davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
QUEEN OF THE HILLS.

THIS is an Idaho property. but the
fact that its owners are all Salt Lake
men makes its prosperity of as much
interest as if it were located at home.
During the year 1886 the Queens out
put amounted to $4,000. The divi-
dends paid for the year were $780, 600.
the total of dividends paid 10 date
q mount to $751;, 500, 4 return of one dol
lar and half per share for what origi-
nally cost most of the investors not
more than Is or 20 cents. Besides the
payment of the above dividend during
the year 1886, $4,000 in machinery has
been added, and $50, 900 paid for addi-
tional mining properties.
The amount of development work for
the year has been about 8, 600 feet. The
mil and machinery plant is estimated
to be wosth $751; 600, at this date. The
total amount of ore realized from the
up TO the present time,
reaches about 5000, 900.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
EXHAUSTIVE. RESUME.
Railroads, Banks and Mer-
chants Unanimous
a.. ON THE JUMP IN BUSINESS.
The Co-op's Big showing-1he Onta-
rio-The Past Week-Sum-
mary ola the Mines.

Under the heading Of Finance and
Mining this morning THE HERALD pre-
sehts o its readers a comprehensive
epitome to the business status of the
community, a perusal Of which will
convey a very thorough idea of the con-
dition of the principal mercantile and
financial industries OF the city and Of
the leading mines in the various dis
tricts of this region. One fact will i'm
pros everyone who rises from the peru
sal that 1886, now drawing to a close
has been q greatly maligned year. In
the face Of a loug wall about hard times,
low prices for native products, unem-
ployed laborers, the occasional drops in
lead and the war on silyer-the fact re
mains that reliable figures from rail-
roads, banks and the leading mercan-
tile dealers of the city show an even and
steady rise in the volume of trade-a
rise that in some instances is so largely
in favor of 1886 and against 1885 as to
be astonishing that its effects have not
been more generally felt. That a de
cided improvement exists, and that most
branches of business in Salt Lake
while enjoying no transitory and icti-
tious boom upon a safe and
fairly satisfactory basis, must be evil
dent to everyone. sL aaL
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
THE CARRIE LEONARD

This mine is situated in the Little
Smoky district, Idaho, and bids fair to
become one of the big producers Of the
couBtry. On Friday last il was pur-
chased from its owner, Walter Clark, BY
Salt Lake syndicate consisting Of
Messrs. Swift. Chambers, Conklin, and
Boyd Park. The figure was not learned:
but as we have il from an authentic
source that the profits OF the mine for
excellent working condition, and has a
thoroughly equipped concentration built
upon il, il must be no slight sum. The
new owners will take hold at once and
commence shipments.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
THE MAMMOTH.

The Mammoth makes a very fair
showing between May lst and Deem
Der Slst, the time that it has been
worked, and one that would be quite
Satisfactory to stockholders were it not
for the clouds OF litigation which con-
nnue 70 hover over its prospects.
The total sales during the period
mentioned above have been So, 262. IS.
The expenses during that time have
been about SIS, 90. Sam Mcintyre is
actively experimenting the property,
and has from forty TO fifty men in his
charge. A great portion of the copper
ore exports named IN railroad figures
IN this department are tho Sc OF the
Mammoth out put which goes 10 Argo,
Colorado.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25

1he banking house of Mccormick &
Co. reports satisfactory years bus:-
ness, and makes the following heavy
showing. From December 1st, 1885, to
November Soth, 1886, the volume OF
business in the bank reached S45. 1885,
1876. As compared with the state
ment for the twelve months previous.
this shows an increase of 81, 600 900. Mr..
Mccormick states that the banks at
HALEY and Bellevue also give q very
large increase for 1886 over 1885. He
states that business is on satisfactory
basis, and regards 1856 as fairly pros
porous year in ell lines, though the re-
tail dealers, he thinks, can not show as
much increase as the wholesale.
At the Deseret, Mr.. Hills reports q
decided gain in the volume OF BUSH
ness for 1886. He could not furnish
figures owing TO the totals not being
made up until the end of the wear. In
the savings department the amount on
deposit at this date was $1,000 more
thst st the same time in 1885. and
$4,000 more than in 1884. Itwas. how
ever, $50, O00 less than in 1852, when the
labor11g people as a class had NOR
money than they have now. Both Mr..
Hills ana Mr.. Little thought that the
profits on general business were smaller
now than last year, but that the
volume had increased sufficiently TO
make up the difference.
At the Union National they could
only speak for the last half OF both
years, the institution having conn
menced business in June, 1885. Mr..
said that from July Ist to
December 3lst, 1886. their business
would be nearly double that of the same
period in the year previous. BE
thought trade was in very sound and |
healthy condition; there were few |
0r no failures, and merchants |
al seemed to be doing well.
At, T. r. yeres & Co.'s, Mr.. Jones
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
THE MERCHANTS.


