Show u ines and Mining Stocks REORGANIZING THE BARRY COXE CO New v List of Officers Will Probably Probably Probably ably Be Announced Sometime Some Some- time Today n Reorganization plans pans covering the Barry Coxe Mining wore un under tin tin- tier del con consideration l In th this thi s city last ast evenIn evenIng even- even In lug Ing and the indications are lore that the officers making up the now new company will bo announced sometime today It ItIs 1 It Is reported that tho majority of ot the old directorate will win retire nn and ind l that some stron strong new blood Is coming cominS' In Notwithstanding Notwithstanding Not Not- ot- ot withstanding this contemplated change the work at the property at Park City joes oes steadily on in ui R more activity on Scott hill bill this winter than for tor years declared declare G George E E. Coxe Coe manager of or tho the Barry Barry- Coxe Mining company compan on his hla return yesterday from a B. trip into the hills near Park City On the old Keystone A ground a force of or twenty five to thirty non mon Is at work worle That Is II about a mile oest esst of oC the B Barry e group and is isene isone isone one ene of or the of oC the Silver King ICing Kingon on Ors Crescent hill hilI Several l properties over ovel tho hill toward Brighton Britton are re carI carryIng carry carry- Ing on active developments The Giles company Is also driving a tunnel this a Eason a s on On the tho Barry Coo group roup th the new tunnel is In fIve feet It i Is la running run run- ning through the formation dl diagonally to get under tho the r shaft It should catch the vein In sixty feet further urther and anda a at a depth of or ninety feet fet B By driving this adit 50 O feet more it will catch an another another another an- an other vein eln JOO feet teet on Its dip from front the surface Out of oC the tho six forty shaft shaH sunk the past palt summer one car of or ore netting the company 1360 a n ton was shipped Another carload Is knocked down read ready for shipment while there are four tour Cal Cal- ready read b by loads loada of zinc load ores near Fifteen feet from front the surface down clown to the bottom of or th the tho shaft pt pay ore w was s i This induced the starting of oC the new tunnel down the hill to lO tap this ore oro shoot at greater depth In the thc tui some galena salena stringers sue c coming In vl sI Ich encourage e the tho be be- 15 H f that an nn ore bod is near at hand han Mr Coxo Coxe reports that there Is a heavy fall of snow in tl the hills some somo of oC the ravines showing drifts twenty to thirty foot fet deep PLAN NEW NE ORE MILL FOR GREEN RIVER Eastern Operators Negotiating for Site on Banks Near Town Special to The Herald Green River Nov o 29 Philadelphia mining operators are arc negotiating for forthe forthe forthe the purchase of oC a portion of the tho old ranch in tho the south edge cde of or tilts tilts' city for the purpose ot or erecting a a. miti thereon The site tte is an art ideal one for this pUrl purpose Se bEin being located on the rivers river's bank bajik at a point below the city and plenty of or water water can easily be bc pumped for milling purposes es There is also a t hill bill upon which ts a lar largo large o le reservoir reser reer- er- er voir can he located It cannot be learned definitely as yet lust just what the nature of the project may maybe maylie be lie but hut It is believed that it is the intention intention in intention in- in of ot the eastern capitalists who h h vc had hall numerous representatives hors here of ot late securing vanadium and Oil lands lands' and leases to cr erect r ct both an oil ly fl-ly th h reduction r-d r nIt n n n 4 n ni t r r 11 n n n n of t uranium and vanadium ores res This rumor has almost precipitated a a. reining boom here and Sauna Salina C off cut railroad rumors ru-nors are arc bein being revived cd along with prospects for tor the theIron theIron theIron Iron ores from other parts of the state NEVADA UTAH NEVADA UTAH BACKERS I AGAIN REORGANIZING Having as its Us main nisin desire the dra dragging dragging drag drag- gin ging of ot the Utah Nevada Mines Unes and Smelters company out of or the slough h of despond another Is heard in the great bowels of New York and out pops another plan for the tho 1101 The s 's Reorganization fib Re organization of oC the Utah Nevada company com corn pany llan will win b be effected b by the formation formation forma forma- tion LIon of a new company with capital stock divided Into Inlo shares of ot the par value alue of or 55 5 5 The Tho present company h haTs has a a. like number of shares outstanding of 10 10 par value alue ill v.