| Show I rN S AND ANO MINING STOCKS 1 I IMlAY KNOCKING DOWN ORE FOR Mill MillIn In New Drift Has Four-Foot Four Vein Assaying 80 Ounces Silver and 25 Gold Miners working In four tent feet of ot oro which samples SO O ounces silver er and 25 5 in pole gold this vein having having- beon been encountered cn- cn countered In a drift from the bottom of ot a n toot foot sunk from tram th the oo foot level leve IB 18 one of at the thc encOUragIng encouraging encouragIng of ot tho at the tho property ing Imlay Mining company compan according to D. D E. E Craft superintendent who came In Friday from H HAmboldt county No- No ada vada Vo Vc a. a 0 are working ant V fr only a small yesterday force torce VIL but b r wo we liwo are arc taking g out t some some ore above the This four foot vein Is la Just water level In lii the tho mine spring start tho the mill mID when wo we get ready to up we wo will the foot OO-foot level and nod rich shoot of ot drift over O to catch this ore are The Tho lower workings are probably not over ton ten or twenty feet teet from this vel vein a. a Only tit fifty feet teet south from where 1 we weare are aro no now on the ore are Is another big blK pipe of or ore are four tour tent feet wide Ide which samples twenty ounces silver er and 6 GO 20 In gold goM This i H Is on the strike of ot the same came vein In tho the upper h level el a n. streak of at ten inches was cut which showed values as high as 26 In gold and ounces liver allver Years Yeans al ago O ore running 10 a a. pound was as taken from tram the Imlay On the oo toot level le there Is about feet teet of ot drifts drills with a a. connecting con con- foot toot le level ol A pipe of or ore here hero shows seventeen ounces silver er 80 SO tents cents gold and 20 to 40 0 percent per por percent cent antimony The rhe veins on the lower level show sho much more permanency One Is twenty feet teet wide with a a. four four- foot streak of at high grade antimony The formation of or the Imla Imlay is black shale shae porphyry Quartzite and lime the tho QuartzIte being the most of tho the values making on Its contact with the porphyry In Three Week V eV I a t have II complete 1 pumping u pl g- g apparatus pp r tuso io so o that when ready rendy the mine can be and dried up for tor working on the 00 00 level le in three weeks It is thought not advisable advisable advis ls able to pump out the mac until after aCter frost trost probably not before next spring when the new v ore are bodies should be lie sufficiently opened up to justify puttinG putting put put- ting the ton forty mill Into commission There are now nearly tons of at a high h grade milling ore are In the bins and to tons broken down in the mine awaiting transportation to the mill This ore samples nineteen ounces silver and 4 I In gold This ore comes principally from the two distinct ore arc shoots already developed in the Imlay ground Three miles to the south of ot Imlay Indian Ike people are axe pushing work and nr are out some wonderful values Mr Turner Tu and associates are working It on a a. bond and lease lense The hl high h grade streak Is narrow but it makes up in richness s. s At Ule eight ht miles mUes to the southeast considerable prospecting work ork IE is being done this fall and some rich ore oro has been ocen uncovered this sum sum- mer There Is talk of at starting starling work on a a. number of ot good prospects and old mines of or the tho district Some Soma Illinois people are working a. a property twenty miles to the north where they arc are putting in a a. large Iorge mill There Thera is also talk of ot starting up work ork on ground above Humboldt near the abandoned town where here Mark Twain wrote rote some athis of ol hi his i. i humorous sketches in days das gone Ione by hy Things ThinS's generally are looking pretty good throughout that section of or the state NEW YORK MARKET HAS BEARISH SENTIMENT By Badger Bros Private Wire Ire New York Oct 7 There There wa was wa some of ot activity towards tho the close but no notable changes In prices oc oc- oc- oc It was largely a market of ot specialties but bearish appeared ap ap- ap- ap to be on the increase AUla Allis Chalmers Issues fell teU to lowest points on n record since the company was formed in 1901 It was contended inmany Inmany in inmany many quarters that the bulk bun of ot tho the selling Felting came caine from traders but that the markets market's worst wort feature was the tho estimation esti esti- mation matlon that W W. sold about 40 0 shares of stock during during- tho the session One theory o of Pacific Telephones Telephone's ad advance ad- ad vance nce was that the company would I bene benefit tit by obtaining business lost b by bythe bythe r the telegraph companies in event of ot r a astrike astrike L strike of ot telegraph operator SwaIn Swain BIG WEIGHT LIFTED FROM THE STOCK MARKET By Ba Badger Bros Private Wire Boston Oct 7 d. An An official announcement announcement announce announce- ment of the abandonment of the Calumet Calumet Calu Calu- met Usda Hecla merger was wan made just he before tore the cio close last night All AU day the merger stocks have been In strong de demand de- de mand mend add the sharp advances which took place plaice Illustrates the sold out condition condition con con- of ot our market Too much