Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1893-07-01
THE FEELING BETTER
Soma Of The OrdeTslOr Closing Mines
are RISCildGd.
t;cneral business Prospects Bright.
enlng. The Real Estate
Excnrslon. Notes.

The worst IL past That is the
General feeling among business men
toJay, and the outlook for financial
Interests has Enlightened to a remark.
able degree. Matters have assumed
a most favorable tone, aud everything
now has a hopeful appearance.
The fret the large local institutions
TO come In with IT, July dividend was
Zion's Savings Bank aud Trust com.
pany, which started In Mt the opening
hour today paying out the $4,000
which represents an eight per cent
dividend on 100000 capital, payable
todny. The placing In circulation Of
Ibis sum Of money will OF Itself have a
very beneficial effect. The Home
Flfo company and several other large
dividend payers will como along In
tholr order between now and the 10TH.
The mining interests are also feeling
the benefit OF the improvement. The
marked change may be indicated in
our Park City correspondence. A lot.
tsr written last night was not Of a
cheerful nature, but telegram 10.
lay isoi the most hopeful character
TIE news In the latter should be- read
before tho former 10 consulted.
The news ot the rebound Of oliver
To 40 cents today Ia accompanied b.
luv announcement that the great silver
producing mines are not going %
-rut down. The Anchor and Silver
Aluh oil Park City, resume
ul once with iull force.
hr iulli0n-BCck has also altered ito
ilut determination rad will continue
u' Tie present. II will close on the
1afih, Tor the holiday, but IN matters
D. 'nd VIII probably resume a. aeon NJ
thv h0iiduy Is past. Nit. Brck said
Biay "Wtlh this condition Oi i'm.
lFUNcmont, l do not think we viii
close down at all We will jlst stop
iur the Fourth and then 80 on, anu
tuAt TO tue iu.ute. | think everything
"iil be hll right now, and that Con.
Eggh Will givous ruliui whom II meets,n
HEAL ESTATE EXCHANGE
The Real Estate Exchange held lts
huaucus Meeting this afternoon. The
A,s. item was In relation 30 the *.
Change excursion. There was a Sigh
discrepancy between the exchange
report ana that OF the railway of about
$50, lud this was referred q the ok
UuuiOn committee 20 come 10 an uu-
dtutaudint the TX change mUmheratU.
lftCAtol the attack that nRd been made
On the railway, anu denied any rcspon.
sibillly therefor All thiuga with the
excursion had moved without \ jar,
ami they were confident that the
hUttlemcnt would DO Hnus UCtOry.
g.. l.. WautlAnd Introduced couple
Of resolutions, which were adopted
unanimously. one was 10 invite the
Chamber OF Commerce, Business
Meme association anu Manufacturers
Exchange to unite Ia collecting manu-.
featuring aud commercial a,atlstlca Of
the Territory, aud tho other was 10
arrange plan for bringing excur'
eiOus here from Idaho, Colorado,
Montana and elsewhere, and 10 spread
the news OF the advantages Salt Lake
has to offer TOT investments.
Tho report Of the advertising COM
mlitee was considered, and the meet
lug adjourned.
TAKING OUT COPPER.
Special DbpattA 70 ne news.
CAsrER, Wyo, June 20. - John
johnson aud Abe Nelson aIu taking oul
r0me rich copper iiOst from their mine
on Casper mountain. They are uowh
tGty-tnrts feet Ia the SHAFT anu VIII
continue work until they get through
tUo limestone anu any otncr stratum
which may lie ON top Of the main body
Ui copper ore.
NOTES,
j. n. Adams, OF LoTing, Alaska, re-
uoits tho discovery, uear That place. Ui
an leland OF rich gold quartz.
The Grizzly niue In Little Cotton
wood canyon, In which "A good strike
was made on "Wednesday, and which
had entered the list as a regular ship
Ter, will not close down for the present.
unless there IN n change Tor tue better
Ia the silver market IN short time
however, this determination may be
recOusiduTed.
Lehi Banner. W. +. Butt has left
tho store anu Ia now In the Wtet
mountains working his prospects. lie
owns some fine properly which only
uuodH developing 70 become valuable
Ills brother, Newburn, Is Interested
with him. The new mill recently
erected Ia the Camp Floyd district II
NOW running. We understand thai
the Mnrour mill N now clearing up IN
tie ucighbofhood OF 1900 per MONTH
VIM. Brown, OF Santa Rosa, Cal,
,pp0fts having discovered an Immense
lr. cont OF yellow Orher on hih raurh'
i.p deposit extends over the entire
.rra o, sevsrnl hlllt5ps, win ouly
,un covering OF soil. Tho depth OF
,It, 4,prst has not been nscetlaiueu,
.ntlt rs known 10 be NJ least Ten feel
Artelnn rcd IL also found IN large
.glua.,utB. The railfoau company
ArIt "a side track aud a large mil 10
Alrp erected. The hrst shipments
NI na made during July
John II. Hammond, who has been
rruernl manager Of the Bunker mn
und sullivan silver mines ~ our
u'Alrne, Idaho, has sailou lor oou'n
Africa. lie goes TO Juhhhhtsuutsi |
S.uli Africa, TO take charge OF lh'
prrAt gold mines Of BaTnNl hTu'heI''
lhttsaie eight Of these mines, Gun
,iayinga force OF 1900 men anJ run
,iur miis aggregnung 90 slallp',
Alr. Hnmuend Il 10 hulil hh9'"''
liltuf $50 damps. lie thinks JONAH
r.hurg uisrlct the greatest mlUihs
I,gion in thu world, and says thAt ius'
,rnr ID prouuted S25 ,OOO,ulO IN goiu,
q. W. Browlo Of Washington, DO,
.y1o ia renetal manager of extensive
sold mines soAn Of st. George, over
.no Arlgona liutu Mohnve county, y
making purchase Of n largo qnAhl'S |
OF machinery Tor uo mines nc u Ybet'