The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-02-20

mines. Wien the Young man found woodman
~ Brigham City he nd Just ten dollars III his
pocket. vhicn. however, was just 50 much more
| Uiial than Muudm'n h1d. they got crcdl
now yer Tor noIic 9n9 sone nroN,y;ons' I'm, nu
| arrived they found their man gone, aud the art
'Vuul tue shat c.ycI ~. me Lima ninei ny
| about IA iig A. q small bedroom and eighteen
feet dccu.fuil OF mud ard wafer. Alter pros
| pcctOr- had taken one good look al their prop
| ertV WuOlmau remembered that he had Tor
| gotten something al liiiEuam tiiy. When he
| came tack, in about ten days, Young CHISHOLM
| had the hole bailed out lhcH tney IouhI cvu-
PIC u chaps who i,9 The contract TO sink the
jones smith, a Chicago man, VINO was also pros
pcciing IN the cdh1 advanced the money to
v rri5r. capt. James NJ. DAY. advanced in money
| aud credit about SouJ, These advances were
| made Oh the usual terms that capitalists make
| ,titr poor men In the mining regions. II the en-
| tcrpri.c aled. the money WAS a loan. II they
| struck nine, Day and SDith were to have in
| ige,'- IN II. II was heads win, tails YOU lose.
| Chisholm. however, WAS glad 10 get help on these
terms. and Smith and Day were probably very
generous to furnish IT,. For these advances they
| aitcrwdrd received each ono-sixth interest 10
| the mine.
CHRISTENING THE NINE.
About this time the mine was named the
"Enma" from daughter of Chisholms, then
| little girl who kept writing and sending word to
| her brother In the mines to come home some
| authorities on this beet Insist on deriving
| the name from another and less creditahle
| source. This eymology. however Is furnished
| with a good deal Of vehemence by the entire
| family Of the Cbisholms. and rs It really seems
fel-onablc enough, see no cause to dispute II.
By the middle OF summer Chisholm had dis
| posed Of his farm. and in August or Sentember
| WAS able To send out $1,000 TO Utah. This was
| hls last stake and If the mine proved a fail
urn I've had no money and no home. His Eign
| ncighnors considered him gone clean DAFT
~ the mean time ABOUT thirty tons OF hoat"
| had heon gathered from the vicinity, and sold
| on the dump for $50 per ton. about the average
| price OF tow grade ore Win tho aid of
the solid rock, until n point WAS reached
about W feet below the SUFFICE finding on the
way vnly one small piece OF ore of about -
| pounds, winch. however was exceedingly rich.
| ABOUT the middle Of october. 1854, The work
men hr1ke through into a chamber Of solid ore,
| as II mterward appeared. about AZ feet wide,
! l2j feet long. and ~ feet hlgh. At this time,
however. and fer long tinc afterward. no man
! living could possibly form any idea Of the Size.
direction. OF value II the mine. one little fact
in connection with this shaft illustrates as well
A. whole volume would. the unccrta intv Of the
mining business. At the depth Of about 10 feet.
| ~ 1t WAS ait"rward learned. the seam which
! they were following lattencd from the angle II
| 49, To q direction almost horizontal From this
point 1t was not 10 feet, in the line of tho vein,
| minute, IT, nattrning WIS not noticed but the
shaft was kept on In straight line and struck
| the ore more than y feet under the seam. This
f.ct was not discovered TIL long after, when the
| chanhcr cine to ne worked out. Hut " the
miners had followed the seam. they would have
while. on the other hand, had tho shlpe
! Of the chamber hcen hut trne different.
| tue continued shaft would never nave hit n nj
/ all; the Emma une would never have been
! heard Of: the thi~huims and Woodlands would
/ have still been meauiCring the Canons and
mountain passes u the far West; and the Parks
| IN" Is Ntcrs. and even BOO Scnenck himself
would have lost their most enduring titles to
urNpREps or TONS OF TREASURE.
The rest Of the story NAV BE- briefly told The
NINE having been found, H. owners proceeded
/ To inv. susate Il. The shaft was continued on
| the s1u.e ptch. - feet into the ore. and no bot
ton found. Aoont !; feet into the ore, they
| west, without reaching the end, and about Is
feet IN the opposite direction to the wall. There
Ian ore. crossed In vsrons directions by solid
walls of SILVER bearing ealena. The latter. only,
WORTHLESS and allowed to accumulate on the
dump. IL finally pr. vel u hc the nest part of
~ rune, Us Hyin. from slOO u 500 perton;
Inc ore At once began 10 D. taken out In GOOD
quantities As tho Si2a e the mine increased.
more men could work. and good many tons OF
/ ore Ter day could very casily lie pulled up IN Il
| thait and when it Nodded In net cash gold. on
the dump, from sGlto si5o per Ton. very srrht
| knowiedge oi arithmetic Is sufficient - convoy
the in rosslon that -lyer mining IS no bad bu l.