emphasis em era- on tho the Importance of this announcement announcement announcement an an- cannot be made A A. bl big weight has been lifted off ort the market and we firmly bolle believe e that the Lake La-ks coppers copper are a purchase now Price Prices art are low ow and we wo are going to Ao have a good trading market markot and such stocks as Osceola Allouez Tamarack Superior and sud nd Centennial will sell considerably hl higher her There were larger gains made up to the close of or the market and as noon oon OB as the full tun import of ot tho the Calumet Hecla announcement 1 Is Ie generally known there win wilt b bo further advances E. B. C. C S. S Hooley Co onE OKI AT I SAMP MS us ns Seven carloads of ore are from tram Utah mines minei and one Nevada were released by tho the Utah Ore Oro Sampling company yesterday GRAND CENTRAl ORE GOING DOWN Will Resume Work Beck Looking Better Gold Better Gold GoldChain Chain Shipments Upon the tho 2200 1200 level of the Grand Orand J Central mine the new ore body boy has bas hasteen teen been followed by a a. drift for a a. distance of ot fully tully feet teet no effort havIng yet et been en made to develop tho the oro In any other manner than b by this drift Theore Tho The ore are bod body has hns all the appearances of Or being a whale on this level and ami Superintendent Su Su- will vilI c the drift for tor the purpose of ot getting u a bc better line lino on the tho dimensions of the theand t and later Inter will 11 commence stop stop- InK lag tho the ore One thing trung that mat is 18 particularly particularly par par- gratifying Is that tho the ore are is making below this level lovel which Is the tho deepest point In the Grand Central Centt cn I The new newa that the mine Is to resume operations again and the tho fact tact that preparations toward this end aro iro already under wa way would Indicate that the shutdown at the mine was chiefly tho result of ot a misunderstanding among the hea heavy shareholders shareholder Fred Otto Olt for tor several everal years ears a 1 foreman atthe atthe at the tho Colorado mine was placed In charge of ot the mine this w week ek with Instructions to put th machinery In for work again and it is understood un un- that he will b be tho the new su superintendent superIntendent superintendent su- su of this mine mino It wll will probably probably ably bo ho the tho early part of at next week before work is n again aln taken taleen up underground under under- ground and md at this tinto we are to state with an any degree debree of ot certainty anything about the company s future plans It Is rumored here however howe that a tho the sad and other properties owned by bv practically I the he same people eople s 's one of or the he he possibilities of at tho the near future Utah I Work In the e-ast e drift of ot the tho Utah Con on the foot toot level lc is still progressing pro pro- gressing Here the management pro pro-I has hns been for tor some time on a a. break brcak which has hils at different times showed good bood signs of at ore The raise that was run fort forty feet teet on a cross crOS break showed some signs of copper Opper but with no definite results and a sunk a few feet from tram this raise also abo showed showell well vell The drift is now being run further r along the break and it is expected that ore will be encountered on this lex le el el neck Heck Tunnel Reports from tram the Beck Tunnel indicate indi cate that the mine is looking better than at any time during the tho past six or eight months There is more moro ore are insight InsIght in insight sight and It is of at better a-better t grade rado than the company has had since encounterIng encountering encounter encounter- ing the ore oro near the line which divides this property from tram the tho Uncle Sam Recent Recent Re Re- cent development do work however seems t to bear ar out ut the tho p d cUon or well well- KnoWn own mining men that inai na trio ine HacK Lun uund nd nel people are upon tho the top of this ore are and that greater depth Is the one thing that Is III needed to put the tue mine back in the list of f dividend payers Gold Climb The Inclement weather wather of the thc past palt few tew da days s 's has delayed the surface work at the Gold Chain and it will no doubt be ten da days das a or perhaps a a. little littlemore littlemore more before the mine will be In po position post post- l- l tion to resume tho the shipment of ot ore are Tho The large larae ore oro house has b been jen n finished ard the work of at constructing a trestle from rom the ore oro house to the dump Is now in progress Supe Superintendent ri a t en lent e n t We t t era tram a states tat es that he has his force at work breakIng break break- I lag Ing down ore are and doing development de work which is needed and as the men can work to good ad advantage e underground underground under under- ground the dela delay In the surface Improvements Im ira- pro is causing absolutely no In itt itt- convenience con United Tintic Sinking In the shaft of or the United Tintic property at SIlver City has been delayed somewhat this week while changes were being made in the machinery machinery ma ma- chinery but a report from the tho mine today is to the effect that tho the shaft has now reached a depth of ot