Show l L a d Stocks SELMA READY TO INSTALL NEW HOIST Will Sink Working Shaft Feet Some Feet Some Ore in the North Drift Selma Seima Mines Unes company compan finally ha has Its new hoist on the tho ground In North Tintic Tintic Tintic Tin- Tin tic and It will ho be within a afew afew few days over the sixty root toot perman permanent nt working shaft at the foot toot of oC the hill hili the Idea being being- to at once sink tho the shaft probably to the foot level le before any considerable amount of prospecting work Is done according to Superintendent Superintend Superintend- nd- nd ent I. I L. L C. C Peterson who was 8 In town yesterday Mr Peterson S says S 'S when the hoist is read ready he ha will make malee five tivo feet teet aday a aday aday day In the shaft Some Somo of at the speed work vork done ilone in the past by him and hisson his hisson hisson son at the tho Selma backs up his claim A carload of ot timber from Oregon for tor shaft house and antl timbering will reach rench Tin Tintic lIc directly Mr Peter Peterson on says two shirts shifts are now at work in the north drift of oC the upper workings This drift loaves the tho foot tunnel about feet teet from its face ace The Tho drift Is in forty feet teet having ln followed followed fol fol- fot- fot lowed a vein of or low grade ore all the way ay Both walls Valls are lime with four i feet of at gangue between the ore are streak being about a foot toot and a n half halt In width This ore are gives I es the following values alues Si U to SG 6 in gold three ounces silver and one per cent lead This vein eln shows strong in the floor loor of ot the drift which leads Mr Peterson to Infer Inter that It goes I to to depth A drift from the proposed i working shaft down the hill bill will be besent besent sent up under this highly mineralized portion 9 of the Selma ground Other encouraging things In the north drift are the open air fissures or old water courses The air current Is so strong In some Somo of them as to exUn- exUn i a 3 lighted candle The face of ot this finis drift is 70 feet vertically from the surface surfaced A drift from the lower shaft several eral hundred addi- addi feet of ot depth Mr Peterson declares that during the jJ past ast te few that seven so mining exPErts ex- ex ts pei-ts have Inspected the Selma and I without an exception they predict abig a a bl big future for the property Mr Peterson visited the near near-by Lohl Lohi Tintie just before coming to town The tunnel Is no now In about feet The work Is now In the regular ore-bearing ore lime and the face tace shows show a mass mus massof I of ot crystallization A few days ago aso a a. apiece t piece of ot quartz float was picked up tt i r below the porphyry dike It ran 50 In i silver ilver and lead It Jt is said this dike can can be traced through h the Lehl Lehi i Selma and down to Beck Tunnel POLAR STAR CUTS IRON lEAD IN DRIFT I West Drift on South Fissure I f v Following Encouraging r Three Foot Three Vein Three feet of ot vein matter showing considerable iron and little lead an and Borne Bome crushed lime limp Is now being followed in ln the tho west drift on the tho foot toot level of at ofT ati T i the the Polar Star Mining company's property property prop- prop ct erty In Elko count county twenty-eight twenty miles south of Wells Ne Nov Ne' according to Lorin N N. Morrison the manager who was inthe IntIle in inthe the tIle city yesterday esterday At the bottom of ot the foot shaft shafta a a drift was sent out to the soUth five ty-five feet where It Intercepted an west cast fissure At this point the drift was turned westward following the fissure for a distance of five eighty feet where the lead Iron ore wa wait en en- en countered The width of ot the fissure varies varle but will average three feet sa says s 's Ir Morrison When asked yesterday esterday If Ie the Polar Star would sink the main shaft deeper before doing much more prospecting work Mr Ir Morrison said I hardly think so