Salt Lake evening Democrat. [volume] (Salt Lake City, Utah) 1885-1887, 1886-12-07
BUSINESS AND MINING NOTES.
Alaska Gold Mining Chicago Metal
NIarket-The COmstOcks-Misc
Ianeous Mining Items.

A correspondent OF the CNtCdyO MHtHJ
Revie,v says: "The Alaska Union Com
pany, OF Boston, Mass, 7. S. Newell,
president, and A. G. Howard, treasurer
has concluded contract with the Union
Iron Works, OF San Francisco, for Il 160-
stamp mill, to be erected at their mines
on Douglas Island, Alaska. The mill is
expected to be in operation next May.
Their property consists of two claims, in
all 3 ZOO by 600 feet The reef OF gold
bearing rock is 400 feet wide. Some 500, 900
| tons of orehas been uncovered and tested.
1t assays from So to $25 per ton, with an
an average of $13 The ore is free mill
ing with large percentage OF gold. The
concentrates are very pure sulphuret,
containing from $40 to 1925 to the ton in
gold, and can be worked at a cost of So
to the ton. 1t is predicted that Douglas
Island will become the largest mining
camp in the world.
Quotations from the Chicago metal
market, reported in the Review, are as
follows:
Lead-In lOO-ton and carload lots,
$40.
Copper ingot-Lake, II to II per III. ;
| Western, . to SO per 10.
Base bullion-The following prices will
be paid by the Chicago Smelling and Re-
filming Co.. Lead, $40 per cwt. silver,
9334 per OF. gold, 500 per OF, The feel
ing is that silver and lead will in the
future tend upward.
The Alta California OF the 9TH inst.
says of the comstocks: The news re-
ceved from the mines during the last few
days has been very meagre, but what
little was received was of Il favorable ma
ture. The shipments OF bullion from
Con. California have been frequent and
OF large amounts, and dividend is anti
cipated at an early date.
From the Southern Utah Times OF the
4th inst. we clip the following: Charles
Lammersdorf made nice shipment OF
flue dust from the old Horn smeter,
which netted himself and Olsen Il nice
profit. Charles now owns the entire
dump, he having purchased it for $780,
OF l.. Holbrook, who made money out of
it, and he Lammersdorf) is firm in the
belief that he will take plenty of bull
lion out of the mass notwithstanding
the fact that it has been raked over time
and again. North Star mines are being
nearly all worked by chloriders who are
doing well. Jerry Tippoody and Tim
Murphy are sacking 250-ounce ore.
Tobler & Nelson are working the Rose, a
good mine near Shaunte, the property OF
Mcnamara & Lindsay. The workers are
making carload shipment of fine ore to
the northern smelters. The Carbonate
concentrator continues to jig out plenty
OF bullion for the Buchanan Company.
This old tailings dump has been bo-
nanZa for several lessees and the indica-
tons are that it will produce other for
tunes.
The Mter-MOuntuin of the End inst
says Thus far the Anaconda smelter has
employed $50 under the new regime,
says the Reciew, and the number will be
increased from day to day as required.
The RsrieW adds: 1t will be remem-
bered that the works are operated on Il
new plan-that OF gravitatiom. This can
be managed without the employment Of
so many men. At the same time the
company expects to give work to as many
as they employed before the present
change was made. The company has no
idea of diminishing its output. If any
thing the output will be increased. With
the starting up Of the concentrator in the
spring the number Of men employed
will be greater than ever before.