-ill Il The new company r. r also Issue six nix per ier cent convertible bonds of which w will 11 be offered to stockholders at par pOor It Is expected expect d that the bonds wilt will be c underwritten They will carry a bonus bonu of ot fUt fifty shares of ot stock with every bond Stockholders Stockholders Stock Stock- holders who do not subscribe for bonds will be he assessed not exceeding 15 cents per er shareHolders share abate Holders of ot ten shares present stock will b given three shares of new now and thero there will remain in the treasury shares for tor conversion 0 of oZ bonds bond Utah Nevada an and 1 Its subsidiaries subsidiaries subsidiaries sub sub- have debts of ot about of or which Is wed owed by the sub sub- sub f COPPER NOW IN MOOD 1 TO JUMP TO 14 CENT CENTS B By Badger Bros Private Wire New Xe Tork York Nov ov 29 If IC If the present de demand domand do- do mand continues for copper there is Yer very good prospect H. H cent 14 nt copper for tor the thea a additional purchase of oC less than Cl OW 00 pounds at qt this time would put put the price there The entrance ot or John John John-D. D. D Ryan and associates as RII- I Into the porphyry field through the tle purchase ot or Live Oak property is s a a very er Important copper den development creating a situation fraught with great great possibilities Mason Valleys Valley's new smelter starts tarts production about December 1st and should produce pounds of or copper el per month mouth when running to capacity Thompson TO Towle and Co MOSCOW OPENS NEW ORE SHOOT ON Upraise Breaks Into 30 Ore the Size of Which Has Not Been Determined to the Salt SalL Lake market er c every thirty las days now on an average O OC C four Ul to five carloads each car bringIng bringIng bring bring- Ing front from 1000 to 1600 16 a total monthly month month- ly h output of or approximately tons worth werth to tile the Moscow Mining Min Mm- ing cc Milling company's compans mine In Beaver or county Is In such splendid condition that the company compan expects to bo ho able to pl please ase Its Ita stockholders with a second dividend In the tho near future The shipping ship Ship- pin ping ping- ore corn comes s front from rom the foot COO level le and averages 25 5 to fo 33 a ton This week J J L L. Rawlins secretary of or I the tue company compan returned from an nn tion Matthew Qullen n president was also down to Beaver on a s trip a short time a ago RO o The Moscow Is looking ex- ex x good what may be he termed a a. strike having been made a few da days s 's apo ao In an all upraise from Crom the foot toot lev le- e. e el er Here H R drift has been sent out several se hundred feet northerly through a mineralized country In a particularly particular particular- ly h favorable Je place the raise was made getting into ore which resembles thaIn that tha In It the lower Jower levels averaging 2 25 to 30 3 30 a ton Sufficient prospecting has no not been done one to determine the tho extent o othe ot of the new strike but It gives promise I. I o ot UC 0 niu LI lII lip VI ui II I II I I L- L ance It seems to CO be an entirely new v 01 ore shoot in this extensive vein The Moscow's working shaft Is Ig down feet From a 1 drift In the ore are on this level a wine has haR been sent down n 00 OO feet all In ore arc From tho the bottom of oC this his which Is the level a drift has been sent out feet to the north noth all in ore oro of or shipping grade grade- This s same annie me ore orn bod body has been prospected on the and foot le levels also This gives an Immense ore shoot already blocked blocke out out Cut which ma may be le from tho the 60 up The new strike on the foot level IC apparently 1 Is opening up an en entirely en- en In Independent ore shoot hut but In the tue same fissure It was September 15 Ii that the Moscow pAid Its Initial dividend of one ono cent a as s re amounting to This distribution distri distri- wIlt will no doubt be augmented at atno atno no distant day ay If the present In r r 11 of It lf th 1111 mint maintain ln I 1 BADGER JARBIDGE-BADGER GROUP ABSORBED BY THE MARION In accor accordance ance with a call issued by hy the lie board hoard of oC directors of oC the tho Badger Jarbidge-Badger eBa r Mining company compan a special meeting of or stockholders was waR held at the office of or W. W E. E Billings W W. E. E Enslow president briefly stated the object which was waR to consider the o offer el of or the Marion lIn- lIn I lr K Milling com company pan to purchase the I property rights of the Badger Jarbidge-Badger e-BadKer e Mining company compan on the basis of oC one olie share hAre of or stock In the Marion for fot one share shore of stock tock of the Jarbidge r The pre present nt financial condition of oC the the- Badger Jarbidge company and its Inability nabil- nabil It ity ib to procure additional funds b by the thc sale of oC treasury treasur stock tock al alto also o the taKes laKes ages ages- to be obtained by accepting the thc offer was discussed by the president The Badger c stockholders appeared appeared ap ap- ap to bo be so perfectly satisfied with ith the facts and anti conditions set forth In the report and the advantage e. e to b be o obtained 1 b by the tho sale sule of oC the property on the terms offered that a motion was quickly made to put tIle tho proposition to a vote or Of a total capital c stock of shares there thero had been Issued to November Xo 18 IS 18 shares Chares Stockholders holders present at the thc meeting meeting meet meet- ing InA were holders of at r shares certified cerU- cerU fled fied proxies delivered to to directors t Ii shares total stock represented at meeting shares GOLD ULD BASIN BASI N LEASERS NOW OBTAINING RESULTS Four Four Four- carloads carloa s of oC ore have hac already alread- been received In Salt SaH Lake Lako from the Gold Basin Mining lIning company property at Carroll Carrol forty ort miles south of or Au Austin Net Nev e eThe The shaft II Is down