The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-09-25
Bank Clearin-s.

casting copper, 1O1s cents.
Bank Clearings.
The clearings Of the associated banks
yesterday were $1SS,614 For the same
day last year they were 92O7 OO9.
Mining Notes and Personals.
Angus NJ. Cannon Of the Cannon and
Wonder mines viii go out to Mercur this
morning.
J. d. Kendall, Of the Centennial Eureka
mine is in Trail Creek, in the Kootenay
country, British Columbia, on mining bus
mess.
The Galena Mining company yesterday
received a carload of ore that assayed SO
per cent. lead and 91.2 ounces silver to
the ton
The Dalton & Lark is now storing its
ore and the company will make but one
more shipment, comprising 200 tons, be-
fore election.
Work is progressing finely in the de-
velopment of the Red Cloud mine adjoin-
ing the Overland at Sunshine, and the
men are now drifting on ore that carries
values of over 1885 in gold to the ton.
Colonel E. A. Wall and E. H. Airs have
wagered a thousand shares of Brickyard
stock on the coming election. Wall is a.
Bryan man and Airs is for Mckinley,
candidate will win.
O. 3. Hardy, of the Bingham Copper
company, Went out to the mines yesterday.
The company has discontinued shipments
from the Mast mine, but is doing con-
cradle development work and good bodies
of ore have been disclosed in the property.
]. H. Dupaix is in from Star district.
Beaver county, and reports that the mines
of the camp are looking well for the
amount of work being done upon them.
He also visited the Horn Silver mine at
Frisco and says this magnificent property
is shlpp ng some high grade ore
Hon. Frank Hall, the mayor of Mercur,
was in the city yesterday in attendance
at the Independent Republican conven-
ton as a delegate. Mr.. Hall is interested
in the Hecla and Golden Seals mines at
Mereur. and he informs The Herald that
the outlook for these properties is very
encouraging.
Tomorrow's Utahnian will contain
very interesting and instructive article
on the silver question from the pen of
Hon. ID. S Honnshell, who was formerly
associated in the practice of law with
Judge Henry Stanbery who was United
States attorney general under Abraham
Lincoln's administration.
Captain Hank Smith, superintendent of
the Centennial-Eureka mine at Eureka,
was in the city yesterday as a desega e ~
the Independent Republican convention
The captain reports that the mine is look
lIlS INDY up III ana IlaI the ore
bodies are increasing in size as develop
ment work progresses.
The annual meeting of the stockholders
of the Niagara Mining and Smelling COM
pany will be held on September %. and
eastern stockholders and officers are now
en- route to this city in order to attend
the meeting. At this meeting a board of
directors viii be elected to serve for the
ensuing year and officers will be apo nted.
a few days ago the stockholders of the
Backyard Mining company purchased the
remaining treasury stock. amounting to
10e00G shares, the block being divided
among them according to the amount of
stock held by each. The Backyard is
showing up in most encouraging man
ner, and the company is highly elated
over the outlook.
Prof. Charles LaBelle has solved the
problem of manufacturing elastic rubber
from elaterlte and will soon have some of
the product on exhibition. 1t was an
nounced in these columns some time ago
that he had met with success in producing
hard rubber from this substance but now
that he has succeeded in the manufacture
of elastic rubber, a wide field in the rub
Der Industry is opened in this state, and
1t promises TO be a most important one.
Arnold Giaque, secretary of the Wander
bilt Mining and Milling company will
leave tonight for the mine at Haily Ida
no. The latest reports from the mine
are OF most encouraging nature With
in the last few days fine body of high
grade ore has been encountered and from
now on the company will ship from one
70 two carloads OF ore weekly, besides
which 1t is now milling from TWENTY-FIVE
to thirty tons of second class ore daily
The showing of the Gold Dust mine
at Mercur, is such as to justify the cree
ton of a mill and within a few days W.
s. Mccormick, ]. A. Pollock and J B.
Bamberger will visit the property for the
purpose of determining the most desira-
bic location for a mill-site. During the
past six months over 1000 feet of tunnel
ing, drifts etc, have been driven in the
Gold Dust ground, and in doing this work
large bodies of milling ore have been
uncovered.
The North Mountain Mining company
operating in Egan canyon. Cherry Creek
have its new cyanide plant in active oper-
alton by next week, Thursday or Friday
The latest advices from the mine which
is known as the old San Jose property, is
to the effect that in doing development
work fine body of ore has been disclosed
in some of the old workings. VIII Brown
and John Heinrich, who are Interested in
this property, are expected back from
Nebraska by the first of October.
George Cris1non, president and manager
of the Goldstone Mining company, re-
turned yesterday from Le1nhi county Ida
no, where the property of the company is
located. According to Mr. Crismon the
mine is looking well, and the miners are
working in from two to three feet of
ore that averages about 800 to the ton
in gold and the quartz is free milling.
1t is estimated that there are 10000 to Is
900 tons of ore already blocked out in the
mine ready for extraction and milling
The company is putting in a fine mill and
it is expected that the stamps will be
dropping inside of thirty days
A. Murphy returned Wednesday night
from the State Line district, and to a
Herald representative he states that the
outlook for the camp is most prom
Using one, as the ore is all free milling.
and wood and water abound in abund-
ance. The district, as mentioned before
in these columns, boasts of two distinct
ore chutes, which cross each other at
nearly right angles. One of the zones
carries free gold ore while the other is
rich in both gold and silver The silver
is high grade and the rock carries gold
values almost equal to the gold ledge; all
of which is free from lead. copper or
base metals. The Ophir and Burro mines
will soon make eonsignments of rich ore
to this city. Mr.. Murphy made three
locations while absent, and he expects to
return to the camp again this fall
E E. Crooks. stock broker. Il West
Second South street. Telephone 81.
-e-<zs-c
For Two Days Only,