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Show I The MarKet and the Miners, If the mining stock market had been inflated its irregular course during the past week might indicate a general slump, but in view of the fact that there has been no inflation the variable and unsettled conditions on the board are much more likely to be symptoms of a higher level of prices. A study of the figures for the week ending end-ing Wednesday night reveals some curious contrasts. con-trasts. The number of shares handled on the exchange has declined while the aggregate financial finan-cial transactions have increased owing to the movement of the higher priced mining securities. In the meantime the ore and bullion settlements have rolled up a material gain, culminating on Wednesday with the payment of $154,300. The index numbers on stocks show that ten of the most active shares have, on an average, made appreciable gains in value. One share of each could have been bought at the beginning of the week for $19.50, and at the close the price was $20.27. May Day advanced from 96 to 10J; Little Chief from iss to 2y4; Wabash from $1.70 to $1.80; Daly-West from $14.25 to $15. Lower Mammoth Mam-moth declined from 30 to 294 cents, Uncle Sam from 38 to 37 J2 5 Silver Shield from 20 to 18; Columbus Consolidated from $2 to $1.98, and Sacramento Sac-ramento from 9 to 9 New York stood in its tracks at 4354. The entrance of the higher priced shares into the calculations of the buyers is an encouraging sign, inasmuch as it indicates the entrance of larger units of capital to the field. The shares sold during the week numbered 129,679, and the price paid was $37,462.64. Ore and bullion set tlements during the same period amounted to $543,700. BINGHAM. I It is insistently asserted that Samuel New-house New-house will give up the Pelican Point site and put his Bostonia mill on the south shore of Salt lake next to the Utah Copper company plant, The chief engineer of the American Smelting & Refining company is here preparing to start work on the $2,000,000 copper smelter by the lake. Ohio Copper company is about to sink on the All's Well fissure to the 500 level. Silver Shield's mill is to be erected about 500 feet from the mouth of the tunnel. The management is still experimenting with processes. The west drift from the main tunnel of the Dalton & Lark has recovered the vein which recently faulted. It maintains its width of seven feet. Bingham Consolidated Con-solidated is taking out 300 tons a day. It is operating oper-ating thirteen tunnels, nine in porphyry and the rest in lime. PARK CITY. Since the discovery of a twenty-inch vein running run-ning 80 ounces silver and 18 per cent lead on the Odin, the owners have incorporated the Odin Mining company, with W. I. Snyder as president. Net income of the Daly-West for July was $52,736.52, or $16,597.36 above the sum set aside for the payment of dividends. New hoisting plant on the American Flag is scheduled to go into j commission the last of this week. Daly-Judge mill will be running within sixty days. West Quincy's strike now shows from twelve inches to three feet of pay ore. Directors of the company have decided to resume work on the Little Bellj There are still persistent rumors of good results in the Wabash, but the management has not altered al-tered its policy of secrecy.- BEAVER COUNTY. In the Skylark in Beaver Lake district a vein twenty-one feet wide has been uncovered at a depth of 115 feet. It is said to be rich in copper and iron, the latter a red oxide. The incline from the 400 level of the Harrington-Hickory of the Majestic company is now incased in a. body of lead carbonates and silver chloride richer than anything previously found in the property. The hanging wall is not yet exposed. In the Old Hickory a drift is being run on the 300 level to tap the black iron deposits, and' the shaft is being put down in the granite-lime contact. Black Rock Copper company is entering a strong body of copper-iron ore in the contact. Wasatch King is being developed with three shafts and a tunnel, the latter in 400 feet. ALTA. Continental Alta will put in a plant to save the molybdenum of which about five tons have been lost on every 100 tons of ore mined. The mineral is worth $2.75 a pound. Interest is reviving re-viving in the plan to run a tunnel underneath the camp at 500 feet depth to drain the mines and disclose the formation. Such a tunnel would have to be but 4,700 feet long. Ore haulers have advanced their rates 25 cents a ton, and the transportation trans-portation question is very acute. From a shipment ship-ment of ore from the new strike in Columbus the smelters will extract 100 ounces silver, 8.1 per cent copper, 5 per cent lead. A shipment of 273 tons brought in nearly $22,000 last week. ALL OVER UTAH. Consolidated Mercur has declared another dividend of 2 cents a share. In the La Sals the gold strike on the Aspen group is becoming quite productive, and some very rich ore is being taken from the Tornado tunnel. The Gold Basin cyanide mill will be started about the first of October. The Hancock jig recently given a trial at the Newhouse mill has gone out of commission and will probably be discarded. In Box Elder canyon, a branch of American Fork canyon, a ledge has been opened that is said on good authority to carry 10 per cent copper cop-per and to be twenty feet in width. May Day at Tintic, which has been closed down to await the completion of a pipe line, has resumed work. In the face of an old tunnel on the Mike Gomery property near Homnasville has been found an ore body running 30 ounces silver and 8 per cent lead. From the Jukes property in Millard county, south of Kanosh, 300 tons of ore rich in galena and iron, have been sold. Further production will continue by way of Black Rock station. The Holland and Deer Park properties at Gold Mountain have been consolidated, and the ore revealed in the 3,000-foot tunnel will be extracted at once. The concentrating plant of the Ophir-Hill in i Ophir canyon will be doubled in size and used 1 ! IhHh to work over the dumps left in former days until ' j IwWl the pending litigation is settled. jSjfljfl In the Silver Glance at American Fork has j , jS9 been shown to contain a four-foot lode which HRHB will return as much as 160 ounces silver and 72 ' SHD per cent lead. And the mineral seems to be in ' SoRM place in a true fissure vein. i ' BfflB A party has gone to Silver Islet mountain to ( jnBB push work on the Carrie Mack, which has been 1 HjHjl explored with a 100-foot shaft sunk on a rich , 9fl9 but narrow streak of silver-lead ore. A drift BH will now be stp' ted. 'flfl Carbonate Hill in Morgan county is ready j flHj to ship five carloads to the Union Pacific and ( 8H thence to the smelters. The product is enriched , j 99 with 56 per cent lead and 15 ounces silver. j flH |