Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1893-07-18
MINING And MONEY.
Remarkably Rich Copper Orc Dis.
covered Above Logan
ONTARIO WAVES SETTLEMENT
School Bonds will be Rid On Later
Real Estate Business aud
Mining Items.

a report Of good news comes from
the north TO the stockholders IN the
Rich. Cache Mining company, who Gro
maze up principally Of business men
In Salt Lake and Logan. The COM
pany owns lot Of claims on the
mountain divide between Rich
and Cache counties. IL was real.
ICED that there was fine
prospect there aud development work
has been going steadily on. In one Of
the mines, the Daisy, considerable
work has been done, with results that
have proved most satisfactory. a voin
Of rich oro has been uncovered, aud
the owners are therefore iubiIant.
Joseph Kimball, president Of the
company, went up to eco what there
was IA view, and has come back with
some elegant specimens Of ore. Some
Of the specimens show almost pure
copper. Atsaya have been made,
giving so IN gold and 20 ounces In
silver to the ton, and II 10 stated that
the ore viii average IS per cent copper.
Tho mines are thlrty.f5ur miles from
Logan. Ills understood that the com.
pAny will not bs slow In developing
tho new bonanza.
ONTARIO WAGES SETTLEMENT.
An amicablo arrangement was
reached last evening in regard TO the
wages question at tho Ontario and
DAILY mines. The committee appointed
by the employees met with Supcrintou.
dent Chambrls, aud hel a conference
lasting some time. The situation Of
the mine owners was explained by Mr..
Chambers, aud the feelings OF tho men
expressed by the committee. The
various Issues were thoroughly dis.
cusseu, the result being that the terms
originally offered by Mr. Chambers
were considerably modified. ln6teRd
u twonty per cent reduction all
around, a compromise was effected on
IA ten to fiitosn per cent reduction. The
figures decided upon Gre 10 stand nj
the present condition Of the market, but
would bo Influenced by material
change either way In the price OF oil.
yer. Under the new arrangement the
men will continue 90 work. The "a
mon are reduced q $500, the 80
men have nf,y cents taken oil, and
the 81 men come down 70 $40.
No BIDS FOR SCHOOL BoSDs.
The city school bonds arc no better
{ IT In The way OF bidders than nro ,he
corporation bonds. The time for
making bids on the 1925, 900 school
bonds recently voted Tor the city
school .dis1Tioti expired yester.
DAY afternoon, but no bids
had been put in. IL was
stated, however, by representa-.
tives OF bond buyers that bids might
be submitted after the present financial
stringoncy had been relieved, but uu.
der the existing condition OF atlaira
the mOneyed men could find more
| profitable use for their cash than In.
vvsting In 8 per cent bonds. The Boar d
OF Education Will exercise patience
for u brief period, a. It In likely the
bonds will be taken at an early date.
THE CHAMBER SPEAKS.
The board Of directors Of the Cham.
Der OF Commerce helIa meeting ytster.
day afternoon at 4 o'clOok,at which the
ioliowi q resolutions we're adopted:
Whereas, The leading miniug men
Of Salt Lake City and Utah having
called mass meeting at ths Salt Lake
rheRter, Wednesday, July IL, 1893,
for the purpose OF considering what
action should be- taken regarding the
silver question, said Theater being
packed and several thousand people
unable to gain admittance, aud,
whereas, at said meeting, approprl Ito
resolutions were presented and unRni.
mously adopted:
Resolved, That the board Of dlrectors
| Of the Salt Lake Chamber OF Com.
merce most heartily endorse said resO.
lutions and the actions Of said mass
meeting, anu urge every man rectiv.
ing an Invitation from the executive
committee to De one Of the delegates to
represent Utah at Chicago and Wash.
ington, ID. O., TO accept the same even
though It be a sacrifice TO himself.
Resolved, That the attention OF tho
entire people be called 10 the neoessity
Of giving each his time and money TO
the extent Of his ability, to aid IN tho
Important work for which said dele.
gates aTe appointed, aud thereby retain
for Utah Territory the reputation
which she has Justly attained, and
gain additional laurels for the energy,
public spirit and lberallty Of her citi.
zens. A little money and tim0 well
spent at this particular crisis will &C.
cOmplish more Tor the general good OF
the people than at any previous In.
stance In the history OF our great Ter
ritory. BE II further
Resolved, That the board OF directors
Of the Salt Lake Chamber OF Com.
merce earnestly recommend to the
railway corporations that they unite In
securing transportation for the dele.
gates appointed by the executive com.
mittee 10 visit Chicago and Washing.
ton who gO TO represent the vital In.
forests Of our Territory.
MINERS AGAINST FARMERS.
The owuership Of the waters Of Car.
son river, Nevada, IL now the subject
OF very important lawsuit. For
many years Carson river has furnished
the motive power Tor driving the mills
that crush the ores from the ComslOck
mines. OF late years, however, the
waters VI the river have become Of
great value for Irrigation purposes, and
Ia consequence u conflict has grown
up between the farmers aud the mill.
mau. Tho Onion MIL and Mining
company, n corporation controlled by
the sharon estate, has brought eject.
ment suits In the United States circuit
court against lO5 farmers OF OTmsby
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