The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-12-31
Mining Notes and Personals.

w. c. B. Allen, the Well-knoWn MIN
ing operator, will leave for Tintic this
morning on mining business.
Seventeen tons of Jackson ore from
Eureka, New, were received at the
Macintosh sampler yesterday
The Swansea. Mining company de-
clared its regular monthly dividend OF
S., 900 yesterday, payable on the 10Th
of January.
There is considerable activity at the
present time in Emigration canyon,
just east of the city, and it is under
stood that on the LIST a number of
locations will be made there.
Harry Goss is up from the Good
Hope bar, on the Colorado river. In
the operation of this property the
water wheel is being raised and it is
hoped that the company Will be able
to begin Sluicing at an early day.
Edward X. Kirby, the Salt Lake rep
resentative of the Risdon iron WORKS
of San Francisco, returned yesterday
from a trip into Colorado, where he
states there is a great deal of interest
at the present time in the mining line.
The Butte Inter Mountain says:
Henry Siegel of the Salt Lake branch
of the Siegel Clothing company was
the original locator of the Mercur
mine, which is now valued at $2,O0O,OO0.
I1t let Ills lOCdllOIi ld-lSC anu liz IL
locators sold it for $4,000.
e. NJ. Weller of the Galena and the
Utah mines, returned yesterday from
trip into Wyoming. 1t is his inten-
ton to leave for Fish Springs this
morning for the purpose of directing
the work being done in the develop
ment of the Galena and Utah mines.
A patent receipt for the Baby Mckee
group of claims in the south fork of
Big Cottonwood canyon has just been
issued by the land office to the officers
of the company. The Baby is one of
the most promising properties in that
locality, and is what might be called a
grass-root producer.
The assessment of a cent a share, or
$1,000, on the Snowflake, which was
due yesterday, has been paid in full,
and now it is understood that 1t is the
intention of the company to resume
work in the development of the mine,
which is located just east of the Eu-
reka Hill mine at Eureka, Tintic.
II. NJ. Hadley of the Silver King
Extension Mining company has just
returned from visit to ST. Louis, and
he states that within the next few
days he expects the arrival of party
of eastern capitalists who will invest
in Utah properties if they find any
thing to suit them, and this, with
what Utah has to offer, will not be
hard to do.
An old Park City miner, in a letter
to friend in this city, states that the
Vallejo mine is the making of one Of
the greatest mines in the west. The
stock in this company is making rapid
advances, and it is doubtful, after this
week, if it can be had at anything
less than So a share. This is a stock
that should figure in the calls on the
floor of the Mining Exchange.
]. 3. Thompson, one of the owners
of the Daisies, on the western slope, in
Camp Floyd district, informs The Her
aid that DeLamar has not purchased
this property as reported, and that
the only ground for these rumors was
that the captain had asked the owners
i of this valuable prospect to set a price
on it, which they had done, and now
it was TO be seen if the deal is con-
summated. AS it is, the Daisy people
are not at all anxious to part with this
/ ground, which can now boast of being
, the making of a big mine.
There was considerable activity in
! the stock of the Monarch Gold and
I Silver Mining company yesterday, and
! Is, 900 shares of the stock of the COM
pany were transferred at the office of
/ the treasurer. The group of claims
owned by the company is located
south and west of Lion HILL in Oohir
! district, and it is stated that the work.
/ ings in the property show up encour-
aging indications-in fact, it is be-
/ lieved that ore has been encountered
/ as some rock has just been brought in
/ from the mine that is we'll mineralized.
! Iron County Record: George Nc
Connell returned from State Line last
Saturday evening, bringing back a
! glowing account of the camp. In con-
nection with Marion Millett he is inter-
ested in several properties out there
and is going to spend the greater part
of the winter developing them. He
brought in some good samples of rock
/ that promise to assay well. While out
| he was located a fourth interest in a
new claim, the Humming Bird, on a
valuable fraction in the heart of the
! mineral belt near town. The other
! locators were @. H. Allison, J. H. Nc
Donald and We editor. We acknowl-
edge with thanks the kindness of our
friend Allison in locating us in with
them. The Humming Bird will some
day be very valuable property.
Hon. Thomas G. Merrill. who has
just returned from Camp Floyd dis
trict. where he is heavily interested
in properties on the western slope, in
forms The Herald that he is having
some patent surveying done, besides
which he is doing considerable in the
is enthusiastic over the way that the
west dip is coming out, and he states
/ that one well-known mining man told
him that it begins to look as if the
mines of Mercur were only located on
the edge of the great ore zone of the
district, which is undoubtedly on the
western slope. If this should prove to
be the true condition of affairs, it can
safely be said that the most expert
enced mining man in the country is
incapable of comprehending the mag
nitude of the ore deposits of the dis
! trict or of even estimating the untold
wealth of the camp.
There was considerable activity in
mining stocks on the streets yesterday
afternoon and at advancing figures.
Buckeye sold freely at cents and it
is the general impression that this Sc
curity will go several points higher
than this within the next few days.
/ Swansea was also in demand, and it
was reported that this stock made
sales at So and that it was very firm
at this price, and especially so as there
is no doubt but that the company will
continue the payment of regular divi-
dends South Swansea was a general
favorite, and although it was wanted
at 81, which is the highest point ever
reached by this security, none of the
stock could be obtained at this figure.
Northern Light was also in good de-
mand and the stock exhibited an up
ward tendency. The Buckeye had an
I other carload of ore on the market
/ yesterday, which makes the twelfth
consignment made from this property
since it formed the basis for the pres
~rix- -