OCR Text |
Show OIL EXCHANOE ELECTION. Old Board Continued at tho Head of the Institution The annual meeting of the Intermoun-tain Intermoun-tain Oil Product an l1 Stock 1 xchange wns held nt the office of the exthange Ststertlty afternoon sixteen out of the twents sevtn ahnrrs were represented repre-sented In person and bs I rox The oi 1 Honnl of Directors were re-elec re-elec ed with the exception of M Diugh trt who retired his 1 luce being Idled by 11 M Dukes leaving tht board n follows l'errs S Heath W I Roberts Mln I oungbrg M chapman S 1. Hoggi I c Trtintl 11 r Mason r 1, Onrdner and II M Dukts v. motion wns rnrrlel authorising the establishment es-tablishment of an oil an 1 hsdro cirbon exhlhlllin In rnit 1 uke City and call Ing on all persons nnd lompnnles In the Inlermountiln oil Hells Interested In theee tirntiietn to nenil In thrlt oshlhlts and nil In linking the exhibition the mi si rerftct In the Putted States Six new members were admitted to the exchange as follows Nelson J llurscl, 1 rank I' I'lunimei frank M ltole Tdwln lidyl.B 11 1" Carter nnd Trunk V Kennedy The offlcera of the exchange nre to be elected by the llotrd of Dlteetors nt tlteli next meeting which will not tnke 1 hue until nflel the 1ulh of thin month owlpg ti Hit nl fi. 111 1' of seveial of tho directors fiom Ihe ilts until that dnte Tho De La Mar Trade Tho Hrst lutlmallnn of what the ox-nmlnnllnn ox-nmlnnllnn nf De Ii Mar's Nevadt mines un ler the nllon Involving up proxlmnltls $1 Don 000 Is to r suit In reiched Mr Simon Bimberger sester diy on the mrlv il of one of the corps of ex erts lo whli h he hnsapptaled for a vcilllcallon if conditions at the hon aii7a with whlcli lie has for some time bet n tnnvcrtnnt Mure the nirlval of Ihe exi erta tin Ihe (.rourd another strike has been iccorded ut the mine nn 1 commenting nn It Mr llimberger sis he has no doubt (hit the findings will sustain all that Ins been t lilme I fir the 1 ro erts The exi ert leport suhmlltel tho llrst payment on the un dtrlnklng will follow In Jills tho 10-inainder 10-inainder to hi discharged it Intervals until the entire sum lebehes the vendor. Revising the Rules It wns leinetl last night thnt the governing ho ml of the Salt Lake mln Ingexrhinge hnt n. committee at work on a rev Isl in nf the rules hs whit h tho bids Is governed nnd tint sime vers radical changes nm unler con sldentlnn It is sil 1 ihit one of these olnni,es rontemplales the reo.ulrement nf a hon I at the hnn Is nf enrh broker as n guarantee tint everv an 1 all con tracts shall be execute 1 while nnnthei rcluei tn futures The rci on is be Ing malted with consider ible Interest Oil Exhibit nt Opden The nil men of Southtrn California nie soon In open a hsdro carbon and petroleum exhibition nt ridden near the Union l)iot there nt 11 cost of JJSflO lu which to plnro the exhibit the Inten Hon being in attract the alttntlon of transcontinental tnurlsi who may ho waning fnr the trnln nt tho Junction cits Mining Notex The Cnnklln so nil ler reported seven cars of ore rrom Tlnlle veslenlis Messrs llallnrnn mid Iloolev left for the Jihiui) of Stniellne li.i nlghi Jour enrs of Innkee 1 nnsoll liied ore vvtre received sei rdai at Ihe smelter The rk nf Hliikhim inirkeiel nn other lot of silver nn I len 1 nie yeierd iv Superlnlen lent John Klrhi of tho Daly West has returned 10 the bonanza itfier a few hours In town Mnmger ! vs of the Sampson opened the week with two rnrloids of nro from the conins s HIiiEli im properly The m-inigcment of the South Swansea of Itnilo drew down the 1 roceeds of five more eirlonds of ore sesurdas The dtys reielits nt tho 1 lylir JL Hriinlon satnl lor consisted of six cars of oro fiom llnilc an I three from ning- rhe loading nf nnothrr lot of nre Is go Ing 4ia at Ihe Sioux I lah unler the SI'S, i.w option runiiliik In fivor of J A I'll derwond of (he t arlsa rresileiit II I en Is of Ihe Majestic itniorlnl nnl other nton sltt n on tho Heaver cupper in I goi I he It lias reiurnt 1 after a vlell to I nllfnrnl I letler from Samuel Newhnuse Indl cites his return t Inn the present month wllh d thill, Infonnntl n on the irenking of grain J for llu c ictus enn-lentrator enn-lentrator It Is unth rstond thnt Mnnigfr J 1, llamlerker of He Ililv Wem his abati dnned Ids vovngt to l'uri t nnd Ihit he will return h ime the last of the 1 resent month 10 participate in the cl tsing of tin big oitlm on He la Mars Nevndn gol I mints 1 resit. nt 1 I White and Malinger Duneiti Mcl hi, of Hit IllnUinm (Via are In Deiivn (In Inner tn n turn th. last of th. wek the former to rontlnii to Hoton where a meeting of the board of dlnctors will tike ilnce lh. Chnkmnteol Willow Strings Idi Is ngnla sending Its oris and lonitt, train, to lh. snulttrs or (his vallny th cru le i tea shnnlug a v ittntlon of nbiitt S'o gold 1 er ton and the toncentrates St. I he gold bullion 1 r whl h the mill Is ulo 1 rohicthe gota direct to the 1 astern rt-liners rt-liners Hears Horntliwir of (hr big Hostnn brokerage house which heirs his mm, Is in town again on his wis to tllow stone pork where hi will tarrs durlni. a part of the season Mr 11 rnhlcw.r Is lnrgelv Interested In the Hlngham Con with which he has Icon Identified fnr mans sears 1 hhorller one of Hit experts bs whom the Hold Un 1 Is group f gol 1 mines ut of ningmin ltl was re. mtlv lass d liptu his nrrtved fiim the soitthftn cotmtrv in his was .ait lit Is m ,m innlel bs reitresentatlve of tie r n m h snl Swiss upltallsts hs vvh 11, an Int. r est In the prt liens wns retentls iuo.ulr.il |