Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1893-09-23
BUSINESS And MINES.
Honey Lenders Find In Salt Lake a
Good Field.
SAMPLES FROM A SEw COAL FIND.
Alter Governor NJ cCounell!- Paying
Placer Mints.-Yarious
Items.

thinks this "a n good field for those WHO
have money to loan. The doctor has
little spare cash himself aud as evi.
dunco u his conviction In the line
Indicated ho hai Invested gooily
sum In city bonds. lie regards them
aa asp'ondii inycstm mt ipr the capl.
iaiiti, In Wow Of the fact that they can
be purchaicd at heavy discount.
Nino'y.oHo cents on the dollar, with
accrued Interest, make Eve PER cent
city b5ujH, ts The doctor figures 81,
better investment thsn loau,ng money
at ten per cent. %, cDufse the city
iuiiefs by the depreciation o' IT, bonds
thr Ugh municipal cx,ravagance, aud
the Taxpayers have to 'o1t the bill.
IIE COAL riND.
Samples Of the coal found - miles
enc, % Salt Lake City, by
Mrssrs. sIIHey hnI schill, were
were Brought IN last night AMI
eubccicdto a satisfactory test. Local
capitalists have signinoi wiliinRness
To develop the vein and sec what there
l. In H. rue progress IN this hue viii
be- watched with great interest
AFTER GOV. 5I'coNNrLL.
Word comes from Collar, Washing.
/ ton state, that Buuiamin Burluudef,
receiver o. the McConneii.Cha
company, has begun suii against tho
members OF that corporation aud
numerous puflits 10 whom transfers Of
company property were made
/ lust PRIOR 20 the company be-
/ Ing adiudgcI insolytnL w. J. Nc.
/ C0nnuil, lcr.pr,sident u the com.
| psuy, BE- Governor Mcdonnell, OF
/ Idaho. Tho comp.aint III tho receiver
| alleges gross fraud on the part Of the
/ corporation. w. a. Mindus, secretary,
10 charged with making false state.
I mtnt u the condition u the company
/ 10 the creditors at tie beginning OF the
/ year, thus obtaining Hu extension OF
time aud further credit. Tue company
| owes $4,000 Ia Gan FmDuiscn aud
| $4,000 IA Portland, besides 500, 900 To
divers other creditors. Members OF tho
company are charged with ineorpUr.
atiug as Iatt Of "A conspiracy to sniff
from themselves liabilities for ueblr.
II D. alleged that the frml was insol.
vent before tue Incorporation.
MOTIFS.
A dispatch from Marcus, Wash,
says that the whole county there Is
excited by reports Of wonderfully
rich placer strike on tributary OF the
/ Kettle river. Two Chinese brought
/ $1,000 In gold, some OF the nuggets
! weighing SO, ami exchanged Il for
I currency. IN excited suspicious
aud settlers vt boundary Full, rushed
/ In and discovered the diggings that
! have turned the head Of every miner
/ aud ptuspcotOf m tue section. Claims
are being rapidly slaked and ars pay
lug from $50 TO 800 day to a man.
Denver NcpG In Utah and Idaho
\ the offers Ot ofe 10 the smUllefs, in-
| Guiding those Of this city, are bbcOm.
I ing literal, Many Of the mines which
/ closed Ia June nru ie.umiug operations,
aud with silver al 20 VI 50 cents, anu
/ some concessions from the railroads,
| they expect ~ run all winter. The
/ miners OF Wood River, llauo, have
made a proposition 10 the Union Pa.
/ eide to ship about hity tons day from
lnat district The CWur d'Alene
miues are raising about 1900 tons per
mouth, part Of which comes TO this
| city.
The weiser, Idaho, Signal has tho
| following; "Ficld GtJUms Is down
| from Long valley, where ne has put In
the last four months piping ON the
Grooms plRcrrs. The run yielded $500
~ the result VI three mems work, the
eNpeucei being about 500. The
| mines are about eight miles from Van
| Wlcg, near the heal VI thu canyon Of
I'd q Ha.NHH % NaUV
| viii yet prove 10 be- n very rlch sec
ton. Mi. GtoOms says that down IN
the canyon Two brothers found 4 proc
peot early last spriug but wnion
was unhandy 70 water. They con.
sttucttd small reservoir aud sue.
ceeeed In utilizing little snow water
for four weeks, during which time they
took out 5000. Tom Pficu Aud others
nave some ground near the GroOms
claim which prospects well but on
which water has not yet been brought
/ A large amount OF c1lufs can also hb
found near by In a Hat where no dump
! fr mluiug eau be- obtained. The bel.
{. Ok Is from two 20 four feet deep and
tlc pay streak of gravel ABOUT one foot
thick"
Idaho NatcmdH: Ben Solomo,
| William LiDuy anu III Beck have
| located soTre rich placer ground at tho
mouth OF Chickghuminy gulCh, which
/ they discovered lew days ago. They
are now digging a ditch to con.
/ yey water onto H. Mr.. Sllomo has
/ also found the continuation east OF
! tho ChiCkahominy vein, ioiuiug
a claim Recently located by MessrF.
| Libby aud Beck. The ledge IL large
aud the ore all prospects In FREQ gold.
| Mr. SOlomO will DO some Developments
work on Il soon. AS soon as there is
water enough TO run the Blaine mill
| it will be- kept rlnBing !or some time.
! I'D harrison, VINO has lease on tho
Luck Boy, has out considerable ore,
aud will get OutR good deal more before
| winter. Libby also has a good deal
out OF the ChickahOminy, which Will
also be miled. Charley aud Frank
Cooper have several tonssat the Buila-
10, which they will haul TO the mill.
The leases OF the Cleveland are uusy
.t work aud expect 70 have crushing
out before the snow comes. Inside
faOnlu the Boulder mill Will be run
mug. A man who came here few
weeks ago has discovered free gold
ledge mile north u where the Cen.
teryllle r0ai eros 90 thediyide botwesn
this place anu Henry creek.