4 visit 10 the principal mercantile
houses-the wholesale ones more es-
pecialIy-confrmed all the stories Of
the increase OF business in 1886.
The sales in the home department OF
Z. c. II. l., this city, for the eleven
months. ending December LIST. 1886
amounted 10 81, S27 ,565.T4; while for the
eleven months, ending December LIST,
1856, they were 81. 9S5 367 2l; an increase
in the eleven months of 1856. of $751;
1851. Messrs. Eldredge and Webber
stale that the out-of-town branches will
show apropo tomato crease. z. c. NJ. l.
it may be mentioned incidentally, since
starting in March 1859, has paid out in
dividends 81, 2I0,4l5 So. Dividends have
ranged from 5 TO 20 per cent. per an
mum. and the last was No. q, declared
in October.
S. P. Teasdel says that with all the
years forebodiDgs, cries of no railroad
building, low prices OF fruit. ETC., bust
ness has kept up abreass OF 1855, and be
thinks the figures at the close of the
year, will show that it was beyond.
Clark. Eldredge & Co. find trade at
least 20 per cent better in 1886 than
1855.
Spencer Clawson says there is an ap-
preciAble increase.
Remington, Johnson & Co. state de-
cidedly that their books show an in
crease of 20 per cent. in favor of 1SS6.
The Auerbachs say the volume OF
trade is considerably greater, but that
profits have not increased by reason of
the low margins necessitat-d by compe-
j ton.
Cunnington:& Co. are unable to give
any figures, but say 1856 is a much bet |
er year than its predecessor.
Barnes & Davis say there is a decided /
in favor of the current /
year. With one or two exceptions, all i
he other houses interviewed, give the
anne answer.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
BUSINESS CHANGES IN THIS SEC
TON.

Ashley-s. P. Dnlman, drugs, lately
commenced.
Brigham City-B. NJ. Young. -estau.
rant and store, about to open (; L. Gram
& Co, produce, adding merchandise
R. 7. Briggs. variety, just openins
Mrs. Emma Lungreen, millinery, Ius'
opening.
Beaver-Booth, physician, removing
70 Logan.
Frisco-John Fitzgerald, Southern
Hotel, lately commenced. .,
Kamas-Carpenter Brothers, saTnli-'
discontinued.
Kanab-Riggs. Brown & Stewart, j1s'
commencing.
Ogden - Lamont erik purchase
realty. s.. 500: Browning Arms COMPANY
sold out 10 Browning Brothers.
Park City-W. = Wiseman JeWe-s-'
selling out 10 leave; W. OtteUils-l.s..
succeeded by Mrs. Carrie Hirschni MAJ,
Georgs Waning. restaurant. close,
Charles Shields viii be succeeded
Shields Bro.hess. January Isl ).
enoir. turn tuse. added SEWING
chine elarrment. .s+
salt Ltke-Nielson Brothers IL
market, lately commenced; John I +
meat market. opened branch. %
grocery. lately CON tC,sI
silver Keef-Herbert CiafA-
closed.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
THE BANSocK.

