The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1896-02-07
mining Notes ana Personals.

Mining Notes and Personals.
The last samples of ore brought in
from the Utica mine went $26.42 in gold
to the ton.
James Neill, of the Taylor e. Brun-
ton sampling works, was in Bingham
yesterday looking after his pyritic ore
rooster.
Last night it was reported that De-
Witt B. Lowe had sold 10000 shares of
Mercur stock to P. J. Conway at 81
per share.
We understand that block of Gem
tennial-Eureka stock was sold yester-
day by one of our leading brokers. AS
an investment stock Centennial-Eureka
is hard to beat.
Hon Allen G. CampbelPs mill at Van
derbilt California, is running steadily
on $15 and $25 ore, and every month
Mr. Campbell is making mice little
rake-off above all expenses.
The Silver King Mining company, of
Park City, pays its regular monthly
dividend today of $37, 800 The COM
pany has paid to date $525, 600 in divi-
dends. The Silver King is a magnifi-
cent piece Of property.
E. and George Meredith OF Aurora,
Ill, We're in the city yesterday en-
route to California. The gentlemen
are old acquaintance of G.. r. Both
we'll of the Geyser and Sacramento,
and made him call while here.
Ed Magner manager of the Gold
Dust mine in Lemhi county, Idaho, re-
turned from Chicago yesterday, where
he purchased a tWenty-stamp mill and
chlorination plant for the property at
a cost of S24 600, the company to whom
the contract was given having taken
the treasury stock of the company to
this amount. The plant is to be erect
ed as soon as the snow goes, when
rich returns will soon be coming in.
]. T. Breckon, United States deputy
surveyor, who is making the patent
surveys for the Mercur- Mammoth COM
pany, writes from Mercur that he has
seen no ground with more promising
indications in the district than that
owned by the newly organized COM
pany. The treasury stock OF this com
pany is being readily placed with con-
sentative people, and from what we
can learn the limited number of shares
which are to be sold for development
purposes at 25 cents a share will soon
| be taken, after which the price Will be
advanced materially.
At the directors meeting Of the Dal-
ton Mining company, held Wednesday
night, it was decided to appoint COM
mittee, of which Mr.. o. r. Young will
be one. whose duty it shall be to care
fully and thoroughly inspect the mine
and consider the best methods of treat
/ ing the ore 1t is more than likely that
wire tramway from the mine to the
Bully Boy and Webster will be con-
structed, which will enable the compa-
ny to transfer its ore to the mill at
all seasons eli the year. The directors
10 CO "a nf \
of the treasury stock of the company,
the minimum price being at Is cents
share, and it is reported that Phil
adelphia people will most likely buy
this stock.
Colonel Samuel Wood of Helena,
Mont, one of the pioneers of that
state. is visiting in Salt Lake. Colonel
Wood says that mining interests in
Montana are looking up, and that
there are now more miners employed in
Butte than ever before, and that
throughout the state more attention is
being given to gold mining and the
treatment of low grade gold ores by
new and cheap methods. Colonel Wood
is well acquainted with General Mana
ger G. H. Robinson, of the Golden Gate,
at Mercur, who was formerly superin-
| tendent of the Great Drum Lummond
mine and speaks in the highest terms
OF his ability and worth as a man He
has heard much of Mercur, and during
his stay here, will takea run out to our
mammoth gold fields if he can induce
Robinson, Busenbark or Carter to go
with him.
1t is reported on the streets that a
discovery of very rich gold ore has
been made in Skull valley almost
within the confines Of Camp Floyd dis
trict. AS the rumor was encountered
several times yesterday, there must be
some truth in the report. especially as
it is stated that assays were made on
the rock by several of our assayers,
and that the results in each instance
only differed a few cents. This is
day when reports of extraordinary
finds are constantly in the air, but this
one, to the effect that a mammoth
| ledge has been found in the locality
above mentioned, that carries over 5000
in gold to. the ton on the surface, is a
corker, and its truth will have to be
fully established before it will gain
credence with conservative mining
men. Still. we should not be surprised
I if these rumors proved to be correct,
| for in time we all must admit that
Utah is the greatest mineral state in
the Union.
TUESDAY AND FRIDAY ONLY.
! Boys overcoats worth S. to 50, choice
$3.50 each, at E. Auerbach & Bro