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

The officers of the company are: President,
Moses Thatcher: vice president, John Beck
treasurer, W. B. Preston; secretary, w. ].
Beatie; directors, Moses Thatcher, John Beck,
w. B. Preston. A. E. Hyde and George @.
Cannon. A. E. Hyde is general manager and
w. 81. Smith mine superintendent.
THE CAROLINE.
The Coroline has been big producer this
year. 1t adjoins the Bullion Beck, and is
worked through the latter'S shaft. The mine is
| owned by John Beck. Application for the out
put for the year was refused, but there can be
no doubt but the Caroline was among the heav-
lest and richest shippers of the great camp.
THE EUREKA HILL.
The principal improvement made by this
famous property during the year was the cree
ton of an house with capacity of 600
tons. This is situated Immediately west of the
hosting works and the edge OF the dump.
tits most conveniently located the Union Pa
cifc switch running along the north side and the
Rio Grande Western main track on the south.
The building is solid and substantial. The
mine has yielded heavily during the year and a
great deal of development and exploration has
been done. The Shaft is now down to the 100
foot level, 200 feet having been sunk during the
past year. At this writing no ore is being
shipped, but it is being mined and piled up
probably awaiting rise in the metal market.
The mine employs all the way from 100 to $50
men, but being very close corporation exact
figures that are not to be had as to output divi-
dends, etc. This much however, may be stated:
The mine is in most excellent shape, and the
ore resources are as large, if not larger, than
they ever were.
CENTENNIAL EUREKA
Among the Utah mines that have taken sud-
den lunge to the front during the past few
years, is the Centennial Eureka II is easily
within the memory of all when the mine was
but promising prospect, and when stock, now
held stiff at S59, went abegging at 81 and 81 The
statement recently submitted to the stockhold-
ers showed that there had been paid in divi-
dends during the past nine months, $3.50 COO ana
there is every reason to believe that the show
ing made in the future will be much more favor
able than IN the past. In the spring. extensive i'm
provements will be ihaugurated among which
will doubtless be new and complete hosting
works, and tramway from the mine to the
Rio Grande Western road. Owing to the oca-
ton OF this mine away up on the mountain side
the wagon haul is necessarily of great length
and cuts into the profits or the company A
tramway of 1900 feet in length will obviate
this, however, and allow the ore TO be loaded
directly on the cars The improvements con-
100000 The ore sales during the year reached
the magnificent sum of 1880 57. 81 Since July
1890 there has been paid in dividends, $4,000 |
In July 1889, $3.50 was paid, making the
total to date $5O2 800
The DIAMOND
The Diamond is located just over the ridge
from and adjoining the Centennial Eureka
The company is Incorporated for $500 900. shares
Il each shaft house 40x6l has been lately
built, and a steam hoist will soon be placed in !
position. The shaft is down 10 feet. Two |
shifts are employed. Drifting will commence
at the 3OOfoot level. unless the vein is encount
cred before that depth is reached. The prop |
erty is right on line with the main belt. and |
mining men generally concede that the Dia-
mond has future before it. The officers are:
w. j. Shisk, PRESIDENT j. E. Oglesby, secre
tary and treasurer.
THE KEYSTONE.
The Keystone is on the same mineral belt as |
the Bullion Beck and Eureka Hill, and is owned |
by j. O. Packard J. II. McChrystal ct al The |
keystone proper is but narrow strip of min
ing ground lying between the Red Bird. on the |
east, and the Champion, OF the Bullion Beck
Champion group, on the west. The shaft sunk
to work the Gemini ground, was started on the
narrow strip, and consequently the whole group
IOOh tut IlILlc Oh Tue tGyStOle, while the is
being extracted from the north end of the Red
Bird and the southern end of the Gemini. with
strike 30 degrees west OF north, the same as
in the other big mines. The Keystone became
famous the season just passed for the numer-
GUS big strikes of very rich ore and has already
repaid its owners the cost of developing the
property. A few years ago the Gemini COM
pany bought the Voltare and Silver
Coin, two locations lying east of the Gemini.
and group of five other locations living north
of the Silver Coin that took in the lime and
syenite contact. The company sunk shaft
and placed large hoist on one of the group and
are now connecting this shaft with the third
level of the keystone by a drift that will be- so
1T is said, $50 feet in length. When completed
this drift will furnish splendid ventilation for
the whole group of claims and means of exit in
case of accident in the mine.
Next on the strike of the main ore vein svs-
tenn, John Beck has fraction of a claim called
THE GROWN POINT.
Mr.. Beck has shaft over one hundred feet
in depth and needs but to cross cut westerly
from the bottom of the shaft short distance
to tap another stream of dividends This is
evident from the developments made in the
Gemini.
Laying north of Beck's ground is
THE RETR1BUTIoN,
owned by Tone and Hopper. But little work
has been done on this property, but the York
vile, lying north OF and adjoining it shows the
same vein in 200 foot tunnel and the same !
bikes of ferruginous porphory and porcelainfte
that lie east of the big mines on the vein south
erly from this claim as far as the Centennial
Eureka. Next to the Yorkville
THE HYPATTA, 4.
the property of Sam a. Moore, of Provo, the
son of Tintic's first recorder. Then comes the
Colorado Belle owned by viii C. Higgins, of {
the Salt Lake Exchange Journal, and Major
Thomas M. Flynn, well-known typo
THE SHAMROCK
group, owned by w. L. Scott, of Eureka;
Robert Wetherill, of Los Angeles county Cal :
and Dan Swan, of the United States marshal's
staff, comes next. This property shows the