Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1907-06-21
CONCENTRATES

]. " wcimer returned today from
a trip to the big Weimer copper prop
Nrty in Idaho.
w, p. Began, the well known Park
city mining operator, has returned
from Missouri
l.. n. Morrison has returned from a
trip of several weeks duration In the
east during which he met some or
the eastern shareholders OF the Indian
Queen Mining company.
The Nipissing Mining company of the
Cobalt Ontario, district has declared a
8 per cent dividend, payable on July 20.
Col. j. l.. Hackett and Mr.. Work
from Louisville. Kentucky, who are
shareholders In the Ohio Kentucky
mine at Phoebe, expect to leave for the
south tomorrow night on a trip OF ln-
spection,
S. NJ. Levy departed last night for
Beaver county on mining business.
The ore and bullion settlements re-
ported late yesterday by Mccormick
Company were as follows Crude ore
and concentrate, $4,000; base bullion
5000; gold bars $4,000.
ore shipments are about to be inau-
gurated from the Black Warrior prop
erty located near st. George, Washing
ton county d. c. Williams. one of the
owners. came in from the south yester-
day and viii remain until after returns
are received from the first lot sent 10
the smelter.
The Nevada Bonanza Mining COM
pany filed an amendment to its articles
OF Incorporation yesterday increasing
its capital stock to 100000, and MAX
ing shares at par value of 81 each.
nj IN
FL Paso and Revenue claims in the
Mason district. New.
The Reliance Mining & Milling COM
panty. operating in the Bullion district
in Nevada. began business about year
ago, and is shipping ore now at the rate
OF about a car load week, The prop
erty has oeen equipped with an air
compressor and other modern mine
machinery.
Bingham Con stock has sold as
low as $3.50 and eastern stockholders
are beginning TO wonder what is the
matter. Some complaint has been
heard that the company has furnished
no reports and there are various opin-
ions expressed as to the monthly earn
Tugs of the company. Some say they
have been as high as $4,000 monthly.
while others declare that some months
during the past year scarcely more
than $4,000 has been made.
The Uintah Mining & Placer company
has filed an amendment to it's articles
increasing its capital stock to 100000
with shares at par value of 81 each.
All old stockholders will be given eight
shares of the new stock for the one of
the old which they hold. The company
has recently acquired eight Traditional
claims known as te Blue Point Bar
placer claims in an unorganized dis
trict In Uintah county. The value OF
these claims is placed at slT5,o0O.
Ben r. Lloyd Is in receipt of some
pleasing news from the Seven Troughs
district in Nevada. He states that some
sensationally rich ore has been opened
in the property of the Seven Troughs
Buckhorn mine at the bottom of 145-
foot shaft. The Seven Troughs Vernon
Mining company, in which Mr.. Lloyd Is
interested owns an adjoining property.
Between the town of Vernon and Signal
Peak property, three miles north. Mr.
Lloyd says there are no less than is
shafts going down.
Broker William II. Tibbals has re-
csived letter from Ernest ]. Waugh,
formerly an employee of his Office, but
who gave up his position to seek for
tune in Nevada about three years ago.
Informing him that he has been out
on a prospecting trip for the past two
or three months. He began at Cali
ente and made his way north and is
now reconoitering in the vicinity Of
Elko. Mr.. Waugh expects to come TO
Salt Lake about the first of next
month.
George Il. Coke has returned to Cali
ente from New orleans, where he has
succeeded in Incorporating the Piute
Treasure Mining company there for
100000 shares: his associates in the
southern city subscribing for 100000
shares. The mines are about IL miles
southwest of the Old Groom mines in
which Tom Osborne was a large owner
and conceded by mining engineers TO
be the largest silver-lead mine in the
west. Selected samples of the Piute
Treasure properly assay 500 ounces
silver. a force of men are now at work
In the property.