The morning call., 1891-10-31

Mining Company will pay dividend 90 of 20 cents
share, SSsNegatlng $4,000, making $37 900 paid
The following mining companies Of Montana re-
Gently declared dividends: Helena n Victor divI-
October; Hecla Con-, dividend IA, OF so cents per
share, aggregating 200 paid October Gath, max
dividend H. Of ST a share, aggregatlne SI25. 900,
payable November 10th.
found near Croydon, Utah, In welI-deined four
foot vein.
Near Soda Springs, Idaho. is a mountain of al
mountain from different points. and like the clown
says OF the whisky, il Is good all the way down.
The lowest assay from the El Dorado mine near
Swan Creek Bear Lake County. Idaho shows
thirtyseven ounces of silver aud ASSAYS of picked
specimens have shown az high as 1000 TO the ton.
A large number OF miners have arrived at Port
Townsend. Wash, from Alaska on the steamer To-
peka, and report good success In the placer mines
AT Silver Bow Basin $4,000 was taken ont In
day. Large gold nuggets valued at from $50 TO
$240 were also found.
Wonderful discoveries of blue quartz carrying
free gold have been made by Spokane prospectors
in the Seven Devils region, Idaho. As usual in such
the assays fabulous. running some
as hign as $4,000 per ton, but the average of
the group is $l47 per ton
vein OF ore has been opened near BountiviIIe.
Utah, from which assays have been obtained which
go nearly Sl5.OOO In gold and silver. The vein.
which is a mixture OF quartz and copper pyrites, is
over three feet wide, the average OF 1t being of
very low grade, but in the center OF 1t there is
half-inch streak which gives the high assay 65l
ounces in gold and nearly 80 ouaces In silver.
The Forest Hill Divide seems to lie coming to
the front again. and Judging from the Placer County
Herald the Gray Eagle will soon Join the divi-
dend-paying list. Speaking OF this prospect the
Herald says: From what we learn of the outlook
the next important mining development in
county be confidently expected from this prop
erty. There is no reason why so rich Il mine as the
Mayfiower has proved itself to be win sool be
making golden returns for the pluck and ergy Of
the men who have pushed 1t through the long
period OF development work. AT the pres
ent time Slope is being driven
down from the tunnel to find the bed of the
channel The flow OF water is readily handled
taken onto the Forest Hin Divide. The steam for
1t is brought down from the surface over 400 feet
above where the work is being done in the mine.
The arrangements for ventilation and drain age
complete, and everything points to the early tap
ping Of the channel. The formations being passed
through similar TO those found In the May
flower, and confirm the opinions OF experts that
both mines are on the same channel. The striking
OF gold in this mine Ill locate and prove the value
OF some five miles Of deep blue gravel chan
mel, half of which, owing to the shape OF
the country, only be worked through
the Gray Eagle tunnel. The managers
OF the mine considering the ACCESSIBILITY OF put
ting in an electric pumping and hosting plaut to
replace the present steam pump. The water pumped
from the mine will be used under 60O-toOt head TO
generate the electricity at point in the North Fork
Canyon short mile from the mine, and ample
power will be developed to do all the pumping,
hOisting and drilling required In the mine and
TO stamp mill II the gravel be fou1d cemented,
at the Mayhower. The economy the pres ent
steam plant for pumping ana hosting alone Will be
several hundred dollars month, sufficient TO
pay all the expenses of the change In six months
running.
Assessments Pending.
The following is list OF assessments pending: