen who are operating Silver Shield tho suggestion is made that this stock is a good thing for tho outside investor to let alone until a different policy is adopted. v St An assessment of 1 cent on Little Chief has proved a stimulant, the buyers taking it for granted grant-ed that the sooner money is raised to install machinery ma-chinery and sink the shaft the sooner the mine . will become a shipper and a dividend payer. Wa bash shareholders have been touched up to tho -tune of 10 cents' a share and a 2 cent assessment . has been levied on Tetro. & & M6st of the active stocks have profited by the strong upward trend of prices regardless of theii; individual performances. Carisa is one of the most fortunate. There is nothing very new at the mine. -The pay rock on the 300 level is all of 20 feet wide and haste is being made to tap the deposit on four lower levels. Columbus Con. is sharing in the general prosperity and Yankee Con. has been active at advancing prices. St The air of Tintic camp Is charged with rumors, - tho most interesting being those Which deal with ;" the designs of Samuel Newhouse and P, Augustus Ileinze. These gentlemen are said to be con: templating the requisition of -Ahnandale, Apex, - Emerald, Grand Central, Victoria and other smaller small-er properties and their consolidation with the Eagle & Blue Bell., already a Heinze holding. Thus . far the- evidence, while conveying the presnmp- (Contlnuodon pago 17) ' (Continued from Pago 12) tlon of guilt; is wholly circumstantial. There is " much better authority for the statement that the railroads are going to make a cut of 25 cents in the charges for -hauling low grade ores from Tintic. The reduction applies to rock worth less than $25 a ton. j& Attention has been attracted to Deep Creek by the showing on the property of the Monett company com-pany in Clifton district. Very rich ore is being taken from the shaft at a depth of 70 feet where the vein is five feet wide. At Park City the Daly-West is getting well into the Little Bell extension, ex-tension, and admits the development of a four-foot four-foot vein. Daly-Judge is believed to have earned $45,000 net in September and the stockholders are confidently talking of a 40 cent dividend for the first quarter of the new year. t While everyone knew that Con. Mercur was suffering from a coal famine no one suspected that -it would be driven to the extremity of using its motor house and sawmiu for fuel. At any rate these buildings were burned Tuesday and a loss J of $8,000 sustained. The motors were damaged to such an extent that it was necessary to shut down the mine. A week during which 577,755 shares of a value of $232,140.05 passed over the counter, ended Wednesday with a reaction from the high prices of the previous five days. This reaction was not so great as to do any hai'm and is principally attributable at-tributable to profit taking. Ore bullion settlements keep pace with the market rolling up this week . the healthy total of $787,G00. Of the leading issues Carisa closed at 55, 2 cents off from the opening price of the week. Lower Mammoth at 73 was off 4 cents; May Day, up 1 cent at 15; Beck Tunnel Tun-nel off 15 cents at $1; Little Chief up 2 1-2 at 15 1-2; New York, off 1 at 27; Scottish Chief, off 4 at 16; Victor Con. up 2 1-4 at 9 1-2; Columbus Colum-bus Con., at $7.40 a dollar ten to the good and South Columbus down 3 cents at 51. Silver Shield opened at 11 1-2 and closed at 18. Yankee went from 39 1-2 to 48 1-2. Daly-Judge, Colorado Mining and Uncle Sam closed the week at the opening prices, $11.12 1-2, 79 and 40. A small block of Little Bell changed hands at $7.75 and Silver King established a new low record with one sale at $22.50. The Nevadas were almost entirely ignored. Stray Dog at 50, Montgomery Mountain at 48 1-2 and Nevada Hills at $2.97 1-2 J indicate that the quick buyer has a chance to get in on the ground floor. ? Liquidation on the Boston market has a tendency ten-dency to keep prices down and the effect has been to make Utah coppers very quiet. United States and Utah Con. held their own. A New York court has ruled that an express company is bound tp heed the injunction "This Side Up; Handle With Care" on packages. This leads to the hope tliat Uncle Sam may yet bo compelled to rush a letter that bears the injunc- tion in the lower left hand corner: "in hast." ,A big deal in ' Eagle's Nest Fairview was turned at Goldfield the other day, George Wing-flold Wing-flold being pn the purchasing end to the extent of a hundred thousand shares. Mr. Wingfield is owner of the Fairview Eagle ground, and his men In exploring his own ground ran Intp a ver large bedy of ore in Eagle's Nest territory, whlcL adjoins the Fairview Eagle. How great the discovery dis-covery is has not been made known, but we take it from the action of Mr. Wingfield that it Is of more than passing importance, even in the land of gold, whore startling strikes have become commonplace com-monplace events. ' |