Up to last evening. Mccormick & Co
had received advices of twenty-three
bars Of silver shipped from the mill, the
proceeds for eighteen of which had
been credited to the cempany's account.
the other i've being in transit on the
way to New YorK. Estimating the out
put at one bar q 500 ounces) for every
other day, there should be advices Of
three more on the road, making the
total number TO date twenty-six. The
eighteen bars sold thus far have brought
$50 600. the remaining five will bring
SIS, 900 more. making q total credit 10
this date Of about $i5 900 for the twenty
three bars. The next tweniy-three. OF
course, will run higher in value. owing
to the fact that the trst ten turned out
we're lighter in weight than all subse-
quent ones.
1t is not thought that the dis
bursements each month will exceed
81 800, and as the above show
ing indicates that the former esti-
mate Of $50, 900 output each month is
not too high there ought 10 be room for
8 hand ONE pr, ft The dividends, how
ever, will not commence so soon as
some OF the more sanguine stockhold-
ers had anticipated owing 70 the fact
that the cost Of the mill ran considera-
bly, above what was anticipated, and
the additional fact that the following
expenditures have been made for sup
will of cours suffice for
the next nine mo this or year, butfor
all Of which the Company's bank &C
count had 10 be drawn upon: Salt
s., 800; wood S12 coo: quicksilver, S. 500.
IL Is thought that the company will be
able 10 clear il elf of debt about the
irst Of February, when, with its more
expensive supplies assured for consid-
cradle period ahead, returns may be be-
gun 10 be looked for.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
THE YOSEMITE.

This property owned by Col. ". NJ.
Kaighn, consists of six claims, en-
bracing 200 feet or the vein with an
average width of surface ground Of
800 feet. There are between four and
five miles of underground workings in
the property. The lowest depth is
600 feet. The plant consists Of or
binary hosting works and two
complete concentrators, one at
the mine and the other in Butter
field Canyon, one and one-third miles
distant. The capacity OF the first is
seventy tons per day and that OF the
second, 100 tons. Both first and second
class ore is conveyed from the mine by
Halidie wire tramways, the capacity Of
which is eight TO ten tons an hour, and
the cost of which does not exceed Is
cents per ton. The ore bins are located
at Mill No. 2. The ID. & *. 6. Railroad
Co. has surveyed and staked a lie 70
Mill No. 2, and expects to build the five
miles OF track 10 connect in the
coming spring. The output Of
/ $50. was a little over 81, 800, eco. For
the twelve months of 1886 the produc-
ton will reach $3.50 tons, the average |
assay OF which is 50 per cent. and q frac- !
ton in lead, 15l1 ounces silver and l |
ounce gold. Worked at its full capacity i
500 tons a month can be tnrned out. /
The ore brought from S2S to $50 on this
so that the production FIR he
wear 1886 would reach about Sl25, CO...
The average force employed at the mine
during the year has been so men. The
average pay roll for the year, s., 600
The mine looks better than
ever at present and as the work pro-
presses downward the ore bodies change |
rom carbonate to ga'ena, but they in
crease In size and run higher in silver.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
THE MACKINTosH SAMPLERS.

The Pioneer Sampling Mill at Sandy
has handled about 5000 tons of ore
during the year. and employed on an
average about thirty men. Its capacity
is 200 tons a day.
The Park City Sampling Mills has
handled Is, 900 tons of ore-the output
Of the Apex, Sampson, Ontario, DAILY
and small prospects. Ii also has a ca
pacity OF 200 tons daily. 1t has en-
ployed an average OF eighteen men.
Mr.. Macintosh, the owner OF both
mills, states that the quantity of ore
handled in 1856 is about the same as in
the previous year.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
THE HANAUEE SHELTER.

The Hanauer Shelter, or the Morgan
as it is sometimes called, completes the
year 1855 with very satisfactory show
ing. Its output for the twelve month
will be 11,T41. 763 pounds OF lead. 9O3,s
500 ounces of silver. and . 375 ounces OF
gold, aggregating a value of 81 30. 600
AS compared with the twelve months
Of 1855. this is an increase Of 1000. 900
pounds OF lead, 30 600 ounces OF silver
ond 200 ounces of gold, or an increase
in value of about $4,000,
The smeiter, during the year, has en-
ployed, on an average, seventy five
men and its disbursements are about
81. go a month.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
TEE ALICE.

The first fruits of the silver decline
have evidenced themselves in the pass
ing of the regular quarterly dividend,
due December 1st, by the Alice Com
pany. The amount should have been
S25 600, but Mr.. J. r. Walker, president
of The company, states that il Is not
likely that a dividend will now be de-
clared until the next quarterly day.
Silver of late has been selling at fully
10 per cent less than in 1885, and that
amount on the Alice production,
means something serious. The mine
continues TO look well and the produc-
ton shows no decrease.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
TIE OVERLAND.