conditions arc are looking too good where we ve are now The north drift from the foot toot was sent out twenty eight feet This caught a parallel v vein ln making the two two- fissures fifty feet feel apart There are several other parallel fissures outcropping through h the Polar Star which has s a remarkable surface lead lead- allver silver showing This is the consensus of the opinions of oC a dozen or more Salt Lake mining men who have been out and Inspected tho the property during the past several months The present work Js is to prospect at depth in the the hopes hopes of or finding the tho source of this attractive surface showing Mr Morrison expects to 10 return to Nevada Neada today COBALT COBAL T DIVIDENDS SHOW i SURPRISING REGULARITY From Cobalt Ontario comes word that the dividends Ing and Hudson Bay have been coming ith 1 astonishing regularity during the Jast past few months and dividend dl No 34 34 payable a on November 13 13 has just been declared b by the directors making the fourth since July and the sixth during the thc present year Dividend No 34 brings the total divi of ot the tho company to 1 per percent cent or a total of ot a share for every every ev- ev ery cry one of oC the shares that have been Issued Each per cent declaration atlon as the one duo due on November 13 13 calls for tor a a. disbursement of or Six of oZ these payments have been made this year although last year but seven div wore Were paid The lengthy dividend record of ot the company company reads as follows 1905 1905 15 1522 15 j 22 1906 1907 1908 1909 10 1910 i February 1911 13 13 June 13 13 JUly 27 1 August 31 I October 14 November 13 Total RYE PA PATCH BUYS 1 STAMP 10 ST O-ST AMP Mill Secured at Golconda and Will WillBe WillBe WillBe Be Installed on Property at Once C. C A. A Conklin president of or the Rye Rc Patch Mining Leasing company comp came camo camoIn In from Nevada Ne yesterday a and antl reports having purchased a 3 ton stamp mill which will be installed Immediately at atthe atthe atthe the Rye Re Patch and should he in running running running run run- ning order within the next six weel weeks s. s This mill was at Golconda awaiting transportation to another property down the valley and was taken over overby overby I Iby by Mr Ir Conklin before it had ever been I unpacked Mr Conklin says sas there are arc tons of ore on the dumps at atthe atthe atthe the old mine on which his mel meo two weeks sampling and they thoy found It averaged 8 S a ton He thinks it will at least run 6 C to 7 i. i He also states that Inside the mine mino there must be bo at least tons more which will run runan runas an as high It is expected to put twenty Into one ono which would make a a. very good product for or the tho smelters Mr Mr f Conklin says the theE company Is row now o worKIng a a. lorce 01 UI iii jut jut- I side Elide of ot this and tho the work being done by W W. B. B forehand Boreland and end andr W r G. G Adamson Alamson of oC who has charge of the Prudential a property adjoining the Rye Patch little prospecting Is being done in the Humboldt range ranSo right now although it is la considered one of the most Inviting In mineral fields In the en entire entire on- on tire state of Nevada Novada Mr Ir Conklin says sas the they are now work work- Ipg ng two shifts of men on the Mar Mary Eva claim ground adjoining the Prudential which they staked about six weel weeks s ago It t having been boen left open up to that time A tunnel Is being driven Into the mountain with a very good goud show of ot ore The leasing company took toole this property prop prop- crt erty over Oer last summer from Ray nay and Greenwood of ot this ell city on a n seven years years' lease ease GOLDFIELDS GOLDFIELD'S NEW 2000 FOOT SHAFT STARTED There Ther has been boen no up let-up In the en energy energy en- en ergy erg with which actual operations were verc started on the deep shaft of ot the Merger Mines lInes company about three weeks ago and it has brought results that hat