The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1891-11-26
MINES And MINING.
The Showing Made by the Cen
tennial-Eureka.
ORE AND BULLION RECEIPTS
Lead Remains Steady at $3.50, and silver
Rises Halt Point-GeneraI
News.

fA1 Iuo auuuSl leetlDS OF Tue centennial
Eureka Mining company 16, 225 of the 30
600 shares were represented. J. f. Wood
man was chosen president; j. E. BAN
berger, vice president; w. w. Chisholm
secretary and treasurer; j. F. Woodman,
j. E. Bamberger, w. w. Bradley, and c.
w. Bennett directors. The financial state
ment showed cash on hand September 1,
1871, Sl79, 1854 The ore sales for the nine
months from Septemb r, 1890, to August,
1871, reached $685., 413.6S, October, 1890. be-
Ing the biggest month, 1923, 592, and August,
1871, the smallest, $9,797.34. The interest
on deposits was &, 5U0 cash from sundry
sources, Sc, 1881. making total receipts of
soi4, 35S. 43. During the nine months the
DIVIDENDS have reached the magnificent
sum of $1,000, S44, $50. 40 has been paid
Tor labor, and numerous other expenses
were reported. The cash in the hands of
the treasurer is s54, 6SS.59. The mine is
reported as being in splendid condition and
prospects growing brighter every day.
ORE AND BULLION.
Mccormick & Co. reported Yesterday:
Silver and lead ores, $3.50.
Wells, Fargo q Co. received: Bullion,
s4,4I2; ore, s., 4O3; silver bars, S72, OH.
THE MAYFLowER.
The Mayfower, of Park City. continues
10 send steady shipments. Over one hun
dred men are now employed in and around
the mine. The daily output, in dollars. is
placed at an excess of 500.
THE SILVER KING
A new air plant for furnishing condensed
air III the shaft is being put in at the Silver
King. This property is making rapid
sLrloes. twenty-five men are now en-
nl0Vad n hof
three shifts OF men are kept constantly at
work IN the shaft, which is now sunk 7OJ
feet, and at present they are drifting OIL
insure found at this level. They are seek
the same vein which is being worked in
the Mayhower, and feel sure OF success
Miner.
CONCENTRATES.
Lead, $3.50; silver, 945S.
Sixty-three tons came from the Swansea
yesterday.
Two hundred tons of concentrates came
In from the Anchor yesterday.
A shipment came in from the Highland
yesterday.
There is said to be revival of mining in
terests in White Pine district.
Heavy SHOWS fell in the Wasatch range
yesterday. Miners down from the heights
say the recent storms have caused the clos
Ing down or many prospects.
A shipment came in from the Sampson.
The Eighth OF January had small ship
ment.
R. H. Cabell, j. w. Power and J. F.
Major were probably three of the best
humored men IN the city yeste day. They
have been doing assessment work on the
Ella m ne in Dry canon, Ophir. and this
week, IN the face of q sixty-foot tunnel
th9V vel 0f
In width, several inches of which is of high
grade, while the remainder will probably
do to ship. Four samples were tested
yesterday by Prof. Hirsching, with results
as follows: No. 1-3S per cent. lead. 81. POS
ounces silver and trace of gold; No. q
5.5 per cent. lead, 27.71 ounces silver and g
trace of gold: No. 3-10.25 per cent. lead
and 729 ounces silver; No. 4-5l.0 o. ounces
silver and trace of gold. The gentlemen
will return to the property in a few DAYS
and shipment of ore can be expected
soon.-J0uTnQl
Snow In the mountains near La Plata
mas entirely stopped prospecting.
The shaft of the Mineral Point has now
reached depth OF eight feet. The outlook
Is reported as excellent the cabin, which
Will serve as a protection to tne miners
during the winter has been completed.
The Alliance assessment is due and pay
able January 9th
The Jupiter tunnel Is now in nearly
LOCO feet. 1t is expected the vein will
shortly be cut.
Work on the mill of the Sewer Mining &
Milling company, near Marysvale, is being
pushed ahead as rapidly as possible Su-
perlntendent Belding, a few weeks since.
promised to have the first gold brick In
this city by December l. This is now
thought to be hardly probable, out the 18th
will doubtless see the gold here.