Salt Lake evening Democrat. [volume] (Salt Lake City, Utah) 1885-1887, 1886-12-04
BUSINESS AND MINING NOTES.
Good weather in the MOuntains-
Continued Shipments From
Different Districts-Assess-
ment Work Done.

The weather is delightful, the snow
in the mountains is settling under the
pleasant sunshine, and advices from
various mining camps in the more
immediate neighborhood OF this city
| show that our miners generally are com
fortably settled in their winter quarters
and, according to locality, are shipping
steadily or piling the ore on their dumps
preparatory to the spring movements.
Daily shipments from Tintic district
are estimated at $50 tons and from Bing-
ham at least 100 tons. Assessment work
on claims will very generally be done on
or before the first OF the year. as there is
a feeling abroad that an increased de-
mand for mining claims will come with
the opening spring season.
Utah men, and women Tor that mat
ter are interested in Comstocks, and be-
tween the increased developments OF
mines and the continual failure of stock
brokers, investing parties are kept
wide awake. 1t would seem that
on rising stock market, experienced
men with honest intentions ought not to
go bankrupt. The general public will
be benefited by the renewed activity in
legitimate mining consequent on the
stock boom.
The Wood River Times says: Andrew
Blume and j. n. McCarty, two mill
wrights employed on James Gums new
mill, on the gold belt, being laid off a
few days ago, to await the arrival of
lumber, concluded to kill time mean
while by prospecting an unclaimed piece
of ground adjoining. After coyoting for
about three days they uncovered vein
that shows a l9-inch streak OF rich gold
and silver ore that horns and pans we'll
They will develop their property.
The Homestake mine at Lead City,
Dakota, gives employment to 5000 men.
The vein is 300 feet wide, decomposed
talcose green slate running SIS, and saving
$3.50 on plates. The mine was bought in
1873 for 100000 by George Hearst, the
lately appointed Senator from California.
The mine disburses regular monthly divi-
dends OF $4,000 among shareholders.
There are 100000 in the treasury of the
company. The company has constructed
sixty miles Of water bitches and seventy
miles Of wood roads.
The King Of the West mine, saws the
Wood River Times, in Smoky, has been
bonded to j. b. Haggin, OF San Francisco,
for $4,000, to be paid on or before Jan
uary LIST, 1887, when the bond shall ex-
pire. This is as good as a sale, as, when |
ever one OF Mr.. Haggin's experts takes |
hold OF piece OF mine property at all, !
he seldom, il ever, let's 90 OF it. The |
price is very low. superintendent Childs, |
OF the Solace Company "a Haggin incor, |
porationl, left for San Francisco on !
Day, and felt very conf |
dent that he could return here within |
two weeks. |
James Barratt is getting in work on his |
big, low-grade mine, a $50, 900 upon which |
he has labored and which has been his /
bank account for fourteen years.
The Buchanan.McAulay boys, lessees,
are continuing the good work OF produc- /
ing something out OF material once cast
aside as worthless They have taken
twelve tons oisiXty-iour ounce ore, thirty
six per cent. lead, from concentrates or
iallings in twenty days. The supply OF
is almost inexhaustibe. Charlie
Holmes says he could have made a So
300 Oank account for the bows if he had
partner
Prospectors have found ledge oil thirty
ounce silver at Danish ranch.
Bailey, Nesbitt & Co. have Il force of
miners on the Bonanza and the Leeds.
aklng out ore for their teaching works.
Hessell-MaXwell teachers have sus.
pended operations during freezing