, ne-s. This was doubtless tho Wow ot the case
tax an IN after days bN the shareholders OF the
Emma Mining Company Of London. Oltuitedj
! whose CNpcslln'e, however, would now doubt
/ less lead them g. add q th7t anothccm the use
/ III corollarv. while the .ilyor holds out"
This. IN December, 1863 was the condition ~
| the Emfua minc. IL Wa c4rrfiilv surveyed, and
! the probable direction ~ tho ledge determined,
II was then. IN February. 80 formal, loo tcd.
/ an the maine entered on the bOO~s of the dis.
t.t'. Jiv the mining laws. c'ch miner could To-
cat" only IN foot along this ledge with nm ahdi-
tiunel ,o0 icei 70 the disc ,vcrcr mis- regulation
/ however,, is always cVadei hY locating IN the
nlmrs OF other rat,i :. WIN act as dummies
afferward Transferring their shares 60 the real
owners. Three thousand feet along tho sup
posed ledge were located at once. - ~ Of which
were consolidated into one partner-hip. Of Will n
Wocduian and Chisholm owned so feet each
and Saith and Day 400 f. @: each. the other 900
being token by parties named Woodruff, and
! not consolidated with the other. until bought in
ty the Emma Company of London. The discov-
! ery OF the mine brought with II innumerablo
cms 81 t6e Old de NoStb az tine e ASa ca
one from certain James y. LYON, al NJ which
were finally decided in favor of the Chisholm
pMt,, OF else compromised.
ENTER BAXTER AND Park.
The value Of the property was, OF course. on
tirely unknown. That Is one part OF the mining
| bua iness: one never knows exactly what his
mine Is worth until Il ISN'T worth anytbinr 1he
true inwardness OF those mountains can never
| be discerned from the outside. Chances I'm
owner hip, however. began to take plac. from
es'i'n q value at different times can be gained.
Ab NJ March, $50, Chisholm and woodman sold
| nn undivided 4O feet fone sixth intercsr to
| Walker Brpthers, bankers. Of salt Lake City. for
:3lYol. TINS would place the value Of the whole
! cT r.were good business men, and this low price
! wn made partly from IN otives OF policy. After
/ NY hou;ht IN, the Walkers managed the nine.
| - this time they were shipping the ore TO Eng.
| l"nf forredgciion. During tho Walker Brothers
management orc to the an Ouht q mole than
a. 700 was got out and shiQped
| Wh.le The suits were pending between Lyon
ana the Mining Company. two mining specila-
Eyck approached the propretors and intininted
| u I they could "place " the mine In the Fast
! An arrangement was made with them and the
price Of the mine hxed at $l5Ol,Oo). They failed
IN thelr Efforts, but while IN New York these
parties met with Mr. Trenor W. Park and Gen
Henry Baxter. capitalists and Interested them
50 much that they afterward came out to Ttah
ana examined the mine for themselves. While
tntre tlev bought an undivided half interest In
the 2'4OO feet for $4,000 gold. which was pnid
one thlrd down. and the rest in thirty and sixLy
vs.. This puts the estimated cash value of the
mne IN ApIll, 1871, at S1jO.00O: or Including lie
whole 1900 feet located ~ $al7 800 or in rStind
numbers, say million OF dollsrs. All this time
they were working the mine vigorously, the
shipments TO England during the January pre-
ceding this sale having been over 3OOl tons
netting SIP per ton delivered In salt Lac CITY
40 making net Income for that month OF
$1,000
GINING OUR ENGLISH COUSINS A CHANCE.
From the time Of the purchase OF an interest
IN the mine hy Park and Is Xttr, they as med
the @n'ire business management, Walker Broth
crs fnntinuing TO attend to the local interests
y stock company was formed under the tile Of
the Emma Mining Company Of New York Its
Galllal stock was placed Mt $2,JU,OOO, OF which
fatA ana Baxter originally owned one fourth
eech' the rest beng divided among the old part,
htrs IN Utah. No certificates Of stock were
ever Issued by this company, tho accounts be-
ing keps like those OF an ordinary partncrshlp
farA anu BaNtor went on buyng M all the
otneE interests IN the mine, paying therefor