The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-01-28
Mining Notes and Personals.

day last year they were $2O4,9S9.
Mining Notes and Personals.
Broker Colburn yesterday. after call,
bought 100 shares of DAILY at $3.50.
j. NJ. Davis, manager of the Annie
mines, came in from Camp Floyd last
night
Broker Hill sold twenty-five shares
of DAILY yesterday after call at 1928.
DAILY is getting near the high water
mark
A. Burch, M. E., returned from Tin
tic yesterday, where he has been doing
some surveying for the R. G. w. Rail-
way company.
Gill S. Peyton is back from his south
ern trip and during his absence visited
the Sewer mine in Piute county, which
he says shows up a fine body of ore.
Hon. George w. f. Dorsey left last
night for Nebraska where he will at
tend to some important business. He
expects to return TO Salt Lake within
week.
j. E. Bamberger has returned from
his Camp Floyd district. He predicts
a great future for the camp, and says
that he believes several new mines
will be opened up there this spring.
Edwin w. Senior, the noted hustler
and promoter. leaves this morning for
Mercur. 1t will be a good thing for
the camp if Ed becomes interested
there, as he is builder from the
ground up.
Tim Driscon is in from Camp Floyd
district, and reports that the Haines
group and the Elko ground is looking
fine. The Haines is showing up some
good ore bodies, while the showing in
the Elko is most favorable.
The surveyor has ordered a patent
survey made on the following claims
The Gold Channel Nos. 1 and 9 Tip
Top, Thursday, Reliance and Relief
lodes, in Camp Floyd Mining district,
upon the application of w. 1. Higgins
and others.
E. R. Field and c. e. Wantland left
last night for Pocatello and Orchard,
Ida. The last named place is new
railroad town, the inspection of which
is the chief object of the trip, but be-
fore returning Messrs. Mainland and
Field will visit the Neil gold mining
district not far from Orchard.
a meeting of the governing board
and the committee on arrangements
of the mining exchange will be held
next Thursday at Z p. m. for the pur-
pose of arranging for a press eXcur-
sion from the east to Utah, and also
to fix the salaries for the officers of
the exchange, and to attend to such
other business as may properly come
before the meeting.
Some good looking ore was brought
down yesterday from the Bob Ingersoll
mine in the foothills just east of Pop
perton Place, and the owners of the
property feel much encouraged over
the outlook for the mine. Besides gold
ore, a fine bed of clay exists on the
Bob, which is especially valuable for
the manufacture of vitrifed brick and
sewer pipe.
Edward Crowthers, Stephen w. Tay-
lor and William Simpson have recently
made three locations in Parleys can
yon just above the Mo Sicker mine, and
on Thursday last opened up a ledge
from which they extracted some fine
looking rock, which resembled very
much the Mercur ores. Mr.. Simpson
is also owner of a large deposit of
teaching ore on the Provo river that
goes So to the ton in gold.
A Salt Lake mining man yesterday
asked US the following question: "Why
is it that the stock of the Portland
which pays only $50, 900 per month in
dividends, is selling on the market at
a valuation of S., 600 for the mine;
while the Observation-Disclosures of Tintic,
which also pays 100000 per month in
dividends, is valued at only 81, 800, OO0?"
Who can answer this query?
Prospector Cole is in from Pelican
point with samples of ore from the new
discoveries at that place. He says that
the lodges are large and Well-def1ned
in that locality and that if the ore car
ries in values according to looks, Pei
lean point will yet make a record as
great gold producer. This locality is
claimed by Camp Floyd, North Tintic
and Lehi mining districts, but it is
limited that before long the claimhold-
ers there will meet and organize a dis
trict of their own.
Superintendent George Kislingbury,
of the Delamar mines, at Mercur, and
also general manager of the East Col
den Gate property, was in the city yes
terday, and reports that everything is
looking we'll at the mines. Mr.. Kis-
lingbury says that he is not at all sur
prised at the discovery of native gold
in the Mercur ore, and that it is his
belief that free gold ore in abundance
will yet be found in that camp. He
IS OF the opinion that free gold exists
in all Mercur ores running over $25 in
value, and that a strong magnifying
glass will demonstrate its presence
in rock of this quality. Mercur, he
says, is growing rapidly, and the noise
of the hammer and saw can be heard
all over the town.
Captain Ed Egan is back from Mt.
Badly district, Piute county, where he
is interested in the property owned by
the Golden Star Mining and Milling
company, which was formerly known
as the Grasshopper mine. The captain
is employing seven or eight men Oh
the Golden Star and has six-foot body
of gold ore uncovered that averages
Sc and 81 to the ton. Near the Grass
hopper can be found the Sewer and
the Butler-Beck mines, in which large
bodies of ore have been uncovered. The
roadbed for the extension of the rail-
road from Salina to Richfield is now
being graded and when the extension
is completed these mines will be
brought nearer to market and their
value viii be greatly enhanced thereby