This property, which is owned by the
same parties as those owning the
Queen, is in excellent condition, and
Messrs. Conklin aud Horn say is just
reaching a dividend basis. They are
$50 feet down, and have two feet of solid
galena, the ore running much the same
as that OF the Queen OF the Hills, viz.
20 per cent. lead aHd from 50 to 100
ounces silver. A 50-horse power boiler
has been added, and ample hosting
machinery provided. The mine in the
same gulch is the celebrated Minnie
Moore. Il is expected that during the
year 1887, the Overland will make a
good record for itself.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
THE HoNORINE.

This property, so long the leading
producer of the Stockton district, was
frequently quoted during the former
part of the year, but of late little has
been heard of it. The concentrstor
has been closed down since the freezing
weather set in, and the force of men
now employed is dong little more than
development work.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25

This is another English property sit
uated in Bingham Canyon, and opera.
ted under the management of Mr.. Cul-
lirs They ere Ioy engaged on a deen
tunnel which Will run in 600 fest IA
cut vein. When finished the end viii
be about LOO feet below The surface
The mine above is full of water. and tbs
tunnel is constructed to drain it. Seven
men are employed, and the cost of ~
work for 1886 has been about $4,000.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
THE RAILROADS.

Astatement which viii tell at glance
something Of the story OF the improve
ment, is the report of Pool Commits
sioner Rich, of the Utah Traffic Asso
citation, kindly furnished by Mr.. Cope.
The report gives the total amount of
traffic done by both roads for the first
eleven months of 1884, 1885 and 1886, on
freight incoming and outgoing, on all
pool points to and from the Missouri
River; and though this amount does not
mean the whole trade of the roads, il
comprises 3 large enough portion of 1t
TO indicate the direction the whole
would take. Estimating the amount
for December IN each year on the pre-
vIous months figures, and We have for
each full year the following:
1894 1855 1857
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
THE APEX.

Mr.. Read gave the same answer con-
corning this property. Other reports
from Park City state that the bottom
of the mine continues to look very pro-
missing. and though only a small force is
employed, a fair quantity OF first class
ore Is being taken out each day.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
1854 1855
$50 i6sls si,4O6.s5i.99 s1.557.6

$4,000 W%tN~~fSe---~ n-feNs-ee--NN
A gain of II per cent. over 1885, and OF
151S per cent. over 1884.
Bishop Sharp, yesterday, stated that
the Utah Central earnings for the first
part Of 1857 we're fully equal TO those
for the same period in 1885; for the last
half they were heavier than for the cor
responding period in 1885, which shows
that the portions of the road not in the
pool will hold up the gain reported
above.
The following statement of the ship
ments of ore ana bullion over both roads,
from various points in Utah, outward.
compiled from weekly statements for
EHE HERALD, through the courtesy of
D, s. Spencer, shows that greater
amounts were shipped in 1885 than IN
1856. This is explained by the fact that
the Germania has been stacking its bull
hon for some time past, and sending il
out in the form o. refined lead, and
that in 1855 much lager ore shipments
were made west tina = in 1886:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25

be could say that business with them
Was much better than during the year
previous.
At Wells. Fargo & Co. s. Mr. Dooly
said there was very substantial III
crease in deposits, exchange and the
other features Of banking for 1886, and
he regarded business as in salts
factory condition.
.. Mr.. Schetler, at lions Savings Bank
said the amount on deposit with him,
was much heavier than at any time
duriur fgS5
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
THE PRINCE OF WALES.

This property, situated in Little
Cottonwood. and owned by the Walker
Bros. was closed down about November
18th, the amount produced not being
sufficient TO pay. The mine has been
worked By others since on commission,
but very little ore has been sent down.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25

MBER IS, 1856 -TWENTY-FOUR PAGES

belt. Shaughnessy and Groesbeol,
recently secured 4 bond on - nave
erty for something like $50 00 6o pop
until the ist OF October. 1857 TSSSo good
not attempt TO form a compsI-yyt VII
however. but Col. Shaughnessg mere
ready left Tor the east, where he Mn IN a.
deayOr to make a sale. All TIC , ~ En-
that the Tip Top ought TO bri1g1 "a. az Is
where in the neighbOrhood OF 500 99, ne
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
coSKLIN sAMPLINe MILLS.