seventy sev v enty feet In the tho black man manganese ores ore some of which run extremely extreme high R. R T. T DIxon Is said to be the first firs to tomake tomake tomake make a strike of oC the several sets of or leasers who are already operating In Inthis inthis this camp which was given Iven birth but thirty days dan ago Tho Dixon find is on onUle the Ule Watt group A quartz le ledge ge has been developed on this property The rue Theore ore sh shows ys free gold In additon to which It is permeated with silver sliver and galena alna This discovery lisco was made mado at ata a a. distance of or to feet north o of the main strike 9 A quartz ledge c ge has recently been een discovered in the gulch to the the south of ot tho lie main strike It carried pa pay dirt and shows sho a trend of the hc led ledge c in a n southerly direction to toward toward toward to- to ward the property bonded a a. short time ago by br EI Ely people AL ALTA TA CONSOLIDATED ON 90 ORE Hans Yonder Vender foreman at it the Alta AHa Consolidated came camo down from Alta AHa yesterday to spend pend Thanksgiving with his ills family He i-fe incidentally brought along a large chunk of or a R. fine tine grade rade of shipping ore taken front from a foot 40 raise ralso at a point 1 1500 OO feet from Crom th the mouth of ot the main tunnel This rule vein Is hi two feet wide wid and carried ounces silver 5 per ler cent copper and 10 per percent Percent percent cent lead a 11 The Alta Consolidated has two more carloads of ore oro In the marbet mar mar- bet ket making a 3 total of nearly nearh tons i shipped this tall fall I HEARD HEARlToN ON THE CURB i That meeting of the broker rok I boys boys' at I Ithe the Commercial club la last t Saturday re reminded re- re minded me of or the lie good time coming the millennium 1 I mean when the lamb and the lion shall lie lle down to together ether But It was a step in t the tho o right direction if Who Vho five years a ago aso o would have Imagined d that a mine In Utah whore where the ores do not average only about 2 23 25 pOUnds copper to the ton averaging 13 per cent could be made mada to pa pay dividends of ot over In a single Insle year ear That requires genius brains braIns' and md mon money y King ICing William Wllliam has been an extremely retired re re- re tired monarch the past four tour or five months lIe He ought to have a bit of T. T R fi R. R serum serum injected Into his veins so the stockholders may know where they are arc at at and will trill no rc longer have havo to hold their breath lilt It It Is It generally claimed by b- Tintic min mm- ing log operators that the camp has a total dividend record of yet statistics give the camp cre credit lt for tor hard hardly more th than n half haIr that amount Hows How's that 1 jg a. a I P I am Informed that Colorado Is al almost almost al- al most certain to pay a Xmas dividend Uncle Jesse Jess would rather be good than b be governor I or ore re output for 1911 wilt will be ba more than 1000 over o the tho total for Cor last year With all of oC Utah mining camps camp practically showing a heavier tonnage than usual urual and the dividends for tor the dying year ear I keeping up t to the tho standard what Is Is- the of the reason 0 ed d depression In stocks stock PIlES nUBS AT T S S. I cn carloads of or ore from were ed received at the Utah Ore Sampling i company y yesterday oJ BUTTE AND EL ELY Y MAY RESUME WORK Salt Lake and Montana Owners Owners Owners Own Own- ers Inspect Mine and Consider Consider Consider Con Con- sider Working Plans Apparently there Is a movement on on out foot to resume work at the property ot of the Butte EI Ely company compan In WhitePine White WhitePine Pine count county near neal the great Liberty Libert pit of oC the Nevada Consolidated The forepart forepart fore fore- part of this week eole H H. H A. A Frank local manager of oC the Ohio Copper company accompanied by a party part of or influential mining operators from Butte B Mont on ninny many an of or whom arc heavily U Interested In lit n the time Butte Butt EI Ely Inspected the Mine carefully They 0 have hare returned and tho the matter of or properly developing t the 1 property prop prop- en erty IK is under consideration The entIre en entire en- en I t tire re party went on to Butte Tues Tuesday a to their vl visit lt to to BI Ely the Ex Ex- p itOl says say that though not making junking I. I public the reason for their the visit to 10 TI- TI the lie Butte Bulte E Ely Bly holdings at his time the time party part of or Butte and anti Salt alt Lake stockholders who spent Saturday a Inti nd Sunday Sunda in lu the district are believed to tob tob toj b j some movement mo looking lookin tOward to- to ward v the time further development of ot the company compau property The of or th the tue party were very tery r well pleased with their vi j visit lt and freely l l s 1 I ti- ti h f ll n f tho Ely g holdings wi s tire are all t they and that they expect great things timings from the time future when the property will he be hed d developed eve I o pe 1 i more mOIe n a re extensively et n a I vel y Ti They The e v visited the Nevada llda Consolidated an and Giroux properties as well and were yer very well ell sed with what they saw sas' They also spent half a 1 da day looking ivor vr the McGill l |