The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1891-12-25

group OonsISuS OF several claims owned by the
Park City company, of which j. L. Street is
president, Frank H. White vice-president and
Charles E. Street secretary and treasurer
The company has 10000 shares of working
capital in the treasury which it will dispose OF
to develop the property. 1t was worked under
lease for time this year and shaft was sunk
sixty feet, but the lessees disagreed among
themselves and quit work A numb4 of veins
exist in the property but no pay ore has been
discovered. Capital is needed for development
OF this group and certainly great inducements
can be offered for it's investment.
THE ALLIANCE
Work at this mine has been practically sus.
pended until the spring when prospecting op.
erations will be commenced on the diamond drill
system. The tunnels have reached distance
1900 feet. There are ten or twelve men en-
ployed on the upper works extracting some very
good ore. That part of the work is self sustain
ing. The company derives very considerable
revenue from the sale of water to the other
mines which are located on lower levels than
the Alliance. The total revenue of the COM
pany at present from the upper works and the
sale OF water is about 5000 month. Their
total output of ore for the year aggregates
about SD coo worth The Alliance company was
organized three years ago. Since then S3O0OO
has been spent on the mine. Hitherto it has
not been at all successful venture, but there
are indications which encourage further pros,
pecting operations.
THE JUPITER.
The Jupiter, during the past year, has ex-
perienced new life. Through the tireless eff
forts of Charles E. Street, manager who has
unbounded faith in the property, the company
was persuaded to resume work and develop the
group at depth The Nellie tunnel has been
9r,r,d osEe
SCI feet besides drift to the northeast, sixty
six feet. AT distance of S27 feet from the
mouth the vein was encountered. 1t dips to
the southeast at an angle of 60 degrees run
ming northeast and southwest and is twenty
seven feet between walls. Four lateral ore
chutes have also been discovered, all trending
IN the same direction as the vein and widening
on their dip. On the footwall of the vein is a
seam of low grade ore, but taken as a whole
the vein is not productive. Further develop
ment is necessary, and so pleased is the com
pany with this years work that it has decided
TO vigorously prosecute development next sea-
son.
The Jupiter company has seventeen claims in
Its group, which is located at the head OF
Thayne's canon. 1t was one of the early pro-
perties, having been discovered in 1874 1t
made fine showing on the surface, ore to the
value of $4,000 having been taken out in the up-
per works. The present workings are 44O feet
below the outcrop of the vein, and will give SIS
feet of STOPPING ground.
The companyhas capital stock of 10000
shares of the par value of $50. Its
officers are George F. Wright. presi
dent; c. E.. Street, vicepresident and
general manager; W. Siedentopf. secre-
tary and William Moore, treasurer. All
but Mr.. Street are residents of Council Bluffs,
Iowa.
The past year has proved that the Jupiter has
bright future, making glad all its stock
holders.
THE PIONEER.
The Pioneer is one of the old-time properties
having been located before the Ontario, and bv
two of the Ontario locators. George W. Pear
son, '49er" purchased it, and for years has
steadily worked away, opening it up until now
he has one of the best undeveloped properties
in the camp. 1t consists of number of claims
lying upon and on both sides of Pioneer hill
southwest of the Anchor property. A number
of tunnels have been run, and all show more or
less ore A tunnel is projected to cut the hill
at depth of LOCO feet. There is no doubt but
that this tunnel will demonstrate that the hill
carries rich vein Its location makes that al
most certainty. The Pioneer is in the hands
OF company, but the contr OF is held by George
w. Pearson, and by him all the recent work
has been done. An examination of this prom
erty will prove to anyone looking for an invest
ment that only success will attend proper de.
Yelopment.
TIE ROSEBUD.
The Rosebud is owned by Smith Ehenger and
others, and lies west of and adioins the Anchor
1t has been developed through different tunnels
and in one especially, the Rosebud tunnel.
fine vein has been cut. Working single-handed
hon hos IL
value, and is now DESTROYS of interesting others
in its development. The fact alone that il lies
adjacent to the Anchor, in the line of the belt
Is sufficient to attract attention TO the property
1t consists of ten claims, most of which are
patented Considerable work has been done
during the past year in the way of DEVELOPMENT.
but the property is now closed for the winter
Work will be resumed in the spring.
THE APEX.
The same old story is to be told about the
Apex. 1t has been worked little by Iessees /
and some ore has been shipped. The company
either does not seem to appreciate the value OF
the property or is too poor to take advantage of
its wealth. The Apex lies south of and adioins
the Crescent, and that the latters big vein
passes through the ground is not conjecture-ir
Is fact. Why the company does not 90 for
this vein and work il, is a mystery. During
1891 Messrs. Varcoe s. Flindt and Morley s.
Nichols worked the Apex under lease and dur
ing their occupancy did WE'LL but the lease was
not satisfactory and at its expiration it was not
renewed The mine is now idle, and when work
viii be resumed is not known.
THE GEM.
The Gem is owned by a. B. Richardson. II.
Schenck, c. Hirschman, James Duffy, James
Mara and P. Brennan. II lies in Thavne's
canon, on the hill opposite. of the Crescent. ad-
joining the Com stock. 1t has come to the front
during the present year, an 1S-inch vein of sec
ond-class ore having been uncovered James
Duffy, one of the owners, has worked it under
lease and has made number of shipments of
concentrates. AT present the property is idle.
but it is Mr.. Duffy's intention TO resume work
st an early date.
Do