Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1893-06-23
BUSINESS and MINES.
Tho Local Stock Market at q Low
Ebb.
THE BENSON GAS FRANCHISE


ing and Realty.
The closenoss OF the money market
has brought almost stagnati1n On the
part Of local stocks, hardly transfer
being noted. Stocks In sub, laniinl aud
heavy dividend paying Institutions
practically 20 begging whenever they
are offered for sale. OF course parties
who can hold on 10 them do not Offer
them on the market, but some who are
financially tightly tquet zei nre or
deayoring TO iispose IL the host elass
II stocks, but Had no takup, oven
when the figure asked is heavy
sacrifice oi the actual value. 10 ap.
pears ~ II money was Simply out Of
reach for the present. HDIcs arc e1-
pressed for an improvement Ia the
state OF affairs early next month.
TiiSy GAS FRANoinsE.
The L ,gCouucll committee having
In hand tue subject Of the gus ana
electfict light franchise asked for by
Wendell Benson have agreed upon It's
teTnH, and IL may come up In the
Council at an early date. IL grants
Mr. Benson the streets Of :hu city for
pipes anu wires, under the usual rc.
slricuons, aud upon the following con-
ditlOus:
The said Wendell Benson, dur.
Ing tho period Aforesaid, shall agreo
and ny his acceptance oi the priv.
luges hereby granted, does agree with
the said city, TO furnish gas 10 this citi-
zons OF said city at n piice not exceeding
SLID per Ouc thousand cubic feet, "
unid on or before tho 10Th uhy II each
month; and agrees 70 Hight the CITY
Council chamber and offices OF the
several departments Of the city gov
eminent, ireo OF charge. Aud the
said Wendell Benson agrees to furnish
an illuminating gas Of not less than
eighteen candle power md incaudef-
cent electric light Of not less than
sixteen candle power; the same 10 TO
be subject from time TO time 10 the iu-
spoction u proper officer appointed
by said City Council TO determine the
quality Of said Illuminating gus and
electric light.
THE LUCKY Bill.
A letter has been received by Coun.
Gilman y. n. Hardy from Superinten-
dent George Burton Of the Lucky BIN
mine at Park CITY, statiog that the
vein has been struck at he 800. DOT
level and glv,s Indicators of being
the same M that on which the Ontario
II located. The mine Ia Just shove the
Ontario, and Its owners have spent
t25, 900 In developing aud prospecting
work.
THE HARQuA HAuA OWNER.
George w. Bowers, the noted Pacific
coast mining man, who was one Of the
two owners of the famous Harqua
HalA gold mines In Arizona, Aud who
died In San Francisco n few days ago,
has lett all OF his vast wealth except
about $40, 900, 10 his wife, Mrs. Gertie
Bowers, whom he married fivo years
ago. They have no children. Mrs.
Bowers was IA widow, Mrs. Ball, when
Mr.. Bowers married hor. His two
brothers aud a sister get the remainder
Of his fortune. Bowers wandered all
over the west before he made his
great stake In Arizona, having been
for time la Utah. In 1858 he first
went 10 AtiEoua, and engaged Ia
tho cattle business, He also be.
came interested In the Cllpp
silver mine ut Casa Graud0,
aud the Tiger mineat PhmniK amassed
considerable money. When he went
into the HaIqua Hals mines the dis.
trlot was regarded ns very doubtful.
Ho spent long time considering
whether he would invest or not, and
used often 10 say that ifit failed he
would DO ruined. With tue keen In
sight which his varied experience had
given him, however, he sent for one OF
the most noted Of mining experts, In
whom he had great deal Of conf
dence, who happened then TO he In the
East, and got him to expert the mine.
He reported fRvorably and Bowers a,
once bought large interests In the diff
feTent claims, ana thus secured u large
fortune.
The celebrated Harqua Hala gold
mines, which ARE In Yuma county,
A. r., were located late In 1855 by
Harry Walton, Robert Stein and
Mike sullivan. Steln sold his inter.
eat TO A. q. Hubbard and the Others
sold TO different persons. About the
ththt Alulo ~ hANA hthNA AAoAhN
Jumped the Golden Eagle claim, one
OF the combination, and several
thousand dollars were spent In
litigation. Horne IN the mean.
time took out several thousand
dollars. Then Mr.. Bowers stepped
In aud lolned Hubbard and brought
out Horne and the other inteTesls
The Hafqua HRla properties are st
two different camps OF the district,
bonanza and Harrisburg, The new
owners put up a large stamp mill aud
atterward speedily increased the
mcIlites for crushing thu ore. IL IL
said that the cost OF milling IN about
50 a ton. Great h0lsiing works have
been constructed, and, altogether, the
plant IL one Of the greatest In the
west.
FABULOUS stories have been told OF
the wealth u these mines. For year
and u half past immense ingots OF gold
nave been iaken out. A great "dOme
of pold,D sO.enlled, was sent TO San
Francisco In January last which
weighed 800 pounds and had value
of ssl 900. II was from three months
run nj the mill. There Il said to be
an astonishing amount OF ore in the
mines,
IrIsA UNION STRIKE.
A dispatch from Wallace, Idaho,
savf, There has been no change In
The strike situation nj the Gem and
Frisco mines. Both remain shut down,
40, A ia appufent that many OF the