The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1888-06-03


about, and, as if to issue defiance to
THE HERALD's PRONUNCIATION, that tin
was the only one amongst the desired
and valuable metals not contained
among the mineral resources of the
Territory, claims that that desidera-
tum is in existence in the West Noun
tains. opposite the principal towns OF
the county. 1t is well established
that character of ore has been found
there which yields white metal under
an ordinary test, out which the assay
eTs. on a search for silver. pronounce
worthless. That white metal must pc
something of value. II it isn't silver it
is something else of use to the human
family. If it Is tin, it is better than
silver to the owners and the people.
The ore is very dark, we might say
black, although somewhat streaked
with lighter shades; its specific gravity
is HEAVIER than suphurets. and, since
there is plenty of it. it is worth scien-
ti6c analysis. which the owners pro-
pose to submit it to, it having been de-
termined to send it to the Smithsonian
Institute, al Washington, in order that
its merits may De established.
Sinking shafts through quicksands by
srti6cially freezing the sand and water,
and then exoavating it like rock has
been resorted to in Europe, and found
to work well. Large iron tubes are
sunk in the sand few feet arart. and
in these small tubes are inserted,
through which circulates freezing So
luton of chloride of magnesium. The
sand is frozen for distance of several
feet around the tubes. 1t then is hard
and compact, and can be broken up and
taken out in the same manner as rock.
Utah, near the dividing line OF COL
orado and Utah. are attracting consid'
cradle ate otion. The jet was but re-
Gently discovered. 1t has been tested
by experts, however, and pronounced
to be of the purest quality. 1t really
takes brilliant and lasting polish, and
is most beautiful when thus prepared.
A gentleman who recently arrived in
this city from Green River. SAYS that
efforts are being made to organize
company, with view Of working the
deposits, both of agate and jet. The
existence of agate in that vicinity has
been known for some time, but the Jet
is new discovery.
The north fork of the Provo canyon
has again come before the public as
the scene of another alleged big strike
This will be remembered as the point
at which gold was said to have been
found las. winter. Since that time,
several prospectors have been nosipg
around, and lately samples wHre taken
TO Provo. The american is the author
ity for the statement that an assay
made by Professor Talm7se showed as
high as 200 ounoe7 silver to the ion. AL
the samples have averaged about the
same, and, as a consequence, the own
ers are much eiated over the strikes.
They claim that piece of ore picked
out of the vein was SO full of native
silver that it could be seen with the
naked eye Quite number of old
miners who Lave examined the ore
state that it is almost worthless; others
assert to the contrary. Other assays
will be made. and if they turn out
satisfactorily, work will at once bs be-
gun on the prospects.
The majority of the Lodges found in
Seafoam and Sheep Mountain, the new
mining district in Idaho, are of dry and
free milling ores. But few lead claims
have been located.
Everything points to an early revival
Of the good old days here" writes a
gentleman at Phoebe to friend in this
city. "There is a generally hopeful
feeling, and bright future. We bplieve,
is in store for u.s."
Concerning trade in the east. Z. g.
Dun q Co. says: The outgC OF gold,
in view of the large accum mutation OF
idle money, causes no apprehension.
At interior points, money is scarcely
anywhere close, and at nearly all points
easier, but complaints of slow collec
tons do not diminish. The volume of
trade is almost universally uDsatis-
factory, but the unfavorable weather is
in most cases accepted as the chief
cause, and some improvement is re-
ported at Cleveland and Memphis. In
| Oregon and in South Carolina, excep-
tional reports represents trade better
than that of last year; generally de-
crease is noted VITA prevailing hesita-
ton. The volume of exchanges, 81
per cent. below last years outside OF
New York, shows increase at Chicago
Omaha, Kansas City, New Orleans and
San Francisco, but the decrease al
Boston is 20 per cent, at st. Paul and
Milwaukee 16 per cent. at Cincinnati
10, at Baltimore 8, at st. Louis anC
Denver s, and at Pittsburg and Detroi
7 per cent. At New York, as usual o
late, the decrease is considerable, bu
largely due to spe ulative changes
The tendency of prices has been down
ward, both fer securities and for pro
ducts. Vine vt has declined cents will
more favorable crop prospects, AM
sales of So 600 900 bushels here; corr
; has fallen 2k cents for the week, an
oats cent.
Definite, though not great improve
ment, appears in the dry goods an
grocery trades.
t The stock market has been depresse
> about 81 per share by gold exports, an
r. by liquidations in some prominer
> stocks, but vigorous rally began Fri
: day morning. Railroad earnings cor
q tinue decidedly satisfactory. But Gro
q o.ls ,vb;la ,,onro fav0rak,le do rf