These mills have a capacity of 200
tons day, and have been busy during
the whole of 1sS6. The amount of ton
mage for 1886 was not o5talnable last
evening, but Mr.. Conklin states that IT
is considerably in excess of that Of 1885.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
cREsCENr.

The HEE8tD recently printed a-fuiI
statement of the affairs OF this com
pany. and nothing of importance mad
transpired since. Mr.. Ed. Kimball, who
was seen yesterday. states chat a num-
Der of ore wagons are hauling first class
ore from the mine this week, the tram
wav having been closed on account Of
the snow. Crescent on thestreets has
sold during the week at "A cefits.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
Sl,653,6a4.$S
THE DAILY

The DAILY is everywhere regarded as
the twin brother of the Ontario, and ii
is no secret that the initial dividend day
is close al hand. Rumor has put it in
this month, but at the Ontario Office it
Is SAID the first will not be declared until
the annual meeting of the stockholders,
the third Monday in February.
In the meantime, the Days state
ment Of receipts from ore and bullion
sales for the,twelye months OF this year.
will indicate plainly to the fortunate
stockholders something of what they
may expect. The figures are as fol
lows:
Bullion sales ......................$52 $50 20, O5
Ore sales. rs. S55.5S
Total --.-.----..-...-..--..... 1859
It will be seen that the Ontario
pays about 60 per cent. of It's gross
product to its stock holders. III
the same estimate be made for
the DAly-and the management of
both is identical-it will be seen that
there is about $40. 600 during the year
that could be called dividend profits.
From this, however. must be deducted
the cost Of the heavy Improvements
$4,000. which includes the purchase
and reftting Of the new Marsac mill,
the tunnel work connecting with the
Ontario drain tunnel, etc. This. how
ever, would leave something like $780,
600 IN the Treasury. II is certain that
the company has some substantial
amount on hand TO commence
dividends with, and as the expensive
improvements are permanent and have
been Maid fOr a Clanca shous that Male
stock ought to be very desirable in 1887.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
FROM LEAMINGroN.

The first car load of ore from the new
district came up during the week: it be
longed to the Lyman Bros, and weighed
fifteen tons, but Of its quality we we're
not apprized.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
THE GERMANlA.

The bullion output of this smelter
has been stacked up in the yards of late
and no shioments made. Considerable
refined lead has been sent out, how
ever, Mr., Jones stating that he obtained
a fair market in San Francisco. Eighty
men are employed at the works, and
during the wear about 5000 tons of ore.
at rough estimate, have been put
through the smeiters.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
THE TRIUMPH.

The Queen and Overland parties, with
J. o. Swift added, are the owners of
this property, which is fast developing
into something substantial, and for
which its possessors entertain strong
hopes.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
TIE FLAGSTAFF.

During the year this property has
done little except in the way of devel-
opment. Prof. Vincent has kept half
a dozen men 1T work but no ore has
been sent TO the market.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
SALT LAKE sAMPLING WORKS

These Sampling Works, owned by
Frank Foote, have handled during the
year 1856 up to December 9th, Is,4O4,-
725 pounds of ore. The number of men
employed on an average is ten.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
THE JoAB LAWRENCE.

Mr.. Charles Read, secretary OF this
company, states that he has no figures
for publication, but that the mine had
done very well during the year.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25

cipaI owners, state that it is looking
weIl, however, and, that they entertain
strong hopes of it next season. 1t
turned out IN ore during the year lSS6
aS,,,,,f Sl0 nm
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25

ton lots have been heard of recently at
Sandy. designed mainly for the Cslifor-
MIA markets. The ore is of q fairly
good quality.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
ORE AND BULLION.

The ore and bullion receipts at the
various banks in this city for the week
ending Friday, December p, 1855,
amounted to $113,963 IS, against sIs6.
26o.1s for the week previous. They were
reported as follows:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
THE EUREKA HILL.

Despite the setback this property re-
ceiyed at the time of the BuIlion-Beek
injunction, it has continued to be a
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25
THE EVERGREEN.

This property, which is one Of the
most prominent Of the mines of Little
Cottonwood, has been shut down for
the winter The Grneshecks the min
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1886-12-25

THE REV. GEO. h. TIA = r. - I,
Bourbon. Ind, says: Both my 31I{S COZ
1rife owe our lives TO SHILoh ~ q.
SUMPTION CURE" FOR sax
n smith & Co.'S Drug Store