Show 1 1 H t j l i I D I I 1 I 1 j I j H 1 I 1 1 I 1 1 H I 1 H I 1 mining Mat matters H i Z MS H H H i v interested IN GOLD HILL LEASE leahe dave 0 scott the coal man and drayman returned to the park the first of the week from a seven weeks stay in gold hill where he Is interested in a mining lease with one ot of the foreman foramen hoys boys mr scott says he Is ot of the opinion he and his partner jartner have i good thing it Is going to take some time to do the necess necessary oxy development works work but the promising prospect justifies it and work willbo will bo pushed as fast as limited means will permit mr scott intends putting in as much of his time as possible until preliminary work Is finished W I 1 chirles MOORE BONANZA MIM MIMS S the denver mining and financial record says with the new compressor and machine drills installed at the aurora dinesmore min mines esmore more rapid headway will be made bonanza mines miner of which charles moore of park city utah Is the head is reported to have a five year bond and lease on the aurora property located in I 1 old mexico the price is reported to be pesos apesos or moore it Is reported paid down when he took over th the property and it Is stated that his obligation Is to pay every six months until the full purchase Is paid the length of the aurora claim Is 1650 feet the incline shaft of the aurora Is located about feet north of the south tianne of the property this leaves about 1500 feet to work on the vein toward the north the underground workings around the aurora shaft are mostly in mining milland ore running from to grams in silver per ton the ore also con balna several ral per cent of lead they occasionally encounter pockets of rich ore are several parallel veins have been opened up but the main vein being the richest one Is the one on which the management has decided to do most of its exploration work the ore values in this vein are increasing toward the north the ore becoming more solid the farther north they go and it is from this vein that the management is extracting the rich suver sliver lead ores aaa hat they are shipping direct to the smelters shelters sm elters the drift on this vein has row been extended about feet to the rrth from the aurora shaft milling ore shipped from the aurora mines alp ilp es during a lecent period of 30 days gave a total net return that ner lod loci of over ever after paying freight ind treatment charges this does not 1 include c ude tro fe alter liquidations on high glide ores it Is reported that monthly pirating expense while doing develop mcp iner work la Is approximately 2000 00 at his rate they tare are earning substantial monthly while developing the mirke mine assay certificates recently show lat hat the value ot of the milling ores has arci eased these recent assays essays showing values of 0 from boo grams ot of silver per ton mott most of the assays essays running from grams and up and the high grade ore samples 91 gave ave returns ot of grams and grams grama ot of silver per ton this would show values ot of from 00 to aioo i 00 per ton in silver and lend lead TUB SILVER MINERS RUBS BREADTH ESCAPE it if you live in the par far bests silver mining country in nevada idaho utah or colorado if you own any stocks in american canadian or mexican silver I 1 mines write a letter to the governors of the federal reserve bank and thank them tor for saving your financial from the golden knife ot of the hindu it was a narrow squeak even though you may mal have been wholly unconscious i of the danger I 1 I 1 india in common with the rest ot of ah the virld became a victim ot of the price collapse ca 1 I in 1821 1 and blamed it on its morle mone alary tary system luat just as aa ua did our farmers tm er at home the deflation policy of the federal reserve system got the blame in india they made their stiver silver money the goat and decided to bacil fice it by adopting the lull full gold standard to do this the indian government proposed to sell ounces of its silver stock and herrow borrow about in gold cold from america the proposal was subunit submitted to the I 1 90 governors of the federal reserve system who promptly and emphatically turned it down they pointed out that the annual horld production of silver was only ounces that the dumping ot of three times this quantity ot of silver by the indian government would cause the silver price to slump disastrously and most of the silver mines to go broke As aa tor for the gold loan they said the american gold stock was needed tor for Eu ropes financial reconstruction and no part ot of it could be spared for indias andias huge stocking hoard in which a hundred million dollars worth osgold of gold disappears annually and so indio india still has the silver and our silver miners may continue to work without fear of a sudden sliver silver flood from the land of kint november SUNSET conspiracy AND FRAUD CHARGED with allegations ot of conspiracy and fraud the glenallen glenellen Gle nallen mining company through J H devine J A howell A W agee and M H attorneys last saturday instituted suit in the fourth district court of wasatch county to regain possession ot of mining property reputed to have value ot of from to defendants named in the action are the park galena mining company alleged to have been formed to operate the glenallen glenellen Gle nallen mining companas comp anys property after the change of control william ande anderson son joseph F featherstone helena L K X Good goodard rd joseph bird sr and the mori mon lson ison merrall co salt lake lumber lumbar dealers the complaint sets forth that the glenallen glenellen Gle nallen mining company is a corporation of the state of utah with a 06 capitalization of and owned valuable mining property in wasatch county in what is known as the blue ledge mining district other properties said mohave been held by the compa compan ylare the north side no 3 glencoe sofia fourth of july no 5 golden age no 2 fourth of july no 2 golden age silver age sultan J H G C estella rising star and mazeppa the lode of the hercules group and the lode known as gladstone ftp george and others encouraging THE MIXING MINING INDUSTRY tre he have recently been cnown correspondence r esponde nce passing between the sacramento bee bea and a mining engineer of good repute who applied for advertising rates on a small want advertisement seeking a representative to place a mining issue the applicant was informed that the price was so and so it if the advertisement verti did not offer a mining stock for sale that it was the rule of the publication not to accept such rh matter atter but that anything else would go replying to the letter the applicant pointed out that mining which necessarily involves the sale of mining stock had created the state of california built the first railroad to civilization and still continues to create wealth such as no other state in the union enjoys he added that the attitude of such publications was driving capital to other states to the everlasting detriment of home industry whether or not his advertisement verti secured peace in the bee bees a chemically pure columns columbis we do not know mail alid anyway it has nothing to do with the argument we desire to point out the disIo alty and sheer idiocy of a publication that assumes such attitude toward the great mining industry Is warty wonder that Califor california rila lags in the march of western states back to mining prosperity in the capital of the state under the shadows of the state capitol in a city within li hailing alling distance of marshalls marchalls Mar epochal discovery and created by the influx that came with the call of 49 Is a newspaper small enough unpatriotic enough and senseless enough to classify all mining stock advertising as dishonest mark the publication well the sacramento bee edited by john mcclatchy Clat chy of progressive fame southwest mining news service STOCK SALES FOR I OR WEEK SATURDAY 0 park bingham at 19 and abc park utah 20 at silver king coalition at find and MONDAY park bingham 1000 at park utah at 5 60 TUESDAY park bangham 1000 at C silver king coalition at WEDNESDAY Park Utah at 5 55 and 5 50 silver king coalition at THURSDAY silver king coalition 1200 at al and id CROSSCUTS application tor for reinstatement of the new quincy mining company on the S salt a it lake stock and mining exchange has been approved by the board of governors nors over issue of stock ot of the company caused the exchange to sur suspend pend I 1 the companas comp anys stock from its listing sev I 1 1 eral months ago officials or of the core com pany stated in their application that the stock over issue had been adjusted but warned brokers to trade only in specified stock president george W lambourne ot of the Park Utah company came up rod salt lake yesterday on a visit to the big properties ot of that company it is me gent lemans first visit sin since his return from europe P SHIPMENTS SHIP parl r utah consolidated 1 io liver buver King C Coalition baliti oa liti 7 ontario i 1 I I 1 I 1 TOW h 1 |