The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-08-10
PARK RECORD JoTTINGs.
Interesting Budget of News From
Park City Mines.

Park CITY MINES.
During the past few weeks there has
been considerable published in Colo
RADIO and Utah papers concerning the
Standard Oil company and its mining
interests, the general tone of which
has been to the effect that the COM
pany is not only making preparations
to resume operations on old properties
owned by it, and which have been ly-
ing idle for a number of years, but also
indicates that the company has num-
Der of eXpertc in the field examining
and purchasing promising properties
in both states. That the news is true
is evidenced by the fact that the COM
pany, which owns the old Parley'S
Park or Lady of the Lake group, lying
above the Ontario company's ground,
is showing a disposition to begin OPP
erations on that group in the near fu-
ture. So far have matters progressed
that it was reported once this week
that force had been put on to
straighten up the works and get ready
for active developments. Inquiry into
the matter, however, showed that work
had not been commenced, but that a
letter had been received by Charles
McFalls, who is in charge of the prop
erty, indicating that a resumption Of
work on the Lady of the Lake. was
very probable in the near future; that
the company had about made up its
mind that the time had come when it
was advisable for it to begin devel-
opment work on its various mining in
terests and that Park City would be
one of the first points at which a re-
sumption of work would be inaugural
ed. This is gooQ news, and it is to be
hoped that the company will see its
way clear to putting on a large force
in the near flu ure and renewing its
search for ore within its holdings in
this district.
PLENTY OF LOW GRADE ORE.
There is considerable talk just at
present of the old Glencoe property be-
ing reorganized and incorporated I'M
der new name. though w. NJ. Curtis
says he has nothing to give out con-
corning the rumor just now. 1t is to
be hoped that the reorganization will
take place and that the property will
again be actively developed, for it is
the general opinion among those ac-
quainted with its past history that
with the Peck mill in operation the
Glencoe would pay its way right from
the start and stand a fair show of
soon developing into diyidend-payer.
The Glencoe has lots of low grade ore
in sight, and the writer believes that
under the management Of w. NJ. Cur
tbs new and rich er ore bodies would
soon be uncovered.
CAMP CROSS-CUTS.
Frank H. White of the Baltimore
mine has teams hauling to the jigs he
recently built There is about 200 tons
Of Juggling ore on the dump and about
fifty tons of first-class ore which is
ready for NEUTRALITY-SUSPICIOUS., ketchum,
Idaho.
There is a healthy inquiry just at
present for Creole stock, and quota
tons are gradually creeping upward.
Sixty cents per share was offered and
refused for it this week. Operations at
the mine are progressing in most ia
vorable manner and the property looks
better today than ever before in its
history.
County Selectman Christopherson of
Salt Lake was in the Park Thursday
on mining business and visited the
claims on Scott hill in which he is in
terested. He found the group looking
very favorable and expressed himself
as well pleased with the prospects.
A new fiat wire cable arrived Mon
day last for the Silver King company
and was taken to the mine Tuesday. 1t
was 1,500 feet long and will replace the
cable now in use. The mason work for
the retaining wall and cellar of the
new boarding house is progressing
nicely, while the mine. in view of what
is in sight and what is known OF it,
may be safely put down as in fine fet-
tie and one of the biggest silver mines
in the world.
It is with great pleasure that the
Record notes that the DAILY Mining
company has resumed the payment of
dividends, one having been posted this
week payable on September l, of %
cents per share the total amount of
which is sS7, 500. The company has a
treasury Of something over $500, 600.