Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1893-03-20

meet their operating exprutoi, au !
Tue owners We're i0fcrd 90 the couciu.
sion That they wtlu cxh1ustinr their
rich bHuits ni nrU in the pnymuut OF
Wc'T expenses with no ur0iit ur prsB.
pcct OF VrIut o. Themselves, aud they
have arrived al The conclusion that u
lf brllsriur them % lut the ore remain
iu the vriu until a better price for sil.
ver prevail. Even cul IN the miners
wages To- the schedule OF So yer day
ihit l8 prevailing Ia other camIs would
h1t have rUtuliui Ina profit satisiaCto.
~ 90 the company, otherwise prop1'
siilpn " this hind would havr been
tuami tel 10 the miners before closing
down. How long this immunBn prop.
rIiy VIII remain In this condition it Ia
unable TO say, iurtn this matter Mana.
gur AEufa could give no Information.
rhn properly has been worked since
1858 by Tvs present owners, has paid
millions OIL dollars Tor wages aud pup.
plies.
MOTIFS.
Just at the present time the outlook
Tor n lively summer for parE CITY IN
quite nstterinr, both a. iegsr IL i'm.
pfovemvnts and business, Gays the
hcoDTd
Bsuntliul Clipper The claimants
on the Call anu fOlman mine, which
h located In Wsrl canyon, are busy
digging niter precious metal. Carlos
CAL claims the honor Of being superin.
tendtnt at the mine.
The 5inpetc County Real Estate
company has been incorporate with
q capital ol S2b,OJ0. The headquarters
of the Organization are ut Mt. Pleasant,
but II Is intended TO have the capital
stock distributed throughout the
various towns In Sanpete.
q. a. Smurthwaitu, 40 rotary Of the
Ogden Business Mems association, has
made request Of the Utah manuiaC.
lurers that they furnish him with n
list Of all the goods they make, the
capacity Of their factories, and n re-
port Of their products.
The Queen City Roller Mill com.
pany has been organized at hit. Pleas.
mt, Sanpetu county, with capital VI
$4,000. Tho incOrpOratOra are Hansen,
stalker * Co, Lew B. Reynolds, Geo.
w. Day gnd Mts. Ida G. Johnson. IL
10 expected that the new mill will be
running by September LIST.
James Notary, OF Beaver, says
that the people OF that section nutlcl-
pate strong miuing fever thore the
coming summer. The gold finds arc
rich, hud Mr.. McGarry ia confident
that there VIII be lots OF money made
ia the Beaver mines in tho near
future.
Boise Spokesman; Edward Darby
and Herbert Long arrived Saturday
evening from Mineral. Tho gentle-
men report everything quiet Ia that
camp. The present price Of silver and
the Encouraging outlook for the white
metal has caused much depression In
mining circles there. The now Lang
smelter Is completed and ready for
business.
Mr.. Z. ]. Cole Of the Phoenix Ma
t!onRl bank and late Of Denver, Colo,
returned Friday night from the new
gold strike In the Plamsa mountains,
Arizona. His report IN that the ore IL
good, but II II all float and no well de-
fined ledge has yet been struck. The
formation IL slate, with narrow seams
Of quartz and all the water used has to
be hauled for miles, therefore he nd.
vises burso proapectors not to attempt
tho trip.
Logan Journal We have been in
formed by Mr. j. IL. Davis, OF thi
| city, that three mining locations
called the Mahogany, Rising sun, anu
| No. 7, situated at the head Of Logan
canyon anu owned by Ogden and Bear
Lake parties, have been bonded to
| Salt Lake company for tho sum OF
! 100000. The report 10 genuine as Mr..
Davis hne seen the papers OF agree.
munt between the two parties. Other
mines, or portions Of them, are about
| 20 change hands, so We are informed.
Don O. kimball, foreman Of the Rich
| Cache copper and silver mine came
over from Meadowvlllu the first OF the
week. He Ii In excellent health and
spirits aud believes that the company
has good thing In it, Rich county
claim. Don saya they arc taking out
some ore Ut very fms character and
that the indications get better all the
time.
SALT LAKE CLEARING HOUSE.
Tolay's clearing house exchanges
amounted to s272,0je; same DAY last
year 1881 1887 Decrease s5s,776.
TODAY's QUOTATIONS..
New York-SilvcEsal i; lead, s3.97l.
London-Silvot, 81 !.
ORE And BULLION.
Wells, Fargo n Co. received today:
MiugC bullion, s0l6s.
Mccormick q co. received today:
Silver and lead ores, $500.
W. q. NJ. Steward had In for assay
ono lot OF Centennial. Eureka ore, so
tons, and ono lOt OF Ola Jordan and