The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-08-30
bingham bulletin Notes.

A long article in one of the Salt Lake
papers essays to put a cheerful face on
the prospect resulting from the slump in
lead by saying that if there is no fur
ther decline the output will be about the
same in the near future as in the past
few weeks. An explanation has also
been advanced as to the cause of the
recent advance in charges Tor treatment
which is that the smelters are over
STOCKED Ok with ore. bought at an average
Of So per 100 for lead, and they propose
to catch even on the shrinkage of value
of their stocks by declining to buy, and
making those who have ore treated pay
the difference This is very plausible.
by the way, and might pass for fact if
1t were not well known that up TO a few
weeks ago the stocks of ore on hand
We're not large, since which the general
output has not been up to average with
previous months.
We do not see that there is anything
to be gained by putting a false face on
the situation. 1t is idle to say that the
output in the immediate future will be
about average, with many of the larger
producers shutting down or reducing
their opera tons to minimum, while
shipments are made mostly by leases
and others forced to realize. There is no
legitimate reason for lead being quoted
this week materially below So, or for
treatment charges being higher now
than they were two months ago. If
tnere IS, IL does not snow on the surface.
There Is a lead trust and a smelter
combination, and there you are. The
whole country is suffering from these
Br1tiSh-hatched conSpiracieS against its
industries. and we of the mountains must
suffer with the rest until there is a rad
ical change from present conditions. A
gigantic attempt is being made to con-
troll the coming presidential election by
untold disaster will follow if the free
silver craze" is successful. Nothing
more potent than the far-reaching influ-
ence of trusts and combines can be used
for the purpose, and it may be that the
prospect Of hard times for the miner
that has suddenly come upon him is but
a cropping of the whole sinister design.
Whether it is so or not, an ugly condt-
ton is here, without prospect OF an i'm
mediate improvement, and 1t comes at
time to naturally arouse suspicion.
We are mistaken in our estimate of the
people of the mountains II they are IN
fluenced in the least from their determi-
nation to bring matters to show down
this fall. rather than to continue for an
indefinite period the evils now upon us,
by succumbing to the tactfcs OF Hanna
did not pull the string that launched
our local troubles, at least the indica-
tons point that way, and we predict
that lead will touch SO again before the
close of November.
CONCENTRATES
The boys working on the Lone Tree
have indications that they will tap the
vein this week.
The hosting machinery for the Frisco
mine has been ordered, and will be put in
early in September.
Every miner in Bingham is putting in
three eight-hour shifts a day wishing
for the success of the gallant champion
of silver.
The Williams extension of the old Dam
phool is being worked under lease by
Charles Mccain, Roy Bemis and Bob
4 strike in the lower tunnel of the
Northern Chief is giving up $500 free mill
ing gold ore The size of the streak is
not reported, and we have no particulars.
There is at least one placer PROPOSE
ton in Bingham that a couple of miners
can put their labor in against the owner
ship and get quick returns and good
thing.
The "Old Reliable has the advantage
that when lead and silver are down it
can switch operations to its gold belt
and placers. There are number of
good gold prospects inviting attention.
J. B. Hazelgrove and Nj. T. Wood are
sinking on the vein of the Little Joker
at the head of Bear gulch. 1t carries
straight gold ore that pans free gold, and
is a. very desirable property.