about 75 feet But a few tew more days das will vIli be necessary to take the shaft down to the level le where a station will be cut preparatory to drifting out in search of ot the ore are curt Clift Frank who is fa operating operating- a lease upon pon the Clift property in the south end of ot the Tintic district sent out a carload of ot ore the early part of at the week and wilt will probably have another another an an- other car ern upon the market markel within the next week or ten ton days Mr Ir states that h he has a D. splendid showing of at ore at the 1 present reent time and that HIt ho sees aces no reason why h the will Villi not be a iii regular shipper for tor some lome time to coma come f The th north drift upon the level III In a very good grade of ot ore and Gond the indi are favorable for this oro ore to ex extend ex- ex extend tend some distance further In that di dl- dl During the past few days das Superintendent Samuel Cox has been doing somo some work In the which has already been sunk about fifty feet teet below the and which is ii till still followIng fol fol- lowing lowIng- the ore are The mine is reported to be looking exceptionally fine tine at this time The cement foundation for tor the new ore h house use has been installed and next week tho the carpenters will commence th the construction of ot the building lOllIng losing los lOll ing ing- no time in crowding the work to completion Yankee Superintendent Lou Merriman states state that he will have ve five teams at work I hauling tho the dump ore oro front from this mine to tho thu railroad In the morning four teams being in u use e at the tho present time These teams team II can each cacti handle hanlIe about twenty five tons of ot ore are dally daily and con con- the tile tonnage from tram the Yankee eo will amount to about fifteen or six aix- teen carloads each cach week The eu usual R 1 amount lount o of development a i IB HI sun still way rum rom me the Yankees Yankee's Tan ian kees kee's deep shaft Centennial and aDd Victoria A A. report from the Eu Centennial reka ia s to the effect that additional addi addi- water wILler has b been en encountered In the 2200 2100 level and that the entire force has baa been temporarily laid ll ore oft In order or or- or der ler that cement can be bo In In stalled It Jt 1 I. I is loo too early to say Bay what ot of- of-I of feet tIji this additional flow of oC water will vIll have havo on the development dc work below tho the water level Of Ot course It will ill not Interfere with the work above this point except temporarily while the cement ce ce- ce ment meat work is 13 being done Tho The work of ot cutting a upon tho the 1200 level of at th the tho Victoria mine Is ia now In progress antI and when this work york shall hall have b been en completed a drift will probably be pu pushed hed out to the vein which at this point should be encountered ered with about feet teet of ot drifting The will commence work un- un mediately mediately upon the south end of ot the Eureka Kill Hill lilI ground and there thero appears to be a 8 very good chance chanco of at some Borne new nev ore being encountered Eureka encountered Eureka Re Re- porter BOSTON MARKET SHOWS ATTRACTIVE PURCHASES I By 13 Bad Badge ar o Bros Private Wira Boston Oct 7 Interest Interest for the most moat part haw haH centered in itt the Calumet Heel Hecla stocks today This Tills stock opened around last nights night's clo closing cloning prices and reacted a 3 little on profit tal taking Thc They arc are all nil a purchase and will show hand hand- some SOmo profits in the very near future i The Thc buying at present nt Is t. of at the boat best I I kind d. d R S. S Hooley eY 8 Co I I I i RICH BISMUTH ORE FROM DEEP Wilson Con Has Forty Acres Acre Well Mineralized With This Valuable Metal Bringing in from the Deep Creel Creek country in western county a L largo large o lot of or beautiful specimens of or bismuth bismuth bis bis- muth ore some of at which showed little t nodules of almost pure gold protruding Frank L. L Wilson lIson general manager of ot the this Wilson Consolidated end and severn several other mining companies with large holdings In the Clifton district came in Ir I from the west cst Frida Friday Mr Ir Wilson lIson says that ho has at least L forty acres of ot ground In the Wilson lIson I Con on p possessions Ii on which bismuth Is ls I in more or less quantity vino Tho nc I deposit has been developed by about GOO feet teet of or tunnels and shafts It Is Inthe inthe In Inthe the nature of at a blanket vein and will 1 average t rage Mr Wilson says aI 10 per cent bismuth This metal 1 Is worth 16 a pound making a ton of 10 per cent bismuth worth The metal Is 18 used In electric lamps and in the medicines In Itt one place tho vein eln Is ten feet fett wide and will Ill run from rom 20 20 to 30 30 Ingold In Ingold gold along with tho the bl bismuth values rho Tho ore Is a a. white quartz with heavy cubes of at spar the bismuth showing hawing t through roUS-h II the ore in a dark arle greenish Ish cob color r. r Mr Wilson lIson declares t that tho the intention intention Inton- Inton tion lion now is to erect k a mill for tor the treatment of at the lower er class bismuth ores Tho The expectation would bo be to putten put putten putten ten to fifteen en |