are more each da day sa says s 's the he Goldfield Tribune The group of buildings is being added to to the spur track from tram the main mainline mainline line Ine of ot the Las Vegas Tonopah rail rall- road has been completed and cars loaded loaded load load- ed od with material are arc being being- run over oer to the he shaft shatto the new electric hoist for temporary purposes has hag been put into operation and rapid headway Is II b being made with the work worle of enlarging the theold theold old Id shaft to three compartments b by raising alsing from tram the tho foot toot level The collar ollar of the shaft has been enlarged to o four compartments and concrete foundations laid for tor the foot eighty steel tee gallows frame that is to be erected erected erect erect- ed d as soon as it arrives Other preparations for the big biS' plant are arc re being made including grading and concrete foundation for the horse OO-horse- power electric hoist which is to supplant supplant sup- sup plant lant the fort hor horsepower forty hoist that has las just lust been put into commission Three shifts shUts are employed in enlarging enlarging en- en the shaft shatto and when this is completed tho the surface sinking toward the he foot 2000 level le will bo be commenced and rapid rapidly I pushed General Manager lanager Metzger Is not letting letting let let- ting any grass rass or new sagebrush get started around the works on account of Inactivity and Is making making- eer every da day show a material advancement toward the he object that is to be he attained OLD COMSTOCK MINES AT VIRGINIA WONDERS Production from rom the old Nevada Comstock mines last week totals 38 2550 a sum well up among amon the average average aver aver- a age e outputs for tho the past few ew weeks Ophir mine leads with an extraction of 48 tons averaging per pcr ton and totaling 76 Mexican Is second on the list with cars giving a gross ross assay value of I Crown Point hoisted cars car assaying a total of or Union took toole out a fo few cars of or low grade ore from the 2500 level leveland leveland and ind Con Virginia reports twenty cars of 10 ore oro from the 2550 The detail of at the extraction is as ns follows 2100 level thirteen cars era a averaging ln per ton cars 2200 level leel ninety four cars 2991 forty forty- one cars 1619 lG 19 Mexican 2300 level sixty nine cars 1482 2400 level eighty cars eighteen cars 1105 2500 level cars seven seen cars 2886 Crown Point 1400 level cars START ALICE GOLD SUIT AGAINST ANACONDA COPPER COPPERI Helena Mont Nov Ko 9 Minority stockholders of ot the Alice Gold and Silver Silver Sil SIl- Sil- Sil i ver Yer Mining company began suit in the 1 federal court here today against the i Anaconda Copper Mining company compan John D. D Ryan and antl others to have the sale of ot the property of ot the Alice Allee company com com- pany any to tho the Anaconda company canceled canceled can can- on the grounds rounds that the merger mergers Is s a conspiracy In restraint of oC trade The court Is asked to restrain the defendants from prosecuting an action now pending in the state courts of Utah at Salt Lake City for tor the tho dh dissolution disso- disso so- so lution of ot tho the Alice company ending the he determination of ot this suit to compel compel com corn pel them to the deed to the Alice properties In Botte Bette and to re receive re- re back the thc stock In the Anaconda company Issued to the Alice Allee company in payment parmen t for forthe the property LOWER MAMMOTH DRIFT REACHES DOLOMITE LIME Having passed out of ot the tho Mammoth dike country into the dolomite lime going through alternating breaks and andopen andopen andopen open country countr present conditions on tho foot toot level of ot the Lower Mammoth arc are more encouraging than usual is the report which E. E C. C Coffin superintendent superintendent I brou brought ht to town ton yesterday The Tho principal drift on this level lovel's isnow now feet teet In a northwesterly direction from the main shaft Mr Coffin says sas considerable new work Is being done In all parts of the tho Tintic district He lie takes an optimistic view low of ot the present pres pres- eat ent situation SILVER REACHES HIGH HIGHEST ST STMARK MARK IN THREE YEARS New Sew York Nov 9 Commer 9 Commercial lal bar silver er sold at rG IG cents an ounce In this market today an advance of 1 16 from rom yesterday es This Is the hl highest price attained since I February 1908 The rl rise rim e is attributed tp to scarcity of ot spot or demand silver Il In tn London That markets market's supply of the metal Is depleted by reason of at heavy shipments to China In connection with the revo revo- I lution U t ion BOSTON MARKET IN MUCH BETTER FORM FORMBy By D Ba Badger er Bros Bras Private Wire Boston Nov o Market 9 Market today wa WW strong and bore out our predictions for or the past paRt t few w weeks There were good gool advances anceS in nea nearly rho ever every v and they were well welI maintained closing at the best prices of oC the day daY I I liGHT BUSINESS ON lOCAl CHANGE However In Spite of This Severa Several Several Sev Sev- era eral Issues Show Encouraging Encouraging Encouraging aging Gains Bo In MS on OD th thA local loesl re yc c r ne 8 eT cren eten o lighter lUher ban on the Ibo previous day but In 10 spite of or this ihl lack of burin orders SOme mc of or the tho honed actual Rains alu Iron sad and were a little In Day lIln d half bait a s point while New York lork al again ln wn In fn demand n halt half a point over oer ln l lay day y Ohio Coper fell teU down two sad a s half belt points from th the previous day The Tbt total isles uIn for Cor t the day daT were 2390 3 00 shares nt ut S The l closing quotations yesterday yes yes- were as tallow follows I I Afternoon Did I Ask Ii I lid I lAik fleck 81 Tunnel 17 18 18 Binghan inal III III ot 04 O 61 01 I 07 Jack Jack CJ 10 i ro 10 Camp Bird OO 2 Ctrl Carisa Is IS S Ceder r Tn ca Ce 3 01 s X 1 I Columbus Coo j 70 0 25 31 30 Crown Point I 04 03 2 JH 01 Dill lely I 40 5 Dragon 1 J astern Prince 01 East Tintic Con n. n 01 s. 04 East Crown Point or oo OOIJ OO OO f E. E Tintic De Delop lop 01 Ol hI 01 Gol In 87 50 O Si 57 I 19 0 Circle Crown 0 1 12 05 12 jQ 1 96 Ibex Iber loll GolI CO I oz ll Queen OJ 02 IZ Q Iron 97 99 95 Iron 1 l 06 O Cf 00 06 05 03 Kiar William 0 OH 04 01 lI I.-lI Lead King I 1111 CI l 01 o 01 Little D II t 40 0 34 40 0 Lion 01 OZI 04 01 Z 02 Lower Mammoth 11 0 03 Cr 03 I son Ie Mm j j. j S. S SW hay fay Do m 1 12 11 1 12 Mineral ral Flat 11 01 Lake 01 OZ 02 On 01 Q Nevada 10 0 2 s 26 I C ICI Nc ew york ol 6 C oj O 06 Ohio Copper 10 10 2 22 20 0 1 22 1 I i 10 10 01 N Cl 01 i Cl ln O M 00 l 0 OO OG Prince Coo Sg 55 63 S1 67 Idaho 55 5 60 rs S 61 Richmond 1 6 AM 04 01 10 M 04 10 01 03 Se co Troughs 01 w CI Wl oc a Sioux Shona Coo 10 IO 1 1 12 So o. o Iron I C I 04 w Con O Hi 06 I G 06 KID Kio Coo Con 1 Ot 00 10 12 10 Tintic foll 0 02 01 I United II 1 Ol U Uncle nc I c S Jim IZ G 26 Utah Ulab Con rel 03 O 02 I 02 Union 31 26 6 I 23 31 27 Victor Con 0 cI C I Victoria Coo Con 6 6 65 65 I 6 Q 1 Yankee Con 13 15 13 1 1 Copper 03 ro 03 03 6 OnE OO SALES n Beck ck Tunnel at IS iSe Cedar mm 2000 at 3 Sc Colorado 1600 at Columbus ro 00 lit et c. c J JIron Iron Blossom 10 0 lit nO p seller ten May orar HaT Day 1000 at c. c It at I c. c Sioux SIon C 00 At ll c. c United Tintie nt It Victoria fetor I 00 ut at ic OiEN OIE nOum Tunnel OCl at lie Ire Colorado cr AO n st t Sc 1 lo cr JOO at 2 New York 10 at 6 i 1000 at c. c Ohio Copper Coper lC nt Jo it at United 1 1060 It at IC Uncle le Saw ro It at ic Yankee a t t I t sold AFT AFTERNOON n OOS SALES S. ColorAdO 1 ot nt ISo S 18 Day 00 8 at t lc hills o 10 It S ew York 1000 at 6 a Ohio Copper Coper at South Jtb Iron m lom 1000 10 It at 1 e. e Tintic Central 00 I It at 1 c. c Uncle UDell Sani Sana nt at ITe ic Victoria at OPEN OrEX BOARD Col n at t 8 sc Jc Iron we 00 at c. c 2000 st at 2 c. c May Da Day lorO at |